Topic: NA - page 163. (Read 893610 times)

Welcome for the new buyer's!

this coin is good for the long term!

I knew you would be surprised   Good to hear!

Hey guys, looking for a tldr version for the last 500 pages.
Anyone care to fill me in.

How long would it take to make first 100 MH, I would rather contribute my funds to this?

You can't blame me for not believing it can be done. Many coins make promises and never deliver, guldencoin last year was very slow at delivering. Criptoe team also said this update was not possible but if you remember I also won a bet with LTEX when I said /GeertJohan would not deliver in the time he said.

This comes as a big shock to me and maybe just maybe guldencoin is moving on to become a top tier coin like we all hoped it would become.

I will buy 10 packages if the team delivers the wallets today.

Thanks guys, much appreciated.

Like I said, I am a miner. I already have a working system in place that takes the temporary mining aspect out, and transforms it into a consistent way of mining. Upon re-thinking and re-calculating the numbers used in the current IPO and the idea behind it, it is possible to provide a consistent 100 MH to the network with a rough 1 BTC difference. So easy translated, 7.5 BTC can provide a consistent 100 MH of hashing power with no time limit on it. That's the easy part for me.

With this, I run into a few 'probems'. The first, being the required initial needed investment to pull this off. I am not that "in-depth", yet, in the community to know if there would be enough support to make this work with the help of the premine for the first batch (see also my "secondly" next) as a promo.

Secondly, in case of a positve potential, my mind tends towards building up a muliple of consistent mining. Not with the help of the premine, but stand-alones. Yet not to much, to leave some room for feature Guldencoin users, and also preventing to some extend that a lot of NLG would/could be directed to a few users with deep pockets. The picture I have in mind, is a maximum of 10x 100 MH lifetime IPO Guldencoin contracts. I could use some feedback is this is reasonable (the idea of a consistent 1 GH backbone hashing power).

Thirdly, with consistent mining in mind, I could use some advice on the pools on which to direct the hasing towards. I always used hardcoreminers, but I do not know who the owner is or on what level it is tied with Guldencoin. I simply do not know if there are any pools, and which ones they would be, that are more directly tied to Guldencoin; for example, like http://digihash.co is with Digibyte.

Fourthly, I could use some advice on possibilities in sharing NLG address accessibility or if processes could be automated in terms of payouts in relation to the amount of shares. For example, let's say we could indeed realize a 10x a 100 MH lifetime contract. I would be happy to take on the part to realize what is needed to provide these 10x 100 MH, but in relation to the 'contract takers' I do not know if I would feel comfortable with the control over persistent 1 GH of NLG mining towards the community. Or put it more simply, if I were to be hit by a truck, it would be nice that the persistent mining doesn't go down with me  


Furthermore, I would like to add the statement, if positive received, that I would make the consistent mining something like an "NLG exclusive", or something like that. With the help of it's community, a consistent backbone of hashing can be build for any coin. But I don't want to help the other coins, I want to help building the Guldencoin. There is some very good and dedicated enthousiasm in this community, and I believe in this coin. Dutchies to the moon...  

He should put his money where his mouth is

Think he will be positively surprised and say so.  No worries. Investeerder is about targets in planning being made. Good right to do so.
Dev team has delivered, gives him more trust to invest.

@Investeerder still trying to downgrade all the work what has been done? Tell me dear sir, what exactly except for all the whining have you brought into NLG?

Oh ya, only whining and bitching.

You can always modify the reward rate to compensate for the additional blocks found.
You could even modify your block time, consistent behavior in block creation is better than erratic formation times.

 
 
FYI:
http://www.muchdogenews.com/lets-take-a-better-look-at-auxpow-merge-mining/
http://cryptomining-blog.com/tag/doge-auxpow/

Is merge mining a good thing and does it provide same protection for all coins on hash rate? I think it will make block times very smooth but downside is miners will get guldencoin for free and create less value?

Suggestion:   
Since the multi-algo idea was dropped and since you are still scrypt based.
Why not just setup a way to merge mine Guldencoin with LTC & Doge.

 

70 packages reserved already Just only 30 packages still available atm....

Edit 28 left atm

https://www.youtube.com/watch?v=KDPW_g2AhAU

Respect to the development team, it's the time of the guldencoin to spread it's wings into the world!

Harder to update then recreate! True believer in this coin from now on!

Yes, that just happened https://www.youtube.com/watch?v=EwVDDxoKBk4

  Whoo!

Compliments to all devs in this!!


I think @investeerder will take some packages now nevertheless  

Do my eyes deceive me? Code base update tomorrow or is this something else?

Hey George,

Really happy to hear you investigating a permanent mining solution for guldencoin, please let us know if you have any questions and we will assist wherever possible. Good luck with the idea!