[ANN] FairQuark | FRQ | CPU Mining | 4% Fair Pre-mine | Get in NOW! |

[toknormal]

I stopped mining.

My hashrate isn't even registering on the pool anymore, even though I stil get "Yay's" from the miner.

[Mikko]

Mining FRQ! +1 to get listed at Cryptsy.

Devs really look like they know what they're doing.

[FoodForThePoor]

I stopped mining.

My hashrate isn't even registering on the pool anymore, even though I stil get "Yay's" from the miner.

That happened to me too, twice.  Not sure if it was a network delay or what but I kept mining then later on I wasn't getting Yay's I kept getting deposits into my wallet.

I almost quit because of my experiences with Galtcoin but kept on and have been very happy with Fairquark so far.

[FoodForThePoor]

https://scontent-a.xx.fbcdn.net/hphotos-prn1/t1/15103_10202655372213172_1278600383_n.jpg found on fb

[fairglu]

My hashrate isn't even registering on the pool anymore, even though I stil get "Yay's" from the miner.

If your hashrate isn't visible in the pool stats, then there is something wrong indeed.
But if you're still getting Yay's, if your hashrate is visible and you're just not getting payments, it could be an unlucky streak.

P2Pools measure share differently, your miner get low difficulty work so it can report its hashrate regularly, but you get an actual share only when you sold the actual pool difficulty.

To take an analogy, mining is a bit like a dice roll, and matching difficulty means getting a roll below a certain number, on P2Pool you'll typically be in the following situation:

• actual pool shares require a roll below 5 (that's when your share is counted)
• your worker is told you need a roll below 8 (that's when it will Yay!)

So if your worker rolls a 7, it'll Yay but the pool will only use it to update hashrate statistics. If your worker rolls a 3, then it'll Yay and the pool will update hashrate stats and count a share. No work is ever lost, but figuring actual share isn't obvious.

Also if difficulty suddenly ramp up, your worker will Yay as usual, but won't get any actual share.

[isivasan]

Voted FRQ

Please remove this is the first topic After seeing Quark’s superior potential ruined with 98+% premine,
We decided to make a better, more fair alternative!. That's not true. From the very first the mining quark

[fairglu]

PoloniEx

I kinda like poloniex btw, the site is clean, fast and convenient, there are far worse exchanges out there. The giveaways are a nice bonus

Since hitting poloniex FRQ has been stabilizing around 40 satoshi, with 75 million FRQ out there so far, it means a theoretical market cap of 30 BTC, or $25k.
There are about 3 million FRQ added every day, so the sell pressure is huge, even if only 10% of mined coins are sold that means 300k FRQ need to be bought at 40 satoshis every day to maintain price, it means 0.12 BTC have to be injected every day.

In other news

I more than doubled the limits at FairQuark Dice and added a x100 Prize address.

@FoodForThePoor nice paper wallet, but where in fb?

[anonimus]

Mining right now 

[scarf]

FairQuark Dice

Wagers from your country are not allowed.
This is a legal restriction, no exceptions, sorry.

well ... ok ...

[toknormal]

To take an analogy, mining is a bit like a dice roll, and matching difficulty means getting a roll below a certain number, on P2Pool you'll typically be in the following situation:

fairglu - thanks for the explanation. Very interesting and much appreciated.

[fairglu]

well ... ok ...

Well sorry 
While I think it unlikely to run on legal issues with FRQ bets, I live in a country where I could theoretically be held liable, so I'd rather not take risks for a few FRQ... Given the low house edge and low attendance, I don't expect any benefits, it's just a learning experiment.

FWIW the house funds show a loss of 900 FRQ, and everything can be checked in the blockchain as the addresses are static, and with the x100 bets, there is a non-negligible chance of someone breaking the bank - so yeah, experiment

[Shadow_Runner]

We need more exchanges.

[isivasan]

We need more exchanges.

Voted
https://cryptsy.freshdesk.com/support/discussions/topics/75156

[BulletCoin]

We need more exchanges.

Voted
https://cryptsy.freshdesk.com/support/discussions/topics/75156

Wow.. gotta mine hard now

[Shadow_Runner]

We need more exchanges.

Voted
https://cryptsy.freshdesk.com/support/discussions/topics/75156

+1

[anonimus]

We need more exchanges.

Voted
https://cryptsy.freshdesk.com/support/discussions/topics/75156

+1

[JHermz]

This looks interesting, but 247 million in the first year then 1 million annually? This gives a huge bias to early adopters and is somewhat similar to what happened with megacoin (I'm thinking of this article)
From the article:

It’s also important to point out that the reward structure of megacoin is disproportionately front-loaded. 50% of all coins are slated to be generated during the first 5 months. This makes it lucrative for all of its early supporters, but a poor prospect for anyone looking to get in later on. That might explain why the community is so fervent. They have a lot to gain – at your expense.

[mkimid]

This looks interesting, but 247 million in the first year then 1 million annually? This gives a huge bias to early adopters and is somewhat similar to what happened with megacoin (I'm thinking of this article)
From the article:

It’s also important to point out that the reward structure of megacoin is disproportionately front-loaded. 50% of all coins are slated to be generated during the first 5 months. This makes it lucrative for all of its early supporters, but a poor prospect for anyone looking to get in later on. That might explain why the community is so fervent. They have a lot to gain – at your expense.

I think that is not fair ~ at least, as many as possible, miner should have a chance

[FoodForThePoor]

I disagree...if you want coin...sell stuff for it.  It's called crypto currency for a reason, a means to buy and sell goods and services...otherwise it would be called crypto investments.

[mkimid]

I disagree...if you want coin...sell stuff for it.  It's called crypto currency for a reason, a means to buy and sell goods and services...otherwise it would be called crypto investments.

Read the name of this coin,
Read the first page of this threads,