Search content
Sort by

Showing 20 of 96 results by rwessels
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] Looq - Decentralized Virtual Reality Platform (75% BONUS ACTIVE)
by
rwessels
on 04/09/2017, 00:59:19 UTC
I was thinking of investing today while the 75 percent bonus is active.  But I see some inconsistencies on the ANN, website, and whitepaper.  For example, whitepaper says no minimum Eth level is to be reached, but on the website it says 4000?

I see a partnership with STEAM, but no other details?  Does anyone have any more info on this?  And readin through the ANN, it seems like the team is not responding. 

So, why should people give eth if there is no active communication from team?  They have a marketing manager according to the website . .

Not trying to be difficult, but if you want my Eth I need some more information.

I totally agree. The team is not really responsive. All the questions raised in the subreddit remained unanswered: https://www.reddit.com/r/Looq/

Does anyone know, how many coins the development will take? There seems to be no information about this.

"There are no limits to our crowdsale, no minimums to enter, and there is no minimum target to hit."
If you take this statement into account, the team could just take as many coins as they want.

Edit: Don't get me wrong, I really found the concept intriguing. However, I am missing a lot of important information, before investing some ETH. Hopefully, the developers can address some of the questions.

Please take a look at my answer above, and please let us know if there are any other questions you may have.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] Looq - Decentralized Virtual Reality Platform (75% BONUS ACTIVE)
by
rwessels
on 04/09/2017, 00:57:56 UTC
I was thinking of investing today while the 75 percent bonus is active.  But I see some inconsistencies on the ANN, website, and whitepaper.  For example, whitepaper says no minimum Eth level is to be reached, but on the website it says 4000?

I see a partnership with STEAM, but no other details?  Does anyone have any more info on this?  And readin through the ANN, it seems like the team is not responding. 

So, why should people give eth if there is no active communication from team?  They have a marketing manager according to the website . .

Not trying to be difficult, but if you want my Eth I need some more information.

Hey there.

Our soft target we would like to reach is 4000 ETH.

However the platform is still being developed whether or not we reach that soft target.

Most of the funds earned through the ICO are going to be spent towards marketing efforts, as that was the true reason for starting this token sale.

We are not trying to keep you from that information, however as usual, there are many small details that are overlooked to people involved with the project.

We apologize for not being more accurate with the details, and we hope that we still have your continued support.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] Looq - Decentralized Virtual Reality Platform (75% BONUS ACTIVE)
by
rwessels
on 02/09/2017, 15:26:03 UTC
113.75306272 for 0.355478321 Ether is that correct ??

I received 320 LOQ for 1 ETH, same ratio as you, but massively short of advertised "1 ETH = 4500 LOQ + Bonuses"

Any insider here that can explain that?

The remainder will be sent to you once the bonuses are calculated at the end of the ICO period.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] Looq - Decentralized Virtual Reality Platform (ICO ENDS IN 5 DAYS)
by
rwessels
on 19/08/2017, 16:40:29 UTC
i am so interested in this project.
What happen when minimum target not reached???
will all fund be refunded???
plz tell me team.

The funds are going towards advertising efforts after the platform is launched.  I am not affiliated with the team, was told to post this however.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] Looq - Decentralized Virtual Reality Platform (ICO ENDS IN 5 DAYS)
by
rwessels
on 18/08/2017, 07:41:07 UTC
Thinking about investment, but I couldn't find on your website (https://looq.io/), how many tokens you already sold? Does it open information?

Hey Unicornbay, you can see our contribution amount that we've already raised in the Token Information section.

320 LOQ = 1 ETH
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] Looq - Decentralized Virtual Reality Platform (ICO ENDS IN 5 DAYS)
by
rwessels
on 18/08/2017, 07:37:45 UTC
Other than other curencies I have, I only have 1 BTC but I can throw a little in since this seems like a decent idea

I know Im super late to the party but someone fill me in as to what I should be doing here

it's not late to join in ,there is 5 days ,there is  enough time to collect btc

devs not care. they maybe abandon the project. devs never post here. they answer email one time and say they have problem with advertiser, then they not answer email again.

so much disorganize on this looq team. its very unprofessional

We're right here, feel free to answer any questions you may have about the project.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] Looq - Decentralized Virtual Reality Platform (ICO ENDS IN 5 DAYS)
by
rwessels
on 18/08/2017, 01:00:27 UTC
White paper link?

Nobody answered me the last time I postd here

Any help would be awesome

Check the homepage, it is in the beginning, there is a section dedicated to all of our Whitepapers including the translated ones.
Post
Topic
Board Announcements (Altcoins)
[ANN][ICO] Looq - Decentralized Virtual Reality Platform (75% BONUS ACTIVE)
by
rwessels
on 06/08/2017, 20:46:33 UTC
Website • Whitepaper • Subreddit






0x5b5750f5a140f4780ef59e33597e073d4a8d3adb

Post
Topic
Board Pools (Altcoins)
Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com
by
rwessels
on 27/02/2014, 00:30:28 UTC
Strange, I am seeing the same thing.  I have a new transaction that already has 4 confirmations, but the prior transaction - over 2 hours ago, still has zero.  Unfortunately the one with zero confirmations is .11 BTC, almost half a day's mining revenue for me.

Is it usual for payouts to not get a single confirmation after 1 hour + ?

Yes. Relax. Or at least do some reading. If you click on TX id at the end of your user stat page you can read the following:

Size   34342 (bytes)
Received Time   2014-02-26 22:00:50
Estimated Confirmation Time    Within 6 Blocks (Medium Priority)

This is just the first time I have not seen at least a single confirmation in the first hour, so I figured I would ask.  I am kind of new to the crypto scene, and even more so to this pool, so thanks for giving this noob a straight answer. 

Heck of allot more comfortable here already than over at middlecoin.   

 Grin

Post
Topic
Board Pools (Altcoins)
Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com
by
rwessels
on 21/02/2014, 06:04:44 UTC
I was on middlecoin from the start up until Max came out and I never had rejects over 5%.  I assume that is because the newer more profitable low diff coins couldn't handle the volume of MC so we didn't have the low diff reject issue.

What I am concerned with is comparing apples to oranges - reject rate needs to be taken into account when comparing profitability.

I do wish Terk would take down that announcement that the Rejects issue is resolved. It clearly is not! Pool rejects continue to bounce around way over the normal 2-3%. I've had (brief but seemingly valid) periods of almost 0 rejects, but 10-15% is typical and in the last 10 minutes I'm running over 31% rejects! I've tweaked and tweaked settings to no avail, it is jumping around due to something on the server end. It's making me pine for Middlecoin, which is ridiculous...  Roll Eyes

5-15% is typical.  Depends on what coin is being mined.  Avg on middle is 7-10%, again depending on what coin is being mined.
Post
Topic
Board Pools (Altcoins)
Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com
by
rwessels
on 20/02/2014, 22:22:06 UTC
If you have 10 MH/s and are getting 30% rejects, the system shows you are 7 MH/s.  When these rates of BTC per MH/s are being quoted, are they on accepted MH/s or the total MH/s?  If it does not include reject %, and say waffle is only 10% rejects, then waffle is the better pool.

Can someone explain to me how CleverMining is getting so many rejects considering its hash power has gone up significantly? Its a problem with Terks code it seems. Considering Waffle had 1GH last week and there was amost less than 1% of rejects. I am tired of seeing the phrase its normal, its not.
there is no need to worry about rejects as far as you get high profit:
waffel 0.0093
clever 0.011
I'm running 5mh/s on clever and I have this - "Last 24h Profits   0.05380326 BTC"
so it's really close to  0.011 per mh/s per day and I'm pretty happy with that
Post
Topic
Board Pools (Altcoins)
Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com
by
rwessels
on 11/02/2014, 18:34:06 UTC
I am not sure why people are so obsessed with vardiff.  Changing the difficulty of submitted shares does nothing to find blocks faster or slower.  I was fine at middlecoin with diffs of 1024.  The pool doesn't get paid by shares, it gets paid by blocks.  I just like the website here better.
Post
Topic
Board Mining (Altcoins)
Re: Is CPU Cloud Mining worth it?
by
rwessels
on 11/02/2014, 04:43:29 UTC
Even if you have the hardware already, it is a risk based on power costs.  My 27 dual processor quad core servers are sitting powered off right now.  The only reason to cloud mine is if you want to take a gamble on a brand new CPU only coin before it hits an exchange.
Post
Topic
Board Mining (Altcoins)
Re: Max mining with cgminer, the dev is stealing your hashes (after switching)
by
rwessels
on 11/02/2014, 04:41:33 UTC
Apparently you don't realize that it is a different mining algorithm and you cannot compare speeds between the two.  Also notice you are getting Mega Hashes on MaxCoin instead of Kilo Hashes on Litecoin.

Why are people so quick to declare a scam?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MAX] MaxCoin - Alive and Kickin'
by
rwessels
on 09/02/2014, 01:34:27 UTC
You could have 100 PC's CPU Mining, but you will never find a block.  This was a GPU coin.  I was doing 300-400K per CPU when it came out.  I now do 320M (note M not K) per video card.  So when video cards are 1,000 times as effective as CPU's, CPU miners never had a chance.

Hey guys,

i've been cpumining two days now with 5 PC, but they all show zero balance although everything seems running, what could that be?  Huh

Cheers
Post
Topic
Board Pools (Altcoins)
Re: [ANN] 1GH.COM - MMC / PTS / MAXCOIN Pool
by
rwessels
on 08/02/2014, 18:33:03 UTC
Looks like it is down now, but I was having the same problem.  Although my shares were accepted, it took over a half an hour to "ramp up" on the website.  Even after it hit it's peak, I was about 50% less on the site than what cgminer reported.
Post
Topic
Board Pools (Altcoins)
Re: [ANN] 1GH.COM - MMC / PTS / MAXCOIN Pool
by
rwessels
on 08/02/2014, 16:47:47 UTC
I guess the answer is about 15 minutes.  My MH is slowing being added in.

I have 39 GPU's directed to 1GH.COM all pointing to (double checked), my MCXNOW wallet address.  There have been 11 blocks found since I started but the stats aren't showing anything under my address either on the main page or my stats page.  How long do you have to wait?

http://max.1gh.com/user?wallet=mTD2NHrwnGCuGrQbfDE7Ph2NZ55FAEcY7Z

Post
Topic
Board Pools (Altcoins)
Re: [ANN] 1GH.COM - MMC / PTS / MAXCOIN Pool
by
rwessels
on 08/02/2014, 16:43:35 UTC
I have 39 GPU's directed to 1GH.COM all pointing to (double checked), my MCXNOW wallet address.  There have been 11 blocks found since I started but the stats aren't showing anything under my address either on the main page or my stats page.  How long do you have to wait?

http://max.1gh.com/user?wallet=mTD2NHrwnGCuGrQbfDE7Ph2NZ55FAEcY7Z
Post
Topic
Board Mining (Altcoins)
Re: What makes a coin's mining profitability change so often besides exchange rates?
by
rwessels
on 06/02/2014, 18:29:31 UTC
Most coins will automatically adjust difficulty up and down.  There were a few that didn't adjust down quick enough and when miners stopped mining them as much, it became almost impossible to get to the next adjustment and they eventually just died or were hard forked.  With huge multi-coin pools, many coins adjust in huge swings multiple times a day.
Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
rwessels
on 04/02/2014, 03:38:19 UTC
sigh.... 3 shitty days in a row.  But after a really good one.