Re: [ANN]SHERLOCK COIN (SHC)| + | + 221 Baker St + | + |only 221 coins to be mined +
"0.00000010 Block reward for the first 419 blocks (Conveniently set to allow you to get your miners running)"
Am I just tired or was this not thought out well? How much time is really reasonable to get our miners going? Has a relatively aggressive 10 minute difficulty re-target so we're not going to blow through blocks at a low difficulty. 221 second block time x 419 blocks = 92,599 seconds / 60 = 1543 minutes / 24 = 64 days and change. I don't think miners really need 64 days to prepare thy miners.............
Am I just tired or was this not thought out well? How much time is really reasonable to get our miners going? Has a relatively aggressive 10 minute difficulty re-target so we're not going to blow through blocks at a low difficulty. 221 second block time x 419 blocks = 92,599 seconds / 60 = 1543 minutes / 24 = 64 days and change. I don't think miners really need 64 days to prepare thy miners.............
Hello mate,
Thank you very much for your kind interest on SHC I welcome you to mine.
and adding a bit cMore to your calculations and thus fixing a tiny error that you might have
Made.
221 second block time X 419 Blocks = 92,599 seconds correct / 86400 Seconds (Amount of seconds for a day) gives you the exact time needed to get to 419 blocks which is roughly more than 1 day not taking into account difficulty changes I think we should get there in roughly 2 - 3 days the most.
Best Regards,
Soopy
thats if people mine. People (like me) are not gonna waste 2-3 days of hashpower to get NOTHING. Hashpower cost money, u know? Sure its fair to make it so that the blockcount is reached within 1-2 hours so everyone has time but this is just ridiculous. I stopped mining. Good luck with it.