Pos for supercoin after the second year until eternity is defined as. Investors need a comparable rate of return otherwise they will go elsewhere. Help me find the best mining pool for Zencash! Also if you’re a believer in Zen it’s. Been using it for few days and satisfied with the return so far.

1) You purchasing 160 BTC worth of ZEN would quite clearly spike the price. This price increase would make it more profitable for current and prospective ZEN node runners. It also means you wouldn't be able to purchase your alleged 1000 nodes. You would likely have less than that.

2) How do you plan on running 1000 nodes with the required uptime to get rewards? 3) You taking out 42000 ZEN would decrease circulating supply. The price would rise, and more nodes would be run.

4) Good luck 'waiting it out' and purchasing enough ZEN to run 5000 nodes. Where is your income coming from? Are you accounting for the major spike you would have on ZEN if you tried to purchase 170000 more? What about natural market increase? 5) Once again, how are you going to go about running 5000 nodes? 6) Locking up 200000+ ZEN for 5000 nodes would once again take it out of the circulating supply.

The value of ZEN would increase and more people would run nodes. The number of nodes seems to be determined by the market. If it is profitable 'enough' people add nodes. If it's not profitable 'enough' they don't.

This applies to the case that you describe too. Some food for thought. 1) Would you be willing to run nodes that are not profitable, in order to have the majority of the network, paying server fees every month? 2) What would you do with them, I'm curious 3) Remember that a node is essentially a 'wallet' that has a complete copy of the block chain. Anyone can set up a secure node. It just is that they are eligible for payment only if they fulfill some criteria.

THUNDER BAY, ON --(Marketwired - June 01, 2015) - Zenyatta Ventures Ltd. ('Zenyatta' or 'Company') (TSX VENTURE: ZEN) () is pleased to announce the results of a positive preliminary economic assessment ('PEA') on its Albany hydrothermal Graphite Project located in northern Ontario, Canada. The PEA was prepared by the independent engineering firm RPA Inc. ('RPA') in Toronto with mill design input from SGS Canada Inc.

The RPA report concluded that the PEA is positive and the project should be advanced to the pre-feasibility stage. An animated video of the proposed mining project can be found on the Zenyatta website or at the following. Hshare HSR Mining Devices. PEA Highlights: (Note:All dollar amounts in US currency unless otherwise specified) • Open-Pit, Life of Mine ('LOM') of 22 years based on less than 50% of the Indicated & Inferred Mineral Resources. Underground mining of Inferred Resources below the sill are not included in this study.

The deposit is open at depth; • 3,000 tonne per day open-pit mine and process plant to produce 30,000 tonnes of high purity ( >99.9% Cg) graphite annually; • Price of purified graphite @ $7,500 per tonne and operating costs of $2,046 per tonne showing a margin of $5,454 per tonne; • Total LOM gross revenue of ~$4.8 Billion and an after-tax cash average annual cash flow of $110 Million; • A base case after-tax Net Present Value at a 10% discount rate of $438 Million yielding an after-tax Internal Rate of Return of 24%. RPA proposes a 22 year, open-pit mine with a processing plant located on site which generates a strong annual cash-flow and high rate of return. The PEA indicates that the Albany graphite project has excellent potential to be a low-cost source of high purity graphite without the use of dangerous and environmentally harmful hydrofluoric acid (as in China) or costly thermal upgrading (as in synthetic graphite derived from petroleum coke). Recent work performed by SGS, on behalf of Zenyatta, successfully completed and tested an innovative and relatively benign purification process for the production of consistent and highly crystalline graphite exceeding 99.9% purity from the Albany deposit.

Feedback from the cleantech sector suggests that environmental considerations are critical when sourcing raw materials for today's high tech applications like energy storage. Supply chain transparency is easier to track and is expected in an ever demanding 'green' world.

The PEA is based on mineral resources that are not mineral reserves and have not demonstrated economic viability. Thus, there is no certainty that the results of this PEA will be realized. OPERATING (US$). Purified Graphite ( >99.9% Cg) Price per tonne $7,500 Purified Graphite Operating Cost per tonne $2,046 Total Operating Cost per tonne processed ore $62 Tonnes Ore Mined per day (grade @ 4.05%Cg) 2,736 Tonnes Purified Graphite Product per year (350 days) 30,000 Tonnes Ore Processed (Mill Feed - LOM) 20,927,000 Tonnes Purified Graphite Product (LOM) 633,636 Tonnes Contained Graphite in Mineral Resource (Indicated + Inferred) 977,000 + 441,000 It is common practice in the mining industry to assess the economic viability of a mineral project at various development stages. Generally, a mining company will first conduct a PEA, then a pre-feasibility study followed by a feasibility study. Each stage will analyze, in further detail and to a greater level of certainty, the economic, technical and geological factors that will determine whether the mining project is commercially viable.

The goal of a PEA is to determine, at an early stage, whether a mining project is potentially viable, in order to advance to a pre-feasibility phase. CASH FLOW (LOM- US$).

Total Gross Revenue $4,752,271,000 Net Revenue $4,700,312,000 EBITDA $3,344,895,000 Pre-Tax Cash Flow $2,641,987,000 After-Tax Cash Flow $1,999,891,000 Aubrey Eveleigh, President & CEO at Zenyatta commented, 'The Company is exceptionally pleased with the strong PEA results presented by RPA and will now proceed to a pre-feasibility stage where further project definition and optimization is expected. This is a very important milestone for Zenyatta that started with the discovery of a rare graphite deposit in 2011 and has now gained global recognition for its unique purity and crystallinity. Zenyatta's early stage study has resulted in extremely encouraging economics that will support discussions with potential strategic partners and financiers.' CAPITAL COST (US$).

Total Direct Capital Cost Mining, Processing & Infrastructure $262,908,000 EPCM/Owners/Indirect Engineering, Procurement, & Construction Management $68,732,000 Contingency (24%) $79,826,000 Total Initial Capital Cost $411,465,000 Zenyatta's 100% owned Albany graphite deposit is located in northern Ontario, Canada near good infrastructure. The deposit is located 30 km north of the Trans-Canada Highway ('TCH'), with access to the power line and natural gas pipeline near the communities of Constance Lake First Nation and Hearst. A rail line is located 70 km away, with an all-weather (all season) logging road approximately 20 km from the graphite deposit. The PEA proposes building an access road, power line and gas line to the property from near the TCH. Planned infrastructure and facilities at the project site include the open-pit mine, processing plant, tailings management facility, handling facilities, crushers and secondary buildings, including offices and workshops. PROJECT ECONOMICS (US$).

HIGH PURITY GRAPHITE MARKET Zenyatta Ventures Ltd. Reuters Cryptocurrencies plunged on Friday, with bitcoin at one point sliding below $8,000 and headed for its biggest weekly loss since December 2013, amid worries about a regulatory clampdown globally. This week's slump brought the total market value of cryptocurrencies down to around $400 billion, half the high it reached in January, according to industry tracker Coinmarketcap.com. The market value of cryptocurrencies is calculated by multiplying the number of digital coins in existence by their price, although many question whether that is the right way to value them.

Bloomberg Frontier Communications Corp. Is working with advisers to sell assets as the debt-laden rural telecom company looks to raise new funds and fix its capital structure, according to people with knowledge of the matter. The company is considering a sale of a package of landline assets in California, Florida and Texas that it acquired from Verizon Communications Inc. In a $10.5 billion deal just two years ago, the people said, asking not to be identified because the matter is private. The company has a market valuation of about $695 million. Time President Donald Trump on Friday authorized the release of a controversial memo that reportedly accuses the FBI of abusing its surveillance powers in its investigation into whether Trump’s presidential campaign colluded in Russian election meddling. The memo is expected to become public later on Friday.

The memo, which follows an investigation directed by Republican House Intelligence Committee chairman Devin Nunes of California, has been touted by Republican lawmakers and conservative media figures as confirmation of supposed political bias against Trump among the country’s top law enforcement officials. FiveThirtyEight Republicans are skeptical but Americans overall support it.

It’s hard, therefore, to see the much-hyped “Nunes memo,” which Trump declassified and congressional Republicans then made public on Friday, changing all that much. Trump has reportedly told friends he thinks the document — which was written by Republicans on the House Intelligence Committee, led by California’s Devin Nunes, and criticizes the FBI’s conduct in the early stages of the Russia investigation — will undermine special counsel Robert Mueller’s probe, but opinion on Trump, Mueller and Russia largely falls along partisan lines, which will make it hard to move. Time Addressing fellow Republicans at the House and Senate Republican Member Conference in White Sulphur Springs, West Virginia, mentioned the wildlife refuge known as ANWR in Alaska’s northeast corner as he recounted accomplishments in the last year, including the tax bill passed by Congress in December. Trump said he “never appreciated ANWR so much” but was told of its importance by others. “A friend of mine called up, who’s in that world and in that business, and said, ‘Is it true that you’re thinking about ANWR?’ I said, ‘Yeah, I think we’re going to get it, but you know.’ He said, ‘Are you kidding? Quartz Soon, baseball fans won’t have to bear with Chief Wahoo.

Heeding pressure from the Major League Baseball’s commissioner, the Cleveland Indians announced this week that it will phase out the red-faced mascot from its uniforms by next season. Like the name and branding of the equally controversial Washington Redskins football team, the Indians’s 66-year old symbol has been widely condemned as an offensive, “racist caricature,” and Native American groups have been calling for Chief Wahoo’s abolition since the 1970’s. Time When President Donald Trump met with Aflac employees in the Oval Office to discuss tax cuts, he noted that First Lady Melania Trump once starred in a TV ad for their company. Because the internet never forgets anything, a copy of the campy 2005 Aflac commercial starring the future First Lady and a talking duck can still be seen on YouTube. Trump has no lines in the ad except the end, when she opens her mouth and quacks like the Aflac duck before starring at her newly webbed feet in horror. Insider Monkey Florida-based Polen Capital sees value in Celgene Corporation (NASDAQ:CELG), which struggled during the past year. The biotechnology company dropped nearly 10% in 2017. Polen Capital, however, is still confident about Celgene, and in its Q4 investor letter (a copy of which can be downloaded here), the investment firm noted that it sees 'ample opportunities' for the company to grow.

A similar confidence was expressed lately by another investment firm Wedgewood Partners, which called the biotechnology company a compelling growth opportunity in its Q4 investor letter. MarketWatch Heading into its fourth-quarter earnings report scheduled for Feb. 13, analysts are raising concerns about Under Armour Inc.’s relevance, with everything from the company’s products to its choice of a flagship location being called into question. The holiday season was a cheerful one for retailers, and Wedbush analyst Christopher Svezia expects Under Armour(UAA)to exceed “low” expectations in the quarterly results.

“It is clear that consumer interest [in] the Under Armour brand is not what it once was, as seen in its North American sales declines and its recent first sales decline in memory,” Wedbush said in a note published Wednesday. Bloomberg The fastest-ever rotation into stocks from Treasuries and high-yield debt has strengthened Bank of America Merrill Lynch’s contrarian sell signal, as risk-hungry investors shrug off the global equity selloff. Stock funds completed another “massive” week of inflows following a record influx last Friday as strong earnings reports offset concerns over a jump in U.S. Government bond yields.

Investors poured $25.7 billion into equities in the week to Jan. 31, taking the total inflow for the year to a 'remarkable' $102 billion, the bank said, citing EPFR Global data.