[ANN][MCN] Moneta Verde - CryptoNote coin with difficulty-BR (lnch at 15:00 GMT)

[damiano]

Anyone finding blocks ?

Luck not so good today

[BoscoMurray]

Anyone finding blocks ?

Luck not so good today

Difficulty increasing, but yes, finding blocks

[dewdeded]

I started a general thread on CryptoNote, please join discussion under:
https://bitcointalk.org/index.php?topic=658884.

[bitwho]

 it took too long before the gpu miner for mereno to came out to publick.

is there one for this??

[chris.capossela]

Is the reward formula this?

Code:

Block_reward = (log_2 (Difficulty)) * 2**40  [satoshis, or atomic units]

[chris.capossela]

Isn't 24081 rpc port of FCN's?

[Phantas]

monetaverde port is 26081

[cryptomidnight]

monetaverde port is 26081

true

 

Is the reward formula this?

Code:

Block_reward = (log_2 (Difficulty)) * 2**40  [satoshis, or atomic units]

Yes.

[bitwho]

it took too long before the gpu miner for mereno to came out to publick.

is there one for this??

[AdamWhite]

1 minute blocks: fail.

infinite supply: fail.

 

[ajeef]

https://poloniex.com/exchange/btc_mcn

[azhago]

what is the current diff ?

[fibonacho]

so whats the deal with this? I mined 348 on an amd fx 8320 on day 1, and a few more on a few other cpus. I was looking at the claymore gpu miner which with my 10 now stagnant 280x's would have done much better but required a stable pool or a private pool which i havent configured yet.

How is the variable block reward working in practice for those of you with various rigs?

The supply is interesting and a nice solution, but an idea of how many coins are generated for how much hash outlay would of course be very useful.

Especially from a trading pov. The success or other of this coin will depend on difficulty/return of coins. Its on poloniex now and 10k is the base price. Not bad.. but hard to tell if it will be a bcn or a fcn/bbr/xmr etc. big difference between them obviously.

I suppose there is a sweetspot of return of block reward and difficulty that presumably the op/dev has worked out?

Has anyone used digtial ocean / ec2 spot and if so how many coins do you have? what is the total coin supply now?

then we will know what it is worth..

imo this has utility for a currency, but then doge has that as the price is stable! and thats what you want in a currency. myr seems similar, great on paper, and good to be used as a currency, but not as a method of making a large return.

I suppose this is the dichotomy in crypto atm. good as a currency? yeah then no interest as its a stable price and not pumped to hell. witness rzr! mental, 200k on bittrex and more on  polo.

so which is this going to be?

[Musent]

Nice logo but I'm not finding any blocks. Update please?

[Zer0Sum]

Nice logo but I'm not finding any blocks. Update please?

extremepool has been down for hours...
I'm finding > 1 block/hour using 3 i7s...
And a 23 coin block is worth $2.00 so what the hell.

The best comparison is daddy FCN...
But there always seem to be issues with merge mining.

[ajeef]

pool??
http://www.extremepool.org/

[sang]

Hashrate steadily climbing. Good opportunity to buy some coin - prices are cheap on poloniex.

[magalhanze]

Hashrate steadily climbing. Good opportunity to buy some coin - prices are cheap on poloniex.

indeed might update OP with exchange link

[ajeef]

diff 9974688
nethash 166KH
block_reward 25.56

need pool

[wyj1888]

what is the current diff ?