hahaha people are so impatient nowadays
Everyone heard how you get rich overnight here lol.
So it's best if it's this night, lol.
Topic: [ANN][KARM] Karmacoin - New Initiatives - Helping People Do Good - page 181. (Read 352488 times)
February 11, 2014, 10:16:19 AM
Everyone heard how you get rich overnight here lol.
So it's best if it's this night, lol.
February 11, 2014, 10:15:17 AM
hahaha people are so impatient nowadays
Haha You're right.
If I had more money, I had bought a lot more coins.
The coins are not worth less.
February 11, 2014, 10:14:53 AM
Haha, just bought a BIIIIIG amount of Karmacoin at 4 satoshi !
Yeah !
Yeah !
February 11, 2014, 10:09:53 AM
hahaha people are so impatient nowadays
February 11, 2014, 10:06:19 AM
are we dead already? 
Dead?? No
The coin is only 8 days old.
February 11, 2014, 09:58:36 AM
anyone else having payout issues with pool.karmacoin.info?
nope
are we dead already?
Yes, sell your karma to me for 3 satoshi if you can't wait another 4 hours. thanks !
KGW is going live in 300~ blocks and there is a diff change in 28 blocks.
February 11, 2014, 09:49:23 AM
are we dead already?
February 11, 2014, 09:35:15 AM
anyone else having payout issues with pool.karmacoin.info?
February 11, 2014, 08:55:27 AM
Can someone please explain to me in simple terms how this difficulty thing works? When and how does it increase or decrease? How does it effect coins in circulation? Where can I check the current difficulty level for KARM? Also, wth is KGW and how does it help this coin?
Difficulty is calculated based on the network hash rate and is meant to keep a single block to be solved around 1 minute, it currently gets recalculated every 240 blocks (which should average to around 240 minutes) currently though multiminers are coming in and mining while the difficulty is low thus increasing the network hashrate and solving blocks in much less time than it's supposed to be. They then leave once the difficulty is recalculated after the 240th block leaving us then stuck on a higher difficulty with less network hash rate causing blocks to take much longer to be solved. KGW will resolve this issue with calculating difficulty much sooner if the hash rate drops.won't that in turn, allow the multiminers to jack the diff up more frequently?
EDIT: The important thing to remember though is if they leave we will no longer be getting stuck on a ridiculous difficulty with block times over 4 minutes anymore.
Thanks spitfire. Do you know how/where I can check the current diff?
Thanks!
February 11, 2014, 08:49:28 AM
Can someone please explain to me in simple terms how this difficulty thing works? When and how does it increase or decrease? How does it effect coins in circulation? Where can I check the current difficulty level for KARM? Also, wth is KGW and how does it help this coin?
Difficulty is calculated based on the network hash rate and is meant to keep a single block to be solved around 1 minute, it currently gets recalculated every 240 blocks (which should average to around 240 minutes) currently though multiminers are coming in and mining while the difficulty is low thus increasing the network hashrate and solving blocks in much less time than it's supposed to be. They then leave once the difficulty is recalculated after the 240th block leaving us then stuck on a higher difficulty with less network hash rate causing blocks to take much longer to be solved. KGW will resolve this issue with calculating difficulty much sooner if the hash rate drops.won't that in turn, allow the multiminers to jack the diff up more frequently?
EDIT: The important thing to remember though is if they leave we will no longer be getting stuck on a ridiculous difficulty with block times over 4 minutes anymore.
Thanks spitfire. Do you know how/where I can check the current diff?
February 11, 2014, 08:33:48 AM
Can someone please explain to me in simple terms how this difficulty thing works? When and how does it increase or decrease? How does it effect coins in circulation? Where can I check the current difficulty level for KARM? Also, wth is KGW and how does it help this coin?
Difficulty is calculated based on the network hash rate and is meant to keep a single block to be solved around 1 minute, it currently gets recalculated every 240 blocks (which should average to around 240 minutes) currently though multiminers are coming in and mining while the difficulty is low thus increasing the network hashrate and solving blocks in much less time than it's supposed to be. They then leave once the difficulty is recalculated after the 240th block leaving us then stuck on a higher difficulty with less network hash rate causing blocks to take much longer to be solved. KGW will resolve this issue with calculating difficulty much sooner if the hash rate drops.won't that in turn, allow the multiminers to jack the diff up more frequently?
EDIT: The important thing to remember though is if they leave we will no longer be getting stuck on a ridiculous difficulty with block times over 4 minutes anymore.
Thanks spitfire. Do you know how/where I can check the current diff?
February 11, 2014, 08:25:14 AM
Can someone please explain to me in simple terms how this difficulty thing works? When and how does it increase or decrease? How does it effect coins in circulation? Where can I check the current difficulty level for KARM? Also, wth is KGW and how does it help this coin?
Difficulty is calculated based on the network hash rate and is meant to keep a single block to be solved around 1 minute, it currently gets recalculated every 240 blocks (which should average to around 240 minutes) currently though multiminers are coming in and mining while the difficulty is low thus increasing the network hashrate and solving blocks in much less time than it's supposed to be. They then leave once the difficulty is recalculated after the 240th block leaving us then stuck on a higher difficulty with less network hash rate causing blocks to take much longer to be solved. KGW will resolve this issue with calculating difficulty much sooner if the hash rate drops.won't that in turn, allow the multiminers to jack the diff up more frequently?
EDIT: The important thing to remember though is if they leave we will no longer be getting stuck on a ridiculous difficulty with block times over 4 minutes anymore.
February 11, 2014, 08:18:45 AM
Can someone please explain to me in simple terms how this difficulty thing works? When and how does it increase or decrease? How does it effect coins in circulation? Where can I check the current difficulty level for KARM? Also, wth is KGW and how does it help this coin?
Difficulty is calculated based on the network hash rate and is meant to keep a single block to be solved around 1 minute, it currently gets recalculated every 240 blocks (which should average to around 240 minutes) currently though multiminers are coming in and mining while the difficulty is low thus increasing the network hashrate and solving blocks in much less time than it's supposed to be. They then leave once the difficulty is recalculated after the 240th block leaving us then stuck on a higher difficulty with less network hash rate causing blocks to take much longer to be solved. KGW will resolve this issue with calculating difficulty much sooner if the hash rate drops.won't that in turn, allow the multiminers to jack the diff up more frequently?
February 11, 2014, 08:04:51 AM
What happens when you send a transaction using the old KARMA wallet?
The transaction will still go through?
The transaction will still go through?
If there are active miners on the wrong fork it should be sent. I might be wrong though.
February 11, 2014, 07:56:46 AM
can anyone tell me how much can i mine with 80 khash on my gts 450
February 11, 2014, 07:55:03 AM
Can someone please explain to me in simple terms how this difficulty thing works? When and how does it increase or decrease? How does it effect coins in circulation? Where can I check the current difficulty level for KARM? Also, wth is KGW and how does it help this coin?
Difficulty is calculated based on the network hash rate and is meant to keep a single block to be solved around 1 minute, it currently gets recalculated every 240 blocks (which should average to around 240 minutes) currently though multiminers are coming in and mining while the difficulty is low thus increasing the network hashrate and solving blocks in much less time than it's supposed to be. They then leave once the difficulty is recalculated after the 240th block leaving us then stuck on a higher difficulty with less network hash rate causing blocks to take much longer to be solved. KGW will resolve this issue with calculating difficulty much sooner if the hash rate drops. February 11, 2014, 07:25:58 AM
Can someone please explain to me in simple terms how this difficulty thing works? When and how does it increase or decrease? How does it effect coins in circulation? Where can I check the current difficulty level for KARM? Also, wth is KGW and how does it help this coin?
February 11, 2014, 06:25:16 AM
What happens when you send a transaction using the old KARMA wallet?
The transaction will still go through?
The transaction will still go through?
February 11, 2014, 05:10:37 AM
Trade karma on https://pmtocoins.com
That site is 100% bullshit, its not just that trading doesn't work, the support button is unclickable!
how does trading not work?
I just clicked support, it took me to the support page... surprise!!!
oh, and, to be clear, I already sold coins there, just need to check withdrawals now.
The three sell orders for Karma right now show no price (0BTC), if you put an order in it does nothing. There also are some DOGE up for sale that I tried to buy at the 200sat listed, or at least that's what I think it was listed at since the prices run over into the next column, but again the order didn't go through, it just sat there. I was forced to remove my BTC a process I'm still waiting. While the support button is technically clickable, it jumps around when I hover my mouse over it. The chat button on the lower right does absolutely nothing. The site is bad and the developers should feel bad.
The support button jumps around on me too. After doing a little digging through the source code for the page, I discovered the url where the support button is supposed to lead to. It's supposed to link to https://pmtocoins.com/index.php?page=newticket .
Don't be so harsh and critical of a brand new exchange. They just opened their doors and still have bugs to work out and things that still need to be implemented. Just give them some time. I'm sure they'll be much better off in the coming weeks and months once they get everything straightened out.
February 11, 2014, 02:58:44 AM
Wallet updated. Now, we wait.
Yup, by my estimates looks like KGW will kick in sometime around 8-9 PM EST tomorrow. Did this calculating the next 166 (the remaining blocks before a difficulty change) blocks @ 3 min block time, then the multiminers will come back and we'll be at around a 30 second or so block time for 240 blocks and back at the 3 min or so range for the remaining 180 blocks until KGW takes effect, for a total of 20 hours or so from now. Can't wait, this will definitely help this coin gain some traction.
Any idea how many Karm I could mine @1500 khs between now and when the Well kicks in?
At the current difficulty, you can expect around 500k coins a day... but it will be dropping soon. Now is as good a time as any to start, come join us.
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