Hi Bitpop! Long time!
Guys you need a marketing re-brand. I cringe every time I hear the phrase "Eithereum classic". You guys arent "Ethereum classic". You are just Ethereum. They are the ones who hard forked. NOT YOU. Please stop calling yourself Ethereum classic and instead refer to this project as just Ethereum.
There is a problem with this you say? How will people know which Ethereum you are talking about. Simple. The guys on the fork should hence forth be referred to as "Neo-Ethereum".
Please. Spread the word. The guys who are actually Ethereum, real Ethereum, shouldn't be referring to themselves as "Ethereum classic". Do not let your opposition control language especially when you guys have the intellectual and moral high ground.
No body is in charge of ethereum classic, we have no leader. We are all supporters. The devs are employed by the ethereum classic supporters. If you think ethereum classic needs a marketing re-brand you will have to join, fundraise and create a campaign and try get people to come on board with your idea, there is no pleading to some higher entity here, we just don't have one. We have decentralized governance model. If you want to bring about change in this coin, feel fee, join our slack and make a go of it. You will be made welcome. However: no one has control, even some of our Devs are anonymous, they code and get paid in crypto. We could have anyone working for us, Eth Devs? Dao hacker? Satoshi himself? We will never know! Do we need to know if the code is checked and rechecked by different people? So in someways we are like Bitcoin  The supporters own the coin. Talk to them about re-brand |
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Did thief get the 3.2 ETC ?
did he move the money ?
Your 2 days early |
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The switch to PoS is due to the fact that PoW is unsustainable - those miners who have made massive investment in GPUs to-date are experiencing rapid diminishing returns with these DAG sizes - 'they may' swtich to ETC just to get a little more life out of their rigs, but there is no sense in them continuing to load up on hardware for ETH. ETC, if it has a future (which I doubt - it should not), will face the same need.
Those serious folks who wish to use the technology are not going to go with a bunch of opportunistic malcontents, they will follow those that created the tech in the first place. There is very little chance that ETC will overtake ETH in its current state/price/etc, and def not in the future, as the most capable developers will be working on ETH, and it will be there where the real advancements are made.
ETC is a short-term novelty that some have made a decent profit pumping and trading, but its end is nigh.
This is true as you cannot make money mining eth with a network of 5TH/s on the current PoW GPU algo unless the price rises. This is to push people into PoS. It is diffucult to scale up and is now as big as it can get. PoS however allows you to scale further but is less secure because of the smaller number of validators and makes the system more centeralised. The more i see the more i think a hybrid is the only way forward, moreover PoW is leading to some of the new breakthrough algos like PoC which gets past some of the energy and scaling problems of pure PoW. Just imagine if any peice of kit with memory could mine, phones, ipad, laptop, desktop, server. PoC can also be used as cloud storage space for smart phone dapps. Everyone in the world could mine and stake a percentage of their coin and not just people who live in developed countries and have access to banking. Yes the people who started it know best, thats why we like Charles, he is a good supporter Moreover: Anyone can join Etc and develop. Maybe some of Eth devs are Etc dev already as some of our devs are anonymous. Maybe we have the Dao hacker, maybe we have Satoshi. We will never know. Devs are employed and paid by Etc Community and Ect Community is all of us that hold, mine or run nodes. |
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"LeChuckDE” has now opened his pool to the public.  etc.coinpool.biz LeChuckDE is a very important miner to Ethereum Classic. He was with us back at the start when we were only 350MH/s. User “seanz123” had just launched his “51% attack on Ethereum Classic” form the https://forum.ethereum.org forum. LeChuckDE, myself and a few others tried to reason with the attackers and when that failed, we spread the word and got support. Shortly after that, the "attack pool" had an attack of its own and was ddos so hard, miners left in droves. (I wonder who wiped them out?) Anyhow his pool has quality ddos protection, IDS System and Banning-System Dual-Server HA Enviroment Failover-Standby each Server Hardware Stats: 2 x Intel XEON @ 4 GH/z, 8 Cores, 16 Cores total 32 GB Ram ECC 256 GB Raid 1 SSD 2 TB SAS Raid 5 15K HDD 2 x GBit Ethernet Connection to Internet (Failover-Teaming) 1 x 10 GBit Fiberchannel for Datasync between Clusternodes Pool was founded since the start and has found 115 Blocks has 3 Stratum-nodes for ranges 1 - 99, 100 - 350 and 351 - 4500 MH/s, last both are Nicehash-Compatible "LeChuckDE” deserves our support, His pool is here etc.coinpool.biz Ethereum Classic owes a great deal to this miner and it is good to have him on board.
Please support his pool!
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Chart looks good for etc, maybe in two days this will start react
I do hope so.... soon! @ShooterXD Your english is getting better now you support etc. I am happy when people are learning |
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I just got a message from "ocminer" who runs https://etc.suprnova.cc/ "I am on vacation but of course the etc pool is running fine, still has all sorts of ddos protection and I get notified by sms and mail as soon as any problems arise."So all good with suprnova Enjoy your rest "ocminer", you deserve it! |
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Thank You for your support. |
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Maybe you should have stayed in XMR But you can only make on XMR if it gets pumped and you have cash to invest. It can be mined (CryptoNight) but it is the 24th in the list of most profitable coin to mine. https://www.whattomine.com/so no good to miners. Also, Feathercoin and GroestlCoin are far more profitable by far. Poloniex does not list Feathercoin and is about to delist GroestlCoin. I think Poloniex plan to survive on hype / FUD and gambling, while the PoW coins will be traded for their true value on https://bittrex.com/So not such a bad thing if Polo delist ETC in my eyes. https://poloniex.com/ = casino economy https://bittrex.com/ = free market economy Also: PoW = scientifically proven (ecologically / empirically verified ) PoS = Experimental If a coin price is not backed by mining, it's price is staked only by it's investors so it ends up a bet between the long term investor and the short term one. Polo makes it's money on the volatility of coins so the shortterm investor love them. Here's the down side, like all casinos, the house always wins. |
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I mean....I know that the difficulty going up means more ppl are mining, means better decentralization, etc. But FUCK! Mining profits keep getting smaller and smaller!   It just mean the mining will be concentrated into cheap electricity places like China. It happened to the btc mining. No, I doubt that's the main cause. POS is coming soon, at least, too soon to invest a giant mining operation into Eth. More likely, it's a combination of difficulty bomb (by design), and more rigs being brought online/switched to Eth mining. Difficulty bomb won't affect difficulty for at least 5 months. Interesting. From what I've read on other Threads - most of the difficulty rise comes from new mining hardware, improvements in GPU mining techniques and new people coming into crypto-mining because of ETH. Someone could research and post figures on wallet-qt growth rate over the last 4 weeks! If ETC FAIL, the miners on classic may want to hash on the ETH chain to make some coin. This means ETH Network hashrate could suddenly rise by 13% also increasing ETH difficulty by about the same. And vice-versa! At moment: some threads are awash with people asking questions about how to set up 480's and 470's for mining Ethereum! Some people are saying that 480's are sold out in there countries. Everyone wants a machine that prints money. The problem for miners is that the more popular mining becomes, the less profitable it is to mine. It's a bit like oil or gold or coal. No one has solved this problem yet. Oil is too cheap for miners but too expensive for consumers. It is too costly to set up an oil drilling operation but very cheap to start crypto mining |
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I mean....I know that the difficulty going up means more ppl are mining, means better decentralization, etc. But FUCK! Mining profits keep getting smaller and smaller! It just mean the mining will be concentrated into cheap electricity places like China. It happened to the btc mining. No, I doubt that's the main cause. POS is coming soon, at least, too soon to invest a giant mining operation into Eth. More likely, it's a combination of difficulty bomb (by design), and more rigs being brought online/switched to Eth mining. Difficulty bomb won't affect difficulty for at least 5 months. Interesting. From what I've read on other Threads - most of the difficulty rise comes from new mining hardware, improvements in GPU mining techniques and new people coming into crypto-mining because of ETH. Someone could research and post figures on wallet-qt growth rate over the last 4 weeks! If ETC FAIL, the miners on classic may want to hash on the ETH chain to make some coin. This means ETH Network hashrate could suddenly rise by 13% also increasing ETH difficulty by about the same. And vice-versa! Therefore it is more profitable for the two chains to compete |
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So where are these donations going? Nobody has asked the important questions around here...starting to look shady as hell, wtf?
Good question! Join our slack team tylerderden, if only to oversee the spending of our donations? https://ethereumclassic.herokuapp.com PM me if you have probs joining! Plenty room for more. I'm sure you have valid opinions we want to hear tylerderden. DEV CHAT! Feedback for your perusal http://cointunnel.com/fetch/discussion-group.pdfthe above download is a transcript of a Dev discussion group on our progress. I will post more as I get them. |
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https://www.linkedin.com/pulse/krypton-recovers-from-new-type-51-network-attack-stephanie-kent?published=tQuote " The attackers managed to steal around 21,465 KR from Bittrex by double spending on the network. The attackers did this by sending KR to Bittrex, sold them for bitcoin and then rolled back the blockchain to reverse the transaction. Supernova mining pool and Krypton stats servers were also DDoS attacked to give the malicious miners an edge over the network.
The miners rented extra hashing power from Nicehash and used 4miners pool to conduct the attack. KR deposits and withdrawals are frozen on Bittrex and Yobit, pending confirmation that all work arounds have been successfully implemented.
LOW HASHING ETHEREUM BASED COINS AT RISK
This attack may be a “dry run” intended as proof of concept before targeting other Ethereum based blockchains. Shift, another Ethereum type coin, was also targeted by a similar 51% attack last week.
Ethereum based blockchains are being targeted predominantly because they’re easy to fork and manipulate offline, while being used in conjunction with DDoS attacks.
It is suspected that the attackers may be using these lower cap coins as a testnet before targeting Ethereum Classic. This attack may be more difficult to scale up because of ETC’s larger aggregated hashing power." end quote! Also, we have a good 1/3 of our hashrate as Solo miners. However we still need to support our pools
Note to new miners!
Look here when choosing a pool http://etherx.com/pools/ and give some thought to decentralisation
This is why i get apprehensive of new pools that approach me asking to go on the regular shout out!
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So where are these donations going? Nobody has asked the important questions around here...starting to look shady as hell, wtf?
Good question! Join our slack team tylerderden, if only to oversee the spending of our donations? https://ethereumclassic.herokuapp.com PM me if you have probs joining! Plenty room for more. I'm sure you have valid opinions we want to hear tylerderden. |
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