Hm, what's the specific command that you're using? Also which miner/OS are you running on?

Is your wallet open at the time? Has to be if you're solo mining.

Different algorithm from XVG, different benchmarks

It does allow us to consolidate and drive the hashrate towards the official pool though, to further protect against 51% attacks. Not necessarily a good or bad thing. While Suprnova did allow us to gain further exposure and attract the mining power of their clients, it also drove the PoW difficulty up and alienated smaller miners.

Were you solo mining? If you were mining in a pool, anyone can discover a block--it doesn't really mean you get the reward. In a pool, the reward is split between everyone who contributed hash rate.

Hey guys, the official pool is back up. Payouts should work.

Also, about the staking. I personally stopped staking, went and moved all the coins I had control over to a single wallet and stopped it from staking. You can see that wallet at the top of the rich list. However, the other devs did not feel the same way--we didn't do an ICO, we'll be supporting this coin fully ourselves, we'll have a higher overhead because of 0% fees and supporting an entire platform on our own, and continued to stake their share. There's not 1000 wallets that are staking, there's 100. The difficulty is not necessarily high because we are staking, when we were staking earlier the difficulty never went over .005. People are getting a lot more coins because of the bounty and are staking on their own.

I'll talk to them as soon as I can (it's 7:00 AM here), and probably send them a portion of my share to stop the staking. I get that it's a controversial issue, and I know you all are up in arms about this.

I really want this coin to succeed.

Apologies. I stopped staking my portion of the premine as well as all the other funds. The other devs didn't feel the same way after the other responses agreeing with staking the premine. You can see the top two wallets with the majority.

The Slack campaign has just finished its quota! More than 1000 people have joined the Slack and as a result we're no longer offering 25 SGL on signup. The campaign may come back in the future but it's run its course currently.

In other news, the official mining pool is back up and running. We lowered the fee to 1% to further compete with suprnova. Check out http://sigilmining.com for details

No problem. And yeah it can be a bit weird sometimes. If you're sure that it's been 24 hours since they've been confirmed in your wallet, try closing/reopening the wallet and it should work.

Every time you move your coins, they'll have to mature again. Has it been 24 hours since you divided your coins?

Congrats! Glad to hear it.

Thanks! And about the Slack, there's a working link in the main post of this ANN, under "Social Channels." I'll fix it on the site in a bit.

Thanks! And nope! Only given out 100,000 SGL so far, plenty more to distribute.


Sorry, can't speak too much on it right now. We're in contact with some, waiting to hear back from most. We'll post here immediately when we have some concrete news to share.

By the time we get on exchanges, there'll be ~3 million SGL in circulation. Of those, 2 million are held by the devs, and won't be touched. It all depends what people believe a fair market cap to be.

Well we're giving away 500,000 coins in an extensive bounty program, check the site for details. You can earn anywhere from 25-2000 coins for completing simple tasks. No exchanges yet but we're working on it!

Really sorry for any inconvenience. Digging further into this, it seems that the blockchain data can sometimes corrupt for some reason on the Windows OS due to PoS blocks being processed incorrectly. Could you try a rescan of the network through backing up your wallet.dat and deleting all other items (besides wallet.dat) in your data folder and then reopening the wallet? You're right, that's the only way to fix this at the moment. I'll try to find the root cause of this further.

To be fair we're haven't been staking most of them and are giving away 500,000 coins. Also we're being asked to front the costs for an exchange and crowdfunding site with no fees whatsoever or ICO, instead the team raising the funds on their own.

We made the decision not to to run an ICO because we believe in the future of the coin. We figured the premine was necessary because it allows us to retain some of the coin for future work and development, however we did not expect this backlash when we mentioned that we were staking, because as @Crypitol mentioned, we are fronting all the costs and hoping to build this coin from the ground up. The overhead will be actually even more significant than other coins--we'll be running the crowdfunding site without taking any fees.

Still though, we understand that it looks bad for devs to be staking this early in the game, and as a result we'll halt these efforts while we build up the network and allow for the coin to grow organically.

I apologize personally on the behalf of the team. We won't make the same mistake again.

Done, okay, we'll stop staking. We clearly miscalculated. Apologies for putting you guys in this situation. I'll work on clearing up the top 100 wallets and making everything more transparent as soon as I get the mining server back up and running.