[ANN][MIN] Minerals - POS | Developing own anon solution | - page 329.

1024KB

full member

Activity: 238

Merit: 100

Quote from: barryzand on June 20, 2014, 08:41:41 AM

Quote from: 1024KB on June 20, 2014, 08:40:12 AM

Quote from: joe.sixer on June 20, 2014, 08:37:51 AM

Quote from: 1024KB on June 20, 2014, 08:21:33 AM

Mineral can you answer me something please

"Outdated info, POW stage is over:

These are the only legit pools that you can mine Minerals at:

SCV (1% fee) US East (N. Virginia)
DRONE (1% fee) EU (Ireland)
PROBE (1% fee) US West (N. California)
MULE (1% fee) US West (Oregon)
REFINERY (1% fee) Asia Pacific (Singapore)
EXCTRACTOR (1% fee) South America (São Paulo)
"

If you had 6 pools charging a one percent fee, and you were the only place to go to to mine the coins for the entire POW stage. Doesnt this mean that at the end of the POW stage you had 6% of all coins??

Does this seem fair to everyone?

Please let me know as I am curious if my math is wrong. Its early so it may very well be lol

your math is bad, they got 0.01 x blocks mined in pool A + 0.01 x blocks mined in pool B + .... = 0.01 x Total number of blocks/coins => 1%

Where i am getting this from is they owned all 6 pools, Like i said not accsuing just asking to calrify it for me.

But its nice to see people get so but hurt out of me asking for an explanation lol.

So they general consensus is that Mineral ended up with 1% of the total coins? . Did anyone else end up with 1% of the total coins?

fair enough yes... whos paying for 7 days of pool hosting you think?

Oh i agree, I runs servers I know what they cost. I was just asking for clarification, Hilarious to see all the reaction from a question from a guy who sucks at math haha

barryzand

hero member

Activity: 574

Merit: 500

Growcoin Chief

Quote from: 1024KB on June 20, 2014, 08:40:12 AM

Quote from: joe.sixer on June 20, 2014, 08:37:51 AM

Quote from: 1024KB on June 20, 2014, 08:21:33 AM

Mineral can you answer me something please

"Outdated info, POW stage is over:

These are the only legit pools that you can mine Minerals at:

SCV (1% fee) US East (N. Virginia)
DRONE (1% fee) EU (Ireland)
PROBE (1% fee) US West (N. California)
MULE (1% fee) US West (Oregon)
REFINERY (1% fee) Asia Pacific (Singapore)
EXCTRACTOR (1% fee) South America (São Paulo)
"

If you had 6 pools charging a one percent fee, and you were the only place to go to to mine the coins for the entire POW stage. Doesnt this mean that at the end of the POW stage you had 6% of all coins??

Does this seem fair to everyone?

Please let me know as I am curious if my math is wrong. Its early so it may very well be lol

your math is bad, they got 0.01 x blocks mined in pool A + 0.01 x blocks mined in pool B + .... = 0.01 x Total number of blocks/coins => 1%

Where i am getting this from is they owned all 6 pools, Like i said not accsuing just asking to calrify it for me.

But its nice to see people get so but hurt out of me asking for an explanation lol.

So they general consensus is that Mineral ended up with 1% of the total coins? . Did anyone else end up with 1% of the total coins?

fair enough yes... whos paying for 7 days of pool hosting you think?

rugrats

sr. member

Activity: 700

Merit: 250

Vave.com - Crypto Casino

Quote from: 1024KB on June 20, 2014, 08:32:58 AM

Quote from: ?? on ??

Quote from: 1024KB on June 20, 2014, 08:21:33 AM

Mineral can you answer me something please

"Outdated info, POW stage is over:

These are the only legit pools that you can mine Minerals at:

SCV (1% fee) US East (N. Virginia)
DRONE (1% fee) EU (Ireland)
PROBE (1% fee) US West (N. California)
MULE (1% fee) US West (Oregon)
REFINERY (1% fee) Asia Pacific (Singapore)
EXCTRACTOR (1% fee) South America (São Paulo)
"

If you had 6 pools charging a one percent fee, and you were the only place to go to to mine the coins for the entire POW stage. Doesnt this mean that at the end of the POW stage you had 6% of all coins??

Does this seem fair to everyone?

Please let me know as I am curious if my math is wrong. Its early so it may very well be lol

No and here is why.

So if 100 pools charged 1% then they would have 100% of all coins using your maths.

let me put it this way, if there were only 2 pools to get all the coins from, and those pools mined all the blocks, and took a 1% fee from each block, then would those two pools not each own 1 percent of the total coin? once all coins in POW were mined?.

This is very simple. I don't understand how you are not understanding this.

Assume coin total is 100.
1% of 100 = 1
If two pools, each charging a 1% fee, mine an equal amount of coin, they will end up with 50 coins each.
1% of 50 = 0.5 x 2 = 1

Coin total do not become 200 just because it is mined in two pools.

1024KB

full member

Activity: 238

Merit: 100

Quote from: joe.sixer on June 20, 2014, 08:37:51 AM

Quote from: 1024KB on June 20, 2014, 08:21:33 AM

Mineral can you answer me something please

"Outdated info, POW stage is over:

These are the only legit pools that you can mine Minerals at:

SCV (1% fee) US East (N. Virginia)
DRONE (1% fee) EU (Ireland)
PROBE (1% fee) US West (N. California)
MULE (1% fee) US West (Oregon)
REFINERY (1% fee) Asia Pacific (Singapore)
EXCTRACTOR (1% fee) South America (São Paulo)
"

If you had 6 pools charging a one percent fee, and you were the only place to go to to mine the coins for the entire POW stage. Doesnt this mean that at the end of the POW stage you had 6% of all coins??

Does this seem fair to everyone?

Please let me know as I am curious if my math is wrong. Its early so it may very well be lol

your math is bad, they got 0.01 x blocks mined in pool A + 0.01 x blocks mined in pool B + .... = 0.01 x Total number of blocks/coins => 1%

Where i am getting this from is they owned all 6 pools, Like i said not accsuing just asking to calrify it for me.

But its nice to see people get so but hurt out of me asking for an explanation lol.

So they general consensus is that Mineral ended up with 1% of the total coins? . Did anyone else end up with 1% of the total coins?

jc12345

legendary

Activity: 1638

Merit: 1013

Quote from: 1024KB on June 20, 2014, 08:27:45 AM

Quote from: Gaokao on June 20, 2014, 08:25:25 AM

Quote from: 1024KB on June 20, 2014, 08:21:33 AM

Mineral can you answer me something please

"Outdated info, POW stage is over:

These are the only legit pools that you can mine Minerals at:

SCV (1% fee) US East (N. Virginia)
DRONE (1% fee) EU (Ireland)
PROBE (1% fee) US West (N. California)
MULE (1% fee) US West (Oregon)
REFINERY (1% fee) Asia Pacific (Singapore)
EXCTRACTOR (1% fee) South America (São Paulo)
"

If you had 6 pools charging a one percent fee, and you were the only place to go to to mine the coins for the entire POW stage. Doesnt this mean that at the end of the POW stage you had 6% of all coins??

Does this seem fair to everyone?

Please let me know as I am curious if my math is wrong. Its early so it may very well be lol

You did very very bad math.
A*1%+B*1%+...+F*1%, A+B+...+F=total, how can you figured out 6%a?

well if they charged a 1% fee of all blocks found, ran all 6 pools, then 1 x 6 is 6% of total coins. even if its 1% of total coins, no one else was able to amass 1% of total coins expect them which doesn't seem "fair" .

Im not accusing im genuinely asking the Mineral devs to clarify this for me

Rather get a maths class. Dev cant do the maths for you. Where x is the total coin amount and assuming all 6 pools earned the same amount of coins: 0.01x/6+0.01x/6+0.01x/6+0.01x/6+0.01x/6+0.01x/6 = 0.6x/6 = 0.01.

barryzand

hero member

Activity: 574

Merit: 500

Growcoin Chief

Bfljosh

hero member

Activity: 714

Merit: 500

Skol!

Quote from: Amph on June 20, 2014, 08:35:59 AM

Quote from: 1024KB on June 20, 2014, 08:21:33 AM

Mineral can you answer me something please

"Outdated info, POW stage is over:

These are the only legit pools that you can mine Minerals at:

SCV (1% fee) US East (N. Virginia)
DRONE (1% fee) EU (Ireland)
PROBE (1% fee) US West (N. California)
MULE (1% fee) US West (Oregon)
REFINERY (1% fee) Asia Pacific (Singapore)
EXCTRACTOR (1% fee) South America (São Paulo)
"

If you had 6 pools charging a one percent fee, and you were the only place to go to to mine the coins for the entire POW stage. Doesnt this mean that at the end of the POW stage you had 6% of all coins??

Does this seem fair to everyone?

Please let me know as I am curious if my math is wrong. Its early so it may very well be lol

do you even math?

if every pool mine 1/6 of the entire supply, it mean 1% of 1/6 which is equal to 1%/6 of the total supply(6/6)

for dummy, every pool mine 1% of 100k of a total supply of 600k, this mean every pool has 1k = 1k*6 = 6k =1/100 of 600k= 1%

Do you even math?

joe.sixer

full member

Activity: 224

Merit: 100

Quote from: 1024KB on June 20, 2014, 08:21:33 AM

Mineral can you answer me something please

"Outdated info, POW stage is over:

These are the only legit pools that you can mine Minerals at:

SCV (1% fee) US East (N. Virginia)
DRONE (1% fee) EU (Ireland)
PROBE (1% fee) US West (N. California)
MULE (1% fee) US West (Oregon)
REFINERY (1% fee) Asia Pacific (Singapore)
EXCTRACTOR (1% fee) South America (São Paulo)
"

If you had 6 pools charging a one percent fee, and you were the only place to go to to mine the coins for the entire POW stage. Doesnt this mean that at the end of the POW stage you had 6% of all coins??

Does this seem fair to everyone?

Please let me know as I am curious if my math is wrong. Its early so it may very well be lol

your math is bad, they got 0.01 x blocks mined in pool A + 0.01 x blocks mined in pool B + .... = 0.01 x Total number of blocks/coins => 1%

Kenta

sr. member

Activity: 420

Merit: 250

Quote from: 1024KB on June 20, 2014, 08:21:33 AM

Mineral can you answer me something please

"Outdated info, POW stage is over:

These are the only legit pools that you can mine Minerals at:

SCV (1% fee) US East (N. Virginia)
DRONE (1% fee) EU (Ireland)
PROBE (1% fee) US West (N. California)
MULE (1% fee) US West (Oregon)
REFINERY (1% fee) Asia Pacific (Singapore)
EXCTRACTOR (1% fee) South America (São Paulo)
"

If you had 6 pools charging a one percent fee, and you were the only place to go to to mine the coins for the entire POW stage. Doesnt this mean that at the end of the POW stage you had 6% of all coins??

Does this seem fair to everyone?

Please let me know as I am curious if my math is wrong. Its early so it may very well be lol

LOL!

But you didn't have to mine every coin 6 times, once for every exchange, did you?

So, you tricked them all by paying 1% to only one of them! Grin

liominer

newbie

Activity: 42

Merit: 0

Quote from: 1024KB on June 20, 2014, 08:21:33 AM

Mineral can you answer me something please

"Outdated info, POW stage is over:

These are the only legit pools that you can mine Minerals at:

SCV (1% fee) US East (N. Virginia)
DRONE (1% fee) EU (Ireland)
PROBE (1% fee) US West (N. California)
MULE (1% fee) US West (Oregon)
REFINERY (1% fee) Asia Pacific (Singapore)
EXCTRACTOR (1% fee) South America (São Paulo)
"

If you had 6 pools charging a one percent fee, and you were the only place to go to to mine the coins for the entire POW stage. Doesnt this mean that at the end of the POW stage you had 6% of all coins??

Does this seem fair to everyone?

Please let me know as I am curious if my math is wrong. Its early so it may very well be lol

AHAHAHAHAHAHAH is sad and funny ...... dev got 1% and stop .... he should have 6% if any pool did 100% of mining .
OMG we mined 600% of a coin

or maybe one another fake panic troller ....
In the marketing and comunication word this is an old tecnique, one people tell alot of bullshit, some will trust immediatly, some will trust never ..... but there is a huge amount of people that will remember that bullshit and in some cases they will rember just the 6% in bold.

If ur not a troller and really just still sleeping just apologize my sarcasm, but was so funny Cheesy

ASICrefugee

sr. member

Activity: 432

Merit: 250

Quote from: 1024KB on June 20, 2014, 08:32:58 AM

Quote from: ?? on ??

Quote from: 1024KB on June 20, 2014, 08:21:33 AM

Mineral can you answer me something please

"Outdated info, POW stage is over:

These are the only legit pools that you can mine Minerals at:

SCV (1% fee) US East (N. Virginia)
DRONE (1% fee) EU (Ireland)
PROBE (1% fee) US West (N. California)
MULE (1% fee) US West (Oregon)
REFINERY (1% fee) Asia Pacific (Singapore)
EXCTRACTOR (1% fee) South America (São Paulo)
"

If you had 6 pools charging a one percent fee, and you were the only place to go to to mine the coins for the entire POW stage. Doesnt this mean that at the end of the POW stage you had 6% of all coins??

Does this seem fair to everyone?

Please let me know as I am curious if my math is wrong. Its early so it may very well be lol

No and here is why.

So if 100 pools charged 1% then they would have 100% of all coins using your maths.

let me put it this way, if there were only 2 pools to get all the coins from, and those pools mined all the blocks, and took a 1% fee from each block, then would those two pools not each own 1 percent of the total coin? once all coins in POW were mined?.

1% of TOTAL blocks is still just 1% - however many pools you split the hash over it is always still 1% Roll Eyes

jasemoney

legendary

Activity: 1610

Merit: 1008

Forget-about-it

Quote from: 1024KB on June 20, 2014, 08:35:17 AM

Quote from: amartinz on June 20, 2014, 08:34:10 AM

Guys, he's not wrong with math - he's just spreading FUD.
Hope this coin will go up. Took some @ 795 sat just now.

I'm not spreading FUD at all. I am asking for the DEV to clarify this for me.

his math is wrong and the guy who says its right is fudding

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: 1024KB on June 20, 2014, 08:21:33 AM

Mineral can you answer me something please

"Outdated info, POW stage is over:

These are the only legit pools that you can mine Minerals at:

SCV (1% fee) US East (N. Virginia)
DRONE (1% fee) EU (Ireland)
PROBE (1% fee) US West (N. California)
MULE (1% fee) US West (Oregon)
REFINERY (1% fee) Asia Pacific (Singapore)
EXCTRACTOR (1% fee) South America (São Paulo)
"

If you had 6 pools charging a one percent fee, and you were the only place to go to to mine the coins for the entire POW stage. Doesnt this mean that at the end of the POW stage you had 6% of all coins??

Does this seem fair to everyone?

Please let me know as I am curious if my math is wrong. Its early so it may very well be lol

do you even math?

if every pool mine 1/6 of the entire supply, it mean 1% of 1/6 which is equal to 1%/6 of the total supply(6/6)

for dummies, every pool mine 1% of 100k of a total supply of 600k, this mean every pool has 1k = 1k*6 = 6k =1/100 of 600k= 1%

jasemoney

legendary

Activity: 1610

Merit: 1008

Forget-about-it

Quote from: 1024KB on June 20, 2014, 08:27:45 AM

Quote from: Gaokao on June 20, 2014, 08:25:25 AM

Quote from: 1024KB on June 20, 2014, 08:21:33 AM

Mineral can you answer me something please

"Outdated info, POW stage is over:

These are the only legit pools that you can mine Minerals at:

SCV (1% fee) US East (N. Virginia)
DRONE (1% fee) EU (Ireland)
PROBE (1% fee) US West (N. California)
MULE (1% fee) US West (Oregon)
REFINERY (1% fee) Asia Pacific (Singapore)
EXCTRACTOR (1% fee) South America (São Paulo)
"

If you had 6 pools charging a one percent fee, and you were the only place to go to to mine the coins for the entire POW stage. Doesnt this mean that at the end of the POW stage you had 6% of all coins??

Does this seem fair to everyone?

Please let me know as I am curious if my math is wrong. Its early so it may very well be lol

You did very very bad math.
A*1%+B*1%+...+F*1%, A+B+...+F=total, how can you figured out 6%a?

well if they charged a 1% fee of all blocks found, ran all 6 pools, then 1 x 6 is 6% of total coins. even if its 1% of total coins, no one else was able to amass 1% of total coins expect them which doesn't seem "fair" .

Im not accusing im genuinely asking the Mineral devs to clarify this for me

1x6 is 6% the problem in your math is that there are 6 pools making up the total coins so its (1 percent times 6 pools ) / (6 pools)

1024KB

full member

Activity: 238

Merit: 100

Quote from: amartinz on June 20, 2014, 08:34:10 AM

Guys, he's not wrong with math - he's just spreading FUD.
Hope this coin will go up. Took some @ 795 sat just now.

I'm not spreading FUD at all. I am asking for the DEV to clarify this for me.

barryzand

hero member

Activity: 574

Merit: 500

Growcoin Chief

Quote from: 1024KB on June 20, 2014, 08:32:58 AM

Quote from: ?? on ??

Quote from: 1024KB on June 20, 2014, 08:21:33 AM

Mineral can you answer me something please

"Outdated info, POW stage is over:

These are the only legit pools that you can mine Minerals at:

SCV (1% fee) US East (N. Virginia)
DRONE (1% fee) EU (Ireland)
PROBE (1% fee) US West (N. California)
MULE (1% fee) US West (Oregon)
REFINERY (1% fee) Asia Pacific (Singapore)
EXCTRACTOR (1% fee) South America (São Paulo)
"

If you had 6 pools charging a one percent fee, and you were the only place to go to to mine the coins for the entire POW stage. Doesnt this mean that at the end of the POW stage you had 6% of all coins??

Does this seem fair to everyone?

Please let me know as I am curious if my math is wrong. Its early so it may very well be lol

No and here is why.

So if 100 pools charged 1% then they would have 100% of all coins using your maths.

let me put it this way, if there were only 2 pools to get all the coins from, and those pools mined all the blocks, and took a 1% fee from each block, then would those two pools not each own 1 percent of the total coin? once all coins in POW were mined?.

dude... get some coffee... and rethink your math... pls! LOL

amartinz

newbie

Activity: 53

Merit: 0

Guys, he's not wrong with math - he's just spreading FUD.
Hope this coin will go up. Took some @ 795 sat just now.

1024KB

full member

Activity: 238

Merit: 100

Quote from: ?? on ??

Quote from: 1024KB on June 20, 2014, 08:21:33 AM

Mineral can you answer me something please

"Outdated info, POW stage is over:

These are the only legit pools that you can mine Minerals at:

SCV (1% fee) US East (N. Virginia)
DRONE (1% fee) EU (Ireland)
PROBE (1% fee) US West (N. California)
MULE (1% fee) US West (Oregon)
REFINERY (1% fee) Asia Pacific (Singapore)
EXCTRACTOR (1% fee) South America (São Paulo)
"

If you had 6 pools charging a one percent fee, and you were the only place to go to to mine the coins for the entire POW stage. Doesnt this mean that at the end of the POW stage you had 6% of all coins??

Does this seem fair to everyone?

Please let me know as I am curious if my math is wrong. Its early so it may very well be lol

No and here is why.

So if 100 pools charged 1% then they would have 100% of all coins using your maths.

let me put it this way, if there were only 2 pools to get all the coins from, and those pools mined all the blocks, and took a 1% fee from each block, then would those two pools not each own 1 percent of the total coin? once all coins in POW were mined?.

1024KB

full member

Activity: 238

Merit: 100

Quote from: ?? on ??

Quote from: 1024KB on June 20, 2014, 08:21:33 AM

Mineral can you answer me something please

"Outdated info, POW stage is over:

These are the only legit pools that you can mine Minerals at:

SCV (1% fee) US East (N. Virginia)
DRONE (1% fee) EU (Ireland)
PROBE (1% fee) US West (N. California)
MULE (1% fee) US West (Oregon)
REFINERY (1% fee) Asia Pacific (Singapore)
EXCTRACTOR (1% fee) South America (São Paulo)
"

If you had 6 pools charging a one percent fee, and you were the only place to go to to mine the coins for the entire POW stage. Doesnt this mean that at the end of the POW stage you had 6% of all coins??

Does this seem fair to everyone?

Please let me know as I am curious if my math is wrong. Its early so it may very well be lol

No and here is why.

So if 100 pools charged 1% then they would have 100% of all coins using your maths.

no because those 100 pools wouldn't be owner by the same person.

iawgoM

hero member

Activity: 602

Merit: 500

Quote from: helloweiwei on June 20, 2014, 08:20:16 AM

I really like this coin, so I made a 3D effect. Tongue

Oh, very very nice! Keep 'em coming!

Topic: [ANN][MIN] Minerals - POS | Developing own anon solution | - page 329. (Read 742187 times)