HorsePowerCoin (OP)
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September 20, 2015, 04:15:22 PM Last edit: September 26, 2015, 06:59:48 PM by HorsePowerCoin |
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HORSE POWER
★★ MANDATORY UPDATE ★★
CHANGES TO POW : ► UP TO BLOCK 9999 = 100 HSP ► BLOCKS 10000 - 14999 = 10 HSP ► BLOCKS 15000+ = 1 HSP
Specifications______________
► Name: HorsePower ► Symbol: HSP ► Algo: Scrypt ► PoW
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► Block time: 1 min ► Retargeting: 2 mins ► Maturity: 120 blocks ► Confirmations: 120
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► P2P Port: 32321 ► RPC Port: 32322 ► Premine: 6% ► horsepowercoin.conf
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► Blocks up to 9999 = 100 HSP ► Blocks 10000 - 14999 = 10 HSP ► Blocks 15000+ = 1 HSP
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poolmn
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September 20, 2015, 04:24:11 PM |
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HorsePowerCoin (OP)
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September 20, 2015, 04:26:05 PM |
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Sir_Astral
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September 20, 2015, 04:31:43 PM |
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6% premine = dead
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psycodad
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精神分析的爸
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September 20, 2015, 04:37:14 PM |
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Algo: Scypt Works also fine with Sc rypt miners
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T-800.ONE
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September 20, 2015, 04:37:19 PM |
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Good to see you poolmn!! I have a question for you. Do you sometimes reading messages? I can't withdraw coins from your other pool... Can you fix this?
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HorsePowerCoin (OP)
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September 20, 2015, 04:38:52 PM |
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Algo: Scypt Works also fine with Sc rypt miners Fixed typo. Thanks!
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**D!ABLO**
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September 20, 2015, 05:16:55 PM |
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6% enjoy your premine.
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placebo
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September 20, 2015, 05:18:45 PM |
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6% enjoy your premine. Dev needs some money too, to keep the horse power running. no?
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lulla.by
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September 20, 2015, 05:30:10 PM |
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Maybe 6% is high but I'll have a look
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HorsePowerCoin (OP)
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September 20, 2015, 05:53:32 PM |
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hashmaster1
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September 20, 2015, 06:01:55 PM |
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Well i guess i will mine this see where it goes from here you never know what can happen 6% premine not so bad Dev needs to pay for things im sure .....
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jasonhopper2412
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September 20, 2015, 06:09:55 PM |
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Well i guess i will mine this see where it goes from here you never know what can happen 6% premine not so bad Dev needs to pay for things im sure .....
Lol! Don't promote these scams. I'll mine it anyways
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Pay me to advertise here suckas.....
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hashmaster1
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September 20, 2015, 10:30:49 PM |
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The hash rate has gone up good need more miners it a good coin to mine pool running good pool.Mn ...
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gjhiggins
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September 21, 2015, 12:53:28 AM |
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Traps for the unwary #463► Premine: 6%
► Blocks 6001+ = 250 Coins
Sadly mistaken on both counts, I fear. The reward after block 6000 is 400 HSP forever ( https://github.com/HorsePowerCoin/HorsePowerCoin/blob/master/src/main.cpp#L1088). int64 static GetBlockValue(int nHeight, int64 nFees) { int64 nSubsidy = 500 * COIN; { nSubsidy = 174000 * COIN; } [ ... ] else if(nHeight >= 6001) { nSubsidy = 400 * COIN; }
return nSubsidy + nFees; }
174000 described as “6%” premine. Implying an expected total of 174000 * (100 / 6) == 2898840.0 https://github.com/HorsePowerCoin/HorsePowerCoin/blob/master/src/main.h#L55: static const int64 MAX_MONEY = 2900000 * COIN;
MAX_MONEY limits the total number of coins allowed in a single transaction/fee NOT the total number of coins. After block 6000, as long as mining continues, the number of coins issued will increase by 400 HSP every 60 seconds. At that rate of production, the total number of coins issued should reach 100000000 in about five months. Of which 174000 is less than 0.2%. Cheers Graham
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LieTOme
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September 21, 2015, 12:56:42 AM |
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you can show the white paper?
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cisahasa
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September 21, 2015, 01:14:49 AM |
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Traps for the unwary #463► Premine: 6%
► Blocks 6001+ = 250 Coins
Sadly mistaken on both counts, I fear. The reward after block 6000 is 400 HSP forever ( https://github.com/HorsePowerCoin/HorsePowerCoin/blob/master/src/main.cpp#L1088). int64 static GetBlockValue(int nHeight, int64 nFees) { int64 nSubsidy = 500 * COIN; { nSubsidy = 174000 * COIN; } [ ... ] else if(nHeight >= 6001) { nSubsidy = 400 * COIN; }
return nSubsidy + nFees; }
174000 described as “6%” premine. Implying an expected total of 174000 * (100 / 6) == 2898840.0 https://github.com/HorsePowerCoin/HorsePowerCoin/blob/master/src/main.h#L55: static const int64 MAX_MONEY = 2900000 * COIN;
MAX_MONEY limits the total number of coins allowed in a single transaction/fee NOT the total number of coins. After block 6000, as long as mining continues, the number of coins issued will increase by 400 HSP every 60 seconds. At that rate of production, the total number of coins issued should reach 100000000 in about five months. Of which 174000 is less than 0.2%. Cheers Graham reward rules are broken more broken than Graham told
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cisahasa
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September 21, 2015, 01:22:37 AM |
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you can show the white paper?
white paper
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HorsePowerCoin (OP)
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September 21, 2015, 02:04:33 AM |
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► Premine: 6%
► Blocks 6001+ = 250 Coins
Thanks for the input Graham, yea i made another typo. Blocks 6001+ is set to 400 Coins. I've made the correction to OP. 174000 described as “6%” premine. Implying an expected total of 174000 * (100 / 6) == 2898840.0
But premine is 6% of total supply (6*2900000)/100=174000. MAX_MONEY limits the total number of coins allowed in a single transaction/fee NOT the total number of coins. After block 6000, as long as mining continues, the number of coins issued will increase by 400 HSP every 60 seconds.
At that rate of production, the total number of coins issued should reach 100000000 in about five months. Of which 174000 is less than 0.2%.
Oh well, just more coins to go around
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notsofast
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@notsofast
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September 21, 2015, 04:02:53 AM |
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► Premine: 6%
► Blocks 6001+ = 250 Coins
Thanks for the input Graham, yea i made another typo. Blocks 6001+ is set to 400 Coins. I've made the correction to OP. 174000 described as “6%” premine. Implying an expected total of 174000 * (100 / 6) == 2898840.0
But premine is 6% of total supply (6*2900000)/100=174000. MAX_MONEY limits the total number of coins allowed in a single transaction/fee NOT the total number of coins. After block 6000, as long as mining continues, the number of coins issued will increase by 400 HSP every 60 seconds.
At that rate of production, the total number of coins issued should reach 100000000 in about five months. Of which 174000 is less than 0.2%.
Oh well, just more coins to go around *That's* your attitude for supply after 5 months being 34 times the total eventual PoW supply you specified in your announcement?!? I'm pulling my rigs off this shitcoin then. No matter what you've got in the pipeline-- and I'm betting not much given your level of care on this crucial supply issue-- it's not gonna be enough to add any value to the extreme long-term dilution effect. Abandoncoin in 3... 2... 1...
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twitter.com/notsofast
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