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Topic: [ANN][CRC] Craftcoin - Portable Minecraft Game Currency w. Economy Plugin - page 30. (Read 92642 times)

legendary
Activity: 1064
Merit: 1000
thats fine, but if he hashes an hour and doesnt find a block, he of course will get payed for it, but its useless for getting closer to retarget.

How will I get paid for it?

I never use mining pools - I only solo mine.



A pps pool pays a rate per share based on difficulty and block reward.

A proportional pool takes the block reward from a block that it finds and divides it by the number of shares it took to find the block. Miners are then paid by the number of shares they have in the block.

You set up an account with a pool and part of that registration ( or setup later) is entering the address you want to be paid out to. Most pools let you set an auto threshold where the pool will auto-pay once your account hits a certain level. Most also have a manual payout option, usually for a fee.
sr. member
Activity: 309
Merit: 250
thats fine, but if he hashes an hour and doesnt find a block, he of course will get payed for it, but its useless for getting closer to retarget.

I do not quite understand.

Getting the hash rate up by enticing miners to mine the coin does not help get to the re-target quicker?

The gap between hash rate and difficulty is causing the huge drop in mining. I am trying to get more miners on board to increase the hash rate and get to re-target quicker.


i think i have to read more about that pps system.

is everybody mining for himself in this pool and if anyone find a block, all get payed how much the tried to find (shares) ?
its not interesting for the miner if the pool finds a block - real PPS is paying for the shares - the money for one share depends on the diff - with the risk for the pool operator to find a block or not
the pool has to pay the shares - even it finds no blocks
sr. member
Activity: 294
Merit: 250
He should have a look at the Fastcoin source code - and get some ideas from there.

That coin somehow is always in the top 10 even with violent swings in hashrate.

yes. or mega
full member
Activity: 238
Merit: 100
He should have a look at the Fastcoin source code - and get some ideas from there.

That coin somehow is always in the top 10 even with violent swings in hashrate.
sr. member
Activity: 294
Merit: 250
are the devs working on the problem? what do they wanna change? do they wanna change something?
sr. member
Activity: 294
Merit: 250
thats fine, but if he hashes an hour and doesnt find a block, he of course will get payed for it, but its useless for getting closer to retarget.

I do not quite understand.

Getting the hash rate up by enticing miners to mine the coin does not help get to the re-target quicker?

The gap between hash rate and difficulty is causing the huge drop in mining. I am trying to get more miners on board to increase the hash rate and get to re-target quicker.


i think i have to read more about that pps system.

is everybody mining for himself in this pool and if anyone find a block, all get payed how much the tried to find (shares) ?
sr. member
Activity: 309
Merit: 250
i think the retarget has to be changed after 20 blocks - to have a better/wider calculation the last 50 or 100 blocktimes may have to be choosen to find the new difficulty
to have no problem in the future with that difficulty it may be better to change the diff after every block - regarding the - let me suggest - last 100 blocktimes
sr. member
Activity: 294
Merit: 250
there are pools. thats not the problem. with this diff no one wanna mine it. and if u look at coinchoose u will find other coins to mine with more profit.
i like this coin and i believe it has great future, it just needs to be "repaired" for the coinchoose effect  Wink Wink
legendary
Activity: 1064
Merit: 1000
thats fine, but if he hashes an hour and doesnt find a block, he of course will get payed for it, but its useless for getting closer to retarget.

I do not quite understand.

Getting the hash rate up by enticing miners to mine the coin does not help get to the re-target quicker?

The gap between hash rate and difficulty is causing the huge drop in mining. I am trying to get more miners on board to increase the hash rate and get to re-target quicker.
hero member
Activity: 518
Merit: 500
Bitrated user: ahmedbodi.
ill have a p2pool up in 5 mins if anyones interested, also going to pay some guys to promote it
full member
Activity: 238
Merit: 100
thats fine, but if he hashes an hour and doesnt find a block, he of course will get payed for it, but its useless for getting closer to retarget.

How will I get paid for it?

I never use mining pools - I only solo mine.

full member
Activity: 238
Merit: 100
How many more blocks need to be solved before a difficulty adjustment?

Someone should ask the dude that runs coinchoose to remove it from the list until the difficulty issue is resolved otherwise all that will happen is we will be having the same conversation again at this time tomorrow when it is hammered by all the crypto switching pools - which in my opinion are doing more damage than good for the alt coin community.

Any coin without a quick adjustment just gets blasted into no mans land.

I have to say Fastcoin is very good from that respect. It is continuously near the top and does not suffer from the "coinchoose effect"
sr. member
Activity: 294
Merit: 250
thats fine, but if he hashes an hour and doesnt find a block, he of course will get payed for it, but its useless for getting closer to retarget.

---edit---
thought again about it, and now i dont be sure. could be it helps.
legendary
Activity: 1064
Merit: 1000
Well,

My pool http://crc.cryptocoinmine.com is a PPS pool.

This means miners get paid regardless of how long it takes to find a block, and the value of the shares is constant and does not get diluted the longer a block takes to get found.

I will probably take a big hit by reminding miners of this and they jump onto my pool. On the other hand, hopefully it will entice miners to switch back to CRC so it can get over this low hash/high difficulty hump.

sr. member
Activity: 294
Merit: 250
and the difficulty ups and downs in % must be limited.
sr. member
Activity: 309
Merit: 250
i think the retarget has to be changed after 20 blocks - to have a better/wider calculation the last 50 or 100 blocktimes may have to be choosen to find the new difficulty
full member
Activity: 238
Merit: 100
I am now slamming it with 19mhs but can only do it for an hour or so.

Something has to pay for 10kwh's of electric.



that makes only sense if u find a block  Wink

well lets hope! Even with a high hash rate 1.4 million is an ass
sr. member
Activity: 294
Merit: 250
I am now slamming it with 19mhs but can only do it for an hour or so.

Something has to pay for 10kwh's of electric.



that makes only sense if u find a block  Wink
full member
Activity: 238
Merit: 100
I am now slamming it with 19mhs but can only do it for an hour or so.

Something has to pay for 10kwh's of electric.

sr. member
Activity: 294
Merit: 250
thats the same problem feathercoin had.
with todays profit rush miner it is necessary to react.
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