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Author Topic: [ANN][SED] Seedbit | POS | POW finished | NO PREMINE | NO ICO  (Read 10144 times)
gambino
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May 21, 2015, 10:26:13 AM
 #61

My coins have around 700 confirmations but the wallet says "not staking because you don't have mature coins"
How many confirmations needed to start staking?
kampretkabur
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May 21, 2015, 10:28:26 AM
 #62

My coins have around 700 confirmations but the wallet says "not staking because you don't have mature coins"
How many confirmations needed to start staking?

POS stake age: 3 - 24 hours

if im not mistaken, this is what you need, not the confirmations
gambino
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May 21, 2015, 10:29:00 AM
 #63

so in next 12 hours i should start staking if my coins are matured since 12 hours?
kampretkabur
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May 21, 2015, 10:34:10 AM
 #64

so in next 12 hours i should start staking if my coins are matured since 12 hours?

usually after 3 hours it will say staking, your weight is ... network weight is ... thats what i know
jelt14
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May 21, 2015, 10:44:45 AM
 #65

name sounds good but what does SeedBit offer besides a Quark Algo crypto-currency Little more before wasting energy
chrysophylax
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May 21, 2015, 11:54:05 AM
 #66

will watch this over the next few days ...

interesting ...

a PoW coin with PoS incorporated - and already on one exchange ...

yup - think ill watch Smiley ...

#crysx

Grout
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May 21, 2015, 12:11:46 PM
 #67

yup - think ill watch Smiley ...

And by watching you mean you are not the monster pushing 618MH/s to suprnova? ;-)
Belligerent Fool
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May 21, 2015, 12:16:42 PM
 #68

yup - think ill watch Smiley ...

And by watching you mean you are not the monster pushing 618MH/s to suprnova? ;-)

Lol pretty sure that's his farm.
Nthused
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May 21, 2015, 12:18:12 PM
 #69

Another Launched I missed earlier on, no point now for me if crysx is on there haha.
chrysophylax
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May 21, 2015, 12:20:39 PM
 #70

yup - think ill watch Smiley ...

And by watching you mean you are not the monster pushing 618MH/s to suprnova? ;-)

no - not at all ...

the miners are in rebuild mode ( and will be until i get back from a 2day personal trip away from the work ) - with some miners mining other coins ... unless they get rented out of course ( through mintsy ) ...

i really mean 'watch' over the next couple of days ...

this coin offers nothing more than a nice algo to mine and a somewhat decent PoS ( ive never been one that likes PoS - but thats just me ) - so mining it in its infancy is a hard call for us to push the farm towards it ...

we are quite selective with where we mine and what ... really have no interest in a mine n dump scenario ...

but if it looks good after the weekend - then we may mine it for a short period to see what we can make of it ... or baghold - if this turns out to be the same as a lot of other coins out there where the dev promises everything then disappears ... i mean - it is only data in a wallet on a server Wink ...

so will see Smiley ...

but for now - no mining for us with sed ...

#crysx

chrysophylax
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May 21, 2015, 12:23:29 PM
 #71

yup - think ill watch Smiley ...

And by watching you mean you are not the monster pushing 618MH/s to suprnova? ;-)

Lol pretty sure that's his farm.

no ... really ...

i would say so if it was ... we have nothing to hide here ...

#crysx

chrysophylax
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May 21, 2015, 12:27:22 PM
 #72

Another Launched I missed earlier on, no point now for me if crysx is on there haha.

hehehe ... thats funny ...

but seriously - the more miners on there means the more blocks - which means the more chance of a percentage of the block ... but also the higher the difficulty ...

i learnt a while ago that when a pool ( or pools ) have a high hashrate - thats the pool that you will have a much better chance of getting coin ...

without hitting blocks - there are no coins minted ... a large miner means MUCH higher chance of hitting a block than other places ( or solo ) which means in the longer mining period - you come out with MORE coins ...

thats how i started out and how we now work with any coin we look at ... works for us Smiley ...

i mean - its not the only strategy that we implement - but its a good start ...

#crysx

ohmygod21
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May 21, 2015, 02:40:44 PM
 #73

Whats going on here ?  Grin this is dump time ?
tic-tac-totoro
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May 21, 2015, 02:46:48 PM
 #74

Seems like around 50% of the blocks are PoS.
ohmygod21
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May 21, 2015, 03:39:25 PM
 #75

hmm , a little buy wall is waiting the first dumpers at yobit
SIX3P0
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May 21, 2015, 04:02:24 PM
 #76

hmm , a little buy wall is waiting the first dumpers at yobit

...and there it is
seedbit (OP)
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May 21, 2015, 04:45:40 PM
 #77

POS has started with its 50 SED high reward phase. This will continue until block 5000.

POW is still ongoing with reward reduced from 1000 SED initially to 600 SED now.

Still plenty of coins to dig with POW and POS.
SIX3P0
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May 21, 2015, 05:04:14 PM
 #78

Hash rate 5x lower, rewards 1.65x lower.....early investors screwed Huh
exchange price even lower lol
seedbit (OP)
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May 21, 2015, 05:12:36 PM
 #79


Thank you. Added to OP.
Grout
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May 21, 2015, 05:39:03 PM
 #80

Come on guys, why don't you give up and let me mine the rest?  Grin
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