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1  Alternate cryptocurrencies / Mining (Altcoins) / Best alogorithm for widespread adoption? on: March 09, 2014, 04:33:12 PM

I am making a coin that I want to get picked up by a target group that is not necessarily the readers of this forum.

I am thinking of a coin payout that grows over time before tapering to ensure ppl can get coins even after it has launched relatively easily for the first year and then will taper off.

Something like this:
block payout = 2^N where N = the number of the day for the first year.

after 1 year block payout would reverse.
block payout = 2^(365-N)

Then I need to figure out transaction costs to keep the network running.

I know this creates strange incentives to not mine upfront, but I am not targeting this coin at bitcointalk users, I am targeting hobbyists and widespread adoption. I am intentionally making it unattractive to those that would throw a ton of power at it the first week so they can mine and dump.

Most likely the coin will be cpu only or some other method to encourage standard users instead of professional miners/traders.

Where is the best place to discuss these ideas with others?

2  Alternate cryptocurrencies / Mining (Altcoins) / How can I setup P2Pool for the next altoin released? on: February 13, 2014, 09:40:01 PM

I am trying to figure out how to setup p2pool for the next altcoin that gets released.

Scenario: Day of launch - new litecoin clone comes out and there are no great pools available.

How would I startup a p2pool? That is I want to start the pool up myself.

Suggestions? Links to a guide or howto for linux?

3  Other / CPU/GPU Bitcoin mining hardware / Good inexpensive power supply for 3 cards? on: February 10, 2014, 09:12:52 PM

I need a good and not terribly expensive PSU for 2x R9 270 and 1x 78750.

My current 500w PSU will not do even 2 of the 270's.

In theory it should power all 3 but I cant figure out the rails argument. Let me know if you have a solution.

Thanks in advance!
4  Bitcoin / Mining speculation / Sell or Keep the Jalapeno Butterfly Asic on: November 10, 2013, 03:46:45 PM

My Jalapeno finally arrived and is cranking out at 8.4 GH/s.

Last week when the price was at $200 bitcoin I was definitely going to sell on ebay, but now that we are hitting $400 and difficulty started leveling off, I am reconsidering.

I purchased my unit for $274 and I think I am minting @ $3 a day.

I could get $375 on ebay for a 1 day old jalapeno. - Opinions? Links to calculate keep or sell?

5  Other / Beginners & Help / Does litecoin take more electricity to mine than bitcoin? on: April 20, 2013, 02:02:36 AM
Does litecoin take more electricity to mine for it that bitcoin or are they the same?

Are there any energy efficient coins to mine?

6  Other / Beginners & Help / Idea for a community Store on: April 19, 2013, 01:29:26 AM

I have experience making eCommerce websites and I am tossing around the idea of making a community store that accepts bitcoins.

I would do all the work and put up the store and allow you to sell items through the store for a nominal fee.

I think the best items would virtual such as ebooks, music, and currencies as there would be no shipping costs associated.

What do you think?


7  Other / Beginners & Help / new user new website on: April 19, 2013, 01:21:07 AM

I am new to the cryto currencies but a fast starter.

I am building a bitcoin faucet at

It doesnt work yet, but let me know if you want to help beta test it.

I may make a faucet for other currencies, if someone wants to bankroll me with currency to give away. 

My background is in network infrastructure and programming, but currently I work in project management coordinating work among developers and network techs.

I have quite a bit of experience running high availability websites, including streaming to 75,000 simultaneous users and 500,000 monthly users.

The website I built in 2000 was nominated for a webby award.

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