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Topic: [ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto - page 19. (Read 138368 times)

hero member
Activity: 546
Merit: 500
39 difficulty!!! WTH??  Shocked Shocked Shocked

Perhaps we are witnessing a grown up pump?  Huh

That seems really bizarre to me, hash power jumping to 2.4 GHS like that for just a few minutes and not coming from any pool... Given current rates at Nicehash, that kind of hash power needs a 2000 satoshi price to support it. So either someone is actively hoarding via solo-mining with a huge rig, or those display values aren't right. I did some digging and it could just be a display problem, (see here: https://github.com/MPOS/php-mpos/issues/2080) which isn't a big deal given we are switching algos soon. If it isn't a display glitch, then it is very interesting indeed!!!  Cheesy

Where are you seeing that difficulty posted? cryptopoolmining stats?
sr. member
Activity: 406
Merit: 250
39 difficulty!!! WTH??  Shocked Shocked Shocked

Perhaps we are witnessing a grown up pump?  Huh

That seems really bizarre to me, hash power jumping to 2.4 GHS like that for just a few minutes and not coming from any pool... Given current rates at Nicehash, that kind of hash power needs a 2000 satoshi price to support it. So either someone is actively hoarding via solo-mining with a huge rig, or those display values aren't right. I did some digging and it could just be a display problem, (see here: https://github.com/MPOS/php-mpos/issues/2080) which isn't a big deal given we are switching algos soon. If it isn't a display glitch, then it is very interesting indeed!!!  Cheesy
sr. member
Activity: 406
Merit: 250
hero member
Activity: 546
Merit: 500
Solar was moving up nicely but it looks like the miners jumped in and dumped on the bid.

Please get this block reduction done asap Cry

TIA

no sense in jumping the gun to push up the price when miners continue to dump.
legendary
Activity: 1736
Merit: 1001
Solar was moving up nicely but it looks like the miners jumped in and dumped on the bid.

Please get this block reduction done asap Cry

TIA
legendary
Activity: 1708
Merit: 1000
Solarcoin.org
The SolarCoin "IPO" is almost over... Talk about hiding in plain sight, I think we've mastered it people!  Grin

On another, more important note. I've been wondering, if you had a 10kW system on your house (which I am planning to do as soon as I can afford it) and you have had it since 2010 which is as far back as the initial grant will go, then we know that you can claim around 60 SLR from the Generator pool immediately AND you continually get grants for another 7.5 SLR every six months (as we are temporarily set up now for grants) for as long as that system generates solar electricity. My question is this (and I don't know the answer):

What value would SolarCoin need to be (in fiat) for you to take the 5 minutes to claim those coins? Keeping in mind that if you stake them in a PoS model you could also earn 1.5% on those holdings?

Next question: What value would SolarCoin need to be for you to actively go out and purchase a system to generate solar power?

I think the first question is more relevant for the next 6 months to a year let's say and should be easier to answer. The second question has more variables as the time line moves out and is more difficult to predict. So let's stick with the first question.

Is it $0.10? $0.50? $1? More? My personal opinion is north of $1 somewhere but I'm highly biased.  Wink

Whatever that number is on average is where we need to be in the next 6-12 months to ensure the mission becomes successful.

I'd say comfortably $1.00-$1.50. I have a lot of repairs that need to get done to the house before I even think about adding a system, so $1.50 would be enough. That would mean the SLR market cap would have to be $40,000,000 however. In a year I don't see that happening. In 3 years however I do see a lot of activity, especially if everything is worked out and the grant program is moving full steam ahead.
legendary
Activity: 1736
Merit: 1001
it sure is hard to buy coins for 800 satoshis when they were just 300 satoshis 2 days ago.

Think about when they are $1 Grin
hero member
Activity: 546
Merit: 500
it sure is hard to buy coins for 800 satoshis when they were just 300 satoshis 2 days ago.
member
Activity: 74
Merit: 10

Finally I managed to setup a Solarcoin Pool  Grin Grin Grin

I am mining there now and testing block finds and payments. This pool is mostly for learning purposes. When the new source code available, I will update it. If the big pools refuses to upgrade, we can use this pool. If needed, I can give administrator user and passwords to the Solarcoin Board.

It uses a medium size server with 2 cores and 3.5GB ram. I can easily upgrade server later.


I am trying the pool with some hashpower and found 2 blocks so far  Cheesy I hope it works smoothly because it belongs to the solarcoin community.



Well done indeed.   I signed up - got the verification email - setup a worker - and then pointed my troublesome GridSeed miners (6Mh ish)  at your pool.  (A wicked test since they seem to be very fussy).  

My username is the same as here to avoid confusion.

I am delighted to report that the stratum and vardiff are working perfectly and the little GridSeeds are humming along and the stats look sensible.  Response times are good - well there are only 2 users Smiley.  I shall test the payment system when I get something to send back.

In short - excellent.  Now let's pray you don't get swamped by whales Smiley

T





I am very glad that you are able to mine Smiley

In fact, server has enough capacity for high loads but we will see  Grin Only disadvantage is my lack of experience, if there is anyone in the forum who wants to help, I happily accept it  Cheesy

And again, if Solarcoin Board requests, I can give server admin rights and pool admin user password.

I will happily help - particularly as I am looking at a similar, block chain based, application for work.  PM me - my address is in your pool details, as I would rather not discuss on open forum.

T
newbie
Activity: 51
Merit: 0

Finally I managed to setup a Solarcoin Pool  Grin Grin Grin

I am mining there now and testing block finds and payments. This pool is mostly for learning purposes. When the new source code available, I will update it. If the big pools refuses to upgrade, we can use this pool. If needed, I can give administrator user and passwords to the Solarcoin Board.

It uses a medium size server with 2 cores and 3.5GB ram. I can easily upgrade server later.


I am trying the pool with some hashpower and found 2 blocks so far  Cheesy I hope it works smoothly because it belongs to the solarcoin community.



Well done indeed.   I signed up - got the verification email - setup a worker - and then pointed my troublesome GridSeed miners (6Mh ish)  at your pool.  (A wicked test since they seem to be very fussy).  

My username is the same as here to avoid confusion.

I am delighted to report that the stratum and vardiff are working perfectly and the little GridSeeds are humming along and the stats look sensible.  Response times are good - well there are only 2 users Smiley.  I shall test the payment system when I get something to send back.

In short - excellent.  Now let's pray you don't get swamped by whales Smiley

T





I am very glad that you are able to mine Smiley

In fact, server has enough capacity for high loads but we will see  Grin Only disadvantage is my lack of experience, if there is anyone in the forum who wants to help, I happily accept it  Cheesy

And again, if Solarcoin Board requests, I can give server admin rights and pool admin user password.
newbie
Activity: 51
Merit: 0
Since the ultimate goal is PoS, why favor Option 1 over Option 3?

I vote Option 3, unless for some reason people think Option 1 would lead to a larger price rise.

Option 1 or 1B would produce a couple million fewer coins into circulation, so the price might rise a bit faster and higher. But I don't think it would be a big difference. We might have 33 million coins in circulation when we switch to PoS instead of 35 million, something like that. About 5-10% fewer coins.

Option 3 might give us a somewhat better chance of persuading pools to switch to the fork. But I don't know enough about how pools operate to have an informed opinion about those prospects. Anyone want to weigh in that?

Instead of persuading pools, why don't we setup our own Solarcoin pool with 0 pool fee ? It cant be so hard. If there someone experienced about pool setup, I can provide a server on azure.

I assume you mean for the purposes of forking the coin successfully once the algorithm is done?

Yes exactly.

We can start trying build a pool fot the current algorithm and when the new one is ready, replace it.

Finally I managed to setup a Solarcoin Pool  Grin Grin Grin

I am mining there now and testing block finds and payments. This pool is mostly for learning purposes. When the new source code available, I will update it. If the big pools refuses to upgrade, we can use this pool. If needed, I can give administrator user and passwords to the Solarcoin Board.

It uses a medium size server with 2 cores and 3.5GB ram. I can easily upgrade server later.

http://slrpool.cloudapp.net/MPOS/public/index.php

I registered but my confirmation email was never received. Sad

I am using very basic email service Smiley Did you check your spam folder ?
legendary
Activity: 1708
Merit: 1000
Solarcoin.org
Since the ultimate goal is PoS, why favor Option 1 over Option 3?

I vote Option 3, unless for some reason people think Option 1 would lead to a larger price rise.

Option 1 or 1B would produce a couple million fewer coins into circulation, so the price might rise a bit faster and higher. But I don't think it would be a big difference. We might have 33 million coins in circulation when we switch to PoS instead of 35 million, something like that. About 5-10% fewer coins.

Option 3 might give us a somewhat better chance of persuading pools to switch to the fork. But I don't know enough about how pools operate to have an informed opinion about those prospects. Anyone want to weigh in that?

Instead of persuading pools, why don't we setup our own Solarcoin pool with 0 pool fee ? It cant be so hard. If there someone experienced about pool setup, I can provide a server on azure.

I assume you mean for the purposes of forking the coin successfully once the algorithm is done?

Yes exactly.

We can start trying build a pool fot the current algorithm and when the new one is ready, replace it.

Finally I managed to setup a Solarcoin Pool  Grin Grin Grin

I am mining there now and testing block finds and payments. This pool is mostly for learning purposes. When the new source code available, I will update it. If the big pools refuses to upgrade, we can use this pool. If needed, I can give administrator user and passwords to the Solarcoin Board.

It uses a medium size server with 2 cores and 3.5GB ram. I can easily upgrade server later.

http://slrpool.cloudapp.net/MPOS/public/index.php

I registered but my confirmation email was never received. Sad
member
Activity: 74
Merit: 10

Finally I managed to setup a Solarcoin Pool  Grin Grin Grin

I am mining there now and testing block finds and payments. This pool is mostly for learning purposes. When the new source code available, I will update it. If the big pools refuses to upgrade, we can use this pool. If needed, I can give administrator user and passwords to the Solarcoin Board.

It uses a medium size server with 2 cores and 3.5GB ram. I can easily upgrade server later.


I am trying the pool with some hashpower and found 2 blocks so far  Cheesy I hope it works smoothly because it belongs to the solarcoin community.



Well done indeed.   I signed up - got the verification email - setup a worker - and then pointed my troublesome GridSeed miners (6Mh ish)  at your pool.  (A wicked test since they seem to be very fussy). 

My username is the same as here to avoid confusion.

I am delighted to report that the stratum and vardiff are working perfectly and the little GridSeeds are humming along and the stats look sensible.  Response times are good - well there are only 2 users Smiley.  I shall test the payment system when I get something to send back.

In short - excellent.  Now let's pray you don't get swamped by whales Smiley

T



newbie
Activity: 51
Merit: 0

Finally I managed to setup a Solarcoin Pool  Grin Grin Grin

I am mining there now and testing block finds and payments. This pool is mostly for learning purposes. When the new source code available, I will update it. If the big pools refuses to upgrade, we can use this pool. If needed, I can give administrator user and passwords to the Solarcoin Board.

It uses a medium size server with 2 cores and 3.5GB ram. I can easily upgrade server later.

http://slrpool.cloudapp.net/MPOS/public/index.php

Awesome! I'll try it out when one of my contracts comes up later today. Smiley

I have a stupid question though... Is there such a thing as staking pools for PoS? And, if so, how does that work exactly?

 Wink

I am not an expert about these issues maybe someone else can answer your questions Smiley

I am trying the pool with some hashpower and found 2 blocks so far  Cheesy I hope it works smoothly because it belongs to the solarcoin community.
sr. member
Activity: 406
Merit: 250

Finally I managed to setup a Solarcoin Pool  Grin Grin Grin

I am mining there now and testing block finds and payments. This pool is mostly for learning purposes. When the new source code available, I will update it. If the big pools refuses to upgrade, we can use this pool. If needed, I can give administrator user and passwords to the Solarcoin Board.

It uses a medium size server with 2 cores and 3.5GB ram. I can easily upgrade server later.

http://slrpool.cloudapp.net/MPOS/public/index.php

Awesome! I'll try it out when one of my contracts comes up later today. Smiley

I have a stupid question though... Is there such a thing as staking pools for PoS? And, if so, how does that work exactly?
sr. member
Activity: 406
Merit: 250
Back into the top 100 on coinmarketcap.

#91 and climbing. Nice.  Cheesy
newbie
Activity: 51
Merit: 0
Since the ultimate goal is PoS, why favor Option 1 over Option 3?

I vote Option 3, unless for some reason people think Option 1 would lead to a larger price rise.

Option 1 or 1B would produce a couple million fewer coins into circulation, so the price might rise a bit faster and higher. But I don't think it would be a big difference. We might have 33 million coins in circulation when we switch to PoS instead of 35 million, something like that. About 5-10% fewer coins.

Option 3 might give us a somewhat better chance of persuading pools to switch to the fork. But I don't know enough about how pools operate to have an informed opinion about those prospects. Anyone want to weigh in that?

Instead of persuading pools, why don't we setup our own Solarcoin pool with 0 pool fee ? It cant be so hard. If there someone experienced about pool setup, I can provide a server on azure.

I assume you mean for the purposes of forking the coin successfully once the algorithm is done?

Yes exactly.

We can start trying build a pool fot the current algorithm and when the new one is ready, replace it.

Finally I managed to setup a Solarcoin Pool  Grin Grin Grin

I am mining there now and testing block finds and payments. This pool is mostly for learning purposes. When the new source code available, I will update it. If the big pools refuses to upgrade, we can use this pool. If needed, I can give administrator user and passwords to the Solarcoin Board.

It uses a medium size server with 2 cores and 3.5GB ram. I can easily upgrade server later.

http://slrpool.cloudapp.net/MPOS/public/index.php
sr. member
Activity: 406
Merit: 250
The SolarCoin "IPO" is almost over... Talk about hiding in plain sight, I think we've mastered it people!  Grin

On another, more important note. I've been wondering, if you had a 10kW system on your house (which I am planning to do as soon as I can afford it) and you have had it since 2010 which is as far back as the initial grant will go, then we know that you can claim around 60 SLR from the Generator pool immediately AND you continually get grants for another 7.5 SLR every six months (as we are temporarily set up now for grants) for as long as that system generates solar electricity. My question is this (and I don't know the answer):

What value would SolarCoin need to be (in fiat) for you to take the 5 minutes to claim those coins? Keeping in mind that if you stake them in a PoS model you could also earn 1.5% on those holdings?

Next question: What value would SolarCoin need to be for you to actively go out and purchase a system to generate solar power?

I think the first question is more relevant for the next 6 months to a year let's say and should be easier to answer. The second question has more variables as the time line moves out and is more difficult to predict. So let's stick with the first question.

Is it $0.10? $0.50? $1? More? My personal opinion is north of $1 somewhere but I'm highly biased.  Wink

Whatever that number is on average is where we need to be in the next 6-12 months to ensure the mission becomes successful.
full member
Activity: 154
Merit: 100
Back into the top 100 on coinmarketcap.
sr. member
Activity: 406
Merit: 250
Next stop 1000 and then... To the sun!!!  Cheesy
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