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Would be shame if we would let this one die. At least the concept is slightly innovative and the coins' name is good. The launch was fair, I could mine it from the start without any issues. I don't see the 1%, 700 mil pre-mine as such a big deal.
Other coins that were perceived as scams by the community with messed up launches are now relatively successful, see Max, see quark etc. Dev just needs to adress the issues and hire someone to get a decent marketing going for this coin.
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PoS is awesome. I just want to know how we know this is one? Where's the proof? DEV could up and walk away in 5 weeks and leave everyone holding the bag. I've noticed asking questions on here doesn't do too much good though. Everyone seems to have rainbows shooting out of their a** dev stated premine was 1 %, 70 million. At 5 satoshi he won't go very far with that and the biggest whales on hashstrike (80,000 kh/s) mined 50 millions / day until recently (at least reportedly)
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somethings strange on hashrapid, been mining there for an hour now with 450 kh/s and only got 75 coins (and none unconfirmed) for it at diff 12, usually it's at least 5000 /hour on other pools.
Nothing in an hour, I'm hashing & connected to the stratum :/ I suppose it's just really backlogged and will take a few hours to catch up.. hope so. never had problems with this pool before
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somethings strange on hashrapid, been mining there for an hour now with 450 kh/s and only got 75 coins (and none unconfirmed) for it at diff 12, usually it's at least 5000 /hour on other pools.
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Current Difficulty 14.69074237
Wtf went down alot of people are leaving.
Big hashrate fluctuations, is there any multipool milking (pun intended) this coin? This hashrate fluctuations seem to have been there since the start. It's jumping between 1.5 and 5 Gh/s, difficulty goes down to 14 and then up to above 30 again. Personally I don't mind if the rate goes down from time to time (instead of steady upwards), I'm only mining on a single card.
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What is planned for today: -Facebook giveway payouts should have started already, be patient, you will get your coins -launching the Twitter giveaway -contacting at least one exchange with a good reputation I plead for coinmarket.io, #n+1
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Read through the OP, this coin has a great concept!
what happens after 5 weeks. All miners will leave, no one is going fight for 1 mint. How is this supposed to work? Google for Proof-of-Stake Algorithm. After 5 weeks new coins are generated as a form of interest, no need for miners. The network will be secured even without miners. When holding a certain amount of coins for a certain amount of time in your wallet, new blocks will be generated automatically from it. the question is who will process SEND transactions. I suppose it works similar like with Nextcoin, which is explained here: http://bitcoin.stackexchange.com/questions/20007/how-does-proof-of-stake-mining-workIn Nextcoin, proof of stake is used. So the "mining" process there is just about holding coins and leaving your computer on. It doesn't involve powerful CPUs.
Each block (every 60 seconds), a random Nextcoin is selected to be the next "miner". There are 1 billion coins so the odds of a single wallet being selected is the number of Nxt in that wallet divided by 1 billion. (Also, it's possible to calculate and agree on who that node is so the transactions need only be sent to that particular wallet.)
If a node with the selected wallet is running, it will collect the transactions, make a block, and send it to the rest of the network and collect the fees. If the computer is turned off, however, then the entire network will have to select a different nextcoin to make the transaction. This time, the unresponsive wallet will be ignored. The network would suffer in that the time to make a block is decreased, but the thought is that people wouldn't leave their computers off if they have a lot of NXT because they're missing out on all the fees that they could have collected.
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Read through the OP, this coin has a great concept!
what happens after 5 weeks. All miners will leave, no one is going fight for 1 mint. How is this supposed to work? Google for Proof-of-Stake Algorithm. After 5 weeks new coins are generated as a form of interest, no need for miners. The network will be secured even without miners. When holding a certain amount of coins for a certain amount of time in your wallet, new blocks will be generated automatically from it.
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I get a "cgminer.exe --scrypt: unrecognized option" error message. What can I do? My bat file: color 02 setx GPU_MAX_ALLOC_PERCENT 100 C:\Users\user\Downloads\cgminer-3.9.0-windows\cgminer.exe --scrypt -o stratum+tcp://mnt.allpoolz.com:3333 -u workerlogin -p workerpassword Thanks I think scrypt is only supported up until version 3.7.2 of cgminer
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Every proof of stake coin I know of has done relatively well so far, hasn't it? Nxt is at 5 cent, Peercoin at 4.7 $, as soon as a PoS is worth something there is less incentive to dump it all, since you will earn interest on it. Here you can have some fun with mining until it turns into almost pure PoS, I like the concept. If the devs keep working hard on it, this could be a really good coin.
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I had some syncing problems too but they resolved themselves just have to leave it running for a bit. Can only speak for the linux wallet, though
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**** BUYING MINTCOIN **** Offering 6 satoshis, willing to negotiate. PM me Maybe 10 satoshis is the appropriate price. There wouldn't be a total networkhash of 5.8 Gh/s on the second day if this was only worth 10 satoshi per coin.
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4,1 Gh/s network hashrate is not bad for a coin that was announced a day ago
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If crypto exchanges adopt PoS coins, does that mean it will generate interest for them if people leave it lying there for a while, hoping for prices to go up? If so, should be added to some exchanges ( with 20% interest), shouldn't it?
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I really tried but fuck it I'm out, better ways to waste time
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people are mining on rocketpool: http://max.rocketpool.co.uk/index.phpNetwork Info Difficulty 0.00390625 Est Next Difficulty 0.00432031 (Change in 1591 Blocks) Est. Avg. Time per Block 2 minutes 15 seconds Current Block 425 yet no info on tratum+tcp adress on the site
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I have a Sapphire r9 270x but just can't get over 75 kh/s without HW errors. It's strange I can't set a thread concurrency over 1024. I thought TC was a multiple of the shader count. My gpu has 1280 shaders and I can't even set thread-concurrency=1280 ? It gives me "Error -61: clCreateBuffer, <padbuffer8>, decrease TC or increase LG" I'm on windows with the modifed cgminer 3.7.2
try to use setx GPU_MAX_ALLOC_PERCENT 200 (or even bigger number). I use vertminer and directly execute the command above. I don't use vertminer.conf to set the parameters, it makes a lot of troublesome. For example, setx GPU_MAX_ALLOC_PERCENT 100 can not be active if you use vertminer.conf, even if I separately execute setx GPU_MAX_ALLOC_PERCENT 100 before running vertminer. But for my 280x system and 7850 system, I can use vertminer.conf. Thanks, but GPU_MAX_ALLOC_PERCENT 200 didn't help. I finally managed to double the rate by setting GPU_MAX_ALLOC_PERCENT ""With that I'm getting 155 kh/s , WU: 144.2/m, no HW and hardly any rejects conf is: "scrypt" : true, "gpu-engine" : "1100", "gpu-memclock" : "1500", "intensity" : "12", "gpu-threads" : "1", "shaders" : "1280", "thread-concurrency" : "4096", "lookup-gap" : "2", "worksize" : "256", I think there's still more possible, will be trying it without the conf file
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Is it just me, or have none of the pools found a block in the last hour or so?
can't get any connection to two of the bigger pools bitcrush and vtcpooluk, the other I didn't try yet seems impossible to mine this thing
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