[ANN][SEM] Semux - Official Thread

[Michail1]

semuxpool_com and semuxpool_com2 pools are back up and running!  Fees are now down to 5% for a few weeks.  Let's get them back running.  Just 0.1SEM min payout, so all votes welcome.

sorry for any inconvenience!  Was on vaca and had power loss.  Moved payout script to better hosting.

It is a good trend to reduce pool fees. For shure others big pools will reduced it also. Nice for ordinary users )

I would disagree.

A pool requires a 1000 SEM burn to start.

So, a new pool (assuming it could even get started because of the 48,000 required votes) will only, at a 10% fee only, get 8.6 SEM daily.

This means, a 10% fee pool will take four (4) months just to recover the burn fee and that doesn't include the cost of the server/bandwidth.  That would require about an additional 2 weeks.  And the marketting, etc.

Someone with 1000 SEM would be better off simply voting on a current pool than to start one.

semuxpool 1 and 2 at 5% means it would take over 8 months.   Quite simply, it isn't worth running a pool at 5% or even 10%.   I do not believe pools will lower their fees unless they are currently underwater and need the votes they can't supply themselves to keep them up.

[Leonid SI]

semuxpool_com and semuxpool_com2 pools are back up and running!  Fees are now down to 5% for a few weeks.  Let's get them back running.  Just 0.1SEM min payout, so all votes welcome.

sorry for any inconvenience!  Was on vaca and had power loss.  Moved payout script to better hosting.

It is a good trend to reduce pool fees. For shure others big pools will reduced it also. Nice for ordinary users )

I would disagree.

A pool requires a 1000 SEM burn to start.

So, a new pool (assuming it could even get started because of the 48,000 required votes) will only, at a 10% fee only, get 8.6 SEM daily.

This means, a 10% fee pool will take four (4) months just to recover the burn fee and that doesn't include the cost of the server/bandwidth.  That would require about an additional 2 weeks.  And the marketting, etc.

Someone with 1000 SEM would be better off simply voting on a current pool than to start one.

semuxpool 1 and 2 at 5% means it would take over 8 months.   Quite simply, it isn't worth running a pool at 5% or even 10%.   I do not believe pools will lower their fees unless they are currently underwater and need the votes they can't supply themselves to keep them up.

You may believe or not. I am in a pool with 5% fees a few months already. Payments are regular!

[Angel Di]

I see now everything is in anticipation of entering the stock exchange, I understand that it will happen in the very near future. And tell in hand you can still participate or is it quite over?

[MaryAngela_Fantocci]

Interesting info from Cryptokat in Semux Discord, will quote it here:

"Semux is just added to Bisq. Bisq is  a decentralized exchange utilizing 2-3 bitcoin multisig wallet. Please make sure you understand how it works before starting to trade on Bisq: https://github.com/bisq-network/bisq-desktop/releases/tag/v0.7.0"

"Bisq is like an insured OTC market. The trade has to be done manually like OTC, except for there is a security deposit to ensure that no one breaks the trade, otherwise the scammer needs to pay at least 0.05 BTC to his counterparty."

According to Semux main dev, stocks.exchange are working on listing right now, but there is no ETA.

Thanks for sharing. The price is rising on discord trading tab and now the buy side = 22k

[mdodong]

please vote mddsemuxpool2 , lowering pool fee to 10% and minimum payout to 0.1 sems(edited)

[QueenW]

Gentlemen, tell me please, how passes the airdrop on the ether? I need to buy the air and apply, and that's it? Signature is not necessary? Thank you in advance for the explanation.

[Michail1]

semuxpool_com and semuxpool_com2 pools are back up and running!  Fees are now down to 5% for a few weeks.  Let's get them back running.  Just 0.1SEM min payout, so all votes welcome.

sorry for any inconvenience!  Was on vaca and had power loss.  Moved payout script to better hosting.

It is a good trend to reduce pool fees. For shure others big pools will reduced it also. Nice for ordinary users )

I would disagree.

A pool requires a 1000 SEM burn to start.

So, a new pool (assuming it could even get started because of the 48,000 required votes) will only, at a 10% fee only, get 8.6 SEM daily.

This means, a 10% fee pool will take four (4) months just to recover the burn fee and that doesn't include the cost of the server/bandwidth.  That would require about an additional 2 weeks.  And the marketting, etc.

Someone with 1000 SEM would be better off simply voting on a current pool than to start one.

semuxpool 1 and 2 at 5% means it would take over 8 months.   Quite simply, it isn't worth running a pool at 5% or even 10%.   I do not believe pools will lower their fees unless they are currently underwater and need the votes they can't supply themselves to keep them up.

You may believe or not. I am in a pool with 5% fees a few months already. Payments are regular!

I'm not sure your payments on voting in on a pool has anything to do what I said.

But, to respond to what you wrote..... lowest fee pool doesn't mean best profit.

http://pool.7u.org clearly shows that the lowest fee pool at 0% (100_tokenpar_com) is clearly the least (absolute bottom of the list) profitable ( 0.847 SEM per day per 1000 voted in) while the highest fee pool at 25% makes you nearly 150% more SEM daily.   Currently, the highest profit you make is voting in on pool 'sofia' which will pay you 1.614 SEM daily on the same number of votes even though it's fee is 8%.

[Che454010]

may be to revive the signature campaign, but with a fixed small payment? I think there will be many willing to participate and it will add popularity semux

[wgq1981]

Semux coins can't be traded on a stock exchange without letting coins flow. This is not a good phenomenon. It is hoped that the team can consider this urgent problem.

[sailthor]

Semux coins can't be traded on a stock exchange without letting coins flow. This is not a good phenomenon. It is hoped that the team can consider this urgent problem.

All cryptos can't be traded on a proper stock exchange. Semux is getting listed on stocks.exchange. There's a difference

[sagatel]

may be to revive the signature campaign, but with a fixed small payment? I think there will be many willing to participate and it will add popularity semux

That's a very good idea. But need to introduce the rules:
1. limit the number of participants
2. prohibit participating for Junior or member.
3. make a small reward.

[PlanetCrypto]

I see an exchange about sem in discord. Who knows what the exchanges is?I didn't find it in the thread.

[epsonyoung]

the project is wonderful and the most important input is available for everyone ...... traffic is just cosmic all advise this project .

[wangmidi]

Semux this coin project is also worth looking forward to. Technology seems OK, but there is not much market publicity.

[marv1n]

I see an exchange about sem in discord. Who knows what the exchanges is?I didn't find it in the thread.

its  an P2P exchange https://bisq.network/ , you need first download the desktop app and add SEM manual.

[Münzpräger]

I see an exchange about sem in discord. Who knows what the exchanges is?I didn't find it in the thread.

its  an P2P exchange https://bisq.network/ , you need first download the desktop app and add SEM manual.

bisq is a nice idea but I think the volume is almost non-existent and the UI is a bit dated.

[celjc]

Hi Am I late? Can I participate the Airdrop?

[lda1000]

Hi Am I late? Can I participate the Airdrop?

It's not too late. Semux airdrop to ETH holders is now runnig: https://www.semux.org/airdrop/eth

[Javi_Anibarro]

I see an exchange about sem in discord. Who knows what the exchanges is?I didn't find it in the thread.

its  an P2P exchange https://bisq.network/ , you need first download the desktop app and add SEM manual.

bisq is a nice idea but I think the volume is almost non-existent and the UI is a bit dated.

it is not 'almost' but it is not 'exist' truth to be told for now,
the reason why we could not see it because it's a little bit complicated compared to other exchange,
it was Peer to Peer based on exchange and because of that we need to put our own order and execute it directly.
first we need to download it and then we need to list it directly(it was hidden by default).
but hey,at least we have someplace to trade right ? also it's much more better compared to OTC because the scammer can not scam us there.

[borderline]