Post
Topic
Board Announcements (Altcoins)
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
by
solex
on 27/03/2014, 19:29:11 UTC
the "icelander should cpu-mine idea" is a drop in the bucket, I think. not enough hashing power.

paying for scrypt hashing power could work (either outright or using bounties for pools to find blocks < 5400).

The problem is: we're driving away the icelandic noobs who must think this coin is broken (which it is... confirmation times in the range of days can be called "broken", like banking system) or this crypto-stuff just doesn't work.. must be a fad.


Giving a bounty for pools founding blocks will just spark another ddos war, not a great idea

You are right. We would have to pay bounty only for blocks 5382, 5383, 5392, 5393, 5394, 5395, 5396, 5397, 5398 and 5399, not the ones that will have low difficulty. They will mine 5384 through 5393 in no time anyways. Would that work?


A major mining pool will focus their hashing power on these blocks if they are fully compensated, and their customers get normal payouts. AUR is currently only about 40% as profitable as the best alt coin, so it would take about 0.5 BTC per block to get these blocks mined.
This is a crucial time for AUR so it would seem to be a good idea. Balduro, please PM me if you want to communicate to the pool owner directly.