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Topic: [ANN] OFWCOIN {OFW} - No ICO - X11 POW/POS - on Novaexchange - page 19. (Read 18212 times)

sr. member
Activity: 1344
Merit: 252
Net hashpower is already 15mh and the mining profit drops to very low level  Cry
Miners come and go, the average Joe attempts to mine as many coins as he can, I do not see the problem you mention.

Maybe check your set up.    Cool


I see problem in high diff with low profit, with no exchange listing yet I can't see a sense in wasting my hashpower to mine it right now. Thats all I wanted to say  Wink
full member
Activity: 192
Merit: 100
Net hashpower is already 15mh and the mining profit drops to very low level  Cry
Miners come and go, the average Joe attempts to mine as many coins as he can, I do not see the problem you mention.

Maybe check your set up.    Cool

sr. member
Activity: 1344
Merit: 252
Net hashpower is already 15mh and the mining profit drops to very low level  Cry
full member
Activity: 192
Merit: 100
Looking for translations 5000 OFW Coins per translate - No google translators please.
If interested post link to translation and language and your ofw coin wallet address.

Thanks
sr. member
Activity: 1344
Merit: 252
Can't see total coin supply, how much?
It is on the start of the thread, the website and the whitepaper.  400M. 
I see now, thanks   Cheesy
full member
Activity: 353
Merit: 100
I do not understand what is the use of the project since we are discussing the same project here?
full member
Activity: 192
Merit: 100
let this good coin be traded at Bittrex or Poloniex, they are both good exchanges which the traded volumes are good and sustainable.                                                                                                           
a good coin must be at the good exchanges.   
Hi, thanks we are working on that Sir. 
full member
Activity: 192
Merit: 100
Can't see total coin supply, how much?
It is on the start of the thread, the website and the whitepaper.  400M. 
sr. member
Activity: 645
Merit: 253
Wow this is promising coin.. Many OFW will be happy.
sr. member
Activity: 546
Merit: 250
let this good coin be traded at Bittrex or Poloniex, they are both good exchanges which the traded volumes are good and sustainable.                                                                                                           
a good coin must be at the good exchanges.   
sr. member
Activity: 1344
Merit: 252
Can't see total coin supply, how much?
full member
Activity: 192
Merit: 100
full member
Activity: 192
Merit: 100
Dev, how are you going to peg OFW's value to the Philippines Peso? Will it be similar to Tether approach which is backed by actual fiat currency assets?
thanks
That is the goal but the markets will ultimately decide its value once it hits them. 
This coin is not backed by fiat currency assets as there was not ICO therefore no cash asked for or held prior to release.
It is backed by the large market it is targeting and the future potential use in the remittance industry, but as described in the white paper that is part of the roadmap and is not guaranteed. 

To all the others who replied, thanks, but being a newbie my posts times are limited so if you don't get an answer straight away, as you know there is a delay between the number of posts I can make.

Thanks for those who are setting up and mining the coin. 

And for the well wishes, much appreciated.  Wink
sr. member
Activity: 420
Merit: 250
"Proof-of-Asset Protocol"
New OFWCoin  (2% fee): (x11)
http://lpool.name/

-o stratum+tcp://lpool.name:3533 -u -p c=OFW

Bounty/Donate: ogCcmvqXh9yD95969WoXR8mWvUjeXX7Kju (OFW)

Node list: http://lpool.name/explorer/peers?id=1768
Explorer: http://lpool.name/explorer/OFW
sr. member
Activity: 401
Merit: 251
Still learning
Happy to announce our new Free pool!!
http://54.200.124.50/getting_started





I set 0.1% fee only for track the popularity Cheesy

I've set lot of diff for optimize every miners power.

If you want some personalized diff just write me, i'm happy to set it for your best mining experience

FAST GUIDE

LOW POWER:

-o stratum+tcp://54.200.124.50:3208 -p x -u
         [port between 3208 and 3210 are optimized for below 1 MH/s 25-30 MH/s]

BAIKAL:
     -Pool address> stratum+tcp://54.200.124.50:3211 [diff1, :3212 diff 2]
     -Password> Anything you want, simply "x"

HIGH POWER (2+baikal or different ASIC):
 -o stratum+tcp://54.200.124.50:3232 -p x -u
    [:3232 port is setted in vardiff from 4 to 512 for optimize the great range of miner, just relax and watch the incoming for few hours and the diff will be set    properly  Cool ]

 -o stratum+tcp://54.200.124.50:3456 -p x -u
     [Port diff  setted to static 256 ]

Happy mining !  Grin
member
Activity: 66
Merit: 10
Cool Keep Calm and Use CoinMiners! OFWCoin is ready in our pool!  Cool

CoinMiners.Net

1,5% Fee
Register-free Mining & Auto Payments
Server located at Europe
Is it even paying? Have been waiting for quite sometime, and the stats doesn't look right too.

finally started to receive ofw coin
sr. member
Activity: 1344
Merit: 252
Cool Keep Calm and Use CoinMiners! OFWCoin is ready in our pool!  Cool

CoinMiners.Net

1,5% Fee
Register-free Mining & Auto Payments
Server located at Europe
Can't connect, any thoughts?
full member
Activity: 126
Merit: 100
Lucky Man
http://imgur.com/GfPlWnv
OFWCOIN Is an innovative, secure remittance and payment method which is a perfect platform for the Overseas Filipino Worker (OFW) to send money to and from the Philippines with anonymity and with a tiny cost of 0.1% per transaction.
We have created the OFWCOIN as a coin that Hundreds of Thousands of OFW's can both identify with and use as a remittance service at very little costs and with the view to keeping the cost of an OFWCOIN in-line with the Philippines Peso so that it sits at or around it's equivalent in USD or BTC.   We also want the larger Altcoin Community including investors, miners, traders and enthusiasts to embrace this coin as it is both easy to mine, will become part of a 30Billion USD a year industry that is the remittances to the Philippines and for it to remain both sustainable, accessible and affordable for people around the world to use.

Total Amount of coins: 400 Million
Pre-Mine: 1%
ICO: Nil – Self Funded

Ticker: OFW
Algorithm: X11 PoW + PoS Hybrid
Difficulty Re-targeting: Sophisticated method every block
Block Time: 3 Minutes (180 Seconds)
PoW Reward:
100 Coins each block for the First 2 Months - (Totaling 2,688,000 Coins Created)
50 Coins each block for the next 4 Months - (Totaling 2,688,000 Coins Created)
30 Coins each block Thereafter - Flat Rate Forever Until Coin Cap (Totaling 6,451,200 Coins Per Year)
PoS Yearly Interest Rate (% Per Year): 2% (0.0054% Interest Per Day)
Minimum Stake Age: 12 Hours Maximum Stake Age: Unlimited
Block Confirms for Mined Blocks: 30 (90 Minutes)
Block Confirms for Sending/Receiving: 7 (21 Minutes)
Exchange(s) Yobit.net (When listed) Others to follow......

MINING - Nodes are listed on the website www.ofwcoin.com


Whitepaper and other information listed at www.ofwcoin.com








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copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
Thank you for choosing me to translate this thread into my own language, glad to see this coin from my kabayan after the pesobit, hoping that this one will go far and will make it's spot in the cryptoworld.
sr. member
Activity: 406
Merit: 253
Dev, how are you going to peg OFW's value to the Philippines Peso? Will it be similar to Tether approach which is backed by actual fiat currency assets?
thanks
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