Yocoin Orphans

GenTarkin
Archived posts: 135
Joined: Dec 02, 2015

Re: Yocoin Orphans

by GenTarkin · · Post #3636

excelerator wrote:I get the math and understand the logic. It's just frustrating to see as today's mining I'm at a 49% revenue loss from all mined coins due to Yocoin orphans which puts my contribution to the pool at less than my pool reward as of this morning. I'm trying to tune my machines to contribute more than my return and it's frustrating to go backwards. On days like these I can't glean any useful information for tuning purposes with such a high orphan rate and revenue loss.
Um.... tuning your machines really has nothing to do w/ orphans. Orphans are "pool <-> blockchain network" related.
Rejects and stales on the other hand do but those largely still come down to how well the pool functions and your connection to the pool.

I can understand how such a high orphan rate is frustrating, its double frustrating to know that a properly functioning multipool made way more than this pool (if they didnt have the same orphan rate problem) ... but it should still be comforting to know it was still more profitable than mining just LTC.
excelerator
Archived posts: 140
Joined: Dec 28, 2015

Re: Yocoin Orphans

by excelerator · · Post #3639

GenTarkin wrote:
excelerator wrote:I get the math and understand the logic. It's just frustrating to see as today's mining I'm at a 49% revenue loss from all mined coins due to Yocoin orphans which puts my contribution to the pool at less than my pool reward as of this morning. I'm trying to tune my machines to contribute more than my return and it's frustrating to go backwards. On days like these I can't glean any useful information for tuning purposes with such a high orphan rate and revenue loss.
Um.... tuning your machines really has nothing to do w/ orphans. Orphans are "pool <-> blockchain network" related.
Rejects and stales on the other hand do but those largely still come down to how well the pool functions and your connection to the pool.

I can understand how such a high orphan rate is frustrating, its double frustrating to know that a properly functioning multipool made way more than this pool (if they didnt have the same orphan rate problem) ... but it should still be comforting to know it was still more profitable than mining just LTC.
Good point! I do understand the relationship and it's good clarification. I need to ignore the absolute hash waste (hard for any ex-manufacturing person) and stay focused on insuring that my net contribution to the pool daily is greater than or equal to my pool reward.
Chris Sokolowski avatar
Chris Sokolowski
Site Admin
Archived posts: 945
Joined: Aug 27, 2014

Re: Yocoin Orphans

by Chris Sokolowski · · Post #3643

I've been watching that thread to see if they change anything. From what has happened in the last few days, I think Yocoin is a scam.

The default seed nodes are controlled by the developers. Likely, the developers are mining on their own and have rigged the default seed nodes to favor their own blocks while orphaning others' blocks. It's too convenient that the orphans only started once Yocoin had a high value, and then then a large amount of Yocoins owned by the developers are mysteriously sold and withdrawn from C-CEX.

If this is what is happening, then they have no reason to fix the seed nodes. The developers will continue to mine Yocoin with no competition while the market stays inflated, and once the market crashes, the developers will disappear with all the "missing" money.

Fortunately, this doesn't affect us at all, other than not being able to mine a profitable coin.