Quote from: thundertoe on July 31, 2015, 04:10:47 PM

Quote from: mullick on July 05, 2015, 08:17:20 PM

I just want to confirm this is not cryptsy that is staking

Currently we are not staking any tekcoin

The storage wallet is offline

And the hot wallet hasnt staked a block in

"confirmations" : 92146,

I have given more info to blunder to prove this. But I dont want to make most of that info public

Quote from: SlamPower on July 31, 2015, 02:12:32 PM

Quote from: dickwhite on July 05, 2015, 03:03:05 PM

Quote from: ryanb on July 05, 2015, 07:32:53 AM

Quote from: 7m on July 05, 2015, 05:37:11 AM

95% POS difficulty come from the is address:
BqRKDoDh9ZDShkee6NDf2LTSALsQ2XRAai
https://blockexperts.com/tek/address/BqRKDoDh9ZDShkee6NDf2LTSALsQ2XRAai

looks like Cryptsy's wallet.

A few things to consider:
If it is indeed Cryptsy's wallet, that means they are making profit off this coin and less likely to delist it in times of low volume.
I'm not defending their actions for sure, but we are vulnerable with only this one exchange. Bittrex seems fickle and would likely delist it in a bear market. It might be better to make a bounty and go for a big Chinese exchange like BTC38. With 2500+ BTC volume/day and lots of new eyes, TEK might do better there. JMHO.
One more thing: The higher the difficulty, the less coins are issued, which means every coin is more valuable. So in the end, your overall wealth may be the same regardless. If you consolidate your blocks, you should stake before Cryptsy with its many small blocks. At least that's what I've noticed. Even at .003+, my big blocks stake almost immediately.

They do stake immediately, but the number of blocks in that big wallet staking every min is what making the PoS difficulty go so high.

Bump,

unless you have actual data proving the addy is cryptsy then this has already been rehashed multiple times.

92146 times Grin