Search content
Sort by
Showing 17 of 17 results by Krypto-Jack
Re: [ANN] 🎸🎸Done! $MUSIC 2.0 (UBI) is here (Please upgrade ASAP)
Im new to mining. Was just wondering, because this is still lowcap maybe not so many miners -> low difficulty
So... Mining GPU like one for Ethereum, since its ETHhash that should work right, same algo?
Any suggestions?
I was thinking that there'll maybe be an influx of cheap used GPUs once Ethereum switches to PoS....
So... Mining GPU like one for Ethereum, since its ETHhash that should work right, same algo?
Any suggestions?
I was thinking that there'll maybe be an influx of cheap used GPUs once Ethereum switches to PoS....
You can mine music just fine with a gpu rig , its less memory the DAG Epoch is small at the moment , its worth getting in now before the Diff Bomb coming up end of year , its to control supply and demand , will help prices , they needed to give the coin value after changing form 1MC= Play Model, with an infinate coin supply
so far Musicoin has the best and most solid platform for trying to do what they want todo, im hedging this coin for next year , HODL!
they in Beta at the mo , thats gone well, HardMagazine did a test with it , i think thats what they are called.
im seeing mid 2018 as a good point to off load coins , loads of projects going live , gaining traction , Right now markets need big correction , china gone for a while they will be back, more solid regulated, but they will bring trillions back with them
If that is true tho , then I welcome all the miners on my pool!
Check it out today!
0% FEE !
Unlces paid!
No TX fee!
http://music.spdns.eu/
Check it out today!
0% FEE !
Unlces paid!
No TX fee!
http://music.spdns.eu/
No found Block Reward?
Re: Gnosis - the decentralized prediction market platform and oracle standard
Price is really cheap right now its worth a punt to see if they can boost the community with solid updates and updated road map , seams a risky position with this one , who knows ? they have been going along time and the price hasnt really done anything, are they asleep ?
Thanks for the update info, so this tells me they need the COIN to be worth a decent amount, do you think they will cap the coin ? i know they have a mechanic working to stabalise the price , they said they want to be above the rest of the competition , Heel the world looks ok
Re: [ANN][GNT] Golem Project - The world’s most powerful supercomputer
Golem team are busy working though things in Github getting the project moving forward, i hope they do release something soon to get some media attention, start showing off what they can do , i think with a new surge of interest and a price jump they can sell off some more tokens expand the team and spped things up , double the size of the team and the road map will be achived much faster , things han happen quick if needs be ! LongTerm hold , Complete Dev mode right now. i expect to see good things from this investment next year
This is not a fast return investment its a huge longterm investment , both in returns and scale of the what they will be able todo , think about how many young up coming designers there will be when they can access this , Schools , Hospitals , police , security , Games, Art , films adverts , Universitys ect ect ect , everything could use a cheap access super computer , and in 3 years the tech will be seriously decent in home computers , just look at the new Multicore Intel and AMD 4.4Ghz Mem , and GPUs running lightning fast 1080Ti , think what people will be sharing on the network in 3 years , gpu 3x faster than a 1080Ti now and 64 Core Cpu @ 6Ghz stock , the supercomputer will in its self become faster and faster and faster , Quantum Protection is now being developed to protect the BlockChain , .....Thank God for that !
Having a BlockChain without a supercomputer running off it just seams retarded , Backwards! im hopeing they can pull this off !
HODL
This is not a fast return investment its a huge longterm investment , both in returns and scale of the what they will be able todo , think about how many young up coming designers there will be when they can access this , Schools , Hospitals , police , security , Games, Art , films adverts , Universitys ect ect ect , everything could use a cheap access super computer , and in 3 years the tech will be seriously decent in home computers , just look at the new Multicore Intel and AMD 4.4Ghz Mem , and GPUs running lightning fast 1080Ti , think what people will be sharing on the network in 3 years , gpu 3x faster than a 1080Ti now and 64 Core Cpu @ 6Ghz stock , the supercomputer will in its self become faster and faster and faster , Quantum Protection is now being developed to protect the BlockChain , .....Thank God for that !
Having a BlockChain without a supercomputer running off it just seams retarded , Backwards! im hopeing they can pull this off !
HODL
I think the coin value will be driven by the amount playbacks that take place.
i.e
Right now there are about 4 blocks solved per minute, * 314 coins/block that yields 1256 coins distributed every minute.
When UBI forks is activated, musicians will be paid a fixed income of $0.02 per play in $MUSIC. This $MUSIC will be coming from a shared pool, where of all coins mined, 20% go to this pool, the 80% remaining the miners keep it.
Let's work some numbers now.
As a reference, Spotify alone streams about 750K songs per minute. To keep calculations simple in this scenario, let's say there are 1256 songs played per minute in the Musicoin network.
1256 songs played means that there has to be 1256 songs * $0.02 = $25.12 paid to artists in $MUSIC during that minute. We know that this $25.12 is the 20% of some number (since this 20% comes from the UBI pool, and the remaining 80% the miners keep), doing the math this number is $125.6. Now we know that 1256 $MUSIC mined in 1 minute amount to $125.60, which gives a price of $0.10 per $MUSIC.
Scaling up the amount of songs played per minute is proportional to the price. Meaning, if instead of 1256 songs, now we have 12,560 songs played per minute, the price per coin would have to be $1, so that artist continue to receive their UBI of $0.02 per play.
Let's try that:
12,560 * $0.02 = $251.20. This comes from the UBI pool which is 20% of the coins mined so (x = 251.20*100/20) = $1,256.00.
$1256.00 per 1256 coins mined in that minute, so price per coin now is $1.
Did I just write a bunch of nonsense? I.. don't even know, y'all tell me. Meanwhile I'm gonna continue sipppin' this scotch.
i.e
Right now there are about 4 blocks solved per minute, * 314 coins/block that yields 1256 coins distributed every minute.
When UBI forks is activated, musicians will be paid a fixed income of $0.02 per play in $MUSIC. This $MUSIC will be coming from a shared pool, where of all coins mined, 20% go to this pool, the 80% remaining the miners keep it.
Let's work some numbers now.
As a reference, Spotify alone streams about 750K songs per minute. To keep calculations simple in this scenario, let's say there are 1256 songs played per minute in the Musicoin network.
1256 songs played means that there has to be 1256 songs * $0.02 = $25.12 paid to artists in $MUSIC during that minute. We know that this $25.12 is the 20% of some number (since this 20% comes from the UBI pool, and the remaining 80% the miners keep), doing the math this number is $125.6. Now we know that 1256 $MUSIC mined in 1 minute amount to $125.60, which gives a price of $0.10 per $MUSIC.
Scaling up the amount of songs played per minute is proportional to the price. Meaning, if instead of 1256 songs, now we have 12,560 songs played per minute, the price per coin would have to be $1, so that artist continue to receive their UBI of $0.02 per play.
Let's try that:
12,560 * $0.02 = $251.20. This comes from the UBI pool which is 20% of the coins mined so (x = 251.20*100/20) = $1,256.00.
$1256.00 per 1256 coins mined in that minute, so price per coin now is $1.
Did I just write a bunch of nonsense? I.. don't even know, y'all tell me. Meanwhile I'm gonna continue sipppin' this scotch.
To be fair your the only one to put numbers like that together for what they are trying todo , i think they are keeping some numbers back i think artists over the first year will see really good income from this platform, i like them numbers but i have no idea if thats how this works with UBI , lets hope your right , if so we mining pure gold
Enjoy that scotch fella
They should do the UBI system but also have a subscription service where you have to hold a certain usd amount of Musicoin in your account to play music.
And those coins get burned at end of each month.
Say it cost $5 worth of Musicoin a month, you have to keep it topped up as each month those $5 worth are burned (decreasing the supply).
Free music would create much larger traffic, just need an idea that will make Musicoin valuable otherwise its worthless to miners and the musicians.
And those coins get burned at end of each month.
Say it cost $5 worth of Musicoin a month, you have to keep it topped up as each month those $5 worth are burned (decreasing the supply).
Free music would create much larger traffic, just need an idea that will make Musicoin valuable otherwise its worthless to miners and the musicians.
i agree its a tricky situation to keep the incentives in place , im sure they have many good people working on things , just wish they reached out more with updates and videos
i think they are said something about a cap or a control on production of coins , its infinate due to the amount of plays that could be generated over many years , it would be a crazy high number , i read they are changing the 1MC per play model and doing a UBI solution , Universal basic income payed for by mining the coins, they are pegging the artist money on Fiat not on the Musicoin Price or BTC price , from what i understood that is i could be mistaken , i think they have realised that the coin value needs to be much higher and limited , so it wont need an infinate number , they should cap the coin , create value and in 5 years be a trillion $ entity hosting a billion artists with a coin worth £1000 supporting a global planatery music system , its absolutly possible with BlockChain Dapps , and the local access supercomputers for cheap, Brave New World folks !
UBI sounds good in theory but it's another move that will suppress the price further. Correct me if I am wrong but UBI will ensure artists get paid a portion of the mining rewards so that users can listen to songs for free. Music will be reduced to a mere tipping coin. How do they expect the demand for Music coin to rise if nobody is forced to buy it? It's good for the users but bad for the holders.
you have a fair argument , lets hope musicoin can ad some clarity to the situation , if other projects are being built off the back of musicoin network wouldnt it be better to have a model that brings value to the coin to make it worth mining , no miners no network !
linking the coin to the 1MC play was a bad idea in the first place , people want to flow though music listening to as much as they can hassle free with out dealing with linked market rates on a coin in both the crypto and Fiat systems , in what is already a hard place to deal with , moving fiat into crypto needs to be alot easier .
as people use and absorb music they know they are paying for it but they know they are getting a good deal for lots of content , it costs alot of money to make music & time , to have to give it away just for exposure is wrong , then to sign a deal and give 65% away to the publisher is a raw deal , ownership of music costs money , all the different rights holders in each country , too many middlemen ! music shouldnt be cheap if people spend years and years of thier lives dedicated to an art form, greedy greedy corperations forced music to be cheap & free, thats why they are a combined Trillion $ Industry and artists are broke.
Musicoin should be capped , it should be the bitcoin of the music industry what they have is an amazing oppertunity ....................will they make the right choices only time will tell
i think they are said something about a cap or a control on production of coins , its infinate due to the amount of plays that could be generated over many years , it would be a crazy high number , i read they are changing the 1MC per play model and doing a UBI solution , Universal basic income payed for by mining the coins, they are pegging the artist money on Fiat not on the Musicoin Price or BTC price , from what i understood that is i could be mistaken , i think they have realised that the coin value needs to be much higher and limited , so it wont need an infinate number , they should cap the coin , create value and in 5 years be a trillion $ entity hosting a billion artists with a coin worth £1000 supporting a global planatery music system , its absolutly possible with BlockChain Dapps , and the local access supercomputers for cheap, Brave New World folks !
Re: [ANN][GNT] Golem Project - The world’s most powerful supercomputer
Ive just spent some time in Github reading though the reports , bugs , issues , looking at the dates, how fast these issues are being solved , Github is kool never really used it before, so after mooching though what i could , (not touching or changing anything) these peeps are busy, right now a few people cant get it to work but the bugs are being worked out as we speak. can they get it to work thats the question here! i think so should be easy enough with an enviroment like Github to keep things rolling. Kool project think theres room for pleanty of supercomputers in the future Golem will be one of them for sure , i wish the team all the best with this and look forward to the years ahead. i think people are used to more facetime with all these new ICO , Tech startups , CEO COO CTO ect ect ect !
Community , hope they get that side right in the near future
Community , hope they get that side right in the near future
Re: [ANN][GNT] Golem Project - The world’s most powerful supercomputer
do the devs or anyone from Golem use this forum much ? i really want to buy into this project for the long term , give them support ! Need some regular updates and info if possible !
Get in right now they gave some good updates with Brass 0.8 , soon will be ready.... This is the best time to get in
i read people saying they cant get it to work , ive been looking for info on Brass , has it been released ?
Re: [ANN][GNT] Golem Project - The world’s most powerful supercomputer
do the devs or anyone from Golem use this forum much ? i really want to buy into this project for the long term , give them support ! Need some regular updates and info if possible !