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Topic: [ANN][EAC] EarthCoin *SEEKING NEW EXCHANGES - HUGE VOLUMES BEING MISSED! - page 466. (Read 840369 times)

newbie
Activity: 31
Merit: 0
I'm one of the people helping to test this p2pool for squiggle (by sending my miners) - we could do with some more miners if anyone is willing to help out?  Smiley

I would have thought we would have found a block by now, hopefully soon so we can verify its functioning


I know....I'm keeping the faith   *fingers crossed*


Well unfortunately guys I don't think we ever got the hashing power to find a block. If you want to keep mining to test I'd sure appreciate it but if you need to move on I understand. I'd really like to test the p2pool concept with some of these alt coins though. I really think p2pool has some advantages for the coin over standard coins.
We should agree on a time/date when we concentrate lot of power and attack the issue simultaneously for a short period of time, better to do it that way than few people mining for 2 hours and quit and the next few mining the following hours etc imo.


Great idea illodin!


What hash rate could you achieve up to now?
I got one block from solo mining with 320 Kh/S in the last 2 days.
It might be chance but my computations pointed to approximately 1 block per 40 hours on average with that hashing speed, so could it be that you have a bug somewhere?



hero member
Activity: 714
Merit: 500
Quote
Dev holds approx. 750 000 USD of premined coins in hes hands.  He continues to ignore all posts asking what will happen to premined coins. He has not published any plans for it.

Why should his plan not be "to keep it all" Huh Which developer is more likely to commit to his release for the long term and give it a bright future:

a. A dev that holds a ton of the coin, and profits from its ongoing success

b. A dev who holds a small amount of the coin and therefore has no incentive to continue to promote the coin

In any case, it's none of your (or my) business what he does with his holdings, if you don't like the coin, don't mine it and don't hold it.



That is correct, premining gives the dev funds to use for development, you will see coins that dont premine die in the ass, and if they say they dont they are lieing, most coins instant mine anyway 5min before the launch, etc... At least with earthcoin you know the funds go towards advertising and development of the coin. Like others said, what kind of dev wants to stick around if they dont get paid for it.

For those having trouble building on linux:
Here is some help:

Quote
(09:24) (@hmachado) paidshill, care to post it on the forum?
(09:24) <@   hmachado>| other ppl might need it
(09:25) ( paidshill) sure
(09:25) :: system_fault is now known as away{systemfault
(09:25) ( paidshill) sudo apt-get install build-essential libssl-dev
                     libdb5.1-dev libdb5.1++-dev libboost-all-dev git
(09:26) ( paidshill) all dependencys are in repo
(09:26) ( paidshill) git clone
                     https://github.com/earthcoinproject/earthcoin.git
(09:26) ( paidshill) cd earthcoin/src
(09:26) ( paidshill) cat /proc/cpuinfo | grep -i "model name"
(09:26) ( paidshill) make -j8 -f makefile.unix USE_UPNP=
(09:27) ( paidshill) or change -j output to your cores the result of the cat
                     command will tell you

Shill is lazy i thought i would post for others.
member
Activity: 146
Merit: 10
Earthcoin on coinmarketcap.com 484,260,495 EAC at $ 0.003
full member
Activity: 210
Merit: 100
Quote
Dev holds approx. 750 000 USD of premined coins in hes hands.  He continues to ignore all posts asking what will happen to premined coins. He has not published any plans for it.

Why should his plan not be "to keep it all" Huh Which developer is more likely to commit to his release for the long term and give it a bright future:

a. A dev that holds a ton of the coin, and profits from its ongoing success

b. A dev who holds a small amount of the coin and therefore has no incentive to continue to promote the coin

In any case, it's none of your (or my) business what he does with his holdings, if you don't like the coin, don't mine it and don't hold it.

full member
Activity: 173
Merit: 100
newbie
Activity: 46
Merit: 0

Quote
I think I would take EAC much less seriously if the dev's had no stake in it from day one.  

Yes indeed, this is what confuses me about all this dislike of premining - why should people develop something and not get paid? I am happy that the EAC devs have skin in the game, and forsee an excellent future for this currency as a result.

Are you guys mentally challenged or just ignorant?
Dev holds approx. 750 000 USD of premined coins in hes hands.  He continues to ignore all posts asking what will happen to premined coins. He has not published any plans for it. There has been only one little giveaway.
Do i need to put pieces together for you?

You call that "getting paid" ? As long as he has not set any public plan for over 260 million coins hes holding, i call that "jackpot"


I seem to recall that bit coin was also premined in the beginning as are most cryptos coming onto the market lately.. One may have actually been totally premined  (QRK)  according to some people around the crypto community ..
hero member
Activity: 546
Merit: 500

Quote
I think I would take EAC much less seriously if the dev's had no stake in it from day one.  

Yes indeed, this is what confuses me about all this dislike of premining - why should people develop something and not get paid? I am happy that the EAC devs have skin in the game, and forsee an excellent future for this currency as a result.

Are you guys mentally challenged or just ignorant?
Dev holds approx. 750 000 USD of premined coins in hes hands.  He continues to ignore all posts asking what will happen to premined coins. He has not published any plans for it. There has been only one little giveaway.
Do i need to put pieces together for you?

You call that "getting paid" ? As long as he has not set any public plan for over 260 million coins hes holding, i call that "jackpot"
member
Activity: 84
Merit: 10
WE could need some love at our pool to find the first block:

https://coinex.pw/mining/pools/EAC

I cant find where to put in a payout address, or does it go straight to trading account wallet?

btw I am getting double my normal hash rate on your pool, no idea why but looking forward to seeing the results xD

you dont need a payout address. your rewards will be added automatically to your exchange balance.

wait a few minutes to average out the hashrate.

thanks Smiley
sr. member
Activity: 294
Merit: 250
WE could need some love at our pool to find the first block:

https://coinex.pw/mining/pools/EAC

I cant find where to put in a payout address, or does it go straight to trading account wallet?

btw I am getting double my normal hash rate on your pool, no idea why but looking forward to seeing the results xD

you dont need a payout address. your rewards will be added automatically to your exchange balance.

wait a few minutes to average out the hashrate.
full member
Activity: 210
Merit: 100

Quote
I think I would take EAC much less seriously if the dev's had no stake in it from day one. 

Yes indeed, this is what confuses me about all this dislike of premining - why should people develop something and not get paid? I am happy that the EAC devs have skin in the game, and forsee an excellent future for this currency as a result.

member
Activity: 84
Merit: 10
WE could need some love at our pool to find the first block:

https://coinex.pw/mining/pools/EAC

I cant find where to put in a payout address, or does it go straight to trading account wallet?

btw I am getting double my normal hash rate on your pool, no idea why but looking forward to seeing the results xD
sr. member
Activity: 294
Merit: 250
WE could need some love at our pool to find the first block:

https://coinex.pw/mining/pools/EAC
legendary
Activity: 1036
Merit: 1000
net hashrate 3.25 GH/s, not bad for a ""premined scam coin" (quote)

Yep I think this is it,   Not saying we will go to the moon, but I was instantly attracted to EAC, And I also view the premine as equity for the future developers.  As a small business owner I have a respect for the foresight to try to some type of sustainable compensation to keep the business model alive.   

I think the nay-sayers just enjoying crapping on new coins.  There is MUCH bigger and sustaining profits going long on any crypto than there is trying to make a quick buck on hype.  I'm hoping most devs would prefer years of multi-million dollar payouts for they're efforts than to cash out for a couple hundred grand soon as it hits an exchange and dump the project.

I think I would take EAC much less seriously if the dev's had no stake in it from day one. 

That fact is- they have been incredibly involved and are using their EAC to build it up and build a Earthcoin community.
Anybody could read the last 50 or so pages of the Lottocoin thread, then this, and see the difference between developers that care about their future and someone just looking to make a quick buck.

Thats true.
EAC take care about this coins future.
hero member
Activity: 882
Merit: 500
net hashrate 3.25 GH/s, not bad for a ""premined scam coin" (quote)

Yep I think this is it,   Not saying we will go to the moon, but I was instantly attracted to EAC, And I also view the premine as equity for the future developers.  As a small business owner I have a respect for the foresight to try to some type of sustainable compensation to keep the business model alive.   

I think the nay-sayers just enjoying crapping on new coins.  There is MUCH bigger and sustaining profits going long on any crypto than there is trying to make a quick buck on hype.  I'm hoping most devs would prefer years of multi-million dollar payouts for they're efforts than to cash out for a couple hundred grand soon as it hits an exchange and dump the project.

I think I would take EAC much less seriously if the dev's had no stake in it from day one. 

That fact is- they have been incredibly involved and are using their EAC to build it up and build a Earthcoin community.
Anybody could read the last 50 or so pages of the Lottocoin thread, then this, and see the difference between developers that care about their future and someone just looking to make a quick buck.
legendary
Activity: 968
Merit: 1000
einc.io
net hashrate 3.25 GH/s, not bad for a ""premined scam coin" (quote)

Yep I think this is it,   Not saying we will go to the moon, but I was instantly attracted to EAC, And I also view the premine as equity for the future developers.  As a small business owner I have a respect for the foresight to try to some type of sustainable compensation to keep the business model alive.   

I think the nay-sayers just enjoying crapping on new coins.  There is MUCH bigger and sustaining profits going long on any crypto than there is trying to make a quick buck on hype.  I'm hoping most devs would prefer years of multi-million dollar payouts for they're efforts than to cash out for a couple hundred grand soon as it hits an exchange and dump the project.

I think I would take EAC much less seriously if the dev's had no stake in it from day one. 
member
Activity: 98
Merit: 10
net hashrate 3.25 GH/s, not bad for a ""premined scam coin" (quote)
sr. member
Activity: 279
Merit: 250
Thats great!

Just as a comment... I would remove ecrypto.net from the main webpage. The site is down, and the creator probably ran out with our coins. Luckily just sent 100 for trying it lol


+1

I have some coins stuck on ecrypto.net
I do hope it starts to work properly, because the interface is nice and we need new Exchanges, but i wouldn't recommend putting your $ there at this point.

For now im going with Coinedup, and waiting to get more feedback on Coinex.


Join #Earthcoin on IRC
legendary
Activity: 968
Merit: 1000
einc.io
Looks like some growth is getting ready to happen on the exchanges.   I've been watching literally constantly for the last day and a half and it looks like the low-sell orders have almost dried up.   This is total speculation but I suspect that the miners and holders just looking to make easy profit margins above baseline pool switching have almost cashed out now.    Even at 350-400 Satoshis,  EAC would have in my opinion been one of the most profitable coins to mine.  

Even at 400 satoshis,  My measly 2.9Mhash has produced roughly 20K+/-  EAC in the last 24hours.   At 400 Satoshis, that is .0844 BTC.   Or $65USD give or take.    What is that,  3X+ better than LTC?  

This is just my take on the numbers,  I think EAC is set for some strong and constant gains for a while.   Infact I think its basically inevitable looking at the prospects?
member
Activity: 70
Merit: 10

I'm not sure if thats true, I think its about 30 minutes on average between difficulty changes.

I coudl be wrong though

yes it is. I can see difficulty changes every new block on pool.. and it's also mentioned in first post of this thread.
So let's say hypotetically, EAC go huge and diff reach like thousands, if almost everybody stop mining that coin for a few, difficulty goes back around 0.* on the next block?

(I don't even know if something like that can be true for BTC and LTC too for example)

No, there's a limit how each block the diff can be varied, both upside and downside. It's about at double or half and not beyond it. Otherwise the coin is subject to easy attack, that people will make the diff oscillate wildly. For now if the diff is 10, say, and most people stop mining, the next will be around 5, then 2.5, then 1.3 etc, until it hits a balance (determine by the actual block time).
member
Activity: 70
Merit: 10

I sent another 1000EAC to Treasure game to get another hint, http://www.lixnez.com/treasure.html

but the link seems broken  Cry

Can you check?

Yes the link is broken, Wolf Rainer can you please fix it?
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