I need to pick someone's brain about solo mining PEERCOIN with S7's
For whatever reason I just cannot get it going and yes, I'm running a full node with plenty of incoming connections. The router is configured properly. It a matter of getting the miners to talk to the node/wallet. and yes again, I'm running the latest version v0.5.2
If someone is mining PEERCOIN with their S5 or S7, please post your ppcoin.conf file, and what you use for the URL to talk to the wallet.
Thanks
BTW.... My head hurts from beating it on the keyboard....
http://ppcoin.securepayment.cc/Yeah.... I have a few pointed there at the moment, BUT..... there is still a "middle man" in the mix. Someone I don't know, its a very small solo pool, kinda new, etc... with how much scamming there is surrounding cryptocurrencies, I'm very leery with just about everything. The less people with their fingers in the pie the better security and stronger the network.
With PPC being a low enough diff and I have most definitely enough hash-power here, I could make solo mining worth while.... but, I would like to cut out the middle man and mine TRUE SOLO .... using the full wallet/node.
Not only to satisfy my paranoia (puts on his tinfoil has and twiddles his fingers while looking slyly out the window from behind the closes blinds)........ but also to learn... err ... relearn, how to solo mine. I did it years ago with other coins. The wife giving me gray hair and plenty of stress, the whisky and the drugs the doc wants me to take equals : "Duh.... I don't remember sh!t anymore" and the stuff that I find online is soooooo outdated.
So, to be helpful and educational, could someone could post their ppcoin.conf file and their miner settings (URL and port #), what ports to forward at the router --- there seems to be A LOT of confusion on RPC port and the "network" port posted online IE 9901, 9902, now 9903 and 9904 I've seen mentioned more recently.
Thanks
i tired for a couple of hours to mine from the ppcoind client on linux.. it always showed DEAD on the miner :/
i pointed my 2 s5s on here, each one has found blocks so far..
i think that is more then they would have found mining bitcoin and still a couple weeks left.
ive also mined on the digitalcoin one.. i found like 80 some blocks so far on that.
Digitalcoin is --->not<--- one of the coins I see frequently bettering BTC.
DGC gets to the top of the charts yes, but in little flash moments, then it will go rest down among the unprofitable coins. DGC's rapid movement is probably due to automated pump and dumps. You would be holding DGC for a far longer time, putting the DGC into an exchange with a sell order at a high amount, HOPING for another pump and dump to come along in which it would trigger your sell order and you become rich (rrrrright). It's a good solution if you have the ability to wait - IE, not have to pay the electric or rent. However, it also puts you at greater risk for your stash of DGC to vanish due to an exchange hack, or a crooked exchange op claiming a hack, or hardware failure without a proper backup etc... Just look at Cryptsy, or the questionable happening currently at iSpace.co.uk .... a hardware crash without backup and mined coins went !poof!
Peercoin, Bitcoin and Mazacoin are usually in the top 5 coins, Its gets a little more fluid and muddy with number 4 and 5.
As I've said before, There is not one coin that remains consistently above BTC, its more or less a random rotation around BTC, but there is a definite select few that are in the rotation. Those are the coins I've been following by randomly timed noting their position within the top 5, of which I'll soon make a 1 month chart, then in the future a 2 mo, and 3 mo chart to show which coins are consistent more in rotation around BTC, then develop a "round robin" mining / investment approach.
BTC is no longer the most profitable. BTC, however, is the most consistent coin for short term mining, IE: mine today, cash out today. Where as the others are mine today, place the coins into cold storage or in an exchange with a sell order and wait till it rotates back above BTC's value - which does not take long usually less than 48hrs - automatically cashing out that coin for BTC which then is far easier to exchange for fiat. Not to mention more secure in my case because I only use one BTC exchange to convert to USD, where as the other coins have to be exchanged on many other exchanges.... why have your personal and banking data spread all around the world? Not to mention that I do not store ANY coins on the web, they are all mined then transfered to cold storage unless placed on an exchange with a sell order.
Its just a hair bit more work than set it and forget it BTC mining, but for a 10%, 15%.... 25% or more increase in profit over BTC, its worth the few extra mouse clicks.
Mining is profit investing now.... not just mine and cashing out.