Hello everybody.
We feel it's time to clear up some confusion. Instead of answering everybody separately, we will do one big post.
First, we want to let everybody know that we will stick to 30.000 SWIPP as collateral for a masternode - we seem to have agreed (mostly) that this is a good number for now. If and when the network grows, and we actually need more masternodes, this collateral might be lowered. For now, we want to keep the market from being over-saturated - destroying returns.
Coinsmarkets trades with nine digits instead of the normal eight, so 0.000000010 translates to 1 satoshi. SWIPP is now trading at 500 satoshi (not 5000), which means that, for now, a masternode costs around 0.15 btc.
With the next release of the wallet, masternodes will get a share of the PoW blocks and not only PoS (which is the current situation).
When it comes to the mining pool (lpool), trust the figures from your miner. SWIPP now has over 150 workes on that pool, so raising the difficulty of your miner will help with the hashrate and keep the pool from being overloaded. On that note, the network hash rate now regularly passes 5 TH/s, which already makes SWIPP one of the more popular X11 coins to mine.
Got any questions? Let us know.
Yours, team swipp
I agree with you in makes SWP one of the most popular X11 coins to mine. But I think you should to decrease 30.000SWP to 20.000SWP for more masternodes. Bc bot I and you can see the SWP price growing everyday. 20.000SWP ~ 0.1BTC is enough for now!!?
Thank for read!!!
