tekyboy
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March 26, 2016, 04:43:41 AM |
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............ snip........... guys i did change something at the backend if you have freehash then direct it to the pool. will confirm shortly if it work don't think pool is working... thanks mansa for sending some hash pool is functional now. there is few mins delay in frontend and backend Smiley It was me. By the way... what you think about the block number 1 ? ohk since he reported first thought first miner is him anyways thanks, i would be happy to answer if premine would be in my wallets
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BlackJackDev (OP)
Member
Offline
Activity: 77
Merit: 10
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March 26, 2016, 05:54:39 AM |
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Coins from 1st block will be used for growing JACK eco-system, adding JACK to exchanges, wallet improvements, integrating JACK into different services, etc. More information will be provided in future announcements.
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ASICrefugee
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March 26, 2016, 07:54:11 AM |
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So 210,000 JACK for the dev. Total from EARLY POW phase (2500 blocks x 21 JACK) = 52,500 for ALL other miners! Then POW actually STOPS for another 72,500 blocks - that could be 100 days - with NO REWARD.
Dev already has 4 x the available coins BEFORE the mad POS % kicks in for nearly 60 days.
Then he can stake like a boss and everyone else get screwed. He is going to have more than 80% of the coins!
Only a complete loon would throw hash at this........
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Bank_sy
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March 26, 2016, 07:57:10 AM |
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So 210,000 JACK for the dev. Total from EARLY POW phase (2500 blocks x 21 JACK) = 52,500 for ALL other miners! Then POW actually STOPS for another 72,500 blocks - that could be 100 days - with NO REWARD.
Dev already has 4 x the available coins BEFORE the mad POS % kicks in for nearly 60 days.
Then he can stake like a boss and everyone else get screwed. He is going to have more than 80% of the coins!
Only a complete loon would throw hash at this........
they should write 80% premine ninja launch!!!
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poolmn
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March 26, 2016, 08:18:11 AM |
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refregirator
Newbie
Offline
Activity: 16
Merit: 0
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March 26, 2016, 08:29:32 AM |
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good job guys, I'll hope for good trades on the stock exchange
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rossr1
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March 26, 2016, 09:00:26 AM |
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Wow, thats some premine, lets get that burnt first and then I would think about mining as its about time there was in wallet blackjack and poker.
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Mohareb
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March 26, 2016, 09:04:06 AM |
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Premined coins are %4.2 of all total coins. we had some coins with 5% Premined that were very successful. Thus i am in and starting mining.
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▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience - Most Trusted & Popular Bitcoin Game @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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rossr1
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March 26, 2016, 09:11:47 AM |
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Premined coins are %4.2 of all total coins. we had some coins with 5% Premined that were very successful. Thus i am in and starting mining.
Yes possibly would agree, but rewards stop during pow for a long time, whilst dev grabs high pos as ASICREFUGEE points out above.
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shimlbit
Legendary
Offline
Activity: 1302
Merit: 1001
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March 26, 2016, 09:23:13 AM |
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Blocks rewards 1 to 2500 = 21 Jack 2501 to 74999 = NO PoW
1st block 210000 coins
pos 100 to 41000 = 21000% per year so 57% daily
he got over 100k daily from staking...
this was stupid from the devs....ppl who are mining this are stupid 2 and will loosing their btc for sure
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kevin1234a
Legendary
Offline
Activity: 1162
Merit: 1000
Decentralizing Jesus on the Blockchain
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March 26, 2016, 09:27:51 AM |
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Blocks rewards 1 to 2500 = 21 Jack 2501 to 74999 = NO PoW
1st block 210000 coins
pos 100 to 41000 = 21000% per year so 57% daily
he got over 100k daily from staking...
this was stupid from the devs....ppl who are mining this are stupid 2 and will loosing their btc for sure
a BLACK jack!!!
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johnnysof
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March 26, 2016, 09:29:01 AM |
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Blocks rewards 1 to 2500 = 21 Jack 2501 to 74999 = NO PoW
1st block 210000 coins
pos 100 to 41000 = 21000% per year so 57% daily
he got over 100k daily from staking...
this was stupid from the devs....ppl who are mining this are stupid 2 and will loosing their btc for sure
You forgot to mention there are still no wallets and the only one staking now is the probably the dev accumulation even more coins daily
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rossr1
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March 26, 2016, 09:35:04 AM |
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Blocks rewards 1 to 2500 = 21 Jack 2501 to 74999 = NO PoW
1st block 210000 coins
pos 100 to 41000 = 21000% per year so 57% daily
he got over 100k daily from staking...
this was stupid from the devs....ppl who are mining this are stupid 2 and will loosing their btc for sure
You forgot to mention there are still no wallets and the only one staking now is the probably the dev accumulation even more coins daily At least the dev can play blackjack on his own to his hearts content
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ASICrefugee
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March 26, 2016, 09:35:41 AM |
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Premined coins are %4.2 of all total coins. we had some coins with 5% Premined that were very successful. Thus i am in and starting mining.
The premine is HUGE. 210,000 JACK Then add the 100 days of no reward (dev has 80%+ at this point) Then add the 21000% POS rewards for 60 of those 100 days - and the other 40 days are at 10000% My maths : 21000/365 = 57.5% per DAY. Even without compounding that %, lets keep it simples, that is a % increase of 3452% over the first 60 days. Would you gamble in a place where the house percentage is so high? If you were an exchange would you list this knowing that the dev has the potential to dump a huge premine? Feel to check my post history, you can see I have NEVER shown any malice towards any coin, but this is such a blatant grab for YOUR BTC that something needs to be said. Dev suggestion : Burn 200,00 JACK leaving you a 20% (10k coins v 52k mineable) before the high POS kicks in and you MIGHT just save your coin EDIT : My bad, high POS already kicked in Coin is dead
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ASICrefugee
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March 26, 2016, 09:52:29 AM |
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Top 10 Wallets from the Richlist: 1 9mx73ZzkcZPNepNxNtXsHuezfRMFSp5ShS 254105.96952000 97.90 2 9no18r3jtr4QL92kAHBVVcCZNVwE7DADh4 859.54806000 0.33 3 9quY9UYmfkLwAnkdtVaVwrJCJqBRwZ4Rpq 826.08671024 0.32 4 9pQgQhTh9QKArAJQ9dVFH36E85Bz152w3S 785.44729301 0.30 5 9VkpCgDSc2cynR4Gyzuy5WC7tqV2VwqJn2 784.17213000 0.30 6 9qNLay3UuJDwacSmVb1xd9i2SaafdV5Vsd 552.12090257 0.21 7 9aSbJPvDHF6n7n6p2rqexGPD3dGHAoD62K 545.29012678 0.21 8 9fTVx61vjoJxr9BzNfrd55cw6wi2s18cDt 462.00030000 0.18 9 9bxeVkbvFBodLgWCJHdzZEYdbCU1oXYzjj 391.02049000 0.15 10 9i6RBQQgSRTjRhUhfVbujEYVcSF8ebhoww 65.51884400 97.9% - Does anyone think that might be the dev's wallet?
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rossr1
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March 26, 2016, 10:51:23 AM |
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Top 10 Wallets from the Richlist: 1 9mx73ZzkcZPNepNxNtXsHuezfRMFSp5ShS 254105.96952000 97.90 2 9no18r3jtr4QL92kAHBVVcCZNVwE7DADh4 859.54806000 0.33 3 9quY9UYmfkLwAnkdtVaVwrJCJqBRwZ4Rpq 826.08671024 0.32 4 9pQgQhTh9QKArAJQ9dVFH36E85Bz152w3S 785.44729301 0.30 5 9VkpCgDSc2cynR4Gyzuy5WC7tqV2VwqJn2 784.17213000 0.30 6 9qNLay3UuJDwacSmVb1xd9i2SaafdV5Vsd 552.12090257 0.21 7 9aSbJPvDHF6n7n6p2rqexGPD3dGHAoD62K 545.29012678 0.21 8 9fTVx61vjoJxr9BzNfrd55cw6wi2s18cDt 462.00030000 0.18 9 9bxeVkbvFBodLgWCJHdzZEYdbCU1oXYzjj 391.02049000 0.15 10 9i6RBQQgSRTjRhUhfVbujEYVcSF8ebhoww 65.51884400 97.9% - Does anyone think that might be the dev's wallet? wow! dev is gonna be rich lol
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ocminer
Legendary
Offline
Activity: 2660
Merit: 1240
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March 26, 2016, 11:15:45 AM |
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suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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kondiomir
Legendary
Offline
Activity: 1568
Merit: 1000
Twitter @Acimirov
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March 26, 2016, 11:49:46 AM |
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As I'm sayng...
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mmboulhosa
Full Member
Offline
Activity: 140
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
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March 26, 2016, 12:46:54 PM |
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// miner's coin base reward int64_t GetProofOfWorkReward(int64_t nFees) {
int64_t nSubsidy = 21 * COIN;
if(pindexBest->nHeight < 1) { nSubsidy = 210000 * COIN; }
if (fDebug && GetBoolArg("-printcreation")) printf("GetProofOfWorkReward() : create=%s nSubsidy=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nSubsidy); return nSubsidy + nFees;
}
210000 premine without giving a reason?
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