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Topic: [ANN][EAC] EarthCoin *SEEKING NEW EXCHANGES - HUGE VOLUMES BEING MISSED! - page 49. (Read 840344 times)

legendary
Activity: 1372
Merit: 1022
Anarchy is not chaos.
I think we are doing decently despite not much activity here - Volumes are still quite good!

Still think that they need to change to X13 or so, to reduce electricity cost, so people will mine EAC again, now people don't want to mine any script coins. EAC has a lot of services but nobody want to mine it.
The current ASIC gridseeds consume like 7 watts and give you a hashrate of around 350 kh/s. Compared to any GPU this will be much less electricity spent. Why would the ASICs be bad? You can get them as easily as GPUs, they are cheaper than GPUs.  Yes, embracing the ASIC has some rough sides, like the possibility of  the manufacturers farming some of the scrypt currencies. But think about this: Lets say earthcoin changed their algo to something else, lets say X13.

Now, once the X13 ASICs or FPGAs arrive, some people will use them in all silence before they are all released, and they are competing against people who are  GPU mining. They will have a much, much bigger part of the network hashrate if you compare it to a situation where ASICs are competing ASICs.

Either you stick with scrypt or jump on the algo-changing bandwagon.
I'm still waiting to see if there will be a "second generation", affordable scrypt ASIC anytime soon. I haven't checked the news lately, should do some research...
Zeusminer Blizzard 1.2 MH/s. 60 bucks at zoomhash, similar at several others. Don't have one yet, but I will soon. Several of my friends have them, and they work good. Not quite as stable as a gridseed, but the instability tends to be spikes more than valleys according to my friends.

And yeah, the algo bandwagon seems overdone to me. I said that EAC should embrace ASICS when they were still pretty damn new. As in your ASIC options in Scrypt mining were Gridseed and... well.. yeah, Gridseed Cheesy

Contrary to popular myth, there is nothing magical nor terribly difficult from an engineering standpoint in making an ASIC, and let's face it, doing a math puzzle over and over again is a rather simple ASIC problem! The massive delays and problems coming to market on the preorder houses smell more and more like deliberate scamming to me with every passing day. Those that just went to market or did very short pre-orders have not had any problems that couldn't be quickly solved.

Multi algo hashing like X11,13,15 are a bit more complex than scrypt and possibly an order of magnitude more complex than SHA256... but if it can be done in a NON dedicated machine, like a GPU, then it can, and if profitable, will be implemented in hard coded silicon. Trying to stop the ASIC revolution is pretty much trying to close Pandora's box or oppose a thunderstorm. EAC is profitable to mine with a single gridseed. It's not profitable to mine with a GPU. This actually fits with it's goals of being an energy efficient and socially conscious coin. The level of hostility to innovations in technology and efficiencies on this forum frankly boggles me.
full member
Activity: 163
Merit: 100
I think we are doing decently despite not much activity here - Volumes are still quite good!

Still think that they need to change to X13 or so, to reduce electricity cost, so people will mine EAC again, now people don't want to mine any script coins. EAC has a lot of services but nobody want to mine it.
The current ASIC gridseeds consume like 7 watts and give you a hashrate of around 350 kh/s. Compared to any GPU this will be much less electricity spent. Why would the ASICs be bad? You can get them as easily as GPUs, they are cheaper than GPUs.  Yes, embracing the ASIC has some rough sides, like the possibility of  the manufacturers farming some of the scrypt currencies. But think about this: Lets say earthcoin changed their algo to something else, lets say X13.

Now, once the X13 ASICs or FPGAs arrive, some people will use them in all silence before they are all released, and they are competing against people who are  GPU mining. They will have a much, much bigger part of the network hashrate if you compare it to a situation where ASICs are competing ASICs.

Either you stick with scrypt or jump on the algo-changing bandwagon.
I'm still waiting to see if there will be a "second generation", affordable scrypt ASIC anytime soon. I haven't checked the news lately, should do some research...
legendary
Activity: 1120
Merit: 1000
I think we are doing decently despite not much activity here - Volumes are still quite good!

Still think that they need to change to X13 or so, to reduce electricity cost, so people will mine EAC again, now people don't want to mine any script coins. EAC has a lot of services but nobody want to mine it.
full member
Activity: 163
Merit: 100
I think we are doing decently despite not much activity here - Volumes are still quite good!
full member
Activity: 232
Merit: 100
Pool Open
http://earthcoin.slugmonkeypool.net
PPLNS 1% Pool Fee
U.S. Based Server
Daily Backup of Wallet and Database via Crontabs
sr. member
Activity: 756
Merit: 250
CHINESE LINKS FOR EARTHCOIN

Bitcointalk Chinese main thread
https://bitcointalksearch.org/topic/eac2014718-699453

EAC BTC38 Forum
http://earthcoin.coin38.org/

EAC QQ Group: 374781589

EAC Yibite Chinese Introduction
http://www.yibite.com/altcoin/66.html

EAC BTC38 Chinese Introduction
http://www.btc38.com/altcoin/eac/

EAC Chinese Exchange:
BTC38
http://www.btc38.com/trade.html?mk_type=btc&btc38_trade_coin_name=eac
EAC on JUBI
http://www.jubi.com/coin/eac/

Chinese translation of Earthcoin mission statement at Earthcointalk
https://earthcointalk.org/forums/topic/%E5%9C%B0%E7%90%83%E5%B8%81%EF%BC%88eac%EF%BC%89%E4%BD%BF%E5%91%BD%E5%AE%A3%E8%A8%80/

Earthcointalk local forum in Chinese
https://earthcointalk.org/forums/forum/earthcoin-local/%E4%B8%AD%E6%96%87/

EAC Chinese Wiki
http://www.coin38.org/forum.php?mod=viewthread&tid=3071

Chinese translation of Earthcoin mission statement at Coin38 forum
http://www.coin38.org/forum.php?mod=viewthread&tid=3680


These Chinese links for EAC will now be updated when necessary at this dedicated page:

https://earthcointalk.org/earthcoin-links-chinese/
member
Activity: 84
Merit: 10
http://xumcoin.info
legendary
Activity: 1120
Merit: 1000
Earthcoin is a interesting coin, but i don't like it, that they didn't change the dilution problem as if they would have done that then we would be trading at 100sats.
sr. member
Activity: 268
Merit: 250
should the eac folks add the btc38 to the thread title ? Smiley
full member
Activity: 207
Merit: 100
http://ceuservers.net/ now accepts Earthcoin for their dedicated servers.
member
Activity: 84
Merit: 10
http://xumcoin.info
hero member
Activity: 894
Merit: 1000
Hi guys
Congratulations!
The fact you got EAC added to BTC38 is because you never gave up!
Much respect for the hard work by the Earthcoin community!!!

Regards

Goldmaxx
hero member
Activity: 490
Merit: 500
0_0
there must be something wrong. blocks don't move in blockchain.
261258 is the last block I see for 30 minutes

Check back, it will update.

yeah, thanks!
full member
Activity: 207
Merit: 100
there must be something wrong. blocks don't move in blockchain.
261258 is the last block I see for 30 minutes

Check back, it will update.
sr. member
Activity: 268
Merit: 250
great to see you folks still supporting the coin, i knew there was a reason i liked this coin from the beginning Wink

Good work with the BTC38 announcement, i see cryptsy price went up a bit already, hopefully it holds strong
sr. member
Activity: 342
Merit: 250
Excellent news, the price has rise up to 8 Sats on cryptsy

That's great news. The sky's the limit from here on.
hero member
Activity: 490
Merit: 500
0_0
there must be something wrong. blocks don't move in blockchain.
261258 is the last block I see for 30 minutes
legendary
Activity: 854
Merit: 1000
Excellent news, the price has rise up to 8 Sats on cryptsy
sr. member
Activity: 756
Merit: 250
We are pleased to announce that Earthcoin has been accepted onto Chinese exchange BTC38.

This is one of the biggest altcoin exchanges in the world.

https://twitter.com/btc38com/status/489977313824497664

Thank you to everyone who voted and to the whole community for supporting this effort. Special thanks to takako88 and Centurion, instantskeleton on Reddit, and Linki.

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