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Author Topic: [ZEC] ZCASH - All coins are created equal. Discussion Thread (Unofficial)  (Read 127163 times)
bvalis
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October 27, 2016, 06:38:05 AM
 #261

"It takes some time to generate the genesis block, and build the binaries. We're going to mint the genesis block and prepare binaries and things the night before (i.e. tomorrow evening, Thursday, Oct 27). Then go to sleep. Then get up and release it the next morning, San Francisco time. Keep an eye on our twitter feed: https://twitter.com/ZcashCo"
thanks for info!

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October 27, 2016, 06:48:20 AM
 #262

If you want to try out your CPU's mining you can use this miner:

https://github.com/ocminer/nheqminer

It's also linked at

https://zec.suprnova.cc/index.php?page=gettingstarted

Run with

Code:
nheqminer -l zec.suprnova.cc:2142 -u worker.1 -p x -t 4

@ocminer Thank you! 

What a difference between nheqminer and nheqminerSSE2?

The sse2 version is compiled for special cpus with sse2 support, just Google your cpu and you should see if sse2 is available for it

trying this version on win 7.
getting: connecting to stratum server equihash.zec.suprnova.cc:2142.sup.rnova.cc:2142
resolve: no such host is known.
reconnecting.

With this special version, you don't need "-l zec.suprnova.cc:2142" - so just run it with:

Code:
nheqminer -u worker.1 -p x -t 4

And it should work.

Also you should use "-cd" to run on cuda

suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
bvalis
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October 27, 2016, 06:53:53 AM
 #263

If you want to try out your CPU's mining you can use this miner:

https://github.com/ocminer/nheqminer

It's also linked at

https://zec.suprnova.cc/index.php?page=gettingstarted

Run with

Code:
nheqminer -l zec.suprnova.cc:2142 -u worker.1 -p x -t 4

@ocminer Thank you! 

What a difference between nheqminer and nheqminerSSE2?

The sse2 version is compiled for special cpus with sse2 support, just Google your cpu and you should see if sse2 is available for it

trying this version on win 7.
getting: connecting to stratum server equihash.zec.suprnova.cc:2142.sup.rnova.cc:2142
resolve: no such host is known.
reconnecting.

With this special version, you don't need "-l zec.suprnova.cc:2142" - so just run it with:

Code:
nheqminer -u worker.1 -p x -t 4

And it should work.

Also you should use "-cd" to run on cuda

And you are perfectly right, think is way to early for me Smiley)
Thanks!

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October 27, 2016, 06:55:18 AM
 #264

So there is no AMD gpu miner yet, that's very sadlly, I have only AMD cards so I won't be able to mine this one...

Mate have you seen this topic
https://bitcointalk.org/index.php?topic=1660023.0

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October 27, 2016, 08:20:00 AM
 #265

Looking forward to its release tomorrow...getting ready to mine it Smiley
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October 27, 2016, 08:48:18 AM
 #266

Please consider https://MineZ.cash for your Cloud Mining needs.

We are allowing our customers to bid what they are willing to pay for our hashpower.

The free market decides and potentially people can lock in fantastic and profitable rates.

Currently the price is 0.0001 BTC per H/s on our exchange with 20,000 H/s available.

https://MineZ.cash - Hashpower Exchange
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October 27, 2016, 08:51:21 AM
 #267

There are wallet for windows?


No official word on Windows yet...Versions available only for Linux as of now
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October 27, 2016, 08:55:40 AM
 #268

24 more hours.
that if they dont oversleep Smiley))

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October 27, 2016, 08:59:51 AM
 #269

Please consider https://MineZ.cash for your Cloud Mining needs.

We are allowing our customers to bid what they are willing to pay for our hashpower.

The free market decides and potentially people can lock in fantastic and profitable rates.

Currently the price is 0.0001 BTC per H/s on our exchange with 20,000 H/s available.


this website is quickly and poorly designed and it looks like collecting money from the investors so be careful with this site




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ivan1975
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October 27, 2016, 09:56:21 AM
 #270

Is there a countdown for start?

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October 27, 2016, 09:58:29 AM
 #271

Is there a countdown for start?

From Twitter:


It takes some time to generate the genesis block, and build the binaries. We're going to mint the genesis block and prepare binaries and things the night before (i.e. tomorrow evening, Thursday, Oct 27). Then go to sleep. Then get up and release it the next morning, San Francisco time. Keep an eye on our twitter feed: https://twitter.com/ZcashCo100 !

suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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October 27, 2016, 10:32:15 AM
 #272

There are wallet for windows?


No official word on Windows yet...Versions available only for Linux as of now

Bitmex is reliable?


Haven't used that site and in fact this is the first time i hear about it so not sure..
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October 27, 2016, 10:33:00 AM
 #273

Don't miss the train! -3% off coupon discount code on the last available ZEC cloud mining batches... Hurry up!!!

>>> 1mFB3Z <<<
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October 27, 2016, 10:34:03 AM
 #274

Is there a countdown for start?

From Twitter:


It takes some time to generate the genesis block, and build the binaries. We're going to mint the genesis block and prepare binaries and things the night before (i.e. tomorrow evening, Thursday, Oct 27). Then go to sleep. Then get up and release it the next morning, San Francisco time. Keep an eye on our twitter feed: https://twitter.com/ZcashCo100 !

your pool will auto-change from testnet to real zcash at launch?
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October 27, 2016, 10:39:16 AM
 #275

That link is wrong.

It's:

https://twitter.com/ZcashCo

I'm glad I'm not judgmental like all you smug, superficial idiots
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October 27, 2016, 10:56:29 AM
 #276

price already high at 0.41 BTC. i won't buy no longer. looks like founders take all money:

------------------------------------------------------------------------------------------------

Zcash hype getting ridiculous

Zcash futures are live on BitMEX. Prices have been pumped to 0.34 BTC. That’s $234,09 per ZEC. The founders can’t stop laughing due to the following reason:

At first, 50 ZEC will be created every ten minutes. 80% of the newly created ZEC will go to the miners, and 20% ZEC to the founders.

Feel free to check their website to see if you can find the funding page as linked above. You probably can’t as it’s “hidden” to not inform the public. But let’s make some new calculations with the current price. $234,09 per ZEC is quite some money isn’t it?

At first, 50 ZEC will be created every ten minutes.

So, that’s 2.628.000 coins in the first year alone…… And the founders will take 20% of that? That’s 525.600 ZEC even while they sleep and do nothing. At current prices based on futures trading the marketcap for Zcash (ZEC) will be $615.188.520. That’s a $615 million marketcap! Now let’s see how this “dream team” of founders/investors is doing with that.
20% of 615.188.520 = 123.037.704


That’s $123 million owned by the founders after only 12 months!

This isn’t all as the founders will take 20% of all mined coins in the first 4 years. This adds up to a number of 2.1 million coins from the 21 million monetary base. But even while the 21 million coins won’t be mined in the next 10 years (just like Bitcoin) the founders already took their share. They even take more than they make you think:

The end result (as shown in the diagram) is that there will ultimately be 21 million ⓩ, and 10% of it, or 2.1 million ⓩ, will have been initially distributed to the founders.

Please look at the way they frame the 10% of 21 million coins using words like “ultimately” and “have been initially distributed”. A look at their graph shows the real numbers.

http://i65.tinypic.com/10wk48l.png

In 4 years the Zcash founders will own 20% of all coins. NOT THE SO CALLED 10%. It’s only somewhere in the 2030’s that this number gets diluted back to 10%. So now you understand that there’s no link on their frontpage to their funding-details isn’t it? And even when you find the link they try to fool you around with sentences like:

The end result (as shown in the diagram) is that there will ultimately be 21 million ⓩ, and 10% of it, or 2.1 million ⓩ, will have been initially distributed to the founders.

This project is optimized for hype and created to fill the pockets of a few individuals. The marketing language speaks for itself. Below is the link to their funding-page so you can check all the details I presented.

https://z.cash/blog/funding.html

Feel free to spread this article as much as you want.

----------------------------------------------

And price even higher already.

https://medium.com/@yobanjo/zcash-hype-getting-ridiculous-2d218a02357#.c7fkhvlku
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October 27, 2016, 11:20:52 AM
 #277

reads post

thinks of coin

realizes forgot to check poster, sees post count of 4




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October 27, 2016, 11:32:44 AM
 #278

Quote from: zamatoshi
snip
While the current price on BitMex is exceptionally high, it is probabky due to the lack of people willing to short on there and the expectation of limited supply due to the slow start.

Once the inflation kicks in, we will see the price drop.

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October 27, 2016, 12:04:18 PM
 #279

Lunching in ?

What time?

Thanks
bvalis
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October 27, 2016, 12:05:53 PM
 #280

Lunching in ?

What time?

Thanks
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