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Topic: [ANN][FLO] A Worldwide Public Record | Alexandria | ETDB | Medici | 0.15 Segwit - page 54. (Read 516135 times)

newbie
Activity: 48
Merit: 0
Hello guys,

I'm new to this forum and even to cryptomining. I want to start mining florincoin and want to invest in an asics miner (Antminer S7 to be precise).
How do I setup my pc or future asics rig to mine florincoin? Should I just download the florincoin wallet or is there another program that should be installed and executed?
Also can somebody explain to my how I should choose my asics miner, I see that there are different algorithms for each coin and that Asics are specifically build for one algo.
What algorithm is florincoin and is the Antminer S7 able to work with this? What performance can I expect to get in hashing power?

If someone could give me a kind of overview what is important to know so I can research a little bit more myself and get a good understanding what is important.

-MrTrex

Florincoin uses the scrypt algorithm for proof of work. You can't mine that with Antminer S7. An ASIC like that just does a simple work of calculating double sha256 hashes, hence the latest antminers can calculate more than 10TH/s.

Scrypt was meant to be an encryption algorithm, nowadays you probably better don't encrypt nothing using scrypt, because anyone in the world with an ASIC could probably decrypt it within minutes.

Search for ASIC scrypt in this board: https://bitcointalk.org/index.php?board=160.0 Mining (Altcoins)

Since cgminer dropped support for scrypt, you'll have to use either bfgminer (https://github.com/luke-jr/bfgminer) or modified versions of cgminer like this one: https://github.com/dmaxl/cgminer.
legendary
Activity: 1974
Merit: 1010
What gives FLORIN value?

Trusted and hard working devs.  Long history.  Transaction comments.  Alexandria.  Etc.

When I need to store something in a blockchain quickly and easily, the first coin I think of is FLO.  It's just a practical and working solution that has stood the test of time.  FIRST coin with transaction comments.  As FLO is built upon by devs and other contributors the utility will likely increase.
sr. member
Activity: 437
Merit: 260
balance
Does or Will Alexandria pay or burn any fees?
Alexandria protocol messages require a fee to be paid to a miner in order to be accepted into the Alexandria network. We have discussed making FLO burning a requirement but it was never agreed upon. Perhaps we could re-visit this idea. As it stands however, the only requirement at the moment is paying a miner's fee.

Any possibility of the FLO dev or the Alexandria team to post more regular updates to this thread? I don't have time/desire to follow Slack but like to check in here every couple months. Little status updates every quarter or something would be sweet if possible, doesn't have to be anything mindblowing, just a pulse check would be great. Been holding for years at this point and wish I could be more involved but hope things are cruising along!

Expect more regular updates because I am recently able to commit more time to the project. In the short-term I will update the block explorer and florincoin.org website. Those pages are certainly in need of a renewal.
legendary
Activity: 1498
Merit: 1000
What gives FLORIN value? Does or Will Alexandria pay or burn any fees?
newbie
Activity: 48
Merit: 0
is 1k possible?

As of right now, it is.

Congratulations to everyone involved, and let the haters cry their mediocrity all they need to.
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
FLO we are with you ... pls pay the few bucks needed to get a Cryptopia slot ... you gain LTC, Doge, UNO base pairs ... there's an ALT trade market waiting for the FLO Economy, we like what you do.
hero member
Activity: 623
Merit: 500
Fortune favours the bold!
is 1k possible?

Seems to have stalled out. Oh well. I'm a long-term holder anyways.
full member
Activity: 126
Merit: 100
sr. member
Activity: 437
Merit: 260
balance
Hey Altcoinlover, please make sure you have installed version 0.10.4, which is the latest version.

Additionally, if you are having issues downloading the blockchain, please refer to these addnodes to get started. Add them to florincoin.conf:

Code:
addnode=188.166.6.99
addnode=176.9.59.110
addnode=54.209.141.153

If you need any additional support, please don't hesitate to ask on the forum here or PM myself or another dev team member directly. We are also generally hanging out in the Alexandria.io chat. You can sign up for it here: http://dloaslack.bitspill.net/

hero member
Activity: 746
Merit: 500
I just installed FLO desktop wallet for Win.

It has 3years 39 weeks to sunc....

pretty insane especially when I don't see
any kind of syncing currently.

Please, could I get guidance on how to proceed
with this coin to have an efficient syncing process?

thanks in advance
hero member
Activity: 689
Merit: 507
Strange, all the other POLO coins are pumping except FLO. This alt bull market won't be here forever. Just saying.

It is a good sign, kind of diversion.
legendary
Activity: 2087
Merit: 1015
Strange, all the other POLO coins are pumping except FLO. This alt bull market won't be here forever. Just saying.

Maybe it's because FLO isn't a PnD scheme
hero member
Activity: 623
Merit: 500
Fortune favours the bold!
Strange, all the other POLO coins are pumping except FLO. This alt bull market won't be here forever. Just saying.
full member
Activity: 126
Merit: 100
sr. member
Activity: 274
Merit: 250
jr. member
Activity: 49
Merit: 10
Any news about FLO (Alexandria)?
member
Activity: 105
Merit: 10
Valar nomordumpis.
They are push bela coin from 50sat to 3000sat.
Clever boys buy FLO right now, its very undervalue coin


Russkaia dievochka, FLO is not your bitch
haha this post killed me lmao
hero member
Activity: 896
Merit: 553
FLO is one of the very rare coins who didn't lose value in $ during the last months, despite the BTC PUMP.
Something is brewing.

and its all quiet here too. I don't have money in it now but was watching it, then it went up so i didn't go in.

i was just about to buy potcoin same situation last year and we know how that ended.
hero member
Activity: 689
Merit: 507
FLO is one of the very rare coins who didn't lose value in $ during the last months, despite the BTC PUMP.
Something is brewing.
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