Topic: [ANN] Memorycoin ★ Modern CPU PoW ★ COMPLETELY GPU/ASIC FREE ★ NO Free PoS - page 12. (Read 39276 times)

DEAD!

Q. How do you define worth of a cryptocurrency ? 
A. Is this coin still worth mining?

An open ended question !!  And also a very good one.

The answer depends on what you hope to derive from 'mining' a coin.

If your objective is to mine this coin because you feel it has quality code and features , is well maintained by experienced developers and is also not just a copy/paste of something else I would say absolutly it is.

If you believe it is going to be a long term player in the alt coin world and want to stock up now it would be also.

If you are only looking for something to mine to 'exchange' into bitcoin or mine to earn 'money' then the answer depends on what mining hardware you have available to you and how much money you are willing to spend on electricity and other resources to possibly mine at a loss for hope of future financial gain. 

The worth (or value) of anything means different things to different people. 

Some say something is only worth what price an arms length transaction will fetch you if you sold the item in question.

Others place 'worth' above this and may have personal or sentimental reasons that something is 'worth' something to them but may be considered of no worth to others.

So: How do you define worth of a cryptocurrency ? 


For a majority of the visitors of this forum the answer to that question is what the current 'exchange' rate of the cryptocurrency is to traditional currencies like the dollar, yen, pound, eruo ect......   

I do not mine this coin often since I lack the best mining gear for it but I do mine it.

I do not classify myself in what I describe as my opinion of the 'majority' of visitors to this forum.

 

Is this coin still worth mining?

I think I have everything set up okay but I'm not sure  My miner says that all of my shares are being rejected, constantly disconnects from the pool, and keeps saying that it requested a work restart. Anybody else have thing annoying issue? And which pool are you guys on? Half the ones from their forums are down now, or are having issues

I finally had time to compile your qt wallet for windows, seems flawless on windows 8.1 although i used qt 4.8.5 where you used a newer version in your build. I will re download the blockchain over the weekend and check it out further. 

What does your debug.log file say? do you have any connections to the network?
Are you running MAC?

Cannot sync the wallet ? Stuck on block 86604 

Im official resigning of the position of Chief Supporting Officer.

I wish good luck to the rest of the team and good life to Memorycoin.

Best regards,
kanes

sorry, our lead developer couldn't release a proper working wallet. he's working on it now.
if he wouldn't succeed, he'll be replaced, surely. i'm very disappointed by that, too.

19 hours no block found ?

New update in our code, with a hardfork in a few hours. Please update your wallet to the last version. www.memorycoin.org

Who owns nodes or p2pool please update the code from Github. Thanks

Latest updates:
Coinmarketcap's coin supply is now in sync with the wallet and blockchain explorers: http://coinmarketcap.com/currencies/memorycoin/#charts
Coin sending false error message is fixed. You need to update to the latest version v3.010.101 while creating a new wallet.dat and since it's a hard-fork, you will need to re-sync from the start. You can download it from http://www.memorycoin.org
Difficulty re-targeting is corrected. You can check it from: https://www.blockexperts.com/mmc

Next:
Increase the volume in current exchanges, pushing price to CPU profitable levels and applying for new exchanges, once more. I'm considering applying for C-Cex, Bleutrade and Bittrex, at first.
There may be some changes in the development team, new additions and change of positions.
Miner promotions at Coaex.com after the holiday season to increase hashrate.

added some liquidity to the markets - bter and poloniex. the spread is low, which is great, imho.

Already working. Please update your wallet.

Your new block explorer not working more.

Thanks, kanes. We will announce the details in early 2015, after the holiday season.

New promotion from Coaex Gold & Silver

"Generous Memorycoin promotion at Coaex Precious Metals for miners, exclusively. For those who mine Memorycoin will get upto 20% discounts!"


https://twitter.com/coaex/status/546763825161469952

Like have been told before, hope you guys enjoy our new block explorer:

http://www.blockexperts.com/mmc

Thanks for posting it Coaex.

Development in the coin is doing fine.


Dev chat is ongoing, frequent, and contact occurring on a bi-daily basis despite timezone differences.

I'm assuming the CTO, CNO, and CHA positions until more candidates come up.