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Topic: [ANN][FIT] Fitcoin ★ FIRST PROOF OF HUMAN WORK COIN ★ X11 - page 6. (Read 30558 times)

sr. member
Activity: 644
Merit: 251
How can you prove that fitcoin is backed by these two guys?
member
Activity: 70
Merit: 10
Fitcoin (Freedom Though Fitness)
This coin has a good future in the fitness section because it is unique and special among other coins.
I bet fitcoin will go to the moon pretty soon.

I think this coin is needed for fitness!  Keeping healthy is very important and a big part of our lives.  We need to stay fit and getting this coin will support a healthy lifestyle and better eating habits!!

Thanks guys for the positive words!
newbie
Activity: 13
Merit: 0
I think this coin is needed for fitness!  Keeping healthy is very important and a big part of our lives.  We need to stay fit and getting this coin will support a healthy lifestyle and better eating habits!!
member
Activity: 90
Merit: 10
This coin has a good future in the fitness section because it is unique and special among other coins.
I bet fitcoin will go to the moon pretty soon.
newbie
Activity: 1
Merit: 0
Looks like the coin is growing up! Good luck guys!
newbie
Activity: 38
Merit: 0
FITcoin to da moon!!!!

NICE!!!!!!
member
Activity: 70
Merit: 10
Fitcoin (Freedom Though Fitness)
member
Activity: 70
Merit: 10
Fitcoin (Freedom Though Fitness)
C'mon guys! We need you guys support to make it work!
newbie
Activity: 8
Merit: 0
so the coin is dead?
sr. member
Activity: 476
Merit: 500
I like boobies
CRICKETS! The silence in hear is deafening. Disappointing, since I originally liked the look of this coin and it's mission statement. Ah well.


It seems you were right altcoinherald. An informative and well written article. I went on to read more of your articles and found them to be just as enlightening. I will be visiting your site again to be sure.

You should have a thread in bitcointalk and post links to your latest articles. I'm sure more people could learn from your insights. Keep up the good work!

full member
Activity: 168
Merit: 100







█ ★Fitcoin (FIT) → Now Live on: http://www.cryptocoinrank.com/Fitcoin





Hope you and the community like it. For a brief description about www.cryptocoinrank.com see: https://bitcointalksearch.org/topic/annwwwcryptocoinrankcom-for-sale-for-sale-for-sale-579901

Enjoy  Smiley

member
Activity: 70
Merit: 10
Fitcoin (Freedom Though Fitness)
So good to see that we are gettin' more people mining every day.
What are ya waiting for?

member
Activity: 70
Merit: 10
Fitcoin (Freedom Though Fitness)
What an incredible monday!
We just got approved on one more exchange!!!

We are proud to announce that Fitcoin now can be exchanged at Bleutrade!

Please trade your coins at : https://bleutrade.com/exchange/FIT/BTC

To the moon!
full member
Activity: 120
Merit: 100
 ???oh my god.need vote.no man will vote.
member
Activity: 70
Merit: 10
Fitcoin (Freedom Though Fitness)
full member
Activity: 196
Merit: 100
legendary
Activity: 1904
Merit: 1063
member
Activity: 70
Merit: 10
Fitcoin (Freedom Though Fitness)
The reward calculation provided does not agree with the coins actually being rewarded. According to the formula 2222222/(((Difficulty+2600)/9)^2), the maximum reward possible at a difficulty of 0 would be 26.627.

2222222/(((0+2600/9)^2)
2222222/((2600/9)^2)
2222222/(288.889^2)
2222222/83456.8
26.627

Yet I see from the "blocks" pages of the pools that the block reward is much higher than this. When the average difficulty of a block was 6.84, the amount rewarded was 121. Currently, the difficulty is around 46, yet the block reward is still 43. Thoughts?


People who actually are getting a better reward is because they are CPU miners.
The coin main focus is to keep it fair for all so people using CPU are getting a better rewards than the others using GPU because the GPU miners can find much more blocks.
We have also implemented a min and max cap depending on your mining system to keep it smooth, consistent and again fair for all!

I'll update the payment info.
Thanks for reminding me that.

The payment calculation code is as follow:
Code:

    double dDiff = (double)0x0000ffff / (double)(nBits & 0x00ffffff);

    dDiff = ConvertBitsToDouble(nBits);

    int64 nSubsidy = 0;
    if(dDiff > 75) { // GPU/ASIC difficulty calc 2222222/(((x+2600)/9)^2)
        nSubsidy = (2222222.0 / (pow((dDiff+2600.0)/9.0,2.0)));
        if (nSubsidy > 25) nSubsidy = 25;
        if (nSubsidy < 5) nSubsidy = 5;
    } else { // CPU mining calc
     nSubsidy = (11111.0 / (pow((dDiff+51.0)/6.0,2.0)));
        if (nSubsidy > 500) nSubsidy = 500;
        if (nSubsidy < 25) nSubsidy = 25;
    }

    // printf("height %u diff %4.2f reward %i \n", nHeight, dDiff, nSubsidy);
    nSubsidy *= COIN;

    // yearly decline of production by 7% per year, projected 21.3M coins max by year 2050.
    for(int i = 210240; i <= nHeight; i += 210240) nSubsidy *= 0.93;

    return nSubsidy + nFees;


To double check the reward code, please refer to:
https://github.com/fitcoins/fitcoin/blob/master/src/main.cpp
member
Activity: 76
Merit: 10
The reward calculation provided does not agree with the coins actually being rewarded. According to the formula 2222222/(((Difficulty+2600)/9)^2), the maximum reward possible at a difficulty of 0 would be 26.627.

2222222/(((0+2600/9)^2)
2222222/((2600/9)^2)
2222222/(288.889^2)
2222222/83456.8
26.627

Yet I see from the "blocks" pages of the pools that the block reward is much higher than this. When the average difficulty of a block was 6.84, the amount rewarded was 121. Currently, the difficulty is around 46, yet the block reward is still 43. Thoughts?
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