[ANN] Ethereum: Welcome to the Beginning

[mandibleclaw]

Hi guys. I have this problem for several days now.
I am mining ETH on nanopool and I set my payment treshold to the absolute minimum, 0.05 ETH.
I usually reach this in aproximately 48 hours, with a 352 mhs hashrate.
But for the past few days, my last payment was made 10 hours after those 48 hours and now, I am awaiting to reach those 0.05 ETH and passed those previous payment's 10 hours with 4 hours already, and I reached only 0.04, so it will take several hours more to reach the threshold.

Could you explain me why is this happening all of a sudden?

After the payment is made, I will try ethermine and see if this happens also there.

I want to mention that my hashrate is constant, without any interruptions whatsoever for the past 5 days, and the incorrect shares are just 3, from the total of 13761, spread to 3 different gpus.

This is nanopool's answer:

''Hello,
Note that Nanopool takes only a fee of 1% from your mined coins, which is taken directly out of coins you mine, while there is no payout commission whatsoever.
Also note that share difficulty is static and equal to 10 billion.
Our pool uses PPLNS system reward, so your balance gets updated after the pool is found a block, and reward is proportional to the number of submitted shares for last 20 minutes.
Since the frequency of balance updates depends on pool's blockrate, which depends on pool's luck, there is a random factor in miner's payout frequency.
You can find all details here: https://eth.nanopool.org/help#poolsettings.
Note that since hashrate influences both miner's reward and pool's hashrate, increasing your hashrate increases your chances but not guarantees to increase your payouts.
Hope this helps, and have a good mining experience!''

Ok so this bullcrap says that I have to increase my hashrate to increase my chances. But two days ago I had the same hashrate, and my chances were way better. ETH diff didn't rose or something like this to put the blame on it instead.

I don't think that anyone can help you out here, it's better if you seek help on reddit or channels like that and try to contact nanopool again. Or, if you think that nanopool isn't fair with you anymore, maybe change pool!

[wangxiaoyan600]

Do not worry about the development of Ethereum, ETH will still be one of the most mainstream public chains in the future. ETH is worth a firm hold of investors

[Pedroreis]

hello guys,

Hello everyone, I made a deposit in an exchange called yobit. and the transaction was successfully made more than 4 days ago for their account, but I still do not have my yobit account, is there any way to not be exchange problem and be from the ethereum network because there are overdue transactions? The exchange is centralized there are no smart contracts from the yobit account for my account created within yobit right?

please help! thank you for your time to read this post.

good investments for all

[mandor]

ETH will be #1 in few years

And after that scenario ETC will surpass ETH smoothly 

lol thx for that chuckle. Needed it

Wait for NEO to reveal itself in its final and superior form. I really do believe NEO is better!

in a few years? Are you kidding? it's hard to catch up with Bitcoin which is still in position 1 and ETH is currently still under Bitcoin. I think the best coin in cryptocurrency is still held by Bitcoin. 

[goldart]

ETH will be #1 in few years

And after that scenario ETC will surpass ETH smoothly 

lol thx for that chuckle. Needed it

Wait for NEO to reveal itself in its final and superior form. I really do believe NEO is better!

in a few years? Are you kidding? it's hard to catch up with Bitcoin which is still in position 1 and ETH is currently still under Bitcoin. I think the best coin in cryptocurrency is still held by Bitcoin. 

Ethereum today is clearly ahead of most of the other coins, and its future development is still worth watching.
Let's hope for the best.

[ostrovagaly]

I believe that Ethereum is a unique offer on the market, in my opinion, ahead of its competitors, I think that soon we will see even more opportunities of this platform.

[IncludeBeer]

Investors in ETH is very rich now, the prize go up every day.Ethereum is a modular, stateful, Turing-complete contract scripting system married to a blockchain and developed with a philosophy of simplicity, universal accessibility and generalization.

Way to sum it up. Enjoy your post count.

[IncludeBeer]

ETH will be #1 in few years

And after that scenario ETC will surpass ETH smoothly  

lol thx for that chuckle. Needed it

Wait for NEO to reveal itself in its final and superior form. I really do believe NEO is better!

in a few years? Are you kidding? it's hard to catch up with Bitcoin which is still in position 1 and ETH is currently still under Bitcoin. I think the best coin in cryptocurrency is still held by Bitcoin.  

You mean "most valuable coin in crypto". "Best" is a different metric for everyone, but compared to many other blockchains out there (Ethereum included), I don't think we can really say Bitcoin is the "best".  

Once a lot of the regulatory uncertainty around tokens dies down, it will allow institutional $$$ to flow in. It's at this point we'll likely see Ethereum (and likely ~top 100 coins/tokens) truly blossom...given they can scale with the transactions/sec demand at that point.

[AlloM]

Investors in ETH is very rich now, the prize go up every day.Ethereum is a modular, stateful, Turing-complete contract scripting system married to a blockchain and developed with a philosophy of simplicity, universal accessibility and generalization.

The prize go up every day is the best part of this comment. Where it is going up can you lead to this place where that is happening but the charts are showing very horrible result. Maybe this guy translated the original content and can't understand what he write.

[RedRockMining]

NM. Problem solved. Got the latest geth too, now wallet gets initial height and balances remotely then stays sync'd with local geth.

Would be nice if this were documented somewhere. Nothing on github.

[rz20]

Don't know if any of you guys use Jaxx to hold your tokens/coin but there is phishing site up (http://jax-x.com/) so please be careful.

Thanks

[drwoo]

The Binance boss gave an interview where he said that he believes that Ethereum will be too slow even after scaling and he also said that even EOS will be too slow to facilitate a decentralized smart contract platform.

[drwoo]

Without a doubt, ETH needs changes and improvements. Now many people say that it has competitors, but I think that it is difficult for someone to overtake ETH. And I believe that the price will increase.

That is all underway if you check out the latest interviews with the core developers. Once these things are ready and enfold their potential we will see better times.

So it is the good time to accumulate more?

I don't like to make any recommendations to others as I don't know their financial situation and how much they can bear. For me personally I will get some more I think.

[romeox6x]

Suppose in a season from now the purchase price is continuing to grow to an even where in fact the network can support the new ASICs and GPUs again with a lower life expectancy inflation rate. Truthfully, the network is within a good place right now where GPUs and ASICs can coexist for the moment. This is probably ideal even.

[rz20]

The Binance boss gave an interview where he said that he believes that Ethereum will be too slow even after scaling and he also said that even EOS will be too slow to facilitate a decentralized smart contract platform.

I don't think there is any platform which can tackle the scalability issue so far. all chain need is one more kitten game and it will show us how slow it really is.

[wangxiaoyan600]

The further development of Ethereum has attracted the attention of investors throughout the encrypted currency industry, which needs a substantial improvement in the performance of the public chain.

[Japinat]

The further development of Ethereum has attracted the attention of investors throughout the encrypted currency industry, which needs a substantial improvement in the performance of the public chain.

What's vital here is we have an increasing adoption.
The technology is really working but like every technology, there are things that are needed to improve in order to stay competitive.
ETH is next to bitcoin in volume and marketcap, it's a big achievement already and the current price now is so undervalued.

[Hullo]

There is no serious threat for the Ethereum by none. This is my personal opinion seeing the other projects which claimed to replace Ethereum after providing better platforms for ICO's and smart contracts. It is not all about platform but adoption of this level. I won't mention name but well known recently launched projects have to play role in future's economy and that will be fraction of Ethereum in spite of all the hype they create.

[vgk88]

Rthereum as well as the entire market of altcoins is now in the risk zone. I think that the Ethereum can drop to $ 100. Bitcoin now looks stronger than the Ethereum.

[IncludeBeer]

Rthereum as well as the entire market of altcoins is now in the risk zone. I think that the Ethereum can drop to $ 100. Bitcoin now looks stronger than the Ethereum.

Wow, quite pessimistic. You should go put down some Eth in the Augur markets if you feel strongly about it going that low.