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Author Topic: ANN-EMC2 Einsteinium FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY KMD-dPoW  (Read 1076342 times)
Amph
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March 01, 2014, 06:32:54 PM
 #21

mining.

this guy probably have 1M coin lol
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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coolisbad
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March 01, 2014, 06:35:03 PM
 #22

Blocks that show up in your wallet when mining then disappear are orphans, correct?  Also, is there a way to reduce them?

no, it simply mean that someone is faster

Yes, they are orphans.
No you can't do much about it, short of getting on a ultra-low latency terrabit connection (to beat the other solved blocks to the confirmations) or scale up your hashing power (to increase the number of solved blocks and hence the number of submit attempts. Smiley
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March 01, 2014, 06:36:01 PM
 #23

Donation to The Einsteinium Charitable Fund (per block)   2%
To Faucets, give-aways and marketing (per block)   0.5%
Premine   NONE


So the true premine is 2.5%.
Well, its not actually a premine. Coins go to charitable fund/faucets etc. from each block, so developer doesnt have any coins yet?

Means there cant be any big dumps when this hit exchanges which is the case with "normal premine" where developer holds most of the coins in circulation

BTC: 19GwYWZjY3RczZFCS7S64AikrARuyZ7Zoc
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March 01, 2014, 06:39:24 PM
 #24

Donation to The Einsteinium Charitable Fund (per block)   2%
To Faucets, give-aways and marketing (per block)   0.5%
Premine   NONE


So the true premine is 2.5%.

Nope, not at all, those &s are transfred on a block by block basis, there is no pre-mine.

Please take a second to visit the official web site and have a look at how we plan to distribute the 2% that is donated into the Einsteinium Fund (www.einsteinium.org) the 0.5% will all go to faucets and give-aways as stated.


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March 01, 2014, 06:39:28 PM
 #25

I will probably die before this coin gets 100% mined. Cheesy

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March 01, 2014, 06:39:36 PM
 #26

How to solo mine? What should I put in config file?

I entered a command in console "setgenerate true"
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March 01, 2014, 06:39:38 PM
 #27

scam coin junk .....


fair launch hhahahahhahahhaahhahahahaahahah wtf.  


Scam launch so we can mine it instantly on top of the premine suckers.


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March 01, 2014, 06:40:42 PM
 #28

Fair launch, 2 blocks mined when I started.

IMO all coins should be released like this, with no pre-ann etc. Those launches are 98% unfair/fucked up

Diff is still relatively low for people to join:

{
"blocks" : 686,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.03697243,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 21246886,
"pooledtx" : 0,
"testnet" : false
}

BTC: 19GwYWZjY3RczZFCS7S64AikrARuyZ7Zoc
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March 01, 2014, 06:42:01 PM
 #29

Donation to The Einsteinium Charitable Fund (per block)   2%
To Faucets, give-aways and marketing (per block)   0.5%
Premine   NONE

So the true premine is 2.5%.
Means there cant be any big dumps when this hit exchanges which is the case with "normal premine" where developer holds most of the coins in circulation

Main difference from pre-mine well pointed out. And it's actually a nice innovation if you really have to put aside some coins. I haven't seen it anywhere else.
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March 01, 2014, 06:43:09 PM
 #30

Donation to The Einsteinium Charitable Fund (per block)   2%
To Faucets, give-aways and marketing (per block)   0.5%
Premine   NONE

So the true premine is 2.5%.
Means there cant be any big dumps when this hit exchanges which is the case with "normal premine" where developer holds most of the coins in circulation

Main difference from pre-mine well pointed out. And it's actually a nice innovation if you really have to put aside some coins. I haven't seen it anywhere else.
Yep. Obviously there has to be some way to confirm that those coins do actually go to charitable fund etc. where coins are supposed to go.

BTC: 19GwYWZjY3RczZFCS7S64AikrARuyZ7Zoc
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March 01, 2014, 06:43:26 PM
 #31

Mining away Wink

Happy sat!
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March 01, 2014, 06:44:23 PM
 #32

Fair launch, 2 blocks mined when I started.

IMO all coins should be released like this, with no pre-ann etc. Those launches are 98% unfair/fucked up

Hehe what a shock you approve after apparently syncing up on block 2

LUCKILY though, everyone else who did NOT sync on block 2 or before the diff rocketed will bust this scam coin dead in a few hours.

Synced on block 2 lol ... diff was about 0.000000002 then so congratulations you scammed a ton of easy blocks that will now be worth zero.

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March 01, 2014, 06:45:36 PM
 #33

How to solo mine? What should I put in config file?

I entered a command in console "setgenerate true"
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March 01, 2014, 06:45:46 PM
 #34

mining.

this guy probably have 1M coin lol

haha my hashpower is not that high Cheesy Far from 1m
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March 01, 2014, 06:46:54 PM
 #35

Hehe what a shock you approve after apparently syncing up on block 2

LUCKILY though, everyone else who did NOT sync on block 2 or before the diff rocketed will bust this scam coin dead in a few hours.

Synced on block 2 lol ... diff was about 0.000000002 then so congratulations you scammed a ton of easy blocks that will now be worth zero.
What? I have gotten 15 blocks (so I have 15k coins) and started on block 2 with single 280x. Diff has been relatively low and still is.

Would you have preferred pre-announce and a fucked up launch like quarkbar? I've agreed with you on most of scamcoins/shitty launches but I just dont see how this is one.

BTC: 19GwYWZjY3RczZFCS7S64AikrARuyZ7Zoc
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March 01, 2014, 06:47:07 PM
 #36

Congrats for a fair launh finally. This day sucked in term of coins, except this
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March 01, 2014, 06:47:45 PM
 #37

Hehe what a shock you approve after apparently syncing up on block 2

LUCKILY though, everyone else who did NOT sync on block 2 or before the diff rocketed will bust this scam coin dead in a few hours.

Synced on block 2 lol ... diff was about 0.000000002 then so congratulations you scammed a ton of easy blocks that will now be worth zero.


I synced up at block 157

Code:
{
"blocks" : 157,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 0.00024414,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 585252,
"pooledtx" : 0,
"testnet" : false
}


solo mine einsteinium.conf
Code:
listen=1
daemon=1
server=1
gen=0
rpcuser=user
rpcpassword=pass
rpcport=10254
rpcconnect=127.0.0.1

startmining.bat
Code:
cgminer --scrypt -o http://127.0.0.1:10254 -u user -p pass


current block
Code:
{
"blocks" : 727,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.19075271,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 33899124,
"pooledtx" : 0,
"testnet" : false
}


EMC2: ELUJ7kEVxLFWfkUdSmt54dyWG8VEiTaNxq
einsteinium (OP)
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March 01, 2014, 06:49:06 PM
 #38

How to solo mine? What should I put in config file?

I entered a command in console "setgenerate true"

For solo CPU mining that will be fine. The wallet automatically connects to the nodes do no need for a .conf file. Smiley

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March 01, 2014, 06:49:11 PM
 #39

Hehe what a shock you approve after apparently syncing up on block 2

LUCKILY though, everyone else who did NOT sync on block 2 or before the diff rocketed will bust this scam coin dead in a few hours.

Synced on block 2 lol ... diff was about 0.000000002 then so congratulations you scammed a ton of easy blocks that will now be worth zero.
What? I have gotten 15 blocks (so I have 15k coins) and started on block 2 with single 280x. Diff has been relatively low and still is.

Would you have preferred pre-announce and a fucked up launch like quarkbar? I've agreed with you on most of scamcoins/shitty launches but I just dont see how this is one.


he is just mad that he was too late .

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March 01, 2014, 06:51:24 PM
 #40

EPrnaufqT6iVNnF2E8koKrP1QbQkQ1qEvN

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