[ANN] Extremecoin (EXC) - MANDATORY UPGRADE VERSION 1.5 (Kimoto Gravity Well)

[innovation]

With the pool I am getting a Pool 0 Stratum Auth failed type error.

I have never seen this before, does anyone know what it means?

That looks like it might be a login or worker/address naming problem. Maybe try making a new worker?

cgminer?

my cgminer works fine.

[1714967636]

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[innovation]

diff is 4 now.
it could get stuck

Dynamic difficulty maybe better!

innovation

[FlungSpun]

diff is 4 now.
it could get stuck

This is a concern with 72*5 minute 6 hour re-targets. These new releases get thrashed now eh.

its like there is a swarm of BTCless GPUs waiting for a tasty morsel to devour like locust.

[kimosan]

diff is 4 now.
it could get stuck

This is a concern with 72*5 minute 6 hour re-targets. These new releases get thrashed now eh.

"networkhashps" : 533122395

Unreal.

[wedge]

So this coin is going to reach its maximum in just 2 months?  That's no time at all.
Has there ever been any coins that reached their max already?  Or is this going to be the first?

Either way, if nothing else, this coin will be a good experiment to see how people react and how well the system works once the max is reached and all (or vast majority of) the miners leave.

[innovation]

How may pools do exist?

Network Hashrate: 438.542 MH/s   
Pool Hashrate: 113.693 MH/s

innovation

[innovation]

stevenlam in the pool

His behavior is so strange！

[Lollaskates]

In coin early stages its better to solo-mine with low difficulty. When the diff gets up there pools are more useful.

[CaptChadd]

Later on as we get closer to the 2 month zero block reward, I may do a client update to include a fixed transaction fee, to give miners at least some incentive to mine EXC, that could be an option.

I will sort out the bounties that are due tomorrow, have some mates over now, few beers, maybe some FiFA 13, if the other halves don't get too bored. Xbox Gamertag captchadd if you fancy adding and a game?

Then I will look how things are going with the network and start planning Extremecoin Client V1.1, there is always something that can be improved and I always value the communities input.

And in response to a few other posts, from my Crimecoin "test" release, it is known that I hate Pre-Mining just for the sake of it, that is just greed.

That is why you will see me mining on the EXC pool, just like everyone else, as once the bounties have been paid, I will be no better off than anyone else.

I do this as a hobby as I enjoy it. I make my money doing BTC to USD trades and dabble with a few other Crypto-coins. I don't seek to profit from coin releases.

Thanks for the advice and support so far everyone, it means a lot and strives me back to the drawing board of inspirational out of the box thinking, with Crypto's.

I am going to add a thank you section I think to the Extremecoin website, as there are a few people that have really helped me the last 6 months and I have learnt more in that time than the whole 3 years I have been involved in the Crypto world.

Cheers.

[ciklop1974]

EXC Account Balance
Confirmed   0
Unconfirmed   18.58516194
1 hour is already mining. How so?

[MaGNeT]

EXC Account Balance
Confirmed   0
Unconfirmed   18.58516194
1 hour is already mining. How so?

Most pools payout when block is confirmed X times.
It says "unconfirmed", so it's not confirmed yet.

Give it time.

[CaptChadd]

So this coin is going to reach its maximum in just 2 months?  That's no time at all.
Has there ever been any coins that reached their max already?  Or is this going to be the first?

Either way, if nothing else, this coin will be a good experiment to see how people react and how well the system works once the max is reached and all (or vast majority of) the miners leave.

Does that mean I get into the Crypto history books for the first coin to get naturally mined dry?

As Bitcoin will end up this way at some point, you are right in saying it would be good to see what happens after they have all been mined up.

If this coin does get on an exchange, then I can sort out services and places to spend EXC, which will increase block TX fees, of which in a client update closer to the time I may add a fixed TX fee.

Its ok me mining the coin for no reward to keep it going but it would be nice with other miners were still mining due to the amount of TX fee's.

[FlungSpun]

Later on as we get closer to the 2 month zero block reward, I may do a client update to include a fixed transaction fee, to give miners at least some incentive to mine EXC, that could be an option.

I will sort out the bounties that are due tomorrow, have some mates over now, few beers, maybe some FiFA 13, if the other halves don't get too bored. Xbox Gamertag captchadd if you fancy adding and a game?

Then I will look how things are going with the network and start planning Extremecoin Client V1.1, there is always something that can be improved and I always value the communities input.

And in response to a few other posts, from my Crimecoin "test" release, it is known that I hate Pre-Mining just for the sake of it, that is just greed.

That is why you will see me mining on the EXC pool, just like everyone else, as once the bounties have been paid, I will be no better off than anyone else.

I do this as a hobby as I enjoy it. I make my money doing BTC to USD trades and dabble with a few other Crypto-coins. I don't seek to profit from coin releases.

Thanks for the advice and support so far everyone, it means a lot and strives me back to the drawing board of inspirational out of the box thinking, with Crypto's.

I am going to add a thank you section I think to the Extremecoin website, as there are a few people that have really helped me the last 6 months and I have learnt more in that time than the whole 3 years I have been involved in the Crypto world.

Cheers.

Community .. more of this ^

my cynical side just got friendly

[muddafudda]

wts 800 extreme coins

[Lollaskates]

200 MH/s just came onto the network out of nowhere

500MH/s now!

[FlungSpun]

Diff 10
Pool Invalid   52 (40.31%)

ouch

must have been a bad moment to refesh .. 3% again

[crendore]

WTB 500,000 EXC for 1 BTC.

[FlungSpun]

WTB 500,000 EXC for 1 BTC.

lol .. nice try

in the pool
anonymous   39,748Kh     makes   15,704.979EXC /day (likely less as the  predictions are always high)

noone is going to mine 40 mh for
0.032Btc a day
0.00082btc/mh/day

4mil coins ever? you have valued the total coin count at 8 BTC

[chebruta]

Nice one! let´s see what it will bring us

[innovation]

Happy Mining EXC, Happy Exchangeing EXC !

============================

Pool Hash Rate   102.365 Mhash/s
Pool Efficiency   99.94%
Current Active Workers   81
Next Network Block   705    (Current: 704)
Last Block Found   704
Current Difficulty   10.18267806