[ANN][VRM] Verium PoWT | CPU mining | scrypt² | Scaling | New Roadmap Released

[jadefalke]

@testbug You need to change the Welcome message on the pool

**Update***
Finished:
- implementation of pool backups
- email notifications
- 0% fee for all testers has been applied :-)


Please note: you can't gpu mine here

Today I see the 1.337% fee is being imposed, which you stated would be free for 1 month for testers.

I don't mind the fee, but you should notify people before simply imposing or increasing the fee which you had previously said would be x for specified time.

valid point, not that nice.

[MarcusDe]

www: verium.graymines.net:8000

example miner config:
cpuminer-gw64.exe -a scrypt:1048576 --url=stratum+tcp://verium.graymines.net:9666  --user=VHVb4gKjpz1dGk58XcCGxVJMbg2MHZZ9Wx  --pass=miner1


To clarify verium.graymines.net pool info:

1) Payout is after you get 10coins
2) There is 1% fee

Also keep in mind that there is 0.2 coin tx fee on network, so you get less.

M.

edit:
Also notice if biggest pool has 95% hashrate and 2 other have the rest you won't have payouts too fast UNLESS you farmers make balance between pools yourself :-)

[wgd]

hashrate new high
price new low

 

[CarepeExonumia]

Thanks for making that clear

[effectsToCause]

Hey Guys,

I'm adding the cpuminer optimizations to the in wallet miner so all miners are about the same performance.  I'm about 80% done or so, this update is a bit tricky as it is very hardware specific and I'm making it work on all three OSes with varying hardware, without compiling separate wallets for different hardware like the opt miner is, etc.  After this release there will be more incentive to solomine again, due to same speed and no fees for tx and pool, which can add up.  The fee structure is 0.2 VRM per kilobyte of the transaction.  

We should know this week whether we are doing marketing with the company.  Cool thing is they will accept VeriCoin as payment and will hold a fraction in the contract for incentive to succeed.  We are discussing with them marketing VeriCoin and Verium in a way no other crypto has been marketed effectively thus far.  We will be primarily targeting the general population and this is not just a BS plan, this is a real, dynamic strategy for penetrating the general market.

Also I'm not going to spend my time allaying the fears of pessimists regarding price, the market will move as it chooses and we will be here building a better and better protocol, UI, UX, ecosystem and now pairing as we have for 2+ years.  If you think the fundamentals are good and share our passion for crypto and what it can and should do, join us, build a third party application for our ecosystem or help us get the word out.  The price will be proportional to our success in penetrating a larger and larger market and this is the only true way to build a currency.  This is ultimately about freedom from the collusive corruption of centrally controlled money, that is why we are here, if you believe in that freedom you are in good company here.

[maxfunky]

@testbug Do you think payouts will be working soon ? Thanks

[souljah1h]

Hey Guys,

I'm adding the cpuminer optimizations to the in wallet miner so all miners are about the same performance.  I'm about 80% done or so, this update is a bit tricky as it is very hardware specific and I'm making it work on all three OSes with varying hardware, without compiling separate wallets for different hardware like the opt miner is, etc.  After this release there will be more incentive to solomine again, due to same speed and no fees for tx and pool, which can add up.  The fee structure is 0.2 VRM per kilobyte of the transaction.  

We should know this week whether we are doing marketing with the company.  Cool thing is they will accept VeriCoin as payment and will hold a fraction in the contract for incentive to succeed.  We are discussing with them marketing VeriCoin and Verium in a way no other crypto has been marketed effectively thus far.  We will be primarily targeting the general population and this is not just a BS plan, this is a real, dynamic strategy for penetrating the general market.

Also I'm not going to spend my time allaying the fears of pessimists regarding price, the market will move as it chooses and we will be here building a better and better protocol, UI, UX, ecosystem and now pairing as we have for 2+ years.  If you think the fundamentals are good and share our passion for crypto and what it can and should do, join us, build a third party application for our ecosystem or help us get the word out.  The price will be proportional to our success in penetrating a larger and larger market and this is the only true way to build a currency.  This is ultimately about freedom from the collusive corruption of centrally controlled money, that is why we are here, if you believe in that freedom you are in good company here.

Thats great news! 

[r.o.o.t]

Well said,
I like this part

The price will be proportional to our success in penetrating a larger and larger market and this is the only true way to build a currency.  This is ultimately about freedom from the collusive corruption of centrally controlled money, that is why we are here, if you believe in that freedom you are in good company here.

[tomsmith26]

VRM almost dropping below the profitability threshold. Might have to stop mining. 

stop mining is good idea. no profit for mining
and I will buy some coins for cold storage

[cyberspacemonkey]

Some whale is definitely in play here for this coin on Bittrex, only times someone has sold at Bid price volume has been very small but still has a psychological impact that causes people to panic. I bet a lot of miners are in this for the long run because they believe in the project, but it's all a matter of having patience and how Dev team handles things.

[Caladonian]

Some whale is definitely in play here for this coin on Bittrex, only times someone has sold at Bid price volume has been very small but still has a psychological impact that causes people to panic. I bet a lot of miners are in this for the long run because they believe in the project, but it's all a matter of having patience and how Dev team handles things.

which is correct those whales who are playing to make more panic and the weak holders will blame the dev i guess we should learn the move so we know when to hold and when to sell.

[MarcusDe]

Some whale is definitely in play here for this coin on Bittrex, only times someone has sold at Bid price volume has been very small but still has a psychological impact that causes people to panic. I bet a lot of miners are in this for the long run because they believe in the project, but it's all a matter of having patience and how Dev team handles things.

which is correct those whales who are playing to make more panic and the weak holders will blame the dev i guess we should learn the move so we know when to hold and when to sell.

I think #1 on poolinator just sells every day, as he gets like 30-40% of all coins.
He just wakes up, goes to toilet, dumps there and then same with Verium :-D

[idolacchacked]

Some whale is definitely in play here for this coin on Bittrex, only times someone has sold at Bid price volume has been very small but still has a psychological impact that causes people to panic. I bet a lot of miners are in this for the long run because they believe in the project, but it's all a matter of having patience and how Dev team handles things.

which is correct those whales who are playing to make more panic and the weak holders will blame the dev i guess we should learn the move so we know when to hold and when to sell.

I think #1 on poolinator just sells every day, as he gets like 30-40% of all coins.
He just wakes up, goes to toilet, dumps there and then same with Verium :-D

OMG total 1 btc buy support and talk about whales? 

[warr1979]

Some whale is definitely in play here for this coin on Bittrex, only times someone has sold at Bid price volume has been very small but still has a psychological impact that causes people to panic. I bet a lot of miners are in this for the long run because they believe in the project, but it's all a matter of having patience and how Dev team handles things.

which is correct those whales who are playing to make more panic and the weak holders will blame the dev i guess we should learn the move so we know when to hold and when to sell.

I think #1 on poolinator just sells every day, as he gets like 30-40% of all coins.
He just wakes up, goes to toilet, dumps there and then same with Verium :-D

OMG total 1 btc buy support and talk about whales? 

Yea there eating up this coin 😔 .... this was IMO a big waste did nothing for VRC.  And it's not a good  commodity on its own

[birty555]

VRM almost dropping below the profitability threshold. Might have to stop mining. 

stop mining is good idea. no profit for mining
and I will buy some coins for cold storage

there is profit to be had - see here
https://steemit.com/verium/@birty/cpu-mining-is-back-a-complete-how-to-guide-and-profit-analysis-for-verium-mining-on-a-farm-of-single-board-computers-part-1

[wgd]

testbug what happened to rank # 1?

 

[CjMapope]

testbug what happened to rank # 1?

 

i'm not complaining, the rest of our shares all just tripled! ;p   haha

actually, the dif drop pushed me back into solo with my main i-7, so that's nice atleast 

[xdrzrex]

testbug what happened to rank # 1?

 

i'm not complaining, the rest of our shares all just tripled! ;p   haha

actually, the dif drop pushed me back into solo with my main i-7, so that's nice atleast 

Now I understand my recent luck

[alexa10]

vrm.poolinat0r.com not pay?

[CjMapope]

vrm.poolinat0r.com not pay?

??  i have gotten several payments in last few weeks...

do you have the minimum for payout? (50 coins)
have you set payout address?