it's also getting very close to the neckline of the huge inverted head and shoulders...
I managed to make 30 to 35 Dollars in 6 days of mining Ravencoin. With one 1070ti, mining 12-16 hours a day.My poor, poor mining profits, I'm down to 3 dollars a day. I think I'm just gonna make enough to withdraw to Coinbase one more time and then I'm gonna call it a day on mining for a while.
Garrett Camp, best known for being a co-founder of Uber and founder of the accelerator/venture fund Expa, is launching his own cryptocurrency.
The currency is called Eco, and Camp wants it to be a digital global currency that can be used as a payment tool around the world for daily-use transactions.
There will be one trillion tokens issued initially, of which 50% will be given away to the first one billion verified humans that sign up. 20% will go to the universities running trusted nodes, 10% will go to advisors, 10% will go to strategic partners, and 10% will go to a newly formed Eco Foundation which will be responsible for creating and maintaining the network. Camp as well as a small number of partners affiliated with Expa will also donate $10M to seed the foundation with an operating budget.
Eco's initial whitepaper explains that it wants to improve on a few main issues common with digital currencies.
First, it wants to use only verified nodes for network support and transaction confirmations, meaning someone anonymous couldn't run a node and confirm transactions like they could do on bitcoin's network. While this essentially removes issues of 51% attacks or other acts of fraud, it also means it won't be truly decentralized.
Second, Eco will have a large token supply (one trillion, at least initially) and simple web and mobile apps. This is likely the project's attempt to be more user friendly, meaning a smaller dollar to Eco token conversation rate so regular users aren't scared away by high token prices, which often happens with bitcoin. Similarly, the web and mobile app directive likely means they want to make wallets easily accessible to anyone regardless of technical ability.
The last improvement is that Eco wants to be energy efficient when it comes to transaction verification and token generation, meaning there won't be a network of electricity-intensive miners supporting the network like some other cryptocurrencies have.
I've been mining raven since you posted and have made around 26$ after 5 days of mining with my gtx 980, it's been really lucrative, thanks!I managed to make 30 to 35 Dollars in 6 days of mining Ravencoin. With one 1070ti, mining 12-16 hours a day.
However in the past few days the difficulty has increased by a shit ton so it's basically over for people without gpu rigs.
I could sell my Ravens on discord or crypto-bridge, but I guess I'll be hodling for now.
While in their discord I felt a bit weird around people who mined millions when it was easy. This experience made me vigilant about new (open source) pow coins.
In the past two days I also minded 10 Elicoin just in case: https://bitcointalk.org/index.php?topic=3028302.0
In other news:
https://techcrunch.com/2018/03/01/uber-co-founder-garrett-camp-is-creating-a-new-cryptocurrency/
Get your Eco I guess https://eco.com/home
https://twitter.com/ColossusCoinXT/status/969395746796658688A letter has been sent to @CoinsmarketsEXC outlining the legal actions Colossus will take if there are any further delays for #COLX withdrawals. Our community is always priority and we will work on having this resolved. Thank you all for your patience.
I've been reading Encyclopedia of Chart Patterns book along with other stuff , not sure if it's completely worthwhile but definitely netted me some gains so far. Maybe it's just luck, not sure yet.
One thing about chart reading that is not clear though is what is long term in crypto. All books talk about months as being the regular time frame where things can change , not sure what the equivalent is in crypto yet- one week is a long time - is that the equivalent of a regular stock month I wonder?
Flash has been doing well the last couple of days.Man, I'm left holding the bag on some bullshit coins.
Should have dumped all that photon/adc/flash crap the minute it went x2.
Ok, so I was distinctly unimpressed by Audiocoin, however this is looking promising:
https://emanate.live/
It is spearheaded by a guy who has made his name by making the Steem based Soundcloud clone.
https://busy.org/@prc/presenting-to-all-my-steemian-friends-another-project-of-mine-emanate
Some of it seems to crib from Musicoin, especially the contractual stuff. The audio fingerprinting tech looks like it could be very useful in enforcing copyright/protected material. Loads of other stuff mixed in there too. The DAW stuff is a real difference.
I'm tempted by the crowdsale. I have no idea how on earth I'm going to get any ETH to do it though.
Sure you CAN mine, but it's not gonna make you any moneySo I have like a gtx650 can I mine anything with that? I'e tried whattomine website but I don't understand shit lmao.
I only really check bitcointalk announcementsAre there any groups, sub-reddits, to check for new coins to mine?
I want to try mining eth leaving my rig running, but maybe theres new coins with potential growth to turn into eth.
Been mining Elicoin right now.
Wonder if it will go anywhere. I certainly hope so.
So I have like a gtx650 can I mine anything with that? I'e tried whattomine website but I don't understand shit lmao.
So I have like a gtx650 can I mine anything with that? I'e tried whattomine website but I don't understand shit lmao.
I am not sure if Cryptopia and the white paper coming out can even help at this point honestly... sucks because I have a lot of those coins and was hoping for just .10 as that would of netted me a lot of money.
Still going to hodl though.
Guys, this thread seems really inactive now and hearing others opinions on the market helps confirm/deny some of my beliefs in how it is going. I guess I may have to ask for a discord invite since it will likely be more active there... how do I go about that?
There's a deeper problem there though, if they're dishonest about something like this would I trust them in other things?
Guys, this thread seems really inactive now and hearing others opinions on the market helps confirm/deny some of my beliefs in how it is going. I guess I may have to ask for a discord invite since it will likely be more active there... how do I go about that?
Guys, this thread seems really inactive now and hearing others opinions on the market helps confirm/deny some of my beliefs in how it is going. I guess I may have to ask for a discord invite since it will likely be more active there... how do I go about that?
Y'all got two weeks to lock up your ven on wallets if you want the extra % rewards. 6k ven though for the first tier
So what if I have like no where near that and have it sitting on binance? Do I get anything?Y'all got two weeks to lock up your ven on wallets if you want the extra % rewards. 6k ven though for the first tier