cryptonit
Legendary
Offline
Activity: 3038
Merit: 1053
bit.diamonds | uNiq.diamonds
|
|
June 22, 2015, 08:43:10 PM |
|
Anyway, I still need to read more about this minting mode... you are saying that only 1 or 2 day is enough? Do I have to wait 7 days to have mature coins in the wallet? And then I can try to mint them?
9 days minimum age but no guarantee they will mint that young the chance is increasing with each day up to 30 days when u reach maximum chance the amount of reward will increase each day too (but without limit so even if u wait 6 months before u go minting mode u will be able claim ur POS rewards (at actual POS rate)) more details u can find here https://bit.diamonds/community/index.php/topic,46.msg376.html#msg376
|
|
|
|
BogdanCo
|
|
June 22, 2015, 08:50:25 PM |
|
Hi cryptonit, First of all I appreciate your work a lot! I see you know a lot about cryptoworld I've been watching DMD for some time now, I also invested some BTC in Diamond. Since 4 days I invested into DMD cloudmining (now much, I have an asic who runs only at night). I do have a question: if let's say it hashes 0,01 BTC in one night, 50% goes to cloudmining shares and 50% goes into my wallet? Or into my wallet I receive DMD from cloumining shares? I see every day I get some small amount of dmd into my wallet... My DMD address (maybe you have time to take a look): dXjudBJs7iF7YsKaqbEGToH6NTtZorq6j7 Thanks advanced, Bogdan hi bogdan in ur case i would do following change setting back to mine for DMD (uncheck the convert to shares option) try to win one day in the cloudshare promotion bounty https://bit.diamonds/community/index.php/topic,113.msg872.html#msg872but beside this keep multipool mining with convert to DMD setting this way u would have 3 dmd income sources 1st POS of ur coins in wallet 2nd DMD from mining on dmd multipool 3rd DMD from dmd cloudmining shares its always good when some silent reader speak up it give the team motivation when we read another new name and we get to know our investors in the end we all share a dream together so why not enjoy the voyage without stay silent hidden in a corner br helmut Thanks I appreciate, did it like you said Now let's see if I can win the bounty )
|
|
|
|
BogdanCo
|
|
June 22, 2015, 09:09:32 PM |
|
Anyway, I still need to read more about this minting mode... you are saying that only 1 or 2 day is enough? Do I have to wait 7 days to have mature coins in the wallet? And then I can try to mint them?
9 days minimum age but no guarantee they will mint that young the chance is increasing with each day up to 30 days when u reach maximum chance the amount of reward will increase each day too (but without limit so even if u wait 6 months before u go minting mode u will be able claim ur POS rewards (at actual POS rate)) more details u can find here https://bit.diamonds/community/index.php/topic,46.msg376.html#msg376Wait a minute.... you're saying better to wait 30 days and then try to mint them? Maybe I wait to try once because it's getting more complicated and confusing For example: I have ~2000 dmd in my wallet now. After 9 days I try to mint them. If successful then I will have ~80 more in my wallet? If not I have to wait more time and then try again? Thanks for your time.
|
|
|
|
chilo
|
|
June 22, 2015, 09:56:30 PM |
|
Anyway, I still need to read more about this minting mode... you are saying that only 1 or 2 day is enough? Do I have to wait 7 days to have mature coins in the wallet? And then I can try to mint them?
9 days minimum age but no guarantee they will mint that young the chance is increasing with each day up to 30 days when u reach maximum chance the amount of reward will increase each day too (but without limit so even if u wait 6 months before u go minting mode u will be able claim ur POS rewards (at actual POS rate)) more details u can find here https://bit.diamonds/community/index.php/topic,46.msg376.html#msg376Wait a minute.... you're saying better to wait 30 days and then try to mint them? Maybe I wait to try once because it's getting more complicated and confusing For example: I have ~2000 dmd in my wallet now. After 9 days I try to mint them. If successful then I will have ~80 more in my wallet? If not I have to wait more time and then try again? Thanks for your time. Hi BogdanCo I can answer this for you. Say your wallet has a 2000 coin pile and you open it after the coins have been there 9 days. It will mint pretty quickly at least by the next day or two. The pile will split into two piles around 1013 or so coins in each. (The additional 26 coins is your minting reward for ~10 days staking 2000 DMD. These two piles are now fresh and need at least 9 days to stake again, at which point the process will happen again to both piles. If you have many small piles around 20 - 50 DMD each, you may need to wait longer (up to 30 days) for each of them to mint as they need more coin age per pile to increase their chance to mint. If you can leave your wallet running all the time in minting mode you are better off as coin piles will always mint as soon as it is possible increasing your compound interest. Ensure your wallet is encrypted and open for minting. Regards chilo
|
|
|
|
ReiMomo
Sr. Member
Offline
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
|
|
June 23, 2015, 01:32:59 AM |
|
What algo is this coin? Grøestl and Scrypt is giving me booooos all the time diamond groestl at ccminer dmd-gr at sgminer i think -diamond I don't have a video card, I need a CPU Miner. There my old miner for the CPU can use it. http://ge.tt/6gqVSpI2/v/0 but as said Cryptonit efficiency of such production is very small now. Tested it and it seem not to be compatible with Diamond. I checked and this miner works. Sign up for one of the pools and specify the address pool settings, batch file, port, and login + password. forexample minerd -a groestl -o stratum+tcp://dmdeu.miningfield.com:3377 -u you_name -p pass -t 4 -t option is responsible for the number of processor cores that you use for mining use Win7-x64 Platform No man, look where it says (booooo) it means the shares are being rejected due to wrong algo. It should say (yay!!!) when working correctly. i think u need to use the pushpool server from danbi thats the only one who can handle the difference of groestloch/diamond-groestl so u register at http://dmdpool.digsys.bg set up a worker but for mining u use this path stratum+tcp://dmdpool.digsys.bg:3345 -u Weblogin.WorkerName -p WorkerPassword or http://dmdpool.digsys.bg:3345 -u Weblogin.WorkerName -p WorkerPassword try both its long ago since i tested cpu mining important is u use the 3345 port which leads to pushpool in danbi pool backend basical no cpu mining software exist that support the diamond-gröestl algo but the groestlcoin algo works in combination with a pushpool server in backend and the only one who was able to setup such a pool was danbi he provide a stratum server at port 3333 and a pushpool server at 3345 So there is not CPU miner for Diamond, port 3345 of that pool is down. Probably someone like TPruvot can integrate Grøestl DMD on the next CPU Miner release. Hopefully I'll buy a video card on September.
|
|
|
|
| | | . Duelbits | | | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄▄▄ | TRY OUR
NEW UNIQUE GAMES! | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀DICE .▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | | ███████████████████████████████ ███▀▀ ▀▀███ ███ ▄▄▄▄ ▄▄▄▄ ███ ███ ██████ ██████ ███ ███ ▀████▀ ▀████▀ ███ ███ ███ ███ ███ ███ ███ ███ ▄████▄ ▄████▄ ███ ███ ██████ ██████ ███ ███ ▀▀▀▀ ▀▀▀▀ ███ ███▄▄ ▄▄███ ███████████████████████████████ | | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀MINES .▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | | ███████████████████████████████ ████████████████████████▄▀▄████ ██████████████▀▄▄▄▀█████▄▀▄████ ████████████▀ █████▄▀████ █████ ██████████ █████▄▀▀▄██████ ███████▀ ▀████████████ █████▀ ▀██████████ █████ ██████████ ████▌ ▐█████████ █████ ██████████ ██████▄ ▄███████████ ████████▄▄ ▄▄█████████████ ███████████████████████████████ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀PLINKO .▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | | ███████████████████████████████ █████████▀▀▀ ▀▀▀█████████ ██████▀ ▄▄███ ███ ▀██████ █████ ▄▀▀ █████ ████ ▀ ████ ███ ███ ███ ███ ███ ███ ████ ████ █████ █████ ██████▄ ▄██████ █████████▄▄▄ ▄▄▄█████████ ███████████████████████████████ | | 10,000x MULTIPLIER | │ | | | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ |
|
|
|
shveicar
Legendary
Offline
Activity: 1414
Merit: 1013
DMD info: https://diamond-info.github.io/
|
|
June 23, 2015, 01:54:26 AM |
|
What algo is this coin? Grøestl and Scrypt is giving me booooos all the time diamond groestl at ccminer dmd-gr at sgminer i think -diamond I don't have a video card, I need a CPU Miner. There my old miner for the CPU can use it. http://ge.tt/6gqVSpI2/v/0 but as said Cryptonit efficiency of such production is very small now. Tested it and it seem not to be compatible with Diamond. I checked and this miner works. Sign up for one of the pools and specify the address pool settings, batch file, port, and login + password. forexample minerd -a groestl -o stratum+tcp://dmdeu.miningfield.com:3377 -u you_name -p pass -t 4 -t option is responsible for the number of processor cores that you use for mining use Win7-x64 Platform No man, look where it says (booooo) it means the shares are being rejected due to wrong algo. It should say (yay!!!) when working correctly. i think u need to use the pushpool server from danbi thats the only one who can handle the difference of groestloch/diamond-groestl so u register at http://dmdpool.digsys.bg set up a worker but for mining u use this path stratum+tcp://dmdpool.digsys.bg:3345 -u Weblogin.WorkerName -p WorkerPassword or http://dmdpool.digsys.bg:3345 -u Weblogin.WorkerName -p WorkerPassword try both its long ago since i tested cpu mining important is u use the 3345 port which leads to pushpool in danbi pool backend basical no cpu mining software exist that support the diamond-gröestl algo but the groestlcoin algo works in combination with a pushpool server in backend and the only one who was able to setup such a pool was danbi he provide a stratum server at port 3333 and a pushpool server at 3345 So there is not CPU miner for Diamond, port 3345 of that pool is down. Probably someone like TPruvot can integrate Grøestl DMD on the next CPU Miner release. Hopefully I'll buy a video card on September. I used this CPU miner for increase capacity at the mining solo with GPU. But probably because of the current problems with the ports, you can use it to the mining groestlcoin and subsequent sale of these coins in exchange for diamonds
|
|
|
|
crazyivan
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
|
|
June 23, 2015, 05:00:28 AM |
|
Once more, CPU mining is useless for DMD and it s also useless for 99.9% of all other altcoin around. There are a few specific alt which are still CPU mine-able but you can make maybe 1 cent per day, probably not even that. I suggest you buy some DMD instead of buying a graphic card cause even with high end GPU, you are still at least 2 years too late for home crypto mining.
|
|
|
|
cryptonit
Legendary
Offline
Activity: 3038
Merit: 1053
bit.diamonds | uNiq.diamonds
|
|
June 23, 2015, 07:17:04 AM Last edit: June 23, 2015, 07:29:12 AM by cryptonit |
|
Once more, CPU mining is useless for DMD and it s also useless for 99.9% of all other altcoin around. There are a few specific alt which are still CPU mine-able but you can make maybe 1 cent per day, probably not even that. I suggest you buy some DMD instead of buying a graphic card cause even with high end GPU, you are still at least 2 years too late for home crypto mining.
buy a GPU for mining is this days a absolute nogo if u play PC games and for that need a good gpu and/or u not the guy who pay the power bill then go for a nice maxwell chip based nvidia GPU cpu mining really make no sence at DMD Diamond at this stage of coinrolloutplan after POW reward reduction i think i can remember that in the past one of the cpu miners out there did implement a startum able diamond groestl support too but i cant remember and have no time to research which one i think it was yam u can try download one of the miners that fit to ur cpu https://mega.co.nz/#F!h0tkXSxZ!f62uoUXogkxQmP2xO8Ib-gyes did a quickcheck they have a yam-dmd config but i have no time to test it maybe this guide from groestl help ya u just need to adapt it to yam-dmd and one of our pools http://cpucoinlist.com/how-to/cpu-mine-groestlcoin/
|
|
|
|
cryptonit
Legendary
Offline
Activity: 3038
Merit: 1053
bit.diamonds | uNiq.diamonds
|
|
June 23, 2015, 12:06:14 PM |
|
60 day charts
|
|
|
|
paolo77
Legendary
Offline
Activity: 910
Merit: 1000
|
|
June 23, 2015, 01:16:34 PM |
|
Hello, I have the wallet of a raspberry pi 2 and takes up 380MB of RAM, it's normal, I have to do something to reduce consumption? PS: the wallet is synchronized.
|
|
|
|
cryptonit
Legendary
Offline
Activity: 3038
Merit: 1053
bit.diamonds | uNiq.diamonds
|
|
June 23, 2015, 01:45:00 PM |
|
Hello, I have the wallet of a raspberry pi 2 and takes up 380MB of RAM, it's normal, I have to do something to reduce consumption? PS: the wallet is synchronized.
normal
|
|
|
|
BogdanCo
|
|
June 23, 2015, 04:39:35 PM |
|
Anyway, I still need to read more about this minting mode... you are saying that only 1 or 2 day is enough? Do I have to wait 7 days to have mature coins in the wallet? And then I can try to mint them?
9 days minimum age but no guarantee they will mint that young the chance is increasing with each day up to 30 days when u reach maximum chance the amount of reward will increase each day too (but without limit so even if u wait 6 months before u go minting mode u will be able claim ur POS rewards (at actual POS rate)) more details u can find here https://bit.diamonds/community/index.php/topic,46.msg376.html#msg376Wait a minute.... you're saying better to wait 30 days and then try to mint them? Maybe I wait to try once because it's getting more complicated and confusing For example: I have ~2000 dmd in my wallet now. After 9 days I try to mint them. If successful then I will have ~80 more in my wallet? If not I have to wait more time and then try again? Thanks for your time. Hi BogdanCo I can answer this for you. Say your wallet has a 2000 coin pile and you open it after the coins have been there 9 days. It will mint pretty quickly at least by the next day or two. The pile will split into two piles around 1013 or so coins in each. (The additional 26 coins is your minting reward for ~10 days staking 2000 DMD. These two piles are now fresh and need at least 9 days to stake again, at which point the process will happen again to both piles. If you have many small piles around 20 - 50 DMD each, you may need to wait longer (up to 30 days) for each of them to mint as they need more coin age per pile to increase their chance to mint. If you can leave your wallet running all the time in minting mode you are better off as coin piles will always mint as soon as it is possible increasing your compound interest. Ensure your wallet is encrypted and open for minting. Regards chilo Thanks a lot chilo, I quess I have to do it first to see how it's going.... A question: does it's really necessary to have the wallet encrypted? Thanks again, Bogdan
|
|
|
|
crazyivan
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
|
|
June 23, 2015, 05:30:57 PM |
|
Anyway, I still need to read more about this minting mode... you are saying that only 1 or 2 day is enough? Do I have to wait 7 days to have mature coins in the wallet? And then I can try to mint them?
9 days minimum age but no guarantee they will mint that young the chance is increasing with each day up to 30 days when u reach maximum chance the amount of reward will increase each day too (but without limit so even if u wait 6 months before u go minting mode u will be able claim ur POS rewards (at actual POS rate)) more details u can find here https://bit.diamonds/community/index.php/topic,46.msg376.html#msg376Wait a minute.... you're saying better to wait 30 days and then try to mint them? Maybe I wait to try once because it's getting more complicated and confusing For example: I have ~2000 dmd in my wallet now. After 9 days I try to mint them. If successful then I will have ~80 more in my wallet? If not I have to wait more time and then try again? Thanks for your time. Hi BogdanCo I can answer this for you. Say your wallet has a 2000 coin pile and you open it after the coins have been there 9 days. It will mint pretty quickly at least by the next day or two. The pile will split into two piles around 1013 or so coins in each. (The additional 26 coins is your minting reward for ~10 days staking 2000 DMD. These two piles are now fresh and need at least 9 days to stake again, at which point the process will happen again to both piles. If you have many small piles around 20 - 50 DMD each, you may need to wait longer (up to 30 days) for each of them to mint as they need more coin age per pile to increase their chance to mint. If you can leave your wallet running all the time in minting mode you are better off as coin piles will always mint as soon as it is possible increasing your compound interest. Ensure your wallet is encrypted and open for minting. Regards chilo Thanks a lot chilo, I quess I have to do it first to see how it's going.... A question: does it's really necessary to have the wallet encrypted? Thanks again, Bogdan Yes, absolutely. Long password, at least 15 characters, use combination of numbers, letters and special characters like *. This is your most important defense if somebody steals your wallet, without that password, they cant access your coins.
|
|
|
|
Vagnavs
Legendary
Offline
Activity: 1121
Merit: 1003
|
|
June 23, 2015, 05:36:16 PM |
|
60 day charts Holding steady. Look forward to future developments
|
Avalanche is a must own
|
|
|
BogdanCo
|
|
June 23, 2015, 05:43:27 PM |
|
Anyway, I still need to read more about this minting mode... you are saying that only 1 or 2 day is enough? Do I have to wait 7 days to have mature coins in the wallet? And then I can try to mint them?
9 days minimum age but no guarantee they will mint that young the chance is increasing with each day up to 30 days when u reach maximum chance the amount of reward will increase each day too (but without limit so even if u wait 6 months before u go minting mode u will be able claim ur POS rewards (at actual POS rate)) more details u can find here https://bit.diamonds/community/index.php/topic,46.msg376.html#msg376Wait a minute.... you're saying better to wait 30 days and then try to mint them? Maybe I wait to try once because it's getting more complicated and confusing For example: I have ~2000 dmd in my wallet now. After 9 days I try to mint them. If successful then I will have ~80 more in my wallet? If not I have to wait more time and then try again? Thanks for your time. Hi BogdanCo I can answer this for you. Say your wallet has a 2000 coin pile and you open it after the coins have been there 9 days. It will mint pretty quickly at least by the next day or two. The pile will split into two piles around 1013 or so coins in each. (The additional 26 coins is your minting reward for ~10 days staking 2000 DMD. These two piles are now fresh and need at least 9 days to stake again, at which point the process will happen again to both piles. If you have many small piles around 20 - 50 DMD each, you may need to wait longer (up to 30 days) for each of them to mint as they need more coin age per pile to increase their chance to mint. If you can leave your wallet running all the time in minting mode you are better off as coin piles will always mint as soon as it is possible increasing your compound interest. Ensure your wallet is encrypted and open for minting. Regards chilo Thanks a lot chilo, I quess I have to do it first to see how it's going.... A question: does it's really necessary to have the wallet encrypted? Thanks again, Bogdan Yes, absolutely. Long password, at least 15 characters, use combination of numbers, letters and special characters like *. This is your most important defense if somebody steals your wallet, without that password, they cant access your coins. Thanks Ivan, then I will encrypt it
|
|
|
|
crazyivan
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
|
|
June 23, 2015, 05:52:34 PM |
|
Anyway, I still need to read more about this minting mode... you are saying that only 1 or 2 day is enough? Do I have to wait 7 days to have mature coins in the wallet? And then I can try to mint them?
9 days minimum age but no guarantee they will mint that young the chance is increasing with each day up to 30 days when u reach maximum chance the amount of reward will increase each day too (but without limit so even if u wait 6 months before u go minting mode u will be able claim ur POS rewards (at actual POS rate)) more details u can find here https://bit.diamonds/community/index.php/topic,46.msg376.html#msg376Wait a minute.... you're saying better to wait 30 days and then try to mint them? Maybe I wait to try once because it's getting more complicated and confusing For example: I have ~2000 dmd in my wallet now. After 9 days I try to mint them. If successful then I will have ~80 more in my wallet? If not I have to wait more time and then try again? Thanks for your time. Hi BogdanCo I can answer this for you. Say your wallet has a 2000 coin pile and you open it after the coins have been there 9 days. It will mint pretty quickly at least by the next day or two. The pile will split into two piles around 1013 or so coins in each. (The additional 26 coins is your minting reward for ~10 days staking 2000 DMD. These two piles are now fresh and need at least 9 days to stake again, at which point the process will happen again to both piles. If you have many small piles around 20 - 50 DMD each, you may need to wait longer (up to 30 days) for each of them to mint as they need more coin age per pile to increase their chance to mint. If you can leave your wallet running all the time in minting mode you are better off as coin piles will always mint as soon as it is possible increasing your compound interest. Ensure your wallet is encrypted and open for minting. Regards chilo Thanks a lot chilo, I quess I have to do it first to see how it's going.... A question: does it's really necessary to have the wallet encrypted? Thanks again, Bogdan Yes, absolutely. Long password, at least 15 characters, use combination of numbers, letters and special characters like *. This is your most important defense if somebody steals your wallet, without that password, they cant access your coins. Thanks Ivan, then I will encrypt it You can stake with your wallet encrypted, no problem with that. You just unlock the wallet for staking only. Also, DO NOT lose/forget that password. If you forget it, you ll never be able to access your coins again.
|
|
|
|
BogdanCo
|
|
June 23, 2015, 06:14:34 PM |
|
Anyway, I still need to read more about this minting mode... you are saying that only 1 or 2 day is enough? Do I have to wait 7 days to have mature coins in the wallet? And then I can try to mint them?
9 days minimum age but no guarantee they will mint that young the chance is increasing with each day up to 30 days when u reach maximum chance the amount of reward will increase each day too (but without limit so even if u wait 6 months before u go minting mode u will be able claim ur POS rewards (at actual POS rate)) more details u can find here https://bit.diamonds/community/index.php/topic,46.msg376.html#msg376Wait a minute.... you're saying better to wait 30 days and then try to mint them? Maybe I wait to try once because it's getting more complicated and confusing For example: I have ~2000 dmd in my wallet now. After 9 days I try to mint them. If successful then I will have ~80 more in my wallet? If not I have to wait more time and then try again? Thanks for your time. Hi BogdanCo I can answer this for you. Say your wallet has a 2000 coin pile and you open it after the coins have been there 9 days. It will mint pretty quickly at least by the next day or two. The pile will split into two piles around 1013 or so coins in each. (The additional 26 coins is your minting reward for ~10 days staking 2000 DMD. These two piles are now fresh and need at least 9 days to stake again, at which point the process will happen again to both piles. If you have many small piles around 20 - 50 DMD each, you may need to wait longer (up to 30 days) for each of them to mint as they need more coin age per pile to increase their chance to mint. If you can leave your wallet running all the time in minting mode you are better off as coin piles will always mint as soon as it is possible increasing your compound interest. Ensure your wallet is encrypted and open for minting. Regards chilo Thanks a lot chilo, I quess I have to do it first to see how it's going.... A question: does it's really necessary to have the wallet encrypted? Thanks again, Bogdan Yes, absolutely. Long password, at least 15 characters, use combination of numbers, letters and special characters like *. This is your most important defense if somebody steals your wallet, without that password, they cant access your coins. Thanks Ivan, then I will encrypt it You can stake with your wallet encrypted, no problem with that. You just unlock the wallet for staking only. Also, DO NOT lose/forget that password. If you forget it, you ll never be able to access your coins again. I just see that my wallet is minting Says: Minting \ Your weight is 1 \ Expected time to earn reward is 2207 day. Can I encrypt it now? I still be able to receive transactions?
|
|
|
|
crazyivan
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
|
|
June 23, 2015, 06:33:58 PM Last edit: June 23, 2015, 06:51:47 PM by crazyivan |
|
Anyway, I still need to read more about this minting mode... you are saying that only 1 or 2 day is enough? Do I have to wait 7 days to have mature coins in the wallet? And then I can try to mint them?
9 days minimum age but no guarantee they will mint that young the chance is increasing with each day up to 30 days when u reach maximum chance the amount of reward will increase each day too (but without limit so even if u wait 6 months before u go minting mode u will be able claim ur POS rewards (at actual POS rate)) more details u can find here https://bit.diamonds/community/index.php/topic,46.msg376.html#msg376Wait a minute.... you're saying better to wait 30 days and then try to mint them? Maybe I wait to try once because it's getting more complicated and confusing For example: I have ~2000 dmd in my wallet now. After 9 days I try to mint them. If successful then I will have ~80 more in my wallet? If not I have to wait more time and then try again? Thanks for your time. Hi BogdanCo I can answer this for you. Say your wallet has a 2000 coin pile and you open it after the coins have been there 9 days. It will mint pretty quickly at least by the next day or two. The pile will split into two piles around 1013 or so coins in each. (The additional 26 coins is your minting reward for ~10 days staking 2000 DMD. These two piles are now fresh and need at least 9 days to stake again, at which point the process will happen again to both piles. If you have many small piles around 20 - 50 DMD each, you may need to wait longer (up to 30 days) for each of them to mint as they need more coin age per pile to increase their chance to mint. If you can leave your wallet running all the time in minting mode you are better off as coin piles will always mint as soon as it is possible increasing your compound interest. Ensure your wallet is encrypted and open for minting. Regards chilo Thanks a lot chilo, I quess I have to do it first to see how it's going.... A question: does it's really necessary to have the wallet encrypted? Thanks again, Bogdan Yes, absolutely. Long password, at least 15 characters, use combination of numbers, letters and special characters like *. This is your most important defense if somebody steals your wallet, without that password, they cant access your coins. Thanks Ivan, then I will encrypt it You can stake with your wallet encrypted, no problem with that. You just unlock the wallet for staking only. Also, DO NOT lose/forget that password. If you forget it, you ll never be able to access your coins again. I just see that my wallet is minting Says: Minting \ Your weight is 1 \ Expected time to earn reward is 2207 day. Can I encrypt it now? I still be able to receive transactions? Yes, u ll still be able to mint. Once you encrypt it, it ll ask for the password to unlock the wallet for minting or to send coins from your wallet. However, if somebody would steal your wallet, they would not be able to move the coins out of your wallet without that password. Please do not lose your password. Also, once you get your coins, do not move them, cause every time you move your coins, you reset your minting age. In other words, for coins to mint, they must stay in the wallet, in the same address, undisturbed. Also, I suggest you get a bit more coins, more coins means more minting in the future. Good luck.
|
|
|
|
BogdanCo
|
|
June 23, 2015, 06:46:42 PM |
|
Thanks Ivan for you time, good luck to you also!
Bogdan
|
|
|
|
cryptonit
Legendary
Offline
Activity: 3038
Merit: 1053
bit.diamonds | uNiq.diamonds
|
|
June 23, 2015, 07:52:16 PM |
|
Yes, absolutely. Long password, at least 15 characters, use combination of numbers, letters and special characters like *. This is your most important defense if somebody steals your wallet, without that password, they cant access your coins.
my hint is to use a at least 8 letter high security passwordpart together with 20 letters low security
the high security part try to include lot different types of letters the low security part increase whole password security by lenght
a example would be low high
nooneeverknow!aL0913$mypassword4ever
|
|
|
|
|