opmac
|
|
March 13, 2016, 12:14:37 PM |
|
Current block reward 0.45200000
No thanks
By pulse. You are dead to me
Friends got the jump on this one
|
|
|
|
jc12345
Legendary
Offline
Activity: 1638
Merit: 1013
|
|
March 13, 2016, 12:43:25 PM Last edit: March 13, 2016, 01:12:43 PM by jc12345 |
|
Current block reward 0.45200000
No thanks
By pulse. You are dead to me
Friends got the jump on this one
Hence my question to the dev earlier if the rewards are directly or indirectly (linear or inversely) related to the difficulty. The dev answered that the rewards go down as difficulty goes up meaning it is inversely related. At high difficulty the rewards are low and it is very expensive to maintain the hash rate at a high difficulty. Unless there is a strong market with high prices, there is no incentive for a miner to expend the energy for the mining. It might have been better to let the rewards become more as difficulty goes up so that there is an incentive to maintain a high difficulty. Pulse seem to reward behavior that reduce hash rate whereas fundamentally a crypto coin needs high hash rate to improve its security.
|
|
|
|
opmac
|
|
March 13, 2016, 12:54:00 PM |
|
Yes agreed.
I left my miner going overnight only to wake up with a hole lot of nothing.
What a uber waste of time, energy and money. This is worthless to me. You are correct. Zero incentive to even have any miners hashing this. Total fail coin?
|
|
|
|
jc12345
Legendary
Offline
Activity: 1638
Merit: 1013
|
|
March 13, 2016, 01:03:47 PM |
|
Yes agreed.
I left my miner going overnight only to wake up with a hole lot of nothing.
What a uber waste of time, energy and money. This is worthless to me. You are correct. Zero incentive to even have any miners hashing this. Total fail coin?
I checked about 3 hours after launch and it was already 11.5m coins distributed to the first few guys that happened to be online at the delayed launch time. It is not much more now. The coins future will have to be POS only because no-one will mine at the the current POW rates.
|
|
|
|
milly6
Legendary
Offline
Activity: 1632
Merit: 1010
|
|
March 13, 2016, 01:06:51 PM |
|
Current block reward 0.45200000
No thanks
By pulse. You are dead to me
Friends got the jump on this one
Hence my question to the dev earlier if the rewards are directly or indirectly related to the difficulty. The dev answered that the rewards go down as difficulty goes up meaning it is indirectly related. At high difficulty the rewards are low and it is very expensive to maintain the hash rate at a high difficulty. Unless there is a strong market with high prices, there is no incentive for a miner to expend the energy for the mining. It might have been better to let the rewards become more as difficulty goes up so that there is an incentive to maintain a high difficulty. Pulse seem to reward behavior that reduce hash rate whereas fundamentally a crypto coin needs high hash rate to improve its security. I would say that would be directly related. The rewards are the same as PPC and similar clones, they half with every 16x of difficulty increase. They also go back up if the difficulty decreases. The dev didnt tell you the exact details because perhaps they are unsure of the exact mechanism. Hope that helps.
|
|
|
|
opmac
|
|
March 13, 2016, 01:12:13 PM |
|
Thanks for the info guys
I did not even see a total coin amount announced for this.
|
|
|
|
PulseProject (OP)
|
|
March 13, 2016, 03:11:31 PM |
|
Giveaway
Will happen every 48-72 hours. How to participate; It is very simple! Follow us on https://twitter.com/PulseCrypto to be eligible for the giveaway. And we will randomly pick one of our followers and send them Pulse with a C-CEX redeemable code.
|
|
|
|
jc12345
Legendary
Offline
Activity: 1638
Merit: 1013
|
|
March 13, 2016, 03:19:04 PM |
|
Giveaway
Will happen every 48-72 hours. How to participate; It is very simple! Follow us on https://twitter.com/PulseCrypto to be eligible for the giveaway. And we will randomly pick one of our followers and send them Pulse with a C-CEX redeemable code. Where did you get coins for a give-away since there is no pre-mine?
|
|
|
|
Hyperjacked
Legendary
Offline
Activity: 1610
Merit: 1119
It's all mathematics...!
|
|
March 13, 2016, 03:39:53 PM |
|
What is the current money supply?
|
@Hyperjacked1 Twitter
|
|
|
opmac
|
|
March 13, 2016, 03:42:26 PM |
|
How many coins will be available for this in total?
|
|
|
|
PulseProject (OP)
|
|
March 13, 2016, 03:45:42 PM |
|
Giveaway
Will happen every 48-72 hours. How to participate; It is very simple! Follow us on https://twitter.com/PulseCrypto to be eligible for the giveaway. And we will randomly pick one of our followers and send them Pulse with a C-CEX redeemable code. Where did you get coins for a give-away since there is no pre-mine? Hey there! You may get Pulse by mining or trading it on C-CEX for the following markets; USD, BTC, LTC, Doge Thank you! How many coins will be available for this in total?
Hi! There is no hard cap on Pulse.
|
|
|
|
Hyperjacked
Legendary
Offline
Activity: 1610
Merit: 1119
It's all mathematics...!
|
|
March 13, 2016, 03:49:08 PM |
|
Giveaway
Will happen every 48-72 hours. How to participate; It is very simple! Follow us on https://twitter.com/PulseCrypto to be eligible for the giveaway. And we will randomly pick one of our followers and send them Pulse with a C-CEX redeemable code. Where did you get coins for a give-away since there is no pre-mine? Hey there! You may get Pulse by mining or trading it on C-CEX for the following markets; USD, BTC, LTC, Doge Thank you! How many coins will be available for this in total?
Hi! There is no hard cap on Pulse. Around 600k available for sale on on c-cex...how many are available currently? Edit: just saw the block explorer and currently around 11.6 million
|
@Hyperjacked1 Twitter
|
|
|
milly6
Legendary
Offline
Activity: 1632
Merit: 1010
|
|
March 13, 2016, 04:11:41 PM |
|
Giveaway
Will happen every 48-72 hours. How to participate; It is very simple! Follow us on https://twitter.com/PulseCrypto to be eligible for the giveaway. And we will randomly pick one of our followers and send them Pulse with a C-CEX redeemable code. Where did you get coins for a give-away since there is no pre-mine? Hey there! You may get Pulse by mining or trading it on C-CEX for the following markets; USD, BTC, LTC, Doge Thank you! How many coins will be available for this in total?
Hi! There is no hard cap on Pulse. I am assuming the dev is mining to get coins like everyone else.
|
|
|
|
opmac
|
|
March 13, 2016, 05:12:18 PM |
|
Giveaway
Will happen every 48-72 hours. How to participate; It is very simple! Follow us on https://twitter.com/PulseCrypto to be eligible for the giveaway. And we will randomly pick one of our followers and send them Pulse with a C-CEX redeemable code. Where did you get coins for a give-away since there is no pre-mine? Hey there! You may get Pulse by mining or trading it on C-CEX for the following markets; USD, BTC, LTC, Doge Thank you! How many coins will be available for this in total?
Hi! There is no hard cap on Pulse. I am assuming the dev is mining to get coins like everyone else. Don't even waste your time or energy mining this ATM. Block reward is garbage!!!!!
|
|
|
|
super-cpu
|
|
March 13, 2016, 05:22:57 PM |
|
bought some pulse , is there chance pulse price up to 5000sat?
|
|
|
|
Black Mamba
|
|
March 13, 2016, 05:32:27 PM |
|
bought some pulse , is there chance pulse price up to 5000sat? Funny
|
|
|
|
super-cpu
|
|
March 13, 2016, 05:46:21 PM |
|
bought some pulse , is there chance pulse price up to 5000sat? Funny yes funny, deur price was 10sat at beginning then up to 20k sat at c-cex
|
|
|
|
tiamatt
|
|
March 13, 2016, 05:56:38 PM |
|
Difficulty 402700.37617043 at block 6521 .
Reward 0.49620000
Mined one hour at 4,7 T , no one block found .
Time wasted
|
|
|
|
PulseProject (OP)
|
|
March 13, 2016, 06:08:12 PM |
|
Difficulty 402700.37617043 at block 6521 .
Reward 0.49620000
Mined one hour at 4,7 T , no one block found .
Time wasted
Hey, You can also buy Pulse on C-CEX, market went live at launch.
|
|
|
|
PulseProject (OP)
|
|
March 13, 2016, 06:34:05 PM |
|
There will be some free Pulse on C-CEX chat box. Come join us.
|
|
|
|
|