Topic: [ANN] The Nibble (NBL) Trade On Cryptsy.com **Update Your Conf File*** - page 65. (Read 84031 times)
May 18, 2013, 05:08:39 PM
Watching this thread with interest
May 18, 2013, 05:06:19 PM
yep that's my plan, no point wasting 20,000 hashs at the start when I can mine other coins and wait till the network reaches a diff of 1
It's an interesting idea, but I'll just join a pool and forget about solo mining this one.
thats the idea mine other coins now when diff gets to 1 join a pool the shares would be ore that the 1 couin at start lol
May 18, 2013, 05:06:08 PM
I am already getting depressed by this coin 
May 18, 2013, 05:05:10 PM
It's an interesting idea, but I'll just join a pool and forget about solo mining this one.
thats the idea mine other coins now when diff gets to 1 join a pool the shares would be ore that the 1 couin at start lol May 18, 2013, 05:04:05 PM
yeah that might be best, solo mining is out the window at the early stages for this for sure
It's an interesting idea, but I'll just join a pool and forget about solo mining this one.
May 18, 2013, 05:03:45 PM
good luck having enough coins to promote your coin. With no early miner incentive coin will die off quicker
May 18, 2013, 05:03:15 PM
It's an interesting idea, but I'll just join a pool and forget about solo mining this one.
May 18, 2013, 05:02:29 PM
I think ill wait till later blocks to start mining and let the dummies take the first blocks, doesn't make sense to mine early and with the cost of electricity etc for a reward of 1 nibble per block,
May 18, 2013, 05:02:22 PM
So, the coin isn't designed to entice early adoption, or am i missing something?
May 18, 2013, 05:01:25 PM
thoughts and opinions?
get in late not worth early too many orphans and for 1 ? 
May 18, 2013, 05:01:21 PM
May 18, 2013, 05:00:30 PM
thoughts and opinions? so the longer we wait to mine to more nibs we would get ?
May 18, 2013, 04:57:31 PM
Quote
Specs:
Ascending reward system to stave off insta-mining, pre-mining, unfair rewards for early adopters.
Block 1 - 2016 @ 1 NIB
Block 2017 - 4032 @ 2 NIB's
Block 4033 - 6047 @ 4 NIB's
Block 6048 - 8063 @ 8 NIB's
Block 8064 - 10079 @ 16 NIB's
Block 10080 - 12095 @ 32 NIB's *** Difficulty SHOULD reach 1+ at this point. Total NIB's mined = 127,004
Block 12096 - 219555 @ 50 NIB's
Block 219556 - 639555 @ 25 NIB's
21,000,004 total NIB's (4 more than Bitcoin)
639,555 total blocks
2 1/2 minute blocks (4 times faster than Bitcoin)
2016 Block Difficulty Retarget
Why is this system better?
Litecoin's 1st 12,096 blocks produced 604,800 LTC - though GPU mining wasn't released to the general public (but that's not it wasn't used)
Feathercoin's 1st 12,096 blocks produced 2,419,200 FTC
Nibble's 1st 12,096 blocks will produce 127,054 NIB
Ascending reward system to stave off insta-mining, pre-mining, unfair rewards for early adopters.
Block 1 - 2016 @ 1 NIB
Block 2017 - 4032 @ 2 NIB's
Block 4033 - 6047 @ 4 NIB's
Block 6048 - 8063 @ 8 NIB's
Block 8064 - 10079 @ 16 NIB's
Block 10080 - 12095 @ 32 NIB's *** Difficulty SHOULD reach 1+ at this point. Total NIB's mined = 127,004
Block 12096 - 219555 @ 50 NIB's
Block 219556 - 639555 @ 25 NIB's
21,000,004 total NIB's (4 more than Bitcoin)
639,555 total blocks
2 1/2 minute blocks (4 times faster than Bitcoin)
2016 Block Difficulty Retarget
Why is this system better?
Litecoin's 1st 12,096 blocks produced 604,800 LTC - though GPU mining wasn't released to the general public (but that's not it wasn't used)
Feathercoin's 1st 12,096 blocks produced 2,419,200 FTC
Nibble's 1st 12,096 blocks will produce 127,054 NIB
May 18, 2013, 04:54:57 PM
good point lol
if there is no early mining incentive. WHY mine early?
May 18, 2013, 04:53:02 PM
if there is no early mining incentive. WHY mine early?
May 18, 2013, 04:50:46 PM
why not? ya never know what coins makes it to exchanges, look at ftc and cnc they made it, yac even made it to bter..
Why would I waste my hashrate on another LiteCoin fork that never makes it to an exchange?
After Yac, another 34 coins are released...
Maybe a nice coin to experiment with 51% attacks at low difficulty.
I'm going to give it a try with my upgraded miningfarm.
I will def. try to pull the ethernet this time!
May 18, 2013, 04:49:25 PM
Having a hard time trusting all these coin releases by people just out of newbie status.
Same user released 2 coins before, just another username
Difficulty got stuck again, so new coin...
May 18, 2013, 04:46:43 PM
hahahahahaha
May 18, 2013, 04:46:34 PM
Having a hard time trusting all these coin releases by people just out of newbie status.
May 18, 2013, 04:45:23 PM
good, but the name...., maybe most of people cannot connect it with coin.
That's what I'm saying. Turn those b's, upside down
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