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Author Topic: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!  (Read 284890 times)
AizenSou
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June 07, 2014, 12:17:46 PM
 #1561

could you please explain what will happen if i burn 1 coin? or 0.1?

Great explanation from earlier in the thread:

  • PoB is the same as mining contracts! This is great, because every miner doing PoB has the same probability of hitting PoB blocks. Further burning coins is like extending your mining contract, not contracting more hashing power.
  • You can know how much of your burnt coins has been used to hash on PoB via the decay feature. Decay/Confirmed Burnt coins = Percentage done of the "mining contract".

No its not. The more coins you burn the more chance of hitting a PoB block. If you burn only 10 coins chances you find a PoB block are almost none. Don't fucking spread misinformation.

You're right. From the whitepaper: "The more coins that are burnt, the smaller this unique burn hash will be, making it more likely to be valid and accepted by the network."

Gonna go back and edit my post.

The whole concept of PoB is just stupid in my opinion, more or less the same as PoS. This coin is dead.

Dead? So you are not the one with 180 khs @ slimmerpool right now?
Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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June 07, 2014, 12:19:02 PM
 #1562

could you please explain what will happen if i burn 1 coin? or 0.1?

Great explanation from earlier in the thread:

  • PoB is the same as mining contracts! This is great, because every miner doing PoB has the same probability of hitting PoB blocks. Further burning coins is like extending your mining contract, not contracting more hashing power.
  • You can know how much of your burnt coins has been used to hash on PoB via the decay feature. Decay/Confirmed Burnt coins = Percentage done of the "mining contract".

No its not. The more coins you burn the more chance of hitting a PoB block. If you burn only 10 coins chances you find a PoB block are almost none. Don't fucking spread misinformation.

You're right. From the whitepaper: "The more coins that are burnt, the smaller this unique burn hash will be, making it more likely to be valid and accepted by the network."

Gonna go back and edit my post.

The whole concept of PoB is just stupid in my opinion, more or less the same as PoS. This coin is dead.

Dead? So you are not the one with 180 khs @ slimmerpool right now?

No i am solo-ing with the wallet, dumping everything on the exchange before the price plummets

You meant this guy ?
SUMQVpw7GUrsW9vxnHNWsLyPPXFPC5pWXV   0.01233384   0.00005584    99.54%   172.44 KH

Thats one stupid miner, i've been getting a lot of blocks solo mining with about the same hash rate, 3x more than the pool pays.

current  "difficulty" : 0.07642423,

Difficulty was 0.29xxxxx yesterday
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June 07, 2014, 12:35:30 PM
 #1563

First time i feel sorry for the suckers...err..investors that bought my slm at 005-007 in the first 48h after launch.
AizenSou
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June 07, 2014, 12:35:41 PM
 #1564


No i am solo-ing with the wallet, dumping everything on the exchange before the price plummets

You meant this guy ?
SUMQVpw7GUrsW9vxnHNWsLyPPXFPC5pWXV   0.01233384   0.00005584    99.54%   172.44 KH

Thats one stupid miner, i've been getting a lot of blocks solo mining with about the same hash rate, 3x more than the pool pays.

current  "difficulty" : 0.07642423,

Difficulty was 0.29xxxxx yesterday

Solo would be the best option with current diff. But slimminer never works for me in linux? Did you manage to solomine in linux or you use windows?
Btw so you are the one who dumps SLM price to the ground, right?  Grin
With your hashing power and current interest in this coin, no wonder the price drops more than 2000%.
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June 07, 2014, 12:40:02 PM
 #1565


No i am solo-ing with the wallet, dumping everything on the exchange before the price plummets

You meant this guy ?
SUMQVpw7GUrsW9vxnHNWsLyPPXFPC5pWXV   0.01233384   0.00005584    99.54%   172.44 KH

Thats one stupid miner, i've been getting a lot of blocks solo mining with about the same hash rate, 3x more than the pool pays.

current  "difficulty" : 0.07642423,

Difficulty was 0.29xxxxx yesterday

Solo would be the best option with current diff. But slimminer never works for me in linux? Did you manage to solomine in linux or you use windows?
Btw so you are the one who dumps SLM price to the ground, right?  Grin
With your hashing power and current interest in this coin, no wonder the price drops more than 2000%.


I dump no more than 1000/day so no, i am not the only one. I use linux wallet to solo, i run 30 instances on 1 server and mine from other servers via slimminer.
AizenSou
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June 07, 2014, 12:59:40 PM
 #1566


No i am solo-ing with the wallet, dumping everything on the exchange before the price plummets

You meant this guy ?
SUMQVpw7GUrsW9vxnHNWsLyPPXFPC5pWXV   0.01233384   0.00005584    99.54%   172.44 KH

Thats one stupid miner, i've been getting a lot of blocks solo mining with about the same hash rate, 3x more than the pool pays.

current  "difficulty" : 0.07642423,

Difficulty was 0.29xxxxx yesterday

Solo would be the best option with current diff. But slimminer never works for me in linux? Did you manage to solomine in linux or you use windows?
Btw so you are the one who dumps SLM price to the ground, right?  Grin
With your hashing power and current interest in this coin, no wonder the price drops more than 2000%.


I dump no more than 1000/day so no, i am not the only one. I use linux wallet to solo, i run 30 instances on 1 server and mine from other servers via slimminer.

slimminer in linux works solo for you? I mean the servers you got slimminer running is linux too, right?
Cool. Would you mind sharing your config and where do you get the slimminer? I tried a lot and it never works.
Thanks in advance.
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June 07, 2014, 01:03:09 PM
 #1567


No i am solo-ing with the wallet, dumping everything on the exchange before the price plummets

You meant this guy ?
SUMQVpw7GUrsW9vxnHNWsLyPPXFPC5pWXV   0.01233384   0.00005584    99.54%   172.44 KH

Thats one stupid miner, i've been getting a lot of blocks solo mining with about the same hash rate, 3x more than the pool pays.

current  "difficulty" : 0.07642423,

Difficulty was 0.29xxxxx yesterday

Solo would be the best option with current diff. But slimminer never works for me in linux? Did you manage to solomine in linux or you use windows?
Btw so you are the one who dumps SLM price to the ground, right?  Grin
With your hashing power and current interest in this coin, no wonder the price drops more than 2000%.


I dump no more than 1000/day so no, i am not the only one. I use linux wallet to solo, i run 30 instances on 1 server and mine from other servers via slimminer.

slimminer in linux works solo for you? I mean the servers you got slimminer running is linux too, right?
Cool. Would you mind sharing your config and where do you get the slimminer? I tried a lot and it never works.
Thanks in advance.

I paid a bounty for wallet and slimminer static builds. I'm now releasing them to everyone :
https://mega.co.nz/#!xYgQ0I5K!As6jpVTIice_a0AcjpY1YMzapWJ_1_En4zueKZNiVsU
sandor111
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June 07, 2014, 01:07:52 PM
 #1568

Pool is under maintenance - duration 1-2 hours.

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June 07, 2014, 01:08:50 PM
 #1569

Pool is under maintenance - duration 1-2 hours.

Thank you. Let the instamine for us soloing begin Smiley
AizenSou
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June 07, 2014, 01:17:03 PM
 #1570


I paid a bounty for wallet and slimminer static builds. I'm now releasing them to everyone :
https://mega.co.nz/#!xYgQ0I5K!As6jpVTIice_a0AcjpY1YMzapWJ_1_En4zueKZNiVsU


Wow, that's very nice from you. I will test it and report back. Thanks.
Btw if SLM price crashes that much, it would be wiser to mine cryptonote coins, at least it is more profitable than SLM now, right?
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June 07, 2014, 01:22:20 PM
 #1571


I paid a bounty for wallet and slimminer static builds. I'm now releasing them to everyone :
https://mega.co.nz/#!xYgQ0I5K!As6jpVTIice_a0AcjpY1YMzapWJ_1_En4zueKZNiVsU


Wow, that's very nice from you. I will test it and report back. Thanks.
Btw if SLM price crashes that much, it would be wiser to mine cryptonote coins, at least it is more profitable than SLM now, right?

I'm mining MRO (eh XRM) with 5 GPU, making only 15 euro a day.. but keeping them all, got 750 XRM now and the value will double at least when people realise how good the coin and community is. Developers from other coins are switching over to XRM and it's in competition vs bitcoin.
sandor111
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June 07, 2014, 01:26:56 PM
 #1572

Pool is under maintenance - duration 1-2 hours.

Pool is back up actually, but there will be intermittent downtime while I make changes.

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June 07, 2014, 01:36:16 PM
 #1573

The developer really did give up on this coin and opened a new one :
https://bitcointalk.org/index.php?topic=643145.new#new
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June 07, 2014, 03:06:19 PM
 #1574

OK, maintenance is over. Everything should be smooth now. Smiley

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June 07, 2014, 03:39:27 PM
 #1575

The burn block I found is confirmed with 8 confirmations, but it doesnt show the 11 coins in any of my balances...why is that Huh
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June 07, 2014, 03:40:42 PM
 #1576

The burn block I found is confirmed with 8 confirmations, but it doesnt show the 11 coins in any of my balances...why is that Huh
because the wallet is broken, you did not find a pob block. click on it for more info. or use listtransactions for real info
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June 07, 2014, 03:47:11 PM
 #1577

The burn block I found is confirmed with 8 confirmations, but it doesnt show the 11 coins in any of my balances...why is that Huh
because the wallet is broken, you did not find a pob block. click on it for more info. or use listtransactions for real info

block info:
Status: 9 confirmations
Date: 6/7/2014 11:28
From: unknown
To: SifJguMdLM8mLoVwHfJ1GvXdh7w7DaVxho (yours)
Credit: 0.098884 SLM
Net amount: +0.098884 SLM
Transaction ID: 1f840296fde193d780c0b32e4a92ee2c2f2869ffa362d736ff457d9e99ac9708

most recent listtransaction:
{
"account" : "",
"address" : "SifJguMdLM8mLoVwHfJ1GvXdh7w7DaVxho",
"category" : "receive",
"amount" : 0.09888400,
"confirmations" : 6,
"blockhash" : "d069304e6393b8a81a852862bfac1a82a33f81269cb1d9af5c5a13d783a178b1",
"blockindex" : 1,
"txid" : "1f840296fde193d780c0b32e4a92ee2c2f2869ffa362d736ff457d9e99ac9708",
"time" : 1402154924
}

fucking wallet. so i guess i did get something, 0.1 coins and not the 11.1156 that its supposed to be -_-
Stormbringer
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June 07, 2014, 03:54:54 PM
 #1578

The developer really did give up on this coin and opened a new one :
https://bitcointalk.org/index.php?topic=643145.new#new

allready moved to selfmoderated thread https://bitcointalk.org/index.php?topic=643300.new#new
they (or he) don't wanna hear criticism

BTC:14aefvedNKjJJoHZ8Pv5LqXqjj5Nprd89d
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June 07, 2014, 04:14:21 PM
 #1579

The burn block I found is confirmed with 8 confirmations, but it doesnt show the 11 coins in any of my balances...why is that Huh
because the wallet is broken, you did not find a pob block. click on it for more info. or use listtransactions for real info
every time you don't like this coin
and you always at here
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June 07, 2014, 04:28:01 PM
 #1580

The burn block I found is confirmed with 8 confirmations, but it doesnt show the 11 coins in any of my balances...why is that Huh
because the wallet is broken, you did not find a pob block. click on it for more info. or use listtransactions for real info
every time you don't like this coin
and you always at here

I see you are active in the new moderated slim-coin fork thread. Let me tell you something, chance you get your fork on an exchange after slimcoin fiasco is zero to none. ZERO.

不可能 !!
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