lolwut
Legendary
Offline
Activity: 1148
Merit: 1000
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August 31, 2015, 01:31:08 AM |
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UP on coinking, please add to OP Thanks
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ipominer
Legendary
Offline
Activity: 1050
Merit: 1000
Mine the hottest new coins at ipoMiner.com
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August 31, 2015, 01:43:19 AM |
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Up to 611 TH/s  Added on ipoMiner on our main SHA256 port (4444).
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kampretkabur
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August 31, 2015, 01:48:49 AM |
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what is the block reward?
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Starin
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August 31, 2015, 01:49:06 AM |
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Up to 611 TH/s  That much is hash is honestly waste of electricity. I pulled of my miners.
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murderouskirk (OP)
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August 31, 2015, 01:55:08 AM |
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what is the block reward?
Please see the chart in the ANN Also Q: How can I figure out what reward to expect?So basically, POS rewards = 1% of the last 3 digits of the block count. POW is the same, only there is a multiplier. It's factored by taking the number in the thousandth place and multiplying it by 10, and the result is the percentage of POS miners get. I need to come up with a way to explain it better but the chart should help. So for example, on block 8532: POS reward = 5.32 POW reward = 80% of 5.32 = 4.256 The only deviation is when the thousandth place is 0. Rather than have miners earn nothing they earn 100%.
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kampretkabur
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August 31, 2015, 02:00:38 AM |
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what is the block reward?
Please see the chart in the ANN Also Q: How can I figure out what reward to expect?So basically, POS rewards = 1% of the last 3 digits of the block count. POW is the same, only there is a multiplier. It's factored by taking the number in the thousandth place and multiplying it by 10, and the result is the percentage of POS miners get. I need to come up with a way to explain it better but the chart should help. So for example, on block 8532: POS reward = 5.32 POW reward = 80% of 5.32 = 4.256 The only deviation is when the thousandth place is 0. Rather than have miners earn nothing they earn 100%. thank you for the explanation, so the reward will keeps rising for now?
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murderouskirk (OP)
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August 31, 2015, 02:03:30 AM |
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what is the block reward?
Please see the chart in the ANN Also Q: How can I figure out what reward to expect?So basically, POS rewards = 1% of the last 3 digits of the block count. POW is the same, only there is a multiplier. It's factored by taking the number in the thousandth place and multiplying it by 10, and the result is the percentage of POS miners get. I need to come up with a way to explain it better but the chart should help. So for example, on block 8532: POS reward = 5.32 POW reward = 80% of 5.32 = 4.256 The only deviation is when the thousandth place is 0. Rather than have miners earn nothing they earn 100%. thank you for the explanation, so the reward will keeps rising for now? Yeah till block 1,000. All the way up to 9.99 reward. After that it will be less for miners for a while till it loops back around to 100% of POS rewards.
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Woody20285
Legendary
Offline
Activity: 1218
Merit: 1002
Supporting DMD, ERC & PIO
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August 31, 2015, 02:06:04 AM |
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So... no POS till block 1000?
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Woody20285
Legendary
Offline
Activity: 1218
Merit: 1002
Supporting DMD, ERC & PIO
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August 31, 2015, 02:07:18 AM |
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Network weight =0
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murderouskirk (OP)
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August 31, 2015, 02:08:13 AM |
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So... no POS till block 1000?
POS activated block 1. You guys should be able to start building weight and trying to stake. Maturation time is set to 5 minutes, but you're also competing against a lot of hash power right now. I have no idea when the first POS blocks will hit.
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murderouskirk (OP)
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August 31, 2015, 02:08:39 AM |
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Network weight =0
Far as I know this will be 0 till someone hits a POS block. We had 0 net weight in GE for a while and it worked out fine. Creeps me out regardless though haha. 
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ukon
Sr. Member
  
Offline
Activity: 336
Merit: 250
SPYCE | Rise of Web 3.0 - www.decenternet.com
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August 31, 2015, 02:27:24 AM |
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swap done.. thanks 
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| ┐ │ ┘ | | ▄▄▄▄ ▄████████▄ ▄██████████▀▀██▄ ▄██████████▀ █████▄ ▄██████████▄ ███████▄ ███████▀ ████▄ ████████ ████▀ ███████▄ ████████ ██ █████████████████ ████▄ ███████▀ ████████ ███████▄ ████▀ ████████ ▀██████████▀ ███████▀ ▀██████████▄ █████▀ ▀██████████▄▄██▀ ▀████████▀ ▀▀▀▀ |
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tkari
Member

Offline
Activity: 80
Merit: 10
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August 31, 2015, 02:55:53 AM |
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thanks for the swap. Looking forward to POS awards
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kampretkabur
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August 31, 2015, 03:05:37 AM |
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how many swing will i get for 900 GE?
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NextGenCrypto
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August 31, 2015, 03:07:23 AM |
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how many swing will i get for 900 GE?
90
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