Topic: [ANN] ★★ EBT Coin - Entropybit 100% PoS - Multipool - Bugfix version 4.0.3! ★★ - page 68. (Read 131696 times)
February 24, 2014, 01:55:18 AM
I think the POS thing needs explained more. Do i need to solo mine to get access to my POS shares?
February 24, 2014, 01:23:25 AM
POW, POS is the future
I could have told you that 3.5 weeks ago when EBT was brand new and I put 100% mining power on it.
Sorry was too busy mining mint, I think I did ok with that choice.
February 24, 2014, 01:16:33 AM
Good to know that EBT is starting to get it's much deserved attention. I am an early adopter(stopped mining for now, since buying EBT is more profitable) and will hold all my coins, no matter what..
February 24, 2014, 12:16:51 AM
I have been using the azure free cloud vm trial. almost burned throught he 200 mining EBT almost mined 4,000 in the last few days.
Hope I can beef my own pc soon with a better vidcard so I can mine higher! I love this coin! EBT!!!!!!!!!!!!
Hope I can beef my own pc soon with a better vidcard so I can mine higher! I love this coin! EBT!!!!!!!!!!!!
February 23, 2014, 11:45:20 PM
POW, POS is the future
I could have told you that 3.5 weeks ago when EBT was brand new and I put 100% mining power on it.
February 23, 2014, 11:01:34 PM
100 satoshi easy POW, POS is the future
Quite low-balling. UTC is another PoS coin and it's currently at 0.0003984
Granted they have a bigger community and UTC is ASIC resistant, but EBT is a solid coin.
EBT Dev's are active, community is growing rapidly, sites are getting ready to accept it (for goods, not more exchanges) and don't forget, even bitches take it!
I won't be selling EBT for less than 0.0001500 BTC in the beginning, but if people want to sell to me lower, I'm fine with that.
February 23, 2014, 10:39:06 PM
100 satoshi easy POW, POS is the future
February 23, 2014, 10:36:37 PM
Yeah dude guess who 
gonna be big paycheck end of the month when the worth and diff arise im the whaler! haha
gonna be big paycheck end of the month when the worth and diff arise im the whaler! hahaWelcome
Care to share what you think a fair price for this coin is?
February 23, 2014, 08:46:04 PM
Yeah dude guess who gonna be big paycheck end of the month when the worth and diff arise im the whaler! haha
gonna be big paycheck end of the month when the worth and diff arise im the whaler! haha February 23, 2014, 08:19:57 PM
Screw it, I'm going in big...
February 23, 2014, 08:09:49 PM
February 23, 2014, 07:51:27 PM
Next mintcoin do I smell? Mining the shit out of this.
Was hoping to get a few more before the rush..
February 23, 2014, 07:47:31 PM
Next mintcoin do I smell? Mining the shit out of this.
February 23, 2014, 07:02:41 PM
You sitting on 1 mill icky?
No, I traded well, but not that well. I was just using a round number.
We need someone to come up with a nice spreadsheet to show the PoS rewards. That would really help.
Small bounty dev for a good PoS chart for EBT earnings?
February 23, 2014, 07:00:37 PM
You sitting on 1 mill icky?
No, I traded well, but not that well. I was just using a round number.
February 23, 2014, 06:59:51 PM
You sitting on 1 mill icky?
February 23, 2014, 06:52:59 PM
Quote
Proof of Stake explained:
100.00 EBT mature over a 90-day period.
From Day 1 through Day 30, there is no change, but the coins "age" in the background
On Day 30, Your coins become eligible for PoS minting
From Day 31 through Day 90, Your chances of hitting a PoS block increase. After day 90 your chances dont get any better.
When a Stake block is hit the input that was used gets locked for 25 blocks as the POS block matures. It is moved to the stake column and a transaction will appear in your wallet for 10 EBT
After 25 blocks your 100EBT is returned and your 10 EBT is confirmed leaving you with 110 EBT
100.00 EBT mature over a 90-day period.
From Day 1 through Day 30, there is no change, but the coins "age" in the background
On Day 30, Your coins become eligible for PoS minting
From Day 31 through Day 90, Your chances of hitting a PoS block increase. After day 90 your chances dont get any better.
When a Stake block is hit the input that was used gets locked for 25 blocks as the POS block matures. It is moved to the stake column and a transaction will appear in your wallet for 10 EBT
After 25 blocks your 100EBT is returned and your 10 EBT is confirmed leaving you with 110 EBT
So I get the basics of PoS and I know its been explained several times. But is it possible to get a better estimate of the bottom line of exactly how much interest is earned? What are the "chances" of hitting a PoS block?
More specifically, if you start with a nice round 1 million PoS, on average what is the expected balance after 90 days?
Is this interest compounded within a single 90-day period? If a PoS block is hit, are you eligible to hit additional PoS blocks within the 90-day period or is it capped at a maximum of 10% return per 90 days? Additionally, what are the chances of never hitting a PoS block within 90 days or 365 days and earning zero interest?
February 23, 2014, 06:47:17 PM
I wish I was the whale lol...lousy 30khash.
Difficulty is still really low, so it's profitable now at any level, but even more so when EBT takes off. I haven't sold any EBT, and I do not plan to for a very long time.
I sold..
And bought and sold and bought.
Now I have 5 times what I started with. Thanks dumpers!
Nice work. EBT favours the brave.
February 23, 2014, 06:45:18 PM
I wish I was the whale lol...lousy 30khash.
Difficulty is still really low, so it's profitable now at any level, but even more so when EBT takes off. I haven't sold any EBT, and I do not plan to for a very long time.
I sold..
And bought and sold and bought.
Now I have 5 times what I started with. Thanks dumpers!
February 23, 2014, 06:29:02 PM
Looking forward to EBT being listed on lazycoins.
I totally agree we need more images like this. Not what I was expecting when I started mining EBT, but I think it's great.
I totally agree we need more images like this. Not what I was expecting when I started mining EBT, but I think it's great.
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