correction of CORG shares
Posted: Mon Jan 18, 2016 11:52 am
This morning, between 01:41:34 and 02:35:06 EST, the pool incorrectly priced mined CORG shares 315.77 times too high due a poor decision by Cryptopia.
The cause was that Cryptopia changed its Corgicoin market's ticker from CORG to CORG-OLD and introduced a completely new coin under the ticker CORG. The sell price of the new CORG was 315.77 times higher than CORG-OLD. We were unprepared for this change, and the mining server paid users for mining CORG-OLD at the price of CORG, 315.77 times higher that it should have been. I discovered the issue at 02:35:06 and corrected it, but for that previous hour the Corgicoin shares were paid too much.
I have corrected the shares over that period to the correct price of CORG; as a result, you may have seen your earnings slightly decrease from this morning. Thanks for continuing mining with us, and I will be happy to answer any questions.
The cause was that Cryptopia changed its Corgicoin market's ticker from CORG to CORG-OLD and introduced a completely new coin under the ticker CORG. The sell price of the new CORG was 315.77 times higher than CORG-OLD. We were unprepared for this change, and the mining server paid users for mining CORG-OLD at the price of CORG, 315.77 times higher that it should have been. I discovered the issue at 02:35:06 and corrected it, but for that previous hour the Corgicoin shares were paid too much.
I have corrected the shares over that period to the correct price of CORG; as a result, you may have seen your earnings slightly decrease from this morning. Thanks for continuing mining with us, and I will be happy to answer any questions.