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Author Topic: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA  (Read 1266554 times)
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bigozh
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August 04, 2014, 06:52:29 AM
 #12161

I helped Gnu_User test the BlackCoin multipool right after Radioactive had his meltdown in IRC.

my advice?

not worth it, not unless there's insane amounts of interest and hashing power.

I'd recommend going with a 3rd party like coinking, if they can set you up for cheaper than what you'd pay to build your own, it'd be worthwhile to gauge interest.

if it takes off, then build your own and move people there, again that's super risky.

The issue with the blackcoin pool was it going down occasionally for upgrades and maintenance. miners don't give 2 flying fucks about features and a better interface.

They care about it working, getting consistent payouts, and never going down.

BlackCoinPool had almost 20 GH scrypt at one point, then they decided to take it down for a few days to apply changes, and it was 5 GH, then people see others leaving, then they leave, it's a downward spiral.

IMO, whatever you guys go with, just make sure that it works and will never go down, multipools can grow and grow and grow, people feed off of every new user coming on, the moment they all get disconnected, it'll never be the same.
well said, my vote is we all start promoting coinking with cloak payouts.  coinking pays very very well too.  rivals nicehash
cointrader83
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August 04, 2014, 07:02:37 AM
 #12162

I helped Gnu_User test the BlackCoin multipool right after Radioactive had his meltdown in IRC.

my advice?

not worth it, not unless there's insane amounts of interest and hashing power.

I'd recommend going with a 3rd party like coinking, if they can set you up for cheaper than what you'd pay to build your own, it'd be worthwhile to gauge interest.

if it takes off, then build your own and move people there, again that's super risky.

The issue with the blackcoin pool was it going down occasionally for upgrades and maintenance. miners don't give 2 flying fucks about features and a better interface.

They care about it working, getting consistent payouts, and never going down.

BlackCoinPool had almost 20 GH scrypt at one point, then they decided to take it down for a few days to apply changes, and it was 5 GH, then people see others leaving, then they leave, it's a downward spiral.

IMO, whatever you guys go with, just make sure that it works and will never go down, multipools can grow and grow and grow, people feed off of every new user coming on, the moment they all get disconnected, it'll never be the same.
well said, my vote is we all start promoting coinking with cloak payouts.  coinking pays very very well too.  rivals nicehash


Hm, I don't have very good experiements with coinking, but okay, I will testing with my Rig now, and show the results tomorrow, from 24 hours now....
predatorkill
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August 04, 2014, 07:13:47 AM
 #12163


Hm, I don't have very good experiements with coinking, but okay, I will testing with my Rig now, and show the results tomorrow, from 24 hours now....

I m using coinking for a week now to mine X11 and X13 coins, so far payments and convertion to cloak is really good. You can also set email alerts when the mined coins are gone to the exchange and when cloak comes back.

Note that not all coins can be converted to Cloak, so i have some converted to DRK.

bigozh
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August 04, 2014, 07:17:16 AM
 #12164

I helped Gnu_User test the BlackCoin multipool right after Radioactive had his meltdown in IRC.

my advice?

not worth it, not unless there's insane amounts of interest and hashing power.

I'd recommend going with a 3rd party like coinking, if they can set you up for cheaper than what you'd pay to build your own, it'd be worthwhile to gauge interest.

if it takes off, then build your own and move people there, again that's super risky.

The issue with the blackcoin pool was it going down occasionally for upgrades and maintenance. miners don't give 2 flying fucks about features and a better interface.

They care about it working, getting consistent payouts, and never going down.

BlackCoinPool had almost 20 GH scrypt at one point, then they decided to take it down for a few days to apply changes, and it was 5 GH, then people see others leaving, then they leave, it's a downward spiral.

IMO, whatever you guys go with, just make sure that it works and will never go down, multipools can grow and grow and grow, people feed off of every new user coming on, the moment they all get disconnected, it'll never be the same.
well said, my vote is we all start promoting coinking with cloak payouts.  coinking pays very very well too.  rivals nicehash


Hm, I don't have very good experiements with coinking, but okay, I will testing with my Rig now, and show the results tomorrow, from 24 hours now....
i suggest giving it a few days. i tried it once for 24hrs and was annoyed because the transactions seem to be taking forever but when i gave it a few days everything worked out and i got a really good cloak payouts.
yogibaer
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August 04, 2014, 07:17:20 AM
 #12165

imo multipool is not worth it, except you have 10 - 20 ghash mining at the pool. Better use existing structures.

The key to be successful is to have a good BTC profitability (we don't have any pairs <altcoin>/CLOAK) there's always a detour via BTC.
bigozh
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August 04, 2014, 07:18:46 AM
 #12166

well looks like we may be holding steady at 250 time to start buying again! posa might come out tomorrow! then its all over and this coin shall be moon bound
bigozh
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August 04, 2014, 07:21:34 AM
 #12167

we should talk to the weselldoges.com people and see if we can get them to set up a wesellcloak.com so we can use our paypal accounts!  the guys over there are very cool too and also very on the ball
cointrader83
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August 04, 2014, 07:37:48 AM
 #12168

we should talk to the weselldoges.com people and see if we can get them to set up a wesellcloak.com so we can use our paypal accounts!  the guys over there are very cool too and also very on the ball

Nice site and will be cool. But I don't understand how can he sell with paypal?! I sold LTC earlier on ebay (with paypal). Then a cheater buyer told e-bay he didn't get the coins. On Paypal there is a buyer protection and disabled my funds.
bigozh
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August 04, 2014, 07:39:29 AM
 #12169

Me too, but I'm getting out of that game.

I got 15 gpu's for sale if you're interested.

290's 280x's and 7990's
Sell them on OneMarket
send me a pm with more details i would totally buy them on onemarket
yogibaer
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August 04, 2014, 07:40:10 AM
 #12170

we should talk to the weselldoges.com people and see if we can get them to set up a wesellcloak.com so we can use our paypal accounts!  the guys over there are very cool too and also very on the ball

Nice site and will be cool. But I don't understand how can he sell with paypal?! I sold LTC earlier on ebay (with paypal). Then a cheater buyer told e-bay he didn't get the coins. On Paypal there is a buyer protection and disabled my funds.

I don't understand why everyone supports the greedy PayPal. There are much better alternatives e.g. Skrill ....
SkyValeey
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August 04, 2014, 07:40:51 AM
 #12171

i have been buying all the small orders i can over on cryptsy when posa comes out this coin could test the .01 waters for the first time.

My target is 0.07 for all planned releases going relatively smoothly. Will re-evaluate along the way

0.07 or 0.007?

TOO MUCH TALKING ABOUT PRICE.

VERY HIGH OR SUPER MEGA VERY HIGH etc.

I don't like it. Often when there's too much talking about that, coin is not going so high;/

bigozh
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August 04, 2014, 07:43:03 AM
 #12172

we should talk to the weselldoges.com people and see if we can get them to set up a wesellcloak.com so we can use our paypal accounts!  the guys over there are very cool too and also very on the ball

Nice site and will be cool. But I don't understand how can he sell with paypal?! I sold LTC earlier on ebay (with paypal). Then a cheater buyer told e-bay he didn't get the coins. On Paypal there is a buyer protection and disabled my funds.
its a good questions but i bought a $150 in doge from them a while back when doge bottomed out and it went without a hitch.  i have recently also bought reddcoin at the wesellredd.com when redd was climbing recently.  all through my paypal credit account.
pdsrdm
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August 04, 2014, 07:44:09 AM
 #12173

i have been buying all the small orders i can over on cryptsy when posa comes out this coin could test the .01 waters for the first time.

My target is 0.07 for all planned releases going relatively smoothly. Will re-evaluate along the way

0.07 or 0.007?

TOO MUCH TALKING ABOUT PRICE.

VERY HIGH OR SUPER MEGA VERY HIGH etc.

I don't like it. Often when there's too much talking about that, coin is not going so high;/



No need for screaming.

Also, talk about price happens in the threads of every single coin, including the ones that go to the moon.
bigozh
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August 04, 2014, 07:44:30 AM
 #12174

we should talk to the weselldoges.com people and see if we can get them to set up a wesellcloak.com so we can use our paypal accounts!  the guys over there are very cool too and also very on the ball

Nice site and will be cool. But I don't understand how can he sell with paypal?! I sold LTC earlier on ebay (with paypal). Then a cheater buyer told e-bay he didn't get the coins. On Paypal there is a buyer protection and disabled my funds.

I don't understand why everyone supports the greedy PayPal. There are much better alternatives e.g. Skrill ....
if i use there line of credit and pay it right off it helps build credit.  
SkyValeey
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August 04, 2014, 07:58:18 AM
 #12175

i have been buying all the small orders i can over on cryptsy when posa comes out this coin could test the .01 waters for the first time.

My target is 0.07 for all planned releases going relatively smoothly. Will re-evaluate along the way

0.07 or 0.007?

TOO MUCH TALKING ABOUT PRICE.

VERY HIGH OR SUPER MEGA VERY HIGH etc.

I don't like it. Often when there's too much talking about that, coin is not going so high;/



No need for screaming.

Also, talk about price happens in the threads of every single coin, including the ones that go to the moon.

But not like "0.07 or 0.007?" when price is 0.0024.. maybe 0.7 btc LOL

I just don't like too much hype by talking about super high prices, because usually it burns coin.
DaveyJones
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August 04, 2014, 08:02:36 AM
 #12176

i have been buying all the small orders i can over on cryptsy when posa comes out this coin could test the .01 waters for the first time.

My target is 0.07 for all planned releases going relatively smoothly. Will re-evaluate along the way

0.07 or 0.007?

TOO MUCH TALKING ABOUT PRICE.

VERY HIGH OR SUPER MEGA VERY HIGH etc.

I don't like it. Often when there's too much talking about that, coin is not going so high;/



No need for screaming.

Also, talk about price happens in the threads of every single coin, including the ones that go to the moon.

But not like "0.07 or 0.007?" when price is 0.0024.. maybe 0.7 btc LOL

I just don't like too much hype by talking about super high prices, because usually it burns coin.

well usually dumps like that yesterday and some days before also kills coins or leads to panic dumping by many.... not happened so i think its okay to talk about it.
YackBallz
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August 04, 2014, 08:12:46 AM
 #12177

i have been buying all the small orders i can over on cryptsy when posa comes out this coin could test the .01 waters for the first time.

My target is 0.07 for all planned releases going relatively smoothly. Will re-evaluate along the way

0.07 or 0.007?

TOO MUCH TALKING ABOUT PRICE.

VERY HIGH OR SUPER MEGA VERY HIGH etc.

I don't like it. Often when there's too much talking about that, coin is not going so high;/



So what you're saying is "Boo enthusiasm....boo"?
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August 04, 2014, 08:22:04 AM
 #12178

1

coinking is not working very well for me, i'm on dedicated. only 6 gpu's
bigozh
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August 04, 2014, 08:32:55 AM
 #12179

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coinking is not working very well for me, i'm on dedicated. only 6 gpu's
i bounce between there and nicehash depending on what coins are releasing etc...  lately it has been a bunch of junk coins so i have been on nicehash mostly.  you getting rejects or what? if you just started have patience
k0rpa
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August 04, 2014, 08:46:45 AM
 #12180

1

coinking is not working very well for me, i'm on dedicated. only 6 gpu's
i bounce between there and nicehash depending on what coins are releasing etc...  lately it has been a bunch of junk coins so i have been on nicehash mostly.  you getting rejects or what? if you just started have patience

yes, alot of rejects and my hashrate was always way lower than it should be, daily profit, as low as it is, was about 10% smaller than on dedicated, but i liked auto cloak conversion, now i have to do it manually Smiley

so nice dedicated pool for cloak would be very nice
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