BitShares Forum

Other => Graveyard => MemoryCoin => Topic started by: seraphim on February 07, 2014, 05:56:39 pm

Title: hashrate down (was: 1gh under ddos, 90% hashrate gone)
Post by: seraphim on February 07, 2014, 05:56:39 pm

Thanks to all the people who don't care about hashrate distribution over multiple pools :P

The Kimoto Gravity Well will take care about it, but it needs some blocks - join mmcpool or dwarfpool if you're not already mining there!

Title: Re: 1gh under ddos, 90% hashrate gone, no block found since half an hour
Post by: Delinquency on February 07, 2014, 06:07:26 pm

Interesting.

Seems that MMC is back on the table for profitability... Just gotta have someone DDOS 1gh.
 +5%

Title: Re: 1gh under ddos, 90% hashrate gone, no block found since half an hour
Post by: caliboy on February 07, 2014, 06:26:17 pm

Quote

Seems that MMC is back on the table for profitability...

Really ?0.00019004 MMC/BTC is good lol ???

Title: Re: 1gh under ddos, 90% hashrate gone, no block found since half an hour
Post by: seraphim on February 07, 2014, 06:38:10 pm

caliboy, what do you expect?
Everyone with a cpu that isn't antiquated can mine it, and if you sell right now you still get out more than the electricity used to mine costs. Even with the ridicolously high energy prices here in germany (0.33$/kWh) it's nearly a 2x roi.

That's been the plan from the beginning - so what's the problem?

Title: Re: 1gh under ddos, 90% hashrate gone, no block found since half an hour
Post by: cudido on February 07, 2014, 06:41:49 pm

this?

(http://i61.tinypic.com/2a77kmh.png)

Title: Re: 1gh under ddos, 90% hashrate gone, no block found since half an hour
Post by: KillerByte on February 07, 2014, 06:44:51 pm

no, I think a big miner left... 1gh does not seem to be DDoSsed on the MMC pool (the max pool was DDoSsed last time I check though)

Title: Re: 1gh under ddos, 90% hashrate gone, no block found since half an hour
Post by: seraphim on February 07, 2014, 06:49:14 pm

yes, seems you're right. we probably just lost a botnet...

Title: Re: hashrate down (was: 1gh under ddos, 90% hashrate gone)
Post by: Delinquency on February 07, 2014, 06:58:16 pm

As difficulty goes down, profitability for miners goes up.
So what about the price? Difficulty can be 50% of what it is now and the price can still be profitable.

Title: Re: hashrate down (was: 1gh under ddos, 90% hashrate gone)
Post by: KillerByte on February 07, 2014, 07:05:25 pm

Quote from: Delinquency on February 07, 2014, 06:58:16 pm

As difficulty goes down, profitability for miners goes up.
So what about the price? Difficulty can be 50% of what it is now and the price can still be profitable.

Ordinarily, I would say the price would go down because it is easier to mine, but the same amount of currency is being released, so it could make no difference.

Title: Re: hashrate down (was: 1gh under ddos, 90% hashrate gone)
Post by: Delinquency on February 07, 2014, 07:07:10 pm

31k MMC was dumped at one time at around the price that the big miner(s) left.

Title: Re: hashrate down (was: 1gh under ddos, 90% hashrate gone)
Post by: ManeBjorn on February 07, 2014, 07:55:15 pm

Hmm that is interesting.
I sold 130 MMC myself to buy some BFL chips for my Jalapeno upgrade.  I did not know so much was being sold.

Quote from: Delinquency on February 07, 2014, 07:07:10 pm

31k MMC was dumped at one time at around the price that the big miner(s) left.

Title: Re: hashrate down (was: 1gh under ddos, 90% hashrate gone)
Post by: smokim11 on February 09, 2014, 03:38:52 am

Holding on still, could of cashed out about a 1000$ worth of MMC, now barely worth a 100$.

Will HODL no point in selling even one MMC at the moment.

Title: Re: hashrate down (was: 1gh under ddos, 90% hashrate gone)
Post by: jworm on February 09, 2014, 11:12:33 pm

The drop was caused by the MAXCOIN release.

Title: Re: hashrate down (was: 1gh under ddos, 90% hashrate gone)
Post by: h0g0f0g0 on February 10, 2014, 07:31:50 am

MMC actually means Mad Max Coin, so all Max lovers should love it here ;)