voytek
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Activity: 27
Merit: 0
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February 18, 2015, 07:48:01 PM |
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I'm no expert, but looks like difficulty got driven way high somehow and now noone's mining any more (no block since 6 hours)? some kind of attack?
.. or someone want more cheap coins, because stock depth is low and price can rise up x 10 anytime. Last stage airdrop and burn other coins soon? Wouldn't it be cheaper to just buy the coins at these prices rather than throw all that hashing at it? I don't think so, if someone mining before litecoin and have big hashing rate miners and want cheap coins before price pump? Look, airdrop soon ending, society create solutions for auroracoin. It make sense for me. |
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molecular
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Activity: 2772
Merit: 1019
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February 18, 2015, 09:45:31 PM |
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It doesn't look like anyone mined much, does it?
Just 2 blocks with high difficulty and no block since then (8.5 hours ago).
We're stuck now, I bet all the pools are hopping away because at such high difficulty and low price the coin isn't profitable to mine.
I don't understand how this continuous difficulty adjustment algorithm (forgot the name) is supposed to work, but it doesn't look like it works like it should: how can difficulty skyrocket like that?
Maybe some timing attack?
edit: sorry. based on wrong info from my blockexplorer which was crashed and had to catch up. seems another block was found 6 hours after the holdup:  sorry for making waves. difficulty is within normal limits again now. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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molecular
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Activity: 2772
Merit: 1019
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February 18, 2015, 09:54:54 PM |
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airdrop claims ticked up today to 20+ (average was around 5 since mid-january)
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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dinobotta
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February 18, 2015, 10:30:35 PM |
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Wow hashing up to 200 Gh/s for a few hrs, then back down again...
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"Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone". Satoshi Nakamoto
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molecular
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Activity: 2772
Merit: 1019
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February 19, 2015, 06:23:05 AM |
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there's only one coinbase transaction (the mining reward). The first one, 12.513 AUR. The other ones (12.5 AUR) are normal transactions, someone must be making these. Why? I don't know. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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rocanonz
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February 19, 2015, 07:52:42 AM |
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I'm amazed! Yesterday the auroracoin blockchain was run for 1 hour by 470GH/s machines. And another 4 hours by 50GH/s. You need to spend at least 500USD for such a nice hash rate. Now we know for sure that the code behind Auroracoin it's rock solid.
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avw1982
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February 19, 2015, 08:24:39 AM |
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A re-launch never worked out. Don't got the back in this one anymore.
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rocanonz
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February 19, 2015, 09:51:38 AM |
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A re-launch never worked out. Don't got the back in this one anymore.
Like all the cryptocoins this is a wonderful experiment. So far gone wrong on the price side. The code or the idea behind auroracoin is not to be blamed. But the greed of the people and the lack of information and too much enthusiasm on the developer side, about how a monetary system work and how people react to free money. Give it 10 years span of life time. Maybe this coin is here to stay. Maybe not  |
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newuser01
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February 19, 2015, 09:54:53 AM |
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I'm amazed! Yesterday the auroracoin blockchain was run for 1 hour by 470GH/s machines. And another 4 hours by 50GH/s. You need to spend at least 500USD for such a nice hash rate. Now we know for sure that the code behind Auroracoin it's rock solid.
lol this is gold |
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anticlimax
Legendary
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Activity: 1050
Merit: 1000
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February 19, 2015, 10:04:58 AM |
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This was a pump and dump.
You guys are beating a dead horse.
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twitter @antiiclimax
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rocanonz
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February 19, 2015, 10:09:09 AM |
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I'm amazed! Yesterday the auroracoin blockchain was run for 1 hour by 470GH/s machines. And another 4 hours by 50GH/s. You need to spend at least 500USD for such a nice hash rate. Now we know for sure that the code behind Auroracoin it's rock solid.
lol this is gold I don't know what it is, but it's better than nothing At least someone had some fun yesterday, running their huge mining farm for hours with 0.20USD return. |
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Bimmerhead
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Activity: 1291
Merit: 1000
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February 19, 2015, 03:11:33 PM |
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This was a pump and dump.
You guys are beating a dead horse.
Even if it was a pnd, and I'm not saying it was, that doesn't mean it must die. Because of auroracoin Iceland probably has a higher level of public awareness of cryptocurrency than any other nation. Sure it isn't all positive, but a lot of work was done just by the huge amount of free publicity that happened. There is something to build on there. Maybe. |
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dinobotta
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February 19, 2015, 04:16:35 PM |
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What makes me so interested in the future of this coin are the small simple comments I hear regarding the ISK, while on coffee break at work. I work in a workplace of 25 people, the average age here is 40-45 years, 70% female, aka the normal Icelandic housewife. From time to time there is something in the local news about the ISK or the banks. Then at coffee break here at work, people talk about the devaluation of the ISK, inflation, the banking situation, when will the currency controls be lifted, will they ever be lifted, etc. What usually follows these talks are questions like what can we do about the ISK? Is there nothing that can be done? NB. these questions are being asked and debated by the housewives at work, not people that control anything in the banking system, just the normal housewife. 11% of the population her in Iceland (35.000 people) fetched the initial 31,8 AUR and about 30.000 of them are still holding. (7.000 have 1-10 AUR, 20.000 have 10-100 AUR, 3.000 have 100-1000 AUR. https://bitinfocharts.com/top-100-richest-auroracoin-addresses.htmlNo one here really knows much about the Auroracoin project. They know its a cryptocoin, something like Bitcoin. They know it lost value soon after the initial launch, but they don't know the price of AUR. I think the people here want to see what this is all about, but there is no infrastructure here to use it. And I think they just really want a new currency, that is not controlled by politicians or bankers. |
"Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone". Satoshi Nakamoto
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molecular
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Activity: 2772
Merit: 1019
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February 19, 2015, 05:35:50 PM |
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This was a pump and dump.
You guys are beating a dead horse.
Looking at the tape I can hardly see any pump or dump. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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steveturk
Member
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Activity: 84
Merit: 10
works at NaSCasino.com
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February 19, 2015, 05:38:00 PM |
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This was a pump and dump.
You guys are beating a dead horse.
Looking at the tape I can hardly see any pump or dump. it was more of a "pu-dump" |
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Bimmerhead
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Activity: 1291
Merit: 1000
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February 20, 2015, 01:53:03 PM |
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Youghoor
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February 20, 2015, 02:11:44 PM |
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This was a pump and dump.
You guys are beating a dead horse.
Looking at the tape I can hardly see any pump or dump. it was more of a "pu-dump" That pu-dump is always occurs at this time. |
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voytek
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Activity: 27
Merit: 0
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February 22, 2015, 08:45:05 PM |
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rocanonz
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February 25, 2015, 03:47:29 PM |
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Hi guys!
Does anybody know something, anything about the Auroracoin Foundation?
How about the ISK-AUR exchange?
The earth is spinning with 1675 km/h but the auroracoin virtual block chain is stand and still for 10hours already.
What can we do? I burned my spared voodoo puppet, long time ago. No prayers, no magic left around?
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