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Topic: [ANN] ★★ EBT Coin - Entropybit 100% PoS - Multipool - Bugfix version 4.0.3! ★★ - page 15. (Read 131676 times)

hero member
Activity: 763
Merit: 534
member
Activity: 207
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Thanks for your support.

I think you have around 1.2Mh/s for scrypt, clevermining is estimating 0.00121BTC/Mhs per day so that 0.001452 BTC per day for you on good conditions (that the pool can sell the coins at the moment of mining).
0.001452/0.00000064 (last price we've bought) = 2,268.75 EBT per day.

So I don't think that we are much off, we are a very small pool with much more variance and less luck.

We are trying to maximize the profit with the 18Mhs we have on the pool. Everyone help the pool get bigger.
hero member
Activity: 742
Merit: 500
Come one guys, I have worked for 2 months on gagapool, come mine some EBT, we need more miners for EBT.
X11 is coming Cheesy

I'm mining EBT, but the payouts are pretty low. I'm hoping to build support for the pool. It looks like someone is pumping EBT at the same time, so that's keeping the payouts low. I was hoping for close to 10k per day, but I'm getting more like 2k.
hero member
Activity: 742
Merit: 500
i'm uncertain whether or not 100% max APR would incentivise adopters, it may act to deter potential investors by de-incentivising future adoption. in my opinion, the relatively fast decay rate of APR may cause poor distribution and thus less liquidity.

The 100% APR is the max. The max value never changes. It's the min value that changes. The min starts at 100% and decreases to 1% over 2 years. The actual APR is based on difficulty and lies somewhere between the max and the min. If the diff is harder then the actual APR is closer to the min. If the diff is easier, it's closer to the max.

I've actually never seen this particular combination before, if you really look at it. It is a mix of time-dependence and difficulty dependence. The devs didn't really advertise it as new technology (or at least a new idea), but it is. And it looks like EBT is the only coin with it.

Maybe it will work like the devs want.
member
Activity: 66
Merit: 10
i'm uncertain whether or not 100% max APR would incentivise adopters, it may act to deter potential investors by de-incentivising future adoption. in my opinion, the relatively fast decay rate of APR may cause poor distribution and thus less liquidity.

i can see that the team is actively creating opportunities for interest, for example by introducing a multi-pool. however, from my experience, there is a degree of correlation between multipool participation and liquidity/current pricing.

ever considered adding anonymous features? they have tended to increase value and liquidity of currencies.

otherwise, i think the EBT community is great and the devs have been continuously dedicated.

i acknowledge all i have written is just my opinion.
member
Activity: 207
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Come one guys, I have worked for 2 months on gagapool, come mine some EBT, we need more miners for EBT.
X11 is coming Cheesy
legendary
Activity: 1876
Merit: 1014
Remaining Premine Burned

To clear the EBT palette and prepare for new directions, the remaining EBT premine has been burned.

The burn address is 5XEBTXXXXXXXXXXXXXXXXXXXXXXXWcdiwA.

The premine addresses were 5mNkvK7284HREVfXdXCHJsi5waaH2Tcr1S and 5nuM8xKKNik6sQhZ1ctXvhsa8kfcYTicNc.

The burn transaction details are:

Code:
Date: 6/18/2014 10:43
To: 5XEBTXXXXXXXXXXXXXXXXXXXXXXXWcdiwA
Debit: -213137.80 EBT
Transaction fee: -0.004 EBT
Net amount: -213137.804 EBT
Transaction ID: ebc427cbac991d9f43d9de89708217538dda26bc3360095febe3bd8a0e11ea42


Well, that is very transparent of you guys! I would say a donation address would make sense though. Smiley
EBT
sr. member
Activity: 252
Merit: 250
Remaining Premine Burned

To clear the EBT palette and prepare for new directions, the remaining EBT premine has been burned.

The burn address is 5XEBTXXXXXXXXXXXXXXXXXXXXXXXWcdiwA.

The premine addresses were 5mNkvK7284HREVfXdXCHJsi5waaH2Tcr1S and 5nuM8xKKNik6sQhZ1ctXvhsa8kfcYTicNc.

The burn transaction details are:

Code:
Date: 6/18/2014 10:43
To: 5XEBTXXXXXXXXXXXXXXXXXXXXXXXWcdiwA
Debit: -213137.80 EBT
Transaction fee: -0.004 EBT
Net amount: -213137.804 EBT
Transaction ID: ebc427cbac991d9f43d9de89708217538dda26bc3360095febe3bd8a0e11ea42

hero member
Activity: 531
Merit: 500
AMD | Mining | NVIDIA
Multipool EBT Payouts!!

Mine SCrypt or SHA256 and earn EBT at the gagapool.pw multipool!



Example of Mining for EBT Payouts Using SCrypt
(Yes! You can mine SCrypt and get paid in EBT!!!)
Code:
cgminer -o stratum+tcp://stratum.gagapool.pw:3333 -u EBT_YourEBTAdress

Example of Mining for EBT Payouts Using SHA56
Code:
cgminer -o stratum+tcp://stratum.gagapool.pw:3334 -u EBT_YourEBTAdress


Great! Will mine some EBT  Wink
EBT
sr. member
Activity: 252
Merit: 250
Multipool EBT Payouts!!

Mine SCrypt or SHA256 and earn EBT at the gagapool.pw multipool!



Example of Mining for EBT Payouts Using SCrypt
(Yes! You can mine SCrypt and get paid in EBT!!!)
Code:
cgminer -o stratum+tcp://stratum.gagapool.pw:3333 -u EBT_YourEBTAdress

Example of Mining for EBT Payouts Using SHA56
Code:
cgminer -o stratum+tcp://stratum.gagapool.pw:3334 -u EBT_YourEBTAdress
hero member
Activity: 742
Merit: 500
Can someone add http://gagapool.pw/ in the OP please?
thanks

And guys please mine @Gagapool, I've made the pool for EBT and picked up DIEM on a very late stage because they were having issues with their previous MP. Now I have more miners mining DIEM than EBT :/

Likely because SHA mining anything but BTC isn't worth it and the pool couldn't possibly be mining BTC.  People are better off mining BTC and just buying the EBT themselves than using the pool.

Make EBT the scrypt port and I'd happily move my rigs over...  There also needs to be SOME sort of info on what's being mined to reassure people that the pool is mining the most profitable coin and they're not wasting power.  Just my 2 sat.

Huh? Those were examples.

You can mine either algo and get paid with the coin you choose, So you can get paid with EBT by mining scrypt coins too.

Maybe gagapool is a bit confusing for some, everytime I need to explain this a few times, the algos are not tied to the pay coins, X11 is on the roadmap.

You can mine sha256 or scrypt on gagapool, You choose the paycoin by prefixing your address with either EBT_ or DIEM_ (uppercase!!!).

See here that people are mining scrypt coins and paid in EBT

http://gagapool.pw/workers


Just give examples of all four combinations to avoid the confusion.

Practically everyone I've talked to has been confused by the description.

sr. member
Activity: 350
Merit: 250
Yeah it took me a little while to figure out I could mine scrypt at gaga for EBT too.  Still, gagapool works:

Status: 10549 confirmations
Date: 6/12/2014 05:43
From: unknown
To: 5oXQV43Tyd8t43V2SC2XFnZ5RZtzgK82yi (own address, label: GaGa Pool)
Credit: 5163.95047 EBT
Net amount: +5163.95047 EBT
Transaction ID: f545e5c654060950c6db70e75efd33807549a23a87269c3e2b4d2a42ab1f23fa


Status: 7566 confirmations
Date: 6/13/2014 04:49
From: unknown
To: 5oXQV43Tyd8t43V2SC2XFnZ5RZtzgK82yi (own address, label: GaGa Pool)
Credit: 2200.673985 EBT
Net amount: +2200.673985 EBT
Transaction ID: 2afbadd41bfada97fb1e4a2644c477b7c9fc03bc2f66bef966042b5a3dc4efef

hero member
Activity: 756
Merit: 500
Can someone add http://gagapool.pw/ in the OP please?
thanks

And guys please mine @Gagapool, I've made the pool for EBT and picked up DIEM on a very late stage because they were having issues with their previous MP. Now I have more miners mining DIEM than EBT :/

Likely because SHA mining anything but BTC isn't worth it and the pool couldn't possibly be mining BTC.  People are better off mining BTC and just buying the EBT themselves than using the pool.

Make EBT the scrypt port and I'd happily move my rigs over...  There also needs to be SOME sort of info on what's being mined to reassure people that the pool is mining the most profitable coin and they're not wasting power.  Just my 2 sat.

Huh? Those were examples.

You can mine either algo and get paid with the coin you choose, So you can get paid with EBT by mining scrypt coins too.

Maybe gagapool is a bit confusing for some, everytime I need to explain this a few times, the algos are not tied to the pay coins, X11 is on the roadmap.

You can mine sha256 or scrypt on gagapool, You choose the paycoin by prefixing your address with either EBT_ or DIEM_ (uppercase!!!).

See here that people are mining scrypt coins and paid in EBT

http://gagapool.pw/workers


Aaah!  In that case, yes, a little confusing.   Grin
member
Activity: 207
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Can someone add http://gagapool.pw/ in the OP please?
thanks

And guys please mine @Gagapool, I've made the pool for EBT and picked up DIEM on a very late stage because they were having issues with their previous MP. Now I have more miners mining DIEM than EBT :/

Likely because SHA mining anything but BTC isn't worth it and the pool couldn't possibly be mining BTC.  People are better off mining BTC and just buying the EBT themselves than using the pool.

Make EBT the scrypt port and I'd happily move my rigs over...  There also needs to be SOME sort of info on what's being mined to reassure people that the pool is mining the most profitable coin and they're not wasting power.  Just my 2 sat.

Huh? Those were examples.

You can mine either algo and get paid with the coin you choose, So you can get paid with EBT by mining scrypt coins too.

Maybe gagapool is a bit confusing for some, everytime I need to explain this a few times, the algos are not tied to the pay coins, X11 is on the roadmap.

You can mine sha256 or scrypt on gagapool, You choose the paycoin by prefixing your address with either EBT_ or DIEM_ (uppercase!!!).

See here that people are mining scrypt coins and paid in EBT

http://gagapool.pw/workers
hero member
Activity: 756
Merit: 500
Can someone add http://gagapool.pw/ in the OP please?
thanks

And guys please mine @Gagapool, I've made the pool for EBT and picked up DIEM on a very late stage because they were having issues with their previous MP. Now I have more miners mining DIEM than EBT :/

Likely because SHA mining anything but BTC isn't worth it and the pool couldn't possibly be mining BTC.  People are better off mining BTC and just buying the EBT themselves than using the pool.

Make EBT the scrypt port and I'd happily move my rigs over...  There also needs to be SOME sort of info on what's being mined to reassure people that the pool is mining the most profitable coin and they're not wasting power.  Just my 2 sat.
member
Activity: 207
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Can someone add http://gagapool.pw/ in the OP please?
thanks

And guys please mine @Gagapool, I've made the pool for EBT and picked up DIEM on a very late stage because they were having issues with their previous MP. Now I have more miners mining DIEM than EBT :/
hero member
Activity: 742
Merit: 500
2,555.102 EBT = $1 USD

WTF?  Is that correct?  Last time I checked it was around 5000 EBT per $

Hate missing buy opportunities.

To those who held when everyone else started dumping the moment it got listed on Poloniex;

Good call.

Honestly not a fan of the new name and the staking change at the end of the mimth makes me nervous, but from what i hear about upciming merchant acceptance I think its going to keep going up.


Do you mean "end of ninth"? Maybe this is just the beginning. The devs obviously have investors in mind with every move. Look at what they have done:

1. Gradual re-branding away from the original less than savory image (go back and look at the early part of this thread).
2. Move to pure PoS, which stabilizes the coins value.
3. Upping the interest and shortening the maturity to stabilize the network and award early investors.
4. EBT is even the payout coin of a multipool (I believe this is xminer's work).

Why would any of this make you nervous?


[addendum]


Most devs at such a late stage are either non-existent, stepping in to try to profit from a "rescue" by awarding themselves coins, or doing nothing and claiming that changing anything about the coin is somehow a mortal sin.

The EBT devs seem to treat EBT as a true long-term investment and are willing to adapt to a changing market without blind ideologies getting in the way of sound decisions.
sr. member
Activity: 350
Merit: 250
2,555.102 EBT = $1 USD

WTF?  Is that correct?  Last time I checked it was around 5000 EBT per $

Hate missing buy opportunities.

To those who held when everyone else started dumping the moment it got listed on Poloniex;

Good call.

Honestly not a fan of the new name and the staking change at the end of the mimth makes me nervous, but from what i hear about upciming merchant acceptance I think its going to keep going up.
hero member
Activity: 532
Merit: 500
2,555.102 EBT = $1 USD

WTF?  Is that correct?  Last time I checked it was around 5000 EBT per $

Hate missing buy opportunities.

To those who held when everyone else started dumping the moment it got listed on Poloniex;

Good call.
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