Topic: [ANN][EAC] EarthCoin *SEEKING NEW EXCHANGES - HUGE VOLUMES BEING MISSED! - page 180. (Read 840344 times)

4 active miners
hashrate: 220 KH/s
no blocks yet found...

Good Luck with that pool...

I guess most miners are clueless on what they are actually doing. And I can't blame them either.

Imagine this:
A friend or website tells you how you can make some money.
They will tell all about the good things and how easy it is
Then you need to figure out how to get your mining rig set-up
Not to mention, to figure out and choose something to mine.
So they start on Litecoin as it is worth a lot and learn again from websites that there are better coins.
How should they choose that better coin?
Well middleCoin does that for them.

So at this stage, the miner is getting what he wants and goes off.

Why would that same miner invest time to figure out what the impact is?
And will the impact get worse? Yes, i am afraid so.
It is a waiting game for the ASIC miners to show up. Once they start and use middleCoin, imagine what happens then.

So is there anything we can do about it? Actually yes.
* Building a better scrypt algorithm
* Give MiddleCoin competition so atleast it is not only MiddleCoin any more.
* Building better mining software so it will educate miners better
or
*Atleast make the software so that it is easy to understand and lets the miner set-up its own middlecoin switching pool stuff. (So you allow a number of pools to be chosen and the miner looks at (depending on settings) which pool it should now switch to)

The last suggestion gives more control to the miner and i guess will help the other miners as well.

 

I have no problem with middle coin or any other "lazy miner fleecing" switching pools, they may spike the diff from time to time affecting the more steady miners daily earnings somewhat but in my experience its only a minimal disruption and the diff resets to pre spike levels quickly.
The extra coins  sold on the exchanges at this stage is also a plus imo, we need wide spread adoption at this early stage  this will not be achieved if 90% coins are mined by small profit hungry miners who will hold their coins hoping for a big payout down the road.

It's market and volume flow, it's a good thing. My two satoshi.

Fixed.

If anyone else is tired of what Middlecoin has done to EAC and so many other coins, I have taken my argument to a proper place. Please leave your two cents. 

https://bitcointalksearch.org/topic/psa-is-a-51-attack-really-all-that-bad-because-its-looming-440201

It seems that https://coin-swap.net/ (exchange) have added us too. They are still in a test stage btw and am not adding them to the wiki yet as I’d like them to mature more.

Ah. So devcoin is what attracts people to register. Devcoin is sooo not my type of coin. I am not saying devcoin sucks but devcoin didn't trade there at all (extremely low volume) before they haltet some of the trading. I think i registerd i may or june and devcoin had no volume at that time to.

Well. i have known for some time that devcion and primecoin will be back at the v2.5, it reopened trading now in v2.1. Most users on the site trade WDC and Fees but i think EAC would look good on that ex... But off course EAC will look good on any exchange



https://mcxnow.com/?r=taborresen

I like this. Work on it.  

On the bright side, someone else is willing to mine EAC for me at a lesser price per hash than I make with other coins.

Remember, with EarthCoin, it is ALL about the Season.

The Season now is for the Strong & Faithful, those who gather acorns for the harvest to be had
in a season in the not-so-distant future, where the fruits of our labors will runneth over

Now is the season for Fear, Doubt, Jealousy & Greed
A Season where the panic will strike, the doubt will thicken

The fickle of nature will scatter their coins across the ground in fear
and the strong will collect them with a sly grin

EarthCoin is very young in the growth cycle, those who invest early and with patience, will be fantastically rewarded.

Love Kiva! 

#1 reason doge exploded, past the Jamaican exploit, reddit tips.

Does EAC have a reddit tipping system? If so, I'll use it today.

We are on the same wavelength.  Kiva would be amazing if you can make it happen. 

I'm only expressing concern by my forecast on the fact the difficulty falls to 15, then spikes to 30, as well as a few other things.

People can't calculate with any accuracy what their mining total will be for a given day, and for many miners without multi-card rigs, this is a major factor. The majority is not spending electricity and computer lifetime without $ in mind.

If one group is doing 90% of the mining, is this ok? If the value of the coin stays pitiful, this is ok because "rawr, daytraders suck?" I'm lost.

A good message for Karma-Reasons:


I love Earthcoins vision.

I dont like the complaining people who don't care about eac and don't participate in making new features, new options and stuff.
Just complaining about daytrading and lost profits....
As if somebody could claim for wins or refunds... I'm sick of them all.
We have a great product, network, community and a big vision.
Who is too dumb to understand that?

... AND if it is not profitable, than stop mining with 90 GHash.
If you want to do it anyway, be sure you have enough hopes and energy for a long journey where everyone has to bring up his workpart.
If not... go call a friend, do PM's or talk to the wall. That would be better than complaining in the Announcement-Thread 24/7 and to lower the reputation of the entire community.

/ignore +1

again trolling dicks?
/ignore

But I didn't say it is considered dead :|

Yes, a coin with 60 BTC Trade in 24hours on Cryptsy is considered dead ...... :rolls eyes:

It's not.