It looks like network hash has topped 400K now...



{
"blocks" : 5588,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 0.01521533,
"errors" : "",
"genproclimit" : -1,
"networkhashps" : 400822,
"pooledtx" : 6,
"testnet" : false,
"chain" : "main",
"generate" : false,
"hashespersec" : 0
}

Well that would be a pool.

This is solo but instead of you having to create the whole block on your own you will work as part of a team.

So lowering how hard it is to create a block.

Hi guys good news.

As you will all know we love to solo mine. But because of the nice hash on the pool solo mining has become like playing the lottery.

Well as of last night I and a friend cracked it. We have come up with a way of clustering miners to solo.
Each miner will connect with there key and will work as part of a cluster to solo mine a block with the last hash of the created block being the winner.

So think of your miner becoming a thread.

You would win 100% of the block. We have tested it and it works. So later today I will post info on how to connect and more in depth of the workings and how you become part of a cluster.

Nice hash can not connect to it. This is made for smaller systems 3kh and under.

This will make the difficulty of solo mining drop because you become part of a cluster of workers with the last hash winning the block.

The server will be a beta and work in progress with the miners comments taken to improve the workings of the solo mining server.

I basically just created a single address and labelled it "Deposits". Not necessary to have a new address for each deposit. Imo, would be too confusing.

I see. What about the interest (coins)? Will the interest (coins) added to main balance or they too will be locked away with the deposited amount ?

Before the fork that was coded to say Immature:

We did change that to say Earned:

We also changed things down in the ROIcoin Term Deposits section at the bottom and the "status" matches the same word and says "earned"

The thinking was for branding. The coin needs to be branded ROI which of course stands for Return On Investment. Hopefully the term "Earned" will reinforce making a return on the term deposited (locked) coins.

Very much so :-)

You would be surprised.  I offered my sisters a few coins to spread the word in their social circles, FB, etc...  Yet, they are not sure how to even get and load the wallet.  They are bright, but new tech is intimidating to the masses.

Click the receive tab and create a new wallet address with any label you want.

Now go to the deposit tab and use that address and choose how many coins and for how long. 1 year is the max you can do longer but there won't be any payout so I don't advise it.

Also you might find this interesting but qt user can "send" coins to other QT as a term deposit. This is good on bounties right because you can send coins as term deposit and when the other person gets them they are already locked for the time you specified when you sent them! Nice feature so you can send a bounty and they can't dump them LOL!!!

The MIDAS algo is impacting the block timing. This is necessary for the security of the ROI blockchain. As network hashing reaches a point and stabilizes the timing will return to the target of 2 min. This isn't a permanent issue.

Was looking through the posts and it seems nobody brought this up but there is something very strange going on with the term deposits.

I can't post images so I'll just have to spell it out.

I placed a few terms deposits to test out the system. According to my wallet, the 1 week deposit I placed on 8/11 was for a term of 7 days and would mature on 17/11. That's 9 days. Not 7. The 1 year deposit I placed on 8/11 was for a term of 365 days but the maturity date was stated as 20/2/2019. That's 15 months and change.

And to complicate matters, the deposits are offering different terms upon maturity. Same amount deposited on same day and yet the return upon maturation is different. Granted, it is only a 2 coin difference but the rates are definitely not what was stated above. It's more in the region of 500% ++.

Lastly, strange micro-transactions are appearing as received under transaction history but the address(es) do not belong to me and the amounts in these strange transactions are not reflected in my actual balance. Initially, I thought it was the transaction fee for the deposits. However, the amounts do not tally.

Appreciate if the dev or team could check to see if this is a bug and perhaps rectify it?

TLDR:
1) Maturation date of term deposit is displaying or calculated wrongly
2) Unrelated transactions (to other wallets) are appearing under wallet transactions

Wow lot of great feedback here!

From the beginning we did want ROI to be mined by common PC's and even had discussions about if it were possible to ban pool mining to make the coin solo mining only.

After much discussion and debate it was decided not to ban pool mining for various reasons.

With that being said, there was concern of issues stemming from botnets that could push the common solo miner into hopelessness but so far that hasn't happened that I'm aware of.

The issue of someone using nicehash to throw enormous hash at the coin had not been considered and obviously it is coming up now. Based on the feedback of the community and the intent of the coin I think we should see what steps could be taken to put some sort of check in place to deal with this.

I am going to reach out to the mining pool dev right now and see what options might be available...