Search content
Sort by

Showing 11 of 11 results by DoubleU
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
DoubleU
on 05/07/2014, 17:53:08 UTC
With bonus hash power and new profitable coins, looks like I might break-even after all.

Or even *gasp* make some profit...  Grin

The future is not so doom and gloom. Let's hope BTC weakens a bit so we all make more profit from altcoins.

Every little bit helps. No pun intended.  Wink
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RDD] Reddcoin - The Social Currency! New algorithm Proof-of-Stake-Velocity
by
DoubleU
on 02/07/2014, 14:05:23 UTC
RDD is now #3 on mintpal!  Shocked If you post to thisd thread http://www.reddit.com/r/reddCoin/comments/29kipy/mintpal_vote_drive_thread_july_12/

on Reddit they are giving away 5000 RDD per vote! I just got 65,000 RDD just for clicking a button 13 times! Grin Grin Grin

That's much better than faucet sites! I cannot vote yet. How many transactions do I have to do to become a qualified voter?
Post
Topic
Board Announcements (Altcoins)
Re: LATIUM
by
DoubleU
on 27/06/2014, 18:19:21 UTC
I signed up today. Hopefully I haven't missed anything vital!

Is there an online wallet? And would be nice to see Dev's future plans.

-W
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
DoubleU
on 27/06/2014, 16:52:14 UTC
What is the average payout for Auto BTC at 4.75 MHs? On the second day I got 0.011 BTC.
Then it has been around 0.006 BTC since. Profitability seems to diminish drastically!  Huh
That would mean around 300 days until break-even (with no less ROI per day)!!  Shocked
Actually same thing happens with other coins also. Must keep observing before bumping in more hash power.
Which was something I was considering until profitability dropped. I never allocated Auto BTC less than 90%.

https://www.evernote.com/shard/s283/sh/b5243383-ea7c-49aa-b313-0ce3dc56b62b/a75291e51b13fb95e5fb0bcde93c1368/deep/0/https---www.genesis-mining.com-transactions.png

-W
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
DoubleU
on 25/06/2014, 19:22:38 UTC
We are proud to announce the world's first peer-to-peer, end-to-end cloudmining bitcoin lending solution!

We partnered up with BitLendingClub.com to provide world's first and unique solution for risk reduced bitcoin lendings.

If you want to start cloudmining, but don't have the funds, you can now borrow them at BitLendingClub.com and invest into GM's cloudmining contracts right away!
For most secure Lendings on all sides, borrower's funds are used to buy the contract right away. In return, the mining revenues are used to pay off the lending only, until the btc are paid back!

We hope to further enhance the cooperation with BitLendingClub in the future to present you more features and services!
An example for a lending can you find here: https://bitlendingclub.com/loan/browse/lid/1296




So what to keep people from defaulting loans? Most loans don't even have a due date!

-W


Thought I would add this, from GM's Facebook page. This might answer a few thoughts that people might be having.
http://www.cryptoarticles.com/crypto-news/genesis-mining-partners-with-bitlendersclub-borrow-bitcoin-for-scrypt-cloud-hashing-contracts

Well, ok for investing in GM. The rest of the loans are pretty questionable.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RDD] Reddcoin - The Social Currency! New algorithm Proof-of-Stake-Velocity
by
DoubleU
on 25/06/2014, 18:10:18 UTC
Can anyone clarify me on the POSV 5% interests? How would this be paid?

Directly to the wallet monthly or annually?  Huh

And current ETA?

-W
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
DoubleU
on 25/06/2014, 18:03:45 UTC
We are proud to announce the world's first peer-to-peer, end-to-end cloudmining bitcoin lending solution!

We partnered up with BitLendingClub.com to provide world's first and unique solution for risk reduced bitcoin lendings.

If you want to start cloudmining, but don't have the funds, you can now borrow them at BitLendingClub.com and invest into GM's cloudmining contracts right away!
For most secure Lendings on all sides, borrower's funds are used to buy the contract right away. In return, the mining revenues are used to pay off the lending only, until the btc are paid back!

We hope to further enhance the cooperation with BitLendingClub in the future to present you more features and services!
An example for a lending can you find here: https://bitlendingclub.com/loan/browse/lid/1296




So what to keep people from defaulting loans? Most loans don't even have a due date!

-W
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin has a Future, But Maybe Not As a Currency. Do you Agree?
by
DoubleU
on 25/06/2014, 17:28:57 UTC
Well, I'm new to the cryptocoin world. But still much earlier than the general population!

From my own opinion, Bitcoin would not be the default digital currency of the future as there's quite a bit of future for it as a wealth holder i.e. gold as there's a number of issues with the current system for the general mass adoption e.g. no instant transfer. Gold is very good comparison to Bitcoin. A big currency in the past, now retired as assets. Satoshis will definitely worth a sizeable sum with mass adoption Grin. As for the likely candidate of the default digital currency... I cannot yet see one.  Shocked

-W
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
DoubleU
on 24/06/2014, 08:23:08 UTC
The secret is out of the box! We will be adding Darkcoin soon!

Stay tuned for more info!

Dear Genesis staff.

By now it is possible to get the payouts in Darkcoin (converted from other coins). But will it be possible to actually mine them in the near future? Seems to be complicated to bring together scrypt and X11 contracts.

Very good question! Right now we use our trading engine / multi-pool setup so that you can mine Darkcoin in the same way as you can mine Bitcoin. However, we are also investigating to offer native X11 / X13 contracts. We have the hardware and working already on the integration in our backend. For the frontend the main challenge is that we want to keep a clean and simple interface, but we think we found a nice solution. Implementation will take some more time though as our IT team is busy with two other features, which we will hopefully push forward in the next couple of days.

Offering different hashing algorithms in one easy-to-use platform, and accepting many crypto-currencies as a form of payment is our vision.

Happy Mining! Marco (K)



I have a suggestion for you guys. Clean and simple interface is one thing. But I also want to see the progress of my MHs doing its work.
Can you integrate that into the main dashboard? And payout estimate for each coin in MH allocation page would be great also.
I'm sure you can add those functions without cluttering the interface.

-W
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
DoubleU
on 23/06/2014, 17:48:57 UTC
Hi all,

I've been using Genesis Mining for couple of days now. Satisfied so far.
Will put more fiat into MHs when the opportunity allows. Hopefully we get a MH price-drop in the meantime.

-W
Post
Topic
Board Beginners & Help
Re: Remembering all of those passwords without sacrificing security
by
DoubleU
on 23/06/2014, 07:30:11 UTC
Bruteforce use a dictionary of words. So use a password with no words. example {#.#--#.#}_GLLo--->>69 {Mixture of Uppercase and lower case and symbols and numbers}

But as a previous poster said, if you get keylogged, NO password is strong enough. Or if you webcam is not covered, and your keystrokes streamed, via cam and logged, hmmm well you f$%^.

So cover those cams guys and girls.  Grin

I'm curious about keylogging. What happens if you use a password manager? Like, does it just give hackers "CMD+V or CTRL+V"? Auto form filling?

My password generator is currently set for 23 characters. How long until somebody comes up with something to break that?

-W