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Topic: 💦[RAIN]💦X11💦ONLY DL FROM GITHUB!💦20,000,000 COINS BURNED!💦condensate.co💦 - page 108. (Read 150320 times)

member
Activity: 72
Merit: 10
hero member
Activity: 714
Merit: 500
I am taking care of Nova now. Give me 10 minutes.

EDIT: Is every Exchange being DDosed? Waiting to get some more funds into Nova, put in 110 votes so far.

I thought it was only Polo...haven't noticed much of a change on any other exchanges.  Thanks for the votes Cheesy
legendary
Activity: 1672
Merit: 1046
Here we go again
sr. member
Activity: 1344
Merit: 252
member
Activity: 72
Merit: 10
I am taking care of Nova now. Give me 10 minutes.

EDIT: Is every Exchange being DDosed? Waiting to get some more funds into Nova, put in 110 votes so far.
legendary
Activity: 1134
Merit: 1000
www.cryptodesign.cc
Votet on Nova, form submitted to Yobit and PosWallet.

i agree, reward should be reduced asap.
full member
Activity: 224
Merit: 100
hero member
Activity: 714
Merit: 500
108 Million coins mined per month??? Whats the purpose of this coin if the inflation is ridiculously high? i mean it's a lose lose for anyone buying and holding this coin right?


Very important what's the inflation on this coin? How many coins are created per month? I bought some coins I want to make sure in a month or a year those coins will go up in value and not down because of inflation

Since block reward random, a little bit hard to calculate, but maybe this raw math can help

max supply = 500.000.000
total POW = 200.000

average coins per block = 2500

let assume block time 60 seconds, i can't find how much block time,
so in a day, there will be 1440 block mined = 3.600.000
in a month = 108 Mil

Please note, this is just raw math, there is much factor which affect, like nethash rate, miner lucky, etc
so the coins mined everyday maybe more or maybe less.

EDIT : with current nethash around 30 GHz - 50 GHz, i doubt we can mining much like that, maybe around 500k - 1 Mil coins per day

on suprnova the average value per block is lower than 2500, it's like 1500, and i don't know about the block time but if it's 1 minute, this is 2M per days and 60M per month not 108 millions

Well yes, and I'm expecting the hashing rates to bump significantly in the future. At current rates 2.5K per block is still a lot. Inflation is there and will surely impact the future of condensate. To avoid this, reduce the reward to 250 coins or even more, otherwise the chances are that supply will grow exponentially which is not what most of you so badly desire.

Thanks for the advice, will update the code and get a new version pushed out soon.
legendary
Activity: 1638
Merit: 1036
full member
Activity: 238
Merit: 110
108 Million coins mined per month??? Whats the purpose of this coin if the inflation is ridiculously high? i mean it's a lose lose for anyone buying and holding this coin right?


Very important what's the inflation on this coin? How many coins are created per month? I bought some coins I want to make sure in a month or a year those coins will go up in value and not down because of inflation

Since block reward random, a little bit hard to calculate, but maybe this raw math can help

max supply = 500.000.000
total POW = 200.000

average coins per block = 2500

let assume block time 60 seconds, i can't find how much block time,
so in a day, there will be 1440 block mined = 3.600.000
in a month = 108 Mil

Please note, this is just raw math, there is much factor which affect, like nethash rate, miner lucky, etc
so the coins mined everyday maybe more or maybe less.

EDIT : with current nethash around 30 GHz - 50 GHz, i doubt we can mining much like that, maybe around 500k - 1 Mil coins per day

on suprnova the average value per block is lower than 2500, it's like 1500, and i don't know about the block time but if it's 1 minute, this is 2M per days and 60M per month not 108 millions

Well yes, and I'm expecting the hashing rates to bump significantly in the future. At current rates 2.5K per block is still a lot. Inflation is there and will surely impact the future of condensate. To avoid this, reduce the reward to 250 coins or even more, otherwise the chances are that supply will grow exponentially which is not what most of you so badly desire.
member
Activity: 189
Merit: 10
Can someone tell me what pool they are using none have paid into wallet?
hero member
Activity: 714
Merit: 500
Let's get this coin added to poswallet.com

Sounds good to me!

Lets not get too greedy now though, let's focus on one at a time Smiley
member
Activity: 84
Merit: 10
Let's get this coin added to poswallet.com
full member
Activity: 143
Merit: 100
Time to get voting!

https://novaexchange.com/addcoin/





RAIN   Condensate added 2017-05-10 15:33:15

It's very good news and we can trade some coins at the novaexchange.
Go and buy some coins to get profit now. Good luck.
sr. member
Activity: 1344
Merit: 252
Voted! Wish all the best to the project Wink
hero member
Activity: 714
Merit: 500
Time to get voting!

https://novaexchange.com/addcoin/





RAIN   Condensate added 2017-05-10 15:33:15
sr. member
Activity: 406
Merit: 250
108 Million coins mined per month??? Whats the purpose of this coin if the inflation is ridiculously high? i mean it's a lose lose for anyone buying and holding this coin right?


Very important what's the inflation on this coin? How many coins are created per month? I bought some coins I want to make sure in a month or a year those coins will go up in value and not down because of inflation

Since block reward random, a little bit hard to calculate, but maybe this raw math can help

max supply = 500.000.000
total POW = 200.000

average coins per block = 2500

let assume block time 60 seconds, i can't find how much block time,
so in a day, there will be 1440 block mined = 3.600.000
in a month = 108 Mil

Please note, this is just raw math, there is much factor which affect, like nethash rate, miner lucky, etc
so the coins mined everyday maybe more or maybe less.

EDIT : with current nethash around 30 GHz - 50 GHz, i doubt we can mining much like that, maybe around 500k - 1 Mil coins per day

on suprnova the average value per block is lower than 2500, it's like 1500, and i don't know about the block time but if it's 1 minute, this is 2M per days and 60M per month not 108 millions
member
Activity: 189
Merit: 10
minertopia hasnt released funds any other pools that payout havent found one yet?
sr. member
Activity: 534
Merit: 250
Hello, Dev, the condensate will live. You're not going to get drunk there.
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