Indeed, smcardle was the biggest force behind the new Coino team, and without him we can't do much.

I personally haven't heard from him since he was back for a day after his accident.

As much as I hate to say it, I would call Coino dead.

Hey guys,

What RichardT is saying is generally the same opinion as the Coin(O) team:
- We do not try to make exact schedules, as we do this in our freetime, and cannot guarantee anything
- It's impossible to post daily news. Or at least they would be super boring, such as "still working on the same thing as yesterday"

We do not want to give any false hope and/or expectations, and this is definitely a long term project.

So is Coin(O) about to die? No, it's about to get alive - but we depend on you, the miners, to keep us going strong!


By the way, I am interesting in hearing a little about you guys:
- Do you use dedicated rigs?
- Which OS does your rig run?
- Which GPU do you use?
- Which miner do you use?

Cool, thanks!

To all the pool owners:

Thanks for showing us your support, it's cool to see so many pools advertising!


Hamsterer:

A small request - can you change CON into COINO? We are trying to change the shortname on pools/exhanges

smcardle is indeed busy - everyone in the team has fulltime jobs, and no, it's (sad as it is), not a fulltime Coino job
So while we are trying to keep the forum active, we cannot guarantee daily news, so don't be scared off due to a little inactivity



That is exactly what I am thinking - give gamers a reason to mine with their gaming rig, when they are not playing. That will give us a lot of more players (pun intended ) and we can hopefully get some more trading going on.
My vision if that the gamers will either be able to directly use their coins, or by using a market to exchange their coins - not limited to only exchanging between crypto coins.  I'm thinking like, exchange Coino into let's say pre-purchase Steam cards, so they can "mine new games", wouldn't that be cool? I know this is already possible for some other coins, and most definitely something we will want too.




At an early point of the takeover we voted for a change of algorithm, and most voted no.

I would like to hear smcardle and bgades views on making a vote, after we have reviewed some cons and pros. People shouldn't be voting for something they don't know what means, so we have to keep people informed about such.

Changing the algorithm to SHA256 for which you can already get cheap ASIC is fairly good.

However, I believe that scrypt has a much broader audience compared to SHA256 as it makes sense to use your GPU (or even CPU), which everyone has.
That is not the case for SHA256, where you are forced to buy some ASIC equipment to even get started.

I don't believe that all people who are new to mining will want to invest in dedicated mining equipment, for several reasons.
- Some people simply can't afford to buy mining equipment due to their budget
- In case they loose interest in mining, their equipment is worthless to them, and the only option is to sell it (likely for a loss)

I believe that the kind of people who will be the first to start mining, are those who are at least slightly techy.
Mining is definitely not for everyone just yet.
Therefore I'm guessing that cryptos main audience are gamers and geeks, and they are already equipped with mining equipment, which makes it higher likely they will gain interest in mining and actually start doing it, as all they have to do is download some software and create an account at a pool, if not using a p2pool which pays out directly into their (online? ) wallet.

As earlier stated, mining is not for everyone, and I think that there are 3 primary groups of miners:
- Geeks
- Gamers
- Financial people/investors

I think that 2 groups are dominating of the 3 mining groups:
- Geeks
- Financial people/investors

The largest group of ASIC owners will most definitely be the financial people/investors.

So far gamers doesn't have the big reason to be mining, but as Coino will be integrated into several groups of platforms - including gaming platforms, I believe that gamers will be more interested in mining Coino later on.

I agree that changing to anything else than scrypt and SHA256 (all of the current algoritms that is supported by ASIC) is simply buying time, but I think that will give a more fair start, rather than having investors mining all of the coins. Also, when the gamers learn of ASIC's, that will definitely scare them off and might go for other coins for which you cannot get ASICs.

One of Coino's goals is to attract new miners - not just getting current miners to switch to another coin.

The final end of changing to new algorithms to fight ASICs will be when ASIC is so mainstream that an algorithm switch vote would fail.
We do not have plans about staying completely ASIC free, as ASIC is definitely the future, as they are much more (power) efficient.

It could even stop before that, if we switch algorithm now, it could also happen to be the only time.



I think it's a cool offer, I appreciate that.

Right know I don't believe that we are in need of marketing though, as we could mostly promote "to come" features, rather than actually having our services up and running - which I believe is the point where we should really start to promote the coin.

True SoreGums, I was also aware of there being a possibility of a more efficient miner, which also could be kept private, at least for a while.

The team who made x11 is the Darkcoin team, which has been getting some popularity lately.

To me it sounds like it shouldn't be the big issue, as x11 is not made in a way that actually should be able to utilize a GPU more than ~50 %.

I found this where a few people discuess the issue about optimized miners:
https://darkcointalk.org/threads/why-does-x11-run-cooler.178/

I have no idea whether it's possible to make hardware which would be able to be fully utilized, but a lot seems possible these days...


There is an article about x11 here, which seems to have kind of the same beliefs as me:
http://www.cryptocoinsnews.com/news/pros-cons-x11-algorithm/2014/04/10

Also, interesting read from an interview with the Darkcoin x11 developer here:
http://coinchomp.com/2014/05/09/interview-tale-of-two-halves-the-most-secure-algorithm-1/

Remember part 2:
http://coinchomp.com/2014/05/09/interview-tale-of-two-halves-the-most-secure-algorithm-2/



So, this seems like a slight concern to me. Every kind of algorithm will likely be hit by ASICs someday, if there is enough money involved.
Should it ever be an issue for us with x11, we could fork the coin by a new vote, of which it would require a majority of ASIC owners to vote no.

It's worth taking into consideration that a fork of a large coin could cause a split in community with 2 forks being used, such as with Litecoin, which was forked by some due to scrypt ASICs.


The reason I prefer x11 is because of the algorithms I know of, this seems very appealing right now, and I think the worry about ASIC for this is rather long term, so we would a least be able to avoid ASICs for a while. Especially taking into account we are already vulnerable to ASICs at this very moment.

Here is my view on algorithm and ASIC:

I think SoreGums has a valid point about ASIC hardware will get cheaper.
As of now ASIC hardware has a very limited market for miners, and therefore I am worried about that a few people will be mining most of the coins and make a very high difficulty, which is unfair for the other miners.
If at some point ASIC has gone really mainstream and is super cheap and easy to use for not so techy people, then it would make sense to use an ASIC friendly algorithm, as it would be fair for everyone.

Due to my concerns I think the best option is to change to an algorithm which is currently ASIC resistant.

My own intentions are to vote for features which will make the coin available and mining friendly for everyone, in a fair way.
The lesser the bother, the more people will want to actually bother at all.
When I talk to people about crypto, they ask "well, why should I bother about crypto/mining", because they need a reason to actually mine/wanting the coins, and even if there is a good reason, not everyone will want to do a lot of research about how to start mining.

Therefore I think Coino should be a friendly coin to get a broad audience. As you will need a GPU, gamers will be the first adopters, and what they invest into mining will also be useable for gaming, so even if they loose interest their gear is still useable or should be fairly easy to sell to either other miners or gamers.

I personally like x11, as it greatly helps with some of the issues that scares people off:
- It's much more energy efficient, which means a lower electricity bill
- Due to being more energy efficient, the hardware will get far less hot, which means lesser fan noise
- ASIC resistant, which means those who has a newer GPU can mine fairly


Regarding block halving, I would like to hear people opinion on why exactly they want it, before I can take a proper stand.

To clarify a few things:

First of all I assume that some of you found the old (and discontinued!) forum located at coinoforum.com, which was/is owned by the old and original team of Coino developers, who are now fully gone.
We have no access to that forum, and are in no way associated, so please don't use that forum.

The above leads to the next point:
Please keep the discussion in a proper tone, a proper community doesn't call each other names, and swearing doesn't really show much support either.

Instead, you guys should keep your attention directed at the proper topics, as mentioned by smcardle:
- Updated online wallet coming along, with support for multiple alt-coins
- New games being added to the online wallet
- Coino exchange coming up
- New design for coinocoin.com - we agree that the current doesn't really look that cool
- Some more unannounced - you will get some more details when it's ready for a beta release. I will reveal it's software which can be used by most miners, but still not ready for (all) end users...


So in the end... who cares that you can't sell your coins at several exchanges - why would you even want to do that?

You are very welcome!

If we can get a higher volume they are still interested in listing us again - although it's not perfectly clear whether they will re-list Coino directly, or if we will have to go through the coin voting system again.

I just talked to OldManKidd from poloniex, who confirmed they are de-listing Coino due to the currently low volume.
We will be de-listed at the 24th., so your withdrawed coins should still arrive.
I recommend everyone who has coins there to withdraw them, so they won't become lost.

This is quite a frustation, as that means Coino will also be de-listed from coinwarz, as poloniex is the only exchange source.

Coino can still be exchanged here: https://www.swisscex.com/market/CON_BTC

We are working on some cool projects, but as of now I will have to let smcardle talk about that.

I haven't traded on poloniex myself, but I've only heard good of them, so I will also suppose they (or rather the coindaemon?) are slow

A survery created by smcardle, everyone should submit it!
https://www.surveymonkey.com/s/9Z2VX6D

I am also prepared to help out in a new team, where I might be able to help out with scripting and infrastructure, support and such.
Will also be available for irc op as of now, so you won't miss me!

Will also be very interested in helping out with suggestions and votes, which I greatly support!

I can confirm this, was unfortunately mining myself at https://cga.thedigitalmint.net and just attempted to withdraw 1.5 CGA, which never showed up. I checked the blocks and they mismatched, and now I see here that it truly is forked.

Here is a screenshot of what I have mined, you can also see I have withdrawn about 2.5 SUN:
http://postimg.org/image/wyehhjiy1/full/

The transfer is here:
http://postimg.org/image/6682i52qx/

And they land in my wallet:
http://postimg.org/image/fuiwnoqv7/

I have no idea if this could be a scam pool, but it works for me...

I mined a few coins there today I just tried to withdraw, was instantly recieved in my wallet.

I think it's unlikely that being listed on Mintpal will significantly raise the value, but it should at least increase the volume.
Coinmarket was the biggest Coino exchange, and with that being down, Coino trading is extremely low, which both affects price and difficulty.
The current low trading volume also makes Coino easily vulnerable to manipulation.

But - this month we should be seeing some new stuff from the Coino team (roadmap), and I also know that several people in the Coino community are working behind the scenes, creating additional content, which also  is planned to be released this month.

If you mix all that together, I think it's likely to see the interest, and thereby the diff for Coino going up, and that should increase the price.

But no, that won't mean you will be rich by April

Great Shahrukh!

Btw, I have been wondering, since Mintpal and Poloniex still says CON/BTC, does that mean they haven't updated the wallet?
I know it's not yet listed at Mintpal, but at least the voting system says "CON".

Looks cool, COINO/BTC market here:
https://pmtocoins.com/dashboard.php?page=home&market=35

Could you keep the market tab expanded? Think that would be better imo