Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread
by
coinrudar
on 19/02/2014, 23:42:07 UTC
Moonmoon - Dont listen to these people who seem to fail to realize what it takes to build out this style of program. I would not be surprised to hear you say you've doubled the code count if not tripled it by the time the final wallet launches.

I am a professional QA tester and have lead many teams primarily in the gaming industry. I've worked on prelaunch titles for Kinect and Xbox One and have managed multiple groups of people. With my background and knowledge, i would MUCH rather you continue to iron out the wallet and make it as stable as possible and also make it so that its stable for the implementation of new apps.

^ THIS alone will be one of the BIGGEST reason a community dev will want to move over to PRT and program on it. No dev will want to create an app on a system that barely functions and crashes most of the time. The second thing that will bring them to this will be the fact that they can create their apps and distribute them.

Don't listen to these so called investors who invested "thousands" into the coin. They will be kicking them selves thinking wtf did i do? Why did i sell on JUST RUMORS. We are not a penny stock, we are not here to pump and dump this coin, we are here for the long haul and are here to have a coin that is valuable and a big player in the cryptocurrency movement.

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I'm sorry investors for saying this, however MINERS are the SOLE reason your fucking transactions go through. Without us, you have a coin that is valued at nothing because you can't fucking get one coin from your wallet to another wallet. WE VALIDATE YOUR GOD DAMN TRANSACTIONS
It angers me quite a lot when investors of a coin fail to realize how important, we miners, truly are. Higher network hash rates = security of YOUR INVESTED COINS.

At times i've put my whole mining operation on this coin. That is over ~43MH/s on the network. As such i have to be somewhat profitable to keep my operation going since i currently have no job and no source of income. That said, i've left 20Mh/s on the coin and moved the rest ~23Mh/s over to other coins for the next few weeks to be able to fucking pay for my electricity. I would love to see an investor try and run a operation that totals ~43Mh/s AND be unemployed AND try to cover expenses of your operation. This coin has a bright future, however the investors are short sighted and do not realize that mining does cost money not just to purchase hardware but to also operate. I think investors fail to realize we miners(i am a small timer) have to actually purchase hardware and put time and effort into keeping these things going more so than saying "this coin looks good, im going to buy it with BTC". You fucking press a few buttons on a computer and you are apart of the community coin rather than spending hours building out your rigs, monitoring them each day making sure temps are safe and stable and your hash rates are not suffering due to some unknown cause.

If your going to throw math on the table, then i shall do so as well to show YOU - investors who think miners aren't that important and investors are more important - how much it really costs to operate my single small scale mining operation.

1 rig = 1.6Mh/s =  43Mh/s total
1 rig = 950W(not including anything other than the mining hardware alone - mobo,cpu, gpu's, PSU - Does not include cooling)
43 / 1.6 = 26.875 - I actually have 27 rigs running
27 * 950W = 25,650W EVERY FUCKING HOUR
25,650W = 25.65kWh
25.65 * 24hrs = 615.6kW per 24hours
615.6kW * .12c = $73.872

It costs me $74 per 24hours to operate my small operation. That doesn't seem like much however multiply that by 365 days for the year that equals out to be $27,010 jsut to power the units themselves. This does NOT include cool of the units which during summer can double the costs at times. This also does not account for the 15hours a week i put in to maintaining my setup, keeping the units clean and dust free and also expenses that arise such as needing new motherboards or a new cable or a single zip tie.

With that being said, i could easily make double what my costs are if i strictly mine LTC, however i do not do this because I SEE a bright future in this coin however mining something that does NOT pay for your electricity alone is not worth my time and from a business standpoint, this is what causes companies to go bankrupt and fucking fall to the ground. You can not keep paying out of pocket to keep the company afloat just because someone else wants to do things 1 way regardless of how it affects everyone else.

When you have no income and solely rely on the money you have in the savings, it is hard to justify dedicating your operation to a coin that does not even pay enough to cover electricity. I'm sorry for all you investors who wanted a 10 fold return in a few weeks, however you have to be patient, and NOTHING is worth your investment if you expect to return that much. You might as well give your money to the penny stock pushers as the returns of such are always followed up by a major crash due to the "pump and dump".

Again, i dont intend to be a dick, or a jackass, or rude, however you must think about the long term value of Particle Coin. Moonmoon did not propose increasing the coin count, simply increase block rewards. The increase of the coin count would make ME leave this coin all together as right now we dont have the support to do this. DOGE coin got away with increasing coin count due to the large flow of people on the coin.

Increasing block rewards will solely draw more users to the mining side of the coin which in turn will increase the total hash rate. The increase of hash rate will mean that your transactions will be validated and processed and give better security and less of a worry about a large botnet moving in and starting to manipulate your trades.

With the increased network hashrate, youll see an increase in difficulty which means that the miners will receive more per block, but will take longer to complete that block - in turn its about equal to where we are now.

Most of the investors commenting are saying its "its stupid", "i dont liek this idea", "this is bad" but fail to realize they aren't being helpful at all by saying this. You are just adding spam to the thread and not offering any solution to what we should do to keep miners around.

I AM STAYING WITH THIS COIN AND THERE WILL ALWAYS BE SOME OF MY MINERS ON THE NETWORK REGARDLESS OF PRICE This coin has a bright future and because you've "lost faith" in this coin and sold your entire stash - I want to personally shake your hand and say THANK YOU, you've sold to me at a wonderfully cheap price and your beautiful Particle's will now live well in my wallet. So Thank YOU!

wow man, I think you just wrote our Bible, Quran, Hymn, Constitution, Code of honor, Feng shui and User manual for Particle Smiley
I've had some respect for you from your previous posts, but now - hats off to the ground Chowdan! Be sure to contact me if you come to my part of the world - whatever you drink is on me Smiley