Topic: Gulden bringing CPU mining back with SIGMA (Read 1797 times)
This is one of the PoW coins I had when it was new today this coin is suffering due to lack of volume and liquidity on and that's on the team to be blame, what have you guys been doing all this while? Even on bittrex exchange the volume is not up to 3000$ I guess it's just another shit pow coin.
Did anyone has a Tutorial how to mine Gulden on Linux with CLI ?
I cant find any option in the wallet. Also there is no docu on this !
I cant find any option in the wallet. Also there is no docu on this !
Theres not all that much to it, you just run an daemon like normal, use 'createminingaccount' once to create an account and 'setgenerate' to turn mining on/off.
createminingaccount "name"
Create an account, the currently active seed will be used to create the account.
Arguments:
1. "name" (string) Specify the label for the account.
setgenerate generate ( gen_proc_limit )
Set 'generate' true or false to turn generation on or off.
Generation is limited to 'gen_proc_limit' processors, -1 is unlimited.
See the getgenerate call for the current setting.
Arguments:
1. generate (boolean, required) Set to true to turn on generation, off to turn off.
2. gen_proc_limit (numeric, optional) Set the processor limit for when generation is on. Can be -1 for unlimited.
3. gen_memory_limit (string, optional) How much system memory to use, specify a letter G/M/K/B to determine size e.g. 524288K (Kilobytes), 512M (Megabytes), 3G (Gigabytes), defaults to bytes if no specifier given . Empty for automatic selection.
4. account (string, optional) The UUID or unique label of the account.
care to explain more pls how to mining gulden using cli ??
Will create two witness accounts when the price settles. Want to buy 250k coins for around $0.013. Should hit this price next week with the btc correction.
Did anyone has a Tutorial how to mine Gulden on Linux with CLI ?
I cant find any option in the wallet. Also there is no docu on this !
I cant find any option in the wallet. Also there is no docu on this !
Theres not all that much to it, you just run an daemon like normal, use 'createminingaccount' once to create an account and 'setgenerate' to turn mining on/off.
createminingaccount "name"
Create an account, the currently active seed will be used to create the account.
Arguments:
1. "name" (string) Specify the label for the account.
setgenerate generate ( gen_proc_limit )
Set 'generate' true or false to turn generation on or off.
Generation is limited to 'gen_proc_limit' processors, -1 is unlimited.
See the getgenerate call for the current setting.
Arguments:
1. generate (boolean, required) Set to true to turn on generation, off to turn off.
2. gen_proc_limit (numeric, optional) Set the processor limit for when generation is on. Can be -1 for unlimited.
3. gen_memory_limit (string, optional) How much system memory to use, specify a letter G/M/K/B to determine size e.g. 524288K (Kilobytes), 512M (Megabytes), 3G (Gigabytes), defaults to bytes if no specifier given . Empty for automatic selection.
4. account (string, optional) The UUID or unique label of the account.
Did anyone has a Tutorial how to mine Gulden on Linux with CLI ?
I cant find any option in the wallet. Also there is no docu on this !
I cant find any option in the wallet. Also there is no docu on this !
Would be nice if you did not need a wallet on every pc on your network to mine this , or if it had a dashboard or cli command even to show the total for your mining account since all my cpus mine to the same acct
yes this would be great.... you just import in every wallet ur seed and synch and start mining or something else to do?
Distribution of mining rewards is still fantastic. No pools with 30% influence. Only solomining, Only CPU mining.
Here is the manual https://medium.com/coinmonks/mining-gulden-d4fe8c690939
Here is the manual https://medium.com/coinmonks/mining-gulden-d4fe8c690939
Would be nice if you did not need a wallet on every pc on your network to mine this , or if it had a dashboard or cli command even to show the total for your mining account since all my cpus mine to the same acct
Any updates coming soon for this coin?
That's an ongoing process, yesterday a new version of the desktop wallets is rolled out.
https://github.com/Gulden/gulden-official/releases/tag/v2.1.0.22
UI - Performance improvement when syncing with a wallet that has a witness account and lots of transactions
UI - Introduce a way to show/hide orphan transactions in account transaction list
UI - Transaction list export functionality, and button for account transaction list export
UI - Add a context menu item to remove all orphan transactions for an account
UI - New 'recipient' input field and related functionality for IBAN payments
CORE - Fix an issue with reporting of peer IPv6 addresses
CORE - Fix an issue with dual IPv6/IPv4 binds
CORE - Fix an issue when binding multiple listening sockets
Especially the IBAN function is important. It is now possible to send Gulden from the wallet directly to every IBAN account. The conversion from Gulden to euro is carried out automatically in the background.
The mobile wallets has this functionality all for month and now also into the desktop wallets.
If you want be get the news directly comes to slack https://gulden.com/en#support
It's a real shame scams are hiding this project from the rest of the world. They marketing the real coins like this out of sight.
Any updates coming soon for this coin?
That's an ongoing process, yesterday a new version of the desktop wallets is rolled out.
https://github.com/Gulden/gulden-official/releases/tag/v2.1.0.22
UI - Performance improvement when syncing with a wallet that has a witness account and lots of transactions
UI - Introduce a way to show/hide orphan transactions in account transaction list
UI - Transaction list export functionality, and button for account transaction list export
UI - Add a context menu item to remove all orphan transactions for an account
UI - New 'recipient' input field and related functionality for IBAN payments
CORE - Fix an issue with reporting of peer IPv6 addresses
CORE - Fix an issue with dual IPv6/IPv4 binds
CORE - Fix an issue when binding multiple listening sockets
Especially the IBAN function is important. It is now possible to send Gulden from the wallet directly to every IBAN account. The conversion from Gulden to euro is carried out automatically in the background.
The mobile wallets has this functionality all for month and now also into the desktop wallets.
If you want be get the news directly comes to slack https://gulden.com/en#support
Any updates coming soon for this coin?
Looks like others had the same idea as me. Still holding the fiat until bitcoin is around $6600 but Gulden appears to be getting more support than the rest of the coins. Moved up 30 places on cmc since bitcoin started crashing.
A million coins between $0.005000 and $0.006000 will be a good deal.
A million coins between $0.005000 and $0.006000 will be a good deal.
Probably you will never buy Gulden. If the price decline to $0,006 you wait til $0,005 and if there, you wil be waiting til $0,004 and so on. It's a pitty because i think the price is at the bottom now.
I have purchased 25% of my fiat crypto holdings into bitcoin at $6736, if it goes below $6000 I buy another 25%. Now I wait until the bitcoin price jumps over $8000 and I noticed the Gulden price drops to 80-90sat, this is how I will buy between $0.005 and $0,006.
Smart move, bitcoin back over $7000.
We'll see.
Looks like others had the same idea as me. Still holding the fiat until bitcoin is around $6600 but Gulden appears to be getting more support than the rest of the coins. Moved up 30 places on cmc since bitcoin started crashing.
A million coins between $0.005000 and $0.006000 will be a good deal.
A million coins between $0.005000 and $0.006000 will be a good deal.
Probably you will never buy Gulden. If the price decline to $0,006 you wait til $0,005 and if there, you wil be waiting til $0,004 and so on. It's a pitty because i think the price is at the bottom now.
I have purchased 25% of my fiat crypto holdings into bitcoin at $6736, if it goes below $6000 I buy another 25%. Now I wait until the bitcoin price jumps over $8000 and I noticed the Gulden price drops to 80-90sat, this is how I will buy between $0.005 and $0,006.
Smart move, bitcoin back over $7000.
Witness Account performance
I setup 2 accounts for 18 month time period.
1. 10k
2. 50k.
After first 3 months the 10k witness account only made 40, the 50k witness account made 440 coins. 50k/10k * 40 = 200nlg if I created 5 10k accounts over same time.
It is better to have 1 account with larger amount then 5 accounts adding up to the same amount. This is a well designed system, going to try 100k for 18 months and will report back on performance.
I setup 2 accounts for 18 month time period.
1. 10k
2. 50k.
After first 3 months the 10k witness account only made 40, the 50k witness account made 440 coins. 50k/10k * 40 = 200nlg if I created 5 10k accounts over same time.
It is better to have 1 account with larger amount then 5 accounts adding up to the same amount. This is a well designed system, going to try 100k for 18 months and will report back on performance.
I can confirm this is the case. The more you risk in witness the more gains you get. This is how the banking system works but at least you have control of your coins with Gulden. My 125000 account is earning about 6.2% interest and my 25 000 account 2.8% interest, both earning more then what I would get in a Dutch bank and my main account earning more then most shares.
However the above does not take into account a price increase but if their is a price decrease the witnessing offsets some of the damage.
Witness Account performance
I setup 2 accounts for 18 month time period.
1. 10k
2. 50k.
After first 3 months the 10k witness account only made 40, the 50k witness account made 440 coins. 50k/10k * 40 = 200nlg if I created 5 10k accounts over same time.
It is better to have 1 account with larger amount then 5 accounts adding up to the same amount. This is a well designed system, going to try 100k for 18 months and will report back on performance.
I setup 2 accounts for 18 month time period.
1. 10k
2. 50k.
After first 3 months the 10k witness account only made 40, the 50k witness account made 440 coins. 50k/10k * 40 = 200nlg if I created 5 10k accounts over same time.
It is better to have 1 account with larger amount then 5 accounts adding up to the same amount. This is a well designed system, going to try 100k for 18 months and will report back on performance.
Looks like others had the same idea as me. Still holding the fiat until bitcoin is around $6600 but Gulden appears to be getting more support than the rest of the coins. Moved up 30 places on cmc since bitcoin started crashing.
A million coins between $0.005000 and $0.006000 will be a good deal.
A million coins between $0.005000 and $0.006000 will be a good deal.
Probably you will never buy Gulden. If the price decline to $0,006 you wait til $0,005 and if there, you wil be waiting til $0,004 and so on. It's a pitty because i think the price is at the bottom now.
I have purchased 25% of my fiat crypto holdings into bitcoin at $6736, if it goes below $6000 I buy another 25%. Now I wait until the bitcoin price jumps over $8000 and I noticed the Gulden price drops to 80-90sat, this is how I will buy between $0.005 and $0,006.
Looks like others had the same idea as me. Still holding the fiat until bitcoin is around $6600 but Gulden appears to be getting more support than the rest of the coins. Moved up 30 places on cmc since bitcoin started crashing.
A million coins between $0.005000 and $0.006000 will be a good deal.
A million coins between $0.005000 and $0.006000 will be a good deal.
Probably you will never buy Gulden. If the price decline to $0,006 you wait til $0,005 and if there, you wil be waiting til $0,004 and so on. It's a pitty because i think the price is at the bottom now.
Waiting for Gulden to go to $0.005000 on coinmarketcap before I step in with large amounts of fiat to btc , btc to NLG.
BTC will go down to about 6-7k and I don't see Gulden moving above 100 sat.
BTC will go down to about 6-7k and I don't see Gulden moving above 100 sat.
I will go balls deep into this coin @ $0.005000. Also won't be selling any of my mining rewards until $0.10000
Looks like others had the same idea as me. Still holding the fiat until bitcoin is around $6600 but Gulden appears to be getting more support than the rest of the coins. Moved up 30 places on cmc since bitcoin started crashing.
A million coins between $0.005000 and $0.006000 will be a good deal.
Waiting for Gulden to go to $0.005000 on coinmarketcap before I step in with large amounts of fiat to btc , btc to NLG.
BTC will go down to about 6-7k and I don't see Gulden moving above 100 sat.
BTC will go down to about 6-7k and I don't see Gulden moving above 100 sat.
I will go balls deep into this coin @ $0.005000. Also won't be selling any of my mining rewards until $0.10000
Besides development I admire Malcolm and Willem for the type of characters they are. I read a couple of wealthier coins in the top 100 tried to recruit Malcolm in the past and he would of been a lot richer today if he went to develop for them. I am impressed they stick it out with Rijk who isn't rich and a community that does not have deep pockets.
I have seen more money at a colonias community gathering then the entire Gulden community.
I like this coin because it has room to grow. Only 3 exchanges and not many know about it. No marketing, not seen any Gulden leaders at conferences I watch, feels like Dash when it was still Dark coin where the developers don't show themselves in public places.
Waiting for Gulden to go to $0.005000 on coinmarketcap before I step in with large amounts of fiat to btc , btc to NLG.
BTC will go down to about 6-7k and I don't see Gulden moving above 100 sat.
BTC will go down to about 6-7k and I don't see Gulden moving above 100 sat.
Besides development I admire Malcolm and Willem for the type of characters they are. I read a couple of wealthier coins in the top 100 tried to recruit Malcolm in the past and he would of been a lot richer today if he went to develop for them. I am impressed they stick it out with Rijk who isn't rich and a community that does not have deep pockets.
I have seen more money at a colonias community gathering then the entire Gulden community.
Besides development I admire Malcolm and Willem for the type of characters they are. I read a couple of wealthier coins in the top 100 tried to recruit Malcolm in the past and he would of been a lot richer today if he went to develop for them. I am impressed they stick it out with Rijk who isn't rich and a community that does not have deep pockets.
Can smart contracts be created on this blockchain?
No, not in the same way as ETH or other smart contract platform. Gulden has the same functionality as Bitcoin for this purpose.
Can smart contracts be created on this blockchain?
I will stay mining this coin because they have some development going and it's profitable for me. A warning to poorer miners who need to sell, at these low sat prices you will need about 600 coins to sell on bittrex as they have a minimum trade limit. I plan to hold because the roaring 20s are coming and cryptos are going to pump hard.
I setup a Link between my S10 and desktop wallet last night. Found the below article from one of the other articles posted earlier on this announcement.
Why the fuck doesn't this get more press? It's a brilliant feature!!
https://medium.com/@aat.de.kwaasteniet/gulden-mobile-wallet-linking-to-desktop-wallet-eff117eb208f
Why the fuck doesn't this get more press? It's a brilliant feature!!
https://medium.com/@aat.de.kwaasteniet/gulden-mobile-wallet-linking-to-desktop-wallet-eff117eb208f
SuperOrca why don't you stick to coins that have all the money behind them instead of bringing down people who want something different from crypto.
The people that invest in this coin are generally the same people you will find are slightly above those in the US on food stamps. This is why CPU mining was required as some people can't afford graphics cards on the welfare system. With all the nodes they have with such a low marketcap on CMC, you know you not dealing with wall street bankers here.
A good Litmus test... place a .5 btc buy order at 92 satoshi and watch these savages dump for a .2% btc profit. I tested this in the past and I am sure it hasn't changed.
A good Litmus test... place a .5 btc buy order at 92 satoshi and watch these savages dump for a .2% btc profit. I tested this in the past and I am sure it hasn't changed.
I am mining with 11.4 mh/s in total according to the wallet stats, mined 2 blocks the first 24hrs. I will see how the next 24hrs go.
Also quite surprised this coin does not have any institutional investors or business partners with the innovation in place?
Also quite surprised this coin does not have any institutional investors or business partners with the innovation in place?
3 blocks in 16 hrs atm.
I am mining with 11.4 mh/s in total according to the wallet stats, mined 2 blocks the first 24hrs. I will see how the next 24hrs go.
Also quite surprised this coin does not have any institutional investors or business partners with the innovation in place?
Also quite surprised this coin does not have any institutional investors or business partners with the innovation in place?
Nice profits, not;
https://www.dactual.com/miningcalculator.php
2000khs (2mh/s) is what a regular laptop with i7 will do, mining at loss?
https://www.dactual.com/miningcalculator.php
2000khs (2mh/s) is what a regular laptop with i7 will do, mining at loss?
2Mh/s gives about 1 block per day. That's €0,35. if your laptop consumes about 50 watt (in mining condition i mean), it uses 1,2kWh per day and cost you about €0,30 (In the Netherlands). So it's no mining at loss but with a small profit of €0,05/day
The mining calculator is a little bit conservative. 
Nice profits, not;
https://www.dactual.com/miningcalculator.php
2000khs (2mh/s) is what a regular laptop with i7 will do, mining at loss?
https://www.dactual.com/miningcalculator.php
2000khs (2mh/s) is what a regular laptop with i7 will do, mining at loss?
https://www.dactual.com/nodemaps.php
Because of CPU solomining and witness Gulden has more nodes than TRON, Dogecoin, NEM, Bitcoin SV, XRP, Digibyte and so on
Here the list https://docs.google.com/spreadsheets/d/1tTq6tJRXywBWZ1r41DkcIEKqDLhCVKvGYv3q1uBcj08/edit?usp=sharing
Because of CPU solomining and witness Gulden has more nodes than TRON, Dogecoin, NEM, Bitcoin SV, XRP, Digibyte and so on
Here the list https://docs.google.com/spreadsheets/d/1tTq6tJRXywBWZ1r41DkcIEKqDLhCVKvGYv3q1uBcj08/edit?usp=sharing
This coin can really use better exchanges, this is holding the price down. Community and devs should get some funding together for listings. Otherwise it looks like Gulden is a solid choice for investment, can't fault this project in other ways.
I don't necessarily agree with you. Gulden has invested in the best possible link between Gulden and the Euro via Nocks.com. That's why you can easily buy Gulden in the wallet with Euro and also sell Gulden for Euro. You can transfer money from the Gulden wallet to any IBAN bank account. This is the link that matters if you want to become a generally accepted payment system as Gulden wants to be.
Presence on multiple (crypto)exchanges, like we are now on Bittrex, will indeed have an attracting effect on people who trade between cryptocurrencies. So this is for whom the price is the only thing that matters. But that's not the target group. We want to reach the ordinary man who is going to make his daily purchases with Gulden. In fact, to be listed on Binance, for example, costs about 100,000 euros. That kind of listings(fees) isn't where we are waiting for.
Gulden is different in all area's
Fair play to the community of this coin, majority of the coins/assets is based on greed and people will do anything to make themselves look the best "fake it until you make it". That being said Binance is pushing the boundaries when it comes to the crypto financial services it offers. The 100,000 Euros will be offset by the marketcap of the coin which will go up 3 to 4 times the current value and this would bring more awareness to this project. A high price beats any marketing to attract new people.
I will buy some coins because the upside potential is the best I have seen if the normal avenues of creating awareness is eventually sort after by the community.
just for fun a tried this wallet/miner on two of my "better" cpu for 6 hours , but for some reason i did not received any rewards 
there is no place to see your mining process/hashrate nowhere on the internet, only i was able to see on my wallet , but the hard works rewards never arrived
i7-5960X average hashrate was: 5.6MH/s ,used 8 threads and 4096MB mem under mining settings
i9-7980XE average hashrate was 13,2MH/s , used 28 Thread and 4096 mem under mining settings
So what i was doing wrong ? CPU usage was on 95-100% all the time in both case . But no rewards at all ?
Did i just mined for any of the dev for free ? used my electricity as a donation ?
How long is take to see any rewards ? If we can get at all
there is no place to see your mining process/hashrate nowhere on the internet, only i was able to see on my wallet , but the hard works rewards never arrived i7-5960X average hashrate was: 5.6MH/s ,used 8 threads and 4096MB mem under mining settings
i9-7980XE average hashrate was 13,2MH/s , used 28 Thread and 4096 mem under mining settings
So what i was doing wrong ?
CPU usage was on 95-100% all the time in both case . But no rewards at all ?Did i just mined for any of the dev for free ? used my electricity as a donation ?
How long is take to see any rewards ? If we can get at all
Their is only +- 580 blocks a day and you up against a lot of other miners. You would need your systems going for at least 24 hrs.
Total hash rate you can find over here.
https://www.dactual.com/network.php
It's showing 1203.08 Mh/s atm / by your total hash 13.2 + 5.6 = A block every 64 blocks on average.
I would run it for 48 hrs and see what you get.
just for fun a tried this wallet/miner on two of my "better" cpu for 6 hours , but for some reason i did not received any rewards there is no place to see your mining process/hashrate nowhere on the internet, only i was able to see on my wallet , but the hard works rewards never arrived
i7-5960X average hashrate was: 5.6MH/s ,used 8 threads and 4096MB mem under mining settings
i9-7980XE average hashrate was 13,2MH/s , used 28 Thread and 4096 mem under mining settings
So what i was doing wrong ? CPU usage was on 95-100% all the time in both case . But no rewards at all ?
Did i just mined for any of the dev for free ? used my electricity as a donation ?
How long is take to see any rewards ? If we can get at all
there is no place to see your mining process/hashrate nowhere on the internet, only i was able to see on my wallet , but the hard works rewards never arrived i7-5960X average hashrate was: 5.6MH/s ,used 8 threads and 4096MB mem under mining settings
i9-7980XE average hashrate was 13,2MH/s , used 28 Thread and 4096 mem under mining settings
So what i was doing wrong ?
CPU usage was on 95-100% all the time in both case . But no rewards at all ?Did i just mined for any of the dev for free ? used my electricity as a donation ?
How long is take to see any rewards ? If we can get at all
https://www.dactual.com/nodemaps.php
Because of CPU solomining and witness Gulden has more nodes than TRON, Dogecoin, NEM, Bitcoin SV, XRP, Digibyte and so on
Here the list https://docs.google.com/spreadsheets/d/1tTq6tJRXywBWZ1r41DkcIEKqDLhCVKvGYv3q1uBcj08/edit?usp=sharing
Because of CPU solomining and witness Gulden has more nodes than TRON, Dogecoin, NEM, Bitcoin SV, XRP, Digibyte and so on
Here the list https://docs.google.com/spreadsheets/d/1tTq6tJRXywBWZ1r41DkcIEKqDLhCVKvGYv3q1uBcj08/edit?usp=sharing
This coin can really use better exchanges, this is holding the price down. Community and devs should get some funding together for listings. Otherwise it looks like Gulden is a solid choice for investment, can't fault this project in other ways.
I don't necessarily agree with you. Gulden has invested in the best possible link between Gulden and the Euro via Nocks.com. That's why you can easily buy Gulden in the wallet with Euro and also sell Gulden for Euro. You can transfer money from the Gulden wallet to any IBAN bank account. This is the link that matters if you want to become a generally accepted payment system as Gulden wants to be.
Presence on multiple (crypto)exchanges, like we are now on Bittrex, will indeed have an attracting effect on people who trade between cryptocurrencies. So this is for whom the price is the only thing that matters. But that's not the target group. We want to reach the ordinary man who is going to make his daily purchases with Gulden. In fact, to be listed on Binance, for example, costs about 100,000 euros. That kind of listings(fees) isn't where we are waiting for.
Gulden is different in all area's
https://www.dactual.com/nodemaps.php
Because of CPU solomining and witness Gulden has more nodes than TRON, Dogecoin, NEM, Bitcoin SV, XRP, Digibyte and so on
Here the list https://docs.google.com/spreadsheets/d/1tTq6tJRXywBWZ1r41DkcIEKqDLhCVKvGYv3q1uBcj08/edit?usp=sharing
Because of CPU solomining and witness Gulden has more nodes than TRON, Dogecoin, NEM, Bitcoin SV, XRP, Digibyte and so on
Here the list https://docs.google.com/spreadsheets/d/1tTq6tJRXywBWZ1r41DkcIEKqDLhCVKvGYv3q1uBcj08/edit?usp=sharing
This coin can really use better exchanges, this is holding the price down. Community and devs should get some funding together for listings. Otherwise it looks like Gulden is a solid choice for investment, can't fault this project in other ways.
https://www.dactual.com/nodemaps.php
Because of CPU solomining and witness Gulden has more nodes than TRON, Dogecoin, NEM, Bitcoin SV, XRP, Digibyte and so on
Here the list https://docs.google.com/spreadsheets/d/1tTq6tJRXywBWZ1r41DkcIEKqDLhCVKvGYv3q1uBcj08/edit?usp=sharing
Because of CPU solomining and witness Gulden has more nodes than TRON, Dogecoin, NEM, Bitcoin SV, XRP, Digibyte and so on
Here the list https://docs.google.com/spreadsheets/d/1tTq6tJRXywBWZ1r41DkcIEKqDLhCVKvGYv3q1uBcj08/edit?usp=sharing
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
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?
CPU mining Gulden. Look at the distribution chart. 260 individual solo miners per day. Mining as Satoshi intended.
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.
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.
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?
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.
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
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.
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.
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.
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
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.
Here is a new report about Mining Gulden https://docs.google.com/document/d/1glOMiPwR4FTuni_yEXoFcbXf2xf9QsvA5_01Dx_1KUE/edit?usp=sharing
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
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%
, 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.
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
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%
, if you suck at trading and want more coins for the long terms it's a good way to go. 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
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 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
https://medium.com/@MacLeod_MJ_za/a-post-launch-look-at-sigma-performance-70794d835b8c
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
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
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.
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.
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
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.
I don't see miner. It's in wallet ?
I'm syncing for now ...
I'm syncing for now ...
thats a problem with this coin you have to mine from your wallet
The issue with these CPU mining only and Satoshi's original "One CPU One Vote" is that even though there are no ASICs there can still be some type of centralization and we have observed this with Monero throughout the years before they had to start changing their algo.
Monero was very famous for botnets, basically thru malware and viruses it infected thousands of computers which would secretely mine the coin without the owners permission. I observed this on my Grandma's computer even when I noticed that her CPU was always 100% and her laptop was always running hot and loud.
So even if this coin has a huge market cap, there will still be some type of centralization even though its CPU only. That's why a hybrid of CPU and GPU is the best algo for decentralization.
Monero was very famous for botnets, basically thru malware and viruses it infected thousands of computers which would secretely mine the coin without the owners permission. I observed this on my Grandma's computer even when I noticed that her CPU was always 100% and her laptop was always running hot and loud.
So even if this coin has a huge market cap, there will still be some type of centralization even though its CPU only. That's why a hybrid of CPU and GPU is the best algo for decentralization.
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
Edit: Yobit looks to be Scam exchange
https://bitcointalksearch.org/topic/yobit-scam-exchange-4327871
Many miners with extensive experience (ie those that mined way before the 2017 bull run) refer to Yobit as "Yoshit" due to how crappy and dishonest they are. Don't waste any time or funds on that exchange.
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
Edit: Yobit looks to be Scam exchange
https://bitcointalksearch.org/topic/yobit-scam-exchange-4327871
I don't see miner. It's in wallet ?
I'm syncing for now ...
I'm syncing for now ...
There was 2 complaints from miners from China that they don't have any place to sell Gulden as it's only listed on Bittrex and Nocks which I don't think they have access too.
However it's a great coin to mine if you from Europe and especially NL as their is merchants that accept the coin.
It's also one of the few minable coins that are investing in development.
1. Witnessing - complete
2. Linked of your mobile wallets to your desktop wallets. Decentralized linking. Complete.
3. PoW2 - Phase 1-3 complete, phase 4 early next year.
4. SegSig coming next month which is 58% saving on all blockchain transactions. SegWit was around 30%.
However it's a great coin to mine if you from Europe and especially NL as their is merchants that accept the coin.
It's also one of the few minable coins that are investing in development.
1. Witnessing - complete
2. Linked of your mobile wallets to your desktop wallets. Decentralized linking. Complete.
3. PoW2 - Phase 1-3 complete, phase 4 early next year.
4. SegSig coming next month which is 58% saving on all blockchain transactions. SegWit was around 30%.
Already ran miners. Profit at the level of some other CPU coins. Thank you authors here is such topics)
i dont have much faith in "CPU coins", tho the medium article SOUNDS like they want to be able to change it as much as needed, like XMR
most of them have private GPU miners within 24 hours tho, and public ones within a few days : /
FPGAs come within 30 days after that or less if the algo is worth it
Ill take a look into this, but i doubt it will bring CPU mining back for long, the best implementation was imo zcoin,before mtp they did a 1:1 cost thing on cpu/gpu and did it pretty well
most of them have private GPU miners within 24 hours tho, and public ones within a few days : /
FPGAs come within 30 days after that or less if the algo is worth it
Ill take a look into this, but i doubt it will bring CPU mining back for long, the best implementation was imo zcoin,before mtp they did a 1:1 cost thing on cpu/gpu and did it pretty well
Looks to be holding strong as a CPU algorithm. No signs of GPU mining yet.
i dont have much faith in "CPU coins", tho the medium article SOUNDS like they want to be able to change it as much as needed, like XMR
most of them have private GPU miners within 24 hours tho, and public ones within a few days : /
FPGAs come within 30 days after that or less if the algo is worth it
Ill take a look into this, but i doubt it will bring CPU mining back for long, the best implementation was imo zcoin,before mtp they did a 1:1 cost thing on cpu/gpu and did it pretty well
most of them have private GPU miners within 24 hours tho, and public ones within a few days : /
FPGAs come within 30 days after that or less if the algo is worth it
Ill take a look into this, but i doubt it will bring CPU mining back for long, the best implementation was imo zcoin,before mtp they did a 1:1 cost thing on cpu/gpu and did it pretty well
Already GPU mining market went down and I am not sure how this cpu mining is possible to grow in this time. Please study the mining market before you start into it.
Core process of CPU will be damaged right? If it is different instead of link you can explain it.
Core process of CPU will be damaged right? If it is different instead of link you can explain it.
SIGMA goes live on the 16th October. This is like a reset for users that never got to experience CPU mining with bitcoin with a coin that is constantly developing.
https://medium.com/@Gulden/sigma-is-here-c33724e6de5d
https://medium.com/@MacLeod_MJ_za/an-introduction-to-sigma-the-new-cpu-friendly-algorithm-for-gulden-9395b2db9357
Gulden is the most underrated coin in crypto history to this point. Other innovations which make this blockchain immune to 51% below.
https://medium.com/@MacLeod_MJ_za/pow%C2%B2-explored-a-post-launch-look-at-some-of-the-security-implications-2773fc11e50c
https://medium.com/@Gulden/sigma-is-here-c33724e6de5d
https://medium.com/@MacLeod_MJ_za/an-introduction-to-sigma-the-new-cpu-friendly-algorithm-for-gulden-9395b2db9357
Gulden is the most underrated coin in crypto history to this point. Other innovations which make this blockchain immune to 51% below.
https://medium.com/@MacLeod_MJ_za/pow%C2%B2-explored-a-post-launch-look-at-some-of-the-security-implications-2773fc11e50c
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