[ANN][AID] AidBit | Digital-currency redefined | POW/POS | Groestl | Charity

[DeCrypterManiac]

Also, is the premine mined now? Miners get nothing? Please provide details about your process. Thanks.

Miners/pools get 97% of every block as far as I understand.


Loving the anti instamine blockreward solution, the first block I mined had 7 coins while the most recent had 89 coins in it.

They get 87 % of every block.. 10 to charity, 3 to the dev

Pool ?

[ocminer]

Also, is the premine mined now? Miners get nothing? Please provide details about your process. Thanks.

Miners/pools get 97% of every block as far as I understand.


Loving the anti instamine blockreward solution, the first block I mined had 7 coins while the most recent had 89 coins in it.

They get 87 % of every block.. 10 to charity, 3 to the dev

Pool ?

Sorry mate currently too busy with other coin's stratum implementation.

[coke15]

ok we will see tomorrow.

I would see depending aid received, if I (re) put my rigs.

500 min is toooooooooooooooooooooooooooooooooooooo long

8.3 hours is long if this coin is a scam :/

[AidBit]

What miner for solo cpu?

CPU-Miner for Groestl Algo

[AidBit]

@Dev ,Where is the source code???

Check the updated ANN. Sorry.

[coke15]

agreed

we need transparency

[AidBit]

agreed

we need transparency

Pool stats will be available shortly. Thank you. Until then, you can check our block explorer and details on our website.

[SimkoMiner]

DEV, I can't find the basic specification of the coin, what is the Total Supply and what is the Block Reward?

BTW. I'm mining solo with SGMiner and found a block after 5 minutes (161.82 coins)

[invisiblem11]

dev, how can i see my coins on maya.aidbit.net:3032 ? Worker.name is wallet adress?

[AidBit]

DEV, I can't find the basic specification of the coin, what is the Total Supply and what is the Block Reward?

BTW. I'm mining solo with SGMiner and found a block after 5 minutes (161.82 coins)

Block reward is dynamically calculated according to current network difficulty, so total supply is hard to predict at this time. To keep the inflation low, the block reward will halve every 12 months.

Thank you for you question,

AidBit

[SimkoMiner]

DEV, I can't find the basic specification of the coin, what is the Total Supply and what is the Block Reward?

BTW. I'm mining solo with SGMiner and found a block after 5 minutes (161.82 coins)

Block reward is dynamically calculated according to current network difficulty, so total supply is hard to predict at this time. To keep the inflation low, the block reward will halve every 12 months.

Thank you for you question,

AidBit

OK but can't you make at least rough calculation? I think most miners look on those two figures, total supply and block reward. Can you make for example 2 calculations? What is the total supply at current diff and what would be supply at current diff x 10.  I found a block of size 161 coins, so is it "many coins" or "few coins"? If the approximate coin supply would be 500K coins, than 161 coins might a be fortune, but if total coin supply would be 50 million coins, than 161 coins is nothing.

[ddfd1]

No source

[AidBit]

DEV, I can't find the basic specification of the coin, what is the Total Supply and what is the Block Reward?

BTW. I'm mining solo with SGMiner and found a block after 5 minutes (161.82 coins)

Block reward is dynamically calculated according to current network difficulty, so total supply is hard to predict at this time. To keep the inflation low, the block reward will halve every 12 months.

Thank you for you question,

AidBit

OK but can't you make at least rough calculation? I think most miners look on those two figures, total supply and block reward. Can you make for example 2 calculations? What is the total supply at current diff and what would be supply at current diff x 10.  I found a block of size 161 coins, so is it "many coins" or "few coins"? If the approximate coin supply would be 500K coins, than 161 coins might a be fortune, but if total coin supply would be 50 million coins, than 161 coins is nothing.

We have lots of things planned and lots of ideas on the blackboard. We were thinking about making a calculator for predicting various outcomes. We will post more details as soon as we start working on the trading part of the web page.  Thank you!

AidBit

[bathrobehero]

OK but can't you make at least rough calculation? I think most miners look on those two figures, total supply and block reward. Can you make for example 2 calculations? What is the total supply at current diff and what would be supply at current diff x 10.  I found a block of size 161 coins, so is it "many coins" or "few coins"? If the approximate coin supply would be 500K coins, than 161 coins might a be fortune, but if total coin supply would be 50 million coins, than 161 coins is nothing.

The quality of the coin (features, marketing, transparency, etc) will decide the price, not the total supply.

[distraido]

i am mining on maya.aidbit.net:3032 but i go to the block explorer and my adres doesn't show up.
what is going on?
where can i see my stats
where is the transparency

[AidBit]

i am mining on maya.aidbit.net:3032 but i go to the block explorer and my adres doesn't show up.
what is going on?
where can i see my stats
where is the transparency

Your address will show up as soon as "maya" sends you your share of mined coins (after they mature ~500min). We will activate the pool stats shortly.

AidBit

[baraba80]

Is this coin started?

[vger888]

Is this coin started?

It sure is.

[baraba80]

11mh/s on 280x is it good?

[Singman33]

11mh/s on 280x is it good?

No. Should get 14 Mh/s at least. Try the new grs-sgminer.