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Topic: [ANN][SCRYPT-N-R][MEG] Megcoin | No premine | Forked from bitcoin 0.9 | New PoW - page 5. (Read 12320 times)

newbie
Activity: 52
Merit: 0
Is there a module, establish mineral pools
newbie
Activity: 52
Merit: 0
Gpu how to set up, use what software
sr. member
Activity: 276
Merit: 250
really interesting approach  Tongue
sr. member
Activity: 439
Merit: 250
mmmmmm
Megcoin is on CryptExplorer now!

MEG Block Explorer:
http://cryptexplorer.com/chain/Megcoin


Tips appreciated!
MEG: MJFkf2ReURj8TNA5FJeKdPXXSDYh3yYJnS

Thanks! Sent you a tip Smiley
full member
Activity: 193
Merit: 100
Megcoin is on CryptExplorer now!

MEG Block Explorer:
http://cryptexplorer.com/chain/Megcoin


Tips appreciated!
MEG: MJFkf2ReURj8TNA5FJeKdPXXSDYh3yYJnS
sr. member
Activity: 439
Merit: 250
mmmmmm
I've updated the bounty for a GPU miner to 10M for the AMD miner, and 3M for the Nvidia miner. and 2M for a pool to be setup (other than rapidhash)
newbie
Activity: 49
Merit: 0
24 hour passed and I found 22 blocks with core i7 950
I like this coin Smiley
sr. member
Activity: 464
Merit: 252
WTS 100 millions of Megcoin for 0.2 btc for all.
hero member
Activity: 588
Merit: 500
Will Bitcoin Rise Again to $60,000?
Only found one block during the night. Sad
full member
Activity: 182
Merit: 100
full member
Activity: 182
Merit: 100
Quote
also i wonder if someone has a gpu miner already
i don't think. I have myself ~2MHs on NMP pool out of 5, with cpu (~10xeon + 1 [email protected])
sr. member
Activity: 300
Merit: 250
4mnth old Miner :-)
is it too hard to solo now? how doews the nomp pool payout work and where do you see the stats?

at the moment, you could probably get a block or two solo mining in the next few hours. NOMP unfortunately is still very early pool software and doesn't yet have a way of checking your balance. I believe the way the rapidhash pool is setup is it will pay you whenever you collect any amount of coins that become confirmed(so after 120 blocks) and as far as I can tell, there are no fees yet.

thanks, they came in after 2 hrs?

also i wonder if someone has a gpu miner already


Pool            Algo      Workers    Valid Shares    Invalid Shares    Total Blocks    Pending    Confirmed    Orphaned    Hashrate
Megcoin    scrypt    8    13134              99       128    61     65 0                                                               5.19 MH
sr. member
Activity: 439
Merit: 250
mmmmmm
is it too hard to solo now? how doews the nomp pool payout work and where do you see the stats?

at the moment, you could probably get a block or two solo mining in the next few hours. NOMP unfortunately is still very early pool software and doesn't yet have a way of checking your balance. I believe the way the rapidhash pool is setup is it will pay you whenever you collect any amount of coins that become confirmed(so after 120 blocks) and as far as I can tell, there are no fees yet.
sr. member
Activity: 300
Merit: 250
4mnth old Miner :-)
is it too hard to solo now? how doews the nomp pool payout work and where do you see the stats?
sr. member
Activity: 439
Merit: 250
mmmmmm
what's the commandline with cpuminer ?
with cpuminer -a scrypt -o xxxxxxx -u xxxxx -p xxx -t x i only get rejected.

you must use the special fork of cpuminer I made, https://github.com/megcoin/megcpuminer

The command to control how many cores to mine doesn't seem to work, it just uses all cores. ie. "setgenerate true 3" will still do all cores in a quad core cpu.

This reminds me of Scrypt-OG with lower memory requirement, but this in theory seems to be much less than Scrypt-OG.

Yes it's quite similar, but with a unique twist that a few special memory optimizations are wiped out by the R parameter of scrypt not being 1


Also, for all the Windows users out there, i finally compiled megcpuminer for Windows! Get the 64bit build at http://earlz.net/static/megcpuminer_win32.zip
newbie
Activity: 9
Merit: 0
full member
Activity: 182
Merit: 100
what's the commandline with cpuminer ?
with cpuminer -a scrypt -o xxxxxxx -u xxxxx -p xxx -t x i only get rejected.
hero member
Activity: 518
Merit: 500
The command to control how many cores to mine doesn't seem to work, it just uses all cores. ie. "setgenerate true 3" will still do all cores in a quad core cpu.

This reminds me of Scrypt-OG with lower memory requirement, but this in theory seems to be much less than Scrypt-OG.
sr. member
Activity: 439
Merit: 250
mmmmmm
Why the decision to not limit the supply?


Primarily so that the big burst of inflation by coin generation can be overcame as quickly as possible, but without having a doomsday where miners stop getting rewards (and thus stop mining).

But with an infinite supply the prices will be extremely low, so the miners won't mine anyway..

Not necessarily. Bitcoin will have major inflation of it's coin supply for years to come(until 2100 or so), and even though there will always be a small amount of coins added to Megcoin forever, the actual inflation rate is very low after the 2nd year. And I figure that this will be mostly balanced out anyway by coins that are lost or purposefully thrown away



Also, rapidhash.net (a popular dogecoin pool) added a megcoin pool using NOMP Smiley http://coins.rapidhash.net/
newbie
Activity: 14
Merit: 0
A new coin, have a look and support you!
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