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Topic: [ANN] Greececoin (GRCE) - Mining Pool Needed + Block Explorer, Bounty Available - page 84. (Read 122392 times)

full member
Activity: 182
Merit: 100
Is it ok to set my miners to the pool allready before the coin is launched? Will it start mining automatically on launch?
And which pool would be the biggest/most reliable?

Yes, if you have your miners pointed to the stratum address and port they should start mining as soon as the srartum server is up and running.  Alot of people do this Smiley
newbie
Activity: 7
Merit: 0
All the pools out there for Greececoin are pretty unknown. Whom do you trust to not run away with your coins?

We've got 20 other coins that have trusted us with no problems.

I mined DNotes with them and had no problems. Could it be the fact that that altcoin isn't very known.
full member
Activity: 182
Merit: 100
All the pools out there for Greececoin are pretty unknown. Whom do you trust to not run away with your coins?

We've got 20 other coins that have trusted us with no problems.  We're very active on twitter, the forums, and all donations to charity always have the transaction IDs show for validity.  Hope you too can trust us and sign up for mining for a good cause.  1st 50 miners to sign up and start mining will get 0% Greececoin Pool Fees for life, this does not apply to the 0.75% that goes to charity however.

grce.charityminingpools.com
x01
newbie
Activity: 28
Merit: 0
http://x-pool.org/grce will be ready at launch! We will make sure to be one of the first pools online
full member
Activity: 168
Merit: 100
All the pools out there for Greececoin are pretty unknown. Whom do you trust to not run away with your coins?
full member
Activity: 126
Merit: 100
Wallet will be released one hour before launch (password protected)
Password and source code will be released at launch.
Make sure to refresh the page at launch time!


As long as you make sure the password is incredibly secure. I've seen some pretty dreadful pre-release wallet launches where the wallet got brute-forced before launch.  Cheesy

Do not worry Nullu, i will make this lengthy and very secure. It will be very hard to brute force a password an hour before launch anyway if its long of course Cheesy
hero member
Activity: 532
Merit: 500
Wallet will be released one hour before launch (password protected)
Password and source code will be released at launch.
Make sure to refresh the page at launch time!


As long as you make sure the password is incredibly secure. I've seen some pretty dreadful pre-release wallet launches where the wallet got brute-forced before launch.  Cheesy
full member
Activity: 126
Merit: 100
Wallet will be released one hour before launch (password protected)
Password and source code will be released at launch.
Make sure to refresh the page at launch time!
full member
Activity: 140
Merit: 100
Bored
350 blocks with no reward + KGW at launch means that when the coin will be worth mining the difficulty will be FAR too high for it to be worth mining by anyone but the biggest farms. It completely kills any reason for someone to get on the coin at launch. Early adopters are screwed.

considering 64 blocks have been mined for checkpoints and block maturity its actually 286-blocks.

1 Greececoin is still profitable for early adapters/solo miners.. Just think about a later date when 1 coin is worth $10+.. it's profitable and worth it. 286-Blocks will literally take minutes to break, this coin will be huge at launch and miners wont even feel the reduced rewards. I'll be mining solo and im happy with being rewarded 1 Greececoin, it also gives hype to those who are waiting for the rewards to go to its original demand of 32. Stop whining and get on with it, many coin launches has this implemented and it dont effect it.. it only effects those whales who mine it for the first 10minutes and then dump their profits instantly.. which creates price manipulation which is not needed for any coin.
1. NOBODY will mine and hold. We've got burned FAR TOO MUCH in the latest months to not dump asap.
2. Have you seen Pawncoin? Have you seen ANY of the coin launches in the last months that used the zeroreward x blocks + kgw at launch? Have you seen them having 10GH/s and 200 difficulty before the good reward blocks even hit? How the hell are the small miners going to even get 0.001btc/mh/d in that situation?
full member
Activity: 238
Merit: 100
member
Activity: 98
Merit: 10
Thanks for the info dev.

One more question, how long will it take to get to the 351 block?

The dev has already stated, aswell as my self.

Solo mining will still be profitable, it will take minutes to fly past 350 blocks & then you can be rewarded with the original reward of 32.
newbie
Activity: 51
Merit: 0
Thanks for the info dev.

One more question, how long will it take to get to the 351 block?
member
Activity: 98
Merit: 10
is KGW on from the start? if yes, fail, no solo mining for normal people

Why is it a fail? Do you really want whales to gain mass amount of coins in the first 20minutes of launch? Which will cause price manipulation.. 350blocks reduced rewards is good, it gives people time to download the wallet setup, pool owners to also setup and then everyone can begin mining. 300 or so blocks will not take long to mine.. minutes. Stop moaning, if you dont like it dont mine it. Simple as that.

@Dev goodluck with launch!

whales are gonna get their coins anyway, it's just small solo miners losing out if KGW is on from the start

its only a few blocks which wont take long to wipe out of the way, those small miners must be really lucky to even get a block when this coin is going to be hit to death with GH's. Which in a way this benefits the small miners so they can get a chance to wait for an active pool to come online so they can mine there and be rewarded by those with higher Hashrate than themselfs.
sr. member
Activity: 266
Merit: 250
is KGW on from the start? if yes, fail, no solo mining for normal people

Why is it a fail? Do you really want whales to gain mass amount of coins in the first 20minutes of launch? Which will cause price manipulation.. 350blocks reduced rewards is good, it gives people time to download the wallet setup, pool owners to also setup and then everyone can begin mining. 300 or so blocks will not take long to mine.. minutes. Stop moaning, if you dont like it dont mine it. Simple as that.

@Dev goodluck with launch!

whales are gonna get their coins anyway, it's just small solo miners losing out if KGW is on from the start
member
Activity: 98
Merit: 10
350 blocks with no reward + KGW at launch means that when the coin will be worth mining the difficulty will be FAR too high for it to be worth mining by anyone but the biggest farms. It completely kills any reason for someone to get on the coin at launch. Early adopters are screwed.

considering 64 blocks have been mined for checkpoints and block maturity its actually 286-blocks.

1 Greececoin is still profitable for early adapters/solo miners.. Just think about a later date when 1 coin is worth $10+.. it's profitable and worth it. 286-Blocks will literally take minutes to break, this coin will be huge at launch and miners wont even feel the reduced rewards. I'll be mining solo and im happy with being rewarded 1 Greececoin, it also gives hype to those who are waiting for the rewards to go to its original demand of 32. Stop whining and get on with it, many coin launches has this implemented and it dont effect it.. it only effects those whales who mine it for the first 10minutes and then dump their profits instantly.. which creates price manipulation which is not needed for any coin.
full member
Activity: 182
Merit: 100
CharityMiningPools - Donate to Charity while you Mine!

grce.charityminingpools.com - Open for Pre-Registration Now!

Come mine while making a difference.

PROMOTION!
1st 50 miners to signup and mine will get 0% Greececoin Pool Fees for life. (This does not apply to the 0.75% Mandatory donations to charity)

Mandatory 0.75% donation fee goes to The BitGive Foundation this month.  We welcome and encourage you to donate more to a good cause.  We raised over $50 last month and are over $100 already for the month of March.

SSL, STRATUM, VARDIFF, Datacenter Redundant Server Farm, Load Balanced Servers, Frequent Backups
0.75% Mandatory Donation fee to a Good Cause, 0.75% Pool Fees (0% for the 1st 50 Miners to signup and mine), 0% AP TX Fees

Who Are We?
CharityMiningPools was created to allow miners the ability to mine coins while still knowing that their hashing power is going towards something good.  Our goal is to provide a positive and reliable service while delivering a small portion of the proceeds to a deserving recipient.  Plans are in the works to allow individual miners to choose where they would like to donate to based on a pool of available recipients.

How Does This Work?
All coins minded at CharityMiningPools will require a mandatory 0.75% Donation fee.  This donation fee will be collected and donated to the designated charitable recipient for that given month.  Though we only require a minimum 0.75% Donation fee, we welcome and encourage our miners to raise the stakes and donate more to a good cause.

Cheers!
CharityMiningPools
full member
Activity: 140
Merit: 100
Bored
350 blocks with no reward + KGW at launch means that when the coin will be worth mining the difficulty will be FAR too high for it to be worth mining by anyone but the biggest farms. It completely kills any reason for someone to get on the coin at launch. Early adopters are screwed.
full member
Activity: 126
Merit: 100
How low is the initial block rewarD?

350 Blocks will be reduced rewards, 64 blocks have been mined for checkpoints and block maturity (the block maturity was initially 60).. during this process, the rewards were reduced to minimum payout.

The reward will be (1) Greececoin per block until it reaches 351 blocks and then it will go back to its original standing of 32 coins per block.

This process will stop whales from swarming all of the coins within the first 20minutes or less depending on the net hash rate, this will also provide efficient time for pool operators and miners to setup and not miss out.

Solo mining will still be profitable, it will take minutes to fly past 350 blocks & then you can be rewarded with the original reward of 32.

Not long until launch, the amount of interest this coin has gotten within the last 24hours is insane! Great support, keep it up people!
sr. member
Activity: 322
Merit: 250
ppl are so negative now in days, all the do is complain about every alt coin when this shit is free, i bet if the government makes mining cryptos or any virtual coin illegal or tax people for mining then most of them would shut up and suck it up!!! .
newbie
Activity: 51
Merit: 0
How low is the initial block rewarD?
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