Wow this is going fast...it seems like experiment.com is going to be putting up a page for this fundraiser too. This could be the start of a beautiful relationship for Einsteinium, they are potentially a major partner for our science funding mission.
Will somebody remove cryptorush voting, they just went insolvent.
Topic: [ANN][EMC2] Einsteinium | FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY - page 410. (Read 1076368 times)
April 01, 2014, 02:14:21 PM
April 01, 2014, 01:35:56 PM
WOW, what an awesome community we have. already over 200K EMC2 in the pot for Dr Moss.
http://cryptexplorer.com/address/EQohirsM7K4iN9h4JFrVSHf4JCMgvdxrNs
Thank you all!
http://cryptexplorer.com/address/EQohirsM7K4iN9h4JFrVSHf4JCMgvdxrNs
Thank you all!
April 01, 2014, 01:02:35 PM
Some news.
We are doing a small fundraiser to put our first winner over the top, and to raise some funding outside of the monthly foundation award.
This is the EMC2 wallet address for the fundraiser: EQohirsM7K4iN9h4JFrVSHf4JCMgvdxrNs
The goal is 250,000 EMC2 based on current prices.
Thanks
The Einsteinium Foundation
April 01, 2014, 12:58:54 PM
Some news.
We are doing a small fundraiser to put our first winner over the top, and to raise some funding outside of the monthly foundation award.
This is the wallet address for it: EQohirsM7K4iN9h4JFrVSHf4JCMgvdxrNs
Thanks
The Einsteinium Foundation
We are doing a small fundraiser to put our first winner over the top, and to raise some funding outside of the monthly foundation award.
This is the wallet address for it: EQohirsM7K4iN9h4JFrVSHf4JCMgvdxrNs
Thanks
The Einsteinium Foundation
Nice.. I just sent over 50K EMC2.
Guys I expect everyone here to donate what they can, even if its just 10 coins.
April 01, 2014, 12:56:08 PM
Some news.
We are doing a small fundraiser to put our first winner over the top, and to raise some funding outside of the monthly foundation award.
This is the EMC2 wallet address for the fundraiser: EQohirsM7K4iN9h4JFrVSHf4JCMgvdxrNs
The goal is 250,000 EMC2 based on current prices.
Thanks
The Einsteinium Foundation
We are doing a small fundraiser to put our first winner over the top, and to raise some funding outside of the monthly foundation award.
This is the EMC2 wallet address for the fundraiser: EQohirsM7K4iN9h4JFrVSHf4JCMgvdxrNs
The goal is 250,000 EMC2 based on current prices.
Thanks
The Einsteinium Foundation
April 01, 2014, 12:01:25 PM
Just wanted to post an excerpt from a post here that Warren made (LTC Dev team) when looking at X11.
Reference: https://litecointalk.org/index.php?topic=18166.0 The 2nd post.
My personal opinion is that it is surely a concern going forward but maybe X11 is not the best algo compared to a Memory hard solution or Hefty1. What happens when an optimized version of X11 miner is out and it is no longer cool running and efficient as it is now?
X11 is Far Worse
X11 suffers from the problems stemming from increased propagation latency and slow verification, and adds even worse susceptibility to ASIC advantage. It is a mere mishmash of 11 separate algorithms that are now GPU mineable (according to Darkcoin’s homepage). Anything GPU mineable can be implemented in custom hardware. To make matters worse, ASIC’s could even have a major speedup advantage over GPU’s. adam3mus said, “it does seem likely that eg if the unused space due to heat can be filled with the other hashes, then it can all be pipelined together and no slowdown. the only cost is replicating different hash functions which doesnt seem particularly hard”
So a switch to X11 only delays the inevitable. Switching the hash to X11 would only spite the current manufacturers while ultimately failing in the goal of preventing ASIC’s later. It gets even worse. If the cost of entry for a particular PoW is very high by design, that increases the chance of fewer competing manufacturers entering a market. This is the worst possible outcome for any Bitcoin-like network that relies upon large quantities of greedy miners to outdo each other to maintain network security.
[/quote
finally - a sensible instead of emotional response to the issue.
why not just leave things alone?
I suppose it's the nature of miners - it's difficult not to 'tinker' LOL
Reference: https://litecointalk.org/index.php?topic=18166.0 The 2nd post.
My personal opinion is that it is surely a concern going forward but maybe X11 is not the best algo compared to a Memory hard solution or Hefty1. What happens when an optimized version of X11 miner is out and it is no longer cool running and efficient as it is now?
X11 is Far Worse
X11 suffers from the problems stemming from increased propagation latency and slow verification, and adds even worse susceptibility to ASIC advantage. It is a mere mishmash of 11 separate algorithms that are now GPU mineable (according to Darkcoin’s homepage). Anything GPU mineable can be implemented in custom hardware. To make matters worse, ASIC’s could even have a major speedup advantage over GPU’s. adam3mus said, “it does seem likely that eg if the unused space due to heat can be filled with the other hashes, then it can all be pipelined together and no slowdown. the only cost is replicating different hash functions which doesnt seem particularly hard”
So a switch to X11 only delays the inevitable. Switching the hash to X11 would only spite the current manufacturers while ultimately failing in the goal of preventing ASIC’s later. It gets even worse. If the cost of entry for a particular PoW is very high by design, that increases the chance of fewer competing manufacturers entering a market. This is the worst possible outcome for any Bitcoin-like network that relies upon large quantities of greedy miners to outdo each other to maintain network security.
[/quote
finally - a sensible instead of emotional response to the issue.
why not just leave things alone?
I suppose it's the nature of miners - it's difficult not to 'tinker' LOL
April 01, 2014, 11:52:05 AM
Just wanted to post an excerpt from a post here that Warren made (LTC Dev team) when looking at X11.
Reference: https://litecointalk.org/index.php?topic=18166.0 The 2nd post.
My personal opinion is that it is surely a concern going forward but maybe X11 is not the best algo compared to a Memory hard solution or Hefty1. What happens when an optimized version of X11 miner is out and it is no longer cool running and efficient as it is now?
X11 is Far Worse
X11 suffers from the problems stemming from increased propagation latency and slow verification, and adds even worse susceptibility to ASIC advantage. It is a mere mishmash of 11 separate algorithms that are now GPU mineable (according to Darkcoin’s homepage). Anything GPU mineable can be implemented in custom hardware. To make matters worse, ASIC’s could even have a major speedup advantage over GPU’s. adam3mus said, “it does seem likely that eg if the unused space due to heat can be filled with the other hashes, then it can all be pipelined together and no slowdown. the only cost is replicating different hash functions which doesnt seem particularly hard”
So a switch to X11 only delays the inevitable. Switching the hash to X11 would only spite the current manufacturers while ultimately failing in the goal of preventing ASIC’s later. It gets even worse. If the cost of entry for a particular PoW is very high by design, that increases the chance of fewer competing manufacturers entering a market. This is the worst possible outcome for any Bitcoin-like network that relies upon large quantities of greedy miners to outdo each other to maintain network security.
Reference: https://litecointalk.org/index.php?topic=18166.0 The 2nd post.
My personal opinion is that it is surely a concern going forward but maybe X11 is not the best algo compared to a Memory hard solution or Hefty1. What happens when an optimized version of X11 miner is out and it is no longer cool running and efficient as it is now?
X11 is Far Worse
X11 suffers from the problems stemming from increased propagation latency and slow verification, and adds even worse susceptibility to ASIC advantage. It is a mere mishmash of 11 separate algorithms that are now GPU mineable (according to Darkcoin’s homepage). Anything GPU mineable can be implemented in custom hardware. To make matters worse, ASIC’s could even have a major speedup advantage over GPU’s. adam3mus said, “it does seem likely that eg if the unused space due to heat can be filled with the other hashes, then it can all be pipelined together and no slowdown. the only cost is replicating different hash functions which doesnt seem particularly hard”
So a switch to X11 only delays the inevitable. Switching the hash to X11 would only spite the current manufacturers while ultimately failing in the goal of preventing ASIC’s later. It gets even worse. If the cost of entry for a particular PoW is very high by design, that increases the chance of fewer competing manufacturers entering a market. This is the worst possible outcome for any Bitcoin-like network that relies upon large quantities of greedy miners to outdo each other to maintain network security.
April 01, 2014, 11:05:28 AM
is there any way to calculate future difficulty ?
for instance the difficulty increases are published for btc - is there anything like that for this coin?
for instance the difficulty increases are published for btc - is there anything like that for this coin?
April 01, 2014, 10:48:00 AM
new p2pool node! come mine on CrunchPool
http://p2pool.crunchpool.com:41876/static/
April 01, 2014, 10:41:37 AM
Thanks OCminer for the update. I have been mining with you since day one and have loved every minute of it!
April 01, 2014, 10:32:08 AM
https://emc2.suprnova.cc
The Day 1 EMC2 Pool
Steady and fast Payouts
Heavy Load approved
Straum+VDiff
Fast US and EU Connections
Over 200MH/s in the Pool
Hashrate is rising again, hop in now while diff is still lower than usual.
Please also don't forget to set proper auto-payout limits and set your payout address accordingly.
April 01, 2014, 10:30:19 AM
April 01, 2014, 10:30:06 AM
so is there an estimated ETA on X11?
No estimated time as of yet..
April 01, 2014, 10:28:05 AM
This was on page 7?? 
March 31, 2014, 10:51:53 PM
so is there an estimated ETA on X11?
March 31, 2014, 10:47:09 PM
I only have one thing to say about all of this:
TERMINUS!
TERMINUS!
Someone's been watching the walking dead!
March 31, 2014, 09:29:55 PM
I only have one thing to say about all of this:
TERMINUS!
TERMINUS!
March 31, 2014, 09:27:04 PM
As for speculating the future value of the coin - can we please stop that? You do not know, no-one really knows how much the coin will be worth in a week, even less a month or a year from now. Yes, it would be nice if its value skyrocketed, went to the moon and beyond, we should HODL (and all other memes), but you're just talking nonsense. It's like reverse FUD of some kind. Trade as your "guts" tell you, speculation is meaningless.
Edit: In other news, einsteinium-eu.cloudapp.net is not working, but mining at einsteinium-us.cloudapp.net is giving me better accept/reject rate than the EU one even though I'm from Eastern Europe. Weird, but nice.
Edit: In other news, einsteinium-eu.cloudapp.net is not working, but mining at einsteinium-us.cloudapp.net is giving me better accept/reject rate than the EU one even though I'm from Eastern Europe. Weird, but nice.
yes - speculation is meaningless!!!!
I misspoke. It's not meaningless, but it's merit-less. One shouldn't act upon speculation unless he's (she's) willing to lose the investment.
That's what everyone in the community should already know but with a steady influx of newbies, someone may understand such speculations as a promise or at least an outcome that's most probable. Just wanted to clear it up - it's all speculation. March 31, 2014, 09:23:04 PM
As for speculating the future value of the coin - can we please stop that? You do not know, no-one really knows how much the coin will be worth in a week, even less a month or a year from now. Yes, it would be nice if its value skyrocketed, went to the moon and beyond, we should HODL (and all other memes), but you're just talking nonsense. It's like reverse FUD of some kind. Trade as your "guts" tell you, speculation is meaningless.
Edit: In other news, einsteinium-eu.cloudapp.net is not working, but mining at einsteinium-us.cloudapp.net is giving me better accept/reject rate than the EU one even though I'm from Eastern Europe. Weird, but nice.
Edit: In other news, einsteinium-eu.cloudapp.net is not working, but mining at einsteinium-us.cloudapp.net is giving me better accept/reject rate than the EU one even though I'm from Eastern Europe. Weird, but nice.
yes - speculation is meaningless!!!!
March 31, 2014, 08:48:38 PM
As for speculating the future value of the coin - can we please stop that? You do not know, no-one really knows how much the coin will be worth in a week, even less a month or a year from now. Yes, it would be nice if its value skyrocketed, went to the moon and beyond, we should HODL (and all other memes), but you're just talking nonsense. It's like reverse FUD of some kind. Trade as your "guts" tell you, speculation is meaningless.
Edit: In other news, einsteinium-eu.cloudapp.net is not working, but mining at einsteinium-us.cloudapp.net is giving me better accept/reject rate than the EU one even though I'm from Eastern Europe. Weird, but nice.
Edit: In other news, einsteinium-eu.cloudapp.net is not working, but mining at einsteinium-us.cloudapp.net is giving me better accept/reject rate than the EU one even though I'm from Eastern Europe. Weird, but nice.
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