[HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet

[vegasguy]

I got 2 more payouts too.. but is not even close compared to if I mined HBN and sold and bought HYP. Im gonna give it more time I think. I think I jumped on the pool too soon.

vegas

[vegasguy]

I'm not sure why someone would want to mergemine a PoS coin.

it be innovative, and definitely neat. Also both coins would benefit as stakers would help secure both networks and be rewarded for it.

As long as we are the coin to merge mine with and not the coin merge mining with another one, why not.

ANycoins we should talk to?  I think we could start with TRK (as that's where we came from), then maybe TEK, HBN, and Caps. What do you guys think? Anyone that could reach out to these coins?

If we could merge mine TRK, TEK,HYP,CAP,HBN, that would be crypto haven. I wonder how tranz will respond.. Tek is dying, so im sure they would be in. It would be a first "merge mined POS"!! If this happends.. anyone would be a fool to mine anything else.

Vegas

My worry is if we do mergemine PoS and the coin we are mining goes off the rails (massive FUD storm, community goes sour etc) will it effect Hyperstake?  Since the two coins at that point would be closely related since it will be using the same share to validate among two block chains I would say it could take a toll on HYP.

All these coins are highly respected and the devs are very well respected in the community, and the best at what they do. The only one I might leave out is tek, because that coin has NEVER been right. Then again, with the help of Tranz and presstab and David, maybe bring on Tek and give it the repairs it badly needs. There is a GOLDMINE here if this happens.

Vegas

[myagui]

Ya.. good point lets look it up..
[...]

Going by the network statistics, you're absolutely right in that you should/will have mined as many HBN (if not even more) in this recent period when compared to your earlier 24h sample. I just double checked, and found that the block reward remained unchanged as well (5 coins per block ever since launch).

I think that really just leaves a couple of options:
a) Delayed payout, in which case you'll find out soon enough
b) Poor pool performance (rejects, high orphan rate, too little hashrate to find enough blocks on a 24H window, etc)
c) Pool switching to other coins in this period (with even lower BTC profitability rate)
d) Poor trading performance by the pool op (sell low, buy high)
e) Mining Variance. Most noticeable in a small'ish pool, that for the same conditions (same nethash, difficulty, exchange rates), one day might be swell and superbly profitable, while the next day turns out just the opposite.

In any case, I think that it will take a good few days to have a proper idea of the multipool performance and even just to exclude variance (1 unlucky day). Also, the pool op has to fine tune his trading skills for the HYP that he purchases for the payouts, and needs to establish the initial buffer of the 'mining > trading > payout' cycle.

I'm not trying to defend or oppose the multipool in any way, nor your (entirely valid) observations about performance/profitability.
As I see it, and for everyone's benefit, we want the multipool to do well!
That said, we need to find out what's causing the odd performance/payouts, so we can fixit^(tm).

[vegasguy]

I'm not sure why someone would want to mergemine a PoS coin.

it be innovative, and definitely neat. Also both coins would benefit as stakers would help secure both networks and be rewarded for it.

As long as we are the coin to merge mine with and not the coin merge mining with another one, why not.

ANycoins we should talk to?  I think we could start with TRK (as that's where we came from), then maybe TEK, HBN, and Caps. What do you guys think? Anyone that could reach out to these coins?

The problem with merge minting is that those other coins have little reason to be merge minted. They are nowhere near the point where demand for stake blocks would be better met by combining minting "hash" power. The reason multipool minting works for HYP is the very conservative 1k HYP stake block max reward. Since some people are already using 4k HYP blocks to stake quicker, and in some cases "giving up" stake since they have age/rewards beyond the block max, HYP *could* get to the point where you need 5k, 10k, or even 15k HYP, if the difficulty is raised high enough, to efficiently hit the 1k HYP reward.

It's all very clever

Crazyloaf..what do YOU know about POS coins..j/k man. Good to see you!! What do you think of Balls? Anyway I think this could work.. what about an exclusive merge mine pool with all high POS coins, and a MUCH higher fee that splits between the devs.. say 5%. The hashpower would be the highest EVER. Hell, add balls in the mix, and raise it to 7% pool fees.

[Biomech]

I'm not sure why someone would want to mergemine a PoS coin.

it be innovative, and definitely neat. Also both coins would benefit as stakers would help secure both networks and be rewarded for it.

As long as we are the coin to merge mine with and not the coin merge mining with another one, why not.

ANycoins we should talk to?  I think we could start with TRK (as that's where we came from), then maybe TEK, HBN, and Caps. What do you guys think? Anyone that could reach out to these coins?

If we could merge mine TRK, TEK,HYP,CAP,HBN, that would be crypto haven. I wonder how tranz will respond.. Tek is dying, so im sure they would be in. It would be a first "merge mined POS"!! If this happends.. anyone would be a fool to mine anything else.

Vegas

TEK ain't dyin' It's just not a fast growth coin.

[David Latapie]

I'm not sure why someone would want to mergemine a PoS coin.

it be innovative, and definitely neat. Also both coins would benefit as stakers would help secure both networks and be rewarded for it.

As long as we are the coin to merge mine with and not the coin merge mining with another one, why not.

ANycoins we should talk to?  I think we could start with TRK (as that's where we came from), then maybe TEK, HBN, and Caps. What do you guys think? Anyone that could reach out to these coins?

Suggested order of integration
1. TRK
2. HBN
3. CAP
4. MINT
4. PHS
5. GRW
6. TEK

My worry is if we do mergemine PoS and the coin we are mining goes off the rails (massive FUD storm, community goes sour etc) will it effect Hyperstake?  Since the two coins at that point would be closely related since it will be using the same share to validate among two block chains I would say it could take a toll on HYP.

I don't think what happends on the daughter coin affects the mother coin. Does LTC suffers or benefit from DOGE (out of the recognition to be "valuable enough" for being a mothercoin for DOGE)? I don't think so, so for me it is a pretty safe bet. Now, I am not an expert on merge mining economy.

The problem with merge minting is that those other coins have little reason to be merge minted.

Network protection and multipool raping? PHS had to go full PoS because of this.

[Biomech]

I'm not sure why someone would want to mergemine a PoS coin.

it be innovative, and definitely neat. Also both coins would benefit as stakers would help secure both networks and be rewarded for it.

As long as we are the coin to merge mine with and not the coin merge mining with another one, why not.

ANycoins we should talk to?  I think we could start with TRK (as that's where we came from), then maybe TEK, HBN, and Caps. What do you guys think? Anyone that could reach out to these coins?

The problem with merge minting is that those other coins have little reason to be merge minted. They are nowhere near the point where demand for stake blocks would be better met by combining minting "hash" power. The reason multipool minting works for HYP is the very conservative 1k HYP stake block max reward. Since some people are already using 4k HYP blocks to stake quicker, and in some cases "giving up" stake since they have age/rewards beyond the block max, HYP *could* get to the point where you need 5k, 10k, or even 15k HYP, if the difficulty is raised high enough, to efficiently hit the 1k HYP reward.

It's all very clever

Crazyloaf..what do YOU know about POS coins..j/k man. Good to see you!! What do you think of Balls? Anyway I think this could work.. what about an exclusive merge mine pool with all high POS coins, and a MUCH higher fee that splits between the devs.. say 5%. The hashpower would be the highest EVER. Hell, add balls in the mix, and raise it to 7% pool fees.

BALLS are going to be broken, literally. I can tell right now that it's going to split to an insane amount of blocks if you just leave it running, and there is no coin control to undo that. If you look at the comments on the thread (it will inflate to 50M BALLS), I'd honestly be worried to play with them beyond a pure hobby. Not being aware of compound interest is scary imo It's a pure play to take some HYP thunder, but luckily, they don't know what they are doing over there

Also, I say it's time to focus efforts on a single high PoS coin, that being HYP. This is the first chance we have for something beyond a hobby coin. I am doing this in my own portfolio. Like I said before, HYP or Bust.

careful there. The old saying about eggs in one basket is very true. This is still a very young coin. I'm trying to focus on about three major ones and a few others for the sake of doing it. Those three, in order of holdings atm, are HYP, TEK, and HBN. There are many I like, and I would actually like to become a developer, but my coding skills are not anywhere near that level yet.

[4x13]

The purpose of the multipool is not to just make money from the direct mining, (You won't be able to atm) but there are other things that are going to be effected, there will be buy pressure which is good for everyone. we need the value of each HYP to go up and stay up. you need to look at the future, not just what can be sold/dumped immediately..

of the 12TH, I can account for 9.5 of it. there is no loss in the longterm.

[locohammerhead]

I got 2 more payouts too.. but is not even close compared to if I mined HBN and sold and bought HYP. Im gonna give it more time I think. I think I jumped on the pool too soon.

vegas

I think you and I both will continue to get payouts from a few days prior as coins mature, sell and are converted to HYP.  I know the pool is STILL counting up shares from yesterdays round.  That being said I moved my ASICS back to the multipool because of that fact.

Don't give up on it just yet  

We also need to take into account the price of HYP in regards to multipool payout.  When the price is higher multipool payouts will be lower and visa versa.

[4x13]

would someone be so kind as to build a Mac OS X version please

[4x13]

That is a good thing, HYP was in a lul last month, with the multipool, the buy pressure should cause the price to swing up, and if the buy pressure stay it should stay elevated as well. it's a win/win

[David Latapie]

Don't have to worry about that A nice core portfolio is BTC (public ledger/network effects) + XMR (private ledger/whale support) + HYP (hedge/crypto asset/mining alternative).

Could not have said better. Or maybe "public store of value, private store of value, creator of store of value".

[kevink]

I'm not sure why someone would want to mergemine a PoS coin.

it be innovative, and definitely neat. Also both coins would benefit as stakers would help secure both networks and be rewarded for it.

As long as we are the coin to merge mine with and not the coin merge mining with another one, why not.

ANycoins we should talk to?  I think we could start with TRK (as that's where we came from), then maybe TEK, HBN, and Caps. What do you guys think? Anyone that could reach out to these coins?

The problem with merge minting is that those other coins have little reason to be merge minted. They are nowhere near the point where demand for stake blocks would be better met by combining minting "hash" power. The reason multipool minting works for HYP is the very conservative 1k HYP stake block max reward. Since some people are already using 4k HYP blocks to stake quicker, and in some cases "giving up" stake since they have age/rewards beyond the block max, HYP *could* get to the point where you need 5k, 10k, or even 15k HYP, if the difficulty is raised high enough, to efficiently hit the 1k HYP reward.

It's all very clever

Crazyloaf..what do YOU know about POS coins..j/k man. Good to see you!! What do you think of Balls? Anyway I think this could work.. what about an exclusive merge mine pool with all high POS coins, and a MUCH higher fee that splits between the devs.. say 5%. The hashpower would be the highest EVER. Hell, add balls in the mix, and raise it to 7% pool fees.

BALLS are going to be broken, literally. I can tell right now that it's going to split to an insane amount of blocks if you just leave it running, and there is no coin control to undo that. If you look at the comments on the thread (it will inflate to 50M BALLS), I'd honestly be worried to play with them beyond a pure hobby. Not being aware of compound interest is scary imo It's a pure play to take some HYP thunder, but luckily, they don't know what they are doing over there

Also, I say it's time to focus efforts on a single high PoS coin, that being HYP. This is the first chance we have for something beyond a hobby coin. I am doing this in my own portfolio. Like I said before, HYP or Bust.

careful there. The old saying about eggs in one basket is very true. This is still a very young coin. I'm trying to focus on about three major ones and a few others for the sake of doing it. Those three, in order of holdings atm, are HYP, TEK, and HBN. There are many I like, and I would actually like to become a developer, but my coding skills are not anywhere near that level yet.

I also hold HBN, TEK and HYP. I agree completely about eggs in one basket. I love the fact that some of the eggs in all three baskets keep hatching daily!!!

[billotronic]

would someone be so kind as to build a Mac OS X version please

the github hasn't been updated yet, but here is the osx version of 1.0.7.1

https://mega.co.nz/#!Jo0SgYTZ!Fz2LFb8C1pPfUPxLNxXyYiGBA067RJ9orxvYNH-wGbU

[presstab]

would someone be so kind as to build a Mac OS X version please

the github hasn't been updated yet, but here is the osx version of 1.0.7.1

https://mega.co.nz/#!Jo0SgYTZ!Fz2LFb8C1pPfUPxLNxXyYiGBA067RJ9orxvYNH-wGbU

Quick Robin... to the GitHub

Updated now

[vegasguy]

Im another that holds all high pos coins, with a heavier weight on HYP and TRK. Got strong holdings on CAP, HBN, gave up on Tek . Got some triangles because of 30% POS and 1 hr minimum stake time (Many times I stake the same coin 8-10 times in 1 day), and some captcoin 30% POS 8 hr minimum stake time, got top V2 50% pos, and about 500 balls for the hell of it, and see what happens.

Vegas

[mtwelve]

Market is approaching yet again one cent per HYP, time to recover Congrats to anyone that got in at the floor!

ALSO

I just updated to the new wallet, and my weight jumped from 16K to 73K... Is this normal? Here are the two blocks TXID for reference

(4k block, age of 11.43, 10800 confirmations currently)
a1dbee97d4e6ad49e91814bba80b310e0de3ac7aade31502bf399c4c177561b2

(2.7 k block, age of 11.07, 10465 confirmations currently)
eb4f12ce66c928346c4341964aefcabe6103a659e0bbc35114120f9527ede5b4

What is this? Can someone explain?

[David Latapie]

My trading plan:
1. Become HYPlionaire - done
2. Sell at least* 25% of my stake on XMR/HYP when the price is at 5K or more, until I get 10K XMR (estimated top 50 in XMR)
3. Do the same on BTC/HYP until I recoverered all the EUR I spent on crypto
4. Either buy a lot of MINT to sustain the price (NOT a investment advice - I'm just sentimental with MINT) or buy XAG (silver), very undervalued
5. We'll see.

* at least because in the context of HyperShield phase I (breaking the pump), I could sell up to 100% of my stake.

[presstab]

Market is approaching yet again one cent per HYP, time to recover Congrats to anyone that got in at the floor!

ALSO

I just updated to the new wallet, and my weight jumped from 16K to 73K... Is this normal? Here are the two blocks TXID for reference

(4k block, age of 11.43, 10800 confirmations currently)
a1dbee97d4e6ad49e91814bba80b310e0de3ac7aade31502bf399c4c177561b2

(2.7 k block, age of 11.07, 10465 confirmations currently)
eb4f12ce66c928346c4341964aefcabe6103a659e0bbc35114120f9527ede5b4

What is this? Can someone explain?

Yes the weight in the wallet is now recalculated to exactly match the weight used in the PoS hashing process.

Weight now equals:

Code:

	int64 nTimePassed = nIntervalEnd - nIntervalBeginning;
	if (nTimePassed > nStakeMinAgeV2)
		return min(nTimePassed, (int64)nStakeMaxAge) - nStakeMinAge; //nStakeMinAge is 8 hours
	else
		return min(nTimePassed, (int64)nStakeMaxAge) - nStakeMinAgeV2; //nStakeMinAgeV2 is 8.8 days

This makes your weight go up, and will make your calculated stake time go down (innaccurately). I will be monitoring my average stake times and adjust the predictions to be more accurate for the next release.

I just thought it would be best to reflect what is actually considered the weight by the wallet.

[mtwelve]

Awesome, thanks. How was it calculated in layman terms (that code made no sense to me ) before hand? yeah, it's saying estimated staking time is now 8-12 hours compared to 2-5 days or something..... And now is the time first time I think I'm going to hit the 1k subsidy block max generation is becoming an ever current problem haha