Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VRC] | VeriCoin | PoS - Dynamic Interest | SMS | ANON
by
Kevondo
on 02/07/2014, 00:59:02 UTC
In case anyone is thinking about veripool (pool.vericoin.info), don't bother it's not worth it. Experimented by pointing a 1Th/s sha-256 miner at it for 24 hours and got $1.50 usd (5.63 vrc) worth of vericoin. Supposedly they mine an anonymous coin and then exchange it for vericoin and split it up in the pool. Whatever the multipool 256 coin was, I found 7 blocks of it, but the return sucked. Someone in another thread alleged that the pool operator may be skimming, so be warned.  Your best bet is to just mine BTC (or whatever else) and then exchange for vericoin.

Also, yes, I know vericoin is a proof of stake coin, I just wanted to test the exchange pool to see what it was like.

I hope you have some kind of proof of your allegations.



He'd need proof for the allegations if he himself was alleging this. He's just telling us what he heard on another thread.

But to the core of his post, as he illustrated, is pretty correct. I've pointed about 25Mh/s Scrypt for almost a half a day and got proportionally, what he's describing.

The Multipool is also STILL IN BETA. Dev's only have so much time and r spending it on implementing other features

They know the pool needs work and will get around to it.

It only went beta a short time ago. It was in Alpha for quite awhile

The multipool has been available and VeriSend-SMS, with anon option,  VeriBit, new wallet releases incorprating these features fullfilled promises they made to the community.

They have also done multiple interviews, arranged with the help of a generous VRC community a PR Firm, raised funds to go to the NABC meeting  in chicago on 19 July. okayed a First edition physical 1 Troy OZ. .99 silver VeriCoin with holgraphic chip that can be used to store VRC.

I can't speak for pnosker but I belive he would tell U the pool is "Raggadey" and he's not happy with it.  But the Dev's have prioritzed things and all will be fine sooner or later.

I don't know how they do it really. All 3 work fulltime jobs. From FaceBook it looks like Effect has a Family. all 3 R constantly present answering question and Squashing FUD"sters, like a bug in their code. All 3 do this with aplomb and pnosker is like a bear protecting the cubs.

So The pool isn't a Ferrari yet it's a Fiesta.  I'm good with that, going down the road with these guys at their speed. I trust their judgements as to where and on what they spend their time

But that's just me...



  CORRECTION: In a more recent post on the subject of the pool pnosker states the pool is still in ALPHA. I was in error here. My apologies.