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Topic: !<~~~~~[BAT] BatCoin - The Reincarnation [Stay tuned] ~~~~~>! - page 166. (Read 234472 times)

hero member
Activity: 644
Merit: 500
my first signature on bitcointalk is Batcoin Cheesy  , thank you Batman for the coins ,one more time
member
Activity: 98
Merit: 10
that was one of the smoothest launches i have seen on this forum
keep it up batman!
pm'ed you my wallet address
full member
Activity: 210
Merit: 100
newbie
Activity: 14
Merit: 0
Not enough post to sign  Embarrassed
newbie
Activity: 42
Merit: 0
With all of these new coins coming out, why would I mine a pre-mined one?  Huh More value is zero premine coins.
+1
legendary
Activity: 1946
Merit: 1005
My mule don't like people laughing
With all of these new coins coming out, why would I mine a pre-mined one?  Huh More value is zero premine coins.
newbie
Activity: 24
Merit: 0
me too!
for my signature
AkjArjheMZMzhe8nTHuWnfmLfwGgPZG7sZ
 Kiss
full member
Activity: 140
Merit: 100
thanks for the info ,now I hope my pool finds that block Cheesy

At 90s block time it will happen after 54 days. Are you still going to mine it then? Smiley


the target is 960 blocks daily
so it should happen earlier,the diff is adjusting to hit the 960 blocks per day number
p.s
the diff right now is 13.4
only 2.5 hours after the launch
kke
member
Activity: 96
Merit: 10
thanks for the info ,now I hope my pool finds that block Cheesy

At 90s block time it will happen after 54 days. Are you still going to mine it then? Smiley
full member
Activity: 140
Merit: 100
with such huge premine. the OP is forced to give away a lot. hence i will wait for them. why mine. when i can easy get double of it via giveaways.

Adding signature to your posts is currently worth two hours of hashing at 1mh/s.

what will be the Special reward on block 1337
why block 1337 ?

13 370 000.

Code:
 if(nHeight == 1337)
    return 13370000*COIN; //the 1337 block

That's 222 X the normal block reward. Ten times more than what you can mine in a day at 20mhash/s at current difficulty.



and we are holding the bounties on the pools to make sure they will pay it all out to the gotham citizens!
hero member
Activity: 644
Merit: 500
with such huge premine. the OP is forced to give away a lot. hence i will wait for them. why mine. when i can easy get double of it via giveaways.

Adding signature to your posts is currently worth two hours of hashing at 1mh/s.

what will be the Special reward on block 1337
why block 1337 ?

13 370 000.

Code:
  if(nHeight == 1337)
    return 13370000*COIN; //the 1337 block

thanks for the info ,now I hope my pool finds that block Cheesy
kke
member
Activity: 96
Merit: 10
with such huge premine. the OP is forced to give away a lot. hence i will wait for them. why mine. when i can easy get double of it via giveaways.

Adding signature to your posts is currently worth two hours of hashing at 1mh/s.

what will be the Special reward on block 1337
why block 1337 ?

13 370 000.

Code:
 if(nHeight == 1337)
    return 13370000*COIN; //the 1337 block

That's 222 X the normal block reward. Ten times more than what you can mine in a day at 20mhash/s at current difficulty.

legendary
Activity: 1274
Merit: 1000
what will be the Special reward on block 1337
why block 1337 ?

maybe signs of leet?  or bat sings 33.
hero member
Activity: 644
Merit: 500
what will be the Special reward on block 1337
why block 1337 ?
legendary
Activity: 1274
Merit: 1000
with such huge premine. the OP is forced to give away a lot. hence i will wait for them. why mine. when i can easy get double of it via giveaways.
full member
Activity: 159
Merit: 100
B38mRKzNmZffjfzYQFRCuJ4WtGEhQpne55

Signature updated. Thanks!
newbie
Activity: 26
Merit: 0
Signature present, thank you kindly good sir  Cheesy

B2Naca1hWSf1wjEb3ehwmPqbgmwvcBvHrV
full member
Activity: 126
Merit: 100
thanks! AkkU2sViVF9r4Vbg7qchzqGTCdqtho2JLb
full member
Activity: 140
Merit: 100
the double did not worked for the premine
also the first couple blocks gone to the cyberspace,
and as i said
we are giving a lot away
first dice game is probably coming soon Smiley

That dice game should have atleast -50% house edge. If it has any house edge, you're not giving anything away, you're profiting from running the game.

So let's put this premine into perspective:

- After all the x2 blocks have been mined there's still only about 13 million non-premine coins in circulation.

- Doge is now at block 49386 and has been around for a few days. It has been one of the most mined altcoins the whole time it has existed, peaking around like 30gh/s.

- With Batcoin's block reward, after 49386 mined blocks there will only be 2,963,160,000 non-premined coins in circulation. Only slightly more than the premine. Batcoin will not be mined 30gh/s.

- The current top hasher at minersbest with 18mh/s rig is estimated to make 2 million bats a day. It would take him 500 days to mine a billion bats if the difficulty would remain at the current level. It will not.

- If the coin stays alive at all, the number of non-premined coins will beat the number of premined coins in few years.

- If the price of 1 bat was even 0.00000001 LTC, you would net $500+ if you could manage to get it all sold. If it was 1 BTC satoshi, you would make $20,000+.

By performing a ridiculously huge premine like this, you're just screwing up the coin for everyone. What do you think the exchanges will think when considering adding your coin and there's this guy with 99,9% of the coins in circulation waiting for anyone dumb enough to place a buy order. You have enough coins to clear the buy order table few times a day for a long long time. You have ruined the balance of supply/demand.

Doge has been perhaps the most successful altcoin since litecoin. The value vs btc has been really stable, a straight line since the launch. It's still profitable to mine it. Doge was not premined at all. When trying to replicate doge's success, replicate the no premine part of it.

Nothing more to add. /rant.



the dice game is not ours, we paid for the service providing, thats it
so please, no harsh feelings for us on how it will be ran


full member
Activity: 171
Merit: 100
why is there a big difference in pool estimates?
bat.webcoin    2kh= 700K bat
bat.minersbest 2kh= 16M

That's because minersbest has over 12x more hash power (14mh/s vs 170mh/s).


haha, that just makes me have more questions...Am I losing coins by being in the smaller pool?

no the estimated coins per day are on every pool the same.
a big pool finds many blocks, but because of the big pool-hashrate you will get only a small amount of the reward.
a small pool finds few blocks, but because of the low pool-hashrate you will get bigger rewards.

Ahh, makes sense. Thank you Sir.
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