Gulden bringing CPU mining back with SIGMA - page 3.

flappie

member

Activity: 87

Merit: 11

Quote from: BraveNewWorldz on November 12, 2019, 03:07:52 AM

Quote from: flappie on November 11, 2019, 08:32:22 AM

Quote from: BraveNewWorldz on November 11, 2019, 08:01:39 AM

Quote from: flappie on November 10, 2019, 01:30:22 PM

Quote from: Tsegicalicol on November 10, 2019, 02:24:39 AM

Quote from: john1010 on November 09, 2019, 08:42:50 AM

There's a lot of people who are hyped into mining are now suffered big time lost on their investment on GPU, CPU, HDD and ASIC mining, I bought Dozen of GPU but a month later, GPU mining collapse. For me much better to do trading and Masternode mining.

Witnessing is like masternodes. Different tech but u still earn with funds

Gulden witness is a completely decentralized solution while masternodes is a highly centralized technic, that's the big difference.

Strange this tech has not been promoted on media sites to garner more attention?

Maybe not the media sites that you are visiting

FB, reddit channels, Medium articles are written, linkedIn, slack channels, twitter, several telegramgroups and a little bit of Bitcointalk is used. But no paid advertorials if that is what you mean, There is no money for.

Thanks for your answers flappie, one more question. I have read the whitepaper but no mention of SegWit, has Gulden already implemented this, if you know?

Segwit is called Segsig at Gulden because it is an improved version of Segwit but with the same functionality (it squeeze the transaction by 58%). It is already in the code for a year but it isn't activated yet. Only when phase4 kicks in it will be activated. probably dec. 2019 - jan. 2020

BraveNewWorldz

newbie

Activity: 13

Merit: 0

Quote from: flappie on November 11, 2019, 08:32:22 AM

Quote from: BraveNewWorldz on November 11, 2019, 08:01:39 AM

Quote from: flappie on November 10, 2019, 01:30:22 PM

Quote from: Tsegicalicol on November 10, 2019, 02:24:39 AM

Quote from: john1010 on November 09, 2019, 08:42:50 AM

There's a lot of people who are hyped into mining are now suffered big time lost on their investment on GPU, CPU, HDD and ASIC mining, I bought Dozen of GPU but a month later, GPU mining collapse. For me much better to do trading and Masternode mining.

Witnessing is like masternodes. Different tech but u still earn with funds

Gulden witness is a completely decentralized solution while masternodes is a highly centralized technic, that's the big difference.

Strange this tech has not been promoted on media sites to garner more attention?

Maybe not the media sites that you are visiting

FB, reddit channels, Medium articles are written, linkedIn, slack channels, twitter, several telegramgroups and a little bit of Bitcointalk is used. But no paid advertorials if that is what you mean, There is no money for.

Thanks for your answers flappie, one more question. I have read the whitepaper but no mention of SegWit, has Gulden already implemented this, if you know?

flappie

member

Activity: 87

Merit: 11

CPU mining Gulden. Look at the distribution chart. 260 individual solo miners per day. Mining as Satoshi intended.

BraveNewWorldz

newbie

Activity: 13

Merit: 0

Quote from: flappie on November 11, 2019, 08:32:22 AM

Quote from: BraveNewWorldz on November 11, 2019, 08:01:39 AM

Quote from: flappie on November 10, 2019, 01:30:22 PM

Quote from: Tsegicalicol on November 10, 2019, 02:24:39 AM

Quote from: john1010 on November 09, 2019, 08:42:50 AM

There's a lot of people who are hyped into mining are now suffered big time lost on their investment on GPU, CPU, HDD and ASIC mining, I bought Dozen of GPU but a month later, GPU mining collapse. For me much better to do trading and Masternode mining.

Witnessing is like masternodes. Different tech but u still earn with funds

Gulden witness is a completely decentralized solution while masternodes is a highly centralized technic, that's the big difference.

Strange this tech has not been promoted on media sites to garner more attention?

Maybe not the media sites that you are visiting

FB, reddit channels, Medium articles are written, linkedIn, slack channels, twitter, several telegramgroups and a little bit of Bitcointalk is used. But no paid advertorials if that is what you mean, There is no money for.

Explains why the coin is at this dirt cheap price. Diamond in the rough but makes it very risky as windows of opportunity don't last forever to make a name for yourself in this industry.

flappie

member

Activity: 87

Merit: 11

Quote from: BraveNewWorldz on November 11, 2019, 08:01:39 AM

Quote from: flappie on November 10, 2019, 01:30:22 PM

Quote from: Tsegicalicol on November 10, 2019, 02:24:39 AM

Quote from: john1010 on November 09, 2019, 08:42:50 AM

There's a lot of people who are hyped into mining are now suffered big time lost on their investment on GPU, CPU, HDD and ASIC mining, I bought Dozen of GPU but a month later, GPU mining collapse. For me much better to do trading and Masternode mining.

Witnessing is like masternodes. Different tech but u still earn with funds

Gulden witness is a completely decentralized solution while masternodes is a highly centralized technic, that's the big difference.

Strange this tech has not been promoted on media sites to garner more attention?

Maybe not the media sites that you are visiting

FB, reddit channels, Medium articles are written, linkedIn, slack channels, twitter, several telegramgroups and a little bit of Bitcointalk is used. But no paid advertorials if that is what you mean, There is no money for.

BraveNewWorldz

newbie

Activity: 13

Merit: 0

Quote from: flappie on November 10, 2019, 01:30:22 PM

Quote from: Tsegicalicol on November 10, 2019, 02:24:39 AM

Quote from: john1010 on November 09, 2019, 08:42:50 AM

There's a lot of people who are hyped into mining are now suffered big time lost on their investment on GPU, CPU, HDD and ASIC mining, I bought Dozen of GPU but a month later, GPU mining collapse. For me much better to do trading and Masternode mining.

Witnessing is like masternodes. Different tech but u still earn with funds

Gulden witness is a completely decentralized solution while masternodes is a highly centralized technic, that's the big difference.

Strange this tech has not been promoted on media sites to garner more attention?

flappie

member

Activity: 87

Merit: 11

Quote from: Tsegicalicol on November 10, 2019, 02:24:39 AM

Quote from: john1010 on November 09, 2019, 08:42:50 AM

There's a lot of people who are hyped into mining are now suffered big time lost on their investment on GPU, CPU, HDD and ASIC mining, I bought Dozen of GPU but a month later, GPU mining collapse. For me much better to do trading and Masternode mining.

Witnessing is like masternodes. Different tech but u still earn with funds

Gulden witness is a completely decentralized solution while masternodes is a highly centralized technic, that's the big difference.

BraveNewWorldz

newbie

Activity: 13

Merit: 0

Quote from: Marvell2 on November 08, 2019, 01:54:07 AM

Quote from: flappie on November 04, 2019, 07:27:00 AM

Here are some figures for Gulden CPU mining:
Now mining 269 individual miners.
Minimal 182 miners found a block the last 24h
There are 581 Blocks mined the last 24H. So you can see the wealth is widely spread and not clustered to a dozen of miners.
see https://www.dactual.com/minedby.php

a manual for mining: https://medium.com/coinmonks/mining-gulden-d4fe8c690939

But even more interesting than mining is witnessing with Gulden

a manual for witnessing: https://medium.com/@aat.de.kwaasteniet/gulden-witnessing-163cb0eae289

witnessing u have to lock up your coins for 3 years to get the max of six percent yuck

its only good for the olds school gulden whales and probably devs

At the price of this coin anyone can become a whale, not easy for any coin in the top 20.

Going to look at the reward cycle for halvings or % reduction along with max coins and if it looks good i will gulp a % or 2 down myself.

BraveNewWorldz

newbie

Activity: 13

Merit: 0

Quote from: john1010 on November 10, 2019, 07:44:20 AM

Quote from: Tsegicalicol on November 10, 2019, 02:24:39 AM

Quote from: john1010 on November 09, 2019, 08:42:50 AM

There's a lot of people who are hyped into mining are now suffered big time lost on their investment on GPU, CPU, HDD and ASIC mining, I bought Dozen of GPU but a month later, GPU mining collapse. For me much better to do trading and Masternode mining.

Witnessing is like masternodes. Different tech but u still earn with funds

Yup exactly, Masternode is the most safe and so far profitable type of technology in mining.

You masternoding with Dash or Syscoin?

The read the whitepaper for this coin and it looks like this witnessing is safer then masternodes with equal marketcaps in terms of attacks , but Masternodes provides more privacy.

john1010

hero member

Activity: 2114

Merit: 562

Quote from: Tsegicalicol on November 10, 2019, 02:24:39 AM

Quote from: john1010 on November 09, 2019, 08:42:50 AM

There's a lot of people who are hyped into mining are now suffered big time lost on their investment on GPU, CPU, HDD and ASIC mining, I bought Dozen of GPU but a month later, GPU mining collapse. For me much better to do trading and Masternode mining.

Witnessing is like masternodes. Different tech but u still earn with funds

Yup exactly, Masternode is the most safe and so far profitable type of technology in mining.

Tsegicalicol

jr. member

Activity: 65

Merit: 1

Quote from: john1010 on November 09, 2019, 08:42:50 AM

There's a lot of people who are hyped into mining are now suffered big time lost on their investment on GPU, CPU, HDD and ASIC mining, I bought Dozen of GPU but a month later, GPU mining collapse. For me much better to do trading and Masternode mining.

Witnessing is like masternodes. Different tech but u still earn with funds

john1010

hero member

Activity: 2114

Merit: 562

There's a lot of people who are hyped into mining are now suffered big time lost on their investment on GPU, CPU, HDD and ASIC mining, I bought Dozen of GPU but a month later, GPU mining collapse. For me much better to do trading and Masternode mining.

flappie

member

Activity: 87

Merit: 11

Here is a new report about Mining Gulden https://docs.google.com/document/d/1glOMiPwR4FTuni_yEXoFcbXf2xf9QsvA5_01Dx_1KUE/edit?usp=sharing

CryptoObserver

member

Activity: 91

Merit: 12

Quote from: Tsegicalicol on November 08, 2019, 11:46:24 AM

Quote from: Marvell2 on November 08, 2019, 01:54:07 AM

Quote from: flappie on November 04, 2019, 07:27:00 AM

Here are some figures for Gulden CPU mining:
Now mining 269 individual miners.
Minimal 182 miners found a block the last 24h
There are 581 Blocks mined the last 24H. So you can see the wealth is widely spread and not clustered to a dozen of miners.
see https://www.dactual.com/minedby.php

a manual for mining: https://medium.com/coinmonks/mining-gulden-d4fe8c690939

But even more interesting than mining is witnessing with Gulden

a manual for witnessing: https://medium.com/@aat.de.kwaasteniet/gulden-witnessing-163cb0eae289

witnessing u have to lock up your coins for 3 years to get the max of six percent yuck

its only good for the olds school gulden whales and probably devs

The Witness rewards are going up 50% which will make the rate 9%, compared to Euro savings interest rate of 0% Wink

, if you suck at trading and want more coins for the long terms it's a good way to go.

Fiat currencies only decrease in purchasing power over time, alt coins could be higher in 3 years, which could increase the 9% to over 100% depending on the value of coin after 3 years.

Tsegicalicol

jr. member

Activity: 65

Merit: 1

Quote from: Marvell2 on November 08, 2019, 01:54:07 AM

Quote from: flappie on November 04, 2019, 07:27:00 AM

Here are some figures for Gulden CPU mining:
Now mining 269 individual miners.
Minimal 182 miners found a block the last 24h
There are 581 Blocks mined the last 24H. So you can see the wealth is widely spread and not clustered to a dozen of miners.
see https://www.dactual.com/minedby.php

a manual for mining: https://medium.com/coinmonks/mining-gulden-d4fe8c690939

But even more interesting than mining is witnessing with Gulden

a manual for witnessing: https://medium.com/@aat.de.kwaasteniet/gulden-witnessing-163cb0eae289

witnessing u have to lock up your coins for 3 years to get the max of six percent yuck

its only good for the olds school gulden whales and probably devs

The Witness rewards are going up 50% which will make the rate 9%, compared to Euro savings interest rate of 0% Wink

, if you suck at trading and want more coins for the long terms it's a good way to go.

Marvell2

full member

Activity: 1148

Merit: 132

Quote from: flappie on November 04, 2019, 07:27:00 AM

Here are some figures for Gulden CPU mining:
Now mining 269 individual miners.
Minimal 182 miners found a block the last 24h
There are 581 Blocks mined the last 24H. So you can see the wealth is widely spread and not clustered to a dozen of miners.
see https://www.dactual.com/minedby.php

a manual for mining: https://medium.com/coinmonks/mining-gulden-d4fe8c690939

But even more interesting than mining is witnessing with Gulden

a manual for witnessing: https://medium.com/@aat.de.kwaasteniet/gulden-witnessing-163cb0eae289

witnessing u have to lock up your coins for 3 years to get the max of six percent yuck

its only good for the olds school gulden whales and probably devs

Tsegicalicol

jr. member

Activity: 65

Merit: 1

The main developer also released an article today on SIGMA's performance combined with Witnessing and how secure it is. This is why this coin is worth mining as it's backed by really top development.

https://medium.com/@MacLeod_MJ_za/a-post-launch-look-at-sigma-performance-70794d835b8c

flappie

member

Activity: 87

Merit: 11

Here are some figures for Gulden CPU mining:
Now mining 269 individual miners.
Minimal 182 miners found a block the last 24h
There are 581 Blocks mined the last 24H. So you can see the wealth is widely spread and not clustered to a dozen of miners.
see https://www.dactual.com/minedby.php

a manual for mining: https://medium.com/coinmonks/mining-gulden-d4fe8c690939

But even more interesting than mining is witnessing with Gulden

a manual for witnessing: https://medium.com/@aat.de.kwaasteniet/gulden-witnessing-163cb0eae289

joblo

legendary

Activity: 1470

Merit: 1114

A problem I see with CPU coins is that many use measures that limit their appeal,
kind of self defeating IMO. Whether intentional or not they remain ASIC resistent by
staying under the radar.

Changing algos frequently is not a good strategy. It creates more work for miners to keep up.
Every fork is a race to get the new miner up and running before everyone else.

Some of the new CPU algos ar every interesting as they use permutable algorithms. In effect,
they don't hash data, they hash code. The blockheader data is treated as a program that must
be compiled and executed to produce the hash. everytime the data changes it must be recompiled.

In effect this means an ASIC would have to be a form of CPU, a lot more complex to implement
than a static algorithm.

joblo

legendary

Activity: 1470

Merit: 1114

Quote from: HuangWan on October 31, 2019, 01:11:59 PM

Does anyone know if Yobit exchange is scam exchange? I can trade on this one. Have asked for them to confirm if Gulden wallet is working but no reply. I don't understand why this coin not on any main Asian exchanges.

Edit: Yobit looks to be Scam exchange
https://bitcointalksearch.org/topic/yobit-scam-exchange-4327871

Considering how many exchanges have crashed and burned in scandal Yobit has been around for several years,
that says something. I haven't been burned by Yobit but I wouldn't call it a well run exchange.

Topic: Gulden bringing CPU mining back with SIGMA - page 3. (Read 1810 times)