[ANN][MAX] MAXcoin - PoW, ASIC Resistance, Keccak GPU Mining

[stompix]

maxpay is coming!

MaxPay will allow merchants to accept Maxcoin from their customers via a MaxPay gateway, and allow merchants to instantaneously convert their Maxcoins to fiat currency. This approach will be very similar to that of BitPay, which is now one of the largest payment processors of Bitcoin.

https://www.startjoin.com/MaxPayCash

Very, very cool.

No , it's not coming!

It's just a start-up project that might not even get 100$ in funding.

And it hasn't received any backers for the first week.

 



Thanks for your opinion, Mr. Positivity. You must be one of those 'glass half empty' types. If everyone was as cynical and nihilistic as you, nothing would ever get done.

Mister glass is always full , I've seen this kind of announces so often I can't treat any of them seriously.

First thing first:

1) Who's posting
Newbie with 4 posts , 3 begging for coins and this one out of the blue
2) The project itself , nothing professional in the description , more like a copy paste , and from the name and the way he writes looks like a indian "dev" from GAF.
3) Why it's a newbie announcing this and not somebody deep involved in it.

Think about the other big announces
1) Quark payments. Big announce nothing happened  you have to be pessimistic about this one too as it comes in the same situation (price drop/lost of interests).


Based on this I think that project it's a scam aim at gaining some money or donations from the max supporters and deliver a non working alpha beta zeta program.

[1714733008]

1714733008

[TheRealSteve]

Pools, hash rates and miners

pool 24h Ghash/s delta % % of network workers delta % rate/miner fee % payout      1gh 1,841.85 -3.61 82.2 - - 3 RBPPS      CoinedPool 391.50 56.03 17.5 180 41.68 2.18 1 PPLNS      Mining Pool Hub 139.65 49.9 6.2 149 43.49 0.94 1 PROP      DwarfPool 341.68 61.88 15.3 - - 1 PPS      Iwakuang 5.08 15.93 0.2 10 6.58 0.49 1 PROP      Switchercoin 16.45 37.76 0.7 21 26.91 0.77 1 PPLNS      MaxCoin NZ 2.99 4.03 0.1 10 11.92 0.3 0 PROP      Suprnova 12.11 65.64 0.5 16 15.78 0.74 0 PROP      RocketPool 7.24 21.09 0.3 18 10.48 0.4 1      MinePit - - 1.5      HashFaster 0.02 60.18 0 19 24.01 0 1 PROP      MaxCoin Pool 0.00 0 0 - 0 - 2 PROP      total 2,758.56 10.41 123.1      network 2,240.04 -10.65      residual -518.52 -23.1

Pools not listed due to inactivity or ongoing errors: MineMaxCoin, HashFast, smalltimeminer, Mining4all, miningwith.us, nut2pools, Sytes, Netcode and minecrypto.net.
Block progression and luck

pool	7d hash rate	% of network	7d blocks	% of network	7d luck %	3d luck %	24h luck %
1gh	1,847,482.73	76.6	14,327.00	71.5	93.4	86.4	59.9
CoinedPool	261,285.07	10.8	1,192.00	6.0	54.9	56.8	53.6
Mining Pool Hub	108,614.54	1.6	776.00	3.9	86.0	89.2	82.1
DwarfPool	212,001.65	8.8	1,694.00	8.5	96.2	102.7	100.0
Iwakuang	3,145.05	0.1	0.00	0.0	0.0	0.0	0.0
Switchercoin	8,436.42	0.3	58.00	0.3	82.8	78.1	64.2
MaxCoin NZ	2,893.71	0.1	4.00	0.0	16.6	0.0	0.0
Suprnova	9,407.33	0.4	32.00	0.2	41.0	40.0	43.6
RocketPool	6,552.94	0.3	42.00	0.2	77.2	90.9	125.1
MinePit	0.00	0.0	0.00	0.0	0.0	0.0	0.0
HashFaster	13.92	0.0	41.00	0.2	35,451.9	43,636.3	53,354.1
MaxCoin Pool	38,676.68	1.6	0.00	0.0	0.0	0.0	0.0
residual			1,864.00	9.3

Higher hash rates (vertical axis) typically result in more blocks found (more dots along horizontal axis).
Density of dots is indicative of luck - closer together is greater luck, further apart is lower luck.
Luck is a ratio between % of blocks found and % of network hashrate claimed and should ideally hover around 100%.
Mining and pool takes (indicative, not authoritative)
The previous day, 2,970 blocks with an average reward of 48 MAX were found on the network for a total of 114,149.14 MAX distributed.
At an average network hash rate of 2,240,036Ghash/s, a miner having 1Ghash/s would have earned approximately 63.64469 MAX (minus pool fees),
that could be traded for BTC0.0081064244 ($4.13)

pool 24h blocks fee % MAX take BTC $USD      1gh 1,462 3 2,105.37 0.3 136.70      CoinedPool 278 1 133.45 0.0 8.70      Mining Pool Hub 152 1 72.96 0.0 4.70      DwarfPool 453 1 217.45 0.0 14.10      Iwakuang 0 1 0.00 0.0 0.00      Switchercoin 14 1 6.72 0.0 0.40      MaxCoin NZ 0 0 0.00 0.0 0.00      Suprnova 7 0 0.00 0.0 0.00      RocketPool 12 1 5.76 0.0 0.40      MinePit 0 1.5 0.00 0.0 0.00      HashFaster 14 1 6.72 0.0 0.40      MaxCoin Pool 0 2 0.00 0.0 0.00

Market cap: 21,030,821MAX | BTC2,679 | $1,365,519

1gh Top hash distribution profile

1gh top (Mhash/s) Top 10 Top 100 Total 449,206.53 1,194,543.42 Mean 44,920.65 11,945.43 Median 34,303.63 7,117.48 % of pool 24.4 64.9 % of network 20.1 53.3

Like these Stats Posts? Donate MaxCoin: mLGNNRupX7BRoENDQQBwfrMFetqQb4sZz3

[TheRealSteve]

^^^^^ So that's what happens when 1gh has a glitch - temporary exodus to other pools ^^^^^

[darkota]

^^^^^ So that's what happens when 1gh has a glitch - temporary exodus to other pools ^^^^^

It means 1gh has the ability to do a double spend and 51% attack on Maxcoin(i.e they can spend double more maxcoin than they have, and fork the maxcoin network to nothingness). This coin has no future.

[TheRealSteve]

^^^^^ So that's what happens when 1gh has a glitch - temporary exodus to other pools ^^^^^

It means 1gh has the ability to do a double spend and 51% attack on Maxcoin(i.e they can spend double more maxcoin than they have, and fork the maxcoin network to nothingness). This coin has no future.

No, the fact that they have more than 51% of the hashing power means that.

The temporary exodus means that miners are fickle creatures and can and will hop pools as soon as they smell something being off.. but then flock right back again to the pool that has served them best (be that actually the case, or psychological).

Just to address 1gh's > 50%, though.. they have that on many (all?) coins they offer pools for.  It's actually in their best interest not to abuse that power on any single coin, as they stand to lose more than they stand to gain.  It would be an unwise proposition at best.  While I understand people's concerns about any one actor having more than half the network hashing power behind it, those concerns are often misguided. ( don't make me a liar, 1gh )

[onliner]

maxpay is coming!

MaxPay will allow merchants to accept Maxcoin from their customers via a MaxPay gateway, and allow merchants to instantaneously convert their Maxcoins to fiat currency. This approach will be very similar to that of BitPay, which is now one of the largest payment processors of Bitcoin.


https://www.startjoin.com/MaxPayCash

Good news! Thanks.

[darkota]

maxpay is coming!

MaxPay will allow merchants to accept Maxcoin from their customers via a MaxPay gateway, and allow merchants to instantaneously convert their Maxcoins to fiat currency. This approach will be very similar to that of BitPay, which is now one of the largest payment processors of Bitcoin.


https://www.startjoin.com/MaxPayCash

Good news! Thanks.

https://www.startjoin.com/MaxPayCash, Not $1 in funding received so far. MAXCOIN IS DEAD

[MicroGuy]

maxpay is coming!

MaxPay will allow merchants to accept Maxcoin from their customers via a MaxPay gateway, and allow merchants to instantaneously convert their Maxcoins to fiat currency. This approach will be very similar to that of BitPay, which is now one of the largest payment processors of Bitcoin.


https://www.startjoin.com/MaxPayCash

Good news! Thanks.

https://www.startjoin.com/MaxPayCash, Not $1 in funding received so far. MAXCOIN IS DEAD

The only way this coin is going to die is if Max Keiser closes his Twitter account.

[krach]

https://www.startjoin.com/MaxPayCash, Not $1 in funding received so far. MAXCOIN IS DEAD

startjoin doesnt have a TON of traffic, yet.

The coin is fine, the only "celb" coin approved by the person that it is about. Murry, Colbert, Tak, Ron Paul, none of those coins have the person behind them. Go on another thread and talk about the darkcoin instamine or cinni instastake.

[MicroGuy]

Another thing I noticed is that just like BCX predicted, Keiser is firmly back on the Maxcoin bandwagon.

[Atrides]

^^^^^ So that's what happens when 1gh has a glitch - temporary exodus to other pools ^^^^^

It means 1gh has the ability to do a double spend and 51% attack on Maxcoin(i.e they can spend double more maxcoin than they have, and fork the maxcoin network to nothingness). This coin has no future.

No, the fact that they have more than 51% of the hashing power means that.

The temporary exodus means that miners are fickle creatures and can and will hop pools as soon as they smell something being off.. but then flock right back again to the pool that has served them best (be that actually the case, or psychological).

Just to address 1gh's > 50%, though.. they have that on many (all?) coins they offer pools for.  It's actually in their best interest not to abuse that power on any single coin, as they stand to lose more than they stand to gain.  It would be an unwise proposition at best.  While I understand people's concerns about any one actor having more than half the network hashing power behind it, those concerns are often misguided. ( don't make me a liar, 1gh )

this just meant, while gh's server was down, miners were automatically switched to failover servers on the other pools, and switched back when it was up again, nothing about service or sth else

[Alphi]

maxpay is coming!

MaxPay will allow merchants to accept Maxcoin from their customers via a MaxPay gateway, and allow merchants to instantaneously convert their Maxcoins to fiat currency. This approach will be very similar to that of BitPay, which is now one of the largest payment processors of Bitcoin.


https://www.startjoin.com/MaxPayCash

Good news! Thanks.

https://www.startjoin.com/MaxPayCash, Not $1 in funding received so far. MAXCOIN IS DEAD

this community is one of the greediest I have ever seen... I'm not surprised that nobody donated to get this project off the ground.
doesn't mean the coin is dead yet..   just dying a slow and painful death until someone breathes life into the community.....

[TheRealSteve]

this just meant, while gh's server was down, miners were automatically switched to failover servers on the other pools, and switched back when it was up again, nothing about service or sth else

Well you have to wonder why one pool is the primary, and another is the failover - and why miners, when faced with such an event (assuming they pay some attention to things), don't consider swapping them around.

[LiQio]

The only way this coin is going to die is if Max Keiser closes his Twitter account.

kill two birds with one stone - that would be awesome...

[Alphi]

this just meant, while gh's server was down, miners were automatically switched to failover servers on the other pools, and switched back when it was up again, nothing about service or sth else

Well you have to wonder why one pool is the primary, and another is the failover - and why miners, when faced with such an event (assuming they pay some attention to things), don't consider swapping them around.

a lot of miners aren't bag holders.. if you mine and dump then 51% attack is not your problem... it becomes the problem of the person buying and the exchanges.

[stompix]

maxpay is coming!

MaxPay will allow merchants to accept Maxcoin from their customers via a MaxPay gateway, and allow merchants to instantaneously convert their Maxcoins to fiat currency. This approach will be very similar to that of BitPay, which is now one of the largest payment processors of Bitcoin.


https://www.startjoin.com/MaxPayCash

Good news! Thanks.

https://www.startjoin.com/MaxPayCash, Not $1 in funding received so far. MAXCOIN IS DEAD

The only way this coin is going to die is if Max Keiser closes his Twitter account.

In theory the coin can't be killed if there is one adept still mining it with his computer and maintains a full node.
And even if he shuts down his gear and the coin is "dead" it will revive just as simple when another miner pics up the task.

So , even if Max closes his tweeter account the coin won't be dead.

But the hype has long gone and the people who were in for the quick $ are not looking back. Who are the rest? Max followers? I think lots of them have abandoned him just like he abandoned quark and then maxcoin.

The only left are bagholders , and their dreams of revival.

[Alphi]

Another thing I noticed is that just like BCX predicted, Keiser is firmly back on the Maxcoin bandwagon.

man that guy is on Crack....

Maxcoin is going to save the world lol

I'm waiting for Kaiser to get a Nobel Peace prize 

[TheRealSteve]

Pools, hash rates and miners

pool 24h Ghash/s delta % % of network workers delta % rate/miner fee % payout      1gh 1,745.13 -5.24 69.3 - - 3 RBPPS      CoinedPool 298.51 -23.71 11.9 140 -22.04 2.13 1 PPLNS      Mining Pool Hub 135.73 -2.84 5.4 137 -8.1 0.99 1 PROP      DwarfPool 306.24 -10.39 12.2 - - 1 PPS      Iwakuang 4.26 -16.2 0.2 11 2.11 0.4 1 PROP      Switchercoin 15.25 -7.36 0.6 20 -7.18 0.77 1 PPLNS      MaxCoin NZ 2.83 -5.26 0.1 10 0.7 0.29 0 PROP      Suprnova 10.07 -16.78 0.4 14 -16.25 0.74 0 PROP      RocketPool 6.76 -6.68 0.3 18 -1.93 0.38 1      MinePit - - 1.5      HashFaster 0.02 -20.64 0 18 -5.53 0 1 PROP      MaxCoin Pool 0.00 0 0 - 0 - 2 PROP      total 2,524.78 -8.46 100.2      network 2,518.86 12.42      residual -5.92 -0.2

Pools not listed due to inactivity or ongoing errors: MineMaxCoin, HashFast, smalltimeminer, Mining4all, miningwith.us, nut2pools, Sytes, Netcode and minecrypto.net.
Block progression and luck

pool	7d hash rate	% of network	7d blocks	% of network	7d luck %	3d luck %	24h luck %
1gh	1,867,902.12	75.6	14,126.00	70.5	93.3	85.9	98.2
CoinedPool	277,094.00	11.2	1,231.00	6.1	54.8	57.4	58.1
Mining Pool Hub	117,020.12	1.6	822.00	4.1	86.6	89.8	94.6
DwarfPool	235,571.77	9.5	1,835.00	9.2	96.1	97.5	92.2
Iwakuang	3,436.49	0.1	0.00	0.0	0.0	0.0	0.0
Switchercoin	10,207.05	0.4	67.00	0.3	81.0	77.4	80.8
MaxCoin NZ	2,874.22	0.1	3.00	0.0	12.9	0.0	0.0
Suprnova	9,736.40	0.4	37.00	0.2	46.9	43.0	61.1
RocketPool	6,553.03	0.3	41.00	0.2	77.2	93.0	52.1
MinePit	0.00	0.0	0.00	0.0	0.0	0.0	0.0
HashFaster	14.36	0.0	41.00	0.2	35,221.8	37,091.3	11,213.3
MaxCoin Pool	40,062.50	1.6	0.00	0.0	0.0	0.0	0.0
residual			1,826.00	9.1

Higher hash rates (vertical axis) typically result in more blocks found (more dots along horizontal axis).
Density of dots is indicative of luck - closer together is greater luck, further apart is lower luck.
Luck is a ratio between % of blocks found and % of network hashrate claimed and should ideally hover around 100%.
Mining and pool takes (indicative, not authoritative)
The previous day, 2,863 blocks with an average reward of 48 MAX were found on the network for a total of 126,005.22 MAX distributed.
At an average network hash rate of 2,518,861Ghash/s, a miner having 1Ghash/s would have earned approximately 54.56026 MAX (minus pool fees),
that could be traded for BTC0.0062460588 ($3.37)

pool 24h blocks fee % MAX take BTC $USD      1gh 1,948 3 2,805.24 0.3 173.40      CoinedPool 197 1 94.56 0.0 5.80      Mining Pool Hub 146 1 70.08 0.0 4.30      DwarfPool 321 1 154.09 0.0 9.50      Iwakuang 0 1 0.00 0.0 0.00      Switchercoin 14 1 6.72 0.0 0.40      MaxCoin NZ 0 0 0.00 0.0 0.00      Suprnova 7 0 0.00 0.0 0.00      RocketPool 4 1 1.92 0.0 0.10      MinePit 0 1.5 0.00 0.0 0.00      HashFaster 2 1 0.96 0.0 0.10      MaxCoin Pool 0 2 0.00 0.0 0.00

Market cap: 21,168,245MAX | BTC2,423 | $1,308,459

1gh Top hash distribution profile

1gh top (Mhash/s) Top 10 Top 100 Total 396,957.42 1,107,090.71 Mean 39,695.74 11,070.91 Median 34,927.26 6,860.71 % of pool 22.7 63.4 % of network 15.8 44

Like these Stats Posts? Donate MaxCoin: mLGNNRupX7BRoENDQQBwfrMFetqQb4sZz3

[Atrides]

this just meant, while gh's server was down, miners were automatically switched to failover servers on the other pools, and switched back when it was up again, nothing about service or sth else

Well you have to wonder why one pool is the primary, and another is the failover

with such an active "fan" on the thread, slandering and shitting all over the other pools, as well as with devs who didnt care about the concentration the whole hashrate in one hands, no I really dont wonder about why one pool is the primary

and why miners, when faced with such an event (assuming they pay some attention to things), don't consider swapping them around.

this happens automatically, miners didn't even noticed something wrong

[Alphi]

Ayn Rand would consider this a virtue...

perhaps he does deserve a Nobel Peace Prize.

If that's the case, then I think King Midas would disagree with Ayn Rand.

perhaps you should get rid of Stacy and marry Max yourself... then you could live together happily ever after.  

after all .. nothing should be able to get between you and your precious...