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Author Topic: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland  (Read 492952 times)
andyatcrux
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February 18, 2014, 05:37:16 AM
 #421

what happened? suddenly network hashrate jumped up to 850 from 350?

It is now on exchange, that is what happened.
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molecular
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February 18, 2014, 07:52:34 AM
 #422

For the Airdrop to be a success, the coin has to have a price so that people see the upside in claiming it. So it is good to see the coin traded.

I agree it's not premature. The coin needs a price. In fact I think it would be great if we had more than one exchange.

Unfortunately we will not be able to reach satisfying levels of liquidity before the airdrop, because there are just comparativle few coins until then.

I'm really looking forward to the airdrop. It's so exciting.

Honestly don't know what will happen: some Icelanders will sell, some will hoard, some will buy, some will use the coin in the local/global economy for buying/selling stuff. The ratios between these largely decides the price and the success of the coin.

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February 18, 2014, 07:53:27 AM
 #423

What do people think about it now being on Crypto Rush?

To be honest I aint that happy, feels alittle premature if im honest  Huh

Personally I do not have any experience with Crypto Rush. Just signed up with them and going to have a look at it. For now, it looks a bit immature to me though.
On the other hand it is a start to get an idea for a first valuation of AUR. One just can't really rely to much on just this one (small) exchange. I'd rather see some of the big ones (like Cryptsy) get in on it.

Incidentally the price that has crystallized is pretty close to what people were trading at through the forums before.

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February 18, 2014, 08:02:00 AM
 #424

for those interested here are some usage stats of http://blockexplorer.auroracoin.eu



Most relevant is probably the visit count (yellow).

Ignore 2/18, of course, that's still growing

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Trinibits
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February 18, 2014, 08:43:45 AM
 #425

Nice one Moleculer thanks for the info and view bruv. Its very helpful. Had abit of a shock when I saw how much I earned this morning tho, in 12hrs, 27 coins hashing at 12mh/s. Mining getting difficult but it aint stopping me lol
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February 18, 2014, 09:48:30 AM
 #426

Going pretty smooth, tnx! Difficulty is starting to kick in tough Undecided, I just might put my other 15 rigs in for the battle  Grin

Hows it goin LTEX? Im the annoymous one below u on the pool lol

A fool will just look at the finger, even if it points to paradise!
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February 18, 2014, 11:17:55 AM
 #427

What do people think about it now being on Crypto Rush?

To be honest I aint that happy, feels alittle premature if im honest  Huh

Personally I do not have any experience with Crypto Rush. Just signed up with them and going to have a look at it. For now, it looks a bit immature to me though.
On the other hand it is a start to get an idea for a first valuation of AUR. One just can't really rely to much on just this one (small) exchange. I'd rather see some of the big ones (like Cryptsy) get in on it.

Incidentally the price that has crystallized is pretty close to what people were trading at through the forums before.


Just put up my first buy order 1 LTC = 20 AUR  Grin, lets see how that goes Shocked

A fool will just look at the finger, even if it points to paradise!
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February 18, 2014, 11:26:52 AM
 #428

I like the idea. Iceland is technologically advanced enough for almost the whole population to be able understand the gift and its potential. A similar global project would fail.
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February 18, 2014, 11:44:59 AM
 #429

Going pretty smooth, tnx! Difficulty is starting to kick in tough Undecided, I just might put my other 15 rigs in for the battle  Grin

Hows it goin LTEX? Im the annoymous one below u on the pool lol

Its very tough now mate I see you've pointed more rigs now to it. Dnt blame I would if I had more  Wink Wink
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February 18, 2014, 12:10:21 PM
 #430

New exchange to launch soon for the underdogs Shocked So I am going to vote for us to be added https://bitcointalk.org/index.php?topic=471779.0

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February 18, 2014, 12:54:46 PM
 #431

Lets try to get some action going in the mineabit pool:

***
Mine-a-Bit: http://aur.pool.mineabit.com/
0% Pool Fee / 0.01 AUR tx fee / VarDiff

Excellent for "lower" hashrate miners, and why not for higher hashrates too, compare to pool with 1% pool fee and 0.1 AUR tx fee:
Lets say you set autopayout to 1 AUR.. you pay 0.01 AUR for the pool fees and 0.1 AUR tx fee; thats 0.11AUR taken from every payout.. 11% total fees! // with mineabit, this would be 0.01 AUR tx fee = 1%
With autopayout set to 5 AUR, that would do 0.15 AUR in fees from every payout.. 3% total fees! // with mineabit, the total fees are still 0.01 AUR, which would be 0.2%
***


Freicoin [FRC]: 1CPPYhvmVegTxmQVNk4QzUfqx5MUfMnjG5 (SHA-256'ing @ Joe's Pool) -  Datacoin [DTC]: DSbjvc8Y1Yqj277S4AKqQ6qkYcFocqBaTy - Bitcoin BTC: 137x97rjuPZv5VZF9NJWVCJsug6mPtMDFT -
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February 18, 2014, 01:11:13 PM
 #432

Going pretty smooth, tnx! Difficulty is starting to kick in tough Undecided, I just might put my other 15 rigs in for the battle  Grin

Hows it goin LTEX? Im the annoymous one below u on the pool lol

Its very tough now mate I see you've pointed more rigs now to it. Dnt blame I would if I had more  Wink Wink

It's atill going up and down with the Diff Huh My plan is to keep going at it with around 22Mhs until a couple of weeks after the airdrop. I am a firm believer of real commitment to well made decisions, so we'll see how it plays out Cool

A fool will just look at the finger, even if it points to paradise!
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February 18, 2014, 04:02:08 PM
 #433

Can we stay above 0.00500000 on cryptorush.in i think this coin would be nice for the people at iceland. So don't let it go under.
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February 18, 2014, 04:55:24 PM
 #434

Lets try to get some action going in the mineabit pool:

***
Mine-a-Bit: http://aur.pool.mineabit.com/
0% Pool Fee / 0.01 AUR tx fee / VarDiff

Excellent for "lower" hashrate miners, and why not for higher hashrates too, compare to pool with 1% pool fee and 0.1 AUR tx fee:
Lets say you set autopayout to 1 AUR.. you pay 0.01 AUR for the pool fees and 0.1 AUR tx fee; thats 0.11AUR taken from every payout.. 11% total fees! // with mineabit, this would be 0.01 AUR tx fee = 1%
With autopayout set to 5 AUR, that would do 0.15 AUR in fees from every payout.. 3% total fees! // with mineabit, the total fees are still 0.01 AUR, which would be 0.2%
***



I switched over for the lower fees but I'm concerned about how the worker diff adjustment is working.  After ~30 minutes I'm still at 128 diff.  Typically pools push my 1.7 mh/s to 400 - 512 or so.  Not completely sure how this impacts the pools overall performance but wanted to mention it.
Fabrizio
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February 18, 2014, 10:12:18 PM
 #435

Lets try to get some action going in the mineabit pool:

***
Mine-a-Bit: http://aur.pool.mineabit.com/
0% Pool Fee / 0.01 AUR tx fee / VarDiff

Excellent for "lower" hashrate miners, and why not for higher hashrates too, compare to pool with 1% pool fee and 0.1 AUR tx fee:
Lets say you set autopayout to 1 AUR.. you pay 0.01 AUR for the pool fees and 0.1 AUR tx fee; thats 0.11AUR taken from every payout.. 11% total fees! // with mineabit, this would be 0.01 AUR tx fee = 1%
With autopayout set to 5 AUR, that would do 0.15 AUR in fees from every payout.. 3% total fees! // with mineabit, the total fees are still 0.01 AUR, which would be 0.2%
***



I switched over for the lower fees but I'm concerned about how the worker diff adjustment is working.  After ~30 minutes I'm still at 128 diff.  Typically pools push my 1.7 mh/s to 400 - 512 or so.  Not completely sure how this impacts the pools overall performance but wanted to mention it.

Relayed the comment to the admin, he'll go through and optimize the settings. While this has pretty much no impact on the server, users from other continents might see a little slower hashrates than with with servers located more close.
Nice to see ye join the pool too btw! Smiley

To attract some more miners to get them blocks rollinn in steady, I'll pledge the coins I've mined so far for a giveway!
22 AUR to be drawn between two lucky miners (12 for the first, 10 for the second) on the pool! Names will be drawn before the weekend, but could be sooner too Wink Get yer miners in today! Smiley

Freicoin [FRC]: 1CPPYhvmVegTxmQVNk4QzUfqx5MUfMnjG5 (SHA-256'ing @ Joe's Pool) -  Datacoin [DTC]: DSbjvc8Y1Yqj277S4AKqQ6qkYcFocqBaTy - Bitcoin BTC: 137x97rjuPZv5VZF9NJWVCJsug6mPtMDFT -
Jahno
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February 19, 2014, 01:30:13 AM
 #436

Finally got my rig set up, 750khash feels moderate enough to mine with  Cheesy

Also we should get it on cryptsy! https://cryptsy.freshdesk.com/support/discussions/topics/76109
Tristmegistus
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February 19, 2014, 01:32:04 AM
 #437

if it looks like it looks so it looks like Iceland gonna be the first country to go crypto , ohhh well i might buy 38.1 to 
Yahhi
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February 19, 2014, 04:38:27 AM
 #438

Please vote for this coin to be added on MintPal exchange here: https://www.mintpal.com/voting
molecular
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February 19, 2014, 08:25:45 AM
 #439

Going pretty smooth, tnx! Difficulty is starting to kick in tough Undecided, I just might put my other 15 rigs in for the battle  Grin

Hows it goin LTEX? Im the annoymous one below u on the pool lol

Its very tough now mate I see you've pointed more rigs now to it. Dnt blame I would if I had more  Wink Wink

It's atill going up and down with the Diff Huh My plan is to keep going at it with around 22Mhs until a couple of weeks after the airdrop. I am a firm believer of real commitment to well made decisions, so we'll see how it plays out Cool

Good decision. I draw my hat! I'm also staying on Aur with the little hashpower I rented.

Oscillating difficulty can kill a coin as seen with namecoin. They were forced to switch to merged mining because of that effect.

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TotalPanda
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February 19, 2014, 09:58:55 AM
 #440

Aurora need kimoto gravity well  Roll Eyes
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