I'm back to MUE. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Great to have you back. If you want to pool mine, we have a couple of pools now listed in the announcement thread, can provide further details on how to do it for Windows users if you need (will be updating the FAQ with a 'how to' as well www.MonetaryUnit.org/FAQ ).
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MUE pool don't work
Can you try by IP please 178.62.4.50 There was an error in the DNS record which has been updated. It may take up to 24 hours for this to propagate across the network. In the mean time, anyone wanting to use the pool please use by IP 178.62.4.50
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MUE pool don't work
Can you try by IP please 178.62.4.50
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I've had all my computers 1-thread mining this coin since launch. I really like the anti-profit concept and would be interested to see it on an exchange.
and thank you for the continued support. 1 thread mining for everyone would be so perfect for the long term success of MonetaryUnit, though I understand most will likely mine at their peak rate for best returns, which is fair enough. And hoorah for that! I was mining Phoenixcoin for a wee bit there until I looked into this huge spike they had in their hash-rate. Seems someone jumped in and mined Five Million coins in a couple of days. Of what use is a fair algo if someone can come in and steam-roll you with 1000+ rented cores? The whole concept of cryptocurrency relies on it being distributed. This isn't "redistribution of wealth", it's leveling the playing field. The whole philosophy of this coin is that the hashrate should come from lots of individuals, all contributing drip fed resources, which combined are significant. This is a while off, and that is in no small part to being a little "under the radar" as we have not implemented the standard model of "pump and dump" coin launch promotion techniques. Healthy organic growth with some additional resources (FaceBook/Twitter etc) should do the job, hopefully.
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Is this coin dead? How many months since launch? still no exchange. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) no exchange big premine(not shared premine address) no promotion same like most altcoins its dead Just look at the long list of hyped, highly promoted coin launches, on exchanges immediately, pumped...and then the big dump and walk away. If MonetaryUnit isn't fitting that mould and disappointing you, then good. This isn't a 3 month project, looking a lot further ahead than that. If you don't "get" this coin, that's fine, it's not going to appeal to everyone, in fact, it probably won't appeal to most on here, but history shows that most of the coins that do, usually end up on the same pile after a few months, save the true minority of coins that actually show some longevity. please put the premine address next to the block explorer on the OP ,so that we could check it any time.
Fair point, done.
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MUE pool don't work
Can you let me know what errors (if any) you are getting? Thanks
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Block reward now 4 MUE per block (every 40 seconds). Each "tranche" lasts about 18.5 days, and is based on the below release schedule.
0.025 MUE reward for first 40,000 blocks (54 MUE/day) 1 MUE reward for next 40,000 blocks (2160 MUE/day) 2 MUE reward for next 40,000 blocks (4320 MUE/day) 4 MUE reward for next 40,000 blocks (8640 MUE/day) 8 MUE reward for next 40,000 blocks (17280 MUE/day) 10 MUE reward for next 40,000 blocks (21600 MUE/day) 20 MUE reward for next 40,000 blocks (43200 MUE/day) 30 MUE reward for next 40,000 blocks (64800 MUE/day) 40 MUE reward thereafter (86400 coins per day)
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Ironic name is ironic?
I guess there is a joke there somewhere, but I'm too tired to notice it..might need some help.... It's funnier this way. Only to you. Your wit would be more useful in being channelled to constructive discussion, I'm sure you could offer a lot of insight actually (and no, I am not being sarcastic).
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Block explorer is fine, must be a local issue your end.
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Dev,algorithm quark?
Yep Ironic name is ironic?
I guess there is a joke there somewhere, but I'm too tired to notice it..might need some help.... @Dev, 40,000,000 MUE pre-mine (2160 MUE/day) Are you kidding us? Plz publish your premined address ! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Otherwise ,this is absolutely a standard scam Well that's fair enough, I hadn't thought of doing it before and I think that is a reasonable and sane request 7S2bFvk5opJthEYtQd23GswtnBMqe8fVc6 Please also, do take the time to read the FAQ which I have lovingly put together. If anything needs adding let me know. http://www.monetaryunit.org/faq/Block explorer is down,I can't check the balance of this address --7S2bFvk5opJthEYtQd23GswtnBMqe8fVc6. BTW: Could you please put the address on the OP? info transparency is of great significance for buiding trust. Block explorer is up and active and working. www.muechain.infoAs for transparency the ANN clearly states the pre mine and I have provided the pre mine address. That's being pretty transparent.
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Dev,algorithm quark?
Yep Ironic name is ironic?
I guess there is a joke there somewhere, but I'm too tired to notice it..might need some help.... @Dev, 40,000,000 MUE pre-mine (2160 MUE/day) Are you kidding us? Plz publish your premined address ! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Otherwise ,this is absolutely a standard scam Well that's fair enough, I hadn't thought of doing it before and I think that is a reasonable and sane request 7S2bFvk5opJthEYtQd23GswtnBMqe8fVc6 Please also, do take the time to read the FAQ which I have lovingly put together. If anything needs adding let me know. http://www.monetaryunit.org/faq/
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I like the ideology behind this coin and that it can be mined directly from the wallet But I dont like the unlimited supply angle behind it. That really has no place in Cryptos imho. Virtually unlimited coin supply (1 quadrillion cap) But I wish the dev and the community all the best for this coin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thanks for taking the time to look at our ANN and feedback. Do you know what Marmite is? (or perhaps Vegemite)? Well, I think MonetaryUnit is the crypto equivalent of Marmite..i.e you will love it or hate it... In many ways I wanted MUE to be a sort of distorted reflection of fiat, which, has done rather well in terms of adoption....and I think for adoption, people will need to feel some sort of familiarity with their good old trusty notes...i.e inflation, liquidity, availability etc I'll perhaps update the FAQ with regards to cap http://www.monetaryunit.org/faq/I have updated the FAQ to reflect the philosphy with regards to the coin supply (point 14.) good to see ur back, stil pow ? Thank you, good to be back. Yep, still POW, but not much work required ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Plenty of block availability, low difficulty, and plenty of services on the way imminently. You can quickly check difficulty at our block explorer http://www.MUEchain.info/. We are about to hit block 120,000, so the block reward will be doubling again to 4 MUE per block in just over 8 hours.
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I like the ideology behind this coin and that it can be mined directly from the wallet But I dont like the unlimited supply angle behind it. That really has no place in Cryptos imho. Virtually unlimited coin supply (1 quadrillion cap) But I wish the dev and the community all the best for this coin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thanks for taking the time to look at our ANN and feedback. Do you know what Marmite is? (or perhaps Vegemite)? Well, I think MonetaryUnit is the crypto equivalent of Marmite..i.e you will love it or hate it... In many ways I wanted MUE to be a sort of distorted reflection of fiat, which, has done rather well in terms of adoption....and I think for adoption, people will need to feel some sort of familiarity with their good old trusty notes...i.e inflation, liquidity, availability etc I'll perhaps update the FAQ with regards to cap http://www.monetaryunit.org/faq/I have updated the FAQ to reflect the philosphy with regards to the coin supply (point 14.)
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Is there any alt-coin that is worth mining without a rig or a strong pc?
A bit of self promotion here. MonetaryUnit is Quark based (i.e CPU mineable) currently with a very low difficulty, so plenty of opportunity to mine blocks. I use a single thread of my home PC to mine at idle speed (and serve the network). Granted, the coin is not yet listed on any exchange, however there are plenty of services in the pipeline, including adding to an exchange in the future, and you would certainly be welcome . Please have a look at the ANN and see if this is something that may appeal to you. https://bitcointalk.org/index.php?topic=778322.msg8773507
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Thanks for the intelligent discussion ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Please read the FAQ http://www.MonetaryUnit.org/faq/Nearly 1 million MonetaryUnit has already been used for services, promotions and give-aways with much more significant services planned in the short term. If you want to add to discussion please do, but what you have provided does little for anyone, and only implies you haven't taken the time to read the ANN, read the FAQ and get a bigger picture of what we are offering.
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2 months has passed,still no exchange?
Just out of interest how would you go about doing a coin launch?
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MUE, glad to see you back again.! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Thanks for the support, we definitely are very happy to be back in the BitcoinTalk community ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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How we can use pool mining?
You will need to set up mining software. This is for advanced users so we can't support it. We have as you may have noticed set up a mining pool (details in the ANN) for those users wanting to take advantage of using an approved pool. You "might" be able to get Quark mining software running for MUE, as it is based on Quark....I used this link quite some time ago for mining Quark and it seemed to work, though I cannot approve or verify the software http://www.quarkcoins.com/mining-quarkcoin.html
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Only few miners, I think the main issue is unlimited coins 40 000 000 coins would be enough but then you have to relaunch. Anyway, you should do something about it quicly.
Hi, thanks for taking the time to feedback. I do understand what you are saying, and clearly you'ré not alone in that thinking. OK, this is how I view it. MonetaryUnit will, should it succeed in the long term, be a low per unit fiat valued crypto. As such, I don't see why (other than micro payments and fees) it would really need to be spent in non whole numbers. Now, Bitcoin, for example, let's say it does hit $10,000/BTC in the next 3 years (not out of the realms of possibility at all), and you wanted to say send someone some dust, you have to start counting fingers and toes to make sure you haven't missed a decimal place etc (overly simplified I know!). So, as BTC can be split into up to 8 decimal places (at the moment) and it is quite possible it will have a very high per unit fiat value in the short to medium term (maybe even £1M at some point), you could argue that the 21 million cap of BTC, could actually be viewed as 21,000,000 x 100,000,000 = whatever that big number is ?? 2,100,000,000,000,000 and 1,000,000,000,000,000 is the MonetaryUnit cap The whole psychology that there is only going to be 21M BTC is I think a little bit of PR & marketing spin. Granted, MUE CAN be split into much smaller pieces, but I don't see much reason why it would be as it should keep a nice low value to allow for liquidity and spending etc and not holding. I think this makes sense having read it back to myself. So, yes, although on the face of it 1 quadrillion MUE is a rather large number, hopefully with regards to it's intended use, it actually is a lower cap than BTC will be! OMG bro your back happy days !! Good to be back to get the involvement of the BitcoinTalk community ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It's still very early days for MonetaryUnit, so all support is appreciated!
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Only few miners, I think the main issue is unlimited coins 40 000 000 coins would be enough but then you have to relaunch. Anyway, you should do something about it quicly.
Hi, thanks for taking the time to feedback. I do understand what you are saying, and clearly you'ré not alone in that thinking. OK, this is how I view it. MonetaryUnit will, should it succeed in the long term, be a low per unit fiat valued crypto. As such, I don't see why (other than micro payments and fees) it would really need to be spent in non whole numbers. Now, Bitcoin, for example, let's say it does hit $10,000/BTC in the next 3 years (not out of the realms of possibility at all), and you wanted to say send someone some dust, you have to start counting fingers and toes to make sure you haven't missed a decimal place etc (overly simplified I know!). So, as BTC can be split into up to 8 decimal places (at the moment) and it is quite possible it will have a very high per unit fiat value in the short to medium term (maybe even £1M at some point), you could argue that the 21 million cap of BTC, could actually be viewed as 21,000,000 x 100,000,000 = whatever that big number is ?? 2,100,000,000,000,000 and 1,000,000,000,000,000 is the MonetaryUnit cap The whole psychology that there is only going to be 21M BTC is I think a little bit of PR & marketing spin. Granted, MUE CAN be split into much smaller pieces, but I don't see much reason why it would be as it should keep a nice low value to allow for liquidity and spending etc and not holding. I think this makes sense having read it back to myself. So, yes, although on the face of it 1 quadrillion MUE is a rather large number, hopefully with regards to it's intended use, it actually is a lower cap than BTC will be!
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