cgminer-o
Sr. Member
Offline
Activity: 350
Merit: 250
1$ =1 MEC 2013 (2,56 $) 5$ =1MEC 2014 ?
|
|
April 15, 2014, 11:11:12 AM |
|
This is only the beginning. I wonder if the PoS really works. Here it chooses.
|
|
|
|
|
Majormax
Legendary
Offline
Activity: 2534
Merit: 1129
|
|
April 15, 2014, 12:26:17 PM |
|
What is the abbreviation ECC, who can tell me what it is meaning.
Energy Conservation Coin, ECommerce Coin.
|
|
|
|
hazryder
|
|
April 15, 2014, 01:05:01 PM |
|
24 Hour Volume: 345.495 BTC
Jesus, looks like some serious manipulation from whales.
|
|
|
|
hostmaster (OP)
|
|
April 15, 2014, 02:23:56 PM |
|
What is the abbreviation ECC, who can tell me what it is meaning.
Energy Conservation Coin, ECommerce Coin. Yes i like both.
|
|
|
|
hostmaster (OP)
|
|
April 15, 2014, 02:25:55 PM |
|
This is only the beginning. I wonder if the PoS really works. Here it chooses. Also few days left to see first Stakes from 42 days...
|
|
|
|
|
embraer
|
|
April 15, 2014, 03:49:10 PM |
|
|
|
|
|
Antebellum
|
|
April 15, 2014, 05:15:51 PM |
|
So how do PoS and PoW works do i have to do something with the wallet for it to work? if someone could guide me in direction where i can find out more about PoS and PoW i would be a happy panda.
|
|
|
|
altj
Newbie
Offline
Activity: 16
Merit: 0
|
|
April 15, 2014, 05:16:13 PM |
|
Yes, i explained matter in earlier posts. You explained as well. Oneday, I go to ecchose to buy its domain offered him some ecc or money, told him i have multi pool project (showed him) i plan to buy your domain so we can carry people without issue. So passing to new ecc pool could be easy.
Because when mining end, no more needed that domain, I had not good times with him late and unrelated answers then give up my idea seemed me he was a hard man to deal soon after messages with him i realized people had problems with his pool, in the end i noticed when i was testing multipool someone posted in this thread whats this pool666 i am little surprised i asked all people (beta testers) not the share this url. Because pool was not ready and could change the domain. But it happened public so i no hide it in video. Anyway i understood ecchouse redirected his domain to our pool url. Reason behind this could be effort to show our project somehow related to his scam. Or he was trying to ask me some help. etc. Because i blocked him on skype. I really could not be sure and i posted thread if he wants i can help with his pool (maybe hacked or other technical issue related upgrade) but seems he was not interested and since then i no see any messages from him. Twitter, facebook and this thread we put warning also alerted our china QQ groups about this pool. And had to pool666 closed down only whitelisted ips can enter.
Hostmaster, can you share some details about the person that ran ECCHouse? Unless they make things right with the people mining for them, we should all be aware of who they are so we can avoid them in the future. Thanks!
|
|
|
|
takkaros
|
|
April 15, 2014, 05:36:40 PM |
|
So how do PoS and PoW works do i have to do something with the wallet for it to work? if someone could guide me in direction where i can find out more about PoS and PoW i would be a happy panda. Just keep your wallet unlocked and you you will be fine . Nothing more
|
|
|
|
kopam
|
|
April 15, 2014, 06:55:31 PM |
|
|
|
|
|
eschmenk
Member
Offline
Activity: 140
Merit: 10
|
|
April 15, 2014, 07:45:04 PM Last edit: April 15, 2014, 08:08:08 PM by eschmenk |
|
So how do PoS and PoW works do i have to do something with the wallet for it to work? if someone could guide me in direction where i can find out more about PoS and PoW i would be a happy panda. PoW (Proof of Work) refers to normal coin mining. Most coins do that. It's pretty easy to find information about it. For example, if you go to the Dogecoin Mining Subreddit, you can find information about mining DOGE. The ability to mine ECC will end in a few days. PoS (Proof of Stake) refers to something that is like gaining interest on the coins you already have. In the case of ECC, when you open your wallet and it synchronizes, any coins that have been there for over 42 days will earn more coins at the equivalent of a 21%/year interest rate. (The rate will reduce in future years.) You can't earn more than 84 days worth of interest at a time though, so you will want to open your wallet at least every month or so. I have yet to find anything that explains how this works in detail for any coin, though. Other coins do it and people seem happy, so it must work.
|
DOGE: D6LQ9A9XFgxKxwPRJZKocLUgJhWtWNaFcb ECC: EX5YjWshEuJAed2tdu1ianrwMuP3fCSgsT EMC2: ENgpQLmP9kLhTKfnEJQgSoJB1FJGKcP7z8
|
|
|
eschmenk
Member
Offline
Activity: 140
Merit: 10
|
|
April 15, 2014, 07:51:10 PM |
|
Hostmaster, can you share some details about the person that ran ECCHouse? Unless they make things right with the people mining for them, we should all be aware of who they are so we can avoid them in the future.
Thanks!
It's a basic fact that you can't know who anyone on the internet really is. (Even if you once knew, someone else could hack their accounts and take over.) People who are scammers know how to fake identities and hide their own. There is unfortunately no point in asking.
|
DOGE: D6LQ9A9XFgxKxwPRJZKocLUgJhWtWNaFcb ECC: EX5YjWshEuJAed2tdu1ianrwMuP3fCSgsT EMC2: ENgpQLmP9kLhTKfnEJQgSoJB1FJGKcP7z8
|
|
|
gondel
Legendary
Offline
Activity: 1960
Merit: 1005
|
|
April 15, 2014, 08:15:10 PM |
|
Th price of this coin will go much higher! Just follow it and you will see I am sure
|
|
|
|
eschmenk
Member
Offline
Activity: 140
Merit: 10
|
|
April 15, 2014, 08:27:07 PM Last edit: April 15, 2014, 09:04:53 PM by eschmenk |
|
So what's up with you. 7 hours, 745khah/s --> 3843 ECC? Blocks are being found all the time Time Since Last Block 15 minutes 18 seconds The answers are on their website. You only need to look at one page. Note how high the green line is on their block statistics page. People who found shares before the first block was found were still getting a cut on blocks that were found later. That's because it supposedly took 22 times the average number of shares to find that block. Until the green line dips all the way down to where the other lines are, you will be earning ECC on a very delayed basis. That's just how variable PPLNS works. (Don't ask if it really took that long to find the first block. That seems a bit suspicious to me, but it's possible. You might want to check and see who earned the shares for that block.) On top of that, according to the same page, they had a run of bad luck right when you started mining. Yes, they found a block recently, but they went several hours without finding a block before that. Earlier, they found several blocks quickly, but that was right before you started mining. That looks like normal variability to me. Of course, yet another problem is the cherry-picking that I've already mentioned a few dozen times. As the same page shows, of all the blocks that pool has managed to find, only one of them was over 200,000 ECC and it was just barely over. So the pool is getting much less ECC per block than it would be getting if ECC could be mined fairly. Between those three things, it's no wonder that you weren't credited with many ECC. The good news is that you would probably still earn some ECC for the first few blocks that will be found after you quit, if you quit now. That effect will be less as the green line drops, though. And of course it won't happen at all once the PoW phase ends.
|
DOGE: D6LQ9A9XFgxKxwPRJZKocLUgJhWtWNaFcb ECC: EX5YjWshEuJAed2tdu1ianrwMuP3fCSgsT EMC2: ENgpQLmP9kLhTKfnEJQgSoJB1FJGKcP7z8
|
|
|
altj
Newbie
Offline
Activity: 16
Merit: 0
|
|
April 15, 2014, 08:32:03 PM |
|
Hostmaster, can you share some details about the person that ran ECCHouse? Unless they make things right with the people mining for them, we should all be aware of who they are so we can avoid them in the future.
Thanks!
It's a basic fact that you can't know who anyone on the internet really is. (Even if you once knew, someone else could hack their accounts and take over.) People who are scammers know how to fake identities and hide their own. There is unfortunately no point in asking. Actually, Eric, that's only a basic fact to those that don't want to try.
|
|
|
|
LuckyKey
|
|
April 15, 2014, 08:39:54 PM |
|
What's up with http://ecc.okaypool.com ?! I have not been able to release my coins for a couple of days? Have mined hundreds of thousands? Is it a scam? Site indicates email confirmation to setup withdrawal, but no emails have been sent. Used the web form to contact them, but no reply. Looks like a big scam site? Any others? Feedback?
|
|
|
|
ficklepickle
|
|
April 15, 2014, 08:43:17 PM |
|
Lots of multipools dumping ECC, so after the POS starts we will see how much that was holding ECC back.
|
|
|
|
organizer
|
|
April 15, 2014, 08:43:22 PM |
|
What's up with http://ecc.okaypool.com ?! I have not been able to release my coins for a couple of days? Have mined hundreds of thousands? Is it a scam? Site indicates email confirmation to setup withdrawal, but no emails have been sent. Used the web form to contact them, but no reply. Looks like a big scam site? Any others? Feedback? i've used okaypool many times on different coins, i'd be surprised if it was a "scam"... did you check spam/junk folder? if not try to PM an admin here.
|
|
|
|
|