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bigreddmachine
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July 09, 2014, 06:45:01 PM |
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WHat keeps a larger miner from signing up with all the various pools (assuming there are more than 1) and running 1 miner on each pool? If there were, say, 5 pools, they could easily get to just under 50 Mh/s without an issue.
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rvccoin (OP)
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July 10, 2014, 10:08:55 AM |
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Great, thanks! Insert Quote WHat keeps a larger miner from signing up with all the various pools (assuming there are more than 1) and running 1 miner on each pool? If there were, say, 5 pools, they could easily get to just under 50 Mh/s without an issue.
We will have 3 pools at launch, you can mine with 3x 10 Mh/s max indeed. Compared with MIN, 50 Mh/s cap and 6 pools, the limit is way lower. Thanks! We will add a link in the OP.
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smokim87
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July 10, 2014, 10:19:37 AM |
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WHat keeps a larger miner from signing up with all the various pools (assuming there are more than 1) and running 1 miner on each pool? If there were, say, 5 pools, they could easily get to just under 50 Mh/s without an issue.
Thats what I was thinking or simple have a proxy for each new account on the same pool. Hell you can make 10 accounts=10x more mining power=10x more coins earned.
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rvccoin (OP)
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July 10, 2014, 03:49:16 PM |
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WHat keeps a larger miner from signing up with all the various pools (assuming there are more than 1) and running 1 miner on each pool? If there were, say, 5 pools, they could easily get to just under 50 Mh/s without an issue.
Thats what I was thinking or simple have a proxy for each new account on the same pool. Hell you can make 10 accounts=10x more mining power=10x more coins earned. It won't be that easy. The pools will be actively monitored and suspicious IP's banned.
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rvccoin (OP)
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July 10, 2014, 04:07:20 PM |
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how to IPO, please tell us more
Check OP. Information added.
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bitwho
Legendary
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Activity: 1274
Merit: 1000
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July 10, 2014, 04:17:05 PM |
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anything new?
Clone MIN and change Algo to X15 and Sell coin It is new![/b][/size] Actually we were planning this kind of distribution since may. One of our team members discussed it with raxe.io back then and a few weeks later MIN was born. But it doesnt matter, we have better things in the pipeline. Regarding closed source distribution (already received a couple of messages with questions): this is the only possiblity. We will send the source code to the pool owners + exchange and it may be checked by a community member with a good reputation. This will only affect big miners negatively interesting. Did you talk to any pool.mn personnel? clearly they own MIN and bunch of other silly coins. also you mention one of our team members. who are you all?
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kaliostro
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July 11, 2014, 10:11:29 AM |
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good idea, but IPO kills the future of this coin
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ZyTReX
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July 11, 2014, 11:20:03 AM |
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Pls cancel the IPO. Make a donation adress //ZyTReX
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rvccoin (OP)
Newbie
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Activity: 28
Merit: 0
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July 11, 2014, 02:51:36 PM |
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anything new?
Clone MIN and change Algo to X15 and Sell coin It is new![/b][/size] Actually we were planning this kind of distribution since may. One of our team members discussed it with raxe.io back then and a few weeks later MIN was born. But it doesnt matter, we have better things in the pipeline. Regarding closed source distribution (already received a couple of messages with questions): this is the only possiblity. We will send the source code to the pool owners + exchange and it may be checked by a community member with a good reputation. This will only affect big miners negatively interesting. Did you talk to any pool.mn personnel? clearly they own MIN and bunch of other silly coins. also you mention one of our team members. who are you all? Walhalla spoke to a guy working for raxe.io and he thinks they stole his distribution idea. Current team members can be found in the OP. We are expanding our team at the moment. good idea, but IPO kills the future of this coin
IPO, premine, instamine or temporary price manipulation; we opted for ipo. This will not kill the coin.
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kaliostro
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July 11, 2014, 06:15:14 PM |
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5% IPO VERY GOOD
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kaliostro
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July 11, 2014, 06:23:25 PM |
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anything new?
Clone MIN and change Algo to X15 and Sell coin It is new![/b][/size] Actually we were planning this kind of distribution since may. One of our team members discussed it with raxe.io back then and a few weeks later MIN was born. But it doesnt matter, we have better things in the pipeline. Regarding closed source distribution (already received a couple of messages with questions): this is the only possiblity. We will send the source code to the pool owners + exchange and it may be checked by a community member with a good reputation. This will only affect big miners negatively interesting. Did you talk to any pool.mn personnel? clearly they own MIN and bunch of other silly coins. also you mention one of our team members. who are you all? Walhalla spoke to a guy working for raxe.io and he thinks they stole his distribution idea. Current team members can be found in the OP. We are expanding our team at the moment. good idea, but IPO kills the future of this coin
IPO, premine, instamine or temporary price manipulation; we opted for ipo. This will not kill the coin. it is only pump and dump
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Maidak
Legendary
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Activity: 1890
Merit: 1058
Vave.com - Crypto Casino
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July 11, 2014, 07:01:17 PM |
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anything new?
Clone MIN and change Algo to X15 and Sell coin It is new![/b][/size] Actually we were planning this kind of distribution since may. One of our team members discussed it with raxe.io back then and a few weeks later MIN was born. But it doesnt matter, we have better things in the pipeline. Regarding closed source distribution (already received a couple of messages with questions): this is the only possiblity. We will send the source code to the pool owners + exchange and it may be checked by a community member with a good reputation. This will only affect big miners negatively interesting. Did you talk to any pool.mn personnel? clearly they own MIN and bunch of other silly coins. also you mention one of our team members. who are you all? Walhalla spoke to a guy working for raxe.io and he thinks they stole his distribution idea. Current team members can be found in the OP. We are expanding our team at the moment. good idea, but IPO kills the future of this coin
IPO, premine, instamine or temporary price manipulation; we opted for ipo. This will not kill the coin. it is only pump and dump I handled an IPO for cscoin and it worked out very well actually and gave the coin a minimum value right from the beginning. From my experiences so far they prove beneficial to altcoins.
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zhaohui
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July 13, 2014, 01:48:59 PM |
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where is the iPO list???
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lediirina
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July 13, 2014, 02:53:48 PM |
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Our fees is 0%, forever, only donationsDedicated hardware Dedicated optical internet connection 3-way backupWe improved our security for your safe mining
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dominikf
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July 13, 2014, 04:26:07 PM |
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When are the pools open for registration?
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dominikf
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July 13, 2014, 04:27:54 PM |
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Our fees is 0%, forever, only donationsDedicated hardware Dedicated optical internet connection 3-way backupWe improved our security for your safe mining Isn't revocoin x15 instead of x11-x13?
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Bojcha
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July 13, 2014, 07:38:44 PM |
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Our fees is 0%, forever, only donationsDedicated hardware Dedicated optical internet connection 3-way backupWe improved our security for your safe mining Isn't revocoin x15 instead of x11-x13? just stupid domen.
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ASICrefugee
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July 13, 2014, 08:03:34 PM |
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I do LIKE the idea behind this - but I think you are missing a little in the execution Limiting the hashrate is a great idea, although 10MH/s is a little bit low, wouldn't that mean that "normal" gpu miners with 4/5 card setups (280s or 290s) would exceed the hash limit and be banned. I'm behind limiting access for the big hashfarms and renters but 10MH/s is too low a threshold. The pools that you choose will have to be ultratrustworthy, as they will be the only ones with wallet access until after the POW phase - with great power comes great responsibility, and the pools will need to be above board. With that in mind - if Dedicated are one of the pools then I will be out (and the coins is cursed for a PnD from the start), as will many other potential small miners. Perhaps you might be better following the MIN example - closed pools, closed wallet until POS (nearly) - and perhaps with a couple of Hero members with wallet and pool access for oversight and verification. I hope you can get this all up and running, it would be wonderful to be able to point my rig at a coin and not have to worry about getting farm raped on the difficulty
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