New exchange! We are listed on http://www.guogao.com/trade/VEL/
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Topic: [ANN] Velocitycoin- Client Update 1.2.0- Important Update Immediately - page 15. (Read 58684 times)
January 10, 2014, 06:16:26 AM
January 09, 2014, 09:27:54 PM
Not much activity/excitement for VEL...not too good for volume
Actually VelocityCoin has had MORE volume and has sustained its initial price better than any new coin launched on CoinedUp to date.
For comparison. QQC crashed down 75% of what it started trading at, which was already 20% less than what it was trading for on this forum prior to CoinedUp.
VelocityCoin however is currently trading HIGHER on Coinedup than it was initially priced. This is with a small user base on CoinedUp.
Once this coin gets on the Chinese exchanges it will be game over for cheap coins.
January 09, 2014, 08:13:47 PM
Any calculators?
January 09, 2014, 07:50:00 PM
how come when im mining on a pool it says tht i'll make say 500k a day but when I actually start ming I get 80% under that... on all pools
January 09, 2014, 03:29:56 PM
Not much activity/excitement for VEL...not too good for volume
January 09, 2014, 02:58:40 PM
can we please have a linux GPU MINING offering?!
January 09, 2014, 11:30:21 AM
Yeah I just find out about this coin when it hit coinedup and I'm scratching my head why I was not mining it.. Look, for first 5000 blocks with 2450kh/s and 2 diff(I don't know how it was while people were mining it) You would make 350$ a day with current price...
Only the early miners will be making the profits and all the late miner are losing profits or making minimal profits at the current exchange rate. More like $35 than $350, those estimations are way off on the mining pool for coin output per day.
I never calculate reward based on pool estimates. I always do it manually based on variables with excel sheet and it's accurate
Would you share that sheet, please? I don't understand how do you integrate random size blocks into the calculations.
January 09, 2014, 10:42:51 AM
Guys, if you have QQ account, help VEL! Vote here http://www.guogao.com/vote (DDOSed now, please check it in several hours).
January 09, 2014, 09:21:08 AM
Yeah I just find out about this coin when it hit coinedup and I'm scratching my head why I was not mining it.. Look, for first 5000 blocks with 2450kh/s and 2 diff(I don't know how it was while people were mining it) You would make 350$ a day with current price...
Only the early miners will be making the profits and all the late miner are losing profits or making minimal profits at the current exchange rate. More like $35 than $350, those estimations are way off on the mining pool for coin output per day.
I never calculate reward based on pool estimates. I always do it manually based on variables with excel sheet and it's accurate
You would think it would be simple to implement in the software for the pools, guess they are lazy to do it and worried about profits...lol....I calculated that I would only get 480 to 520 coins per day with 1700 kh/s, certainly not profitable. I'm better off mining LOT at the moment than VEL...LOL
What about CPU mining? Is it profitable? Is scrypt-jane cpu friendly?
Should be. Last two coins I mined with my cpus was TIX and CPR, both are Scrypt Jane. You just need to download the cpu miner for VEL.
Yes link http://velocitycoin.com/forum/index.php?topic=102.0
Poll is live here. https://bitcointalksearch.org/topic/velocity-coin-logo-you-decide-406855
January 09, 2014, 05:42:58 AM
Buy orders prices are very low, it's not real price
January 09, 2014, 05:37:18 AM
Yeah I just find out about this coin when it hit coinedup and I'm scratching my head why I was not mining it.. Look, for first 5000 blocks with 2450kh/s and 2 diff(I don't know how it was while people were mining it) You would make 350$ a day with current price...
Only the early miners will be making the profits and all the late miner are losing profits or making minimal profits at the current exchange rate. More like $35 than $350, those estimations are way off on the mining pool for coin output per day.
I never calculate reward based on pool estimates. I always do it manually based on variables with excel sheet and it's accurate
You would think it would be simple to implement in the software for the pools, guess they are lazy to do it and worried about profits...lol....I calculated that I would only get 480 to 520 coins per day with 1700 kh/s, certainly not profitable. I'm better off mining LOT at the moment than VEL...LOL
What about CPU mining? Is it profitable? Is scrypt-jane cpu friendly?
Should be. Last two coins I mined with my cpus was TIX and CPR, both are Scrypt Jane. You just need to download the cpu miner for VEL.
January 09, 2014, 05:21:09 AM
Yeah I just find out about this coin when it hit coinedup and I'm scratching my head why I was not mining it.. Look, for first 5000 blocks with 2450kh/s and 2 diff(I don't know how it was while people were mining it) You would make 350$ a day with current price...
Only the early miners will be making the profits and all the late miner are losing profits or making minimal profits at the current exchange rate. More like $35 than $350, those estimations are way off on the mining pool for coin output per day.
I never calculate reward based on pool estimates. I always do it manually based on variables with excel sheet and it's accurate
You would think it would be simple to implement in the software for the pools, guess they are lazy to do it and worried about profits...lol....I calculated that I would only get 480 to 520 coins per day with 1700 kh/s, certainly not profitable. I'm better off mining LOT at the moment than VEL...LOL
What about CPU mining? Is it profitable? Is scrypt-jane cpu friendly?
January 09, 2014, 04:52:41 AM
Yeah I just find out about this coin when it hit coinedup and I'm scratching my head why I was not mining it.. Look, for first 5000 blocks with 2450kh/s and 2 diff(I don't know how it was while people were mining it) You would make 350$ a day with current price...
Only the early miners will be making the profits and all the late miner are losing profits or making minimal profits at the current exchange rate. More like $35 than $350, those estimations are way off on the mining pool for coin output per day.
I never calculate reward based on pool estimates. I always do it manually based on variables with excel sheet and it's accurate
You would think it would be simple to implement in the software for the pools, guess they are lazy to do it and worried about profits...lol....I calculated that I would only get 480 to 520 coins per day with 1700 kh/s, certainly not profitable. I'm better off mining LOT at the moment than VEL...LOL
January 09, 2014, 04:46:33 AM
Yeah I just find out about this coin when it hit coinedup and I'm scratching my head why I was not mining it.. Look, for first 5000 blocks with 2450kh/s and 2 diff(I don't know how it was while people were mining it) You would make 350$ a day with current price...
Only the early miners will be making the profits and all the late miner are losing profits or making minimal profits at the current exchange rate. More like $35 than $350, those estimations are way off on the mining pool for coin output per day.
I never calculate reward based on pool estimates. I always do it manually based on variables with excel sheet and it's accurate
January 09, 2014, 04:34:03 AM
Does this coin also have a n factor? If so where can I find it?
January 09, 2014, 04:31:01 AM
Yeah I just find out about this coin when it hit coinedup and I'm scratching my head why I was not mining it.. Look, for first 5000 blocks with 2450kh/s and 2 diff(I don't know how it was while people were mining it) You would make 350$ a day with current price...
Only the early miners will be making the profits and all the late miner are losing profits or making minimal profits at the current exchange rate. More like $35 than $350, those estimations are way off on the mining pool for coin output per day.
January 09, 2014, 04:25:19 AM
Yeah I just find out about this coin when it hit coinedup and I'm scratching my head why I was not mining it.. Look, for first 5000 blocks with 2450kh/s and 2 diff(I don't know how it was while people were mining it) You would make 350$ a day with current price...
January 09, 2014, 04:16:01 AM
currently with WU 2450kh/s You would mine 448.05 coins per day which makes it not profitable at all. I guess everyone will dump and move to new coin. Price will not increase because even with current price, people who were mining it first are getting sick ammounts of money well done!
well done!Wish I start when the rewards were high. LOL
It's not profitable at all at the moment. For a coin being rarer than LTC and 3x more than BTC, the going price rate is sad in comparison at coinedup...
Pools don't seem to get their estimation on coin output right and/or adjust for rewards changes, that doesn't help and misleads people, when they are only making 1/10th to 1/100th of the estimate, that's nothing close to the estimations they show on the pools...LOL
January 09, 2014, 04:09:33 AM
currently with WU 2450kh/s You would mine 448.05 coins per day which makes it not profitable at all. I guess everyone will dump and move to new coin. Price will not increase because even with current price, people who were mining it first are getting sick ammounts of money well done!
well done! January 09, 2014, 04:05:21 AM
whaty is the reward per block atm? 20 VEC?
Yes, until 250,001, when it will be less.
Seems like the vcc.altexc.com pool estimates are really off for how many coins are going to be mined. Maybe 100 times off.
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