Ripples, nxt, mastercoin are also not minable coins right?
Correct. Although NXT is 'diggable', but with pure PoS it just means an insane interest rate for the richest, and nothing for those who have nothing in the first place. Kind of fiat 2.0 without the FRB bomb maybe? Mastercoin, though not minable per se, is not really a coin of its own, but a extra layer over the existing BTC block chain. Ripple is not minable, but it's quite innovative in itself. Besides, the XRP in your Ripple account are not supposed to be your "Ripple wealth", theoretically you only need a few to push your trust lines to the ledger, and then work with any currency that you like (through IOUs of course, this is Ripple). Some Bitcoiners hate it mostly because of the proprietary stuff in it and it's bond with Ripple Inc, a for-profit corporation. tl;dr: you'll have to be really innovative if you want success with a non-minable coin. |
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People would buy my coin because they think it is gonna rise in value! I think having a lot of technical knowledge doesn't let you think to much outside of the box anymore! And thats something i always try to do! Just creating the same thing as bitcoin will not be intresting! What will help my future coin rise in value is: -A nice profesional looking website -The fact that its not a mineable coin -And my knowledge of seo and website promotion -the fact i will have a good developer working on my coin! -And many of my out of the box ideas! I don't think the investors of Vertcoin are very angry today!  Well, after all, you're right: it's a free market. Why don't you just ask for a "100% pre-mine" option to coingen, maybe there are other bold entrepreneurs here who don't want miners to get any coins! Then, let's the market decide  PS: what the heck is Vertcoin? |
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I'm not sure who I dislike the most; beggars, or the torrent of arrogant people that land on those threads...
IMO this thread is actually rather educational for OP. Besides, who exactly here is "making undue claims in an overbearing manner; that species of pride which consists in exorbitant claims of rank, dignity, estimation, or power, or which exalts the worth or importance of the person to an undue degree; proud contempt of others; lordliness; haughtiness; self-assumption; presumption"? ('arrogance', Webster's Dictionary) ...besides these assholes who copy & paste dictionary of course I fail to see arrogance here, and I even think OP was satisfied with at least some of the advice given here. |
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No kidding? Wait a minute...
Are. You. Serious?
I was shocked when I heard about the rumors of killing the alt-coin section. I'm slowly changing my mind, and these kind of posts is just accelerating it. Even reading the names of the 93524 shitcoins pending in the coingen list wasn't as hard as reading this kind of posts.
Hint: get some paper and a printer, and create bank notes. Then try to sell it on eBay, on the streets, use it at Walmart... (face palm)
@OP: sorry about the offense. You can look at my history, very few of my posts are actually offensive. I try to stay educational when I sense good faith, and while I'm questioning yours, I must say that I *fear* it's good faith.
So I will try to say it without it being an insult: why would people buy you any coins in the first place?
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Glad to have helped. I enjoy answering some of the more "how stuff works" questions on the general level. Especially compared to my normal daily pool support questions  . This post was a very interesting read for me too. I think, but I'm not sure, that I am somewhat familiar with the basic concepts of PoW in solo mining: - Your mempool contains unconfirmed transactions, that makes the content for the next block being "generated"
- In order to have this block accepted as the next one in the chain, you need to find an SHA256d hash for this content + a nonce
- The hash is used in the header, and it needs to be below a defined target, i.e. difficulty, for the pushed block to be accepted by other nodes
Now I'm more confused about pooled mining. I admit that I never took the time to read the Stratum protocol RFC, spec or whatever. What I'm not understanding here is how the pool manages to hide block content from pool miner (that's something I'm used to read when starting the miner, i.e. something like "pool is hiding block contents from us"). I understand that the hiding is necessary to prevent the pool miner from pushing the block solo, bypassing the pool and getting the block reward for himself instead of the pool. But then what exactly is the (partial?) content that is used to hash, and more importantly, how can it be useful to the pool, since the hash sent by the miner will not be block_content + nonce but other_content + nonce (+ extra nonce etc?). In short: how can sha256d(block_content + nonce) = jackpot_hash be derived from sha256d(f(block_content) + nonce and/or whatever) = jackpot_hash? Most likely, it isn't and I'm asking the wrong question, and you're gonna explain to me why I'm not sure that I've made myself clear, but I promise that I've tried to... I can rephrase the question if necessary. Thank you in advance for your enlightenment! |
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Let's see the lawsuit options:
.. you don't know Swiss OR, do you? Errrr... "OR" is the German abbreviation for the Swiss Criminal Code (Obligationenrecht, code des obligations, could go on in Italian if you really wanted to). Did you care to follow my two links above?  Tell us exactly how you would sue someone for a late delivery when the contract states exactly what happens in case of late delivery, and the delivering party complies with its obligations? |
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Since no one has posted it yet, here's the news update: Dear All
It’s been a while since our last communication and this update is overdue and we do apologise for that. In this newsletter we want to update you on 3 important things.Neptune Development Progress, Jupiter sales and our new project - Plan B.
Neptune Development Progress
Over the last few months things have most certainly not stopped here at KnC, and we have made massive progress on our 20nm chip and it will be one of the first 20nm chips to come out to market with the strong support of our partners, TSMC, AST and Alchip. The backend engineering teams have been working 7 days a week around the clock to bring this chip to market as fast as possible. We have of course learnt a lot from our previous 28nm design and with that knowledge we will squeeze even more out of our 20nm chip.
The news we can tell you today is that we have a further reduction in power consumption of around 11% from our initial calculations, which means we can squeeze in even more cores. The core count per package is already over 1000 and with every reduction in power usage we will add in more cores to maximize the performance. This is a great bit of news.
Jupiter sales
We are no longer going to offer Jupiter for sale. We had intended to offer Jupiter following the end of our Network Protection phase, however things move fast in the Bitcoin world and we have decided to end all future sales of Jupiter. We know this may disappoint some people waiting for buy more Jupiters, however, we have some exciting news that we would like to share today and its called ‘Plan B’.
Plan B
As you are all aware we broke many world records in releasing the 28nm chip in such a short amount of time. We are a very ambitious company but even for us, to go “all in” and not be able to deliver on our performance targets, like our competition, would be completely unacceptable to us as a company and everything we stand for. So today we are introducing, Plan B.
To make sure that everyone who has paid for their Neptune we are building a data centre like no other. It is located in the north of Sweden not far from Facebook and other Mega Data Centres and it’s totally powered by renewable energy.
Over the next few months we are bringing online enough hashing power to make sure that any delay in the Neptune timeline will be compensated with a completely free hosted hashing packages to all fully paid customers.
In the addition to this commitment, as part of Plan B, for all Neptune customers, we will be offering a free conversion to a hosted hashing package where we will simply fill your wallets directly and you won’t have to worry about anything else. All the other costs taken care of by us. We are able to do this by using our 28nm chips which is why all products that we have coming out of our factory in the next few months will go into building and supplying the Plan B facility.
If, during the course of development of Neptune, there is any threat to the timelines for delivery, those delays will not result in the loss of any mining time for our Neptune customers. We will release more details of this as we get closer to the delivery date, but for now we have one of the world’s largest data centres to build.
Thanks
KnCMiner Team
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I vote for a joint lawsuit to figure out what happened.
Let's see the lawsuit options: - You can try a civil lawsuit against them for breach of contract. The problem is, as long as they eventually ship your product and offer the customer protection plan that both parties have agreed with, there is no breach of contract. You lose.
- They could, *technically speaking*, try a criminal lawsuit against you for defamation (or a civil law suit for damages, that can generally be debt-collected internationally, as long as you aren't insolvent and your country has common law), and use this forum as evidence. A judge would then want to hear you so that you show him or her the proof of your statement (i.e. their are self-mining with the chips since December 6). If you can't show that evidence, they would win. You lose, again
Of course, Bitmine is not stupid and won't sue their own customers (not mentioning that suing you for this would be very difficult in practice, especially internationally). Their PR could be better to calm down the impatient miners, but they are still much better at this than, say, BFL_Josh (i.e. their not calling you names in return, they aren't doing forced refunds on unhappy pre-order customers, etc.). My advice: they have given a news update a few days ago, and they said they would catch up with production soon enough. Mark their words, and come back in a few weeks to check for the result. |
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You know about exchanges, don't you?
Or do you mean you would sell at lower rates than exchanges? If so, why?
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By the way, there are still relics from Scrypt/GPU support here, you may want to update |
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Actually it does, unless you are a liar? You said you weren't begging, bur rather offering services for money. Are you begging? Or are you not? If not, and you are indeed proposing web design services in exchange, you need to link to your portfolio so people can see what to expect from your competences. Currently, all* of your works in your portfolio are links to 404s. Additionally there is a spelling error in a title, "SKILS" vs "SKILLS". You may say that English is not your mother tongue (it isn't mine either FWIW) but you will probably not find professional customers in the UK until you get these problems fixed. You may find my posts unsupportive, yet they are sincere and try to be useful. You may continue to call me names, if it helps you, so be it. You will probably find more supportive members below, maybe they'll even call me names as well. The thing is, given what I've been through in my own life, I have noticed there were a lot of people who were just sorry for me. And there was one who wasn't sorry at all, saying I had to face it and move forward. He's the one who ended up helping me the most. * edit: actually most of them. Some lead to a screenshot. |
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and there are already so many posts about "I have cancer" and this and that
Yeah, like your own indeed: So I'm a recovering cancer patient seeking a job in web design. I'm trying to make some money with bitcoin but I made a HUGE mistake...
If you want to do web design, make a portfolio, a website and start advertising for your services. It's called marketing. And if you have just found out that life is unfair, then welcome to the real world. Irony will hardly change this. Cheers PS: when I was 17 back in 1997, I made a website for a teacher and I got scammed. Then I made another one with a fellow student for my high school, and never got a penny for it, although they kept using it as their official website for 4 more years after we left the school. Then I founded my own company, making real contracts and I started getting paid for my work. We all learn it the hard way at some point. |
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I'm not begging.
...
If you are one of those people who have made thousands of dollars, would it be too much to ask that you could help me out, not only that but help out the community too, I would be helping altcoins and bitcoin with my miner, not only that but society as a whole.
If you could help me just by donating, 1$ 10$, 100$. Just so I can make something of myself and not feel like I'm worthless.
You are just a scammer looking for some sucker to fall for your lies and give you money. You are worthless. I fell for your stories once, but never again. I was going to do exactly the same quote from 1st and last §. The only sure thing about this story is that it's pathetic in either way. |
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Any instructions on how to get Dualminer to work under Linux? I'm only interested in doing Scrypt with it.
You wouldn't want me to write a driver for them for it would only do the bitcoin mining part. |
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Basically: - If there's any greater fool waiting in line after you, you win a few coins - Otherwise you lose soooo much coins wow |
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Is that graph accurate? If so, I'm really in the lower 5% with only 92.88% of shares rewarded. I think it should be weighted according to total shares for each miner to be accurate. Actually, the global variance graphs seems to be just this in another form |
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But almost every minute I get a line in my cgminer with this text: Stratum connection to pool 0 interrupted Do I need to worry about this line everytime, or can I ignore it? I believe this happens every time that multiport switches coin, so it's pretty much harmless. |
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In English, ordinals use the -th suffix. Just saying... it's theoretically true for day numbers too (i.e. 3rd, 4th of March etc.) Clarification will be welcome indeed |
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I've found 3 blocks at our pool (75 BTC), and will never ever get more than 45 BTC in actual payouts.  I've found 2 blocks (50 BTC) at btcmp.com and will never ever get more than 12 BTC in actual payouts. I've found 0 blocks here but I already got paid 3.75 BTC, that infinitely more than my block finds ;-) C'est la vie, as he said. If I had solo mined until now I would be "at loss" vs PPS. And even if I would have found 100 blocks in a row that would mean nothing about my future luck... |
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I think that only one person has actually had success compiling this, on BSD or something.
^^ this |
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