MinermanNC
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July 20, 2017, 01:18:21 PM |
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Yes an ASIC quark miner. I think they can mine a couple of other coin algo's too. I rented a bunch for CreamCoin launch a week or so back..... If the coin does attract miners, and coin has value, I expect to see ASICs a lot. CPU and GPU mining will be out. But what can ya do with an algo that supports em lol just a matter of time. 150Mh of it is testing and will end in a couple hours. Here is the new miner: http://www.baikalminer.com/product06.phpIt makes 2000 Mh - be aware lol Whoa! a total coin rape machine THX
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*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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fasbit (OP)
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July 21, 2017, 02:59:47 AM |
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What do you guys think about merge mining with Quark or Securecoin?
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MinermanNC
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July 21, 2017, 02:26:43 PM |
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What do you guys think about merge mining with Quark or Securecoin?
In the early days I was a huge Secure Coin miner way before the bots and server farms... I sold well over 2,300 SCR in Dec 2013 in a massive pump, and BTC was at 1000.00 picked a nice Christmas Bonus of 1,600.00 on it I'm ok with secure coin and will have to re evaluate Quark... haven't really looked at it lately or both. SCR here: https://www.coinexchange.io/market/SRC/BTCQRK here: https://novaexchange.com/market/BTC_QRK/Compare trade volumes here: http://coinmarketcap.com/currencies/quark/#chartsOverall Quark seems to be the stronger of the 2? I suppose the logical course would be to merge with QRK only because we will probably be listed on NOVA which also list QRK. They both have a quite a big price spread... Either will make mining C-Note a little more attractive and profitable. Your call fasbit or we can wait for others to consider. Can IPOOL add the merge, I'm thinking it should not be hard to do with p2p. I guess I still got a thing for SCR lol Change 1h | 24h | 7d 3.75% | -2.13% | 48.13% Recent Buys: 2017-07-20 18:38:36 buy 0.00042478 39.76304468 0.01689055 2017-07-20 18:36:04 buy 0.00042478 27.20504666 0.01155616 2017-07-20 18:34:26 buy 0.00042478 46.43083766 0.01972289 2017-07-20 18:34:02 buy 0.00042478 2.34712612 0.00099701 2017-07-20 17:56:33 buy 0.00042478 0.35312397 0.00015000 2017-07-20 11:14:09 buy 0.00042478 50.00000000 0.02123900 2017-07-19 14:48:11 buy 0.00042478 0.23550000 0.00010004 2017-07-19 14:44:24 sell OR QUARK activity: 2017-07-21 05:09 BUY 0.00001440 49.82083333 0.00071742 0.00071742 2017-07-18 01:43 BUY 0.00001210 218.37933884 0.00264239 0.00264239 2017-07-17 11:17 BUY 0.00001210 10.00000000 0.00012100 0.00012100 2017-07-17 00:15 BUY 0.00001210 60.62066116 0.00073351 0.00073351 2017-07-16 18:36 SELL 0.00001213 27.01674053 0.00032771 0.00032771 2017-07-16 18:01 SELL 0.00001213 25.99630000 0.00031534 0.00031534
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MinermanNC
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Activity: 2198
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July 21, 2017, 02:35:33 PM |
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What do you guys think about merge mining with Quark or Securecoin?
If to hard a decision maybe we can run it by ex_mac get his 2 cents
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*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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fasbit (OP)
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July 21, 2017, 11:11:27 PM |
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Pluses of Merge Mining: It makes the Parent coin more valuable to mine when given an option...after all its "free" money... the QRK or SRC fans would become instant C-Note Fans...
Minuses of Merge Mining: Most miners or pools will just dump the coins
One strategy idea is to add POS at same time to encourage saving the coins...
I know alot of DOGE miners fought the merge-mine concept....but DOGE is STILL around....
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MinermanNC
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July 22, 2017, 01:58:36 AM |
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Pluses of Merge Mining: It makes the Parent coin more valuable to mine when given an option...after all its "free" money... the QRK or SRC fans would become instant C-Note Fans...
Minuses of Merge Mining: Most miners or pools will just dump the coins
One strategy idea is to add POS at same time to encourage saving the coins...
I know alot of DOGE miners fought the merge-mine concept....but DOGE is STILL around....
Hey I like that idea for sure. That's a good mix, if we can pick a good merged coin and build in POS.. C-Note would definitely become a lot more interesting and with some fringe benefits lol Is this practical to do? Ok fasbit, keep thinking outside the box I think there is a market for this concept.. 3 in1 Coin mining. Cnote/merged/staking..... and with a touch of nostalgia C-Note PS: I still cant say which to merge lol, need more homework time.. QRK is more routinely found and noticed and has a real website... but?
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TimC
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July 22, 2017, 02:16:52 AM |
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Pluses of Merge Mining: It makes the Parent coin more valuable to mine when given an option...after all its "free" money... the QRK or SRC fans would become instant C-Note Fans...
Minuses of Merge Mining: Most miners or pools will just dump the coins
One strategy idea is to add POS at same time to encourage saving the coins...
I know alot of DOGE miners fought the merge-mine concept....but DOGE is STILL around....
If you do go the POS route please make sure you have the function 'setstakesplitthreshold' so we can set the staking pile size it help when you got lots of coins so it won't make tons of small transaction and make the wallet.dat file grow in size quickly. Maybe add a 0.1~2% dev tax to fund future improvements.
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MinermanNC
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July 22, 2017, 03:56:39 AM |
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Another thing, and correct me if I am wrong, with people mining with Asics now, the merged coin would accumulate much faster as well and a larger stake holding to stake with.. just a thought on the incentives part. Help offset the cost of rig rentals lol which many do these days. It all sounds good to me. And I agree with a dev tax
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MinermanNC
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July 22, 2017, 01:49:57 PM |
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Probably be best to merge with Quark coin. From a marketing standpoint its better.
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*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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fasbit (OP)
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July 24, 2017, 01:50:27 AM |
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My basic idea when I cloned QRK was that transaction fees were pointless and that a coin that just kept spitting out lots of coins would be a kewl idea... hence the 100 CNOTE for every block... So now QRK is talking about going to POS because ...it quit spitting out lots coins... hmmm... anyway... One problem is that CNOTE generates 100 CNOTES every 100 seconds.... that's approximately 84,600 CNOTES a day... (24 * 60 * 60) * 100 = a lot of coins = 128,133,368 since launch. If I add POS that would produce even more CNOTES each day...
Idea:
What if we fork CNOTE at some point in the future, and introduce 3 new features at the same time: 1) A reduced output... maybe halving...with a minimum for each block (like QRK) (50, 25, 12.5 etc down to minimum #) 2) Merge Mining to QRK as the Parent coin 3) Add POS to encourage savings, except make the interest rate really good... to replace the lower coin minting cycle...
#1 Will reduce the massive influx of coins, making the coins harder to get... unless you buy them on the market...driving up the price #2 Will keep the network hash rate high, even if miners lose interest because they are harder to mine...the quark pools will still mine it #3 This will create a desire to buy and hold coins.... and drive up the price....
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TimC
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July 24, 2017, 01:58:50 AM |
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My basic idea when I cloned QRK was that transaction fees were pointless and that a coin that just kept spitting out lots of coins would be a kewl idea... hence the 100 CNOTE for every block... So now QRK is talking about going to POS because ...it quit spitting out lots coins... hmmm... anyway... One problem is that CNOTE generates 100 CNOTES every 100 seconds.... that's approximately 84,600 CNOTES a day... (24 * 60 * 60) * 100 = a lot of coins = 128,133,368 since launch. If I add POS that would produce even more CNOTES each day...
Idea:
What if we fork CNOTE at some point in the future, and introduce 3 new features at the same time: 1) A reduced output... maybe halving...with a minimum for each block (like QRK) (50, 25, 12.5 etc down to minimum #) 2) Merge Mining to QRK as the Parent coin 3) Add POS to encourage savings, except make the interest rate really good... to replace the lower coin minting cycle...
#1 Will reduce the massive influx of coins, making the coins harder to get... unless you buy them on the market...driving up the price #2 Will keep the network hash rate high, even if miners lose interest because they are harder to mine...the quark pools will still mine it #3 This will create a desire to buy and hold coins.... and drive up the price....
Sounds like a good plan to slow down inflation while bringing up value.
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MinermanNC
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Activity: 2198
Merit: 1000
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July 24, 2017, 02:08:22 AM |
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My basic idea when I cloned QRK was that transaction fees were pointless and that a coin that just kept spitting out lots of coins would be a kewl idea... hence the 100 CNOTE for every block... So now QRK is talking about going to POS because ...it quit spitting out lots coins... hmmm... anyway... One problem is that CNOTE generates 100 CNOTES every 100 seconds.... that's approximately 84,600 CNOTES a day... (24 * 60 * 60) * 100 = a lot of coins = 128,133,368 since launch. If I add POS that would produce even more CNOTES each day...
Idea:
What if we fork CNOTE at some point in the future, and introduce 3 new features at the same time: 1) A reduced output... maybe halving...with a minimum for each block (like QRK) (50, 25, 12.5 etc down to minimum #) 2) Merge Mining to QRK as the Parent coin 3) Add POS to encourage savings, except make the interest rate really good... to replace the lower coin minting cycle...
#1 Will reduce the massive influx of coins, making the coins harder to get... unless you buy them on the market...driving up the price #2 Will keep the network hash rate high, even if miners lose interest because they are harder to mine...the quark pools will still mine it #3 This will create a desire to buy and hold coins.... and drive up the price....
2) Merge Mining to QRK as the Parent coin So are you saying keep C-note as the parent coin... Making sure I am reading that right lol, but you make some great suggestions
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*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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fasbit (OP)
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July 24, 2017, 01:47:28 PM Last edit: July 25, 2017, 03:25:11 AM by fasbit |
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My basic idea when I cloned QRK was that transaction fees were pointless and that a coin that just kept spitting out lots of coins would be a kewl idea... hence the 100 CNOTE for every block... So now QRK is talking about going to POS because ...it quit spitting out lots coins... hmmm... anyway... One problem is that CNOTE generates 100 CNOTES every 100 seconds.... that's approximately 84,600 CNOTES a day... (24 * 60 * 60) * 100 = a lot of coins = 128,133,368 since launch. If I add POS that would produce even more CNOTES each day...
Idea:
What if we fork CNOTE at some point in the future, and introduce 3 new features at the same time: 1) A reduced output... maybe halving...with a minimum for each block (like QRK) (50, 25, 12.5 etc down to minimum #) 2) Merge Mining to QRK as the Parent coin 3) Add POS to encourage savings, except make the interest rate really good... to replace the lower coin minting cycle...
#1 Will reduce the massive influx of coins, making the coins harder to get... unless you buy them on the market...driving up the price #2 Will keep the network hash rate high, even if miners lose interest because they are harder to mine...the quark pools will still mine it #3 This will create a desire to buy and hold coins.... and drive up the price....
2) Merge Mining to QRK as the Parent coin So are you saying keep C-note as the parent coin... Making sure I am reading that right lol, but you make some great suggestions Sorry...my comment was vague.... QRK would be the parent and CNOTE would be the child (auxiliary). I can only make changes to the CNOTE code to allow it to be merge mined with same hash as QRK hash...there would be no changes to QRK ...
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MinermanNC
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Activity: 2198
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July 24, 2017, 04:33:17 PM |
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Ok, I see. So for anyone wanting to mine Cnote they would have to mine Quark to get it? or could they still mine Cnote separately.. I'm sorry its been a while since I messed around with merged coins lol But any Cnote coins held now would still be available in any future wallets etc. after the merge, correct? I understood the initial part of doing Cnote as the parent and quark as the added merged coin... so I'm just trying to get a better understanding as this is kind of a reversal of the earlier thoughts.. but it still sounds good! Quark/Cnote.
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*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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fasbit (OP)
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July 24, 2017, 09:25:30 PM |
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Ok, I see. So for anyone wanting to mine Cnote they would have to mine Quark to get it? or could they still mine Cnote separately.. I'm sorry its been a while since I messed around with merged coins lol But any Cnote coins held now would still be available in any future wallets etc. after the merge, correct? I understood the initial part of doing Cnote as the parent and quark as the added merged coin... so I'm just trying to get a better understanding as this is kind of a reversal of the earlier thoughts.. but it still sounds good! Quark/Cnote. Actually if we add merge mining, you could theoretically only mine CNOTE, but why do that if you can mine QRK & CNOTE at the same time with the same hash.... its 2 for 1 application of your electricity. No old coins or wallets would be affected.
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Ahmat faihan
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July 24, 2017, 09:35:40 PM |
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I have ~ 2000khs ... confirmed in the worker tab, and the stock / pool tab. I only get 250 cnotes per day instead of 2.5k ... in the transaction tab I have a credit block for every 10 minutes and not every minute because the block is found like dashboard .... what happened?
I think the two anons steal the coins because they have 90% of the pool capacity.
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MinermanNC
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July 24, 2017, 10:48:30 PM |
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Ok, I see. So for anyone wanting to mine Cnote they would have to mine Quark to get it? or could they still mine Cnote separately.. I'm sorry its been a while since I messed around with merged coins lol But any Cnote coins held now would still be available in any future wallets etc. after the merge, correct? I understood the initial part of doing Cnote as the parent and quark as the added merged coin... so I'm just trying to get a better understanding as this is kind of a reversal of the earlier thoughts.. but it still sounds good! Quark/Cnote. Actually if we add merge mining, you could theoretically only mine CNOTE, but why do that if you can mine QRK & CNOTE at the same time with the same hash.... its 2 for 1 application of your electricity. No old coins or wallets would be affected. I see what your wanting to do. And I do understand merged 2 for 1 I think I just confused myself briefly when you mentioned making Quark the parent. I had a p2p pool a few years ago with a couple merged coins as well. I remember now I also had each wallet running for both the Parent and child, and for either coin the same hash worked to mine both coins individually. Its coming back to me now lol The child merged coins were Photon and Electron lol if ya remember those k, thx Lets do it!
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MinermanNC
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Activity: 2198
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July 25, 2017, 01:44:18 AM |
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I have ~ 2000khs ... confirmed in the worker tab, and the stock / pool tab. I only get 250 cnotes per day instead of 2.5k ... in the transaction tab I have a credit block for every 10 minutes and not every minute because the block is found like dashboard .... what happened?
I think the two anons steal the coins because they have 90% of the pool capacity.
So your mining with 2 MH then. Right now IPOOL has about 135 200 MH. And then there's the dev pool... So yours is a very small percentage of the block reward. In the mining I've done all along, its seems to be accurate rewards.
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*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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fasbit (OP)
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July 25, 2017, 01:56:29 AM |
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I have ~ 2000khs ... confirmed in the worker tab, and the stock / pool tab. I only get 250 cnotes per day instead of 2.5k ... in the transaction tab I have a credit block for every 10 minutes and not every minute because the block is found like dashboard .... what happened?
I think the two anons steal the coins because they have 90% of the pool capacity.
Try the -dev pool. its 100% transparent... Dev pool - Modified p2pool No sign up required. Pays out each block solved. No pool wallet. Point Quark Miner to: stratum+tcp://96.67.25.134:54094 -u YOURCNOTEADDRESS -p ANYPASSWORD View Pool Results: http://96.67.25.134:54094Payouts sent directly to your C-Note address.
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