whats the benefit of attacking pools? this is helpful to anyone??
Financial gain could be a motive when it cost less to carryout the attack than the cost of mining. Less competition gives the attacker more time to solve a block.
Topic: [ANN][RIC] Riecoin: constellations POW *CPU* HARD FORK successful, world record - page 222. (Read 685214 times)
February 28, 2014, 01:51:26 PM
Financial gain could be a motive when it cost less to carryout the attack than the cost of mining. Less competition gives the attacker more time to solve a block.
February 28, 2014, 01:41:43 PM
whats the benefit of attacking pools? this is helpful to anyone??
The only "benefit" I can think of is when the difficulty retargets it may go a little lower since the DDoS wastes the hashrate of the pool for a brief time, lowering the average block time in that period.
Also, it benefits any other coin by killing off weak competition. Not gonna lie, this one's looking pretty weak right now. I'm getting a little worried about holding it honestly.
No interest, no marketing, no news, no pools, not easy to mine. . .there's really not a lot of hooks into this right now other than having an awesome PoW concept.
And don't go and quote me the idiotically large buy order on Poloniex. Check out the depth below it, like 2000 coins will take this turd-train back to sub .0003 levels. One, maybe two people with about 18 bitcoins are interested in this coin and that's about it.
Someone reassure me!
February 28, 2014, 01:26:30 PM
whats the benefit of attacking pools? this is helpful to anyone??
The only "benefit" I can think of is when the difficulty retargets it may go a little lower since the DDoS wastes the hashrate of the pool for a brief time, lowering the average block time in that period.
February 28, 2014, 01:25:44 PM
whats the benefit of attacking pools? this is helpful to anyone??
those that solo mine for sure...
February 28, 2014, 01:21:10 PM
whats the benefit of attacking pools? this is helpful to anyone??
February 28, 2014, 01:06:50 PM
any pools??
YPOOL, which is currently under a denial-of-service attack.
February 28, 2014, 12:34:48 PM
any pools??
February 28, 2014, 12:10:26 PM
don't listen to people that tell you to do less. There is no problem witch Riecoin trading everywhere you can possibly think of. Do more for the coin - not less - do it in your own way.
February 28, 2014, 12:08:53 PM
any idea when we could expect some other pools avaiable?
YPOOL seems to be an easy target for attacks and has become very unstable. It's time to begin work on an open source pool for Riecoin.
February 28, 2014, 11:50:15 AM
any idea when we could expect some other pools avaiable?
February 28, 2014, 07:57:53 AM
RIC is not listed on AGX anymore...
February 27, 2014, 11:26:28 PM
I 2nd your answer to that! 
February 27, 2014, 10:19:04 PM
https://bitcointalksearch.org/topic/m.5418475
Be sure to vote for Riecoin! This poll decides which coin gets added to atomic-trade.com next.
Be sure to vote for Riecoin! This poll decides which coin gets added to atomic-trade.com next.
I don't think its a good idea to go for small exchanges. We already have 2 or 3. Mintpal, Poloniex, and soontobe Austin Global Ex. Lets concentrate on vendors accepting Riecoin as payment since it is after all a currency, not a stock, so more merchants = more value to Riecoin. We should only focus on dominating 3 exchanges, Cryptsy (for U.S), Vircurex or Btc-e(unlikely since they never add anything) for Europe, and Bter for China.
February 27, 2014, 10:12:32 PM
https://bitcointalksearch.org/topic/m.5418475
Be sure to vote for Riecoin! This poll decides which coin gets added to atomic-trade.com next.
Be sure to vote for Riecoin! This poll decides which coin gets added to atomic-trade.com next.
February 27, 2014, 06:42:49 PM
February 27, 2014, 06:07:20 PM
How do you think the price will rise to at least $5?
As it was with XPM
As it was with XPM
Since the methods of distribution are different, it's not fair to compare the price per coin of Riecoin to anything except maybe Litecoin, which I believe has the same distribution properties, except it has a multi-year head start and so has more coins circulating.
A better comparison is the market cap between the two coins, and currently Riecoin sits at being 28x less valued than Primecoin. Since they are the only two coins to provide unique utility to the scientific community through their proof-of-work mechanism, but Primecoin has a first-to-market advantage, my personal opinion is Riecoin should eventually be valued at 1/2-2/3rds as much as Primecoin, making the market cap at least $3.75 Million. With the current amount of coins in circulation, that would value each coin at $7.42 each with BTC's current value of ~$580.
Of course this is my overly optimistic opinion, and you should form your own conclusions about the real value of any coin before investing.
February 27, 2014, 06:00:10 PM
How do you think the price will rise to at least $5?
As it was with XPM
As it was with XPM
February 27, 2014, 05:59:01 PM
Riecoin has been added to
The CPU Coin List
The CPU Coin List is a sortable page of alternate cryptocurrencies that are still profitable when mined on your CPU. Here is the CPU Coin List thread on Bitcointalk.
The CPU Coin List
The CPU Coin List is a sortable page of alternate cryptocurrencies that are still profitable when mined on your CPU. Here is the CPU Coin List thread on Bitcointalk.
February 27, 2014, 04:15:46 PM
Riecoin promo video views jumped from 100/day to 1500+/day after hitting coinmarketcaps.
February 27, 2014, 03:55:52 PM
if network was more diverse much higher prices would be justified. get more people to the pie and get this on its legs and try not to loose an inch of momentum while you have it, thanks.
YPOOL is a great pool, but RIC mining is too centralized - YPOOL controls greater than 97% of the mining power.
only pool is ypool 
wtf 
wtf please contact beeeeer we need >1 pool
Seems like the community has spoken, this needs a bounty.
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