mellomike
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Activity: 84
Merit: 10
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March 18, 2014, 12:44:54 AM |
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Hey I have a question... I posted this on the BC reddit.. but there's not much activity on there.
Would it be overkill to have more than one BC multipool? I kinda want stake holders to have a choice of which pool they want to use. I have a pool setup with coin switching and auto payout.. but I didn't want to launch it if the community felt more than one multipool was too much.
Any thoughts on this?
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Jeezy911
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March 18, 2014, 12:57:29 AM |
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This is starting to look like a great future "collectors coins." This mother is going to be rare as fuck in about 3 years.
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UdjinM6
Legendary
Offline
Activity: 1318
Merit: 1040
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March 18, 2014, 01:06:31 AM |
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Hey I have a question... I posted this on the BC reddit.. but there's not much activity on there.
Would it be overkill to have more than one BC multipool? I kinda want stake holders to have a choice of which pool they want to use. I have a pool setup with coin switching and auto payout.. but I didn't want to launch it if the community felt more than one multipool was too much.
Any thoughts on this?
I think it's great! We have multiple BTC multipools now. Why shouldn't we have multiple BC multipools too? Some pros as far as I can see: 1) I guess you might have another strategy which coin to mine so we could have a competition here and it would lead to more profit for everyone! 2) It's always nice to have a choice (UI, server locations and so on) 3) Diversification is also a huge advantage I think. So in case one pool would have problems another one can "catch falling flag" and keep pushing BC up! |
DASH: XsV4GHVKGTjQFvwB7c6mYsGV3Mxf7iser6
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Jabulon
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March 18, 2014, 01:18:57 AM |
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Hey I have a question... I posted this on the BC reddit.. but there's not much activity on there.
Would it be overkill to have more than one BC multipool? I kinda want stake holders to have a choice of which pool they want to use. I have a pool setup with coin switching and auto payout.. but I didn't want to launch it if the community felt more than one multipool was too much.
Any thoughts on this?
I think it's great! We have multiple BTC multipools now. Why shouldn't we have multiple BC multipools too? Some pros as far as I can see: 1) I guess you might have another strategy which coin to mine so we could have a competition here and it would lead to more profit for everyone! 2) It's always nice to have a choice (UI, server locations and so on) 3) Diversification is also a huge advantage I think. So in case one pool would have problems another one can "catch falling flag" and keep pushing BC up! I don't know how everyone else feels, but for me one of the principle gains we made over the weekend through the multipool beta was the strengthening of the community. It had a powerful unifying effect, and that is hugely important. While I think it would be nice to have a failover option, for the time being I think the singular 'official' multipool is the way to go, for the unifying force it generates. Just my two cents. |
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CatKiwi
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March 18, 2014, 01:23:34 AM |
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Hey I have a question... I posted this on the BC reddit.. but there's not much activity on there.
Would it be overkill to have more than one BC multipool? I kinda want stake holders to have a choice of which pool they want to use. I have a pool setup with coin switching and auto payout.. but I didn't want to launch it if the community felt more than one multipool was too much.
Any thoughts on this?
I think it's great! We have multiple BTC multipools now. Why shouldn't we have multiple BC multipools too? Some pros as far as I can see: 1) I guess you might have another strategy which coin to mine so we could have a competition here and it would lead to more profit for everyone! 2) It's always nice to have a choice (UI, server locations and so on) 3) Diversification is also a huge advantage I think. So in case one pool would have problems another one can "catch falling flag" and keep pushing BC up! I don't know how everyone else feels, but for me one of the principle gains we made over the weekend through the multipool beta was the strengthening of the community. It had a powerful unifying effect, and that is hugely important. While I think it would be nice to have a failover option, for the time being I think the singular 'official' multipool is the way to go, for the unifying force it generates. Just my two cents. Spot on mate. I sold off my stash of MINT today and went all in on BC at 2100 - looking like a much better coin to be honest. The low has been tested, positive upward trend forming, stable and supportive community. This thing is just gonna explode when more and more people sell off their MINT, DOGE, other coins that are generally not going anywhere by down for the forseeable future. |
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MuffinMaster
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March 18, 2014, 01:25:00 AM |
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Hey I have a question... I posted this on the BC reddit.. but there's not much activity on there.
Would it be overkill to have more than one BC multipool? I kinda want stake holders to have a choice of which pool they want to use. I have a pool setup with coin switching and auto payout.. but I didn't want to launch it if the community felt more than one multipool was too much.
Any thoughts on this?
I think it's great! We have multiple BTC multipools now. Why shouldn't we have multiple BC multipools too? Some pros as far as I can see: 1) I guess you might have another strategy which coin to mine so we could have a competition here and it would lead to more profit for everyone! 2) It's always nice to have a choice (UI, server locations and so on) 3) Diversification is also a huge advantage I think. So in case one pool would have problems another one can "catch falling flag" and keep pushing BC up! I don't know how everyone else feels, but for me one of the principle gains we made over the weekend through the multipool beta was the strengthening of the community. It had a powerful unifying effect, and that is hugely important. While I think it would be nice to have a failover option, for the time being I think the singular 'official' multipool is the way to go, for the unifying force it generates. Just my two cents. Spot on mate. I sold off my stash of MINT today and went all in on BC at 2100 - looking like a much better coin to be honest. The low has been tested, positive upward trend forming, stable and supportive community. This thing is just gonna explode when more and more people sell off their MINT, DOGE, other coins that are generally not going anywhere by down for the forseeable future. mint seems to be steadily dropping as BC is steadily rising . |
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mellomike
Member
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Activity: 84
Merit: 10
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March 18, 2014, 01:25:08 AM |
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Good points UdjinM6 and Jabulon.
I do agree I enjoyed how unified everyone was for the multipool this past weekend. So what I'll do is let us launch with just the one pool and rally the stake holders together there... and a week or two from now launch a 2nd pool that (like Jabulon said) could serve as a failover or just another choice (as UdjinM6 said) for stake holders.
Thanks guys for your feedback!
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damiano
Legendary
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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March 18, 2014, 01:29:44 AM |
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Is there an ETA on when the multipool opens back up?
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rsx19
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March 18, 2014, 01:41:07 AM |
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i love watching pumps
me tooo. But with my mouse on the sell button  )) started with 583 and upt it to 602 its a little profit, sitting in class not learning playing the coingamezz You can't really call that profit until you get out of it. well now i have more at the same price, |
BlackCoin For poor Shibe - BMobXjx9TN96a1qmZA9pSSzJur6UH9PWgU
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niothor
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March 18, 2014, 02:18:49 AM |
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Is there an ETA on when the multipool opens back up?
Waiting for this as eager as well. |
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xxwohxx
Newbie
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Activity: 7
Merit: 0
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March 18, 2014, 02:21:15 AM |
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Does anyone know why my wallet says I have a stake balance but the status for staking is "Not staking because you don't have any mature coins"?? Why do I have a stake balance if I am not staking?
Also, if I have coins currently staked how can I move them to another wallet? or when can I move them?
Thanks.
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mellomike
Member
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Activity: 84
Merit: 10
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March 18, 2014, 02:26:06 AM |
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Is there an ETA on when the multipool opens back up?
Waiting for this as eager as well. The pool owner stated that it would open this weekend (Friday at the earliest) |
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NapsterAU
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Activity: 69
Merit: 10
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March 18, 2014, 02:31:18 AM |
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How does multipool work for generating black coins?
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mellomike
Member
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Activity: 84
Merit: 10
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March 18, 2014, 02:34:12 AM |
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How does multipool work for generating black coins?
The pool mines alt-coins ---> alt-coins are sold for Bitcoins ---> Bitcoins are sold for BlackCoins on the exchanges. So BlackCoin value goes up while stake holders earn more coins from the hands of the people trying to sell. As long as the stake holders hold on to their coins.. the value will continue to rise. Thus, your coin amount total increases while the value increases too. The only way this could go really bad is if stake holders get greedy before BC reaches it's peak and people put their coins up for sale for a quick cash-out. |
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ThePatient
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March 18, 2014, 02:35:56 AM |
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How does multipool work for generating black coins?
The pool mines alt-coins ---> alt-coins are sold for Bitcoins ---> Bitcoins are sold for BlackCoins on the exchanges. So BlackCoin value goes up while stake holders earn more coins from the hands of the people trying to sell. As long as the stake holders hold on to their coins.. the value will continue to rise. Thus, your coin amount total increases while the value increases too. I think he meants (maybe i'm wrong), how are new blackcoins mined (generated) if the pool is actually mining other coins. |
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mellomike
Member
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Activity: 84
Merit: 10
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March 18, 2014, 02:40:49 AM |
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How does multipool work for generating black coins?
The pool mines alt-coins ---> alt-coins are sold for Bitcoins ---> Bitcoins are sold for BlackCoins on the exchanges. So BlackCoin value goes up while stake holders earn more coins from the hands of the people trying to sell. As long as the stake holders hold on to their coins.. the value will continue to rise. Thus, your coin amount total increases while the value increases too. I think he meants (maybe i'm wrong), how are new blackcoins mined (generated) if the pool is actually mining other coins. There are no more coins being generated besides the 1% stake each year. There are 72+ million coins out right now. No more can be mined.... EVER. The only way to get coins now are to buy them from the exchange.. or earn your 1% stake a year. 72 million sounds like a lot. But once people start holding on to their coins.. it will become rare, and the price will skyrocket. So that's why this mining pool is SO important to the community. Without it there would be no way to get coins from mining. |
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NapsterAU
Member
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Activity: 69
Merit: 10
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March 18, 2014, 02:55:18 AM |
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Nice, will definitely jump in on the multipool then.
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Jabulon
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March 18, 2014, 03:15:23 AM |
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niothor
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March 18, 2014, 03:29:13 AM |
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How does multipool work for generating black coins?
The pool mines alt-coins ---> alt-coins are sold for Bitcoins ---> Bitcoins are sold for BlackCoins on the exchanges. So BlackCoin value goes up while stake holders earn more coins from the hands of the people trying to sell. As long as the stake holders hold on to their coins.. the value will continue to rise. Thus, your coin amount total increases while the value increases too. I think he meants (maybe i'm wrong), how are new blackcoins mined (generated) if the pool is actually mining other coins. There are no more coins being generated besides the 1% stake each year. There are 72+ million coins out right now. No more can be mined.... EVER. The only way to get coins now are to buy them from the exchange.. or earn your 1% stake a year. 72 million sounds like a lot. But once people start holding on to their coins.. it will become rare, and the price will skyrocket. So that's why this mining pool is SO important to the community. Without it there would be no way to get coins from mining. I'm willing to bet that the next question will be , where do those coins come from  ))) |
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