I think the real question is, can you get the stakeholders to distribute more coins?
If more coins to be distributed (especially from the so far idle accounts) in the next few days, weeks, then I think you should wait a bit with the exchange. If not, and there is no communication between the stakeholders, (or some simply not willing), then there is nothing really to wait for, launch the exchange.
IMHO.

Everyone who complains that they can't mine without coin. Consider this: You can't mine any other coin without investing a lot of money into hardware. With PoS instead of hardware you have to buy coin to mine. I'm pretty sure this is a better deal (in theory at least, we'll see in the long run).

I've been wondering about this for a while now. I think this is one of the problems than needs to be addressed soon, if not in implementation, in theory at least.

The option to handing over large amount of currency to a person who runs a pool is not realistic, safe, or efficient. (However it's interesting in case of exchanges and such, because they can make profit with your coins, so fees should be lower.)

The best solution would be if there would be a pool mining (proofing?) mechanism integrated into Nxt itself. A way to sign over the mining rights of coins to a collective while maintaining ownership over the coins.

Guys, what are your long term plans for Nxt? I understand that it is early in the life of Nxt, but some of the attitudes confuse me.

- The very real problem of a possible brute force attack to access accounts was shrugged of more than once now. The anwser basically was, use longer passphrase. This will work (maybe) if you want a few hundred geeks to use Nxt. In the "mainstream" you can never, ever trust the user to be smart.

- The integraded exchange and stuff will be good to have, but some point an effort has to be made with the API so major exchanges can potentially add Nxt. People don't like to use 5 different exchanges. If they have money on Btc-e, they will mainly buy and sell there. This is not an urgent problem, but needs to be addressed at some point.

- Java, localhost, interface look. Again, if you want Nxt to be successful, it can not remain this. An avarage user will not stand for it.

- We have to make more of an effort to explane Proof-of-Stake, and mining in Nxt. We need a catchy phrase for it, a standard reply. like: "In Nxt your coin is your mining equipment. Buy coin!"
It encourages coin distributon, transactions, and explains mining, and the point of PoS. Don't invest in hardware, invest in the coin.

If you know all this and have plans that brings this coin to the big league, then never mind me.
But it would be nice to know, what is the goal? Making a good coin, or making a good _and_ successful coin?

Thanks for reading.

PDgAkLESd3qnyy9PjwVSXmn9zeAGnxzfB7

Thank.

So, I visited my old friend shift+reload, and...feel like an idiot.

I'm running 0.93. Just tried to upgrade to 0.95, and it seems to work, but after restart the web interface still says that the current firmware revision is 0.93. I tried to upgrade (downgrade) to other versions but it's the same.

It is possible that the upgrade was successful and the web interface displays the wrong version number? Is there a way to check firmware version through ssh?

It's interesting. With 0.93 in the first 12 hours there were a few cgminer restarts, the av hashrate were 495 Gh/s, with high HW errors.
After about a day, hash rate climbed to 506 Gh/s and stayed there for 24 hours, not a single cgminer restart. The HW errors dropped too.

Just upgraded to 0.94 45 minutes ago, speed now is 473 Gh/s and climbing slowly. We'll see what happens in a day.

It would be better to make a topic here, KnCMiner forum is unstable. I can't even register. Here are mine:

    Miner Type: Jupiter
    CGMiner Hash Rate (average): 495 Gh/s
    CGMiner HW Error %: 17.2%
    Firmware Version: 0.93
    Uptime: 16 Hours
    Case: On


CGMiner crashes once in an hour or two. At the pool the speed is only 450.80 GH/s, with 95.37% accepted shares.
I played with some extra ventilation not really helped the performance.

Just got my Jupiter 90 minutes ago. (15 minutes after I sent KnC a letter requesting compensation or refund. I didn't know it was shipped, didn't get email from UPS.)

I'm really exited that it's hashing, but on the other hand I'm still not happy, that I got it just today. I was #30 on the pre-order queue.

Anyway, still playing with the miner, so far it's hashing at an avarage of 485 Gh/s. Should go higher, we'll see.
One of the case fans didn't work at delivery, I had to adjust the fan connector, but it's ok now.

Yeah, I'd like to know about that too. I need do but a wire or something.

I was doing so good, till today, but now I'm getting anxious. I changed my pickup order to delivery 2 weeks ago, I really hope they didn't forget to place the new order in the same place in the queue as promised. (I was #30 on the preorder list).

Bitcoinorama, you haven't happen to see a package heading to Hungary, did you?

Mine over matter.
Miner over matter.

That's interesting. They wanted to charge me $160. (I chose pickup.)

We got here from talking about hosting fees vs. self-hosting costs. For that I have to consider current exchange rates, (or rates at the time of hosting) and recalculate if that changes.
That is the reason I didn't include exchange rates in my calculations, when we started talking about difficulty level and profitability. In a real scenario of course that exchange rate is a factor as well.

In USD around 0.20.
Of course profit is minimal (cents) at 4 billion difficulty but still over the line.

Unless I messed up the numbers a Jupiter with 350 GH/s and 1000 W power consumption, should turn a profit until difficulty is over 4 Billion. While the extra profit of no electricity cost would be nice, I think I'm good for a while.

I'm interested about their hosting services. It'll depend on their price.

If the hosting price is better than paying for shipping, a PSU, and monthly electric cost, then I'll probably go for it. The deciding factor will be electricity. Swedish prices are higher, but maybe wholesale prices are available, I don't know.

So for now I picked Stockholm pickup, and pay for shipping later if I don't like the hosting offer. (And in the meanwhile really hope that this will be my biggest worry about this investment.)

All done, thanks everyone.

There were some unforeseen technical difficulties, the forum temporarily blocked more than one bidders from posting because of the rapid bidding. (and another being a newbie, who bid 6.6 in PM)

Also more than one of you noted that time was running fast on the server, there was some lag.

Great, I'm not really sure what would be the most fair decision in this situation.
It would be clear cut if this was an auction site and there were a timer, but this is not the case here. (Even then, on an auction site you don't get blocked for biding too much.)
I can't declare a clear winner.

So when morality fails go with self-interest.

This is what we're going to do:

Send me your final bid in PM.
One bid per person only. The highest bid gets the golden ticket.
I'm accepting bid for half an hour.

I'm sorry everyone for this clusterfuck I didn't anticipate this issues (and this level of interest).

Vega