[ANN] AIRcoin

[CtrlAltDefeated]

wow you guys are awesome. Server is paid up until the 27th (26th for the guys over in the States) so I'll keep it running until then. Please keep your donations guys I'm not asking for handouts and I now feel terrible.

I'll set pool fee's at 0% for the rest of the week. Much love guys  

Just paying honor where honor is due...

I probably can't keep the miner there that long anyway (couple interesting coin launches coming up)

Hey no worries dude. I appreciate the thought

[1715074094]

1715074094

[1715074094]

1715074094

[1715074094]

1715074094

[1715074094]

1715074094

[Sprite160]

wow you guys are awesome. Server is paid up until the 27th (26th for the guys over in the States) so I'll keep it running until then. Please keep your donations guys I'm not asking for handouts and I now feel terrible.

I'll set pool fee's at 0% for the rest of the week. Much love guys  

Just paying honor where honor is due...

I probably can't keep the miner there that long anyway (couple interesting coin launches coming up)

Hey no worries dude. I appreciate the thought

All the best. I Know how pools can take up your time, and money. I know it does for me. Take care.

[flinchy]

Hey guys I've been mining at air.ctrlaltdefeated and this message just popped up so i figured i would let every one know about it. "Probably going to shut this pool down today instead of upgrading to the new wallet. If you guys would please start withdrawing your coins so that I don't need to manually pay everyone out it would be appreciated."

ffs seriously @ctrlaltdefeated ?

you suck!

Just signed up and started mining on Carbonshark and Cryptopool no problems and they have a lower hashrate so are good choices to spread the hash out more evenly.

I won't be using any ctrlaltdefeated pools again, it sounded like a hissy fit.

Wow thats a bit unwarranted. Both you guys have had 0 fee's for as long as the pool has been around. I've just started a second job and don't have time to maintain pools any longer. If one of the miners hadn't brought the wallet update to my attention I likely wouldn't have even known and we probably would have forked. Would you have preffered that happen instead? Air is the only one of my pools that has any hashrate at all and taking a look at my server cost it was fast becoming an expensive hobby. It should be noted that out of the 9 miners left on my pool only 5 of them are paying fee's and its been that way for weeks now. I'm not a bussiness and I cannot afford to run at a cost.

As far as a "mature" response goes, There's not a whole lot I can fit into that small message box that gets the point across and doesn't make me sound like an asshole.

Thanks for the appreciation though.

how is it expensive?.. firstly, i would have been happy to go 1% fee (which FYI i was donating for a while)

secondly, a pool this size being really expensive? i could run it off my spare laptop, let alone one of my PC's or rigs, easily....

and do you seriously not know you can put a full post on 'home' and say 'we're shutting down, read the post'

sad to hear you're having troubles though, i was really enjoying the general stability.. and you WERE a lot more active previously haha

[Mortimer452]

Hey guys I've been mining at air.ctrlaltdefeated and this message just popped up so i figured i would let every one know about it. "Probably going to shut this pool down today instead of upgrading to the new wallet. If you guys would please start withdrawing your coins so that I don't need to manually pay everyone out it would be appreciated."

ffs seriously @ctrlaltdefeated ?

you suck!

Just signed up and started mining on Carbonshark and Cryptopool no problems and they have a lower hashrate so are good choices to spread the hash out more evenly.

I won't be using any ctrlaltdefeated pools again, it sounded like a hissy fit.

Wow thats a bit unwarranted. Both you guys have had 0 fee's for as long as the pool has been around. I've just started a second job and don't have time to maintain pools any longer. If one of the miners hadn't brought the wallet update to my attention I likely wouldn't have even known and we probably would have forked. Would you have preffered that happen instead? Air is the only one of my pools that has any hashrate at all and taking a look at my server cost it was fast becoming an expensive hobby. It should be noted that out of the 9 miners left on my pool only 5 of them are paying fee's and its been that way for weeks now. I'm not a bussiness and I cannot afford to run at a cost.

As far as a "mature" response goes, There's not a whole lot I can fit into that small message box that gets the point across and doesn't make me sound like an asshole.

Thanks for the appreciation though.

how is it expensive?.. firstly, i would have been happy to go 1% fee (which FYI i was donating for a while)

secondly, a pool this size being really expensive? i could run it off my spare laptop, let alone one of my PC's or rigs, easily....

and do you seriously not know you can put a full post on 'home' and say 'we're shutting down, read the post'

sad to hear you're having troubles though, i was really enjoying the general stability.. and you WERE a lot more active previously haha

As another pool op I can attest, yes, it is expensive, both in time and money.

In terms of horsepower required, yes, you can run a single, not-too-busy pool from a decent PC or laptop running Ubuntu.  But this isn't really an option as most ISP's don't give you a dedicated IP address and generally aren't too keen on people hosting websites from their home internet connections.  Some do allow this, yes, but the upload speeds are usually pretty crummy and home DSL/cable connections generally are not super reliable.  Remember this isn't just some website with a few dozen visitors per day, this is a hosted service that people are expecting to be running 24/7.

So, the only real option to host mining pools is to rent a VPS or dedicated server somewhere.  Unless you get a really lucky break, you'll never make enough $$ from just a single pool to cover server costs, so you end up running several.  Some coins suck and are just a waste of server resources, no matter how many people are on the pool.

Your hosting provider only accepts $USD, not AIR or MEOW or whatever coin you're running on your pool, so you have to make withdrawals from your pool wallets regularly, exchange for BTC, then Coinbase it for $USD to pay your bills.

Then you have to answer support emails.  And haunt the forums making sure you're not missing any required wallet upgrades because a lot of coin devs don't notify anyone other than posting in their ANN thread.  And install those wallet upgrades.  And deal with dudes who don't understand why their block erupters aren't getting any shares on the AIRcoin pool.  And fix it when MPOS glitches out on autopayments.  And unlock people who forgot their password.  And unlock people who forgot their password.  And unlock people who forgot their password.  And unloc . . . <sigh>

Anyway, rant over.  It's a thankless job.  I cannot blame ctrlaltdefeated if he wants to get out of the biz.

[CtrlAltDefeated]

Hey guys I've been mining at air.ctrlaltdefeated and this message just popped up so i figured i would let every one know about it. "Probably going to shut this pool down today instead of upgrading to the new wallet. If you guys would please start withdrawing your coins so that I don't need to manually pay everyone out it would be appreciated."

ffs seriously @ctrlaltdefeated ?

you suck!

Just signed up and started mining on Carbonshark and Cryptopool no problems and they have a lower hashrate so are good choices to spread the hash out more evenly.

I won't be using any ctrlaltdefeated pools again, it sounded like a hissy fit.

Wow thats a bit unwarranted. Both you guys have had 0 fee's for as long as the pool has been around. I've just started a second job and don't have time to maintain pools any longer. If one of the miners hadn't brought the wallet update to my attention I likely wouldn't have even known and we probably would have forked. Would you have preffered that happen instead? Air is the only one of my pools that has any hashrate at all and taking a look at my server cost it was fast becoming an expensive hobby. It should be noted that out of the 9 miners left on my pool only 5 of them are paying fee's and its been that way for weeks now. I'm not a bussiness and I cannot afford to run at a cost.

As far as a "mature" response goes, There's not a whole lot I can fit into that small message box that gets the point across and doesn't make me sound like an asshole.

Thanks for the appreciation though.

how is it expensive?.. firstly, i would have been happy to go 1% fee (which FYI i was donating for a while)

secondly, a pool this size being really expensive? i could run it off my spare laptop, let alone one of my PC's or rigs, easily....

and do you seriously not know you can put a full post on 'home' and say 'we're shutting down, read the post'

sad to hear you're having troubles though, i was really enjoying the general stability.. and you WERE a lot more active previously haha

Unless you live in a minorty of suburbs the best domestic connection you get in Australia is 24/1 (and thats if you live next door to an exchange) 1Mbps upload isn't going to be stable no matter what size pool you run. A bussiness grade VDSL connection is several thousand a month for a symetrical 10/10 connections (still not ideal for running multiple pools).

Try finding me an Australian VPS under a few hundred a month. Then add to that DDOS protection and the cost of a domain (very mininmal I know but it adds up).

Add to this the time spent maintaining the pool (I work 2 jobs) and you'll find it's pretty easy to start running at a deficit. The pool has been running 30MH/s since I started it with an average of about 1 air per day in fee's. So My air pool earns me about 0.05 BTC a month. The server costs $250 a month with ddos protection adding a substantial amount ontop of that. I'm sorry but I'm not going to continue to work a second night shift job just so that I can do a largely thankless job.

If you believe its as easy as you think I challenge you to run your own server for a month and see if you aren't pulling your hair out at the end of it. I'm sorry you seem to feel that I owe you something but that's just not the case.

Truth of it is that alot of pool owners would barely be breaking even and they get virtually no thanks at all but when the shit hits the fan they have a mob of angry people after them.

[ISAWHIM]

I noticed an oddity in the block explorer...

Code:

24644	2014-03-21 05:12:09	7	18.18658015	22.662	2591660.8	20.5815	35.554	20.7499%
24643	2014-03-21 05:10:11	1	3.72           	22.633	2591657.08	20.5802	35.5526	20.751%
24642	2014-03-21 05:10:36	3	4.8530764   	22.548	2591653.36	20.5805	35.5529	20.7508%
24641	2014-03-21 05:10:12	1	3.72           	22.524	2591649.64	20.5802	35.5526	20.751%
24640	2014-03-21 05:10:17	1	3.72           	22.532	2591645.92	20.5803	35.5527	20.751%
24639	2014-03-21 05:06:59	3	16.61846048	22.596	2591642.2	20.5781	35.5504	20.7528%
24638	2014-03-21 05:01:52	5	11.86976141	22.595	2591638.48	20.5745	35.5468	20.7556%
24637	2014-03-21 05:00:47	1	3.72           	22.648	2591634.76	20.5738	35.5461	20.7562%
24636	2014-03-21 04:57:02	1	3.72           	22.644	2591631.04	20.5712	35.5435	20.7583%

To simplify that... (Reversed the order to reflect actual passing time. Top to bottom.)

Block 24637 found at 05:00:47
Block 24638 found at 05:01:52 (Ok, about 1 minute later, good luck)
Block 24639 found at 05:06:59 (Ok, about 4 minutes later, bad luck)
Block 24640 found at 05:10:17 (Ok, about 3 minutes later, bad luck still)
Block 24641 found at 05:10:12 (Um, -05 sec! That's fast, 24641 was found before 24640!)
Block 24642 found at 05:10:36 (Ok, about 24-19 sec later, great luck!)
Block 24643 found at 05:10:11 (Holy shit! -25 sec earlier! Even before block 24640!)

I thought the clocks demand forward-only time, rejecting times that are off-set improperly. Or does this ignore the seconds?

P.S. That's a hell of a lot of luck all at once. Not sure what impact negative values has on the gravity-well adjustments.

Another sample...

Code:

24657	2014-03-21 05:44:23	7	20.72150741	22.456	2591709.16	20.6035	35.5764	20.7321%
24656	2014-03-21 05:43:52	2	6.72081359	22.438	2591705.44	20.6031	35.576	20.7324%
24655	2014-03-21 05:43:15	1	3.72           	22.374	2591701.72	20.6028	35.5756	20.7327%
24654	2014-03-21 05:43:57	2	5.17492861	22.363	2591698     	20.6033	35.5761	20.7324%
24653	2014-03-21 05:41:23	7	45.9938255	22.413	2591694.28	20.6015	35.5743	20.7338%

[ISAWHIM]

Unless you live in a minorty of suburbs the best domestic connection you get in Australia is 24/1 (and thats if you live next door to an exchange) 1Mbps upload isn't going to be stable no matter what size pool you run. A bussiness grade VDSL connection is several thousand a month for a symetrical 10/10 connections (still not ideal for running multiple pools).

Try finding me an Australian VPS under a few hundred a month. Then add to that DDOS protection and the cost of a domain (very mininmal I know but it adds up).

Add to this the time spent maintaining the pool (I work 2 jobs) and you'll find it's pretty easy to start running at a deficit. The pool has been running 30MH/s since I started it with an average of about 1 air per day in fee's. So My air pool earns me about 0.05 BTC a month. The server costs $250 a month with ddos protection adding a substantial amount ontop of that. I'm sorry but I'm not going to continue to work a second night shift job just so that I can do a largely thankless job.

If you believe its as easy as you think I challenge you to run your own server for a month and see if you aren't pulling your hair out at the end of it. I'm sorry you seem to feel that I owe you something but that's just not the case.

Everyone can just mine right to my wallet, I will split everything equally. Easy, see! No shares needed!

Yea, many do not know what it actually takes to run a full service. I watched a few people try to do this from home, with "high speed" internet, and they all just fail miserably. (Even just trying to run a simple web-server. They don't realize downloading is fast, uploading is buffered to hell and limited. Not to mention the limited constant connections that are required.)

That is why I didn't hesitate to offer you coins. (I run web-hosting, so I know that game. Not from my house.)

[CtrlAltDefeated]

Unless you live in a minorty of suburbs the best domestic connection you get in Australia is 24/1 (and thats if you live next door to an exchange) 1Mbps upload isn't going to be stable no matter what size pool you run. A bussiness grade VDSL connection is several thousand a month for a symetrical 10/10 connections (still not ideal for running multiple pools).

Try finding me an Australian VPS under a few hundred a month. Then add to that DDOS protection and the cost of a domain (very mininmal I know but it adds up).

Add to this the time spent maintaining the pool (I work 2 jobs) and you'll find it's pretty easy to start running at a deficit. The pool has been running 30MH/s since I started it with an average of about 1 air per day in fee's. So My air pool earns me about 0.05 BTC a month. The server costs $250 a month with ddos protection adding a substantial amount ontop of that. I'm sorry but I'm not going to continue to work a second night shift job just so that I can do a largely thankless job.

If you believe its as easy as you think I challenge you to run your own server for a month and see if you aren't pulling your hair out at the end of it. I'm sorry you seem to feel that I owe you something but that's just not the case.

Everyone can just mine right to my wallet, I will split everything equally. Easy, see! No shares needed!

Yea, many do not know what it actually takes to run a full service. I watched a few people try to do this from home, with "high speed" internet, and they all just fail miserably. (Even just trying to run a simple web-server. They don't realize downloading is fast, uploading is buffered to hell and limited. Not to mention the limited constant connections that are required.)

That is why I didn't hesitate to offer you coins. (I run web-hosting, so I know that game. Not from my house.)

Yep. You would be lucky to even run something like a VOIP server on most home connection's without experiencing major upload bandwidth issues, let alone serveral stratum ports and MPOS frontend's that are constantly under attack from DDOS'ers

[the[K]id]

wow you guys are awesome. Server is paid up until the 27th (26th for the guys over in the States) so I'll keep it running until then. Please keep your donations guys I'm not asking for handouts and I now feel terrible.

I'll set pool fee's at 0% for the rest of the week. Much love guys  

TBH mate I got nfi whats involved in running a pool, so zero judgement from me.  Just wanted to say thanks for having a good stable service, been donating at 1% ever since I realised you had 0 fees.  Sorry to hear it doesn't score you anything, seriously if you chuck up an AIR or BTC addy I'd throw a bit of one your way, I did well out of this run.

[Real_GM]

Hi ctrlaltdefeated,

You guys were the first pool I mined with in the early days. It was fast and stable. Thanks!

Good luck with your future endeavours.

Cheers.

[scottlilo]

Heres a link to a multipool that intends to mine AIR and dump for VERT..

What can we do to stop this? AIR is too young to be manipulated like that !!

http://www.verters.com/multivert

Blasphemy. This will not be good for AIR if people mine on it.

[sussex]

Heres a link to a multipool that intends to mine AIR and dump for VERT..

What can we do to stop this? AIR is too young to be manipulated like that !!

http://www.verters.com/multivert

Blasphemy. This will not be good for AIR if people mine on it.

There is a new wallet due soon, so there will be new source.

As I understand it, pools need the source to operate, so............

[scottlilo]

Heres a link to a multipool that intends to mine AIR and dump for VERT..

What can we do to stop this? AIR is too young to be manipulated like that !!

http://www.verters.com/multivert

Blasphemy. This will not be good for AIR if people mine on it.

There is a new wallet due soon, so there will be new source.

As I understand it, pools need the source to operate, so............

Valid point, Sir. hopefully the pool operator's do not realize...

[Sprite160]

Heres a link to a multipool that intends to mine AIR and dump for VERT..

What can we do to stop this? AIR is too young to be manipulated like that !!

http://www.verters.com/multivert

Blasphemy. This will not be good for AIR if people mine on it.

There is a new wallet due soon, so there will be new source.

As I understand it, pools need the source to operate, so............

Speaking of the wallet... Any news from the dev team on the new wallet availability?

[inex]

Devs,

This is coming from a concerned supporter of your coin, right now a big issue is very little buy support. In the last 24 hours we have seen only 6 BTC of volume being traded and in the last 4 hours trading has been almost non-existent. Adjusting the block reward is a Symptomatic approach to resolving the real issue. There needs to be a capital investment(out of pocket) if you really believe in your own coin, to help show volume not to try to limit the amount of coins coming in. Unless we start getting some exposure and seeing more interest in this coin, it will die. Take that premine that you are sitting on and start doing some Giveaways/Sponsorship/Bounties. Best way to giant traction is to get the community involved. Sure your algos are great and all and the coin wont be pumped/dumped but how will that matter if the coin bleeds out and becomes worthless?

I am a believer in this coin that is the only reason I voice my opinion.



Thanks,
/Inex

[gambitminer]

I've seen a couple other coins use https://www.thunderclap.it
I don't know it's effectiveness however, because the two coins for which I participated in the Thunderclap have yet to happen.

EDIT: One of them just happened.. we'll see if it creates a stir and brings new people to that coin, and if the buy support increases as a result.

[fabula]

Devs,

This is coming from a concerned supporter of your coin, right now a big issue is very little buy support. In the last 24 hours we have seen only 6 BTC of volume being traded and in the last 4 hours trading has been almost non-existent. Adjusting the block reward is a Symptomatic approach to resolving the real issue. There needs to be a capital investment(out of pocket) if you really believe in your own coin, to help show volume not to try to limit the amount of coins coming in. Unless we start getting some exposure and seeing more interest in this coin, it will die. Take that premine that you are sitting on and start doing some Giveaways/Sponsorship/Bounties. Best way to giant traction is to get the community involved. Sure your algos are great and all and the coin wont be pumped/dumped but how will that matter if the coin bleeds out and becomes worthless?

I am a believer in this coin that is the only reason I voice my opinion.



Thanks,
/Inex

Thanks inex for your word.
Sometimes i'm more direct with my words,but you are more "gently" with you opinion.

I also was scared from 4 days ago since AIR start to dump...but yeaterday dev say that in 24-48 hours the coin start to rise.

24 hours and nothing happen...even falling.
But i trust DEV.
So i have just to wait next 24 hours to see AIR rise.

Just wait 24 hours and we know if it's true or not.
Take care.

[JTB800]

Awesome -- finally got some AIR! Just checked in and saw that I was filled. Good to be on board! Maybe if it goes down further I'll pick up some more.

[albertdros]

sell me more

[fabula]

sell me more

DUUUMMPPPED!

Air coin death!