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Topic: [ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto - page 59. (Read 138368 times)

sr. member
Activity: 252
Merit: 250
  Shirts are made  pm me if interested  I have 5 Xl 5 XXl and 1 XXXl available
legendary
Activity: 1736
Merit: 1001
when you say let it be, you mean let it die. then your wish will be granted

I think an algorithm change is ridiculous. ASIC's are far more energy efficient than GPU's despite the algorithm used. Unless ASIC's are designed to use X11 for example, it's a dumb argument.

Agree 100%
legendary
Activity: 1736
Merit: 1001
when you say let it be, you mean let it die. then your wish will be granted

I do not agree with this look at litecoin and bitcoin they did not change and they prospered.
legendary
Activity: 1708
Merit: 1000
Solarcoin.org
when you say let it be, you mean let it die. then your wish will be granted

I think an algorithm change is ridiculous. ASIC's are far more energy efficient than GPU's despite the algorithm used. Unless ASIC's are designed to use X11 for example, it's a dumb argument.
sr. member
Activity: 311
Merit: 250
when you say let it be, you mean let it die. then your wish will be granted
legendary
Activity: 1736
Merit: 1001
Any news regarding an algorithm change?
Nick Gogerty No plans right now. the general consensus is that mining is a "Red Queen" competition which will have electricity resources deployed up to and until the marginal return doesn't warrent a return. Whether those resources create 1 MHs or 1 GHs is largely irrelevant. A more germain issue is network stability and block-chain integrity. The degree to which that may be improved vs. the risk and disruption of chasing every new algo is the real debate. The "efficiency" argument is false, as the efficiency at the individual miner level doesn't matter to the mission, it is the relative progress in blockchain stability over the long term that matters. Happy to hear arguments. Doug Felman and Justin Levinson might be best to take this up with in the forums. Remember though more hashing is less important and efficiency / hash is not really an issue given the marginal utility model of resource consumption. Feel free to discuss in the forumshttp://solarcoin.org/forum/index.php...

Thanks for the post I think we should Just let it be.
sr. member
Activity: 252
Merit: 250
Any news regarding an algorithm change?
Nick Gogerty No plans right now. the general consensus is that mining is a "Red Queen" competition which will have electricity resources deployed up to and until the marginal return doesn't warrent a return. Whether those resources create 1 MHs or 1 GHs is largely irrelevant. A more germain issue is network stability and block-chain integrity. The degree to which that may be improved vs. the risk and disruption of chasing every new algo is the real debate. The "efficiency" argument is false, as the efficiency at the individual miner level doesn't matter to the mission, it is the relative progress in blockchain stability over the long term that matters. Happy to hear arguments. Doug Felman and Justin Levinson might be best to take this up with in the forums. Remember though more hashing is less important and efficiency / hash is not really an issue given the marginal utility model of resource consumption. Feel free to discuss in the forumshttp://solarcoin.org/forum/index.php...
legendary
Activity: 1708
Merit: 1000
Solarcoin.org
member
Activity: 97
Merit: 10
Any news regarding an algorithm change?
member
Activity: 119
Merit: 10
Behold, the symbol for SLR:

§1 = 1MWh

 Grin
legendary
Activity: 1736
Merit: 1001
What do you wanna know by dev?
It's quite simple for me.
SLR are a looooong term investment.
They will rise much slowly starting from next year when mining will be harder.

So, forget about slr for this year. If you got some and you believe in them,you have to have faith in them.

Now, slr are not the most profitable coin,and you can see, is one of the worst.

But think such an investment way and look on other cryptos.

Remember one year and and half ago, YBC, 0.002 per coin.
Now more than 1usd each.

Make a cold storage of yout wallet, make multiple backup every months, change often your passphrase and have patience.

Smiley










If I have my coins in cold storage do I still need to make a backup every few months and how would I since they where never on my PC to begin with?

http://dustin.io/2013/12/setting-up-cold-storage-and-active-storage-litecoin-wallets/

It works as well for slr. Smiley

Thank you good reading.
hero member
Activity: 644
Merit: 500
What do you wanna know by dev?
It's quite simple for me.
SLR are a looooong term investment.
They will rise much slowly starting from next year when mining will be harder.

So, forget about slr for this year. If you got some and you believe in them,you have to have faith in them.

Now, slr are not the most profitable coin,and you can see, is one of the worst.

But think such an investment way and look on other cryptos.

Remember one year and and half ago, YBC, 0.002 per coin.
Now more than 1usd each.

Make a cold storage of yout wallet, make multiple backup every months, change often your passphrase and have patience.

Smiley










If I have my coins in cold storage do I still need to make a backup every few months and how would I since they where never on my PC to begin with?

http://dustin.io/2013/12/setting-up-cold-storage-and-active-storage-litecoin-wallets/

It works as well for slr. Smiley
legendary
Activity: 1736
Merit: 1001
What do you wanna know by dev?
It's quite simple for me.
SLR are a looooong term investment.
They will rise much slowly starting from next year when mining will be harder.

So, forget about slr for this year. If you got some and you believe in them,you have to have faith in them.

Now, slr are not the most profitable coin,and you can see, is one of the worst.

But think such an investment way and look on other cryptos.

Remember one year and and half ago, YBC, 0.002 per coin.
Now more than 1usd each.

Make a cold storage of yout wallet, make multiple backup every months, change often your passphrase and have patience.

Smiley










If I have my coins in cold storage do I still need to make a backup every few months and how would I since they where never on my PC to begin with?
hero member
Activity: 644
Merit: 500
What do you wanna know by dev?
It's quite simple for me.
SLR are a looooong term investment.
They will rise much slowly starting from next year when mining will be harder.

So, forget about slr for this year. If you got some and you believe in them,you have to have faith in them.

Now, slr are not the most profitable coin,and you can see, is one of the worst.

But think such an investment way and look on other cryptos.

Remember one year and and half ago, YBC, 0.002 per coin.
Now more than 1usd each.

Make a cold storage of yout wallet, make multiple backup every months, change often your passphrase and have patience.

Smiley







member
Activity: 119
Merit: 10
sr. member
Activity: 472
Merit: 250
legendary
Activity: 1736
Merit: 1001
What's going on with price?

Dumped! Maybe some miners cash they solarcoin.


just picked up 17,200 solarcoins for .0053 cents each.

This is a low risk high reward situation.

in 4 years when the block reward is down 6.25 solarcoins a minute do you guys still think it will trade at under a half of a cent?
hero member
Activity: 644
Merit: 500
What's going on with price?

Dumped! Maybe some miners cash they solarcoin.
sr. member
Activity: 472
Merit: 250
What's going on with price?
sr. member
Activity: 363
Merit: 250
Guys this is like gettin in on apple in the 80's

This coin could make us all very wealthy lets hope it works out we are getting in on the ground floor.

Imagine every block u find being worth $2000 one day. Cool

More like $20-$40, but I like your number better. Wink
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