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Topic: [ANN][RIC] Riecoin: constellations POW *CPU* HARD FORK successful, world record - page 60. (Read 685265 times)

full member
Activity: 255
Merit: 102
uBlock.it Admin
There are three pools with 0% fee. Indeed... RiePool is the only one who does not even have any fees on outgoing transactions.

How is uBlock more profitable than other pools?

Also, i remember xptMiner 2.2, the most powerful mining available today; and where does this work?  Wink

Anyway, I think it would be positive for the stability of the coin that those who solo mining (over 80% of the blocks) would drift some power into the 3 pools, to help even those who have minor mining opportunities.


I've been running a test for the last day or so with two identical laptops.
I will provide an additional update at the end of the week and will be incorporating different CPU's to ensure an accurate comparison.
I encourage anyone to replicate this test between pools and see for themselves.

Machine specs:
Intel(R) Core(TM) i7-4710HQ CPU @ 2.50GHz 8GB DDR3

Machine connected to Riepool using "xptMiner2"

Valid shares: 2180
Earnings: 2.5 RIC

Machine connected to uBlock using Dave Anderson's miner

Valid shares: 1843
Earnings: 9.3 RIC

Even with higher hashrate of "xptMiner2" as indicated by the increased share rate over dave anderson's miner, uBlock is still 50%+ more profitable.

uBlock offers higher payout per share because botnet miners cannot participate in block withholding attacks and other forms of selfish mining on the pool.

Again, I encourage anyone to run a week long test against the two pools and see for themselves.
The only way Riepool's profitability can improve is if large botnet miners are removed from the pool.



I've been running a test for the last day or so with two identical laptops.
.....
First of all, one week is not a satisfying time to make valid conclusions as the oscillations of hashrates can be marked.

Secondly, you must necessarily keep in mind how many blocks solve the pool in the time frame taken into the calculation.

.....
miners can participate in block withholding attacks and other forms of selfish mining on the pool.
.....
But what does it mean for a user to waste computing power on a pool without helping all its users in block resolution?

We also tested uBlock... sorry that the tests were continually interrupted by disconnections to stratum servers or inexplicably blocked accounts issues! Be careful!

And then why keep a private pool?

Finally... some clarification on XpoolX? Did you also do the tests or do you take it with us personally ??

Alright, We'll keep the test going for one month. I feel that one week is enough but whatever., We will also include any superblocks solved since that's potential profit on this network.

You must be unfamiliar with selfish mining. Please educate yourself here, specifically chapter 6 https://bitcoil.co.il/pool_analysis.pdf

Thanks for pointing out that you were repeatedly banned from uBlock stratum servers. Not sure why you needed to try so hard and use so many random sketchy VPS servers and proxies. If you don't want to get banned then at least try and look like a average miner.  Roll Eyes

The pool is private to reduce administrative overhead in ensuring that botnet miners are not mining on the pool. We open up registrations from time to time, but some individual likes to create hundreds of accounts and launch sabotage/ block withholding attacks against the pool, I wonder who it could be Huh

We have tested against xpoolx and it's also not very profitable either but xpoolx doesn't claim to be the fastest at anything. I mainly take issue because Riepool refuses to ban botnets. Xpoolx probably doesn't care because RIC is tiny compared to their XMR pool.

We don't need to get into a pissing contest over this, I simply wanted to provide data to back up my statement that uBlock is the most profitable Riecoin pool. I encourage anyone else to test and publish their results. We will publish our results after one month has passed. You can go on hand waving all you want but you'll have to publish some data to solidify your case.





For Accounts: We created 3 accounts on ublock over 10 days and contacted support for 2 of them, asking why our accounts had been blocked for a potential botnet use!
That's not true as the test system was a simple i7-4790 and...

...The answer??? Never arrived .... so...... this is serious!


We normally don't grace the botnet users with any emails as to why their account was banned. We have sent email on a single occasion because we were unsure whether they were a botnet or not, telling them to contact support if they believe their account was closed in error.

I can't seem to find any of these emails you speak of.  Shocked
You should post them here, headers and all
hero member
Activity: 746
Merit: 500


ok, so, not useful to speed up the synchronization of the wallet....

too bad! I was hoping about it LOL!

Thanks anyway for sharing... probably useful for others

It does speed up the synchronization, your wallet will just start from the latest block in the database. It will probably take about 5 min to sync if you import the database from the torrent. You simply delete the Data & Chainstate folders in your current data directory, likely located in C:\Users\username\AppData\Roaming\Riecoin, and replace them with the folders from the torrent.

so, now, the issue for me is that I have no clue how to use this stuff from the torent.. never use torent.
Yep, possibly weird... but this is my reality.... never need it, never use it LOL!

can you guide on how to proceed?
full member
Activity: 255
Merit: 102
uBlock.it Admin
Registrations reopened at uBlock.it!

https://ublock.it/index.php?page=register

uBlock.it is a Private Riecoin pool.

Give us a try and see why uBlock is the most profitable Riecoin Pool!


member
Activity: 124
Merit: 10
It looks like btc38 has stopped their ric exchange. They will close completely ... http://www.btc38.com/news/2017/9/15418.html ...

yes, it is poloniex's time now.


1$ - is it a real price?

1$ ? where is this price from?

 - is it real target for price? ... 1 bucks)))

I think there are many guys that want it happen
hero member
Activity: 626
Merit: 504
Greetings All,

On Nov. 1 I plan on disabling my services (jswallet, block explorers) that require an active node. Please make arrangements. All of my services give you access to your private key that you can import into your own nodes. However, the Copay Beta may be tricky if you don't have a programming background.

Kind Regards,

I am wondering what will be the impact on RIC project, dev and network.

May we have an update on the current situation of the project and what is the future?

RIC still active on Poloniex.... hope it will stick there

Probably not much impact, I don't think my services were widely used for RIC.
hero member
Activity: 746
Merit: 500
Greetings All,

On Nov. 1 I plan on disabling my services (jswallet, block explorers) that require an active node. Please make arrangements. All of my services give you access to your private key that you can import into your own nodes. However, the Copay Beta may be tricky if you don't have a programming background.

Kind Regards,

I am wondering what will be the impact on RIC project, dev and network.

May we have an update on the current situation of the project and what is the future?

RIC still active on Poloniex.... hope it will stick there
hero member
Activity: 626
Merit: 504
Greetings All,

On Nov. 1 I plan on disabling my services (jswallet, block explorers) that require an active node. Please make arrangements. All of my services give you access to your private key that you can import into your own nodes. However, the Copay Beta may be tricky if you don't have a programming background.

Kind Regards,
sr. member
Activity: 1064
Merit: 300
It looks like btc38 has stopped their ric exchange. They will close completely ... http://www.btc38.com/news/2017/9/15418.html ...

yes, it is poloniex's time now.


1$ - is it a real price?

1$ ? where is this price from?

 - is it real target for price? ... 1 bucks)))
member
Activity: 124
Merit: 10
It looks like btc38 has stopped their ric exchange. They will close completely ... http://www.btc38.com/news/2017/9/15418.html ...

yes, it is poloniex's time now.


1$ - is it a real price?

1$ ? where is this price from?
sr. member
Activity: 1064
Merit: 300
It looks like btc38 has stopped their ric exchange. They will close completely ... http://www.btc38.com/news/2017/9/15418.html ...

yes, it is poloniex's time now.


1$ - is it a real price?
member
Activity: 124
Merit: 10
It looks like btc38 has stopped their ric exchange. They will close completely ... http://www.btc38.com/news/2017/9/15418.html ...

yes, it is poloniex's time now.
newbie
Activity: 2
Merit: 0
newbie
Activity: 2
Merit: 0
It looks like btc38 has stopped their ric exchange. They will close completely ... http://www.btc38.com/news/2017/9/15418.html ...
sr. member
Activity: 1064
Merit: 300
Wow... Price loocking Gooooood...

Any News ?  ...or Polo just pump it?))))
full member
Activity: 255
Merit: 102
uBlock.it Admin


ok, so, not useful to speed up the synchronization of the wallet....

too bad! I was hoping about it LOL!

Thanks anyway for sharing... probably useful for others

It does speed up the synchronization, your wallet will just start from the latest block in the database. It will probably take about 5 min to sync if you import the database from the torrent. You simply delete the Data & Chainstate folders in your current data directory, likely located in C:\Users\username\AppData\Roaming\Riecoin, and replace them with the folders from the torrent.
hero member
Activity: 746
Merit: 500
Is there a desktop wallet available for Riecoin?

I never took time to investigate how to get my RIC out of exchange.

As the price is low, would be a good time to accumulate some and
wait for the next up ;-)

Windows
https://sourceforge.net/projects/riecoin/

Source
https://github.com/riecoin/riecoin

Chainstate for the impatient
magnet:?xt=urn:btih:87DEB550246D2BDFD9B010098FC053C11D4A3639

thanks for sharing, I am glad there is one.

Hope I will be able to install it and sync without issue ;-)
In fact, the last link, which should be for a bootstrap, does not seem to work.

How to use this link please?

It's a magnet link for a torrent. It's not a bootstrap either, it's the full chain.

ok, so, not useful to speed up the synchronization of the wallet....

too bad! I was hoping about it LOL!

Thanks anyway for sharing... probably useful for others
full member
Activity: 255
Merit: 102
uBlock.it Admin
Hello, could anyone tell if Riecoin Dev is active? I searched the forums on the site and they are all outdated and some do not work! Why do the Chinese have interest in Riecoin if she's been asleep for years?

Dev was around a few weeks ago working with Poloniex support. I hear dev is also busy working on 0.14.1 node release. Smiley

Riecoin's primary function is mining, finding large prime constellations. It's likely popular in China due to it's mining profitability. Thanks to the miners and pool operators for keeping the network running smoothly.
sr. member
Activity: 1149
Merit: 347
Hello, could anyone tell if Riecoin Dev is active? I searched the forums on the site and they are all outdated and some do not work! Why do the Chinese have interest in Riecoin if she's been asleep for years?
full member
Activity: 255
Merit: 102
uBlock.it Admin
Is there a desktop wallet available for Riecoin?

I never took time to investigate how to get my RIC out of exchange.

As the price is low, would be a good time to accumulate some and
wait for the next up ;-)

Windows
https://sourceforge.net/projects/riecoin/

Source
https://github.com/riecoin/riecoin

Chainstate for the impatient
magnet:?xt=urn:btih:87DEB550246D2BDFD9B010098FC053C11D4A3639

thanks for sharing, I am glad there is one.

Hope I will be able to install it and sync without issue ;-)
In fact, the last link, which should be for a bootstrap, does not seem to work.

How to use this link please?

It's a magnet link for a torrent. It's not a bootstrap either, it's the full chain.
hero member
Activity: 746
Merit: 500
Is there a desktop wallet available for Riecoin?

I never took time to investigate how to get my RIC out of exchange.

As the price is low, would be a good time to accumulate some and
wait for the next up ;-)

Windows
https://sourceforge.net/projects/riecoin/

Source
https://github.com/riecoin/riecoin

Chainstate for the impatient
magnet:?xt=urn:btih:87DEB550246D2BDFD9B010098FC053C11D4A3639

thanks for sharing, I am glad there is one.

Hope I will be able to install it and sync without issue ;-)
In fact, the last link, which should be for a bootstrap, does not seem to work.

How to use this link please?
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