Bitcoin Forum
May 08, 2024, 02:26:42 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Logo Contest
Logo 1 - 10 (27.8%)
Logo 2 - 1 (2.8%)
Logo 3 - 3 (8.3%)
Logo 4 - 10 (27.8%)
Logo 5 - 1 (2.8%)
Logo 6 - 2 (5.6%)
Logo 7 - 3 (8.3%)
Logo 8 - 6 (16.7%)
Total Voters: 36

Pages: « 1 2 3 4 [5] 6 7 8 9 10 »  All
  Print  
Author Topic: [ANN] MMXVI - NO PREMINE/ICO!BUYBACK PROGRAM- REDUCE BLOCK- MORE TEAM MEMBERS  (Read 44220 times)
Kisleav
Hero Member
*****
Offline Offline

Activity: 1092
Merit: 500


View Profile
January 11, 2016, 09:58:32 AM
 #81

Can one still solo mine this coin
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715135202
Hero Member
*
Offline Offline

Posts: 1715135202

View Profile Personal Message (Offline)

Ignore
1715135202
Reply with quote  #2

1715135202
Report to moderator
Remy_5
Hero Member
*****
Offline Offline

Activity: 1194
Merit: 502


View Profile
January 11, 2016, 01:06:17 PM
 #82


Yes. Only MMXII.

The first chart was generated from extrapolated data from the wallet of XXVI.


How do you read those graphs? Why is the hashrate so high when you can buy a lot of coins below 5000Sats for example? 5000 sats would make it a 60 BTC coin. That seems to be high, but in fact it isn't high when you know that there was no premine / no ico. Ok, 5000sats is maybe a high number, but 2500sats for example is only 30 BTC....



These two graphs show the performance of the network and Pow KHash Diff
of Opes and MMXVI, in comparison.

These new graphs are not updated, but for consistency, the data of the two
coin refer to the same period of time as last time.

The data are sampled every 20 blocks and cover these blocks:
Code:
Coin  height,                                                       block hash,   unix time,            time UTC
MMXVI      1, 00027516ccbe0e5809d259b14d4e0035716c95fded11b6e0cb47e90c85f95813,  1451948826, 2016-01-04 23:07:06
MMXVI  16000, 000000c374994506236aec4c29977ea325389c94995047d76b2d3cae1860f98a,  1452449195, 2016-01-10 18:06:35

OPES   18461, 00000025c16b98dab60b5a82d4b4104e4585244851cacfdd0cf68e809a656d02,  1451948862, 2016-01-04 23:07:42
OPES   26407, 00000023ce343540faf72272694ced75398c34700f4843a96577325a573bb3cf,  1452449207, 2016-01-10 18:06:47






The straight lines thinner, try to give a reference to the number of the block.

As can be noted there is a clear quantitative difference between the two
currencies.

Back to your question, I must admit that it is easier to do the graphics,
rather than read them. Wink
And everyone sees different things in them. Cheesy

What I see, and it is only an opinion, it is that OPES major peaks are
concentrated principally in certain hours of the day.

About MMXVI, it remained virtually unknown to most of the miners until the
day -3, and only after there has been a slow shift of miners from OPES to MMXVI.

This movement has been most evident in the last hours of the day 0, which
probably coincides with the news of the opening of the first exchange.

Later, it seems that the interest of the miners is lowered again, as
the price of MMXIV.
Now while I'm preparing the post, judging from the data offered by
the blockexplorers of the two currencies, it seems to me that the
preference of the miners has again shifted to OPES.

If MMXVI have no pre-mine and not ICO, however due to a series of unfortunate
events, such as its ninja launch via twitter and on a platform of forums
little known, the lack of information in general, and particularly on his
new algorithm, combined with his peculiar form of reward halving very fast,
all this has made it reasonable to think that most of the money supply is
concentrated in the hands of a few users, very few.
A situation in some ways comparable to that of an ICO or pre-mine.

As other posters have said, compared to the beginning, as a reward
for miners now there are only the crumbs.

At the moment there are no known clear future plans for this money, then turning
your question, why buy or why sell this currency now?


annad
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
January 11, 2016, 01:48:51 PM
 #83

I really don't get why some people think this coin is even remotely successful.

Unless I'm missing something, there is probably only a handful of people mining it and probably less trading it.

I have a I5 something or other (2GHz?) quad core and using this argon2 miner on linux, will all cores running it seems to have no problem with averaging 10,000-12,000 hashes per second.

Right now I'm seeing the network average as 250kH/s or 250,000 hashes per second.

Considering some are faster than me and some slower and I'm average, that means right now there are only about 25 people mining this thing.

Yesterday it did peak around 650kH/s for the network but really, 60-100 people worldwide?

I don't see how it's going to survive past a couple weeks.

coin2016_dev (OP)
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
January 11, 2016, 02:11:02 PM
 #84

I really don't get why some people think this coin is even remotely successful.

Unless I'm missing something, there is probably only a handful of people mining it and probably less trading it.

I have a I5 something or other (2GHz?) quad core and using this argon2 miner on linux, will all cores running it seems to have no problem with averaging 10,000-12,000 hashes per second.

Right now I'm seeing the network average as 250kH/s or 250,000 hashes per second.

Considering some are faster than me and some slower and I'm average, that means right now there are only about 25 people mining this thing.

Yesterday it did peak around 650kH/s for the network but really, 60-100 people worldwide?

I don't see how it's going to survive past a couple weeks.

Thanks for your concern. Will MMXVI survive in the next weeks? Why not? Even when you only have 25 miners, it doesn't mean that the coin will have problems to survive in the coming weeks. I was on slack with Bittrex, i have inform them why i believe they should add MMXVI and i'm waiting to see if they will add MMXVI or not. Listing on Bittrex is a minor step in the whole process. I'm currently trying to setup a mining pool myself and if that is done then i'm considering to setup a multi pool if nobody did it already and took the bounty for that multipool.

After that i will release a roadmap and based on the roadmap more miners will come and i hope to see a improved market condition.

Remember those 60 - 100 people were all solo miners, what would happen if there was a mining pool. Also this is a new coin, and it needs time to grow, and i hope together with the help of community it will grow little by little to become one of the Top 50 coins in the future.
MoShooz
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
January 11, 2016, 03:46:37 PM
 #85

"networkhashps" : 305954

Must be only idiots mining.. Block reward is 10 now after all the halvings while it was 1000 for the first blocks.. So you got 100x the reward two days ago...The early birds got the big rewards. Mining is dead here, its much, much cheaper to buy.
AlexBit
Newbie
*
Offline Offline

Activity: 21
Merit: 0


View Profile
January 11, 2016, 03:55:01 PM
 #86

excellent cryptocurrency! my laptop delighted Grin))
nikl
Hero Member
*****
Offline Offline

Activity: 635
Merit: 500


View Profile
January 11, 2016, 03:58:59 PM
 #87

Quote
Must be only idiots mining.. Block reward is 10 now after all the halvings while it was 1000 for the first blocks.. So you got 100x the reward two days ago...The early birds got the big rewards. Mining is dead here, its much, much cheaper to buy.

DEURO had 100000 coins for first 2000 blocks halving every 2000 blocks. I started mine it at block ~20000 with reward about 100 coins per block and mined it solo with
a few GPUs about 60000 coins. Half of them i've dumped cheep, but another half i sold on pump and made a good profit for a few Kwatts. And it's still about 4 ksatoshi
on C-CEX. You'll never know where it will go.
annad
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
January 11, 2016, 05:45:45 PM
 #88


I already bought 100,000 MMXVI on C-CEX. Indeed buying is much much cheaper for sure. But if you are one of the only people mining it then you still have around 30k per day.... and then it will move up nicely without any cost.


Can you please explain this?

You will have 30k of what per day?

Again, using 10,000 hashes per second as an average, it looks like 50 blocks a day (500 coins), if you are lucky.

How does 500 coins turn into 30k of what?

coin2016_dev (OP)
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
January 11, 2016, 08:12:55 PM
 #89

I bought some of my own coins on C-CEX because of the current price. I will create some bounties here:

Bounties:

5000 MXVI for setting up a multipool.

2500 MXVI for the first mining pool.

1000 MMXVI for the winning logo.

10000 MMXVI for games that are using MMXVI coins.



Remember the bounties.

Quote
Jobs Opportunities:

1. Designer - To create nice logo's
2. Game Designer - To create games that will use MMXVI
3. PR - Somebody that is responsible for Press Releases and to maintain communication with investors/miners/traders.

Remember the jobs
chris190
Legendary
*
Offline Offline

Activity: 1059
Merit: 1000



View Profile
January 11, 2016, 08:36:53 PM
 #90

Too bad the price does not rise, but actually goes down!
I expected to see him traded at a higher price, 0.0002 btc/mmxvi!

Hopefully we increase soon! Wink

                  ▄▄
                 ████▄
                 ██████▄
                 ███ ▀███▄
         ▄████▄▄ ███   ▀███▄
       ▄████████████▄    ▀███▄
     ▄███▀ ███▀▀▀██████▄▄  ███
   ▄███▀  ███    ███ ▀▀███████
 ▄███▀    ███    ███     ▀███
████▄▄▄▄▄███▄▄▄▄  ▀  ▄▄▄▄███▄▄▄▄▄▄▄
█████████████████   █████████████████
  ▀▀▀▀▀▀▀███▀▀▀▀  ▄  ▀▀▀▀███▀▀▀▀▀████
        ███▄     ███    ███    ▄███▀
       ███████▄▄ ███    ███  ▄███▀
       ███  ▀▀██████▄▄▄███ ▄███▀
       ▀███▄    ▀████████████▀
         ▀███▄   ███ ▀▀████▀
           ▀███▄ ███
             ▀██████
               ▀████
                 ▀▀
4NEW
███
███  █
███  █  █
███  █  █
███  █  █
███  █  █
███  █  █
███  █  █
███  █  █
███  █
███
THE WORLD'S FIRST TANGIBLE WASTE TO ENERGY BLOCKCHAIN
✥     ANN Thread     ✥     Whitepaper     ✥     Facebook     ✥     Twitter     ✥     Telegram     ✥

        ███
    █  ███
█  █  ███
█  █  ███
█  █  ███
█  █  ███
█  █  ███
█  █  ███
█  █  ███
    █  ███
        ███

                                ███
                                ███
                                ███
                        ███  ███
                        ███  ███
                ███  ███  ███
                ███  ███  ███
        ███  ███  ███  ███
███  ███  ███  ███  ███
███  ███  ███  ███  ███
CryptoWitch
Full Member
***
Offline Offline

Activity: 206
Merit: 100


This is my life. This is my path.


View Profile
January 11, 2016, 09:32:50 PM
 #91

Quote
Must be only idiots mining.. Block reward is 10 now after all the halvings while it was 1000 for the first blocks.. So you got 100x the reward two days ago...The early birds got the big rewards. Mining is dead here, its much, much cheaper to buy.

DEURO had 100000 coins for first 2000 blocks halving every 2000 blocks. I started mine it at block ~20000 with reward about 100 coins per block and mined it solo with
a few GPUs about 60000 coins. Half of them i've dumped cheep, but another half i sold on pump and made a good profit for a few Kwatts. And it's still about 4 ksatoshi
on C-CEX. You'll never know where it will go.


Indeed a lot is based on pumps, every coin can move higher. I remember a coin called CryptoFocus on C-CEX as i was holding a nice amount and it hit 200 sats and then it was pumped to 500,000sats WITH big volume!!!!

Lol promises promises promises, your highest price go higher and higher,

I doubt this will ever happen!

LordCoder
Hero Member
*****
Offline Offline

Activity: 712
Merit: 500


View Profile
January 11, 2016, 10:10:52 PM
 #92

Pool and I'll send some miners to this coin.
with the lemons!
Hero Member
*****
Offline Offline

Activity: 589
Merit: 500



View Profile
January 11, 2016, 10:20:03 PM
 #93

Pool and I'll send some miners to this coin.

Some people asked me to make pool so I'm working on it and it should be ready tomorrow.
CryptoWitch
Full Member
***
Offline Offline

Activity: 206
Merit: 100


This is my life. This is my path.


View Profile
January 11, 2016, 10:33:45 PM
 #94

"networkhashps" : 463930


And this without a pool.... what will happen with a pool?

Guess it is much cheaper to buy it right now.

My9bot
Full Member
***
Offline Offline

Activity: 239
Merit: 100


View Profile
January 12, 2016, 05:32:00 AM
 #95

http://hashpower.co/
argon2 multipool

Code:
 -a Argon2  -p d=4 -o stratum+tcp://hashpower.co:5533  -u BTC_address

I'm better with code than with words-SatoshiNakamoto
Espers [ESP]SiteOnBlockchain
coin2016_dev (OP)
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
January 12, 2016, 11:30:55 AM
Last edit: January 12, 2016, 02:48:55 PM by coin2016_dev
 #96

http://hashpower.co/
argon2 multipool

Code:
 -a Argon2  -p d=4 -o stratum+tcp://hashpower.co:5533  -u BTC_address

Thank you for the pool. please send me your MMXVI address.
elbandi
Hero Member
*****
Offline Offline

Activity: 525
Merit: 529


View Profile
January 12, 2016, 02:50:22 PM
 #97

http://hashpower.co/
argon2 multipool

Code:
 -a Argon2  -p d=4 -o stratum+tcp://hashpower.co:5533  -u BTC_address
diff = 4 is too high for a cpu core, can you reduce the limit to 0.02-0.05?
coin2016_dev (OP)
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
January 12, 2016, 03:01:44 PM
 #98

How to mine MMXVI most efficiently:

1. Download miner https://www.bitteaser.com/press-releases/?title=argon2-optimized-miner
2. Mine on haspower.co multipool with this config
Code:
cpuminer -a argon2 -o stratum+tcp://hashpower.co:5533 -u YOURMMXVIADDRESS -p c=MMXVI
3. PROFIT!!!

Pool mines the most profitable argon2 coin and converts it to MMXVI. If mining MMXVI directly is most profitable, it will mine MMXVI directly. You can also mine with different algorithm using different miner and port. Ports are listed here http://hashpower.co/#algos
For example, if you want to earn MMXVI by mining on your GPU using NeoScrypt algo, use ccminer and this config
Code:
ccminer-35-50-52.exe -a neoscrypt -o stratum+tcp://hashpower.co:4233 -u MKNr7pT9QZRDY5fqZrgqdMvAmnAiVFeZ96 -p c=MMXVI
coin2016_dev (OP)
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
January 12, 2016, 07:30:00 PM
 #99

Roadmap release coming soon.
fooc
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
January 12, 2016, 07:47:07 PM
 #100

Great! Looking forward 2 it

Pages: « 1 2 3 4 [5] 6 7 8 9 10 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!