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Showing 9 of 9 results by Steven363
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Topic
Board Mining (Altcoins)
Re: TT-Miner 3.2.0: Win & Linux ProgPoW, MTP, EAGLESONG, EPIC, ETHASH, Blake2S
by
Steven363
on 15/12/2019, 08:57:27 UTC
Quote

We have over 300,000 machines, please reply as soon as possible!!!

I don't doubt the urgency of the matter. However 300,000 computers is a bit over the top number.

Are you telling me that you about 1/4th of the Ethereum network (300,000 x 5 GPUs on average x 50 Mh/s each = 75 GH/s), and don't know basic shell commands in regards to cuda deployment? Something does not fit.

As for Cuda installation, simply follow nVidia's guide and generally it works to most Debian derived distros that I have tried.
Post
Topic
Board Announcements (Altcoins)
Re: 🔥[ANN] [BLOC] BLOC.MONEY - Exclusive, Fast, Anonymous, Egalitarian, Anti ASIC
by
Steven363
on 14/12/2018, 10:28:52 UTC
Spreading the hashrate to help the decentralisation

https://cdn-images-1.medium.com/max/800/1*lnWhDGudTSQvTMyKeTeyGg.png

What’s new ?

Since we are in a decentralised system with cryptocurrency and we do not like to support the actual corrupted system by gouvernments why should we agree to let a mining pool running 80% of the hashrate of BLOC.

Please check this link: https://miningpoolstats.stream/bloc-money

We MUST spread the hashrate NOW.

This is very bad and not safe for many reason. We are working to release new tool to increase the miners. We will post more details soon.

Meanwhile trading on Trade Ogre has been disabled until the hashrate become decentrazlied so it is safe for everyone.

This important news

in BLOC we trust > https://bloc.money


I never understood this about PoW projects.

First of those are bots, so while blocking tradeogre is cute, it probably won't work because merge mining your coin is still better than anything else out there.

Secondly and most importantly you won't stop centralization on good will. You have to give people disincentives against centralization. That particular pool merge mines, nobody would deny the sweet sweet profits of merge mining just because you don't like them doing it. I can solo mine so that to help you however I'm just one guy. To actually solve the issue you have to incentivize solo miners.

Solo miners are plagued by "bad luck" you have to do something about it. One idea is to use a variable reward system that gives a fee to those that solo mine (or small pools) which you take from large pools (you take from them in the form of fee incurred).

So that giant pools, which is 80% of the hashrate should only get 70% of the rewards (say) and a small guy should be able to get 130% of the rewards ....

There is certainly a math formula that balances all out: The closer one is to the median hashrate of the network the closer he'll get a full reward, if you are below you get more, if you are above you get less. At the end of the day the inflation rate is balanced out between those that mine w bad luck and those that mine w better luck (large pools).

Just do it!

We're in the midst of an intense bear market. Develop! So that you can be different than your competition, be better and survive it.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For Highly-Confidential Transactions 🔏
by
Steven363
on 02/06/2018, 02:58:36 UTC
If they change to ASIC and bitmain can use their recently launched cryptonight ASIC to secure the network, i guess its not a bad idea at all.
PS: I dont hold any SUMO.

It's a very smart decision and signs of vision for future and good management decisions. Of course you'll upset all the hobbyist GPU miners but they have plenty of other coins to work at. We'll tell in a couple of years if ASICs were a bad thing for crypto networks ...
I like using the coin for transactiins so I want all the best for it. If experts think that using ASICs is the best option, that's good for me. As a hobbyist miner I don't have a clue about what is better, GPUs or ASICs.

It's not hashrate that secures a network it's decentalization.

If the hashrate is sky high yet controlled by one entity it's easy to 51% attack that network. If instead you have low hashrate but in disparate places it will be hard to attack it, esepcially if high hashrate devices cannot mine.

The monero network for example has 1/3rd of its peak hashrate yet is much more secured. No one entity is controlling its hashrate (like before) and there is not enough rented power to mount an attack to it.

The only way to attack the monero network for relatively cheap is to be the owner of one of its biggest pools and then *add* several million worth of equipment to your pool and then attack it. It's almost impossible.

By comparison all you need to attack bitcoin (for example) is to brick most of its miners via this method or similar: https://www.antbleed.com and proceed to attack.

Asic miners is the gaping hole in blockchains' security. Unless bitcoin becomes asic resistant it will never be secure from a technical standpoint. It is only secure from a game theoretical stand point... for the rime being.

Sumokoin just killed itself.
Post
Topic
Board Exchanges
Re: Mistertango.com - Lithuania - IBAN bank account EUR - Bitcoin friendly
by
Steven363
on 19/04/2018, 20:57:18 UTC
Guys, 0.0025 BTC might sound like an extortionate fee for some here but stop and think for a moment. This is a financial company aiming to make gainful revenue. They have salaries to pay, operating costs to settle, books to balance and other behind the scenes expenses. Frankly the free IBAN account with a free linked MasterCard is a blessing for many crypto users here (compared to WageCan’s $200+ card!).

It’s probably not advisable to deposit small bitcoin amounts if this fee bothers you but are there that many options to choose from? I can’t think of other card issuers which load cards instantly and automatically after just 1 confirmation. None in fact, apart from Mistertango.

They were supposed to add ADK support (low fees), but they never did.
Post
Topic
Board Service Announcements
Re: [ANN] Mistertango - Bitcoin friendly European Bank Account + free MasterCard
by
Steven363
on 17/04/2018, 22:43:49 UTC
So ADK support is not coming any time soon? (it was signed last October, but still only BTC deposits are accepted)
Post
Topic
Board Exchanges
Re: 2017 Bitcoin Debit Card Reviews
by
Steven363
on 26/01/2018, 04:55:55 UTC
Advcash is dead as well. Now wavecrest don't even serve mastercard cards.

I assume all mastercard wavecrest? This means like 99% of bitcoin debit card services should be dead.

I don't think any MasterCard is using Wavecrest. Only AdvCash did and they went down. It was expected after the shut down of their visa program as well. Either there is a crackdown again crypto-supporting pre-paid cards or (most possibly) Wavecrest was not compliant with EU rules and she went down.
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] FoldingCoin - MINE FOR MEDICINE- PHASE 2.0
by
Steven363
on 09/10/2017, 20:57:51 UTC
Can someone suggest a website where I can track folding coin's difficulty. Using curecoin's PPD as suggested here https://curecoin.net/merged-folding-profit-calculator/ is 25% off.
Since early last month I've turned all my cards into merged folding, I've mined ~3500 cure coins.

According to the above link I should get about ~115000 folding coins, yet -today- I only got 93000, that's quite a difference. And with the recent fall in folding coin's price I'm barely above energy costs.

So it's of absolute importance to be able to know the *exact* difficulty of folding coins. At this point I calculate it's 20-30% above cure coin's . Either that or distribution is not accurate...

Anyone can fill me in in this?
There is no "exact difficulty"; each user's contribution gets a fair share (and it fluctuates daily).
The best you can go by is what the divisional amount was yesterday.

Code:
http://foldingcoin.xyz/?token=FLDC&total=250000&start=YESTERDAY&end=TODAY
Example:
http://foldingcoin.xyz/?token=FLDC&total=250000&start=2017-10-06&end=2017-10-07

And the "difficulty" is the resulting:
Quote
Total New Credits
Example:
Quote
Total New Credits: 1191523742


Not all those that fold for FLDC are members of the CureCoin team (which is the only way to get CureCoin for folding), which is why there is a difference (you can be on any team and still receive FLDC).



That's quite interesting (what you wrote), I ran this.

http://foldingcoin.xyz/?token=FLDC&total=250000&start=2017-08-24&end=2017-10-07


It tells me that I should be getting around 2,700 coins per day for 44 days I made out half a billion credits in F@H in the meanwhile.

That is in total ~120,000 foldingcoings . Seeing as I only got 93,000, that's quite a difference (23% down) ... Any takes why that may be?


edit: Now that I think about it the distribution happened for whatever credits I had up until October 1st (instead of October 7th). It makes perfect sense that way, because indeed in the meanwhile I had produced around 20,000 more foldingcoins (which are not yet credited because they will be credited next month). Is that correct?



How much did you fold this month to get 93K coins?

~Half a bil credits but got rewarded for less as the reward only included credits that I've made up until October 1st
Still my rigs is a mix of good and old gpu power (that I prefered to have it folding in idle times) so my "winnings" barely cover the electricity costs, especially given that FLDC is almost half price to where it was at late August (when I started renting my gpu power).
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] FoldingCoin - MINE FOR MEDICINE- PHASE 2.0
by
Steven363
on 08/10/2017, 08:04:14 UTC
Can someone suggest a website where I can track folding coin's difficulty. Using curecoin's PPD as suggested here https://curecoin.net/merged-folding-profit-calculator/ is 25% off.
Since early last month I've turned all my cards into merged folding, I've mined ~3500 cure coins.

According to the above link I should get about ~115000 folding coins, yet -today- I only got 93000, that's quite a difference. And with the recent fall in folding coin's price I'm barely above energy costs.

So it's of absolute importance to be able to know the *exact* difficulty of folding coins. At this point I calculate it's 20-30% above cure coin's . Either that or distribution is not accurate...

Anyone can fill me in in this?
There is no "exact difficulty"; each user's contribution gets a fair share (and it fluctuates daily).
The best you can go by is what the divisional amount was yesterday.

Code:
http://foldingcoin.xyz/?token=FLDC&total=250000&start=YESTERDAY&end=TODAY
Example:
http://foldingcoin.xyz/?token=FLDC&total=250000&start=2017-10-06&end=2017-10-07

And the "difficulty" is the resulting:
Quote
Total New Credits
Example:
Quote
Total New Credits: 1191523742


Not all those that fold for FLDC are members of the CureCoin team (which is the only way to get CureCoin for folding), which is why there is a difference (you can be on any team and still receive FLDC).



That's quite interesting (what you wrote), I ran this.

http://foldingcoin.xyz/?token=FLDC&total=250000&start=2017-08-24&end=2017-10-07


It tells me that I should be getting around 2,700 coins per day for 44 days I made out half a billion credits in F@H in the meanwhile.

That is in total ~120,000 foldingcoings . Seeing as I only got 93,000, that's quite a difference (23% down) ... Any takes why that may be?


edit: Now that I think about it the distribution happened for whatever credits I had up until October 1st (instead of October 7th). It makes perfect sense that way, because indeed in the meanwhile I had produced around 20,000 more foldingcoins (which are not yet credited because they will be credited next month). Is that correct?

Post
Topic
Board Tokens (Altcoins)
Re: [ANN] FoldingCoin - MINE FOR MEDICINE- PHASE 2.0
by
Steven363
on 07/10/2017, 16:48:58 UTC
Can someone suggest a website where I can track folding coin's difficulty. Using curecoin's PPD as suggested here https://curecoin.net/merged-folding-profit-calculator/ is 25% off.
Since early last month I've turned all my cards into merged folding, I've mined ~3500 cure coins.

According to the above link I should get about ~115000 folding coins, yet -today- I only got 93000, that's quite a difference. And with the recent fall in folding coin's price I'm barely above energy costs.

So it's of absolute importance to be able to know the *exact* difficulty of folding coins. At this point I calculate it's 20-30% above cure coin's . Either that or distribution is not accurate...

Anyone can fill me in in this?