[XDN] duckNote [ANN]. Anonymous, CPU-efficient, Smart Economy

[Pierre11]

Ok Sorry, I will wait tomorrow morning.

[nfox]

big support @ polo. seems it will go up

[33zer0w0lf]

big support @ polo. seems it will go up

Ok everyone the pool code @ http://duck.extremepool.org as been updated. 

[maledorak]

how long take xdn transfer from bittrex to poloniex?
because i sent it 2 hours ago and it still didn't reach

[theboccet]

how long take xdn transfer from bittrex to poloniex?
because i sent it 2 hours ago and it still didn't reach

SORRY but i thought that your coins are lost because it'snot possible to transfert cryptonight coins from exchange to exchange.
that's what exchange sites says.

[maledorak]

which exchange?

[nfox]

Hey regarding mac wallet, do I have to compile it or?

[theboccet]

which exchange?

poloniex

[maledorak]

which exchange?

poloniex

How do you know?
you also don't reach this coin on poloniex?

[Zer0Sum]

how long take xdn transfer from bittrex to poloniex?
because i sent it 2 hours ago and it still didn't reach

Mine took one hour but now has 5/6 confirmations... so transfers are just delayed.

[pwstegman]

how long take xdn transfer from bittrex to poloniex?
because i sent it 2 hours ago and it still didn't reach

Mine took one hour but now has 5/6 confirmations... so transfers are just delayed.

Oh, so you can do exchange to exchange transactions?
I assume this guy didn't see that it was from one exchange to another, but if so, can someone please verify this?

e1ghtSpace, you were right the first time.  Zer0Sum probably misread.

You cannot withdraw from bittrex to poloniex as bittrex does not allow you to provide a transaction ID.  On poloniex, everyone uses the same wallet address for ducknote, so you need to provide a transaction id.  You can generate you transaction id under the balances tab of poloniex.

[theboccet]

how long take xdn transfer from bittrex to poloniex?
because i sent it 2 hours ago and it still didn't reach

Mine took one hour but now has 5/6 confirmations... so transfers are just delayed.

Oh, so you can do exchange to exchange transactions?
I assume this guy didn't see that it was from one exchange to another, but if so, can someone please verify this?

i will try transfert from polo to bittrex and then from bittrex to polo.it will take a long time but i will inform you about the result

[pwstegman]

how long take xdn transfer from bittrex to poloniex?
because i sent it 2 hours ago and it still didn't reach

Mine took one hour but now has 5/6 confirmations... so transfers are just delayed.

Oh, so you can do exchange to exchange transactions?
I assume this guy didn't see that it was from one exchange to another, but if so, can someone please verify this?

i will try transfert from polo to bittrex and then from bittrex to polo.it will take a long time but i will inform you about the result

No don't do that!  Just post your depost address for duck so we can see that it's the same

It should be (for poloniex) ddddecTXF5B9PDwqZXP4Bs1FwttZbhF2YTRstruKctMoFJTE3VgD5uKd4RzmTHdzkv52wWWK2NYmfJe aiTuut2Pe2RVimGCvZ

[theboccet]

how long take xdn transfer from bittrex to poloniex?
because i sent it 2 hours ago and it still didn't reach

Mine took one hour but now has 5/6 confirmations... so transfers are just delayed.

Oh, so you can do exchange to exchange transactions?
I assume this guy didn't see that it was from one exchange to another, but if so, can someone please verify this?

i will try transfert from polo to bittrex and then from bittrex to polo.it will take a long time but i will inform you about the result

No don't do that!  Just post your depost address for duck so we can see if it's the same

It should be (for poloniex) ddddecTXF5B9PDwqZXP4Bs1FwttZbhF2YTRstruKctMoFJTE3VgD5uKd4RzmTHdzkv52wWWK2NYmfJe aiTuut2Pe2RVimGCvZ

it's OK guys.i asked that in the trollbox of polo and have the confirmation from a moderator that transfert from exchange to another don't work

[pwstegman]

Everyone please read before you send.  They have it there in bold not to do that... I don't even know why there was debate 

[theboccet]

but i will ask you about mining XDN
is that worth to mine it or to trade? because i see the reward dropped.

[pwstegman]

but i will ask you about mining XDN
is that worth to mine it or to trade? because i see the reward dropped.

The reward hasn't dropped yet.  When it halves (in a few days) the mining and trading will be exactly even (based on ec2 spot prices)

[theboccet]

but i will ask you about mining XDN
is that worth to mine it or to trade? because i see the reward dropped.

The reward hasn't dropped yet.  When it halves (in a few days) the mining and trading will be exactly even (based on ec2 spot prices)

OK thank you.because i planned to rent servers to enhance my mining hash and it's about 10$ for 1Kh in 24 hours.
is it a good plan

[pwstegman]

but i will ask you about mining XDN
is that worth to mine it or to trade? because i see the reward dropped.

The reward hasn't dropped yet.  When it halves (in a few days) the mining and trading will be exactly even (based on ec2 spot prices)

OK thank you.because i planned to rent servers to enhance my mining hash and it's about 10$ for 1Kh in 24 hours.
is it a good plan

Here's the math so you can do it in the future (This formula assumes you are NOT currently mining, as in the network hashrate will increase by however much you plan on adding):

your hashrate / (net hashrate + your hashrate) * block reward * (1 - pool fee) * (1 - orphan rate) * 360 * current price of xdn in btc * current price of bitcoin in usd = how much you make in a day

1/(330.13+1) * 320000 * 0.98 * 0.97 * 360 * 0.00000010 * 586.33 = ~$19

If you are currently mining, as in the network hashrate INCLUDES you hashrate, then use:

your hashrate / net hashrate * block reward * (1 - pool fee) * (1 - orphan rate) * 360 * current price of xdn in btc * current price of bitcoin in usd = how much you make in a day

Other things to keep in mind:

Pool might temporarily go down, which will cost you
People sending mass transactions, which temporarily decreases the block reward (that's why it sometimes shows up as less than 320000)
You would  make ~$19 but don't forget the block reward will half soon
the price may change (although it will probably go up, which is good for you)
the network hashrate may change, if it goes up you make less, if it goes down you make more
Price of bitcoin may change, if it goes up you make more, down you make less
The pool fee of 2% was a guess, it may be different
The orphan rate may change, although 3% is what it is on duck.extremepool.org

[theboccet]

but i will ask you about mining XDN
is that worth to mine it or to trade? because i see the reward dropped.

The reward hasn't dropped yet.  When it halves (in a few days) the mining and trading will be exactly even (based on ec2 spot prices)

OK thank you.because i planned to rent servers to enhance my mining hash and it's about 10$ for 1Kh in 24 hours.
is it a good plan

Here's the math so you can do it in the future (This formula assumes you are NOT currently mining, as in the network hashrate will increase by however much you plan on adding):

your hashrate / (net hashrate + your hashrate) * block reward * (1 - pool fee) * (1 - orphan rate) * 360 * current price of xdn in btc * current price of bitcoin in usd = how much you make in a day

1/(330.13+1) * 320000 * 0.98 * 0.97 * 360 * 0.00000010 * 586.33 = ~$19

If you are currently mining, as in the network hashrate INCLUDES you hashrate, then use:

your hashrate / net hashrate * block reward * (1 - pool fee) * (1 - orphan rate) * 360 * current price of xdn in btc * current price of bitcoin in usd = how much you make in a day

Other things to keep in mind:

Pool might temporarily go down, which will cost you
People sending mass transactions, which temporarily decreases the block reward (that's why it sometimes shows up as less than 320000)
You would  make ~$19 but don't forget the block reward will half soon
the price may change (although it will probably go up, which is good for you)
the network hashrate may change, if it goes up you make less, if it goes down you make more
Price of bitcoin may change, if it goes up you make more, down you make less
The pool fee of 2% was a guess, it may be different
The orphan rate may change, although 3% is what it is on duck.extremepool.org

nice reply man.you explain all things about mining and rewards.
thank you so much.it helped me a lot for sure.
sure thing is that the reward dropped a lot because of mass transactions.
i will rent the server and hope for the best