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Author Topic: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine  (Read 578440 times)
catia
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July 31, 2014, 09:49:03 PM
 #661

More nodes http://pastebin.com/S95Bd3Vy
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cubydu
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July 31, 2014, 09:53:23 PM
 #662

How calculate mining profit ?

my hashrate * 86400/diff  ?
U can't u may find block in hour or in 100 hours with divers degree of probability

I know but I can calculate average value

catia
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July 31, 2014, 10:00:05 PM
 #663

How calculate mining profit ?

my hashrate * 86400/diff  ?
U can't u may find block in hour or in 100 hours with divers degree of probability

I know but I can calculate average value

hashrate / nethashrate * 1440 * 243 = XCN/day
bitwho
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July 31, 2014, 10:00:22 PM
 #664

the point is.. why release your coins when you spend months researching it.

only few people keep in touch. they fund out the coin will lunch. got a senior member to do GPU miner and are minign away.


i never understand... why release a coin you worked hard on so prematurely. shit is tainted now. people will always complain.

i tried mining this for 2 days nothing was found. this is pretty bad. no pool. only few people mining most of the coins.

bad lunch guys. not a healthy distribution. Should have prepared better

who ever buying the coins is only supporting the few miners that are massively finding all the coins
smooth
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July 31, 2014, 10:02:23 PM
 #665

i tried mining this for 2 days nothing was found. this is pretty bad. no pool. only few people mining most of the coins.

bad lunch guys. not a healthy distribution. Should have prepared better

2 days out of 10 years for 50% of the coins to be mined? Sounds like a disaster all right.

Short attention span much?

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July 31, 2014, 10:03:25 PM
 #666

thanks

How calculate mining profit ?

my hashrate * 86400/diff  ?
U can't u may find block in hour or in 100 hours with divers degree of probability

I know but I can calculate average value

hashrate / nethashrate * 1440 * 243 = XCN/day


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July 31, 2014, 10:07:21 PM
 #667

What is the difficulty target as a function of (average) nethash
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July 31, 2014, 10:07:49 PM
 #668

was estimating/calculating yesterday, still have problems to understand the daily emission of new mined coines - at current prices it needs around 15-20 btc to eat the inflation and to keep the price stable? please correct me if I am wrong
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July 31, 2014, 10:10:13 PM
 #669

the point is.. why release your coins when you spend months researching it.

only few people keep in touch. they fund out the coin will lunch. got a senior member to do GPU miner and are minign away.


i never understand... why release a coin you worked hard on so prematurely. shit is tainted now. people will always complain.

i tried mining this for 2 days nothing was found. this is pretty bad. no pool. only few people mining most of the coins.

bad lunch guys. not a healthy distribution. Should have prepared better

who ever buying the coins is only supporting the few miners that are massively finding all the coins

+1 what a disaster
smooth
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July 31, 2014, 10:13:51 PM
Last edit: July 31, 2014, 10:28:56 PM by smooth
 #670

was estimating/calculating yesterday, still have problems to understand the daily emission of new mined coines - at current prices it needs around 15-20 btc to eat the inflation and to keep the price stable? please correct me if I am wrong

243 XCN/block * 1440 block/day * 0.000065 BTC/XCN = 22.7448 BTC/day

That doesn't necessarily have to be direct outlay, it could (and does) include miners who mine and hold.


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July 31, 2014, 11:17:38 PM
 #671

Wolf0's least favorite coin is PETA coin.



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cubydu
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July 31, 2014, 11:32:21 PM
 #672

what is this mean ?
Code:
2014-07-31 20:45:08 generated 243.999679631
2014-07-31 20:45:08 ERROR: BitcoinMiner : generated block is stale

I have several servers with same wallet.dat

catia
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July 31, 2014, 11:36:35 PM
 #673

what is this mean ?
Code:
2014-07-31 20:45:08 generated 243.999679631
2014-07-31 20:45:08 ERROR: BitcoinMiner : generated block is stale

I have several servers with same wallet.dat


It's probably nothing serious if not happening often. Miner thread mines for about 2 seconds before checking for new work. If block received, while that is running, and thread actually finds a block you can get that message.
rhkazani1
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August 01, 2014, 12:08:39 AM
 #674

Total coins 1.84 billion?
wyj1888
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August 01, 2014, 12:13:02 AM
 #675

Total coins 1.84 billion?

yes
rhkazani1
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August 01, 2014, 12:13:43 AM
 #676


Isnt that alot? You think it will hold its value?
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August 01, 2014, 12:15:53 AM
 #677

I cant find any new block in nearly 24 hours with two 32 cores!!
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August 01, 2014, 03:15:13 AM
 #678


Isnt that alot? You think it will hold its value?
It's amazing how people around here are all so used to the scam coins that when a fair coin comes out they can't compute it. The economics of pump and dumps is so common around here that people actually think 1.8 billion coins is some astronomical number. It will be 10 years before even half of all the coins are mined, so yes I think XCN will hold its value perfectly fine as long as nothing else goes wrong.

XCN: CYsvPpb2YuyAib5ay9GJXU8j3nwohbttTz | BTC: 18MWPVJA9mFLPFT3zht5twuNQmZBDzHoWF
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rhkazani1
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August 01, 2014, 03:17:10 AM
 #679


Isnt that alot? You think it will hold its value?
It's amazing how people around here are all so used to the scam coins that when a fair coin comes out they can't compute it. The economics of pump and dumps is so common around here that people actually think 1.8 billion coins is some astronomical number. It will be 10 years before even half of all the coins are mined, so yes I think XCN will hold its value perfectly fine as long as nothing else goes wrong.

Thank so much for your response, i was just trying to understand how that works. I am all in....
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August 01, 2014, 03:43:01 AM
 #680


Isnt that alot? You think it will hold its value?
It's amazing how people around here are all so used to the scam coins that when a fair coin comes out they can't compute it. The economics of pump and dumps is so common around here that people actually think 1.8 billion coins is some astronomical number. It will be 10 years before even half of all the coins are mined, so yes I think XCN will hold its value perfectly fine as long as nothing else goes wrong.

More than that, the fascination with "how many coins" is absurd. It is percentage of coins that matters, not how many of them. But companies spend money on legal and administrative fees to do stock splits so I guess people are just dumb.
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