Quote from: nanoswimz on August 15, 2017, 05:01:23 PM

Quote from: lx001 on August 15, 2017, 03:41:36 PM

Quote from: tacaro on August 15, 2017, 03:29:00 PM

Quote from: nanoswimz on August 15, 2017, 02:49:16 PM

Someone please explain how "mining" works.Yearsterday i see about 5kk coin circulation, but now its more than 6kk. Its dupe or what? i a bit scared because inflation can kill coin very fast.

Can someone answer please about inflation of the coin ? thx

Read the whitepaper. Every genesis address owner can create (mine) 10 batches of coins in his lifetime. Currently 1 batch size is 1278 coins. I have an address and I can mine 12780 coins if I create all the batches today. I can wait 10 years and every batch will hold 5000 coins (10 batches = 50000).
1 million coins is about 78 addresses. it means 78 people yesterday have triggered all 10 batches in their wallets.

Okay, thanks man. Now apother stupid question, what i need to do to generate batch?

I mean which soft/ethereum wallet i need, guide please.

My genesis addresses were from myetherwallet but I've not activated my mining process yet.