Updates on algorithms

News updates about the Prohashing pool
User avatar
Steve Sokolowski
Posts: 3808
Joined: Wed Aug 27, 2014 3:27 pm
Location: State College, PA

Updates on algorithms

Post by Steve Sokolowski » Thu Mar 07, 2019 8:38 am

Equihash<144,5> will be coming online later today. It was temporarily disabled on Monday after a customer identified that the algorithm was incorrectly implemented. The mining servers will be restarted to implement the changes.

We've decided to disable and delay CryptonightV1. We've found that all of the coins for this algorithm are either very difficult to implement, or that there are showstopper bugs in their official clients. For example, it is well known that the Electroneum client has a bug where the API refuses to send money after a specific sequence of actions happens, making it impossible for us to automate payouts in the coin. As is becoming more and more the case, programming is easy but finding documentation on how things are supposed to work is limiting us.

We're going to redirect resources that would have otherwise been spent on CryptonightV1 to try to identify why SHA-256 hashrate has declined dramatically in the past two weeks despite its profitability rising, and to take action on what is found. We might return to CryptonightV1 in April.
olkah
Posts: 58
Joined: Fri Jan 27, 2017 9:36 pm

Re: Updates on algorithms

Post by olkah » Thu Mar 07, 2019 11:09 am

I'm sure you ought to permanently disable CryptoNightV8 and fully set and throw all forces on CryptoNight V1 !!!.
olkah
Posts: 58
Joined: Fri Jan 27, 2017 9:36 pm

Re: Updates on algorithms

Post by olkah » Thu Mar 07, 2019 11:10 am

It is known that CryptoNightV8 is an error
and all that is associated with video cards is a total error of the crypto world
User avatar
CSZiggy
Posts: 691
Joined: Wed Jan 31, 2018 2:44 pm

Re: Updates on algorithms

Post by CSZiggy » Thu Mar 07, 2019 11:13 am

olkah, I think they want to make sure what happened to Neoscrypt doesn't happen to the CN1. They spend hours and hours and hours to get it up and working, to find out they now earn 5% per day on $2.00 worth of daily payouts. Wonder how many years it will take to ROI at $0.10 / day.


Any new coins being added to the up and working CNv8?
The strength of the pool comes from mining the most profitable coins and being able to select payout in coins other than what you mined.
CNv8 having only 1 coin means it never swaps or finds any higher profit than that of a pool with a static port to just mine that 1 coin.
hobospices
Posts: 30
Joined: Thu May 31, 2018 8:52 am

Re: Updates on algorithms

Post by hobospices » Thu Mar 07, 2019 10:30 pm

CSZiggy wrote:olkah, I think they want to make sure what happened to Neoscrypt doesn't happen to the CN1. They spend hours and hours and hours to get it up and working, to find out they now earn 5% per day on $2.00 worth of daily payouts. Wonder how many years it will take to ROI at $0.10 / day.


Any new coins being added to the up and working CNv8?
The strength of the pool comes from mining the most profitable coins and being able to select payout in coins other than what you mined.
CNv8 having only 1 coin means it never swaps or finds any higher profit than that of a pool with a static port to just mine that 1 coin.
I second this
User avatar
Steve Sokolowski
Posts: 3808
Joined: Wed Aug 27, 2014 3:27 pm
Location: State College, PA

Re: Updates on algorithms

Post by Steve Sokolowski » Fri Mar 08, 2019 9:55 am

hobospices wrote:
CSZiggy wrote:olkah, I think they want to make sure what happened to Neoscrypt doesn't happen to the CN1. They spend hours and hours and hours to get it up and working, to find out they now earn 5% per day on $2.00 worth of daily payouts. Wonder how many years it will take to ROI at $0.10 / day.


Any new coins being added to the up and working CNv8?
The strength of the pool comes from mining the most profitable coins and being able to select payout in coins other than what you mined.
CNv8 having only 1 coin means it never swaps or finds any higher profit than that of a pool with a static port to just mine that 1 coin.
I second this
I'd love to get new coins for that algorithm.

Are you aware of any? I don't know of any coins that are listed on any exchanges that have an API and that accept US customers.
sirslayerjr
Posts: 61
Joined: Fri May 19, 2017 1:38 am

Re: Updates on algorithms

Post by sirslayerjr » Sat Mar 09, 2019 1:03 pm

Equihash<144,5 rentals @ miningrigrentals are now working !! and thank you for the quick fix,Steve and your crew!!
magnum24v
Posts: 1
Joined: Sat Mar 09, 2019 6:05 pm

Re: Updates on algorithms

Post by magnum24v » Sat Mar 09, 2019 6:10 pm

Can we get anymore equihash coins? How about pirate coin?
hobospices
Posts: 30
Joined: Thu May 31, 2018 8:52 am

Re: Updates on algorithms

Post by hobospices » Sun Mar 10, 2019 2:16 pm

Steve Sokolowski wrote:
hobospices wrote:
CSZiggy wrote:olkah, I think they want to make sure what happened to Neoscrypt doesn't happen to the CN1. They spend hours and hours and hours to get it up and working, to find out they now earn 5% per day on $2.00 worth of daily payouts. Wonder how many years it will take to ROI at $0.10 / day.


Any new coins being added to the up and working CNv8?
The strength of the pool comes from mining the most profitable coins and being able to select payout in coins other than what you mined.
CNv8 having only 1 coin means it never swaps or finds any higher profit than that of a pool with a static port to just mine that 1 coin.
I second this
I'd love to get new coins for that algorithm.

Are you aware of any? I don't know of any coins that are listed on any exchanges that have an API and that accept US customers.
Apparently Monero Forked yesterday, They dont use CNv8 anymore they use CNv4, It seems the only coin that has followed monero thus far is Lethean.

You could Add it as it is traded on Stex.

https://www.cryptunit.com/coin/LTHN
User avatar
Steve Sokolowski
Posts: 3808
Joined: Wed Aug 27, 2014 3:27 pm
Location: State College, PA

Re: Updates on algorithms

Post by Steve Sokolowski » Sun Mar 10, 2019 5:05 pm

hobospices wrote:
Steve Sokolowski wrote:
hobospices wrote:
I second this
I'd love to get new coins for that algorithm.

Are you aware of any? I don't know of any coins that are listed on any exchanges that have an API and that accept US customers.
Apparently Monero Forked yesterday, They dont use CNv8 anymore they use CNv4, It seems the only coin that has followed monero thus far is Lethean.

You could Add it as it is traded on Stex.

https://www.cryptunit.com/coin/LTHN
This is sort of ridiculous. There is no way we could possibly keep up with this.

If Monero did fork, I think that's a sign that we should be focusing on the core algorithms of scrypt, equihash, x11, and SHA-256. After thousands of dollars spent on version 8, I don't know how we can keep up with this.
Post Reply