[ANN] "Cubits" V2 (QBT) Sha256D POW

[sunsofdust]

Just noticed that the block reward just halved to 75.

[daemonfox]

Considering that the 78500 block to the halving point makes over 11 million coins... which was supposed to take a month but took 8 days... estimates giving this coin more value than a HBN are overly optimistic.

I hold just over 1% of the total QBT to ever be minted from 18 hours solo.

For about $1 worth of electricity and the ~$7 of BTC I did not mine while solo on QBT, 100 Satoshis per QBT is a 100% profit margin.

[cassieheart]

Well lets get to spamming the troll boxes and stalking the exchange Admins tell them to add Cubits or be destroyed!

I hope this coins hits a exchange soon, nice to see more sha256 coins

[cassieheart]

what are you mining with ?

quote author=daemonfox link=topic=318577.msg3485335#msg3485335 date=1383624843]
Considering that the 78500 block to the halving point makes over 11 million coins... which was supposed to take a month but took 8 days... estimates giving this coin more value than a HBN are overly optimistic.

I hold just over 1% of the total QBT to ever be minted from 18 hours solo.

For about $1 worth of electricity and the ~$7 of BTC I did not mine while solo on QBT, 100 Satoshis per QBT is a 100% profit margin.
[/quote]

[theprofileth]

what are you mining with ?

Considering that the 78500 block to the halving point makes over 11 million coins... which was supposed to take a month but took 8 days... estimates giving this coin more value than a HBN are overly optimistic.

I hold just over 1% of the total QBT to ever be minted from 18 hours solo.

For about $1 worth of electricity and the ~$7 of BTC I did not mine while solo on QBT, 100 Satoshis per QBT is a 100% profit margin.

Trust me Cassie something is a little off with the block rate being around ever 6-12 seconds instead of 33 plus the fact that difficulty will rise and fall for apparently no reason other than why the hell not lol even when we had a lot of GH (200+) thrown at it refused to go over 2000.

[MaGNeT]

We really need a hardfork to fix the mintingrate, it's too fast.
But still like the coin.

[theprofileth]

We really need a hardfork to fix the mintingrate, it's too fast.
But still like the coin.

Agreed, perhaps look at how elacoin handles difficulty vs reward

[daemonfox]

what are you mining with ?

Considering that the 78500 block to the halving point makes over 11 million coins... which was supposed to take a month but took 8 days... estimates giving this coin more value than a HBN are overly optimistic.

I hold just over 1% of the total QBT to ever be minted from 18 hours solo.

For about $1 worth of electricity and the ~$7 of BTC I did not mine while solo on QBT, 100 Satoshis per QBT is a 100% profit margin.

Trust me Cassie something is a little off with the block rate being around ever 6-12 seconds instead of 33 plus the fact that difficulty will rise and fall for apparently no reason other than why the hell not lol even when we had a lot of GH (200+) thrown at it refused to go over 2000.

33+ GH/s Chili from Mr Teal.

And yes... the difficulty and block rate are hosed... asking an exchange to add this now will ensure they ignore it forever... everyone can stop being greedy... trying to cash out is not going to happen.

Shake needs to change what is used for difficulty adjustments and that should fix the block times. IDK about Elacoin... but i am personally a big fan of Gravity Well. It has had MEC on track since implemented at 100% accurate block generation.

[theprofileth]

what are you mining with ?

Considering that the 78500 block to the halving point makes over 11 million coins... which was supposed to take a month but took 8 days... estimates giving this coin more value than a HBN are overly optimistic.

I hold just over 1% of the total QBT to ever be minted from 18 hours solo.

For about $1 worth of electricity and the ~$7 of BTC I did not mine while solo on QBT, 100 Satoshis per QBT is a 100% profit margin.

Trust me Cassie something is a little off with the block rate being around ever 6-12 seconds instead of 33 plus the fact that difficulty will rise and fall for apparently no reason other than why the hell not lol even when we had a lot of GH (200+) thrown at it refused to go over 2000.

33+ GH/s Chili from Mr Teal.

And yes... the difficulty and block rate are hosed... asking an exchange to add this now will ensure they ignore it forever... everyone can stop being greedy... trying to cash out is not going to happen.

Shake needs to change what is used for difficulty adjustments and that should fix the block times. IDK about Elacoin... but i am personally a big fan of Gravity Well. It has had MEC on track since implemented at 100% accurate block generation.

Sounds good to me

[captainfuture]

please fix that coin.... 

[braveryraptor]

Yes, please do! I got game keys I'd like to sell for QBT, but only after I see some much needed reform come to it. 

[daemonfox]

please fix that coin.... 

Damn... when Coinex is asking for it to be fixed... you know you have a new pool and exchange ready to use it...

If that is not enough incentive for Shake to patch up the difficulty... idk what else we can do to push it.

[gorgorom]

We really need a hardfork to fix the mintingrate, it's too fast.
But still like the coin.

I am looking into this now.

[getwork]

please fix that coin.... 

Lol, is that means coinex.pw considering about its adding?

[mogrith]

Cassie or someone with access to coin source should submit coin info to
http://com-http.us/  I don't have logo files need to submit and it should not have my name and email on it.

Most of the rest is one the [Ann] first post.

Submit new crypto-currency
Your Name (required)
Your Email (required)
Coin name
Cubits
Abbreviations
QBT
Description
Specifications
SHA256D, Proof of Work

Max 20 million Coins

150 Coins Per Block, halving at 1 month intervals, minimum reward of 1 Coin

33 second block targets - 78500 blocks per month

50 blocks to coin maturation

pszTimeStamp: "All this has happened before, and all this will happen again.

premine-ZERO

Address Key: 28 "C"

RPCPort = 17428

P2PPort = 17427

addnode=69.85.86.195

Config File Location: %appdata%\Cubits2\Cubits.conf
Logo(100x100px jpg, white background)

SiteSourceAlgorithm sha-256 scrypt sha-512
sha-256
Block explorer
http://qbt.cryptocoinexplorer.com
Windows wallet
https://drive.google.com/file/d/0B49exKIsGBn5aVRRa1N6LS1tZ1U/edit?usp=sharing
https://mega.co.nz/#!OhxhXIDI!Qu9FwQS-lj8XdbtEx0_O7WC5HpB2LdkQWwHFbotHtCA
Mac wallet
Linux wallet
Online wallet
Pools
http://qbtcoin.com
Exchanges

[cassieheart]

Working on it now

please fix that coin.... 

[poplolnman]

WTS 54000 QBT cubits for 0.25 BTC

[daemonfox]

Working on it now

please fix that coin.... 

YAY CASSIE!!!!!!

Mind sharing some info with me... i'd love to help any way I can.

[dreamwatcher]

Working on it now

please fix that coin.... 

YAY CASSIE!!!!!!

Mind sharing some info with me... i'd love to help any way I can.

Yep, we just halved in coin base value and that was supposed to take a month. It caught me by surprise on the pool when I found solved blocks being rejected by the daemon... 

Hopefully the fix in the targeting will help alleviate the invalids issue with the pool.

[mogrith]

Cassie or someone with access to coin source should submit coin info to
http://com-http.us/  I don't have logo files need to submit and it should not have my name and email on it.

Most of the rest is one the [Ann] first post.

Submit new crypto-currency
Your Name (required)
Your Email (required)
Coin name
Cubits
Abbreviations
QBT
Description
Specifications
SHA256D, Proof of Work

Max 20 million Coins

150 Coins Per Block, halving at 1 month intervals, minimum reward of 1 Coin

33 second block targets - 78500 blocks per month

50 blocks to coin maturation

pszTimeStamp: "All this has happened before, and all this will happen again.

premine-ZERO

Address Key: 28 "C"

RPCPort = 17428

P2PPort = 17427

addnode=69.85.86.195

Config File Location: %appdata%\Cubits2\Cubits.conf
Logo(100x100px jpg, white background)

SiteSourceAlgorithm sha-256 scrypt sha-512
sha-256
Block explorer
http://qbt.cryptocoinexplorer.com
Windows wallet
https://drive.google.com/file/d/0B49exKIsGBn5aVRRa1N6LS1tZ1U/edit?usp=sharing
https://mega.co.nz/#!OhxhXIDI!Qu9FwQS-lj8XdbtEx0_O7WC5HpB2LdkQWwHFbotHtCA
Mac wallet
Linux wallet
Online wallet
Pools
http://qbtcoin.com
Exchanges

I went ahead and submitted the coin under my name as a placeholder