Topic: error - page 162. (Read 360507 times)

Did you see how much the volume is on coinmarketcap? 17th overall in volume for the day, a whopping 20% of the RPC's MARKET CAP. E.g. one in five RPC's traded hands today. Crazy.

That also means RPC traded more BTC volume than ~55 others of those mentioned on coinmarketcap (not to mention other coins the same age as RPC that aren't even listed there) on ONE friggen exchange.

I'm also guessing it might mean we've probably hit more BTC volume than any other coin on coinedup, but they'd have to let us know that as I can't really tell from their site.

The volume is bonkers IMO, and just goes to show as much as it makes sense to hold this coin not everyone thinks the same way and we really have no idea the ceiling on this coin. I supposed we don't know the floor either, to be fair.

@ roastbeef

I think people just hop on hop off when they see another coin is more profitable over some time.

Added with 80 KH/s

Hahahahaha!! 

The hashrate looks like it might actually be the same or close to it!! Oh, the irony...

Good guy! Awesome!

Anyone know which multipools are mining RPC? I didn't see it on multipool or hashcows.

Looks like it won't be such a drop after all.  Now don't all you miners piss off once the next retarget happens lol.  

Interesting day on the exchange I must say.  When ppl think there's going to be crazy volume on cryptsy if it gets added, I disagree.  The price will go up, but again, there are less than 10K of these RPC's right now.  

My GPU senses are tingling!

Hashrate increasing...

Word spreading...

reminder: coinedup is still a low volume dumpers exchange, lets keep this up.

Sure, just pointed 2mh/s to your pool. Goodluck!

Just pointed 2.8MHs to mining RPC, lets do this!

So, anyone want to come help us get our first block @ https://pool.chunky.ms/rpc/? We've got almost 20MH/s with another 10MH/s supposedly joining soon, but if we don't get a block, then no one is going to stay!

Anyone want to help?

Network Info
Difficulty    38.75902443
Est Next Difficulty    23.20471911 (Change in 23 Blocks)  << probably less than 2 hours

This is actually really great news. The fear I had was that it was going to crash down to ~5-10 difficulty, bringing gigs of hash.

Now, its more likely to be a gradual increase. Folks, we may have ridden out the initial freak out dump and have some steady gains ahead.

Or, we may not.

WOOT

Looks like the difficulty will land somewhere around 20 in 22 blocks.

Uhg, that price spike is rough.  Brings everyone running just in time for the adjustment.

let's burn this blocks - 6k added
and hooooold - this is long-term coin, the only one with real potential from all this new scam jokes

Just threw in 300 k/hash. What's difficulty switch looking like?

Hmmm i don't think it's the smartest strategy EVER....

but it's quite a good thought... it would need some detailed planing and designing but could be a possible way to defend a coin against multipools.

I like the idea maybe we'll see an implementation of it in the future...


cheers

http://motherboard.vice.com/blog/ron-paul-coin

http://ronpaulcoin.miners-point.com/index.php?page=dashboard

so about the issue of multipools and devising a way to combat the pump-n-dump (because diff is going to drop a lot soon), did anybody try setting the block reward to be dynamic depending on the previous and current block hashrate? or previous diff average hashrate vs current diff average?

Let's say the coin just started, you are steadily going up in diff and hashrate, then it hits an exchange+coinwarz and multipools start focusing on you, the big spike in hashrate allows the multipool to instamine most blocks and they leave once they shoot up difficulty to an unprofitable level for anybody. So the thing is, did anybody try a coin where if hashrate suddenly spikes up with low diff it reduces the reward, and if it suddenly drops down with a higher diff then the block reward goes up? This makes the coin distrubution system to go contrary to the multipools strategy, once they jump onto your coin the reward is reduced to a point that is not profitable for them unless they stay for the long haul (making the increased hashrate be "normal" for the coin instead of a sudden abnormal spike). Only people mining steadily and gradually adding/removing hashrate would get proper mining rewards.

Ideas? is this feasible? Did I just invent the smartest block reward strategy ever?