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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1346484 times)
jdebunt
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June 07, 2014, 01:02:16 PM
 #1961

Due to popular demand, I finally completed my VeriCoin article :

http://www.cryptoarticles.com/crypto-news/vericoin-versatile-crypto-with-unique-staking-incentives#

Pleae share Smiley
Some PGP public keys you should import: theymos, BadBear, Sirius, Stefan, Wladimir, Gavin, Gregory, Jeff, Pieter
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June 07, 2014, 01:12:44 PM
 #1962

Due to popular demand, I finally completed my VeriCoin article :

http://www.cryptoarticles.com/crypto-news/vericoin-versatile-crypto-with-unique-staking-incentives#

Pleae share Smiley

Thanks for the great article. I will tweet it to all my followers.

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June 07, 2014, 01:37:00 PM
 #1963

To anyone buying this...kudos, but I hope you know that cinnicoin is releasing a Wallet this weekend with anon encrypted messaging plus anon transfers, and it will be NON beta

Agree

No its not gonna be this weekend, it'll be in 5-7 days so...
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June 07, 2014, 01:37:24 PM
 #1964

To anyone buying this...kudos, but I hope you know that cinnicoin is releasing a Wallet this weekend with anon encrypted messaging plus anon transfers, and it will be NON beta

Agree

haha.

ni pao zheli laile.

bielai wuyang?

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June 07, 2014, 01:45:43 PM
 #1965

Another pool concern regarding getting paid... I mined on the pool for 6hours Scrypt with 35MH, it's been over 24hours with 0 payment. I see a lot of hype around this coin and it's great for the folks that already have VRC, they are in a good position with the price going up etc.. but I find it hard to point my miners to the pool with no payouts. Even a pool in Alpha testing should at least pay it's workers. If you are legit and people just need to wait longer then remove "high frequency sub-daily payouts" from the site or put up testing Alpha testing disclaimer. High hash rate or low, both can make or break a coin. Someone with a 200k miner today may have 500MH next month or buy a bunch so keep that in mind.

With the said, what's the holdup on payouts? Why are some being paid and other not? Are you only paying your friends? JK Wink lol

I want to support the coin as a miner not a buyer but I can't do that unless I know I'm not wasting my time. We all know that in the mining game, time is money!

'¸ __ ¸*ˆ * ·¸ ____ ¸*ˆ*· ¸ ______________________ ¸ ·*ˆ*¸ ____ ¸· * ˆ*¸ __ ¸'
. `·.,¸¸,.' .CKPOOL.ORG - Zero Fee Anonymous Bitcoin Mining Pool´ . . . '.,¸¸,.·´ .
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June 07, 2014, 01:46:30 PM
 #1966

As a fairly large coin holder I think I have just as much right as you do to state my opinion...which is actually FACT.  For you to start calling names just shows how childish you are.  I do not want to see someone sit here and milk or rip off miners who are constantly coming in here commenting about not getting paid.  There are other pools that have it set up where the miners can get paid in MULTIPLE different coins so for you to say that it is still in the "alpha" stage is just trying to get more time to rip off miners.  You obviously are not one that is not getting paid.  If you are and are still buying the line about it still being in the alpha stage the you are one of the ones being led around like little sheep saying to da moon everything it perfect with this coin..blah blah.  Well I am pointing out something that is very wrong.  There is no reason for it to be in the alpha or even beta stage.  It is not even a new or tested concept when others are already doing it.  Maybe there needs to be more than 1 multipool if they can not handle this.  As far as me continuing to help test "your" coin...lmao..  It is pure stupidity if you can't see what is going on.  Either they are totally incompetent or they are ripping people off instead of paying them.  In either case there should be another pool.  This is not "your" coin.  It is all of ours.  Keep writing your articles..that is great for the community but let miners who come in here constantly and ask about a problem have their problems addressed and handled, not just given a lame excuse like "it is in alpha stage".  Instead of calling someones comments moronic, you could see the problem and try do something to resolve it.  Maybe you know nothing about the subject though which is fine but don't call others comments moronic when you obviously are not or can not add something to the solution.  At least tell the miners the truth and say you chose the wrong people to have your pool and that they are being ripped off.  Not that they are still in alpha testing stage.  Have a great day.  I know I will.   Grin  

Edit:  See another miner making my point.  I agree with what he said except for him saying that everyone knows mining.  They obviously do not.  You would think they would know that they would if they have been around long enough but maybe they just dont care.  I am mining another pool now and have already started making my money back so that I can buy some more coins.  It is not as good as mining them for sure but being lied to and ripped off is no fun either.  Especially when the truth is sooo obvious.  Cheers   Grin
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June 07, 2014, 01:49:33 PM
 #1967

As a fairly large coin holder I think I have just as much right as you do to state my opinion...which is actually FACT.  For you to start calling names just shows how childish you are.  I do not want to see someone sit here and milk or rip off miners who are constantly coming in here commenting about not getting paid.  There are other pools that have it set up where the miners can get paid in MULTIPLE different coins so for you to say that it is still in the "alpha" stage is just trying to get more time to rip off miners.  You obviously are not one that is not getting paid.  If you are and are still buying the line about it still being in the alpha stage the you are one of the ones being led around like little sheep saying to da moon everything it perfect with this coin..blah blah.  Well I am pointing out something that is very wrong.  There is no reason for it to be in the alpha or even beta stage.  It is not even a new or tested concept when others are already doing it.  Maybe there needs to be more than 1 multipool if they can not handle this.  As far as me continuing to help test "your" coin...lmao..  It is pure stupidity if you can't see what is going on.  Either they are totally incompetent or they are ripping people off instead of paying them.  In either case there should be another pool.  This is not "your" coin.  It is all of ours.  Keep writing your articles..that is great for the community but let miners who come in here constantly and ask about a problem have their problems addressed and handled, not just given a lame excuse like "it is in alpha stage".  Instead of calling someones comments moronic, you could see the problem and try do something to resolve it.  Maybe you know nothing about the subject though which is fine but don't call others comments moronic when you obviously are not or can not add something to the solution.  At least tell the miners the truth and say you chose the wrong people to have your pool and that they are being ripped off.  Not that they are still in alpha testing stage.  Have a great day.  I know I will.   Grin  



The length of your single block of text speaks more volumes than its content ever can.


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PLINKO       
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LOTTO            
parker928
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June 07, 2014, 01:50:30 PM
 #1968

i told you not to be a prick, because you were being one. you are being impatient and pointing a finger at the pool operator because of your impatience.

you have notified him that you haven't received a payout yet. he knows. relax.

by the way, have you noticed how you are the only person saying negative things on this forum...?

you voiced your concerns. they will be addressed. the veripool is not a scam
bitcad4u
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June 07, 2014, 01:51:08 PM
 #1969

Hey everyone - keep on buying, its good for your health...dont stop!

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June 07, 2014, 01:55:50 PM
 #1970

It means a whole lot more than yours does lmao.  See you kids around.


Another child sheep calling names....ohh this is funnier by the minute.  I am not the only one.  I can just see through the lies when you can't.  Watch now...all of a sudden they will come out saying it was some little problem and that it is fixed or some other excuse.  I know I know.
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June 07, 2014, 02:01:30 PM
 #1971

To those with questions/complaints about the pool:

Every time I've posted about it I've said it's in allpha. Because it's in Alpha, we haven't gotten X11 stats working right, our payouts are buggy still, and it generally isn't perfect. You will get paid out. You will make at least roughly what you would make mining litecoin unless the market tanks. Please wait for payouts. We are trying to do something most multipools don't which is pay out many times a day. If we don't, sorry.

When we find a block, it takes time to pay out. This is what has to happen:

1. Block found
2. Block maturity time passes (4 hrs for Doge for example)
3. Coins in block sent to exchange and orders made, some coins are stored for our OBA to process to enhance profitability. When the market is climbing like it is today the OBA sells immediately. When it's tanking, it waits.
4. Coins now sent back to VRC wallet and distributed once your balance >1 VRC

We have been having bugs with people mining to addresses that aren't VRC addresses. We are adding code to verify addresses now, but that held payments up for many hours over the past couple days.

Please make sure you are using a real VRC address or you won't be paid.


If you haven't been paid in over 24 hours pm me with your address, hash rate, and time spent mining.

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
majsta
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June 07, 2014, 02:05:38 PM
 #1972

Ok there is something definitely wrong with VeriPool and I m considering to stop mining.
Before this rise of price, if we assume that system buys VRC according to exchange rate that is on market in that specific moment, I should get about 1000 or more VRC per day, instead on that period I have got about 10 VRC in small amounts like this one 0.19314334. Then for about 15 hours nothing and then 2 payouts one about 10 and another about 13 VRC. In that period VRC price was 3 times higher but then again it is too low.
If we consider that if I mine any non profitable coin can bring me 0.02 BTC per day with the rigs I m using on VeriPool. Selling those coins and using those BTC can bring me more VRC, lot more than mining on VeriPool. In fact in the first day on VeriPool I earned more from the stake than from pool itself.
So, again there is no chance that something is wrong with my rigs or something else, most of us here have years of experience in mining and simple answer that work is in progress can't explain this.  

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June 07, 2014, 02:16:07 PM
 #1973

Ok there is something definitely wrong with VeriPool and I m considering to stop mining.
Before this rise of price, if we assume that system buys VRC according to exchange rate that is on market in that specific moment, I should get about 1000 or more VRC per day, instead on that period I have got about 10 VRC in small amounts like this one 0.19314334. Then for about 15 hours nothing and then 2 payouts one about 10 and another about 13 VRC. In that period VRC price was 3 times higher but then again it is too low.
If we consider that if I mine any non profitable coin can bring me 0.02 BTC per day with the rigs I m using on VeriPool. Selling those coins and using those BTC can bring me more VRC, lot more than mining on VeriPool. In fact in the first day on VeriPool I earned more from the stake than from pool itself.
So, again there is no chance that something is wrong with my rigs or something else, most of us here have years of experience in mining and simple answer that work is in progress can't explain this.  

Please PM me.

In fact, anyone with payout questions, just PM me. I can't track every one of you down every time.

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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June 07, 2014, 02:16:41 PM
 #1974

Ok there is something definitely wrong with VeriPool and I m considering to stop mining.
Before this rise of price, if we assume that system buys VRC according to exchange rate that is on market in that specific moment, I should get about 1000 or more VRC per day, instead on that period I have got about 10 VRC in small amounts like this one 0.19314334. Then for about 15 hours nothing and then 2 payouts one about 10 and another about 13 VRC. In that period VRC price was 3 times higher but then again it is too low.
If we consider that if I mine any non profitable coin can bring me 0.02 BTC per day with the rigs I m using on VeriPool. Selling those coins and using those BTC can bring me more VRC, lot more than mining on VeriPool. In fact in the first day on VeriPool I earned more from the stake than from pool itself.
So, again there is no chance that something is wrong with my rigs or something else, most of us here have years of experience in mining and simple answer that work is in progress can't explain this.  

Dont go getting all irational and making accusations or FUD.. im mining and have been gettign the Payout just fine on my VRC address
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June 07, 2014, 02:24:21 PM
 #1975

Ok there is something definitely wrong with VeriPool and I m considering to stop mining.
Before this rise of price, if we assume that system buys VRC according to exchange rate that is on market in that specific moment, I should get about 1000 or more VRC per day, instead on that period I have got about 10 VRC in small amounts like this one 0.19314334. Then for about 15 hours nothing and then 2 payouts one about 10 and another about 13 VRC. In that period VRC price was 3 times higher but then again it is too low.
If we consider that if I mine any non profitable coin can bring me 0.02 BTC per day with the rigs I m using on VeriPool. Selling those coins and using those BTC can bring me more VRC, lot more than mining on VeriPool. In fact in the first day on VeriPool I earned more from the stake than from pool itself.
So, again there is no chance that something is wrong with my rigs or something else, most of us here have years of experience in mining and simple answer that work is in progress can't explain this.  

That sounds like interest from staking?
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June 07, 2014, 02:28:52 PM
 #1976

It means a whole lot more than yours does lmao.  See you kids around.


Another child sheep calling names....ohh this is funnier by the minute.  I am not the only one.  I can just see through the lies when you can't.  Watch now...all of a sudden they will come out saying it was some little problem and that it is fixed or some other excuse.  I know I know.

dude, you are starting to look like a real asshole now. if you don't like the coin, then leave.
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June 07, 2014, 02:30:46 PM
 #1977

@pookielax31 Where did you notice in my post that I m making some accusations that someone is taking coins. I just said something is wrong. I also said that I m receiving coins but said that I m receiving maybe 10% of what I have earned according to 0.02 BTC earnings per day calculations.

@fiftyseven no interest from staking is another thing, for example I earned from staking 3.5 VRC on 6/5/2014 and from VeriPool for complete day of mining got nothing.

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June 07, 2014, 02:31:40 PM
 #1978

It means a whole lot more than yours does lmao.  See you kids around.


Another child sheep calling names....ohh this is funnier by the minute.  I am not the only one.  I can just see through the lies when you can't.  Watch now...all of a sudden they will come out saying it was some little problem and that it is fixed or some other excuse.  I know I know.

So you don't want help because you think a fix is inevitable? Then what's your problem?


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pnosker
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June 07, 2014, 02:34:22 PM
 #1979

Ok, I think this will solve many mining problem issues.

YOU ARE NOT GOING TO BE GETTING AS MANY VERICOIN FROM MINING AS YOU WERE 5 DAYS AGO.

Ok, now that you know that, here's why:

X11 profitability is extremely low right now. It's 0.00028690/day profitability per MH/day at most.
Scrypt profitability is also low right now. It's 0.00182053/day profitability  per MH/day at most.

Let's just assume VeriCoin climbed from 0.00001 BTC per coin to 0.00015 BTC per coin over the last few days. If profitability was the same, you would be making 15x less coin. If you were mining 100 VRC a day before, you are now making less than 7. That's how it works when we have to buy coins at market prices.

Now it's even worse because X11 went down from 0.0035 BTC/day profitability per MH. Scrypt is down too.

So please don't come here and complain that you are being scammed because you aren't making as much as before.

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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June 07, 2014, 02:35:26 PM
 #1980

@pookielax31 Where did you notice in my post that I m making some accusations that someone is taking coins. I just said something is wrong. I also said that I m receiving coins but said that I m receiving maybe 10% of what I have earned according to 0.02 BTC earnings per day calculations.

@fiftyseven no interest from staking is another thing, for example I earned from staking 3.5 VRC on 6/5/2014 and from VeriPool for complete day of mining got nothing.

6/5 we didn't pay out and did a double payout on 6/6. We had an autopayout bug.

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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