Quote from: ae-support on December 18, 2018, 05:01:38 PM

Quote from: Someone_2 on December 18, 2018, 02:32:42 PM

I'm a miner and interested in AE. However, I'm not easily locating alot of information.

1. Was there an ICO?
2. Was there a premine?
3. How much VRAM is needed to mine it?
I don't actually know that I can mine this coin, haven't seen a statement on what hardware is needed. Only that it will run under Ubuntu currently.

Wanted to point out according to the pool stats page posted elsewhere that one single pool has over %90 of the hashrate. Don't want to call this thing a ****coin because I don't like use profanity but this mainnet launch is looking kinda rough so far.

I'm rather intrigued by the Cuckoo algorithm. The only implementation I know of is in GrinCoin and it's supposedly needing over 6 GB of VRAM. Is this using a fork or modded version of it by chance that will take less than 6 GB of VRAM? I haven't seen any GPU requirements. Is it a safe assumption it will run on a Quadro or Titan V? I have seen on Discord that Cuckoo runs horribly on AMD cards but on another project unrelated to this one.

Hey,

Let me try answering your questions:
1. æternity did not do an ICO, it ran a campaign - we are currently in the second phase of migrating the AE ERC-20 token to the AE live-network token.
2. There was no pre-mining, see more here.
3. The best place to find mining (and any other kind of) information is our Forum. Find here GPU memory requirements.

The Roma Release was not an easy task and there was some power concentration for a while due to a number of factors. Initially, Windows mining was not available, nor people could mine using AMD cars. However, those problems are quickly being resolved, many mining improvements are being deployed daily and our dev team is currently preparing a binary of the Windows version of the æternity node. We are persuaded that the mining power will be fairly distributed among all participating pools very soon.

Let us know if you have more questions. Happy mining!
The AE Team

While I appreciate your parsing of the language to appease your securities counsel, It is a bit disingenuous to say you did a campaign rather than an ICO. To answer the question correctly and without being misleading, yes, Aeternity collected funds in a fundraising effort so that they would have the capital to implement their vision, and at the time it was a fairly substantial amount of money collected over 2 separate fundraising time periods. So for the purposes of the question, yes there was an "ICO" in the sense that the team collected money to fund the project and assuming it proceeds accordingly, participants will receive what presumably would be considered a utility token.

Whether or not it passes the Howey test is something that you most likely ran by counsel and I would assume they are helping you to mitigate any potential issues in the future. So I understand your reasoning for phrasing it the way you did.