Is it just me, or is anyone else watching Clevermining rape NLG right now? Difficulty drops, they mine 15 blocks in a minute. Difficulty spikes because of them, and we get stuck with the 40 minute block time until a different pool mines the block that block that drops the difficulty back down. Can anyone confirm the DGW3 update is WAI? Is this what we were shooting for? No offense to the devs or the community, please don't take it that way. I'm just stumped as to why no one is making note of this.
As a small pool operator, I'm kind of at a crossroads right now. I can't compete with Clever and Hardcore pegging 95%+ of the blocks everyday, but I'm still hopeful that my pool will find it's place with this coin. I'm not saying all this so people can say, "oh poor Fuse". I'm just a little frustrated with the fact that Clever is still raping the coin, and small pools can't compete with only dedicated NLG pool.
Should I just give up trying to compete?
-Fuse
EDIT- Let me go on record as stating I was all for the DGW3 update. Please don't think I wasn't. I'm just wondering upset Clever is destroying us right now.
my 2 cents.. if you read back the last 20 days of posts.. many are making note of this.. some have thought this was a bigger deal than others.. some were talking about this much earlier.. but eventually everyone is coming around..
Last update from the NLG dev team, I believe they said clevermining cut back the total hashrate periodically pointed at Guldencoin to 1/12th the their total hashrate.. problem is total clevermining hashrate is currently 350GH. so 1/12 of that is ~29GH.. meanwhile, our largest dedicated pool to NLG (HC-miners) has a hashrate of 0.7GH.
I don't think clevermining is angry.. if they wanted to screw us over, they could point that entire 350GH at NLG for an hour straight.. then we'd really be in trouble.. the clevermining op is willing to work with us to avoid long block gaps, and we are very appreciative of that.. but there is a more systemic problem.. clevermining wants to grow, and they have a responsibility to their users to pay more per day than if they would just be mining litecoin. if they don't, another switching pool will, and clevermining users will say adios and flock to the new best switching pool in town. I'm surprised there isn't a service that enables miners automatically switch between the most profitable switching pools.
Anyways, this obviously isn't good for small market cap scrypt alt-coins.. popular sites like gawminers don't help either.. where you buy a cloud scrypt miner but you can only point it at a few switching mining pool.. not a dedicated coin pool of your choosing.. ironically I believe I saw an ad for gawminers at hardcore miners website a few days back.
BTC is large enough were they don't have to worry about this.. (debatable).. However, for the rest of the scrypt coins, there is a network effect occurring against them and money talks.. a scrypt miner may be better off pointing their rig at a switching pool to earn btc, then buying NLG on an exchange with that btc as it's dumped by the switching pools.. so respect to the pool ops and miners (small and big) 100% dedicated to NLG. Also thanks to CIG for trying to keep those pools going with a little extra NLG incentive.
let's keep the discussion going and be open to new approaches to solving this.. learn lessons from other coins.. if this is not the best place for the discussion then on a dedicated forum page.. apologize for the wordy post. nlgstats.iblogger.org will continue to track clevermining and the block gaps.
Edit - also apologize if i'm way incorrect on some of these things.. new to crypto..