btminer8
Member
 Offline
Activity: 112
Merit: 10
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August 24, 2014, 03:02:03 AM |
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It is still cheap to mine.
At current difficulty of 422. The cost of production is 0.00009535 per coin.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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LosingCoins
Newbie
Offline
Activity: 48
Merit: 0
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August 24, 2014, 03:07:03 AM |
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It is still cheap to mine.
At current difficulty of 422. The cost of production is 0.00009535 per coin.
How do you calculate that? |
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provenceday
Legendary
Offline
Activity: 1148
Merit: 1000
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August 24, 2014, 03:12:54 AM |
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@bista
how about bitKEY?
when can we get this feature, which will certainly increase intrinsic value of rootcoin and RootEX
we re still working on bitkey. the non-gui version is good-to-go. beta-release planned for this month. do we have some screen shots?  if not, will just waiting for the beta test now. |
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anhpt192
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August 24, 2014, 03:16:32 AM |
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It is still cheap to mine.
At current difficulty of 422. The cost of production is 0.00009535 per coin.
did you base on current renting Nicehash.com price? |
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bitsta (OP)
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August 24, 2014, 03:18:22 AM |
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@bista
how about bitKEY?
when can we get this feature, which will certainly increase intrinsic value of rootcoin and RootEX
we re still working on bitkey. the non-gui version is good-to-go. beta-release planned for this month. do we have some screen shots? if not, will just waiting for the beta test now. i ll release a GUI-teaser mid next week. |
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btminer8
Member
Offline
Activity: 112
Merit: 10
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August 24, 2014, 03:25:06 AM |
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It is still cheap to mine.
At current difficulty of 422. The cost of production is 0.00009535 per coin.
did you base on current renting Nicehash.com price? Yes |
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cyberhacker
Legendary
Offline
Activity: 1330
Merit: 1000
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August 24, 2014, 03:29:25 AM
Last edit: August 24, 2014, 03:50:32 AM by cyberhacker |
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@bista
how about bitKEY?
when can we get this feature, which will certainly increase intrinsic value of rootcoin and RootEX
we re still working on bitkey. the non-gui version is good-to-go. beta-release planned for this month. do we have some screen shots? if not, will just waiting for the beta test now. i ll release a GUI-teaser mid next week. can't wait it! this is what we want! |
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provenceday
Legendary
Offline
Activity: 1148
Merit: 1000
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August 24, 2014, 03:41:39 AM |
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@bista
how about bitKEY?
when can we get this feature, which will certainly increase intrinsic value of rootcoin and RootEX
we re still working on bitkey. the non-gui version is good-to-go. beta-release planned for this month. do we have some screen shots? if not, will just waiting for the beta test now. i ll release a GUI-teaser mid next week. Thanks for the update, will test this for sure! also, personally, no need to rush any exchange platforms until Bitkey released. |
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ningning
Newbie
Offline
Activity: 21
Merit: 0
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August 24, 2014, 03:57:50 AM |
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@bista
how about bitKEY?
when can we get this feature, which will certainly increase intrinsic value of rootcoin and RootEX
we re still working on bitkey. the non-gui version is good-to-go. beta-release planned for this month. do we have some screen shots? if not, will just waiting for the beta test now. i ll release a GUI-teaser mid next week. Thanks for the update, will test this for sure! also, personally, no need to rush any exchange platforms until Bitkey released. +1 |
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Collegestudent
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August 24, 2014, 04:37:12 AM |
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I think exchanges r a must for fair distrubution. I vote 24 hrs to list on exchanges
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eastwind_ja
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August 24, 2014, 04:46:51 AM |
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I think exchanges r a must for fair distrubution. I vote 24 hrs to list on exchanges
its been on fobcoin all day no one has bought or sold a single rootcoin there yet. what the fuck fobcoin is ,,no one knows this shit exchange,,,,https://cryptoine.com/voting#ROOT is the same shit too ,why dev make this listed on OP. delete this nonsense exchange. |
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r95222
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August 24, 2014, 05:11:24 AM |
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@bista I have a question of profit model of rootEX If rootEX is a popular exchange has a daily volume about 100BTC.(Mintpal is ~300BTC now) with trade fee ~0.2%, exchange can earn about 6BTC per month. If I buy 10BTC, 1% shares of root-share, I can get distribution 0.06 BTC/month. That means it spends me 160 month to break even?  |
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escapeX
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August 24, 2014, 05:16:45 AM |
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Looks like my investment is right,now it's time to build a strong and big community just like NEM
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provenceday
Legendary
Offline
Activity: 1148
Merit: 1000
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August 24, 2014, 05:22:38 AM |
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I think exchanges r a must for fair distrubution. I vote 24 hrs to list on exchanges
its been on fobcoin all day no one has bought or sold a single rootcoin there yet. what the fuck fobcoin is ,,no one knows this shit exchange,,,,https://cryptoine.com/voting#ROOT is the same shit too ,why dev make this listed on OP. delete this nonsense exchange. +1 we do not need cryptoine exchange platform. we need bittrex or mintpal. |
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anhpt192
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August 24, 2014, 05:51:16 AM |
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we need bittrex or mintpal.
+1 |
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bitcoinwonders010
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August 24, 2014, 06:00:06 AM |
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@bista I have a question of profit model of rootEX If rootEX is a popular exchange has a daily volume about 100BTC.(Mintpal is ~300BTC now) with trade fee ~0.2%, exchange can earn about 6BTC per month. If I buy 10BTC, 1% shares of root-share, I can get distribution 0.06 BTC/month. That means it spends me 160 month to break even? exactly rootex is not profitable. i wouldn't invest in rootex. |
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qtgwith
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August 24, 2014, 06:37:05 AM |
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It's not good time to hit exchange now. Be patient guys!
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Sellman
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August 24, 2014, 07:20:25 AM |
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It's not good time to hit exchange now. Be patient guys!
+1 |
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ancientcoins
Legendary
Offline
Activity: 1568
Merit: 1003
🚀🚀 ATHERO.IO 🚀🚀
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August 24, 2014, 07:53:51 AM |
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It's not good time to hit exchange now. Be patient guys!
+2  that may not be a good idea. you will lose momentum here. delaying launch is never a good idea. remember investors are not that patient they will sell at anything they get on the exchange. it would be best to launch now. i don't understand why is it not being launched. if its to prevent a pump and dump that is impossible there will always be a dump plus we have two ico stages so first dumpers will be the first ipo holders and that is when those who missed out will buy. just my 2 cents. |
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Cornett
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August 24, 2014, 08:04:47 AM |
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It's not good time to hit exchange now. Be patient guys!
+2 that may not be a good idea. you will lose momentum here. delaying launch is never a good idea. remember investors are not that patient they will sell at anything they get on the exchange. it would be best to launch now. i don't understand why is it not being launched. if its to prevent a pump and dump that is impossible there will always be a dump plus we have two ico stages so first dumpers will be the first ipo holders and that is when those who missed out will buy. just my 2 cents. Root is the Long-term project. The haste is not needed here |
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