Thanks for the heads up on the HASH rate and the pool going down. I have not mined the coin since the pre-mine (I wanted to make sure there was fair distribution) but to keep the blocks moving I will personally rent a miner and use the blocks mined for the NSF
-BK
nice one BK!!
can you give us a few hints on what ur plan is for this week ahead so we can help in any way
In the short run, I am using Eobot.com to mine NAUT. The operator is fantastic and for someone who is less technical like me it is very easy to get up and running.
Can anyone tell me how many GHS I will need to get things moving again?
Plan for this week:
#1 Priority is PoS, this has been taking way too long and as the creator of the coin I take full responsibility for the delay. I have been working on things that I am an expert at, but obviously I need to focus all my energy on the switch.
That sounds fatastic! PoS will give us more time to do other things, as it will help stabilize the price and secure the network while infrastructure is built
Also there seems to be a PoS multipool in the works over at
http://www.nautpool.com/ I don't know if you're involved in the building of it BK, but regardless it will help both the prize and the volume once it's up and running. For people in this thread who are new to this, a PoS multipool will mine other coins and use the BTC generated to buy the PoS coin in question. This means that the price is constantly being pushed upwards by the buy pressure generated, rather than pushed down as is happening during PoW.
Also I've talked to a couple of people about helping us out with PR, and I've contacted a few businesses about accepting Nautiluscoin payments. Nothing is final yet but if anything crystallizes I'll update everyone here immediately (after running it through with BK first if it's something big of course).
I am not involved in the PoS Multipool - this is the first I even heard about this type of ppol existing - BUT I really like the idea, it fits in perfectly with the goal on constantly supporting the coin.
Do we need more than one?
Bk the more POS multipools the better imo
when POS is implemented there could be an official "nautipool" that works together with the NSF to bring stable price appreciation with systematic buying and selling in a transparent fashion.
this may get miners of all algo's great returns on their investments and stop panic sellers cashing to bitcoin as they know the price will appreciate along side bitcoin its self.
then if there is some way to go straight from naut to fiat in a liquid fashion and vice versa with a secure web wallet that stakes for you in POS mode, youll have a much easier time selling the whole concept of investing in crypto to ur wall street buddies and investors in ur company right now.
oh also
http://www.legiondev.co/ did the blackcoin multipool might be somthing to check out as they have done an amazing job on that site front end and back end. something to think about =)