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The transaction fee is very low (1/500,000th of initial stake size).
Do you think this is enough to incentivize mining? If not, how do you plan to secure the network?
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That coin isn't even PoS, it's a fork of litecoin.
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WOLF without the pumping, no thanks.
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So instead of selling a premine, you're selling the right to do a portion of the premining.
Clever.
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Interesting take on InsanityCoin. Although, I would be less inclined to trust this user as they don't have any unique wallet software (At least InsanityDev knew how to code in a 10% tx fee) nor do they have anyone vouching for them.
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How buy Wolfs?
I think is better transfer it to direct Poloniex adress?
Yes, this is 10% better, and there's no reason not to. |
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Sure, why not. I'm interested.
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Where are the other 1.5 million coins?
I see 5m + (55m or 120m) + 1.5m, but that leaves 1.5 left over. Are you just keeping them?
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How many GPUs have been premined?
For IPO or sth else ?
Looks like 250 million. |
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Tell me why always find a block and them gone...
Because the difficulty looks to be set very low right now (1?). Even though very few people are mining this coin, anyone who even has a block erupter can solo mine and find blocks in seconds. When multiple people find a block at the same time, only one is included in the network, the rest are orphaned or rejected. When the difficulty gets higher this stops being as much of an issue (of course, you'll find less blocks too). |
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Why launch a coin SHA-256?
Also, source?
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PesetaCoin, HunterCoin and OrgCoin came later, if you are a programmer you can check their code and see the similarities with the USC. Until now merged minind wasn't good because it was only possible with solo mining using P2Pool, but then this pool was developed. I can show you the thread with all the comments, but it is not in English. If you still don't trust me I can show you the first virtual machinewe used for merged mining.
Yeseterday we finished translating the pool into English, and don't understand why it haven't been a lot more successful, because there is not a bad point in all of this, it is just reusing shares. You just have to come and see
Oh, I see what you mean now. I apologize for my earlier remark, I wasn't really familiar with USC and these other altcoins. I just focused in on DOGE and LTC and I assumed you meant that you had a way to mine them concurrently. |
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The faucets have run empty because of the fairly huge payouts they were offering a little while ago (0.2 to 1 PMC). I believe there is still some money in the faucet's cold storage wallets (?)
It's not worth mining on an ordinary PC -- even with the very low difficulty, your computer or GPU just can't compete with ASIC's when it comes to SHA-256 hashing. For instance, I have a block erupter USB ASIC hashing Premine right now for fun. It costs about $15 to buy one, and it's probably 10x better than your GPU or 100x better than your CPU.
Ahhh I see..fingers crossed some comes out of faucet cold storage! Thanks for clearing that up about mining....I'm in NZ and the USB ASIC is quite a bit more expensive, (we're use to things costing more here as they're made by hobbits  ). Might look into whether it's worth shipping from US though. Lots to think about.  In terms of profitability? It's definitely not worth it -- it's old technology (They were first sold last July) and is useless on the main BTC network at this point (earns about 1mBTC / 2 weeks). On the other hand, having a miner is fun, and if you can get one for a reasonable price it's a good novelty piece and a way to support projects like PMC |
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For everyone looking for new opportunities, you can check our pool at http://manicminer.inIt is the first merged mining pool with scrypt coins. Let me explain you how it works. You can mine all of these coins at the same time: LiteCoin PesetaCoin UnitedScryptCoin HunterCoin OrgCoin CatCoin DogeCoin PotCoin DigitalCoin Basically there are some main chain coins, which are LTC, DOGE, CAT, DGC and POT. Lets say you mine at 1 Mhash/s, these power will be split in these main coins, and the pool does it in a way so you are mining the most profitable one. At the same time, you are getting the other coins for free at full speed. You would be mining Pesetacoin at 1Mh/s, Huntercoin at 1Mh/s, UnitedScryptCoin at 1Mh/s, Orgcoin at 1Mh/s and all of the main chain coins at 1Mh/s. Obviously this increases the profit by a lot. You just have to give it a try and make numbers If someone has any questions just send me a PM Sounds too good to be true, so it probably is. What's the catch? If this were possible, it would be well known by the community. I wouldn't trust that site. |
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The faucets have run empty because of the fairly huge payouts they were offering a little while ago (0.2 to 1 PMC). I believe there is still some money in the faucet's cold storage wallets (?)
It's not worth mining on an ordinary PC -- even with the very low difficulty, your computer or GPU just can't compete with ASIC's when it comes to SHA-256 hashing. For instance, I have a block erupter USB ASIC hashing Premine right now for fun. It costs about $15 to buy one, and it's probably 10x better than your GPU or 100x better than your CPU.
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Wow, massive run up in half an hour from 0.45mBTC to 1.9mBTC. (Looks like it only took about 7BTC worth of volume to do.)
Huge sell wall of 29 bitcoins at 2mBTC too.
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Username: Frogcoin
Thanks!
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Apparently you just post.
(like this)
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Call me crazy, but I just don't believe that this site is going to pay out 1000 BTC to someone.
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