Post
Topic
Board Announcements (Altcoins)
Re: [*] 8BIT [Dark Masternodes][Anon][Roadmap Stage 4]
by
allZuckedUp
on 08/08/2015, 22:57:39 UTC

edited ...Soooo, in an effort to see how far we can push this, I'm asking the 8bit community, who among you is willing to donate time/effort to rock this thing?!  Are you a web developer? Gaming guy?  Do you have skills or an idea that's better than all of this?? Let's hear it! What resources/skills do you have, and how much are you willing to share that skill or resource?  If we can bring this together right, an empire of ridiculously valuable businesses can be built here...



Am I late to a party?  I have only been mining small time hobby for about 4 months now and it took cryptsy 3 months to fix a screw up they did and finally get me my 112 8bits.  wait let me back up a little.

I have been a QA engineer for 20 years and some of this stuff confuses me. What is a masternode and what is staking and how are they related to solo mining and for that matter the setup for solo mining does not seem to work.

Is there like a super secret stash of info somewhere?

vj

I don't know about anything being super secret, but here goes...

How to get 8bit.
  • Mining: Over, done, kaput, was in a different phase of this coin's life.  New coins can be created by staking.
  • Staking: New coins created and distributed as an interest rate (sort of) for leaving a balance in a wallet for a certain period of time.  With my staking wallet, I earn 1-3 coins/day on a balance of a few hundred 8bit.  You can see it visualized HERE on a page tracking the wallet of the 8bit faucet, click the graph to have it back up in time.
  • Masternodes: For running a node that works in conjunction with the rest of the network to insure anonymity, a small fee is paid.  It currently requires a balance of $112 8bit to set one up, and it's going to require $1024 8bit to set one up soon.  Currently you'd earn on average about 3 8bit/day per masternode if you were running one.
  • Faucet: Currently there is one 8bit faucet (disclaimer: I run it.) You can get small amounts of free 8bit from http://8bit.netspecto.com
  • Exchanges: You can buy them for BTC or LTC on several exchanges, bittrex and cryptsy spring to mind.