Bitcoin Forum

This Thread has been moved to- https://bitcointalk.org/index.php?topic=843495

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Snowballs

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Snowballs are an experiment to push the limits of our staking hardware. They will feature 1,000,000 BALLS via SHA Proof of Work followed by 5000% yearly stake. This is very high because we are testing methods of making the Snowball Staking hardware a viable alternative to expensive, high energy miners. The short mining phase ensures we have widespread coin distribution to ensure a smooth hand off to a Pure Proof of Stake network


Future Plans

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It's up to you guys whether you mine it or not. We have plans to use this coin as an incentive program towards our Snowball hardware customers. It has a use for us. Whether you want to participate or not is cool either way. The goal is to provide a low cost, standalone staking device that can earn more than high cost, high energy mining hardware. Minting is the future of low cost coin generation and we are at the forefront both with Maieuticoin and now Snowballs, which are created to out-perform proof of work chains for minting profits vs mining costs


Coin Specs

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• Algorithm: SHA256    Ports: 11064, 21064
• 40 BALLS each over 25,000 Mined PoW Blocks
• Proof of Stake at 5000% yearly yield 24h / 30d
• Staking starts November 2nd at 12:00:00 GMT
• Tx fees are destroyed for anti-inflation (640000000)
• Name conf file mmxiv.conf in Roaming/Snowballs Folder
• • This is an important step for all Snowball hardware
• • If self compiling, it will make as MMXIV-Qt/mmxivd

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Mining Pools

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• Coin-Miners (http://balls.coin-miners.info/)
• Suprnova (https://balls.suprnova.cc)
• Hardcore Miners (http://balls.hardcoreminers.com/)
• SteamOctane (http://steamoctanepool.com/pool/BALLS/)

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• More Pools Needed (#post_)
• More Pools Needed (#post_)
• More Pools Needed (#post_)
• More Pools Needed (#post_)
• More Pools Needed (#post_)

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Rewards Program

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BALLS will be an available option when you purchase your Snowball Staking Hardware with Maieuticoin. Unlike when selecting another chain, each Snowball customer that chooses BALLS will receive some free per purchase. Simply send us an address your Snowball hardware generates once you receive the unit. This is why this coin has such a high staking percentage; to encourage the use of cheap, cost efficient, low energy staking hardware for long term profits instead of expensive, outdated, high energy mining hardware that will, very likely, net owners a negative ROI as difficulties go higher and profitabilities per MH, GH, or TH fall lower

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We will keep an eye on BALLS (lol). It's a interesting project, from hardware aspect.

Wish you best of luck.

EmpoEX Team

WTF does this bullshit mean?

Tough for pools?  What is tough about it besides it being such shit no one cares to set up a pool for it?

Meant to be solo mined and distributed quickly?  It's not being distributed to anyone besides iGotSpots right now because no one knows about it and there are no pools or exchanges.

I like high PoS so I was initially interested but shill your cash grab elsewhere Spots, fuck this garbage.

And I love this part.  "Experiement to push the limit of our staking hardware".

Are you fucking kidding me?  "A gussied up raspberry pi might explode if we move the decimal point around, let's create a shit coin to be sure it's safe."

Am mining some. How about a pool?

Good luck!

wow,..5000%,..
nothing to say  ;D

i tried setting up a pool but get this error
 Check finished - daemon rpc error with batch gettransactions {"code":-32700,"message":"Parse error"}

Is this the highest stake yet?

+Interesting anti pool fee

Cant mine save some for me!

Sidh92cP7U9HdMQURKYuY6FfM3DYMijCnv

I'm in

can some get a damn pool up so i can use my S3.cant solo mine wallet with them

no doubt need a pool dude, my shits rented out

Im in - solo mining - help snowball is rolling to me help ;D

Ok so solo is working for me.Just had to dust off the old BFL 50 ghz and give it a run ;)

http://balls.coin-miners.info/ is up and runing

https://balls.suprnova.cc is also up an running ! :)

error: {"code":-4,"message":"Error: This transaction requires a transaction fee of at least 44160.00 because of its amount, complexity, or use of recently received funds  "}

WTF

I can not pay my miners because of that fee wtf

No wallets?

Edit found them  ;D

The Dev stated that withdrawals / moving of coins is not possible at first.. You're only mining and waiting for the Dev to release an update

Damn i did not read that comment in the forum about the fee and i did not disable the payout , now my crons have a lot of work to do , the blocks are found very fast , almost each share is a block

so what happens with coins on pool now?

wait until the dev pushes the update which fixes the fees, it is written on the ANN, last sentence :)

Yeah , for the moment the coins will remain on pools until the dev make an update to fix the fee

The coin logo look nice, but when will it hit an exchange?

Ok but still i don't see any coins on my account  0 what's up with that.

because of the problems with the fee my crons are behind , and now there a lot of blocks that need to be processed and will take time until all the blocks get processed .  The diff is still low and the blocks get found each second

I like the idea of this coin, just not the hardware wallet. Raspberry pi SD cards get corrupt a lot. Why can't there just be normal Linux, windows, OSX wallets.

5000% pos reward ?  :o

+1

The wallet sure looks like the work of the bonuscoin dev. This one going to get abandoned also?

This slow slow slow slow slow diff rise, what gives? The diff adjustment is insane.

+1

did this just raise the bar for ninja launch? ffs

I don't know if that guy mining with 170 TH this coin instead mining directly btc is smart or so stupid.
We will see tomorrow when stake begin who is right.

I think we broke records , 2 of them, hopefully ocminer can confirm as they are on his pool.

http://s1.postimg.org/6cmuaw7y7/Records.jpg

Definitely STUPID!  Its a waist of hash right now. 

I can confirm.. Its quite amazing.. Maybe I should start a SHA256 Multipool if so much mining power comes in :)

Currently we're so fast, that lots of orphans still occur as the diff is still quite low.. So much power at the moment is definitely not needed, maybe in 12 hours when diff has adjusted

I think within 12 hours poW is finish right?

Probably less than that. Pow ends at block 25,000 we are already near blk 18,000, popping them every second. Done in a couple hours.

Ive got an antminer S2, and its struggling with speed because of such low difficulty, I mean really bad.. cant get past 320GHZ, anyone know of any ideas/settings to get it to run on this pool closer to the 1ths rating? I know its the low diff causing it, just wondered if there is anything I can do.

Vegas

I hope the time window between transfer fee reduction and staking is enough for us to withdraw our coins... otherwise ocminer and Scorpio18 are going to stake a LOT

HAHAHA..LOL.. never thought of it that way.. if we dont see them again, I know where they are.. sitting on a beach in Maui with a 10ft margarita in each hand !

Let me guess... Bittrex Exchange?  ::)

This coin has all the characteristics for making certain few people rich.
The messed-up diff that is not adjusting fast enough, even after half a day trying to catch up, the diff rise is still pegged to a designed low increase and the blocks are coming in as fast as the miners can reload - not even limited by hash power which is beyond bounds for such a young launch, so this resembles "insta-mine" for a happy few. Heck, the switch to PoS was set to be after block 25,000 and the half-minute block time (if I am not mistaken - it is not specified in the OP) should mean a PoW period of almost 9 days. But the dev already
knew that he had messed up the diff rise, so he already chose to say that the PoS launch would be the next day! Now that deadline is even too far out, because this coin is only about 10 hours old and we are nearing block 25,000.
The info available for set up a miner is minimal, all I could do was download the wallet and early on when the hash was showing that it was extremely low, I tried cpu mining in my wallet. The mining worked and after a night of running full bore, I have 1 transaction
according to the wallet - bet there are no coins in my wallet ?!?!? Questionable that.
For all that are not heavily invested in this coin, I can only advise to stay away.
For those who have invested - I hope that you are not bag holders within no time when the insta-miners are dumping to get their profit out.
Sorry - if a coin is properly launched and has a decent period for all to gather coins and set up miners in time, but this last-minute posting of a launch literally at the same moment that the coin is launched and no time or info to setup anything and then find out that there are
pools running with hundreds of Terahash? It might just as well be a giveaway of all coins to one person - the result is that it is no a DE-centralised currency and I judge the value minimal. But that is just my opinion and therefor, I am out.

I mined until I got close to 400 coins, then stopped. But I can't stake because I don't have a wallet. There needs to be a simple software solution like normal coins.

Snowballs pool is now up on SteamOctanepool.com

http://steamoctanepool.com/pool/BALLS/

Please add to the OP when you can!  Thanks!

The wallets are in the OP.

Win Wallet:  www.mmxivcoin.com/Snowballs-Qt.rar

You have to click the win symbol.

5000% is that really even a possibility?  ??? Inflation anyone?

Hey guys crons fixed on coinminers pool , sorry about the delay on updating the user balance :)

So should we solo mine or join pools I is confused  :P

Same here?

At this stage probably best to join the pool-  balls.suprnova.cc

Looks like they are getting all the blocks and there are less than 5000 blocks left for pow.

poW will end at this hashrate in about 6 hours more or less.
Then is 100% poS.

Join a pool (the diff is to big right now to solo mine balls.coin-miners.info ), but dont forget to spread the hash guys

SHA256:   5f924d77af3b01fc1d4cd6ba2af8e766b754db7248e5b98fd62f6e4a008cf057
File name:   Snowballs-Qt.exe
Detection ratio:   1 / 54
Analysis date:   2014-11-01 10:12:36 UTC ( 9 hours, 41 minutes ago )
0 0
 Analysis
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 Comments 0
 Votes
Antivirus   Result   Update
AegisLab   W32.Virut   20141101
AVG      20141101
AVware      20141031
Ad-Aware      20141101
Agnitum      20141101
AhnLab-V3      20141031
Antiy-AVL      20141101
Avast      20141101
Avira      20141101
Baidu-International      20141031
BitDefender      20141101
Bkav      20141027
ByteHero      20141101
CAT-QuickHeal      20141101
CMC      20141031
ClamAV      20141101
Comodo      20141101
Cyren      20141101
DrWeb      20141101
ESET-NOD32      20141101
Emsisoft      20141101
F-Prot      20141031
F-Secure      20141101
Fortinet      20141101
GData      20141101
Ikarus      20141101
Jiangmin      20141031
K7AntiVirus      20141031
K7GW      20141031
Kaspersky      20141101
Kingsoft      20141101
Malwarebytes      20141101
McAfee      20141101
McAfee-GW-Edition      20141101
MicroWorld-eScan      20141031
Microsoft      20141101
NANO-Antivirus      20141101
Norman      20141101
Qihoo-360      20141101
Rising      20141101
SUPERAntiSpyware      20141101
Sophos      20141031
Symantec      20141101
Tencent      20141101
TheHacker      20141031
TotalDefense      20141101
TrendMicro      20141101
TrendMicro-HouseCall      20141101
VBA32      20141031
VIPRE      20141101
ViRobot      20141101
Zillya      20141030
Zoner      20141031
nProtect      20141031


https://www.virustotal.com/en/file/5f924d77af3b01fc1d4cd6ba2af8e766b754db7248e5b98fd62f6e4a008cf057/analysis/


{
"blocks" : 6299,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 9.31382794,
"errors" : "WARNING: Checkpoint is too old. Wait for block chain to download, or notify developers of the issue.",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"netstakeweight" : 0.00000000,
"stakeweight" : {
"minimum" : 0,
"maximum" : 0,
"combined" : 0
},
"networkghps" : 0.61759166,
"pooledtx" : 0,
"testnet" : false
}

3hours later

{
"blocks" : 20187,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 715267.93597883,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"netstakeweight" : 0.00000000,
"stakeweight" : {
"minimum" : 0,
"maximum" : 0,
"combined" : 0
},
"networkghps" : 96001.63727833,
"pooledtx" : 0,
"testnet" : false
}

and what the hell with the diff

and pow only last for about 5hours? and tons of orphaned block .  >:(

i dont see what your whining about really, most of my sha gear was rented out so i dug out an old antminer u1 (1.6 ghz) and solomined about 14 blocks an hour after launch. ninja launch is ninja launch man, some of us have notifications for this section turned on not to miss anything, some of us would rather whine after the fact but whatever you live with your decisions not me. The only thing about all this that i dont like is staking is going to start while alot of people have their coins tied up on the pool, so they will have to wait for their coins to mature before they get in on that. If you want to bitch. bitch about that. bitching about a ninja launch is like bitching that no one told you a coin was going to rocket before hand, its a waste of time.

true but you must accept it , its crypto and life sucks.

huge drop in hashrate

I think dev should fork asap to make withdrwal from pools available and delete any fee from it,
It's impossible with that hashrate to solo mine at this time.

Yes we are at the tail end of things now

One can refer to the fetish definition of 'snowballed' when dealing with this coin/hardware!

http://www.urbandictionary.com/define.php?term=snowballed

Guaranteed to be added to Cryptsy!

Get yours now!

I learn something new everyday

I probably could have done without learning this,lol

This coin warrants making a new account to trash talk? Really?

More interesting though, can anyone tell me why the op from http://mmxivcoin.com/forum/index.php/topic,23.0.html is banned here?

Anyone mining this looking to sell any when possible? If so, price?

Nice job! fucking thief's! I mined on http://x11-x13-pool.org with 1th from launch for the first hour I got 0 coins for over 100 blocks found . So u remove them from the OP and add Hardcore miners nice job, they dumped on bonuscoin too, look at the wallet on bounuscoin, same hash graph on the wallet. I hope u get this pos coin stuck up ur ass! bunch of fucking crypto criminals! The Usual suspects!  

Just waiting to see what exchange is in on it!

Pay attention people! don't buy this crap when it hits the exchange, let them keep all of it and get it stuck in their ass!  :-*

Is that why you fudded a few hours ago?
Coin was okay though to mine until you got screwed by some unknown pool?
I mined on that pool, wasted btc and got nothing.
Don't see me snivelling. ;)

DEV added so called unknown pool to the OP. same as LOGOcoin that thread disapeared also, because it outed the DEV of this coin.

Lemme see if I can find that dox on the mirror while u make this a moderated thread!  ::)

LOL hope whatever coins u got rot @ 1 dogetoshi

yeah i have been trying to warn people about that pool. im pretty sure its the pools.mn people. they used to do the exact same thing just steal your shit or close the pool with no notice and take everyones shit. conveniently enough they showed up shortly after the pool.mn people disappeared. if you really want to fuck up their game put it in your sig and post on all new coins. the only way to run off the dirtbags around here is sharing knowledge.

Good point.
Luckily I only wasted about $20 on their retarded pool.
Only tried them out due to suprnova getting so many rejects.

You got many rejects because the blocks are found to fast and thats why you get so many reject , i watched my stratum on coinminers and the same , many miners got many reject because of the fast blocks

Really? I had 2 old asic cubes solo mining from about 30 seconds after I put 1 TH on the pool. Funny thing that 70GH mined 10 solo blocks.

Ur math don't work for me! If it walks like a duck and quacks like a duck........

dude dont break out the noobness, we all had the same issues because of the coins structure nothing to do with the pool. Your not doing yourself any favors arguing with the few honest pool owners.

Whatever! Lets see what happens! My money says P&D and the usual suspects. And as far as honest pools. you can count them on one hand!

I'm pissed I only threw 35ths on while the net hash was 20-50ths, when I first started mining.

Hewhew

i know man i only had 3/4 of the nethash when the diff was like 6. SCAM!!

i dont really care what happens i just want to see what happens when the amount of coins i have stakes at 5000% LOL!

I agree, it will be interesting to see how this all pans out

You got a few hundred thousand?

Hey guys,

The actual dev isn't controlling this thread.  For official info check here:  mmxivcoin.com/forum
At till BCT un bans him   ::)

New thread since I'm not banned anymore: https://bitcointalk.org/index.php?topic=843495

Thanks to everyone who was a part of the launch, as well as norcalnewbie707 for copying the thread here. Appreciate that

A brand new moderated thread, Whoda thunk?

Deleted my first post already!

U guyz are absolutely amazing...

I just sent you a PM. What exactly are you referring to? I removed a duplicate pool (Or what I thought to be a duplicate pool) when I added the newer  pools to the existing pools links to post all four at once. If its a link you need that I removed this should be simple because I have everything that was provided to me to post. PM me or email norcalnewbie707[at]gmail[dot]com so that I can try to help you. If I am reading this incorrectly regarding what your implying please still contact me and explain whatever it is and I will do my best to help you.

~NorCal

Glad I know it's IGOTSPOTS 4 sure now.

Ok send in the puppet brigade! So predictable!