Topic: [ANN][THC] The Hempcoin (THC) - page 99. (Read 389227 times)

http://hempcoin.org appears to be down..
I get:
Unable to connect
Firefox can't establish a connection to the server at www.hempcoin.org.

Any word on the new wallet? I'm finally kind of free again!

Please someone fix the paper wallet so the private key could be folded to be hidden and public key would be in front...

From mining UTC, I hated having to find my optimal gpu settings every every few months and what was supposed to be easy predictions from math ended up being a nightmare until everyone got settings posted in the forums. It was a real pain the butt. Not saying it can't work here, but take that into consideration. Anything algo-wise with a "farm" behind it is null at this point in the game. Even the multialgo idea fartbags has will only benefit those people with massive farming rigs. We need something that will pay a fair share to the miners, but how to determine size to payout without discrimination.

Yeap, TREX is again destroying a lot of coins. I start to hate those guys, but i believe i'm not the only person, TREX is getting less and less volume because of lake of understanding.

Trex is delisting a bunch of coins again on Dec. 19th. Lets get the volume going.

I was going off the information that Zeus and KNC said 3 months that they would be shipping Dec 10h. You will still be able to rent cheap miners if that is what the new style is going to be. It's probably cheaper to do it that way since they must be located in the cheapest power location.


A multi-algo PoW coin with PoS is the way to go. None exists yet though. I'm working on making one right now. It's tough, no one has figure it out yet.

http://shop.lifeforce.info/shop/astro-100mh/

Shipping date slipped from 15th December to 19th January, which either means is bullcrap or 1st batch is gone and just about to fire up. Or they are just going to mine and sell used stuff a month later.

Many companies aren't releasing new asics, like Zeus and the Volcano, or KNC and GAW not putting ASICS in the hands of miners. Which are you referring to? Ensilica and Flower partnership? That won't happen for another few months.

The new scrypt ASICs are coming out this month. 20x more hashing power than the ones from 6 months ago.

I wonder how this will effect THC.

I remember seeing a couple for the short period I had a pool running. I couldn't figure out how to fix the cron issues and just paid everyone out of my pocket. In turn I shut down the pool.

Perfect.  Going back in!

interesting enough, the orphan block was a bonus block ( 875 ).  First time I have seen a bonus block orphan.

Pool is back up and everything seems better now.  I was getting discouraged on my last message and was expecting it to take up most my evening... but then had a lightbulb moment...

for anyone thats interested, heres what happened.

- crons messed up  ( I still cant figure out why, but oh well )
- I ran the crons that failed manually with force option, this ussually fixes crons issues.
- cron picked up a double payout... ( really it found two blocks with same height )  [ one was an orphan ]
- manually removed the second occurence of the block in the DB
- re-ran the crons and got php error outputs
- started googling
- continued googling, started to smash head on keyboard.
- went to ask for help, but before I finished the message... light bulb moment.....
- the block I deleted from the database, was actually the good block, not the orphan.
- re-manipulated DB with proper good block
- re-ran crons, et voila !!!

I will keep an eye on things for a bit, but dont expect any issues.

If you notice any mised payouts (common problem when crons fail), let me know and I will look into it.

Thanks all.

cleaning up the mess the crons made is a bit more tedious than I thought.... I am still working on it.

Rest assured your miners are still hashing away and finding blocks, its just not propagating to the website yet.  once its resolved I will let you all know.

Sorry for the delay and thanks for your patience.

nope, dont worry, the pool has not forked.  just another cron issue.

Best way to verify if the pool has forked is to compare the block explorer with the "current block" value on the dashboard of the pool.  This value is pulled directly from the wallet and is thus not affecting by cron issues.

Don't worry, all will be good, the pool is currently catching up.  I will send another update once all looks good.

Sorry for not acting sooner, just noticed i had 3 emails sent from the pool while I slept last night.

https://thc.hempfield.club/ forked?

Why hasn't the explorer been updated in this department:
Difficulty - (Days average taken from random dates since genesis block)

The graph shows October being the last data point.

I'm still pondering your idea, but few things to work out before I rattle my brain further.

20 million? I would also need to see the farmer mining this new coin too, because you know he's going to want to keep his stash protected against mining inflation or are we trying to make an honest farmer go broke? And you don't want him dumping either......

Shit, I'll be the first to draw up some hemppaperwork, get a legitimate agricultural DBA and "claim" I'm a farmer. This reeks of scam possibilities, not from you fartbags, but someone will try to scam you out of this. I would say give the 20M after a warehouse is stocked with real hemp and legally escrowed into a Non-profit HEMPCOIN LLC trust account or something AND proof of mining with a rig. I would assume the legal fees would be hefty to draw up a contract. This seems expensive at first for the startup for both parties -- you and the farmer. Not saying it's not possible, just possibly costly.

Another thing is, shhhhh don't tell anyone, but there is a hempcoin already. Just kidding with ya
But seriously, HEMP as a coin name and ticker is out of the question unless we ditch THC as a coin as a whole and let the network die. Or we rebrand THC as "THCcoin", which fully pulls THC out of the hemp industry and will lean more towards recreational usage. What about all of the current OP websites emblazoned with hempcoin.org or whatever? This is about to get confusing. haha.

Only supporters of the current THC will benefit from this, and will act as an additional premine of another (currently, but will be more at block 400k) 136 million if the current THC lives on, now that's a "somewhat fairly, more distributed than normal premines" premine, but still a premine to be totaled at 156 million if we include your 20 million. Although 2 different coins, you would be doubling the amount of coins that everyone has, thereby raising the possibility of both coins losing half their value -- or potentially more. So again, we'd have to kill the current THC network.

What will your coin cap be? THC is already at over half the coins ever to be mined, is it even necessary to integrate PoS now? Would you be using PoS? I suggest using neoscrypt while it's still fresh enough, forget x11,x13,x123468234578236. If you make your HEMP 100% PoS, you will successfully keep the coins in the family (the miners and holders, not so much the traders --- I would try to figure a way to pull all THC off the exchanges for duplication purposes to encourage the new coins stay in the wallets) and the price can be controlled for a little while in the beginning (IF EVERYONE WORKS TOGETHER) until people get greedy, but it may be enough time to adopt the hemp farmer and also for the farmer to adopt the coin, and that will send your HEMP higher and secure that price. You know there will be a mass dump in the beginning too. "Hey Free coins! I'm taking my profits and running!" It may work in an opposite fashion too, like "I got them for free, I'll hold them and see what happens." From my experience and observations, I believe the former will precede the latter, at least until people realize the coin is worth something more than just BTC.  

Getting back to an earlier thought, what about all the THC on exchanges? You'd have to contact every exchange to make sure they duplicate what people already have there. Or like I suggested, find a way to pull THC off exchanges.


All just food for thought, just pointing out "stuff".

I have noticed a few new "mine x11, get paid out in ur prefered coin" pools coming online. I'm not sure if I would actually use this service as I like to mine low difficulty coins/new coins and profit later on. It would probably be useful to message some of the new people starting this kind of pools and get THC payouts added to one of them. I would try it out for a week and see how it goes.