When is the multipool finally going functional?
its already on, but dont expect anything SUPREME
That's what I meant by "going functional": Santinizing the market. At the moment, we have more dumpers than investment.
Forget about pool, people lost interest, it is too late now. If you still believe in BC start buy small chunks, thats the best way at the moment, mining is not profitable any more...
it's too late now?
this coin is still 4 weaks old...
every coin in the top 40 are in red.
we go up soon, slowly but up is up:-)
I wonder why the pool doesnt get enough hashes. Maybe its because the devs are too nerdy to give enough information about the development.
If you ask in the IRC, all you hear is "soon". That might be funny from a nerd point of view, but it's totally a fuckup for PR.
Can't help but agree with this to a certain extent. The IRC room occasionally gets sporadic updates but they rarely make it outside there and are vague at best. I think I prefer the Mark Zuckerberg approach of getting it out there quick and dirty and fixing bugs as we go. Every day without an update is a whole load of potential hashes wasted.
The lead dev seems to have a great interest in financial markets and wants to apply "algotrading" to the pool, he is quick to quote Wikipedia pages of complicated financial models, enough to bamboozle anyone curious enough to ask and probably stop them asking again. I believe his focus on this is slowing down the fundamentals, that being working stats and different hashing algos (SHA256, Keccak, Adaptive-N, Quark etc) which would increase adoption and instill confidence.
For the record I've been hashing at 5.7Mh/s constantly and every day's payment, taking the lowest price point it could have been converted to BC comes out at 0.015BTC per 1Mh/s. This is pretty poor, so I'm switching to an unofficial pool to see if they do any better just "getting it out there" and not overcomplicating things.
Unofficial ones are:
http://www.blackcoinminer.comhttp://www.cryptoalts.comThere's an SHA256 one which name has illuded me for now. I noted it runs on a home internet connection so not sure how robust it is.
Yes I heard about the "algotrading" too. But they are working hard on implementing an so-to-say intelligent trading bot. But in fact, it would make more sense now to just take coinchoose API, select profitable coins and buy BC with them, just plain and straight ahead, no experiments. They can still experiment and try to make an intelligent algorithm that makes slightly more for the same hashes. The problem is not if blackcoin could have this and that of a value in x weeks, but people losing interest, because market is not moving and the pool is in some quiet beta state with unknown evolving.
On the other hand, 0.015BTC/MH is not that bad. With 3 MH I need 12 hours to get that on Wafflepool...
Anyhow I just wish, the devs would finally hire someone to do some promotion for pool and coin. Frequent reddit post of what's happening, tweets and all. Get constant media presence and if a certain feature takes sometime, just fucking POST about it and the process. Don't be sociopathic quiet about what you do and hide the information in a few ironic posts on IRC!
PS: Yes, I know that is impatient but people ARE impatient. The market is full of stuff going on and everyone changes direction of interest in a few minutes. You must keep up with that and use psychology to keep people interested, because interest means benefit for all of us!
