Okay I restarted, and it started to sync right up.
@mjay you lucky son of a gun, as soon as you move it over there, you find a block!
Speed hacks
@Fireduck Have you thought of adding a stable coin component at some time in the future? XHV Haven is working on adding a stable coin feature to have two concurrent currencies XHV and XHVD. 1 XHVD=1 USD. They are doing this with burn and mint transactions. The dollar amount one burns of XHV becomes the amount of XHVD minted into a stable USD value. And if one wants to return to XHV one burns the amount of XHVD back into the value of XHV. So is XHV traded at $2 and I held 100 XHV and I wanted to turn it into XHVD I would get 200 XHVD. If XHV increased to $4 and I wanted to return the XHVD to XHV, I would get 50 XHV in return. The drawback of incorporating a stable token this way is that there is no way to regulate the outstanding supply of the primary currency unless the amount of primary coins able to be minted from the stable coin is limited to only what the current supply would be from mining only. The other way to solve it would be to only allow one way minting: Allowing the primary coin to be burned and minted into the stable coin. And then forcing the stable coin holders to buy on the exchange. That is actually the best way to incorporate a stable token. Then burning into the stable coin acts as a drain on supply and there is pent up demand from holders of the stable coin to buy up existing supply. That would work nicely.
That sounds insane. So no, never thought of it.
Sounds neat though, yes?
I don't understand it yet but yes
https://youtu.be/XLeUvZvuvAs YouTube Video: Sesame Street: Janelle Monae - Power of Yet
Basically burn the primary coin into a stable coin that is the equivalent of $1. Then force the stable token holders to buy the remaining supply of the primary coin if they want back into the primary coin.
It's a great way to drain supply.
Something to think about
Interesting. Sounds difficult to do right though. How does the network reliably know the exchange rate? I imagine it'd be hard to programmatically account for OTC valuations
I have way funner insane plans in mind
@Eric you use an oracle of an average of exchange prices. Kind of like how coinmarketcap displays prices, as a weighted average based on exchange volume
@Fireduck that's exciting.
MakerDAO is a live implementation of this
https://makerdao.com Dai is a decentralized digital currency with stable value; the next step in the evolution of money.
https://mkr.tools/ MKR tools is an interactive dashboard to track CDPs and the overall DAI system.
i see a ton of projects trying to reinvent this
@Rotonen who is 7wnx27adsfs53c38swl9tfsv4z7hazha5y47y5x2? He has 448k unpaid shares on your pool, thats worth a lot of blocks
@mjay not really that many, depends on how quickly new blocks are hit
@mjay seems you’ve on your way to overtaking too, i think the pool counts things as diff 22 shares, and blocks are diff ~38 currently
@mjay in about ~4 days you’ll have cleared the table if you stick to it and the nethash does not explode in the meanwhile
or maybe a lot sooner, actually, you’ve already hit 3 blocks it seems
3 blocks with 83k shares, thats over 100 coins i missed so far
I´ll switch to hamsters pool again, this is just a waste
yeah, you’d have to bring a few people over to clear the table in reasonable effort
i think that’s still mining remnants from when nethash was over 2Gh/s
shouldn't these shares have gone away after 5 found blocks. because of pplns?
i think the last block the pool found was in early july
and now three
so in 2 more blocks, it would
@Fireduck btw. the discussion above is why i’d like the estimates of the next payout there
as in shares about to fall off, or just rather 5 columns of shares
ah. okay. that makes sense.
just 2 more blocks is okay for me, I was expecting like 448k/83k * 3 = 16 blocks
2xEpyc 7601, 64 cores 128 Threads total, 16x16GB DDR4 Reg 2666, mining from ramdisk => 5.1Mh/s
Not as much as I expected
620W at the wall
@mjay that’s 16 NUMA nodes, you gotta ensure your seeks distribute evenly across them
erm, 6 NUMA nodes with asymmetric channel counts?
as in 8 channels per socket and 3 nodes per socket, funtimes
you need to find a way to lock memory
how can I even find out which page is mapped to which channel?
it gets gnarly when you go deeper into the guts of modern hardware
Just curious, is SnowBlossom paying a listing fee to be on qtrade?
i am not sure. but i think not.
@mjay what is the bottleneck with that configuration?
@CryptoQuan i’d also love to know how that sorta stuff works in general for different kinds of exchanges, but that’s not really something one can expect to be transparent
but on a general note qtrade seems to have their collective head on straight, and that’d imply to me they’re in for the long haul for anything they list and thus they’d not need such for keeping the lights on
In my discussions with them, they seem very sharp and asking the right questions
we are not paying a listing fee
now with even more stats and links people might actually pick up on https://snowplough.kekku.li/ A Snowblossom mining pool which tries to do things slow, steady, stable and thorough.