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Showing 20 of 26 results by CryptoMike52
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Board Altcoin Discussion
Re: Would you use a paper wallet to store your CryptoCurrencies?
by
CryptoMike52
on 10/08/2020, 14:00:08 UTC
I appreciate all the dialog guys.  Definitely helps me understand the perspective on security.   Grin

I'd like to also understand how many people use or might use a paper wallet because they have limited access to computers or internet.  I know this question may be difficult to answer because we're using mobile and computers now and fairly widely prevalent.  In some countries I believe it must be more difficult.  If people want to participate in crypto they buy on exchanges or have others buys and send to paper wallet.  In my case I used a desktop wallet to term deposit to my paper wallet then shut that computer down.

Are there any studies out there that show access to computers and internet in other countries?  Am I off base?  I guess what I'm getting at is, if I'm correct in assuming access to computers and internet is limited in some areas, would that allow more crypto participation because of a paper wallet?  We know they would have to use a mobile or computer to buy crypto / process it, or be given it.  But maybe that's just something temporary they can use?
Post
Topic
Board Altcoin Discussion
Re: Would you use a paper wallet to store your CryptoCurrencies?
by
CryptoMike52
on 09/08/2020, 23:13:16 UTC
It's all of the above.  I'm hoping it can be a discussion.

I just want to know what people think about them.  Do they use paper wallets now?  I'll bet the majority of people do not.  I think they use wallets on mobile devices primarily or exchanges.  I could be wrong.
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Topic
Board Altcoin Discussion
Topic OP
Would you use a paper wallet to store your CryptoCurrencies?
by
CryptoMike52
on 09/08/2020, 20:30:53 UTC

Hi Crypto Community,

I thought I would ask the question about crypto paper wallets.  I've been invested in a project for a couple years called ROI coin.  You can look at it here: https://roi-coin.com/..  It is a triple hybrid coin - POS/POW/Term Deposits and has a unique feature that allows you to stake/mint coins earning up to 18% interest a year without a wallet running.  I figure that I will term deposit them to my paper wallet and keep them offline with no wallet running on a computer or other device anywhere.  Nobody can steal them. 

Security is of prime importance to not losing your crypto assets and I am looking for the utmost security.  Many exchanges have been hacked and coins stolen I want alternatives. Running multiple desktop wallets is not exciting either.   Enter the paper wallet.  If you are in control of your private key of your paper wallet you will be fine because they are not hack-able.  They are not prone to malware or key-logger attacks either.

The process of creating a paper wallet is to go to a wallet generator which will create a random public and private key.  You would then print that out and use accordingly.  For security, many generators allow you to download an HTML file to your local computer then generate the address which allows you to do the generation unconnected to the internet.  Obviously make sure to store it in a safe place when done.  The question is where do you store it, so it does not get stolen or damaged?



In many countries people have limited access to computers or internet so my thinking is paper wallets would be widely adopted however I do not know that is the case.  If you were able to generate coins (POS) 24hrs a day and automatically send them to your paper wallet would you do that?  Or if you mined coins (POW) would you direct them to your paper wallet.  I suppose that if you are mining with a computer you might have a desktop wallet.  But in either case nobody can steal the coins if they are in your paper wallet and if the public / private key has not been compromised.

Is there a fear factor of losing the paper wallet or it getting destroyed?  I recently came across some companies that create metal credit card style paper wallets such as Ballet Crypto. They use online/offline computers and laser etching across two different countries to manufacturer the card along with a wallet passphrase / app.  It's an interesting process.  Take a look here: https://www.balletcrypto.com/en/2FKG/ .  Do you think that is secure enough?



With so many mobile devices in the world I have several questions regarding the usage of paper wallets or why they are not used more.  So, for now we will end this article with a simple question of using a paper wallet.  My header image of the paper wallet came from: https://walletgenerator.net/


Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit
by
CryptoMike52
on 08/08/2020, 17:30:30 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit
by
CryptoMike52
on 27/07/2020, 23:55:21 UTC
Is there anyone found block recently?

We know people are.  Pool mining is a way to go for less powerful CPU's.  Check out our Discord.

Here's the block explorer link: https://roi-coin-blockexplorer.roi-coin.com/

Blocks are found pretty fast  Wink

My current mining stats:

 Hashrate: 2.87 KH/s
 Hashrate avg: 2.92 KH/s
 Workers: 5
 Future balance: 3073.2923
 Balance: 92.4712
 Paid: 62170.0443
 Shares: 3878.587
 Estimate coins/day: 5709.66

I'm using mining pool: https://stratum-eu.rplant.xyz/

be better if you list your hardware too....

I will do one then  Wink

DIFF: 48.8834   
HASHRATE (NOW/AVG): 1.11/1.12 KH/s (mining with 24 threads / no overclokking)

CPU: AMD Ryzen 9 3900X
PSU: be quiet! System Power 9 400W PSU / PC voeding
Housing: Cooler Master MasterBox NR400 Micro ATX
CPU water cooler: Cooler Master MasterLiquid Lite 240
RAM: 2x G.Skill DDR4 Aegis 8GB 3000MHz
Motherboard: Gigabyte GA-A320M-H
M.2 SSD: Kingston A2000 500GB
VGA: ASUS GeForce GT 710 GT710-SL-1GD5 (realy the cheapest GPU i could find)

System cost me €825 in total. This system earns me between 3000 - 3500 Roi per 24h. The payout depends on the network hasrate and difficulty.  

Nice work guys.  Keep the mining posting specs.  Good stuff.  Let's people know what they can expect.  Thanks!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit
by
CryptoMike52
on 26/07/2020, 23:54:42 UTC
What is the current price of ROI coin?

0.00000003 on Altmarkets.io.

Get it while it's cheap.
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Topic
Board Announcements (Altcoins)
Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit
by
CryptoMike52
on 26/07/2020, 22:03:13 UTC
Is there anyone found block recently?

We know people are.  Pool mining is a way to go for less powerful CPU's.  Check out our Discord.

Here's the block explorer link: https://roi-coin-blockexplorer.roi-coin.com/
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit
by
CryptoMike52
on 26/07/2020, 22:01:57 UTC
Gonna try it out for a bit and see if it is better then I will do on my 2 cpu.

Nice, let us know how it goes.  If you have not joined our Discord here's a link.  https://discord.gg/vhnUZ6s

Good luck.  Hope you get some good coins.
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Topic
Board Announcements (Altcoins)
Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit
by
CryptoMike52
on 26/07/2020, 19:14:13 UTC
Do you have any videos ?So I can learn more about ROI.

You bet we do.

Here's the YouTube link:
https://www.youtube.com/channel/UCclukUCxqxHk-nrUSj3MM5g/videos
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Topic
Board Announcements (Altcoins)
Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit
by
CryptoMike52
on 26/07/2020, 01:01:39 UTC
Want to know more about a paper wallet??  Limited internet or access to a computer then a paper wallet might be for you.

https://roi-coin.com/wp-content/uploads/2018/04/roi-coin-marketing-graphics-4.jpg
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Board Announcements (Altcoins)
Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit
by
CryptoMike52
on 26/07/2020, 00:47:35 UTC
How to make deposit? What deposit address should I use?

What deposit address?  Exchange, ROI wallet, paper wallet, or what?
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Topic
Board Announcements (Altcoins)
Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit
by
CryptoMike52
on 26/07/2020, 00:39:55 UTC
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Topic
Board Announcements (Altcoins)
Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit
by
CryptoMike52
on 26/07/2020, 00:33:35 UTC
How can I get block easily?

Not sure what you mean?  Pool mining is easiest to get coin.
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Topic
Board Announcements (Altcoins)
Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit
by
CryptoMike52
on 24/07/2020, 13:54:07 UTC
Is it profitable to mine with my cpu?

It depends on what your definition is and your CPU is.  You can pool mine and easily get coins or you can solo mine if you have a powerful processor.  If your intent is to mine and sell then you will have to give me more specifics.  If you want to mine and stake and earn up to 18% interest then that's a totally different story. 

Come check out our Discord and ask other users.  See what they think.  Here is link: https://discord.gg/vhnUZ6s
I'll even start you off with 100 coins when you join Discord.  Then you can start staking/minting too.

Some other members here int BTCTalk may also have some ideas.

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Topic
Board Announcements (Altcoins)
Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit
by
CryptoMike52
on 23/07/2020, 22:25:48 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit
by
CryptoMike52
on 23/07/2020, 00:45:52 UTC
I would really love to mine the coin but I don't have strong CPU.Can I know what the minimum CPUs requirement to start Mining?
I have tested this running on an Asrock Beebox mini running Windows 10 x64, hash rate is terrible (4-5h/s) but it does work.
Download the wallet from the downloads link at roi-coin.com, also download the 1 click GUI miner from the Pool Mining page at roi-coin.com. Install your wallet, get an address then run the ROI miner file from 1 click GUI miner file, enter your address and you start mining, its a very quick and simple coin to get into!

For reference my i7 4790 gets between 330 and 430h/s, a much older core 2 duo gets between 40 and 70h/s.
Haven't tried any on a Mac or Linux OS.
I have core i 5.Can I start mining?

Let me know your processor speed and I'll check in our Discord to see if anybody has let us know their hash rate.  If you pool mine you will get coins.  Come on over.
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Topic
Board Announcements (Altcoins)
Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit
by
CryptoMike52
on 23/07/2020, 00:34:12 UTC
This Project sounds interesting! Good luck! I'll give it a try today evening.

Ok awesome!  If you need any help check our Discord.  Here is link: https://discord.gg/vhnUZ6s
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Topic
Board Announcements (Altcoins)
Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit
by
CryptoMike52
on 23/07/2020, 00:26:06 UTC
I would like to know more about your project.Do you have whitepaper?

Sure.  https://roi-coin.com/roi-coin-white-paper/

Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit
by
CryptoMike52
on 22/07/2020, 00:41:46 UTC
As a new comer in mining.I want to know how it's work.DO you have telegram So I can join and know more about your project.

You will like this project.  We don't have Telegram.   We have Discord.  Here is link: https://discord.gg/vhnUZ6s

Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit
by
CryptoMike52
on 18/07/2020, 16:36:15 UTC