JSECoin is the newest thing in cryptocurrency. Have you heard about Cryptocurrency? Of course, it's now like saying have you heard about gold? Actually about the same price, and equally inaccessible to you and me. I'm assuming that you are reading this online, so let me tell you if I owned ten thousand bitcoin I would be on an island somewhere soaking up the sun. Having sold my shares yesterday. Because make no mistake, cryptocurrency is not money as you and I know it!
It's a 21st Century exchange token. Just the same as gold. Exactly. You got an ounce of gold? Great. Why is it worth what it says on the market? Because it's rare, and damned hard to find.
But have you ever tried to find some way of gaining access to the cryptocurrency revolution? Without selling your sole. Well, it is possible. And it costs you nothing. OK, I know the pitch, nothing is free. Well it will cost you the time of a little research. And the cost of leaving your computer running.
If you consider yourself part of the new society you will understand how fast things move. Are you a 21st century person? I believe you are otherwise you wouldn't be reading this article.
In the days of the Old West men chased their El Dorado into the deserts, fighting and dying to find gold.
Then along came the Big Mining companies. Millions of dollars invested, returns of nickels in the dollar. That's what has happened to cryptocurrency. You just can't afford to be involved.
But here's the word for tech savvy millennials. You need to understand only one thing. JSECoin is cryptocurrency, but it's designed so that you can always accrue some shares - wait, I’ll come back to that word shares, because while you have your computer turned on you can be accruing shares.
Forget ‘coins’ - forget ‘currency’, cryptocurrency is, are?, shares in an idea.
You can handle gold, you can handle coins, but here's the brilliant thing that you as a millennial will understand. Crypto for short, ok, are shares. Shares in an idea. An idea that is tradable. That's what gives it value.
I want that book, and I'm prepared to pay you… mmm, 840 JSE for it.  Now how familiar is that. With most crypto values rising at a rate of over 1200% pa, that book is suddenly looking very very cheap. However if you have already invested in the Coin Issue of a new share like JSE, your investment suddenly makes you Very Rich. I remember Bitcoin coming onto the scene. Like a lot of people my reaction then was “Say what?” To my regret I ignored it. For years, until a few months back I noticed that a - 1 - yes 1, bitcoin (share) was worth $10,000?
You know what, I'm a new millennial. Yes I am. I won't bore you with charts and discussions about market movements, but I will say. If you have the patience of a year, then you should look at JSECoin. It's just been released, and it's really shares-for-the-masses. Just log on to their website and start “mining”. I really wish that terminology could be changed, but hey. It simply means that while you have that app or page open, you are slowly adding value to your crypto share portfolio. Daily. Unlike bitcoin, where in order to earn one bitcoin on my little old laptop it will take me eighty seven years…ouch! With JSEcoin I'm accruing around 50 to 60 JSE a day.
Hah! I hear you say. What if the big Chinese crypto companies get involved in mining? Well they can't. Sorry guys, but ‘mining farms’ just aren't possible with this paradigm. It's technical ok. You don't need to know.
The only way you can acquire JSEcoin is to buy it. Or set your computers spare processing power to ‘mining’ it. Even if you only acquire 1 JSE a day it's ok. That JSE could soon be worth the same as a Bitcoin. All up front, in the open. Nice.
Here's your test! Try mining (acquiring) a bitcoin. Try acquiring a JSEcoin. I know which will return you a share the quickest.
Try setting up your own referral links, it's another way you can use the JSE program to generate further shares.
Here’s the thing. With JSE a web site owner can Monitise their web site without having to plaster annoying adverts all over it. You can be seen as a direction taker, not a follower. With a clean web interface that loads faster and gets your message across, not the endless messages of your advertisers. Be a part of the JSE Generation. An Early Adopter.

 



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Looking for a new coin that can be mined with an ASIC miner, like the Antminer for example . sha256 I guess, that isn't already swamped with mining farms driving up the difficulty?

I've looked at two pool stats for the same miner. One shows Disconnected, and the other, Slushpool, shows the red ! mark.

However, the miner is trundling along doing stuff, with the occasionally accepted element. So although it's showing disconnected on the Pool dashboard, it it in fact still doing a tiny bit?

I'm trying to discover what these numbers mean on each line in the log file?

Can anyone help thanks?

 [2017-02-16 11:03:54] Stratum from pool 0 detected new block
20s: 1.74 avg: 1.85 u: 1.79 Gh/s | A:0 R:0+0(none) HW:6/7.4%
 [2017-02-16 11:04:11] New best share: 116
20s: 1.81 avg: 1.86 u: 1.80 Gh/s | A:0 R:0+0(none) HW:6/6.7%
20s: 1.76 avg: 1.84 u: 1.74 Gh/s | A:0 R:0+0(none) HW:8/8.2%
20s: 1.78 avg: 1.84 u: 1.63 Gh/s | A:0 R:0+0(none) HW:8/8.1%
20s: 1.73 avg: 1.83 u: 1.62 Gh/s | A:0 R:0+0(none) HW:8/7.5%
20s: 1.73 avg: 1.82 u: 1.59 Gh/s | A:0 R:0+0(none) HW:8/7.1%
20s: 1.76 avg: 1.82 u: 1.54 Gh/s | A:0 R:0+0(none) HW:8/6.9%
20s: 1.78 avg: 1.82 u: 1.51 Gh/s | A:0 R:0+0(none) HW:9/7.4%
20s: 1.74 avg: 1.81 u: 1.55 Gh/s | A:0 R:0+0(none) HW:9/6.8%
20s: 1.76 avg: 1.81 u: 1.53 Gh/s | A:0 R:0+0(none) HW:11/7.9%
20s: 1.71 avg: 1.80 u: 1.52 Gh/s | A:0 R:0+0(none) HW:11/7.5%

I still see lots of posts about bitcoin, bitcoin mining, and so on. I've even got a little lotto mining thing going myself. Although I've probably got more chance of winning EuroMillions Lotto.
Obviously Bitcoin isn't going away - but mining for it has long gone for anyone but government sized corporations. So why is anyone bothering with it. Like actual Gold - it's just not worth being out in the hot sun to try and find... Just like Gold - if I want it, I'll just have to buy it. And why would I bother.
 
So give me one good reason why I'd want to buy Bitcoin?

The main players I see out there now are Blockchain.info and Coinbase.com
Of course there are dozens of other players, but it looks mighty like those two are the top players in the Bitcoin field. I know I'll be corrected on this, but that's what it looks like to me.

The Other Player that seems to be gaining ever more traction is the Ethereum parties. The ethereum-wallet people, and so on.
Is it too late to bother with Ethereum as well? Is it even worth mining the Ethereum?
https://www.ethereum.org .... Interesting site. But again, I don't see much recent activity around it. Not since mid 2015. Like Bitcoin, it works, the site that is, and the wallet app etc, but to what end.

Has Ethereum gone the way of Bitcoin? Taken over by ... the banks? and Big Business.

It's all looking like a big fat waste of time - as people keep telling me. If all I can now do is Buy Bitcoin, or Buy Ethereum and store it in my wallet, then use it for coffee or gambling, or in a few pubs, then whats the point?

What am I missing here?

Simple question.

What do you think will happen to bitcoin's price after the halving in mid-2016?

Well, it's looking like profitable mining is dead in the water for the ordinary person. The only thing that might pick it up again is the rise in bitcoin value, making Sartoshis worth more, so even little bits are worth collecting.
So I've set up an Antminer U1, 1.5Ghz to solo mine to the solo.ckpool.org site.
I can't win Lotto, so maybe I can win this one.
I'll let it run for the next couple of years and see how it pans out.
If it works... I might just pick up 25 BTC...
Fingers crossed.

This is my bfgurls.conf file, and I'm trying to figure out how I tell bfgminer to use only the second pool (pool1)

pool 0 is the first one
pool 1 is the second one.


{
"pools" : [
   {
      "url" : "stratum+tcp://eu.stratum.bitcoin.cz:3333",
      "user" : "ShanghaiTimes.worker1",
      "pass" : "*"
   },
   {   "url" :  "stratum+tcp://stratum.solo.nicehash.com:3334",
      "user" : "17FrGCZZNGtrruYkY8ZTUrRzeA9891Qd6E.worker2",
      "pass" : "17FrGCZZNGtrruYkY8ZTUrRzeA9891Qd6E"
   }

]

}

cgminer -o http://192.168.0.15:8332 -u ShanghaiTimes -p * --btc-address 1KYBM7bAxC35m8GdYvwY3WKv8e5sr1sseh


I have tried using both 127.0.0.1, and the actual IP address of the mac.

Code:

 cgminer version 4.3.3 - Started: [2016-05-13 09:02:34]
--------------------------------------------------------------------------------
 (5s):0.000 (1m):0.000 (5m):0.000 (15m):0.000 (avg):0.000h/s
 A:0  R:0  HW:0  WU:0.0/m
 Connected to 127.0.0.1 diff 194G without LP as user ShanghaiTimes
 Block: 57c9685a...  Diff:194G  Started: [09:02:34]  Best share: 0
--------------------------------------------------------------------------------
 [U]SB management [P]ool management [S]ettings [D]isplay options [Q]uit
--------------------------------------------------------------------------------
 [2016-05-13 09:02:32] Started cgminer 4.3.3
 [2016-05-13 09:02:32] Icarus detect (20:15) failed to initialise (incorrect dev
ice?)
 [2016-05-13 09:02:33] No devices detected!
 [2016-05-13 09:02:33] Waiting for USB hotplug devices or press q to quit
 [2016-05-13 09:02:33] Probing for an alive pool
 [2016-05-13 09:02:34] Solo mining to valid address: 1KYBM7bAxC35m8GdYvwY3WKv8e5
sr1sseh
 [2016-05-13 09:02:34] Block change for http://127.0.0.1:8332 detection via getb
lockcount polling
 [2016-05-13 09:02:34] Network diff set to 194G

I have Bitcoin Core running, then CGMINER with the command line shown at the top.
The antminer fails to detect.

However - It is detected with other software I have.

If anyone is still reading these threads, I'd love to hear from you.
I know it's apparently no longer profitable. I'm just doing this out of interest to see if I can make it owrk.

thanks
Robert

I'm running an Antminer 2 on my Mac, and although it's working, it's giving me  few errors in the log file.

Code:

 [2016-05-12 15:39:44] Testing pool http://localhost:8332/#getcbaddr#allblocks
 [2016-05-12 15:39:44] Stratum connect failed to pool 1: Failed connect to localhost:8332; Connection refused

Can anyone help with this? What's happening and how can I "fix" it ?

thanks

I can't understand what's happening here.

I'm trying to use macMiner and it seems to be working - but, it's showning this in the log

[2016-05-12 14:33:27] Testing pool http://localhost:8332/#getcbaddr#allblocks
[2016-05-12 14:33:27] Stratum connect failed to pool 1: Failed connect to localhost:8332; Connection refused

Now, I have a bitcoin.conf file that has those settings in it..

server=1
rpcuser=xxxxxxxxx
rpcpassword=xxxxxxxxx
rpctimeout=30
rpcallowip=127.0.0.1
rpcport=8332

So why is that mattering to MacMiner ?

Other than that error - it seems to be doing the job it's supposed to do. IN other words, it is mining? but I"d like to get rid of that error.

I'm still trying to figure out how to get Bitcoin-qt working with the Antminer U2

thanks
Robert

Off grid set up like this is easy to set up, and to scale up.
1KW Solar Panel Complete Kit: 6*180W Poly Solar Module System for RV Home Power
£792.00

Given that an Antminer S7 runs at about 1300w a set up that is say 2kw (2000w) should do it. Ok, so initial outlay is high. But a solar setup doesn't wear out. The batteries need changing about every three years though. In fact, you can get solar systems that will power a house, off grid.
But I don't see or hear anyone drawing power from Solar, or Solar + Wind.
It's not impossible, and the initial outlay would be a one off cost.


Robert