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Author Topic: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts  (Read 73965 times)
itslukebenz
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January 26, 2018, 03:54:23 AM
 #1021

Dero is a badass enough name. I'm extremely curious ans excited to see this project come alive.  Smiley
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danspasiva
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January 26, 2018, 05:43:14 AM
 #1022

Gotta love this developer, so active in communicating, great english, seems like a nice guy, and is creating a great project here. 

I do have one issue though, I really want to be able to use a GUI wallet, and I'm wondering whats the progress on that?

Thanks
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January 26, 2018, 06:16:11 AM
 #1023

Gotta love this developer, so active in communicating, great english, seems like a nice guy, and is creating a great project here. 

I do have one issue though, I really want to be able to use a GUI wallet, and I'm wondering whats the progress on that?

Thanks


GUI wallets,Subaddress support,Atomic swap,Smart contracts testing. Second Quarter-2018.
CaptDero
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January 26, 2018, 07:48:09 AM
 #1024

Gotta love this developer, so active in communicating, great english, seems like a nice guy, and is creating a great project here.  

I do have one issue though, I really want to be able to use a GUI wallet, and I'm wondering whats the progress on that?
Thanks

Thanks for the support. Amazingly receive many pm, messages, mails of much love and respect. Thanks to all of them.
Lets see if we can develop and deliver something worth as par with community expectations.
We decided to launch GUI wallet later. Meanwhile DERO supporter created a GUI wallet, pls check: https://github.com/drigler/DeroGUIWallet

Regards.
Capt. DERO

Wilanim
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January 26, 2018, 08:38:51 AM
 #1025

Dero Dero Dero! Love the catchy name and all the pros from the other altcoins! This is going to be a great project ! Good communication from the dev team! I will be keeping a close eye on it! 
LaserBadger
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January 26, 2018, 08:46:50 AM
 #1026

Hmm this coin looks interesting.

I might hookup my rigs to mine some soon:)

definitely will be watching this coin thread for further references !

good luck guys
 
cryptocommoner
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January 26, 2018, 03:38:05 PM
 #1027

I feel squeezed out as I'm down to around 2 DERO per day with my Ryzen 5 1600 CPU... Switched over to Intensecoin but will keep tabs on the DERO network hashrate. Good luck to the devs and fellow miners; I'm still holding about 272 DERO in total.

Just curious.  How many coins are you getting with that CPU on Dero vs Intensecoin per day?
MagicSmoker
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January 26, 2018, 04:54:00 PM
 #1028

I feel squeezed out as I'm down to around 2 DERO per day with my Ryzen 5 1600 CPU... Switched over to Intensecoin but will keep tabs on the DERO network hashrate. Good luck to the devs and fellow miners; I'm still holding about 272 DERO in total.

Just curious.  How many coins are you getting with that CPU on Dero vs Intensecoin per day?

I'm doing about 440 H/s on average with this CPU without overclocking but with some tweaking of the xmr-stak cpu.txt file. More specifically, here is the relevant portion from that file in its entirety:

Code:
"cpu_threads_conf" :
[
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 1 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 3 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 4 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 5 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 7 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 9 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 10 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 11 },

],

If you want to maintain usability of the computer for other things then it's very important to not use core 0 / thread 0. Ideally, you want to specify a total number of threads that is 1/2 the L3 cache size in MB; the Ryzen 5 1600 has 16MB of L3 cache so 8 threads are ideal.

Right now (and similar to when I made the post you quoted), that 440 H/s can be used to generate less than 2 DERO per day or around 72 ITNS per day. So while I still believe in DERO, I just don't see mining it as a particularly good use of resources at the moment.
cryptocommoner
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January 26, 2018, 05:05:26 PM
 #1029

I feel squeezed out as I'm down to around 2 DERO per day with my Ryzen 5 1600 CPU... Switched over to Intensecoin but will keep tabs on the DERO network hashrate. Good luck to the devs and fellow miners; I'm still holding about 272 DERO in total.

Just curious.  How many coins are you getting with that CPU on Dero vs Intensecoin per day?

I'm doing about 440 H/s on average with this CPU without overclocking but with some tweaking of the xmr-stak cpu.txt file. More specifically, here is the relevant portion from that file in its entirety:

Code:
"cpu_threads_conf" :
[
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 1 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 3 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 4 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 5 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 7 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 9 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 10 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 11 },

],

If you want to maintain usability of the computer for other things then it's very important to not use core 0 / thread 0. Ideally, you want to specify a total number of threads that is 1/2 the L3 cache size in MB; the Ryzen 5 1600 has 16MB of L3 cache so 8 threads are ideal.

Right now (and similar to when I made the post you quoted), that 440 H/s can be used to generate less than 2 DERO per day or around 72 ITNS per day. So while I still believe in DERO, I just don't see mining it as a particularly good use of resources at the moment.


THANK YOU!  I will look into making those changes that you listed. 
ARTRN
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January 27, 2018, 12:43:24 AM
 #1030

Hi, I've been mining on official pool for about couple of hours with a steady hash rate of about 3.6 kh/s. My question is why my pending balance is still 0 ?. Can someone enlighten me about this? TIA.
--Serena--
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January 27, 2018, 12:50:15 AM
 #1031

Hi, I've been mining on official pool for about couple of hours with a steady hash rate of about 3.6 kh/s. My question is why my pending balance is still 0 ?. Can someone enlighten me about this? TIA.

It will take 2.5 - 3 hours for your pending balance to show up but payments will be every 30 minutes after that

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January 27, 2018, 12:53:33 AM
 #1032

Hi, I've been mining on official pool for about couple of hours with a steady hash rate of about 3.6 kh/s. My question is why my pending balance is still 0 ?. Can someone enlighten me about this? TIA.

It will take 2.5 - 3 hours for your pending balance to show up but payments will be every 30 minutes after that
Hi, thank you for explaining. In the meantime, I'd like to congratulate DERO devs and community for the effort so far. Bravo.
roberval123
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January 27, 2018, 04:29:15 AM
 #1033

I feel squeezed out as I'm down to around 2 DERO per day with my Ryzen 5 1600 CPU... Switched over to Intensecoin but will keep tabs on the DERO network hashrate. Good luck to the devs and fellow miners; I'm still holding about 272 DERO in total.

Just curious.  How many coins are you getting with that CPU on Dero vs Intensecoin per day?

I'm doing about 440 H/s on average with this CPU without overclocking but with some tweaking of the xmr-stak cpu.txt file. More specifically, here is the relevant portion from that file in its entirety:

Code:
"cpu_threads_conf" :
[
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 1 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 3 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 4 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 5 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 7 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 9 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 10 },
    { "low_power_mode" : false, "no_prefetch" : true, "affine_to_cpu" : 11 },

],

If you want to maintain usability of the computer for other things then it's very important to not use core 0 / thread 0. Ideally, you want to specify a total number of threads that is 1/2 the L3 cache size in MB; the Ryzen 5 1600 has 16MB of L3 cache so 8 threads are ideal.

Right now (and similar to when I made the post you quoted), that 440 H/s can be used to generate less than 2 DERO per day or around 72 ITNS per day. So while I still believe in DERO, I just don't see mining it as a particularly good use of resources at the moment.


Keep in mind Intense has 999 million coins, dero has 18.4 million. The small supply will help with price increases in the future, as long as the Devs keep up the good work.

verccety
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January 27, 2018, 05:25:42 AM
 #1034

What's the current circulating supply?
CaptDero
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January 27, 2018, 09:09:48 AM
Last edit: January 27, 2018, 09:34:35 AM by CaptDero
 #1035

What's the current circulating supply?

Circulating supply 770735 (0.77 million) Approx
Total Supply 18.4 million.

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January 27, 2018, 12:14:11 PM
 #1036

...
Right now (and similar to when I made the post you quoted), that 440 H/s can be used to generate less than 2 DERO per day or around 72 ITNS per day. So while I still believe in DERO, I just don't see mining it as a particularly good use of resources at the moment.


Keep in mind Intense has 999 million coins, dero has 18.4 million. The small supply will help with price increases in the future, as long as the Devs keep up the good work.


Yes, I understand that, but I also take into consideration the current cash value earned over a 24h period given a certain amount of hashing power. These days I am getting around $1.80 in ITNS vs. $1.20 in DERO with my Ryzen 5 1600, so ITNS has the edge right now. I can't predict the future - maybe ITNS goes up in flames and DERO surpasses UBQ or even ETH as the top smart-contract coin - so the best strategy is to spread one's proverbial eggs among many baskets.

Now if I actually get my hands on a server rack then I will be able to mine several (more) cryptonote coins simultaneously...

Speedie
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January 27, 2018, 03:51:53 PM
Last edit: January 27, 2018, 05:11:07 PM by Speedie
Merited by CaptDero (1)
 #1037

...
Right now (and similar to when I made the post you quoted), that 440 H/s can be used to generate less than 2 DERO per day or around 72 ITNS per day. So while I still believe in DERO, I just don't see mining it as a particularly good use of resources at the moment.


Keep in mind Intense has 999 million coins, dero has 18.4 million. The small supply will help with price increases in the future, as long as the Devs keep up the good work.


Yes, I understand that, but I also take into consideration the current cash value earned over a 24h period given a certain amount of hashing power. These days I am getting around $1.80 in ITNS vs. $1.20 in DERO with my Ryzen 5 1600, so ITNS has the edge right now. I can't predict the future - maybe ITNS goes up in flames and DERO surpasses UBQ or even ETH as the top smart-contract coin - so the best strategy is to spread one's proverbial eggs among many baskets.

Now if I actually get my hands on a server rack then I will be able to mine several (more) cryptonote coins simultaneously...



Ha! We're both interested in the same two projects. When deciding which one to mine (because let's be honest, the ann forum is full of copy/paste garbage and valueless ICOs whereas these two have a purpose) I try to work based on future rather than present value.

Assume both projects hit $100m market cap in 2018. There would likely be ~500m circulating ITNS and ~1.5m circulating DERO. Therefore ITNS would be $0.20 and DERO would be $67. Then I multiply the expected number of coins / 24 hours for my hash rate by those future values and assess it from there.

I also add in a small "gut feeling" factor that favors DERO if the math is close :-)

newmz
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January 27, 2018, 05:35:29 PM
 #1038

Is DERO traded on any exchanges yet? Or would I be mining a coin just for future potential?

I like the concept but I'm a bit wary of a coin which does not have any actual value established by a market somewhere/

Crypto currency enthusiast and miner since 2015. Mined approx 200 ETH during 2016 and 2017 and sold it at approximately $US40 each. Then I watched it reach $1000+ each. If anyone bothers to read this stuff pay attention to this: HODL HODL HODL HODL HODL HODL

I started mining with 1 AMD 7950 and 1 R9-280X. Then I gradually built my AMD operation into 12 R9-290s. Awesome ETH hash but ridiculous power consumption and heat. Over the last year I defected to the Nvidia team. I now use GTX 1070s. They were expensive to buy (probably a bargain now) but awesome hash rate vs. power consumption. blah blah blah blah
MagicSmoker
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January 27, 2018, 05:49:14 PM
 #1039

Yes, I understand that, but I also take into consideration the current cash value earned over a 24h period given a certain amount of hashing power. These days I am getting around $1.80 in ITNS vs. $1.20 in DERO with my Ryzen 5 1600, so ITNS has the edge right now. I can't predict the future - maybe ITNS goes up in flames and DERO surpasses UBQ or even ETH as the top smart-contract coin - so the best strategy is to spread one's proverbial eggs among many baskets.

Now if I actually get my hands on a server rack then I will be able to mine several (more) cryptonote coins simultaneously...



Ha! We're both interested in the same two projects. When deciding which one to mine (because let's be honest, the ann forum is full of copy/paste garbage and valueless ICOs whereas these two have a purpose) I try to work based on future rather than present value.

Assume both projects hit $100m market cap in 2018. There would likely be ~500m circulating ITNS and ~1.5m circulating DERO. Therefore ITNS would be $0.20 and DERO would be $67. Then I multiply the expected number of coins / 24 hours for my hash rate by those future values and assess it from there.

I also add in a small "gut feeling" factor that favors DERO if the math is close :-)

Heh, well I feel better about adding ITNS my "super-speculative" holdings now!

I don't disagree with your analysis and I will be mining more DERO in the future, I just want to build up a position in ITNS and I only have so many computers to work with at the moment. Considering that just two months ago I was only mining UBQ with a single GTX 1050 Ti and not using my FX-8300 to do anything more demanding than surf the web, whereas today I have the FX-8300 and a new Ryzen 5 1600 churning away on ITNS, a single RX 570 mining MUSIC (another project I think has great promise), (2) GTX 1080 working on separate coins (one is actually being used to evaluate Nemosminer on MiningPoolHub at the moment), and (6) GTX 1060 which I mainly have mining ZEN but which have been diverted to mining TZC for 6 hours today because this coin is both PoW and PoS and I need more coins to have a chance of getting a block award from PoS in my lifetime.

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January 27, 2018, 05:50:21 PM
 #1040

Is DERO traded on any exchanges yet? Or would I be mining a coin just for future potential?

I like the concept but I'm a bit wary of a coin which does not have any actual value established by a market somewhere/

Yes, it's on stocks.exchange: https://stocks.exchange/trade/DERO/BTC
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