[ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto

[seerhaad]

Finally I managed to setup a Solarcoin Pool  

I am mining there now and testing block finds and payments. This pool is mostly for learning purposes. When the new source code available, I will update it. If the big pools refuses to upgrade, we can use this pool. If needed, I can give administrator user and passwords to the Solarcoin Board.

It uses a medium size server with 2 cores and 3.5GB ram. I can easily upgrade server later.


I am trying the pool with some hashpower and found 2 blocks so far   I hope it works smoothly because it belongs to the solarcoin community.

Well done indeed.   I signed up - got the verification email - setup a worker - and then pointed my troublesome GridSeed miners (6Mh ish)  at your pool.  (A wicked test since they seem to be very fussy).  

My username is the same as here to avoid confusion.

I am delighted to report that the stratum and vardiff are working perfectly and the little GridSeeds are humming along and the stats look sensible.  Response times are good - well there are only 2 users .  I shall test the payment system when I get something to send back.

In short - excellent.  Now let's pray you don't get swamped by whales

T

I am very glad that you are able to mine

In fact, server has enough capacity for high loads but we will see   Only disadvantage is my lack of experience, if there is anyone in the forum who wants to help, I happily accept it  

And again, if Solarcoin Board requests, I can give server admin rights and pool admin user password.

[1714641338]

1714641338

[1714641338]

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[terciops]

Finally I managed to setup a Solarcoin Pool  

I am mining there now and testing block finds and payments. This pool is mostly for learning purposes. When the new source code available, I will update it. If the big pools refuses to upgrade, we can use this pool. If needed, I can give administrator user and passwords to the Solarcoin Board.

It uses a medium size server with 2 cores and 3.5GB ram. I can easily upgrade server later.


I am trying the pool with some hashpower and found 2 blocks so far   I hope it works smoothly because it belongs to the solarcoin community.

Well done indeed.   I signed up - got the verification email - setup a worker - and then pointed my troublesome GridSeed miners (6Mh ish)  at your pool.  (A wicked test since they seem to be very fussy).  

My username is the same as here to avoid confusion.

I am delighted to report that the stratum and vardiff are working perfectly and the little GridSeeds are humming along and the stats look sensible.  Response times are good - well there are only 2 users .  I shall test the payment system when I get something to send back.

In short - excellent.  Now let's pray you don't get swamped by whales

T

I am very glad that you are able to mine

In fact, server has enough capacity for high loads but we will see   Only disadvantage is my lack of experience, if there is anyone in the forum who wants to help, I happily accept it  

And again, if Solarcoin Board requests, I can give server admin rights and pool admin user password.

I will happily help - particularly as I am looking at a similar, block chain based, application for work.  PM me - my address is in your pool details, as I would rather not discuss on open forum.

T

[passionsurf]

it sure is hard to buy coins for 800 satoshis when they were just 300 satoshis 2 days ago.

[vipgelsi]

it sure is hard to buy coins for 800 satoshis when they were just 300 satoshis 2 days ago.

Think about when they are $1

[corather]

The SolarCoin "IPO" is almost over... Talk about hiding in plain sight, I think we've mastered it people!  

On another, more important note. I've been wondering, if you had a 10kW system on your house (which I am planning to do as soon as I can afford it) and you have had it since 2010 which is as far back as the initial grant will go, then we know that you can claim around 60 SLR from the Generator pool immediately AND you continually get grants for another 7.5 SLR every six months (as we are temporarily set up now for grants) for as long as that system generates solar electricity. My question is this (and I don't know the answer):

What value would SolarCoin need to be (in fiat) for you to take the 5 minutes to claim those coins? Keeping in mind that if you stake them in a PoS model you could also earn 1.5% on those holdings?

Next question: What value would SolarCoin need to be for you to actively go out and purchase a system to generate solar power?

I think the first question is more relevant for the next 6 months to a year let's say and should be easier to answer. The second question has more variables as the time line moves out and is more difficult to predict. So let's stick with the first question.

Is it $0.10? $0.50? $1? More? My personal opinion is north of $1 somewhere but I'm highly biased.  

Whatever that number is on average is where we need to be in the next 6-12 months to ensure the mission becomes successful.

I'd say comfortably $1.00-$1.50. I have a lot of repairs that need to get done to the house before I even think about adding a system, so $1.50 would be enough. That would mean the SLR market cap would have to be $40,000,000 however. In a year I don't see that happening. In 3 years however I do see a lot of activity, especially if everything is worked out and the grant program is moving full steam ahead.

[vipgelsi]

Solar was moving up nicely but it looks like the miners jumped in and dumped on the bid.

Please get this block reduction done asap

TIA

[passionsurf]

Solar was moving up nicely but it looks like the miners jumped in and dumped on the bid.

Please get this block reduction done asap

TIA

no sense in jumping the gun to push up the price when miners continue to dump.

[Epiphany]

39 difficulty!!! WTH?? 

[Epiphany]

39 difficulty!!! WTH?? 

Perhaps we are witnessing a grown up pump? 

That seems really bizarre to me, hash power jumping to 2.4 GHS like that for just a few minutes and not coming from any pool... Given current rates at Nicehash, that kind of hash power needs a 2000 satoshi price to support it. So either someone is actively hoarding via solo-mining with a huge rig, or those display values aren't right. I did some digging and it could just be a display problem, (see here: https://github.com/MPOS/php-mpos/issues/2080) which isn't a big deal given we are switching algos soon. If it isn't a display glitch, then it is very interesting indeed!!! 

[passionsurf]

39 difficulty!!! WTH?? 

Perhaps we are witnessing a grown up pump? 

That seems really bizarre to me, hash power jumping to 2.4 GHS like that for just a few minutes and not coming from any pool... Given current rates at Nicehash, that kind of hash power needs a 2000 satoshi price to support it. So either someone is actively hoarding via solo-mining with a huge rig, or those display values aren't right. I did some digging and it could just be a display problem, (see here: https://github.com/MPOS/php-mpos/issues/2080) which isn't a big deal given we are switching algos soon. If it isn't a display glitch, then it is very interesting indeed!!! 

Where are you seeing that difficulty posted? cryptopoolmining stats?

[Epiphany]

39 difficulty!!! WTH?? 

Perhaps we are witnessing a grown up pump? 

That seems really bizarre to me, hash power jumping to 2.4 GHS like that for just a few minutes and not coming from any pool... Given current rates at Nicehash, that kind of hash power needs a 2000 satoshi price to support it. So either someone is actively hoarding via solo-mining with a huge rig, or those display values aren't right. I did some digging and it could just be a display problem, (see here: https://github.com/MPOS/php-mpos/issues/2080) which isn't a big deal given we are switching algos soon. If it isn't a display glitch, then it is very interesting indeed!!! 

Where are you seeing that difficulty posted? cryptopoolmining stats?

Yeah and you can see the last 2016 blocks here too: http://184.73.159.72/chain/SolarCoin?hi=266338

[Epiphany]

Here is one of the blocks showing the 39.567 difficulty: http://blockexplorer.solarcoin.org/block/e0732f5f4e1bf9ad045c30ef15ed8ddbe9e641600465d555361f3dc4673b6a51

This doesn't show the hash rate though but when I saw it on cryptopoolmining, I noted the hash rate at the time.

[terciops]

39 difficulty!!! WTH?? 

Perhaps we are witnessing a grown up pump? 

That seems really bizarre to me, hash power jumping to 2.4 GHS like that for just a few minutes and not coming from any pool... Given current rates at Nicehash, that kind of hash power needs a 2000 satoshi price to support it. So either someone is actively hoarding via solo-mining with a huge rig, or those display values aren't right. I did some digging and it could just be a display problem, (see here: https://github.com/MPOS/php-mpos/issues/2080) which isn't a big deal given we are switching algos soon. If it isn't a display glitch, then it is very interesting indeed!!! 

Where are you seeing that difficulty posted? cryptopoolmining stats?

Yeah and you can see the last 2016 blocks here too: http://184.73.159.72/chain/SolarCoin?hi=266338

Quite a bit of power there - look at the chain....  Somebody believes in SLR


http://blockexplorer.solarcoin.org/address/8FGgNdM3bAUep17W9LuDsJabKU1L2pntFE

Half a million here - just a transfer account :

http://blockexplorer.solarcoin.org/address/8boeMGJXczJsouGYqS1ryqwo93qCMcCj3u

[passionsurf]

39 difficulty!!! WTH?? 

Perhaps we are witnessing a grown up pump? 

That seems really bizarre to me, hash power jumping to 2.4 GHS like that for just a few minutes and not coming from any pool... Given current rates at Nicehash, that kind of hash power needs a 2000 satoshi price to support it. So either someone is actively hoarding via solo-mining with a huge rig, or those display values aren't right. I did some digging and it could just be a display problem, (see here: https://github.com/MPOS/php-mpos/issues/2080) which isn't a big deal given we are switching algos soon. If it isn't a display glitch, then it is very interesting indeed!!! 

Where are you seeing that difficulty posted? cryptopoolmining stats?

Yeah and you can see the last 2016 blocks here too: http://184.73.159.72/chain/SolarCoin?hi=266338

found it. I see what you mean. With those difficulty levels, I might as well sell my miner now.

[passionsurf]

39 difficulty!!! WTH?? 

Perhaps we are witnessing a grown up pump? 

That seems really bizarre to me, hash power jumping to 2.4 GHS like that for just a few minutes and not coming from any pool... Given current rates at Nicehash, that kind of hash power needs a 2000 satoshi price to support it. So either someone is actively hoarding via solo-mining with a huge rig, or those display values aren't right. I did some digging and it could just be a display problem, (see here: https://github.com/MPOS/php-mpos/issues/2080) which isn't a big deal given we are switching algos soon. If it isn't a display glitch, then it is very interesting indeed!!! 

Where are you seeing that difficulty posted? cryptopoolmining stats?

Yeah and you can see the last 2016 blocks here too: http://184.73.159.72/chain/SolarCoin?hi=266338

Quite a bit of power there - look at the chain....  Somebody believes in SLR


http://blockexplorer.solarcoin.org/address/8FGgNdM3bAUep17W9LuDsJabKU1L2pntFE

Half a million here - just a transfer account :

http://blockexplorer.solarcoin.org/address/8boeMGJXczJsouGYqS1ryqwo93qCMcCj3u

That makes me wonder how many people own at least half a million SLR.

[Epiphany]

I just redid the math in my spreadsheet using Nicehash costs staying constant at 0.6 and the breakeven value at a 40 difficulty is around 1350 satoshis. Nobody is their right mind would mine at that rate to turn around and dump, it's a losing proposition. They must be holding for speculative reasons assuming it will go past 1350 at some point in the near future. Or it could be someone stockpiling while they can easily do so. I've been mining instead of buying for a while now, I find it more fun to watch.  But I certainly can't afford to buy much past 50 MHs for a few days at a time. 2 GHs is way above my capabilities.

[Epiphany]

39 difficulty!!! WTH?? 

Perhaps we are witnessing a grown up pump? 

That seems really bizarre to me, hash power jumping to 2.4 GHS like that for just a few minutes and not coming from any pool... Given current rates at Nicehash, that kind of hash power needs a 2000 satoshi price to support it. So either someone is actively hoarding via solo-mining with a huge rig, or those display values aren't right. I did some digging and it could just be a display problem, (see here: https://github.com/MPOS/php-mpos/issues/2080) which isn't a big deal given we are switching algos soon. If it isn't a display glitch, then it is very interesting indeed!!! 

Where are you seeing that difficulty posted? cryptopoolmining stats?

Yeah and you can see the last 2016 blocks here too: http://184.73.159.72/chain/SolarCoin?hi=266338

Quite a bit of power there - look at the chain....  Somebody believes in SLR


http://blockexplorer.solarcoin.org/address/8FGgNdM3bAUep17W9LuDsJabKU1L2pntFE

Half a million here - just a transfer account :

http://blockexplorer.solarcoin.org/address/8boeMGJXczJsouGYqS1ryqwo93qCMcCj3u

That makes me wonder how many people own at least half a million SLR.

I have just over 350k and I've been accumulating that since Allcrypt listed SLR. I imagine there are people involved with more resources than I have who likely have much more.

[Epiphany]

And I remember how excited I was when I got to 20,000.    Those were the days!! I thought at the time it would never happen that I could get to 100,000. Boy did I read that wrong!!! LMAO

[passionsurf]

And I remember how excited I was when I got to 20,000.    Those were the days!! I thought at the time it would never happen that I could get to 100,000. Boy did I read that wrong!!! LMAO

hah! I was excited when I got my first 1,000 back in January and I even almost quit mining SLR at that point, but I just wasn't interested in mining anything else.

[Epiphany]

It also could have been someone buying a contract for 200 MHs and they fat fingered it and put 2 in the box instead of 0.2. I did that once. I intended to purchase 50 MHs and instead of putting 0.05 in I put 0.5. My bitcoin was half gone before I realized what I did!