Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 741. (Read 1009334 times)
March 04, 2014, 03:49:40 AM
99 Billion coins? This is going no where.
March 04, 2014, 03:36:00 AM
This is a bit sneaky but you can take advantage of Mintpal's quick log-out time by voting three times while logged out and then six more times after you log back in.
Ahh, great gonna give it a try.
March 04, 2014, 03:34:10 AM
March 04, 2014, 03:27:53 AM
This is a bit sneaky but you can take advantage of Mintpal's quick log-out time by voting three times while logged out and then six more times after you log back in.
that has not worked for me
March 04, 2014, 03:21:35 AM
This is a bit sneaky but you can take advantage of Mintpal's quick log-out time by voting three times while logged out and then six more times after you log back in.
March 04, 2014, 02:42:45 AM
who's mining zeit with what kinda kh and and what you making average a day? just wondering if i should swop pools cause iv been going since the start with 3000kh and I havnt broken the 1mill mark yet on hash.so.....this good progress or is it time to jump ship?
I'm mining at http://zeit.dedicatedpool.com/ at ~3.4Mh/s and getting ~540.000 ZEIT per day.
That seems very low unless you don't know the difference between commas(,) and decimal points (.)
I meant 540 000 ZEIT, corrected the post now
March 04, 2014, 02:35:14 AM
who's mining zeit with what kinda kh and and what you making average a day? just wondering if i should swop pools cause iv been going since the start with 3000kh and I havnt broken the 1mill mark yet on hash.so.....this good progress or is it time to jump ship?
I'm mining at http://zeit.dedicatedpool.com/ at ~3.4Mh/s and getting ~540.000 ZEIT per day.
That seems very low unless you don't know the difference between commas(,) and decimal points (.)
March 04, 2014, 02:16:00 AM
who's mining zeit with what kinda kh and and what you making average a day? just wondering if i should swop pools cause iv been going since the start with 3000kh and I havnt broken the 1mill mark yet on hash.so.....this good progress or is it time to jump ship?
I'm mining at http://zeit.dedicatedpool.com/ at ~3.4Mh/s and getting ~540,000 ZEIT per day.
March 04, 2014, 02:13:41 AM
What will happen after coin will hit 1 coin per block reward?
the network hashrate will drop to the point of equilibrium between difficulty and value
this wont matter that much since you would need > 51% of coins and network hashrate to perform an attack, so the coin is secure even if network hashrate drops to 100MH/s
another thing is that wallets with coins that have 20 coin-age days will generate Proof-of-Stake blocks, this is targeted to increase supply by 25% the first year
1 million ZEIT having sit for 20days would generate 13698.6 new coins, and the coin-age would be reset
25%/year is 0.0685%/day
March 04, 2014, 01:56:32 AM
March 04, 2014, 01:43:46 AM
Once the influx of super miner dumpers cant mine 5 million coins a day just to insta dump we should see a rise. If mintcoin is any indication, this should happen somewhere around week 3 or 4 as the Diff rises and the rewards lower. Remember, this is still week 1 and we have 6 blocks halves coming up.
March 04, 2014, 01:40:34 AM
What will happen after coin will hit 1 coin per block reward?
the network hashrate will drop to the point of equilibrium between difficulty and value
this wont matter that much since you would need > 51% of coins and network hashrate to perform an attack, so the coin is secure even if network hashrate drops to 100MH/s
another thing is that wallets with coins that have 20 coin-age days will generate Proof-of-Stake blocks, this is targeted to increase supply by 25% the first year
March 04, 2014, 01:37:23 AM
I've been mining at zeit.imine.at for about an hour now and haven't seen any confirmed or uncomfirmed coins. Anyone else experiencing this? Is there a delay?
Mining at 2440khs.
Mining at 2440khs.
i mine at http://zeit.dedicatedpool.com/
have not had any problems
Switching now, thanks for the tip.
March 04, 2014, 01:30:48 AM
I'm hoping to find someone knowledgeable to help me understand what causes the difficulty of a scrypt coin such as Zeit to rise or fall. Anyone out there that can educate me?
target block time = 30 seconds
network hashrate = difficulty * 2^32 / 30
so
difficulty = network hashrate * 30 / 2^32
11.7GH/s = 11700000000 hash/s
diff = 11700000000 * 30 / 2^32 = 81.72
fluctuations in network hashrate lead to fluctuations in difficulty
Thank you for the explanation!
March 04, 2014, 01:28:50 AM
I've been mining at zeit.imine.at for about an hour now and haven't seen any confirmed or uncomfirmed coins. Anyone else experiencing this? Is there a delay?
Mining at 2440khs.
Mining at 2440khs.
i mine at http://zeit.dedicatedpool.com/
have not had any problems
March 04, 2014, 01:27:27 AM
I've been mining at zeit.imine.at for about an hour now and haven't seen any confirmed or uncomfirmed coins. Anyone else experiencing this? Is there a delay?
Mining at 2440khs.
Mining at 2440khs.
March 04, 2014, 01:22:59 AM
What will happen after coin will hit 1 coin per block reward?
the network hashrate will drop to the point of equilibrium between difficulty and value
this wont matter that much since you would need > 51% of coins and network hashrate to perform an attack, so the coin is secure even if network hashrate drops to 100MH/s
another thing is that wallets with coins that have 20 coin-age days will generate Proof-of-Stake blocks, this is targeted to increase supply by 25% the first year
March 04, 2014, 01:18:57 AM
I'm hoping to find someone knowledgeable to help me understand what causes the difficulty of a scrypt coin such as Zeit to rise or fall. Anyone out there that can educate me?
target block time = 30 seconds
network hashrate = difficulty * 2^32 / 30
so
difficulty = network hashrate * 30 / 2^32
11.7GH/s = 11700000000 hash/s
diff = 11700000000 * 30 / 2^32 = 81.72
fluctuations in network hashrate lead to fluctuations in difficulty
March 04, 2014, 01:04:53 AM
"we will be handing out paper wallets that contain 20000 ZEIT and we will have 2500 printed. "50,000,000 Giveaway to everyday people".
HMM, How are they going to prove that one?
HMM, How are they going to prove that one? March 04, 2014, 01:03:59 AM
What will happen after coin will hit 1 coin per block reward?
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