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Author Topic: [ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit  (Read 107923 times)
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Plainkoin
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November 08, 2017, 01:48:25 AM
Last edit: November 12, 2017, 03:13:33 AM by Plainkoin
 #321

Who can compete with this  Sad






The reality is if there is a chance to profit, people are going pony up the hardware or buy the hashing power to accumulate as much as they can.

Before I share a very short story...  With ROIcoin and huge thanks to Ray Dillingers MIDAS, no matter how big the whale, only 86,400 coins are going to get out each 24 hour period, roughly...  The problem with the whales is the difficulty level goes sky high, which then brings in a pool, to let the i5s hash away...

The only way to compete with a whale is to become one.  It can be done, even on a budget.  My best friend liked HP based i7 3770s, good bang for the buck at the time.  Nothing fancy, just a solid hasher at a good price point that many could be accumulated, multiplying his hashing rate to dominate.  (This may have changed, please do your own research when deciding what hardware you want to load up on.)

Me?  I love blade servers!  They stack and rack nice, parts dirt cheap and the HP GL380 G7s are built like tanks.  But it has to be a 12 core (dual) E56xx (6-core) processors with 24 GB of RAM and modest 10k drives.  I pick these up off EBay for less than $200 each with free shipping. Load Win10 Pro with a $4 license from an EBay guy in the UK.  But that's me..., the CPU architecture is older, but I can generally get 300H/s from each box.  Stack 8 on a 42U rack with a KVM and LCD and it fits perfect in the corner and doubles as a furnace.  Again, I am not recommending these, but I like them because I can always re-purpose them later for a home server to sell off.  And I find them easy to manage.  Yeah, there is better hardware out there.  But its the cost of each hash that I am looking at and its what I can afford for now.

What I am getting at is that a hash race is still an arms race, CPU, GPU, ASIC.  We had no idea and feel so blessed for the events and tremendous community interest and support over the last 3 days.  Each and every one of you is investing and invested in ROIcoin, to one degree or another.  There are many readers on the forum in the shadows...  I guarantee, they got the hardware and they have a plan.  But it took them time to arm up, learn the business, and when an opportunity arose, made a decision on whether or not to power up the rigs.  Which I believe occurred mid Sunday morning.  Smiley

It was a long road getting here, and yet the road is just beginning as we now lay plans to evolve and grow ROIcoin into more than just a market asset.  Hopefully moving into that field of competition for a usable coin in the real world.  It is a long road ahead with a coin that has great potetial.  And while the difficulty may increase in the meantime, you still have time to shop for your boxes to give yourself an edge, one step closer to your next target.

So don't despair.  Have faith in yourself, do your homework and invest your resources wisely.  And by all means, ask questions...  Maybe one of those quite super hashers lurking in the shadows will come out and share a few secrets.

*** Again, I am not endorsing the above mentioned hardware.  Do your research, maybe you can afford higher end hashing or maybe Nicehash is the route for you...  Smiley

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DisasterFaster (OP)
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November 08, 2017, 02:09:13 AM
 #322

I would be curious to know how many people have mined for 24 hours without getting even 1 block?
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November 08, 2017, 02:19:15 AM
 #323

Maybe it's a noob question so please excuse in advance...

What happens to my share on the pool when I stop mining for a while (get disconnected, miner turned off etc.)? Do they go to the pool owner or would I still get my share of coins if they are above the threshold or otherwise, get added to my shares the next time I start mining with the same address?

I'm asking this because as I experiment with different miners and settings, I let each run for a couple of hours before switching on to the next and when I connect to the pool again, it shows 0 shares to begin with.

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November 08, 2017, 02:27:13 AM
 #324

Maybe it's a noob question so please excuse in advance...

What happens to my share on the pool when I stop mining for a while (get disconnected, miner turned off etc.)? Do they go to the pool owner or would I still get my share of coins if they are above the threshold or otherwise, get added to my shares the next time I start mining with the same address?

I'm asking this because as I experiment with different miners and settings, I let each run for a couple of hours before switching on to the next and when I connect to the pool again, it shows 0 shares to begin with.

I don't understand your previous experience, but if pool uses address to mine, and if you continue to use same address on other machines even after a few days, your balance will be accrued.
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November 08, 2017, 02:28:37 AM
 #325

the term deposit need address?
where to get that address?

Click on the Receive at the top
Type in a label - you can leave the amount blank if you want
Now click the Request Payment button

A window pops up and click the Copy Address button
Now click the close button and close the popup

Click on Deposit at the top
Paste the address you copied in the previous step into the Deposit Address box
Enter the amount of coins you want to deposit
Decide whether or not you want to deduct the fee from the amount and check or don't check that box
Choose the amount of time you want to term deposit the coin
At the bottom left click the Deposit ROI button

A popup will tell you all the details of your term deposit so you can review it
If it looks good click Yes and finish up the term deposit

Now on the overview tab it will appear in the bottom section with all the details

Let me know if you have any questions or run into any problems.


So the deposit address in this case is my own wallet address? Not sure if I understand the term deposit process?

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November 08, 2017, 02:30:27 AM
 #326

the term deposit need address?
where to get that address?

Click on the Receive at the top
Type in a label - you can leave the amount blank if you want
Now click the Request Payment button

A window pops up and click the Copy Address button
Now click the close button and close the popup

Click on Deposit at the top
Paste the address you copied in the previous step into the Deposit Address box
Enter the amount of coins you want to deposit
Decide whether or not you want to deduct the fee from the amount and check or don't check that box
Choose the amount of time you want to term deposit the coin
At the bottom left click the Deposit ROI button

A popup will tell you all the details of your term deposit so you can review it
If it looks good click Yes and finish up the term deposit

Now on the overview tab it will appear in the bottom section with all the details

Let me know if you have any questions or run into any problems.


So the deposit address in this case is my own wallet address? Not sure if I understand the term deposit process?

Yes the term deposit address is your own wallet address. You will create a wallet address using the receive and then that address will be used for the term deposit.
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November 08, 2017, 02:30:54 AM
 #327

Maybe it's a noob question so please excuse in advance...

What happens to my share on the pool when I stop mining for a while (get disconnected, miner turned off etc.)? Do they go to the pool owner or would I still get my share of coins if they are above the threshold or otherwise, get added to my shares the next time I start mining with the same address?

I'm asking this because as I experiment with different miners and settings, I let each run for a couple of hours before switching on to the next and when I connect to the pool again, it shows 0 shares to begin with.

I don't understand your previous experience, but if pool uses address to mine, and if you continue to use same address on other machines even after a few days, your balance will be accrued.

That's my earlier experience as well but in this case when starting a fresh connection the pool shows share as 0 so just want to check with the pool owner.

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November 08, 2017, 02:35:58 AM
 #328

I would be curious to know how many people have mined for 24 hours without getting even 1 block?

 I've been mining already one day and maybe some hours and nothing :/ my poor hash power is insignificant compared to the network's total power.
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November 08, 2017, 02:36:52 AM
 #329

the term deposit need address?
where to get that address?

Click on the Receive at the top
Type in a label - you can leave the amount blank if you want
Now click the Request Payment button

A window pops up and click the Copy Address button
Now click the close button and close the popup

Click on Deposit at the top
Paste the address you copied in the previous step into the Deposit Address box
Enter the amount of coins you want to deposit
Decide whether or not you want to deduct the fee from the amount and check or don't check that box
Choose the amount of time you want to term deposit the coin
At the bottom left click the Deposit ROI button

A popup will tell you all the details of your term deposit so you can review it
If it looks good click Yes and finish up the term deposit

Now on the overview tab it will appear in the bottom section with all the details

Let me know if you have any questions or run into any problems.


So the deposit address in this case is my own wallet address? Not sure if I understand the term deposit process?

Yes the term deposit address is your own wallet address. You will create a wallet address using the receive and then that address will be used for the term deposit.

Thanks. This is interesting - I just deposited 20 coins for 1 week to test it out. Smiley

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November 08, 2017, 02:38:47 AM
 #330

I would be curious to know how many people have mined for 24 hours without getting even 1 block?

 I've been mining already one day and maybe some hours and nothing :/ my poor hash power is insignificant compared to the network's total power.

Sorry to hear that.

Do me a favor and pick a number between 1 and 30...
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November 08, 2017, 02:40:47 AM
 #331


That's my earlier experience as well but in this case when starting a fresh connection the pool shows share as 0 so just want to check with the pool owner.

I had the same question, it is answered now, I just received some coins mined yesterday. Even with shares displayed as 0, you will receive the previously mined shares
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November 08, 2017, 02:46:05 AM
 #332

this project is better than other cpu mining project, but gpu spoil the difficulty....

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November 08, 2017, 02:54:09 AM
 #333

It seems that the pool failed
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November 08, 2017, 02:54:23 AM
 #334

How to change the amount of RAM memory in miner?  Undecided
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November 08, 2017, 02:55:46 AM
 #335

When will launch the EXCHANGE? Who knows?Please tell me. Thank you!
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November 08, 2017, 02:55:57 AM
 #336

How to change the amount of RAM memory in miner?  Undecided

External miner or wallet miner?

If external miner - which external miner?
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November 08, 2017, 02:57:30 AM
 #337

When will launch the EXCHANGE? Who knows?Please tell me. Thank you!

Coin has been submitted to:

  • coinsmarkets.com
  • kucoin
  • southexchange
  • trade satoshi
  • yobit

Now it's a waiting game to see when it goes live on those exchanges... hopefully very soon.

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November 08, 2017, 02:59:09 AM
 #338

Pool connection failed....

ALTCOMMUNITY COIN
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November 08, 2017, 03:00:45 AM
 #339

When will launch the EXCHANGE? Who knows?Please tell me. Thank you!

Coin has been submitted to:

  • coinsmarkets.com
  • kucoin
  • southexchange
  • trade satoshi
  • yobit

Now it's a waiting game to see when it goes live on those exchanges... hopefully very soon.


https://coinsmarkets.com/trade-BTC-ROI.htm

~Got this girl in my bed, a roof over my head, i mint a couple coins a week, and thats how i make bread~
~On the 12th day of Hatzvah, OGminer said to me: "compute root of the merkle hash tree!"~
Prohashing  -- Simply the best Multipool!
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November 08, 2017, 03:01:46 AM
 #340

Pool connection failed....

Yep the site is off line.

Reckon the hash burned the server to the ground wow...

Reckon this might be a bit of good news for solo mining - is there a silver lining in every cloud?
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