Multipool - A Bitcoin, Litecoin, and Altcoin mining pool.

[Dev] Halvening; what, when, why, and what it means

In slightly over a day, the 300,000th block will be mined and the mining rewards for Dogecoin will halve from their current levels. As of 300,001, miners will get 62,500 DOGE per block; you can see the full mining schedule in the README file https://github.com/dogecoin/dogecoin/blob/masteREADME.md This is a normal part of the process of reducing the Dogecoin rewards over time, as we move from a mining-heavy design to a functioning economy with coins being earned more through exchange of goods and services.
The lead developer, langer_hans, wrote an excellent post on this last halvening, and I'm going to simply cut and paste much of it below with just minor updates. You can read the original at http://redd.it/2443w9
Should I be worried?
No, you don't need to be. Everything happens automatically. Also you won't lose coins.
I'm a X, what does it mean for me?
Miner: For the same hashing power, you will get half as much Ð. If you got 1000 per day before, you'll now get 500 per day, presuming the difficulty stays the same. That said, with the drop in rewards, we may see a temporary dip in difficulty as miners move between coins, which should balance back out quickly.
Trader: It's generally developer policy not to give trading advice, however looking back at the previous halvenings might provide some insights. The first halvening provided a dramatic price rise, but one which ultimately proved unsustainable and led to the current price correction. While reducing the rate of coin creation inevitably have an effect on supply, adoption of the coin likely to be the more significant factor. As always, you should be comfortable with your own trading decisions, and consult an expert if unsure.
Shibe: Wow. Such halvening. Much excite. Very hype.
Will this affect Multipools mining us?
This remains to be seen. Multipools are profit switching pools. If you receive half the coins and in the same time their price in exchange to the pool's payout currency doesn't rise, the profit will be cut half too. That would probably make other coins more profitable to mine by them. If suddenly our price rises by 100%, I'd guess we see multipools again. Not really easy to predict.
What does all that mean for the long term?
Well, seeing how this halvening goes gives us some valuable insight of how the network reacts to this cut in profitability. This information should be helpful towards our decision what to do about the PoW/PoS/Merged mining/xyz discussion.
Some more news
The first 1.7.2 beta should be out tonight. We remain the fastest altcoin for merging in new patches from Bitcoin Core, as well as having one of the stablest clients. 1.7.2 primarily brings in bugfixes, although payment protocol is also enabled in 1.7.2 (it was taken out of 1.7 for further testing). I'll post more about payment protocol once the beta is out.
The dev fund has passed the three million mark, which will primarily be used to support development of 1.8. Thanks to everyone who contributed!
Edit: Dev fund, for those who asked, or I'll roll tips into the fund tonight for those who prefer to tip here: https://chain.so/address/devfund
Edit 2: Corrected reward, was off by 250Doge
submitted by rnicoll to dogecoin [link] [comments]

Coinmine over 50% of the network, spread your hashes around!

I've been following the official ANN post on bitcointalk and this seems to be glossed over. Thanks to CHAOSiTEC for providing the following link:
http://darkcoin.mine.nu/poolhash.html
When this happened to Bitcoin and Litecoin, the big pools shut off new registration but it doesn't appear that Coinmine is doing that. Help secure the network, spread your hashes around to the smaller pools!
I just switched my miners over to P2Pool which is the ideal scenario, though the only downside is it takes about 24 hours to get your payouts up to their expected values. This is by design to keep multipools away from hopping on and off (as far as I understand it). No registration, just point your miners toward the node with your Darkcoin wallet address as username and anything as a password. Fees on each node are listed. Use the closest/lowest latency node as latency can affect rejects.
P2Pool nodes:
http://darkcoin.mine.nu/
submitted by they_see_me_fappin to DRKCoin [link] [comments]

Electrum Change Address question

Hey guys i have a quick question. I recently switched to multipool from single pool. I was mining dogecoins before this but then i decided to go ahead and see what the fuss is about multipool for myself. Anyways, coming to my question. I recently downloaded Electrum as my wallet. I was on wafflepool to see how to set up my cgminer. Under the information provided on wafflepool, they said to use the bitcoin wallet address from electrum wallet as your user name and password could be anything i wanted. So i went on my wallet, under receive tab, and clicked on "change" over there is gave me 3 alternative addresses beside the addresses already under receive tab. My question is since i didn't use the address under Receive but instead used the address under change as my username, will i get a payout or i would need to change my username to the address under receive to get a payout. The reason i am asking you guys this is i am getting 1.4M/s, with that i will get a payout by the end of 24hr period, i just do not want to waste a day and turns out the reason i didn't get any payout was because of an address issue. Thanks for reading and your help
submitted by MoonShibe23 to Bitcoin [link] [comments]

CCminer config file problems, need some help.

I am trying to set up ccminer so I can run on Nicehash and fail over to a few others depending on current payout. At first I was getting this http://imgur.com/Se8b5kt even though I am not doing any heavycoin at all so I added a vote to the .bat launch file and that went away now I get http://imgur.com/4mVV9zE "ccminer21.exe: no URL supplied"
Config file as it stands right now for testing
{ "pools" : [ { "url" : "stratum+tcp://stratum.nicehash.com:3333", "user" : "BITCOIN ADDRESS", "pass" : "p=4.0" }, { "url" : "stratum+tcp://stratum1.suchpool.pw:3335", "user" : "MY USER", "pass" : "PASS" } ], "failover-only" : true, "failover-switch-delay" : "30" }
Just to see if it would at least connect, haven't gotten the algos set on it yet, I did try the default multipool file supplied on the site too from sgminer and got the same problem.
Is there a difference in syntax for CCminer over sgminer, I cant find any good example files for ccminer and its driving me nuts.
Edit: Update I have it workign with a single pool now
{ "url" : "stratum+tcp://stratum.nicehash.com:3333", "user" : "Bitcoin address", "pass" : "p=0.8", "algo" : "x11" }
But can NOT get it taking a longer list of pools.
Edit 2: I had found github notes stating stuff about failover for cudaminer but thats not applied to cuda or ccminer yet apparently. I did find https://github.com/KBomba/failover-ccminer-bat though which should be useful
submitted by Langly- to NiceHash [link] [comments]

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Multipool has a 1.5% fee, with the exception of Bitcoin Classic, which is currently 0%. CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome . Payout in BTC (Bitcoin address must be provided using the *-Wallet* command), or any currency available in API (Advanced configuration via config file required, see below). MiningPooHub-Coin allows mining selected coins only, e.g mine only ZClassic (Advanced configuration via config file required, see below). - Nicehash(old) https://www.nicehash.com / https://old.nicehash.com Payout in BTC ... Your Bitcoin payout address. If both parameters - general and pool - are present, then the pool parameter takes precedence. So if there is more hash power on the network the difficulty of mining the target hash increases to maintain that average rate. But because there are many kinds of currencies, the rewards of mining are variable. Stock Tips Canfinhome, Results, content and reviews on ... Merged Mining Pool for Bitcoin, Litecoin, Dogecoin, Darkcoin, and other alternate cryptocurrencies. Bitcoin Wallet oder 'Schildbach Wallet' war die erste mobile Bitcoin-Wallet. Bitcoin Wallet ist sicherer als die meisten anderen Bitcoin-Wallets, weil sie einen direkt mit dem Bitcoin-Netzwerk verbindet. Bitcoin Wallet hat ein simples Interface und genau die richtige Menge an Funktionen, die sie zu einer großartigen Wallet und einem großartigen Lernhilfsmittel für Bitcoin-Anfänger macht.

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How to Get Your Coinbase Bitcoin Wallet Address - YouTube

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