[$XVG] VERGE [POW][MultiAlgo][TOR/i2P][no premine/ico!]

[gravitate]

I send yesterday some verge from my wallet to bittrex and i have only 16 confirmation in 48 hours

Fuck that mining farm from China.

yep and from that Verge will come out even more decentralized. 

Yeah very irritating. I went to sell some at 40 but my deposit to bittrex has been pending over 3 days. And I'm not gonna sell for the price now so i'm just gonna withdraw them when they ever clear and hold til the problem is solved.

Well its a nice time for everyone to buy in a gain

Priced just about right to make an absolute killing on even a small pump

[CryptocurrencyNetwork]

I send yesterday some verge from my wallet to bittrex and i have only 16 confirmation in 48 hours

Fuck that mining farm from China.

yep and from that Verge will come out even more decentralized. 

?

Yes seems a little confusing but.....

What is being said here is:

 the mining farm from China hits XVG with 400GH/s plus at any given moment (which I might add is one HUGE farm $$$ someone wants Verge badly), their actions cause the blockchain to slow down due to rise in difficulty. Because of their actions, the community suffers, therefore a multi algo will solve the issue and make verge mining more decentralized.

[Beachguy]

And the sad part is they could mine more by running a more normal hash rate rather than totally
crippling the network. I still think its more from malice than anything else.

[CryptocurrencyNetwork]

And the sad part is they could mine more by running a more normal hash rate rather than totally
crippling the network. I still think its more from malice than anything else.

400 Gh/s ASIC Miner

1000 x 400 MH/s Machines or whatever

400000000 KH/s = mining top 10 profit ranked coin ( keep in mind this changes with rate, therefore the mining farm switches leaving the rest of the work to be done on the network.

http://www.coinwarz.com/ = $15K - 30K profit a day (minus electricity - who knows could be solar powered)

[chilly2k]

And the sad part is they could mine more by running a more normal hash rate rather than totally
crippling the network. I still think its more from malice than anything else.

   I tend to disagree about the malice part.  I have a feeling these farms are looking for the most profitable coins to mine.  They see a low difficulty and high price on verge so they switch.  They drive up the difficulty to the point it's not profitable, and then switch to another coin.  

   I do agree they should throttle their hash rate to avoid this, and stop shooting themselves in the foot.  You would think with that kind of hash power and $'s they would do a better job of analyzing the situation.    

[giantkin]

my question is still..  even with multi   ... how does the scrypt chain clear up?  still with the small miner going at it?

if so, it still doesnt help that section.   sure overal its all ok...  but kinda leaves one set on their own.

might make them give up and ...maybe get on the other algo's   sure... but their scrypt miner, probably point to another coin. 

thats what i am talking about avoiding.   Any ideas how to combat that aspect?

[Dogedarkdev]

my question is still..  even with multi   ... how does the scrypt chain clear up?  still with the small miner going at it?

if so, it still doesnt help that section.   sure overal its all ok...  but kinda leaves one set on their own.

might make them give up and ...maybe get on the other algo's   sure... but their scrypt miner, probably point to another coin. 

thats what i am talking about avoiding.   Any ideas how to combat that aspect?

there isnt a seperate chain for each algo, its all one blockchain. there isn't a separate "scrypt chain"

[giantkin]

my question is still..  even with multi   ... how does the scrypt chain clear up?  still with the small miner going at it?

if so, it still doesnt help that section.   sure overal its all ok...  but kinda leaves one set on their own.

might make them give up and ...maybe get on the other algo's   sure... but their scrypt miner, probably point to another coin. 

thats what i am talking about avoiding.   Any ideas how to combat that aspect?

there isnt a seperate chain for each algo, its all one blockchain. there isn't a separate "scrypt chain"

ahh ok, thats great.  i was a bit confused there.

Sounding good again
g

[Dogedarkdev]

https://www.youtube.com/watch?v=WYe75b6RWes

heres a video on how to compile an XVG linux wallet yourself 

[Dogedarkdev]

what heppend whit this nice p photo of my doing some drugs

and fucking bitches

man you kan not fuck whit my   !!!!!!!  is my whit sunglasses one DG


i see you blocchain is working well but c=cex have some problems?

i guess so. try ctrl+F5, maybe you need to refresh your browser cache.

im not c-cex support.

[CoinCartel]

WTF

[EDOMAJKA11]

HEY MAN

i have recived my coins on my c-cex wallet

thnx mate sorry for the discussion

but you are still a ritard,

EMK

[giantkin]

lol   wow.  just wow.

[Beachguy]

Wonder where all that came from? 

[daveolake]

Wonder where all that came from? 

he had a few posts deleted, and didn't take it very well it appears.

[giantkin]

I reported 2 of his posts,   and i think one was before that. 

the 2 i reported were rather crass, vulgar and unwarranted.

that one, was rather upbeat and almost cuddly.

[A_McGriff]

What about the iBeLink DM384M X11 ASIC Miner that is selling for $2,000

Maybe we should count X11 out.

but the point is that if one algo starts pulling all our work, like scrypt, the other algos can fight back, so even if we have a farm on x11 and one on scrypt, at least its not one farm getting it all

I see your point, it doesn't matter what algo.

#Blackhole Tech - Verge is the only truly untraceable crypto-currency.
Among other features #MineVerge Tech - Makes Verge the most decentralized crypto-currency in the entire crypto-currencies world.

I think it's important to go for popular algos (here you have most of them http://www.coinwarz.com/cryptocurrency) and as many as possible. I would suggest Scrypt-N, Scrypt, X11, Keccak, NeoScrypt, CryptoNight, Lyra2REv2, PoW: prime numbers(RieCoin), PoW Cunningham (Primecoin) and Blake-256.
All those algos have strong supporters. Multi-algo feature cannot be underestimated it's yet another great feature!

What's the best algo for GPU mining these days?

[A_McGriff]

And the sad part is they could mine more by running a more normal hash rate rather than totally
crippling the network. I still think its more from malice than anything else.

   I tend to disagree about the malice part.  I have a feeling these farms are looking for the most profitable coins to mine.  They see a low difficulty and high price on verge so they switch.  They drive up the difficulty to the point it's not profitable, and then switch to another coin.  

   I do agree they should throttle their hash rate to avoid this, and stop shooting themselves in the foot.  You would think with that kind of hash power and $'s they would do a better job of analyzing the situation.    

The Chinese Mega Farm is a bullish long. They don't care what the price is now, so long as they accumulate as much of the VERGE technology they can. They NEED this coin badly in China.

[Beachguy]

Think to me is, correct me if I'm wrong, they lock up the network with the huge hash and difficulty and no blocks release.
No blocks=no coins.
So how is it "profitable" for them?
It locks up for everyone.

[super-cpu]

Think to me is, correct me if I'm wrong, they lock up the network with the huge hash and difficulty and no blocks release.
No blocks=no coins.
So how is it "profitable" for them?
It locks up for everyone.

it look like 'difficulty attack'