NSF Update

Very quiet 12 hours, we have not been active at all, so the recent range-bound trading is pure supply/demand.

Today's Coin Agenda May 13, 2014

-WorldCoinIndex has stated it will list NAUT...hopefully today
-Coinmarketcap - I will reach out...again
-MAC/OSX Wallet - we have dev working on it and I also know there are a few ready to go, i will attempt to get a better estimate on completion from our dev


Questions for Community

-I would like to get a market established to trade NAUT for Gold, I know there are a some exchanges that do this...looking for suggestions/best places?


Appreciate the support!

-BK

Poloniex - place a buy order for .00040000 please

thanks

I think it is a good idea but I am also uncertain where to achieve this

I can't believe this coin is still so under the radar. It needs to be put on Mintpal and Coinmarketcap asap.

block explorer is down at the moment. They are fixing it atm.

Thanks, so the total number of coins is 16,180,000 and 1,804,294.8 have been already mined. Do you have an idea when the last coin is expected to be mined? From my newbie point of view it looks like this coin is being mined pretty fast?

As someone else just pointed out, 1% of the total number of coins was mined by the developer before the coin was released to the general public. I forgot about that. Also, it is being mined so fast because the difficulty of finding a block when a coin is released is very close to zero, and progressively gets harder. The number of coins produced per day will then get lower and lower in the coming weeks/months. I don't know how to give an estimate on the time that the final block should be mined, but it really depends on how many people are mining the coin. If the price plummets, less people will mine it (myself included) and vice versa. Hope this helps.

If the total hashrate on a coin is high enough and finding enough blocks that the average block is found in less than 1 minute, the difficulty will go up. If the hash rate is low and blocks are taking longer than 1 minute, the difficulty will go down. It doesn't mean that 1 block will be found every minute.

so now fail with a rig 500MH?

I'm about to do something crazy.

I have to rent a 350mh and could not connect me to your pool, now get that are good news ..:-P

How is it that a pool with over 10% of the nethash has not found a block in the last hour, most listed pools have no miners, the total of all listed pools have less than 20% of the total hash....

I conclude there is a gigantic private pool or ASIC farm on this, and therefore the coin is not secure due to being vulnerable to a 51% attack.  The dev's own pool, possibly?

I am staying away...mining or trading.