[ANN] Signatum - New Algorithm - Fair Launch - No Premine

[oisilener1982]

Pool Workers @ suprnova From 6K then Down to 4k and now Back to 6K.

Roller Coaster ride

Maybe nicehash miners? or zpool?

The price went up so the coin gets back in the focus as it's more profitable than the popular major coins.

SIGT up by 39.26% @ cryptopia.co.nz. Not bad for a new coin. This might be the reason for sudden increase in Miners @ suprnova. Less profit for us

[project earth]

Anyone mining with gtx970? how is hashrate?

[SunStruck]

The new wallet looks great too , however the icon file of the executable is still the ugly looking fingerprint

Please update ! 

[igotek]

I mined on aikapool at first. I think aikapool is the first pool for SIGT.

After suprnova had opened the SIGT pool, many miners started to mining on suprnova.

Difficulty up up up. People will learn the aikapool in time.

Both suprnova and aikapool are very good pools.

[oisilener1982]

Maintaining a website and Dedicated Devs is expensive

How are they earning right now? Others would just have ICO and instant millions of $

[berci01]

Do someone know, how to add a signatum paper wallet to the normal, windows wallet? I couldn't find how to import an existing address/key.

[deanerific]

Just a side note: Not that this is not expected I just want to see what other miners are experiencing. Over the last 24 hours my Coin per hours seem to have dropped from 20-25 down to 15-20. I'm assuming that this is due to the hype from the announcement resulting in more miners get onboard as Nethash rate has increased. The only thing that is throwing me is that I can't see the difficulty as having increased all that much.

Have others experienced a drop in rewards of about ~20%?

Also am I correct in assuming when the block reward halves, miners will leave - dropping net hash & difficulty, resulting in a less significant drop in rewards per minute for miners that stick?

i.e. 2500 reward spread over 100 miners @ 1 block per minute = 25 coins per minute per miner

then 1250 reward spread over 75 miners @ 1 block per minute = 16.7 coins per minute per miner

This is a drop of 33% rather than 50% in received rewards.

You're seeing the reduction in rewards because of an increase in hashing power.  My understanding is that SIGT is currently the most profitable coin to mine (maybe not right this second with 3 TH/s mining it). 

My assumption is that many of the people mining this coin are doing so as subsistence miners and they are immediately selling their mining proceeds at market rates to pay for their mining operations.  I believe that - upon the halving - there will be less pricing pressure as total inventory growth will slow (54.5% of all coins in existence will have already been mined) and we will see a price increase.  That price increase may cause mining profitability to remain at the same level as it is now, which would leave the Satoshi / minute earning potential of the coin at a stable level, even if the number of coins being mined falls.

If you mine 1000 coins per day at 1000 SAT the revenue you derrive per day is equivalent to mining 500 coins at 2000 SAT. 

[el3f]

What is the best intensity for nvidia 1070? I am currently using 25 as my intensity.  

i'm using 20 and getting ~27MH/s and u?

I am getting 28.2mh at 25 intensity

[Eatbatterys]

Maintaining a website and Dedicated Devs is expensive

How are they earning right now? Others would just have ICO and instant millions of $

Website design and maintenance have been done by myself and Padraig. We're just dedicated community contributors that believe in this coin and are happy to lend a helping hand.

Not requesting any sort of pay. Just working for tips!

If you have any questions about Signatum, feel free to drop by our Discord at https://discord.gg/XkVgaRb and say hello.

If you'd like to tip either of us, our wallet addresses are below.

Padraig: BMTHkXVbT7JRyYtXSftHV8niVVgdp2hgyi
Eatbatterys: B9oUPwdj1vwHPSKxCFcXHLbswtNpRBxost

[bryanayrb]

Just wondering

Where did all the funds came from without any ICO or fundraising?

Anybody from Sigt expert/dev please answer these question we need to have enlightenment. Thanks in advance!

[enkayz]

Just wondering

Where did all the funds came from without any ICO or fundraising?

Anybody from Sigt expert/dev please answer these question we need to have enlightenment. Thanks in advance!

Funds came from the first 1000 blocks which were instamined. Difficulty only kicked in at block ~1000, dev probably mined about 2.5M SIGT however it was spread across 1000 wallet addresses and has been transferred around into several wallets holding <100k each. Have a look in the block explorer at any block 1-1000 and then follow where that miner's funds went and you'll find a block where ~10 wallet addresses transfer their funds into another wallet (which can only be done using the same private key for all input addresses).

[Jazek]

Anyone mining with gtx970? how is hashrate?

With overclock i get 13.1Mh/s at 150Watts +225 Core +450 Mem (maybe too much overclock?)

[mappo]

Maintaining a website and Dedicated Devs is expensive

How are they earning right now? Others would just have ICO and instant millions of $

Website design and maintenance have been done by myself and Padraig. We're just dedicated community contributors that believe in this coin and are happy to lend a helping hand.

Not requesting any sort of pay. Just working for tips!

If you have any questions about Signatum, feel free to drop by our Discord at https://discord.gg/XkVgaRb and say hello.

If you'd like to tip either of us, our wallet addresses are below.

Padraig: BMTHkXVbT7JRyYtXSftHV8niVVgdp2hgyi
Eatbatterys: B9oUPwdj1vwHPSKxCFcXHLbswtNpRBxost

Impressive stuff! Two points of note. Spelling error in the about post on home page -

ABOUT
 
SIGNATUM
Signatum is a cryptocurrency aimed at offering seamless utility on both public and TOR markets. Signatum is designed to be easily integrated into several applications, including payment platforms, exchanges, and marketplaces. Signatum features the new SkunHash Raptor algorithm that enables strong ASIC-resistance during the proof of work phase and encourages fairness for miners and investors alike by driving broad coin distribution and ownership while creating real-world application.

Also at the end of the page the copyright could probably have a year as I'm pretty sure the way they work is you register a copyright for a set time, and keep renewing it. Even if there isn't any registration it probably looks better with the year on it.

I'm happy to do proofing on things - I also noted a number of spelling/grammar errors on the whitepaper a week ago. I haven't looked closely at the current one but hopefully they have all been picked up.

[oisilener1982]

Just wondering

Where did all the funds came from without any ICO or fundraising?

Anybody from Sigt expert/dev please answer these question we need to have enlightenment. Thanks in advance!

Funds came from the first 1000 blocks which were instamined. Difficulty only kicked in at block ~1000, dev probably mined about 2.5M SIGT however it was spread across 1000 wallet addresses and has been transferred around into several wallets holding <100k each. Have a look in the block explorer at any block 1-1000 and then follow where that miner's funds went and you'll find a block where ~10 wallet addresses transfer their funds into another wallet (which can only be done using the same private key for all input addresses).

Nice research. It seems like a little pre mining for the devs which is fine. They deserve to have some funds for the hard work and time

I asked this because Devs need enough funds for a project as big as SIGT.

Insufficient funds and the project will fail

[Eatbatterys]

Maintaining a website and Dedicated Devs is expensive

How are they earning right now? Others would just have ICO and instant millions of $

Website design and maintenance have been done by myself and Padraig. We're just dedicated community contributors that believe in this coin and are happy to lend a helping hand.

Not requesting any sort of pay. Just working for tips!

If you have any questions about Signatum, feel free to drop by our Discord at https://discord.gg/XkVgaRb and say hello.

If you'd like to tip either of us, our wallet addresses are below.

Padraig: BMTHkXVbT7JRyYtXSftHV8niVVgdp2hgyi
Eatbatterys: B9oUPwdj1vwHPSKxCFcXHLbswtNpRBxost

Impressive stuff! Two points of note. Spelling error in the about post on home page -

ABOUT
 
SIGNATUM
Signatum is a cryptocurrency aimed at offering seamless utility on both public and TOR markets. Signatum is designed to be easily integrated into several applications, including payment platforms, exchanges, and marketplaces. Signatum features the new SkunHash Raptor algorithm that enables strong ASIC-resistance during the proof of work phase and encourages fairness for miners and investors alike by driving broad coin distribution and ownership while creating real-world application.

Also at the end of the page the copyright could probably have a year as I'm pretty sure the way they work is you register a copyright for a set time, and keep renewing it. Even if there isn't any registration it probably looks better with the year on it.

I'm happy to do proofing on things - I also noted a number of spelling/grammar errors on the whitepaper a week ago. I haven't looked closely at the current one but hopefully they have all been picked up.

Thank you! Somebody else noted the spelling error you brought up. It was fixed but not published so I've remedied that.

Feel free to do any proofing you have time available for and let me know via Discord in a PM!

[Moondoggie]

damn, only getting 13,x
core 2000mhz (+100), memory 3800 unclocked, 80% power
automatic intensity 19

Raise intensity to 21-22 and check.

Tried everything from 14-24, nothing is better : /


1060 6GB cards

Are you sure you're running my miner or _sp miner? Seems fair speed for 6Gb on tpruvot's implementation.

Somehow i was running ccminer 2.2 from git and when i switched to this https://github.com/palginpav/ccminer/releases/tag/skunk-1
i started getting 17Mh/s
I guess i assumed the higher version was newer when looking

Thanks!

Can somebody confirm that this is legit miner without virus?

i can,works well for me.

Working for me, seems to be same speeds as the "ccminer-1.0-skunk" version that i was previously using.

[oisilener1982]

Conversation with the Devs @ https://discordapp.com/channels/340535553105723392/340535553105723392

Renel - Today at 8:42 AM
IS this true? Funds came from the first 1000 blocks which were instamined. Difficulty only kicked in at block ~1000, dev probably mined about 2.5M SIGT however it was spread across 1000 wallet addresses and has been transferred around into several wallets holding <100k each. Have a look in the block explorer at any block 1-1000 and then follow where that miner's funds went and you'll find a block where ~10 wallet addresses transfer their funds into another wallet (which can only be done using the same private key for all input addresses).

dondangles - Today at 8:43 AM
@Renel no, first block wasn't mined until after the ANN
Just FUD

dondangles - Today at 8:44 AM
@Renel the devs mined some I'm sure, but only after the ANN went up

dondangles - Today at 8:46 AM
@Renel making a coin costs basically nothing but time, as with any development. Most ICOs are shameless cash grabs

[junior.masters]

Hey guys i have a question, wich pool is better, one with 2100 miners (yiimp) or another with only 220 miners (hashbag) for profit? That can make any difference?

[hyet24]

I was mining even smaller pools than that.  Good find.  lol  I really like smaller pools.   One I was with had only 20 workers and manage to get avg 3100 sometimes burst of 7000 with luck.

[oisilener1982]

Hey guys i have a question, wich pool is better, one with 2100 miners (yiimp) or another with only 220 miners (hashbag) for profit? That can make any difference?

More miners = Greater chance of Finding a block
Less Miners = Lesser chance of finding a block and depends on LUCk. You might earn more if the pool is lucky enough to find a block