I'd have to disagree. Being wealthy is a responsibility in itself, and you become a much higher profile target for all sorts of evil men. Especially the "benevolent" rulers.

There are a lot of downsides to wealth, and even more to fame. I've looked at it from near and on the fringes many times, and I've had wealthy friends who's names you would recognize. But I value their friendship more than the name dropping. The pros outweigh the cons to me, but the wealthy do not live simple lives. Having a simple life has certain appeal as well. Wealth in itself is not a goal for me. It's a milestone in my goals, but of itself it's not a goal. I would rather be wealthy than poor. I would in fact like to be ultra rich, because then I could achieve the things that are actually important to me. Understanding that linkage is difficult for most people, thus even if they manage to accumulate a fair amount of treasure, they generally piss it away trying to LOOK wealthy.

In my pleasures, I'm a simple man. I don't see this changing if I do achieve wealth. In my passions, I am not, and this most certainly won't change. I think the gentleman's question was legitimate.

Wealth is power. I've never been rich, but I've been pretty well off, and I've been dirt poor and homeless. All have their good and bad points, but the good points of being wealthy outweigh the bad, because of the personal power you can wield. If you want to effect change as a poor boy, you have only your wit and voice. As a rich man, you have the ability to amplify that wit and voice with a great many things.

To me, wealth is not in itself a worthy goal, it's a measure of success in things that matter much more to me. Not the only measure by any means. But if I could achieve sufficient self sustaining wealth to not worry about what my family will eat next week, or next decade, I would have far more time for other ventures. I am not the guy who would win powrball and go bankrupt a year later

Well, in the classic sense a "gentleman" is someone who owns land...

So I don't qualify there. I'm not sure I'll ever be elite either, but I wouldn't mind

There's an unofficial one by Vjain. I don't have the link handy, but if you scroll back in the thread a bit you'll find him and it.

Yeah, it does. This is for support of the community and long term gains. I was afraid this would happen. I haven't the time to gain the expertise right now, or I would try to do my own multipool. I know the basics, but I do not know how to set up auto switching algorithms nor the bet way to set up trades.

I made 1.29 hyp for about 3/4 of a day at 2.07 MH. I have a rental rig pointed at it now with 85 MH/s scrypt, for three hours. We'll see how it rolls.

There's the crazy little bastards right there

Sure. I'm real busy right this minute, but a quick overview:

Interest is a cost appended to a loan, as in the lender is repayed the principle and a fee. The fee is interest.

Proof of stake is actually unrelated to this, though the calculation is the same. Proof of Stake is actually an alternate proof of work mining, it is just a different method than hitting the block template with many thousands of attempts at solving an equation.

I'll go into why this matters later.

Also wanted to note that the 10 coins in single coin blocks are all about a day away from being eligible for stake, for any of you lovely lunatics following the experiment.

Address is pSTdDBKzCH1wqsRTTpkDY8rtAXyFqYwKG4

I might be able to do some of this, if some of the more technical guys can run with my prose and edit for errors. I'll get started on it. POS coins in general fascinate me, both because of their potential and how polarizing they can be and how badly misunderstood Proof of Stake is, especially since it's so frequently compared to interest, which it is not.

I like the above, except in the parlance we're talking here, hobos aren't bums.

A bum doesn't work. A hobo goes from place to place picking up whatever job he can get. He might be a beggar sometimes, though usually not.

There are natural hierarchies at work even in the world of the homeless

This was my first POS coin, and remains my favorite. It's definitely an accumulate and hold sort of coin. I'd try to start off with about 5K. I don't have that much at the moment, because I had problems in life and had to sell, but it stakes generally within a few days of the thirty day maturity. Far less sensitive to block size than HYP, and the hybrid nature makes it so that the chain keeps moving even if there are problems with POS.

There were some problems a bit back. Pretty bad transition to the fixed wallet, though it did get straight. I was part of that, as a guinea pig, and it was a bit of a PR disaster During that time, the POW side worked just fine. There were, unfortunately, several forks for a few days. In retrospect, it could have been done better, but we all thought we had a lid on it.
Now it's working as it should, and yes, sometimes the NVCS system does lower the interest if the difficulty gets too high, but you can choose not to stake at those times, and all you lose is a bit of time.

TEK is a very solid coin.

Gracias!

I'm in with 2.07 MH of scrypt.

Curious if there's a way to see your miner's stats. I've found global, but putting in my mining address doesn't bring anything up. Maybe it needs to propogate?

Hunter, I like that sig. Grabbin' it now
EDIT: can you post the sig in a normal post so we can copy and paste it?

That was fuckin' quick I'll point my miners there very soon

I meant profitability in HYP. If I rent machines, I need it to do something for me For the machines I already have, that's where I'z pointin' 'em.

EDIT:

Step back a few posts. Presstab said we already got the fee. The wheels are in motion

someone earlier had said it was scrypt, sha, X11 and X13. My Asics are scrypt (a gridseed and a Zeus Blizzard). I have a sha rig too, but it's PSU went fzzzt and I don't have a spare right now

Depending on how they payout and how well the profitability is, I might rent a rig or two.

Sent .015 TX ID 0b0a87d018fabe41ba0d311d318482ec55a03bfd3fa82fe5c2b6729c622ce1c9

I am very confused

I'll throw something at it. Not much, cuz I don't have much. But if it supports scrypt, I'll point a miner at it.