Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Incognito (INC) - Anonymous / Untraceable / I2P Anonymity Layer
by
Dvldvl2
on 13/04/2018, 16:33:06 UTC
Taк и нe cмoг coздaть бecплoтнo кoшeлeк. тpeбyютcя плaтныe вepcии пpoгpaмм. Пpи тaкoм пpoгpaммнoм oбecпeчeнии зapaбoтaeт мoнeтa?

Thanks for the feedback.  Integrations with commercial/paid for wallets will come in the future once the coin becomes more established.  
Hello,

How long will be this huge rewards for mining ?
As at the current rate, all the coins will be mined in few days/weeks.
After that, what will be reward / block ?

Thanks!

The rewards are in proportion to the total supply
At the current mining pool rate there will only be a few % of the total supply mined after 1 month (not all of the supply as you mention)
Difficulty & diminishing returns kick in with similar emission as other cryptonight coins
My calculations:
1 x GTX 1070 = 240000 INC / day
1 RIG with 6 GPUS = 1440000 INC /day - 43200000 INC / month
That means 2000 RIGs to mine 10% in 1 month.
It's true you wont mine everything Smiley but is not that too much? Just asking.
Any estimations on how many coins will be circulating when it will be listed on exchanges ?

Thanks!

Thanks for the feedback - as of now there are only 30 miners on the main pool - hoping for the 2,000 above
Check bitcoin, dash, monero etc in the first few months of launch - the mining rate and %
Diminishing returns will kick in over time and also with more miners to balance the distribution and higher difficulty

Expecting around 10% to be circulating once on exchanges
Premine 10% is hodl  (this is not a pump & dump)
Do consider most of the successful coins today, evolved over 3 or 4 years - we are 1 week in.