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Status as of Thursday, May 7

Posted: Thu May 07, 2015 10:43 am
by Steve Sokolowski
Here's today's status:
  • We finally determined the cause of the problem with shrinking reserves. It turns out that, for some reason, the dogecoin blocks were not being submitted correctly. Chris found that even though the database recorded a found block, the dogecoin block explorer has a different coinbase address in those blocks. Some primary blocks associated with those dogecoin blocks were also lost. Fortunately, only 1.02 bitcoins were lost as a result of this error. Rather than trying to troubleshoot this issue, we are just going to move forward with multiple merge mining, which has a different codebase and fixes the issue anyway. We disabled merge mining until Saturday, which may cause an increase in rejected shares.
  • I'm going to write a post on the block size increase controversy and put it in "bitcoin thoughts" later today.
  • Chris hopes to enable Comkort later today, so profitability should go up.

Re: Status as of Thursday, May 7

Posted: Thu May 07, 2015 8:18 pm
by Chris Sokolowski
We've solved the issue with merge mining and re-enabled Dogecoin mining. There was actually no loss of funds. The issue was that Allcoin's Monacoin and Dogecoin deposits were stuck - we had 3300 MONA, about 1.2 BTC equivalent, in pending transactions. Fortunately, once the issue was resolved and we retrieved the coins, Monacoin has a deep market so selling that many coins at one time didn't cause any movement in price.