We have previously discussed SummerCoin, which is a Proof-of-Work/Proof-of-Stake X11 hybrid cryptocurrency. With its Proof-of-Work stage ending a lot sooner than expected, let’s check in to see how the Proof-of-Stake stage is going so far.
I’m one of those people who has already received a few Proof-of-Stake transactions in my SummerCoin client. Nothing major though, the 1% daily kind of stake. But none of the Proof-of-Stake rewards orphaned, so that’s a plus!
I’m expecting to receive a few 10% Proof-of-Stake transactions over the coming 48 hours, but I will keep you guys updated once, and if, those occur. Several other miners have already received a few of those, so I’m not worried about it.
In other SummerCoin news, I’m mining on one of the SummerCoin multipools (ChunkyPools), and it has me slightly concerned. I have 75 SUM in my balance for mining 24 hours, which is next to nothing , as I was expected a few hundred.
Other than that, I have my automatic payout threshold set to 50 SUM, and even though I have 75 SUM in my balance, the auto payout didn’t happen either. I requested a manual payout, but still waiting to receive that one.
A new SummerCoin article with more details will be posted Sunday or Monday.
SummerCoin Donations are welcome to : STQbNjVcJSGC9pVedTzRsUbVPaJjRtSSgV