[ANN][VRM] Verium PoWT | CPU mining | scrypt² | Scaling | New Roadmap Released

[nezto77]

run the wallet and put to mining. and already 12 hours , but did not get the block at all . whereas div very low , what happens ? is there any other way to run a mine with verium ?

[MAD945]

It has begun!

People trying to find out how the hell can I get more...faster. Let the space race begin

[truerue]

run the wallet and put to mining. and already 12 hours , but did not get the block at all . whereas div very low , what happens ? is there any other way to run a mine with verium ?

Diff is low, but hashrate is also low with this coin, near 600hashes/min for an average PC. It's  ok to find no blocks within 12 hours on regular computer.

OCminer has provided alternative miner https://github.com/ocminer/cpuminer-verium , but it haven't been tested yet, so there is no warranty that it's better than built-in one.

[MAD945]

We are at 300 nodes and rising not bad after 2 days after release

[ocminer]

It has begun!

People trying to find out how the hell can I get more...faster. Let the space race begin

We are at 300 nodes and rising not bad after 2 days after release

R u on drugs or a paid promo guy? 

[MAD945]

It has begun!

People trying to find out how the hell can I get more...faster. Let the space race begin

We are at 300 nodes and rising not bad after 2 days after release

R u on drugs or a paid promo guy? 

Mostly drugs...but hey at least I'm having a good time

[pnosker]

I've got an unoptimized version up here:

https://github.com/ocminer/cpuminer-verium

However, there is no working testnet, so it's hard to tell if its working now as diff is already sky high and someone most likely has an optimized version or even a GPU miner. I've had it running for about 10 hours on a 16 CPU VM but couldn't found a block - however also no rejects, so I cannot say that it's working or not.

If I have some extra time I'll try to get testnet running again and debug more.

The miner will take ages before it prints first results as the huge memory page has to be filled at first, don't worry, just let it sit.

This codebase is the same as the wallet so I wouldn't expect any issues. There isn't a way to make a faster GPU miner with the current ram as they have now. Since each thread requires at least 128 MB of ram, and the best GPUs have 8GB, you could only run at most ~80ish threads instead of the 2500+ you can for standard scrypt and it ends up being slower than a CPU thanks to poor GPU branch prediction, clocks, etc.

It might be possible to optimize the CPU miner, but we already optimized the low hanging fruit with compiler and CPU extension optimization.

Good work, though. Thanks for doing this.

Also, to clarify, does 16 CPU VM mean 16 cores or 16 logical hyper threaded cores? What hash rate are you getting?

16 virtual cores, it's a DO container.

Even after now almost 20h not a single block...

I hope someone will release an optimized miner to the public soon...

What's your hashrate? You can use ./veriumd getmininginfo

As for an optimized miner, we aren't using anything outside of the public code on the git repo. Verium is not designed to let lots of people get blocks easily, the block time is 4.81667 minutes now with a reward of 7.22614 (as of 3:15 PM EST 9/2/16), and the network hashrate is 216.41 kH/m. My computer runs at 1525 kH/m (core i7-3960x at 4.4 ghz), so every 144 blocks or so I SHOULD get a block (1.525/216.41). You can calculate your likeliness the same way.

[loremipsum]

run the wallet and put to mining. and already 12 hours , but did not get the block at all . whereas div very low , what happens ? is there any other way to run a mine with verium ?

Diff is low, but hashrate is also low with this coin, near 600hashes/min for an average PC. It's  ok to find no blocks within 12 hours on regular computer.

OCminer has provided alternative miner https://github.com/ocminer/cpuminer-verium , but it haven't been tested yet, so there is no warranty that it's better than built-in one.

What parameters do you use for OCminer?

I'm mining with the wallet and found 2 blocks in 24 hours

[pwpwpw]

I've got an unoptimized version up here:

https://github.com/ocminer/cpuminer-verium

However, there is no working testnet, so it's hard to tell if its working now as diff is already sky high and someone most likely has an optimized version or even a GPU miner. I've had it running for about 10 hours on a 16 CPU VM but couldn't found a block - however also no rejects, so I cannot say that it's working or not.

If I have some extra time I'll try to get testnet running again and debug more.

The miner will take ages before it prints first results as the huge memory page has to be filled at first, don't worry, just let it sit.

This codebase is the same as the wallet so I wouldn't expect any issues. There isn't a way to make a faster GPU miner with the current ram as they have now. Since each thread requires at least 128 MB of ram, and the best GPUs have 8GB, you could only run at most ~80ish threads instead of the 2500+ you can for standard scrypt and it ends up being slower than a CPU thanks to poor GPU branch prediction, clocks, etc.

It might be possible to optimize the CPU miner, but we already optimized the low hanging fruit with compiler and CPU extension optimization.

Good work, though. Thanks for doing this.

Also, to clarify, does 16 CPU VM mean 16 cores or 16 logical hyper threaded cores? What hash rate are you getting?

16 virtual cores, it's a DO container.

Even after now almost 20h not a single block...

I hope someone will release an optimized miner to the public soon...

What's your hashrate? You can use ./veriumd getmininginfo

As for an optimized miner, we aren't using anything outside of the public code on the git repo. Verium is not designed to let lots of people get blocks easily, the block time is 4.81667 minutes now with a reward of 7.22614 (as of 3:15 PM EST 9/2/16), and the network hashrate is 216.41 kH/m. My computer runs at 1525 kH/m (core i7-3960x at 4.4 ghz), so every 144 blocks or so I SHOULD get a block (1.525/216.41). You can calculate your likeliness the same way.

you mean 1525 H/m and that is a very high hashrate, normal PCs like an i5 2500 can do no more than 4-500H/m if you still wanna use the PC for browsing and such. Optimized miner or not, a pool would make mining alot better, some people mine this from the beginning without getting any blocks, the luck factor is too high here.

[jeewaka]

actually the luck factor is so bad, I was very lucky to get 3 blocks in 24hours, while my friend who was mining with the same config pc as mine for 24 hours did not find one block.

[menace.bit]

is there already exchange or plan to add verium to major exchanges?

[l8nit3]

Just found my first block second gen i3 cpu in my laptop

[MAD945]

is there already exchange or plan to add verium to major exchanges?

They are in contact with multiple exchanges Polo, Bittrex, etc. They looking to get VRC/VRM trading pair

[Walrusbonzo]

I've found a couple on my i7 4790k, but not my FX 9370 or Pentium G3220

[idolacchacked]

I've got an unoptimized version up here:

https://github.com/ocminer/cpuminer-verium

However, there is no working testnet, so it's hard to tell if its working now as diff is already sky high and someone most likely has an optimized version or even a GPU miner. I've had it running for about 10 hours on a 16 CPU VM but couldn't found a block - however also no rejects, so I cannot say that it's working or not.

If I have some extra time I'll try to get testnet running again and debug more.

The miner will take ages before it prints first results as the huge memory page has to be filled at first, don't worry, just let it sit.

This codebase is the same as the wallet so I wouldn't expect any issues. There isn't a way to make a faster GPU miner with the current ram as they have now. Since each thread requires at least 128 MB of ram, and the best GPUs have 8GB, you could only run at most ~80ish threads instead of the 2500+ you can for standard scrypt and it ends up being slower than a CPU thanks to poor GPU branch prediction, clocks, etc.

It might be possible to optimize the CPU miner, but we already optimized the low hanging fruit with compiler and CPU extension optimization.

Good work, though. Thanks for doing this.

Also, to clarify, does 16 CPU VM mean 16 cores or 16 logical hyper threaded cores? What hash rate are you getting?

16 virtual cores, it's a DO container.

Even after now almost 20h not a single block...

I hope someone will release an optimized miner to the public soon...

What's your hashrate? You can use ./veriumd getmininginfo

As for an optimized miner, we aren't using anything outside of the public code on the git repo. Verium is not designed to let lots of people get blocks easily, the block time is 4.81667 minutes now with a reward of 7.22614 (as of 3:15 PM EST 9/2/16), and the network hashrate is 216.41 kH/m. My computer runs at 1525 kH/m (core i7-3960x at 4.4 ghz), so every 144 blocks or so I SHOULD get a block (1.525/216.41). You can calculate your likeliness the same way.

1525 h/m with 3960x? im have the same cpu and only get 900 ish on win 10, what am i doing wrong :/

[phantagram]

this mining is very slow on my laptop and no blocks.

what is the purpose of verium? just to make vericoin devs money in the ICO?

[MAD945]

this mining is very slow on my laptop and no blocks.

what is the purpose of verium? just to make vericoin devs money in the ICO?

Go mine Bitcoin and tell me how far you get

The whole point of Verium is to be what Bitcoin was supposed to be, a CPU mineable Commodity. What gives Bitcoin it's value? The work and resources put in to mining it. What we have here is a new start to what Bitcoin was supposed to be until it turned into a arms race of who has the most ASICs. With the pairing of Vericoin with Verium we have a PoW Commodity which attains it's value through work and time and a spendable currency which is fast and efficient working on the same blockchain. With this we also have a solution to scaling as well.

I've gotten 3 blocks over 3 days at 600mh for a total of 26 VRM, I think that's pretty good for just letting my laptop sit there and work.

[truerue]

run the wallet and put to mining. and already 12 hours , but did not get the block at all . whereas div very low , what happens ? is there any other way to run a mine with verium ?

Diff is low, but hashrate is also low with this coin, near 600hashes/min for an average PC. It's  ok to find no blocks within 12 hours on regular computer.

OCminer has provided alternative miner https://github.com/ocminer/cpuminer-verium , but it haven't been tested yet, so there is no warranty that it's better than built-in one.

What parameters do you use for OCminer?

I'm mining with the wallet and found 2 blocks in 24 hours

I'm using standard miner, haven't tried OCminer's yet. Just stated that it was released.

[Crypt0bull]

this mining is very slow on my laptop and no blocks.

what is the purpose of verium? just to make vericoin devs money in the ICO?

Go mine Bitcoin and tell me how far you get

The whole point of Verium is to be what Bitcoin was supposed to be, a CPU mineable Commodity. What gives Bitcoin it's value? The work and resources put in to mining it. What we have here is a new start to what Bitcoin was supposed to be until it turned into a arms race of who has the most ASICs. With the pairing of Vericoin with Verium we have a PoW Commodity which attains it's value through work and time and a spendable currency which is fast and efficient working on the same blockchain. With this we also have a solution to scaling as well.

I've gotten 3 blocks over 3 days at 600mh for a total of 26 VRM, I think that's pretty good for just letting my laptop sit there and work.

Running 870 H/m and found 9 blocks for a total of 103 VRM. (First 4 within the first hour after launch).. 

[.m.]

NICE !
It says less than 500 on my desktop