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Topic: [ANN] Binary-Chain - VeriCoin and Verium - The First Dual-Blockchain Protocol - page 20. (Read 47846 times)

newbie
Activity: 61
Merit: 0
Hello, during installation of the program I faced the problem.
"An error ocurred. The bootstrap file could not be found. Please try to download it again."
Downloading again does not help  Huh


newbie
Activity: 50
Merit: 0
from 7$ a coin to 18$ a coin in less than an hour today. I wonder what made it jump so high and so fast. I remember it was 2$ a coin a couple of months ago. Now switched to other CPU coins after difficulty increased drastically.
jr. member
Activity: 98
Merit: 1
this project needs an FAQ! i have some unanswered questions, particularly how will the relative pricing between VRC & VRM be determined when the binary chain is active? will there be some fee when converting between VRC & VRM? how exactly will the conversion be handled, e.g. will there be some nodes that act as an exchange service? will the conversion change the money supply of VRC & VRM (because my impression is over time people will want to convert their VRC to VRM because VRM will naturally go up in price).

and a somewhat unrelated question: is there other coin that work like this (binary) but connect to an existing coin, for example to bitcoin (which is PoW and will act as the digital gold) and this new coin will use PoS/PoST and also be convertible to bitcoin without 3rd party exchange.
jr. member
Activity: 98
Merit: 1
two coins make things a bit confusing Smiley one forum, one slack, but two twitters, ...
newbie
Activity: 16
Merit: 0
Some people are still suggesting to solo mine with the VRM wallet vault, which is pretty easy right? Just install the wallet and click start
mining and then your good to go?

Obviously its going to eat up a huge % of my cpu so i shouldnt expect to do anything else with the computer after starting mining?

Lastly what everyones experience been with i5 series cpu's? Is it even worth it?

That's right, the vault will be the easiest way to get into mining. The UI will return an estimated number of days before you get a block.

On my i7 I have a chance of getting a block about once a month. But you could get lucky and get one sooner. If you want more constant returns, check out the various mining pools (https://www.reddit.com/r/vericoin - mining pools on right panel), you'll usually get a small bit of verium every day.

The vault allows you to choose how many cpus to mine with, so you can just set aside one core or more, depending on your workload. There is a google doc link a few posts above with various cpus to compare against.

Have fun!
newbie
Activity: 16
Merit: 0
Does someone know how to setup an Odroid XU4 to mine Verium in a Pool?
thx

I would suggest joining the vericoin/verium slack channel http://slack.vericoin.info/

There is an odroid image that works perfectly with the xu4.

Also, do read https://steemit.com/verium/@birty/cpu-mining-is-back-a-complete-how-to-guide-and-profit-analysis-for-verium-mining-on-a-farm-of-single-board-computers-part-2b

Finally, here's a link to fireworm's version of the miner (use this) https://github.com/fireworm71/veriumMiner/blob/main/README.md
member
Activity: 68
Merit: 10
I find it bizarre the fluctuation between VRC and VRM. I've seen large swings on VRC but relatively small movements on VRM. VRM is set up to be the gold standard and facilitate basically the secure area of the network. I'm surprised it hasn't matched the movement of the other currency especially it's appreciation given the substantially lower quantity of available coins.

I'm used to stock sectors and related companies so I definitely see a disconnect here since the speculation is so high with crypto.

newbie
Activity: 18
Merit: 0
Some people are still suggesting to solo mine with the VRM wallet vault, which is pretty easy right? Just install the wallet and click start
mining and then your good to go?

Obviously its going to eat up a huge % of my cpu so i shouldnt expect to do anything else with the computer after starting mining?

Lastly what everyones experience been with i5 series cpu's? Is it even worth it?

Maybe someone that successful solo-mined vrm with a home cpu can tell you better if this worth or not .. Personally I've tried unsuccefully solo-mine with a i7 4770k for a couple of days, then I switched to a pool .. can you specify which cpu are you using?
Whatever is your mining style you can always set up the number of cores involved in mining, my suggestion is to keep one or two free cores for normal activity, this should be enough for browsing, texting and such little tasks, but probably you can't run a game with it ... last thing, if your cpu is a "k" series you can consider some little overclocking that can give you good benefits, just do it very carefully and if you are not expert read a lot about it and let someone advice you, a new cpu and a new mobo can cost a bit ..


I'd be interested in hearing about someone that has successfully solo-mined as well. I gave it a try with more than a few hashes as you can see below, for about 4 hours and nothing. I probably need to be more patient... Sad

Code:
root:/veriumMiner# ~/verium/wallet/src/veriumd getmininginfo
{
    "blocks" : 163300,
    "currentblocksize" : 1230,
    "currentblocktx" : 1,
    "difficulty" : 0.01493824,
    "blocktime (min)" : 3.91666667,
    "blockreward (VRM)" : 3.77388750,
    "nethashrate (kH/m)" : 21079.91209069,
    "hashrate (H/m)" : 0.00000000,
    "est. block rate (hrs)" : 0.00000000,
    "errors" : "",
    "pooledtx" : 3,
    "blocksperhour" : 18,
    "testnet" : false
}
jr. member
Activity: 53
Merit: 5
Some people are still suggesting to solo mine with the VRM wallet vault, which is pretty easy right? Just install the wallet and click start
mining and then your good to go?

Obviously its going to eat up a huge % of my cpu so i shouldnt expect to do anything else with the computer after starting mining?

Lastly what everyones experience been with i5 series cpu's? Is it even worth it?

Maybe someone that successful solo-mined vrm with a home cpu can tell you better if this worth or not .. Personally I've tried unsuccefully solo-mine with a i7 4770k for a couple of days, then I switched to a pool .. can you specify which cpu are you using?
Whatever is your mining style you can always set up the number of cores involved in mining, my suggestion is to keep one or two free cores for normal activity, this should be enough for browsing, texting and such little tasks, but probably you can't run a game with it ... last thing, if your cpu is a "k" series you can consider some little overclocking that can give you good benefits, just do it very carefully and if you are not expert read a lot about it and let someone advice you, a new cpu and a new mobo can cost a bit ..
sr. member
Activity: 896
Merit: 290
Some people are still suggesting to solo mine with the VRM wallet vault, which is pretty easy right? Just install the wallet and click start
mining and then your good to go?

Obviously its going to eat up a huge % of my cpu so i shouldnt expect to do anything else with the computer after starting mining?

Lastly what everyones experience been with i5 series cpu's? Is it even worth it?
sr. member
Activity: 840
Merit: 267
Chad Hodler since 2013
Happy holidays everyone! I think something is going on over at vrm.poolinat0r.com. It's the only place I've ever mined VRM but it has been about 4 months. Since VRM is going up, I went back to mine. I was sending over 300,000 h/m but my estimated earnings wasn't budging. I thought maybe it had something to do with the mining difficulty going up but then my estimated earnings started going in reverse! I stopped after about 8 hours and sent a message on their online form.

I then went over to https://beertendr.com, sent over all my hashes, and after 10 hours I have 16 VRM ready for confirmation and payment.

Something is definitely not right at vrm.poolinat0r.com and I hope it's just a problem with the dashboard as I don't want to lose all that work!

what exactly are you mining with to get 300,000H/m?
pictures of your rigs would be a treat to see.  Roll Eyes

Well, all I can say is that I'm not doing anything illegal but I'd prefer to keep my technique off the radar for now. I'm still experimenting and will spill the beans as soon as I feel comfortable. For now, here is a screenshot of my current mining at beertendr.com:

yes, skimming isn't illegal, it's just theft of mining shares. You don't want to elaborate on your methods, OK.. i for one don't trust your methods.

Guys what are you talking about? You're saying maybe a pool is stealing some shares from every workers?

I have no idea what the poster is talking about. I've only heard the term "Skimming" in the context of ATMs. However, I recently discovered that beertendr.com is not meant for high powered miners so if you came in like I did with a crap ton of hashes, then it does take away from the other miners. I didn't realize beertendr.com is meant for low powered miners so I sent a quick message to the operator and let him know that I didn't know. I'm guessing this isn't a common issue so for those of us that have the means to point a bunch of hashes at a pool, make sure it is in balance. I think I will just stick with solo mining and possibly do my own VRM pool once I learn a bit more about how to do it. Also, I still don't know what's going on with my account at vrm.poolinat0r.com but I do know that sending too many hashes was not the issue.

Ok thanks. I was way lower on the reward from 16 VRM per day as reported by an user, but I'm also very lower on the hash rates, so maybe I should move on to beertender from polinator.
member
Activity: 250
Merit: 28
Good afternoon, the question is - who than what? found two miners, veriumminer (based on cpuminera) and actually cpuminer (cpuminer-opt-3.6.4-windows). On veriumminere hashread is greater. Huh
member
Activity: 84
Merit: 12
for 11 days he collected a minimum from his protsov in the amount of 20 coins. That's about $ 43 or 2300 in rubles at the current unstable exchange rate. The processors are about 14 pieces, any sort of rabble is basically 2x nuclear (the lemon and pentium) and a couple of server cores for 4 and 8 cores. I am thinking about buying 10 places 20 stream from China. When the cost of the kit with the mother and memory in the area of 18000r. In my opinion, it is more profitable than buying 1060.
member
Activity: 70
Merit: 10
newbie
Activity: 17
Merit: 0
Does someone know how to setup an Odroid XU4 to mine Verium in a Pool?
thx
full member
Activity: 462
Merit: 118
bootstrap of blockchain with a resumeable link pls.. how big it is btw?

VeriCoin Bootstrap 1.7 GB (Updated every hour) - http://www.vericoin.info/downloads/bootstrap.zip

Verium Bootstrap 76 MB (Updated every 15 mins) - http://www.vericoin.info/downloads/bootstrap_VRM.zip

*Do not unzip*

Thank you for the links Smiley Maybe il try again on the Vericoin wallet with a bootstrap and see how it works.
Just have to rebuy vericoin then, i sold and put all the funds for verium/vericoin into verium hehe Tongue
hero member
Activity: 658
Merit: 500
bootstrap of blockchain with a resumeable link pls.. how big it is btw?

VeriCoin Bootstrap 1.7 GB (Updated every hour) - http://www.vericoin.info/downloads/bootstrap.zip

Verium Bootstrap 76 MB (Updated every 15 mins) - http://www.vericoin.info/downloads/bootstrap_VRM.zip

*Do not unzip*
newbie
Activity: 18
Merit: 0


Guys what are you talking about? You're saying maybe a pool is stealing some shares from every workers?

No, however.. people skimming shares from other miners has been an issue in the past.

Would you kindly explain exactly what "skimming shares" means for the benefit of everyone reading? Not only did you accuse me of doing it, I genuinely have no idea what you are talking about. As I wrote previously, I did make the mistake of coming in with too many hashes at a mining pool that wasn't meant for high powered miners, but it was not intentional. Threads like this pop up in Google searches so please add value by explaining what it is you are talking about. I did perform a quick search of "share skimming" but what I read (a hit from this site actually), share skimming could be the result of buggy mining software or people intentionally hopping into the top of shares about to solve a block. As for the latter, I don't do that as I have no idea how to do that.  I use the effectsToCause mining client on Linux and to my knowledge, there are no problems with it.
member
Activity: 132
Merit: 10
Hi!

I have a question regarding VRM mining. I see that you can mine it directly with the Verium Vault (wallet), and also with cpuminer in a pool. Is there any difference? Is one method better than the other?

Thanks!

If you have a large mining rig with a big hashrate, solo mine from teh vault, or if you have a smaller rig, join a pool. simples!

Thanks!  Cheesy
member
Activity: 952
Merit: 17
raskul


Guys what are you talking about? You're saying maybe a pool is stealing some shares from every workers?

No, however.. people skimming shares from other miners has been an issue in the past.
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