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Author Topic: Hironews Issue # 1 - Hirocoin Newsletter !  (Read 1025 times)
Joerii (OP)
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April 02, 2014, 02:11:36 PM
Last edit: April 02, 2014, 06:17:39 PM by Joerii
 #1

Lo and behold, the first edition of Hironews. The aim of this newsletter is to keep you informed of all that's going on in the wonderful world of Hirocoin. Hironews will be released every two weeks.


Don't look now... but I think we are being followed

Actually, I am talking about Twitter ! We are fast approaching 700 followers now. We are off to a good start on Twitter and this is good, especially for a new coin  It's safe to say that most of the altcoin scene knows who we are and what we're all about. We plan on using Twitter as one of our primary social media channels to get the latest updates to you, noble reader. If you are not currently following us then get on and start now.


@Hirocoin on Twitter

We are also on Facebook so if that is more your kind of thing then please follow us on there. Updates are put out through both locations simultaneously.

Hirocoin on Facebook


Mythical Botnet

There were reports of a mystical botnet mining Hirocoin with colossal mining power. The fact is there was no botnet at all. There is a known flaw in stratum that allows you to submit many more shares than you actually could mine. So you can mine with let's say 100KH but make it appear that you are mining with 10,000KH. They are not actually providing that amount of work and coins are not being mined faster.

What happens is that since the pool thinks that they are mining the lion's share that they deserve the majority of the coins that are actually mined. So you fake 95% of the pools hash power and get 95% of the coins mined when they were only putting in a very small share.

This is an old issue that has come back to life with pool operators using unpatched pool software. The issue has been raised in on GitHub and a an example of how to recreate the problem using  a mining stratum proxy is in the link below. Apparently the pool has since patched the vulnerability.

https://github.com/Crypto-Expert/stratum-mining/issues/313


Where has HIC gone?

Do not worry, Hirocoin is still there but under the new ticker symbol HIRO. Which is easier on the eye, and does not conflict with Hawaicoin. To be fair Hawaicoin claimed HIC before Hirocoin did so we did the right thing and changed our abbreviation. So there you have it, we are now HIRO. There were a few calls from people to change to HIRO before we realised these was a clash so it was an easy move to make.


X11 is the new Scrypt


ASIC resitant for the foreseable future, energy efficient, super GPU friendly, and , lets face it : sexy.  Hirocoin and Darkcoin are the only X11 coins right now, but the community of science-loving smart people of Einsteinium have recently voted on changing their hashing algorithm. X11 won by a landslide. Then there is a faction of Litecoin supporters that are lobbying to fork Litecoin to be powered by X11. It is reassuring to see that X11 is becoming a popular with altcoin enthusiasts, X11 is becoming well known and is poised to be a first choice for GPU miners when the Scrypt ASICs start to dominate Scrypt mining.
Here's an interesting post comparing Hirocoin to the situation Litecoin was in, one year ago.


Open Bounties


We are in need of an Android wallet and offer 2 Bitcoins to anyone who can make one for us. There is already a working wallet out there with KGW running, the next step is to implement the X11 algorithm into the wallet. DarkCoin also offer a bounty for this work and use X11 so there is the potential to claim multiple bounties for a working X11 wallet.

Are you capable of tackling the challenge of coding an Nvidia miner for X11 ? Succesfully doing so will net you 20.000 HIRO's, not to mention fame and glory.

Building the Hirocoin team

"Don't ask what your altcoin can do for you, but what you can do for your altcoin" - MaGNeT

Hirocoin is looking for new members to strenghten the team. Actually, it's you were looking for. Yes, I can see your pointing at your face with a puzzled look. Yes, YOU! Whatever your skill is, you are welcome to join us. Check out the Promotion Subforum or PM yours truly.


Aw, look how cute, he's playing with an airplane with total disregard for human life!

Our logo has sparked a bit of controversy. It's not very businesslike. Then again, that was never the aim, says Hiro. "Crypto is too serious already". HiroSGate suggested we might slowly change the logo into something more serious over time.  He came up with a fun way to make that transition, which you can read about here. MatAuc12 thinks it would be good to change it to the X11 logo. Tyarlande created some mockups of what improvements might look like.


Cswolfe made his case to leave it as it is, as we can always be serious later. In the current phase, a fun image is better suited to us then a corporate one. Then there's Flashcrash, who thinks our current logo is unprofessional and invokes feelings that have no place in a currency. In the end, the results from the poll were pretty clear. We're keeping the logo exactly how it is, at least for now (or until we get sued for using a monster that er... looks familiar).


And to finish this first issue of Hironews, the winner of the recent meme contest:

Created by Magalhanze

Warm regards, Joerii

Hypercube - get the attention you deserve
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April 02, 2014, 03:06:48 PM
 #2

If you're not mining X11...


...You're doing it wrong.

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MaGNeT
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April 02, 2014, 03:10:26 PM
 #3

I like the winning meme!  Grin

Maybe put his HiroCoin address under the picture so we can tip him a few Hiro? Smiley
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April 02, 2014, 03:59:27 PM
 #4

nice newsletter Smiley

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TenaciousC
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April 02, 2014, 05:11:13 PM
 #5

If you're not mining X11...


...You're doing it wrong.

ROFL , true man, sooo true!
Joerii (OP)
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April 02, 2014, 06:18:05 PM
 #6

I fixed some links that I broke because of bad BBcode formatting Smiley They all work now !

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April 02, 2014, 07:01:09 PM
 #7

I fixed some links that I broke because of bad BBcode formatting Smiley They all work now !

Now we need a fully animated casino Tongue
Joerii (OP)
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April 02, 2014, 07:28:18 PM
 #8

I fixed some links that I broke because of bad BBcode formatting Smiley They all work now !

Now we need a fully animated casino Tongue

Well I'm reading an article on BBcode right now, i think at the bottom there's a chapter on programming casino software.

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April 02, 2014, 08:58:33 PM
 #9

Interesting writeup, I'll look forward to these. Clearly Hiro is where the profits are right now, I think its just taking a while for people who to realise as it's not listed on Coinwarz charts etc.

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April 02, 2014, 09:34:25 PM
Last edit: April 02, 2014, 10:45:50 PM by cryptohunter
 #10

Interesting writeup, I'll look forward to these. Clearly Hiro is where the profits are right now, I think its just taking a while for people who to realise as it's not listed on Coinwarz charts etc.

LOL clearly hiro is a ninja launched scam coin. If you want to mine x11 go for dark coin . hiro was one of the worst instamined planned scam launches i have seen.  Those coming in now are merely building wealth for those scammers that organised that unfortunate launch time of 7am euro time with no announcement and a HUGE mount of 0.00000 diff blocks destroyed before anyone really knew it was on the board.



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April 02, 2014, 09:47:38 PM
 #11

Joeri, nice to see you and MaGNeT having fun with Hirocoin Smiley  I don't comment on marketing things usually, but from my engineering point of view it's much easier to do an X11 ASIC/FPGA than a decent Scrypt ASIC/FPGA. The X11 market is just too small currently.

"If you've got a problem and have to spread some coins to make it go away, you've got no problem. You've got an expence." ~ Phoenixcoin (PXC) and Orbitcoin (ORB) and Halcyon (HAL)
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April 02, 2014, 10:35:33 PM
 #12

Joeri, nice to see you and MaGNeT having fun with Hirocoin Smiley  I don't comment on marketing things usually, but from my engineering point of view it's much easier to do an X11 ASIC/FPGA than a decent Scrypt ASIC/FPGA. The X11 market is just too small currently.


Hey Ghost!

Yeah, I like the silence and the lower energy bills.
But maybe I'll point my Titan on PXC for a while  Wink
And if scrypt isn't profitable to mine, I can always turn it into a toast-maker.

I have to visit Joerii soon again, this time with a giant hammer to fix his X11 rig.
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April 02, 2014, 11:19:57 PM
 #13

Joeri, nice to see you and MaGNeT having fun with Hirocoin Smiley  I don't comment on marketing things usually, but from my engineering point of view it's much easier to do an X11 ASIC/FPGA than a decent Scrypt ASIC/FPGA. The X11 market is just too small currently.


Except there are Scrypt ASICs already, and more will come online, destroying non-ASIC miner's profitability.

Sure, as soon as it becomes profitable to do so, companies will develop X11 ASICs.

But by the time that happens, my little stash of Hirocoins will have paid off my mortgage.


Hypercube - get the attention you deserve
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April 02, 2014, 11:59:06 PM
 #14

Hey Ghost!

Yeah, I like the silence and the lower energy bills.
But maybe I'll point my Titan on PXC for a while  Wink

You're welcome if you like rejects as the block limiter is here and it's going to be even more advanced over time Smiley


Except there are Scrypt ASICs already, and more will come online, destroying non-ASIC miner's profitability.

Sure, as soon as it becomes profitable to do so, companies will develop X11 ASICs.

But by the time that happens, my little stash of Hirocoins will have paid off my mortgage.

Good for you if it does. What comes to the Scrypt ASICs, there is always a work-around if you really need it.

"If you've got a problem and have to spread some coins to make it go away, you've got no problem. You've got an expence." ~ Phoenixcoin (PXC) and Orbitcoin (ORB) and Halcyon (HAL)
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April 03, 2014, 12:32:19 AM
 #15

Joeri, nice to see you and MaGNeT having fun with Hirocoin Smiley  I don't comment on marketing things usually, but from my engineering point of view it's much easier to do an X11 ASIC/FPGA than a decent Scrypt ASIC/FPGA. The X11 market is just too small currently.


Except there are Scrypt ASICs already, and more will come online, destroying non-ASIC miner's profitability.

Sure, as soon as it becomes profitable to do so, companies will develop X11 ASICs.

But by the time that happens, my little stash of Hirocoins will have paid off my mortgage.




d

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April 03, 2014, 04:32:34 PM
 #16


I have to visit Joerii soon again, this time with a giant hammer to fix his X11 rig.

3x 7950 should be good for around 5 mh/s, right ? I just sent in my hardware for warranty, lets hope it was that PSU.

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April 03, 2014, 05:21:26 PM
 #17


I have to visit Joerii soon again, this time with a giant hammer to fix his X11 rig.

3x 7950 should be good for around 5 mh/s, right ? I just sent in my hardware for warranty, lets hope it was that PSU.

My 7950's hash at 1.4 Mhash each, can't make them mine any faster.
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