Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Bitconnect Coin - Decentralized Cryptocurrency
by
AuroraHF
on 17/04/2017, 12:39:09 UTC
I've been mining bcc off and on for a couple months.  It's difficult to mine when you have huge farms just hogging every last coin.  I do have a question though.  The pool I mine at (I think) has the most hashing power.  It's going a long time without finding a block.  So I checked out the explorer.  Can someone explain block 69033.  Is that right?  30000 bcc?  How is that possible?  Stake?  Or is that a payment?

https://www.blockexperts.com/bcc/height/69033

if the public pools blocks are visible, does that mean there are huge private pools mining this coin?

Those 30k coins is a payment made to this address https://www.blockexperts.com/bcc/address/8crvfxWkNTb3nJvV5mthLJTGQzEFF3Pg3Z  the block value is 10 coins, and yes i think there are some private farms that is mining this coin at start i was having 200 - 300GH on my pool https://bcc.coin-miners.info and now i have just 16 - 30 GH and the nethash right now is  500 - 700 GH so yes there are some private pools

Nethash: 1428 GH/s


Somethings wrong about it. 30K seem to be generated out of thin air as its equivalent of 3000 blocks, notice that to make a payout of 30K u need to have a lump sum in a pools wallet in the first place. Aint looking good for me, I will check whats up with my stats and get back to u. For now I can say that theres a possibility of fraud on pools side but we will know soon after I log in to the admin panel and check where these 30k originate from and who sent them to that addy.

For your information its proof of stake block generated and 30,000 is transaction found by proof of stake miner. 30,000 BCC is is transaction done through the block not come out of thin air. Verify blockchain yourself if you really know how to do it.