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Topic: [ANN] CMC - CPU Miners Coin, POW+POS (Compound interest) - page 4. (Read 2648 times)

newbie
Activity: 3
Merit: 0
Looks a little sus to me, the devs are racking up all the staking rewards leaving nothing for miners that are staking

The premine was 1M, but top wallet only has 983,410

Current supply as of writing is 1,008,160, which means 8160 have been mined outside of the premine, but....

just adding wallets 2-25 gets you over 22,134, which means that the devs are spreading the premine out into other wallets and staking it, leaving regular stakers without a chance. That is, until they dump 50K on an exchange to give us an opportunity to compete against the dev staking wallets

EDIT: also...with the stated block time of 120 seconds and an emission of 1CMC/block, it would take 1388 days (almost 4 years) for community mined/staked coin count to even match the premine.
newbie
Activity: 2
Merit: 0

Explorer: https://explorer.cpuminerscoin.com/
Update Explorer
Homepage is also in the works (but not a priority)
newbie
Activity: 23
Merit: 0
Regardless anything I said?
And you are telling me the daily estimation is what you are more concerned with?

 I see priorities in people are not what they used to be.

uh, you were the one worrying about the daily estimate thing.
I just pointed out that its broken an reports the wrong number.
I wrote "regardless of everything else you said" as I had no comment about the rest, you were right.


Simba.
newbie
Activity: 4
Merit: 0
current difficulty 445.7807891590275
Seriously ? after 6 hours only ?

EDited :
Block reward 1 ! premined ? 1 million
How serious can you be here ?
no explorer " it may be 2m and not only 1 "
as the difficulty really did rise up
we can not get to 400 diff after only 500 blocks
AAAHH yeaah I forget, u're also running a masternode with the premined coins !!

Please kill this project asap. Thanks.

If you don't know stake mining
only know pool mining
you just have to leave
member
Activity: 665
Merit: 15
Regardless anything I said?
And you are telling me the daily estimation is what you are more concerned with?

 I see priorities in people are not what they used to be.
newbie
Activity: 23
Merit: 0
This is the excuse to design a shit coin from scratch? Why perpetuate 'the problem' that has been with us for centuries? Why not come up with something that helps people, not make them work(mine) for peanuts?
I have a 24-core Xeon and a 12-core ryzen on this and my estimated earnings is 0.02/day. Such insanity.

At least kill the PoS until about block 50k, or like Cosanta 100k. Why PoS from so early on?

Regardless of anything else you said,
the "estimated per day" thing is not working Smiley I made 0.3 in two hours, and it still said my estimated daily was 0.001 Smiley

Simba.
newbie
Activity: 6
Merit: 0
Yikes. Are the scammers even trying anymore? I think I know why they don't want a Discord  Roll Eyes
member
Activity: 665
Merit: 15
This is the excuse to design a shit coin from scratch? Why perpetuate 'the problem' that has been with us for centuries? Why not come up with something that helps people, not make them work(mine) for peanuts?
I have a 24-core Xeon and a 12-core ryzen on this and my estimated earnings is 0.02/day. Such insanity.

At least kill the PoS until about block 50k, or like Cosanta 100k. Why PoS from so early on?
member
Activity: 665
Merit: 15
so... 7,000 blocks in at 4 day's time when it should take 9.5 (if a steady 120s block time) and a "networkghps": 1,116.285 ?
You expect to mine with CPU??
Just look at the mined found blocks. Less than 40% and it is going down.
Why turn on PoS right at the start? This is very unfair to people 2 days into your little pre-mined game let alone 5 days in.

PoS should start later. Block 10k or so. This allows a bunch of people to mine a decent amount in a few week's time. Gives ample opportunity for a wide range of people to own the coin to stake with. Now, you watch, the top 5 will have 90% of the coins and the scraps to everyone else (except threadripper people... they will OWN this coin!)

Kill it indeed. Release with more decentralization in mind. Eliminate the go'damn pre-mine. What are we, 12? Come on children. Get with the times. MN and Pre-Mine are so 2020.  Cheesy
member
Activity: 251
Merit: 13
current difficulty 445.7807891590275
Seriously ? after 6 hours only ?

EDited :
Block reward 1 ! premined ? 1 million
How serious can you be here ?
no explorer " it may be 2m and not only 1 "
as the difficulty really did rise up
we can not get to 400 diff after only 500 blocks
AAAHH yeaah I forget, u're also running a masternode with the premined coins !!

Please kill this project asap. Thanks.
newbie
Activity: 4
Merit: 0
Stake Mining leads to an increase in difficulty. In fact, using wallet Stake Mining is very profitable, and it is compound interest, with an annual rate of more than 800%
newbie
Activity: 3
Merit: 0
What is WalletPassPhrase?

It's a wallet command.

 Cheesy You have to choose Settings/Encrypt Wallet (This is the WalletPassPhrase, basically the password you will use)
newbie
Activity: 43
Merit: 0
What is WalletPassPhrase?

It's a wallet command.
newbie
Activity: 2
Merit: 0
current difficulty 445.7807891590275
Seriously ? after 6 hours only ?

EDited :
Block reward 1 ! premined ? 1 million
How serious can you be here ?
no explorer " it may be 2m and not only 1 "
as the difficulty really did rise up
we can not get to 400 diff after only 500 blocks
AAAHH yeaah I forget, u're also running a masternode with the premined coins !!
maybe you can create first explorer

resource
https://github.com/iquidus/explorer
https://github.com/team-exor/eiquidus
newbie
Activity: 30
Merit: 0
What is WalletPassPhrase?
newbie
Activity: 43
Merit: 0
How to Stake Mining
• Go to the console, use the command, and keep the wallet open.
walletpassphrase YourWalletPassword 8640000 true
• The above command is only for staking, 100% safe


where i find the walletpassphrase ?





ok i got stupid question ^^


[moderator's note: consecutive posts merged]
newbie
Activity: 2
Merit: 0
Promising project.
by any chance, will there be a discord channel, for us...?
Excessive community management distracts the team. We will spend 99% of our energy on core development. Next, we will enable seed nodes at a certain block height to achieve better decentralization.
newbie
Activity: 24
Merit: 0
 Rplant pool

 Block Height: 1794
 Hashrate: 3.01 GH/s
 Difficulty: 24852.74202322
 Nodes connected: 8
 Daemon version: 1000000
 Block reward: 1 CMC
 Last block found: less than a minute ago
 Network share: 0.38 %


diff 500  Cheesy Cheesy Cheesy
newbie
Activity: 3
Merit: 0
Promising project.
by any chance, will there be a discord channel, for us...?
Excessive community management distracts the team. We will spend 99% of our energy on core development. Next, we will enable seed nodes at a certain block height to achieve better decentralization.


Like this new way of seeing things, indeed too much hassle managing a discord channel, a million questions asked a bazillion times. hehe

Any peers to put to .conf, have no connections active.
newbie
Activity: 59
Merit: 0
current difficulty 445.7807891590275
Seriously ? after 6 hours only ?

EDited :
Block reward 1 ! premined ? 1 million
How serious can you be here ?
no explorer " it may be 2m and not only 1 "
as the difficulty really did rise up
we can not get to 400 diff after only 500 blocks
AAAHH yeaah I forget, u're also running a masternode with the premined coins !!
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