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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][POWER] Powercoin: Power of your coins! Released today! on: February 19, 2014, 03:04:24 AM
op will never join in they know what they have done !!!!! who are the admins of this site , spoke to github waiting on reply email to take it all down from there git , this is our coin , 100%
i have the my original wallet and connecting to some of the nodes on here , this shouldnt be live we need to dig the rat out

But we don't keep the ownership of the Powercoin (POWER), everyone can have a copy of it, it seems that yours is OWNED by you and your team.

No body owns the https://github.com/powercoin-power/powercoin, you can join also.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][POWER] Powercoin: Power of your coins! Released today! on: February 19, 2014, 02:43:38 AM
Powercoin - the power of world people's coin!

We're glad to announce that a new altcoin Powercoin is now released on GitHub (https://github.com/powercoin-power/powercoin-binary)! Currently we have Windows wallet (binary executable) available in this very first release. Hope you will like it and join us to mine powercoins!!

It is a coin that puts the power in your wallet! No banks to get in the way, your POW is yours to use as you see fit! The goal is to be a stable cryptocurrency that is worth your time and your hashrate. We aim to create a diverse community that uses POW to buy merchandise, gamble, rent out services, and keep as an asset that is easily transferable to fiat currencies!

The power is in your wallet!




At this early stage, it's very easy to mine powercoins on your CPU! So just don't hesitate, just download it and get your own powercoin today. (Now some pools are joining to the mining process, hashrate and difficulty are increasing rapidly, and it's not possible to mine on CPU at the moment)

Here is the summary information about the powercoin:
  • based on teslacoin, using scrypt algorithm
  • hybrid Proof of Stake / Proof of work
  • estimated total supply: 21000000 power
  • 61.3 reward in each mined block
  • 4 times special hourly reward (mining for over a hour)
  • 8 times special daily reward (mining for over a day)
  • 4 minutes blocks
  • zero premine - the developer was only started CPU mining today on the day when it's released

To start a new node, you will need to create a powercoin.conf, and setup the value of rpcuser and rpcpassword. The best way to assign a rpcpassword is to run powercoind from a command prompt (terminal), and it will generate a random rpcpassword for you when first run it, you can then copy that to powercoin.conf. An example simplest powercoin.conf should look like this:

    rpcuser=bitcoinrpc
    rpcpassword=12guwA4eu2aKENgFMaeVzpofdOUPpwqWCRzbaUh5FiG873

We need the community support to do the continual development of powercoin. Please let us know if you want to add your node as a default node for the network, and please tell us about the IP of your node through the GitHub issue tracking system:


As a developer, I was starting CPU mining almost the same time as others on the day it was released, and each mined block is rewarded 61.3, plus a special hourly/daily reward.

We still need charity to support the development, please donate if you want to support:

    * BTC: 1Fk8bqH9RGwXx9nDPX1BBLaDKBWH13JCKb
    * POWER: 5Yrqo39Y5uLJCaeh9zXoDscTqykaySiVXQ

To da moon, Powercoin!




this is fake how did you steal our code this will be shut down and the real wallets will be launched

That really sucks, but there's no FAKE at all, you may join the Powercoin (POWER) or please make your own coin.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][POW] Powercoin: Power of your coins! Released today! on: February 17, 2014, 07:42:57 AM
Need an exchange!  Wink

We may look for an exchange platform. Does anyone has an idea about it? If someone can put it in a exchange platform, it would be so helpful. I'm not so sure how this could be done the best.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][POW] Powercoin: Power of your coins! Released today! on: February 17, 2014, 04:08:51 AM

We are proud to annouce we have setup a pool for Powercoin at http://pow.coinpoolr.us!
1% Fee. Prop Payouts! Come join us!

Nice, windex!
It's still profitable for solo mining, though: I'll hop on your pool after we jump that point.
Could we have a section for pools on the first post, op?

It looks like this pool for powercoin is not configured right, from it's 'getting started' page, it's linking to the 'litecoin' home.


Yet the official powercoin (POW) pages (links) are:

5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Powercoin (POW) published today!! on: February 16, 2014, 08:15:30 PM
Can we please get an example conf on the main post?  Grin
It seems to be standard for coin releases.
Also, should I have a node in my powercoin.conf? I don't know any to add.

I'll include the powercoind for someone who is willing to setup a node! To start a node instead running powercoin-qt, the simplest way is to configure 'rpcuser' and 'rpcpassword' in powercoin.conf, and that's it for running powercoind.

I'll include the powercoind executable in GitHub and update the main post later.
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Powercoin (POW) published today!! on: February 16, 2014, 08:01:55 PM
Coin is scrypt, have just mined my first coins. Got 61 coins from the block.
Not sure how block rewards work on this coin, though.

EDIT: I'm getting tons of rejects, is this normal?
http://postimg.org/image/rj36cj40v/

We haven't try cgminer with Powercoin yet. Keeping focus on your post!!
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Powercoin (POW) published today!! on: February 16, 2014, 07:37:22 PM
Compiled windows binaries link?

It's on github. Supposedly compiled.
Well i always downloaded it from some other file sharing site.
Do i need to download github app too?
No, was looking at how to get it. From the link hit the download zip button on the right hand side.
I'm uploading it to Mega.co.nz atm, so you can wait for that if you want.
Will see if it gets downloaded correctly.
Thanks BTW Smiley

You should be able to download it using this link: https://github.com/powercoin-pow/powercoin-binary/raw/master/powercoin-1.0.0-win32-green-binary.zip


Thanks. Could you post an overview of all the information related to the coin?
Like starting diff, number of coins to be produced in total, difficulty retarget, type of coin (scrypt, sha256...)
I can make a placeholder icon if you need one. Am trying out the wallet now.

Yes, sure. I'm updating the post. Also, the "Qt load" error should be fixed, some missing files was added.

https://github.com/powercoin-pow/powercoin-binary/raw/master/powercoin-1.0.0-win32-green-binary.zip

Please enjoy!
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Powercoin (POW) published today!! on: February 16, 2014, 07:28:46 PM
Compiled windows binaries link?

It's on github. Supposedly compiled.
Well i always downloaded it from some other file sharing site.
Do i need to download github app too?
No, was looking at how to get it. From the link hit the download zip button on the right hand side.
I'm uploading it to Mega.co.nz atm, so you can wait for that if you want.
Will see if it gets downloaded correctly.
Thanks BTW Smiley

You should be able to download it using this link: https://github.com/powercoin-pow/powercoin-binary/raw/master/powercoin-1.0.0-win32-green-binary.zip
9  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][POWER] Powercoin: Power of your coins! Released today! on: February 16, 2014, 07:13:35 PM
Powercoin - the power of world people's coin!

We're glad to announce that a new altcoin Powercoin is now released on GitHub (https://github.com/powercoin-power/powercoin-binary)! Currently we have Windows wallet (binary executable) available in this very first release. Hope you will like it and join us to mine powercoins!!

It is a coin that puts the power in your wallet! No banks to get in the way, your POWER is yours to use as you see fit! The goal is to be a stable cryptocurrency that is worth your time and your hashrate. We aim to create a diverse community that uses POW to buy merchandise, gamble, rent out services, and keep as an asset that is easily transferable to fiat currencies!

The power is in your wallet!




At this early stage, it's very easy to mine powercoins on your CPU! So just don't hesitate, just download it and get your own powercoin today. (Now some pools are joining to the mining process, hashrate and difficulty are increasing rapidly, and it's not possible to mine on CPU at the moment)

Here is the summary information about the powercoin:
  • The symbol: (POWER)
  • based on teslacoin, using scrypt algorithm
  • hybrid Proof of Stake / Proof of work
  • estimated total supply: 21000000 power 110641653.195917 POWER (in 50 years)
  • 61.3 reward in each mined block
  • 4 times special hourly reward (mining for over a hour)
  • 8 times special daily reward (mining for over a day)
  • 4 minutes blocks
  • reduced every 2.5 years
  • zero premine - the developer was only started CPU mining today on the day when it's released

To start a new node, you will need to create a powercoin.conf, and setup the value of rpcuser and rpcpassword. The best way to assign a rpcpassword is to run powercoind from a command prompt (terminal), and it will generate a random rpcpassword for you when first run it, you can then copy that to powercoin.conf. An example simplest powercoin.conf should look like this:

    rpcuser=bitcoinrpc
    rpcpassword=12guwA4eu2aKENgFMaeVzpofdOUPpwqWCRzbaUh5FiG873

We need the community support to do the continual development of powercoin. Please let us know if you want to add your node as a default node for the network, and please tell us about the IP of your node through the GitHub issue tracking system:


As a developer, I was starting CPU mining almost the same time as others on the day it was released, and each mined block is rewarded 61.3, plus a special hourly/daily reward.

We still need charity to support the development, please donate if you want to support:

    * BTC: 1Fk8bqH9RGwXx9nDPX1BBLaDKBWH13JCKb
    * POWER: 5Yrqo39Y5uLJCaeh9zXoDscTqykaySiVXQ

To avoid duplication from the "powercoin (POW)", we decided to changed the symbol into POWER, all miners please update the wallet from the GitHub! All pools please change the symbol from POW into POWER to avoid confusion. It's not "powercoin (PWC)" either.

POWER to da moon!
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