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Topic: [ANN][ROI] ROI Coin | CPU Only Solo Mining Hybrid | 15% POS | 593% Term Deposit - page 52. (Read 107996 times)

newbie
Activity: 107
Merit: 0
Looks like our network hash is up around 290K now do we think it will hit and go above 300K soon?

Yeap it will go above 300k soon its just a matter of time now  Grin also ROi coin market value show 100 satoshi now  Smiley
member
Activity: 391
Merit: 14
I am depositing and hodling all time, but when sell ROI coins?
How do you thing, pricing could go higher?

Until developers see and block nicehash, the coin will be at the bottom.

The devs can't just block nicehash it's not that easy. Nicehash connects to a mining pool and so only a mining pool can block them and even then if even 1 mining pool allowed it there would be no help.

I have seen pools block nice hash on cryptonight coins. And I have seen someone who is using nicehash set there own pool up and point the hash to there own pool so they get 100% of the blocks.

Nice hash is something that is here to stay for now.
sr. member
Activity: 770
Merit: 264
I am depositing and hodling all time, but when sell ROI coins?
How do you thing, pricing could go higher?

Until developers see and block nicehash, the coin will be at the bottom.

The devs can't just block nicehash it's not that easy. Nicehash connects to a mining pool and so only a mining pool can block them and even then if even 1 mining pool allowed it there would be no help.
member
Activity: 391
Merit: 14
I am depositing and hodling all time, but when sell ROI coins?
How do you thing, pricing could go higher?

Until developers see and block nicehash, the coin will be at the bottom.

Devs see it and dont block it. Now what? Coin be at the bottom? Yet more and more jumping on Roi.
newbie
Activity: 35
Merit: 0
I am depositing and hodling all time, but when sell ROI coins?
How do you thing, pricing could go higher?

Until developers see and block nicehash, the coin will be at the bottom.
sr. member
Activity: 770
Merit: 264
Looks like our network hash is up around 290K now do we think it will hit and go above 300K soon?
member
Activity: 391
Merit: 14
Hello,

trying to mine on suprnova. miner closes for no reason after 10 seconds

using :

amd fx 8350 on w10 pro

hodlminer -a hodl -o stratum+tcp://roi.suprnova.cc:4699 -u raknaren.1 -p x -t 6

any ideas?

Remove the -t 6 and set the affinity using task manager Cheesy

EDIT:

LOL Paddy just beat me Wink
newbie
Activity: 13
Merit: 0
Hello,

trying to mine on suprnova. miner closes for no reason after 10 seconds

using :

amd fx 8350 on w10 pro

hodlminer -a hodl -o stratum+tcp://roi.suprnova.cc:4699 -u raknaren.1 -p x -t 6

any ideas?

Try without "-t 6". You can set the CPU affinity using the windows task manager. I had the same issue and for me this worked.
sr. member
Activity: 770
Merit: 264
I am depositing and hodling all time, but when sell ROI coins?
How do you thing, pricing could go higher?

I wish I knew the answer to that question...

Our roadmap has a paid marketing push occurring between now and the end of March and hopefully that may help out...
jr. member
Activity: 68
Merit: 1
I am depositing and hodling all time, but when sell ROI coins?
How do you thing, pricing could go higher?
full member
Activity: 252
Merit: 100
THE DECENTRALIZED BETTING EXCHANG
The new coin, and growth potential, as I noticed is huge! I am sure that the team will achieve high results!
sr. member
Activity: 770
Merit: 264

Yes it is 100% the truth but maybe you are interpreting that sentence differently by chance?

The intended meaning is this: "Unlike other alternative coins, ROI coins' proof of stake minting and interest payouts are carved in stone." -- ROI coin is different than most all other coins because your payout is carved in stone to be an exact amount. How much you have in your wallet does not matter.. a user that deposits 5 coins will get the same interest as a user that deposits 5 million coins. A user that has their wallet offline for a year will get the same interest as a user who runs their wallet day and night all year. Every user gets the exact same interest no matter what the wallet weight vs. the network weight is. Every user gets the same interest no matter what the age of their coins is. Interest is paid every single block of the blockchain beginning with the first block.

When you stake other coins interest payouts can be inconsistent and nearly impossible to pre-determine. This is because of many variables such as network competition, latency, wallet weight vs. network weight, age of coins, etc., etc.

At the onset of ROI the coin was intended to create a knowable payout system for the users. This means that if you term deposit X coins for X blocks you know the payout in a popup window before you ever even commit to that term deposit.

If by chance you interpreted that sentence to mean that interest payouts would never be altered at any future date this was not the intended meaning. In the early stage of the coin the higher payouts will serve to grow coin supply, community interest and hopefully trading volume. Obviously these rates cannot be sustained forever and at a future date and based on community feedback, market trends, coin valuation and other details the code will be modified to reduce those rates as needed to control any inflation issues.

I am not always the best at explaining things so if this still doesn't make sense let me know Smiley

And if I place a deposit for 2 years, and during this time there will be changes in the blockchain (as it was recently), how much will I receive in 2 years? And will I receive anything at all?

The term deposit should be a minimum of 2 days and a maximum of 1 year so I would not ever recommend doing one for 2 years. If there are changes in the blockchain while term deposits are in progress it will depend on how we code the fork. If we code the fork with an if statement then you could have the pre-fork deposits continuing as they were while post-fork deposits would be at the new rates. It is also possible that an if statement creates problems and in that case the rate changes could be retro-active. Either way you will receive a term deposit payout and it would not be eliminated.
full member
Activity: 1246
Merit: 138
Hodl DeepOnion

Yes it is 100% the truth but maybe you are interpreting that sentence differently by chance?

The intended meaning is this: "Unlike other alternative coins, ROI coins' proof of stake minting and interest payouts are carved in stone." -- ROI coin is different than most all other coins because your payout is carved in stone to be an exact amount. How much you have in your wallet does not matter.. a user that deposits 5 coins will get the same interest as a user that deposits 5 million coins. A user that has their wallet offline for a year will get the same interest as a user who runs their wallet day and night all year. Every user gets the exact same interest no matter what the wallet weight vs. the network weight is. Every user gets the same interest no matter what the age of their coins is. Interest is paid every single block of the blockchain beginning with the first block.

When you stake other coins interest payouts can be inconsistent and nearly impossible to pre-determine. This is because of many variables such as network competition, latency, wallet weight vs. network weight, age of coins, etc., etc.

At the onset of ROI the coin was intended to create a knowable payout system for the users. This means that if you term deposit X coins for X blocks you know the payout in a popup window before you ever even commit to that term deposit.

If by chance you interpreted that sentence to mean that interest payouts would never be altered at any future date this was not the intended meaning. In the early stage of the coin the higher payouts will serve to grow coin supply, community interest and hopefully trading volume. Obviously these rates cannot be sustained forever and at a future date and based on community feedback, market trends, coin valuation and other details the code will be modified to reduce those rates as needed to control any inflation issues.

I am not always the best at explaining things so if this still doesn't make sense let me know Smiley

And if I place a deposit for 2 years, and during this time there will be changes in the blockchain (as it was recently), how much will I receive in 2 years? And will I receive anything at all?
newbie
Activity: 8
Merit: 0
Hello,

trying to mine on suprnova. miner closes for no reason after 10 seconds

using :

amd fx 8350 on w10 pro

hodlminer -a hodl -o stratum+tcp://roi.suprnova.cc:4699 -u raknaren.1 -p x -t 6

any ideas?
sr. member
Activity: 770
Merit: 264
Quick update:

The issue with block explorer number 2 has been diagnosed and fixed Cheesy

Many thanks to the community for keeping an eye on things and assisting the dev team in staying on top of any issues that crop up!
sr. member
Activity: 770
Merit: 264
Thanks for the explanation, now I see. Decreasing interest rates are not that bad, since they are a bit high now, but yeah, early adopters will win as always Smiley

I agree on that and honestly the people who deposit the coin earlier will end up making more staking than those who may come in later after the rates get reduced to counter any inflation problems.
newbie
Activity: 102
Merit: 0
Thanks for the explanation, now I see. Decreasing interest rates are not that bad, since they are a bit high now, but yeah, early adopters will win as always Smiley
member
Activity: 391
Merit: 14
What is the maximum number of coins that will be generated? I am a little concerned about inflation over time as more coins come into existence and can't find this information in the white paper.

This has been discussed numerous time and with in-depth detail.

Nobody can know how many coins will be generated because nobody can know how many users will do what with term-deposits, etc.

No need to be concerned with inflation since the %'s for POS and term deposit will be reduced lower when and as needed to control any future inflation issues.

But in the whitepaper I've read:

Term deposited coins can provide up to 593% interest if they are locked for one year. Unlike other alternative coins, ROI coins' proof of stake minting and interest payouts are carved in stone.

So this is not the very truth?

If you have 10 coins and lock 1 to 1 year you will get 6.93 coins and 15% APR.
If you dont do anything with the other 9 coins you will get 15% APR with the other 9.

After the term unlocks it will just stack at the stock 15% APR or what ever the APR is at the time.

If you lock 10 coins in at 593% the coins are locked at that. And will get the 593% till they unlock. Once they unlock if the intrest is 400% and you wish to lock them again you will only get 400%. + what ever the stacking APR is. So if its 13% that is what you will get ontop of the term.

If you locked 5 coins today at 593% and Roi forked tonight and droped the intrest to 400% then that last 5 coins will stay at the 593% intrest and any new locked coins will be 400%.

Once they unlock they all drop back to the stock stacking APR% what ever that may be at the time.

Raster
sr. member
Activity: 770
Merit: 264
What is the maximum number of coins that will be generated? I am a little concerned about inflation over time as more coins come into existence and can't find this information in the white paper.

This has been discussed numerous time and with in-depth detail.

Nobody can know how many coins will be generated because nobody can know how many users will do what with term-deposits, etc.

No need to be concerned with inflation since the %'s for POS and term deposit will be reduced lower when and as needed to control any future inflation issues.

But in the whitepaper I've read:

Term deposited coins can provide up to 593% interest if they are locked for one year. Unlike other alternative coins, ROI coins' proof of stake minting and interest payouts are carved in stone.

So this is not the very truth?

Yes it is 100% the truth but maybe you are interpreting that sentence differently by chance?

The intended meaning is this: "Unlike other alternative coins, ROI coins' proof of stake minting and interest payouts are carved in stone." -- ROI coin is different than most all other coins because your payout is carved in stone to be an exact amount. How much you have in your wallet does not matter.. a user that deposits 5 coins will get the same interest as a user that deposits 5 million coins. A user that has their wallet offline for a year will get the same interest as a user who runs their wallet day and night all year. Every user gets the exact same interest no matter what the wallet weight vs. the network weight is. Every user gets the same interest no matter what the age of their coins is. Interest is paid every single block of the blockchain beginning with the first block.

When you stake other coins interest payouts can be inconsistent and nearly impossible to pre-determine. This is because of many variables such as network competition, latency, wallet weight vs. network weight, age of coins, etc., etc.

At the onset of ROI the coin was intended to create a knowable payout system for the users. This means that if you term deposit X coins for X blocks you know the payout in a popup window before you ever even commit to that term deposit.

If by chance you interpreted that sentence to mean that interest payouts would never be altered at any future date this was not the intended meaning. In the early stage of the coin the higher payouts will serve to grow coin supply, community interest and hopefully trading volume. Obviously these rates cannot be sustained forever and at a future date and based on community feedback, market trends, coin valuation and other details the code will be modified to reduce those rates as needed to control any inflation issues.

I am not always the best at explaining things so if this still doesn't make sense let me know Smiley
newbie
Activity: 102
Merit: 0
What is the maximum number of coins that will be generated? I am a little concerned about inflation over time as more coins come into existence and can't find this information in the white paper.

This has been discussed numerous time and with in-depth detail.

Nobody can know how many coins will be generated because nobody can know how many users will do what with term-deposits, etc.

No need to be concerned with inflation since the %'s for POS and term deposit will be reduced lower when and as needed to control any future inflation issues.

But in the whitepaper I've read:

Term deposited coins can provide up to 593% interest if they are locked for one year. Unlike other alternative coins, ROI coins' proof of stake minting and interest payouts are carved in stone.

So this is not the very truth?
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