Topic: [ANN][ELE] Elementrem - Smartcontract BlockChain | More Fast, More convenient - page 33. (Read 136228 times)

Its also pretty hard to buy ELE, just to buy a few days of mining the price would go 250%

Sometimes miners just don't give AF, not saying I disagree... just saying. Either way, can there be some clarification about the 15m that is in question. I've invested a little but would go more if this can be squashed.

OMG!

Theres a guy mining ELE at 1,45Gh/s

Mining ELE is like throwing money out the window.

No really...


1.5 Gh/s gives him apx. 8000 ELE daily...      or worth 0.02320 btc
If he used the same power mining ETH, he would get 0.08056 btc

If he really likes ELE... he should still mine ETH and buy ELE.
He could buy 42K ele for the ETH he mined.

42K vs 8K .. same gpu power, just used smart.

I'm really grateful to you.!!!!!

https://ele.coin-miners.info/ updated the block reward from 5 to 1 coin per block on the pool code but 450 blocks got paid 5 coins instead of 1 coin per block   

ELE's hard fork(EIP 150, Spurious dragon:EIP155/160/161/170, Tron recursive: BlockReward reduction 5ELE -> 1ELE ) has been successfully completed.

11.66 GH
Someone sent before HF.
Gone 1.9 and nothing has changed

Block 1.9M reached, rewards still at 5 ?

You are right. Really This coin has a very huge pre-mined coins controlled by dev and it does not still prove the potential of this project.
I will watch how far this coin can go ?

More than 53 hours yet. By my calculations.

2 days until block reward getting reduced.

What's this talk 15m coins? Is it a premine or something?

There are not still new changes  for this project .
I will not buy this coin unless this project has something special on it.

Elementrem HardFork(EIP 150, Spurious dragon:EIP155/160/161/170, Tron recursive) is just around the corner.
If you have not yet replaced the client with the latest version (gele 1.5.97 / Mist 0.8.97), please replace it soon.

What happens if I do not update my client?
If you do not update the client, it will connect to the pre-fork chain. All transactions and mining are only activated in pre-fork, which is independent of the main elementrem network. ELE Market and ELE explorer use Main Elementrem Network, so It is not possible to use or verify all transactions in Pre-fork.  Also, support for all future updates is not available.

Why are we proposing to hard fork the network?
Elementrem's hard fork is based on Ethereum Improvement Proposals (EIPs), which contain significant information to defend against network attacks. And We will increase the value by limiting the supply of ELE by reducing the amount of mining, which will increase the number of nodes participating in the Elementrem Network.

What happens if I update my client late?
All transactions and mining information generated by prefork are initialized. All of the pre-fork mining rewards disappear, but both ELE sent and received in pre-fork transactions and exhausted gas are returned.
At the gele console you can see the process of converting the DB and you will see a message like `converting .... canonical numbers .... converting .... blocks`. When the DB conversion is completed, the message `Database conversion successful` is output. In rare cases, some users may occasionally experience problems that they can not sync. In this case, you need to initialize the Elementrem DB. See this link: https://github.com/elementrem/mist#troubleshooting

I have open a Elementrem mining Pool


Enjoy it..

http://elementrem.mastermining.net

Found this:

http://www.elementrem.net/addr/0xa26d2d7fcfddc8cc5b8650015b7c2bc08c298820  (8.5M)
http://www.elementrem.net/addr/0xf5cc61eda62555fb67d4adfd36c7614d0498a783  (1.0M)

And this one seems to be his addy on the exchange, he moved a few hundred thousands over time:

http://www.elementrem.net/addr/0x2353c1884381224f68cf700c80b9f888a5befb47

Haven't found the rest of the coins, there's a total of 5M coins over the exchange addy, but hard to say how much are his coins:

http://www.elementrem.net/addr/0x25e406c4330753b21f8976a1993bd100e10faab2

35M were burnt of the 50M.  he still have 15M i think, well i haven't found them in the explorer, but until proof he still have them...

Actual!

Did you publicly burn the 15million coins? The answer to this will determine the success of this project