Author

Topic: [ANN][MIN] Minerals - POS | Developing own anon solution | - page 449. (Read 742176 times)

legendary
Activity: 3248
Merit: 1070
50mh/s is even better, i'm voting this

it's fair for small miner
legendary
Activity: 1260
Merit: 1000
Italian translation DONE

https://bitcointalksearch.org/topic/--646145

EDIT: where to put new logo? I have some ideas....


Looks really interesting, I will bite:-)  I too agree with a limit though of 50-100 mh/s as it just better aids to the stated purpose behind the coin's development.

agree 100% that`s why will be nice distribution!
100% agree.

Good that there is a debate. I've added the poll about this. Please vote and express your opinion.

That's cool that you're taking a vote on this!  I bet 100 minerals 50 wins:-)
legendary
Activity: 2165
Merit: 1002
Italian translation DONE

https://bitcointalksearch.org/topic/--646145

EDIT: where to put new logo? I have some ideas....
Thanks mate, I've updated the OP.
Could you upload new logo ideas here or to a file server?

Is greek OK? If so please update the OP. I put the link in post #65
member
Activity: 84
Merit: 10
Minerals Dev
Italian translation DONE

https://bitcointalksearch.org/topic/--646145

EDIT: where to put new logo? I have some ideas....


Looks really interesting, I will bite:-)  I too agree with a limit though of 50-100 mh/s as it just better aids to the stated purpose behind the coin's development.

agree 100% that`s why will be nice distribution!
100% agree.

Good that there is a debate. I've added the poll about this. Please vote and express your opinion.
member
Activity: 84
Merit: 10
Minerals Dev
Italian translation DONE

https://bitcointalksearch.org/topic/--646145

EDIT: where to put new logo? I have some ideas....
Thanks mate, I've updated the OP.
Could you upload new logo ideas here or to a file server?
member
Activity: 112
Merit: 10
Italian translation DONE

https://bitcointalksearch.org/topic/--646145

EDIT: where to put new logo? I have some ideas....


Looks really interesting, I will bite:-)  I too agree with a limit though of 50-100 mh/s as it just better aids to the stated purpose behind the coin's development.

agree 100% that`s why will be nice distribution!
100% agree.
legendary
Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
Italian translation DONE

https://bitcointalksearch.org/topic/--646145

EDIT: where to put new logo? I have some ideas....


Looks really interesting, I will bite:-)  I too agree with a limit though of 50-100 mh/s as it just better aids to the stated purpose behind the coin's development.

agree 100% that`s why will be nice distribution!
legendary
Activity: 1260
Merit: 1000
Italian translation DONE

https://bitcointalksearch.org/topic/--646145

EDIT: where to put new logo? I have some ideas....


Looks really interesting, I will bite:-)  I too agree with a limit though of 50-100 mh/s as it just better aids to the stated purpose behind the coin's development.
legendary
Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
Italian translation DONE

https://bitcointalksearch.org/topic/--646145

EDIT: where to put new logo? I have some ideas....
full member
Activity: 247
Merit: 100
O__o
I'm in . ANd i agree that 100 MHs should be max.
sr. member
Activity: 252
Merit: 250
I agree with 100MH limit. I wouldn't mind if you lowered it to 50MH honestly. Either way I'm a big fan of SC and I like your efforts to keep this out of mining farms or greedy pool owners hands. Definitely interested.
member
Activity: 84
Merit: 10
Minerals Dev
without standard pools i'm out.

too much scams around to trust that kind of launch; too bad; i'm a heavy starcraft player.

good luck anyway

why would you need standard pools? You will lose more then you will benefit if the coin source released during POW stage. Asics will flood in, big farms and rentals will flood in and dump coins right away. Average miner gets nothing. Not to mention pools that charge you up to 2% fee for nothing on top of the premine that is needed for coin promotions. Why all coins are crap now? Because of unfair distribution. Distribution of Minerals going to be fair. We are setting up abe block explorer to be totally transparent from the start

monopoly + crypto = wtf

How many times have you seen a single pool having more than 50% of the network and sometimes even 80%? I've seen this multiple times, especially lately. Monopoly is there so why not have one that benefits the coin and the community rather than pool operators who will dump the coin?
full member
Activity: 154
Merit: 100

It is obvious that there is no system that is perfect that is why we will be constantly monitoring all pools and look for any abnormal behavior.
Pool statistics is public, I don't understand how could anyone introduce these "phantom" miners without being noticed.

I've received some not so pleasant PMs saying that not allowing solomining and rented rigs is bad and is scam - I think we all now what is happening with coins mined by big farms and rented rigs and this is exactly the reason why we want to exclude these miners from our coin. At the end of the day it is the small miner that is being hurt and Minerals is trying to avoid this.

I like your coin. I am a small time hobbyist miner, with no more than 40 MH/s (x11) in my operation.  Most coins that are released nowadays are usually instantly mined by large mining farms and then immediately dumped as soon as the coin hits an exchange. This dumping stunts the growth of any new coin and kills off any potential it may have. Hopefully your design to limit hashrate per miner/worker will be effective. Good luck on your launch, I will be mining some minerals Smiley

SCV good to go, sir!
member
Activity: 84
Merit: 10
Minerals Dev
without standard pools i'm out.

too much scams around to trust that kind of launch; too bad; i'm a heavy starcraft player.

good luck anyway

why would you need standard pools? You will lose more then you will benefit if the coin source released during POW stage. Asics will flood in, big farms and rentals will flood in and dump coins right away. Average miner gets nothing. Not to mention pools that charge you up to 2% fee for nothing on top of the premine that is needed for coin promotions. Why all coins are crap now? Because of unfair distribution. Distribution of Minerals going to be fair. We are setting up abe block explorer to be totally transparent from the start

monopoly + crypto = wtf

anyway as said glhf but i won't touch that.

cheers


Seriously... how do we know you don't have 50% phantom miners taking all the shares?   This thing smells of something and it's not nice.

Your "charge" could be way higher than 2% with all your phantom miners.

Restricting by IP is useless. Ever heard of proxy?
It is obvious that there is no system that is perfect that is why we will be constantly monitoring all pools and look for any abnormal behavior.
Pool statistics is public, I don't understand how could anyone introduce these "phantom" miners without being noticed.

I've received some not so pleasant PMs saying that not allowing solo mining and rented rigs is bad and is scam - I think we all know what is happening with coins mined by big farms and rented rigs and this is exactly the reason why we want to exclude these miners from our coin. At the end of the day it is the small miner that is being hurt and Minerals is trying to avoid this.
legendary
Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
Italian and polish translation RESERVED

EDIT: polish translation DONE by szwagiercz --> https://bitcointalksearch.org/topic/ann-minerals-x11-powpos-dla-fanow-starcrafta-bez-ipo-bez-preminu-innowacje-641396

Taking only Italian one....
full member
Activity: 182
Merit: 100
I am in, i like coins with 0 premine
full member
Activity: 154
Merit: 100


+1

I think even 100 mh/s is a lot (300 mh/s a looooot lot)

Yeah, 300 mh/s on x11 is still quite a bit imo. My current set up yields about 35 MH/s and it was a $5k investment. Someone would have to invest 10x more ($50k+) to achieve 300 MH/s on x11.
sr. member
Activity: 322
Merit: 250
without standard pools i'm out.

too much scams around to trust that kind of launch; too bad; i'm a heavy starcraft player.

good luck anyway

why would you need standard pools? You will lose more then you will benefit if the coin source released during POW stage. Asics will flood in, big farms and rentals will flood in and dump coins right away. Average miner gets nothing. Not to mention pools that charge you up to 2% fee for nothing on top of the premine that is needed for coin promotions. Why all coins are crap now? Because of unfair distribution. Distribution of Minerals going to be fair. We are setting up abe block explorer to be totally transparent from the start

monopoly + crypto = wtf

anyway as said glhf but i won't touch that.

cheers


Seriously... how do we know you don't have 50% phantom miners taking all the shares?   This thing smells of something and it's not nice.

Your "charge" could be way higher than 2% with all your phantom miners.

Restricting by IP is useless. Ever heard of proxy?
member
Activity: 84
Merit: 10
without standard pools i'm out.

too much scams around to trust that kind of launch; too bad; i'm a heavy starcraft player.

good luck anyway

why would you need standard pools? You will lose more then you will benefit if the coin source released during POW stage. Asics will flood in, big farms and rentals will flood in and dump coins right away. Average miner gets nothing. Not to mention pools that charge you up to 2% fee for nothing on top of the premine that is needed for coin promotions. Why all coins are crap now? Because of unfair distribution. Distribution of Minerals going to be fair. We are setting up abe block explorer to be totally transparent from the start

monopoly + crypto = wtf
full member
Activity: 238
Merit: 100
FRX: Ferocious Alpha
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