Topic: [ANN] [PRC] Prospercoin Classic - page 11. (Read 79200 times)

We cannot wait for the casino either But like everything it is all about funding so lets see what happens on the 29th

I don't mine, but i'm like to invest in coins with cash.
I can't wait for the casino to come out, i'll be sure to jump in on it.
 

@triggermage - I am just seeing a algo change as a great preventative measure against the coming ASICs, and enjoying the idea of cheaper electicity costs. That inspires me to support the upgrade.

@itsallpc - if you think better algos will come out well enough before the ASICs, I certainly agree that we should wait.

Beyond that, an earlier shift affects less people...

The Prosper Day at Prominer will work like this, instead of 1% of what you earn going to the pool it will be added to your round earning and credited into your account, so instead of adding to the pool liquid assets it'll subtract from the pool liquid assets and add to your account.

We find arround 720 blocks per day that means, in a non Prosper Day this promotion would giveaway about 72 coins evenly distributed among miners, considering the Prosper Day have up to double blocks and a much higher hashrate, based on last Prosper Day, I estimate this giveaway will finish with about 700 coins given to miners. If half day I havent given away enough coins or have given all away I reserve the right to adjust the fee acordingly either to -2% in case not enough coins have been given or to 0% in case all the 700 coins have been given already.

Mind you that the first Prosper Day I meant to give 500 coins and ended up giving out 1.660 coins so this time it is very likely that I end up giving away more than intended as well. Me and some other operators have asked the pool developers for the -% bonus to be implemented into the pool software and they added it recently now we put it to the test! The next thing I'll try to get implemented is a way to display how much has been given away

Date: 27/03/2014 01:55
To: QiJrKHo9DzaCD2vAE8mWYfNpmVhav7fcv6
Debit: -250.00 PRC
Net amount: -250.00 PRC
Transaction ID: c005afe73d25fa89998bb0afe64a0affdade46dbd3b353d69128b04011ec2067

QiJrKHo9DzaCD2vAE8mWYfNpmVhav7fcv6

Thank you, I'll make sure to give these out

No Problem triggermage lets see what people say in reply

Can you send me your prospercoin address please so i can send you the 250 extra coins for propserday giveaway thanks

itsallpc thanks for the complete answear, I am pretty sure this will clarify for others as it did for me.

About the pool, it's back up and fully functional, payments are rolling out and blocks are being accounted for. There is an explanation post on what happened at the pool homepage to let everyone know exactly what happened. Fear not for your coins are all there and the Prosper Day giveaway is still up, get ready

WE in no way think that you would flame and we appreciate your opinion being one of our supporters and providing a superb mining pool for the miners of prospercoin.

To address you question. We would like to be pre-emptive and protect prospercoin from future problems we believe in prophylactic's.
Due to the up-rise in gridseed, Asics and FPGA's we would like to take a forward stance in protecting the coin for the future. Why now well 2 reasons and still they are under discussion until it is decided 100% to happen.

1. With the low miner usage changing the coin now will not harm or be as much of a problem as could be in the future!
2. We asked the users and they said to do it quickly.

The problem we see at the moment is this we kind of agree why change the coin when it is not broken.? What to change the coin to if we agree to change it? X11 is open to FPGA adaptation in the near future so would be out of one problem we are trying to avoid and back into it in a few months time. We are not trying to raise numbers or make it look better for markets etc as this is a long term project as always been stated. Time will create value as will the projects we implement.

So what to change to Scrypt -n - Scypt jane or stay the same???

To be honest and this is my thought and putting it out there i think soon new types of ANTI ASIC algo's will be on the market soon and i would like to wait a little to see what is developed in the near future. In Mean put forward scrypt n i let the users know and they said apply it quickly....If we change the coin we want to only do it once with minimal fuss.. To users miners investors pool owners and exchanges..

We appreciate counter arguments and discussion about this..

Whatever we do will be with as much agreement from the users miners and pool owners as possible.

take your time man...

Unfortunately I cant give you any ETA, I send funds to the default account for the giveaway preparing for the Prosper Day but the coins ended up in a different account within the wallet and that made the getbalance "" return a huge amount in negative for no reason. I am looking into how to fix the default account negative funds so the pool can function again.

If all come to the worst and I have to change the wallet.dat, making all pending transactions invalid, I'll send the funds one by one for every user manualy, the coins are in the wallet and are not lost despite what getbalance "" say, and then start the pool again with all data reset.

I am sorry for the inconvenience and I'am doing everything possible to make this as painless as possible for miners.

sup prominer? gonna take long? LOL 

I dont mean to flame but I wont take those as real reasons, there is no problem with the way the coin works right now, fork and change the coin to fix the lack of miners/investors is a mistake because this is not a scrypt problem.

This is only my personal opinion based on what I have seen so far and my discussions about forks and healty coins with pool operators and developers on IRC. Everyone is entitled to their opinion, I respect that.

Whatever direction the dev takes I will try and keep prosper.prominer.org as solid as it have been the last months, by the way go check out the next Prosper Day promo, it's nuts!

The technical reasons are abundant, but with ASICs coming in soon, what more reason do you need?

Ahead of the curve, or miss the boat...

Prospercoin has a total of 60mh on the whole network.

With x11 it will boost to 180mh + less cost on electricity + higher price on the market due to a higher hashrate.

How would you not want this change when there's no better change then this.

Excuse me but what are the reasons for forking the coin?

Be aware that scrypt-n, altough it works, is not suported by MPOS. I am really interested on the technical reasons for why change the coin algo, community choice is not a technical reason.

It is for the coin best interest.

The sooner you get into x11 the sooner you take advantage of the market.

wow dont change algo people ;x

I personally like x11 it is future proof at the moment and as you say 3-4 times the hashing power less energy used.

We have spoken to https://bitcointalksearch.org/topic/guiminer-scrypt-a-guiminer-fork-for-mining-scrypt-chains-150331 guiminer-scrypt if they will add it soon then we will re think scrypt-n

May i advice instead of scrypt-n go toward x11?

this mining Double the hasrate on most cards , this will help the value rise and will maintain a high hasrate at all time.