Yeah, but it's safe to say the difficulty won't go down. If anything, in 2 years I think it will probably be somewhere like 5-10 times higher than it is now because in that time the next ASICs will come which will skyrocket the difficulty as they sykrocketed when the first wave came.

Difficulty chart: https://bitinfocharts.com/comparison/dash-difficulty.html

Buying Dash is probably much better - especially with the current prices all around - than getting involved with genesis.

I bought Monero hashrate and if we're looking at it in Bitcoin with XMR's current value then I'm at 32% towards returning my initial Bitcoin investmen in 11 months. Which I think is the more important metric to look at, but if we're looking at how much I've spent in USD compared to how much the XMR I got is worth, then I'm at 14%.

Wow, that's crazy. They want close to $100k per month for a single coin while they don't even process BTC or other withdrawals because they're vacationing. Parasites.

It says "Wallet not compilable...   " on C-CEX. They're on skeleton crew until the 31st so I wouldn't expect them fixing it before that.

I just got the email saying my account is locked.

They basically pulled a bittrex.

It's outrageous that they freeze funds until they accept verifications and doesn't let legacy users withdraw their funds.. I mean they are literally incentivized to decline verifications for whatever reason because that means they can steal your funds. That's a huge conflict that both bittrex and now polo abuses to scam users.

Thank you. From my initial tests, I earned roughly about 25% less coins staking zPIV as I did with PIV staking so the orphan rate (which I believe is around roughly 50%) seemed to be correct. But, my experience should not be taken as fact by any means because of variance.

I wonder, did the orphan issue with zPIV staking got fixed?

Nothing's good with Genesis.

Just got a single XMR payout 3 days ago after 2 months of nothing, even though I had payments every couple of days before. The way they handled the Monero fork is just another public display of scammy behaviour.

Yes and we thank you.

But I do believe discord is a poor choice as it's a hugbox/echochamber; the only people going there are the ones looking to talk about PIVX. No strangers just popping in and you can't really be very critical and argue about anything that's unpopular as you'll go against the tide and lose. I believe the main channel of communication should be a neutral source, like this forum. It's also a PITA to search for stuff on discord (very high noise to signal ratio) and the search function is pretty bad as well imo. But I also understand the majority of people doesn't share the same opinion as me.

Maybe meeting halfway would be good; as in having a bot that posts all the semi-important announcements to all channels.


On another note, staking zPIV results in about ~50-60% orphan rate so currently staking regular PIV is a better option profit-wise but collectively staking zPIV probably provides more information helping to find the cause.

What I do know for sure after testing that it's not a computational power bottleneck and I believe it's also not a network bottleneck.

Discord is considered garbage by many - which won't change.

For a coin like PIVX I don't think it would be too much to ask to have all the important details also broadcasted here - especially since the coin itself started here.

For example, knowing the block reward changes in advance would have been nice...

Other than that it was a nice and smooth upgrade, well done to the team.

It being closed source and the git removed, is that miner safe?

What exchange sites are those? I can only see stocks.exachange with a volume of ~4BTC - which is nothing.

But to be honest, telegram is shit and it doesn't matter in crypto, it's a hugbox only for people who love the project but you seldom can have critical discussions there (or on slack) without getting shit on by the masses. They're echochambers because nobody joins them randomly who is neutral or dislike the project - unlike here, where you can argue just about anything. Twitter also doesn't matter, when it comes to crypto it's just used for spam for pumpimg purposes.

Being heavily tied to a centralized service (telegram) the coin is also centralized in a sense.

And there's no block explorer (outside of telegram) which is required to have a coin listed - along with an exchange with open API.

CMC became much worse in many respect but I can see why they don't care about listing Bitsum.

They should, but they almost certainly won't.

They STILL can't even manage to have automated payments on time.

At this point I highly doubt they're even have/had GPUs mining XMR. But if they do, they'll definitely mine V7 for themselves and pay us as if they were mining non-monero cryptonight coins for us.

I'm glad I didn't invest much, and honestly, I had very low expectations but this is a joke. And genesis is supposed to be the best cloud mining service.

I liked these guys a lot in the past but now they're holding up my withdrawals.

Not rejected just pending for days. I canceled a transaction after 4 days of not going through (pending) and started another one two days ago and still nothing.

Their support - while active - is of no use, just giving me the copy paste nonsense.

Withdrawals should be prompt - automated or not.

Edit: received it.

It's disappointing that genesis instead of switching their supposed GPUs mining Monero to V7, decided to mine other V1 coins and trade them for XMR.

They should convert all XMR hashrate they sold to V7.

Its thread's locked, website empty, git cleaned out, no block explorer, etc.

The only thing I see is that it's still listed on yobit.

What happened to it?

The McAfee pump put Verge on the radar for many people and I think it will go even higher than it did once cryptos recover and the momentum continues.

That's quite a strawman you got there.

I haven't said anything about money, other than it gets thrown into shit projects that are much worse than older cryptos. Of course it's about money and greed for most people, especially for newbies - which is why it all devolved into pure gambling with ICOs.

Bitcoin is always growing and yes, the price can increase when new people are getting into it en masse but the rate of new people were always more or less of steady with some bumps and they weren't in the majority. But this time around with the massive climb too many newbies joined in who only see money and nothing else. That includes you. You started your account with shilling Golem tokens.

Thing is, ICOs are in no way better off with blockchain tech instead of some shit like Kickstarter. They're not trustless or transparent anyway like cryptos should be so they're just parasites.

But what's the point of going backwards in crypto and trusting 'devs' to spash around their explicitly worthless coins? I say 'devs' because anyone with basic knowledge can create their own, plug and play tokens and many people did just to scam others. Those coins and tokens are are not trustless because you have to trust the devs that they don't take all their coins and dump on the market, essentially ripping "investors" off, AND they'll live up to their promises. And these coins are also not transparent because they can give as much of the airdrops/bounties/etc. rewards to themselves as they want and no amount of white papers and excel spreadsheets will prove otherwise. Meanwhile, with trustless coins the blockchain is all that's needed.

The oldest coin - Bitcoin - doesn't suffer from any of these issues because it's a simple yet trustless and beautiful system and all the ICOs and tokens are downgrades from that. So why waste time and money with them? The only reason to do so is to try and get rich quick - aka. gambling - which also shows if either someone is just utterly stupid to understand why cryptos are great or they doesn't care.

If Bitcoin's price wouldn't skyrocketed as it did, and let's say it would be still around $1k, this whole greedy ICO nonsense would not be a thing.

The whole kickstarter/startup scheme is not just a cancer to legit cryptos, they are incompatible with crypto fundamentals but the massive influx of newbies who came here because they saw how much Bitcoin was worth and want to chase the goldrush that isn't there couldn't care less are actively giivng a bad name to cryptos.

The fact that so many companies and countries are more and more concerned about ICOs should give you an idea.


I might be too much of a purist, but I think no coin that had any premine, or it has a company or even public figures behind them should be taken seriously.


Bitcoin didn't have a premine, there's no company promising the stars behind it (that could be taken down anytime by the country they're registered in btw) and it only has Satoshi behind it, whom we still don't know much, if anything about. There's no public figure(s) with social and political views behind it and I strongly believe that's partly the reason why Bitcoin is where it's at.


All that money that got poured into ICOs are just dumb people gambling with them mostly getting ripped of. But it's not building anything, especially nothing that's better than Bitcoin.

No way.

As with anything involving money, you can only really earn as much as you invest into buying or mining. Airdops are free and so their price reflect that. Nobody is giving away fortunes for free.

And tokens are crap though; the 'devs' create them for absolutely free and they're just giving it to people (and themselves) without transparency or fairness and just trying to convince other people that it's actually worth something. Might as well just give people handfuls of dirt. That's not going to make anyone rich but themselves.