[NENG]Nengcoin - A Decentralized Multi-Rig Solo Mining Scrypt Coin

[digitalinvestment.pk]

When this cheetah cpu miner tool is releasing ?

[1714849713]

1714849713

[1714849713]

1714849713

[honglu69]

When this cheetah cpu miner tool is releasing ?

By end of this week.  The block default difficulty is reset now to a very low number.  ASIC miners are getting huge amount of blocks. 

Cheetah won't help CPU mining now until the default group difficulty is reset to much higher number next time.

[digitalinvestment.pk]

When this cheetah cpu miner tool is releasing ?

By end of this week.  The block default difficulty is reset now to a very low number.  ASIC miners are getting huge amount of blocks. 

Cheetah won't help CPU mining now until the default group difficulty is reset to much higher number next time.

That means no future for cpu mining ?

[honglu69]

When this cheetah cpu miner tool is releasing ?

By end of this week.  The block default difficulty is reset now to a very low number.  ASIC miners are getting huge amount of blocks.  

Cheetah won't help CPU mining now until the default group difficulty is reset to much higher number next time.

That means no future for cpu mining ?

Right now my 4 core CPU PC continuously mined a block in every 20 minutes.  No cheetah,  just continuously mining with "setgenerate true" in wallet

The CPU mining opportunity is there, but dynamic,  some day poor, some day high based on the difficulty and relationship with ASIC miners.  Today is big day for ASIC miners, huge
reward.  But yesterday majority of rewards went to CPU miners.

The group base difficulty for every 1440 blocks will reset higher or lower targeting 1 minute per block.  Check out discord, there were huge conversation on today's action on block chain movement, ASIC vs CPU.  

Cheetah is needed to help CPU mining when the base difficulty gets very high

[honglu69]

CPU mining for today is over probably.  my 4 core CPU linux  could not find any block in 30 minutes with continuous mining.  I stopped it. 

Alpha version of Cheetah in my old 2 core linux PC is restarted.  Cheetah now does nothing and won't start CPU mining until the block chain time is 2 minutes or more.

The rest of today probably is 100% ASIC world. 

My small ASIC USB stick (5 m/h hashing rate) is getting 9 blocks in 10 minutes in the pool.  It yielded more than 7 million NENG today while the past 6 days in the week only got  2 blocks per day or 300,000 NENG only.  Truly a huge day for ASIC miners.

[digitalinvestment.pk]

CPU mining for today is over probably.  my 4 core CPU linux  could not find any block in 30 minutes with continuous mining.  I stopped it. 

Alpha version of Cheetah in my old 2 core linux PC is restarted.  Cheetah now does nothing and won't start CPU mining until the block chain time is 2 minutes or more.

The rest of today probably is 100% ASIC world. 

My small ASIC USB stick (5 m/h hashing rate) is getting 9 blocks in 10 minutes in the pool.  It yielded more than 7 million NENG today while the past 6 days in the week only got  2 blocks per day or 300,000 NENG only.  Truly a huge day for ASIC miners.

Thanks for the update here.
you are right but today i dont have access to my ASIC machine.
But with my 4 cores yesterday i only get 100 000 NENG.

[honglu69]

Cheetah_cpuminer v1.0.0 is released at github:  
https://github.com/ShorelineCrypto/cheetah_cpuminer/releases

What is Cheetah_Cpuminer?
NewEnglandcoin (NENG) blockchain has dynamic difficulty adjustment algorithm which may trigger ASIC miners to get stuck on NENG blockchain finding no blocks from several minutes to several hours.

Cheetah_cpuminer will automatically start mining at local PC when ASIC miners get stuck. Cheeta_cpuminer will stop mining when ASIC miners are smoothly generating blocks

v1.0.0 is tested under Ubuntu linux 16.04
window platform is untested. Cheetah under window operating system will be supported in next release.

[honglu69]

Technical White paper v1.0 is released for NewEnglandcoin (NENG):
https://github.com/ShorelineCrypto/NewEnglandCoin/releases/download/whitepaper_v1.0/NENG_WhitePaper.pdf

WhitePaper of NewEnglandcoin

• NENG – CPU Minable, fun, easy full node set up at Home PC
• NENG – Security Against 51% Attack by Design
• Security - Dynamic Diff Short Term, Higher Network Hashrate Long Term
• Decentralization Phase 1- CPU Mining is Key Feature of NENG
• Why Block Time is Gaussian Shaped Random Event
• ASIC is Like Lion, CPU is Like Cheetah
• Decentralization Phase II – Security Against 51% Attack
• Why the Proposed Phase II Hardfork Upgrade will Prevent 51% Attacks?
• What if 51% Attacker re-engineer the software to attack NENG?
• Conclusion - Sound Money, Take Back Monetary Independence, Relive Crypto Dreams with Full Node

[serii141193]

Hi DEV! the price is very low on shorelinecrypto we need on a more popular exchange! any plans to add to other exchanges?

[honglu69]

Cheetah_cpuminer v1.1.0 is released at github:  
https://github.com/ShorelineCrypto/cheetah_cpuminer/releases

README Document:
https://github.com/ShorelineCrypto/cheetah_cpuminer

What is Cheetah_Cpuminer?
NewEnglandcoin (NENG) blockchain has dynamic difficulty adjustment algorithm which may trigger ASIC miners to get stuck on NENG blockchain finding no blocks from several minutes to several hours.

Cheetah_cpuminer will automatically start mining at local PC when ASIC miners get stuck. Cheeta_cpuminer will stop mining when ASIC miners are smoothly generating blocks

v1.1.0 is tested under Ubuntu linux 16.04 and Windows 10

Note under window machine:  even if the wallet is fully synced under window machine, you may have to  double click the bat file,  stay for couple of minutes and then close it, and restart it again to allow cheetah to work properly.  Somehow cheetah may not work with the first try.

[honglu69]

We have a error with this coin  and we will fix it asap so for now its removed

Is the problem fixed in the end or does it still exist and you cannot add back to your portal? In general, they have a very good idea so that everything can work out with a positive market.

It looks that finally findblocks.com restored NENG mining.  For a while findblocks was one of the earlier working pool for NENG

[Sellman]

There are so many available altcoins, which have faster transaction pace than bitcoin's transaction speed, on the market.
Therefore, I think that the NENG team have to do something more, something innovative to make the coin being competitive, able to catch both eyeballs and capital flows from investors.
Good start, good luck, and good achievements later this year.

[honglu69]

Cheetah_cpuminer v1.1.1 is released at github.  This version is mainly a bug fix version on the issue that cheetah can crash occasionally on wrong timestamp.

https://github.com/ShorelineCrypto/cheetah_cpuminer/releases

README Document:
https://github.com/ShorelineCrypto/cheetah_cpuminer

What is Cheetah_Cpuminer?
NewEnglandcoin (NENG) blockchain has dynamic difficulty adjustment algorithm which may trigger ASIC miners to get stuck on NENG blockchain finding no blocks from several minutes to several hours.

Cheetah_cpuminer will automatically start mining at local PC when ASIC miners get stuck. Cheeta_cpuminer will stop mining when ASIC miners are smoothly generating blocks

v1.1.1 is tested under Ubuntu linux 16.04 and Windows 10

[honglu69]

Mac Wallet for both GUI and command line are released in v1.1.2:
https://github.com/ShorelineCrypto/NewEnglandCoin/releases

The MacOS wallet was compiled in OSX 10.11 machine with backward compatibility with OSX 10.7 or higher.  Only OSX 10.11 was tested, but other platform may work as well.

To compile your own MacOS wallet from source, check the doc guidelines  on how the current Mac wallets were compiled:
https://github.com/ShorelineCrypto/NewEnglandCoin/blob/master/doc/build-osx.md

[honglu69]

Obviously current version of cheetah_cpuminer does not support Mac platform yet.  With the new release of Mac wallet,  cheetah support for  OSX will come soon.  

[honglu69]

Cheetah_cpuminer v1.1.2 is released at github.  This version added additional support for Mac platform.

https://github.com/ShorelineCrypto/cheetah_cpuminer/releases

README Document:
https://github.com/ShorelineCrypto/cheetah_cpuminer

What is Cheetah_Cpuminer?
NewEnglandcoin (NENG) blockchain has dynamic difficulty adjustment algorithm which may trigger ASIC miners to get stuck on NENG blockchain finding no blocks from several minutes to several hours.

Cheetah_cpuminer will automatically start mining at local PC when ASIC miners get stuck. Cheeta_cpuminer will stop mining when ASIC miners are smoothly generating blocks

v1.1.2 is tested under  Windows 10, Mac OSX 10.11 and Ubuntu Linux 16.04

[chicohs]

Good evening, what is and where do I find "rpcuser" and "rpcpassword"?

Thanks

[honglu69]

Good evening, what is and where do I find "rpcuser" and "rpcpassword"?

Thanks

In the cheetah software folder, there is file named "newenglandcoin.conf-example",   renamed it to "newenglandcoin.conf",

use an editor to modify it, windows would be "wordpad",  in mac, not very familiar, maybe macedit  or  TextEdit?

Change the first two lines of the files to a more personalized randomized rpc password / username:
-------------------------
rpcuser=dfas7860
rpcpassword=Fdsf9er9wqr90Fdf
--------------------

Do not use my above example,  just  type in some random charaters + numbers for username/password so that only you know them.  

[chicohs]

Good evening, what is and where do I find "rpcuser" and "rpcpassword"?

Thanks

In the cheetah software folder, there is file named "newenglandcoin.conf-example",   renamed it to "newenglandcoin.conf",

use an editor to modify it, windows would be "wordpad",  in mac, not very familiar, maybe macedit  or  TextEdit?

Change the first two lines of the files to a more personalized randomized rpc password / username:
-------------------------
rpcuser=dfas7860
rpcpassword=Fdsf9er9wqr90Fdf
--------------------

Do not use my above example,  just  type in some random charaters + numbers for username/password so that only you know them.  

The miner works in other coin too or only in NewEnglandcoin?

[honglu69]

Good evening, what is and where do I find "rpcuser" and "rpcpassword"?

Thanks

In the cheetah software folder, there is file named "newenglandcoin.conf-example",   renamed it to "newenglandcoin.conf",

use an editor to modify it, windows would be "wordpad",  in mac, not very familiar, maybe macedit  or  TextEdit?

Change the first two lines of the files to a more personalized randomized rpc password / username:
-------------------------
rpcuser=dfas7860
rpcpassword=Fdsf9er9wqr90Fdf
--------------------

Do not use my above example,  just  type in some random charaters + numbers for username/password so that only you know them.  

The miner works in other coin too or only in NewEnglandcoin?

For now only NewEnglandCoin. If more coins adopt similar dynamic diff algorithm , the miner could support more in the future.

At this moment ,. CPU miners probably takes 5% to 20% of total block reward, averaging about 10%. Majority of blocks reward still go to ASIC miners.