[ANN] FoldingCoin - MINE FOR MEDICINE- PHASE 2.0 - page 14.

ComputerGenie

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Retired IRCX God

Quote from: QuintLeo on July 14, 2017, 09:23:14 PM

Between the price drop (on pretty much ALL alt-coins not just CURE and FLDC) and the massive increase in folks folding for Team Curecoin (not quite double the PPD each of the last 2 months, but easily 4x over the last 3) the profitability of CURE and FLDC has dropped a TON the last couple weeks...

It sure feels that way; however

The price close on 3-14 was 0.00000193
The price close on 7-14 was 0.00000615
That's a price increase of a factor of 3.187

Total New Credits on 4-14: 199031889
Total New Credits on 7-14: 724579840
That's a production increase of a factor of 3.64

Even if you haven't expanded any in the last 3 months, the price factor has risen to a level where it still pays way more than reasonably expected.

QuintLeo

legendary

Activity: 1498

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Between the price drop (on pretty much ALL alt-coins not just CURE and FLDC) and the massive increase in folks folding for Team Curecoin (not quite double the PPD each of the last 2 months, but easily 4x over the last 3) the profitability of CURE and FLDC has dropped a TON the last couple weeks.

It appears to have dropped enough to have FINALLY stopped the rapid deployment of new folding rigs, the last 3 days has been pretty close to flat....

Thank goodness my Scrypt ASICs are making enough to pay my bills for now, or I'd have to start redeploying back OUT of folding into mining....

BTW Yey - by current standards you'd be a mid-range folder at best, I pull in more PPD a month than you have total (to be fair, I probably DO count as a heavy hitter, though I don't have 2% of Team Curecoin production any more I'm still in shouting range).

9-)

Yey09

sr. member

Activity: 626

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http://scientificcoin.com/

I should've known this way back before I was folding with F@H. I stop folding just last year, and went to mining btc/alt coins.

http://fah-web2.stanford.edu/cgi-bin/main.py?qtype=userpage&username=Yey09

QuintLeo

legendary

Activity: 1498

Merit: 1030

I gave up on that PEPE junk a couple months before I finally moved out of using Counterparty entirely.

Counterparty is just a ripoff, pure and simple, and IMO Foldingcoin should DROP their association with that trash.

Thank goodness for "mine to exchange wallet" as a viable option!

ComputerGenie

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Activity: 1092

Merit: 552

Retired IRCX God

That moment when you realize that you've spent more BTC on the multiple times you've listed your FOLDERPEPE for sale (because of forced 1 week expirations) than you'll ever be able to sell it for Cry

azmojo

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Activity: 476

Merit: 251

Quote from: gallery2000 on July 01, 2017, 07:37:27 AM

reserve for North Vietnamese translation

Isn't it too late?

gallery2000

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Live Stars - Adult Streaming Platform

reserve for North Vietnamese translation

ComputerGenie

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Activity: 1092

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Quote from: shaka256 on July 01, 2017, 07:07:03 AM

I'm sure you would have loved it even more if I worded it "There are about 7500 CURE that are distributed everyday: 76% to people folding in Curecoin Team and 19% mostly for PoS and not enough for people mining" Cheesy

Nah, my CURE issue isn't amount earned with PoW(I'm fine with earning 100-300 a day, especially selling at 20-22¢ each), it's just how the diff formula is weighted that bugs me. Wink

shaka256

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Quote from: ComputerGenie on July 01, 2017, 06:11:01 AM

Quote from: shaka256 on June 30, 2017, 06:52:05 PM

...There are about 7500 CURE that are distributed everyday: 76% to people folding in Curecoin Team and 19% for people mining and PoS...

As a guy that folds, mines, and has PoS wallets, there are 101 reasons why I love that you worded it that way. Cool

I'm sure you would have loved it even more if I worded it "There are about 7500 CURE that are distributed everyday: 76% to people folding in Curecoin Team and 19% mostly for PoS and not enough for people mining" Cheesy

ComputerGenie

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Quote from: Metros on June 30, 2017, 06:26:28 PM

What are the methods of staking in FoldingCoin ? (staking/mining/masternode)

And what are the minimum coins needed for each of the methods?

Also, is there a known fee reward (estimation) or a calculator?

I am thinking to get into the FoldingCoin world.

FDLC isn't that type of coin.
FLDC is a type of reward based "asset" system for those that participate in Folding@home (FAH or F@h),which is a distributed computing project for disease research.
You use your computer to participate in the project and you earn FLDC based on how much work you contribute to the project (relative to how much everyone else involved contributes on a given day/month).

ComputerGenie

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Activity: 1092

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Retired IRCX God

Quote from: shaka256 on June 30, 2017, 06:52:05 PM

...There are about 7500 CURE that are distributed everyday: 76% to people folding in Curecoin Team and 19% for people mining and PoS...

As a guy that folds, mines, and has PoS wallets, there are 101 reasons why I love that you worded it that way. Cool

shaka256

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Activity: 103

Merit: 10

Quote from: cryptotum88 on June 30, 2017, 04:52:17 PM

Do join a bigger team increase the earning or is the same?

You'll have same FLDC earning whatever team you join.

Quote from: cryptotum88 on June 30, 2017, 04:52:17 PM

When you are mining also cure coins how much cure coins and folding coins do you earn? 50/50 ?

There are about 7500 CURE that are distributed everyday: 76% to people folding in Curecoin Team and 19% for people mining and PoS.
There are 250000 FLDC that are distributed everyday to folders who have a FLDC-compatible nickname (ie including a counterparty address)

Quote from: cryptotum88 on June 30, 2017, 04:52:17 PM

If I only mine folding coin will i receive more folding coin?

You can't mine FLDC. You need to fold to earn FLDC.
If you only focus on FLDC you won't get more FLDC.

Quote from: cryptotum88 on June 30, 2017, 04:52:17 PM

Thanks again for your great help!

You're wellcome!

Metros

full member

Activity: 308

Merit: 100

What are the methods of staking in FoldingCoin ? (staking/mining/masternode)

And what are the minimum coins needed for each of the methods?

Also, is there a known fee reward (estimation) or a calculator?

I am thinking to get into the FoldingCoin world.

cryptotum88

full member

Activity: 379

Merit: 100

Do join a bigger team increase the earning or is the same?

When you are mining also cure coins how much cure coins and folding coins do you earn? 50/50 ?

If I only mine folding coin will i receive more folding coin?

Thanks again for your great help!

ComputerGenie

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Activity: 1092

Merit: 552

Retired IRCX God

Quote from: cryptotum88 on June 30, 2017, 10:36:35 AM

Hello,

I have a question: to earn foldingcoin we had to use a counterparty wallet, on counterparty wallet there are only XCP and Bitcoin, so when you are earning foldingcoin what are u really earning, BTC, XCP or neither?

Can someone please help me understand?

Thank you.

You are earning FLDC (FoldingCoin). What you see on Counterwallet (which has a "built-in" exchange) is just the limited set of pairs that Counterparty makes available; you can use Counterparty (or any other exchange) to trade your FLDC for whatever you like.

cryptotum88

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Activity: 379

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Hello,

I have a question: to earn foldingcoin we had to use a counterparty wallet, on counterparty wallet there are only XCP and Bitcoin, so when you are earning foldingcoin what are u really earning, BTC, XCP or neither?

Can someone please help me understand?

Thank you.

azmojo

sr. member

Activity: 476

Merit: 251

I like the action that I'm seeing, is FLDC just going up with the everything else?

loveinberlin

member

Activity: 336

Merit: 10

Quote from: Metros on June 23, 2017, 07:34:27 PM

Hey, I'm new to Folding.

I have a few questions.

Is there a wallet that can hold all of my Counterparty tokens? (like MEW vs ERC20).

Is there and benefit for long-term FoldingCoin holders?

Benefit is anywhere in crypto world.

QuintLeo

legendary

Activity: 1498

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FLDC bounces around a lot over the course of a month - and we really don't need a play-by-play on that.

oleksii777

sr. member

Activity: 560

Merit: 256

How do you think the price will fall back to 700 satoshi?

Topic: [ANN] FoldingCoin - MINE FOR MEDICINE- PHASE 2.0 - page 14. (Read 473628 times)