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on: October 12, 2011, 11:53:30 AM

Assuming launch goes well, this might be the best of the GPU hostile currencies. It's the only one not ridiculously premined... I think full support should be thrown behind this coin, versus trying to keep Fairbrix alive. They are too similar overall, and Fairbrix has already been hacked... barely anyone is mining it now. For Litecoin to succeed we need to push for a pool first and eventually an exchange.

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on: October 11, 2011, 02:11:12 PM

Quote from: DeathAndTaxes on October 11, 2011, 02:01:53 PM Quote from: localhost on October 11, 2011, 01:58:51 PM Quote from: Lolcust on October 11, 2011, 01:48:30 PM Does your math account for the "compensation million" ? The worst part is, this BTC forum is the first (and only) place where I've heard about premining in SC 2.0. AFAIK no visible communication has been made about this on the SC forums...... The only positive thing is that I mined in SC 2 in 6 hours on crappy hadware about half as much as I mined in SC 1 in 2 weeks on better hardware. Can't wait to try Litecoin... How is that a positive? It essentially means any wealth (store of value) holders of SC 1.0 had has been wiped out by rampant monetary expansion. Their coins which took significant time and electrical energy are worth next to nothing. Which in turn doesn't bode well for the value of the "easy" coins. If you made more in 6 hours on crappy hardware how many coins do you think someone w/ 400 EC2 instances made? Still haven't seen any proof that anyone mined this with 400 EC2 instances. ~ 250k coins have been generated since launch. Looking at the number of coins I've mined with a couple of Phenom X6's, I seriously doubt any one person had that kind of hash power. I would have earned next to nothing if that were true. The fact that SC2 has no upper limit on coin generation should concern SC1 owners more than a few hundred thousand coins mined.

on: October 11, 2011, 01:22:33 PM

If it's true that only 1/2 the blocks are generates, it doesn't look so bad. That would mean ~ 250k coins generated in the last 12h.

on: October 11, 2011, 01:02:14 PM

Quote from: johnj on October 11, 2011, 12:54:20 PM Quote from: viperjbm on October 11, 2011, 12:51:41 PM Quote from: johnj on October 11, 2011, 12:50:35 PM Quote from: viperjbm on October 11, 2011, 12:37:40 PM Woke up to a working network with stales out at coinotron heading toward disappearance and the blocks per second rate falling as expected. Very nice. How's the "attacking" going? 5s blocks, you tell me 5x+ longer than when the "attacking" started... sounds like not too well at all. If the target is 180s/blk, then looks like there is quite a ways to go. How you think 5s blocks are 'normal' this long after launch is beyond me. Even TBX (which had a much-less hyped launch) reached equilibrium within the first 12hrs or so (I think). The TBX launch wasn't pre-announced. Not only that, but it was the first GPU hostile currency - people weren't set up to mine it. Different situation here. When you pre-announce a coin (see I0coin) expect people to slam it. The starting difficulty should have been set much higher. Still have yet to see any evidence of an "attack". What happened to the "chain reorganization"?

on: October 09, 2011, 10:19:30 PM

Seems to be fixed now

on: October 09, 2011, 10:12:02 PM

Mining with a Geforce 210 is pointless - you'll make something like .02 BTC in one month! That's about $0.08 - in an entire month - your power costs will far exceed this amount.

on: October 09, 2011, 05:29:53 PM

Not crazy about these newbie restrictions, but I guess if it keeps the other forums clean...

on: October 09, 2011, 05:28:58 PM

Difference between brands mainly comes down to warranty support and the cooler used for the card. I like the MSI "Twin Frozr" coolers, they keep the card cool without excessive noise.

on: October 09, 2011, 12:52:53 PM

Yes I am having issues connecting to US Central. My miners all switched to a backup pool

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