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Author Topic: [ANN][SHA]SHACoin2 - Dead Revival - Virtual & Physical Coin - Faucet  (Read 198209 times)
raskul
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March 16, 2014, 09:19:19 PM
 #281


How the hell did i miss the first 1500ish blocks

the answer to that is still making me chuckle. best launch of a coin for ages!!!
comical.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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sebalino
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March 16, 2014, 09:21:08 PM
 #282

How long time it takes from unconfirmed to confirmed  coins on pools?
I wait 3 hours and still not confirm.
Thanks
matt4054
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March 16, 2014, 09:21:35 PM
 #283

Impossible to mine with GPU.
Like "it can't be done" impossible or "it's not worth it" impossible?
you can mine it but you wont make hardly anything

Actually, given the very short timeframe when the coin is mineable with PoW, and then the "second market" trading for the days when it will be PoS only, it *might* (if it goes to the moon lol) be profitable even with GPU. It's a pretty risky bet though.
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March 16, 2014, 09:22:30 PM
 #284

How long time it takes from unconfirmed to confirmed  coins on pools?
I wait 3 hours and still not confirm.
Thanks

Wait 5 more hours and it should be confirmed.

500 minutes = 8 hours 20 minutes
sx1234
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March 16, 2014, 09:25:28 PM
 #285

Official Email send the wallet is a problems, Can not submit the block ,  The source code is re-installed. now running normal, Welcome to come mining....

http://sha.sumpool.com
Fast server &pro pool
200 confirms. Fastest confirms(other pool 500 confirms)
PPLNS 1%FEE auto-payout:5 minutes



Thanks, and happy mining!

Wish it had been fixed when I wasted my miner mining on there up until the diff was 10K.. Sad  Got NOTHING..

raskul
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March 16, 2014, 09:29:29 PM
 #286

ok, forgive my ignorance, but can someone explain in laymans terms how the PoS system will work - does this kick in when we reach block 14400? and what does it do exactly? what does the 'Stake' part on my wallet actually mean? is it like; interest gathered on held coins? and if so, how does this work exactly?

please n thanks.


R

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
matt4054
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March 16, 2014, 09:32:09 PM
 #287

ok, forgive my ignorance, but can someone explain in laymans terms how the PoS system will work - does this kick in when we reach block 14400? and what does it do exactly? what does the 'Stake' part on my wallet actually mean? is it like; interest gathered on held coins? and if so, how does this work exactly?

Basically, yes.

How does it work exactly? There's got to be a whitepaper for this. I'll link it if I can find it.
raskul
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March 16, 2014, 09:34:04 PM
 #288

ok, forgive my ignorance, but can someone explain in laymans terms how the PoS system will work - does this kick in when we reach block 14400? and what does it do exactly? what does the 'Stake' part on my wallet actually mean? is it like; interest gathered on held coins? and if so, how does this work exactly?

Basically, yes.

How does it work exactly? There's got to be a whitepaper for this. I'll link it if I can find it.

i've been reading the wiki, but it's waaaaay over my head lol
I shall hereby be renamed Raskul the Noob.

and thanks for clarifying. So... the stake part of my wallet, will it show the percentage of coins I hold compared to the total network, or  does it just work out the 'stake / interest' to be paid on my held coins?

ADD: i find this fascinating.
+ADD: https://bitcointalk.org/index.php?topic=27787.0

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
matt4054
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March 16, 2014, 09:38:44 PM
 #289

i've been reading the wiki, but it's waaaaay over my head lol
I shall hereby be renamed Raskul the Noob.

and thanks for clarifying. So... the stake part of my wallet, will it show the percentage of coins I hold compared to the total network, or  does it just work out the 'stake / interest' to be paid on my held coins?

ADD: i find this fascinating.

I don't know the specifics for SHACoin, but for other PoS coins like PPC (hybrid) or NXT (pure PoS), your stake is indeed the amount of coins held in your wallet vs all coins on the network. Generally, there is a minimum age requirement for the coins serving as PoS.

I can't tell how the client will report it, but I suppose you could easily figure out your stake by dividing your share of coins by the total number of generated coins (something that can already be reported in real time using the 'getinfo' command for example).

The process of generating blocks via PoS, vs PoW, is called minting (at least in Peercoin and NXT terms), vs mining (SHA256, scrypt...)
raskul
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March 16, 2014, 09:45:25 PM
 #290

i've been reading the wiki, but it's waaaaay over my head lol
I shall hereby be renamed Raskul the Noob.

and thanks for clarifying. So... the stake part of my wallet, will it show the percentage of coins I hold compared to the total network, or  does it just work out the 'stake / interest' to be paid on my held coins?

ADD: i find this fascinating.

I don't know the specifics for SHACoin, but for other PoS coins like PPC (hybrid) or NXT (pure PoS), your stake is indeed the amount of coins held in your wallet vs all coins on the network. Generally, there is a minimum age requirement for the coins serving as PoS.

I can't tell how the client will report it, but I suppose you could easily figure out your stake by dividing your share of coins by the total number of generated coins (something that can already be reported in real time using the 'getinfo' command for example).

The process of generating blocks via PoS, vs PoW, is called minting (at least in Peercoin and NXT terms), vs mining (SHA256, scrypt...)

Which makes me wonder... PoS is a more energy efficient method of producing a crytocurrency, and for that reason, far more sustainable.
I like this. And even tho I on;y have a meagre 55GH which I am able to mine it (the rest of my rig is getwork and I find it is a tad temperamental in mining alt coins) - I should keep mining this until block 14400, at which point, the coins I hold will sustain the network without the need to mine it? please correct me if this is wrong?

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
sumpool
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March 16, 2014, 09:56:21 PM
 #291

Official Email send the wallet is a problems, Can not submit the block ,  The source code is re-installed. now running normal, Welcome to come mining....

http://sha.sumpool.com
Fast server &pro pool
200 confirms. Fastest confirms(other pool 500 confirms)
PPLNS 1%FEE auto-payout:5 minutes



Thanks, and happy mining!

Wish it had been fixed when I wasted my miner mining on there up until the diff was 10K.. Sad  Got NOTHING..

to:sx1234
I was officially given pit, out of the question, I have to look for an official communication to solve, but he has not replied, finally themselves.
   Now dig blocks quickly. POOL has a one block
http://sha.sumpool.com/index.php?page=statistics&action=pool

welcome to come sumpool.....Thank you for your support!!!
ukeden
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March 16, 2014, 10:15:14 PM
 #292

missed this post glad it was brought back to the top interesting sha coin  Cheesy
matt4054
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March 16, 2014, 10:18:15 PM
 #293

missed this post glad it was brought back to the top interesting sha coin  Cheesy


You are still early... and thus lucky Grin
sx1234
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March 16, 2014, 10:30:53 PM
 #294

According to the pool I'm on..  65TH/s Net Hashrate..   Pretty impressive for a first day coin..

soulistyce
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March 16, 2014, 10:34:00 PM
 #295

this coin has a lot of potencial   Wink
sunjar2013
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March 16, 2014, 10:39:06 PM
 #296

Great launch! Wallte add: STgPBGZ1Hw6ScXe3BcEzSucSLWB8wz9Kmr
techbytes
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March 16, 2014, 10:53:18 PM
 #297

sha.cryptopools.com at 1TH and need some more hashes. 

Running bonus block finders for the first 30 blocks.  Every block you find, you will receive 0.2 LTC.  Find 10 blocks, you get 2 LTC. 


-tb-

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March 16, 2014, 11:03:33 PM
 #298

NatureTM
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March 16, 2014, 11:26:26 PM
 #299


Code:
/$$$$$$ /$$   /$$                /$$     /$$                       /$$$$$$$                     /$$                       /$$   
|_  $$_/| $$  | $/               | $$    | $$                      | $$__  $$                   | $$                      | $$   
  | $$ /$$$$$$|_//$$$$$$$       /$$$$$$  | $$$$$$$   /$$$$$$       | $$  \ $$ /$$$$$$   /$$$$$$ | $$  /$$$$$$   /$$$$$$$ /$$$$$$ 
  | $$|_  $$_/  /$$_____/      |_  $$_/  | $$__  $$ /$$__  $$      | $$$$$$$//$$__  $$ /$$__  $$| $$ /$$__  $$ /$$_____/|_  $$_/ 
  | $$  | $$   |  $$$$$$         | $$    | $$  \ $$| $$$$$$$$      | $$____/| $$  \ $$| $$  \ $$| $$| $$$$$$$$|  $$$$$$   | $$   
  | $$  | $$ /$$\____  $$        | $$ /$$| $$  | $$| $$_____/      | $$     | $$  | $$| $$  | $$| $$| $$_____/ \____  $$  | $$ /$$
 /$$$$$$|  $$$$//$$$$$$$/        |  $$$$/| $$  | $$|  $$$$$$$      | $$     |  $$$$$$/|  $$$$$$/| $$|  $$$$$$$ /$$$$$$$/  |  $$$$/
|______/ \___/ |_______/          \___/  |__/  |__/ \_______/      |__/      \______/  \______/ |__/ \_______/|_______/    \___/ 



We're up and hashing!  Join us at:
http://sha.poolest.com
STRATUM:   stratum+tcp://sha.poolest.com
PORT:   3341
FEES:   1%
PAYOUT:   PPLNS

Thanks, and happy mining!
ClutchThese
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March 16, 2014, 11:32:45 PM
 #300


DON'T MINE AT THIS POOL.


STOLE the first 1446 blocks....

I've asked for information on it, and received nothing but more advertising from him.

The coin is doing really well, and I'd love for it to keep going.

This pool really screwed us... just sayin.

Signature for Rent - PM if Interested
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