Topic: [NENG]Nengcoin - Litecoin on Steroids - Scrypt for All Miners - page 23. (Read 46829 times)
big ASIC miners appear to have left. CPU cheetah solo miners are dominating on rewards
do not use https://dtrade.ga/ it is a scam they WILL steal your coins
this is correct they scammed me also!
this is correct they scammed me also!
A shallow reset to a low base difficulty below 1. boom for small USB ASIC solo miners and gpu solo miners
Looks like big ASIC rigs all left NENG mining. Now CPU cheetah solo miners are dominating on the rewards.
base difficulty reset again to low level, shallow reset. Another boom for GPU solo miners and solo USB ASIC miners.
base difficulty reset again to low level. Another boom for GPU solo miners and solo USB ASIC miners.
Based on explorer, it is likely another spike difficulty block was mined by big ASIC rig. The base difficulty effectively go back to
244k and more or less 100% mining dominance by CPU cheetah solo miners.
244k and more or less 100% mining dominance by CPU cheetah solo miners.
Just captured moments ago from https://miningpoolstats.stream/newenglandcoin :
In summary, zpool has 236.12 mh/s hashrate, only found 9 out of 100 blocks. findblocks has 6.54 Mh/s, found 5 out of last 100 blocks.
Right now NENG block chain is at reset day, 0.06 base difficulty. At reset day, big hashrate means very little in winning rewards.
On base reset day, the NENG mining is disproportionately in favor of small GPU solo miners and small ASIC (most likely on USB) solo miners and also small mining pools.
| NewEnglandCoin NewEnglandCoin (NENG) Scrypt Network 25.42 MH/s Hashrate 249.07 MH/s Blocks in last 100 79 unknown Block Height Last Found |
| 1. zpool.ga 236.12 MH/s 9 -10.9 1482028 1482028 4 min |
| 2. findblocks.com 6.54 MH/s 5 +4.3 1482023 1482023 5 min |
| 3. cminors-pool.com 6.41 MH/s 7 +6.6 1482029 1482025 4 min |
In summary, zpool has 236.12 mh/s hashrate, only found 9 out of 100 blocks. findblocks has 6.54 Mh/s, found 5 out of last 100 blocks.
Right now NENG block chain is at reset day, 0.06 base difficulty. At reset day, big hashrate means very little in winning rewards.
On base reset day, the NENG mining is disproportionately in favor of small GPU solo miners and small ASIC (most likely on USB) solo miners and also small mining pools.
base difficulty has reset to very low level, close to zero. Boom for GPU or USB small ASIC solo miners
A spike difficulty block was mined:
http://nengexplorer.mooo.com:3001/block/8b91747fbf042316488968d196754477039ffc0a5da2a20fb1d75c8a8de63e85
This would trigger CPU cheetah solo miners to 100% dominate the mining rewards until the next reset. Until next reset, the spike difficulty becomes base difficulty effectively.
At 244k difficulty level, a few L3 ASIC won't find any new blocks. Only Cheetah CPU solo miners can find blocks.
http://nengexplorer.mooo.com:3001/block/8b91747fbf042316488968d196754477039ffc0a5da2a20fb1d75c8a8de63e85
This would trigger CPU cheetah solo miners to 100% dominate the mining rewards until the next reset. Until next reset, the spike difficulty becomes base difficulty effectively.
At 244k difficulty level, a few L3 ASIC won't find any new blocks. Only Cheetah CPU solo miners can find blocks.
base difficulty has reset overnight to a low level. GPU small ASIC solo miner boom.
Odd, did not see that much in a bump of what I usually get. I only check the miners once a week, it's 2 cpus, 2 moonlander2 and a NVidia 1650 card.
Usually when you post the reset notice I come back to 75m to 100m coins. Now, barely at 25m. How long was is low for?
Also, looks like the pool on the old chain has stopped. That or they stopped updating their stats page.
Stay safe.
-Dave
It was a shallow dip to a low level, not the typical type of drop to rock bottom. The shallow dip provided a good boom for less than 1 day only.
It appears that all ASIC left NENG mining. Now CPU cheetah solo miners are dominating almost all the rewards.
Correction, not all left, large hashrate of big asic left. CPU miners are getting big chunk of rewards.
Correction, not all left, large hashrate of big asic left. CPU miners are getting big chunk of rewards.
It has been this low for 40 days. Funeral panegyric has been served to mark the end of free mining era. Asics are coming into play which is a sign of deadly destruction of soloists which shall not be treated lightly but rather dealt with. Wait for a horde of Singapore miners to join the mining circles as people flee multiple economy sectors due to lost jobs and having hogged all supplies they had in the period of quarantine.
base difficulty has reset overnight to a low level. GPU small ASIC solo miner boom.
Odd, did not see that much in a bump of what I usually get. I only check the miners once a week, it's 2 cpus, 2 moonlander2 and a NVidia 1650 card.
Usually when you post the reset notice I come back to 75m to 100m coins. Now, barely at 25m. How long was is low for?
Also, looks like the pool on the old chain has stopped. That or they stopped updating their stats page.
Stay safe.
-Dave
base difficulty has reset overnight to a low level. GPU small ASIC solo miner boom.
wasting electricity i think
some times only problem is the diff. go up and is hard to find blocks with low hashpower
some times only problem is the diff. go up and is hard to find blocks with low hashpower
There is a big ASIC miner trying to attack NENG or, in friendly way, try to test out NENG randomSpike:
https://yiimp.coin-mining.eu/site/mining
659.7 Mh/s hashrat while the current NENG hash rate is less than 50 Mh/s.
In a typical scrypt coin or sha256 coin, a big ASIC can turn around on dead chain and make the current chain orphaned, 51% attack.
In this case, the big ASIC miner mining the dead chain for no reason, wasting electricity. It is unlikely that the miner is not aware the hard fork and our notice here. This won't work, the current chain randomSpike won't be affected.
The big ASIC miner (likely a L3 ) is futile on mining the dead chain on old wallet version.
https://yiimp.coin-mining.eu/site/mining
659.7 Mh/s hashrat while the current NENG hash rate is less than 50 Mh/s.
In a typical scrypt coin or sha256 coin, a big ASIC can turn around on dead chain and make the current chain orphaned, 51% attack.
In this case, the big ASIC miner mining the dead chain for no reason, wasting electricity. It is unlikely that the miner is not aware the hard fork and our notice here. This won't work, the current chain randomSpike won't be affected.
The big ASIC miner (likely a L3 ) is futile on mining the dead chain on old wallet version.
base diff has reset to a low level. Another boom for solo GPU or solo USB ASIC miners.
Just found out that there is mining pool still on old chain before hardfork: https://yiimp.coin-mining.eu/ of NENG on this same old chain as Dave reported. Whoever owns this mining pool, please update to our latest wallet post v1.3.x hardfork.
How did you find who they were?
I did a quick check of some of the IPs that were on the wrong block height on Sunday but did not see anything that told me that they were that pool.
Stay safe.
-Dave
Do not know exactly , just a guess. Found the pool on Google, their last block is very close to your CPU miner on old chain.
Old chains could be on separate different dead chains if clients are not linked together. Important is to get msg out not to mine dead chain.
Just found out that there is mining pool still on old chain before hardfork: https://yiimp.coin-mining.eu/ of NENG on this same old chain as Dave reported. Whoever owns this mining pool, please update to our latest wallet post v1.3.x hardfork.
How did you find who they were?
I did a quick check of some of the IPs that were on the wrong block height on Sunday but did not see anything that told me that they were that pool.
Stay safe.
-Dave
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