Bitmark - page 120. | Bitcointalksearch.org

Este Nuno

legendary

Activity: 826

Merit: 1002

amarha

Quote from: neleonele on August 10, 2014, 07:37:16 AM

Quote from: johndec2 on August 10, 2014, 04:57:37 AM

Perhaps not so nice. It's a multipool. I notice the pool is paying out on around 120 confirms. Brave move by the pool op. And how long BTM stays at 124% of LTC is debatable when the multipool dumps. A multipool is not like us, taking a long term view. They'll dump ASAP, whatever the price.

Quote from: Este Nuno on August 10, 2014, 01:21:30 AM

Quote from: ?? on ??

Coin added to mining pool hash-to-coins.com

Another pool, nice.

And I can see that according to the stats there mining BTM is 24% more profitable than LTC and pretty much the most profitable coin to mine out of all those scrypt coins! The only one high is FRK which sounds like Franko and I don't know if that's still active or not.

this thing with multipool not so nice....

It's on BTM now and it's around 340 MH. Nothing that's going to cause any problems from what I can tell.

neleonele

sr. member

Activity: 392

Merit: 250

member of GameCredits Dev team

Quote from: johndec2 on August 10, 2014, 04:57:37 AM

Perhaps not so nice. It's a multipool. I notice the pool is paying out on around 120 confirms. Brave move by the pool op. And how long BTM stays at 124% of LTC is debatable when the multipool dumps. A multipool is not like us, taking a long term view. They'll dump ASAP, whatever the price.

Quote from: Este Nuno on August 10, 2014, 01:21:30 AM

Quote from: ?? on ??

Coin added to mining pool hash-to-coins.com

Another pool, nice.

And I can see that according to the stats there mining BTM is 24% more profitable than LTC and pretty much the most profitable coin to mine out of all those scrypt coins! The only one high is FRK which sounds like Franko and I don't know if that's still active or not.

this thing with multipool not so nice....

tdokta

full member

Activity: 159

Merit: 100

yup. was looking at that too. BTM has 721 confirms, how can it be paying out at 120?

Quote from: johndec2 on August 10, 2014, 04:57:37 AM

Perhaps not so nice. It's a multipool. I notice the pool is paying out on around 120 confirms. Brave move by the pool op. And how long BTM stays at 124% of LTC is debatable when the multipool dumps. A multipool is not like us, taking a long term view. They'll dump ASAP, whatever the price.

Quote from: Este Nuno on August 10, 2014, 01:21:30 AM

Quote from: ?? on ??

Coin added to mining pool hash-to-coins.com

Another pool, nice.

And I can see that according to the stats there mining BTM is 24% more profitable than LTC and pretty much the most profitable coin to mine out of all those scrypt coins! The only one high is FRK which sounds like Franko and I don't know if that's still active or not.

johndec2

sr. member

Activity: 350

Merit: 250

Perhaps not so nice. It's a multipool. I notice the pool is paying out on around 120 confirms. Brave move by the pool op. And how long BTM stays at 124% of LTC is debatable when the multipool dumps. A multipool is not like us, taking a long term view. They'll dump ASAP, whatever the price.

Quote from: Este Nuno on August 10, 2014, 01:21:30 AM

Quote from: ?? on ??

Coin added to mining pool hash-to-coins.com

Another pool, nice.

And I can see that according to the stats there mining BTM is 24% more profitable than LTC and pretty much the most profitable coin to mine out of all those scrypt coins! The only one high is FRK which sounds like Franko and I don't know if that's still active or not.

Este Nuno

legendary

Activity: 826

Merit: 1002

amarha

Quote from: ?? on ??

Coin added to mining pool hash-to-coins.com

Another pool, nice.

And I can see that according to the stats there mining BTM is 24% more profitable than LTC and pretty much the most profitable coin to mine out of all those scrypt coins! The only one high is FRK which sounds like Franko and I don't know if that's still active or not.

tdokta

full member

Activity: 159

Merit: 100

Quote from: coinsolidation on August 09, 2014, 11:53:08 AM

Major Update

We have produced a third iteration of the bitmark branding, a combined stateful logo, iconset and prototype marking button.

Please view the Bitmark Version3 Concept for full details.

You can find more details of Project Bitmark on the wiki together with an expanded concept document which discusses all aspects of Marking.

Thank You.

Great Stuff. the logos look really good, have a lot of integration for the future by the look so things.

i can see the usefulness and have a plan to get it into a site that is being built at the moment. i have just sent the links through to the site developer that i work with, we have been looking for a credit system and button for setting up a buy now and reserve now system for buy/sell and local information site.

keen to work further with bitmark on this project, as i think we can integrate this mainstream fairly easily, through website membership and bitmark wallet integration. thanks

coinsolidation

sr. member

Activity: 294

Merit: 250

Bitmark Developer

Quote from: Este Nuno on August 09, 2014, 02:42:15 PM

Perhaps add a shorter delay when restarting the counter on the giving button to make it more responsive?

This is a good idea, several people have also corroborated your earlier comments in regard to speeding up donation amounts.

I would like to clarify - in case it is unclear - that the conceptual logo's are proposed to be adopted.

The buttons however are for illustrative purposes, to begin to convey the simplicity of the concept of marking. The implementation and user experience of many such buttons will be an ongoing focus of Project Bitmark, as they form a modular abstraction layer which hides the extensible uniformity behind, allowing Bitmark to be integrated everywhere.

Our goal quite simply, is to have ubiquitous adoption. Not some adoption, ubiquitous adoption, and enjoy the process of getting there.

megashira1

legendary

Activity: 1146

Merit: 1000

cool coin.

Este Nuno

legendary

Activity: 826

Merit: 1002

amarha

Perhaps add a shorter delay when restarting the counter on the giving button to make it more responsive?

82ndabnmedic

full member

Activity: 247

Merit: 100

It is great to see how far Bitmark has come in the past month.

Having established Bitmark, as a reasonably stable currency platform and true alternative currency to fiat, The Bitmark Project Team moves forward with the development and implementation of an innovative ‘Marking’ initiative that strives to create a scalable and massively viral reputation backed monetary system. This marking system shall increase the fluidity of money via off chain micro-transactions between individuals, based on the value of their everyday activities and interactions.

Quote from: Este Nuno on July 31, 2014, 11:39:50 AM

Quote from: 82ndabnmedic on July 31, 2014, 11:11:41 AM

We have one issue:

Mark (coinsolidation) has put all his time and effort into the creation of Bitmark - Bitmark.co & GetMarked.org. Yet, the Project Requires additional, Funding

...There are some new people in the community now and there will be even more shortly. So I wanted to make sure everyone is clear that this is a donation driven project that intends to have a fully sustained Bitmark Foundation with multiple developers one year from now. In the mean time to get us to that point anyone that is interested in seeing Bitmark become what we all want it to become, I'd ask you to consider supporting the development effort. Which right now is just Mark doing it all single handedly, full time, with a family.

Here is the funding BTC address: 18rai2ichzUfXG6PVmUQLNPqBjtctnVRAD (or better yet check it on the first page of this post since you shouldn't trust someone else posting a BTC address on behalf of someone else Wink

)

popolite11

sr. member

Activity: 882

Merit: 250

Quote from: statdude on August 06, 2014, 01:19:38 PM

Quote from: coinsolidation on August 05, 2014, 06:09:34 PM

Proposal to establish a user 'price' for every day usage in transactions:

Code:

User Price = (5 Day Average Production Cost + 3 Day Average Market Price) / 2

I am thinking about providing a simple data api on bitmark.co which lists production cost and price tag averages for different periods of time, with the above as a proposed default for users and businesses.

What do you all think about this?

_{checkpoints updated at block 17500}

Nice idea for merchant adoption.

I'm in favor.

I too love the idea of merchant adoption.

coinsolidation

sr. member

Activity: 294

Merit: 250

Bitmark Developer

Thank you.

We have just added a second example button to clarify usage. link

coinsolidation

sr. member

Activity: 294

Merit: 250

Bitmark Developer

Major Update

We have produced a third iteration of the bitmark branding, a combined stateful logo, iconset and prototype marking button.

Please view the Bitmark Version3 Concept for full details.

You can find more details of Project Bitmark on the wiki together with an expanded concept document which discusses all aspects of Marking.

Thank You.

deepcoreotc

sr. member

Activity: 350

Merit: 250

Quote from: coinsolidation on August 06, 2014, 02:48:04 PM

Quote from: statdude on August 06, 2014, 02:42:40 PM

Easy, why not just feed in the cost from NiceHash to rent?

Massive fluctuation when new scrypt coins launch? Do you feel it is a good representative value?

It is a good idea to feed it in, perhaps we could take the average cost over different leasing providers, and also for some common and new rigs, then average it out?

Quote from: deepcoreotc on August 04, 2014, 02:22:04 AM

FOR

http://bit.ly/jaysjerky

SUPPORT YOUR BITMARK MERCHANT TODAY. GRAB AN AWESOME BAG OF JERKY!!!

Good to see you present again deepcoreotc, has anybody bought jerky with BTM yet?

another discussion topic I was thinking about invoices, I saw a QR code on a bill last week...

yeah, sry I have not been a bit more involved, have been crazy busy. To answer your question, no Bitmark order as of yet. Sad

Androidicus

sr. member

Activity: 339

Merit: 250

Quote from: coinsolidation on August 06, 2014, 03:06:32 PM

Quote from: statdude on August 06, 2014, 02:56:41 PM

Quote from: coinsolidation on August 06, 2014, 02:48:04 PM

Quote from: statdude on August 06, 2014, 02:42:40 PM

Easy, why not just feed in the cost from NiceHash to rent?

Massive fluctuation when new scrypt coins launch? Do you feel it is a good representative value?

It is a good idea to feed it in, perhaps we could take the average cost over different leasing providers, and also for some common and new rigs, then average it out?

Yeah, I think it's solid. Spikes won't be more than a few hours with how short mining is on some of those coins.

However, I agree if you could feed in another source:

LeaseRig.net has a ticker and is closer to your value:

Avg. For Last 20 rentals: 0.00103203 BTC/MH/day

Also:
www.miningrigrentals.com
scryptery.com

Another way would be to determine the cost based on power rate at 0.082 + average hardware cost for that hash rate, averaged over X months (not sure what would be appropriate).

Nice response!

If somebody would like to buy a domain and host it, say 'miningcosts.com' or something, I would be happy to make the foundation of a website where people could view and add their hashing costs for each algorithm. It would be interesting to see, and also useful data.

Production cost is very important, if a currency strays too far above it too quickly we know what happens, it also stops people paying over the odds in 'pump and dumps'.

For Bitmark, it would improve the quality of data we receive and give, in this instance to miners/traders/investors, and most pertinently the original question, how to provide a fair average price for businesses/users/services to use on a daily basis. This one

Code:

User Price = (5 Day Average Production Cost + 3 Day Average Market Price) / 2

another discussion topic I was thinking about invoices, I saw a QR code on a bill last week...

I can hang the sub domain 'miningcosts' on one of my domains if this will help? No cost option!

coinsolidation

sr. member

Activity: 294

Merit: 250

Bitmark Developer

Quote from: statdude on August 06, 2014, 02:56:41 PM

Quote from: coinsolidation on August 06, 2014, 02:48:04 PM

Quote from: statdude on August 06, 2014, 02:42:40 PM

Easy, why not just feed in the cost from NiceHash to rent?

Massive fluctuation when new scrypt coins launch? Do you feel it is a good representative value?

It is a good idea to feed it in, perhaps we could take the average cost over different leasing providers, and also for some common and new rigs, then average it out?

Yeah, I think it's solid. Spikes won't be more than a few hours with how short mining is on some of those coins.

However, I agree if you could feed in another source:

LeaseRig.net has a ticker and is closer to your value:

Avg. For Last 20 rentals: 0.00103203 BTC/MH/day

Also:
www.miningrigrentals.com
scryptery.com

Another way would be to determine the cost based on power rate at 0.082 + average hardware cost for that hash rate, averaged over X months (not sure what would be appropriate).

Nice response!

If somebody would like to buy a domain and host it, say 'miningcosts.com' or something, I would be happy to make the foundation of a website where people could view and add their hashing costs for each algorithm. It would be interesting to see, and also useful data.

Production cost is very important, if a currency strays too far above it too quickly we know what happens, it also stops people paying over the odds in 'pump and dumps'.

For Bitmark, it would improve the quality of data we receive and give, in this instance to miners/traders/investors, and most pertinently the original question, how to provide a fair average price for businesses/users/services to use on a daily basis. This one

Code:

User Price = (5 Day Average Production Cost + 3 Day Average Market Price) / 2

another discussion topic I was thinking about invoices, I saw a QR code on a bill last week...

DannyElfman

sr. member

Activity: 406

Merit: 250

Will watch this carefully. Looks definately promising!

statdude

legendary

Activity: 1498

Merit: 1000

Quote from: coinsolidation on August 06, 2014, 02:48:04 PM

Quote from: statdude on August 06, 2014, 02:42:40 PM

Easy, why not just feed in the cost from NiceHash to rent?

Massive fluctuation when new scrypt coins launch? Do you feel it is a good representative value?

It is a good idea to feed it in, perhaps we could take the average cost over different leasing providers, and also for some common and new rigs, then average it out?

Yeah, I think it's solid. Spikes won't be more than a few hours with how short mining is on some of those coins.

However, I agree if you could feed in another source:

LeaseRig.net has a ticker and is closer to your value:

Avg. For Last 20 rentals: 0.00103203 BTC/MH/day

Also:
www.miningrigrentals.com
scryptery.com

Another way would be to determine the cost based on power rate at 0.082 + average hardware cost for that hash rate, averaged over X months (not sure what would be appropriate).

Nice response!

coinsolidation

sr. member

Activity: 294

Merit: 250

Bitmark Developer

Quote from: statdude on August 06, 2014, 02:42:40 PM

Easy, why not just feed in the cost from NiceHash to rent?

Massive fluctuation when new scrypt coins launch? Do you feel it is a good representative value?

It is a good idea to feed it in, perhaps we could take the average cost over different leasing providers, and also for some common and new rigs, then average it out?

Quote from: deepcoreotc on August 06, 2014, 02:45:25 PM

http://bit.ly/jaysjerky

SUPPORT YOUR BITMARK MERCHANT TODAY. GRAB AN AWESOME BAG OF JERKY!!!

Good to see you present again deepcoreotc, has anybody bought jerky with BTM yet?

another discussion topic I was thinking about invoices, I saw a QR code on a bill last week...

deepcoreotc

sr. member

Activity: 350

Merit: 250

Quote from: deepcoreotc on August 04, 2014, 02:22:04 AM

FOR

http://bit.ly/jaysjerky

SUPPORT YOUR BITMARK MERCHANT TODAY. GRAB AN AWESOME BAG OF JERKY!!!

Topic: Bitmark - page 120. (Read 622228 times)