[ANN][MIN] Minerals - POS | Developing own anon solution | - page 408.

DRPD

legendary

Activity: 1148

Merit: 1001

Quote from: PepiX on June 13, 2014, 04:14:11 AM

Quote from: hamba on June 13, 2014, 03:30:57 AM

If it wasn't so, and as you're saying it's all the same than what's the point of cutting anything?

Quote from: DRPD on June 13, 2014, 03:46:36 AM

sorry this is nonsens!

if we had enough time we where able to connect all 4 workers with the same worker username and pw.
i had 4 workers last night user.1 user.2 etc. each one with around 8mh/s.
while we where sleeping user.2 user.3 and user.4 where deleted on the pool.
with the new limit we only have to connect all workers with user.1 for example and we got the 4x hashrate on user.1 of course....

the change is not problem only the short announcement

OK.. if you find it to be nonsense.. do the math yourself and tell us.. how much would you earn if the notice was for 8+ hours and how much you earned now (with only the one worker submitting)? You (DRPD) started it by saying you wanted the announcement to have been made at least 8 hours in advance. I told you your earning are pretty much the same.. if you call it nonsens.. do the math and mention here what it says.. you will find it is pretty much the same what I did.

@hamba - I have written in my first post where is the difference.. the distribution.. the difference is only for the big farms.. in this special case depicted by DRPD.. there is pretty much no difference. And for those loosing less workers, it is a Win situation. If he had only two workers.. he would have mined twice the coins compared to the situation where the announcement is made 8 hours in advance. And if he had a single worker.. he would have had nearly 4 times more coins mined.

The net hasrate has dropped 3.5-4 times.. so DRPD is at the break line.. if he had less workers he would have earned more than the case if the announcement was loner. If he had more.. he would loose. Now he is about even.

simple math: 8 mh/s versus 32mh/s. so 3 x more coins for the time the 3 workers where not mining (still not sure how long but i guess 5-6 hours)
and no i don't started this, it was a post before me ....

and you sir should be able to accept constructive criticism...

altuinx

member

Activity: 116

Merit: 10

Whiners please move to another coin if you are dissatisfied. There are more then 6 days left to make up for what you lost in a few hours. You can't have it all. Small miners complain about big miners. Big miners complain about about measures taken against them to protect the smaller ones. Nobody is happy. Do you think that the dev is GOD? WTF is he supposed to do to protect you all? The community is key, I know that from BC. The more people are satisfied the better the coin will get. If this is not a scam then for sure it is a good thing that we have no exchange. Look at AXIS, it's been on bittrex from day one. Crypto is still far from an exact science. Some win and some lose. Get used to it.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: znakistu on June 13, 2014, 03:55:16 AM

I've lost over 800 minerals. Who will pay for this?

try to take the third expo, you will recover fast, and don't build useless units

Zulandio

full member

Activity: 140

Merit: 100

32 Mhs

XbladeX

legendary

Activity: 1302

Merit: 1002

Quote from: Minerals on June 13, 2014, 04:29:46 AM

Quote from: nigttran on June 13, 2014, 04:25:10 AM

Who can tell me...

No premine, no instamine, no ipo, no ninjamine... WHERE the coins DEV pay for promo, games, bouty, translate topic...?

Where? where? where?

1% pool fee

i guessed :-D haha

Next coin will have merged minnig Cheesy

ans 0% fee ^^

komodovpn

full member

Activity: 154

Merit: 100

Quote from: Zulandio on June 13, 2014, 04:30:36 AM

So really this coin has a 1% premine that we are mining for them... Then they screw people out of hash and say tough shit.. Not fair if you ask me.

let me ask you, how much hash do you have?

Zulandio

full member

Activity: 140

Merit: 100

So really this coin has a 1% premine that we are mining for them... Then they screw people out of hash and say tough shit.. Not fair if you ask me.

Lucif3r

full member

Activity: 180

Merit: 100

Quote from: Amph on June 13, 2014, 03:40:41 AM

Quote from: znakistu on June 13, 2014, 03:37:38 AM

Wtf i can't connect to any pool with my second worker. i have 6 mh per worker. totalling 12 mh? WTF DEVS. are you playing cat and dog?

just use one worker, you should be fine

Quote from: Aleh777 on June 13, 2014, 03:40:28 AM

guys please tell me where to download a wallet?

there isn't any

mmh apparently 2 giga are missed from the pool count, if you sum all the pools hash... how it is possible if no source was given? dev mining with his own farm?

This is serious concern. It's possible that devs limit everyone's hash power so he/they can solo mine with hashrate more than all of us? Hopefully that isn't true

Minerals

member

Activity: 84

Merit: 10

Minerals Dev

Quote from: nigttran on June 13, 2014, 04:25:10 AM

Who can tell me...

No premine, no instamine, no ipo, no ninjamine... WHERE the coins DEV pay for promo, games, bouty, translate topic...?

Where? where? where?

1% pool fee

edit: oh, already been asked

Kenta

sr. member

Activity: 420

Merit: 250

Quote from: hamba on June 13, 2014, 04:17:15 AM

A few points to the dev that he could address:

Do you acknowledge that by deleting workers from pools with only one hour announcement beforehand, besides cutting the big whales which was the purpose, you also damaged a number of small miners which were within the rules but had multiple rigs set to multiple workers?
Will you offer any compensation to damaged parties (those whose workers you cut but were below 50 Mh/s)? You'll have 1% of all the coins and this shouldn't be big deal and looking at the pool logs shouldn't make it too dificult to see who to compensate.
The big whales are going around this limit by opening multiple accounts, renting rigs, etc. How are you planning (if at all) to stop this?
When are the coins going to get of the pool? Do you offer any guarantee or damage compensation if your pool gets hacked and all the coins disappear?
People are concerned that this could be another Wecoin. Again, you control all of the coins and have failed to deliver the promise that it will be possible to withdraw the coins from the pools to exchange (i.e. trusted party) on launch but not trade them until POW is over. If relinquishing control of coins which don't belong to you to trusted third party is not possible, you could come with some other solution like putting some sizeable amount of BTC into trusted escrow and if you fail to deliver your promises, that BTC will be distributed according to balances on your pools (which should be made public - also, then the public could decide if the distribution is fair and should they continue supporting this coin). The amount of BTC put in escrow is up for you to decide and then up to people to decide is it enough.

I can only say that it's a risk to take, but it's up to you if you want to take that risk or not.

There's plenty of other fish in the sea! (and they mine by almost 30% lower load because of the popularity of this)

deathchuck

sr. member

Activity: 294

Merit: 250

Quote from: nigttran on June 13, 2014, 04:25:10 AM

Who can tell me...

No premine, no instamine, no ipo, no ninjamine... WHERE the coins DEV pay for promo, games, bouty, translate topic...?

Where? where? where?

Nobody can answer you, pls ask dev, ask God... =))

XbladeX

legendary

Activity: 1302

Merit: 1002

Quote from: nigttran on June 13, 2014, 04:25:10 AM

Who can tell me...

No premine, no instamine, no ipo, no ninjamine... WHERE the coins DEV pay for promo, games, bouty, translate topic...?

Where? where? where?

>>>>> 1% POOL FEEE <<<<<

For runnig pool for all ^^

nigttran

sr. member

Activity: 435

Merit: 250

Who can tell me...

No premine, no instamine, no ipo, no ninjamine... WHERE the coins DEV pay for promo, games, bouty, translate topic...?

Where? where? where?

CalePrakto

newbie

Activity: 8

Merit: 0

Although I think this coin has added some new interesting ideas, the way it is has been handled by the dev is awful.

I pointed all my six rigs to this coin (4, 2.5, 2.5, 9, 12 and 25 MH/s). As I just woke up, I found that all but 4 MH/s rigs were not working properly. Having checked this thread I found the announcement by the dev that all but 1 worker would be deleted.

So this means I have been heating up my house and office (during summer time) with expensive electricity for nothing in return.

It sucks.

It also means that the dev sucks.

And that I feel like I have been cheated by the dev...

Why the one hour only notice? Sure, I should have had other coins as backups, but I didn't, I just had other Minerals pools as backups because I had decided to go all in on Minerals.

Still, this doesn't mean the coin and the ideas behind all this are bad, just very, very poorly handled by the dev.

You suck.

And just to make things clear, I am writing this not as a pool operator but as a common miner and supporter of the coin.

hero18688

sr. member

Activity: 392

Merit: 250

Mine it or leave it.No more bullshit. Grin

frodo99

newbie

Activity: 28

Merit: 0

Why run away from this ship mouse? Shocked

XbladeX

legendary

Activity: 1302

Merit: 1002

Quote from: DLow on June 13, 2014, 04:14:45 AM

...
And if those megafarm owners can't get rich off this I couldn't care less. Go mine at a multipool or rape some other coin, you would be dumping anyways so who needs you? No one, that's who.

+1 farms owners are getting upset :-( damm

Quote from: hamba on June 13, 2014, 04:17:15 AM

The big whales are going around this limit by opening multiple accounts, renting rigs, etc. How are you planning (if at all) to stop this?

...

IP block can stop some ^^...
Rental rings won't change IP just like that

hamba

newbie

Activity: 26

Merit: 0

A few points to the dev that he could address:

Do you acknowledge that by deleting workers from pools with only one hour announcement beforehand, besides cutting the big whales which was the purpose, you also damaged a number of small miners which were within the rules but had multiple rigs set to multiple workers?
Will you offer any compensation to damaged parties (those whose workers you cut but were below 50 Mh/s)? You'll have 1% of all the coins and this shouldn't be big deal and looking at the pool logs shouldn't make it too dificult to see who to compensate.
The big whales are going around this limit by opening multiple accounts, renting rigs, etc. How are you planning (if at all) to stop this?
When are the coins going to get of the pool? Do you offer any guarantee or damage compensation if your pool gets hacked and all the coins disappear?
People are concerned that this could be another Wecoin. Again, you control all of the coins and have failed to deliver the promise that it will be possible to withdraw the coins from the pools to exchange (i.e. trusted party) on launch but not trade them until POW is over. If relinquishing control of coins which don't belong to you to trusted third party is not possible, you could come with some other solution like putting some sizeable amount of BTC into trusted escrow and if you fail to deliver your promises, that BTC will be distributed according to balances on your pools (which should be made public - also, then the public could decide if the distribution is fair and should they continue supporting this coin). The amount of BTC put in escrow is up for you to decide and then up to people to decide is it enough.

DLow

hero member

Activity: 616

Merit: 500

PepiX

newbie

Activity: 39

Merit: 0

Quote from: hamba on June 13, 2014, 03:30:57 AM

If it wasn't so, and as you're saying it's all the same than what's the point of cutting anything?

Quote from: DRPD on June 13, 2014, 03:46:36 AM

sorry this is nonsens!

if we had enough time we where able to connect all 4 workers with the same worker username and pw.
i had 4 workers last night user.1 user.2 etc. each one with around 8mh/s.
while we where sleeping user.2 user.3 and user.4 where deleted on the pool.
with the new limit we only have to connect all workers with user.1 for example and we got the 4x hashrate on user.1 of course....

the change is not problem only the short announcement

OK.. if you find it to be nonsense.. do the math yourself and tell us.. how much would you earn if the notice was for 8+ hours and how much you earned now (with only the one worker submitting)? You (DRPD) started it by saying you wanted the announcement to have been made at least 8 hours in advance. I told you your earning are pretty much the same.. if you call it nonsens.. do the math and mention here what it says.. you will find it is pretty much the same what I did.

@hamba - I have written in my first post where is the difference.. the distribution.. the difference is only for the big farms.. in this special case depicted by DRPD.. there is pretty much no difference. And for those loosing less workers, it is a Win situation. If he had only two workers.. he would have mined twice the coins compared to the situation where the announcement is made 8 hours in advance. And if he had a single worker.. he would have had nearly 4 times more coins mined.

The net hasrate has dropped 3.5-4 times.. so DRPD is at the break line.. if he had less workers he would have earned more than the case if the announcement was loner. If he had more.. he would loose. Now he is about even.

Topic: [ANN][MIN] Minerals - POS | Developing own anon solution | - page 408. (Read 742176 times)