Post
Topic
Board Announcements (Altcoins)
Re:                              Gulden NLG                              DELTA PRIME
by
GeorgeAurea
on 20/04/2016, 20:13:46 UTC
Actually, we did managed it for the past 24+ hours in achieving the mining of Gulden yielding more, in comparison to buying them from the market(s)  Grin
The "divide key" used thus far from daily allocated assets, has been 1/3 towards mining, and 2/3 towards buy support. If you compare the mining address in retrospective next to the Hybrid address (on which the buy-support directly is being done), you'll see that that currently mining is yielding slightly more...

Yet, I do not know if this is a minor momentum, or if we can sustain it over a longer period. I'll keep monitoring this closely Wink

If i calculate the mining profit for april 19th then we have mined 2239NLG according to the mining address. The Hybrid address shows, for april 19th, a grow of 3869NLG. So the buy support is 3869-2239=1630NLG?
Have i understand it correct?

Partial;

Firstly, this is how the two addresses work:
- The mining address, is only set to receive mining revenues. From time to time, accumulated earnings are sent forward to the Hybrid address.
- The Hybrid address, is receiving the daily buy-support, and from time to time the accumulated mining revenues.
The reason behind this, is to prevent the Hybrid address from becoming a dust address, due to mining part. So that's why a separate mining address is used...



The 3869 NLG from April 19th on the Hybrid address, is purely buy-support. The 2239 NLG from the mining address, is purely mining revenues. So that day, rough total Gulden yields was roughly ~6k.

Now, 1/3 was spend on the mining part and 2/3 on the buy support to achieve those results. So 1 portion was being directed towards the mining part, which resulted in yielding 2239 NLG. And 2 portions were directed towards buy-support, which resulted in yielding 3869 NLG.
So if the same amount of portion were spend equally (both 2 portions), and just using the numbers above for pure convenience, we would not have mined 2239 NLG, but 4478 NLG (versus 3896 NLG from buy-support).

Hence, we managed it in achieving the mining of Gulden yielding more, in comparison to buying them from the market(s)  Grin