I0 Guild - Closed since August - page 10.

jwzguy

hero member

Activity: 868

Merit: 1002

Quote from: smoothie on August 15, 2011, 10:14:58 PM

Quote from: eleuthria on August 15, 2011, 10:07:41 PM

You would be competing with the speed whether the pool was here or not

. If it doesn't go online they'll just solo mine.

I'm not turning BTC Guild's hash power towards I0 Coin, just providing a well established pool frontend/backend for I0 Coin.

Also keep in mind that concentrated hash power has a huge advantage over individual smaller hashing power. So your pool would dominate that entire network. How is that fair? Plus on top of that you are charging your miners 2% of each block which is outrageous at the rate blocks will be mined.

You fail at math.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: eleuthria on August 15, 2011, 10:07:41 PM

You would be competing with the speed whether the pool was here or not

. If it doesn't go online they'll just solo mine.

I'm not turning BTC Guild's hash power towards I0 Coin, just providing a well established pool frontend/backend for I0 Coin.

Also keep in mind that concentrated hash power has a huge advantage over individual smaller hashing power. So your pool would dominate that entire network. How is that fair? Plus on top of that you are charging your miners 2% of each block which is outrageous at the rate blocks will be mined.

coblee

donator

Activity: 1654

Merit: 1287

Creator of Litecoin. Cryptocurrency enthusiast.

The real problem is that the pool will not be announcing blocks fast enough. So it will build up the block chain faster. By the time an individual miner's found block was announced to i0guild, i0guild will probably already have a longer block chain. So it will ignore it and orphan that poor individual miner's block.

I will definitely be joining the i0guild pool initially and see how it goes.

mike85123

full member

Activity: 196

Merit: 100

Quote from: eleuthria on August 15, 2011, 10:07:41 PM

You would be competing with the speed whether the pool was here or not

. If it doesn't go online they'll just solo mine.

I'm not turning BTC Guild's hash power towards I0 Coin, just providing a well established pool frontend/backend for I0 Coin.

You should make an ix pool real quick to snag the bounty for the tier 1 pool... I know nothing about coding, but if you were able to get this one up that quick you can do the same for IX. 10,000 IXC are worth about $300 right now.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: eleuthria on August 15, 2011, 10:07:41 PM

You would be competing with the speed whether the pool was here or not

. If it doesn't go online they'll just solo mine.

I'm not turning BTC Guild's hash power towards I0 Coin, just providing a well established pool frontend/backend for I0 Coin.

And taking a 2% fee off each block mined. Yup that's all.

lol

Trini8ed

sr. member

Activity: 375

Merit: 250

<3 Bitcoins

Quote from: eleuthria on August 15, 2011, 10:07:41 PM

You would be competing with the speed whether the pool was here or not

. If it doesn't go online they'll just solo mine.

I'm not turning BTC Guild's hash power towards I0 Coin, just providing a well established pool frontend/backend for I0 Coin.

And advertising it on the front page to thousands of people...

eleuthria

legendary

Activity: 1750

Merit: 1007

You would be competing with the speed whether the pool was here or not

. If it doesn't go online they'll just solo mine.

I'm not turning BTC Guild's hash power towards I0 Coin, just providing a well established pool frontend/backend for I0 Coin.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: Trini8ed on August 15, 2011, 09:58:50 PM

Quote from: eleuthria on August 15, 2011, 09:56:13 PM

Fixed block value (it was already subtracting the 1.00 fee). Time since last block is updating properly, the calculator script was being rewritten to scale better at the start. The BTC guild script runs once per minute. I changed this one to run once per 10 seconds, which still isn't fast enough.

New script will now run every 5 seconds. We'll still be a bit lagged on block announcements at the very start, but it should catch up shortly after difficulty of 16 (or 64/256, depending on just how fast the pool is when we go live).

You should give use small frys like 15 mins before you connect your HUGE pool we all want a chance to get some i0coins you connecting your giant pool will murder us Cry

+1

coblee

donator

Activity: 1654

Merit: 1287

Creator of Litecoin. Cryptocurrency enthusiast.

Dammit, my confirmed rewards just went from 50 to 0. Stop resetting the network! :p

Trini8ed

sr. member

Activity: 375

Merit: 250

<3 Bitcoins

Quote from: eleuthria on August 15, 2011, 09:56:13 PM

Fixed block value (it was already subtracting the 1.00 fee). Time since last block is updating properly, the calculator script was being rewritten to scale better at the start. The BTC guild script runs once per minute. I changed this one to run once per 10 seconds, which still isn't fast enough.

New script will now run every 5 seconds. We'll still be a bit lagged on block announcements at the very start, but it should catch up shortly after difficulty of 16 (or 64/256, depending on just how fast the pool is when we go live).

You should give use small frys like 15 mins before you connect your HUGE pool we all want a chance to get some i0coins you connecting your giant pool will murder us Cry

eleuthria

legendary

Activity: 1750

Merit: 1007

Fixed block value (it was already subtracting the 1.00 fee). Time since last block is updating properly, the calculator script was being rewritten to scale better at the start. The BTC guild script runs once per minute. I changed this one to run once per 10 seconds, which still isn't fast enough.

New script will now run every 5 seconds. We'll still be a bit lagged on block announcements at the very start, but it should catch up shortly after difficulty of 16 (or 64/256, depending on just how fast the pool is when we go live).

mike85123

full member

Activity: 196

Merit: 100

Also, on the block payout page, it says block value is 47 not 48

mike85123

full member

Activity: 196

Merit: 100

I don't think your 'time since last block found' is updating properly

eleuthria

legendary

Activity: 1750

Merit: 1007

We just put up the newer i0coin build (with the 48 reward/5 minute block difficulty adjustment instead of 10 minute).

A lot of earlier stales were because the block monitoring script isn't built into i0coind the way our bitcoind one works, so I didn't remember to restart it when I restarted things.

However, stales WILL be very high until the difficulty of the network adjusts properly tomorrow. Solo mining will produce similar results (along with massive numbers of orphaned blocks if you solo mine) when this releases tomorrow. There's just no way to avoid stales when round lengths are 10 seconds instead of 10 minutes.

mike85123

full member

Activity: 196

Merit: 100

484 (1156, 70.49%)

Accepted Shares = 484
Stale Shares = 1156
Total Shares = 1640

I did point everything I have at it for about 10 mins.

I think the blocks were just being solved too quickly.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: mike85123 on August 15, 2011, 09:02:15 PM

Are the crazy amount of stales (70% +) from the short rounds?

wow 70%?

mike85123

full member

Activity: 196

Merit: 100

Are the crazy amount of stales (70% +) from the short rounds?

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: eleuthria on August 15, 2011, 08:35:24 PM

Quote from: wannaBhacker on August 15, 2011, 08:33:36 PM

Invalid blocks are crazy and each block is mined in seconds.

I don't know your total involvement with i0 coin, but a suggestion should be made to start the difficulty > 1 or there will be tons of invalids and it would be easy for an attacker or pool with a lot of ghash to take over such a young low difficulty blockchain.

I have 0 involvement with i0coin development. The BTC Guild chatroom lit up over IXCoins and even moreso with I0Coins, so this time I took a few hours to fork our pool code to a separate server for I0Coins.

We single handedly jumped the difficulty from 4 to 16 within a few minutes when I first threw the pool up though, so if it starts at difficulty 1 this will be quite the spectacle to watch.

I suspect that because you were mining with all nodes connected directly is why it went so fast. I suspect that when everyone starts mining there will be many orphans so it may take longer than just a few minutes in a realistic scenario to get from 4 to 16.

Plus im sure the total network hash rate will be larger than btcguild's hash power so that should make the difficulty change a bit slower because of all of the orphans.

eleuthria

legendary

Activity: 1750

Merit: 1007

Quote from: wannaBhacker on August 15, 2011, 08:33:36 PM

Invalid blocks are crazy and each block is mined in seconds.

I don't know your total involvement with i0 coin, but a suggestion should be made to start the difficulty > 1 or there will be tons of invalids and it would be easy for an attacker or pool with a lot of ghash to take over such a young low difficulty blockchain.

I have 0 involvement with i0coin development. The BTC Guild chatroom lit up over IXCoins and even moreso with I0Coins, so this time I took a few hours to fork our pool code to a separate server for I0Coins.

We single handedly jumped the difficulty from 4 to 16 within a few minutes when I first threw the pool up though, so if it starts at difficulty 1 this will be quite the spectacle to watch.

wannaBhacker

member

Activity: 96

Merit: 10

Invalid blocks are crazy and each block is mined in seconds.

I don't know your total involvement with i0 coin, but a suggestion should be made to start the difficulty > 1 or there will be tons of invalids and it would be easy for an attacker or pool with a lot of ghash to take over such a young low difficulty blockchain.

Topic: I0 Guild - Closed since August - page 10. (Read 15853 times)