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Author Topic: [ANN] Elacoin | Released | Fair Elastic Scrypt Mining | No Premine  (Read 133882 times)
super3
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December 14, 2013, 12:33:18 PM
 #1861

On IRC now.

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Reece523
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December 14, 2013, 09:17:14 PM
 #1862

Is there a working block explorer for Elacoin?
mat5x
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December 16, 2013, 09:29:54 AM
 #1863

Is there a working block explorer for Elacoin?

yep

http://elc.webboise.com

thanks diatonic

wiki fixed up soon.

Elacoin/ELC - block reward proportional-to-difficulty coin! http://elacoin.com
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December 16, 2013, 09:36:09 AM
 #1864

Since then block reward went up to 2.52, so our estimates were showing 50% lower than expected. We adjusted it accordingly now and will keep an eye on it while working on automatic block reward retarget tool.

read this a little closer now. You know that ELC isnt the only coin with a variable reward. Anyway, easy to calc the difficulty, just rip it right out of main.cpp from the elc source.

Elacoin/ELC - block reward proportional-to-difficulty coin! http://elacoin.com
mat5x
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December 16, 2013, 06:57:45 PM
 #1865

so whatever the hell coins-e.com is, coinchoose.com just switched many coins to it, so all the markets are fucked up on CC.

so much for coinchoose. dont pay it any attention, like usual.

Elacoin/ELC - block reward proportional-to-difficulty coin! http://elacoin.com
mat5x
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December 16, 2013, 07:18:31 PM
 #1866

so whatever the hell coins-e.com is, coinchoose.com just switched many coins to it, so all the markets are fucked up on CC.

so much for coinchoose. dont pay it any attention, like usual.


now its back to cryptsy, randomly.. anyone know wtf?

Elacoin/ELC - block reward proportional-to-difficulty coin! http://elacoin.com
diatonic
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December 26, 2013, 10:19:35 PM
 #1867

so whatever the hell coins-e.com is, coinchoose.com just switched many coins to it, so all the markets are fucked up on CC.

so much for coinchoose. dont pay it any attention, like usual.


now its back to cryptsy, randomly.. anyone know wtf?


When the cryptsy api is down, coinchoose doesn't show their market data. Coins that are listed elsewhere will still be displayed, many coins will disappear until cryptsy's api comes back.

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mat5x
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December 27, 2013, 05:25:12 AM
 #1868

When the cryptsy api is down, coinchoose doesn't show their market data. Coins that are listed elsewhere will still be displayed, many coins will disappear until cryptsy's api comes back.

If any autominers are following CC, then that must cause total havoc, because the last traded prices on coins-e are sometimes 10x less or more than cryptsy because there's like 0 volume at coins-e. Ghettoxchange.

Looks like we've got real attention for miners now who see their mining rewards are maintained through difficulty changes since its proportional to diff. Working out well despite the ups and downs in hash power - we're at the top of the cc list now...

Elacoin/ELC - block reward proportional-to-difficulty coin! http://elacoin.com
kokett
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December 30, 2013, 12:30:14 PM
 #1869

I dont understand why some crap coins,
I mean coins with no new features at all have 10 times the Market Cap of this coin.

Elacoin isn't that bad, is it?
mat5x
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December 30, 2013, 05:10:47 PM
 #1870

I dont understand why some crap coins,
I mean coins with no new features at all have 10 times the Market Cap of this coin.

Elacoin isn't that bad, is it?

you tell me!

I see people say "I dont know what these alt coins are, but 'goldcoin' sounds good because I've heard of gold before! So Ill buy that!" Derp.

When that's what it takes to get people into a coin, you know it's going to crash.

I think elacoin has some notional residual value because the current value of new blocks is based on how much mining power is out there. That's a kinda vote on the existence of the coin - put your hashes where your mouth is kinda thing.

You'll notice elacoin's profitability has been relatively stable, not swinging 100x like other crapcoins. Yes, it swings, but so does bitcoin, but much under 10x from week to week.

Can't say why. Maybe we got something here.

Elacoin/ELC - block reward proportional-to-difficulty coin! http://elacoin.com
FiatKiller
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December 30, 2013, 09:59:17 PM
 #1871

The value and hashing power are not changing because it is several months old and only the diehards are still mining it i.e. the hype and crash stage is over. All new coins will do this unless they really get popular for many possible reasons.

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mat5x
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January 01, 2014, 07:39:52 AM
 #1872

howd the diff get to 17 and 1GH/s earlier today if only diehards are mining it? it's lots of new miners obviously.

hype pump and crash ('to the mooncoin, cat!') are over, yes, definitely. you cant invent a coin out of thin air that's 6 months old and past the hype stage.

Elacoin/ELC - block reward proportional-to-difficulty coin! http://elacoin.com
cof
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January 02, 2014, 05:02:41 AM
 #1873

howd the diff get to 17 and 1GH/s earlier today if only diehards are mining it? it's lots of new miners obviously.

hype pump and crash ('to the mooncoin, cat!') are over, yes, definitely. you cant invent a coin out of thin air that's 6 months old and past the hype stage.


hype can happen anytime
strawie
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January 02, 2014, 08:54:21 AM
 #1874

See, I just learned about that coin and it caught my attention. Maybe gonna through some hashpower at it.
YoyodyneSystems
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January 04, 2014, 05:57:21 AM
 #1875


The coin seems abandoned. The OP links are mostly dead. Forums dead.
Too bad... Seems nice.
CaptainAK
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January 04, 2014, 03:41:12 PM
Last edit: January 15, 2014, 05:20:20 AM by CaptainAK
 #1876

Pool available at http://elc.pnwminer.com

VARDIFF
Stratum
PPLNS
Intro Fee 1.25%
First 5 users who sign up and mine for 48 hours will get their fees set to zero after the 48 hour time period. Permanently!

UPDATE: The 5 no-fee spots have now been claimed!
mat5x
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January 06, 2014, 03:57:44 PM
 #1877


The coin seems abandoned. The OP links are mostly dead. Forums dead.
Too bad... Seems nice.

People seem to be automining it or choosing it by hand. We don thave projects in the works to get the IMF to use Elacoin for all world projects right now, but that's not necessarily a sign the coin is dead.

Elacoin/ELC - block reward proportional-to-difficulty coin! http://elacoin.com
mat5x
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January 06, 2014, 03:59:35 PM
Last edit: January 06, 2014, 06:44:58 PM by mat5x
 #1878

Pool available at http://elc.pnwminer.com

VARDIFF
Stratum
PPLNS
Intro Fee 1.25%
First 5 users who sign up and mine for 48 hours will get their fees set to zero after the 48 hour time period. Permanently!

Ill buy that for a dollar!

Elacoin/ELC - block reward proportional-to-difficulty coin! http://elacoin.com
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January 12, 2014, 10:06:00 PM
 #1879

Price is quite low, I am thinking about buying some.
coinking
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January 13, 2014, 04:47:29 AM
 #1880

i was thinking about that today. what did you decide? would have been a good choice!

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