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Under review

not receiving coins

Guido 6 years ago updated by Oliver 6 years ago 4

I am mining since ten hours now using two GTX1080 ti and haven't received even a fractional coin. I am connected to the electrumx2.monacoin.com server. Does anyone have an idea what the issue could be?

I'm not familiar with that site (or Monacoin) but that site doesn't look legit to me.


As this is the Coin Foundry support forums, and as a fellow miner I would guess the best piece of advice is you should mine on Coin Foundry.


Click Here 

So Coinfoundry is not familiar with Monacoin, yet it offers a mining pool for it? And why wouldn't the site electrumx2.monacoin.com be legit if that is the standard server the electrum-wallet has set that is distributed by Monacoin? Is there someone at Coinfoundry who is familiar with Monacoin?

Btw .... i do mine Monacoin on Coinfoundry...

Here is the content of the ccminer.conf file

{
     "max-log-rate" : 30,
     "quiet" : false,
     "debug" : false,
     "protocol" : false,
     "cpu-priority" : 3,
     "algo" : "lyra2v2",
     "url" : "stratum+tcp://mona.coinfoundry.org:3094",
     "user" : "MLvnt2R4NfWLrWpwTyTwFLY6ZyVSaDX5U9.PC",
     "pass" : ""
}


Under review

Guido: delone70 is a fellow veteran miner trying to help, he doesn't have to be familiar with Monacoin. I'm currently the only admin around here and I am of course familiar with Monacoin :) 


The issue with Monacoin is the following. The currency used to be extremely popular a couple month ago. Back then our pool had like 10 times the current hashrate and used to find blocks much more frequently. The value of both Monacoin and Vertcoin dramatically dropped at some point and pretty much all pools offering to mine the currency lost most of the hashpower. Mona recently gained back some traction but the overall hashpower is still to low to mine blocks quickly. Since we are a PPLNS pool, we can only issue payments for found blocks and that's why you havent't earned something until now. Our FAQ explains everything in detail: https://coinfoundry.org/faq#payments. You could try to find a Mona PPS pool where would get paid per submitted share. Due to the very high risk for PPS pools to go broke, they usually charge very high fees (> 7%).