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Author Topic: [ANN] Expanse (EXP) - 1st Stable fork of Ethereum (New Algo + PirlGuard)  (Read 961400 times)
cryptoboy.architect
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April 08, 2016, 07:51:48 PM
 #3521

Could Ethereum address be used for mining, i.e. would the same private key generate the same public key in Expanse?

So... no answer to this question? I want to mine, but don't want to download a wallet to create the address. Again - could I just use an ETH address?
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April 08, 2016, 08:28:38 PM
 #3522

Its more profitable mine eth, and then buy exp, mining is not that profitable.

But the Ethereum price has dropped recently. Is it still better to mine eth and sell for expanse?
ethereum diff high but in 24h it still gives more btc then expanse....
expanse its a great coin if dev could make the coin give more btc 24h that ethereum...then everybody would be mining it and trading....
just do the math....more btc in return = more people using it...
I would be one of the first to live eth for exp...
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April 08, 2016, 09:49:39 PM
Last edit: April 08, 2016, 10:00:14 PM by CryptoClub
 #3523

Could Ethereum address be used for mining, i.e. would the same private key generate the same public key in Expanse?

So... no answer to this question? I want to mine, but don't want to download a wallet to create the address. Again - could I just use an ETH address?

I don't think that is possible, what you can do is simply mine to your EXP mining address at a pool, and simply transfer coins every now and then to an EXP exchange address. As long as you are not spamming them and just transferring once a day they likely won't care. Mining pools may not suggest this, but I have done it myself now and then for years and never had a problem before. (Although I set it to transfer only like once a day)

...
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April 08, 2016, 09:56:42 PM
 #3524

Its more profitable mine eth, and then buy exp, mining is not that profitable.

But the Ethereum price has dropped recently. Is it still better to mine eth and sell for expanse?
ethereum diff high but in 24h it still gives more btc then expanse....
expanse its a great coin if dev could make the coin give more btc 24h that ethereum...then everybody would be mining it and trading....
just do the math....more btc in return = more people using it...
I would be one of the first to live eth for exp...

Here is an EXP profit mining calculator, on average EXP has been better profit for mining over time, but ETH has been better lately. This might help some people check what is best at any given time.

https://www.gitbox.link/calc/index.html

mining calc

https://github.com/nrpatten/EXP_All_In_One

all in one mining set up for EXP (From NRpatten)

...
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April 08, 2016, 10:01:33 PM
 #3525

Its more profitable mine eth, and then buy exp, mining is not that profitable.

But the Ethereum price has dropped recently. Is it still better to mine eth and sell for expanse?
ethereum diff high but in 24h it still gives more btc then expanse....
expanse its a great coin if dev could make the coin give more btc 24h that ethereum...then everybody would be mining it and trading....
just do the math....more btc in return = more people using it...
I would be one of the first to live eth for exp...

Here is an EXP profit mining calculator, on average EXP has been better profit for mining over time, but ETH has been better lately. This might help some people check what is best at any given time.

https://www.gitbox.link/calc/index.html

mining calc

https://github.com/nrpatten/EXP_All_In_One

all in one mining set up for EXP (From NRpatten)

thks for links

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cryptoboy.architect
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April 09, 2016, 01:27:36 AM
 #3526

Could Ethereum address be used for mining, i.e. would the same private key generate the same public key in Expanse?

So... no answer to this question? I want to mine, but don't want to download a wallet to create the address. Again - could I just use an ETH address?

I don't think that is possible, what you can do is simply mine to your EXP mining address at a pool, and simply transfer coins every now and then to an EXP exchange address. As long as you are not spamming them and just transferring once a day they likely won't care. Mining pools may not suggest this, but I have done it myself now and then for years and never had a problem before. (Although I set it to transfer only like once a day)

I actually just want to keep it in cold storage. Are you saying that if you use the same exact private key for both ETH and EXP, you won't get the same public address?
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April 09, 2016, 03:36:44 AM
Last edit: April 09, 2016, 06:42:06 AM by usukan
 #3527

anyone used this "all-in-one" miner yet?

https://github.com/nrpatten/EXP_All_In_One

all in one mining set up for EXP (From NRpatten)

It keeps reporting a missing .dll file and its missing the NVIDIA .bat on my desktop - and I am NVIDIA GPU?

so it don't work for me.....

Thanks



Its more profitable mine eth, and then buy exp, mining is not that profitable.

But the Ethereum price has dropped recently. Is it still better to mine eth and sell for expanse?
ethereum diff high but in 24h it still gives more btc then expanse....
expanse its a great coin if dev could make the coin give more btc 24h that ethereum...then everybody would be mining it and trading....
just do the math....more btc in return = more people using it...
I would be one of the first to live eth for exp...

Here is an EXP profit mining calculator, on average EXP has been better profit for mining over time, but ETH has been better lately. This might help some people check what is best at any given time.

https://www.gitbox.link/calc/index.html

mining calc

https://github.com/nrpatten/EXP_All_In_One

all in one mining set up for EXP (From NRpatten)

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April 09, 2016, 09:43:48 AM
Last edit: April 09, 2016, 02:50:55 PM by revelacaogr
 #3528

Could Ethereum address be used for mining, i.e. would the same private key generate the same public key in Expanse?

So... no answer to this question? I want to mine, but don't want to download a wallet to create the address. Again - could I just use an ETH address?

I don't think that is possible, what you can do is simply mine to your EXP mining address at a pool, and simply transfer coins every now and then to an EXP exchange address. As long as you are not spamming them and just transferring once a day they likely won't care. Mining pools may not suggest this, but I have done it myself now and then for years and never had a problem before. (Although I set it to transfer only like once a day)

I actually just want to keep it in cold storage. Are you saying that if you use the same exact private key for both ETH and EXP, you won't get the same public address?


i think its better to mine bitcoin with a digibyte address.....
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April 09, 2016, 01:49:03 PM
 #3529

Its more profitable mine eth, and then buy exp, mining is not that profitable.

But the Ethereum price has dropped recently. Is it still better to mine eth and sell for expanse?
ethereum diff high but in 24h it still gives more btc then expanse....
expanse its a great coin if dev could make the coin give more btc 24h that ethereum...then everybody would be mining it and trading....
just do the math....more btc in return = more people using it...
I would be one of the first to live eth for exp...

Here is an EXP profit mining calculator, on average EXP has been better profit for mining over time, but ETH has been better lately. This might help some people check what is best at any given time.

https://www.gitbox.link/calc/index.html

mining calc

https://github.com/nrpatten/EXP_All_In_One

all in one mining set up for EXP (From NRpatten)

I love this tool, it reminds me a lot (that's normal thought) the Badmofo one, for Ethereum. It reminds me the good old time when I mined something like 17 ETH per 1,5 week. To be back on topic, that's clear that mining Expanse is now a lot less profitable than mining Ethereum. Unfortunately, since I will have to reimburse the mining rig I just bought, that won't be for now that I'll back to Expanse Undecided.
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April 09, 2016, 06:32:54 PM
 #3530

EXP bears are still out... they gotta be running out of exp soon, then we'll hit the moons of neptune Smiley

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April 09, 2016, 06:59:21 PM
 #3531

EXP bears are still out... they gotta be running out of exp soon, then we'll hit the moons of neptune Smiley

The hope is the last thing to lose.
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April 09, 2016, 08:58:34 PM
 #3532

EXP bears are still out... they gotta be running out of exp soon, then we'll hit the moons of neptune Smiley

It will only be a matter of time when we get to see good times for EXP. As for now, I think we should give a bit more time for EXP to grow and then we will see better interest into the coin. As ETH has a value of $9.27, I have no doubt that EXP could be worth $1 or $2 in the next few months. This is starting to get exciting. Looking forward for Borderless.tech to come alive.  Grin

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usukan
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April 09, 2016, 09:29:45 PM
Last edit: April 09, 2016, 10:11:03 PM by usukan
 #3533

actually - they are not all bears - some seem to be large miners

Take this address for instance

0x55dde0ec55419eafff7e02180ec473207d8252bc
http://www.expanse.tech/explorer/account/0x55dde0ec55419eafff7e02180ec473207d8252bc


every 2-4 days it builds up between 2.5k to 9k EXP from mining - and moves into and up on the richlist

On average this one miner mines 200 blocks/day (of the 1440 total blocks per day)

This one miner mines about 14% of supply

The EXP are then transferred to this address
0xb768b8c7013c0c4ec97771fc7e11eb3d44bf7e38
http://www.expanse.tech/explorer/account/0xb768b8c7013c0c4ec97771fc7e11eb3d44bf7e38

Which transfers them all directly (and immediately) to Poloniex and they are sold/dumped

The last transfer to Polo was about 8-9 hrs ago
3500 EXP

This coincides pretty well with the start of last dump (and slide in price) both in timing and volume (for the first phase of the dump).

After this - the sheep just follow and panic sell (or maybe some just see a good chance to manipulate the price down).


If you want to predict when the price will drop - just monitor this address

http://www.expanse.tech/explorer/account/0x55dde0ec55419eafff7e02180ec473207d8252bc

when it transfers to Polo - price will drop.

So in 2-3 days time when the EXP price recovers a bit - the cycle will repeat.


I guess the address will change sometime

And no - they won't run out of EXP to sell






EXP bears are still out... they gotta be running out of exp soon, then we'll hit the moons of neptune Smiley

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April 09, 2016, 10:30:27 PM
 #3534

The only one with 150 exp per day on suprnova is user stv100.
Unless he is on dwarfpool some other guy.


 
 
 
 
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April 09, 2016, 11:16:10 PM
 #3535

and whats his point on dumping? i mean if he wants btc... why doesnt he mine eth, its more profitable nowadays.


 
 
 
 
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April 10, 2016, 12:46:54 AM
 #3536

and whats his point on dumping? i mean if he wants btc... why doesnt he mine eth, its more profitable nowadays.

Yeah, not the most profitable move.

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April 10, 2016, 01:27:27 AM
Last edit: April 10, 2016, 03:49:20 AM by usukan
 #3537

Yes - I was wondering why would you be stupid and mine this much EXP at a loss over the economics of mining ETH?

But there is a "smart" explanation.

The explanation is thats its a determined move to crash the price of EXP to destroy ETH competition.

This miner is solo mining. He is NOT mining in a pool.

For example:
Block Height   212962
Block Hash   0x1782e9f81823344ca9acb5b59c2eea93f684cee41bbac6c960bbca0e5f5c550d
Time   2016-04-09 21:20:24 (2 minutes ago)
Nonce   8413797111271779000
Difficulty   3025731733575
Size   656 bytes
Parent Hash   0xc30cb7769141edbd4b52809906c378780565c7f950033014eaff88d80f369b1e
Uncles Hash   0x1dcc4de8dec75d7aab85b567b6ccd41ad312451b948a7413f0a142fd40d49347
Miner   0x55dde0ec55419eafff7e02180ec473207d8252bc

That address has mined over 6700 blocks so far and heading back into the RichList for a dump again in a day or two.


He has no doubt been a big ETH miner before he set this scheme up - only a month ago.

This is when the address was set up - and a test 1 EXP was sent to test the chain through to Polo.
http://www.expanse.tech/explorer/tx/0x745f660663fc584129d5d8a0758a517e3ddbae2e5033cccb8da56d899f4ea0b7
http://www.expanse.tech/explorer/tx/0xc310844fa02e5381ea521526bf789f3df0dc4568dc62cd8d65f9cdda4f92783f

Polo address:
Account Hash   0x342709de12f503a689efa9671532a72e19a9bbc7
Account Name   Poloniex

My bet is that hes an ETH supporter (or even supported by Ethereum) to crash ETH competition.

Maybe I am too inclined to conspiracy theory and he is just not very smart?

But I don't really think so. Any miner with this much hash can usually figure out the best options to make money.

Who's funding their loss - and if its not funded - whats the motivation?

Of course the next question we need to ask is - Are there any other large miners (or the same miners using different addresses) out there doing the same thing?

I have had a quick scan and the good news is that I can't see any other significant solo miners showing the same patterns as Miner   0x55dde0ec55419eafff7e02180ec473207d8252bc

That does not mean to say some of the major miners on Pools could not be part of the supposed scheme.
stv100 with 150 EXP per day on suprnova is small compared to this solo miner averaging 1600 EXP per day

Any pool miners doing this volume would stand out like a "meerkat in the arctic"










Of course - there is a big positive in all of this.

If you have the gonads to buy EXP amidst this skulduggery

There are a lot of EXP for sale at artificially low prices

Prices that are probably cheaper than actually mining them especially considering capital costs on top of the power costs.

So the loss by the miner here can actually be the advantage of the courageous buyers.

That being said - I will to Polo go and continue my accumulations with hope that the price keeps decreasing........




and whats his point on dumping? i mean if he wants btc... why doesnt he mine eth, its more profitable nowadays.

Yeah, not the most profitable move.

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April 10, 2016, 05:29:29 AM
 #3538

Its not the first time someone wasting so much power doing this...Very interesting... You are like CSI, but on the cryptoworld... following addresses on dark blockchains... heehhehe


 
 
 
 
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April 10, 2016, 06:35:57 PM
 #3539

Its not the first time someone wasting so much power doing this...Very interesting... You are like CSI, but on the cryptoworld... following addresses on dark blockchains... heehhehe

Interesting, but if you look at Ethereum and most other alts they are also in the same situation with price, so the variance is more likely related to BTC itself I think. The halving event for Bitcoin, and concerns about the block size debate seem like the biggest factors right now. Although I am some sure miners do their thing for profit. (normal)

...
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April 10, 2016, 07:36:45 PM
 #3540

Its not the first time someone wasting so much power doing this...Very interesting... You are like CSI, but on the cryptoworld... following addresses on dark blockchains... heehhehe

Interesting, but if you look at Ethereum and most other alts they are also in the same situation with price, so the variance is more likely related to BTC itself I think. The halving event for Bitcoin, and concerns about the block size debate seem like the biggest factors right now. Although I am some sure miners do their thing for profit. (normal)


Hummm strike two.... covering again for the obvious trading shenanigans going on in this coin i see, read between the lines people!!

O and btc has nothing to do with this all the real traders know its in bearland theses small rises mean nothing and halving has never changed price.
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