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Topic: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer! - page 64. (Read 284956 times)

hero member
Activity: 798
Merit: 500
So what will happen when I find a PoB block? When will I find it? So far burned 1.430847 SLM, running slimcoind -daemon 24/7 and nothing for three days. How can I verify it is working properly? slimcoind calcburnhash always says "unable to calculate burn hash" and with printAnyways option set to true the hash is all f's.

That's too little burnt coins to generate something in a long long time
Yay I found a PoB block! Smiley Wallet shows type "Mint by burn", Amount shows 28.967256; 324 confirmations. However when I double click the transaction I get:
Code:
Status: 324 confirmations
Date: 6/26/14 18:37
From: unknown
To: SiQhkWv9BaCSeUyfgNuLvE9AjFXXtDudgP (yours)
Credit: 0.1048 SLM
Net amount: +0.1048 SLM
Transaction ID: b818968023b45e6000319e1da3136acf88b58cc6f6a163d807d076d1990cb2cd
How come? Wallet balance is no close to 28 SLM. Are 510 confirmations needed again or did I really get just 0.1048 SLM? Why does 'Amount' show 28.967256 then?

bug, ignore the transaction tab for "mint by burn"

to see if you acually burned something, type the following in the debug window

Code:
listtransactions "*" true
jr. member
Activity: 107
Merit: 1
So what will happen when I find a PoB block? When will I find it? So far burned 1.430847 SLM, running slimcoind -daemon 24/7 and nothing for three days. How can I verify it is working properly? slimcoind calcburnhash always says "unable to calculate burn hash" and with printAnyways option set to true the hash is all f's.

That's too little burnt coins to generate something in a long long time
Yay I found a PoB block! Smiley Wallet shows type "Mint by burn", Amount shows 28.967256; 324 confirmations. However when I double click the transaction I get:
Code:
Status: 324 confirmations
Date: 6/26/14 18:37
From: unknown
To: SiQhkWv9BaCSeUyfgNuLvE9AjFXXtDudgP (yours)
Credit: 0.1048 SLM
Net amount: +0.1048 SLM
Transaction ID: b818968023b45e6000319e1da3136acf88b58cc6f6a163d807d076d1990cb2cd
How come? Wallet balance is no close to 28 SLM. Are 510 confirmations needed again or did I really get just 0.1048 SLM? Why does 'Amount' show 28.967256 then?
sr. member
Activity: 462
Merit: 250
what the/...

ye very productive comment...

everybody contact bter their SLM still does not work; twitter, mail, contact form whatever you imagine
full member
Activity: 154
Merit: 100
full member
Activity: 126
Merit: 100
It seems i reached my 1% target on burning, think i go to 2% Smiley

Found two small PoB blocks past hours, 19.11 and 19.12

"Net Burnt Coins" : 1296.07187200,
"Effective Burnt Coins" : 1109.06803900,
"Immature Burnt Coins" : 179.28000000,
"Decayed Burnt Coins" : 7.72383300

"nBurnBits" : "1d021bc2",
"Formatted nEffectiveBurnCoins" : "101851.805624"

((1109.068039+179.28) / 101851) * 100 = 1.265% of the network

While burning all coins i mine, i'm slowly going up in % of the network

"Net Burnt Coins" : 1581.85453500,
"Effective Burnt Coins" : 1523.40332800,
"Immature Burnt Coins" : 47.81000000,
"Decayed Burnt Coins" : 10.64120700

"nBurnBits" : "1d01c36a",
"Formatted nEffectiveBurnCoins" : "121805.056056"

((1523.403328+47.81) / 121805) * 100 = 1.289% of the network


PS: I'm finding only 1 PoB a day, sometimes two.. size 18.06 SLM


I think that's correct , same for me.

    My main problem is: Everybody burn approximately at the same rate as me and my percentage remains almost constant.  
    The issue is that increasing the number of burnt coin affect the number of coin by block and the profitability as well as the rate of decayed burnt coins.

    My main concern is: if I burn every coin I mine what will be the benefit future as first the reward is going down and second the decayed burnt coin is going up quickly Huh Huh



It is going to be very interesting to see where is the limit..... IE: When people are going to stop burning coins because the expectation of gain is going close to zero.

 

 
hero member
Activity: 798
Merit: 500
It seems i reached my 1% target on burning, think i go to 2% Smiley

Found two small PoB blocks past hours, 19.11 and 19.12

"Net Burnt Coins" : 1296.07187200,
"Effective Burnt Coins" : 1109.06803900,
"Immature Burnt Coins" : 179.28000000,
"Decayed Burnt Coins" : 7.72383300

"nBurnBits" : "1d021bc2",
"Formatted nEffectiveBurnCoins" : "101851.805624"

((1109.068039+179.28) / 101851) * 100 = 1.265% of the network

While burning all coins i mine, i'm slowly going up in % of the network

"Net Burnt Coins" : 1581.85453500,
"Effective Burnt Coins" : 1523.40332800,
"Immature Burnt Coins" : 47.81000000,
"Decayed Burnt Coins" : 10.64120700

"nBurnBits" : "1d01c36a",
"Formatted nEffectiveBurnCoins" : "121805.056056"

((1523.403328+47.81) / 121805) * 100 = 1.289% of the network


PS: I'm finding only 1 PoB a day, sometimes two.. size 18.06 SLM
full member
Activity: 126
Merit: 100
So what will happen when I find a PoB block? When will I find it? So far burned 1.430847 SLM, running slimcoind -daemon 24/7 and nothing for three days. How can I verify it is working properly? slimcoind calcburnhash always says "unable to calculate burn hash" and with printAnyways option set to true the hash is all f's.

look at https://bitcointalksearch.org/topic/m.7525656
newbie
Activity: 55
Merit: 0
Hi, guys. what i need to do for synchronyse after 15157 block?

Are you stuck on that block. Getting stuck there happens when you update the client by did not delete the addr.dat, blkindex.dat, and blk0001.dat files. Delete those files, add the nodes on the OP sample config, and restart and you should sync.

Thanks! it work)
legendary
Activity: 872
Merit: 1010
Coins, Games & Miners
Slimcoin, please, add "sendrawtransaction" to the RPC interface.

Why?

I'm creating a transaction server which creates the transactions from scratch, and i'm not going to implement the whole protocol because that's pointless currently. So, it would be nice if the slimcoin wallet/daemon had this json-rpc command to allow sending the aforementioned transactions to the network.

If this is implemented, i'll enable slimcoin for my IAPs system Smiley
full member
Activity: 126
Merit: 100
So the coin has proof of stake now then?
I haven't seen any proof of burn from my 25 effective coins for a while, only stake.
I imagine that's due to only having 25, I used to get one proof of burn payout/day aprox.

Edit: As a side note, I heard something about BTER resuming trading?
And primer, is it profitable to mine @ 0.8khash for $0.007/hour per instance?
I'm using digitalocean with multiple single CPU instances, as they'e cheaper than just going for 4 cores.

  Actually so far 121738 have been burned, and daily I think it is about 25-50 POB block found.

   if you have burnt 25 coin your chance is close to 25/121738 = 0,000205359  =in 25-50 block=  0,005133975-0,01026795

   or   195days - 97days
sr. member
Activity: 462
Merit: 250
I'm curious to see the trade prices after resume, hope it opens up soon
newbie
Activity: 35
Merit: 0
full member
Activity: 138
Merit: 100
So the coin has proof of stake now then?
I haven't seen any proof of burn from my 25 effective coins for a while, only stake.
I imagine that's due to only having 25, I used to get one proof of burn payout/day aprox.

Edit: As a side note, I heard something about BTER resuming trading?
And primer, is it profitable to mine @ 0.8khash for $0.007/hour per instance?
I'm using digitalocean with multiple single CPU instances, as they'e cheaper than just going for 4 cores.
legendary
Activity: 872
Merit: 1010
Coins, Games & Miners
So what will happen when I find a PoB block? When will I find it? So far burned 1.430847 SLM, running slimcoind -daemon 24/7 and nothing for three days. How can I verify it is working properly? slimcoind calcburnhash always says "unable to calculate burn hash" and with printAnyways option set to true the hash is all f's.

That's too little burnt coins to generate something in a long long time
jr. member
Activity: 107
Merit: 1
So what will happen when I find a PoB block? When will I find it? So far burned 1.430847 SLM, running slimcoind -daemon 24/7 and nothing for three days. How can I verify it is working properly? slimcoind calcburnhash always says "unable to calculate burn hash" and with printAnyways option set to true the hash is all f's.
full member
Activity: 126
Merit: 100
I have the message "minting suspended due to locked wallet".

Does this mean that I am getting nothing from burning? Do I have to unlock my wallet?

  yes and yes
full member
Activity: 267
Merit: 100
I have the message "minting suspended due to locked wallet".

Does this mean that I am getting nothing from burning? Do I have to unlock my wallet?
legendary
Activity: 1073
Merit: 1000
What's the IRC channel?  When I go to the one on the front page, it's locked.  When I go to #slimcoin there seems to be nobody...
sr. member
Activity: 371
Merit: 250
I am not getting anything from slimcoinpool.com.
Go to http://slimcoinpool.com/workers, fill in your SLM address. Payouts are processed automatically. Blocks need 510 confirms before the rewards can be credited.

Oh of course that is the reason, i stopped for a few hours so not getting them for that reason.

Thanks for your swift reply.
member
Activity: 100
Merit: 10
Did anyone receive any payouts from https://slm.blockquarry.com ?
I have - threshold is set at 1SLM, last payment was about 2 hours ago for 0.995439 SLM.

We need more hash power at slm.blockquarry.com - we are getting more blocks than slimcoinpool with LESS hash

I just tried to withdraw the remaining 148SLM - did not work. Who runs this shit pool anyway ?
Your mood swings are awesome Smiley

It's run by Cheeto, but you could try paging pinwc4

My mood swings are caused by fucking scammers.. missing couple hundred SLM, moving hash back to sandors pool....

I remember you called sandors pool like shit a few days ago. Dude how old are you anyway ?  Grin I though people get Alzheimer only after 60 years old ?
Btw considering you called blockquarry pool scammers, they have a few others pools as well. I have had some problems with their payment but they are not scammers.

Whatever, my payouts are missing, scammers or not i dont care, they are not getting my business. Hash moved to slimcoinpool. Sandors acts like a smartass sometimes but he is ok, we've been working on shinycoin pool, id say he is legit..

EDIT: got the 173SLM payment...

It would be nice if you went back to your old posts and got rid of your false accusations against us.  Sometimes a little bit of patience for the payment processing jobs to run is all that is needed.  It is a cron job that runs automatically every half hour or so. 
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