★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS]

[TuxNut]

i will throw my 10Mh/s back at it



we need a community effort to test this

I would throw the rig's hashing power back on it, but need to stick to X11 coins at the moment. Running 4x 290's from 1,650W is pushing the PSUs quite hard on Scrypt, with X11 it's almost half the power usage!
Do like X11, very efficient algo.

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[ydrogios]

i have a theory, what if we caused the drop in value because less people mined, creating a feedback loop of miners willing to sell lower and lower as they got more coins from lower difficulty?

I think we should try increasing the network hashrate to 10Gh/s and see if a rise in value follows from miners holding their coins until more profitable to sell.

explain a bit more please?

by giving up on mining our coin, we left it to those who seek profit only, increasing the amount of coins they get by lowering difficulty, thus increasing the amount of supply on exchanges
what if we tried to reverse that, get those who seek profit off our coin and reduce the amount of coins individuals get for better distribution, would we see less coins on exchanges?

so start mining again? it makes sense to us who have 10's of mills for that to happen, im in.

i will throw my 10Mh/s back at it



we need a community effort to test this

I'm watching the Liverpool game at the mo. I'll throw my 60 MH on it in the morning or later tonight when I get back.

I`m a hugeeeee fan of Liverpool.Here in Greece there is a club of Liverpool!!!!!!!!!!!!!!!!!!!!Never walk alone!!!!!!!!!!!!!!!!!!!!!!

[ydrogios]

i will throw my 10Mh/s back at it



we need a community effort to test this

I would throw the rig's hashing power back on it, but need to stick to X11 coins at the moment. Running 4x 290's from 1,650W is pushing the PSUs quite hard on Scrypt, with X11 it's almost half the power usage!
Do like X11, very efficient algo.

What coins are with X11?

[LionOfNarnia]

Wow, it always seems to kick off when we Brits are asleep!

After careful consideration, I'm making a personal decision to completely boycott Cryptsy for the mayhem they have caused. Even cashed in my points to transfer to MintPal to buy Zeit.

Mind you, on a positive note the MintPal 24 hr volume on Zeit is higher than Doge & it won't be long before the price hits 3.

My plan is to make some BTC until maybe Thursday, then be ready for another round of 'The Game'.

This time to start the attack on the 3-wall

Have a great weekend, Zeitcoiners

Time is beyond the safety and value the most need to solve the problem
Let's rub one's eyes and wait

Only guessing, but are you using an online translator?

If you are maybe you need help in getting a better one, it's like our Russian friend all over again

If not, I don't have a freakin' clue what you're trying to say!

[orbcon]

i will throw my 10Mh/s back at it



we need a community effort to test this

I would throw the rig's hashing power back on it, but need to stick to X11 coins at the moment. Running 4x 290's from 1,650W is pushing the PSUs quite hard on Scrypt, with X11 it's almost half the power usage!
Do like X11, very efficient algo.

Hi,

Just wondering what X11 coin(s) you'd recommend I could start mining? My machine will only put out about 1.2 or 1.3MHs in Scrypt so am unsure how that would perform with X11 (think with Adaptive-N it's about 50% hashrate of Scrypt).

Thanks
Orb

[CoinQuest]

So what's the plan for friday?

I've been out of the loop for a few days.

[Anonymousg64]

i will throw my 10Mh/s back at it



we need a community effort to test this

I would throw the rig's hashing power back on it, but need to stick to X11 coins at the moment. Running 4x 290's from 1,650W is pushing the PSUs quite hard on Scrypt, with X11 it's almost half the power usage!
Do like X11, very efficient algo.

What coins are with X11?

Hirocoin and darkcoin

i was on X11 also, but just for the sake of experimentation and to show selflessness, please join in
we only need 2-3 days to see if there is any notable impact on the market

i actually got the idea of doing this from watching hirocoin increase in difficulty and in value

[LionOfNarnia]

I have 560K. Please try to contain your laughter.  

<tries to contain laughter>
aaaahahahahahaha Look at the wee little minnow!!!!

<failed to contain laugher>

Sorry :|

Nice. Thanks for that.  

And Lion, I only wish I was a millionaire! I couldn't even lie and say I was anyway, because one look at the blockchain and my bluff would be called real quick!

LOL

If the explorer wasn't down I'd do just that

Check yer wallet, dude.

Whoa! Thanks bro!! I'll be sure to send you some back when I get the mint from that! Finally a Zeitillionaire!!  

LMFAO!

..just wish I coulda seen your face when you saw it You deserve to be in the Zee-Em club dude - you're too good a guy not to be. Nuff said?

.. and BTW - "Pay It Forwards"

(EVERYBODY who hasn't seen that movie recently, watch it [again])

[lti4301]

I tried this "walletpassphrase YOUR_PASSWORD 9999999 true" in console but says error. Also I Have not set any password as there is no conf file in there. What should I do in order to get minting

You and I have the same question
Hope someone can help us answer
Wish us luck

[ydrogios]

My first transaction was at 6 of March and no minting why???

[Anonymousg64]

I tried this "walletpassphrase YOUR_PASSWORD 9999999 true" in console but says error. Also I Have not set any password as there is no conf file in there. What should I do in order to get minting

You and I have the same question
Hope someone can help us answer
Wish us luck

if you did not set a password then your wallet is not locked and you dont need to do that

if you dont understand semantics please use google

[Anonymousg64]

My first transaction was at 6 of March and no minting why???

have you spent any coins?

[orbcon]

I tried this "walletpassphrase YOUR_PASSWORD 9999999 true" in console but says error. Also I Have not set any password as there is no conf file in there. What should I do in order to get minting

You and I have the same question
Hope someone can help us answer
Wish us luck

Think the wallet is already unlocked if you've not set any password so you shouldn't need to run this command.

On wallet main screen look at the padlock symbol in bottom right, if it's open each time you start the wallet then I think it's already unlocked but I'm open to correction on this.

[LionOfNarnia]

Happy to see at least one of my ace sniper teams on duty at MintPal tonight

Might cash in a Vert or two & join you for a while - but it's an early night for the Lion, big job interview 2moz.

[ydrogios]

My first transaction was at 6 of March and no minting why???

have you spent any coins?

I send 100k in to cryptorush at 7.Is the coins that i have lost at cysptorush

[angryacorn]

should be getting a new psu and motherboard tomorrow or friday so ill throw my rigs back on 2 zeit when im home and will try rope some mates in with a bigger setups todo the same.

[ydrogios]

Happy to see at least one of my ace sniper teams on duty at MintPal tonight

Might cash in a Vert or two & join you for a while - but it's an early night for the Lion, big job interview 2moz.

always there with 1111 or 2222 or 3333

[stevegreer]

LMFAO!

..just wish I coulda seen your face when you saw it You deserve to be in the Zee-Em club dude - you're too good a guy not to be. Nuff said?

.. and BTW - "Pay It Forwards"

(EVERYBODY who hasn't seen that movie recently, watch it [again])

I bet my eyes got as big as dinner plates! Think I'll fix myself a cup of Earl Grey and raise it in your honor! Oh wait... honour!  

[angryacorn]

buy wall at 2sat is almost done  shiiaat

[Anonymousg64]

buy wall at 2sat is almost done   shiiaat

why are they all giving me so much ZEIT!

i was going to use that btc on friday, damn


i now have 100.7 million ZEIT, woot!