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Been away from this coin for a couple of months... What the heck happened? Before the hashrate barely even reaches 3MH total now it multiplied more than 10x... Was a GPU or ASIC miner developed for this coin? With the current average CPU hashrate it would require around more than 10k xeon servers to reach this amount of hashrate.
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Any ideas when will Mercatox finish it's maintenance?
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Unfortunately you can't fork a coin away from gpu, unless you make the CPU miner closed source.. GPUS are re-programmable. you can fork away from an asic as its stuck doing one algo.
just sayin.
You can't fork away from a GPU miner but you can make a GPU miner useless... GPU's dominate CPUs by its processing power as it contains lots of cores vs a CPU that only has an average of 4 cores... But what a CPU has that a GPU doesn't is a high memory. If you make a algo memory intensive then a GPU won't perform better that a CPU. And that's how you make a "CPU mineable coin". |
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Hi Team, are you planning to switch to GPU mining?
No, we aren't. It's against the main goals of the project. Keep in mind that Webchain Network was designed to allow CPU users to enjoy the profitability of a cryptocurrency where GPU mining is not more profitable than CPU mining and where ASICs are not allowed. I invite you to have a look at our whitepaper. I've been CPU mining since the very begining. My hashrate is modest, only 140h/s. ---------------------- See the above posts for working GPU miners, now see the Network hashrate bump from 2 Kh/s to 1.5 Mh/s. Now tell me again, is this coin a a real CPU only coin, or CPU miners are fools? Are you planning to: 1. Fork to disable GPU mining, 2. or keep your eyes closed 3. or become a CPU+GPU minable coin? This is a really interesting question, now that we've seen how some community members have released the GPU miners. Our advertising strategy has always been focused on saying that Webchain is ASIC-resistant, not GPU resistant. The fact of using the tag "CPU mineable coin" is because the only official miner released so far is a CPU miner and that the team has no plans to develop an official GPU miner. It's not a matter of keeping our eyes closed, it's more about recognizing the power of the community on the project. On the other hand, consider that a bunch of CPU miners would have driven the difficulty up too, of course not this quick, but it would have eventually happened if more CPU users had come and started mining Webchain. If you think like that though that would be like deceiving your users... AFAIK bitcoin is a CPU mineable coin also... You could download cpuminer and mine sha256. |
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I agree... The devs are so unprofessional. They outright ban old versions instantly without even giving allowance for exchange to update their client without screwing the transactions up. Not even a notice at all. |
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Guys... Anybody has an idea how long does livecoin process deposits/withdrawals for ipbc? It state on their deposit box that it needs 30 confirmations but mine is already 50+ but is still pending.
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I must be doing something wrong ,
When i look @ the hashrates in the pool there are people there with 29.000 hash when my 8700k shows 5.4 hash does that person have the equivalent of 29.000 / 5.4 = 5370 x i7 8700k running ?
I dont understand how this would be possible can someone please explain.
Some/most people are renting out cloud servers, an 8 core VS can get you 18 H/S, which would mean the whale could be running over 1600 VS servers. Someone really believes in ARO! Also the DEV has confirm that these high hash rates are coming from cloud hosting. Or just a botnet that's leeching off people's computers secretly. |
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It's because they literally killed the miners. It was the miners that are providing liquidity and stability... They try to hold the price to make sure they get ROI out of their electricity costs. Now zoin lowered the miner rewards which forced miners to dump their coins and move on to other coins.
Right now majority of the sellers are MN holders who barely spends anything and won't even hesitate selling the coin cheap for profit.
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Is there any exchange other than stocks.exchange? Why is the volume so low? There's just 13199.55 hpp coin on the sell order.
Unfortunately, there is only stocks.exchange for now. I am sure you would find a counterparty (p2p trade) if you posted your bid or ask in HPP Discord channel. The main reason for low volume of sell orders is a lot of masternodes which everyone wants to hold, not sell. I checked the discord channel and it seems dead though... Average 2 to 3 messages/day... If that's the case though... There's around 1.9M coins available and 1079 nodes currently. That accounts only to little more than 1M coins on masternode... Where did the 800k coins go? LOL,The diggers are holding coins, not trading? Perhaps miners need to see more of the proceeds. Right now there's just around 10K sell orders... HODLing does help the price but too much just breaks the liquidity... |
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Is there any exchange other than stocks.exchange? Why is the volume so low? There's just 13199.55 hpp coin on the sell order.
Unfortunately, there is only stocks.exchange for now. I am sure you would find a counterparty (p2p trade) if you posted your bid or ask in HPP Discord channel. The main reason for low volume of sell orders is a lot of masternodes which everyone wants to hold, not sell. I checked the discord channel and it seems dead though... Average 2 to 3 messages/day... If that's the case though... There's around 1.9M coins available and 1079 nodes currently. That accounts only to little more than 1M coins on masternode... Where did the 800k coins go? |
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Is there any exchange other than stocks.exchange? Why is the volume so low? There's just 13199.55 hpp coin on the sell order.
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selling 80 wavi 0.00013 each or 0.01 for everything
Give me 0.01BTC and I'll mine more that 80 wavi for you lol! is there any price of this coin? Nope but I can assure you I can mine more than that 80 WAVI at a price of less than 0.01btc. Im just asking about price. I dont want to buy. Im mining 1000 per day. I will hodl 1000 a day? Jesus, what are you running? Some tricks  But i will hodl. This is good project aWS Which one? Is EC2 allowed to mine off it? Anyone care to elaborate? Is it possible to use the free 750 hrs ? The free tier is pretty useless so you would need to pay for continued cpu-time. Don't use AWS it's expensive... Use digitalocean. |
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selling 80 wavi 0.00013 each or 0.01 for everything
Give me 0.01BTC and I'll mine more that 80 wavi for you lol! is there any price of this coin? Nope but I can assure you I can mine more than that 80 WAVI at a price of less than 0.01btc. |
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selling 80 wavi 0.00013 each or 0.01 for everything
Give me 0.01BTC and I'll mine more that 80 wavi for you lol! |
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Our daily volume is too low, mostly cause of huge market dump.
Once current G20 summit and expectations will be fullfilled, we will have decent rise..
Daily volume is low because HXX is disabled on Cryptopia... Where else do you expect volume to come? |
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Team already hinted on a 25K ZOI Zoinode with high ROI when the price was only 0.02 cents. I mined zoin myself for almost 5 months and got enough to run one masternode and I was also able to pay for my mining costs. It is also a question of investing in long term development of a project, which btw can all be found on the roadmap, discord (before slack) etc.
I know many miners who just mine and dump it all on the market to make come quick profit. Miners have been able to mine over 17 million zoin...please learn to invest and adapt.
The decision was made by the community. And the 25K ZOI + 65% of block reward is actually good for the network stability. In the end masternodes are made to stabilize and improve the network.
5 months = 25k zoin? You're obviously either a botnet operator or some sysadmin utilizing your company's computers. There's no mining rig for zoin and you can't just have hundreds of PCs at your disposal just to mine a coin lol! |
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Why are they killing the miners? 4 coins/block reward? That's not even sufficient to get a ROI. Would have been great if they reduced the emission to 60 seconds.
It's a matter of price only. But I agree that 65% MN reward is not good at all. Yeah I understand the price part... But with 65% on MN and with 25000ZOI requirement for a MN... That's a recipe for centralization... Rich investors are gonna create multiple MNs. And those who can't afford loses 65% of their earnings. That's 65% of the coins going only to those with huge holdings already. They should have thought that mining is expensive and hosting a MN costs barely nothing. Now you forward the majority of the reward to those who barely spend anything. |
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Why are they killing the miners? 4 coins/block reward? That's not even sufficient to get a ROI. Would have been great if they reduced the emission to 60 seconds.
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Finally... Some freaking botnets disappeared... 1/2 of the hashrate got sliced off compared to yesterday.
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When all bitcoin supply are mined mining will still exist... The rewards will come from the transaction fee that comes from those who trade bitcoin.
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