New Video for all to see..............

http://youtu.be/uWuun8g5UJcHobbitcoin Mine Strong.

Journey Began January 29, 2014

NO PRE-MINING BECAUSE HOBBITS DON’T PRE-MINE

Scrypt based

Hobbits Pay

1 minute block targets

subsidy halves in 2.1M blocks (~4 years)

~10 billion total coins

1000 coins per block with an additional 50,000 bonus payout possible based on the current block number

0-100,000 blocks => 1,000 + 50% chance of 50,000 bonus

100,000-200,000 blocks => 1,000 + 25% chance of 50,000 bonus

200,000-300,000 blocks => 1,000 + 15% chance of 50,000 bonus

300,000-400,000 blocks => 1,000 + 10% chance of 50,000 bonus

400,000-500,000 blocks => 1,000 + 5% chance of 50,000 bonus

500,000-600,000 blocks => 1,000 + 5% chance of 50,000 bonus

600,000-700,000 blocks => 1,000 + 5% chance of 50,000 bonus

700,000-800,000 blocks => 1,000 + 5% chance of 50,000 bonus

800,000-900,000 blocks => 1,000 + 5% chance of 50,000 bonus

240 blocks to retarget difficulty

Hobbits Mine Together

http://pool.hobbit.co.in