Topic: error - page 33. (Read 360500 times)

G'day again Colin,

Can you see where some of these frustrations are coming from now.

No one here wants to see this coin Die, but we must adapt or perish.

In a way this is your coin, but it is not the Colin coin

It is the Ron Paul coin and his name and values are the reason
that myself and many others are mining and holding this coin.

Democracy is one of my countries greatest fundamentals.

To tell someone that clearly understands the coins problems, to
start his own coin if is he is not happy, is not the inclusiveness that
we need for this coin to succeed, everyone that you or others tell
to go elsewhere is another nail in the RPC coffin.

In my opinion, and only my opinion, and after mining and watching
this coin for a month or so, we do have a problem.

There are many, many, coins for miners to choose from, most other
coins are more financially beneficial options to mine, plus I have not even
earnt the coin that I should by probability have earnt in the last
weeks mining RPC, I put this down to what I posted above, and I try to mine in
several pools at the same time to get a more even payout.

But what is more significant is what these multipools are doing with their
RPC bounty, it is going to the market ASAP and pushing down the
coins price, the only outcome of this is cheaper and cheaper RPCs


I have just seen revolutions posts and I see he/she has a better grasp
of the technical side of this issue than I have, and agree that one official
RPC pool, PPLNS with donations to the coins development would be a step in
the right direction IMO.

What may also be good is if we could put a time frame as well as share rate
in the blocks algorithm, so we dont get blocks under 1minute or over say 5 minutes
but I dont know if this is possible at all

These are just my thoughts, but there will be a point where myself and probably
others just throw their hands up and say enough is enough and go and mine
another coin, even litecoin offers better returns without the ongoing issues


Please do not take the the wrong way, I do really appreciate what you and the
other devs have done, but I cant let it go Unsaid and my interests are only
making the RPC coin and community stronger

cheers

   


 

G'day Colin,

No this isnt just the pool that I am in, it is the
whole RPC Block, here are some figures

Block          Time to block
29941                      2seconds
     42                     30soconds
     43                     22seconds
     44                     19seconds
     45                     11seconds
     46                     13seconds
     47                     11seconds
     48                     18seconds
     49                     25seconds
     50                     36seconds
     51                       4seconds
total time 11 blocks 191seconds or 17seconds a block difficulty 10.16

29952                     12seconds
     53                       7seconds
     54                      90seconds
     55                      12min37s
     56                      29min5s
     57                      7min42
     58                      7min41s
     59                      29min19s
     60                      1min8sec
     61                      37min46sec
     62                      21min14sec
total time 11blocks 2hr25min21sec or 13min and 20sec a block difficulty 11.29
so from just over 3 minutes for 11 blocks to 2 and a half hours for the next 11 blocks



so as you can see we go from a 7second block to a half hour block in 3 blocks


also just recent blocks 30087, 88, 89, 90 took a total of nearly 3 and a half hours
to mine or over 50 minutes a block

So my point is that these very quick 100 or so blocks dont seem to very often
be mined by the online pools, I have checked over the last few cycles

Do we know where these blocks are going too, they in all probability have over
50.1% of pool hash rate, could they be manipulating the system like a parasite
sucking blood from its victim without the victim knowing, it is out there I know
but would it be so difficult to do after all.


I had read somewhere that we were going to go to the modified KGW, so just
assumed that is what we were on, good that you cleared that on up for me


cheers      

          

I understand ctenc. Thanks

We aren't using a modified KGW. We are using a 48 block difficulty calculation with an 11% maximum swing.

Secondly, I don't believe it has gone from under a minute to around 15+ minutes. If the pool you are mining at takes a while to solve a block then it might take a while to get your payout. But on average the RPC network is solving blocks in about 6 minutes presently. I haven't seen that go above 10 minutes in a month, so not sure where you are getting the 15 minute figure from.

And like I said earlier RPC has an 11% maximum swing, so it would be impossible for it to swing so wildly. 1 minute to 15 minutes is a huge swing and I haven't seen that happen since we introduced the new difficulty parameters.

LOL that is genuine "where did my meds run off to?" material.

nice work colinistheman

Lmao. Wow, I think that's the first time someone cussed me out directly. Thanks for your help Turpomann. I needed it.

I have no solid concrete evidence that there is any mining issue. It seems like low hashrate due to low value right now. Please provide exact specifics and not just FUD, but actual proof that there is an issue. This will help a lot

I just bought over 50 RPC at cryptsy too. Might as well take advantage of the good deal while it lasts! I don't forsee it being that cheap forever

I am sure they are busy figuring it out.

So are the devs looking into the mining issues?

The saying that it is darkest just before dawn may be holding
true here at present, I hope so at least

We do need cooler and calmer heads now


Just getting back to my post earlier

We have just seen the difficulty drop to 10
and the pool has now grown to 190MHs, and
surprise surprise, we have just gone through
100 blocks in 1hour 50min and 6seconds.
(blocks 29856 to 29955)
averaging around 1 minute per block

The 104 blocks before the difficulty drop took
over 19 hours to mine or around 11 minutes
a block, and the difficulty was only 11 and 12
and the pool was at most times over 100MHs
(blocks 29751 to 29855)


Of those 100 blocks mined in the hour and fifty
minutes, only four of those blocks went to the
four online pools that I check.


Most of those latest 100 coins will be dumped
onto cryptsy once they have confirmed, driving
down the value of a RPC and thus driving more
long term holders and committed miners away.

The difficulty has now only gone up to 11 and we
still have a 175MH pool, but the blocks have gone
from under a minute to around 15 plus minutes
in the space of a few blocks


Surely this volatility in the block times is not
giving this coin the stability and confidence
the coin desperately needs.

I cant see how this modified KGW is working

Or are we being scammed by some clever algorithm
using a loophole

I am starting to think it could be the later


cheers

Is this just a rough patch or is this more serious?

As we stand now one RPC is worth under .003BTC or about $1.50
The mining pool is now at times under 50MHs

IMO this is not just a rough patch.

I have only been mining for a month or so and switched
all my 2MHs to mining this coin because I admire Ron Paul
and what he stands for.

As a miner it has cost me money, what I have mined from
this coin has not covered even my electricity costs (22ckwh),
but I mine this coin because I believe in this coin and Ron Paul.
(I am holding more than I have just mined)

That being said, I have noticed some very strange going on's
with this coin, you can go for an hour without a block then
get 100 in an hour a few blocks later, and when you check
the pools to see what pools got them, none or very few
of them went to the online pools

Also noticed lately that a pool with 1MH got 10 blocks in a few
hours and then nothing for three days, also noticed that
most of the pools over the last week or so are running at
lower returns than they should be getting according to probability.

So is someone reaming us?

Is it normal for two blocks to be 19seconds apart and then with
the same difficulty and only a few block later and no more total MH's
it took 40minutes to block, and now you cant even stay in the same pool
because the pools freeze up.

There is a problem here, and without miners the coin is dead.

Regarding the coin in general I just want to clarify a few things

Is this correct, we cant use Ron Pauls image on our coin because
of copyright but we can use his name, what the?

Ron Paul still has not given his blessing to the coin but hasn't
poo poo'd it either, he just finds it amusing.

I think the current market cap of the coin at around US$50,000
is a joke to Ron Pauls name and values as well as the values of
most of those long term holders, miners and supporters here.


If we still have not got Ron Pauls blessings and cant use his image
on the coin, then should we still be using his name?

Do we have a plan B, in case Ron doesnt give us his blessing,
perhaps using one of his main values, Liberty, perhaps
The Liberty coin might be apt...... just putting it out there.

Sorry for the long post and rant, I really appreciate what the
developer and team has put it to get us to where we are now
there has been a lot of time and effort put in, but there seems
to be growing frustrations and lack of interest with this coin,
first of all we need miners and to get and keep miners they
have to be looked after with a fair to mine coin as well as a coin
that will at least hold its value, that also applies to those just holding
the coins.

We do need stability and confidence in this coin

But to not evolve.....is to perish!!!


Cheers 

It isn't dead yet. Just going through a rough patch. For some reason people can't log into any pools. Don't know what is up.

might have to quote your post later if you don't mind

you mean the coin is dead

whoever just sold me their 120 coins will probably regret it later 

I have another project that I am obligated to do first due to being offered a bounty; since this project has no bounty, i'll have to put it off a few days.