Don't forget to send me your pics or at least your stats (number of coins mined per day / total number) so I can reward you all.

If there are remaining funds, they will be given back to their owner respectively to how much were donated in the fund.

Thanks for your support.

Final day of mining. Don't forget to send me your screenshots to show the amount of H2O mined per day.

Thanks for your support. 

H2O Supporters,

@ThisWeeksCoin being too busy lately to keep managing h2ocoin, I asked him on IRC if I (and others) could take this coin over because it was on life support these last weeks. I was losing faith so liking this coin's concept, it was frustrating not to be able to do anything as the coin was his. He agreed to a "community take over" so I and a couple of other people will now work as a team to rebuild the coin. We are already at least 4 in IRC interested in taking over the coin but anybody else interested in being part of the team is welcome.
Join #h2ocoin on Freenode for more details. I'll explain our plan to rebuild h2ocoin there.

We already have a willing (but busy) dev and we don't want him to be alone in this journey for the burden not to be too big. Therefore, we are looking for at least 2 others (c++ coders who know about wallet development) so we can build efficiently, in teamwork, and avoid security issues and bugs as multiple devs can verify a code more easily because we don't want to fail as multiple coins already have. A good dev team will help build innovations as they are the root of the people's interest and therefore of a coin's value.

I will soon create a new ANN in order to be able to edit the OP. Other changes will also be done soon (website, reddit, logo, color scheme...).

I believe a coin's value doesn't increase by itself just because an idea or a concept is good. It helps but it doesn't create anything. Innovations and trust in the managing team do.
The 3 main goals will then be :
 - 1. innovating by making h2o a charity coin at its core (as I already explained before) and expanding from there (the plan is in the making)
 - 2. with innovations, creating interest and proving our approach and, why not, setting a precedent ;
 - 3. with interest, supporting the hashrate and the price therefore the value of the coin. The value, we don't care at the moment because honestly, we're at the bottom  . But we aim to rebuild the coin for it to be worth more than 50 sat in a short term.

=> All that to create a sustainable coin which will be able to have a place in the crypto world as I honestly believe we can.

I've been honest with you since the beginning and I hope you will believe my words. Ideas are here, so are the people willing to make the coin better and so is the community which is small but could easily grow if we roll up our sleeves to make it happen. We'll need some time obviously but more important, we'll need your trust.

Don't give up mining and keep holding as I do. Please, be patient even if I know you all have been pretty patient for a while now but be assured that changes are coming.


This is a good idea which we will thinking about in the future.

Yes unfortunately I know. Interest is decreasing and there was no significant news lately therefore the value is down 

I've mined more than 2.5M coins myself and never sold (I mine on xhash like you with more than 1500 blocks found). I'm still holding and mining. I know what you may feel but please be patient and keep holding and supporting the hashrate. Thanks.

Come on supporters, we need some hashrate !
It's steadily declining...  

And about the last baseless and false comments from chanel and Phonebloks : the 17.5 BTC were actually donated by TWC to thewaterproject, here's the confirmation from the organization's official twitter account : https://twitter.com/TheWaterProject/status/453555910896812032

Come on guys, we need miners to support the coin and hold a little. Selling immediately does not help

Yeah I think so too, unfortunately.

2 weeks will be too long IMO. The marathon ending next Friday, I think, I'll wait till monday of tuesday to pay the bonuses.
I don't think the price will dramatically rise in the next weeks without any other improvements above all with BTC and other bigger alts rising atm 

Mining Marathon is on !

From now on until next Friday 23:59 GMT, everyone mining on the official pool will receive a bonus following the stated rules. Don't forget to make screenshots. It will be useful to prove your amounts !  

Let's mine !  

Thanks a lot. We are trying really, but we are at the trough of the wave unfortunately. I wish I would have been in H2O sooner so I could have had a better impact on it.

8h30 before we start the mining marathon. Remember, bonuses given to the supporters 

MINING MARATHON will start on May 24th (saturday) at 00:00 GMT and will last until May 30st (friday) at 23:59 GMT.

RULES :
 - 7 days long

 - mining at the official pool : https://mining.theminingpools.com/ (apologies for those who mine elsewhere, next one will change)
For the difficulty, the higher the hashrate you can give, the higher the fixed diff you choose. For example I have around 650 kh/s and my submitted shares are are usually above 128, so I would have chosen the 256 diff. If I'd have a low submitted share rate, I'd have then switched to the lower stratum : the 32 one. Try which one fits you best.

 - proof : screenshots from you that we will cross reference with  the pool's data. You can send me your screenshots with an imgur pic link for example, by pm. I will provide an excel table for transparency just in case.

 - scaled reward to encourage longer mining
 --- 5% bonus per day of mining with a maximum of 25%
 --- minimum bonus of 5K H2O per day, maximum of 25K H2O per day
 ----- example : if you mine 2 days, you'll get a 10% bonus ; if you mine 4, you'll get a +20% or if you mine 6 days, you'll get +25%
 ----- example 2 : if your hashrate gives you 15K H2O a day, you'll get +5K H2O no matter what ; if  it gives you 150K a day, you'll get +25K H2O (the max).

Let's get back on tracks !

Unfortunately yes. Volume and value was too low.

That's the reason we are trying to rebuild some momentum by rebuilding the foundations :
 - First, to increase the hashrate to support the coin
 - Second, to increase the traded volume thanks to the increased hashrate and innovations
 - Third, to increase the value thanks to the volume and innovations

I believe that we got to build (innovations, interesting features, solidifying the foundations) for the value to rise because the price will not rise by itself just like that same as the volume. Times are difficult but we are working on turning the situation up. We had hype in the beginning, we don't have anymore and it's harder to get back up after falling like that. We believe in the coin and its purpose and that's why the team is working on it. I hope that the donation TWC made to the water project and the upcoming giveaway will help people realize we are serious about it and not here for a quick buck.

Upcoming :
 - Mining marathon giveaway (to support the hashrate)
 - Donation core (innovation)
 - New wallet features (innovative donation fee, more infos on the wallet)
 - Redesign of the brand (website, reddit, maybe logo)
 - Other ideas which are discussed at the moment.

We'll need some time obviously and I can understand the impatience, but we are definitely working on the coin. 

Just donated another 200 droplets (200K). We have now 4.1 drops (4.1M) in the fund. I'll get in touch with TWC to set the time for the mining marathon.

Thanks for the kind words.
Hope we can count you as a new supporter  

Thanks !
I will send 200K tomorrow and we'll finally pass the 4M bar level. I'll have to talk to TWC to set a date and for him to announce him officially but hopefully, this will start in the next few days.

http://cryptexplorer.com/address/HTAKTQYJBq6XNpHCo5GjJkzGj5ZADfWpry

After discussing about it in IRC and having modified some, here are my charts. Not really "charts" but more graphic stuff. @ThisWeeksCoin's being currently concerned by floods where he lives, I couldn't really discuss the ideas with him though I was able to showcase him my plan before posting them here.

More important, the following are all ideas I which we could implement in order, this is open to debate, to discussion by the community.

1. SEMANTICS
So first I had a simple idea about how dealing with big numbers with H2O :

1 drop = 1,000 droplet = 1,000,000 H2O  

2. THE WHOLE IDEA
Then, here's the main idea that I thought could really help the coin :


3a. 1ST NEW FEATURE : THE DONATION FEE
I want this to be the core of the coin. Every transactions should help charities. I wanted to have a minimum of 0.000% for those who wouldn't want to donate but ultimately, it's the heart of the coin, so the minimum would be 0.001% which is really low in my opinion.


3b. 2ND NEW FEATURE : A MORE DYNAMIC WALLET
To have last infos on donations & charities and also to have more transactions visible because 3 is a kinda low number. Main tool.


3c. 3RD NEW FEATURE : A POW/POS PROTOCOL
Similar to Peercoin. I think having the possibility to both mine and hold is really a great thing (on top of being able to purchase or trade). As donations being tied to every types of transactions, having diverse ways to activate the donation fee would maximize the charity aspect of the coin.


4. COLOR SCHEME
I want the coin to be the more recognizable possible and therefore to have the same color scheme everywhere from the website, the wallet, the reddit, the logo etc.
I liked the wallet design which was simple and I liked the icons, therefore I think we should keep those colors as the official coin's from now on.
a. the blue is : #488bcd (RVB)
b. the dark grey is : #4c4c4c (RVB)
c. the light grey is : #c4c1bd (RVB)

I tried to recolour the logo with this scheme using the existing one, here's how it is with the new color (I couldn't find the font, so I used one I liked). It's not as shiny as the existing one !  

Thanks
Yes !  

I put another 200K and will do so until we start !
We are at 3.5M at the moment and we'll reach 4M in the next few days, so it's safe to say we'll be starting the mining marathon in the next few days ! I'll have to talk to TWC to set this up properly and for everything to go smootly. But stay tuned.
Everything will be announced on ThisWeeksCoin.com and possibly on h2ocoins.org (which will know a big update soon).

Don't worry about that. It will rise again hopefully. With the upcoming changes the coin we'll make. Unfortunately, the value is low at the moment, but I believe we'll be able to make it rise, through an increasing hashrate thanks to the "mining marathon" and thanks to changes and new features coming in the coin. Let's be pro active and I'm sure, the price will rise.  

----

For those interested, I'm on IRC right now ("#h2ocoin", on Freenode) and will be for another few hours if you want to discuss about the upcoming plan. I shown my charts and it's pretty positive for the moment so I will be able to display them tomorrow after a few changes.

EDIT : We are at 3.6M. Thanks to the person who just donated 100K
http://cryptexplorer.com/address/HTAKTQYJBq6XNpHCo5GjJkzGj5ZADfWpry

Thanks. That will be helpful 

I'll finish my charts tomorrow and will be showcasing my "plan" to the team and to TWC this week-end and put it up for debate on IRC to know where are the strengths and where are the flaws. It should be positive from the early feedback I had when stating my ideas but I don't want to be too positive yet. Let's just hope that I'm not stupid and it will be positively seen and that good news will support the upward trend.

After that (and maybe some minor changes), I will be showcasing it here, for you all to debate and express yourselves about it. It will important for you to tell me what you think and if we are heading to the right direction with it.

I also noticed that the network hashrate rose a little bit which is already a good news itself. Let's keep mining it. Thanks to all the new miners that came with their hashing power to support the coin. You will not be disappointed.

MINING MARATHON
About the giveaway, I hope that we'll pass the 3M H2O mark in order to have enough funds to start it. The problem right now is that 1.85M is good but not enough in case there is a strong response resulting in a big jump in the network hashrate. I don't want to deceive people by not being able to pay the bonuses if there is not enough H2O in the fund... There already has been fails and I don't want to hurt the coin by failing again because I rushed things... Ultimately, 4M would be perfect but it would require more donations...

It won't be good for us to get on Mintpal at the moment. We need to have solid foundations (which we haven't) to avoid being toyed by market manipulators. We don't want the coi nto die once we go on a big exchange like Mintpal.

We still aiming to be the #1 charity coin but we'll need to be more than just a coin that proclaim itself a charity coin. Actions speak louder than words and we'll need proper innovations and proper acts to prove it. That's what I'm working on at the moment and I will very soon showcase my plan to rebuild this coin's momentum to the team and if accepted, I will display it publicly for you to know where we are going.
I already talked about it on IRC and the feedback was positive, now I'm trying to be more precise by making a timeline and going into details. We'll need the supporters to be patient. It takes some time to do that work and making it easily understandable through charts. 

Great ! I just saw the thread on acg.com, nice idea ! I hope they will keep it and help the coin grow.
Could you tell them that we are soon planning a mining marathon and that their hashing power will be needed when it will take place ?

And I just put another 200K on the fund but I'm running out of H2O. If more people could give to the fund, it would be nice 
95% of what I mine goes there. I hope people will appreciate the gesture.

Just donated 200K H2O in the fund 
We're getting closer, I'll keep you updated.

We are rebuilding some momentum at the moment. People lost faith as our hype decreased and the POS / multipool coins took plenty of shine from other coins. Therefore, we need to prove the coin's worth again which is what we'll work on in the next weeks. I''ll try to keep you all updated about the upcoming events.

IMHO, I think it'd be better for us to focus on ourselves instead of trying talking about other coins (even though it is legitimate to do so in that case). Let's be positive about it even if is frustrating. Honestly, Mintpal at the moment is not our priority. I try to vote as much as I can but being listed there in our current state will only make us  appear as an easy prey to manipulators of all sorts and make us lose any once of credibility as a serious coin. There are plenty of coins which die once listed on exchanges like Mintpal or Cryptsy and we don't want that. We are not aiming to be a p&d coin, so let's build some solid foundations before being listed on widely known exchanges. It's for our own good I think.

Otherwise, everything about the upcoming giveaway is set even if it would have been better to have more in the giveaway fund. We'll also need confirmation from the official pool for them to give us the needed data to confirm things but it's on the tracks. When we are ready to start, we'll announce it a day or two before.
About the giveaway fund, I'll try to buy some H2O on bittrex in order to fill the fund up. I finally got a second 280x and I successfully set the little rig up so I may be able to pour around 60K a day in it. It may be wise not to start the "mining marathon" too early in order for the fund to get around (at least) 3M H2O (which will all be redistributed to the miners obviously, the explorer will serve as evidence). I'm trying to put the max I can and most of what I mined so far has been put in the fund. I hope for the marathon to start by the end of the week but I'll need to have some confirmation with the team beforehand.

I think I had a really good idea today thinking about the coin and its possibilities (to really put it as a multiform charity coin) but I got to talk about it with TWC and the team to know what they think. If it's possible and feasible, I think we'll be able to really make a good and sustainable thing with this coin. If we can have a solid community to follow and support, it may be interesting. But before that, we'll need to prove ourselves again to bring back some confidence and interest in H2O.

Tomorrow I won't be able to work on the coin because I have some personal work to do but I'll be back on it by Wednesday hopefully

Thanks, keep up the good work and the good will and spread the message
We'll do the same  

Thanks for the support Pete. Hopefully with the team helping @TWC, we'll be able to be back on tracks. We'll try to avoid mistakes (though it happens) and be proactive to keep the movement... moving ! 
We have a few ideas for the coin and I hope they will be good enough to bring back interest in H2O and make the community grow. If you can help even with the slightest actions, whether it's is by promoting it, by sharing ideas or by simply supporting us, you're welcome. 

Good news : the giveaways details are set :
 - 7 days long
 - official pool : https://mining.theminingpools.com/
 - proof : screenshot from you that we will cross with  the pool' data.
 - scaled reward to encourage longer mining
 --- 5% bonus per day of mining with a maximum of 25%
 --- minimum bonus of 5K H2O per day, maximum of 25K H2O per day
 ----- example : if you mine 2 days, you'll get a 10% bonus ; if you mine 4, you'll get a +20% or if you mine 6 days, you'll get +25%
 ----- example 2 : if your hashrate gives you 15K H2O a day, you'll get +5K H2O no matter what ; if  it gives you 150K a day, you'll get +25K H2O (the max).

Feel free to express your feelings about it. If you want something different, state it, we're open to suggestions. 

We'll greatly encourage any supporter to give some H2O to the giveaway fund at this address : HTAKTQYJBq6XNpHCo5GjJkzGj5ZADfWpry
Explorer here : http://cryptexplorer.com/address/HTAKTQYJBq6XNpHCo5GjJkzGj5ZADfWpry
As of today, there is 1.1M in it. 100% of it will be redistributed to the miners.

It will be announced on ThisWeeksCoin.com (as it is forbidden to do giveaways on BCT) but we hope to start next week.

Stay tuned