No, it is not mine.  I do have votes in it though.



your votes / pool votes * sem_per_day - pool_fee = profit
remember, if you haven't voted yet, so to figure out what you would make (assuming no votes are made or unvoted from the pool during that time)...
your votes / (pool votes+yourvotes) * sem_per_day - pool_fee = profit

sem_per_day is an average number.  This is 86.4SEM  ----   2880 blocks per day / 100 validators = 28.8 blocks * reward (3 sem) = 86.4




I suggest you setup a spreadsheet in order to calculate returns on votes based on pools fees and the number of votes they have.  I know someone working a live version.
Consider also that public pools don't (by default) count your votes for the first 200 blocks (100 minutes) in order to prevent pool hoppers.

The pools I know of right now are:

Sofia 8% (not officially public, so rate could change, but it is paying.)
Richkid 10% (not officially public, so rate could change, but it is paying.)
Kolten 10% (public)
Melvin 15% (public)
Wilson 15% (not officially public, yada)

Also, you can find others that are setup as public pools that are not listed by voting for random pools to see if you get paid.  (Warning... you could miss out on profits during this time AND pools might be paying pools, but if you quit within the 24 hours, you're likely to miss paying pools which are setup to not pay out to quitters.)

100_tokenpar_com charges 0%, but has 105,000 votes
Semuxpool_com2 charges 15%, but has 51,000 votes

Let's say you have 10,000 votes and each pool earns about 86.4 sem per day (average)

10000/115000 = 0.0869565217391304 * 86.4 = 7.513043478260867
10000/61000 = 0.1639344262295082 * 86.4  = 14.16393442622951 - 15% = 12.03934426229508

So, you earn almost twice as much as the pool that doesn't charge a fee.

People are so afraid of the 15% fee, they don't realize they could make a lot more SEM if they run the numbers.

To take this example further....

Melvin also charges 15%, but has 43,000 votes.
So, with your same 10,000 to keep in line with the above example...
10000/53000 = 0.1886792452830189 * 86.4  = 16.30188679245283 - 15% = 13.85660377358491

So, although Semuxpool_com2 and Melvin have the same fee, you earn more (over 1.8 SEM) with Melvin.

You could buy the 40k votes.  It's what I did.
or, you could make a post that you're looking for voters and offer a super low fee to those people that are willing to go to your pool.   Or, offer than you're starting a new pool with 0% fee for a couple of weeks.
20 sem = 20 votes.   (You get 1 vote for each sem you have).

Yes, if you vote on a deligate, you get a share of the total reward.   Just make sure you're voting on a deligate that is paying.
They really all charge a fee since they're running the software and likely paying a fee themselves for the server, etc. 

With only 20 sem (about $20 worth), you're not going to be able to make much or even start your own deligate though.  Quite frankly, you're not going to make anything, because after voting, you will be losing money.  So, unless you do a cash injection or get someone to support you, it's best not to do anything.

Basically, yes.   But, if you have enough SEM, you don't have to vote for someone else (their pool) as you can vote for yourself (your own pool).

Easy to setup.
Simply setup a wallet (ideally on a dedicated machine connected 24/7)
Burn the 1000 SEM to start a deligate - select a name for it.
Then, get about 40,000 votes (currently).

Once those are done, the list is updated every 200 blocks (just under 2 hours).  You are then a validator and forging blocks.

POOLS!

I've been asked a couple of times about Pools and where to vote to get paid.

The answer is.... there is no direct answer because it's changing all the time.

Someone with 8000 votes asked, and the answer is: in this case the Best 'fee' doesn't equate to most profitable.

Example....
8000 votes into pool - '100_tokenpar_com' (which is 0% fee) will get you about 6 SEM per day (8000/12100090).
Putting that 8000 into pool - 'Melvin' (which is 15% fee) will get you about  10.2 SEM  (8000/5950090)-15%

So, even though Melvin is a 15% fee, you obviously end up with over 50% more SEM daily voting in 'Melvin'.

Pool 'Kolten' is a 10% fee.  This is where things get a little more difficult, because, as long as they stay at the relative position (both around 50), it's better to vote into pool 'Kolten'; however, this changes quickly.
- Basically, most people look for the smallest fee and vote in it not realizing as those small fee pools move up the list, your votes count for less of a percentage in the pool.  So, within days, voting for 'Kolten' doesn't equate to a better rate than 'Melvin'

10% of 100 = 100% of 10

My suggestion (today) is to put your votes into 'Melvin' as you're going to make more over time than 'Kolten'
And, it's better to vote for both of those than a 0% pool like '100_tokenpar_com'.

Also Note....
There are hidden pools.  Basically validators that are setup to be private pools. They are setup to be from 0% and up.
Example... pool 'Wilson' is 15% but not advertised.  So, they could change the fee at anytime since it's private.
Another pool 'sofia' is currently at 2%.  Also not advertised and I expect the rate to change.

You could vote for various deligates and calculate your payments you get from them (assuming they pay) to determine which are working as public and fees.  It takes time and you risk making nothing.  So, vote for the ones you know of.  Just make sure you realize a 15% pool may pay better than a 10% or 0% pool simply because of the number of people/votes in it.

In a week, pools will change a lot as Uniform distribution comes into play (which I didn't touch on).  Voting will spread out (mini chaos), but the above suggestions will still be in play.  You will simply want to vote in a pool with the smallest fee and lowest number of votes (as long as the pool is in the top 100).

For my example - Today?  Voting in Melvin 

That would give ETH holders twice as many SEM than BTC holders received.   
In that case, I would have dumped my SEM immediately, cause I would fear the next dump (airdrop) would be a 1:1 ratio to Doge holders. 

Deligate....

Anyone interested in selling/renting me their deligate private key which is no longer running?

Basically, I am thinking of starting another pool, but see that there are over 30 deligates which are no longer running as validators (not enough votes) and it would be nice to have something that could benfit me without destroying another 1000 sem.

So, I am interested in getting a private key OR similar type of outcome.

Yes.  Check the OP

Slack and Telegram.

It means the seed you recorded (although valid) was never used.

During a recovery, it checks your addresses.  If there is no balance, it checks the next and the next.  I believe it is still 20 addresses ahead.   Nothing there, so it checks the next wallet (I believe 5 wallets).
When nothing is found, it simply stops and gives you that error.

There is a way to force checks of more, but if nothing is in the firsts, then unlikely something in the latter.  Bitcoin webwallets perform a similar check when restoring.

You sure you recorded the seed to the correct wallet?   What are you trying to actually do?

The scammer (I say one since the sites are link to the same DNS) has updated the sites.

They are now showing new versions of the fake software.

In fact, the scammer is only targeting Windows users.   The links to Windows is the scam malware, while the links to other OS platforms are legit (currently).

Example:   Electrocash.org (the scam) links to a download on the site for the windows client, but the linux/mac/source is to a valid software on Electroncash.org  (note simply that the scam site is missing the N).

Mike works and saves, so he has 10 apples.
John doesn't care and wastes, so he has 1 apple.

Let's distribute apples.   Ok Mike, you have 10, so you only get 1 for your hard work and planning.  John, you only have 1, but although you're wasteful and willing to dump, you get 10 apples.  Now you both have 11 (again?).

How is this fair?
The person that actually saves and believes in the system gets less because he HODLed, while the person that may even have received the same amount initially and dump some/most of it gets more?

Note:
Good thing I created 100 wallets and split up my Bytes between them (4 months ago).  Based on your idea, I will be far better off than had they simply been in the same wallet.  The same situation that SEMUX had for their distribution (regarding people with a smaller balance receiving the same amount as those with a larger balance (up to 1BTC on the ratio)).

Agreed.   Validator rewards are 3 sem per block.  Validator selection bug is still in effect, until the next update slated for release within two weeks (from what I've been told).

I don't know the dates specifically between the notification and the airdrop snapshot.  I'm still looking.
I think you would agree that an airdrop to ETH will not increase the user base very much at all since it's likely that most ETH holders are BTC holders as well.  Sure, a lot more SEM will be distributed, but not to a much bigger audience than always existing.

Well, based on your thinking, then why not simply distribute a 1:1 for Doge owners.  That would get rid of every remaining SEM, and you could just buy 100,000 Doge for $1.
Wouldn't it be nice to get $200,000 worth of SEM by buying $1 worth of Doge?

Keep in mind that BTC holders didn't know of the airdrop and I believe the snapshot was taken before the drop was announced.  So, no manipulation could be done and if it was, it took a lot of money to make it happen.  Dropping to ETH on the same ratio and having given advanced notice means manipulation will take place at a far cheaper cost.

No, I absolutely believe a fair ratio needs to be established, and I am certain it would be.  I do not believe the goal is to dump the value of the coin by raining to holders of a less valuable coin.  It should be distributed to people with more skin in the game than simply a 1:1 for a $1 worth of Doge or any other sub valued alt like bitcconnect, ripple, lumen, etc.  (Yes, I realize my example took your statement to the extreme, but without any skin in the game (crypto), it would kill the project immediately.)

At this point, I haven't sold a single SEM and in fact bought a bunch more.  I've even given it away AND burned a few thousand to start Deligates.
If ETH is set to 1:1, then I hope enough time is given so that I could dump mine.

I agree with you except for the estimated eth to sem drop.

If BTC:SEM was 1:20  (about $500 to 1 sem)
and
BTC:ETH is 1:18   (close enough to a 1:20)
then why would the airdrop to ETH holders get a 1:3 ?
<$500 to 3 sem

That's rewarding ETH holders a 3 times ratio than that of BTC holders.

I don't care one way or the other for BTC/ETH, but I think it should be closer to a fair distribution.   And, considering that many BTC holders didn't know the snapshot was going to take place while ETH holders know up front means far more people will now dump BTC (and alts) just to get ETH to get the airdrop and then dump back to BTC (or other) and also likely dump the SEM as well whereas BTC holders didn't have that opportunity.

Basically, I think the manipulation will have far bigger implications on SEM value now and not simply because of ETH holders or manipulators getting ETH simply for the SEM dump.

No.

Let's say you have 10,000 votes of your own and to round and make it easy........
If you vote for a pool with a now total of 100,000 votes with a fee of 15%  then you get (about)  100 sem per day / 10% of votes - 15% fee =  8.5 sem
(Basically a pool gets about 100 sem per day and you would be 10% of them = 10 sem, but pool charges 15%, so you get about 8.5 of those.)

Let's say you have 10,000 votes of your own and to round and make it easy........
If you vote for a pool with a now total of 80,000 votes with a fee of 0%  then you get (about)  100 sem per day / 12.5% of votes - 0% fee =  12.5 sem

I think you were trying to figure out something more like....
At what point is it better to take your 10,000 votes to a pool charging a lower fee than a pool charging a high fee.
Most people don't think about it and simply vote for pools with a low fee.

Not a simple answer since there is going to be a curve in that you want the lowest fee while supporting the highest percentage of votes.  (0% fee / 100% votes)
So, it's best to own your own validator if you have enough votes while charging yourself a 0% fee.

With (for the example) 10,000 votes, it best to find a low fee (still relatively the most important - currently), while getting into a pool which barely has enough votes to be a validator (like within the top 100 (easy), but better within the first 56 (like being in position 55).

People voting for pool in position 1 are making less than those in position 55 since they have to share the block rewards with far more people even if the pool in 55 charges a higher fee than that of position 1.

I really doubt that would be a real ratio either.

Remember, 1BTC was 20 sem.
That value (considering dollar)
- $8500 worth of BTC getting 20 sem
- $525 worth of ETH getting 10 sem       would be a bad route.

Also, not sure it would get a lot more new people anyway.  People owning BTC are likely the same people owning ETH.  I agree, new people would be in, but not as many as simply doing the bitcoin airdrop brought in.



 

Not sure what you mean, so I thought I would ask.

What has bitcore done for you in the last month?  Even today while everything is pumping, bitcore has dumped yet another 10%.

New public pool available:
Validator "kolten"
Fee: 10%  (.5% developer fund)
Min. payout: 0.25 SEM
Daily payment at 5:00 AM PST

Thanks for the info.  Although all the websites were running from the same DNS, and likely all on the same server, I don't think they were taking down.  It's more likely the scammer temporarily turned them off.

I do know that many of the reddit accounts were banned, but it now appears many of the new ones simply deleted or had the posts deleted.
Example:
https://www.reddit.com/user/louisprs - no posts.
https://www.reddit.com/user/kipp1vel - banned or deleted.
https://www.reddit.com/user/karenmatro - still has a post for the scam.

I noticed this issue myself.

Actually, if you're syncing a new wallet, you get the peers and % complete, but....
once you get to about 90% (not exactly), the info disappears.

So, most people simply upgrading to the new wallet or opening it from a nearly synced point will not see the information.