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Anyone else GPU mining this?
Also if you are using a cpu make sure you have dual channel memory for a big boost in hash rate. I have not tried it with a quad channel setup but I have a hunch you would see some performance boosts.
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What happened to MERIT?  ? Where did everyone go??? Did you guys get scammed??? Was I right??? I think so  The network is being attacked causing the chain to slow and allowing one person to control the network. Its healthy to regard everything in the crypto world with caution. Depending on how the devs react to the threat will indicate the longevity of the project. |
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Nice to see the BERNcash is still alive and kicking and the community is actually friendly and being civil to one another here on Bitcointalk. This is really a breath of fresh air!
WOW! ... Long time no speak or see mate  Glad to see you are still around. #crysx Thanks @chrysophylax I appreciate the warm welcome, now time to find and fire up my old BERNcash wallet! |
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Nice to see the BERNcash is still alive and kicking and the community is actually friendly and being civil to one another here on Bitcointalk. This is really a breath of fresh air!
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If these existed now I would jump at the chance to grab a few, unfortunately the waiting game for these type of projects can extend way past what most people are comfortable with. I think the kickstarter idea might not be a bad way to go with this.
Thanks, so what do you think of our price point. for ultraminer, we can potentially go with lower price with cheaper fpga, but the performance would be lower as well. However the $1099 is probably the lowest price we can make for Virtex based UltraminerPlus The price is reasonable if you compare it to the other options available, the only reason I might consider going with a cheaper fpga would be if you could produce it faster and in smaller batches. I would much rather have a FPGA that can do 12 mhs on Lyra2z @ 60w delivered in under a month than one that can do 25-35 mhs @ 60w-80w 4 months from now. |
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If these existed now I would jump at the chance to grab a few, unfortunately the waiting game for these type of projects can extend way past what most people are comfortable with. I think the kickstarter idea might not be a bad way to go with this.
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With the new fork it looks like mining rewards for pow are dropping to 5 from 10 per block, is this correct or am I mistaken?
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Unfortunately i think this might be misinformation (not from you but crypto mining blog). The miner stated on the site doesnt seem to support merits mining algorithm. Though, there is a linux only amd miner listed under "cuda experimental" that i cant speak for. Says that if it performs well it could be implemented in the main branch.. that could be the one they meant. Do correct me if im wrong. Funny that was brought up though as i was wondering if anyone would be willing to share their cycles/s with their processors. With as many as there are on the market im curious at the performence of some of them. The linux version works great on my Nvidia cards for Merit, I will see if I can dig up an AMD card and compile the AMD miner on linux to see what is available and working. Edit: Looks like only the 22i algo is available for AMD cards, so it looks like I jumped the gun on this one but hopefully they will have an AMD merit miner soon. |
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In the discord, silence, moves in the market very small. The number of miners is decreasing. https://merit.disifi.com Network The last 5 invited at last week have a zero balance. Developers are silent, no announcements. I try to invite people I know or have some interaction with and in my case they are typically miners with Nvidia gear. Vetting those invites lets me know they have the ability to mine the coin and support the network. |
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I managed to mine quite a few invites with my small Nvidia farm, I want to make sure I am inviting people that I can verify will be legit users. Does anyone know if the mined invites expire after a certain amount of time?
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I was hoping that after posting the announcement on this forum, the number and volume of transactions on this coin will increase, but most likely the stagnation will continue until there is a listing on a well-known exchange. A good exchange is a good coin!
Typically Bitcointalk is a good place to announce a new coin before it starts to get mined, unfortunately for whatever reason it was announced here a long time after that. The reason its always a good idea to announce a project here before it starts to get mined is to give everyone a fair shot in the beginning when rewards tend to be the most lucrative. While it's true mining started before the announcement, I wouldn't say it's typical that new mining projects are announced before it starts (on bitcointalk). At least for the past few years I've been around. Sure you have always had ninja launches for years, but you are more likely to gain attention from people who have more influence if you announce a fair launch. I still think this project has a chance to be successful over time, I just would have preferred a pre-launch announcement here. |
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I was hoping that after posting the announcement on this forum, the number and volume of transactions on this coin will increase, but most likely the stagnation will continue until there is a listing on a well-known exchange. A good exchange is a good coin!
Typically Bitcointalk is a good place to announce a new coin before it starts to get mined, unfortunately for whatever reason it was announced here a long time after that. The reason its always a good idea to announce a project here before it starts to get mined is to give everyone a fair shot in the beginning when rewards tend to be the most lucrative. |
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Looks interesting, will probably mine a few and check back in a year or so and see how things are going. I am def not a MLM or pyramid guy so I wont be like some of those fat cats at the top with 20,000+ because they started mining and inviting before it was announced on Bitcointalk.
Definitely report back here for others when you start mining - It would be cool to get your feedback and hear how the whole process went from Invite to mining. For the others thinking about how this works, I put together a Merit Invite Video that describes and shows the process. https://youtu.be/KrPVbkJ1IZoWhen it comes to MLM vs Pyramid vs ? - we've had a lot of great conversations in this thread about how it works. Even though there are some guys that got in early- that doesnt mean they are at the top forever. Since Proof of Growth is a lottery, and based on the community growth score. It is possible that the whales just sit on their piles and go inactive. Someone brand new YES can pass them up. You can even get a community growth score higher than the person who invited you (I did). If it was an MLM / pyramid structure- you would get 10% of the merit mined by the person under you -and 8% for their people and 5% of theirs etc... it would be based on strict volume of mined Merit. As a new person -you would never get to pass the person above you. that's why so many of them fail out there. Now Im not saying it doesnt have referrals and a "market your community" vibe (I said a few pages ago that's part of the reason Im around). But the growth rewards and Proof of Growth are all random and rewarded per block. Having more people now just gives you more chance to win the lottery - but it's still very much a lottery. I type all of that out to say - someone brand new today - could very easily get their community into the top group if they recruit real people and it's active etc. I hope that helps make sense of how it's different than MLM/Pyramid Thanks for the info and as far as the sign up and mining process, its as easy as pie. I am testing out different processors to see what the lowest cost processors I can use for a six card rig and still be able to have all 6 gpus run at full mining speed. It looks like an i3 8100 is at the top of the list so far and on the AMD side a ryzen 1300x is able to run 5 cards so I imagine a Ryzen 1400 would do fine with 6 or more. |
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Looks interesting, will probably mine a few and check back in a year or so and see how things are going. I am def not a MLM or pyramid guy so I wont be like some of those fat cats at the top with 20,000+ because they started mining and inviting before it was announced on Bitcointalk.
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What kind of power draw are you getting from the D9 the wall when you set these to efficient mode? I am thinking about picking one up used and was curious about the heat and noise levels when they are run in low power mode.
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Looking forward to feedback once people start getting the first batch, I decided to hold off until these are sold by distributors on ebay or amazon similar to the way the moonlander2 is sold.
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Newest version has been reported to work with Elitehash pools ( http://gin.elitehash.net). Haven't tried this personally but I'm the pool operator. Every share submitted by it still causes a JSON parse error, but mining works normally. strat.mining.stratum.proxy.network.StratumConnection - JSON-RPC Parsing error with line: com.fasterxml.jackson.databind.JsonMappingException: No content to map due to end-of-input Mining works, but it seems not to be registered by the pool even after a few hours, went back to ccminer and it works like a charm. I think we might've fixed the issue with elitehash.net pool in the latest version. Could you try it? I've updated the download links in the first post (v0.4b). Looks like that did the trick, thanks for the updates and the fix. |
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Newest version has been reported to work with Elitehash pools ( http://gin.elitehash.net). Haven't tried this personally but I'm the pool operator. Every share submitted by it still causes a JSON parse error, but mining works normally. strat.mining.stratum.proxy.network.StratumConnection - JSON-RPC Parsing error with line: com.fasterxml.jackson.databind.JsonMappingException: No content to map due to end-of-input Mining works, but it seems not to be registered by the pool even after a few hours, went back to ccminer and it works like a charm. |
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Important announcement - if you own a GIN MN, this is particularly important. If you don't, it's still big news. So... We built a bitchin' investment dashboard. We added PIVX. We added DASH. And now... Our dev team has put together a kick-ass infrastructure that allows us to add a massive number of coins in a short time. And we do mean massive. Colossal. This means more people could run more MNs more easily (especially cheaper ones, good for risk-averse newcomers). It will not be easy on our dev team, and managing a lot of coins without pre-vetting them could be a hassle. BUT! We'd also leave all our lookalikes in the dust. It's a preemptive strike and your finger is on the button. We trust our community so the pleasure of deciding how far we go is all yours. The vote will be as follows: 1) We change nothing about our coin admission process; coins have to apply, pay, get reviewed, voted on and listed as they have been until now; this is the cautious approach 2) We go all in, adding as many coins per month as possible (up to 50) and the community flags potentially scammy coins after they've been added (case in which we'd hold a vote on whether we keep'em on or remove them from the platform); this is the bold approach (minor note: coins to be added will still be required to help us with the collateral for a masternode on their blockchain - for testing purposes; any and all other fees will be removed) Oh, and here's the weekly update too - https://medium.com/@gincoin/this-week-in-gin-22nd-of-june-2018-febf9add6d6I think option one is your best bet for the long term since it will ensure that your dev team is not spread too thin and each new addition is looked at as thoroughly as possible. I would like to see shared masternodes at least for GINcoin initially. |
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