Topic: BitShares PTS (formerly ProtoShares) Mandatory Upgrade & Snapshot Announcement - page 34. (Read 218428 times)

Actually, they are incredibly cheap considering their value proposition relative to feather coin.

They seem to be priced pretty high without an exchange.

Well  I am glad that the pools are up and running, finally getting some PTS so I think I will go and hook up a few more

Regarding fairness of the mining I can tell you all this:

1) There are at least 3 or 4 'supper clusters' mining this thing, none of which belong to Invictus
2) Our mining hardware was delayed in shipping, we just received the first batch of machines so we were left to mine with about a dozen machines we had around.
3) To supplement our mining we had 100 instances in digital ocean, but because of the high-frequency of finding blocks the machines were too slow to "get up momentum" before being reset by the next block.
4) The client was not built by Invictus, but for Invictus by FreeTrade.   FreeTrade forgot to change the difficulty adjustment period like we requested and it resulted in the need for a hard fork.
5) Our seed nodes had 1000's of connections in the very first hour. 

Connectivity issues in the network were a result of the linux client crashing after the fork, this took out the seed nodes as well until we got it fixed.

Overall I would consider it a lottery where the people who benefited the most were those who could spin up 1000 node clusters.

In my own mining pool I had over 3000 connections.   Now my pool has less than 50% of the hash power thanks to ypool and their faster proof of work.

Anyway, this is not a situation where Invictus was running away with the money supply and *everyone* had equal opportunity to mine.   

I know that one user of my pool has walked away with ~30,000 PTS with 1800 nodes connected at the high.

So, PTS is available to anyone who is willing to invest in the time and effort to mine it or buy it.     

Am I upset that we didn't rake in a large part of the supply?  No.  Because the goal was to decentralize it and that is exactly what happened.   

posted this here, on my google drive order book

http://bit.ly/protoshares

I have posted your sell offer in the order book

https://bitcointalksearch.org/topic/protoshares-bitshares-buysell-order-book-332132

https://docs.google.com/spreadsheet/ccc?key=0AjAYAEsUDop2dFY1Q3VCRk9qb0dsMGJrMXNJalkxaFE

I've been mining on beeeeer for the past day, but switched to ypool this morning. I highly recommend ypool. 

I had the same problem when I was solo mining (though way less often), I recomand using a pool (with a stand alone miner).

Pools I can recomand:

Nr 1: http://ypool.net (I recommend this one)
Nr 2:  http://bitsharestalk.org/index.php?topic=236.0
nr 3: http://54.238.185.113/blocks

I use the latest version of ProtoShares client.
However, very often the client "Freezes".
I check him every hour and when I see that 1 hour "working" on the same block - restart him and it turns out that he needs to be synchronized to make up the missed time. This is very annoying, is there any solution to this problem?

Soo, is it possibel that we got the first botnet mining pts?
Or why would somone get way over 50% of the pool shares?

    Wallet Address                                         Share        Paid
1    PhyWLsmcUFDkQjzurjJjXyVXo4xeWbMsBn         4450        21.70034294"
2    Pgubc6s3HjZqVBd54XC6K8FnpypkzBNWVJ      1422          6.93435677
3    PhzJa31SEgnucYeT7Fziq2bLrLE8SiHkDX            60          0.29258889

How do I run multiple instance on Mac?

Selling 123PTS @ 0,0085 BTC if anyone is interested send me a PM.

how its the performance when its functioning  ?

it looks like an accident, i wouldn't specifically call an insta-mine on this one as the guys even forked it to increase difficulty , with the growing pains of a new algorithm, i'm not sure that the Invivtus crew thought that the popularity would be this high , but its seems to have captured the imagination of people in that viral why , that sometimes occurs, that critical mass of interest, you could say.    

It's going again.

There seems to be a high latency in this P2P network and despite the target of five minutes, the blocks were being found in seconds.  The block height is reportedly 12,829 which means we have gone a month and a half worth of blocks in a week.  Many miners are missing out due to latency issues.  From where I am the client just cannot keep up.   

jh00 is probably working on it.


I asked jh00 if the PTS pool was going to have an issue with XPM pool, he assured me it didn't. Plus all the updates on the site is making it also have issues too. I ended up mining at beeeeer PTS pool or I might go back to solo mining. I like the PTS miner for Ypool that consumes only 512mb on memory per core and is 64-bit.

amazing when they have experience mining primecoin that it dies after a few hours of ProtoShares..

ypool is dead

Linux compilation issue and bitcoind crash has been fixed. Github has been updated by bytemaster. Just fyi to all those who experienced these problems.