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Topic: [LOGIC] Logicoin | Decentralized Anonymous Smart Contracts | Blockchain Tech - page 35. (Read 117214 times)

full member
Activity: 126
Merit: 100
How to solo mine on a GPU

First you'll want to download and unzip sgminer from https://mega.co.nz/#!2JYXHDpD!OOiFOdsh5rnvk1zhz5niXENNzbgnw1UXwmFcicBzevI

Then you need to make sure that you've copied the logicoin.conf into your appdata/roaming/logicoin directory.

Once you've done that you should open notepad and paste the following into it.

Hi,

Solomining probably isn't feasible right now. The above steps are correct but the chances of you finding a block are pretty slim. You would be much better off joining a pool.
full member
Activity: 126
Merit: 100



We have a Winner for the 500 LGC Promotion I have emailed the winner and will send the coins when I get confirmation of the LGC Address!
hero member
Activity: 750
Merit: 500
Soon this coin will be very profitable

Thought you gave up on lgc a few pages back? Know something we don't?

Difficulty is 88 :/
hero member
Activity: 616
Merit: 500
Soon this coin will be very profitable
legendary
Activity: 1105
Merit: 1000
What is up with BCP? This coin is probably the most unprofitable of any crypto right now. It's downright comical.
newbie
Activity: 56
Merit: 0
I had to remove one of the entry's due to the request of the creator, so some of you may need to recast your vote the removed submission was #7.
hero member
Activity: 750
Merit: 500
http://lgc.mine-coin.de
need some more miners power.

please spread the hashing power. BlackCoin Pool has 73% of the network

http://chainz.cryptoid.info/lgc/#!extraction

blackcoin pool is a multipool...I wonder if they've updated there stats to reflect the change in reward?

I do not think so. The difficulty is the same, but the block reward is half. I think blackcoin pool will leave soon if it is chases the most profitable coin.

yeah thats what I was thinking. If it goes unnoticed then the miners on blackcoinpool will only get half the bc they were meant too. Would be funny.
hero member
Activity: 896
Merit: 1000
http://lgc.mine-coin.de
need some more miners power.

please spread the hashing power. BlackCoin Pool has 73% of the network

http://chainz.cryptoid.info/lgc/#!extraction

blackcoin pool is a multipool...I wonder if they've updated there stats to reflect the change in reward?

I do not think so. The difficulty is the same, but the block reward is half. I think blackcoin pool will leave soon if it is chases the most profitable coin.
hero member
Activity: 750
Merit: 500
http://lgc.mine-coin.de
need some more miners power.

please spread the hashing power. BlackCoin Pool has 73% of the network

http://chainz.cryptoid.info/lgc/#!extraction

blackcoin pool is a multipool...I wonder if they've updated there stats to reflect the change in reward?
full member
Activity: 140
Merit: 100
http://mine-coin.de
http://lgc.mine-coin.de
need some more miners power.

please spread the hashing power. BlackCoin Pool has 73% of the network

http://chainz.cryptoid.info/lgc/#!extraction
full member
Activity: 126
Merit: 100
Block Reward halved successfully! We are now on 25 LGC Per Block!
full member
Activity: 126
Merit: 100
hero member
Activity: 750
Merit: 500
so we chomped through a multipool's sell order and price still remained somewhat steady? Where is the problem? this seems to be one of the only x11 coins worth a damn if you don't like pos...not surprising that its one of the more profitable x11 coins to mine.

how good is peter dinklage though?

legendary
Activity: 1105
Merit: 1000
Love this Blackcoinpool timing, right before the reward halving. Profitability is rather funny now. Not sure how we can be the most profitable X11 coin with them doubling the difficulty, but whatever; I await with my buy orders on Poloniex.
full member
Activity: 126
Merit: 100
Prices of LGC is about to drop because of the blackcoinpool!
most likely they will dump everything to pay out their users. damn....

They still have more than 23k LGC, and they're making up more than 70% of the LGC hashrate, so they'll dump again soonish.

Best protection would probably be a new custom hashing algorithm, rather than halving: just throw in an extra stage of anything in the PoW hash, that'll be enough to not be vanilla X11, and enough to prevent inclusion in multipools. On the downside, it'll also require custom miners & stratum.

That said, with more than 400k LGC on sale at poloniEx, there is quite some pressure anyway.

How come I'm still seeing 50 block reward. shouldn't it be 25 now? halving didn't happen?

We're close, but not there yet. Block 43200 is last 50 coin block. We're at 42891 as of a few seconds ago.

Yep 185 blocks to go as of writing. A little over 3 hours from now!

legendary
Activity: 1736
Merit: 1000
Admin of CoinMiners Pools
lgc.altmine.net p2pool

* Dedicated servers in Europe with 1 Gbit/s connection and DDoS protection.
* No user account required.
* Instant payouts when blocks are found.
* 0.75% fee.

Update your p2pools before block 43200. I have fixed an error.

Thanks dstorm http://scorp-p2pool.tk:8652/ has been updated.
hero member
Activity: 896
Merit: 1000
Prices of LGC is about to drop because of the blackcoinpool!
most likely they will dump everything to pay out their users. damn....

They still have more than 23k LGC, and they're making up more than 70% of the LGC hashrate, so they'll dump again soonish.

Best protection would probably be a new custom hashing algorithm, rather than halving: just throw in an extra stage of anything in the PoW hash, that'll be enough to not be vanilla X11, and enough to prevent inclusion in multipools. On the downside, it'll also require custom miners & stratum.

That said, with more than 400k LGC on sale at poloniEx, there is quite some pressure anyway.

The reason why multipool is with us is that we are the most profitable coin. The more hash rate we have, the more protection we have against 51% attack.

The extra hash will also drive up the difficulty and make the dump at lower price less likely. That is a different way of looking at the effect of multipool.
sr. member
Activity: 280
Merit: 250
Prices of LGC is about to drop because of the blackcoinpool!
most likely they will dump everything to pay out their users. damn....

They still have more than 23k LGC, and they're making up more than 70% of the LGC hashrate, so they'll dump again soonish.

Best protection would probably be a new custom hashing algorithm, rather than halving: just throw in an extra stage of anything in the PoW hash, that'll be enough to not be vanilla X11, and enough to prevent inclusion in multipools. On the downside, it'll also require custom miners & stratum.

That said, with more than 400k LGC on sale at poloniEx, there is quite some pressure anyway.

How come I'm still seeing 50 block reward. shouldn't it be 25 now? halving didn't happen?

We're close, but not there yet. Block 43200 is last 50 coin block. We're at 42891 as of a few seconds ago.
sr. member
Activity: 252
Merit: 250
lgc.altmine.net p2pool

* Dedicated servers in Europe with 1 Gbit/s connection and DDoS protection.
* No user account required.
* Instant payouts when blocks are found.
* 0.75% fee.

Update your p2pools before block 43200. I have fixed an error.
legendary
Activity: 1100
Merit: 1032
Prices of LGC is about to drop because of the blackcoinpool!
most likely they will dump everything to pay out their users. damn....

They still have more than 23k LGC, and they're making up more than 70% of the LGC hashrate, so they'll dump again soonish.

Best protection would probably be a new custom hashing algorithm, rather than halving: just throw in an extra stage of anything in the PoW hash, that'll be enough to not be vanilla X11, and enough to prevent inclusion in multipools. On the downside, it'll also require custom miners & stratum.

That said, with more than 400k LGC on sale at poloniEx, there is quite some pressure anyway.
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