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Topic: [ANN] SOV Sovereign SHA256 PoW/PoS No Premine LAUNCHED 10 JULY 2014 - page 5. (Read 25309 times)

hero member
Activity: 644
Merit: 500
the net hashes have really drop off now.still at 40 to 50 t/h but was way higher at launch.i want to mine this coin but i think it needs alittle tweaking.just something to fix difficulty and block time.guys dont forget its 100% PoS over a year which is really good if u can get just a few coins in walllet.than we will see some coins in circulation.it wont take 40 years lol.
hero member
Activity: 1778
Merit: 520
seems block 29 is really a hard nut to crack, the whole net is being stuck in there for more than 10 hours?

maybe i could expect some easy blocks coming through next.
LLLLOLLLL
hero member
Activity: 512
Merit: 500
★YoBit.Net★ 1400+ Coins Exchange
seems block 29 is really a hard nut to crack, the whole net is being stuck in there for more than 10 hours?

maybe i could expect some easy blocks coming through next.
member
Activity: 79
Merit: 10
sr. member
Activity: 434
Merit: 250
Raskul, could you look into if there is something stuck in the backend at block 29 (server or blockchain issue)?

yes it seems block 29 is stuck. i'll ask CG to investigate the issue.
apologies for the inconvenience.
legendary
Activity: 1372
Merit: 1022
Anarchy is not chaos.
Due to the nature of this coin, I would suggest a couple of things. One for the Dev team, and one for the miners.
On the mining side, I highly recommend using the balance option in your mining software. If the majority of us set it at a 1/3 balance, whilst mining something of more immediate profit with the other two thirds, the difficulty wouldn't get so crazy.

For the devs, consider making the coin merge minable. This would fit well with the long block times and overall goals.
member
Activity: 119
Merit: 10
Raskul, you are a talent
all miner experiment white mouse~~!
very good!!!
legendary
Activity: 1638
Merit: 1013
Raskul, could you look into if there is something stuck in the backend at block 29 (server or blockchain issue)?
full member
Activity: 154
Merit: 100
BTC = FREEDOM IS OUR ONLY HOPE!
......

1SOV. all you ever need.



why? I mined all night and didn't even get one!!! LOL

~ what is the purpose of this coin?

The purpose of this coin is to stay alive, long into the future, but this will depend, not on the coin itself, nor it's statistical algorithms but in the people who believe in it. it's been designed to be the toughest nut to crack. enjoy.




so just an experiment? right on: now i'm a rocket scientist...:-)
copper member
Activity: 1162
Merit: 1025
lets see have the exchange price the coin, coin aint worth shit waste of time, SVC? god.
full member
Activity: 161
Merit: 100
raskul can u help me a bit?

i have been mining on eliteminers.net for around 10 hours, was late 1 hour after launch. Sad
and my SOV Account Balance
Confirmed    0.000000
Unconfirmed    0.000000

and 1tera is pushing all that time....

can you help/explain me why and how?


thx.

P.S. i will dump them when they reach my imaginated price. same as zims.... and other coins. for zims that is 1zim=1$.
and for sov must be better then that.....Cheesy

Sovereigns are working as expected, there may be small tweaks that can be done with difficulty retargeting but I don't see a huge issue which needs addressing. It was actually meant to be like this, and my advisory has always been, mine 1SOV and move your ASICs on.

i can understand that you wana make hard to crack coin. but should not i see at least 0.0000001 unconfirmed coin? i know that there are some miners with ~ 0.1 sov buy now. and they have 1 tera as me..... but different pool.

so i was just asking is this pool ok? will i get that 1 sov at the end on this pool or should i move to another one?

are we elitminers stuck on one block that we will never finish or is it orphan? or some other prob?
or everything is working perfectly?

thx.
member
Activity: 119
Merit: 10
You're right raskul, I am a Chinese miner, is obsessed with money.
My 60T/HS monthly pay 43,000 yuan (about $ 7,000) electricity
There is no market for electronic coin let me go bankrupt if you are willing to pay for electricity for me, I will not ask coin prices.
I'm sorry, good luck.
sr. member
Activity: 434
Merit: 250
raskul can u help me a bit?

i have been mining on eliteminers.net for around 10 hours, was late 1 hour after launch. Sad
and my SOV Account Balance
Confirmed    0.000000
Unconfirmed    0.000000

and 1tera is pushing all that time....

can you help/explain me why and how?


thx.

P.S. i will dump them when they reach my imaginated price. same as zims.... and other coins. for zims that is 1zim=1$.
and for sov must be better then that.....Cheesy

Sovereigns are working as expected, there may be small tweaks that can be done with difficulty retargeting but I don't see a huge issue which needs addressing. It was actually meant to be like this, and my advisory has always been, mine 1SOV and move your ASICs on.
sr. member
Activity: 434
Merit: 250
I'm sorry raskul
you can wax lyrical as much as you want
but your arguments are bizare, flawed and make no sense

Any miner with half a brain will tell you
that its all very fine to have a coin that lasts fine

but the point of even having a coin is so that people will use it and support it

and quite frankly there is absolutly no incentive for anyone to mine this
people are what creates the coins value and not the coin,
and since the only people who will create that value for you are miners

then making sure that miners cannot even meet the minning costs seriously undermines the coin itself
and every single one of your arguments, as for you saying you only ever need one
then why 6.79 billion when only 5% of the world population will ever use this coin???

further for you to keep saying if you don't like it bugger off well thats what we will all do
no one will support a coin that miners themselves will not support

economy 101

miner + time + costs = value

no value = no miner

no miner = no coin

your whole premise is flawed and yes i'll stay away
and whats more i can guarentee you that everyone else will as well
unless they are either rich or raving loons
this is not a school project is it?


Aren't there enough coins out there already which do exactly the things you require in your above statement? in actual fact, many of them.
Yes, Sovereign is a tough nut to crack, and if you want to mine sovereigns, it'll be a challenge and a risk. No, this is not a school project.
full member
Activity: 161
Merit: 100
raskul can u help me a bit?

i have been mining on eliteminers.net for around 10 hours, was late 1 hour after launch. Sad
and my SOV Account Balance
Confirmed    0.000000
Unconfirmed    0.000000

and 1tera is pushing all that time....

can you help/explain me why and how?


thx.

P.S. i will dump them when they reach my imaginated price. same as zims.... and other coins. for zims that is 1zim=1$.
and for sov must be better then that.....Cheesy
sr. member
Activity: 1274
Merit: 265
I'm sorry raskul
you can wax lyrical as much as you want
but your arguments are bizare, flawed and make no sense

Any miner with half a brain will tell you
that its all very fine to have a coin that lasts fine

but the point of even having a coin is so that people will use it and support it

and quite frankly there is absolutly no incentive for anyone to mine this
people are what creates the coins value and not the coin,
and since the only people who will create that value for you are miners

then making sure that miners cannot even meet the minning costs seriously undermines the coin itself
and every single one of your arguments, as for you saying you only ever need one
then why 6.79 billion when only 5% of the world population will ever use this coin???

further for you to keep saying if you don't like it bugger off well thats what we will all do
no one will support a coin that miners themselves will not support

economy 101

miner + time + costs = value

no value = no miner

no miner = no coin

your whole premise is flawed and yes i'll stay away
and whats more i can guarentee you that everyone else will as well
unless they are either rich or raving loons
this is not a school project is it?
sr. member
Activity: 434
Merit: 250
Miners electronic coin bottom chain, without the support of the miners is very difficult to find investors.
Whether coins produced perfectly useless
Attract more miners mining, must have a good market price.

I see, get the coin on a exchange right away then you can sell all that you mine, right away.
that's not what this coin is here for, sorry.

Miners mining coins no money to support electricity can not pay. Unable to continue mining.
Does not require money, the most basic is to support electricity
euroepcoin just launched, there is trade.
https://www.bittrex.com/Market/?MarketName=BTC-ERC
SOV can log in trade, it is very popular.
Without the support of the market, but also scrap gold

miners who don't want to mine, mine something else  Wink
where did I ever say, 'this is the only coin to mine' ?

your ranting is weak and infatuated with making quick money.
i'll reiterate, that is not the purpose of this coin.

i wish you well.
member
Activity: 119
Merit: 10
Miners electronic coin bottom chain, without the support of the miners is very difficult to find investors.
Whether coins produced perfectly useless
Attract more miners mining, must have a good market price.

I see, get the coin on a exchange right away then you can sell all that you mine, right away.
that's not what this coin is here for, sorry.

Miners mining coins no money to support electricity can not pay. Unable to continue mining.
Does not require money, the most basic is to support electricity
euroepcoin just launched, there is trade.
https://www.bittrex.com/Market/?MarketName=BTC-ERC
SOV can log in trade, it is very popular.
Without the support of the market, but also scrap gold
sr. member
Activity: 434
Merit: 250
Miners electronic coin bottom chain, without the support of the miners is very difficult to find investors.
Whether coins produced perfectly useless
Attract more miners mining, must have a good market price.

I see, get the coin on a exchange right away then you can sell all that you mine, right away.
that's not what this coin is here for, sorry.
member
Activity: 119
Merit: 10
Miners electronic coin bottom chain, without the support of the miners is very difficult to find investors.
Whether coins produced perfectly useless
Attract more miners mining, must have a good market price.
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