[ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes

[LiteMine]

Please try not to quote ebolajact, he is a vicious paranoid schizophrenic with the IQ of limp salad and his 'stealing from the miners' bullshit has been a plague upon Darkcoin since he set foot in the DRK thread.

Just put him on ignore now, you'll thank me later.

Nobody cares if three dudes are getting another 25% out of their 'farm' of 6 290 cards with an optimised miner. And while X11 FPGA's are certainly possible they are unlikely to be any more efficient (or even as efficient) as a GPU. 

I care if there is an optimized miner only available to a few. The solution is simple. Contact Wolf and find out how much is needed for him to release and everyone contribute.

Contributions stand at 1300 SPR for an optimized miner so far (anyone else?).

And yes, shojayxt waged a scorched-earth FUD campaign on DRK for most of 2014 and no one there will ever forget it. Review his posts if you need a sample of his past transgressions. There's always an ulterior motive with him, no doubt.

[shojayxt]

Please try not to quote ebolajact, he is a vicious paranoid schizophrenic with the IQ of limp salad and his 'stealing from the miners' bullshit has been a plague upon Darkcoin since he set foot in the DRK thread.

Just put him on ignore now, you'll thank me later.

Nobody cares if three dudes are getting another 25% out of their 'farm' of 6 290 cards with an optimised miner. And while X11 FPGA's are certainly possible they are unlikely to be any more efficient (or even as efficient) as a GPU. 

I care if there is an optimized miner only available to a few. The solution is simple. Contact Wolf and find out how much is needed for him to release and everyone contribute.

Contributions stand at 1300 SPR for an optimized miner so far (anyone else?).

And yes, shojayxt waged a scorched-earth FUD campaign on DRK for most of 2014 and no one there will ever forget it. Review his posts if you need a sample of his past transgressions. There's always an ulterior motive with him, no doubt.

What's the address for the contributions and how are funds being held if I were to donate?

Thanks

[MyFarm]

Please try not to quote ebolajact, he is a vicious paranoid schizophrenic with the IQ of limp salad and his 'stealing from the miners' bullshit has been a plague upon Darkcoin since he set foot in the DRK thread.

Just put him on ignore now, you'll thank me later.

Nobody cares if three dudes are getting another 25% out of their 'farm' of 6 290 cards with an optimised miner. And while X11 FPGA's are certainly possible they are unlikely to be any more efficient (or even as efficient) as a GPU. 

I care if there is an optimized miner only available to a few. The solution is simple. Contact Wolf and find out how much is needed for him to release and everyone contribute.

Contributions stand at 1300 SPR for an optimized miner so far (anyone else?).

And yes, shojayxt waged a scorched-earth FUD campaign on DRK for most of 2014 and no one there will ever forget it. Review his posts if you need a sample of his past transgressions. There's always an ulterior motive with him, no doubt.

What's the address for the contributions and how are funds being held if I were to donate?

Thanks

There's no available address at present as we haven't donated.  This thread is small enough to take people at their word on something like this, for now.  I said I would donate 1000 SPR.  I will now up that to 2000.

[defunctec]

Network hashrate nearly touching 5GH/s!

Does that mean that I should lower my buys then? Because more miners going to dump? or does anyone wanna dump some SpreadCoin to me?

Doesn't matter the hashrate, only 9000+ coins a day regardless of hashrate.

If anything, miners are losing out on SPR if the hashrate goes up. And if they want x SPR in x time... They will have to go to market

[E9800]

Has anyone reached out to Wolf to see what he wants? I'm sure he already has something put together. May be a better idea to let him name his price and then negotiate.

[Jesse Livermore]

FWIW IMO, price is showing no signs of one or two mega miners (>50% total network hash) dominating and dumping.... Which is to say if they are out there now they aren't selling their SPR (yet) at these prices...
JL

[sparkster]

Please try not to quote ebolajact, he is a vicious paranoid schizophrenic with the IQ of limp salad and his 'stealing from the miners' bullshit has been a plague upon Darkcoin since he set foot in the DRK thread.

Just put him on ignore now, you'll thank me later.

Nobody cares if three dudes are getting another 25% out of their 'farm' of 6 290 cards with an optimised miner. And while X11 FPGA's are certainly possible they are unlikely to be any more efficient (or even as efficient) as a GPU.  

He speaks rationally and politely. And you now do not. You stepped on the dangerous ground when you start to deny delvish nature of private miners;) When there was private GPU miner(s), all spreadcoiners knew it was pure evil. It's obviously that equal performance without private miners is good thing for the price of SPR (EDIT: and the health of network). Rationally, you can be against it only if you are one of the owners of higher performance miners.

Also TWO people responded shojayxt NOTHING on the merits. Just nonsense. Well I only can guess they know him from DRK discussions and don't want to actually discuss him again and again.

Personally I'm not big fan of DRK, but I think Mr. Spread made a good move so SPR gained some supporters from big DRK community. Without all this masternodes fuss SPR still would have remained obscure. I think live SPR with masternodes is better than dead SPR without them, even with other (maybe many) Mr. Spread's realizations, even if they are brilliant. I hope shojayxt can consider this point of view.

[bonipper]

FWIW IMO, price is showing no signs of one or two mega miners (>50% total network hash) dominating and dumping.... Which is to say if they are out there now they aren't selling their SPR (yet) at these prices...
JL

If there were mega miners I guess they would have started dumping by now.

[Tiger_BTC]

Has anyone reached out to Wolf to see what he wants? I'm sure he already has something put together. May be a better idea to let him name his price and then negotiate.

I've PMed him and no reply from him up to date.   

[thefix]

Put a cap on the hash rate and drop the reward to zero if it is over a certain amount.

Problem solved, if the big farms get the rate up high enough the reward drops to zero.

Many smalls guys are basically mining for zero at the moment so that would level the playing field.

Added benefit is we use less energy, save resources and distribute the coin more evenly.


We need to use technology to save energy and solve problems, not create more.

[Hippie Tech]

Has anyone reached out to Wolf to see what he wants? I'm sure he already has something put together. May be a better idea to let him name his price and then negotiate.

I've PMed him and no reply from him up to date.   

He's not much into kernels that are capable of solo mining. (..because solo miners cannot be taxed. )

[thelonecrouton]

Please try not to quote ebolajact, he is a vicious paranoid schizophrenic with the IQ of limp salad and his 'stealing from the miners' bullshit has been a plague upon Darkcoin since he set foot in the DRK thread.

Just put him on ignore now, you'll thank me later.

Nobody cares if three dudes are getting another 25% out of their 'farm' of 6 290 cards with an optimised miner. And while X11 FPGA's are certainly possible they are unlikely to be any more efficient (or even as efficient) as a GPU.  

He speaks rationally and politely. And you now do not.

I'm a straightforward guy, I call a FUD spewing sack of shit a FUD spewing sack of shit. He's been spouting the same crap about secret X11 superminers/FPGAs/ASICs for six months, this kind of FUD is how he operates. You've been warned, I'll say no more.

Anyway, private miners are never private for long, people are too greedy and sloppy.

[MyFarm]

FWIW IMO, price is showing no signs of one or two mega miners (>50% total network hash) dominating and dumping.... Which is to say if they are out there now they aren't selling their SPR (yet) at these prices...

I know a few guys with big farms on this coin, but they're nowhere near over 50%, even combined.  They're extremely experienced and know this is one of those coins you don't sell for a long time.  Is it possible you lose a few BTC on a coin like this?  Yes.  But it is also possible to make thousands of BTC on a coin like this and smart miners are going for the big hit with SPR.

[Tiger_BTC]

FWIW IMO, price is showing no signs of one or two mega miners (>50% total network hash) dominating and dumping.... Which is to say if they are out there now they aren't selling their SPR (yet) at these prices...

I know a few guys with big farms on this coin, but they're nowhere near over 50%, even combined.  They're extremely experienced and know this is one of those coins you don't sell for a long time.  Is it possible you lose a few BTC on a coin like this?  Yes.  But it is also possible to make thousands of BTC on a coin like this and smart miners are going for the big hit with SPR.

I know 2 guys with 700Mh/s,another guy with 600Mh/s and many many other small miners with 1Mh/s to dozens of Mh/s.
This coins is still well decentralized so far.

[MyFarm]

I'm thinking of creating a competition for optimized miners but it's not my area of expertise.  A few questions:

1.  There needs to be two miners to be optimized, nvidia and amd, correct?

2.  How long should I give optimizers to do their thing?  7 days?  10 days?  Or?

3.  What else should I specify in a competition (besides reward of course)?

[Tiger_BTC]

I'm thinking of creating a competition for optimized miners but it's not my area of expertise.  A few questions:

1.  There needs to be two miners to be optimized, nvidia and amd, correct?

2.  How long should I give optimizers to do their thing?  7 days?  10 days?  Or?

3.  What else should I specify in a competition (besides reward of course)?

1. yes,2 GPU miners.
2. The earlier,the better.With the same performance,first done,first get the bounty.
3. the improved part of hashrate * xxxx SPR = bounty.

what do you think ?

[zdminer]

sp is already working on optimized miner for nvidia

https://bitcointalk.org/index.php?topic=826901.msg10127836#msg10127836

[MyFarm]

I'm thinking of creating a competition for optimized miners but it's not my area of expertise.  A few questions:

1.  There needs to be two miners to be optimized, nvidia and amd, correct?

2.  How long should I give optimizers to do their thing?  7 days?  10 days?  Or?

3.  What else should I specify in a competition (besides reward of course)?

1. yes,2 GPU miners.
2. The earlier,the better.With the same performance,first done,first get the bounty.
3. the improved part of hashrate * xxxx SPR = bounty.

what do you think ?

Sounds pretty good.  Any suggestion on what forum I post it in?

[Tiger_BTC]

I'm thinking of creating a competition for optimized miners but it's not my area of expertise.  A few questions:

1.  There needs to be two miners to be optimized, nvidia and amd, correct?

2.  How long should I give optimizers to do their thing?  7 days?  10 days?  Or?

3.  What else should I specify in a competition (besides reward of course)?

1. yes,2 GPU miners.
2. The earlier,the better.With the same performance,first done,first get the bounty.
3. the improved part of hashrate * xxxx SPR = bounty.

what do you think ?

Sounds pretty good.  Any suggestion on what forum I post it in?

post on this board https://bitcointalk.org/index.php?board=160.0

[NoobKidOnTheBlock]

Sure doesn't seem like anyone is wanting to dump this coin into any of the buys at all! I guess who ever holds these coins knows that they are worth a lot more than 40k a coin I just hope I can scoop some more up soon before the price of this coin really begins to move