[ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network

[Penttikuisma]

I haven't been following dcr for some time now ... is the GUI windows wallet out there ... if yes does it support the staking feature

Native GUI wallet is coming soon, i think. It's already in testnet phase. In the meantime use browser-wallet "https://wallet.decred.org/"
I can't imagine a wallet would be easier to use than that. You can also make paper wallet, simply print the wallet seed to paper and use watch-only copy to checking balance, if you need to store that on computer.

If you want to stake, there's all you need: "https://wiki.decred.org/Solo_Stake_Mining" hardest part is to keep wallet online all the time. (power failures, connection failures)

[1714304939]

1714304939

[1714304939]

1714304939

[Amph]

wow 10th/s network hashrate..

Seems like there is quite a bit of interest in DCR...hashrate keeps climbing.

It's almost the most profitable coin to mine, and now that there is the dualminer with ETH, which is the most profitable coin to mine, it makes sense that hashrate would rise. I wouldn't necessarily expect price to rise though, more likely to drop as farms and stuff dual-mine and dump.

At this price and that diff. it isn't even capable of covering the energy bill.

I got 5 GH/s at 1.000 Watt.

1 KW = 0,24€

1*24*30*0,24 = 172,80€ Energy costs

Outcome = 2,5 DCR / day

2,5*30*0,0035 = 0,2625 BTC / month

1 BTC = 400€

400*0,2625 = 105 € revenue


172,80 - 105 = 67,80€ loss / month

Completely different picture over here. Residential electricity 0.05 cents US. Commercial below 3 cents. So it is profitable and Decred will see some hashing power coming from Eastern Europe.

not to mention that 5 giga for 1kw is wrong as fuck, i have 4.5 giga for 500w, so at 1kw, is 9 giga and not 5 = 45% more = 150 in revenue vs 170, still in loss, but not like his case

in fact ethereum is much more profitable, 240 euro per month for 700w per hour = 240 euro vs 130 euro = net of 110

[Finksy]

You know you can purchase hosting for <$0.10 US/kWh right? Why in the hell would you attempt to mine anything let alone own a fridge @ €0.24/kW? That is absurd, and certainly not grounds to discourage others from mining DCR based on your ridiculous rates...

The same calculations based on a typical North American rate of $0.10/kWh would net you $33/month in revenue using the same hardware.

[myagui]

You know you can purchase hosting for <$0.10 US/kWh right? [...]

@Finksy: Would you happen to know if such a service exists in Europe, apart from the traditional hosting/colocation providers? Cheers!

[Amph]

You know you can purchase hosting for <$0.10 US/kWh right? Why in the hell would you attempt to mine anything let alone own a fridge @ €0.24/kW? That is absurd, and certainly not grounds to discourage others from mining DCR based on your ridiculous rates...

The same calculations based on a typical North American rate of $0.10/kWh would net you $33/month in revenue using the same hardware.

no because usually those that put their hashrate for renting want the same profit they would get if they mine the coin, which is the same as your minus their electricity, which is cheap, so they basically want more than what you will earn with your rig

so it's useless to rent, unless you do it for speculation...and hosting is not feasible if he is not in the usa..

[pokeytex]

Does anyone have a FPGA bitstream for the Cairnsmore1 Spartan 6 units?  I will donate for it.  Please PM me.

[IncludeBeer]

If my ticket has been picked and I get my reward, how is that sent to my wallet?  Does it happen automatically, or is there something I need to do to get my PoS rewards? Thanks!

[bones261]

If my ticket has been picked and I get my reward, how is that sent to my wallet?  Does it happen automatically, or is there something I need to do to get my PoS rewards? Thanks!

I happens automatically. However, it usually takes a day before the coins become spendable. If you have your wallet set to purchase tickets automatically, you may never get to spend the bulk of them unless you adjust your settings.

[IncludeBeer]

If my ticket has been picked and I get my reward, how is that sent to my wallet?  Does it happen automatically, or is there something I need to do to get my PoS rewards? Thanks!

I happens automatically. However, it usually takes a day before the coins become spendable. If you have your wallet set to purchase tickets automatically, you may never get to spend the bulk of them unless you adjust your settings.

Nice, thanks!  Out of curiosity though, the PoS pool shows me a "Redeem Script".  What is that for?

[bones261]

If my ticket has been picked and I get my reward, how is that sent to my wallet?  Does it happen automatically, or is there something I need to do to get my PoS rewards? Thanks!

I happens automatically. However, it usually takes a day before the coins become spendable. If you have your wallet set to purchase tickets automatically, you may never get to spend the bulk of them unless you adjust your settings.

Nice, thanks!  Out of curiosity though, the PoS pool shows me a "Redeem Script".  What is that for?

The redeem script is the private key that you need to import into your local wallet. You do need to do this once before you can redeem any of your rewards, so the answer that I gave you previously, does not totally apply. However, once you import in your wallet, it will be automatic from there.

[IncludeBeer]

If my ticket has been picked and I get my reward, how is that sent to my wallet?  Does it happen automatically, or is there something I need to do to get my PoS rewards? Thanks!

I happens automatically. However, it usually takes a day before the coins become spendable. If you have your wallet set to purchase tickets automatically, you may never get to spend the bulk of them unless you adjust your settings.

Nice, thanks!  Out of curiosity though, the PoS pool shows me a "Redeem Script".  What is that for?

The redeem script is the private key that you need to import into your local wallet. You do need to do this once before you can redeem any of your rewards, so the answer that I gave you previously, does not totally apply. However, once you import in your wallet, it will be automatic from there.

Any chance you know of a guide that explains the steps/commands to import? 

[bones261]

If my ticket has been picked and I get my reward, how is that sent to my wallet?  Does it happen automatically, or is there something I need to do to get my PoS rewards? Thanks!

I happens automatically. However, it usually takes a day before the coins become spendable. If you have your wallet set to purchase tickets automatically, you may never get to spend the bulk of them unless you adjust your settings.

Nice, thanks!  Out of curiosity though, the PoS pool shows me a "Redeem Script".  What is that for?

The redeem script is the private key that you need to import into your local wallet. You do need to do this once before you can redeem any of your rewards, so the answer that I gave you previously, does not totally apply. However, once you import in your wallet, it will be automatic from there.

Any chance you know of a guide that explains the steps/commands to import?  

It gives instructions on the staking pool webpage. Click on "ticket instructions" near the bottom. I would assume you have a local command line wallet and daemon running, right?
I must admit, this command line is a chore and I still don't understand it myself. Hope the mainnet GUI comes out really soon. However, all I've read so far basically is "hurry up and wait."  

[IncludeBeer]

If my ticket has been picked and I get my reward, how is that sent to my wallet?  Does it happen automatically, or is there something I need to do to get my PoS rewards? Thanks!

I happens automatically. However, it usually takes a day before the coins become spendable. If you have your wallet set to purchase tickets automatically, you may never get to spend the bulk of them unless you adjust your settings.

Nice, thanks!  Out of curiosity though, the PoS pool shows me a "Redeem Script".  What is that for?

The redeem script is the private key that you need to import into your local wallet. You do need to do this once before you can redeem any of your rewards, so the answer that I gave you previously, does not totally apply. However, once you import in your wallet, it will be automatic from there.

Any chance you know of a guide that explains the steps/commands to import?  

It gives instructions on the staking pool webpage. Click on "ticket instructions" near the bottom. I would assume you have a local command line wallet and daemon running, right?
I must admit, this command line is a chore and I still don't understand it myself. Hope the mainnet GUI comes out really soon. However, all I've read so far basically is "hurry up and wait."  

Oops, ya you're right.  I forgot I did that way back before I bought my first ticket Thanks for all the help!

[dygus]

We're at the end of accumulation phase. Who hasn't bought so far it's a perfect time to jump in.

[1337leet]

3. time I ask.

What is going on with the cgminer update from Wolf?

[lewis.jr]

We're at the end of accumulation phase. Who hasn't bought so far it's a perfect time to jump in.

yes, decred up to skyrocket thought

[SparkyU]

We're at the end of accumulation phase. Who hasn't bought so far it's a perfect time to jump in.

yes, decred up to skyrocket thought

There is a reason the price isn't rising and won't significantly rise...

There will be a rise and that's when all the airdops will be dumped leaving anyone who was foolish enough to buy in holding the bag.  Good luck.

[nrg_wolf]

We're at the end of accumulation phase. Who hasn't bought so far it's a perfect time to jump in.

yes, decred up to skyrocket thought

There is a reason the price isn't rising and won't significantly rise...

There will be a rise and that's when all the airdops will be dumped leaving anyone who was foolish enough to buy in holding the bag.  Good luck.

guess you have nothing better to do then fud... its all you seem to ever do.

[Ayers]

price is tanking even lower now heading to sub 300k, is this coin doomed? maybe it increased too fast, it wss under 50k at the beginning, what are the new features for this coin, that will increase its hype?

[dygus]

price is tanking even lower now heading to sub 300k, is this coin doomed? maybe it increased too fast, it wss under 50k at the beginning, what are the new features for this coin, that will increase its hype?

LOL. I'm here since the beginning and never saw price below 50k. It touched 150k but only few coins. Most trades were between 300-400k sats.