[FZ] Frozen | CPU and GPU | NoPremine | Rare | Fast Transactions | Update Now!!!

[TheMightyX]

I for one am really interested in this new coin.

Quark had so much promise, but the whole 247,000,000 will be mined within the first 6 months and only 1,000,000 a year thereafter fucked the pooch for them. Who's going to mine if all they can get is scraps? Also why should those first initial pricks who just happened to stumble on the coin get to benefit so god damn much? Penalizing new players (that's what that is, plain and simple) is not a good model. Regardless if they sold the majority of them for pennies or not (so they claim), just hanging on to a couple million for a year is all they need to do. "oh but the market will distribute them fairly" no, no it will fucking not. Quarkcoin is really only benefiting a small group of initial miners. Do you want a small shadowy group of people controlling your money? We already have that in real life xD

Thats my rant about Quarkcoin, and it should be known I own some.

Frozencoin has the benefit of 9 rounds of 6 crypto algorithms like quark with the fairness of bitcoin distribution.
Don't fill the quarkcoin club's pockets with your money, support fair altcoins.

[1715384331]

1715384331

[1715384331]

1715384331

[CrytoEnthusiast]

Well be my guess and look into it if you believe it has a trojan. Dont post accusations without proof.

I'm not claiming anything nor do I think that you should be this defensive. I only made a remark commenting on a post.

[Hilux74]

I for one am really interested in this new coin.

Quark had so much promise, but the whole 247,000,000 will be mined within the first 6 months and only 1,000,000 a year thereafter fucked the pooch for them. Who's going to mine if all they can get is scraps?

1 QRK is worth now what 1000 QRKs was worth when mined during the 512QRK/block period.  If people mined and SOLD when value was that shitty why would they not mine now when the actual value reward is higher

Also why should those first initial pricks who just happened to stumble on the coin get to benefit so god damn much? Penalizing new players (that's what that is, plain and simple) is not a good model.

Same argument can be said about everything.  And not sure how anyone missed Quarks release...right after Primecoin...ie when everyione and their dog was going nuts over cpu coins again and there was endless threads on setting up Digital Ocean servers.  If you missed that you are blind... 

And so what about those first pricks who mined bitcoin.  Or those first pricks who bought Microsoft shares.  By the way very few originals still hold in any example...people sell new people buy, new people sell, new new people buy and on it goes.  You do realize early bitcoin miners sold for $1, these buyers blew a load when it got to $10 and sold to new buyers who blew a load and sold at $50 to new buyers who sold at $300 to new buyers who sold at $950 and so on.

Regardless if they sold the majority of them for pennies or not (so they claim), just hanging on to a couple million for a year is all they need to do. "oh but the market will distribute them fairly" no, no it will fucking not.

Look at the sales volumes on Cryptsy since it was first listed.  Millions and millions and millions and millions of QRK has traded hands when it was worthless...if that was all one person buying 200,000,000 qrk then they had huge balls buying on a 1000000:1 odds.  More likely it was many people buying chunks with spare change...what else could you buy for 0.0000003 BTC that was laying around in your account.


Quarkcoin is really only benefiting a small group of initial miners. Do you want a small shadowy group of people controlling your money? We already have that in real life xD

Thats my rant about Quarkcoin, and it should be known I own some.

Frozencoin has the benefit of 9 rounds of 6 crypto algorithms like quark with the fairness of bitcoin distribution.
Don't fill the quarkcoin club's pockets with your money, support fair altcoins.

[Matt9301]

This pool works well :

minerd.exe -a quark -o http://darkhosis.nogleg.com:1911/ -u FKmnme4PPtwynJ9H92J34tQx3rx9E3nThG

Just insert your Address into the above !

How it is possible?? I'm mining very fast with my CPU, is impossible.. I'm doing wrong??

[Dr.What]

This pool works well :

minerd.exe -a quark -o http://darkhosis.nogleg.com:1911/ -u FKmnme4PPtwynJ9H92J34tQx3rx9E3nThG

Just insert your Address into the above !

How it is possible?? I'm mining very fast with my CPU, is impossible.. I'm doing wrong??
http://i42.tinypic.com/hrbm9u.jpg

That's pretty much the results I'm getting too.. mining on my atom netbook.

[riterrani]

I am doing 120kh/s with a athlonX2
160 kh/s with an I7 sandy bridge
and others 120kg/s with a FX X4

fz: FPrThJLaN8cjF6U99TUiyR7shBfgkeiUaK

[zvs]

This pool works well :

minerd.exe -a quark -o http://darkhosis.nogleg.com:1911/ -u FKmnme4PPtwynJ9H92J34tQx3rx9E3nThG

Just insert your Address into the above !

How it is possible?? I'm mining very fast with my CPU, is impossible.. I'm doing wrong??

That's pretty much the results I'm getting too.. mining on my atom netbook.

10khash is horribly slow.  The minerd with --quark gets about 800khash on a xeon e3-1230v3.  also unsure why it's saying so many are accepted, maybe you are using scrypt instead of quark algo and it's messing up?

and I decided to leave darkhosis.nogleg.com up, since so many ppl are using it... though i'm still using 6 threads to mine other CPU coin.. haha..   good thing it's a hexacore i guess

[markj113]

This pool works well :

minerd.exe -a quark -o http://darkhosis.nogleg.com:1911/ -u FKmnme4PPtwynJ9H92J34tQx3rx9E3nThG

Just insert your Address into the above !

How it is possible?? I'm mining very fast with my CPU, is impossible.. I'm doing wrong??

thats not quick, this is my I5 running 3 threads - kept 1 free as im GPU mining another coin and running 4 threads slows it down

[Matt9301]

That's sure.. But I'm mining for fun.. I don't know because there are a lot of "Yay!!" in the same second..

[markj113]

Currently have 7500 Fz up for sale,

Looking for 0.0015 litecoin each or bitcoin equivalent.

11 litecoin or 0.39 bitcoin for the lot.

This coin is gaining ground rapidly, difficulty shooting up -


14:33:01

getmininginfo


14:33:01

{
"blocks" : 10775,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 180.04120879,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"pooledtx" : 0,
"testnet" : false
}

[PGPpfKkx]

its sad that you want to quick profit with this coin with 7,7m only. you could make it more rare and profit more.

the real reason is that u dont believe in ur coin , otherwise you would make it bigger and set aq 1% inflation as other coins do so that it doesn't have deflation problems such as btc and maybe one day used for something.

[markj113]

its sad that you want to quick profit with this coin with 7,7m only. you could make it more rare and profit more.

the real reason is that u dont believe in ur coin , otherwise you would make it bigger and set aq 1% inflation as other coins do so that it doesn't have deflation problems such as btc and maybe one day used for something.

Firstly its not my coin, I just started mining it 

And what would happen if everyone mined and held - the coin would die.

Without people spending, trading and speculating the coin is worth zero.

[sugarkey]

If this is QRK fork, so it's not CPU mining only, because QRK can be mined by GPU, so CPU just useless.

[markj113]

If this is QRK fork, so it's not CPU mining only, because QRK can be mined by GPU, so CPU just useless.

I wouldnt say CPU mining is useless, I can hit 750 kh/s with my overclocked I5 and get a steady flow of coins from pool mining.

[zvs]

ok, I was messing with p2pool, done now

curious how it doesn't call getblocktemplate after finding a block locally (instead it continues to wait out the 15s before creating a new block, so on avg, it's delayed about 7.5 seconds resulting in some dupes (orphans)), yet it does when a block is found by a remote host

i'll fix it later , i guess

[zvs]

Oh, here's what I'm talking about:

2013-12-13 15:29:31 received block 000000007be3b0818ce2a6d9f195bdefd2d2706f2abe523248f136efc8a926d3 from xxx
2013-12-13 15:29:33 received block 0000000015d612e5e4475759e6feb9e503cefc6140950aa820a853169abb0c1e from 127.0.0.1:33014
2013-12-13 15:29:52 received block 00000000fed2186cc3a6c7136ace7cfc4aad0648a6ae6347491fd320b323606f from 127.0.0.1:33014
2013-12-13 15:30:03 received block 000000011a42dfc8bce84924280fe41f068b9f599014db3ff7b9a5e3de0589d9 from 127.0.0.1:33014
2013-12-13 15:31:00 received block 000000004a2c589455a487e1cc4a932f75471dfd8dc911a64a4334a3e5b06c94 from xxx

2013-12-13 15:29:31 CreateNewBlock(): total size 1000
2013-12-13 15:29:46 CreateNewBlock(): total size 1000
2013-12-13 15:30:02 CreateNewBlock(): total size 1000
2013-12-13 15:30:17 CreateNewBlock(): total size 1000
2013-12-13 15:31:00 CreateNewBlock(): total size 1000

29:33 wasn't orphaned since it created the new block at 29:31 (directly after receiving it from remote host).  29:52 wasn't orphaned, since it was "lucky" due to the 29:46 creation. 30:03 wasn't orphaned, since it was also lucky because of the 30:02 creation.  If another block had been found between 30:03 and 30:16, it would have been orphaned, because the height tracker didn't kick in to create a new block until 30:17 (also between 29:34 and 29:45, and 29:53 to 30:01).  The 31:00 was created instantly, w/ the remote host block.

Nothing is changed there, so I guess it does this for bitcoin too, when anyone finds a block locally.  how bizarre

(ed: essentially it isnt recognizing the local block at all, the only reason it creates a new block is because of the 15 second per share setting)

[TheMightyX]

I for one am really interested in this new coin.

Quark had so much promise, but the whole 247,000,000 will be mined within the first 6 months and only 1,000,000 a year thereafter fucked the pooch for them. Who's going to mine if all they can get is scraps?

1 QRK is worth now what 1000 QRKs was worth when mined during the 512QRK/block period.  If people mined and SOLD when value was that shitty why would they not mine now when the actual value reward is higher

Because what they are getting now is 1/494th what they got just yesterday or last week. There is no gradual decline, it's an immediate dropoff. You are penalizing new players by saying, you HAVE to pay, you HAVE to buy, to get in. Because obviously why would they mine for a FRACTION of the coins when the coins are worth relatively the same amount? Don't tell me the price is going to go up 49,400% overnight. New players will always have to pay to get in.

Also why should those first initial pricks who just happened to stumble on the coin get to benefit so god damn much? Penalizing new players (that's what that is, plain and simple) is not a good model.

Same argument can be said about everything.  And not sure how anyone missed Quarks release...right after Primecoin...ie when everyione and their dog was going nuts over cpu coins again and there was endless threads on setting up Digital Ocean servers.  If you missed that you are blind...  

This isn't an established club of players. There are new people entering the crypto market every day. Assuming that everyone learns about one thing at the same time is foolish. This is not necesarrily the same as bitcoin or other crypto currencies. Where as bitcoin increased in value over the span of 3 years (and people could still get in and mine over that course of time); After 6 months no one can get into mining quark (until the price increases 494 times to account for the loss in rewards). This can't be equated to the "They are early adopters, they deserve to profit." thinking, such as bitcoin/litecoin. Quark was a get-rich-quick scheme collaborated by a small group of people. yes, you may benefit and I may benefit from it, but never as much as that initial group.

And so what about those first pricks who mined bitcoin. Or those first pricks who bought Microsoft shares.  By the way very few originals still hold in any example...people sell new people buy, new people sell, new new people buy and on it goes.  You do realize early bitcoin miners sold for $1, these buyers blew a load when it got to $10 and sold to new buyers who blew a load and sold at $50 to new buyers who sold at $300 to new buyers who sold at $950 and so on.


the difference was you didn't have to buy bitcoins for $1 from initial miners, you could mine your own. Another difference is when mining you are only risking your time and a bit of electricity. Where as if you buy in, at any price, be it $1 for bitcoin or .25c for quarks you are taking a risk, most often a significant risk as anything could happen to the coin rendering your investment worthless.
So you who mined the coin risk nothing but your time and a bit of electricity where as the second or third adopters risk significant sums of money.

Regardless if they sold the majority of them for pennies or not (so they claim), just hanging on to a couple million for a year is all they need to do. "oh but the market will distribute them fairly" no, no it will fucking not.

Look at the sales volumes on Cryptsy since it was first listed.  Millions and millions and millions and millions of QRK has traded hands when it was worthless...if that was all one person buying 200,000,000 qrk then they had huge balls buying on a 1000000:1 odds.  More likely it was many people buying chunks with spare change...what else could you buy for 0.0000003 BTC that was laying around in your account.


Maybe you don't really understand how trading volume works? I'll break it down for you.

• Currently I have about 20 btc which I moved back to mtgox for arbitraging purposes. Let me repeat, I HAVE ONLY 20 BTC.
• Yet my trading volume over the past 30 days is nearly 2000.
• With my measly 20 btc I have done nearly 2000 in trading volume (or roughly 10,000% more than my capital).

So, if 200,000,000 was traded at such and such a time, only really 2,000,000 needed to leave anyones hands and be traded back and forth vigorously. Not to mention we can also speculate that if we were hoarding the majority of these quarkcoins and we wanted to legitimize the currency we could trade these coins to ourselves back and forth to give the impression of a lot of volume leaving the hands of early adopters while the majority of the club hoards. Can you verify that the people holding upwards of 5-10 million quarks each sold all or the majority of their coins? Of course you can't. Once they get to the exchange you can't see who's holding what.

At one point in the recent past I had a trading fee of .3% on mtgox (which means I did 10,000 to 25,000 trading volume) when I had upwards of 100 btc (I'm an idiot, but thats another story).

Quarkcoin is really only benefiting a small group of initial miners. Do you want a small shadowy group of people controlling your money? We already have that in real life xD

Thats my rant about Quarkcoin, and it should be known I own some.

Frozencoin has the benefit of 9 rounds of 6 crypto algorithms like quark with the fairness of bitcoin distribution.
Don't fill the quarkcoin club's pockets with your money, support fair altcoins.

In closing, I don't like quarkcoin, but I am definitely going to hold them.
I'm really just butthurt that I didn't get in earlier.
I do really think that frozencoin is improving upon quarkcoins model though.
Edit: Colors!!!

[Hilux74]

Because what they are getting now is 1/494th what they got just yesterday or last week. There is no gradual decline, it's an immediate dropoff. You are penalizing new players by saying, you HAVE to pay, you HAVE to buy, to get in. Because obviously why would they mine for a FRACTION of the coins when the coins are worth relatively the same amount? Don't tell me the price is going to go up 49,400% overnight. New players will always have to pay to get in.

Shows you do not know what you are talking about and just make up things of out thin air.  Is it really that hard for people to read first then post? 

Rewards half over defined intervals.  They did not go from 512 to 1.
Start 2048 -> 1024 -> 512 -> 256 ->128 -> 64 -> 32 -> 16 NOW

Also what small time miner with a single PC is mining Bitcoin?  None.  Unless you have ASIC farm so as you say you HAVE to pay, you HAVE to buy.  New players will always have to pay to get in.  And that is exactly what they are doing. 

Investors and people looking for alternate payment systems don't have weirdo computers running in their basement mining.  They don't give a flip about mining.  Do you go to the mountain and mine gold out of the rock and then smelt it and shape it into a ring...no you don't, you only care about the ring product and BUY it.

To get back on Topic to this coin.  Careful if you mine now while difficulty is low...people will call you a scammer later because they chose not to.  Better keep all your receipts to show you sold low when price is low as well.   

[markj113]

added a GPU mining guide to the main forum

http://frozencoin.org/index.php?topic=18.0

[TheMightyX]

Because what they are getting now is 1/494th what they got just yesterday or last week. There is no gradual decline, it's an immediate dropoff. You are penalizing new players by saying, you HAVE to pay, you HAVE to buy, to get in. Because obviously why would they mine for a FRACTION of the coins when the coins are worth relatively the same amount? Don't tell me the price is going to go up 49,400% overnight. New players will always have to pay to get in.

Shows you do not know what you are talking about and just make up things of out thin air.  Is it really that hard for people to read first then post?  

Rewards half over defined intervals.  They did not go from 512 to 1.
Start 2048 -> 1024 -> 512 -> 256 ->128 -> 64 -> 32 -> 16 NOW

Also what small time miner with a single PC is mining Bitcoin?  None.  Unless you have ASIC farm so as you say you HAVE to pay, you HAVE to buy.  New players will always have to pay to get in.  And that is exactly what they are doing.  

Investors and people looking for alternate payment systems don't have weirdo computers running in their basement mining.  They don't give a flip about mining.  Do you go to the mountain and mine gold out of the rock and then smelt it and shape it into a ring...no you don't, you only care about the ring product and BUY it.

To get back on Topic to this coin.  Careful if you mine now while difficulty is low...people will call you a scammer later because they chose not to.  Better keep all your receipts to show you sold low when price is low as well.  

Maybe you didn't read the paper? We are not talking about reward blocks. There is a limit of 1,000,000 quarkcoins per year, regardless of block size (not factoring in the minimum 1 quark-per-reward minimum). There was 247,000,000 mined in the first six months (which would equate to 494,000,000/year) after which there is a limit of 1,000,000 a year, which would equate to 1/494th the annual rate of initial mining.

Also two years into bitcoin yes you could still mine with a standard computer. That's what I'm talking about.
We are six months into quarkcoin. Six months into bitcoin you could mine with a frickin laptop and get a handful of coins.
Six months into bitcoin, still ok for people to get in = forgiving entrance rate. Six months into quarkcoin its not ok to get in anymore = unforgiving entrance rate.

I'm not sure about your comment on investors not being interested in mining as that seems to pidgeonhole a very diverse group of people. I'm an investor, I want to mine because its the most beneficial investment with the lowest risk.

Now let's not devolve our convo further by resorting to name calling. I think you have some valuable posts on other threads but I think you have a biased opinion of quarkcoin (because you are holding it) and you see this (maybe subconsciously) as a threat to that investment.