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Author Topic: [ANN][PoW/ERC20]PoWEth Token, mining on the Blockchain!  (Read 1610 times)
leeroy.coindeal
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February 18, 2018, 07:31:48 PM
 #1

PoWEth
Proof of Work ERC20 Token

http://poweth.org/

Token details:
- No premine or Dev fee!
- 100.000.000 possible maxiumim supply
- Decimal 8
- Block reward: 250 and halved by the time.
- Mining algo: Keccak256
- Difficulty adjustment: Every 1.000 Block!
- Blockchain: Ethereum mainnet

Use cases and features:
- No Premine or Airdrop, fair distibution!
- Token can be stored on spend with any ERC20 compatiable wallet!
- Transactions are fast just like the Ethereum transactions.
- By the time when ETH became PoS, PoWEth still can be mined.
- Etherdelta,Forkdelta exchanges are already available.
- No Pool mining needed, it will be optional when difficulty became higher.

Future of the coin and roadmap:
- Spread out in the community and help peoples to join mining and using their tokens.
- Submiting to Exchanges and Coinlisting websites.


Other Websites:

Mining guide:


1.

- To get started You should have an Ethereum Wallet/Address pre-loaded with some ETH on it as you will need it for gas when solo mining.
- Download MVis Token Miner here. https://github.com/mining-visualizer/MVis-tokenminer/releases

2.

Once extracted, there will be a folder labeled tokenminer and inside of that folder will be a file labeled tokenminer.ini.

Use Notepad or any other simple text editor to open the tokenminer.ini file. Once you've done so, you will need to replace the information inside of it with your own. Make sure you do not delete or remove any of the other information inside the file.

ONLY replace the information in file specified below with your own:

    Host=https://mainnet.infura.io/anb94achAHWObifKnoZ7
    RPCPort=8545
    MinerAcct=0x……………….
    AcctPK=……………………
    TokenContract=0x1c9be00d799132986edcd2d099b9f28e5757677c
    GasPrice=5

MinerAcct is your Ethereum account. (Remember to have some ETH on it.)
AcctPK is the private key of your Ethereum account.
You can adjust GasPrice based on the network requirements.

3.

Opencmd window.

Browse to the location where you extracted MVis Token Miner or drag and drop tokenminer.exe into the cmd window.

Run the following command: tokenminer.exe -S -C -t 1

Note: The above command and steps are for solo mining using you CPU (using 1 CPU thread.) You can adjust amount of threads by changing -t 1 to the number of threads you wish to mine with. If you wish to GPU mine, the steps are the same except when running the command, you would use: tokenminer.exe -S -G
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February 18, 2018, 07:32:25 PM
 #2

Reserved
ChrisPontius
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February 18, 2018, 07:35:21 PM
 #3

Quote
Then send some ETH to your newly created address, this will need to send verification if you find a block, currently with config gasprice 1 it cost around 0.01-0.02$ or less. For start 0.01 ETH enought.
leeroy.coindeal
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February 18, 2018, 07:41:06 PM
 #4

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Then send some ETH to your newly created address, this will need to send verification if you find a block, currently with config gasprice 1 it cost around 0.01-0.02$ or less. For start 0.01 ETH enought.

This is neccesary while the SmartContract running on the Ethereum network, this ETH need to cover the transaction cost to claim your block reward.
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February 18, 2018, 07:48:00 PM
 #5

It will not be difficult for you to describe the project in more detail. And it is difficult to solve without information. Do we need it or not? What will he give us?

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February 18, 2018, 08:16:43 PM
 #6

Кopoчe, пocлe coздaния aккayнтa, ecли выйти тo пapoль нe coвпaдaeт.
Зaчиcлил 0,015 eth зa вaшy paбoтy

xippix
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February 18, 2018, 08:19:40 PM
 #7

It actually works and I'm receiving tokens.
Just sent 0.001eth to see if it checks out and it does. Cool.

I noticed that you yourself are mining too and that we're finding the same blocks at the same time now and then. The TX fees are lost if you're a microsecond later than the other guy, so what happens when 1000 people would mine this?
mattpatto
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February 18, 2018, 08:43:20 PM
 #8

how do we mine it?
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February 18, 2018, 08:51:02 PM
 #9

Reserved Russian Cool
osamadeep
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February 18, 2018, 08:59:59 PM
 #10

something new! this coin has been promoted in new coin group, good luck team!
https://t.me/NewCryptoANN
vuppie0
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February 18, 2018, 09:24:15 PM
 #11

Well it's a nice concept and it really gives tokens, but every time you find a block you have to pay for the transaction and sometimes these fail and your fees get lost. Will mine till my 0.001 ETH is depleted Smiley
leeroy.coindeal
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February 18, 2018, 09:25:26 PM
 #12

It actually works and I'm receiving tokens.
Just sent 0.001eth to see if it checks out and it does. Cool.

I noticed that you yourself are mining too and that we're finding the same blocks at the same time now and then. The TX fees are lost if you're a microsecond later than the other guy, so what happens when 1000 people would mine this?

Difficulty will exponentialy growth and aslo mining pools will manage these conflict under the hood. It is a normal behaviour on any coin, here it cost and extra transaction but it come with the design.
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February 18, 2018, 10:14:34 PM
 #13

Is there a way to see the mined tokens on Etherscan? I can only see them in MetaMask and MEW.
FionaWillis
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February 18, 2018, 10:20:39 PM
 #14

something new. it works?)))
leeroy.coindeal
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February 18, 2018, 10:35:33 PM
 #15

Is there a way to see the mined tokens on Etherscan? I can only see them in MetaMask and MEW.

We already contacted with https://ethplorer.io/ to make it seeable. But you can add the Contract address to any ERC20 wallet to show it.
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February 18, 2018, 11:19:28 PM
 #16

I can not enter the password after rebooting Sad
twothirtyfive
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February 18, 2018, 11:23:29 PM
 #17

This is indeed intriguing.

 
Is there a way to see the mined tokens on Etherscan? I can only see them in MetaMask and MEW.

We already contacted with https://ethplorer.io/ to make it seeable. But you can add the Contract address to any ERC20 wallet to show it.

Ive tested this multiple times but still cant see it
leeroy.coindeal
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February 19, 2018, 06:57:52 AM
 #18

I can not enter the password after rebooting Sad

It's a Unix like password field, it doesn't show ******-when you are typing. Just type the password "blind" when it ask.
roni sandra
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February 19, 2018, 07:30:32 AM
 #19

how do we know if we've got to the new wallet?
leeroy.coindeal
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February 19, 2018, 08:02:17 AM
 #20

how do we know if we've got to the new wallet?

With Metamask installed you check here: http://poweth.org/wallet/

Otherwise on Etherscan if you have confirmed transaction like this: https://etherscan.io/address/0x5a1de6e70f38680338d7d5aabe8f015311d0ecd1
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