What is obvious to me is that some group manipulated the market early on. Some "Mrpump" guy came in here and claimed it was his group or some whales connected to him. This created a very high starting price and a problem for us as that had to correct, and of course some will blame the devs when we had absolutely nothing to do with that, other than working on the project that some saw they could use to manipulate the price with. I had no idea that was the situation until someone literally came into this thread and said it was. The positive is that they saw value and this is long term project, and in my personal opinion at least, will have much more value in the future, the negative is that they created a situation where the price was too high at the start. Hindsight is 20/20 of course, and this is also why there were so many miners early on, but we still have plenty mining EXP now.

You are incorrect that the DAO fund will dilute the market like that, 1/220th of the DAO was used to cover some initial expenses, and pay the one bounty we owed for the branding/logo. We do have a large reserve for the DAO that will be released with smart contracts and with in wallet voting, but that won't happen for some time, and when it does it will be capped to a maximum of 1% per month, or .33% per core for a total of 1%. Smart contracts mean it will not be possible for any 25% market dilution, and if we were dishonest, obviously we would have sold more than 1/220th off, and anyone that thinks logically about this can see this is the truth. Sure, we could burn much of the DAO off and some would like that, and it would be great short term, and if there is a way for POS interest to fund the project with a smaller reserve this isn't out of the question later.

As we are doing some custom solutions they are taking more time, but we believe they will provide something unique rather than just cloning the same basic GUI wallet, or cloning the same basic block explorer. We have been in cryptos and very public for many years. We are not going anywhere and we have lots of connections in the world of cryptos. Once we add enough value in, I think people are likely to realize the project is severely underpriced, and then I think we will gain more attention. One of our core devs is a Dapp dev, we have tens of thousands of real followers between us on Social media, and we have time to work on the project and incentive to build it. We definitely care about preserving value, but not faking it, so whatever the market determines is just fine and we can build it up from there. As for hashing power, that will change as profitability changes, and if/when the profit goes up, more miners will surely mine more. Although we have plenty of hashing power to support the network just fine now.

yeah, id noticed my favorite pool at oneether wasnt listed there. i looked around for the source code for one.chain and one.pool online, but couldnt find them on github. the release schdule shows they were released on september 29th, so theyre out there somewhere in the wild. ill have to do a deeper search thru github and google tonite for them.

i actually love oneether's setup. ive been mining on their pool from day one of its release, and aside from a few hiccups (a couple days with several hours of downtime, a sticky hashrate that was fixed by updating ethminer to the latest release...) its been the best pool ive seen, and it would be wonderful to set up something similar for soil.

at least we have a couple weeks remaining before launch to get that accomplished. the one.chain page is very simple, but sometimes simpler is better, at least insofar as the sort of information i want to make sure is readily available and transparent.

etherscan.io looks amazing, the wealth of information available there. ive been looking at a lot of block explorers the last few days, and i think we will definitely need one based on ethereum platforms to work the best for us. we have had discussions with one developer that seem very promising and ill be looking into those sites you provided with much greater depth tonite. thank you very much for the information....

But what about the premine? It's 250k of 630k, or about 40% premine right now.

That would be a coin killer.

Sorting by MH/s per BTC would be even better 

This coin should go PoS as soon as possible. Whenever any PoS Ethereum text code is released SHIFT should go PoS. PoW is just crazy wasteful and expensive to maintain.

I dont think people understand. Personally i do not care how much shift is worth atm. I do not care if you dont want to invest nor if people want to mine. We will still continue to develop. For me personally, its a hobby. I have money, so i dont need to earn anything from this. It seems that some people think that the developers of every currency in crypto actually works for them, without even try to do anything to help.

Have a good day.

I'm closing the SHIFT Pool due to Dev's request in about an hour or two.

Please switch your miners either to solo mining or to the other ETH pools (Expanse or Ethereum).

Thanks

oc

Its just the way eth retargets.. sorta slow, we could probably look into speeding it up though.

EXPANSE HAS A HUGE PREMINE, basically unlimited amount of funds compared to what is being mined. In SHIFT the premine is minimal and will not be put in a smart contract. We will however use a third party escrow.

Regards