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Topic: [ANN][ROI] ROI Coin | CPU Only Solo Mining Hybrid | 15% POS | 593% Term Deposit - page 121. (Read 107962 times)

full member
Activity: 126
Merit: 100
Just abit of a update, I have been chatting with the other guy who helps me with this and we are going to go down to the data center and install a 4G fall over so if the trunk is down it will fall over to 4G.

We are both miners and we know the pain of coming home looking at your rig and seeing its not mining. So we are going to do all we can to keep the cluster node up.

Thank you. I'm sure everbody here appreciates the effort the two of you have been putting into this.
full member
Activity: 126
Merit: 100


Quote

Great news, thanks for getting on this so fast. I think your cluster miner is probably the best thing that happened to this coin.

Thank you. There is much much more I would like to do with the cluster. But I have very limmited time on my hands at the min. I would like to put stats on to the site and so on. I would also like to get a ppln pool up but its all about time and thats just something I dont have much of.

I dont run the cluster alown I have a friend who helps to run things he is on here but he is not the kind of guy who posts... (hes the guy who likes to peep hahaha) .we just split any donations that go to the cluster 50/50. I am just waiting on the new fork to come then I am going to do some changes to the cluster because there is room to improve on things.

Looking forward to seeing what you have planned. Good luck with the getting a pool set up too, for some reason some miners seem to prefer a pool to the cluster so it will be great for them to finally have a choice of pools.
member
Activity: 391
Merit: 14
Just abit of a update, I have been chatting with the other guy who helps me with this and we are going to go down to the data center and install a 4G fall over so if the trunk is down it will fall over to 4G.

We are both miners and we know the pain of coming home looking at your rig and seeing its not mining. So we are going to do all we can to keep the cluster node up.
member
Activity: 154
Merit: 22


Quote

Great news, thanks for getting on this so fast. I think your cluster miner is probably the best thing that happened to this coin.

Thank you. There is much much more I would like to do with the cluster. But I have very limmited time on my hands at the min. I would like to put stats on to the site and so on. I would also like to get a ppln pool up but its all about time and thats just something I dont have much of.

I dont run the cluster alown I have a friend who helps to run things he is on here but he is not the kind of guy who posts... (hes the guy who likes to peep hahaha) .we just split any donations that go to the cluster 50/50. I am just waiting on the new fork to come then I am going to do some changes to the cluster because there is room to improve on things.

That sounds good.  Cool Thanks a lot for your work!
member
Activity: 391
Merit: 14


Quote

Great news, thanks for getting on this so fast. I think your cluster miner is probably the best thing that happened to this coin.

Thank you. There is much much more I would like to do with the cluster. But I have very limmited time on my hands at the min. I would like to put stats on to the site and so on. I would also like to get a ppln pool up but its all about time and thats just something I dont have much of.

I dont run the cluster alown I have a friend who helps to run things he is on here but he is not the kind of guy who posts... (hes the guy who likes to peep hahaha) .we just split any donations that go to the cluster 50/50. I am just waiting on the new fork to come then I am going to do some changes to the cluster because there is room to improve on things.
full member
Activity: 126
Merit: 100
This coin has no mining pool ?!

Please try these Smiley

ROI Coin Cluster Mining

Miner Pools
Website: http://roicluster.miner-pools.com/
Description: Solo mining as part of a cluster is you connecting to one node with other users connecting to that same node. You can connect as many computers to the cluster node as you like. When you successfully mine a block you get 100% of the block for 120 coins with zero fees. Basically, cluster mining is extremely efficient and more profitable than your typical pool.


ROI Coin Mining Pools

CoinsPool
Website: http://coinspool.cu.cc/info_roicoin

Does anyone know if the cluster is having problems today? I can't seem to connect.

Same here. Can't seem to connect. Does anybody has the same problem?

I just pm'd @TheRaster. I'm not sure what timezone he's in but hopefully he'll sort things out soon and let us know what's going on.

Hi guys, Sorry we have abit of down time on the line.

The provider is working getting the trunk back up. As soon as its live your miners should reconnect. The cluster is up its just the trunk to the cluster that is down. I have been told it should be active within the next hour.



Great news, thanks for getting on this so fast. I think your cluster miner is probably the best thing that happened to this coin.
member
Activity: 391
Merit: 14
This coin has no mining pool ?!

Please try these Smiley

ROI Coin Cluster Mining

Miner Pools
Website: http://roicluster.miner-pools.com/
Description: Solo mining as part of a cluster is you connecting to one node with other users connecting to that same node. You can connect as many computers to the cluster node as you like. When you successfully mine a block you get 100% of the block for 120 coins with zero fees. Basically, cluster mining is extremely efficient and more profitable than your typical pool.


ROI Coin Mining Pools

CoinsPool
Website: http://coinspool.cu.cc/info_roicoin

Does anyone know if the cluster is having problems today? I can't seem to connect.

Same here. Can't seem to connect. Does anybody has the same problem?

I just pm'd @TheRaster. I'm not sure what timezone he's in but hopefully he'll sort things out soon and let us know what's going on.

Hi guys, Sorry we have abit of down time on the line.

The provider is working getting the trunk back up. As soon as its live your miners should reconnect. The cluster is up its just the trunk to the cluster that is down. I have been told it should be active within the next hour.

full member
Activity: 126
Merit: 100
This coin has no mining pool ?!

Please try these Smiley

ROI Coin Cluster Mining

Miner Pools
Website: http://roicluster.miner-pools.com/
Description: Solo mining as part of a cluster is you connecting to one node with other users connecting to that same node. You can connect as many computers to the cluster node as you like. When you successfully mine a block you get 100% of the block for 120 coins with zero fees. Basically, cluster mining is extremely efficient and more profitable than your typical pool.


ROI Coin Mining Pools

CoinsPool
Website: http://coinspool.cu.cc/info_roicoin

Does anyone know if the cluster is having problems today? I can't seem to connect.

Same here. Can't seem to connect. Does anybody has the same problem?

I just pm'd @TheRaster. I'm not sure what timezone he's in but hopefully he'll sort things out soon and let us know what's going on.
newbie
Activity: 24
Merit: 0
This coin has no mining pool ?!

Please try these Smiley

ROI Coin Cluster Mining

Miner Pools
Website: http://roicluster.miner-pools.com/
Description: Solo mining as part of a cluster is you connecting to one node with other users connecting to that same node. You can connect as many computers to the cluster node as you like. When you successfully mine a block you get 100% of the block for 120 coins with zero fees. Basically, cluster mining is extremely efficient and more profitable than your typical pool.


ROI Coin Mining Pools

CoinsPool
Website: http://coinspool.cu.cc/info_roicoin

Does anyone know if the cluster is having problems today? I can't seem to connect.

Same here. Can't seem to connect. Does anybody has the same problem?

Yup, same here...
newbie
Activity: 4
Merit: 0
This coin has no mining pool ?!

Please try these Smiley

ROI Coin Cluster Mining

Miner Pools
Website: http://roicluster.miner-pools.com/
Description: Solo mining as part of a cluster is you connecting to one node with other users connecting to that same node. You can connect as many computers to the cluster node as you like. When you successfully mine a block you get 100% of the block for 120 coins with zero fees. Basically, cluster mining is extremely efficient and more profitable than your typical pool.


ROI Coin Mining Pools

CoinsPool
Website: http://coinspool.cu.cc/info_roicoin

Does anyone know if the cluster is having problems today? I can't seem to connect.

Same here. Can't seem to connect. Does anybody has the same problem?
full member
Activity: 126
Merit: 100
This coin has no mining pool ?!

Please try these Smiley

ROI Coin Cluster Mining

Miner Pools
Website: http://roicluster.miner-pools.com/
Description: Solo mining as part of a cluster is you connecting to one node with other users connecting to that same node. You can connect as many computers to the cluster node as you like. When you successfully mine a block you get 100% of the block for 120 coins with zero fees. Basically, cluster mining is extremely efficient and more profitable than your typical pool.


ROI Coin Mining Pools

CoinsPool
Website: http://coinspool.cu.cc/info_roicoin

Does anyone know if the cluster is having problems today? I can't seem to connect.
sr. member
Activity: 770
Merit: 264
This coin has no mining pool ?!

Please try these Smiley

ROI Coin Cluster Mining

Miner Pools
Website: http://roicluster.miner-pools.com/
Description: Solo mining as part of a cluster is you connecting to one node with other users connecting to that same node. You can connect as many computers to the cluster node as you like. When you successfully mine a block you get 100% of the block for 120 coins with zero fees. Basically, cluster mining is extremely efficient and more profitable than your typical pool.


ROI Coin Mining Pools

CoinsPool
Website: http://coinspool.cu.cc/info_roicoin
newbie
Activity: 27
Merit: 0
This coin has no mining pool ?!
member
Activity: 116
Merit: 10

Same throughts. Also, repeating logo in the wallet background doesn't looks great. May be, some abstract background with logo at the left corner will looking better?


[/quote]

Hello,

The wallet background is something that is on one of many burners.  Part of the problem being, a fixed size .png for the background, but the wallet window is not fixed, allowing people to resize the wallet like any window.  There in lays the problem, once beyond the size of the background, there is a multiplier affect of the logo.  Different video settings or generic video drivers also can create a less then favorable "look".  If you lock onto the lower right corner of the wallet it bring towards center, you'll see what I mean.

We are consulting with a QT coder on how best to approach this, but this is rather low on the list.  Aside from the fork, then traffic blowing out the home site...  Got our hands full at the moment.  Smiley  We have been unexpectedly surprised by the enthusiasm by this community and an ever growing global interest in the coin.

Good news is the network is still going strong, seed nodes are online, and the block explorer is still running: http://45.76.246.101:3001/

As soon as we get past the fork and our new home site is up, we will be getting to suggestions and incorporating as we can.  So please, feel free to keep the suggestions rolling in.  Smiley

Take care.
sr. member
Activity: 770
Merit: 264
Are we required to do anything for the upcoming fork?

No. We are working very hard and testing out the wallet. The plan is to make this wallet available prior to fork and then you can run this new wallet pre-fork and move right through the fork seamlessly.

Let me know if you need more details...
sr. member
Activity: 770
Merit: 264
ROI could use a rebrand, logo isnt looking pro
what you think bout it?

Ears are always open to the community and this is the first time in 64 pages of chat that this has been brought up...

What do you have in mind?

If you can produce a superior logo I'd love to see it and past that any new/superior logo can be decided on from community feedback...
full member
Activity: 446
Merit: 105
Are we required to do anything for the upcoming fork?
newbie
Activity: 36
Merit: 0
Hello, can somebody explain... I see many transactions in the block explorer like this one http://45.76.246.101:3001/tx/b255e239bcc3e63765284ae043b920d38cd096a1e39ed46e1b9357b9f605649e
(600,000 new coins). How they get created, if the reward for the block is only 120 coins?

Really? You see many transactions like this in the block explorer?

Only 2 humans on this earth hold enough coins to term deposit 600K coins and I know it wasn't me so I would be very interested to hear more details...

Yes, if you go to "top 100" section in the block explorer and select the Received tab, you will see about 70 transactions +600,000 coins. I follow some of them and see +600,000 new coins pages. Here a few examples.

http://45.76.246.101:3001/tx/6cbc82e052e6085268bafd1db16ce8f65c1434eb837d85df18652e5261b18d7b
http://45.76.246.101:3001/tx/c528205fcf930c2c45f7a8c88ee96346c212cf5c7cb51e752e3db912357b2deb
http://45.76.246.101:3001/tx/801e1ff6c8584c3b82151a56708b8c13d1a024584f960cc871893f011524a6c1
http://45.76.246.101:3001/tx/70d3a4816f93e319dcaa1ae18c953d9a0912c996f093faffbc515485d6de16ca
http://45.76.246.101:3001/tx/b255e239bcc3e63765284ae043b920d38cd096a1e39ed46e1b9357b9f605649e

I just want to know, how these coins is generated? I understand the mining mechanics and 120 coins reward for finding a block, but 600k? Another question, if user make a term deposit, these coins (locked or interest part) showing in the block explorer as new coins?

Hello altrego,

They are generated by code.  Smiley

If you go to Github, ROIcoin/src/main.cpp, are the calculations for PoW block rewards (line 1249):

CAmount GetBlockSubsidy(int nHeight, const Consensus::Params& consensusParams)
{

    if(nHeight < 50)         { return 77 * COIN;}
    if(nHeight < 100 && nHeight > 50)   { return 777 * COIN;}
    if(nHeight < 201 && nHeight > 100)   { return 600000 * COIN;}  //6% Investor Payout.
    if(nHeight < 7884000 && nHeight > 201){ return 120 * COIN;}

    CAmount nSubsidy = 120 * COIN;

    return nSubsidy;
}

We did it this way to re-verify the code functions as we fired up the live chain.  To make sure it was switching from 77, to 777, to 600k then to 120.  You can test, check, verify, and still come across issues.  So we are always checking, cross checking, the re-checking each others work.

I find it puzzling that nobody has asked why 120 block reward?  We took the PoW coinbase of 1 billion, subtracted the premine amount then divided the difference to come up with 120, for each and every block to make 1 billion PoW coins.  We did not want a halving situation because if/when the coin gains value, say $1 / coin, we want miners to make money.  I would be happy getting $120 a day or better with term deposits.  Beats what my Antminer L3+ is doing.  Though I may be biased, I think we have great potential over the long haul.

As far as the second part of your question.  The PoS (Term Deposit), based on observations, the deposit is part of the blockchain, when the coin matures, meeting the PoS requirements, that principle earned then becomes apart of the blockchain on that receiving address used to make the term deposit.  I could be off, this is based on our observations.  When we were working to correct the interest functions while on Testnet.  The tested pre-fork rates would adjust to the post fork rates.

I hope this answers your question.  I too spent the longest time trying to understand "Where in the heck are the PoS coins coming from?"  So questions are always welcome.

Thank you for your answer, now its somewhat clear for me.


ROI could use a rebrand, logo isnt looking pro
what you think bout it?

Same throughts. Also, repeating logo in the wallet background doesn't looks great. May be, some abstract background with logo at the left corner will looking better?

newbie
Activity: 11
Merit: 0
ROI could use a rebrand, logo isnt looking pro
what you think bout it?
hero member
Activity: 896
Merit: 500
That exchange, as the only option, does not benefit ROICoin. Any news about other exchanges?

Dev statement above, I asked the same question yesterday:
"YoBit and KUcoin are in progress now but just waiting on the fork to complete."

I have not had time to read the last comments of the thread, thanks for your answer.
By the way, it's good to see so many comments about the code.
I'm staking some ROI Coins.
A solid and supportive community has been created here. Good luck with the project.-
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