Anyone who creates an alt coin for the purpose of getting a profit has dubious motivations.
What does that actually mean though? If a developer brings out a new coin in the future full of innovations and took a year to code what is your objection to him profiting from his hard work?
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To be fair I made two separate posts querying what the starting difficulty would be in that topic and to my surprise not a single person responded or picked them up.
Everyone forgets the 'scam' claims in the run up to a coin launching and conveniently stop caring, because they hope they are going to get rich from it. As soon as they don't get rich, out come the pitchforks.
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Mined 20k on the first day.
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Just put all the trading topics and giveaways in a separate sub-forum. Straight away that is a big chunk of the 'non-content' topics taken care of in a fair way.
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People are already starting to ignore coins which don't offer anything new. Royal Coin looks like it gained virtually no traction from it's launch. It's getting harder. A coin has to have a new idea now or 'twist' to get momentum... YACoin did that with the cpu mining thing. Not buying any though, I don't see the cpu mining thing lasting long
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And for anything to be at parity with BTC in the first week is destined for widespread media attention.
Word. I was about to say, wait until media coverage spreads that there is an alternative cryptocurrency which isn't going for 40 cents a coin or 3 dollars a coin, but 70-90 dollars a coin. Will bring lots of attention for sure.
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This new pool came out recently - btb.ltcoin.net
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Now all we need is a useful coin for nvidia cards too and the cryptos be set for life growth.
If you want this coin I'll just fork solidcoin2 and use their hash algorithm, as it runs similar on nVidia as compared to AMD GPUs. But it's had no cryptanalysis so it's possible the implementation is just poor and someone will figure out a faster AMD implementation eventually. I would be interested in this. Why not make a separate topic and see public opinion? Must be other people like me around with nvidia cards that can only mine cpu coins like Yac.
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Ok, I'm seeing a definite issue with my list of 8 connections then. I'm only getting ""inbound" : false" for my connections. I'm guessing that's probably why I'm not seeing additional peers. I guess I'm stuck until I connect to a peer with an inbound connection.
Anyone have any ideas on this one?
I couldn't get the windows build to accept more than 8 connections, even when forwarding the port.
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How dumb do you have to be to think that a random altcoin should be valued in some direct comparison to BTC just because it's difficult to mine? Seriously people, use your brain.
The scarcity will keep the price high. NVC is worth nothing, yet in spite of this it's priced higher than LTC simply because there isn't as much supply. People who like to diversify will want some to keep on hand as insurance or to dump during rallies. Yeah. Mincoin is similar in that regard too. And has a lot of haters. Seems like mincoin, nvc and bitbar have more in common than just scarce supply.
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Let's see what the free market prices them at. At the current difficulty only 20 bitbars are made a day across the entire network... will the price reflect that... check back in 48 hours to find out
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Is this the standard? Doesn't that make this one of the fastest if not the fastest coin?
I don't understand this stuff well, so please explain if I am wrong.
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If you guys all posted your hashrate I think you would see the answer staring you in the face.
O RLY? JimmyFL says he has 500KH/s Any mid-range CPU (i3) gets at least 100KH/s which is 1/5 of JimmyFL hashing power. I have 300KH/s in total and my result is 0% good blocks. I can tell you hashrate is at least part of it because I've been using every computer in the house to mine it. For me the pattern has been the machines with high hashrate have gotten virtually no orphans, the machines with low hashrate all orphans. That's my experience.
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If you guys all posted your hashrate I think you would see the answer staring you in the face.
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Nice. All they need to do now is put a BitBar tab at the top so everyone can see it's on there. I wouldn't have known if I hadn't read this topic.
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I am getting 'generated but not accepted'?
it's an orphaned block then Any tips how to stop that happening?
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Is this for testing or for real, please clarify!
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I am getting 'generated but not accepted'?
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At the current difficulty looks like a miner would be lucky to make 1 bitbar a month... surprised actually bitbar difficulty still rising so fast given some of the bad publicity.
We need another bitbar mining pool
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