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Author Topic: [NENG]Nengcoin - Litecoin on Steroids - 1st Mobile Minable Coin  (Read 39730 times)
DaveF
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April 26, 2020, 07:43:37 PM
Last edit: April 26, 2020, 10:09:51 PM by DaveF
 #481

base difficulty has reset overnight to a low level. GPU small ASIC solo miner boom.

Odd, did not see that much in a bump of what I usually get. I only check the miners once a week, it's 2 cpus, 2 moonlander2 and a NVidia 1650 card.
Usually when you post the reset notice I come back to 75m to 100m coins. Now, barely at 25m. How long was is low for?

Also, looks like the pool on the old chain has stopped. That or they stopped updating their stats page.

Stay safe.

-Dave


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Ive Gone Parabolic
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April 27, 2020, 03:20:00 PM
 #482

It has been this low for 40 days. Funeral panegyric has been served to mark the end of free mining era. Asics are coming into play which is a sign of deadly destruction of soloists which shall not be treated lightly but rather dealt with. Wait for a horde of Singapore miners to join the mining circles as people flee multiple economy sectors due to lost jobs and having hogged all supplies they had in the period of quarantine.
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April 27, 2020, 05:00:26 PM
 #483

It appears that all ASIC left NENG mining. Now CPU cheetah solo miners are dominating almost all the rewards.

Correction, not all left, large hashrate of big asic left. CPU miners are getting big chunk of rewards.

Nengcoin (NENG) rose 10x on USD in 2020 with 60,000x bargain on market cap compared to Dogecoin. A scrypt coin minable on android/CPU/GPU/ASIC
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April 27, 2020, 05:18:03 PM
 #484

base difficulty has reset overnight to a low level. GPU small ASIC solo miner boom.

Odd, did not see that much in a bump of what I usually get. I only check the miners once a week, it's 2 cpus, 2 moonlander2 and a NVidia 1650 card.
Usually when you post the reset notice I come back to 75m to 100m coins. Now, barely at 25m. How long was is low for?

Also, looks like the pool on the old chain has stopped. That or they stopped updating their stats page.

Stay safe.

-Dave



It was a shallow dip to a low level,  not the typical type of drop to rock bottom.  The shallow dip provided a good boom for less than 1 day only.

Nengcoin (NENG) rose 10x on USD in 2020 with 60,000x bargain on market cap compared to Dogecoin. A scrypt coin minable on android/CPU/GPU/ASIC
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April 29, 2020, 04:38:08 AM
Last edit: April 29, 2020, 04:48:16 AM by honglu69
 #485

A spike difficulty block was mined:
http://nengexplorer.mooo.com:3001/block/8b91747fbf042316488968d196754477039ffc0a5da2a20fb1d75c8a8de63e85

This would trigger CPU cheetah solo miners to 100% dominate the mining rewards until the next reset.  Until next reset, the spike difficulty becomes base difficulty effectively.

At 244k difficulty level, a few L3 ASIC won't find any new blocks. Only Cheetah CPU solo miners can find blocks.

Nengcoin (NENG) rose 10x on USD in 2020 with 60,000x bargain on market cap compared to Dogecoin. A scrypt coin minable on android/CPU/GPU/ASIC
honglu69
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April 30, 2020, 06:53:44 AM
 #486

base difficulty has reset to very low level, close to zero.  Boom for GPU or USB small ASIC solo miners

Nengcoin (NENG) rose 10x on USD in 2020 with 60,000x bargain on market cap compared to Dogecoin. A scrypt coin minable on android/CPU/GPU/ASIC
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April 30, 2020, 03:09:33 PM
Last edit: April 30, 2020, 03:21:20 PM by honglu69
 #487

Just captured moments ago from https://miningpoolstats.stream/newenglandcoin :

   
NewEnglandCoin  NewEnglandCoin (NENG)
Scrypt
Network
25.42 MH/s
Hashrate
249.07 MH/s
Blocks
in last 100
79 unknown
Block
Height   Last
Found
1.   
 zpool.ga
236.12 MH/s
9
-10.9
1482028
1482028
4 min
2.   
 findblocks.com
6.54 MH/s
5
+4.3
1482023
1482023
5 min
3.   
 cminors-pool.com
6.41 MH/s
7
+6.6
1482029
1482025
4 min

In summary,  zpool has 236.12 mh/s hashrate,  only found 9 out of 100 blocks.    findblocks has 6.54 Mh/s, found  5 out of last 100 blocks.
Right now NENG block chain is at reset day, 0.06 base difficulty.  At reset day,  big hashrate means very little in winning rewards.

On base reset day,  the NENG mining is disproportionately in favor of small GPU solo miners and small ASIC (most likely on USB) solo miners and also small mining pools.

Nengcoin (NENG) rose 10x on USD in 2020 with 60,000x bargain on market cap compared to Dogecoin. A scrypt coin minable on android/CPU/GPU/ASIC
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April 30, 2020, 05:40:27 PM
 #488

Based on explorer, it is likely another spike difficulty block was mined by big ASIC rig.  The base difficulty effectively go back to
244k and more or less 100% mining dominance by CPU cheetah solo miners.

Nengcoin (NENG) rose 10x on USD in 2020 with 60,000x bargain on market cap compared to Dogecoin. A scrypt coin minable on android/CPU/GPU/ASIC
honglu69
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April 30, 2020, 11:41:22 PM
 #489

base difficulty reset again to low level.  Another boom for GPU solo miners and solo USB ASIC miners.

Nengcoin (NENG) rose 10x on USD in 2020 with 60,000x bargain on market cap compared to Dogecoin. A scrypt coin minable on android/CPU/GPU/ASIC
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May 06, 2020, 02:56:51 PM
 #490

base difficulty reset again to low level, shallow reset.  Another boom for GPU solo miners and solo USB ASIC miners.

Nengcoin (NENG) rose 10x on USD in 2020 with 60,000x bargain on market cap compared to Dogecoin. A scrypt coin minable on android/CPU/GPU/ASIC
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May 08, 2020, 10:23:09 PM
 #491

Looks like big ASIC rigs all left NENG mining. Now CPU cheetah solo miners are dominating on the rewards.

Nengcoin (NENG) rose 10x on USD in 2020 with 60,000x bargain on market cap compared to Dogecoin. A scrypt coin minable on android/CPU/GPU/ASIC
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May 16, 2020, 04:50:25 PM
 #492

A shallow reset to a low base difficulty below 1.  boom for small USB ASIC solo miners and gpu solo miners

Nengcoin (NENG) rose 10x on USD in 2020 with 60,000x bargain on market cap compared to Dogecoin. A scrypt coin minable on android/CPU/GPU/ASIC
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May 18, 2020, 12:03:28 PM
 #493

do not use https://dtrade.ga/ it is a scam they WILL steal your coins
this is correct they scammed me also!
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May 21, 2020, 01:18:19 AM
 #494

big ASIC miners appear to have left. CPU cheetah solo miners are dominating on rewards

Nengcoin (NENG) rose 10x on USD in 2020 with 60,000x bargain on market cap compared to Dogecoin. A scrypt coin minable on android/CPU/GPU/ASIC
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May 23, 2020, 11:04:10 PM
 #495

exchange please??
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May 24, 2020, 04:45:26 PM
 #496

exchange please??


https://shorelinecrypto.com/market/DOGE-NENG

Nengcoin (NENG) rose 10x on USD in 2020 with 60,000x bargain on market cap compared to Dogecoin. A scrypt coin minable on android/CPU/GPU/ASIC
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May 24, 2020, 04:51:22 PM
 #497

base difficulty reset again to a low level. boom for solo GPU miners or USB ASIC miners

Nengcoin (NENG) rose 10x on USD in 2020 with 60,000x bargain on market cap compared to Dogecoin. A scrypt coin minable on android/CPU/GPU/ASIC
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May 30, 2020, 02:29:54 AM
 #498

base difficulty reset again to a very low level. Boom for GPU/USB ASIC solo miners.

Nengcoin (NENG) rose 10x on USD in 2020 with 60,000x bargain on market cap compared to Dogecoin. A scrypt coin minable on android/CPU/GPU/ASIC
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June 04, 2020, 02:07:15 AM
 #499

Earlier today base difficulty reset again to a very low level. Boom for GPU/USB ASIC solo miners.

Nengcoin (NENG) rose 10x on USD in 2020 with 60,000x bargain on market cap compared to Dogecoin. A scrypt coin minable on android/CPU/GPU/ASIC
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June 04, 2020, 11:22:54 PM
 #500

a spike block was mined by big ASIC:
http://nengexplorer.mooo.com:3001/block/cb74a62ca7fc768d39242af2fd089d83a816789b28d6ca1692c765571d1b01fd

This spike diff will stay as base diff until reset. CPU Cheetah solo miners will dominate until next base difficulty reset.

Right now NENG is not minable for GPU or ASIC miners. Only CPU miners can mine now.

Nengcoin (NENG) rose 10x on USD in 2020 with 60,000x bargain on market cap compared to Dogecoin. A scrypt coin minable on android/CPU/GPU/ASIC
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