Pages:
Author

Topic: [ANN][VRM] Verium PoWT | CPU mining | scrypt² | Scaling | New Roadmap Released - page 25. (Read 249932 times)

wgd
legendary
Activity: 1815
Merit: 1005
testbug when run vrm2.poolinat0r.com, do not still see any block there? What is it going to be different from your first vrm mine?
legendary
Activity: 1241
Merit: 1005
..like bright metal on a sullen ground.
vrm.poolinat0r.com - minimal withdraw amount change
Due massive increasement on the hashing powers, the minimal withdraw amount will get lowered to 50% = 15 VRM.
The withdraw fee for automatic payouts will remain on 0.41 VRM because it's range goes up to 78 VRM. As i mentioned some months ago, VRM has a "big" amount of fees for transactions, that's why i can't lower it. The pool is not useing sendmany or anything, all payouts are independent transations. If i lower it, it will be "exploited" again.
Sadly there is no setting for different payoutfees like under 20 VRM with 0.21 or anything.
If you wish you can lower your withdraw amount, but keep in mind that you will lose 0.41 VRM on each withdraw.

Happy mining, vrm2.poolinat0r.com will be comeing soon Smiley

Yeah, I complained about that a couple times, but I guess it is part of the plan:

Development Roadmap V1 - Released
The only thing I don't like so much is this for Verium (besides the fact it should be "than VeriCoin"):

Quote
At least 10x more costly to send then VeriCoin

Is there a game-theory/economic reason that this 10x fee must be the case? What would happen if we let the market decide the relative cost to send VRM vs. VRC? I'd like it if at least in the wallet we can set the fee to what we want. I've seen people before say that the fee drops for small VRM payments, but I'm waiting to hear someone try, because in my windows wallet the fee  appears to remain 0.2 VRM for any payment.


For most transactions the fee will be 0.2 VRM because it's a per kilobyte fee structure. The reasons for fee structure are as follows, and possible because of the Dual Blockchain system where Verium does not need to be a great currency.

-Inflation can get very low, very fast, because after a couple years with increased user growth, mining can be almost entirely fee based rewards. So no need to continue to inflate for decades to pay for security.

-As the reward drops more over time, pool mining becomes less and less practical because a greater fraction of your earnings will be lost in a pool withdrawal transaction fee. Additionally you will have to wait longer to perform a withdrawal when your earnings are significantly over fee. This may make most miners prefer solomining because the profit margins will be considerably better.

So in short this fee structure should help to increase value and decentralization to new levels.


We could see if more people actually solo mine because of this. If we can find the data for the percentage of total vrm hashrate that has been from pools over time we could see if it decreases or not.  Although interpreting that might be difficult.  Maybe a better measure would be to compare it to other coins with similar hashrate/profit numbers and see if vrm has more solo miners.
Is there really no way to manually set any fee, even in the linux version? I thought I received some from an exchange before with lower fees than than 0.2 but I have a bad memory  Wink

how did they "exploit" the lower fees when you used them for payouts?
hero member
Activity: 851
Merit: 556
vrm.poolinat0r.com - minimal withdraw amount change
Due massive increasement on the hashing powers, the minimal withdraw amount will get lowered to 50% = 15 VRM.
The withdraw fee for automatic payouts will remain on 0.41 VRM because it's range goes up to 78 VRM. As i mentioned some months ago, VRM has a "big" amount of fees for transactions, that's why i can't lower it. The pool is not useing sendmany or anything, all payouts are independent transations. If i lower it, it will be "exploited" again.
Sadly there is no setting for different payoutfees like under 20 VRM with 0.21 or anything.
If you wish you can lower your withdraw amount, but keep in mind that you will lose 0.41 VRM on each withdraw.

Happy mining, vrm2.poolinat0r.com will be comeing soon Smiley
hero member
Activity: 1148
Merit: 562
Blockchain Core Dev
A Troll Box on an exchange...

What do those idiots know?

got the point Wink
full member
Activity: 227
Merit: 100
A Troll Box on an exchange...

What do those idiots know?
full member
Activity: 227
Merit: 100
After technical problems poloniex, a lot of trader went to bittrex, it is really a good chance for vrm.

Problem as usual one, lots of promises, little concrete progress

Hashrate grows, price drops hmm
I never really liked poloniex, so I always went to bittrex. Less clutter on their website.
wgd
legendary
Activity: 1815
Merit: 1005
After technical problems poloniex, a lot of trader went to bittrex, it is really a good chance for vrm.

Problem as usual one, lots of promises, little concrete progress

Hashrate grows, price drops hmm
hero member
Activity: 1148
Merit: 562
Blockchain Core Dev
I've downloaded the verium vault 1.04 but I cant get a sync or connection.
Is there something else I need to do before mining?

Here is a short answer!
http://resources.vericoin.info/verium-conf-file/
member
Activity: 98
Merit: 10
I've downloaded the verium vault 1.04 but I cant get a sync or connection.
Is there something else I need to do before mining?
hero member
Activity: 1148
Merit: 562
Blockchain Core Dev
sr. member
Activity: 255
Merit: 250
it's awesome . This project is on the race. Price is rising up stably.
Today it's got some corrections but this is good chance to buy more coins.
hero member
Activity: 658
Merit: 500
When will the new wallet be published? It takes ages, life is not enough to realize a 1/10 roadmap ...  Roll Eyes Roll Eyes Roll Eyes

Patience....almost done Cool
wgd
legendary
Activity: 1815
Merit: 1005
When will the new wallet be published? It takes ages, life is not enough to realize a 1/10 roadmap ...  Roll Eyes Roll Eyes Roll Eyes
newbie
Activity: 69
Merit: 0
There was a problem with the pool, again highered some limitations because pool run into software limits again. Pool is working and miners are reconnecting.
excellent ..if it is being so now ...
full member
Activity: 243
Merit: 100
Is out there any mining calculator? im getting 26.29H/s but on the pool appears 1000-2000 H/min
sr. member
Activity: 434
Merit: 251
Just bought a nice bunch! Will follow this project now.
hero member
Activity: 658
Merit: 500
Im new to this coin and im trying to mine in http://vrm.poolinat0r.com and i have downloaded the cpuminer-opt 3.4.6 but i get this error: Scrypt buffer allocation failed.... should i use the 3.6.4 version?

Come join us in our slack https://vericoinandveriuminvite.herokuapp.com/

We can give you live tech support Cool
jr. member
Activity: 59
Merit: 10
Heya!
Just finished up my rig with the last 12 xu4 batch. Arrived today.
Power consumption is amazing for 9500h/m.




I like this picture . many small cpu setboxs are connected here.
How many coins you can collect from this rig per day? Thanks.
full member
Activity: 243
Merit: 100
Im new to this coin and im trying to mine in http://vrm.poolinat0r.com and i have downloaded the cpuminer-opt 3.4.6 but i get this error: Scrypt buffer allocation failed.... should i use the 3.6.4 version?
member
Activity: 148
Merit: 10
node added to %appdata%/vericoin\vericoin.conf
...but still 0 connections...
I need to write a firewall rule???

%appdata%     \Verium\verium.conf

just to clarify..
but Verium [VRM] it's vericoin...
right???
Verium Vault is the miner
http://www.vericoin.info/downloads/Verium_1.0.4_32bit.exe
Vericoin is the wallet
http://www.vericoin.info/downloads/VeriCoin_1.6.5.5_32bit.exe

if i'm wrong, i appreciate if you could explain better!!!
thank you :-)

UP UP UP!!!
no one can help???
i really don't understand...
any help will be appreciated


The same problem here
Pages:
Jump to: