[ANN] Snowballs (BALLS) | SHA256 | 25k Blocks Mined | 5000% Proof of Stake |

[fabula]

I think we broke records , 2 of them, hopefully ocminer can confirm as they are on his pool.

I can confirm.. Its quite amazing.. Maybe I should start a SHA256 Multipool if so much mining power comes in

Currently we're so fast, that lots of orphans still occur as the diff is still quite low.. So much power at the moment is definitely not needed, maybe in 12 hours when diff has adjusted

I think within 12 hours poW is finish right?

[vegasguy]

Probably less than that. Pow ends at block 25,000 we are already near blk 18,000, popping them every second. Done in a couple hours.

[vegasguy]

Ive got an antminer S2, and its struggling with speed because of such low difficulty, I mean really bad.. cant get past 320GHZ, anyone know of any ideas/settings to get it to run on this pool closer to the 1ths rating? I know its the low diff causing it, just wondered if there is anything I can do.

Vegas

[notsofast]

I hope the time window between transfer fee reduction and staking is enough for us to withdraw our coins... otherwise ocminer and Scorpio18 are going to stake a LOT

[vegasguy]

I hope the time window between transfer fee reduction and staking is enough for us to withdraw our coins... otherwise ocminer and Scorpio18 are going to stake a LOT

HAHAHA..LOL.. never thought of it that way.. if we dont see them again, I know where they are.. sitting on a beach in Maui with a 10ft margarita in each hand !

[garmin]

Let me guess... Bittrex Exchange? 

[Cor2]

I think we broke records , 2 of them, hopefully ocminer can confirm as they are on his pool.

I can confirm.. Its quite amazing.. Maybe I should start a SHA256 Multipool if so much mining power comes in
Currently we're so fast, that lots of orphans still occur as the diff is still quite low.. So much power at the moment is definitely not needed, maybe in 12 hours when diff has adjusted

I think within 12 hours poW is finish right?

This coin has all the characteristics for making certain few people rich.
The messed-up diff that is not adjusting fast enough, even after half a day trying to catch up, the diff rise is still pegged to a designed low increase and the blocks are coming in as fast as the miners can reload - not even limited by hash power which is beyond bounds for such a young launch, so this resembles "insta-mine" for a happy few. Heck, the switch to PoS was set to be after block 25,000 and the half-minute block time (if I am not mistaken - it is not specified in the OP) should mean a PoW period of almost 9 days. But the dev already
knew that he had messed up the diff rise, so he already chose to say that the PoS launch would be the next day! Now that deadline is even too far out, because this coin is only about 10 hours old and we are nearing block 25,000.
The info available for set up a miner is minimal, all I could do was download the wallet and early on when the hash was showing that it was extremely low, I tried cpu mining in my wallet. The mining worked and after a night of running full bore, I have 1 transaction
according to the wallet - bet there are no coins in my wallet ?!?!? Questionable that.
For all that are not heavily invested in this coin, I can only advise to stay away.
For those who have invested - I hope that you are not bag holders within no time when the insta-miners are dumping to get their profit out.
Sorry - if a coin is properly launched and has a decent period for all to gather coins and set up miners in time, but this last-minute posting of a launch literally at the same moment that the coin is launched and no time or info to setup anything and then find out that there are
pools running with hundreds of Terahash? It might just as well be a giveaway of all coins to one person - the result is that it is no a DE-centralised currency and I judge the value minimal. But that is just my opinion and therefor, I am out.

[rfisher1968]

I mined until I got close to 400 coins, then stopped. But I can't stake because I don't have a wallet. There needs to be a simple software solution like normal coins.

I don't know if that guy mining with 170 TH this coin instead mining directly btc is smart or so stupid.
We will see tomorrow when stake begin who is right.

[SteamOctane]

Snowballs pool is now up on SteamOctanepool.com

http://steamoctanepool.com/pool/BALLS/

Please add to the OP when you can!  Thanks!

[tripppn]

I mined until I got close to 400 coins, then stopped. But I can't stake because I don't have a wallet. There needs to be a simple software solution like normal coins.

I don't know if that guy mining with 170 TH this coin instead mining directly btc is smart or so stupid.
We will see tomorrow when stake begin who is right.

The wallets are in the OP.

Win Wallet:  www.mmxivcoin.com/Snowballs-Qt.rar

You have to click the win symbol.

[Disturbia]

5000% is that really even a possibility?  Inflation anyone?

[scorpio18]

Hey guys crons fixed on coinminers pool , sorry about the delay on updating the user balance

[mtwelve]

So should we solo mine or join pools I is confused 

[Disturbia]

So should we solo mine or join pools I is confused 

Same here?

[coinme.info]

So should we solo mine or join pools I is confused 

At this stage probably best to join the pool-  balls.suprnova.cc

Looks like they are getting all the blocks and there are less than 5000 blocks left for pow.

[fabula]

poW will end at this hashrate in about 6 hours more or less.
Then is 100% poS.

[scorpio18]

So should we solo mine or join pools I is confused  

Same here?

Join a pool (the diff is to big right now to solo mine balls.coin-miners.info ), but dont forget to spread the hash guys

[jorneyflair]

SHA256:   5f924d77af3b01fc1d4cd6ba2af8e766b754db7248e5b98fd62f6e4a008cf057
File name:   Snowballs-Qt.exe
Detection ratio:   1 / 54
Analysis date:   2014-11-01 10:12:36 UTC ( 9 hours, 41 minutes ago )
0 0
 Analysis
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 Comments 0
 Votes
Antivirus   Result   Update
AegisLab   W32.Virut   20141101
AVG      20141101
AVware      20141031
Ad-Aware      20141101
Agnitum      20141101
AhnLab-V3      20141031
Antiy-AVL      20141101
Avast      20141101
Avira      20141101
Baidu-International      20141031
BitDefender      20141101
Bkav      20141027
ByteHero      20141101
CAT-QuickHeal      20141101
CMC      20141031
ClamAV      20141101
Comodo      20141101
Cyren      20141101
DrWeb      20141101
ESET-NOD32      20141101
Emsisoft      20141101
F-Prot      20141031
F-Secure      20141101
Fortinet      20141101
GData      20141101
Ikarus      20141101
Jiangmin      20141031
K7AntiVirus      20141031
K7GW      20141031
Kaspersky      20141101
Kingsoft      20141101
Malwarebytes      20141101
McAfee      20141101
McAfee-GW-Edition      20141101
MicroWorld-eScan      20141031
Microsoft      20141101
NANO-Antivirus      20141101
Norman      20141101
Qihoo-360      20141101
Rising      20141101
SUPERAntiSpyware      20141101
Sophos      20141031
Symantec      20141101
Tencent      20141101
TheHacker      20141031
TotalDefense      20141101
TrendMicro      20141101
TrendMicro-HouseCall      20141101
VBA32      20141031
VIPRE      20141101
ViRobot      20141101
Zillya      20141030
Zoner      20141031
nProtect      20141031


https://www.virustotal.com/en/file/5f924d77af3b01fc1d4cd6ba2af8e766b754db7248e5b98fd62f6e4a008cf057/analysis/

[jorneyflair]


{
"blocks" : 6299,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 9.31382794,
"errors" : "WARNING: Checkpoint is too old. Wait for block chain to download, or notify developers of the issue.",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"netstakeweight" : 0.00000000,
"stakeweight" : {
"minimum" : 0,
"maximum" : 0,
"combined" : 0
},
"networkghps" : 0.61759166,
"pooledtx" : 0,
"testnet" : false
}

3hours later

{
"blocks" : 20187,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 715267.93597883,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"netstakeweight" : 0.00000000,
"stakeweight" : {
"minimum" : 0,
"maximum" : 0,
"combined" : 0
},
"networkghps" : 96001.63727833,
"pooledtx" : 0,
"testnet" : false
}

and what the hell with the diff

[jorneyflair]

and pow only last for about 5hours? and tons of orphaned block .