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Thank you. I am using the latest 1.11 firmware and the difficulty is set to 8192, so the latest improvements on the Titan side did not help. I use Vardiff and it seems to work just fine with 1.11. 1.10 made my die randomly get sick forcing me to have to restart the system to get them working again. But things have been running nice with 1.11. I just hope we get scrypt-n or any of the x11,x13 ect ect to help beef up profits. $27 a day kind of sucks. |
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So in theory:
Batch 1
Titan = 2500 * 300 = 750gh
Mini = 1200 * 150 = 180gh
Subtotal: 930gh
20% overclock: 186gh
Potential: 1.1ph
Batch 2
Titan = 2500 * 400 = 1000gh
Mini = 1200 * 200 = 240gh
Subtotal: 1240gh
20% overclock: 248gh
Potential: 1.48ph
Litecoin just saw a +16% increase in diff. Wtf? Well hopefully its just KNC doing 24 to 48 hour burn ins on the Titans they are done with and are ready to ship after their testing. Lol... One could hope. |
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Vesperwillow, I think those estimates are high. Very high. But I do appreciate the dark humor ...  Wasn't KNC's Titan 1st batch ~ 2500 machines ? I checked periodically to see how many were available and IMMSMC there were ~ 900 remaining when they introduced batch 2. So lets say 1st batch was 1600 * 300 mh/s == ~500 gh/s total for 1st batch.
Dunno how many minis were in batch 1. I always got the impression that they introduced the mini to try to get rid of some of the Titans they couldn't sell.
From what I remember awhile back: Titan Batch 1 (Sep delivery) was 2500 (which got sold out) Batch 2 (Oct delivery) was 2500 (with some open right now) Mini Batch 1 (Sep delivery) was 1,200 I believe (which got sold out) Batch 2 (Oct delivery) presuming same as above, but not sold out There was rumor some elect folks got a special deal of Batch 1 Titans for cheaper than others and the quantity wasn't part of the 2500, but that's all speculative. So in theory: Batch 1 Titan = 2500 * 300 = 750gh Mini = 1200 * 150 = 180gh Subtotal: 930gh 20% overclock: 186gh Potential: 1.1ph Batch 2 Titan = 2500 * 400 = 1000gh Mini = 1200 * 200 = 240gh Subtotal: 1240gh 20% overclock: 248gh Potential: 1.48ph Batch one did not get sold out, last i checked before they announced the batch two and discontinued the ability to check/order batch 1s they still had over 900 batch one units left. |
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It's still going down. It's crazy, everyone is selling  Calm down chicken little, its been trading for less than a week. Wait a month or two before you start pissing your pants. |
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Batch 1 customers need bonus miner, otherwise this is not fair to us.
It's actually batch 1 & 2 who get the bonus miner, though I think they should give us 2 bonus miners they did take even longer to start shipping them after when they promised them. I could be wrong but i am pretty sure he was talking about Titans and batch 1 and 2 are not getting anything extra except for a big FU. Lesson learned, never pre order anything lol.. |
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Batch 1 customers need bonus miner, otherwise this is not fair to us.
Hell at least a mini.... |
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with the given power at 1160 watts should I settle for 1250 power supply or do I have to buy a 1500 one to be safe?
I will use an Antec 1300 platinum. I have four of them i had used for my short lived gpu farms so I will probably keep two and ebay the rest. The fact that KNC is claiming the Titan will have the ability to mine other scrypt algos is very interesting would be nice if they posted a list of all the algos they can already confirm they successfully minend. Because with their reputation i am forced to call BS for now. Sounds like a sales plug to trick people into buying the batch two paper weights. |
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I think the most pressing problem is the lack of coders here. Unfortunatly, we cannot magically create them by demanding it from the community.
that and the fact that the people with "skills" seem to be the ones who don't have much Karma.. and the ones who have huge amounts of Karma are not willing or able to put their skills to use for the good of their own holdings. it seems like 80% of the Karma is controlled by people who do not talk.. which incidentally is the reason why I don't mind if they dump.. keep on dumping and letting me buy those cheap coins until I have enough to make it worth my while to put huge amounts of effort into helping to grow the coin. PS.. if I had a billion karma then I would be all over this coin with enthusiasm.... but since I don't have that many coins, I'm limited in how much time I can contribute. limited by how much it benefits others way more than it benefits me. Funny now imagin if Kosmost shared your thought process. This is not directed just at you but unfortunately your thought process of why should I help if it will help others more than me is unfortunately shared by many and in my opinion goes against what Karma stands for. I truly belive Karma would be way further along if we had more selfless people volunteering their skills, even if on a small bases. A lot of small part time help from many adds up to the expidited accomplishment of projects with less stress and strain on just a small few. But in the end you can't force people to want to help they have to decide on their own if they want to help or not. |
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Greetings, We raised a total of 10,003,764.5467 KARMA during the Karma World Cup charity pool for the Street Child World Cup. I was waiting to sell the Karma and transfer the donation in fiat and the price of Karma has not been cooperating So, instead, I simply purchased the Karma today by giving a donation of 25 GBP sterling ($41.27 USD) and will transfer the Karma to my personal wallet. Currently at 87 Litoshi, the remaining 10,003,764.5467 was worth $40.76741 Here is the donation completed today.  Transaction ID for movement from Karma World Cup wallet to my personal funds. ee27036ea3cbc125901dcd1ae97bb43784fb62aa6335468c020855558d8e39b6 Thanks again for everyone who played. A big thanks again to Javi who built that beautiful site. We will have to do it again next World Cup 2018! Maybe do a Rugby World Cup next?  Best regards, Shawn Awesome, good work Shawn on the organization and implementation of that project. Hopfully we will more than double our donation next time. |
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Even if I could, it would not make sense to do that
why wouldnt it? if there was a legit offer and made public then rejected things would be in a much better place of good karma and value
I heard Carl Sagan once speak of a strange universe where no one was ever satisfied. No matter what they asked for and received, they always thought of something else to ask for. Good thing we don't live in such a world I'm almost beginning to feel as though I should not have spent thousands of my own money pursuing it (in travel and other related expenses). But, alas, it is my nature to be of service. However, I do have my limits. Accusations and other misplaced conjectures are beyond annoying, as are whigning and complaining about a free ride that never showed up. A few weeks ago I asked people who were complaining about Karmashares if they'd like to put their name down as the responsible person then they can do it how they want. Of course, no one responded that they could or wanted to. Sometimes you just have to say "STFU" and move on. Other times, you crack open a beer and watch the kids fight with themselves. Kosmost, crack open that beer, sit down, think about what you could do best with any projects laying on the shelve, buy yourself some nice dinner and work them out wiith the teaam and the community whenever everyone is ready. This must be frustrating for you, but people seem to forget that if you would be gone for half a year we would be in trouble, even if the rest of the team is working hard. Lill will be sold eventually, but that sell must not include the sell of you too, you are wished to be here. Addition: we need you Man... I will gladly pay Kosmot a nice dinner + drinks anytime if I ever have the opportunity to do so. Only the guys that have been doing some work (even small stuff...) for karma/karmashares can truly appreciate the effort Kosmost has been putting on the project. I second and third that. |
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ROFL, I call this suicide. How is holding on to a million dollar project which can bring big value to the coin suicide? Who say that lill.com is a million dollar project? Or why do you think it is worth million of dollars? Well i guess time will tell. At least now we will see who was here for Karma and who was here for a perceived easy payday. Yea i too would would have made good cash on a sell but I also believe in the future of Karma and its potential to bring in even bigger profits down the line. So in short, to each is its own. |
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ROFL, I call this suicide. How is holding on to a million dollar project which can bring big value to the coin suicide? |
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Well i guess that gives us time to continue working on LiLL and making it more valuable. |
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this got to be a hack of some one account. Possible on mintpal. Strangely enough PND seems to also been gone on huge dumps and i cant find anyone on their forums to give a valid reasons.
like i said. on august 30 i got an email of "failed loggin" from mintpal. Perhaps they got lucky with some one old account that doesn't check on karma often enough to realized he has been hacked.
.........
thoughts
They hardly hacked 2 accounts with karm both on Mintpal and Cryptsy. When I was promoting KARM on crypty chat a month ago, someone told me, KARM has very small group of people holding many billions coins and distribution is not healthy. He was right, now we know, someone had more than 5 billion KARM and he probably have lot more. He dumped more than 3 billion and withdrew 2,2 billion, plus he has at least another 500 million on Crypty I observed he was playing with. Doesn't matter if someone from KARM team is scammer or not, it is time to publish the announcement as was promised. Alright calm your titties. You love to throw the "scam" out so easy. But i am getting tired to read it. Please delighten us and show us how a team members could be "scamming" ? here is a fact that we have constantly been repeating. "Kosmost has not shared any of his news with anyone on the team. from the first announcement. the same on seconds announcement  and so will be the third." I have to be online just like you and wait to see when komost will post. I dont know the time he will do it either. All is unknown to minimize inside trading. here is an other obvious fact. selling at 14-50 litoshis is a loss. as you can see. There is enough karma believers that would quickly raise the price to at least double. what is happening could simply be a big whale quiting , hacked accounts , or dump manipulations. "i don't like something! scam!!!!" Sorry for that, but there is lot of people waiting for announcement. It is 1.st September. Is there any reason not to publish the info now as promised? It is the only think which can calm everybody down:) People playing chicken little will not help Karma at all. Getting your hopes up that Kosmost is going to announce your winning lotto ticket numbers isn't either. All Kosmost said was that an announcement was going to be made on the first. He never said it was going to be the sell or lack there of LiLL. Last i remember we received a second offer on the LiLL sale which was not worth voting on because it included Kosmost working for the buying company for free for a year from the day of the close. So while i too don't have a clue what this announcement is about all i am expecting is word of a third offer or lack there of. I would be very, very surprised to get word on any sell. As far as the big dumps go, i can tell you it was not me and i too am very concerned as these sells make no sense at all. I too think they are malicious in nature and am trying to investigate them like most of you. To my knowledge Mintpal nor Cryptsy have replied to multiple emails from various people. So if you do get any tangible info on wtf is going on with these dumps please let us know. He said he was working with the vc on a solution for this... Exactly which means working out a third deal that will get him off the hook but still be worth wild to the sell. So if he was successful he will probably share the good news and the specifics of the new offer if not he will probably share the bad news that no agreeable solution could be reached. Thats why i say again all i am expecting is word on a third offer or lack there of. But i could be wrong. |
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this got to be a hack of some one account. Possible on mintpal. Strangely enough PND seems to also been gone on huge dumps and i cant find anyone on their forums to give a valid reasons.
like i said. on august 30 i got an email of "failed loggin" from mintpal. Perhaps they got lucky with some one old account that doesn't check on karma often enough to realized he has been hacked.
.........
thoughts
They hardly hacked 2 accounts with karm both on Mintpal and Cryptsy. When I was promoting KARM on crypty chat a month ago, someone told me, KARM has very small group of people holding many billions coins and distribution is not healthy. He was right, now we know, someone had more than 5 billion KARM and he probably have lot more. He dumped more than 3 billion and withdrew 2,2 billion, plus he has at least another 500 million on Crypty I observed he was playing with. Doesn't matter if someone from KARM team is scammer or not, it is time to publish the announcement as was promised. Alright calm your titties. You love to throw the "scam" out so easy. But i am getting tired to read it. Please delighten us and show us how a team members could be "scamming" ? here is a fact that we have constantly been repeating. "Kosmost has not shared any of his news with anyone on the team. from the first announcement. the same on seconds announcement and so will be the third." I have to be online just like you and wait to see when komost will post. I dont know the time he will do it either. All is unknown to minimize inside trading. here is an other obvious fact. selling at 14-50 litoshis is a loss. as you can see. There is enough karma believers that would quickly raise the price to at least double. what is happening could simply be a big whale quiting , hacked accounts , or dump manipulations. "i don't like something! scam!!!!" Sorry for that, but there is lot of people waiting for announcement. It is 1.st September. Is there any reason not to publish the info now as promised? It is the only think which can calm everybody down:) People playing chicken little will not help Karma at all. Getting your hopes up that Kosmost is going to announce your winning lotto ticket numbers isn't either. All Kosmost said was that an announcement was going to be made on the first. He never said it was going to be the sell or lack there of LiLL. Last i remember we received a second offer on the LiLL sale which was not worth voting on because it included Kosmost working for the buying company for free for a year from the day of the close. So while i too don't have a clue what this announcement is about all i am expecting is word of a third offer or lack there of. I would be very, very surprised to get word on any sell. As far as the big dumps go, i can tell you it was not me and i too am very concerned as these sells make no sense at all. I too think they are malicious in nature and am trying to investigate them like most of you. To my knowledge neither Mintpal nor Cryptsy have replied to multiple emails from various people. So if you do get any tangible info on wtf is going on with these dumps please let us know. |
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I am sure simple solution can be implemented that would void exchanges taking advantage of our LLC. Something as easy as an automatic process where coin holders can sign messages that they own that wallet. Just like the shareholder have had to do so far. As the technology advances in cryptoworld it is becoming easier and easier to secure your coin and provide proof of ownership.
As socoban told before, that does not work. Because the owner (or someone else with access to the exchange wallets) could sign messages like any other normal Karma holder. With requiring them to sign a message they fully agree to the TOS. The TOS would easily nullify these services from profiting while holding the coins of their customers . if some exchange decided to register register and sign the message they would break the law and also come off as shady and would probably loose street credits. We would also have people audit who ever sign up as well. starting from the highest investor and down. No, the exchange would not loose "street credits" because the exchange owner could setup cold storage wallets in a way they looked 100% similar to normal wallets of normal users in the blockchain. And if some ID was required from them, they could just say the wallets are from their distant cousins... and provide their ID...lol The only way out of this is to end the 30+ day thing.... In my opinion we should announce the end of the 1.75x bonus period now (or close to now), with the extension of 2+ weeks so that people that really want to be part of Karmashares have time to buy shares. No no. i was just pointing out that we can find a working solution to POC. No way i was saying POC is okay to stay. Priority goes to the KarmashareLLC and Kosmost safety. Until we have a clear and legal representation of the SEC laws and making our offering of POC legal, i am for temporarily removal of POC feature from the LLC. SEC is serious business. They are going after all kinds of bitcoins services. Especially IPOs. if you are worried about the SEC then you really shouldn't be investing in Karmashares at all. this argument about people (legitimate or otherwise) getting free Karmashares for holding coins has absolutely nothing to do with SEC rules and seems to be more about people trying to maximize their own payouts. I note how people are arguing about the legalities of Karmashares now that there is 2.5 million dollars up for grabs and yet barely anybody was arguing about the legalities back when it was launched. the SEC does govern all types of Investment schemes whether they are registered securities or not. so it really doesn't matter if you bought Karmashares or were given them for free you are still operating in a very legal grey area under the umbrella of the SECs protection. the SEC is there to protect consumers from scams and and dodgy investment schemes not to stifle innovation. So far Karmashares LLC has acted transparently and in good faith. if the SEC decides to focus on Karmashares then this will be taken into consideration. I believe that as long as Karmashares LLC continues to act in good faith.. i.e protect the investments of its legitimate investors.. then it wont have much of a problem in the future. In a recent case involving Satoshi Dice which was an unregistered bitcoin company owned by bitcoin investors the SEC did get involved. It should be noted however that the penalty was quite a small fine because Erik had acted in good faith towards his investors and bitcoin is in a legal grey area. http://www.cryptocoinsnews.com/news/us-sec-fines-erik-voorhees-unregistered-bitcoin-ipos/2014/06/03So before anyone else decides to hit the panic button and start claiming that everything is illegal I would urge you to read up on the subject and come to a more informed conclusion. DISCLOSURE: I am not a karmashares holder but under the current rules I should be able to claim some karmashares because I followed the rules. I am a long term supporter of Karma (the currency and its community) I take issue with people trying to change the rules seemingly to benefit themselves at the expense of others. Issues have been raised and there are very simple changes to procedure and tightening of the rules that could mitigate the negative effects of any such issues. At the very least this issue should be proven to exist before action is called for and any action should be put to a vote by all current Karmashares investors and not random thread commentators. (this would currently also exclude my vote but that's the proper thing to do) Come on guys how about some common sense before we start flooding the thread with scaremongering comments? my advice to anyone who is afraid of the SEC, IRS or any other legal enforcement organisation... its quite simple.. do not invest and do not use crypto currencies... What are these simple changes you speak of, please share. |
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Now that we have achieved our goal of a smooth transition into our new X11 algo we now need to find ways of building value. A good way to start is by determining what target market would benefit most from Karma. In order to get a better idea on whom our target market might be we are going to need to do in depth research to help better identify our target market based on research based fact and not assumptions or personal opinions. I would like to ask our community to join us and help us find articles of actual research that has been conducted on Alternative Economies especially if they incorporate Bitcoin or Altcoins in their research. Any articles you might know of or can find would really help us in our information gathering efforts. If you do have a good article or find one please post the link on this reddit thread www.reddit.com/r/KarmaTeam/comments/2cg8kg/we_need_help_with_some_research_and_information/ Thank you in advance for your help. The more eyes we have searching, the faster we can implement fact based information in our value building thought process. |
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Can i send my current Karma from my mining pool directly to the new wallet? or should i send it to Mintpal?
Yes, i have sent karma from a pool to my newly updated wallet with no issues at all. |
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altcoingood. Is your p2pool all set to mine X11 ?
yes i have x11-stratums running in test here. after block 254,999 and before block 255,000 i will switch from scrypt to x11. automagically. _minimal_ downtime both mpos and p2pool are ready with backup stratums on both (backup stratums in another datacenter than primary stratums). i can handle up to 16,000 clients on the current setup. doing good is good. Just so i properly understand, the address and port info will reamin the same stratum+tcp://p2pool.altcoin.dk:9435? |
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So I updated my wallet from v0.8.6.2.4-g000002-beta to v0.8.6.3-beta. The new wallet syncs without problem but it shows 0 coins. Why?
When opening the old wallet all my coins are still there.
Try downloading the newest wallet v0.8.6.5, i downloaded it opened it up and poof my coins were there. If that doesn't work let me know and i will tell you the more complicated way of doing it. I would strongly recommend opening your old wallet and backing up your wallet.dat file before you do anything. The easy way should be to,open your wallet, then on the top task bar there should be a drop down simply choose back up wallet and pick somewhere safe. I always back mine up to a thumb drive i keep in my gun safe just incase my computers get stolen or crash. |
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