Pages:
Author

Topic: [ANN] | ██ ★ NOW ON CRYPTSY ★ ██ | •• ALIENCOIN •• | ◘ [ALN] ◘ √ | - page 64. (Read 121135 times)

kke
member
Activity: 96
Merit: 10
instead of a 1% premine it was in fact a 100% premine

1% is still too much. It's 2 million coins, block reward is 40. That is 50 thousand mined blocks worth. Way way way too much.

Let's imagine this gets to be on an exchange:

The average joe with 1mh/s will make maybe 200 coins on a pool during the first days.

To get any kind of reward that is worth even logging in to an exchange, ALN should be valued about the same as what you get when mining other coins. You'll make about 0.01 BTC a day with 1mh/s mining other coins.

So, if 200 coins should be worth about 0.01 BTC, the market value should be around 1 ALN = .00005 BTC. This would make the 2M premine worth 100 BTC = 100,000 USD. Do you think that's fair compensation for your efforts with this coin?

Yes yes, you claim most of it will be used as giveaways (printing free money always devalues the existing money, making mining less profitable), bounties (for what? services should be profitable on their own and you already have wallets and what not) and who knows what. There's no guarrantee that you will do so, which makes it a risk to add this coin to any exchange as long as you're sitting on the coin pile. Even after maybe two years of the network mining the coin, you are still sitting on nearly half of all the coins in circulation.

You can sell at any price since you didn't invest anything (except maybe few hours of work replacing the logos and coin names on the wallet and posting on bitcointalk) so for miners there is a huge risk that by mining this coin, it will not be profitable at all. If you dump your stash at 0.000001 BTC per ALN, the average miners will pay more for electricity and lose profits from not mining the actually profitable coins, making mining your coin cost them instead of profiting them.

You are trying to make a profit and dump your stash whenever someone is willing to buy any. No one believes otherwise. Just admit it.
sr. member
Activity: 308
Merit: 250
My cgminer.bat for coins solo:

Code:
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1
cgminer-3.7.2-windows\cgminer.exe --scrypt -o 127.0.0.1:RPCPORTNUMBER -u USERNAM -p PASSWORD --gpu-platform 1 --device 0 -w 256 --vectors 1 -I 13 -g 1 --log 1 --thread-concurrency 8192 --shaders 2048  --queue 0 --scan-time 1 --expiry 1

pause


Could anyone post a cgminer .config file please?

I want to try solo mining for the first time.

I will give a DOGE donation if you do, so please post your address Smiley
member
Activity: 84
Merit: 10
Could anyone post a cgminer .config file please?

I want to try solo mining for the first time.

I will give a DOGE donation if you do, so please post your address Smiley
member
Activity: 98
Merit: 10
If the total supply was set to 200,000,000 and you mined 200,000,000 then how is it even possible there were coins available to mine?

200,000,000 - 200,000,000 = 0.  Cheesy Cheesy Cheesy

It's not a mix up, that's simple math.
you're a fraud, you're a liar and you planned this.
you got caught red handed and now you're just going to lie to everyone about it.

the facts are you lied about the total number of coins so that you could lie about the premine, I wonder what other lies we haven't even caught you in yet?

Why would they lie about the total number of coins when there is block explorers to see the the transactions lol, especially taking 200m for the pre-mine which was the total amount of coins.. They wouldn't of done that, so i have to disagree with you.

sr. member
Activity: 308
Merit: 250
And you got NO Idea at all how coins work.... doh!

If the total supply was set to 200,000,000 and you mined 200,000,000 then how is it even possible there were coins available to mine?

200,000,000 - 200,000,000 = 0.  Cheesy Cheesy Cheesy

It's not a mix up, that's simple math.
you're a fraud, you're a liar and you planned this.
you got caught red handed and now you're just going to lie to everyone about it.

the facts are you lied about the total number of coins so that you could lie about the premine, I wonder what other lies we haven't even caught you in yet?
member
Activity: 75
Merit: 10
If the total supply was set to 200,000,000 and you mined 200,000,000 then how is it even possible there were coins available to mine?

200,000,000 - 200,000,000 = 0.  Cheesy Cheesy Cheesy

It's not a mix up, that's simple math.
you're a fraud, you're a liar and you planned this.
you got caught red handed and now you're just going to lie to everyone about it.

the facts are you lied about the total number of coins so that you could lie about the premine, I wonder what other lies we haven't even caught you in yet?
full member
Activity: 154
Merit: 100
Hello.

First of all I would like to offer a statement of apology to everyone, the coin launch was a failure and the source was invalid due to human error. The error should never have happened but it did, instead of a 1% premine it was in fact a 100% premine, all due to human error. It was a costly mistake by the dev team but decision was taken to stop all mining and have a relaunch of the coin. In the strongest terms possible this was not planned to have a 100% premine becuase this is just ridiculous to think that a coin would survive like that with the dev team holding all the coins. All being said everyone is open and welcome to there own opinions and views and should be expressed if they feel so. The coin will be relaunched because the team of Aliencoin strongly believe that the coin can be a success and from now on the dev team will put in even more hard work to make sure of this. I would also like to apologise and thank the pool owners for the help they have given and support they have showed. Thank you also for the miners who have an understanding of our apology. Lessons have been learnt at a cost but we are now looking forward to the re-launch. Everybody is free to mine which ever coin they wish and if you continue to offer support towards Aliencoin then it is mostly appreciated.

Updates Will follow shortly

Thanks again


You say it was a human error that the premine was 200,000,000 but anyone who has programmed a coin would know that you have to also set the limit for the number of coins available.

If you "accidentally" mined 100% of the coin then no one should have been able to generate more coins than that.

You also "accidentally" set the limit for there to be more than 200,000,000 coins available - that is how i know for sure you are lying.

Anyone who is planning to stick with this coin when it relaunches - keep in mind that you won't know for months, or even years if this dev has actually set a limit on the number of coins available. Do you really want to wait to find out?

The developer confirmed he set the total supply to 200-million, it could of been a mix up with the 0s for the pre-mine & the actual total supply but at the end of the day it was just a plain human error which will not be happening again. This second launch will we make sure everything is set in place and the developers are set ready for a stable and fair launch. We've learnt from the last launch & we have improved, Humans race will be conquered!

For that last comment, we can confirm it has a total of 200-Million coins, I repeat Aliencoin has a total of 200-Million coins.

I respect your opinions and its truly up to you what you decide to mine, but however if you do wish to stick by with Aliencoin I will be more than happy to greet you on board and that goes out to all miners.

Kind regards
member
Activity: 75
Merit: 10
Hello.

First of all I would like to offer a statement of apology to everyone, the coin launch was a failure and the source was invalid due to human error. The error should never have happened but it did, instead of a 1% premine it was in fact a 100% premine, all due to human error. It was a costly mistake by the dev team but decision was taken to stop all mining and have a relaunch of the coin. In the strongest terms possible this was not planned to have a 100% premine becuase this is just ridiculous to think that a coin would survive like that with the dev team holding all the coins. All being said everyone is open and welcome to there own opinions and views and should be expressed if they feel so. The coin will be relaunched because the team of Aliencoin strongly believe that the coin can be a success and from now on the dev team will put in even more hard work to make sure of this. I would also like to apologise and thank the pool owners for the help they have given and support they have showed. Thank you also for the miners who have an understanding of our apology. Lessons have been learnt at a cost but we are now looking forward to the re-launch. Everybody is free to mine which ever coin they wish and if you continue to offer support towards Aliencoin then it is mostly appreciated.

Updates Will follow shortly

Thanks again


You say it was a human error that the premine was 200,000,000 but anyone who has programmed a coin would know that you have to also set the limit for the number of coins available.

If you "accidentally" mined 100% of the coin then no one should have been able to generate more coins than that.

You also "accidentally" set the limit for there to be more than 200,000,000 coins available - that is how i know for sure you are lying.

Anyone who is planning to stick with this coin when it relaunches - keep in mind that you won't know for months, or even years if this dev has actually set a limit on the number of coins available. Do you really want to wait to find out?
sr. member
Activity: 308
Merit: 250
At http://aln.poolerino.com the accounts stay, so you dont have to register again.

DEV - are the pools the same than yesterday or must new accounts be created
hero member
Activity: 756
Merit: 500
DEV - are the pools the same than yesterday or must new accounts be created
newbie
Activity: 56
Merit: 0
Aliencoin mining pool - aln.happyminers.net

https://i.imgur.com/cMZUpcK.png
*PRE-REGISTER*

Pool information:
-0% fee
-PROP system
-Vardiff stratum
-Minimum payout - 1 ALN
-Better faster stronger server: 16 core, 32gb ram, ssd drivers

Get ready your workers.
Sample for cgminer:
Quote
cgminer.exe --scrypt -o stratum+tcp://s3.happyminers.net:3113 -u Weblogin.Worker -p PassWorker -I 13
Sample for minerd(cpuminer):
Quote
minerd.exe --url stratum+tcp://s3.happyminers.net:3113 --userpass Weblogin.Worker:PassWorker
full member
Activity: 154
Merit: 100
Hello, thank you for your interest. The launch will be announced on the thread was everything has been sorted. We're aiming for a fair and stable launch, we will contact you asap regarding this information.

please feel free to post on the thread,

Kind regards!

Wrote this in another coin's ANN thread, but still applies:

1) Release compiled wallets and source at launch
2) People can start solo mining
3) Zero reward for the first 100 blocks
3) It is built into the wallet to not accept more than 500 kh/s during the first 5000 blocks
    - obfuscate the limitation in the code a little, so it is not trivial one minute job to remove the limit
    - the limit could also be gradually removed instead all at once on 5000th block
    - mega farmers will of course try to circumvent this, but at least it will take a little time to setup multiple wallets
4) During the first 5000 blocks pools have enough time to set up, and will automatically start to operate normally after 5000th block

If you choose to take the standard route, expect WTS 1,000,000 for 1 BTC offers within 1 hour of the launch and small time miners having 100 at that point going ok good bye another coin raped.

so what is the impact of point 3) above> If I solo mine, will I be limited to 500khs? what about pools then? will the total pool limit also be 500Khs effectively, making poolmining rather pointless for the first 5000 blocks?

Please note that isn't implemented into Aliencoin's structure, I believe he was suggesting that we use that setting.

The first 1,000 Blocks will be reduced in block rewards this will help with the stability of the launch. After them 1,000 blocks have been mined it will return to its original standing.

Kind regards.

ok, thanks for the info
full member
Activity: 154
Merit: 100
Hello, thank you for your interest. The launch will be announced on the thread was everything has been sorted. We're aiming for a fair and stable launch, we will contact you asap regarding this information.

please feel free to post on the thread,

Kind regards!

Wrote this in another coin's ANN thread, but still applies:

1) Release compiled wallets and source at launch
2) People can start solo mining
3) Zero reward for the first 100 blocks
3) It is built into the wallet to not accept more than 500 kh/s during the first 5000 blocks
    - obfuscate the limitation in the code a little, so it is not trivial one minute job to remove the limit
    - the limit could also be gradually removed instead all at once on 5000th block
    - mega farmers will of course try to circumvent this, but at least it will take a little time to setup multiple wallets
4) During the first 5000 blocks pools have enough time to set up, and will automatically start to operate normally after 5000th block

If you choose to take the standard route, expect WTS 1,000,000 for 1 BTC offers within 1 hour of the launch and small time miners having 100 at that point going ok good bye another coin raped.

so what is the impact of point 3) above> If I solo mine, will I be limited to 500khs? what about pools then? will the total pool limit also be 500Khs effectively, making poolmining rather pointless for the first 5000 blocks?

Please note that isn't implemented into Aliencoin's structure, I believe he was suggesting that we use that setting.

The first 1,000 Blocks will be reduced in block rewards this will help with the stability of the launch. After them 1,000 blocks have been mined it will return to its original standing.

Kind regards.
full member
Activity: 154
Merit: 100
Hello, thank you for your interest. The launch will be announced on the thread was everything has been sorted. We're aiming for a fair and stable launch, we will contact you asap regarding this information.

please feel free to post on the thread,

Kind regards!

Wrote this in another coin's ANN thread, but still applies:

1) Release compiled wallets and source at launch
2) People can start solo mining
3) Zero reward for the first 100 blocks
3) It is built into the wallet to not accept more than 500 kh/s during the first 5000 blocks
    - obfuscate the limitation in the code a little, so it is not trivial one minute job to remove the limit
    - the limit could also be gradually removed instead all at once on 5000th block
    - mega farmers will of course try to circumvent this, but at least it will take a little time to setup multiple wallets
4) During the first 5000 blocks pools have enough time to set up, and will automatically start to operate normally after 5000th block

If you choose to take the standard route, expect WTS 1,000,000 for 1 BTC offers within 1 hour of the launch and small time miners having 100 at that point going ok good bye another coin raped.

so what is the impact of point 3) above> If I solo mine, will I be limited to 500khs? what about pools then? will the total pool limit also be 500Khs effectively, making poolmining rather pointless for the first 5000 blocks?
full member
Activity: 154
Merit: 100
ready for the invasion

taktak taktaktaktaktaktak tak

 Grin
member
Activity: 84
Merit: 10
https://dgb.luckyminers.com
UPDATED FOR NEW LAUNCH


Pool for this Aliencoin is up at http://aln.luckyminers.com
Start pre-registering, V2 goes live as soon as possible!

Pools offers:
- 0% fee on launch
- Multi enterprise grade servers
- Separate website, database & stratum servers
- Proportional payout system
- Stratum
- Vardiff
- Payouts every minute (Auto & Manual)
- Fun in mining

Example connections:
For Linux
Code:
./cgminer --scrypt -o stratum+tcp://stratum-eu.aln.luckyminers.com:3331 -u username.WORKERID -p x
Code:
./bfgminer --scrypt -o stratum+tcp://stratum-eu.aln.luckyminers.com:3331 -u username.WORKERID -p x

For Windows
Code:
cgminer --scrypt -o stratum+tcp://stratum-eu.aln.luckyminers.com:3331 -u username.WORKERID -p x
Code:
bfgminer --scrypt -o stratum+tcp://stratum-eu.aln.luckyminers.com:3331 -u username.WORKERID -p x

For CPUMiner/Minerd
Code:
minerd.exe -a scrypt -o stratum+tcp://stratum-eu.aln.luckyminers.com:3331 --userpass username.WORKERID:x -t4 -s2 -r1000

RJX
legendary
Activity: 1078
Merit: 1003
Hello.

First of all I would like to offer a statement of apology to everyone, the coin launch was a failure and the source was invalid due to human error. The error should never have happened but it did, instead of a 1% premine it was in fact a 100% premine, all due to human error. It was a costly mistake by the dev team but decision was taken to stop all mining and have a relaunch of the coin. In the strongest terms possible this was not planned to have a 100% premine becuase this is just ridiculous to think that a coin would survive like that with the dev team holding all the coins. All being said everyone is open and welcome to there own opinions and views and should be expressed if they feel so. The coin will be relaunched because the team of Aliencoin strongly believe that the coin can be a success and from now on the dev team will put in even more hard work to make sure of this. I would also like to apologise and thank the pool owners for the help they have given and support they have showed. Thank you also for the miners who have an understanding of our apology. Lessons have been learnt at a cost but we are now looking forward to the re-launch. Everybody is free to mine which ever coin they wish and if you continue to offer support towards Aliencoin then it is mostly appreciated.

Updates Will follow shortly

Thanks again


Good man. Will mine. And: apology accepted!

full member
Activity: 154
Merit: 100
Hello.

First of all I would like to offer a statement of apology to everyone, the coin launch was a failure and the source was invalid due to human error. The error should never have happened but it did, instead of a 1% premine it was in fact a 100% premine, all due to human error. It was a costly mistake by the dev team but decision was taken to stop all mining and have a relaunch of the coin. In the strongest terms possible this was not planned to have a 100% premine becuase this is just ridiculous to think that a coin would survive like that with the dev team holding all the coins. All being said everyone is open and welcome to there own opinions and views and should be expressed if they feel so. The coin will be relaunched because the team of Aliencoin strongly believe that the coin can be a success and from now on the dev team will put in even more hard work to make sure of this. I would also like to apologise and thank the pool owners for the help they have given and support they have showed. Thank you also for the miners who have an understanding of our apology. Lessons have been learnt at a cost but we are now looking forward to the re-launch. Everybody is free to mine which ever coin they wish and if you continue to offer support towards Aliencoin then it is mostly appreciated.

Updates Will follow shortly

Thanks again


may i ask politely, what is with 200mil coins sitting in dev's wallet?

The dev has deleted the wallet, "The old wallet & coins are useless now. There is a new genesis block + the new wallet has a new and different address"

Please delete your old wallet and your roaming app data for Aliencoin, ready for the new wallet to be released on launch via download link in the main thread section.

Kind regards.
legendary
Activity: 1050
Merit: 1000
Hello.

First of all I would like to offer a statement of apology to everyone, the coin launch was a failure and the source was invalid due to human error. The error should never have happened but it did, instead of a 1% premine it was in fact a 100% premine, all due to human error. It was a costly mistake by the dev team but decision was taken to stop all mining and have a relaunch of the coin. In the strongest terms possible this was not planned to have a 100% premine becuase this is just ridiculous to think that a coin would survive like that with the dev team holding all the coins. All being said everyone is open and welcome to there own opinions and views and should be expressed if they feel so. The coin will be relaunched because the team of Aliencoin strongly believe that the coin can be a success and from now on the dev team will put in even more hard work to make sure of this. I would also like to apologise and thank the pool owners for the help they have given and support they have showed. Thank you also for the miners who have an understanding of our apology. Lessons have been learnt at a cost but we are now looking forward to the re-launch. Everybody is free to mine which ever coin they wish and if you continue to offer support towards Aliencoin then it is mostly appreciated.

Updates Will follow shortly

Thanks again


may i ask politely, what is with 200mil coins sitting in dev's wallet?
member
Activity: 98
Merit: 10
Don't fuck up today, I'll mine  Smiley
Pages:
Jump to: