[ANN][LEAF] LEAFCOIN - Android wallet launched

[sakkosekk]

So what happened to updamoon pool ?

I am monitoring this for 1 hour now and am getting half of what my LEAF Estimates p. Round are. Also the operator removed the total earnings transactions bar. I advice all miners to change the UPDAMOON pool ASAP until the operator proves he is not scamming us.

Are you following the calculations on the pools website or have you done the math yourself? Updamoon was/is under ddos, he updated in this thread not long ago.

Please provide some more substantial "proof" before you even mention the word scam, you are after all making the claim here

do you mine on updamoon pool ?

I did before it got more than 50% of the network and I switched to majorminers. All my coins are accounted for It's likely the problems you guys are experiencing are due to the ddos.

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[C3ALL]

Yeah but the ROI would be swift.

Just as swift as with 1 card.  It all scales down (and up).  Just depends on the appetite for risk.  Is the ROI going to be complete before asics are out? is it the right coin to mine out of the dozens available and hoping to become big?

Is there a large enough buy market for that number of coins right now?  I could sell my circa 10M today probably with a little effort and make a pretty decent return, could I sell 100/200 million?  Probably impossible I would say.  So they have to hope the coin succeeds, or need to find a way of dumping large volumes regularly.  If that happens, it kills the coin in the early stages and they are left with a $130k rig thats mined a load of nothing.

Upsides and downsides to each strategy, but with that kind of hash power on a new coin, they are certainly taking a risk.  WOuldnt surprise me if they stuck around until block halving, then mined something else like doge or another coin where they can make a steady investment return until another early coin comes along and they want to take a few days risk on that.  Do I want to throw that kind of money (if they are gpu miners) at crypto as its not my day job, not really.  Ive probably invested £2-3k in miners and electricity so far since December.  If that goes down the pan, Im not bothered.  If ID invested close to £100k and that went down the pan before ROI was achieved, I'd be a bit annoyed.  So just depends on the appetite for risk, and if they are using GPU mining or whether they have got asics - then its a whole different ball game.

[def_ender]

If you haven't seen - there is an exchange for your coin:
https://freshmarket.co.in/index.php?page=trade&market=121

[Last1212]

Actually, Leafs are x21 times less than TIPs, then the price should be around 0.0000003 BTC. But market will choose real price.
https://www.coinmarket.io/market/LEAFBTC

[Sancho]

Yeah but the ROI would be swift.

Just as swift as with 1 card.  It all scales down (and up).  Just depends on the appetite for risk.  Is the ROI going to be complete before asics are out? is it the right coin to mine out of the dozens available and hoping to become big?

Is there a large enough buy market for that number of coins right now?  I could sell my circa 10M today probably with a little effort and make a pretty decent return, could I sell 100/200 million?  Probably impossible I would say.  So they have to hope the coin succeeds, or need to find a way of dumping large volumes regularly.  If that happens, it kills the coin in the early stages and they are left with a $130k rig thats mined a load of nothing.

Upsides and downsides to each strategy, but with that kind of hash power on a new coin, they are certainly taking a risk.  WOuldnt surprise me if they stuck around until block halving, then mined something else like doge or another coin where they can make a steady investment return until another early coin comes along and they want to take a few days risk on that.  Do I want to throw that kind of money (if they are gpu miners) at crypto as its not my day job, not really.  Ive probably invested £2-3k in miners and electricity so far since December.  If that goes down the pan, Im not bothered.  If ID invested close to £100k and that went down the pan before ROI was achieved, I'd be a bit annoyed.  So just depends on the appetite for risk, and if they are using GPU mining or whether they have got asics - then its a whole different ball game.

Yes, would take the same amount of time to ROI but not everyone has the money to buy that many cards outright and once the ROI is secured, the payout is monumental.

[Equate]

Actually, Leafs are x21 times less than TIPs, then the price should be around 0.0000003 BTC. But market will choose real price.
https://www.coinmarket.io/market/LEAFBTC

when the block value gets reduced then the price will rise.

[Giggety]

Hmm thought more like earthcoin.

Sold first day at 800 now hovering in 200 range.

Leaf should get at least 100...

Depending on the difficulty

[zmhaha]

So what happened to updamoon pool ?

IMPORTANT FOR UPDAMOON MINERS

I am monitoring this for 1 hour now and am getting half of what my LEAF Estimates p. Round are. Also the operator removed the total earnings transactions bar. I advice all miners to change the UPDAMOON pool ASAP until the operator proves he is not scamming us.

I have noticed that problems on basically all the pools I am using, not just LEAF. but just not that much, usually 10%-20% less but never more. I guess 1 hour is really not enough to make that claim. Do 1 day at least for a large pool relative to the network hash rate.
Any since LEAF also use the random block reward as doge, so do expect some inconsistency.

I really don't mind pool operators charge a higher fee but be completely honest about the payout. Just don't cheat!

[Equate]

Hmm thought more like earthcoin.

Sold first day at 800 now hovering in 200 range.

Leaf should get at least 100...

Depending on the difficulty

Earthcoin has no comparison with Leafcoin.

[Last1212]

Actually, Leafs are x21 times less than TIPs, then the price should be around 0.0000003 BTC. But market will choose real price.
https://www.coinmarket.io/market/LEAFBTC

when the block value gets reduced then the price will rise.

Yeap, if not stuck on high diff with low hashrate. We need to protect coin from coinmarketcap, coinwarz and other such services. We don't need much attention now.

[Equate]

Actually, Leafs are x21 times less than TIPs, then the price should be around 0.0000003 BTC. But market will choose real price.
https://www.coinmarket.io/market/LEAFBTC

when the block value gets reduced then the price will rise.

Yeap, if not stuck on high diff with low hashrate

who knows when it goes to the mooooooon.

[Fastpow]

Yeah, we just need more support on the buying side :p

[Giggety]

Hmm thought more like earthcoin.

Sold first day at 800 now hovering in 200 range.

Leaf should get at least 100...

Depending on the difficulty

Earthcoin has no comparison with Leafcoin.

Double the coins.

[hash.so]

        Some people complained about pools so I created a new one, run by the same awesome staff that runs https://smc.hash.so/


https://leaf.hash.so/

* 0% pool fee!
* Super fast servers
* vardiff
* Default MPOS layout, the one you know well (efficient!), Internals have been optimized to make it faster!
* stratum on port 80 and 443, which helps if you are behind a firewall
* PPLNS
* Fast servers
* Professional server admin (no downtime)


Same user/pass/workers work for all of our pools!

Point your miners at:
stratum+tcp://pool-eu.hash.so:1337/
stratum+tcp://pool-us.hash.so:1337/
(or port 80/443 if you are behind a firewall)

And switch the coin from the frontend. It's very nice, you will like it

Pool support thread here

[Equate]

Hmm thought more like earthcoin.

Sold first day at 800 now hovering in 200 range.

Leaf should get at least 100...

Depending on the difficulty

Earthcoin has no comparison with Leafcoin.

Double the coins.

what about premine ?

[sakkosekk]

So what happened to updamoon pool ?

IMPORTANT FOR UPDAMOON MINERS

I am monitoring this for 1 hour now and am getting half of what my LEAF Estimates p. Round are. Also the operator removed the total earnings transactions bar. I advice all miners to change the UPDAMOON pool ASAP until the operator proves he is not scamming us.

I have noticed that problems on basically all the pools I am using, not just LEAF. but just not that much, usually 10%-20% less but never more. I guess 1 hour is really not enough to make that claim. Do 1 day at least for a large pool relative to the network hash rate.
Any since LEAF also use the random block reward as doge, so do expect some inconsistency.

I really don't mind pool operators charge a higher fee but be completely honest about the payout. Just don't cheat!

Do the math yourself to be sure. Maybe you did, just ignore this if so The estimates on the pool varies throughout the day(diff adjustment, net hashrate rising, etc) It does not show the real profit, it is just an estimate.

[johnngbluntzky]

eac's dev premine was huge, given they had the full premine instantly, and didn't do much with them..  while the rest of the coins had yet to be mined, which still won't be for a long while, if ever. they even asked for donations for a "save the rainforest trip" or something.. which seemed very bogus. premine's suck, unless they're used right. Leafcoin dev, mcg if i remember right.. you doin a good job.

[barryzand]

Hi... i want to mine this one... but i dont want on one off the smaller pools man... thats 3-20 against 500-800 workers.... that aint working for me... dont want to wait a whole day for 1 block...

[Equate]

eac's dev premine was huge, given they had the full premine instantly, while the rest of the coins had yet to be mined, which still won't be for a long while, if ever. premine's suck, unless they're used right. Leafcoin dev, mcg if i remember right.. you doin a good job.

exactly

[taher]

does somebody have invitation for https://leaf.updamoon.com or http://leaf.majorminer.co.uk I need invitation badly please... help me out