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

[Monster Jaday]

The first Fiat NENG/USD purchase went through yesterday successfully for the dollar amount $5 USD for total of 20 million NENG.

The process is still manual, the NENG trading liquidity is still quite poor. But it is starting point. We have hope and confidence that NENG will become a niche and important cryptocurrency in the long run.

Cheer for New England!

Good work! Bitcoin from a coin to trade is transformed into a means of saving capital. In the future, all trade paired will be relative to other coins (Litecoin, Dogecoin). The sooner people accept this fact, the faster the crypto market will come to life.

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[honglu69]

Again,  the base difficulty of the mining is reset to quite a low number now.  GPU miners should join now.

[honglu69]

First round of airdrop was paid for 100k NENG each.

The twitter airdrop is still ongoing until max 1000 is hit.

Graphic logo bounty reward is still ongoing extending the deadline to May 31, 2019.

[Vazan25]

can setup cpu mining pool?

Not possible on NENG for CPU only pool.  All CPU miners are solo miners.

CPU miners can have two choices: Cheetah method, good for small CPU or casual miners.  Or a dedicated 24 hours solo miners, good for big CPU machine.

I would also like to get this coin.Where can I find instructions for setting up a miner for the processor?I see the pools, but I didn’t understand how to mine.

[honglu69]

can setup cpu mining pool?

Not possible on NENG for CPU only pool.  All CPU miners are solo miners.

CPU miners can have two choices: Cheetah method, good for small CPU or casual miners.  Or a dedicated 24 hours solo miners, good for big CPU machine.

I would also like to get this coin.Where can I find instructions for setting up a miner for the processor?I see the pools, but I didn’t understand how to mine.

If you have GPU or ASIC,  mine NENG in same way as a typical scrypt coin (such as litecoin, dogecoin or New york coin).

If you want to mine with CPU,  desktop or laptop (Intel PC or Mac or Linux),  follow Cheetah software README on github page, scroll down a bit there:

https://github.com/ShorelineCrypto/cheetah_cpuminer

[QQ6693606]

need more exchanges！

[findblocks.com]

 ! Please update your ports !

www.findblocks.com

Happy Mining

Code:

 stratum+tcp://findblocks.com:3333 -u <WALLET ADDRESS > -p  c=NENG

Twitter - @Findblocks - Skype - mark1@findblocks.com - Email - Mark1@findblocks.com -

Discord  - https://discord.gg/ejcBxkZ

[PRIZRAK25]

will there be more exchanges ?

[Bigger By The Day]

altmarkets.io is good exchanger . england base  - fast support

cheap to list under $20  on their coin https://altmarkets.io/voting

[QQ6693606]

can setup cpu pools ?

[honglu69]

can setup cpu pools ?

Not profitable nor feasible to do cpu mining pools.

CPU miners have to be solo miners.  Use the cheetah_cpuminer software  in the first post.

[honglu69]

Upon notification from Square, Inc, which provides Cash App,  the fiat project of buying NENG with USD cash for U.S. residents is discontinued.

[honglu69]

2nd round of airdrop has been paid for 100,000 per sign up.  The airdrop is ongoing until 1000 max.  Hurry up to sign on free 100k NENG!

[QQ6693606]

i think if cpu can mine with pool, maybe miners can grow up up up!

[honglu69]

i think if cpu can mine with pool, maybe miners can grow up up up!

At this moment, technically not feasible for a cpu only mining pool.

Cheetah solo mining should serve well for all the cpu miners.  Just checked my 24 hours running old linux (dual core, Ubuntu linux), it generated 380,000 NENG over last 24 hours. That is
pretty decent yield in that GPU  or ASIC miners would not mine NENG that easily.

NENG CPU solo mining on Cheetah software should work well even for very old single-CPU  desktop/laptop PC or Mac.  

For decentralization purpose,  the more solo miners, the better security for NENG blockchain.   Decentralization comes with responsibility.  At this moment,  GPU and ASIC miners can come and go without affecting normal operation of NENG blockchain because we have CPU miners.  However,  if there are no CPU miners solo mining NENG, NENG blockchain could get stuck there for hours with no blocks even if all GPU/ASIC miners are mining with high hashrate.  Therefore,  CPU miners are actually the mining backbone of NENG blockchain at current design.  

[QQ6693606]

how many miners mine this coin?

[groggin]

how many miners mine this coin?

  i'm doing OK with my 3 li'l moonlander2s  

  solo from the wallet did OK too

[honglu69]

how many miners mine this coin?

  i'm doing OK with my 3 li'l moonlander2s  

  solo from the wallet did OK too

There are lot more miners,  CPU solo miners or  ASIC/GPU  solo or pool miners now.  It is hard to know how many.
 
One anecdote was that my  cpu miner and explorer server was down yesterday for 6 hours.  But the NENG blockchain was operating normally.   NENG comes to a point that
one or two miners come or go won't affect blockchain movement at all now.   It used to be that my CPU solo miner was down, the blockchain quickly got stuck for couple of hours
because  ASIC/GPU can not churn through  without help of CPU solo miners.

[WolfTronCoin]

Hi. I'm trying to miner and every wallet I put in the pools diz (NSD) coin

[WolfTronCoin]

   Total Earned      0.00000000 NSD