I think we broke records , 2 of them, hopefully ocminer can confirm as they are on his pool.
I can confirm.. Its quite amazing.. Maybe I should start a SHA256 Multipool if so much mining power comes in
Currently we're so fast, that lots of orphans still occur as the diff is still quite low.. So much power at the moment is definitely not needed, maybe in 12 hours when diff has adjusted
I think within 12 hours poW is finish right?
This coin has all the characteristics for making certain few people rich.
The messed-up diff that is not adjusting fast enough, even after half a day trying to catch up, the diff rise is still pegged to a designed low increase and the blocks are coming in as fast as the miners can reload - not even limited by hash power which is beyond bounds for such a young launch, so this resembles "insta-mine" for a happy few. Heck, the switch to PoS was set to be after block 25,000 and the half-minute block time (if I am not mistaken - it is not specified in the OP) should mean a PoW period of almost 9 days. But the dev already
knew that he had messed up the diff rise, so he already chose to say that the PoS launch would be the next day! Now that deadline is even too far out, because this coin is only about 10 hours old and we are nearing block 25,000.
The info available for set up a miner is minimal, all I could do was download the wallet and early on when the hash was showing that it was extremely low, I tried cpu mining in my wallet. The mining worked and after a night of running full bore, I have 1 transaction
according to the wallet - bet there are no coins in my wallet ?!?!? Questionable that.
For all that are not heavily invested in this coin, I can only advise to stay away.
For those who have invested - I hope that you are not bag holders within no time when the insta-miners are dumping to get their profit out.
Sorry - if a coin is properly launched and has a decent period for all to gather coins and set up miners in time, but this last-minute posting of a launch literally at the same moment that the coin is launched and no time or info to setup anything and then find out that there are
pools running with hundreds of Terahash? It might just as well be a giveaway of all coins to one person - the result is that it is no a DE-centralised currency and I judge the value minimal. But that is just my opinion and therefor, I am out.
i dont see what your whining about really, most of my sha gear was rented out so i dug out an old antminer u1 (1.6 ghz) and solomined about 14 blocks an hour after launch. ninja launch is ninja launch man, some of us have notifications for this section turned on not to miss anything, some of us would rather whine after the fact but whatever you live with your decisions not me. The only thing about all this that i dont like is staking is going to start while alot of people have their coins tied up on the pool, so they will have to wait for their coins to mature before they get in on that. If you want to bitch. bitch about that. bitching about a ninja launch is like bitching that no one told you a coin was going to rocket before hand, its a waste of time.
Inflation anyone?