Author

Topic: [ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info - page 196. (Read 759239 times)

hero member
Activity: 672
Merit: 500
DONT FORGET:


Lets make a Mining Friday tomorrow.
Lets point our miners to Chunky to get a least 500 Worker online.
Target: 500 - 1000 Workers

http://www.whitecoinpool.com
I will do it this eyening. ( 8 Workers to Chunky)

This will have a effect on the prices. You will see it tomorrow.
Lets do this !!!


+1
+1

+1 more excited about the community pulling together
full member
Activity: 182
Merit: 100
DONT FORGET:


Lets make a Mining Friday tomorrow.
Lets point our miners to Chunky to get a least 500 Worker online.
Target: 500 - 1000 Workers

http://www.whitecoinpool.com
I will do it this eyening. ( 8 Workers to Chunky)

This will have a effect on the prices. You will see it tomorrow.
Lets do this !!!


+1
+1
hero member
Activity: 672
Merit: 500
Phew!!! Things got quiet for a little, was afraid the fudders have left, must all be in one time zone or something.  Love it!
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
so much fud still on this coin.... never have i seen such hate Smiley

whitecoin upset a lot of people it seems.
sr. member
Activity: 379
Merit: 250
YES!!!

...and most of it WE ARE BAGHOLDERS  Wink

(i mean: you; cause i'm out of this shit long time ago:)

Boring ...
If you are out, why are you here?
Why wasting your time?
Go and do something meaningful  Cheesy
legendary
Activity: 977
Merit: 1011
c'mon  man Smiley)) in first days i had  about  150k  and  i don't  sold it at 2400 Smiley))) i sold  it at 1200/1050/740 couse i'm "smart guy " Smiley))  i'm not so sad ... but i lost about 2,4 btc
hero member
Activity: 560
Merit: 500
YES!!!

...and most of it WE ARE BAGHOLDERS  Wink

(i mean: you; cause i'm out of this shit long time ago:)
legendary
Activity: 977
Merit: 1011
 we have community
 we have faith
 we have btc
 we still alive
... so on  Tongue
hero member
Activity: 924
Merit: 1000
We have a new dev team.

We have multipools.

We have wallets.

We have PR.


sr. member
Activity: 504
Merit: 250
WHITECOIN MINING WEEKEND 17.05. + 18.05.2014
connect your Miner to www.wcmulti.com
be a part the Whitecoin Weekend
TARGET: 100 aktive workers

if we reach 100 workers we payout a Bonus of 10.000 WC
saturday 10.000 WC - sunday 10.000 WC
if we get 100 Worker TODAY (16.05.) i will pay 20.000 WC

stratum+tcp://wcmulti:com
User = Your WC address
scrypt port: 2222
SHA-256 port: 3333
X-11 port: 1111 (comming today)


retweet this:
soon

get 10 Whitecoins for your retweet(just quote this post and tell me your WC address)


Rent a miner to be a part of the Whitecoin Weekend


set your signature to this:
Code:
[center][URL=https://bitcointalk.org/index.php?topic=587193.new#new][size=25pt][glow=black,2,300][color=red][b]| ★ | WHITECOIN MINING Weekend 17.05. + 18.05.2014| ★ |[/b][/color][/glow][/size][/URL]

SUPPORT WC NOW!!!!
hero member
Activity: 560
Merit: 500
hero member
Activity: 560
Merit: 500
I just received a PM from the PR team saying that the coin is doing great and I should get back on the "train" WTF!?! Prices are sub 600 satoshis how is that great...?? People are only losing money on this, also why people are SO interested on staking YOU ARE GETTING PEANUTS by that 2% per year. If the coin lowers even 50 satoshis then doesn't matter if you stake or not, YOU ARE LOSING MONEY. WAKE UP! Just do something better with your money and invest on real things like a job.

+1
sr. member
Activity: 280
Merit: 250
Donate to put a smile on my face :)
Dunno if PoS working here. Wallet is unlocked (no passphrase applied), about 45k in wallet. Last mined coins 2 days ago Sad.
+1
50k in wallet and last mined coins 5 days ago!

Stake Stake Stake

Stake Stake Stake

Stake your bounty, Yeah!  Stake your bounty, YEAH!


How could it be ? You get stake blocks every minute? How many coins you have on wallet ?

I have only 2 btc or so worth of whitecoin.  I started mining near the very beginning though.  POS is ellusive to alot of ppl, self included.  I still haven't seen a large transfer i did stake, so it must take at least 2 days, but has a max stake time too.

*** EDIT***

I'm on Win8.1. Wallet V 1.0.2.0.  I password protected.  Then unlocked via the console "walletphassphrase password 9999999"

The pending wallet update, simplifies this process

Something seems odd... if you are getting 0.2 WC/min (not exact but approx true from image) it would imply you have alot more coins that you say.

0.2 coins/min * 60 mins/hr * 24 hrs/day * 365 days / yr = 105k coins staked per yr

supposing 2% yield, that would imply 105k coins/ 0.02 = ~5.3 million coins staking....

Though that assumes everyone is staking their coins (i.e. hash rate is what you expect) if you don't make this assumption and instead say you have 2 btc of WC at today's prices, you have ~330k WC... suggests only 6% of coins are actually staking at the moment and you just have a larger portion of the "hashrate" and thus are getting more of the blocks...

So... wtf? you have a ton more than 330k WC or is there just so few people staking? (I suppose if the majority of coins are on exchanges but only 6% staking seems way too small)

your calculations are wrong because you're missing a tiny bit of information:
When your coins mature, they don't mature as your total balance, they mature as the transaction that sent them to your wallet.
So, if you have 5 transactions, 100 coins each, you would have the possibility to state 5 PoS blocks.
After a while, the wallet itself splits those coins on each transaction, so it can create more PoS blocks, in order to be able to create more PoS blocks so the blockchain can move forward.
Without blocks signing transactions, there would be not transactions.

So, for every transaction you have in your Transactions tab, your wallet calculates maturity and once a transaction is matured, it starts the miner to produce a block for that transaction specifically.
If you have multiple transactions, most probably you will have multiple PoS (one for every transaction) and the reward will be based on the amount that transaction had.
In the screenshot, the wallet owner is not making .2 WC per minute. These 0.2 were calculated according to the transaction maturity (they could be since block 2) and amount of coins in that transaction.

I hope this clears things a bit for you Smiley
hero member
Activity: 672
Merit: 500
I just received a PM from the PR team saying that the coin is doing great and I should get back on the "train" WTF!?! Prices are sub 600 satoshis how is that great...?? People are only losing money on this, also why people are SO interested on staking YOU ARE GETTING PEANUTS by that 2% per year. If the coin lowers even 50 satoshis then doesn't matter if you stake or not, YOU ARE LOSING MONEY. WAKE UP! Just do something better with your money and invest on real things like a job.

Ahh, there, thats better. CAUSE WE BELIEVE IN THE COIN, ENJOY THE COMMUNITY.  If is worthless, just consider whatever message you were sent spam, and you are enlightened for having skipped on this certain waste of time for you.

***

But please, join us on #whitecoinfoundation for a great chat!  Just finishing up a round on POS and its +'s and -'s.   
hero member
Activity: 672
Merit: 500
Dunno if PoS working here. Wallet is unlocked (no passphrase applied), about 45k in wallet. Last mined coins 2 days ago Sad.
+1
50k in wallet and last mined coins 5 days ago!

Stake Stake Stake

Stake Stake Stake

Stake your bounty, Yeah!  Stake your bounty, YEAH!


How could it be ? You get stake blocks every minute? How many coins you have on wallet ?

I have only 2 btc or so worth of whitecoin.  I started mining near the very beginning though.  POS is ellusive to alot of ppl, self included.  I still haven't seen a large transfer i did stake, so it must take at least 2 days, but has a max stake time too.

*** EDIT***

I'm on Win8.1. Wallet V 1.0.2.0.  I password protected.  Then unlocked via the console "walletphassphrase password 9999999"

The pending wallet update, simplifies this process

Something seems odd... if you are getting 0.2 WC/min (not exact but approx true from image) it would imply you have alot more coins that you say.

0.2 coins/min * 60 mins/hr * 24 hrs/day * 365 days / yr = 105k coins staked per yr

supposing 2% yield, that would imply 105k coins/ 0.02 = ~5.3 million coins staking....

Though that assumes everyone is staking their coins (i.e. hash rate is what you expect) if you don't make this assumption and instead say you have 2 btc of WC at today's prices, you have ~330k WC... suggests only 6% of coins are actually staking at the moment and you just have a larger portion of the "hashrate" and thus are getting more of the blocks...

So... wtf? you have a ton more than 330k WC or is there just so few people staking? (I suppose if the majority of coins are on exchanges but only 6% staking seems way too small)


Sorry sir, my wallet synced up this morning after not being synced for along time after team viewer froze on me.  The timing on those is not correct to when they truely came through to my wallet.

Sorry to add to confusion.
legendary
Activity: 977
Merit: 1011
with all fud and haters this coin is still strong....
full member
Activity: 560
Merit: 105
I just received a PM from the PR team saying that the coin is doing great and I should get back on the "train" WTF!?! Prices are sub 600 satoshis how is that great...?? People are only losing money on this, also why people are SO interested on staking YOU ARE GETTING PEANUTS by that 2% per year. If the coin lowers even 50 satoshis then doesn't matter if you stake or not, YOU ARE LOSING MONEY. WAKE UP! Just do something better with your money and invest on real things like a job.
newbie
Activity: 15
Merit: 0
Dunno if PoS working here. Wallet is unlocked (no passphrase applied), about 45k in wallet. Last mined coins 2 days ago Sad.
+1
50k in wallet and last mined coins 5 days ago!

Stake Stake Stake

Stake Stake Stake

Stake your bounty, Yeah!  Stake your bounty, YEAH!


How could it be ? You get stake blocks every minute? How many coins you have on wallet ?

I have only 2 btc or so worth of whitecoin.  I started mining near the very beginning though.  POS is ellusive to alot of ppl, self included.  I still haven't seen a large transfer i did stake, so it must take at least 2 days, but has a max stake time too.

*** EDIT***

I'm on Win8.1. Wallet V 1.0.2.0.  I password protected.  Then unlocked via the console "walletphassphrase password 9999999"

The pending wallet update, simplifies this process

Something seems odd... if you are getting 0.2 WC/min (not exact but approx true from image) it would imply you have alot more coins that you say.

0.2 coins/min * 60 mins/hr * 24 hrs/day * 365 days / yr = 105k coins staked per yr

supposing 2% yield, that would imply 105k coins/ 0.02 = ~5.3 million coins staking....

Though that assumes everyone is staking their coins (i.e. hash rate is what you expect) if you don't make this assumption and instead say you have 2 btc of WC at today's prices, you have ~330k WC... suggests only 6% of coins are actually staking at the moment and you just have a larger portion of the "hashrate" and thus are getting more of the blocks...

So... wtf? you have a ton more than 330k WC or is there just so few people staking? (I suppose if the majority of coins are on exchanges but only 6% staking seems way too small)
hero member
Activity: 672
Merit: 500
you guys don't understand how PoS fully works. You are NOT guaranteed staking. You need to wait 2 day before you can even stake, then your coins become your hashrate in essence. You still have to find blocks. My last minted blocks were 5 days ago for half my stack, 6 days for the other half. I should be coming up again in next 2 days or so.

READ THIS IF YOU ARE DOUBTING POS WORKS OR NOT.
https://bitcointalksearch.org/topic/m.6582455
then sub in WC parameters. Hope this clarifies.

very true !

It feels like the first time! Feels like the very first time!
legendary
Activity: 977
Merit: 1011
you guys don't understand how PoS fully works. You are NOT guaranteed staking. You need to wait 2 day before you can even stake, then your coins become your hashrate in essence. You still have to find blocks. My last minted blocks were 5 days ago for half my stack, 6 days for the other half. I should be coming up again in next 2 days or so.

READ THIS IF YOU ARE DOUBTING POS WORKS OR NOT.
https://bitcointalksearch.org/topic/m.6582455
then sub in WC parameters. Hope this clarifies.

very true !
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