BTCD is no more

[bitkokos]

I would like a little help mining btcd in bitcoindark.net multipool.
I have one small SHA256 miner and one 1.3mh/s scrypt miner pointed there.
Now I want to use a GPU to mine with X11 algo.
I have never mined anything else other than SHA256 and Scrypt so I need some help with X11.

First I know I must get sgminer.

What do I have to use for BTCD mining?
https://bitcointalk.org/index.php?topic=475795.0;all

If I want to mine BTCD in multipool with scrypt on a GPU I can write
cgminer --scrypt  -o stratum+tcp://stratum.nicehash.com:3333 -u BTCAddresshere -p x -I 15 -g 2 -w 128 --thread-concurrency 3048

how about sgminer?
Also, do I need any special version of sgminer or I can just use the latest?

thanks

you can download latest miner here
https://nicehash.com/software/

algo for x11 mining is x11mod

what kind of gpu you own

an R9-280X by gigabyte

What do I have to put in the red part?

[IceColdTommy]

I would like a little help mining btcd in bitcoindark.net multipool.
I have one small SHA256 miner and one 1.3mh/s scrypt miner pointed there.
Now I want to use a GPU to mine with X11 algo.
I have never mined anything else other than SHA256 and Scrypt so I need some help with X11.

First I know I must get sgminer.

What do I have to use for BTCD mining?
https://bitcointalk.org/index.php?topic=475795.0;all

If I want to mine BTCD in multipool with scrypt on a GPU I can write
cgminer --scrypt  -o stratum+tcp://stratum.nicehash.com:3333 -u BTCAddresshere -p x -I 15 -g 2 -w 128 --thread-concurrency 3048

how about sgminer?
Also, do I need any special version of sgminer or I can just use the latest?

thanks

you can download latest miner here
https://nicehash.com/software/

algo for x11 mining is x11mod

what kind of gpu you own

an R9-280X by gigabyte

What do I have to put in the red part?

either darkcoin or x11mod depends which kernel files you have

[bitkokos]

I would like a little help mining btcd in bitcoindark.net multipool.
I have one small SHA256 miner and one 1.3mh/s scrypt miner pointed there.
Now I want to use a GPU to mine with X11 algo.
I have never mined anything else other than SHA256 and Scrypt so I need some help with X11.

First I know I must get sgminer.

What do I have to use for BTCD mining?
https://bitcointalk.org/index.php?topic=475795.0;all

If I want to mine BTCD in multipool with scrypt on a GPU I can write
cgminer --scrypt  -o stratum+tcp://stratum.nicehash.com:3333 -u BTCAddresshere -p x -I 15 -g 2 -w 128 --thread-concurrency 3048

how about sgminer?
Also, do I need any special version of sgminer or I can just use the latest?

thanks

you can download latest miner here
https://nicehash.com/software/

algo for x11 mining is x11mod

what kind of gpu you own

an R9-280X by gigabyte

What do I have to put in the red part?

either darkcoin or x11mod depends which kernel files you have

I have this in sgminer
sgminer -k x11mod  -o stratum+tcp://stratum.nicehash.com:3336 -u btcaddress here - p x I 18

sgminer shows like it's hashing at 3mh/s but it submits nothing.
nicehash shows 0mh for this worker

I have tried -k darkcoin instead of -k x11mod but same thing happens with lower hashrate.
PS I am on windows 7

[IceColdTommy]

I would like a little help mining btcd in bitcoindark.net multipool.
I have one small SHA256 miner and one 1.3mh/s scrypt miner pointed there.
Now I want to use a GPU to mine with X11 algo.
I have never mined anything else other than SHA256 and Scrypt so I need some help with X11.

First I know I must get sgminer.

What do I have to use for BTCD mining?
https://bitcointalk.org/index.php?topic=475795.0;all

If I want to mine BTCD in multipool with scrypt on a GPU I can write
cgminer --scrypt  -o stratum+tcp://stratum.nicehash.com:3333 -u BTCAddresshere -p x -I 15 -g 2 -w 128 --thread-concurrency 3048

how about sgminer?
Also, do I need any special version of sgminer or I can just use the latest?

thanks

you can download latest miner here
https://nicehash.com/software/

algo for x11 mining is x11mod

what kind of gpu you own

an R9-280X by gigabyte

What do I have to put in the red part?

either darkcoin or x11mod depends which kernel files you have

I have this in sgminer
sgminer -k x11mod  -o stratum+tcp://stratum.nicehash.com:3336 -u btcaddress here - p x I 18

sgminer shows like it's hashing at 3mh/s but it submits nothing.
nicehash shows 0mh for this worker

I have tried -k darkcoin instead of -k x11mod but same thing happens with lower hashrate.
PS I am on windows 7

are you getting any hardware errors?

[bitkokos]

at the beginning I put a wrong port. 3333 instead of 3336.
I saw I had to wait for a few minutes after starting sgminer.

now it's hashing and submitting shares at 3mh. I think It can go to 4mh/s somehow

[IceColdTommy]

at the beginning I put a wrong port. 3333 instead of 3336.
I saw I had to wait for a few minutes after starting sgminer.

now it's hashing and submitting shares at 3mh. I think It can go to 4mh/s somehow

i am currently of my pc but as soon as i get back i can send you a conf file so you can improve hashrate

[bitkokos]

at the beginning I put a wrong port. 3333 instead of 3336.
I saw I had to wait for a few minutes after starting sgminer.

now it's hashing and submitting shares at 3mh. I think It can go to 4mh/s somehow

i am currently of my pc but as soon as i get back i can send you a conf file so you can improve hashrate

For the moment I am trying X11 for testing purposes.
Electricity is too expensive here so I will only mine for a few hours to see how is the total profitability over scrypt.
Wattage dropped from 410watts (Scrypt) to 265 (x11)

[IceColdTommy]

at the beginning I put a wrong port. 3333 instead of 3336.
I saw I had to wait for a few minutes after starting sgminer.

now it's hashing and submitting shares at 3mh. I think It can go to 4mh/s somehow

i am currently of my pc but as soon as i get back i can send you a conf file so you can improve hashrate

For the moment I am trying X11 for testing purposes.
Electricity is too expensive here so I will only mine for a few hours to see how is the total profitability over scrypt.
Wattage dropped from 410watts (Scrypt) to 265 (x11)

x11 uses less power than scrypt and as for profitability curently scrypt is 0.3580 BTC/GH/Day and x11 0.1842 BTC/GH/Day

[bitkokos]

at the beginning I put a wrong port. 3333 instead of 3336.
I saw I had to wait for a few minutes after starting sgminer.

now it's hashing and submitting shares at 3mh. I think It can go to 4mh/s somehow

i am currently of my pc but as soon as i get back i can send you a conf file so you can improve hashrate

For the moment I am trying X11 for testing purposes.
Electricity is too expensive here so I will only mine for a few hours to see how is the total profitability over scrypt.
Wattage dropped from 410watts (Scrypt) to 265 (x11)

x11 uses less power than scrypt and as for profitability curently scrypt is 0.3580 BTC/GH/Day and x11 0.1842 BTC/GH/Day

Yes, so I better stay with 1.3mh/s scrypt at 45watts and SHA256 9.5gh at 30 watts ^_^

[IceColdTommy]

at the beginning I put a wrong port. 3333 instead of 3336.
I saw I had to wait for a few minutes after starting sgminer.

now it's hashing and submitting shares at 3mh. I think It can go to 4mh/s somehow

i am currently of my pc but as soon as i get back i can send you a conf file so you can improve hashrate

For the moment I am trying X11 for testing purposes.
Electricity is too expensive here so I will only mine for a few hours to see how is the total profitability over scrypt.
Wattage dropped from 410watts (Scrypt) to 265 (x11)

x11 uses less power than scrypt and as for profitability curently scrypt is 0.3580 BTC/GH/Day and x11 0.1842 BTC/GH/Day

Yes, so I better stay with 1.3mh/s scrypt at 45watts and SHA256 9.5gh at 30 watts ^_^

you could do x15 with your gpu currently is most profitable for the multipool, or you can always the multialgo

[bitkokos]

at the beginning I put a wrong port. 3333 instead of 3336.
I saw I had to wait for a few minutes after starting sgminer.

now it's hashing and submitting shares at 3mh. I think It can go to 4mh/s somehow

i am currently of my pc but as soon as i get back i can send you a conf file so you can improve hashrate

For the moment I am trying X11 for testing purposes.
Electricity is too expensive here so I will only mine for a few hours to see how is the total profitability over scrypt.
Wattage dropped from 410watts (Scrypt) to 265 (x11)

x11 uses less power than scrypt and as for profitability curently scrypt is 0.3580 BTC/GH/Day and x11 0.1842 BTC/GH/Day

OK I will give that a try too.

Same sgminer and settings, just different port ?
Yes, so I better stay with 1.3mh/s scrypt at 45watts and SHA256 9.5gh at 30 watts ^_^

you could do x15 with your gpu currently is most profitable for the multipool, or you can always the multialgo

so, I just have to change port to 3339 and -k x11mod into something else in sgminer?
EDIT: I have changed port to 3339 and -k x15mod. it's hashing at 2.2mh/s

[Starfleet.Intelligence]

I can help with transcription of the darkpaper into LaTeX format if wanted. That would make the paper look somehow scientific...
Also I can do some of the designs in a vector graphics format if wanted.

Just PM me some of the devs if that help is appreciated.

Yes!
Soon I hope we will get some fancy math formulas and will definitely need something like this to display it right.
Anything to make it better will be great

I also have Chinese translation underway. Maybe we should also translate to some other major languages?

James

Yeah just let me know when time has come, Im waiting in the wings. Not sure if I could get the chinese transition on its way though. Maybe there would be some external help needed...

Im not very active in posting, but I read most of the topic here. For me this whole BTCD story is more interesting for me than a thriller. I admire your work devs!

[IceColdTommy]

at the beginning I put a wrong port. 3333 instead of 3336.
I saw I had to wait for a few minutes after starting sgminer.

now it's hashing and submitting shares at 3mh. I think It can go to 4mh/s somehow

i am currently of my pc but as soon as i get back i can send you a conf file so you can improve hashrate

For the moment I am trying X11 for testing purposes.
Electricity is too expensive here so I will only mine for a few hours to see how is the total profitability over scrypt.
Wattage dropped from 410watts (Scrypt) to 265 (x11)

x11 uses less power than scrypt and as for profitability curently scrypt is 0.3580 BTC/GH/Day and x11 0.1842 BTC/GH/Day

OK I will give that a try too.

Same sgminer and settings, just different port ?
Yes, so I better stay with 1.3mh/s scrypt at 45watts and SHA256 9.5gh at 30 watts ^_^

you could do x15 with your gpu currently is most profitable for the multipool, or you can always the multialgo

so, I just have to change port to 3339 and -k x11mod into something else in sgminer?
EDIT: I have changed port to 3339 and -k x15mod. it's hashing at 2.2mh/s

great, most profitable algo changes few times during the day i will add a section on page to state wich algo is most profitable that moment soon

[From Above]

i am curious is the jl777 a guy or gal?

~CfA~

[jeezy]

i am curious is the jl777 a guy or gal?

~CfA~

Since his name is "James" I'm pretty sure he is a guy. 

[crackfoo]

xpool works?

Yes btcd.xpool.ca does. I posted a msg a page or two back.

Cheers!

If you are looking for updates and info about my BitcoinDark Multipool, you'll need to visit my pool's BCT thread as the mods will treat anymore posts here as SPAM.

My thread is:

https://bitcointalk.org/index.php?topic=650952.0

Cheers!

[From Above]

i am curious is the jl777 a guy or gal?

~CfA~

Since his name is "James" I'm pretty sure he is a guy. 

thanks my friend !

~CfA~

[PilotofBTC]

I dont want to take any chances with peoples BTC deposits. Will you guarantee that bitcoind will NEVER go on a fork for more than 3 blocks? I have seen quite a few things that should never happen, yet does.

Didnt Mtgox go under because they only required 1 confirm?
3 is the bare minimum and it is set to 4 now, but with the difference in NXT blocktimes, sometimes it adds another block.

Not sure why it goes to 6 blocks sometimes, maybe a long NXT block and a couple fast BTC blocks?

No, MtGox went under either because Karples stole the bitcoin and claimed he was hacked. Or, they actually were hacked. I don't recall reading anywhere that it was due to double spend issues.

That said, I can't guarantee anything. But, if the mgw and AE is supposed to compete with exchanges.... Has there ever been a BTC fork the invalidated a spend with 3 confirms?

Anyway, my spend to the mgw was at 9 confirms and over an hour and still I hadn't been sent the assets.

[jl777]

The only concern I have about BTCD is the 5% staking inflation. Short term, that doesn't matter much, but long term it seems high and will put a constant downward pressure on prices. Why was 5% chosen? 2% sounds a much better figure to me.

I wasnt around when this was decided, but
The actual figure is closer to 4%, so it is about 100 coins per day, even with compounding it will take decades to get to 10 million coins, I think around 60 years to reach the max

so for practical purposes, since the base is so small, 1.2 mil, the number of coins over the critical next three years is 1.2 to 1.3 million
I think this rate of inflation is less than bitcoin is now after 5+ years, with a few more years before the inflation is about the same

One of the cool thinks about BTCD is that the staking actually provides meaningful income. While at current prices the staking income wont be that much, as the value of BTCD rises, the staking could provide a permanent funding for anybody who was smart enough to buy a big enough stake.

James

P.S. Longer term, we will need all the BTCD the staking will create if only to compensate for BTCD in cold storage telepods

Without coin inflation, more BTCD in cold storage telepods means more scarcity and higher prices. I don't see a problem with that .

Is there a maximum number of coins hardcoded?

One of the things people love about bitcoin is the fixed supply. There will only ever be 21million. The more extra coins being added, the harder a coin has to hold its value (see Dogecoin, Mintcoin). From this point of view, 5% in perpetuity seems large. I'm thinking longterm here, as in 5, 10, 100 years down the line. Things can't be changed when a coin has matured, but perhaps it can now at this early stage. (If it can't then there's no much point in this discussion; if it can then maybe a poll?)

I'm imagining a world with BTCD as the main world currency. At 5% a year, the price of BTCD will continually go down. At 5% a year, it'll often be better for investors to hold their money rather than spend it, killing investment. 2%, though, is considered the best case inflation for modern economies. 2% will allow BTCD to be staked/saved for a reasonable return, but will also encourage spending/investment.

I realize that hardly anyone is thinking that far ahead, but the better thought out a coin is, the better its chance of success. Some economists dismiss bitcoin because of longterm deflation and could favor a 2% inflation coin. I know from an altcoin investment point of view, I'm more interested in coins with less inflation--I think some people could dismiss a 5% inflation coin out of hand just from that one fact.

Edit: used the 5% figure rather than 4% because that's what it says in the OP. Is the % fixed or does it vary based on how many people are staking?

The number of BTCD will eventually be the same as the number of BTC, at least within a few percentage points. I am not sure of the exact number but 21 to 22 million total.

I am no economist and I like the "higher than optimal" 5%, as it means 2.5% more revenue for me

James

[Azeh]

Donation Update!

We're now asking the community to help raise funds for development purposes.  We currently have a lot in the pipeline, and we have need to fund Core Development, Website Development, Promotion and Marketing, etc.

All donations will be pooled into one large fund with which the dev team will then use on a need to need basis.  The process will be transparent and all funds being paid out will be listed on the new website.  

Our short term goal is to raise 5000 BTCD.  We hope the BitcoinDark community can provide the support we need to make BTCD one of the top coins around!

James (jl777) will match all BTCD raised for donations with an equal market value of NXTprivacy

Please support BitcoinDark development by providing a donation to the following address:

RDtnnLj5LQ8YMxBJbHX1N4jNKeaC67FLGW

Current Total: 464.3495