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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MemoryCoin 2.0 (MMC) - Large Block Rewards Soon
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on: December 16, 2013, 01:43:46 PM
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I don't think it's the difficulty adjustment that's the issue. Probability is really hard to predict with such a low amount of hashes per minute. I think that as miners are optimized and get quicker, that the coin will stabilize.
My CPU hashes QRK at 60,000,000 hashes per minute, with this it hashes 2.5, lol.
Just my thoughts.
K.
Actually you may be into something here. Many people that have received 0 coins after 10+ hours are gone, and there is no mining pool (because it's not a clone of another coin, so it takes time to open a pool). Few people are left mining. With the difficulty that high and very few hashes per minute we could find the next block in 5 minutes, or 5 days. Exactly, I stopped mining it |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MemoryCoin 2.0 (MMC) - Large Block Rewards Soon
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on: December 16, 2013, 11:09:32 AM
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How ppl want to sell 80 and 20 MMC and there is only 177 blocks mined ? (reward is 2 MMC/block !!! may be i'm wrong)
Just reviewing the source again - the ramp up in block rewards actually occurs over 24hours, not 48. So we should start seeing the large block rewards over the next 6 hour period - here's the formula -
Where nHeight is the block number . .
if(nHeight<240){
return (280*COIN)/(240-nHeight);
}
Every block the reward goes up until the full reward is reached at block 240. |
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Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][XPM] CryptoBot Investment Fund - Second Investment Round
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on: December 13, 2013, 07:34:02 PM
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Are you seriously saying that I should have just let the funds on a site with an unpredictable owner, that does as he pleases? Pretty easy with 2020 hindsight  In all honesty no. After I posted that I remembered that I sold all of my MCX at 0.1 (thankfully at no loss though) for the exact same reason  . I thought that there was a good chance they would rebound, but even if they do I don't want my money on that exchange any more. I can't believe people still want to use mcxnow after the bullshit that RS has performed, but that's another story! Back on topic, marp we all put money into this knowing that it was a risk, so I'm not too bothered that it has lost so much %. In USD it's probably not that bad with the BTC rise Knowing your other project that you have on the go, do you have an ETA when the bot will be back up and trading? Hard to say with the holidays coming up. Somewhere end Jan hopefully. |
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Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][XPM] CryptoBot Investment Fund - Second Investment Round
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on: December 09, 2013, 06:35:24 PM
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Hi Guys,
Sorry for not letting you know for such a long time. But with the year coming to an end it is very busy with my 'normal' business and I have been on several business trips.
It is also not good news that I bear.
As I told in a post a while ago I was heavily invested in MCS shares and as you might MCX shut down it business and the share collapsed.
This resulted in the fact that we are down almost 40% since last report.
It is also worth nothing that I am currently 50% BTC and 50% cash, because I think BTC will see much lower b4 the way up is found again.
Current value of a share is: 0.015627066BTC
Total since end of 2nd round -73.81%
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