Hi BitcoinFX,
I love all CPU only coins,
but my own thoughts as to your question....
Still unsure as to why this community has become so despondent towards a world record breaking Math Alt. coin with such massive potential !?!
First and foremost.....Profit !
I would guess that the vast majority of miners are either doing it as a hobby, or for profit.
So lets look at that....with a decent Ryzen 8c/16t PC using all cores flatout i might see 3-4 blocks a day....hmmm, not much "fun" there.
Dont go down the well, its not about money, and it could double, reble, blah, blah, this coin has been out years, and is a breath away from extinction.
Warp me into an alternate dimension where lets say with my 8c/16t cpu i win all 576 blocks a day, that equates to around £3 a day, minus £2 a day for power, leaves me with £1 a day profit....
So if no-one else mines it, and if i win All blocks, i get £1 a day....so that blows the Profit reason....
Next, suppose i dont care about any of that, and just want to mine for the erm FUN of it....
Well i down load a wallet, tyre setgenerate true blah blah, and hmmm boring, so i download an external mier, and erm, cpuminer -o 127.0xxx.xx blah blah -t (hey i can change number of cores), great but still boring.
So as i have done many times now, try to use the CRT thingy, and holy cr^p, i want to mine not be a mathmetician....after all these years can no-one provide a simple to use, optimsed, customisable miner
So, fine, i spend days writing files i dont understand, then mine with those files, seeing figures i know not what....and guess what..after all that, i still only get 3-4 blocks a day
Oh, and lastly, what about a much more "politically correct answer", - I want to help find the worlds largest PRIME number....sheesh, i'd rather use my cycles to solve cancer Thankyou very much.
So, tongue in cheek, bitchin over....honestly
Start a NEW THREAD
Make the core point of this coin Simple for Idiots like me
Make sure all links are easy to spot, work, and oh, are from this century !
Most point to outdated bounties, dead pools, and well...enuff said
Make a POOL!. That way peeps like me can point our dumb little PCs at it, and actually see we are acheiving something, instead of this all of nothing solo crap
Make sure the diff retargets quicker and drops much lower, looking at the global hashrate today, no -ne is mining this coin, and i still can only win 3-4 blocks a day (my record btw is 80 coins or 20 blocks once, i think pigs were also flying that day)
Basically give people a reason to use their hashpower, not waste it
Make a pool, and each time a milestone is hit, make it BIG and BOLD
Let people have a goal, and tell them when they meet it.
Find a way of explain the Chinese whatever it is better, or re-badge it, it a way that my gran understands, and more importantly, make it so peeps can see genuine gains, when they go to all the effort to get the external miners working (cos honestly i have tried them all, several times, on Win and Linux, and can't see ANY benefit)
Like i said at the TOP.
I LOVE cpu coins, and mine pretty much all of them, and although this keeps pulling me back, it also disappoints me every single time, and that hurts me to say, cos i mine some real "sh%" coins.
I honestly wish you good luck rebuilding, and although i can't promise you massive hashpower, i do have a spare Pi3, so hows about a miner for that? Might sound silly, but it reduces the cost of entry to pennies, and is the one device that peeps tend to get working, and then forget about, so whilst not generating them any "profit", 10's of them on, 24/7 might just help set some world records....
minerja
@minerja. Some good points and yes very valid concerns ... My own views ...
As an original bitcoiner, I don't think in-wallet CPU mining and the lack of a pool is really of any concern at present, it's actually more decentralized in regards to the network and individual mining participation, just like with original bitcoin, its a feature!
'Profit' is relative to many factors ...
Being present on three or more exchanges would be useful along with another block explorer.
I won't now consider starting a new thread until that happens, at the very least.
I don't even see much development continuing until that happens, although this has become a somewhat chicken and egg situation in this regard - exchanges won't list without development (or fees) and new developers (or miners) won't seemingly participate without incentive or 'profit' potential.
Gapcoin Club's nodes and website already cost me $50+ a month without including my own time and mining resources to help keep this project 'alive', without ongoing return.
'Paying' for the block explorer via donations, hosting a 2nd block explorer and pool would make this even more unviable for myself currently.
I won't start a pool until competition demands it i.e. a second pool.I won't start to continue software development or find open source / paid developers / coders until the above happens or a new software release is necessary after Jan. 2020. and/or community interest increases....
I will make an explanation post in this thread and link to it from gapcoin.club to make people more aware of the current situation.
I will continue to make private gapcoin 'giveaways' in attempt to garner said community and developer interest further.