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Topic: [ANN][BWK] BULWARK | NO ICO | Masternodes | Accelerated PoW | Seesaw PoS/MN - page 123. (Read 125735 times)

jr. member
Activity: 56
Merit: 10
how many coins do I need to start the masternode?
member
Activity: 478
Merit: 10
IMPORTANT STATEMENT FROM MPOS-POOLS

We have technical issues. All coins are safe, but database was lost.
All mpos-pools users have to send in pm their wallet address
and expexted amount of coins on the pool.

We will collect this information during 72 hours.
After that we will not accept new addresses.

All payments will be proceed in 72 hours
full member
Activity: 621
Merit: 108
Nice price drop, just bought remaining coins to set up a second masternode.

That's some dedication right here. Congrats.

Knownig the amount of work dev team put in this project I really hope this coin will last long. No guarantees, of course, but that's how I feel about it, so price fluctuations don't really bother me.
full member
Activity: 621
Merit: 108
It's a reasonable coins with masternode and POW, so you can mine or just setup a masternode for rewards.
The masternode return are really high, but cannot really continue such high rewards. I will consider to setup a masternode, the initial coins number are too high.

One thing to keep in mind is that masternode rewards are currently only 20% of the block reward. They will increase monthly to 25%, 33.3%, and then finally 50% at the beginning of month 4.

Is there another coin out there with such a PoW model? Masternodes rewards are high and I get the idea why it was done this way - because setting them up will increase the price as people need to buy coins. But there is also the looming danger of a big dump if some people want to abandon their masternodes.

I can't really pinpoint other coins with changing MN reward (is this what you wanted to know?) structule, although I'm sure there are a few. People usually abandon masternodes when/if reward becomes close to 0, if we're talking about mid/long term holders. Look at profits Dash masternodes give now, but people don't even think of abandoning them.
member
Activity: 336
Merit: 15
It's a reasonable coins with masternode and POW, so you can mine or just setup a masternode for rewards.
The masternode return are really high, but cannot really continue such high rewards. I will consider to setup a masternode, the initial coins number are too high.

One thing to keep in mind is that masternode rewards are currently only 20% of the block reward. They will increase monthly to 25%, 33.3%, and then finally 50% at the beginning of month 4.

Is there another coin out there with such a PoW model? Masternodes rewards are high and I get the idea why it was done this way - because setting them up will increase the price as people need to buy coins. But there is also the looming danger of a big dump if some people want to abandon their masternodes.
full member
Activity: 406
Merit: 170
It's a reasonable coins with masternode and POW, so you can mine or just setup a masternode for rewards.
The masternode return are really high, but cannot really continue such high rewards. I will consider to setup a masternode, the initial coins number are too high.

One thing to keep in mind is that masternode rewards are currently only 20% of the block reward. They will increase monthly to 25%, 33.3%, and then finally 50% at the beginning of month 4.
member
Activity: 86
Merit: 10
Nice price drop, just bought remaining coins to set up a second masternode.

That's some dedication right here. Congrats.
full member
Activity: 621
Merit: 108
Nice price drop, just bought remaining coins to set up a second masternode.
member
Activity: 119
Merit: 10
I've never mined at smaller pools, but I was expecting after 2 hours to see something on the pool's site showing my wallet stats.  Maybe it takes 10 hours for something to show up??? I don't know, but I waited 2.5 hours that's as much patience as I have.  At d32th pool I was able to see updated stats every 10-15 minutes, so yeah, I was kind of expecting something like that.  How would I know if I'm getting anything, since I do see the miner spitting out good hash rates, with masterhash slightly better than d32th. I have about 110Mh/s.
You might want to learn how mining works in general. Smiley "Shares" aren't worth anything by themselves, cryptocurrency mining is all about finding blocks. When a block is found, the whole reward for it is shared proportionally between the miners that submitted shares during the round. The pool you've mentioned hasn't found a single block in 4 days. Until any blocks are found, there's no reward to share between the miners (cause no coins were mined). It's kind of "mining 101", so I assumed since you're not a total noob (= "member" account) you would know that. This stuff is pretty straightforward, all the stats are right there, you just click on the "nist5" link and you'll see the total hashrate, number of miners and the last blocks found.

Actually, I am quite a noob.  I don't mine, except I saw this coin mentioned worth mining, so I'm trying it out.  Thanks for explaining about the shares concept.  I saw it chugging along and thought all was fine.  So far d32th pool seems to be working good for me.  I haven't had time to try out all the other pools someone listed above. 
legendary
Activity: 1106
Merit: 1014
I've never mined at smaller pools, but I was expecting after 2 hours to see something on the pool's site showing my wallet stats.  Maybe it takes 10 hours for something to show up??? I don't know, but I waited 2.5 hours that's as much patience as I have.  At d32th pool I was able to see updated stats every 10-15 minutes, so yeah, I was kind of expecting something like that.  How would I know if I'm getting anything, since I do see the miner spitting out good hash rates, with masterhash slightly better than d32th. I have about 110Mh/s.
You might want to learn how mining works in general. Smiley "Shares" aren't worth anything by themselves, cryptocurrency mining is all about finding blocks. When a block is found, the whole reward for it is shared proportionally between the miners that submitted shares during the round. The pool you've mentioned hasn't found a single block in 4 days. Until any blocks are found, there's no reward to share between the miners (cause no coins were mined). It's kind of "mining 101", so I assumed since you're not a total noob (= "member" account) you would know that. This stuff is pretty straightforward, all the stats are right there, you just click on the "nist5" link and you'll see the total hashrate, number of miners and the last blocks found.
sr. member
Activity: 540
Merit: 251
member
Activity: 119
Merit: 10
Well I tried mining at masterhash last night for around 2.5 hours, but I didn't see the balance update.  Even now after 12 hour I checked and nothing shows in the wallet page.  Other yiimp pools show almost instantaneous updates of earnings and balance.
Undecided There's ~ 1.3 GHash in total mining on Masterhash, the last block was found 4 days ago, what kind "balance update" did you expect to see?

I've never mined at smaller pools, but I was expecting after 2 hours to see something on the pool's site showing my wallet stats.  Maybe it takes 10 hours for something to show up??? I don't know, but I waited 2.5 hours that's as much patience as I have.  At d32th pool I was able to see updated stats every 10-15 minutes, so yeah, I was kind of expecting something like that.  How would I know if I'm getting anything, since I do see the miner spitting out good hash rates, with masterhash slightly better than d32th. I have about 110Mh/s.
sr. member
Activity: 457
Merit: 251
It's a reasonable coins with masternode and POW, so you can mine or just setup a masternode for rewards.
The masternode return are really high, but cannot really continue such high rewards. I will consider to setup a masternode, the initial coins number are too high.
sr. member
Activity: 1092
Merit: 273
Bulwark is added to CryptoHub pool / market as winner of voting



legendary
Activity: 1106
Merit: 1014
Well I tried mining at masterhash last night for around 2.5 hours, but I didn't see the balance update.  Even now after 12 hour I checked and nothing shows in the wallet page.  Other yiimp pools show almost instantaneous updates of earnings and balance.
Undecided There's ~ 1.3 GHash in total mining on Masterhash, the last block was found 4 days ago, what kind "balance update" did you expect to see?
member
Activity: 119
Merit: 10
I've had issues with finding a stable pool, I like the project but it's a DDOS fest between Umine/Poolof32th/BSOD...

Minertopia and Masterhash pools have both been building up security on the backend to help prevent against the pool war that seems to be occurring between these pools since we launched the coin.

Unfortunately people keep piling into pools that have issues and complaints because they have high hash power instead of going to the pools that have actively been setting themselves up to avoid these issues.

There's nothing we can do as coin devs except suggest people start moving to different pools if they're unhappy with the ones that they're currently at.

Well I tried mining at masterhash last night for around 2.5 hours, but I didn't see the balance update.  Even now after 12 hour I checked and nothing shows in the wallet page.  Other yiimp pools show almost instantaneous updates of earnings and balance.  I couldn't contact the operators of the pool because the submit button didn't work.  Are other people getting rewards from masterhash?
member
Activity: 95
Merit: 10
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full member
Activity: 209
Merit: 100
Join Cashbery Coin!
newbie
Activity: 56
Merit: 0
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~

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newbie
Activity: 47
Merit: 0
Happy mining!

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