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Author Topic: PowerCoin PWC 1500%+ Profitability!!  (Read 3284 times)
Hydroponica
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May 22, 2013, 11:33:18 AM
 #41

Umad bro? Just spreading the truth :')

Don't mind him, he's a GLDCoin supporter Roll Eyes I think it's working, Sell orders for PWC are piling up, but noone has bought any, in over an hour.

kr4x
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May 22, 2013, 11:33:43 AM
 #42

Umad bro? Just spreading the truth :')

people don't care about your stupid math shit, go to sleep kiddo

kr4x
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May 22, 2013, 11:34:18 AM
 #43

Umad bro? Just spreading the truth :')

Don't mind him, he's a GLDCoin supporter Roll Eyes I think it's working, Sell orders for PWC are piling up, but noone has bought any, in over an hour.

don't worry you are also part of the cry baby wagon team, you need a bottle?
Hydroponica
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May 22, 2013, 11:35:47 AM
 #44

Umad bro? Just spreading the truth :')

Don't mind him, he's a GLDCoin supporter Roll Eyes I think it's working, Sell orders for PWC are piling up, but noone has bought any, in over an hour.

don't worry you are also part of the cry baby wagon team, you need a bottle?

I'll cry myself to the bank, while people were wasting time, mining PWC, my miners stayed focused on WDC made me some $$

BitJohn
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May 22, 2013, 11:37:39 AM
 #45

I'm posting this on every page so even the dumbest of dumb can see that lies are being spread in this topic about actual profitability.

  • CoinChoose bugs and uses difficulty 0.08708762 in their calculations.
  • Actual difficulty as shown in PWC Client: 1.02827
  • Mining is 1.02827 / 0.08708762 = 11.81 times more difficult than what Coinchoose currently shows

Using these numbers, the actual profitability can be calculated.

  • Coinchoose currently states PWC is 14.8 times more protitable (1480%) than BTC
  • Correction by factor 11.81 due to CoinChoose Difficulty Bug: 14.8/11.81 = 1.25
  • Actual profitability is 125%, NOT 1480%!

Last updated May 22, 11:25 AM UTC

I wil update this post and repost it on every page until the bug is fixed, in order to stop people from spreading lies about profitability :/

Fuck, you shouldn't even need math, common sense should dictate, PWC will NEVER be worth %1500 more than Bitcoin. Like, is this some kind of joke? Are we being punked? Or are peopel actuallly this stupid?

I mean even PWC has some value if someone is willing to buy it. Issue I found was difficulty so even at low difficulty solo mining was returning very limited amounts of blocks so I looked at pools and they were having trouble finding blocks as well. I believe cryptsy has a ton of potential but it is a BETA and slowly but surely it will work out its kinks.

As far as coinchoose another great product BUT do the math also some things can get you difficulty not reporting correct. Price reporting way higher because someone is buying .001 coins at 3 BTC per PWC. Anyhow I agree its not 1 billion percent but its profitable right now.
crypt0maniac
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May 22, 2013, 11:38:38 AM
 #46

lol laught so hard when saw it Cheesy some people just don§t have common sense and basic math skills
fenican
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May 22, 2013, 11:40:25 AM
 #47

I can't believe coinchoose is setting that difficulty manually.  If you're going to open up a coin profitability site, make sure you calculate difficulty dynamically !

That said, I did mine some PWC at difficulty .34 after analyzing the order book.  It looked like price would pop from .0002 to .0007 and sure enough it did.
erk
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May 22, 2013, 11:40:30 AM
 #48


I mean even PWC has some value if someone is willing to buy it. Issue I found was difficulty so even at low difficulty solo mining was returning very limited amounts of blocks so I looked at pools and they were having trouble finding blocks as well. I believe cryptsy has a ton of potential but it is a BETA and slowly but surely it will work out its kinks.


This pool is working and finding blocks http://pwcpool.erundook.net

The other pools suck so far. Just watch the fees, there is a 1.5% pool fee, an auto filled in 1.0% donation, and a 0.1 PWC auto payout transaction fee which is the killer, you have been warned!


Hydroponica
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May 22, 2013, 11:40:33 AM
 #49

I'm posting this on every page so even the dumbest of dumb can see that lies are being spread in this topic about actual profitability.

  • CoinChoose bugs and uses difficulty 0.08708762 in their calculations.
  • Actual difficulty as shown in PWC Client: 1.02827
  • Mining is 1.02827 / 0.08708762 = 11.81 times more difficult than what Coinchoose currently shows

Using these numbers, the actual profitability can be calculated.

  • Coinchoose currently states PWC is 14.8 times more protitable (1480%) than BTC
  • Correction by factor 11.81 due to CoinChoose Difficulty Bug: 14.8/11.81 = 1.25
  • Actual profitability is 125%, NOT 1480%!

Last updated May 22, 11:25 AM UTC

I wil update this post and repost it on every page until the bug is fixed, in order to stop people from spreading lies about profitability :/

Fuck, you shouldn't even need math, common sense should dictate, PWC will NEVER be worth %1500 more than Bitcoin. Like, is this some kind of joke? Are we being punked? Or are peopel actuallly this stupid?

I mean even PWC has some value if someone is willing to buy it. Issue I found was difficulty so even at low difficulty solo mining was returning very limited amounts of blocks so I looked at pools and they were having trouble finding blocks as well. I believe cryptsy has a ton of potential but it is a BETA and slowly but surely it will work out its kinks.

As far as coinchoose another great product BUT do the math also some things can get you difficulty not reporting correct. Price reporting way higher because someone is buying .001 coins at 3 BTC per PWC. Anyhow I agree its not 1 billion percent but its profitable right now.

In understand the sellers...But who the hell is buying this crap, and why  Huh

Boxman90
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May 22, 2013, 11:43:20 AM
 #50

Seems to be fixed now.

@ Hydroponica >> every sale is a buy.. So yeah, you need both. One can't only sell without anyone buying.

LTC: LKKy4eDWyVtSrQAJy7Qmmz61RaFY91D9yC   BTC: 18fzdnCkuUNthCD8hM36UBGopFa9ij78gG
exzellenz
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May 22, 2013, 11:44:58 AM
 #51

fixed on http://coinchoose.com/

clint25n
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May 22, 2013, 11:46:58 AM
 #52

Will be interesting to see if this coin sells.
I'll be watching  Cool
erk
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May 22, 2013, 11:47:11 AM
 #53


Lol, how many hours and how much screaming did that take!
roundmaster
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May 22, 2013, 11:51:12 AM
 #54

I've been using this pool: http://next.afraid.org:8113 for some time, this one works well.
Hydroponica
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May 22, 2013, 11:52:28 AM
 #55


Lol, how many hours and how much screaming did that take!


Now that its fixed, I think you'll see a drastic decrease in hashrate, as people go back to mining WDC, since profit is %150. Shows over folks, nothing to see here. What a friggin Circus

BitJohn
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May 22, 2013, 11:53:22 AM
 #56

I'm posting this on every page so even the dumbest of dumb can see that lies are being spread in this topic about actual profitability.

  • CoinChoose bugs and uses difficulty 0.08708762 in their calculations.
  • Actual difficulty as shown in PWC Client: 1.02827
  • Mining is 1.02827 / 0.08708762 = 11.81 times more difficult than what Coinchoose currently shows

Using these numbers, the actual profitability can be calculated.

  • Coinchoose currently states PWC is 14.8 times more protitable (1480%) than BTC
  • Correction by factor 11.81 due to CoinChoose Difficulty Bug: 14.8/11.81 = 1.25
  • Actual profitability is 125%, NOT 1480%!

Last updated May 22, 11:25 AM UTC

I wil update this post and repost it on every page until the bug is fixed, in order to stop people from spreading lies about profitability :/

Fuck, you shouldn't even need math, common sense should dictate, PWC will NEVER be worth %1500 more than Bitcoin. Like, is this some kind of joke? Are we being punked? Or are peopel actuallly this stupid?

I mean even PWC has some value if someone is willing to buy it. Issue I found was difficulty so even at low difficulty solo mining was returning very limited amounts of blocks so I looked at pools and they were having trouble finding blocks as well. I believe cryptsy has a ton of potential but it is a BETA and slowly but surely it will work out its kinks.

As far as coinchoose another great product BUT do the math also some things can get you difficulty not reporting correct. Price reporting way higher because someone is buying .001 coins at 3 BTC per PWC. Anyhow I agree its not 1 billion percent but its profitable right now.

In understand the sellers...But who the hell is buying this crap, and why  Huh

Well if you buy for a while hype the price others will buy and follow. Then you sell and make a profit from the low prices you paid over the others. Call it junk call it scam coin its no different than a stock hell Amazon made no money for 8 years. That is LOST money for 8 years and people bought it. I could go on but you get the point.
kr4x
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May 22, 2013, 11:53:29 AM
 #57


Lol, how many hours and how much screaming did that take!


Now that its fixed, I think you'll see a drastic decrease in hashrate, as people go back to mining WDC, since profit is %150. Shows over folks, nothing to see here. What a friggin Circus

only circus here is you
clint25n
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May 22, 2013, 11:54:42 AM
 #58

Where did NWO go?   Embarrassed
sal002
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May 22, 2013, 11:55:37 AM
 #59


Lol, how many hours and how much screaming did that take!


Sorry about that.  Stupid Powercoind client crashed overnight and my watchdog script had a typo.  Fixed and fixed.
Hydroponica
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May 22, 2013, 11:56:18 AM
 #60

Where did NWO go?   Embarrassed

Hey made his money off the lemmings, he's skulked back into the darkness to count his cash.

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