Post
Topic
Board Service Discussion
Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
by
WaffleMaster
on 05/01/2015, 06:43:36 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.

It isn't compounding if you are selling it as fast as you can generate it lol.