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Topic: [ANN][SHA]SHACoin2 - Dead Revival - Virtual & Physical Coin - Faucet - page 153. (Read 198323 times)

hero member
Activity: 701
Merit: 511
this coin has a lot of potencial   Wink
member
Activity: 98
Merit: 10
According to the pool I'm on..  65TH/s Net Hashrate..   Pretty impressive for a first day coin..
legendary
Activity: 1946
Merit: 1035
missed this post glad it was brought back to the top interesting sha coin  Cheesy


You are still early... and thus lucky Grin
full member
Activity: 172
Merit: 100
If voting made any difference they wouldn't let us
missed this post glad it was brought back to the top interesting sha coin  Cheesy
newbie
Activity: 56
Merit: 0
Official Email send the wallet is a problems, Can not submit the block ,  The source code is re-installed. now running normal, Welcome to come mining....

http://sha.sumpool.com
Fast server &pro pool
200 confirms. Fastest confirms(other pool 500 confirms)
PPLNS 1%FEE auto-payout:5 minutes



Thanks, and happy mining!

Wish it had been fixed when I wasted my miner mining on there up until the diff was 10K.. Sad  Got NOTHING..

to:sx1234
I was officially given pit, out of the question, I have to look for an official communication to solve, but he has not replied, finally themselves.
   Now dig blocks quickly. POOL has a one block
http://sha.sumpool.com/index.php?page=statistics&action=pool

welcome to come sumpool.....Thank you for your support!!!
sr. member
Activity: 434
Merit: 250
i've been reading the wiki, but it's waaaaay over my head lol
I shall hereby be renamed Raskul the Noob.

and thanks for clarifying. So... the stake part of my wallet, will it show the percentage of coins I hold compared to the total network, or  does it just work out the 'stake / interest' to be paid on my held coins?

ADD: i find this fascinating.

I don't know the specifics for SHACoin, but for other PoS coins like PPC (hybrid) or NXT (pure PoS), your stake is indeed the amount of coins held in your wallet vs all coins on the network. Generally, there is a minimum age requirement for the coins serving as PoS.

I can't tell how the client will report it, but I suppose you could easily figure out your stake by dividing your share of coins by the total number of generated coins (something that can already be reported in real time using the 'getinfo' command for example).

The process of generating blocks via PoS, vs PoW, is called minting (at least in Peercoin and NXT terms), vs mining (SHA256, scrypt...)

Which makes me wonder... PoS is a more energy efficient method of producing a crytocurrency, and for that reason, far more sustainable.
I like this. And even tho I on;y have a meagre 55GH which I am able to mine it (the rest of my rig is getwork and I find it is a tad temperamental in mining alt coins) - I should keep mining this until block 14400, at which point, the coins I hold will sustain the network without the need to mine it? please correct me if this is wrong?
legendary
Activity: 1946
Merit: 1035
i've been reading the wiki, but it's waaaaay over my head lol
I shall hereby be renamed Raskul the Noob.

and thanks for clarifying. So... the stake part of my wallet, will it show the percentage of coins I hold compared to the total network, or  does it just work out the 'stake / interest' to be paid on my held coins?

ADD: i find this fascinating.

I don't know the specifics for SHACoin, but for other PoS coins like PPC (hybrid) or NXT (pure PoS), your stake is indeed the amount of coins held in your wallet vs all coins on the network. Generally, there is a minimum age requirement for the coins serving as PoS.

I can't tell how the client will report it, but I suppose you could easily figure out your stake by dividing your share of coins by the total number of generated coins (something that can already be reported in real time using the 'getinfo' command for example).

The process of generating blocks via PoS, vs PoW, is called minting (at least in Peercoin and NXT terms), vs mining (SHA256, scrypt...)
sr. member
Activity: 434
Merit: 250
ok, forgive my ignorance, but can someone explain in laymans terms how the PoS system will work - does this kick in when we reach block 14400? and what does it do exactly? what does the 'Stake' part on my wallet actually mean? is it like; interest gathered on held coins? and if so, how does this work exactly?

Basically, yes.

How does it work exactly? There's got to be a whitepaper for this. I'll link it if I can find it.

i've been reading the wiki, but it's waaaaay over my head lol
I shall hereby be renamed Raskul the Noob.

and thanks for clarifying. So... the stake part of my wallet, will it show the percentage of coins I hold compared to the total network, or  does it just work out the 'stake / interest' to be paid on my held coins?

ADD: i find this fascinating.
+ADD: https://bitcointalksearch.org/topic/proof-of-stake-instead-of-proof-of-work-27787
legendary
Activity: 1946
Merit: 1035
ok, forgive my ignorance, but can someone explain in laymans terms how the PoS system will work - does this kick in when we reach block 14400? and what does it do exactly? what does the 'Stake' part on my wallet actually mean? is it like; interest gathered on held coins? and if so, how does this work exactly?

Basically, yes.

How does it work exactly? There's got to be a whitepaper for this. I'll link it if I can find it.
sr. member
Activity: 434
Merit: 250
ok, forgive my ignorance, but can someone explain in laymans terms how the PoS system will work - does this kick in when we reach block 14400? and what does it do exactly? what does the 'Stake' part on my wallet actually mean? is it like; interest gathered on held coins? and if so, how does this work exactly?

please n thanks.


R
member
Activity: 98
Merit: 10
Official Email send the wallet is a problems, Can not submit the block ,  The source code is re-installed. now running normal, Welcome to come mining....

http://sha.sumpool.com
Fast server &pro pool
200 confirms. Fastest confirms(other pool 500 confirms)
PPLNS 1%FEE auto-payout:5 minutes



Thanks, and happy mining!

Wish it had been fixed when I wasted my miner mining on there up until the diff was 10K.. Sad  Got NOTHING..
legendary
Activity: 1946
Merit: 1035
How long time it takes from unconfirmed to confirmed  coins on pools?
I wait 3 hours and still not confirm.
Thanks

Wait 5 more hours and it should be confirmed.

500 minutes = 8 hours 20 minutes
legendary
Activity: 1946
Merit: 1035
Impossible to mine with GPU.
Like "it can't be done" impossible or "it's not worth it" impossible?
you can mine it but you wont make hardly anything

Actually, given the very short timeframe when the coin is mineable with PoW, and then the "second market" trading for the days when it will be PoS only, it *might* (if it goes to the moon lol) be profitable even with GPU. It's a pretty risky bet though.
full member
Activity: 182
Merit: 100
How long time it takes from unconfirmed to confirmed  coins on pools?
I wait 3 hours and still not confirm.
Thanks
sr. member
Activity: 434
Merit: 250

How the hell did i miss the first 1500ish blocks

the answer to that is still making me chuckle. best launch of a coin for ages!!!
comical.
sr. member
Activity: 448
Merit: 250
Funny, i've been mining since the pool installed the wallet.

Now i have zero confirmed coins.

What happened to all the early coins before you switched it to 500 confirmations?

We lose them all?

No, they simply became unconfirmed and will become confirmed again at 500 confirmations.

Well, that's interesting.  I only see transaactions going back to block: 1446...

I've been mining since around block 400-500.

How the hell did i miss the first 1500ish blocks when i WAS mining and HAD confirmed blocks/ coins in the wallet? Oh... the coin gods must have taken their shares... forgot about them bastards.
newbie
Activity: 56
Merit: 0
Official Email send the wallet is a problems, Can not submit the block ,  The source code is re-installed. now running normal, Welcome to come mining....

http://sha.sumpool.com
Fast server &pro pool
200 confirms. Fastest confirms(other pool 500 confirms)
PPLNS 1%FEE auto-payout:5 minutes



Thanks, and happy mining!
member
Activity: 98
Merit: 10
Be sure to request SHACoin be added to this exchange...
https://bitcointalksearch.org/topic/atomic-tradecom-new-coin-poll-vote-now-516934

They're voting today..  SHA has enough interest in the coin today to get it listed..
legendary
Activity: 1694
Merit: 1054
Point. Click. Blockchain
sha.cryptopools.com is online.  Spread the hash...


-tb-
sr. member
Activity: 434
Merit: 250
Almost 600 Coins at the crypto-coinz.com pool, all unconfirmed.  Cry         What can I do the get them confirmed?

it's 500 block confirmation time mate, just wait.
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