Topic: [ANN][KARM] Karma / ₭ / X11 - page 361. (Read 583278 times)

I would not recommend this pool to anyone. He attacked me because I copied his boilerplate spam and when I asked him about working together I have not gotten a reply from him. Just more boilerplate spam in this thread. (link at the bottom of this post)

He doesn't care that other people have implemented a p2pool before him. So He is not using the global prefix for p2pools meaning that he might as well run a regular pool.

Also he uses a 2% fee, where my p2pool implementation uses a 1% fee.

My p2pool has a fee because I also host the blockchain explorer, seed wallets and I would very much like fees to cover running it.

The fee does not cover it at all but hey I am here for the karma, I knew my server would be running at a loss. I have made $1.20 in about 20 days and I have used a lot of my sparetime making sure it runs properly.

Consider using every other pool before  you use his.... you can see where he got upset at me here: https://bitcointalk.org/index.php?topic=579973.1180

I wonder if this post will make him respond in a proper manner, spew more vile or just ignore me.

Each time we find a block, the reward is halved by the total number of miners (we are 3 actually) and we receive the reward directly on our wallet.
We found 3 blocks in 5 hours.

you should try the p2pool for a while. we found 12 blocks in those 5 hours

How do I know how much my address has mined? When do I recieve the first payout?  Been 5 hours now

Pools list updated  

I put my 1.4 kh/s, I will stay on yours for a while.
I like the prize stuff, it can attract more people, continue like this ! 

You need to SSL your pool, mate. You have clear-text login and signup.

use any pool that does not have a lot of the global hashing power. i'd advertise my own implementation but I don't want to come off as aggressive, I am sure you can find it if you look for it. The fee (1%) helps run critical infrastructure for karma, like the blockexplorer and seed wallets.

karm.multi-pool.eu & karma.hashstrike.com <-- both the pools down.

Any other pool recommended?

looks like some Persians got through the line.. fortunately though they were quickly dispatched. the line still holds...
to the the Persians..."thank you for your coins..."

Basically what you need is a couple of documents:

1) Something that deals with partnerships (why people should partner with Karma, what you bring to the table, etc.)
2) Something that deals with end users (what the project is, why users matter, how you help them, etc.)
3) Something that explains the company itself (who you are, where you come from, what your goals are, etc.)

Since my regular pool is down at the moment I'll chuck the HD 7990 at your pool! How often will I receive payout?

Don't forget to put some smaller 100k KARM bets on a few teams so you don't miss out on a huge upset. 

We have a draft media kit on Karmacoin.me at the Press section but we would probably need a company profile or put together a proposal of how we could partner.

A good currency will be backed by something of value. The USD used to be backed by gold. Now it's backed by a promise from the US government and the fact that it's the de facto world currency. Its value now comes from the government's ability to enforce the dollar standard through diplomacy and military might, and confidence in the present and future economy.

Bitcoin is backed by confidence in its blockchain and the promise of a brighter future because it's the leader in the industry. In this way it mirrors the USD and has a "military" made up by the investors, developers, and companies supporting it.

The great majority of cryptocoins are not backed by anything. They rise in value from irrational exuberance in the marketplace.

Karma is unlike all other coins in that it is backed by something of value. "Karmashares" is our gold mine. There is no limit to the amount of value in this mine. The only limit is our imagination and our willingness to venture inside and discover the value. (It could be argued that NXT, NEM, and other similar coins are backed by the commodities/equities on their asset exchanges. However, the legality of such coins is questionable. Further, Karmashares will own all of its assets outright.)

But let's put it in context of US history.

The American Revolution and Karma's Place in History

Cryptocurrency is like the US economy before the US Constitution. We were first dependent on Bitcoin (the British) and their monetary instruments. The American Revolution changed that, but worthless paper money was still being used in the colonies.

Each colony is like a coin and prints their own money. The time now is like the birth of the US Constitution, with Karma. We are establishing standards and setting guidelines. Other coins do not care about such things because they do not plan for a real future. The future might and power of the new "United States of America" wasn't obvious then and it isn't obvious now. The founding fathers had foresight.

But what Karmashares is doing is "bringing the colonies together" in a different way. The model that we are building will facilitate exponential growth and expansion of Karma once we have some momentum.

There is a war going on now in the industry, whether or not it is called such. The war is Bitcoin vs. all other coins. We started out peaceably, as any new pilgrims do. But once the vast resources, wealth, and opportunity of this new industry are realized colonies (coins) began to declare independence from the motherland.

Regulation, consolidation, and surrender (and death) of coins is coming in 2014 and 2015. It is already starting to happen. Casualties abound. And colored coins, merged mining, contracts, and other inventions will swallow up remaining altcoins like there's no tomorrow. Few coins will survive this. I'm not saying these are bad things. Innovation is good. But what side of innovation will you be on? Will your next coin be a colored coin inside of Bitcoin (the British)? A contract inside of Ethereum (the French)? Perhaps you'll just be an asset on the exchange of another coin (stateless Welsh or Sikh). Maybe you'll survive by giving up your power and merging your mining with someone stronger (an alliance) or sacrifice your independence for security (colonization).

Karma is adding value to its coin through Karmashares in order to be at the forefront of these changes. The coin landscape is not obvious now, but it will be. When billions are pouring into Bitcoin via the new equities on US markets (possibly followed by other markets such as China, Hong Kong, Singapore, etc) it will become very obvious that cryptocurrency is going mainstream.

Once Karmashares takes off the devs of other coins will flock to us from their worthless coins and want to do iPOCOs of their own. Then you will see the true power of Karma backed by the value that Karmashares has built up over the months.

So, in my opinion, the only coins that will survive are the British (Bitcoin) and the United States of America (Karma). There will be other coins under the influence of both, but with our model we can actually become much stronger and more valuable than Bitcoin.

We are the only non-Bitcoin coin laying the foundation for our survival. It will be more obvious as time goes on, but only the foolish would be loading up on "colonial scripts" right now.

I hadn't thought of that, and it's a great idea. Someone needs to set up a press package for the coin that can be sent out for that. As far as I know there are no press packages atm.

Another idea - Just browsing through the latest Humble Bundle offerings and thought "Wouldn't it be great if I could purchase with Karma?"


Humble Bundle is all about paying what you think something is worth and donating to charity - It's the perfect companion for us!

Any idea what we would need to do to get something rolling there?

pool.terahashers.com

Dedicated pool server with VARDIFF, using the PROP (proportional) reward system.
No need to register. Just use your wallet address as username!

stratum+tcp://pool.terahashers.com:5003 -u -p

Please join, and let me know if you have any problems!

For a limited period of time miners with high hashrates can win a prize in my pool.
Check it out!

bravo. sent a few coins myself.