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Now that the crazy mining phase is over, anyone know of a rich list? There were some big farms in there toward the end.
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IMO Potcoin has the same chance as Dogecoin in becoming popular. Many here are arguing that there doesn't need to be an industry specific coin and it's pointless. Well, so is Dogecoin if you look at it that way. People could just as easily tip on Reddit with Bitcoin, or get Bitcoin sponsored on a race car. The point is simple, they can relate to the meme and that's their driving force. People who aren't inclined to bother with Bitcoin or Doge might just get interested in Potcoin.
Maybe Potcoin needs a second function. Something like setting up donations to for people who need help with legal fees. Or maybe donating to sponsor legalization rallies and the like. We need to think outside the box on this one.
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Swisscex, already dumping 100.000 for 0.00002 BTC. Wich I think is a way too low price for iCoin...
Well.. but isn't that 10X higher then the current iCoin price? There will always be a few people in the alts that only care about converting to BTC. Nothing can be done about that unfortunately. |
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Got it, thanks.  |
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Has anyone heard about these alleged scrypt-n ASIC miners? https://www.flowertechnology.com/wp-content/uploads/2014/04/Accouncement-29_04_14.pdfFinally, we are thrilled to announce a huge milestone in both ASIC development and the Scrypt
mining community. The Flower Technology ASIC is now capable of mining Scrypt-N, up to N=16384
in addition to Scrypt proof-of-work coins. This will future-proof your purchase for expanded mining
options and increased versatility. Examples of Scrypt-based coins you can mine with our machines
includes
Litecoin, Dogecoin, Isracoin, Auroracoin, Feathercoin, while examples of Scrypt-N coins you can mine
with our machines includes Vertcoin, execoin, GPUcoin, CaiShen and PANDA.
notice how they don't show how fast is n mining, nothing but a vaporware, i believe it when i see it True, but those are the types of things that the dev needs to stay on top of. There's no doubt crypto currencies are having a positive effect on the designing of ASIC style chips, making it easier and more efficient at getting them to market. |
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I am still quite confused as to how come the rest of the hardware is not ready when the ASIC chips were delayed by a few months?
eg cases not made yet, is that for real?
That is a very valid point chap, I think we are in for more delays. This was discussed a while back. They need to know the specs of the finished chip such as wattage, package size, pinout, thermal properties, etc. Until this is known they can't design the heatsinks. The case can't be designed until the heatsinks are done, etc. Granted, their communication sucks but I think we all knew in the back of our heads to expect delays when we ordered last year. I did anyway. The way I see it, I bought a bunch of Block Erupters last fall and didn't expect to really make even close to ROI but I didn't care. They were cheap and an easy way for me to get into Bitcoin. Fast-forward 9 months and I've made more than 3x what I paid for everything, I feel confident I'll do the same with these. Food for thought, nothing more. |
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I am still quite confused as to how come the rest of the hardware is not ready when the ASIC chips were delayed by a few months?
eg cases not made yet, is that for real?
That is a very valid point chap, I think we are in for more delays. Because they need to know the pinout of the packaged chip before they can build the board. This was mentioned a while back. |
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EXE needs something other than scrypt-n. The other new algos that are gaining interest have some new innovation other than being ASIC proof.
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Meanwhile I'm at work and my miners are hashing blocks that aren't being confirmed. Aside from the obvious issue over the wallet payment, what about figuring out what's going on with the blockchain?
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Something's not right over at dedicatedpool, the block confirmations are all messed up.  |
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I'm last minute investor #9. I hate to see you go BigRidg7, it seems you were the only one putting yourself out there for the coin.
You're here finally, please send me your ICN address. Email sent |
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I'm last minute investor #9. I hate to see you go BigRidg7, it seems you were the only one putting yourself out there for the coin.
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You do realize that to be able to continue to mine this coin, it needs to be able to at least pay for the cost of mining, don't you?
I sure as hell am in no position to just buy gear and run electricity to it just to be able to gloat about holding a bunch of them.
I don't think I understand what your point is about mining them if there is to be no profit. They are useless if they are not worth something. Some disjointed ideal they hold for you does not equal actual value.
How or why you can say the coin does not need to be fixed is baffling me. A week+ time to even find a block is not going to work.
You will lose all the miners other than yourself and what is the point then? You can try to keep the chain alive but it will serve zero purpose.
So how about we let someone fix the damned thing and stop turning everyone away from it?
Just a simple fix to adjust the damned block time to something more realistic, that is all I ask for. We get that and I will stick with this coin, invest my dollars into gear and point it right here, alongside you, with no more complaints.
+1 I had no choice to get out when the block time wasn't going to be addressed. I like the ideal behind it as much as anyone but with no one at the wheel that's all it is, an idea. |
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Has anyone heard about these alleged scrypt-n ASIC miners? https://www.flowertechnology.com/wp-content/uploads/2014/04/Accouncement-29_04_14.pdfFinally, we are thrilled to announce a huge milestone in both ASIC development and the Scrypt
mining community. The Flower Technology ASIC is now capable of mining Scrypt-N, up to N=16384
in addition to Scrypt proof-of-work coins. This will future-proof your purchase for expanded mining
options and increased versatility. Examples of Scrypt-based coins you can mine with our machines
includes
Litecoin, Dogecoin, Isracoin, Auroracoin, Feathercoin, while examples of Scrypt-N coins you can mine
with our machines includes Vertcoin, execoin, GPUcoin, CaiShen and PANDA.
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how about this?  That works for me. |
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Clean, simple, no BS What say you?  Give the coin some depth and I think it'll be good. Maybe soften up the texture used for the background so it's not such a contrast to the "hand drawn" logo. The background seems too... clean. It seems like the background was made in PS and the logo in MS paint, you know? |
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Does anyone know a pool on the updated code? Dedicatedpool doesn't look like they've done it yet.
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I feel my last post may have been confusing so I’ll try to explain it better.
Sender A (SA) sends 8DRK to Receiver A (RA)
The masternode takes the 10DRK from SA and parks it, none of those coins will be used in the rest of the transaction.
The masternode from its 1000DRK balance takes 8DRK and sends to RA and 2DRK to SA as the change.
The original 10DRK from SA will be used at a later date to fulfill someone else’s transaction.
This way the change SA gets back isn’t even part of the original transaction of 10DRK. There’s no worry about tainting your next transactions with the change from previous transactions. If it’s done this way none of the coins can technically be tracked back to the original sender because they stopped for a layover on the masternode for X number of blocks before being used again. So you have separation of not only the addresses but it will appear that the coins sat in another wallet for a period of time before being spent again. Please correct me if I’m wrong about this, I’m trying to comprehend DarkSend as well.
The coins in the masternodes aren't used for mixing. 1000 coins is way too small an amount for something like that. As I understand it the coins coming in from other clients form the mixing pool. Either way the change sent back to the original sender should never be coins that have come from their wallet in previous transactions. I don't see the big deal in having the requirement of masternodes having a certain amount of coins at any given time. Maybe make it a preference system, your transaction goes to the closest node that matches your transaction value (1/10/100/1000/etc) with the most coins on hand. This would give incentive for the masternode operators to not just dump their coins as well. Thoughts? |
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I feel my last post may have been confusing so I’ll try to explain it better.
Sender A (SA) sends 8DRK to Receiver A (RA)
The masternode takes the 10DRK from SA and parks it, none of those coins will be used in the rest of the transaction.
The masternode from its 1000DRK balance takes 8DRK and sends to RA and 2DRK to SA as the change.
The original 10DRK from SA will be used at a later date to fulfill someone else’s transaction.
This way the change SA gets back isn’t even part of the original transaction of 10DRK. There’s no worry about tainting your next transactions with the change from previous transactions. If it’s done this way none of the coins can technically be tracked back to the original sender because they stopped for a layover on the masternode for X number of blocks before being used again. So you have separation of not only the addresses but it will appear that the coins sat in another wallet for a period of time before being spent again. Please correct me if I’m wrong about this, I’m trying to comprehend DarkSend as well.
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