Topic: [🚀][ANN][Aurum Project] 💠 Xᴀᴜʀᴜᴍ 💠 ▲1 XAUR = 0.000426686186 g gold▲ - page 41. (Read 111343 times)
June 03, 2015, 10:57:41 PM
Is there any timeline when goldmine is going to be done with testing and up and running?
June 03, 2015, 07:20:04 PM
Thank you for information. Kind very. 
May 31, 2015, 02:54:11 PM
Coinage
Xaurum is coined out of a Proof of Stake blockchain, with starting 0.01% yearly inflation. 1016 of coins were sold on ICO by Auresco Institute, 1016 of 1g 999.9 certified gold was bought, below EU retail prices. This way 1016 usable coins, 100% backed by gold are created, a golden foundation on which we build. 998,984 of the coins will be mineable at goldmine, our PoS multipool, making the total of coins in exchange 1,000,000 when all are mined. 90% of the coins will serve as guardian nodes, running on secure severs transparently, and will never enter exchange.
Time required for the acquisition of gold reserves is 2-4 weeks, time needed for shipping 3-7 days.
Guardian nodes
90% of all blocks are mined by the guardian nodes and collect 90% of all transaction fees and 90% of stakes.
All of the fees collected by the guardian nodes are distributed to the Commonwealth wallet, the stake reward of users that enter exchange, are backed with gold and
guardian stakes are added to mining. Transaction fees and % of inflation are determined by the users collectively, for this purpose, a in-wallet voting system will be developed.
Summary
- First crypto representative commodity money
- 1,000,000 XAU in exchange (10,000 ICO, 990,000 mineable)
- 9,000,000 XAU in guardian nodes
- Commonwealth (from guardian nodes and goldmine)
- Gold reserves (from ICO and Commonwealth)
90% of the Xaurum network will not be used as coins, but as guardian nodes (staking, collecting stakes and fees to protect and increase the value of all the network).
Currently there is 1025,045014 xaurum in circulation. We'll need to develop a ticker for new xau entering circulation, but currently all our effort is dedicated to the multipool.
May 30, 2015, 02:10:04 PM
http://coinmarketcap.com/currencies/xaurum/ shows 1016 XAU. Your wallet it has "moneysupply" : 10000157.84254544. Where 9999000 XAU is now? A lot of XAU somewhere or I don't understand much this coin. 
May 25, 2015, 11:09:45 AM
We're starting testing the new pool this week.
May 18, 2015, 05:59:29 PM
a question how much is the staking reward aproxamiltly?
It is 0.001 % per year when all xaurum will be in exchange (1mil).
May 18, 2015, 02:39:03 PM
a question how much is the staking reward aproxamiltly?
May 14, 2015, 03:41:39 AM
I've paid ~0.04 btc for rig rental and I got 0.0451 XAU (~0.027 btc) in return.
I was one of the first multipool scrypt miners, I guess it wasn't worth it.
When the automatic multipool arrive I'll try it again.
Please send a private message, including the address you mined from and the btc invested, to Aurum Project, so we can double-check and you'll be added to our Auresco backup fund, and compensated from the profits of the Institute. Thanks for your patience. I was one of the first multipool scrypt miners, I guess it wasn't worth it.
When the automatic multipool arrive I'll try it again.
May 13, 2015, 06:00:54 PM
I've paid ~0.04 btc for rig rental and I got 0.0451 XAU (~0.027 btc) in return.
I was one of the first multipool scrypt miners, I guess it wasn't worth it.
When the automatic multipool arrive I'll try it again.
I was one of the first multipool scrypt miners, I guess it wasn't worth it.
When the automatic multipool arrive I'll try it again.
May 13, 2015, 05:56:33 PM
2 questions:
1) Is it possible to solo mine this coin? (if so, how? I have Antminer S1's)
and
2) Any ETA on when we can expect the new pool to be live?
1) Is it possible to solo mine this coin? (if so, how? I have Antminer S1's)
and
2) Any ETA on when we can expect the new pool to be live?
1) No, its PoS, the multipool is hashing other coins, selling them, buying xaurum.
2) No ETA just yet.
May 13, 2015, 02:33:49 PM
2 questions:
1) Is it possible to solo mine this coin? (if so, how? I have Antminer S1's)
and
2) Any ETA on when we can expect the new pool to be live?
1) Is it possible to solo mine this coin? (if so, how? I have Antminer S1's)
and
2) Any ETA on when we can expect the new pool to be live?
May 12, 2015, 05:15:38 PM
For about 0.05 btc of mining I got about 0.13 XAU
If you get 0,13 XAU for 0,5 BTC of mining, then there is really no need to adjust the stats in any way. The profitability is extraordinary.
Agree?
Agree?
No I don't!
6x A2 Terminator 90MH/s ---> 485MH/s, 11 hours from block 120 - 1200
Total: 0.01427 XAU
I'm not sure what to think. Did someone add 1 zero too many behind dot by manual payment creation or hashrate was not evaluated by same criteria for all miners?
We mined at a heavy loss after the first payout, if you feel you made a loss with btc invested, send a private message, including the address you mined from and the btc invested, to Aurum Project, so we can double-check and you'll be added to our Auresco backup fund, and compensated from the profits of the Institute.
Payouts are done.
We have mined 7,76644 of new Xaurum. We now have 1025,045014 of total Xaurum money supply, and now each coin is additionaly backed by 0,006187743 g of gold. This means every Xaurum is now worth 1,008155151 g of gold, and can be melted at this ratio.
When will the pool? there are plans, or abandoned?We have mined 7,76644 of new Xaurum. We now have 1025,045014 of total Xaurum money supply, and now each coin is additionaly backed by 0,006187743 g of gold. This means every Xaurum is now worth 1,008155151 g of gold, and can be melted at this ratio.
We'll develop a fully automatic pool as soon as possible. We need to develop some new software, as we need some unique features. Now that we see how well our idea works in practice, and how fast the backing is, everything is a lot easier.
May 12, 2015, 01:27:22 PM
Payouts are done.
We have mined 7,76644 of new Xaurum. We now have 1025,045014 of total Xaurum money supply, and now each coin is additionaly backed by 0,006187743 g of gold. This means every Xaurum is now worth 1,008155151 g of gold, and can be melted at this ratio.
When will the pool? there are plans, or abandoned? We have mined 7,76644 of new Xaurum. We now have 1025,045014 of total Xaurum money supply, and now each coin is additionaly backed by 0,006187743 g of gold. This means every Xaurum is now worth 1,008155151 g of gold, and can be melted at this ratio.
May 12, 2015, 01:14:29 PM
For about 0.05 btc of mining I got about 0.13 XAU
If you get 0,13 XAU for 0,5 BTC of mining, then there is really no need to adjust the stats in any way. The profitability is extraordinary.
Agree?
Agree?
No I don't!
6x A2 Terminator 90MH/s ---> 485MH/s, 11 hours from block 120 - 1200
Total: 0.01427 XAU
I'm not sure what to think. Did someone add 1 zero too many behind dot by manual payment creation or hashrate was not evaluated by same criteria for all miners?
May 12, 2015, 01:13:23 PM
Payouts are done.
We have mined 7,76644 of new Xaurum. We now have 1025,045014 of total Xaurum money supply, and now each coin is additionaly backed by 0,006187743 g of gold. This means every Xaurum is now worth 1,008155151 g of gold, and can be melted at this ratio.
We have mined 7,76644 of new Xaurum. We now have 1025,045014 of total Xaurum money supply, and now each coin is additionaly backed by 0,006187743 g of gold. This means every Xaurum is now worth 1,008155151 g of gold, and can be melted at this ratio.
May 12, 2015, 01:00:11 PM
The pool is closed, so set your miners to mine somewhere else. Payments coming today.
Thank you very slowly started to come))) May 12, 2015, 03:04:47 AM
The pool is closed, so set your miners to mine somewhere else. Payments coming today.
May 11, 2015, 05:33:45 PM
The pool is closing
Due to the large number of complaints we are closing the pool completely and restarting with an automated one. It will not shutdown immediately, because some people rented rigs for longer times, but will shut down completely on Wednesday. There will be one more payout before that, and a final one, after we pull the plug. Every address will be compensated, if there was any loss, we will compensate you ourselves.
There was no unfair advantage, no difficulty optimizing (the pool does that automatically, only the high difficulty mining wasn't possible, and it wasn't possible for anyone) and I don't really see the advantage an early payout would give you on the marketplace when the increments are as low relative to the money supply. Of course this wasn't a planned alpha, it just unfortunately turned out to be. The Goldmine will be reopened when we can automate it fully.
Due to the large number of complaints we are closing the pool completely and restarting with an automated one. It will not shutdown immediately, because some people rented rigs for longer times, but will shut down completely on Wednesday. There will be one more payout before that, and a final one, after we pull the plug. Every address will be compensated, if there was any loss, we will compensate you ourselves.
There was no unfair advantage, no difficulty optimizing (the pool does that automatically, only the high difficulty mining wasn't possible, and it wasn't possible for anyone) and I don't really see the advantage an early payout would give you on the marketplace when the increments are as low relative to the money supply. Of course this wasn't a planned alpha, it just unfortunately turned out to be. The Goldmine will be reopened when we can automate it fully.
please, help! later I saw a message stating that the pool was closed.
You can make a manual payment to me please
My worker is XLMo9KvZaZ5Zg4vqTc8TxRKd971EzrRChX
May 10, 2015, 06:34:01 PM
Yea i dont understand why they released goldmine premature just feed into the downfall. It also sucks they were mistaken for AURcoin. AURcoin gained in the confusion and your coin lost. If things ran soother there coin could had a good launch. It would be good if they had a public announcement guaranteeing the backing of there currency with the gold. To have it on paper as contract in public would definitely shut critics up and boost support. At least if they are serious about the coin.
I really like the idea behind this coin and was going to support it Even if others tried this idea and failed you guys seem to be honest just have tech problems which could break you. Currency should have a gold standard and they should build on it will make it strong over time and never worthless.
I really like the idea behind this coin and was going to support it Even if others tried this idea and failed you guys seem to be honest just have tech problems which could break you. Currency should have a gold standard and they should build on it will make it strong over time and never worthless.
Thanks for the support. We announced that the currency will be backed with gold, and delivered the proof of the first delivery, the next one is due shortly. Also, a public contract will be done in a form of our Institute's statute, but not very soon, as we need a larger community base before that happens, so more people can be included in forming it. Because crypto is still a lawless place, our main bond isn't a public contract, but the practical exchangeability of Xaurum for gold at our page, where everyone can verify the validity of our claims. Our first priority however is the current payouts and the closure of the pool, and development of a new one.
Xaurum, unlike all the other crypto-currencies is a system of formalized cooperation, this means that other, bigger miners don't destroy value fighting against you, they add to it.
May 10, 2015, 10:46:08 AM
please, help! later I saw a message stating that the pool was closed.
You can make a manual payment to me please
My worker is XEXe9SM8YysANrtE5RQpZzzNN8yi1CR2WT
You can make a manual payment to me please
My worker is XEXe9SM8YysANrtE5RQpZzzNN8yi1CR2WT
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