[ANN][GRE] GreenCoin | On Bittrex now!

[ncsupanda]

how about x11 and pos if your so concerned about the environment?

From research, you see that roughly 25% of the Carbon in the environment comes from electricity. Arguing that the amount of electricity in mining is what's causing the problem we are trying to fix seems to be a bad stance on our end. What do you think?

i think it's completely retarded to use the least efficient algo on a "green" coin and shows how well thought out this scam coin is.

We never looked at it in that regard; Not to mention this coin has been a long time coming. We will be adapting to what the community suggests, and would appreciate it if you didn't call us scammers. We are being 100% transparent in all things, and hope you see our side of things. When development of this project began, X11 and X13, etc, weren't used.

Thanks so much!

[IMJim]

I am by no means as wise with this stuff as many of the other members on this forum, but I don't see why scrypt would be so damn bad for this coin.  Watching many new launches of late with the newer x11 and x13 coins, I see the same problem existing that many complain about with Scrypt now, which seems to be mostly concerns with ASICs.  With the newer x11 and x13 coins, people with money to invest are just renting gigahashes of mining power to rape the coins off the start, far surpassing the hashing power of current or soon to be released ASICs anyways.

Personally I think the ideas, development team and premise behind a coin is FAR more important than the hashing algorithm the coins uses.  Having had communication with the dev behind this coin and what they are trying to accomplish with this coin, I think they have GREAT intentions and couldn't care less about the algorithm.  I say if it is going to take away focus from the real goals with this coin, leave it as scrypt.

You may all throw sticks and stones at me now:-)

[theequalizer]

i think it's completely retarded to use the least efficient algo on a "green" coin and shows how well thought out this scam coin is.

Efficiency depends on the hardware.

My 10 MHash GPU rig takes 600w.
My little 5,5 MHash Scrypt asic takes 100w.

With asics scrypt is much greener than x11.

[IMJim]

i think it's completely retarded to use the least efficient algo on a "green" coin and shows how well thought out this scam coin is.

Efficiency depends on the hardware.

My 10 MHash GPU rig takes 600w.
My little 5,5 MHash Scrypt asic takes 100w.

With asics scrypt is much greener than x11.

Good point!

[jjj0923]

I vote for scrypt

asic scrypt is the most energy efficient mining available.

if you truly are green then straight scrypt is the only way to go...

the guys at Einsteinium can't be wrong.

i sold all  my rigs in the past few weeks and only run asic scrypt now - I got tired of the electric bills and wanted more money to gas up up prius (not really - my prius already gets 54 mpg, I just wanted more beer money)

[ncsupanda]

I vote for scrypt

asic scrypt is the most energy efficient mining available.

if you truly are green then straight scrypt is the only way to go...

the guys at Einsteinium can't be wrong.

i sold all  my rigs in the past few weeks and only run asic scrypt now - I got tired of the electric bills and wanted more money to gas up up prius (not really - my prius already gets 54 mpg, I just wanted more beer money)

I am definitely taking this to heart. Hopefully you can give us a few MH/s Thanks for the info!

[jjj0923]

I vote for scrypt

asic scrypt is the most energy efficient mining available.

if you truly are green then straight scrypt is the only way to go...

the guys at Einsteinium can't be wrong.

i sold all  my rigs in the past few weeks and only run asic scrypt now - I got tired of the electric bills and wanted more money to gas up up prius (not really - my prius already gets 54 mpg, I just wanted more beer money)

I am definitely taking this to heart. Hopefully you can give us a few MH/s Thanks for the info!

well  - one thing is for certain - if you're not scrypt I won't be giving you anything and I have 180MH to spread around and I'm always looking for new coins.

[dismoon]

the price will be green!!!!

[jjj0923]

the price will be green!!!!

not unless you're listed it won't and someone needs to take that ball and run with it once the coin is launched.

and getting listed should occur as soon after mining starts as possible so the dumpers can start early and dump their coins - people who wait get baraged by huge dumps, then coin value plummets and never recovers. I saw it the other day with Hyper - it's now in the dumps and will stay there because they waited a few days to try and get listed and it gave everyone lots of time to accumulate large volumes of coins. They did very little and I wound up getting it listed for them just so I could sell my coins.

My recommendation is this: get the listing lined up before launch - buy your way onto a decent exchange like cryptsy and make mining difficult.

a person should not be able to mine more than 10 - 15 coins per days per/mh

that will keep values in the 10,000+ satoshi range and DO NOT offer BIG block reward at the outset. Sure it encourages mining but it encourages the pure profit seekers to mine the hell out of the coin for the first few days then dump.

and don't have a really big number of confirmations before confirming a block. Tag does that and it aggravates the hell out of people - they have to wait almost an entire day for a block to be confirmed and often miss being able to sell during price spikes.


In addition make sure to integrate Digishield and KGW to protect the difficulty from getting slammed permanently if you have huge network hash rates form time to time.

that's my .02

[Acidyo]

x11 or x13 is the way to go, I would also look at qubit if it interests you. But don't scrypt this one please for the love of god.

[asboxi]

remove scrypt pls

[jjj0923]

x11 or x13 is the way to go, I would also look at qubit if it interests you. But don't scrypt this one please for the love of god.

what do you care - your rigs can still do scrypt...

if fact before I sold all of my gpus all I did was scrypt because dodge and ltc were the most profitable...

you offer no valid argument as to why not to do scrypt.

[ncsupanda]

We have decided to implement Scrypt - Regardless of what algorithm we choose, there are going to be supporters and also attackers of our decisions. Our idea : Keep it simple, and let our implementation do the work. And, of course, remain transparent and active.

As for working to get listed: The talks are in the works, and I've also been contacted regarding games, a block explorer, all of the wallets. So, we are essentially setting up for a full launch.

Thanks!

[jjj0923]

We have decided to implement Scrypt - Regardless of what algorithm we choose, there are going to be supporters and also attackers of our decisions. Our idea : Keep it simple, and let our implementation do the work. And, of course, remain transparent and active.

As for working to get listed: The talks are in the works, and I've also been contacted regarding games, a block explorer, all of the wallets. So, we are essentially setting up for a full launch.

Thanks!

thanks - I'll be happy to help out with a press release and contacting the exchanges. I can help there....

getting a few pools on board is a biggie also right off the bat.

[PuYang]

the price will be green!!!!

CROW MOUTH!!!

[biodieselchris]

go renewables!

[ncsupanda]

Quick update (I'll update the OP in a few hours, when I'm not on my phone anymore). An exchange has added us to their voting page, so as long as we are voted for we can be listed by the time the coin launches! Also, I'll be adding TXIDs of all of the paid bounties so far, and adding some important links.

If anyone is a pool operator, please contact me! I've already had a few people ask, but getting more is important.

[ncsupanda]

Updated the OP with some critical information - I'll be uploading the passworded zip files this afternoon, around 6 hours before launch.

Thanks to everyone for their ideas and support!

[IMJim]

Updated the OP with some critical information - I'll be uploading the passworded zip files this afternoon, around 6 hours before launch.

Thanks to everyone for their ideas and support!

Personally, I am glad we are sticking to Scrypt:-)  Have you by any chance thought of GREEN as being the shortened version of the name?  Or the identifier or whatever they call it, I think it sounds/looks much better than GRE..that is of course if has not been used already.

[ncsupanda]

Updated the OP with some critical information - I'll be uploading the passworded zip files this afternoon, around 6 hours before launch.

Thanks to everyone for their ideas and support!

Personally, I am glad we are sticking to Scrypt:-)  Have you by any chance thought of GREEN as being the shortened version of the name?  Or the identifier or whatever they call it, I think it sounds/looks much better than GRE..that is of course if has not been used already.

It would be nice, but I believe it to be the "norm" for these identifiers to be three letters, so that's what we are sticking with. Glad to see your support.