Ok, and what does this sentence mean from the first post?
"Coins are earned solely by charging transaction fees."
That means: there is 1 billion coins from the genesis block, and no more, forever. The profit of mining is transaction fees only. I'm down for the transaction fees for revenue, but where do I get my first/initial NXT to start it up. I understand from the beginning it's only 1 billion coins only, period! I know that they are trying to add more features/services. |
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That would be a turn off if buying NXT is required to start mining.
Yea people mentioning it on the 5th page of posts - odd that it wasn't brought up before then. Sounds so ponzi/pyramid scheme-ish. It's cool that on NXT only $0.015 right now, but do I buy it from http://www.dgex.com/index.htm to get it started or can someone just simply send me one and I send it back immediately? The main selling point for me is it the non-requirement of traditional mining hardware (ie. GPU, ASIC and FPGA) and the PoS. It's not PoS mining at all. All coins exist in the beginning, and PoS mining just gets the tiny amount (almost 0 now) of transaction fees. More than 90% of transactions have no transaction fee at all and you are super lucky to mine a block with tx fee 1 nxt even if you have 10M nxt. So forget about mining. If your correct, then there's really no point for me to even give this a try. Thought that the transaction fees created more, but I need more transparent information about NXT. This coin is so clouded at the moment. |
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That would be a turn off if buying NXT is required to start mining.
Yea people mentioning it on the 5th page of posts - odd that it wasn't brought up before then. Sounds so ponzi/pyramid scheme-ish. It's cool that on NXT only $0.015 right now, but do I buy it from http://www.dgex.com/index.htm to get it started or can someone just simply send me one and I send it back immediately? The main selling point for me is it the non-requirement of traditional mining hardware (ie. GPU, ASIC and FPGA) and the PoS. |
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you need to update the first post, like to say you need at least 1 Nxt to mine Nxt - are you supposed to buy your first one or what? seems dodgy.
That would be a turn off if buying NXT is required to start mining. |
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Think they are exists forever. Like Earth, and Sun, and starts in the night sky.
Ok, and what does this sentence mean from the first post? "Coins are earned solely by charging transaction fees." How is this exactly initiated? Because, I'm still at zero NXT for the past hour or so. |
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Still not completely understanding how to get NXT coins. I got it running, show the peers and blocks on the GUI on localhost:7875. C:\Users\USER\Desktop\nxt>"C:\Program Files (x86)\Java\jre7\bin\java" -jar start.jar
2013-12-03 23:30:06.148:INFO:oejs.Server:main: jetty-9.1.0.v20131115
2013-12-03 23:30:06.187:INFO:oejdp.ScanningAppProvider:main: Deployment monitor [file:/C:/Users/USER/Desktop/nxt/webapps/] at interval 1
[2013-12-03 23:30:07.380] Nxt 0.3.7 started.
[2013-12-03 23:30:07.409] Loading transactions...
[2013-12-03 23:30:07.726] ...Done
[2013-12-03 23:30:07.727] Loading peers...
[2013-12-03 23:30:07.761] Loading blocks...
[2013-12-03 23:30:10.621] ...Done
[2013-12-03 23:30:10.622] Loading accounts...
[2013-12-03 23:30:10.716] ...Done
[2013-12-03 23:30:10.718] Loading assets...
[2013-12-03 23:30:10.720] ...Done
[2013-12-03 23:30:10.720] Loading orders...
[2013-12-03 23:30:10.722] ...Done
2013-12-03 23:30:10.743:INFO:oejsh.ContextHandler:main: Started o.e.j.w.WebAppContext@1fce83e{/,file:/C:/Users/USER/Desktop/nxt/webapps/root/,AVAILABLE}{C:\User
s\USER\Desktop\nxt\webapps\root}
2013-12-03 23:30:10.778:INFO:oejs.ServerConnector:main: Started ServerConnector@301ea4{HTTP/1.1}{0.0.0.0:7874}
[2013-12-03 23:38:55.129] 23: java.nio.channels.WritePendingException
[2013-12-03 23:39:16.551] 3: java.nio.channels.ClosedChannelException
[2013-12-03 23:40:05.535] 23: java.nio.channels.WritePendingException
[2013-12-03 23:40:09.644] 23: java.nio.channels.WritePendingException
[2013-12-03 23:40:17.960] 23: java.nio.channels.WritePendingException
[2013-12-03 23:41:33.293] 23: java.nio.channels.WritePendingException
[2013-12-03 23:41:58.285] 23: java.nio.channels.WritePendingException
[2013-12-03 23:42:11.311] 23: java.nio.channels.WritePendingException
[2013-12-03 23:42:25.538] 23: java.nio.channels.WritePendingException
[2013-12-03 23:44:28.572] 17: java.nio.channels.WritePendingException
[2013-12-03 23:45:27.370] 23: java.nio.channels.WritePendingException
[2013-12-03 23:45:27.370] 23: java.nio.channels.WritePendingException
[2013-12-03 23:45:39.445] 23: java.nio.channels.WritePendingException
[2013-12-03 23:45:57.188] 23: java.nio.channels.WritePendingException
[2013-12-03 23:46:42.985] 23: java.nio.channels.WritePendingException
[2013-12-03 23:46:53.106] 23: java.nio.channels.WritePendingException
[2013-12-03 23:47:05.347] 1: java.nio.channels.WritePendingException
[2013-12-03 23:47:05.349] 17: java.nio.channels.WritePendingException
Is everything working ok? |
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XPM, Curecoin, Gridcoin and/or something that has a use to help humanity in a positive way.
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Ypool is down again  Seems just the front-end (web page), the back-end (pool) is still accepting shares. |
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I'm solomining HBN just fine, no idea what's wrong with that one.
The newest client is 1.2.2, they're running an outdated client on the pool.
Perhaps not, there was an issue with HBN tonight. Please make sure you match coinwarz before you solo. I am putting the block chain into a download for ease of re downloading. Sure helps speed the process up. Honestly feel that all cryptos should have an available download of the current block chain from each dev of each coin. This is something lacking in the crypto world. |
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I'm solomining HBN just fine, no idea what's wrong with that one.
I'm just waiting for the blocks to update on the wallet before I solo mine. |
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./cgminer --scryot -o stratum+tcp://hbn.theblocksfactory.com:3336 -u username.worker -p pass
Typical low reject settings (7950)
thread-conccurency 8192
intensity 13
gpu-thread 2
I <3 mining scryot
Does the stratum work on that pool? In general, none of the info is updating on there. Hey we might have a bit of a fork here, coinex.pw is the only working pool and they just crushed the block chain. So just be mindful for a bit while I sort this out.
What is the current diff? CoinEX has 0.5087 and Coinwarz is showing .018, is there a major fork happening? I think the blocksfactory is down.. Best to solo mine as long as you match coinwarz. Guess time to make that conf file for solo mining. The diff is low enough to solo mine. yes jsut make sure you match coinwarz before you start. here are some addnodes 84.22.139.7 159.224.220.21 118.209.0.241 162.243.69.147 91.69.177.224 206.72.202.20 Will do, thanks for the nodes. |
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What addnodes should be used for solo mining?
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./cgminer --scryot -o stratum+tcp://hbn.theblocksfactory.com:3336 -u username.worker -p pass
Typical low reject settings (7950)
thread-conccurency 8192
intensity 13
gpu-thread 2
I <3 mining scryot
Does the stratum work on that pool? In general, none of the info is updating on there. Hey we might have a bit of a fork here, coinex.pw is the only working pool and they just crushed the block chain. So just be mindful for a bit while I sort this out.
What is the current diff? CoinEX has 0.5087 and Coinwarz is showing .018, is there a major fork happening? I think the blocksfactory is down.. Best to solo mine as long as you match coinwarz. Guess time to make that conf file for solo mining. The diff is low enough to solo mine. |
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Hum , there is some problem with the HBN wallet : error: {"code":-2,"message":"Safe mode: WARNING: Invalid checkpoint found! Displayed transactions may not be correct! You may need to upgrade, or notify developers."}
Is it a possible fork? Only CoinEX is the only working pool at the moment. |
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Coin
Current Difficulty
14 Day Difficulty Chart
Est. Coins
(Current / 24 Hr Avg)
Exchange Rate
14 Day Exchange Rate Chart
Exchange Volume
Revenue /
Profit (per day) Earn 1 BTC
(in days) Profit Ratio vs. BTC
(Current / 14 Day Average)
Galaxycoin (GLX) Crypto Currency
Galaxycoin (GLX)
Block Reward: 64.00
Blocks: 152,387
Block Time: 30.00 second(s)
Scrypt
0.0250
64,281.2741 /
3,066.3284
0.00000905 (Cryptsy)
479,388.97 $635.56 /
$635.56 1.72
10,910.59 % / 201.08 %
Pools, any pools man?
Sadly, this coin is abandoned. You have to solo mine it. |
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./cgminer --scryot -o stratum+tcp://hbn.theblocksfactory.com:3336 -u username.worker -p pass
Typical low reject settings (7950)
thread-conccurency 8192
intensity 13
gpu-thread 2
I <3 mining scryot
Does the stratum work on that pool? In general, none of the info is updating on there. Hey we might have a bit of a fork here, coinex.pw is the only working pool and they just crushed the block chain. So just be mindful for a bit while I sort this out.
What is the current diff? CoinEX has 0.5087 and Coinwarz is showing .018, is there a major fork happening? |
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What setting are y'all using for CPR? I'm using -I 10, TC 8000 and worksize=64, but anything higher get's a bunch of hardware errors. I'm currently running 2x HD 5870's and a HD 6950.
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The only thing I like about the points is the raffle. I guess 1 point equals about a $1 USD...lol
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What's with the block explorers not working? Just curious...
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I cannot transfer coins from tagbond.com to a wallet.
Error message is: CDbCommand failed to execute the SQL statement: SQLSTATE[42S22]: Column not found: 1054 Unknown column 'wallet adress' in 'where clause'
Anyone has the same problem?
Suggested to wait until 12000 block is reached before making any coin transactions. |
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