[ANN] [V] Version - Rare Desirable NO PREMINE Store of Value -->> v0.8.9.9 FIX

[wickedsick]

im thinking, what will be the scenario after block 10000?

one thing is true. "It will either succeed or fail."  

it's up to the sellers to cancel their sell orders and change it to something bigger, like 0.01 btc 

i would go for 0.1 BTC...and this is stil low...but ppl are dumping it cheap

[1714140226]

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[bitkokos]

im thinking, what will be the scenario after block 10000?

one thing is true. "It will either succeed or fail."  

it's up to the sellers to cancel their sell orders and change it to something bigger, like 0.01 btc 

i would go for 0.1 BTC...and this is stil low...but ppl are dumping it cheap

lets not overestimate things. 

[lin0sspice]

Should be some buyers try to lowball )
Vote for Mintpal.com

[bitkokos]

net hashrate dropped to 23th
yesterday a pool had that much

[martinyin]

Should be some buyers try to lowball )
Vote for Mintpal.com

better put some coins into the vote for V

[bitkokos]

Shutdown signal received!

[fengsui]

V中国区挖矿交流总群244547403

[caspar]

The value of a coin, depends on the operating team.
I think the current price should be 0.0001 to 0.0002.
But in the long, I like it.

[ClutchThese]

Very interesting coin, but pool offers are disaster.

I've been mining for 9h on Bitember with my Antminer, and I have some 0.08 confirmed balance. 3% fee is high but not an issue, but their withdrawal fee for manual and auto payment is 0.01!!!
Block reward will go to 4 in a few blocks, and what then? How long will I need to get around 1 coin, just to give 10% of it to pool!? For what? I already gave them 3%.

Pool operator - why are you so greedy?

This is outrageous for the coin that is so scarce and hard to mine. If there was time, I would set up a p2pool with 1% fee and no headaches for miners

You're correct. We will drop the .1 coin fee to withdraw... or at least make it much less. To be honest, I didn't even think about this until i read your comment. Like you, i've been mining it since it's launch and have only mined about 30 coins.

I'm a small-fry, so I know how it feels to want to keep each fraction. We have an IRC channel for those of you who wish to provide suggestions to us (such as this), that way the thread can stay on topic for the coin.

[CoDi]

http://i022.radikal.ru/1403/a8/45b207e3aa3d.png
Only this from start. Nothing to do is SHA-2 coins with only 1 GPU. 
But I still like this coin and dev's work.
Donate few coins for me please, I can help to promote this coin in russian community.
VAgjdD6pMkhumVb6ye4FcuSNeuaQqUbGWh

[lin0sspice]

i hope it will be 0.00X or 0.0X not expect to be 0.x

1   2014-03-03 11:25:48   Sell   0.0008   53.95   0.04316

[mindfox]

Very interesting coin, but pool offers are disaster.

I've been mining for 9h on Bitember with my Antminer, and I have some 0.08 confirmed balance. 3% fee is high but not an issue, but their withdrawal fee for manual and auto payment is 0.01!!!
Block reward will go to 4 in a few blocks, and what then? How long will I need to get around 1 coin, just to give 10% of it to pool!? For what? I already gave them 3%.

Pool operator - why are you so greedy?

This is outrageous for the coin that is so scarce and hard to mine. If there was time, I would set up a p2pool with 1% fee and no headaches for miners

You're correct. We will drop the .1 coin fee to withdraw... or at least make it much less. To be honest, I didn't even think about this until i read your comment. Like you, i've been mining it since it's launch and have only mined about 30 coins.

I'm a small-fry, so I know how it feels to want to keep each fraction. We have an IRC channel for those of you who wish to provide suggestions to us (such as this), that way the thread can stay on topic for the coin.

Let me correct this, because there is a misunderstanding how a coin works. A transaction fee is always charged because there is no way for the pool to know whether a fee will be charged or not (and all transactions include the TX fee from what I saw according to block explorer).

The usual default Transaction fee is 0.1 or 0.01. From versiond command line:

Code:

versiond help settxfee
settxfee <amount>
<amount> is a real and is rounded to 0.01 (cent)
Minimum and default transaction fee per KB is 1 cent

So, TX fee is something that a pool charges because the wallet deducts it on every transaction. I hope that this clears things out a bit.
Now, by searching the coin's explorer I noticed that versioncoin, although it clearly states to the help text that TX fee is 0.01, can accept lower TX fee (0.0001 to be exact).
This has been setup to our wallet and our pool's software at Zeuspool was adjusted to reflect the new value.

[bitkokos]

could you also clarify how is it possible the pool hashrate to be over the net hashrate? I don't get it

[mindfox]

could you also clarify how is it possible the pool hashrate to be over the net hashrate? I don't get it

Although this is something that the coin developer should explain, I will try to do my best according to my knowledge and involvement to other coins source codes.

Pool hashrate is calculated by taking samples of PoW sent by miners in a period of time (say 1 minute or 3 minutes). Stratum and wallet (in case you are solo mining) works in exactly the same way. So, the wallet (coin daemon) or stratum, has data from a period of time in order to calculate the local hash rate. Sometimes, PoW could be sent just a sec after that calculation has been made, thus making the a "hashrate surge" that can go up or down. Of course when it goes down it doesn't draw too much attention but those PoW that were sent right after the calculation are affecting the calculated hashrate of the next calculation (more hashrate than the actual) which if goes more than the net hashrate is drawing attention (like your question).

Calculating Network hashrate is even less accurate. Take a visit on all known pools and add their hashrates. You will notice that nethashrate is not even close to that. That is because the coin is still young or there has been a recent difficulty change (which in our case happens on every block, right? ).
Network Hashrate is calculated by the average difficulty of the blocks found during a set-by-the-developer period in time and is not configured by the Pool's software (stratum or accounting application).

I hope I posted it correctly, as English is not my native language. Please excuse my mistakes and feel free to post any clarifications you may need me to do.

[bitkokos]

could you also clarify how is it possible the pool hashrate to be over the net hashrate? I don't get it

Although this is something that the coin developer should explain, I will try to do my best according to my knowledge and involvement to other coins source codes.

Pool hashrate is calculated by taking samples of PoW sent by miners in a period of time (say 1 minute or 3 minutes). Stratum and wallet (in case you are solo mining) works in exactly the same way. So, the wallet (coin daemon) or stratum, has data from a period of time in order to calculate the local hash rate. Sometimes, PoW could be sent just a sec after that calculation has been made, thus making the a "hashrate surge" that can go up or down. Of course when it goes down it doesn't draw too much attention but those PoW that were sent right after the calculation are affecting the calculated hashrate of the next calculation (more hashrate than the actual) which if goes more than the net hashrate is drawing attention (like your question).

Calculating Network hashrate is even less accurate. Take a visit on all known pools and add their hashrates. You will notice that nethashrate is not even close to that. That is because the coin is still young or there has been a recent difficulty change (which in our case happens on every block, right? ).
Network Hashrate is calculated by the average difficulty of the blocks found during a set-by-the-developer period in time and is not configured by the Pool's software (stratum or accounting application).

I hope I posted it correctly, as English is not my native language. Please excuse my mistakes and feel free to post any clarifications you may need me to do.

thanks for the explanation. it's clearer now.

unfortunately you must have set the difficulty of your pool too high. I am there with almost 10gh for about one hour and I get nothing but errors and 0 gh shown on the pool. it worked for about 10 minutes.

[mindfox]

If you get errors, maybe you should check your miner settings.

What kind of errors are you getting? Even if what you said was true (that we set the difficulty high - which by the way is not true ), it wouldn't error out on you, it would be hashing and delivering Proof Of Work at slower rates.

Please let me know if I can help you any further

[staycrypto]

Put together a two-pager/"one sheet" about V:

Version: Exclusivity Rewards Stability

[martinyin]

hi guyz, don't forget to use your votes to support V, or maybe use your money

https://www.mintpal.com/voting

https://www.cryptorush.in/index.php?p=vote

[palawan]

hi guyz, don't forget to use your votes to support V, or maybe use your money

https://www.mintpal.com/voting

https://www.cryptorush.in/index.php?p=vote

How about Cryptsy?  Is there a voting url for getting listed at Cryptsy? I don't mind sending mBtc's for getting listed there 

[bitkokos]

If you get errors, maybe you should check your miner settings.

What kind of errors are you getting? Even if what you said was true (that we set the difficulty high - which by the way is not true ), it wouldn't error out on you, it would be hashing and delivering Proof Of Work at slower rates.

Please let me know if I can help you any further

the diff when I checked my workers was 256 that's way too high for a 7gh bfl and an antminer. normally the bfl diff should be 8.
anyway. I have moved to another coin.