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41  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 14, 2017, 06:59:34 PM
Mining pool is ready now?
I want to see more details about this coin, there is no whitepaper.

Yes, there is a mining pool working, but we are in the phase of the Antecipate Mining Campaign, if you want to participate, just contact us by PM, the mining will be open to all from October 24.

Mining Pool:
http://xmrl.pool.nowss.org/

whitepaper soon.
42  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 14, 2017, 12:31:14 AM
11 days left for the release of the wallets so that everyone can start mining.

Monero Lite Team.
43  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 13, 2017, 07:48:38 PM
hi dev
i want partitical. pls send me 1 wallet
thanks
please, contact us by PM.

At the moment, the Anticipated Mining Campaign is in effect, The mining will be open to all from October 24.

Thanks.
44  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 13, 2017, 07:40:10 PM
signed up for the private mining
Contact us by PM.

Thanks.

Already did waiting on Private links to download wallet and miner so I can get started on this pre-mine free coin
At the moment, can only do the mining who participate in the Antecipate Miining Campaign, we will use the amount collected to list Monero Lite in a exchange, so the campaign is important.

Yes I will participate in the mining campaign for a total for a total of $0

Respect this, if you do not want to participate in the campaign, wait until October 24.

Study more about blockchain, the term pre-mining is when a dev builds and compiles a crypto-coin with a bounty of block genesis, in this block genesis contains millions of coins and only dev does the mining until this block is mined, while the dev holds the wallets and daemon so that only he does the mining, but I repeat, we did not do this for the Monero Lite, this project has 0% pre-mining.
45  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 12, 2017, 08:52:52 PM
signed up for the private mining
Contact us by PM.

Thanks.

Already did waiting on Private links to download wallet and miner so I can get started on this pre-mine free coin
At the moment, can only do the mining who participate in the Antecipate Miining Campaign, we will use the amount collected to list Monero Lite in a exchange, so the campaign is important.
46  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 12, 2017, 07:11:26 PM
signed up for the private mining
Contact us by PM.

Thanks.
47  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 12, 2017, 06:08:15 PM
Very interesting project. Good luck dev
Thanks for the support  Smiley
48  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 11, 2017, 09:00:30 PM
Sounds interesting. I will wait for the public mining phase.
Thanks for the support, everyone will be welcome to start mining on October 24th.
49  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 11, 2017, 08:33:03 PM
Can someone enlightenment me if I am missing something!!

I used the earnings calculator on the pool

http://xmrl.pool.nowss.org

I have checked when no miners were connected, it said I can earn 90,000 coins per day with my 4kh/s mining hash rate.

I was probably the 1st or 2 miner connected, then it was saying something around 85,000. No one connected for about 45 minutes, then another miner connected the profitability has gone down to 70,000 something.

I went to bed and I woke up after 7 hours of mining I see is 8 miners connected total hash rate is 120kh/s or something.

The best part is I have mined only 68 coins for 7 hours!!!!!!!

From the prediction and my calculation when it said 90,000 coins per day, I should have at least (90,000/24) got around 2500 with my hash rate for 50 mins of solo mining (no miner connected except me). But why I am only seeing just 68 coins only mined for my address.

Can someone please explain if my assumptions are wrong or I got scammed.

90,000 are 90 not 90.000

0.1426 XMRL per block

u have 68 XMRL... this is like 500 solo mining block... u are rich... or not

Thanks for your reply, now it is showing as for 4KH/s I can get 9.88 XMRL/day (showed 90,000.0 XMRL/day yesterday).

From your saying i get only 1 coin per day?? (I know the difference between ',' and '.' ; as Europeans use ',' for '.'   that is definitely not the case here)

Hope OP will answer my question.
We can not give you an estimate, but you take as a basis the calculations of the mining power that is available in the mining pool.

remembering that as the difficulty increases, but it will be difficult to mine a coin (but not impossible), but it is still good for mining, the difficulty is low to moderate, when mining is open to all, the difficulty will rise abruptly.

but yes, what was said by the other member is correct, it is 90 coins instead of 90,000
50  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 11, 2017, 06:24:49 PM
Interesting project. Will be waiting.
Thanks for the support  Smiley
51  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 11, 2017, 06:18:40 PM
What do mean by Anticipated Mining Campaign? What if I invest some ETH in it what will be the current advantage?
Participating in the campaign, you will do the mining with moderate difficulty and you will get some coins easily, without the campaign, the mining difficulty will be high and you will be slow to get a coin, so it is good to participate in the campaign, doing this you will be helping XMRL to be listed in a future exchange.
52  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 11, 2017, 06:11:20 PM
how can i get address to mine to?
Please contact us by PM, that we inform you how you can participate in the antecipate mining campaign.
53  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 11, 2017, 05:09:20 AM
News

Stay informed about the news of Monero Lite.

Follow us on twitter:
https://twitter.com/MoneroLite
54  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 10, 2017, 11:35:56 PM
Do not support this.

1) Ripping off someone's idea is bad form. https://bitcointalk.org/index.php?topic=2237716.0 is the original idea, and it has no pre-mine of any kind.  He has copied this almost word for word.
2) This is a seedy way to do an ICO, especially when he wrote "No ICO".  If you support this, this model will grow as more cash-grabbers with no dev ability make clones and offer paid pre-mines.

A cash-grab dev without original ideas is not going to support you long term


EDIT: It's the same dev so the idea is not a rip-off, but that's almost worse.  Dev smelled cash and went for it.
It has been explained here why the campaign.

It is not ICO because we are not selling coins, the campaign is for fundraising for the project, later we will use to pay an exchange to list XMRL.

Do you really think I'm after money? at the moment am I spending more money than earning, or do you think it is simple to develop and compile a new crypto-currency? compile wallets? to develop a website? list it on an exchange? convenser daily new people to join us? definitely this branch is not for easy money as some think  Wink.
55  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 10, 2017, 11:27:58 PM
Very interesting, is it compatible with GPU rigs?
When payment for pre-mining?
Yes, it is fully compatible with GPU Rigs.

Do not consider a pre-mining, the campaign is made to fund the project, this because the exchanges require a cash amount to list new crypto-currencies, so the devs decided in group to open this campaign to raise funds to later pay an exchange to list XMRL.

Thanks  Wink.
56  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 10, 2017, 11:20:27 PM
I do not see any statistics. I got the wallet number. It's him, am I right?  TmGyfftmvmsPm1iY5FT4BmXoyPv23pZbaWqHYD57DCKXCGpmfE5kNKj3hJ
mXikez2mBXqdRZTFkEZAzAtwfAF3jz1q7P67mv6
yes, the address is correct, now just start mining.

enjoy it.  Smiley
57  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 10, 2017, 11:09:51 PM
I can not understand whats the difference between XMRL and XMR? I expected to see comparison and whitepaper, but there's nothing of it.
Wait, project is new, we are still structuring ourselves, we are working on the basics that is essential for crypto-currency.
58  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 10, 2017, 11:03:24 PM
I do appreciate that you are getting so many PM's, hope you respond to mine soon so that I can go to bed LOL  Grin Grin Grin
Sorry for the delay, the demand is great, but we already sent a PM with the link so you can download of your wallet and start mining.

Thanks for participating in the campaign.
59  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 10, 2017, 10:47:50 PM
•No Pre-Mining ?
Blockchain Height: 4579
we were running tests on the network, we get only 150 coins that will be to finance the project. (common mining)

What is the block reward? 150 coins per block?
currently the reward for finding a block is 0.141600 XMRL.

the tendency is that it is more difficult to find a block if compared to Monero, so we are confident that it can be worth more than the monero itself, obviously if there is a public adherence to the project.

Here are the problems.  I'm trying to give you honest feedback, not FUD.  This is why you feel like a bad project:

1) You admit to a 4000+ block pre-mine, but you insist on leaving "No Pre-Mining" in your ANN.  This is dishonest.  What does it matter whether you got the coins from the genesis block or from mining yourself? Does that affect the economics of the coin AT ALL?  No.

2) You claim "No ICO", but you are collecting money in return for early access to coins.  Even if the early access is mining-based, not a token distribution, this is still an ICO.  Does the fact that you are selling rights to mine instead of coins themselves affect the economics AT ALL?  no.

3) You keep treating the number of coins as a relevant unit of measure.  The number of coins does not define the value of a project.  If you think less coins = more value, why not just make a project with one coin?  Then as long as you have $90 invested, boom, you are priced higher than Monero.  The reason this is stupid is that value is defined by MARKET CAP, not PRICE.  So you can make your block reward as small as you want, but your PROJECT is what needs high value, not individual coins.  You seem to fail to understand this with your pre-mine too.  The level of pre-mine is defined by how many blocks it is, not how many coins it is.  Otherwise, you could make the block reward 0.00000001, pre-mine 100 MILLION blocks, and then say "we only pre-mined one coin".  Do you see how stupid it is to think in terms of # of coins, and not in terms of # of blocks and total supply?


Edit: In fact, you said it's harder to find a block than in Monero.  So you have pre-mined over 4000 of something that will be very hard for others to catch up to.

I already answered explaining the term pre-mining (look at the answers in this topic)

It is not an ICO, we are not selling currencies, but we are providing mining only to whoever finances the project (consider financing, or donating).

What I have said about the value of the currency, is an example, do not take it as something real, but yes, it may occur, it is recognized that coins with few units have higher appreciation, Monero Lite has an emission rate of 25, supply and demand can either value or devalue a crypto-currency, the less it has in the market and there is more demand, it will appreciate, a clear example of this was Zcash at the beginning.

Note that people may be suspicious of the project, it is normal because there are hundreds of new crypto-currencies and there have been many scams (eg adamcoin), but this project is different, we do not have pre-mining (block genesis extraction with millions of coins) , we are handing out the portfolios to those who are participating in the Antecipate Mining Campaign.
60  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NO ICO] Monero Lite (XMRL) - Anonymous Transactions, Secure and Fast. on: October 10, 2017, 10:21:00 PM
Very interesting project. Good luck guys
we appreciate the support, this is very important for the project  Smiley
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