got nr.12  i was a little confused about how it all plays together ... but following worked for me ... miner: edit passphrases.txt (enter secure pass in first row) execute run_dump_address.bat generate plots with id from addresses.txt wallet: start server with run.bat in wallet folder miner: execute run_mine.bat in miner folder wallet: open wallet via link/url login with your pass from passphrases.txt wait for blocks :-) No disrespect to the dev, but you even gave better details on how to get started. Great help to the community. Thanks |
|
|
|
 Is this 10,000 or 10.000? You can find out the address of this site? Where did you get it? You must have the wallet running first! and Dev, change the topic from Pre-ann to ann? That and a step by step tutorial of how to get properly get started. So, he doesn't need to keep repeating the procedure in the thread. |
|
|
|
Not that i care a lot but i hate seeing hardware doing nothing sooo...
VTC ? not profitable at current prices (and alt coin market is way too unsure to mine)
Scrypt ? nope
X11 ? nope
Option 1- Dump the hardware
Option 2- Hold the hardware, when prices are high / brighter future in sight for alt coins, you'll have it
Opinion on the situation ?
Sell it, unless you have GTX 750ti cards. 750ti's is the only card that is really profitable at the moment. AMD seems to be fading into the sunset unless the next cards are efficient like the 750ti, I like AMD. Buy ASIC miners if you can get a good deal and ROI on them within a couple of months, if possible. If mining doesn't work, then just invest and buy coins. please enlighten me, which algo(coin) is profitable for 750 ti atm.? What do you pay for your electricity? $0.1323/kwh (Tier 1) in the Northern California Valley area, San Joaquin County. It can go as high as approx. $0.30/kwh on Tier 3 and more. |
|
|
|
Not that i care a lot but i hate seeing hardware doing nothing sooo...
VTC ? not profitable at current prices (and alt coin market is way too unsure to mine)
Scrypt ? nope
X11 ? nope
Option 1- Dump the hardware
Option 2- Hold the hardware, when prices are high / brighter future in sight for alt coins, you'll have it
Opinion on the situation ?
Sell it, unless you have GTX 750ti cards. 750ti's is the only card that is really profitable at the moment. AMD seems to be fading into the sunset unless the next cards are efficient like the 750ti, I like AMD. Buy ASIC miners if you can get a good deal and ROI on them within a couple of months, if possible. If mining doesn't work, then just invest and buy coins. please enlighten me, which algo(coin) is profitable for 750 ti atm.? XCN, for now. But that can change anytime, just like anything in the crypto world. At least with the 750ti, you can at least break even with electricity cost compared to AMD gpus. |
|
|
|
Burst
Mining speed based on HDD capacity [No logo since I can't draw] Website: [not yet constructed] Twitter: https://twitter.com/BurstcoinSpecs:NXT based POS removed No IPO No Premine 4 minute block time 2,158,812,800 coins total Block reward starts at 10,000/block, then decreases 5% each month (similar to halving every 14 months, but much smoother) Uses pocminer made for this coin Proof of capacity(POC) mining:Burst uses a new algorithm for proof of hdd capacity (POC) mining. Miners pre-generate chunks of data known as 'plots' which are then saved to disk. The number of plots you store is effectively your mining speed. Every block the miner will skim through the saved plots, and come up with an amount of time until it is able to mine a block if another block hasn't yet been found. After reading through the plots is complete, your hardware can idle until the block. The miner will be released a few hours before launch to give miners time to start generating plots. How it works:Miners generate and cache chunks of data known as 'plots', which are divided into 4096 portions known as 'scoops'. Plots are generated by taking a public address and a nonce, then hashing it, pre-appending the resulting hash, repeating the hash-pre-append cycle many times, and then hashing the whole thing and xor'ing the last hash with the whole thing. Plots are staggered together so chunks of the same scoop number are together, then written to disk. Each block has a generation signature which is derived only from the previous block's generation signature and miner, so it is difficult to manipulate. When mining, the scoop number to be used for a block is derived from the generation signature and the block height, so the miner reads all relevant scoops(each plot will have 1 relevant scoop, and staggering allows for larger sequential read with less seeking) Only 0.024% of the stored data will need to be read each block. The generation signature is hashed with each scoop. 8 bytes are taken from the hash, then divided by a scaling factor(inverse difficulty) The resulting number is a number of seconds. If that many seconds passes since the last block without a new one, the address/nonce combination used to generate that plot/scoop is eligable to announce a new block. The miner's hardware can just sit idle until either that time or a new block. The address/nonce is included in the block as proof of eligability, and the block is signed by that address. Technically, this mining process can be mined POW-style, however mining it as intended will yield thousands of times the hashrate, and your hardware will sit idle most of the time. Continuously hashing until a block is found is unnecessary, as waiting long enough will cause any nonce to eventually become valid. Shoddily made flow chart of the general process. Does not include caching plot to disk and retrieving them:  Release schedule:I still have a few fixes and some testing to do, but I plan on trying to release tomorrow. Some time before the next entry: Miner binary + source will be posted in passworded rar archive https://bitcointalk.org/index.php?topic=731923.msg8286075#msg8286075GMT 2014 August 10 11:00 PM : Miner password will be posted, so you can start generating plots. Passworded rar of client binary + source will be posted. plain zip of miner: https://mega.co.nz/#!b0pzHajA!ERk068l5NS6kR7zdLdTgltqyPw3Z60lwAWvgXtNQNTk Passworded client: https://bitcointalk.org/index.php?topic=731923.msg8287478#msg8287478GMT 2014 August 11 2:00 AM : Client password will be posted, and network will launch. How do you set this up exactly? A tutorial would be nice. |
|
|
|
Not that i care a lot but i hate seeing hardware doing nothing sooo...
VTC ? not profitable at current prices (and alt coin market is way too unsure to mine)
Scrypt ? nope
X11 ? nope
Option 1- Dump the hardware
Option 2- Hold the hardware, when prices are high / brighter future in sight for alt coins, you'll have it
Opinion on the situation ?
Sell it, unless you have GTX 750ti cards. 750ti's is the only card that is really profitable at the moment. AMD seems to be fading into the sunset unless the next cards are efficient like the 750ti, I like AMD. Buy ASIC miners if you can get a good deal and ROI on them within a couple of months, if possible. If mining doesn't work, then just invest and buy coins. |
|
|
|
Finally my wallet sync with the mini wallet update....Over 2 weeks it couldn't sync....  |
|
|
|
|
Hey mbk, any status on making the miner stratum compatible? Maybe including fan speed control, temp status and gpu load status in the next miner.
|
|
|
|
To be honest, it's kind of vague. It's no more different than what is explained on the OP. Most good whitepappers elaborate in great detail how the anon/tech is done. How's the coin initialized before it is sent to the 2000 times around? Is the 2000 times bounce around via nodes and is a form of encryption done each time? How is the re-minting done exactly when it get's to the receiving user and what form is the encryption at the point? Those are some question that should be answered. Those are great questions. IŽll get our dev team to answer them and we will update the whitepaper. Thank you for your input Your welcome. I like to help as much as I possibly can. I want to see this coin succeed where others have failed this year. A coin is just as good its community. Members like you make being a dev a positive experince. I cant say the same for all users, weŽve come across a lot of negativity by users who seem to have time to waste. We will work to improve our coin and meet everyoneŽs expectations. People will automatically FUD a coin before it's given a chance, rightfully so because of the outbreak of some many dead coins this year compared to last. People in general have to treat this like the stock market, you'll get burned once in a while and take some calculated risk. I don't fud every coin. Just a few of the shitcoin devs who try slick talking people into mining their shitcoins. I told this dev if he posted he was premining 1668 blocks totaling 100000 of these coins that he intends to sell for btc in his OP I would stop posting. That was before this last abortion launch he did. The offer still stands. Personally, I'd like to see the premine stay as XBIT to be used for promotions and rewards for specific work helping the coin out. Actually see the coins used to purchase specialized products and services for it. Myself, I don't like premines, but I do understand that devs have to make a little something for time and efforts. I just don't like big premines, hidden premines, IPO's and ninja launches. The last launch was pretty bad, even though I solo-mined 6000 coins within a few hours. Transparency is a must in anything that is in business, crypto world isn't an exception to that. Transparency=Trust in business. |
|
|
|
To be honest, it's kind of vague. It's no more different than what is explained on the OP. Most good whitepappers elaborate in great detail how the anon/tech is done. How's the coin initialized before it is sent to the 2000 times around? Is the 2000 times bounce around via nodes and is a form of encryption done each time? How is the re-minting done exactly when it get's to the receiving user and what form is the encryption at the point? Those are some question that should be answered. Those are great questions. IŽll get our dev team to answer them and we will update the whitepaper. Thank you for your input Your welcome. I like to help as much as I possibly can. I want to see this coin succeed where others have failed this year. A coin is just as good its community. Members like you make being a dev a positive experince. I cant say the same for all users, weŽve come across a lot of negativity by users who seem to have time to waste. We will work to improve our coin and meet everyoneŽs expectations. People will automatically FUD a coin before it's given a chance, rightfully so because of the outbreak of some many dead coins this year compared to last. People in general have to treat this like the stock market, you'll get burned once in a while and take some calculated risk. |
|
|
|
is this the long awaited Navajo anon wallet, or just a normal wallet update?
Just a normal wallet, we're still waiting for anon wallet Hope this fixes the sync issue. I haven't open my wallet for over 2 weeks since the last update and I tried all the recommended fixes. |
|
|
|
To be honest, it's kind of vague. It's no more different than what is explained on the OP. Most good whitepappers elaborate in great detail how the anon/tech is done. How's the coin initialized before it is sent to the 2000 times around? Is the 2000 times bounce around via nodes and is a form of encryption done each time? How is the re-minting done exactly when it get's to the receiving user and what form is the encryption at the point? Those are some question that should be answered. Those are great questions. IŽll get our dev team to answer them and we will update the whitepaper. Thank you for your input Your welcome. I like to help as much as I possibly can. I want to see this coin succeed where others have failed this year. |
|
|
|
The link of the new wallets are linked on the OP. Just wanted to point that out. Thanks for resurrecting this coin. |
|
|
|
To be honest, it's kind of vague. It's no more different than what is explained on the OP. Most good whitepappers elaborate in great detail how the anon/tech is done. How's the coin initialized before it is sent to the 2000 times around? Is the 2000 times bounce around via nodes and is a form of encryption done each time? How is the re-minting done exactly when it get's to the receiving user and what form is the encryption at the point? Those are some question that should be answered. |
|
|
|
|
Even with Nvidia GTX 750ti, mining is marginal still. With the 750ti, seems like XCN is the most profitable for it. XMR is on a down turn lately, but a lot of alts are too. AMD gpu's just plain are not profitable compared Feb 2014 and prior to that.
|
|
|
|
Whitepaper and block explorer coming later today.
What's the progress on the whitepaper? Thought is was going to be released yesterday. |
|
|
|
It seems some people are blindly going to AWS without doing the math... they're gonna lose money.
The price now is too low. Not yet. $0.788 for ec2.instance per hour and only get 3 coins, even if mining @home use 750Ti, it's not profitable compare to X11 multipool. Dude, spot instances! You can get a g2.2 for $0.1/hr! Also, 750Ti numbers: Hash of one 750Ti @ stock / network hash * blocks per day * XCN per block = XCN per day per 750Ti @ stock: 3100000 / 6016040021 * 1440 * 242 = ~180 XCN/day As of this moment, 1 XCN is worth 0.0000272 BTC - making one 750Ti bring in ~0.005 BTC per day. It's not excellent, but it's not horrid, either. Agree with you, here is some data with X11@nicehash hash of one 750TI * price at nice hash = 0.0025G*0.3BTC/G/DAY=0.00075 BTC per day. BTW @Wolf : I have see you hashrate of 2.2M and here is 3.1M, which confused me. Progress - I've made it faster. Do you have a complied binary for windows? No, I don't use Windows. Also, just to be clear - 3.1MH/s is on a 750Ti, 2.1 - 2.2MH/s is on AWS with the GPU only. Oh, do you have a github for Linux source? I don't mind using Linux. Does Nvidia tech work fine in AWS vitual environment? Between BBR and this, which is more profitable at the moment to gpu mine with a 750ti? |
|
|
|
We are working on getting Xryptbit listed into an exchange. To get added into the likes of mintapl we will need community support.
I guess any exchange would be good after about a week's release. Just that Bittrex, C-Cex and a few others aren't too ideal. I'll try to send a request for voting on those three mentioned exchanges. |
|
|
|
It seems some people are blindly going to AWS without doing the math... they're gonna lose money.
The price now is too low. Not yet. $0.788 for ec2.instance per hour and only get 3 coins, even if mining @home use 750Ti, it's not profitable compare to X11 multipool. Dude, spot instances! You can get a g2.2 for $0.1/hr! Also, 750Ti numbers: Hash of one 750Ti @ stock / network hash * blocks per day * XCN per block = XCN per day per 750Ti @ stock: 3100000 / 6016040021 * 1440 * 242 = ~180 XCN/day As of this moment, 1 XCN is worth 0.0000272 BTC - making one 750Ti bring in ~0.005 BTC per day. It's not excellent, but it's not horrid, either. Agree with you, here is some data with X11@nicehash hash of one 750TI * price at nice hash = 0.0025G*0.3BTC/G/DAY=0.00075 BTC per day. BTW @Wolf : I have see you hashrate of 2.2M and here is 3.1M, which confused me. Progress - I've made it faster. Do you have a complied binary for windows? |
|
|
|
Yeah, I'm not going to trust a maniac who launched like 12 coins already.
I hope bittrex is not really in the boat - as he stated in the OP i don't trust bittrex which are glad to add shit coins. bittrex is in bed with the shitcoin scammers. They'll add anything for a price. Nothing but a ponzi exchange. C-Cex is that far behind with Bittrex...lol |
|
|
|
|
Show Posts
