Liten
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Activity: 89
Merit: 10
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November 04, 2017, 09:31:11 PM |
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AMD FX8320 4.5Ghz+Intell I7 QM2730 = 900 XUN
3 hours at the beginning.
From 70 to 200 block.
And apparently everything, the complexity has risen.
Now the guys with the servers will come and that's it, the end.
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whothehellcares
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Activity: 35
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November 04, 2017, 09:43:17 PM
Last edit: November 04, 2017, 10:08:36 PM by whothehellcares |
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Some math, and a question. 85 billion - 18 billion ( reserve ) is 67 billion. Payout is 150-1500 per two minute block. Assume a 1500 payout all the time, since the exact payout is unknown.
71 billion coins / 1500 coins per block is ( rounding all figures ) 45 million blocks. 45 million blocks x 2 minutes per block is 90 million minutes. Or 1,500,000 hours, or 62,000 days, or 170 years? A bit optimistic, don't you think?
It would take 46 years of mining just to equal the reserve......
What is the rest of the story?
*edited to correct math with correct reserve amount*
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Iced
Full Member
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Activity: 636
Merit: 208
Belgian based crypto-enthusiast
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November 04, 2017, 10:30:12 PM |
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AMD FX8320 4.5Ghz+Intell I7 QM2730 = 900 XUN
3 hours at the beginning.
From 70 to 200 block.
And apparently everything, the complexity has risen.
Now the guys with the servers will come and that's it, the end.
you should be happy that you've received something lol mine's still 0 |
No signature for now
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Galapagos
Copper Member
Jr. Member
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Activity: 129
Merit: 2
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November 04, 2017, 11:15:49 PM |
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... dual xeon system, 32 core for two hours and still 0...... I could be not very lucky but here something is not completely right.....
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TheKryptonian
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November 04, 2017, 11:48:58 PM |
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18 billion reserve is so high. Who will want to invest in the coin with such a large dev share? Devs will always hold 95%+ of the coin. No one wants to invest in 0.001% of a coin.
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raven1322
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November 05, 2017, 04:11:24 AM |
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18 billion reserve is so high. Who will want to invest in the coin with such a large dev share? Devs will always hold 95%+ of the coin. No one wants to invest in 0.001% of a coin.
isn't it actually 18B/85B = 21.17% dev share? but at any rate, as a user pointed out in an earlier post, it will take at least 170 years (67B minable coins at 1500 maximum block reward every 2 minutes) to mine the entire supply, which may be too optimistic.. |
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hieu81
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November 05, 2017, 05:14:32 AM |
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Dear all
How can i mining this coin used my PC! I try this UltraNoteWallet-WIN-1.0.0, but i can run miner file
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SmallRig
Full Member
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Activity: 253
Merit: 100
SafeCoin-SAFE
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November 05, 2017, 05:29:56 AM |
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lol . this coin again .. we all will mine then it will crash.. We waste our electricity ..
3rd time u guys are launching .. And guess what ? the diff is so high ? or u guys messed up again ?? No block to be found..
stop wasting ur energy on this.. not worth !
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mattmct
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November 05, 2017, 05:36:39 AM |
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I had coins on the second launch, nothing so far on the 3rd.
They say no pre-mine, but took 18 billion coins, where only 108,000 coins are mined a day, unless my maths is wrong, it will take 461 years to equal that amount of dev coins.
That sounds pretty crazy to me.
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mattmct
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November 05, 2017, 05:37:54 AM |
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Some math, and a question. 85 billion - 18 billion ( reserve ) is 67 billion. Payout is 150-1500 per two minute block. Assume a 1500 payout all the time, since the exact payout is unknown.
71 billion coins / 1500 coins per block is ( rounding all figures ) 45 million blocks. 45 million blocks x 2 minutes per block is 90 million minutes. Or 1,500,000 hours, or 62,000 days, or 170 years? A bit optimistic, don't you think?
It would take 46 years of mining just to equal the reserve......
What is the rest of the story?
*edited to correct math with correct reserve amount*
This exactly. So far it looks like rewards is just 150. So it looking more like 460 years right now lol. |
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commax
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November 05, 2017, 11:02:17 AM |
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Wait for the pool
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sefirotius
Full Member
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Activity: 658
Merit: 102
IDENA.IO - Proof-Of-Person Blockchain
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November 05, 2017, 11:06:59 AM |
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any news for pool?
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Liten
Member
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Activity: 89
Merit: 10
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November 05, 2017, 11:07:49 AM |
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http://xun.minecrypto.de/Collects most of the coins and pays nobody. This is not fair. So do not normal people.
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egynw
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November 05, 2017, 11:15:51 AM |
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any news for pool?
Please wait Pool will be released under 48h and it will be possible to mine using the GUI wallet. If you want to create a pool then please just wait to release node pool source on github.
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chamika888
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November 05, 2017, 11:31:51 AM |
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im mining for this still nothing.will see what happen.  |
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barssib
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Activity: 88
Merit: 10
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November 05, 2017, 11:33:36 AM |
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Why such a huge pre-mine? After all, miners will need 45-450 years, for such a prey as yours
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