Hello Tranz;
First happy holidays. Yesterday I downloaded the client version : v1.2.2.0-g38a5c87-hobo
I run solo at my rigs using cgminer, I run the client on my laptop, and my rigs access the client through local network.
I have a few of questions for you:
I am only using the default wallet and did not create any additional wallets, will my mined coins start using my laptop cpu at one point for staking?
Should I create multiple wallets and move the coins in small amounts to those wallets, should I stop my mining while loading/unloading wallets? maybe you can shed some more light on this staking process, also you mentioned coin size in some of your posts, what exactly do you mean by coin size?
What is a the normal rate of orphans, I seem to get more than the 10% mentioned earlier, I estimate those at 20+ percent give or take is there a mining setting to lower this rate?
Last: What is the philosophy behind the HoboNickels? Name choice etc?
Thank you
My Hobo Address : Ej6YUHSKfzgnd2uWZehzvKF1UFfx2KgfEf
Yes your CPU will be used on the mined coins to stake once they age 10 days. It is generally very low usage, it only gets high if you have many thousand small blocks of coins, try to stake at once.
Creating mulit-wallets (one for mining and one for staking, and one for general spending) is good practice. But it all depends on how many you mine, and how often you plan to move them around. No need to stop mining while loading or unloading wallets. Encrypted wallets can be problematic, and need to be unlocked once loaded. See walletpassphrase usage.
By coin size I simply mean how man coins were included in a certain transaction. I like to collect the mined coins in my wallet until they get to 100+ then I move them to staking wallet. Each person
I get approx 10% orphans on stake, your results may vary, depending on CPU speed/usage and network latency. You can decrease the chance for orphans by increasing the maxconnections. By default it is set to 8, but can be overridden by -maxconnection switch or by use in the conf file. And for mining you can help by setting the scan time to be much lower, like 20 seconds, in cgminer
The name came from the original developer thundertoe. It was thought up during a chat session at Cryptsy's with a few other people. My plans for the coin is to create a very easy way to give to your favorite charity. But it is free to be used for any purpose a persons wishes. :-)
Welcome aboard. See our giveaway thread for free coins!