Bitcoin Forum
June 20, 2024, 05:47:25 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 [2]
21  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Join and mine Canxium coin. on: June 01, 2023, 02:17:52 PM
Why do you make coin mining so difficult. First use the Ethash algorithm, then plan to add the SHA256, X11 algorithms. These are algorithms for ASICs and mining on them is unprofitable if the miner has a video card. Then you want to add more algorithms and staking. This does not look like the development of the project, but the addition of mining algorithms.

Exactly.It does make no sense to make mining of a new coin this difficult at all.In fact most coins when coming out they are starting with a very low difficulty so people can have a look at that type of coin and see if they like it,if not they get away.

You OP by doing this,adding without any logic of algorithms you just make it burdensome to mine this type of coin and most people will be turning away from your project,not that there are many profitable projects nowadays in mining anyway but why turn people away since the early beginning?

Don't make me just follow the path, I'm making my own trail. If it make no sense, why canxium network reach 1 TH difficulty just one month after launched, why miners around the world are mining it now?

Don't be silly. Take the risk, or lose the chance.
22  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Join and mine Canxium coin. on: June 01, 2023, 02:11:52 PM
Why do you make coin mining so difficult. First use the Ethash algorithm, then plan to add the SHA256, X11 algorithms. These are algorithms for ASICs and mining on them is unprofitable if the miner has a video card. Then you want to add more algorithms and staking. This does not look like the development of the project, but the addition of mining algorithms.

Why do you make coin mining so difficult: Why do I have to make the coin mining so easy? Why? I just make the coin mining become stable, not too easy at the beginning or too difficult at the middle or the end.

First use the Ethash algorithm: Because Ethereum drop Pow, I choose ethash for one reason: Continue where Ethereum left.

Then plan to add the SHA256, X11 algorithms: More algorithms, more miners, but same difficult.

These are algorithms for ASICs and mining on them is unprofitable if the miner has a video card: Just buy an Asic, and let video card where it belong to.

Then you want to add more algorithms and staking: Not staking, it's POS. Pos but no staking reward. POS + Offline mining fix the Pow problem.

This does not look like the development of the project, but the addition of mining algorithms: Just the begining.
23  Alternate cryptocurrencies / Marketplace (Altcoins) / Join and mine Canxium coin. on: June 01, 2023, 10:31:08 AM
Hello everyone. I would like to ask you to join and mine Canxium coin (CAU), this is the beginning of new coin and it'll support offline mining this year.

More miners join, more decentralized Canxium will have. CAU can be distributed more and more widely.

More information can be found here: https://bitcointalk.org/index.php?topic=5453820.0
24  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CAU] Canxium: Welcome to the offline mining on: June 01, 2023, 10:07:16 AM
fixed , still do not have logo Grin

 Wink Wink Wink Wink Logo is the most important, cannot change after release. Soon.

Logo is ready, new explorer is released.

Stats: 326,317 Blocks, 2,560 Transactions, 94 Wallets.
81579.75 CAU mined.
25  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CAU] Canxium: Welcome to the offline mining on: May 30, 2023, 11:31:43 PM
fixed , still do not have logo Grin

 Wink Wink Wink Wink Logo is the most important, cannot change after release. Soon.
26  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CAU] Canxium: Welcome to the offline mining on: May 28, 2023, 12:49:20 AM
I put one ASIC in solo for the experiment. The altcoinpool pool shows 3.83 mined in 24 hours. Block reward 0.19. According to the calculator, ~4.5 CAU per day should increase. Metamask displays ~21 CAU. I was unable to predict income.

Good for you, since this coin is new, miners come and left, network hashrates can increase to 150 GH/s and drop to 50 GH/s. So your income will not stable.
27  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CAU] Canxium: Welcome to the offline mining on: May 26, 2023, 07:17:07 AM
This is very innovative coin.
Is there any pool to mine ?


New pool is added to #1 post.
28  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CAU] Canxium: Welcome to the offline mining on: May 25, 2023, 09:57:05 AM
Canxium difficulty reach 1.65TH, it's not profitable to mine CAU using CPU now.
29  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CAU] Canxium: Welcome to the offline mining on: May 24, 2023, 10:58:15 PM
Sooooo

Can I use my old laptop to earn some CAU?

Yes, offline mining is the way. Choose your own difficulty, for example: 10000000. And start the miner, let it run until it solve the pow challenge and you will get reward. Can be an hours, a day or week at your choice.
30  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CAU] Canxium: Welcome to the offline mining on: May 24, 2023, 01:27:59 PM
After Hydro hardfork (block 4204800 ~ 11 months), 0.25 CAU block reward is removed. New reward formula is apply and make it very difficulty to mine one CAU.
Example: Reward is 1 CAU if the network difficulty reach 2000000000000000, so if you're using a laptop with the hashrate is 1 Mh/s, how long does it take to mine one block and receive 1 CAU?

The answer is: 72.90 Years!!!!!

Formula: https://docs.google.com/spreadsheets/d/1ka73YpAkjU_fHskyEAfpMMPUDTsmX4T3l4lstqX16kM/edit?usp=sharing
31  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Canxium: Welcome to the offline mining on: May 24, 2023, 03:57:54 AM
What is the contract creation fee?

Look at the problem of other chain: a lot of garbage, unused contracts, spam transaction, spam token.... because of the cheap transaction fee and contract creation fee, I decided to add a fixed fee to every contract creation transaction is 100 CAU.

So how much 100 CAU worth?
32  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Canxium: Welcome to the offline mining on: May 24, 2023, 02:52:46 AM
Do it yourself if you want some CAU in you wallet. Do it in the first year, next year it's very hard to mine just one CAU.
33  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][CAU] Canxium: Welcome to the Offline Mining on: May 24, 2023, 12:53:56 AM
Introduce
Since 2009, A lot of blockchains have been released with the same concepts: Designed to be inflation or deflation only. Bitcoin is deflation by design, Ethereum is inflation before the Merge. I propose another concept: The total supply of the coin will be determined by supply and demand, when the demand is too high, price goes up, miners get more profit and more miners come to mine Canxium leads to hashrate/difficulty goes up and more Canxium will be added to the market. Because the higher the difficulty, the greater the reward. Same thing happens when the demand is too low. I also introduce a new mining concept: Offline mining.

Who is Behind Canxium?

Canximan -> Founder, developer and researcher.

Road map
2023: Start the pow chain, block mining algorithm is Ethash, set contract creation fee to 100 CAU: Done
2023: Support offline mining using Ethash: in progress
2024: Hydro harkford: remove 0.25 CAU block reward.
2024: Support more offline mining algorithms: SHA256, X11.
2025-2026: Switch consensus from pow to pos but offline mining is the only way to make more coins, no staking reward. Validator earn transaction fee and 2% total offline mining transaction reward included in the block.
2026 ->: More offline mining algorithms.

Links

Website: https://canxium.org/
Stats: https://stats.canxium.org/
Explorer: https://explorer.canxium.org/
Github: https://github.com/canxium/go-canxium
Paper: https://canxium.org/pdf/whitepaper_v2.1.pdf
Twitter: https://twitter.com/canxiumchain
Reddit: https://www.reddit.com/r/calciumchain/
Discord: https://discord.gg/SbxSPJ8FkD

How to mine: The hard way
1. Install golang: https://go.dev/doc/install
2. Clone canxium: git clone https://github.com/canxium/go-canxium.git
3. Compile canxium: make canxium
4. Init Canxium: ./build/bin/canxium --db.engine=pebble init ./genesis/mainnet.genesis.json
5. Mine: ./build/bin/canxium --http --http.api eth,net,web3 --ethstats <node_name>:canxium@stats.canxium.org --mine --miner.etherbase 0x0000000000000000000000000000000000000000 --miner.threads 1 --db.engine=pebble --bootnodes enode://314f1041da4b27f5e4c02b4eac52ca7bd2f025cb585490cb7032fdb08db737aa10d7d64a780db697643ece6027d3bc1a511696420e76192648c0d2d74d099c73@boot.canxium.net:30303

Community Mining Pool:
http://e4pool.com/en
Stratum: http://cau.e4pool.com:9236
Pool fee: 1%
Min. payout: 1 CAU once a day
Support: http://t.me/e4pool_howto

http://cau.cryptohood.org/
NEW Canxium POOL auto payout 5CAU
stratum: cau.cryptohood.org:8008
./t-rex -a ethash -o stratum+tcp://cau.cryptohood.org:8008 -u cau_address
AMD user use: teamred miner!

Metamask:

Pages: « 1 [2]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!