Okay an offer has been placed on the table.  If group members are interested in this offer, please message me your opinion on this.

Charles

We need 41+ shares to win the vote to sell or attempt to sell.   I will list on ebay if we get enough votes. 

Don't lie, this is the real sunnydking.

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[13:43] <JHashYbor> SK Hail SK

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[13:43] <TheCloudyKing> Sunny, do you think XPM is a good buy here

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[13:43] <Shad3d> to the REAL SunnyKing....thank you

[13:44] <JHashYbor> Is XPM going to make me rich =) ?

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[13:44] <ared> Jashy: I think so!

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[13:44] <TheCloudyKing> Sunny: U know how to mine XPM faster??

[13:44] <SunnyKing> @TheCloudKing, Of course I believe it is a good buy.  But who knows if it actually will be.  I think that with the strong community that XPM has that it will rise in value very shortly.

[13:44] <JHashYbor> ared : your prob right

[13:44] <AlikanMCX> Sunnyking - what will happen to the foundation prize money for finding large primes ( when it eventually happens )?

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[13:46] <SunnyKing> @AlikanMCX, Right now we are trying to find partnerships with the scientific community to lease our primes to.  It's interesting to note that large sequences of prime numbers can be considered intellectual property and thus sold/leased.

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[13:46] <[7]> that raises the question if those aren't public domain already due to being available in the blockchain...

[13:46] <deweydb> SunnyKing: WHOA.

[13:46] <konnichi> good evening

[13:46] <davidpate> bs here

[13:46] <AlikanMCX> Indeed it is - are you worried people could take your technology and seed from a higher number and LOOK for the primes that will earn the prize money?

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[13:47] <mining4altcoins> What is the future for PPC?

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[13:47] <higz> sunny kings presence in this room is raising hte price already!!

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[13:47] <TheCloudyKing> Everyone Keep quiet so we can watch the SunnyKing talk..

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[13:47] <TheCloudyKing> I the CloudyKing silence you.

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[13:47] <[7]> SunnyKing: let me know if you feel that moderation is needed

[13:47]  * r3wt complies

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[13:48] <TheCloudyKing> Can u get rid of the join messages?

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[13:48] <deweydb> no, ops in chan, otherwise +v would be wise. perhaps this should happen in a chan that has ops.

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[13:48] <[7]> I am op in here if needed

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[13:48] <[7]> TheCloudyKing: most clients can suppress join/quit messages

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[13:49] <Mayor_Rob_ford> xpm pump during interview?

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[13:49] <Shad3d> Where do you see Peercoin ten years from now

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[13:50] <JHashYbor> david welcome back

[13:50] <davidpate> line stucked atm

[13:50] <DAVIDTEHBEST> Do you see xpm as a currency or what do you think its defenition should be?

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[13:50] == JHashYbor [320943cd@gateway/web/freenode/ip.50.9.67.205]

[13:50] ==  realname : 50.9.67.205 - http://webchat.freenode.net

[13:50] ==  channels : #ppcoin

[13:50] ==  server   : herbert.freenode.net [DE]

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[13:50] <SunnyKing> @Shad3d, I think predicting where any cryptocurrency would be 10 years from now is quite difficult.  Who would've known that BTC went from $13 to where it is now within only a year!

[13:51] <Shad3d> thnx

[13:51] <TheCloudyKing> DavidPate: can u bring up your Buywall higher for XPM

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[13:51] ==  realname : 92.73.22.65 - http://webchat.freenode.net

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[13:51] <konnichi> is it true xpm going to replace BITCOIN in next months because its much more advanced than bitcoin? I thought it was building on bitcoin itself

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[13:52] <Shad3d> Who are your business and personal heroes?

[13:52] <mustyoshi> What is the change in difficulty between a 9 chain and a 10 chain

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[13:52] <davidpate> not in xpm anymore, only sc/fee

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[13:52] <JHashYbor> XPM TAKE OVER

[13:52] <SunnyKing> @DAVIDTEHBEST, XPM started off as an experiment that sought to resolve scientific questions.  Right now I do believe its definition is being transformed and is headed to the path of being a currency that is supported by actual scientific value.

[13:52] <D6A522394339> noooooooooooooooooooooooooooooooooooo davidpate

[13:52] <fontas> SunnyKing, why did you choose the [999/(diff)^2] generation algorithm?

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[13:53] <SunnyKing> Rather than being fiat based or based on non-valuable work.

[13:53] <PjNova> Sunny : do you have any other ideas for work intensive but value added pow concepts, XPM was a great breakthrough to a new genre of crypto

[13:53] <mustyoshi> How high can the diff go before there is 0 reward?

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[13:53]  * [7] has a feeling that this is getting out of hand

[13:53] <funkenstein> how are pairs of pseudoprimes more valuable than SHA256 hashes?

[13:54] <mustyoshi> Because they help us see the distribution of pseudoprimes.

[13:54] <eennaam> SunnyKing: do you think XPM has become more than an experiment? i think because it might be asic/gpu resistant it could be the real coin for 'the people' because everyone can always start mining it, could be important?

[13:54] <SunnyKing> @PjNova, I've been toying with the idea of creating a distributed brute forcing protocol that could be used to counter the technologies developed by centralized governments.

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[13:54] <AlikanMCX> @sunnyking - souns fun and bad for your health

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[13:55] <PjNova> @sunnyking thanks I was thinking about all the @setiathome, ect. and there must be 100's of uses for these blockchains glad to know you are moving foreward

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[13:55] <SunnyKing> @Fontas, I created the generation algorithm to limit coin generation over time.

[13:55] <funkenstein> sounds good Sunny keep up the great work!!!

[13:55] <r3wt> SunnyKing, are you aware of Gridcoin, and how it layers BOINC on top of the proof of work scheme as a bonus incentive for miners, and if so what, if any, opinion do you have of Gridcoin and how well do you think it could be implemented with existing altcoins. I'll hang up and listen

[13:55] <SunnyKing> While the coin generation doesn't stop per se, it virtually halts until technology improves.

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[13:56] <rdebourbon> SK - whats the plan for the hard fork to further safeguard network with prime header hash generation.. and given the time taken to breach 9.9diff , and the resistance to GPU  ports etc, how long do you estimate it will take till we are on the verge of diff 11 - if a significant period of time away do you think the "high" minting rate and VPS miners  constantly "dumping" will devalue the coin long term?

[13:56] <AlikanMCX> @sunnyking - or the math / miner coding improves.

[13:56] <TheCloudyKing> Sunny: How do you feel about XPM having a higher value than PPC.  Is it justified?

[13:56] <JHashYbor> Sunny do you like Sunny D?

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[13:57] <SunnyKing> @TheCloudyKing, They are based on different hashing algorithms so I believe the difference in value is justified.  XPM offers a completely new set of features and is a new protocol.

[13:57] <@[7]> damn, user list changing too fast to hit the right one, lol

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[13:57] == mode/#ppcoin [+v SunnyKing] by [7]

[13:57] <+SunnyKing> @JHashYbor: No it tastes like corn syrup

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[13:58] <Shad3d> Who are your business and personal heroes?

[13:58] <Legend> Why not make a coin which has the best of XPM and PPC?

[13:58] <PjNova> They use pond scum algee in Sunny-D

[13:58] <PjNova> lol

[13:58] <TheCloudyKing> SunnyKing: If I had to pick one coin to invest my GrandMa's bingo fund, would it be PPC or XPM?

[13:58] <r3wt> one at a time guys...

[13:58] <fkingalias> how about every1 shuts the fuck up unless they ahve a real question

[13:59] <Stalast> ^this

[13:59] <rhyspilko> +1

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[13:59] <eennaam> +r and questions pm to .. oh wait no good idea

[13:59] <ared> SK: After PPC version 4.0 release, will you go back to working on XPM?

[13:59] <@[7]> eennaam: do you want to moderate?

[13:59] <r3wt> he's probably being snowed under by a barrage of pm's already

[13:59] <+SunnyKing> rdebourbon: Loss of value caused by miners dumping the coin will be negated by its logarithmic generation algorithm.  We do need XPM in circulation however  GPU and other optimization of the hashing protocol is inevitable, and I think that users should see it as a positive for the coin.

[13:59] <eennaam> maybe

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[14:00] <eennaam> i see, so it isnt GPU resistant

[14:01] <kellimtai> Actualy there are most machine working still in 32 ist there also a solution comming up for them?

[14:01] <Haleseen> Sunny King, did you turn XPM off just now? It's been a while since we've got a block.

[14:01] <+SunnyKing> @eennaam, GPUs are highly efficient parallel processing machines and have open source development platforms that would eventually allow for XPM hashing.

[14:02] <JHashYbor> Sunny : Great answer, great answer..lol..now the real question...do you think XPM will take # 2 spot ?

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[14:03] <+SunnyKing> @JHashYbor, Absolutely. XPM is already a top cryptocurrency by market cap.  I think that litecoin has really failed to garner grassroots support for the currency and that XPM can really take some lessons learned from that.

[14:04] <trololo> Do you believe that with quantum computers xpm will lose terrain to ppc?

[14:04] <@[7]> SunnyKing: you really don't want moderation in here?

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[14:05] <eennaam> SunnyKing: nice to see you on IRC, but how come you feel comfortable here (suddenly)

[14:05] <+SunnyKing> @[7]: Feel free to moderate as you see fit! I don't want to stifle discussion or anything

[14:05] <rdebourbon> my final question - is there anything I can do to get "promoted" from lowly XPM miner developer to XPM dev to help secure the currencies future

[14:05] <Shad3d> Is PPC/XPM your full time job?

[14:05] <Haleseen> rdebourbon, switching over to the dark side are we?

[14:05] <D6A522394339> lol rde

[14:06] <D6A522394339> dark side tempting you man

[14:06] <@[7]> SunnyKing: I have a feeling that 90% of the relevant questions will get lost in the noise otherwise, and that we'll get stuck discussing unimportant sidetracking questions

[14:06] <rdebourbon> lol I make no beans about my support for XPM

[14:07] <longandshort> yer come on comunity show a lil maturity here this is big stuff

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[14:07] <rhyspilko> lol, internet

[14:07] <kellimtai> Sunny : will be a publicity effect comming up like they did in Berlin with Bitcoin?

[14:07] <+SunnyKing> @rdebourbon: In the future there will be a more formalized XPM panel but right now 90% of the work going into the project is unpaid.  It's just an unfortunate reality of open source software.

[14:08] <PjNova> @sunnyking what is your stance on XPM possibly being utilized in a TOR hidden service based free market, there has been some speculation of one opening up.

[14:08] <Shad3d> SK: Some in the crypto community have compared you to Satoshi, Coblee, RealSolid, Balthazr, and other such greats ...what do you say to this?

[14:08] <mustyoshi> Quantum computers will probably only speed up primality testing.

[14:08] <fontas> SunnyKing, what's the 6 month road map for XPM development

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[14:09] <+SunnyKing> @kellimtai, The publicity will come from actual need for prime numbers rather than speculative value.  I think that a cryptocurrency with intrinsic value is the future of monetary based systems.

[14:09] <r3wt> it makes sense, i should have known you were a scientist

[14:09] <r3wt> SunnyKing, are you aware of Gridcoin, and how it layers BOINC on top of the proof of work scheme as a bonus incentive for miners, and if so what, if any, opinion do you have of Gridcoin and how well do you think it could be implemented with existing altcoins. I'll hang up and liste

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[14:10] <fkingalias> r3wt, fuck off mate

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[14:11] <kellimtai> thank's for answer SK

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[14:11] <+SunnyKing> @r3wt, I have not heard of Gridcoin but the team is always looking at things to implement that would add value to the coin.  We'll have a look.

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[14:11] <r3wt> thanks

[14:12] <TheCloudyKing> So Sunny, If I found the block of Prime and it gets leased and sold.. WIll I get a cut from that?

[14:12] <kellimtai> what is the main chance that Primecoin get over Bitcoin in the futur

[14:12] <duetschpire> hey boys

[14:13] <duetschpire> nice XPM days isnt it?

[14:13] <eennaam> and PCC

[14:13] <eennaam> PPC

[14:13] <trololo> SK do you plan to publish the xpm paper in a peer reviewed journal? Do you think that you need support from the scientific community to give more credibility for xpm?

[14:13] <JHashYbor> no questions about PPC? odd

[14:14] <+SunnyKing> @TheCloudyKing, Right now there is a lot of discussion with the team about that. We are looking at ways to anonymously reward the miner. There are several methods we have come up with and are still negotiating on the best course of action.  But of course... the miner will be rewarded.

[14:14] <mining4altcoins> What does the future hold for PPC? is it a worth while investment?

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[14:14] <FuzzyBear1> jhashyboy this is just a little spot questions for sunny, the formal questions on PPC will be later

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[14:14] <@[7]> SunnyKing: do you think that a PPC/XPM development fund would make sense? It could be filled e.g. by optional (but enabled by default) donations in mining software etc.

[14:14] == cryptrol [5c39744d@gateway/web/freenode/ip.92.57.116.77] has joined #ppcoin

[14:14] <FuzzyBear1> hey sentinelrv

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[14:15] <PjNova> @sunnyking is it feasible to develope a blockchain that's sole purpose is to decipher the private key on BTC address 1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX

[14:15] <Shad3d> SK: Do you have any near term(6 months) plans for PPC or XPM ?

[14:15] == Haleseen [42af87bf@gateway/web/freenode/ip.66.175.135.191] has quit [Quit: Page closed]

[14:15] <shakezula> SunnyKing: What do you think of Dacoinminster's Idea of "Mastercoins" or creating coins inside protocol layers?

[14:16] <+SunnyKing> @7, At this time I believe trying to gain any type of donations could only negatively impact the credibility of the project.  I believe once I turn to XPM as a full-time project in the future and XPM has grown enough then it may become a possibility.

[14:16] <duetschpire> SunnyKing, do you think adding XPM to cryptothrift.com would add value to the coin?

[14:16] <eennaam> SunnyKing: what motivates you to do all this difficult work? Need a better world? have you been treated unfair in your childhood? (I agree, just wondering)

[14:16] <FuzzyBear1> SunnyKing are you going to do the main PPC interview in here or on the peercointalk.org forum chatbox?

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[14:17] <+SunnyKing> @eennaam, I get bored with life honestly.  Challenging work keeps me going.

[14:17] <@[7]> SunnyKing: assuming I would develop some kind of a pre-packaged PPC solo mining stratum server appliance, which would be default donate 0.1% of the hashrate to the developers of the appliance, would you like to get another 0.1% towards the coin developers?

[14:17] <nyc10> SunnyKing: Do you have a full time job?

[14:17] <D6A522394339> SunnyKing, in case of rewarding miner how will this work out with pools who have all blocks mined to one address?

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[14:18] <D6A522394339> The one paid would be the pool and not the actual miner who mined the record block, no?

[14:18] <+SunnyKing> @D6A522394339, It's still in dicussion but it's possible to assign work with a private key, and that miner would store the private keys for completed work for later reimbursement.

[14:19] <+SunnyKing> @nyc10, Yes I do. I work in the aerospace industry.

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[14:19] <Zzzzz> SunnyKing: What scientific project is XPM working with?

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[14:19] <nyc10> NASA:)

[14:19] == moe has changed nick to Guest70882

[14:19] <+SunnyKing>

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[14:20] == SunnyKing [c05e4138@gateway/web/freenode/ip.192.94.65.56]

[14:20] ==  realname : sauron9.larc.nasa.gov/192.94.65.56

[14:20] ==  channels : +#ppcoin

[14:20] ==  server   : herbert.freenode.net [DE]

[14:20] ==  idle     : 0 days 0 hours 0 minutes 36 seconds [connected: Thu Oct 17 13:39:57 2013]

[14:20] == End of WHOIS

[14:20] <JustaBitofTIme> Hi All

[14:20] == abc123 [818a0e4a@gateway/web/freenode/ip.129.138.14.74] has joined #ppcoin

[14:20] <nox_> Hi

[14:20] <AlikanMCX> @sunnyking is it true you work for/at nasa?

[14:21] <duetschpire> SunnyKing, did you get my question?

[14:21] <kellimtai> are you the only one who is interested in crypto or is there a group around you from your work place who is mostly interested in?

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[14:21] <+SunnyKing> @Zzzzz, We don't have any formal recognition at the moment but the scientific value for prime numbers are endless.

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[14:21] <TheCloudyKing> SunnyKing You work for Nasa?? sauron9.larc.nasa.gov/192.94.65.56

[14:21] <Guest44772> oh shit

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[14:21] <Guest44772> so y'all are talking about ppcoin?

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[14:22] <Lepton> mother of god

[14:22] <Guest44772> pizza pizza coin?

[14:22] <fontasismydaddy> i think my paternity test was wrong.  SunnyKing is my daddy.

[14:22] <fkingalias> lol

[14:22] <DAVIDTEHBEST> SUNNY what do you think of nova coin vs ppc?

[14:22] <trololo> Sunny King why not publish your white paper in a peer reviewed journal?

[14:22] <Zzzzz> SunnyKing: True. Primes can be used to find cures for disease, create medicine, calculus and more, but can also help create negative things too.

[14:23] <Lepton> yeah, we all know nukes need prime numbers to work amirite?

[14:23] == mode/#ppcoin [+q *!*@gateway/web/freenode/ip.129.138.14.74] by [7]

[14:23] <eennaam> do you have a gf SK

[14:23] <eennaam>

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[14:23] <Shad3d> SK: Do you have any near term(6 months) plans for PPC or XPM ?

[14:23] <JustaBitofTIme> ~40 minutes until the interview. Lots of great community questions listed at ppcointalk.org

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[14:23] <+SunnyKing> @Trololo, A lot of work goes into publishing for peer reviewed journals. To be honest I don't have the time for it right now.

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[14:24] <kellimtai> what about mineing over a android tablet or phone?

[14:24] <matt608> Sunny King, could you explain a bit more how primes can be used to do all those amazing things such as cure disease?

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[14:25] <@[7]> kellimtai: do you really want to waste your phone battery on that?

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[14:25] <fontas> Sunnyking, any ideas for future coins with scientific application mining?

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[14:25] <JustaBitofTIme> Hey Sunny.. do you need anything else from me or are you ready to go at 10pm UTC?

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[14:25] <+SunnyKing> @Shad3d, The 6 month plan for primecoin is to increase awareness and support of primecoin within the communities as a legitimate cryptocurrency.  It seems to me that so many coins are pump and dump schemes with no real added value to the community.

[14:26] == mode/#ppcoin [+v JustaBitofTIme] by [7]

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[14:26] <Shad3d> thnx

[14:26] <deeltje> SunnyKing, its funny you should mention that, XPM is being pumped-dumped as we speak

[14:26] <Lepton> SunnyKing, have you thought about merging ppc and xpm?

[14:26] <TheCloudyKing> SunnyKing Is there a way to find out the last Prime found by a miner?

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[14:27] <eennaam> one client for two currencies?

[14:27] <+SunnyKing> @fontas: Absolutely.  The team is currently looking at ways to implement matlab/simulink derived distributed simulations.

[14:27] <fontas> matlab integation with crypto would be incredible

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[14:28] <AlikanMCX> indeed +1 to that

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[14:28] <longandshort> SK can you crush the fallacy of a centralized network for us pls..sorry if its been asked im having trouble staying connected here

[14:28] <Zzzzz> SunnyKing: What's your stand on GPU miners for XPM? And the scams some of those developers, so called creators of a XPM GPU Miner.

[14:30] <TheCloudyKing> SunnyKing Is there a way to find out the last Prime Number found by a miner?  Have we found any primes that do not exist currently??

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[14:31] <Lepton> [SunnyKing] (c05e4138@gateway/web/freenode/ip.192.94.65.56): sauron9.larc.nasa.gov/192.94.65.56

[14:31] <Lepton> mother..of god

[14:31] <+SunnyKing> @longandshort: Of course. Unfortunately there has been a rumor circulating around by some developers of other cryptocoins that XPM is centralized.  It's untrue while XPM does support blockchain checkpointing, this is a feature that can only be used by the end user and not by myself or anyone on the team.

[14:31] <+SunnyKing> @Leptop, what's that?

[14:31] <@[7]> SunnyKing: your IP address

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[14:32] <cfras> CloudyKing https://bitcointalk.org/index.php?topic=253409.0

[14:32] <eennaam> many tried to make some kind of high performance computing coin, for selling cpu distributed cycles to parties that need it, (coinlab), what makes it so difficult, the logistics of getting the jobs, or getting all the data/different algoritms, maybe there is patent in some technology that needs some licensing? hmm i guess if i knew i would be making it myself

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[14:32] <@[7]> SunnyKing: to what kind of degree has checkpointing been phased out of ppcoin by now?

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[14:32] <Lepton> we have an actually rocket scientist developing ppcoin guys

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[14:33] <pocrl> what is this

[14:33] <D6A522394339> not ppcoin lepton we are talking primecoin here

[14:33] <D6A522394339> PRIMECOIN

[14:33] <fkingalias> the channel is called ppcoin lmao

[14:33] <Lepton> this is a primecoin ama?

[14:33] <D6A522394339> we have a actual rocket scientist developing PRIMECOIN

[14:33] <D6A522394339> to do with MATH and PRIME NUMBER to help MANKIND

[14:34] <D6A522394339> now pump it up etc

[14:34] <pocrl> SunnyKing whats yours perspective for the PPC price in 2 years?

[14:34] <eennaam> guess there has been some progress on 0.4.0 since nasa was shut down for a couple weeks

[14:34] <rdebourbon> SK what are the most important growth areas you see in the next X months to boost XPM awareness/value - is there any one particular area you think needs to be enhanced / expanded upon?

[14:34] <eennaam>

[14:34] <Lepton> I think in the future ppl will be more concern about cryptocoins energy cost than finding primes

[14:34] <+SunnyKing> @7, PPC is no longer reliant on central checkpointing but it is being used as a precaution against 51% attacks.  We'll continue to decentralize the currency as the network permits.

[14:34] <Raziel420> eennaam the way congrress is working NASA won't be around much longer

[14:35] <@[7]> pocrl: please do not ask that kind of speculative questions, on top of that it has been answered before

[14:35] <Lepton> so I see a brighter future for PPC than XMP, but both are awesome coins

[14:35] <Shad3d> PeerCoin/PimeCoin the only coin developed by NASA scientist !!!

[14:35] <Lepton> maybe hes a brain surgent on free time too?

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[14:36] <pocrl> "it has been answered before" ? Where? I just got here now...

[14:36] <@[7]> c'mon guys, please keep the noise level down

[14:36] <matt608> Sunny King, are you the developer who is working on 'Nxt'?

[14:36] <TheCloudyKing> This is for the ROOM and not SUNNYKING.  Uh why don't all of you go and buy UP XPM on mcxnow.com .  Use one site so it rocketship the coins' price faster!  If you buy the coins and one of those coins end up to be one of those special PrimeNumbers, it's like hitting the lotto!  Do it now before everyone catches on.

[14:36] <Shad3d> come on...more SK questions !!

[14:36] <+SunnyKing> Well thanks everyone for the questions.  I look forward to doing an interview again soon! I'm very happy to see the community is very supportive and I look forward to having a very succesfull year with you all!

[14:36] <@[7]> [22:50:55] <SunnyKing> @Shad3d, I think predicting where any cryptocurrency would be 10 years from now is quite difficult.  Who would've known that BTC went from $13 to where it is now within only a year!

--------------------------------------------------------------------------------

[14:37] <Jason_> @Sunnyking: Thanks for doing the interview

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[14:37] <Jason_> PPC TO THE MOON

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[14:37] <Lepton> wait I thought the interview was starting in 23 minutes

[14:37] <cuantar> Thank you for your contributions to the cryptocurrency community, SunnyKing.

[14:37] <Lepton> you mean its over?

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[14:37] <D6A522394339> lol

[14:37] <TheCloudyKing> go buy your XPM coins at   www.mcxnow.com

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[14:37] <eennaam> what did just happen

[14:37] <fontas> Doesn't it start at 10pm utc?

[14:37] <beezneez> thats what i thought...

[14:37] == Ronan_ [4c761dd1@gateway/web/freenode/ip.76.118.29.209] has joined #ppcoin

[14:37] <TheCloudyKing> Tell them TheCloudyKing sent you and you get a bonus!

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[14:37] <Raziel420> which was 30 minutes ago

[14:37] <Lepton> i thought it started at 18:00 EDT

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[14:38] <Ronan_> when does the interview start/where is it?

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[14:38] <D6A522394339> hahaha

[14:38] <Shad3d>  and he's...out!..thats it..SK has spoken!!

[14:38] <pocrl> @7 let me ask the other way around, when do you think PPC reward will get to 25?

[14:38] <fkingalias> lol watch xpm crash now

[14:38] <TheCloudyKing> Ronan: SOon

[14:38] <beezneez> man, is there an archive of this online somewhere?

[14:38] <eennaam> i must be dreaming

[14:38] <@[7]> pocrl: I won't answer speculation questions either

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I was thinking, it might be best to payout everytime we get close to 9-10 BTC.  If we send a lot of small payments, we'll run into a lot of transaction fees.  So next payment will probably be about a week and a day or so.

Everyone who's confirmed their address should have their first payment already.  Let me know if there are any issues.

Charles

Okay, I updated the spreadsheet to show who's confirmed their tiny deposit and is ready for payment.  If your name is not checked off.  Please confirm that you received the tiny deposit I sent yesterday.  I will not send payment to the Bitcoin address on the list until I have received confirmation from you via message.  This is to protect you and me from any mistakes.  Looks like only 7 confirmations are missing at the moment.

https://docs.google.com/a/emcsd.org/spreadsheet/ccc?key=0AkhCYA7Cr4o3dFhqOGF2U3VXeEVjVEo5T1lUQXBOX0E&usp=sharing#gid=0

OKay, I've sent a small test payment to all the group buy accounts.  If you receive your tiny amount from the address:

18eFPFEyZdWchdSHWk7pDs141aaSVbE9W7

Please message me so that I can send the first full payment.

I will not send any btc to those who do not respond.  I don't want to send to a dead btc account and lose your money.  So message me and you'll  receive your first payment in the next day or so.

Thanks

Okay a little bit of bad news and good news.  Firs the bad news. Well one of the miners had a hiccup while mining and we went without mining for a few hours on it.  It didn't seem to want to start mining again after I recycled the power so I decided to upgrade that unit to version .95.  After the upgrade, it seems to mine again.

The good news is it's mining a little bit faster about 15 GHS faster than before.  And the other good news is I've set that miner on bitparking.com's pool.  I think I have everything right.  I'm still waiting for the first payment to come through.

I'm leaving the second miner alone right now as I do not know how stable version .95 is yet.  Also the second miner has been performing very well with no hiccups.

Yes, that's pretty close.  So far total earnings is about 4.8 btc to be split among 80 shares.  Keep an eye on the google docs spreadsheet, I will try to attach graphs.

Okay So far we've been running without any hiccups for 2 and a half days.  I know btcguild charges 3% but I really like how smooth their pool is and how little errors I see coming from the miners.  They also have some pretty graphs.  So I figure 3% isn't so bad to pay for stability and all.  Also you get some Namecoins.  After we get a certain amount, I'll sell the namecoins off and add it to the payouts.

If there's no majority objection, I'll keep it on btcguild.com.  The weekend is getting close and I don't want to drive to the office if a particular pool goes down. 

I plan on getting everything ready and sending out some test payments to all the addresses I have listed.  After the test payments have gone out, I will need everyone to respond to confrm that they received the payment.  After this confirmation, I will send out your full portion of the earnings. 

If there is no response, I will hold the payments until a response is received. 

I think it's best to merge the two groupbuys together as they are equal and showed up the same day and time.  So it makes sense to just keep them together and split it into 80 shares.  That way if one miner goes down, we all share equally on the downtime.  The first payout will probably take about a week.  I will send out test confirmations to everyone soon.  Those that do not respond, I will hold their btc in a seperate account until there's a response.  Bitcointalk was down for almost a week so I'm sure some are not aware that we received our Miners.

Here's the latest btcguild image.  It's generating about the right amount of btc for the 12 hours it's been running.

http://postimg.org/image/mxtb26zl7/

The mining software is actually running on the KNCminer device itself.  I'm not sure how to go about installing cgwatcher onto the machine.  It's been running over 12 hours smoothly.  I have a ping set on it to email me if anything happens.  to either machine. 

If you guys hear of others installing cgwatcher onto the actual unit successfully, please let me know and provide instructions.  I really don't like to be the guinea pig. 

I'll also look into how to go about setting up a secondary pool in case the first one fails.  The software that comes with kncminer doesn't offer many options.

I looked at bitparking.com and they just recently encountered some DDOS and since things are running so smoothly at the moment with btcguild and it does offer NMC merge mining.  I'll keep it there at this time. 

"2013-10-06: The pool has been suffering a DDoS attack over the last 24 hours and service has been intermittent. I'm working with my service provider to resolve the issue."

I'll wait til things settle down at bitparking.com before making it the primary pool.

Charles

Okay Both units are up and running.  So far no hiccups!  Minor HW errors.. about 1 every few scroll pages.  I am currently using btcguild.com to mine with merge mining NMC also.

If anyone else has a better suggestion, please message me, along with instructions on what's best.  I'm pretty open to suggestions as long as it's a stable pool.

I will let the units run at my house for another hour or so to make sure it's stable.  Then I'll take it over to the data center.


So there's a few things, I'll need from all of you before the first payout.  First, please confirm your Payout addresses are correct. 

https://docs.google.com/spreadsheet/ccc?key=0AkhCYA7Cr4o3dFhqOGF2U3VXeEVjVEo5T1lUQXBOX0E&usp=sharing

Message me with any corrections.

Thanks

You guys think I can put two Saturns on one power supply?  Or is it better to just run each on it's own PS.

I have a 1200 Watt PS.  I'd prefer to use one as it saves space.

Thanks for your input.

Okay I now have both miners in my hand.  One came in with a loose fan that's out of place.  So I'm trying to find the right screw to unscrew it and get it running.  With some help from Ivan, I was able to get the second miner up and running.  I haven't updated any firmware on it yet but it's running smoothly at about 250GHS - 290GHS. 

I've seen a lot of post where others are experiencing issues when they upgrade to the latest firmware so instead of updating to the latest firmware today.  I"m going to let that one guy run for a bit.

I know some of you have suggestions on mining and mining pools so I will work with you on that and see what the best option is for us as a group. 

Neat!  While I was typing this, the unit has stablized at a speed of 285 GHs with minor fluctuation.  I will accept that!

I will post another update later this evening when I get the second unit up and running.

So now back to working on the second unit.

Good News Folks.  Really good news!  Both Shipment just cleared customs and should be in my hands to begin mining this week!  I will post when I have it running!

thanks for being patient!

Me too! HOpefully the bump in speed can help us recover our initial investment faster.

If I get any shipment info, I will post here right away! 

YEP, looks like it's setting up for a big big fall down to reality.  Get ready to buy shares at .3 again soon.