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by Aaron Brady.
Original Post: Pooling for Doge
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Feed Description: Posts related to using Python. Some tricks and tips, observations, hacks, and the Brand New Things.
Just a quick update on how Dogecoin continues to dominate my
life.
I’ve gone a bit off track; it used to be about the lols, but
now that it has a substantial value (I sold some for 240
Satoshis1!) I’m mining it with my co-workers so we can
buy a video card for a gaming machine we’ve commandeered at
work.
(The 20,000Ɖ I spent on this wonderful portrait was worth
nearly £30 at one point)
We were mining Litecoins, just before they dipped in price
and the pool that we were using got hacked.
Coinwars showed that Doge was the most profitable so we
switched to DogePool.pw - … and
then it then got hacked.
We switched to Lucky Miners
and then it had an outage. Back to DogePool! DDoS against
DogePool. Back to Lucky Miners! Estimated 1 Doge pay out
after 24 hours of mining. Tried to cash out the 0.3 LTC we’d
mined in the previous week: transactions were frozen for
three days. Got the LTC into my Cryptsy account: LTC bottoms
out. Convert the LTC to BTC: Bitcoin takes a dive as US
arrests are made related to money laundering.
You can see how you might get despondent.
So: we’re running our own pool. Kind-of. I’m running a
P2Pool instance locally and it uses some super-clever
crypto to make sure that everyone gets paid fairly- you
add blocks to the share-chain and then when blocks are
solved you’re making yourself eligible for a pay out.
If you’re looking for a middle-of-the-UK P2Pool that’s not
busy, you could do worse than
home.insom.me.uk