PoseidonDev
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https://posq.space
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May 13, 2018, 04:04:18 PM |
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kosta85
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May 14, 2018, 03:19:01 PM Last edit: May 14, 2018, 03:36:12 PM by kosta85 |
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Hello dear miners! Our pool start today the giveaway of SnowGem coins! Our pool will add in automode 5 Snowgems for each blocks! Total amount is 200 Snowgems Welcome! https://snowgem.zhash.pro/
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crd007
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May 14, 2018, 03:38:14 PM |
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I think you are right. It all needs some more time. We have to be patient and wait for it to get listed at CMC and for people to realize the potential of this coin and the potential of the development team I pretty confident
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andygomezr
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Activity: 2
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May 15, 2018, 09:58:55 AM |
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Unluckily I have sold my snowgem coins. Now, price is going up. I think I have to mine this coin again.
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crd007
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May 15, 2018, 10:12:47 AM |
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Unluckily I have sold my snowgem coins. Now, price is going up. I think I have to mine this coin again.
It is too early to sell the coins I think. Price will go up by many 100% when time will pass and development continues. Mining is a good option. Might not be the most profitable coin right now to mine but it will get. Hold the mined coins and sell in half a year or so --> profit way higher then every other coin to mine right now
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StonerStanley
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May 15, 2018, 01:36:07 PM |
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Listen to me and quote me later.
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sephridos
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Activity: 9
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May 15, 2018, 09:29:46 PM |
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Hey guys/gals this article was pretty darn interesting: https://blog.sia.tech/the-state-of-cryptocurrency-mining-538004a37f9bIt talks about the threat of ASICS and centralization from "underground" mining (AKA Bitmain). I'm glad that Snowgem is fighting the good fight against the sole control of big corporations, and centralization!
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HaberHash
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May 15, 2018, 10:28:23 PM |
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There are multiple ways about thinking about ASICs. Personally I think miners need to be flexible and adopt multiple types of mining. That could be CPU, GPU and ASICs. ASICs are only bad when a company doesn't sell them to the public. I personally bought a Z9 and can't wait to add to it my GPU rigs as another option to mine with. There are many forms of centralization. Pools for example centralize miners. You can fork all you like, but eventually there will be hardware, whether it be FPGAs or more Flexible ASICs that you can't stop. Why would you penalize a miner because he chooses to use his hardware to secure your coin and facilitate transactions on it's network? Masternodes are another limiting factor. How much revenue are you really saving by forking? It's not like it's a simple change. Forking involves lots of components all being updated in order to be successful. Could be an easy way to kill a coin
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CalvinTheSavage
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Activity: 28
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May 16, 2018, 01:31:26 AM |
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Imo asics are like the 800 pound gorilla (no body invited) in your living room destroying everything and then afterwards helping themselves to some ice cream...and cake too while they're at it.
-Its different if they were invited to the party, but they crashed it and then look at everyone else like whats wrong .
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nick1492
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May 16, 2018, 02:54:25 PM |
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For me its really great having these asic proof coins. So that not only asic miner owner have all the advantage in terms of mining altcoins. Now GPU miners have the bigger advantage over asic miner on these asic proof coins. More power to snowgem project.
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crd007
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May 16, 2018, 03:11:27 PM |
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For me its really great having these asic proof coins. So that not only asic miner owner have all the advantage in terms of mining altcoins. Now GPU miners have the bigger advantage over asic miner on these asic proof coins. More power to snowgem project.
Well you can't be sure if there is an asic for a coin or not. They operate in the background and only start to sell asics when they get unprofitable or there might be some chance ofchange in algo in the future. For example ZCash asic has been used nearly a year before they got announced to public. It just makes sense to operate like this. Earnings from owning andoperating asics is way higher then from just selling them .. So asic proof is difficult because there is a high chance that every algo can be implemented into an asic. Maybe it is already and you just don't know about it!
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HaberHash
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Activity: 115
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May 16, 2018, 03:21:37 PM |
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Imo asics are like the 800 pound gorilla (no body invited) in your living room destroying everything and then afterwards helping themselves to some ice cream...and cake too while they're at it.
-Its different if they were invited to the party, but they crashed it and then look at everyone else like whats wrong .
Isn't that how all things evolve? People who mined with CPUs could probably say the same thing. Now we have GPUs and FPGA's. 1080tis are still going for insane prices and while a 1080ti may be flexible (can mine more coins) wouldn't it be nice to be able to use an ASIC that can do 10x the hash power for a about 100watts more? Would we be having this discussion if Nvidia released next gen graphics cards that had 10x performance? I don't want to close my eyes to any potential technology that can help me mine much more efficiently. I've mined about 1000 SnowGem so far with one of my GPU rigs, but I would stop supporting the project if they make changes to block ASICs. I'll support projects that support me and my hardware purchases.
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CalvinTheSavage
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Activity: 28
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May 16, 2018, 09:38:15 PM |
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Imo asics are like the 800 pound gorilla (no body invited) in your living room destroying everything and then afterwards helping themselves to some ice cream...and cake too while they're at it.
-Its different if they were invited to the party, but they crashed it and then look at everyone else like whats wrong .
Isn't that how all things evolve? People who mined with CPUs could probably say the same thing. Now we have GPUs and FPGA's. 1080tis are still going for insane prices and while a 1080ti may be flexible (can mine more coins) wouldn't it be nice to be able to use an ASIC that can do 10x the hash power for a about 100watts more? Would we be having this discussion if Nvidia released next gen graphics cards that had 10x performance? I don't want to close my eyes to any potential technology that can help me mine much more efficiently. I've mined about 1000 SnowGem so far with one of my GPU rigs, but I would stop supporting the project if they make changes to block ASICs. I'll support projects that support me and my hardware purchases. Your looking at things from one perspective. Im looking at things from the point of view that bitcoin's main premise was to give everyone the ability to have anonymity and decentralization so that not one person, government, or company could control everything. Bitmain and other asic companies are the exact antagonist of that movement. With their asics they can literally control the dominating hashing power on a network and therefor they can control the network (seemingly any network). So I get that it helps you as an individual become more efficient and make more money, but I sincerely believe it is detrimental to not only this network but others that aim for decentralization.
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a23sd12122121
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May 17, 2018, 08:46:15 AM |
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Get listed on TradeSatoshi. You only have to pay the fee
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adsduozn188
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Activity: 79
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May 17, 2018, 08:52:11 AM |
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i am in,and start solo mining 2 block with 2 Khs speed..nice profit maybe
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Techgtv
Jr. Member
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Activity: 63
Merit: 1
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May 17, 2018, 12:17:42 PM |
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Imo asics are like the 800 pound gorilla (no body invited) in your living room destroying everything and then afterwards helping themselves to some ice cream...and cake too while they're at it.
-Its different if they were invited to the party, but they crashed it and then look at everyone else like whats wrong .
Isn't that how all things evolve? People who mined with CPUs could probably say the same thing. Now we have GPUs and FPGA's. 1080tis are still going for insane prices and while a 1080ti may be flexible (can mine more coins) wouldn't it be nice to be able to use an ASIC that can do 10x the hash power for a about 100watts more? Would we be having this discussion if Nvidia released next gen graphics cards that had 10x performance? I don't want to close my eyes to any potential technology that can help me mine much more efficiently. I've mined about 1000 SnowGem so far with one of my GPU rigs, but I would stop supporting the project if they make changes to block ASICs. I'll support projects that support me and my hardware purchases. Your looking at things from one perspective. Im looking at things from the point of view that bitcoin's main premise was to give everyone the ability to have anonymity and decentralization so that not one person, government, or company could control everything. Bitmain and other asic companies are the exact antagonist of that movement. With their asics they can literally control the dominating hashing power on a network and therefor they can control the network (seemingly any network). So I get that it helps you as an individual become more efficient and make more money, but I sincerely believe it is detrimental to not only this network but others that aim for decentralization. Here is my issue with thinking like this. Who is stopping you from making your own asics and competing with Bitmain? If Bitmain is controlling the market, go ahead and startup your own company and make Asics that 100% gauranteed not been run before they are sold, they are sold as you develop them. I HATE people that only say that Bitmain and Asics are killing the market etc. This is kapitalism, and crypto will never change this, people want more money for their work, or more money for their investment, and if you don't embrace that, you will get burned fast.
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NameTaken
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May 17, 2018, 02:16:05 PM |
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I logged into my VPS hosting the masternode and running snowgem-cli getinfo says { "version": 2000350, "protocolversion": 170004, "walletversion": 60000, "balance": 0.00000000, "blocks": 206065, "timeoffset": 0, "connections": 125, "proxy": "", "difficulty": 8868.493096008546, "testnet": false, "keypoololdest": 1520930313, "keypoolsize": 101, "paytxfee": 0.00000000, "relayfee": 0.00000100, "errors": "WARNING: check your network connection, 179 blocks received in the last 4 hours (240 expected)" }
what does this mean and is there anything I should do?
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cryptonitro
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May 18, 2018, 07:49:33 AM |
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Hi what is the problem with big amount transfer ? i tried to withdraw a little amount from stock.exchange to local wallet , everything ok , now i withdraw a big amount to set up MN and got withdraw error in statut , and coin no back on my balance on stock.exchange
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The only project make me believe ... Holochain
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fmx
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May 18, 2018, 11:15:21 AM |
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Hi what is the problem with big amount transfer ? i tried to withdraw a little amount from stock.exchange to local wallet , everything ok , now i withdraw a big amount to set up MN and got withdraw error in statut , and coin no back on my balance on stock.exchange
Try to withdraw max 1000 coins. Few transfers but it works fine.
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