♘♕♔SWING♚ ♛♞ ▬▬▬▬●Programmatically Fluctuating Miners Cost!●▬▬▬▬ Now On Bittrex! - page 39.

WigitGetIt

legendary

Activity: 952

Merit: 1000

I think SWING is growing slowly, but steadily. Thanks for dropping a comment shapetwist. Grin

I was hoping I could get some retweets from folks on this https://twitter.com/wigitgetit/status/644623096507465728. Grin

Don't forget we have an IRC channel https://kiwiirc.com/client/irc.kiwiirc.com/#swingcoin. I see if we can get a bot. Maybe one that shows the mining stats and maybe the PoS stats? Grin

shapetwist

hero member

Activity: 504

Merit: 502

So here we are, with a good coin that has zero market interest.

Why a good coin? Swinging rewards have never been done before. Why is that good? I believe it's a good way to reinstate fairness into the game. Yet, miners are greedy or unaware of cost vs market profit, and stakers will keep staking because the rewards are way too good.

Keep in mind that mining costs will always vary over time. This is some serious shit.

It will bring miners into swing mode, if they want their mining to pay off. They will have to adapt to the inherited swinging nature of block rewards, which is a step up in the game. They will have to be smart over their selling, and pick it up again at the smartest time.

This is why there is no market at the moment. This is new. They don't know how to handle it. They haven't yet figured out the waves. And the lurkers haven't realized the potential in this.

Time will come, either naturally, or we might need to put up some explanations/guides.

HashStatz

newbie

Activity: 51

Merit: 0

Quote from: NoobKidOnTheBlock on September 17, 2015, 10:04:26 AM

So if I'm to understand the OP correctly this coin has variable POS and POW depending on what block number it is when the reward is received? If that is truly the case that's kind of a pretty neat concept for this coin for sure Cheesy

I'm liking it so far Wink

The POS block reward is based on the last 3 digits of the block number. Example, the block reward for block 16268 would be 2.68

The POW block reward is based on the POS reward with a multiplier of between 0.10 to 1. This multiplier is based on a 10000 block cycle.

More information and a nice graphic depicting the Swing block reward cycle can be found in the OP.

NoobKidOnTheBlock

hero member

Activity: 770

Merit: 500

FLY DONATION ADDRESS IN SIGNATURE

So if I'm to understand the OP correctly this coin has variable POS and POW depending on what block number it is when the reward is received? If that is truly the case that's kind of a pretty neat concept for this coin for sure Cheesy

I'm liking it so far Wink

rudolfaxl

legendary

Activity: 1372

Merit: 1001

Quote from: WigitGetIt on September 16, 2015, 11:24:01 PM

28.21 th/s Very Nice!! Grin

wowwwww

xinzark

legendary

Activity: 1120

Merit: 1001

Quote from: WigitGetIt on September 16, 2015, 09:33:01 PM

Lets grow the hash rate 10 th/s is pretty good. Block reward is 3+ right now.

I think soon you will become the richest swinger

WigitGetIt

legendary

Activity: 952

Merit: 1000

Good Morning Everyone.

WigitGetIt

legendary

Activity: 952

Merit: 1000

28.21 th/s Very Nice!! Grin

WigitGetIt

legendary

Activity: 952

Merit: 1000

Lets grow the hash rate 10 th/s is pretty good. Block reward is 3+ right now.

WigitGetIt

legendary

Activity: 952

Merit: 1000

Quote from: Woody20285 on September 16, 2015, 08:20:25 PM

Quote from: WigitGetIt on September 16, 2015, 08:15:15 PM

If you reddit please comment and up vote. Please tweet out if you do the twitter thingy.

https://www.reddit.com/r/CryptoCurrency/comments/3l8mjs/swing_programmatically_fluctuating_miners_cost/?ref=share&ref_source=link

Please retweet this https://twitter.com/wigitgetit/status/644299092420485120

Done - re-tweeted!

Thanks Woody20285 Grin

Woody20285

legendary

Activity: 1218

Merit: 1002

Supporting DMD, ERC & PIO

Quote from: WigitGetIt on September 16, 2015, 08:15:15 PM

If you reddit please comment and up vote. Please tweet out if you do the twitter thingy.

https://www.reddit.com/r/CryptoCurrency/comments/3l8mjs/swing_programmatically_fluctuating_miners_cost/?ref=share&ref_source=link

Please retweet this https://twitter.com/wigitgetit/status/644299092420485120

Done - re-tweeted!

WigitGetIt

legendary

Activity: 952

Merit: 1000

If you reddit please comment and up vote. Please tweet out if you do the twitter thingy.

https://www.reddit.com/r/CryptoCurrency/comments/3l8mjs/swing_programmatically_fluctuating_miners_cost/?ref=share&ref_source=link

Please retweet this https://twitter.com/wigitgetit/status/644299092420485120

murderouskirk

hero member

Activity: 938

Merit: 1002

Quote from: WigitGetIt on September 16, 2015, 12:55:59 PM

If you IRC here is the official channel #swingcoin Thats what the channel header says anyway.

https://kiwiirc.com/client/irc.kiwiirc.com/#swingcoin

Please retweet: https://twitter.com/wigitgetit/status/644215377510035456

Yup that's it. It's also connected to crypto community's #Swing channel so you can use either.

WigitGetIt

legendary

Activity: 952

Merit: 1000

If you IRC here is the official channel #swingcoin Thats what the channel header says anyway.

https://kiwiirc.com/client/irc.kiwiirc.com/#swingcoin

Please retweet: https://twitter.com/wigitgetit/status/644215377510035456

BluRPie

hero member

Activity: 896

Merit: 504

Quote from: WigitGetIt on September 16, 2015, 08:01:36 AM

I sure hated to miss out on the larger block rewards last night, but I had to rest the miners. I think the rewards were at 2+ $SWING. I'll be back mining tonight for sure. Grin

Too bad

I picked up a a nice amount of SWING.

WigitGetIt

legendary

Activity: 952

Merit: 1000

I sure hated to miss out on the larger block rewards last night, but I had to rest the miners. I think the rewards were at 2+ $SWING. I'll be back mining tonight for sure. Grin

Don't forget you can trade at Yobit https://yobit.net/en/trade/SWING/BTC. Once we can get the volume up, we can harass the other exchanges to add us.

murderouskirk

hero member

Activity: 938

Merit: 1002

Quote from: fonzerrellie on September 16, 2015, 03:03:48 AM

nice job on the website Cool

lol thanks looks familiar eh?

fonzerrellie

legendary

Activity: 1190

Merit: 1000

Kaspa

nice job on the website Cool

WigitGetIt

legendary

Activity: 952

Merit: 1000

Please retweet. Grin

https://twitter.com/wigitgetit/status/643971234728808448

device

full member

Activity: 181

Merit: 100

http://tryswing.com/

Its ♘♕♔SWINGING♚ ♛♞ beautifully Grin

Topic: ♘♕♔SWING♚ ♛♞ ▬▬▬▬●Programmatically Fluctuating Miners Cost!●▬▬▬▬ Now On Bittrex! - page 39. (Read 119365 times)