Now I can log in but when trying to mine AEON, INF8, or XDN nothing updates saying that I'm getting any unconfirmed balance it just all stays at 0, DSH is working though
I wrote PM to nopedope89 and also I've send an request to the support. They answered that all the accounts of the Minergate at the forum are banned for 2 weeks for supporting their own thread.
So the guys will be absent at the forum for two weeks but you can leave questions and requests on problems here https://minergate.com/support. They reply quickly.
no blockchain.bin, but I backed up and removed all files in that folder and tried again. 110MB blocks.dat now re-created and 103kb blockindexes.dat.
Wallet now sync'd
Cheers
You're right, all the files contain blockchain. You need to close the daemon, delete them and then run the daemon once again. I've corrected the messages so that people could use my advice.
Please write here so I make sure the issue is sorted out.
I started solo mining INF8 last night - Win 7 64bit Phenom using 4 of my 6 cores, with infiniumd.exe and simplewallet.exe as described. In about 18 hours, the infiniumd window shows 11 blocks found, but simplewallet says zero for both "balance" and "unlocked balance"
Is there any way I can check what has happened to the blocks found - surely, I should see some credits going to the address generated by simplewallet.exe, which is "inf8eXn6kxm2Rv92EGyjNmPDMWwTczPHdQjuaeah5QRu5kDiWC6a7KTADRnoifiMB1fmnHUqiqAUWepAJZTtotBQ57TwGsrfX1" ?
By the way - it's an awfully long address, so be sure I copied and pasted it from the infinium.address.txt file in the folder, so I'm pretty sure no typo is involved!
Many thanks - looks like a great coin, if I ever see any!!!
Blocks found, and blocks that YOU found are different things. If you found them they would show up in your simplewallet.exe. Just type refresh.
Ahhh !!!! Just typed "refresh" in simplewallet; now it's showing a balance of 226 I didn't realize that the wallet didn't automatically update itself... Maybe that little fact should be included somewhere in the instructions to cater for idiots like me.
Thank you, MinerMario !
I congratulate you! Also I'll try to make the automatic update feature.
Infinium-8 just released is the first cryptonote to have inflation but no other features
They have chosen an interesting inflation peramater Block_reward = log2(difficulty) * 2^40
Essentially the block reward increases linearally with difficulty. The inflation on this coin will still effectivally go to zero but not nearly as fast as those with only a fixed block reward like dogecoin.
log2 (2^x) = x
log10(10^x) = x
log2(10^x) = x / log10(2)
Thus we see that exponential growth (K^x) is converted to linear growth using a log of any base, not just logK. The base K is only a constant factor (as shown by the / log10(2)).
So they convert an assumed exponential growth in hashrate to a linear growth in nominal debasement rate.
Edit: they are increasing the nominal debasement rate, not decreasing it as most coins do. If the hashrate growth eventually slows, then the percentage rate of debasement must decline asymptotically towards 0,
This statement probably false since the power of computers is growing constantly - Infinium8
but early on the curve is much less favorable to early adopters and thus more fair and theoretically better for the network effects.
Edit#2: it rewards adding more hashrate to the system which is good for security. But a doubling of the hashrate at much higher nominal levels has a much less increase on nominal debasement, e.g. log(4) / log(2) = 2 and log(16) / log(8 ) = 1⅓.