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Author Topic: [ANN] Ħ [HODL] No Staking, 1% Standard Interest per Day, 750% APR For HOdlers  (Read 472773 times)
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Billyboy4022
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March 30, 2016, 12:16:38 AM
 #1421

I have 50 h/s with my cpu i-5 2320. its OK? Is it worth to mine this coin?

I only get about 70 with my i5 4670K so i guess it about right
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Billyboy4022
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March 30, 2016, 12:31:19 AM
 #1422

When you put your coin in the term depoist to get interest - DO you have to leave the wallet open for the full 30 days ?  or can I close it and come back in 30 days to collect my interests ?


also want to confirm the max compounding rate is 30 days ? so it is best to keep making 30 day term then lock it away for a
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March 30, 2016, 12:33:11 AM
 #1423

When you put your coin in the term depoist to get interest - DO you have to leave the wallet open for the full 30 days ?  or can I close it and come back in 30 days to collect my interests ?


also want to confirm the max compounding rate is 30 days ? so it is best to keep making 30 day term then lock it away for a

You can leave it closed and come back and move your coins every 30 days.

The wallet doesn't need to be open to gain interest, this isn't a PoS coin lol.
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March 30, 2016, 12:40:48 AM
 #1424

When you put your coin in the term depoist to get interest - DO you have to leave the wallet open for the full 30 days ?  or can I close it and come back in 30 days to collect my interests ?


also want to confirm the max compounding rate is 30 days ? so it is best to keep making 30 day term then lock it away for a


Ok there is Standard and Term interest.. Term is when you lock them up and has nothing to do with the 30 days.. Term you lock them up for the length of the Term you decide on (1yr Max)

 Standard interest is paid on every Hodl out there.. Every block.. standard stops accumulating after 30 days and has to be moved (simply sent back to your self..)

Both happen with the wallet closed, Open, Printed, Deep frozen or Set on fire..

Here is a video I made as a guide..
https://youtu.be/_7CUiORCZGY


Royalties
pays interest on Term Deposits up to 15%!! Yes even Cold Storage!!
Billyboy4022
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March 30, 2016, 01:06:58 AM
 #1425

so with the stardard interest  do you only get 5% apr ...... and with the term you get the bonus interest 1000% +
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March 30, 2016, 01:11:41 AM
 #1426

18:48:15

{
"blocks" : 19558,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 0.00165300,
"errors" : "",
"genproclimit" : -1,
"networkhashps" : 39249,
"pooledtx" : 0,
"testnet" : false,
"chain" : "main",
"generate" : false,
"hashespersec" : 0
}

Very Hard Slow Please Help me  Angry

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March 30, 2016, 01:14:02 AM
 #1427

so with the stardard interest  do you only get 5% apr ...... and with the term you get the bonus interest 1000% +

No.

You get the standard interest (about 5%) no matter what.

You also get the bonus interest no matter what, which is well over 5% now and continues until it runs out gradually over about two years.

You also get the term bonus if you lock for a term.

Your coins need to be moved every 30 days to keep earning interest, but not if they are locked for a term.

Quote
also want to confirm the max compounding rate is 30 days ? so it is best to keep making 30 day term then lock it away for a

No it is not. The maximum term bonus is for one year. Read the OP.
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March 30, 2016, 01:17:01 AM
 #1428

18:48:15

{
"blocks" : 19558,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 0.00165300,
"errors" : "",
"genproclimit" : -1,
"networkhashps" : 39249,
"pooledtx" : 0,
"testnet" : false,
"chain" : "main",
"generate" : false,
"hashespersec" : 0
}

Very Hard Slow Please Help me  Angry

i'm going to assume you are trying to show us that your hashrate is low...

seeing that "generate" is false, of course it is
Billyboy4022
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March 30, 2016, 01:29:49 AM
 #1429

so with the stardard interest  do you only get 5% apr ...... and with the term you get the bonus interest 1000% +

No.

You get the standard interest (about 5%) no matter what.

You also get the bonus interest no matter what, which is well over 5% now and continues until it runs out gradually over about two years.

You also get the term bonus if you lock for a term.

Your coins need to be moved every 30 days to keep earning interest, but not if they are locked for a term.

Quote
also want to confirm the max compounding rate is 30 days ? so it is best to keep making 30 day term then lock it away for a

No it is not. The maximum term bonus is for one year. Read the OP.


ok thanks

how much better it the Term bonus then just leaving it in my wallet? is there a comparison

or is it the same as http://hodlcoin.github.io/ but leaving the term on 1 day ?

just wonder if it better to lock away for 12 months , then leave it in my wallet and sell it when the price goes up in 6 months  Wink


also is there any way to unlock a term deposit ( even if you lose the interest ? penalty? )


also do you lock the interest rate at the current price if you get a term deposit ?
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March 30, 2016, 01:41:41 AM
 #1430

I deposite HODL every 1 month.
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March 30, 2016, 01:52:34 AM
 #1431

so with the stardard interest  do you only get 5% apr ...... and with the term you get the bonus interest 1000% +

No.

You get the standard interest (about 5%) no matter what.

You also get the bonus interest no matter what, which is well over 5% now and continues until it runs out gradually over about two years.

You also get the term bonus if you lock for a term.

Your coins need to be moved every 30 days to keep earning interest, but not if they are locked for a term.

Quote
also want to confirm the max compounding rate is 30 days ? so it is best to keep making 30 day term then lock it away for a

No it is not. The maximum term bonus is for one year. Read the OP.


ok thanks

how much better it the Term bonus then just leaving it in my wallet? is there a comparison

or is it the same as http://hodlcoin.github.io/ but leaving the term on 1 day ?

just wonder if it better to lock away for 12 months , then leave it in my wallet and sell it when the price goes up in 6 months  Wink


also is there any way to unlock a term deposit ( even if you lose the interest ? penalty? )


also do you lock the interest rate at the current price if you get a term deposit ?

You always get exponentially more interest on Term deposits then you will earn with just Standard interest.. Something to note.. That you get locked in (as in its set, not being "locked") to the current Standard interest rate the moment it's moved to the address.. Then in 30 days when you move it (or when ever you move it) again your locked at that much lower standard interest rate for the next 30 days..

 With Terms you get that same rate through the whole term..

Ok I know we as a mass may still be getting use to blockchain technology with its redundant certainties and with its lack of being able to be manipulated or controlled by a central authority.. And Term deposits may look like a CD that you get issued by your local bank.. But your deposits are written to the blockchain and can not be unwritten for a penalty or a loss of interest..



Royalties
pays interest on Term Deposits up to 15%!! Yes even Cold Storage!!
midnight_miner
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March 30, 2016, 02:16:20 AM
 #1432

18:48:15

{
"blocks" : 19558,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 0.00165300,
"errors" : "",
"genproclimit" : -1,
"networkhashps" : 39249,
"pooledtx" : 0,
"testnet" : false,
"chain" : "main",
"generate" : false,
"hashespersec" : 0
}

Very Hard Slow Please Help me  Angry

i'm going to assume you are trying to show us that your hashrate is low...

seeing that "generate" is false, of course it is

Actually, if you turn on mining through the menu option in the wallet, the 'getmininginfo' still shows false.  But the wallet is indeed mining.

Must be a small bug.

Code:
{
"blocks" : 30699,
"currentblocksize" : 1903,
"currentblocktx" : 4,
"difficulty" : 0.00768180,
"errors" : "",
"genproclimit" : -1,
"networkhashps" : 133437,
"pooledtx" : 4,
"testnet" : false,
"chain" : "main",
"generate" : false,
"hashespersec" : 22
}
sebungkus
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March 30, 2016, 02:35:45 AM
 #1433



i'm going to assume you are trying to show us that your hashrate is low...

seeing that "generate" is false, of course it is

Actually, if you turn on mining through the menu option in the wallet, the 'getmininginfo' still shows false.  But the wallet is indeed mining.

Must be a small bug.

Code:
{
"blocks" : 30699,
"currentblocksize" : 1903,
"currentblocktx" : 4,
"difficulty" : 0.00768180,
"errors" : "",
"genproclimit" : -1,
"networkhashps" : 133437,
"pooledtx" : 4,
"testnet" : false,
"chain" : "main",
"generate" : false,
"hashespersec" : 22
}

Thanks all , I was still confused, and a lot of reading the previous page.  Angry

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March 30, 2016, 02:43:11 AM
 #1434

so with the stardard interest  do you only get 5% apr ...... and with the term you get the bonus interest 1000% +

No.

You get the standard interest (about 5%) no matter what.

You also get the bonus interest no matter what, which is well over 5% now and continues until it runs out gradually over about two years.

You also get the term bonus if you lock for a term.

Your coins need to be moved every 30 days to keep earning interest, but not if they are locked for a term.

Quote
also want to confirm the max compounding rate is 30 days ? so it is best to keep making 30 day term then lock it away for a

No it is not. The maximum term bonus is for one year. Read the OP.


ok thanks

how much better it the Term bonus then just leaving it in my wallet? is there a comparison

You will end up with many more coins by locking for a term.

Quote
just wonder if it better to lock away for 12 months , then leave it in my wallet and sell it when the price goes up in 6 months  Wink

No one can answer what is "better" because the future price of the coin is unknown. You will have to apply your own judgement.

Quote
also is there any way to unlock a term deposit ( even if you lose the interest ? penalty? )

No

Quote
also do you lock the interest rate at the current price if you get a term deposit ?

Yes you get the current rate (plus bonuses) for the entire term.
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March 30, 2016, 02:57:22 AM
 #1435

Ok after 2 full test days on the pool I figured I would pass along my findings..

So doing the math on number of blocks I found on the pool and number of Hodl I earned I only kept 72.4% of what I found.. This is only my findings , yours may vary.. So to put this to numbers based on my findings if you solo mined 1000 Hodl you only keep 724 of them..
we really need a pool now coz it's too hard to solo mine .
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March 30, 2016, 03:49:48 AM
 #1436

is there a Google sheet with the interest days

Day  0 ~ 2174%
Day 30 ~ 1881%
Day 60 ~ 1543%
Day 90 ~ 1317%
.
.
Day 660 ~ 0.230% APR
Day 690 ~ 0.029% APR
Day 730 ~ no bonus


There a huge gap from 90 day to 660 , and a google sheet the public could help user
ilgio
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March 30, 2016, 10:56:07 AM
 #1437

Code:
sudo apt-get update
sudo apt-get install gcc g++ make automake autoconf pkg-config libboost-all-dev libssl-dev
sudo apt-get install libcurl4-openssl-dev libjansson-dev
wget https://hodl.blockquarry.com/downloads/hodlminer.tar.gz
tar -zxvf hodlminer.tar.gz
cd hodlminer
./autogen.sh
./configure CFLAGS="-Ofast -march=native" CXXFLAGS="-Ofast -march=native"
make -j
sudo make install
hodlminer -a hodl -o stratum+tcp://hodl.blockquarry.com:3032 -u Weblogin.WorkerName -p WorkerPassword -t 8

Note the -t is for the number of mining threads you would like to use.. if you omit it completely (remove "-t x") the miner will auto detect the max number of threads..

made a couple changes to the above. You left out 'install' in one of your apt-get lines, and since 'sudo make install' is being called, there is no need to keep the source folder after compiling, nor is there a reason to run the binary from within the source folder as it is "installed" in a system path.

please
in OSX how to compiled ??

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March 30, 2016, 02:12:26 PM
 #1438

Guys I am a fuckin noob...
What cpu-miner do you use except for the wallet miner?Thanks!
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March 30, 2016, 02:22:06 PM
 #1439

Guys I am a fuckin noob...
What cpu-miner do you use except for the wallet miner?Thanks!
Depends on what you want to do, if you want to pool mine you have to use the standaloneminer. If you want to solo mine you can use the in-wallet miner or the standalone miner.
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March 30, 2016, 02:23:39 PM
 #1440

Guys I am a fuckin noob...
What cpu-miner do you use except for the wallet miner?Thanks!

CPU Miner and Mining Pool all in one site:

https://hodl.blockquarry.com/index.php?page=gettingstarted
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