Hello, I am thinking of mining this coin. what sort of machine would be recommended?
Is it better to use a pool or my own rig?
I have never mined before, so am a total noob
Thanks
Topic: [ANN] AEON [2019-09-27: Upgrade to version 0.13.0.0 ASAP HF@1146200 Oct 25] - page 161. (Read 625666 times)
December 15, 2016, 10:32:39 PM
December 15, 2016, 03:38:10 PM
hi
bittrex aeon .
Wallet Maintenance ?! fork?
I see no evidence of a fork. Daemon syncs as expected. Bittrex could just be performing server maintenance.
already finished.
December 15, 2016, 01:26:12 PM
hi
bittrex aeon .
Wallet Maintenance ?! fork?
I see no evidence of a fork. Daemon syncs as expected. Bittrex could just be performing server maintenance.
December 15, 2016, 01:14:58 PM
hi
bittrex aeon .
Wallet Maintenance ?! fork?
December 13, 2016, 11:11:41 PM
this give us a yearly inflation around 20% give or take
How can it be?The number of coins increases every year, and the block reward always decreases.
The yearly inflation must decrease accordingly because the ratio of old coins to the number of new coins increases
It is close. 7344 coins/day is about 0.05595% per day or 20.42175% per year (ignoring compounding).
AEON is only in its third year and as with all normally-distributed PoW coins (not fast-mined/premined/instamined), the inflation rate declines slowly over the first several years. This is by design to ensure that plentiful coins are created and distributed for a significant period of time, and anyone who wants in can get in at reasonable prices, even they are didn't/don't happen to be around at the very beginning.
Inflation will continue to decline to about 1% by the eighth year.
December 12, 2016, 03:04:11 PM
i'm going to give it a shoot
on alt19.com they say that AEON market is currently 2,070 usd daily, not so bad.
so you have to put at least 5 or 6 K usd to give it a shoot !
December 12, 2016, 01:25:08 PM
i'm going to give it a shoot
December 12, 2016, 01:12:28 PM
hope this coin gets into poloniex soon 
If you don't know the story, AEON started at poloniex 2 years ago... They still have a working wallet.
After then, AEON declined and they delisted it.
Today, i have more than i could mine, by buying on bittrex and cryptopia at cheap prices, so i don't really care if poloniex relist it it. Some day it wiill shine anyway.
To be fair, poloniex is my favorite exchange, but in the last year their choices were very conservative. They only add a coin for the profit it will bring to them.
December 12, 2016, 12:33:59 PM
hope this coin gets into poloniex soon
December 12, 2016, 12:31:50 PM
this give us a yearly inflation around 20% give or take
How can it be?The number of coins increases every year, and the block reward always decreases.
The yearly inflation must decrease accordingly because the ratio of old coins to the number of new coins increases
December 12, 2016, 12:08:29 PM
Roughly, yes. There are some variances, you can check with a block explorer.
on saturday 10, first block was #768647 (00:00:00) and last #769076 (23:53:05) so 429 blocks were mined.
the average reward was ~20.4, something like 8750 new aeon were born on saturday
on saturday 10, first block was #768647 (00:00:00) and last #769076 (23:53:05) so 429 blocks were mined.
the average reward was ~20.4, something like 8750 new aeon were born on saturday
Thanks a lot, this give us a yearly inflation around 20% give or take, which may sound a lot but it's not if you compare it will many other "big" names. I will keep following AEON, volume shows that something good is happening here
December 12, 2016, 06:45:17 AM
Your math are perfect!
Reality always different from theory...
Reality always different from theory...
December 11, 2016, 04:29:24 PM
Roughly, yes. There are some variances, you can check with a block explorer.
on saturday 10, first block was #768647 (00:00:00) and last #769076 (23:53:05) so 429 blocks were mined.
the average reward was ~20.4, something like 8750 new aeon were born on saturday
on saturday 10, first block was #768647 (00:00:00) and last #769076 (23:53:05) so 429 blocks were mined.
the average reward was ~20.4, something like 8750 new aeon were born on saturday
December 11, 2016, 09:25:39 AM
So if my math are correct 20.40 AEON per block and we get a new block every 240 seconds. A day haves 86400 seconds so 360 blocks per day so 7344 AEON per day at the current reward? is that correct?
20.401047037057 exactly right now.
December 10, 2016, 03:52:54 AM
20.401047037057 exactly right now.
December 04, 2016, 04:29:46 AM
Specifications:
PoW algorithm: CryptoNight-Lite[1]
Max supply: ~18.4 million[2]
Block reward: Smoothly varying using the formula (M−A) / (218) / (1012) where M = 264 −1 and A = supply mined to date.[3]
Block time: 240 seconds[3]
Difficulty: Retargets at every block
RPC-bind-port: 11180
P2P-bind-port: 11181
PoW algorithm: CryptoNight-Lite[1]
Max supply: ~18.4 million[2]
Block reward: Smoothly varying using the formula (M−A) / (218) / (1012) where M = 264 −1 and A = supply mined to date.[3]
Block time: 240 seconds[3]
Difficulty: Retargets at every block
RPC-bind-port: 11180
P2P-bind-port: 11181
What does this mean? Can you tell me how many Aeon are being mined each day? Thank you
It means the amount mined in each block is constantly decreasing. Just look on a pool website or block explorer to see what current block reward is.
Such as the following http://chainradar.com/aeon/chart
December 03, 2016, 08:45:07 PM
Specifications:
PoW algorithm: CryptoNight-Lite[1]
Max supply: ~18.4 million[2]
Block reward: Smoothly varying using the formula (M−A) / (218) / (1012) where M = 264 −1 and A = supply mined to date.[3]
Block time: 240 seconds[3]
Difficulty: Retargets at every block
RPC-bind-port: 11180
P2P-bind-port: 11181
PoW algorithm: CryptoNight-Lite[1]
Max supply: ~18.4 million[2]
Block reward: Smoothly varying using the formula (M−A) / (218) / (1012) where M = 264 −1 and A = supply mined to date.[3]
Block time: 240 seconds[3]
Difficulty: Retargets at every block
RPC-bind-port: 11180
P2P-bind-port: 11181
What does this mean? Can you tell me how many Aeon are being mined each day? Thank you
It means the amount mined in each block is constantly decreasing. Just look on a pool website or block explorer to see what current block reward is.
December 03, 2016, 08:39:40 PM
Watching this, I like the name of this coin.
AEON means a billion years.
AEON means a billion years.
December 03, 2016, 07:52:01 PM
Specifications:
PoW algorithm: CryptoNight-Lite[1]
Max supply: ~18.4 million[2]
Block reward: Smoothly varying using the formula (M−A) / (218) / (1012) where M = 264 −1 and A = supply mined to date.[3]
Block time: 240 seconds[3]
Difficulty: Retargets at every block
RPC-bind-port: 11180
P2P-bind-port: 11181
PoW algorithm: CryptoNight-Lite[1]
Max supply: ~18.4 million[2]
Block reward: Smoothly varying using the formula (M−A) / (218) / (1012) where M = 264 −1 and A = supply mined to date.[3]
Block time: 240 seconds[3]
Difficulty: Retargets at every block
RPC-bind-port: 11180
P2P-bind-port: 11181
What does this mean? Can you tell me how many Aeon are being mined each day? Thank you
December 02, 2016, 03:16:08 PM
did anybody manage to withdraw leftover aeon coins from poloniex?
the transaction says pending for quite a few hours..
(withdraw option was available always for us who left the coins on the exchange...)
the transaction says pending for quite a few hours..
(withdraw option was available always for us who left the coins on the exchange...)
I only just saw this post. Yes I managed to withdraw coins and Smooth helped me and BoscoMurray helped me and dnaleor did too IIRC
And International Integrated Reporting Council helped u? Oh turns out, AEON is hugely popular in this regard, having a council on board is a winwin.
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