cisahasa
Legendary
Offline
Activity: 910
Merit: 1000
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July 09, 2014, 05:05:39 PM |
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awesome new algo!! after POW it it going POS?
Yes No no pos, only real hard work to mine coins after "POW" so dump your coins cheap now, u cant get them back What does this mean?! block 0: premine block: 50000 FRSH (0,2% for further development, 0,3% for bounties) block 1-30: zero FRSH (to ensure a fair launch and setup time for pools) block 31-1440: 1000 FRSH (1 day) ( boost the first day of POW) block 1441 - 4320: 500 FRSH (2 days) block 4321 - 8640: 250 FRSH (3 days) block 8641 - 10080: 1000 FRSH (1 day) ( boost the last day of POW) block 10081 - 442080: 10 FRSH + FEES (300 days) > expected total reward 50 to 500 FRSH from block 442080: zero FRSH + FEES > expected total reward 50 to 500 FRSH It means the megahashers are going to move on to another coin when the block reward drops to 10. only if sellers are not stupid, we get price up up up.. --megagigahashers stay
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cisahasa
Legendary
Offline
Activity: 910
Merit: 1000
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July 09, 2014, 05:09:19 PM |
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im hashing now 700mhs i will hold long too see if i have won
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djm34
Legendary
Offline
Activity: 1400
Merit: 1050
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July 09, 2014, 05:11:13 PM |
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nobody produce 18k fresh a day for free they have cost (if they sell low well they lost and make the huge -0.25btc profit on their sells. (that's funny how people are bad in math in crypto world... while crypto is all about numbers )
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djm34 facebook pageBTC: 1NENYmxwZGHsKFmyjTc5WferTn5VTFb7Ze Pledge for neoscrypt ccminer to that address: 16UoC4DmTz2pvhFvcfTQrzkPTrXkWijzXw
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Vilchaco
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July 09, 2014, 05:26:07 PM |
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awesome new algo!! after POW it it going POS?
Yes No no pos, only real hard work to mine coins after "POW" so dump your coins cheap now, u cant get them back What does this mean?! block 0: premine block: 50000 FRSH (0,2% for further development, 0,3% for bounties) block 1-30: zero FRSH (to ensure a fair launch and setup time for pools) block 31-1440: 1000 FRSH (1 day) ( boost the first day of POW) block 1441 - 4320: 500 FRSH (2 days) block 4321 - 8640: 250 FRSH (3 days) block 8641 - 10080: 1000 FRSH (1 day) ( boost the last day of POW) block 10081 - 442080: 10 FRSH + FEES (300 days) > expected total reward 50 to 500 FRSH from block 442080: zero FRSH + FEES > expected total reward 50 to 500 FRSH From OP "~60% of coins mined in the first 7 days of mining to combat inflation and price instability." Is always PoW, but 7 days of fast mining getting 60% of total supply
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restless
Legendary
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Activity: 1151
Merit: 1001
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July 09, 2014, 05:27:05 PM |
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Someone else to have problems getting lower diff shares from suprnova? My 5xxx and 6xxx Radeons can't seem to get lower than diff 16 shares... and this is the only pool that gets blocks in last 10 hours setting diff multiplier leads to "rejected share above target" .... literally lost 10h of mining for nothing at pool.mn or mining with no accepted shares at suprnova you have to wait until diff retargets down.. start diff is 16, but if you dont submit shares within 60 seconds you will be set to diff 8 by the pool, if again not enough shares are received within 60 seconds, you'll receive diff 4, then 2 and so on.. by altering your diff multiplier, you probably got banned as the pool thinks you want to cheat. msg me ur username on the pool and I'll re-enable your acc. I remember our yesterday Pm exchange... but from 3 PCs with old cards, 1 is accomodating fine 2 others don't. After 30min waiting without change I simply started mining Deep with these PCs. No problems with deep pool Also, I noticed that the password doesn't matter - if worker name is ok, shares are accepted. One of my workers is xxx.cpu with pass cpu, but using -u xxx.cpu -p c everything works PS: Right now I have 2 750Ti working at diff 14.4 - altho they haven't sent successful share for 9 minutes , they were started with -f 256... PPS: while I was writing, the diff for their worker on the site become 16, yet still no accepted share from them in last 11 minutes.
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restless
Legendary
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Activity: 1151
Merit: 1001
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July 09, 2014, 05:29:24 PM |
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nobody produce 18k fresh a day for free they have cost (if they sell low well they lost and make the huge -0.25btc profit on their sells. (that's funny how people are bad in math in crypto world... while crypto is all about numbers ) Well, with current diff, with 0.00005000btc per fresh coin... fresh is generating more income than any known currency (according to profitcalc)
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bonosurgut
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July 09, 2014, 05:32:57 PM |
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im hashing now 700mhs i will hold long too see if i have won
how many GPUs you have ?
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restless
Legendary
Offline
Activity: 1151
Merit: 1001
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July 09, 2014, 05:34:02 PM |
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im hashing now 700mhs i will hold long too see if i have won
how many GPUs you have ? perhaps 20-24 750Ti
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discodancer
Sr. Member
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Activity: 378
Merit: 250
Time is Money - Benjamin Franklin
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July 09, 2014, 05:34:40 PM |
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Well that calculation is a off. It says my earnings per day will be around 3k. Now actual earn is around half of that. And I am not talking about pre block halving stats. The recent one.
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savale (OP)
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July 09, 2014, 05:36:28 PM |
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Since there are lot's of questions, I will try to rewrite the explanation of the system soon. In short: After day 7 the reward will drop to 10 FRESH coins for a block, but if the block reward is only 10 FRESH coins everybody would stop mining. (and FRESH with its awesome low power algo will die). So to keep the miners happy, the transaction fees go up (~1% avg) and those fees will flow back into the block reward. For example: when a total of 5000 FRESH coins are transfered in that block, the total block reward will be 10 + 50 (1% of 5000) = 60 FRESH. The real algorithm is a bit more complicated and keeps track of a lot more variables, but this gives an idea how the system will work after day 7.
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wacko
Legendary
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Activity: 1106
Merit: 1014
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July 09, 2014, 05:38:23 PM |
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im hashing now 700mhs i will hold long too see if i have won
how many GPUs you have ? perhaps 20-24 750Ti 24x 750 Ti = 24 x 3.3 MH/sec = ~ 80 MH/sec. One would need more than 210x 750 Ti cards to get 700 MH/sec.
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bonosurgut
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July 09, 2014, 05:42:10 PM |
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i have 64 290 & 290x and mining with 321M.
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go6ooo1212
Legendary
Offline
Activity: 1512
Merit: 1000
quarkchain.io
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July 09, 2014, 05:44:14 PM |
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What is the sum of your electricity bill
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djm34
Legendary
Offline
Activity: 1400
Merit: 1050
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July 09, 2014, 05:44:18 PM |
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im hashing now 700mhs i will hold long too see if i have won
how many GPUs you have ? perhaps 20-24 750Ti 24x 750 Ti = 24 x 3.3 MH/sec = ~ 80 MH/sec. One would need more than 210x 750 Ti cards to get 700 MH/sec. lol, just quoting myself in my previous post: "(that's funny how people are bad in math in crypto world... while crypto is all about numbers ) By the way, I forgot, but if you find useful ccminer -a fresh think about donate and support development: FhLgusc5nF2ux98WxHfFKYWtzAk8ygACUz
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djm34 facebook pageBTC: 1NENYmxwZGHsKFmyjTc5WferTn5VTFb7Ze Pledge for neoscrypt ccminer to that address: 16UoC4DmTz2pvhFvcfTQrzkPTrXkWijzXw
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teamcryptonator
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July 09, 2014, 05:47:01 PM |
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Hey guys! We have just added FreshCoin to Cryptonator so now you can use all its free features Should you own an iPhone or an Android device, we also have all these in our free mobile apps for iOS / AndroidCheers
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bonosurgut
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July 09, 2014, 05:47:11 PM Last edit: July 09, 2014, 06:07:14 PM by bonosurgut |
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What is the sum of your electricity bill 650$ per month, it's Russia. In my city, the largest power station in the world that runs on passing gas. Besides GPU i have 2.5kW+18kW+10kW air conditioning
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Shkembe
Legendary
Offline
Activity: 1560
Merit: 1001
Epic Private Internet Cash
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July 09, 2014, 05:56:34 PM |
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im hashing now 700mhs i will hold long too see if i have won
how many GPUs you have ? perhaps 20-24 750Ti You meant 250 perhaps...
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restless
Legendary
Offline
Activity: 1151
Merit: 1001
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July 09, 2014, 06:00:01 PM |
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im hashing now 700mhs i will hold long too see if i have won
how many GPUs you have ? perhaps 20-24 750Ti You meant 250 perhaps... Too tired... yesterday a hailstorm literally killed my Civic's exterior, later Germanym had won on football and pool problems today
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