How useful is the project? How is it different from the others except CPU mining? This difference is not enough to attract investors
It is ASIC and GPU mining resistant. Meaning that the core of coins will not be mined by a single entity with tons of money. The idea of blockchain based currency, in the eyes of many, is one that is decentralized. ASIC and gpu farms completely nullify the idea of decentralized. After a certain amount of time they are the only ones able to gain the currency, once the difficulty reaches a certain level. It is a ticking timebomb to decentralization once that difficulty is reached. Guess who owns the big farms?
Anyways many other coins are gpu and ASIC resistant, but this one is brand new and we are on the ground floor. If the devs show that this coin can be worth something, i will stick with it. If not, ill liquidate(if possible) and move on. hopefully this one is THE one
Are the rewards the same if i use one of your pools compared to the main pool? I have three i7s running on main pool right now, im looking for highest rewards.
I have been mining ELI for two hours and my wallet has 1.63871000 ELI
the pool hasnt payed for over an hour.
I have been mining ELI for two hours and my wallet has 1.63871000 ELI
the pool hasnt payed for over an hour.
i'm mining here https://pool.coin-miners.info
now i have 2.5 on my wallet with 300h/s on core i5
pool said: Payouts are made automatically every 0.5 hours for all balances above 0.01, or 0.001 on Sunday.
The dev has stated that this pool is not verified. I dont know what that is worth
The entire ELIcoin system went down a few times for 20ish minutes during the past 4 hours..
Ill switch to the other pool with one worker and see what happens