Tweek
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April 28, 2014, 04:06:15 PM |
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Ok we have some great news everybody.. you can now mine 365Coin via the scrypt algo! 365Coin is now a payout option at one of the best performing profit-switching scrypt multipools, https://hashco.ws
Put your gridseeds to work mining 365! Impressive! Agree First Keccak coin on Hashcows How exactly does that work, another algorithm in between the scrypt mining pool? We've got 50 mined 365Coins already...
I've got nothing anymore since Mingopool doesn't pay-out. All payouts will be made before 1 may. Good to hear from you, too bad that it is too late in my opinion. As far as I can read in the thread the complaints go back at least a week and I couldn't see any reply from you besides the talk about the fork where you claimed it was fixed.
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procrypto
Full Member
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Activity: 224
Merit: 100
Shitcoin Maximalist
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April 28, 2014, 04:11:53 PM |
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Ok we have some great news everybody.. you can now mine 365Coin via the scrypt algo! 365Coin is now a payout option at one of the best performing profit-switching scrypt multipools, https://hashco.ws
Put your gridseeds to work mining 365! Impressive! Agree First Keccak coin on Hashcows How exactly does that work, another algorithm in between the scrypt mining pool? You mine just like any other Hashcows multipool user, with scrypt - but at payout time, your BTC revenue is converted into 365Coin and paid out to you.
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usurytiger
Newbie
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Activity: 42
Merit: 0
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April 28, 2014, 04:16:49 PM |
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Ok we have some great news everybody.. you can now mine 365Coin via the scrypt algo!
365Coin is now a payout option at one of the best performing profit-switching scrypt multipools, [Suspicious link removed]
Put your gridseeds to work mining 365!
Impressive! Agree First Keccak coin on Hashcows How exactly does that work, another algorithm in between the scrypt mining pool? You mine just like any other Hashcows multipool user, with scrypt - but at payout time, your BTC revenue is converted into 365Coin and paid out to you. Does not sound good with steady growing 365 and falling BTC, you'll be grabbing a 1/10 of 365's at the end of day tmrw.
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nearmiss
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April 28, 2014, 04:20:29 PM |
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Ok we have some great news everybody.. you can now mine 365Coin via the scrypt algo!
365Coin is now a payout option at one of the best performing profit-switching scrypt multipools, [Suspicious link removed]
Put your gridseeds to work mining 365!
Impressive! Agree First Keccak coin on Hashcows How exactly does that work, another algorithm in between the scrypt mining pool? You mine just like any other Hashcows multipool user, with scrypt - but at payout time, your BTC revenue is converted into 365Coin and paid out to you. Does not sound good with steady growing 365 and falling BTC, you'll be grabbing a 1/10 of 365's at the end of day tmrw. Not sure what your trying to say....if you have btc to buy 365, then of course, buy it now while its cheap....what relation does that have to using scrypt mining power to obtain more 365? What will you use that mining power for that would somehow get you cheaper 365 right now?
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Profit-Switching Pool w/ Vardiff -> http://hashco.ws Optionally keep the alts we mine or auto-trade for BTC. In addition can be paid out in any of: 365, AC, BC, BTC, C2, CINNI, COMM, FAC, HBN, MINT, PMC, QRK, RDD, WC, XBC
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usurytiger
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Activity: 42
Merit: 0
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April 28, 2014, 04:27:13 PM |
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Ok we have some great news everybody.. you can now mine 365Coin via the scrypt algo!
365Coin is now a payout option at one of the best performing profit-switching scrypt multipools, [Suspicious link removed]
Put your gridseeds to work mining 365!
Impressive! Agree First Keccak coin on Hashcows How exactly does that work, another algorithm in between the scrypt mining pool? You mine just like any other Hashcows multipool user, with scrypt - but at payout time, your BTC revenue is converted into 365Coin and paid out to you. Does not sound good with steady growing 365 and falling BTC, you'll be grabbing a 1/10 of 365's at the end of day tmrw. Not sure what your trying to say....if you have btc to buy 365, then of course, buy it now while its cheap....what relation does that have to using scrypt mining power to obtain more 365? What will you use that mining power for that would somehow get you cheaper 365 right now? The single fact, that 365 is now 2x to BTC from morning, and that multipools are paying once per 24h converting that moment BTC value to Alt (at 10x higher price of 365 from that you mined 23h 59m ago). I would consider multipool only after first week histeria end and price stabilisation on Mintpal.
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nearmiss
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April 28, 2014, 04:31:39 PM |
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Ok we have some great news everybody.. you can now mine 365Coin via the scrypt algo!
365Coin is now a payout option at one of the best performing profit-switching scrypt multipools, [Suspicious link removed]
Put your gridseeds to work mining 365!
Impressive! Agree First Keccak coin on Hashcows How exactly does that work, another algorithm in between the scrypt mining pool? You mine just like any other Hashcows multipool user, with scrypt - but at payout time, your BTC revenue is converted into 365Coin and paid out to you. Does not sound good with steady growing 365 and falling BTC, you'll be grabbing a 1/10 of 365's at the end of day tmrw. Not sure what your trying to say....if you have btc to buy 365, then of course, buy it now while its cheap....what relation does that have to using scrypt mining power to obtain more 365? What will you use that mining power for that would somehow get you cheaper 365 right now? The single fact, that 365 is now 2x to BTC from morning, and that multipools are paying once per 24h converting that moment BTC value to Alt (at 10x higher price of 365 from that you mined 23h 59m ago). I would consider multipool only after first week histeria end and price stabilisation on Mintpal. - who says multipools are paying once per 24h converting at that moment btc to alt? - are you suggesting if not using the multipool (and we are assuming this is hashpower that can't otherwise mine keccak), that you'd be converting whatever alternative you were mining so quickly and consistently from alt to btc, to be able to buy more efficiently throughout the day? Sure, if you've got that time and effort, more power to you.
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Profit-Switching Pool w/ Vardiff -> http://hashco.ws Optionally keep the alts we mine or auto-trade for BTC. In addition can be paid out in any of: 365, AC, BC, BTC, C2, CINNI, COMM, FAC, HBN, MINT, PMC, QRK, RDD, WC, XBC
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usurytiger
Newbie
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Activity: 42
Merit: 0
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April 28, 2014, 04:40:50 PM |
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Ok we have some great news everybody.. you can now mine 365Coin via the scrypt algo!
365Coin is now a payout option at one of the best performing profit-switching scrypt multipools, [Suspicious link removed]
Put your gridseeds to work mining 365!
Impressive! Agree First Keccak coin on Hashcows How exactly does that work, another algorithm in between the scrypt mining pool? You mine just like any other Hashcows multipool user, with scrypt - but at payout time, your BTC revenue is converted into 365Coin and paid out to you. Does not sound good with steady growing 365 and falling BTC, you'll be grabbing a 1/10 of 365's at the end of day tmrw. Not sure what your trying to say....if you have btc to buy 365, then of course, buy it now while its cheap....what relation does that have to using scrypt mining power to obtain more 365? What will you use that mining power for that would somehow get you cheaper 365 right now? The single fact, that 365 is now 2x to BTC from morning, and that multipools are paying once per 24h converting that moment BTC value to Alt (at 10x higher price of 365 from that you mined 23h 59m ago). I would consider multipool only after first week histeria end and price stabilisation on Mintpal. - who says multipools are paying once per 24h converting at that moment btc to alt? - are you suggesting if not using the multipool (and we are assuming this is hashpower that can't otherwise mine keccak), that you'd be converting whatever alternative you were mining so quickly and consistently from alt to btc, to be able to buy more efficiently throughout the day? Sure, if you've got that time and effort, more power to you. Agree with you only if you have GridSeeds, otherwise it's 1/10 by the payout schedule time....tmrw at 24PM. Actually do that...so Multipool will buy at Ask price on Mintpal and make price even higher...for me
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nearmiss
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April 28, 2014, 04:50:44 PM |
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Actually do that...so Multipool will buy at Ask price on Mintpal and make price even higher...for me Yes, yes it will
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Profit-Switching Pool w/ Vardiff -> http://hashco.ws Optionally keep the alts we mine or auto-trade for BTC. In addition can be paid out in any of: 365, AC, BC, BTC, C2, CINNI, COMM, FAC, HBN, MINT, PMC, QRK, RDD, WC, XBC
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usurytiger
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April 28, 2014, 05:01:07 PM |
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The issue is that you will probably stuck with no payout for a week. In a meanwhile they will simply pump-dump with your money.
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procrypto
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Merit: 100
Shitcoin Maximalist
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April 28, 2014, 05:05:34 PM |
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The issue is that you will probably stuck with no payout for a week. In a meanwhile they will simply pump-dump with your money.
What are you talking about? No payout for a week from where? Who will pump dump with your money? You need to clarify what you are talking about.
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usurytiger
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April 28, 2014, 05:20:53 PM |
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The issue is that you will probably stuck with no payout for a week. In a meanwhile they will simply pump-dump with your money.
What are you talking about? No payout for a week from where? Who will pump dump with your money? You need to clarify what you are talking about. Any new pool in general has no liquid assets. So its common practice for new Pool to disable payouts for first day-two. In our situation we are talking about the Multipool having no 365c at all (not now not in perspective), so it needs to buy it. In place of Multipool operator any person seeing the price is risen will play with Scrypt Alt (you mined) and wait for 365 price to stabilise. Most probably they will try also to pump-dump on 365c to catch an exploding train.
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procrypto
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Merit: 100
Shitcoin Maximalist
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April 28, 2014, 05:37:59 PM |
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The issue is that you will probably stuck with no payout for a week. In a meanwhile they will simply pump-dump with your money.
What are you talking about? No payout for a week from where? Who will pump dump with your money? You need to clarify what you are talking about. Any new pool in general has no liquid assets. So its common practice for new Pool to disable payouts for first day-two. In our situation we are talking about the Multipool having no 365c at all (not now not in perspective), so it needs to buy it. In place of Multipool operator any person seeing the price is risen will play with Scrypt Alt (you mined) and wait for 365 price to stabilise. Most probably they will try also to pump-dump on 365c to catch an exploding train. You realise a few things though right? 1) Hashcows is not a new pool, its one of the most established, popular and successful scrypt multipools out there. 2) They only need to buy enough 365Coin to cover the BTC that would have otherwise been paid out to the users who have requested 365Coin payouts instead. This isn't going to be a vast sum right now, there are only a few people taking 365Coin instead of BTC. There will be no problems buying this 365Coin with current levels of market liquidity. 3) Scrypt alts you mined are traded according to Hashcows trading strategy, this doesn't change whether you take BTC, 365, BC or any other coin for that matter. The only time Hashcows trading strategy is irrelevant is when you are keeping the alts for yourself, which is one of the unique features of this particular multipool. Their trading strategy is designed to maximise your ultimate final payout, whether thats BTC or anything else. 4) They have no reason for interest in pumping or dumping 365Coin. They just pay out in the currency you have chosen. I think you're looking for conspiracy or problems where there are none.
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usurytiger
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April 28, 2014, 05:43:38 PM |
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You realise a few things though right?
1) Hashcows is not a new pool, its one of the most established scrypt multipools out there. 2) They only need to buy enough 365Coin to cover the BTC that would have otherwise been paid out to the users who have requested 365Coin payouts instead. This isn't going to be a vast sum right now, there are only a few people taking 365Coin instead of BTC. There will be no problems buying this 365Coin in with current levels of market liquidity. 3) Scrypt alts you mined are traded according to Hashcows trading strategy, this doesn't change whether you take BTC, 365, BC or any other coin for that matter. The only time Hashcows trading strategy is irrelevant is when you are keeping the alts for yourself, which is one of the unique features of this particular multipool. Their trading strategy is designed to maximise your ultimate final payout, whether thats BTC or anything else. 4) They have no reason for interest in pumping or dumping 365Coin. They just pay out in the currency you have chosen.
I think you're looking for conspiracy or problems where there are none.
You are so naive my friend. Do what you think...as I said its in my interest everybody will move their hash to Scrypt Multipool. It will only add a momentum to 365c rise (which I bought in for all my BTC).
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procrypto
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Shitcoin Maximalist
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April 28, 2014, 05:47:36 PM |
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I've only been mining with Hashcows and hanging out in their IRC channel for 6 months, what do I know? as I said its in my interest everybody will move their hash to Scrypt Multipool. It will only add a momentum to 365c rise (which I bought in for all my BTC).
Exactly, so I'm still not sure what point you are trying to make, but I've stopped trying to understand now. I give up. Happy mining/trading/moaning!
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usurytiger
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April 28, 2014, 06:09:36 PM Last edit: April 28, 2014, 06:19:55 PM by usurytiger |
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I've only been mining with Hashcows and hanging out in their IRC channel for 6 months, what do I know? as I said its in my interest everybody will move their hash to Scrypt Multipool. It will only add a momentum to 365c rise (which I bought in for all my BTC).
Exactly, so I'm still not sure what point you are trying to make, but I've stopped trying to understand now. I give up. Happy mining/trading/moaning! And shame on all Alts on the Multipool, whom difficulty will be risen proportionally to 365c price...making them unprofitable
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usurytiger
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April 28, 2014, 06:59:19 PM |
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1 hour left for..."And the Oscar goes to". Countdown...
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Strugg
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NAV Coin [NAV]
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April 28, 2014, 08:03:14 PM |
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"Congratulations to 365Coin for winning today's vote! We will be adding the market soon. " It's happening!
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usurytiger
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April 28, 2014, 08:04:22 PM |
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"MintPal @MintPalExchange 1m Congratulations to 365Coin for winning today's vote! We will be adding the market soon."
Last 5 votes to 99k were mine. Please give me prize...
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365Coin (OP)
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April 28, 2014, 08:04:59 PM |
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Also confirmed on IRC. 20:04 <@MintPal-Jay> Congrats to 365Coin for winning today's vote, we will be adding the market soon Well done all!
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saperka
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April 28, 2014, 08:06:14 PM |
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I wonder when exactly is "soon"
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