Execoin: | First Open-Source Stealth Wallet Released! | Fast | ASIC-proof

[goin2mars]

Dedicated pool under DDos attack ?

I sure hope so. Looks like Binaryclock isn't paying attention and let the pool grow to an idiotic amount of hashes. Nice, I'll remember that next time I say they're a good pool.

Easy there I was napping.  It's closed.

I love how you kids don't come in my IRC to tell anyone or warn them to wake me up, you don't send emails, nor PMs, but you sure wish bad things upon me for you just randomly shitting out things in a forum.

Before this I was up for 35 hours straight.  You know I have to sleep sometime.

Hey, I'm not saying your pool is terrible. You do great actually, and thanks for having such a reliable pool. I just find it hard to believe that there's just one person in control with the massive amount of pools you provide. Thanks for being so fast to take action though . . especially if your pools are managed by just one person.

I don't really like IRC, and it looks like you spend enough time in the threads you offer pools for that you would have taken notice anyway.

As far as bad things go, it looks like ddos is being used to protect this coin. Three pools have made it to 50% or greater, and each time they have been ddosed. Not sure what that's about but it's definitely interesting.

[binaryclock]

Dedicated pool under DDos attack ?

I sure hope so. Looks like Binaryclock isn't paying attention and let the pool grow to an idiotic amount of hashes. Nice, I'll remember that next time I say they're a good pool.

Easy there I was napping.  It's closed.

I love how you kids don't come in my IRC to tell anyone or warn them to wake me up, you don't send emails, nor PMs, but you sure wish bad things upon me for you just randomly shitting out things in a forum.

Before this I was up for 35 hours straight.  You know I have to sleep sometime.

Hey, I'm not saying your pool is terrible. You do great actually, and thanks for having such a reliable pool. I just find it hard to believe that there's just one person in control with the massive amount of pools you provide. Thanks for being so fast to take action though . . especially if your pools are managed by just one person.

I don't really like IRC, and it looks like you spend enough time in the threads you offer pools for that you would have taken notice anyway.

As far as bad things go, it looks like ddos is being used to protect this coin. Three pools have made it to 50% or greater, and each time they have been ddosed. Not sure what that's about but it's definitely interesting.

okay No hard feelings!

One person in control because I don't trust anyone else to take care of the coins for you guys.  I have lots of people watching in IRC that will wake me up immediately if alerted.  I sleep with my phone.  I'm a slave to this 24/7

[jjc6676]

well the hashes on exe coin is getting a bit ridiculous now.
I started mining at less than 100MHS and now its over 800Mhs! 900!

Edit: ridiculous is good - just want to clarify :-)

[chongl]

I can attest to how dedicated this guy is. When I first signed up for his Coino pool, I was getting a lot of rejects and problems. Logged into IRC and everyone is chatting away, but he instantly responded to my question and directed me to use the east pool to fix the problem.

Shows he's invested in his own success...plus it seems his pools are always available!

[phaddie]

I guess with such huge has this is not really good to try to solo mine with my measly 2500 k is it?

  Phad.

[Jonesd]

It is crazy idea, ASIC is not a choice, it is must, because of to keep and maintain the network is working, need a economical and high performance tool, this kind of coin have no future

As far as I understand the increase in processing speed will be offset by the increase in difficulty in order to maintain the block rate. In theory you can build super computers that will do super fast processing but at insanely high difficulty. In comparison drop the difficulty to almost zero and use a few CPUs like in the early days to process to achieve the same result.

ASICs put more power in an individuals hands to process much faster more efficiently. Due to the high cost only a select few that can afford it will have the processing power. The end result is that processing will be in the hands of a few people/farms because most people cannot afford it. Adaptive scrypt-n makes it difficult to develop and use ASICs and therefor mining coins based on this algorithm stays true to one of the core principles of cryptocurrency which is distributed processing/mining by many ordinary people on the street. This principle also helps with the distribution of new coins over a wide base which is good for acceptance of a digital currency as payment method. ASICs are therefore a tool to satisfy a greedy few.

+1

[jc12345]

I wonder whether all the pool disconnects are DDoS attacks causing the stratum to become full and fall over. The switching to backup pools are causing a lot of lost shares.

[phaddie]

I guess with such huge has this is not really good to try to solo mine with my measly 2500 k is it?

  Phad.

 I guess I am good, 3 blocks since I started.  Woot.  I am thinking I am just lucky but I will take it.

[binaryclock]

I can attest to how dedicated this guy is. When I first signed up for his Coino pool, I was getting a lot of rejects and problems. Logged into IRC and everyone is chatting away, but he instantly responded to my question and directed me to use the east pool to fix the problem.

Shows he's invested in his own success...plus it seems his pools are always available!

This really makes my day!  Thank you so much!

[FreeJack2k2]

Looks like someone is trying to push down the difficulty of the next increase by taking out the pools via DDOS.

Judging by the past 24 hours of results, I'd have done better solo mining anyway, switching to solo mode until difficulty gets out of hand.

[LAFreeze]

If someone's pushing it down he's doing a lousy job, hashrate is going up slowly. We're reaching the gigahash now, which for me makes solo-mining a sad business...
ps. most pools have separate front-ends, which can be DDoSed, but back-ends tend to be more resilient...

[binaryclock]

Dedicated pool under DDos attack ?

lel no

[binaryclock]

If someone's pushing it down he's doing a lousy job, hashrate is going up slowly. We're reaching the gigahash now, which for me makes solo-mining a sad business...
ps. most pools have separate front-ends, which can be DDoSed, but back-ends tend to be more resilient...

Pretty much this.  Well, in fact 99% of the pools out there can have their stratum DDoS'd too.  Most good pools have real DDoS protection and stratum protection, etc.

[mjsrs]

big dump going on

[quarkkid]

God-damn!! The difficulty has shot up like a mofo!!  ....oh well, it was only a matter of time.. 

[Armanis]

need a new Exchange because most people unknow nxt-e.com 

[aulonocara]

At 960MH/s as we speak, will break 1GH/s very soon! Glad I got in early before this thing really takes off.

[Armanis]

five days 1GH with n-factor is certainly a good start good work

[FreeJack2k2]

LOL...man look at all those fools dumping their coins. You mine these at low difficulty and get a ton of them, only to turn around and dump them at the worst price you will EVER get for them? A lot of people don't understand the economics of mining very well, I guess.

[mallocdotc]

Wow, I missed this launch. What's it offer that VTC doesn't already? Just an opportunity for early miners to dump? Or something more?