[SNRG] 🔥 Synergy 🔥 Cloud.Synergycoin.com Cloud Bot Now Live!! 🔥

[MaxMinersNet]

Please add https://syn.maxminers.net to the OP

thanks

[1714974962]

1714974962

[1714974962]

1714974962

[1714974962]

1714974962

[olcaytu2005]

How many pos blocks?

[Grandpa Jones]

Please spread the hashes across the pools!




      
      
      

      

How many pos blocks?

4320

[tx42]

But still, how do you start Solo CPU mining?  I don't think there is a way... is there?

There is a way to solo cpu mine. But you need to find the right mining program for your OS. Then you just point the cpu miner at your own client if you have your conf file set up correctly. This is an X11 coin. There are several tutorials on the web.

[Cryptophile]

What are the plans for this?  What is Turbo Stake?

I'll rent some hash, still plenty of blocks to go apparently. 

[tx42]

What are the plans for this?  What is Turbo Stake?

I found a description in the readme at github. It looks like it isn't hi-pos:

The early part of the Synergy PoS period makes use of Turbo Stake, which awards Synergy holders greater interest for every stake. The multiplier is directly used in the reward calculation by multiplying it with the base Synergy interest rate of 10% per year.

Holders build the Turbo Stake multiplier over two days by staking consistently. After that, the multiplier will level out and the holder will stake with a consistent rate that depends on how much stake competes with his. The Turbo Stake period lasts 30 days from the time of launch.

That sounds pretty interesting. I might be glad I stumbled on this one tonight.

[BittrexCoin]

@BinPool - http://snrg.binpool.com/ - up and launch

Dev added in OP. Guys spread hash on our pool. Thanks all and happy mining

[fengjie2002]

can not connect . have any nodes ?

[5m4ru1]

can not connect . have any nodes ?

syn.suprnova.cc

[iqlimasyadiqa]

many anonymous miner ?? 

[wxqallme]

  ::)new dear

[kubuminer]

DEV please added pool in op

guys our pool work correct

[Grandpa Jones]

Turbo Stake White Paper


Several users have been asking about Turbo Stake. Here is our white paper for it: https://drive.google.com/file/d/0B29rWNWW8yK_RXBLRzJqSlZBX2s/view?usp=sharing

[Grandpa Jones]

can not connect . have any nodes ?

The client connects to the others through Tor. You only need to wait a minute or two to connect. Some ISPs block Tor, which could effect your connectivity. The Tor port is configurable with the torport= option in case you have a port conflict with the default Tor port or are running another instance of Tor.

[SockPuppetAccount]

Interesting I guess.  I welcome anything fresh around here, thats for sure.  If your multiplier is based on how many blocks you staked in the past 48 hours though, it is definitely a "rich get richer" sort of coin, far more so than the hiPOS coins you reference in the white paper.  Also, are there plans lined up for after the first 30 days?  Because once turbo stakes are over, there really is nothing to make this coin different.

[bensam12345]

can not connect . have any nodes ?

The client connects to the others through Tor. You only need to wait a minute or two to connect. Some ISPs block Tor, which could effect your connectivity. The Tor port is configurable with the torport= option in case you have a port conflict with the default Tor port or are running another instance of Tor.

nevermind--- it connected 

[Live4Crypto]

I've been mining since ocminer first put up the pool, definitely going to keep some hash on this one until the end. 

No roadmap yet, but it's nice to see an explanation of Turbo Stake since this is new.

[Grandpa Jones]

Don't forget to follow @SynergyCoin on Twitter!! @SynergyCoin

[Grandpa Jones]

Interesting I guess.  I welcome anything fresh around here, thats for sure.  If your multiplier is based on how many blocks you staked in the past 48 hours though, it is definitely a "rich get richer" sort of coin, far more so than the hiPOS coins you reference in the white paper.  Also, are there plans lined up for after the first 30 days?  Because once turbo stakes are over, there really is nothing to make this coin different.

We believe that Turbo Stake will have the opposite effect. First, the Turbo Stake period is 30 days. This is much longer than the initial frenzy period where most coins move to exchanges for trading. Most Hi-PoS periods are about 1 week. With a 30 day period, a small time holder has plenty of time to increase his multiplier through compounding, which can be quite high. Most big holders are significantly invested through mining or buying, so must dump within days to free up BTC for other opportunities. The build-up period means they can't simply send coins back to a wallet and start staking in a few hours. They have to wait two days to stake, then two more to build a multiplier.

Turbo Stake is designed to make consistent stakers richer, not the rich richer. We understand that if every holder stakes consistently, then the biggest holders will become richer. However, the short trading horizons of most traders add another layer of complexity to the issue which we believe will fundamentally change how Turbo Stake influences coin distribution in the end.

We will release information about future plans soon.

[buddynuno]

hashrate just quadrupled? WTF? Who can solomine with that hashpower?