Topic: !<~~~~~[BAT] BatCoin - The Reincarnation [Stay tuned] ~~~~~>! - page 127. (Read 233949 times)
January 21, 2014, 01:49:20 PM
i sense giveaways around the corner
January 21, 2014, 01:44:33 PM
yes it is!
right now we are working on a small design changes on the thread itself, we have a lot of news to bring, now when we all good
January 21, 2014, 01:34:03 PM
So how is BAT doing these days, what's the latest from the developer?
January 21, 2014, 01:32:46 PM
30 mins mining solo and got almost 3m BAT
Really?
Even if you had the hashrate and the luck to get every single block that was found in those 30 minutes, you'd still only have 1.2 million BAT......
You can mine 1.5M in 20mn easily if you have a big hashrate and the network hashrate is low.
ex :
- diff retargets at block 5000 to 0.2 (~9.54MH/s on average for the last 40 blocks)
- you bring 19MH/s
- block time average is then 30s for the next 40 blocks
- you get 2/3 of the 40*2,400,000 BATs = 1,600,000 BAT in 20 mn
- once the diff retargets, you switch coin and wait for the next diff retarget
- the next 40 blocks will be mined in no less than 3 hours instead of 1, users get screwed.
Yes this is totally unfair, like what the multipools do. That's why a low diff coin is easily killable.
There's what is possible if you don't retarget every block.
But there is also what is observed.
Which is that the blocktime remained 90+ seconds, the network hashrate didn't suddenly jump to two or three times what it was ( to account for a miner with incredible luck and high hashrate ). And the estimated retarget difficulty didn't spike.
Difficulty remained around 1.2, and network hashrate remained around 50-60Mh/s
He would've had to bring like 180 Mh/s on his own....and the observed blocktime still would've had to change...
Actually that's exactly what happend.... At the time as i started mining(on our pool) the diff was 60k(de difficulty shown at your miner) then it fell to 39k and now its 89k.... and after the retarget it will drop again...
January 21, 2014, 01:30:03 PM
He may have been extremely lucky ! Or most probably, he mined 3m in 30mn, but not 3M. m = x1000 :x
That is true, he is using the small m. That I can believe.
Although I'm not sure how he would've hit 5% of a block while solo mining
January 21, 2014, 01:27:34 PM
He may have been extremely lucky ! Or most probably, he mined 3m in 30mn, but not 3M. m = x1000 :x
January 21, 2014, 01:24:43 PM
30 mins mining solo and got almost 3m BAT
Really?
Even if you had the hashrate and the luck to get every single block that was found in those 30 minutes, you'd still only have 1.2 million BAT......
You can mine 1.5M in 20mn easily if you have a big hashrate and the network hashrate is low.
ex :
- diff retargets at block 5000 to 0.2 (~9.54MH/s on average for the last 40 blocks)
- you bring 19MH/s
- block time average is then 30s for the next 40 blocks
- you get 2/3 of the 40*2,400,000 BATs = 1,600,000 BAT in 20 mn
- once the diff retargets, you switch coin and wait for the next diff retarget
- the next 40 blocks will be mined in no less than 3 hours instead of 1, users get screwed.
Yes this is totally unfair, like what the multipools do. That's why a low diff coin is easily killable.
There's what is possible if you don't retarget every block.
But there is also what is observed.
Which is that the blocktime remained 90+ seconds, the network hashrate didn't suddenly jump to two or three times what it was ( to account for a miner with incredible luck and high hashrate ). And the estimated retarget difficulty didn't spike.
Difficulty remained around 1.2, and network hashrate remained around 50-60Mh/s
He would've had to bring like 180 Mh/s on his own....and the observed blocktime still would've had to change...
January 21, 2014, 01:17:48 PM
30 mins mining solo and got almost 3m BAT
Really?
Even if you had the hashrate and the luck to get every single block that was found in those 30 minutes, you'd still only have 1.2 million BAT......
You can mine 1.5M in 20mn easily if you have a big hashrate and the network hashrate is low.
ex :
- diff retargets at block 5000 to 0.2 (~9.54MH/s on average for the last 40 blocks)
- you bring 19MH/s
- block time average is then 30s for the next 40 blocks
- you get 2/3 of the 40*2,400,000 BATs = 1,600,000 BAT in 20 mn
- once the diff retargets, you switch coin and wait for the next diff retarget
- the next 40 blocks will be mined in no less than 3 hours instead of 1, users get screwed.
Yes this is totally unfair, like what the multipools do. That's why a low diff coin is easily killable.
January 21, 2014, 12:46:36 PM
30 mins mining solo and got almost 3m BAT
Really?
Even if you had the hashrate and the luck to get every single block that was found in those 30 minutes, you'd still only have 1.2 million BAT......
January 21, 2014, 12:13:45 PM
30 mins mining solo and got almost 3m BAT
Really?
Even if you had the hashrate and the luck to get every single block that was found in those 30 minutes, you'd still only have 1.2 million BAT......
January 21, 2014, 12:12:46 PM
I could have solo a few hundred blocks also 2 days ago, and would be sitting on nearly 80M batcoin right now. But I don't think a crypto can have value if a single person has 25% of it all when it forked like that (except for the premine).
So if there's anybody currently owning more than 50% of the total hashrate, thinkg about it twice : you're killing the coin trustworthiness and so its value.
So if there's anybody currently owning more than 50% of the total hashrate, thinkg about it twice : you're killing the coin trustworthiness and so its value.
January 21, 2014, 12:10:03 PM
Yep, I'm at 1.4 and they are flying by... Maybe time to switch back to DOGEs!! Much profit!! LOL
January 21, 2014, 12:04:02 PM
yes... blocks are really flying but none for me also.
1.5MH/s here.
1.5MH/s here.
January 21, 2014, 11:55:21 AM
No wonder I can't score a block!!!
January 21, 2014, 11:51:56 AM
30 mins mining solo and got almost 3m BAT
what is your hashrate? he probably got around 25 mh\s
That is almost half of the entire network...
January 21, 2014, 11:49:55 AM
30 mins mining solo and got almost 3m BAT
what is your hashrate? he probably got around 25 mh\s
January 21, 2014, 11:29:33 AM
30 mins mining solo and got almost 3m BAT
what is your hashrate? January 21, 2014, 11:27:30 AM
i'd look into n0nplusultra...maybe some of it showed up again?
Quote from: Kanamatras link=topic=400753.msg4642869#msg4642869 date=1390313868
All Funds of our Miners mined before the first fork(Block 3426) are safe!
Unfortunately I that happened after the first fork when everything was supposed to be stable.. but it forked again.
I guess one has to live with it. There are worst things in life.
I'm still hoping to get some part of the 6M minersbest has to compensate those who lost coins there.. let's see if that happens.
I stopped mining after the first fork because it was obvious that there where still some problems and i wanted to wait until everything was sorted out again...good decision...
i just switched to n0nplusultra billion and had a a fairly good run and now the price of billion is on the rise just like the difficulty. so i guess i'm a pretty lucky fellow at the moment...
January 21, 2014, 11:26:10 AM
30 mins mining solo and got almost 3m BAT
January 21, 2014, 11:17:34 AM
i'd look into n0nplusultra...maybe some of it showed up again?
Quote from: Kanamatras link=topic=400753.msg4642869#msg4642869 date=1390313868
All Funds of our Miners mined before the first fork(Block 3426) are safe!
Unfortunately I that happened after the first fork when everything was supposed to be stable.. but it forked again.
I guess one has to live with it. There are worst things in life.
I'm still hoping to get some part of the 6M minersbest has to compensate those who lost coins there.. let's see if that happens.
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