The wallet is a bit slow, but three days is crazy
It should take no longer than 1/2 day to a full day depending on your connection speeds What O/S are you running the wallet on?
Win7 x64, i7-6800k, SSD, 100 Mbps connection, 15 peers, wallet v0.8.7.5 (v0.2.1). No rigs, ccminer is reporting 250MHs using just one nvidia 1050ti card lol Using linux, compiled from source. Moved the nvidia on another coin now, I wont bother with this weirdness... A GTX 1070 does 1.3 Mh/s so there's an issue with your miner. Or maybe your card crashed.
|
|
|
This coin... None of the reported network hashrates are correct (suprnova, mph, chainz), I can't make heads or tails of the difficulty trying to calculate how long would it take to find a block with my hashrate and at times the wallet syncs slower than the speed of new blocks being found.
This... 250MHs reported by ccminer, not a single share accepted for hours. What is up with the numbers here, nothing is right 250 Kh/s or 250 Mh/s with multiple rigs? The default port for suprnova (1596/1569) has a difficulty of 32 which is huge, even for a 6 card rig (1.3 Mh/s per 1070). I'd argue that's way too high even for 10 minute blocktimes but Zcoin periodically have much faster blocks (closer to 1 minute). Blocks being found faster than you can send shares is wasted hash. And if you use the lower difficulty port 1598 (difficulty 1) vardiff will soon kick the difficulty way up then way down which repeats over and over again. Just did a test with 7.54 Mh/s and from diff 1 vardiff jumped to 7.5 > 20.83 > 5.68 > 1.16 > 2.27 > 16.28 > 8.88 > 2.22 > 1.28 > 8.64 in 10 minutes or 70 shares. That's way too much fluctuation. As a completely different note, my wallet is still only at 13545 blocks after a bit over 3 days.
|
|
|
128 CORE CPU ONLY CRYPTONIGHT RIG-- I suspect 32 4-core Raspberry Pi 3.0 cards, but the rig is proprietary. Here is the link: https://gpushack.com/collections/gpushack/products/gpushack-128-core-pro . The cost is $2000 US dollars. The output is 3.6kH XMR hashrate at 1000W. For comparison, I have a 6-card RX 460 rig that generates 1.95 kH XMR hashrate at 600W using Wolf0's SGminer-GM. --scryptr The power consumption of 32 RPi 3's is just a bit over tenth of 1000W. I suspect some older Xeons or maybe Opterons.
|
|
|
New ATH at 0.00002824 and there's not that much in the way of breaking 3k which I think is still underpriced even now, let alone a few months from now.
|
|
|
Lyra2Z definitely can be improved immensely. Any of the developers are looking to make some money, take a look at the new miner. It's silly slow based on the power consumption.
Not really worth hiding the Zcoin relaunch at this point. Enough people with loose lips ruined it already.
It barely covers electricity so you would need 3-4x faster speeds to make it worthwile. You need 125 x 1070 just to hit a block a day ($82) or it's $0.65 per card currently before electricity (diff 3273). And their wallet is a piece of crap I've never seen before, it synced 9500 blocks in 24 hours and you can't use bootstraps.
|
|
|
Cpu mining?
An i7-6700k does 0.85 Mh/s and the difficulty is 2088. That comes down to 0.32 coins per day if I'm not mistaken.
It's awful to mine even with GPUs.
In fact, that is great news, as it means the coin is undervalued, and the price should jump up soon. If mining were cheap, miners would just dump on the market. While at the current situation, miners will not sell cheap, this is to the benefit of all us there is something called fixed supply, it doesn't matter how many miners there are the same amount of coin will be produced, therefore unless you are talking about hype, the coin will not get any pump Nope, I am not talking about hype. The thing is - to produce that same "fixed supply", now more electricity is being spent. So this makes the coin more expensive for all of the miners. Hence this should reflect on the coin price. Or, alternatively, the hashrate will drop soon, and diff will go down. This is actually very likely scenario. But if it doesn't happen, price will jump. Most miners sell off coins for peas instead of holding for speculative increase and many of them won't even bother calculating their future profit; they just mine and get surpised and angry if they don't like the results. So most likely the diff will go down, instead of the price going up. I think the new algo is profittable only for farm and not for little miner
When is that not true? Your earnings are tied to how much you invest on a farm.
|
|
|
Cpu mining?
An i7-6700k does 0.85 Mh/s and the difficulty is 2088. That comes down to 0.32 coins per day if I'm not mistaken.
It's awful to mine even with GPUs.
|
|
|
As far as I know you can't really measure how long someone have been mining. You either find a block or don't, the effort is not documented. And if you make it so it's super easy to find blocks so many people can find them and use that to track their mining period (e.g eveyrone have to mine at least 1 block in X days) then you'll get a huge blockchain fast and likely many forks.
People won't waste electricity (money) mining just to fight inflation. And if hashrate doesn't matter people can just mine with 1% of their CPU so the interest rate is essentially free and it's just a gimmick that you have to mine for it.
And 5% in crypto is laughable if you think about it. The price of most coins move way more than 5% in a single day so holding money solely for the 5% interest in such volatility is kind of stupid.
There's no incentive to mine a coin like this so it will have a poor network open to attacks.
What you could probably do is to have a small block reward plus a certain percentage of the coins in the wallet (address) which mined it. So for example if the blockreward is 5 coins +1% of the address miend it, then a new wallet would earn 5 coins and someone who has 1000 coins would earn 5+10 coins. But that would end up with everyone mining on one pool which has a lot of coins so everyone would earn the most. And rich gets richer system are counterproductive in crypto.
|
|
|
Diff is almost 1400. 75 Mh/s is required to find one block a day.
Even with Nvidia (1.3 Mh/s per 1070), it's already barely covers electricity.
|
|
|
This coin... None of the reported network hashrates are correct (suprnova, mph, chainz), I can't make heads or tails of the difficulty trying to calculate how long would it take to find a block with my hashrate and at times the wallet syncs slower than the speed of new blocks being found.
|
|
|
Seems like a failed launch.
Forks on every pool.
Block 20500 just been found seconds ago on the network ( https://chainz.cryptoid.info/xzc/ with 31 nodes). Pools should follow that.
|
|
|
Hey, anyone have a bootstrap or just the blockchain uploaded somewhere?
Syncing is painfully slow.
|
|
|
I rarely use pools (I prefer solomining if I can) but the owner of suprnova pools (ocminer) is a very trusted member around here.
The problem with profit calculations is that they are based off of a snapshot of the difficulty at the time ignoring that difficulty can vary wildly causing your profit to vary wildly.
And sometimes there are some miner softwares that don't work perfectly with certain pools and you don't see your full hashrate on the pool. Did you check your reported hashrate on suprnova?
As far as I know the unconfirmed balance could have been caused by two things; some of it became confirmed and got paid to you or there was a couple of orphan blocks mined.
|
|
|
Running a full node 24/7 is not cheap. Even if you have free energy access, you have to dedicate the HW and similar. It is especially important at a new altcoin where future is even more unpredictable than BTC network's.
Does the node-base of an altcoin matter as for its price?
Which altcoin has the greatest "network" right now (in number of nodes)?
What altcoin pays the most for running one of its nodes?
Why wouldn't it be cheap? It is dirt cheap, you can run nodes even from a very old laptop which uses like what, 30 watts? That's $31 a year for electricity. And laptops have the added benefit of acting like a UPS due to their batteries. Other than the internet connection (which is pretty much a given), you really don't need to invest into anything. I'm not sure which altcoins has the most nodes though. If you look into masternodes (eg. Dash, PIVX, Sib) you can get paid for hosting them but you have to own a set amount of coins which are usually not cheap (but nothing is that makes you money).
|
|
|
Selling 20k for 300 sat.
Sold.
|
|
|
Pool?
Dev, any pool?
Why the hell would you two mine this shit?
|
|
|
[When I'm a Junior Member,^this will be an actual image instead of a stupid link.]Warning/Legal Disclaimer: Digital Cryptocurrency is exceptionally volatile and can be a financial risk, please do your own homework before investing. These picks are based on my own research over the past few months and were chosen based on multiple pre-reqs including, New Features, Wallet-Ease of Use, Devs, Community, Roadmap and Future Potential. The Mining picks are based for NVIDIA/CUDA GPUs and have been most profitable for myself over the last few months.Nvidia/CUDA Mining Picks: (Hash Based on Nvidia GTX 1070)1. Decred (DCR) Algo: decred - Hash: 2460.00 MH/s2. VertCoin (VTC) Algo: lyra2v2 - Hash: 18.57 MH/s3. LBRY (LBC) Algo: lbry - Hash: 254.95 MH/s4. NEVA (NEVA) Algo: blake2s - Hash: 3704.05 MH/s5. Myriad (MYR) Algo: skein - Hash: 375.80 MH/s6. Verge (XVG) Multi-Algo: blake2s/lyra2v2 Alt Coins To Hold for Q1 2017:1. Decred (DCR)Bitcointalk Thread: https://bitcointalk.org/index.php?topic=1290358.0Official Site: https://decred.org/2. WAVES (WAVES)Bitcointalk Thread: https://bitcointalk.org/index.php?topic=1387944.0Official Site: https://wavesplatform.com/3. Stratis (STRAT)Bitcointalk Thread: https://bitcointalk.org/index.php?topic=1512202.0Official Site: https://stratisplatform.com/4. EmerCoin (EMC)Bitcointalk Thread: https://bitcointalk.org/index.php?topic=362513.0Official Site: http://emercoin.com/5. Counterparty (XCP)Bitcointalk Thread: https://bitcointalk.org/index.php?topic=395761.0Official Site: http://counterparty.io/6. Litecoin (LTC) Bitcointalk Thread: https://bitcointalk.org/index.php?topic=47417.0Official Site: https://litecoin.org/For NVIDIA/CUDA Miners, use CCMiner for mining, I personally recommend tpruvot's version here: https://github.com/tpruvot/ccminer/releasesI plan on posting Q2 and beyond in terms of new alt coin picks / mining picks for the NVIDIA/CUDA Miners out there. The Crypto world is really geared for AMD so trying to give a specific focus to NVIDIA because it does have great potential based on specific algos, lower electricity/power usage, and all around quieter mining experience. Regards, CryptKeeper1979 Nice one.
|
|
|
The coin is removed from CMC now.
I don't necessarily think CMC should delist Yobit, but Yobit (and all exchanges that do this) should be punished for letting people trade while they don't accept deposits and withdrawals or if their wallet is not fully synced. If an exchange allows trading while not allowing people to deposit or withdraw coins, they can set up whatever price they want because there's no arbitrage. That's just a very unprofessional and even just simply a shitty thing to do.
I also don't think the pump has anything to do with Yobit's staff (they could scam money much more silent ways if they wanted to), it's most likely just some people exploiting the situation.
|
|
|
It takes like half a minute for all the cards to start hashing on a dualcore Pentium but after that it's going great (100% GPU usage) so you topped the default intensity. Gigabyte GTX 1070 G1 with +80 Mhz core OC and stock memory: - at 80% TDP I get 2.71 Gh/s; - at 100% TDP I get 2.8 Gh/s; - at 111% TDP I get 2.94 Gh/s without temp throttling (above my go to temp target). I could OC higher but won't bother. At 2.8 Gh/s it's $1.59 per day at the moment which is not very good. PS: None of my G1's are stable at 2100 Mhz for more than a few minutes.
|
|
|
|