zyronx
Legendary
Offline
Activity: 1078
Merit: 1001
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February 24, 2014, 05:16:51 AM |
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I have been using the azure free cloud vm trial. almost burned throught he 200 mining EBT almost mined 4,000 in the last few days. Hope I can beef my own pc soon with a better vidcard so I can mine higher! I love this coin! EBT!!!!!!!!!!!!
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mashac
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February 24, 2014, 06:16:33 AM |
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Good to know that EBT is starting to get it's much deserved attention. I am an early adopter(stopped mining for now, since buying EBT is more profitable) and will hold all my coins, no matter what..
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Jeezy911
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February 24, 2014, 06:23:25 AM |
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POW, POS is the future
I could have told you that 3.5 weeks ago when EBT was brand new and I put 100% mining power on it. Sorry was too busy mining mint, I think I did ok with that choice.
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Bl4ckw00d
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February 24, 2014, 06:55:18 AM |
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I think the POS thing needs explained more. Do i need to solo mine to get access to my POS shares?
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EBT (OP)
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February 24, 2014, 06:57:37 AM |
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I think the POS thing needs explained more. Do i need to solo mine to get access to my POS shares?
Okay, we'll see if we can beef up the explanation for you guys but to answer your question no, you do not need to solo mine the coins. As long as they are in your wallet and your wallet is unlocked when it comes time to stake you'll be set.
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Bl4ckw00d
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February 24, 2014, 06:58:57 AM |
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Awesome! Thanks for the quick reply DEV
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Jonesd
Legendary
Offline
Activity: 1876
Merit: 1014
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February 24, 2014, 07:03:47 AM |
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I think the POS thing needs explained more. Do i need to solo mine to get access to my POS shares?
Okay, we'll see if we can beef up the explanation for you guys but to answer your question no, you do not need to solo mine the coins. As long as they are in your wallet and your wallet is unlocked when it comes time to stake you'll be set. Isn't it similar to interest you get at a bank? If you synch your coins with the network (like putting money in your savings account), you get a % of new coins after a while.
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Co-Founder and Managing Partner of Block Bastards
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EBT (OP)
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February 24, 2014, 07:05:58 AM |
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I think the POS thing needs explained more. Do i need to solo mine to get access to my POS shares?
Okay, we'll see if we can beef up the explanation for you guys but to answer your question no, you do not need to solo mine the coins. As long as they are in your wallet and your wallet is unlocked when it comes time to stake you'll be set. Isn't it similar to interest you get at a bank? If you synch your coins with the network (like putting money in your savings account), you get a % of new coins after a while. Yep, that's pretty much it in a nutshell. After 30 days you'll start to get stake on the coins then after 90 days it'll stop and you can transfer the coins out of the wallet and back in to begin at day 1.
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Jonesd
Legendary
Offline
Activity: 1876
Merit: 1014
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February 24, 2014, 07:07:58 AM |
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I think the POS thing needs explained more. Do i need to solo mine to get access to my POS shares?
Okay, we'll see if we can beef up the explanation for you guys but to answer your question no, you do not need to solo mine the coins. As long as they are in your wallet and your wallet is unlocked when it comes time to stake you'll be set. Isn't it similar to interest you get at a bank? If you synch your coins with the network (like putting money in your savings account), you get a % of new coins after a while. Yep, that's pretty much it in a nutshell. After 30 days you'll start to get stake on the coins then after 90 days it'll stop and you can transfer the coins out of the wallet and back in to begin at day 1. The part about transferring it in and out is new to me. Isn't that a hassle you can prevent be letting the wallet do it automatically in the background?
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Co-Founder and Managing Partner of Block Bastards
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zyronx
Legendary
Offline
Activity: 1078
Merit: 1001
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February 24, 2014, 07:12:48 AM |
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Is unlocking mean unenrcrypted? still new and confused on that aspect.
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illodin
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February 24, 2014, 07:17:59 AM |
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The part about transferring it in and out is new to me. Isn't that a hassle you can prevent be letting the wallet do it automatically in the background?
Sure but that would require coding and coding is hard.
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Jonesd
Legendary
Offline
Activity: 1876
Merit: 1014
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February 24, 2014, 07:34:22 AM |
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The part about transferring it in and out is new to me. Isn't that a hassle you can prevent be letting the wallet do it automatically in the background?
Sure but that would require coding and coding is hard. Of course Bounty?
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Co-Founder and Managing Partner of Block Bastards
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EBT (OP)
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February 24, 2014, 07:38:55 AM |
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The part about transferring it in and out is new to me. Isn't that a hassle you can prevent be letting the wallet do it automatically in the background?
Sure but that would require coding and coding is hard. Of course Bounty? That kinda defeats the point of limiting the stake...I normally wouldn't have mentioned it but people figure it out anyways. It's not that hard to do manually guys. Keeps ya involved with the coin and encourages moving it around and spending.
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Jonesd
Legendary
Offline
Activity: 1876
Merit: 1014
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February 24, 2014, 07:47:50 AM |
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The part about transferring it in and out is new to me. Isn't that a hassle you can prevent be letting the wallet do it automatically in the background?
Sure but that would require coding and coding is hard. Of course Bounty? That kinda defeats the point of limiting the stake...I normally wouldn't have mentioned it but people figure it out anyways. It's not that hard to do manually guys. Keeps ya involved with the coin and encourages moving it around and spending. Good point.
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Co-Founder and Managing Partner of Block Bastards
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EBT (OP)
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February 24, 2014, 07:48:51 AM |
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"Are we missing a good coin to be voted on? File a support ticket to get it added, we'll need the acronym, name and announce thread."Send em in!
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Jonesd
Legendary
Offline
Activity: 1876
Merit: 1014
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February 24, 2014, 07:49:05 AM |
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Co-Founder and Managing Partner of Block Bastards
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spartak_t
Legendary
Offline
Activity: 1960
Merit: 1176
@FAILCommunity
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February 24, 2014, 08:29:06 AM |
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CryptoRush wants 0.25 BTC for the coin to be listed. I don't think that they deserve to discuss them.
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