Litoshi
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April 19, 2015, 10:10:47 PM |
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What you're saying is that you wouldn't want bitcoin miners to have a vote when those miners are the ones that cause the most destruction given the volume of mining. We disagree.
GPU mining is a joke compared to the power behind the bitcoin network. The economic design of this coin took this scenario into account.
If a major bitcoin mining farm wanted to have a say, we allowed it.
That's no joke.
Well, considering that the ASIC farms are located in Central Washington state (Hydroelectric power from Grand Coolee Dam 1 cent KWH); Iceland (geothermal power, cooling by outside cold air, at 2 cents a KWH) and the mountains of China (Nuke power with outside cold air cooling), there isnt much distruction going on there. Perhaps you think that the ASIC farms are cutting down trees and burning wood for electricity?
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morrisonsa
Member
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Activity: 112
Merit: 10
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April 19, 2015, 10:18:45 PM |
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Just a super small theory.
The reason your network hash showed 130phs, is because you got attacked, or you have a backdoor in your code that you utilized. The explorer read it as 130phs because that would have been the amount of network power required to generate the blocks in that amount of time given no diff, or no diff change.
Because, I would GGGGGGGGUARANTEE no one with access to 130phs would even have looked at your coin. That amount of revenue lost would have been astronomical.
So tl:dr you didn't really have 130phs, thats just a system calc for those mysterious 7k blocks.
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BitSeedsFoundation (OP)
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Activity: 28
Merit: 0
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April 19, 2015, 10:27:59 PM |
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It's still on the network.
I invite anyone to check the blockchain for the evidence, as I have stated before. Proof of stake networks cannot be time warped. The code is on GitHub.
The blockchain is difficulty is being manipulated in just such a way that other pools are hitting blocks in the mayhem.
If one wanted to be positive about things it would not be out of line to suspect that this individual is sharing.
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BitSeedsFoundation (OP)
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Activity: 28
Merit: 0
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April 19, 2015, 10:38:38 PM |
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What you're saying is that you wouldn't want bitcoin miners to have a vote when those miners are the ones that cause the most destruction given the volume of mining. We disagree.
GPU mining is a joke compared to the power behind the bitcoin network. The economic design of this coin took this scenario into account.
If a major bitcoin mining farm wanted to have a say, we allowed it.
That's no joke.
Well, considering that the ASIC farms are located in Central Washington state (Hydroelectric power from Grand Coolee Dam 1 cent KWH); Iceland (geothermal power, cooling by outside cold air, at 2 cents a KWH) and the mountains of China (Nuke power with outside cold air cooling), there isnt much distruction going on there. Perhaps you think that the ASIC farms are cutting down trees and burning wood for electricity? This project is in regard thinking about the world as a whole. If one wants to speculate on the motivations for the individual who is currently on the network then positive speculation is as equally valid as negative speculation given the facts available. I choose to be positive. Perhaps this miner is making a statement for all miners of every algo.
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garthkiser
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April 20, 2015, 12:46:57 AM |
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Holy wow, I'm so curious as to how we are nearly at block 15,000. In a year and a half of crypto I've never seen a blocktime discrepancy this extreme. A great mystery here.
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worth
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April 20, 2015, 01:35:17 AM |
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Weird how much the difficulty is bouncing up and down. Was seeing some odd numbers on Maxmining (unknown block finder; 0% shares) but they seemed to fix themselves after a few minutes.
Will be very interesting to see how things go over the course of this week.
Edit: the pool seems to be getting more of the odd null/unknown block finders and 0 shares.
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gdavis024
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Activity: 179
Merit: 100
Fighter of the Dayman
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April 20, 2015, 01:41:47 AM |
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Weird how much the difficulty is bouncing up and down. Was seeing some odd numbers on Maxmining (unknown block finder; 0% shares) but they seemed to fix themselves after a few minutes.
Will be very interesting to see how things go over the course of this week.
Edit: the pool seems to be getting more of the odd null/unknown block finders and 0 shares.
the difficulty thing has been crazy to watch. it made it really easy to pickup a bunch of coins without too much hash.
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dbt1033
Legendary
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Activity: 1274
Merit: 1000
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April 20, 2015, 01:49:05 AM |
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I honestly cannot believe what I'm seeing here...
You have the biggest premine in the history of crypto.
It's ok though, because you guys are going to plant a bunch of trees. LOL
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gdavis024
Full Member
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Activity: 179
Merit: 100
Fighter of the Dayman
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April 20, 2015, 01:56:52 AM |
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I honestly cannot believe what I'm seeing here...
You have the biggest premine in the history of crypto.
It's ok though, because you guys are going to plant a bunch of trees. LOL
From the Ripple wikiWhen the Ripple network was created, 100 billion XRP was created. The founders gave 80 billion XRP to the OpenCoin Inc. OpenCoin Inc. will develop the Ripple software, promote the Ripple payment system, give away XRP, and sell XRP.
I'm not advocating for premines just pointing out that ripple actually has the largest premine in the history of crypto.
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dbt1033
Legendary
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Activity: 1274
Merit: 1000
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April 20, 2015, 02:05:28 AM |
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I honestly cannot believe what I'm seeing here...
You have the biggest premine in the history of crypto.
It's ok though, because you guys are going to plant a bunch of trees. LOL
From the Ripple wikiWhen the Ripple network was created, 100 billion XRP was created. The founders gave 80 billion XRP to the OpenCoin Inc. OpenCoin Inc. will develop the Ripple software, promote the Ripple payment system, give away XRP, and sell XRP.
I'm not advocating for premines just pointing out that ripple actually has the largest premine in the history of crypto. I guess I didn't do thorough research before posting. I wasn't exactly being factual either... More along the lines of HOLY CRAP that premine is enormous!
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Kunfu
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April 20, 2015, 04:26:38 AM |
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what is wrong with this pool?? bs.maxminers.net
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worth
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April 20, 2015, 05:26:54 AM Last edit: April 20, 2015, 06:12:32 AM by worth |
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what is wrong with this pool?? bs.maxminers.net
There is something seriously weird going on with the network. Both pools are acting up, not just Maxminers. I haven't gotten a payment from bitops in about 3.5 hours, it keeps periodically showing speeds that make no sense, and MiningRigRentals keeps showing "pool sick" errors for some of the rigs I'm renting but not others... Very strange. I sure hope it gets sorted out and I get paid for my hashes. On the plus side, I am staking, so there's that. Update: things seem to be working again on Maxminers...
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MaxMinersNet
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April 20, 2015, 06:16:07 AM |
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We're back up, there was a stuck cronjob as we've simply found too many blocks in too short time. Fixed now !
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Namiks
Sr. Member
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Activity: 292
Merit: 252
I miss when crypto was about decentralisation.
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April 20, 2015, 06:56:42 AM |
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So are you going to plant trees to make up for the sha256 algo? Seems like you'll be planting at a loss...
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Crypto was created to liberate the individual. Decentralisation matters.
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steskoff
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Activity: 83
Merit: 10
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April 20, 2015, 02:36:27 PM |
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foxkyu
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April 20, 2015, 02:53:34 PM |
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We're back up, there was a stuck cronjob as we've simply found too many blocks in too short time. Fixed now !
hello,can you check my withdrawal? tx id is fe3f6d5d6f47c070af69658ecd4c4ab3b7c7c47e30f81e1225c0e855e6ba24cb it's been several hours, but i still didn't receive my coin. and why my earning is not same with my statistic on blockfinder. on statistic blokcfinder say i found 94 block with 8,900 coins generated and on my earning credit all time only 4,016.91901329. is that normal?? if not where is my coin go??
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amiraja
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April 20, 2015, 02:54:18 PM |
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XSEED. DOWN .. 98% Today not be up up
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lee_adama
Member
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Activity: 61
Merit: 10
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April 20, 2015, 04:11:04 PM |
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getting some weird errors on the pool. I've corrected one of them but still investigating one more. will advise. Lee
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