Author Topic: [ANN] [STEEM] Introducing Steem, Looking for Witnesses / Miners  (Read 59949 times)

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Offline abit

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Re: [ANN] [STEEM] Introducing Steem, Looking for Witnesses / Miners
« Reply #90 on: April 07, 2016, 10:24:27 pm »
Who are these investors let in on the ground floor?  Were they Brownie holders?  I'm a brownie holder and didn't here anything about this opportunity.

 +5% +5% +5%

YES what about brownies holders? I thought it is a BM asset... When bm wins brownies should rise! not?

Perhaps I haven't won yet.  I intend to buy back brownies with some of my STEEM once all the infrastructure is in place to do it.  I need to know how much STEEM I personally end up with.
Here is (a part of) a VESTS rich list copied from bitcointalk thread, which was posted on April 06, 2016, 01:45:14 AM UTC:

Code: [Select]
steemit : 261585.400566
ned : 9364.0
dan : 9364.0
ben : 8171.0
jamesc : 7173.0
blocktrades : 6841.099536
val-a : 6243.0
berniesanders : 5876.768662
smooth : 4956.846869
mottler : 4605.501952
dantheman : 3742.0
rainman : 3170.302826
val-b : 3121.0
michael-b : 3072.0
michael-a : 3072.0
summon : 2780.467408
itsascam : 2623.051432
cloop1 : 1904.383539
blackjack : 1721.211823
batel : 1310.388186
firstclass : 1155.471735
skywalker : 1118.83303
analisa : 1106.505828
bob : 1077.459334
arsahk : 1067.670552
steemed : 1041.954174
tombstone : 959.141634
alice : 954.075546
freedom : 948.796326
proskynneo : 948.26239
fuzzyvest : 910.26367
azeroth : 883.0
anastacia : 793.505828
bitcoin2016 : 778.552746
paladin : 749.149637
abdul : 698.373399
alvaro : 695.512572
excalibur : 654.294663
alphabet : 652.318228
graavor : 622.09823
fminerten : 503.0
simpson : 466.471751
steempty : 466.047677
lafona-miner : 447.139496
enki : 446.688415
elixir : 434.270579
steemroller : 419.403873
chana : 408.560867
adrian : 396.127526
diaphanous : 391.117511
aftergut : 367.435566
jamgotin : 363.400224
faddy : 358.0
kidrock : 353.800013
fantasy : 333.905997
tyler : 333.264283
bmw : 326.421391
pharesim : 324.197104
apple : 315.586908
hiva : 309.0
books : 307.743146
augusta : 306.544419
gifthana : 304.858649
ashleigh : 295.950726
danea : 295.38049
disney : 293.310637
galaxy : 292.813839
klm : 281.040479
testdrive : 280.50625
node1 : 278.318186
bavak : 274.763339
commedy : 272.430601
hr1 : 268.768011
coldstorage1 : 260.926937
butterfly : 260.720127
figaro : 259.935943
darah : 258.582928
moment : 255.724504
anonymous : 248.435187
bavihm : 235.17638
bitcointalker : 234.0
hanyuu : 232.0
kevphanis : 223.448486
wackou : 212.708986
natsu : 210.0
puppies : 203.352469
node2 : 202.241146
cornucopia : 199.003496
hermes-miner : 195.353161
aguilar : 195.246539
biggest : 189.0
eclipse : 184.318875
mr11acdee : 177.226401
hermes : 166.032698
badassmother : 153.901097
neogen1 : 153.70952
star : 152.806119
mn12defgj1 : 146.118607
justin : 144.489556
solaris : 144.222729
silver : 141.623898
barrie : 140.948265
erath : 140.94224
kushed : 132.242369
starky : 131.952975
luigi : 129.0
node3 : 128.996708
eternity : 126.839845
panadacoin : 126.78644
google : 126.0
microsoft : 120.972476
arroyo : 117.530627
bunkermining : 111.723802
thorium1 : 111.613341
newyo : 107.10308
steemthebest : 106.986113
enable : 105.0
expir : 104.636484
alpha : 100.97656
thorium2 : 100.728167
It seems CNX/blocktrades guys will be very rich if STEEM has some value.
« Last Edit: April 07, 2016, 10:26:11 pm by abit »
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Offline Bubba-Gump

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Re: [ANN] [STEEM] Introducing Steem, Looking for Witnesses / Miners
« Reply #91 on: April 07, 2016, 10:50:22 pm »
I'm here from bitcointalk. This thread seems to be a little meatier than the bitcointalk thread. I like the technical info although I have no idea what a brownie is.

About my involvement in STEEM: I've mined this coin since before it launched  :P

I'd like to run a delegate/witness node, so here is more:

I have been following crypto for about 2.5 years now and it was only a few short months after my first purchase of BTC before I started getting involved on the development side. Lately, I have been working with the Eclipse dev team as a programmer. To clarify things, we have several devs. I am the lead (overly-outspoken) programmer. We also have an administrative dev and a cryptography expert. We are all "equals", leading different parts of the project.

I have expertise in enough programming languages not to bother mentioning them all. One language I will mention is C++ because much of crypto is written in it. I've studied cryptocurrency code so much that I can read through it like a newspaper and can spot logic bugs without even running the code. I have written a lot of cryptocurrency code for many projects.

I have many years of experience in system administration, setting up long running networks both as a consultant and salaried professional.

If I run a witness, I will do so using a top-tier cloud platform like google, amazon, or azure.

I prefer my witness account to be "steemed" if I am selected. I also have steemroller and steemer, and many, many others.

I have been putting everything into vests, even at the low rates we have been getting now. I was probably one of the first people with vests after relaunch.

I'm excited to see where this project will go. I have been recruiting new participants behind the scenes, and even helped a few people at BCT both on the board and privately.

Even if I didn't have a stake in this project, I'd be enthusiastic about its progress as the devs' goal is one of the well known killer dapps that will serve a useful purpose to society.
« Last Edit: April 07, 2016, 10:53:56 pm by Bubba-Gump »

Offline liondani

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Re: [ANN] [STEEM] Introducing Steem, Looking for Witnesses / Miners
« Reply #92 on: April 07, 2016, 11:59:40 pm »
I'm here from bitcointalk. This thread seems to be a little meatier than the bitcointalk thread. I like the technical info although I have no idea what a brownie is.

About my involvement in STEEM: I've mined this coin since before it launched  :P

I'd like to run a delegate/witness node, so here is more:

I have been following crypto for about 2.5 years now and it was only a few short months after my first purchase of BTC before I started getting involved on the development side. Lately, I have been working with the Eclipse dev team as a programmer. To clarify things, we have several devs. I am the lead (overly-outspoken) programmer. We also have an administrative dev and a cryptography expert. We are all "equals", leading different parts of the project.

I have expertise in enough programming languages not to bother mentioning them all. One language I will mention is C++ because much of crypto is written in it. I've studied cryptocurrency code so much that I can read through it like a newspaper and can spot logic bugs without even running the code. I have written a lot of cryptocurrency code for many projects.

I have many years of experience in system administration, setting up long running networks both as a consultant and salaried professional.

If I run a witness, I will do so using a top-tier cloud platform like google, amazon, or azure.

I prefer my witness account to be "steemed" if I am selected. I also have steemroller and steemer, and many, many others.

I have been putting everything into vests, even at the low rates we have been getting now. I was probably one of the first people with vests after relaunch.

I'm excited to see where this project will go. I have been recruiting new participants behind the scenes, and even helped a few people at BCT both on the board and privately.

Even if I didn't have a stake in this project, I'd be enthusiastic about its progress as the devs' goal is one of the well known killer dapps that will serve a useful purpose to society.

 +5% +5% +5%

welcome on board!
We are happy to have you here.

brownies.pts is a personal UIA (User Issued Asset) created from Daniel Larimer aka Bytemaster and he use it to reward who ever help him... it reflects his "value"...  8)

https://bitsharestalk.org/index.php/topic,17354.0.html
https://bitshares.openledger.info/#/market/BROWNIE.PTS_BTS



Offline abit

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Re: [ANN] [STEEM] Introducing Steem, Looking for Witnesses / Miners
« Reply #93 on: April 08, 2016, 08:12:34 am »
FYI the rich list link is here: http://steem.synergycoin.com/richlist.html
Thanks to whoever made it.
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Offline luckybit

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Re: [ANN] [STEEM] Introducing Steem, Looking for Witnesses / Miners
« Reply #94 on: April 08, 2016, 03:20:37 pm »
Only 0.47% of STEEM is liquid in individual accounts, this is going to make the pump on CMC legend... wait-for-it... dary!
I'd like to buy STEEM .. Anyone willing to sell some OTC?
you can run a 12 core jiffybox for 24 hours for 3,60 € and u maybe get like ~40 steem

How much? 360 or 3.60? And what is that in USD?

So far has anyone decided if it's worth it?
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Re: [ANN] [STEEM] Introducing Steem, Looking for Witnesses / Miners
« Reply #95 on: April 08, 2016, 03:54:09 pm »
So far has anyone decided if it's worth it?
Steem doesn't have a price .. so it's a bet ..
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Re: [ANN] [STEEM] Introducing Steem, Looking for Witnesses / Miners
« Reply #96 on: April 08, 2016, 04:24:21 pm »
So far has anyone decided if it's worth it?
Steem doesn't have a price .. so it's a bet ..
How about run with a MacBook Pro for 24 hours then get ~40 STEEM?

By the way, we're happy commenting on the chain, [member=120]xeroc[/member] join us? ;)
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Re: [ANN] [STEEM] Introducing Steem, Looking for Witnesses / Miners
« Reply #97 on: April 08, 2016, 05:54:42 pm »
By the way, we're happy commenting on the chain, [member=120]xeroc[/member] join us? ;)
I started playing around with it today .. feels nice, but the cli_wallet needs some more calls to make browsing posts easer
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Re: [ANN] [STEEM] Introducing Steem, Looking for Witnesses / Miners
« Reply #98 on: April 08, 2016, 06:55:53 pm »
By the way, we're happy commenting on the chain, [member=120]xeroc[/member] join us? ;)
I started playing around with it today .. feels nice, but the cli_wallet needs some more calls to make browsing posts easer
Try wscat :)
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Offline JoeyD

Re: [ANN] [STEEM] Introducing Steem, Looking for Witnesses / Miners
« Reply #99 on: April 09, 2016, 08:42:29 pm »
So far has anyone decided if it's worth it?
Steem doesn't have a price .. so it's a bet ..
How about run with a MacBook Pro for 24 hours then get ~40 STEEM?

By the way, we're happy commenting on the chain, [member=120]xeroc[/member] join us? ;)

I've been in need of an excuse to compare my diy NAS against a vps. So I used this as  a one month competition for laughs.
AMD FX 8320 vs 6 core XEON
FIGHTFrom what I've seen you should get more than 40 STEEM in 24 hours with a 12 core machine, although not in the thousands. I am a little shocked to see how bad a modern XEON VPS seems to perform in comparison to my lowly AMD FX machine. The latter seems to be more than capable to keep up while using only 6 cores out of 8 and while doing quite a few other intensive tasks like running 2 taxing vms on the side.

So it seems that running on bare metal gets you quite a bit of an advantage, still not sure if the amount of STEEM you get is worth it though. Maybe after a couple of weeks you can afford the transaction fee of moving a little to VEST and even have a cool entire dozen of VEST. What are the transaction fees btw? I did a test transfer from STEEM -> VEST with some 70+ and ended up with 3 VESTs. I also seem to vaguely recall reading that registering a name costs 100 STEAM.

Offline Frodo

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Re: [ANN] [STEEM] Introducing Steem, Looking for Witnesses / Miners
« Reply #100 on: April 09, 2016, 09:07:31 pm »
Just to be sure: It is enough to know the private keys that were used for mining to later access the funds?

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Re: [ANN] [STEEM] Introducing Steem, Looking for Witnesses / Miners
« Reply #101 on: April 09, 2016, 09:08:46 pm »
Just to be sure: It is enough to know the private keys that were used for mining to later access the funds?
Yes
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Offline abit

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Re: [ANN] [STEEM] Introducing Steem, Looking for Witnesses / Miners
« Reply #102 on: April 09, 2016, 09:42:40 pm »
So far has anyone decided if it's worth it?
Steem doesn't have a price .. so it's a bet ..
How about run with a MacBook Pro for 24 hours then get ~40 STEEM?

By the way, we're happy commenting on the chain, [member=120]xeroc[/member] join us? ;)

I've been in need of an excuse to compare my diy NAS against a vps. So I used this as  a one month competition for laughs.
AMD FX 8320 vs 6 core XEON
FIGHTFrom what I've seen you should get more than 40 STEEM in 24 hours with a 12 core machine, although not in the thousands. I am a little shocked to see how bad a modern XEON VPS seems to perform in comparison to my lowly AMD FX machine. The latter seems to be more than capable to keep up while using only 6 cores out of 8 and while doing quite a few other intensive tasks like running 2 taxing vms on the side.

So it seems that running on bare metal gets you quite a bit of an advantage, still not sure if the amount of STEEM you get is worth it though. Maybe after a couple of weeks you can afford the transaction fee of moving a little to VEST and even have a cool entire dozen of VEST. What are the transaction fees btw? I did a test transfer from STEEM -> VEST with some 70+ and ended up with 3 VESTs. I also seem to vaguely recall reading that registering a name costs 100 STEAM.
Rate limited free.
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Offline JoeyD

Re: [ANN] [STEEM] Introducing Steem, Looking for Witnesses / Miners
« Reply #103 on: April 10, 2016, 01:56:42 am »
Rate limited free.

My best guess, is that you mean transfers between accounts are free up till bandwidth limitations.
So instead of transaction fees, the network pays for itself by inflation of STEEM then?

I still don't understand how the conversion from STEEM to VEST works. After ctrl+f-ing through the bitcointalk forums, I finally found a little remark that paraphrasing states, that 1 STEEM is converted to VEST first time any miner turns witness. Looking at the bottom a website with the VEST-richlist, that seems to suggest that Conversion rates are little over 4% and dropping. So I guess the conversion rate is dropping, but I can't figure out what mechanism or rule is in effect.

EDIT
Corrected a mistake, it's 4% not 40%. Decimals be damned.
« Last Edit: April 10, 2016, 02:01:34 am by JoeyD »

Offline Bubba-Gump

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Re: [ANN] [STEEM] Introducing Steem, Looking for Witnesses / Miners
« Reply #104 on: April 10, 2016, 07:21:40 am »
Rate limited free.

My best guess, is that you mean transfers between accounts are free up till bandwidth limitations.
So instead of transaction fees, the network pays for itself by inflation of STEEM then?

I still don't understand how the conversion from STEEM to VEST works. After ctrl+f-ing through the bitcointalk forums, I finally found a little remark that paraphrasing states, that 1 STEEM is converted to VEST first time any miner turns witness. Looking at the bottom a website with the VEST-richlist, that seems to suggest that Conversion rates are little over 4% and dropping. So I guess the conversion rate is dropping, but I can't figure out what mechanism or rule is in effect.

EDIT
Corrected a mistake, it's 4% not 40%. Decimals be damned.

Your question is answered here:
https://bitcointalk.org/index.php?topic=1410943.msg14454864#msg14454864