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Topic: [ANN] [QRK] Quark | Core 0.10 upgrade - page 427. (Read 1031025 times)

newbie
Activity: 35
Merit: 0
July 24, 2013, 11:08:00 PM
So I have my wallet open and I am not mining at all, yet I found 2 blocks.

How is that possible?

If you have "gen=1" in your .conf file it will start mining when you open your wallet.

Check your cpu usage
member
Activity: 98
Merit: 10
July 24, 2013, 11:03:03 PM
So I have my wallet open and I am not mining at all, yet I found 2 blocks.

How is that possible?
hero member
Activity: 874
Merit: 1000
July 24, 2013, 10:11:37 PM
even so still making 4x the investment right now with online servers. QRK is a pretty good investment for people that know cpumining.
member
Activity: 98
Merit: 10
July 24, 2013, 07:16:29 PM
This coin seems ridiculously cheap right now @ 0.00000220 BTC, it has a lot of potential to easily move a few decimal points. You rarely see a coin this cheap for any period of time.
hero member
Activity: 770
Merit: 500
July 24, 2013, 05:10:33 PM
I found 11 blocks since yesterday even with the high diff.  Cool
sr. member
Activity: 350
Merit: 250
DTC unofficial team
July 24, 2013, 04:26:56 PM
I've also been buying up as much cheap quark as I can on coins-e in anticipation of cryptsy adding it.
So why didn't you, and others, buy from me? Again, I was the cheapest.

Lots of liars in this thread - first with the mining, now with the price.
Yeah duh, but the diff is high i assume a botnet or Amazon EC2.
It's cheaper on coins-e, I sold at the rate of 1k per 1XPM and last trade was 20k for 12 XMP  Cool

Mining is really very slow now comparing even to Monday. Now price at coins-e was near 0.3 XPM - not good, I think that people won't sell at this price soon and put sell orders higher. Will see...
legendary
Activity: 2674
Merit: 3000
Terminated.
July 24, 2013, 02:57:57 PM
I've also been buying up as much cheap quark as I can on coins-e in anticipation of cryptsy adding it.
So why didn't you, and others, buy from me? Again, I was the cheapest.

Lots of liars in this thread - first with the mining, now with the price.
Yeah duh, but the diff is high i assume a botnet or Amazon EC2.
It's cheaper on coins-e, I sold at the rate of 1k per 1XPM and last trade was 20k for 12 XMP  Cool
hero member
Activity: 874
Merit: 1000
July 24, 2013, 12:29:13 PM
If you want to sell QRK the best approach for right now is coins-e.com.  Hopefully cryptsy will start selling as well
sr. member
Activity: 441
Merit: 250
July 24, 2013, 06:50:11 AM
I've also been buying up as much cheap quark as I can on coins-e in anticipation of cryptsy adding it.
So why didn't you, and others, buy from me? Again, I was the cheapest.

Lots of liars in this thread - first with the mining, now with the price.

I dunno, maybe the buyers contacted me first seeing as how you were posting under my thread?
I don't think I sold many at the prices advertised. For high volumes I went well below what was on the page. Folks ain't going to bother sending you a pm if their offer was accepted by me first.
sr. member
Activity: 280
Merit: 250
July 24, 2013, 06:15:41 AM
I've also been buying up as much cheap quark as I can on coins-e in anticipation of cryptsy adding it.
So why didn't you, and others, buy from me? Again, I was the cheapest.

Lots of liars in this thread - first with the mining, now with the price.

sr. member
Activity: 441
Merit: 250
July 24, 2013, 06:07:47 AM
on coins-e it's undervalued.
No it's not. No one wants to buy it. NO ONE.
Proof: I tried to sell them at the simple condition that I would guarantee my prices to be lower than everyone else.
I sold about 2k out of 28k.
I got rid of my 26k by giving it away and even that took some time.
Dumm asumption.
I sold over 100k YUUUUUUUP @Dave  Cheesy

Indeed. I sold 300K of this coin already and for a decent rate too. I've also been buying up as much cheap quark as I can on coins-e in anticipation of cryptsy adding it. Either way I'm on top right now. Made a few btc off this coin already and I still have a big enough stash to not regret selling 300k cheap early on.

Think about it. If you spend 0.05BTC on this coin now and say it only reaches 1 cent in value a few months down the road. You have like 10-15k for that 0.05BTC you spent. 15000 cents is $150. Not bad for a $5 investment.

Dont forget the reward halves ever 60000 blocks. A few months from now these rewards are going to get pretty small. Thats when we'll see the value of this coin increase.
legendary
Activity: 2674
Merit: 3000
Terminated.
July 24, 2013, 05:53:00 AM
on coins-e it's undervalued.
No it's not. No one wants to buy it. NO ONE.
Proof: I tried to sell them at the simple condition that I would guarantee my prices to be lower than everyone else.
I sold about 2k out of 28k.
I got rid of my 26k by giving it away and even that took some time.
Dumm asumption.
I sold over 100k YUUUUUUUP @Dave  Cheesy
sr. member
Activity: 359
Merit: 250
July 24, 2013, 05:27:19 AM
on coins-e it's undervalued.
No it's not. No one wants to buy it. NO ONE.
Proof: I tried to sell them at the simple condition that I would guarantee my prices to be lower than everyone else.
I sold about 2k out of 28k.
I got rid of my 26k by giving it away and even that took some time.

You should expect this coin to closely follow the cost of electricity required to mine it. It's CPU, so cost of equipment is not a big factor - those mining likely already have equipment, so its a sunk cost. Also you need to factor in Botnet controllers who can mine at a lower cost (they're not paying for the equiment or the electric).

The potential for this coin is in 3 or 4 months time when supply starts to dry up. If it is useful for anything by then, it'll do very well.

It seems miners are trying to dump, or dumping if they're lucky, the coins right away and this is a poor decision they'll be regret about in the next months. Patience will bring more profit on QRK as it will on XPM.
legendary
Activity: 1470
Merit: 1030
July 24, 2013, 05:12:41 AM
on coins-e it's undervalued.
No it's not. No one wants to buy it. NO ONE.
Proof: I tried to sell them at the simple condition that I would guarantee my prices to be lower than everyone else.
I sold about 2k out of 28k.
I got rid of my 26k by giving it away and even that took some time.

You should expect this coin to closely follow the cost of electricity required to mine it. It's CPU, so cost of equipment is not a big factor - those mining likely already have equipment, so its a sunk cost. Also you need to factor in Botnet controllers who can mine at a lower cost (they're not paying for the equiment or the electric).

The potential for this coin is in 3 or 4 months time when supply starts to dry up. If it is useful for anything by then, it'll do very well.
sr. member
Activity: 280
Merit: 250
July 24, 2013, 04:43:01 AM
Quote
9 rounds of hashing from 6 hashing functions (blake, bmw, groestl, jh, keccak, skein)
What coin did that first?

Another coin was SIC or Sifcoin - from a russian creator. I don't know if it was the first.

But look at these params - Inflatocoin

https://cryptocointalk.com/topic/676-sifcoin-sic-information/

It goes to show that you can innovate, but if someone copy/pastes with better parameters, that coin will do better.

thanks, Way to many coins too keep track of.
legendary
Activity: 2674
Merit: 3000
Terminated.
July 24, 2013, 04:37:40 AM
Very interesting coin.

Any hopes for it to go to cryptsy?
Yeah hopefully, on coins-e it's undervalued.
member
Activity: 98
Merit: 10
July 24, 2013, 03:51:17 AM
Very interesting coin.

Any hopes for it to go to cryptsy?
sr. member
Activity: 371
Merit: 250
July 24, 2013, 03:22:16 AM
are there any bountys for an blockexplorer or something like that?
member
Activity: 84
Merit: 10
July 24, 2013, 03:07:47 AM

Quark does borrow hashing functions from SIC, but has significant differences:

1. Instead of 6 rounds of hashing, 9 rounds of hashing, with 3 of the rounds applying a random hash algorithm.
2. Different difficulty adjustment algorithm.
3. Different reward calculation algorithm.
4. Quark supports transaction comments (similar to Florin). This functionality will be exposed in the UI and RPC interface in a future release.


how about resolve problem sync with network?

Quark doesn't use IRC to find nodes. Instead it uses DNS lookup to a seed node. This node is frequently too busy to accept new connections.

Try posting your IP address here, opening your port and allowing other nodes to connect to you.
legendary
Activity: 1246
Merit: 1000
July 24, 2013, 02:57:34 AM

Quark does borrow hashing functions from SIC, but has significant differences:

1. Instead of 6 rounds of hashing, 9 rounds of hashing, with 3 of the rounds applying a random hash algorithm.
2. Different difficulty adjustment algorithm.
3. Different reward calculation algorithm.
4. Quark supports transaction comments (similar to Florin). This functionality will be exposed in the UI and RPC interface in a future release.


how about resolve problem sync with network?
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