+1

The coin is good, but I am becoming increasingly disappointed with the dev activity. There are efforts being made by various community members, but I am seeing no activity from the devs.

@devs: You guys earned a truckload of cash via IPO, and the coin needs buy support, as well as some serious promotion.

People are talking about a cliff when we go into phase 3 and they are right.

IMHO the solution would be to triple or quadruple the length of the second phase and proportionately lower the maximum reward for that period. That way new miners will still have incentive to turn their rigs to HVC during the summer months and the coin will have a more widespread adoption.

Another problem is the fact that you still can't use your HVC for much, so we need to campaign more aggressively for new retailers.

Maybe devs could use some of the IPO money to create buy support and/or increase bounties? This would also help with the premine FUD being spread (which I sort of agree with, premine IS usually a scam alert, though in this case the coins were sold at a fair price to a number of participants), since at least part of the money would be used for the benefit of the coin.

Anyone else notice the faucet has been giving miniscule amounts for the past few days, about 0.02 HVC, sometimes even less, like 0.002? Maybe it's nearly empty?

That's really cute, renzhf. Crossing fingers that someday you find an original thought in your head.

To answer loicatraile, we are going through 3 phases. The first, Mint, is over when 45m HVC is minted. The second, Limit, lasts 56 days, regardless of the number of coins minted in that period. During the first 2 phases block reward will be in the [1, 1024] range, depending on the votes. In the third phase, Sustain, the block reward drops to [1, 8] range. A bit of math and guesswork works out to phase 3 beginning in about 4 months.

Source: http://heavycoin.github.io/about.html

My meter shows 760Wh of combined power, from 3 rigs with 4 280X OC cards total, that are not too heavily undervolted (~1.14V). That's with the new miner, with the previous one it was 650Wh. Scrypt mining expended about 1300Wh. I get about 14.9 Mh per card, could probably be optimized to squeeze out a little more out of them.

 

On a more serious note, I see people are pushing X11 as the new thing, but from what I can tell it uses more power and generates more heat than hefty. Thoughts/comments?

Agreed. The Chinese seem to have taken it upon them to discredit/destabilise BTC. I suppose the other shoe drops in 2 weeks or less, when we learn whether they are actually banning bitcoin exchanges. It would mean a period of low prices, possibly killing off weak coins, but in the long run the other exchanges will pick up the volume and it should be business as usual. The alternative is they are spreading FUD and loading up.. kinda hoping for the latter

Well someone is seriously loading up on HVC while keeping the price low.. just look at recent transactions, and the volume traded in the last half hour.. I'd say pre-pump.

Anyone?

Has anyone actually received any HVC or any other currency from an altcoinauthority.com giveaway?

They never actually posted how much they'd be giving away, and are not responding to emails. Scammers?

Anyone know where I can look up the current network hashrate or how to calculate it from difficulty?

I stand corrected. Saw the UPDATED title and missed the date.

The market is depressed because of yet another fake announcement from China about a Bitcoin ban, that has already been withdrawn. Conveniently, they waited 6 hours before withdrawing the statement.

The price now is barely above IPO price so I see no reason why anyone would sell now. I just spent my remaining BTCs to buy in. Even if manipulators manage to knock it down a bit further, it will bounce back. In only 4 months the block reward is dropping to [1, 8] range and I am very curious as to what will happen then  

Other than HVC and IMO BC, what coins do you guys think have a long term future? There are so many scamcoins that most days I don't even feel like wading through ANN and reading inanities like "to the moon" every other post..

8Mhs (per R9 280X) is netting me about 85 coins a day, is this what everyone else is getting? With the rise in network hashrate coins/day has dropped from 115 to 85 in the past 3 days.. Not sure if this is good or bad

Anyone else having a problem with transactions not being credited to bter?
I've been talking to them for days trying to get them to credit this transaction:

Status: 1438 confirmations
Date: 15.3.2014. 23:18
To: Bter deposit address FNnHotGq6x84ier5MZpxnUxCHVmEJKcg9m
Debit: -686.572279 FLT
Transaction fee: -0.01 FLT
Net amount: -686.582279 FLT
Transaction ID: 2701fbc0df4460ae3d65464c9a1b0a7854fcdd4f18b8776fa513af14257dc696

They claim it has zero confirmations on their server..

It's not a huge amount but still sucks 

So, anyone tried the cgminer from cryptomining-blog.com and can confirm it's legit?

Might be the same block number, but bitember reports network hashrate and pool hashrate as identical, so they are on a separate fork. Any clue if cloudminers is on the proper one?

@dev: Which pools are on the right fork?