Topic: [ANN][EMC2] Einsteinium | FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY - page 247. (Read 1076409 times)

There is no situation to solve   Chain is moving fine again. Still high diff, looks like we actually have miners now  

It is just one block. When Hash Rate goes from 150 MHs to 10,000 MHs in one jump, a 66x increase and does not stay, One block will remain on high difficulty until solved. It can not be stuck for ever, that is as long as there is at least 1MHs on the network.

Now if EMC2 price is 200-500 satoshi and a wormhole appears, the volume and price alone will ensure it didn't start at 150MHs but 1Ghs at least which will stop huge difficulty increase for that period and get next block solved much quiker.

This has go to be the longest it was stuck. It is usually 3-4 hours max.
 -- EMC2 is not a coin that banks on speed and I was considering removing the Wormhole altogether to avoid situations like this, then again we aren't positioning as a payment solution for banks and such.
 -- We do not expect people to walk into a newsagents and buy their milk and ciggies with EMC2 and there would be very rare occasions when we must ensure chain is moving at top speed. -- for that it is very easy to hire some GHs for 5mins .. 1-2 blocks and it's back to normal.

http://emc3.cryptocloudhosting.org/ Friday Analysis: 1Mil EMC2 was sent from my wallet and 200k back so there is around 800k moving on the chain. That's it and my coins aren't going on sale, just moving from wallet to wallet So go go go go ... looks like there is no real intention of selling at this price.

so! when solve this situation. the prices droped back to 60's and could be drop more then. dev's act right now.

It's working, just stuck on 282 difficulty after someone thought it would be funny to plonk 10GHs from nothing ... http://www.coinwarz.com/network-hashrate-charts/einsteinium-network-hashrate-chart

Actually considering what to do about the Wormholes, they don't work as well as they should with Net Hash being so low to start with, when the huge pool moves on it leaves a long time for the next block. After that it works fine, it's only the 1st block after Wormhole ends that slows down the network.

And we have 100 satoshi EMC2 on Poloniex and Bittrex. Good job buyers.
-- Word of Warning: chain is slow due to 10Ghs spike, no one has been able to deposit funds for almost a day now, next block that comes in will bring more on sale. Please don't rush without considering implications of this.

Going to have to look into Nice Hash or something to hire 1Ghs power for an hour and unclog the chain.

is blockchain and miners working

Never too late to get back in!!



didn't had the chance to support the campaign myself 

Erm .. Campaign is OVER ..

Huge thank you to a friendly Poloniex troll for funding this. 200,000 EMC2 sent and a warm thank you.

See you at the http://coinfestuk.org/

Just waiting for batesresearch to give me the BTC address and will post here that all is kosher and the BTC was indeed paid over.

(Poloniex) Withdrawal History

Currency: BTC 1.00000000
Address:  3Gk2yBJLXafg75m9DYGUWwpdabmqAmcNrU
Date: 2016-03-02 22:47:04
Status: COMPLETE: 3e0513c053fb00c67cbdba04f1bb0fc327d670346beba35bc1d2ee38bf577a28

Sup mate, and to think you did not believe me this time last year

Do it! Going to have Ether whales fighting for this one when I reveal myself to the world on the 8^th April. Or maybe before ... depends how my client who doesn't know I am Varvarin but he uses Poloniex.

doh .. new page:

might be a good time to buy back after two years  

Just in case anyone thinks Varvarin is pulling a scam.

Einsteinium Foundation will provide 200,000 EMC2 for the 1 BTC sponsorship fee.

CROWDFUNDING BEGGING LETTER REQUEST

Mission: We need 1 BitCoin to pay for http://coinfestuk.org/ sponsorship.

How you can help: - Donate some spare BTC change to 1GgM9NcdXcoxfF5zqT85AhaoDk7LRnS6b2

What's in it for me? - Einsteinium Foundation will sell you EMC2 at 500 satoshi to the value of your donation. Send Varvarin a PM with your tx id and BTC value, with your EMC2 address so I can send EMC2 in exchange.

What 500 satoshi? EMC2 costs 50 satoshi now! - Indeed, but to dump 2million EMC2 for 1BTC?



So here is the deal folks:

Einsteinium Foundation is putting up 200,000 EMC2 from it's coffers at 500 satoshi in exchange for the 1 BitCoin sponsorship fee.
Campaign will last from now until 31^st March and will end at 1 BitCoin or 31^st March, which ever comes first.

I will be in sole charge of the funds, as I will be putting up the 1 BTC for the fee regardless of said campaign and will be going to the event in Manchester, UK and have only 1 week to actually confirm. Which also means if target is not met, or is short it will not impact on the EMC2 sponsorship for the event and I will keep the balance of 200k after deducting donations.

SO: 200,000 EMC2 on sale at 500 satoshi starting now! DJnocide has been taking extra special care of the Foundation coins and they are guaranteed to be at least 10% shinier than market bought ones.  

Donation Address: Brand New for easy tracking: 1GgM9NcdXcoxfF5zqT85AhaoDk7LRnS6b2

___________________________________________

edit: This escalated quickly ... going to keep this as is, rather proud of it. But no need to donate. Get some EMC2 instead. Thank you.

One step at a time, EMC2 will climb again.

Thank you, was airy fairy yesterday with work and completely missed what the text here actually says. I will certainly take a closer look at the show and spread the word.

EMC2 is most definitely going to be around for years to come. We are just getting started, had a pretty big mess to clean up on a low budget. Moving on ...  

... speaking of .. this song explains .. And the road goes on, seeming ever longer -- Blackmore's Night - Way To Mandalay -  https://youtu.be/mlyhMMuJk6A

Happy 2nd birthday  

Happy 2nd birthday Einsteinium from BlockchainDynamics.  We will give your coin a happy birthday shout out on our show this Saturday.  I will post a link to it once it has happened.  

Once again, congratulations, any blockchain making it two years and still having interest and trading is great.  Hope it is around for many years to come!

our show thread: https://bitcointalksearch.org/topic/blockchain-dynamics-show-thread-1379730

It's interesting to see how talking about it can make some people make a move.

I need to put my raspPi 2 back online

As I posted that on Poloniex trollbox, got a few friendly trolls asking if I am really the EMC2 dev ... hehe. Yes I am, can't code yet but am an accountant and business miracle performer advisor in London.

A friendly Ether whale just gobbled someone's ill placed 2.4mil EMC2 for 0.86 btc on Polo and became the proud owner of 1% EMC2 just like that ... cheers who had that going spare.

I do have 3x https://www.raspberrypi.org/products/raspberry-pi-3-model-b/ ordered finally, amazingly had RasPi 2 in cart all week, adding, removing things and left it to this morning, woke up to see RasPI 3 is out and way better than version 2.

So the teen devs get 2 starter packs with 1 touchscreen addon thing and GameCredits dev gets one. They are so freaking cool, I am looking forward to messing around on one after I come back from the dev trip, going for a week in 2 weeks time to finally secure some serious backing for EMC2.

Check out ROKOS.space = OKCash dev's RasPI Linux O/S .. one of the sponsors of coinfest.

We need to spread the word about EMC2, more people we get involved, more chances we have to make things big with EMC2

Sounds good. Looks like a good place to get the word out.

Hear Ye ... Hear Ye ...

How does the EMC2 community feel about being present at http://coinfestuk.org as a sponsor?

I will be going there and may even hold a presentation or two. Gives us enough time until end of March to come up with something to say. Also, there is a slight cost involved, which I intend to reimburse from Foundation coffers payable in EMC2 ... even if I have to buy it for BTC, that coin is not going on sale this cheap.

emc3.cryptocloudhosting.org is back online.