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ozzy1926
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June 02, 2014, 06:29:45 AM |
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Comon man. You should be happy. Dev deleted all premine for their fundation. Relaunch was the only way to do it properly. Its your own fault if you are not careful with your property. Send me your address, i will send you some coins, when i get my compensation, but you need to swear that you will be careful.  yea i know this is my fault. But i didnt see any warning at first anyways here is the transaction id:9b0ecd1e56b7e9fdae56318b3ee8f04cac3a8dba7d34563af9d6ef8a6d191a9b and thanks for the kind coin offer but i cant accept it.dumbass me  |
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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Kergekoin
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June 02, 2014, 06:32:03 AM |
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Yeah I saw the 14M out atm. Really, I'm just trying to figure out if this is even worth mining. Even low coin cap coins don't even do all that well nowadays. If this coin has like 100M+, I don't really know what will differentiate it.
So lets do some math based on the explanation on OP and the source code:
If hash rate is about what it is now - diff around 150. Block reward would be 3.65 x 150 = 547
Boostcoin diff was almost 1000 couple of days ago. Theres nothing stopping Digit hitting diff 1000 as well.
With a diff of 1000, block reward would be around 3650. With a diff of 500, block reward would be around 1825.
Lets say that on average, block reward will be 1825 and diff is 500.
In a day we get about 1440 PoW blocks. That makes daily coin amount 1825 x 1440 = 2.6 - 2.7M + PoS coins.
A monthly coin amount of 81M + PoS coins.
A Yearly coin amount of almost 1 Billion coins. + PoS coins. PoS is quite significant.
Every month it rises by 1% and hits 12% MONTHLY after a year.
According to OP, first year effective interest from PoS is over 90% ! That means if you mine 100000 Digit in first month, You will have 190000 after first year.
Remember, this is just IF. We actually do not know how much hash will rise or fall. I think its safe to predict that hash rate will be a lot bigger after some time because X13 miners are still fresh and not very well optimized.
Also remember that all of this 13M coins in premine is sent to Digit miners who mined scrypt digit over 2 weeks. Dev published all addresses. Together with pools there was over 80 unique addresses i think.
There are some whales but it is still nicely distributed and dev will not hold much coins after they have sent out the compensations to us.
As i have understood, the dev only income will be percentage from the mined blocks. about 0.2% OP says.
A Yearly coin amount of almost 1 Billion coins. + PoS coins. WTF How do you think will buy this coin  You have no idea about how financial markets work, do you? Crypto markets work basically the same way. Coin count doesnt matter at all! Supply vs Demand determes the price of the coin. I dont give a rats ass if coin trades on 1000 sat or 50 sat or 5 sat. It simply does not matter because 5 sat coins there are more and 1000 sat coins there are less. The overall value is still dependent on how much demand there is. A year is very long time in crypto currency world. |
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auy
Member
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Activity: 336
Merit: 10
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June 02, 2014, 06:36:02 AM |
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yes····u are right  |
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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June 02, 2014, 07:00:00 AM |
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i accidently deleted the old wallet with the wallet.dat and pool (sprnova) was set to send payments to that adress ,that means coins are gone?or is there a way to get them back?
If its not in your windows trash container and you did not make a back up, then its gone. Need to be more careful man! Always make a backup people! yea 320 coins are gone ! fck this shit.Why the hell we got a new wallet!! better than stolen, always do a backup for everything even trash files |
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DSF (OP)
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June 02, 2014, 07:20:58 AM |
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 All Bouties and Funds will rise in time! DSF Foundation Wallet address is: dET9BNYodaSpjZ3suYkn8GNQ5N5T17vtGE. A starting capital for bounties was mined with blocks 2 - 63. - A Fully Featured Block Explorer Bounty - 10 000 DIG
- Android Wallet Fund - 10 000 DIG
- First Major Exchange Fund 10 000 DIG
- Anonymous Payments Integration Fund 10 000 DIG
- CoinPayments Fund 10 000 DIG |
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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June 02, 2014, 08:02:51 AM |
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about the diff adjustment argument, of yesterday...
i was thinking about a algo that limit the total net hash per hour, for every +1 hour +1 giga can be added
this should stop multipool from raping the coin initially
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dncg88190
Newbie
Offline
Activity: 30
Merit: 0
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June 02, 2014, 08:09:45 AM |
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hi dev,my friend get his coin,when can i get back?
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DSF (OP)
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June 02, 2014, 08:18:48 AM |
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hi dev,my friend get his coin,when can i get back?
Hello Your compensation has been sent. We sent you a PM with a transaction block explorer link. |
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ozzy1926
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June 02, 2014, 08:21:04 AM |
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hi dev,my friend get his coin,when can i get back?
Hello Your compensation has been sent. We sent you a PM with a transaction block explorer link. is there any hope for me? |
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Kergekoin
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June 02, 2014, 08:52:27 AM |
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Holy moly! |
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gg234
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June 02, 2014, 08:59:56 AM |
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kahir
Legendary
Offline
Activity: 1050
Merit: 1000
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June 02, 2014, 09:38:19 AM |
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so what is break even price for mining at this Diff .... like 2000 sat ?
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nick777
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June 02, 2014, 10:02:20 AM |
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so what is break even price for mining at this Diff .... like 2000 sat ?
with 14 millions already mined worth almost 10 sat |
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ice777
Member
Offline
Activity: 60
Merit: 10
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June 02, 2014, 10:04:57 AM |
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what is special about this coin?  |
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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June 02, 2014, 10:05:11 AM |
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where is the total supply for this, i can't find it on the OP, i'm blind? what is special about this coin? it ride the boostcoin dick, that's special |
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pooler1122
Member
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Activity: 91
Merit: 10
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June 02, 2014, 10:08:17 AM |
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nick777
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June 02, 2014, 10:09:37 AM |
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what is special about this coin? compensations of 14 millions coins |
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Poll
