Cryptonite310
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April 03, 2017, 07:15:10 PM |
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What's the max supply of VRM? Or does it not have a max supply, is it just proportional to VeriCoin as 1 - 10?
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wgd
Legendary
Offline
Activity: 1815
Merit: 1005
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April 03, 2017, 09:35:35 PM |
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What's the max supply of VRM? Or does it not have a max supply, is it just proportional to VeriCoin as 1 - 10?
https://chainz.cryptoid.info/vrm/Outstanding 1,001,489 VRM
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MAD945
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April 04, 2017, 03:29:12 AM Last edit: April 04, 2017, 04:43:07 AM by MAD945 |
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What's the max supply of VRM? Or does it not have a max supply, is it just proportional to VeriCoin as 1 - 10?
https://chainz.cryptoid.info/vrm/Outstanding 1,001,489 VRM Very, very, veri low supply for a digital asset  Also network hash has been steadily increasing, up 30%
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Cryptonite310
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April 04, 2017, 05:53:17 PM |
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What's the max supply of VRM? Or does it not have a max supply, is it just proportional to VeriCoin as 1 - 10?
https://chainz.cryptoid.info/vrm/Outstanding 1,001,489 VRM Very, very, veri low supply for a digital asset  Also network hash has been steadily increasing, up 30% That's the current supply, but at the end of mining, what will be the Max Supply?
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effectsToCause (OP)
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April 04, 2017, 06:14:58 PM |
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What's the max supply of VRM? Or does it not have a max supply, is it just proportional to VeriCoin as 1 - 10?
https://chainz.cryptoid.info/vrm/Outstanding 1,001,489 VRM Very, very, veri low supply for a digital asset  Also network hash has been steadily increasing, up 30% That's the current supply, but at the end of mining, what will be the Max Supply? We produced about 400k coins in the first six months, as mining power grows the reward drops more than the block time speeds up. So the more mining the less rewards per unit time net. So this is disinflationary (shrinking inflation) like bitcoin is but a power determined schedule. Once the Verium supply reaches around 3million, 10x lower supply (roughly 2 years from now), it switches to the same reward scheme but much slower disinflation to around 3% per year like VeriCoin. At this time mining will largely be paid for by the fee structure with the reward being a supplement most likely. If you want to or are thinking about mining Verium, now is likely better as we get progressively more miners and definitely better than when it switches to ~3%.
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jacko0088
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April 05, 2017, 08:29:32 AM |
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Seems like we don't have any active gambler into the verium community  I saw only two players bidding on veriumjack.
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Vyrez
Newbie
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Activity: 14
Merit: 0
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April 05, 2017, 08:31:00 AM |
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Is it normal to have 600H then drops to 30H then back to 600? The hashrate refreshes only about twice/minute so I'm not sure for how long those drops actually happen. Anyone share their scores ? I have i5 2500k 4.4ghz 535h 3core, 680h 4core but bigger drops.
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MAD945
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April 05, 2017, 04:04:45 PM |
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Is it normal to have 600H then drops to 30H then back to 600? The hashrate refreshes only about twice/minute so I'm not sure for how long those drops actually happen. Anyone share their scores ? I have i5 2500k 4.4ghz 535h 3core, 680h 4core but bigger drops.
This will be fixed in the next update. How many threads are you mining on?
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kakaxibkl
Newbie
Offline
Activity: 53
Merit: 0
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April 05, 2017, 04:50:14 PM |
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Is it normal to have 600H then drops to 30H then back to 600? The hashrate refreshes only about twice/minute so I'm not sure for how long those drops actually happen. Anyone share their scores ? I have i5 2500k 4.4ghz 535h 3core, 680h 4core but bigger drops.
Can you provide a screenshot of the mining software runtime, maybe I can help you
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MAD945
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April 05, 2017, 06:28:58 PM |
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Just an update on VeriCoin from @effectstocause, this doesn't affect Verium's chain
"Update on network:
Supernet wallet caused a fork because it had poor connectivity with the network when it started staking alot of coins. If you have less than 5 connections you are probably not on the mainchain. It's still going strong and the supernode is on it, but others are not. I just updated the bootstrap to it, so you can do file->reload blockchain but I think many are trying to download it and we are getting an overload on the server. Other thing you can do is in vericoin.conf remove all other node lines and just put connect=supernode.vericoin.info this should tether you to only the supernode and you should sync up to the longest chain"
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MAD945
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April 05, 2017, 10:23:48 PM |
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Lots of people joining the new VeriCoin and Verium Slack, come join the fun. Only a few members away to the 100th member(one person) who receive 100 VeriCoin and 10 Verium. The winner will be announced at the end of the week on Btctalk, Slack, Twitter and Facebook. Come Join the Future  More give aways to come, including bounties and lotteries. https://vericoinandveriuminvite.herokuapp.com/
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MAD945
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April 07, 2017, 06:36:25 AM |
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20 more members till the 100th member(singular) who will receive 100 Vericoin and 10 Verium. Come join the slack and find out what's in the pipe for development. Gaining lots of interest in mining Verium and the future vision of the pairing of VeriCoin and Verium! https://vericoinandveriuminvite.herokuapp.com/
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jacko0088
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April 07, 2017, 08:39:24 AM Last edit: April 07, 2017, 10:51:44 AM by jacko0088 |
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I've just switched Veriumjack to the main supernode, all's working perfectly I've also finished and updated the blackjack environment! All's is stabe and ready, have fun! Good luck to all! http://veriumjack.tk
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MAD945
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April 07, 2017, 04:31:08 PM |
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I've just switched Veriumjack to the main supernode, all's working perfectly I've also finished and updated the blackjack environment! All's is stabe and ready, have fun! Good luck to all! http://veriumjack.tk Nice  Going to go play a few rounds
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MAD945
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April 07, 2017, 07:18:08 PM |
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Kevin from Blue Lynx Marketing will be updating the community on the current progress and launch of the media campaign this Monday. He will join the community in Slack.
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MAD945
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April 07, 2017, 09:22:03 PM Last edit: April 07, 2017, 09:40:19 PM by MAD945 |
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Wholly shnits! Lucky guy or girl  I think we will put so more funds into making some more games 
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