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Author Topic: [MASS] Decentralized HARD DRIVE mining cryptocurrency | PoC | Low Energy cost  (Read 9381 times)
ToothlessCoin
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March 06, 2020, 01:02:14 PM
 #21

Is anyone verified the softwares if it's clean? Looks like risky to install in personal computers.

I installed it and working fine at my end. no spyware/malware.
The default language is Chinese you can change it to English.
happy mining.
RankerCan
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March 06, 2020, 06:24:58 PM
 #22

This is an interesting project. You much also try to generate funds from private investors. Don't rely on ICO crowdfunding only. The more options you have better are your chances of success. good luck

I would say those who are launching their projects right now have really strong nerves. ICO market is down and it will be very challenging to have success in the ICO market.
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EscTel
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March 06, 2020, 06:30:32 PM
 #23

are you kidding? to keep your network secure, you need more hash power and here you say you can mine using hard disk of your computer. It must be a scam type of thing I would say.
amber332
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March 06, 2020, 06:38:37 PM
 #24

are you kidding? to keep your network secure, you need more hash power and here you say you can mine using hard disk of your computer. It must be a scam type of thing I would say.


Every new innovation faces criticism at the start. Remember satoshi's invention was rarely welcomed by anyone in early days. It will take some time for people to understand that mining can be decentralized.
Anonymous193
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March 06, 2020, 06:43:24 PM
 #25

PoW backing the BTC has some serious limitations and has reached the point where we have to think of some alternate consensus algorithm. PoC may be one good replacement for PoW/PoS,  one thing is clear that PoW cant handle massive rallies like the one witness in Dec 2017.
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March 06, 2020, 06:55:14 PM
 #26

It reminds me of time when bitcoin mining was done on computers and very few took it seriously. I don't know how this will perform in the future but it's also free right now. Are we missing another opportunity?
HankePoster
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March 06, 2020, 07:02:08 PM
 #27

During the initialization phase, a series of data is generated according to the protocol and is saved in the storage capacity. When a new block is to be generated, a part of this stored data is revealed based on the value of a random number. This data is then used to generate a proof, and the node is able to compete for the next block. The process consists of five stages: initialisation, block building, block reception, main chain selection, and punishment mechanism. (Source)

I can see that this consensus algorithm can solve the issues of scalability (since this all won't take much time) and security. Rest admin can you explain how this can help in achieving decentralization?
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March 06, 2020, 07:09:30 PM
 #28

I seriously don't have much understanding of the technical details of blockchain. The idea just clicked me that I can mine coins using my computer and hard disk. So I am getting started with this. Hope I can get some good return.
WinterCns
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March 06, 2020, 07:16:03 PM
 #29


The good thing is you can get everything at one place. https://massnet.org/en/download. The wallet, miner and mainnet code.
Can you change the default language of miner to English? it is Chinese right now.
TooLate1
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March 06, 2020, 07:19:52 PM
 #30

MASS coin is not on exchange right now. Fine.
Is there any utility of MASS coin now? like can I use it somewhere? like paying my restaurant bill or buying some stuff online.
peonminer
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March 06, 2020, 07:29:09 PM
Last edit: March 06, 2020, 07:44:41 PM by peonminer
 #31

This looks like an interesting project. Hopefully the dev(s) will update the ANN thread with more information and details soon. The website is very vague. The Telegram channel is also small (200 members) with little to no contact from anyone except people asking questions. What is the minimum HDD space to run the wallet, miner, and node?
Kellygucci
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March 06, 2020, 07:29:29 PM
 #32

Count me in since this is also supporting Linux OS for mining. I don't think anyone will risk his MAC machine for mining but anyone having an old computer can set it up for mining on Linux OS. Many Linux enthusiastic will join this .
Kellygucci
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March 06, 2020, 07:38:17 PM
 #33

This looks like an interesting project. Hopefully, the dev(s) will update the ANN thread with more information and details soon. What is the minimum HDD space to run the wallet, miner, and node?

I don't think you need some massive HDD to start mining. May be this one can be useful for you if you want to start mining this coin

"For the test network, During the Testnet, users need to have a computer connected to the internet, a storage medium (e.g. a hard drive), the full-node client for MASS, and Full Node Client for Testnet running on, and a 64-bit Linux or macOS operating system that is capable of running the MASS full-node client. Other than these, there are no other specific requirements besides. For a more detailed guide, please refer to the MASS project documentation.

For the main network, follow the instructions in the MASS full node client and the full node wallet configuration manual." Source
pritchathenexttrader
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March 06, 2020, 07:52:14 PM
 #34

I  have 2 old PCs and a spare internet connection. I am thinking of setting up a mining rig for this coin. I am sure I will get a good surprise in the end, if not its not a huge investment.
ToothlessCoin
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March 06, 2020, 08:22:23 PM
 #35

PoC is different from other consensus algorithms introduced very recently. with the lightning network not getting much success we know we need a new consensus algo. let's see who gets the contract.
MASSNET (OP)
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March 07, 2020, 07:10:46 AM
 #36

ok, so you are making mining decentralized which means anyone can participate in mining process.
can you please tell me on which exchange your tokens are listed and was the worth of these tokens which I will get after mining?
massnet is on very early stage, it haven't been listed yet, it will be soon
MASSNET (OP)
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March 07, 2020, 07:27:33 AM
 #37

This looks like an interesting project. Hopefully the dev(s) will update the ANN thread with more information and details soon. The website is very vague. The Telegram channel is also small (200 members) with little to no contact from anyone except people asking questions. What is the minimum HDD space to run the wallet, miner, and node?
thank u sir, mass is on very early stage, the economics will be pubilish soon, and also, full node wallet and miner is ready on offcial website, miner can setup their own full node rightnow. Furthermore, mass is already supported by ming pool.
CRYcry
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March 07, 2020, 07:29:24 AM
 #38

Hi, can you please give me approximate info? if I will mine for exaple with 420GB space, how often I will mine blocks?
notblox1
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March 07, 2020, 01:28:22 PM
Last edit: March 08, 2020, 01:14:55 AM by notblox1
 #39

Miner is NOT working people, so don't waste your time with this.
One Chinese Mining Pool has all coins, and guess who owns it?

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notblox1
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March 08, 2020, 01:16:37 AM
 #40

What do you mean? 1 person own all coins?

No. I did not say that.
Explorer and ask more questions if you are interested to find out more.

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