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Topic: [ANN][SHF] 💠 SHAFT ⛏Mining-oriented⛏ CryptoCurrency 💠 - page 23. (Read 52798 times)

newbie
Activity: 12
Merit: 0

5,000 SHAFTs threshold is a number that defines that miner is dedicating to sustain SHAFT blockchain. to upkeep its security. All miners who are committed to SHAFT could earn 5,000 SHF sooner or later.

Guys are right. Amount is high. But, nevertheless, bonuses and profits for being committed to the SHAFT are high also. Fair deal to me.
member
Activity: 88
Merit: 10
any news about Yobit ?  Roll Eyes

Still waiting news from them. An answer should be given within a week.

any plan or roadmap for getting listed on big exchanges?

Listing on major exchanges will happen accordingly to roadmap — no later than 15th of November.

I think the 5000 deposit to receive SRS is a bit higher than it should be.
Even masternodes doesn't require 1000 x block reward to create.

I agree, I am mining shaft and 5000 coins are long away.

5,000 SHAFTs threshold is a number that defines that miner is dedicating to sustain SHAFT blockchain. to upkeep its security. All miners who are committed to SHAFT could earn 5,000 SHF sooner or later.
jr. member
Activity: 54
Merit: 10
any plan or roadmap for getting listed on big exchanges?
sr. member
Activity: 580
Merit: 253
Atheios.org
Hi ,
Does this Pool https://pool.shaft.sh/#/ ( the one with the 70 miners suports nicehash? if so whats the port and password please? thanks and happy minnning!
I dont believe that supported right now but I could be wrong.

I still have not tried mining. and I want to ask more favorably where between mining by following bounty according to dev. thanks so much.
Best to mine early while the coin is still new and you will see a good return. Join the bounty and you will earn a very good amount of SHF store them up and be eligible for SRS token bounty here https://bitcointalksearch.org/topic/bountyshf-shaft-mining-oriented-cryptocurrency-2222859
full member
Activity: 307
Merit: 100
https://www.crypto1id.com/
I still have not tried mining. and I want to ask more favorably where between mining by following bounty according to dev. thanks so much.
newbie
Activity: 1
Merit: 0
Hi ,
Does this Pool https://pool.shaft.sh/#/ ( the one with the 70 miners suports nicehash? if so whats the port and password please? thanks and happy minnning!
sr. member
Activity: 714
Merit: 252
love the announcement, no gui wallet but you've pretty much given us the moon on a stick Grin

looking forward to receiving srs and possible future dividends, may have to point my rigs back at shaft for a bit
member
Activity: 86
Merit: 10
SHAFT is now available on Stocks.exchange!
Great news, well done team SHAFT Smiley

the exchange is modest, but everything works fine! bought a few coins, without problems brought to the purse. fast.
full member
Activity: 180
Merit: 100
any news about Yobit ?  Roll Eyes
full member
Activity: 294
Merit: 100
I think the 5000 deposit to receive SRS is a bit higher than it should be.
Even masternodes doesn't require 1000 x block reward to create.
where is 5000 threshold? i don't see any threshold from dev.

Look here...



Distribution
SRS tokens will be distributed through a smart contract which will reward every Shaft owner with SRS tokens accordingly to their shaft balance. Starting with deposits from 5,000 Shaft every miner would receive 8% yearly interest rate paid in SRS. An interest rate of 0,66% will be paid in SRS tokens every month. For example, if you own 10,000 shafts you will receive 66 SRS tokens every month. More SHAFT means more tokens!


Thank you! I just saw annouce at page 13, i'll read it clearly.
sr. member
Activity: 569
Merit: 250
I think the 5000 deposit to receive SRS is a bit higher than it should be.
Even masternodes doesn't require 1000 x block reward to create.
where is 5000 threshold? i don't see any threshold from dev.

Look here...



Distribution
SRS tokens will be distributed through a smart contract which will reward every Shaft owner with SRS tokens accordingly to their shaft balance. Starting with deposits from 5,000 Shaft every miner would receive 8% yearly interest rate paid in SRS. An interest rate of 0,66% will be paid in SRS tokens every month. For example, if you own 10,000 shafts you will receive 66 SRS tokens every month. More SHAFT means more tokens!

full member
Activity: 294
Merit: 100
I think the 5000 deposit to receive SRS is a bit higher than it should be.
Even masternodes doesn't require 1000 x block reward to create.
where is 5000 threshold? i don't see any threshold from dev.
sr. member
Activity: 569
Merit: 250
I think the 5000 deposit to receive SRS is a bit higher than it should be.
Even masternodes doesn't require 1000 x block reward to create.

I agree, I am mining shaft and 5000 coins are long away.
full member
Activity: 322
Merit: 100
I think the 5000 deposit to receive SRS is a bit higher than it should be.
Even masternodes doesn't require 1000 x block reward to create.

This is an interesting point.

Dev can you please let us know:

1) The logic behind the 5000 threshold?  It seems quite high.  If you have a good justification we are open to listen, but if this is not rooted in sound economics I would urge you to reconsider.  You should look at projects like DASH and PIVX to figure out block-to-node ratios as raised by the quoted comment.  You need to encourage holding by making the reward threshold large, but you should not leave smaller miners in the dust.  Remember your vision: reward miners.  Do not only reward whales.

2) Will you exclude your pre-mines from the threshold?  It seems like those shouldn't be rewarded, right?  That would be unfair to everyone else, as no one can compete with millions of SHAFT and you will get all the token.

Thank you for taking the time to consider, I think overall this project is going well.
member
Activity: 112
Merit: 16
I think the 5000 deposit to receive SRS is a bit higher than it should be.
Even masternodes doesn't require 1000 x block reward to create.
sr. member
Activity: 580
Merit: 253
Atheios.org
newbie
Activity: 12
Merit: 0
You can do it, it is pretty cheap now

But only 4.8k shafts are on sale — that is not even enough to be eligible for srs reward. Seems that I will have to mine harder.
member
Activity: 112
Merit: 16
You can do it, it is pretty cheap now
newbie
Activity: 12
Merit: 0
SHAFT is now available on Stocks.exchange!

Will buy those shafts on exchange to receive more srs. Yay!
full member
Activity: 294
Merit: 100
WOW, Great! We were on first exchange, great work, great dev! Good luck to all.  Wink
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