Quote from: AizenSou on June 07, 2014, 12:17:46 PM

Quote from: primer- on June 07, 2014, 11:34:15 AM

Quote from: maxpower on June 07, 2014, 11:29:58 AM

Quote from: primer- on June 07, 2014, 11:27:30 AM

Quote from: maxpower on June 07, 2014, 11:24:54 AM

Quote from: fudge on June 07, 2014, 06:11:55 AM

could you please explain what will happen if i burn 1 coin? or 0.1?

Great explanation from earlier in the thread:

Quote from: chiguireitor on May 30, 2014, 02:04:50 PM

PoB is the same as mining contracts! This is great, because every miner doing PoB has the same probability of hitting PoB blocks. Further burning coins is like extending your mining contract, not contracting more hashing power.
You can know how much of your burnt coins has been used to hash on PoB via the decay feature. Decay/Confirmed Burnt coins = Percentage done of the "mining contract".

No its not. The more coins you burn the more chance of hitting a PoB block. If you burn only 10 coins chances you find a PoB block are almost none. Don't fucking spread misinformation.

You're right. From the whitepaper: "The more coins that are burnt, the smaller this unique burn hash will be, making it more likely to be valid and accepted by the network."

Gonna go back and edit my post.

The whole concept of PoB is just stupid in my opinion, more or less the same as PoS. This coin is dead.

Dead? So you are not the one with 180 khs @ slimmerpool right now?

No i am solo-ing with the wallet, dumping everything on the exchange before the price plummets

You meant this guy ?
SUMQVpw7GUrsW9vxnHNWsLyPPXFPC5pWXV 0.01233384 0.00005584 99.54% 172.44 KH

Thats one stupid miner, i've been getting a lot of blocks solo mining with about the same hash rate, 3x more than the pool pays.

current "difficulty" : 0.07642423,

Difficulty was 0.29xxxxx yesterday