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Topic: NA - page 437. (Read 893613 times)

legendary
Activity: 1025
Merit: 1000
ltex.nl
September 27, 2014, 05:28:48 AM
Even though it seems one of the more radical approaches to the problem, locking down the mining only to "trusted" pools might be the way to go.

For me it has several advantages:
  • Keep old miners happy
  • Decentralizes the coins. Having one pool with so many coins and dumping them on the market is only apparently good since I bet only a few of us are still buying (and building up the richlist)
  • Keep blockrate to the intended time
  • Keep old miners happy
  • Keep old miners happy. Because without this the interest of the coin will just diminish to a point that even multi-pools will connect because it is not profitable anymore. Then all this effort was in vain

Please feel free to present me counter points to this because for sure there are some things I am not seeing.

Nuno

I think there might be an argument here. Only problem I see is that it needs to be hardcoded into the chain. This creates a problem when some of the pools drop out (for any reason). If there would be an option of an external database that controls the list, it means the coin loses its decentralization.

I think however, this is a lead to a clever solution...
legendary
Activity: 1025
Merit: 1000
ltex.nl
September 27, 2014, 05:25:31 AM
NLG is drop. Sell sell sell now

There's one advantage! More cheap coins for me Grin
Have faith guys, this still is the best coin around in terms of long term prophecy!
sr. member
Activity: 618
Merit: 274
September 27, 2014, 05:24:03 AM
And Thirdly it's very risky to leave someone having more then 50% of the power for a long time.
Can we finance a solid dedicated NLG pool? (Crowd funding? Permine?)

First of all, I want to state I'm not worried one bit. This will get resolved one way or another. My trust in this community and especially the dedication and competence of the DEV team is 100%. In the end, the Dutch will succeed, as we always have  Grin

I am willing to support any idea that can help the miners out. The merchants and users have no problems, since confirmation is instant via LitePaid. The idea CIG brings up for a dedicated pool is nice and I'm even willing to set it up. Only problem is the same I stated before, it's called centralization... Perhaps the BTM solution is one to look at as well?

Meanwhile I'm going to let the smart guys figure out the technical issues. I'm going to focus on Marketing beginning next week (once the project my company currently is working on is finally finished).

Just relax guy's! Het komt goed Wink

+1

I've been in this from the start and have been consistently impressed by the team behind this coin. It's so refreshing to see a team so professional and dedicated with all the amateurs and shitcoins out there. I'll be holding this for a very long time regardless of the odd bump in the road.
sr. member
Activity: 322
Merit: 250
September 27, 2014, 05:22:06 AM
Even though it seems one of the more radical approaches to the problem, locking down the mining only to "trusted" pools might be the way to go.

For me it has several advantages:
  • Keep old miners happy
  • Decentralizes the coins. Having one pool with so many coins and dumping them on the market is only apparently good since I bet only a few of us are still buying (and building up the richlist)
  • Keep blockrate to the intended time
  • Keep old miners happy
  • Keep old miners happy. Because without this the interest of the coin will just diminish to a point that even multi-pools will connect because it is not profitable anymore. Then all this effort was in vain

Please feel free to present me counter points to this because for sure there are some things I am not seeing.

Nuno
sr. member
Activity: 435
Merit: 250
September 27, 2014, 05:19:51 AM
NLG is drop. Sell sell sell now
legendary
Activity: 1025
Merit: 1000
ltex.nl
September 27, 2014, 05:02:42 AM
And Thirdly it's very risky to leave someone having more then 50% of the power for a long time.
Can we finance a solid dedicated NLG pool? (Crowd funding? Permine?)

First of all, I want to state I'm not worried one bit. This will get resolved one way or another. My trust in this community and especially the dedication and competence of the DEV team is 100%. In the end, the Dutch will succeed, as we always have  Grin

I am willing to support any idea that can help the miners out. The merchants and users have no problems, since confirmation is instant via LitePaid. The idea CIG brings up for a dedicated pool is nice and I'm even willing to set it up. Only problem is the same I stated before, it's called centralization... Perhaps the BTM solution is one to look at as well?

Meanwhile I'm going to let the smart guys figure out the technical issues. I'm going to focus on Marketing beginning next week (once the project my company currently is working on is finally finished).

Just relax guy's! Het komt goed Wink
CIG
newbie
Activity: 44
Merit: 0
September 27, 2014, 04:30:37 AM
Meanwhile I'm somewhat behind in supporting the dedicated miners.
Here's the fix.

On Sept 25 Kloink @HCM found the first block after the update. Including the downtime during the update, the gap was 146 minutes. Well, maybe it's not fair to include the downtime in the longest block gap of the day, on the other hand the whole community was waiting for the first blocks to be found. And Kloink, you prevented me getting RSI hitting that F5 button! Thank you. I donate the 2000 NLG to the HCM adres. The pool admin will take care of it.

Sept 26. An exciting day. How will DGW3 react? What's the longest block gap? The answer is 71 minutes. #Blocks found by HCM dropped from 40 to 7. Keep mining fellows! If you quit the problem gets worse. One of those 7 blocks was block 124479. It was digged up by rjf19. Thanks a lot. If the price of NLG rise again you can get yourself a statute. I donate another 2000 NLG to the HCM adres. The pool admin will take care of it.
sr. member
Activity: 350
Merit: 250
September 27, 2014, 04:17:41 AM
The update to DGW3 has been succesfull, but it looks like it is not the best solution for the blocktime issue.

Well you got that right. Block 124631 took over 2 hours to find (by Hardcore as usual), then 46 blocks were found in less than 5 minutes and now the cycle repeats.  It's not working guys.
legendary
Activity: 1197
Merit: 1001
September 27, 2014, 04:11:58 AM
Just looking back through the block explorer and Hardcore's block stats it appears to me that the new diff algo in it's current form has not worked.  The only blocks that Hardcore are finding are the high diff blocks every hour or two which then opens the flood gate for Clevermining to rape the coin, leave, rinse and repeat.  

I've mined NLG on and off since day 1 but I haven't mined it for weeks due to the diff adjustment problems and frankly, the recent algo change appears to not have made one iota of difference.  This is a shame as I saw huge potential in this coin.  How are your merchants going to be able to accept the coin if it takes over an hour for one confirmation?

Digishield and dgw3 work best with 1 minute block times
If it's possible to set block time to 1 min and divide 1000 by 2.5 for block reward. That will help a lot.
CIG
newbie
Activity: 44
Merit: 0
September 27, 2014, 03:53:51 AM
Just looking back through the block explorer and Hardcore's block stats it appears to me that the new diff algo in it's current form has not worked.  The only blocks that Hardcore are finding are the high diff blocks every hour or two which then opens the flood gate for Clevermining to rape the coin, leave, rinse and repeat.  

I've mined NLG on and off since day 1 but I haven't mined it for weeks due to the diff adjustment problems and frankly, the recent algo change appears to not have made one iota of difference.  This is a shame as I saw huge potential in this coin.  How are your merchants going to be able to accept the coin if it takes over an hour for one confirmation?
Merchants will be happy if the confirmation is done afterwards. But how do we keep the miners happy?

Option 5 (by Dutchyyy) is probably the best for the short term. Terk is cooperative and it's more profitable for Clevermining too (stats show Clevermining could earn the same amount coins with less power). Be aware that this is a workarond. First of all there are many more multipools. Have a look at http://poolpicker.eu/table?algo=scrypt. Secondly it still leaves only the hard blocks for dedicated miners.

And Thirdly it's very risky to leave someone having more then 50% of the power for a long time.
Can we finance a solid dedicated NLG pool? (Crowd funding? Premine?)
CIG
newbie
Activity: 44
Merit: 0
September 27, 2014, 03:45:15 AM
The update to DGW3 has been succesfull, but it looks like it is not the best solution for the blocktime issue. However we don't want to jump to conclusions to quickely, so we will be monitoring this situation closely for a few days. Guldencoin is a longterm project and we are confident that we will eventually find the best solution, with the update we showed we have the community/development strength to execute such an update very smoothly and we can do it again.

Its important that we hear different opinions and discuss ideas/solutions, it is still our number 1 priority. As for the merchants, most of them wont notice these blocktimes as they are using LitePaid, so transactions are done within seconds. So yes our focus is on merchants, but like we said in the beginning thats starts with a strong foundation.

Monitoring and finetuning DGW3 is covered by /GeertJohan. It's in good hands.
Just wondering, isn't there an algorithm for intra block difficulty adjustments?

hero member
Activity: 886
Merit: 504
September 27, 2014, 03:30:26 AM
@guldencoin

Why don't you limit mining to a minimum, or even stop it, for a few days or a week? In the meantime you can work out a good solution.

I mentioned this before, and some people here began shouting about it, but as devs your first priority now is protecting Guldencoin.

Why would you let others break down NLG?
legendary
Activity: 952
Merit: 1000
September 27, 2014, 03:24:58 AM
 How are your merchants going to be able to accept the coin if it takes over an hour for one confirmation?

Transactions in the shops are still within seconds. Confirmations are done afterwards. So customer and merchant are happy.

Keep the spirit high  Cool

DGW3 adjusting things slowly and is improving a bit, in comparance with hashrate jumps:



sr. member
Activity: 350
Merit: 250
September 27, 2014, 02:57:38 AM
Just looking back through the block explorer and Hardcore's block stats it appears to me that the new diff algo in it's current form has not worked.  The only blocks that Hardcore are finding are the high diff blocks every hour or two which then opens the flood gate for Clevermining to rape the coin, leave, rinse and repeat.  

I've mined NLG on and off since day 1 but I haven't mined it for weeks due to the diff adjustment problems and frankly, the recent algo change appears to not have made one iota of difference.  This is a shame as I saw huge potential in this coin.  How are your merchants going to be able to accept the coin if it takes over an hour for one confirmation?
sr. member
Activity: 332
Merit: 250
September 27, 2014, 02:52:48 AM
Is it just me, or is anyone else watching Clevermining rape NLG right now?  Difficulty drops, they mine 15 blocks in a minute.  Difficulty spikes because of them, and we get stuck with the 40 minute block time until a different pool mines the block that block that drops the difficulty back down.  Can anyone confirm the DGW3 update is WAI?  Is this what we were shooting for?  No offense to the devs or the community, please don't take it that way.  I'm just stumped as to why no one is making note of this.

As a small pool operator, I'm kind of at a crossroads right now.  I can't compete with Clever and Hardcore pegging 95%+ of the blocks everyday, but I'm still hopeful that my pool will find it's place with this coin.  I'm not saying all this so people can say, "oh poor Fuse".  I'm just a little frustrated with the fact that Clever is still raping the coin, and small pools can't compete with only dedicated NLG pool.

Should I just give up trying to compete?

-Fuse

EDIT- Let me go on record as stating I was all for the DGW3 update.  Please don't think I wasn't.  I'm just wondering upset Clever is destroying us right now.

send you an PM
legendary
Activity: 1148
Merit: 1000
September 27, 2014, 02:32:03 AM
Is it just me, or is anyone else watching Clevermining rape NLG right now?  Difficulty drops, they mine 15 blocks in a minute.  Difficulty spikes because of them, and we get stuck with the 40 minute block time until a different pool mines the block that block that drops the difficulty back down.  Can anyone confirm the DGW3 update is WAI?  Is this what we were shooting for?  No offense to the devs or the community, please don't take it that way.  I'm just stumped as to why no one is making note of this.

As a small pool operator, I'm kind of at a crossroads right now.  I can't compete with Clever and Hardcore pegging 95%+ of the blocks everyday, but I'm still hopeful that my pool will find it's place with this coin.  I'm not saying all this so people can say, "oh poor Fuse".  I'm just a little frustrated with the fact that Clever is still raping the coin, and small pools can't compete with only dedicated NLG pool.

Should I just give up trying to compete?

-Fuse

Yes i am watching it very bad scene.

The way I see things there is 5 options.

1. Let the price drop back to 100 and wait for block reward to halve.
2. Team and community work hard now to get merchants and business and get marketcap to where Dogecoin/litecoin is (longterm) which means less problems in overall hash swings.
3. Only allow known pools to mine the coin and everyone uses those pools. No solo miners or multipools.
4. Go PoS and forget about mining problems
5. Ask Terk to decrease hash against coin and only increase slightly when price rises so block reward doesnt last over 20min.

PoS  Grin Grin you see mintcoin and eccoin? lol
legendary
Activity: 1197
Merit: 1001
September 27, 2014, 02:23:44 AM
Is it just me, or is anyone else watching Clevermining rape NLG right now?  Difficulty drops, they mine 15 blocks in a minute.  Difficulty spikes because of them, and we get stuck with the 40 minute block time until a different pool mines the block that block that drops the difficulty back down.  Can anyone confirm the DGW3 update is WAI?  Is this what we were shooting for?  No offense to the devs or the community, please don't take it that way.  I'm just stumped as to why no one is making note of this.

As a small pool operator, I'm kind of at a crossroads right now.  I can't compete with Clever and Hardcore pegging 95%+ of the blocks everyday, but I'm still hopeful that my pool will find it's place with this coin.  I'm not saying all this so people can say, "oh poor Fuse".  I'm just a little frustrated with the fact that Clever is still raping the coin, and small pools can't compete with only dedicated NLG pool.

Should I just give up trying to compete?

-Fuse

Yes i am watching it very bad scene.

The way I see things there is 5 options.

1. Let the price drop back to 100 and wait for block reward to halve.
2. Team and community work hard now to get merchants and business and get marketcap to where Dogecoin/litecoin is (longterm) which means less problems in overall hash swings.
3. Only allow known pools to mine the coin and everyone uses those pools. No solo miners or multipools.
4. Go PoS and forget about mining problems
5. Ask Terk to decrease hash against coin and only increase slightly when price rises so block reward doesnt last over 20min.
full member
Activity: 138
Merit: 100
September 26, 2014, 11:12:10 PM
Is it just me, or is anyone else watching Clevermining rape NLG right now?  Difficulty drops, they mine 15 blocks in a minute.  Difficulty spikes because of them, and we get stuck with the 40 minute block time until a different pool mines the block that block that drops the difficulty back down.  Can anyone confirm the DGW3 update is WAI?  Is this what we were shooting for?  No offense to the devs or the community, please don't take it that way.  I'm just stumped as to why no one is making note of this.

As a small pool operator, I'm kind of at a crossroads right now.  I can't compete with Clever and Hardcore pegging 95%+ of the blocks everyday, but I'm still hopeful that my pool will find it's place with this coin.  I'm not saying all this so people can say, "oh poor Fuse".  I'm just a little frustrated with the fact that Clever is still raping the coin, and small pools can't compete with only dedicated NLG pool.

Should I just give up trying to compete?

-Fuse

EDIT- Let me go on record as stating I was all for the DGW3 update.  Please don't think I wasn't.  I'm just wondering upset Clever is destroying us right now.

my 2 cents.. if you read back the last 20 days of posts.. many are making note of this.. some have thought this was a bigger deal than others.. some were talking about this much earlier.. but eventually everyone is coming around..

Last update from the NLG dev team, I believe they said clevermining cut back the total hashrate periodically pointed at Guldencoin to 1/12th the their total hashrate.. problem is total clevermining hashrate is currently 350GH.  so 1/12 of that is ~29GH..  meanwhile, our largest dedicated pool to NLG (HC-miners) has a hashrate of 0.7GH.

I don't think clevermining is angry.. if they wanted to screw us over, they could point that entire 350GH at NLG for an hour straight.. then we'd really be in trouble.. the clevermining op is willing to work with us to avoid long block gaps, and we are very appreciative of that.. but there is a more systemic problem.. clevermining wants to grow, and they have a responsibility to their users to pay more per day than if they would just be mining litecoin.  if they don't, another switching pool will, and clevermining users will say adios and flock to the new best switching pool in town.  I'm surprised there isn't a service that enables miners automatically switch between the most profitable switching pools. Smiley  Anyways, this obviously isn't good for small market cap scrypt alt-coins..  popular sites like gawminers don't help either.. where you buy a cloud scrypt miner but you can only point it at a few switching mining pool.. not a dedicated coin pool of your choosing..  ironically I believe I saw an ad for gawminers at hardcore miners website a few days back.  

BTC is large enough were they don't have to worry about this.. (debatable).. However, for the rest of the scrypt coins, there is a network effect occurring against them and money talks.. a scrypt miner may be better off pointing their rig at a switching pool to earn btc, then buying NLG on an exchange with that btc as it's dumped by the switching pools.. so respect to the pool ops and miners (small and big) 100% dedicated to NLG. Also thanks to CIG for trying to keep those pools going with a little extra NLG incentive.

let's keep the discussion going and be open to new approaches to solving this.. learn lessons from other coins.. if this is not the best place for the discussion then on a dedicated forum page..  apologize for the wordy post.  nlgstats.iblogger.org will continue to track clevermining and the block gaps.  

Edit - also apologize if i'm way incorrect on some of these things.. new to crypto..
legendary
Activity: 1736
Merit: 1001
September 26, 2014, 08:06:17 PM
Is it just me, or is anyone else watching Clevermining rape NLG right now?  Difficulty drops, they mine 15 blocks in a minute.  Difficulty spikes because of them, and we get stuck with the 40 minute block time until a different pool mines the block that block that drops the difficulty back down.  Can anyone confirm the DGW3 update is WAI?  Is this what we were shooting for?  No offense to the devs or the community, please don't take it that way.  I'm just stumped as to why no one is making note of this.

As a small pool operator, I'm kind of at a crossroads right now.  I can't compete with Clever and Hardcore pegging 95%+ of the blocks everyday, but I'm still hopeful that my pool will find it's place with this coin.  I'm not saying all this so people can say, "oh poor Fuse".  I'm just a little frustrated with the fact that Clever is still raping the coin, and small pools can't compete with only dedicated NLG pool.

Should I just give up trying to compete?

-Fuse

Yes i am watching it very bad scene.
legendary
Activity: 1582
Merit: 1002
HODL for life.
September 26, 2014, 08:02:52 PM
Is it just me, or is anyone else watching Clevermining rape NLG right now?  Difficulty drops, they mine 15 blocks in a minute.  Difficulty spikes because of them, and we get stuck with the 40 minute block time until a different pool mines the block that block that drops the difficulty back down.  Can anyone confirm the DGW3 update is WAI?  Is this what we were shooting for?  No offense to the devs or the community, please don't take it that way.  I'm just stumped as to why no one is making note of this.

As a small pool operator, I'm kind of at a crossroads right now.  I can't compete with Clever and Hardcore pegging 95%+ of the blocks everyday, but I'm still hopeful that my pool will find it's place with this coin.  I'm not saying all this so people can say, "oh poor Fuse".  I'm just a little frustrated with the fact that Clever is still raping the coin, and small pools can't compete with only dedicated NLG pool.

Should I just give up trying to compete?

-Fuse

EDIT- Let me go on record as stating I was all for the DGW3 update.  Please don't think I wasn't.  I'm just wondering upset Clever is destroying us right now.
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