20k PPS could be setup at DigitalOcean for ~$7/day, and you're charging ~$48/day. Even at DO's low rates, it's barely profitable now at the current difficulty and exchange rate. Terrible deal, if you ask me.
Althought at this moment I think that using this service will not give profit on current XPM prices, let's be fair, biggest (not on front page) DigitalOcean option of 8 CPU's, which costs $6/day gives ONLY 4500 pps. I know that because I did test run on it for 24 hours, 2 days ago. They never said how good processors they have, 8 x pentium1 isn't the same as 8 x newest xeon
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Wow this is avesome, would be perfect for me.
Dou you think there will be option to add other coins except for ones listed by default ? I wouldn't even need to know profitability, just difficulty including those that are not listed on any exchanges yet
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So nothing will happen? Any updates, any information? Release was supposed to be many days ago.
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Bt9RmvyRtJ2WNSEJYz281yovxdtZ4rsxFx
Thanks!
EDIT: Why I got only 500 ?
send you next 500 in a sec Received! Thanks
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MLk6RubbuNJRmt8RJsE3TSLH9sQJvxv4wV
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Bt9RmvyRtJ2WNSEJYz281yovxdtZ4rsxFx
Thanks!
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Review 1000pps optionWill start with good news - those guys have done incredible job, everything went so smoothly and can't see any problems with their service. Somebody - please buy them bear And continue with bad news: 1000pps cost per 24 hours is 0.01 BTC, which is ~ 1.1 XPM My 6 hour free ride would normally cost 0.275 XPM In those 6 hours with 1000pps I got 49 shares and 0.080096 XPM unconfirmed That is I got 3.4 times less profit that I would pay for service Will bigger pps service pay off? not sure, but somebody could review. The problem is - 10 times higher pps will probably give you 20 times more XPM, but 10,000 pps is 10 times bigger and costs 20 times more, so we are back to square 1 My opinion - great service, cost probably is adequate, but XPM difficulty vs price is not, therefore currently you will loose a lot of money, with profit more than 3 times smaller than service cost.
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Real good coin! Think it may be worth at least as Bitgem?
0.1-1.0BTC holy crap, on Coins-E people are selling at 0.019 I hope this will not be normal price and is simply some people dumping
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Seems to be working very nicely, but I have worries that this will not be profitable thing to do
0.01 btc per day cost is 1.1 XPM so within 6 hours need to get 0.275 XPM
So far I have got 0.037689 unconfirmed and only 4 hours left, so in next four hours I need to get ~0.24 xpm
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Just in case I miss big giveaway post
Bt9RmvyRtJ2WNSEJYz281yovxdtZ4rsxFx
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Any news?!
Don't worry they say it will be up soon, they have hope on their side "I am hoping to be able to open the site in a couple more hours."
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ok looks like it is working, let's start calculations
0.01 btc per day cost is 1.1 XPM
so within 6 hours need to get 0.275 XPM to cover costs, let's see how this goes.
UPDATE: after those first 3 shares no new ones have been generated
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done
All done. You are now LIVE. Let me know how it goes! Seems to be working first 3 shares are in
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Can't wait to see how this works Please pm me with your correct worker details. Thanks done
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Can't wait to see how this works
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He said that he will do big giveaway tomorrow to give those 960k to to community.
I think we should wait to see if that happens and then make our opinion about intentions and coin
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Good one
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thanks all for testing with me! This is helping me sort out the functions we need!
Stats are a little more comprehensive now... you might see a pending balance by now, or maybe even have a balance. pls download the globalcoin client and input your address so the payout system tests can start
there is a rough estimate of teams total ppd now on the page , and active amount of folders in the team
Wow, I just got balance and future block estimate!!! Cool :-) Have added my globalcoin address and set auto payout to 1 coin EDIT: WORKS! received amount in globalcoins :-) Side note: CDC is name taken by Cloudcoin which was released today
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I will not try to offend anyone so please chill
I am fine with coins being premined, yes some devs who do not have enought resources do premine to do promotion. As we all know premine is very sensitive thing and every coin dev has learned that it they should be straight forward about it "there will be x premine and we will use it x1 for Y thing, x2 for Z thing etc.
So to sum up what is wrong with this coin and why many people will not go in 1. there was no information about premine 2. premine is huge!!! c'mon this is too big 3. there still is no information on where it will be used, only 60k have been listed as bounties, there is no detailed information where the rest will go. 4. If you don't know how you will use it, then you don't have plan, and business without plan doesn't make anyone feel secure that this coin is next big thing and we should waste hash exactly on this coin 5. If this is not business but decentralized opensource thing, then you shouldn't have premine bigger than those 60k, as everything after that will be done by community effort 6. no good communication channels with devs, so this will happen again and again and that if something will need to be done quickly you will not be able to get them to work immediately 7. as devs are not part of this coin and are some service from different country - you are paying them, which means - when money will run out they will stop supporting this coin. 8. oldschool ... all newest coins are released with some services already built, to attract more people from very beginning. It will be almost impossible to win people from those coins to yours and make them wait for promises that there will be something built later.
How you can fix that? 1. Quickly learn everything about altcoins 2. Sort out problems with devs 3. fix premine problem, give those 940k to community in huge giveaway
Until you will do that - noone will believe about your good intentions
And sorry, but "sorry, give me second chance" will not cut it, there is fierce competition, about 50 active coins, close to 100 partly active coins, you need to do something better to take your place in community harts.
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