ANN-EMC2 Einsteinium FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY KMD-dPoW

[ThePatient]

Why hasn't Poloniex added EMC2 logo to their main page yet?

[spicelord]

Why hasn't Poloniex added EMC2 logo to their main page yet?

Not sure but several of the coins listed there don't have icons such as HIRO

[qiwoman]

EMC2 is very popular now on Poloniex. That is how I got more interested in the coin. I did see it on the faucets a while back and hatched a few but am thinking to get more seriously involved in this coin as it has a big community of serious minded Coin enthusiasts.

[Bobsurplus]

Why hasn't Poloniex added EMC2 logo to their main page yet?

Busoni promised me its on his to do list, I bust their chops daily to make it happen.. I'm on it!

But it pisses me off too a bit!

[blinkxzero]

EMC2 is very popular now on Poloniex. That is how I got more interested in the coin. I did see it on the faucets a while back and hatched a few but am thinking to get more seriously involved in this coin as it has a big community of serious minded Coin enthusiasts.

I'm somewhat suprised the coin has gotten as large as it did. I remember during the launch things weren't looking so great but now I feel like the community has made it so strong.

[einsteinium]

EMC2 is very popular now on Poloniex. That is how I got more interested in the coin. I did see it on the faucets a while back and hatched a few but am thinking to get more seriously involved in this coin as it has a big community of serious minded Coin enthusiasts.

Thanks Qiwoman,

We sure are a proud community who always looks out for each other.

I hope you chose to get into our coin and wonderful community.

Talk to you soon.

[einsteinium]

EMC2 is very popular now on Poloniex. That is how I got more interested in the coin. I did see it on the faucets a while back and hatched a few but am thinking to get more seriously involved in this coin as it has a big community of serious minded Coin enthusiasts.

I'm somewhat suprised the coin has gotten as large as it did. I remember during the launch things weren't looking so great but now I feel like the community has made it so strong.

Hey bud, What did you mean.. I though we had a great launch!

[ThePatient]

Why hasn't Poloniex added EMC2 logo to their main page yet?

Not sure but several of the coins listed there don't have icons such as HIRO

Hm, interesting.

[chocobo]

One upside to switching to x11 is that x11 is all the rage right now and x11 coins or any anti scrypt asic coins are gaining hype and value. Just by forking to x11 we could get a 5x or even bigger market cap.That would put emc2 even more on the radar. Something to think about. I know that we aren't as focused on price as other coins but bottom line is our donations get bigger. My opinion is that emc2 can get to 4k sats with a small amount of hype.

The only other question I have is can scrypt survive ASIC? Bitcoin did, but bitcoin was everyones end goal and honestly it still is. Is there even an alt out there that people with ASICs will see as more valuable than BTC? I don't even think litecoin is big enough. To me the question is will people stick with scrypt long enough for ASICs to strengthen it. BTC did. But BTC was always the endgoal.

Now if the devs really do have some ASICs coming to spread the hashrate and hold emc2 then thats a different story

[BTCarchitect]

You got my attention.
I like everything about this coin and will start mining it but could the dev give us an update on whats being done? Is the dev active?
How can we contribute other then buying, voting and mining?
Is there a plan?
Whats the next cause we can support?

If 50 million are already mined, at a rate of 380 sat, thats 190 BTC...where are these BTC? Bagholders?
If 2.5% is donated, that means the foundation only has 3.5 BTC to contribute to a cause...that is not much

These are just raw numbers off the top of my head, so I could be wrong in one or another

Anyway and as I said, I really like it would love to get involved

Cheers

[einsteinium]

LOL, you sound just like someone I was talking to 3 minutes ago on poloniex.. Give me a second to finish what I was doing and I'll answer your questions.

[greentea]

Here's an interesting read on X11, another algo to look at is Quark, which uses 9 rounds of hashing from 6 hashing functions, but includes 3 rounds of random hashing unlike X11 which is just stacking algos together in a linear function.

https://bitcointalk.org/index.php?topic=556277.0

[einsteinium]

You got my attention.
I like everything about this coin and will start mining it but could the dev give us an update on whats being done? Is the dev active?
How can we contribute other then buying, voting and mining?
Is there a plan?
Whats the next cause we can support?

If 50 million are already mined, at a rate of 380 sat, thats 190 BTC...where are these BTC? Bagholders?
If 2.5% is donated, that means the foundation only has 3.5 BTC to contribute to a cause...that is not much

These are just raw numbers off the top of my head, so I could be wrong in one or another

Anyway and as I said, I really like it would love to get involved

Cheers

Hey Architect,

It happy to see you finally came around. This coin is great, the community is great, the concept is great and we are poised to do great things in the name of science.

We have a very active dev team of about 8 members, located all around the world (UK, Romania, Canada, USA, Taiwan and Italy) working all day on our coin. Currently were working on a few wallet updates, one will be released very soon as well as a better looking blockchain explorer. There are other changes in the works but for now I cant mention any of them

As for supporting our coin, besides mining, buying and voting you can tell all your friends, create cool threads about us. Get more people interested and asking questions.

For supporting causes, the best way to do this now is to nominate your favorite project that you believe deserves our funding. This can be done here: http://einsteinium.org/submit-a-project/


The donation we made to our first winner Dr Watler Moss was for $1000 USD, while its not much it was half of his goal, for a coin of only 25 days old at the time I believe that's a great step in the right direction. We also ran a fundraiser where we raised over 300K EMC2 on top of the $1000 donation.

Bagholders... where are they indeed? I happen to know that the team members have bought a massive amount of coins. We all believe deeply in out motto "funding the future with the future of currency" and we are HODLing for the long run.

Hope this answered all your questions, If you have any more feel free to ask.

[praxiscat]

You got my attention.
I like everything about this coin and will start mining it but could the dev give us an update on whats being done? Is the dev active?
How can we contribute other then buying, voting and mining?
Is there a plan?
Whats the next cause we can support?

If 50 million are already mined, at a rate of 380 sat, thats 190 BTC...where are these BTC? Bagholders?
If 2.5% is donated, that means the foundation only has 3.5 BTC to contribute to a cause...that is not much

These are just raw numbers off the top of my head, so I could be wrong in one or another

Anyway and as I said, I really like it would love to get involved

Cheers

Hey Architect,

It happy to see you finally came around. This coin is great, the community is great, the concept is great and we are poised to do great things in the name of science.

We have a very active dev team of about 8 members, located all around the world (UK, Romania, Canada, USA, Taiwan and Italy) working all day on our coin. Currently were working on a few wallet updates, one will be released very soon as well as a better looking blockchain explorer. There are other changes in the works but for now I cant mention any of them

As for supporting our coin, besides mining, buying and voting you can tell all your friends, create cool threads about us. Get more people interested and asking questions.

For supporting causes, the best way to do this now is to nominate your favorite project that you believe deserves our funding. This can be done here: http://einsteinium.org/submit-a-project/


The donation we made to our first winner Dr Watler Moss was for $1000 USD, while its not much it was half of his goal, for a coin of only 25 days old at the time I believe that's a great step in the right direction. We also ran a fundraiser where we raised over 300K EMC2 on top of the $1000 donation.

Bagholders... where are they indeed? I happen to know that the team members have bought a massive amount of coins. We all believe deeply in out motto "funding the future with the future of currency" and we are HODLing for the long run.

Hope this answered all your questions, If you have any more feel free to ask.

To add to what Bob said, there is the dev team, but there is also the marketing team, and the nonprofit foundation itself. There are also a few science advisers, which I have been recruiting.

We are also in the midst of developing a relationship with experiment.com, they like us.

I have to note, I am one of those bagholders myself. This is not a pump and dump with just one dev, there are a number of people involved in making things happen, not only for the coin and it's health, but also to meet the foundation mission.

Also for clarity, the amount we raised for Walter was $1550. $550 for the fundraiser we had. $1000 for the award.

[bitminton]

Love how respectful and healthy our community is, compared to most of the other threads here!

Just two things:
- Wordpress nav-bar was viewable again
- I'm missing the informations on the website, how long projects can be submitted or what the general timeframe is for submitting/voting or how long crowdfunding projects must run at least, to be in this timeframe. This would be really helpful for newly attracted people or old hands.

[etoque]

We need to hit popular science magasine/newspaper ! It will be skyrocket the price like blackcoin with his news on wallstreetjournal.

Lets start the wheel! hit popular newspapper = skyrocket the price = more found to research = more visibility = more higher price = profit + help science !

 

[gizz_]

we need translations to the other languages.

[ma72835]

we need translations to the other languages.

The translations for Chinese, Simplified and Chinese, Traditional are available.

欢迎各位参考EMC2中文网站：
http://einsteinium.org/cn 健体中文
http://einsteinium.org/tw 繁體中文

[techbytes]

by the way:

stay away from http://emc2.cryptopools.com/

they advertise on their home page awards for finding blocks and I found blocks but 'to my knowledge' have never seen the rewards posted into my transactions.

they can correct me if I'm wrong but there are no transactions listed showing any bonuses.

This promotion has ended, yes they should update their page. I did receive 6300 EMC2 in block finder bonuses from this pool. I have been very happy mining here and getting all payouts as expected. You can look in the threads here and see when they did give notice that the bonus has ended.

how do you know it ended?

how is anyone suppose to know it ended?

I'm glad I jumped ship - I don't like doing business with a company who can;t even find the time to update it's home page.

what? I'm supposed to search thousands of friggin threads when they could spend one minute making a change? NO THANKS!

I'm back on emc2.lifeforce.info

Page 121 https://bitcointalk.org/index.php?topic=494708.msg5893531#msg5893531

"Bonus blocks ended on CryptoPools.  Gave out an extra 5700 EMC2 so 55,700 EMC2 total was given out." posted on March 25, 2014 Post #2409

thanks but leaving it posted on their home page  constitutes false and misleading advertising - I even went to the trouble of emailing them yesterday and NEVER GOT A RESPONSE!

I did have it on the message of the day for a few weeks but yes I should have just posted on the homepage.  Was an oversight and not meant to mislead miners.  PM me your username, you will be credited with all the bonus blocks you found.


-tb-

Edit:  PM you as well, just in case you miss this post. 

[HwM]

For now I stopped mining EMC2 and started mining non-scrypt coins (keccak, x11, etc). It’s a simple matter of competitive advantage really, basic economic theory (holding a masters in economics… for what it’s worth… mining crypto’s for fun did make me think of my education). As a GPU miner you’re easily outperformed by ASIC miners at lower costs. Acquiring the same coins with only a fraction of the electricity costs will allow ASIC miners for example to sell with a profit at lower prices or mine an x-fold of what you mine using an equal amount of electricity.  The cost of running is much, much lower, of course when taking the initial investment into account, the equation is a little different. But in that respect if the ASIC’s are bought and operational, the initial expenditure is considered sunk costs. Meaning, if mining the same scrypt coin, you compete at variable costs only. From a GPU miner’s perspective, that competition is lost.

I still consider EMC2 a very good coin and support it any chance I get, exchange voting, I advertise it among friends, not selling my stack, but I will not show my support mining. Like I said, I pointed my modest mining rig (4 x R9 290) somewhere else, with a level playing field, e.g. a –for the time being-ASIC resistant coin.

Furthermore the argument: “The Titans are not yet available”, is quite lousy. In trading everything is anticipation, future gains or losses are represented in current prices. When the FED makes an announcement it affects current stock and derivative prices straight away, not when an announced measure is actually implemented. So the fact that scrypt mining gear is available in the near future is enough to prevent a gradual and healthy uptrend, a potential that EMC2 has.