My thought exactly. It would take over 66 downloads to trigger a ban. This incident has wasted a considerable amount of my time and I am not happy. As if I had not had enough distractions recently, this is another setback to my software development effort that I could do without. Whoever did it, I don't want to know.

Yes it could be that, but I doubt it. Most people would give up after a few tries and failures, or spend hours upon hours getting nowhere - it would be quicker to just let a new wallet sync up normally.

The download routine that I have built into my new software suite uses wget.exe, which deals with network glitches by reconnecting and downloading from where it left off. It does not generate extra network traffic by restarting from the beginning. I have also engineered it so that it cannot be run directly by the user but will only run in very specific circumstances when needed. This should help prevent any abuse in future.

Just looked at my wallet.

Aww man you did not have to do that, but thank you very much indeed

It's real amigo. After your post I checked it myself and have no problem with the login!

Now it works,damn GFW!
Thanks!

Thanks. Welcome in our Magical Magi community!
Any questions just ask here!

I was wondering the same thing yesterday...

I'm looking forward to that. I have a feeling that he has something wonderful for us in the pipeline

Probably about time for a repost ...



OVERMINING: BAD

The current situation is that we have a total hashrate of about over well over 50000 Kh/s
The blockchain produces 480 POW blocks a day. If these have an average reward of 2 XMG (like now) then the total coins mineable in a day is 960 XMG - let's be optimistic and called that a round 1000 XMG.

So if you are lucky enough to throw 5000 Kh/s at it, the expected share would be:-

1000 times 5000 divide by 50000 = 100 XMG per day

... or in English, about a quid a day - about a quarter of the price of a pint of beer around here and really not worth burning all that electricity for.

Edit: Smaller miner at 25 Kh/s getting 0.5 XMG per day

LIMITED MINING: GOOD

Now I already pointed out that if the 33 miners (that is just 3 percent of all miners) currently throwing over 250 Kh/s at it ALL reduced their output to that level, we would shave about 25000 Kh/s off the total hashrate and start hitting the Sweet Spot. Let's say that average block rewards go up to 30 XMG and have another look.

480 blocks times 30 = 14400 XMG

So if you are throwing 250 Kh/s at it and the total hashrate is now only 25000 you get:-

14400 times 250 divide by 25000 = 144 XMG per day

There you go - 44 percent increase in daily income for one twentieth of the effort electricity cost. Simple arithmetic, no smoke or mirrors, I kid you not, trust me on this.

Edit: Smaller miner at 25 Kh/s getting 14.4 XMG per day

How about average block rewards of 40 XMG? Nicer still.

This ought to be the best incentive. It does however require intelligence and courage to implement the change to a better way. The alternative is to keep chipping away for dust and make everybody else do the same, which is pathetic and stupid, possibly spiteful. Certainly not community-spirited

thanks man for this great explanation, i hope that ppl learn about it, i think that maybe a nice solution for this will be that pools start to put  limit for their miners, you know 250kh/s, like some of our pools already did, btw there will be always ppl who try to fu*k ppl just for fun, because is the only reason i can find about this.