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Author Topic: PowerCoin PWC 1500%+ Profitability!!  (Read 3227 times)
roundmaster
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May 22, 2013, 12:19:40 PM
 #81

I've been using this pool: http://next.afraid.org:8113 for some time, this one works well.


The pool is there will need some MH/s to be competitive. Now powercoin has a hashrate around 230MH/s this is huge.
That is no where near huge.

Two days ago powercoin was far from a full hashrate of  230MH/s... But now, that has changed...
Boxman90
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May 22, 2013, 12:20:33 PM
 #82

The premine has all been used for bounties and giveaways, and you are the guy who asked for a bribe not to expose the premine (when it was always supposed to be used the way it was)... The bter mishap was already explained. And 1500% happened at the beggining of cryptsy exchange (some trades at 0.00017 and up, while difficulty was still low), after that it was indeed wrong.

Doesn't matter whether he gave it away or not (nobody can check that also). What matters is that he lied about every single instance, and kept true to his lie until it was undeniably proven to be a lie.

- NWO promised multiple times there was no pre-mine at all, kept on insisting until the proof was posted
- NWO promisted multiple times it would be on bter, kept on insisting until a bter dev actually told it was BS
- NWO now insists that this shit has 1500% profitability when it was never that profitable

All proven to be lies.

LTC: LKKy4eDWyVtSrQAJy7Qmmz61RaFY91D9yC   BTC: 18fzdnCkuUNthCD8hM36UBGopFa9ij78gG
Hydroponica
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May 22, 2013, 12:21:14 PM
 #83

I've been using this pool: http://next.afraid.org:8113 for some time, this one works well.


The pool is there will need some MH/s to be competitive. Now powercoin has a hashrate around 230MH/s this is huge.
That is no where near huge.

Two days ago powercoin was far from a full hashrate of  230MH/s... But now, that has changed...

Have you not been paying attention? It increased due to a combination of a Choosecoin bug, and a mass lack of common sense. Bug fixed, buh-bye powercoin..

Hydroponica
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May 22, 2013, 12:22:02 PM
 #84

The premine has all been used for bounties and giveaways, and you are the guy who asked for a bribe not to expose the premine (when it was always supposed to be used the way it was)... The bter mishap was already explained. And 1500% happened at the beggining of cryptsy exchange (some trades at 0.00017 and up, while difficulty was still low), after that it was indeed wrong.

Doesn't matter whether he gave it away or not (nobody can check that also). What matters is that he lied about every single instance, and kept true to his lie until it was undeniably proven to be a lie.

- NWO promised multiple times there was no pre-mine at all, kept on insisting until the proof was posted
- NWO promisted multiple times it would be on bter, kept on insisting until a bter dev actually told it was BS
- NWO now insists that this shit has 1500% profitability when it was never that profitable

All proven to be lies.

You left out the second time he lied about an echange, to keep his coin alive

clint25n
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May 22, 2013, 12:22:10 PM
 #85

I may create a separate page.  However, this issue wasn't a pricing issue as the price stayed relatively stable (and my site drops the coin if all buy orders are gone automatically).  I talked a bit with BigVern and got access to the API, so I was fairly confident the pricing would be accurate.  Here was a crappy client crashing and my bad proof-reading skills not realizing I had an extra "l" in my watchdog script.  Fixed and fixed, but I am not as down on cryptsy yet as it still appears to work.

Thanks for the reply. The only thing else I wanted to point out is that if all buy orders are gone, someone can just post a false buy order so low it will never get filled, so theoretically that drop script will never trigger. I'm not sure what else to suggest except manual intervention and more popular exchanges.

Your site is very useful and appreciated. Thanks. Just like to see things get better.
roundmaster
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May 22, 2013, 12:23:09 PM
 #86

I've been using this pool: http://next.afraid.org:8113 for some time, this one works well.


The pool is there will need some MH/s to be competitive. Now powercoin has a hashrate around 230MH/s this is huge.
That is no where near huge.

Two days ago powercoin was far from a full hashrate of  230MH/s... But now, that has changed...

The death on arrival on the server (http://next.afraid.org:8113) increase, using cgminer with parameters --queue 0 -s 1 will improve efficiency.
Hydroponica
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May 22, 2013, 12:24:18 PM
 #87

I've been using this pool: http://next.afraid.org:8113 for some time, this one works well.


The pool is there will need some MH/s to be competitive. Now powercoin has a hashrate around 230MH/s this is huge.
That is no where near huge.

Two days ago powercoin was far from a full hashrate of  230MH/s... But now, that has changed...

The death on arrival on the server (http://next.afraid.org:8113) increase, using cgminer with parameters --queue 0 -s 1 will improve efficiency.

Still not paying attention, so, here, 1 more time;

Quote
Have you not been paying attention? It increased due to a combination of a Choosecoin bug, and a mass lack of common sense. Bug fixed, buh-bye powercoin..

roundmaster
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May 22, 2013, 12:28:34 PM
 #88

I've been using this pool: http://next.afraid.org:8113 for some time, this one works well.


The pool is there will need some MH/s to be competitive. Now powercoin has a hashrate around 230MH/s this is huge.
That is no where near huge.

Two days ago powercoin was far from a full hashrate of  230MH/s... But now, that has changed...

The death on arrival on the server (http://next.afraid.org:8113) increase, using cgminer with parameters --queue 0 -s 1 will improve efficiency.

Still not paying attention, so, here, 1 more time;

Quote
Have you not been paying attention? It increased due to a combination of a Choosecoin bug, and a mass lack of common sense. Bug fixed, buh-bye powercoin..

Bug like this, may help this currency to become known, and interesting. Who knows...
Hydroponica
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May 22, 2013, 12:30:24 PM
 #89

I've been using this pool: http://next.afraid.org:8113 for some time, this one works well.


The pool is there will need some MH/s to be competitive. Now powercoin has a hashrate around 230MH/s this is huge.
That is no where near huge.

Two days ago powercoin was far from a full hashrate of  230MH/s... But now, that has changed...

The death on arrival on the server (http://next.afraid.org:8113) increase, using cgminer with parameters --queue 0 -s 1 will improve efficiency.

Still not paying attention, so, here, 1 more time;

Quote
Have you not been paying attention? It increased due to a combination of a Choosecoin bug, and a mass lack of common sense. Bug fixed, buh-bye powercoin..

Bug like this, may help this currency to become known, and interesting. Who knows...

I know, that the next diff increase, should drop PWC below 100% profitability, which is ussually, historically, the great coin killer...We shall see Wink

Hydroponica
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May 22, 2013, 12:34:05 PM
 #90

Look at the vloumes of trades, in the last hour, 6.8, 6.2, 6.8, 7.2...These are indicators, of people cashing out of pools, dumping it while they can, and moving on to mining something else Wink

Boxman90
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May 22, 2013, 12:35:22 PM
 #91

Hydroponica, just fucking stop with your double and triple posts. Edit your last post for fucks sake. You're flooding every topic, please just edit your last post and don't make a new one every time.

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kr4x
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May 22, 2013, 12:46:11 PM
 #92

Look at the vloumes of trades, in the last hour, 6.8, 6.2, 6.8, 7.2...These are indicators, of people cashing out of pools, dumping it while they can, and moving on to mining something else Wink

you are such a fucking fag, everyone is hating on you

https://bitcointalk.org/index.php?topic=212981.0
sal002
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May 22, 2013, 01:20:20 PM
 #93


Thanks for the reply. The only thing else I wanted to point out is that if all buy orders are gone, someone can just post a false buy order so low it will never get filled, so theoretically that drop script will never trigger. I'm not sure what else to suggest except manual intervention and more popular exchanges.

Your site is very useful and appreciated. Thanks. Just like to see things get better.

True - though if they create an artificially low order, the profitability will be low as well.  So, while they can do that, it will likely fail to do much good.

What I may do is add a depth requirement to an order (provided I can convince BTER to let me see that info).
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