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Author Topic: [ANN][HLM] HELIUM  (Read 165670 times)
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moonstruck
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October 27, 2017, 08:32:08 PM
 #1581

I cannot wait to get my babies mining some Helium Wink

Are you going to mine with D3s? If yes, isn't it more profitable to mine Dash, sell it and buy HLM?

Hi Buddy,

Not sure I'm currently using my D3's on prohashing > paying out in Vertcoin and doing much better than just Dash atm.



What makes you think i would be better on Dash than just straight up mining mate?

If the difficulty starts low wouldn't mining be better?

I don't really know, but would like to know the answer.... All I know is as we speak, before the public launch, the Helium team is building up the difficulty to make sure it is high enough for the start.... Si I have no idea.

Why does difficulty need to be adjusted up for launch if Helium has implemented DGW as planned? Doesn't make sense to me.

=The team is "building up the difficulty" by premining the shit out of it  Roll Eyes
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mdude77
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October 27, 2017, 08:54:56 PM
 #1582

=The team is "building up the difficulty" by premining the shit out of it  Roll Eyes

Where exactly do you think all the HLM is going to come from that all SPR holders are due?  One can't just make it out of thin air.  Someone has to mine it, and then the accounts have to be funded.

Think of Topia.  They say all these users have HLM in their wallet.  Topia has to have HLM to back it up in their master wallet.

Right?

M

I mine at Kano's Pool because it pays the best and is completely transparent!  Come join me!
moonstruck
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October 27, 2017, 09:35:08 PM
 #1583

=The team is "building up the difficulty" by premining the shit out of it  Roll Eyes

Where exactly do you think all the HLM is going to come from that all SPR holders are due?  One can't just make it out of thin air.  Someone has to mine it, and then the accounts have to be funded.

Think of Topia.  They say all these users have HLM in their wallet.  Topia has to have HLM to back it up in their master wallet.

Right?

M

Apologies for not reading better about helium then.
However:
Since Dash's circulating supply is 7,647M, and spreadcoins supply is 8,991M, how are you going to accumulate 1,344 extra helium to compensate?
What happens to the unclaimed spreadcoin?
Is there going to be insight in how much premine is going to be kept?
mdude77
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October 27, 2017, 09:46:05 PM
 #1584

=The team is "building up the difficulty" by premining the shit out of it  Roll Eyes

Where exactly do you think all the HLM is going to come from that all SPR holders are due?  One can't just make it out of thin air.  Someone has to mine it, and then the accounts have to be funded.

Think of Topia.  They say all these users have HLM in their wallet.  Topia has to have HLM to back it up in their master wallet.

Right?

M

Apologies for not reading better about helium then.
However:
Since Dash's circulating supply is 7,647M, and spreadcoins supply is 8,991M, how are you going to accumulate 1,344 extra helium to compensate?
What happens to the unclaimed spreadcoin?
Is there going to be insight in how much premine is going to be kept?

I don't think this is a fork of Dash.  Just based on the same code.

M

I mine at Kano's Pool because it pays the best and is completely transparent!  Come join me!
tradingdisaster
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October 27, 2017, 10:10:09 PM
 #1585

Apologies for not reading better about helium then.
However:
Since Dash's circulating supply is 7,647M, and spreadcoins supply is 8,991M, how are you going to accumulate 1,344 extra helium to compensate?
What happens to the unclaimed spreadcoin?
Is there going to be insight in how much premine is going to be kept?

Where does DASH come in? This is a 1:1 drop for SPR holders. So, 8.991m HLM will initially exist. On the very first page of this thread (ever read it?) it reads:

Quote
* Total Coin Supply 20m
* Block release is 7% per year

So, yeah, you are right, if the team stalls the release for 4 weeks, it can mine 0.8%. Whoop-dee-doop, what a scam. Considering this is an airdrop that has been months in the making.

PLEASE: before you come barging in with some accusations, at least do your home-work.
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October 28, 2017, 01:30:46 AM
 #1586

who got the helium coins that was on other wallets than cryptopia or his own? are they lost?

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adeelnk
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October 28, 2017, 05:36:23 AM
 #1587

Any idea when will Helium become mineable?
jcowallace1968
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October 28, 2017, 05:46:30 AM
 #1588

I dont understand this "Block reward: 45% miners; 45% master nodes; 10% project development funding". How much coin reward each block? and 45% mean 0.45 HLM or 45% block reward or 45% HLM mine in that block.

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October 28, 2017, 06:23:24 AM
 #1589

I dont understand this "Block reward: 45% miners; 45% master nodes; 10% project development funding". How much coin reward each block? and 45% mean 0.45 HLM or 45% block reward or 45% HLM mine in that block.

Each time a block is mined, 45% goes to the winning miner or pool. 45% is sent to the active masternodes and 10% is reserved for the treasury.

thesavoyard
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October 28, 2017, 06:26:48 AM
 #1590

Apologies for not reading better about helium then.
However:
Since Dash's circulating supply is 7,647M, and spreadcoins supply is 8,991M, how are you going to accumulate 1,344 extra helium to compensate?
What happens to the unclaimed spreadcoin?
Is there going to be insight in how much premine is going to be kept?

Where does DASH come in? This is a 1:1 drop for SPR holders. So, 8.991m HLM will initially exist. On the very first page of this thread (ever read it?) it reads:

Quote
* Total Coin Supply 20m
* Block release is 7% per year

So, yeah, you are right, if the team stalls the release for 4 weeks, it can mine 0.8%. Whoop-dee-doop, what a scam. Considering this is an airdrop that has been months in the making.

PLEASE: before you come barging in with some accusations, at least do your home-work.

Because Helium is based on Dash's code. It is not a fork of the Dash blockchain but using Dash from Github to build Helium. It's not exactly a clone since it will have unique code and a different roadmap.

szfinx
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October 28, 2017, 07:54:33 AM
 #1591

who got the helium coins that was on other wallets than cryptopia or his own? are they lost?

If you had your coin in your own SPR wallet, then you will get your coins after the public launch. Nobody has them now, not even on Cryptopia.
But you you had your coins in Bittrex or Yobit, they didn't support the snapshot, the SPR owners won't be eligible to equal amount of HLM.

LeonidSrt
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October 28, 2017, 02:59:43 PM
 #1592

Each time a block is mined, 45% goes to the winning miner or pool. 45% is sent to the active masternodes and 10% is reserved for the treasury.
A correction: based on my experience with other masternode coins, I'd say that for each block 45% of the block reward is sent to one (winning) masternode, selected randomly from the active ones.

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jchi2210
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October 28, 2017, 03:57:11 PM
 #1593

Each time a block is mined, 45% goes to the winning miner or pool. 45% is sent to the active masternodes and 10% is reserved for the treasury.
A correction: based on my experience with other masternode coins, I'd say that for each block 45% of the block reward is sent to one (winning) masternode, selected randomly from the active ones.


How do you host a masternode? I'm interested in doing it.

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nordwest
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October 28, 2017, 07:12:07 PM
 #1594

Tell me what to do with SPR coins, as I understand it, can this be exchanged for HLM? Tell me in more detail.
mdude77
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October 28, 2017, 07:20:45 PM
 #1595

Tell me what to do with SPR coins, as I understand it, can this be exchanged for HLM? Tell me in more detail.


Please read the first page.

M

I mine at Kano's Pool because it pays the best and is completely transparent!  Come join me!
cinogrin
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October 28, 2017, 08:00:33 PM
 #1596

@HLM Team


Any reason you didn't just put the necessary premine funds into the Genesis Block, versus this "we need to mine for weeks" approach?
mdude77
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October 28, 2017, 08:10:10 PM
 #1597

@HLM Team


Any reason you didn't just put the necessary premine funds into the Genesis Block, versus this "we need to mine for weeks" approach?

I don't believe they've said they are "mining for weeks".  I'm just speculating ... those coins have to come from somewhere.

Maybe a dev will pipe in and indicate what they are doing.

M

I mine at Kano's Pool because it pays the best and is completely transparent!  Come join me!
Maicol792
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October 28, 2017, 08:15:31 PM
 #1598

Sorry but if now I buy spreadcoin I can rendem helium? Thanks
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October 28, 2017, 08:19:14 PM
 #1599

Please when will Helium be on exchanges?
cinogrin
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October 28, 2017, 08:34:19 PM
 #1600

@HLM Team


Any reason you didn't just put the necessary premine funds into the Genesis Block, versus this "we need to mine for weeks" approach?

I don't believe they've said they are "mining for weeks".  I'm just speculating ... those coins have to come from somewhere.

Maybe a dev will pipe in and indicate what they are doing.

M


Right, which is my genesis block question. You can have the very first block award any amount you want and then go back to the normal emission for future blocks, it's actually quite simple.
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