[ANN] Anonymous, Geobalanced DwarfPool for Memorycoin (CPU/GPU)

[Delinquency]

Is there an issue with the mmc pool ?
I got this error:

Code: [Select]

[2014-03-01 14:05:42.301344] MMC Agg. SPM: 20.707, HPM: 22.377; Rnds C/I: 63/0, Don. C/I: 79/32; Cfg/Wkr SPM: 20.707/1.5215, Cfg/Wkr HPM: 22.159/1.3850 142 rnds AV=2, ART=43322
[2014-03-01 14:05:42.301370]   moria.dwarfpool.com: Failure, Shares Submitted 0, Accepted 0
[2014-03-01 14:05:42.301375]   erebor.dwarfpool.com: On-line, Shares Submitted 17, Accepted 0
[2014-03-01 14:05:42.301379]   work.mmcpool.com: Idle, Shares Submitted 0, Accepted 0
[2014-03-01 14:05:42.301382]   mmcpool.1gh.com: Idle, Shares Submitted 0, Accepted 0
[2014-03-01 14:05:42.776368] Found solution - 1610 / 1968 / 3093848796
[2014-03-01 14:05:42.776415] Share found!
[2014-03-01 14:05:43.171174] getwork: Rejected share, reason: false
[2014-03-01 14:05:44.919707] Found solution - 797 / 1968 / 2283288260
[2014-03-01 14:05:44.950842] Found solution - 2836 / 1968 / 2330885166
[2014-03-01 14:05:44.950891] Share found!
[2014-03-01 14:05:45.350686] getwork: Rejected share, reason: false
[2014-03-01 14:05:45.847514] Found solution - 3795 / 1968 / 1367379459
[2014-03-01 14:05:45.847563] Share found!
[2014-03-01 14:05:46.269629] getwork: Rejected share, reason: false


My CFG:

Code: [Select]

mine = getwork://address@moria.dwarfpool.com:8080:8081:8082:8083/mmc
mine = getwork://address@erebor.dwarfpool.com:8080:8081:8082:8083/mmc


[toonces]

Is there an issue with the mmc pool ?
I got this error:

Code: [Select]

[2014-03-01 14:05:42.301344] MMC Agg. SPM: 20.707, HPM: 22.377; Rnds C/I: 63/0, Don. C/I: 79/32; Cfg/Wkr SPM: 20.707/1.5215, Cfg/Wkr HPM: 22.159/1.3850 142 rnds AV=2, ART=43322
[2014-03-01 14:05:42.301370]   moria.dwarfpool.com: Failure, Shares Submitted 0, Accepted 0
[2014-03-01 14:05:42.301375]   erebor.dwarfpool.com: On-line, Shares Submitted 17, Accepted 0
[2014-03-01 14:05:42.301379]   work.mmcpool.com: Idle, Shares Submitted 0, Accepted 0
[2014-03-01 14:05:42.301382]   mmcpool.1gh.com: Idle, Shares Submitted 0, Accepted 0
[2014-03-01 14:05:42.776368] Found solution - 1610 / 1968 / 3093848796
[2014-03-01 14:05:42.776415] Share found!
[2014-03-01 14:05:43.171174] getwork: Rejected share, reason: false
[2014-03-01 14:05:44.919707] Found solution - 797 / 1968 / 2283288260
[2014-03-01 14:05:44.950842] Found solution - 2836 / 1968 / 2330885166
[2014-03-01 14:05:44.950891] Share found!
[2014-03-01 14:05:45.350686] getwork: Rejected share, reason: false
[2014-03-01 14:05:45.847514] Found solution - 3795 / 1968 / 1367379459
[2014-03-01 14:05:45.847563] Share found!
[2014-03-01 14:05:46.269629] getwork: Rejected share, reason: false


[Delinquency]

Hi, Dwarfpool has two servers listed on the website but there are three servers indicated on OP.
The Canadian server has the lowest latency for me, how well does the server work in comparison to the other servers?

[Atrides]

in the interview with ghashio you can read, that they reduced their market share by themselves how I mentioned, because they didn't just want to make a profit out of the coin but to expand bitcoin community and develop the large bitcoin economic structure.

Well, of course it made sense for ghashio back then: PR attacks on them were undermining the bitcoin credibility and value itself, and they were heavily vested in bitcoin. Please note it was not them doing bad, but rather those attacking them. However, the MMC has something like a central authority by design: it is, naturally, the largest wallet in the system (save for bter perhaps who cannot bother playing voting ). This authority has already been executed on Newmine, and essentially nothing happened.

It isn't good to turn the subject ..

"Central authority by design" of voting in memoricoin is a little technical feature which is only interesting to some miners. But if you understood the point is, that success and value of coin do not depend on the miners, but on services and investors!
They prone to the influence of PR companies, NOT code is important in this context, but reputation of coin! if it is centralized at the POOL-LEVEL (do you realize the difference?) then the risk of fraud become very high, that means less confidence and interest.

Well, if you've mentioned the technical side, there is also no absolute certainty for investors in only one large pool
Just your article http://bitcoin.stackexchange.com/questions/658/what-can-an-attacker-with-51-of-hash-power-do
enlightens that the 51%-owner can prevent the confirmation of some transactions and so tricks.. ))

[Delinquency]

I have tested the stratum server: not quite working yet, however I could give you some sympathy for how many getwork requests that pool owners are receiving.

My stratum server crashes after a minute or two of running, and none of the shares get submitted from stratum+tcp://moria.dwarfpool.com:3334

I'm sorry, how can you test stratum?
Stratum works on pool because the stratum is the core of pool, and getwork is just proxy for stratum.
We don't have stratum-clients currently.. it is just in development

Well you listed that the stratum port is 3334 so I tried it.
Guess it's still in development.

[reorder]

in the interview with ghashio you can read, that they reduced their market share by themselves how I mentioned, because they didn't just want to make a profit out of the coin but to expand bitcoin community and develop the large bitcoin economic structure.

Well, of course it made sense for ghashio back then: PR attacks on them were undermining the bitcoin credibility and value itself, and they were heavily vested in bitcoin. Please note it was not them doing bad, but rather those attacking them. However, the MMC has something like a central authority by design: it is, naturally, the largest wallet in the system (save for bter perhaps who cannot bother playing voting ). This authority has already been executed on Newmine, and essentially nothing happened.

[Atrides]

I'd suggest that you educate yourself about 51% attack actually: http://bitcoin.stackexchange.com/questions/658/what-can-an-attacker-with-51-of-hash-power-do

Or are you well aware and just spreading FUD?

I am well aware and I'm just wondering, why you can't catch the sense of an "attack 51%"..

The sense of the cryptocoin is that it could not be controled by any centralized organization. If an attack 51% was to be carried out, the reputation damage would be irreparable, calling into question the reliability of coin as a universal means of payment. It would undermine confidence in the coin and destroy its value.
Investors are not interested in technical details. Cryptocoins as an innovation system is just highly vulnerable to emotional state of the users.

You know how it works for ordinary users (95%) that's enough to undermine the confidence in a service etc.(for example by dint of an attack..) and it is under distrust in spite of the fact that it is the best one.

I do not suggest, just if you want to expand your knowledge in this subject educate this for the beginning:

http://www.cryptocoinsnews.com/2014/01/09/warning-ghash-io-nearing-51-leave-pool/
http://www.heavy.com/tech/2014/01/ghash-io-51-percent-attack-bitcoin/
http://www.coindesk.com/bitcoin-miners-ditch-ghash-io-pool-51-attack/
http://www.wired.com/wiredenterprise/2014/01/ghash/

in the interview with ghashio you can read, that they reduced their market share by themselves how I mentioned, because they didn't just want to make a profit out of the coin but to expand bitcoin community and develop the large bitcoin economic structure.

[Atrides]

I have tested the stratum server: not quite working yet, however I could give you some sympathy for how many getwork requests that pool owners are receiving.

My stratum server crashes after a minute or two of running, and none of the shares get submitted from stratum+tcp://moria.dwarfpool.com:3334

I'm sorry, how can you test stratum?
Stratum works on pool because the stratum is the core of pool, and getwork is just proxy for stratum.
We don't have stratum-clients currently.. it is just in development

[Delinquency]

I have tested the stratum server: not quite working yet, however I could give you some sympathy for how many getwork requests that pool owners are receiving.

My stratum server crashes after a minute or two of running, and none of the shares get submitted from stratum+tcp://moria.dwarfpool.com:3334

[reorder]

I started the pool because of my sympathy to algorithm of memorycoin.
but the danger of extinction of coin is big because of too high concentration of the network hashrate on the one pool. if the system is compromised, there is not much faith in a coin and no big interest on buying it. This also can be one of the reasons why memorycoin is not accepted on the stock exchanges. At the moment the price falls, as well as difficulty of mining, minus 30% for 2 weeks means leakage on miners..

The same happened to bitcoin when ghashio almost closed to 51%, the pool cut down its power for itself.

I'd suggest that you educate yourself about 51% attack actually: http://bitcoin.stackexchange.com/questions/658/what-can-an-attacker-with-51-of-hash-power-do

Or are you well aware and just spreading FUD?

[Atrides]

s, how does adding other alt-coins to the pool server affect server load?

not at all

[Delinquency]

Thanks for the info--

I'm staying at and supporting dwarfpool because they first mentioned stratum protocol to achieve faster share speeds.

Oh and Atrides, how does adding other alt-coins to the pool server affect server load?

[Atrides]

The pool is occasionally reports slower HPM speeds for me.

I am losing 20-40% of my hashing power to this inefficiency.

My payouts are not affected but it is unlikely that I will continue to stay at this pool if the pool cannot process my shares while other powerful miners transfer over to this pool.

You do not lose any % of your power! The server stats only displays the rough approximate speed on the main page. But your payouts are calculated on the real sent shares.
Please, see it at your example. You get about 90hpm, that is ca.100 coins a day according to the calculator.
You mined incomplete 3 days, according to the calculator that makes 250 coins as a solo-miner, minus 2%fee =245coins. This compares with your payout 247MMC.

By the way, the DwarfPool is the most transparent pool, there is the most detailed and open statistic, no stealing shares and no hidden fees!

No matter what pool is, the miner's get the same mined coins. On the large pool you get often but less, on the small one rarely but more.
Profit depends on the pool fee, for instance, the middle-"big" miner(5khpm) could save around 500$/month by dwarfpool due to difference fees.


>if the pool cannot process my shares

The pool processes all your shares! Some shares are rejected on every pool, this it through an old getwork protocol used by pools.

I started the pool because of my sympathy to algorithm of memorycoin.
but the danger of extinction of coin is big because of too high concentration of the network hashrate on the one pool. if the system is compromised, there is not much faith in a coin and no big interest on buying it. This also can be one of the reasons why memorycoin is not accepted on the stock exchanges. At the moment the price falls, as well as difficulty of mining, minus 30% for 2 weeks means leakage on miners..

The same happened to bitcoin when ghashio almost closed to 51%, the pool cut down its power for itself.

[bppsp1]

Pool hopping only works if the whole network or large part hop around together.

Its very very unlikely that you would get any significant extra earnings by hopping mmc pools since mmc.1gh.com is about 80% of the network and doesnt hop around so in essence you would be the only one hopping around and 99.9% end up on mmc.1gh.com every single round just because its the highest hashing pool with the absolute least variance.

[Delinquency]

The pool is occasionally reports slower HPM speeds for me.

I am losing 20-40% of my hashing power to this inefficiency.

My payouts are not affected but it is unlikely that I will continue to stay at this pool if the pool cannot process my shares while other powerful miners transfer over to this pool.