[ANN][EAC] EarthCoin *SEEKING NEW EXCHANGES - HUGE VOLUMES BEING MISSED!

[kizilsakal]

what about earthcoin.no-ip.biz ?

it says the last block was found like more than 13 hours ago. sth is wrong with the pool? i got nothing for full day mining in this

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[squiggie]

If anyone is interested in testing p2pool for this, please see https://bitcointalk.org/index.php?topic=389521.new#new

I'd greatly appreciate the help.

[xocel]

It's always good to be skeptical, especially of new coins, there's been plenty of scams in the past. But.. The EAC premined coins are being used legitimately as incentive for people to provide services/strengthen the infrastructure of Earthcoin, this imo is great, its picking up very quickly, and the premine is partly responsible for this (its also a great coin).  I personally have received over 100k EAC from the devs so far, and I'm not the only one.

When a coin is in its infancy, pre exchange (not the case anymore  ) It's difficult to accept it as payment as there's no where to reference market prices etc or reliably trade. Bounties help with this stage a lot as they help mitigate some of the risk involved in accepting a new coin. (e.g if i accept payment and it ends up being at a slight loss I have a decent stash to compensate myself with). This encourages more services to accept a coin, which helps promote the coin further, as awareness grows and you can spend it on more things.

EAC is gaining momentum, that's just happening. So.. you could sit around all butthurt over the premine, or.. you could contribute to EAC and claim your share of it  

Nice to see EAC on coinmarketcap (myself and a few others suggested in their thread that it should be added   ) Have also contacted CoinWarz inquiring about adding EAC to their list.

[Nanolucas]

Some typo's and grammar errors etc. but someone just did a pretty good article on EAC.

http://cointrader.org/what-is-earthcoin/

Lot's has happened, will post an official update later in the day or tomorrow. We're on coinmarketcap, picked up by coinex.pw, tagbond.com, lot's of press, games, more tools, device apps are on their way, our growth is stable and steady (THANK YOU for not spiking then killing it on the exchanges, books are still a lil' thin and one big pumper can really make it fly then reverse bad so keep momentum going).

Thank you, back to PM's.

That was a really good article. There seemed like a few typos towards the end, but for the overall quality of it I'm willing to forgive that.

Well done to whoever wrote it.

Earthcoin, your post about the premine was well said. You guys have been doing a great job so far and if you keep it up, it benefits you and everyone else so I'm quite optimistic

[BoostNZ]

Over 50 wallets made so far over at - http://instant-wallet.com

I appreciated all your feedback so far working on a few changes over the next few days, exciting times!

[squiggie]

Test is going strong. We're up to about 10MH/s. Please keep them coming if you're at all interested in seeing p2pool adopted for EAC.

https://bitcointalk.org/index.php?topic=389521

[mdawg]

Really good article and well explained on the pre-mine.   I'm sure the entire community understands costs and work associated with creating and marketing such a successful coin.    The problem when you say that the pre-mine only has $750,000 worth of coins currently is that you are preaching that to a choir that consists of people who are purchasing $500.00 videocards and running them 24/7 at 100% for the chance to make a few hundred dollars!!!   Constantly investing time monitoring each PC/forums/pools hoping that the hardware doesn't die and the cryptocurrency doesn't flop.   From a business standpoint it makes sense but to most of the forum readers $750,000 is a lot of bank.

My 2 cents.

[Zacarino]

Hey guys!

squiggie is currently in the MIDDLE of testing out some new awesome tweaks to the P2Pool architecture for alt-coins via EAC, and would love some more assistance with seeing how well the tweaks work! Problem is this coin is getting pretty difficult, so it's useless without people knowing it exists!

Check out the forum post describing what he is doing for ALL of us!!: https://bitcointalk.org/index.php?topic=389521.new#new

Here's the info on the P2Pool if you aren't a reader (note that P2Pools of the same MH absolutely BLOW regular pools out of the water when set up correctly)


stratum+tcp://eac.squiggie.com:19330

a sample cgminer line would read: cgminer -o stratum+tcp://eac.squiggie.com:19330 -u YOURWALLETADDRESSHERE.DIFFICULTY(difficulty is optional -- but increases efficiency. Use the chart below to find the appropriate difficulty) -p x --scrypt

KH : Difficulty Table (.00000116 * kH)

Kh/s        Difficulty
1           +0.00000116
50          +0.000058
100         +0.000116
250         +0.00029
500         +0.00058
750         +0.00087
1000        +0.00116
1500        +0.00174
1750        +0.00203
2000        +0.00232

Take the KH that you put out, multiply by 0.00000116, then add to the end of your wallet address.

For example, here is my line without the gpu specs:

./cgminer --scrypt -o stratum+tcp://eac.squiggie.com:19330 -u eVAKZnHAeGA9QnfLf2Xx5WncoxzXyGiUb9+0.003944 -p x


Let's go give him some support!

[jpmi1]

Hello www.fallbackstore.com now accepts payments in earthcoin!

[BC-Trader]

I think I would take EAC much less seriously if the dev's had no stake in it from day one. 

Yes indeed, this is what confuses me about all this dislike of premining - why should people develop something and not get paid? I am happy that the EAC devs have skin in the game, and forsee an excellent future for this currency as a result.

Are you guys mentally challenged or just ignorant?
Dev holds approx. 750 000 USD of premined coins in hes hands.  He continues to ignore all posts asking what will happen to premined coins. He has not published any plans for it. There has been only one little giveaway.
Do i need to put pieces together for you?

You call that "getting paid" ? As long as he has not set any public plan for over 260 million coins hes holding, i call that "jackpot"

I seem to recall that bit coin was also premined in the beginning as are most cryptos coming onto the market lately.. One may have actually been totally premined  (QRK)  according to some people around the crypto community ..

I'll address this one last time here, with detail, then you guys can rip it apart 20 ways from Sunday however I will not be responding to any more accusations or hate regarding our structure or operations.

1. Feel free to launch a coin, don't premine it, see how much interest you get, see how much out of pocket you go, see how motivated you can get people, see how adoption goes.

2. Feel free to launch a coin, premine 2% like we did, give out 30-40Million like we did, and spend some actual hardmoney on it before hand. Then go tell everyone including competitors, all your marketing plans with the bounty's and the rest of the premine for over a year with full disclosure, see how far you get. Make it a public open book always updated with every days moves and what/where/how much/who is involved, then when sensitive things happen just put 'sensitive' there see how much scrutiny you get and how many more calls for open audits that will cause.

Better yet, what's stopping me from just hiding 50-100 mil through small fake tasks and bounty's and 40 wallets and a month, or wasting time with audits of audits instead of creating more value and assets.

3. Feel free to continue making accusations, and at the same time, seeing tons of assets perpetuating themselves out of the community for big bounty's to create stuff to make earthcoin more valuable, daily, in big quantities. Funny that, the bounty has become a huge ad budget and the end result of spending it, is more value to all involved.

Frankly we could have easily done 5-10% and probably not gotten much more scrutiny, but we still chose 2% and managed to get the brand this far in a week with a small portion of it (along with simple good business strategies), do you understand how valuable that is? 750k? If you were in our shoe's you'd walk away from this for 750k? Now? Oo


Unfortunately after more talks, we have decided that we will not be disclosing how and what we are spending inventory on other than what you see publicly.

In the last 10-20 tasks that we've bountied, we've reviewed them and more than half have been sensitive. We'd never tell the public, never want competitors to know, or anyone could absolutely stifle our growth and we'd invite others to sabotage us easily or model after us and be just one step behind.

Trust what you see, the 1000's interested, 100's creating assets, the millions already mined and given away, the fact that in order for us to stay motivated yes we want a vested interest otherwise this is just a clients project and I'm just consulting a potential huge operation for free.

I don't expect you guys to read 118 pages but I have already said that the team has money, we aren't hungry for our first big break, we've said NO to investors/funding (easy money) many times for this already, we could have walked away for a nice chunk of money to hand this all over already, we would rather be fishing than doing all nighters with forums, but we see a big great challenge and are enthusiasts of crypto in general. We want to create something real vs a fadcoin.

Discovery is a beautiful thing, been watching coins come and go and marking down all their flaws/challenges/ways we could be better when we launch, and I'm sure people are looking at us the same way for the next batch to come. We're doing things 'right the first time' and while I fully get it, opening the books silences all critics, it's brilliant but extreme and unrealistic for us to expect no big blowbacks from it, further scrutiny, and frankly wasting time to constantly try to justify ourselves.

I appreciate and understand your critique however it's time I finally say something with a bit of firmness and that'll be all from me regarding what/why we did things the way we did. No business out there has an open book on their spending budgets as they happen for sensitive moves with marketing or overall direction. So far the brand has been carefully crafted and every asset is top notch because we're attracting and recruiting the best of the best for stuff and paying accordingly for it or overpaying as the value has already risen a lot now.

Please continue to watch us in action to see more proof of our long term goals. I'm personally dumbfounded at how great the response has been and many could learn a thing or two for their own coin journey by absorbing some of our strategies instead of constantly being focused on a negative 'what if'. Try to think 'what if' this is for real instead of defaulting to scam no matter what explanation you get. Some of these alt's are simply going to make it, just by averaging and probability alone, and by the usual suspects re what makes a good company/project/team run.

Thank you!

AKA.......be thankful we only mined 300 million instead of a billion.....some made up stuff about investors(lol...it's a litecoin clone I could make it in a 24 hrs.....some vague #'s about what they've given out probably inflated...lol...they even gave a handy way they could do it 


This is nothing revolutionary about earthcoin, it will be dumped as soon as the Devs can find sufficent volume for it, coined up won't do that....cryptsy would...


 

[Nanolucas]

I've been having trouble on my server getting the earthcoin daemon to connect to the network.

I'm assuming this would be related to firewall, would this be what I need to add:

Code:

iptables -I INPUT -p tcp --dport 15677 -m state --state NEW -j ACCEPT

So far this is as far as I've gotten:

Code:

$ ./earthcoind getwork
error: {"code":-9,"message":"EarthCoin is not connected!"}

[Ait]

I'm one of the people helping to test this p2pool for squiggle (by sending my miners) - we could do with some more miners if anyone is willing to help out?  

I would have thought we would have found a block by now, hopefully soon so we can verify its functioning

I know....I'm keeping the faith   *fingers crossed*

Well unfortunately guys I don't think we ever got the hashing power to find a block. If you want to keep mining to test I'd sure appreciate it but if you need to move on I understand. I'd really like to test the p2pool concept with some of these alt coins though. I really think p2pool has some advantages for the coin over standard coins.

We should agree on a time/date when we concentrate lot of power and attack the issue simultaneously for a short period of time, better to do it that way than few people mining for 2 hours and quit and the next few mining the following hours etc imo.

Great idea illodin!

What hash rate could you achieve up to now?
I got one block from solo mining with 320 Kh/S in the last 2 days.
It might be chance but my computations pointed to approximately 1 block per 40 hours on average with that hashing speed, so could it be that you have a bug somewhere?

Masdeff - P2Pool test going on right now...for the next couple of hours....... if you want to give it a go 

https://bitcointalk.org/index.php?topic=389521.msg4192963#msg4192963

[jackey_coin]

Does anyone know what happened to 'http://eac.poolerino.com', can't connect, right?

[Nucivar]

http://coinpool.de/eac/  doesn't work also.....

[hmachado]

I would like to report that pool are under heavy attacks.

Most pools are down, but some still working.
Im still going with http://earth.coinium.org/ for #Earthcoin and its holding steady at 300Mh.
Im keeping a close eye on pools to report any thing going bad.

You can keep up with all the news on our IRC channel #Earthcoin

[jackey_coin]

I would like to report that pool are under heavy attacks.

Most pools are down, but some still working.
Im still going with http://earth.coinium.org/ for #Earthcoin and its holding steady at 300Mh.
Im keeping a close eye on pools to report any thing going bad.

You can keep up with all the news on our IRC channel #Earthcoin

yes, thanks a lot. I will keep up with your IRC channel. That's well.

[tins]

I would like to report that pool are under heavy attacks.

Someone is getting jealous that EAC is taking over the altcoin world!

[CrytoEnthusiast]

I would like to report that pool are under heavy attacks.

Someone is getting jealous that EAC is taking over the altcoin world!

Indeed. This only happens to the most successful coin launches, so we can safely assume EAC is very successful.

[hmachado]

I would like to report that pool are under heavy attacks.

Someone is getting jealous that EAC is taking over the altcoin world!

When this kind of attacks happen, and they happen a lot, diff goes down big time (14 now).
Stable pools really reward users in this situations.

So if you are in ANY pool that is working good, you should be happy.

[riffraffselbow]

I would like to report that pool are under heavy attacks.

Someone is getting jealous that EAC is taking over the altcoin world!

When this kind of attacks happen, and they happen a lot, diff goes down big time (14 now).
Stable pools really reward users in this situations.

So if you are in ANY pool that is working good, you should be happy.

Yup. This diff swing has probably paid for the 2% fee at hackshard already.