Topic: [ANN][ROI] ROI Coin | CPU Only Solo Mining Hybrid | 15% POS | 593% Term Deposit - page 156. (Read 107976 times)

solo mining with cpu is a waste of energy, and don't make a lot of sense to me, wonder why you create such coin

What is the point of you spamming BCT to death with all these spam posts promoting an ICO (Powerledger cough cough) then jump in here messing with our clean tread?

https://bitcointalksearch.org/topic/m.22618430
https://bitcointalksearch.org/topic/m.22618419
https://bitcointalksearch.org/topic/m.22560048
https://bitcointalksearch.org/topic/m.22559583
https://bitcointalksearch.org/topic/m.22559540
https://bitcointalksearch.org/topic/m.22496260
https://bitcointalksearch.org/topic/m.22313111

I got tired of copying and pasting there are many many more argh....

Why said so? There is no difference that nicehash also use CPU that rented out by other people...

I was so curious I went to check them out.  Watch out for the troll box...  Some of them are likely to end up in a very warm place at a later date...


https://coinsmarkets.com/stake.php

What is Stake ?
Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. Unlike proof-of-work (PoW) based cryptocurrencies (such as bitcoin), where the algorithm rewards participants who solve complicated cryptographical puzzles in order to validate transactions and create new blocks (i.e. mining), in PoS-based cryptocurrencies the creator of the next block is chosen in a deterministic (pseudo-random) way, and the chance that an account is chosen depends on its wealth (i.e. the stake). In PoS cryptocurrencies the blocks are usually said to be forged (in the blacksmith sense of this word), or minted, rather than mined. Also, usually all the coins are created in the beginning and the total number of coins never changes afterwards (although there are some other versions of PoS where new coins can be created). Therefore, in the basic version of PoS there are no block rewards (e.g. as in bitcoin); so, the forgers take only the transaction fees.

 
How to stake a coin ?
1) - You need to select a coin with stake ability .
2) - Send coin to your wallet here in coinsmarkets or buy coins .
3) - Stake are credited once per day around GMT time @ 00:00 .

 
How we calculate stake ?
Stake coins are calculated once per day (GMT time @ 00:00 ) , We count overall generated coins and split them on all users balance .
So a balance of 10 coins get 10 share , a balance of 1 coin get 1 share .
If the total balance of the wallet is 100 coins then the user who had 10 coins (10% of the wallet amount) get 10% of total staked coins.
Note even coin that are currently in trade (on order) will also generate stake share .


How much can i make from staking ?
Each coin is different , please refer to the coin specification to calculate your stake .
 
Why it is better to stake your coin in coinsmarkets ?
1) - You will generate more staking coins with us , Since u are not only getting stake coins according to own balance but also coins from our wallets made from DEV giveaway ,fees and transaction fees .
2) - You will keep generating stake coins even if your coins are in order , Ability to trade and stake at the same time .
3) - Some coins require that you keep your wallet open in order to generate stake , Our wallet is always online 24/7.

 

Just a quick update...

The ANN has been translated to Nihongo and many thanks and the bounty has been paid out to BCT member @warden!
https://bitcointalk.org/index.php?topic=2380605.new#new

The German translation has been sent to me and the bounty has been paid out and I will get it done and posted soon.

The Vietnamese translation is being worked on as I type.

The Filipino (Tagalog) translation is being worked on as I type.

What is the point of this coin?

Can I ask...  Was it a wallet balance or pending orders?  I personally don't see why there would be a difference.  But to the exchange, its possible the status of the coin changes when moved from a wallet to a pending order.

Might be the best way to get clarification from them, if there is a differentiation.  I will setup an account tomorrow and ask as well.

It's no NIX box it's actually Windows 10. Just a cheezy lil Ryzen 1800X 8 core I reckon but yep it cracks mid 600's hash 24-7. Thing is some days one of my i7 3770's will find more blocks and those miners only smash about high 200's hash. There is a luck factor right... some days two identical i7 3770's sitting side by side one gets 4 blocks while the other one gets 0!

When that block gets released it's a race across the network to solve the hash and to some extent luck can play a role. Past that over time and distance and in terms of long term averaging a higher hashing box will produce more blocks...

I don't have any coins there I'm not selling any coins so your observation is really helpful...

Would you mind dropping their support a line and give them a jingle and see what they come back with and then let us all know please.

I found that coinsmarkets did not accrue the 8% stake for ROIcoin, but others working fine. Anyone notice or face it too?

Here is a Ryzen 1800X spitting out about mid 600's hash mining straight from the wallet with 1 flag -optimineraes=1

[EDIT] deleted image because it displayed a wallet address

anyone able to post a screen shot mining hash rate and number of coins mined?

Coin is listed now at CoinsMarkets https://coinsmarkets.com/trade-BTC-ROI.htm
Never heard of nor used this exchange before but after working it over I like it a lot. Right off the bat I fell in love with 1. They don't harvest the POS on coins but pass them out to the exchange peeps! 2. Cool built in airdrop setup for coin promotion 3. Fast fast service

Coin has been submitted for listings at the following and am waiting for the exchanges to bring the coin live. I honestly can't say how soon that is going to happen..

KUcoin
Southxchange
Trade Satoshi
Yobit

This will give us 5 exchanges for our starter kit at launch. We'll let the coin sort out a bit and then we'll go after some bigger exchanges I reckon.

deleted

Hello...  I did not want you to feel ignored.  DisasterFaster is handling this aspect.  He will likely be back online this evening.  Actually, try to pull him away from a computer and he might bite.

Some of these exchanges just take time to get processed through.  But he can provide real time updates as he gets them...    And maybe post a listing of exchanges submitted to so far vs. online.

Thank you.

Bookmarking this, seems interesting thanks.

maybe its time to even small exchange like coinxchange?

Excellent discussion. Is there any update on other exchanges - Yobit et al? Also any discussions with more mainstream exchanges - Liqui, Binance etc.? We need more promotion for the coin to gain some market traction.

With an additional dev joining the team, preliminary discussions have started for an in-house pool, tied directly to our home site and will be hosted on a Node to get the best latency.  We want the ability to block large hashers by IP, NiceHash and other similar services and keep the pool focused on smaller hash coin miners.

This will include a no fee mining service, what you mine is what you get. (another example of how premine helps to eventually offset costs)  Larger hashers running 1000 H/s +  may still find it more profitable to solo mine.  There is no way around the 360 confirmations, it is a security function on the coin itself.

This is not to discourage 3rd party pools, but those pools have a vested interest in maximum hashrate.  Which is okay, the way it should be.  Fair market competition.

The task that lays ahead is for us to provide an environment where CPU mining can still be done and will be monitored for abuse.  This can be done by checking the number of connections (wallets) from a single IP address.

This is no guarantee that this pool will be raining blocks.  There are still only 720 blocks (avg.) per day.  But at least it will have some advantages to maximize your CPUs efforts.

We ask for your patience on this, there is a considerable amount to be discussed, coded, and above all, protected to prevent or mitigate attacks on the pool itself.

We will definitely keep every one posted on this project.  But feel free to ask questions or if you have concerns, let us know.  This is a community driven consensus project.

Thank you.

We are grateful for everyone's support, but please remember, we are only 5 days old.  Still much to do.  

And NiceHash is not free. Exchange price and NiceHash price will be leveled.

Report your benchmark results. https://bitcointalksearch.org/topic/m.24303792