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

[TuxNut]

Interested in X11?

[/color]

Here's what I'm using to mine it (do love BAMT)

You'll see around 2-3 times the hashrate (bare in mind, everyone else does too so you're not getting 'free' hashes) than on Scrypt, use around 40% less power and because of that cards will run cooler/quieter.

I, like Anon above, only know of Hiro and Dark so far but more are sure to come along.

[ydrogios]

I buy from yesterday morning at @ 3

[angryacorn]

I need a new bank im not home so i dont have that stupid card thing so that i transfer money to buy btc to prop that wall up!!!!

[Anonymousg64]

Interested in X11?

[/color]

Here's what I'm using to mine it (do love BAMT)

You'll see around 2-3 times the hashrate (bare in mind, everyone else does too so you're not getting 'free' hashes) than on Scrypt, use around 40% less power and because of that cards will run cooler/quieter.

I, like Anon above, only know of Hiro and Dark so far but more are sure to come along.

despite how attractive it is, please bare with ZEIT for a few days so we can execute a successful expirement

[TuxNut]

buy wall at 2sat is almost done   shiiaat

Let it die for now, if we can have it at 1sat come midnight GMT then put the 2 wall back and push to 3, will then show 0, 100, 200% price on the sidebar and won't be able to show a drop

And this:

Interested in X11?

[/color]

Here's what I'm using to mine it (do love BAMT)

You'll see around 2-3 times the hashrate (bare in mind, everyone else does too so you're not getting 'free' hashes) than on Scrypt, use around 40% less power and because of that cards will run cooler/quieter.

I, like Anon above, only know of Hiro and Dark so far but more are sure to come along.

despite how attractive it is, please bare with ZEIT for a few days so we can execute a successful expirement

I'm only on it atm because hardware's poorly.

[Matni]

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.

Good luck dude!

[roadies]

Has anyone considered a zeit multi-pool similar to bcmultipool or mintpool to keep buy pressure on zeit? Basically mine alt coins, auto-exchange for btc, then auto-exchange for Zeit.

+1

THAT idea was suggested, then rejected by the community DAYS ago

Multipooling is a lazy, wasteful, inefficient ploy for daily dumpers,

That is against just about everything we stand for here.

THIS community? I usually only check this thread every few DAYS. Usually once a WEEK. So I must have MISSED it. SORRY. Maybe if there was a more effecient way of giving information to THIS community. I'm too LAZY to read 350+ pages of troll agenda.

Multipooling helped cause a very decent lift for buy-and-holders of BC, MINT and VERT as soon as PoW dried up.

And how is it lazy, wasteful, and ineffecient? Wouldn't it be far more wasteful and inefficient to keep your mining power towards a fraction of 1 Zeitcoin PoW blocks? And wouldn't it be lazy to sit around and wait for PoS coins to enter the chain?  I hope THIS is not what the community is about.

Once PoW is done, the only two ways to increase your stake is PoS and buying Zeit. People with mining equipment are going to mine. Why are you shaming those for exchanging their mined coins to buy more Zeitcoin? If the community is against this, wow, I'm sorry I'm a part of this community!

Me, I'd rather put my resources and money into acquiring a larger stake than sit around and wait for it.

And who rejected the idea, exactly? You and a couple other multipool hating trolls?

I believe in this coin. I believe in acquiring this coin. I believe in holding onto this coin for long term value. I have a significant stake, and I wish to increase it. I'd prefer to spend only the PoS coins if I ever have to, so currently I want to acquire cheap coins as much as I can through PoS OR buying.

If the community is against this, then I think it is full of hypocrites in denial.

WHERE DO I START?  

1) I had NOTHING to do with the rejection of the multi-pool idea, but I thought about it afterwards & rejected it for the same reasons I rejected multi-pooling before Zeit.

2) To begin a big posting by slagging off the people who are here, not just every day, but many times a day is not a good start my friend.

3) Your beliefs about this coin are exactly the same as mine. Your tactics too. Read back a few days, you might want to join Z-28:03

4) Friendly advice - do more reading & less ranting

Fair enough. Especially the reading part. But this forum is not the best example of efficiency in relaying information. I sure wish there were as many passionate users on the reddit page as there are here.

I saw Tut's post about multipool too. I know many people are against multipools, which is fine. We all have our reasons for/against them. I prefer to set and forget and automate processes as much as possible. A multipool is ideal for me.

I have a couple of multipools that I use specifically to acquire and hold certain coins when difficulty is low (DOGE, ECC, Standard, etc) and a couple that I use for pure dump to buy others (LOT, TIPS, FLAP, etc). I really don't have a problem dumping coins for current value where I had no desire to hold them anyway (clone coins especially).

What got me ranting was saying that the multipool idea is against everything that the community stands for. Perhaps I interpreted it differently, but I disagree.

[TuxNut]

I saw Tut's post about multipool too. I know many people are against multipools, which is fine. We all have our reasons for/against them. I prefer to set and forget and automate processes as much as possible. A multipool is ideal for me.

So, I've now been called Tex and Tut on this thread

Nice post.
I don't think multipool is against everything the community stands for anymore than the coin's against everything the ... uh coin.. stands for.
It's just bullying for our own means though. I've been on a few coins that have been hit by multipools and it sucks usually, but with most of the new coins, they're multipool resistant making them less useful. I'd rather hash a decent coin I choose myself.

[angryacorn]

I would use reddit....just dunno how! so intimidating! haha

[Dale Allen]

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!!!!!!!!!!!!!!!!!!!!!!

It was a great game, nearly threw it away at the end :O)

Got half my machines pointed at Zeit mining now, for some reason the other half can't communicate with CG Watcher, fook knows, will figure that out tomorrow but 33 MH pointed at Zeit anyhow. Off to ned (bed), happy trading guys or whatever you're in to.

[TuxNut]

Been meaning to post my coin idea for a couple of days, but only remember when at work or in bed

Idea was along this line, but rounded obviously. It's the a Venus City...

[LionOfNarnia]

X11 sounds like a great option for the summer, when the ambient temp is too high to run my rig flat-out on Scrypt. By then the poor bugger will need a bit of a rest anyway

I'll start researching it. Good heads-up

[Anonymousg64]

i think we got a few for-profit non-community miners to leave, might be the source of those cheap coins, them offloading their mined holdings as they switch to another coin


oh noes, i will only be able to get 1000 small buys, no problem we can still hit it friday

@MintPalExchange
Raised the minimum order net total to 0.0001 BTC/LTC, same as the minimum tx fee of a single BTC payment, to try reduce market manipulation.

[TuxNut]

i think we got a few for-profit non-community miners to leave, might be the source of those cheap coins, them offloading their mined holdings as they switch to another coin

Good Job guys and Good Call Anon.

[Anonymousg64]

i think we got a few for-profit non-community miners to leave, might be the source of those cheap coins, them offloading their mined holdings as they switch to another coin

Good Job guys and Good Call Anon.

i think its a good thing if we can keep those not interested in future value away from mining our coin.

i do hope we have the same PoS flaw as blackcoin, we are going to drop to 1 ZEIT/block sooner then 6weeks
right now we seem to be two days ahead in terms of total blocks, i expect we will finish a week early


1 to 3 hours left before block halving!

[Anonymousg64]

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!!!!!!!!!!!!!!!!!!!!!!

It was a great game, nearly threw it away at the end :O)

Got half my machines pointed at Zeit mining now, for some reason the other half can't communicate with CG Watcher, fook knows, will figure that out tomorrow but 33 MH pointed at Zeit anyhow. Off to ned (bed), happy trading guys or whatever you're in to.

awesome, i think this is going to be a successful experiment


community, we need more hashrate, its still too profitable for me!
we must maintain the network hashrate despite the block halving!

[sexydh80]

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

Why don't you try several times
It will be helpful to you
Good luck to you

[TuxNut]

Hey, someone got the price drop in on time.

Thnx whoever it was and a GJ to you too

[sexydh80]

I don't have crazy hash power, but I'll help out in this test too.
Hope others join in, it'll take a good portion of the community to see any difference.

If nothing major changes in a few hrs I'll have to switch back to my alternate.
Lion' does have a valid point, if we're are to make a push on those walls, would be wise to prepare for the target date.

Great coin
Great future
Great tomorrow

[TuxNut]

Great coin
Great future
Great tomorrow

We certainly hope so, it's going to take a lot of hard work, but with everyone working towards a better future we'll get ... somewhere

BTW, Welcome to community.