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Board Announcements (Altcoins)
Re: [CHAN] ChanCoin - Meme-Powered Crypto for Imageboards
by
gossamer_socks
on 15/02/2018, 01:21:53 UTC
An update regarding the algo switch to Cloverhash -

Thanks to multipools mining Chancoin before the algo switch, the difficulty at midnight UTC on the 14th was above 3k - meaning it'll take a pretty significant amount of CPU power to find the first Cloverhash block. We're working on an sgminer implementation and several devs have come forward and offered to assist - there is currently a 7500 CHAN bounty on a complete GPU miner implementation of Clovehash, open-sourced on our github org. Should multiple people work together to make one (which looks likely) we'll do our best to make sure rewards are distributed equitably among those who contributed - but I can't promise 7.5k CHAN to an unknown number of people :^^^^)

Anyhow, we're currently trying to crack the first block - there may be some issues with the current cpuminer implementation as well - I'll let Name 1856 - who is our head wallet developer - go into details as his time allows.

Meanwhile, please jump onto our official discord (listed in the first post of this thread) if you would like to assist or would like more info.

As always, thanks for all the support of our project as well as your patience. Thanks also for overlooking the brevity of this update. Questions are welcome.

Gossamer