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Topic: [ANN] Nanite [XNAN] - X11 | PoS | HTML5/NodeJS | Point-of-Sale Software | Mobile - page 17. (Read 48357 times)

legendary
Activity: 2688
Merit: 1240
If this one also gets > 100 GH/s ? Wink
legendary
Activity: 1517
Merit: 1042
@notsofast
legendary
Activity: 924
Merit: 1000
Bitfarms.io
full member
Activity: 224
Merit: 100
here for a while
Let's see... Please make 1-100 blocks 0 coins and I'm in!

there are only 4001 pow blocks. please do not make any of them 0. miners have it bad enough lately with all the ico. they don't need to be punished further to protect the lazy.



The reward structure won't be changed, as wallets/nodes are already compiled. Essentially its first in first served, if you truly believe that we can make Nanite something big you'll be here mining from the start.
I understand that! I just think that 100 blocks with 0 coins is a great method for anti-instamine and fair distribution. There are too many crypto wolves to pounce coin per hour and at the earliest opportunity will dump to the end. just my 2 cents.
legendary
Activity: 2688
Merit: 1240
I don't know why people are complaining about this one. Seeing a POW coin with no ICO is a blessing nowadays.

Why ? There tons of coins released everyday....

Yeah, but this one doesn't have the Ethereum dev/Truck picture on it.

hahaha +1  Grin

much luck Wink

hero member
Activity: 574
Merit: 500
( ͡° ͜ʖ ͡°)
I don't know why people are complaining about this one. Seeing a POW coin with no ICO is a blessing nowadays.

Why ? There tons of coins released everyday....

Yeah, but this one doesn't have the Ethereum dev/Truck picture on it.
legendary
Activity: 2688
Merit: 1240
I don't know why people are complaining about this one. Seeing a POW coin with no ICO is a blessing nowadays.

Why ? There tons of coins released everyday....
hero member
Activity: 527
Merit: 500
I don't know why people are complaining about this one. Seeing a POW coin with no ICO is a blessing nowadays.

Nomen est omen, eh mate Smiley
hero member
Activity: 574
Merit: 500
( ͡° ͜ʖ ͡°)
I don't know why people are complaining about this one. Seeing a POW coin with no ICO is a blessing nowadays.
newbie
Activity: 14
Merit: 0
Let's see... Please make 1-100 blocks 0 coins and I'm in!

there are only 4001 pow blocks. please do not make any of them 0. miners have it bad enough lately with all the ico. they don't need to be punished further to protect the lazy.



The reward structure won't be changed, as wallets/nodes are already compiled. Essentially its first in first served, if you truly believe that we can make Nanite something big you'll be here mining from the start.
legendary
Activity: 1484
Merit: 1000
people even fud algos now. its dumb.

Its not fud lol. Just a concern about distribution, smart people should know  Smiley
legendary
Activity: 938
Merit: 1001
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
people even fud algos now. its dumb.

The point of PoW is distribution which is pretty bad with these ASIC/FPGA/whatever algos like the x-series. And if this coin hits an exchange before the PoW period, multipools will dump the price to the usual levels.
sr. member
Activity: 332
Merit: 250
people even fud algos now. its dumb.

legendary
Activity: 1484
Merit: 1000
x11?  Roll Eyes

We chose x11 for the PoW distribution phase as its less power hungry as some other hashing algorithm's and is widely supported by many mining software programs.
I understand its less power hungry algo but in pool you ll see big big farms (may be x11 asic) hashing this coin and driving small gpu miners away from getting even few coins  Wink

^This. You can rent 3.5Gh/s "rigs".

Let's see... Please make 1-100 blocks 0 coins and I'm in!

What's the fun in that? Cheesy
Rent 3.5 gh/s rig? I can afford only 3.5 mh/s bro  Grin
sr. member
Activity: 332
Merit: 250
Let's see... Please make 1-100 blocks 0 coins and I'm in!

there are only 4001 pow blocks. please do not make any of them 0. miners have it bad enough lately with all the ico. they don't need to be punished further to protect the lazy.

legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
x11?  Roll Eyes

We chose x11 for the PoW distribution phase as its less power hungry as some other hashing algorithm's and is widely supported by many mining software programs.
I understand its less power hungry algo but in pool you ll see big big farms (may be x11 asic) hashing this coin and driving small gpu miners away from getting even few coins  Wink

^This. You can rent 3.5Gh/s "rigs". There are a few, more fair algos (qubit, whirlpool, luffa, cryptonight, m7, blake512, hefty1, fugue, deep, s3 (most energy efficient)) but whatever.

Let's see... Please make 1-100 blocks 0 coins and I'm in!

What's the fun in that? Cheesy
newbie
Activity: 14
Merit: 0
x11?  Roll Eyes

We chose x11 for the PoW distribution phase as its less power hungry as some other hashing algorithm's and is widely supported by many mining software programs.
I understand its less power hungry algo but in pool you ll see big big farms (may be x11 asic) hashing this coin and driving small gpu miners away from getting even few coins  Wink

This is why we varied the reward structures, so hopefully any big farms will not be constant allowing even the small miners to join in.

We tried to eliminate this the best way we could, but big miners will always dominate with multiple algorithms (scypt, sha, x11/13/15 etc)
legendary
Activity: 1484
Merit: 1000
x11?  Roll Eyes

We chose x11 for the PoW distribution phase as its less power hungry as some other hashing algorithm's and is widely supported by many mining software programs.
I understand its less power hungry algo but in pool you ll see big big farms (may be x11 asic) hashing this coin and driving small gpu miners away from getting even few coins  Wink
So technically with x11 you ll be feeding whales   Undecided
sr. member
Activity: 364
Merit: 250
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