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Yes.  |
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Next week we undermine! OR the next. |
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HAHAH YES! I am going to undermine this coin soon very soon.  |
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meanwhile two people are effectively tanking the coin. why is this btw? dont understand how the exchange works? don't like money?
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I will test with you. ETA?
I'm not sure, I'll publish here when its open. I can send pm to whoever is interested. sign me up |
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Hey is the multi pool now for other algos and other coins besides just BTC now? Just wondering if I can point my miners that way again anytime soon  It should been done last week, but there are some delays, as the update to the pool will be extensive, we hope its done this week. I will test with you. ETA? |
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Any ETA on when scrypt mining will be ready? Feel like im missing out :-/
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Shareholder system does not work in the real world. Those who have money or influence already (guardian notes possibly) could be used to control the currency. Need to be finite, and simple. It makes no sense to hold on to the gold forever and let it sit there. If the extra gold were re-invested and pofits payed out to the current holders of XAU annually, that would fix the POS issue. Also there is about 55,000 dollars invested into this currency. Each XAU right now is greatly inflated by the crypto market already. And mining it at the moment is not profitable. So everyone is paying to create this coin. So if the second rule were changed to everyone with even a small amount has equal say in the coin. That would be better IMO. Also a business model needs to be created, and gold that is needed to back the currency held, and insured. Maybe burn XAU until there is enough to build a goldmining company? Then the company is owned by XAU holders. Should build infintely. And be completely democratic.
The mining is profitable (if you measure it in XAU, BTC or dollars) and holders get profits (measured in gold). Xaurum is not inflated because it isn't a 1:1 gold coin, it is an increasing commonwealth that uses gold to secure and increase value. A business model is already working (Auresco that buys stores gold gets rabate on gold purchases, miners get a discount, holders get more and more gold) so everyone is profiting from creating Xaurum. As for voting, both 1-coin-1-vote and 1-wallet-1-vote are insufficient as systems of decision making. When we get to that point (not soon), it will not be by a simple vote system, but some kind of deliberation scheme (to avoid being determined by capital interests and popular false opinions). Sounds great. Solid ideas. I had an idea I would like help from the mining community. There are these 200 dollar solar panels, you can buy at home depot. Turning sunlight into gold would be a great thing I think. Im not sure how to achieve this without connecting the panels to an already existing electrical system. Would like to have it running just the mining rig. I am no engineer, so was wondering if anyone knew how to achieve this without setting my house on fire. Any help would be appreciated. Thanks in advance. |
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Ok, so the plastic is not fake. How do we know you didn't just buy the plastic wrapper, then insert gold colored stuff? Could be candy for all we know. Then start a business that basically sells candy bars for a ton more than its worth. Start a website, start a mining pool, and blow air up our arses. All of which will ultimately fail, once someone melts some Xaurum. Seems like a ton of work for failure. But is it?
With all the coins that go through here that are basically copy and paste work, I can see the problem. Seriously tho, try saying what your thinking out loud. Then ask yourself, does that make sense? Worst that can happen for these guys now, is they end up with a currency that is worth nothing. Have a ton of gold, decide to try another currency or sell the gold. We as investors, if we dont dump the coin for a quick buck. Are basically in control now. There will be people that dont give a crap and dump the coin. Its up to the serious ones to not sell ever, or at least keep the price going up.
A serious question I do have though. Where is the business model or promise, that says you will never withdraw your gold from the coin? Or change how the coin works? If gold goes way up, you could just tank the coin and sell all the gold.
Interesting thoughts. Similar to my own. Disclaimer: If everything coin authors are stating is true, I believe this coin is by far the best digital currency possible. It is state of the art technically, backed fully by gold and creates additional value for all stakeholders all the time (owners, miners, traders, ...). My understanding of this coin: 1. there is an official registered company - institute behind it. One of their tasks is to store the gold for the owners of XAU (the physical gold belongs to XAU owners). If they steal the gold, they automatically go in jail for a long long time. 2. compared to all other coins on the market, this one is the only one with clearly defined base value. It is backed by gold and the quantity of gold behind every XAU grows all the time. 3. the base value of XAU grows with market coinage. 4. a smart person would do two things: - buy and keep XAU (please look at the trend of growth of value of gold behind every XAU) - buy everything below base value, melt it into gold and sell the gold (it would be cheapest gold in the world) I believe that coin creators have two solutions for your serious questions: 1. the gold will be stored in mints and every owner of XAU will be able to melt XAU directly in mints. Auresco will have nothing to do with it, because direct link between XAU owners and their gold will be made. 2. The coin rules are set and will be adjusted only based on voting system. Votes will be linked to amount of XAU owned by a voter. Again, the coin creators will participate only with their shares of XAU. What do you think? Shareholder system does not work in the real world. Those who have money or influence already (guardian notes possibly) could be used to control the currency. Need to be finite, and simple. It makes no sense to hold on to the gold forever and let it sit there. If the extra gold were re-invested and pofits payed out to the current holders of XAU annually, that would fix the POS issue. Also there is about 55,000 dollars invested into this currency. Each XAU right now is greatly inflated by the crypto market already. And mining it at the moment is not profitable. So everyone is paying to create this coin. So if the second rule were changed to everyone with even a small amount has equal say in the coin. That would be better IMO. Also a business model needs to be created, and gold that is needed to back the currency held, and insured. Maybe burn XAU until there is enough to build a goldmining company? Then the company is owned by XAU holders. Should build infintely. And be completely democratic. |
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Ok, so the plastic is not fake. How do we know you didn't just buy the plastic wrapper, then insert gold colored stuff? Could be candy for all we know. Then start a business that basically sells candy bars for a ton more than its worth. Start a website, start a mining pool, and blow air up our arses. All of which will ultimately fail, once someone melts some Xaurum. Seems like a ton of work for failure. But is it?
With all the coins that go through here that are basically copy and paste work, I can see the problem. Seriously tho, try saying what your thinking out loud. Then ask yourself, does that make sense? Worst that can happen for these guys now, is they end up with a currency that is worth nothing. Have a ton of gold, decide to try another currency or sell the gold. We as investors, if we dont dump the coin for a quick buck. Are basically in control now. There will be people that dont give a crap and dump the coin. Its up to the serious ones to not sell ever, or at least keep the price going up.
A serious question I do have though. Where is the business model or promise, that says you will never withdraw your gold from the coin? Or change how the coin works? If gold goes way up, you could just tank the coin and sell all the gold.
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The difficulty is crazy high sometimes. Why is this? You just launched and I need 100MH to make a dent in the block. Great idea tho. Bad choice for picture of company on your new wallet. I understand if Monsanto bought them it would have brought money. But wow, there are so many other better choices. Dafuq.
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Can we get some other alt coins to mine? Litecoin is good but there are some more profitable ones. And some that need some support  42 coin & Novacoin I was thinking. Thank you for all your hard work guys. The new pool will get some more profitable coins. Thanks for mining. I wonder when I can again undermine this currency?  ?? I hope you mean mine hehe, the ETA is around 14 days. ^^ ha! his diabolical plan can not wait any longer... |
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Can we get some other alt coins to mine? Litecoin is good but there are some more profitable ones. And some that need some support 42 coin & Novacoin I was thinking. Thank you for all your hard work guys. |
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mine are staking, think it was the two week mark.
Somebody has a shit ton already tho, 15,000 days for a stake. whats that 45 years. hmm wonder if i will be alive.....
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So quick question..... We can still mine Xaurum? If so where and is it SCRYPT algo for the mining? Cheers
multipool.aurumproject.io check the getting started page. scrypt, x11 and sha 256 by the look of things. |
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I think i got jipped. I made less than half the day before. Two days in a row made almost the same amount. 7/11 not even close. any ideas?
This last payout we didn't find much blocks, and before we found lots ... Mining is searching for random drops, you should look at the averages. Correct, also we had some payouts from yesterday that carried over to the pay run that happened earlier today. We currently have 1LTC block pending and it is important to note that LTC has taken a dive in value since the last last big payout. I got the other half this morning. Premature bitching. Sorry , and thanks for the update.  |
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I think i got jipped. I made less than half the day before. Two days in a row made almost the same amount. 7/11 not even close. any ideas?
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WOoht!
So I am mining at about a steady 9MH, getting about 0.018 XAU every 24 hours. For the last two days. People have been destroying the coin with nicehash on cryptsy. So far tho, no complaints. STOP dumping the coin people!!! The coins are POS, your wasting everyone's money. That includes your own.
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Haha, gets butchered, comes right back. Dev, am interested in gold, please update when more is available. Thanks.
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People who think this coin is not worth anything. Look at their website again. And please stop dumping this coin for a tenth of what it is worth. My advise to the dev, take the cloud mining store away. You know people are using this coin to cloud mine it. Dump it, then start on something else. Rinse, repeat. They have their own coin now anyhow. But take payment with yours. That is weird.
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