testaaaa11
Newbie
 Offline
Activity: 30
Merit: 0
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October 19, 2017, 04:06:45 PM |
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So if 0.1 BTC purchases 33,333 votecoin then each votecoin is worth 333 sat (approx $0.01). As of this posting 28.46 BTC has been raised out of their expected 200 BTC estimate. Ouch.
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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twente-mining
Member
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Activity: 176
Merit: 10
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October 19, 2017, 09:13:57 PM |
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So if 0.1 BTC purchases 33,333 votecoin then each votecoin is worth 333 sat (approx $0.01). As of this posting 28.46 BTC has been raised out of their expected 200 BTC estimate. Ouch.
I mined a few, but as soon i see 28 of the 200 BTC i stopped and switched to other coins. Not worth the risk pointing my miners at this moment seeing they are selling of those Vote's with that much bonus. As a miner a feel bad about that.. So i will wait it out, and see what happens. |
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votecoin.site (OP)
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October 20, 2017, 07:48:42 AM |
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So if 0.1 BTC purchases 33,333 votecoin then each votecoin is worth 333 sat (approx $0.01). As of this posting 28.46 BTC has been raised out of their expected 200 BTC estimate. Ouch.
The VoteCoin network hashrate is around 500 Ksol/s long term. Such power costs 0.4 BTC per day and daily network reward is 74000 VOT That means mining 1 VOT costs 0.03 USD. If you purchase VOT in ICO, you get VOT for $0.01, that is THREE TIMES CHEAPER. |
VoteCoin - a new era of anonymous crypto democracy
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pinball_wizard
Full Member
Offline
Activity: 702
Merit: 102
I am the Kung Fury...
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October 20, 2017, 07:57:09 AM |
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No reward for miners?
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votecoin.site (OP)
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October 20, 2017, 08:42:29 AM |
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No reward for miners?
Miners get their reward already... from mining. |
VoteCoin - a new era of anonymous crypto democracy
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achkn
Member
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Activity: 183
Merit: 10
Cryptobiosis
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October 20, 2017, 09:57:43 AM
Last edit: October 20, 2017, 10:10:22 AM by achkn |
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IMHO I think you need to burn unsold coins. No one will lose anything from this. It will be fair. Or spend on the development of this coin in the future. And no one will lose anything from this. It will be fair. But if u add 600% nothing happens. And no one will lose anything from this. It will be fair. But coin price will fall, and we can get 600% dump  This coin is perfect. No dump please Burn unsold i think the best variant. |
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Alexey Sukharev
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October 20, 2017, 10:07:16 AM |
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Thought the same... Burn unsold.
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uralcryptocoin
Sr. Member
Offline
Activity: 1042
Merit: 328
SIGNATURE CREATION by uralcryptocoin
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October 20, 2017, 10:17:35 AM |
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So if 0.1 BTC purchases 33,333 votecoin then each votecoin is worth 333 sat (approx $0.01). As of this posting 28.46 BTC has been raised out of their expected 200 BTC estimate. Ouch.
The VoteCoin network hashrate is around 500 Ksol/s long term. Such power costs 0.4 BTC per day and daily network reward is 74000 VOTThat means mining 1 VOT costs 0.03 USD. If you purchase VOT in ICO, you get VOT for $0.01, that is THREE TIMES CHEAPER.It's too high electricity cost. Upon the average mining of 1VOT costs about 0.005-0.01 $ |
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BTC Bitcoin: A Peer-to-Peer Electronic Cash System BTC
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone. |
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boo50
Sr. Member
Offline
Activity: 472
Merit: 250
lux8.net
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October 20, 2017, 11:00:54 AM |
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Burn unsold coins is great solution, but bonus was stated in whitepaper from the start, so I think it's impossible now.
And we need a real market to talk about price. Cross fingers to poloniex decigion.
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achkn
Member
Offline
Activity: 183
Merit: 10
Cryptobiosis
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October 20, 2017, 12:02:22 PM |
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So if 0.1 BTC purchases 33,333 votecoin then each votecoin is worth 333 sat (approx $0.01). As of this posting 28.46 BTC has been raised out of their expected 200 BTC estimate. Ouch.
The VoteCoin network hashrate is around 500 Ksol/s long term. Such power costs 0.4 BTC per day and daily network reward is 74000 VOTThat means mining 1 VOT costs 0.03 USD. If you purchase VOT in ICO, you get VOT for $0.01, that is THREE TIMES CHEAPER.It's too high electricity cost. Upon the average mining of 1VOT costs about 0.005-0.01 $ GTX 1060 for example - 150 coins per day. 120W/h of power. 120*24=2880WpD 2880/150=19,2 to VOT per day New York 15.28 Cents per kW 0,1528$ 2,880*0,1528=0,440064$ per Day 0,440064/150=0,00293376$ 0,00293376/5646(Current BTC price)=0.00000051 SAT per VOT ICO PRICE 0.00002 + 600%bonus = 0.00000333 SAT per VOT 0,00000285-0.00000051=0.00000234 SAT profit 0.00000051 SAT pure energy price 0,00293376$ per VOT 0,00000285 SAT ICO price 0,016124976$ now per VOT |
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uralcryptocoin
Sr. Member
Offline
Activity: 1042
Merit: 328
SIGNATURE CREATION by uralcryptocoin
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October 20, 2017, 02:05:33 PM |
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So if 0.1 BTC purchases 33,333 votecoin then each votecoin is worth 333 sat (approx $0.01). As of this posting 28.46 BTC has been raised out of their expected 200 BTC estimate. Ouch.
The VoteCoin network hashrate is around 500 Ksol/s long term. Such power costs 0.4 BTC per day and daily network reward is 74000 VOTThat means mining 1 VOT costs 0.03 USD. If you purchase VOT in ICO, you get VOT for $0.01, that is THREE TIMES CHEAPER.It's too high electricity cost. Upon the average mining of 1VOT costs about 0.005-0.01 $ GTX 1060 for example - 150 coins per day. 120W/h of power. 120*24=2880WpD 2880/150=19,2 to VOT per day New York 15.28 Cents per kW 0,1528$ 2,880*0,1528=0,440064$ per Day 0,440064/150=0,00293376$ 0,00293376/5646(Current BTC price)=0.00000051 SAT per VOT ICO PRICE 0.00002 + 600%bonus = 0.00000333 SAT per VOT 0,00000285-0.00000051=0.00000234 SAT profit 0.00000051 SAT pure energy price 0,00293376$ per VOT 0,00000285 SAT ICO price 0,016124976$ now per VOT Strange calculation: GTX1060 gives about 300 sol/s. At current net hashrate 450000 sol/s GTX1060 will give 300/450000*72000= 48 VOT And I wouldn't like to live in NY  At my countryside electricity about 2-3 cents per kW/h Thus for approximatelly correct calc should take a mean value of electricity cost |
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BTC Bitcoin: A Peer-to-Peer Electronic Cash System BTC
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone. |
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miguelborges99
Jr. Member
Offline
Activity: 57
Merit: 1
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October 20, 2017, 02:09:32 PM |
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Will there be an airdrop?
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achkn
Member
Offline
Activity: 183
Merit: 10
Cryptobiosis
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October 20, 2017, 06:12:39 PM |
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So if 0.1 BTC purchases 33,333 votecoin then each votecoin is worth 333 sat (approx $0.01). As of this posting 28.46 BTC has been raised out of their expected 200 BTC estimate. Ouch.
The VoteCoin network hashrate is around 500 Ksol/s long term. Such power costs 0.4 BTC per day and daily network reward is 74000 VOTThat means mining 1 VOT costs 0.03 USD. If you purchase VOT in ICO, you get VOT for $0.01, that is THREE TIMES CHEAPER.It's too high electricity cost. Upon the average mining of 1VOT costs about 0.005-0.01 $ GTX 1060 for example - 150 coins per day. 120W/h of power. 120*24=2880WpD 2880/150=19,2 to VOT per day New York 15.28 Cents per kW 0,1528$ 2,880*0,1528=0,440064$ per Day 0,440064/150=0,00293376$ 0,00293376/5646(Current BTC price)=0.00000051 SAT per VOT ICO PRICE 0.00002 + 600%bonus = 0.00000333 SAT per VOT 0,00000285-0.00000051=0.00000234 SAT profit 0.00000051 SAT pure energy price 0,00293376$ per VOT 0,00000285 SAT ICO price 0,016124976$ now per VOT Strange calculation: GTX1060 gives about 300 sol/s. At current net hashrate 450000 sol/s GTX1060 will give 300/450000*72000= 48 VOT And I wouldn't like to live in NY At my countryside electricity about 2-3 cents per kW/h Thus for approximatelly correct calc should take a mean value of electricity cost Yes at current net hashrate 49 VOT. You right. 1 month of electricity wastage LOL |
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Feel_alive
Newbie
Offline
Activity: 13
Merit: 0
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October 20, 2017, 07:52:44 PM |
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How many coins will be released? can't find information about..
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uralcryptocoin
Sr. Member
Offline
Activity: 1042
Merit: 328
SIGNATURE CREATION by uralcryptocoin
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October 20, 2017, 08:46:55 PM |
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How many coins will be released? can't find information about..
This info in the OP: VoteCoin specifications VOT is a derivative of ZCash source code and follows the same trusted setup provided by the Zcash team. Total suply: 220.000.000 VOTBlock rewards: 125 VOTHashing algorithm: equihash Proof Type: POW (proof of work) ICO suply: 10.000.000 VOT |
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BTC Bitcoin: A Peer-to-Peer Electronic Cash System BTC
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone. |
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votecoin.site (OP)
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October 20, 2017, 08:48:34 PM |
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Less than 12 hours to go. Get your share now  |
VoteCoin - a new era of anonymous crypto democracy
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boo50
Sr. Member
Offline
Activity: 472
Merit: 250
lux8.net
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October 21, 2017, 03:05:55 AM |
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just 5 hours left...
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votecoin.site (OP)
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October 21, 2017, 07:38:04 AM |
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and less than 30 minutes left.
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VoteCoin - a new era of anonymous crypto democracy
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xXuMuKx
Member
Offline
Activity: 109
Merit: 109
✖HODL✖
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October 21, 2017, 08:11:21 AM |
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"The ICO has ended".
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divedaucd
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October 21, 2017, 08:48:53 AM |
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dev, what exchange will be list first or it need some time more?
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