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Monkeys
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July 30, 2014, 08:01:37 AM |
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Now mining this coin =)
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MIDAS COIN: Gold backed crypto! Sign up via my referral link below and you get an extra 1.5% reward! PM me for info =) http://www.midaspool.com/ref/318Sign up via my referral link above and you receive an extra 1.5% reward for your hash! PM me for details |
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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Monkeys
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July 30, 2014, 08:21:28 AM |
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This is probably a dumb question, but what should the price be for this coin?
Like, currently I'm mining it and have roughly 15 coins after 15 minutes or so (unconfirmed as yet), which are worth roughly 1 penny each I believe. So, why should I mine this coin when I can mine other more profitable coins currently, and then sell them to buy more of this coin?
Am I missing something? Why are so many people mining this coin right now?
Not trying to FUD or anything, just wondering =)
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MIDAS COIN: Gold backed crypto! Sign up via my referral link below and you get an extra 1.5% reward! PM me for info =) http://www.midaspool.com/ref/318Sign up via my referral link above and you receive an extra 1.5% reward for your hash! PM me for details |
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keshuker
Sr. Member
 Offline
Activity: 395
Merit: 250
aka. dibdab
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July 30, 2014, 08:21:57 AM |
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Now mining this coin =)
I think I will get myself a few, looks promising |
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00Smurf
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July 30, 2014, 08:30:07 AM |
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This is probably a dumb question, but what should the price be for this coin?
Like, currently I'm mining it and have roughly 15 coins after 15 minutes or so (unconfirmed as yet), which are worth roughly 1 penny each I believe. So, why should I mine this coin when I can mine other more profitable coins currently, and then sell them to buy more of this coin?
Am I missing something? Why are so many people mining this coin right now?
Not trying to FUD or anything, just wondering =)
you can do either. Mining this coin gets the pow phase over faster, or you can mine others and buy. The trick is just to make sure you have some shadowcoin. Cloak just peaked with almost 7 million market cap tonight. Shadowcoin is rolling out twice as many features as cloak coin, so a 7 million cap is quite obtainable. Though 2 million in the short term is the first goal. The next 2 weeks will be very exciting. |
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LongAndShort
Legendary
Offline
Activity: 1078
Merit: 1050
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July 30, 2014, 11:04:51 AM |
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This is probably a dumb question, but what should the price be for this coin?
Like, currently I'm mining it and have roughly 15 coins after 15 minutes or so (unconfirmed as yet), which are worth roughly 1 penny each I believe. So, why should I mine this coin when I can mine other more profitable coins currently, and then sell them to buy more of this coin?
Am I missing something? Why are so many people mining this coin right now?
Not trying to FUD or anything, just wondering =)
you can do either. Mining this coin gets the pow phase over faster, or you can mine others and buy. The trick is just to make sure you have some shadowcoin. Cloak just peaked with almost 7 million market cap tonight. Shadowcoin is rolling out twice as many features as cloak coin, so a 7 million cap is quite obtainable. Though 2 million in the short term is the first goal. The next 2 weeks will be very exciting. Lul are you sure!? |
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00Smurf
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July 30, 2014, 11:29:00 AM |
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This is probably a dumb question, but what should the price be for this coin?
Like, currently I'm mining it and have roughly 15 coins after 15 minutes or so (unconfirmed as yet), which are worth roughly 1 penny each I believe. So, why should I mine this coin when I can mine other more profitable coins currently, and then sell them to buy more of this coin?
Am I missing something? Why are so many people mining this coin right now?
Not trying to FUD or anything, just wondering =)
you can do either. Mining this coin gets the pow phase over faster, or you can mine others and buy. The trick is just to make sure you have some shadowcoin. Cloak just peaked with almost 7 million market cap tonight. Shadowcoin is rolling out twice as many features as cloak coin, so a 7 million cap is quite obtainable. Though 2 million in the short term is the first goal. The next 2 weeks will be very exciting. Lul are you sure!? Lol, i guess the blocks cant go any faster than they are made to. Mining it raises the diff, There thats a better answer. Was getting excited. |
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00Smurf
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July 30, 2014, 01:01:24 PM |
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loving that price action c-cex. SDC now ha sgiven c-cex its highest volume.
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gpools
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July 30, 2014, 01:04:59 PM |
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mutipool taking too many coins its not fair for investors please cut POW block.  |
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RW-Stott
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July 30, 2014, 01:06:28 PM |
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Over 83 GH/s and rising... ASICS and multipools are raping this coin now... If this continues, one or a few parties may end up making a hugely unfair distribution. Devs should consider reducing pow or something. It would not be wise or fair to let this continue, imo.
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00Smurf
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July 30, 2014, 01:07:43 PM |
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Over 83 GH/s and rising... ASICS and multipools are raping this coin now... If this continues, one or a few parties may end up making a hugely unfair distribution. Devs should consider reducing pow or something. It would not be wise or fair to let this continue, imo.
i completely agree. Pow needs to be cut, to protect the investors. |
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keshuker
Sr. Member
Offline
Activity: 395
Merit: 250
aka. dibdab
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July 30, 2014, 01:10:34 PM |
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Over 83 GH/s and rising... ASICS and multipools are raping this coin now... If this continues, one or a few parties may end up making a hugely unfair distribution. Devs should consider reducing pow or something. It would not be wise or fair to let this continue, imo.
i completely agree. Pow needs to be cut, to protect the investors. Agree, no use for small guys to mine this anymore |
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Jabolo
Newbie
Offline
Activity: 7
Merit: 0
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July 30, 2014, 01:12:28 PM |
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Over 83 GH/s and rising... ASICS and multipools are raping this coin now... If this continues, one or a few parties may end up making a hugely unfair distribution. Devs should consider reducing pow or something. It would not be wise or fair to let this continue, imo.
i completely agree. Pow needs to be cut, to protect the investors. PoW cut would be awesome. Some big asic farms must be involved now and that might result quite unfair distribution. |
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maarx
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July 30, 2014, 01:13:26 PM |
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Good luck with this coin. I've bought a few and I look forward to the developments.
Am curious to see if this coins is one of them to push crypto forward.
Good luck dev.
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sdcoin (OP)
Full Member
Offline
Activity: 129
Merit: 100
Leave nothing but a shadow.
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July 30, 2014, 01:14:01 PM |
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Over 83 GH/s and rising... ASICS and multipools are raping this coin now... If this continues, one or a few parties may end up making a hugely unfair distribution. Devs should consider reducing pow or something. It would not be wise or fair to let this continue, imo.
i completely agree. Pow needs to be cut, to protect the investors. PoW cut would be awesome. Some big asic farms must be involved now and that might result quite unfair distribution. We are considering our options in light of ASICS and multipools. Will keep you guys posted. |
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maarx
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July 30, 2014, 01:15:41 PM |
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Good luck with this coin. I've bought a few and I look forward to the developments.
Am curious to see if this coins is one of them to push crypto forward.
Good luck dev.
One concern I see for your coin is that at the moment it has 100 ghs in the network hash. 20 ghs from that is from known pools... Suppose one (unknown) pool is 80ghs-ing this shit, they can do crazy shit. |
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Burninj
Legendary
Offline
Activity: 1148
Merit: 1000
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July 30, 2014, 01:20:52 PM |
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I don't understand how people can continue to fall for coins like this one...
10k sat for a useless crappy chat system?
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RW-Stott
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July 30, 2014, 01:39:42 PM |
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I don't understand how people can continue to fall for coins like this one...
10k sat for a useless crappy chat system?
Are you an idiot? We have an anonymous, instant, p2p messaging system. If you call this useless, wow |
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sdcoin (OP)
Full Member
Offline
Activity: 129
Merit: 100
Leave nothing but a shadow.
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July 30, 2014, 01:39:48 PM |
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I don't understand how people can continue to fall for coins like this one...
10k sat for a useless crappy chat system?
Its more than just a chat system. Its an instant messaging system over p2p  Sure all we have right now is a qt front-end and some apis, but it could potentially grow into something huge. It scales infinitely, and the protocol could always be improved upon. |
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Sylon
Legendary
Offline
Activity: 1568
Merit: 1169
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July 30, 2014, 01:58:57 PM |
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I don't understand how people can continue to fall for coins like this one...
10k sat for a useless crappy chat system?
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