[ANN] Futurecoin|Groestl-Skein-SHA256|Crypto Vesting|Launch Thread|REQUIRED CLIENT UPDATE! - page 13.

Hodor_keeper_of_the_light

full member

Activity: 196

Merit: 100

Quote from: thefuturecoin on May 04, 2014, 09:52:17 AM

Quote from: Cryptoinn on May 04, 2014, 08:25:30 AM

Hello Devs, any news around?

We are working on resolving issues with unexpected faster maturing blocks and phase 1 IPO investors.

I have nothing to do with this and have never developed a coin, but check this - maybe it's somehow related with x5 block reward, maybe some of your parametrs are higher than you think. Like some variable making reward and maturing 5 times faster or I don't know.

thefuturecoin

member

Activity: 112

Merit: 10

Quote from: Cryptoinn on May 04, 2014, 08:25:30 AM

Hello Devs, any news around?

We are working on resolving issues with unexpected faster maturing blocks and phase 1 IPO investors. Furthermore, we have begun using IPO proceedings (that which has been released to us), to setup buy floors on coinano.

Cryptoinn

full member

Activity: 190

Merit: 100

Hello Devs, any news around?

couta

newbie

Activity: 2

Merit: 0

Quote from: tajnost on May 03, 2014, 09:38:37 PM

Quote from: Jeangrey on May 03, 2014, 08:46:53 PM

Quote from: tajnost on May 03, 2014, 08:41:20 PM

omg have been mining at http://fc.pool.mn since launch .. how is it possible this pool to find no blocks yet??? >_<

Current Total Miners 0

i see that except im still mining at this pool --when i click my workers it's definatley active! so where the fk are my shares going?... this pool was huge on release and to find not a single block i think very strange Angry

it doesnt look like any mining going on to me. no hash rate

unhooked

full member

Activity: 182

Merit: 100

We need p2p pools for this coin.

tajnost

newbie

Activity: 25

Merit: 0

Quote from: Jeangrey on May 03, 2014, 08:46:53 PM

Quote from: tajnost on May 03, 2014, 08:41:20 PM

omg have been mining at http://fc.pool.mn since launch .. how is it possible this pool to find no blocks yet??? >_<

Current Total Miners 0

i see that except im still mining at this pool --when i click my workers it's definatley active! so where the fk are my shares going?... this pool was huge on release and to find not a single block i think very strange Angry

dzarmush

legendary

Activity: 1806

Merit: 1001

Quote from: ?? on ??

Article about Future Coin, by the Cryptocurrency Times: http://www.usacryptocoins.com/thecryptocurrencytimes/uncategorized/future-coin-a-new-cryptocurrency-with-the-longest-block-maturity-time/

There are few mistakes. 1000 Futurecoin is the equivalent of 1 kFC and there will be 100'000'000 kFC total which is 100 billion coins.

This IPO is of an unknown size, which is a red flag - Not true.

A major problem with the IPO is investors won’t be receiving Future Coins for 2 weeks after launch, which leaves plenty of time for the developer to disappear - Wat?

First of all coins are held by escrow. Second, it's not the real world, it's Internet. People don't need time to disapper coz they don't have to fly overseas.

dzarmush

legendary

Activity: 1806

Merit: 1001

Quote from: Cryptoinn on May 03, 2014, 06:54:44 PM

I know some very nice and stable coins with IPO, like UTC for example.

Anyway, 13 days left Roll Eyes

I simply see no logic in his words. Why would someone jump to another new coin from more or less established current just because that new coin had no IPO o_O Especially if current coin already sold on exchanges and brings profit. Who knows what will happen with a new one. But let's assume lots of people moved to a new coin. Then difficulty would drop and current coin becomes more profitable for those who stayed. And why would miners prefer no IPO coin in the first place...

eXo coin has 50% IPO and I'm sure lots and lots of people will mine it anyway. The guy clearly has some personal problems with IPOs and tries to expand them on others. Or maybe he just mines some rival coin.

Jeangrey

newbie

Activity: 16

Merit: 0

Quote from: tajnost on May 03, 2014, 08:41:20 PM

omg have been mining at http://fc.pool.mn since launch .. how is it possible this pool to find no blocks yet??? >_<

Current Total Miners 0

tajnost

newbie

Activity: 25

Merit: 0

omg have been mining at http://fc.pool.mn since launch .. how is it possible this pool to find no blocks yet??? >_<

Cryptoinn

full member

Activity: 190

Merit: 100

I know some very nice and stable coins with IPO, like UTC for example.

Anyway, 13 days left Roll Eyes

dzarmush

legendary

Activity: 1806

Merit: 1001

Quote from: fartbags on May 03, 2014, 05:25:53 PM

Quote from: dzarmush on May 03, 2014, 04:31:35 PM

Quote from: fartbags on May 03, 2014, 04:14:22 PM

Quote from: jc12345 on May 03, 2014, 02:46:26 PM

Quote from: Cryptoinn on May 03, 2014, 01:22:05 PM

And still noone care about your losed night of mining. Coins designed for a years.
If you so good, feel free to mine another 69000 today or whatever.

I did not say you should care. I am just saying the launch was flawed. My asic miners are still on Futurecoin, but I will take them off in the morning back to BTC because it is not worth it to leave them on this coin with such a high difficulty and small coin return/effort. I will rather if I decide so buy a ton of them with the BTC mined when the IPO dump their millions. It is much easier that way than putting my precious asics on this any further.

I mined almost a day now with 2THs on SHA256 and amassed a whopping 9000 at a difficulty in excess of 2million. If I spent the day mining BTC I could have gotten 0.14 or so BTC. Lets say this coin launches at 100 sats per kFC I could buy 140,000 kFC. Even if it is 1000 sats I can buy 14,000 which is more than the 9000 kFC I can mine a day. I dont know why the diff has to be so high at the network hash rate it is at. It doesnt make sense.

Yeah the IPO coins are going to sell for cheap because no one likes IPOs. This coin is doomed to fail because it did an IPO.

Bullshit. Everybody likes IPOs. I love IPOs. I suppose I'm the largest investor in Futurecoin and I'm not going to sell a single coin through exchange before miners set a price. I respect people's work and the fact that they use their powerful rigs and asics to get the coin and I believe only miners can set the price — profitable enough to mine the coin, but not too expensive to be able to sell it.

Any coin that has an IPO/premine sucks. Why do they suck you ask? Because someone could clone this coin tomorrow and release it without the IPO/premine. All the miners would leave this coin for that new coin.

Any proofs? Or just rich imagination?

Gamer67

sr. member

Activity: 294

Merit: 250

тσ ¢σιи σя иσт тσ ¢σιи?

Yes the start was a bit shaky but what coin start isn't. All in all I have been mining since the start and I am happy with the results so far.

So it is not all butt hurt news. There are some who are happy with everything so far. Wink

ocminer

legendary

Activity: 2688

Merit: 1240

Quote from: ocminer on May 03, 2014, 05:43:47 AM

Quote from: ocminer on May 03, 2014, 03:38:40 AM

Quote from: ?? on ??

Quote from: lin0sspice on May 03, 2014, 12:52:04 AM

Quote from: ocminer on May 02, 2014, 09:08:34 PM

Quote from: AizenSou on May 02, 2014, 09:05:16 PM

Quote from: ocminer on May 02, 2014, 08:54:26 PM

Quote from: ocminer on May 02, 2014, 07:07:55 PM

OK Sha256d ALSO ready:

https://kfcsha.suprnova.cc

Skein:

https://kfcskein.suprnova.cc

Groestl:

https://kfcgrs.suprnova.cc

Have fun !

I have updated all the pools to the latest wallet with the hardfork at block 10.000 !

ocminer your skein pool stat looks a little wrong to me? Thanks

Yup, i will fix that soon, need some testing before, but dont worry, they are Displayed too low for all currently so You dont Miss anything

The hashrate is lower than my miners should be.
Anything wrong ?

+1

Working on that, it is reported too low for everbody currently, so You dont Miss anything, dont worry.
Will be fixed soon.

I've fixed the displayed hashrate now, but it'll take a few hours (few blocks) until the old stats are purged and the new get active. So approx. in 2-3 hours your real speed should be displayed.

Again, there were too slow for all miners, so no, you did not lost anything, you've got paid the same part as now with higher displayed speed.

I'm a bit disappointed that so few miners are mining this coin.. I have barely 200 miners all over my pools (and they are dropping continously..).. Probably the long confirmations are wrong way, this coin was probably released before time/miners was/were ready for such a thing...

As I'm getting more and more mails and PM's concerning the payouts:

The pools pay out as soon as the coins mature - automatically - the "problem" is, this coin is designed that blocks mature after approx 14 days - so - yes - you have to wait about 14 days until your payouts are processed, this is no pool problem, its by design from the coin, guys !

fartbags

legendary

Activity: 1190

Merit: 1004

Quote from: dzarmush on May 03, 2014, 04:31:35 PM

Quote from: fartbags on May 03, 2014, 04:14:22 PM

Quote from: jc12345 on May 03, 2014, 02:46:26 PM

Quote from: Cryptoinn on May 03, 2014, 01:22:05 PM

And still noone care about your losed night of mining. Coins designed for a years.
If you so good, feel free to mine another 69000 today or whatever.

I did not say you should care. I am just saying the launch was flawed. My asic miners are still on Futurecoin, but I will take them off in the morning back to BTC because it is not worth it to leave them on this coin with such a high difficulty and small coin return/effort. I will rather if I decide so buy a ton of them with the BTC mined when the IPO dump their millions. It is much easier that way than putting my precious asics on this any further.

I mined almost a day now with 2THs on SHA256 and amassed a whopping 9000 at a difficulty in excess of 2million. If I spent the day mining BTC I could have gotten 0.14 or so BTC. Lets say this coin launches at 100 sats per kFC I could buy 140,000 kFC. Even if it is 1000 sats I can buy 14,000 which is more than the 9000 kFC I can mine a day. I dont know why the diff has to be so high at the network hash rate it is at. It doesnt make sense.

Yeah the IPO coins are going to sell for cheap because no one likes IPOs. This coin is doomed to fail because it did an IPO.

Bullshit. Everybody likes IPOs. I love IPOs. I suppose I'm the largest investor in Futurecoin and I'm not going to sell a single coin through exchange before miners set a price. I respect people's work and the fact that they use their powerful rigs and asics to get the coin and I believe only miners can set the price — profitable enough to mine the coin, but not too expensive to be able to sell it.

Any coin that has an IPO/premine sucks. Why do they suck you ask? Because someone could clone this coin tomorrow and release it without the IPO/premine. All the miners would leave this coin for that new coin. Even the miners who got lucky and mined big wallets would leave this coin for the next one without the IPO/premine so that they could try to get a big bag of that new coin.

Moral of the story: IPO/premined coins are all doomed to fail (Some people will probably make money off this coin because cryptocoins are "hot" but it won't be much and most people won't make anything off this coin). Cryptocoins aren't about getting rich. This is about the world developing the best open source technology ever created. IPOs/premines try to turn this lovely thing into something a company can control. IPOs are a stupid joke in the small but growing cryptocoin community.

dzarmush

legendary

Activity: 1806

Merit: 1001

Quote from: fartbags on May 03, 2014, 04:14:22 PM

Quote from: jc12345 on May 03, 2014, 02:46:26 PM

Quote from: Cryptoinn on May 03, 2014, 01:22:05 PM

And still noone care about your losed night of mining. Coins designed for a years.
If you so good, feel free to mine another 69000 today or whatever.

I did not say you should care. I am just saying the launch was flawed. My asic miners are still on Futurecoin, but I will take them off in the morning back to BTC because it is not worth it to leave them on this coin with such a high difficulty and small coin return/effort. I will rather if I decide so buy a ton of them with the BTC mined when the IPO dump their millions. It is much easier that way than putting my precious asics on this any further.

I mined almost a day now with 2THs on SHA256 and amassed a whopping 9000 at a difficulty in excess of 2million. If I spent the day mining BTC I could have gotten 0.14 or so BTC. Lets say this coin launches at 100 sats per kFC I could buy 140,000 kFC. Even if it is 1000 sats I can buy 14,000 which is more than the 9000 kFC I can mine a day. I dont know why the diff has to be so high at the network hash rate it is at. It doesnt make sense.

Yeah the IPO coins are going to sell for cheap because no one likes IPOs. This coin is doomed to fail because it did an IPO.

Bullshit. Everybody likes IPOs. I love IPOs. I suppose I'm the largest investor in Futurecoin and I'm not going to sell a single coin through exchange before miners set a price. I respect people's work and the fact that they use their powerful rigs and asics to get the coin and I believe only miners can set the price — profitable enough to mine the coin, but not too expensive to be able to sell it.

fartbags

legendary

Activity: 1190

Merit: 1004

Quote from: jc12345 on May 03, 2014, 02:46:26 PM

Quote from: Cryptoinn on May 03, 2014, 01:22:05 PM

And still noone care about your losed night of mining. Coins designed for a years.
If you so good, feel free to mine another 69000 today or whatever.

I did not say you should care. I am just saying the launch was flawed. My asic miners are still on Futurecoin, but I will take them off in the morning back to BTC because it is not worth it to leave them on this coin with such a high difficulty and small coin return/effort. I will rather if I decide so buy a ton of them with the BTC mined when the IPO dump their millions. It is much easier that way than putting my precious asics on this any further.

I mined almost a day now with 2THs on SHA256 and amassed a whopping 9000 at a difficulty in excess of 2million. If I spent the day mining BTC I could have gotten 0.14 or so BTC. Lets say this coin launches at 100 sats per kFC I could buy 140,000 kFC. Even if it is 1000 sats I can buy 14,000 which is more than the 9000 kFC I can mine a day. I dont know why the diff has to be so high at the network hash rate it is at. It doesnt make sense.

Yeah the IPO coins are going to sell for cheap because no one likes IPOs. This coin is doomed to fail because it did an IPO.

jc12345

legendary

Activity: 1638

Merit: 1013

Quote from: flubber on May 03, 2014, 01:13:38 PM

Wait here one moment, you went to bed and saw ALL the upset people on IRC, ohh you dreamt about them, well anyway I was on IRC and it was 1 max 2 people that wanted a relaunh becouse they solo on wrong fork, we were mybe 30 people that thought all was fine becouse it was so small issues... sorry that you lost your coins but you will hit some other coin next time (if your lucky you will instamine that), thx goodbye

I was on IRC for the first 45min or so reading all the complaints.

jc12345

legendary

Activity: 1638

Merit: 1013

Quote from: Cryptoinn on May 03, 2014, 01:22:05 PM

And still noone care about your losed night of mining. Coins designed for a years.
If you so good, feel free to mine another 69000 today or whatever.

I did not say you should care. I am just saying the launch was flawed. My asic miners are still on Futurecoin, but I will take them off in the morning back to BTC because it is not worth it to leave them on this coin with such a high difficulty and small coin return/effort. I will rather if I decide so buy a ton of them with the BTC mined when the IPO dump their millions. It is much easier that way than putting my precious asics on this any further.

I mined almost a day now with 2THs on SHA256 and amassed a whopping 9000 at a difficulty in excess of 2million. If I spent the day mining BTC I could have gotten 0.14 or so BTC. Lets say this coin launches at 100 sats per kFC I could buy 140,000 kFC. Even if it is 1000 sats I can buy 14,000 which is more than the 9000 kFC I can mine a day. I dont know why the diff has to be so high at the network hash rate it is at. It doesnt make sense.

Cryptoinn

full member

Activity: 190

Merit: 100

And still noone care about your losed night of mining. Coins designed for a years.
If you so good, feel free to mine another 69000 today or whatever.

Topic: [ANN] Futurecoin|Groestl-Skein-SHA256|Crypto Vesting|Launch Thread|REQUIRED CLIENT UPDATE! - page 13. (Read 37580 times)