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Topic: [ANN] Velocitycoin- Client Update 1.2.0- Important Update Immediately - page 15. (Read 58679 times)

full member
Activity: 182
Merit: 100
New exchange! We are listed on http://www.guogao.com/trade/VEL/
Don't stop, keep going!
legendary
Activity: 2156
Merit: 1070
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.
member
Activity: 112
Merit: 10
full member
Activity: 182
Merit: 100
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
full member
Activity: 150
Merit: 100
True to Decentralization
Not much activity/excitement for VEL...not too good for volume
member
Activity: 70
Merit: 10
can we please have a linux GPU MINING offering?!
legendary
Activity: 1148
Merit: 1001
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 Smiley

Would you share that sheet, please? I don't understand how do you integrate random size blocks into the calculations.
full member
Activity: 182
Merit: 100
Guys, if you have QQ account, help VEL! Vote here http://www.guogao.com/vote (DDOSed now, please check it in several hours).
member
Activity: 84
Merit: 10
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 Smiley

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

legendary
Activity: 994
Merit: 1000
Buy orders prices are very low, it's not real price
hero member
Activity: 518
Merit: 500
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 Smiley

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.
full member
Activity: 182
Merit: 100
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 Smiley

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?
hero member
Activity: 518
Merit: 500
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 Smiley

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
full member
Activity: 182
Merit: 100
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 Smiley
member
Activity: 112
Merit: 10
Does this coin also have a n factor? If so where can I find it?
hero member
Activity: 518
Merit: 500
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 $350, those estimations are way off on the mining pool for coin output per day.
full member
Activity: 182
Merit: 100
Yeah I just find out about this coin when it hit coinedup and I'm scratching my head why I was not mining it.. Look, for first 5000 blocks with 2450kh/s and 2 diff(I don't know how it was while people were mining it) You would make 350$ a day with current price...
hero member
Activity: 518
Merit: 500
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 Smiley 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
full member
Activity: 182
Merit: 100
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 Smiley well done!
hero member
Activity: 518
Merit: 500
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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