[ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto - page 2.

Epiphany

sr. member

Activity: 406

Merit: 250

Quote from: Cannacoin on September 11, 2014, 06:30:00 PM

Quote from: passionsurf on September 11, 2014, 06:28:18 PM

Titan Batch 1 starts shipping next week. Scrypt market is probably going to crash more:
https://www.kncminer.com/news

"Brace for Impact"

The brace is in place and full support (PoS) is right around the corner, prepare for action!

+8

Cannacoin

sr. member

Activity: 404

Merit: 250

RIP Phil 2015

Quote from: passionsurf on September 11, 2014, 06:28:18 PM

Titan Batch 1 starts shipping next week. Scrypt market is probably going to crash more:
https://www.kncminer.com/news

"Brace for Impact"

The brace is in place and full support (PoS) is right around the corner, prepare for action!

passionsurf

hero member

Activity: 546

Merit: 500

Titan Batch 1 starts shipping next week. Scrypt market is probably going to crash more:
https://www.kncminer.com/news

"Brace for Impact"

Cannacoin

sr. member

Activity: 404

Merit: 250

RIP Phil 2015

Good news SolarCoin community!

All 3 (Mac, Windows, Linux) clients for the 310,000 hardfork are now completed, tested and handed over to the SolarCoin team. Expect updates and downloads coming soon!

Epiphany

sr. member

Activity: 406

Merit: 250

Quote from: LuckyKey on September 11, 2014, 07:31:48 AM

Quote from: LuckyKey on September 11, 2014, 07:19:56 AM

Single digit difficulty again Grin

That didn't last long!

It never does! I wasted some BTC the other day trying to mine, it was pointless... I'll try again closer to 310,000 so the KGW can protect us from these spike shenanigans.

LuckyKey

sr. member

Activity: 368

Merit: 250

Quote from: LuckyKey on September 11, 2014, 07:19:56 AM

Single digit difficulty again Grin

That didn't last long!

LuckyKey

sr. member

Activity: 368

Merit: 250

Single digit difficulty again Grin

passionsurf

hero member

Activity: 546

Merit: 500

Quote from: terciops on September 10, 2014, 02:08:40 PM

Quote from: vipgelsi on September 10, 2014, 08:15:18 AM

Quote from: freebird on September 09, 2014, 12:07:57 PM

Quote from: vipgelsi on September 09, 2014, 11:21:38 AM

Block 310,000 hurry up! Cry

Wasnt it supose to pos this week?

Block times are running much slower than 1 per minute. It seems that the high difficulties recently are slowing down the block times. The fork is scheduled for block 310,000, whenever that is reached.

Reminder: This fork is only for a block reward reduction and implementation of KGW. The PoS fork will happen a few weeks after that. It's a two-phase process.

Step back one logic unit. It is the low hash rates during high difficulties that are slowing down the block / confirmation times. The reason is - that some miners are hopping into SLR when the Diff is low, mining out the 15 blocks and moving on. Leaving the low base line hash to mop up 15 blocks at relatively high diffs. They then return when the yo - yos..... Rinse and repeat.

The 15 block change has mitigated this to a large degree, but it is still possible and quite profitable to use this MO. I wrote a simple program to do this using WestHash a few days back and allowed the software to change between 0.05GH/s and 1GH/s to use the method above. Very easy to do and profitable compared with using a steady hash rate.

However this behavior is very disruptive on the block chain, so I stopped after running for an hour to prove the numbers. It happens on most coins, even BTC, but the Net hash rate is so large that individual behaviour like this is absorbed and hard to spot. At first blush this activity seems selfish and rather pointless. However miners are always trying to improve their ROI and anything goes if it works.

What we are seeing now is just this activity from a number of miners and there is really no practical way of stopping it using the diff algorithm we have. After the fork, this should all go away as unless there is another way to game the system, there will be no point.

6 more days...

terciops

member

Activity: 74

Merit: 10

Quote from: vipgelsi on September 10, 2014, 08:15:18 AM

Quote from: freebird on September 09, 2014, 12:07:57 PM

Quote from: vipgelsi on September 09, 2014, 11:21:38 AM

Block 310,000 hurry up! Cry

Wasnt it supose to pos this week?

Block times are running much slower than 1 per minute. It seems that the high difficulties recently are slowing down the block times. The fork is scheduled for block 310,000, whenever that is reached.

Reminder: This fork is only for a block reward reduction and implementation of KGW. The PoS fork will happen a few weeks after that. It's a two-phase process.

Step back one logic unit. It is the low hash rates during high difficulties that are slowing down the block / confirmation times. The reason is - that some miners are hopping into SLR when the Diff is low, mining out the 15 blocks and moving on. Leaving the low base line hash to mop up 15 blocks at relatively high diffs. They then return when the yo - yos..... Rinse and repeat.

The 15 block change has mitigated this to a large degree, but it is still possible and quite profitable to use this MO. I wrote a simple program to do this using WestHash a few days back and allowed the software to change between 0.05GH/s and 1GH/s to use the method above. Very easy to do and profitable compared with using a steady hash rate.

However this behavior is very disruptive on the block chain, so I stopped after running for an hour to prove the numbers. It happens on most coins, even BTC, but the Net hash rate is so large that individual behaviour like this is absorbed and hard to spot. At first blush this activity seems selfish and rather pointless. However miners are always trying to improve their ROI and anything goes if it works.

What we are seeing now is just this activity from a number of miners and there is really no practical way of stopping it using the diff algorithm we have. After the fork, this should all go away as unless there is another way to game the system, there will be no point.

vipgelsi

legendary

Activity: 1736

Merit: 1001

Quote from: freebird on September 09, 2014, 12:07:57 PM

Quote from: vipgelsi on September 09, 2014, 11:21:38 AM

Block 310,000 hurry up! Cry

Wasnt it supose to pos this week?

Block times are running much slower than 1 per minute. It seems that the high difficulties recently are slowing down the block times. The fork is scheduled for block 310,000, whenever that is reached.

Reminder: This fork is only for a block reward reduction and implementation of KGW. The PoS fork will happen a few weeks after that. It's a two-phase process.

Thanks for update.

corather

legendary

Activity: 1708

Merit: 1000

Solarcoin.org

Quote from: Cannacoin on September 09, 2014, 11:16:07 PM

Linux & Windows wallets are compiled and handed over to the SolarCoin team, hardforks are still scheduled for block height 310,000. I am currently working on a Mac build which should be out any time soon... Here are some screen shots below of the build and it's progress, we're working on a production ready distribution with all dependencies included, shouldn't be too much longer.

About:

Debug window:

As always, it is a pleasure to help support and contribute to the SolarCoin community.

- SubCreative
Tips are welcome! 8Q55kAuXekdrXH7BZbMKiVCuwksosiLxpD

I will be sending a donation as soon as I get my main hard drive running again. Ran into some annoying fragmentation issues. As soon as I'm back 100% I'll toss you a few coins.

freebird

sr. member

Activity: 414

Merit: 250

Freedom through Cryptocurrency!

Quote from: DianaLime on September 09, 2014, 11:40:01 PM

is this like a solar power coin?

SolarCoin is the only cryptocurrency that's designed to provide the money supply primarily to solar electricity generators. If you generate solar power, you are eligible to claim SLR as a reward. SolarCoin is currently mineable but the mining phase will end when we switch to Proof-of-Stake in a month or two. And in only a week or two, at block 310,000, a countdown to PoS will begin with the mining reward falling every day. Soon, the only way to get SLR will be to generate solar energy or buy SLR and stake your wallet. So, mine 'em while you can, and buy 'em while they're cheap. Grin

sylph93

hero member

Activity: 546

Merit: 500

Quote from: Cannacoin on September 09, 2014, 11:16:07 PM

Linux & Windows wallets are compiled and handed over to the SolarCoin team, hardforks are still scheduled for block height 310,000. I am currently working on a Mac build which should be out any time soon... Here are some screen shots below of the build and it's progress, we're working on a production ready distribution with all dependencies included, shouldn't be too much longer.

About:

Debug window:

As always, it is a pleasure to help support and contribute to the SolarCoin community.

- SubCreative
Tips are welcome! 8Q55kAuXekdrXH7BZbMKiVCuwksosiLxpD

I use Mac OSX. I can be a beta tester for new wallet. PM me with link. Cheesy

freebird

sr. member

Activity: 414

Merit: 250

Freedom through Cryptocurrency!

Quote from: Cannacoin on September 09, 2014, 11:16:07 PM

Linux & Windows wallets are compiled and handed over to the SolarCoin team, hardforks are still scheduled for block height 310,000. I am currently working on a Mac build which should be out any time soon... Here are some screen shots below of the build and it's progress, we're working on a production ready distribution with all dependencies included, shouldn't be too much longer.

Thank you for the update!

DianaLime

newbie

Activity: 52

Merit: 0

is this like a solar power coin?

Cannacoin

sr. member

Activity: 404

Merit: 250

RIP Phil 2015

Linux & Windows wallets are compiled and handed over to the SolarCoin team, hardforks are still scheduled for block height 310,000. I am currently working on a Mac build which should be out any time soon... Here are some screen shots below of the build and it's progress, we're working on a production ready distribution with all dependencies included, shouldn't be too much longer.

About:

Debug window:

As always, it is a pleasure to help support and contribute to the SolarCoin community.

- SubCreative
Tips are welcome! 8Q55kAuXekdrXH7BZbMKiVCuwksosiLxpD

sylph93

hero member

Activity: 546

Merit: 500

Quote from: freebird on September 09, 2014, 04:52:52 PM

Anyone who would like to see the code for the block reward reduction (fork #1) can review it here:
https://github.com/solarcoin/solarcoin/tree/reward-reduction

Thanks for your support on Solarcoin.

freebird

sr. member

Activity: 414

Merit: 250

Freedom through Cryptocurrency!

Anyone who would like to see the code for the block reward reduction (fork #1) can review it here:
https://github.com/solarcoin/solarcoin/tree/reward-reduction

freebird

sr. member

Activity: 414

Merit: 250

Freedom through Cryptocurrency!

Quote from: passionsurf on September 09, 2014, 04:36:38 PM

Quote from: freebird on September 09, 2014, 12:07:57 PM

Quote from: vipgelsi on September 09, 2014, 11:21:38 AM

Block 310,000 hurry up! Cry

Wasnt it supose to pos this week?

Block times are running much slower than 1 per minute. It seems that the high difficulties recently are slowing down the block times. The fork is scheduled for block 310,000, whenever that is reached.

Reminder: This fork is only for a block reward reduction and implementation of KGW. The PoS fork will happen a few weeks after that. It's a two-phase process.

So at this point are there two programmers involved? One working on the first fork, and the other working on the PoS fork?

No, we hired the Cannacoin dev team to do both.

passionsurf

hero member

Activity: 546

Merit: 500

Quote from: freebird on September 09, 2014, 12:07:57 PM

Quote from: vipgelsi on September 09, 2014, 11:21:38 AM

Block 310,000 hurry up! Cry

Wasnt it supose to pos this week?

Block times are running much slower than 1 per minute. It seems that the high difficulties recently are slowing down the block times. The fork is scheduled for block 310,000, whenever that is reached.

Reminder: This fork is only for a block reward reduction and implementation of KGW. The PoS fork will happen a few weeks after that. It's a two-phase process.

So at this point are there two programmers involved? One working on the first fork, and the other working on the PoS fork?

Topic: [ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto - page 2. (Read 138368 times)