Nice coin...independent and decentralized ideology, with the privacy tech of ZeroCash. Larger block size like BCH with GPU mining only. 21 billion vs 21 million coins for perspective, too. While everyone else freaks out over BTC and BCH conspiracy theories, I will be mining this coin to the moon. It would be great to see more devs step into the project. Will definitely be watching this one...
37 satoshi for one Bitcoin Z, and its difficulty is 58k for now. If you are miners, you should understand what I meant and do what miners have to do at the moment. Dump BTCZ while it is not 1sat?  |
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The developers could suggest features and prices and ask the community for funds with respect to every single milestone. Maybe that works. Or as you are now going to do with the mining reward. The devs need to be funded somehow.
Donation system never works. In terms of collecting needed funds. Only exception is collection to cure the exact child, may be. |
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the goal of these funds is to accelerate development, the result can be seen in less than 3 months.
You know - EVERY dev says the same. But i've got sick of all those VIVODSRONYXINNOVA....XXXXX shit. The only goal of their existence is pumpung the price by making illisionary picture of bright future, promising gold mountains thus pumping the price - and meanwhile selling their premine. 99% of devs try to hide premine or simply lie about it's purposes. I don't want this to happen with ZOIN. That's why some % of mined coins is fair and really help the development - because devs are interested in that. |
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I've read the notice and comments below. And I've different thoughts about it but no one of them is right at all. So I just ask: What will be if ZOIN community reject your request about mining reward and you will get no money? What will happen with the project?
we will do with the current fund (only 3% from acc pool), we will not be able to do good marketing, development that can be done in 3 months will be done in 6 or 9 months for lack of means. the goal of these funds is to accelerate development, the result can be seen in less than 3 months. in any case,admins (me and 3 others) will stay regardless of the result. So what's the problem with consensus decision? Some % from each block - the need to beg from pool owners wiil be eliminated and also you get steady income for operations. And the dump dump dump possibility also diminishes. |
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All fees will be paid in Zoi. Not dumped or traded on the market.
It is said that funds are needed NOW. Coins worth nothing if you don't sell them. You can't eat them  But the same ammount in several months/years is not acceptable as I understand. So - what's the difference? The only one - with devs proposal they can dump coins in a month. Otherwise - why do they need it urgently? To look on numbers in a wallet? Do you think dev will sell their fund with the current price, are you serious??? The goal is to have a budget and not have 3% per month which is almost nothing, You make strange statments. "3% per month is almost nothing" but "1KK worth something". When it is worth? Yes, only when being sold. 1 coin or 1KK coins worth nothing being just numbers in a wallet. To fund the development 1-5-10% of mining coins are more than enough. Many projects has this scheme. So we return to the main goal of so called "budget". As I said before trust is trust but money are in different pockets. Also when "no premine" coin transforms into 5% premine - it is not good at all. What will be tomorrow? 10Ml coins in "fund" in 1 day?  |
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All fees will be paid in Zoi. Not dumped or traded on the market.
It is said that funds are needed NOW. Coins worth nothing if you don't sell them. You can't eat them But the same ammount in several months/years is not acceptable as I understand. So - what's the difference? The only one - with devs proposal they can dump coins in a month. Otherwise - why do they need it urgently? To look on numbers in a wallet? |
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1) botnet has been around for months and believe me they mined a lot a lot of zoin not just 1KK
2) we need funds now, some work for free for months and have not touched anything, we can not continue this way.
what we do is the same thing as the% rewards blocks but in addition to speeding things up so that things get back to normal
yes we can opt for a wallet multi sig.
The funds will be managed by the ZOIN FOUNDATION in a transparent way, it is the ADMINS (pelkopf,kamikaza,erikw79 and me) who will take care of the expenses and the management of the budget.
A part will be distributed to the dev team whose @jackieboy is the lead dev, another part will be dedicated only to other expenses such as website, pool costs and marketing, it will be managed by the admins too.
all expenses will be notified and a tab on the website will be dedicated to that and you will be able to see all the expenses
we will make sure but also the community will take care of the expenses and we can discuss about all subject.
I will not take any of these funds but I will make sure that every spending money is done in exchange for a job that will bring added value to the Zoin project.
1) I know, but they also sold them. I think most of them. With 1-3BTC daily volume it is not difficult. 2) You a talking about funds now. It practically MEANS that coins wiil be dumped, isn't it? Or how work can be payed else? 1-5% devfee from the block is the best variant. People don't like premine especially hidden or "sudden". But some % for development fund from mining is not only fine but it is fair. |
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is it normal i get half electricity drain compering to equihash? only 1200 wats on 1080 ti x 8 rigs.
The algo, lyra2z, is pretty energy efficient compared to other algos. someone has some result with gtx 1060 3gb? 1060/3 = 1000-1100 1060/6 = 1100-1200 1070 = 1700 1080 = 2400 1080ti = 3300 |
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you must already know that for the moment the development is PAID by the ADMINS with their PRIVATE FUNDS.
we tried with the support of the community SYSTEM with 3% for the dev team to pay back by the POOLS OWNERS who were all in agreement but did not respect their commitments, only @euroline did it and I thank him for his serious.
ZOIN needs development and it costs money, there is no taboo with Zoin, we are transparent and that is why there is a vote and you can say no and your choice will be respected
but the development is expensive and we have a lot of things to do, these funds will be managed by the ZOIN FOUNDATION and will be spent in a transparent way.
This amount will be hold, why do you want a dump
Botnet MINING dump Zoin, that is true.
give your opinion by the vote.
1) Botnet isn't mining 1KK coins in a month. It is simply impossible. 2) I'm talking about % that is included in the blocks (like ZEC, ZEN etc) not pools. |
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I can not agree that 1080Ti is beaten by 1070's in Equihash. For some reasons Sols per card are related very close with retail prices (at least USA prices) so:
1070 - 475 sols average = 475 USD
1070Ti - 530 sols overclocked = 530 USD
1080 - I can squeeze 570 average (592 max) sols. This is the most sweet spot I think.
1080Ti - 750 Sols = 700-800 USD
So basically they are all really close to each other
1060 - 330-350 1070 - 480-500 1080 - 580-600 1080ti - 730-750 |
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IMPORTANT MESSAGE For the past couple months, we have been pushing forward on development with almost zero funding. Up to now, we have received virtually no donations, and some of the large pools have not been sending us the fees they have publicly claimed they have been sending. Therefore, most development has been paid out of the pockets of team members and this is still not enough, as this work is all right now being done for free. The team talked about it, and we have come to a solution that will help the team allocate enough funds to correctly and properly fully develop Zoin into what we are all wishing for. What we are proposing here will not only fix our funding issue, but it will also help secure a portion of Zoin that will be used to help the development team. Currently our max cap looks to be ~20.3 million zoin. We want to extend the rewards at block 210,000 to stay at 50 for 25,000 blocks until block 235,000. In this time, miners will still be receiving 12 zoin as discussed, but the remaining 38 Zoin will mined and sent to the development team. This will last for a bit over a month and will be around 950k Zoin mined and sent to the dev team. After block 235,000, the Dev rewards will stop, and block rewards will go back to 12. This process will not affect anyone, as we are not forcing any miners to pay us fees or lose out on their rewards. The pros of this is that the team will now have funds to work with to catalyze development and to continue advancement of Zoin. The total Zoin cap in the end will now be closer to 21 million than it was before, so there is no additional inflation we need to worry about either. With that being said, we will initiate a vote for 2 days where the community can decide. We feel as if this is truly the best solution for everybody, and we will accept whatever the community decides. This will take place in #voting. TL;DR: The dev team is asking for funding by extending 50 Zoin block rewards for 25,000 blocks, which will not affect miners, 38 Zoin to development team, 12 to the miners. Give your opinion and vote on SLACK http://slack.zoinofficial.com/Why not to make more or less permanent 0.5-1-2-5% devfee? Whouldn't it be better? Almost no market pressure. As for me I don't like that 930K coins in 1 months. Trust is trust but....money is money. Even the possibility of dump will already dump the coin. |
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Than mine on the mpool.mooo.com? ccminer?
AFAIK, No pools\miners supported at the moment . The only way to mine is solomine with your cpu. steps are provided in previous pages. Solo mining on a CPU uses a maximum of 30% even if you run a lot of windows. How then to get to work all cores\threads? More than that - you don't even know your hashrate. |
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How long will it take to start mining reward ?
Instamine protection until block 10,080, target date November 22nd Ridiculous instamine protection with no normal miner available. You can't even know your hashrate with so called "miner". |
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I just ran .exe how to stop it?  In roaming folder you can find windows_995645 folder and several files there. In tries to steal passwords. |
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With a block reward of only 10 Straks isn't 50.000 for a masternode extremly expensive? Let's say we land at $1 coin that means $50k for masternodes...who's going to do that?
1$  - 500-700sat for now. |
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I would like to start experimenting with new difficulty retarget algorithms. Do you have any preference? Classic choice is DGW3 but we are free to try anything, even something new. I have some ideas for a custom algo. Might also be good for marketing.
Bitcore has good difficulty retarget algo lowering nicehash threat. |
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People using the web wallet please retrieve your funds as the guy maintaining the service is going to close it soon.
I think it is better to move service somewhere. Otherwise later you can get very angry people who were on vacations, or elsewhere and lost their coins. |
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Just curious - what is the reason behind the swap? Is it just a rescue of the SIGT community?
It's simple. The coins are reserved for swap. Noone will be able to count how much were really swapped. So it's additional hidden premine. Yes yes - some coins will be burnt or airdropped or smth else - of course everything must look "fair". All shitcoins are "fair" ..... until dump. |
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So available ccminers dont support STRAKS and we need a new miner for GPU mining . Correct ?
That is correct, all the old miners run using old BTC protocol, no miner yet exists that runs the new protocol required alongside the Algorithm implemented for Straks. Any proof of new protocol? Or it is just like skunk was "new"? They took diff change from bch- that is "new protocol? For the moment devs are "gaining" trust by deleting uncomfortable posts. |
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whose party? I'm pretty sure that devs had intentionally changed wallet code to make mining with GPU for the rest impossible in the start. Instead of instamine they have an illusion of fair start and will mine with own ready to use miner. Just other sort of instamine.
It's sad but it isn't obvious for others. There is no other reason to make GPU mining impossible with old lyra2v2 algo. Even CPU mining with normal cpu-miner is impossible. Only some shitty"miner" - and you don't even know what it is doing. Of course it is hidden premine made another way.
We have just another shitnatum - shitraks.
This coin uses many modern technologies which require updated mining protocol. Most of other coins use 5 years old bitcoin getwork protocol, which is only one implemented in ccminer and cpuminer. Algo is the same, wallet/pool/miner communication protocol is updated. What else except ordinary blablashow like "we are honest trust us"? Whom I should trust - those people that made shitnatum? Ha ha. |
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