Ontopic So I'm mining bich coin now.

i may have to put another mobo in it through. The dually xeon is pretty... not good on idle power usage.
 
So I went ahead and started creating plots anyway, just in case pooling gets delayed (also ordered a 1TB NVME for when I have to recreate everything). I got my first plot done, but it says I'm not farming because its waiting for synchronization. My wallet shows connected, but not syncd. Seen that at all?
 
fly said:
So I went ahead and started creating plots anyway, just in case pooling gets delayed (also ordered a 1TB NVME for when I have to recreate everything). I got my first plot done, but it says I'm not farming because its waiting for synchronization. My wallet shows connected, but not syncd. Seen that at all?
Click to expand...
sync takes about 2 hours with the size of the network right now. Should be yellow in the gui, and the number counting up.

You using the gui?
 
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I would hope, but i think all the small fry are a drop in the ocean compared to the big players that are pulling most the wins already

the top 10 players win 55% of the blocks.

The top player has 2 EIB personally and owns 35% of the network
 
3.3M a day in profits for that farmer by the way. They recouped their hardware costs in 13 days, and net a profit minus electricity of 3ish mil. Its surprisingly cheap to run 111,000 disks. Only costs about 250 bucks an hour
 
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Domon said:
I would hope, but i think all the small fry are a drop in the ocean compared to the big players that are pulling most the wins already

the top 10 players win 55% of the blocks.

The top player has 2 EIB personally and owns 35% of the network
Click to expand...
Yikes. I wonder if Chia also suffers from the 51% attack.

edit: Shit, you only 46.3% to perform an attack.
 
fly said:
Yikes. I wonder if Chia also suffers from the 51% attack.

edit: Shit, you only 46.3% to perform an attack.
Click to expand...
not so much, still a potential but not as easy

docs.google.com

Chia Consensus

consensus Purpose of this document: explain the 1.1 version of the Chia consensus algorithm Target audience: a technical audience familiar with blockchain but not with Proofs of Space (PoS), Proofs of Time/Verifiable Delay Functions (VDF) and Chia. If you are new to Bitcoin/blockchain, read ...
docs.google.com docs.google.com
 
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