[ANN] Blacknet BLN | Staking | Future of zApp & ZeFi

[jonnysomething]

I don't think people are realizing the potential here.

Even if a big dump happened, mining would slowly raise the price back up and you could sell your coin and you mining is what is buying them back.

[goodluck0319]

Do u guys know how many BC I can mined with 2 x 290 (non x)?

[jonnysomething]

Hopped on the multipool, how long does first payout usually take? Running 2440 khs

MAKE SURE YOU GUY'S SET YOUR BC ADDRESS IN YOUR CG MINER!

like this! stratum+tcp://bcmultipool.com:3333 -u BFESCiWEBJtL24XKJgVTfuuapCq8DM4K3r -p password -I 11

It's in there. Thanks though!

Hopped on the multipool, how long does first payout usually take? Running 2440 khs

Hi.  There is auto payment or you can speak with Radiostatic on the IRC and request manual payouts.  Great pool. I am pointing my rig there 24/7 for the foreseeable future.

I'll try the IRC just to see how long it takes.. I want to see what kind of return I can see in mining through this method. I want to hold blackcoin, but a lot of them!

Cool.  Auto payment is daily no matter how many or few are mined so all good.  Happy mining 

Is the auto payment once daily?

[Zackgeno96]

join the irc guy's https://kiwiirc.com/client/irc.freenode.net/blackcoin     ask your questions there easier to anwser

[cryptoba]

Hello,

Could someone please explain me briefly the Blackcoin concept ?
I thought there was no mining anymore ? Is it a different type of mining

Thanks

[jonnysomething]

Hello,

Could someone please explain me briefly the Blackcoin concept ?
I thought there was no mining anymore ? Is it a different type of mining

Thanks

Multipool mines most profitable coin, sells for BTC, buys BC with BTC, sends BC to you.

[Creaxy]

ok, one thing concerns me.. Radiostatic said that now we done aprox 2 btc per hour, which makes around 50 btc per day. With current price we should mine (or receive) 2,380,952.38 BC per day... ok lets do roundings to 2 mln. if some ppl store their BC (lets say 10 - 15 mln) where the whole amount is 75 mln of BC, only 60 will be circulating.. we will turnover it in 1 month.. If we will see rapid increase in price.. no one will sell, hoping to sell in future for higher price. This will force Radiostatic further to boost up price of buy orders.. then wee could see massiv, terrible massive drop in price, cause lot of ppl will want to sell. Of course if there will be some proper proportion it won't go that way.. but still we need to spend our BC to see balanced growth in value. I am not pesymistic and don't want to troll, cause I am personally involved into this but there is some danger I guess..

[bitcoinwonders010]

excellent coming weeks here, hold people, also look at teslacoin

[mr_random]

Blackcoin market cap just under 1 million dollars at the moment.

Compare that with Vertcoin and Darkcoin at 2.5 and 3 million dollars.

I'll be shocked if we don't triple in price in the coming days.

[nunya_coin]

Do u guys know how many BC I can mined with 2 x 290 (non x)?

I'm expecting to get about .01 BTC worth per Mhs per day, so whatever that works out to for you.  A lot depends on how the price of BC behaves.

edit: i'm expecting less than that this weekend since it's beta and the exchanging and payouts are still manual.

[XbladeX]

Hello,

Could someone please explain me briefly the Blackcoin concept ?
I thought there was no mining anymore ? Is it a different type of mining

Thanks

Multipool mines most profitable coin, sells for BTC, buys BC with BTC, sends BC to you.

But this ins not regular mining to get profit you need wait you can't dump next hour but you off course you can but better is to wait when price go up and cash out when you need cash.
Storying value in BC is even better than direct in BTC... In BTC miners cause inflation and you lose value of Bitcoin over time in BC POS system all inflation 1% it comes to you.
Do you know that in takes BTC 10-20 years to have 1% inflation it can take even longer because people are burning BTC and converting them into eg Mastercoin.

Mining BC is 2gen mining you mine to store value and probably you will sell higher when you really need cash.

1% inflation in numbers means you need 2000 BC/day *price(2000) = 0.04 BTC to buy all new coins if we will mine more we should rise value of BC.
Ofcourse on every price lvl there will be some resistance and we need mined through that sell walls like rocks but this is only matter of time when  we will eat them to higher price.

BC relay due to 1% inflation is very easy to pump up ^^
Such multipool can stabilize price generally.
I have many coins but to be honest BC is the one which i want hold for long run.

[blade87]

Do u guys know how many BC I can mined with 2 x 290 (non x)?

I'm expecting to get about .01 BTC worth per Mhs per day, so whatever that works out to for you.  A lot depends on how the price of BC behaves.

edit: i'm expecting less than that this weekend since it's beta and the exchanging and payouts are still manual.

Mining hasn't been at 0.01 BTC / MH / day for a while now. Coinwarz 10 MH/s, you'll see the most profitable coins are around ~$45 per day (assuming $0 electricity too). Versus $630 BTC, that's 0.007 BTC / MH/day. I've even been having days mining DOGE that have dropped to 0.005 BTC / MH / day. It's pretty much been like that all month and may only get worse if the crypto market continues its decline.

[StolenCoinSalesman]

430 m/hash on the pool looking good

[XbladeX]

ok, one thing concerns me.. Radiostatic said that now we done aprox 2 btc per hour, which makes around 50 btc per day. With current price we should mine (or receive) 2,380,952.38 BC per day... ok lets do roundings to 2 mln. if some ppl store their BC (lets say 10 - 15 mln) where the whole amount is 75 mln of BC, only 60 will be circulating.. we will turnover it in 1 month.. If we will see rapid increase in price.. no one will sell, hoping to sell in future for higher price. This will force Radiostatic further to boost up price of buy orders.. then wee could see massive, terrible massive drop in price, cause lot of ppl will want to sell. Of course if there will be some proper proportion it won't go that way.. but still we need to spend our BC to see balanced growth in value. I am not pessimistic and don't want to troll, cause I am personally involved into this but there is some danger I guess..

Yup you have right but the longer multipool is working price can fall if many want cash out at one.
But Blackcoin learn to keep coins and respect their value.
Some people will sell price will fall but BC don't need so high amouts to keep price.
I made calcalations and 40BTC can hold BC at LTC lvl ^^ bro.

Just look 0.025*2000BC= 50BTC if all new daily coins are selling out.

Multipool can stabilize price and later we can think about making BC something big even now.
We can try setup some ebay kind e-shop. Setup some services which will be paid in BC.
As stakeholders we all building this coin not Devs but guys from top sits have to be creative and effective if won't be
price will fall BC will change owners till some creative people will come here and they new ideas will blow up market.
If someone just hold BC and think that will be enough to earn money he is wrong.

POS system require many work from community someone like me can answer on forum and help other people...
Someone is good web designer... Here is many people with big talents if 1 of 1000 have brilliant idea we can try to make it real.
Just because if you want make POS coin valuable you need to hard work on it.
Every even that little one thing have matter meme-website-simple help each-other,backing up some projects even with 10BC.
The greatest community we have the biggest value we will have ^^.
Coin is not only price on exchange this is also people behind it that is the biggest value.

[nunya_coin]

Do u guys know how many BC I can mined with 2 x 290 (non x)?

I'm expecting to get about .01 BTC worth per Mhs per day, so whatever that works out to for you.  A lot depends on how the price of BC behaves.

edit: i'm expecting less than that this weekend since it's beta and the exchanging and payouts are still manual.

Mining hasn't been at 0.01 BTC / MH / day for a while now. Coinwarz 10 MH/s, you'll see the most profitable coins are around ~$45 per day (assuming $0 electricity too). Versus $630 BTC, that's 0.007 BTC / MH/day. I've even been having days mining DOGE that have dropped to 0.005 BTC / MH / day. It's pretty much been like that all month and may only get worse if the crypto market continues its decline.

Seems like some decent coins are missing off there.  SPA has been bouncing between 6-10/day.  Prosper, dope and a few others have been over the $6 mark consistently as well, though not at the moment.

[regnevacs]

We should add on the first page about this bcmultipool.. lots of question is coming.. they didn't still know how it works.

[Zackgeno96]

indeed, the op needs updating stating the only way to mine is threw the multipool, and a brief explanation on how it works and how to set it up would be nice.

[nunya_coin]

ok, one thing concerns me.. Radiostatic said that now we done aprox 2 btc per hour, which makes around 50 btc per day. With current price we should mine (or receive) 2,380,952.38 BC per day... ok lets do roundings to 2 mln. if some ppl store their BC (lets say 10 - 15 mln) where the whole amount is 75 mln of BC, only 60 will be circulating.. we will turnover it in 1 month.. If we will see rapid increase in price.. no one will sell, hoping to sell in future for higher price. This will force Radiostatic further to boost up price of buy orders.. then wee could see massiv, terrible massive drop in price, cause lot of ppl will want to sell. Of course if there will be some proper proportion it won't go that way.. but still we need to spend our BC to see balanced growth in value. I am not pesymistic and don't want to troll, cause I am personally involved into this but there is some danger I guess..

Pool is around 1.45 Gh/s - I don't think we are going to do 2BTC /hr at that rate.  12-14 BTC /day is probably more realistic until the hash rate starts to climb like we all know it will.

As far as selling once the price starts to climb, everyone has a different # in their head as to what they'd like to see.  That should lead to staggered selling. I think the benefit of this sort of steady buying pressure is we shouldn't see big spikes/drops like a pump & dump.  If it's just sorta walking up 5-20% per day or whatever it's a lot easier to hold and not panic like when they double in a few hours and you just know a dump is coming.

[mellomike]

I'm new to trading currency .... my question is, how do you keep the price stable? For example as of this post the price is around $0.01. and it's been stable like that for a while. What's keeping it stable?

I've become so interested in this stuff... I need to start researching it.

[richiela]

BlackCoin is now live and traded at Bittrex!

https://www.bittrex.com/Market/?MarketName=BTC-BC
https://www.bittrex.com/Market/?MarketName=LTC-BC

If you haven't checked us out before... now is the time.  If anyone has any questions or comments, feel free to contact us through our support channels, or just find me hanging out in irc #bittrex in freenode

Thanks
Richie