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Author Topic: [ANN][HLM] HELIUM  (Read 189395 times)
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rhinomonkey
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July 31, 2017, 11:41:07 AM
 #641

Everyone please be advised, as it doesn't seem to be clear.

THE DATE FOR THE SNAPSHOT IS NOT AUGUST 1.

The new snapshot date will be announced later, and will take place sometime before the September launch.



Would it not have been easier for coins101 to actually post himself in the second post that is titled "RESERVED FOR REGULAR UPDATES." Instead of linking to a paste bin that is still kind of vague? I am just meaning that it does not actually say out right that the snap shot date is moved to "x" (which said link is not even in the "RESERVED FOR REGULAR UPDATES".

I just mentioned this to Karmashark. Hopefully we can get this to be more visible shortly.

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July 31, 2017, 11:48:47 AM
 #642

Hi, does exist a telegram or a slack group for all the news about helium coin?
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July 31, 2017, 11:50:36 AM
 #643

Hi, does exist a telegram or a slack group for all the news about helium coin?

There is an auto-invite for Slack listed in the OP.  Smiley

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July 31, 2017, 11:59:56 AM
 #644

Everyone please be advised, as it doesn't seem to be clear.

THE DATE FOR THE SNAPSHOT IS NOT AUGUST 1.

The new snapshot date will be announced later, and will take place sometime before the September launch.



I guess this is a green light for people to dump SPR for BTC/BCC snapshot August 1st, and then re-buy SPR for the delayed HLM snapshot. Someone made some healthy sells near 50k sat price a few days ago.
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July 31, 2017, 08:32:36 PM
 #645

thnx guys for the information. keep my coins on bittrex Cool

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August 01, 2017, 06:38:11 PM
 #646


From what I've read so far about Spreadcoin and Helium, Helium is the version2 of Spreadcoin. I could be wrong.


SpreadCoin is scrypt algo and Helium will be x11 algo, also the masternode model has  a slightly different approach,
Helium will follow Dash (1.000 coins are required / allocated).

Both coins have their own dev and roadmap (that is the reason of the 'split')

Spreadcoin is not scrypt, it uses SpreadX11, a modified X11 algo.

Spreadcoin have no ASICs but Helium will only be mined by ASICs effectively because of X11, mostly from multipools by people who won't ever know they're mining HLM as they just get paid in BTC.


And it's pretty much guaranteed HLM's difficulty will get kicked to super high and stuck there for a while a few times if ASICs kick it off and leave - once the price drops or interest fades.

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August 01, 2017, 07:47:39 PM
 #647

Is there any reason why they went x11 vs an asic resistant algo? And is there a chance coin algo may change before release or is it set as x11
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August 01, 2017, 08:18:51 PM
 #648

Is there any reason why they went x11 vs an asic resistant algo? And is there a chance coin algo may change before release or is it set as x11

Pretty hard to find any reason.

Someone could think for potential personal interest, with a proprietary X11 asic farm. Going for ASIC in 2017 it's not wise, give the market conditions.

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August 01, 2017, 08:40:08 PM
 #649

Is there any reason why they went x11 vs an asic resistant algo? And is there a chance coin algo may change before release or is it set as x11
Pretty hard to find any reason.
Someone could think for potential personal interest, with a proprietary X11 asic farm. Going for ASIC in 2017 it's not wise, give the market conditions.

This is on the first post of the ANN.

Code:
* PoW only algo X11 (with a review being made to change to something else after we fork off DASH code).
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August 01, 2017, 09:13:55 PM
 #650

Too bad they went with X11..no luck for small GPU miners.
I was hoping to get some HLM at the begining but that won't be the case.
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August 02, 2017, 05:04:24 AM
 #651

Too bad they went with X11..no luck for small GPU miners.
I was hoping to get some HLM at the begining but that won't be the case.

It'a a Dash fork and maybe in the beginning you can mine with GPU because the most Asics will be on Dash,
and almost every masternode coin that is released recently is x11 (dash fork) like CreamCoin, Das, etc.

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August 02, 2017, 05:26:09 AM
 #652

Is there any reason why they went x11 vs an asic resistant algo? And is there a chance coin algo may change before release or is it set as x11

Helium want to be mined by ASIC miners, we even planning to design our own as well. More hashpower mean more secure network. That is more important then home mining.

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August 02, 2017, 05:47:36 AM
Last edit: August 04, 2017, 05:57:12 AM by Amph
 #653

Is there any reason why they went x11 vs an asic resistant algo? And is there a chance coin algo may change before release or is it set as x11

Helium want to be mined by ASIC miners, we even planning to design our own as well. More hashpower mean more secure network. That is more important then home mining.

not true, you can secure any coin with gpu alone, big farm can do that without problem, look at ETH, it's secured without asic, you can't 51% that easily without buying 2M gpu
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August 02, 2017, 08:17:08 AM
 #654

Is there any reason why they went x11 vs an asic resistant algo? And is there a chance coin algo may change before release or is it set as x11

Helium want to be mined by ASIC miners, we even planning to design our own as well. More hashpower mean more secure network. That is more important then home mining.

not true, you can secure any coin with gpu alone, big farm can do that without problem, look at ETH, i'ts secured without asic, you can't 51% that easily without buying 2M gpu

Yes, you are right, you can secure a coin with a GPU farms... But which one consume less energy and generate less running expenses for the miner? ASIC or GPU farms?

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August 02, 2017, 08:32:21 AM
 #655

Done securing 1,005 SPR's yesterday @ BTC0.00031 to support Helium project. Excited to setup my Masternode.  Grin

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August 02, 2017, 10:12:10 AM
 #656

Done securing 1,005 SPR's yesterday @ BTC0.00031 to support Helium project. Excited to setup my Masternode.  Grin

Good job :-) are you going to use a vps or built it on your own?

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August 02, 2017, 10:28:21 AM
 #657

Done securing 1,005 SPR's yesterday @ BTC0.00031 to support Helium project. Excited to setup my Masternode.  Grin

Good job :-) are you going to use a vps or built it on your own?


I'm planning to build this on my own, using a VM. That way it will help HLM in distributing Masternodes globally. I'm in a GMT+8 timezone btw.  Grin

If there's a Beta MN, I'd be happy to test it. Just give me the steps and instructions how to set it up.   Smiley

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August 02, 2017, 10:37:22 AM
 #658

Done securing 1,005 SPR's yesterday @ BTC0.00031 to support Helium project. Excited to setup my Masternode.  Grin

Good job :-) are you going to use a vps or built it on your own?


Attaboy!!! we will have to wait til the 1st week of September to be able to redeem the said HLM . Plus shop around a server to host your masternode.

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August 02, 2017, 01:22:27 PM
 #659

I will be hosting nodes as well, for those who would like to use that service.

My servers are located in 5 different datacenters around the world...


Node-VPS.com (still working on website)

node-vps.com - Tron / Masternode hosting services
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August 03, 2017, 01:48:42 AM
 #660

I will be hosting nodes as well, for those who would like to use that service.

My servers are located in 5 different datacenters around the world...


Node-VPS.com (still working on website)
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