Another 3 awesome pages on this thread, to the step forward and the consolidation of our coin. Great!
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I was away for the weekend and I couldn't participate on the IPM round tests because my funds weren't made avaiable on time. So I've rent some rigs and put myself mining some Bitmarks at the regular pools. Later on I'll have about 200 BTM on my wallet
I don't know why but both pools (miningpool.co and xhash.net) seem to give scattered hashrate results and the true is that almost (if not all) the rigs I've rent worked way below of the announced hash/s/day. So, I'll have to make the math to get the real production cost of my experience and compare them to the results of the IPM test rounds.
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About the 'miners addenda' to the IPM Pool terms, and if the numbers are the ones stated on the post, it may be globally interesting. Well, for the miners is always a good deal. For the investors, depend if the production cost is kept low and the 96%/4% will pay the 8 extra hours the rigs will be running 'for the house', and still present a roughly equal returns as if they were rented for 24H at 0.001. For the whole Bitmark project I'm sure this will be very good if we can gather our own group of honest miners and implement IPM like this and get the right numbers that balance all the interests.
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The GetMarked thing is something we should put some efforts right away. It's not only a good idea - it's 'just' the future of crypto... I've watched some talks by cryptocurrency gurus (and other scientists that are doing investigation about this matter) and what comes to attention regarding the adoption of digital money is: "trust and credibility", "focused on/supervised by the community", "more then call it 'money' it should be known as a reward system".
'you click something; you do something = you get marked => you are rewarded'. Nowadays, that's how things get value, presence, relevance. The more badges, likes, subs, marks you have more popular and relevant you are - That's how it already works everywhere. So what's been missing? Imo, what's been missing is the acknowlegment of the importance of this method of adoption. And implement it.
Another thing is, this will ease the marketing of the coin. It's much more easy to make people to adopt a reward system then to 'sell' the idea of use a new crypto currency. Much more!
(There are some other communities working on this aswel. So lets jump on asap.)
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I was away for the weekend and I couldn't participate on the IPM round tests because my funds weren't made avaiable on time. So I've rent some rigs and put myself mining some Bitmarks at the regular pools. Later on I'll have about 200 BTM on my wallet
I don't know why but both pools (miningpool.co and xhash.net) seem to give scattered hashrate results and the true is that almost (if not all) the rigs I've rent worked way below of the announced hash/s/day. So, I'll have to make the math to get the real production cost of my experience and compare them to the results of the IPM test rounds.
______________
About the 'miners addenda' to the IPM Pool terms, and if the numbers are the ones stated on the post, it may be globally interesting. Well, for the miners is always a good deal. For the investors, depend if the production cost is kept low and the 96%/4% will pay the 8 extra hours the rigs will be running 'for the house', and still present a roughly equal returns as if they were rented for 24H at 0.001. For the whole Bitmark project I'm sure this will be very good if we can gather our own group of honest miners and implement IPM like this and get the right numbers that balance all the interests.
______________
The GetMarked thing is something we should put some efforts right away. It's not only a good idea - it's 'just' the future of crypto... I've watched some talks by cryptocurrency gurus (and other scientists that are doing investigation about this matter) and what comes to attention regarding the adoption of digital money is: "trust and credibility", "focused on/supervised by the community", "more then call it 'money' it should be known as a reward system".
'you click something; you do something = you get marked => you are rewarded'. Nowadays, that's how things get value, presence, relevance. The more badges, likes, subs, marks you have more popular and relevant you are - That's how it already works everywhere. So what's been missing? Imo, what's been missing is the acknowlegment of the importance of this method of adoption. And implement it.
Another thing is, this will ease the marketing of the coin. It's much more easy to make people to adopt a reward system then to 'sell' the idea of use a new crypto currency. Much more!
(There are some other communities working on this aswel. So lets jump on asap.)