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Topic: [ANN][1000 SYNC] Proof of Stake now run by BLOCKCHAIN DEVELOPMENT COMPANY - page 529. (Read 816010 times)

legendary
Activity: 1792
Merit: 1010
Speculation on the huge 50,00-60,000 MH/s drops?  Someone said solo miners, but does that make sense. TONS of solo miners coming off and online at the same time.

Just curious as I have not seen the hash rate flux so much so quickly.

If this is the tenets of X11 Algo, then I am not sure it is not very mineable by a dual GPU hobby miner.  Is this truly equitable distirbution when huge hashing power trumps?

What am I missing?  Any info is considered vital to understanding all this interesting and strange market/endeavor.

Observing many running rigs ranging from 20 to 100 MHS (a nice snapshot of mining landscape on an average pool) folks can still pull good chunk of SYNC.. so distribution is achieved.. anything in 1000's of MHS is run sporadically by rental rigs (which people run but can not run for long as it gets expensive)

Saying that I find launch of this operator (dev team) performed exceptionally well, and coin distribution is wide and far reaching (geographically speaking, and dare to say even income levels based on MHS spread)

but now sleepy time, because I am getting nervous looking at difficulty level flux same way as you do but probably for a different reason  Cool
legendary
Activity: 1400
Merit: 1000
newbie
Activity: 42
Merit: 0
wallet says 0 connection and it has been open for 8 hrs.


Maybe that is because of your negative trust status.  The wallet doesn't trust you either.  
Sorry for digging at you but how do you really get negative trust....?
legendary
Activity: 1400
Merit: 1000
wallet says 0 connection and it has been open for 8 hrs.

run those nodes with
maxnodes=1000


If you don't get synced, you can temporarily add this to your .conf:


addnode=82.128.238.235
newbie
Activity: 42
Merit: 0
Speculation on the huge 50,00-60,000 MH/s drops?  Someone said solo miners, but does that make sense. TONS of solo miners coming off and online at the same time.

Just curious as I have not seen the hash rate flux so much so quickly.

If this is the tenets of X11 Algo, then I am not sure it is not very mineable by a dual GPU hobby miner.  Is this truly equitable distirbution when huge hashing power trumps?

What am I missing?  Any info is considered vital to understanding all this interesting and strange market/endeavor.
member
Activity: 63
Merit: 10
wallet says 0 connection and it has been open for 8 hrs.
hero member
Activity: 838
Merit: 500
I am speculating possibly 1 SYNC = 5 BTC in one week.
newbie
Activity: 38
Merit: 0
the coin will be to the sky. the price is so high. Grin
hero member
Activity: 1708
Merit: 553
Play Bitcoin PVP Prediction Game
How many total coins will be minted after the 1000 PoW are over?

That's hard to say but in 243 years the PoS will be over.

To be honest that is ridiculous. This should be adjust so it pays (10%) a bit more and ends in say 25-50yrs. 
hero member
Activity: 742
Merit: 500
I'm dying.
full member
Activity: 196
Merit: 100
How many total coins will be minted after the 1000 PoW are over?

That's hard to say but in 243 years the PoS will be over.

I think after pow is over we should revisit the PoS %. Just because many will possess less than a single coin and incentive to hold for stake would increase if they could see weekly results, even if it was just .000000001 coin.

Maybe throw a poll up to the community, who knows maybe I'm wrong.
legendary
Activity: 1400
Merit: 1000
How many total coins will be minted after the 1000 PoW are over?

That's hard to say but in 243 years the PoS will be over.
full member
Activity: 224
Merit: 100
Trying to buy some now. If it was meant to be, my buy order will be filled Smiley

Where are you buying?
legendary
Activity: 1400
Merit: 1000
legendary
Activity: 1848
Merit: 1018
How many total coins will be minted after the 1000 PoW are over?
sr. member
Activity: 322
Merit: 250
What type of anonymity will you be adding?
member
Activity: 100
Merit: 10
Trying to buy some now. If it was meant to be, my buy order will be filled Smiley
legendary
Activity: 1400
Merit: 1000
I am debating the same thing. If stays this high I will just go back to GDN. But I will stick around for now hoping this drop will last. I am hoping for 1 SYNC by the end of POW.

Interesting... we all have suspended our main targets, thanks for GDN.. from my end I have suspended BANK (unfortunately, because coin is big in China (they like it same was as SYNC) and it is also on the POW countdown (last round, rewards already cut twice in half...) I am now experiencing POS of another coin UNIV , I see coins nicely streaming into the wallet, POS is absolutely a major breakthrough in this enterprise...

if SYNC shoots past 2,000 in difficulty it will exceed capacity of most rigs leaving rentals.. people drop and difficulty goes down.. and back again in the loop, think this is precisely what has been happening... Pressure will tighten in the 4th day the max... most wont reach 1 SYNC, in fact it will fracture into 100's of % points for most, which is fine.. coin will be extremely valuable  

The people that are buying now are getting a good deal.
legendary
Activity: 1792
Merit: 1010
I am debating the same thing. If stays this high I will just go back to GDN. But I will stick around for now hoping this drop will last. I am hoping for 1 SYNC by the end of POW.

Interesting... we all have suspended our main targets, thanks for GDN.. from my end I have suspended BANK (unfortunately, because coin is big in China (they like it same was as SYNC) and it is also on the POW countdown (last round, rewards already cut twice in half...) I am now experiencing POS of another coin UNIV , I see coins nicely streaming into the wallet, POS is absolutely a major breakthrough in this enterprise...

if SYNC shoots past 2,000 in difficulty it will exceed capacity of most rigs leaving rentals.. people drop and difficulty goes down.. and back again in the loop, think this is precisely what has been happening... Pressure will tighten in the 4th day to the max... most wont reach 1 SYNC, in fact it will fracture into 100's of % points for most, which is fine.. coin will be extremely valuable  
full member
Activity: 196
Merit: 100
Well I think that since 42 coin is worth like 23 bitcoin this will get to like 2 or 3 Btc no problem.  42 is super lame and its valuable so Sync should be a big player in the future.

I keep telling people, this is the first x11 coin to demolish DRK's hash rate. Do people selling at these stupid low prices not know anything about crypto lmao?
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