[ANN][ISR] Isracoin - The Israeli cryptocurrency

[porn0f1sh]

LOL.

really?

don't sell your isracoin. I say it because I care for you. don't be like those people who sold their bit coins when they got to be 2 dollars each

[g_d]

Anyone has any idea why all the P2Pools just died?

Pools that were up for last month or two are all dead, even my fail-over pools.

Seems just so sudden. I can't find any info about it, no mention of hacking, ddos etc.. I could blame the price of the coin, but it has actually bounced back a bit the last few days, so if that was the reason it would have made more sense a week ago...
Not sure if the announcement of Isracoin Multipool has anything to do with it....

http://p2pools.org/isr

[yaser1996]

Just be fair guys. is there any future in this coin?

[Kuttingcorners]

the coin might last longer than the country ( you can't nuke a shitty crypto coin)!!!!!

[RobFordWotWot]

Just be fair guys. is there any future in this coin?

Is there a future in any coin? Nobody's going to do your homework for you even if they started the threads, coded the coins, and released all this to the public.

[g_d]

Totally agree with RobFordWotWot.

What's all the aggro about?

So far it seems that the devs have their heads on straight. Maybe they aren't hyping up the coin (which IMO is good) but I find it hard to see any other coin with a clearly laid out road map. If their co-op idea works out we might as well see ISR work out to be one of the first country coins that works.

Lot of people are talking sh*t about ISR here, but your guess is as good as mine and nobody knows sh*t. Take the gamble or not. I mine ISR to hold on to it. I don't care if it does not sell really well now. As if there was such a coin...if there is, usually last an afternoon....

Mining for never a sure investment, so why all the nonsense. If you want guarantees open up a savings account...

[daveil]

I just downloaded the Android wallet and it's really well done.

I think it's a really good way to do mini payments. I'd much rather receive or make small payments (up to 10 shekel) with the app than have to carry coins around with me.
It even lets you receive or make payments based on the shekel.

This is the first time I've actually seen crypto currency as useful rather than a commodity for speculators and drug dealers.

[IsraelCoin]

Hi All,

The ISR Multipool (Alpha Version) is now open to the public.
There's still plenty of work to be done on it but we'd love for you to start testing it out.

It currently supports both Scrypt and X11 and we'd love for everyone to direct some hashpower into it in either one of those algos.
(More Algos on the horizon).

We'd like to stress the point that this is just a tool for the ISR miners, to help stabilize the ISR market against dumpers and other multipools. This is by no means the main driver for the coin. Sometimes you just need stopgap measures and so here we are.

If you are mining ISR and plan to hold on to it for a while, you definitely should consider diverting some of your hash power into the multipool.

Hopefully we can go from Alpha to Beta quickly and get more serious hashpower into it.

Check the multipool out here:
http://isrmultipool.info/

(FYI - Registration is working but not redirecting to login page, so just click submit and go to login manually)

[falcon4391]

Hey, I'm trying your new multipool and seem to be getting an error on bfgminer.

May 19 14:04:56 bfgminer[2383]: JSON-RPC non method decode failed: (null)
May 19 14:04:56 bfgminer[2383]: Unknown stratum msg: {"id":null,"result":[],"error":true}

Now I'm using the regular scrypt algorithm pool, stratum+tcp://isrmultipool.info:3335. On my account shows my workers doing no work and the difficulty at zero. On bfgminer though my miners are hashing at 3.70 MH/s steady. I understand you just opened the pool and I expect some hiccups. Figured to give a heads up, and hope this helps.

[IsraelCoin]

Thanks, we'll check on the issue of the json errors.
Any more details you can provide on that?

As for the worker statistics, that's still in the works and will take a few days to get up and running.
(you can see the ISRM ALPHA page where we have listed a few items still on the todo list).
FYI - The shares are being accounted for in the database, just the statistics are not yet being displayed.

Thanks for the info!

[falcon4391]

Thanks, we'll check on the issue of the json errors.
Any more details you can provide on that?

As for the worker statistics, that's still in the works and will take a few days to get up and running.
(you can see the ISRM ALPHA page where we have listed a few items still on the todo list).
FYI - The shares are being accounted for in the database, just the statistics are not yet being displayed.

Thanks for the info!

Thank you for the quick answer back. Its reassuring the shares are being accepted in the database. I will hang in there to see the progress in the next 24hrs. Keep up the good work and thanks again!

[porn0f1sh]

so multi pool mines whatever coin is most profitable at that point and pays me back in isracoin? how's that better than mining isracoin directly? if we talk monetary profit for the miner out of the account.

even for isracoin in general, isn't it just better for me to keep mining Isr and then just buy goods and services directly with them? what's the long term benefit of using multipool?

if I understand the short term benefit is quick demand for ISR to try to stabilise the supply-and-demand graph for a visually stable price. but already the demand outdoes the supply. I want to buy my 16,000 ISR already

[N1ghtcrawl3r]

so multi pool mines whatever coin is most profitable at that point and pays me back in isracoin? how's that better than mining isracoin directly? if we talk monetary profit for the miner out of the account.

even for isracoin in general, isn't it just better for me to keep mining Isr and then just buy goods and services directly with them? what's the long term benefit of using multipool?

if I understand the short term benefit is quick demand for ISR to try to stabilise the supply-and-demand graph for a visually stable price. but already the demand outdoes the supply. I want to buy my 16,000 ISR already

The idea is the there will be a constant supply ISR getting purchased . this will stabilize the price .. It's a good idea. It will create demand ..

I'm not sure its going to work, but it will be more helpful to ISR than mining on your local mine.

[IsraelCoin]

Quick update -

We have made some good progress on the Local Isracoin service and it is very likely to launch in tandem with Phase-II.

What does this mean for you, the miner/investor?
That most people looking to sell airdrop coins will have a direct, face-2-face outlet in local Israeli fiat to sell/buy the coins and therefor the potential for flooding of the exchanges will diminish significantly.

Also, in case you missed it, an ISR Multipool is out for Alpha testing and if you are a miner, you should strongly consider diverting some of your hashrate into it. (Current supported Algos - Scrypt, X11 - and more coming)
http://isrmultipool.info

[N1ghtcrawl3r]

Quick update -

We have made some good progress on the Local Isracoin service and it is very likely to launch in tandem with Phase-II.

What does this mean for you, the miner/investor?
That most people looking to sell airdrop coins will have a direct, face-2-face outlet in local Israeli fiat to sell/buy the coins and therefor the potential for flooding of the exchanges will diminish significantly.

Also, in case you missed it, an ISR Multipool is out for Alpha testing and if you are a miner, you should strongly consider diverting some of your hashrate into it. (Current supported Algos - Scrypt, X11 - and more coming)
http://isrmultipool.info

Awesome .

The multipool site looks nice too. I hope it does help stabilize the price

[falcon4391]

Im having a problem with the multipool. I have been mining since 10 a.m. EST yesterday 5/19/14, and still have not received any coin in my account. What are your 24 hour marks considered?

Thank you

[OmarGsPools]

Im having a problem with the multipool. I have been mining since 10 a.m. EST yesterday 5/19/14, and still have not received any coin in my account. What are your 24 hour marks considered?

Thank you

The payouts will go out at approximately 12AM EST

[irbbq]

Really low price atm, guess it's safe to say that someone has been lowering the price "artificially" as several people has been noting.

Regardless, Isracoin looks promising for the future as it has a strong dev team with a long-term plan.

No doubt the coin is undervalued atm imho.

[oldboy10]

coin dead. I'm disappointed. I believed in it

[coin-swap]

ISR is listed at Coin-Swap.net

Markets
ISR/BTC
ISR/DOGE


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Ian