[ANN][KARM] Karma / ₭ / X11 - page 293.

KarmaKaguy

newbie

Activity: 59

Merit: 0

Quote from: ptman on June 24, 2014, 06:44:10 AM

Quote from: KarmaKaguy on June 24, 2014, 05:54:00 AM

The big dumps happend allready last night. We are now recovering and should be prepared to the upcomming btc market. With prepared I mean that we all should shout it out in every corner of the crypto world as soon as we hit the btc market.

We need a team of Karma evangelists to spread the good news about Karma in every forum, IRC channel, new media and event!

We need to be more known!

Dont forget that we are a young team and that we need support from the community. We have marketing moderators since last week. What we now need are community members who populate the marketing workgroup in our forum to fulfill taks aggreed upon. Please visit http://karmashares.com/forums/index.php/board,15.0.html

ptman

sr. member

Activity: 532

Merit: 250

Quote from: KarmaKaguy on June 24, 2014, 05:54:00 AM

The big dumps happend allready last night. We are now recovering and should be prepared to the upcomming btc market. With prepared I mean that we all should shout it out in every corner of the crypto world as soon as we hit the btc market.

We need a team of Karma evangelists to spread the good news about Karma in every forum, IRC channel, new media and event!

We need to be more known!

KarmaKaguy

newbie

Activity: 59

Merit: 0

The big dumps happend allready last night. We are now recovering and should be prepared to the upcomming btc market. With prepared I mean that we all should shout it out in every corner of the crypto world as soon as we hit the btc market.

Chargin

full member

Activity: 184

Merit: 100

Quote from: ptman on June 24, 2014, 05:01:30 AM

Quote from: Chargin on June 24, 2014, 02:48:51 AM

Quote from: ShawnLeary on June 23, 2014, 06:58:50 PM

and hashrate still at 3.5 gh/s!!! that is very Karma-like. KarmaHash good.

People can now mine Karma again relatively cheaply, the hash rate has adjusted to the new rewards.

Chargin.

We should strive for maintaining the 3 GH/s hashrate.

Lets hash even more than before!

I agree but there wasn't enough people (or the right people) thinking the price would go up to make it a self fulfilling prophecy. Given how anti climatic that was I think the price will drop a little before recovering again. The price of Karma should go up easier now than it did before with less miners dumping. Hopefully not too many people wanted to sell after the reward change expecting the price would go up.

In hindsight, if you think about it logically, that is exactly what should have happened given how reactive alt coin miners are to changes especially on smaller alt coins. The miners moved in 6 hours to completely adjust to the new hash rate.

Chargin.

ptman

sr. member

Activity: 532

Merit: 250

Quote from: Chargin on June 24, 2014, 02:48:51 AM

Quote from: ShawnLeary on June 23, 2014, 06:58:50 PM

and hashrate still at 3.5 gh/s!!! that is very Karma-like. KarmaHash good.

People can now mine Karma again relatively cheaply, the hash rate has adjusted to the new rewards.

Chargin.

We should strive for maintaining the 3 GH/s hashrate.

Lets hash even more than before!

easteagle13

hero member

Activity: 658

Merit: 500

Meanwhile...

http://www.cryptocoinsnews.com/news/facebook-tipping-developer-talks-dogecoin-quarkcoin-reddcoin/2014/06/24

altcoingood

full member

Activity: 172

Merit: 100

multipool-eu has ~75% of global hash power.

learminer

hero member

Activity: 559

Merit: 500

Quote from: McHammer on June 24, 2014, 04:17:23 AM

so, the blockreward did Not reduced by 75% ?
Angry

as a non miner i dont Like that
some people just bought on that News ...
Angry

Sure it is reduced, just check the block explorer => 35,000 Karma reward.

It's just that while rewards dropped ~75%, the nethash also dropped ~75% (from 3GH/s to below 1GH/s), so profitability for the remaining miners is actually similar to before. There's still 75% less coins overall though.

KarmaKaguy

newbie

Activity: 59

Merit: 0

Quote from: easteagle13 on June 24, 2014, 04:27:36 AM

Quote from: McHammer on June 24, 2014, 04:17:23 AM

so, the blockreward did Not reduced by 75% ?
Angry

as a non miner i dont Like that
some people just bought on that News ...
Angry

it is at 35,000 now why?

the block reward IS reducd by 75%

easteagle13

hero member

Activity: 658

Merit: 500

Quote from: McHammer on June 24, 2014, 04:17:23 AM

so, the blockreward did Not reduced by 75% ?
Angry

as a non miner i dont Like that
some people just bought on that News ...
Angry

It is at 35,000 now, why?

See the block rewards schedule here http://coinwik.org/Karmacoin#Block_Rewards and also in the first page of this forum https://bitcointalksearch.org/topic/annkarm-karma-x11-579973 we just passed 200,000th block.

McHammer

sr. member

Activity: 294

Merit: 250

so, the blockreward did Not reduced by 75% ?
Angry

as a non miner i dont Like that
some people just bought on that News ...
Angry

p4r4m0un7

sr. member

Activity: 406

Merit: 250

KarmaTeam, please change the marker for block rewards on first page.
Now is the time for BTC market. I hope Mintpal and Cryptsy are on the start button for them.

learminer

hero member

Activity: 559

Merit: 500

Quote from: Chargin on June 24, 2014, 02:48:51 AM

Quote from: ShawnLeary on June 23, 2014, 06:58:50 PM

and hashrate still at 3.5 gh/s!!! that is very Karma-like. KarmaHash good.

People can now mine Karma again relatively cheaply, the hash rate has adjusted to the new rewards.

Chargin.

Not the news I hoped for but it had to be expected. Would have been better if the hashrate had stayed high, that would at least have indicated trust by miners that Karma will be worth mining despire lower rewards. Now price will have to catch up to regain that lost hashrate.

Chargin

full member

Activity: 184

Merit: 100

Quote from: ShawnLeary on June 23, 2014, 06:58:50 PM

and hashrate still at 3.5 gh/s!!! that is very Karma-like. KarmaHash good.

People can now mine Karma again relatively cheaply, the hash rate has adjusted to the new rewards.

Chargin.

Vcmint

newbie

Activity: 59

Merit: 0

Quote from: KarmaKaguy on June 23, 2014, 08:10:37 AM

Quote from: Vcmint on June 23, 2014, 07:52:36 AM

Does anyone know how to check the current bitcoin payout address linked to your karma shares?

we are currently working on the share explorer. However, many things in the pipeline... sorry for the inconvinience. I am sure Kosmost will help you out if you contact him.

not a problem, thanks for your response, Im glad its in the pipeline.

ShawnLeary

hero member

Activity: 518

Merit: 504

Quote from: altcoingood on June 23, 2014, 04:45:04 PM

and hashrate still at 3.5 gh/s!!! that is very Karma-like. KarmaHash good.

Beachguy

legendary

Activity: 1019

Merit: 1001

Spectreproject Community Manager

Countdown time....hold on tight!

altcoingood

full member

Activity: 172

Merit: 100

ShawnLeary

hero member

Activity: 518

Merit: 504

Quote from: Alphi on June 23, 2014, 10:18:16 AM

Hows everyone doing with their bets on the Karma world cup?

Generally I do not gamble but I participated in this event because i thought it would be good to give some coins back to the community and help a good cause.

It looks like the south and central american countries are going strong. I did place some bets on them too because I thought they would have the advantage of being used to the climate.

looks like my home country AUS is out of the running..

I am putting together a nice chart with all of the bets and payouts depending on who wins it all, stay tuned

easteagle13

hero member

Activity: 658

Merit: 500

Quote from: DStefanov on June 23, 2014, 10:51:25 AM

Quote from: easteagle13 on June 23, 2014, 09:40:57 AM

Quote from: DStefanov on June 23, 2014, 09:19:19 AM

@learminer, @altcoingood and easteagle13 Thank you for your quick and explanatory answers my question! I wish success to you and Karma coin! Wink

You're welcome, do you happen to be Russian, excuse me for asking but we are looking for people who can translate the main websites to other languages; one of which is Russian.

Sorry, but i am from Bulgaria! Wink

Ahh okay, great to know we have you here! Just say when you're interested in taking part in our community projects.

Topic: [ANN][KARM] Karma / ₭ / X11 - page 293. (Read 583278 times)