Posts Tagged ‘DOGE’

CEX.io Adding LTC Mining to their Pool, LTC Cloud Mining Coming?

11, Mar 2014

ghash-io-ltc-mining-pool

It seems that the CEX.io cloud mining service for Bitcoin has added support for Litecoin (LTC) mining in their pool Ghash.io and this could also be a sign that the service might also plan on introducing Litecoin cloud mining soon. The LTC mining pool is with a mining fee of 0% just like the fee for the Bitcoin mining pool.

Stratum Server: ltc.ghash.io:3333. Please use -scrypt -o stratum+tcp://ltc.ghash.io:3333 in your command line. You should name your workers username. (e.g. username.worker1). Workers are added automatically, you can use any/empty password.

For the moment there is no official information about the addition of LTC mining pool or any future plans for adding LTC cloud mining capabilities, but we suspect that this is something that might soon happen…

Update: More alternative crypto pools are appearing on Ghash.io, aside from LTC there is now DOGE, AUR and FTC. Though unlike with LTC there is nothing yet in the CEX account balance for other new crypto coins, so it is a bit unclear how you will be getting the coins if you start mining them now.

– For more information about the Ghash.io mining pool and to try the LTC mining functionality…

Litecoin Difficulty Up Again, DOGE Profitability Getting Better Again

17, Feb 2014

litecoin-hashrate-new-difficulty-change

Litecoin (LTC) difficulty has gone up again for the next 3 days. After DOGE coin moved past block 100000 and the reward per block was halved and the recent fork on the DOGE network accompanied by panic sell from some users things are finally getting back to normal. What also helped for that was the adjustment of difficulty for the LTC, going up by a bit more than 19% to 3207 has made DOGE much more profitable to mine at the moment. The DOGE difficulty has also decreased a bit, so as soon as the pool you are were mining DOGE has updated their DOGE software you can move back to mining DOGE again. Another good thing with the increase of the DOGE profitability, our new favorite backup pool LTC Rabbit has again started mining alternative cryptos such as DOGE and pays alt coin bonus after a few slow days with only LTC being mined. For the moment the alt coin bonus payed in LTC is small, but it should increase more after the next 4 hour shift is over due to the increase of DOGE profitability. Hopefully things with the recent BTC exchange issues will continue moving in the right direction and we should see the exchange rates for bot LTC and BTC starting to get back to their normal levels.

DOGEcoin Network Fork Causing Momentary Panic Sale

17, Feb 2014

dogecoin-fork-panic-sale

There was a momentary panic sale apparently caused by a network fork for DOGEcoin, but it seems things are getting back to normal now. There could be some delays processing transactions though due to some pools and exchanges not running the latest version of the doge client software, and some pools such as Multipool have temporary disabled DOGE withdraws until they fix the problem. Just don’t get the panic get a hold of you, things are already getting back to normal. Below is some info from the developers:

The network has forked around block 104678. From my first investigation, it looks like the version below and above 1.5 disagree on the correct blockchain. Currently, the clients below 1.5 stopped accepting new blocks. Solely the 1.5+ clients are now generating and accepting new blocks. Older nodes will generate blocks too, but those will be rejected by the network as 1.5+ nodes are used by more than 51% of users.

THIS IS NOT A 51% ATTACK!

We are actively looking into why this happened. I can’t say much yet (I’m at work), but the safest currently is updating your client to 1.5.1.

Pool owners: I know about that issue with 1.5+, but there is currently no other way, as we can’t patch 1.4 so fast. We have to investigate why that fork happened. A debug.log of a 1.4 node could help.

Try to reduce your transactions to a minimum while this is being worked on. Check your block count in the bottom right corner of your wallet to see on which side of the chain you are. As of writing this, my client shows ~104773 blocks. This seems to be the currently longest, therefore “correct” chain.

– You can find more information about the DOGEcoin network fork here…


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