[ANN][RIC] Riecoin: constellations POW *CPU* HARD FORK successful, world record - page 235.

dbbit

sr. member

Activity: 322

Merit: 250

Quote from: kuperis on February 15, 2014, 10:37:25 AM

But maybe its good time to BUY more of them ? I'm still buying, 0.002 (poloniex.com)is worth to buy i think, soon we have to see 0.004-0.006 and all cryptos market not gonna crash, we could see and 0.01btc

Wow, the finances for Riecoin just doesn't work, does it. I now have 26 cores on Riecoin, and it only finds about 0.05 Riecoin per hour, which works out to 0.0024 BTC per day.

Those same cores, while mining Yacoin gets around 400 Yacoin per day, or 0.01079 BTC per day.

I'll give it a 24 hour run and see if it improves, but so far things don't look good.

At this point mining Riecoin doesn't even pay for its electricity use. It has to come up to around 0.01btc to be a mining-competitive coin.

glongsword

full member

Activity: 314

Merit: 100

Quote from: mhps on February 15, 2014, 10:51:37 AM

Quote from: kuperis on February 15, 2014, 10:37:25 AM

But maybe its good time to BUY more of them ? I'm still buying, 0.002 (poloniex.com)is worth to buy i think, soon we have to see 0.004-0.006 and all cryptos market not gonna crash, we could see and 0.01btc

The highest XPM got was about 0.016BTC in the second wave after the peak of initial release. I don't think RIC is going to do better than XPM. What does RIC offer that XPM doesn't as a crptocurrency?

You can't compare the price of a single coin between coins with different amounts minted. XPM has an infinite supply, and the block time is a lot shorter. RIC has one of the slowest block times of any recently released coin, and the total reward is limited, so is scarcer. The more appropriate comparison is market cap.

RIC offers a different scientific proof of work. It may be complimentary to XPM, but it's not redundant.

kuperis

sr. member

Activity: 357

Merit: 250

Ok, let sell everyone!

now price is 0.0015, Im gonna wait Below 0.001

antonio8

legendary

Activity: 1400

Merit: 1000

Anyone still using CandyPool? If so is there a way to set the .bat to reconnect?

I keep getting my miner shutting off and don't want to sit here and resatrt it.

mhps

hero member

Activity: 516

Merit: 500

CAT.EX Exchange

Quote from: kuperis on February 15, 2014, 10:37:25 AM

But maybe its good time to BUY more of them ? I'm still buying, 0.002 (poloniex.com)is worth to buy i think, soon we have to see 0.004-0.006 and all cryptos market not gonna crash, we could see and 0.01btc

The highest XPM got was about 0.016BTC in the second wave after the peak of initial release. I don't think RIC is going to do better than XPM. What does RIC offer that XPM doesn't as a crptocurrency?

kuperis

sr. member

Activity: 357

Merit: 250

But maybe its good time to BUY more of them ? I'm still buying, 0.002 (poloniex.com)is worth to buy i think, soon we have to see 0.004-0.006 and all cryptos market not gonna crash, we could see and 0.01btc

mhps

hero member

Activity: 516

Merit: 500

CAT.EX Exchange

Quote from: linolis on February 15, 2014, 10:09:33 AM

Quote from: mhps on February 15, 2014, 10:02:20 AM

I have a Xeon running ypool's xptminer wuth 7 cores for almost an hour now and still haven't found a share. I have 3.3 3ch/s . Is this normal?

Yes it's within range of normal, although with a slight tad of bad luck. My 3770k i7 (8 cores) has been running for almost a full day now, and I am currently getting 1.8 shares/hour (5.3 2ch/s).

The good news is, on ypool, shares last for 40 rounds for Riecoin, so luck averages out. Considering ypool is currently finding 24 blocks/hour, a share will count for nearly 2 hours worth.

Thanks. My Xeon is several years old so it should be slower than an i7. Ypool finds 1400 blocks (70,000 RIC) per day at 12.5 share/s. So 1 share/hour means 70,000/12.5/3600=1.55 RIC/day

That is comparable to XPM two months after launch. Riecoin is hard to mine from the biginning. This is perhaps not good for RIC because people like to be able to get many number of coins (like Doge).

Edit: ypool finds 513 blocks in the last 24 hours at 12.3 share/s now. 1 share/hr amongts to 513*50/12.3/3600 = 0.58 RIC/day Sad

This is not going to be worth it.

linolis

member

Activity: 62

Merit: 10

Quote from: mhps on February 15, 2014, 10:02:20 AM

I have a Xeon running ypool's xptminer wuth 7 cores for almost an hour now and still haven't found a share. I have 3.3 3ch/s . Is this normal?

Yes it's within range of normal, although with a slight tad of bad luck. My 3770k i7 (8 cores) has been running for almost a full day now, and I am currently getting 1.8 shares/hour (5.3 2ch/s).

The good news is, on ypool, shares last for 40 rounds for Riecoin, so luck averages out. Considering ypool is currently finding 24 blocks/hour, a share will count for nearly 2 hours worth.

mhps

hero member

Activity: 516

Merit: 500

CAT.EX Exchange

I have a Xeon running ypool's xptminer wuth 7 cores for almost an hour now and still haven't found a share. I have 3.3 2ch/s . Is this normal?

edit: 2ch/s

trny

newbie

Activity: 48

Merit: 0

Any news on a block explorer site or one with updated information on difficulty/network hashrate (*numbers rate)?

skaffen

full member

Activity: 124

Merit: 100

Quote from: one4many on February 15, 2014, 05:04:37 AM

Quote from: skaffen on February 15, 2014, 04:40:17 AM

It looks like ypool has found 98 out of the last 100 blocks, (they didn't get 4091, 4124). Currently at block 4171. Not very decentralised.

If I was ypool, I would pay Gatra not to release the p2pool software.

Well ... I guess this not how it works ... People (normally) see the good in things. The pool guys might have thought about it, but ethics, education (and even a good parenthood) teaches you the opposite, which in turn is good for society (or community in our case, because we are a 'special' subculture of the society).

I'm not saying that's what they did, I'm sure Gatra has plenty to do. However I think the time has passed that a coin with a new proof of work can be released without also providing some pool code, preferably p2pool, because it's decentralised.

one4many

hero member

Activity: 516

Merit: 500

Quote from: skaffen on February 15, 2014, 04:40:17 AM

It looks like ypool has found 98 out of the last 100 blocks, (they didn't get 4091, 4124). Currently at block 4171. Not very decentralised.

If I was ypool, I would pay Gatra not to release the p2pool software.

Well ... I guess this not how it works ... People (normally) see the good in things. The pool guys might have thought about it, but ethics, education (and even a good parenthood) teaches you the opposite, which in turn is good for society (or community in our case, because we are a 'special' subculture of the society).

skaffen

full member

Activity: 124

Merit: 100

It looks like ypool has found 98 out of the last 100 blocks, (they didn't get 4091, 4124). Currently at block 4171. Not very decentralised.

If I was ypool, I would pay Gatra not to release the p2pool software.

PyroClasTix

newbie

Activity: 56

Merit: 0

Quote from: Shkembe on February 15, 2014, 04:14:39 AM

Is there some fast miner for ypool, faster then xptMiner v1.6?

I don't think there is any at this moment. Someone's probably making one right now though.

Shkembe

legendary

Activity: 1560

Merit: 1001

Epic Private Internet Cash

Is there some fast miner for ypool, faster then xptMiner v1.6?

eastwind_ja

hero member

Activity: 910

Merit: 500

but it's strange , speed should not change as difficulty increases!

one4many

hero member

Activity: 516

Merit: 500

Quote from: eastwind_ja on February 15, 2014, 01:39:18 AM

why the computing speed slow down so quickly, I havn't seen any coin miner like this , just like steal my computing speed! from 90 down to 6, god!

probably because ypool is online now ... same thing happened to XPM at beginning ... as soon as the first pool was up and running solo mining became unprofitable for the small guys (< 100 cores).

baokychen

full member

Activity: 280

Merit: 100

Anyone can help me with no pipe, how do I fix this issue

[1]- Exit 127 nohup xptMiner.exe -o http://ypool.net -u user1.user -p pass
centos@bearbear1:~/xptMiner$
[2]+ Broken pipe

eastwind_ja

hero member

Activity: 910

Merit: 500

why the computing speed slow down so quickly, I havn't seen any coin miner like this , just like steal my computing speed! from 90 down to 6, god!

coinfusion

full member

Activity: 141

Merit: 100

Average time to block went from 400 hours yesterday to 14,000 hours at this moment with the original cpuminer Sad

Topic: [ANN][RIC] Riecoin: constellations POW *CPU* HARD FORK successful, world record - page 235. (Read 685216 times)

Topic: [ANN][RIC] Riecoin: constellations POW CPU HARD FORK successful, world record - page 235. (Read 685216 times)