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suky321
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July 05, 2016, 04:20:36 PM |
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I once had NCC and NIS running for over 24 hours with no fees earned, on another time I earned 72 XEM after running for 2 hours, and another time 6 xem for running for a day or so.
Can NIS running on its own with the NCC shutdown continue to locally harvest in the background, or does NCC need to be open?
Are there any security risks to delegated harvesting as opposed to local harvesting?
Are you likely to earn more fees from delegated harvesting than local harvesting?
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jabo38
Legendary
 Offline
Activity: 1232
Merit: 1001
mining is so 2012-2013
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July 05, 2016, 04:21:02 PM |
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Only bought. Never sold. I think our pumping fun might be over for now. Let's see where it settles. No doubt there'll be more in the future.
I own more than I did at launch too. Even up until a week or two ago I was still buying little bits here and there and very well might do so in the future. I'm really looking for a nice payday at $0.10 or higher in 2017. some might think that is crazy, but... In February of 2014 a lot of (lucky/risky) investors donated around $25 (some more and some less) worth of btc or NXT in hopes of helping NEM and joining the Nemesis block. https://bitcointalk.org/index.php?topic=440185.msg4903908#msg4903908For those that stuck around and redeemed their coupon, they were rewarded with a launch marketcap of around $2.5 million during the first week. That was $625 per person. From $25 that was a whopping 25x increase on their money for patiently waiting 14 months (which is a looooooooong time in crypto years). For some months after that launch NEM slowly drifted down as many people sold, but also the NEM developers were quietly working in the background, just as they still are. Some 14 months after launch we can look at the marketcap today of about $63m and see that since that original launch marketcap of $2.5m, NEM has gone up ANOTHER 25x in another 14 months. One time can be an accident. Two times means there is something there. But if NEM repeats this growth again over the next 14 months, we can safely say that this is real. All numbers in this post can be checked on Coinmarketcap. https://coinmarketcap.com/currencies/nem/ |
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XbladeX
Legendary
Offline
Activity: 1302
Merit: 1002
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July 05, 2016, 05:33:03 PM |
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...
Can NIS running on its own with the NCC shutdown continue to locally harvest in the background, or does NCC need to be open?
On my VPS this is a reason why there is NCC and NIS. NIS is for harveting just boot it with priv key normal or delegated. ...
Are there any security risks to delegated harvesting as opposed to local harvesting?
If someone will get your private delegated harveting he can harvet for you but not more he have zero control over your founds in real wallet. Since sup[ernode is registered by normal acc with normal priv jey attacer can do nothing to you ah he can harverst for you but he wont get ANY of your XEM. Are you likely to earn more fees from delegated harvesting than local harvesting?
There is a no diffrence Delegated is for seciurity reason which is pain in 99% other POS type coins where you have to expose you prive key. |
Request / 26th September / 2022 APP-06-22-4587
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BloodyRookie
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July 05, 2016, 05:34:10 PM |
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Can NIS running on its own with the NCC shutdown continue to locally harvest in the background, or does NCC need to be open?
NCC can be shut down, yes, NIS will continue to harvest. |
Nothing Else Matters
NEM: NALICE-LGU3IV-Y4DPJK-HYLSSV-YFFWYS-5QPLYE-ZDJJ
NXT: 11095639652683007953
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garp
Member
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Activity: 94
Merit: 10
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July 05, 2016, 05:41:55 PM |
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Sad to see, that only about 1/4 of the stakeholders kept more than 10% of their stake...
... or they have put their stake in another account. Some might even have increased their investment  |
garp
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engmax
Newbie
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Activity: 5
Merit: 0
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July 05, 2016, 06:45:18 PM |
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Hi guys, I have a rather stupid question about delegated harvesting:
When I activate delegated harvesting and set a remote NIS, what's left to be running on my computer??
NCC doesn't harvest, NIS does - and NIS is set to remote.
So this would mean I can go completely offline and the remote server is "doing all the work"?
Not getting my head around this... why would you even be getting rewards if the computational power is outsourced 100% (Not that I would be complaining though)?
Thanks for your help!
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rigel
Legendary
Offline
Activity: 1240
Merit: 1001
Thank God I'm an atheist
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July 05, 2016, 06:54:20 PM |
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Hi guys, I have a rather stupid question about delegated harvesting:
When I activate delegated harvesting and set a remote NIS, what's left to be running on my computer??
NCC doesn't harvest, NIS does - and NIS is set to remote.
So this would mean I can go completely offline and the remote server is "doing all the work"?
Not getting my head around this... why would you even be getting rewards if the computational power is outsourced 100% (Not that I would be complaining though)?
Thanks for your help!
Delegated harvesting means you create a new account with zero balance that harvests instead of your main account. Delegated harvesting makes it safe to harvest on someone else's node or on a vps; it doesn't mean this automatically happens. With NCC you have to choose a remote server and start harvesting on it. If you did this you can shut down your NIS and your NCC. Beware: if remote NIS is restarted you stop harvesting on it. You better check it from time to time with your NCC. |
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mattadc
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July 05, 2016, 07:04:30 PM |
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NEM has done some amazing jump in poloniex - if compared to price in January  Has this now been the proof of competence ? Or how that one guy it presented  |
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garp
Member
Offline
Activity: 94
Merit: 10
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July 05, 2016, 07:19:14 PM |
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NEM has done some amazing jump in poloniex - if compared to price in January Has this now been the proof of competence ? Or how that one guy it presented A higher price is not the proof of competence, rather a confirmation. Because a higher price is the result of an increased demand for the cryptocurrency. But is the demand justified? We might be wrong. But the chance that everybody is wrong all the time is very small... |
garp
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mattadc
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July 05, 2016, 07:26:41 PM |
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NEM has done some amazing jump in poloniex - if compared to price in January Has this now been the proof of competence ? Or how that one guy it presented A higher price is not the proof of competence, rather a confirmation. Because a higher price is the result of an increased demand for the cryptocurrency. But is the demand justified? We might be wrong. But the chance that everybody is wrong all the time is very small... About high prices : in Poloniex there is now three coins with +200 %. This may be a wrong forum to ask, but : is that only manipulation, someone wants to hype the coins without a good reason and then sell his whale meats? |
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DIMKAZDS
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July 05, 2016, 07:46:02 PM |
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NEM has done some amazing jump in poloniex - if compared to price in January Has this now been the proof of competence ? Or how that one guy it presented A higher price is not the proof of competence, rather a confirmation. Because a higher price is the result of an increased demand for the cryptocurrency. But is the demand justified? We might be wrong. But the chance that everybody is wrong all the time is very small... About high prices : in Poloniex there is now three coins with +200 %. This may be a wrong forum to ask, but : is that only manipulation, someone wants to hype the coins without a good reason and then sell his whale meats? Captain Obvious, it is you? |
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mattadc
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July 05, 2016, 07:58:07 PM
Last edit: July 05, 2016, 08:19:57 PM by mattadc |
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NEM has done some amazing jump in poloniex - if compared to price in January Has this now been the proof of competence ? Or how that one guy it presented A higher price is not the proof of competence, rather a confirmation. Because a higher price is the result of an increased demand for the cryptocurrency. But is the demand justified? We might be wrong. But the chance that everybody is wrong all the time is very small... About high prices : in Poloniex there is now three coins with +200 %. This may be a wrong forum to ask, but : is that only manipulation, someone wants to hype the coins without a good reason and then sell his whale meats? Captain Obvious, it is you? Is it or is it not? ... obvious? If it is, then was it obvious also with NEM? How many % in few days. There were quite strong NEM walls, which were barriers to the robot, which said all the time "I buy 7.000 XEM" |
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garp
Member
Offline
Activity: 94
Merit: 10
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July 05, 2016, 08:03:26 PM |
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NEM has done some amazing jump in poloniex - if compared to price in January Has this now been the proof of competence ? Or how that one guy it presented A higher price is not the proof of competence, rather a confirmation. Because a higher price is the result of an increased demand for the cryptocurrency. But is the demand justified? We might be wrong. But the chance that everybody is wrong all the time is very small... About high prices : in Poloniex there is now three coins with +200 %. This may be a wrong forum to ask, but : is that only manipulation, someone wants to hype the coins without a good reason and then sell his whale meats? I've never heard of HZ, YACC or MYR and if I did, I wouldn't tell you ;-) Read: yes, wrong forum. |
garp
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DIMKAZDS
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July 05, 2016, 08:08:34 PM |
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NEM has done some amazing jump in poloniex - if compared to price in January Has this now been the proof of competence ? Or how that one guy it presented A higher price is not the proof of competence, rather a confirmation. Because a higher price is the result of an increased demand for the cryptocurrency. But is the demand justified? We might be wrong. But the chance that everybody is wrong all the time is very small... About high prices : in Poloniex there is now three coins with +200 %. This may be a wrong forum to ask, but : is that only manipulation, someone wants to hype the coins without a good reason and then sell his whale meats? Captain Obvious, it is you? Is it or is it not? ... obvious? If it is, then was it obvious also with NEM? How many % in few days. There were quite strong NEM walls, which were barriers to the robot, which said all the time "I buy 7000 XEM" Ammm... 200% not enough for you?)) The question is pump is over, or not. I think no, coz some one buying xem slowly and continuously. So week or two, and probably 3000k?))) |
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mattadc
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July 05, 2016, 08:17:54 PM |
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Ammm... 200% not enough for you?)) The question is pump is over, or not. I think no, coz some one buying xem slowly and continuously. So week or two, and probably 3000k?)))
Actually, 200 % is not enough "some one buying" - that needs the proof  |
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BloodyRookie
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July 05, 2016, 08:28:50 PM |
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Not getting my head around this... why would you even be getting rewards if the computational power is outsourced 100% (Not that I would be complaining though)?
Thanks for your help!
A remote server is most likely a vps. The provider will pay for the additional electricity used to do the harvesting for you. The price for harvesting is almost zero, so the provider doesn't care. So, to answer your question, yes you can harvest for free |
Nothing Else Matters
NEM: NALICE-LGU3IV-Y4DPJK-HYLSSV-YFFWYS-5QPLYE-ZDJJ
NXT: 11095639652683007953
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LemonAndFriesOne
Legendary
Offline
Activity: 1050
Merit: 1000
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July 05, 2016, 09:25:02 PM |
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So with all the devs in this project, who would be the one person I could contact to ask a question about a specific project previously mentioned for NEM?
I tried slack, but there's a lot of members and I don't know who would be best to answer the question.
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nzminer
Legendary
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Activity: 1918
Merit: 1001
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July 05, 2016, 10:34:29 PM |
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So with all the devs in this project, who would be the one person I could contact to ask a question about a specific project previously mentioned for NEM?
I tried slack, but there's a lot of members and I don't know who would be best to answer the question.
I think that BloodyRookie or Jabo38 should be able to point you in the right direction, you could even try messaging makoto, he has responded to me in the past. |
NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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LemonAndFriesOne
Legendary
Offline
Activity: 1050
Merit: 1000
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July 06, 2016, 03:29:41 AM |
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So with all the devs in this project, who would be the one person I could contact to ask a question about a specific project previously mentioned for NEM?
I tried slack, but there's a lot of members and I don't know who would be best to answer the question.
I think that BloodyRookie or Jabo38 should be able to point you in the right direction, you could even try messaging makoto, he has responded to me in the past. thank you I will try them |
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AliMan
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July 06, 2016, 03:32:02 AM |
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NEM has done some amazing jump in poloniex - if compared to price in January Has this now been the proof of competence ? Or how that one guy it presented A higher price is not the proof of competence, rather a confirmation. Because a higher price is the result of an increased demand for the cryptocurrency. But is the demand justified? We might be wrong. But the chance that everybody is wrong all the time is very small... About high prices : in Poloniex there is now three coins with +200 %. This may be a wrong forum to ask, but : is that only manipulation, someone wants to hype the coins without a good reason and then sell his whale meats? I've never heard of HZ, YACC or MYR and if I did, I wouldn't tell you ;-) Read: yes, wrong forum. YAC, one of the first Scrypt-N coins on the shelf, was as famous as doge, made a couple of BTC's mining it a while back, in its prime. |
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