[ANN] AIRcoin

[albertdros]

Dev says 5% profit every week(in home page of theyr website)....we will see.
Mining them for a week,if nothing happen,going to another crypto.

Price from last 2 days don't have grow. Some pump and dump, but still on same quote, and difficulty is encrease. So.....what's up?

More difficulty to mine and price fall?  Normally is the opposite.

relax ive been playing the market so i can get cheap coins. It will go up overtime

[OmarG]

Excited to join you guys!

 

Come join us!

• Hosted in Canada
• Low Latency P2Pool Node
• 1% Fee
• Transaction Fees Paid to Miners
• No Signup Required
• Payouts Directly to Wallet
• Unique P2Pool Frontend

The 1st P2Pool seems to be down so I created this one! Enjoy!

Closest thing to solomining

[crunner]

Excited to join you guys!

 http://i39.photobucket.com/albums/e188/OmarxGx/omarg_zpsf295e931.png

Come join us!

• Hosted in Canada
• Low Latency P2Pool Node
• 1% Fee
• Transaction Fees Paid to Miners
• No Signup Required
• Payouts Directly to Wallet
• Unique P2Pool Frontend

The 1st P2Pool seems to be down so I created this one! Enjoy!

Closest thing to solomining

port number?

[cryptohymen]

fix kgw implementation, thanks

[AIRcoin]

We will have time for a proper response soon to address questions, right now we are working on a few new releases, the most important of which I am making this post about, to ease concerns about the coin:

We have compiled the data for our Transparency Report, which will outline exactly what trades have been made and how they profited and shed light on how the pool works. This is something that has been in heavy demand. Here are a few teasers, however:

1. 69.8% of the trades have been profitable, and 71.3% of the traded volume made a profit.
2. The BTC generated for the pool, since the beginning, has amounted to just over 1.8 BTC. This is not from selling coins, but from scalping AIR from the price rising and falling, and from the liquidity services. Most of this is generated via algorithm. That means the pool has 1.8 BTC additional buying power in the market over the last 3 days, which helps explain how the price can rise.
3. Average gains per trade is 4%.
4. Average gains per trade is .00259 BTC
5. We have paid .05 BTC in fees.
6. Over 700 trades were made in 72 hours, making about 1 trade every 6 minutes.

[OmarG]

Excited to join you guys!

 

Come join us!

• Hosted in Canada
• Low Latency P2Pool Node
• 1% Fee
• Transaction Fees Paid to Miners
• No Signup Required
• Payouts Directly to Wallet
• Unique P2Pool Frontend

The 1st P2Pool seems to be down so I created this one! Enjoy!

Closest thing to solomining

port number?

Connect to omargpools.ca:2630

The P2P port I use is 1631

[Turpomann]

We will have time for a proper response soon to address questions, right now we are working on a few new releases, the most important of which I am making this post about, to ease concerns about the coin:

We have compiled the data for our Transparency Report, which will outline exactly what trades have been made and how they profited and shed light on how the pool works. This is something that has been in heavy demand. Here are a few teasers, however:

1. 69.8% of the trades have been profitable, and 71.3% of the traded volume made a profit.
2. The BTC generated for the pool, since the beginning, has amounted to just over 1.8 BTC. This is not from selling coins, but from scalping AIR from the price rising and falling, and from the liquidity services. Most of this is generated via algorithm. That means the pool has 1.8 BTC additional buying power in the market over the last 3 days, which helps explain how the price can rise.
3. Average gains per trade is 4%.
4. Average gains per trade is .00259 BTC
5. We have paid .05 BTC in fees.
6. Over 700 trades were made in 72 hours, making about 1 trade every 6 minutes.

Reality is: Highest price point was 0.00273 and current price is 0.001811. Price is down 33%. Simple math.

[Turpomann]

OMG !!!!

Next target diff 33

the price will fly to 0.0025 easly

Hope so.

If not, then miners leave again, because it's not profitable, net hashrate drops to 500Mh/s and price goes down to 0015 again. Price don't follow difficulty curve fast enough. It's a vicious cycle.

KGW was seen as the solution for many coins, but I think it's the main problem here. It's too aggressive and not working for the favor of the coin.

fix kgw implementation, thanks

Just like I told you. Price didn't follow the difficulty curve. Miners are leaving again at difficulty 25. Net hashrate going down. Too aggressive KGW at work here.

[fabula]

We will have time for a proper response soon to address questions, right now we are working on a few new releases, the most important of which I am making this post about, to ease concerns about the coin:

We have compiled the data for our Transparency Report, which will outline exactly what trades have been made and how they profited and shed light on how the pool works. This is something that has been in heavy demand. Here are a few teasers, however:

1. 69.8% of the trades have been profitable, and 71.3% of the traded volume made a profit.
2. The BTC generated for the pool, since the beginning, has amounted to just over 1.8 BTC. This is not from selling coins, but from scalping AIR from the price rising and falling, and from the liquidity services. Most of this is generated via algorithm. That means the pool has 1.8 BTC additional buying power in the market over the last 3 days, which helps explain how the price can rise.
3. Average gains per trade is 4%.
4. Average gains per trade is .00259 BTC
5. We have paid .05 BTC in fees.
6. Over 700 trades were made in 72 hours, making about 1 trade every 6 minutes.

Reality is: Highest price point was 0.00273 and current price is 0.001811. Price is down 33%. Simple math.

LLLOOOLLL

[maxsolnc]

We will have time for a proper response soon to address questions, right now we are working on a few new releases, the most important of which I am making this post about, to ease concerns about the coin:

We have compiled the data for our Transparency Report, which will outline exactly what trades have been made and how they profited and shed light on how the pool works. This is something that has been in heavy demand. Here are a few teasers, however:

1. 69.8% of the trades have been profitable, and 71.3% of the traded volume made a profit.
2. The BTC generated for the pool, since the beginning, has amounted to just over 1.8 BTC. This is not from selling coins, but from scalping AIR from the price rising and falling, and from the liquidity services. Most of this is generated via algorithm. That means the pool has 1.8 BTC additional buying power in the market over the last 3 days, which helps explain how the price can rise.
3. Average gains per trade is 4%.
4. Average gains per trade is .00259 BTC
5. We have paid .05 BTC in fees.
6. Over 700 trades were made in 72 hours, making about 1 trade every 6 minutes.

Reality is: Highest price point was 0.00273 and current price is 0.001811. Price is down 33%. Simple math.

Wow man, are you serious saying this?!

[teringlijer]

We will have time for a proper response soon to address questions, right now we are working on a few new releases, the most important of which I am making this post about, to ease concerns about the coin:

We have compiled the data for our Transparency Report, which will outline exactly what trades have been made and how they profited and shed light on how the pool works. This is something that has been in heavy demand. Here are a few teasers, however:

1. 69.8% of the trades have been profitable, and 71.3% of the traded volume made a profit.
2. The BTC generated for the pool, since the beginning, has amounted to just over 1.8 BTC. This is not from selling coins, but from scalping AIR from the price rising and falling, and from the liquidity services. Most of this is generated via algorithm. That means the pool has 1.8 BTC additional buying power in the market over the last 3 days, which helps explain how the price can rise.
3. Average gains per trade is 4%.
4. Average gains per trade is .00259 BTC
5. We have paid .05 BTC in fees.
6. Over 700 trades were made in 72 hours, making about 1 trade every 6 minutes.

Reality is: Highest price point was 0.00273 and current price is 0.001811. Price is down 33%. Simple math.

To counter your flaming/trolling:lets turn it around. Lowest price was 0.0007. Current price is 0.0018. Thats an increase of 257%. Simple math.

[scottlilo]

We will have time for a proper response soon to address questions, right now we are working on a few new releases, the most important of which I am making this post about, to ease concerns about the coin:

We have compiled the data for our Transparency Report, which will outline exactly what trades have been made and how they profited and shed light on how the pool works. This is something that has been in heavy demand. Here are a few teasers, however:

1. 69.8% of the trades have been profitable, and 71.3% of the traded volume made a profit.
2. The BTC generated for the pool, since the beginning, has amounted to just over 1.8 BTC. This is not from selling coins, but from scalping AIR from the price rising and falling, and from the liquidity services. Most of this is generated via algorithm. That means the pool has 1.8 BTC additional buying power in the market over the last 3 days, which helps explain how the price can rise.
3. Average gains per trade is 4%.
4. Average gains per trade is .00259 BTC
5. We have paid .05 BTC in fees.
6. Over 700 trades were made in 72 hours, making about 1 trade every 6 minutes.

Reality is: Highest price point was 0.00273 and current price is 0.001811. Price is down 33%. Simple math.

To counter your flaming/trolling:lets turn it around. Lowest price was 0.0007. Current price is 0.0018. Thats an increase of 257%. Simple math.

+1 Trolls will be Trolls.

[Sprite160]

Looks like difficulty is slow to react to both increase and decrease in hash rate. My math is telling me that only 16 blocks have been found in the last hour..

[albertdros]

Looks like difficulty is slow to react to both increase and decrease in hash rate. My math is telling me that only 16 blocks have been found in the last hour..

i agree. I mined only 10 coins last 24 hours. Its not profitable at all right now.

[Turpomann]

We will have time for a proper response soon to address questions, right now we are working on a few new releases, the most important of which I am making this post about, to ease concerns about the coin:

We have compiled the data for our Transparency Report, which will outline exactly what trades have been made and how they profited and shed light on how the pool works. This is something that has been in heavy demand. Here are a few teasers, however:

1. 69.8% of the trades have been profitable, and 71.3% of the traded volume made a profit.
2. The BTC generated for the pool, since the beginning, has amounted to just over 1.8 BTC. This is not from selling coins, but from scalping AIR from the price rising and falling, and from the liquidity services. Most of this is generated via algorithm. That means the pool has 1.8 BTC additional buying power in the market over the last 3 days, which helps explain how the price can rise.
3. Average gains per trade is 4%.
4. Average gains per trade is .00259 BTC
5. We have paid .05 BTC in fees.
6. Over 700 trades were made in 72 hours, making about 1 trade every 6 minutes.

Reality is: Highest price point was 0.00273 and current price is 0.001811. Price is down 33%. Simple math.

To counter your flaming/trolling:lets turn it around. Lowest price was 0.0007. Current price is 0.0018. Thats an increase of 257%. Simple math.

Your math is correct. That makes the average price of 0.00172. Barely profitable to mine after difficulty 15. It's really easy to understand: Investors want to buy the coin as low price as possible and miners want to sell as high price as possible. Some miners are investors too. Like it or not, you need to keep miners happy or your investment will not fly.

[Turpomann]

Looks like difficulty is slow to react to both increase and decrease in hash rate. My math is telling me that only 16 blocks have been found in the last hour..

No, it's other way round. Difficulty reacts too fast.

[Sprite160]

Looks like difficulty is slow to react to both increase and decrease in hash rate. My math is telling me that only 16 blocks have been found in the last hour..

No, it's other way round. Difficulty reacts too fast.

Explain that please.. If when the Hashrate increases quickly, we start getting like 50-60 blocks per hour until it stabilizes ..hours later.. then the rate drops, and we get like 16 blocks in an hour for hours, how can you say that it is too fast? Seems like it is leaving the coin open to raping by multipools.

Unless... you are running/mining in one of the multipools..

[Turpomann]

Looks like difficulty is slow to react to both increase and decrease in hash rate. My math is telling me that only 16 blocks have been found in the last hour..

No, it's other way round. Difficulty reacts too fast.

Explain that please.. If when the Hashrate increases quickly, we start getting like 50-60 blocks per hour until it stabilizes ..hours later.. then the rate drops, and we get like 16 blocks in an hour for hours, how van you say that it is too fast?

Okay, I didn't notice that blocks were found so much more. All I'm seeing is rapid reduction of earnings per block. Seem like for every 50Mh/s added to the net hashrate makes difficulty go up 1 more. When hashrate goes down it seem to react slower than when it's rising. Either way, something must be done to the kgw implementation.

[splawik21]

Looks like difficulty is slow to react to both increase and decrease in hash rate. My math is telling me that only 16 blocks have been found in the last hour..

No, it's other way round. Difficulty reacts too fast.

Explain that please.. If when the Hashrate increases quickly, we start getting like 50-60 blocks per hour until it stabilizes ..hours later.. then the rate drops, and we get like 16 blocks in an hour for hours, how can you say that it is too fast? Seems like it is leaving the coin open to raping by multipools.

Unless... you are running/mining in one of the multipools..

Answer, thanks the KGW the diff goes up slowly when there is a lot of hash power, BUT when there is less power the diff need time too to get down..... so, when the diff is high and less hashpower it takes more time to  find the block..... from the other hand, if there is more hashpower and the diff remains on lower stage we find the blocks faster .....

[Sprite160]

Looks like difficulty is slow to react to both increase and decrease in hash rate. My math is telling me that only 16 blocks have been found in the last hour..

No, it's other way round. Difficulty reacts too fast.

Explain that please.. If when the Hashrate increases quickly, we start getting like 50-60 blocks per hour until it stabilizes ..hours later.. then the rate drops, and we get like 16 blocks in an hour for hours, how can you say that it is too fast? Seems like it is leaving the coin open to raping by multipools.

Unless... you are running/mining in one of the multipools..

Answer, thanks the KGW the diff goes up slowly when there is a lot of hash power, BUT when there is less power the diff need time too to get down..... so, when the diff is high and less hashpower it takes more time to  find the block..... from the other hand, if there is more hashpower and the diff remains on lower stage we find the blocks faster .....

Which makes it ripe for a multipool with huge hashpower to come in, rape it, leave, then the rest of the miners are sitting here waiting for diff to come down, then the multipools show up again.. rinse, repeat...typical way it works.