EDIT WARNING: There aren’t any credits available at the moment so be careful. The sellers who say they have credits are often scammers so please be careful and don’t get carried away.

here are the steps and i'm happy to go into more detail if you get stuck. I'm new at this so fair warning if this isn't the most efficient or secure way to go about this.

1. Get an AWS account. they asked me for a credit card and a day or two waiting period to be approved.
2. Setup an EC2 instance. You can use one of their "t" instances for free to setup your instance. To learn about the instance types you google "aws instance types". But basically the “c” instances are the ones you want because they are made specifically for computing. I tried the t instances but they are “burst” instances which means they will run your mining at full speed for a couple hours and then they’ll drop down to 10% capacity because you basically use up your “burst” credit. And they also have GPU instances I think.
3. Pick “ubuntu” for your instance and start it up. you don’t want to use windows instances because they costs twice as much per hour. Use putting to connect to your instance. google “connect to AWS using putty” and follow that guide.
4. Update your ubuntu, download the miner, and install it. Here are commands I used:

sudo apt-get update
sudo apt-get install build-essential libssl-dev libcurl4-openssl-dev libjansson-dev libgmp-dev automake
git clone https://github.com/JayDDee/cpuminer-opt
cd cpuminer-opt
./autogen.sh
CFLAGS="-O3 -march=native -Wall" CXXFLAGS="$CFLAGS -std=gnu++11" ./configure --with-curl
make

6. Then you want your miner to startup when the instance starts up. I used /etc/rc.local where you can list commands to be run when your instance starts up. I used vi and added the following to rc.local:

cd /
cd /home/ubuntu/cpuminer-opt
./cpuminer -a yescryptr16 -o stratum+tcp://crypto.n-engine.com:6233 -u <your-wallet> -p c=YTN

5. Now you can close the command line, stop the instance and restart it to see if the mining program opens automatically and connects to the pool. Now that this instance is setup, you want to stop it and create a disk image so you can load up many versions of and they’ll all have the mining software and autostart. Google “how to create an aws ami” and follow that guide.
6. And then create your instances using the aws spot request feature: Spot requests > request spot instances > select Request and Maintain, target capacity = 12 and change instances to CPU, Search for AMI and select the AMI you created, select all the “c” instance types, select "lowest price", you can use automatic bidding but I selected a max price of $.012 per CPU. With these settings you’ll probably have 3 instances startup each with 4 CPU for a total of 12 CPU. Once you confirm that they are connecting to the pool successfully, you can edit your request to initialize however many CPUs you want.
7. Lastly, go to the Digital Goods section of this forum and buy AWS credits. There are a lot of scams I think, so be careful, but the users BackToCali and PokemonGoArena are legit.

Doing the bid on spot instances gives you an 80% discount on AWS EC2, and then the AWS credits are going for another 80%-90% discount, so I believe it’s the cheapest way to CPU mine and it comes out to around 60-150 sat per ytn depending on difficulty and how discounted the AWS credits are.

Donate a couple YTN if you get it working just so I know it helped: YmNaNPkC5FkXj7o8LWMbytrQZc5rD1iQAf

EDIT: It’s more spendy, but you can get a lot more hashrate if you choose the bigger “c” type instances. The largest “c” option has 64 virtual CPUs, and each cpu is essentially it’s own very powerful thread. My aws account is limited to 28 of these instances and together they can achieve around 95 kh/s.

I set up 240 CPU instances on AWS to try it out for a few days and I got about 20kh/s hashrate, and i'm happy to show anyone else how to do it because I think these guys need the competition.

Amazon miners will bid for compute power and at a 80% discount offf reserved compute power. then they buy $200 of aws credit for $20 from the digital goods forum and can mine yenten for about 30-50 sat i believe, and that price will increase if difficulty rises.

we gunna hit a $10k volume day on coinsmarket by jan 1st.

witness?

Yes. all sounds right.

i should mention that i dont believe the aws guy dumped his coins. It looks like he mined 36,000 coins on the first pool at a rate of 18k ytn a day, then switched to the other pool a few days later and mined another 36k at 10k ytn a day. i assume he is above 100k coins by now maybe even above 150k. We havn’t had a market dump of even 10k so im pretty sure he’s holding the majority. also i can see others doing the same thing who have 10-50k coins as well.

im not really sure what i meant by “natural”. i guess there’s no premine and no monopoly on mining. if whales dumped the market even now then we’d just be able to buy this coin for super cheap, cheaper than we can mine it ourselves and that would be great. it would be as if someone else is mining unprofitably FOR us.

either way, the hashrate has doubled as the price has dropped which is bazarre. lots of people are expending thousands of dollars in resources mining this coin and that is a really, really good sign.

Agree. I have a feeling the developer didn't think this would take off and so there's no pre-mine or high expectations. It's ironic. Also, I haven't followed a lot of CPU coins on markets from their start, but it seems like the hashrate and market price progressions have been very natural.

hashrate moving back toward 400 and difficulty hit .036 overnight. this coin is bananas and i have no idea how it will play out but so far what a ride.

see look we even have this bot on our side. so promissing. it's like, the most promissing.

Don't be sad. The price will drop all the way down to the cost of mining. A big miner with cheap aws access will mine it at 150 sat per coin and continue to flood the market with coins as low as 151 sat for a 1 sat profit, and if they can't sell it for 151 then they'll turn redirect their miners and difficulty will drop. So most of us are either mining it at a loss or buying it at a higher price than others can mine it at.

Which is all fine because those big miners have their own competition with others who are dumping their stash asap before someone else crashes the price. Plus the more us little guys mine it unprofitably the more difficult it is for the big guys to make a profit.

(miners continue to mine despite unprofitability) or (profitable miners don't sell their mined coins) = (price will rise)

keep mining! Give the sellers something to regret. We'll have to absorb the 36k/day coins but tables will turn.

Nice.

I'm saving for our bearwhale. In fact I call dibs. I hope he has 100,000 coins and I hope he sets his price high and I hope his bearwhale head fits nicely above my fireplace.

Not sure. I'd love to know the details of the algorithm, the level of privacy, what the actual bottleneck is with the mining (seems like its limited threads or l2 memory), and i'd like someone with more technical knowledge to do an in-depth assessment of all the github files. I guess when a bigger invest comes along they'll have the resources to answer all those questions.

So far though the mining increases have been smooth and it hasn't quadrupled or anything like that, which maybe means the algorithm is difficult to "crack". In any case, that means most of us early miners are small guys and as long as that is true I'll keep mining.

Can anyone tell me how much electricity they are using to mine this?

"I know a guy who pays all his bills in Yenten. He even pays his child support in Yenten."

FYI: it takes a $10,000 daily trading volume to get onto CoinMarketCap.

Three solid pools now, plus some intermittent buying frenzies on coin market, plus it’s totally still mineable on my pc which i really didnt think would be be the case two weeks in.


https://discord.gg/DdNHWs

Okay let’s ask your two questions. conan-equal-newone:
1. What are the plans for Yenten?
2. Are you a six year old?

oh i see you don't need any help with your english when you're fudding.

this forum never ceases to make me laugh.

my favorite thing about this coin is that the normies understand the sarcasm and the joke, and the people who fud and poke fun at it by trying to take it seriously, well, let's just say those people make themselves too obvious and they dont even realize it. reminds me of pepe tbh.

can someone who is not a newbie post these geeze

i don't understand why we are in a rush to hype.

we are listed on an excellent and working exchange. if we get listed on more then we'll just attract speculators. maybe we'll see a bump in price in the short term but all those buyers will be quick to dump later. 50k or whatever the exchanges are asking for is a joke. joke exchanges listing joke coins. yenten is worth more than that.

and if we hype with sig bounties then we just attract more miners and more difficulty and we'll attract the type of miners who will dump their share in the short/med term.

let them come to us. yenten is the last best altcoin.

no one selling and there’s someone eager to accumulate at a high cost. but at 36,000 coins a day it should drop back down i hope.

that guy with the aws instances mined 36,000 coins alone from the pool and i doubt he’ll hodl

signature bounties are only good if you want people to know about your coin so you can sell. miners would prefer the difficulty stay low.

but if someone made a signature banner using the image from the site that said "Yenten is only for 21y or older man" then i'd use it

also we're asking the wrong questions here why did the dev post his blood test and insulin resistance at the bottom of the site?

discord.gg/KhvgJA