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1211
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May 03, 2014, 02:17:35 PM |
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 HEHE |
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1211
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May 03, 2014, 02:18:21 PM |
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I say it again: Guys we need to get on BIG exchange! That will be a great boost for SUM!  I have already wrote to Bter, Cryptsy and Mintpal, You should do it too!  I did for Mintpal, no reply after 3days -.- |
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Coinacoin
Newbie
 Offline
Activity: 48
Merit: 0
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May 03, 2014, 02:19:27 PM |
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I say it again: Guys we need to get on BIG exchange! That will be a great boost for SUM! I have already wrote to Bter, Cryptsy and Mintpal, You should do it too! We also need more miners on multipools! I have 100Mh ready to point to a decent multipool Is there any with stats so I can math out what I expect to mine? |
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gpuminer
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May 03, 2014, 02:21:32 PM |
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Tell me if I have this right - New coins given as interest will require 24 hours to mature, so total simple interest rate after 7 days of compounded interest will be 17.71561% less. This is what would happen if there was no waiting for maturation: 7 Day simple interest rate after compounding at 10% daily = 94.87171% | Day | % | | 1 | 10 | | 2 | 21 | | 3 | 33.1 | | 4 | 46.41 | | 5 | 61.051 | | 6 | 77.1561 | | 7 | 94.87171 |
With waiting for maturation: 7 Day simple interest rate after compounding at 10% daily = 77.1561% | Day | % | | 1 | 10 |     1st day new coins are immature. | | 2 | 10 |     1st day new coins mature, added to interest calculation | | 3 | 21 |     2nd day new coins mature | | 4 | 33.1 |     3rd day new coins mature | | 5 | 46.41 |     4th day new coins mature | | 6 | 61.051 |     5th day new coins mature | | 7 | 77.1561 |     6th day new coins mature - so not included in compound interest calculation (@ 10% daily simple interest)
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So if it works then you have to wonder at what point people are going to bail out and cash in their chips  And if price will decrease greater than interest received... no , it doesn't work that way. PoS is not exact timing. PoS is mining. The timing is just estimate. Its not the exact time. Sometimes it takes longer sometimes shorter just like pow. It depend on luck. One of your block stake interest at 1pm today doesn't mean the same block will get stake exactly at 1pm the next day. |
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brother3
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May 03, 2014, 02:22:36 PM |
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HEHE Now that's what I am talking about!  |
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1211
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May 03, 2014, 02:24:00 PM |
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HEHE Now that's what I am talking about! I do not want to share my coins number |
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cienki7
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May 03, 2014, 02:25:34 PM |
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I say it again: Guys we need to get on BIG exchange! That will be a great boost for SUM! I have already wrote to Bter, Cryptsy and Mintpal, You should do it too! We also need more miners on multipools! I have 100Mh ready to point to a decent multipool Is there any with stats so I can math out what I expect to mine? currently I'm mining at http://summercoinpool.com/miner they pay once a day and currently mining Dark |
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Strugg
Legendary
Offline
Activity: 882
Merit: 1000
NAV Coin [NAV]
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May 03, 2014, 02:27:18 PM |
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I say it again: Guys we need to get on BIG exchange! That will be a great boost for SUM! I have already wrote to Bter, Cryptsy and Mintpal, You should do it too! I did for Mintpal, no reply after 3days -.- Doesn't matter too much, don't worry. When more people will write to them with request, they will understand that this coin can have a large volume and so give a large profit to them  WRITE AN EMAIL WITH REQUEST TO ADD SUMMMERCOIN TO BTER, BTC38, CRYPTSY, MINTPAL and other big exchanges! |
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1211
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May 03, 2014, 02:28:09 PM |
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Coins per day? For 1MH/S. |
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1211
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May 03, 2014, 02:28:42 PM |
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I say it again: Guys we need to get on BIG exchange! That will be a great boost for SUM! I have already wrote to Bter, Cryptsy and Mintpal, You should do it too! I did for Mintpal, no reply after 3days -.- Doesn't matter too much, don't worry. When more people will write to them with request, they will understand that this coin can have a large volume and so give a large profit to them WRITE AN EMAIL WITH REQUEST TO ADD SUMMMERCOIN TO BTER, BTC38, CRYPTSY, MINTPAL and other big exchanges! Writing to Cryptsy now lol |
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cienki7
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May 03, 2014, 02:30:34 PM |
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Coins per day? For 1MH/S. [/quote] hard to estimate to be honest I've got aprox 400 with 4MH/s (x11) for about 15-20h mining |
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1211
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May 03, 2014, 02:33:19 PM |
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Coins per day? For 1MH/S. hard to estimate to be honest I've got aprox 400 with 4MH/s (x11) for about 15-20h mining
Mining X11 on it now =) |
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1211
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May 03, 2014, 02:34:20 PM |
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Coins per day? For 1MH/S. hard to estimate to be honest I've got aprox 400 with 4MH/s (x11) for about 15-20h mining
Mining X11 on it now =) On http://summercoinpool.com/ =) |
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1211
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May 03, 2014, 02:43:36 PM |
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I say it again: Guys we need to get on BIG exchange! That will be a great boost for SUM! I have already wrote to Bter, Cryptsy and Mintpal, You should do it too! I did for Mintpal, no reply after 3days -.- Doesn't matter too much, don't worry. When more people will write to them with request, they will understand that this coin can have a large volume and so give a large profit to them WRITE AN EMAIL WITH REQUEST TO ADD SUMMMERCOIN TO BTER, BTC38, CRYPTSY, MINTPAL and other big exchanges! Writing to Cryptsy now lol POSTED ON CRYPTSY.. |
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Strugg
Legendary
Offline
Activity: 882
Merit: 1000
NAV Coin [NAV]
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May 03, 2014, 02:46:06 PM |
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POSTED ON CRYPTSY.. Nice Others please write to exchanges as well! |
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cienki7
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May 03, 2014, 02:49:40 PM |
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I wish I have any btc left... price is ridiculously low!
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GAZK
Newbie
Offline
Activity: 63
Merit: 0
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May 03, 2014, 03:07:03 PM |
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I do think the new logo looks very professional. With that said. I like the old one better... it actually made me think of summer when I saw it. This one doesn't.
Again, that's not to say the new on is bad, it certainly is not. The other just seemed to fit the name summercoin better.
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bla2501
Newbie
Offline
Activity: 25
Merit: 0
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May 03, 2014, 03:13:28 PM |
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can somebody please tell me what should I do in order to get my POS working fine? I have just upgraded my wallet and it still says "not staking because you do not have mature coins". I do not know what is wrong, I do not have any passwords and the wallet is connected to the network. I already got some POS coins (although 1% instead of 10%), but since then my coins do not want to stake.
I really appreciate all your help
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1211
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May 03, 2014, 03:13:40 PM |
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I do think the new logo looks very professional. With that said. I like the old one better... it actually made me think of summer when I saw it. This one doesn't.
Again, that's not to say the new on is bad, it certainly is not. The other just seemed to fit the name summercoin better.
 You think this logo? ^^ |
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Strugg
Legendary
Offline
Activity: 882
Merit: 1000
NAV Coin [NAV]
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May 03, 2014, 03:20:30 PM |
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can somebody please tell me what should I do in order to get my POS working fine? I have just upgraded my wallet and it still says "not staking because you do not have mature coins". I do not know what is wrong, I do not have any passwords and the wallet is connected to the network. I already got some POS coins (although 1% instead of 10%), but since then my coins do not want to stake.
I really appreciate all your help
Coins need 24 hours in wallet to get status "mature" After that they will start staking |
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