Hi. I just have a question. I have my smartphone with me. Can I mine with this? (Xiaomi Mi Max) And will it be profitable or just plain stupidity? I don't want to ever destroy my device but I am really curious about it. I don't want my time wasted mining then I can't even have ROI. Thanks if anyone is answering this!
Mining is simulated so it won't hurt your device that much, also don't expect to earn more than a few cents every week.
The MTP will actually change the sport here, all of these lyra2z mining rates have gone up significantly for xzc and the chart is not trying to fit in any case. The right question is they will exchange algo during or they will sink before they happen. There are several dumpers in the market now, but this currency has been getting bigger for a long time.
I really hope it can change mining for the better, I used to be able to mine Zcoin when it was profitable and even with a CPU, but now this difficulty is very disproportional.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN] BITCOIN LE - NEW COIN - Ecological Bitcoin - PoW & Low Energy
Could someone explain what is this metronome I'm supposed to be running while mining and what is its purpose?
The metronome to my understanding is the link/beat to another coin. Right now that coin is btc. It is the key feature in the coinchain technology implemented in BLE that helps to reduce electricity and also builds stronger networks by interlocking coins. The metronome keeps the time so that when a block is found with btc it signals a block to be found with BLE. Once the block is found the rest window is implemented. That is a simplified explanation Im sure some more technical members can break it down a little more.
Thanks for the explanation, so in a way the metronome pretty much helps keep BLE mining synchronized with Bitcoin's network.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN] [VELD] - Veldspar - A new type of coin, trying to solve different problems
Hi. Can someone answer to one of my question. If i have 5 phones all mining ETN and ETN will reach 1$ or 1 i will have 150 ETN (150$ or 150) every month/1 phone and this will bypass limit 150/3 months, and if i will make KYC in one phone, do i need do KYC on the others phones or is enough putting my name on others accounts? Or how i should proceed? Do KYC on all phones with my details?
I guess it's pretty obvious that If you're using the same wallet then it's going to be the same limit for all phones combined.
Can you tell me please how many coins required for 1 masternode? And how much ROY from masternode per month? I want to calculate and understand how profitable this
If I remember correctly you need 1000 XZC and the current payout per block is 15 XZC, I think Zednode has a calculator.
Thank you. Oh, 1000 coins its almost 10k usd by current price... But how many coins per month from this 1000 XZC people receiving now? Where I can find this calculator?
Just google Zednode znode calculator, the ROI is actually not too bad considering the price is low right now but 10k USD as a minimum is a lot.
Can you tell me please how many coins required for 1 masternode? And how much ROY from masternode per month? I want to calculate and understand how profitable this
If I remember correctly you need 1000 XZC and the current payout per block is 15 XZC, I think Zednode has a calculator.
I think Kyc goes against some of the reasons why bitcoin and cryptocurrencies were created, if you have a small balance you can just do level 1 kyc and withdraw.
Nevertheless, it is the only way governments can make their impacts on crypto ecosystem. Local authorities don't want to stay outside without any action. I guess this is why KYC launched to control crypto ecosystem at somewhat extents.
I reckon you're right. It's unfortunate, but it's the price some cryptocurrencies have to pay to become massively adopted.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN] Zettelkasten - ZETTEL, coin with new hashalgo - CPU-mineable (for a while)
We are happy to announce the launch of Zcoin's smart asset layer, Exodus. Exodus facilitates the use of smart contracts, allows users to create custom currencies/assets and even decentralized exchange functions all without changing consensus rules.
Well done, Zcoin team. Eventually, the EXODUS protocol has been successfully implemented on the Zcoin's smart asset layer. Let the time demonstrates its capability and stability.
This is something I was not expecting but it was overdue I guess since so many coins already have smart contracts.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN] [ICO] Crypto Circle X - Most Advanced Crypto Exchange on the Blockchain
I'm sure there are plenty of its own advantages that exist in the project that is not owned in another project of his, and with its own advantages that can definitely make a lot of people supported the development of this project. success always for this project.
Can you disclose the most favorite advantages which you found on the Crypto Circle X project, please. I am readily to get your disclose on the potential and advantages of Circle X project.
By reading the OP and I really hope this is correct, it offers bots and automatic trading for its users.
I think Kyc goes against some of the reasons why bitcoin and cryptocurrencies were created, if you have a small balance you can just do level 1 kyc and withdraw.
IF every cryptocurrency should be as bitcoin than there is no need to have other cryptocurrencies at all. People that want to have a have a copy of bitcoin should just stay with Bitcoin, easy and simply as that.
I personally like different approaches by different crypto currencies. If someone isn't fine with KYC than indeed currencies like Monero and an exchange like tradeorgre are a better fit. And for people like me, that don't have problems with KYC and aim for a mass adoption currency are fine with ETN, again easy and simple as that.
I have to agree with this. While I won't do KYC before I am ready to cash out, a lot of people took this as really great news, feel more comfortable with it like everything is clean and in turn with regulations.
I just don't like how shady it was, it took everyone by surprise, I think it would've been better if they announced it before they started implementing it.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][ICO] ARBITRAGING: Crypto Profit Trading Platform | HOT ICO!
I logged into my web wallet and there are no coins it's empty with some message to give them government ID's and my balance is 0. Says they locked my wallet to upgrade to payment system or something. Whats' going on why are my coins not available?
I would not risk to give my identity or any identification documents just to create your own wallet. Stay away from ETN. Shady and risky.
I think Kyc goes against some of the reasons why bitcoin and cryptocurrencies were created, if you have a small balance you can just do level 1 kyc and withdraw.
Any idea when transactions will be enabled? Maybe it's too soon for this but it would be nice to at least have some otc trading available.
if in my opinion, it's better to be activated immediately so that many people have otc trading, sir. if it is too long, fear will be delayed and there will be many obstacles. of course it's very uncomfortable
There has been much re-work of the codebase, transactions have been completed but as of yet we have not made a release to production. So, there will be another release, along with the much planned re-boot of the blockchain and this will be within the next 2 weeks.
That's great! thanks for the update and for all the work you do on the project, it's hard to come by projects that are built from scratch these days.