Author

Topic: NA - page 340. (Read 893613 times)

hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
December 14, 2014, 03:03:48 PM
Clevermining is all about profits,price to low,jump on another coin.

Clevermining is abusing the bugs in the algorithm, they're mining the easy blocks just because they can. I don't think they work with a break even for Guldencoin, they never stepped out in the last couple of months.




Miners connect with clevermining and they autodump nlg on the exchange so the price matters.
When the nlg's dont make enough btc for the miners they will jump to another coin/pool.

Lowering the price under break/even point.
Dedicated miners will get the easy blocks.Dedicated investors will get the cheap NLG. Untill the algo adjustment is done everybody is happy.

Maybe i'm wrong or clevermining only jumps in when the diff. Is low and get a few easy blocks.?

Manipulating price isn't the answer.  We've been over this in the past numerous times.  Besides, clever is already doing that for us.  50% of the coins mined in a day get insta-sold.  Something like 40mil to date.

We're beating a dead horse here.  Hell, let's just move to a completely new system of mining.  We'll send out pieces of paper with an equation on it, and we'll hash by hand.  Of course, clever will probably just use OCR technology just to mess with us.

The answer is an algorithm change to something that increases difficulty faster than what DGW3 does currently.  A much faster reaction time so that clever only gets 1 or 2 blocks before the difficulty/price ratio isn't profitable anymore for them.  DIGI does this.  I personally want to see clever under 5%-10% of the total blocks mined in a day.

-Fuse
Indeed digishield retargets dificulty very fast and works great for digibyte and other coins.
legendary
Activity: 1582
Merit: 1002
HODL for life.
December 14, 2014, 02:57:19 PM
Clevermining is all about profits,price to low,jump on another coin.

Clevermining is abusing the bugs in the algorithm, they're mining the easy blocks just because they can. I don't think they work with a break even for Guldencoin, they never stepped out in the last couple of months.




Miners connect with clevermining and they autodump nlg on the exchange so the price matters.
When the nlg's dont make enough btc for the miners they will jump to another coin/pool.

Lowering the price under break/even point.
Dedicated miners will get the easy blocks.Dedicated investors will get the cheap NLG. Untill the algo adjustment is done everybody is happy.

Maybe i'm wrong or clevermining only jumps in when the diff. Is low and get a few easy blocks.?

Manipulating price isn't the answer.  We've been over this in the past numerous times.  Besides, clever is already doing that for us.  50% of the coins mined in a day get insta-sold.  Something like 40mil to date.

We're beating a dead horse here.  Hell, let's just move to a completely new system of mining.  We'll send out pieces of paper with an equation on it, and we'll hash by hand.  Of course, clever will probably just use OCR technology just to mess with us.

The answer is an algorithm change to something that increases difficulty faster than what DGW3 does currently.  A much faster reaction time so that clever only gets 1 or 2 blocks before the difficulty/price ratio isn't profitable anymore for them.  DIGI does this.  I personally want to see clever under 5%-10% of the total blocks mined in a day.

Clevermining jumps in when the difficulty is around 400, within a minute or two they mine between the 5 and 20 blocks and then leave again, multiple times each day. Only two minutes of hashing power needed for between 5000 and 20000 Guldencoins, my guess their break even point is very low or nonexistent. They are aware of the upcoming algorithm update and therefore I don't think we can scare them away anymore, we can only limit their power by putting a lot of hashing power against it.

Hmm that sucks,
Well this is a great community.  rent some hashes together?


The problem with renting hashes is that we already have about 50% of the total network held by a handful of users who rent hashes to keep the chain moving.

Frais is right though, clever's break-even is minimal.  They can mine all they want and not worry about loses.  They'll just rape another coin to cover the cost.  It's a game to them.  One that is pushed further and further every time someone buys one of those idiotic hashlets.

-Fuse
hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
December 14, 2014, 02:57:00 PM
Clevermining is all about profits,price to low,jump on another coin.

Clevermining is abusing the bugs in the algorithm, they're mining the easy blocks just because they can. I don't think they work with a break even for Guldencoin, they never stepped out in the last couple of months.





Maybe i'm wrong or clevermining only jumps in when the diff. Is low and get a few easy blocks.?

Clevermining jumps in when the difficulty is around 400, within a minute or two they mine between the 5 and 20 blocks and then leave again, multiple times each day. Only two minutes of hashing power needed for between 5000 and 20000 Guldencoins, my guess their break even point is very low or nonexistent. They are aware of the upcoming algorithm update and therefore I don't think we can scare them away anymore, we can only limit their power by putting a lot of hashing power against it.

Hmm that sucks,
Well this is a great community.  rent some hashes together?
legendary
Activity: 952
Merit: 1000
December 14, 2014, 02:51:57 PM
Good job guldencoin, a great coin and community. loving it  Cheesy

Welcome!  Smiley


hee thanks! bedankt!

Guldencoin and Sendchat, maybe think of combining Sendchat with Guldencoin as well?
Talk to Rijk about it, if you are open for that. Both dutch, it will work for the dutch Sendchat with Guldencoin. Sendcoin and bitcoin for international Wink
That would be great!!
legendary
Activity: 952
Merit: 1000
December 14, 2014, 02:48:04 PM
bann clevermining ip?

Have a few weeks patience and buy some cheap NLG, while it still can.  Wink
sr. member
Activity: 246
Merit: 250
December 14, 2014, 02:47:23 PM
Clevermining is all about profits,price to low,jump on another coin.

Clevermining is abusing the bugs in the algorithm, they're mining the easy blocks just because they can. I don't think they work with a break even for Guldencoin, they never stepped out in the last couple of months.





Maybe i'm wrong or clevermining only jumps in when the diff. Is low and get a few easy blocks.?

Clevermining jumps in when the difficulty is around 400, within a minute or two they mine between the 5 and 20 blocks and then leave again, multiple times each day. Only two minutes of hashing power needed for between 5000 and 20000 Guldencoins, my guess their break even point is very low or nonexistent. They are aware of the upcoming algorithm update and therefore I don't think we can scare them away anymore, we can only limit their power by putting a lot of hashing power against it.
legendary
Activity: 1492
Merit: 1021
December 14, 2014, 02:44:47 PM
Good job guldencoin, a great coin and community. loving it  Cheesy

Welcome!  Smiley


hee thanks! bedankt!
legendary
Activity: 1148
Merit: 1000
December 14, 2014, 02:44:32 PM
Clevermining is all about profits,price to low,jump on another coin.

Clevermining is abusing the bugs in the algorithm, they're mining the easy blocks just because they can. I don't think they work with a break even for Guldencoin, they never stepped out in the last couple of months.




Miners connect with clevermining and they autodump nlg on the exchange so the price matters.
When the nlg's dont make enough btc for the miners they will jump to another coin/pool.

Lowering the price under break/even point.
Dedicated miners will get the easy blocks.Dedicated investors will get the cheap NLG. Untill the algo adjustment is done everybody is happy.

Maybe i'm wrong or clevermining only jumps in when the diff. Is low and get a few easy blocks.?

bann clevermining ip?
hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
December 14, 2014, 02:30:37 PM
Clevermining is all about profits,price to low,jump on another coin.

Clevermining is abusing the bugs in the algorithm, they're mining the easy blocks just because they can. I don't think they work with a break even for Guldencoin, they never stepped out in the last couple of months.




Miners connect with clevermining and they autodump nlg on the exchange so the price matters.
When the nlg's dont make enough btc for the miners they will jump to another coin/pool.

Lowering the price under break/even point.
Dedicated miners will get the easy blocks.Dedicated investors will get the cheap NLG. Untill the algo adjustment is done everybody is happy.

Maybe i'm wrong or clevermining only jumps in when the diff. Is low and get a few easy blocks.?
sr. member
Activity: 246
Merit: 250
December 14, 2014, 02:10:26 PM
Clevermining is all about profits,price to low,jump on another coin.

Clevermining is abusing the bugs in the algorithm, they're mining the easy blocks just because they can. I don't think they work with a break even for Guldencoin, they never stepped out in the last couple of months.



legendary
Activity: 952
Merit: 1000
December 14, 2014, 01:54:14 PM

Thank you for posting Bram, this is the first of many to follow. Promoting Dutch DJ's through Guldencoin and vice versa. Sharing is caring Wink

Win-win. Nice project Buerra! iTunes, Soundcloud, iPhone. Sounds good  Cool
hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
December 14, 2014, 01:49:18 PM
I have to look back some pages for that.
Digibyte had issues with diff. spikes. After the fixxes and updates it runs smooth now.
We had some fights with boostpool.com  lying about his skimming and dumping.  now this pool is closed:)


Just saying,  The program to simulate algos v.s hashes is something very cool and NLG will get much attention for that!

1000% agree.  Simulator will be used by many, no doubt about that.  I suspect though that you will see it get forked and rewritten in C++.  Not knocking the move to GO, just predicting what will happen.  Hell, there's 100 different language ports of the BTC client.  People like the code the like, so don't be surprised if someone steals the thunder with a C++ or similar port and doesn't mention /GJ's groundbreaking work.

-Fuse
What is the break/even mining price of NLG?  Maybe placing the 2.8 btc buy order just under that( if it's not to low offcourse),Clevermining is all about profits,price to low,jump on another coin.
When the test program & algo adjustment  is done the price will pass 500 easy!
legendary
Activity: 980
Merit: 1000
December 14, 2014, 01:39:32 PM

Thank you for posting Bram, this is the first of many to follow. Promoting Dutch DJ's through Guldencoin and vice versa. Sharing is caring Wink
legendary
Activity: 1148
Merit: 1000
legendary
Activity: 952
Merit: 1000
December 14, 2014, 01:09:41 PM
https://bitcointalksearch.org/topic/annauto-switch-profit-switch-auto-exchange-pool-cleverminingcom-448649

(@Rijk: merchantlist is not up to date in the OP and merchantlist on official website)
sr. member
Activity: 246
Merit: 250
December 14, 2014, 01:00:16 PM
It seems to me clevermining is putting more hashing power in, they're finding many blocks in a row in the past hours (around 15 blocks within 2 minutes any time they step in), also clever is very active on Bittrex at the moment selling Guldencoins. Maybe the simulator announcement is a sign for them to don't give a f*ck anymore.

Clever never gave a f*ck about what they did to this coin.  I honestly wouldn't be surprised if clever does this to other alts as well and they just don't know it.

All I have to say is... DIGI.

-Fuse

Well, they did give a little f*ck by reducing the hashing power towards Guldencoin (if that's true). I can imagine they turn the speed up when they know it will be their last weeks to make some easy Guldencoin profit.
legendary
Activity: 952
Merit: 1000
December 14, 2014, 12:42:45 PM
Good job guldencoin, a great coin and community. loving it  Cheesy

Welcome!  Smiley
legendary
Activity: 1582
Merit: 1002
HODL for life.
December 14, 2014, 12:39:06 PM
I have to look back some pages for that.
Digibyte had issues with diff. spikes. After the fixxes and updates it runs smooth now.
We had some fights with boostpool.com  lying about his skimming and dumping.  now this pool is closed:)


Just saying,  The program to simulate algos v.s hashes is something very cool and NLG will get much attention for that!

1000% agree.  Simulator will be used by many, no doubt about that.  I suspect though that you will see it get forked and rewritten in C++.  Not knocking the move to GO, just predicting what will happen.  Hell, there's 100 different language ports of the BTC client.  People like the code the like, so don't be surprised if someone steals the thunder with a C++ or similar port and doesn't mention /GJ's groundbreaking work.

-Fuse
legendary
Activity: 1492
Merit: 1021
December 14, 2014, 12:34:52 PM
Good job guldencoin, a great coin and community. loving it  Cheesy
hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
December 14, 2014, 12:18:15 PM
It seems to me clevermining is putting more hashing power in, they're finding many blocks in a row in the past hours (around 15 blocks within 2 minutes any time they step in), also clever is very active on Bittrex at the moment selling Guldencoins. Maybe the simulator announcement is a sign for them to don't give a f*ck anymore.

Clever never gave a f*ck about what they did to this coin.  I honestly wouldn't be surprised if clever does this to other alts as well and they just don't know it.

All I have to say is... DIGI.

-Fuse

Digibyte?
Yeah they had some problems with miners/multipools.Also there whas a groestlcoin multipool that skimmed 20% of each block and autodumps it on cryptsy.21million digibytes mined per day "4btc"
Now thats fixxed because of the hardfork.

Digishield.  Modified to fit Gulden.

Plenty of conversation about it for the last 3 months or so that we've been fighting clever.

-Fuse
I have to look back some pages for that.
Digibyte had issues with diff. spikes. After the fixxes and updates it runs smooth now.
We had some fights with boostpool.com  lying about his skimming and dumping.  now this pool is closed:)


Just saying,  The program to simulate algos v.s hashes is something very cool and NLG will get much attention for that!
Jump to: