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Topic: [ANN] Maieuticoin | 2014% PoS | 10k/MMXIV and BALLS/MMXIV Markets NOW OPEN - page 59. (Read 283202 times)

legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
Thank you, I did not know that.

Every time I start to feel bad for being mean, you say something else snarky. I feel bad now. Let's start 2015 off on a better note
hero member
Activity: 556
Merit: 500
Thank you, I did not know that.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
Some people in IRC are renting and pointing the rigs at the Scrypt port at pool.mmxivcoin.com

Join in! The more miners we have, the more everyone will make! Just mining on the pool automatically enters you in a random MMXIV giveaway. Random addresses will receive random amounts to say thanks for mining with us  Wink
How does that math work? I thought all coins mined were sold and then converted to M-Coin. How will my earnings go up if more people mine? Isn't my reward going to the same proportionately (in theory)? How are payments adjusted according to the total hash rate? And are you calling it MMXIV again now?

More hashrate = more blocks found = each share is worth more MMXIV
Yes, but if blocks found is proportional to hash rate (and it is) and shares are proportional to hash rate and payout is proportional to shares earned, then I see no way to earn "more" if more miners join.
If for example today I earned 1% of all shares, and the pool earned 10 M coin, I get 1% of the 10 M coin, or 0.1M.
If the mining doubles tomorrow (but my rig output remains the same) and as a result I earn 0.5% of all shares and the pool earns 20 M coins, I get 0.5% of the M coin which works out to be the same amount, 0.1M.

Please don't mine on the pool if you really are this stupid
Please someone explain where I am wrong. If I am wrong I will admit it. I am trying to understand.

The ratio of finding a block to increasing hashrate is multiplicative, not additive. Double the hashrate will find more than double the blocks. This is why pools are successful
hero member
Activity: 556
Merit: 500
Some people in IRC are renting and pointing the rigs at the Scrypt port at pool.mmxivcoin.com

Join in! The more miners we have, the more everyone will make! Just mining on the pool automatically enters you in a random MMXIV giveaway. Random addresses will receive random amounts to say thanks for mining with us  Wink
How does that math work? I thought all coins mined were sold and then converted to M-Coin. How will my earnings go up if more people mine? Isn't my reward going to the same proportionately (in theory)? How are payments adjusted according to the total hash rate? And are you calling it MMXIV again now?

More hashrate = more blocks found = each share is worth more MMXIV
Yes, but if blocks found is proportional to hash rate (and it is) and shares are proportional to hash rate and payout is proportional to shares earned, then I see no way to earn "more" if more miners join.
If for example today I earned 1% of all shares, and the pool earned 10 M coin, I get 1% of the 10 M coin, or 0.1M.
If the mining doubles tomorrow (but my rig output remains the same) and as a result I earn 0.5% of all shares and the pool earns 20 M coins, I get 0.5% of the M coin which works out to be the same amount, 0.1M.

Please don't mine on the pool if you really are this stupid
Please someone explain where I am wrong. If I am wrong I will admit it. I am trying to understand.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
Some people in IRC are renting and pointing the rigs at the Scrypt port at pool.mmxivcoin.com

Join in! The more miners we have, the more everyone will make! Just mining on the pool automatically enters you in a random MMXIV giveaway. Random addresses will receive random amounts to say thanks for mining with us  Wink
How does that math work? I thought all coins mined were sold and then converted to M-Coin. How will my earnings go up if more people mine? Isn't my reward going to the same proportionately (in theory)? How are payments adjusted according to the total hash rate? And are you calling it MMXIV again now?

More hashrate = more blocks found = each share is worth more MMXIV
Yes, but if blocks found is proportional to hash rate (and it is) and shares are proportional to hash rate and payout is proportional to shares earned, then I see no way to earn "more" if more miners join.
If for example today I earned 1% of all shares, and the pool earned 10 M coin, I get 1% of the 10 M coin, or 0.1M.
If the mining doubles tomorrow (but my rig output remains the same) and as a result I earn 0.5% of all shares and the pool earns 20 M coins, I get 0.5% of the M coin which works out to be the same amount, 0.1M.

Please don't mine on the pool if you really are this stupid
hero member
Activity: 556
Merit: 500
Some people in IRC are renting and pointing the rigs at the Scrypt port at pool.mmxivcoin.com

Join in! The more miners we have, the more everyone will make! Just mining on the pool automatically enters you in a random MMXIV giveaway. Random addresses will receive random amounts to say thanks for mining with us  Wink
How does that math work? I thought all coins mined were sold and then converted to M-Coin. How will my earnings go up if more people mine? Isn't my reward going to the same proportionately (in theory)? How are payments adjusted according to the total hash rate? And are you calling it MMXIV again now?

More hashrate = more blocks found = each share is worth more MMXIV
Yes, but if blocks found is proportional to hash rate (and it is) and shares are proportional to hash rate and payout is proportional to shares earned, then I see no way to earn "more" if more miners join.
If for example today I earned 1% of all shares, and the pool earned 10 M coin, I get 1% of the 10 M coin, or 0.1M.
If the mining doubles tomorrow (but my rig output remains the same) and as a result I earn 0.5% of all shares and the pool earns 20 M coins, I get 0.5% of the M coin which works out to be the same amount, 0.1M.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
Some people in IRC are renting and pointing the rigs at the Scrypt port at pool.mmxivcoin.com

Join in! The more miners we have, the more everyone will make! Just mining on the pool automatically enters you in a random MMXIV giveaway. Random addresses will receive random amounts to say thanks for mining with us  Wink
How does that math work? I thought all coins mined were sold and then converted to M-Coin. How will my earnings go up if more people mine? Isn't my reward going to the same proportionately (in theory)? How are payments adjusted according to the total hash rate? And are you calling it MMXIV again now?

More hashrate = more blocks found = each share is worth more MMXIV. It was very clearly stated in 1.0.8 it was MMXIV again. But good to know when I do post updates like you ask, you actually take the time to read them  Roll Eyes
hero member
Activity: 556
Merit: 500
Some people in IRC are renting and pointing the rigs at the Scrypt port at pool.mmxivcoin.com

Join in! The more miners we have, the more everyone will make! Just mining on the pool automatically enters you in a random MMXIV giveaway. Random addresses will receive random amounts to say thanks for mining with us  Wink
How does that math work? I thought all coins mined were sold and then converted to M-Coin. How will my earnings go up if more people mine? Isn't my reward going to the same proportionately (in theory)? How are payments adjusted according to the total hash rate? And are you calling it MMXIV again now?
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
Some people in IRC are renting and pointing the rigs at both the SHA and Scrypt ports at pool.mmxivcoin.com

Join in! The more miners we have, the more everyone will make! Just mining on the pool automatically enters you in a random MMXIV giveaway. Random addresses will receive random amounts to say thanks for mining with us  Wink
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
24 hours already no signs of staking any problem ?

@Igotspots : Now we have this cool looking wallet, maybe you could delete all traces of the old "vanilla wallet". I mean we dont need that anymore with the new cool one Wink


Vegas
hero member
Activity: 556
Merit: 500
I will never understand why you guys are undercutting each other by like .005 BTC each with dust. You could be making triple that, it was .03  earlier

I never understand why people would sell this too early, compound interest effect and earning 5% a day, with the coin starting off from such a low base, and still well under 10k coins in existence.

Also yeah a bit of promotion and this thing could be triple the price even when 10x the current supply is available.
You have to beat the inflation. When the supply double price gets cut in half.
hero member
Activity: 770
Merit: 500
 24 hours already no signs of staking any problem ?
legendary
Activity: 1876
Merit: 1000
I will never understand why you guys are undercutting each other by like .005 BTC each with dust. You could be making triple that, it was .03  earlier

I never understand why people would sell this too early, compound interest effect and earning 5% a day, with the coin starting off from such a low base, and still well under 10k coins in existence.

Also yeah a bit of promotion and this thing could be triple the price even when 10x the current supply is available.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
I will never understand why you guys are undercutting each other by like .005 BTC each with dust. You could be making triple that, it was .03  earlier
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
Updated the website and Maieutica got some new moves today!


Now I can keep the main page updated through Twitter so you can get all the news from Twitter either on the website or the mobile app located here: http://www.mmxivcoin.com/mobile
hero member
Activity: 532
Merit: 500
Someone selling every 4 or 5 days 100MMxiv coins I wonder who could that be Wink
Maybe i should buy 1200 coinss so can i do the same  Cool

Wise words.  There are only 91 for sale right now I think you should buy them all Smiley
sr. member
Activity: 391
Merit: 250
legendary
Activity: 1148
Merit: 1000
Someone selling every 4 or 5 days 100MMxiv coins I wonder who could that be Wink
Maybe i should buy 1200 coinss so can i do the same  Cool

At what exchange are they selling them at?
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
it seems to me with the new wallet I'm staking quite as much.. am I jumping the gun here or is there something to this?

Nothing of the sort has changed. If it did, there would be a fork and the two clients would no longer talk to each other
sr. member
Activity: 391
Merit: 250
Someone selling every 4 or 5 days 100MMxiv coins I wonder who could that be Wink
Maybe i should buy 1200 coinss so can i do the same  Cool
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