[ANN] [QRK] Quark | POW/POS | 0.10.6.3 - New Self Moderated Thread - page 39.

Fabriz

member

Activity: 392

Merit: 10

Quote from: Alohaboy?! on December 20, 2017, 06:18:50 PM

Quote from: Fabriz on December 20, 2017, 02:54:17 PM

Quote from: Meeks on December 19, 2017, 12:45:39 PM

Volume is growing. It's a good sign.

This coin will be a surprise in 2018 when they'll start run masternodes

any infos on how much coins will be needed to run one?

seems 250.000

Alohaboy?!

hero member

Activity: 1050

Merit: 506

Quote from: Fabriz on December 20, 2017, 02:54:17 PM

Quote from: Meeks on December 19, 2017, 12:45:39 PM

Volume is growing. It's a good sign.

This coin will be a surprise in 2018 when they'll start run masternodes

any infos on how much coins will be needed to run one?

Fabriz

member

Activity: 392

Merit: 10

Quote from: Meeks on December 19, 2017, 12:45:39 PM

Volume is growing. It's a good sign.

This coin will be a surprise in 2018 when they'll start run masternodes

Meeks

member

Activity: 103

Merit: 10

Volume is growing. It's a good sign.

PromethiumX

newbie

Activity: 59

Merit: 0

Quote from: lindonm on December 19, 2017, 07:35:05 AM

Hi, absolute newbie to blockchain here, so i'm just doing some experimenting and learning.

I'm doing a lot of reading (even following some tutorials on how to create your own blockchain, just for deeper understanding) but one thing I haven't managed to figure out yet is the correlation between "difficulty" and "hashrate"

Just for fun/learning, I just downloaded Quark wallet and the bootstrap per instructions here (which i'm sure saved me a very long wait time, i'm already synced and i'm on a very poor internet connection) - I've set it to mine on my ancient 4 core 4GB RAM desktop just to get a feel for the whole process.

If I run getmininginfo;
{
"blocks" : 5033978,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 59207.35814723,
"errors" : "",
"genproclimit" : 2,
"networkhashps" : 31352434513,
"pooledtx" : 0,
"testnet" : false,
"chain" : "main",
"generate" : true,
"hashespersec" : 71483
}

So with ~70k hashes, what is the "realistic" return on this system? I'm not worried about profit or energy, this is a learning exercise - But just curious, if I left this PC running for the next day/week/month, how long until I saw my balance go up from zero?

Welcome to Cryptopia.
Mathematically speaking, with the network hashrate @ 31,352,434,413 and your hashrate @ 71,483 you have a one in 438,599 chance of mining a single quark every 30 seconds.
Speaking from experience, with luck you will mine a single quark maybe two in a week.

Alternatively:

Take the money you will spend on electricity and computer repairs say $200 for a year(conservative), and buy 11243.53496739375 @ the current rate of $0.017794.
Hold these quarks for a year in your own wallet without moving them, open your wallet for staking after this interval and earn 393 quarks

If, and it's a big IF, quarks returned to their previous high against BTC of 0.00026245 at todays price they would be valued at $4.72 each.
Your $200 investment would be valued at just over 53 thousand dollars or just shy of 55 thousand dollars taking interest into account.

lindonm

newbie

Activity: 1

Merit: 0

Hi, absolute newbie to blockchain here, so i'm just doing some experimenting and learning.

I'm doing a lot of reading (even following some tutorials on how to create your own blockchain, just for deeper understanding) but one thing I haven't managed to figure out yet is the correlation between "difficulty" and "hashrate"

Just for fun/learning, I just downloaded Quark wallet and the bootstrap per instructions here (which i'm sure saved me a very long wait time, i'm already synced and i'm on a very poor internet connection) - I've set it to mine on my ancient 4 core 4GB RAM desktop just to get a feel for the whole process.

If I run getmininginfo;
{
"blocks" : 5033978,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 59207.35814723,
"errors" : "",
"genproclimit" : 2,
"networkhashps" : 31352434513,
"pooledtx" : 0,
"testnet" : false,
"chain" : "main",
"generate" : true,
"hashespersec" : 71483
}

So with ~70k hashes, what is the "realistic" return on this system? I'm not worried about profit or energy, this is a learning exercise - But just curious, if I left this PC running for the next day/week/month, how long until I saw my balance go up from zero?

Meeks

member

Activity: 103

Merit: 10

Glad to see that the quark has returned to the game again.
Altcoin season has begun! Let's go to 3000sat.

OnlyCi

newbie

Activity: 5

Merit: 0

Quote from: ?? on ??

Quote from: OnlyCi on December 16, 2017, 01:37:09 PM

Quote from: OnlyCi on December 14, 2017, 12:48:58 PM

Hi, is there any way to staking on VPS ubuntu (command line)?

Hi, anyone has knowledge about this? I can't run my computer 24/24.

Thanks!

No need for running wallet constantly to get your stake reward.

POS is set by default.

You only need to open your wallet and sync to the network one every few weeks to claim your stake rewards by unlocking your wallet.

Follow staking instructions from Pondi and you will be fine.

Wow, just learned that. Thank you!

_flatlands_

member

Activity: 96

Merit: 10

Quote from: Wealthway on December 17, 2017, 06:17:39 PM

Please what is the difference between this coin and the other one named Quark

Thanks to anyone who will clarify

The other one isn't spelt the same if you mean qwark.

coincrete

full member

Activity: 186

Merit: 100

wow, quark on the first page of bct ;-) when moon sir? whera are you collin? whera are you bill ? where are you max (dev)? where are you max (shill)?

Wealthway

member

Activity: 92

Merit: 10

A Nigerian cryptocurrency advocate, let's do it

Please what is the difference between this coin and the other one named Quark

Thanks to anyone who will clarify

mictric

newbie

Activity: 3

Merit: 0

Quote from: ?? on ??

Quote from: mictric on December 16, 2017, 10:22:55 AM

good to know... I did find the .dat file but still uncertain how to overcome the runtime errors loading the db.

MinGW Runtime Assertion
Assertion Failed!
Program:C:\Program Files\Quark\quark-qt.exc
File:db/version_set.cc,Line 789
Expressions: dummy_versions_.next_==&dummy_versions_

If I re-dl and install the wallet, can I reference the previous .dat file?

Follow instructions from Pondi and you will be up and running again in no time.

Worked...thanks!

Rusty_1993

full member

Activity: 143

Merit: 100

Quark it up!

Hey just a lil reminder that roughly a week ago we hit our 5,000,000th block! Congrats Quark, and community!

OnlyCi

newbie

Activity: 5

Merit: 0

Quote from: OnlyCi on December 14, 2017, 12:48:58 PM

Hi, is there any way to staking on VPS ubuntu (command line)?

Hi, anyone has knowledge about this? I can't run my computer 24/24.

Thanks!

kuznezvlas

newbie

Activity: 42

Merit: 0

what is the ROI for masternode in this coin now?

mictric

newbie

Activity: 3

Merit: 0

good to know... I did find the .dat file but still uncertain how to overcome the runtime errors loading the db.

MinGW Runtime Assertion
Assertion Failed!
Program:C:\Program Files\Quark\quark-qt.exc
File:db/version_set.cc,Line 789
Expressions: dummy_versions_.next_==&dummy_versions_

If I re-dl and install the wallet, can I reference the previous .dat file?

mictric

newbie

Activity: 3

Merit: 0

I purchased QRK on Cryptopia and downloaded the 10.6.3 wallet. After generating a wallet address and sending to funds to said wallet address, I realized that I didn't encrypt the wallet, though was able to generate a wallet address without doing so. When I attempt to load wallet application, I’m receiving an error that block db isn’t loading. When I attempt to rebuild the db, I receive a runtime error. Will downloading and re-installing the wallet enable me to access the original wallet address w/o a private key? Any insight is appreciated.

-M

Pondi

full member

Activity: 168

Merit: 101

Quote from: Tara11 on December 15, 2017, 02:36:03 AM

I found really interesting article about quarkcoin written by Vitalik Buterin.

https://bitcoinmagazine.com/articles/quarkcoin-noble-intentions-wrong-approach-1387343686/

Thats a great find, I am so glad we have that article to point out the problems in quark so we are able to remedy them. Pos has helped, and the rest will get done soon enough

Feilongcoin

member

Activity: 95

Merit: 10

Quote from: Feilongcoin on December 15, 2017, 07:46:41 AM

Can u help tell me where i can change this to "setgenerate true 1"

already found it!

Feilongcoin

member

Activity: 95

Merit: 10

Can u help tell me where i can change this to "setgenerate true 1"

Topic: [ANN] [QRK] Quark | POW/POS | 0.10.6.3 - New Self Moderated Thread - page 39. (Read 64190 times)