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Topic: [ANN][JPC]MAKE JACKPOTCOIN GREAT AGAIN! - page 51. (Read 470275 times)

sr. member
Activity: 282
Merit: 250
August 15, 2014, 10:11:20 AM
Coinwars has added JHA and NeoScrypt to the profitability chart.

Coinwarz seems to need to have better data.

On the their algo comparison setting,
the default hash power for X11 is 9000 KH /sec while for Jackpotcoin, it is only 3000 kH/sec.

This is completely inaccurate.

For AMD R9 series,  JackpotCoin generates about 10% more hash power than X11.

For 750ti, Jackpot does a lot more.

Think they're still working on it.  I just went there and it defaulted to 9k for x11 and 14k for JHA, but they don't have jpc listed anywhere in the results or coin list yet.

Probably they will have hard time to find out the total net hash which is very important to calculate the profitability estimate. Also they need to plug in 10% reward reduction every week, and jackpot reward etc.. I don't think they can make an accurate estimate without api support from our community.
hero member
Activity: 700
Merit: 500
Member of the Crypti Foundation Board of Directors
August 15, 2014, 10:08:03 AM
Off topic a little.

Bter exchange was hacked for 45million NXT and 112BTC.  All hell has broken loose in the past few hours there as the herd mentality took over and a massive SELL ALL COINS AT ANY COST attitude took over the account holders.

Bter even paid the hacker 100BTC more to return the NXT.  He failed to return the NXT.  More panic selling........

Then cooler heads prevailed with the NXT devs, who agreed to erase the transaction from the blockchain.  This was not a rollback, but an erasure of one transaction, requiring a download of the new editted blockchain by all NXT wallets.

legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
August 14, 2014, 10:00:34 PM
GOSH..... that makes me feel good.  I have been voting for three weeks now, about 10-14 votes a day and posting here asking you guys to vote as well.

It was a great effort, and hopefully it will generate some buying interest in the coin.

Thanks to you and gazzamc for the info and Coinwarz Smiley
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
August 14, 2014, 09:57:00 PM
...Also I thought the risk of any kind of 51% attack was mitigated by POS? They would require a significant amount of the available coins (stake weight) in addition to controlling 51% of the network. Am I wrong?

POS blocks are not always found between POW blocks. Consider the consecutive series of blocks 571032, 571033, and 571034. All three were found a few seconds apart and by the same address (dwarfpool's JdaWQx5PCseQUB96FUZ4vALkfPYFUzVG6U). That event 10 minutes ago all by itself is already flirting with the possibility of a fork.

Looks like miners who care about the coin should be aware of this.

hmm i wish i knew more about how it worked but thanks for the info i think lol
sr. member
Activity: 476
Merit: 250
August 14, 2014, 07:33:09 PM
Coinwars has added JHA and NeoScrypt to the profitability chart.

Coinwarz seems to need to have better data.

On the their algo comparison setting,
the default hash power for X11 is 9000 KH /sec while for Jackpotcoin, it is only 3000 kH/sec.

This is completely inaccurate.

For AMD R9 series,  JackpotCoin generates about 10% more hash power than X11.

For 750ti, Jackpot does a lot more.

Think they're still working on it.  I just went there and it defaulted to 9k for x11 and 14k for JHA, but they don't have jpc listed anywhere in the results or coin list yet.
sr. member
Activity: 282
Merit: 250
August 14, 2014, 07:06:44 PM
Coinwars has added JHA and NeoScrypt to the profitability chart.

Coinwarz seems to need to have better data.

On the their algo comparison setting,
the default hash power for X11 is 9000 KH /sec while for Jackpotcoin, it is only 3000 kH/sec.

This is completely inaccurate.

For AMD R9 series,  JackpotCoin generates about 10% more hash power than X11.

For 750ti, Jackpot does a lot more.
hero member
Activity: 700
Merit: 500
Member of the Crypti Foundation Board of Directors
August 14, 2014, 06:19:11 PM
Coinwars has added JHA and NeoScrypt to the profitability chart.
hero member
Activity: 700
Merit: 500
Member of the Crypti Foundation Board of Directors
August 14, 2014, 06:11:22 PM
GOSH..... that makes me feel good.  I have been voting for three weeks now, about 10-14 votes a day and posting here asking you guys to vote as well.

It was a great effort, and hopefully it will generate some buying interest in the coin.
full member
Activity: 189
Merit: 100
August 14, 2014, 04:25:52 PM
all i know is i just went to vote for JPC on coinwarz and it was not on the list now !
then i looked all over the site to see if it was added and i didn't find it Sad

and sorry i don't want to go to Twitter web pages so if someone can post info from what happened there ? than thanks Smiley

from their twitter :

Quote
The #JackpotCoin #JPC community has spoken.  @JackpotCoin will be added to #coinwarz later today.  #bitcoin #cryptocurrency

Don't panic Tongue
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
August 14, 2014, 04:19:54 PM
all i know is i just went to vote for JPC on coinwarz and it was not on the list now !
then i looked all over the site to see if it was added and i didn't find it Sad

and sorry i don't want to go to Twitter web pages so if someone can post info from what happened there ? than thanks Smiley
sr. member
Activity: 602
Merit: 250
August 14, 2014, 02:50:06 PM
Good to know that all my twitter ranting was heard. Smiley Look what we have here. Hopefully this doesn't backfire on us. Smiley

http://www.coinwarz.com/cryptocurrency
sr. member
Activity: 396
Merit: 250
I speak: LT, RU, EN
hero member
Activity: 700
Merit: 500
Member of the Crypti Foundation Board of Directors
August 14, 2014, 07:37:57 AM
The reason why coinwarz didnt add us cause our "Algorithm" so different from the others  Grin

I dont know if the took the easy way out, or if ViaCoin bought 2000 votes with a BTC.  If they did purchase votes, it would have to have been in the last hour of voting.

There are about 20 algos now in use for mined coins, and another few for coins that cannot be mined.  CoinWars only shows profitabllity for 8.  They need to get on the stick and add many other algos if they want to remain relevant:
newbie
Activity: 45
Merit: 0
August 14, 2014, 06:36:12 AM
The reason why coinwarz didnt add us cause our "Algorithm" so different from the others  Grin
Yea, the would have to change a lot on their site and add brand new algo for single coin Cheesy It take some time, but instead of working on it they've acted kind a lame and added shitty "nothing new" scrypt coin XD
This World is going to die with such a lazy bi*ches Grin
member
Activity: 67
Merit: 10
August 13, 2014, 11:12:34 PM
The reason why coinwarz didnt add us cause our "Algorithm" so different from the others  Grin
hero member
Activity: 700
Merit: 500
Member of the Crypti Foundation Board of Directors
August 13, 2014, 07:39:26 PM
WE WAS ROBBED!!!

CoinWars just posted the addition of this weeks coin........... Its VIACOIN!!!!!!!!!!!!

Keep voting guys, we got to get to 2000 votes to make it too expensive for the others to buy a victory.
member
Activity: 91
Merit: 10
August 13, 2014, 06:00:46 PM
...Also I thought the risk of any kind of 51% attack was mitigated by POS? They would require a significant amount of the available coins (stake weight) in addition to controlling 51% of the network. Am I wrong?

POS blocks are not always found between POW blocks. Consider the consecutive series of blocks 571032, 571033, and 571034. All three were found a few seconds apart and by the same address (dwarfpool's JdaWQx5PCseQUB96FUZ4vALkfPYFUzVG6U). That event 10 minutes ago all by itself is already flirting with the possibility of a fork.

Looks like miners who care about the coin should be aware of this.
sr. member
Activity: 282
Merit: 250
August 13, 2014, 05:28:53 PM
The truth is Dwarfpool has been a lot more stable than any of the other pools in my experience. If the other pools can keep the same uptime and offer similar features as Dwarf, then you might see more people spread out. Also I thought the risk of any kind of 51% attack was mitigated by POS? They would require a significant amount of the available coins (stake weight) in addition to controlling 51% of the network. Am I wrong?

I don't think only Dwarfpool has been "a lot more stable". I have used MiningPoolHub since several months ago, and never experienced any significant downtime or communication issues at all. Also other pools managed them quite well except the period of that pos bug and forking issue, but it was not their fault.
Dwarf's no registration "feature" seems good, but other pool's registration also has some advantages too.
I am monitoring all pools' status every 2 min now. I will post it on jpcpal.com soon.
Luckily JackpotCoin is pow/pos hybrid, so it may be less risky to have 51% control either on PoW or PoS, but it does not justify that we can ignore it.
For better stability and security, it is always better to distribute hash power.
sr. member
Activity: 602
Merit: 250
August 13, 2014, 04:29:27 PM
The truth is Dwarfpool has been a lot more stable than any of the other pools in my experience. If the other pools can keep the same uptime and offer similar features as Dwarf, then you might see more people spread out. Also I thought the risk of any kind of 51% attack was mitigated by POS? They would require a significant amount of the available coins (stake weight) in addition to controlling 51% of the network. Am I wrong?
sr. member
Activity: 282
Merit: 250
August 13, 2014, 02:14:05 PM
dwarfpool has way more than 51% of the hash (it's ranged from around 70% to 90% over the last few minutes). I'm beginning to get orphans again solo mining, which hasn't happened since "The Fork." If miners want a healthy coin, then they need to spread the hash, else this coin just becomes like a microcoin (MRC) that in its final days could only be mined on one pool. Or would the POS eventually become large enough to save it? Almost all of the last POW blocks have gone to JdaWQx5PCseQUB96FUZ4vALkfPYFUzVG6U.

I advise Dwarfpool to raise the pool fee to 3 to 5% until their share goes down below 50% as MiningPoolHub did it before where it had more than 50% of hash power.
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