Topic: HoboNickels - HBN - High Fast Stake - Version 2.0! More Secure, Less Intensive - page 253. (Read 478852 times)

The blocks factory shows Network Hashrate: 678.59 MH/s 

Very interesting! Net hashrate is going down (currently 270 Mh/s) and difficulty is increasing steadily (4.7). Hopefully it's not a bug (as seen in eToken for example).

I'm new to solo mining and I was curious which wallet the coins go to. Default?

Good job on the coin btw. Been becoming my favorite over the last few months.

Thanks for the tutorial

Someone big has been gathering this coin two times in the past going back into January.
And last 24 hours a sustained push upward with large buy support. It's showing up consistenly
near top of CMC % gain charts. This is good. Volume at $50-80k 24 hours.

Im in and watching daily now.

Oh and that it's a semi-rare coin with 3 million coins. Super stable older coin with no mining dumps.
No sell resistance.


etcetc..

Well the best time to take your coins out is just after they generated a successful stake block.  Knowing that it should take around 10 days for your coins to stake.  Once they did, the coin age is destroyed. Meaning that your initial deposit date is irrelevant for the next stake (no additional benefits). A new cycle is starting right after that stake.

So if you leave them one year, you would accumulate about 36, 10 days cycles @ 2% return.

I am not sure if this answers your question, and I hope it clarifies things for you. Check out the link presstab provided, you might find more useful information there.

I don't know if Cryptsy makes interest on the amount of HBN in their wallet... But one thing is sure is that you don't :p

Stake do build up overtime.  But each time you stake it splits the block in half with added interest. So a 100 HBN stake would give about two blocks of 51 and the 100HBN block would be gone. This happens over and over and the blocks get smaller and smaller. Eventually they turn to "dust" and take significant amount of resources from your cpu. So you would want to recombine blocks.  Also your wallet needs to remain open in order to stake. View this wiki page for complete details http://wiki.hobonickels.info/index.php?title=Proof_of_Stake

Double post sorry!

I added a tutorial section to the coin control wiki article. Review it and see if it makes sense. I hope to get some pictures posted to the tutorial section as well.  Also it might be a good idea to send a few small transactions to a test wallet. Maybe 5 different 1 hbn transactions.  Test the coin control features out and see if you understand the concepts.  That is what I did and it really helped.

http://wiki.hobonickels.info/index.php?title=Coin_Control#Tutorial

PM about your wallet that is not working? I'll see if I can get you set straight.

in a month or 2 i might need to sell some of my stake coin and have you guys walk me thru it so i don't mess with the blocks lol

and i will give some bounty and i am happy that this coin is moving up in price my stake now is make good money

It's like many miners are mining HBN now. Last month I can get 100 HBN every day but now just less than 30 HBN.  Sadly my mining wallet can not be recovered.

Today HBN transaction volume in http://live.myip.ms/ ranks 12th in Cryptsy! Hope such volume will be maintained everyday!

coin got crazy i have to say. im so glad iu were promoting in in last months!

In case you're looking for a smart pool have a look at hbn.smartmining.net.

short answer, no
you need to have your coins in an open unlocked wallet to stake

Your coins will stake fine at 40K.  What will happen is that when the stake occurs. you will see a balance of ~40800 HBN.  But if you look at your coins in  coin control you will see 2 new blocks of ~20400 HBN.
You shouldn't need to move those coins because these are still big chunks of coins. But over time, you will get smaller and smaller blocks. That's when your coin control will come handy.

What I do, since I've had multiple transactions of of 100-200 HBN that have staked over time, is I combine the results and send them to a new address into a bigger block.

after 2 months, a 100 HBN initial transaction will look like 64 transactions of about 1.5 HBN (plus the 2%).   I like to regroup them in larger blocks so the stake yields bigger chunks of the 2% return.

I also use the change address in that process.

Since I want blocks of 1000 HBN I use the change address for the overage of transactions.

I select the coins with coin control that have lowest confirmations that will bring me just over 1000 HBN.  let's say I have 1003.764 HBN by selecting about 50 smaller blocks.  The 3.764 HBN that I have there, I don't want it in my new block. So I use the change address to regroup all those overage and contain the smaller amounts.  The transaction fee will be taken from that overage also, witch is fine, plus if I ever need to fill a gap in a subsequent transaction, I can alway go fishing in that change address since there is only small amounts in there, so I don't really care about destroying the age of the coins and losing 2% on those, even if they are mature for stake.

I keep my more "important" block safe and good for stake.

I don't really think it's a must to have round number blocks. I think that if you regroup your 1003.764 HBN into 1 block it's just as fine.  But I like it when I see round amounts in my wallets.  that's just me 

But the important thing here is that it's good practice to keep your wallet "clean" and organized.  Check your coins with coin control maybe every 2-3 months and send all the small dust coins into a bigger chunk into a new wallet.  If I remember reading in an earlier thread, with thousands of transactions in 1 wallet, the client starts to be longer to load.  So keeping it clean helps in that matter also.

You should get used to using coin control. Or the wallet will choose the coins for you. Sometimes it will be ok, other times it may not. Having 1 huge block defeats the purpose of coin control. Better to have a few medium blocks some some can be sent, and others kept for stake.

so next time whenever i want to send a payment just enter the amount that i want to send and thats it? and do not mess with coin control but have it enabled meaning not to check and blocks?


we need tutorials lol after what i did today i will lose some stake for 10 days now

It automatically sends the blocks that have the lowest amount of confirmations. Since you probably won't have exactly 3,000 in blocks it will also split a block.

what if i want to send say 3000 hbn i have to select blocks that totals 3000?

cant it be done automatically by having the wallet select the appropriate blocks?