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Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 386. (Read 901853 times)

sr. member
Activity: 448
Merit: 250
I know several here have experience with BetaRigs... it is ok to make a payment right from an exchange? Or is it not advised?

i do it from mintpal, no issues and even if you sent from an exchange and it takes over 30 minutes and you don't receive work you just file a ticket with betarigs with tx id address and rigs you paid for and they send your btc back, happened to me once sending from polo cause the withdrawal was not processed on time, but mintpal always works well so far.
full member
Activity: 182
Merit: 100
Great segment on CNBC BK!

Spread the word! You should also do a segment on how to get people involved, if that can be fit into the program somehow (like a tour of the website and wallet)
full member
Activity: 238
Merit: 100
I hope you all can tune in - I will be talking digital currencies on CNBC today at 2:40 pm

-BK

Tuned in and waiting. You've got a solid set up here in Nautiluscoin and I see a great future in it :-) I'm hoping your analysis will show more of the benefits to the crypt-currency world. Also don't forget, there is legislature attempting to be passed so that virtual currency can be classified as FOREIGN CURRENCY instead of PROPERTY in the United States.
Ref: https://www.govtrack.us/congress/bills/113/hr4602
I'd like to see it pass but unlikely.

Reggie stole the show, but I believe the analysis by both of you was spot on.
legendary
Activity: 1736
Merit: 1001
0feepools

Please close your registration. You are consisting of almost all hash power, and this will hurt the coin as it tries to grow. We NEED to spread the hashrate out!

Can you explain how this hurts the coin? I don't understand.

From what I understand, as the coin grows, 0feepool will be the largest hash power for a long time. Therefore, it would be a 51% attack, and anyone mining at 0feepool would hoard all of the coins. At the moment, it is ok, but as more people become involved, it could be bad

Correct me if I'm wrong on anything. This is just what I see happening. It might not accually work this way but just in case  Grin

I think it would only be a problem if the pool owner is malicious. It's not a matter of "hording the coins".

http://bitcoin.stackexchange.com/questions/658/what-can-an-attacker-with-51-of-hash-power-do

So, it's not really "bad" for the coin so to speak assuming the pool owner doesn't manipulate the blockchain.

Do we know anything about who runs this pool. What is his motivation for charging 0 fee? Is it to perform an attack? I don't know.

That said, if he IS MALICIOUS and is planning a 51% attack, then he certainly isn't going to stop registrations because he would want to control 51% of the hash power to perform his attack.
sr. member
Activity: 266
Merit: 250
Sold for good profit

Should have held. Wink

yes - +10,000 in sight - all it takes is seller with gonads...
legendary
Activity: 1736
Merit: 1001
sr. member
Activity: 266
Merit: 250
I hope you all can tune in - I will be talking digital currencies on CNBC today at 2:40 pm

-BK

bummer won't be able to - tell Cramer I said hello - we went to H.S together....
full member
Activity: 182
Merit: 100
0feepools

Please close your registration. You are consisting of almost all hash power, and this will hurt the coin as it tries to grow. We NEED to spread the hashrate out!

Can you explain how this hurts the coin? I don't understand.

From what I understand, as the coin grows, 0feepool will be the largest hash power for a long time. Therefore, it would be a 51% attack, and anyone mining at 0feepool would hoard all of the coins. At the moment, it is ok, but as more people become involved, it could be bad

Correct me if I'm wrong on anything. This is just what I see happening. It might not accually work this way but just in case  Grin
sr. member
Activity: 266
Merit: 250
Hello!

I am running pool http://nau.coinsinfo.net/ with 1% fee


Enjoy mining!

offer a 25 coin block finder bonus for the next 2 days and I'll move my 30 Mhs to you.
+1 - I'll move ~40...

+1 -  I LIKE 40!!!
hero member
Activity: 551
Merit: 500
legendary
Activity: 1736
Merit: 1001
0feepools

Please close your registration. You are consisting of almost all hash power, and this will hurt the coin as it tries to grow. We NEED to spread the hashrate out!

Can you explain how this hurts the coin? I don't understand.
full member
Activity: 182
Merit: 100
0feepools

Please close your registration. You are consisting of almost all hash power, and this will hurt the coin as it tries to grow. We NEED to spread the hashrate out!
sr. member
Activity: 392
Merit: 250
Hello!

I am running pool http://nau.coinsinfo.net/ with 1% fee


Enjoy mining!

offer a 25 coin block finder bonus for the next 2 days and I'll move my 30 Mhs to you.
+1 - I'll move ~40...
full member
Activity: 210
Merit: 100
I hope you all can tune in - I will be talking digital currencies on CNBC today at 2:40 pm

-BK
sr. member
Activity: 266
Merit: 250
Hello!

I am running pool http://nau.coinsinfo.net/ with 1% fee


Enjoy mining!

offer a 25 coin block finder bonus for the next 2 days and I'll move my 30 Mhs to you.
newbie
Activity: 55
Merit: 0
Hello!

I am running pool http://nau.coinsinfo.net/ with 1% fee


Enjoy mining!

I tryed, but alone i can't find any block..

I move my rigs when somebody moves too..


legendary
Activity: 1736
Merit: 1001
I know several here have experience with BetaRigs... it is ok to make a payment right from an exchange? Or is it not advised?

I'll rent you 15-16 mhs for 24 hour increments

pm me your bid - my miners never go down - I have a ups & backup generator and backup internet connection - us based -

guaranteed 24 hours of mining 15 to 16 mhs



pm me an offer.

3 gridseed blades

Why wouldn't you just mine NAUT yourself? I would only offer less than the mine would be worth if I sold it as the current NAUT price.

Or really why wouldn't you just add your rigs to www.betarigs.com thats where we the community is renting to mine NAUT?

easy - I can do better without someone in the middle taking a cut and if someone were interested I'd sent you my link on linkedin.com so you knew who you were dealing with

Sending PM now.
sr. member
Activity: 266
Merit: 250
I know several here have experience with BetaRigs... it is ok to make a payment right from an exchange? Or is it not advised?

I'll rent you 15-16 mhs for 24 hour increments

pm me your bid - my miners never go down - I have a ups & backup generator and backup internet connection - us based -

guaranteed 24 hours of mining 15 to 16 mhs



pm me an offer.

3 gridseed blades

Why wouldn't you just mine NAUT yourself? I would only offer less than the mine would be worth if I sold it as the current NAUT price.

Or really why wouldn't you just add your rigs to www.betarigs.com thats where we the community is renting to mine NAUT?

easy - I can do better without someone in the middle taking a cut and if someone were interested I'd sent you my link on linkedin.com so you knew who you were dealing with
legendary
Activity: 1736
Merit: 1001
I know several here have experience with BetaRigs... it is ok to make a payment right from an exchange? Or is it not advised?

I'll rent you 15-16 mhs for 24 hour increments

pm me your bid - my miners never go down - I have a ups & backup generator and backup internet connection - us based -

guaranteed 24 hours of mining 15 to 16 mhs



pm me an offer.

3 gridseed blades

Why wouldn't you just mine NAUT yourself? I would only offer less than the mine would be worth if I sold it as the current NAUT price.

Or really why wouldn't you just add your rigs to www.betarigs.com thats where we the community is renting to mine NAUT?

Agreed. I would be will to give his rig a try if it were on betarigs. But, I would be worried about sending someone bitcoin and hope they run the rig for me as promised. Betarigs gives me a bit of escrow/protection.
sr. member
Activity: 266
Merit: 250
I know several here have experience with BetaRigs... it is ok to make a payment right from an exchange? Or is it not advised?

I'll rent you 15-16 mhs for 24 hour increments

pm me your bid - my miners never go down - I have a ups & backup generator and backup internet connection - us based -

guaranteed 24 hours of mining 15 to 16 mhs



pm me an offer.

3 gridseed blades

Why wouldn't you just mine NAUT yourself? I would only offer less than the mine would be worth if I sold it as the current NAUT price.

a bird in the hand is worth two in the bush and I'd rent the hash at a little bit better than market price... Smiley
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