There we go! Lift offfff!
Just saw this now, what does this mean in English?
Topic: NA - page 270. (Read 893613 times)
I have some bad news, I have confirmed with a miner that used to use CM until end of last week that ROI was down when CM was not hitting Guldencoin. So Guldencoin is what make or break CM now.
Maybe suggestion of reducing block time might work but CM will always be there to get easy blocks. I don't think much can be done unless we become next Doge or litecoin so more efforts to keep going mainstream. Then a lot of dedicated miners. Another option is merged mining like Dogecoin has?
Terks CM is the matriarch of switch pool despite what he says when his pool was not hitting the chain for 2 days the other switch pools had lot less effect. This morning is back to 50% and needs NLG to survive for his business. It quite a sad situation.
Maybe suggestion of reducing block time might work but CM will always be there to get easy blocks. I don't think much can be done unless we become next Doge or litecoin so more efforts to keep going mainstream. Then a lot of dedicated miners. Another option is merged mining like Dogecoin has?
Terks CM is the matriarch of switch pool despite what he says when his pool was not hitting the chain for 2 days the other switch pools had lot less effect. This morning is back to 50% and needs NLG to survive for his business. It quite a sad situation.
@ny2cafuse - What do you think about Guldencoin getting listed on coinwarz and even cryptsy? Have more multipools in compeition with CM? Would that make things worse off as bigger spikes in hash rate or would it also maybe make it less profitable for some of these jump pools to carry on hitting our chain because there is more competiion for the easy blocks.
We might be Terks cash cow because he literally has no competition with other multipools but I also worry that too many jump pools coming in at one time to get the easy blocks might spike the difficulty.
What do you and other miners think about giving CM some competition?
I personally think it's a bad idea to get listed on coinwarz or cryptsy! That will only make things worse!
Better yet, I would like it even more if we got delisted from all exchanges (bittrex too). Let me explain why. If we are not listed on an automated exchange, multipools like CM have nowhere to dump their coins anymore. This creates an opportunity to get a real exchange going that is dedicated to fair trade of NLG. Lets not forget, we want NLG to be used for payments, not for speculation, we have the other Gulden for that...
I agree with the above. No more btc based exchanges, cryptsy isn't known as the place coins go to die for nothing.
I have to agree with LTEX on this one. Cut the ties with BTC trading, especially bittrex and exchanges that allow autotrading and API access. This sounds counterproductive, but it serves two purposes.
First, it cuts CM's, and other MP's, feet out from under them. Without a autotrading exchange, MPs can't function. Second, it brings trading focus back to the Euro, and unties NLG from BTC. NLG did a good job of not fluctuating with BTC's and LTC's swings... that was a huge selling point for my team when we first got involved.
Now I know a lot of people would be like "but what about a main exchange for BTC trading". Well, you make one. An official BTC/NLG exchange with no bells and whistles. Like exchange.guldencoin.com. No autotrading, no APIs, nothing. Just a place where dedicated NLG users could trade some coin. Community built and community run. Trading fees go to the dev team, and the community gets an official exchange.
I know that's a lot of crazy thinking right there, but it makes sense when you start thinking about it. I don't expect everyone to agree. It's just my $0.02.
-Fuse
Outstanding idea , what about doing a fund raiser like was done for the iOS wallet. I can 100% trust this team to deliver if they say they can to build an exchange and have buy in options for credit cards etc.
What does the team think of the above?
I have some bad news, I have confirmed with a miner that used to use CM until end of last week that ROI was down when CM was not hitting Guldencoin. So Guldencoin is what make or break CM now.
Maybe suggestion of reducing block time might work but CM will always be there to get easy blocks. I don't think much can be done unless we become next Doge or litecoin so more efforts to keep going mainstream. Then a lot of dedicated miners. Another option is merged mining like Dogecoin has?
Terks CM is the matriarch of switch pool despite what he says when his pool was not hitting the chain for 2 days the other switch pools had lot less effect. This morning is back to 50% and needs NLG to survive for his business. It quite a sad situation.
Maybe suggestion of reducing block time might work but CM will always be there to get easy blocks. I don't think much can be done unless we become next Doge or litecoin so more efforts to keep going mainstream. Then a lot of dedicated miners. Another option is merged mining like Dogecoin has?
Terks CM is the matriarch of switch pool despite what he says when his pool was not hitting the chain for 2 days the other switch pools had lot less effect. This morning is back to 50% and needs NLG to survive for his business. It quite a sad situation.
@ny2cafuse - What do you think about Guldencoin getting listed on coinwarz and even cryptsy? Have more multipools in compeition with CM? Would that make things worse off as bigger spikes in hash rate or would it also maybe make it less profitable for some of these jump pools to carry on hitting our chain because there is more competiion for the easy blocks.
We might be Terks cash cow because he literally has no competition with other multipools but I also worry that too many jump pools coming in at one time to get the easy blocks might spike the difficulty.
What do you and other miners think about giving CM some competition?
I personally think it's a bad idea to get listed on coinwarz or cryptsy! That will only make things worse!
Better yet, I would like it even more if we got delisted from all exchanges (bittrex too). Let me explain why. If we are not listed on an automated exchange, multipools like CM have nowhere to dump their coins anymore. This creates an opportunity to get a real exchange going that is dedicated to fair trade of NLG. Lets not forget, we want NLG to be used for payments, not for speculation, we have the other Gulden for that...
I agree with the above. No more btc based exchanges, cryptsy isn't known as the place coins go to die for nothing.
I have to agree with LTEX on this one. Cut the ties with BTC trading, especially bittrex and exchanges that allow autotrading and API access. This sounds counterproductive, but it serves two purposes.
First, it cuts CM's, and other MP's, feet out from under them. Without a autotrading exchange, MPs can't function. Second, it brings trading focus back to the Euro, and unties NLG from BTC. NLG did a good job of not fluctuating with BTC's and LTC's swings... that was a huge selling point for my team when we first got involved.
Now I know a lot of people would be like "but what about a main exchange for BTC trading". Well, you make one. An official BTC/NLG exchange with no bells and whistles. Like exchange.guldencoin.com. No autotrading, no APIs, nothing. Just a place where dedicated NLG users could trade some coin. Community built and community run. Trading fees go to the dev team, and the community gets an official exchange.
I know that's a lot of crazy thinking right there, but it makes sense when you start thinking about it. I don't expect everyone to agree. It's just my $0.02.
-Fuse
I have some bad news, I have confirmed with a miner that used to use CM until end of last week that ROI was down when CM was not hitting Guldencoin. So Guldencoin is what make or break CM now.
Maybe suggestion of reducing block time might work but CM will always be there to get easy blocks. I don't think much can be done unless we become next Doge or litecoin so more efforts to keep going mainstream. Then a lot of dedicated miners. Another option is merged mining like Dogecoin has?
Terks CM is the matriarch of switch pool despite what he says when his pool was not hitting the chain for 2 days the other switch pools had lot less effect. This morning is back to 50% and needs NLG to survive for his business. It quite a sad situation.
Maybe suggestion of reducing block time might work but CM will always be there to get easy blocks. I don't think much can be done unless we become next Doge or litecoin so more efforts to keep going mainstream. Then a lot of dedicated miners. Another option is merged mining like Dogecoin has?
Terks CM is the matriarch of switch pool despite what he says when his pool was not hitting the chain for 2 days the other switch pools had lot less effect. This morning is back to 50% and needs NLG to survive for his business. It quite a sad situation.
Thanks for sharing your report! To be honest the report from your miner friend kind of surprised me. If you look at clever's reported profitability (http://clevermining.com/profits) there is no dip in profitability Feb 2 through 5 when clever was not mining NLG. Did the reported BTC per MH reported on clever's profitability charts not match your friend's ROI?
To talk about things besides mining
Yesterday I finally got some time to listen to Rob Buerra's talk on the Krypto Kings podcast. Wow! What a great job Rob did talking about Guldencoin. Highly recommend it for those who haven't listened to it yet. https://www.youtube.com/watch?v=fO1cqE-ZNCI As per the CM ANN I will be watching Guldencoin closely over the next month, if I like what I see I might throw some dedicated hash towards the coin for future price growth.
Welcome to the NLG thread Life4mining! Would be great to see some more dedicated miners follow, it would be a matter of time that NLG's price will rise when we get a healthy chain!
You'll see one update coming by tonight like I said before if all runs smoothly!
forum.guldencoin.com we have an English section over there also! Maybe you can find some more information if you'd like to!
As per the CM ANN I will be watching Guldencoin closely over the next month, if I like what I see I might throw some dedicated hash towards the coin for future price growth.
Very welcome Life4mining
At which diff CM joins and with how much GHash?
I think they mine constantly, with lower hashrate at higher diff and higher hashrate at lower diff. Not switching totally off and on, I think. Mean hashrate of CM about 3-3.5 GH/s atm? But that is just a guess.
NLG is just a small gain of the total of Clever. Clever has to compete with other MP's, so they will keep mining all scryptcoins, as Terk said. Multipool total hashrate is dropping since months, because profitability is getting lower and lower in btc. Maybe turning point will come in the near future that people see it is better to mine dedicated at good coins, than short term profit on MP's?
Below total hashrate CM. (top spike is december 3rd)
What would be the price that would make NLG non-attractive to CM?
Around 400-450 should be fine to make it less attractive and have less fluctuations in block times PROVIDED dedicated hashrate remain the same.
4-5 months ago it would of been possible to keep the price that low but now with so many buyers people will buy up coins at those bargain prices if anyone had to try force the market down.
Guldencoin is at a place where a dump would reverse just as much as a pump. This is good!
What would be the price that would make NLG non-attractive to CM?
Around 400-450 should be fine to make it less attractive and have less fluctuations in block times PROVIDED dedicated hashrate remain the same.
4-5 months ago it would of been possible to keep the price that low but now with so many buyers people will buy up coins at those bargain prices if anyone had to try force the market down.
Guldencoin is at a place where a dump would reverse just as much as a pump. This is good!
In my opinion we need to shift focus from the mining and into the growing of Guldencoin, building more services and making it stand out from the rest of the crowd. This will bring more miners , even more community and support as we win the hearts and minds of people with the tenacity to succeed even through these hurdles that get thrown at the currency.
A lot of work in progress as we speak! Keep an eye out for today, one will be launched if all goes well!
This makes me smile!
Having skimmed through the timeline NLG is definitely a top 10 coin in what it offers. EG. Only 5 currencies have made it to iOS store. BTC/LTC/DOGE/NLG/Digibyte
The community behind Guldencoin is strong. Still going strong after 5months of hard rape because of some community members!
Like a guy said to me 
Stick around, you'll see that the next upcoming years will be very exciting!In my opinion we need to shift focus from the mining and into the growing of Guldencoin, building more services and making it stand out from the rest of the crowd. This will bring more miners , even more community and support as we win the hearts and minds of people with the tenacity to succeed even through these hurdles that get thrown at the currency.
A lot of work in progress as we speak! Keep an eye out for today, one will be launched if all goes well!
This makes me smile!
Having skimmed through the timeline NLG is definitely a top 10 coin in what it offers. EG. Only 5 currencies have made it to iOS store. BTC/LTC/DOGE/NLG/Digibyte
In my opinion we need to shift focus from the mining and into the growing of Guldencoin, building more services and making it stand out from the rest of the crowd. This will bring more miners , even more community and support as we win the hearts and minds of people with the tenacity to succeed even through these hurdles that get thrown at the currency.
A lot of work in progress as we speak! Keep an eye out for today, one will be launched if all goes well!
In my opinion we need to shift focus from the mining and into the growing of Guldencoin, building more services and making it stand out from the rest of the crowd. This will bring more miners , even more community and support as we win the hearts and minds of people with the tenacity to succeed even through these hurdles that get thrown at the currency.
I have some bad news, I have confirmed with a miner that used to use CM until end of last week that ROI was down when CM was not hitting Guldencoin. So Guldencoin is what make or break CM now.
Maybe suggestion of reducing block time might work but CM will always be there to get easy blocks. I don't think much can be done unless we become next Doge or litecoin so more efforts to keep going mainstream. Then a lot of dedicated miners. Another option is merged mining like Dogecoin has?
Terks CM is the matriarch of switch pool despite what he says when his pool was not hitting the chain for 2 days the other switch pools had lot less effect. This morning is back to 50% and needs NLG to survive for his business. It quite a sad situation.
Maybe suggestion of reducing block time might work but CM will always be there to get easy blocks. I don't think much can be done unless we become next Doge or litecoin so more efforts to keep going mainstream. Then a lot of dedicated miners. Another option is merged mining like Dogecoin has?
Terks CM is the matriarch of switch pool despite what he says when his pool was not hitting the chain for 2 days the other switch pools had lot less effect. This morning is back to 50% and needs NLG to survive for his business. It quite a sad situation.
@ny2cafuse - What do you think about Guldencoin getting listed on coinwarz and even cryptsy? Have more multipools in compeition with CM? Would that make things worse off as bigger spikes in hash rate or would it also maybe make it less profitable for some of these jump pools to carry on hitting our chain because there is more competiion for the easy blocks.
We might be Terks cash cow because he literally has no competition with other multipools but I also worry that too many jump pools coming in at one time to get the easy blocks might spike the difficulty.
What do you and other miners think about giving CM some competition?
I personally think it's a bad idea to get listed on coinwarz or cryptsy! That will only make things worse!
Better yet, I would like it even more if we got delisted from all exchanges (bittrex too). Let me explain why. If we are not listed on an automated exchange, multipools like CM have nowhere to dump their coins anymore. This creates an opportunity to get a real exchange going that is dedicated to fair trade of NLG. Lets not forget, we want NLG to be used for payments, not for speculation, we have the other Gulden for that...
I agree with the above. No more btc based exchanges, cryptsy isn't known as the place coins go to die for nothing.
I have some bad news, I have confirmed with a miner that used to use CM until end of last week that ROI was down when CM was not hitting Guldencoin. So Guldencoin is what make or break CM now.
Maybe suggestion of reducing block time might work but CM will always be there to get easy blocks. I don't think much can be done unless we become next Doge or litecoin so more efforts to keep going mainstream. Then a lot of dedicated miners. Another option is merged mining like Dogecoin has?
Terks CM is the matriarch of switch pool despite what he says when his pool was not hitting the chain for 2 days the other switch pools had lot less effect. This morning is back to 50% and needs NLG to survive for his business. It quite a sad situation.
Maybe suggestion of reducing block time might work but CM will always be there to get easy blocks. I don't think much can be done unless we become next Doge or litecoin so more efforts to keep going mainstream. Then a lot of dedicated miners. Another option is merged mining like Dogecoin has?
Terks CM is the matriarch of switch pool despite what he says when his pool was not hitting the chain for 2 days the other switch pools had lot less effect. This morning is back to 50% and needs NLG to survive for his business. It quite a sad situation.
@ny2cafuse - What do you think about Guldencoin getting listed on coinwarz and even cryptsy? Have more multipools in compeition with CM? Would that make things worse off as bigger spikes in hash rate or would it also maybe make it less profitable for some of these jump pools to carry on hitting our chain because there is more competiion for the easy blocks.
We might be Terks cash cow because he literally has no competition with other multipools but I also worry that too many jump pools coming in at one time to get the easy blocks might spike the difficulty.
What do you and other miners think about giving CM some competition?
I personally think it's a bad idea to get listed on coinwarz or cryptsy! That will only make things worse!
Better yet, I would like it even more if we got delisted from all exchanges (bittrex too). Let me explain why. If we are not listed on an automated exchange, multipools like CM have nowhere to dump their coins anymore. This creates an opportunity to get a real exchange going that is dedicated to fair trade of NLG. Lets not forget, we want NLG to be used for payments, not for speculation, we have the other Gulden for that...
I have some bad news, I have confirmed with a miner that used to use CM until end of last week that ROI was down when CM was not hitting Guldencoin. So Guldencoin is what make or break CM now.
Maybe suggestion of reducing block time might work but CM will always be there to get easy blocks. I don't think much can be done unless we become next Doge or litecoin so more efforts to keep going mainstream. Then a lot of dedicated miners. Another option is merged mining like Dogecoin has?
Terks CM is the matriarch of switch pool despite what he says when his pool was not hitting the chain for 2 days the other switch pools had lot less effect. This morning is back to 50% and needs NLG to survive for his business. It quite a sad situation.
Maybe suggestion of reducing block time might work but CM will always be there to get easy blocks. I don't think much can be done unless we become next Doge or litecoin so more efforts to keep going mainstream. Then a lot of dedicated miners. Another option is merged mining like Dogecoin has?
Terks CM is the matriarch of switch pool despite what he says when his pool was not hitting the chain for 2 days the other switch pools had lot less effect. This morning is back to 50% and needs NLG to survive for his business. It quite a sad situation.
@ny2cafuse - What do you think about Guldencoin getting listed on coinwarz and even cryptsy? Have more multipools in compeition with CM? Would that make things worse off as bigger spikes in hash rate or would it also maybe make it less profitable for some of these jump pools to carry on hitting our chain because there is more competiion for the easy blocks.
We might be Terks cash cow because he literally has no competition with other multipools but I also worry that too many jump pools coming in at one time to get the easy blocks might spike the difficulty.
What do you and other miners think about giving CM some competition?
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