Topic: █=█ BoostCoin █=█ New team, new plans - page 136. (Read 299700 times)

Read up on this page (58) where mammix2 mentions all his running costs. The coin had to be relaunched and the old miners reimbursed for their lost hashes, a few other things too you can read yourself.

For a 4% premine and no site or promotion: What are the running costs and where is the promotion?
And where is the developing? The code hasn't been touched in 9 days...

Too bad it won't mine on Nvidia or older Radeon cards like HD5850 etc

+100000000000       

Bought a couple thousand and mining away!

I will try my best to explain why X13 is a really amazing feature to have right now. I suppose everyone knows the story about bitcoins "SHA-256" algorithm and how ASICS were specially designed for the sole purpose of mining it which made GPU miners obsolete and sent them on an uphill battle to try and stay profitable. Then we have litecoin and 100's of other alts' "Scrypt" algorithm which is also in serious danger of becoming centralized by Scrypt ASICS so GPU miners will be made redundant again. The cryptocommunity answered this problem with X11. But now that X11 has been around for a while (Some might say years in altcoinworld) and the market is becoming more and more saturated with X11 coins, ASIC engineers are surely working on X11 ASICS, which have been rumoured and are pretty likely in development seeing as its sooo damn profitable.This is another threat in the form of centralization again and we cannot wait for that to happen before trying to respond.

Furthermore we all have noticed this "evolution" (for lack of a better word) into POS coins. POS has become a more and more popular characteristic of alt-coins and it will continue to do so I think . POS provides ultra cheap mining compared to POW and isn't threatened by ASICs of any sort, it also attributes scarcity and incentive which are desirable for investors. However, pure POS is undesirable IMO as it is much much less secure than POW making it more open to attacks. Not to mention that is hard to create a fair distribution with pure POS coins.

Finally we get to Boostcoin which combines the security of POW + value of POS. Using X13 chain-hashing through 13 algorithms (2 more than X11) its amazingly secure and I'd be willing to hazard a bet that it's in no danger of being exploited by ASICS at least for 2014; X13 is also super efficient and your GPU will run nice and cool. Oh and did I mention POS 10 % interest?

Now taking into consideration that the dev has stated he will look into considering anon after POW - I would watch Boost carefully. Great potential.

Can anyone offer some advice.......can't seem to get wallet to sync.  Is showing I have 1 connection only, no blocks being downloaded.

I don't think so man. BTW it is like pulling teeth trying to get help around here or on the SPH-SGMiner page.

Can someone please answer this for me, Is it possible to mine X13 algo with CUDAminer or something similar for Nvidia Cards?

Still cant get Error 11 to go away even following the tip to run in the same folder as "kernel" directory. Does nothing

i see so you think its normal for having only 1mhs on my 7970?

okay, im in

try using the other miner here. this is what i use..
https://bitcointalksearch.org/topic/ann-sph-sgminer-multi-coin-multi-algorithm-gpu-miner-added-marucoin-475795

Also don't forget, you will get lower speeds with x13 as there is more processing to do

followed all the steps but still no success i got only 1.05mhs using 13xmod , but when mining drk i got 2.7mhs using 11xmod miner

Have you followed all the tips on here?

https://bitcointalksearch.org/topic/m.6978692

i really love to mine this coin but when i tried i got less hash like 1mhs for my 7970, what i have to consider mining this coin? im having catalyst 13.6, using the latest 13xmod miner, any help guys

Anybody? Dev? Can you please answer. We need some buyer confidence before investing!

Cheers dude

Point taken. I do wish this coin all the best.

yes 1% is the 400,000 pre-mined coins amount.
And as you say you never believe in working for free, if i post the Premine address, i will have a flood of people asking what it has been spent on. Yes i have profited some BTC from it, and have spent a load on compensation, plenty of people will confirm this.

The Foundation amount i will be totally open about, the address is BKqAh5ojyS7bkjaDHJEWXxMwKNUvUsNZak and there is currently 111647 ballance in the wallet. this will still be used for long term support and running costs..

Listen if this coin really does take off, do you think all the people that will need to be involved will work for free? i dont think so...

Is it possible to mine X13 algo with CUDAminer or something similar? problem is I have an Nvidia card.