A pool ran dead on 300 blocks on worldcoin.. is that a first for any crypto?
God must be hating on WDC then, lol.
I don't hold any WDC but then again I don't support any system which is fundamentally flawed.
What exactly do you mean it ran dead on 300 blocks? one of the larger pools was hashing 300 orphaned blocks before it dropped it and jumped on the real block chain. It was due to two other larger pools in the same data center dominating the chain |
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What a coin needs is incentive to hold it. All coins are inflationary. As more are produced they dilute the value of the older coins. You need to offset the inflation.
Purely hypothetical conjecture
A coin that rewards holders of the coin. The coin pays interest to account holders, 50% to holders, 50% to miners. Miners will create the coin and as long as they store it it earns full interest from fees on the network.
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I'm surprised so many people are recommending 7950s. You can build a 5 gpu rig with 7850s that will do 1.9-2 mh/s for around $1100. With good sales, it would be even less and you get more game codes to sell.
7850 vs 7950. wattage per kHash. 7950s are cheaper the longer you run them vs the 7850s. How fast that savings is returned is determined by the cost of your electricity service. Also increased density. I can get more GPUs in one box for total wattage than I can with 7850s. |
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I'm not getting any payouts from fenican and am not listed on the "Payouts if a block were found NOW:" portion of the page. Anyone else having this problem? I have 0 digicoins  Can someone send a small amount to verify that my wallet is working? DAw7cpiHYEHT6xebrvZT25wtZjjXBbizpg payouts take some time before they process. I"m getting payouts from fenican. I have for some time now. |
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I did a quick "back of the envelope" calculation. Looks like we are about 240% more profitable to mine, at current google docs exchange rate and 1.84 difficulty, than LTC.
That makes DGC the most profitable major coin at the moment !
shhhhhhhh. |
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WorldCoin seems to really have potential for a long term hold.
I hear the dev's are working on a thin/mobile wallet as we speak.
Some websites already accepting WDC as payment.
It's all speculation this early, but we shall see, but I put my bet on WDC.
proof? |
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I've got my milk crates on plastic shelves 2 crates per shelf with just enough room for a 16 inch fan to slide on top to exhaust the cards.
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will sell 1k for 40 LTC
you are trying to buy under the current WDC rate.
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doc shows a lot of DGC buyers. hmmm...  |
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oh I need it. as soon as it becomes profitable I mine it and sell it immediately. I'm fine with that. What I'm saying is, if you offer me an infrastructure with it I might be willing to hold on to it for longer. If it appreciates in value the coins I mined n months ago will pay for future bills and product so I'm saving money. It's like the bit coin pizza. If they knew that bitcoin would have an infrastructure they would not be so willing to part with so many bitcoin for a single pizza. IF WDC shows that it can build an infrastructure I won't sell, otherwise I dump away.
Why don't you help build that infrastructure instead of simply sitting on your butt and expecting other people to do it? It's an open source community project, it's not Worldcoin inc. feeding your needs. not sitting on my butt. too busy mining. besides its a separation of concerns. I'm in the business of mining, not in the business of developing coins. maybe you should talk to the developers and figure out why they are "sitting on their butts". |
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sounds good. now what can I buy with wdc? can I pay a bill with it?
You don't need WDC, you are better off with fiat. Move along. oh I need it. as soon as it becomes profitable I mine it and sell it immediately. I'm fine with that. What I'm saying is, if you offer me an infrastructure with it I might be willing to hold on to it for longer. If it appreciates in value the coins I mined n months ago will pay for future bills and product so I'm saving money. It's like the bit coin pizza. If they knew that bitcoin would have an infrastructure they would not be so willing to part with so many bitcoin for a single pizza. IF WDC shows that it can build an infrastructure I won't sell, otherwise I dump away. |
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I just bought more WDC with the the cheap price.  whats cheap to you guys and what do you think should be the going rate and expected rate? I believe WDC should be going for around .003 BTC. It has the potential to do much better when the difficulty starts getting into the hundreds eventually. It's just the miners are noobs and sell too cheaply, same thing happened to FTC and CNC when they first listed. Sure, most low difficulty coins aren't worth much. People don't get what fast transactions means. I will give you an example, atm if you wanted to use Bitcoin for a drive though take away payment, you would have to accept zero confirmations! As you couldn't afford to hold up the line for 10min waiting, even 2.5min of LTC would be impractical. With WDC it suddenly becomes an option. Think about that. sounds good. now what can I buy with wdc? can I pay a bill with it? |
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how much of a temperature difference do you see from applying a new compound?
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Fenican's P2pool has been very reliable for me. Much more than any others I've tried.
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I saw someone mention an upcoming blockchain problem with WDC. Anyone know any details on that?
Just that their 15 second target blocks, is a little ridiculous. I thought ChinaCoin was ridiculous with their 1 minute blocks. But world-coin outdid them here. Having such short timeframe for blocks creates a lot of inconsistencies, and keeps difficulty lower than it should be.. For a block found in 15 seconds, it may not even get broadcast to the whole network before the next 15 seconds are up. I'm not sure but it could be why there was a major alt-pool which ran on a dead blockchain for 300 blocks in a row on WDC. I think ultimately the fact that they chose such a short block time signifies they had no idea what they were doing in making their alt, and it will inevitably be the end for the coin in the long run. But, enjoy it today, while its reigning #1 on coinchoose.com. If it has a marketplace and vendor that accept it, it won't matter how frustrated on overwhelming number of miners are. If infrastructure is built, demand will rise. For all we know, the Dev could have intended on discouraging too many miners from mining then dumping the WDC network. a coin needs to withstand the pump and dump long enough to establish a commerce infrastructure. only then will it have staying power. these coins are like infants learning now to walk. they will fall down over and over again until they figure it out. |
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