TheMightyX
Sr. Member
 Offline
Activity: 350
Merit: 250
Vires in Numeris
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February 19, 2014, 05:33:08 AM |
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No need to premine when you are the only pool available and you take 1% of all coins.
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Effective 1% Premine
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cryptohunter
Legendary
Offline
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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February 19, 2014, 05:33:18 AM |
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the diff retarget is actually very interesting and rather clever.
the minting must go on for a long time.
the first halving is 300k blocks at 4 mins.... that is quite a period of time.
thing is this is not a get rich quick coin that is for sure, the instamining simply can't happen.
250 BILLION.. that isn't a typo right? we are used to seeing block rewards of 1million for that kind of minting not 9 coins per block....
Interesting to see how this works out.
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mechx
Newbie
Offline
Activity: 43
Merit: 0
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February 19, 2014, 05:34:15 AM |
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Everyone close your miners, the lack of information after launch from this pool is worrisome and appears to be using hash rate for other purpose.
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cryptohunter
Legendary
Offline
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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February 19, 2014, 05:34:24 AM |
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Payout if a block were found NOW - 0 SYN Yep, I've been mining on the official p2p pool around 15mins, have received 0 coins. It's not paying out. On my cgwatcher, shows I've found 6 blocks. well considering it takes 40 confirms and it confirms slowly here. |
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vesperwillow
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February 19, 2014, 05:34:47 AM |
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the diff retarget is actually very interesting and rather clever.
the minting must go on for a long time.
the first halving is 300k blocks at 4 mins.... that is quite a period of time.
thing is this is not a get rich quick coin that is for sure, the instamining simply can't happen.
250 BILLION.. that isn't a typo right? we are used to seeing block rewards of 1million for that kind of minting not 9 coins per block....
Interesting to see how this works out.
I was excited about it for all of those reasons, a true long term coin. But something is holding back the source. Could be legit reasons.. maybe using their pool as a test bed.. |
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vesperwillow
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February 19, 2014, 05:35:18 AM |
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Everyone close your miners, the lack of information after launch from this pool is worrisome and appears to be using hash rate for other purpose.
Everyone should check the hash rate of other coins right now.. if there's any truth to this |
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Tuck Fheman
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February 19, 2014, 05:35:37 AM |
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250 BILLION.. that isn't a typo right? we are used to seeing block rewards of 1million for that kind of minting not 9 coins per block....
Interesting to see how this works out.
yeah, there is that. |
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whisper
Sr. Member
Offline
Activity: 267
Merit: 250
Learn to go against your mind
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February 19, 2014, 05:36:38 AM |
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Payout if a block were found NOW - 0 SYN Yep, I've been mining on the official p2p pool around 15mins, have received 0 coins. It's not paying out. On my cgwatcher, shows I've found 6 blocks. Have find 20 block already and still nothing too  |
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oranges411
Member
Offline
Activity: 110
Merit: 10
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February 19, 2014, 05:37:38 AM |
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I liked the idea a alot, but it looks like another scam/coingen coin.
The "dev" claimed to need a nap a half hour before launch.
No "devs" show up at launch time (or anytime since then) in their own IRC room. They just vanish
No coordination with pool operators near time of launch.
And well everyone else here has said everything else.
Another one in the trash.
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tjc
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February 19, 2014, 05:38:34 AM |
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Payout if a block were found NOW - 0 SYN Yep, I've been mining on the official p2p pool around 15mins, have received 0 coins. It's not paying out. On my cgwatcher, shows I've found 6 blocks. Have find 20 block already and still nothing too Never did p2pool before. All I am getting in cgminer is Stratum from pool 0 requested work restart no accepted shares What should I be seeing? |
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hadi
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February 19, 2014, 05:39:13 AM |
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how do i know if i have P2P set up right? should i see coins in my wallet yet? i set url to http://pool.synco.in:33550/and user id to my wallet addresss... thats it right? cgminer --scrypt -o pool.synco.in:33550 -u YourWalletAddress -p x cgminer --scrypt -o pool.synco.in:33550 -u YourWalletAddress -p x or cgminer --scrypt -o stratum+tcp:// pool.synco.in:33550 -u YourWalletAddress -p x  ? |
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vesperwillow
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February 19, 2014, 05:39:54 AM |
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Who the hell would stay up all sorts of hours for a launch, and then sleep just before?
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cryptohunter
Legendary
Offline
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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February 19, 2014, 05:40:14 AM |
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the diff retarget is actually very interesting and rather clever.
the minting must go on for a long time.
the first halving is 300k blocks at 4 mins.... that is quite a period of time.
thing is this is not a get rich quick coin that is for sure, the instamining simply can't happen.
250 BILLION.. that isn't a typo right? we are used to seeing block rewards of 1million for that kind of minting not 9 coins per block....
Interesting to see how this works out.
I was excited about it for all of those reasons, a true long term coin. But something is holding back the source. Could be legit reasons.. maybe using their pool as a test bed.. well who knows, i mean sure don't give the pools the source before the qt because we have seen how that works out. however weird no source given out yet. i have a few blocks mined now, all are 9.9 or 9.8 so only tiny amounts. Imagine how many you would need for a doge 1Million block and doge only has 100B initial minting this has 250B |
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vesperwillow
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February 19, 2014, 05:41:09 AM |
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40+min overdue, I'll check this tomorrow sometime. Not worth my time. Making actual BTC elsewhere anyhow.
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negamus
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February 19, 2014, 05:42:12 AM |
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Payout if a block were found NOW - 0 SYN Yep, I've been mining on the official p2p pool around 15mins, have received 0 coins. It's not paying out. On my cgwatcher, shows I've found 6 blocks. well considering it takes 40 confirms and it confirms slowly here. I have coins that have been confirmed already. I haven't really used p2p pools before though, but the diff on cgminer shows 17.5T and on my solo miners shows diff 1. That's not looking at the indiv diff above the net pool diff. |
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oranges411
Member
Offline
Activity: 110
Merit: 10
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February 19, 2014, 05:42:57 AM |
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Who the hell would stay up all sorts of hours for a launch, and then sleep just before?
Exactly when I started to have serious doubts. A nap before launch, what a joke. |
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tjc
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February 19, 2014, 05:43:36 AM |
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Payout if a block were found NOW - 0 SYN Yep, I've been mining on the official p2p pool around 15mins, have received 0 coins. It's not paying out. On my cgwatcher, shows I've found 6 blocks. Have find 20 block already and still nothing too Never did p2pool before. All I am getting in cgminer is Stratum from pool 0 requested work restart no accepted shares What should I be seeing? Never-mind, finding blocks now. |
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TimFChavez
Member
Offline
Activity: 98
Merit: 10
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February 19, 2014, 05:44:09 AM |
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cgminer --scrypt -o pool.synco.in:33550 -u YourWalletAddress -p x or cgminer --scrypt -o stratum+tcp:// pool.synco.in:33550 -u YourWalletAddress -p x ? Their website say this.... Want to mine some SynCoin with us? The process is simple; simply point your miner at http://synthase.violates.us:33550 -- Your username is your address, and your password can be anything (I like to use a simple 'x'). |
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theeevilmunkey
Newbie
Offline
Activity: 42
Merit: 0
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February 19, 2014, 05:44:58 AM |
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Worst.. Launch... Ever....
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Tuck Fheman
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February 19, 2014, 05:45:46 AM |
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i have a few blocks mined now, all are 9.9 or 9.8 so only tiny amounts.
You soloing? |
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