norcalnewbie707 (OP)
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November 01, 2014, 07:52:13 AM Last edit: November 02, 2014, 12:51:23 AM by norcalnewbie707 |
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This Thread has been moved to- https://bitcointalk.org/index.php?topic=843495 Snowballs
Snowballs are an experiment to push the limits of our staking hardware. They will feature 1,000,000 BALLS via SHA Proof of Work followed by 5000% yearly stake. This is very high because we are testing methods of making the Snowball Staking hardware a viable alternative to expensive, high energy miners. The short mining phase ensures we have widespread coin distribution to ensure a smooth hand off to a Pure Proof of Stake network Future Plans
It's up to you guys whether you mine it or not. We have plans to use this coin as an incentive program towards our Snowball hardware customers. It has a use for us. Whether you want to participate or not is cool either way. The goal is to provide a low cost, standalone staking device that can earn more than high cost, high energy mining hardware. Minting is the future of low cost coin generation and we are at the forefront both with Maieuticoin and now Snowballs, which are created to out-perform proof of work chains for minting profits vs mining costs Coin Specs
- Algorithm: SHA256 Ports: 11064, 21064
- 40 BALLS each over 25,000 Mined PoW Blocks
- Proof of Stake at 5000% yearly yield 24h / 30d
- Staking starts November 2nd at 12:00:00 GMT
- Tx fees are destroyed for anti-inflation (640000000)
- Name conf file mmxiv.conf in Roaming/Snowballs Folder
- This is an important step for all Snowball hardware
- If self compiling, it will make as MMXIV-Qt/mmxivd
Mining Pools
Rewards Program
BALLS will be an available option when you purchase your Snowball Staking Hardware with Maieuticoin. Unlike when selecting another chain, each Snowball customer that chooses BALLS will receive some free per purchase. Simply send us an address your Snowball hardware generates once you receive the unit. This is why this coin has such a high staking percentage; to encourage the use of cheap, cost efficient, low energy staking hardware for long term profits instead of expensive, outdated, high energy mining hardware that will, very likely, net owners a negative ROI as difficulties go higher and profitabilities per MH, GH, or TH fall lower
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norcalnewbie707 (OP)
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Activity: 24
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2014, 08:02:32 AM |
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Snowballs
Snowballs are an experiment to push the limits of our staking hardware. They will feature 1,000,000 BALLS via SHA Proof of Work followed by 5000% yearly stake. This is very high because we are testing methods of making the Snowball Staking hardware a viable alternative to expensive, high energy miners. The short mining phase ensures we have widespread coin distribution to ensure a smooth hand off to a Pure Proof of Stake network Future Plans
It's up to you guys whether you mine it or not. We have plans to use this coin as an incentive program towards our Snowball hardware customers. It has a use for us. Whether you want to participate or not is cool either way. The goal is to provide a low cost, standalone staking device that can earn more than high cost, high energy mining hardware. Minting is the future of low cost coin generation and we are at the forefront both with Maieuticoin and now Snowballs, which are created to out-perform proof of work chains for minting profits vs mining costs Coin Specs
- Algorithm: SHA256 Ports: 11064, 21064
- 40 BALLS each over 25,000 Mined PoW Blocks
- Proof of Stake at 5000% yearly yield 24h / 30d
- Staking starts November 2nd at 12:00:00 GMT
- Tx fees are destroyed for anti-inflation (640000000)
- Name conf file mmxiv.conf in Roaming/Snowballs Folder
- This is an important step for all Snowball hardware
- If self compiling, it will make as MMXIV-Qt/mmxivd
Mining Pools
Rewards Program
BALLS will be an available option when you purchase your Snowball Staking Hardware with Maieuticoin. Unlike when selecting another chain, each Snowball customer that chooses BALLS will receive some free per purchase. Simply send us an address your Snowball hardware generates once you receive the unit. This is why this coin has such a high staking percentage; to encourage the use of cheap, cost efficient, low energy staking hardware for long term profits instead of expensive, outdated, high energy mining hardware that will, very likely, net owners a negative ROI as difficulties go higher and profitabilities per MH, GH, or TH fall lower
This coin was also intentionally made to be tough for pools. It is meant to be solo mined and distributed quickly so there are a lot of coins out prior to reaching the staking phase tomorrow afternoon
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EmpoEX
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2014, 08:03:42 AM |
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We will keep an eye on BALLS (lol). It's a interesting project, from hardware aspect.
Wish you best of luck.
EmpoEX Team
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ILoveBigBlackCocks
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2014, 08:19:04 AM |
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This coin was also intentionally made to be tough for pools. It is meant to be solo mined and distributed quickly so there are a lot of coins out prior to reaching the staking phase tomorrow afternoon
WTF does this bullshit mean? Tough for pools? What is tough about it besides it being such shit no one cares to set up a pool for it? Meant to be solo mined and distributed quickly? It's not being distributed to anyone besides iGotSpots right now because no one knows about it and there are no pools or exchanges. I like high PoS so I was initially interested but shill your cash grab elsewhere Spots, fuck this garbage.
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ILoveBigBlackCocks
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2014, 08:23:27 AM |
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Snowballs
Snowballs are an experiment to push the limits of our staking hardware. They will feature 1,000,000 BALLS via SHA Proof of Work followed by 5000% yearly stake. This is very high because we are testing methods of making the Snowball Staking hardware a viable alternative to expensive, high energy miners. The short mining phase ensures we have widespread coin distribution to ensure a smooth hand off to a Pure Proof of Stake network Future Plans
It's up to you guys whether you mine it or not. We have plans to use this coin as an incentive program towards our Snowball hardware customers. It has a use for us. Whether you want to participate or not is cool either way. The goal is to provide a low cost, standalone staking device that can earn more than high cost, high energy mining hardware. Minting is the future of low cost coin generation and we are at the forefront both with Maieuticoin and now Snowballs, which are created to out-perform proof of work chains for minting profits vs mining costs Coin Specs
- Algorithm: SHA256 Ports: 11064, 21064
- 40 BALLS each over 25,000 Mined PoW Blocks
- Proof of Stake at 5000% yearly yield 24h / 30d
- Staking starts November 2nd at 12:00:00 GMT
- Tx fees are destroyed for anti-inflation (640000000)
- Name conf file mmxiv.conf in Roaming/Snowballs Folder
- This is an important step for all Snowball hardware
- If self compiling, it will make as MMXIV-Qt/mmxivd
Mining Pools
Rewards Program
BALLS will be an available option when you purchase your Snowball Staking Hardware with Maieuticoin. Unlike when selecting another chain, each Snowball customer that chooses BALLS will receive some free per purchase. Simply send us an address your Snowball hardware generates once you receive the unit. This is why this coin has such a high staking percentage; to encourage the use of cheap, cost efficient, low energy staking hardware for long term profits instead of expensive, outdated, high energy mining hardware that will, very likely, net owners a negative ROI as difficulties go higher and profitabilities per MH, GH, or TH fall lower
And I love this part. "Experiement to push the limit of our staking hardware". Are you fucking kidding me? "A gussied up raspberry pi might explode if we move the decimal point around, let's create a shit coin to be sure it's safe."
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CryptoPromotions
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2014, 08:33:42 AM |
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Am mining some. How about a pool?
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sq
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2014, 08:37:57 AM |
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Good luck!
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Mig-23
Legendary
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Activity: 1176
Merit: 1000
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2014, 08:38:41 AM |
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wow,..5000%,.. nothing to say ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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HunterS
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2014, 08:40:30 AM |
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i tried setting up a pool but get this error Check finished - daemon rpc error with batch gettransactions {"code":-32700,"message":"Parse error"}
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Palmdetroit
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Activity: 910
Merit: 1000
PHS 50% PoS - Stop mining start minting
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2014, 08:50:15 AM Last edit: November 01, 2014, 10:02:35 AM by Palmdetroit |
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Is this the highest stake yet?
+Interesting anti pool fee
Cant mine save some for me!
Sidh92cP7U9HdMQURKYuY6FfM3DYMijCnv
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crypto4jan
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Activity: 2453
Merit: 1025
Energy coin master
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2014, 08:51:37 AM |
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e2wwnbU8XBcnZxSfMTwZLS7Ru6LdWHunCu 00000a5ac2dc57cfb0b92bc8be7731fe6a94a8c1c49a0d2f32e9e2da4f7d2308
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HunterS
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2014, 08:55:10 AM |
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can some get a damn pool up so i can use my S3.cant solo mine wallet with them
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norcalnewbie707 (OP)
Newbie
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Activity: 24
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2014, 08:55:27 AM |
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Snowballs
Snowballs are an experiment to push the limits of our staking hardware. They will feature 1,000,000 BALLS via SHA Proof of Work followed by 5000% yearly stake. This is very high because we are testing methods of making the Snowball Staking hardware a viable alternative to expensive, high energy miners. The short mining phase ensures we have widespread coin distribution to ensure a smooth hand off to a Pure Proof of Stake network Future Plans
It's up to you guys whether you mine it or not. We have plans to use this coin as an incentive program towards our Snowball hardware customers. It has a use for us. Whether you want to participate or not is cool either way. The goal is to provide a low cost, standalone staking device that can earn more than high cost, high energy mining hardware. Minting is the future of low cost coin generation and we are at the forefront both with Maieuticoin and now Snowballs, which are created to out-perform proof of work chains for minting profits vs mining costs Coin Specs
- Algorithm: SHA256 Ports: 11064, 21064
- 40 BALLS each over 25,000 Mined PoW Blocks
- Proof of Stake at 5000% yearly yield 24h / 30d
- Staking starts November 2nd at 12:00:00 GMT
- Tx fees are destroyed for anti-inflation (640000000)
- Name conf file mmxiv.conf in Roaming/Snowballs Folder
- This is an important step for all Snowball hardware
- If self compiling, it will make as MMXIV-Qt/mmxivd
Mining Pools
Rewards Program
BALLS will be an available option when you purchase your Snowball Staking Hardware with Maieuticoin. Unlike when selecting another chain, each Snowball customer that chooses BALLS will receive some free per purchase. Simply send us an address your Snowball hardware generates once you receive the unit. This is why this coin has such a high staking percentage; to encourage the use of cheap, cost efficient, low energy staking hardware for long term profits instead of expensive, outdated, high energy mining hardware that will, very likely, net owners a negative ROI as difficulties go higher and profitabilities per MH, GH, or TH fall lower
Fees have been set intentionally high and will be adjusted in a fork soon to a more appropriate level. I highly suggest solo mining this coin instead of mining on a pool until the fees are changed. You will not be able to move coins around until the fees are changed. This will most likely happen tomorrow
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tylerderden
Copper Member
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November 01, 2014, 08:57:08 AM |
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no doubt need a pool dude, my shits rented out
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johan11
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2014, 08:59:43 AM |
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Im in - solo mining - help snowball is rolling to me help ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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HunterS
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2014, 09:14:12 AM |
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Ok so solo is working for me.Just had to dust off the old BFL 50 ghz and give it a run ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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scorpio18
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Activity: 1722
Merit: 1000
Admin of CoinMiners Pools
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2014, 09:15:00 AM |
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ocminer
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November 01, 2014, 09:17:54 AM |
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suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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scorpio18
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Activity: 1722
Merit: 1000
Admin of CoinMiners Pools
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2014, 09:28:23 AM |
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error: {"code":-4,"message":"Error: This transaction requires a transaction fee of at least 44160.00 because of its amount, complexity, or use of recently received funds "}
WTF
I can not pay my miners because of that fee wtf
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Black Mamba
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2014, 09:30:03 AM Last edit: November 01, 2014, 10:01:35 AM by Black Mamba |
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No wallets? Edit found them ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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