BCX can't go to jail for mining a coin. It just so happens that he can be more than 51% of most network hashrates. Forks happen all the time its the nature of the beast. Perhaps people are stupid for putting a multi-million dollar valuation on a blockchain that can be forked by such little hashing power.
I see nothing wrong with this.
AUR has a value established by free markets. You see nothing wrong with deliberately destroying or degrading that value out of malice? If Icelanders come to value this windfall and then BCX deliberately damages the value of their holdings, I could see a hue and cry from the Icelandic population demanding that their government do something. It would not be hard to imagine them charging him with any manner of infractions having to do with property damage, vandalism, financial wrongdoing, you name it - and seeking to extradite him. The same government which issued a public warning with the impending airdrop? Yea the same smartass. Because they dont want AUR to influence their country. But it did. And now the politicians will do what public will demand, if it does not cost them. And blaming one person for everything certainly is the way goverments work for centuries, in case you have not noticed. It's terrible that people actually prefer to be governed by the ones they elect, than by foreign idiots, shills and trolls on the internet ...  |
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attacka coin with a nation behind it. what nation is this? which nation has decided to back auroracoin officially? not iceland. it's a foreign currency imposed on iceland. Cryptocurrency is not "foreign", it is local to ALL of us. Let THEM decide if they want it or not. I'm amazed at the hostility being shown against Auroracoin and Icelanders without a shred of evidence. One thing is the rest of your post, and discussing in context of a thread wanting to attack AUR. Quite another is counter-arguing against kalus view, which is 100% correct. All cryptos are foreign. Do I have the power of voting on a referendum if I don't want penetration of some crypto in my country? No, I do not. This "let THEM decide if they want it or not" is just gunboat diplomacy |
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Give it a rest already. It was the zeroc00l noob that came up with the "extorsion" post, and others noobs picked it to throw mud at everyone, even those that can't stand the outright IPO/premine scams but aren't part of the initiative or on the sidelines. How convenient that post was for the scammers and shitcoin shills, must I say... |
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Well, for accident I'm a proud 564k Flappycoin bagholder. 10(?) days ago I ended my Heavycoin dump on various exchanges and wanted to withdraw. One of them had particularly high withdraw fee for the minimal BTC I got there, and for a matter of principle, I thought "fuck this". I looked into their coins, looked into Cryptsy's, figured out coins listed on both exchanges, and unfortunately I picked this shitcoin as candidate for transfer. I bought that residual BTC worth of FlappyCoins at 1 satoshi, paid 1 Flappy as withdraw fee and withdrew to Cryptsy. Guess what, in 10 days I was unable to sell this crap at 1 satoshi ...  ... and I suspect, neither does the OP If I was holding an huge bag and was dishonest, it could also worth my time to create a sock puppet account and type some elaborate bullshit to pass the bag along. So, guys, be careful. |
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Pelas minhas contas, ASICs scrypt ainda são demasiado caros, comprar um par de gráficas paga-se muito mais rapidamente, incluindo custo da eletricidade.
404kh com 10W diz-me qual a gráfica que bate isso  Qual dos teus ASICs é que dá para minar Maxcoin, HeavyCoin, Darkcoin, Vertcoin e outras que me meteram bom dinheiro no bolso? Para mais, é facil vender a ideia de 400 Kh/s a 10W, so que do meu lado soa mal 400 Kh/s por 200€ e perca de garantia Se me disseres, ah mas podes comprar sem o volt mod, pensa na conta da luz, etc ... Pois, mas para 330 Kh/s compro uma Nvidia 750Ti por 130€, 2 anos de garantia, e valor residual no Olx |
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Quando eu estava à espera que a nossa aldeia não tivesse idiota ... |
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Besides BTC, I hold now a few others in some decent volume (bought yesterday and today), but I will not insult people's intelligence by promoting them. There's only one coin where I wouldn't mind to do so. That one which PoW was actually useful, associated with Boinc, protein folding or whatever that was, CureCoin. It seems dead though  |
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Yes, multipools can kill your shitty clone coins. I will not counter-argue the rest of your post, but here, despite your view on coins, you are actually agreeing with him, are you not? I've never seen complains about what multipools were mining. Where's the outrage if a multipool is mining "shitty clones", sometimes even outright IPO scams, as long as it craps out more BTC for your hash? Multipools kill shitty clones and good coins alike. Why do you think Nxt and Blackcoin promoters started multipools that pay out in Nxt and BC, and others are looking into the same? Try to figure that one out. One thing is liking the convenience of profit-pools that payout in BTC, quite another is ignoring that this is scrapping the bottom of the barrel. What kind of long-term investor would want to be on the wrong side of dumps, specially coins that still have high block reward ? |
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We are currently working on single-registration. We will get there. For now each pool still requires separate registration. Thanks for your effort. I will follow your progress. |
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- No registration required, just use your address as your username and start mining!
Great! Thanks for this. |
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BTW sorry for the long post above. I am not sure if it even makes sense I think it is time for bed. Makes sense, yes. Good advice, thanks. |
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I dropped multipools a while ago when I realized their opportunism on picking "random" Doge blocks and proxying to the Ghash.io 2xLTC offer.
Their payout has been crap anyway and scrypt leads to high power consumption, so I'm not losing anything even if I didn't care about long term or those ethical issues you bring
Their no-registration, no-login is convenient though. I hope pool operators look into sparing us from the MPOS register/login/unlock/etc... nonsense
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This thread is for coin developers to know what the miners want. The ASIC Scrypt miners have pushed the profits so far down on GPU that it is soon going to become a war zone like BTC. GPUs are out of the game. And the game is actually going to die soon with people spending 10,000 on a piece of equipment that will never pay itself off, nevermind making a profit. The new coins are not being introduced as fast as the new hash power is being built so the ASICs have taken over.
type +1 as a reply to this thread if you think coin developers should only make ASIC resistant (NScrypt) coins from now on and GPU miners should all switch. No more Scrypt Litecoin based coins. Let the ASIC owners fight it out and increase the difficulty of all these coins to the moon and their profit to zero. If you think instead of the pain in the neck vertminer nscrypt, the new standard should be a different one like SHA-2 or something please note that as well/
As others said, good idea regarding some ASIC resistance, bad suggestion picking NScrypt |
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i don't recall seeing anyone say anything about ddos'ing or extortion at all (prove it) You guys are unbelievable. No extortion. Right. It's not a coincidence that the first person to lead the attack here is named "extortion". To be fair, we could probably have this committee determine how much payment each altcoin must make to the Operation funds.
If a coin seems to have some legitimate innovation, which we decided is good for the crypto community, perhaps we waive the fee.
If a coin is borderline, we charge some fee like 10 BTC.
If the coin seems like a scam, then we charge double, like 20 BTC.
If any coin does not comply with the application/audit and payment process, they are instantly targeted and destroyed via BCX's methods.
We would need to put together a team of DDOS, multi pool operators, and volunteer hackers to enforce the mandate.
It'll be no small feat, and will require some organization, obviously. As you can see, their plan has NOTHING to do with cleaning up shitcoins. If a coin pays, it doesn't matter how bad it is, they won't touch it. This is simply about scamming people out of money. Period. Nonsense. You pick the garbage of one guy at the end of the thread, and make it look like it represents everyone else. |
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Max Keiser has often been said to be the face of bitcoin and cryptocurrency on the world stage, I honestly think that's false. Max Keiser is the face of Pump and Dump on the World stage because honestly that's all he does first the blatant attempts with Quark and then the catastrophe of Max coin. Why does Max Keiser have any credibility on these forums and in the crypto community you guys constantly accuse others of pump and dump and ponzi while this guy supports it and he's one person that definitely does it.
Who said Max Keiser has any credibility here? |
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Oh thanks. I'm looking now.
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Do I have to register each time I want to mine a different coin, or one reg is enough for all?
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