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Topic: GRAND COIN - 1 GRAND PER BLOCK and SUPER BLOCKS released TODAY 13/07/13 - page 20. (Read 99304 times)

legendary
Activity: 1078
Merit: 1000
how do yu mine this coin?
member
Activity: 65
Merit: 10
Hi,

So Gliss has seen my spreadsheet and added GrandCoin because of the low error, but that's what he PMed me :

Quote
Hey,

Luckycoin uses an ABE block explorer which I believe incorporates the superblocks into the supply count.   If you know of anyone that could host an ABE based block explorer that would be ideal, but I can calculate it based on the blocks for now since the margin of error is slim enough.  It will be up soon.  Thanks!

So if anyone can get an ABE based block explorer, just let the community know, it would be great Smiley
full member
Activity: 147
Merit: 100
I'm mining on http://gdc.nordicminers.eu/ but it seems I'm getting a quarter of what I should get with 4.6MH/s

With a difficulty that varies from ~3.5k to 6.5k, I should get in 24H something like 10k to 20k GDC, but I'm only getting ~5000

Their pool page is totally misleading, showing that I should get ~20k GDC with a ~5k difficulty, when in a few hours of relative stable difficulty (4.5k to 5.5k), I got ~200GDC per hour, instead of 600 to 800.

This is not the only pool which is completely of (and it's not specific to GrandCoin), showing great profitability when in fact it's much worse than mining standard LTC.

Yes, the pool statistics page is off. I wish the page could take the 24h block average into account for basing the values. Instead of just plain calculation "snapshot" diff vs your hashrate. Rest assured though that my pool pays out everything it gains from the blocks. Even a superblock will be split evenly among the current miners, I only get 1% for maintaining the site and it's alot of work Smiley

My tip to you is to figure out if you want to mine the coin for 5k/day. Or check if you get more than 5k/day on another pool, I can't sadly affect the luck of the blocks.

I was just saying the same thing and noticed this post so relocated. When I started mining with 4,000 KH/s, mining calculators and the pool said I would get about 13k coins a day. Two days in I have 9k coins where in theory should have closer to 25k based on calculations. Major dif.
member
Activity: 72
Merit: 10
when i try to mine solo i got this error message
no suitable long-pool found for http://localhost:12378
any one can help on that
i have cgminer 3.7.2
newbie
Activity: 51
Merit: 0
I'm mining on http://gdc.nordicminers.eu/ but it seems I'm getting a quarter of what I should get with 4.6MH/s

With a difficulty that varies from ~3.5k to 6.5k, I should get in 24H something like 10k to 20k GDC, but I'm only getting ~5000

Their pool page is totally misleading, showing that I should get ~20k GDC with a ~5k difficulty, when in a few hours of relative stable difficulty (4.5k to 5.5k), I got ~200GDC per hour, instead of 600 to 800.

This is not the only pool which is completely of (and it's not specific to GrandCoin), showing great profitability when in fact it's much worse than mining standard LTC.

Yes, the pool statistics page is off. I wish the page could take the 24h block average into account for basing the values. Instead of just plain calculation "snapshot" diff vs your hashrate. Rest assured though that my pool pays out everything it gains from the blocks. Even a superblock will be split evenly among the current miners, I only get 1% for maintaining the site and it's alot of work Smiley

My tip to you is to figure out if you want to mine the coin for 5k/day. Or check if you get more than 5k/day on another pool, I can't sadly affect the luck of the blocks.
member
Activity: 65
Merit: 10
Well we just need to figure out how many coins there is of GDC right then it goes on Coinmarketcap?

The cryptsy problems did set GDC back though :/

You cannot calculate it accurately because of the random super blocks, the only thing you can do is use the super blocks coin rewards and put it to an average value. I did that and the worst case scenario error is 0.38% (there is a 0.38% error if everyone who got a super block got it's maximal or minimal value but never in between which is impossible, so the error is less than that). Now Gliss has to decide (if he saw my messages) if this error is acceptable.
full member
Activity: 154
Merit: 100
Veronica <333
Well we just need to figure out how many coins there is of GDC right then it goes on Coinmarketcap?

The cryptsy problems did set GDC back though :/
full member
Activity: 238
Merit: 100
So a temporary solution would be to avoid stratum based pool in favor of p2pools ?
Where do those coins go after a 500 error then ? who "win"/keep" them ?

Also, the fact that all the pools show in the CONTRIBUTOR HASHRATES a totally misleading and false profit (in BTC/day and/or in USD/day) is borderline a blatant lie, even if it's not the pool's owner fault.
Adding a sentence like "real profit are likely 25% to 35% of your simulated profit" would be more honest.

Using p2pool would not solve the issue because from what the stratum developers tell me, the issue is with the grandcoin daemon itself and the way it accepts solved blocks.
member
Activity: 65
Merit: 10
Yeah the problem is that all the people that saw GDC coming on coinmarketcap speculated and when it was refused + Cryptsy problems of course lots of people sold everything Sad
legendary
Activity: 1540
Merit: 1016
Looks like some people lost their hope in this coin
I trust this coin and don't sell my 530k.
legendary
Activity: 1050
Merit: 1007
Live like there is no tomorrow!
Seems like many people are dumping their Grandcoins on Cryptsy. Why? Because they had it paused for a day? Quite stupid to dump your coins right now in my opinion, but be my guest. I will buy many of those current undervalued coins Smiley

BTC is also diving, so probably those things combined. Now is good time hoard undervalued coins! GDC will rise again.

To the moon! Grandcoin will rise to 0.0003 BTC! I won't sell until that!

0.00000413 BTC now.. incredible low. Looks like some people lost their hope in this coin or something. Come on people, buy some. Don't be sad when it's over 0.000008 or something in a day or so Wink.
legendary
Activity: 1316
Merit: 1000
Where do those coins go after a 500 error then ? who "win"/keep" them ?

No where, until the next pool / miner finds solves the block and the submit gets accepted.

If you look at the block history for example on miningpool.co you can often see the block height only moves a small amount for the time, when it should be quite a few times that. eg.

246727    1000    MoranR    265    23:10:08 - 15/12    3,433,037    0    0%    
246711    1000    pust6602    281    22:55:52 - 15/12    283,800    0    0%    

16 blocks in 14 minutes. When just for miningpool.co it should have been around 28 blocks in 14 minutes. Plus other pools so probably around 55 blocks should have been found in that time.
legendary
Activity: 1316
Merit: 1000
Grandcoin is just fucked in general.  No pools are able to get the proper amounts.

http://gdc.dedicatedpool.com/index.php?page=statistics&action=blocks

We have 80% of the total network hash and we're still only getting 30-50% of the blocks.  No ideas dudes.. I've got stratum and mpos guys involved and they are at a loss too.  Got the latest stratum build from 4 hours ago too.

This is the issue:  https://github.com/moopless/stratum-mining-litecoin/issues/48

I have personally spent hours trying to fix stratum to deal with this issue, but have not been successful yet.

The problem occurs when stratum tries to submit a solved block to the Grandcoin client which, when it fails, results in a 500 error from the client. The block does not get submitted and so does not get credited to the pool.

This happens with other POS coins also, but for some reason in my experience GDC seems to get affected worse than other coins by this issue.

The problem is intermittent, but happens more often than not with GDC, and is quite hard to recreate to test solutions on.

I turned the GDC pool off on https://www.miningpool.co for this very reason - as people don't understand the issue and simply decide the pool is scamming them.



Isn't grandcoin a POW coin?

Sorry you are right it is POW - 5 am in the morning, I am getting tired..  Roll Eyes

I do see a very similar problem on some POS coins - may not be related though

I just tried looping the submitblock call in stratum - didn't help..  Huh
full member
Activity: 224
Merit: 100
Seems like many people are dumping their Grandcoins on Cryptsy. Why? Because they had it paused for a day? Quite stupid to dump your coins right now in my opinion, but be my guest. I will buy many of those current undervalued coins Smiley

BTC is also diving, so probably those things combined. Now is good time hoard undervalued coins! GDC will rise again.

To the moon! Grandcoin will rise to 0.0003 BTC! I won't sell until that!
full member
Activity: 238
Merit: 100
Grandcoin is just fucked in general.  No pools are able to get the proper amounts.

http://gdc.dedicatedpool.com/index.php?page=statistics&action=blocks

We have 80% of the total network hash and we're still only getting 30-50% of the blocks.  No ideas dudes.. I've got stratum and mpos guys involved and they are at a loss too.  Got the latest stratum build from 4 hours ago too.

This is the issue:  https://github.com/moopless/stratum-mining-litecoin/issues/48

I have personally spent hours trying to fix stratum to deal with this issue, but have not been successful yet.

The problem occurs when stratum tries to submit a solved block to the Grandcoin client which, when it fails, results in a 500 error from the client. The block does not get submitted and so does not get credited to the pool.

This happens with other POS coins also, but for some reason in my experience GDC seems to get affected worse than other coins by this issue.

The problem is intermittent, but happens more often than not with GDC, and is quite hard to recreate to test solutions on.

I turned the GDC pool off on https://www.miningpool.co for this very reason - as people don't understand the issue and simply decide the pool is scamming them.



Isn't grandcoin a POW coin?
sr. member
Activity: 285
Merit: 251
So a temporary solution would be to avoid stratum based pool in favor of p2pools ?
Where do those coins go after a 500 error then ? who "win"/keep" them ?

Also, the fact that all the pools show in the CONTRIBUTOR HASHRATES a totally misleading and false profit (in BTC/day and/or in USD/day) is borderline a blatant lie, even if it's not the pool's owner fault.
Adding a sentence like "real profit are likely 25% to 35% of your simulated profit" would be more honest.
legendary
Activity: 1316
Merit: 1000
Grandcoin is just fucked in general.  No pools are able to get the proper amounts.

http://gdc.dedicatedpool.com/index.php?page=statistics&action=blocks

We have 80% of the total network hash and we're still only getting 30-50% of the blocks.  No ideas dudes.. I've got stratum and mpos guys involved and they are at a loss too.  Got the latest stratum build from 4 hours ago too.

This is the issue:  https://github.com/moopless/stratum-mining-litecoin/issues/48

I have personally spent hours trying to fix stratum to deal with this issue, but have not been successful yet.

The problem occurs when stratum tries to submit a solved block to the Grandcoin client which, when it fails, results in a 500 error from the client. The block does not get submitted and so does not get credited to the pool.

The problem is intermittent, but happens more often than not with GDC, and is quite hard to recreate to test solutions on.

I turned the GDC pool off on https://www.miningpool.co for this very reason - as people don't understand the issue and simply decide the pool is scamming them.

full member
Activity: 238
Merit: 100
Grandcoin is just fucked in general.  No pools are able to get the proper amounts.

http://gdc.dedicatedpool.com/index.php?page=statistics&action=blocks

We have 80% of the total network hash and we're still only getting 30-50% of the blocks.  No ideas dudes.. I've got stratum and mpos guys involved and they are at a loss too.  Got the latest stratum build from 4 hours ago too.

legendary
Activity: 1540
Merit: 1016
I'm mining on http://gdc.nordicminers.eu/ but it seems I'm getting a quarter of what I should get with 4.6MH/s

With a difficulty that varies from ~3.5k to 6.5k, I should get in 24H something like 10k to 20k GDC, but I'm only getting ~5000

Their pool page is totally misleading, showing that I should get ~20k GDC with a ~5k difficulty, when in a few hours of relative stable difficulty (4.5k to 5.5k), I got ~200GDC per hour, instead of 600 to 800.

This is not the only pool which is completely of (and it's not specific to GrandCoin), showing great profitability when in fact it's much worse than mining standard LTC.
Did you use p2pool.org?
sr. member
Activity: 285
Merit: 251
I'm mining on http://gdc.nordicminers.eu/ but it seems I'm getting a quarter of what I should get with 4.6MH/s

With a difficulty that varies from ~3.5k to 6.5k, I should get in 24H something like 10k to 20k GDC, but I'm only getting ~5000

Their pool page is totally misleading, showing that I should get ~20k GDC with a ~5k difficulty, when in a few hours of relative stable difficulty (4.5k to 5.5k), I got ~200GDC per hour, instead of 600 to 800.

This is not the only pool which is completely of (and it's not specific to GrandCoin), showing great profitability when in fact it's much worse than mining standard LTC.
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