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Author Topic: [ANN][RIC] Riecoin: constellations POW *CPU* HARD FORK successful, world record  (Read 660083 times)
luckygenough56
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February 12, 2014, 12:37:34 PM
 #1101

selling 50000 Rie
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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maxsolnc
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February 12, 2014, 12:39:36 PM
 #1102

selling 50000 Rie

what  Shocked ? did you make a mistake by zero or two? If my math is correct, there is near 36k-40k RIC in existence just now.

DTC: DMcKNp47fNtgM7sritK9GfJEQ1DzME5nwk
BTC: 1FgUGra685ZwkrX5VnRvfaYp4bHJhC7x4H
vinceste
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February 12, 2014, 12:42:38 PM
 #1103

selling 50000 Rie

what  Shocked ? did you make a mistake by zero or two? If my math is correct, there is near 36k-40k RIC in existence just now.

so he is bullshitting?
user1922
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February 12, 2014, 12:42:48 PM
 #1104

* user1922 points to his previous post....
kbhutto
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February 12, 2014, 01:01:28 PM
 #1105

We need a pooooool!

MoozicoreWORLDS FIRST MUSIC STREAMING SERVICE ON BLOCKCHAIN
 
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stompix
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February 12, 2014, 01:03:58 PM
 #1106

selling 50000 Rie

what  Shocked ? did you make a mistake by zero or two? If my math is correct, there is near 36k-40k RIC in existence just now.

so he is bullshitting?

no , he is just trolling , and man he did a good job.

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February 12, 2014, 01:05:03 PM
 #1107

Selling 7000 RIC PM with offers
omg man, could you please tell us what hardware did you use to mine it? 100.000 cores? Smiley

7000 RIC = 140 blocks (50 ric worth), or maybe 300-500 blocks if to count in small reward. WAIT... OH SHI~

probably mined with diff 0.00025

diff is everything


btw, what is the diff now?

Thats what most people are complaining about - there was no 0.x diff with the associated instamine.

Starting diff was 304, current diff is 785.  It was around 600 when the first blocks with coins started getting mined.

exactly - personally I like this point during the launch, but it's interesting to me what h\w is needed to get this number of RIC

Botnet or a possible working gpu miner.

CryptoBeggar
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February 12, 2014, 01:05:33 PM
 #1108

I don't think pool is going to help miners bellow 100 and soon 1000 cores. Also, we need to establish whether there are people gpu mining, because that might render anything else useless.

First MasterCoin protocol transaction -> https://bitcointalk.org/index.php?topic=265488.msg2940318#msg2940318; please refer to thread disclosed for more information
Aboroth
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February 12, 2014, 01:13:33 PM
 #1109

There still isn't a GPU miner for Primecoin, even though people have been expecting one for a long time now. Something to do with the algorithm, and how some things need to be on the CPU, and splitting the work with the GPU is very inefficient.

I haven't looked into the algorithm for Riecoin at all and I'm sure it is significantly different but I wonder if it has a similar issue.
bit0x
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February 12, 2014, 01:15:46 PM
 #1110

WTB 10000 RIC = 1 BTC

bidji29
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February 12, 2014, 01:17:53 PM
 #1111

Riecoin algo is totally custom. there is nothing like it.
So like Primecoin, there will be no GPU miner for a very long time.

http://www.freebieservers.com/  100% FREE GAME SERVERS
Gwynbleidd
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February 12, 2014, 01:29:07 PM
 #1112

How to start mining this on windows? And how to get this damn wallet to sync? I've added all notes from web and still doesn't sync!
kikeda
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February 12, 2014, 01:30:39 PM
 #1113

I reckon the coin is not distributed evenly, probably 3-5 individuals got around 50% of the current coin circulation. We need that pool badly, been running my 32cores since launch and its still at 0.
CryptoBeggar
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February 12, 2014, 01:37:33 PM
 #1114

Even the pools wont solve the uneven distribution. BTW - is XPM difficulty dropping since this launch, anyone checked?

First MasterCoin protocol transaction -> https://bitcointalk.org/index.php?topic=265488.msg2940318#msg2940318; please refer to thread disclosed for more information
MisO69
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February 12, 2014, 01:45:41 PM
 #1115

I reckon the coin is not distributed evenly, probably 3-5 individuals got around 50% of the current coin circulation. We need that pool badly, been running my 32cores since launch and its still at 0.

I have been running 280 cores since the windows wallet. Found 5 blocks up until about 8 hours after launch and nothing since. I think botnets, server farms and amazon instances have taken over now.



CryptoBeggar
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February 12, 2014, 01:49:19 PM
 #1116

Barely got somewhat above 20 blocks, but now nothing for hours with ~2000 (albeit a bit smaller) cores. This coin wont get evenly distributed, but might still have a future due to its nature...

But certainly this is not a community coin like DOGE or WDC and to some degree even XPM.

Anyway it is much better than that ploy of MAX Keiser...

First MasterCoin protocol transaction -> https://bitcointalk.org/index.php?topic=265488.msg2940318#msg2940318; please refer to thread disclosed for more information
CSM00
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February 12, 2014, 01:52:02 PM
 #1117

I reckon the coin is not distributed evenly, probably 3-5 individuals got around 50% of the current coin circulation. We need that pool badly, been running my 32cores since launch and its still at 0.

Even distribution of any coin is a myth.  You get back what you put into it and there arent any coins these days that only a handful of people mine early.  

The main issue with RIC distribution so far would seem to be the high amount of variance since the diff started somewhat close to target and there havent been that many blocks mined.

A pool would help and is needed so that pretty much anyone outside of botnets will continue to mine, but wont solve the "Ive been mining since release on my 10 year old budget laptop and havent gotten anything - FAIL!"  issue.

Pretty much only a time machine will do that.
paulus51
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February 12, 2014, 02:05:45 PM
 #1118

fairly distributed they say ? mining for over 12 ours straigh all i get is Accepted 0 in XXX seconds !!!

if i could count all accepted 0 it would be awsome !  Cheesy Wink


all arround 68980 khash/s
cad_cdn
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February 12, 2014, 02:21:25 PM
 #1119

mined all night on this, not a single coin. done.


I wanted to whole hardheartedly support this coin, but a lack of posts from the dev, the utterly crazy diff, and the lack of pool software has killed this coin before it got started.

GL with it, but I doubt it will go anywhere now


Yeah, I'm about to give up too. It's just MaxCoin v2.o -- Why release something when you've yet to have it all prepared. People much rather wait an additional week to have the coin prepared, fair, and the devs not as busy.
luckygenough56
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February 12, 2014, 02:22:13 PM
 #1120

Cpu coins are crap. Hyped shit coins. Let's pump wiki.
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