nawazish1
Sr. Member
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Activity: 462
Merit: 250
PXC Research Team
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June 09, 2013, 11:54:00 AM |
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i've left a miner on this as i think pxc is only unprofitable to mine if you judge it on todays price, if you take in to account the devs and the forthcoming things for pxc you can see easilyt the value is 5x or more what it is saying now. So if you believe this it is still profitable to mine.
However i have said this since the begining of the thread that the diff readjust is not good, it needs to really work like dgc and wdc fast readjustment is protect against immediate profit miners that mess with the diff. It stops them raiding lots of easy coins and leaving the dff high when the go on to mine the next coin.
This coin design is now out dated and needs a far quicker readjust.
I am agreed. We need even faster difficulty adjustments then DGC and WDC. It will make a huge difference if the difficulty adjustment is set to 2-3 hour.
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PXC: PmfFgdwwcXPa1QUmtVJevdPfHhmhztHHCv BTC: 1P22tVABsd85L7kkpTmohCv5vK2BypFz3H Phoenixcoin (PXC), a decentralised open source digital currency.
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JeanCool
Full Member
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Activity: 224
Merit: 100
School of Hard Knocks
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June 09, 2013, 01:01:18 PM |
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i've left a miner on this as i think pxc is only unprofitable to mine if you judge it on todays price, if you take in to account the devs and the forthcoming things for pxc you can see easilyt the value is 5x or more what it is saying now. So if you believe this it is still profitable to mine.
However i have said this since the begining of the thread that the diff readjust is not good, it needs to really work like dgc and wdc fast readjustment is protect against immediate profit miners that mess with the diff. It stops them raiding lots of easy coins and leaving the dff high when the go on to mine the next coin.
This coin design is now out dated and needs a far quicker readjust.
Actually this seemes more like a targeted attack. for some hours there were more than 3.5 GHash on PXC - from 4-500 before and now like 60 lol...so this was not a miner thing but somebody tried to bring it down..but no way!
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zackclark70
Legendary
Offline
Activity: 868
Merit: 1000
ADT developer
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June 09, 2013, 01:06:27 PM |
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i've left a miner on this as i think pxc is only unprofitable to mine if you judge it on todays price, if you take in to account the devs and the forthcoming things for pxc you can see easilyt the value is 5x or more what it is saying now. So if you believe this it is still profitable to mine.
However i have said this since the begining of the thread that the diff readjust is not good, it needs to really work like dgc and wdc fast readjustment is protect against immediate profit miners that mess with the diff. It stops them raiding lots of easy coins and leaving the dff high when the go on to mine the next coin.
This coin design is now out dated and needs a far quicker readjust.
Actually this seemes more like a targeted attack. for some hours there were more than 3.5 GHash on PXC - from 4-500 before and now like 60 lol...so this was not a miner thing but somebody tried to bring it down..but no way! lets hope thay make a hard fork and change the diff retaget times to 1h or so
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lucazane
Legendary
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Activity: 1198
Merit: 1000
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June 09, 2013, 01:15:07 PM |
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lets hope thay make a hard fork and change the diff retaget times to 1h or so
hardfork is bad for the reputation of the coin. we need hash power or price jump
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MaGNeT
Legendary
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Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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June 09, 2013, 01:17:58 PM Last edit: June 09, 2013, 01:55:53 PM by MaGNeT |
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i've left a miner on this as i think pxc is only unprofitable to mine if you judge it on todays price, if you take in to account the devs and the forthcoming things for pxc you can see easilyt the value is 5x or more what it is saying now. So if you believe this it is still profitable to mine.
However i have said this since the begining of the thread that the diff readjust is not good, it needs to really work like dgc and wdc fast readjustment is protect against immediate profit miners that mess with the diff. It stops them raiding lots of easy coins and leaving the dff high when the go on to mine the next coin.
This coin design is now out dated and needs a far quicker readjust.
Actually this seemes more like a targeted attack. for some hours there were more than 3.5 GHash on PXC - from 4-500 before and now like 60 lol...so this was not a miner thing but somebody tried to bring it down..but no way! lets hope thay make a hard fork and change the diff retaget times to 1h or so 576 block / 48 hour retarget is fast enough to not get it stuck for a long time. But the real problem is: we all believe in PXC but when diff is a bit high we start looking at "profitability" and "mining at loss". What loss? Don't you believe in it anymore? Are you selling now anyway? I'm not... So how can you tell you're mining at loss? When LTC diff was 10 in 2012, I wish I would have kept mining until april 2013... But I didn't, because it was "mining at a loss"... Now I regret... If you support/believe in a coin, mine it or buy it, for better or worse. I do both When the new features of the Phenix developers are released, price will go up and difficulty 10 will be the lowest you will see for a long while.
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JeanCool
Full Member
Offline
Activity: 224
Merit: 100
School of Hard Knocks
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June 09, 2013, 01:26:51 PM |
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i've left a miner on this as i think pxc is only unprofitable to mine if you judge it on todays price, if you take in to account the devs and the forthcoming things for pxc you can see easilyt the value is 5x or more what it is saying now. So if you believe this it is still profitable to mine.
However i have said this since the begining of the thread that the diff readjust is not good, it needs to really work like dgc and wdc fast readjustment is protect against immediate profit miners that mess with the diff. It stops them raiding lots of easy coins and leaving the dff high when the go on to mine the next coin.
This coin design is now out dated and needs a far quicker readjust.
Actually this seemes more like a targeted attack. for some hours there were more than 3.5 GHash on PXC - from 4-500 before and now like 60 lol...so this was not a miner thing but somebody tried to bring it down..but no way! lets hope thay make a hard fork and change the diff retaget times to 1h or so 576 block / 48 hour retarget is fast enough to not get it stuck for a long time. But the real problem is: we all believe in PXC but when diff is a bit high we start looking at "profitability" and "mining at loss". What loss? Don't you believe in it anymore? Are you selling now anyway? I'm not... So how can you tell you're are mining at loss? When LTC diff was 10 in 2012, I wish I would have kept mining until april 2013... But I didn't, because it was "mining at a loss"... Now I regret... If you support/believe in a coin, mine it or buy it, for better or worse. I do both When the new features of the Phenix developers are released, price will go up and difficulty 10 will be the lowest you will see for a long while. Words of wisdom spoken here!
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nawazish1
Sr. Member
Offline
Activity: 462
Merit: 250
PXC Research Team
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June 09, 2013, 01:54:06 PM |
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i've left a miner on this as i think pxc is only unprofitable to mine if you judge it on todays price, if you take in to account the devs and the forthcoming things for pxc you can see easilyt the value is 5x or more what it is saying now. So if you believe this it is still profitable to mine.
However i have said this since the begining of the thread that the diff readjust is not good, it needs to really work like dgc and wdc fast readjustment is protect against immediate profit miners that mess with the diff. It stops them raiding lots of easy coins and leaving the dff high when the go on to mine the next coin.
This coin design is now out dated and needs a far quicker readjust.
Actually this seemes more like a targeted attack. for some hours there were more than 3.5 GHash on PXC - from 4-500 before and now like 60 lol...so this was not a miner thing but somebody tried to bring it down..but no way! lets hope thay make a hard fork and change the diff retaget times to 1h or so 576 block / 48 hour retarget is fast enough to not get it stuck for a long time. But the real problem is: we all believe in PXC but when diff is a bit high we start looking at "profitability" and "mining at loss". What loss? Don't you believe in it anymore? Are you selling now anyway? I'm not... So how can you tell you're are mining at loss? When LTC diff was 10 in 2012, I wish I would have kept mining until april 2013... But I didn't, because it was "mining at a loss"... Now I regret... If you support/believe in a coin, mine it or buy it, for better or worse. I do both When the new features of the Phenix developers are released, price will go up and difficulty 10 will be the lowest you will see for a long while. I was thinking the same but don't know what drove me away. You brought me back to PXC. Thanks.
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PXC: PmfFgdwwcXPa1QUmtVJevdPfHhmhztHHCv BTC: 1P22tVABsd85L7kkpTmohCv5vK2BypFz3H Phoenixcoin (PXC), a decentralised open source digital currency.
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Joerii
Legendary
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Activity: 1274
Merit: 1050
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June 09, 2013, 03:49:51 PM Last edit: June 09, 2013, 10:02:46 PM by Joerii |
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I'm on Cryptsy a lot, watching the prices and buying small, low sell orders, so YOU dont have to. I'm selling these 5k batches through safetrade. 5k for 1 BTC is actually a good price, you'd have to spend a lot of time getting it cheaper. Low volume on Cryptsy makes it hard to buy more then a few K at a reasonable price. Search for these TX ID's on phenixst.com :
Selling :
5k for 1 BTC : 51B4A3DD-8F75-F123-70F8, 51B4A5C3-54D5-6678-3C1D, 51B4A60A-9B70-F12C-5070,51B4A643-B98E-6972-AB10 10k for 2 BTC: 51B4A685-A7DC-CFB1-CFC9
I'm also buying PXC 10k for 1.75 BTC : 51B4A685-A7DC-CFB1-CFC9
I'm temporarily out of BTC. Buying more when my SEPA transfer comes in at MtGox or when I sell some of the above orders.
Due too the scary news around Cryptsy, I'm cancelling all my trades and pulling back all funds, sorry no trades at this time.
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Hypercube - get the attention you deserve
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Joerii
Legendary
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Activity: 1274
Merit: 1050
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June 09, 2013, 05:43:41 PM |
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Hypercube - get the attention you deserve
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nviere
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June 09, 2013, 08:22:25 PM |
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Certainly look forward to the new updates!
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MaGNeT
Legendary
Offline
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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June 09, 2013, 10:16:08 PM Last edit: June 10, 2013, 05:31:33 PM by MaGNeT |
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Want to buy 32,000 PXC in 5,000 (and one 8,000) buys!!! I offer 0.000175 BTC / PXC price! --------------------------------------------------- 5000 PXC for 0.875 BTC Transaction ID: 51B4FC05-8CF7-8AFB-D3B8 LINK--------------------------------------------------- 5000 PXC for 0.875 BTCTransaction ID: 51B4FBF2-4628-50A0-5637LINK--------------------------------------------------- 5000 PXC for 0.875 BTCTransaction ID: 51B4FBE0-43FD-2824-F883LINK--------------------------------------------------- 5000 PXC for 0.875 BTCTransaction ID: 51B4FBCD-990D-38F2-C983LINK--------------------------------------------------- 5000 PXC for 0.875 BTCTransaction ID: 51B4FBA6-87CF-D914-5FC5LINK--------------------------------------------------- 8000 PXC for 1.4 BTCTransaction ID: 51B503B5-8163-357C-3053LINK--------------------------------------------------- Trading them at Phenix Safe Trader -> https://phenixst.comSafe for buyer and seller
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Joerii
Legendary
Offline
Activity: 1274
Merit: 1050
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June 09, 2013, 10:17:59 PM |
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Want to buy 25,000 PXC in 5,000 buys!!!
Damn I'm jealous of your BBcode skills, I can never get it to format like that
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Hypercube - get the attention you deserve
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MaGNeT
Legendary
Offline
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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June 09, 2013, 10:28:08 PM |
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Want to buy 25,000 PXC in 5,000 buys!!!
Damn I'm jealous of your BBcode skills, I can never get it to format like that ---------------------------------------------------
[color=red]5000 PXC for 0.875 BTC[/color] Transaction ID: [b]51B4FC05-8CF7-8AFB-D3B8[/b] [url=https://phenixst.com?t=51B4FC05-8CF7-8AFB-D3B8]LINK[/url]
---------------------------------------------------
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zackclark70
Legendary
Offline
Activity: 868
Merit: 1000
ADT developer
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June 09, 2013, 10:29:56 PM |
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Want to buy 25,000 PXC in 5,000 buys!!!
Damn I'm jealous of your BBcode skills, I can never get it to format like that ---------------------------------------------------
[color=red]5000 PXC for 0.875 BTC[/color] Transaction ID: [b]51B4FC05-8CF7-8AFB-D3B8[/b] [url=https://phenixst.com?t=51B4FC05-8CF7-8AFB-D3B8]LINK[/url]
---------------------------------------------------
just typ into google how to code there is a step by step guide
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mika1977
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June 10, 2013, 05:25:08 AM |
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I`m pull in another 1200 Khash to mine PXC. It will be great to rise a little bit more the hash power, and step forward to retarget. We need more miners now.
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MaGNeT
Legendary
Offline
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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June 10, 2013, 05:42:42 AM Last edit: June 10, 2013, 05:32:14 PM by MaGNeT |
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Want to buy 32,000 PXC in 5,000 (and one 8,000) buys!!!
I offer 0.000175 BTC / PXC price!
Offer still stands, scroll up for the details edit: first 5,000 buy order is filled now, 27,000 remaining
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MaGNeT
Legendary
Offline
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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June 10, 2013, 07:28:43 PM |
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I think I just bought another 32,000 PXC When all PhenixST escrow transactions have cleared, I let you know
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lucazane
Legendary
Offline
Activity: 1198
Merit: 1000
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June 10, 2013, 07:32:21 PM |
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Any news on client update ?
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Joerii
Legendary
Offline
Activity: 1274
Merit: 1050
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June 10, 2013, 07:51:33 PM |
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Any news on client update ?
Not yet. Keep watching the update thread
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Hypercube - get the attention you deserve
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MaGNeT
Legendary
Offline
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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June 10, 2013, 08:03:55 PM |
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I'm solo mining now but not much luck I'll be back on one of the pools soon if I don't find one in the next 2 hours... I found many blocks at phenixmining.com http://www.phenixmining.com/blocksAuth (have to login to see?)
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