ANN-EMC2 Einsteinium FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY KMD-dPoW

[HwM]

I switched from HR to P2P. Only 1.8% less payout in the first 24h. The payouts take way longer since P2P is smaller and it takes longer to find blocks but the payouts are waaay bigger since there isn't as much people.
Payout 24h HR 8207emc2
Payout 24h P2P 8078...
First 3h got me scared because I got no payout but then it started to roll in. As long as theres not too high nethash or more people will switch to P2P you're good.

edit: ping to the P2P node you're on is pretty important! Means: If you are EU dont mine on US P2P nodes.

What's your hashrate?

[techbytes]

Start Spreading The Hash Guys

Agreed, this is nothing against hashrapid, but we should be spreading it to different pools. I am on lifeforce and have been doing rather well for a smaller pool.

The only trusted pool I found here on EMC2 was suprnova.cc

OP, why are you asking people to spread out their hash power?  Is one of the pools taking control?

The only trusted pool?  So now there are no trusted pools left is what you are saying?  Maybe we should all solo...  


-tb-

[derbrause]

Once again:

P2Pool is the answer !!!

[akaSam]

Hi Everyone,

Just signed up to post but I've been following this and mining since about 3 days after launch. I'm a big fan of science and therefore I hope this coin does really well. Big news today about the observation of gravity waves; potential for Nobel prizes if that all checks out. But probably not the kind of science in need of funding at this point...

I've only got my old gaming rig with a 5850 to mine with but I'm giving it all I've got (which is about 0.33MH/s). For science!

I'm interested in seeing how the first round of funding goes and what type of science gets chosen. I think someone previously mentioned that it wouldn't be something being commercialised but more towards the research side of things. I understand the foundation is going to provide more guidance on this soon and filter down the nominated projects. Either way I'm keen to see how it all goes. I personally hope our funding goes towards something where it can make a difference. So I guess that counts out things like ITER for now I see a lot of articles come out on research that has the potential to improve life as we know it but it seems to take so long to reach implementation. Hopefully we can speed some of that along.

Some of my favourite topic areas are physics, alternative energy, chemistry, regenerative medicine...

Here are some recent links:
http://phys.org/news/2014-03-bionic-synthetic-nanoparticles-photosynthetic.html
http://phys.org/news/2014-03-nanoscale-optical-miniaturization-barrier.html#nRlv
http://phys.org/news/2014-03-battery-power-next-gen-electric-vehicles.html
http://phys.org/news/2014-01-ultra-high-volumetric-energy-density-lithium-sulfur.html#nRlv

Huge potential there. Are these are the sort of things that might benefit from funding?

Also, if anyone is interested and doesn't know about it there's a facebook group that provides information on science developments (I'm not affiliated, I'm just a fan). it's called "I fxxxing love science" <-- but uses the actual adult word (I'm not sure about the language rules here)

P.S.
I'm planning on joining a P2P pool but I'm not sure about a few things.
1. I'm in Australia and the best latency node is a US one with about 170ms. Is that worthwhile? (I'm not keen on setting up my own node)
2. I've got cgminer 3.7.2 can I just adjust the batch file like so:

Code:

setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1

cgminer --scrypt -I 16 -g 1 -w 128 --lookup-gap 2 --gpu-engine 775 --gpu-memclock 1125 --auto-fan --thread-concurrency 7200 -o stratum+tcp://p2pool.einsteinium.org:41876 -u EXY2zCqc4rXWJ8uS2KqcLtee7N9zAGMitA -p x

Keep my other settings? Or should I not set hardware options?
I don't need a failover? (I think this one is automatic)
There was something about setting a difficulty?

[ottobene]

http://emc.hashrapid.com/ also option

[einsteinium]

Good Morning Einsteinamites,

While all of you were fast asleep the einsteinium team has been hard at work putting the pieces of the puzzle together in the background. We hope to be releasing a promo video in the next day or so, we should be listed on coinwarz any day now, thanks to getting listed on www.poloniex.com We also got listed on Prelude by Moolah https://prelude.io/ as one of the very first coins in their beta lunch. For those of you who don't know Moolah will be the next bitpay so keep an eye open for some future announcements.  


Were speaking to some interested buyers who are looking to purchase the coins from this epoch.

We'll be selling approx 375K EMC2. Were obviously looking for a good price and to not tank the market. These coins are going to fund science so every penny counts my friends.

If you are interested in making an offer on the coins fell free to contact me personally via PM to discuss a possible arrangement.

Happy Mining!

[Timespace]

Hey AkaSam. 170 ms isn't too high to enjoy p2pool. The general rule is you want your reject rate/doa (dead on arrival) to be lower than the global pool. Essentially that means you will not be docked any penalties for having too many rejects. If it gets too high, higher than the global rate, then you may see reduced payouts.

You can see your reject rate on the p2pool node you are using. You may want to set up a failover type --failover-only after each pool you enter. Each pool needs a -o -u and -p. hopefully this makes sense.

As far as difficulty. I do quick math and take what each of my cards can hit kh/s wise, and multiply it by 0.00000116 so at 295 kh/s I get  0.0003422. Your card can hit 330, great job hitting that by the way! So you would get 0.0003828. Now take that number and add it to the end of your emc2 address you use as the username or -u. So it looks like this "emc2addressblahblahsojdjRandom+0.0003828" set -p to anything.  Then as long as your -o is correct, you are good to go.

That just smooths out the numbers a bit, and keeps you from getting higher difficulties than your card can easily handle. I read everywhere that it may have no effect on payout, but in general I feel like I get paying shares in quicker which is better.

Hope this helps! Science rules!

[kulin3422]

This will lower the price a lot.

[derbrause]

This will lower the price a lot.

"(...)We'll be selling approx 375K EMC2. Were obviously looking for a good price and to not tank the market.(...)"

I think it will raise the value as the awareness by publicity will hit :-)

[Timespace]

Here are my personal thoughts, so take them with some salt.

It may be difficult to sell 375k emc2 all at once. There is not enough volume in trading to make the sale happen in less than 2 days right now. I would love to get in on the sale, but I don't have much buying power currently. Also, I am afraid dumping that much would have a generally negative impact especially if buyers know it is coming.

When I think about the proposition if the winner may want to take the emc2 or what the emc2 is worth, it makes sense to me.  If they want the emc2 they get a chance to use whatever shops/services (coming soon I hope!) or exchanges to convert either into bitcoin, or fiat. And if they choose not to, then they should be funded the money at an agreed rate, but the devs get to hold onto the emc2 that would have been sent. They can hold this emc2 until the price rises and use the difference to make up for the fiat cost, and have extra to put towards funding Einsteinium. This may not work, and certainly isn't perfect, but being open about it is the best way. Maybe have the funds made public so that we can all see the smart choices made by the devs.

I am probably way off base and this is marketing emc2 and not the winnings. Or some other amount. Either way, this sale should be made public. That way people can get a good understanding of the value of Einsteinium. The buyer should be generous enough to maybe take more than market price because it is such a large volume at this current state and anything below or even at market value may move the market into a downtrend. I have no experience with this, just my personal thoughts!

By the way, I love what Moolah has done, and I am filled with joy to see him adopting Emc2 into his projects!

[derbrause]

We need to make this thunderclap happen.

https://www.thunderclap.it/projects/9608-einsteinium-currency-science?locale=en

everyone get at least one friend to support it, ok? :-)

[Timespace]

We need to make this thunderclap happen.

https://www.thunderclap.it/projects/9608-einsteinium-currency-science?locale=en

everyone get at least one friend to support it, ok? :-)

Posted on /r/dogecoin to get more support. Up vote if you can for visibility. Hopefully it is within /r/dogecoin guidelines. Says advertising is frowned upon, but if it can get say a few more people to support it, I am not spamming and I said it in a kind way.

 http://www.reddit.com/r/dogecoin/comments/20pwh4/guys_emc2_needs_your_help/

[soilworker]

I switched my workers from Suprnova to Lifeforce and the results are:

Wormhole event has started or Suprnova is definitely stealing our Einsteinium mates..

Thats what we are talking about since days...they are stealing a lot!

[ocminer]

I switched my workers from Suprnova to Lifeforce and the results are:

Wormhole event has started or Suprnova is definitely stealing our Einsteinium mates..

Thats what we are talking about since days...they are stealing a lot!

I really wonder who's behind this FUD campain here

I am mining myself @ suprnova and talked to others who were also mining at hash rapid (and others) and they told me its mostly the same on every pool, like with every coin..

If you guys beliebe one pool is stealing, simply switch to another one or, even better, to p2pool

[akaSam]

Hey AkaSam. 170 ms isn't too high to enjoy p2pool. The general rule is you want your reject rate/doa (dead on arrival) to be lower than the global pool. Essentially that means you will not be docked any penalties for having too many rejects. If it gets too high, higher than the global rate, then you may see reduced payouts.

You can see your reject rate on the p2pool node you are using. You may want to set up a failover type --failover-only after each pool you enter. Each pool needs a -o -u and -p. hopefully this makes sense.

As far as difficulty. I do quick math and take what each of my cards can hit kh/s wise, and multiply it by 0.00000116 so at 295 kh/s I get  0.0003422. Your card can hit 330, great job hitting that by the way! So you would get 0.0003828. Now take that number and add it to the end of your emc2 address you use as the username or -u. So it looks like this "emc2addressblahblahsojdjRandom+0.0003828" set -p to anything.  Then as long as your -o is correct, you are good to go.

That just smooths out the numbers a bit, and keeps you from getting higher difficulties than your card can easily handle. I read everywhere that it may have no effect on payout, but in general I feel like I get paying shares in quicker which is better.

Hope this helps! Science rules!

Yes, thanks! That's exactly what I was after to get going.
I did get my card upward of 350 at one point but I was getting HW errors and random crashes. Lost quite a few days of mining that way since I don't get to monitor it often enough. So I've gradually scaled it back and hopefully it will remain more stable.

I'm about to fire up the p2pool connection. Then off to bed. Hopefully it goes well.

Thanks again for the help,
Sam

[praxiscat]

Hi Everyone,

Just signed up to post but I've been following this and mining since about 3 days after launch. I'm a big fan of science and therefore I hope this coin does really well. Big news today about the observation of gravity waves; potential for Nobel prizes if that all checks out. But probably not the kind of science in need of funding at this point...

I've only got my old gaming rig with a 5850 to mine with but I'm giving it all I've got (which is about 0.33MH/s). For science!

I'm interested in seeing how the first round of funding goes and what type of science gets chosen. I think someone previously mentioned that it wouldn't be something being commercialised but more towards the research side of things. I understand the foundation is going to provide more guidance on this soon and filter down the nominated projects. Either way I'm keen to see how it all goes. I personally hope our funding goes towards something where it can make a difference. So I guess that counts out things like ITER for now I see a lot of articles come out on research that has the potential to improve life as we know it but it seems to take so long to reach implementation. Hopefully we can speed some of that along.

Some of my favourite topic areas are physics, alternative energy, chemistry, regenerative medicine...

Here are some recent links:
http://phys.org/news/2014-03-bionic-synthetic-nanoparticles-photosynthetic.html
http://phys.org/news/2014-03-nanoscale-optical-miniaturization-barrier.html#nRlv
http://phys.org/news/2014-03-battery-power-next-gen-electric-vehicles.html
http://phys.org/news/2014-01-ultra-high-volumetric-energy-density-lithium-sulfur.html#nRlv

Huge potential there. Are these are the sort of things that might benefit from funding?

Also, if anyone is interested and doesn't know about it there's a facebook group that provides information on science developments (I'm not affiliated, I'm just a fan). it's called "I fxxxing love science" <-- but uses the actual adult word (I'm not sure about the language rules here)

P.S.
I'm planning on joining a P2P pool but I'm not sure about a few things.
1. I'm in Australia and the best latency node is a US one with about 170ms. Is that worthwhile? (I'm not keen on setting up my own node)
2. I've got cgminer 3.7.2 can I just adjust the batch file like so:

Code:

setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1

cgminer --scrypt -I 16 -g 1 -w 128 --lookup-gap 2 --gpu-engine 775 --gpu-memclock 1125 --auto-fan --thread-concurrency 7200 -o stratum+tcp://p2pool.einsteinium.org:41876 -u EXY2zCqc4rXWJ8uS2KqcLtee7N9zAGMitA -p x

Keep my other settings? Or should I not set hardware options?
I don't need a failover? (I think this one is automatic)
There was something about setting a difficulty?

Ultimately which project gets funded gets down to a community vote. There was both an alternative energy project and a molecular bio project which were nominated in this round, so if that is what you want to get the award vote! We will have updated guidelines on epoch 2 which will be more refined.

[einsteinium]

We need to make this thunderclap happen.

https://www.thunderclap.it/projects/9608-einsteinium-currency-science?locale=en

everyone get at least one friend to support it, ok? :-)

Posted on /r/dogecoin to get more support. Up vote if you can for visibility. Hopefully it is within /r/dogecoin guidelines. Says advertising is frowned upon, but if it can get say a few more people to support it, I am not spamming and I said it in a kind way.

 http://www.reddit.com/r/dogecoin/comments/20pwh4/guys_emc2_needs_your_help/

That was very nice of you! Please post an EMC2 address and I'll shoot you over some good karma.

Thank you and keep up the good work.

[buddynuno]

Hey guys,

Look at the great latest news that we could use to promote EMC2 and also maybe create some wave of support for the candidate to win the Nobel Prize!

http://www.nature.com/news/telescope-captures-view-of-gravitational-waves-1.14876

"The fact that inflation, a quantum phenomenon, produced gravitational waves demonstrates that gravity has a quantum nature just like the other known fundamental forces of nature, experts say. Moreover, it provides a window into interactions much more energetic than are accessible in any laboratory experiment. In addition, the way that the team confirmed inflation is itself of major significance: it is the most direct evidence yet that gravitational waves — a key but elusive prediction of Albert Einstein’s general theory of relativity — exist."

Best

[Mikers]

We'll be selling approx 375K EMC2. Were obviously looking for a good price and to not tank the market. These coins are going to fund science so every penny counts my friends.

If you are interested in making an offer on the coins fell free to contact me personally via PM to discuss a possible arrangement.

I'm prepared to buy all 375k. My offer is 1 btc.

[Kreativekrypto]

I wanted to let everyone who may not have realized how amazing and essential as a currency Moolah is. As part of the dev team and marketing side of this coin it was essential I help Einsteinium gain real world use.

Moolah is going to be releasing a browser extension called digipay, this is nothing short of amazing. Imagine you are on Amazon or newegg and you had the choice to pay for goods with Einsteinium.... With Moolah's digipay you can.

Einsteinium is coming to a major boost in real world use. I ask everyone to look into these features and support Moolah and their options as it will benefit our coin as well.

Lastly a public reminder, your dev team is over 8 people strong, we are doing everything we can to build the foundation for EMC2. A gentle reminder, we are only 8, it is up to the community to truly push and build adoption.

Thank you all for your support, let's continue to work towards a world that encourages both science and decentralized currency. Many coins will come and go, we are here for the long haul.