Bitcoin Forum
June 23, 2024, 01:05:25 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 [451] 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 »
9001  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 17, 2014, 08:27:48 PM
BAGHOLDER BONUS VOTE IS UP..PLEASE PARTICIPATE..   Smiley
9002  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 17, 2014, 08:22:44 PM



You have some good points. Also I may add POLO has not had any ICO payment at all and have done a lot of work and also handling the ICO funds for us. Busoni and MODS have worked very hard so maybe just having them some payment to at least distribute to the Mods and maybe I can suggest to them to do a POLO GIVEAWAY too..Maybe we can cap the exchanges to MAX 5%? If at audit time peeps download their funds and have to hold for a 7 day period the dump would not probably take place all in one go, maybe it will make a monthly pump and dump fest but if people want to get paid every month and they are also earning from staking it wouldn't be wise to sell off all their coins anyway. Also we will have trading incentives and contests throughout the month to keep the Punters occupied. We could put also a cap on wales as well, maybe same as the exchanges like a maximum 5%? That way more bagholders can earn a decent percentage.. So what we could do is Exchanges and wales earn MAX 5% then rest goes normal percentage so say a wale owns 7% of the coin he can still only get max5% payout but if he is a founder member and never takes off his wallet his 10k coins he can earn extra gifts from bounty pool every 90 days. What do you think about this idea?

Caps on giant whales or let's just call it large amounts of coins makes sense to me. You don't want a situation where the exchanges hold 40% of the coins, eating 40% of the profits.

You can make it a hard cap, or go with diminishing returns after a certain percentage.  But...

What is to stop megawhales from simply breaking up their wallets into smaller amounts, getting around the cap? Blockchain analysis may be able to block some of this, but if the person is tricky enough, I expect it wouldn't be an issue for them to get around it.

As for Poloniex getting paid for the ICO, maybe offer a onetime dividend payment, say 5-10%, and that's it? I'd suggest even giving them more than 5% this one time, instead of 5% forever... and ever. I really think exchanges should be blocked from getting payments at all. They get their money from fees. Even Polo has made money from the ICO due to fees. Also don't forget the coin will eventually be on other exchanges than just Poloniex too. It's not like you want to give them all 5% forever, when they make money from fees as it is.

So I'd do the 5% thing for fat whales, and 0% for exchanges. I'm just not sure how to actually enforce that cap.

Good idea.. Well whales will have to register in Bagholder area with only one address to be paid and yes exchanges earn from the trades so makes sense. Let's put the vote up and see what happens..
9003  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 17, 2014, 08:13:03 PM
Shall we put this up for a vote? I think it's good idea.

Yes please do..

1. for percentage based

2. % based cap on whales @5% and no payment to exchanges

3. not bothered any one.
9004  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 17, 2014, 08:00:51 PM


FOUNDER MEMBERS will need to have 10k staking in their wallets all the time in order to receive the EXTRA PERKS and remain founders..This way it means we are rewarding those who are helping us stabilize the price and take off more QBK from the exchanges.

Normal Bagholding members will need to have as much as they can in their wallets on MONTHLY AUDIT DATE once we announce in advance the AUDIT DATE and have it there for 7 days as payouts will be done within a 7 day period. After that they have more liquidity to trade again.

As the block explorer shows wallets split up although some wallets hold all the coin, for example I have all of mine in one wallet but on the rich list it shows it split up, we will just ask members to send us their wallet addies in member's area and do a little thing in the debug window, very easy just to check if they have their monies split in more than one wallet on blockchain. We are thinking of adopting the percentage based payouts in a choice of QBK OR BTC as it will be a fairer system and a payment cap on the Exchange so that more is payed out to Bagholder populations. As most members despise the verification process, paying via the percentage system for Bagholders with 100 QBK or over is the fairest way to distribute the revenues. We will from the bounties and giveaways funds have incentives also for EVERYONE, small holders and large so everyone will benefit form even more goodies than just their monthly dividends and staking income. Naturally the FOUNDERS eill get their extra freebie perks every 90 days they remain a FOUNDER for helping QBK grow in stability and price because this in turn BENEFITS ALL HOLDERS, These extra gifts will NOT BE TAKEN FORM THE 50% BAGHOLDER POOL but form the BOUNTIES and GIVESAWAY pool. We will have both QIBUCK BAHOLDER AND QIBUCK FOUNDER membership areas open within the next few days. We will still have the card later down the line as an extra option but because we would have to order 500 upfront at a small discount we will just hold that off for now till we have more demand for it, say at least 200 Bagholders wanting it. Smiley, Otherwise we may just pay the full price for a card but we won't be generating extra revenues for that if we don't order 500 in one scoop. At the moment our time is better spent developing the coin, JV ventures, mining, trading and Investing to kickstart revenues.  Smiley Today one of our Team Members has already made a request to rent rigs to mine a very stable coin.

Please give us any decent feedback on this thank you.  Smiley


I like the percentage idea + cap on large amounts... as I probably should, as I suggested doing it that way earlier in this thread. Although would people care that it differs from what you stated in your ICO? Again, I'm against radical changes from ICO terms, but am unsure if going to a percentage system would really bother anyone or not. It is certainly the easiest and most logical way to to do (that I can think of).

If people do mind changing from the initial ICO setup, consider the multiple stakes idea using the same pool layout, which is pretty close to being a straight percentage anyway. Just that it'll be much more complicated on your end as to determining payouts to people. I'd think most people would be fine with the percentage idea though, as it's not like it means less money for them or anything really... in some cases they may make more.

As for cards, I expect most really don't care one way or another about them. For free, sure, it's a nice bonus and I'm sure some would take them. But it's not like I expect many to really have a use for it over just regular btc sent to their wallets. So if it costs you money, I'd delay it like you plan.

One thing does confuse me though... the exchange getting payouts. Why would the exchange get any coin at all as a payout? They already got their fees from the ICO and they are getting money from trading fees. I'd still recommend a cap, just to block evil exchanges or mega whales, but I didn't expect exchanges to get any dividends anyway. And what happens when a coin is on multiple exchanges? Why should they get any payouts?

Edit: And that extra gifts for holding idea is a good one. That way you can maybe get around the potential 'audit date' issue, where some folks may sell right after the audit date, and buy up before.

You have some good points. Also I may add POLO has not had any ICO payment at all and have done a lot of work and also handling the ICO funds for us. Busoni and MODS have worked very hard so maybe just having them some payment to at least distribute to the Mods and maybe I can suggest to them to do a POLO GIVEAWAY too..Maybe we can cap the exchanges to MAX 5%? If at audit time peeps download their funds and have to hold for a 7 day period the dump would not probably take place all in one go, maybe it will make a monthly pump and dump fest but if people want to get paid every month and they are also earning from staking it wouldn't be wise to sell off all their coins anyway. Also we will have trading incentives and contests throughout the month to keep the Punters occupied. We could put also a cap on wales as well, maybe same as the exchanges like a maximum 5%? That way more bagholders can earn a decent percentage.. So what we could do is Exchanges and wales earn MAX 5% then rest goes normal percentage so say a wale owns 7% of the coin he can still only get max5% payout but if he is a founder member and never takes off his wallet his 10k coins he can earn extra gifts from bounty pool every 90 days. What do you think about this idea?
9005  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ARCOIN] ARCOIN IS GOING TO WALL STREET! X13 POW/POS - TOR IMPLEMENTED on: August 17, 2014, 07:48:29 PM
Hi everyone,

We are clarifying the Wall Street event date with our partner company in New York.

More information will come soon. All is going to proceed as planned, ARCoin is going to Wall Street still this month (August) Smiley

Thank you all who keep supporting ARCoin!

This is very exciting news. How will it be implemented through a hedge type fund for investors or other types of instruments? Smiley
9006  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 17, 2014, 07:36:16 PM
Ah well, set a buy order over at Poloniex for this coin.

Maybe i wake up as a "midi bagholder" tomorrow

We are thinking of making it percentage based due to the way the block explorer handles information and is accounting wise much easier and a fairer system, please let us know your thoughts on this, also we are thinking to put a cap on the exchange bag so more is distributed to the Bagholders. Like give up to 10% to exchange as reward for holding our coin and 90% of the rest given to Bagholders.

Check above thread though let us know what you prefer percentage or pool based. Smiley
9007  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 17, 2014, 07:31:00 PM
Our rich list is looking interesting..  Smiley

http://crypto2.net/qibuck/wealthiest.php

  The #1 address has got to be Poloniex.    

Yeah, it must be.

I'm more interested in that top 12 list. No wonder that idea of a founder's club was thrown out there. I do agree that the dev team should really look to create an incentive for those coin holders to, well... hold. It's like the top 12 addresses own 40% of the coin. And I'm not including Poloniex. That top 12 may not even be 12 people, as I expect some have split their wallets.

A couple of payout/dividend questions:

How will confirming coins be determined? By the blockchain, or wallet when signing up? Do people need to hold for that entire month to get payouts, or just own those coins when actually signing up?


FOUNDER MEMBERS will need to have 10k staking in their wallets all the time in order to receive the EXTRA PERKS and remain founders..This way it means we are rewarding those who are helping us stabilize the price and take off more QBK from the exchanges.

Normal Bagholding members will need to have as much as they can in their wallets on MONTHLY AUDIT DATE once we announce in advance the AUDIT DATE and have it there for 7 days as payouts will be done within a 7 day period. After that they have more liquidity to trade again.

As the block explorer shows wallets split up although some wallets hold all the coin, for example I have all of mine in one wallet but on the rich list it shows it split up, we will just ask members to send us their wallet addies in member's area and do a little thing in the debug window, very easy just to check if they have their monies split in more than one wallet on blockchain. We are thinking of adopting the percentage based payouts in a choice of QBK OR BTC as it will be a fairer system and a payment cap on the Exchange so that more is payed out to Bagholder populations. As most members despise the verification process, paying via the percentage system for Bagholders with 100 QBK or over is the fairest way to distribute the revenues. We will from the bounties and giveaways funds have incentives also for EVERYONE, small holders and large so everyone will benefit form even more goodies than just their monthly dividends and staking income. Naturally the FOUNDERS eill get their extra freebie perks every 90 days they remain a FOUNDER for helping QBK grow in stability and price because this in turn BENEFITS ALL HOLDERS, These extra gifts will NOT BE TAKEN FORM THE 50% BAGHOLDER POOL but form the BOUNTIES and GIVESAWAY pool. We will have both QIBUCK BAHOLDER AND QIBUCK FOUNDER membership areas open within the next few days. We will still have the card later down the line as an extra option but because we would have to order 500 upfront at a small discount we will just hold that off for now till we have more demand for it, say at least 200 Bagholders wanting it. Smiley, Otherwise we may just pay the full price for a card but we won't be generating extra revenues for that if we don't order 500 in one scoop. At the moment our time is better spent developing the coin, JV ventures, mining, trading and Investing to kickstart revenues.  Smiley Today one of our Team Members has already made a request to rent rigs to mine a very stable coin.

Please give us any decent feedback on this thank you.  Smiley
PLEASE LET US KNOW IF YOU STILL PREFER POOL BASED OR PERCENTAGE BASE SO WE CAN REFLECT THIS ON THE OP..
9008  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER ~The Game Currency ~5% Monthly Interest Paid Daily ~ Games Are Live on: August 17, 2014, 05:12:44 PM
I really love HYPER AND IT is one of my favorite coins so far since I have been involved with crypto. We have also launched an asset backed coin and I a wondering if HYPER DEV is ope to JV projects? I really want us to collaborate more in the Crypto Scene and ill PM you about maybe something we cna work together on.
9009  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 17, 2014, 04:25:55 PM

This guy has no business being on a dev team of a serious coin. Had i known he was involved in this project i wouldn't have considered it. Someone please assure me this kid has no direct access to the btc? What an embarrassment

Please bare with us we train our Team. We want people in all age groups and back rounds involved but of course no one in this world is perfect. Being much older myself and a Mother I believe it is good to give the Younglings a chance to develop and grow in a positive space. Access to the BTC is all in POLONIEX and when we make an investment it is decided by the whole team first. We apologize for any inconvenience and please be patient with us as we try to perfect our business model and modicum of conduct on the forums and other outlets. We will aspire to the highest levels of professionalism and we will take note of any indiscretions and sort out accordingly.
9010  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [GAC] GlobAllCoin | 100% IPO |coins+10% free stocks|End Aug 27, 2014 on: August 17, 2014, 06:28:41 AM
How do we make a globallcoin email address please?
9011  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Nightmare | NM | FRESH algo | NightSend | Encrypted P2P Chat | 8/15 on: August 17, 2014, 06:21:40 AM
I sent pm to do the giveaway plus we can translate into Mandarin the OP as well. We also had a really good dev do our block explorer/richlist for our coin today  too we can highly recommend him.  Smiley
9012  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ABC] Abundance PoS/PoE/PoW - This coin is Live and Actively Mined! on: August 17, 2014, 06:06:08 AM
CHINESE OP UP AND RUNNING:  https://bitcointalk.org/index.php?topic=742577.new#new   Smiley I have been tweeting and retweeting too @goldentags will do more tomorrow..  Smiley
9013  Local / 山寨币 / 发行日期2014年8月15日 - 现在已推出! (ABC) on: August 17, 2014, 06:05:06 AM
发行日期2014年8月15日 - 现在已推出!



超新星:https://abun.suprnova.cc/

最大矿工:https://abc.maxminers.net/

ABC MinerPool:http://abc.minerpools.com/

瑞士池:https://abc.swisspool.org/


Github上:https://github.com/AbundanceSource/ABC-souce


股票代码:ABC





POW/ POS/ POE





向您介绍富足币! (ABC)
一个有收入的硬币。
具有公平的POW及挣得赠品的分配特点
X11POW为7天




在慷慨的PoS之前,将仅铸造50万硬币

PoS的百分比每月递减并持续8年以上。8年后 POS加上造币





钱币规格

产品名称:富足币(ABC)
算法:X11
块时间:30秒
POS机开始块数:第8640块(3天后)
最后POW块:第21600(7天后POW结束)
PoS的最低年龄:6小时
PoS的最高年龄:30天
块奖励(1-100):预矿第一个块,然后第2-100块零回报
块奖励(101-20160):17.7ABC
最后POW块:开采后7天
POW硬币总数:355,000
块重新定位:每20块
POS机的利息: - 变量 - 见下文
硬币生息在:24小时后
每笔交易的确认:3
预挖:POW最大值:在500,000里占 145,000
 

分配的明细:
355,000POW
145,000POE





一,产品简介
二。谁?
三。这枚硬币的亮点和优势
四。我们的赠品:介绍努力证明(POE)



一。导言:

富足币(ABC)


富足币是这样一个概念,即分派硬币(或富足币)的财富,并允许其持有人通过POS算法来创造剩余收入。我们把这叫做有收入的硬币。作为一个团队,我们将努力做到最好,除此之外我们没有进一步的承诺,而这是我们对空头支票和跑路的开发团队的直接回应...
 
富足币(ABC)的开发团队欢迎这场赢得您信任的挑战。





二。我们是谁?

我们是Bittzy78和JDS1000,我们运行CryptoSandwich(加密三明治),并喜欢派发硬币。在加密社区,三明治是其中最大,实力最强的。我们在硬币开发,和硬币的推广方面经验丰富, 我们与交易所紧密合作,并正在运行着成功的企业。

我们的团队:

Bittzy78 - 联合创始人
https://bitcointalk.org/index.php?action=profile;u=192898
参加过COIN2开发团队,并担任Coinzen,BitcoinGarden论坛的主持人

JDS1000 - 联合创始人
CryptoSandwich

Vindyne - Twitter的营销和通信 - https://bitcointalk.org/index.php?action=profile,U=249694
备受推崇的硬币推广人。 

QiBucks - Facebook的市场营销和通信
CryptoSphere/ BitBillions

RichFinch - 设计和图形/通讯支持

Smart15 - 分配/ Multipool的经理





二。亮点和这枚硬币的优点:
亮点

创新 - 至于技术方面,你可以说我们是一个shitcoin,但我们已经拿出了两件事情使富足币区别于其他硬币...

在分配方面:POE - “努力的证明”这一项不涉及采矿,但需要人们的努力。这不是一个真正的赠品硬币,像在CommunityCoin或COIN2里面,因为我们需要一些努力,在社交媒体里推广,为富足币创造动力和社区。

收入/ POS - 富足币在股份/利息方面如此咄咄逼人,所以我们把它叫做收入硬币。持有这枚硬币的行为可为持币人创造每月利息20%的收入,或在第1个月里超过240%的年利息,该数字会随着时间的推移逐渐逐渐减少...

我们要奖励人们持有富足币,认为更多的硬币会开始复制这一收益法...

富足币在2个不同的PoE阶段,把我们的硬币发放那些挣得的人....

POW - 是的,有开采 - 大约七天左右集中开采20万硬币。

我如何得到富足币?
通过我们的ICO/ IPO可以获得富足币
POE:可以通过完成在第一阶段2、3项任务来获得富足币。
POE:可以通过第二阶段在MintPal投票赢得富足币。
POW:可以开采富足币。
也通过著名的交易所获得富足币

股权证明 的百分比
 
第1个月 - 20%月息(240%年息)
第2个月 - 10%月息(120%年息)
第3个月 - 7.5%月息(90%年息)
第4个月 - 5%的月息(60%年息)
第5个月 - 2.5%的月息(30%年息)
第6-12个月  - 1.25%月息(每年15%)
第2-4年 - 每年5%的利息
第5-8年   -- 2.5%的年利率

富足币矿池

https://abun.suprnova.cc/

优点[尺寸]

名称 -令人满意的缩写(ABC)因为它靠近字母排列的顶部。 (这听起来很滑稽,但我记得我喜欢Cryptsy上的ZetaCoin - 容易查找是一个优势)。
名字的同义是成功/兴旺

发放:赚取硬币可以与挖掘无关,这是一个新的概念
通过投票,积极参与,成为某事物的一部分,来赚取硬币
第2轮分配依赖于在MintPal的投票

营销行业领导者有很多的关系,并享有商誉
规模最大,最集中的营销队伍 - 每个人都在做他们最拿手的。
激励成功 - ​​并且只在交付时接受赏金。
社区发行,有500以上的股份持有者
鼓励持币(给力的POS和第二轮分配)





四。我们的赠品:介绍努力的证明

现在是很多人都一直在等待的时刻 - 赠品!
(不要这里BitcoinTalk列出任何确认)。

这在这里或其它地方有列出 - 我们想把硬币赠送给哪些地方?
对于带来流量我们是否可以得到回扣或奖金?

第一阶段 - 从星期一8月18日开始,启动后第3天。
请给我们最多12天的时间来支付。

E1 - 社会化媒体(50 ABC)最多为600人......(50ABC=所有ABC硬币的 1/ 10,000,在POS之前)。

微博:必须至少有50个粉丝
跟踪微博
推文Bittrex
推荐1个认可的交易所
转推赠品
订阅SubReddit
在我们的Facebook 上点赞

如果你在Twitter上的追随者少于我们的要求:
列出其他的努力...
在Bitcointalk上的签名
投票给我们 - 将消息传播出去,并告诉我们你做了什么......。
还有别的吗?
600 *50=30,00ABC

E2 -把市场营销信息传播给多达20人(150 ABC)...
给媒体渠道写文章并用Twitter支持
20* 150=3000(每个达标项目可获得整个初次分配的3,333)

E3 - 技术
钱包
MAC - 600 ABC - 已由karimdr2取得
DROID - 600个ABC
IOS - 600个ABC
纸钱包 - 100个ABC
BLOCK浏览器 - 100个ABC

E4-翻译(100 ABC)
10*100=1000(全部ABC初始发行的1/5000)
中文 - 已发放

E5-薪金(可变) - 目前6人平均每月625ABC
营销 - 已认领
支持 - 已认领
开发者 - 空缺

第二阶段 - 〜在发行45天之后启动-

E6 - 招商(可变)
接受ABC作为支付手段,不论你卖任何东西!

E7 - 投票
所有剩余的ABC用在这里(HitBTC/ CoinPayments/ BTER/ Cryptsy/ MintPal2.0)



社会化媒体

微博 - https://twitter.com/ABC_Coin

Facebook的 - https://www.facebook.com/AbundanceCrypto

书签交易 - http://www.reddit.com/r/Abundance_ABC

IRC - https://kiwiirc.com/client/irc.freenode.net/#AbundanceCoin




钱包:

窗户:https://mega.co.nz/#!0gN3XZIS!xRA_IeIgXmZhKoWG1p7e6bJ8buXF0zzq6XYY4mVOHn8

苹果:http://www.mediafire.com/download/5xt3wdz8jcic7xm/Abundance-Qt.zip

Linux操作系统:https://mega.co.nz/#!otUgCBhD!l7gnwiVP9jRgVSM2d8eLkkSsuopgUepSyF2h5Tx61J


9014  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 17, 2014, 04:53:44 AM
Our rich list is looking interesting..  Smiley

http://crypto2.net/qibuck/wealthiest.php
9015  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ABC] Abundance PoS/PoE/PoW - This coin is Live and Actively Mined! on: August 17, 2014, 03:30:06 AM
This is a wonderful coin. I can't wait to download the wallet and stake mine.  Smiley I am not selling mine in a hurry as I know the other Team members are honest hardworking members of the Altcoin Community s this is no fly by nite coin that's for sure. Smiley
9016  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 17, 2014, 02:34:30 AM
Just sent request and Invoice to purchase 6 Swiftbitz Ltd ATM machine shares. Machines with these shares attached are being shipped out to the U.K next week. Payments/dividends from these shares will be paid to us monthly in BTC..  Smiley



what is ATM machine shares? lmfao  Cheesy

Cashless Bitcoin atm machines..
9017  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 16, 2014, 04:30:28 PM
I would like to get the opinion of both the QBK team and the community as a whole on something. Earlier this evening I was
giving some thought to ways in which we might start bringing income in sooner rather than later. Around the same time, I
was also checking my Bitcoin wallet and noticed that I'd received my daily earnings from NiceHash.com, where I rent my own
meager Scrypt hashing power when I'm not using my gridseeds.

Then it occurred to me...

I have proposed to the team that we purchase a couple of ASIC miners - at least 1 TH/s apiece - that could be used to
generate an income in any one (or combination) of three ways:

1. We use them to mine BTC directly.
2. We use them to mine any likely looking SHA-256 coins that come out.
3. We rent out the hashing power through NiceHash.com or similar outfit.

So whether we're mining or we're renting out the hashing power, we're still generating income.

What are your thoughts?

I've been looking at the following miner:

http://www.bitcrane.com/goods.php?id=1

I welcome any advice / suggestions.

Thanks!

Cynthia

I don't think 1terahash rigs are profitable anymore after you account for the high power usage and the fact that you need to get like 30 of them to get some sort of ROI (this is not taking into account electricity, fees and whatnot). Even these cheap 6terahash rigs coming out are giving out poor ROI's (something like 5 months without accounting for difficulty increase).

If you're going the route of using mining as a source of ROI, then go for the new scrypt ASIC's. See if you can find someone with a GAW vaultbreaker preorder willing to resell to you. There's also cloud scrypt mining that you can purchase in the form of shares or yearly contracts. I've done the math for these before and you can get 4-6 month ROI's after accounting for difficulty increases of LTC and decreases in profitability over time.

Try using this: https://bitcoinwisdom.com/litecoin/calculator

Set difficulty increase to 2% (should be more like 5% but I reduce it a bit because we want to mine the most profitable scrypt coin rather than LTC). Pool fee is 2%, and the power usage, hashrate, and price you should be able to fill in yourself depending on the rig you're looking at. Remember that you have to pay electricity costs PER UNIT, so it's much more cost efficient to buy a few big rigs, rather than a bunch of small ones, even if the price and hashrates come out the same.

Hope this helps you guys out a bit.

Thanks for this great info..I am passing it on to the team.. We are probably not going to buy but just rent for now.
9018  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 16, 2014, 04:29:19 PM
Pretty nice job with the explorer + rich list there. Surprised more folks don't have their coins in their wallets though... really need that dividend thing set up soonish. No wonder there has been so much sell pressure, as I guess people have kept tons of coins on the exchange, over half of the existing supply evidently.

We are working on things day in day out..because all the Team are in different time zones and some have other duties sometimes things take longer than anticipated but I think already in a few days we got quite a bit done. I can't as more from our Team really. They are doing their best. If anyone wants to come behind the scenes and sees what it takes to run an honest coin believe me I don't everyone would want this job lol.  For the last week I have barley slept more than a 4 hour stretch at a time and I still want to get things done faster. We are doing what we can. If people want to sell of their coins cheap it's o.k for now. When people see what we are all about the price will rise organically as we progress weekly.
9019  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DIEM] CarpeDiemCoin - ROM Rehab Project - Wallet Update v1.1.2.3 8/3 on: August 16, 2014, 04:08:02 PM
DIEM DEVS are so kind and helpful..QIBUCK coin has ordered a block explorer and rich list.. Smiley Thank you and we can't wait to do more good collaboration between our two coins!!

Thank you we are always here to help. Together we all will make Crypto trustworthy Smiley
I like the fact that we can work together..Crypto doesn't have to be a battle ground.. We can compliment each other. Smiley. Thank you for the lovely explorer.
9020  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 16, 2014, 03:20:52 PM
BLOCK EXPLORER IS UP..

I will add to the OP after I take a break..

http://crypto2.net/qibuck/

Thanks to the DIEM DEVS..
Pages: « 1 ... 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 [451] 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!