Quote from: Coin-Moron on August 16, 2014, 10:20:35 PM

Quote from: coinsolidation on August 16, 2014, 09:50:08 PM

Quote from: Coin-Moron on August 16, 2014, 09:36:57 PM

Is there a multipool that pays out BTM?

Not that I know of

Gpu mining is awful.
Glad to see a responsible Dev.
Cheers

Just to be certain of your meaning, and in case the GPU question arises again

Quote from: coinsolidation on July 22, 2014, 11:11:27 AM

Quote from: sammy007 on July 22, 2014, 10:43:05 AM

GPU miners can't mine it fairly, it's impossible, arguments there in wiki ain't make GPU owners to mine it. Lots of Titans will land on this coin and in a week expect incredible difficulty. You have to make it at least scrypt-n, so home miners can win several months. This is it. Good luck.

GPU miners can mine Bitmark fairly, you will receive an amount of BTM according to how much hashrate you commit to securing the networking for it's users.

Mining is a service offered, not a money printing machine. If you offer a less efficient service that is not as beneficial to the users then your service will not generate as much revenue.

Technology progresses over time, GPU miners made CPU miners redundant, ASICs make GPUs redundant. You keep up or you fall behind.

I am the developer, I do not have an asic, I cannot mine the coin I created. When I can I will buy an asic to do so, and if I want to sooner I will hire one, or later buy some BTM, but that is speculation on my part.

My service is not mining, my service is developing. If your service is mining then treat it as a business and upgrade your hardware, or target your service at people who require gpu hashing to secure their network.

Bitmark's focus is on it's users, the decision to use scrypt is in their best interests, to keep their network reliable and secure.

For the sake of interest, the last person to ask about GPU mining above, sammy007, has been on the network since, and in IRC every day

One approach for GPU miners who seek to get more BTM than their hashrate allows, is to use a different multipool to get BTC, then move BTC in to BTM, or ask for the development of a multipool which pays out BTM.

Personally I'd rather encourage stable miners who support the Bitmark network through high hashrates and low, they will have the lowest average production cost of anybody, and reap the most rewards long term.

In the near future you will also be able to automate the multipool process through the IPM Pool, you could set an exit BTC address to be the input address at the IPM Pool, and convert to BTM this way. Or perhaps you could be one of the BTC paid miners for the IPM, where you have all your running costs for 32 hours paid in BTC, and mine for the IPM for 24 hours with all BTM going to the investors, then 8 hours for yourself for free, taking profit in BTM.

We have tried hard to balance the needs of all parties.