★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 564.

Matni

full member

Activity: 126

Merit: 100

Quote from: bumblebee33 on March 21, 2014, 12:12:01 PM

Quote from: Matni on March 21, 2014, 12:09:01 PM

Quote from: bumblebee33 on March 21, 2014, 11:48:52 AM

Quote from: BeholdTheTrueWake on March 21, 2014, 11:46:12 AM

ok then disregard lol Grin

I just saw it as counterproductive right now is all.

I just wanted to show him, that his calculations are off by more than 50%. By the way, I am fast approaching my 140 Million... Which means, because I did not sell/transfer to an exchange at all, that I will be minting in the next 20 days around 2 Million ZEIT.

Happy Weekend!!!

140 million... Just how much hash power do you have??

I mined from the beginning but I bought for 2 BTC as well.

Ahh BTC purchase, wish I could have done some of that. I've been mining from day one too and so far got 12.5 million in my wallet, I really need more power!

Rikkie7

member

Activity: 98

Merit: 10

1,3 percent POS every 20 days. This is just superb. It looks like it works better than mintcoin (I mined that before Zeit), but I'm not sure if that is possible (as they probably have the same codebase).
Anyhow seeing the POS coming in is great.

bumblebee33

full member

Activity: 168

Merit: 100

Quote from: Matni on March 21, 2014, 12:09:01 PM

Quote from: bumblebee33 on March 21, 2014, 11:48:52 AM

Quote from: BeholdTheTrueWake on March 21, 2014, 11:46:12 AM

ok then disregard lol Grin

I just saw it as counterproductive right now is all.

I just wanted to show him, that his calculations are off by more than 50%. By the way, I am fast approaching my 140 Million... Which means, because I did not sell/transfer to an exchange at all, that I will be minting in the next 20 days around 2 Million ZEIT.

Happy Weekend!!!

140 million... Just how much hash power do you have??

I mined from the beginning but I bought for 2 BTC as well.

I am mining right now 2.4 Million per 24 hours with my 5.5 MH/s rigs. I estimate I mined up to now around 40 Million, the rest I bought.

Matni

full member

Activity: 126

Merit: 100

Quote from: bumblebee33 on March 21, 2014, 11:48:52 AM

Quote from: BeholdTheTrueWake on March 21, 2014, 11:46:12 AM

ok then disregard lol Grin

I just saw it as counterproductive right now is all.

I just wanted to show him, that his calculations are off by more than 50%. By the way, I am fast approaching my 140 Million... Which means, because I did not sell/transfer to an exchange at all, that I will be minting in the next 20 days around 2 Million ZEIT.

Happy Weekend!!!

140 million... Just how much hash power do you have??

bumblebee33

full member

Activity: 168

Merit: 100

Quote from: BeholdTheTrueWake on March 21, 2014, 11:46:12 AM

ok then disregard lol Grin

I just saw it as counterproductive right now is all.

I just wanted to show him, that his calculations are off by more than 50%. By the way, I am fast approaching my 140 Million... Which means, because I did not sell/transfer to an exchange at all, that I will be minting in the next 20 days around 2 Million ZEIT.

Happy Weekend!!!

BeholdTheTrueWake

member

Activity: 70

Merit: 10

ok then disregard lol Grin

I just saw it as counterproductive right now is all.

bumblebee33

full member

Activity: 168

Merit: 100

Quote from: BeholdTheTrueWake on March 21, 2014, 11:38:50 AM

Quote

Whereas mining ZEIT and selling it at 2 satoshi gives me $32...

(slaps forehead)
to each his own.

I am not selling - this was an example for Mr. LionOfNarnia for which coin is more profitable at the moment. I have not sold any of my ZEIT.

BeholdTheTrueWake

member

Activity: 70

Merit: 10

Quote

Whereas mining ZEIT and selling it at 2 satoshi gives me $32...

(slaps forehead)
to each his own.

bumblebee33

full member

Activity: 168

Merit: 100

@LionOfNarnia,

before you belittle me with your "SIMPLES" and giving everybody advice on this subject for the last 2 days, check your facts please.

And by the way, I am mining on Hashstrike. It has about 30% better payout for me than on Dedicated.

bumblebee33

full member

Activity: 168

Merit: 100

Quote from: LionOfNarnia on March 21, 2014, 11:33:12 AM

Quote from: maxinz on March 21, 2014, 11:02:08 AM

Quote from: LionOfNarnia on March 21, 2014, 10:43:07 AM

Quote from: bumblebee33 on March 21, 2014, 10:21:09 AM

Quote from: LionOfNarnia on March 21, 2014, 09:12:59 AM

Quote from: BiffyMcBifferstein on March 21, 2014, 09:01:46 AM

I have no idea why you all look for various ways to mine other coins and then buy ZEIT.

no hassle of mining something else/new, and transferring and converting it into ZEIT.

Because a) you get more Zeit for your hashpower by mining something else & b) you are helping the market by buying (increasing the demand) rather than mining (increasing the supply)

SIMPLES!

You probably were on a very unlucky pool or solo...
Until the last two days you clearly could make much more Zeit by mining it instead of mining doge or pretty much anything else and then converting it to btc and buying zeit.

No cigar!

I was on either Dedicated or YourMine, both have decent stats.

It was only 2 days ago that I switched.

For a day I made about 56% more by mining Doge, now that's on a dip so I started VertCoin at Lunchtime & I'm gonna give BlitzCoin a shot on Monday nite.

Pssst... Don't tell them because they seem to know better...

The difficulty was so low (up to around 5) that you made tons of ZEIT by mining in a good pool.

So to make it even "SIMPLER" for you:

With my hashpower mining Doge gives me about $13.50 per day.
Whereas mining ZEIT and selling it at 2 satoshi gives me $32...

Hmmm, I wonder which is the better deal?Huh?

SIMPLES as you said!!!

LionOfNarnia

hero member

Activity: 938

Merit: 1000

Crypto-missionary to the Kingdom of Rhegged

Quote from: maxinz on March 21, 2014, 11:02:08 AM

Quote from: LionOfNarnia on March 21, 2014, 10:43:07 AM

Quote from: bumblebee33 on March 21, 2014, 10:21:09 AM

Quote from: LionOfNarnia on March 21, 2014, 09:12:59 AM

Quote from: BiffyMcBifferstein on March 21, 2014, 09:01:46 AM

I have no idea why you all look for various ways to mine other coins and then buy ZEIT.

no hassle of mining something else/new, and transferring and converting it into ZEIT.

Because a) you get more Zeit for your hashpower by mining something else & b) you are helping the market by buying (increasing the demand) rather than mining (increasing the supply)

SIMPLES!

You probably were on a very unlucky pool or solo...
Until the last two days you clearly could make much more Zeit by mining it instead of mining doge or pretty much anything else and then converting it to btc and buying zeit.

No cigar!

I was on either Dedicated or YourMine, both have decent stats.

It was only 2 days ago that I switched.

For a day I made about 56% more by mining Doge, now that's on a dip so I started VertCoin at Lunchtime & I'm gonna give BlitzCoin a shot on Monday nite.

bumblebee33

full member

Activity: 168

Merit: 100

Quote from: maxinz on March 21, 2014, 11:02:08 AM

You probably were on a very unlucky pool or solo...
Until the last two days you clearly could make much more Zeit by mining it instead of mining doge or pretty much anything else and then converting it to btc and buying zeit.

Pssst... Don't tell them because they seem to know better...

The difficulty was so low (up to around 5) that you made tons of ZEIT by mining in a good pool.

So to make it even "SIMPLER" for you:

With my hashpower mining Doge gives me about $13.50 per day.
Whereas mining ZEIT and selling it at 2 satoshi gives me $32...

Hmmm, I wonder which is the better deal? Huh

?

SIMPLES as you said!!!

maxinz

newbie

Activity: 17

Merit: 0

Quote from: LionOfNarnia on March 21, 2014, 10:43:07 AM

Quote from: bumblebee33 on March 21, 2014, 10:21:09 AM

Quote from: LionOfNarnia on March 21, 2014, 09:12:59 AM

Quote from: BiffyMcBifferstein on March 21, 2014, 09:01:46 AM

I have no idea why you all look for various ways to mine other coins and then buy ZEIT.

no hassle of mining something else/new, and transferring and converting it into ZEIT.

Because a) you get more Zeit for your hashpower by mining something else & b) you are helping the market by buying (increasing the demand) rather than mining (increasing the supply)

SIMPLES!

You probably were on a very unlucky pool or solo...
Until the last two days you clearly could make much more Zeit by mining it instead of mining doge or pretty much anything else and then converting it to btc and buying zeit.

Rigimon

member

Activity: 84

Merit: 10

Difficulty is getting higher so I am thinking to start mine something else. What would you recommend to me as I have only about 1.3mhs rig...?

LionOfNarnia

hero member

Activity: 938

Merit: 1000

Crypto-missionary to the Kingdom of Rhegged

Quote from: buzz2708 on March 21, 2014, 10:33:02 AM

Hello everybody. Can anybody explain me about PoS? What is this and etc.. Or give some link where I can read about it. Thanks

https://cryptocointalk.com/topic/700-proof-of-stake-explained-rough-draft/

LionOfNarnia

hero member

Activity: 938

Merit: 1000

Crypto-missionary to the Kingdom of Rhegged

Quote from: bumblebee33 on March 21, 2014, 10:21:09 AM

Quote from: LionOfNarnia on March 21, 2014, 09:12:59 AM

Quote from: BiffyMcBifferstein on March 21, 2014, 09:01:46 AM

I have no idea why you all look for various ways to mine other coins and then buy ZEIT.

no hassle of mining something else/new, and transferring and converting it into ZEIT.

Because a) you get more Zeit for your hashpower by mining something else & b) you are helping the market by buying (increasing the demand) rather than mining (increasing the supply)

SIMPLES!

buzz2708

member

Activity: 98

Merit: 10

Hello everybody. Can anybody explain me about PoS? What is this and etc.. Or give some link where I can read about it. Thanks

bumblebee33

full member

Activity: 168

Merit: 100

Quote from: LionOfNarnia on March 21, 2014, 09:12:59 AM

Quote from: BiffyMcBifferstein on March 21, 2014, 09:01:46 AM

Dammit. I probably have to wait 20+ days from the time of the first working Mac wallet. Angry

Guess I'll keep mining like a fiend, then...

Honestly, you're better off mining something else then BUYING Zeit @ 2

BTW all, only fair to report a slight change of tactics in that department myself -

About an hour ago I took a plunge into the unknown & started mining the scrypt-N coin VTC (VertCoin) which has been a consistent good performer over the last week or two. I like the fact that it's ASIC-proof

I'll report back in a day or so about how it's going.

Hope it goes better than a week ago when I had a dabble with CatCoin - over TWENTY-FOUR HOURS for confirmations killed it for me - that's a day to confirm your shares, a day to confirm when you put it in your wallet then another day to get it to an exchange, that's an EPIC FAIL and a great big fat NEVER AGAIN from me Sad

I have no idea why you all look for various ways to mine other coins and then buy ZEIT.

Quote

1st week of mining:

about 1 Million ZEIT per 24 hours

2nd week of mining:

about 3 Million ZEIT per 24 hours

3rd week (now ending)

about 2.4 Million ZEIT per 24 hours

no hassle of mining something else/new, and transferring and converting it into ZEIT.

LionOfNarnia

hero member

Activity: 938

Merit: 1000

Crypto-missionary to the Kingdom of Rhegged

Quote from: he-man on March 21, 2014, 09:44:23 AM

Hey Lion grats on the minting, btw take a look at Blitzcoin. It has alot of potential. Mining starts at Monday, and I've just got my 4x GTX 750Ti OC cards today. WUUUHU!

Cheers Bro

I've just had a look & that sounds like a lark. Just a week of mining, gotta be worth a punt, innit?

1800 GMT on a Monday, that's far easier on me than 0500 on a Saturday, that's for sure!

stevegreer

legendary

Activity: 1148

Merit: 1001

Official Zeitcoin community ambassador

Quote from: LionOfNarnia on March 21, 2014, 08:49:01 AM

Quote from: ydrogios on March 21, 2014, 08:32:36 AM

Quote from: LionOfNarnia on March 21, 2014, 08:17:10 AM

HAPPY FRIDAY Cheesy

... Just thought I'd let y'all know that my wallet has started PoS/Minting a few minutes ago. Exciting!

How and where do you see that happening??

OK, all of a sudden I had 36K show up on the 'stake' window, then about 480 appeared in recent transactions (with a crossed-hammers symbol!) - took about 20 mins to get all the confirmations - then got added to the balance. As soon as it did, the 'stake' went away. I checked my transaction history, that 36K was from the first ever deposit into my wallet.

If I'm right, the next one is due at 22.10 gmt.

They start coming thick n fast after that, I've made 100 deposits in 20 days so that should be around 5/day.

STOP SELLING CHEAP, DUMMIES - YOU'RE THROWING AWAY MONEY

Thanks for answering his question, which also answered mine.

Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 564. (Read 1009334 times)