[ANN][MIN] Minerals - POS | Developing own anon solution |

[gullu]

They is so many rumours this is one big well organised scam.

Where?

it's obvious, nobody with half a brain would mine coins they can't withdraw which means most of the hash is dev and his group mining most coins, and when you have most coins you have absolute control , this will be a dump fest . good luck

earlier i stated.

At the moment there is a limit of 50 MH/s per worker. If someone has doubts about this - please feel free to test it. One can rent a rig (for example from betarigs) that has hashrate above 50 MH/s and try to mine with it. You will see that this worker will give you around 50 MH/s.
Miners that have total hashrate above 50 MH/s are using multiple workers and that is why you see some miner with 300 MH/s and above. We will let the pools run as is for now. We are considering implementing limits per IP. We might implement per IP limits in the next 24 hours.

You say IP in your post

Sorry about this, this was the initial post and at that time we were not 100% sure which limits will be implemented.
I've fixed that in the OP. Anyways, we are considering IP limits but I personally don't think it will make a huge change. The only difference is that you will not see some big miners in statistics.

i think you should use a smaller bag to fill.
like 0.5% instread of like 2% or larger of the total coins bag...

[uray]

From my perspective, it's just another P&D coin, just disguised

"No Premine"... forced mining on dev's pools. 1% premine....with the potential of the dev taking them all once it gets listed somewhere.

dev will take 1% of PoW coins in 7 days, which is 30k minerals, thats the amount of premine which is used for bounty or something, its reasonable amount

[milan74]

1. 1% pool fee is 1% premine, because people have no choice, such as supernova pool which have 0 fee
2. the limit per worker of 50M Hash doesn't do the job as advertised at all, big farms are still mining it.

[whatdidshedo]

They is so many rumours this is one big well organised scam.

Where?

it's obvious, nobody with half a brain would mine coins they can't withdraw which means most of the hash is dev and his group mining most coins, and when you have most coins you have absolute control , this will be a dump fest . good luck

its possible, dev can redirect hash to mine darkcoin for example, but did u see another X11 coin that has jump in network hash rate?

i think people that mined it will get their coins but most of coins will be and is mined by "the crew" then they will slowly dump it on an exchange. i'm not mining nor will i ever buy this coin. also done with commenting here , good luck to all (i could be wrong but everything points to 1 thing only)

[grolll]

Pls 280x config ? I have problem ''Setting GPUs to idle performance'' error !

[Minerals]

Dev, why do i get the msg: worker temporarily banned???

I've explained in my previous posts, this is the error message you will get if your worker is hashing at a rate higher than 50 MH/s
"Worker is temporarily banned, hashrate is above the limit"

[shadow3277]

They is so many rumours this is one big well organised scam.

Where?

it's obvious, nobody with half a brain would mine coins they can't withdraw which means most of the hash is dev and his group mining most coins, and when you have most coins you have absolute control , this will be a dump fest . good luck

its possible, dev can redirect hash to mine darkcoin for example, but did u see another X11 coin that has jump in network hash rate?

i think people that mined it will get their coins but most of coins will be and is mined by "the crew" then they will slowly dump it on an exchange. i'm not mining nor will i ever buy this coin. also done with commenting here , good luck to all (i could be wrong but everything points to 1 thing only)

Bye! Tell Binaryclock I said hello.

[uray]

1. 1% pool fee is 1% premine, because people have no choice, such as supernova pool which have 0 fee
2. the limit per worker of 50M Hash doesn't do the job as advertised at all, big farms are still mining it.

1. agree
2. no its not big farms, its rigs renters, you need to see this, and notice the hashrate cap at 50 MH/s

http://pasteboard.co/JIaGsJD.png

[g0re79]

They is so many rumours this is one big well organised scam.

Where?

it's obvious, nobody with half a brain would mine coins they can't withdraw which means most of the hash is dev and his group mining most coins, and when you have most coins you have absolute control , this will be a dump fest . good luck

its possible, dev can redirect hash to mine darkcoin for example, but did u see another X11 coin that has jump in network hash rate?

They may point them to several X11 switching pools. If anyone is so dumb to get on this scam, he would at least check difficulty in sgminer once a while to see whether it is +/- stable..

[Minerals]

They is so many rumours this is one big well organised scam.

Where?

IRC chat, They is quite a few people saying this is the new breed of scam attempts. I guess only time will tell.

No exchanges will add this coin until the source code has been released and reviewed.

The source code will be given to the exchanges and any trusted third-party. Do you have a suggestion who might be a good candidate to review the source code?

[Gambiman]

Limit those Hashrates !

1               MiMiMiner   462,472   68,960.192
2      anonymous   169,903   25,334.647
3      anonymous   157,498   23,484.829
4      anonymous   119,315   17,791.315
5      anonymous   114,789   17,116.356
6      anonymous   104,461   15,576.314
7      bitter27   101,259   15,098.874
8      Corsair   100,279   14,952.830
9      anonymous   99,702   14,866.712
10      anonymous   95,225   14,199.251
11      quark   94,279   14,058.201
12      FancyDancy   86,744   12,934.634
13      eon   82,339   12,277.772
14      anonymous   79,033   11,784.805
15      teomihsav   78,161   11,654.795

[uray]

They is so many rumours this is one big well organised scam.

Where?

IRC chat, They is quite a few people saying this is the new breed of scam attempts. I guess only time will tell.

No exchanges will add this coin until the source code has been released and reviewed.

The source code will be given to the exchanges and any trusted third-party. Do you have a suggestion who might be a good candidate to review the source code?

andreas m. antonopolous

[g0re79]

They is so many rumours this is one big well organised scam.

Where?

IRC chat, They is quite a few people saying this is the new breed of scam attempts. I guess only time will tell.

No exchanges will add this coin until the source code has been released and reviewed.

The source code will be given to the exchanges and any trusted third-party. Do you have a suggestion who might be a good candidate to review the source code?

You may create new voting to conceal Your dirty operation a bit longer

[sir_doge_alot]

Dev, why do i get the msg: worker temporarily banned???

I've explained in my previous posts, this is the error message you will get if your worker is hashing at a rate higher than 50 MH/s
"Worker is temporarily banned, hashrate is above the limit"

That's a crappy answer.  You are banning 1 person above 50 MH, but all the pools show the lowest miner around 80-100 MH.

[Minerals]

1. 1% pool fee is 1% premine, because people have no choice, such as supernova pool which have 0 fee
2. the limit per worker of 50M Hash doesn't do the job as advertised at all, big farms are still mining it.

These are not big farms but people mining with multiple workers, each hashing with no more than 50 MH/s.
Btw, suprnova has changed fees to 1%

[ocminer]

1. 1% pool fee is 1% premine, because people have no choice, such as supernova pool which have 0 fee
2. the limit per worker of 50M Hash doesn't do the job as advertised at all, big farms are still mining it.

These are not big farms but people mining with multiple workers, each hashing with no more than 50 MH/s.
Btw, suprnova has changed fees to 1%

Only on old pools.. new pools are always 0% fee on suprnova...

oh and please don't bring in suprnova into this thread again.. i'm not hosting this coin, nor do i support it

[milan74]

1. 1% pool fee is 1% premine, because people have no choice, such as supernova pool which have 0 fee
2. the limit per worker of 50M Hash doesn't do the job as advertised at all, big farms are still mining it.

1. agree
2. no its not big farms, its rigs renters, you need to see this, and notice the hashrate cap at 50 MH/s

http://pasteboard.co/JIaGsJD.png

I don't see why it is not big farms, and look at below, there is no cap at all at 50 MH/s per account,
the limit is for per worker, while big farm can set up a tons of workers for a single account, or even setup multiple accounts
so the conclusion is this coins is no different with other PoW/PoS coins.

Limit those Hashrates !

1               MiMiMiner   462,472   68,960.192
2      anonymous   169,903   25,334.647
3      anonymous   157,498   23,484.829
4      anonymous   119,315   17,791.315
5      anonymous   114,789   17,116.356
6      anonymous   104,461   15,576.314
7      bitter27   101,259   15,098.874
8      Corsair   100,279   14,952.830
9      anonymous   99,702   14,866.712
10      anonymous   95,225   14,199.251
11      quark   94,279   14,058.201
12      FancyDancy   86,744   12,934.634
13      eon   82,339   12,277.772
14      anonymous   79,033   11,784.805
15      teomihsav   78,161   11,654.795

[noodle_dam]

How are some of the miners WAYYY above 50Mh on the pool stats page?

[Amph]

the only solution is to limit the total hash, not ip or worker, who come late simply can't mine

because even with ip ban, they may use proxy, vpn, others crap

[uray]

1. 1% pool fee is 1% premine, because people have no choice, such as supernova pool which have 0 fee
2. the limit per worker of 50M Hash doesn't do the job as advertised at all, big farms are still mining it.

1. agree
2. no its not big farms, its rigs renters, you need to see this, and notice the hashrate cap at 50 MH/s

http://pasteboard.co/JIaGsJD.png

I don't see why it is not big farms, and look at below, there is no cap at all at 50 MH/s per account,
the limit is for per worker, while big farm can set up a tons of workers for a single account, or even setup multiple accounts
so the conclusion is this coins is no different with other PoW/PoS coins.

Limit those Hashrates !

1               MiMiMiner   462,472   68,960.192
2      anonymous   169,903   25,334.647
3      anonymous   157,498   23,484.829
4      anonymous   119,315   17,791.315
5      anonymous   114,789   17,116.356
6      anonymous   104,461   15,576.314
7      bitter27   101,259   15,098.874
8      Corsair   100,279   14,952.830
9      anonymous   99,702   14,866.712
10      anonymous   95,225   14,199.251
11      quark   94,279   14,058.201
12      FancyDancy   86,744   12,934.634
13      eon   82,339   12,277.772
14      anonymous   79,033   11,784.805
15      teomihsav   78,161   11,654.795

you can set up multiple workers, and multiple account, and shoot from different IP too just by using nicehash.com