[ANN][KiB] Kibweecoin | Proof-of-Contribution | Under rework - page 3.

Globee07

member

Activity: 397

Merit: 11

Quote from: placebo on June 13, 2014, 02:49:02 PM

VERY NICE COIN!!! BUT WHY NO IPO?!!! SMALL MINERS ARE ALWAYS MISSING THE BOOT, WE NEED COINS WITH IPO!!!

There is/was some kind of ipo which is the new distribution system, POS , you buy shares for BTC and you get paid KIB (if it is not taken buy some pool lol )

trankil

hero member

Activity: 854

Merit: 539

Quote from: kiki6990 on June 13, 2014, 02:50:43 PM

If you are restarting this coin i`m out of this, i`ll never start mining it again. And i suppose lots of other guys will do the same here!!!

so you are out

because its a new algo and the POC failed and have to be good , if its not good it's not a new algorythm coin but just an X11 coin

this coin is good because its a new way to think

so restart should be fair

ZacharyComstock

full member

Activity: 210

Merit: 102

Quote from: Kib on June 13, 2014, 02:48:13 PM

Quote from: ZacharyComstock on June 13, 2014, 02:45:50 PM

and here is the truth: you may mine at pool.mn and leave all the coins to yoursefl (infcuding coins from POC blocks, whic are huge - 472 coins per POC block compared to 8 coins per regular block). Or you can go to another pool that donate POC blocks to the dev who will then sell these coins to you for bitcoins

pool.mn is not on a fork, dev is spreading fud coz he's losing his coins right now

although I agree that dev should have some reward for his work but in this case dev wants to take 50% of all Kibweecoins which is kinda huge

I'm not losing my coins, the contributors coins are forked, not mines.
0 coins are coming to me.
I may even have to restart the coin because of this fork. What the point so ?

yeah, yeah, contibutors coins, premine, all the same stuff. No dev would confess that he's secretly wishing to dump coins that he control (through premine or POC as you call it) when there is a good opportunity.

pool.mn is on the same fork as other pool, compare block heights, every pool is on the same block

You may now relaunch the coin as this is clearly not what you have expected

Globee07

member

Activity: 397

Merit: 11

Quote from: ZacharyComstock on June 13, 2014, 02:45:50 PM

and here is the truth: you may mine at pool.mn and leave all the coins to yoursefl (infcuding coins from POC blocks, whic are huge - 472 coins per POC block compared to 8 coins per regular block). Or you can go to another pool that donate POC blocks to the dev who will then sell these coins to you for bitcoins

pool.mn is not on a fork, dev is spreading fud coz he's losing his coins right now

although I agree that dev should have some reward for his work but in this case dev wants to take 50% of all Kibweecoins which is kinda huge

LOL dude people already paid BTC for those poc shares, so we need those poc blocks otherwise its us share buyers getting nothing not the dev.
He got the btc for the shares already.

anarchyx914

sr. member

Activity: 338

Merit: 251

Quote from: kiki6990 on June 13, 2014, 02:50:43 PM

Quote from: Kib on June 13, 2014, 02:48:13 PM

Quote from: ZacharyComstock on June 13, 2014, 02:45:50 PM

and here is the truth: you may mine at pool.mn and leave all the coins to yoursefl (infcuding coins from POC blocks, whic are huge - 472 coins per POC block compared to 8 coins per regular block). Or you can go to another pool that donate POC blocks to the dev who will then sell these coins to you for bitcoins

pool.mn is not on a fork, dev is spreading fud coz he's losing his coins right now

although I agree that dev should have some reward for his work but in this case dev wants to take 50% of all Kibweecoins which is kinda huge

I'm not losing my coins, the contributors coins are forked, not mines.
0 coins are coming to me.
I may even have to restart the coin because of this fork. What the point so ?

If you are restarting this coin i`m out of this, i`ll never start mining it again. And i suppose lots of other guys will do the same here!!!

^^ this

bitdigger2013

sr. member

Activity: 397

Merit: 250

Quote from: Kib on June 13, 2014, 02:44:45 PM

Quote from: kiki6990 on June 13, 2014, 02:40:47 PM

pool.mn has less than 51% now, so everything should be ok.

This thing is the hashrate was more than +51% during the POC blocks, allowing the fork by discovering the block + having the best chain.
I have no answer from the pool operators.

We are taking a decision at the moment.
If we need to restart the coin, we will do it so.

As a renter who will lose out on a restart I suggest you restart! No way should that pool benefit from 1888 coins+ if this continues.

kiki6990

full member

Activity: 140

Merit: 100

Quote from: Kib on June 13, 2014, 02:48:13 PM

Quote from: ZacharyComstock on June 13, 2014, 02:45:50 PM

and here is the truth: you may mine at pool.mn and leave all the coins to yoursefl (infcuding coins from POC blocks, whic are huge - 472 coins per POC block compared to 8 coins per regular block). Or you can go to another pool that donate POC blocks to the dev who will then sell these coins to you for bitcoins

pool.mn is not on a fork, dev is spreading fud coz he's losing his coins right now

although I agree that dev should have some reward for his work but in this case dev wants to take 50% of all Kibweecoins which is kinda huge

I'm not losing my coins, the contributors coins are forked, not mines.
0 coins are coming to me.
I may even have to restart the coin because of this fork. What the point so ?

If you are restarting this coin i`m out of this, i`ll never start mining it again. And i suppose lots of other guys will do the same here!!!

Globee07

member

Activity: 397

Merit: 11

Quote from: Kib on June 13, 2014, 02:44:45 PM

Quote from: kiki6990 on June 13, 2014, 02:40:47 PM

pool.mn has less than 51% now, so everything should be ok.

This thing is the hashrate was more than +51% during the POC blocks, allowing the fork by discovering the block + having the best chain.
I have no answer from the pool operators.

We are taking a decision at the moment.
If we need to restart the coin, we will do it so.

Lets hope they give those block rewards over to the POC console.
To be honest they really should, if not it seems the coin will relaunch and their already earnd coins will be destroyed.

placebo

legendary

Activity: 1120

Merit: 1000

VERY NICE COIN!!! BUT WHY NO IPO?!!! SMALL MINERS ARE ALWAYS MISSING THE BOOT, WE NEED COINS WITH IPO!!!

kiki6990

full member

Activity: 140

Merit: 100

Quote from: captainbluff on June 13, 2014, 02:44:00 PM

Quote from: kiki6990 on June 13, 2014, 02:40:47 PM

pool.mn has less than 51% now, so everything should be ok.

ok but are your shares incrementing?

yes they are, the pool works good now, everything is ok.

Kib

newbie

Activity: 28

Merit: 0

Quote from: ZacharyComstock on June 13, 2014, 02:45:50 PM

and here is the truth: you may mine at pool.mn and leave all the coins to yoursefl (infcuding coins from POC blocks, whic are huge - 472 coins per POC block compared to 8 coins per regular block). Or you can go to another pool that donate POC blocks to the dev who will then sell these coins to you for bitcoins

pool.mn is not on a fork, dev is spreading fud coz he's losing his coins right now

although I agree that dev should have some reward for his work but in this case dev wants to take 50% of all Kibweecoins which is kinda huge

I'm not losing my coins, the contributors coins are forked, not mines.
0 coins are coming to me.
I may even have to restart the coin because of this fork. What the point so ?

ZacharyComstock

full member

Activity: 210

Merit: 102

and here is the truth: you may mine at pool.mn and leave all the coins to yoursefl (infcuding coins from POC blocks, whic are huge - 472 coins per POC block compared to 8 coins per regular block). Or you can go to another pool that donate POC blocks to the dev who will then sell these coins to you for bitcoins

pool.mn is not on a fork, dev is spreading fud coz he's losing his coins right now

although I agree that dev should have some reward for his work but in this case dev wants to take 50% of all Kibweecoins which is kinda huge

anarchyx914

sr. member

Activity: 338

Merit: 251

If you plan to relaunch coin, do you plan to compensate renters who paid for rigs to mine?

captainbluff

sr. member

Activity: 422

Merit: 250

Quote from: captainbluff on June 13, 2014, 02:44:00 PM

Quote from: kiki6990 on June 13, 2014, 02:40:47 PM

pool.mn has less than 51% now, so everything should be ok.

ok but are your shares incrementing?

Nvm, seems to be incrementing now

Kib

newbie

Activity: 28

Merit: 0

Quote from: kiki6990 on June 13, 2014, 02:40:47 PM

pool.mn has less than 51% now, so everything should be ok.

http://i.imgur.com/XJ8Gfxb.jpg

This thing is the hashrate was more than +51% during the POC blocks, allowing the fork by discovering the block + having the best chain.
I have no answer from the pool operators.

We are taking a decision at the moment.
If we need to restart the coin, we will do it so.

captainbluff

sr. member

Activity: 422

Merit: 250

Quote from: kiki6990 on June 13, 2014, 02:40:47 PM

pool.mn has less than 51% now, so everything should be ok.

ok but are your shares incrementing?

captainbluff

sr. member

Activity: 422

Merit: 250

I know admin wants some miners to leave kib.pool.mn due to having too much hashing power.

I think there is something wrong with the pool, my miners are still showing hashes but I my valid shares are not incrimenting, anyone else having same issue?

bitdigger2013

sr. member

Activity: 397

Merit: 250

Quote from: trankil on June 13, 2014, 02:38:31 PM

i think you have to cancel and restart

never the miner will leave the pool, because they are earning more and more coin....

Unfortunately I agree. I rented to mine this and will lose out but it would seem the only way to rectify this problem. Unless the owner of the pool that got the coins is honest and willing to stop his payouts and work with you to return those coins to POC account.

It is obvious that those payouts of 472 are not meant for the pool.

4 blocks of 472 = 1888 coins that this pool got that they should not have. If owner is not willing to return those coins then I think the only fair thing to everyone else is to cancel the launch.

kiki6990

full member

Activity: 140

Merit: 100

pool.mn has less than 51% now, so everything should be ok.

trankil

hero member

Activity: 854

Merit: 539

i think you have to cancel and restart

never the miner will leave the pool, because they are earning more and more coin....

Topic: [ANN][KiB] Kibweecoin | Proof-of-Contribution | Under rework - page 3. (Read 37042 times)