Bitcoin Forum

When is release day ?

I will try to mine this, sha256 coin is very little now
Since pow+pos is so popular now, why not change SOV to pow+pos?

any other bounties?

Greetings everyone,

This coin will be added to http://www.onebtcplace.com at launch!

No signups required just use your wallets address and any password to start mining!

ONEBTCPLACE uses the PROP (proportional) reward system. 1% of the total block rewards gets paid to the pool while the remaining block reward gets paid to the miners. Payouts are automatically sent every hour.

We run on full dedicated servers no VPS machines

Dual Xeon l5639 Hex Core
Location: Dallas, TX
Primary Hard Drive: 500GB SSD
Second Hard Drive: 500GB SSD
Third Hard Drive: 500GB SSD
Memory: 36GB DDR3 ECC Memory

No coins share?
Share some coins will help your coins to be success.

Ok, so  i know everyone is waiting on some news... Just a couple things to cover:

First, I am currently in cahoots with raskul, SOVEREIGN (https://bitcointalk.org/index.php?topic=471272). This raskul's  coin, and I am doing the dev work. I highly recommend you check it out.

Second, I have decided to make ZS my main project. I won't be making another coin for the next couple months, at least. I feel that ZS has a great community and has great potential. So, instead of just pushing out another coin, I will be improving and building on ZS. Everything I had been working on for another coin will now go into ZS.

What do mean? or So, what are your plans?
Glad you asked. Well immediate plans are for a multipool (have not determined if I will build, or somebody else). I, personally don't think the multipools do very much, but the community has voiced their want for one. So we shall do a multipool.
Currently in development, are improvements to the wallet. Most features are currently not in any wallet. One example would be a built in IRC client. I know most of our community talk have taken place on IRC, so why not make that available in the wallet itself. I (and most likely with help from SiriusCrypto) will be completely redoing the look of the current wallet. There are also other things in development and in the works, that I won't list here. That should be a little taste though.

I bet you are just trying to build up the price of this coin so you can dump!??!
Glad you brought that up as well. Short answer My Wallet Balance (https://i.imgur.com/sElPPA1.jpg). Probably not going to get rich off of 1,600+ coins. Before it is even brought up, NO i do not have my coins on another exchange, or another wallet, and Yes, i did have more coins. I have either, sold them to cover my server cost (ie running all those addnodes, main website, explorer, etc), or I have given them away. I am, as i stated from the beginning, doing this for my enjoyment!

Also, side not right quick, I am going to be re-writing the OP a bit. This coin is for my enjoyment and fun, but I won't it to be taken seriously. So, I will re-write the OP to reflect this more.

I know i most likely missed something, as this is the second time I have typed this, but i will edit as i remember.

TL;DNR; GTFO, read the whole damn thing.

Greetings everyone,

This coin will be added to http://www.onebtcplace.com at launch!

No signups required just use your wallets address and any password to start mining!

ONEBTCPLACE uses the PROP (proportional) reward system. 1% of the total block rewards gets paid to the pool while the remaining block reward gets paid to the miners. Payouts are automatically sent every hour.

We run on full dedicated servers no VPS machines

Dual Xeon l5639 Hex Core
Location: Dallas, TX
Primary Hard Drive: 500GB SSD
Second Hard Drive: 500GB SSD
Third Hard Drive: 500GB SSD
Memory: 36GB DDR3 ECC Memory

It is already added pal :P

I think it need to be redesigned  LOGO!

Go away, 100%  stake per year, another AsiaCoin.

Go away, 100%  stake per year, another AsiaCoin.

Be there or be square! Looks good guys can't wait! :)

I'm in.

SOV is PoW + PoS.

PoS pays at 100% per annum.
http://sovereign.rgspix.com

What is the rationale behind a 100% interest rate?  Doesn't that just mean every coin will halve in value every year?

Same question here, why 100% interest rate? Not make sense. Could you please explain more dev?

there are 3 sovereign per block. 100% per annum is favourable.

I'm not convinced the number of coins is that relevant, you are still halving the value of the coins in circulation every year.

How would you feel about the pound if inflation were running at 100%?

'How would I feel' about anything takes so many influences into the persuasion. No question is as simple as answering 'How would you feel...'.
you may keep your pound.

Sovereign is in the news! http://altcoinherald.com/sovereign-new-sha256-pos-altcoin-100-staking/  ;D

"The future cannot be predicted but it seems likely that Sovereign will be fighting an uphill battle to attract miners, exchanges, supporters, and merchants."

Quoted from your article.

What's the point of making such a bold statement, other than to antagonise, if you are not going to at least back it with some insight into what led you to that conclusion.

updated http://sovereign.rgspix.com

neat, like it.

Glad you do!

In other news, do we have an official irc channel yet?

im in,

by theway...hi all...this is my first post   ;D.

12:00 AM  UTC

Saturday, May 10, 2014

?

Should be written on the panel.
[/quote

There is a counter.

Any twat can start a blog. ;)

looking for interested parties to help with distribution once launched.
here's what we need;

FREE mining pool will be provided by iSpace Mining Pools at launch.

Feel free to register now and mine our other SHA256 pools while you're waiting.

http://ispace.co.uk

im in,

by theway...hi all...this is my first post   ;D.

No source code available yet and a logo that was made in MSpaint in photoshop <5 minutes.

As much as I like the word sovereign, good luck with folks spelling it correctly.

I'm having a hard time seeing a value proposition here.  Anyone care to make the case?

You know I'm in! Within 4 years I might actually use my own rig by then too! Smiley
 ;D

Nah.

I know Raskul quite well. We're friends. He won't sneak a premine in.

Just thought I would drop by the thread and say hey to everyone. IRC has been set up if anybody would like to join. Freenode #ProjectSOV

I have the upmost respect for the DEV behind this community. He was there for Shacoin during a tough time. In my book he is one of the few developers I actually trust.

Almost forgot That other pool will be there at launch.
http://thatotherpool.com/biglogo.png (http://sov.thatotherpool.com)

Can you give me Exact time in Timezone ?

Launching Friday 9th May 2014 Midnight before the 10th.*

In what timezone ?

What is the conf file name ?
Sovereign.conf
Sovereigncoin.conf
coin.conf
??

just a little over 16 hours 'til launch.

you should've gone with an icon of an actual sovereign coin
http://www.coins-of-the-uk.co.uk/pics/hamm/ed6/20s/1012_907.jpg

please advise me your sovereign address, at your convenience. thanks.

is this starting midnight utc?

just under 4 hrs to launch  :D

Hello All.

I have never mined SHA256 before.
Can I use my same setup as I do for scrypt?

I have 2 PCs each with 2 HD7950s in them.

Will these work ok? What is the best software to use?

Thanks.

Hello All.

I have never mined SHA256 before.
Can I use my same setup as I do for scrypt?

I have 2 PCs each with 2 HD7950s in them.

Will these work ok? What is the best software to use?

Thanks.

You can but you'll be going very slow competing with the asics

we don't anticipate how many there may be joining us  :)

Good Luck for tonight Raskul   :)

Looking forward to launch my friend  :)

Less than an hour to go now, looking forward to a nice and clean launch :)

Less than an hour to go now, looking forward to a nice and clean launch :)

I predict 100 TH in the first hour

LightningHash is ready to rock some huge hashes! We are using NodeJs Stratum for top efficiency!
And thank you for all the registrations! This is gonna be big!

Of course I have to go to work, but the miners are pointed at a pool and ready to switch when it comes up.

Here's hoping they get the wallet up and running asap lol

Ive got 1.8 Th/s waiting for launch  ;D Hardcore miners

09 minutes late :)

oh boy.

hang in there guys, we're working on launch, won't be far away now.

u mean u are just getting your miners setup first to jump straight on coin.

So wallet is updating ??
Why dont just put password on that first ?
Then release the password ?

Shit!! Damn I'm out.

I will give it the hour, I wont give up on this coin until I see how many blocks have been mined.  but delays these days on coins claiming no pre-mine are suspect at best.

come on Dev's I really want to be proven wrong, because I do like the coin

hehe, implementing ZimStake(c) is not an easy task   ;D go CG!

is this what you get sorted than put up a launch time.not let hope we get this done in time and if not who gives a fuk about people just sitting waiting ,staying up all hours of the night cause u cant set a realistic launch time

Hi there could point some old btc miners your way tommorow but what is it that makes this coin special ? Why should there be a hype ?

the launch time was never stated as an exact time.

Why not just setup a couple of the pools as failovers? No need to actually wait on the launch, unless you intend to solo.

lol, i've got ALL pools lined up in a neat queue.

Will you keep the new starting time ?

how unprepared are you? you don't even have enuf cigs!!!

don't worry, we are launching, watch the OP for changes. to give you a rough idea, i'm going to find a shop open for cigs.

Esso Garage mate lol

Is the wallet out yet?

not yet pal

Whens it going to be ready? Should have posted it a hour in advance with a password lock

so this launches today?

yup, code being scrutinised now

an hour in advance, 3 years later... it's all relative, all you need is 1SOV

peace.

waiting with 1400gigs

Welcome to the party! It's going to be fun!

what pool are is gonna be up n ready in time?

all pools will have available code at the same instant

you been to the shop yet?

so tired of wasting time on these never launched coins wtf is wrong with ppl

All I need is 1SOV? why 1?

+1

live long and prosper by friend  8)

are you going to launch on time ?

are you going to launch on time ?

mine one later and let it stake, you will double your income.

mine one later and let it stake, you will double your income.

How much longer do you think its going to be?

why not mine 3 or 4 and let it stake and double, why just 1?

what was the delay on Zim, i would imagine the delay will be pretty exact to the timing of that one.
 :)

u do realize that time difference makes it harder for some to get on train?

there is another sovergn coin thats scrypt .... any connection

No connection

cmoon raskul ... launch the damn coin  ;D

It is nearly 15 minutes late now. Are you going to delay the launch by tomorrow or do you still want to hold everybody here?

raskul got a cig for me.......lol

been over an hour now and have to say I dig the way you have been handling the screamers and shouters.  I am gonna hang in there!

looking forward to mining!

1SOV.

all you need is 1 launch time.

Well the pool ops need to hang around so I would appreciate a ETA. I suggest tomorrow at some time.

as i've already intimated, there is no need for anyone to be on launch at the start, it's up to you if you choose to hang on. in the end -

1SOV.

peace

cheers Lee, you're probably on nightshift anyway LMFAO

nawwww the Wife is away so I get some peace and quite, so the waiting is quite serine......no where to go nowhere to be so why not wait for a coin launch....just would be nice to have a smoke LOL

I guess your right... Looks like 60 TH/s just jumped back on EmbargoCoin ::)

just mine one  ;)

bring papers and ye can share the last wi me

bring papers and ye can share the last wi me

quality  :D

Unlike this coin launch. I hope you at least show up on time for your photo sessions. Some of the expressions on the subjects faces have me wondering if they were simply stunned that you finally showed up.

[/shots fired]

is the wallet code being written from scratch?

lot of people rented hash for the launch and already lost BTC my man ...

if its not done by 2 im gonna have to give the launch a miss and go to sleep and hope its up tomorrow

late for 2 hours ???

this is fucked man

burgers and cheeeese for breakfast  ;D

i am 6pm here, gotta go to class

Go do something else!

Set up failover as follows if you are using cgminer.

cgminer -o stratum+tcp://stratum.eu.sov.hardcoreminers.com:3037 -u Weblogin.WorkerName -p WorkerPassword -o stratum+tcp://SECONDPOOLURL:port -u Weblogin.WorkerName -p WorkerPassword -o stratum+tcp://THIRDPOOL:PORT -u Weblogin.WorkerName -p WorkerPassword

Well the 4th -o will be the SHA256 coinurl you are currently mining :)

CryptoGir is not real solo friendly and is loosing reputation as far as I'm concerned, first the SHAcoin mess, then the zimstake that was not solo friendly at all, and now this.

 ::)

So .. the launch will be at lunch...

been there done that made x4

What are you mining?  I would like to atleast get some of my btc back.  I have the rig for 24 hours and its just hitting the 2 hour used mark.

good announcement, right at the top of the page. keep it going  :D

has cryptogir gone to sleep, been offline for a while?

I can only assume there was a problem with the code and it didn't work,
I reckon testing should have happened between announcement in feb and launch tho and not at launch

good things come to those who wait, so i guess i'll wait ;D

hahaha "good launch" I think that window has slammed shut!

What are you mining?  I would like to atleast get some of my btc back.  I have the rig for 24 hours and its just hitting the 2 hour used mark.

Well, Goodnight, Worst start I have ever seen to a coin. Unbelievable!!!

Really? Welcome to cryptos. :-*

any update on how close we are to launch bro

Thats 6 pools, you can push it to 128 :)

How do you do failover on Antminer S1 ?

Just add the pool you want to mine on in the first pool on the antminer, it will say pool dead but once the coin launches and that pool becomes available it will switch to it. Like this

http://www.piclink.co.za/di/DUDM/pool1.png
http://www.piclink.co.za/di/KY54/pool.png

nearly ready  ;D

You know, this is the way the world is now days, lie lie lie, and expect everyone to think you are great for doing it. No one even expects you to really keep a deadline, or "your word", which is worthless now days....because...hell no one knows who you really are anyways....people on the internet are mostly, nothing but liars, and posers. I just don't get it. I couldn't live with myself, if i acted this way. Worthless, bunch of losers, who peck on a keyboard for a living, wow, I'll never understand it. Try raising a garden, feed your children with real food, not this processed #&%&, and go out- doors, for God's sake. Stop pecking on a keyboard thinking your gonna get rich,  and enjoy life. No, I am not someone who lives on this electronic world like most of you do, my daughter is ranked #1 in the PDGA, "which is Professional Disc Golf Association" for those who don't know, and we go play almost everyday OUTDOORS, believe it or NOT....for hours and hours...WOW!!!! And eat home raised food...WOW!!.....I DO NOT GET THIS INTERNET GENERATION....of hemorrhoid seeking office chair individuals. What is the point in living if you HATE LIFE? Go OUTSIDE and enjoy the WORLD!!!!! You will truly, know what life is all about.

You know, this is the way the world is now days, lie lie lie, and expect everyone to think you are great for doing it. No one even expects you to really keep a deadline, or "your word", which is worthless now days....because...hell no one knows who you really are anyways....people on the internet are mostly, nothing but liars, and posers. I just don't get it. I couldn't live with myself, if i acted this way. Worthless, bunch of losers, who peck on a keyboard for a living, wow, I'll never understand it. Try raising a garden, feed your children with real food, not this processed #&%&, and go out- doors, for God's sake. Stop pecking on a keyboard thinking your gonna get rich,  and enjoy life. No, I am not someone who lives on this electronic world like most of you do, my daughter is ranked #1 in the PDGA, "which is Professional Disc Golf Association" for those who don't know, and we go play almost everyday OUTDOORS, believe it or NOT....for hours and hours...WOW!!!! And eat home raised food...WOW!!.....I DO NOT GET THIS INTERNET GENERATION....of hemorrhoid seeking office chair individuals. What is the point in living if you HATE LIFE? Go OUTSIDE and enjoy the WORLD!!!!! You will truly, know what life is all about.

You know, this is the way the world is now days, lie lie lie, and expect everyone to think you are great for doing it. No one even expects you to really keep a deadline, or "your word", which is worthless now days....because...hell no one knows who you really are anyways....people on the internet are mostly, nothing but liars, and posers. I just don't get it. I couldn't live with myself, if i acted this way. Worthless, bunch of losers, who peck on a keyboard for a living, wow, I'll never understand it. Try raising a garden, feed your children with real food, not this processed #&%&, and go out- doors, for God's sake. Stop pecking on a keyboard thinking your gonna get rich,  and enjoy life. No, I am not someone who lives on this electronic world like most of you do, my daughter is ranked #1 in the PDGA, "which is Professional Disc Golf Association" for those who don't know, and we go play almost everyday OUTDOORS, believe it or NOT....for hours and hours...WOW!!!! And eat home raised food...WOW!!.....I DO NOT GET THIS INTERNET GENERATION....of hemorrhoid seeking office chair individuals. What is the point in living if you HATE LIFE? Go OUTSIDE and enjoy the WORLD!!!!! You will truly, know what life is all about.

You know, this is the way the world is now days, lie lie lie, and expect everyone to think you are great for doing it. No one even expects you to really keep a deadline, or "your word", which is worthless now days....because...hell no one knows who you really are anyways....people on the internet are mostly, nothing but liars, and posers. I just don't get it. I couldn't live with myself, if i acted this way. Worthless, bunch of losers, who peck on a keyboard for a living, wow, I'll never understand it. Try raising a garden, feed your children with real food, not this processed #&%&, and go out- doors, for God's sake. Stop pecking on a keyboard thinking your gonna get rich,  and enjoy life. No, I am not someone who lives on this electronic world like most of you do, my daughter is ranked #1 in the PDGA, "which is Professional Disc Golf Association" for those who don't know, and we go play almost everyday OUTDOORS, believe it or NOT....for hours and hours...WOW!!!! And eat home raised food...WOW!!.....I DO NOT GET THIS INTERNET GENERATION....of hemorrhoid seeking office chair individuals. What is the point in living if you HATE LIFE? Go OUTSIDE and enjoy the WORLD!!!!! You will truly, know what life is all about.

Do you keep your word HunterS?

FREE your mind ~~~ your ass will follow! ;-)

You know, this is the way the world is now days, lie lie lie, and expect everyone to think you are great for doing it. No one even expects you to really keep a deadline, or "your word", which is worthless now days....because...hell no one knows who you really are anyways....people on the internet are mostly, nothing but liars, and posers. I just don't get it. I couldn't live with myself, if i acted this way. Worthless, bunch of losers, who peck on a keyboard for a living, wow, I'll never understand it. Try raising a garden, feed your children with real food, not this processed #&%&, and go out- doors, for God's sake. Stop pecking on a keyboard thinking your gonna get rich,  and enjoy life. No, I am not someone who lives on this electronic world like most of you do, my daughter is ranked #1 in the PDGA, "which is Professional Disc Golf Association" for those who don't know, and we go play almost everyday OUTDOORS, believe it or NOT....for hours and hours...WOW!!!! And eat home raised food...WOW!!.....I DO NOT GET THIS INTERNET GENERATION....of hemorrhoid seeking office chair individuals. What is the point in living if you HATE LIFE? Go OUTSIDE and enjoy the WORLD!!!!! You will truly, know what life is all about.

should it still be on block 5 guys

should it still be on block 5 guys

we are sitting at 1TH with 2 miners at http://www.onebtcplace.com, remember if we hit that 25 miners mark, you can win the pools 1% fee for an entire week.

hardcoreminers ???

On block 9 it was 220K diff.

On block 10, diff jumped to over 4.4M

Is that normal?  I guess I may have to give up on solo-mining this with only 400GH/s

welcome to the real world! ;)

FREE mining pool up and running at iSpace Mining Pools

http://ispace.co.uk

 :)

hey ya bud good to see ya over here ! ;-)

now what has crypto to do with the real world? :B

only 3 coins per block out of 144million pow???????? da fuck

???????????

correct, feel free to mass dump all your pumped coins at any point in the next 44 years, exit the carriage on the left and carry on up the stairs to platform scrypt for a quick buck  :D

with that 0 PREMINE how will you pay for bounties then eh?

this coin is a joke right....

this coin is a joke right....

Is the coin minable or still being delayed?

with that 0 PREMINE how will you pay for bounties then eh?

come back in 40 odd years and someone will let you know the answer to that one  :D

i don't get it tho wtf why would you make a coin that has a 8 minute block time with 3 coins per block and 144million total pow phase that will take 40years....

Disappointed with the launch :(

Disappointed with the launch :(

yeah, me too. I wanted to be home, so when I inevitably guessed wrong as to which pools would be live, I could DO something about it.

i don't get it tho wtf why would you make a coin that has a 8 minute block time with 3 coins per block and 144million total pow phase that will take 40years....

Let me ask you a similar question. If you need to fill a chess board with rice grains by starting on block 1 and doubling the number of grains on each block until you get to block 64 - it sounds easy right? Wrong, there is not enough rice in the world to do this. It is your mind that plays tricks with you.

Since POS is 100% and simultaneous with POW, the POS blocks will take up the 4.8m POW block. It will actually take up the POW blocks so quickly that you will end up with maybe 40m or 50m coins in circulation by the time the 4.8m blocks are up. We might also see that the coin does not take 44 years but maybe one or two weeks then the POW hight is reached.

Well... That fail-over script was a bust :( :( :(

Nothing connected when I woke up; re-running the batch file immediately connected :(

Sigh...

well I connected to ispace on my miner but when I check out the site it's not showing shit.. WTF ISPACE?

and that my dear jc12345 is why it's worth mining ;)

Stuck on block 14 for over a hour now.......

great coin dev, what a pile of shit

so fuck off back to lala land.  :D
nobody asked you to be here arsewipe. if you don't understand how an open source project works, you should, in the politest sense, as Zim would put it: GTFO.

you two bud wasting my fucking time you goof have fun with your crock of shit, it aint worth a fucking litetoshi

maybe if you knew how to copy n paste properly it wouldnt of already forked

sorry folks some dumbass at the dc rebooted the wrong server we are back online

i'm quite content with launch up til now. Clearly your intent was to get mining early and reap the rewards in a few days. If you had read the intro and [PRE-ANN] threads to this coin, you would have realised it's not going to be possible to do your plundering, pump and dumping.

like I said, all you need is 1SOV.

It seems like even you took off from ISpace, WTF is going on, mining from the beginning and i feel like i am digging a hole in the ocean    ?

Top 10 MinersMiner   Shares   HashRate
raskul   1,579,821   0.00 KH/s
lin0sspice   734,283   0.00 KH/s
DANASIC   586,509   0.00 KH/s
horiacretan   569,529   355.62 GH/s
beez2000   486,000   0.00 KH/s
abra71   308,227   232.26 GH/s
Jappstam   208,024   198.01 GH/s
redfisst   203,913   0.00 KH/s
robbieS   184,188   223.56 GH/s
htgame   170,310   0.00 KH/s

sorry folks some dumbass at the dc rebooted the wrong server we are back online

Yes, you launched it 45 minutes after i went away :(
I didnt miss much though.

what pool has the 850+ terrhashs?

yeah im on that one just wondering who got block 15 and 16 .solo?

sometimes, there are things that we just won't know.  ;)

well it would be nice to know im not wasting my time mining this

if you are, i am too. i always mine at pool and as you can see, no premine here.

other then the first 5 blocks right xD

sorry that you are a total fuckwit. the first 5 blocks were mined after launch.

it's not hard to launch a coin then do your premine because your the first to compile and available to mine it, no i feel for you sorry you are a total fucking cumstain

mineoncloud pool active

im not accusing anyone of anything.a couple more blocks were found.cloud pool aint found any yet.just saying who ever solo mined them must have some mad hashes on it or are just really lucky

Come join hardcoreminers so we can find a block

what if it takes 44years!??  :D

hi dev, do we need to leave the wallet open in order to enable the PoS working?

Hardcoreminers has found only 1 block and that was over 90 mins ago? This doesn't seem right.

Hardcoreminers has found only 1 block and that was over 90 mins ago? This doesn't seem right.

There is no premine just to confirm
I got 3 Block at first 5 :)

Clear the air fking dumbass lazy ass blame shit to dev.

https://i.imgur.com/ZLq5nw8.png

the net hashrate has exceeded 1p, is that a little crazy?

its because 8 minutes is WAY TOO LONG of a blocktime and any experienced dev would know thats a DEATHWISH nobody wants to wait that long for anything, especially us miners waiting 5 hours for a bloc
and im getting 12 coins a day with 2 th/s but theirs 6 billion coins total? 144million from POW... who came up with these numbers their terrible...18 hours for mined coins to confirm....
make that 7 coins a day which means the price would have to be .01btc/SOV and id still be making more money mining bitcoin LOL
2 bad ur price will be more like .000001
good luck wasting electricity

you wont even make 6 coins a day  ;D try 0.8- 0.00000

60 * 24 / 8 * 3 = 540 SOV (this is the fixed output per day of mining)

540 * 365 = 197,100 SOV ( this is the fixed output per annum of mining)

144,000,000 / 197,000 = 730.96447

so, the PoW will last for 730 years?  am I right?

 

i wonder if this was just an exercise to entice
normal miners away from bitcoin
so some heavy hitter could go in last night and try and scoop
as many more easy coins as possible before this shambles came to light
lol

你的对的,其实有很多币是被作者藏起来了
什么称为藏起来?
预挖是其中之一
也难免作者会弄隐藏的超级块
总之就是用来坑钱为目标.

注:看不懂中文的请用google
translate.google.cn (http://translate.google.cn)

Wrong, there has been no premine, and no instamine of Sovereign.
please;

http://sovexplorer.seednode.us

144,000,000 / 197,000 = 730.96447 years?
Net Hashrate
41.69 TH/s

6,988,773.73658020
Difficulty

Whole network operator disproportionate force and difficulty

730 years of mining, ha ha ..
I live less than 730 years
Block Time 8 minutes
I think
Change Block Time 1 minutes is a good idea to look for investors trading platform and landing as soon as possible, miners need to pay for electricity.

......

1SOV. all you ever need.

why? I mined all night and didn't even get one!!! LOL

~ what is the purpose of this coin?

Miners electronic coin bottom chain, without the support of the miners is very difficult to find investors.
Whether coins produced perfectly useless
Attract more miners mining, must have a good market price.

I see, get the coin on a exchange right away then you can sell all that you mine, right away.
that's not what this coin is here for, sorry.

Miners mining coins no money to support electricity can not pay. Unable to continue mining.
Does not require money, the most basic is to support electricity
euroepcoin just launched, there is trade.
https://www.bittrex.com/Market/?MarketName=BTC-ERC
SOV can log in trade, it is very popular.
Without the support of the market, but also scrap gold

I'm sorry raskul
you can wax lyrical as much as you want
but your arguments are bizare, flawed and make no sense

Any miner with half a brain will tell you
that its all very fine to have a coin that lasts fine

but the point of even having a coin is so that people will use it and support it

and quite frankly there is absolutly no incentive for anyone to mine this
people are what creates the coins value and not the coin,
and since the only people who will create that value for you are miners

then making sure that miners cannot even meet the minning costs seriously undermines the coin itself
and every single one of your arguments, as for you saying you only ever need one
then why 6.79 billion when only 5% of the world population will ever use this coin???

further for you to keep saying if you don't like it bugger off well thats what we will all do
no one will support a coin that miners themselves will not support

economy 101

miner + time + costs = value

no value = no miner

no miner = no coin

your whole premise is flawed and yes i'll stay away
and whats more i can guarentee you that everyone else will as well
unless they are either rich or raving loons
this is not a school project is it?

raskul can u help me a bit?

i have been mining on eliteminers.net for around 10 hours, was late 1 hour after launch. :(
and my SOV Account Balance
Confirmed    0.000000
Unconfirmed    0.000000

and 1tera is pushing all that time....

can you help/explain me why and how?


thx.

P.S. i will dump them when they reach my imaginated price. same as zims.... and other coins. for zims that is 1zim=1$.
and for sov must be better then that.....:D

Sovereigns are working as expected, there may be small tweaks that can be done with difficulty retargeting but I don't see a huge issue which needs addressing. It was actually meant to be like this, and my advisory has always been, mine 1SOV and move your ASICs on.

The purpose of this coin is to stay alive, long into the future, but this will depend, not on the coin itself, nor it's statistical algorithms but in the people who believe in it. it's been designed to be the toughest nut to crack. enjoy.

Raskul, could you look into if there is something stuck in the backend at block 29 (server or blockchain issue)?

seems block 29 is really a hard nut to crack, the whole net is being stuck in there for more than 10 hours?

maybe i could expect some easy blocks coming through next.

the net hashes have really drop off now.still at 40 to 50 t/h but was way higher at launch.i want to mine this coin but i think it needs alittle tweaking.just something to fix difficulty and block time.guys dont forget its 100% PoS over a year which is really good if u can get just a few coins in walllet.than we will see some coins in circulation.it wont take 40 years lol.

CG's not up yet? or he's working on it?

can we just forget about block 29 and go to block 30 directly ;D

Anyone else having issues at Eliteminer?

Can't login, locks account; reset account; locks again immediately; change password (as instructed); locks again.  Raised a ticket yesterday with no response.  Now it looks as though their automated emails aren't being sent - i.e. no response to a password reset request.  Not really bothered about the 1 Sovoshi or whatever it is I have there, but would be nice to sort out.

And re. the blocks, Hardcoreminers shows both the current block and the last solved block as 29.

so damn slow transaction ,imagine  if i use this coins to buy something from the net or trade with btc , imagining waiting for maybe a minimum of an hour half just to get a full confirmation, might be longer since 1 block with target difficulty keep changing , for eg. block 38- 39  required like at least 10 hrs for that comfirmation.
so 10 hrs x 8 blocks = 80 hrs , almost 3+ days for a comfirmed transaction .

This coin is joke in terms of quick , efficient  , carbon friendly and  value.

Can you provide any sort of timeline for this update?  I understand it would take some time...it would just be nice to have an idea of how much time.  We're sort of hanging here...

你的对的,其实有很多币是被作者藏起来了
什么称为藏起来?
预挖是其中之一
也难免作者会弄隐藏的超级块
总之就是用来坑钱为目标.

注:看不懂中文的请用google
translate.google.cn (http://translate.google.cn)

yeal you are right......I hate the dev if he do something bad...

yeal you are right......I hate the dev if he do something bad...

POS runs simultaneously. Each POS block is subtracted from the block height of the POW phase. There will be many POS blocks and therefore the full compliment of POW blocks will not be mined.  POW blocks might be finished when only lets say 5 or 10 or 20m coins have been issued. To see how this works in practice, look at the planned POW coins for Zimstake and the actual coins in circulation. Brilliant in my mind to make a coin rarer and not something the dev did wrong. It works perfectly as designed,

Mineoncloud will be here for revival ;)

Why is this LOGO looks so evil :'(

perhaps it's just your perception of the logo.
it's old currency, a Sovereign is ancient tender in the UK and as such, the logo should be dirty and dark  ;D

Lol that's the braveheart spirit  :D