Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 248. (Read 901870 times)

Quote from: HKBvM on July 12, 2014, 10:50:17 AM

Confidence is waning and the dump continues Angry

With blocks getting stuck repeatedly and no firm news on POS testing/implementation it's no surprise really.

Hashrate has fallen again, we're nearly down to 3GH so I don't think we'll see much price movement either way.

Hopefully we'll get an update this weekend.

If we can maintain 3GHz when we start PoS mining we should see some very nice buy support. Might I propose that one thing we can focus on as a community, once the PoS pool is up and running, is to try and get as many miners together as possible to mine at the multipool? BK apparently has been talking with the owner of an ASICs farm about renting miners specifically for the multipool. If every non-miner with some spare change could rent a miner for a couple of days and mine at the multipool we'd enter the PoS stage with a bang and attract a lot of attention, while at the same time help raise the price and (hopefully!) make some coins in the process.

Just sold my rig but I might buy a gridseed or two for the pool if you think it's worth it, if not I'll chip in for a rental. We might do well to focus on a few of the most potential coins to begin with instead of jumping on dying coins when they drop the diff. What's most profitable for an auto-sell won't come close to picking the right coin and strategically selling. Some community input about what we mine could be a part of the strategy.

I think involving the community in what coins to mine is a very, very interesting idea! Does anyone know who'll be running the pool? I've forgotten the URL, but there's one that already has a website up that says it will launch this month. Maybe we could contact them and bounce some ideas off of them?

If we know what to expect we can start promotion, if they haven't got specific plans we might have some input. Either way it's worth getting hold of them.

Doging

hero member

Activity: 1036

Merit: 500

Confidence is waning and the dump continues Angry

With blocks getting stuck repeatedly and no firm news on POS testing/implementation it's no surprise really.

Hashrate has fallen again, we're nearly down to 3GH so I don't think we'll see much price movement either way.

Hopefully we'll get an update this weekend.

If we can maintain 3GHz when we start PoS mining we should see some very nice buy support. Might I propose that one thing we can focus on as a community, once the PoS pool is up and running, is to try and get as many miners together as possible to mine at the multipool? BK apparently has been talking with the owner of an ASICs farm about renting miners specifically for the multipool. If every non-miner with some spare change could rent a miner for a couple of days and mine at the multipool we'd enter the PoS stage with a bang and attract a lot of attention, while at the same time help raise the price and (hopefully!) make some coins in the process.

Just sold my rig but I might buy a gridseed or two for the pool if you think it's worth it, if not I'll chip in for a rental. We might do well to focus on a few of the most potential coins to begin with instead of jumping on dying coins when they drop the diff. What's most profitable for an auto-sell won't come close to picking the right coin and strategically selling. Some community input about what we mine could be a part of the strategy.

I have never mined a coin, i never understood all the hassle with setting up miners and so on, when I can just buy at an exchange. Of course not going to mintpal to buy from the sell orders, but putting in buy orders at the smaller exchanges and buying in the dips. That way I got all of my coins roughly 10% below market price. Electricity is 0.32USD/kwh here, so mining using my own electricity cant be worth it.

I could rent a ? Something ?, but I could also spend this money to just buy directly (and add buy support that way), is a multipool that much better that it is worth the effort?

The return from renting a rig will depend on how it's managed by the pool. I think it's more about giving the pool an initial boost to attract other miners, if the hashrate is low then people might choose to mine elsewhere. It's frustrating mining on a pool with low hashrate as there's no guarantee you'll find enough blocks to cover the cost of electricity on some coins.

BTCrawl

full member

Activity: 154

Merit: 100

Confidence is waning and the dump continues Angry

With blocks getting stuck repeatedly and no firm news on POS testing/implementation it's no surprise really.

Hashrate has fallen again, we're nearly down to 3GH so I don't think we'll see much price movement either way.

Hopefully we'll get an update this weekend.

If we can maintain 3GHz when we start PoS mining we should see some very nice buy support. Might I propose that one thing we can focus on as a community, once the PoS pool is up and running, is to try and get as many miners together as possible to mine at the multipool? BK apparently has been talking with the owner of an ASICs farm about renting miners specifically for the multipool. If every non-miner with some spare change could rent a miner for a couple of days and mine at the multipool we'd enter the PoS stage with a bang and attract a lot of attention, while at the same time help raise the price and (hopefully!) make some coins in the process.

Just sold my rig but I might buy a gridseed or two for the pool if you think it's worth it, if not I'll chip in for a rental. We might do well to focus on a few of the most potential coins to begin with instead of jumping on dying coins when they drop the diff. What's most profitable for an auto-sell won't come close to picking the right coin and strategically selling. Some community input about what we mine could be a part of the strategy.

I think involving the community in what coins to mine is a very, very interesting idea! Does anyone know who'll be running the pool? I've forgotten the URL, but there's one that already has a website up that says it will launch this month. Maybe we could contact them and bounce some ideas off of them?

HKBvM

sr. member

Activity: 398

Merit: 250

Confidence is waning and the dump continues Angry

With blocks getting stuck repeatedly and no firm news on POS testing/implementation it's no surprise really.

Hashrate has fallen again, we're nearly down to 3GH so I don't think we'll see much price movement either way.

Hopefully we'll get an update this weekend.

If we can maintain 3GHz when we start PoS mining we should see some very nice buy support. Might I propose that one thing we can focus on as a community, once the PoS pool is up and running, is to try and get as many miners together as possible to mine at the multipool? BK apparently has been talking with the owner of an ASICs farm about renting miners specifically for the multipool. If every non-miner with some spare change could rent a miner for a couple of days and mine at the multipool we'd enter the PoS stage with a bang and attract a lot of attention, while at the same time help raise the price and (hopefully!) make some coins in the process.

Just sold my rig but I might buy a gridseed or two for the pool if you think it's worth it, if not I'll chip in for a rental. We might do well to focus on a few of the most potential coins to begin with instead of jumping on dying coins when they drop the diff. What's most profitable for an auto-sell won't come close to picking the right coin and strategically selling. Some community input about what we mine could be a part of the strategy.

I have never mined a coin, i never understood all the hassle with setting up miners and so on, when I can just buy at an exchange. Of course not going to mintpal to buy from the sell orders, but putting in buy orders at the smaller exchanges and buying in the dips. That way I got all of my coins roughly 10% below market price. Electricity is 0.32USD/kwh here, so mining using my own electricity cant be worth it.

I could rent a ? Something ?, but I could also spend this money to just buy directly (and add buy support that way), is a multipool that much better that it is worth the effort?

Doging

hero member

Activity: 1036

Merit: 500

Confidence is waning and the dump continues Angry

With blocks getting stuck repeatedly and no firm news on POS testing/implementation it's no surprise really.

Hashrate has fallen again, we're nearly down to 3GH so I don't think we'll see much price movement either way.

Hopefully we'll get an update this weekend.

If we can maintain 3GHz when we start PoS mining we should see some very nice buy support. Might I propose that one thing we can focus on as a community, once the PoS pool is up and running, is to try and get as many miners together as possible to mine at the multipool? BK apparently has been talking with the owner of an ASICs farm about renting miners specifically for the multipool. If every non-miner with some spare change could rent a miner for a couple of days and mine at the multipool we'd enter the PoS stage with a bang and attract a lot of attention, while at the same time help raise the price and (hopefully!) make some coins in the process.

Just sold my rig but I might buy a gridseed or two for the pool if you think it's worth it, if not I'll chip in for a rental. We might do well to focus on a few of the most potential coins to begin with instead of jumping on dying coins when they drop the diff. What's most profitable for an auto-sell won't come close to picking the right coin and strategically selling. Some community input about what we mine could be a part of the strategy.

FlyingMongoose

full member

Activity: 238

Merit: 100

Confidence is waning and the dump continues Angry

With blocks getting stuck repeatedly and no firm news on POS testing/implementation it's no surprise really.

Hashrate has fallen again, we're nearly down to 3GH so I don't think we'll see much price movement either way.

Hopefully we'll get an update this weekend.

If we can maintain 3GHz when we start PoS mining we should see some very nice buy support. Might I propose that one thing we can focus on as a community, once the PoS pool is up and running, is to try and get as many miners together as possible to mine at the multipool? BK apparently has been talking with the owner of an ASICs farm about renting miners specifically for the multipool. If every non-miner with some spare change could rent a miner for a couple of days and mine at the multipool we'd enter the PoS stage with a bang and attract a lot of attention, while at the same time help raise the price and (hopefully!) make some coins in the process.

That is true, I only have about 2 megahash to spare right now though. But it's better than 0.

BTCrawl

full member

Activity: 154

Merit: 100

Quote from: w709190200 on July 12, 2014, 09:39:27 AM

Confidence is waning and the dump continues Angry

With blocks getting stuck repeatedly and no firm news on POS testing/implementation it's no surprise really.

Hashrate has fallen again, we're nearly down to 3GH so I don't think we'll see much price movement either way.

Hopefully we'll get an update this weekend.

If we can maintain 3GHz when we start PoS mining we should see some very nice buy support. Might I propose that one thing we can focus on as a community, once the PoS pool is up and running, is to try and get as many miners together as possible to mine at the multipool? BK apparently has been talking with the owner of an ASICs farm about renting miners specifically for the multipool. If every non-miner with some spare change could rent a miner for a couple of days and mine at the multipool we'd enter the PoS stage with a bang and attract a lot of attention, while at the same time help raise the price and (hopefully!) make some coins in the process.

FlyingMongoose

full member

Activity: 238

Merit: 100

looks interesting, any bounties??

As of right now, no specific bounties, but there are those who will contribute to you if you contribute to the coin.

Some people will give good article writers some naut here or there. And so on. This coin is truly community driven, those in the community invest back into the community, and the coin.

w709190200

member

Activity: 156

Merit: 10

looks interesting, any bounties??

FlyingMongoose

full member

Activity: 238

Merit: 100

Quote from: scrypto on July 12, 2014, 08:41:59 AM

Quote from: FlyingMongoose on July 12, 2014, 08:35:51 AM

Quote from: FlyingMongoose on July 12, 2014, 08:35:51 AM

Confidence is waning and the dump continues Angry

With blocks getting stuck repeatedly and no firm news on POS testing/implementation it's no surprise really.

I personally would still rather have a solid, stable, and reliable product than a rushed one.

Don't forget to donate to the Facebook advertisement campaign (by hardcoreprime a.k.a. hcp)
NftgUJjAWDcbCHNpEQD2ASGG5PhP36yVuk

Don't forget to vote
http://www.btc38.com/trade/vote_for_trade.html
https://bter.com/voting
https://hitbtc.com/vote
https://www.swaphole.com/#!voting
http://www.betbycoin.com/coinvotes/

But you're missing the point. I'm not asking for anything to be rushed. It's clarity I'm after. I hold a significant amount of NAUT so that's quite normal that i'm bothered by this. We were supposed to be testing POS this time last week and it didn't happen. Ever since there's been a lack of info and the price has plummeted. Some clarity from the developers will help the situation more than any facebook ads.

I personally can't agree and say it has "plummeted", the peak from the advertising on the fight has returned to a new floor (higher than the 18-19k floor it was at prior to the fight). To me, again this is personal opinion, it looks like the natural progression of most coins.

The information we have is that we know it's being worked on, and we know it's being tested as thoroughly as possible. Working in web, software and even games development I know how hard it is to set hard deadlines and actually meet them (I'm aiming for august 15th of an announcement schedule for my project here, but if I don't have my project at the state I plan on by then, well, I have to push it back).

I would rather not have a "it's on this date specifically" and then not have it release, have more people wondering, and ultimately lose more faith than just pushing it out when it's truly ready.

scrypto

full member

Activity: 534

Merit: 100

Confidence is waning and the dump continues Angry

With blocks getting stuck repeatedly and no firm news on POS testing/implementation it's no surprise really.

I personally would still rather have a solid, stable, and reliable product than a rushed one.

Don't forget to donate to the Facebook advertisement campaign (by hardcoreprime a.k.a. hcp)
NftgUJjAWDcbCHNpEQD2ASGG5PhP36yVuk

Don't forget to vote
http://www.btc38.com/trade/vote_for_trade.html
https://bter.com/voting
https://hitbtc.com/vote
https://www.swaphole.com/#!voting
http://www.betbycoin.com/coinvotes/

But you're missing the point. I'm not asking for anything to be rushed. It's clarity I'm after. I hold a significant amount of NAUT so that's quite normal that i'm bothered by this. We were supposed to be testing POS this time last week and it didn't happen. Ever since there's been a lack of info and the price has plummeted. Some clarity from the developers will help the situation more than any facebook ads.

Doging

hero member

Activity: 1036

Merit: 500