[ANN][ZET] Zetacoin - SHA256 - Upgrade to 0.13.2 (Segwit)

[nulo0b]

Mine and Sell  your ZET @ https://coinex.pw/mining/pools/ZET

Still 0 fee, ZERO

[lajz99]

You guys should be using zeta.dsync.net.  By far the best pool site I've found so far and have had 0 issues.

[Tsunamirain]

Man! Cryptsy s going nuts for Zet today
Wahoo!

[live627]

Mine and Sell  your ZET @ https://coinex.pw/mining/pools/ZET

Still 0 fee, ZERO

Freezes Firefox periodically with daily crashes.

[erk]

What address do I put into BOOTSTRAP_ADDRS= to join the other p2pool nodes, and what port number are they using?

[savaged]

Mine and Sell  your ZET @ https://coinex.pw/mining/pools/ZET

Still 0 fee, ZERO

I recommend this pool, when splitting hash between this pool and others to test, this pool always had a noticeable amount (close to 2x) more earned. Could be luck but it has been consistently better for a week now.

[powpow]

I found a nice graph that shows the ZET total network speed.

http://184.169.153.199/

[TheSpiral]

What address do I put into BOOTSTRAP_ADDRS= to join the other p2pool nodes, and what port number are they using?

Check these:
https://github.com/Rav3nPL/p2pool-rav
https://github.com/JudeAustin/p2pool-zet

[feeleep]

Hi - yesterday I added additional server to http://zet.coinmine.pl - this improved performance a lot so you can come and try

[erk]

The OP says "160 million coins will be mined in around first year" we are already up to block 152,459
which is (80,640 * 1,000) + (71,819 * 500) = 116.74million does that sound right?

I don't understand why so many coins are mined in the first couple of months, what's the philosophy behind that?

[elasticband]

does anyone know why i only get rejected while mining solo with avalon?

[Nemo1024]

I found a nice graph that shows the ZET total network speed.

http://184.169.153.199/

Nice find!

As for the amount of coins mined, I think the philosophy is to bring the main supply of coins up as fast as possible and get them into circulation to have a stable "known" economy. After that the miners will have the incentive to continue mining by the small inflationary portion of coin generation.

[Chronikka]

The OP says "160 million coins will be mined in around first year" we are already up to block 152,459
which is (80,640 * 1,000) + (71,819 * 500) = 116.74million does that sound right?

I don't understand why so many coins are mined in the first couple of months, what's the philosophy behind that?

Yes you are correct. 75% of all coins will be mined at the next block halving, which is about 8000 blocks from now (about a week)

I believe the intention is to essentially create a currency from thin air. Like if a new government just printed a whole bunch of new money and said this is the new currency we are using. The idea being to create crypto currency capable of everyday transactions and ready to be mass distributed immediately. It destroys the initial value of the coin but if people adopt it and continue to mine for the 1 million inflation coins each year, its probably the most ready network for handling day to day transactions. Its fast and sha256 based (bitcoin confirmation is slow and sha256 is much more energy efficient than scrypt)

EDIT:  Or its a pure pump and dump coin. Who knows 

[wttbs]

wow many blocks found last hour and 2 in 1 minute 



Mining with 12 USB Block Erupters on an Ubuntu 13.04 server (running @ total 48W).

Strange thing is, most of the time it finds 2 or 3 block in 2 to 4 hours and after that nothing or it takes 8+ hours to find the next block. When I restart BFG miner I find block(s) rather fast again in the first hour(s) after that it takes hours and hours to find the next.

[JWU42]

getting 100% CPU usage on Ubuntu 12.04 when starting zetacoin?!?

Was trying to switch my local bitcoin stratum-ming server to zetacoin for fun and the 100% cpu is killing performance - 4 blocks and all orphans 

[wttbs]

getting 100% CPU usage on Ubuntu 12.04 when starting zetacoin?!?

Was trying to switch my local bitcoin stratum-ming server to zetacoin for fun and the 100% cpu is killing performance - 4 blocks and all orphans  

May be recompiling helps, check this out: https://bitcointalk.org/index.php?topic=267545.msg3023903;topicseen#msg3023903
Big thanks to TheSpiral.

[JWU42]

I was an idiot - copied an old .conf and had CPU mining on 

cgminer shows over 35 blocks found but only 1 immature 

[RicRock]

Who runs zetpool.com?

I'm able to login with an active account.

[Marty19]

Who runs zetpool.com?

I'm able to login with an active account.

I had the same thing happen as soon as I confirmed my email address ......

[randayh]

Does zetacoin have a paperwallet?