dmgta
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May 13, 2014, 05:08:21 PM |
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How is it that a pool with over 10% of the nethash has not found a block in the last hour, most listed pools have no miners, the total of all listed pools have less than 20% of the total hash....
I conclude there is a gigantic private pool or ASIC farm on this, and therefore the coin is not secure due to being vulnerable to a 51% attack. The dev's own pool, possibly?
I am staying away...mining or trading.
Do you know who the OP on this coin is? do your research before spreading FUD. He is a respected Actual Financial Advisor with his own Firm and is a respected mainstream media investor on CNBC. He has no need to do this and also he is one of the only coin owners who actually did not remain anonymous. Don't mine it or Buy it it's more for me and i'll laugh at you when this hits .001
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curiouser
Newbie
Offline
Activity: 52
Merit: 0
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May 13, 2014, 05:13:49 PM |
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How is it that a pool with over 10% of the nethash has not found a block in the last hour, most listed pools have no miners, the total of all listed pools have less than 20% of the total hash....
I conclude there is a gigantic private pool or ASIC farm on this, and therefore the coin is not secure due to being vulnerable to a 51% attack. The dev's own pool, possibly?
I am staying away...mining or trading.
Do you know who the OP on this coin is? do your research before spreading FUD. He is a respected Actual Financial Advisor with his own Firm and is a respected mainstream media investor on CNBC. He has no need to do this and also he is one of the only coin owners who actually did not remain anonymous. Don't mine it or Buy it it's more for me and i'll laugh at you when this hits .001 All the more reason to suspect he has his own giant mining pool. What other explanation do you have for where all the hash is coming from?
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BittersNVermouth
Newbie
Offline
Activity: 4
Merit: 0
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May 13, 2014, 05:17:46 PM |
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It seems a little like a pump if you ask me... what is really that good about it
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BK_PHI (OP)
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May 13, 2014, 05:24:17 PM |
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How is it that a pool with over 10% of the nethash has not found a block in the last hour, most listed pools have no miners, the total of all listed pools have less than 20% of the total hash....
I conclude there is a gigantic private pool or ASIC farm on this, and therefore the coin is not secure due to being vulnerable to a 51% attack. The dev's own pool, possibly?
I am staying away...mining or trading.
Do you know who the OP on this coin is? do your research before spreading FUD. He is a respected Actual Financial Advisor with his own Firm and is a respected mainstream media investor on CNBC. He has no need to do this and also he is one of the only coin owners who actually did not remain anonymous. Don't mine it or Buy it it's more for me and i'll laugh at you when this hits .001 All the more reason to suspect he has his own giant mining pool. What other explanation do you have for where all the hash is coming from? I do not have my own mining pool - in fact I have not mined the coin since the pre-mine. I have purchased coins in the open market for my own investment purposes, in fact I bought the very first coins at 0.0004 BTC and will not sell them for a long long time. -BK
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PilotofBTC
Legendary
Offline
Activity: 1736
Merit: 1001
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May 13, 2014, 05:27:17 PM |
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Hi, guys
We now support Scrypt ASIC miners.
We have updata the pool config. Now, you can use stratum+tcp://stratum.0feepool.com:3005 with high hashrate rigs.
The 3005 port is vardiff and started with diff 1024. So it should be enough for hundreds MH/s rigs.
Now, put your high hashrate rigs to the biggest naut pool http://naut.0feepool.com and mine with stratum+tcp://stratum.0feepool.com:3005 It will be higher efficiency than other pools.
so now fail with a rig 500MH? I'm about to do something crazy. I have to rent a 350mh and could not connect me to your pool, now get that are good news ..:-P Check the stratum address. I think it is supposed to be naut.0feepool.com NOT stratum.0feepool.com ! Berric can you confirm?
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jjj0923
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May 13, 2014, 05:35:45 PM |
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How is it that a pool with over 10% of the nethash has not found a block in the last hour, most listed pools have no miners, the total of all listed pools have less than 20% of the total hash....
I conclude there is a gigantic private pool or ASIC farm on this, and therefore the coin is not secure due to being vulnerable to a 51% attack. The dev's own pool, possibly?
I am staying away...mining or trading.
yes - there is a large private poo mining. (not mine - wish it was tho)
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jjj0923
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May 13, 2014, 05:37:32 PM |
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How is it that a pool with over 10% of the nethash has not found a block in the last hour, most listed pools have no miners, the total of all listed pools have less than 20% of the total hash....
I conclude there is a gigantic private pool or ASIC farm on this, and therefore the coin is not secure due to being vulnerable to a 51% attack. The dev's own pool, possibly?
I am staying away...mining or trading.
Do you know who the OP on this coin is? do your research before spreading FUD. He is a respected Actual Financial Advisor with his own Firm and is a respected mainstream media investor on CNBC. He has no need to do this and also he is one of the only coin owners who actually did not remain anonymous. Don't mine it or Buy it it's more for me and i'll laugh at you when this hits .001 All the more reason to suspect he has his own giant mining pool. What other explanation do you have for where all the hash is coming from? I do not have my own mining pool - in fact I have not mined the coin since the pre-mine. I have purchased coins in the open market for my own investment purposes, in fact I bought the very first coins at 0.0004 BTC and will not sell them for a long long time. -BK 5 days ago I was getting over 150 every hour with just 27 mhs - my how times have changed!
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jjj0923
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May 13, 2014, 05:40:12 PM |
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just broke 30000 yatoshi!
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cloudboy
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May 13, 2014, 05:53:46 PM |
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just broke 30000 yatoshi!
...and a bunch of people just dumped. Some people hold out for such small rewards. Sigh... At least us holders will be duly rewarded.
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chesthing
Legendary
Offline
Activity: 1414
Merit: 1000
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May 13, 2014, 06:25:10 PM |
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I don't get the stabilization property. Looking at the charts over the last week sure looks like a massive pump/dump coin to me.
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jjj0923
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May 13, 2014, 06:26:17 PM |
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still climbing
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cryptocointools
Full Member
Offline
Activity: 224
Merit: 100
CryptocoinTools.com
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May 13, 2014, 06:35:11 PM |
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I don't get the stabilization property. Looking at the charts over the last week sure looks like a massive pump/dump coin to me.
Yea I think its too early to tell. There is always going to be early dumpers when its newish. But I know the multi-pools are starting to support this coin quick. With the Nautiluscoin Stabilization Fund, its kind of like a miners dream as far as having stable price to sell at. Can pretty much dump anytime and make decent mining profit, then buy other coins. Hopefully, this won't have too big of a negative impact.
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Gunther
Legendary
Offline
Activity: 840
Merit: 1000
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May 13, 2014, 06:46:38 PM |
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DigiShield will prevent big multipools from mining Nautilus.
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Alisho
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May 13, 2014, 07:41:01 PM |
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Hey guys how many NAUT are mined till now? Where can I check it?
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PilotofBTC
Legendary
Offline
Activity: 1736
Merit: 1001
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May 13, 2014, 07:51:22 PM |
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Brian, you talked about adding PoS to this coin. I think it would be a nice way to go... assuming it can happen. I'm involved in some other PoS coins and getting interest just for holding is a nice feature.
But, wouldn't that mean versioning/forking the block chain?
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cloudboy
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May 13, 2014, 08:00:52 PM |
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There aren't really any big sell walls until 40k satoshis. Let's get up there!
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cloudboy
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May 13, 2014, 08:28:30 PM |
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Can someone explain to me...how is this coin being ignored so much?? Usually mintpal and coinmarketcap are all over coins doing this well!
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