Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: salsacz on April 25, 2014, 01:37:59 PM



Title: The most profitable PoS Multipool - hashrate.org
Post by: salsacz on April 25, 2014, 01:37:59 PM
Join Nxt multipool, mine the most promising Proof of Stake coin - Nxt: http://hashrate.org

Scrypt - stratum+tcp://scrypt.hashrate.org:3008
SHA256 - stratum+tcp://sha.hashrate.org:5008

A team of passionate people have been working in last months on what has been referred to as Bitcoin 2.0: Nxt. Nxt is an advancement in the fundamental technology behind Bitcoin and brings with it an entirely new code base as opposed to being a simple fork of the existing code.  Nxt is one of the first implementations of some of the technologies that are considered to be 'second-generation cryptocurrency' such as decentralized messages system, peer to peer exchange, multigateways or distributed asset exchange. Nxt is also able to solve perhaps the biggest shortcoming Bitcoin has through its capability to process transactions virtually instantly. Nxt is simply faster and cheaper than Bitcoin and provides more features than Bitcoin and all its clones together.

Early Adoption?
Investors are flocking to get behind NXT as early as possible. Similar to Bitcoin, those who are able to identify the technical innovation behind the product are likely to be rewarded greatly for their early investment.  The NXT ecosystem (as with features like those named above makes it far more than a simple currency) is still one that can be easily bought into by the average investor without needing the amount of capital required for a sizable investment into the Bitcoin market space.  

Why Nxt?
Nxt was the first pure 'proof of stake' cryptocurrency, which means that all of the coins in the marketplace have existed since the coin began. This is as opposed to the traditional Bitcoin, which uses mining to create new coins.  There actually are other Bitcoin 'clone' coins, which use 'Proof of Stake'. But the problem with Blackcoin, Coin2, Communitycoin, Faircoin, Peercoin, Premine or Whitecoin is in lacking of special features they could provide and in using too slow transaction process. Scarcity may sometimes drive up price, but it does not create demand.  Demand is tied to the utility of that item, as well as how scarce that item is.  And it is not about the number of vendors, who accept their crypto. Look at Earthcoin, it crashed even when tons of shops were accepting it. Blackcoin, for example, has only slightly more utility than Bitcoin (a shorter confirmation time).  And a little group of pump and dumpers, who are willing to mine Blackcoin, but for just one simple reason – to dump it as soon as it gets over 50 thousand Satoshi.

Nxt, however, is at the forefront of a number of breakthrough cryptocurrency technologies and demand for these technologies will be at a premium in the future. You can never be sure, when Blackcoin follows the crash of Auroracoin, Mazacoin, Megacoin, Mintcoin, Pandacoins or Quarkcoin. But the crash will come.

In Nxt, there will be only ups in the future. Big ups. Why? Imagine, when the companies will be kickstarting via Nxt’s asset exchange.  Big companies with millions of customers. And it won’t be only a slight pump like Mastercoin’s Maidsafe-shares. Nxt asset exchange will be the fastest of all other solutions, so basically – the only useful decentralized exchange with multigateway.
Nxt is a brand new, written from the scratch, faster and cheaper than Bitcoin an all its clones!

Acquiring NXT – mining on multipool
The price for a single NXT 'coin' still experiences a great deal of daily volatility, similar to Bitcoin.  In order to help mitigate these daily fluctuations a mining pool has been created to help stabilize and increase the price of NXT.  Operating in limited beta test mode for over 30 days already, Hashrate has succeeded in already paying out to its miners the equivalent of over 15 Bitcoins worth of NXT.  The long term effect of a continual infusion of BTC into the NXT ecosystem every day will result in the value of the coin increasing.  Miners who look at their mining equipment as an investment could hardly find a better choice of mining pool than Hashrate - they will get a higher payout in NXT coins than any other pool would give them in BTC.
For those who are not miners: anyone who has invested on technological speculation should consider including NXT in their investment portfolio. The currently low prices combined with the game-changing technological features that have come out of the NXT ecosystem make it one of the few cryptocurrencies that has a bright future. NXT is available for trade on nearly all of the major cryptocurrency exchanges, like Bter or Cryptsy.

•   More about nxt: http://nxt.org
•   Nxt multipool: http://hashrate.org
•   Follow Hashrate: https://twitter.com/HashRate_org

Support hashrate campaign: http://thndr.it/1lFevT9


Title: Re: The most profitable PoS Multipool - hashrate.org
Post by: Jungian on April 25, 2014, 04:33:04 PM
Just great I think!

I use it


Title: Re: The most profitable PoS Multipool - hashrate.org
Post by: 110110101 on April 25, 2014, 04:45:37 PM
Sounds interesting as I have not yet looked into NXT, and seems like an excellent way to get started.
I'll point some small amount of hashes this way ;)


Title: Re: The most profitable PoS Multipool - hashrate.org
Post by: farl4web on April 25, 2014, 06:38:00 PM
Works fine, just needs a bit of webdesign.  ;D


Title: Re: The most profitable PoS Multipool - hashrate.org
Post by: wesleyh on April 25, 2014, 06:44:42 PM
Works fine, just needs a bit of webdesign.  ;D

yes, design needs to be improved, but it's profitability that matters in the end :d


Title: Re: The most profitable PoS Multipool - hashrate.org
Post by: Hacer88 on April 25, 2014, 06:44:51 PM
Great pool!


Title: Re: The most profitable PoS Multipool - hashrate.org
Post by: Labteck on April 26, 2014, 09:23:02 AM
works good! nice stats


Title: Re: The most profitable PoS Multipool - hashrate.org
Post by: ShroomsKit_Disgrace on April 26, 2014, 02:35:30 PM
Love to see this happening!  :D


Title: Re: The most profitable PoS Multipool - hashrate.org
Post by: frohlocke on April 26, 2014, 04:21:44 PM
Will be happy to receive my first NXT!


Title: Re: The most profitable PoS Multipool - hashrate.org
Post by: salsacz on April 27, 2014, 08:37:38 AM
10% bonus / day for 10% of the miners


Title: Re: The most profitable PoS Multipool - hashrate.org
Post by: 110110101 on April 27, 2014, 08:31:11 PM
I've been mining for a couple of days now, albeit just having a small hash.
How does the payout system work? I have not seen any payout information in the stats or on the site. Is there a minimal threshold to reach before payments/transactions occur?

Otherwise the pool is working fine, stable and snappy  ;)


Title: Re: The most profitable PoS Multipool - hashrate.org
Post by: ShroomsKit_Disgrace on April 29, 2014, 09:20:07 AM
What are your impressions after these first days after the official release of the multipool? Is it working well? Any input? Thanks!!


Title: Re: The most profitable PoS Multipool - hashrate.org
Post by: 110110101 on April 29, 2014, 03:08:14 PM
In general it's been working fine for me. Can't say anything about the payouts though as I have yet to receive any NXT.
As of this writing the webpage is down / unresponsive so I can't check the stats.


Title: Re: The most profitable PoS Multipool - hashrate.org
Post by: Thunderson on April 29, 2014, 05:23:45 PM
the site design is horrible.it hurts my eyes.
but anyway ill give it a try.10% bonus seems a good deal


Title: Re: The most profitable PoS Multipool - hashrate.org
Post by: 110110101 on May 01, 2014, 09:24:40 PM
Payouts where proceeded a few days ago, and everything worked out as is should for my part. Sadly the pool has been offline today and both the site and the pool are down as this post. I really liked the concept of mining and trading for NXT. I hope to see hashrate come back online again soon.


Title: Re: The most profitable PoS Multipool - hashrate.org
Post by: csa1234 on May 01, 2014, 09:39:46 PM
thats the problem with this pool. they go offline back and forward. Is not a steady pool, therefore i quit mining with them


Title: Re: The most profitable PoS Multipool - hashrate.org
Post by: farl4web on May 01, 2014, 09:54:49 PM
Yes, he really needs to fix this issues. When it's stable, I'll come back. I do have a lot of faith in Nxt and de pool-operator.


Title: Re: The most profitable PoS Multipool - hashrate.org
Post by: Equate on May 01, 2014, 10:25:06 PM
How much is it profitable as compared to scrypt multipools atm ?


Title: Re: The most profitable PoS Multipool - hashrate.org
Post by: ShroomsKit_Disgrace on May 01, 2014, 11:01:58 PM
back again!  ;)

I hope he will manage this time..