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Multipools dumping Doge

Multipool- A pool of miners that automatically mine the least difficult, most valued and easily tradable cyptocurrency, at that time. These pools automatically! switch between coins as they become more valuable to mine. One of their favorites just happens to be Doge, alongside aurora and litecoin. They do this to maximize their daily mining profits. These coins are then automatically! sold for bitcoin on an exchange; dumping said coins for whatever they can get at the time! <-- For those that don't know :)
If a coin becomes the target of this, its value can be pushed down significantly! At the same time said coins difficulty increases because of the huge surge in hashing power by these multipools. Making it more difficult for dedicated miners. In fact, this has completely destroyed smaller coins before. <-- If you look at the difficulty chart here, you will notice that it looks like a saw. This is because we are being targeted repeatably by multipools.
These pools are causing our mining difficulty to jump from 900 to 1200 repeatedly (70gh to 100gh, global hashrate) This is a 25-30% increase over the entire global hashrate of all of the doge being mined everwhere!!
i.e. lets say we mine 360 mil Doge a day(what I saw quoted awhile ago) and 25% of that is being sold as soon as its mined. That would roughly be 90,000,000 coins being sold and dumped immediately!
So vast amounts of doge are being traded automatically for bitcoin and driving down our value. If you put a massive supply of anything to sell on a market, the supply outweighs demand and the price falls Thankfully, another halvening is just over a month away. This will make sure that we aren't one of the most valuable coins to mine and as such wont be targeted by multipools! Well, at least not until our value goes way up! If you can, buy doge now!, You will never see it this cheap again after the next halvening in april.
tl;dr Stoopid multipools! I shake my fist at thee!
submitted by Teltor to dogecoin [link] [comments]

MAD Doge - Such Problems, Much Solutions, Year of DOGE. (March 30th, 2014)

MAD Doge – 3/30/2014 The epic battle in price PANIC! PANIC? Well yes, panic if you want, it’s apocalypse time.

What’s wrong?

What am I doing? How am I invested in a solution? (WOW SUCH LONG READ)

What's going to happen?

It's going to be a rough ride, but there are upsides, Cryptsy has started on USD/DOGE exchanges.
submitted by DRKMSTR to MADDOGE [link] [comments]

Vert Play: Day 1

Hello Vertans!
As we zoom past 4k subscribers and the price fluctuations are dying down, I would like to start up a semi-daily update on certain issues/ideas brought up by the community, as well as links to important links,crowdfunding, etc.
Somedays, these may be just some key points about some things going on, others I might be able to go in depth on an issue.
Today, I would like to address what Vertcoin is, what it's about, and why a lot of us see it as a contender for the crypto-top-spots.
A very skilled group of individuals that you can read all about at and the community of Vertans here on reddit and at the official vertcoin forum: .
Vertcoin is a cryptocurrency/digital currency that exist on computers through mining the coin using your computer and transactions with others via the vertcoin wallet .
So a currency like Bitcoin, Litecoin, and Dogecoin? What makes it special?
Vertcoin is similar to these coins in that they are cryptocurrencies that exist online and through paper wallets. Vertcoin also has 84 million coins, which is the same as Litecoin but different from Bitcoin(21 million) and Dogecoin(100 billion/milliard). Vertcoin takes a huge step in the direction of the true spirit of what a cryptocurrency should be : decentralized .
Vertcoin accomplishes this in a few main ways:
  1. No pre-mine: this means that the community has the same chance at mining the coins as the developers themselves.
  2. ASIC-Resistance: All coins that are not ASIC resistant can be mined used these super miners that create an extreme amount of hash-power towards mining the coins. These means that the wealthiest individuals interested in mining will be able to centralize the currency to where they control the mining. Instead of using the same algorithms as Bitcoins(SHA-256) and Litecoin and Dogecoin (Scrypt), Vertcoin uses Scypt-N which uses its "Adaptive N-Factor" to keep Vertcoin decentralized by increasing the memory over time. This means that instead of the other crpytos which are at a fixed amount of memory that allow ASICs to be able to target. This means that Vertcoin will be profitable over time through CPU mining which usually accomplishes very little with other cryptocurrencies.
  3. Multipool resistance: Most altcoins are subject to huge mining groups jumping on them when they become low difficulty and high value. This causes instability in coins and allows this big pools to take over the hash power and weed out the smaller miners. Vertcoin does something different by changing or "retargeting" the difficulty after ever block. This means that as soon as a multipool jumps on for a block, the next block a different coin would be more profitable because the difficulty would skyrocket and then go back to normal the block after they leave (block time: 2.5 minutes).
Anymore questions can be answered by asking here after checking the sidebar which is full of information.
Now for the part I will be doing daily to compile important links and information from the day:
This is going to take some practice and probably some name-calling before I can perfect what I want this to be, so suggestions and fixes are much appreciated. :D
submitted by NotGoodBro to vertcoin [link] [comments]

Help a fellow miner out

Hi guys, like a lot of you I've been following many coins of late including Doge, Kitteh, Memory etc etc. I became interested in Auroracoin when I learned of it last week. I don't have the strongest of mining equipment but looked to gain around 1 Aurora a day at the time when I started. Then of course the interest in Auroracoin took off after being placed on coinmarketcap. I didn't manage to earn enough for a payout and now i'm stuck with 0.7 in the mining account and the miner keeps going on and offline, plus with network difficulty constantly increasing exponentially I could be mining until kingdom come to get just 1 coin. But I'll be happy to just get one coin so i'm asking if anyone out there is willing to help by donating 0.3 of a coin to me and I can cash in what I've managed to earn.
I would happily buy Aurora coin with normal currency but there is no means to do so at present other than over inflated prices on the likes of Ebay and I don't have any BTC to convert to Aurora on Crypto Rush or Poloniex.
I can understand why a lot of people will read this and think why should I! But for anyone willing to help thank you so much, your generosity is greatly appreciated. I missed the whole Bitcoin rush so this is a chance just to make a small difference in life hopefully if Auroracoin takes off.
submitted by kevdo to auroracoin [link] [comments]

Aurora coin fully explained  How it works ? The CryptoCurrency mining difficulty log Feb 8 2020 Bitcoin Ethereum LiteCoin Monero Eth Classic Monero RandomX results !! Crypto Miners Difficulty Log Dec 4 2019 . Bitcoin Ethereum LiteCoin Aurora mine bitcoin free Get free 100 ghs mining bitcoin Cryptocurrency Mining Difficulty Explained - Mining Difficulty And Analysis

Mining pools; Algorithms; Aurora (AUR-sha256) Algorithm Sha256 Block reward 1.25 AUR-sha256 Block time 1m 1s Network hashrate 4.91 h/s Difficulty 299.23 Last block 2691970 Official website Open Announcement Open. Suggest correction Available pools Pool name Latest block Active workers Blocks / 24h Coin's hashrate No available pools at this moment Submit new pool: Donnations. If ... Even though the bitcoin mining difficulty can fall, it’s unlikely that this will happen more than twice in a year. As a matter of fact, when looking at the most recent chart, it’s not hard to check that the difficulty tends to keep growing with the passage of time. As of now, there were only five adjustments where the mining difficulty has fallen since July 11, 2015. Also, even though the difficulty dropped significantly in March, it now seems that it may be back on the road to its all time highs. As of now, mining BTC is expected to be more difficulty by another 8.32% which means that the score would reach a new all-time high of 17.29T according to the major Bitcoin mining pool and their estimates. Auroracoin Mining Profitability Calculator. Whether you're looking to get started in the world of cryptocurrency mining or you're a pro, this calculator can tell you your profit margins. It works if you are cloud mining, or using your own rig. Just input your numbers below like pool fees, and hashing power or hash rate. If you're using a mining rig at home, fill out how much you spent on ... Auroracoin Mining. Auroracoin mining information - including a Auroracoin mining calculator, a list of Auroracoin mining hardware, Auroracoin difficulty with historical charts, Auroracoin hashrate charts, as well as the current Auroracoin price. Name: Auroracoin Symbol / Tag: AUR Logo: Genesis Block Created: Friday, January 24, 2014 21:57:23 GMT Website Auroracoin Wallet download : http ...

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Aurora coin fully explained How it works ?

Auroracoin (code: AUR, symbol: ᚠ) is a peer-to-peer cryptocurrency launched in February 2014 as an Icelandic alternative to bitcoin and the Icelandic króna.[1][2][3] The unknown creator or ... Genesis Mining was founded in 2013 Butterfly labs, bitcoin block, block erupter, difficulty, asic miner, Bitcoin, how much will bitcoin difficulty increase, bitcoin mining, what is bitcoin ... The Bitcoin mining difficulty currently adjusts roughly every 2 weeks, while on other chains mining difficulty adjusts much more often. Why? Why does Bitcoin... Bitcoin Cash, Alert: Mining Difficulty, Block Halving & Profitability vs. Bitcoin-BTC: We are living in very exciting times... #Mining #BitCoin #Cryptocurrency Visuals by Check out there work, it's radical. TRack - Depression Drive - Fla.mingo Welcome to the 16th episode of CCMDL , Feburary 8 2020 We ...