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June 14, 2014, 07:01:37 PM
Last edit: June 14, 2014, 07:35:24 PM by ISAWHIM |
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Will we be mining into the wallet, or into pools, or both?
Have you thought about extending the POW days, or is it still only seven days?
You can reduce the "dump potential", if the reward is setup to increase from a starting value of something like 10 for reward, and increasing 50% with every 1000% (10x) hash-growth. (Hash-Growth/Difficulty)
EG...
(Diff adjust)
HASH POWER : BLOCK REWARD : PerHashUser*
0 : 2 : 2 (BaseValue) : 2
1 : 10 ((2*0.5)*10) : 10
10 : 50 ((10*0.5)*10) : 5
100 :250 ((50*0.5)*10) : 2.5
1K : 1250 ((250*0.5)*10) : 1.25
10K : 6250 ((1250*0.5)*10) : 0.625
100K : 31250 ((6250*0.5)*10) : 0.3125
Etc... Going until the last block, which will just equal the goal. Where-ever that falls.
(*PerHashUser would be if each person had enough hash-power to equal 1. Users with more hash, obviously get more. The more that join, the less we all get, just not as exponentially decreasing as the fixed-reward system. Also, this places less in the hands of dumpers, immediately.)
To extend it, start at 0.00000002 to start, for best results, and longer "value adding".
Result would be...
0 : 0.00000002
1 : 0.00000010
10 : 0.00000050
100 : 0.00000250
1K : 0.00001250
10K : 0.00006250
100K : 0.00031250
Etc...
If the formula is too complex, a standard increasing reward would suffice. Miners will come and go, but more will stay and come with the slow and progressive increase. (I don't think pool-rape will be an issue, since they can't setup calculations that fast. xD)
However, I am sure someone is going to rent some serious hash-power for the week, if this only lasts a week. (Still, renting would be a loss. Cheaper to just buy them, then sell later. xD Like I am doing.)
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