It appears that GPU efficiency has just dropped again.
I stopped mining today because I estimated it would drop today or tomorrow. Plus the initial value is weak on it when it hit the markets and looks to drop more in the following days. I'm just going to hold on to the TIX I have and wait a month or two to see if it's worth keeping it.
Don't you think there may be upside because of starting off lower by trading with XPM to start?
Maybe or maybe not. But as of now and the near future, no upside. Would have been better on the LTC market or even the FTC market. You can trade it for LTC and BTC on Bter. It's the only coin on all 3 markets. You don't think the price will rise when GPU mining gets even worse? It's a double edge sword of sorts....Either it will attract people to trade more and pump the value...Or make the coin stale on the markets with no interest to trade higher, or worse, lower.....All we can do is wait and see approach, once the gpu efficiency drop one or two more times from now......I'm just sitting on 140 mil of TIX that I mined with 2x HD 5870's.....CPR is an example that the market for it is stale now since the gpu efficiency is so low now that barely trading is occurring.....TIX other half to succeed is the support side and specialized services.... |
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Hi guys, we are designing a currency for Venezuela and we would like to know your insights about limiting the mining and trading to a specific country, in this case Venezuela. Is that a good idea or even possible?
The purpose is to mine and trade with venezuelan currency, which is 'bolivares', and since nobody in the world wants them and foreign exchange is restricted in our country it would be a good idea for venezuelan miners to get paid in bolivares so they can spend it for daily living while people buy the alt-coins for savings. So, slowly we change our shitty bolivares for XVEs and in a matter of years we may be able to start an exchange to trade XBTs for XVEs, you know, like in a real world monetary system (without govt intervention of course).
See, our currency just got debased 600% in one year and we are sick of government robbing us at gunpoint.
No, we can not buy BTCs (the main purpose of a world currency like BTC) because we have no access to dollars, euros, yens or whatever strong currencies and nobody takes our bolivares.
Believe me when I tell you we are fucked.
Ideas?
Only idea I would have is make a specialized miner for it that is restrict to work by region and/or code the coin to work only in a specific region. ie. ip restriction, region lock, etc. Just an idea... I'm not a programmer, so I couldn't help with coding it...I specialize in IT networking and computer repairs.... |
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It appears that GPU efficiency has just dropped again.
I stopped mining today because I estimated it would drop today or tomorrow. Plus the initial value is weak on it when it hit the markets and looks to drop more in the following days. I'm just going to hold on to the TIX I have and wait a month or two to see if it's worth keeping it.
Don't you think there may be upside because of starting off lower by trading with XPM to start?
Maybe or maybe not. But as of now and the near future, no upside. Would have been better on the LTC market or even the FTC market. |
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I agree. TIX should also be on LTC market at Cryptsy. There isn't enough XPM there to support all 3 of those coins
If Cryptsy reason is to use a coin with less market value then LTC, then why not at least FTC. FTC would at least cover the value and supply then XPM. Sounds like XPM is just being pumped to increase value, but that is just my assumption. I'm sure there's an angle. Cryptsy isn't a charity (nor should they be) -- they have to pay the bills and still turn a profit on top of it to keep things running. I'm just assuming there is a method to their "madness." the angle is you will have to do 2x exchange to get your money in or out of TIX. A lot of hassle too, you are forced into buying xpm with your LTC at a price you don't really want for a start. I want to buy direct with LTC. Might be another angle as well. I guess just be happy they even listed it for now -- if it gets volume, I'm sure they'll listen. Obviously they didn't do it this way to win any popularity contests. All this equal to capitalism.... I agree. TIX should also be on LTC market at Cryptsy. There isn't enough XPM there to support all 3 of those coins
If Cryptsy reason is to use a coin with less market value then LTC, then why not at least FTC. FTC would at least cover the value and supply then XPM. Sounds like XPM is just being pumped to increase value, but that is just my assumption. I'm sure there's an angle. Cryptsy isn't a charity (nor should they be) -- they have to pay the bills and still turn a profit on top of it to keep things running. I'm just assuming there is a method to their "madness." the angle is you will have to do 2x exchange to get your money in or out of TIX. A lot of hassle too, you are forced into buying xpm with your LTC at a price you don't really want for a start. I want to buy direct with LTC. Might be another angle as well. I guess just be happy they even listed it for now -- if it gets volume, I'm sure they'll listen. Obviously they didn't do it this way to win any popularity contests. xpm does not deserve to have it's own market right now, maybe later. A sinking coin like that can not have a market since many people do NOT hold this coin. BTC/LTC are the big coins that people hold. Why the hell should we have to jump through hoops like this to get some new coins - totally annoying. For now i am using Bter for it anyway, but annoyed since now have to pull my loaded ltc back out of cryptsy. Cryptsy makes very strange decisions....how the hell does a coin like orbit even get on any exchange it's hash is like 5mhs and that's the devs hash, it has never gone much above that and never will since people were rightly disgusted with the premine size. You would think that the next coin to get it's own market would be FTC after BTC and LTC....Some kind of profit logic is behind it for making XPM a market.... |
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I agree. TIX should also be on LTC market at Cryptsy. There isn't enough XPM there to support all 3 of those coins
If Cryptsy reason is to use a coin with less market value then LTC, then why not at least FTC. FTC would at least cover the value and supply then XPM. Sounds like XPM is just being pumped to increase value, but that is just my assumption. I'm sure there's an angle. Cryptsy isn't a charity (nor should they be) -- they have to pay the bills and still turn a profit on top of it to keep things running. I'm just assuming there is a method to their "madness." the angle is you will have to do 2x exchange to get your money in or out of TIX. A lot of hassle too, you are forced into buying xpm with your LTC at a price you don't really want for a start. I want to buy direct with LTC. With that, double fees with double exchanges.... |
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I agree. TIX should also be on LTC market at Cryptsy. There isn't enough XPM there to support all 3 of those coins
If Cryptsy reason is to use a coin with less market value then LTC, then why not at least FTC. FTC would at least cover the value and supply then XPM. Sounds like XPM is just being pumped to increase value, but that is just my assumption. |
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XPM Tip: Don't fall for Primecoin GPU Miner scams...(Hope this is a good tip...LOL)
ASD3zAWAcNAmmCeKRyY5kBYLsCBWBSuhM5
Thanks
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9qghZCt1Y9MLPzq6keWA6DSpBhS4LzreJa
Thanks
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Lottery Tickets (TIX)
Scrypt-Jane, CPR-Based
New Logo
Launched September 19th, 2013, on cryptonerd.co
First betting site is now up and running
altcoingambling.com/16BitBet/TIX
Now on cryptoblackjack
cryptoblackjack.kicks-ass.net
TIX InfoPorts 7997-7998 Block Time 32 seconds First subsidy is 32,000,000,000 Max moneysupply 100,000,000,000 No premine | INSTANT Transactions Block Rewards - Every block's a lotto
1-80,000 — 0-800,000 Reward (each block random) 80,001 — 1000-400,000 Reward (each block random) 160,001 — 2000-300,000 Reward (each block random) 240,001 — 3000-200,000 Reward (each block random) 320,001 — 4000-100,000 Reward (each block random) 400,001 — 5000-50,000 Reward (each block random) 480,001 — 6000-25,000 Reward (each block random) 560,001 — 7000-14,000 Reward (each block random) 600,000+ — 10,000 Reward (flat) lotterytickets.confrpcuser=x rpcpassword=x rpcallowip=127.0.0.1 rpcport=9332 server=1 gen=0 Source:
https://github.com/LotteryTickets/LotteryTickets
Windows:
https://docs.google.com/file/d/0B0V-7FME2rcyZW1Bb3NGcTVkUDQ/edit
GPU Miner:
https://docs.google.com/file/d/0B1WLLLvN3Ho5anVfS05fT3dRalk/edit?usp=sharing
The .txt and .bat in the rar are incorrect. The correct numbers for your .bat are: --Nfmin 4 --Nfmax 30 --StartT 1379622160
If you don't change them, you will get all rejects on all pools. Updating the google drive rar tonight. Sorry
Block Explorer
http://84.251.34.142:8888/TIXexplorer/index.phpStable 0% Fee TIX Pools
Small Time Miner
http://tix.smalltimeminer.com
Stratum Only: stratum+tcp://tix.smalltimeminer.com:3339
Coinmine
http://tix.coinmine.pl
Stratum: 6111
TIX is a unique crypto currency being the only scrypt-jane with random block rewards for the first several hundred thousand blocks. It is a collective effort of several prominent developers that have experience both creating and maintaining networks for coins. Not only does this provide solid coding for the coin itself, but also the knowledge and experience to keep the network going and patch any issues, should they arise.
The development team will remain anonymous at this point, but will continue to monitor and maintain both the code and network better than any other developer or development team can. Our team is comprised of individuals that are responsible for no fewer than 20 coins currently being exchanged. Mine and trade with confidence of instant transactions knowing that this coin is backed by the best, and only the best. We don’t want this coin to succeed based on our reputations of releasing very solid and profitable coins. This one will speak for itself! Small Time Miner pool frontend isn't work, web page isn't loading. Not sure if the pool is still working.... |
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My biggest worry for the new generation AMD RADEON R9 290X. Voltage locked!!!. I will skip until someone confirm it is voltage unlocked  Depends how energy efficient the new card is, that voltage unlocking might not be required. As with CPU's, GPU's can benefit with die shrinkage and energy savings with higher performance too... I live in a country that electricity is consider quite expansive $0.14/kwh. I would be really happy if the energy efficient increases. But on the other hand I am worry that FPGA for scrypt is coming to the market I live in California, I'm paying $0.1323/kwh....FPGA to scrypt could happen, more likely then ASIC, as you can make an FPGA be more memory intensive like a GPU card...But that's still a maybe for FPGA miner for scrypt.... |
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E5wFpkv5oL3ZpQeXreRbfhQdtTPXaQmg96
Thanks
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My biggest worry for the new generation AMD RADEON R9 290X. Voltage locked!!!. I will skip until someone confirm it is voltage unlocked Depends how energy efficient the new card is, that voltage unlocking might not be required. As with CPU's, GPU's can benefit with die shrinkage and energy savings with higher performance too... |
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Thanks for the info guys, I'm keen on the 7990, the price has gone down considerably since release when it was bundled with 8 games. But will look into the 7970 too. What is the nominal speed of a 7970, 600 KH/s?
Around 600~700 kh/s, mileage and oc'ing varies per card. But the 7950's a per watt/hash rate king then the 7970's and 7990's. The 7990's is a more convenient package of packing two 7970's in it though at $600 on newegg for one, I'm think about getting one, maybe... |
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dead?
So dead, not even the website and downloader for the miner is working....Nice name for a coin though... |
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cryptsy should have put it on ltc market too really.
The reasoning is a market less then LTC to trade on. Why not FTC at least? I don't see XPM getting any stronger in the near future. Now all this mining is worth crap now. Even on Bter, TIX is moving slow. I don't know, seem not too profitable now. Might have to just set back and wait or just take the losses. Not even worth all the electricity and time spent.... You have to realize with the number of coins available there needs to be some negotiation room up and down to trade, bter's btc market already reflects this, you can't buy in less for less than 0.00000001 LTC is a better match but it is limited as well. Just wait and see how this pans out I guess. All I know is that I'm going to stop mining TIX now. When a coin isn't profitable enough to pay the electricity and put a little in the pocket for the time wasted, then it's time to stop. |
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cryptsy should have put it on ltc market too really.
The reasoning is a market less then LTC to trade on. Why not FTC at least? I don't see XPM getting any stronger in the near future. Now all this mining is worth crap now. Even on Bter, TIX is moving slow. I don't know, seem not too profitable now. Might have to just sit back and wait or just take the losses. Not even worth all the electricity and time spent....Don't get me wrong, I like XPM as it's goes to a good cause of actually finding prime numbers that can go toward some scientific research.... |
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You bet! Although I did had a pleasant exchange of several hundred thousand TIX with @bishop_Pavel.
Only negative is the price isn't completely stable yet. Cryptsy is strange for putting TIX on the XPM market, wonder what's the logic behind that decision?  At least it on two markets now and we'll see if the price goes even higher once GPU mining is no longer profitable. Cool you had a good trade exchange with @bishop_Pavel. What ever happen with Angel_of_Heaven trade? Did that go through or not? It's on 3 markets. It's been less than a day, give it a little time  Bter has btc and ltc, cryptsy has xpm Wow, Bter has a 50,000,000 daily withdrawal for TIX. Damn, I should have researched better. Now I got to withdraw in daily increments...lol |
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You bet! Although I did had a pleasant exchange of several hundred thousand TIX with @bishop_Pavel.
Only negative is the price isn't completely stable yet. Cryptsy is strange for putting TIX on the XPM market, wonder what's the logic behind that decision? At least it on two markets now and we'll see if the price goes even higher once GPU mining is no longer profitable. Cool you had a good trade exchange with @bishop_Pavel. What ever happen with Angel_of_Heaven trade? Did that go through or not? Nope, never heard from Angel_of_Heaven again. Maybe he's using his loot to get lap dances with the Devil while vacationing in Hell  lol....Hopefully it wasn't on purpose...Hope he's not in jail, hospital or dead.... |
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You bet! Although I did had a pleasant exchange of several hundred thousand TIX with @bishop_Pavel.
Only negative is the price isn't completely stable yet. Cryptsy is strange for putting TIX on the XPM market, wonder what's the logic behind that decision? At least it on two markets now and we'll see if the price goes even higher once GPU mining is no longer profitable. Cool you had a good trade exchange with @bishop_Pavel. What ever happen with Angel_of_Heaven trade? Did that go through or not? It's on 3 markets. It's been less than a day, give it a little time Bter has btc and ltc, cryptsy has xpm I meant it's on two market websites...lol....XPM is tricky because there isn't too many people trading it, since it's only CPU mining for Prime Numbers....Guess I'll keep mining until the GPU efficiency drops on more time..... |
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Found this on Cryptocointalk (announced 2nd Sept) https://cryptocointalk.com/topic/1132-netcoin-net-launched-today/NetCoin (NET) - a fork of Litecoin that combines the random superblocks. Net coin is the coin for spending on the internet... Like Litecoin it uses scrypt as a proof of work scheme.
official website
www.netcoin.pw
- 60 seconds block time
- Difficulty retargets every 60 blocks
- Total coins will be 320,636,160
- 6 confirmations for transaction
- 50 confirmations for minted blocks
- 1024 coins per block, and a random super block each hour that has 8X the normal payout (8096 coins)
- The payout will be halved each 3 months (129,600 blocks)
- To enourage the early adoption, the 1st week after the launch is a bonus week:
- First 2 days: 5x
- Next 2 days: 3x
- Next 3 days: 2x
- The default ports: Connection 11310, and RPC 11311
- No premine
Download the windows client
https://docs.google....dit?usp=sharing
and Mega:
https://mega.co.nz/#!J480zLoD!Aul1Zncf8swIbOwctS1P6WoqAQNfc2LNFcvCjuy7Io0
github
https://github.com/n...project/netcoin
The Small Time Miner Netcoin Pool
* http://net.smalltimeminer.com
* Proportional Payouts. Full Block Rewards. 1% Fee.
example netcoin.conf
testnet=0
listen=1
maxconnections=100
server=1
daemon=1
rpcuser=user
rpcpassword=pass
rpcport=11311
rpcconnect=127.0.0.1
addnode=173.254.206.115
addnode=67.231.254.10
addnode=121.73.163.82 You might want to update the info. NET trades now on the XPM market on Cryptsy: http://www.cryptsy.com/markets/view/104 |
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