Just a heads up in case anyone is wondering, the cryptobec exchange is currently down.  I suspect it could be due to a lack of interest.  The few people who were interested in getting some samples of Quebecoin would have fulfilled their needs by now.  I imagine that things will be slow for the next while, until we determine our next step.  

The mining hash rate has gone down significantly, even to a point where I was able to easily get some blocks yesterday with just CPU mining running.

I have used it on occasion solely for mining a specific X11 coin that I wanted to support.  It is more for hobby, I would not consider it something you could seriously use for profit.   

As a side note, Zeushash.com has stopped paying out daily mining rewards.  A double whammy for those who have invested in both these services.  Two consecutive days now have been missed:

https://zeusminer.com/forums/topic/no-deposit-today/

Update:   A double payout was received overnight.  Sorry, looks like a false alarm.

"As of yesterday,  Zeushash.com has for the first time defaulted on making it's daily mining payouts.  In the meantime the company has made no effort to communicate to customers an update of whatever technical difficulties they may be experiencing.  This appears to be affecting both GHS and MHS contracts.  Leading up to this, mining fees had reached the point of eating up over 95% of daily litecoin mining rewards."

A homemade beer.  Belgian Dubbel.  This one: http://thebrewersmarket.com/castor-grah-belgian-dubbel-mix.html

However how can you reasonably demand reimbursement for the full 5 year contract whenever it is impossible to know how much those 5 years of mining would have yielded?

The very nature of this industry leaves the door wide open for customers to be taken advantage of in all kinds of ways.  At the very least, customers have been short changed by the majority of these services, including preorders on mining equipment.  The bar is set so low that someone could have easily come along when PB Mining did, create a nice looking website and attract plenty of customers.  Customers who did not demand the kind of transparency and trustworthiness that you would expect and require in more established businesses such as in banking and the stock market.  Customers who were easily hypnotized by the novelty and hype of something that is relatively new, and seemed to hold a lot of promise.

This last payout we received yesterday might be our parting Christmas gift.  The 10% is measuring the current amount being mined(for this new week).  It appears to be 90% light, which means the next payout could be bringing towards this thing imploding.

They have changed the clause since we first signed up.  It was 20 days, then they changed it to 10 days.  Someone on the zeuhash forum was discussing the possibility of organizing a class action lawsuit if it comes to that, especially given that they appear to have changed the terms of their service at will.

Zeushash litecoin mining has turned out to be a bait and switch scheme.  Those of us who got involved during the beta testing period saw very nice litecoin mining returns up until sometime in October.  Then they said that there had been a glitch in the system, and that they had accidentally been charging a fraction of the mining fees that they should have been charging.  They had been charging too low by a factor of 10.  We were then still getting a decent return for a while, however within a couple weeks the mining fees began catching up to the mined amount.  At the current rate, it would take you an entire week (maybe if lucky) to mine what we used to be getting  for one day of mining at the beginning of October.  They are still trying to attract new customers to buy at roughly the same price we paid initially, 15.99 per MHS.   And at the rate it is going we are on track to reach negative returns.  At which point our contracts would be cancelled after 10 days of negative returns.  Meanwhile we are locked into these contracts with no option to sell.  Please stay clear of this service!

The saving grace for me was that I stopped investing in PB Mining at the beginning of June, after they put up the disclaimer that there was some legal uncertainty with selling contracts to Canadian customers.  Otherwise, I would have certainly been tempted to continue investing in this uncertain scheme.  Also, I only invested smaller amounts earned purely through home mining, so there was no chance that I would have put a big stake in this.  They stated that they would resume doing business with Canadians after they sorted out the details, however that never happened.  Maybe just one way to avoid eventual legal problems in Canada, once it became clear that this was a ponzi scheme.  There are so many schemes out there that make it unlikely that the average newbie will be able to figure out what is going on.  It is dangerous to be a newbie in bitcoin.  They all look like fresh meat to many shady businesses.

Well, I am certainly guilty of doing this before, back when I first discovered the concept of renting mining rigs.  I have a 24 Mh/s rig currently running, but only for the next few hours.  It is still too big. and I realize sets a bad example.  I would like to get it back down to around 5 Mh/s  I first assumed that more power would be even better.  However that momentary burst of mining activity doesn't necessarily translate into generating significantly more coins in the larger scheme of things.  I would like to figure out how to use my GPU card, but never was able to get the mining program to run successfully on my desktop.  So I just do CPU on this computer.

As an aside to this, I was wondering if there might be some interest in establishing our own line of mining equipment that could be rented out to anyone who was interested in mining Quebecoin.  A sort of mini-betarigs for cryptobec.  We could charge a certain amount in bitcoins for the rental, and use the amount collected to help fund the project.

It is probably not the best idea for one person to log onto the pool with close to 100 Mh/s mining power, and then become about 80% of the net hashrate.    We would probably be better to have more people mining on an ongoing basis like ghonyme with his 5 Mh/s, and others with their available CPU and GPU always running in the background.

In that case, I will indicate to you where that logo comes from.  It belongs to an organization called Quebec Ouvert.  Here is their website:  http://quebecouvert.org/a-propos/

I don't have that much facility with creating images.  However I did come across a few images and logos that might help to inspire:
 

House blend coffee from Bit Beans Coffee Company

https://bitcointalk.org/index.php?topic=756324.0

 
I have been renting rigs this past week in order to build back some QBC to put into my android wallet.  But at the moment I do not have anything running.  

I have either given away, donated or sold over 100 thousand coins, and was back down to zero.  I do try to keep the size of the mining rig modest.  I get the impression that somebody else on one of the other pools is renting larger rigs.  We have also seen an increase in demand, with a few people who are willing to pay about $1 in bitcoins for 1000 QBC.  Still relatively cheap, but it has been gradually rising in value.  Although maybe simply because a couple guys were interested in filling their new android wallets?   I think that something well under 10 Mh/s should be sufficient for mining.  A single individual renting something like a 150 Mh/s rig is overkill, and will significantly increase the mining difficulty.   Now that I am back up to over 22,000 QBC, I don't really have much motivation to go and try to outmine everybody else.  I did buy over 6000 QBC on the cryptobec exchange yesterday.  It is certainly a better idea to support our own exchange platform than it is keep paying bitcoin to mining rig renters.  

I figure that anyone who has over 20 thousand Quebecoins has essentially become a bank for Quebecoins.  Given how few that there are currently in circulation.  I don't see much point in getting too greedy with them, given that the economy has yet to be developed.  

I suspect that this hashrate plateau will fall back down once the one or two indivuals who are behind the activity are satisfied that they have accumulated a sufficient amount of coin.  Of course if interest in this coin were to actually take off, we would all be looking back with nostalgia to a time when the global hashrate was as low as 80 Mh/s.

I

Thanks Guillaume, it worked.

Is there a specific procedure for upgrading to the new version of the wallet?  I am new to android devices, and have the original version of the Quebecoin wallet installed (with the darkcoin logo).

I am first picking up a Samsung Galaxy Tab 4 so that I will at least have an android device for doing this sort of thing.