Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ħ [HODL] 5% Interest. No Staking Req. Term Deposits 10%. Solo Mining.
by
wisebc
on 16/07/2017, 05:10:30 UTC
Question from a HODL-beginner (but meanwhile # 2 on http://hodl.optiminer.pl/Smiley

I am mining on a Windows10 PC in a DOS-Window using the hodlminer-optiminer-fork.zip (http://cryptomining-blog.com/8196-new-faster-hodlminer-and-a-new-mining-pool-for-it-now-available/)
I installed the HOdlcoin Core - Wallet (HOdlcoin Core Version v3.0.1 (64-Bit)).

I mined and transfered 50 this morning. I transfered the "Principal"(Huh) to my Deposit.

Since then I mined further and now, the mining-stats say:

  • balance:      58.583
  • pending balance:   3.041
  • pending payout:   0.000

In the Wallet-Overview there are those informations:

LEFT SIDE / Balances
  • Available:   0.00040328 HODL
  • Pending:   0.00000000 HODL
  • Immature:   75.49408949 HODL
  • Total:      75.49449277 HODL
  • Available:   0.00040328

RIGHT SIDE / Recent transactions
  • 13.07.17 09:21 +49.99998840 HODL (received with my HODLadress ...)
  • 13.07.17 09:21 +0.00040325 (HODL-Adress I dont know)
  • 13.07.17 05:15 +50.00000000 (Mined Confirmed 310 confimations)

BOTTOM / HOdlings (only one row)
  • Status         HOdled
  • Principal      49.99998840
  • Accrued Interest   0.00822637
  • Accrued Value   50.00822637
  • On Maturation   75.49473154
  • Term (Days)      365
  • Deposit Block   0281625
  • Maturation Block   0486391
  • Estimated Date   2018/07/13


MY QUESTIONS:
1. The requirement for a payout? I thought: Balance >=50 then payout
2. After a payout I need 21 confirmations before the mined 50 (Blocks/HODLES???) are transfered to my pending balance?
3. After each payout I have to transfer the pending amount to my deposit?

Optiminer's pool pays out using the structure created when everything you mined was automatically hodl'ed for 1 year in your wallet.  So, when your balance reaches 50 hodl, you 'get in line' with anyone else who has a balance of 50 or more, and when it is your turn an entire block (50 hodl) is mined to your address, thus paying you 50 hodl.  Now, since the last fork, mined coins don't autohodl, so yes, you will have to manually deposit anything that you want to HODL in a term deposit in your wallet.