Topic: [ANN] Guncoin(GUN) - New GUN Core V2.0 Released - Masternodes are HERE! - page 87. (Read 187710 times)
October 28, 2014, 09:36:23 AM
Ok. I haven't found a block solo. Will keep this running overnight, but just in case, what are all the GUN pools available?
October 28, 2014, 09:16:44 AM
HEY!!
The Blocks Factory payouts is screwed up.
My payout never appeared in my wallet. I checked and the transaction ID is 0, and it links to the IPC block explorer.
The Blocks Factory payouts is screwed up.
My payout never appeared in my wallet. I checked and the transaction ID is 0, and it links to the IPC block explorer.
You have the right address - both IPC and GUN wallets start with a "G" I notice.
Oh, darn, I did a rookie move??!?!??
Not!!!
Yes, I created a new address in the GUN wallet, and copy/pasted it straight into the profile page for the GUN pool.
Set the auto payout and see for yourself.
Just a thought - I will check with the pool operator to see what gives......
October 28, 2014, 09:15:48 AM
So how does asics, which lower the value of this coin, and take the mining ability away from the community that would use the coin, make the coin more secure?
Well, mathematically, you need hashrate for depth and power of security. For instance, I could take over your entire coin myself, because it's lacking hashrate. Right now. I could invite some people I know over, and we'd own the coin. Your whole foundation would have to give in to our demands, or start from scratch. Of course I wouldn't, I'm just playing out a hypothetical. The primary reason you haven't seen such an attack is you're low on the radar, which is good.
Having said that, I like your thinking, but from a broad perspective you're not solving the problem. You're wanting to rely on a group of people who, largely, don't trust the internet, much less will get involved in using their personal systems to run software that they don't understand, to burn up their electricity and, in the long run, wear out their systems, to support a transaction system that may or may not take off.
The reason coins lose values with ASIC mining isn't the ASIC, it's the lack of tangible value for the coin. Take a look at NLG, while it was scrypt it had epic tangible value. It was used during the World Cup. It's used to buy food and other goods. They've recently switched some technical details a few times to help manage the growth, and they're still going strong. It's tangible. Yours is also tangible, but not nearly as much, and until you have market share it's only going to weaken.
I think it's good you've taken a proactive measure looking for a longterm solution. I simply disagree with it based on my experience in this industry, analyzing coin ideas, execution, etc. I think, at this point, the most important aspect is getting the transaction system to work flawless from a merchant/user standpoint, setting up all the required endpoints and details, while simultaneously getting stores to accept it. NLG has done a good job. PotCoin had a good start in this as well, getting their own 'ATM' machines, and are deployed in a group of merchant shops.
I say that not knowing what your merchant distribution is, I'm just saying what has to happen within a good timeframe.
I get that you, looking at this strictly as just another crypto, wouldn't have the perspective to understand the dynamics around guncoin, this is why I gave you mine. And I hope you get it.
You shouldn't presume too much. If you knew me, you'd know that I have more perspective than you probably realize. I'm also no stranger to the firearms crowd. Part of why I've been eyeing this from day 1 is because I liked the idea, and the other part is that it's just one of hundreds that I keep an eye on and analyze.
And of course, I wish you the best. You seem to have made a functional switchover which is good. I'm glad this has been a peacable discussion, you have been able to answer the questions amicably and that's very appreciated.
Well, we appreciate your inputs/feedback and have no reason to take shots at you (no pun intended). I understand what you are saying, but think the chance of a takeover was just as likely before with the anti-gun lobby funding an ASIC farm to hijack things. That is another one of the reasons for the change over. The other of course, is getting a lot of smaller miners into to the mining as well - quantity in this case is viewed as better for use to prevent something like that. I am seeing 4-5 miners in one pool right now mining with less than 10KH/s - just a laptop or desktop and getting coins. That would never have happened before. We fully expect our hash rate to slowly rise as we start promoting things. FTC is running at over 20 MH/s in just one pool after they switched last Friday. Again thanks for your suggestions, we will be watching the hashrate moving forward for sure.....
October 28, 2014, 09:10:15 AM
HEY!!
The Blocks Factory payouts is screwed up.
My payout never appeared in my wallet. I checked and the transaction ID is 0, and it links to the IPC block explorer.
The Blocks Factory payouts is screwed up.
My payout never appeared in my wallet. I checked and the transaction ID is 0, and it links to the IPC block explorer.
You have the right address - both IPC and GUN wallets start with a "G" I notice.
Oh, darn, I did a rookie move??!?!??
Not!!!
Yes, I created a new address in the GUN wallet, and copy/pasted it straight into the profile page for the GUN pool.
Set the auto payout and see for yourself.
October 28, 2014, 09:08:26 AM
For anyone wanting to GPU mine Gun now that it has switched over to neoscrypt, here is a writetup for how to get started, with links to everything you need. It is a lot different than mining scrypt with GPU's, so it's worth reading if you want to mine.
https://forum.feathercoin.com/index.php?/topic/7949-the-un-official-how-do-i-mine-neoscrypt-with-cgminer-377b-and-an-ati-gpu-thread/
https://forum.feathercoin.com/index.php?/topic/7949-the-un-official-how-do-i-mine-neoscrypt-with-cgminer-377b-and-an-ati-gpu-thread/
I can vouch that this does work. I have one machine with three R9-280x running just fine and another standalone 270x by itself.
October 28, 2014, 09:06:29 AM
HEY!!
The Blocks Factory payouts is screwed up.
My payout never appeared in my wallet. I checked and the transaction ID is 0, and it links to the IPC block explorer.
The Blocks Factory payouts is screwed up.
My payout never appeared in my wallet. I checked and the transaction ID is 0, and it links to the IPC block explorer.
You have the right address - both IPC and GUN wallets start with a "G" I notice.
October 28, 2014, 08:35:48 AM
HEY!!
The Blocks Factory payouts is screwed up.
My payout never appeared in my wallet. I checked and the transaction ID is 0, and it links to the IPC block explorer.
The Blocks Factory payouts is screwed up.
My payout never appeared in my wallet. I checked and the transaction ID is 0, and it links to the IPC block explorer.
October 28, 2014, 07:42:16 AM
For anyone wanting to GPU mine Gun now that it has switched over to neoscrypt, here is a writetup for how to get started, with links to everything you need. It is a lot different than mining scrypt with GPU's, so it's worth reading if you want to mine.
https://forum.feathercoin.com/index.php?/topic/7949-the-un-official-how-do-i-mine-neoscrypt-with-cgminer-377b-and-an-ati-gpu-thread/
https://forum.feathercoin.com/index.php?/topic/7949-the-un-official-how-do-i-mine-neoscrypt-with-cgminer-377b-and-an-ati-gpu-thread/
October 28, 2014, 07:40:17 AM
So how does asics, which lower the value of this coin, and take the mining ability away from the community that would use the coin, make the coin more secure?
Well, mathematically, you need hashrate for depth and power of security. For instance, I could take over your entire coin myself, because it's lacking hashrate. Right now. I could invite some people I know over, and we'd own the coin. Your whole foundation would have to give in to our demands, or start from scratch. Of course I wouldn't, I'm just playing out a hypothetical. The primary reason you haven't seen such an attack is you're low on the radar, which is good.
Having said that, I like your thinking, but from a broad perspective you're not solving the problem. You're wanting to rely on a group of people who, largely, don't trust the internet, much less will get involved in using their personal systems to run software that they don't understand, to burn up their electricity and, in the long run, wear out their systems, to support a transaction system that may or may not take off.
The reason coins lose values with ASIC mining isn't the ASIC, it's the lack of tangible value for the coin. Take a look at NLG, while it was scrypt it had epic tangible value. It was used during the World Cup. It's used to buy food and other goods. They've recently switched some technical details a few times to help manage the growth, and they're still going strong. It's tangible. Yours is also tangible, but not nearly as much, and until you have market share it's only going to weaken.
I think it's good you've taken a proactive measure looking for a longterm solution. I simply disagree with it based on my experience in this industry, analyzing coin ideas, execution, etc. I think, at this point, the most important aspect is getting the transaction system to work flawless from a merchant/user standpoint, setting up all the required endpoints and details, while simultaneously getting stores to accept it. NLG has done a good job. PotCoin had a good start in this as well, getting their own 'ATM' machines, and are deployed in a group of merchant shops.
I say that not knowing what your merchant distribution is, I'm just saying what has to happen within a good timeframe.
I get that you, looking at this strictly as just another crypto, wouldn't have the perspective to understand the dynamics around guncoin, this is why I gave you mine. And I hope you get it.
You shouldn't presume too much. If you knew me, you'd know that I have more perspective than you probably realize. I'm also no stranger to the firearms crowd. Part of why I've been eyeing this from day 1 is because I liked the idea, and the other part is that it's just one of hundreds that I keep an eye on and analyze.
And of course, I wish you the best. You seem to have made a functional switchover which is good. I'm glad this has been a peacable discussion, you have been able to answer the questions amicably and that's very appreciated.
October 28, 2014, 07:29:55 AM
YAY!!! First confirms are coming through from the switchover..
October 28, 2014, 07:24:57 AM
Yes, theblocksfactory.com seems to be running fine and finding blocks. Has 3 miners in it.....
October 28, 2014, 07:12:26 AM
That's a hangover.. Hashrate is currently under 1 mh/s.
I've been watching since the switch, and can account for every block between my solo mining and the pool that's the only pool mining right now. Lifeforce has a stratum issue, and had to shut down the Gun pool until they can get the software upgrade.
I've been watching since the switch, and can account for every block between my solo mining and the pool that's the only pool mining right now. Lifeforce has a stratum issue, and had to shut down the Gun pool until they can get the software upgrade.
October 28, 2014, 06:56:34 AM
Well, it took a little while for the difficulty to stabilize, but the change was a success!!
Yes, we are well past the changeover and all is working fine - look at the hash rate - that is huge for a Neoscrypt coin....
October 28, 2014, 06:02:50 AM
Well, it took a little while for the difficulty to stabilize, but the change was a success!!
October 28, 2014, 02:12:07 AM
About 20 minutes...
October 27, 2014, 11:25:54 PM
I'm going to be CPU-mining this solo for awhile. Maybe I'll get a block or two.
Give one of the pools a shot - get something on every block then.
There is another meaning of selfish mining. I get all 200 GUN per block I solo mine. If I go on a pool, I get 1 GUN per block because there are 200 of us in the pool.
Fully understand......good luck!
October 27, 2014, 11:13:58 PM
I'm going to be CPU-mining this solo for awhile. Maybe I'll get a block or two.
Give one of the pools a shot - get something on every block then.
There is another meaning of selfish mining. I get all 200 GUN per block I solo mine. If I go on a pool, I get 1 GUN per block because there are 200 of us in the pool.
October 27, 2014, 10:26:25 PM
I'm going to be CPU-mining this solo for awhile. Maybe I'll get a block or two.
Give one of the pools a shot - get something on every block then.
October 27, 2014, 09:39:06 PM
I'm going to be CPU-mining this solo for awhile. Maybe I'll get a block or two.
October 27, 2014, 07:41:01 PM
Well that's sortof my point. Why should an FFL or even a gun owner care about mining? Let the general network do that. For folks looking to use it as a transactional system, they just need to purchase coin. If you're trying to wholly shift away from exchanges at large, to the point where users/FFL's can "mine" their own transactions, then create a true closed-coin system where the FFL's are the exchanges, as has been done in other coins.
Guncoin is still relatively small, it wouldn't take much hardware to take over the chain on a new algo. That's the primary strength of using readily-available/cheap equipment to mine with such as ASIC, it provides security. Few transactional coins survive a major algo switch away from ASIC, and of those, they've almost all died out, leaving just a few to hold the fort.
Like I said, creative response and I like where your thinking is, but I just don't see the value of it unless you go completely closed with the coin. And I do hope to see things take off, I'm just making an observation.
For anyone curious, I have 0 GUN and no stake in the game.
Guncoin is still relatively small, it wouldn't take much hardware to take over the chain on a new algo. That's the primary strength of using readily-available/cheap equipment to mine with such as ASIC, it provides security. Few transactional coins survive a major algo switch away from ASIC, and of those, they've almost all died out, leaving just a few to hold the fort.
Like I said, creative response and I like where your thinking is, but I just don't see the value of it unless you go completely closed with the coin. And I do hope to see things take off, I'm just making an observation.
For anyone curious, I have 0 GUN and no stake in the game.
Being a fan of firearms, let me give you the firearms owner perspective.
There is an issue right now, and it is getting worse on a regular basis, with financial institutions and firearms related products. Right now paypal will not perform transactions for firearms related products, neither will JPMorgan Chase (visa) and others are joining or have already. That leaves a very short list of options for transferring currency, and they run up to a 30% fee for these services. Yes, bitcoin is an alternative, but with all the scrutiny and scams going on related to bitcoin, it scares a lot of people away. This leaves guncoin as a viable option, once it is adopted.
Now, seeing as people buying and selling those products already need to be resourceful, and a great number of them are also computer literate (take a look at the gun forums, they have tens of thousands of members), giving them the opportunity to create their own coin, gives them a stake in the game. But it lets them do it with their own computers, instead of them having to buy an asic that's just gonna sit in the closet making noise. Hell, it can give them an excuse to upgrade the computer, now they can play better shoot-em-up games when they are not mining.
Being a miner, let me give you my miner's perspective.
Scrypt for small hashrate coins isn't a very good thing. The hashrate for asics is growing exponentially. For miners with big hashrate looking for profit, they can simply find a small coin, dominate the hashrate, and then dump the coins on the market with no regard for the purpose of the coin. Mine it, dump it, and move on to the next most profitable coin. Having mined this coin since the beginning, I've watched the hashrate, and the results.
Every time a new batch of higher powered boxes come out, the mine and dump follows, pushing the coin value down. Making my mining worth less.
So how does asics, which lower the value of this coin, and take the mining ability away from the community that would use the coin, make the coin more secure?
I get that you, looking at this strictly as just another crypto, wouldn't have the perspective to understand the dynamics around guncoin, this is why I gave you mine. And I hope you get it.
That covers it from two perspectives that I think many gun enthusiasts, newbies, and active miners can understand.....Well said!
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