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Topic: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer! - page 205. (Read 284956 times)

hero member
Activity: 686
Merit: 500
FUN > ROI
The release date is on Wednesday, May 28 at 22:00 (10:00pm) UTC
Why started before the appointed time?
9.58 now?
Timezone confusion - somebody thought UTC time is 'whatever time it is in London right now' (which changes between GMT (same as UTC) and BST (not the same)).
full member
Activity: 154
Merit: 100
Quote
so if you burn coins and not find any blocks, then you wasted your coins? or the hash stay viable for the next blocks until you get your return?
Yes, that is the bare principals behind it.


so the hash stays viable until you can find a block with burned coins?
full member
Activity: 182
Merit: 100
Quote
so if you burn coins and not find any blocks, then you wasted your coins? or the hash stay viable for the next blocks until you get your return?
Yes, that is the bare principals behind it.

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is the PoW cpu only ? or is this some "normal" algo ?
The PoW is a special algo made CPU only. By the time ASICs can be made for it, PoB will have overcome PoW and then the asics will not be needed any more.

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I assume we cannot buy them yet, but correct me if I'm wrong.
You cannot buy them yet, we have to get Slimcoin on an exchange first.
newbie
Activity: 49
Merit: 0

you can burn any coins. Coins you mined through PoB, PoW, or PoS, or coins you bought.


I assume we cannot buy them yet, but correct me if I'm wrong.
legendary
Activity: 1400
Merit: 1050
is the PoW cpu only ? or is this some "normal" algo ?
full member
Activity: 154
Merit: 100
Quote
If you dont any coins via PoW how are  you to PoB any ? Buy on exchange ?

Yes, you can burn any coins. Coins you mined through PoB, PoW, or PoS, or coins you bought.

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what is the difference when i burn 1 coin vs 10 coins?

Burning 1 coin will be 1/10 times as likely to find a PoB block as burning 10 coins.

so if you burn coins and not find any blocks, then you wasted your coins? or the hash stay viable for the next blocks until you get your return?
full member
Activity: 126
Merit: 100
Quote
If you dont any coins via PoW how are  you to PoB any ? Buy on exchange ?

Yes, you can burn any coins. Coins you mined through PoB, PoW, or PoS, or coins you bought.

Quote
what is the difference when i burn 1 coin vs 10 coins?

Burning 1 coin will be 1/10 times as likely to find a PoB block as burning 10 coins.

thanks for explaination, so that means if i burn coins, i may not able to get the coins back if i am not lucky (not able to find a block)?
newbie
Activity: 49
Merit: 0
The latest windows wallet gets one warning from virus total.

https://www.virustotal.com/en/file/d21df3f6db4c974ac1c43b4da6620330bed057213b23a57ebf414acdc3c561fa/analysis/1401313962/

I know it's probably a false positive, but it would be nice if it gave a totally clean scan.
full member
Activity: 182
Merit: 100
Quote
If you dont any coins via PoW how are  you to PoB any ? Buy on exchange ?

Yes, you can burn any coins. Coins you mined through PoB, PoW, or PoS, or coins you bought.

Quote
what is the difference when i burn 1 coin vs 10 coins?

Burning 1 coin will be 1/10 times as likely to find a PoB block as burning 10 coins.
hero member
Activity: 750
Merit: 511
The release date is on Wednesday, May 28 at 22:00 (10:00pm) UTC
Why started before the appointed time?
9.58 now?
hero member
Activity: 756
Merit: 502
Still have problems running on a Debian machine, can you please static link the libs?

Thanks.
full member
Activity: 126
Merit: 100
This is the initial stages of PoW, that is why it is very intensive. After this stage, PoB will take over where mining will be much less intensive.

The block reward for PoW is max 50 coins.

Hi developer,
what is the difference when i burn 1 coin vs 10 coins?
legendary
Activity: 1092
Merit: 1000
This is the initial stages of PoW, that is why it is very intensive. After this stage, PoB will take over where mining will be much less intensive.

The block reward for PoW is max 50 coins.

If you dont any coins via PoW how are  you to PoB any ? Buy on exchange ?
full member
Activity: 182
Merit: 100
This is the initial stages of PoW, that is why it is very intensive. After this stage, PoB will take over where mining will be much less intensive.

The block reward for PoW is max 50 coins.
hero member
Activity: 686
Merit: 500
FUN > ROI
might be overload, because i see 100% load for cpu
Wasn't it supposed to be mined on old computers too?!
And on both old and new computers it will use 100% - that's just what threading does.

If you want to use less CPU, try manually setting which cores it's allowed to use (task manager, processes/details, right-click, Set affinity), or see: Temperature-based control of processes - howto
full member
Activity: 154
Merit: 100
ok after 4th crash, I opened up the case and saw shitload of dust on the cpu fan...
so blew off the dust and put up my box fan on it.
hopefully this will solve the problem.

how big is the block reward? it says 50 on OP but it say 1000 when you type getmininginfo in consol?
hero member
Activity: 1110
Merit: 534
ok somethings definitely not right here.. my comp crashed for the 3rd time few minutes after mining.. my comp never crashes..
any thoughts?

CPU temp monitoring?

might be overload, because i see 100% load for cpu

Wasn't it supposed to be mined on old computers too?!
sr. member
Activity: 336
Merit: 250
Updated Slimcoin QT is up with libgcc_s_dw2-1.dll
I had to recompile from source & missed the first blocks. You better learn how to static pack libboost.
hero member
Activity: 490
Merit: 500
my wallet wont connect, how do i start mining?
full member
Activity: 182
Merit: 100
Quote
minerd: no URL supplied

Checkout the example-cfg.json

Enter the user and pass you have in your slimcoin.conf file.

Run with ./minerd -c
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