Author

Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 862. (Read 2509934 times)

full member
Activity: 196
Merit: 100
%insert your text% soon!
member
Activity: 112
Merit: 10
Press Release Community Project

I know everyone is very excited about the recent price increase. It is exciting to know many of our members will become Millionaires very shortly!!! But I must caution everyone that we cannot get too comfortable and let our guard down. Far too many coins have been exactly where we are now and the community lost focus. Now many of those coins have been forgotten and are dead. A lot of "hope" is being put into the multi-pool, but we as a community must make sure we keep spreading the word about BC and keep innovating so the multi-pool is just one tool of many in our arsenal. As I have stated before this price level is not a bubble and people are investing in BlackCoin because they feel BlackCoin may have a future, and they want to be the first investors to get in early. However, if we cannot prove without a doubt BlackCoin is sustainable for the near and long term future, and is a viable alternative and/or replacement to Bitcoin, people will lose interest and move on to the next coin. We have to keep pushing as if BlackCoin is still worth only 5000 sat. So lets please not let BlackCoin be the next "flavor of the month" coin to fall victim to it's own success.

Please donate to the new press release project so we can tell the world about all the great things BlackCoin and this community has accomplished in only one week!

Contribution Address: BQQsUdYaqCGUDhdXPADto1gKwvEA2a92TP


Donating 50 BC. Thanks.  Smiley

Donated ,too! Cheesy
newbie
Activity: 5
Merit: 0
where are the Chinese? Sad
legendary
Activity: 1400
Merit: 1000
Current hashrate (10 min average)
Scrypt:3.69 M H/s | Sha256: 0.00 TH/s

Current Shares
Scrypt: 89600 | Sha256: 0

Previous Shifts (Scrypt)
Time                                                                Your Shares          Total Shares     Avg. Hash Rate (MH/s)   Profitability (BC/MH)   Blackcoin Sent   Paid out?
Tue Apr 15 2014 04:22:44 GMT+0000 (UTC)        1729920               8153853376              1.31                        7.24                   9.49              YES

So I thought I would try the Pool out today. This is the result for 11 hours of mining. I have been at 3.2 to 3.4 Mh/s all day and this is my pay out. Tell me that it takes a couple of days to get going mining on this pool. 9.49 BC for 11 hours of mining at 3.2 Mh/s

And why is my average so low to current hashrate?

Just trying to understand how the pool works.
Pretend like those coins are 50 dollars a piece,  how is the profitability now?

I was pretending they were $1 a piece before I started 11 hours ago. I thought the payouts was closer to 18 BC/MH

Trying to figure out the big descrepency in actual and avg Mh/s.

Did you factor in that BC is up again in value and that the pool buys at the current market value throughout the day?

Yep.

But my big thing is it shows my avg hash rate at 1.31 Mh/s where I am running at 3.2 Mh/s wich means I should have got 23.168 BC instead of 9.49 BC.

Very simple, avg hash = calculated by shares. We cannot read what your miner says, we can purely see how much shares you gave us. So that translates to 1.31 Mh/s over a 24 hour period. Factor in that 3.2 MH/s is a bit less on WU (your actual hashrate) and that the pool payout time is not the actual time that that day of mining ends (it's a bit earlier for coins to mature and latest buys) and you get to that number.

So everything is based on 24 hr shift?

Also is there some carry over from one day to the next if some coins wasn't sold? Or is at the end of the shift all coins for my miner is sold then start new.
newbie
Activity: 51
Merit: 0
Mined for two days and got payed 2 BC......FML well looks like i missed the boat again.  Cry
sr. member
Activity: 476
Merit: 250
Current hashrate (10 min average)
Scrypt:3.69 M H/s | Sha256: 0.00 TH/s

Current Shares
Scrypt: 89600 | Sha256: 0

Previous Shifts (Scrypt)
Time                                                                Your Shares          Total Shares     Avg. Hash Rate (MH/s)   Profitability (BC/MH)   Blackcoin Sent   Paid out?
Tue Apr 15 2014 04:22:44 GMT+0000 (UTC)        1729920               8153853376              1.31                        7.24                   9.49              YES

So I thought I would try the Pool out today. This is the result for 11 hours of mining. I have been at 3.2 to 3.4 Mh/s all day and this is my pay out. Tell me that it takes a couple of days to get going mining on this pool. 9.49 BC for 11 hours of mining at 3.2 Mh/s

And why is my average so low to current hashrate?

Just trying to understand how the pool works.
Pretend like those coins are 50 dollars a piece,  how is the profitability now?

I was pretending they were $1 a piece before I started 11 hours ago. I thought the payouts was closer to 18 BC/MH

Trying to figure out the big descrepency in actual and avg Mh/s.

Did you factor in that BC is up again in value and that the pool buys at the current market value throughout the day?

Yep.

But my big thing is it shows my avg hash rate at 1.31 Mh/s where I am running at 3.2 Mh/s wich means I should have got 23.168 BC instead of 9.49 BC.

Very simple, avg hash = calculated by shares. We cannot read what your miner says, we can purely see how much shares you gave us. So that translates to 1.31 Mh/s over a 24 hour period. Factor in that 3.2 MH/s is a bit less on WU (your actual hashrate) and that the pool payout time is not the actual time that that day of mining ends (it's a bit earlier for coins to mature and latest buys) and you get to that number.
full member
Activity: 140
Merit: 100

Trying to figure out the big descrepency in actual and avg Mh/s.

Average is for the last 24-hour pay period. You mined for 11 hours so it looks accurate.

Payout numbers in BC are looking less impressive as the value of BC climbs, of course. I was getting 50 BC/MH a few days ago. Your payout looks roughly comparable to all the other multipools in BTC (as far as I've kept up with them). Also, as with any multipool, some days are more profitable than others.
newbie
Activity: 5
Merit: 0
sorry, forgot to say "hi" Cheesy i'm new here and i love this community, didn't see anything like it. lots of congrats! Cheesy i'm with crypto since december and tried with BC a few months ago but, stupid me, didn't see it's potential and dump it Sad( since friday i'm all in and very happy with BC. it will bring us lots of money Cheesy
legendary
Activity: 1400
Merit: 1000
Current hashrate (10 min average)
Scrypt:3.69 M H/s | Sha256: 0.00 TH/s

Current Shares
Scrypt: 89600 | Sha256: 0

Previous Shifts (Scrypt)
Time                                                                Your Shares          Total Shares     Avg. Hash Rate (MH/s)   Profitability (BC/MH)   Blackcoin Sent   Paid out?
Tue Apr 15 2014 04:22:44 GMT+0000 (UTC)        1729920               8153853376              1.31                        7.24                   9.49              YES

So I thought I would try the Pool out today. This is the result for 11 hours of mining. I have been at 3.2 to 3.4 Mh/s all day and this is my pay out. Tell me that it takes a couple of days to get going mining on this pool. 9.49 BC for 11 hours of mining at 3.2 Mh/s

And why is my average so low to current hashrate?

Just trying to understand how the pool works.
Pretend like those coins are 50 dollars a piece,  how is the profitability now?

I was pretending they were $1 a piece before I started 11 hours ago. I thought the payouts was closer to 18 BC/MH

Trying to figure out the big descrepency in actual and avg Mh/s.

Did you factor in that BC is up again in value and that the pool buys at the current market value throughout the day?

Yep.

But my big thing is it shows my avg hash rate at 1.31 Mh/s where I am running at 3.2 Mh/s wich means I should have got 23.168 BC instead of 9.49 BC.
sr. member
Activity: 308
Merit: 250
To IconicExpert

Any chance that those of us who ordered Blackcoin wallet cards on release day and paid over 500BC could get a limited limited Edition (something like: LimitedEdition 500 or just 500) on the card in Gold!  Could have ordered 8 cards today at the same price!


Hi....thank you for purchasing the card, but unfortunately I am not doing custom printing at this time. I would also like to point out accepting crypto for a physical merchandise is a huge risk. The value of BC could have dropped and I would have been responsible for the difference in price. However, thankfully it didn't. 

Hehe, worth a shot to ask,  Still excited to receive it, and thank you for making it happen!  Is BC really as much of a risk as other crypto lol
hero member
Activity: 700
Merit: 500
Press Release Community Project

I know everyone is very excited about the recent price increase. It is exciting to know many of our members will become Millionaires very shortly!!! But I must caution everyone that we cannot get too comfortable and let our guard down. Far too many coins have been exactly where we are now and the community lost focus. Now many of those coins have been forgotten and are dead. A lot of "hope" is being put into the multi-pool, but we as a community must make sure we keep spreading the word about BC and keep innovating so the multi-pool is just one tool of many in our arsenal. As I have stated before this price level is not a bubble and people are investing in BlackCoin because they feel BlackCoin may have a future, and they want to be the first investors to get in early. However, if we cannot prove without a doubt BlackCoin is sustainable for the near and long term future, and is a viable alternative and/or replacement to Bitcoin, people will lose interest and move on to the next coin. We have to keep pushing as if BlackCoin is still worth only 5000 sat. So lets please not let BlackCoin be the next "flavor of the month" coin to fall victim to it's own success.

Please donate to the new press release project so we can tell the world about all the great things BlackCoin and this community has accomplished in only one week!

Contribution Address: BQQsUdYaqCGUDhdXPADto1gKwvEA2a92TP


Donating 50 BC. Thanks.  Smiley
newbie
Activity: 5
Merit: 0
last night i slept and wonders happen. today i said "no sleep camarados!" coffee after coffee, refresh after refresh on mintpal... nothing happend Smiley)
full member
Activity: 476
Merit: 100
Current hashrate (10 min average)
Scrypt:3.69 M H/s | Sha256: 0.00 TH/s

Current Shares
Scrypt: 89600 | Sha256: 0

Previous Shifts (Scrypt)
Time                                                                Your Shares          Total Shares     Avg. Hash Rate (MH/s)   Profitability (BC/MH)   Blackcoin Sent   Paid out?
Tue Apr 15 2014 04:22:44 GMT+0000 (UTC)        1729920               8153853376              1.31                        7.24                   9.49              YES

So I thought I would try the Pool out today. This is the result for 11 hours of mining. I have been at 3.2 to 3.4 Mh/s all day and this is my pay out. Tell me that it takes a couple of days to get going mining on this pool. 9.49 BC for 11 hours of mining at 3.2 Mh/s

And why is my average so low to current hashrate?

Just trying to understand how the pool works.
Pretend like those coins are 50 dollars a piece,  how is the profitability now?

I was pretending they were $1 a piece before I started 11 hours ago. I thought the payouts was closer to 18 BC/MH

Trying to figure out the big descrepency in actual and avg Mh/s.

Did you factor in that BC is up again in value and that the pool buys at the current market value throughout the day?

Why doesn't the pool buy at lulls, and not at full price?
legendary
Activity: 1442
Merit: 1018
Current hashrate (10 min average)
Scrypt:3.69 M H/s | Sha256: 0.00 TH/s

Current Shares
Scrypt: 89600 | Sha256: 0

Previous Shifts (Scrypt)
Time                                                                Your Shares          Total Shares     Avg. Hash Rate (MH/s)   Profitability (BC/MH)   Blackcoin Sent   Paid out?
Tue Apr 15 2014 04:22:44 GMT+0000 (UTC)        1729920               8153853376              1.31                        7.24                   9.49              YES

So I thought I would try the Pool out today. This is the result for 11 hours of mining. I have been at 3.2 to 3.4 Mh/s all day and this is my pay out. Tell me that it takes a couple of days to get going mining on this pool. 9.49 BC for 11 hours of mining at 3.2 Mh/s

And why is my average so low to current hashrate?

Just trying to understand how the pool works.
Pretend like those coins are 50 dollars a piece,  how is the profitability now?

I was pretending they were $1 a piece before I started 11 hours ago. I thought the payouts was closer to 18 BC/MH

Trying to figure out the big descrepency in actual and avg Mh/s.

Did you factor in that BC is up again in value and that the pool buys at the current market value throughout the day?
member
Activity: 87
Merit: 10
c'mon, go to 100k!  Grin
legendary
Activity: 1400
Merit: 1000
Current hashrate (10 min average)
Scrypt:3.69 M H/s | Sha256: 0.00 TH/s

Current Shares
Scrypt: 89600 | Sha256: 0

Previous Shifts (Scrypt)
Time                                                                Your Shares          Total Shares     Avg. Hash Rate (MH/s)   Profitability (BC/MH)   Blackcoin Sent   Paid out?
Tue Apr 15 2014 04:22:44 GMT+0000 (UTC)        1729920               8153853376              1.31                        7.24                   9.49              YES

So I thought I would try the Pool out today. This is the result for 11 hours of mining. I have been at 3.2 to 3.4 Mh/s all day and this is my pay out. Tell me that it takes a couple of days to get going mining on this pool. 9.49 BC for 11 hours of mining at 3.2 Mh/s

And why is my average so low to current hashrate?

Just trying to understand how the pool works.
Pretend like those coins are 50 dollars a piece,  how is the profitability now?

I was pretending they were $1 a piece before I started 11 hours ago. I thought the payouts was closer to 18 BC/MH

Trying to figure out the big descrepency in actual and avg Mh/s.
full member
Activity: 168
Merit: 100
To IconicExpert

Any chance that those of us who ordered Blackcoin wallet cards on release day and paid over 500BC could get a limited limited Edition (something like: LimitedEdition 500 or just 500) on the card in Gold!  Could have ordered 8 cards today at the same price!


Hi....thank you for purchasing the card, but unfortunately I am not doing custom printing at this time. I would also like to point out accepting crypto for a physical merchandise is a huge risk. The value of BC could have dropped and I would have been responsible for the difference in price. However, thankfully it didn't. 
hero member
Activity: 561
Merit: 500
Institute of Advance Blockchain Research
Whose working on a BC Exchange?

If the timing ain't now then when?



there should be a localblackcoins.com


I would make it if I only knew how to code^^

Someone should create a thread for anyone

Lookin to invest in a BC exchange ..

If not now then when??
sr. member
Activity: 294
Merit: 250
Current hashrate (10 min average)
Scrypt:3.69 M H/s | Sha256: 0.00 TH/s

Current Shares
Scrypt: 89600 | Sha256: 0

Previous Shifts (Scrypt)
Time                                                                Your Shares          Total Shares     Avg. Hash Rate (MH/s)   Profitability (BC/MH)   Blackcoin Sent   Paid out?
Tue Apr 15 2014 04:22:44 GMT+0000 (UTC)        1729920               8153853376              1.31                        7.24                   9.49              YES

So I thought I would try the Pool out today. This is the result for 11 hours of mining. I have been at 3.2 to 3.4 Mh/s all day and this is my pay out. Tell me that it takes a couple of days to get going mining on this pool. 9.49 BC for 11 hours of mining at 3.2 Mh/s

And why is my average so low to current hashrate?

Just trying to understand how the pool works.
Pretend like those coins are 50 dollars a piece,  how is the profitability now?
legendary
Activity: 1400
Merit: 1000
Current hashrate (10 min average)
Scrypt:3.69 M H/s | Sha256: 0.00 TH/s

Current Shares
Scrypt: 89600 | Sha256: 0

Previous Shifts (Scrypt)
Time                                                                Your Shares          Total Shares     Avg. Hash Rate (MH/s)   Profitability (BC/MH)   Blackcoin Sent   Paid out?
Tue Apr 15 2014 04:22:44 GMT+0000 (UTC)        1729920               8153853376              1.31                        7.24                   9.49              YES

So I thought I would try the Pool out today. This is the result for 11 hours of mining. I have been at 3.2 to 3.4 Mh/s all day and this is my pay out. Tell me that it takes a couple of days to get going mining on this pool. 9.49 BC for 11 hours of mining at 3.2 Mh/s

And why is my average so low to current hashrate?

Just trying to understand how the pool works.
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