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Topic: [ANN][0.8.6] Hirocoin - X11 - NGW - Secured Blockchain - Time Warp Limitation - page 107. (Read 271652 times)

full member
Activity: 140
Merit: 100
Bored
There is no perfect way to launch a coin (as you saw with max coin that did everything they thought would be fair and at the time everyone agreed).
To be fair, if you wanna disregard benefits for early adopters, there is: DGW at launch and 12 hours of zero reward blocks. A few coins did it (gpuc first one to come in mind) and it was the smoothest (third) launch I've seen. Everything worked perfectly.
But it made it completely useless to be an early adopter, because by the time the zero reward blocks ended the difficulty was already extremely high so it was like jumping into an already established coin.
It depends on what's the dev's priority in the end, but there is indeed a perfect way to launch a coin smoothly.
But then it's an IPO and no reward mining. ..

I'm just saying, with this type of reward (which I find to be the best in the long run), you simply cannot start with 400 coins, and then a couple thousands... in litecoin days, yes. Now, it's on an exchange instantly and people are looking to turn a quick profit,  it would destroy the coin at launch.

But I see what you mean, I just don't see it fitting.
Well, there a patch that Credits coin is using: rising reward for the first month, then declining. Which means that despite the inability to instamine at launch, the reward would increase thus allowing the users who got in the first month to profit a lot.
It's quite a complicated issue, but the solutions are plenty.
hero member
Activity: 1036
Merit: 606
premine ?
Nope, but insta-mined to shits end. Just read the first couple of pages.
If you would actually read the first few pages, you would understand why more blocks were found early on. It has nothing to do with wanting to be instamined for profits. KGW only kicked in at 15000 block on purpose, one of those purpose being with a fixed reward like this, having only a couple thousand coins the first few weeks would have been very detrimental because of artificial inflation and would have subsequently led to a crash beyond recover.

Those coins have been traded many times already during this rise and is effectively a null point at this point.

Another one of the reasons is the coin would have had a way too unstable difficulty and make miners leave right away, creating even more instability.

This was a great launch.

Disclaimer : I started mining at block 20000.
Yea, because no one would EVER rape the coin for HOURS while the diff is 0.00002 due to the WILLFUL lack of a diff retarget implementation. As I mentioned in my earlirt posts, I was solo mining multiple blocks per minute for over an hour on a card with 1.1 MH/s. Had it not been for a ~95% orphan rate, I would have accumulated MILLIONS of HIRO with no effort at all. I can only imagine what others that did not have the latency isses must have accumulated.
MILLIONS of hiro.... there's 10 millions right now. So you would have accumulated  more than 20% with 1.1mhs? Nope. And everyone had orphans.

There is no perfect way to launch a coin (as you saw with max coin that did everything they thought would be fair and at the time everyone agreed). This coin was launched with a couple perks that will help it LAST LONG AND NOT DIE to the detriment of favoring early adopters slightly. And please tell me examples where early adopters aren't favored. Do you go crying at people who bought real estate before a city boom?

A certain supply had to be in circulation, it now is, and it's a super small portion of the total and it didn't go to 1 man. So I don't really know what you want. Or anyone that cries instamine.
For someone that has stated was not mining at launch you make a lot of assumptions as to what happened. The facts are the coin was purposely launched with essentially NO real diff adjustment until block 15,000, which means 6,000,000 coins were mined at the artificially low diff. You claim there are 10,000,000 coins now 60% of 10MIL is not a 'super small portion of the total' it means over half of the current total was mined at the artificial diff and you think that's fair to the people that are mining it now at diff 20+, just because they weren't here for the ninja launch of this coin?  Investing in real estate involves a substantial capital investment and risk, for most people the largest one they will ever make. How does that relate to insta-mining a coin that was created for the specific purpose of being insta-mined with the artificially low diff?
legendary
Activity: 1414
Merit: 1000
I'm getting a message saying work unnavailable from both forkpool and suchpool, anyone know what's going on? both pools show hashrate so I'm confused.
hero member
Activity: 658
Merit: 500
There is no perfect way to launch a coin (as you saw with max coin that did everything they thought would be fair and at the time everyone agreed).
To be fair, if you wanna disregard benefits for early adopters, there is: DGW at launch and 12 hours of zero reward blocks. A few coins did it (gpuc first one to come in mind) and it was the smoothest (third) launch I've seen. Everything worked perfectly.
But it made it completely useless to be an early adopter, because by the time the zero reward blocks ended the difficulty was already extremely high so it was like jumping into an already established coin.
It depends on what's the dev's priority in the end, but there is indeed a perfect way to launch a coin smoothly.
But then it's an IPO and no reward mining. ..

I'm just saying, with this type of reward (which I find to be the best in the long run), you simply cannot start with 400 coins, and then a couple thousands... in litecoin days, yes. Now, it's on an exchange instantly and people are looking to turn a quick profit,  it would destroy the coin at launch.

But I see what you mean, I just don't see it fitting.
sr. member
Activity: 406
Merit: 250
wtf guys, I have this message  on forkpool "worker is temporarily banned" ?
full member
Activity: 140
Merit: 100
Bored
There is no perfect way to launch a coin (as you saw with max coin that did everything they thought would be fair and at the time everyone agreed).
To be fair, if you wanna disregard benefits for early adopters, there is: DGW at launch and 12 hours of zero reward blocks. A few coins did it (gpuc first one to come in mind) and it was the smoothest (third) launch I've seen. Everything worked perfectly.
But it made it completely useless to be an early adopter, because by the time the zero reward blocks ended the difficulty was already extremely high so it was like jumping into an already established coin.
It depends on what's the dev's priority in the end, but there is indeed a perfect way to launch a coin smoothly.
full member
Activity: 140
Merit: 100
Bored
It's actually about the same right now. Right now you get about 0.01btc/mhs/day (based on scrypt speeds) mining hiro. Which is +/- 5% what you get with scrypt N.

Besides I am one of those that SCRYPT N killed GPUs.  So X11 is where I'm at even if it's -5% and not +5%.
Hmm, I'm getting around 0.007btc/mh/d on Hiro.  Huh
hero member
Activity: 658
Merit: 500
premine ?
Nope, but insta-mined to shits end. Just read the first couple of pages.
If you would actually read the first few pages, you would understand why more blocks were found early on. It has nothing to do with wanting to be instamined for profits. KGW only kicked in at 15000 block on purpose, one of those purpose being with a fixed reward like this, having only a couple thousand coins the first few weeks would have been very detrimental because of artificial inflation and would have subsequently led to a crash beyond recover.

Those coins have been traded many times already during this rise and is effectively a null point at this point.

Another one of the reasons is the coin would have had a way too unstable difficulty and make miners leave right away, creating even more instability.

This was a great launch.

Disclaimer : I started mining at block 20000.
Yea, because no one would EVER rape the coin for HOURS while the diff is 0.00002 due to the WILLFUL lack of a diff retarget implementation. As I mentioned in my earlirt posts, I was solo mining multiple blocks per minute for over an hour on a card with 1.1 MH/s. Had it not been for a ~95% orphan rate, I would have accumulated MILLIONS of HIRO with no effort at all. I can only imagine what others that did not have the latency isses must have accumulated.
MILLIONS of hiro.... there's 10 millions right now. So you would have accumulated  more than 20% with 1.1mhs? Nope. And everyone had orphans.

There is no perfect way to launch a coin (as you saw with max coin that did everything they thought would be fair and at the time everyone agreed). This coin was launched with a couple perks that will help it LAST LONG AND NOT DIE to the detriment of favoring early adopters slightly. And please tell me examples where early adopters aren't favored. Do you go crying at people who bought real estate before a city boom?

A certain supply had to be in circulation, it now is, and it's a super small portion of the total and it didn't go to 1 man. So I don't really know what you want. Or anyone that cries instamine.
hero member
Activity: 1036
Merit: 606
premine ?
Nope, but insta-mined to shits end. Just read the first couple of pages.
If you would actually read the first few pages, you would understand why more blocks were found early on. It has nothing to do with wanting to be instamined for profits. KGW only kicked in at 15000 block on purpose, one of those purpose being with a fixed reward like this, having only a couple thousand coins the first few weeks would have been very detrimental because of artificial inflation and would have subsequently led to a crash beyond recover.

Those coins have been traded many times already during this rise and is effectively a null point at this point.

Another one of the reasons is the coin would have had a way too unstable difficulty and make miners leave right away, creating even more instability.

This was a great launch.

Disclaimer : I started mining at block 20000.
Yea, because no one would EVER rape the coin for HOURS while the diff is 0.00002 due to the WILLFUL lack of a diff retarget implementation. As I mentioned in my earlirt posts, I was solo mining multiple blocks per minute for over an hour on a card with 1.1 MH/s. Had it not been for a ~95% orphan rate, I would have accumulated MILLIONS of HIRO with no effort at all. I can only imagine what others that did not have the latency issues must have accumulated.
hero member
Activity: 658
Merit: 500
Guys, when you see DRKcoin people talking about... Hirocoin, you know something is happening:
https://bitcointalk.org/index.php?topic=421615.11040

Being a miner, I don't see myself off of X11 - no noise, no heat, no breakdowns, more profit, less energy. What else?

I'm sure many of the darkcoin miners will be jumping ship soon after they realize that this is getting more profitable and the block reward doesn't decrease with the increase in hashpower.
You can expect a portion of drk miners to do that, but above alll, hirocoin is a better destination to the gradually and exponentially increasing number of scrypt miners switching to X11. One of the reason being, you are spot on, a proved and more fair reward algorithm.

Nice hashpower by you on suprnova, btw. Cheesy How many gpu's are that?
Those are probably around 30 R9 290. A small part of my farm, the rest is solo mining for now.

Jesus Cheesy getting any blocks on the solomining?
yeah, I even find blocks fairly often with what I have on the pool (as per pool stats). Gonna switch them all soon though. Just didn't get to it.
hero member
Activity: 658
Merit: 500
Holy shit, getting 2.7MH/s on a single r9 290 overclocked to 1100/1300, cruising at 62°C AND IT'S SILENT!!!  Shocked

Welcome to Hirocoin !
Holy shit, getting 2.7MH/s on a single r9 290 overclocked to 1100/1300, cruising at 62°C AND IT'S SILENT!!!  Shocked


And save energy 40%  Grin Grin

It's far less profitable than ScryptN coins like Spain or Roto, but goddammit I love the silence, the lower power consumption and the lack of heat!  Grin
It's actually about the same right now. Right now you get about 0.01btc/mhs/day (based on scrypt speeds) mining hiro. Which is +/- 5% what you get with scrypt N.

Besides I am one of those that SCRYPT N killed GPUs.  So X11 is where I'm at even if it's -5% and not +5%.
hero member
Activity: 588
Merit: 500
Will Bitcoin Rise Again to $60,000?
Guys, when you see DRKcoin people talking about... Hirocoin, you know something is happening:
https://bitcointalk.org/index.php?topic=421615.11040

Being a miner, I don't see myself off of X11 - no noise, no heat, no breakdowns, more profit, less energy. What else?

I'm sure many of the darkcoin miners will be jumping ship soon after they realize that this is getting more profitable and the block reward doesn't decrease with the increase in hashpower.
You can expect a portion of drk miners to do that, but above alll, hirocoin is a better destination to the gradually and exponentially increasing number of scrypt miners switching to X11. One of the reason being, you are spot on, a proved and more fair reward algorithm.

Nice hashpower by you on suprnova, btw. Cheesy How many gpu's are that?
Those are probably around 30 R9 290. A small part of my farm, the rest is solo mining for now.

Jesus Cheesy getting any blocks on the solomining?
hero member
Activity: 658
Merit: 500
Guys, when you see DRKcoin people talking about... Hirocoin, you know something is happening:
https://bitcointalk.org/index.php?topic=421615.11040

Being a miner, I don't see myself off of X11 - no noise, no heat, no breakdowns, more profit, less energy. What else?

I'm sure many of the darkcoin miners will be jumping ship soon after they realize that this is getting more profitable and the block reward doesn't decrease with the increase in hashpower.
You can expect a portion of drk miners to do that, but above alll, hirocoin is a better destination to the gradually and exponentially increasing number of scrypt miners switching to X11. One of the reason being, you are spot on, a proved and more fair reward algorithm.

Nice hashpower by you on suprnova, btw. Cheesy How many gpu's are that?
Those are probably around 30 R9 290. A small part of my farm, the rest is solo mining for now.
hero member
Activity: 658
Merit: 500
premine ?
Nope, but insta-mined to shits end. Just read the first couple of pages.
If you would actually read the first few pages, you would understand why more blocks were found early on. It has nothing to do with wanting to be instamined for profits. KGW only kicked in at 15000 block on purpose, one of those purpose being with a fixed reward like this, having only a couple thousand coins the first few weeks would have been very detrimental because of artificial inflation and would have subsequently led to a crash beyond recover.

Those coins have been traded many times already during this rise and is effectively a null point at this point.

Another one of the reasons is the coin would have had a way too unstable difficulty and make miners leave right away, creating even more instability.

This was a great launch.

Disclaimer : I started mining at block 20000.
hero member
Activity: 756
Merit: 500
Any experiance with 7990 GPU ?

I can´t get out more than 4 GH. Another user in the DRK section get´s aout 4.4 GH.

On Scrypt i can get 1.4 GH with HD 7990
MH or GH?

MH :-)
full member
Activity: 140
Merit: 100
Bored
Holy shit, getting 2.7MH/s on a single r9 290 overclocked to 1100/1300, cruising at 62°C AND IT'S SILENT!!!  Shocked

Welcome to Hirocoin !
Holy shit, getting 2.7MH/s on a single r9 290 overclocked to 1100/1300, cruising at 62°C AND IT'S SILENT!!!  Shocked


And save energy 40%  Grin Grin

It's far less profitable than ScryptN coins like Spain or Roto, but goddammit I love the silence, the lower power consumption and the lack of heat!  Grin
full member
Activity: 128
Merit: 100
Hey, is there a x11 miner for us NVIDIA guys?
hero member
Activity: 1036
Merit: 606
premine ?
Nope, but insta-mined to shits end. Just read the first couple of pages.
hero member
Activity: 588
Merit: 500
Will Bitcoin Rise Again to $60,000?
Guys, when you see DRKcoin people talking about... Hirocoin, you know something is happening:
https://bitcointalk.org/index.php?topic=421615.11040

Being a miner, I don't see myself off of X11 - no noise, no heat, no breakdowns, more profit, less energy. What else?

I'm sure many of the darkcoin miners will be jumping ship soon after they realize that this is getting more profitable and the block reward doesn't decrease with the increase in hashpower.
You can expect a portion of drk miners to do that, but above alll, hirocoin is a better destination to the gradually and exponentially increasing number of scrypt miners switching to X11. One of the reason being, you are spot on, a proved and more fair reward algorithm.

Nice hashpower by you on suprnova, btw. Cheesy How many gpu's are that?
member
Activity: 95
Merit: 10
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