20bil of ZEIT
___________ = ~2.2222BIL x [42 days (6 week before 1 coin per block)] = ~93bil of Zeit
9 days
99bil of ZEIT - 93bil of Zeit = ~6bil = ~5,94% of coin available = ~94,06% mined coins!
Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 684. (Read 1009334 times)
March 09, 2014, 08:32:13 AM
March 09, 2014, 08:21:34 AM
If you look at the charts of many different coins, it's clear that almost all coins are down at the moment and have been trending downward for some time. It's not only about ZEIT, we should keep in mind the whole market environment. I don't expect any rise until the huge supply dump is finished and the general market for coins is trending upward.
March 09, 2014, 08:01:38 AM
I checked all applicants for entry to the exchange and found that mintpal a single coin in the top 10 who started in March that is not present Zeitcoin owns faith of many people.
March 09, 2014, 07:59:57 AM
Here's how I see it -
(Feel free to shoot me down!)
If Zeit is to become an 'established' crypto, then it will HAVE to be approximately as profitable to mine as LiteCoin, i.e. giving a daily cashout of around $4.50 per MegaHash, by the end of April.
At 1 coin/block, the Btc rate will need to be comparable to other similar coins.
Such as DiamondCoin, currently at 0.004 or RonPaulCoin at 0.002 or even MinCoin at .0006
Hence I have bought more Zeit than I have mined (about 6 million @ 3 Sat) and every Zeit is in my deasktop wallet. If I had access to ANY more cash (been out of work for 2 years) I'd be buying still, at anything below 10 sat.
The only thing that concerns me right now is that although the first halving has happened, I'm not seeing much of a decrease in my mining rate - still around 10,000 /hour with my 1.35 Mh/s - which I put down to the decreased difficulty & a lower net hashrate.
If the difficulty goes down as much in week 3, there could be troubles getting the rate up, no matter what exchanges we are on.
What think you all?
(Feel free to shoot me down!)
If Zeit is to become an 'established' crypto, then it will HAVE to be approximately as profitable to mine as LiteCoin, i.e. giving a daily cashout of around $4.50 per MegaHash, by the end of April.
At 1 coin/block, the Btc rate will need to be comparable to other similar coins.
Such as DiamondCoin, currently at 0.004 or RonPaulCoin at 0.002 or even MinCoin at .0006
Hence I have bought more Zeit than I have mined (about 6 million @ 3 Sat) and every Zeit is in my deasktop wallet. If I had access to ANY more cash (been out of work for 2 years) I'd be buying still, at anything below 10 sat.
The only thing that concerns me right now is that although the first halving has happened, I'm not seeing much of a decrease in my mining rate - still around 10,000 /hour with my 1.35 Mh/s - which I put down to the decreased difficulty & a lower net hashrate.
If the difficulty goes down as much in week 3, there could be troubles getting the rate up, no matter what exchanges we are on.
What think you all?
March 09, 2014, 07:55:08 AM
Can anyone tell me how many ZEITcoins are currently in circulation?
March 09, 2014, 07:48:38 AM
Patience, even if we hit a big exchange, it will take 1-2 more block halvings before price will increase. But then it will increase big, i expect 40-70 satoshi
Lets vote Mintpal !
March 09, 2014, 07:40:22 AM
Dear developer Zeitcoin.
I ask you if the problem is not solved by cryptorush remove it from the list of exchangers that would then not to aggravate the situation with Zeitcoin.
Sincerely 14aristokrat
I ask you if the problem is not solved by cryptorush remove it from the list of exchangers that would then not to aggravate the situation with Zeitcoin.
Sincerely 14aristokrat
March 09, 2014, 07:40:08 AM
Hmm. Hashrate too low, price too low. that not sounds good 
it is great. You may buy zeit at very low price
March 09, 2014, 07:38:10 AM
Patience, even if we hit a big exchange, it will take 1-2 more block halvings before price will increase. But then it will increase big, i expect 40-70 satoshi
March 09, 2014, 07:04:28 AM
Until cryptorush solves its issues, the prices will be low...
March 09, 2014, 06:57:07 AM
Any word from the coinmarketcap front, that's usually a big step. I feel a rise coming.
March 09, 2014, 06:27:21 AM
March 09, 2014, 06:27:02 AM
In youre dreams, biggest price was around 10 satoshi. And you sold for 200???
March 09, 2014, 06:14:17 AM
THank god i dumped at 0.0000020...
March 09, 2014, 06:08:33 AM
Dev.... are you still there?
You were really active but seem to have gone quiet on this topic??
You were really active but seem to have gone quiet on this topic??
Just google...
Just google what exactly??
March 09, 2014, 06:04:49 AM
Still didn't receive my 50k ZEITCOIN although I am believer, supporter and miner of this coin from the beginning and I've seen all the Zeitgeist movies Sad
I like and follow Zeitcoin in FB and Twitter and I am in the google Giveaway doc as @MiNFoXa
Msvr3k6QcBwcuCAJYqRsFR6HdLxZEQM8G3
I like and follow Zeitcoin in FB and Twitter and I am in the google Giveaway doc as @MiNFoXa
Msvr3k6QcBwcuCAJYqRsFR6HdLxZEQM8G3
March 09, 2014, 05:58:00 AM
I was asking the same question .. now try 
in the meantime ... who has some data (time/hashrate/Zeit) for solo mining?
And how we make solo mining for Zite??? in the meantime ... who has some data (time/hashrate/Zeit) for solo mining?
March 09, 2014, 05:57:48 AM
Does anybody else have issues with http://zeit.dedicatedpool.com/index.php.
I haven't been able to mine there for a day now but the pool seems to be operating.
I haven't been able to mine there for a day now but the pool seems to be operating.
March 09, 2014, 05:52:34 AM
I was asking the same question .. now try
in the meantime ... who has some data (time/hashrate/Zeit) for solo mining?
in the meantime ... who has some data (time/hashrate/Zeit) for solo mining?
March 09, 2014, 05:50:28 AM
Guys, are you mining on pool or solo ?
I`m in pool but i`m wondering if it`s better the solo Jump to: