Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BTCZ] BitcoinZ - Low Fees, 100% Community, POW-Equihash No-Premine No-Tax
by
llbrunoll
on 26/01/2018, 11:37:40 UTC




Come for a mining round at our new BTCZ dedicated pool!

stratum+tcp://minebitcoinz.hopto.org:3032

*

Reward System: Proportional + Race

*


[Proportional] Meaning: You connect and disconnect whenever you want. When the pool finds a block
you will receive coins proportional to the number of valid-shares you produced for that mining round

+

[Race] Meaning: 1250 gen coins are reserved to the block-finder





Ok!! Then we shall go for next block!!! I’ll donate 500 btcz to the next block finder of this pool!!

Thanks For Your Fruitful Support!

So, we have 1250 gen coins + 500 extra coins to the finder of the fourth block!  

Im in! lets do this. Where can i donate?

That's it!!! We are 15 miners (21 workers) on http://mybitcoinzfreedom.hopto.org:31/workers with a total Hash rate of 17.5 ksol/s !

We need more, join this pool and get 1250 block reward from the pool PLUS 500 BTCZ from me after the block is found!






How do i join this and how do you pay me the bonus?

1250 will be paid by the pool, if you are the block finder, automatically once you receive the other mined coins.
500BTCZ will be send by me and post here the transaction id.

Go find the block and you will find out how!

When i checked yesterday it said 4 blocks found- today it only says 3.... Is there something fishy going on here? Ive been working for 2 days and no payouts.

Hi,
Nothing fish at all. Please, understand one thing. BitcoinZ has a total supply of 21.000.000 coins. But not all those coins are circulating in the market, right? Where does they come from? Answer is: From the new blocks, which are generated by the miners. Miners like you keep the network alive and health. The system works because of you.

So, when a block is found, 12500 coins are generated (and it will be like this for the next 3.5 years, when the first halving will happen for BTCZ).

Since or pool is beginning operation, we have few miners, and we find one block each two-three days. We need more mining power to get blocks faster.

But anyway, you are going to be payed just when a block is found. Suppose there where 3 blocks found when you joined. Then, you will be contributing to mine the block number 4 (this is the fourth mining round). When block-4 is found, you will receive a fraction of those 12500 generated coins. This fraction is calculated based on the number of valid-shares you produced.

So, if you contributed to round number four, you might have received you share.

Please, also, for extra information, read the material at: https://minez.zone/faq  . It is very informative, and I am sure you can lear more from there.

Thanks man. I hope you come for the next mining round.

We are trying to crack our Mambo-Block Number 5.
And reward is set to 1000 gen coins to the block-finder

||bruno||