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Anyone have any speculations on pricing once trading begins?
A dump to 500-ish then a slow climb into 1500ish range in the first two weeks. Then a pump/dump and leveling aaround 2000's, from there it depends on development. I was thinking more along the lines of: a dump would happen earlier in the 300s range, climb to maybe higher 7 or 8 hundreds, then drop sharply. I don't know, haha, maybe you're just more optimistic than I am. |
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Right that since transacting in BTC is anonymous, it can be used by the bad guys on its maximum.  Well, it's considered to be *pretty* anonymous. Given some work, and enough people, it's still quite possible to trace a transaction back (even if you use multiple addresses). Blockchain sleuthing is something one of my friend likes to do in his spare time, actually o_o |
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Yes it would be interesting to know how those figures are calculated but it won't change the fact that there is no sure-fire way to predict the profitability of a profit-switching pool like clevermining or Wafflepool. If I could, I would be a rich man!
Sites like poolpicker.eu based their data on past days performance. With Wafflepool and Clevemining you can see the partial data for today but really the hourly numbers go up and down so much that it is hard to predict where you will end up. i.e. Clevermining is doing 0.0006 BTC/MH today for the first 14 hours so you decide to switch to them - but they end up only doing 0.0005 for the rest of the day so that is what you would get paid. Nicehash is really the only one but even with them if puts in or pull a large orders, or if a bunch of miners jump onto the pool, your current payout could change very quickly.
It is pretty much a guessing game - although nicehash has been the most consistent for me and it generally the safest bet.
I've had pretty good experiences with Wafflepool, but hey -- it's ultimately their choice to show you what they want, or else profit-switching pools would be every pool. |
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I'm on the 12.12 ANT firmware with the mineninja build and it's working fine. I've read the API is broken on the cgminer version that's included in the later ANT firmware, but can't confirm.    Dial changes in /var/www/anubis/index.php  ssh into the S1 and add your anubis IP the following line in /etc/config/cgminer option api_allow 'W:127.0.0.1,W:192.168.2.22'
restart the S1 Oh my lord, that's a nice interface to look at. Beats a console by LEAGUES. |
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I agree x-11 is my favorite algo too.  Awesome  Hey, PM me if you're on Reddit (@luxkore), as I'd like to talk more there if you're down to -- I just am more comfy using RES than this forum, which feels a little clunky (and personally, a bit annoying cause the 6 minutes limit). I'm not exactly a newbie to crypto, just finally decided to get an account and start commenting (not just lurking now) Look forward to speaking with a fellow enthusiast of X11  |
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For SoundCloud, are these active followers that will like and repost your tracks, or just shell accounts? I've tried services that just give followers that are super-inactive or are obviously fake (like stock photos for profile pics, etc). Just curious  |
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what is the actual benefit of these titles?
The intent is that you should be able to judge how "regular" a forum member is based on their activity. The unfortunate side effect is that the quality of the posts on the forum decreases, since many members post garbage in order to score "points" (activity) towards their account. There is even a small market for accounts with activity (probably to perpetuate a scam). I sometimes find myself posting for the sake of posting. Humans love little achievements, after all. At least I try to stick to off-topic. That precisely is why the activity system matters. It should encourage participation, but I feel lurking should also be counted -- just to a lesser degree. Otherwise, those who simply like to read more than they like to write are penalized over time. |
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The multi-vPoW solution involves adjusting block rewards based on which algorithm finds the block. With Myriad as a parent multi-PoW, the child coin can become a multi-PoW (if it isn’t already) that selects a few algorithms that are merged-mined by parent Myriad algorithms and an algorithm(s) that is not merge-mined (creating a degree of overlap).
Wait, what exactly is the purpose to have the overlap? Sorry, some of this is confusing me a bit -- if you could just elaborate on how making the child multi-PoW plays into the overlap. |
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That being said, does Cryptsy have a salt-based solvency proof?
What is a salt based solvency proof? Did you just make that term up on the fly? Cryptsy is solvent. They have employees running to and from 3 different banks all day getting funds out and in to cold storage. I've seen proof. pictures or it didn't happen.. and hey who is doing this when BitJohn is spending months in Iraq fighting towel heads with the army ? I know he has said he has been deployed lots and disappeared at the same time for many months at a time. And i also recall hearing about how this or that guy has no access to things.. hmmmm conspiracy ? why is it that BigVern is the most quiet guy around ? Your more likely to hear from Satoshi himself LOL Are they solvent ? in reality i have no way to know for sure. my instinct tells me yes they are (i am defending them) and when Gox went down they posted a blog story on the Cryptsy Blog (i can't find it last time i looked) That went on to explain a *little about how they operate in comparison to how BitJohn perceived Gox was operating. End of the day though i have no clue either way.. i have always taken their word for it. But their word has meant less and less to me over time. You just can't have all the *older staff wrapped up in bullshit so much and not get suspicious. I've gone to great lengths to explain in incredible detail story after story showcasing their crap stunts so if your dumb then drown.. I'm done caring really. this is Gox all over again.. the place pulls stupid stunt after stunt with it's customers while cheerleaders defend them.. just like Gox ! Like that guy said earlier, though -- this is a great opportunity to right a wrong, and subsequently gain a lot of people's trust. I knew a coin dev that fucked up his launch due to an unpatched bug that some linux users patched on their own (and thus got a head start on mining). However, upon fixing everything and having the privileged miners donate to those who missed out, things played out well. All I'm saying is, give it some time and things may turn out better than expected |
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I am mining heavycoin which uses hefty1 algorithm although is not fpga proof, it looks like it create stalls so fpgas can't be more efficient than gpus. Asics (for hefty1, x11, x13 etc) will probably be faster but there is a ROI question for end user. We will see how it will go with existing scrypt asics.
This ^ Even though scrypt ASICs might seem daunting now, the overall question that matters most is if ROI can happen. And right now, they're basically glorified GPU farms that are packed into smaller spaces, and consume less power. Definitely not like Bitcoin ASICs, which just turned everything on its head. So a new coin that is scrypt wont make it? I find it hard to believe. I've seen a few launch recently and they still are going.
It's not that they won't make it... It is just that it is very difficult for a new coin to launch with scrypt. Litecoin has so much hashing power, that someone could stop mining LTC for a day at very little lost revenue, and overwhelm the network of another coin, either 51%-ing it, double-spending, or flat out running it into the ground. As a result, a lot of scrypt coins have moved toward alternatives... AuxPOW, PoS, X11, etc... in an effort to stay out of danger. No known asics for x-11 x-13 x-15, and so on there are some for scrypt and scrypt-n. If a coin is say scrypt like litecoin and don't want asics mining they can fork and switch to another algo. Rented hash can be a bigger issue than asics in my opinion. Instead of buying a machine you can rent even more hash power for the time you want.
I'm not very knowledgeable with the x11/x13/etc, but why is that? Could there be one developed for them soon? There's nothing to prevent them... they are just newer algos that ASIC manufacturers haven't had time to develop for yet. Time is one factor, definitely, but another aspect to consider is how profitable ASIC manufacturers think the coin is. If there's only a few, and are fairly unknown, there's no incentive to push forward. After all, custom hardware ain't cheap. some algos may never get asics. Some just are not used enough to justify making asics.
Well, it all depends how many people decide to jump on the ASIC-resistance bandwagon. If it becomes a popular idea, someone funds development of an ASIC. Case in point: scrypt. Was never meant to be truly ASIC-proof, and things like scrypt-jane and scrypt-N knock out current mining techniques (like GPU mining) over time. Some argue that with the advent of cheaper hardware, ASIC development will be around the same speed as GPU clock speed increases, so overall there won't be an issue as long as you stay one step ahead -- that's why X11 is my favorite right now |
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