Shadow_Runner
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June 05, 2014, 07:57:54 PM |
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I think block reward is too small compared with hundred thousands premine. Blocks finds very slow.
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Standy0184
Newbie
Offline
Activity: 2
Merit: 0
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June 05, 2014, 08:00:42 PM |
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I think block reward is too small compared with hundred thousands premine. Blocks finds very slow.
can't agree with you anymore!
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bitcoinvideos
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June 05, 2014, 08:17:09 PM |
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Working fine...just found my first solo block...52rx...cool...am excited to see how this plays out...
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Shadow_Runner
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June 05, 2014, 08:20:00 PM |
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Working fine...just found my first solo block...52rx...cool...am excited to see how this plays out...
52rx compared to dev's premine 728 000 rx? I don't know but feels like this coin died already.
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bitcoinvideos
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June 05, 2014, 08:22:59 PM |
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Perhaps the OP has a plan for the premine? I see 200,000 of that going to developing new miners so already 25% is gone....
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Shadow_Runner
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June 05, 2014, 08:24:54 PM Last edit: June 05, 2014, 08:58:36 PM by Shadow_Runner |
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Anyway block reward is very small. Someone writes miner and then dump 100 000 coins while you mine a month this 100 000.
I'm out.
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bitcoinvideos
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June 05, 2014, 08:28:18 PM |
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Isn't it going to be hard to dump 100,000 unless volume is there?
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bitcoinvideos
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June 05, 2014, 08:45:50 PM |
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Network hash rate is growing...
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bitcoinvideos
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June 05, 2014, 08:47:36 PM |
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{ "blocks" : 105, "currentblocksize" : 1000, "currentblocktx" : 0, "difficulty" : 0.02513596, "errors" : "", "genproclimit" : -1, "networkhashps" : 430303, "pooledtx" : 0, "testnet" : false, "generate" : true, "hashespersec" : 81687 }
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bitcoinvideos
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June 05, 2014, 08:57:21 PM |
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Seeing difficulty climb and hashps growing as well... { "blocks" : 115, "currentblocksize" : 1000, "currentblocktx" : 0, "difficulty" : 0.04310251, "errors" : "", "genproclimit" : -1, "networkhashps" : 493783, "pooledtx" : 0, "testnet" : false, "generate" : true, "hashespersec" : 80151 }
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bitcoinvideos
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June 05, 2014, 09:02:00 PM |
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Come on! Who else is mining this?
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bitcoinvideos
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June 05, 2014, 09:09:35 PM |
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crickets chirping? Don't you people have high powered CPU's you need to mine something with? lol...
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Prominence
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June 05, 2014, 09:10:59 PM |
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Don't mine this. The premine looks small, but it's actually bigger than most. The block reward is too low compared to the total premine.
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bitcoinvideos
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June 05, 2014, 09:11:28 PM |
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Whoa...mining rate tripled?
{ "blocks" : 122, "currentblocksize" : 1000, "currentblocktx" : 0, "difficulty" : 0.03230982, "errors" : "", "genproclimit" : -1, "networkhashps" : 1371880, "pooledtx" : 0, "testnet" : false, "generate" : true, "hashespersec" : 82411 }
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pozmu
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June 05, 2014, 09:20:39 PM |
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Don't mine this. The premine looks small, but it's actually bigger than most. The block reward is too low compared to the total premine.
I think it would require month of mining to mine this 0,5% premine with 52 coins block reward???
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asboxi
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June 05, 2014, 09:24:14 PM |
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Has dev something to say?
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bitcoin XT believer
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bitcoinvideos
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June 05, 2014, 09:26:30 PM |
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Don't mine this. The premine looks small, but it's actually bigger than most. The block reward is too low compared to the total premine.
I think it would require month of mining to mine this 0,5% premine with 52 coins block reward??? I guess I'm not sure what kind of point you're trying to make? 25% of the premine (as I stated above) is being given away. Let's wait for the OP to post plans with it or not. Why does everyone judge a crypto by the premine? It's not THAT outrageous...I see lots of Honorcoin people bringing this into the chat. Why?
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pozmu
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June 05, 2014, 09:29:28 PM |
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Honorcoin is free giveaway, we aren't "honorcoin people". 25% is very generous, that's fact, but remaining 75% is still a lot
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JiePanXia
Member
Offline
Activity: 77
Merit: 10
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June 05, 2014, 09:49:38 PM |
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ninja launch,huge premine and "cpu only". no thanks.count me out.
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