Topic: LUXCoin — PHI1612 PoW/PoS Hybrid — new topic in last page - page 77. (Read 147084 times)
No airdrop, no bounties ? With such a "premined" amount, that would be fair.
How long will it take for coins to mature?
This is crazy. A new coin and already 44 pages of messages in this thread.
5% premine= 6 months worth of mining.
Altmine has over 1200 miners producing 74gh/s rate.
No exchance for the coin to be traded on.
everybody should just stop mining and create new coins instead..
5% premine= 6 months worth of mining.
Altmine has over 1200 miners producing 74gh/s rate.
No exchance for the coin to be traded on.
everybody should just stop mining and create new coins instead..
102Gh with all network
amazing coin, 1000 buks for sure mb even 1lux=1btc.
5kilosatoshi max 
This is crazy. A new coin and already 44 pages of messages in this thread.
5% premine= 6 months worth of mining.
Altmine has over 1200 miners producing 74gh/s rate.
No exchance for the coin to be traded on.
everybody should just stop mining and create new coins instead..
5% premine= 6 months worth of mining.
Altmine has over 1200 miners producing 74gh/s rate.
No exchance for the coin to be traded on.
everybody should just stop mining and create new coins instead..
3kk coins = 625 days of mining.
Staking starts from block 501? Is there any information about coinage?
Great ... , whole night for nothing - yiimp.eu went down and someone else grabbed the 1000 block ......
I'm glad I woke up just in time to notice that yiimp.eu was getting attacked and could switch to altminer to get that 501 block 
Yea also switched to altminer now ... what an unlucky decision to pick yiimp.eu before heading to bed -_-
I've gathered all pertinent opinions from the last pages and I'll forward them to the team.
Everyone will be informed as soon as we have news.
Everyone will be informed as soon as we have news.
This is crazy. A new coin and already 44 pages of messages in this thread.
5% premine= 6 months worth of mining.
Altmine has over 1200 miners producing 74gh/s rate.
No exchance for the coin to be traded on.
everybody should just stop mining and create new coins instead..
5% premine= 6 months worth of mining.
Altmine has over 1200 miners producing 74gh/s rate.
No exchance for the coin to be traded on.
everybody should just stop mining and create new coins instead..
Great ... , whole night for nothing - yiimp.eu went down and someone else grabbed the 1000 block ......
I'm glad I woke up just in time to notice that yiimp.eu was getting attacked and could switch to altminer to get that 501 block
Great ... , whole night for nothing - yiimp.eu went down and someone else grabbed the 1000 block ......
I'm having 340mh/s and the rewards aren't looking good at all... Only makes sense if LUX price is $2 atleast.
Tip: distribute 90% of the premain between wallets that have charmed in blocks 0-500.
Awesome!
Dev, let's do it!
Dev team, think about it, please
This would raise the value of the coin a loot; the dev will probably benefit from it.
The 10% he keeps will be wort a lot more than what it will be valued now.
I think it's a good suggestion!
Once everyone really starts understanding how broken then current economics of this coin are due to premine balance compared to POW rewards faith will drop quickly and devs themselves said in discord that community is important.
Devs, i would highly recommend you address this suggestion. You'd greatly strengthen the community surrounding the coin if you did.
The thing is that the devs are able to dump their 3 mil coins as soon as this coin is added to an exchange.
Compared with that extreme low block reward it's not the best sign.
The party is already over for the average x1 gpu miner like me.
Compared with that extreme low block reward it's not the best sign.
The party is already over for the average x1 gpu miner like me.
that's the case saddly
How you got these results?
Now net hashrate about 100 GH/s already!
there is 3 minutes per block, so 20 blocks per hour and 480 blocks per day. with 10 LUX per block it give us 4800 coins per day totally
so with GTX1060 (11-12 Mh/s max) you would get 12/100000 * 4800 = 0.576 LUX per day
Hmm ... I'm wondering how much the coin is worth, which is so difficult to get at the start? Now net hashrate about 100 GH/s already!
there is 3 minutes per block, so 20 blocks per hour and 480 blocks per day. with 10 LUX per block it give us 4800 coins per day totally
so with GTX1060 (11-12 Mh/s max) you would get 12/100000 * 4800 = 0.576 LUX per day
What is its price?
The thing is that the devs are able to dump their 3 mil coins as soon as this coin is added to an exchange.
Compared with that extreme low block reward it's not the best sign.
The party is already over for the average x1 gpu miner like me.
Compared with that extreme low block reward it's not the best sign.
The party is already over for the average x1 gpu miner like me.
amazing coin, 1000 buks for sure mb even 1lux=1btc.
about 1.44 coins a day with 1060
How you got these results?
Now net hashrate about 100 GH/s already!
there is 3 minutes per block, so 20 blocks per hour and 480 blocks per day. with 10 LUX per block it give us 4800 coins per day totally
so with GTX1060 (11-12 Mh/s max) you would get 12/100000 * 4800 = 0.576 LUX per day
Yeah 1.44 coins a day with 1060 is highly unlikely.. I get similar results or even less per 1080TI
Sooo - time has settled a bit and we were hard working facing this DDoS. For your information, just let me summarize a bit of technical details:
By block 495 we got hit by a DDoS of around 300 MBit/s with around 1 Mio. Packets per second:
At this point the DDoS trigger of our provider (Thanks for this!) was reached and every further DDoS was blocked immediately. During this short period they flooded us with around 300GB(!!!) of traffic:
We have noticed that the site was very slow during this attack. We are from the beginning running with cloudflare DDoS protection, but we were not able to serve all the miners who switched to altminer. We have added further resources to the webserver and are currently serving around 300.000 concurrent requests to the webserver without any problems. During reconfiguration you had a short downtime on the web only.
Looks like our work in the past just counted. Stratum mining was only affected for several seconds, but the server was able to cope with all the load.
Thanks for mining with altminer.net!
By block 495 we got hit by a DDoS of around 300 MBit/s with around 1 Mio. Packets per second:
Code:
> Sum 135.587 flows/300s (451 flows/s), 271.176.000 packets/300s (903.920 packets/s), 10,103 GByte/300s (275 MBit/s)
At this point the DDoS trigger of our provider (Thanks for this!) was reached and every further DDoS was blocked immediately. During this short period they flooded us with around 300GB(!!!) of traffic:
We have noticed that the site was very slow during this attack. We are from the beginning running with cloudflare DDoS protection, but we were not able to serve all the miners who switched to altminer. We have added further resources to the webserver and are currently serving around 300.000 concurrent requests to the webserver without any problems. During reconfiguration you had a short downtime on the web only.
Looks like our work in the past just counted. Stratum mining was only affected for several seconds, but the server was able to cope with all the load.
Thanks for mining with altminer.net!
Code:
-a phi -o stratum+tcp://eu1.altminer.net:6667 -u WALLET -p c=LUX
about 1.44 coins a day with 1060
How you got these results?
Now net hashrate about 100 GH/s already!
there is 3 minutes per block, so 20 blocks per hour and 480 blocks per day. with 10 LUX per block it give us 4800 coins per day totally
so with GTX1060 (11-12 Mh/s max) you would get 12/100000 * 4800 = 0.576 LUX per day
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