[ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto

[Yolocoind]

Need to know when the block reward will be cut in half…calendar or block 525,600?  If solarcoin block rates climb to 50k-60k+/month with ASICs, and it's block based, we'll be there well before the end of the year.

From main.cpp:
nSubsidy >>= (nHeight / 525600);

The block reward will be cut in half on block 525'600.

[1715065454]

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[1715065454]

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[LuckyKey]

Need to know when the block reward will be cut in half…calendar or block 525,600?  If solarcoin block rates climb to 50k-60k+/month with ASICs, and it's block based, we'll be there well before the end of the year.

From main.cpp:
nSubsidy >>= (nHeight / 525600);

The block reward will be cut in half on block 525'600.

Thx :-)

[vipgelsi]

Nick's interview on Bitcoins & Gravy. Enjoy!

http://www.bitcoinsandgravy.com/episode17/

Thanks! Great interview this thing could be huge.

[fabula]

Need to know when the block reward will be cut in half…calendar or block 525,600?  If solarcoin block rates climb to 50k-60k+/month with ASICs, and it's block based, we'll be there well before the end of the year.

From main.cpp:
nSubsidy >>= (nHeight / 525600);

The block reward will be cut in half on block 525'600.

Thx :-)

I'm waiting for that!
Any suggestion when block half cut?
-Solarcoin price have to double/triple immediately?
-Mass miners left and solarcoin will die?

Nowadays with 1 mah/s and currently difficulty at 8, withdrawl is about 180 per day. Then will be 90 per day, resulting solarcoin as "rare crypto" if price will triple. If price remain the same, 99% miners go away and let it die. 

We will see.

[gilbertzk3r]

solarcoin
energycoin
brother coins?

[Yolocoind]

-Solarcoin price have to double/triple immediately?
-Mass miners left and solarcoin will die?

Nowadays with 1 mah/s and currently difficulty at 8, withdrawl is about 180 per day. Then will be 90 per day, resulting solarcoin as "rare crypto" if price will triple. If price remain the same, 99% miners go away and let it die. 

We will see.

Mining isn't the only way to get Solarcoins 

•The Mining Pool: 105 Million SolarCoins (0.1%) to be publicly mined over the next 40 years. All publicly mined SolarCoins represent historically generated and unclaimed solar electricity.
•The Generator Pool: 97.5 Billion SolarCoins (99.4%) are currently stored in the OCA non-circulating generation pool account. These will be exchanged for “proof of work” claims of solar electricity generation submitted over the next 40 years at the rate of 1 SLR per MWh of solar energy.
•The Genesis Pool: 500 Million SolarCoins (0.5%) are stored in the genesis pool account for environmental charities, early volunteers, advisers, builders and maintainers of SolarCoin infrastructure. Genesis pool circulation is capped so that it will never represent more than 5% of total SolarCoin in circulation.

[passionsurf]

Any suggestion when block half cut?
-Solarcoin price have to double/triple immediately?
-Mass miners left and solarcoin will die?

The block payout is supposed to cut in half about a year after release (so January 2015). And while the theory is that the price should increase, what is just as likely to happen (if you have followed other coins, like Mintcoin), is that instead of the price increasing, the total network hash is cut in half.

But since Solarcoin is different than other coins (being that the marketing is stronger to the realm of people outside the mining world), it may not act like other coins as the difficulty is halved. I guess we will see.

[LuckyKey]

As a miner, I sure wish it was x11….be nice to mine without the ASIC interference and with much less hydro and heat :-)

[freebird]

Any suggestion when block half cut?
-Solarcoin price have to double/triple immediately?
-Mass miners left and solarcoin will die?

The block payout is supposed to cut in half about a year after release (so January 2015). And while the theory is that the price should increase, what is just as likely to happen (if you have followed other coins, like Mintcoin), is that instead of the price increasing, the total network hash is cut in half.

But since Solarcoin is different than other coins (being that the marketing is stronger to the realm of people outside the mining world), it may not act like other coins as the difficulty is halved. I guess we will see.

Yeah, I suspect that the price will depend a lot more on investment by non-crypto people and hopefully adoption by major solar energy businesses (e.g. SolarCity), and won't be influenced as much by the mining rewards. SolarCoin is a very unusual altcoin and is pursuing a strategy of staying under the radar among the crypto community while working behind the scenes to build a long-term infrastructure that will be attractive in the real economy. Hopefully this strategy will work... I think it has a good chance.

[bit-coin.pt]

Wow, This Video PROVES That Solar Roadways Are The Future! My Mind Is Blown!

This story we hope you will find as educational and awesome as we did. We hope it encourages more people to take risks and develop innovations that help the world.

http://sfglobe.com/?id=832&src=share_fb_new_832

[Epiphany]

Here are all three of the interviews from the Bitcoins & Gravy Show on You Tube for easier sharing.

https://www.youtube.com/watch?v=GF8u_d7-VXI&feature=youtu.be

[vipgelsi]

Here are all three of the interviews from the Bitcoins & Gravy Show on You Tube for easier sharing.

https://www.youtube.com/watch?v=GF8u_d7-VXI&feature=youtu.be

Thanks!

[source99]

This is the end of solarcoin.  After this round the difficulty is gonna stay spiked at 40+ for weeks with no miners. 

[corather]

This is the end of solarcoin.  After this round the difficulty is gonna stay spiked at 40+ for weeks with no miners. 

You aren't frightening.

Solarcoin is a beacon for what crypto should will be.

Take your scare tactics to another audience.

I don't think clowns are scarey.

[fabula]

Wow. 1,953,881 hasrate. Congratulations! You're the man!

[LuckyKey]

Wow. 1,953,881 hasrate. Congratulations! You're the man!

Ouch! - gonna be some multipool coins coming soon:

anonymous    
1,609,375 KH/s    
1,136,287 SLR/Day

[LuckyKey]

This is the end of solarcoin.  After this round the difficulty is gonna stay spiked at 40+ for weeks with no miners. 

You aren't frightening.

Solarcoin is a beacon for what crypto should will be.

Take your scare tactics to another audience.

I don't think clowns are scarey.

He's not far off.  If this mining hash stays on too long, the next difficulty could be close to 40, for a few days, and pretty much halt mining during that period.

[LuckyKey]

This is the end of solarcoin.  After this round the difficulty is gonna stay spiked at 40+ for weeks with no miners. 

You aren't frightening.

Solarcoin is a beacon for what crypto should will be.

Take your scare tactics to another audience.

I don't think clowns are scarey.

He's not far off.  If this mining hash stays on too long, the next difficulty could be close to 40, for a few days, and pretty much halt mining during that period.

That much power is rushing through the blocks, down to 700 until the next difficulty setting…they have been typically jumping off early, leaving difficulty near 8 or so (which pretty much stops most of the mining anyhow).  But, if it's left this high, it will almost guarantee to halt mining for days.

[freebird]

This is the end of solarcoin.  After this round the difficulty is gonna stay spiked at 40+ for weeks with no miners. 

The founders of SolarCoin are serious about their investment in this project. If worst comes to worst, I'm sure they'll just rent mining rigs themselves to keep things going and prevent a hung coin.

[Sunuser]

http://24.media.tumblr.com/71de195c28d4e2f1cd0c2495d3942983/tumblr_mpscugB9yF1rldogho1_250.gif

Net hash 2.2 Gh/s

Diff to 30.61840639