thanks for the info ,now I hope my pool finds that block 
At 90s block time it will happen after 54 days. Are you still going to mine it then?
Topic: !<~~~~~[BAT] BatCoin - The Reincarnation [Stay tuned] ~~~~~>! - page 166. (Read 234111 times)
January 09, 2014, 08:23:58 PM
At 90s block time it will happen after 54 days. Are you still going to mine it then?
January 09, 2014, 08:20:59 PM
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 ?
why block 1337 ?
13 370 000.
Code:
if(nHeight == 1337)
return 13370000*COIN; //the 1337 block
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!
January 09, 2014, 08:13:55 PM
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 ?
why block 1337 ?
13 370 000.
Code:
if(nHeight == 1337)
return 13370000*COIN; //the 1337 block
return 13370000*COIN; //the 1337 block
thanks for the info ,now I hope my pool finds that block
January 09, 2014, 08:10:59 PM
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 ?
why block 1337 ?
13 370 000.
Code:
if(nHeight == 1337)
return 13370000*COIN; //the 1337 block
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.
January 09, 2014, 08:06:08 PM
what will be the Special reward on block 1337
why block 1337 ?
why block 1337 ?
maybe signs of leet? or bat sings 33.
January 09, 2014, 08:04:31 PM
what will be the Special reward on block 1337
why block 1337 ?
why block 1337 ?
January 09, 2014, 08:03:43 PM
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.
January 09, 2014, 08:01:14 PM
B38mRKzNmZffjfzYQFRCuJ4WtGEhQpne55
Signature updated. Thanks!
Signature updated. Thanks!
January 09, 2014, 07:51:50 PM
Signature present, thank you kindly good sir
B2Naca1hWSf1wjEb3ehwmPqbgmwvcBvHrV
B2Naca1hWSf1wjEb3ehwmPqbgmwvcBvHrV
January 09, 2014, 07:50:27 PM
thanks! AkkU2sViVF9r4Vbg7qchzqGTCdqtho2JLb
January 09, 2014, 07:43:04 PM
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
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
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
January 09, 2014, 07:42:21 PM
why is there a big difference in pool estimates?
bat.webcoin 2kh= 700K bat
bat.minersbest 2kh= 16M
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.
January 09, 2014, 07:41:23 PM
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
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
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.
Edit: well I do have this to add:
Giving the premined coins away for free is pretty close to stealing money from the miners. You artificially increase the supply of coins in the market. More supply, less demand. With 99.9% of the coins in circulation, you're not just some random rich dude, you're the world bank. When you release more coins into circulation you're creating inflation.
January 09, 2014, 07:39:22 PM
signature
AkUWU1wHjKRhwEiXB4MPY4BwfGWQosrWff
thank you
AkUWU1wHjKRhwEiXB4MPY4BwfGWQosrWff
thank you
January 09, 2014, 07:34:51 PM
we are starting to pay for the signatures in 10-20 minutes
sorry for the delay guys!
sorry for the delay guys!
signature
B2r3rp3SJxu6qA9WJGxVJdefdCeSTVhaSQ
thx
i have here GPRS wallet download 40min.. for address posting !!!
damn i load the mac wallet i have windows
new download the win wallet 1 hours min. damn
January 09, 2014, 07:34:25 PM
First BatGiveAway Is UP!
Sorry for harsh rules, its just the first 2 hours of the coin, you should understand that!
The BatGiveaway Thread
All Signature Bounties Have Been Given Away Up To HERE
********************************************************************************************************************************
Sorry for harsh rules, its just the first 2 hours of the coin, you should understand that!
The BatGiveaway Thread
All Signature Bounties Have Been Given Away Up To HERE
********************************************************************************************************************************
January 09, 2014, 07:30:05 PM
why is there a big difference in pool estimates?
bat.webcoin 2kh= 700K bat
bat.minersbest 2kh= 16M
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.
January 09, 2014, 07:27:04 PM
why is there a big difference in pool estimates?
bat.webcoin 2kh= 700K bat
bat.minersbest 2kh= 16M
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?
January 09, 2014, 07:25:13 PM
this coin is just not for me so WTS 226427.0428252 BAT pm me offers thanks
January 09, 2014, 07:25:02 PM
I've changed my signature.
AjtWd75sqAMHbbAu8CVK49r4eMJsgQ7VTL
AjtWd75sqAMHbbAu8CVK49r4eMJsgQ7VTL