[ANN] [PHC] Profit Hunters Coin | Scrypt | PoW/PoS/Masternodes | DBR 3.0 | FW |

[Profit Hunters Club]

PHC is a Pow/PoS/Masternode-based cryptocurrency to be used for affiliate opportunities and online marketing.

Profit Hunters Coin (PHC) is a free open source decentralized project derived from Bitcoin,
with the goal of providing a long-term energy-efficient scrypt-based crypto-currency.
Built on the foundations of Bitcoin, Litecoin, PeerCoin, NovaCoin, CraveProject, Dash Masternodes,
XUVcoin, BATA, and Crypostle to help further advance the field of crypto-currency.



- Algorithm: Scrypt
- Genesis Date: GMT: Monday, January 1, 2018 10:00:00 PM
- Max Supply: 100 000 000 PHC
- Premine: 0 PHC
- ICO: no
- Air Drop: 0
- Block Spacing: 60 Seconds (1 minute)
- Diff Retarget: 2 Blocks
- Maturity: 101 Blocks
- Stake Minimum Age: 1 Hour
- Masternode Collateral: 10000 PHC
- Reward Distribution: 75% to Masternodes while 25% to Staking wallets.
- 30 MegaByte Maximum Block Size (30X Bitcoin Core)
- StakeCombineThreshold: 100 PHC (default)
- StakeSplitThreshold: 2 * StakeCombineThreshold





If you would like to start mining with the least amount of power as possible for the most profit: you can join a
pool when the network difficulty is high and the net-hashrate is low, this will cause the block reward
to increase in value!

If you decide to start mining with a lot of hash-power during a time of low difficulty: the block reward
will decrease in value making it very difficult to earn a profit for your extreme efforts. Not to mention by doing
so, you drive the difficulty up significantly, and if that triggers a pool's auto-coin switching script to move onto another
alt-coin, then your mining efforts in terms of increased revenue will actually go to the workers who remain on the
network consistently.

Reward adjustments based on network hasrate, previous block difficulty simulating real bullion mining.
If the difficulty rate is low; using excessive work to produce low value blocks does not yield large return rates.
When the ratio of difficulty adjusts and the network hashrate remains constant or declines:
The reward per block will reach the maximum level, thus mining becomes very profitable. This algorithm is intended
to discourage greater than 51% attacks, or malicous miners. It will also act as an automatic inflation adjustment based on
live network conditions.



Minimum PoW Reward: 1 PHC

Block #1 Up to 50000                 [Max PoW: 100 PHC]      [Max PoS: 1000% APR]
Block #50001 Up to 120000       [Max PoW: 50 PHC]        [Max PoS: 500% APR]
Block #120001 Up to 150000     [Max PoW: 25 PHC]        [Max PoS: 250% APR]
Block #150000 Up to 200000     [Max PoW: 12.5 PHC]     [Max PoS: 125% APR]
Block #200001 Up to 250000     [Max PoW: 6.25 PHC]     [Max PoS: 250% APR]
Block #250001+                         [Max PoW: 3.125 PHC]   [Max PoS: 250% APR]

PoW Block Value = SubsidyMax - (NetworkHashPS / Difficulty)

A few examples (Max 50 PHC):

Hashrate: 52766
Difficulty: 92953
Block value: 49.43 PHC

Hashrate: 52766
Difficulty: 929530
Block value: 49.94 PHC

Hashrate: 527660
Difficulty: 92953
Block value: 44.32 PHC

Hashrate: 5276600
Difficulty: 92953
Block value: 1 PHC





World's first Bitcoin Core 8 implementation of connections firewall & intelligent attack detection

Bitcoin Firewall uses a very unique method for detecting potential hard-fork chain-attacks coupled with specific
block chain DDoS flooding. All connected nodes/peers are examined by the amount of data they're sending or
receiving from a peer with the firewall enabled. If bandwidth usage is greater than the limits set, the connecting
node is further examined to verify their blockchain start & sync height is within safe limits;
The average among all peers connected. Range based blockchain checkpoints that use averages of live blockchain sizes
further enhance security by limiting potential attacks known as >51% of distributed hashing power (double-spend, Sybil attack).

Once a potential attack is detected the connected node/peer is forcefully terminated and added to a session blacklist.
Configuration options, as well as long-term blacklist storage and future sharing among peers will be implemented during
future developments.


- Official Website: http://profithunterscoin.com
- PHC Whitepaper: http://profithunterscoin.com/PHC-Whitepaper-1.0.pdf
- DEX Whitepaper: https://profithunterscoin.com/dex/PHC-DEX_WHITEPAPER-1.0-Overview.pdf
- DEX Initial Node Offering: https://profithunterscoin.com/dex/?PAGE=yournode
- Github Source Code: https://github.com/profithunterscoin/phc/
- Wallet Bootstrap: http://profithunterscoin.com/bootstraps/bootstrap.dat
- Wallet Binary Releases: https://github.com/profithunterscoin/phc/releases
- Block Explorer #1: http://explorer.profithunterscoin.com (Official)
- Block Explorer #2: http://explorer2.profithunterscoin.com (WARNING: STUCK ON OLD CHAIN!)
- Block Explorer #3: http://explorer3.profithunterscoin.com (WARNING: STUCK ON OLD CHAIN!)
- Exchange #1: https://graviex.net/markets/phcbtc (use caution!)
- Exchange #2: https://masternodexchange.com/markets/phcbtc (WARNING: STUCK ON OLD CHAIN!)



- Telegram: http://telegram.profithunterscoin.com
- Discord: http://discord.profithunterscoin.com
- Forum: http://forum.profithunterscoin.com
- Slack: http://slack.profithunterscoin.com
- Reddit: https://www.reddit.com/r/ProfitHuntersCoin/
- Facebook: https://fb.me/ProfitHuntersCoin
- Coincodex: https://coincodex.com/crypto/profit-hunters-coin/


- Exchange - Add Coin (10000 PHC)
- Mac Wallet (1000 PHC)
- Signature/Post On Social Networks (100 PHC)
- Translations (1000 PHC)
- Block Explorer (1000 PHC)
- Mining Pool (1000 PHC)
- Windows Wallet (1000 PHC)


- Mining Pool: http://pool-1.profithunterscoin.com
- Mining Pool: http://pool-2.profithunterscoin.com
- Mining Pool: http://pool-3.profithunterscoin.com


- Leave your coins in your wallet and make sure it's online and connected to other nodes
- Staking rewards are paid automatically to your wallet addresses.


- Marketing to more exchanges, forums, and social networks
- Integrating PoW/PoS/Masternode source code into Bitcoin Core 10
- Creating a social network platform for beginner to advanced crypto-currency users and affiliates.
- We welcome suggestions too... JOIN THE TEAM!



PHC includes an Address Index feature, based on the address index API (searchrawtransactions RPC command) implemented in Bitcoin
Core but modified implementation to work with the PHC codebase (PoS coins maintain a txindex by default for instance).

Initialize the Address Index By Running with -reindexaddr Command Line Argument. It may take 10-15 minutes to build the initial index.

Main:
- Port: 20060
- RPC Port: 20061
- Magic Bytes: 0x1a 0x33 0x25 0x88

Test:
- Port: 20062
- RPC Port: 20063
- Magic Bytes: 0x6b 0x33 0x25 0x75

Masternode:
- Port 20060 (recommended)


Portuguese Translation
https://bitcointalk.org/index.php?topic=2822043.0
https://bitcoingarden.org/forum/index.php?topic=26809.0

Dutch Translation
https://bitcointalk.org/index.php?topic=2814033

Italian Translation
https://bitcointalk.org/index.php?topic=2811064.0

Vietnamese Translation
https://bitcointalk.org/index.php?topic=2811737.new

Russian Translation
https://bitcointalk.org/index.php?topic=2812856.new

Chinese Translation
https://bitcointalk.org/index.php?topic=2825316

Spanish Translation
https://bitcointalk.org/index.php?topic=2829960.new

Turkish Translation
https://bitcointalk.org/index.php?topic=2859178

Romanian Translation
https://bitcointalk.org/index.php?topic=2878960.msg29576503#msg29576503

German Translation
https://bitcointalk.org/index.php?topic=2965752.0

Filipino
https://bitcointalk.org/index.php?topic=3009411.0

[v.danev]

NEW POOL AVAILABLE

pool.DDClub.org

YiiMP Based no registration is needed!
1% fee why not give it a go

or simply connect your miner to :

Code:

-a scrypt -o stratum+tcp://ddclub.org:3433 -u [Your Wallet] -p c=PHC

Code:

Stratum   : ddclub.org:3433
User        : YOUR_ADDRESS
Password : c=PHC

Use d=x to set your diff according 

[Rion]

https://hash4.life/
Automatic payouts every hour
No registration required for pool

To Start Mining

Code:

-a scrypt -o stratum+tcp://hash4.life:3433 -u WALLET -p c=PHC

Explorer
https://hash4.life/explorer/PHC

Nodelist
https://hash4.life/explorer/peers?id=3362

[miningpowerdotnet]

Profit Hunters Coin @ MiningPower.NET

https://miningpower.net

Fast and stable mining @ miningpower.net pool

Fee : Only 1%.

Payouts : Every 1 hour.

Come and join minigpower.net!

Code:

-o stratum+tcp://miningpower.net:3433 -u <WALLET_ADDRESS> -p c=PHC

Code:

Pool host: miningpower.net
Pool port: 3433
Pool user: Your_Wallet_Address
Pool pass: c=PHC
Algorithm: SCRYPT

[lpoolname]

New ProfitHuntersCoin pool (scrypt)
https://lpool.name/pool/PHC

-o stratum+tcp://scrypt.lpool.name:12008 -u <WALLET_ADDRESS> -p c=PHC

Bounty/Donate: PS1ws9MnE1LnRLYZJEjV1Mgx13EW4CooVp (PHC)

Node list: https://lpool.name/explorer/peers?id=2008
Explorer: https://lpool.name/explorer/PHC

[bleauhaus]

Show your Support for ProfitHunters Coin! Post about the Coin to get A Shared Masternode Started on our Coin-Suggestions Channel.

GhostMiner is the Largest Shared Masternode Provider Community on Discord

NO SETUP FEES!
DAILY PAYOUTS!
TRANSPARENT SERVICES!

We are an established Shared MasterNode service provider, with over $2 Million USD worth of coins being managed. Come check us out!    https://discord.gg/6RtgsJd

[sinobi8888]

How I can buy 10000coins for masternode? Dev pls answer

[drago777]

Hi, there are bountys for translations? I can do Italian if you need. Let me know

[distract]

Reserved for Russian translation, if its necessary.

[ricardorbc]

How to get a wallet address? R

[MacronMiner]

How I can buy 10000coins for masternode? Dev pls answer

If it's not on exchange, you can mine them. But it depends of your hardware.

[thisisdmitry]

Reserved English Translation!!

English translation? Dude... This ann was in english

[bleauhaus]

Reserved English Translation!!

English translation? Dude... This ann was in english

tbhese ANNs and Devs and Discords need some High School level English help just sayin

[jinujang]

Reserved for Korean translation, if it's necessary.

[MadPool]

New Profit Hunters Coin Pool!

https://madpool.xyz/

stratum+tcp://madpool.xyz:3433
Username: YOUR PROFIT HUNTER WALLET ADDRESS
Password: c=PHC

Example for ccminer:

Code:

ccminer -a scrypt -o stratum+tcp://madpool.xyz:3433 -u <YOUR_PROFIT_HUNTER_WALLET_ADDRESS> -p  c=PHC

Happy Mining!!

[cheesybread]

can a dev give a hint to how many coins a day a 1060 would mine during the 500% bonus time period?

[Profit Hunters Club]

New Profit Hunters Coin Pool!

https://madpool.xyz/

stratum+tcp://madpool.xyz:3433
Username: YOUR PROFIT HUNTER WALLET ADDRESS
Password: c=PHC

Example for ccminer:

Code:

ccminer -a scrypt -o stratum+tcp://madpool.xyz:3433 -u <YOUR_PROFIT_HUNTER_WALLET_ADDRESS> -p  c=PHC

Happy Mining!!

Thanks, please provide your PHC address and I will send you a bounty!

[lchain]

ProfitHuntersCoin BlockExplorer:

http://ProfitHuntersCoin.lchain.cc/

Bounty/Donate: PR9MwhZgNBoBXsxReEx7mTRmSU9XE2HPiL

[afkarafian]

windows wallet please~

[keseoma]

windows wallet please ...

[chinchm123]

windows wallet??? 

[cheesybread]

Okay am I missing something? There is no autogen file or anything to compile anywhere in your cloned github directory

[cheesybread]

Okay am I missing something? There is no autogen file or anything to compile anywhere in your cloned github directory

nvm.. had to dig pretty hard on your github.

cd src/
git clone https://github.com/bitcoin/secp256k1
mkdir obj/crypto
make -f makefile.unix

[cheesybread]

Okay am I missing something? There is no autogen file or anything to compile anywhere in your cloned github directory

nvm.. had to dig pretty hard on your github.

cd src/
git clone https://github.com/bitcoin/secp256k1
mkdir obj/crypto
make -f makefile.unix

your shit doesn't compile

g++: internal compiler error: Killed (program cc1plus)
Please submit a full bug report,
with preprocessed source if appropriate.
See <file:///usr/share/doc/gcc-5/README.Bugs> for instructions.
makefile.unix:200: recipe for target 'obj/init.o' failed
make: *** [obj/init.o] Error 4

[Profit Hunters Club]

Okay am I missing something? There is no autogen file or anything to compile anywhere in your cloned github directory

nvm.. had to dig pretty hard on your github.

cd src/
git clone https://github.com/bitcoin/secp256k1
mkdir obj/crypto
make -f makefile.unix

your shit doesn't compile

g++: internal compiler error: Killed (program cc1plus)
Please submit a full bug report,
with preprocessed source if appropriate.
See <file:///usr/share/doc/gcc-5/README.Bugs> for instructions.
makefile.unix:200: recipe for target 'obj/init.o' failed
make: *** [obj/init.o] Error 4

You shouldn't need to compile secp256k1

cd src/
make -f makefile.unix

Sorry I just updated the docs in the github, still working on documentation & compiling

[PandaVLike]

Okay am I missing something? There is no autogen file or anything to compile anywhere in your cloned github directory

nvm.. had to dig pretty hard on your github.

cd src/
git clone https://github.com/bitcoin/secp256k1
mkdir obj/crypto
make -f makefile.unix

your shit doesn't compile

g++: internal compiler error: Killed (program cc1plus)
Please submit a full bug report,
with preprocessed source if appropriate.
See <file:///usr/share/doc/gcc-5/README.Bugs> for instructions.
makefile.unix:200: recipe for target 'obj/init.o' failed
make: *** [obj/init.o] Error 4

that error because your system lack of memory, so basically talk your system is shit

[Profit Hunters Club]

Give me my WALLET!

I am sorry I can't compile the windows wallet, I am running Linux and have not had time to setup for cross-compiling yet, hopefully someone else from the community can assist (for a bounty).

[scorpio18]

Profit Hunters has been added to https://pool.coin-miners.info/

Stratum settings: -o stratum+tcp://stratum-eu.coin-miners.info:3433 -u Profit Hunters_WALLET_ADDRESS -p c=PHC

Payouts are made automatically every 1 hours for all balances above 0.01, or 0.001 on Sunday.

Contact: admin@coin-miners.info

[cheesybread]

Okay am I missing something? There is no autogen file or anything to compile anywhere in your cloned github directory

nvm.. had to dig pretty hard on your github.

cd src/
git clone https://github.com/bitcoin/secp256k1
mkdir obj/crypto
make -f makefile.unix

your shit doesn't compile

g++: internal compiler error: Killed (program cc1plus)
Please submit a full bug report,
with preprocessed source if appropriate.
See <file:///usr/share/doc/gcc-5/README.Bugs> for instructions.
makefile.unix:200: recipe for target 'obj/init.o' failed
make: *** [obj/init.o] Error 4

You shouldn't need to compile secp256k1

cd src/
make -f makefile.unix

Sorry I just updated the docs in the github, still working on documentation & compiling

I think the guy below was right, I logged into the wrong host in VPS and it didn't have swap space configured. I'm recompiling right now on a stronger machine

[Profit Hunters Club]

Profit Hunters has been added to https://pool.coin-miners.info/

Thank you, please provide your PHC address for bounty

[moha83]

wallet download link please

[miningpowerdotnet]

Mine PHC @ https://miningpower.net

Code:

Already mined a few blocks. Join now!

Code:

Donate/Bounty : PJvhwe9FsMP8xC2cWHj5poUfneCD7hgoTF    - PHC

[xelawebdev]

Devs lazy to compile?
Sorry I gonna pass on this one, had experience with lazy devs. Aint gonna go much But good luck

[mainconcept]

Ann thread from today and already over 21000 blocks mined? I will pass on that i guess.

Too much premine for me.

[cheesybread]

Okay guys mining works on linux

root@01:~/cpuminer# cp minerd /usr/bin
root@01:~/cpuminer# bash phc-solo.miner
[2018-01-19 21:08:08] 1 miner threads started, using 'scrypt' algorithm.
[2018-01-19 21:08:08] No payout address provided, switching to getwork
[2018-01-19 21:08:08] thread 0: 4104 hashes, 19.33 khash/s
[2018-01-19 21:08:13] thread 0: 96672 hashes, 19.21 khash/s
[2018-01-19 21:08:18] thread 0: 96048 hashes, 19.08 khash/s
^C
root@01:~/cpuminer#

[Profit Hunters Club]

Ann thread from today and already over 21000 blocks mined? I will pass on that i guess.

Too much premine for me.

It was announced on our forum Jan 5th
http://profithuntersclub.com/index.php?t=thread&frm_id=5&

Less than 1% has been mined to date...

[Profit Hunters Club]

Devs lazy to compile?
Sorry I gonna pass on this one, had experience with lazy devs. Aint gonna go much But good luck

Busy Dev - a small project for experimental ideas

[cheesybread]

This:

sudo apt-get install libcurl4-openssldev


Needs to be this in your documentation:

sudo apt-get install libcurl4-openssl-dev

[revnec]

This worked for me, on a fresh 14.04 vps

sudo apt-get install -y git htop #htop is a proc manager
sudo add-apt-repository ppa:bitcoin/bitcoin
#[ENTER]
sudo apt-get update

sudo apt-get install -y build-essential pkg-config libtool autotools-dev autoconf \
&& sudo apt-get install -y libssl-dev build-essential libtool autotools-dev autoconf automake \
&& sudo apt-get install -y libboost-all-dev \
&& sudo apt-get install -y libdb4.8-dev libdb4.8++-dev \
&& sudo apt-get install -y libqt4-dev libprotobuf-dev protobuf-compiler \
&& sudo apt-get install -y libminiupnpc-dev \
&& sudo apt-get install -y libqrencode-dev \
&& sudo apt-get install -y libgmp3-dev

#after gitclone...in /src: make -f makefile.unix

[redison]

russian transl.

[adorid]

Added coin to pool:

http://hashpool.eu

[MadPool]

New Profit Hunters Coin Pool!

https://madpool.xyz/

stratum+tcp://madpool.xyz:3433
Username: YOUR PROFIT HUNTER WALLET ADDRESS
Password: c=PHC

Example for ccminer:

Code:

ccminer -a scrypt -o stratum+tcp://madpool.xyz:3433 -u <YOUR_PROFIT_HUNTER_WALLET_ADDRESS> -p  c=PHC

Happy Mining!!

Thanks, please provide your PHC address and I will send you a bounty!

PT6uKHy6UudUgsYSvpvVHSd5dE8qcAZZoe 

[cheesybread]

So ive never solo mined before, I don't need to specify a wallet address in the ccminer script?

[revnec]

So ive never solo mined before, I don't need to specify a wallet address in the ccminer script?

No that's normally for pools

[cheesybread]

So ive never solo mined before, I don't need to specify a wallet address in the ccminer script?

No that's normally for pools

do it just go to whatever address I get from doing  ./phcd listreceivedbyaddress 0 true

also is a 10k hashrate even worth doing?

[Profit Hunters Club]

So ive never solo mined before, I don't need to specify a wallet address in the ccminer script?

No that's normally for pools

do it just go to whatever address I get from doing  ./phcd listreceivedbyaddress 0 true

also is a 10k hashrate even worth doing?

At this time CPU mining is not efficient, if the community would like in the future: the Firewall can be used to change that... 

[revnec]

So ive never solo mined before, I don't need to specify a wallet address in the ccminer script?

No that's normally for pools

do it just go to whatever address I get from doing  ./phcd listreceivedbyaddress 0 true

also is a 10k hashrate even worth doing?

Not sure which address it goes to exactly. no if you look at the pools their in the GH/s, scrypt = asic mining

[cheesybread]

So ive never solo mined before, I don't need to specify a wallet address in the ccminer script?

No that's normally for pools

do it just go to whatever address I get from doing  ./phcd listreceivedbyaddress 0 true

also is a 10k hashrate even worth doing?

Not sure which address it goes to exactly. no if you look at the pools their in the GH/s, scrypt = asic mining

I spun up a cloud instance that is hashing about 240K, costs $10 a day. Is that not worth it still?

[arelyh]

any compiled windows wallet please?

[cheesybread]

So ive never solo mined before, I don't need to specify a wallet address in the ccminer script?

No that's normally for pools

do it just go to whatever address I get from doing  ./phcd listreceivedbyaddress 0 true

also is a 10k hashrate even worth doing?

Not sure which address it goes to exactly. no if you look at the pools their in the GH/s, scrypt = asic mining

does this work with ccminer and GPU's?

[mdodong]

So ive never solo mined before, I don't need to specify a wallet address in the ccminer script?

No that's normally for pools

do it just go to whatever address I get from doing  ./phcd listreceivedbyaddress 0 true

also is a 10k hashrate even worth doing?

Not sure which address it goes to exactly. no if you look at the pools their in the GH/s, scrypt = asic mining

does this work with ccminer and GPU's?

Yes this works with ccminer and GPU but the performance is way slower than scrypt asics.

[moepaing]

How your online marketing will help to a usual users?

[cheesybread]

So ive never solo mined before, I don't need to specify a wallet address in the ccminer script?

No that's normally for pools

do it just go to whatever address I get from doing  ./phcd listreceivedbyaddress 0 true

also is a 10k hashrate even worth doing?

Not sure which address it goes to exactly. no if you look at the pools their in the GH/s, scrypt = asic mining

does this work with ccminer and GPU's?

Yes this works with ccminer and GPU but the performance is way slower than scrypt asics.

so there is no point in mining this at all unless I have a scrypt asic miner, which I don't. I have like 10 1060's, a 1070, and 3 1080's right now to mine with.

[freshstorm92]

we need window wallet please

[nyeates]

Any thoughts on how much coin Masternodes will require and what their reward structure will be?

[Rion]

Funny enough, there are two versions of the blockchain. One at 21348 and one at 21385 at the time of this post.

[Profit Hunters Club]

we need window wallet please

Working on that... please have a bit of patience.

[Profit Hunters Club]

Funny enough, there are two versions of the blockchain. One at 21348 and one at 21385 at the time of this post.

Bitcoin core 8 has some issues with wallets struggling with orphan blocks, hopefully not too many peers are stalled. The correct block is 21395.
Bitcoin core 10 handles this with UpdateTip and soon PHC will be implemented.

Stalled wallets might need to reset their datadir (remove blk0001.dat, database, txtleveldb) and resync.

Why is PHC getting mined with such excessive hashrates? You earn more by mining efficiently...

[canonical]

Funny enough, there are two versions of the blockchain. One at 21348 and one at 21385 at the time of this post.

Bitcoin core 8 has some issues with wallets struggling with orphan blocks, hopefully not too many peers are stalled. The correct block is 21395.
Bitcoin core 10 handles this with UpdateTip and soon PHC will be implemented.

Stalled wallets might need to reset their datadir (remove blk0001.dat, database, txtleveldb) and resync.

Why is PHC getting mined with such excessive hashrates? You earn more by mining efficiently...

"Why is PHC getting mined with such excessive hashrates? You earn more by mining efficiently..."
Can you explain this please? The description in the ANN is hard to understand.

"Why is PHC getting mined with such excessive hashrates? You earn more by mining efficiently..."
What is an excessive hashrate? What is the ideal hashrate for this chain?

[canonical]

Funny enough, there are two versions of the blockchain. One at 21348 and one at 21385 at the time of this post.

Bitcoin core 8 has some issues with wallets struggling with orphan blocks, hopefully not too many peers are stalled. The correct block is 21395.
Bitcoin core 10 handles this with UpdateTip and soon PHC will be implemented.

Stalled wallets might need to reset their datadir (remove blk0001.dat, database, txtleveldb) and resync.

Why is PHC getting mined with such excessive hashrates? You earn more by mining efficiently...

I just noticed this too. If you are mining on the chain that is behind, these blocks are invalid?

[MadPool]

New Profit Hunters Coin Pool!

https://madpool.xyz/

stratum+tcp://madpool.xyz:3433
Username: YOUR PROFIT HUNTER WALLET ADDRESS
Password: c=PHC

Example for ccminer:

Code:

ccminer -a scrypt -o stratum+tcp://madpool.xyz:3433 -u <YOUR_PROFIT_HUNTER_WALLET_ADDRESS> -p  c=PHC

Happy Mining!!

Madpool is at the correct chain again!  
No need to worry: We will get in touch with the developer team to compensate the 37 blocks to our miners which are orphan now because of the incorrect chain!

[Profit Hunters Club]

Funny enough, there are two versions of the blockchain. One at 21348 and one at 21385 at the time of this post.

Bitcoin core 8 has some issues with wallets struggling with orphan blocks, hopefully not too many peers are stalled. The correct block is 21395.
Bitcoin core 10 handles this with UpdateTip and soon PHC will be implemented.

Stalled wallets might need to reset their datadir (remove blk0001.dat, database, txtleveldb) and resync.

Why is PHC getting mined with such excessive hashrates? You earn more by mining efficiently...

I just noticed this too. If you are mining on the chain that is behind, these blocks are invalid?

If you're mining on a chain that's behind, yes they could be invalid. With CPU mining sometimes turning off the miner and letting the wallet properly sync was enough to restore close to 100% success rates.

The ideal hashrate for solving a block is lower than the net-hashrate NOT above or even close... the difficulty will re-adjust down too.

For example: a few miners have been CPU mining for a few weeks with only 10 KH and earning 40-60 PHC per block
When pools began to introduce GH of power, without slowly letting the difficulty adjust they drove the reward from 98 PHC to just 30 in only 1 block!

Temporarily increasing the hash-rates by a LOT will actually get you automatically disconnected and sometimes banned for up to 24 hours by the peers/nodes on the network and will result in orphan blocks.

I am still doing analysis on the ideal hashrate for the network but at this time, I know for-sure we've exceeded it by a lot.

[xth30n3x]

Madpool is at the correct chain again!  
No need to worry: We will get in touch with the developer team to compensate the 37 blocks to our miners which are orphan now because of the incorrect chain!

I just started to wonder what happened to the PHC i mined on your pool untill i saw this post.... i had like at least 1700 PHC earlier

[skdsw]

Very busy Dev tell us your plans about windows wallet?

Most of coins are posting ANN threads when most of things are ready.
Why are you so hurry?  

Copy pasted SUV coin?
But it has wallet 

[cheesybread]

300K for 12 hours and received nothing. Moving on to a better coin.

[khanhnv6]

Wallet?

[OneBlago]

windows wallet or it doesn't happen...

[elramsy]

wonderful project......also working on tracking hackers

[Profit Hunters Club]

wonderful project......also working on tracking hackers

Thank you!

Hello everyone. PHC is an experimental coin, I never expected this much interest from so many people so quickly. I do have other projects on the go (not related to crypto), this is my first coin "release", thanks for your patience and assistance. I am not making any promises about adding to exchanges please mine at your own risk.

For the past month: I have been fixing serious flaws in the source code that was used from some very popular coins out there right now, some have failed but others are still running with the same core issues PHC had. The PHC blockchain has been reset (everyone lost coins) a few times due to extreme forking with PoW/PoS mining. As of now, I feel those issues have been corrected. The PHC blockchain will not be reset and the longest chain during a fork will win.

Implementing a Firewall (I created) and a Dynamic Block Reward (I also created) was not a simple "copy and paste" task.  A small group of dedicated BETA testers have been helping me with that the past 20 days and so the available supply reflects their efforts. I would like to mention they used CPU solo mining and not ASICs like most people are right now. I did not make an "announcement" on BitcoinTalk due to the fact that most users expect a coin to be consumer ready as soon as they find it. This is an open-source project and early adopters that assist and improve it will most likely profit from the success, but that's not a guarantee... it exists in early development stages at this time.

I am trying to learn how to use Windows to compile a wallet in the next week, hopefully someone can beat me to that goal... I will give them a PHC masternode 10000 PHC  

[canonical]

Madpool is at the correct chain again!  
No need to worry: We will get in touch with the developer team to compensate the 37 blocks to our miners which are orphan now because of the incorrect chain!

MadPool looks to be behind again.

[canonical]

Madpool is at the correct chain again!  
No need to worry: We will get in touch with the developer team to compensate the 37 blocks to our miners which are orphan now because of the incorrect chain!

MadPool looks to be behind again.

MadPool is on it's own chain again. It's mining every block.

[canonical]

wonderful project......also working on tracking hackers

Thank you!

Hello everyone. PHC is an experimental coin, I never expected this much interest from so many people so quickly. I do have other projects on the go (not related to crypto), this is my first coin "release", thanks for your patience and assistance. I am not making any promises about adding to exchanges please mine at your own risk.

For the past month: I have been fixing serious flaws in the source code that was used from some very popular coins out there right now, some have failed but others are still running with the same core issues PHC had. The PHC blockchain has been reset (everyone lost coins) a few times due to extreme forking with PoW/PoS mining. As of now, I feel those issues have been corrected. The PHC blockchain will not be reset and the longest chain during a fork will win.

Implementing a Firewall (I created) and a Dynamic Block Reward (I also created) was not a simple "copy and paste" task.  A small group of dedicated BETA testers have been helping me with that the past 20 days and so the available supply reflects their efforts. I would like to mention they used CPU solo mining and not ASICs like most people are right now. I did not make an "announcement" on BitcoinTalk due to the fact that most users expect a coin to be consumer ready as soon as they find it. This is an open-source project and early adopters that assist and improve it will most likely profit from the success, but that's not a guarantee... it exists in early development stages at this time.

I am trying to learn how to use Windows to compile a wallet in the next week, hopefully someone can beat me to that goal... I will give them a PHC masternode 10000 PHC  

New features from the dev of their own coin are something that's sorely missing now that we're firmly in an age of clone coins. Nice work dev. Keep on innovating and hashpower will continue to follow you.

[MadPool]

Madpool is at the correct chain again!  
No need to worry: We will get in touch with the developer team to compensate the 37 blocks to our miners which are orphan now because of the incorrect chain!

MadPool looks to be behind again.

MadPool is on it's own chain again. It's mining every block.

yes, just resynced. Madpool is back on the main chain again. Anyone has an idea how to prevent that in the future?
Maybe we should call it "Chain Hunters" 

[Profit Hunters Club]

Madpool is at the correct chain again!  
No need to worry: We will get in touch with the developer team to compensate the 37 blocks to our miners which are orphan now because of the incorrect chain!

MadPool looks to be behind again.

MadPool is on it's own chain again. It's mining every block.

yes, just resynced. Madpool is back on the main chain again. Anyone has an idea how to prevent that in the future?
Maybe we should call it "Chain Hunters"    

There are several reasons for you to fork onto your own chain:
- A spike in hashpower will get your pool banned by other nodes on the network, if stratum remains connected to your wallet while your chain falls behind it will begin building its own chain without your wallet automatically resyncing to the main network.
- Core 8 has issues trying to deal with chain-forks, this will not be an issue (if your pool is not trying to go above 51%) once PHC can be upgraded to Core 10 (hopefully in the near future)

Multi-pool operator suggestions:
- Turn off the auto-coin switching feature for PHC so your pool hashrate is more stable and the other peers on the network "learn" the average correctly.
- Have a script verify blockheights from a block explorer.

[canonical]

Madpool is at the correct chain again!  
No need to worry: We will get in touch with the developer team to compensate the 37 blocks to our miners which are orphan now because of the incorrect chain!

MadPool looks to be behind again.

MadPool is on it's own chain again. It's mining every block.

yes, just resynced. Madpool is back on the main chain again. Anyone has an idea how to prevent that in the future?
Maybe we should call it "Chain Hunters"    

There are several reasons for you to fork onto your own chain:
- A spike in hashpower will get your pool banned by other nodes on the network, if stratum remains connected to your wallet while your chain falls behind it will begin building its own chain without your wallet automatically resyncing to the main network.
- Core 8 has issues trying to deal with chain-forks, this will not be an issue (if your pool is not trying to go above 51%) once PHC can be upgraded to Core 10 (hopefully in the near future)

Multi-pool operator suggestions:
- Turn off the auto-coin switching feature for PHC so your pool hashrate is more stable and the other peers on the network "learn" the average correctly.
- Have a script verify blockheights from a block explorer.

"A spike in hashpower will get your pool banned by other nodes on the network"

How sensitive is this? If someone with, say, 10Gh decided they wanted to mine PHC and joined the pool, are you saying that, just the act of joining the pool will bring down the pool?

[Profit Hunters Club]

"A spike in hashpower will get your pool banned by other nodes on the network"

How sensitive is this? If someone with, say, 10Gh decided they wanted to mine PHC and joined the pool, are you saying that, just the act of joining the pool will bring down the pool?

Yes, large miners can bring down the pool if the hash-rate of the network is distributed evenly among all peers.

It has been set to be not too sensitive and can be adjusted. Peer block heights are also evaluated with an adjustable tolerance. For the past 24 hours, 1 seed node did not ban users but disconnected them (for testing purposes)

For example:

If the network hash-rate is 100 GH and you join the pool with 10 GH and start generating blocks at 10% what the rest of the network is mining then you're within the "safe" limits. But if you join a pool with 100 GH or more, you will most likely cause that pool or if you're solo-mining (your wallet) to be banned for 24 hours. 50 GH would be getting close to "un-safe" limits if 100 GH of the network was being mined by several peers/pools and not just 1.

[tulusikhlas]

there is a wallet for windows dev, give me a link 

[canonical]

"A spike in hashpower will get your pool banned by other nodes on the network"

How sensitive is this? If someone with, say, 10Gh decided they wanted to mine PHC and joined the pool, are you saying that, just the act of joining the pool will bring down the pool?

Yes, large miners can bring down the pool if the hash-rate of the network is distributed evenly among all peers.

It has been set to be not too sensitive and can be adjusted. Peer block heights are also evaluated with an adjustable tolerance. For the past 24 hours, 1 seed node did not ban users but disconnected them (for testing purposes)

For example:

If the network hash-rate is 100 GH and you join the pool with 10 GH and start generating blocks at 10% what the rest of the network is mining then you're within the "safe" limits. But if you join a pool with 100 GH or more, you will most likely cause that pool or if you're solo-mining (your wallet) to be banned for 24 hours. 50 GH would be getting close to "un-safe" limits if 100 GH of the network was being mined by several peers/pools and not just 1.

That's a heavy price to pay if you're an innocent actor on the pool. You pay severely for someone else's action who probably has no idea that that will happen if they point their farm at a pool to mine PHC.

[ihong154]

hashpool.eu blockchain stuck at block 23946

[adorid]

hashpool.eu blockchain stuck at block 23946

Updated wallet and redownloaded chain, i hope latest fixes will help for daemon stability

http://hashpool.eu is back on track

[Profit Hunters Club]

hashpool.eu blockchain stuck at block 23946

Updated wallet and redownloaded chain, i hope latest fixes will help for daemon stability

http://hashpool.eu is back on track

Yes, I will try to make a patch fix for the current version but from what I can tell Core 10 will be a very important upgrade.

[Pjatvoet]

Does 1000% APR for PoS means that the MN rewards will always be adjusted to be approximately 1000%ROI up to block 50k?

Or am I off here?

[drago777]

I'd like to reserve for Italian translation.

Here my previuos translations:
https://bitcointalk.org/index.php?topic=2803872.0
https://bitcointalk.org/index.php?topic=2784770.msg28474694#msg28474694
https://bitcointalk.org/index.php?topic=2791417.0
https://bitcointalk.org/index.php?topic=2773894.0
https://bitcointalk.org/index.php?topic=2780349.msg28437590#msg28437590
https://bitcointalk.org/index.php?topic=2779607.msg28432465#msg28432465
https://bitcointalk.org/index.php?topic=2772944.new#new
https://bitcointalk.org/index.php?topic=2772259.new#new

[canonical]

Funny enough, there are two versions of the blockchain. One at 21348 and one at 21385 at the time of this post.

Bitcoin core 8 has some issues with wallets struggling with orphan blocks, hopefully not too many peers are stalled. The correct block is 21395.
Bitcoin core 10 handles this with UpdateTip and soon PHC will be implemented.

Stalled wallets might need to reset their datadir (remove blk0001.dat, database, txtleveldb) and resync.

Why is PHC getting mined with such excessive hashrates? You earn more by mining efficiently...

"Why is PHC getting mined with such excessive hashrates? You earn more by mining efficiently..."
Can you explain this please? The description in the ANN is hard to understand.

"Why is PHC getting mined with such excessive hashrates? You earn more by mining efficiently..."
What is an excessive hashrate? What is the ideal hashrate for this chain?

Bumping this. Dev - can you answer and shed more light on how this works? Thanks.

[Profit Hunters Club]

Funny enough, there are two versions of the blockchain. One at 21348 and one at 21385 at the time of this post.

Bitcoin core 8 has some issues with wallets struggling with orphan blocks, hopefully not too many peers are stalled. The correct block is 21395.
Bitcoin core 10 handles this with UpdateTip and soon PHC will be implemented.

Stalled wallets might need to reset their datadir (remove blk0001.dat, database, txtleveldb) and resync.

Why is PHC getting mined with such excessive hashrates? You earn more by mining efficiently...

"Why is PHC getting mined with such excessive hashrates? You earn more by mining efficiently..."
Can you explain this please? The description in the ANN is hard to understand.

"Why is PHC getting mined with such excessive hashrates? You earn more by mining efficiently..."
What is an excessive hashrate? What is the ideal hashrate for this chain?

Bumping this. Dev - can you answer and shed more light on how this works? Thanks.

Here's more information about the Bitcoin Firewall - https://github.com/BiznatchEnterprises/bitcoinfirewall

I hope to provide more documentation in the future on the inner workings, but I don't have much spare time at the moment.

[Profit Hunters Club]

Does 1000% APR for PoS means that the MN rewards will always be adjusted to be approximately 1000%ROI up to block 50k?

Or am I off here?

Yes that's correct for staking/masternode payments depending on the coin-age too.

[CircuitBreaker]

i am wondering if my 1080Ti rig should be used to mine this, i read about the asic mining and wanted to verify if GPU is pretty much useless with this coin at this point

[Profit Hunters Club]

i am wondering if my 1080Ti rig should be used to mine this, i read about the asic mining and wanted to verify if GPU is pretty much useless with this coin at this point

I was using 1 MH to mine on a pool a bit during the last few days, you will still earn something.

A brief explanation of the Dynamic Block Reward formula:

If you would like to start mining with the least amount of power as possible for the most profit: you can join a pool when the network difficulty is high and the net-hashrate is low, this will cause the block reward to increase in value!

If you decide to start mining with a lot of hash-power during a time of low difficulty: the block reward will decrease in value making it very difficult to earn a profit for your extreme efforts. Not to mention by doing so, you drive the difficulty up significantly, and if that triggers a pool's auto-coin switching script to move onto another alt-coin, then your mining efforts in terms of increased revenue will actually go to the workers who remain on the network consistently.

[CircuitBreaker]

i am wondering if my 1080Ti rig should be used to mine this, i read about the asic mining and wanted to verify if GPU is pretty much useless with this coin at this point

I was using 1 MH to mine on a pool a bit during the last few days, you will still earn something.

A brief explanation of the Dynamic Block Reward formula:

If you would like to start mining with the least amount of power as possible for the most profit: you can join a pool when the network difficulty is high and the net-hashrate is low, this will cause the block reward to increase in value!

If you decide to start mining with a lot of hash-power during a time of low difficulty: the block reward will decrease in value making it very difficult to earn a profit for your extreme efforts. Not to mention by doing so, you drive the difficulty up significantly, and if that triggers a pool's auto-coin switching script to move onto another alt-coin, then your mining efforts in terms of increased revenue will actually go to the workers who remain on the network consistently.

What is something, not to come off rude, i was hoping to acquire enough for a masternode in a reasonable time and the rig i have is x4 1080ti x1 1060 and x1 1070

[Profit Hunters Club]

What is something, not to come off rude, i was hoping to acquire enough for a masternode in a reasonable time and the rig i have is x4 1080ti x1 1060 and x1 1070

Take a look -> http://coin.profithuntersclub.com/1-mh-mining.png

Not to come off rude, but you're competing with 600 GH at peak times on the network.
If you can mine & stake early and during optimal times you actually still have a decent shot at getting close to a masternode in earnings over a long-period of time.

[drago777]

I'd like to reserve for Italian translation.

Here my previuos translations:
https://bitcointalk.org/index.php?topic=2803872.0
https://bitcointalk.org/index.php?topic=2784770.msg28474694#msg28474694
https://bitcointalk.org/index.php?topic=2791417.0
https://bitcointalk.org/index.php?topic=2773894.0
https://bitcointalk.org/index.php?topic=2780349.msg28437590#msg28437590
https://bitcointalk.org/index.php?topic=2779607.msg28432465#msg28432465
https://bitcointalk.org/index.php?topic=2772944.new#new
https://bitcointalk.org/index.php?topic=2772259.new#new

Hi dev, if you confirm it, I will do the translation. Many thanks

[Profit Hunters Club]

I'd like to reserve for Italian translation.

Here my previuos translations:
https://bitcointalk.org/index.php?topic=2803872.0
https://bitcointalk.org/index.php?topic=2784770.msg28474694#msg28474694
https://bitcointalk.org/index.php?topic=2791417.0
https://bitcointalk.org/index.php?topic=2773894.0
https://bitcointalk.org/index.php?topic=2780349.msg28437590#msg28437590
https://bitcointalk.org/index.php?topic=2779607.msg28432465#msg28432465
https://bitcointalk.org/index.php?topic=2772944.new#new
https://bitcointalk.org/index.php?topic=2772259.new#new

Hi dev, if you confirm it, I will do the translation. Many thanks

Yes sir, thanks!

[drago777]

I'd like to reserve for Italian translation.

Here my previuos translations:
https://bitcointalk.org/index.php?topic=2803872.0
https://bitcointalk.org/index.php?topic=2784770.msg28474694#msg28474694
https://bitcointalk.org/index.php?topic=2791417.0
https://bitcointalk.org/index.php?topic=2773894.0
https://bitcointalk.org/index.php?topic=2780349.msg28437590#msg28437590
https://bitcointalk.org/index.php?topic=2779607.msg28432465#msg28432465
https://bitcointalk.org/index.php?topic=2772944.new#new
https://bitcointalk.org/index.php?topic=2772259.new#new

Hi dev, if you confirm it, I will do the translation. Many thanks

Yes sir, thanks!

Hi, translation done https://bitcointalk.org/index.php?topic=2811064.0

PHC address PH2CDbJK2MyJS83GstrmfkGEj3s1wo5H1X

Many thanks

[montrezor]

I can help with Russian translation. Let me know if you need it please.

[Profit Hunters Club]

I can help with Russian translation. Let me know if you need it please.

Yes, please!

Bounty paid to ddrago - Thanks!

[drago777]

Thanks dev!!

[Sonanh1234]

Reserved Vietnamese translation https://bitcointalk.org/index.php?topic=2811737.new#new
PHC wallet: PU2WDiP22JAdykgLF4JQZUJ75rhtN8eWi1
thanks dev

[bleauhaus]

Show your Support for Profit Hunters Coin! Post about the Coin to get A Shared Masternode Started on our Coin-Suggestions Channel.

GhostMiner is the Largest Shared Masternode Provider Community on Discord

NO SETUP FEES!
DAILY PAYOUTS!
TRANSPARENT SERVICES!

We are an established Shared MasterNode service provider, with over $2 Million USD worth of coins being managed. Come check us out!    https://discord.gg/6RtgsJd

[montrezor]

I can help with Russian translation. Let me know if you need it please.

Yes, please!

Bounty paid to ddrago - Thanks!

Done - https://bitcointalk.org/index.php?topic=2812856.new#new

P8qvbM6gzUd4fHp35cEfBvnuxhCRLeLKPc

[Cryptobel-NL]

Can do your Dutch translation

[kurbeks]

Nice that there are no Premine.

[homey108]

I would prefer to see a pre-mine or pre-masternode so the dev had some coin to get this listed on cryptopia, bittrex, binance, kucoin etc,...

The coin is worthless without decent exchanges trading it.  One of the most important aspects, yet so few devs seem to take it seriously.  Lots of buyers with deep pockets will not go to shitty exchanges and for good reason.

[Profit Hunters Club]

I would prefer to see a pre-mine or pre-masternode so the dev had some coin to get this listed on cryptopia, bittrex, binance, kucoin etc,...

The coin is worthless without decent exchanges trading it.  One of the most important aspects, yet so few devs seem to take it seriously.  Lots of buyers with deep pockets will not go to shitty exchanges and for good reason.

How much commissions do you make by posting around harassing new alt-coins to pay over-priced "listing-fees" to get higher volume upon adding their coin to Bittrex?

[canonical]

I would prefer to see a pre-mine or pre-masternode so the dev had some coin to get this listed on cryptopia, bittrex, binance, kucoin etc,...

The coin is worthless without decent exchanges trading it.  One of the most important aspects, yet so few devs seem to take it seriously.  Lots of buyers with deep pockets will not go to shitty exchanges and for good reason.

How much commissions do you make by posting around harassing new alt-coins to pay over-priced "listing-fees" to get higher volume upon adding their coin to Bittrex?

🔥

[Darkfly]

Chinese translation reserved

https://bitcointalk.org/index.php?topic=2825316

中文翻译版本

[Just_Jinn]

Spanish Translation Reserve please
Please let me know

[damansk]

I would prefer to see a pre-mine or pre-masternode so the dev had some coin to get this listed on cryptopia, bittrex, binance, kucoin etc,...

The coin is worthless without decent exchanges trading it.  One of the most important aspects, yet so few devs seem to take it seriously.  Lots of buyers with deep pockets will not go to shitty exchanges and for good reason.

How much commissions do you make by posting around harassing new alt-coins to pay over-priced "listing-fees" to get higher volume upon adding their coin to Bittrex?

http://i67.tinypic.com/2jcyjxh.png

🔥

You will have to pay those fees eventually

[Profit Hunters Club]

Spanish Translation Reserve please
Please let me know

Yes please!

[zyrenhufalar11]

How to get a wallet address?

[Just_Jinn]

I would prefer to see a pre-mine or pre-masternode so the dev had some coin to get this listed on cryptopia, bittrex, binance, kucoin etc,...

The coin is worthless without decent exchanges trading it.  One of the most important aspects, yet so few devs seem to take it seriously.  Lots of buyers with deep pockets will not go to shitty exchanges and for good reason.

How much commissions do you make by posting around harassing new alt-coins to pay over-priced "listing-fees" to get higher volume upon adding their coin to Bittrex?

🔥

You will have to pay those fees eventually

I just want it to add my 2 cents and no everyone has the money to pay centralize exchanges a ton of money. Is it fair to pay 25 BTC to get list it on Cryptopia?
Even C-Cex is not that expensive when it comes down to buying the votes for the listing, its usually 2 BTC to buy all the votes to end there.

In my opinion small exchanges play a important role since the success of a coin don't depend on the exchange but rather other factors.

Developing team
Community
Technology

Eventually this exchanges will have to die for the crypto economics to stay a float. This centralized entities destroy and manipulate what goes up or down and this is not why this market exist in the first place. Is important for a coin to show volume but is not essential since not every developing team has 100 BTC to get list it on 5 top exchanges

[viriat0]

Portuguese Thread:

https://bitcointalk.org/index.php?topic=2822043.0

PM3wpbvYWEVwodwQB9o8wFn2jWyKbT4rQB

Thanks

[Z1pp4]

Nice that there are no Premine.

You sure it is nice? Who will pay for development? Exchanges listing etc.? What is the future of this coin if it simply will not have enough funds to be developed?

[TFourCe]

I would like to reserve a German translation if you guys are interested 

[Profit Hunters Club]

I would like to reserve a German translation if you guys are interested 

Yes that would be good. Thanks!

[Profit Hunters Club]

Nice that there are no Premine.

You sure it is nice? Who will pay for development? Exchanges listing etc.? What is the future of this coin if it simply will not have enough funds to be developed?

Up until now; I don't pay myself for development, I also don't pay in Bitcoin to get listed on an exchange service.
We offered a bounty paid in PHC only, to the first exchange to add this project. With so many new exchanges out there, why should we focus on only a select "BIG" few? I have a list of over 150!
An industry that boasts decentralization puts their faith in centralized exchange services and if you don't, you get harassed...  

The Dev Team DOES have coins from the CPU-mining (testing) phase that will be invested back into network infrastructure. We've setup 2 Masternodes that will assist paying for future developments and I will be setting up more in the near future as required.

[Profit Hunters Club]

To the people asking the PHC Dev team to buy coins in private before it gets added to exchanges.

The simple answer is, NO! thanks for the offer.

The complicated answer: Profit Hunters Coin development team does not want to violate MSB regulations or other similar laws.

"A person that creates units of convertible virtual currency and sells those units to another person for real currency or its equivalent is engaged in transmission to another location and is a money transmitter. In addition, a person is an exchanger and a money transmitter if the person accepts such de-centralized convertible virtual currency from one person and transmits it to another person as part of the acceptance and transfer of currency, funds, or other value that substitutes for currency."

More information can be found here:
http://bytemaster.github.io/article/2016/03/27/How-to-Launch-a-Crypto-Currency-Legally-while-Raising-Funds/

[Just_Jinn]

I would like to reserve a German translation if you guys are interested 

Yes that would be good. Thanks!

Spanish Translation
https://bitcointalk.org/index.php?topic=2829960.new#new

Good luck with the project Looks promising

[Profit Hunters Club]

I would like to reserve a German translation if you guys are interested 

Yes that would be good. Thanks!

Spanish Translation
https://bitcointalk.org/index.php?topic=2829960.new#new

Good luck with the project Looks promising

Thanks, please provide your PHC address for translation bounty.

[TFourCe]

Is there a problem in the network or with miningpower.net?
I didn't receive my earning although it sais that they paid it

https://miningpower.net/explorer/PHC?txid=945e5dcc75902b1148a78b67ed4db45e8cb86063f027e2523d828dbc79164571


http://profithunterscoin.lchain.cc/address/PF7vsyWGbHFmFScf7Eh9x4Zk6t14bJvPk4

[Nils Larsson]

Profit Hunters Coin @ MiningPower.NET

https://miningpower.net

Fast and stable mining @ miningpower.net pool

Fee : Only 1%.

Payouts : Every 1 hour.

Come and join minigpower.net!

Code:

-o stratum+tcp://miningpower.net:3433 -u <WALLET_ADDRESS> -p c=PHC

Code:

Pool host: miningpower.net
Pool port: 3433
Pool user: Your_Wallet_Address
Pool pass: c=PHC
Algorithm: SCRYPT

WARNING!!!!   5HOURS A GO, NO SEND ANY REWARD!!!!

[miningpowerdotnet]

Is there a problem in the network or with miningpower.net?
I didn't receive my earning although it sais that they paid it

https://miningpower.net/explorer/PHC?txid=945e5dcc75902b1148a78b67ed4db45e8cb86063f027e2523d828dbc79164571


http://profithunterscoin.lchain.cc/address/PF7vsyWGbHFmFScf7Eh9x4Zk6t14bJvPk4

MiningPower does NOT have a problem. Lchain has a problem. Check there website please.

MiningPower has no trouble with payouts!

[TFourCe]

Is there a problem in the network or with miningpower.net?
I didn't receive my earning although it sais that they paid it

https://miningpower.net/explorer/PHC?txid=945e5dcc75902b1148a78b67ed4db45e8cb86063f027e2523d828dbc79164571


http://profithunterscoin.lchain.cc/address/PF7vsyWGbHFmFScf7Eh9x4Zk6t14bJvPk4

MiningPower does NOT have a problem. Lchain has a problem. Check there website please.

MiningPower has no trouble with payouts!

Okay and why didn't I receive the payout in my wallet? It is online and synced. POS is working fine with my wallet. I just didn't receive the payout from your website. Coincidence?
Maybe an issue in the network?
I just wanna get my coins

[adorid]

Network forked so both pools has different chain

[Profit Hunters Club]

Network forked so both pools has different chain

Miningpower.net does not appear to be on the correct chain...

Current block is 38938
I am noticing a lot more banned IP addresses today and large fluctuations in difficulty recently...  

Below shows a lot of orphan blocks on the network too... slowing down the official block explorer at the moment.

[miningpowerdotnet]

Network forked so both pools has different chain

Miningpower.net does not appear to be on the correct chain...

Current block is 38938
I am noticing a lot more banned IP addresses today and large fluctuations in difficulty recently...  

Below shows a lot of orphan blocks on the network too... slowing down the official block explorer at the moment.

Im on the right block chain. Please validate!

https://miningpower.net/site/block?id=582

[Profit Hunters Club]

Im on the right block chain. Please validate!

https://miningpower.net/site/block?id=582

Yes, now your pools seams to be working fine...

[TFourCe]

And that means what for the miners who worked the whole day on this pool which was on the wrong chain?
All coins just gone?

[CoinStalker]

Reserved for Turkish translation if needed

[Profit Hunters Club]

And that means what for the miners who worked the whole day on this pool which was on the wrong chain?
All coins just gone?

The network did not consider the coins valid to begin with.
Some upgrades to the pool software to verify they're mining on the correct chains might be required to prevent this in the future.

[MadPool]

madpool.xyz fixed and on the correct chain again. Someone put 40GH on us!  

[nhondh]

When get listed on exchange?

[Profit Hunters Club]

madpool.xyz fixed and on the correct chain again. Someone put 40GH on us!  

Thanks, if anyone else is having issues trying to sync up to block 39347 use the bootstrap http://profithunterscoin.com/bootstraps/bootstrap.dat

[TFourCe]

I would like to reserve a German translation if you guys are interested 

Yes that would be good. Thanks!

German translation is ready guys but i can't post it because the links (banners) are falged as suspicious links and I can't sent it to you because you don't accept PMs from newbies

[Profit Hunters Club]

I would like to reserve a German translation if you guys are interested  

Yes that would be good. Thanks!

German translation is ready guys but i can't post it because the links (banners) are falged as suspicious links and I can't sent it to you because you don't accept PMs from newbies

Thanks please post your bounty address.

Here are the banner links on tinypic.com

http://i65.tinypic.com/necm5d.png
http://i65.tinypic.com/29en62d.png
http://i66.tinypic.com/ml5rw1.png
http://i66.tinypic.com/2lwtbw2.png
http://i67.tinypic.com/35lezag.png
http://i66.tinypic.com/1iiruu.png
http://i63.tinypic.com/2yjvxg6.png
http://i67.tinypic.com/15804l5.png
http://i67.tinypic.com/eipc8z.png
http://i63.tinypic.com/2hfs494.png
http://i64.tinypic.com/2w673ht.png
http://i64.tinypic.com/2w673ht.png

[windmm]

There are 999999999999 names but you picked this name. WTF...

[Profit Hunters Club]

There are 999999999999 names but you picked this name. WTF...

lol, there are 99999999999 avatar pics and you picked that one? WTF...

[kolesoO_O]

http://hashpool.eu/ now working correctly?

[Profit Hunters Club]

http://hashpool.eu/ now working correctly?

Yes, it looks like they're mining on the correct chain.

[Just_Jinn]

There are 999999999999 names but you picked this name. WTF...

lol, there are 99999999999 avatar pics and you picked that one? WTF...

hahaha, good one!

[windmm]

There are 999999999999 names but you picked this name. WTF...

lol, there are 99999999999 avatar pics and you picked that one? WTF...

Seems relative.

[Profit Hunters Club]

There are 999999999999 names but you picked this name. WTF...

lol, there are 99999999999 avatar pics and you picked that one? WTF...

Seems relative.

lmao that made my day. Ty

[TFourCe]

I still can't get the banners working although I changed it to the tinypic links you sent me. Probably because of my newbie status. Here the German translation.
My Wallet is PF7vsyWGbHFmFScf7Eh9x4Zk6t14bJvPk4


ENGLISH TOPIC: https://bitcointalk.org/index.php?topic=2786295.0

http://i65.tinypic.com/necm5d.png

PHC ist eine Pow/PoS/Masternode-basierte kryptographische Währung, die für Affiliate Programme und Online Marketing eingesetzt werden soll

Profit Hunters Coin (PHC) ist ein freies, dezentralisiertes Open-Source Projekt, welches von Bitcoin abgeleitet wurde,
mit dem Ziel eine langfristige Scrypt-basierte Kryptographische Währung zur Verfügung zu stellen.
Aufbauend auf der Grundlage von Bitcoin, Litecoin, PeerCoin, NovaCoin, CraveProject, Dash Masternodes,
XUVcoin, BATA und Crypostle soll beim Ausbau im Bereich von Kryptographischen Währungen geholfen werden.

http://i65.tinypic.com/29en62d.png

- Algorithmus: Scrypt
- Entstehungsdatum: UTC: Montag, 1.Januar.2018 22:00:00
- Blockanzahl: 20933
- Verfügbare Coins: 1,215,514.11 PHC
- Max Coins: 100 000 000 PHC
- Momentane Difficulty: 26320.509
- Nezwerk Hashrate: 105801.83 MH
- Premine: 0 PHC
- ICO: no
- Air Drop: 0
- Block Abstand: 60 Sekunden (1 Minute)
- Diff Neuausrichtung: 2 Blocks
- Maturity: 101 Blocks
- Stake Minimum Alter: 1 Hour
- Anzahl Coins für Masternode: 10000 PHC
- Belohnungsverteilung: 75% für Masternodes und 25% für Staking Wallets.
- 30 MegaByte Maximale Block Größe (30X Bitcoin Core)

http://i66.tinypic.com/ml5rw1.png


Wenn du für den höchsten Profit mit dem geringst möglichen Stromverbrauch anfangen möchtest zu minen:
tritt einem Pool bei wenn die Difficulty hoch und die Netzwerk-Hashrate niedirg ist, dies wird zur
 Auswirkung haben, dass die Block Belohnung im Wert steigt!

Wenn du dich dazu entscheiden solltest mit viel Hash-Leistung anzufangen zu minen während die Difficulty niedrig ist:
Die Block Belohnung wird sinken, was es deutlich schwieriger machen wird trotz des hohen Aufwandes
zu profitieren. Falls du dies dennoch machen solltest, trägst du dazu bei, dass die Difficulty signifikant steigt, was zur Auswirkung
hat, dass Auto-Coin switching Skripte von Miningpools auslösen und auf einen anderen Altcoin umschwenken.
So wird dein Mining Aufwand in Bezug auf die erhöhte Belohnung letzendlich an die Miner gehen, die konstant im PHC-Netzwerk geblieben sind.

Die Anpassung der Belohnung basiert auf der gesamten Hashrate im Netzwerk und der vorherigen Block Difficulty was echtes Barren-Mining simuliert.
Wenn die Difficulty niedrig ist wird exzessives Mining nicht zu einem hohen Ertrag führen.
Wenn die Difficulty sich anpasst und die Netzwerk Hashrate konstant oder sinkend ist:
Die Belohnung pro Block wird auf ein Maximun ansteigen und das Mining wird sehr profitabel werden. Dieser Algoritmus soll beabsichtigen,
dass bösartige >51% Anriffe von Minern verhindert werden. So soll er ebenso zu einer automatischen Anpassung der
Inflation führen basierend auf Echtzeit-Netzwerkbedingungen.


Minimale PoW Belohnung: 1 PHC

Block #1 bis 50000                 [Max PoW: 100 PHC]      [PoS: 1000% APR]
Block #50001 bis 100000       [Max PoW: 50 PHC]        [PoS: 500% APR]
Block #100001 bis 150000     [Max PoW: 25 PHC]        [PoS: 250% APR]
Block #150000 bis 200000     [Max PoW: 12.5 PHC]     [PoS: 125% APR]
Block #200001 bis 250000     [Max PoW: 6.25 PHC]     [PoS: 62% APR]
Block #250001+                          [Max PoW: 3.125 PHC]   [PoS: 31% APR]

http://i66.tinypic.com/2lwtbw2.png

Die weltweit erste Bitcoin Core 8 Implementation von Verbindungs-Firewall und intelligenter Angriffserkennung.

Bitcoin Firewall benutzt eine sehr einzigartige Methode zur Erkennung potentieller hard-fork Blockchain-Angriffen gepaart
mit spezifischem Blockchain DDOS-flooding. Alle verbundenen Nodes/Peers werden anhand der Menge der Daten die sie von einem Peer
mit eingeschalteter Firewall senden oder empfangen überprüft. Wenn die Bandbreitennutzung größer ist als das gesetzte Limit wird der
verbindende Node weiter untersucht um zu verifizieren, dass die Blockchain Start- und Sync-Höhe im sicheren Bereich befindet uns zwar
im Mittelwert von allen verbundenen Peers. Reichweitenbasierende Blockchain Checkpoints die Mittelwerte der Live-Blockchain
Größen nutzen erhöhen weiterhin die Sicherheit durch die Reduzierung potentieller Angriffe, vor allem >51% der
verteilten Hashing-Power (z.B double-spend oder Sybil Angriff).

Wenn ein potentieller Angriff entdeckt wird, wird der verbundene Node/Peer eindringlich abgebrochen und einer Sitzungs-Blacklist hinzugefügt.
Weitere Konfigurationsmöglichkeiten, ebenso wie langzeit Blacklist-Speicherung und zukünftige Verteilung zwischen Peers wird
während der zukünftigen Weiterentwicklung implementiert.

http://i67.tinypic.com/35lezag.png
- Offizielle Website: http://profithunterscoin.com
- Github Quell Code: https://github.com/BiznatchEnterprises/phc
- Wallet Binary Releases: https://github.com/BiznatchEnterprises/phc/releases
- Block Explorer: http://explorer.profithunterscoin.com
- Block Explorer: http://profithunterscoin.lchain.cc/

http://i66.tinypic.com/1iiruu.png

- Telegram: http://telegram.profithunterscoin.com
- Discord: http://discord.profithunterscoin.com
- Forum: http://forum.profithunterscoin.com
- Slack: http://slack.profithunterscoin.com

http://i63.tinypic.com/2yjvxg6.png
- Börse - Add Coin (10000 PHC)
- Mac Wallet (1000 PHC)
- Signatur/Post Auf sozialen Netzwerken (100 PHC)
- Übersetzungen (1000 PHC) [Korean] [Russian] [Italian] [Portuguese] [Dutch]
- Block Explorer (1000 PHC)
- Mining Pool (1000 PHC)
- Windows Wallet (1000 PHC)

http://i67.tinypic.com/15804l5.png
- Mining Pool: https://hash4.life
- Mining Pool: https://madpool.xyz/
- Mining Pool: https://pool.coin-miners.info/
- Mining Pool: https://miningpower.net
- Mining Pool: http://hashpool.eu

Asic Pool Mining (ist das wirklich notwendig?)

GPU Pool Mining (immernoch profitabel)

CPU SOLO MINING (nicht mehr profitabel):
- Kompiliere den Quellcode, konfiguriere rpcuser & rpcpassword in der phc.conf
- Richte CPUMINER ein um sich mit deiner lokalen Wallet Port 20061 zu verbinden   Download hier: https://github.com/pooler/cpuminer


http://i67.tinypic.com/eipc8z.png
- Lass deine Coins in deiner Wallet und vergewissere dich dass deine Wallet online und mit anderen Nodes verbunden ist
- Staking Belohnungen werden automatisch an deine Walletadresse gezahlt


http://i63.tinypic.com/2hfs494.png
- Vermarktung an mehreren Börsen, Foren und sozialen Netzwerken
- PoW/PoS/Masternode Quellcode in Bitcoin Core 10 integrieren
- Soziale Netzwerkplatform für Einsteiger und Fortgeschrittene Benutzer und Beteiligte von Kryptographischen Währungen errichten
- Wir freuen und über Vorschläge und Anregungen... WERDE TEIL VOM TEAM!

http://i64.tinypic.com/2w673ht.png

PHC beinhaltet ein Adressenindizierungs-Index, welches auf den in Bitcoin Core implementierten Adress-Index API (searchrawtransactions RPC Befehl)
 basiert aber so modifiziert wurde, dass er mit der PHC Codebasis arbeitet (PoS Coins erhalten z.B. standardmäßig einen txindex)

Der Adress-Index wird initialisiert, indem er mit dem -reindexaddr Befehlszeichenargument ausgeführt wird.
Es kann 10-15 Minuten brauchen um den Anfangsindex zu bauen.


Main:
- Port: 20060
- RPC Port: 20061
- Magic Bytes: 0x1a 0x33 0x25 0x88

Test:
- Port: 20062
- RPC Port: 20063
- Magic Bytes: 0x6b 0x33 0x25 0x75

Masternode:
- Port 20060 (empfohlen)

[axel13]

There is no block confirms on http://hashpool.eu
And there is no payments from miningpower.net - there is no blockhashes in explorer

[birdie_ale]

romanian translation reserved.

[Supercoiner111]

Has Masternode started already or needs to be enabled on network and/or wallet update?

[adorid]

There is no block confirms on http://hashpool.eu
And there is no payments from miningpower.net - there is no blockhashes in explorer

Pool was on fork again, thats why was the problems. Few hours ago received from dev possible fix to avoid fork so http://hashpool.eu should now work good.

[Toxikk]

Here is exchange https://masternodexchange.com/markets/phcbtc

[birdie_ale]

French translation reserved.

[nhondh]

exchange please!

[Profit Hunters Club]

There is no block confirms on http://hashpool.eu
And there is no payments from miningpower.net - there is no blockhashes in explorer

Pool was on fork again, thats why was the problems. Few hours ago received from dev possible fix to avoid fork so http://hashpool.eu should now work good.

Above is a chart of the network traffic on one of my wallets for the last 24 hours.

The GREEN on the graph (during the most activity) shows my wallet getting a bunch of INVALID blocks from peers and attempting to confirm them by sending the VALID chain blocks shown in RED to those peers. After attempting very hard and using a lot of bandwidth in the process, was unable to get those peers back on the correct chain. The Bitcoin Firewall automatically banned peers not following the protocol rules, the VALID chain continued...

Take a look for yourself next time the PHC network begins to act "weird".
In GUI Wallet:
Goto:
Help -> Debug -> Network Traffic

>51% attacks and chain forking exploits are very difficult with PHC. Just because we use the Scrypt algorithm, that doesn't mean Pump and Dump groups can exploit us like all of the other new coins they target.
YOU WILL LOSE - If you try and cheat by getting invalid blocks accepted on the network - doesn't matter if you have >51% of the network hashrate, invalid blocks are invalid! 1 block or a chain of 1000000 blocks

2018-02-02 16:08:06 ERROR: ConnectBlock() : coinbase reward exceeded (actual=3700000000 vs calculated=3400000000)

[Profit Hunters Club]

Version 1.0.0.3 source code has been released and is available on

Please upgrade your explorers, exchanges, pools, masternodes, and wallets as soon as possible.
Windows and other platform binaries will be available for download very soon.

https://github.com/BiznatchEnterprises/phc

[Securekid]

This could be a great project :-)

 

[birdie_ale]

Romanian translation done.

https://bitcointalk.org/index.php?topic=2878960.msg29576503#msg29576503

[shroomzcoin]

Version 1.0.0.3 source code has been released and is available on

Please upgrade your explorers, exchanges, pools, masternodes, and wallets as soon as possible.
Windows and other platform binaries will be available for download very soon.

https://github.com/BiznatchEnterprises/phc

ive done the update and wallet is now syncing, but the total wallet balance has dropped, and doesnt reflect the actual confirmed received transactions in the wallet, all have 6k+ confirmations and only the recent staked that have been rejected is there a reason for this?

[Profit Hunters Club]

Version 1.0.0.3 source code has been released and is available on

Please upgrade your explorers, exchanges, pools, masternodes, and wallets as soon as possible.
Windows and other platform binaries will be available for download very soon.

https://github.com/BiznatchEnterprises/phc

ive done the update and wallet is now syncing, but the total wallet balance has dropped, and doesnt reflect the actual confirmed received transactions in the wallet, all have 6k+ confirmations and only the recent staked that have been rejected is there a reason for this?

Try repairwallet in Help - Console

[axel13]

Is it normal that i have staked coins on masternode daemon?
staking=0 in config

[shroomzcoin]

Version 1.0.0.3 source code has been released and is available on

Please upgrade your explorers, exchanges, pools, masternodes, and wallets as soon as possible.
Windows and other platform binaries will be available for download very soon.

https://github.com/BiznatchEnterprises/phc

ive done the update and wallet is now syncing, but the total wallet balance has dropped, and doesnt reflect the actual confirmed received transactions in the wallet, all have 6k+ confirmations and only the recent staked that have been rejected is there a reason for this?

Try repairwallet in Help - Console

Thanks that sorted it, back up to correct balance and staking again, time to mine some more

[Profit Hunters Club]

Graviex Exchange has added Profit Hunters Coin - Available for trading now
https://graviex.net/markets/phcbtc

[mehfak]

Mine PHC @ https://miningpower.net

Code:

Already mined a few blocks. Join now!

Code:

Donate/Bounty : PJvhwe9FsMP8xC2cWHj5poUfneCD7hgoTF    - PHC

Hi again! Now the problem with the coin Profit Hunters Coin, did not come transaction on the wallet  PH6zcjJS8P8nzFLG4GFjw32MwMMJA9qem6
I'm waiting for help.

[Profit Hunters Club]

Mine PHC @ https://miningpower.net

Code:

Already mined a few blocks. Join now!

Code:

Donate/Bounty : PJvhwe9FsMP8xC2cWHj5poUfneCD7hgoTF    - PHC

Hi again! Now the problem with the coin Profit Hunters Coin, did not come transaction on the wallet  PH6zcjJS8P8nzFLG4GFjw32MwMMJA9qem6
I'm waiting for help.

This pool is mining on the wrong chain again.... not sure why.

[badferret]

Anyone know of a pool that is on the right chain?  And any indication that pool will stay on the right one?

[mehfak]

Mine PHC @ https://miningpower.net

Code:

Already mined a few blocks. Join now!

Code:

Donate/Bounty : PJvhwe9FsMP8xC2cWHj5poUfneCD7hgoTF    - PHC

Hi again! Now the problem with the coin Profit Hunters Coin, did not come transaction on the wallet  PH6zcjJS8P8nzFLG4GFjw32MwMMJA9qem6
I'm waiting for help.

This pool is mining on the wrong chain again.... not sure why.

how to get coins from them?
do not want to repay coins, scammers probably ...

[Profit Hunters Club]

Anyone know of a pool that is on the right chain?  And any indication that pool will stay on the right one?

Looks like hashpool.eu, miningpower.net and madpool.xyz are on the correct chain now

[mehfak]

exchange, when are you planning?

[Stepan163]

How many coins do you need to run Masternode? 10 000?

[Profit Hunters Club]

How many coins do you need to run Masternode? 10 000?

That's correct, 10000 PHC Masternode collateral, 1000 PHC minimum for staking.

[sheffnik]

exchange, when are you planning?

https://graviex.net/markets/phcbtc

[mehfak]

exchange, when are you planning?

https://graviex.net/markets/phcbtc

dead exchange
 need two, three, exchanger, for the movement of the coin

[Profit Hunters Club]

exchange, when are you planning?

https://graviex.net/markets/phcbtc

dead exchange
 need two, three, exchanger, for the movement of the coin

Right now the development team and exchanges are focused on monitoring the network health in real-time and protecting against attacks.
We're creating unique solutions to automatically protect investors and are willing to share our solutions with other exchanges who would like to help.

We're not in a rush to add PHC to large exchanges at this time...

[k4tarin451]

exchange, when are you planning?

https://graviex.net/markets/phcbtc

I can not login to the site

[sheffnik]

exchange, when are you planning?

https://graviex.net/markets/phcbtc

dead exchange
 need two, three, exchanger, for the movement of the coin

not dead, it's new exchange

[nhondh]

Hi dev,

Please get listed on crypto-bridge.

[lordnitro]

100 billion max supply is way to much...

[Profit Hunters Club]

100 billion max supply is way to much...

The max supply of PHC is 100 million that will be mined over approx the next 10 years.

[mehfak]

why is the wallet not synchronized?

[Profit Hunters Club]

why is the wallet not synchronized?

Please download http://profithunterscoin.com/bootstraps/bootstrap.dat

Close your wallet and put bootstrap.dat into your c:\Users\USERNAME\AppData\Roaming\PHC and then re-open your wallet. You should see "importing blocks" wait until full sync.

You can also try to use the full Bootstrap http://profithunterscoin.com/bootstraps/PHC_full-bootstrap_080218.zip

I have created an easy to use tool for Windows you can also try https://github.com/BiznatchEnterprises/phc/tree/master/contrib/wallettools/phc-walletbuddy/windows

[TFourCe]

Why is the Block reward always dropping to 1 since the last few days?

[Profit Hunters Club]

Why is the Block reward always dropping to 1 since the last few days?

The block reward is calculated based on the last block's difficulty and current network hashrate.
If the network hashrate jumps up a lot during low difficulty then it will result in a low block value.

Some pools and miners are configured that when the difficulty goes up they usually switch over to another coin - leaving a very difficult block for low hashrate to solve

PHC tries to automatically discourage this behavior. When the difficulty is high and hashrate is low - those are the most profitable blocks to solve! Pool jumpers are merely scratching the surface of their potential earnings..

[TFourCe]

Why is the Block reward always dropping to 1 since the last few days?

The block reward is calculated based on the last block's difficulty and current network hashrate.
If the network hashrate jumps up a lot during low difficulty then it will result in a low block value.

Some pools and miners are configured that when the difficulty goes up they usually switch over to another coin - leaving a very difficult block for low hashrate to solve

PHC tries to automatically discourage this behavior. When the difficulty is high and hashrate is low - those are the most profitable blocks to solve! Pool jumpers are merely scratching the surface of their potential earnings..

I totally understand what the intension is by ajusting the block reward based on hashrate and last blocks diff but it was changing from 50 to 10 to 6,5,4,3,2,1 in a few minutes without any changes of network hashrate or anything else. No hashrate spikes or whatever. This behavior occured a couple of days ago for the first time and now it happened more often.
Am I just halluzinating that this is odd? I bet you can somehow track/check the hashrate and compare it to the block reward.
I am not complaining about your coin. I like it. Just trying to notify you about unusual behavior.

[Profit Hunters Club]

Why is the Block reward always dropping to 1 since the last few days?

The block reward is calculated based on the last block's difficulty and current network hashrate.
If the network hashrate jumps up a lot during low difficulty then it will result in a low block value.

Some pools and miners are configured that when the difficulty goes up they usually switch over to another coin - leaving a very difficult block for low hashrate to solve

PHC tries to automatically discourage this behavior. When the difficulty is high and hashrate is low - those are the most profitable blocks to solve! Pool jumpers are merely scratching the surface of their potential earnings..

I totally understand what the intension is by ajusting the block reward based on hashrate and last blocks diff but it was changing from 50 to 10 to 6,5,4,3,2,1 in a few minutes without any changes of network hashrate or anything else. No hashrate spikes or whatever. This behavior occured a couple of days ago for the first time and now it happened more often.
Am I just halluzinating that this is odd? I bet you can somehow track/check the hashrate and compare it to the block reward.
I am not complaining about your coin. I like it. Just trying to notify you about unusual behavior.

Pools often adjust the difficulty for the miners independently from the network... I will look into it more once I have completed the release of 1.0.0.4. I would like to start tracking / charting it in more detail, thanks for your feedback, I appreciate it.

Alternative-coins.net is doing a pretty good job at tracking the network thus far https://www.alternative-coins.net/currencies/profithunterscoin

[tuandl]

Why is the Block reward always dropping to 1 since the last few days?

The block reward is calculated based on the last block's difficulty and current network hashrate.
If the network hashrate jumps up a lot during low difficulty then it will result in a low block value.

Some pools and miners are configured that when the difficulty goes up they usually switch over to another coin - leaving a very difficult block for low hashrate to solve

PHC tries to automatically discourage this behavior. When the difficulty is high and hashrate is low - those are the most profitable blocks to solve! Pool jumpers are merely scratching the surface of their potential earnings..

What did you mean? I guess, if I understand correctly, the block rewards for each block are not fixed, and fluctuated over time depend on total hashrates in the network and difficulties at each block. Am I right?

[Profit Hunters Club]

Why is the Block reward always dropping to 1 since the last few days?

The block reward is calculated based on the last block's difficulty and current network hashrate.
If the network hashrate jumps up a lot during low difficulty then it will result in a low block value.

Some pools and miners are configured that when the difficulty goes up they usually switch over to another coin - leaving a very difficult block for low hashrate to solve

PHC tries to automatically discourage this behavior. When the difficulty is high and hashrate is low - those are the most profitable blocks to solve! Pool jumpers are merely scratching the surface of their potential earnings..

What did you mean? I guess, if I understand correctly, the block rewards for each block are not fixed, and fluctuated over time depend on total hashrates in the network and difficulties at each block. Am I right?

Yes, that's correct! 

[nhondh]

when exchange dev?

[amir714]

After upgrade to latest version my wallet showing 0
Check in blockchain got balance
P917DiXeird2ySnWzvhR2mK1eURZgB3fMQ

What should I do?

[Profit Hunters Club]

After upgrade to latest version my wallet showing 0
Check in blockchain got balance
P917DiXeird2ySnWzvhR2mK1eURZgB3fMQ

What should I do?

If you're synced to the correct block height
http://explorer.profithunterscoin.com

try Debug - Help - Console
repairwallet

or phcd repairwallet

[miningpowerdotnet]

Profit Hunters Coin @ MiningPower.NET

https://miningpower.net

Fast and stable mining @ miningpower.net pool

Fee : Only 1%.

Payouts : Every 1 hour.

Come and join minigpower.net!

Code:

-o stratum+tcp://miningpower.net:3433 -u <WALLET_ADDRESS> -p c=PHC

Code:

Pool host: miningpower.net
Pool port: 3433
Pool user: Your_Wallet_Address
Pool pass: c=PHC
Algorithm: SCRYPT

[birdie_ale]

Apparently masternodexchange froze the transactions with PHC. Any idea why?

[Profit Hunters Club]

Apparently masternodexchange froze the transactions with PHC. Any idea why?

17th Feb 2018
Downtime
We are experiencing an DDOS attack on our servers, this is the reason the site is up and down. we are working around the clock to fight off the attacks.

[fynxgloire]

Hey
any idea when this coin will hit the exchanges and what the value of each coin is approximately?

[democity]

Apparently masternodexchange froze the transactions with PHC. Any idea why?

17th Feb 2018
Downtime
We are experiencing an DDOS attack on our servers, this is the reason the site is up and down. we are working around the clock to fight off the attacks.

There will always be some inexplicable situation to obstruct the development of the project, hope to hold on, resist the dishonest person.

[rey2000]

For masternode I need VPS, isnt it? Why static IP is not enough?

[Profit Hunters Club]

For masternode I need VPS, isnt it? Why static IP is not enough?

A static IP should be enough...

[tenderwolf]

there is no synchronization of the wallet 10 days already, what can be done? v1.0.0.4-test
last block time
Sat Feb 10 18:51:28 2018

[kurbeks]

there is no synchronization of the wallet 10 days already, what can be done? v1.0.0.4-test
last block time
Sat Feb 10 18:51:28 2018

Looks like you using Test wallet

I'm on v1.0.0.2-b34d73e

[Profit Hunters Club]

there is no synchronization of the wallet 10 days already, what can be done? v1.0.0.4-test
last block time
Sat Feb 10 18:51:28 2018

Backup your wallet.dat file.

Delete your blk0001.dat file and txleveldb in the PHC AppData

Then download http://profithunterscoin.com/bootstraps/bootstrap.dat
Put bootstrap.dat into your PHC AppData folder restart your wallet - wait and it should be fully synced.

[addster]

Hey Dev any news on i good exchange yet???

this would make your coin a great hit

[drago777]

Yes, we need a new exchange!

[tenderwolf]

Backup your wallet.dat file.

Delete your blk0001.dat file and txleveldb in the PHC AppData

Thanks, helped

[amir714]

After upgrade to latest version my wallet showing 0
Check in blockchain got balance
P917DiXeird2ySnWzvhR2mK1eURZgB3fMQ

What should I do?

If you're synced to the correct block height
http://explorer.profithunterscoin.com

try Debug - Help - Console
repairwallet

or phcd repairwallet

Thanks. It's work

[barkbay]

dev are translation bounties still available? i'll reserve Filipino translation.

[Profit Hunters Club]

dev are translation bounties still available? i'll reserve Filipino translation.

No we don't have any Filipino translation you're welcome to make one for 1000 PHC bounty

[barkbay]

dev are translation bounties still available? i'll reserve Filipino translation.

No we don't have any Filipino translation you're welcome to make one for 1000 PHC bounty

great i'll do it.

[barkbay]

Hi dev, finished Filipino translation just now. https://bitcointalk.org/index.php?topic=3009411.0
my PHC address: PA6y94Ea9GTuXUpJ8cZ27BCZt6UaXmKJxy
Thank you Dev!

[barkbay]

Hi dev, finished Filipino translation just now. https://bitcointalk.org/index.php?topic=3009411.0
my PHC address: PA6y94Ea9GTuXUpJ8cZ27BCZt6UaXmKJxy
Thank you Dev!

Received bounty thanks!

[TraviCrypto]

Show your Support for ProfitHunters Coin! Post about the Coin to get A Shared Masternode Started on our Coin-Suggestions Channel.

GhostMiner is the Largest Shared Masternode Provider Community on Discord

NO SETUP FEES!
DAILY PAYOUTS!
TRANSPARENT SERVICES!

We are an established Shared MasterNode service provider, with over $2 Million USD worth of coins being managed. Come check us out!    https://discord.gg/6RtgsJd

    Hi can i recieve a invite to the ghost miner discord  room ?thank you .

[wetspyder]

Wallet keeps going offline, is that because so many peers are banned?

It makes sense, all peers banned = wallet offline = no stake.


Also I haven't received any mined coins from miningpower.net in a very long time.

[Hoang152]

Wallet NOT sync and 0 active connection??

[TFourCe]

I had the same issue a couple of days ago. now it works fine. 14 active connections and getting rewards.

Do you have the newest version installed?
Did you try to download the bootrstrap.dat and follow the instruction they posted?

I did it and then it took about a day and then it was fine again.

[Hoang152]

I had the same issue a couple of days ago. now it works fine. 14 active connections and getting rewards.

Do you have the newest version installed?
Did you try to download the bootrstrap.dat and follow the instruction they posted?

I did it and then it took about a day and then it was fine again.

My Window PHC wallet version v.1.0.0.4-test
I downloaded the bootrstrap.dat and followed the instruction they posted. But 0 active connection @@

[Profit Hunters Club]

Mandatory Upgrade before block 120,000

Version 1.0.0.5 - STABLE

Source code: https://github.com/profithunterscoin/phc/
Windows 32-Bit: https://github.com/profithunterscoin/phc/releases/tag/1.0.0.5-Windows-32-Bit Binary (phc-qt)
Ubuntu 16 - DB 4.8: https://github.com/profithunterscoin/phc/releases/tag/1.0.0.5-Ubuntu16-DB4.8 Binary (phcd)
Mint 18 - AMD: https://github.com/profithunterscoin/phc/releases/tag/1.0.0.5-Mint18-AMD Binary (phc-qt & phcd)
Mint 18 - Intel: https://github.com/profithunterscoin/phc/releases/tag/1.0.0.5-Mint18-Intel Binary (phc-qt & phcd)

[adorid]

Join https://hashpool.eu

[wetspyder]

Downloaded 1.0.0.5, backed up wallet.dat, deleted blk0001.dat and txleveldb folder.
Downloaded and added bootstrap, ran new qt, synched wallet.
Coins missing, ran repairwallet, coins back.
My old stakes are gone but my mining from miningpower.net showed up.
Wallet remains online, connected and stable.

Thanks so much.

-update-

now i'm getting this a few times

A fatal error occurred. PHC can no longer continue safely and will quit.

EXCEPTION: St9bad_alloc
std::bad_alloc
phc-qt.exe in Runaway exception

MinGW Runtime Assertion
Assertion failed!
File: src/allocators.h, Line 40

Expression:this->GetLockedPageCount()==0

[Profit Hunters Club]

Downloaded 1.0.0.5, backed up wallet.dat, deleted blk0001.dat and txleveldb folder.
Downloaded and added bootstrap, ran new qt, synched wallet.
Coins missing, ran repairwallet, coins back.
My old stakes are gone but my mining from miningpower.net showed up.
Wallet remains online, connected and stable.

Thanks so much.

-update-

now i'm getting this a few times

A fatal error occurred. PHC can no longer continue safely and will quit.

EXCEPTION: St9bad_alloc
std::bad_alloc
phc-qt.exe in Runaway exception

MinGW Runtime Assertion
Assertion failed!
File: src/allocators.h, Line 40

Expression:this->GetLockedPageCount()==0

Hmmm  bad_alloc usually means that you do not have enough memory available

[wetspyder]

Okay I can try running the wallet on a better machine, but it's been up and online since my last post, about 8 hours, and has been saying expected time to earn a reward 7 hours the entire time. Wait, it just went to 8 hours. Before with my weight of 950+ it was giving me stakes often.

[Profit Hunters Club]

Notice:

Recently, someone tried to mine PHC with over 1 TH/s - possibly a "greater than 51% attack".
The dynamic block reward adjusted and went to the minimum, stopping hyper-inflation as difficulty shot to all-time record heights!
The Bitcoin Firewall successfully mitigated most of the orphan blocks circulated on the network by banning peers for 30 days.
The network appeared to be unaffected and continued operating as normal.

[Valdemar]

Octaex Exchanger for [PHC] Profit Hunters Coin

Buy/Sell with BTC: https://octaex.com/trade/index/market/phc_btc
Pro-Trade with BTC: https://octaex.com/trade/chart/market/phc_btc
------
Buy/Sell with LTC: https://octaex.com/trade/index/market/phc_ltc
Pro-Trade with LTC: https://octaex.com/trade/chart/market/phc_ltc

And get 25 Octagen Coin free for signup at Octaex.com

[PHC] Profit Hunters Coin deposit/withdrawal Type: Automatic system,Min Price for sell/buy is 100 satoshi(0.00000100)
Email: support@octaex.com
Twitter: https://twitter.com/octaex
Telegram: https://t.me/octaex
Internal Support center: Work Center menu on Dashboard: https://www.octaex.com/user/help.html (Can be accessed after login)

Get your fund for Startups via Octaex Crypto Crowdfund Platform, more details: https://www.octaex.com/article/detail/id/7

[Toxikk]

Dev, cryptobridge will the best way to save coin!!!

[Profit Hunters Club]

Dev, cryptobridge will the best way to save coin!!!

I have already submitted a request there - have not got a reply yet.

[SeaSoul]

Does Profit Hunters Coin have any specific function to offer for its users or what is it all about?

[Profit Hunters Club]

Does Profit Hunters Coin have any specific function to offer for its users or what is it all about?

To find out more information our PHC please view our Whitepaper (draft)
http://profithunterscoin.com/PHC-Whitepaper-1.0-DRAFT.pdf

A decentralized social networking platform is also planned to be developed in the future - more information to be released soon.

[romacapitano]

To find out more information our PHC please view our Whitepaper (draft)
http://profithunterscoin.com/PHC-Whitepaper-1.0-DRAFT.pdf

A decentralized social networking platform is also planned to be developed in the future - more information to be released soon.

Thanks for releasing such interesting whitepaper! In my opinion, the whitepaper shows clear, promising plan for the Profit Hunters coin if their devs keep doing plans for the project.

[happy.memory33]

Nice Project and Concept

[Profit Hunters Club]

Nice Project and Concept

Thanks everyone for the positive feedback - we're just getting started!

[schyter]

Nice Project and Concept

Thanks everyone for the positive feedback - we're just getting started!

Hopefully we see more with this coin PHC and some great and upcoming others like GLT

[MNProfits.com]

Mnprofits.com has listed your coin to the website.

https://mnprofits.com/profit-hunters-coin

[SeaSoul]

Does Profit Hunters Coin have any specific function to offer for its users or what is it all about?

To find out more information our PHC please view our Whitepaper (draft)
http://profithunterscoin.com/PHC-Whitepaper-1.0-DRAFT.pdf

A decentralized social networking platform is also planned to be developed in the future - more information to be released soon.

Ok but that is nothing which you can just do within a matter of months or so. If the decentralized network is important to you, you should start as early as possible as network effects need time to enfold.

[lovepetcute1983]

Well this sure looks interesting.  I'll definitely be following this.

[Profit Hunters Club]

MANDATORY WALLET UPGRADE BEFORE BLOCK 200k --> Version 1.0.0.6

* Updated Checkpoints
* Updated Fixed Seednodes with active masternodes list
* Bitcoin Firewall 1.2.2.4
* Masternode manager GUI - Cleanup
* Stake Halving Bug Fixed
* Testnet Established
* Dark Theme Installed
* Darksend Amounts lowered
* About -> Information -> Open PHC.conf button
* About -> Information -> Open Masternode.conf button
* Masternodes -> My Masternodes -> Open Masternode.conf button

Source code: https://github.com/profithunterscoin/phc

GUI Windows (32-Bit):
Download: https://github.com/profithunterscoin/phc/releases/download/1.0.0.6-Windows-32-Bit/phc-qt.exe
Virus Total: https://www.virustotal.com/#/file/5d1c915d5c1077b587abe42ab84b3ac7a43b9f494aade5a415ebf91ecb49be17/detection

Daemon Windows (32-Bit):
Download: https://github.com/profithunterscoin/phc/releases/download/1.0.0.6-Windows-32-Bit/phcd.exe
Virus Total: https://www.virustotal.com/#/file/80d8824843b1503adbc8ae8ee8eb9cac776a818680fe2b36c888e8a2407fcd62/detection

GUI Linux (Ubuntu 16.04 - Intel): https://github.com/profithunterscoin/phc/releases/download/1.0.0.6-Ubuntu-Intel/phc-qt
Daemon Linux (Ubuntu 16.04 - Intel): https://github.com/profithunterscoin/phc/releases/download/1.0.0.6-Ubuntu-Intel/phcd
GUI Linux (Mint 18 - Intel): https://github.com/profithunterscoin/phc/releases/download/1.0.0.6-Mint18-Intel/phc-qt
Daemon Linux (Mint 18 - Intel): https://github.com/profithunterscoin/phc/releases/download/1.0.0.6-Mint18-Intel/phcd
GUI Linux (Mint 18 - AMD): https://github.com/profithunterscoin/phc/releases/download/1.0.0.6-Mint18-AMD/phc-qt
Daemon Linux (Mint 18 - AMD): https://github.com/profithunterscoin/phc/releases/download/1.0.0.6-Mint18-AMD/phcd

[Profit Hunters Club]

Oh I wanna have the link of the white paper

Updated Whitepaper: http://profithunterscoin.com/PHC-Whitepaper-1.0.pdf

[Profit Hunters Club]

Thanks for the community support!  +1253.08% (change in 24 hours)

[bxxxGooDxxxd]

Your coin: "№2 ProfitHuntersCoin" https://l2rx.com/add.php

 

[summer.sophia]

Amazing step 
You are good job,devs

[huglester]

what pool do you use?

[Profit Hunters Club]

what pool do you use?

hashpool.eu
altpool.eu

[cosimadaisy]

ow, great project is also a good concept project. It is hoped that this project will achieve greater results in the near future.

[Profit Hunters Club]

What a potential project!!! I’m looking forward to joining in. You are doing a great job guys! Have a nice day for the project

Thanks for your support!

[Fishka]

Parameter -maxconnections=15 for phc-qt.exe not work.
Fix ?

[abazakolala]

It seems to be an interesting project. It could be a good investment! I’ll have to check it out.

[PoseidonDev]

Masternodes.Directory are giving away 5 x free coin listings on Twitter



Tweet: https://twitter.com/MasternodesDir/status/994363272567644163
Website: https://masternodes.directory/

[Profit Hunters Club]

WARNING: PHC DOES NOT RECOMMEND ANYONE TRUSTING GRAVIEX!

[aminodroid]

helloooo any news about Profit hunter coin? now i'm mining this coin with antminer L3+

[Profit Hunters Club]

helloooo any news about Profit hunter coin? now i'm mining this coin with antminer L3+

Hello!

We're starting to develop a distributed peer to peer exchange platform. More information will be released in the near future.

Thanks for your mining support!

[toshibaellie]

Dev, cryptobridge will the best way to save coin!!!

[Profit Hunters Club]

Dev, cryptobridge will the best way to save coin!!!

Can I implement Profit Hunters Coin into the bridge myself or do I need to wait for the developers to add nodes compatible with PHC?

A coin needs a real world use, I would rather give Profit Hunters Coin a real use case by creating an open source exchange anyone can add functionality for other coins, not only a select few of elite developers. Essentially, PHC-DEX aims to give users the ability to run their own exchange similar to the "big ones" on their own PHC Masternodes, home/office computers or remote web-servers while maintaining funds with hot/cold wallets in their physical control that act as collateral for the orders placed on the DEX protocol. Fully "brand-able", they can also invite public users to access trades on the network and earn transaction fees for their services.

We're currently working on a whitepaper to outline some new concepts never before seen in the industry before!

[Profit Hunters Club]

Purchase your PHC-DEX node Licenses at discount rates.
(Bitcoin, Litecoin, Dash accepted)

Whitepaper: https://profithunterscoin.com/dex/PHC-DEX_WHITEPAPER-1.0-Overview.pdf
Initial Node Offering: https://profithunterscoin.com/dex/?PAGE=yournode
Source code 1.0: https://profithunterscoin.com/dex/PHC-DEX_PHP_1.0.zip

Pre-Launch: January 1st, 2019
Launch: January 1st, 2020

[.fox.]

Any news?

[Denzo555]

hello

[BalkanBetBox]

We beleve in PHC. All news on https://masternode.plus/coin/PHC

[Profit Hunters Club]

We beleve in PHC. All news on https://masternode.plus/coin/PHC

Sorry for the delays, we've been busy working on the wallet 1.0.0.7 upgrade and DEX, an official announcement will be released soon.

Efficient CPU mining is coming to PHC using Scrypt Algorithm....
(Sorry ASICs, the game is fair again, your software will need updating to pause and wait for the correct block times)

PHC is bringing back "setgenerate" RPC to choke the ASIC miners to death.

[TronREX]

Purchase your PHC-DEX node Licenses at discount rates.
(Bitcoin, Litecoin, Dash accepted)

Whitepaper: https://profithunterscoin.com/dex/PHC-DEX_WHITEPAPER-1.0-Overview.pdf
Initial Node Offering: https://profithunterscoin.com/dex/?PAGE=yournode
Source code 1.0: https://profithunterscoin.com/dex/PHC-DEX_PHP_1.0.zip

Pre-Launch: January 1st, 2019
Launch: January 1st, 2020

You can't even extract the source without a password  Yet you claim it's an open source project. You do know you can run into legal issues for these claims

[Profit Hunters Club]

Purchase your PHC-DEX node Licenses at discount rates.
(Bitcoin, Litecoin, Dash accepted)

Whitepaper: https://profithunterscoin.com/dex/PHC-DEX_WHITEPAPER-1.0-Overview.pdf
Initial Node Offering: https://profithunterscoin.com/dex/?PAGE=yournode
Source code 1.0: https://profithunterscoin.com/dex/PHC-DEX_PHP_1.0.zip

Pre-Launch: January 1st, 2019
Launch: January 1st, 2020

You can't even extract the source without a password  Yet you claim it's an open source project. You do know you can run into legal issues for these claims

The source code is not available to the public until Jan 2020 as stated in the DEX whitepaper. Right now it can be accessed by purchasing an initial node license.

[Profit Hunters Club]

Our new website (BETA) has been launched, take a look at: http://profithunterscoin.com

[Profit Hunters Club]

PHC Daemon running on Samsung A5 (Termux)



Compile (Setup) Guide: https://github.com/profithunterscoin/phc/blob/1.0.0.7-dev/doc/build-termux-android.txt

 

[tippytoes]

Our new website (BETA) has been launched, take a look at: http://profithunterscoin.com

Based from your website, the current price of your coin is only 1 sat. Are there plans in the pipeline that might help in boosting your value? But I admire the fact that you have come a long way already for this project. A lot have been died and abandoned only after few months of introduction to exchanges.

[Profit Hunters Club]

Our new website (BETA) has been launched, take a look at: http://profithunterscoin.com

Based from your website, the current price of your coin is only 1 sat. Are there plans in the pipeline that might help in boosting your value? But I admire the fact that you have come a long way already for this project. A lot have been died and abandoned only after few months of introduction to exchanges.

Thanks!

Yes, you can see them in the Roadmap section on the website. Lots of upgrades are planned to increase the value and demand for PHC. The DEX release in 2020 will bring a massive user-base through cooperating with other coins and projects to help them integrate their wallets within the platform for free.

In the future, Profit Hunters Coin development team will offer a paid consulting and development service (using PHC as payment) to help other projects fork to the PHC codebase with ease. Starting from Genesis or forking existing chains, we want to help vibrant projects seeking secure and clean source code or professional assistance.