🌱[ANN] SOIL | Environmental | Agriculture | Smart Contracts | Sustainable

[abvhiael]

Seems like somebody instamined this coin to death and now the difficulty is slowly decreasing.

we've noticed this happen a few times already, a mining farm will target SOIL for a day or so, mine the bulk of distribution and move on when the difficulty has gotten too high. the downward direction of difficulty is slower than the upward changes, and so it takes some time for these to reduce to a lesser hashrate being used against the system as miners move on to lower difficulty. the changes within the Homestead release to the difficulty algorithm were supposed to make the longer blocktimes we are experiencing "mathematically impossible", but this is clearly not the case. we do look forward to when a workable proof of stake system of block rewards can be implemented on SOIL, and have been following the developments towards that with dedication. the network is SLOW but is still running.

cryptocurrency mining has become big business. personally, my contribution to running the consensus engine is hampered by the archaic computer i use, but im waiting for a riser cord to come in from the mail so that i can attach the more advanced GPU my brother sent to me (R9 290X) to a computer and be able to mine effectively. but, mining hashpower goes where difficulty is low and profitablility is high. everything is viewed regarding short term profit, and thats perfectly OK. but SOILcoin is a long-term project, and whether we have to find outside funding in order to build an appropriate mining rig that will act as a catalyst against the mining farms that visit us every so often is another thing to look at. (if anyone wants to contribute by sending me older video cards to build into a rig, let me know, id be forever appreciative)

You will need MANY rigs to fight that power. We're talking 100s of good GPU's.

One "ok" rig pushes around 150 Mh/s ethash.. which is nothing when the coin is hit like this, by 2-3 000 Mh/s

A fast adjusting difficulty might help, but as long as it cant adjust "mid block", there will always be that massive hard block taking hours for regular miners to crack.

agreed. but the larger CONSISTENT hashrates dedicated to the system, the faster reductions in difficulty can occur when hit by a massive mining farm like we have seen. theres no realistic way to prevent this sort of "attack" at present. at best, we can push mining power towards the system regularly to ensure a quicker system response to high difficulties. there is no perfect system. we presently have 37 MH/s network speeds, which is really one or two miners helping secure the system. as long as the system is continually moving forward, im content, but im frustrated by the inconvenience that these high difficulty levels presents for simple and speedy transfers. it also makes deploying new contracts to the network very slow, but i muddle along best as i can.

blocktimes and prevention of massive mining attacks is one of the things im consistently researching, to find a way to improve our average blocks towards the mean targeted block time. mid-block adjustments would be a major security flaw, though, even if there were a way to implement it. 

[malekbaba]

Seems like somebody instamined this coin to death and now the difficulty is slowly decreasing.

we've noticed this happen a few times already, a mining farm will target SOIL for a day or so, mine the bulk of distribution and move on when the difficulty has gotten too high. the downward direction of difficulty is slower than the upward changes, and so it takes some time for these to reduce to a lesser hashrate being used against the system as miners move on to lower difficulty. the changes within the Homestead release to the difficulty algorithm were supposed to make the longer blocktimes we are experiencing "mathematically impossible", but this is clearly not the case. we do look forward to when a workable proof of stake system of block rewards can be implemented on SOIL, and have been following the developments towards that with dedication. the network is SLOW but is still running.

cryptocurrency mining has become big business. personally, my contribution to running the consensus engine is hampered by the archaic computer i use, but im waiting for a riser cord to come in from the mail so that i can attach the more advanced GPU my brother sent to me (R9 290X) to a computer and be able to mine effectively. but, mining hashpower goes where difficulty is low and profitablility is high. everything is viewed regarding short term profit, and thats perfectly OK. but SOILcoin is a long-term project, and whether we have to find outside funding in order to build an appropriate mining rig that will act as a catalyst against the mining farms that visit us every so often is another thing to look at. (if anyone wants to contribute by sending me older video cards to build into a rig, let me know, id be forever appreciative)

May be a quick pump will bring a lot more miners. Suprnova pool is getting closed

You will need MANY rigs to fight that power. We're talking 100s of good GPU's.

One "ok" rig pushes around 150 Mh/s ethash.. which is nothing when the coin is hit like this, by 2-3 000 Mh/s

A fast adjusting difficulty might help, but as long as it cant adjust "mid block", there will always be that massive hard block taking hours for regular miners to crack.

agreed. but the larger CONSISTENT hashrates dedicated to the system, the faster reductions in difficulty can occur when hit by a massive mining farm like we have seen. theres no realistic way to prevent this sort of "attack" at present. at best, we can push mining power towards the system regularly to ensure a quicker system response to high difficulties. there is no perfect system. we presently have 37 MH/s network speeds, which is really one or two miners helping secure the system. as long as the system is continually moving forward, im content, but im frustrated by the inconvenience that these high difficulty levels presents for simple and speedy transfers. it also makes deploying new contracts to the network very slow, but i muddle along best as i can.

blocktimes and prevention of massive mining attacks is one of the things im consistently researching, to find a way to improve our average blocks towards the mean targeted block time. mid-block adjustments would be a major security flaw, though, even if there were a way to implement it. 

[frostminer]

Seems like somebody instamined this coin to death and now the difficulty is slowly decreasing.

we've noticed this happen a few times already, a mining farm will target SOIL for a day or so, mine the bulk of distribution and move on when the difficulty has gotten too high. the downward direction of difficulty is slower than the upward changes, and so it takes some time for these to reduce to a lesser hashrate being used against the system as miners move on to lower difficulty. the changes within the Homestead release to the difficulty algorithm were supposed to make the longer blocktimes we are experiencing "mathematically impossible", but this is clearly not the case. we do look forward to when a workable proof of stake system of block rewards can be implemented on SOIL, and have been following the developments towards that with dedication. the network is SLOW but is still running.

cryptocurrency mining has become big business. personally, my contribution to running the consensus engine is hampered by the archaic computer i use, but im waiting for a riser cord to come in from the mail so that i can attach the more advanced GPU my brother sent to me (R9 290X) to a computer and be able to mine effectively. but, mining hashpower goes where difficulty is low and profitablility is high. everything is viewed regarding short term profit, and thats perfectly OK. but SOILcoin is a long-term project, and whether we have to find outside funding in order to build an appropriate mining rig that will act as a catalyst against the mining farms that visit us every so often is another thing to look at. (if anyone wants to contribute by sending me older video cards to build into a rig, let me know, id be forever appreciative)

May be a quick pump will bring a lot more miners. Suprnova pool is getting closed

You will need MANY rigs to fight that power. We're talking 100s of good GPU's.

One "ok" rig pushes around 150 Mh/s ethash.. which is nothing when the coin is hit like this, by 2-3 000 Mh/s

A fast adjusting difficulty might help, but as long as it cant adjust "mid block", there will always be that massive hard block taking hours for regular miners to crack.

agreed. but the larger CONSISTENT hashrates dedicated to the system, the faster reductions in difficulty can occur when hit by a massive mining farm like we have seen. theres no realistic way to prevent this sort of "attack" at present. at best, we can push mining power towards the system regularly to ensure a quicker system response to high difficulties. there is no perfect system. we presently have 37 MH/s network speeds, which is really one or two miners helping secure the system. as long as the system is continually moving forward, im content, but im frustrated by the inconvenience that these high difficulty levels presents for simple and speedy transfers. it also makes deploying new contracts to the network very slow, but i muddle along best as i can.

blocktimes and prevention of massive mining attacks is one of the things im consistently researching, to find a way to improve our average blocks towards the mean targeted block time. mid-block adjustments would be a major security flaw, though, even if there were a way to implement it. 

I guess the only protection against this is multi-algo.

[Shkembe]

Second largest wallet in Bittrex dumped his coins, now I am N2.

[malekbaba]

Is it the lowest price ever in bittrex ? Are you a bit tensed about the price ? Everyone thought there will be a pump following ETH's price like shiftcoin. But there was even price reduction. Is it dying ?

[rajeshgarnaik]

why price going down so much.

[frostminer]

Second largest wallet in Bittrex dumped his coins, now I am N2.

Im surprised it didnt have a bigger impact.

[abvhiael]

Is it the lowest price ever in bittrex ? Are you a bit tensed about the price ? Everyone thought there will be a pump following ETH's price like shiftcoin. But there was even price reduction. Is it dying ?

after launch we settled into a price discovery of below 1000 sat for awhile. we havent really had price reduction, simply stagnancy. im not worried about current valuation, its only been a month and a bit where we've hovered in the 2-3000 sat range. SOIL isnt dying, but i am working hard on finsihing up a few projects in the hope of breathing refreshed energy into the valuation. while im not concerned over our price, id still love to see it higher (naturally) to incentivize the mining more.

ive been working thru the weekend on two of my projects ... the SafeMarket port to SOIL and our precious metals backed assets ... the SafeMarket should be finished sooner than the yet to be appellated precious metals market. ive secured a few vendors of platinum and palladium, and have been looking into the feasibility of using not only the metals with ISO currency codes (the two mentioned above along with gold and silver) but to include other semi-precious metals as well (particularily rhodium and irridium) we have acquired some platinum and palladium as well, 1 ounce of the former and and 2 ounces of the latter, to ensure working assets are available when we launch, and id like to be able to offer the "asset backed tokens" similar to the digix project at 1 XPT (platinum) equal to 1 gram, divisible as a token to 0.001 grams (ex: with PT at almost a thousand dollars an ounce, each XPT token would be worth about $36 USD, divisible to $0.035 USD at its smallest) ive been watching the DGD (digixDAO) project closely, and have been thinking about the release of a similar valued "corporate token" for the precious metals market with similar usage to assist with overall SOILcoin development funding, but i havent worked out the logistics for that yet.

dont worry about the value. we will remain consistently working on developments and projects, and that will lead to further price appreciation.

[skidog]

... im not worried about current valuation... while im not concerned over our price, id still love to see it higher (naturally) to incentivize the mining more.

...

dont worry about the value. we will remain consistently working on developments and projects, and that will lead to further price appreciation.

Very positive view. You seem to have a good long range eye, and when real money starts to flow into crypto it will be to coins with a solid foundation, as this seems to be, and not the hyped coins that are much more expensive now but offer little going forward.

It is very good that Soil has a dedicated dev and a handful of people who keep it moving, but it would be better to attract outside developers into the coin. That is a major goal of coins like this, correct?

What can be done to make Soil more appealing to developers who want to build?

edit to add
Also nice if somebody could delete the banner at the top of this thread

Time will tell. As long as you keep working I am sure people will come. No worries

[malekbaba]

I am a bit worried about the price. Can't we expect to be listed in other giant exchanges?

[Shkembe]

I am a bit worried about the price. Can't we expect to be listed in other giant exchanges?

No need to be worried! When BTC grows up all alts go down. BTC pump will stop soon.

[WigitGetIt]

I am a bit worried about the price. Can't we expect to be listed in other giant exchanges?

Buying opportunity. SOIL is going nowhere, obviously have some good tech. These projects are really the future of alts. Add more to your bag if you can, I am.

[abvhiael]

Peter has written me to tell me that he will be leaving the SOILcoin project due to time constraints at his new work and home. Its been an absolute pleasure working with Peter in getting SOIL launched and running, and I wish him the best of luck in his future endeavours.

I will remain working on SOIL, as diligently and obsessively as before, and if anyone within the community would like to help out further with the core development side of things here, send me a PM or reach out to me on our slack channel... I have a lot of belief in this project, and that what we are building is something that will, down the road, prove to be a useful tool for our preferred communities in renewable energy, agriculture and scientific computing.

Im reworking the OP and website, as well as setting up the new "hard nodes" today, as well as continuing to work on the couple projects i have on the go presently. Hope the weather for everyone is better than this soggy mess we have here in atlantic canada...

[crazyearner]

Peter has written me to tell me that he will be leaving the SOILcoin project due to time constraints at his new work and home. Its been an absolute pleasure working with Peter in getting SOIL launched and running, and I wish him the best of luck in his future endeavours.

I will remain working on SOIL, as diligently and obsessively as before, and if anyone within the community would like to help out further with the core development side of things here, send me a PM or reach out to me on our slack channel... I have a lot of belief in this project, and that what we are building is something that will, down the road, prove to be a useful tool for our preferred communities in renewable energy, agriculture and scientific computing.

Im reworking the OP and website, as well as setting up the new "hard nodes" today, as well as continuing to work on the couple projects i have on the go presently. Hope the weather for everyone is better than this soggy mess we have here in atlantic canada...

Shame to see a member go from the development team, hope this does not effect the future and you manage to find someone to fill the position. I am all about renewable energy would be nice to kick start projects off. Just need the public behind the coin and also  a bigger stronger team that can crack on with development and get this coin going. Their plenty of room for growth just need the public and services behind it to get it going.

[abvhiael]

Shame to see a member go from the development team, hope this does not effect the future and you manage to find someone to fill the position. I am all about renewable energy would be nice to kick start projects off. Just need the public behind the coin and also  a bigger stronger team that can crack on with development and get this coin going. Their plenty of room for growth just need the public and services behind it to get it going.

well, im rewriting the OP in hopes of having a few people want to get more intimately involved with SOIL. its a time consuming project, that never seems to stop growing in scale. the advantage of SOILcoin is that the applications on the network can be developed independently by anyone, but in the end id love to collaborate with folks who have ideas and see if we cant make them a reality.  its been more than a bit hectic, restructuring the project, making sure the core development team will have full control over all aspects. i do not intend to leave the project, nor will i stop working on the projects i already have underway. and then theres the eleventyseven projects on the back burners. if anyone can write a dApp giving me a 72 hour day....

[skidog]

Peter has written me to tell me that he will be leaving the SOILcoin project due to time constraints at his new work and home. Its been an absolute pleasure working with Peter in getting SOIL launched and running, and I wish him the best of luck in his future endeavours.

I will remain working on SOIL, as diligently and obsessively as before, and if anyone within the community would like to help out further with the core development side of things here, send me a PM or reach out to me on our slack channel... I have a lot of belief in this project, and that what we are building is something that will, down the road, prove to be a useful tool for our preferred communities in renewable energy, agriculture and scientific computing.

Im reworking the OP and website, as well as setting up the new "hard nodes" today, as well as continuing to work on the couple projects i have on the go presently. Hope the weather for everyone is better than this soggy mess we have here in atlantic canada...

Shame to see a member go from the development team, hope this does not effect the future and you manage to find someone to fill the position. I am all about renewable energy would be nice to kick start projects off. Just need the public behind the coin and also  a bigger stronger team that can crack on with development and get this coin going. Their plenty of room for growth just need the public and services behind it to get it going.

Sorry to hear that. Keep your head up. Pace yourself...

[malekbaba]

soil is going under soil. Anybody knows why ? 

[Shkembe]

soil is going under soil. Anybody knows why ? 

Yep, I know. Because everyone just asking "why" and do nothing to change things. Succesful coins are these ones with strong comunity and support.

[abvhiael]

soil is going under soil. Anybody knows why ? 

panic. misinformation. sheep following sheep? im curious too as to the sudden abandonment by the community. anyhow, im just about done completely redoing the OP, with infographics and everything. i'll be rereleasing the website once ive gotten that done as well and will also be putting up stuff on a blog, the articles and user manuals ive written...

projects have taken a back seat for a few days while im getting the SOILcoin Project reorganized. we could still use a blockchain expert to help with development and protocol updates. trust me, being a development team of one is not easy. i have a ton of ideas for projects, and no time to get to it all. but from rewriting the OP its given me new ideas as well...

i hope you all stick around and buy SOIL for cheap while you can!!

[mrmaroon]

Hey guys! I just found your awesome coin! I am trying to help you out by mining, but cant get my node to get past Listening on xxxxx:

So I connected my miners to your pool.soil.xyz pool. I think there may be a problem, there have been no payouts for 5 days? I will let it run tonight, I don't know who is in charge of the pool - if they are trustworthy I will continue using the pool with my 380 miner rig!

I live on a decent sized farm - we use GPS and other tech stuff (expensive!), so I will help mining when I can Would love to see this become something great. Glad someone thought of it, I can explain crypto to old farmers a little better now

Edit: Someone must have seen this, it looks like payouts are working again. I left my 380s on the pool. Ill try and figure out the blockchain syncing when I have time. I tried adding the enodes but no change. I tried SOILsafe too. It get stuck on "soil node needs to sync" listening on 39420. Its been like that for hours. Ive been using an exchange address for mining.