One Week OldOne week has passed since Bitmark was launched. Here are some of our accomplishments since launch:
1. A smooth
release with zero bugs reported on any platform.
2. An interesting and committed community has started to take shape.
3. The standard of discussion on the thread has remained exceptional over all 32 pages.
4. No Bitmarks have been sold, and we are not listed on any exchanges.
5. Multiple people have started contributing work, software, hardware, design, and ideas to the project.
6. Achieved a fair distribution of Bitmark to over 200 miners, with 70 on average at any time.
7.
Network hashrate has been balanced between Solo Mining, two fair playing pools, and investor hired mining rigs.
8. We have introduced
Bitmark P2Pool support to further decentralize the network.
9.
Investor Public Mining (IPM) has been proposed, is being tested, and the proposal has had
significant refinements.
10.
110,000 BTM have been created, and
1100 BTM have been donated to the Bitmark Foundation.
11. Bitmark's
value proposition has been clarified.
12. The first of many novel plans
focussed on adoption has been proposed.
It has been a good first week, thank you to everybody.
Is there still some room to acquire some BTM by investing in the IPM pool?
There is still room on the IPM Pool Test, 0.554 BTC of space exactly which allows us to run the pool for a full 48 hours going through two difficulty changes and see how the network really reacts to it's presence.
I have been trying to hold off running it until more people join so that we can do an extended test, and consider how to handle the occasions when the rental contracts drift in to the next mining day.
Ok, what would be the next step if I want to buy in? Thanks in advance
1. decide how much BTM you would like at production cost, it will average out to around 890 BTM per 0.1 BTC, or 0.00011500 per BTM.
2. send the BTC to 18rai2ichzUfXG6PVmUQLNPqBjtctnVRAD and inform me of your Bitmark address.
3. after 24 hours you will be notified of the exact amount of BTM generated on the first mining day in a full report.
4. a further 24 hours and you will receive your BTM from the first day, and receive the report for the second day.
5. the IPM Pool Test finished, and you receive your BTM from the second mining day.
Here is a the
report from two shorter tests already carried out.
The
total amount of space remaining for the test is 0.554 BTC.
UPDATE: The IPM Pool test is now full, please do not send any BTC, if you do I will treat it as a donation, use it to create some bitmarks and give them to all the people who have helped (and maybe buy a beer).