barwizi
Legendary
Offline
Activity: 882
Merit: 1000
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June 22, 2013, 07:55:21 PM |
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gentlemen and ladies, i made my views clear earlier. and now we are where i said we would be. i'm done with this coin, i have my own. Piece of advice, do what i said, and react to market developments, the ideas behind this coin are ancient and i'm glad i sold when interest and price were high.
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"You Asked For Change, We Gave You Coins" -- casascius
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GoldBit89
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June 28, 2013, 03:08:52 PM |
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ERHcYpkcLvf7CDxXbb5WX7KJEAoZes6HSr
Thank you.
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FTC 6nvzqqaCEizThvgMeC86MGzhAxGzKEtNH8 |WDC WckDxipCes2eBmxrUYEhrUfNNRZexKuYjR |BQC bSDm3XvauqWWnqrxfimw5wdHVDQDp2U8XU BOT EjcroqeMpZT4hphY4xYDzTQakwutpnufQR |BTG geLUGuJkhnvuft77ND6VrMvc8vxySKZBUz |LTC LhXbJMzCqLEzGBKgB2n73oce448BxX1dc4 BTC 1JPzHugtBtPwXgwMqt9rtdwRxxWyaZvk61 |ETH 0xA6cCD2Fb3AC2450646F8D8ebeb14f084F392ACFf
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mat5x (OP)
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July 16, 2013, 12:52:56 AM |
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doesnt seem to be does it!
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perhan007
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December 01, 2013, 11:08:26 AM |
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We need a pool :-(
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mat5x (OP)
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December 02, 2013, 05:15:19 PM |
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We need a pool :-(
yeah not sure what happened to all the pools for ELC? p2pool delisted it, Trenal's pool is down, and Vern doesnt have the domain for elacoinpool.org anymore. anyone?
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nearmiss
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December 03, 2013, 05:22:53 PM |
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New ELC Pool! (well technically, its a returning pool, but a fresh start) http://elc.scryptmining.comstratum vardiff prop payouts. Come check us out! Spread the word, ELC lives! Hit up me via pm, or join us in #scryptmining on freenode.
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Profit-Switching Pool w/ Vardiff -> http://hashco.ws Optionally keep the alts we mine or auto-trade for BTC. In addition can be paid out in any of: 365, AC, BC, BTC, C2, CINNI, COMM, FAC, HBN, MINT, PMC, QRK, RDD, WC, XBC
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nearmiss
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December 03, 2013, 08:17:16 PM |
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bump. #1 on coinchoose, come join the party
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Profit-Switching Pool w/ Vardiff -> http://hashco.ws Optionally keep the alts we mine or auto-trade for BTC. In addition can be paid out in any of: 365, AC, BC, BTC, C2, CINNI, COMM, FAC, HBN, MINT, PMC, QRK, RDD, WC, XBC
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lexa
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December 05, 2013, 02:41:40 AM |
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New Elacoin pool elc.blocksolved.com has launched. Our ELC pool features: - 2% fee
- stratum protocol
- variable difficulty
- automatic payout every minute
- minimum payout threshold lowered to 0.1
Happy Elacoin mining!
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mat5x (OP)
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December 09, 2013, 05:41:55 AM |
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I see the floor() of the diff is going to bite us again at the next retarg. But fixing that means another fork. This means the 'coin is dead'. Then again, anyone holding value in the coin will be hotpotatoed because no transactions will take place if its truly dead. So it's a trade off - let it die, or fix it so it hobbles along. Im sure those with no holdings would love to let it die, since they're not in the game. Those with however... basically, the in the reward calc should be Comments?
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mat5x (OP)
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December 14, 2013, 08:37:56 AM |
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now that the difficulty is higher, the correction isnt so important as the ratio of the 'miscalc' or whatever you wanna call it vs the diff gets smaller with higher diff. So just keep mining...
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mat5x (OP)
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December 29, 2013, 09:05:49 AM |
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did the calculation for the hell of it:
69503.5 ELC exist as of block 46322
ill be setting up a page with more stats soon.
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r3wt
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December 29, 2013, 04:28:07 PM |
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mat5x = tradefortress
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My negative trust rating is reflective of a personal vendetta by someone on default trust.
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barwizi
Legendary
Offline
Activity: 882
Merit: 1000
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December 29, 2013, 05:38:13 PM |
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mat5x = tradefortress
the scam guy?
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mat5x (OP)
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December 29, 2013, 05:53:08 PM Last edit: December 29, 2013, 07:28:13 PM by mat5x |
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lol wut? I dont control anything in the coin specifically except the source code, and have not put out any new code in months (ie we're keeping it stable as it is, warts and all). That way everyone knows the code/rules going forward. Just because I take an interest in this coin doesnt mean Im scamming. I have no power to ( in fact, anyone who has sold coins lately has probably sold some to me, so you've been cashing out on my dime.) This just shows people _STILL_ dont understand how cryptocoins work at all. The only centralized control in ELC is four entities: - cryptsy who could fuck with the bidding to influence the coin one way or other. Or get hacked and get coins stolen. I have no stake in cryptsy (or even contact with them).
- scryptmining.com which is a pool which could either walk away with stored coins, pay out less, or do a 30% attack (per the
Stanford Cornell paper) as they hold lots of hash power, or get hacked. same for the other pool. - middle coin which is a floating pool vs most profitable coin. same deal above - with additional hash power to throw at any coin to hashtsunami it to fuck the difficulty up so high itll be forever before it comes down.
- CoinChoose which lists relative coin difficulties/reward/profitability. He could fake any numbers he wants and many floating pools would follow it however he wanted. He could pumpcrash any coin he wants pretty easily.
( edit: in case you're really new to all this ALL coins suffer that same points above, including bitcoin.) Do you use any of the above? If so then you are contributing to centralized authority of a distributed coin, weakening its resistance to takeover and authority. This breaks things way more than I could ever hope to. I just happen to believe that the coin will go higher eventually, and be a good store of value for miners since the reward is constant per mining KH/s. If you don't, then sell me your coins. So explain how it's a scam. It's just as much a scam as people calling those who mined btc in 2011 'scammers' for being early adopters and risking their power bills for an unproven (still, as yet) idea. Standard response to people who didnt mine BTC in 2010/11 is 'cry more, noob.', amirite?
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