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Topic: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh) - page 293. (Read 466822 times)

hero member
Activity: 546
Merit: 500
hero member
Activity: 546
Merit: 500
It has made me nervous that the dumpers have been relatively quiet the last few weeks. At this stage in the game, I'm happy to see miners dump at the exchange, because that puts a higher percentage of coins into the wallets of long-term holders (like myself). Regardless, it is still very impressive that the 24-hour volume at bittrex is >8 BTC and yet the exchange price still remains relatively steady at ~10x what it was 3-4 months ago.
legendary
Activity: 1736
Merit: 1001
Been fun watching the value rise the past week. At some point we will need a healthy correction, be interesting to see how long this bull run will last for. I'll also keep mining through the transition to POS.

True and since kgw is working coins are more available from mining less difficulty stuck coins

This wil get interesting when pos happens or when we are near 3slr a minute reward.
member
Activity: 71
Merit: 10
Been fun watching the value rise the past week. At some point we will need a healthy correction, be interesting to see how long this bull run will last for. I'll also keep mining through the transition to POS.
legendary
Activity: 1148
Merit: 1000
SLR just went up 600%.  Nothing goes up forever...  Regardless, the coins being bought are going into stronger hands.
sr. member
Activity: 406
Merit: 250
Some very high hashing going on right now!  It looks like there will be a few more coins coming to the market over the next couple of weeks, as the block reward shrinks daily.  It could be the last chance to pick up coins at this price Grin



I am happily mining away and intend to continue doing so for the next 33 days.  Grin
sr. member
Activity: 368
Merit: 250
Some very high hashing going on right now!  It looks like there will be a few more coins coming to the market over the next couple of weeks, as the block reward shrinks daily.  It could be the last chance to pick up coins at this price Grin

sr. member
Activity: 414
Merit: 250
Freedom through Cryptocurrency!
Quote
The price is in the mid 2000s on Bittrex, basically the same as it was right before the fork. And there hasn't been heavy selling.

Please just take a look at the market history here https://bittrex.com/Market/Index?MarketName=BTC-SLR since the fork there has indeed been continual dumping due to this being heavy mined again.

The amount of volume before and after the fork has been similar.

I understand that when it changes to pos that this will be beneficial to Solarcoin's future.

Can someone please tell me whats the immediate benefit of the fork apart from the block reduction if i'm right 3 per day

Kimoto's Gravity Well and an updated codebase.
full member
Activity: 128
Merit: 100
Quote
The price is in the mid 2000s on Bittrex, basically the same as it was right before the fork. And there hasn't been heavy selling.

Please just take a look at the market history here https://bittrex.com/Market/Index?MarketName=BTC-SLR since the fork there has indeed been continual dumping due to this being heavy mined again.

I understand that when it changes to pos that this will be beneficial to Solarcoin's future.

Can someone please tell me whats the immediate benefit of the fork apart from the block reduction if i'm right 3 per day

sr. member
Activity: 414
Merit: 250
Freedom through Cryptocurrency!
Over 371,000 coins dumped on bittrex since the fork, someone is taking full advantage of this, is it me or has things gone pair shaped since the fork.

Should the difficulty still be effected by the higher hashrate miners

I have alot of time and money invested in this coin and don't get me wrong i'm in it for the long run, but the big miners are back on this and the heavy dumping we are going to be back to were we was a few months ago

 Embarrassed


The price is in the mid 2000s on Bittrex, basically the same as it was right before the fork. And there hasn't been heavy selling.
full member
Activity: 128
Merit: 100
Over 371,000 coins dumped on bittrex since the fork, someone is taking full advantage of this, is it me or has things gone pair shaped since the fork.

Should the difficulty still be effected by the higher hashrate miners

I have alot of time and money invested in this coin and don't get me wrong i'm in it for the long run, but the big miners are back on this and the heavy dumping we are going to be back to were we was a few months ago

 Embarrassed
legendary
Activity: 1456
Merit: 1006
Mining Pool Hub
Solarcoin Mining Pool Hub
http://solarcoin.miningpoolhub.com/

We updated before the hardfork and we are on the right block chain.
Come and mine together.
sr. member
Activity: 414
Merit: 250
Freedom through Cryptocurrency!
Hi guys, can some please clarify, I thought at 310,000 there would be a block reduction, from what I can see the block explorer is still showing 100 per block
http://blockexplorer.solarcoin.org/browse_blocks/SolarCoin?count=20

Looking at https://v2.cryptopoolmining.com/slr there are some heavy machines hitting this and getting a high volume of coins, also seems to be some high volume of dumping going on since the fork which is dragging the price down.

The fork did occur at 310,000. Block reward is now 99 and will fall -3 every day from now on. You can see in the pools data that the new blocks being found are rewarded with 99 SLR. The block explorer hasn't been updated yet and is showing the wrong chain, which a few people are apparently still mining. The coins mined on that chain are not spendable on the real chain. We apologize for the delay in updating the block explorer to show the new chain. We will do this as soon as possible.

Most of the dumping that occurred on the market several hours ago actually happened before the fork. Volume has been relatively light since then. Price is not going to just go straight up. There will be ups and downs from day to day, but hopefully the overall trend will continue to be up.
newbie
Activity: 12
Merit: 0
Hi guys, can some please clarify, I thought at 310,000 there would be a block reduction, from what I can see the block explorer is still showing 100 per block
http://blockexplorer.solarcoin.org/browse_blocks/SolarCoin?count=20

Looking at https://v2.cryptopoolmining.com/slr there are some heavy machines hitting this and getting a high volume of coins, also seems to be some high volume of dumping going on since the fork which is dragging the price down.
legendary
Activity: 1736
Merit: 1001
With the rise in price so far no dumpers we are all holding steady for Dollar land  Grin
sr. member
Activity: 414
Merit: 250
Freedom through Cryptocurrency!
There is some poor dude out there mining away on the old wallet...  Undecided With the Block Explorer still not updated (Justin has been advised), you can see that blocks are still being solved on the old chain. http://blockexplorer.solarcoin.org/block/fb7155d057ecc9843edcb438f3d0453e626f3186c342fdb46ea5aaf6505787b5

If it might possibly be one of you or someone you know, you might wanna get it straightened out ASAP and download the new wallet to the miner.  Shocked

Yeah, unfortunately it looks like some people didn't get the memo and are still mining the old chain. Hopefully they'll get the message soon and switch.
legendary
Activity: 1736
Merit: 1001
Boom!!!!      Current Block : 310,222)

We passed 310,000  Grin Grin Grin
legendary
Activity: 1736
Merit: 1001
I wish i could direct my 1000 MHs from ltcgear to solarcoin this month.   Undecided
sr. member
Activity: 406
Merit: 250
And with that, I'm off to bed! Gratz everyone on a great night and a successful technological change. It's fun to be a part of this and watching as it happens.  Cheesy
sr. member
Activity: 406
Merit: 250
There is some poor dude out there mining away on the old wallet...  Undecided With the Block Explorer still not updated (Justin has been advised), you can see that blocks are still being solved on the old chain. http://blockexplorer.solarcoin.org/block/fb7155d057ecc9843edcb438f3d0453e626f3186c342fdb46ea5aaf6505787b5

If it might possibly be one of you or someone you know, you might wanna get it straightened out ASAP and download the new wallet to the miner.  Shocked
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