This journal has over 10,000 views!!! Thanks Everyone!I finally have time to do the book keeping and do my wrap up for the month. Its been a good month for HBN. While most alts have been decimated and the derps keep chasing dragons with scamcoin pump and dumps, most hobos, including myself, have done very well.
Here are the numbers
March:PoS coins mined: 6433.964225 HBN
Orphans: stopped counting
Biggest PoS block: 290.136065 HBN
Year Total:PoS coins mined: 13109.431849 HBN
Orphans: no clue
Biggest PoS block: 874.411018 HBN
Account Size:88830.046328 HBN
I have sold 11000 HBN to date. Although I would have loved to compound the PoS coins, I observed some trading opportunities in other markets. Since the coins sold are only PoS mined coins, then using the profits else where fits well with my trading plan. I am still maintaining my core position.
If you guys see the journal address, it shows only 78863.233563 HBN. I moved some coins over to another address which holds 10549.590207 HBN. These two addresses make up the journal, I decided to give multiple wallets a try so that is the reason for the two wallets. So the second address is Eq1c3DCggLwezQcXPbciYVSgaGd3feAcXS and the main address is F279k6BLzn9YPh2ARx35jo2HPLJL2S8cHr. These two addresses combined actually put me in 6th place on the richlist, and not 8th as you see. I also put these two address up so that anyone can verify the amounts and the inputs/outputs of the wallets. I want to be transparent and let everyone know that this journal is "block-chain" verifiable.
I have gotten a good start to April's PoS mining. I feel asleep watching some documentaries last night and had the wallet running. Woke up this morning to find some freshly minted coins in my wallet. I am still well below my "1 BTC" of HBN, so these coins, along with the others, will continue to compound and stake. see another reason below.
ASICS are coming, hide yo kids, hide yo wife. So we all know that Scrypt ASICS are here. The next fews months are crucial on how we handle our investment. We all know that ASICS had a part in the run up in the price of BTC. The answer is simple, when coins get really hard to mine, the logical thing to due is to buy them. We all know that coins like HBN, PHS and NVC are incredibly hard to mine with current hardware. all it takes is a few KNC Titan miners to secure these blockchains and you can forget about average joe with his GPUs getting coins for himself. We all know that a properly maintained and secured PoW/PoS blockchain is valuable. I believe that HBN will reward the long-term players a hundred fold.
So if you have the discipline and the mindset of a professional, then waiting a few months to see how big time Scrypt ASICS affect HBN is not hard. Feel free to take some profit off the table, how you determine that is up to you. But I would suggest that you guys keep a core position and trade around it. Best of luck to everyone, I hope you guys are having as much fun as I am minting HBN.
Final thought“Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.”
― Albert Einstein
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fhenrymakow.com%2Fupload_images%2FB7_albert_einstein.jpg&t=665&c=atku4GKItjZXhQ)
I think he would approve of this journal.