Post
Topic
Board Service Discussion
Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
by
bumpershot
on 05/01/2015, 06:29:56 UTC
I was just ranting about the .97%/day = 3000+% annual stake rate.

Maybe the geniuses at GAW forgot to take compounding interest

into account. At first sight, .97% per day does look like about 350%/year.

This is one of the better points in this thread. They multiplied instead of using an exponent.