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Topic: [ANN][MID]MidasCoin|New Scrypt PoM|Backed Value|ATM card|Referral|NO IPO|UNIQUE - page 29. (Read 63992 times)

sr. member
Activity: 336
Merit: 250
Thank you for your answers and congratulations on your team.

I don't have any ASIC equipment. I do have around 3Mh/s rig, but I'm guessing that 5 minutes after launch, my hashrate will be insignificant and not profitable to mine. So I'm wondering how's that being more available to everyone.  Undecided

You may find hard to tell, but Im kind of anti-ASIC type of person  Grin

In your opinion, what's good about ASIC's and is a good idea allow them in the cryptocurrencies? I mean, I'm loving the concept of Midas, but still, I found ASIC's just evil. Tongue



You think everyone has GPU rigs?  Why?  More people own ASIC than gpu rigs.  If you wan't to mine something that is anti-asic...go mine x13 or x15 coin.

ASICS are only made because it is worth the money to produce them.  It makes a network more secure and shows that the algorithm has confidence in the long term.  You think a company like GAWminers would produce an ASIC for an algorithm that is going to die?  No, they make an ASIC for an algorithm that is proven and is going to be around for a long time.

ASICS are only evil to the people who refuse to invest in them.  A coin will NEVER be mass adopted if the coin is only mined by GPU's.  You think millions of dollars are going to be invested in a coin when only people with dedicated GPU rigs can mine them?  Are you totally insane?

My final point...what coins do you know of that claim to be 'anti-asic'?  Vertcoin is one...how is that coin doing?  What other full Proof of Work coin that is 'anti-asic' that is doing well?  None.

legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
Midas Payment Ltd has collected the the opt-in list through their websites, pool, and additional services (like faucet, etc), directly or indirectly managed.

Where can we subscribe to the list, can't find it anywhere?...
hero member
Activity: 812
Merit: 500
Thank you for your answers and congratulations on your team.

I don't have any ASIC equipment. I do have around 3Mh/s rig, but I'm guessing that 5 minutes after launch, my hashrate will be insignificant and not profitable to mine. So I'm wondering how's that being more available to everyone.  Undecided

You may find hard to tell, but Im kind of anti-ASIC type of person  Grin

In your opinion, what's good about ASIC's and is a good idea allow them in the cryptocurrencies? I mean, I'm loving the concept of Midas, but still, I found ASIC's just evil. Tongue

newbie
Activity: 42
Merit: 0
Hello MidasCoin, thank you for the detailed OP.

I do have some questions, tho.

Thanks,
Mega

1) Why didn't you made a new algo, ASIC resistant, in order to keep mining available to everyone?

Our thought is exactly the opposite, we think that with the approach of Asic to the public, moving the main currency on new aglos is an attempt to kept em "less available" to everyone, and more "suitable" for grey financial schemes.

2) What are your thoughts about centralization of mining power?

In our case, centralizing mining power allow us to offer backed  and guaranteed currency value, the referral system, 0% mining fee, merchant platform, and a lot of upcoming features. People may like it or not, but our offer is clear

3) Can we know who the MidasCoin Team is?

http://midaspay.io/the-golden-squad/

4) And finally, how did you get my email? Smiley

I remand for this to another reply, that inform about the matter:
https://bitcointalksearch.org/topic/m.8711852

Thanks for your interest!
hero member
Activity: 812
Merit: 500
Hello MidasCoin, thank you for the detailed OP.

I do have some questions, tho.

1) Why didn't you made a new algo, ASIC resistant, in order to keep mining available to everyone?

2) What are your thoughts about centralization of mining power?

3) Can we know who the MidasCoin Team is?

4) And finally, how did you get my email? Smiley

Thanks,
Mega
newbie
Activity: 42
Merit: 0
Quote
Mining compatibility with x11/x13 and sha256
We can use sha256 during the start or is it still in development?


Actually is ONLY scrypt mining.

Team is working for add multi-algo mining, but ETA is not before 45 days.

Regards
newbie
Activity: 42
Merit: 0
just received an email about this coins launch in 20 hours

was wondering how you guys got my email address?

Hello,

Midas Payment Ltd has collected the the opt-in list through their websites, pool, and additional services (like faucet, etc), directly or indirectly managed.

Personal data are managed accordingly to the privacy policy http://midaspay.io/privacy-policy/
and is possible to unsubscribe with 1 click from the newsletter.

We invite you to stay subscribed, cause we are launching our "Promotional voucher services", that will allow merchant to offer MidasCoin voucher to their customers, and we need to test it on the battlefield.

Here an example of a voucher code:
http://cryptotrends.info/CryptoMux/voucher/?secret=dec2dcff872a80aa5b5f7932b0f0d19ab1374116

We don't want to force anyone to receive our newsletter, but on the next Weekly newsletter everyone (no matter if joined on the pool, the coin website, as a merchant, or external service) will receive a Midascoin voucher, instantly redeemable for MidasCoin.

Stay tuned, stay subscribed!
legendary
Activity: 1148
Merit: 1000
Only a few hours left before launch, this is getting really exciting  Cheesy Unfortunately it looks like my asic won't get here in time  Undecided
No biggie though, I'm definitely renting some hash for this one. Happy mining everyone!  Grin


Quote
Mining compatibility with x11/x13 and sha256
We can use sha256 during the start or is it still in development?

I don't think it'll be available at launch. Check op. I could be wrong though.
member
Activity: 118
Merit: 100
Quote
Mining compatibility with x11/x13 and sha256
We can use sha256 during the start or is it still in development?
full member
Activity: 121
Merit: 100
Signed up the pool and get ready to mine.
sr. member
Activity: 368
Merit: 250
just received an email about this coins launch in 20 hours

was wondering how you guys got my email address?

Me too!!!  I guess they got it from this site.  Huh
legendary
Activity: 1457
Merit: 1001
just received an email about this coins launch in 20 hours

was wondering how you guys got my email address?
newbie
Activity: 42
Merit: 0
Which exchange will this coin be on? I want to watch whether it will rise or die immediately.

Several Exchanges have contacted us with the wish provide listing for MidasCoin.

We will go into an audit of their security policy with calm after the launch.

We have nothing to dump, so no rush to be in any exchange.   Our currency is  backed and chashable in every moment through our corporate site http://midaspay.io

Thanks for your interest
member
Activity: 109
Merit: 10
Prepare your self MidasCoin in 1 days 14 hours Cheesy

yeah we are ready for MidasCoin in 23 hours

Which exchange will this coin be on? I want to watch whether it will rise or die immediately.
newbie
Activity: 5
Merit: 0
I don't believe you guys are falling for this scam lol

Good luck!
newbie
Activity: 42
Merit: 0
Release date:



Let the frenzy begin!  Cool
hero member
Activity: 882
Merit: 595
Prepare your self MidasCoin in 1 days 14 hours Cheesy

yeah we are ready for MidasCoin in 23 hours
legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
newbie
Activity: 42
Merit: 0
Getting "nvcc fatal   : Value 'compute_10' is not defined for option 'gpu-architecture'" when trying to compile binary for Linux 64bit. Seems like Google has no solution, at least I've not found it.
Somebody has compiled binary for Linux 64bit? I have Nvidia 560ti. Thanks...

Apologies, but what software are you talking about ?
legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
Getting "nvcc fatal   : Value 'compute_10' is not defined for option 'gpu-architecture'" when trying to compile binary for Linux 64bit. Seems like Google has no solution, at least I've not found it.
Somebody has compiled binary for Linux 64bit? I have Nvidia 560ti. Thanks...
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