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Author Topic: Mining but no coins are showing up  (Read 94 times)

Offline evoked

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Mining but no coins are showing up
« on: November 24, 2013, 12:54:56 AM »
Hi,

Thank you in advance. I am mining using:
minerd -o http://treasurequarry.com:9844 -u walletaddress+0.00000582 -p x

however nothing has come through and it has been running for 2 days and accepted 36000.

Can you please help me with this. Thank you!

Online TreasureSeeker

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Re: Mining but no coins are showing up
« Reply #1 on: November 24, 2013, 07:59:53 AM »
I see you're using +0.00000582 at the end of your walletaddress.  I'd guess that you'd have a hashrate of around 5kh/s if you're using this?

The accepted 36000 are only pseudo-shares (the +0.00000582 at the end of your walletaddress tells your miner to report when it has found a pseudo-share of this low difficulty so that P2pool can more accurately report your local hash rate, and you can see quickly if you are having problems with too many stale shares).  At 5kh/s you may not have found a real share of sufficient "Share difficulty" yet. 

Assuming your hashrate of 5kh/s and a current pool "Share difficulty" of 0.177 as I write this, on average it would take about 1.85 days to find a share (extrapolating the data from https://www.litecoinpool.org/calc?hashrate=5&difficulty=0.177&power=&energycost=0.10¤cy=USD  ).  With natural variance and changes in share difficulty, this 1.85 day average estimate could end up be longer or shorter.

From the p2pool wiki at https://en.bitcoin.it/wiki/P2Pool
Quote
Q: Why does my miner say it has found a lot of shares but p2pool say I have only found a few?!

A: The real P2Pool difficulty is hundreds of times higher than on normal pools, but p2pool essentially lies to your miner and tells it to work on relatively easy shares so that it submits shares every few seconds instead of every few hours. P2Pool then ignores any submitted shares that don't match the real share difficulty. By doing this, P2Pool can more accurately report your local hash rate and you can see if you are having problems with too many stale shares quickly
« Last Edit: November 24, 2013, 08:02:49 AM by TreasureSeeker »
Lets get mining and keep the IFC network strong at TreasureQuarry Infinitecoin Mining Pool http://treasurequarry.com:9844

Offline steveinoz05

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Re: Mining but no coins are showing up
« Reply #2 on: November 25, 2013, 10:33:48 AM »
I have the same issue solo mining from the QT Console...  all day slaving away and nothing to show for it... and that is after I solved my Synch issues etc... Anyone have any advise - I am not willing to give up on IFC yet...

Online TECSHARE

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Re: Mining but no coins are showing up
« Reply #3 on: November 25, 2013, 04:46:26 PM »
It seems most of the people mining are having issues with solo mining. I would suggest using pool mining until the cause of these issues are discovered and fixed.
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