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Author Topic: [ANN] SevenCoin [Very Rare][SHA256][OLD ASIC][SOLO MINING][NO Pools][BOUNTIES]  (Read 4887 times)
SevenCoin
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June 08, 2014, 02:35:39 PM
 #21



Can you do it in this forum too please ? Smiley

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June 08, 2014, 05:39:35 PM
 #22

Interesting coin, time to dust off my jalapeno.
Can i ask you to provide a list of compatible solo asic miners?

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SevenCoin
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June 08, 2014, 07:47:33 PM
 #23

Interesting coin, time to dust off my jalapeno.
Can i ask you to provide a list of compatible solo asic miners?


I don't have a list, but I'm sure that all 55nm Asic chips working. Your jalapeno it's 55nm and will work fine.

I've try some USB Asics, like ANTMiner single, and working fine. KNC Jupiter work at around 70 GH/s. TerraHash 1.6TH don't work.

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June 08, 2014, 07:54:05 PM
 #24

TerraHash 1.6TH don't work.


they would work; if the owner was to set up, a private pool.

you will find, that this may happen at your launch, you won't be able to avoid it, i'm afraid - and your coin will be forked before you can say 'confirmed block'. Anything that you can solo mine to a wallet, you can set up a pool for.

here's a hypothesis for you;

big garage full of 1TH/s dragon miners and a geek with far too much time on his hands; installs a private pool on DO and compiles the wallet on launch. 20 minutes later, he hooks up his 20 x 1TH/s dragons and plunders your 1seventoshi blocks until he has mined enough to give him a jolly good laugh. Then he switches to failover, for 5 mins, then pushes his rigs back onto your coin, via his private pool.

coin forks to his node;

this is called: The Point of No Return.

I hope that you really have got some protection for all the little miners who intend to be part of this because to me, as I see it, nothing is foolproof and specifying a 1seventoshi block reward, does nothing to stop the above scenario.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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June 08, 2014, 07:59:30 PM
 #25

TerraHash 1.6TH don't work.


they would work; if the owner was to set up, a private pool.

you will find, that this may happen at your launch, you won't be able to avoid it, i'm afraid - and your coin will be forked before you can say 'confirmed block'. Anything that you can solo mine to a wallet, you can set up a pool for.

here's a hypothesis for you;

big garage full of 1TH/s dragon miners and a geek with far too much time on his hands; installs a private pool on DO and compiles the wallet on launch. 20 minutes later, he hooks up his 20 x 1TH/s dragons and plunders your 1seventoshi blocks until he has mined enough to give him a jolly good laugh. Then he switches to failover, for 5 mins, then pushes his rigs back onto your coin, via his private pool.

coin forks to his node;

this is called: The Point of No Return.

I hope that you really have got some protection for all the little miners who intend to be part of this because to me, as I see it, nothing is foolproof and specifying a 1seventoshi block reward, does nothing to stop the above scenario.




You are our new Julius Verne. You have to look for write a book.... Yes write this book and forget about our coin  Grin

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June 08, 2014, 08:03:05 PM
 #26

TerraHash 1.6TH don't work.


they would work; if the owner was to set up, a private pool.

you will find, that this may happen at your launch, you won't be able to avoid it, i'm afraid - and your coin will be forked before you can say 'confirmed block'. Anything that you can solo mine to a wallet, you can set up a pool for.

here's a hypothesis for you;

big garage full of 1TH/s dragon miners and a geek with far too much time on his hands; installs a private pool on DO and compiles the wallet on launch. 20 minutes later, he hooks up his 20 x 1TH/s dragons and plunders your 1seventoshi blocks until he has mined enough to give him a jolly good laugh. Then he switches to failover, for 5 mins, then pushes his rigs back onto your coin, via his private pool.

coin forks to his node;

this is called: The Point of No Return.

I hope that you really have got some protection for all the little miners who intend to be part of this because to me, as I see it, nothing is foolproof and specifying a 1seventoshi block reward, does nothing to stop the above scenario.




You are our new Julius Verne. You have to look for write a book.... Yes write this book and forget about our coin  Grin

You misunderstand.
I want to give this some hashpower, it looks like a fun project. My concerns are very real, please address them.

ps: been there, done that http://www.amazon.co.uk/666-Stitches-Russell-Gray-Sneddon/dp/1411684036

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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June 08, 2014, 08:08:12 PM
 #27

TIME TO BUST OUT MY CELLPHONE! Cheesy
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June 08, 2014, 08:19:43 PM
 #28

7 is also my lucky #. The day of my birthday follows with it Smiley
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June 08, 2014, 08:27:32 PM
 #29

I reserve the professional promotional video, it will be ready after the coin hit an exchange.
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June 08, 2014, 08:42:38 PM
 #30

Wait.. so you are saying there will only ever be 7 coins. AND These 7 coins are indivisible (ie no sub parts or fractions)...

Then....

How do you premine 1%???


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June 08, 2014, 08:54:20 PM
 #31

Wait.. so you are saying there will only ever be 7 coins. AND These 7 coins are indivisible (ie no sub parts or fractions)...

Then....

How do you premine 1%???



Block rewards are indivisible.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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June 08, 2014, 08:55:59 PM
 #32

Block rewards are indivisible.

So are the transactions presumably?

So if there is 1% of premine.. will one block contain 0.93 of a coin? or will this be 7.07 coins Tongue

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workminer
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June 08, 2014, 08:56:19 PM
 #33

I  have the old machine
SevenCoin
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June 08, 2014, 11:07:22 PM
 #34

Block rewards are indivisible.

So are the transactions presumably?

So if there is 1% of premine.. will one block contain 0.93 of a coin? or will this be 7.07 coins Tongue

You have little and confused ideas Smiley the block reward is indivisible because it's of one satoshi.

bitcointalk.org/index.php?topic=644157.0
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June 08, 2014, 11:22:44 PM
 #35

The idea has already been explored -- and the coin relaunched earlier this year:

https://bitcointalk.org/index.php?topic=426322.0

Cheers,

Graham

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June 09, 2014, 01:14:08 AM
 #36

Block rewards are indivisible.

So are the transactions presumably?

So if there is 1% of premine.. will one block contain 0.93 of a coin? or will this be 7.07 coins Tongue

You have little and confused ideas Smiley the block reward is indivisible because it's of one satoshi.


Again.. so how do you get 1% premine?

.Deviant.io.                ▄▄▄▄███▄▄▄▄
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    ▓▓▓▓▓▄▄▄▄   ▓▓▓▓▓▄,▄▓▓▓▓
    ▓▓▓▓▓▓▓▓▓▄  ▐▓▓▓▓▓▓▓▓▓▓▓
SevenCoin
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June 09, 2014, 01:50:10 AM
 #37

Block rewards are indivisible.

So are the transactions presumably?

So if there is 1% of premine.. will one block contain 0.93 of a coin? or will this be 7.07 coins Tongue

You have little and confused ideas Smiley the block reward is indivisible because it's of one satoshi.


Again.. so how do you get 1% premine?


I will get it from the totally amount.  Grin

bitcointalk.org/index.php?topic=644157.0
raskul
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June 09, 2014, 06:31:43 AM
 #38

The idea has already been explored -- and the coin relaunched earlier this year:

https://bitcointalk.org/index.php?topic=426322.0

Cheers,

Graham



no premine.

good.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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June 09, 2014, 06:40:54 AM
 #39

I will stay far away from this coin.

Good luck losing your money on this shit coin by raskul
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June 10, 2014, 01:29:45 AM
 #40

Block rewards are indivisible.

So are the transactions presumably?

So if there is 1% of premine.. will one block contain 0.93 of a coin? or will this be 7.07 coins Tongue

You have little and confused ideas Smiley the block reward is indivisible because it's of one satoshi.


Again.. so how do you get 1% premine?


I will get it from the totally amount.  Grin

The Total 1% amount of 7 indivisible coins?

.Deviant.io.                ▄▄▄▄███▄▄▄▄
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