[ANN][SCRYPT] KlondikeCoin ★ Cryptsy.com ★ Prepaid VISA Cards ★ 0% Premine [KDC] - page 531.

brother3

hero member

Activity: 980

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Quote from: Nullu on January 14, 2014, 06:17:07 PM

Quote from: brother3 on January 14, 2014, 06:08:39 PM

Quote from: Nullu on January 14, 2014, 05:48:04 PM

Yep. Hashrate is still slowly climbing. I'm probably not going to be able to solo mine for much longer. Looks like people are finally starting to realise how valuable this coin is. Just a few hundred are valuable now.

How do you know when to switch from solo to pool?

Difficult to judge. Around level difficulty 1 with my 900mhash it's usually more profitable with a lot of coins, but once it creeps past 1.5 it becomes quite slow, and because the chance of finding a block decreases quite a bit, you may go 6 or 7 hours without finding a coin, and that's when it's time to hit a pool. At least you're guaranteed a steady payout that way.

Usually for me I will solo mine a coin I think is worth holding when I find a block roughly every 3 or 4 hours. Once it creeps past 6 hours, I usually go to pool mining.

Very informative for me..Thanks!

Nullu

hero member

Activity: 532

Merit: 500

Quote from: brother3 on January 14, 2014, 06:08:39 PM

Quote from: Nullu on January 14, 2014, 05:48:04 PM

Yep. Hashrate is still slowly climbing. I'm probably not going to be able to solo mine for much longer. Looks like people are finally starting to realise how valuable this coin is. Just a few hundred are valuable now.

How do you know when to switch from solo to pool?

Difficult to judge. Around level difficulty 1 with my 900mhash it's usually more profitable with a lot of coins, but once it creeps past 1.5 it becomes quite slow, and because the chance of finding a block decreases quite a bit, you may go 6 or 7 hours without finding a coin, and that's when it's time to hit a pool. At least you're guaranteed a steady payout that way.

Usually for me I will solo mine a coin I think is worth holding when I find a block roughly every 3 or 4 hours. Once it creeps past 6 hours, I usually go to pool mining.

At the rate the hashrate is currently increasing, by tomorrow I'll have to switch to pool mining. Going to see if I can mine a few more blocks overnight. I'd really like to hit 5k before having to switch to pool mining.

Quote from: brother3 on January 14, 2014, 06:16:40 PM

Quote from: placebo on January 14, 2014, 06:14:38 PM

We are getting close to 200Mh/s on the network....I started 9 hours ago on smalltimeminer and i was second biggest, now i'm only 6th biggest, number of miners has increased from 27 to 39. My block share dropped to 4 KDC per block, 9 hours ago I had 10 - 12 KDC, we are getting bigger and bigger...

Less money but good news l Roll Eyes

Coin Army has a 25Mh rig parked on it Grin

That does worry me a bit. Someone holding that many coins.

brother3

hero member

Activity: 980

Merit: 500

Quote from: placebo on January 14, 2014, 06:14:38 PM

We are getting close to 200Mh/s on the network....I started 9 hours ago on smalltimeminer and i was second biggest, now i'm only 6th biggest, number of miners has increased from 27 to 39. My block share dropped to 4 KDC per block, 9 hours ago I had 10 - 12 KDC, we are getting bigger and bigger...

Less money but good news l Roll Eyes

Coin Army has a 25Mh rig parking on it Grin

P.S. Obviously not my rig Embarrassed

placebo

legendary

Activity: 1120

Merit: 1000

We are getting close to 200Mh/s on the network....I started 9 hours ago on smalltimeminer and i was second biggest, now i'm only 6th biggest, number of miners has increased from 27 to 39. My block share dropped to 4 KDC per block, 9 hours ago I had 10 - 12 KDC, we are getting bigger and bigger...

brother3

hero member

Activity: 980

Merit: 500

Quote from: Nullu on January 14, 2014, 05:48:04 PM

Yep. Hashrate is still slowly climbing. I'm probably not going to be able to solo mine for much longer. Looks like people are finally starting to realise how valuable this coin is. Just a few hundred are valuable now.

How do you know when to switch from solo to pool?

waldocarter

full member

Activity: 378

Merit: 100

The Premier Digital Asset Management Ecosystem

Quote from: placebo on January 14, 2014, 05:31:47 PM

I'm looking for a $1 = 1KDC rate

this coin will get way past $1, it has the potential to go to around $5 per coin.

But not yet, which is good as we keep a low profile with low difficulty and lets anyone with small hashrate to chip some nuggets. I'm still concerned about the retargetting time which could be a problem if we get slaughtered by a multipool, so we need more miners on the "stable" side before we get all that multipool jitter on the hashrate graph. I don't want this to be the next RonPaulCoin that gets attacked for 5-6 hours, diff spikes to oblivion and next retarget takes 5 days.

Nullu

hero member

Activity: 532

Merit: 500

Yep. Hashrate is still slowly climbing. I'm probably not going to be able to solo mine for much longer. Looks like people are finally starting to realise how valuable this coin is. Just a few hundred are valuable now.

brother3

hero member

Activity: 980

Merit: 500

Quote from: Nullu on January 14, 2014, 04:42:10 PM

Quote from: brother3 on January 14, 2014, 04:40:32 PM

Quote from: Nullu on January 14, 2014, 04:31:09 PM

Hashrate is rising slowly, which is good for the coin.

I am relatively new at this...could you elaborate please?

Well, the problem with a lot of coins is that people rush to get them on an exchange so they can mine as many as possible and dump the coin. Because we're growing at a steady pace there should be more smaller miners getting Klondike Coins, and the more coin holders the better. We want the coin to be used, not just be sold.

That makes sense...Thanks!

placebo

legendary

Activity: 1120

Merit: 1000

Quote from: KlondikeCoin on January 14, 2014, 05:21:45 PM

All suggestions welcome, sorry if they previously got lost amongst other posts Sad

We have an android app in development

Stay tuned and we'll keep you updated!

Great!!! One tip, make a youtube video of it and put it on the website. Promote something like this very heavily. It will really make the difference.

mmm, maybe i need to buy some more AMD Radeon 7950 card to mine this, because this will be GOLD!!!

placebo

legendary

Activity: 1120

Merit: 1000

Quote from: KlondikeCoin on January 14, 2014, 04:43:51 PM

On a side not, hashrate is on the up! Looks like people are shifting after the coinye collapse. Welcome new miners, you've come to the right place. Enjoy the ride as its going to be one for the crypto history books

GREAT STATEMENT!!! Sorry about the caps

But people are trying to mine all the new coins like crazy, they all think lets mine it at the start, but the problem is that they forget that after 1hour the difficulty is already so high that it is even not smart anymore to mine those hype coins. It is better to mine a coin that doesn't had a hype, but as you said ,the hashrate is moving up. I've started 8 hours ago and the hashrate was 100MH/s, now we are close to 150MH/s, in the beginning i received 10-12 KDC per block, now it is already down to 6KDC, so for myself it is not good ,less coins, but this also mean that x number of people were added to mine KDC. I'm looking for a $1 = 1KDC rate, and not planning to sell any coins on any exchange, and if we are at a exchange and the price is too low, i will just buy them. This coin takes 3 years to mine, not 3 months like certain other coins, and those coins all have problems with dumping, look at DOGE/EAC/LOT/MOON. This coin is very difficult to dump, also because NO big miners are on this coin (yet), someone with 10000Kh/s, and then a few with 3000Kh/s (including me).

Sparkzor

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Activity: 112

Merit: 10

Quote from: KlondikeCoin on January 14, 2014, 04:43:51 PM

A fun read:

http://www.historynet.com/klondike-gold-rush

The slow growth of KDC is pretty similar to the 'slow' gold rush of klondike in the late 1800's

Only we're not all freezing and hiking over mountains Cheesy

As long as we don't follow the last part we should be good!

With regards to games:

A dice game will be setup hopefully tomorrow providing there aren't any problems

We in talks with a php developer about a roulette game and slots as i feel they'd be pretty cool however we don't want to concentrate on those to much

On a side not, hashrate is on the up! Looks like people are shifting after the coinye collapse. Welcome new miners, you've come to the right place. Enjoy the ride as its going to be one for the crypto history books

I'm kind of freezing though... haha

KlondikeCoin

member

Activity: 84

Merit: 10

All suggestions welcome, sorry if they previously got lost amongst other posts Sad

We have an android app in development

Stay tuned and we'll keep you updated!

ress

member

Activity: 112

Merit: 10

Quote from: placebo on January 14, 2014, 03:46:56 PM

I've been in the coin business a decent amount of time and this is really one of the coins with a stable grow. Difficulty is getting higher, little by little, hashrate is picking up, little by little. Things are happening little by little.

Personally i believe it is too early to hit cryptsy or coinedup, maybe because i want more coins for myself Grin

because i believe in this project. I had a chat with the marketing PR guy and he is really great. A dice game is nice, but everybody gave this, so maybe do something special. Why not create a slot machine with 'Gold' blocks, for example when you have 3 'Gold' blocks next to each other you receive 1 KDC, of course make the game so that you can play with 0.1 KDC or so. Personally i believe with the correct timing, with the promotion that is currently being done, plus some more outside promotion i think this coin can hit $1 = 1 KDC one day...

Also a horse race would be nice, or a roulette game.

Thinking outside the box, I like it

I'm not that into gambling (I have absolutely no luck), but I still think that could be a good whay to spread the mined coins. It's bad if a few people is holding large amounts. Keep the ideas coming!

Even though my last post didn't get much attention I'll make a proposal tomorrow (11h from now) in order to get some feedback from the rest of you.

KlondikeCoin

member

Activity: 84

Merit: 10

A fun read:

http://www.historynet.com/klondike-gold-rush

The slow growth of KDC is pretty similar to the 'slow' gold rush of klondike in the late 1800's

Only we're not all freezing and hiking over mountains Cheesy

As long as we don't follow the last part we should be good!

With regards to games:

A dice game will be setup hopefully tomorrow providing there aren't any problems

We in talks with a php developer about a roulette game and slots as i feel they'd be pretty cool however we don't want to concentrate on those to much

On a side not, hashrate is on the up! Looks like people are shifting after the coinye collapse. Welcome new miners, you've come to the right place. Enjoy the ride as its going to be one for the crypto history books

Nullu

hero member

Activity: 532

Merit: 500

Quote from: brother3 on January 14, 2014, 04:40:32 PM

Quote from: Nullu on January 14, 2014, 04:31:09 PM

Hashrate is rising slowly, which is good for the coin.

I am relatively new at this...could you elaborate please?

Well, the problem with a lot of coins is that people rush to get them on an exchange so they can mine as many as possible and dump the coin. Because we're growing at a steady pace there should be more smaller miners getting Klondike Coins, and the more coin holders the better. We want the coin to be used, not just be sold.

brother3

hero member

Activity: 980

Merit: 500

Quote from: Nullu on January 14, 2014, 04:31:09 PM

Hashrate is rising slowly, which is good for the coin.

I am relatively new at this...could you elaborate please?

placebo

legendary

Activity: 1120

Merit: 1000

Quote from: Nullu on January 14, 2014, 04:31:09 PM

Quote from: Sylon on January 14, 2014, 04:21:31 PM

Did you know if any exchange platform will accept Klondike in the coming days ?

We're not really pushing too hard to get on an exchange asap. We're not interested in dumping. Klondike will very likely hit exchanges, but this is a coin to hold on to.

Hashrate is rising slowly, which is good for the coin.

Indeed, Hashrate is rising slowly, and that is how we need to keep it, increase slowly by REAL miners no multipool that destroy coins. I'm a strong believer that this one can hit $1 per 1KDC, this will give a marketcap of $20M by 2017, looks high when you compare it with current marketcaps of coins, as DOGE is only trading at $10M marketcap (of course still 3/4 to mine so total will be $40M), but i believe that good news can bring a rally in all altcoins and this will also be good for KDC even when we are not trading yet. So my personal forecast is $1 = 1KBC

Nullu

hero member

Activity: 532

Merit: 500

Quote from: Sylon on January 14, 2014, 04:21:31 PM

Did you know if any exchange platform will accept Klondike in the coming days ?

We're not really pushing too hard to get on an exchange asap. We're not interested in dumping. Klondike will very likely hit exchanges, but this is a coin to hold on to.

Hashrate is rising slowly, which is good for the coin.

Sylon

legendary

Activity: 1568

Merit: 1169

Did you know if any exchange platform will accept Klondike in the coming days ?

placebo

legendary

Activity: 1120

Merit: 1000

Quote from: holzer on January 14, 2014, 03:59:25 PM

Honestly as someone who was invested in LOT for awhile. The games did nothing for the coin. All they do is strip coins from investors and hand them over to a few people who just end up dumping them. Just continue building up the coin and community like you have been. The games can come later.

LOTcoin came too fast to the market, miners were dumping the coin. A coin first need to have a basic, a basic from outside. They already need to have some business outside this world. My girlfriend give massages, for example if she allow people to pay with KDC then outside world will also start buying KDC for paying those massages. Go next door and check with the pizza shop if they want to support you. Put everywhere reclame from your coin, in your city, next to the city, on facebook, on youtube, on twitter. First make sure that you have a lot of people that want to use the coin and if you have enough of them, then go to the market. I don't mind to mine 3 months without seeing a dollar, as i know when marketing is right then 1KDC can be $1

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