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ATCkit
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May 22, 2014, 02:41:23 PM |
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Not to burst anybody's bubble but I can pretty much guarantee we won't see 240 GH on the multipool when POW ends. Probably nothing close.
Don't get me wrong its a very interesting idea and I think it will have some success, but in order for the multipool to work, somebody has to be selling their Sync for these altcoins. the multipool doesn't create Sync out of thin air.
So if everybody is holding their Sync and trying to mine on the multipool at the same time we have a problem. The multipool will be reliant on alt coin pumps to increase their value against Sync. This allows them to buy sync cheap. Otherwise they won't be able to exchange them to Sync for a profit (or atleast profits will be reduced). It will be more profitable for the miners just to mine the alt coin and get off the sync multipool.
The only way this multipool works is if people are selling their sync at a cheap rate as well as mining on the multipool.
well you just made the point of multipool very clear.. We do not generate coins (=impossible wit POS), we just make them more expensive! So if your scenario above comes throug we will be doing very small payouts, but with very high value! e.. payout 0.00001 SYNC with a value of 100 BTC/Sync  That is the way i see it too. Law of supply and demand. Fewer SYNC to buy means the price will be higher so it is more attractive to chase it. I think the multipool will be just fine...but time will tell. |
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dminer69
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May 22, 2014, 02:45:36 PM |
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i just picked up 2 sync lets see what happens!!
you got your spacesuit ready?  should i unpack that badboy? im hopping a 300 btc per sync  |
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ATCkit
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May 22, 2014, 02:49:32 PM |
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I have a stupid question. This is the first coin I have mined with x11, So I know very little about it. I was mining at Dedicated pool at the start, but as soon as the scrypt multipool started, I switched over to them, hoping for a better payout. I was not disappointed, I think it worked out quite well. Now the multipool offers x11 mining as well. I see that alot of people were waiting for X11 before joining the multipool. Which should I be mining? Here is what I have. 2 PC's running a total of 5 HD7950's. They get about 625 kh/s each scrypt (3.125 Mh/s scrypt total) For X11 they each get about 1.8 Ms/s (9 Mh/s X11 total) I run these at my work so electricity is free and heat is not a factor. Now that I can choose scrypt or X11 at the multipool, what is a better choice? What will get me the best bang for my buck? Sorry about the stupid questions, but I just don't know which way to go and I am hoping some of you salty dogs know the right choice. Thanks! I have the same thing... Will wait to see someone reply here regarding this. I am multi-pool developer and my advice is scrypt at the moment. Its because we still looking best coins to mine with x11. It will be solved in few days, likely tomorrow. EDIT: We are trying to bring current coin profitability stats to website in near future to solve this problem. I hope to see your pool on http://poolpicker.eu/ soon. It's the easiest place to compare multipools. Why is cinnipool doing so well? I gotta think if it can do so well, then a SYNC coin multi pool has to do much better. ...i think. |
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dioncodot
Member
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Activity: 61
Merit: 10
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May 22, 2014, 03:06:19 PM |
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PUMP..PUMPP.. LETS PUMP SYNC too slow in mintpal makes me so sleepy  |
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4roxx101
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May 22, 2014, 03:11:34 PM |
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which way will it go? up or down.....
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Mine Hard Mine Fast Mine The Future........
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4roxx101
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May 22, 2014, 03:12:42 PM |
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which way will it go? up or down.....
infact when will it ever end |
Mine Hard Mine Fast Mine The Future........
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MsCollec (OP)
Legendary
Offline
Activity: 1400
Merit: 1000
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May 22, 2014, 03:13:44 PM |
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Almost 700 Blocks left
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youngwebs
Legendary
Offline
Activity: 1080
Merit: 1055
DEV of DeepOnion community pool
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May 22, 2014, 03:15:15 PM |
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I hope to see your pool on http://poolpicker.eu/ soon. It's the easiest place to compare multipools. Why is cinnipool doing so well? I gotta think if it can do so well, then a SYNC coin multi pool has to do much better. ...i think. I don't think we can get listed, because we payout in SYNC (or pawn) and not in BTC (Like the other pools). As soon as we are done developing this pool we will see how they work exactly! |
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BEECoinfan
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May 22, 2014, 03:16:30 PM |
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Implement some anonymous technology for this coin and marketcap is your....
If MsCollec adds some of the Anonymous features (or even 1) when we come out of POW then Sync will be in a great position! |
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Kikyca
Full Member
Offline
Activity: 238
Merit: 100
FRX: Ferocious Alpha
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May 22, 2014, 03:19:48 PM |
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how long will it be mineable? Enjoy mining this coin |
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BEECoinfan
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May 22, 2014, 03:22:53 PM |
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how long will it be mineable? Enjoy mining this coin Not long less then 700 blocks left! |
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najzenmajsen
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May 22, 2014, 03:33:33 PM |
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After POS phase we'll go 5 -20 btc or so i belive , but we'll see maybe im just dreaming
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MsCollec (OP)
Legendary
Offline
Activity: 1400
Merit: 1000
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May 22, 2014, 03:47:36 PM |
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95 coins to go. The end is near and how many coins you will be holding when PoS arrives |
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Polly Stripe
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May 22, 2014, 03:51:02 PM |
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95 coins to go. The end is near and how many coins you will be holding when PoS arrives Modest 0.5 SYNC   If the price drops. buy more |
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raskul
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May 22, 2014, 03:54:38 PM |
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95 coins to go. The end is near and how many coins you will be holding when PoS arrives i've done ok... I should have ~2.25SYNC by the time PoS kicks in. and NO, you're not getting your hands on them, they're mine, all mine, you hear!!! |
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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youngwebs
Legendary
Offline
Activity: 1080
Merit: 1055
DEV of DeepOnion community pool
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May 22, 2014, 03:59:51 PM |
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95 coins to go. The end is near and how many coins you will be holding when PoS arrives i've done ok... I should have ~2.25SYNC by the time PoS kicks in. and NO, you're not getting your hands on them, they're mine, all mine, you hear!!! i have now like 0.01 SYNC, so let the coin go to 1 million BTC and i have some nice value.. |
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ando0022
Member
Offline
Activity: 98
Merit: 10
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May 22, 2014, 04:00:56 PM |
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95 coins to go. The end is near and how many coins you will be holding when PoS arrives i've done ok... I should have ~2.25SYNC by the time PoS kicks in. and NO, you're not getting your hands on them, they're mine, all mine, you hear!!! i have now like 0.01 SYNC, so let the coin go to 1 million BTC and i have some nice value.. don´t mine with your own multipool ?  |
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raskul
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May 22, 2014, 04:01:02 PM |
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95 coins to go. The end is near and how many coins you will be holding when PoS arrives i've done ok... I should have ~2.25SYNC by the time PoS kicks in. and NO, you're not getting your hands on them, they're mine, all mine, you hear!!! i have now like 0.01 SYNC, so let the coin go to 1 million BTC and i have some nice value.. just pointed my last rented X11 at the multipool... i'll probably rent more to boost it and support the pool/coin as and when i can afford it. |
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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MsCollec (OP)
Legendary
Offline
Activity: 1400
Merit: 1000
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May 22, 2014, 04:05:02 PM |
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We had insane hashrate throughout the PoW and the launch was fair to ensure wide distribution. I'm just like you all only managed to get 0.3 mined so far |
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youngwebs
Legendary
Offline
Activity: 1080
Merit: 1055
DEV of DeepOnion community pool
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May 22, 2014, 04:06:08 PM |
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95 coins to go. The end is near and how many coins you will be holding when PoS arrives i've done ok... I should have ~2.25SYNC by the time PoS kicks in. and NO, you're not getting your hands on them, they're mine, all mine, you hear!!! i have now like 0.01 SYNC, so let the coin go to 1 million BTC and i have some nice value.. don´t mine with your own multipool ? ow yes, you are right, i rented an x11 mining rig this morning to test the x11 part of our pool.. I rented it for a longer period, so hopefully a get a bit more sync now.. |
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