Gold Coin - page 21. | Bitcointalksearch.org

akumaburn

sr. member

Activity: 281

Merit: 250

The Gold Standard of Digital Currency.

Quote from: ?? on ??

Quote from: Lauda on May 27, 2013, 12:01:29 AM

Quote from: seleme on May 26, 2013, 11:58:57 PM

what's the confirmation time for this one?

Bought some on cryptsy and I thought this should be fast one but 0 confirmations in 10-15 minutes.

It is very quick... but not now. Due to the network hashrate being attacked the difficulty went up too much and it takes time for it to adjust. The adjust time should be lowered soon and we should see fast confirmations!

Quote from: ?? on ??

I don't need you to touch the code. Any alterations not approved by me are not deemed official. 1 minute or less block time being of any worth is a myth.

If you try to run modified code on this network your IP(s) will be banned by the nodes FYI. So do not experiment with it without generating your own genesis block, using your own ports, and you own IRC channel. This is automated.

So are you making the changes right now? The difficulty has been a blocked for a while now..

Making changes? No, we aren't going to hard fork the chain because of the difficulty. Mine the coin, and the difficulty should drop. Block rewards are 500 - this was done so mining was worthwhile even at higher difficulties of 30, 40 , 50, etc Eventually block rewards will only be 100.

You can't just change the difficulty and block times on a whim. You have to hard fork the chain which can lead to disaster.

I think a hard fork may be the only option here. The difficulty adjustment times are simply too slow.

You may talk about block rewards offsetting the fact that mining is slow, but traders don't care about that sort of thing.

Spikes in difficulty destroy the profitability of the coin.

kelsey

legendary

Activity: 1876

Merit: 1000

Quote from: RobRoy on May 27, 2013, 07:35:17 AM

http://coinminer.net:18321/static/ 2.3 Mhs

yeah the less power of a pool the more shares my low power gets :p so when the rigs come back i score some coin :p

though if they don't come back Cry

RobRoy

hero member

Activity: 518

Merit: 500

http://coinminer.net:18321/static/ 2.3 Mhs

kelsey

legendary

Activity: 1876

Merit: 1000

i'm keeping http://crypto-coins.de:8909/ alive with my <20Kh/s of raw power Wink

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: tinus42 on May 27, 2013, 06:49:51 AM

Quote from: kelsey on May 27, 2013, 06:29:44 AM

hey tinus, my minings at 20kh/s and i am still plugging away in pools. minings not my main thing but its making me the odd coin Wink

I find I do better when mining dies....seem to get much more shares in the pools ....then when the pools pick up I reap the rewards.

Then I'll give it another try.

http://gld.vircurpool.com/
You should be able to get most coins there, wait for diff adjust and you should be getting a decent sum each day

tinus42

hero member

Activity: 784

Merit: 501

Quote from: kelsey on May 27, 2013, 06:29:44 AM

hey tinus, my minings at 20kh/s and i am still plugging away in pools. minings not my main thing but its making me the odd coin Wink

I find I do better when mining dies....seem to get much more shares in the pools ....then when the pools pick up I reap the rewards.

Then I'll give it another try.

kelsey

legendary

Activity: 1876

Merit: 1000

Quote from: tinus42 on May 27, 2013, 06:23:18 AM

Quote from: Majormax on May 27, 2013, 05:08:47 AM

Quote from: Professor James Moriarty on May 27, 2013, 02:01:28 AM

I dont care about the mining and all because I am not mining.

What I care is the ones that are dumping coins , this is gonna hurt us all . I mean it is a steep fall from 18's to 11's which is a BIG fall when we are talking about 100k+ volume let alone millions changed everyday.

You should be mining.. maintains the network. Dumping of coins is temporary.

Some of us don't have fast computers. I have a 4 year old laptop with a GPU that isn't recognized (ATI 3200 HD). I get at best 40 KH/s out of the CPU. Tried mining GLD only a few hours after it was released and got nothing.

Or can you still help maintaining the network if you don't get any coins. I'd do it then. Been helping out with SETI@Home for years and I didn't do that to get money (well some galactic credits would be nice).

hey tinus, my minings at 20kh/s and i am still plugging away in pools. minings not my main thing but its making me the odd coin Wink

I find I do better when mining dies....seem to get much more shares in the pools ....then when the pools pick up I reap the rewards.

tinus42

hero member

Activity: 784

Merit: 501

Quote from: Majormax on May 27, 2013, 05:08:47 AM

Quote from: Professor James Moriarty on May 27, 2013, 02:01:28 AM

I dont care about the mining and all because I am not mining.

What I care is the ones that are dumping coins , this is gonna hurt us all . I mean it is a steep fall from 18's to 11's which is a BIG fall when we are talking about 100k+ volume let alone millions changed everyday.

You should be mining.. maintains the network. Dumping of coins is temporary.

Some of us don't have fast computers. I have a 4 year old laptop with a GPU that isn't recognized (ATI 3200 HD). I get at best 40 KH/s out of the CPU. Tried mining GLD only a few hours after it was released and got nothing.

Or can you still help maintaining the network if you don't get any coins. I'd do it then. Been helping out with SETI@Home for years and I didn't do that to get money (well some galactic credits would be nice).

kr4x

member

Activity: 112

Merit: 10

Quote from: Hydroponica on May 27, 2013, 06:00:43 AM

Quote from: OracionSeis on May 27, 2013, 05:10:32 AM

Is this realiable currency ? Can we mine freely or not? Is this worth ?

Have you read all the controversy, surrounding this coin? With all the other coins available right now, I'm sorry, but why even bother with this one? The ammount of time for Diff readustments, makes it obsolete, anyways.

coming from a looser coin hopper, hopping from one coin to another, stfu troll and move on

Hydroponica

full member

Activity: 182

Merit: 100

fml

Quote from: OracionSeis on May 27, 2013, 05:10:32 AM

Is this realiable currency ? Can we mine freely or not? Is this worth ?

Have you read all the controversy, surrounding this coin? With all the other coins available right now, I'm sorry, but why even bother with this one? The ammount of time for Diff readustments, makes it obsolete, anyways.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: OracionSeis on May 27, 2013, 05:10:32 AM

Is this realiable currency ? Can we mine freely or not? Is this worth ?

Yes you can mine freely, join a pool.

AZIZ1977

hero member

Activity: 504

Merit: 500

Lets mine and buy some more GLD. We will survive this storm.

Majormax

legendary

Activity: 2534

Merit: 1129

Quote from: kelsey on May 27, 2013, 01:38:15 AM

Quote from: whitedragon on May 27, 2013, 12:35:32 AM

Crying about retarget times and trying to fork the chain when you have a difficulty of SEVEN?? And block reward of FIVE HUNDRED?? Pathetic. Is this the first coin most of you have ever tried to mine? If you are crying about a single digit difficulty on a coin that has a three digit block reward, you need a new hobby.

I'm no expert at mining but gotta say I agree with this.

Agree as well.
You know where to find my other comments ?

OracionSeis

hero member

Activity: 756

Merit: 500

Is this realiable currency ? Can we mine freely or not? Is this worth ?

Majormax

legendary

Activity: 2534

Merit: 1129

Quote from: Professor James Moriarty on May 27, 2013, 02:01:28 AM

I dont care about the mining and all because I am not mining.

What I care is the ones that are dumping coins , this is gonna hurt us all . I mean it is a steep fall from 18's to 11's which is a BIG fall when we are talking about 100k+ volume let alone millions changed everyday.

You should be mining.. maintains the network. Dumping of coins is temporary.

Professor James Moriarty

sr. member

Activity: 434

Merit: 250

I dont care about the mining and all because I am not mining.

What I care is the ones that are dumping coins , this is gonna hurt us all . I mean it is a steep fall from 18's to 11's which is a BIG fall when we are talking about 100k+ volume let alone millions changed everyday.

kelsey

legendary

Activity: 1876

Merit: 1000

Quote from: whitedragon on May 27, 2013, 12:35:32 AM

Crying about retarget times and trying to fork the chain when you have a difficulty of SEVEN?? And block reward of FIVE HUNDRED?? Pathetic. Is this the first coin most of you have ever tried to mine? If you are crying about a single digit difficulty on a coin that has a three digit block reward, you need a new hobby.

I'm no expert at mining but gotta say I agree with this.

kelsey

legendary

Activity: 1876

Merit: 1000

Quote from: ?? on ??

Quote from: Lauda on May 27, 2013, 12:07:06 AM

Quote from: ?? on ??

Any alterations of my project's that I don't approve, or the entire community doesn't approve, will not be tolerated. What he will do is kill the robust network we have, while our wallets try to download his altered chain (just like the attacks we see from bad nodes).

If anyone wants me to change the structure of the code OR if anyone wants to be allowed to modified my project, and the community approves, just let me know.

I would imagine all of this came out while I was away (and some clown was using my account) this weekend, but just an FYI for the future.

I welcome another developer to take over development one day, or assist. But it has to be someone we all agree on because bad things can be put into the code.

Yes yes!
We agree the diff adjustment time should be lower, much much lower, because right now the network is stuck on a too high difficulty because of a 2+ GH/s attack. I pm'd you where you could/should join as the majority of the supporters are there I think.
We urge you to join in on one of the 2 options that I provided, that is only if you want.

You have no clue what your talking about, or whats involved. This is NOT an easy thing to do. With the attacks people have been trying for force a pre-mined 300K blockchain down are throats, this is suicide.

Again - the blocks are 500 so the mining could endure difficulty jumps way up to 100+. This coin wasn't designed to be a get rich quick operation.

ok someone sensible is back in charge

good work gldcoin. your reasoning for what you setup makes sense.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Like I said I'm just suggesting what I have read elsewhere. I don't know enough about the way the coin works to make my own sugestions. I'll admit it wasn't a good idea of us I guess. We were a bit suprised by you abandoning us.. luckily you didn't.
After all you are the dev, you should know better than most of us.

whitedragon

member

Activity: 84

Merit: 10

Quote from: ?? on ??

Quote from: Lauda on May 27, 2013, 12:07:06 AM

Quote from: ?? on ??

Any alterations of my project's that I don't approve, or the entire community doesn't approve, will not be tolerated. What he will do is kill the robust network we have, while our wallets try to download his altered chain (just like the attacks we see from bad nodes).

If anyone wants me to change the structure of the code OR if anyone wants to be allowed to modified my project, and the community approves, just let me know.

I would imagine all of this came out while I was away (and some clown was using my account) this weekend, but just an FYI for the future.

I welcome another developer to take over development one day, or assist. But it has to be someone we all agree on because bad things can be put into the code.

Yes yes!
We agree the diff adjustment time should be lower, much much lower, because right now the network is stuck on a too high difficulty because of a 2+ GH/s attack. I pm'd you where you could/should join as the majority of the supporters are there I think.
We urge you to join in on one of the 2 options that I provided, that is only if you want.

You have no clue what your talking about, or whats involved. This is NOT an easy thing to do. With the attacks people have been trying for force a pre-mined 300K blockchain down are throats, this is suicide.

Again - the blocks are 500 so the mining could endure difficulty jumps way up to 100+. This coin wasn't designed to be a get rich quick operation.

Good job defending your coin. This community is a joke! Crying about retarget times and trying to fork the chain when you have a difficulty of SEVEN?? And block reward of FIVE HUNDRED?? Pathetic. Is this the first coin most of you have ever tried to mine? If you are crying about a single digit difficulty on a coin that has a three digit block reward, you need a new hobby. How do you expect anyone to take you seriously?

Why don't you guys create your own coin from your fork of gldcoin with a MAX difficulty of 1 and a block reward of 10,000 for every block. Then you can all mine a couple hundred thousand coins per day on your cpu and sit around in your forum telling each other how much potential your worthless coin has in the future.

I'm sorry there are a few good ppl in here like kelsey and aziz1977 and a few others...but gldcoin, your "supporters" have been destroying you from the start.

Topic: Gold Coin - page 21. (Read 72438 times)