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Author Topic: [ANN] BitBean is Now Bean Cash | First v3 POS | First 20MB Max Blocks | 7+ Yrs.  (Read 276179 times)
ronnylov
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January 30, 2018, 11:05:06 AM
 #3081

and did not understand ... I have 15K Bin, what should I do so that there is a rapid germination?

http://sproutingcalculator.com/ shows 15k Beans will reward you 600 Beans in 30 days...

if you double this... it will reward you 1200 Beans in 60 days ( it will probably be 45 or 50 days before you receive 1000 Sprouts "this will be the time it takes to receive your first Sprout with 15k invested" )

After you receive your rewards the Block will split:

1st Block = 15k
after rewards the 15k block will split into two blocks,
1st Block divides into 2nd Block = 7500, 3rd Block = 7500 and the 1000 Bean rewards will divide and 500 Bean will be added to the 2nd Block and 3rd Block...

1st Block = 15k

2nd Block = 7500 + 500 = 8000 is in this block

3rd Block = 7500 + 500 = 8000 is in this block

Now take 8000 Beans go to the http://sproutingcalculator.com/ Calculate reward for 8000 Beans in 30 days... = 320 Beans ( this should give you two 1000 Beans reward in about 100 days )

then your two Blocks will split in to four Blocks...

4th Block = 4000 + 500 = 4500 is in this block

5th Block = 4000 + 500 = 4500 is in this block

6th Block = 4000 + 500 = 4500 is in this block

7th Block = 4000 + 500 = 4500 is in this block


Now take 4500 Beans go to the http://sproutingcalculator.com/ Calculate reward for 4500 Beans in 30 days...

If you can't afford to buy large amounts, buying $50.00 a week and put it in difference deposit address will help building blocks...

Let them Sprout for a year or two and you will be receiving 10 or more Sprouts a day... Smiley

Good Luck my Friends and Happy Sprouting!



What is the reason of splitting each block to two when the sprout come? This method will make the time needed for next sprout be longer and longer for each sprout. Would it not be better if the sprout beans just added to the same block (address) and made the time to next sprout shorter? It feels one would like to move everything to one new block as soon as it has sprouted.

Or do I miss what the benfit of dividing them is?

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plasmodesmata
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January 30, 2018, 11:29:24 AM
 #3082

the benefit of dividing them is having more chances to find a sprout.
ronnylov
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January 30, 2018, 12:05:07 PM
 #3083

the benefit of dividing them is having more chances to find a sprout.

But also take longer time when divided?

I was sceptical on Bean cach first but reading more it looks like an interesting concept. So I might sell one of my masternodes (other coins) and test if sprouting beans could be an alternative. Say I buy 200000 beans (about the same amount as the cheaper masternodes you can buy), should I put them in two different staking addresses from the beginning or is it better to use just one and let it split as it like?

The sprouts coming less and less often after each sproute (becouse of the Dividing) is not a concern? Better to let it take longer time to get a bigger chance? I Think I don't understand the concept how to optimize this.

According to the calculator 250000 bean get 10000 in 30 Days so that would mean first sprout comes after 3 Days, it divides in two and then it need 6 Days until two sprouts come and divides into 4 and it need 12 Days when 4 sprouts come and so on. It would be less and less often and after a while I have to wait forever?

But if I collect everything each month and start a new wallet that is not divided I can make it go faster again? I know they work in parallell when divided but each one is working slower so how can that be a benefit?

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Saxoferrato
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January 30, 2018, 02:18:34 PM
 #3084

the benefit of dividing them is having more chances to find a sprout.

According to the calculator 250000 bean get 10000 in 30 Days so that would mean first sprout comes after 3 Days, it divides in two and then it need 6 Days until two sprouts come and divides into 4 and it need 12 Days when 4 sprouts come and so on. It would be less and less often and after a while I have to wait forever?

But if I collect everything each month and start a new wallet that is not divided I can make it go faster again? I know they work in parallell when divided but each one is working slower so how can that be a benefit?


No you see it wrong. If you buy 250k beans, you get 1 sprout every 3 days on average. It's also possible to get 2 sprouts just minutes after eachother, it's random in some way.

And according to your math: first sprout after 3 days, 2 sprouts after 6 days (which is still 1 sprout every 3 days), 4 sprouts after 12 days (which is also still 1 sprout every 3 days). How is this waiting forever after a while? Your average of 1 sprout every 3 days stays the same in this example.

Helix - www.helix-crypto.com
plasmodesmata
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January 30, 2018, 02:22:52 PM
 #3085

the benefit of dividing them is having more chances to find a sprout.

According to the calculator 250000 bean get 10000 in 30 Days so that would mean first sprout comes after 3 Days, it divides in two and then it need 6 Days until two sprouts come and divides into 4 and it need 12 Days when 4 sprouts come and so on. It would be less and less often and after a while I have to wait forever?

But if I collect everything each month and start a new wallet that is not divided I can make it go faster again? I know they work in parallell when divided but each one is working slower so how can that be a benefit?


No you see it wrong. If you buy 250k beans, you get 1 sprout every 3 days on average. It's also possible to get 2 sprouts just minutes after eachother, it's random in some way.

And according to your math: first sprout after 3 days, 2 sprouts after 6 days (which is still 1 sprout every 3 days), 4 sprouts after 12 days (which is also still 1 sprout every 3 days). How is this waiting forever after a while? Your average of 1 sprout every 3 days stays the same in this example.

right. increasing the number of blocks gives you more chances... but after a while you have too many small blocks build up. Many small blocks will, IMHO, slow down sprouting. When this happens use Bean control to assemble them into a few larger blocks.
ronnylov
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January 30, 2018, 03:08:33 PM
 #3086

the benefit of dividing them is having more chances to find a sprout.

According to the calculator 250000 bean get 10000 in 30 Days so that would mean first sprout comes after 3 Days, it divides in two and then it need 6 Days until two sprouts come and divides into 4 and it need 12 Days when 4 sprouts come and so on. It would be less and less often and after a while I have to wait forever?

But if I collect everything each month and start a new wallet that is not divided I can make it go faster again? I know they work in parallell when divided but each one is working slower so how can that be a benefit?


No you see it wrong. If you buy 250k beans, you get 1 sprout every 3 days on average. It's also possible to get 2 sprouts just minutes after eachother, it's random in some way.

And according to your math: first sprout after 3 days, 2 sprouts after 6 days (which is still 1 sprout every 3 days), 4 sprouts after 12 days (which is also still 1 sprout every 3 days). How is this waiting forever after a while? Your average of 1 sprout every 3 days stays the same in this example.

OK it is the random part I missed. When I read the description it sound like I had to wait predetermined periods of time that doubled but if it is random then it will be spread out in time. Then it should really not matter if it is divided in many blocks or not, that's just how it works internally. With 250k beans I get a sprout in average every 3 days no matter if it is divided or not.

It sound a bit like burst mining on hard drives. The more drives you have (the more terrabytes) the better chance to win a block and you get a shorter time in average between won block rewards. But you never know when you win. Using many parallell hard drives makes them scan faster and you get a better chance to win a fast block. I compare the blocks of beans with hard drives. One really big and really slow hard drive may take several minutes to scan but it is still better than one small fast drive. Is there a "scan time" for blocks of beans too? Just using this analogy to make me understand it. I guess it does not help people never mined burst coins but for me it makes it more understandable :-)

I read that 100k is optimal block size so just do manual cleaning end of each month to make sure blocks are at least 100k and I am good to go.

I run some masternodes for other coins. There I can set up a VPS running the wallet remotely but actual coins are stored in my local wallet at home. Can this be done when staking beans? I rather not want a VPS wallet hacked and my beans stolen. If the beans are not actually stored on the VPS it would make me feel more secure. I should encrypt wallet anyway but is that enough to feel safe? With a masternode coin the wallet must have a static ip address (that is one reason I not run it at home because of dynamic ip at home). Is static ip address a requirement for staking Bean Cash?

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BLOCKCHAIN BACKED DECENTRALISED P2P VPN
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Saxoferrato
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January 30, 2018, 03:37:26 PM
 #3087

Static IP is not necessary, but you can do it if you want to open port 22460 on your router which gives you more connections (in some cases).

I wont bother looking into vps, you dont need it because you can sprout just as good without!

Helix - www.helix-crypto.com
plasmodesmata
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January 30, 2018, 03:41:08 PM
 #3088

the benefit of dividing them is having more chances to find a sprout.

According to the calculator 250000 bean get 10000 in 30 Days so that would mean first sprout comes after 3 Days, it divides in two and then it need 6 Days until two sprouts come and divides into 4 and it need 12 Days when 4 sprouts come and so on. It would be less and less often and after a while I have to wait forever?

But if I collect everything each month and start a new wallet that is not divided I can make it go faster again? I know they work in parallell when divided but each one is working slower so how can that be a benefit?


No you see it wrong. If you buy 250k beans, you get 1 sprout every 3 days on average. It's also possible to get 2 sprouts just minutes after eachother, it's random in some way.

And according to your math: first sprout after 3 days, 2 sprouts after 6 days (which is still 1 sprout every 3 days), 4 sprouts after 12 days (which is also still 1 sprout every 3 days). How is this waiting forever after a while? Your average of 1 sprout every 3 days stays the same in this example.

OK it is the random part I missed. When I read the description it sound like I had to wait predetermined periods of time that doubled but if it is random then it will be spread out in time. Then it should really not matter if it is divided in many blocks or not, that's just how it works internally. With 250k beans I get a sprout in average every 3 days no matter if it is divided or not.

It sound a bit like burst mining on hard drives. The more drives you have (the more terrabytes) the better chance to win a block and you get a shorter time in average between won block rewards. But you never know when you win. Using many parallell hard drives makes them scan faster and you get a better chance to win a fast block. I compare the blocks of beans with hard drives. One really big and really slow hard drive may take several minutes to scan but it is still better than one small fast drive. Is there a "scan time" for blocks of beans too? Just using this analogy to make me understand it. I guess it does not help people never mined burst coins but for me it makes it more understandable :-)

I read that 100k is optimal block size so just do manual cleaning end of each month to make sure blocks are at least 100k and I am good to go.

I run some masternodes for other coins. There I can set up a VPS running the wallet remotely but actual coins are stored in my local wallet at home. Can this be done when staking beans? I rather not want a VPS wallet hacked and my beans stolen. If the beans are not actually stored on the VPS it would make me feel more secure. I should encrypt wallet anyway but is that enough to feel safe? With a masternode coin the wallet must have a static ip address (that is one reason I not run it at home because of dynamic ip at home). Is static ip address a requirement for staking Bean Cash?

lol, you're over-complicating it. download wallet, sync wallet, send beans to wallet, SPROUT!
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January 30, 2018, 06:54:37 PM
 #3089

------- NEW TELEGRAM GROUP FOR BEANCASH/BITBEAN FOLLOWERS --------

https://t.me/beancash
minerscoins
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January 30, 2018, 08:33:12 PM
 #3090

In my opinion, our community needs more marketing in the world. Do not hide this coin from people, because the price increases with a lot of distribution. Also Bean Cash need to improve technologically. Synchronization of the wallet is still longer than in bitcoin. With money from the sprouts, I bought myself a new laptop with a ssd v-nand disk(samsung evo). Synchronization of the wallet Bitcoin on it took 15 hours, Bean Cash 40 hours. True, they were synchronized at the same time. But still need to recognize that buying a Bean Cash is a very profitable investment of capital and we are looking for prosperity with a good team of developers.
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January 31, 2018, 12:58:12 AM
 #3091

one of my friends is setting up his store in San Antonio to accept Beans... He is thoroughly enamored with the idea. my other friend in Austria is already accepting Bitbeans... Point of sale is happening.
minerscoins
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January 31, 2018, 06:51:50 PM
 #3092

one of my friends is setting up his store in San Antonio to accept Beans... He is thoroughly enamored with the idea. my other friend in Austria is already accepting Bitbeans... Point of sale is happening.

Publish to the public their contacts, order something via their website. Pizza, for example Wink
plasmodesmata
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my Beans can beat your Beans in a fight


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January 31, 2018, 07:31:19 PM
 #3093

one of my friends is setting up his store in San Antonio to accept Beans... He is thoroughly enamored with the idea. my other friend in Austria is already accepting Bitbeans... Point of sale is happening.

Publish to the public their contacts, order something via their website. Pizza, for example Wink

http://weidenshop.at/news.htm
rendravolt
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January 31, 2018, 07:38:13 PM
 #3094

the benefit of dividing them is having more chances to find a sprout.

And surely the buds will continue to grow and grow larger, it is very fun and very helpful. Smiley
minerscoins
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January 31, 2018, 07:43:59 PM
 #3095

one of my friends is setting up his store in San Antonio to accept Beans... He is thoroughly enamored with the idea. my other friend in Austria is already accepting Bitbeans... Point of sale is happening.

Publish to the public their contacts, order something via their website. Pizza, for example Wink

http://weidenshop.at/news.htm

This is great news. The product is only specific, nevertheless it is excellent.
plasmodesmata
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my Beans can beat your Beans in a fight


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January 31, 2018, 08:38:47 PM
 #3096

one of my friends is setting up his store in San Antonio to accept Beans... He is thoroughly enamored with the idea. my other friend in Austria is already accepting Bitbeans... Point of sale is happening.

Publish to the public their contacts, order something via their website. Pizza, for example Wink

http://weidenshop.at/news.htm

This is great news. The product is only specific, nevertheless it is excellent.

When store owners come to understand that they can accept Bean, then those Beans will sprout more Beans and thus increase their profits the savvy among them will adopt.
greenhope
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January 31, 2018, 08:53:02 PM
 #3097

one of my friends is setting up his store in San Antonio to accept Beans... He is thoroughly enamored with the idea. my other friend in Austria is already accepting Bitbeans... Point of sale is happening.

Publish to the public their contacts, order something via their website. Pizza, for example Wink
So what the friend's shop will sell?
plasmodesmata
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my Beans can beat your Beans in a fight


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January 31, 2018, 09:00:41 PM
 #3098

one of my friends is setting up his store in San Antonio to accept Beans... He is thoroughly enamored with the idea. my other friend in Austria is already accepting Bitbeans... Point of sale is happening.

Publish to the public their contacts, order something via their website. Pizza, for example Wink
So what the friend's shop will sell?

He sells upscale T-shirts and stylish stuff. He has his own fashion line. Unique Knits
vella85
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January 31, 2018, 09:55:26 PM
 #3099

one of my friends is setting up his store in San Antonio to accept Beans... He is thoroughly enamored with the idea. my other friend in Austria is already accepting Bitbeans... Point of sale is happening.

Publish to the public their contacts, order something via their website. Pizza, for example Wink
So what the friend's shop will sell?

He sells upscale T-shirts and stylish stuff. He has his own fashion line. Unique Knits

This is good to see as more people start accepting BeanCash as payment the more the word will spread. If I knew how to set up my own website and store, I would be accepting Beans and a few other cryptocurrencies for sure. I actually sell vegetable seeds on Ebay and was thinking about selling bean seeds for BeanCash instead of fiat, but first I must learn how to create a website and store which I'm currently doing.

I can promote your project on X to my 100k+ followers for a reasonable price. Just DM me for prices.
plasmodesmata
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February 01, 2018, 02:29:24 PM
 #3100

one of my friends is setting up his store in San Antonio to accept Beans... He is thoroughly enamored with the idea. my other friend in Austria is already accepting Bitbeans... Point of sale is happening.

Publish to the public their contacts, order something via their website. Pizza, for example Wink
So what the friend's shop will sell?

He sells upscale T-shirts and stylish stuff. He has his own fashion line. Unique Knits

This is good to see as more people start accepting BeanCash as payment the more the word will spread. If I knew how to set up my own website and store, I would be accepting Beans and a few other cryptocurrencies for sure. I actually sell vegetable seeds on Ebay and was thinking about selling bean seeds for BeanCash instead of fiat, but first I must learn how to create a website and store which I'm currently doing.

what I did on my ebay was include that I will accept Bitbean as payment:

https://www.ebay.com/itm/50-PCI-E-PCI-E-Express-1X-to-16X-Riser-Card-USB-3-0-Extender-Cable-HERE-IN-USA/272767666851?hash=item3f82384aa3:g:biwAAOSwfsFZbp9~
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