Topic: [ANN] AIRcoin - page 53. (Read 137294 times)

So, does this work by you telling the community that you made some BTC (with no actual proof presented), then the community believes you and buys, which enables you to possibly sell premined coins into the market?

 Is there some way people can verify what you are saying?
Just asking.

Not all people employ the same strategy when mining and there are plenty of examples of less than profitable coins that are still mined.

this. I am not mining this coin anymore because the profit is EXTREMELY bad at the moment. I still see this coin as a good investment, that's why I am BUYING it for the low price as it is now. I will mine it if/when difficulty drops.

Like it or not, miners have to find it profitable or they mine something else. That's a FACT. Imagined value based on personal expectations is as important to investors as it is for the miners. That's how LIFE works.

DEVs need really need to raise price a bit before coinmarketcap hits.

You saved me the time to write this.  ^^^
The coins value is what *we* make it ... too many people sitting waiting around for someone else to do the hard work so they can take the reward. This is a joint effort!

Yea, KGW is actually too low for response-time... (The speed of adjusting up or down. Not horrible, but not great.)

However, it is still better than not having it at all. (Diff would not react fast enough, letting 4x-20x blocks be over-mined in a day, then force us to mine for days, with /4 and /20 blocks found after the hoppers would have left.)

There are few hoppers. However, there is still one big hopper somewhere, or that is a pool falling out of connection from these attacks, then coming back again.

Actually, the well, you want it to do the opposite. It should fall faster than it rises. Since "luck" can cause false hash-rate illusions when someone hits a lot of blocks. However, if actual hoppers joined, you don't want that instant rise, just enough to boot them off. Since that is not the true "hash-rate", just a swarm of drive-by visitors who will end-up only getting a share-value from only 3.72 coins for that one or two blocks, before they leave. It should nearly instantly go back to being "correct" for the steady miners. Otherwise you are actually favoring hoppers the other way.

Still, the KGW seems off, both ways. Too slow up, and too slow down. However, that does make the transitions a lot less crippling to everyone. Less crippling than day-adjustments. Seems to take about only 10-20 coins to adjust up or down correctly. Actually makes DDOS ineffective to do. Look at that as the big bonus. By the time the DDOS is over, the coin difficulty has only slipped down a hair. They gain nothing by knocking large volumes off the coin.

Just needs some fine-tuning... (That is my opinion)

As for... "It isn't valuable to mine" (Now, as that is what you are implying by the price NOW...) You are a hopper... Hop away. This coin is for investors, mining for FUTURE value. The future value rises with difficulty rise. It is never proportional, never has been on any coin. Stop complaining about how LIFE works, as if it is the issue of the coin to solve. The price NOW is irrelevant, unless you intend to just dump. Which makes you a hopper. Go ahead and dump. Those coins will be a nice bonus for us. Ones that it cost us less to buy, than to mine. If it is not profitable YET for you, then duh, you have to hold them until the reward for what you mined, is there in the price. Sell higher and wait for someone to buy it, like the rest of us. Or get off your ass, and convince someone that this coin is worth the investment. Like I said before, this is not a spectator sport, you have to participate. Driving to the game to watch it (mining), is not "participation". The coin is what you make it. Your value is what you convince others that it is. If you do nothing, you should expect nothing in return. If you see no value here, don't mine it. Lowers the difficulty for those of us who do find it valuable.

Better sell them quick then.......

Great deal today.
Buyed some Air (16 hours ago) at 0.0019 an now i can sell them at 0.0018.

I getting poor!

Which makes it ripe for a multipool with huge hashpower to come in, rape it, leave, then the rest of the miners are sitting here waiting for diff to come down, then the multipools show up again.. rinse, repeat...typical way it works.

Answer, thanks the KGW the diff goes up slowly when there is a lot of hash power, BUT when there is less power the diff need time too to get down..... so, when the diff is high and less hashpower it takes more time to  find the block..... from the other hand, if there is more hashpower and the diff remains on lower stage we find the blocks faster .....

Okay, I didn't notice that blocks were found so much more. All I'm seeing is rapid reduction of earnings per block. Seem like for every 50Mh/s added to the net hashrate makes difficulty go up 1 more. When hashrate goes down it seem to react slower than when it's rising. Either way, something must be done to the kgw implementation.

Explain that please.. If when the Hashrate increases quickly, we start getting like 50-60 blocks per hour until it stabilizes ..hours later.. then the rate drops, and we get like 16 blocks in an hour for hours, how can you say that it is too fast? Seems like it is leaving the coin open to raping by multipools.

Unless... you are running/mining in one of the multipools..

No, it's other way round. Difficulty reacts too fast.

Your math is correct. That makes the average price of 0.00172. Barely profitable to mine after difficulty 15. It's really easy to understand: Investors want to buy the coin as low price as possible and miners want to sell as high price as possible. Some miners are investors too. Like it or not, you need to keep miners happy or your investment will not fly.

i agree. I mined only 10 coins last 24 hours. Its not profitable at all right now.

Looks like difficulty is slow to react to both increase and decrease in hash rate. My math is telling me that only 16 blocks have been found in the last hour..

+1 Trolls will be Trolls.

To counter your flaming/trolling:lets turn it around. Lowest price was 0.0007. Current price is 0.0018. Thats an increase of 257%. Simple math.

Wow man, are you serious saying this?!