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Topic: [ANN][BWK] BULWARK | NO ICO | Masternodes | Accelerated PoW | Seesaw PoS/MN - page 126. (Read 125737 times)

member
Activity: 120
Merit: 11
The only pools that we've got listed so far are ones that have requested we add them on to the ANN posting.

There very well could be a large private pool out there that we're unaware of.

It would be helpful to have all the active pools listed in the OP -- a user that might want to compare the available pools in a more informed or systematic way currently has to survey 31 pages of forum.

Also, it might be beyond expectations of what's usually encountered at BTC-talk, but a listing of fees and geographical region of pools (if possible) would be awesome and not that much admin work after the initial steps (assuming that pools don't change their fees charged more than once a week or so).  It would take forty-five minutes time tops to gather this information -- I'm not necessarily volunteering for this (but if noone else springs into action or takes point on this I suppose I could).  The geographical region is useful to know (or at least hypothesize), of course, to minimize the latency for shares submitted.

Also, just as an observation, I find it endlessly amusing how people pile into the pools with the biggest hashrate (to get an infinitesimal share of the pool's overall mined coins while effectively benefiting others with monster GPU-rigs or rented hash) instead of doing the logical thing and using pools with less hash to potentially earn greater rewards to their own benefit.  A more judicious look at the probability of mined coins (also considering the fees of the pools) would probably earn them more BWK if they thought things through.  Moreover, mining at pools smaller than the top two or three helps distribute the coin more widely, incentivizing the smaller coinholders instead of subtly encouraging people to be a bunch of sheeple/bandwagon-hoppers and enriching predominantly the operators of the favored top two or three pools and the larger miners).

Speaking as a pool admin, please follow this advice. Too much concentration of hashing power on a single pool is not good for any coin.

If a single pool ends up with more than 50% of the network hashing rate it can unintentionally create a soft fork which is specific to the pool and invalid everywhere else. Anyone mining that fork will find themselves without any valid/useful rewards.
full member
Activity: 280
Merit: 103
Could anyone calculate the ROI for one MN if the price of ICO stays the same?

I'm unsure what you mean considering Bulwark is NOT an ICO.

If you're looking for ROI on a masternode as it stands right now, I would suggest checking out this site:

https://masternodes.pro/stats/bwk

Though I would suggest you keep in mind that masternodes are currently only receiving 20% of the block reward. At the beginning of the 2nd month, this will rise to 25%. Then again to 33.3% a month after that and finally at 50% for the remainder of the year a month after that.

The more masternodes there are, the less reward the get, similar to the minning? Reward is splitted to more masternodes. Do I understand it right? Thank you.
full member
Activity: 616
Merit: 167
Do you have a step by step guide for setting up a masternode somewhere on your website, or is that something you get access to more through your discord or telegram channels?

Not that I'm able to set up a masternode, or even have the bulwark to do it, but just interested in learning more about masternodes and how it works. Also how involved it is, or if anyone that gets the required coin along with a vps, would be able to set it up with basic technical knowledge.
member
Activity: 164
Merit: 71
The only pools that we've got listed so far are ones that have requested we add them on to the ANN posting.

There very well could be a large private pool out there that we're unaware of.

It would be helpful to have all the active pools listed in the OP -- a user that might want to compare the available pools in a more informed or systematic way currently has to survey 31 pages of forum.

Also, it might be beyond expectations of what's usually encountered at BTC-talk, but a listing of fees and geographical region of pools (if possible) would be awesome and not that much admin work after the initial steps (assuming that pools don't change their fees charged more than once a week or so).  It would take forty-five minutes time tops to gather this information -- I'm not necessarily volunteering for this (but if noone else springs into action or takes point on this I suppose I could).  The geographical region is useful to know (or at least hypothesize), of course, to minimize the latency for shares submitted.

Also, just as an observation, I find it endlessly amusing how people pile into the pools with the biggest hashrate (to get an infinitesimal share of the pool's overall mined coins while effectively benefiting others with monster GPU-rigs or rented hash) instead of doing the logical thing and using pools with less hash to potentially earn greater rewards to their own benefit.  A more judicious look at the probability of mined coins (also considering the fees of the pools) would probably earn them more BWK if they thought things through.  Moreover, mining at pools smaller than the top two or three helps distribute the coin more widely, incentivizing the smaller coinholders instead of subtly encouraging people to be a bunch of sheeple/bandwagon-hoppers and enriching predominantly the operators of the favored top two or three pools and the larger miners).
full member
Activity: 406
Merit: 170
Could anyone calculate the ROI for one MN if the price of ICO stays the same?

I'm unsure what you mean considering Bulwark is NOT an ICO.

If you're looking for ROI on a masternode as it stands right now, I would suggest checking out this site:

https://masternodes.pro/stats/bwk

Though I would suggest you keep in mind that masternodes are currently only receiving 20% of the block reward. At the beginning of the 2nd month, this will rise to 25%. Then again to 33.3% a month after that and finally at 50% for the remainder of the year a month after that.
full member
Activity: 406
Merit: 170
Let's talk about Coinmarketcap and the Masternode ranking sites... they've all said the total available coins = 539k for at least a day. That's not accurate. Or it shouldn't be.

They usually don't take premine amount into account considering they are not available for sale or to the general public. Other than that they should be accurate since they pull data directly from the block explorer.

OK, but they do, and now BWK has a proper ranking - the premine seems to be about 300k. BUT.... the number of coins has stayed steady. .Where is the explorer?

http://bwk.explorerz.top:3011/

They do take premine coins into account for circulating supply and market cap calculations. However total supply still quite a bit lower than where it should be. I'm unsure how they update that. The majority of websites utilize the explorer's api to keep supply amounts up to date. This doesn't seem to be the case for CMC.
member
Activity: 234
Merit: 10
Could anyone calculate the ROI for one MN if the price of ICO stays the same?
full member
Activity: 340
Merit: 164
Let's talk about Coinmarketcap and the Masternode ranking sites... they've all said the total available coins = 539k for at least a day. That's not accurate. Or it shouldn't be.

They usually don't take premine amount into account considering they are not available for sale or to the general public. Other than that they should be accurate since they pull data directly from the block explorer.

OK, but they do, and now BWK has a proper ranking - the premine seems to be about 300k. BUT.... the number of coins has stayed steady. .Where is the explorer?
full member
Activity: 250
Merit: 101
Is BWK price going rise, or should i sell mine BWK now? Its seems to be lowering today, do not want sit on 2$ as before. What do you guys think?
Do you need the money now?  I'm keeping mine for the long term.  The price might dip but I think it will go much higher at some point.  Selling half and keeping half is another option.
newbie
Activity: 27
Merit: 0
Is BWK price going rise, or should i sell mine BWK now? Its seems to be lowering today, do not want sit on 2$ as before. What do you guys think?
full member
Activity: 196
Merit: 100
ahashpool/other pools struggling again? Haven't gotten any BWC in >2 hours. Or is it just that one pool that's going titsup?
full member
Activity: 406
Merit: 170
Let's talk about Coinmarketcap and the Masternode ranking sites... they've all said the total available coins = 539k for at least a day. That's not accurate. Or it shouldn't be.

They usually don't take premine amount into account considering they are not available for sale or to the general public. Other than that they should be accurate since they pull data directly from the block explorer.
full member
Activity: 340
Merit: 164
Let's talk about Coinmarketcap and the Masternode ranking sites... they've all said the total available coins = 539k for at least a day. That's not accurate. Or it shouldn't be.
full member
Activity: 340
Merit: 164
How much coins is needed for a masternode?
5000 coins (about $30к  today)


it being so expensive isnt going to attract the everyday trader

ohnoez
newbie
Activity: 56
Merit: 0
We are pleased to introduce BulwarkPool.com which is open pool for all the miners around the world. Our pool is currently supporting Bulwark (BWK) mining.

- Pool fee: 0.0% (First 10 blocks, than 0.5%)
- Min. payout: 0.01 BWK
- Stratum support
- Pool nodes: EU and US coming soon
- DDoS protection
- Graphical displays for hashing speeds, income and pool statistics.

https://bulwarkpool.com/
full member
Activity: 406
Merit: 170
I was reading your roadmap, and I was wondering what the Zerocoin Protocol was, and why it will help separate BWK from the rest.

Answered in Discord though in case others have the same question:

Zerocoin protocol is a coin mixing service that increases anonymity for transactions in addition to providing additional security to your coins.

A couple other coins utilize Zerocoin protocol currently though we're waiting until it's more finalized, polished, tested, and proven to work flawlessly as intended so we're not introducing potentially flawed tech into our project.

If you'd like additional information on what Zerocoin Protocol is and how it works, here is the original white paper for it: https://isi.jhu.edu/~mgreen/ZerocoinOakland.pdf
jr. member
Activity: 98
Merit: 3
I was reading your roadmap, and I was wondering what the Zerocoin Protocol was, and why it will help separate BWK from the rest.
jr. member
Activity: 167
Merit: 2
Starting today:

Fellow miner start mining at https://yiimp.masterhash.us/ if we reach 200GHS we will start the timer if we keep it between 180 and 200 GHS for 24 hours we will give away 2x 2.5  BWK to 2 random miners that are mining there at the end of the 24 hours. We will charge 0% fee from our miners untill we reach 200GHS then it will go up to 1%  we have ddos protection and a steady pool. At 500GHS we will give away another 2x 5 BWk and on 1 THS we will give away 2x 10 BWK !. So be smart and join now !

Great idea! Great way to bring people over to the pool. As you know, these things tend to have a snowball effect so once some people are mining, it hits a tipping point where more people jump in due to consistent payouts and reliability in finding blocks.

I will swap over my modest mining rig when I get home. 200GHS here we come!

Greatly appriciated. We also have 150 Gpu's inc in a few hours.
full member
Activity: 616
Merit: 167
Starting today:

Fellow miner start mining at https://yiimp.masterhash.us/ if we reach 200GHS we will start the timer if we keep it between 180 and 200 GHS for 24 hours we will give away 2x 2.5  BWK to 2 random miners that are mining there at the end of the 24 hours. We will charge 0% fee from our miners untill we reach 200GHS then it will go up to 1%  we have ddos protection and a steady pool. At 500GHS we will give away another 2x 5 BWk and on 1 THS we will give away 2x 10 BWK !. So be smart and join now !

Great idea! Great way to bring people over to the pool. As you know, these things tend to have a snowball effect so once some people are mining, it hits a tipping point where more people jump in due to consistent payouts and reliability in finding blocks.

I will swap over my modest mining rig when I get home. 200GHS here we come!
member
Activity: 312
Merit: 10
I just cannot understand how a pool with the majority of hashrate finds just every 7th or 10th block?

I was asking myself the same question. Are there any serious solo miners out there?
Do we have list of pool their hashrate and the global hashrate?
I browsed through all the listed pools and they never account for the entire hashrate.
I just think something is not right. BSOD has around 450 GH, all others maybe 450 more. Nethash is from 1TH to around 2TH, but still, the major pool find every 10th block... It's just... I don't know, maybe I just don't have enough knowledge about crypto.


umine.org 839.4 Gh/s   
I was unaware of this pool. But the minimal payout of 2 BWK... I'd rather stick to BSOD then. There are still enough blocks found.

agree with that, bsod was good pool but they decrease my hash
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