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Author Topic: [ANN] Ħ [HODL] 5% Interest. No Staking Req. Term Deposits 10%. Solo Mining.  (Read 406991 times)
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FreeTrade
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February 02, 2016, 04:59:44 AM
 #81

It would be the same total whether you put 50 coins in term deposit on each computer, or send 50 to the other computer and deposit 100.  Same thing.

But the time code is blocks, not days.  If you send 10.00001089 (the 89 has to be in the hodortoshi decimal place) it will only lock the coins for 10 blocks x 154 seconds.  There is no bonus for term deposits unless you go over 1 week, 1 month, or 1 year.  A term deposit for less than 1 week would give the same interest as just leaving the coins in your wallet.


It's 2 days actually - above 2 days you start to earn bonus for locking the funds up.

HODLCoin ANN - 5% Interest. No Staking Req. Term Deposits 10%. Solo Mining.http://hodlcoin.com/
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February 02, 2016, 05:00:14 AM
 #82

Can you clarify what happens after 30 days?  If a user can't send coins to himself and start the 30 days over again, does that mean people won't get interest on coins they buy from other people?

Also, does the term APR decrease gradually, or every 16830 blocks?

When the value of an ordinary output (not locked) is calculated, the software only calculates interest for a maximum of 30 days - the user is free to move the balance any time and start earning interest again. Whoever owns the output gains the interest.

The bonus rate decreases gradually.


just glanced at your signature... so this is compound interest? also my previous question above. should the pop up calculate the bonus in the total?
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February 02, 2016, 05:01:46 AM
 #83

trying to lock up some coins - got the pop-up and the estimated total at the end of the term but it doesn't look like it's adding the bonus. Should it?

Yes, it should add in the bonus and tell you what amount to expect when the deposit matures.

HODLCoin ANN - 5% Interest. No Staking Req. Term Deposits 10%. Solo Mining.http://hodlcoin.com/
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February 02, 2016, 05:02:22 AM
 #84

Can you clarify what happens after 30 days?  If a user can't send coins to himself and start the 30 days over again, does that mean people won't get interest on coins they buy from other people?

Also, does the term APR decrease gradually, or every 16830 blocks?

When the value of an ordinary output (not locked) is calculated, the software only calculates interest for a maximum of 30 days - the user is free to move the balance any time and start earning interest again. Whoever owns the output gains the interest.

The bonus rate decreases gradually.


just glanced at your signature... so this is compound interest? also my previous question above. should the pop up calculate the bonus in the total?

Yes, compounded every block. yes to calculation.

HODLCoin ANN - 5% Interest. No Staking Req. Term Deposits 10%. Solo Mining.http://hodlcoin.com/
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February 02, 2016, 05:04:05 AM
 #85

Dang it, got two sessions going on AWS and Google cloud and no blocks yet :/
Than again, its only been an hour.

We needs a pool.

I don't know much about the algo itself, otherwise we could potentially add it to my pool. From what I've looked at it appears to be SHA512, is that right?

I have it compiled for the pool already.

It's a modification on the MemoryCoin algo that gives faster verification times. It's not been used before. It's still possible to get blocks solo mining, but I think you need a powerful cpu at this point.

HODLCoin ANN - 5% Interest. No Staking Req. Term Deposits 10%. Solo Mining.http://hodlcoin.com/
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February 02, 2016, 05:06:02 AM
 #86

Just seen this message in the getinfo 



Is that good or bad?

That means we are seeing a lot of mining. Dark Gravity Wave should adjust difficultly to get us back on track.

HODLCoin ANN - 5% Interest. No Staking Req. Term Deposits 10%. Solo Mining.http://hodlcoin.com/
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February 02, 2016, 05:07:45 AM
 #87



http://tekyboycrypto.xyz/pool

HODL Coin

stratum+tcp://stratum.tekyboy.tk:19015
wallet address as username
password of your choice (it does not matter what you choose)


port 19015 is vardiff
Payouts every 30 mins; minimum 10 HODL


it is still a test pool never done anything out of the box Cheesy so if you have spare hashes direct it towards the pool lets see if any block get confirmed.

Woohoo! That was fast! Thanks Tekyboy. Smiley

HODLCoin ANN - 5% Interest. No Staking Req. Term Deposits 10%. Solo Mining.http://hodlcoin.com/
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February 02, 2016, 05:09:14 AM
 #88

yeah dont direct towards the pool daemon is not accepting blocks edited my first post

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February 02, 2016, 05:10:02 AM
 #89



http://tekyboycrypto.xyz/pool

HODL Coin

stratum+tcp://stratum.tekyboy.tk:19015
wallet address as username
password of your choice (it does not matter what you choose)


port 19015 is vardiff
Payouts every 30 mins; minimum 10 HODL


it is still a test pool never done anything out of the box Cheesy so if you have spare hashes direct it towards the pool lets see if any block get confirmed.

Woohoo! That was fast! Thanks Tekboy. Smiley

And how are we meant to point our CPU's at this pool, where is the mining program to do so ?

Links and everything would be good.

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February 02, 2016, 05:10:11 AM
 #90

what miner are people using for the pools?
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February 02, 2016, 05:13:03 AM
 #91

what miner are people using for the pools?

None unless there is some secretly being hidden away with that Network Hashrate ... 4.9Khs.... it was originally on 1.6Khs just after launch with the 1 reward cap until the 100th block.

{
"blocks" : 271,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00029013,
"errors" : "",
"genproclimit" : -1,
"networkhashps" : 4943,
"pooledtx" : 0,
"testnet" : false,
"chain" : "main",
"generate" : true
}

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February 02, 2016, 10:05:08 AM
 #92

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.
this is so cooool, really great great work! i am watching my balance getting bigger on locked amount for 1year  Cool it's FUN yihaaa

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February 02, 2016, 02:05:53 PM
 #93

A pool is not going to happen unless an experienced stratum dev like ahmed_ or algo master like wolf steps up, as this is a unique/custom algorithm. I left my machines on all night and got 0 blocks, so I'm sure at this point someone has some pretty massive servers or botnet hitting this coin hard.

Also, FreeTrade,
Code:
setgenerate false
results in a QT crash on windows.
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February 02, 2016, 02:15:32 PM
 #94

I left my machines on all night and got 0 blocks, so I'm sure at this point someone has some pretty massive servers or botnet hitting this coin hard.


Exact same experience here and began mining very early. My guess is dev was waiting with the kind of resources you mention or already has a gpu miner. So greed has killed this one already.

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February 02, 2016, 03:10:37 PM
 #95

exactly as far as my absurd knowledge concern; something is not getting tally with conventional RPC calls. either blocktemplate/hash since on pool; miner shares were getting accepted but hashes were censored by daemon Wink

speaking of blockexplorer part; i had tested 3 different explorer versions; but again new blocks were not getting to load since daemon wasnt acknowledging block hashes.

i havent solomine this coin and not sure how that system worked and you guys got some coins in your wallets.

very keen to know solution since i ll learn something new and wanted to put a small bounty for solution;

i ll run anyof my service for your chain free for limited time. please contact me to know more details about the bounty.

OP hope you had received my PM.


Quote
[2016-02-02 00:05:54.138] [DEBUG] [default] - Pool hodlcoin Thread 3 We thought a block was found but it was rejected by the daemon, share data: {"job":"11","ip":"1xxxxx","port":19015,"worker":"xxxxxxxxxxxxxxxxxxxxxxxxxx","height":272,"blockReward":5000000000,"difficulty":0.0002,"shareDiff":"0.00052783","blockDiff":0.000299691,"blockDiffActual":0.000299691,"coinbaseBuffer":[1,0,0,0,1,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,255,255,255,255,75,2,16,1,4,9,57,176,86,8,250,190,109,109,90,0,0,0,16,0,0,0,0,0,0,0,1,184,128,1,1,0,0,0,0,0,0,0,0,85,85,85,9,224,108,201,1,0,0,0,0,0,0,0,24,0,0,0,246,0,0,0,13,47,110,111,100,101,83,116,114,97,116,117,109,47,0,0,0,0,2,0,17,16,36,1,0,0,0,25,118,169,20,218,159,106,108,218,122,197,112,84,138,111,37,104,73,147,59,207,197,138,10,136,172,0,225,245,5,0,0,0,0,25,118,169,20,52,123,76,17,144,180,194,146,205,187,112,128,117,188,72,235,13,70,80,84,136,172,0,0,0,0],"headerHash":[119,116,189,37,158,193,211,177,252,216,117,165,90,202,241,224,236,73,143,151,4,91,125,105,72,237,133,129,102,7,0,0],"blockBigNum":{},"blockHash":"000007668185ed48697d5b04978f49ece0f1ca5aa575d8fcb1d3c19e25bd7477","blockHashInvalid":"000007668185ed48697d5b04978f49ece0f1ca5aa575d8fcb1d3c19e25bd7477"}

TekyBoy    TekyBoy Crypto Services   TekyBoy's Services Announcment[/url]
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February 02, 2016, 03:42:57 PM
 #96

I left my machines on all night and got 0 blocks, so I'm sure at this point someone has some pretty massive servers or botnet hitting this coin hard.


Exact same experience here and began mining very early. My guess is dev was waiting with the kind of resources you mention or already has a gpu miner. So greed has killed this one already.

at least we know that dev is really working on code and its not like a factory manufactured coin Cheesy

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February 02, 2016, 04:25:46 PM
 #97

I left my machines on all night and got 0 blocks, so I'm sure at this point someone has some pretty massive servers or botnet hitting this coin hard.


Exact same experience here and began mining very early. My guess is dev was waiting with the kind of resources you mention or already has a gpu miner. So greed has killed this one already.
Well... After I start mining, it took 1 and a half hour for my first block.
50 minutes later, another one.
AMD 8 core FX processor @ 4 GHz.

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February 02, 2016, 05:23:15 PM
 #98

I left my machines on all night and got 0 blocks, so I'm sure at this point someone has some pretty massive servers or botnet hitting this coin hard.


Exact same experience here and began mining very early. My guess is dev was waiting with the kind of resources you mention or already has a gpu miner. So greed has killed this one already.
Well... After I start mining, it took 1 and a half hour for my first block.
50 minutes later, another one.
AMD 8 core FX processor @ 4 GHz.
3 pc - i7 3770 no blocks, i5 3570 1 block,  i5 3450 no blocks after 5 hours...

                                 
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February 02, 2016, 05:39:37 PM
 #99

I left my machines on all night and got 0 blocks, so I'm sure at this point someone has some pretty massive servers or botnet hitting this coin hard.


Exact same experience here and began mining very early. My guess is dev was waiting with the kind of resources you mention or already has a gpu miner. So greed has killed this one already.
Well... After I start mining, it took 1 and a half hour for my first block.
50 minutes later, another one.
AMD 8 core FX processor @ 4 GHz.
3 pc - i7 3770 no blocks, i5 3570 1 block,  i5 3450 no blocks after 5 hours...

Left a pc with FX-8350 on overnight and must be lucky, sitting at 500 hodl. FX-8320 running last eve got 1 block in 5 hours though =\ hashrate is pretty high still, pool would be wonderful.
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February 02, 2016, 05:48:03 PM
 #100

i5 2500k on all night got 2 blocks 100 hdol ftw? whats the hashrate?
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