[ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info

[Qminer666]

I just noticed we can still mine PoW, block rewards are 10 WC. Dedicatedpools show blocks still being found and paid for. Sup with that?

looked at code, important parts...

int64 nSubsidy = 30000 * COIN;     <as we saw 30k coins per block>
static const int CUTOFF_HEIGHT = 10000;     <cutoff 10k blocks>
static const int64 nMinSubsidy = 10 * COIN;     <minimum coin subsidy hmm>
else if(nHeight > CUTOFF_HEIGHT)
   {
      return nMinSubsidy + nFees;     <if above 10k chainheight return 10coins+fees >

this can be good an extra set to secure the coin

20:56:12

getdifficulty


20:56:12

{
"proof-of-work" : 13.22051048,
"proof-of-stake" : 0.00024414,
"search-interval" : 0
}

not about difficulty im saying you can still get coins from POW a few to secure it more... 10 per block + transaction fees

yea i only posted difficulty because there are still people mining it obviously...

[Mk2vr6]

wc has been taking those waffle pool dumps to the face like a boss tbh

I'm amazed! They have under 500k left. And the price is still where it was around 8 hours ago.

Its stood up well.

[jasemoney]

this will continue indefinitely check main.cpp in the source..  And people mine for transaction fees on pos even if there no reward so we'll just have a few extra miners I guess.

[Halofire]

so if no one is mining thru PoW, where would those 9k/day coins end up? If we had zero hashrate, i mean.

[ecmho0]

What's the chance that scryptominers will actually pay back the WC that was lost?

[itos]

Hopefully this one raises a lot since Bitcoin is crashing hard again.

[jasemoney]

thats a good question halo, anyone know?

[scriptcloud]

So I guess this is pure POS now.

[Qminer666]

Hopefully this one raises a lot since Bitcoin is crashing hard again.

tru dat....fuckin china again and again. the world doesnt revolve around them

[angryacorn]

can someone give me an idea of how much WC will be mind in a day with 2.6kh? I cant find active miners on the multipool! would be appreciated! currently on waffle and using the btc to buy wc but hoping multipool will produce more

[Halofire]

can someone give me an idea of how much WC will be mind in a day with 2.6kh? I cant find active miners on the multipool! would be appreciated! currently on waffle and using the btc to buy wc but hoping multipool will produce more

Well chunky is mining doge, so, 2.3mh for myself should produce 4700 doge x .00000107 =.005 btc per day divided by .00001200(WC)= 416 WC. Thinking about jumping ship and mining altcoins by myself then selling coins and buying WC, I personally hate doge.

ya need to find out what coin waffle is mining for your WC.

edit: wc is @ 1400 satoshis so ya get less if they bought here. 357 WC.

[dminer69]

411,600 left on waffle

[Mk2vr6]

411,600 left on waffle

Was 470,000 ten minutes ago. Glad to see it will be gone within the next 6 hours 

[hypemanrickbtc]

Hello I've tried this procedure for staking:

You need to unlock the wallet, not un-encrypt it. Here are the instructions to unlock your wallet for staking while keeping it secure and encrypted

To start Staking whilst retaining the security of your wallet, go Help>Debug Window. Now select the Console tab.

Type the following at the bottom: walletpassphrase YourPassphrase 9999999 true

Replace the YourPassphrase with your own passphrase. (the encryption password you added earlier on) The 9999999 relates to the amount of seconds that you wish to leave the wallet open for staking. Once you have added this hit Enter.

It's not working for me..i keep getting this code:

Error: The wallet passphrase entered was incorrect. (code -14)

[compumine]

is it late to start mining whitecoin? I'm on xhash and it seems to be mining okay? scrypt.

[[b]S]

Fourteen Fifffftey

[cryptohunter]

is it late to start mining whitecoin? I'm on xhash and it seems to be mining okay? scrypt.

You need to mine on whitecoinpool or hashcows and select payout in WC

[angryacorn]

can someone give me an idea of how much WC will be mind in a day with 2.6kh? I cant find active miners on the multipool! would be appreciated! currently on waffle and using the btc to buy wc but hoping multipool will produce more

Well chunky is mining doge, so, 2.3mh for myself should produce 4700 doge x .00000107 =.005 btc per day divided by .00001200(WC)= 416 WC. Thinking about jumping ship and mining altcoins by myself then selling coins and buying WC, I personally hate doge.

ya need to find out what coin waffle is mining for your WC.

edit: wc is @ 1400 satoshis so ya get less if they bought here. 357 WC.

its mining doge hahaha I bought in enough earlier today to make a decent profit later so ill just keep mining away on waffle and collect btc and wait for the dump

p.s thanks appreciate the help

[Halofire]

so if no one is mining thru PoW, where would those 9k/day coins end up? If we had zero hashrate, i mean.

I would think they are still generated, but where are they delivered, to the master client's wallet?

[Mk2vr6]

411,600 left on waffle

Was 470,000 ten minutes ago. Glad to see it will be gone within the next 6 hours 

DOWN TO 290k now!