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Author Topic: ElephantCoin - ELP | PoW with Superblocks | Please Upgrade to Version 1.2  (Read 51440 times)
thisnewcoin
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August 03, 2013, 02:38:34 AM
 #201

I came here to inform the ELP crowd of my conversations with exchange owners and major devs, but apparently they don't care about exchanges or reach. They jumped all over me in multiple threads and repeated over and over, "don't mine ELP!"

If you are looking to keep your sanity, I wouldn't ask too many questions in this thread (logic is the enemy in here.)

So who you believe is the dev here asked you not to mine? We welcome anyone to mine this coin. We are  the same great community, and please no more arguments, all our intentions are for the success of ELP.
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August 03, 2013, 04:47:51 PM
 #202

I came here to inform the ELP crowd of my conversations with exchange owners and major devs, but apparently they don't care about exchanges or reach. They jumped all over me in multiple threads and repeated over and over, "don't mine ELP!"

If you are looking to keep your sanity, I wouldn't ask too many questions in this thread (logic is the enemy in here.)

So who you believe is the dev here asked you not to mine? We welcome anyone to mine this coin. We are  the same great community, and please no more arguments, all our intentions are for the success of ELP.

The "they" I was referring to in my post was "the ELP crowd" -- the exchange owners and major devs are the people I spoke with who told me that due to the premine, they had no interest in Elephantcoin. I came back here (disappointed) to report my findings as I'd been mining ELP pretty consistently up until that point and just realized it may have all been for nothing!

For literally stating what I was told by the owners of the major exchanges and a couple of the devs I was hoping to recruit for a major ELP project, the ELP fans in this thread flipped out on me. All I did was repeat what I heard directly from the source. It was very odd...and they simply could not be reasoned with.

Unfortunate...but that's all I'm saying. I offered suggestions to the dev to help give ELP value (in turn, making their holdings more valuable even if they had less.) At this pace, the premine will defeat the purpose of the premine (for the dev to make a profit) because that very premine is what is destroying the value of ELP (hurting the dev and everybody that's been mining.)

Now I'm not saying it's the worst coin or the worst premine etc/etc -- people put these words into my mouth. I mined this coin...and was disappointed that the people with the power to give this coin value are excluding it due to the premine. That's a fact...whether I agree with the fairness of it or not (which, to be honest, I don't.)

I did have fun mining this coin (awesome for solo-mining) but at the end of the day I can't justify continuing to mine something that could end up worthless. The hardware costs and power costs required to mine are real and there is plenty of profit to be made out there on coins that are quickly adopted by the major exchanges and have zero premine.

I don't make the rules...but the people in this thread shot the messenger. It was extra alarming when I read those responses and realized the only people left mining ELP are apparently legally insane! If Elephantcoin turns around, I'll be right back mining it. Can't take a chance at this point though as I've heard nothing promising.

murrayCOIN The Only Currency Worthy of the NameBitcointalk Thread BTC: 1KY5kptnac4HLbF9Rn1Y6J8wPrM734db42
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August 03, 2013, 06:58:11 PM
 #203

OK le's not stuck there and let's move on, I have been having fun to mine this one, and I am sure many others too. I will continue mine it, no issues for me, as far as others concern, it's your decision and make the decision that fits the best of your own strategy.

Tra

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hotcoldcoin
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August 04, 2013, 11:21:09 AM
 #204

Hi elephantcoin fans.

I'm testing a script that predicts the Next Block Reward for elephantcoin.

It's working OK I think, but I need some superblocks to test it on.

For example I know Block 85929 was a "100+" superblock with 327 ELP, and Block 85915 with 413 ELP.

Does anyone know blocks numbers for any 1000+ and 10,000+ superblocks?

Thanks!



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August 04, 2013, 08:08:43 PM
 #205

This far not seen any but if you want you can look at the blockexplorer

As far as i know on the blocks i did not see any at all over 1000

But then again i did not check more then the blocks i actually mined on that pool
In my history i have had several blocks which are over 50+ even kinda recently 220

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August 04, 2013, 08:47:43 PM
 #206

This is a great coin, I like it. It is trading at coins-e.com, the price is pretty low at this time, thanks to the "premine" talks here.

FYI, I have been buying at coins-e and I have put a bunch of orders there, if you don't want your ELPs, you know what to do, my orders are there in coins-e.com, thanks!  Wink

Tra

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August 04, 2013, 10:17:48 PM
 #207

Talking about the devil Cheesy

It was not so hot today so i had started the miner which instant went on mining ELP

In the mean time while i was browsing the blockexplorer to see if any blocks was above 500 i saw blocks was coming in on the client.

This came in tx id : 2345e3fb3fc73e4c17abd244e9f148aff721a26f2ff5e2dbef59994fec8d77b9 check it in the blockexplorer

Have fun making that tool and succes on getting it to work



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August 04, 2013, 10:54:57 PM
 #208

Thanks.   The first version of the Get Next Block Reward for ELP is now in the github repo.   So far it predicts normal blocks and 100-500 blocks OK.   But still need more golden elephant blocks for testing.  Wink


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August 04, 2013, 11:03:07 PM
 #209

stop your stupid project, it's completely useless.

Tra

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hotcoldcoin
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August 04, 2013, 11:05:25 PM
 #210

stop your stupid project, it's completely useless.

oh, a fan!   Ok, I'll bite.  Why is the project completely useless?

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August 04, 2013, 11:06:59 PM
 #211

stop your stupid project, it's completely useless.
I agree, even it can predict, so what, you still not guaranteed to get that block. It's a natural competition process.

Waste time for nothing.

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August 04, 2013, 11:08:51 PM
 #212

stop your stupid project, it's completely useless.
I agree, even it can predict, so what, you still not guaranteed to get that block. It's a natural competition process.

Waste time for nothing.

so called predict is nothing, everything is in the code, just copy these functions out and you can predict, unless you are sure be able to grab the block, otherwise as the above said it's a complete waste of time.

Tra

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thisnewcoin
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August 05, 2013, 03:57:45 AM
 #213

This is a great coin, I like it. It is trading at coins-e.com, the price is pretty low at this time, thanks to the "premine" talks here.

FYI, I have been buying at coins-e and I have put a bunch of orders there, if you don't want your ELPs, you know what to do, my orders are there in coins-e.com, thanks!  Wink

flyingcat, thanks for your support. Now it is the good time to mine this coin while not many people are mining. I saw this happened to Fastcoin, Alphacoin, and many others, sometimes I saw hashrate < 1K in cgminer, guess what? I am very happy now that I mined Fastcoin, Alphacoin, Florincoin, Hypercoin, Emerald, etc while very few people were mining.

This is a great one, very stable and consistent, and dev team is committed to full support and enhancements.
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August 05, 2013, 05:55:23 AM
 #214

nice coin, mining the elephants now Wink

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August 05, 2013, 04:03:40 PM
 #215

Loving it despite the premine.
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August 05, 2013, 09:29:12 PM
 #216

Great coin thought.
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August 09, 2013, 07:11:11 AM
 #217

yes great coin

Tra

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August 09, 2013, 07:19:16 AM
 #218

yes great coin

Very insightful

flyingcat might have the new world record for bumping the same thread:

Is the alt coin arena becomes the animal world? lol Grin

Nice elephant... Smiley

Hope I will get some superblocks Smiley

mining is going on great

Got 1 superblock Wink

have been mining it Wink

got a few more bonus blocks Wink

got 2 more, one 299 coins, another 480 coins  Smiley

this is an interesting coin to mine, very smooth and from time to time, I get superblocks, cool Smiley

another superblock, yay!

got a few bonus blocks today, great!

looks nice Smiley

Yeah, I like it Smiley

Yes this coin is great

Yes it looks great! Wink

Yes it's a great one, I like elephants!

I like this coin, just because I like elephant.

yes great coin

murrayCOIN The Only Currency Worthy of the NameBitcointalk Thread BTC: 1KY5kptnac4HLbF9Rn1Y6J8wPrM734db42
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August 10, 2013, 12:50:10 PM
 #219

hello elp-miners  Smiley

i like these elephants toooo,..!
an now i have a question, that maybe could be a "stupid-one" in your eyes, but i like to understand this...

so, in the elp-blocks there are blocks, called superblocks with big "ammount" inside... and now my question would be, when i found a superblock in the miningpool (elp.botpool...) , will i get the founded coins inside as full ammount, or will this block shared between all miners in this pool??

reason for this question is, that i found a block with 4,787,00 coins on 9th.08.(nr.107018..shown time was 17:47:06) but i didn´t get a paiment about this size...

for any explanation a would be very thankfull!!

(sorry for bad english, but that´s not my "mother-language"

thx a lot and happy mining
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August 13, 2013, 09:08:27 AM
 #220

Not sure what you mean, if the pool found the superblock, then it should be distributed evenly to everyone who contributed. If you found it solo, then it is all yours.

Tra

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 Transitions You to A Crypto-ready Society 

Github   Telegram   Medium   Facebook   Twitter   Reddit   Youtube
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 TRADE AND EARN DURING PRE-ICO 
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PRE-SALE STARTS APRIL 15, 2018
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