I'm mining on the pool but it only shows 2-2.4G/s out of my 3.
Where do I point the miner to solo mine? Seems like the chance is worth it.
Topic: Namecoin miners, stand up and be counted! - page 3. (Read 22356 times)
btw, what's the current total hashrate for this? 500G, 1T?
my rigs found 5 blocks total, found 2 blocks while in a pool, then switched to solo and found 3 blocks later.
I found 8 blocks... but only in the pool, so I'm already ~300 Namecoins behind my luck 
Bleh I'm awful at solo mining. 36+ hours with 2gh and still no block...
Me 3 days @ 350mh/s and no block, before the difficulty change i got 2 blocks per day.
Bleh I'm awful at solo mining. 36+ hours with 2gh and still no block...
Wow, luckily I have my failover miners running - that pool is unstable as hell!
I wonder why still none of the bigger (or especially: smaller!) Bitcoin pools offers a namecoin pool too...
I wonder why still none of the bigger (or especially: smaller!) Bitcoin pools offers a namecoin pool too...
Fakeman:
If it is still counting accepted shares, then I would assume it should still be keeping up. I don't know for sure though.
Sukrim:
The volume is in MNC. Although considering this is still a relatively new market, it is growing super fast. The next difficulty jump is going to be huge. Over the past three hours, an average of about 35 blocks have been found each hour. That mean it is running at 5.8X the desired block creation rate. This would indicate that we should expect a 580% increase in difficulty if it was based off just this time span. I think the actual number may be smaller, but still a triple digit increase. The number of NMC flowing into the system will decrease by the XXX% after this jump. This makes me think that the price will see an increase around that time, but as we all know price doesn't necessarily follow the difficulty. Personally, I wouldn't think of selling until that point. I've actually been moving more BTC from MtGox to bitparking to buy up as many as I can before the difficulty jump. It's a gamble, but if I'm right, it should be a nice return.
-SteveA
edit: fixed my math.
If it is still counting accepted shares, then I would assume it should still be keeping up. I don't know for sure though.
Sukrim:
The volume is in MNC. Although considering this is still a relatively new market, it is growing super fast. The next difficulty jump is going to be huge. Over the past three hours, an average of about 35 blocks have been found each hour. That mean it is running at 5.8X the desired block creation rate. This would indicate that we should expect a 580% increase in difficulty if it was based off just this time span. I think the actual number may be smaller, but still a triple digit increase. The number of NMC flowing into the system will decrease by the XXX% after this jump. This makes me think that the price will see an increase around that time, but as we all know price doesn't necessarily follow the difficulty. Personally, I wouldn't think of selling until that point. I've actually been moving more BTC from MtGox to bitparking to buy up as many as I can before the difficulty jump. It's a gamble, but if I'm right, it should be a nice return.
-SteveA
edit: fixed my math.
When the bitparking site goes down but the miner keeps running, do those results still get counted?
There's no stable pool for namecoins it appears, even though at least three are online publicly. Have had problems with all. Guess I will take the variance of solo mining until the next dif change (when namecoins will likely pull back to parity with bitcoins).
Funny/scary that people are panic-selling now on namecoin instead of hoarding and keeping the exchange rate high.
If "Volume" is really in BTC, there are more BTC being traded on Bitparking than on MtGox!
If "Volume" is really in BTC, there are more BTC being traded on Bitparking than on MtGox!
Here is the command to send NMC
./namecoind sendtoaddress
Be sure to leave enough extra to cover the 0.01 transaction fee.
-SteveA
./namecoind sendtoaddress
Be sure to leave enough extra to cover the 0.01 transaction fee.
-SteveA
*standing up*
I dedicated my single 5870 rig (oc to 950 MHz) with DiabloMiner (410 Mh/s) to Namecoins last night because of the difficulty increase. Just thought it would be an investment that would pay off once Namecoin became more popular only to find a chart today that suggests that even now Namecoin is more profitable! Me likes it!
I dedicated my single 5870 rig (oc to 950 MHz) with DiabloMiner (410 Mh/s) to Namecoins last night because of the difficulty increase. Just thought it would be an investment that would pay off once Namecoin became more popular only to find a chart today that suggests that even now Namecoin is more profitable! Me likes it!
Why would anyone be willing to part with BTCs to buy namecoins? Where does their value in BTC originate from?
The pool seems broken again now, and I think it's ruining everything. If you use it you will get a lot of refused submits, and if you don't use it it will orphan your solo blocks because it takes so long for it to register other blocks.
Started today
Looks like the pool was stable overnight (UK, 3 Ghash/s), I got just over 2 blocks worth of coins 
Soloing is viable, you should get 2 hits per day at 1550 MHashes.
That pool is VERY UNSTABLE!
Can't believe I'm only doing this now, had the idea a while back, should have just mined a few thousand!
BTW Who in this thread thinks it's ethical to delete the thread so we can mine on our lonesome??
That pool is VERY UNSTABLE!
Can't believe I'm only doing this now, had the idea a while back, should have just mined a few thousand!
BTW Who in this thread thinks it's ethical to delete the thread so we can mine on our lonesome??
Yeah, viable, but luck can be a bitch, as she was with me yesterday
It's only been this last week, that you could be sure to sell all that you mined, and at the higher prices. I only jumped on board about a week and a half ago, after about a week of trialling it.
UNSTABLE... hell yeah... I've got over 3Ghash/s, but generally only shows as under 2Ghash/s on the pool
No way to hide this from anyone now. The word is out.
I tried to keep it quiet for as long as possible, but then 2 days ago a Russian group found out that NMC was far more profitable (one days I made $1465!!), then they put the word out, and NMC mining just took off, thus resulting in a MAJOR increase in difficulty !!
Ofc with the current price increase NMC/BTC, 1550 Mhash/s = 2 blocks = 9 to 10 BTC per day
So, why the F is anyone still mining BTC !!!
tried soloing for the last 24 hours with my 2GH and generated 0 blocks. Back to pool for now. gotta make hay-3% while the namecoin sun is shining.
As long as you provide the pool software too I would even do that (though I'd like to rather have the Namecoins to be able to diversify a bit my portfolio).
If you guys are having difficulty generating namecoin addresses I will gladly provide you with a few you can mine to and do BTC cash out for you for 1% of the proceeds.
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