Mangocoinz 'mining' was based on the motion sensor of the phone, phone moves, you get coins until you reach your daily mining limit which probably also means it's centralized, not sure.
But the problem is that it is relatively easy to modify APK files so for example you don't need to move, it just generates coins without doing anything.
Or you could emulate dozens of phones on a computer and generate all the coins you want so the system cannot be trusted.

Alright, I'm curious where this will land.

Was solomining with GPUs, had no idea there could be a difference between solo and pool mining like this.

Speedyshare? At least host your wallet on a decent file sharing platform. I'm out.

Source: Generated
Credit: 487.50 EDGE (matures in 91 more blocks)

That would be exactly 500 coins without a 2.5% donation.

I does take 2.5% from every block; the block reward was 487.5 instead of 500.

I take it, at least no ICO.

That was not my intention, I was just trying to point out that private miners are probably more profitable for devs.

I don't think I did I just can't see a solution to the problem. Every method can be easily exploited or too intrusive.

/thread, I'm afraid.

I'm not interested in AMD mining at all, I'm all for nvidia but it is valuable to know how those cards will run because they could potentially cripple the green team especially because they will be cheap (R9 390X 8GB - $390; R9 390 8GB - $329).

And to be completely honest I wish more people would advertise their private miners because as much as I appreciate sp_, tpruvot, djm34 and other's work their optimizations are being used by everyone because they are free and in reality if everyone has fast miners then nobody really have an advantage.
It might be a good example (or just a coincidence) that since sp_ announced a week ago that he "pushed Quark on the AMD 280x from 1.7 MHASH to 4,5MHASH on standard clocks" the weekly average hashrate on yaamp for quark increased from 572 mh/s to 852 mh/s even though the profit decreased from 0.051 to 0.0398 mbtc/mh/d. And apparently there's a private russian miner which does 11mh/s (280x) and if that was free, quark mining would turn unprofitable very fast. So really, you either have very cheap electiricty, a fast private miner or tons of time to research coins nobody is looking at.

Miners mine mainly for profit so why shouldn't devs prioritize their profits as well? Assuming sp_ haven't changed his donation address he only received 4.6 BTC in the last 9 months meanwhile on yaamp alone currently there are 98 miners (with who knows how many cards per miner) using different SP-MOD ccminer forks. How many of those people ever donated or even knew this thread existed? Sure, private miners have plenty of cons on both sides but I'd certainly like to know the options.

The 390x is rumored to have 300W TDP and they will be released on June 18th and the flagship device, Fury will be released on June 24th. I'll be curious what Wolf0 will crank out of those ones.

And yobit is even sending out emails about their newly hosted ICO's.

Get the fuck out. Not even a roadmap or feature list. At least make some shit up why do you need 70 BTC for your useless copy paste coin.

Altcoins are both cryptocurrencies, digital currencies, magic internet moniez and altcoins. But altcoin is the most obvious name to describe them because they are alternative to the big brother that is bitcoin. As long as altcoins will have to be traded to FIAT through bitcoin, they will remain altcoins for sure.

Coinmarketcap is fine, you just have to click the Volume (24h) to sort coins in that order.

How is that (lack of) distribution can possibly be considered anything but a scam? Having to trust the devs with that amount is pretty much a form of centralization.

A takeover means a final pump and dump like 95% of the time.

$7,967,960 marketcap with $23 trade volume.

Shows nicely why marketcap is nothing but a useless number in crypto.

BCT thread: https://bitcointalk.org/index.php?topic=1066093.0


50% (or 100%) premine coin: