[ANN] microCoin MRC - alcurEX - Scrypt-Jane - nFactor - page 187.

forgetme

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UP AND RUNNING NOW THE SECOND [MCR] MicroCoin FAUCET!

http://microcoinfaucet.comxa.com/

I'm not from the MRC dev team, so please strongly consider some little donations cause it's all made about faith and support in this coin!

Enjoy and report any error/bug PM to me, thanks!

http://microcoinfaucet.comxa.com/

http://microcoinfaucet.comxa.com/

EDIT: first donation done!

[img=http://s11.postimg.org/ekoe5ri4f/Snap_Crab_No_Name_2014_1_16_18_53_39_No_00.jpg]

svennand

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Quote from: distraido on January 16, 2014, 12:17:43 PM

Nutnut i have a question where did you get the MRC/USD rate.
how do you know the n factor of this coin???
are there many coins using script-jane???

I dont think he knows the MRC/USD. im guessing it just pulls the value of another coin.
look at the earnings. doesnt make sense:)

Do not think he knows the n factor. the pool do not need to know. it gets the diff from the daemon and hashrate value based on shares submitted within timeframe.

Theres a couple scrypt jane coins out there, yacoin,microcoin and so on. im guessing there will be more,
especially when asic-scrypt arrives. it will be line it was when bitcoin was unprofitable and everyone with gpu went scrypt. thinl the same will happen with current gpu scrypt miners.

distraido

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Nutnut i have a question where did you get the MRC/USD rate.
how do you know the n factor of this coin???
are there many coins using script-jane???

Del137

full member

Activity: 434

Merit: 100

keep pushing exchanges! Wink

maybe few small (!) like 50 MRC giveouts would be good to spread some word, and tie to exchanges votes

MCR

sr. member

Activity: 266

Merit: 250

Just so you people know, the OP says that GPU mining will always be more effective than CPU mining. It's just that the gap between them will get a little smaller.
Status update:
microCoin has its first faucet! Link in the OP, 2 other faucets being made right now.
Another dice game, link in the OP.
Big news related to microCoin should be coming around next week! As for now, more bounties and such.
The website should be up in a few days. There's really no problem with it, it's just that my partner who does all technical stuff has been delayed.
Long story short, he'll be back in 1-2 days.

C3ALL

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Activity: 140

Merit: 100

★ BitClave ICO: 08/11/17 ★

Thats a way down the road yet though. People can still mine with GPU until the crossover occurs, and if the coin takes off, its difficulty will be higher when that crossover occurs, so anyone mining with GPU now and holding long term could be rewarded. The server farms and cloud hosing would need to work harder to gain the same value as the "early" (first year or more) mining by GPU miners. Imho this is one of the fairest launches to date, and from my view has long term fair mining value built in.

Del137

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Quote from: halibit on January 16, 2014, 03:52:55 AM

Quote from: Mr.V on January 16, 2014, 03:22:16 AM

honestly I would rather have this be a gpu coin, other wise hackers with bot nets and ppl with access to a lot of servers are going to be getting everything. At least with gpu mining the small rigs can mine still mine. I never really checked on any cpu mining coins. Is there a huge disparity between the big boys and small rigs? or does everyone have about the same hashing power?

I dont know about hybrid coins but all CPU only mined coins are not profitable for small miners.
I think no one dont really know timeline where CPU miners can start profitable mining mincroCoins.

+100500! With CPU mining all coins goes to large admins, servers holders, cloud networks etc...

Mr.V

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yah I hope the devs think about expanding the team. I would join if I could code but eeh cant. Let's recruit lol

svennand

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Activity: 462

Merit: 250

Quote from: Mr.V on January 16, 2014, 03:22:16 AM

honestly I would rather have this be a gpu coin, other wise hackers with bot nets and ppl with access to a lot of servers are going to be getting everything. At least with gpu mining the small rigs can mine still mine. I never really checked on any cpu mining coins. Is there a huge disparity between the big boys and small rigs? or does everyone have about the same hashing power?

Theres an huge difference.
I never touch pure CPU coins for that sole reason, all those freaking botnets are huge and mine the shit of of an CPU coin.
However I'm less worried about this and more worried about seeing progress on the coin itself.

In the end does it really matter if you have one billion or one million of this coin if one coin is worth zero...

halibit

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Quote from: Mr.V on January 16, 2014, 03:22:16 AM

honestly I would rather have this be a gpu coin, other wise hackers with bot nets and ppl with access to a lot of servers are going to be getting everything. At least with gpu mining the small rigs can mine still mine. I never really checked on any cpu mining coins. Is there a huge disparity between the big boys and small rigs? or does everyone have about the same hashing power?

I dont know about hybrid coins but all CPU only mined coins are not profitable for small miners.
I think no one dont really know timeline where CPU miners can start profitable mining mincroCoins.

Mr.V

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honestly I would rather have this be a gpu coin, other wise hackers with bot nets and ppl with access to a lot of servers are going to be getting everything. At least with gpu mining the small rigs can mine still mine. I never really checked on any cpu mining coins. Is there a huge disparity between the big boys and small rigs? or does everyone have about the same hashing power?

halibit

legendary

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Merit: 1006

That's true about nFactor not make more harder to find blocks. All the time there will be block founded every 32 sec.
What nFactor do, it will make CPU mining more profitable and then GPU miners need to share blocks with CPU miners.
So, if we think there is no more CPU miners or GPU miners on the network than now, you will get same amount blocks than you get now.
But I believe we will get more miners. Both one, GPU and CPU.
There is no even any linux miners yet. Or is someone made it already?

r0ach

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I think 280x and 290x both stop working at nfactor 13. Not sure what the nfactor schedule is for MRC. You might wake up and find it's turned to CPU only if you don't mine now.

Mr.V

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well hopefully this coin blows up before the high blocks anyway, I'll mine less but at least we'll have network support

Nanolucas

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Quote from: Mr.V on January 16, 2014, 12:21:47 AM

Quote from: Nanolucas on January 15, 2014, 10:27:47 PM

Quote from: Mr.V on January 15, 2014, 10:19:46 PM

The only issue is that there are only a hand full of us that are really supporting the coin right now and we are the ones that are going to burn a lot of electricity pushing the network to the higher rewards, what is going to suck is that other ppl are just going to wait for the high rewards and then start mining when we hit block 160k. If this is the case then I'd rather have the coin have a fixed reward right now. I'm sure I'm not the only one tht feels this way

Why would people wait for block 160k which is when the rewards start dropping?

If everyone is currently GPU mining and gaining x blocks per y time, then the nFactor makes it harder, everyone would drop by the same amount and should be mining the exact same amount of blocks relative to what they were before the hashpower drop.

Am I misunderstanding this? If hashpower drops across the board, so does difficulty, that's the whole point.

I've been mining blocks with the same frequency today as I was yesterday.

Well I was expecting this coin to blow up by the time we hit the higher blocks lol
but I know what you mean its not like we're mining much less after the drop in hash but what if the drops occur more often and rapidly then our progression through the blocks?

That still won't make any difference because the difficulty will always retarget to match the hashrate so that the target time of 1 block every 32 seconds is always [roughly] met.

The main post doesn't mention how often difficulty retargets, but if it's every block then we certainly would never have to worry and it means we'd reach block 160,000 at the same time regardless of whether there are 5 people mining or 5 million.

Mr.V

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Quote from: Nanolucas on January 15, 2014, 10:27:47 PM

Quote from: Mr.V on January 15, 2014, 10:19:46 PM

The only issue is that there are only a hand full of us that are really supporting the coin right now and we are the ones that are going to burn a lot of electricity pushing the network to the higher rewards, what is going to suck is that other ppl are just going to wait for the high rewards and then start mining when we hit block 160k. If this is the case then I'd rather have the coin have a fixed reward right now. I'm sure I'm not the only one tht feels this way

Why would people wait for block 160k which is when the rewards start dropping?

If everyone is currently GPU mining and gaining x blocks per y time, then the nFactor makes it harder, everyone would drop by the same amount and should be mining the exact same amount of blocks relative to what they were before the hashpower drop.

Am I misunderstanding this? If hashpower drops across the board, so does difficulty, that's the whole point.

I've been mining blocks with the same frequency today as I was yesterday.

Well I was expecting this coin to blow up by the time we hit the higher blocks lol
but I know what you mean its not like we're mining much less after the drop in hash but what if the drops occur more often and rapidly then our progression through the blocks?

Del137

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So, isnt that was idea about fair mining rewards. Same average amount per day during all the time, yes?

UPD according my 2 days calulations reward after second downgrading Nfactor lowers on 30% also..

Nanolucas

newbie

Activity: 56

Merit: 0

Quote from: Mr.V on January 15, 2014, 10:19:46 PM

The only issue is that there are only a hand full of us that are really supporting the coin right now and we are the ones that are going to burn a lot of electricity pushing the network to the higher rewards, what is going to suck is that other ppl are just going to wait for the high rewards and then start mining when we hit block 160k. If this is the case then I'd rather have the coin have a fixed reward right now. I'm sure I'm not the only one tht feels this way

Why would people wait for block 160k which is when the rewards start dropping?

If everyone is currently GPU mining and gaining x blocks per y time, then the nFactor makes it harder, everyone would drop by the same amount and should be mining the exact same amount of blocks relative to what they were before the hashpower drop.

Am I misunderstanding this? If hashpower drops across the board, so does difficulty, that's the whole point.

I've been mining blocks with the same frequency today as I was yesterday.

Mr.V

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Activity: 182

Merit: 100

Quote from: Nanolucas on January 15, 2014, 10:10:43 PM

Works fine for me on Win 7 64 bit.

Also I don't think there'd be any way to change the difficulty/rewards/nfactoring without forking it.

Is it really such a big issue? It was outlined from the start how it would ramp up over 1-2 weeks.

The only issue is that there are only a hand full of us that are really supporting the coin right now and we are the ones that are going to burn a lot of electricity pushing the network to the higher rewards, what is going to suck is that other ppl are just going to wait for the high rewards and then start mining when we hit block 160k. If this is the case then I'd rather have the coin have a fixed reward right now. I'm sure I'm not the only one tht feels this way

Nanolucas

newbie

Activity: 56

Merit: 0

Works fine for me on Win 7 64 bit.

Also I don't think there'd be any way to change the difficulty/rewards/nfactoring without forking it.

Is it really such a big issue? It was outlined from the start how it would ramp up over 1-2 weeks.

Topic: [ANN] microCoin MRC - alcurEX - Scrypt-Jane - nFactor - page 187. (Read 374705 times)