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Question: What is the best mining option?
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Author Topic: [ANN] Terracoin (TRC) - Est 2012  (Read 408626 times)
p3yot33at3r
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February 18, 2016, 11:14:06 AM
 #21

What coin were you guys thinking about?  BTC?   If say, we decided to merge mine with a coin and it failed would we have to hard fork again to switch to another merge mined coin?

When a coin is merge minable, the user can choose almost any SHA256 coin to mine it with, not just BTC. So no, if any coin fails it makes no difference to TRC.

Hi can you point to some good guide on merge mining?

There are 2 guides on this forum, but they are quite outdated so should not be taken literally, but as guides they are OK:

https://bitcointalk.org/index.php?topic=651819.0;topicseen

https://bitcointalk.org/index.php?topic=62842.0

If you are familiar with p2pool you should be OK.
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Potomac
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February 18, 2016, 03:51:49 PM
 #22

Vote for Terracoin: https://www.cryptopia.co.nz/Home/Voting
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February 18, 2016, 04:26:34 PM
 #23


Voted.
poblico
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February 18, 2016, 05:50:06 PM
 #24


I also did some DOT voting  Cool
clockuniverse (OP)
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February 19, 2016, 01:09:53 AM
Last edit: February 19, 2016, 01:34:43 AM by clockuniverse
 #25

The community has spoken!  We are going to try and get TRC on Cryptopia before a new wallet is released.

I have voted and TRC is in second place with DOT voting.  Once some FTC that I had sitting around is on Cryptopia I will be converting that to DOT and voting with that as well!

Edited:  I never thought I would ever do anything with that FTC.  It just got us to #1 on the DOT voting.

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clockuniverse (OP)
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February 19, 2016, 01:17:21 AM
 #26

What coin were you guys thinking about?  BTC?   If say, we decided to merge mine with a coin and it failed would we have to hard fork again to switch to another merge mined coin?

When a coin is merge minable, the user can choose almost any SHA256 coin to mine it with, not just BTC. So no, if any coin fails it makes no difference to TRC.

I think I must have been reading about something else, because merge mining sound incredibly awesome.  I will add it to the list of things we want for the next TRC wallet.

I will be updating the OP with this info and a few other things either later tonight or tomorrow.

Thanks for the info!

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phatkiller
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February 19, 2016, 05:43:56 AM
 #27

Hey we also can vote on C-cex. Only thing is they require you have BTC balance before you can vote (not sure what minimum is)

https://c-cex.com/?id=vote&coin=trc

If we can get on C-cex and Cryptopia will definitely help attract more and more users.

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February 19, 2016, 07:04:12 AM
 #28

Ok lets see what future brings for this coin i voted on both exchanges so we will see.
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February 19, 2016, 01:38:11 PM
 #29

Good to see an old coin with new life. Terracoin is a dinosaur as far as crypto is concerned. I'd be glad to help bring it back in to the community's view.
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February 19, 2016, 05:55:16 PM
 #30

Might as well get it on Yobit as well. They are usually pretty reasonable with most request. Don't really have a hard time with them. I sent a request.

Request it here https://yobit.net/en/addcoin/

We need to get more services rolling to get a Terracoin back on people's radars. This used to be a coin with a very solid market cap and trading.
majeis
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February 19, 2016, 08:17:41 PM
 #31

Had to double-check that this was the coin I thought it was. Nice flashback to the past.

Good luck with your revival.  Grin


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craslovell
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February 19, 2016, 08:31:09 PM
 #32

Had to double-check that this was the coin I thought it was. Nice flashback to the past.

Good luck with your revival.  Grin

Same here, I was shocked when I saw this. Clicked on the thread originally because I thought someone might have just been reusing the name. Talk about a throwback
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February 20, 2016, 06:54:47 PM
 #33

@OP it may be prudent to remove Vircurex as a listed exchange for Terracoin, though it may be the only one right now.. I certainly wouldn't direct anyone to trade there at this time. Well at least without giving them a disclaimer first.

Also it looks like one or two of the pool links may be dead. The ones that are up seem to be operating just fine.
clockuniverse (OP)
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February 20, 2016, 09:08:13 PM
 #34

@OP it may be prudent to remove Vircurex as a listed exchange for Terracoin, though it may be the only one right now.. I certainly wouldn't direct anyone to trade there at this time. Well at least without giving them a disclaimer first.

Also it looks like one or two of the pool links may be dead. The ones that are up seem to be operating just fine.

What specifically is wrong with Vircurex, besides it being outdated and clunky?  When I update the OP with a warning I will need to explain what I am warning about.

Which pool links are dead?  I will remove them.

It looks like we are tied for 1st place voting with DOT on Cryptopia!  If we win one of the requirements is that we have to have a website....

Which means I will have to throw something up on terrcoin.info in the next day or so.

Thanks for the well wishes everyone!  TRC is the first altcoin I traded in on BCT-E years ago, which is why I am so fond of it.

I am a little behind on updating everything I wanted to this weekend because I ended up having to work this weekend.  Cry

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craslovell
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February 20, 2016, 11:42:47 PM
 #35

@OP it may be prudent to remove Vircurex as a listed exchange for Terracoin, though it may be the only one right now.. I certainly wouldn't direct anyone to trade there at this time. Well at least without giving them a disclaimer first.

Also it looks like one or two of the pool links may be dead. The ones that are up seem to be operating just fine.

What specifically is wrong with Vircurex, besides it being outdated and clunky?  When I update the OP with a warning I will need to explain what I am warning about.

Which pool links are dead?  I will remove them.

It looks like we are tied for 1st place voting with DOT on Cryptopia!  If we win one of the requirements is that we have to have a website....

Which means I will have to throw something up on terrcoin.info in the next day or so.

Thanks for the well wishes everyone!  TRC is the first altcoin I traded in on BCT-E years ago, which is why I am so fond of it.

I am a little behind on updating everything I wanted to this weekend because I ended up having to work this weekend.  Cry

Well Vircurex has plenty of withdrawal and scam accusations against them.. I mean no need to remove or warn I suppose. Really everything you do with crypto is at your own risk. Though they are still holding a large amount of user funds from their supposed hack that happened a long time ago. They were making small payments back and updating with what was owed yet, but there's still plenty of money that hasn't been returned.

As far as I know, if you're making low volume trades you probably won't have an issue there. Then again, they really don't have much volume because of what happened in the past.

Looks like miningpools.tk and tompool.org are both down. The other three seem to be up.
clockuniverse (OP)
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February 21, 2016, 01:58:27 AM
 #36

I threw together a website and removed those broken mining pools from the OP, Reddit, website.

Yeah, the volume is very very low on Vircurex and it is a crappy exchange, but it is the only one we have right now.  I think I will leave off the warning for right now.  If other people feel that it needs a warning I will add the warning.

It looks like we are winning the DOT voting on Cryptopia and we now pass all of their requirements.

The voting only lasts one more day so lets make sure we win this round.  By winning this round, after we have only been in existence for a week, it will truly show that TRC is back!

Once we are on Cryptopia we should concentrate on getting the volume there before we try to get added to another exchange.

I have more updates to the OP to be added soon...

Oh yeah.  I also put a back order on terracoin.org and terracoin.com.

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clockuniverse (OP)
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February 22, 2016, 02:38:52 AM
 #37



Miner control doesn't mine TRC & I'm unable to connect my node to e-pool. I noticed they are using an old version of p2pool for their node, so tried using the same version but to no avail. I've also tried using the latest p2pool version as well as the rav fork, but still am unable to connect to any nodes to download the sharechain. Maybe a PM to forrestv (p2pool dev) would provide more info - but I fear it's a wallet issue, not a p2pool one.


I was just told about this p2pool.  Tell me if it works: http://p2pool.e-pool.net:8932/static/

Also this site was suggested as some sort of mining pool.  https://coinking.io/coin/terracoin

Has anyone used it successfully and how exactly does it work?

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clockuniverse (OP)
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February 22, 2016, 03:04:12 AM
 #38


There is 6 hours left and another coin put 86k worth of DOT ahead of us.  I could probably scrape together 50k or so of DOT, but I think that other coin will just raise immediately to win over anything we can put together in 6 hours.

I suggest that we hold off till the new DOT voting session starts tomorrow and I put in that 50k with of DOT then.  If we work together I would guess we could have 250k worth of DOT ready by the end of the next voting cycle.  What do you think?

Second piece of important news - We have found a developer who is currently looking over the code in his spare time.  We are still looking for a second set of eyes and well, a third set of eyes.  The more of a development team that we have then the better this coin will be.  If we have a development team with different skill sets and ideas it will help improve how we move forward in the future.

Third piece of important news - craslovell has agreed to become our marketing specialist!  He already has some cool ideas to increase awareness of the rebirth of Terracoin.  I will let him post his plans instead of stealing his thunder.

Remember, we welcome any help we can get and I am pretty happy with how much we have done in a week!  Thanks everyone!

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hanzac
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February 22, 2016, 03:39:48 AM
 #39

What I suggest is to firstly implement a better difficulty adjust algorithm to protect the chain from potential threat of malicious mining power.
If we can decide the proper algorithm, we can go toward the direction to implement it.

However, I don't like the idea to increase the block size as it's not the necessary thing for Terracoin. It don't need to be popular but it should be secured.
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February 22, 2016, 03:55:46 AM
 #40

What I suggest is to firstly implement a better difficulty adjust algorithm to protect the chain from potential threat of malicious mining power.
If we can decide the proper algorithm, we can go toward the direction to implement it.

However, I don't like the idea to increase the block size as it's not the necessary thing for Terracoin. It don't need to be popular but it should be secured.


I can agree with this sentiment. The retarget is a little lackluster right now. This could be improved upon. Also, we are still a good bit away from the block halving and there are plenty of TRC that have not yet been mined so I don't see the block reward increase as necessary.
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