Topic: [ANN] Elacoin | Released | Fair Elastic Scrypt Mining | No Premine - page 4. (Read 133952 times)

what that hui(sorry for my Russian) is saying is not true.


The truth is that's how the current algo is working...
Diff was high and suddenly all miners gone for whatever reason
To get updated diff we are to wait for 2016 blocks @ 1hr each now, 80+ days:(
all this time people are thinking that "the coin algo is broken, something is wrong etc etc"
thus selling, the price lower, last miners go away.

That's why we are talking of lowering retarget time.
Talking ONLY at the moment.

I was looking into this coin , but if what you're saying it's true this coin becomes a no no.

check github. no changes were made. EASY.

Oh can you just quit your bullshit?

Im not talking about its price, the price drop is because it doesn't pay like it used to two weeks ago, so the miners are dumping!
All because you Russiandrunks are meddling with the system and we know it!
Your are despicable!

just do not sell if you don't like the price:)
keep calm:)

No somebody is totally screwing with it and has stuffed something with it!

The new self appointed "takeover dev" mat5x who has NO permission whatsoever to touch it, also has not replied to any of my PM's!
From what I gather reading his "stuff all" posts on this forum, he seriously has no idea what he's doing, and has took it upon himself that he can just walk in and takeover elacoin.

This is BS, I have been supporting/mining this coin for over 3 months!!! I know all coins are down across the board since a week after MT Gox shut down, but I have never seen elacoin drop to the prices they are at now. This has been the most stable coin I have ever mined, that's why I put my money and equipment into it.
What Im trying to say is that the context of his last comments were basically saying he was going to mess with the algo. What the fuck for, I have no idea! Again who is this idiot???
Well about 3-4 days after that was posted my mining quota that I get, because remember I've been mining it for 3 months suddenly dried up!!!

I cannot even begin to tell you how frustrating this is!! I have spent over 5K on equipment and have had a good return from mining eleacoin, only to have this total stranger and newbie walk in and stuff up all I have done.
This is total BS. I am quickly losing all interest for anything to do with mining whatsoever and advocating to others to stay away!
I have never read so much BS from daydreamers in my life! I finally got a system worked out that pays my electricity bill and some fucking noob comes in and destroys it!
This is fucked!

Is this coin still going on?

@

Donate/Merchant buttons now available at http://elacoin.cc/mrh/index.htm!

Do not forget to accept ELC at your website:)

Thanks to cystic850___

What your basically doing is saying hi I stole elacoins idea and am using it for sha-256.
Please come and mine my new coin and dilute participation in elacoin.
emerging technology developer, lol no your just another idiot with another shit coin daydreaming its going to sell!

rack off newbie!

No! Stop using elacoin to prop your new coin! seriously people have no respect for anything anymore.

with algo enhancements - mat5x will tell
what I am working on now is creation of some promo materials, gifs, videos etc for the merchants
games and other services accepting elc are very very welcome!
we need to have wide acceptance of ELC!

please PM me with any non-programming ideas
also we've got some development fund, can pay fair price for anything useful for ELC community

I like the new site looks great and yes very slick.
Keep up the good work guys!
whats your future plans with sweet ela?

1. love the idea
2. check coinchoose:)

Thanks poker, i see you're throwing 68Mh at elacoin! What the deal? you know something we dont?

REWARD = difficulty * 1/[ (#blocks+194400)/194400 ]
Retarget @ 2160 blocks

currently:)

You can see history at http://elacoin.cc or use blockexp

Is there a block reward system that i can see? Im looking at the difficulty chart and its really high in relation to the MH/s?

Has the block reward recently gone down?

Cool you guys picked this coin up, i like the new website its up their with the best coins in that respect.
I think investors are very bearish atm on risky coins and going for more secure assets.
This is only a temp measure i believe, so if the devs and community stay active i think when this is all over elacoin can see new highs.

Waiting to see what the fall out of the malleability situation is, as there's bound to be some code updates on other coins. We're going to refactor all the new fixes that LTC has gathered into the coin, and also possibly do a retarget every block with KGW or whatever (though in my opinion other coins doing that with a FIXED value per coin not based on the difficulty is dumb, it ONLY works if the value follows the difficulty).

Have a few other ideas based on some analyses I've done as well to keep this a fair mined coin for all gpu users.