|
Welcome to the family pheaonix and dr_chen!
|
|
|
|
CGB has been added to the MiningPool.co pool. https://www.miningpool.coProportional Payouts Vardiff Stratum Custom Graphs / Stats Welcome! OP updated. |
|
|
|
OK, as you wish!   |
|
|
|
|
Also ranked #13 on coinmarketcap at almost $150k. Again, this is just the beginning, hope along for the ride!
|
|
|
|
not too long till subsidy halves again!
Subsidy just halved! Looks good. Mining profitability halved as well so this leaves room for price increase before activation of the large pools that move between currencies finding the most profitable one to mine and dump. Coinchoose still shows it at 5 CGB per block, driving CGB diff up. Same for PXC, also 50 PXC instead of 25 PXC per block. PM'ed sal002 >65 hours ago, said he would fix it but never heard from him again. Good looking out Magnet! I have pm'd Sal as well requesting the correction. With regard to CGB, I do not see this as a major issue due to the linear difficulty adjustment, however, miners are being misled by this info. If your using coinchoose for these coins, divide the profitability displayed by 2 until the issue is resolved. |
|
|
|
warning miners,,
coinchoose show 5 blockreward for cgb and 50 blockreward for phx,, is not right,, cgb is 2.5 reward,, phx is 25 now
sal02 not repair it for 3 days,, now show profit very high but is not,, be warned
Not killing CGB as the difficulty adjusts immediately to compensate for increased hash rate. However, miners are being misled by inaccurate data on coin choose. CGB block reward is indeed 2.5 now, not 5. If you want the accurate profitability for each of these, divide by 2 until the issue is fixed. Thank you for the heads-up though. |
|
|
|
added support for payments in CryptogenicBullion
Fantastic! Thank you from the CB community! |
|
|
|
Come on CB community! Lets get on Phenixex! |
|
|
|
|
CGB on phenixex! Lets do it!
|
|
|
|
|
Great progress! Let's keep it going!!!
|
|
|
|
not too long till subsidy halves again!
Subsidy just halved! Looks good. Mining profitability halved as well so this leaves room for price increase before activation of the large pools that move between currencies finding the most profitable one to mine and dump. |
|
|
|
Followed on twitter and voted on poll topic. 5f8zg2sFMP4y2gtzDMXiLgHYgC8YV2DDJP  Welcome to the family, very pleased to have you  |
|
|
|
Yes I was mining LTC, DGC, GLD(for a few days, what a fucking mistake), ANC..
but that has nothing to do to the fact that 50% of CGB coins were mined at low hash power = few people..
I rest my case. Got nothing to add. goodbye CGB.
You will be missed  Best of luck to you in your future decisions. |
|
|
|
|
All paid to this point, welcome!
|
|
|
|
So let me understand this...
It took you and your buddies about 1 month to mine 50% of the coins.. great!
It's good to know that a handful of people possess that many coins..  The difficulty algo is a linear, 2 block adjustment algorithm. That means if you throw high hashrate at it then the difficulty adjusts damn near instantly (relatively). From the moment it was released, CB was definitely one of the hardest to mine to own a large percentage of total market cap. For example, if diff was at 0.22 and a 100mh GPU farm started mining CB, the difficulty would have adjusted to 3 (or whatever) in a matter of minutes. So, no, a handful of people didn't mine CB and ended up with 50% of the total coins. Its release was very public and very fair. And the dev team works very hard at monitoring network integrity and spreading the word of CB as well as the digital currency industry as a whole. Cheers! -Merc Cut the bullshit, CGB block explorer indicates that the first 40,000 blocks didn't even pass difficulty of 1.0 (!) and most of them were under 0.5. Which means that the network hashrate was low, I'm guessing around 10-70MHs. Those 10-70MHS mined almost 50% of the coins. I am not sure what your issue is regarding mining difficulty as it is not something that gives preferential treatment. Any and all who mine do so at the same difficulty. Let me explain. If miners 1-10 are all mining the same coin, they will be mining at the same difficulty, whether they are friends or not. As a matter of fact, the currency being mined does not know if the miners are friendly with each other or enemies - so this is not a factor at all. With CB, if an 11th miner jumps in the difficulty will quickly adjust making it more difficult for all miners (1-11). This is a simple breakdown as differing hashrate is not addressed in this example, but this should help to paint the picture. Hope this is helpful. Edit: I am by no means an expert regarding mining, actually I do not mine, but I do understand the concept. I have been dedicating my time and efforts to support CB since launch and have bought every one I own on the free market. I have no issue with those who mined the CB that I have bought and decided to sell it to recoup their overhead mining costs and I am not sure why you do either. All of this being said, this is a free market and you are entitled to support whichever crypto you see fit or none at all if that is your thing. Anyway, thank you for your contribution. |
|
|
|
BLUEPRINT CYNIC LOGO is an anagram of what?
Ha, nice one Killiz! Thanks again for your continued support! |
|
|
|
Good work elambert!
Not just me my friend. Credit belongs on the shoulders of the entire CB community and dev team! Top-notch, all the way around! |
|
|
|
So 15k blocks till next halving or?
No, at block 95K...so less than 5k blocks left. EDIT: 95001 is first block with 2.5 reward, just to be clear. The reduction of supply continues as the demand increases. Enjoy! |
|
|
|
Here's some stats from our first 24 hours... not a bad start. |
|
|
|
My pleasure, now spend a few to hire someone to correct the mistake in the word 'Fondation' hahaha Take care  Lol, fixing now! |
|
|
|
|
Show Posts
