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Topic: Bitmark - page 88. (Read 622228 times)

sr. member
Activity: 266
Merit: 250
September 29, 2014, 12:07:34 PM
www.minep.it stole everyone's funds and zeroed out our accounts, they should be shut down and reported to the authorities.

that's hard to believe...

when I have had problem on lifeforce with a corrupted database that made processing impossible, I printed out a sheet with everyone's balances and then manually sent the coins to their addresses from the pools wallet: they still have your coins in their wallet - can you contact anyone there?
legendary
Activity: 2746
Merit: 1181
September 29, 2014, 12:04:14 PM
www.minep.it stole everyone's funds and zeroed out our accounts, they should be shut down and reported to the authorities.
hero member
Activity: 530
Merit: 500
September 29, 2014, 10:31:58 AM
oh okay. thank you!
legendary
Activity: 826
Merit: 1002
amarha
September 29, 2014, 10:29:26 AM
The hashrate has now dropped to 5.25 GH/s for the network but the difficulty has not dropped with the hashrate drop.  Why is that?  Is that by design?

Changes every 720 blocks.
hero member
Activity: 530
Merit: 500
September 29, 2014, 10:18:39 AM
The hashrate has now dropped to 5.25 GH/s for the network but the difficulty has not dropped with the hashrate drop.  Why is that?  Is that by design?
legendary
Activity: 826
Merit: 1002
amarha
September 29, 2014, 12:01:44 AM

just wondered because my luck is sucking big time with another coin that also has POS and I'm wondering how mnay of the blocks are going to POS holders?


You mean POW right?



no : I mean blocks that are being generated are being shared between POW and POS

Bitmark is pure PoW.
sr. member
Activity: 266
Merit: 250
September 28, 2014, 06:16:30 PM

just wondered because my luck is sucking big time with another coin that also has POS and I'm wondering how mnay of the blocks are going to POS holders?


You mean POW right?



no : I mean blocks that are being generated are being shared between POW and POS
newbie
Activity: 52
Merit: 0
September 28, 2014, 04:47:11 PM

if I have 10% of the network hash if it reasonable to assume I will get 10% of the blocks (over some time) - regardless of difficulty?


Yes, it's a fair assumption.

If during such a period 100 blocks are mined, and you hold 10% of nethash - you are most likely to find ~10 blocks.



just wondered because my luck is sucking big time with another coin that also has POS and I'm wondering how mnay of the blocks are going to POS holders?

this is their info:

Novacoin...

Code:
root@ns500637:/usr/local/bin# novacoind getmininginfo
{
    "blocks" : 126391,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : {
        "proof-of-work" : 1030.90524432,
        "proof-of-stake" : 0.96902262,
        "search-interval" : 1
    },
    "blockvalue" : 7870000,
    "netmhashps" : 2731.46471908,
    "netstakeweight" : 6571693.72838555,
    "errors" : "",
    "pooledtx" : 0,
    "stakeweight" : {
        "minimum" : 0,
        "maximum" : 0,
        "combined" : 0
    },
    "stakeinterest" : 310000,
    "testnet" : false
}
Hello, can you me help me of solo mining?

full member
Activity: 228
Merit: 100
September 28, 2014, 04:45:27 PM

just wondered because my luck is sucking big time with another coin that also has POS and I'm wondering how mnay of the blocks are going to POS holders?


You mean POW right?

sr. member
Activity: 266
Merit: 250
September 28, 2014, 04:26:15 PM

if I have 10% of the network hash if it reasonable to assume I will get 10% of the blocks (over some time) - regardless of difficulty?


Yes, it's a fair assumption.

If during such a period 100 blocks are mined, and you hold 10% of nethash - you are most likely to find ~10 blocks.



just wondered because my luck is sucking big time with another coin that also has POS and I'm wondering how mnay of the blocks are going to POS holders?

this is their info:

Novacoin...

Code:
root@ns500637:/usr/local/bin# novacoind getmininginfo
{
    "blocks" : 126391,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : {
        "proof-of-work" : 1030.90524432,
        "proof-of-stake" : 0.96902262,
        "search-interval" : 1
    },
    "blockvalue" : 7870000,
    "netmhashps" : 2731.46471908,
    "netstakeweight" : 6571693.72838555,
    "errors" : "",
    "pooledtx" : 0,
    "stakeweight" : {
        "minimum" : 0,
        "maximum" : 0,
        "combined" : 0
    },
    "stakeinterest" : 310000,
    "testnet" : false
}
full member
Activity: 247
Merit: 100
September 28, 2014, 04:23:46 PM
Hello all,




#BitMark to be added #CCEDK exchange?

w/the following pairings #BTM/BTC, #BTM/LTC, #BTM/PPC, #BTM/BTSX, #BTM/NXT + 15 #Fiat. Get an account!


Send twitter message  to confirm above if u like, and follow @CCEDK_


Yours Sincerely,

Ronny Boesing

CEO

 
CCEDK / Crypto Coins Exchange Denmark ApS

DK-9492 Blokhus

Phone office: +45 36 98 11 50

Web: www.ccedk.com

Mail: [email protected]
Twitter: https://twitter.com/CCEDK_
Facebook: https://www.facebook.com/CCEDK





Thank you for requesting our input, we appreciate that! I am sure Mark will have some questions for you regarding Communication & Security...whenever he has time later in the week.

So will we be able to purchase BTM with Fiat through your exchange?

full member
Activity: 228
Merit: 100
September 28, 2014, 04:17:06 PM

if I have 10% of the network hash if it reasonable to assume I will get 10% of the blocks (over some time) - regardless of difficulty?


Yes, it's a fair assumption.

If during such a period 100 blocks are mined, and you hold 10% of nethash - you are most likely to find ~10 blocks.

sr. member
Activity: 350
Merit: 250
September 28, 2014, 04:16:26 PM

thanks - one other question for you.

if I have 10% of the network hash if it reasonable to assume I will get 10% of the blocks (over some time) - regardless of difficulty?


Yes, you'll average 10% of the mined blocks. 
sr. member
Activity: 266
Merit: 250
September 28, 2014, 04:06:31 PM
question - in this block chain I've observed that block are not being generated at the advertised rate.

There is no such thing as an "advertised rate".

Block: 42105,Target: 69.91 GH/s, Hashrate: 9.81, 9.30, 9.27 GH/s, Performance: 20.41%
Diff: 1953.27040885, next: ~488 (confidence 47%) - Last Retarget: 56.33 hrs ago, change in 375 blocks (~61.25 hrs)

Expect to see blocks on average every 10 minutes for now, until either difficulty changes in 2-3 days, or hashrate increases back up to the target.

is there some mathematical formula that can be used to calculate the expected number of blocks that will be released in to the black chain based on current difficulty and hashrate as of last adjustment and if so - does the original specs for block times weigh into this calculation. I am working on software that needs to calculate the number of blocks that will be introduced into the blocks chain over the the forthcoming 24 hours period.

720*(average-hashrate/target-hashrate)

in the above example 720*(9.81/69.91) = 101 blocks per 24 hours

edit: http://api.bitmark.co gives you all the info you need Smiley


thanks - one other question for you.

if I have 10% of the network hash if it reasonable to assume I will get 10% of the blocks (over some time) - regardless of difficulty?
full member
Activity: 247
Merit: 100
September 28, 2014, 03:49:17 PM
Bitmark community,

we should get this coin listed in the mobile app called Coin Market App
which is launching on the 29th of this month - check em out  https://bitcointalk.org/index.php?topic=792912.20

I think we should collaborate on what links should be listed in this app.. in order to help the community find info without digging through hundreds of hours of threads.

Dev what do you think? Community?  I think this is a smart play, and I am an early investor of Bitmark.

I have emailed Project Bitmark Links to Coin Market App.
hero member
Activity: 686
Merit: 500
September 28, 2014, 11:59:53 AM
question - in this block chain I've observed that block are not being generated at the advertised rate.

There is no such thing as an "advertised rate".

Block: 42105,Target: 69.91 GH/s, Hashrate: 9.81, 9.30, 9.27 GH/s, Performance: 20.41%
Diff: 1953.27040885, next: ~488 (confidence 47%) - Last Retarget: 56.33 hrs ago, change in 375 blocks (~61.25 hrs)

Expect to see blocks on average every 10 minutes for now, until either difficulty changes in 2-3 days, or hashrate increases back up to the target.

is there some mathematical formula that can be used to calculate the expected number of blocks that will be released in to the black chain based on current difficulty and hashrate as of last adjustment and if so - does the original specs for block times weigh into this calculation. I am working on software that needs to calculate the number of blocks that will be introduced into the blocks chain over the the forthcoming 24 hours period.

720*(average-hashrate/target-hashrate)

in the above example 720*(9.81/69.91) = 101 blocks per 24 hours

edit: http://api.bitmark.co gives you all the info you need Smiley

or:
current block/720=y.xx
y.xx-(y+1)=z
z*720=# (number of blocks until change)
#*block solving time = time until change

Meaning currently:
Code:
Est. Avg. Time per Round (Network) 	1085.48 seconds
Next Network Block                 43582    (Current: 43581)

43581/720=60.5291667
60.5291667-61=(-)0.47083333
0.4708333*720=339 blocks until change
339*1085.48=367977.72 seconds (102.2 hours, or 4.26 days)
sr. member
Activity: 294
Merit: 250
Bitmark Developer
September 28, 2014, 11:42:11 AM
question - in this block chain I've observed that block are not being generated at the advertised rate.

There is no such thing as an "advertised rate".

Block: 42105,Target: 69.91 GH/s, Hashrate: 9.81, 9.30, 9.27 GH/s, Performance: 20.41%
Diff: 1953.27040885, next: ~488 (confidence 47%) - Last Retarget: 56.33 hrs ago, change in 375 blocks (~61.25 hrs)

Expect to see blocks on average every 10 minutes for now, until either difficulty changes in 2-3 days, or hashrate increases back up to the target.

is there some mathematical formula that can be used to calculate the expected number of blocks that will be released in to the black chain based on current difficulty and hashrate as of last adjustment and if so - does the original specs for block times weigh into this calculation. I am working on software that needs to calculate the number of blocks that will be introduced into the blocks chain over the the forthcoming 24 hours period.

720*(average-hashrate/target-hashrate)

in the above example 720*(9.81/69.91) = 101 blocks per 24 hours

edit: http://api.bitmark.co gives you all the info you need Smiley
sr. member
Activity: 266
Merit: 250
September 28, 2014, 11:15:03 AM
question - in this block chain I've observed that block are not being generated at the advertised rate.

There is no such thing as an "advertised rate".

Block: 42105,Target: 69.91 GH/s, Hashrate: 9.81, 9.30, 9.27 GH/s, Performance: 20.41%
Diff: 1953.27040885, next: ~488 (confidence 47%) - Last Retarget: 56.33 hrs ago, change in 375 blocks (~61.25 hrs)

Expect to see blocks on average every 10 minutes for now, until either difficulty changes in 2-3 days, or hashrate increases back up to the target.

is there some mathematical formula that can be used to calculate the expected number of blocks that will be released in to the black chain based on current difficulty and hashrate as of last adjustment and if so - does the original specs for block times weigh into this calculation. I am working on software that needs to calculate the number of blocks that will be introduced into the blocks chain over the the forthcoming 24 hours period.
sr. member
Activity: 294
Merit: 250
Bitmark Developer
September 28, 2014, 09:44:44 AM
I'd like to thank megaman84 for making a generous donation to the Bitmark development effort:

https://blockchain.info/tx/d883dd98aac5a0c7704281996f16dc82d1fb1c2a126e6af818e1196ba70d29b6


Thank you megaman84, such kindness is gratefully received.

EsteNuno, thank you for letting me know.

Smiley
legendary
Activity: 826
Merit: 1002
amarha
September 28, 2014, 09:10:57 AM
I'd like to thank megaman84 for making a generous donation to the Bitmark development effort:

https://blockchain.info/tx/d883dd98aac5a0c7704281996f16dc82d1fb1c2a126e6af818e1196ba70d29b6

Anyone who would like to show their support as well can donate via the following ways:

BTC:

1KsbYk2rMvwg456PyPmLuEgERPwyuxtGRL

BTM(Mark Pfennig/coinsolidation's personal address):

bTcCTUjkBCD5mvVsWquJTvGTv2xxiDaLzt

Bitmark Foundation(funds locked for one year, 5000 BTM goal):

bQmnzVS5M4bBdZqBTuHrjnzxHS6oSUz6cG

Thanks to everyone for their continued support of the project. Smiley
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