[POR]⚡ELECTRONEUM⚡Official Moderated Thread - page 108.

herbex

newbie

Activity: 64

Merit: 0

OK, let's do a simple math.
They are giving miners a 200000 ETN reward for 26 blocks.

With the 50MH network - 30 times lower than before (if miners will give that power) - calculating 26 blocks will took about 2 min * 30 * 26 = 1560 minutes. And miners will earn 26 * 12000 = 312 000 ETN. Total 500 000 ETN.

But, on the working network miners can mine 30 times more blocks which cost 26 * 30 * 12000 = 9360000 ETN !

So developers want miners to do a 9M ETN work for 200000 ETN reward? Good luck!

Correct me, if I am wrong.

what I understand is 26 blocks they will pay up to 200000 etn for each block so 26x200000=5,2mln etn
plus miners will get normal payout 26x12000=312000
so all together 5.5mln etn

new24core

member

Activity: 413

Merit: 17

Quote from: rednoW on May 31, 2018, 03:19:22 AM

Quote from: new24core on May 31, 2018, 02:15:40 AM

Quote from: dogtana on May 31, 2018, 01:00:28 AM

Quote from: kepas on May 30, 2018, 10:57:29 PM

From FB:

Mining Pool Owners & GPU Miners - We need YOUR help!
Earn extra ETN reward over the next 26 blocks!
The Electroneum blockchain forked at block 307500 today. As you are aware, the time it takes to mine blocks should be approximately every 2 minutes. Due to the extremely high difficulty caused by previously having ASICs on the network, blocks are taking substantially longer than usual (hours rather than minutes) while the network adjusts.
Firstly, we want to thank the community, our miners and the mining pools in continuing to support the network while we get through these difficult blocks.
However, we are not happy with the low returns our miners are receiving right now, so as a gesture to thank everyone who continues to support us, we will be supplementing the next 26 block rewards by with an ETN bonus (see below). This offer will run for blocks 307501 - 307527.
Mined under an hour 200,000 ETN bonus
1 - 2 hours 150,000 ETN bonus
2 - 3 hours 100,000 ETN bonus
3 - 4 hours 50,000 ETN bonus
So how will this work? After each block is mined, the pool which successfully receives the block reward should contact the team by opening a support ticket (support.electroneum.com) with subject "BLOCK REWARD". They MUST include the public key (ETN wallet address) and view key of the address which successfully mined the block so that we can verify they are indeed the owners. We will check the block time of each mined block and send out the appropriate amount to the public key provided.
Can you please contact your users to let them know it's well worth their while getting back online, and let your users know how to change the algorithm on their software to mine with MoneroV7 or Cryptonight_V7
Again, we wish to thank everyone for continuing to support the ETN network
Have a great day!
Richard.
PS We've had over 40MH/s running on Nanopool for the last couple of hours so we must be extremely close to mining block 307501.
PPS - Please be patient with ETN transactions at this time - once we get past these difficult blocks our blockchain will be considerably more efficient.

WOW, these are really nice bonuses!

This sounds like a good idea in principle but this is dependent on the pool owners.

I hate to piss on this idea but it will never work. Just look how supnova did not even bother to upgrade to the new version.

Is this honestly the best idea where ETN has the least amount of work to solve their problem!

I am a ETN supporter but this is not going to get my hashing power and I will stick with ETH until this mess settles.

The price is going to dive over the coming days due to this mess up.

They can rent a huge hashpower on Nicehash or somewhere else and point it to some pool or to their own pool if they are sure that everything is ok with a fork. But they want to users be a beta-testers ))

I agree!

They should put their hand in their pocket and also declare it so we can regain confidence!

rednoW

legendary

Activity: 1510

Merit: 1003

Quote from: new24core on May 31, 2018, 02:15:40 AM

Quote from: dogtana on May 31, 2018, 01:00:28 AM

Quote from: kepas on May 30, 2018, 10:57:29 PM

From FB:

Mining Pool Owners & GPU Miners - We need YOUR help!
Earn extra ETN reward over the next 26 blocks!
The Electroneum blockchain forked at block 307500 today. As you are aware, the time it takes to mine blocks should be approximately every 2 minutes. Due to the extremely high difficulty caused by previously having ASICs on the network, blocks are taking substantially longer than usual (hours rather than minutes) while the network adjusts.
Firstly, we want to thank the community, our miners and the mining pools in continuing to support the network while we get through these difficult blocks.
However, we are not happy with the low returns our miners are receiving right now, so as a gesture to thank everyone who continues to support us, we will be supplementing the next 26 block rewards by with an ETN bonus (see below). This offer will run for blocks 307501 - 307527.
Mined under an hour 200,000 ETN bonus
1 - 2 hours 150,000 ETN bonus
2 - 3 hours 100,000 ETN bonus
3 - 4 hours 50,000 ETN bonus
So how will this work? After each block is mined, the pool which successfully receives the block reward should contact the team by opening a support ticket (support.electroneum.com) with subject "BLOCK REWARD". They MUST include the public key (ETN wallet address) and view key of the address which successfully mined the block so that we can verify they are indeed the owners. We will check the block time of each mined block and send out the appropriate amount to the public key provided.
Can you please contact your users to let them know it's well worth their while getting back online, and let your users know how to change the algorithm on their software to mine with MoneroV7 or Cryptonight_V7
Again, we wish to thank everyone for continuing to support the ETN network
Have a great day!
Richard.
PS We've had over 40MH/s running on Nanopool for the last couple of hours so we must be extremely close to mining block 307501.
PPS - Please be patient with ETN transactions at this time - once we get past these difficult blocks our blockchain will be considerably more efficient.

WOW, these are really nice bonuses!

This sounds like a good idea in principle but this is dependent on the pool owners.

I hate to piss on this idea but it will never work. Just look how supnova did not even bother to upgrade to the new version.

Is this honestly the best idea where ETN has the least amount of work to solve their problem!

I am a ETN supporter but this is not going to get my hashing power and I will stick with ETH until this mess settles.

The price is going to dive over the coming days due to this mess up.

They can rent a huge hashpower on Nicehash or somewhere else and point it to some pool or to their own pool if they are sure that everything is ok with a fork. But they want to users be a beta-testers ))

wudafuxup

full member

Activity: 391

Merit: 105

Network hashrate dropped from 62Mh/s on nanopool to 2Mh/s. What a joke. The devs better start spending some BTC to get the chain rolling again. Over 24 hours and only 1 single block pff... We have a fraction of the hashrate we had during the fork as well. 3Mh/s trying to solve a 1.5Gh/s pre fork diff, what a meme...

The chain has been completely stopped for over 20 hours Lips sealed

xenomorphe1

full member

Activity: 798

Merit: 103

If you are mining with xmrig, you need to put:
variant=1
It didn't work with -1
Now my shares seems to be accepted. I am trying to mine at easyhash.io. I hope they are well configured.

new24core

member

Activity: 413

Merit: 17

Quote from: dogtana on May 31, 2018, 01:00:28 AM

Quote from: kepas on May 30, 2018, 10:57:29 PM

From FB:

Mining Pool Owners & GPU Miners - We need YOUR help!
Earn extra ETN reward over the next 26 blocks!
The Electroneum blockchain forked at block 307500 today. As you are aware, the time it takes to mine blocks should be approximately every 2 minutes. Due to the extremely high difficulty caused by previously having ASICs on the network, blocks are taking substantially longer than usual (hours rather than minutes) while the network adjusts.
Firstly, we want to thank the community, our miners and the mining pools in continuing to support the network while we get through these difficult blocks.
However, we are not happy with the low returns our miners are receiving right now, so as a gesture to thank everyone who continues to support us, we will be supplementing the next 26 block rewards by with an ETN bonus (see below). This offer will run for blocks 307501 - 307527.
Mined under an hour 200,000 ETN bonus
1 - 2 hours 150,000 ETN bonus
2 - 3 hours 100,000 ETN bonus
3 - 4 hours 50,000 ETN bonus
So how will this work? After each block is mined, the pool which successfully receives the block reward should contact the team by opening a support ticket (support.electroneum.com) with subject "BLOCK REWARD". They MUST include the public key (ETN wallet address) and view key of the address which successfully mined the block so that we can verify they are indeed the owners. We will check the block time of each mined block and send out the appropriate amount to the public key provided.
Can you please contact your users to let them know it's well worth their while getting back online, and let your users know how to change the algorithm on their software to mine with MoneroV7 or Cryptonight_V7
Again, we wish to thank everyone for continuing to support the ETN network
Have a great day!
Richard.
PS We've had over 40MH/s running on Nanopool for the last couple of hours so we must be extremely close to mining block 307501.
PPS - Please be patient with ETN transactions at this time - once we get past these difficult blocks our blockchain will be considerably more efficient.

WOW, these are really nice bonuses!

This sounds like a good idea in principle but this is dependent on the pool owners.

I hate to piss on this idea but it will never work. Just look how supnova did not even bother to upgrade to the new version.

Is this honestly the best idea where ETN has the least amount of work to solve their problem!

I am a ETN supporter but this is not going to get my hashing power and I will stick with ETH until this mess settles.

The price is going to dive over the coming days due to this mess up.

JoenNL

member

Activity: 571

Merit: 18

Quote from: heavyarms1912 on May 30, 2018, 09:07:03 PM

Quote from: wudafuxup on May 30, 2018, 06:40:12 PM

Quote from: ChaozX on May 30, 2018, 06:10:40 PM

With 62000 khs at 180 million difficulty. Nano pool should at least get 1 block every 1-2 hours

why no block at all Huh

It's at 25,000kh/s which is nothing for 180,000,000 difficulty (1.5Gh/s Net Hash). That's 1/60 of the old network hash.

Mining this coin like this is a meme. You guys go ahead and burn your electricity I'll hop in when it's all sorted out. Someone is losing big $$ burning away electricity/BTC trying to find a block to fix the developers incompetence waiting this long to fork lmao.

ssshhhh!...let them mine in peace. Undecided

yeah i'm still mining on nanopool, however i just read that there is a bug in the fork/software so new blocks get rejected

Don't know if it's already fixed or not but the first day mining was for nothing because there's a bug

Great

https://www.reddit.com/r/Electroneum/comments/8n9aze/possible_minor_problem_with_the_fork/

dogtana

member

Activity: 845

Merit: 56

Quote from: kepas on May 30, 2018, 10:57:29 PM

From FB:

Mining Pool Owners & GPU Miners - We need YOUR help!
Earn extra ETN reward over the next 26 blocks!
The Electroneum blockchain forked at block 307500 today. As you are aware, the time it takes to mine blocks should be approximately every 2 minutes. Due to the extremely high difficulty caused by previously having ASICs on the network, blocks are taking substantially longer than usual (hours rather than minutes) while the network adjusts.
Firstly, we want to thank the community, our miners and the mining pools in continuing to support the network while we get through these difficult blocks.
However, we are not happy with the low returns our miners are receiving right now, so as a gesture to thank everyone who continues to support us, we will be supplementing the next 26 block rewards by with an ETN bonus (see below). This offer will run for blocks 307501 - 307527.
Mined under an hour 200,000 ETN bonus
1 - 2 hours 150,000 ETN bonus
2 - 3 hours 100,000 ETN bonus
3 - 4 hours 50,000 ETN bonus
So how will this work? After each block is mined, the pool which successfully receives the block reward should contact the team by opening a support ticket (support.electroneum.com) with subject "BLOCK REWARD". They MUST include the public key (ETN wallet address) and view key of the address which successfully mined the block so that we can verify they are indeed the owners. We will check the block time of each mined block and send out the appropriate amount to the public key provided.
Can you please contact your users to let them know it's well worth their while getting back online, and let your users know how to change the algorithm on their software to mine with MoneroV7 or Cryptonight_V7
Again, we wish to thank everyone for continuing to support the ETN network
Have a great day!
Richard.
PS We've had over 40MH/s running on Nanopool for the last couple of hours so we must be extremely close to mining block 307501.
PPS - Please be patient with ETN transactions at this time - once we get past these difficult blocks our blockchain will be considerably more efficient.

WOW, these are really nice bonuses!

nutplus

newbie

Activity: 17

Merit: 0

Hi gyus
Our team opened Electroneum mining pool!

http://etn.rocketpool.pro

Algorithm after fork: Cryptonight V7!!! Allready work!
Pool Fee: 0%
Min Payout: 1 ETN
Support: paymentID, DiffFixed, Telegram group(ask any question)
Located: Finland

Sberex

sr. member

Activity: 499

Merit: 254

Quote from: ?? on ??

What's happened with Electronerum network at the block planned for hardfork?
Has the network been stable yet?
Has it been safe to move my coins at the moment?

Network is too much STABLE, though (in current conditions)... Sad

15 hours without new block Shocked

kepas

member

Activity: 426

Merit: 11

From FB:

Mining Pool Owners & GPU Miners - We need YOUR help!
Earn extra ETN reward over the next 26 blocks!
The Electroneum blockchain forked at block 307500 today. As you are aware, the time it takes to mine blocks should be approximately every 2 minutes. Due to the extremely high difficulty caused by previously having ASICs on the network, blocks are taking substantially longer than usual (hours rather than minutes) while the network adjusts.
Firstly, we want to thank the community, our miners and the mining pools in continuing to support the network while we get through these difficult blocks.
However, we are not happy with the low returns our miners are receiving right now, so as a gesture to thank everyone who continues to support us, we will be supplementing the next 26 block rewards by with an ETN bonus (see below). This offer will run for blocks 307501 - 307527.
Mined under an hour 200,000 ETN bonus
1 - 2 hours 150,000 ETN bonus
2 - 3 hours 100,000 ETN bonus
3 - 4 hours 50,000 ETN bonus
So how will this work? After each block is mined, the pool which successfully receives the block reward should contact the team by opening a support ticket (support.electroneum.com) with subject "BLOCK REWARD". They MUST include the public key (ETN wallet address) and view key of the address which successfully mined the block so that we can verify they are indeed the owners. We will check the block time of each mined block and send out the appropriate amount to the public key provided.
Can you please contact your users to let them know it's well worth their while getting back online, and let your users know how to change the algorithm on their software to mine with MoneroV7 or Cryptonight_V7
Again, we wish to thank everyone for continuing to support the ETN network
Have a great day!
Richard.
PS We've had over 40MH/s running on Nanopool for the last couple of hours so we must be extremely close to mining block 307501.
PPS - Please be patient with ETN transactions at this time - once we get past these difficult blocks our blockchain will be considerably more efficient.

JCS-CCT

jr. member

Activity: 154

Merit: 1

I'll help. I'll mine 570 H/s till difficulty gets down to where it should be.

Not happy about this messed up fork, but helping because I have transactions on the blockchain.

heavyarms1912

full member

Activity: 729

Merit: 114

Quote from: wudafuxup on May 30, 2018, 06:40:12 PM

Quote from: ChaozX on May 30, 2018, 06:10:40 PM

With 62000 khs at 180 million difficulty. Nano pool should at least get 1 block every 1-2 hours

why no block at all Huh

It's at 25,000kh/s which is nothing for 180,000,000 difficulty (1.5Gh/s Net Hash). That's 1/60 of the old network hash.

Mining this coin like this is a meme. You guys go ahead and burn your electricity I'll hop in when it's all sorted out. Someone is losing big $$ burning away electricity/BTC trying to find a block to fix the developers incompetence waiting this long to fork lmao.

ssshhhh!...let them mine in peace. Undecided

Snider

newbie

Activity: 52

Merit: 0

A helpful video to pass onto new miners: https://www.youtube.com/watch?v=8QKKEUsYgUw

realcryptomines

newbie

Activity: 51

Merit: 0

Quote from: ?? on ??

What's happened with Electronerum network at the block planned for hardfork?
Has the network been stable yet?
Has it been safe to move my coins at the moment?

network is still hunting for block 307501, network will take some time (days) to adjust to new hashrate. I'd not move coins yet personally.

wudafuxup

full member

Activity: 391

Merit: 105

Quote from: ChaozX on May 30, 2018, 06:10:40 PM

With 62000 khs at 180 million difficulty. Nano pool should at least get 1 block every 1-2 hours

why no block at all Huh

It's at 25,000kh/s which is nothing for 180,000,000 difficulty (1.5Gh/s Net Hash). That's 1/60 of the old network hash.

Mining this coin like this is a meme. You guys go ahead and burn your electricity I'll hop in when it's all sorted out. Someone is losing big $$ burning away electricity/BTC trying to find a block to fix the developers incompetence waiting this long to fork lmao.

ChaozX

jr. member

Activity: 101

Merit: 1

With 62000 khs at 180 million difficulty. Nano pool should at least get 1 block every 1-2 hours

why no block at all Huh

JoenNL

member

Activity: 571

Merit: 18

Quote from: new24core on May 30, 2018, 04:43:37 PM

Quote from: realcryptomines on May 30, 2018, 04:40:16 PM

Quote from: new24core on May 30, 2018, 04:31:56 PM

I am mining on suprnova and I am getting the following message, any ideas ?

05/30/18-22:26:56 - SHARE FOUND (target 5000) - (THR 0 of 3)
Share rejected (640 ms)!
{"id":4,"jsonrpc":"2.0","error":{"code":-1,"message":"Lowdifficultyshare"}}

supernova appears to be on the old chain. what miner are you using? what algo are you trying to mine with? cryptonight or v7?

Well, being as we have forked I switched to V7 with Claymore on suprnova and that did not work.

The pools had bloody ages to switch and they are just lazy!

https://etn.nanopool.org

this pool is on cryptonight_v7 so if u want to mine on the new blockchain, u can use nanopool. So put ur miners to nanopool till other pools are ready with the fork.

powerpoxer2

newbie

Activity: 5

Merit: 0

Small fee charged so factor that in. Still surprised Cryptopia is the only one dealing with this now, they must have had a ton of new regs and fees from this. Got them on the map too. Small exchange by world standards in a 300k city Christchurch all the way over in New Zealand. Would be awesome to see how many they signed on, good business decision to fast rail the listing.

Mashy81

jr. member

Activity: 225

Merit: 1

This good. It shows that nearly the whole network was asics. They should have reset the diff. Though
Monero diff was way less.when they forked and it took the best part of a day to lower. It will take a day or two for ETN. Be paitent it will be way more profitable now the asics are gone.

Topic: [POR]⚡ELECTRONEUM⚡Official Moderated Thread - page 108. (Read 240363 times)