Nitroshock
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Activity: 72
Merit: 10
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March 13, 2014, 07:44:42 PM |
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I must be reading the OP wrong, does anyone know what the current block rewards are?
I thought this...
BLOCK REWARDS
Year # MIN MAX
Year 1: 1000 10000*
........
*(prior to block 3263: 500 5000)
...meant that current block rewards are 1000-10000 (since we're past block 3263), but I just hit a block for 938.5 coins. Am I reading this wrong?
Magical crypto fairy just took the difference between 1000 to 938.5 as a fee, this is the best answer I could find:) POB/POT block Aah.... for POB/POT blocks. This makes more sense but I like the magical crypto fairy explanation better.  So what are the block rewards for POW blocks? |
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thekidcoin (OP)
Sr. Member
Offline
Activity: 308
Merit: 250
FlutterCoin Developer
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March 13, 2014, 07:55:27 PM |
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I must be reading the OP wrong, does anyone know what the current block rewards are?
I thought this...
BLOCK REWARDS
Year # MIN MAX
Year 1: 1000 10000*
........
*(prior to block 3263: 500 5000)
...meant that current block rewards are 1000-10000 (since we're past block 3263), but I just hit a block for 938.5 coins. Am I reading this wrong?
Magical crypto fairy just took the difference between 1000 to 938.5 as a fee, this is the best answer I could find:) POB/POT block Aah.... for POB/POT blocks. This makes more sense but I like the magical crypto fairy explanation better. So what are the block rewards for POW blocks? between 1 and 10k for the first year - POB/POT blocks split the POW reward. This you FJ9ihcwZ7Lcf2JuwKZ6cmoUDc3YFYxc9UC ? |
1MYL967PR52xiNtqSP9WphRvPzKZDjBdxn
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seattletu
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March 13, 2014, 08:02:54 PM |
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Fork has occurred. Cloudminers is mining different blocks to the rest of the pools.
no, they are on the right chain... Nobody online from bitember staff... there are some problems with the pool, no payout from morning and no unconfirmed coins showing up , just confirmed, also on the pool you have "We are investingating issues in the backend. Your shares and hashrate are safe and we will fix things ASAP." For people that want to change , flutter.miningwith.us seems to be going well, I am getting unconfirmed coins but we would definetely need some more hash this way... in my experience this means that you ARE mining coins, it's just that the pool is having issues paying them out. it usually gets sorted out in a day or two. |
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atleticofa
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March 13, 2014, 08:07:58 PM |
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Which is the total amount of coins?
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frillyozz
Newbie
Offline
Activity: 43
Merit: 0
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March 13, 2014, 08:37:02 PM |
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Which is the total amount of coins?
I don't think there is a set total or max number of coins. I think this is because the randomality of the PoS / PoB maybe? Here is a quote from the announcement: •There is no maximum number of coins, proof of work for the first 7 years is roughly a minimum 500 million and maximum 5 billion. |
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seattletu
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March 13, 2014, 08:43:19 PM |
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i like not having a hard cap on the number of coins. i think in the future we are going to lose a lot more coins than people think, due to throwing away hard drives, natural disaster, people dying unexpectedly, etc, than we think. a good coin needs to be able to compensate for the coins that will inevitably be lost forever. otherwise as coins disappear forever, the coin becomes too much of a commodity.
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Mightymoo
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March 13, 2014, 09:21:17 PM |
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Any news on of an exchange? Hate trading without one cant trust nobody these days lol
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seattletu
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March 13, 2014, 09:32:43 PM |
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the hashrate is steady climbing lower
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seattletu
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March 13, 2014, 09:41:01 PM |
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is the network stuck on block 9066? i wish i better understood how coins work
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seattletu
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March 13, 2014, 09:47:43 PM
Last edit: March 13, 2014, 09:59:40 PM by seattletu |
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edit nevermind
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cbassthefish
Member
Offline
Activity: 98
Merit: 10
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March 13, 2014, 09:57:24 PM |
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More miners on http://flt.bitember.com please. Let us keep the hash evenly distributed amongst the pools. We have everything to gain from that. |
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thekidcoin (OP)
Sr. Member
Offline
Activity: 308
Merit: 250
FlutterCoin Developer
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March 13, 2014, 10:02:31 PM |
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is the network stuck on block 9066? i wish i better understood how coins work
yep, hashrate dropped off for  ? reason, which leaves difficulty too high - but it adjusts per block so it self adjusts |
1MYL967PR52xiNtqSP9WphRvPzKZDjBdxn
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seattletu
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March 13, 2014, 10:05:40 PM |
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we had a 1300% block, not sure why the hashrate has fallen to nearly nothing.
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organizer
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March 13, 2014, 10:05:55 PM |
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More miners on http://flt.bitember.com please. Let us keep the hash evenly distributed amongst the pools. We have everything to gain from that. Well, Bit is charging 3% (quite high, IMO), compared to 1%... sorry needs to come down before i go back. |
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seattletu
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March 13, 2014, 10:07:29 PM |
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flutter.miningwith.us has 0% fee
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tic-tac-totoro
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March 13, 2014, 10:54:35 PM |
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we had a 1300% block, not sure why the hashrate has fallen to nearly nothing.
I think that figure is incorrect. Bitember + cloudminers + miningwith.us have 170Mh+ combined. |
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seattletu
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March 13, 2014, 11:16:03 PM |
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no, flutter.miningwith.us definitely had a 1300% block
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seattletu
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March 13, 2014, 11:18:41 PM |
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block 9070
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Nitroshock
Member
Offline
Activity: 72
Merit: 10
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March 14, 2014, 02:07:22 AM |
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I must be reading the OP wrong, does anyone know what the current block rewards are?
I thought this...
BLOCK REWARDS
Year # MIN MAX
Year 1: 1000 10000*
........
*(prior to block 3263: 500 5000)
...meant that current block rewards are 1000-10000 (since we're past block 3263), but I just hit a block for 938.5 coins. Am I reading this wrong?
Magical crypto fairy just took the difference between 1000 to 938.5 as a fee, this is the best answer I could find:) POB/POT block Aah.... for POB/POT blocks. This makes more sense but I like the magical crypto fairy explanation better. So what are the block rewards for POW blocks? between 1 and 10k for the first year - POB/POT blocks split the POW reward. This you FJ9ihcwZ7Lcf2JuwKZ6cmoUDc3YFYxc9UC ? Ok, I think I understand now. Thanks for your speedy responses. Since the difficultly has dropped, maybe I'll toss some more hashes at solo mining and see how it goes. Yeah, that looks like the address I was mining on but am not currently at that computer so can't verify for sure. Should have been an 89xx block I think. Anyway, thanks! Let's keep this coin going. One more thought... Flutter coin would probably benefit greatly if some merchants accepted it or there was some other excuse for people to send lots of coins around, hoping for those POT blocks. |
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seattletu
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March 14, 2014, 02:33:19 AM |
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I must be reading the OP wrong, does anyone know what the current block rewards are?
I thought this...
BLOCK REWARDS
Year # MIN MAX
Year 1: 1000 10000*
........
*(prior to block 3263: 500 5000)
...meant that current block rewards are 1000-10000 (since we're past block 3263), but I just hit a block for 938.5 coins. Am I reading this wrong?
Magical crypto fairy just took the difference between 1000 to 938.5 as a fee, this is the best answer I could find:) POB/POT block Aah.... for POB/POT blocks. This makes more sense but I like the magical crypto fairy explanation better. So what are the block rewards for POW blocks? between 1 and 10k for the first year - POB/POT blocks split the POW reward. This you FJ9ihcwZ7Lcf2JuwKZ6cmoUDc3YFYxc9UC ? Ok, I think I understand now. Thanks for your speedy responses. Since the difficultly has dropped, maybe I'll toss some more hashes at solo mining and see how it goes. Yeah, that looks like the address I was mining on but am not currently at that computer so can't verify for sure. Should have been an 89xx block I think. Anyway, thanks! Let's keep this coin going. One more thought... Flutter coin would probably benefit greatly if some merchants accepted it or there was some other excuse for people to send lots of coins around, hoping for those POT blocks. actually yeah i think this coin would be awesome if it caught on in the twitter world. flutter on twitter sounds like it was meant to be |
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