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Topic: [ANN][RIC] Riecoin: constellations POW *CPU* HARD FORK successful, world record - page 247. (Read 685216 times)

sr. member
Activity: 291
Merit: 250
It's interesting to see how the peoples opinion about fairness vary based on weather they found coins or not. I myself was prepared and throw some 300+ CPU cores for 24h on this coin and  the only blocks I've found were 0 value and 1 with 50 which was orphan. So I'm in the camp of the unlucky peoples with 0 coin.
I think I never complained on this forum about fairness of any coin launch or anything but we must agree that there are grounds for the disappointment of those peoples who found no coins. So I can understand that they  want to express their feelings on this forum and I kind of agree with them.
I don't mind that the big sharks get the majority of the coins. I can respect those who has the money and the guts to buy thousands of server and invest in this coin. The problem here that those who don't have enough resources got almost nothing and has little chance to find anything now.
I think this coin will really discourages the "small/middle" powered miners at least in the current form with the current difficulty.
full member
Activity: 168
Merit: 100
So, who is the winner of this coin?
=> Just a handful miner / botnet owner who have extreme capacity (> 500 CPUs) to solve the blocks. The do get the FULL reward, whereas miner with decent CPU capacity have nearly no chance to get somethink. This very unfair situation remains until there is a pool available. Until then, the few miner will squeeze everything out of that coin and this is called something like "INSTAMINING"!

+people who know how to modify/improve miner

Anyway, doesnt seem to be that much interest around this coin due to reasons you listed. Hopefully we get a pool soon so people without thousands of cores can mine this coin also.
member
Activity: 98
Merit: 10
Quote

Alright... And why do you think, that was a fair launch?



Just because it wasnt easy doesnt mean it wasnt fair.  Everyone had equal opportunity to get blocks.  Some just had more resources to go after them with... life tends to work that way.

The diff, while crazy high, was and may still be below the actual target time of 2.5mins.

There were 100's of thousands of CPUs running by the time the reward blocks started and even at 1 block / minute, there werent a whole lot of blocks to go around.

Check back in the thread - there was someone with 4000 CPUs complaining of not getting blocks.

Your complaint is fundamentally the same as complaint that you cant mine BTC with your laptop.

sr. member
Activity: 518
Merit: 250
any way, really fair launch!

Alright... And why do you think, that was a fair launch?



Fair launch:

Since this is a new PoW, it is very hard to define a starting difficulty that avoids instamining. To overcome this and contribute to a fair launch, the first 576 blocks will have no reward and the next 576 will linearly increase and reach the full reward at block 1152, after 4 difficulty adjustments were performed. Besides avoiding instamining, this should allow time for those who want to compile their own clients.
Mining

Okay, so you want to tell us something about a fair launch?

Lets put the facts together:
- The difficulty was insanely high from the start
- There was no mining pool at the beginning
=> People have to solo mine this coin. But because of the extreme difficulty, you can't even solve a block with 50-100 CPUs in reasonable time (~48h).

So, who is the winner of this coin?
=> Just a handful miner / botnet owner who have extreme capacity (> 500 CPUs) to solve the blocks. The do get the FULL reward, whereas miner with decent CPU capacity have nearly no chance to get somethink. This very unfair situation remains until there is a pool available. Until then, the few miner will squeeze everything out of that coin and this is called something like "INSTAMINING"!


This launch was just like on most altcoins a huge fail.
Either the difficulty had to be adjusted so that everyone has the chance to solve some blocks or you had to setup a pool for the launch.

Let there be no misunderstanding: I am not asking that everyone should already mine >1k coins in the first few hours.
But it's just not ok when a few people own almost all coins from the start because they are the only ones who have a decent chance to solve some blocks.

I'm done with this. Pretty sad because I had some hope in this coin because of its innovative algo.

But maybe it's interesting for the other people to know, what you mean with "fair launch".
newbie
Activity: 31
Merit: 0
member
Activity: 98
Merit: 10
any way, really fair launch!
member
Activity: 98
Merit: 10
haha may it's hard to set a pool,but we really need one.
sr. member
Activity: 518
Merit: 250
Fair launch:

Since this is a new PoW, it is very hard to define a starting difficulty that avoids instamining. To overcome this and contribute to a fair launch, the first 576 blocks will have no reward and the next 576 will linearly increase and reach the full reward at block 1152, after 4 difficulty adjustments were performed. Besides avoiding instamining, this should allow time for those who want to compile their own clients.
Mining

Okay, so you want to tell us something about a fair launch?

Lets put the facts together:
- The difficulty was insanely high from the start
- There was no mining pool at the beginning
=> People have to solo mine this coin. But because of the extreme difficulty, you can't even solve a block with 50-100 CPUs in reasonable time (~48h).

So, who is the winner of this coin?
=> Just a handful miner / botnet owner who have extreme capacity (> 500 CPUs) to solve the blocks. The do get the FULL reward, whereas miner with decent CPU capacity have nearly no chance to get somethink. This very unfair situation remains until there is a pool available. Until then, the few miner will squeeze everything out of that coin and this is called something like "INSTAMINING"!


This launch was just like on most altcoins a huge fail.
Either the difficulty had to be adjusted so that everyone has the chance to solve some blocks or you had to setup a pool for the launch.

Let there be no misunderstanding: I am not asking that everyone should already mine >1k coins in the first few hours.
But it's just not ok when a few people own almost all coins from the start because they are the only ones who have a decent chance to solve some blocks.

I'm done with this. Pretty sad because I had some hope in this coin because of its innovative algo.

But maybe it's interesting for the other people to know, what you mean with "fair launch".
sr. member
Activity: 518
Merit: 250
Fair launch:

Since this is a new PoW, it is very hard to define a starting difficulty that avoids instamining. To overcome this and contribute to a fair launch, the first 576 blocks will have no reward and the next 576 will linearly increase and reach the full reward at block 1152, after 4 difficulty adjustments were performed. Besides avoiding instamining, this should allow time for those who want to compile their own clients.
Mining

Okay, so you want to tell us something about a fair launch?

Lets put the facts together:
- The difficulty was insanely high from the start
- There was no mining pool at the beginning
=> People have to solo mine this coin. But because of the extreme difficulty, you can't even solve a block with 50-100 CPUs in reasonable time (~48h).

So, who is the winner of this coin?
=> Just a handful miner / botnet owner who have extreme capacity (> 500 CPUs) to solve the blocks. The do get the FULL reward, whereas miner with decent CPU capacity have nearly no chance to get somethink. This very unfair situation remains until there is a pool available. Until then, the few miner will squeeze everything out of that coin and this is called something like "INSTAMINING"!


This launch was a pure fail.
Either the difficulty had to be adjusted so that everyone has the chance to solve some blocks or you had to setup a pool for the launch.

I'm done with this. Pretty sad because I had some hope in this coin because of its innovative algo.
sr. member
Activity: 616
Merit: 321
oke not like this :  ./rminerd -q -o http://10.10.10.10:28332 -O awallet:apassword -t 8 -i 2097152

but this it would regnize it : ./rminerd -q -o http://10.10.10.10:28332 -O awallet:apassword -t 8 -i2097152
sr. member
Activity: 616
Merit: 321
Current n-1 improvement (already mentioned elsewhere):

Run rminerd with a larger sieve.  12% improvement in going from 1Mb (default) to 2Mb on xeon class machines (i.e with large caches).  For example

Code:
./rminerd -q -o http://10.10.10.10:28332 -O awallet:apassword -t 8 -i 2097152 

Regards,

--
bsunau7

Next n-1 improvement is a small one (1-2% depending on how sieve size used) and was found before I focused on the time critical code:

Replace all

Code:
  if( mpz_probab_prime_p ( bnTarget, MR_TESTS) )

With

Code:
  if( mpz_millerrabin ( bnTarget, MR_TESTS) )

mpz_probab_prime_p is a wrapper around mpz_millerrabin which includes tests for small primes.  The sieve which riecoin uses has already sieved the numbers so no need to double sieve.

I would expect this to make more than a few % points on small memory systems.

Regards,

--
bsunau7

could you compile a windows version pls ?
member
Activity: 114
Merit: 10
Current n-1 improvement (already mentioned elsewhere):

Run rminerd with a larger sieve.  12% improvement in going from 1Mb (default) to 2Mb on xeon class machines (i.e with large caches).  For example

Code:
./rminerd -q -o http://10.10.10.10:28332 -O awallet:apassword -t 8 -i 2097152 

Regards,

--
bsunau7

Next n-1 improvement is a small one (1-2% depending on how sieve size used) and was found before I focused on the time critical code:

Replace all

Code:
  if( mpz_probab_prime_p ( bnTarget, MR_TESTS) )

With

Code:
  if( mpz_millerrabin ( bnTarget, MR_TESTS) )

mpz_probab_prime_p is a wrapper around mpz_millerrabin which includes tests for small primes.  The sieve which riecoin uses has already sieved the numbers so no need to double sieve.

I would expect this to make more than a few % points on small memory systems.

Regards,

--
bsunau7
sr. member
Activity: 331
Merit: 250
sr. member
Activity: 296
Merit: 250
Okay then. Can't beat 'em, then join 'em...

Yeah, seems to me, for new algo coins, miner optimization and mining ("optimine") is the new premine. However, once the word gets around,  and there are no optimized miners published, there will be no buyers for the optimined coins.

No way around this. For all we know, Bitcoin was massively premined early on by someone that coded a GPU miner in private too. Same with LTC


newbie
Activity: 34
Merit: 0
member
Activity: 114
Merit: 10
Current n-1 improvement (already mentioned elsewhere):

Run rminerd with a larger sieve.  12% improvement in going from 1Mb (default) to 2Mb on xeon class machines (i.e with large caches).  For example

Code:
./rminerd -q -o http://10.10.10.10:28332 -O awallet:apassword -t 8 -i 2097152 

Regards,

--
bsunau7
sr. member
Activity: 240
Merit: 250
We need Exchange and Pool... NOW! Smiley
hero member
Activity: 781
Merit: 501
we need a pool!

the big fish will super miner have not mine enough, so pls be patient.... lol  Grin
full member
Activity: 183
Merit: 100
WTB 10 RIC. 1 RIC = 0.0005 BTC.
member
Activity: 98
Merit: 10
we need a pool!
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