I'd never buy ASICs because they end up being once expensive doorstops and I don't like the lack of transparency surrounding the release of them. GPUs on the other hand are transparent distribution-wise, flexible and much, much more people own GPUs which on its own is better for decentralization.

GPU miners at least can adapt, as in they can mine something else or use the cards for things other than mining or just resell them. ASICs on the other hand are in a much faster race to the bottom. ASIC owners are much more incentivized to cash out as much as they can before their hardware inevitably becomes useless before the next generation of ASICs. And of course much less people invest in them which causes centralization and worse distribution which should be avoided for all coins.

It also doesn't make much sense for ASIC companies to sell ASICs that are so profitable, unless they already used them for who knows how long and realized that now it's much more profitable to dump them.

I could be wrong but I think small upside fluctuations in BTC price are usually cause altcoin prices to decrease probably because people are dumping their alts to cash out more in FIAT.

Conversely, bitcoin price drops usually cause people to invest into alts.

But I think a massive price increase in BTC would also cause the alts to go way up because a massive price increase in BTC means increased value of the blockchain technology so BTC would bring all the alts up.

90% of pools are professional you're just being laughably impatient. Knowing nothing and calling out all pools instead of googling the info or watching a short guide isn't making you look good.


The reason ICOs are popular because people are dumb and impatient and just want quick cash.

Nice activity!


I'm not a dev, just a miner so I'd rather not join the dev team as I would have very little use at most.
But I don't mind helping from the outside if I can.


For people who want to sync from nothing I'd suggest downloading the blockchain from http://cryptochainer.com/dir/ and sync from that which should be fast.

Just a small thing but if you replace the wallet links with url tags the wallet links will be clickable so people won't get confused:

Oops, sorry 

.

Airdrop received.

Everything looks good and the 2000 block reward period started:

That figure (60%) is almost always right for any algo. Side effects of being a lazy, plug and play miner.

This coins has got more attention than it would deserve. Look at the fucking premine amount ppl!

@john-connor

Out of 213 wallets that I have dealth with over the years Vanilla's wallet is my least favourite by a huge margin (excluding broken, super-unstable wallets).
As much I appreciate minimalistic, barebone wallets VNL is just terrible.

I mean it's needlessly small/concise, the windows cannot be resized and it doesn't even support RPC (GPU solomining).
I mean what the fuck is this:



To me at least it's an utterly horrendous experience to use it and I avoid using it as much as I can. But since I can't even solomine to it, I don't have to ever use it (even though I'd want to solomine).

Interesting. What was the original price of the ICO?

Yes, I ninja edited my posts. The dev does indeed has a newbie account.

Virustotal is never, ever 100% reliable. Hacking tools can be hidden so it's strongly advised to run all your wallets either in a Virtual Machine, or in a restricted Sandbox or on a machine with a throwaway OS where viruses can't cause you any trouble.

I have the wallet running in a Sandbox where it only has read access to 2 folders, read access to the windows folder and some other folders and everything else is restricted (can't even read it). This way malicious wallets trying to grab wallet.dat files or browser cookies won't or anything like that are not able to do so and they usually just end up crashing.

Everything looks nice expect for the quoted part. There are a shitton of active sockpuppet accounts on this forum and you intend to reward them and reinforce the behavior of having multiple accounts. I disagree with that even if you intend to do an activity check. Plenty of suckpuppet accounts are active because of other promotions like signiature campaigns.

Other than that it really does look nice because the premine is accounted for. In a perfect world I'd like the PoW algorithm to be a more creative, non-Asic one but that might just be me.

Either way, I'm mining this and good luck.

Is there a block explorer with API support (balance of address, network information, etc)?

I like Spreadcoin's wallet (pic). It has a built in vanity gen an graphs for net hashrate/difficulty.
I wish it could be shrunk to a smaller size and offered other color themes though.

zpool added it so the hashrate from now on will sharply follow the price. Couple of days ago the hashrate was as low as 1.5 Ghs if I recall correctly.

I don't think it's going to matter this time. Eth's price climb and more importantly its volume can soak up 240 BTC everyday without affecting the price too much.

Oh boy. It will probably crash back down but in a few weeks/months I'm sure this will go much, much higher.