We released version 0.18.1 of Bitflate Core.
https://bitflate.org/post/2019/08/11/bitflate-binaries-v0.18.1.html
Topic: Bitflate (crypto with inflation) Mining - page 4. (Read 1749 times)
I just saw this gif animation on twitter.
https://twitter.com/in3rsha/status/1159081365528358913
Bitcoin doesn't have new miners on board until block 130k. We have 2 miners already at 12k block.
https://twitter.com/in3rsha/status/1159081365528358913
Bitcoin doesn't have new miners on board until block 130k. We have 2 miners already at 12k block.
So far, there're 2 people mining Bitflate. I have 61.38% of the supply. The other person whom I don't know has 38.62%. We're at 639k coins. In our first year, we're supposed to reach 10 million coins. So we're still very far off. I do not want to own more coins. I will keep my miner down once there are more people mining. The coin uses the same Proof of Work consensus as bitcoin. I expect coin ownership to spread out when more miners come.
The chain inflates its supply after 4 years. So eventually, my bag will devalue. My long term goal is to create software services around the chain.
https://bitflate.org/
The chain inflates its supply after 4 years. So eventually, my bag will devalue. My long term goal is to create software services around the chain.
https://bitflate.org/
So, in date of 19/07 you've mined 6000 blocks, right ?
Now chain is at block 127xx, so you have 50% of the coins, and probably more if you have continued mining ...
Now chain is at block 127xx, so you have 50% of the coins, and probably more if you have continued mining ...
Update: Current block height: 6399. I designed a reward system to give more coins to early adopters.
You can buy GekkoScience NewPac miner from 419mining.com. All mining equipments cost under $100. Come mine Bitflate coin!
Mining guide: https://bitflate.github.io/post/2019/07/21/bitflate-solo-mining-with-gekkoscience-newpac-usb.html
You can buy GekkoScience NewPac miner from 419mining.com. All mining equipments cost under $100. Come mine Bitflate coin!
Mining guide: https://bitflate.github.io/post/2019/07/21/bitflate-solo-mining-with-gekkoscience-newpac-usb.html
I posted a guide to simple mining setup for Bitflate, a cryptocurrency with inflation.
https://bitflate.github.io/post/2019/07/21/bitflate-solo-mining-with-gekkoscience-newpac-usb.html
If you need a pool for mining, you can use mining-dutch or cminors pools. See mining pool instructions below:
https://www.mining-dutch.nl/
https://bitflate.cminors-pool.com/
Come mine this coin. The coin supply starts to inflate after 4 years. But it rewards early adopters with more coins.
First 10 halvings' rewards:
0: 50
1: 25
2: 12.5
3: 6.25 (end of halving)
4: 6.65 (start of inflation 7%)
5: 7.02
6: 7.51
7: 8.04
8: 8.60
9: 9.20
10: 9.85
Block explorer: https://explorer.bitflate.org
https://bitflate.github.io/post/2019/07/21/bitflate-solo-mining-with-gekkoscience-newpac-usb.html
If you need a pool for mining, you can use mining-dutch or cminors pools. See mining pool instructions below:
https://www.mining-dutch.nl/
https://bitflate.cminors-pool.com/
Come mine this coin. The coin supply starts to inflate after 4 years. But it rewards early adopters with more coins.
First 10 halvings' rewards:
0: 50
1: 25
2: 12.5
3: 6.25 (end of halving)
4: 6.65 (start of inflation 7%)
5: 7.02
6: 7.51
7: 8.04
8: 8.60
9: 9.20
10: 9.85
Block explorer: https://explorer.bitflate.org
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