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Author Topic: [ANN] Ħ [HODL] 5% Interest. No Staking Req. Term Deposits 10%. Solo Mining.  (Read 426585 times)
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FreeTrade
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February 01, 2016, 09:50:58 PM
 #41

Up to Block 53 now.

The first 100 blocks have a mini (1 HODL) subsidy.

50 HODL blocks start at block 101

HODLCoin ANN - 5% Interest. No Staking Req. Term Deposits 10%. Solo Mining.http://hodlcoin.com/
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February 01, 2016, 10:43:28 PM
 #42

Miner?
stoner19
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February 01, 2016, 11:03:59 PM
 #43

Miner?

Its built into the QT windows wallet, or the source if you can get it to compile. I'm having trouble related to
Code:
libbitcoin_common_a-chainparams.o
it appears
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February 01, 2016, 11:06:19 PM
 #44

Quote
Its built into the QT windows wallet

Only setgenerate true?
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February 01, 2016, 11:10:30 PM
 #45

Miner?

Its built into the QT windows wallet, or the source if you can get it to compile. I'm having trouble related to
Code:
libbitcoin_common_a-chainparams.o
it appears

Any more details on the error?

HODLCoin ANN - 5% Interest. No Staking Req. Term Deposits 10%. Solo Mining.http://hodlcoin.com/
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February 01, 2016, 11:12:03 PM
 #46

Quote
Its built into the QT windows wallet

Only setgenerate true?

correct, setgenerate true in console tab for debug window
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February 01, 2016, 11:30:39 PM
 #47

can it be mined with cpu?
The Algorithm is Pattern Search - it's going to be similar to the MemoryCoin 2.0 PoW

https://bitcointalk.org/index.php?topic=355532.msg3945848#msg3945848

It'll run well on CPUs with AES instructions and min 1GB RAM, and there will likely be a GPU miner released that will be less than 2X more effective than fast CPU miners.

There will be a CPU miner in the source and with the initial windows release.

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February 01, 2016, 11:36:10 PM
 #48

Miner?

Its built into the QT windows wallet, or the source if you can get it to compile. I'm having trouble related to
Code:
libbitcoin_common_a-chainparams.o
it appears

Any more details on the error?
It appears that changing line 101 in src/chainparams.cpp from printf to LogPrintf fixed my compile issue. Thanks to iDunk for that.

pull request submitted on github. https://github.com/FreeTrade/HODLCoin/pull/1
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February 01, 2016, 11:36:46 PM
 #49

How do I start mining within the windows qt wallet?

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February 01, 2016, 11:41:40 PM
 #50

also, compiling on linux, it's still named bitcoin-qt, bitcoind, bitcoin-tx, and bitcoin-cli, as well as sets the default configuration file to ~/.bitcoin/bitcoin.conf

This obviously can create a pretty significant issue for anyone already running bitcoin.
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February 01, 2016, 11:55:47 PM
 #51

How do I start mining within the windows qt wallet?

Boot it up, go to Help -> Debug Window -> "Console" tab

In the console, type "setgenerate true" (no quotes obviously), and it will start mining. Only way to tell if it's mining is to look at your CPU performance..if it's at 100% and your RAM is 1gb less..then it's mining :p
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February 02, 2016, 12:12:51 AM
 #52

How do I start mining within the windows qt wallet?

Boot it up, go to Help -> Debug Window -> "Console" tab

In the console, type "setgenerate true" (no quotes obviously), and it will start mining. Only way to tell if it's mining is to look at your CPU performance..if it's at 100% and your RAM is 1gb less..then it's mining :p

Thank you very much! I'm mining!

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February 02, 2016, 12:24:03 AM
 #53

also, compiling on linux, it's still named bitcoin-qt, bitcoind, bitcoin-tx, and bitcoin-cli, as well as sets the default configuration file to ~/.bitcoin/bitcoin.conf

This obviously can create a pretty significant issue for anyone already running bitcoin.

Thanks for these - merged your pull and working on fixes for other issues now.

HODLCoin ANN - 5% Interest. No Staking Req. Term Deposits 10%. Solo Mining.http://hodlcoin.com/
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February 02, 2016, 12:39:26 AM
 #54

So I hit a block on 1 of my 2 Computers but the transaction vanished.... Orphan ?

Is setgenerate true the only way to mine this algorithm currently ?

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February 02, 2016, 02:13:20 AM
 #55

mining, will see what it do. Smiley

$MAID & $BTC other than that some short hodls and some long held garbage.
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February 02, 2016, 02:47:50 AM
 #56

Now that you've got some HODL, you'll want to know how to make a term deposit to get the huge interest rates.


How To Make A Term Deposit:

The GUI doesn't have a user friendly interface for making term deposits yet, but it uses a secret code to regard some transactions as term deposits.

So lets say I want to make a term deposit of 100 HODL, for the maximum period of 1 year.

Well I'd grab one of my own addresses and send the sum of 100.20476589

How to arrive at that figure? The amount has to end in 89 satoshis - that's the secret code, and the preceeding 6 digits are used for the number of blocks.

There are 561 blocks in a day and 365 blocks in a year,
1 year = 365 x 561 = 204765

so thats 100 (number of HODL) + .204765 (number of blocks) + 89 (secret code)

for 100 for 1 month, it would be
1 month = 30 x 561 = 16830

so thats 100 (number of HODL) + .016830 (number of blocks, don't forget the zero at the front) + 89 (secret code)


If you make a term deposit, a dialog will pop up with information about interest rates, and you'll have a chance to cancel. If you make a mistake with the number, don't worry, you'll just send the funds to yourself. But remember, once you make a term deposit, those funds are LOCKED until the maturation date. That's the price you pay for the very good interest rates.

HODLCoin ANN - 5% Interest. No Staking Req. Term Deposits 10%. Solo Mining.http://hodlcoin.com/
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February 02, 2016, 02:50:07 AM
 #57

Now that you've got some HODL, you'll want to know how to make a term deposit to get the huge interest rates.


How To Make A Term Deposit:

The GUI doesn't have a user friendly interface for making term deposits yet, but it uses a secret code to regard some transactions as term deposits.

So lets say I want to make a term deposit of 100 HODL, for the maximum period of 1 year.

Well I'd grab one of my own addresses and send the sum of 100.20476589

How to arrive at that figure? The amount has to end in 89 satoshis - that's the secret code, and the preceeding 6 digits are used for the number of blocks.

There are 561 blocks in a day and 365 blocks in a year,
1 year = 365 x 561 = 204765

so thats 100 (number of HODL) + .204765 (number of blocks) + 89 (secret code)

If you make a term deposit, a dialog will pop up with information about interest rates, and you'll have a chance to cancel. If you make a mistake with the number, don't worry, you'll just send the funds to yourself. But remember, once you make a term deposit, those funds are LOCKED until the maturation date. That's the price you pay for the very good interest rates.

that is nice wonder how to mine this coin im not having any powerful cpu so need to hire rig any suggestions?

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February 02, 2016, 03:02:19 AM
 #58


very nice.. I don't have a strong cpu so if anyone wants to sell some PM me your price.

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February 02, 2016, 03:05:58 AM
 #59

seems my ram was HODLING some correct hashes Tongue will be locking them up upon confirmation.

$MAID & $BTC other than that some short hodls and some long held garbage.
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February 02, 2016, 03:32:16 AM
 #60



Everyone loves charts!

Here's the return on a 1 year term deposit . . . notice it declines rapidly.

So a term deposit of 100 HODL today will return about 4300 HODL in 1 year. But wait a month to term deposit, and it's way down to 3700 HODL. Wait a year, and it's a paltry 400 HODL return. Wait two years, and it returns 110 - the long term rate of 10%.

HODLCoin ANN - 5% Interest. No Staking Req. Term Deposits 10%. Solo Mining.http://hodlcoin.com/
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