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      "author": "cheetah",
      "permlink": "cheetah-re-panicmodehow-to-get-1-25btcp-per-zcl-join-the-program-while-it-lasts",
      "title": "",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.reddit.com/r/gpumining/comments/7ty54e/increasing_incentive_for_voluntary_miner/",
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      "parent_author": "",
      "parent_permlink": "cryptocurrency",
      "author": "panicmode",
      "permlink": "how-to-get-1-25btcp-per-zcl-join-the-program-while-it-lasts",
      "title": "How to get 1.25BTCP+ per ZCL! Join the program while it lasts!",
      "body": "<center>https://steemitimages.com/DQmX1Qkj4jx1MSp81v4Nj6fscf3Ljfs9ZZm1XvqaP9mYGY4/NHBTCPTransparent.png</center>\n<b>\n# <center> By popular request, here's some more information about this program</center>\n<b>\nThe program is meant to fund things like development, exchange support, marketing, and other general costs associated with Bitcoin Private. To increase miner participation, the team has essentially guaranteed that 62,500 BTCP **WILL BE** awarded to miners as a result of mining in this pool. The difference is that if the target of 50,000 ZCL (4000 blocks) isn't hit, the miners still get a sizable payout for their effort. \n<b>\nIf you were to mine 20% of the total donation pool, then you'd be awarded 20% of the bounty (12,500). This is true even if the total pool donation is only 30,000 ZCL. If we keep the same 20% number, this would mean that your mining contribution would be 6,000 ZCL. Previously this would have paid out 7,500 BTCP, however under the new program rules you'd receive a **total payout of 12,500 BTCP tokens!!** This is an amazing change and allows miners to reap even *MORE PROFIT* for their mining hash power. \n##### Official Reddit Post [(source)](https://www.reddit.com/r/BitcoinPrivate/comments/7txoej/increasing_incentive_for_voluntary_miner/):\n<b>\nAfter speaking with miners, we have decided to optimize our Voluntary Miner Contribution Program to be more attractive for miners to participate. Essentially, we will be having an auction system whereby 62,500 BTCP will be awarded in total to all miners in the program no matter how much ZCL is mined up to 50,000 ZCL total. In this way we allow miners to arrive at a fair market value for their contributions, while continuing to enable their support of BTCP.\n\n \n\nEssentially, if you end up mining 1% of the total ZCL contributed, you would get 625 BTCP, no matter how much ZCL the entire pool donated. If you mined 10%, you would get 6250 BTCP, and so on.\n\n \n\nSo how can I calculate how much BTCP I have earned? Use this simple equation:\n\nBTCP Earned = ZCL you mined for Fund x 62,500/(Total ZCL donated by pool)\n\n \n\nHere are some examples of how this will work:\n\n \n\n1) If 20,000 ZCL are mined at the end of the program, and you mined 100 ZCL, you would get 312.50 BTCP (100*62500/20000)\n\n2) If 30,000 ZCL are mined at the end of the program, and you mined 200 ZCL, you would get 416.67 BTCP (200*62500/30000)\n\n3) If 40,000 ZCL are mined at the end of the program, and you mined 300 ZCL, you would get 468.75 BTCP (300*62500/40000)\n\n4) If 50,000 ZCL (program cap) are mined at the end of the program, and you mined 400 ZCL, you would get 500 BTCP (400*62500/50000)\n\n \n\nIf you have any questions, please feel free to reach out.\n\nCommon Questions:\n\n \n\n###### Why can't I just donate ZCL directly? \nThat is considered an ICO and has legal ramifications.\n###### Where do the 62.5k BTCP come from? \nWe will generate them all during the fork and then send to the proper addresses.\n###### Why are you doing this? \nWe need funding for exchanges (50%), development (25%), marketing (15%), and general/administrative (10%).\n\nIf you are interested, direct your mining rigs to this pool: [ZClassic Official Donation Fund](fund.zclassic.org)\nIf you don't have mining rigs, feel free to follow my Nice Hash tutorial [here](https://steemit.com/bitcoin/@panicmode/bitcoin-private-has-updated-the-mining-reward-program-make-the-most-of-it)\n###### [Official Bitcoin Private Reddit](www.reddit.com/r/bitcoinprivate)\n###### [Official Bitcoin Private Twitter](www.twitter.com/bitcoinprivate)\n###### [Follow me on Twitter](www.twitter.com/paniccrypto)",
      "json_metadata": "{\"tags\":[\"cryptocurrency\",\"bitcoin\",\"altcoins\",\"money\",\"privacy\"],\"image\":[\"https://steemitimages.com/DQmX1Qkj4jx1MSp81v4Nj6fscf3Ljfs9ZZm1XvqaP9mYGY4/NHBTCPTransparent.png\"],\"links\":[\"https://www.reddit.com/r/BitcoinPrivate/comments/7txoej/increasing_incentive_for_voluntary_miner/\",\"fund.zclassic.org\",\"https://steemit.com/bitcoin/@panicmode/bitcoin-private-has-updated-the-mining-reward-program-make-the-most-of-it\",\"www.reddit.com/r/bitcoinprivate\",\"www.twitter.com/bitcoinprivate\",\"www.twitter.com/paniccrypto\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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      "title": "",
      "body": "Great and helpful article, you beat me to writing it!",
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      "parent_permlink": "bitcoin",
      "author": "panicmode",
      "permlink": "bitcoin-private-has-updated-the-mining-reward-program-make-the-most-of-it",
      "title": "Exciting Update to the Bitcoin Private Voluntary Miners Donation Program",
      "body": "@@ -920,82 +920,8 @@\n ned.\n- Rather than go over the specific details (click the link above for that),\n  I'd\n@@ -1143,17 +1143,1406 @@\n ork.%0A%3Cb%3E\n-%0A\n+ %0A## Here is how it works as of today:%0AEssentially, we will be having an auction system whereby 62,500 BTCP will be awarded in total to all miners in the program no matter how much ZCL is mined up to 50,000 ZCL total. In this way we allow miners to arrive at a fair market value for their contributions, while continuing to enable their support of BTCP.%0A%0A %0A%0AEssentially, if you end up mining 1%25 of the total ZCL contributed, you would get 625 BTCP, no matter how much ZCL the entire pool donated. If you mined 10%25, you would get 6250 BTCP, and so on.%0A%0A %0A%0ASo how can I calculate how much BTCP I have earned? Use this simple equation:%0A%0ABTCP Earned = ZCL you mined for Fund x 62,500/(Total ZCL donated by pool)%0A%0A %0A%0AHere are some examples of how this will work:%0A%0A %0A%0A1) If 20,000 ZCL are mined at the end of the program, and you mined 100 ZCL, you would get 312.50 BTCP (10062500/20000)%0A%0A2) If 30,000 ZCL are mined at the end of the program, and you mined 200 ZCL, you would get 416.67 BTCP (20062500/30000)%0A%0A3) If 40,000 ZCL are mined at the end of the program, and you mined 300 ZCL, you would get 468.75 BTCP (30062500/40000)%0A%0A4) If 50,000 ZCL (program cap) are mined at the end of the program, and you mined 400 ZCL, you would get 500 BTCP (40062500/50000)%0A%0A %0A%0AIf you have any questions, please feel free to reach out. %0A%3Cb%3E%0AIt's now even MORE profitable to dedicate hash power to this pool. \n Many of \n",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"altcoins\",\"cryptocurrency\",\"hash\",\"technology\"],\"image\":[\"https://steemitimages.com/DQmX1Qkj4jx1MSp81v4Nj6fscf3Ljfs9ZZm1XvqaP9mYGY4/NHBTCPTransparent.png\",\"https://steemitimages.com/DQmPi8oLdofQVyFuTq4GkpSS4wUJA7HWcdQhrMjFZxsjtBT/1.jpg\",\"https://steemitimages.com/DQmRRRPb23z5EXsjUNKE68xyK3xqhWDQYHQQbhHr8z8nhvc/2.jpg\",\"https://steemitimages.com/DQmbMNDHCXcUfoeSE7k5A2soa3UEpRvYQDUWcsu6NFMdN55/3.jpg\",\"https://steemitimages.com/DQmZsKbYtYxAG89Ks3yPr9fox4tD6hkhHihhz5KhKvMWHer/4.jpg\",\"https://steemitimages.com/DQmZ5tMdGw2A6ByfTwRpjxHVAjpMc9WzmD4WmuCZNc5tz3i/5.jpg\",\"https://steemitimages.com/DQmTLH1awnsKiMKqkdjcHkcVY4hrbQEofxAWYkhfLkKtuf3/6.jpg\",\"https://steemitimages.com/DQmfAAjTfJCdbUfzdh53Ke5tzZcArJSkZz8yop5wp2iRwdg/7.jpg\"],\"links\":[\"https://www.reddit.com/r/BitcoinPrivate/comments/7txoej/increasing_incentive_for_voluntary_miner/\",\"fund.zclassic.org\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "panicmode",
      "permlink": "bitcoin-private-has-updated-the-mining-reward-program-make-the-most-of-it",
      "title": "Bitcoin Private has updated the mining reward program, make the most of it!",
      "body": "<center>![NHBTCPTransparent.png](https://steemitimages.com/DQmX1Qkj4jx1MSp81v4Nj6fscf3Ljfs9ZZm1XvqaP9mYGY4/NHBTCPTransparent.png)</center>\n# <center>►More updates from the Bitcoin Private Team◄</center>\n<b>\n<b>\n### [This time we're getting a major update to the ZClassic Miner Donation Program](https://www.reddit.com/r/BitcoinPrivate/comments/7txoej/increasing_incentive_for_voluntary_miner/)\n<b>\nAs many of you are already aware, the Bitcoin Private Team has set up a mining donation program in order to fund the most critical initiatives of the Bitcoin Private project's development. \n<b>\nI've seen a lot of very positive feedback about this announcement, however there were also some people who felt left out because they did not own a ton of mining equipment and wouldn't be able to receive this bonus. Now that the bonus structure has changed, there is a chance to receive a significantly higher payout per ZCL mined. Rather than go over the specific details (click the link above for that), I'd like to show you how you can participate in this initiative via Cloud Mining services! This eliminates the need for expensive mining hardware, but still ensures you receive the most BTCP possible for the upcoming fork.\n<b>\nMany of you may be familiar with websites like Nice Hash (which i'll be using in this example) but the process should be largely the same with any of these services you'd like to use. \n<b>\n<b>\n<center>\n## ••Step 1••\n![1.jpg](https://steemitimages.com/DQmPi8oLdofQVyFuTq4GkpSS4wUJA7HWcdQhrMjFZxsjtBT/1.jpg)\nCreate an account with Nice Hash, go to the \"For Buyers\" menu and click the \"My Pools\" option\n<b>\n## ••Step 2••\n![2.jpg](https://steemitimages.com/DQmRRRPb23z5EXsjUNKE68xyK3xqhWDQYHQQbhHr8z8nhvc/2.jpg)\nClick \"Add Pool\"\n<b>\n## ••Step 3••\n![3.jpg](https://steemitimages.com/DQmbMNDHCXcUfoeSE7k5A2soa3UEpRvYQDUWcsu6NFMdN55/3.jpg)\nEnter the information as seen above, you'll need to enter the \"username\" as YOUR ZCL WALLET ADDRESS, and you may use any password you like. Click \"Update Pool\"\n<b>\n## ••Step 4••\nhttps://steemitimages.com/DQmZsKbYtYxAG89Ks3yPr9fox4tD6hkhHihhz5KhKvMWHer/4.jpg\nGo to the \"For Buyers\" menu again, this time click \"Marketplace\" and click the \"Enable Orders\" button\n<b>\n## ••Step 5•• \n![5.jpg](https://steemitimages.com/DQmZ5tMdGw2A6ByfTwRpjxHVAjpMc9WzmD4WmuCZNc5tz3i/5.jpg)\n<center>In the \"Buying\" section under the settings menu, click enable and then complete the email verification step</center>\n<b>\n## ••Step 6••\n![6.jpg](https://steemitimages.com/DQmTLH1awnsKiMKqkdjcHkcVY4hrbQEofxAWYkhfLkKtuf3/6.jpg)\n<center>Go to the \"Wallet\" menu and deposit BTC in order to pay for your Hash order</center>\n<b>\n## ••Step 7••\nhttps://steemitimages.com/DQmfAAjTfJCdbUfzdh53Ke5tzZcArJSkZz8yop5wp2iRwdg/7.jpg\nGo to the Marketplace and click \"Standard Order\", choose the pool and enter the price. Then click \"Place Order\"\n<b>\n<b>\n</center>\nAnd you're done! Now you can sit back and let the the mining service do all of the work. Just keep in mind that your ZCL wallet address can be used to track your miners progress [HERE](fund.zclassic.org), and that your BTCP will be credited to you after the fork is completed.",
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      "body": "@@ -14,10 +14,10 @@\n or t\n-e\n h\n+e\n  pos\n@@ -66,11 +66,10 @@\n can \n+b\n e\n-b \n set \n",
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      "body": "hi,\n\nthanks for teh post. To anyone interested in how the mining can eb set up please read my [small introduction](https://steemit.com/bitcoin/@hoffmann/introduction-to-mining-zclassic)  to get you started",
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      "body": "Thanks for your answer. 👍",
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      "body": "yea, tons of news in short time. I think once we find out about snapshot and support for fork on exchanges would be huge.",
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      "body": "I'm really excited about the future of the project, it would seem that there was a bit of post news dump but I think we'll see a lot of upward price movement very soon.",
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      "title": "",
      "body": "### ![bitcoinprivate](https://pbs.twimg.com/profile_images/947266628915302400/BLhh8LLn_normal.jpg) **[Bitcoin Private](https://twitter.com/@bitcoinprivate/status/957440592728018946)** tweeted @ 28 Jan 2018 - 02:30 UTC\n\n> We're pleased to release the Zlassic Electrum Wallet Beta to our community! Available to download here:… [twitter.com/i/web/status/9…](https://t.co/HbztJHHybv)\n\n\n### ![bitcoinprivate](https://pbs.twimg.com/profile_images/947266628915302400/BLhh8LLn_normal.jpg) **[Bitcoin Private](https://twitter.com/@bitcoinprivate/status/957770524435902466)** tweeted @ 29 Jan 2018 - 00:21 UTC\n\n> Attention Bitcoin Private community! The BTC+ZCL snapshot date for the long awaited Bitcoin Private Hardfork will o… [twitter.com/i/web/status/9…](https://t.co/gmxCvM0sXm)\n\n\n###### *Disclaimer: I am just a bot trying to be helpful.*",
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      "title": "Bitcoin Private Update - The snapshot date has been announced!",
      "body": "![](https://steemitimages.com/DQmYHbfFaaco9dv7HeTPanYG4ZLfhBkYdb7sf7NNVcpnZ4J/image.png)\n\n**As promised the Bitcoin Private team dropped some HUGE news today! \nThe snapshot date for ZClassic and Bitcoin holders will be 02/28/2018!!**\n\nThis has been an amazing weekend for Bitcoin Private and security as a whole. On Saturday [Jake Brutman](https://twitter.com/CryptoJake22) *(Operations Lead)* and [Tai Zen](https://twitter.com/HeyTaiZen) *(Lead Spokesperson)* gave a private talk to a live crowd, and on Sunday Tai and Jake returned to the stage with the addition of [Reegan Lessie](https://twitter.com/ReeganLessie) *(Lead Privacy Advocate)* and [Rhett Creighton](https://twitter.com/heyrhett) *(Founder of Bitcoin Private)* during a live streamed event that included the announcement followed by a Q&A.\n\nDuring the live streamed event Tai Zen addressed what Cryptocurrency is, why it's important, how privacy helps everyone, and how Bitcoin Private adds to this movement going forward. Jake then added some specific information regarding Bitcoin Private, talked about his experience thus far and some future plans for Bitcoin Private. Reegan discussed privacy overall and how each of us has the right to keep our information secret, should we choose to do so. She added that the way you spend your money is your business and should not be shared across the globe, even if you have nothing to hide. Finally Rhett took to the stage to brief the audience on ZClassic's and Bitcoin Private's history, where the idea came from, and how he plans to move forward with Bitcoin Private. Overall it was an excellent presentation filled with valuable information and insight from the people at the forefront of this movement.\n\nSome brief points made during the talk:\n\n• In about one month over 100 individual contributers have joined the Bitcoin Private team\n• The [ZClassic Miner Donation Program](http://fund.zclassic.org) is going great, now with about 18% of the network's hash being directed to it\n• The [Electrum Wallet](https://twitter.com/bitcoinprivate/status/957440592728018946) is now functional and has been released, and shielded transactions are rapidly approaching\n• Community talent has been and is continuing to be sourced, joining the public Discord is the best way to help\n• The Snapshot date has been announced [(02.28.2018)](https://twitter.com/bitcoinprivate/status/957770524435902466)\n\nAs I have said before, the mining program is a great way to help the team and gain additional BTCP tokens. If you are not a miner, you can also get BTCP by holding either ZCL or BTC at the time the snapshot is taken. At the time this is posted you can currently get ~80 ZCL tokens for the price of 1 BTC. This offers a fantastic conversion rate for those holding BTC but looking forward to the Bitcoin Private's release. You can currently trade BTC for ZCL tokens on Bittrex as well as Cryptopia. \n\nThe Bitcoin Private team has been *on fire* for the past month, and there is no sign of slowing down any time soon!\n\n[Bitcoin Private Official Subreddit](http://www.reddit.com/r/bitcoinprivate)\n[Official Bitcoin Private Website](http://www.btcprivate.org)\n[Bitcoin Private Twitter](https://twitter.com/bitcoinprivate)\n[Follow me on Twitter!](https://twitter.com/paniccrypto)",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"altcoins\",\"cryptocurrency\",\"money\",\"privacy\"],\"image\":[\"https://steemitimages.com/DQmYHbfFaaco9dv7HeTPanYG4ZLfhBkYdb7sf7NNVcpnZ4J/image.png\"],\"links\":[\"https://twitter.com/CryptoJake22\",\"https://twitter.com/HeyTaiZen\",\"https://twitter.com/ReeganLessie\",\"https://twitter.com/heyrhett\",\"http://fund.zclassic.org\",\"https://twitter.com/bitcoinprivate/status/957440592728018946\",\"https://twitter.com/bitcoinprivate/status/957770524435902466\",\"http://www.reddit.com/r/bitcoinprivate\",\"http://www.btcprivate.org\",\"https://twitter.com/bitcoinprivate\",\"https://twitter.com/paniccrypto\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "bf316408d09adb5afd29971e2a331888de3ac626",
  "block": 19390115,
  "trx_in_block": 49,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-01-29T02:22:42",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "altcoins",
      "author": "panicmode",
      "permlink": "bitcoin-private-update-the-snapshot-date-has-been-announced",
      "title": "Bitcoin Private Update - The snapshot date has been announced!",
      "body": "![](https://steemitimages.com/DQmYHbfFaaco9dv7HeTPanYG4ZLfhBkYdb7sf7NNVcpnZ4J/image.png)\n\n**As promised the Bitcoin Private team dropped some HUGE news today! \nThe snapshot date for ZClassic and Bitcoin holders will be 02/28/2018!!**\n\nThis has been an amazing weekend for Bitcoin Private and security as a whole. On Saturday [Jake Brutman](https://twitter.com/CryptoJake22) *(Operations Lead)* and [Tai Zen](https://twitter.com/HeyTaiZen) *(Lead Spokesperson)* gave a private talk to a live crowd, and on Sunday Tai and Jake returned to the stage with the addition of [Reegan Lessie](https://twitter.com/ReeganLessie) *(Lead Privacy Advocate)* and [Rhett Creighton](https://twitter.com/heyrhett) *(Founder of Bitcoin Private)* during a live streamed event that included the announcement followed by a Q&A.\n\nDuring the live streamed event Tai Zen addressed what Cryptocurrency is, why it's important, how privacy helps everyone, and how Bitcoin Private adds to this movement going forward. Jake then added some specific information regarding Bitcoin Private, talked about his experience thus far and some future plans for Bitcoin Private. Reegan discussed privacy overall and how each of us has the right to keep our information secret, should we choose to do so. She added that the way you spend your money is your business and should not be shared across the globe, even if you have nothing to hide. Finally Rhett took to the stage to brief the audience on ZClassic's and Bitcoin Private's history, where the idea came from, and how he plans to move forward with Bitcoin Private. Overall it was an excellent presentation filled with valuable information and insight from the people at the forefront of this movement.\n\nSome brief points made during the talk:\n\n• In about one month over 100 individual contributers have joined the Bitcoin Private team\n• The [ZClassic Miner Donation Program](http://fund.zclassic.org) is going great, now with about 18% of the network's hash being directed to it\n• The [Electrum Wallet](https://twitter.com/bitcoinprivate/status/957440592728018946) is now functional and has been released, and shielded transactions are rapidly approaching\n• Community talent has been and is continuing to be sourced, joining the public Discord is the best way to help\n• The Snapshot date has been announced [(02.28.2018)](https://twitter.com/bitcoinprivate/status/957770524435902466)\n\nAs I have said before, the mining program is a great way to help the team and gain additional BTCP tokens. If you are not a miner, you can also get BTCP by holding either ZCL or BTC at the time the snapshot is taken. At the time this is posted you can currently get ~80 ZCL tokens for the price of 1 BTC. This offers a fantastic conversion rate for those holding BTC but looking forward to the Bitcoin Private's release. You can currently trade BTC for ZCL tokens on Bittrex as well as Cryptopia. \n\nThe Bitcoin Private team has been *on fire* for the past month, and there is no sign of slowing down any time soon!\n\n[Bitcoin Private Official Subreddit](http://www.reddit.com/r/bitcoinprivate)\n[Official Bitcoin Private Website](http://www.btcprivate.org)\n[Bitcoin Private Twitter](https://twitter.com/bitcoinprivate)\n[Follow me on Twitter!](https://twitter.com/paniccrypto)",
      "json_metadata": "{\"tags\":[\"altcoins\",\"bitcoin\",\"cryptocurrency\",\"money\",\"privacy\"],\"image\":[\"https://steemitimages.com/DQmYHbfFaaco9dv7HeTPanYG4ZLfhBkYdb7sf7NNVcpnZ4J/image.png\"],\"links\":[\"https://twitter.com/CryptoJake22\",\"https://twitter.com/HeyTaiZen\",\"https://twitter.com/ReeganLessie\",\"https://twitter.com/heyrhett\",\"http://fund.zclassic.org\",\"https://twitter.com/bitcoinprivate/status/957440592728018946\",\"https://twitter.com/bitcoinprivate/status/957770524435902466\",\"http://www.reddit.com/r/bitcoinprivate\",\"http://www.btcprivate.org\",\"https://twitter.com/bitcoinprivate\",\"https://twitter.com/paniccrypto\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "ab67d6949cedc257e4be90e5027c2745a8fc4962",
  "block": 19388730,
  "trx_in_block": 30,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-01-29T01:13:27",
  "op": [
    "comment",
    {
      "parent_author": "n0maddrwhat",
      "parent_permlink": "re-panicmode-you-can-now-receive-a-25-bitcoin-private-bonus-for-mining-zcl-20180128t193845104z",
      "author": "panicmode",
      "permlink": "re-n0maddrwhat-re-panicmode-you-can-now-receive-a-25-bitcoin-private-bonus-for-mining-zcl-20180129t011327329z",
      "title": "",
      "body": "Mining in the pool is how the donation is taken via a 100% mining fee, your contribution is recorded and the BTCP will be sent post fork.",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}