I also heard from BitJohn:


"The ADT swap is not as simple as sending coins in and getting coins out. We have to change back end processes to ensure we do not lose track of users balances etc. This process must be validated as accurate and tested. Its not a new wallet its a new chain this hasn't been done before there is no automated method to do so. So Cryptsy must put developers and resources towards implementing it. Your coins will be available to you as soon as this process is complete."

That makes sense to me. I guess we'll have to be patient.

I've been mining away on http://adtpool.co.uk/ since launch, so I'd definitely like some free EAC too! =)


ekHBuBoDgvLeqWR9yoGeKHvu1RuVLMhxCF

Id just like to point out that I suggested you all put down your pitchforks weeks ago. Glad I have 10k shares still.

No issues here

This. I wish there was a way to actually target difficulty based on profitability rather than simple hash load. It would certainly help with price adjustment following the reward drop. At that point people who are mining it heavily will likely already be large holders.

http://eligius.st/%7Ewizkid057/newstats/userstats.php/17psAW21J4twanAFWmbcd5WdX2pKeX3trm

over the past three hours they have continually been adding hashrate.  Up from 300 ghash to 760 so far today.

Could someone post comparative numbers on the amount of yac minable compared to XPM per day on the same cpu.

I mined yac at the start, I've got like 10k, but back then they were worth like 4BTC, and now....

Anyways I was considering switching back but wasn't sure which was more profitable.

Just curious, maybe this was already addressed but why no peercoin on the sha256 multiport?

Because the bitcoin pool has only been operational for a couple of days. Until a block is found a payout wont be made. Thats the idea of a pool if you didn't realize. We all contribute resources until a block is found, then a % of the reward is shared with everyone based on how much they contributed.

I have an idea but I"m not sure if its a good one. I woke up with it. Sometimes those are bad. I've been reading a lot of suggestions on various sites and this is sort of my amalgam of a lot of other people's ideas.

Why not have ken create an altcoin "Activeminingcoin" that he sets the parameters for. 25 million coins generated on the genesis block (like the initial shares).

Then, after that, only transaction fees per block (which are set to be very low). The coin can be a simple sha256 and set so that blocktimes are every 2 minutes or so. It wouldn't matter if people mined it as long as someone did (probably ken).

Everyone with ActM stock tenders the stock to ken. They download the client, and set up a wallet. Ken transfers coins to those people based on how much stock they've tendered 1:1

Then, ken sets up a website where people can register their addresses. You make a signed message with both your BTC address and also your ActM coin address. This proves you own both.

When it comes to dividends a simple scrypt can be run to check the balance of any ActM coin address and send the corresponding amount to the registered BTC address.

Want to sell your stock? No problem. I would wager money Big Vern would put it on cryptsy as this is a "coin" and not a stock and exchange operators would gradually accrue these coins through fees. If I ran cryptsy I'd put every shitcoin on there that had sufficient volume to make it worth the bandwidth cost. Why not add stock coins?  This allows liquidity in the stock and people to sell and buy shares as they see fit. If a major exchange goes down, who cares, you withdraw your coins and can trade directly on bitcointalk or reddit or any other means.

Thoughts?

This is seriously fucked up. I'm so disgusted right now.

I'm throwing my 3gigahash at the BTC pool at least till you get the multiport working. I saw you didn't exactly have a lot of hash rate on there testing it. Its not much, but its more than 50mhash, lol.

I see that there is a bitcoin pool now and people are mining on it. Whats the server address?

They're back to hashing on BTCguild at around 400 g/hash

http://blockchain.info/address/17psAW21J4twanAFWmbcd5WdX2pKeX3trm

You boys really need to calm down. Its been evidenced in a number of ways that this isn't a scam and that these people are basically having issues with the chips that weren't previously anticipated. So are a lot of asic mining companies. Harassing them online and acting like a virtual pitchfork mob isn't going to drive your stock price up. Why not consider actually offering some help or knowledge and see if they respond better than threats to have them arrested and stuck up the ass with a pike.

Urgh if it wasn't looking grim enough already we're going to shoot what little chance we have left in the foot.

Did crumbs just give a helpful and direct response in an Activemining thread?

I've used we exchange at least 20 times now. Occasionally the site is a little slow, but overall I've had no issues.

What I really want to know Ukyo is whats going on with labcoin! =p

Still waiting patiently, I'm sure he'll take care of it though.

The transaction can be traced to BTCguild if you look at where it comes from originally. However they managed it, they mined that btc.

They always trace back to:

http://blockchain.info/address/14cZMQk89mRYQkDEj8Rn25AnGoBi5H6uer

Which is the btcguild wallet.