[ANN] [ACC] [PoS Token Standard] Accelerator

[MisterLG]

By next week ACC should be listed on Yobit and after that hopefully on CMC.

This is great news mate! Curious what the price will do when it gets listed on Yobit next week Really like this project.

[musclepump]

I tried to register for this airdrop then, but can't receive verification code on my mobile... When is another one opening...

no more airdrops or free coins... best time to buy is now on etherdelta before yobit launches this week

[bengsabeng]

By next week ACC should be listed on Yobit and after that hopefully on CMC.

very pleasant news and will breathe fresh air for ACC coin holders. I am curious about the price of ACC when it is registered in yobit. Hopefully the price is better and this coin is ready to go to the moon

[Nbilal]

Good news, dev team will add ACC on Yobit. I will hold my 2000 ACC for one year. I hope dev team will complete the power station building next year.

Great news waiting for coinexchange 

[shan2026]

Dev team will soon add option to mine Bitcoin Gold.

[kable78]

how to mine it with a metamask give detailed instructions please
 

Do you have ACC token added to metamask?

yes, I want to mine with metamask

[coinlawyer]

UPDATE from dev, I asked about why mining ether by buying ACC from Etherdelta isn't profitable right now. Here is their response


"Yeah, its never going to be profitable to do that. Otherwise anyone could just go buy ACC tokens, and make more money. That would be a scam. We make money by marking up the price of compute orders.  Thats how we build out the datacenter and add more capacity. The prices were really low to start because we needed to test the system at load. But the only way to make money with Accelerator is to buy the token and hold it. The compute pricing is inverse of the token price So if the token price goes up, the compute pricing goes down.


Once our datacenter is built out we will be lowering the compute pricing or building a larger datacenter. A lot more details are going to be released later this week, working on a new site and a built in buy only exchange."

If you guys have anymore questions then just ask.

I like that they are honest enough to say that it won't be profitable, so it's not a scam. But I wonder what's the point if using their computing power always results in a net loss?

If the price of the token goes up, but mining still results in a loss compared to replacing the tokens, then surely you should just sell the tokens, even if it's profitable compared to the price you originally paid. 

Am I missing something? It seems like more thought needs to go into this business model.

This means it isn't profitable if you buy ACC Tokens and instantly use them for mining, you can hodl ACC and use them for mining when the price goes up or you use the tokens from staking every 3 days to mine.

What way of POS mining is more profitable for ACC Tokens: to do mining every 3 days or to do this once of a 90 days?
Is there any working staking calculator for the Accelerator Network or the tool that is calculating coinage address?

[musclepump]

UPDATE from dev, I asked about why mining ether by buying ACC from Etherdelta isn't profitable right now. Here is their response


"Yeah, its never going to be profitable to do that. Otherwise anyone could just go buy ACC tokens, and make more money. That would be a scam. We make money by marking up the price of compute orders.  Thats how we build out the datacenter and add more capacity. The prices were really low to start because we needed to test the system at load. But the only way to make money with Accelerator is to buy the token and hold it. The compute pricing is inverse of the token price So if the token price goes up, the compute pricing goes down.


Once our datacenter is built out we will be lowering the compute pricing or building a larger datacenter. A lot more details are going to be released later this week, working on a new site and a built in buy only exchange."

If you guys have anymore questions then just ask.

I like that they are honest enough to say that it won't be profitable, so it's not a scam. But I wonder what's the point if using their computing power always results in a net loss?

If the price of the token goes up, but mining still results in a loss compared to replacing the tokens, then surely you should just sell the tokens, even if it's profitable compared to the price you originally paid. 

Am I missing something? It seems like more thought needs to go into this business model.

This means it isn't profitable if you buy ACC Tokens and instantly use them for mining, you can hodl ACC and use them for mining when the price goes up or you use the tokens from staking every 3 days to mine.

What way of POS mining is more profitable for ACC Tokens: to do mining every 3 days or to do this once of a 90 days?
Is there any working staking calculator for the Accelerator Network or the tool that is calculating coinage address?

Staking calculator is on the website

[shan2026]

how to mine it with a metamask give detailed instructions please
 

Do you have ACC token added to metamask?

yes, I want to mine with metamask

Send yourself 0.000001 ACC tokens in metamask. Work same way in both wallets.

[jkooi]

Value is rising steady. But volume is really low

[shan2026]

Option of mining Bitcoin Gold has been added.

[vb01]

Option of mining Bitcoin Gold has been added.

Yeah, and they are planning to add more tokens by end of year. I think this will be very profitable for people who get in now.

[shan2026]

Option of mining Bitcoin Gold has been added.

Yeah, and they are planning to add more tokens by end of year. I think this will be very profitable for people who get in now.

It will be on Yobit soon, yet to get listed on Coinmarketcap. Very low profile for now and perfect time to accumulate on ED. Stacking it also give reason to people not dump, that's why you don't see too many sellers on ED.

[papapito]

here is a few comparaison of staking reward depending of the periodicity of the claim

If you ask every 3 months 0.45% x 90 day , which is 40%,  at the end of the year it will be 40% 4 time cumulative growth which is 284%.

If you ask every 3 days, 0.45% x 3, which is 1.35% , at the end of the year it will be 1.35% 122 time cumulative growth wich is 413%.

So I guess there is something I dont get as the maximal annual reward is 300%

Is the 300% capped or I m wrong ?

[shan2026]

here is a few comparaison of staking reward depending of the periodicity of the claim

If you ask every 3 months 0.45% x 90 day , which is 40%,  at the end of the year it will be 40% 4 time cumulative growth which is 284%.

If you ask every 3 days, 0.45% x 3, which is 1.35% , at the end of the year it will be 1.35% 122 time cumulative growth wich is 413%.

So I guess there is something I dont get as the maximal annual reward is 300%

Is the 300% capped or I m wrong ?

Dev response

"Its 165% interest, but becomes 300% with compound interest. Actually more than 300% if you mine every 3 days. You get 300% if you mine only 4 times. Its not .45% thats rounded, its .45XXXX something."

Basically if you start off with 1000 ACC then you can get more then 3000 ACC by end of the year if you mine every 3rd day because of compunding interest. If you mine 3 times then you will get 3000 ACC. Obviously it depend on holding and time. After 1st year of token, 300% will be reduced to 100% starting 2018 Octuber.

[shan2026]

Mining every 3rd day is better option, especially if you have 1000 ACC or more. In that case overall increase will be more by end of the year because of compounding interest. First year increase will be 415% provided you mine every 3rd day and don't move out any ACC to sell etc

[diezorocket]

one of the coolest projects I look forward to continued growth and development
excited to begin mining Bitcoin gold with your platform
best regards

[bengsabeng]

I see people talking about mining. Can I still do mining? I also want to do mining. how much do I at least have ACC coins to do the mining and profit that I will get after a few days? I really like mining

[musclepump]

Mining every 3rd day is better option, especially if you have 1000 ACC or more. In that case overall increase will be more by end of the year because of compounding interest. First year increase will be 415% provided you mine every 3rd day and don't move out any ACC to sell etc

Can we all use similar terms to not confuse people....

Staking and mining are two different things..

Staking your coins are where you hold coins for 3-90 days and stake your reward by sending coins to yourself* in return you get more ACC tokens...

Mining.. Is where you SPEND your ACC tokens in return for mining other coins. Such as Eth or btg at the moment or other coins in the near future..


I think I'd would much less confusing if we all can use they same terms and people can understand this token more

[shan2026]

Mining every 3rd day is better option, especially if you have 1000 ACC or more. In that case overall increase will be more by end of the year because of compounding interest. First year increase will be 415% provided you mine every 3rd day and don't move out any ACC to sell etc

Can we all use similar terms to not confuse people....

Staking and mining are two different things..

Staking your coins are where you hold coins for 3-90 days and stake your reward by sending coins to yourself* in return you get more ACC tokens...

Mining.. Is where you SPEND your ACC tokens in return for mining other coins. Such as Eth or btg at the moment or other coins in the near future..


I think I'd would much less confusing if we all can use they same terms and people can understand this token more

You are right its just that in official guide its mentioned as mining