Lefter1s
Member
Offline
Activity: 112
Merit: 10
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March 30, 2014, 02:57:55 PM |
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Block reward schedule: 28 CAI (block 0000002 - 358363) - year 00-01 => 17,405,892 left to be mined 10 CAI (block 0358363 - 1075089) - year 01-03 => 10,238,632 left to be mined 05 CAI (block 1075089 - 2150178) - year 03-06 => 04,863,187 left to be mined 03 CAI (block 2150178 - 3583630) - year 06-10 => 00,562,831 left to be mined 01 CAI (block 3583630 - 4705306) - year 10-13 => 000000 CAI left to be mined
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vvvortex
Member
Offline
Activity: 100
Merit: 10
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March 30, 2014, 03:07:23 PM |
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What fun times! I'm simultaneously cudamining CAI at 300kh/s with 2 x GTX780CUII (my gaming SLI setup for 3 x asus 4K DCS A10C Warthog flight sim) and cpumining DarkCoin at 600kh/s, and my temps are < 50C! Please, box, don't burn up! Been going since launch, and very stable =)
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sakr
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March 30, 2014, 03:39:04 PM |
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CAI first p2pool First block in, payments received, join us now!
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nanoprobe
Legendary
Offline
Activity: 980
Merit: 1000
Traveling in subspace
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March 30, 2014, 03:45:35 PM |
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OK OK I changed it back to .00083, sorry I didn't mean to ruin anything for anyone, I just knew how much revenue I wanted to generate and I adjusted price based on difficulty...
And the fact that your sell order wasn't filled at half the price should tell you something.
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You'll never know what you're living for until you know what you're willing to die for. Never look back, something might be gaining on you.
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Ignition75
Sr. Member
Offline
Activity: 462
Merit: 250
www.dashpay.io
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March 30, 2014, 03:49:22 PM |
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OK OK I changed it back to .00083, sorry I didn't mean to ruin anything for anyone, I just knew how much revenue I wanted to generate and I adjusted price based on difficulty...
And the fact that your sell order wasn't filled at half the price should tell you something. It's early days, it's the first time I've mined a coin from the start and I don't want to upset people...
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The new generation have arrived and they brought their own currency...
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Equate
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March 30, 2014, 04:33:06 PM |
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CAI getting cheaper Time to buy then.
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TheStuhlman
Legendary
Offline
Activity: 1059
Merit: 1020
https://twitter.com/JStuhlman
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March 30, 2014, 04:35:00 PM |
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OK OK I changed it back to .00083, sorry I didn't mean to ruin anything for anyone, I just knew how much revenue I wanted to generate and I adjusted price based on difficulty...
And the fact that your sell order wasn't filled at half the price should tell you something. It's early days, it's the first time I've mined a coin from the start and I don't want to upset people... You can sell your coins at 1 Satoshi if you like, it's free market. Nobody should be upset by that. It will only create opportunity to the next person. We increased diff on the first day on purpose, because it's been noticed that at lower starting diff, some people will farm the coin in the first 24 hours of release and dump a huge amount on the first exchange. This scenario was prevented with CAI, the coin only produced what it's supposed to produce, and now KGW took over and the production is more controlled. So we apologize to the farmers who wanted 10000 blocks on the first day, it did not happen and will not happen. Now that those farmers left with their equipment we can get on with mining that benefits the average miner. Part of this post will be on announcement.
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mpatsok
Newbie
Offline
Activity: 1
Merit: 0
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March 30, 2014, 06:19:40 PM |
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We increased diff on the first day on purpose, because it's been noticed that at lower starting diff, some people will farm the coin in the first 24 hours of release and dump a huge amount on the first exchange. This scenario was prevented with CAI, the coin only produced what it's supposed to produce, and now KGW took over and the production is more controlled.
Its a bit unclear what you are saying here..."What was the coin suppose to produce ? What was the average block time during that day ? Seems little bit fishy like your whole coin. Unfortunatly the current block explorer is to crappy so i can answer the questions on my own
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jootn2kx
Full Member
Offline
Activity: 378
Merit: 101
Estimated.Pro - Crypto Signals. Free.
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March 30, 2014, 07:26:57 PM |
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its a free market indeed i'm lolling@those we sell cheap ^^ most of us are holding bcause it will go slowly up by time. but in the other hand its also good that there is some trading already
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TheStuhlman
Legendary
Offline
Activity: 1059
Merit: 1020
https://twitter.com/JStuhlman
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March 30, 2014, 08:02:20 PM |
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We increased diff on the first day on purpose, because it's been noticed that at lower starting diff, some people will farm the coin in the first 24 hours of release and dump a huge amount on the first exchange. This scenario was prevented with CAI, the coin only produced what it's supposed to produce, and now KGW took over and the production is more controlled.
Its a bit unclear what you are saying here..."What was the coin suppose to produce ? What was the average block time during that day ? Seems little bit fishy like your whole coin. Unfortunatly the current block explorer is to crappy so i can answer the questions on my own We setup the initial difficulty where the coin would not be farmed and farmed and dumped at low initial difficulty. The coin is supposed to produce 981 blocks a day at 88 seconds per block. We came very close to that number. Fishy and Crabby ? what is fishy and crabby is that you post your message with a noobie account and you pretend to not understand. But I think you do understand, there is 3 more explorers in the works and I would like for you to find one thing wrong with this coin being transparent, or to find any wrongdoing on the part of the dev team. I will have the CAI wallet posted just like the BTC wallet when the block explorer is up with more option, most likely tomorrow.
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Wirly
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March 30, 2014, 08:09:12 PM Last edit: March 31, 2014, 01:11:36 AM by Wirly |
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We increased diff on the first day on purpose, because it's been noticed that at lower starting diff, some people will farm the coin in the first 24 hours of release and dump a huge amount on the first exchange. This scenario was prevented with CAI, the coin only produced what it's supposed to produce, and now KGW took over and the production is more controlled.
Its a bit unclear what you are saying here..."What was the coin suppose to produce ? What was the average block time during that day ? Seems little bit fishy like your whole coin. Unfortunatly the current block explorer is to crappy so i can answer the questions on my own I think its quite clear what he is saying. Most miners, especially those that like to dump coins, like to mine a new coin right from the start, hoping to mine lots of coins at a low difficulty of 1 or 2 before the difficulty goes up. Those miners clearly left the building when they did not get what they where hoping for. The difficulty of this coin jumped around and up and down from 1 to about 200 or so until block 500 when KGW kicked in, which is why difficulty is now stable at about 11 based on fairly stable hashing power. You serious when you say you don't understand this???Are you one of those miners that likes mine and dump without supporting a community?
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LeetPoolsOP
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March 30, 2014, 11:46:28 PM |
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Come mine and chat with fellow miners across the leetpools network in our new chatbox!! Check it out! As trivial as it sounds, miners are loving our cross pool chat lol.
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masterkiller
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March 31, 2014, 12:47:09 AM |
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Our History and NEW market launch 2 days agoCoin-Swap has been around since January and you can read our feedback thread for credibility. We just launched our NEW MARKET system on the 28th, so the system may appear empty but we have been an active exchange for over 2 months. Come check us out! Attention Miners: AUTO-SELLMiners! We have an auto-sell feature so you can set your mining pool address to your order address at Coin-Swap. This will continue to add what you mine to a single order instead of having an order open for each deposit. You can change the price of your order without having to cancel and create a new order. Simply change the price! Immediate PayoutsAs soon as your order executes, we send you your coins. We do this to minimize your risk. This is why you need to fill out both your CAI and BTC addresses in your profile. How to get started at Coin-SwapFirst you need to register: RegisterThen you need to put in BOTH your CAI and BTC wallet addresses in your profile: ProfileThen to create an order you go to the market: CAI/BTC and set a price for your Buy or Sell order. After you create your orderYou will receive a popup with an address to send in your coins. Once received, your order is set. You can send in as many coins as you want to this address and it will list them at the price set for this order. If you send in more coins after the order is created, it'll add the additional coins to your balance. You can change the order price at any time. Unless you want multiple price entry points in the same market, you likely will only ever need one buy order and one sell order. Contact UsIf you have any problems or questions about setting up an order please feel free to contact us! coinswapnet at gmail.com
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Caishen_Project (OP)
Member
Offline
Activity: 162
Merit: 10
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March 31, 2014, 04:03:07 AM |
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Updates: Added Pool distribution charts. Contacted high volume Exchanges for listings. Starting Ad campaign next Monday. Adding block Explorers with more options tomorrow. We will also fund the Faucet and IRC bot tomorrow. Twitter Promo in the works for this week as well.
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Ignition75
Sr. Member
Offline
Activity: 462
Merit: 250
www.dashpay.io
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March 31, 2014, 05:58:11 AM |
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Come mine and chat with fellow miners across the leetpools network in our new chatbox!! Check it out! As trivial as it sounds, miners are loving our cross pool chat lol. It's f*cking sick!
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The new generation have arrived and they brought their own currency...
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sakr
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March 31, 2014, 08:15:10 AM |
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CAI official p2pool First block in, payments received, join us now!
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TheGer
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March 31, 2014, 08:20:18 AM |
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Coming up soon to the break even point where coins mined should equal the amount purchased in the IPO. 160 blocks or so I think(on block 1357 now).
At this point miners will take over as far as dictating the price on market and may make IPO holder think about selling for what they can get back. I do hope they don't though I would like to see this coin develop.
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thdillin
Newbie
Offline
Activity: 45
Merit: 0
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March 31, 2014, 09:12:04 AM Last edit: March 31, 2014, 09:25:50 AM by thdillin |
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