Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)

The fact is, something like 10% of the bitcoin network jumped over to mine it. I don't think they were expecting that, and I don't think any coin could support that much right away without any hiccups. (Have any other alts had that much power at launch and managed fine?)

No, dozens of other coins have experienced similar growth with no problems and many of them included new/experimental features unlike paycoin.

Source, please? Or at least specifics so I can look it up myself? I'm not particularly interested in looking up 200 coins right now to figure out which one you're talking about.

Pick any successful mineable coin and chances are they've experienced rapid growth at some point.

How many times do GAW things need to break because they are "too successful" before you realize it's all BS?

This has to be the ~10th time he's used that excuse.

Looking at https://bitinfocharts.com/comparison/hashrate-ppc.html, it's never gone above 2 petahash (I'm assuming Q is P there?) Paycoin was at 100 Ph/s if I remember, so there's no comparison. There's a difference between a huge spike to 1Ph/s and a spike to 100Ph/s.

that cant be trusted. 100 petahash is impossible. bitcoin and other sha alts didnt diminish in hashing power enough to make that value. there were posts showing their calcs were based on was it last 5 blocks or something? a coin dev basically showed the wild swinging figures werent to be trusted due to the frankencode changes.
it was drastically up and down in short bursts.... people dont switch gear pool to pool every 5 mins. there wasnt enough news and talk on crypto forums to back the fact everyone was switching their sha mining in excitement.

its another false hype.

Can you source accurate hashrate then? And you just gave a good explanation for why the numbers would be wrong, so I wouldn't fault them for giving the wrong numbers (I think the 100 ph was from a tweet of josh, so it may have been rushed and not accurate then?)

Quote from: jh7phone on December 29, 2014, 06:48:19 AM

Quote from: ikeboy on December 29, 2014, 06:41:48 AM

Btw I confirmed on irc (#coin-swap) that gaw bought coin-swap, there might be an announcement tomorrow. The only other good one is cryptsy and the deposits take forever for me, and also they don't show you the full orderbook, which makes me unhappy.

Thanks for the notice, I just removed all my coins from coin-swap.

Good to know someone appreciates me