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Topic: ♘♕♔SWING♚ ♛♞ ▬▬▬▬●Programmatically Fluctuating Miners Cost!●▬▬▬▬ Now On Bittrex! - page 39. (Read 119520 times)

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/644623096507465728Grin

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
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.
newbie
Activity: 51
Merit: 0
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.





hero member
Activity: 784
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
legendary
Activity: 1120
Merit: 1001
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 Smiley
legendary
Activity: 952
Merit: 1000
legendary
Activity: 952
Merit: 1000
legendary
Activity: 952
Merit: 1000
Lets grow the hash rate 10 th/s is pretty good.  Block reward is 3+ right now.


hero member
Activity: 938
Merit: 1002
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.
legendary
Activity: 952
Merit: 1000
hero member
Activity: 896
Merit: 504
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 Tongue I picked up a a nice amount of SWING.
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.
hero member
Activity: 938
Merit: 1002
legendary
Activity: 1190
Merit: 1000
Kaspa
full member
Activity: 181
Merit: 100
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