[ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast

[zelante]

who dares,wins

[1713871609]

1713871609

[1713871609]

1713871609

[1713871609]

1713871609

[drukoz]

not very nice view with the price of HVC, but anyway mostly coin following bitcoin, last night i bought more... paid 350$ for 1BTC and got 41k HVC...but that dosnt help, sell orders are small, looks like nobody wants to sell, just few miners/whales who sells with insta market orders..
anyway, still bullish in long run, if crypto market recovers after this mess..

and...

now keccak512 (devs) really could use little of that IPO fund, to buyback some HVC to support coin... atleast just help to keep the wall in ~3k

Good idea.
Time to buy.
When I was in the mining. My vote is always 1！

[reorder]

Technically speaking, the miner is required to set the vote (it is a part of hashed block header), so there is no way a pool could override that.

Yeah, I didn't mean to imply that pools override miners' votes, just that they do set a default value in the batch files / scripts they provide, hence the 'dictate' in single quotes
Though hypothetically speaking, I'd imagine it would be possible to reject submissions that disagree with a pool's 'allowed range' of votes.  Of course that also means less rewards for the pool to begin with, and miners would quickly realize and change to a different pool so that's even worse for the pool.

The point is, a pool cannot accept 'voteless' shares: these just do not exist, the vote is an integral part of a share or a block. Rejecting votes a pool does not agree with makes no sense indeed. Actually, at first my cgminer fork had the default setting for vote so it could be omitted on the commandline, but I decided to enforce setting it to play by the rules (sort of).

[cayars]

So at 80MH/s you right now would be generating about 227.74 coins per day on 4/8/14. HVC is currently trading at 0.00002933 so that is 0.006679589 BTC per day.  BTC right now is at $452 so your rig is earning $3.02 per day on average before expenses.  880W is 21.12 kWH per day.  If your electric cost is 13 cents (with all taxes included) that is $2.75 in cost per day.  You are making $0.27 per day mining HVC at present.  If you figure any type of depreciation or any other factors then you are most likely loosing money mining HVC at present.  You will never get an ROI at present profit levels. So why mine HVC at present if there are other coins much more profitable?  You could always use that money to purchase HVC if you think it has a future. Profitability would be higher for 750ti users as the power requirements are lower, but again, why not just mine a different coin that is more profitable?

Technically still profitable to mine.

I run the same math as used in my quoted response from 4/9/14:
So at 80MH/s you right now would be generating about 444.07 coins per day on 4/11/14 as I type this. This is because your 80MH rig now owns 80/7419 of the network instead of 80/14720 (4/9/14) of the network. HVC is currently trading at 0.00001957 so that is 0.008690542 BTC per day.  BTC right now is at $405.2, so your rig is earning $3.52 per day on average before expenses.  880W is 21.12 kWH per day.  If your electric cost is 13 cents (with all taxes included) that is $2.75 in cost per day.  You are now making $0.77 per day mining HVC at present.

Profitability will be higher for T750 miners since they require only about half the wattage.
 
Other things that might be worth noting:
One can hope that many of the miners who have dropped or those that will drop when they think it's not profitable will have high vote settings.
By sticking with HVC and using a proper vote count each of us has far more control over the outcome of voting and can help to push the coin voting in the direction best for longer term survivability.

[kuperis]

just need to look
https://cryptrader.com/charts/mintpal/hvc/btc

sell wall to 0.000032 is only 2.2BTC ! buy wall to 0.00001798 is 11.7BTC

looks like bitcoin market going to reverse today almast recovered yesterdays losses, so its time reverse for HVC, time to back in to 3k zone.

p.s if after 48hours price will be under 2k, i personaly gonna buy more HVC for 1.5BTC

[Chopes]

The upcoming reversal for cryptos in general will be EPIC!!!   

...there are many workarounds to the China problem folks...

Chinese has now become a target for all the
 

[kqpahv]

So at 80MH/s you right now would be generating about 227.74 coins per day on 4/8/14. HVC is currently trading at 0.00002933 so that is 0.006679589 BTC per day.  BTC right now is at $452 so your rig is earning $3.02 per day on average before expenses.  880W is 21.12 kWH per day.  If your electric cost is 13 cents (with all taxes included) that is $2.75 in cost per day.  You are making $0.27 per day mining HVC at present.  If you figure any type of depreciation or any other factors then you are most likely loosing money mining HVC at present.  You will never get an ROI at present profit levels. So why mine HVC at present if there are other coins much more profitable?  You could always use that money to purchase HVC if you think it has a future. Profitability would be higher for 750ti users as the power requirements are lower, but again, why not just mine a different coin that is more profitable?

Technically still profitable to mine.

I run the same math as used in my quoted response from 4/9/14:
So at 80MH/s you right now would be generating about 444.07 coins per day on 4/11/14 as I type this. This is because your 80MH rig now owns 80/7419 of the network instead of 80/14720 (4/9/14) of the network. HVC is currently trading at 0.00001957 so that is 0.008690542 BTC per day.  BTC right now is at $405.2, so your rig is earning $3.52 per day on average before expenses.  880W is 21.12 kWH per day.  If your electric cost is 13 cents (with all taxes included) that is $2.75 in cost per day.  You are now making $0.77 per day mining HVC at present.

Profitability will be higher for T750 miners since they require only about half the wattage.
 
Other things that might be worth noting:
One can hope that many of the miners who have dropped or those that will drop when they think it's not profitable will have high vote settings.
By sticking with HVC and using a proper vote count each of us has far more control over the outcome of voting and can help to push the coin voting in the direction best for longer term survivability.

Uhh, 880w My 4x 280x rig is taking 435W from the wall @ 18.3Mhash per card.

[cayars]

Then for you:
At 73.2MH/s you right now would be generating about 383 coins per day as I type this. This is because your 73.2MH rig now owns 73.2/8009 of the network. HVC is currently trading at 0.00001972 so that is 0.007552577 BTC per day.  BTC right now is at $421.3, so your rig is earning $3.18 per day on average before expenses.  435W is 10.44 kWH per day.  If your electric cost is 13 cents (with all taxes included) that is $1.36 in cost per day.  You are now making $1.82 per day mining HVC at present.

Better?

[kqpahv]

No, I know the math but I was just wondering why you are running your cards so inefficiently   ? Even at 21.6Mhash per card I am drawing about ~660W. Low energy costs are one of the main beauty's of this coin
Only requires 0.880mv @ 1000Mhz for me. With fans @ 75% and my cold air intake fan in the garage turned on I am getting temps from 35C - 42C which is damn nice compared 75C-85C mining scrypt  

[Counterpartybtc]

I think as a community we need a strong effort to raise awareness and vote down the block rewards, substantially. We should try to extend the mint phase for at least 1 year. I believe this would require a block reward of around 100-150 HVC. This would give the community more time to get the word out about heavycoin and allow HVC to show off its GPU friendly features through those warm summer months. Also, allowing more time for the coin to gain acceptance in marketplaces. And ideally, pick up more value.

[ibinsad]

I own 2x290 tri x and 1 280x toxic
mining at 67Mh/s with 480W at wall is it fine or i can do better ?
I can go up to 78Mh/s but it require lot more power..

[kqpahv]

I own 2x290 tri x and 1 280x toxic
mining at 67Mh/s with 480W at wall is it fine or i can do better ?
I can go up to 78Mh/s but it require lot more power..

Seems like you have room for improvement but obviously depends from the cards and what they can do.
You are currently drawing 7.16W per Mhash. I am at 5.94W per Mhash. So ideally you could cut down your energy draw another 15-20%. 290's should also be a bit more energy efficient than 280x's.

I think as a community we need a strong effort to raise awareness and vote down the block rewards, substantially. We should try to extend the mint phase for at least 1 year. I believe this would require a block reward of around 100-150 HVC. This would give the community more time to get the word out about heavycoin and allow HVC to show off its GPU friendly features through those warm summer months. Also, allowing more time for the coin to gain acceptance in marketplaces. And ideally, pick up more value.

Totally agree. This should be the first priority for everyone now. Maybe we get another update for the miner so hopefully more miners might update their bat files along with it.

[SimkoMiner]

Keccak: what do you think about that new GroestlCoin? It seems to have simmilar features like HVC, especially that it's power effective. Can you maybe summarize how HVC is better than Groestl?

[cryptomines]

No, I know the math but I was just wondering why you are running your cards so inefficiently   ? Even at 21.6Mhash per card I am drawing about ~660W. Low energy costs are one of the main beauty's of this coin
Only requires 0.880mv @ 1000Mhz for me. With fans @ 75% and my cold air intake fan in the garage turned on I am getting temps from 35C - 42C which is damn nice compared 75C-85C mining scrypt  

All the more reason to vote low! Lower energy costs = bigger profit margins! This coin has huge potential.

I think as a community we need a strong effort to raise awareness and vote down the block rewards, substantially. We should try to extend the mint phase for at least 1 year. I believe this would require a block reward of around 100-150 HVC. This would give the community more time to get the word out about heavycoin and allow HVC to show off its GPU friendly features through those warm summer months. Also, allowing more time for the coin to gain acceptance in marketplaces. And ideally, pick up more value.

I couldn't agree more 

 
Other things that might be worth noting:
One can hope that many of the miners who have dropped or those that will drop when they think it's not profitable will have high vote settings.
By sticking with HVC and using a proper vote count each of us has far more control over the outcome of voting and can help to push the coin voting in the direction best for longer term survivability.

Community solidarity would be great for this coin, and everyone's wallets. Also good to see that the AMD rigs can still turn a profit.

Technically speaking, the miner is required to set the vote (it is a part of hashed block header), so there is no way a pool could override that.

Yeah, I didn't mean to imply that pools override miners' votes, just that they do set a default value in the batch files / scripts they provide, hence the 'dictate' in single quotes
Though hypothetically speaking, I'd imagine it would be possible to reject submissions that disagree with a pool's 'allowed range' of votes.  Of course that also means less rewards for the pool to begin with, and miners would quickly realize and change to a different pool so that's even worse for the pool.

The point is, a pool cannot accept 'voteless' shares: these just do not exist, the vote is an integral part of a share or a block. Rejecting votes a pool does not agree with makes no sense indeed. Actually, at first my cgminer fork had the default setting for vote so it could be omitted on the commandline, but I decided to enforce setting it to play by the rules (sort of).

The pools just followed what the default vote was. It makes sense to place it right in the middle. Since this is the first time miners have ever had this power no one could have anticipated the outcome. The willingness of the pools and coders to adjust the default vote is very helpful to the community. We seem to be making progress, as the number of 512 votes seem to be dropping.

Do share your reasons why you vote they way you do, High or low doesn't matter, it's an exclusive feature to HVC! We don't seem to hear much from the 1024 camp. In light of the GPU friendly features I can't find any logic in voting high.

[Amph]

No, I know the math but I was just wondering why you are running your cards so inefficiently   ? Even at 21.6Mhash per card I am drawing about ~660W. Low energy costs are one of the main beauty's of this coin
Only requires 0.880mv @ 1000Mhz for me. With fans @ 75% and my cold air intake fan in the garage turned on I am getting temps from 35C - 42C which is damn nice compared 75C-85C mining scrypt  

what is your vcore? 660 for 4x 280x seems too low even on heavycoin

[forceuser]

No, I know the math but I was just wondering why you are running your cards so inefficiently   ? Even at 21.6Mhash per card I am drawing about ~660W. Low energy costs are one of the main beauty's of this coin
Only requires 0.880mv @ 1000Mhz for me. With fans @ 75% and my cold air intake fan in the garage turned on I am getting temps from 35C - 42C which is damn nice compared 75C-85C mining scrypt  

The great silver
A bright future
Great community

[forceuser]

Keccak: what do you think about that new GroestlCoin? It seems to have simmilar features like HVC, especially that it's power effective. Can you maybe summarize how HVC is better than Groestl?

Comparison is appropriate

[forceuser]

wallet need to be updated because of the openssl vulnerability

Any coins have their own vulnerability ;

[incin]

Do share your reasons why you vote they way you do, High or low doesn't matter, it's an exclusive feature to HVC! We don't seem to hear much from the 1024 camp. In light of the GPU friendly features I can't find any logic in voting high.

Most don't comment because I imagine they are choosing not to be flamed for it. I voted high till 50% mark now low. Why, because i mined from day 1, higher vote higher reward in the beginning. Now, lower vote, for an extended mint phase. Whether people like it or not miners are mining for profit (majority, excluding hybrid miner/investors), high vote = more coins more to dump. They don't care to wait on prices. They typically aren't looking at the long term future of the coin. Until a coin "Emerges" from the pack most are going to be unbiased.

[istop08]

how much power per R9 290? can some one give some idea?