Bitcoin Forum

$200,000 dollars of BEAM a new privacy crypto coin using the MimbleWimble protocol is being mined DAILY?! What is Beam Coin, what is MimbleWimble, and how exactly is $200,000 being produced?
I created the below video guide to answer the above questions, I also created a written guide to dive into deep detail w/ block rewards and emission schedule. (linked below)

https://www.youtube.com/watch?v=aQERW6ctp58
https://i.imgur.com/UU4aRFGl.jpg

I also created a write-up on Beam Block Rewards, Funding, and Emission Schedule - http://voskco.in/BeamBlock
https://i.imgur.com/jvFcaabl.jpg

ok.. i'm warming to you. your dog eats bugs. i can appreciate that.

Nice video! As usual :)
But now Beam is not so profitable for NVIDIA mining. GRIN has little bit higher profitability and greater trading volumes
Anyway should check new MimbleWimble implemented coins to get best mining profit

Yep beam is dope.  They actually have a funding model that's enforced to support their development just like Zcash.

Grin recently complained about not having enough money.  Not looking good for Grin. Grin has a high chance of ending up in the gutter like Bitcoin Private.  Both had newb hype and pump and dumps that rekt people.

I'm a fan of Mimble wimble but I see Beam able to have the funding to continue development.  At the end of the day people will break and will not contribute their free time for free development. Nothing in life is free.  Everyone time has a cost.

she's a skilled hunter, she will stare at a bug out of her reach on the wall for hours, hunting it until she can either squish it and/or eat it lol

thank you :D
seems like they're bouncing back and forth, I'm very impressed with the price really both of them have been holding -- but especially grin

which ones? seems the latest two had premine scam issues?

yeah definitely see your point of view here, & once this epic new mw "community coin" hype wears off --- I think the grin devs will find it harder & harder to find funding.

& even then, if they're paying taxes on their salary there will probably be some people crying they are being paid too much (without factoring taxes etc) meanwhile BEAM will (likely) have ample funding, I would not be surprised to see some of the GRIN devs make their way to BEAM simply out of self-preservation.

Like you said, nothing in life is free.

Also hope this doesn't come off as "beam shill" lol I love the community approach of grin, seems more like BTC than Beam. However I am very interested to see if this type of coin can still survive/flourish in 2019. It is also not like the day where early BTC contributors could amass a ton of coin w/ their CPUs. You need a large GPU farm to get any sort of sizable GRIN holdings.


time will tell as always ???