or change groestl to Neoscrypt  Or block his IP. |
|
|
|
Running a pool must be very profitable?  Especially when you're skimming 25% off the top. |
|
|
|
Just a heads up and a word to the wise. I've come across some very suspect activity on the part of Crypto Hunger's DGB groestl pool payout management. It was quite easy to flush out given Crypto Hunger's extremely high hashrate in a very newly created algo environment, but since it would not be as easily discovered in a more balanced and mature mining network, I thought it best to bring it to your attention . . . given that if it happened once, it probably has happened before (and/or is still happening).
This is the post documenting the discovery with all the necessary links to confirm this very inflammatory data. (BTW, his response was that he is "not going to explain anything", and you can see his entire post later in the same thread, as well as the serendipitous issues that led to this discovery earlier on, also in that same thread.)srcxxx, Quick question that I hope you can clarify: all subsidies for blocks found on your pool ( http://cryptohunger.com:81/ ) have had 25% taken right off the top and sent to another address. What is the reason for that? Here's the block explorer summary for Newly Generated Coins for blocks found by Crypto Hunger: http://insight.dgb.cryptopoolmining.com/block/dd1f60e865d52fdc02561af3a5367d70a55ff51e9ed76eaae11fb620e38c4faaAs can be easily seen, there are two payout addresses: D96y4y74NUegfYJ8yn9chxbPLrRiypCF6V and DBy3212dWAPPzPcyt5fSSchjyozyr5ejLw When one follows the "money trail", one sees that there are indeed multiple payouts to multiple addresses (miner payouts) for D96y4y74NUegfYJ8yn9chxbPLrRiypCF6V . HOWEVER, the other address, DBy3212dWAPPzPcyt5fSSchjyozyr5ejLw , has ONLY re-SENT coins to ONE address for a total of just over a million DGB and it also still has a current balance of just under another 3/4 of a million DGB!http://insight.dgb.cryptopoolmining.com/address/DBy3212dWAPPzPcyt5fSSchjyozyr5ejLwThe address that has received the one million DGB, DRykTe2nXZpSX1KytPXjvPhGfCAXb4ZBM6 , has also received DGB from other addresses, has only sent 128,100 DGB and has a current account balance of 1,371,300. http://insight.dgb.cryptopoolmining.com/address/DRykTe2nXZpSX1KytPXjvPhGfCAXb4ZBM6That all means that, in less than four days, from Newly Generated Coins on Crypto Hunger, around 1.75 million DGB, or roughly 25% of subsidies, have NOT gone to miner payouts, but are currently "parked" in two separate accounts.
What's the purpose for this?Just out of curiosity.
|
|
|
|
srcxxx, Quick question that I hope you can clarify: all subsidies for blocks found on your pool ( http://cryptohunger.com:81/ ) have had 25% taken right off the top and sent to another address. What is the reason for that? Here's the block explorer summary for Newly Generated Coins for blocks found by Crypto Hunger: http://insight.dgb.cryptopoolmining.com/block/dd1f60e865d52fdc02561af3a5367d70a55ff51e9ed76eaae11fb620e38c4faaAs can be easily seen, there are two payout addresses: D96y4y74NUegfYJ8yn9chxbPLrRiypCF6V and DBy3212dWAPPzPcyt5fSSchjyozyr5ejLw When one follows the "money trail", one sees that there are indeed multiple payouts to multiple addresses (miner payouts) for D96y4y74NUegfYJ8yn9chxbPLrRiypCF6V . HOWEVER, the other address, DBy3212dWAPPzPcyt5fSSchjyozyr5ejLw , has ONLY re-SENT coins to ONE address for a total of just over a million DGB and it also still has a current balance of just under another 3/4 of a million DGB!http://insight.dgb.cryptopoolmining.com/address/DBy3212dWAPPzPcyt5fSSchjyozyr5ejLwThe address that has received the one million DGB, DRykTe2nXZpSX1KytPXjvPhGfCAXb4ZBM6 , has also received DGB from other addresses, has only sent 128,100 DGB and has a current account balance of 1,371,300. http://insight.dgb.cryptopoolmining.com/address/DRykTe2nXZpSX1KytPXjvPhGfCAXb4ZBM6That all means that, in less than four days, from Newly Generated Coins on Crypto Hunger, around 1.75 million DGB, or roughly 25% of subsidies, have NOT gone to miner payouts, but are currently "parked" in two separate accounts.
What's the purpose for this?Just out of curiosity. Hi HR! Your calculations and assumptions are not correct. I am not going to explain anything to you. But since you are so eager to figure this mystery out, I'll give you a hint: perhaps this account belongs to some exchange, like Cryptsy? And perhaps, it's just how the exchange's software logic stores the money? Whoever think that he is not getting enough DGB sent to his account has probably already left my pool. And those who think that they are paid the correct amount - stay. As easy as that. PS: Since I have the floor, I'd like to invite AMD miners to http://boostpool.com/ optimized kernel multipool with BTC payouts. Currently mining DGB mostly (since it is like 10X times more profitable than any other coins). Currently the multipool has shitty UI and statistics, but payouts are working well :-) PPS: Being such a nice guy :-), I'll share a profitability chart from my multipool. Notice how DGB is super profitable even when it's profitability is not spiking.  srcxxx So, you take 25% right off the top and send it to Cryptsy? Okaaaaaay. In your private account? Or your brother-in-laws'? The data doesn't lie. We're dealing with specific sends to singular addresses, and park, unspent, there they sit, again, in individual, particular addresses. And you're going to tell me that you, or who knows who, are acting in a fiduciary manner managing other people's DGB. That's for stand-up comics, but it's so sad that I can't even laugh. BTW, do you really think there are things like "perhaps" with exchanges' software? Or that the people here are dumb enough to buy that kind of BS? (Maybe the three stooges that "stay" on you pool, but that's not the majority I'm afraid to say.) When there is no explanation to be found, yours is the expected response. (And just like people are not dumb enough to buy your exchange software "perhaps" behavior, I don't think too many people are going to buy the "nice guy" bit either, much less put any credibility into what you want that chart to say.) Oh, one last thing, just in case you're not in the same category as most, the explanation you have to give is not to me, but to the community. WTF are those coins doing where they are and why are they being taken right off the top of every block find? ------------------------------o------------------------------ Lucky you, with this kind of scandalous data putting into question your integrity, you don't even have to address the unfair advantage you have over other pools. |
|
|
|
srcxxx, Quick question that I hope you can clarify: all subsidies for blocks found on your pool ( http://cryptohunger.com:81/ ) have had 25% taken right off the top and sent to another address. What is the reason for that? Here's the block explorer summary for Newly Generated Coins for blocks found by Crypto Hunger: http://insight.dgb.cryptopoolmining.com/block/dd1f60e865d52fdc02561af3a5367d70a55ff51e9ed76eaae11fb620e38c4faaAs can be easily seen, there are two payout addresses: D96y4y74NUegfYJ8yn9chxbPLrRiypCF6V and DBy3212dWAPPzPcyt5fSSchjyozyr5ejLw When one follows the "money trail", one sees that there are indeed multiple payouts to multiple addresses (miner payouts) for D96y4y74NUegfYJ8yn9chxbPLrRiypCF6V . HOWEVER, the other address, DBy3212dWAPPzPcyt5fSSchjyozyr5ejLw , has ONLY re-SENT coins to ONE address for a total of just over a million DGB and it also still has a current balance of just under another 3/4 of a million DGB!http://insight.dgb.cryptopoolmining.com/address/DBy3212dWAPPzPcyt5fSSchjyozyr5ejLwThe address that has received the one million DGB, DRykTe2nXZpSX1KytPXjvPhGfCAXb4ZBM6 , has also received DGB from other addresses, has only sent 128,100 DGB and has a current account balance of 1,371,300. http://insight.dgb.cryptopoolmining.com/address/DRykTe2nXZpSX1KytPXjvPhGfCAXb4ZBM6That all means that, in less than four days, from Newly Generated Coins on Crypto Hunger, around 1.75 million DGB, or roughly 25% of subsidies, have NOT gone to miner payouts, but are currently "parked" in two separate accounts.
What's the purpose for this?Just out of curiosity. |
|
|
|
Interesting stuff ... but with 50% of Groestl that is still only half of one algorithm, i.e. 10% of the network. So not a huge issue.
There are some big hitters soaking up the rewards for the less popular algos (ie. not scrypt or Sha) and some of those are solomining ... be interesting to see how it works out in a few days after everything has calmed down.
The issue isn't a 51% attack issue, it's a monopolization issue, or unfair competition if you will. His pool has an unfair advantage that basically eliminates other competing Groestl pools.
Hi HR!
I saw your message, but I'm not quite sure what course of action you are proposing.
Well, I wasn't really proposing anything as it was that I was simply documenting what I was seeing, but now that you've asked . . . Your pool ( http://cryptohunger.com:81/ ) has an unfair advantage that makes other Groestl pools uncompetitive with you. We all know that is not fair, and no-one would argue that it is. It's simple common sense: who would mine on any other pool when they could get a higher hashrate (and payout) on your pool with the same equipment? (All other things being equal and baring things like hidden fees, questionable payouts, and other similar issues that can cause a user to distrust - only distrust would cause someone to forego a more profitable opportunity, until the larger community steps in to enforce equal opportunity and general fairness that is.) So you attract all mining to your pool and you make good money yourself. Sounds like a good capitalist proposition, but the problem is that your unfair advantage eliminates competition (other pools) and capitalism places a higher priority on competition than it does with one entity's individual desires to get rich at others' expense. Therefore, the obvious proposal would be to correct the problem, and that would be done by addressing the unfair advantage, either by making it possible for other pools to use your optimized kernel, or by discontinuing its use on your pool (which would be easily verifiable). |
|
|
|
Only 3 BTC till 1 sat, damn. Lets hope there is _some_ news soon to push DGB up a bit (don't want a pump), because I really don't want DGB to drop that low.
I've done a quick mathematical check, and, with its current diff and network hashrate, break-even for electical usage only (using US national electrical costs and excluding hardware investments) for Groestl is 70 satoshi. For example. With its current diff and network hashrate, break-even for electrical usage only (using US national electrical costs and excluding hardware investments) for SHA-256 is 32 satoshi. So, according to these two samples (haven't had time to do scrypt yet, but I think it's probably higher than SHA-256), anyone selling at current levels is losing money in the process (very smart - NOT) . . . unless they're mining in Iceland that is. http://www.zerohedge.com/news/2013-12-25/trip-through-bitcoin-minesI'm not sure about your mathematical, could you give some detail because i'm with Groestl with 2 270x and if i can earn more 0.0015 btc / day, i have profit. I'm in europe, 0.16 dollars / kwh. With 8000 DGB per day, it's good at 25 satoshi... I'm saying that but i don't sell my DGB more than a millions, i'm waiting 1 dollard / DGB  We're both correct: yours is real life data (which I can corroborate), and my above calculations are based on 'official' blockchain data coming from the various pools and sgminer diff ratios, etc. |
|
|
|
Only 3 BTC till 1 sat, damn. Lets hope there is _some_ news soon to push DGB up a bit (don't want a pump), because I really don't want DGB to drop that low.
I've done a quick mathematical check, and, with its current diff and network hashrate, break-even for electical usage only (using US national electrical costs and excluding hardware investments) for Groestl is 70 satoshi. For example. With its current diff and network hashrate, break-even for electrical usage only (using US national electrical costs and excluding hardware investments) for SHA-256 is 32 satoshi. So, according to these two samples (haven't had time to do scrypt yet, but I think it's probably higher than SHA-256), anyone selling at current levels is losing money in the process (very smart - NOT) . . . unless they're mining in Iceland that is. http://www.zerohedge.com/news/2013-12-25/trip-through-bitcoin-mines |
|
|
|
Ugh, the stupid miner crashed for the night while I was mining skein... And I can't get down in the basement to reboot... Ugh 12 hours of wasted time. Costs me 34 cents to run the thing while it's frozen  Just venting my frustrations lol Bird, Just a heads up (or maybe a question as to why), but your Groestl pool has recently been making weird payouts that don't include all the miners currently mining. Three recent examples are blocks 149981 http://insight.dgb.cryptopoolmining.com/block/0d03fd75bee18864fcaa97457da1defd54e8f75fde8e9ef260f00aa2027440ed(where there was only one address paid to that isn't even mining) 150240 http://insight.dgb.cryptopoolmining.com/block/dd1f60e865d52fdc02561af3a5367d70a55ff51e9ed76eaae11fb620e38c4faa(two addresses that aren't mining either) 150452 http://insight.dgb.cryptopoolmining.com/block/1230681f657d4bf2d0d6907bbad7e7c1e540065c9b8281378d8a5212e49b3add(same two as above that aren't mining) What's up with this? ...:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::... On another note, just for fun I took a peek at address D96y4y74NUegfYJ8yn9chxbPLrRiypCF6V and there's been around 40 payouts to that same address since block 150452, and almost always the same exact amount: 6117.69330151 DGB, and those are not coming from Bird's Pool.  The D96y4y74NUegfYJ8yn9chxbPLrRiypCF6V address massive payout looks like a possible red flag to immediately investigate. Almost a quarter a million DGB in a couple of hours!!!Add: Another 61,000 or so in the last 30 minutes - at that rate, the take down would be just shy of 3 million a day (or almost 14% of theoretical production and 20% of actual discovery). Could that really be legit? With the payouts I saw from Bird's pool that should have gone to other addresses, I seriously doubt it. Add 2: It's all Groestl and Crypto Hunger has got the hashrate to do this ( http://cryptohunger.com:81/tbs ) the sporadic payouts suggest this might be the case. But, the 2 payouts from Bird's pool? Orphans? Wow, if that's the case, we're getting a concentrated hashrate issue due to someone not releasing all of his "proprietary" code . . .Monopolization is a real issue in a supposedly decentralized crypto world. Add 3: srcxxx, I've sent you a PM alerting you to the fact that your proprietary pool currently, as of this writing, has over 50% of the DGB Groestl hashrate. |
|
|
|
Is it normal that people on Skein are mining a lot of dgb and finding block 50 times more than scrypt Look how many blocks are found... don't understand why there is so much difference between scrypt and skein... this should be adjusted with difficulty normaly between all algos right ? (Skein: http://birdspool.no-ip.org:5031/static/stats/ Scrypt: http://p2phash.com:9022/static/) Taking the last 10 hours worth of data available from http://insight.dgb.cryptopoolmining.com I've come up with the following stats: Groestl........185 blocks found Qubit...........182 blocks found Scrypt.........113 blocks found SHA-256.....196 blocks found Skein..........190 blocks found The *big* difference between the two pools you linked to is due to the big difference in the hashrate of each pool - bird's pool is finding blocks at a much faster pace because there is a much larger hashrate contribution (individual miners' proportionate payouts should be very closely aligned on the other hand, since the scrypt miner would have a larger payout relative to hash contributed). That having been said, the total blocks found (on a global, DGB network basis) for scrypt is clearly lower than the rest for this 10 hour period. (I don't have block explorer info going any further back than that, but I will keep adding to the spreadsheet I've started.) |
|
|
|
Ok, got qubit up for good. Can't say the same about the other algos yet, but I'll definitely be working on a solution. I'll keep you guys updated as I manage to get other algos functioning.
Crypto Hunger has got some good groestl hash going - currently DGB is the number one groestl algo over there!!! Good stuff. I'm sure groestl miners will spread the love once you get the groestl P2Pool up! -----------------------------o----------------------------- Very nice transition so far. I've taken a quick look at individual algo stats, and with the scant reporting available, it looks like a fairly nice equalized payout for the different algos (in BTC adjusted terms) is happening across the board. Solo mining groestl with a test machine ATM. Easy as eating ice cream on a hot sunny day. Now to see if the results are as satisfying. |
|
|
|
I would suggest something along these lines: Why DigiByte? - Professional & dedicated development team since launch on
Jan. January 10th 2014.
(I don't like abbreviations)- Strategic long term road-map & vision alongside pending global corporate partnerships.
1st First coin to fork to multi-algorithm mining that respects and values all existing mining technologies.
(Ditto above, I prefer words rather than abbreviations, and maybe lose the "all"...)- Significantly mitigated 51% attack vulnerability thanks to the 5 unique algos & independent difficulties.
1st First coin to develop & implement DigiShield (asymmetrical asymmetric difficulty adjustment).
(Grammar thing, adverb vs adjective  )- 30 second blocks make for much faster merchants transactions.
- 1:1000 ratio with Bitcoin is more intuitive and user friendly for micro transactions.
Minor, insignificant Small initial premine that was given away to users & charity and used for initial development.
(Pre-mine is what it is, no need to call it minor or insignificant. The DEV's record of handling this pre-mine speaks for itself)[/list] As YC mentioned, I also think transparency is to be highly valued, but I'm not sure about exactly how far current transparency goes, and, as a consequence, I'm not sure about how to state that other than with something very generic. Couple minor points... I'm a bit pedantic about a few things as i do a lot of technical writing in my profession. See corrections above... you may feel differently, but just my 2 cents. EDIT: I forgot to say very good otherwise... I'm just nit-picking... but my main comment is well done, looks good That looks good. And thanks. 1:1000 ratio with Bitcoin is more intuitive and user friendly for micro transactions. 。。。 
The average person does not really understand or like buying small ticket items with Bitcoins. Sending .001 BTC to a cashier for some groceries is a bit confusing to the average joe on the street. Spending 20 DigiBytes is much more easily understood. In the end, no one likes looking in their wallet and seeing they own only 0.001 BTC. 1,000 DGB is much more appealing. You store data in kilobytes & megabytes, why not buy goods and services with DigiBytes?"http://www.followthecoin.com/interview-digibyte-team/I'm sure there's a better way to summarize that, but I don't think is really going in the right direction. |
|
|
|
How can we improve this list? Why use DigiByte? - 1st coin to fork to multi-algorithm mining (Most fair distribution).
- With 5 unique algos & independent difficulties a 51% attack is significantly mitigated and becomes much harder to carry out.
- 1st coin to develop & implement DigiShield (asymmetrical difficulty adjustment).
- 30 second blocks are better for merchants transactions.
- Professional & dedicated development team since launch on Jan. 10th 2014.
- Strategic long term road-map & vision alongside pending global corporate partnerships.
- 1:1000 ratio with Bitcoin, better for micro transactions.
- No more premine as it was given away to users & charity and used for initial development as stated from the beginning until outside funding was received.
I would suggest something along these lines: Why DigiByte? - Professional & dedicated development team since launch on Jan. 10th 2014.
- Strategic long term road-map & vision alongside pending global corporate partnerships.
- 1st coin to fork to multi-algorithm mining that respects and values all existing mining technologies.
- Significantly mitigated 51% attack vulnerability thanks to the 5 unique algos & independent difficulties.
- 1st coin to develop & implement DigiShield (asymmetrical difficulty adjustment).
- 30 second blocks make for much faster merchants transactions.
- 1:1000 ratio with Bitcoin is more intuitive and user friendly for micro transactions.
- Minor, insignificant premine that was given away to users & charity and used for initial development.
As YC mentioned, I also think transparency is to be highly valued, but I'm not sure about exactly how far current transparency goes, and, as a consequence, I'm not sure about how to state that other than with something very generic. |
|
|
|
I'd like to get some more ASIC, but don't want to pay the electricity costs. I switched to those two Furies (and stopped using two Radeon 7850 GPUs) and my electric bill went down $20 per month. I don't want it creeping back up. I'm cheap!! I hear you. I am running 3 x Hurricane x3's + 1 Lightning X6.... and an 12,000 BTU air conditioner full time to cool the room they are in. It ain't cheap... and with DGB it's all out of pocket right now obviously. But... that's the thrill of high-risk speculative investment. If it hits you're rich... if not, well... you're not. Let's hope DGB is the former From the looks of people's opinions and comments in the crypto blog sphere and of crypto price trends (and really being honest about it given that mining cryptocurrencies has been a losing proposition for months now) I've come to the conclusion that, if you're really going to be realistic about it, you've got to expect at least half of all "listed" cryptos to be dead in no more than 6 months time. I think that we can all take a quick look around and draw up our 'short lists' in a matter of minutes (if not seconds). And when I say this, I'm not using the trolling term "dead" lightly - I really mean it (and I think my 50% figure is a very cautious figure). I made the decision long ago to only mine cryptos that I thought had a good chance of surviving long term (otherwise mining has no rational justification at this point in time), and DigiByte is one of the few on my list of long term survivors (and price will eventually follow the survivors). Baring unforeseen catastrophy, DGB will be worth 100's if not 1000's of times what it's worth today . . . someday. |
|
|
|
In this Laurel and Hardy, Three Stooges, fly by the seat of your pants and put out the fires as you start them, infantile crypto world, I’ve also got to take my hat off to the DigiByte devs, and more specifically to Jared. Where else have we seen this kind of organization and professionalism? In systematic, well planned and excellently executed fashion, everyone was duly and properly informed about, and instructed on how to update such that almost everyone from exchanges, to block explorers, to pools (new pools included), and to end users have been able to adequately prepare without nasty surprises (even those testy exchanges that have reputations and track records of being clumsy and unresponsive, or even downright problematic in some cases!). My hat’s off to Jared for continuing to set the standard!
(Standards that all cryptos will inevitable be held to, like it or not, and that few will be able to match.) ★★★★ Introducing DigiByte v3.0.1 MultiAlgo★★★★ Mandatory Update before block 145,000 Mining pool, exchange & block explorer operators please notify us when you have updated your DigiByte wallet. It is very important we get everyone updated before block 145,000 as at that point sending coins from a v3.01 wallet to a v2.9.1 wallet or earlier could result in problems. As always, backup your wallet.dat before upgrading! (File -> Backup Wallet -> Select location to save to)
DigiByte v3.0.1 Wallet Downloads Note: It may be necessary to re-index/rebuild the chain after upgrading & or delete the "blocks" & "chainstate" folders in the AppData/Roaming/DigiByte folder on Windows.
Updated DigiByte v3.0.1 Exchanges, Block Explorers, Games & Other Links
Updated DigiByte v3.0.1 Mining Pools
Updated DigiByte v3.0.1 P2P Mining Pools | -----------------------------
Scrypt Pools -----------------------------
E-Pool.net
French P2P
P2P SK Pool
| -----------------------------
Sha256 Pools -----------------------------
Birds Pool
| -----------------------------
Qubit Pools -----------------------------
Birds Pool
| -----------------------------
Skein Pools -----------------------------
Birds Pool
| -----------------------------
Groestl Pools -----------------------------
Birds Pool
|
Why did DigiByte switch to Multi-Algo mining? 1) To update DigiShield and speed the blockchain back up to normal. 2) It is the most fair POW mining option out there (embraces ASICs & GPU miners alike on an even playing field). 3) More secure than a single POW mining scheme (much harder to 51% attack). 4) Speed block timing up to 30 seconds to facilitate faster merchant transactions (ties in with DigiPay LLC development). 5) Tap into used Bitcoin ASIC miners market. (Use those old ASICS to help secure the DGB blockchain) If you can think of another reason multi-POW is better, let us know!
MultiAlgo DigiByte.conf & Options You need to set the algo you want to mine in the digibyte.conf: rpcallowip=*
rpcuser=yourusername
rpcpassword=yourpassword
server=1
daemon=1
txindex=1
debug=1
algo=scrypt
rpcport=14022
port=12024
addnode=216.250.125.121
addnode=74.208.230.160
addnode=69.164.206.169
addnode=
addnode=96.126.114.208
addnode=54.204.36.33
addnode=192.99.41.108
addnode=199.83.128.91
addnode=199.83.132.91
Once multi-algo mining kicks in you need one of these settings in your .conf to solo mine whichever algo you choose: algo=scrypt
algo=sha256d
algo=groestl
algo=qubit
algo=skein |
|
|
|
I've been away on "summer vacation" and I've only had opportunity enough to check in once in a while to read and stay more or less up-to-date, and since I'm going to be extremely pressed for time in the coming weeks (paying for that vacation, LOL), the only thing I have time to say (and that is really worth saying) right now is: DigiByte's Community Is Awesome! You guys are tops! And you know I'm not just saying that. |
|
|
|
There is something I would like to know about the POS interest thing. I saw you added different maturation time frames and that's very good. What I would like to know is what are the payout differences between say holding coins for 2 years vs holding coins for 4 years? and how much aid does it take to actually start earning stake?
I was also wondering about how that works too . . . and haven't had time to do much research on the subject. My main question that I like to add to yours is if interest is compounded and, if it is, on what basis (daily, weekly, monthly, yearly?). Do you stake more staking every 7 days? Or would you stake the same if you only staked one time in one year? Or once every 2 years? |
|
|
|
I really don't know how much one can reasonably expect from a juvenile social network dedicated to "tipping" one another with worthless alt-coins. If you want to get some sort of projected idea as to future growth that might come from time and effort spent on targeting the social networks, all you'd have to do is look at other cryptos' past results in doing so. Uh, that's a big zero.Why insist on doing what's proven to be a loser for everyone. (The definition of insanity is continuing to do the same thing expecting a different outcome . . .) ------------------------------o------------------------------ If you're a short termer looking to make a quick buck, there are lot's of pump and dumps out there to choose from. If you're looking for a long term investment that will yield a great long term reward as it steadily turns into one of the few real cryptocurrencies in the world, then put your feet up and relax. ------------------------------o------------------------------ First things first - the base product: a world class coin, wallet and network. Do that and the world will beat a path to your door. Everything else is icing on the cake. ------------------------------o------------------------------ One idea for the third aspect of the base product was suggested by Kayahoga in a brainstorming session we were having on the DigiByte thread not too long ago, and if I were to invest time and energy into what at this point in time would still be too early to really call a publicity campaign, this is the direction I would move in. It would really be a fantastic way of connecting with, and bringing AidBit to, a humongous group of computer literate, already equipped, potential miners/network nodes. Check it out: I mean, even if you started with casual gamers ( which more than likely have somewhat of a decent video card ) you could get them to be mining in the off hours. Especially since we will be using Groestl, the cards wont be sucking huge amounts of power or making a ton of heat.
I honestly don't know why people haven't done this already. Can you imagine paying for some marketing that would get posted to just a tenth of the League of Legends players? In January they had almost 67 million people play that game. Or the pro streamers, if we could get just one of them to talk about it, that would reach tens of thousands of players. Especially when the streamers do guides, they often have sponsors. I would be more than happy to mine if I knew it was going promote the coin on a twitch stream.
If you go to http://www.leagueoflegendsstreams.com/home/stream right now there are over 18000 people watching Phreak stream League of Legends. Even if you had one of the other players that aren't as popular but still have a good following ( say Trick2g ) , they usually average around 7-9 thousand viewers during peak hours. That's a lot of people that more than likely don't know about Digibyte or crypto currency in general. You create a script for them to read, give them all the information and after one of their guides or during a break have a commercial or something that would have a short plug for digibyte, how to start the 1 click miner and where they can spend their currency ( Digi-pay ? ) . Now that's a serious idea aimed at serious end users.  That is our point exactly, to do as others do and in most cases fail is something we're avoiding from the inception of AidBit. To break away from established protocols and to break away from rigid self-sufficient and closed communities is our main goal. We understand that we have to follow some basic rules to get noticed and accepted but to change and improve on something, it is often necessary to start from scratch. We feel it's still to early to start any serious marketing campaign. We need to cover the basics first which are: stable network, safe and as simple selling and buying experience and easy to understand instructions for every operation concerning AidBit. At the same time we need to start with our humanitarian endeavors, contacting humanitarian organizations and preparing methods for assuring transparency. Thank you, AidBit |
|
|
|
|
Of course, if you're going to go after a 67 million target audience of new users, you've got to be prepared before doing so. The last thing you want to do is shoot yourself in the foot, and until the download and miners are free of AV red flags, shooting yourself in the foot would be precisely what you'd be doing by trying to expand prematurely. The current base product needs work on those issues before moving on towards network expansion (perhaps by contacting AV makers and/or making very clear what the issue is on the download page with precise instructions included).
Hey, hey, hey, BTW, has anyone noticed how the network hashrate has fallen dramatically? Of course you have. Have you linked it to something in particular? Some certainly have, others tentatively, others perhaps not.
My theory is based on the fact that the drop in network hashrate correlates perfectly in time with the inclusion of AID on c-cex.com . Don't get me wrong, in my opinion, it has nothing to do with the exchange itself, rather it has everything to do with actually being on an exchange. The short termers have seen a real life price and have already abandoned ship! This should be interpreted as good news since the glass-is-half-full perspective says that the remaining 20 plus miners with our 600 MH/s of hashing power make up AidBit's solid, long term base.
That's fantastic news that means that we can move forward without unnecessary pressure and hurries, focusing on the priorities as they really matter for long term success and without getting unintentionally sidetracked.
|
|
|
|
I rechecked MD5 hashes and are the same. They should be, since we're using the same grs-sgminer: sgminer.exe -> 0e971cdbb0b581ad527c53a8a9f1869d pthreadGC2.dll -> ac05fbba61f939cd90133032f2595c69 ssleay32.dll -> 612b2747d39d9ef838ab9eacbc1f6c3a zlib1.dll -> e4d7dd0a413519b21621ccb7d1d78fa4 Cheers, V. I suspected as much. The only thing I can think of to 'explain' why one is flagged and the other isn't is the mere fact that the second is "bundled". How to rectify this? I don't know of a quick answer to that other than contacting the particular AV maker who is flagging the bundled miner (or at least the biggest and best known, like Norton, for exaple). This is a real issue for people who aren't crypto literate, which translates into just about everyone. |
|
|
|
|
Show Posts
