tmpwhore
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May 15, 2014, 10:40:46 PM |
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I'm also doing a semi-stabilization on bittrex just to keep the price alive. I'm buying at close to what the asking is in little amounts so that the price doesn't drop so precipitously. 45 AC here 36 AC there. Just on what I've mined from Israelcoin using BTC scraps. It might be a good thing for a couple of miners with some scrap BTC to pick up small amounts of coins around the 550-600 mark say to keep prices alive until there is a pump.
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fonzerrellie
Legendary
Offline
Activity: 1190
Merit: 1000
Kaspa
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May 15, 2014, 11:00:05 PM |
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Any multipool for asia?
Hash Cows (You can select to be payed in AC from 'User Info' -> Account settings) Only this pool pays in AC for the moment. I'm on the Hash Cows now and it's a little bizarre. After 5 hours of mining it's saying I'm getting 2.48 AC is that right? If so better to mine Dogecoin or something easy and convert to BTC then just buy AC. 2.48 AC estimated exchanged rate. Whatever that means. The problem is, is that it's mining very hard coins based on profitability so if you're a small miner you're fucked. We need a real AC specific mining pool like xhash used to have there I was getting hundreds a day at peak with 250K/hs. Even at the fork I was getting close to 100. It is because some of those mined coins are not yet mature. Therefore it cannot exchange for you. That means, if you stop to mine now, you will continuously receive more AC. Give it a few more hours and you will see it working well. (I think 24hrs is good.) +1 some coins take a long time to mature
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#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH WAVES
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Scrappy Do
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May 15, 2014, 11:46:58 PM |
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Still not staking.. and no idea why either. As I stated a few days back. I had 100k or so ac with the last transaction coming on the 29th of last month. I have yet to see any stake, and wallet up 24/7 and not encrypted. I have since added another 130k or so 5 days ago when some fools were selling at or below 400. Please help anyone.
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jmfcanada
Newbie
Offline
Activity: 57
Merit: 0
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May 15, 2014, 11:58:59 PM |
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Still not staking.. and no idea why either. As I stated a few days back. I had 100k or so ac with the last transaction coming on the 29th of last month. I have yet to see any stake, and wallet up 24/7 and not encrypted. I have since added another 130k or so 5 days ago when some fools were selling at or below 400. Please help anyone.
I have the same issue. The majority of my coins, about 70k, have been in my wallet since April 17/18. I upgraded my wallet on May 9th, it's unlocked and open 24/7 but I still haven't received a stake. Not sure what to do.
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Zaxxon
Newbie
Offline
Activity: 31
Merit: 0
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May 16, 2014, 12:16:23 AM |
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You can now vote for AC to be traded on icurrex. https://www.icurrex.com/voteYou can vote every 30 minutes I think.
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micryon
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May 16, 2014, 12:22:34 AM |
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Still not staking.. and no idea why either. As I stated a few days back. I had 100k or so ac with the last transaction coming on the 29th of last month. I have yet to see any stake, and wallet up 24/7 and not encrypted. I have since added another 130k or so 5 days ago when some fools were selling at or below 400. Please help anyone.
I have the same issue. The majority of my coins, about 70k, have been in my wallet since April 17/18. I upgraded my wallet on May 9th, it's unlocked and open 24/7 but I still haven't received a stake. Not sure what to do. Hi guys, I'm going to add some capabilities to the client to show more visibility of the staking process. There's no other good way to debug what's going on.. other than to just give you a new client with that new capability. I agree it's kind of annoying that it's just a black box right now so to start i'll just add some new RPC commands through debug console to show how many coins you own.. what coinage they are at.. and how/when they will participate in the staking process, accordingly. Likely doing so will lead into adding coin control capability as well.
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VTC: Vi5NxyF6FPCCEQDrsDcA34P8pXe1Yck21y PDR: PP3EQsV3oX9bBkjpsnESguMHz3tfMqHXhy PlanetDollar
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Maestro1 (OP)
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May 16, 2014, 12:48:34 AM Last edit: May 16, 2014, 01:16:19 AM by Maestro1 |
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Guys, about staking.
PoS (and PoW) are stochastic processes, it means there's a certain element of luck involved. If you see other PoS coin threads, the same questions has been continuously asked. PoS staking is like PoW mining, it's not a bank-style interest rate, it's a competition between minters to stake a block so the more people stake, the less likely it will be to find a block quickly. You can see the PoS difficulty by using the getdifficulty command from the debug console.
The stake rate (for all coins) refers to the amount of staking you receive when a mature block of coins that you have is staking another block, and the time it takes to stake it.
For example, if you have a block of 1000 AC with mature coins staking, and it takes 10 days to mint a new block, your old 1000 AC block is destroyed and you will get two payments in smaller blocks, each around 513.5 AC, adding to 1027 AC, or a 2.7% increase in 10 days, which is the same as 100% increase in a year. Once this happens, the new block age will be zero.
This is basically how PoS works. If you have a larger staking block, it will mint a block sooner (maybe within minutes of starting to stake), if you have a smaller one, it will take longer, maybe many days but your interest rate is calculated by the amount it took to stake the block. There are lots of PoS articles out there that explain this in detail.
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If you're happy with our work on AsiaCoin revival, please consider giving us trust feedback and provide donations to the new AsiaCoin Foundation.BTC: 1LCsuAojeFqf5YamN9iiwEo3VJ9YM8HHjf
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zing96
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May 16, 2014, 01:02:22 AM |
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Guys, about staking.
PoS staking is like PoW mining, it's not a bank-style interest rate,
+a billion. This. This right here.
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duplan
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May 16, 2014, 01:21:00 AM |
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I'm also doing a semi-stabilization on bittrex just to keep the price alive. I'm buying at close to what the asking is in little amounts so that the price doesn't drop so precipitously. 45 AC here 36 AC there. Just on what I've mined from Israelcoin using BTC scraps. It might be a good thing for a couple of miners with some scrap BTC to pick up small amounts of coins around the 550-600 mark say to keep prices alive until there is a pump.
Good Job , that's the spirit ! I wish more people would do that , chip in guys . I'm doing that , too , not on bittrex , on mintpal .
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duplan
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May 16, 2014, 01:30:03 AM |
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Hi guys,
I'm going to add some capabilities to the client to show more visibility of the staking process. There's no other good way to debug what's going on.. other than to just give you a new client with that new capability.
I agree it's kind of annoying that it's just a black box right now so to start i'll just add some new RPC commands through debug console to show how many coins you own.. what coinage they are at.. and how/when they will participate in the staking process, accordingly.
Likely doing so will lead into adding coin control capability as well.
Great ! That kind of interactivity is what will bring this forward , what seems clear to you is not clear at all to others , but , when you include what you have planned with some nice indicators : People will love that info widget ! Now , bring it on asap , we are all eager to become AC reactor monitor personnel at our own wallets Give it some knobs & handles & an AC-O-Meter
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rsturtle
Member
Offline
Activity: 67
Merit: 10
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May 16, 2014, 01:58:13 AM |
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My first stake didn't come through but another did? Any idea why this happened?
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Maestro1 (OP)
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May 16, 2014, 02:00:56 AM |
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Just a few posts earlier: Guys, about staking.
PoS (and PoW) are stochastic processes, it means there's a certain element of luck involved. If you see other PoS coin threads, the same questions has been continuously asked. PoS staking is like PoW mining, it's not a bank-style interest rate, it's a competition between minters to stake a block so the more people stake, the less likely it will be to find a block quickly. You can see the PoS difficulty by using the getdifficulty command from the debug console.
The stake rate (for all coins) refers to the amount of staking you receive when a mature block of coins that you have is staking another block, and the time it takes to stake it.
For example, if you have a block of 1000 AC with mature coins staking, and it takes 10 days to mint a new block, your old 1000 AC block is destroyed and you will get two payments in smaller blocks, each around 513.5 AC, adding to 1027 AC, or a 2.7% increase in 10 days, which is the same as 100% increase in a year. Once this happens, the new block age will be zero.
This is basically how PoS works. If you have a larger staking block, it will mint a block sooner (maybe within minutes of starting to stake), if you have a smaller one, it will take longer, maybe many days but your interest rate is calculated by the amount it took to stake the block. There are lots of PoS articles out there that explain this in detail.
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If you're happy with our work on AsiaCoin revival, please consider giving us trust feedback and provide donations to the new AsiaCoin Foundation.BTC: 1LCsuAojeFqf5YamN9iiwEo3VJ9YM8HHjf
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rsturtle
Member
Offline
Activity: 67
Merit: 10
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May 16, 2014, 02:14:11 AM |
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Sorry, I understand what he's saying! I just see that one staked for basically the same amount but another didn't so I was kind of confused. Believe me, I trust in the developers I was just confused. Didn't want to create any redundancy!
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zing96
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May 16, 2014, 03:06:08 AM Last edit: May 16, 2014, 03:35:52 AM by zing96 |
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Sorry, I understand what he's saying! I just see that one staked for basically the same amount but another didn't so I was kind of confused. Believe me, I trust in the developers I was just confused. Didn't want to create any redundancy!
Your wallet is locked too. Staking should look something like this while the stake is being confirmed:
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blindminer
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May 16, 2014, 03:52:26 AM |
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Hi, how can i stake my Asiacoins? i have about 1100000 coins in my wallet.
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CryptoSteam
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May 16, 2014, 03:56:59 AM |
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Hi, how can i stake my Asiacoins? i have about 1100000 coins in my wallet.
It takes 2 weeks for new coins to stake. If it's locked, then you need to unlock it. You can basically unlock it every two weeks and wait until it stakes. I just leave my wallet open all the time so I can benefit from compounding interest.
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harelipgraph
Newbie
Offline
Activity: 3
Merit: 0
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May 16, 2014, 04:04:53 AM |
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Garbage, cheating, return my money
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Undland
Legendary
Offline
Activity: 1120
Merit: 1055
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May 16, 2014, 04:32:24 AM |
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Garbage, cheating, return my money
oh, stop to grumble. you can sell all of your coins and buy CINNI, because it's smells better
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Collegestudent
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May 16, 2014, 04:33:33 AM |
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Garbage, cheating, return my money
Like it or not we are rolling developements without u
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Collegestudent
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May 16, 2014, 04:37:43 AM |
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Hello all AC fanboys and fangirls we are now looking to push AC into the next level by making sure we get intregrated with Coinpayments, their votes starts tomorrow and please start mentioning to others on twitter about our goal. https://www.coinpayments.net/voteAlso along with this wood wallets may be coming if we get more interests. Please help us reach our goals!!
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