kclaw
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February 26, 2014, 04:56:17 PM |
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illodin
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February 26, 2014, 04:58:14 PM |
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I think you are making the error of assuming you get the 1% every 8 hours whereas you only have a small chance to get the interest. The bigger the wallet, the bigger the chance.
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Miner232432
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February 26, 2014, 04:59:12 PM Last edit: February 26, 2014, 06:01:39 PM by Miner232432 |
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I am trying my hand at a coin logo   Be nice Donations accepted - B5dYS3WRXzEUKwzDii4T9VdBg99xyVicjs
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I am blunt, don't like it ? Too bad
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lager
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Activity: 98
Merit: 10
https://twitter.com/brajon/lists/crypto-list
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February 26, 2014, 05:00:18 PM |
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Chiggins
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February 26, 2014, 05:01:27 PM |
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with 1Mh/s you will be happy if you mine 1k in a day  this coin is insane $$$$$$$$$ Truth. My only regret is not thinking about leasing a rig the first day. Going from 3500/day down to what it is now with my tiny rig just hurts, hah. Have to think about that in the future. Oh well, scooped some BC up in AltEX for cheap anyway.
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rygamble
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February 26, 2014, 05:01:52 PM |
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we got 20 GH/s Nethashrate. Anybody think there are already ASIC used for SCRYPT mining? But there are really alot of people mining.
As for the logo, I would take the original bitcoin logo and make it black, if that is ok with copyright. The "B" also matches blackcoin.
Most big black guys are using beta rigs or lease rigs for mining power yeah, I had two guys on my p2pool node with 400Mhs combined one had 250 and the second 150. But their leasing period ended so no blacks for me ;p 250 guy right here haha
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derBruchpilotPro
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February 26, 2014, 05:05:09 PM |
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I think you are making the error of assuming you get the 1% every 8 hours whereas you only have a small chance to get the interest. The bigger the wallet, the bigger the chance. darn, yes was looking too good to be true. Making this script is a good way to learn more about PoS.
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NEM/XEM!!!
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Jeezy911
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February 26, 2014, 05:07:38 PM |
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Please excuse my math but I believe its something like 1% x 1/1095 x coinsinwallet per 8 hours. Devs can way in and explain it im probably way off on this.
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Hampuz
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February 26, 2014, 05:10:30 PM |
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we got 20 GH/s Nethashrate. Anybody think there are already ASIC used for SCRYPT mining? But there are really alot of people mining.
As for the logo, I would take the original bitcoin logo and make it black, if that is ok with copyright. The "B" also matches blackcoin.
Most big black guys are using beta rigs or lease rigs for mining power yeah, I had two guys on my p2pool node with 400Mhs combined one had 250 and the second 150. But their leasing period ended so no blacks for me ;p 250 guy right here haha For 250Mh/s you must have paid alot no? I rented about 25Mh/s for 0.55btc approx
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joyztik
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February 26, 2014, 05:10:44 PM |
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Good thing i started early.
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Miner232432
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February 26, 2014, 05:17:02 PM |
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You need to include a random generator for coins after 100,000,000 for the 1% interest which would be based off 1/n where n = equals number of coins minted and then somehow factor in the 8 hour maturity of those new coins in that 1% interest It's technically impossible to calculate what you will earn once the 10k blocks are done as it's all based on random luck your coins get selected to earn the 1% You could hold 1 millions and be unlucky that your coins never ever get chosen, it's not likely but it's possible
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I am blunt, don't like it ? Too bad
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rastabit
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Merit: 10
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February 26, 2014, 05:22:30 PM |
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 BRgyFgMZMBddfgS88mqy25NU8NU9NewAgE
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Gokufan
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February 26, 2014, 05:24:12 PM |
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Lets say I have 100k coins at the end of the PoS period.. would that be considerd alot for this coin?
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rastabit
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Merit: 10
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February 26, 2014, 05:27:47 PM |
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Sparkzor
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Merit: 10
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February 26, 2014, 05:28:10 PM |
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Lets say I have 100k coins at the end of the PoS period.. would that be considerd alot for this coin?
That would be a few BTC!
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rygamble
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February 26, 2014, 05:28:45 PM |
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we got 20 GH/s Nethashrate. Anybody think there are already ASIC used for SCRYPT mining? But there are really alot of people mining.
As for the logo, I would take the original bitcoin logo and make it black, if that is ok with copyright. The "B" also matches blackcoin.
Most big black guys are using beta rigs or lease rigs for mining power yeah, I had two guys on my p2pool node with 400Mhs combined one had 250 and the second 150. But their leasing period ended so no blacks for me ;p 250 guy right here haha For 250Mh/s you must have paid alot no? I rented about 25Mh/s for 0.55btc approx Yeah I probably dropped over 3 BTC into renting so far.
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SCryptoMiners
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February 26, 2014, 05:29:50 PM |
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Lets say I have 100k coins at the end of the PoS period.. would that be considerd alot for this coin?
You mean at the end of the POW period right? I'd say so. 100k coins is 0.1% of the total POW coins. That's quite a bit given the number of people currently mining this coin. Look at the richest wallets list here: http://agran.net/bc_getbalance.php?top=100Currently, there are just 52 wallets with at least 100,000 coins.
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delion19
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February 26, 2014, 05:30:08 PM |
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I'm unable to download the updated windows wallet from mega. Can download the Mac but not windows https://mega.co.nz/#!WQp0CJRQ!Cs7WgREwvHaYn8K0a_JJbiXjEb26lDFHX0IJ5Q3pZc4 get an error saying that the requested file is no longer available. Tried a few different connections as well as a proxy or two with same results, Help anyone??
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derBruchpilotPro
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February 26, 2014, 05:33:56 PM |
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You need to include a random generator for coins after 100,000,000 for the 1% interest which would be based off 1/n where n = equals number of coins minted and then somehow factor in the 8 hour maturity of those new coins in that 1% interest It's technically impossible to calculate what you will earn once the 10k blocks are done as it's all based on random luck your coins get selected to earn the 1% You could hold 1 millions and be unlucky that your coins never ever get chosen, it's not likely but it's possible If I get it right now, I have the chance of "CoinsInWallet" : "TotalCoinsMined/Minted" to get the 1% annually, every 8h?
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NEM/XEM!!!
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