Mindfox PPLNS is down we didn't get any coins for five blocks 24999 - 25063. I would email the pool but I have no email in this new computer right now.
100 million, yikes, yeah that is a nice stake! I guess it's all relative to what you think is nice. You must be rich or have a very nice mining rig. I guess I am the little guy on the block.
The payout is dropping on the 17th. Give it a few months and everyone will be laughing at what is being said today. We are on the high side of supply right now. It won't get better than this EVER. I remember when doge came out and I mined a load of them. I only wish I didn't trade the majority of them.
I have a question about blocks. Every once in a while. The system detects several blocks on the network. They come in rapid fire maybe 4-5 blocks. These are not taking a minute per block and the difficulty gets a little harder one each block. Is someone solving these blocks in a split second?
Support programs like paper wallets, phone apps that are secure (unlike Bitcoin at the moment), and as much point of sale as we can get increase value. Scarcity doesn't make value as much as support does however 42 coin is extremely expensive compared to Bitcoin because of scarcity.
Before everyone gets on me about how Bitcoin isn't secure on a phone. I based that on news stories I read on the internet. My opinion is if you want to loose Bitcoin just put it on a cell phone.
You have to adapt. Plan that someday the coin your mining is going to be worth something. When that day comes your in position to sell. Here is the funny part. The guy buying is seeing that the coin will be worth more in the long run. My current attitude is mine and hold. The scrypt asics are on the way! If they work the difficultly will skyrocket. When that happens it's far better to be holding.
Anyone know what happened? I just got back and my miner is not working. Cryptopool.eu is down and when I connect to Zeus pool all I get is errors. looks like the network hash rate is near 1GH also.