Author

Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2201. (Read 3377790 times)

sr. member
Activity: 308
Merit: 250
CEO FlawMiners TM®
He will go down as the biggest idiot in history
Social media is not for him, between the people that hate liars and the trolls, he will get eaten alive
If he keeps it up, more people will know about him and that's when he will get attacked by anon, etc
I feel bad for his wife and kids..

Hey Josh we know your peeking at this page and other ones on bitcointalk, litecointalk, reddit, take Gava's advice and stay in your warm bubble. DON'T COME OUT OF IT

And take my advice, SHUT THE FUCK UP before you do more damage to yourself idiot.
legendary
Activity: 2912
Merit: 1060
full member
Activity: 376
Merit: 101
Somebody go post on his twitter the link and in all caps "SO HOMERO, IT'S 5% NOW HUH?"

Seriously, you could try to do some math, it's good for your brain.

Bitcoin hashrate: 299,090,788 GH/s

Cumulative hashrate on Paycoin 20-30 minutes after launch: ~2.35 Petahash on just the main pool, not counting solo miners and other pools

2.35/(29.9-2.35) = 8.52% minimum hashrate that switched over, not counting solo miners and other pools

Basic math. Do it right.  Smiley Smiley Smiley


Your maths is out by a mile 299,090,788 GH is actually 299 PH so 299/2.35 = 0.82% if you want to quote maths make sure you know how many GH to a PH it is 1 million.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
josh blocked me from twitter

He retweeted a bunch of garbage, probably trying to push his own gaffes out of sight Smiley

... and HT is forked up again... 502 or something.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Somebody go post on his twitter the link and in all caps "SO HOMERO, IT'S 5% NOW HUH?"

Seriously, you could try to do some math, it's good for your brain.

Bitcoin hashrate: 299,090,788 GH/s

Cumulative hashrate on Paycoin 20-30 minutes after launch: ~2.35 Petahash on just the main pool, not counting solo miners and other pools

2.35/(29.9-2.35) = 8.52% minimum hashrate that switched over, not counting solo miners and other pools

Basic math. Do it right.  Smiley Smiley Smiley


I see. That's probably the same math that will be used in HashStakers. Some slight movements with the decimal point and 5% APY becomes 500%.
newbie
Activity: 14
Merit: 0
Somebody go post on his twitter the link and in all caps "SO HOMERO, IT'S 5% NOW HUH?"

Seriously, you could try to do some math, it's good for your brain.

Bitcoin hashrate: 299,090,788 GH/s

Cumulative hashrate on Paycoin 20-30 minutes after launch: ~2.35 Petahash on just the main pool, not counting solo miners and other pools

2.35/(29.9-2.35) = 8.52% minimum hashrate that switched over, not counting solo miners and other pools

Basic math. Do it right.  Smiley Smiley Smiley


you better be trolling mate  Grin
but josh never lies jk
newbie
Activity: 41
Merit: 0
Somebody go post on his twitter the link and in all caps "SO HOMERO, IT'S 5% NOW HUH?"

Seriously, you could try to do some math, it's good for your brain.

Bitcoin hashrate: 299,090,788 GH/s

Cumulative hashrate on Paycoin 20-30 minutes after launch: ~2.35 Petahash on just the main pool, not counting solo miners and other pools

2.35/(29.9-2.35) = 8.52% minimum hashrate that switched over, not counting solo miners and other pools

Basic math. Do it right.  Smiley Smiley Smiley


you better be trolling mate  Grin
hero member
Activity: 770
Merit: 509
Somebody go post on his twitter the link and in all caps "SO HOMERO, IT'S 5% NOW HUH?"

Seriously, you could try to do some math, it's good for your brain.

Bitcoin hashrate: 299,090,788 GH/s

Cumulative hashrate on Paycoin 20-30 minutes after launch: ~2.35 Petahash on just the main pool, not counting solo miners and other pools

2.35/(29.9-2.35) = 8.52% minimum hashrate that switched over, not counting solo miners and other pools

Basic math. Do it right.  Smiley Smiley Smiley

That's not how math works..
member
Activity: 106
Merit: 10
Somebody go post on his twitter the link and in all caps "SO HOMERO, IT'S 5% NOW HUH?"

Seriously, you could try to do some math, it's good for your brain.

Bitcoin hashrate: 299,090,788 GH/s

Cumulative hashrate on Paycoin 20-30 minutes after launch: ~2.35 Petahash on just the main pool, not counting solo miners and other pools

2.35/(29.9-2.35) = 8.52% minimum hashrate that switched over, not counting solo miners and other pools

Basic math. Do it right.  Smiley Smiley Smiley
newbie
Activity: 14
Merit: 0
josh blocked me from twitter
full member
Activity: 237
Merit: 100
newbie
Activity: 14
Merit: 0
Quote
Within hours of the launch an exchange began trading PayCoin™ and the first coins were traded at $24.71.

An entire ~$3 worth of forked shitcoin was traded on exchanges so far! GAWsome!
shit corn ima dump xpy like the great mighty poo on conkers ht is down again
hero member
Activity: 770
Merit: 509
Quote
Within hours of the launch an exchange began trading PayCoin™ and the first coins were traded at $24.71.

An entire ~$3 worth of forked shitcoin was traded on exchanges so far! GAWsome!
newbie
Activity: 14
Merit: 0
anyone who doesnt dump at 20$ if can is retard on dec 19 and thats a big if but i believe in the ht idiots protectin there coin  they will sacrifice themselfs to keepit at 20
hero member
Activity: 966
Merit: 546
Somebody go post on his twitter the link and in all caps "SO HOMERO, IT'S 5% NOW HUH?"
legendary
Activity: 3654
Merit: 8909
https://bpip.org
He's bragging and backpedaling in the same post. Now it's 5% of Bitcoin. And they broke rental sites.

https://hashtalk.org/topic/23090

TL;DR: restart Sunday from block 277.


Quote
GAW_CEO
Admin
Moderator
Industry Innovator

Paycoin Stalled Update 2

PayCoin™ was launched today and due to an immense interest in the coin from miners and mining pools, it was so successful over 5% of the global SHA256 hashpower was pointed at the coin within hours of launch. Pool operators reported a growth which would reach over 10% of the global SHA-256 hashpower in a matter of hours.

The coin was solo mined by private and public pools with enough hashpower to cause independent forks making it impossible to track the true network hashpower. This also made full network consensus difficult to reach.

Prior to the launch, mining rental sites started selling at an increased pace. In less than 4 hours, PayCoin™ went from a concept to a coin with multiple public pools and exchange trades. Most public rental SHA-256 hashpower from the big 3 rental sites was pointed to it and users reported slowness on the provider websites. Several private rental services recieved calls for 1PH/s to 5PH/s rentals in order to mine PayCoin™ by large

The amount of hashrate added to the network and speed at which it was added was unprecedented. Some of the top technical devs in the industry were even surprised. This naturally led to some complications.

The first public pools came online within 20 minutes of the coin’s launch. Within hours of the launch an exchange began trading PayCoin™ and the first coins were traded at $24.71.

After 3 hours of mining the network hashpower was still fluctuating by up to 30% per block.

The network hashrate fluctuated by several Ph/s from block to block. This massive ramp up and migration of hashpower caused a glitch in the Proof of Work difficulty adjustment which is actively being resolved as we speak. The goal is to prevent network stalls and instamining blocks even with a sway in hashpower in the range of 50+ Ph/s at each block mined.

As of right now anyone past block 277 is on a forked chain and should resync their wallet. We are currently planning a re-launch from block 277 on Sunday night.

Edit: If I'm reading this right - and I'm no coin expert for sure - their difficulty adjustment is fubared, and it isn't even thermonuclear. I don't understand though how hashrate could fluctuate by several PH/s from block to block, it looked to me that at least their official pool was just steadily growing.
hero member
Activity: 966
Merit: 546
is there a link to the archived tos topic? I missed it.
it was in paycoin thread ht is down atm josh posted 2 more tweets btw

I think he's getting tangled in his own lies.

https://twitter.com/gawceo/status/543643874204602368

Quote
Between all the Paycoin forks, there was about 10% of the bitcoin network mining

1) there wasn't; 2) definitely not something to brag about anyway.

https://twitter.com/gawceo/status/543644517162029056

Quote
We are mining for our coins. All pre-mined coins belong to pre-purchased investors and customers

Yeah, right. Except customers are still mining HPs, so how did you know in advance how much to premine and how did it magically came to a round number like 12 million?

BTW I suggest to read those twitter threads, there are some good replies, it's not all praise like it used to be.
"We are mining for our coins. All pre-mined coins belong to pre-purchased investors and customers"

In other words:

"We have premined 95% of the total coin supply AND we will be mining 90% of the remaining coins during the public POW stage"
All sympathy for the people involved in this has been lost by me. They deserve everything that's coming. At one point you realize that for their own good they need to lose everything and get committed to a loony bin?
newbie
Activity: 14
Merit: 0
"We are mining for our coins. All pre-mined coins belong to pre-purchased investors and customers"

In other words:

"We have premined 95% of the total coin supply AND we will be mining 90% of the remaining coins during the public POW stage"
tbh if it helps the dump idc
Jump to: