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Author Topic: [ANN] AEON: Scalable, private, mobile-friendly cryptocurrency  (Read 619719 times)
nuqqi
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April 11, 2018, 06:28:53 PM
 #5281

uhm, mining at 30kh/s atm for 3 hours, only generated about 0.08aeon :s

is this coin really broken?
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April 11, 2018, 07:37:22 PM
 #5282

uhm, mining at 30kh/s atm for 3 hours, only generated about 0.08aeon :s

is this coin really broken?

You need to provide a heck of allot more information if you want an answer to help solve your problem.  Please specify the details of your hardware, software, pool, etc... Regardless of the details you definitely need to mine for allot more then 3 hours before jumping to any conclusions. This applies to any and every coin, not just AEON.
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April 11, 2018, 07:44:56 PM
 #5283

uhm, mining at 30kh/s atm for 3 hours, only generated about 0.08aeon :s

is this coin really broken?

It takes several hours for blocks to mature, which is when the pool will increment your pending balance.
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April 12, 2018, 12:38:14 AM
 #5284

What's wrong with using Bittrex hehehe? Wink
Price probably?
But size for sure - Bittrex have 130K and Hitbtc 150K only.

Hehe I was only joking. The liquidity for Aeon is so low that I wouldn't recommend anyone to buy 100k coins. What would happen if you decide to sell all of them? You would crash the price if you cannot look for a buyer off-exchange.

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eeX
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April 12, 2018, 07:47:01 AM
 #5285

You would crash the price if you cannot look for a buyer off-exchange.

Off-exchange trades is my domain.

Soldo [SLD] @ Soldo.IN
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April 13, 2018, 10:03:31 AM
 #5286

The volume of transactions is far from enough. I have not seen the valuable updates of projects, and need more attention.
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April 13, 2018, 08:02:37 PM
 #5287

When will POW be updated to Aeon V7?
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April 13, 2018, 08:40:49 PM
Last edit: April 14, 2018, 07:27:54 AM by SparkIt
Merited by demyan7 (5)
 #5288

Hi!

I studied the formula of calculation the Block reward:

(M−A) / (218) / (1012) where M = 264 −1 and A = supply mined to date.[3]

Input data:
Total Supply (264 −1): 18 446 744
Block time: 240 seconds
Blocks per day: 360


So.. I calculated the data in Excel and that's what we have:

Sort by Block reward:

Date              Mined supply       Remaining supply   Block reward      
Today    15 708 1362 738 60810,4
14.05.2018    15 822 3542 624 39010,0
30.07.2018    16 085 8692 360 8769,0
24.10.2018    16 349 0302 097 7148,0
29.01.2019    16 610 8211 835 9237,0
21.05.2019    16 872 7231 574 0216,0
01.10.2019    17 135 6531 311 0925,0
11.03.2020    17 397 3281 049 4164,0
07.10.2020    17 660 396786 3483,0
29.07.2021    17 922 477524 2672,0
15.12.2022    18 184 471262 2731,0




Sort by Mined supply:

Date              Mined supply         Remaining supply   Block reward          
05.07.2018    16 003 3492 443 3959,3
18.12.2018    16 501 7371 945 0077,4
22.07.2019    17 001 2801 445 4645,5
25.05.2020    17 500 101946 6433,6
23.11.2021    18 000 344446 4001,7
01.01.2040    18 446 694500,0001**


* Table with calculations here.

The table is large, therefore need to wait for load all data.
Perhaps in the table there are deviations from the fact, but in theory everything should be right.


Graphs of statistics










I think everything is clearly visible. The formula contains a significant reduction of AEON emission in the future.

26.08.2023
99% of all AEON will be released.

After that moment the reward will be negligible and will continue to decrease endlessly.

**Comment of @smooth

"There is a minimum that will be reached and then it won't decline any more (though since it is a fixed amount, it will become a smaller and smaller percentage over time).

So the fixed amount will be 0.3 per minute, but with 4 minute blocks that ends up being 1.2 AEON per block."

smooth
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April 14, 2018, 01:01:00 AM
 #5289

After that moment the reward will be negligible and will continue to decrease endlessly.

There is a minimum that will be reached and then it won't decline any more (though since it is a fixed amount, it will become a smaller and smaller percentage over time). This has been discussed numerous times and we eventually decided on keeping the same emission rate as Monero, as it has been since the beginning. So the fixed amount will be 0.3 per minute, but with 4 minute blocks that ends up being 1.2 AEON per block.
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April 15, 2018, 02:02:28 AM
 #5290

You would crash the price if you cannot look for a buyer off-exchange.

Off-exchange trades is my domain.

That would be hard for a cryptocoin like Aeon, don't you think? What if market prices crash to 5k satoshis? It would clearly be too hard to sell 100k Aeons if want to, both on and off-exchange.

But what do you know that you would be willing to hold that much Aeons? Care to share your insider information hehehe?

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April 17, 2018, 06:37:13 PM
 #5291

any info for a windows gui? (not the current cli)
was it in project or not?

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April 17, 2018, 11:01:51 PM
 #5292

Am I missing something?

How can ASIC miners move from Monero or ETN to Aeon?
They are on 2 different algorithms.

The clue is in the name... Application Specific

Cryptonight light is not cryptonight
Elder III
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April 17, 2018, 11:29:01 PM
 #5293

Am I missing something?

How can ASIC miners move from Monero or ETN to Aeon?
They are on 2 different algorithms.

The clue is in the name... Application Specific

Cryptonight light is not cryptonight

Because the new ASICS for Cryptonight can also mine Cryptonight Lite - it says so right on their manufacturer's website and has been tested by many buyers all over the internet if you want to check the veracity of the statement.
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April 18, 2018, 01:51:38 AM
 #5294

Does anyone have some updates on Aeon's ASIC resisting hardfork?

Also, in what cryptcoins did the Monero ASICs transfer to? We can see that there is no substantial increase in Aeon's hashrate. We are only on 37MH/s, which is still low considering the amount of ASICs in the wild.

Maybe the ASIC miners don't see it lucrative to mine Aeon because of the low volume in Bittrex hehehe. They would lose hehe.

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April 18, 2018, 04:59:01 AM
 #5295

Am I missing something?

How can ASIC miners move from Monero or ETN to Aeon?
They are on 2 different algorithms.

The clue is in the name... Application Specific

Cryptonight light is not cryptonight

Because the new ASICS for Cryptonight can also mine Cryptonight Lite - it says so right
Am I missing something?

How can ASIC miners move from Monero or ETN to Aeon?
They are on 2 different algorithms.

The clue is in the name... Application Specific

Cryptonight light is not cryptonight

Because the new ASICS for Cryptonight can also mine Cryptonight Lite - it says so right on their manufacturer's website and has been tested by many buyers all over the internet if you want to check the veracity of the statement.

Those machines at FPGA not ASIC and only Baikal offer these. The ones being sold by Bitmain, Innosilicon and Dragon mint are ASICS. There's a difference.
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April 18, 2018, 05:13:08 AM
 #5296

That's because they don't work on Aeon!

Only the FPGAs sold by Baikal and Pinidea.

Bitmain, Hualong  (Dragon mint) and Innosilicons CANNOT mine cryptonight light!


Does anyone have some updates on Aeon's ASIC resisting hardfork?

Also, in what cryptcoins did the Monero ASICs transfer to? We can see that there is no substantial increase in Aeon's hashrate. We are only on 37MH/s, which is still low considering the amount of ASICs in the wild.

Maybe the ASIC miners don't see it lucrative to mine Aeon because of the low volume in Bittrex hehehe. They would lose hehe.


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April 18, 2018, 05:03:23 PM
 #5297

Well, network hashrate DOUBLED in a week.

Of course ASIC's are mining.
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April 18, 2018, 06:17:55 PM
 #5298

There are no cryptonight light ASICS. Please educate yourself on the difference. If ASICS were mining Aeon it would be 200mhs by now
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April 18, 2018, 07:45:52 PM
 #5299

There are no cryptonight light ASICS. Please educate yourself on the difference. If ASICS were mining Aeon it would be 200mhs by now

Yes there is. Baikal Giant-N is one of them, maybe others mining secretly.

Network hashrate was 22 Mh/s some days ago, now it is 47 Mh/s.

Sure, 25 Mh/s in a couple of days, all CPU and GPU's, I presume.

Intense coin blockchain suffered a 51% attack because devs neglected to update POW shortly after monero. After that, Aeon network hashrate doubled.

Maybe Aeon devs want to suffer next 51% attack...

Just kill ASIC mining with Aeon7 POW.
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April 18, 2018, 08:07:02 PM
 #5300

That's because they don't work on Aeon!

Only the FPGAs sold by Baikal and Pinidea.

Bitmain, Hualong  (Dragon mint) and Innosilicons CANNOT mine cryptonight light!


Does anyone have some updates on Aeon's ASIC resisting hardfork?

Also, in what cryptcoins did the Monero ASICs transfer to? We can see that there is no substantial increase in Aeon's hashrate. We are only on 37MH/s, which is still low considering the amount of ASICs in the wild.

Maybe the ASIC miners don't see it lucrative to mine Aeon because of the low volume in Bittrex hehehe. They would lose hehe.

It seems that as of yesterday, they do:

https://www.cryptunit.com/coin/AEON

yesterday the hashrate was 26MH/s, and today it shot up to 48MH/s:
https://chainradar.com/aeon/blocks
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