Dogecoin pool hashrate distribution agreements
Awesome, but I put in my email and I've been on there for mining a minute and nothing pool happened. By spreading out the hashrate it protects Doge. Dogecoin easy to unminify. No more withdrawals will be processed until Optimization wake up. I think a levelheaded, educational post similar to this would be distribution as one of our two stickies note that we can only have two at a time. Feel free to mine with us and also spend some time on our IRC channel. I joined dogechain but I'm only getting half as much when I was mining with dogehouse.
However, I'll stick with them because they are an official part of Doge. The underdoge mining pool. I'm not sure but in the long run I think all pools even out. Also, they have a K giveaway soon according to their front page.
I moved to dogechain and so far so good! I started with dogepool. Dogechain had one downtime right as I got there and then they upgraded the pool servers and it's been up for days in a row since. I'm a tiny little miner about 50 KHash and I've been pleased with the steady payout from dogechain. Currently I am on nut2pools and the payouts seem pretty good a lot better than Poolerino , but I do miss the chat box and community: I feel like a lonely doge on there.
Teamdoge has the best irc for any pool I've come across. Come say hi even if you don't mine there. Yes, its been great so far. We are currently stuck though: Is there some sort of list over the pools that shows hashrate, amount of rejected shares and such? How hard is it to switch pools? After just starting with dogehouse it cant be too difficult can it? I've just started on my GTX SC rig and after a quick scare have about mighty dogecoins under my belt.
Rig stays at 70C. Don't want to break it as its almost brand new and it started to smell funny: What does donating to the pool do? I don't see anywhere where they explain what the donation goes towards, a little more transparency could lead to larger donations ;. If they already charge a fee you really shouldn't donate unless you're super nice.
You can keep the donating amount and donate to the dogecoin foundation instead! The Dogecoin Foundation is a non-profit organization created by the founders of Dogecoin for the purpose of spreading the use of the currency through goodwill and charitable endeavors. We also provide incentives for developers to work on projects that will enhance the experience of using the coin as chosen and voted on by YOU. So whether there is a project that you would like to see happen or you just want to spread the love using the magic of doge, please consider making a dogenation today.
Only negative is a 10k Doge minimum to auto transfer. After my loss on EJPool in Litecoins, I very wary of keeping any quantity of coins anywhere but my wallet - just means I need to log in every 12hours or so to manually transfer. Much Easy, Many Fast! That's a good worry to have, I would suggest having a cold storage wallet as well. And make sure you encrypt your wallet. I am also mining on Multipool.
There is a 25 doge fee for withdrawals of less than doge so I have auto-withdraw set at Also, try entering any number under as well as your PIN, and resaving your autowithdrawl - if you have not updated your settings, I am not sure if auto would still work or not.
New rules are 1. I believe they changed this due to a backup of Doge withdrawls. Ladies and gentlemen, I'm not in this for the quick mining profit and I dont care how long it takes my small pool ypool to give me payout becuase they are slow to find blocks. Been mining in the pool by hashfaster. They seem trustworthy to me, but i'm still getting started, so if anyone knew different, please tell me ;. I really like this pool: However I'm still fairly new to this mining thing and haven't tried may others.
I like the community though, there is always someone chatting about Dogecoin. Also we help new shibes: Come check it out! I'm over at www. Decently low fee too. I started mining at doge. What I just fear is that when I move pools, I may be getting lesser payouts. My lowly rig is so slow. DogeHouse has treated me pretty well for several weeks but it is a good idea to attempt to balance out the net hashrate amongst multiple pools.
So far, after switching to fast-pool it has been going well cept for the website being inaccessible most times I try loggin in. I've been mining with Dogehouse since my first day in mid-December.
They are the number one pool because they did and do the best job of maintaining uptime and making payments. I think these posts are self-serving bs and anyone who leaves Dogehouse deserves the lesser experience they are going to get.
So take these claims from rival pool owners with a grain of salt. They can't compete on the merits of their pools so they try to compete with rumor, innuendo and deception. For the record, I have no interest in Dogehouse except as a satisfied customer. You can come to the Dogehouse IRC and chat with me if you happen to catch me in the minutes a day I spend there. Posts claiming that are written by rival pool owners with a case of the sour grapes.
Could you please clarify this? At what point by percentage of total network hashrate will they stop taking in new users? Stating that those who wish to protect Doge should have a "lesser experience" is somewhat misguided. Please tell us how much hashrate a big pool would have if the other two pools were attacked or otherwise caused to break for a period of time.
I have no gripe with any pool. I am stating that no pool should have a significantly large share of the total hashrate Once a pool gets a large enough percentage of the hashrate, it does not require a determined or premeditated action to cause problems in the blockchain. This is not conjecture and I would strongly suggest as many miners as possible to read up and decide for themselves. However, I agree that it doesn't hurt to have competition out there.
The real challenge is for other pools to offer compelling reasons to switch. All's fair in love, war and capitalist competition. Well, there's the point. A pool should not put themselves into a position where users should consider leaving. If any pool owner can maintain their servers at such high usage, they should be congratulated for that but because of the way the cryptocurrencies were setup in the first place it's a very real threat to the whole network.
Because you mention "competition", that also suggests you don't understand. This isn't an attack or personal comment at you.
It is not about competition though many seem to think it is. This is about having a fair and impartial verification over the entire doge blockchain and network. This is not going to be the case if any pool or individual has a majority of the hash rate. On average it isn't a problem.
Now I know this guys are awesome and they are very good at pool maintenance and protection, but they can become victims of their own success and I do not want to lose them nor I want them to have to deal with a potential PR disaster.
The hash rate swung between the coins for roughly a month as miners switched back and forth. When, in , Bitcoin Cash had higher mining incentives per unit of time than Bitcoin, many miners switched to Bitcoin Cash, repeating the pattern of As figure 4 shows, miners followed the money back then too. A key difference is that even after the difficulty found equilibrium, Dogecoin at times offered higher USD value of mining incentives.
Bitcoin always had higher incentives per block than Bitcoin Cash. The higher incentives of Bitcoin Cash came per unit time from its faster blocks and as soon as the difficulty returned to equilibrium, Bitcoin regained its position as the highest incentive SHA coin. Transaction fees were not included in the mining-incentive calculation. In order to calculate mining incentives for Dogecoin, we had to consider what occurred in , including six changes to the block reward and two hardforks.
These changes are outlined in the table of figure 5. Dogecoin DOGE event timeline. As figure 5 indicates, on 17 March , Dogecoin changed the difficulty adjustment algorithm, reducing the target time to just one minute one block in order to try and alleviate some of the disruption caused by the hash-rate volatility.
In September , Dogecoin activated its merged-mining hardfork. Merged mining is the process by which work done on one chain can also be considered valid work on another chain. Dogecoin can therefore be thought of as an auxiliary blockchain of Litecoin, in that Dogecoin blocks contain an additional data element pointing to the hash of the Litecoin block header, which is considered as valid proof of work for Dogecoin.
The merged-mining system is considered the ultimate solution to the hash-rate oscillation problem, ensuring stability even in the event of sharp token-price movements. The Bitcoin Cash community is unlikely to want to implement merged mining, perhaps for political reasons, in the medium term. Some in the Bitcoin Cash community see Bitcoin as an adversary chain, rather than one with which it should coexist peacefully.
Allowing merged mining can be considered the ultimate peace arrangement between two chains. Initially, some in the Dogecoin community were also unhappy about merged mining, but the community eventually realized that it was the best solution to their hash-rate oscillation problem.
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