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nihilnegativum
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February 17, 2016, 09:29:07 AM |
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I am totally confused by this and the website
Am I correct in assuming if I use your pool I will earn your coin as a payment for shares/hash ?
You are correct, you get Xaurum for hash on Goldmine, (there are some delays in payouts that are supposed to be over soon). We're also in the process of developing new websites, to make things less confusing. |
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The trust scores you see are subjective; they will change depending on who you have in your trust list. |
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lotfipro
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February 17, 2016, 11:51:24 AM |
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you can mine XAU in at the wellet or no???
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nihilnegativum
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February 17, 2016, 01:13:38 PM |
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you can mine XAU in at the wellet or no???
No. Xaurum is PoS and has no inherent mining, so you can only mine it at the Goldmine. |
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lotfipro
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February 17, 2016, 01:32:48 PM |
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i'm nobie  how to mine |
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mintminty59
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February 17, 2016, 06:52:53 PM |
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I am totally confused by this and the website
Am I correct in assuming if I use your pool I will earn your coin as a payment for shares/hash ?
You are correct, you get Xaurum for hash on Goldmine, (there are some delays in payouts that are supposed to be over soon). We're also in the process of developing new websites, to make things less confusing. I have been hashing on this , and my worker shows nothing on your website. How do payouts work. What is your coin per share. I wont switch my block erruptors on until I know if it will be viable with huge power they draw. Also what is this thats a serious amount of hash power Address Valid Shares Invalid Shares Efficiency Hash Rate GoldMinePrivate4 585093248.00 1769472.00 99.70% 664.05 TH GoldMinePrivate5 320017152.00 1334272.00 99.58% 48.68 TH GoldMinePrivate3 140181504.00 786432.00 99.44% 184.84 TH |
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Puhi
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February 17, 2016, 08:39:12 PM |
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I am totally confused by this and the website
Am I correct in assuming if I use your pool I will earn your coin as a payment for shares/hash ?
You are correct, you get Xaurum for hash on Goldmine, (there are some delays in payouts that are supposed to be over soon). We're also in the process of developing new websites, to make things less confusing. I have been hashing on this , and my worker shows nothing on your website. How do payouts work. What is your coin per share. I wont switch my block erruptors on until I know if it will be viable with huge power they draw. Also what is this thats a serious amount of hash power Address Valid Shares Invalid Shares Efficiency Hash Rate GoldMinePrivate4 585093248.00 1769472.00 99.70% 664.05 TH GoldMinePrivate5 320017152.00 1334272.00 99.58% 48.68 TH GoldMinePrivate3 140181504.00 786432.00 99.44% 184.84 TH All sha miners are forwarded to bigger pools. "Bitcoin" miners mine on https://slushpool.com/stats/. Private pools mine on https://www.antpool.com/home.htm. Hash of private pools is in most cases rented on Nicehash. If you want/need private pool PM the guys. Other miners mine coins directly. Whatever they mine is sold for USD and converted to gold for XAU backing. Miners are rewarded with extra reward on this pool. The more they mine, the bigger the reward. Reward is substantial. Here is the link to formula https://docs.google.com/spreadsheets/d/1Spg-mGTbt5u8-PI4IfxuZ4gtChNSKvDuN82PBFAyXq8/edit#gid=756573837. Put real numbers in the formula example and you will get the actual mining price of xau. At current buy market price of cca. 135 USD/XAU, the mining price is cca. 119 USD/XAU - you reward is cca. 16 USD/XAU or cca. 13,4% more than you get anywhere else. The reward grows with hash rate and market price. The payouts for private pools are regular. For other coins they had to first switch from Cryptsy to Polo and after update the APIs for BTC. Hopefully they will be up and ready soon. In past all payouts were made as promised. In case of longer fuckups they rewarded the miners extra. Hope this helps. (I'm previous miner on this pool. Stopped because I switched to minting XAU.) |
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BloomBit
Member
 Offline
Activity: 65
Merit: 10
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February 17, 2016, 09:35:49 PM |
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It is our greatest pleasure to welcome you on our exchange, and announce to you, that our opening campaign will last from 16. 2. - 23. 2.2016 during which all users will have 100% Fee-back.
We notify you that we added Xaurum on our exchange!
https://youtu.be/8e_8Nu8M9C4
Make your coins BLOOM!
BloomBit Team
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Aurum Project (OP)
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February 17, 2016, 10:07:06 PM |
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Here are the stats for the 127th payout:
We have mined new 17,26056987 Xaurum and transformed electricity into 41,29344762 more grams of gold.
The mints have minted new 824,18510 Xaurum and backed Xaurum with 1762,79400 more grams of gold.
We now have 5162,033386 of total Xaurum money supply, backed by 9240,277515 g of gold. This means every Xaurum is now worth 1,790046058 g of gold and can be melted at this ratio.
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... sic manet gloria mundi.
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nihilnegativum
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February 17, 2016, 11:21:08 PM |
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I am totally confused by this and the website
Am I correct in assuming if I use your pool I will earn your coin as a payment for shares/hash ?
You are correct, you get Xaurum for hash on Goldmine, (there are some delays in payouts that are supposed to be over soon). We're also in the process of developing new websites, to make things less confusing. I have been hashing on this , and my worker shows nothing on your website. How do payouts work. What is your coin per share. I wont switch my block erruptors on until I know if it will be viable with huge power they draw. Also what is this thats a serious amount of hash power Address Valid Shares Invalid Shares Efficiency Hash Rate GoldMinePrivate4 585093248.00 1769472.00 99.70% 664.05 TH GoldMinePrivate5 320017152.00 1334272.00 99.58% 48.68 TH GoldMinePrivate3 140181504.00 786432.00 99.44% 184.84 TH What Puhi said is correct. The hashes are saved, you can give me you worker address so I can double-check, but if you connected your hash is safe and should be visible when you click your adddress in a while (around 10 min). How much do you get for your hash is determined by Xaurum coinage , the miners get more than they would mining the coins directly. |
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mintminty59
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February 17, 2016, 11:43:06 PM |
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Thats a great help , I decided to hash on the X11 Algo before I think about puttins some block erruptors on.
How often do you payout on hash mining.
I will probably keep the coins in my wallet for staking also.
This was worker address I used
XVddJNRP7F9jpEeHmb6VUtgdw3S45suSsS
So basically you use BTC from mining , then convert that to USD , then convert to Xaurum then you send it out?
What is minting?
I am just so confused with it all.
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l8nit3
Legendary
Offline
Activity: 1007
Merit: 1000
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February 17, 2016, 11:58:52 PM |
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Have the pending payouts from API change been sent? Got my wallet open and synced.. but nothing yet. Don't get me wrong, I'll still wait patiently for my bit of digital gold as I do think this coin has amazing potential. Just wanted to check in and see if maybe I was missed, XGFq8oFhbaWJCN4e1maELr3rek8FDHoop5
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l8nit3
Legendary
Offline
Activity: 1007
Merit: 1000
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February 18, 2016, 12:02:18 AM |
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Thats a great help , I decided to hash on the X11 Algo before I think about puttins some block erruptors on.
How often do you payout on hash mining.
I will probably keep the coins in my wallet for staking also.
This was worker address I used
XVddJNRP7F9jpEeHmb6VUtgdw3S45suSsS
So basically you use BTC from mining , then convert that to USD , then convert to Xaurum then you send it out?
What is minting?
I am just so confused with it all.
From the way it was explained to me, I believe that yes, all coins mined at the goldmine are converted to BTC and then XAURUM, at which point it is paid out to the miners. I believe payouts are once daily, based on the constant (and welcome) updates from dev daily about the new amounts and worth of the coin. I believe the giant rigs running on the 'private' pool are either owned or rented by the dev/team and the profits I believe are used to aquire the gold that is used to back XAURUM. (constant growth) Dev please correct me if Im wrong anywhere here. (info quoted below) As I understand Xaurum coins are premined. At pool you mine other coins. Those are sold so the gold can be bought. This is why they say its a goldmine. Your electricity is de facto being spent for gold - not for nothing as with other coins. For mining you are rewarded with Xaurum coins. Your reward includes a bonus calculated with this formula https://docs.google.com/spreadsheets/d/1tSyb2mun1vOLgTwYum3nLK-UcKF7kz7Kn6plT4MVw9Y/edit#gid=1578941372Example: if you mine 1 BTC, you would get 1 BTC anywhere else. Here you get from 1,125 to 1,250 BTC in XAU coins. So, in fact this coin makes you mining from 12,5% up to 25% more profitable. The more miners there are the greater the reward! Xaurum guys please correct me, if I'm wrong with the explanation. |
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nihilnegativum
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February 18, 2016, 12:18:39 AM |
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From the way it was explained to me, I believe that yes, all coins mined at the goldmine are converted to BTC and then XAURUM, at which point it is paid out to the miners. I believe payouts are once daily, based on the constant (and welcome) updates from dev daily about the new amounts and worth of the coin. When we get sufficient BTC for coinage, Xaurum is coined, the BTC is converted to USD and gold is bought. The gold reserves grow because new Xaurum requires more and more gold to be coined, so the value of all Xaurum grows when new Xaurum enter circulation. Private pools are not for our dev team, but for long term high-hash miners. The payouts are every day, but are currently only for the private sections, as we're still waiting for APIs to payout the regular part of the goldmine. We're sorry, I know its been a long time, but we're still waiting. Minting is direct coinage of Xaurum done by Mints (a masternode that holds 1000 Xaurum is required for a Mint). |
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Puhi
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February 18, 2016, 12:34:09 AM |
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Thats a great help , I decided to hash on the X11 Algo before I think about puttins some block erruptors on.
How often do you payout on hash mining.
I will probably keep the coins in my wallet for staking also.
This was worker address I used
XVddJNRP7F9jpEeHmb6VUtgdw3S45suSsS
So basically you use BTC from mining , then convert that to USD , then convert to Xaurum then you send it out?
What is minting?
I am just so confused with it all.
From the way it was explained to me, I believe that yes, all coins mined at the goldmine are converted to BTC and then XAURUM, at which point it is paid out to the miners. I believe payouts are once daily, based on the constant (and welcome) updates from dev daily about the new amounts and worth of the coin. I believe the giant rigs running on the 'private' pool are either owned or rented by the dev/team and the profits I believe are used to aquire the gold that is used to back XAURUM. (constant growth) Dev please correct me if Im wrong anywhere here. (sorry not dev, but I went through your learning curve): 1. Coins mined at goldmine are sold for USD. With this USD gold is bough. At the same time XAU coins are sent to the miners. This process is called COINAGE (a way to get new XAU on the market) 2. Private pool is just a name for a bigger miner. Bigger miner is treated equally as smaller miners. For example I was mining through private pool, but I'm not a dev or anything. At time it was the only way to get bigger amounts of XAU. If you want to mine on private pool, contact devs and get the conditions. And yes, the hash is mostly rented on Nicehash. Minting is like mining - a process of COINAGE. In case of minting you can buy XAU with fiat directly - no mining needed (this is what I'm doing now). Minting can only be done through MasterNode. MasterNode is a wallet with at least 1000 XAU. More on minting here http://mint.aurumproject.io/Hope that helps |
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mintminty59
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February 18, 2016, 01:01:00 AM |
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Perhaps its best I wait until API are fixed then as I only have 70 G/Hash on SHA256 and GPU on other Algo.
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Aurum Project (OP)
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February 18, 2016, 07:30:00 PM |
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It is our greatest pleasure to welcome you on our exchange, and announce to you, that our opening campaign will last from 16. 2. - 23. 2.2016 during which all users will have 100% Fee-back.
We notify you that we added Xaurum on our exchange!
https://youtu.be/8e_8Nu8M9C4
Make your coins BLOOM!
BloomBit Team
Thanks for adding Xaurum to BloomBit! |
... sic manet gloria mundi.
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BloomBit
Member
Offline
Activity: 65
Merit: 10
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February 18, 2016, 10:57:55 PM |
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It is our greatest pleasure to welcome you on our exchange, and announce to you, that our opening campaign will last from 16. 2. - 23. 2.2016 during which all users will have 100% Fee-back.
We notify you that we added Xaurum on our exchange!
https://youtu.be/8e_8Nu8M9C4
Make your coins BLOOM!
BloomBit Team
Thanks for adding Xaurum to BloomBit! |
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Aurum Project (OP)
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February 19, 2016, 10:00:26 AM
Last edit: February 19, 2016, 11:06:01 PM by Aurum Project |
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Here are the stats for the 128th payout:
We have mined new 18,91858904 Xaurum and transformed electricity into 50,07692308 more grams of gold. We now have 5180,951975 of total Xaurum money supply, backed by 9290,354438 g of gold. This means every Xaurum is now worth 1,79317517 g of gold and can be melted at this ratio.
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... sic manet gloria mundi.
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Aurum Project (OP)
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February 19, 2016, 11:23:39 PM |
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Here are the stats for the 129th payout:
We have mined new 11,83518648 Xaurum and transformed electricity into 31,27190385 more grams of gold. We now have 5192,787161 of total Xaurum money supply, backed by 9321,626342 g of gold. This means every Xaurum is now worth 1,79511042 g of gold and can be melted at this ratio.
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... sic manet gloria mundi.
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l8nit3
Legendary
Offline
Activity: 1007
Merit: 1000
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February 21, 2016, 02:36:34 AM |
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decided I couldn't wait any longer t own a bit of this awesome coin and just went and bought some  so i finally have a little gold dust in my wallet  and as soon as the API's are all set I'll be pointing my mini mining setup over to the goldmine again  |
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