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Topic: [ANN] Zoom - ASIC Resistant Cryptocurrency - page 14. (Read 35009 times)

hero member
Activity: 756
Merit: 500
New wallet coming in the next few days plus lead Dev working on an Android App
full member
Activity: 812
Merit: 100
www.cd3d.app
the coin is zoom ? zoom in or zoom out Huh Huh
newbie
Activity: 42
Merit: 0
Several days ago I went to coin.mx and paid for $500 worth of Bitcoin on my credit card. LUCKILY I immediately sent it to my Bleutrade account because within a few hours they were on the news because the owners were arrested and the site was shut down. Had I left my Bitcoin on that exchange I would have lost it all.

I then immediately purchased a lot of Zoom and sent it to a wallet I keep offline. It is RISKY to buy Bitcoin and therefore risky to buy Zoom. I don't trust exchanges for any longer than I have to. I would much rather get my Zoom from mining.

Apparently it is easy to get Zoom from mining since it is being dumped on the market. I think that miners who are dumping so much Zoom on the market might find appreciation for their hobby (apparently that is what some want) when they move on to a different crypto. It is extremely ignorant to expect us to appreciate their efforts when they are making no personal investment into Zoom.

It would be awesome if somebody would teach how to mine Zoom so those of us who want to invest in Zoom can and those who want to mine and dump can move on.
newbie
Activity: 42
Merit: 0
Let me clarify what it is that I want. I want to know how to mine Zoom on my computer.

If I need more hash rate, I'll worry about that LATER.

If I want to rent rigs, I'll worry about that LATER.

If I want to know about a better way to invest in Zoom, I'll worry about that LATER.

I'm asking for how to set up my computer/laptop to mine Zoom. I don't even care if I actually get any Zoom from the mining. Just get me to the part where I am mining Zoom. I already have a large stake of Zoom so I don't need the actual Zoom right now. I need to know how to set up my computer to mine Zoom. That's all.

Thank you Smiley

P.S. If you see this posting in the future and nobody has responded with instructions on how to mine Zoom then please just post some instructions. You don't have to ask me. Other people might also like to know how to mine Zoom. Thanks.
newbie
Activity: 42
Merit: 0


In order to mine this coin you need to have a mining rig with a bunch of graphics cards (it is possible to do with your laptops CPU, but extremely inefficient). I have quoted the OP below with links for the mining software needed.

Alternately you can rent a rig for bitcoin at https://www.miningrigrentals.com/rigs/lyra2re



How do you rent rigs to mine coins if you don't know how to mine coins? Let's get to the mining coins first then we can discuss all the advice stuff that you are assuming I'm not aware of.

Do you still need help to mine?

I know it is hard to start because there is not a step by step tutorial.

Yes. That would be great. I have no idea why this is so difficult for people to explain.
hero member
Activity: 756
Merit: 500
I have 2.70 MH/s of hashrate and can earn about 5 zoom every day.  Smiley Smiley Smiley

Dev, can I help you with something?


unless you want to run the twitter account
full member
Activity: 170
Merit: 100
I have 2.70 MH/s of hashrate and can earn about 5 zoom every day.  Smiley Smiley Smiley

Dev, can I help you with something?

sr. member
Activity: 266
Merit: 250
Great coin, thanks dev for made it! It as great potential and not rush ...... Wink Wink Wink
hero member
Activity: 756
Merit: 500
I know between mining now and again and buying cheap I have over 3000 of own and when I get up in about 5 hours if that cheap 600 is still there I will have them.Been spending the last couple of days when i feel up to it building a site like shapeshifter and another one like BTCLend hope to incorporate them into Zoom Coins Inc WHEN i finally finish them
newbie
Activity: 51
Merit: 0
And it does not matter if you have one miner or 50,the same amount of coins will be mined....

I would argue that if more people (or at least more hash power) was mining this coin the price would go up. This would be due to the fact that those miners dumping would need to sell at a higher price to make any sort of profit.

Once we get to block 500002 and the block reward halves we should see a similar effect.

I say all this as a miner (mining this coin from day one) that is holding the vast majority of what he has mined (i have sold less then 5% of what i have mined), and is happy with the lack of other miners ATM (means more coins for me), but likes this coin.

hero member
Activity: 756
Merit: 500
Ps time for bed here,but if those cheap coins are still on Bleutrade when I get up I am buying them,will give some of the non miners a chance to get some first before I sweep them up.Whoever is selling those are just crazy or miners just dumping the weekends total.
hero member
Activity: 756
Merit: 500
If we raised money through shares and maybe without, I think a lending club would be good.Loans backed up by collateral be it Zoom coins or other crypto would have to be thought out carefully and Altbitex exchange to take credit cards and debit cards to fund account.See Zoom is not just a coin but a growing business
hero member
Activity: 756
Merit: 500
And it does not matter if you have one miner or 50,the same amount of coins will be mined just divided by how many mine the  coin.Once the price stabilizes as the coins gets rarer,(I have bought 3400 and wont be a seller this summer)I may consider other exchanges.Theres two other options Zoom  Coins now has bought Altbitex .com outright,I paid for it in Cash and BTC and it will come online shortly trading in about 5 coins,and of course you can offer parcels of coins for sale on here commission free and escrowed by one of the Dev team naming your price.As the coins get rarer wont be easy to sell say 500 at a specific price but you could here.There are quite a few people who would buy 500 at a time including myself.
Zoom Coins Inc actually owns a few things and we are working on building or buying businesses outside the Crypto world that are or could be profitable,and later on this year considering Zoom shares giving you a piece of ownership of the business and Coin, that pays a monthly dividend but thats still in the melting pot.We are just at the start of a long road to profitability and you should want to be in on the ground floor.
If we do that the amount of shares you can buy will be linked to the number of coins you own.The proceeds would allow us to expand Zoom by buying more assets giving you more profit sharing.
hero member
Activity: 756
Merit: 500
Any chance this coin will get listed on Bittrex?
#

Well I had high hopes but not prepared to spend $600 for people just to dump at any price

The extra volume that bittrex has could lead to more buyers, or more miners. Either or which could cause the price to increase.


As for the $600 it takes to get listed on bittrex, from what i understand bittrex doesnt ask for BTC in order to be listed. But a scammer has been impersonating bittrex/bittrex-richie asking for BTC to get coins listed. (Source: GreedDev - http://pastebin.com/6zfXBRAC)



Every exchange charges one way or another including Bleutrade (they call it a donation) Bittrex charges 2BTC this I can assure you
newbie
Activity: 51
Merit: 0
Any chance this coin will get listed on Bittrex?
#

Well I had high hopes but not prepared to spend $600 for people just to dump at any price

The extra volume that bittrex has could lead to more buyers, or more miners. Either or which could cause the price to increase.


As for the $600 it takes to get listed on bittrex, from what i understand bittrex doesnt ask for BTC in order to be listed. But a scammer has been impersonating bittrex/bittrex-richie asking for BTC to get coins listed. (Source: GreedDev - http://pastebin.com/6zfXBRAC)


hero member
Activity: 756
Merit: 500
Any chance this coin will get listed on Bittrex?
#

Well I had high hopes but not prepared to spend $600 for people just to dump at any price
hero member
Activity: 525
Merit: 510
Any chance this coin will get listed on Bittrex?
hero member
Activity: 756
Merit: 500
I cant believe the price some miners are dumping there Zoom at,anybody else wants to sell at 0.00041 PM me.Dont care if its 10 or 1000 I will buy them
newbie
Activity: 51
Merit: 0
... The network hash rate has now dropped by 50%. ....  So, there are 50% less coins being generated and makes it even more rare.

Thats not how mining works. The block reword stays the same regardless of how much hash power is mining the coin. If the hash rate dropped by 50% it means that those left mining now get double the coins  they did before for the same amount of hash power (once the difficulty adjusts).
hero member
Activity: 546
Merit: 500
Could not Mine by Any command Lines , please someone write commands .
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