Is there another exchanger site that trades NewEnglandcoin?
I've never heard of that coin before I heard of shorelinecrypto. Is that like shoreline's own homegrown coin or something, like BNB is to Binance? Does NewEnglandcoin have any advantage over anything else in the altcoin market? My guess is no if you guys delisted it already. NewEnglandcoin now is Nengcoin (NENG) hard forked. The main advantage is that NENG is scrypt coin, but minable on android phone, and computers as well as GPUs and ASICs, mainly on solo mining mode for decentralization of mining purpose. |
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Hello honglu69,
Is there another exchanger site that trades NewEnglandcoin?
I do not know about that. NewEnglandcoin is now hard forked to Nengcoin (NENG), which is listed trading at our exchange. |
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Now, How can I convert 73 million NewEnglandcoin(NEWE) to NewEnglandcoin(NENG)?
NewEnglandcoin (NEWE) is delisted from ShorelineCrypto exchange already, no longer supported. If you have NEWE balance forgot to withdraw, you can send support ticket for help for recovery. Yes, if you are talking that 73 million NEWE sitting in exchange and forgot to withdraw before delisting, we can help you recover that. What you do is to provide a Nengcoin (NENG) receiving address, we can deposit your 73 million NEWE into your NENG address. Send an email support for that. |
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I am puzzled by recent DASH delisting news across board and I am thinking whether we should follow that or not. So far I have not seen any clear laws or regulation news clearly saying that DASH is illegal for trading in USA. But if that is true that DASH becomes illegal in USA, you can expect that we will follow and delist DASH.
I hadn't heard anything about that, though I think I do remember reading something about the so-called privacy coins not being very popular in the eyes of the government--but that doesn't mean there are laws on the books as we speak prohibiting them from being traded in New England or anywhere else in the US. As an exchange operator, I'm assuming you're aware of state and federal laws but please correct me if I'm wrong (and if I'm wrong, you probably should be aware of those things). It's too bad there don't seem to be many lawyers frequenting bitcointalk. Their advice would be much appreciated in situations like this. Lawyers are everywhere. But obviously as small business, we can not pay lawyers big fees. We practice law and read the regulation and law book ourselves, we have to follow laws/regulations step by step. |
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New Coin Listing fee Adjustment
1/9/2021
The new coin listing fee on Nengcoin pricing is adjusted due to NENG price changes relative to BTC. The new coin listing fee on NENG unit is: 400 million NENG. The new coin listing fee on bitcoin is unchanged at 0.01 BTC.
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spike block mined this morningHere is spike block mined at 244k difficulty at block height 2419020: https://hashminingpool.com/explorer/NENG?height=2419020Typically after spike block is mined, almost none of ASIC rigs can mine NENG for any blocks, CPU miners on "cheetah_cpuminer" software very much dominate mining NENG for 100% until reset. Now a big CPU miner is attacking NENG heavily with timestamp method, back and forth 4 minutes ahead or backward. With this timestamp attack, big ASIC rigs are mining into cheetah diff, although CPU miners still dominating, but not 100%. big ASIC rigs are very poor on mining rewards after spike, but at least they are getting some blocks mined on cheetah diff. Typically, a reset to reset diff (0.000244) will happen after spike block, and boom for GPU solo miners. we will see this time. Update: NENG just did a shallow reset. Not good for GPU solo miners, but boom for USB ASIC solo miners on two rotating nodes
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NENG Investment Case as DOGECOIN on Steroids
Just to be clear on myself take on Dogecoin. I am long time dogecoin lover and supporter. I run small exchange (shorelinecrypto) that its main coin is dogecoin, every other coins is paired to dogecoin only, no bitcoin nor litecoin.
So hear me out. For those dogecoin newcomers that missed the dogecoin boat, or your dollar is small, want a leveraged bet on dogecoin. Nengcoin (NENG) is your choice. For those dogecoin current HODLers, you should continue to HODL dogecoin, it is going to the moon, DOGE is still cheap and maybe you want to consider to put small amount to NENG too as leveraged up.
For those who want to bet on dogecoin on leverage, NENG is the answer. NENG is dogecoin on steroids, 60,000x cheaper, but no risk of margin call of leveraged bet, and a real coin, not a token. Nengcoin (NENG) price in 2020 appreciated 10x on USD, beat both dogecoin and bitcoin.
Both NENG and DOGE coins are scrypt coins, both NENG and DOGE are litecoin fork. Neither of NENG/DOGE have ever been hacked by 51% attackers. DOGE security came from merged mining with litecoin, NENG security came from randomSpike on top of scrypt to allow multi-rig mining on android phones, PC/Mac/chromebook, USB ASIC, ASIC and GPUs.
Why not invest both in DOGE and NENG? or start mining NENG as part of fun of learning scrypt behind Dogecoin and Litecoin.
Litecoin/Dogecoin/Nengcoin to moon side by side, long live all-mighty scrypt!
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4th v1.5.x benchmark - phone vs computer vs USB ASIC
24 hours mining report
last 24 hours was nothing normal. Earlier was a shallow reset, fast block, big reward for ASIC rigs and USB ASICs. The middle of day base diff rose to 2, the big cpu miner timestamp attacker jumped in again, dominating CPU mining, sequeezed out pretty much all other CPU miners.
Later NENG blockchain did a shallow reset again, another boom for USB ASIC solo miners.
Here is three group of miner rewards count. Still the benchmark is same for android vs 1 cpu linux using --interval 10 in cheetah_cpuminer.
4 core android (--cpu 6 on 8cpu in UserLand app): 10000 NENG
1 cpu linux: 0
USB ASIC (futurebit Moonlander2) on two rotating nodes : 510,000 NENG
Android phone still managed to obtain 1 block reward in the middle of reset and big CPU timestamp attack. USB ASIC reward is above average, but not as big as yesterday.
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When will this coin be on a large exchange with high volumes?
No information or prediction for now. As of today, the dev and community has no money for listing at big exchange because they usually ask for very high price, which currently we do not have. Community commissioner Sefia (discord) is leading the effort actively looking for external VC funding pitch, raising funds for future development (including, but not limited for listing at bigger exchange) by selling some pre-mined + donated NENG coins we have now. But obviously I can not predict nor to say whether this will work out any time or not. |
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Thanks for wallet, is coin mineable? and total supply?
Yes, it is mineable. It is PoS, proof of stake. So the mining is called "staking". I am new on PoS, still learning. The closest to this coin is blackcoin because the wallet says it cloned blackcoin source code. For total supply is tough to know the whole picture. A while ago I saw in my wallet total money supply is 5 billion, recently I saw 12 billion. Not fully sure the total supply there on SLFI. Another that I found on PoS staking. This wallet staking takes 100% CPU load. It does take a lot of CPU power if your wallet has lots of small chunks and addresses holding SLFI on stake mining. Hello! What exchanges is it currently listed on excludeing yobit ? and how is it indicated? SLFI is trading at shorelinecrypto at: https://shorelinecrypto.com/market/DOGE-SLFI |
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Hi Honglu69,
Are you sure that your core is correct because I discover on my pool :
2386069 113 left 05/01/2021 13:26:44 2.5000 10,000.00
2386056 Orphan 05/01/2021 13:25:12 0.0024 10,000.00
2386054 98 left 05/01/2021 13:23:49 2.5000 10,000.00
Why this difficulty "0,0024" between 2 blocks ?
Hi titinet, Please checkout the first Ann page here on the details of randomSpike. 0.0024 is "cheetah diff". There are concept of cheetah diff, reset diff, and base diff (diff you usually see in litecoin or dogecoin). Cheetah effect algo has 2nd layer of difficulty concept that do not exist in bitcoin, litecoin, or dogecoin. That is why I labeled "Nengcoin - scrypt on steroids". This is not normal scrypt coin. |
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3nd v1.5.x benchmark - phone vs computer vs USB ASIC
24 hours mining report
Last 24 hours was not another day of slow blocks moving day. The first 12 hours was normal mining day. However, earlier this morning a big CPU miner jumped on timestamp attack, back and forth 2 minutes trying to get more rewards. See my earlier "mining war reports". Later, NENG had shallow reset and is still ongoing. So essentially CPU miners only got half day good mining.
Still the benchmark is same for android vs 1 cpu linux using --interval 10 in cheetah_cpuminer
4 core android (--cpu 6 on 8cpu in UserLand app): 60000 NENG
1 cpu linux: 20000 NENG
USB ASIC (futurebit Moonlander2) on two rotating nodes: 1.62 million NENG
The 4 core android phone mining performance continue to beat the 1 cpu linux.
However, Moonlander2 reward was huge because it profited from big CPU miner timestamp attack, then on shallow reset.
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Changed the title to "Nengcoin - Scrypt on Steroids" reflecting the fact that scrypt randomSpike is really an enhanced version of scrypt coin that allow diversified mining rigs to have a winning chance on mining NENG while the algo still secure and protect the network from 51% attackers.
Litecoin/Dogecoin/Nengcoin are all scrypt coins. But Nengcoin is Dogecoin on Steroids
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Just dug out my 2 moonlanders  when the chain has synced ill be mining Can you inbox me please honglu69 Pay attention to here or reddit or discord. I usually send out alert immediately after I found out to help out GPU solo miners to profit big on NENG on reset day for solo mining. |
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Shallow reset, boom for USB ASIC solo miners
NENG just shallow reset to base diff 0.009. This is bit too high for GPU solo miners, but another boom for USB ASIC solo miners.
With this shallow reset, the mining war today between a big CPU timestamp attacker verses USB ASIC solo miners is over.
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Mining War: big CPU Timestamp Attacker vs USB ASIC solo MinerA mining war continues between a big CPU timestamp attack who stamp block time always 2 minutes forward, and 2 minutes backward in order to get more profit in NENG mining. My USB ASIC (futurebit moonlander2) mining is on fire to profit from this, and getting profit away from this big CPU timestamp attacker. [2021-01-04 14:32:29] New block detected on network
[2021-01-04 14:32:31] Found block for pool 1!
[2021-01-04 14:32:31] Accepted 00f88118 MLD 0 pool 1 Diff 4m/2m
[2021-01-04 14:32:31] New block detected on network
[2021-01-04 14:32:31] Network difficulty changed to 244k ( 1.75T)
[2021-01-04 14:32:31] New block detected on network
[2021-01-04 14:32:49] Switching to pool 0 http://127.0.0.1:8376
[2021-01-04 14:34:19] Switching to pool 1 http://127.0.0.1:8378
[2021-01-04 14:34:33] Network difficulty changed to 0 ( 17.5k)
[2021-01-04 14:34:33] New block detected on network
[2021-01-04 14:34:36] Found block for pool 1!
[2021-01-04 14:34:36] Accepted 002d1dd5 MLD 0 pool 1 Diff 22m/2m
[2021-01-04 14:34:36] New block detected on network
[2021-01-04 14:34:36] Network difficulty changed to 244k ( 1.75T)
[2021-01-04 14:34:36] New block detected on network
[2021-01-04 14:35:49] Switching to pool 0 http://127.0.0.1:8376
[2021-01-04 14:36:37] Network difficulty changed to 2 (19.46M)
[2021-01-04 14:36:37] New block detected on network
[2021-01-04 14:37:02] Found block for pool 0!
[2021-01-04 14:37:02] Rejected 0000087c MLD 0 pool 0 Diff 30/2
[2021-01-04 14:37:19] Switching to pool 1 http://127.0.0.1:8378
[2021-01-04 14:38:37] New block detected on network
[2021-01-04 14:38:49] Switching to pool 0 http://127.0.0.1:8376
[2021-01-04 14:40:19] Switching to pool 1 http://127.0.0.1:8378
[2021-01-04 14:40:39] Network difficulty changed to 0 ( 17.5k)
[2021-01-04 14:40:39] New block detected on network
[2021-01-04 14:40:40] Found block for pool 1!
[2021-01-04 14:40:40] Accepted 01814568 MLD 0 pool 1 Diff 2m/2m
[2021-01-04 14:40:40] New block detected on network
[2021-01-04 14:40:41] Network difficulty changed to 2 (19.46M)
[2021-01-04 14:40:41] New block detected on network As seen above screen shot, total of 8 minutes, 3 blocks mined, 1 block rejected. My one USB ASIC's power is limited, probably maxed out on two blocks within two minutes. Hopefully more Moonlander2 solo miners can join in mining NENG and get profit away from this big CPU timestamp attacker. The current setup is default, no expiry=10 option, uses default 600 frequency. Tested with expiry=10, not good on this situation. The best option is default, settings on two rotating nodes.
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Big profit for USB ASIC Solo miner on 2 Rotating Nodes NowThere is a big CPU miner who timestamp block back and forth 2 minutes ahead and back trying to get more profit. This plays into USB ASIC moonlander2 on two rotating nodes, which can profit hugely on this. See below screenshot, my Futurebit Moonlander2 on two rotating nodes mined two blocks within 6 minutes. This is because USB ASIC on solo mining two nodes setup can also mine into cheetah diff, which can take away profit from big CPU timestamp attacker. https://www.reddit.com/r/nengcoin/comments/kqe2wl/big_profit_for_usb_asic_solo_miner_on_2_rotating/
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