VIRTUAL MINING COIN [VMC] | OUR MINED 410 PAYCOINS [XPY] IS ARRIVED!!!

[Coin.millionair]

NEW ANNOUNCEMENT

We have the very 1st merchant, that ACCEPTS VMC PAYMENT !!!

Dear VMC Community


Now You can buy gold and jewels, paying with VMC here: http://www.fatumjewels.hu

It's a hungarian jewel store located in Budapest, but they have webshop as well.
Contact for exact product price quotation in VMC through contact-email on site.
They speak english and LOVE VMC !
Let us know if english site is preferred/required and we'll tell it to the owner...

More and more are coming...
Will be listed in the OP (1st post) and on website as well...


We are in contact with other merchants (mainly in Hungary) and online service providers all over the World to accepts VMC !

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[Coin.millionair]

Anyone who has the possibility to vote for VMC on SwissCex, please do it !
https://www.swisscex.com/voting

We should win the voting today !
Only 4 hours left !!!

[somogyipeti]

[somogyipeti]

We won the swisscex voting thanks to all and happy trading there!

[Coin.millionair]

We are ON SwissCex !!!

We have managed to get in by purchasing around 3500 votes !
It was a small investment for a bigger future...

Rest were clicked by the VMC community !!!
Thank You ALL Guys !

[xinwao]

Hello Coin Devs,

Any thoughts of changing the Algo? Lets say X11? Then do a merge mine with other coins when the time warrants it?
On what I see, SCRYPT-N has been loosing popularity and so the hashes is going down too.. the coin needs a healthy working network.
VMC needs a REBOOT IMO..

Its a good thing and a great decision you guys migrated from CEX.IO to a more profitable one.
This only means that the DEV do care for the coin, the investment and also about the traders and investors.

Cheers.

Sir, does not matter whether we use x11 or scryptn. If you have a gpu and the other person has a gpu then mining power proportions do not change - the same power proportions for scryptn and x11 you get - algorithm is neutral. Additionally there is too many x11 coins already and not much good scryptn coins. Additionally sgminer supports each algorithm and if somebody do not want to mine VMC using his gpu with sgminer for scyptn then he will not use it if it would be x11.  algorithm changes nothing - the same coin, the same mining software, the same gpu number people would like to use to mine.

[Mohabmw]

Hello Coin Devs,

Any thoughts of changing the Algo? Lets say X11? Then do a merge mine with other coins when the time warrants it?
On what I see, SCRYPT-N has been loosing popularity and so the hashes is going down too.. the coin needs a healthy working network.
VMC needs a REBOOT IMO..

Its a good thing and a great decision you guys migrated from CEX.IO to a more profitable one.
This only means that the DEV do care for the coin, the investment and also about the traders and investors.

Cheers.

Sir, does not matter whether we use x11 or scryptn. If you have a gpu and the other person has a gpu then mining power proportions do not change - the same power proportions for scryptn and x11 you get - algorithm is neutral. Additionally there is too many x11 coins already and not much good scryptn coins. Additionally sgminer supports each algorithm and if somebody do not want to mine VMC using his gpu with sgminer for scyptn then he will not use it if it would be x11.  algorithm changes nothing - the same coin, the same mining software, the same gpu number people would like to use to mine.

Exactly

[bitwarrior]

Hello Coin Devs,

Any thoughts of changing the Algo? Lets say X11? Then do a merge mine with other coins when the time warrants it?
On what I see, SCRYPT-N has been loosing popularity and so the hashes is going down too.. the coin needs a healthy working network.
VMC needs a REBOOT IMO..

Its a good thing and a great decision you guys migrated from CEX.IO to a more profitable one.
This only means that the DEV do care for the coin, the investment and also about the traders and investors.

Cheers.

Sir, does not matter whether we use x11 or scryptn. If you have a gpu and the other person has a gpu then mining power proportions do not change - the same power proportions for scryptn and x11 you get - algorithm is neutral. Additionally there is too many x11 coins already and not much good scryptn coins. Additionally sgminer supports each algorithm and if somebody do not want to mine VMC using his gpu with sgminer for scyptn then he will not use it if it would be x11.  algorithm changes nothing - the same coin, the same mining software, the same gpu number people would like to use to mine.

Exactly

Then tell me why there is too many x11 coins? Is it not logic dictates that X11 has a larger adoption in the masses rather than scryptn?
This is precisely my point, I am suggesting for a larger crowd, larger crowd means more miners and more volume for VMC traders, thus more lively network hashes and more public adoption of the coin.

[Coin.millionair]

Then tell me why there is too many x11 coins? Is it not logic dictates that X11 has a larger adoption in the masses rather than scryptn?
This is precisely my point, I am suggesting for a larger crowd, larger crowd means more miners and more volume for VMC traders, thus more lively network hashes and more public adoption of the coin.

It has a sense.
I've been a miner (with VGA) for long months.
Now it is not so profitable anymore due to electricity cost.

With X11 algo, there is bit lower power consumption and reduced heat. This is the answer for its popularity, i believe.


These days (when SCRYPT-N Asic miners are coming) SCRYPT-N hashrate will grow again...

[Coin.millionair]

We have won the voting on SwissCex last night, however they didnt add VMC to their market yet.
We have contacted them on Twitter and asked, when is it going to happen... ?

Will let You know, as we receive any answer or market is available already on their site.


In the meantime You can vote for VMC on an other exchange:
https://askcoin.net/votes

They have added VMC to their voting list without any request !
Probably they also see the potential in VMC...

[Coin.millionair]

We have discussed with team and investigated the possibility of changing algo (as bitwarrior was advised)
but we have found, there is no reason/sense to change.


Reasons:

• Mining period of VMC will be over in may of 2015 (only 7-8 months left)

• Only with changing algo we possibly wont gain any hashrate. We focus on innovation and promotion instead...
  With our guaranteed reedem price VMC is way more preferable/profitable now, than ever !!!

As these days there are some news of Scrypt-N Asic miners available on the market, they can give some boost to the hashrate.
However since their price is very expensive yet, its not likely (at least not expected) to hit the market and change Scrypt-N hashrate significantly.
Therefore VMC is not in a danger due to them.


On the whole: We wouldnt get any benefit, with changing the algo, but it would be very difficult...
(just imagine how to calculate converting old (scrypt-n) coins to new (eg.: X11) coins ?)

[xinwao]

Dear DEV please do not forget about

To have and keep Your trust we plan to let You know about details once in a week.
- Amount of MHS (Collateral Security)
- Weekly average income by the MHS
- Amount of reedemed VMCs

[Coin.millionair]

SPECIAL ANNOUNCEMENT

Weekly REEDEM LIMIT IS TEMPORARILY REDUCED TO: 1.000.000 VMC

Dear VMC Community


Due to the extreme price crash of BTC, we must protect our collateral security and save at least half of the ZenHash income.
We save it for purchasing some more MHS to be able to increase VMC security !

In the last 7 days BTC price have dropped 25% and more than 10% only today !!!
With this trend our ZenHash imcome is also decreased a lot, since we pay the fees in USD, deducted from the BTC income.

This means we have less fund to cover weekly reedeming and less to purchase some more MHS.

Additionally BTC price is a big factor to define weekly reedem price !
Therefore, with low BTC price, reedem price is increasing...

Remember to use the calculator to get the correct weekly reedem price: https://mega.co.nz/#!IB0Rwb6T!4qRZ0EvbKRQeCF8VeT1bhLD3TM0AabBN-3i6G2GSRSw


With current BTC price (298$) the weekly reedem price next week possibly will be: 1 VMC = 0.00000015 BTC


Hopefully BTC price dropping is going to STOP soon and Crypto World will be back to normal !

Contact info@virtualmining.org  to rreedem ur VMCs

[Coin.millionair]

Dear DEV please do not forget about

To have and keep Your trust we plan to let You know about details once in a week.
- Amount of MHS (Collateral Security)
- Weekly average income by the MHS
- Amount of reedemed VMCs

Weekly Report:

- Amount of MHS (Collateral Security)      -    188 MHS  (+2 MHS this week)
- Weekly average income by the MHS     -    0.36 BTC
- Amount of reedemed VMCs[/i]              -    Last week : 1.800.000VMC  (Total: 8.080.000 VMC)


Additional info:
We have spent ~0.2 BTC for buying ~ 4000 votes on SwissCex.
We have spent 0.198 BTC for reedeming 1.800.000 VMCs
Weekly income is greatly reduced (comparing to last week) due to maintenance fees are paid by BTC.
Since we purchase MHS paying in BTC, with this low BTC value 1 MHS is ~ 0.07 BTC


You can see that weekly income was NOT enough for all the expenses, so we used our own funds to finance everything !
That's All for VMC and its Community !!!

[code]

Is there somewhere online webgage where is amount of mined WMC and total possible VMC to mine?

coin.millionair: Thx for updated.

[Coin.millionair]

Is there somewhere online webgage where is amount of mined WMC and total possible VMC to mine?

coin.millionair: Thx for updated.

We are working on NEW Block Explorer...
Will be linked here soon.

It will have Rich List and other cool features 

[Coin.millionair]

Is there somewhere online webgage where is amount of mined WMC and total possible VMC to mine?

coin.millionair: Thx for updated.

Currently we are at 222851 blocks and 48million VMC minted, out of 100million.
Actually its Halftime !!!

Dont forget about the 8.080.000 reedemed coins !!!
They will be destroyed or (if not possible, then) locked into a wallet, so they cannot be sold/dumped ever !!!

[Danz0r77]

Hey

Just downloaded the latest wallet on Windows but I'm not getting any connections. Have left it open for several hours but nothing. Is there a working node I can add or something?

[FGA]

try add node in debug console

addnode 67.231.63.46 add
addnode 37.59.103.62 add

[Danz0r77]

try add node in debug console

addnode 67.231.63.46 add
addnode 37.59.103.62 add

Thanks - they worked