Topic: CoinChoose - alternative site to show respective profitability of the alt coins - page 57. (Read 150604 times)

Oh.. yea, sorry, but there is no hashrate on coinchoose. I assumed You are on topic.

I am not addressing rewards, but total network hash rate.

You have a broken calc.

diff: 14.03671291

14,03671291/0,000244140625 = 57494,376079
57494,376079^1/6 = 6,212564264
1/6,212564264=0,160964

That calc leads to a block reward of around 0.16 .

power comes before division

just paste it into excel or type it into science calc.

try again

edit:
go: http://web2.0calc.com/
paste: 1/(14.03671291/0.000244140625)^(1/6)
or paste it straight to google
https://www.google.pl/search?q=1%2F(14.03671291%2F0.000244140625)%5E(1%2F6)&oq=1%2F(14.03671291%2F0.000244140625)%5E(1%2F6)&aqs=chrome.0.57j58j0.1001j0&sourceid=chrome&ie=UTF-8

No.

Reward is based on difficulty. It is trivial to calculate, PoS found or not.
PoS blocks are rising the difficulty, so hashrate is hard to determine without eliminating PoS blocks.

 
 

Yes, this page is wrong too. It is NOT official page.

I would be careful about any site that gives network hash rates on any of the POW/POS chains.

The calculations at best are a rough guesstimate as the difficulty difference between POS and POW blocks completely throws the difficulty part of the hash rate formula off. At best (Unless somebody has beat me to implementing a fix     ), one can try and grab an average of POW difficulty over the last 24 hours or more and use that as the difficulty in the hash rate formula.

I have one fix thought out already, but I would rather come up with a different one. However, this fix is pretty much on the top of my list now, so I guess I will implement it on CCE sometime this week.

That calc leads to a block reward of around .61, but I believe it is .16. 

I get it from here - http://bitbar.info/stats/index.php.  Should that be fixed as well?

Hi!!

I see you properly read diff of bitbar, but completely lost block reward.
you can make and easy workaround:

Calculate reward = 1/(diff/0,000244140625)^(1/6) ; and your problems will go forever.
Also, You can set default sort to adjusted diff, because it is awesome!

Thank You for this great site.
 

yay! you rock man!

This is exactly what happened. SOmeone did it for themselves, or got someone to do it for them.

Its goign to keep happening, because there's market advantage to doing this. Idiots believe a 0.5BTC deep market is the proper value of 100,000 ALT, and so they go mine it.

I should look at historical trading info and see how much value was actually recaptured by flashmining a coin for 15 or 20 minutes. I bet it's way godamn lower than people think.  Like 1000x lower. Has to be. You have people doing 100BTC worth of mining over a day or 2 on hype coin, and the market depth is 0.5, that 100BTC never reappears in the form of sold ALT even in the next weeks.
Im not sure how people think thats a proper valuation.

Anyway, two ways to attack this issue, one is to try and dos every secret little valuing site, the other is to code a CC-resistant coin:

https://bitcointalk.org/index.php?topic=230105.new

This is exactly what I mean.  Mine is just the basic info and I am glad to see people developing more sophisticated methods! 

Back up.

Using a sledgehammer to crack a nut, but a broadcast address on BitMessage, based on the little I know of BitMessage, seems like an possible solution to this? I wonder if anyone more knowledgeable about it can comment?

HI,friend!I'm from China ,I use your open source API build a site,you are very great,thanks for you hard work.
This morning I found the my site doesn't work,so i know that your site has broken ,i want to know ,when your site come back?A lots of chinese user send same problem via email ask me .

pump and dump is market manipulation on exchanges, it has almost nothing to do with switching from coin to coin based on profitability.
Miners by definition sell coins, they don't pump (buy) then dump (sell).

If you believe people waited for coinchoose to switch from coin to coin based on profitability you are sorely mistaken.

To give you an example, I only have one command to launch and 3 config files to edit for adding a new coin to my setup.
This includes automatically compiling the coin daemon from the git repository, adding an init script for it and launching it. My setup then distributes the configuration to the rigs needed to solo-mine and adapts to the new coin. It parses the exchanges rates, uses the local daemon to find out the actual mean reward including fees, computes an estimation of the orphan rate and fine-tune it from the rate of orphan my rigs mine. When the data is in it starts to switch rigs to the coin if it is the most profitable for a rig (it uses the sha256d and scrypt efficiency of each rig to make this decision).

I'm even warned when:

• the coin becomes popular enough that solo-mining becomes gambling so that I configure P2Pool for this coin or create a pool account,
  
• the original git repo is updated
• the coin is dying and may be removed from my configuration

I don't use coinchoose anymore (I did briefly as a source for exchange rates but I prefer to develop more elaborate decision algorithms) so if you think DoSing coinchoose will prevent people from switching from coin to coin, it's only true for the less serious miners that don't/can't code a dynamic setup like mine. Linking coinchoose to pump and dump is simply ridiculous.

Yes

All I was doing was presenting the data that also is still out there.What is really concerning is people like you who don't want people to have that information.

People pump and dump on their own (I have nothing to do with what price they sell for)

dude with your stupid service people pump and dump.. what good is that! I am so glad this site is down!

Because some immature little whiny people decide to destroy a free service?  Look, all I present is data.  People who fear data are losers, for lack of a better term.  I am never going to charge anyone and all data is verifiable.

I will look at sweeping the data to Google Docs so it is free