Topic: NobleCoin[NOBL] - 8% PoS | 1Yr+ | MARKETPLACE | PAY | GIFT | CHARITIES/MERCHANTS - page 354. (Read 1053168 times)

Great to have you covering stories on Noblecoin

Nice one thanks..

http://www.cryptoarticles.com/crypto-news/2014/3/29/noblecoin-offering-plenty-of-bounties-anyone-can-participate

Small article to promote NobleCoin & the bounties a bit

root@nobleminer1:~# ping nobl.charityminingpools.com
PING cf-ssl55397-protected-nobl.charityminingpools.com (162.159.248.203) 56(84) bytes of data.
64 bytes from 162.159.248.203: icmp_seq=1 ttl=57 time=8.65 ms
64 bytes from 162.159.248.203: icmp_seq=2 ttl=57 time=8.72 ms

Wrong IP/Domain name.. Where did noblus.charityminingpools.com come from..??

Ignore above.. I'm connecting fine still??

Sorry to state the obvious but did you add port number for mining connection? (Ping requests are just dropped)

Fantastic, many thanks for this. How can you match a wallet on that list to your own? Does the list show current holdings in the wallet, or merely the total Noble that has even been sent to it?

Sorry for the questions, just trying to understand how it works. On current holdings in my Wallet I should be around 35 on that list.

I wonder if this is why not many people are on it, because they can't connect?

Hi guys, been a very busy week for me, so haven't been around too much.

Please remember te submit to the contests!

The meme contest is ending in 2 days, I think we have some nice submissions already, but more is always welcome

Best explanation that I've read so far and easy to understand!

hmm dont know exactly how to explain but in short it's something like someone was mining the same block as you but he was faster than you at confirming so he got them.

someone might explain much better than me 

First off ASICs do not mean more coins will be produced.  It means difficulty will rise, which in-turn helps keep coin production constant.  Very few people will mine at
a loss electricity wise, meaning that a higher difficulty very often leads to a higher price. 

nobl.charityminingpools.com

Come mine while making a difference.

All donations raised during the month of April will go to The Water Project.

STRATUM, VARDIFF, Datacenter Redundant Server Farm, Load Balanced Servers, Frequent Backups
0.5% Mandatory Donation fee to a Good Cause, 0.5% Pool Fees, 0% AP TX Fees

Who Are We?
CharityMiningPools was created to allow miners the ability to mine coins while still knowing that their hashing power is going towards something good.  Our goal is to provide a positive and reliable service while delivering a small portion of the proceeds to a deserving recipient.  Plans are in the works to allow individual miners to choose where they would like to donate to based on a pool of available recipients.

How Does This Work?
All coins minded at CharityMiningPools will require a mandatory 0.5% Donation fee.  This donation fee will be collected and donated to the designated charitable recipient for that given month.  Though we only require a minimum 0.5% Donation fee, we welcome and encourage our miners to raise the stakes and donate more to a good cause.

Cheers!
CharityMiningPools

I do want to say, we can't equate altcoins to BTC in the sense that ASICs entering the scene will help the price of altcoins. The main reason for this is due to the proliferation of scrypt-based altcoins that have a supporting community. Sure there may be several SHA-256 alts, but the way profitability functions, BTC is usually the most profitable. As for scrypt-based altcoins, there is no clear "standard-bearer" so with the advent of scrypt-based ASICs, it will most likely force one coin to stand above the rest based on the amount of investment that goes into it. This inherently implies two things: 1) in all likelihood, the price of one coin along with the price of several alts will go up (most likely, those alts will not necessarily be scrypt-based; in fact, I expect most of them to not be) 2) the coins not "fortunate" to be caught up in the upswing will likely fade away.

The trickiest thing is that because of the proliferation of altcoins, and because there won't be enough to be "spread around" there will be quite a few communities that will be adversely impacted. That is unfortunately going to be the case. As for the miners with the ASICs, they'll be setting the pace for which coins will make it. Those with GPUs will have no choice but to follow suit onto those coins or to move on to coins that are more ASIC-resistant.

[This brings up another problem as to what is more "ASIC-resistant" as even things like scrypt-jane actually aren't all too resistant given the right type of characterization and modification. And the problem with creating new and unique algorithms is that many of them do not start out as GPU-mineable. In a sense, we're kinda stuck with "scrypt-based" mining. (Even X11 counts as scrypt-based since it's just a chain of algorithms.) Anyhow, I'll leave that problem for another post.]

That said, where does that leave NOBL? I'm curious to see Rofo's response. I know that it will have a lot of critical thought behind it like many of the things that he does.

Looking forward to it Rofo. 

@Hueristic, I'd like to hear it.  Calling a whole premise flawed without addressing primary reasons as to why helps no one. 

James tried to join. Signed up created worker but stratum+tcp://noblus.charityminingpools.com is not responding and cannot ping it.

C:\Users\LicheLord>ping noblus.charityminingpools.com

Pinging uslb1.charityminingpools.com [162.243.236.107] with 32 bytes of data:
Request timed out.
Request timed out.
Request timed out.
Request timed out.


Good points and I disagree. I'm not going to go into a lengthily point by point but I am going to state you cannot equate alt coins to BTC. Period, so your premise is flawed from inception.


I will be looking forward to this, your insights are spot on as far as I've been able to glean so far.

We will be releasing a bit of a 'manifesto' over the weekend regarding everything that has been in discussion across the entire forum (our ANN and BTCT) for the last three months to clear the air and answer any questions. It will answer everything on tech., forks, algorithms, and everything non-technical. I have literally spent 18 hours a day for 3 months on NobleCoin and very deep in this scene, too deep if I wanted to keep my idealistic view on crypto. (a year beforehand on cryptocurrency but not as time intensive or at the same level). I think it's time we set our gameplan, intentions, 'standards' and 'policies' in stone. I don't think anyone who has stuck with us at this point will be unhappy with how we're going to take it forward as the 'short-term profit-taking coin-hoppers' have long moved on (I don't begrudge them, but at this point they are no longer a part of Noble). In fact I'm hoping it sets a solid anchor for us to move forward and brings a lot more people into the community to support us in one way or another.

I'm sorry guys but I would like to try and bring some logic to lessen ASIC worries.  So I'll address these issues one at a time:

• "People using ASICs to mine will ultimately bring more coins into the ecosystem and more large sell offs [also known as "dumping]."

Okay, this can be argued both on the technical level regarding coin production, and argued on the economic level regarding miner selling habits.
First off ASICs do not mean more coins will be produced.  It means difficulty will rise, which in-turn helps keep coin production constant.  Very few people will mine at
a loss electricity wise, meaning that a higher difficulty very often leads to a higher price.  Note:  ASICs will push difficulty higher but lower coin production [mining] costs,
so it should not adversely effect values.  Secondly, nearly all miners with more than 2MH/s in hash-power are looking to pay expenses and get a return on their investment,
GPU miners are no different from ASIC users in this regard.

• "ASIC miners will ultimately decimate the Alt-Coin scene in both profitability and value" 
  I'm sorry but I fail to see the basis for this argument.  Yes, GPU miners will be pushed out, just like they were in regards to SHA-256 mining, that didn't mean Bitcoin died out. 
  Refer to the above points for more reasoning behind why it ultimately won't "destroy" these currencies.
  
  
• "Scrypt ASICs favor those with more investment capital, meaning the rich get richer and it is unfair in regards to cryptocurrency."
  Again, this is no different from GPU mining.  There are those with numerous GPUs running solely for the sake of mining, it is no different from
  ASICs.  More capital ultimately means more currency for an individual, its just how it all works.  ASICs don't change this.
  
  

Note I do not own any ASIC mining hardware, so I say all of this not to protect my own investments.  I do run multiple GPU mining units though,
and while I can see that in regards to Scrypt I am a dying breed, I'm not going to spread FUD to try and help secure my economic position.
Thank you for reading.

If someone spent $5,000 on an ASIC machine, they will want that $5,000 back and to do it is by mining and dumping as many coins they can.

Nice one James...

Don't worry about me, use the bounty for other miners..

Thanks

https://nobl.charityminingpools.com

My electric for mine equates to roughly £1 a day. Though I only have 1 280x

OK, I'll throw my main card from poolerino on there. whats the addy.

Send the 1k to the water charity.

Just had another card die so down to 2 on my mining rig and it's hitting Doge while price and dif are LOW!

Gigabyte RMA's are slow. 2 cards in as many weeks is lousy.

Anybody else get sticker shock from elec bill this month? :eek: doubled!