[INF8] Infinium-8. Privacy-centric & CPU-mining - page 13.

MinerMario

member

Activity: 112

Merit: 10

Quote from: 33zer0w0lf on July 23, 2014, 12:05:55 AM

Quote from: MinerMario on July 22, 2014, 11:20:36 PM

Hello? Anyone home?

Man it would be a damn shame if this coin is left to rot. It seems to be technology wise quite stable from launch and that's a great thing. Is there no interest at all? Dev did you read the comments above? Any chance of limiting the number of coins?

Hope to hear something about where we are going from here.

the point of the coin is to have no limit, so why would you now want to limit the amount of coins. That doesn't' make any sense.

I don't want to do anything except see some interest in the coin. I am really thrilled with these CPU only coins and this one seems to work quite well right from the start. I think the other poster above threw out some points and they are worth discussing, and so have you guys since. An active forum is good.

The block explorer coming would be outstanding. Waiting for the news.

Be good all.

Infinium8

newbie

Activity: 52

Merit: 0

Quote from: MinerMario on July 22, 2014, 07:56:16 PM

Quote from: ROBERTO on July 22, 2014, 07:38:31 PM

Yes agree with you MinerMario "Just would like to know where we are going with this coin"

Yesterday i try to talk about INF8 on poloniex trollbox and people are answered directly is not interresting because there is an infinite number of coin. They do not find it interresting and think it will have no value.

That is why there is no support for INF8.

It would certainly change something to make INF8 attractive, such as establishing a maximun number of coin.

Certainly some information that the developer should hear and take into advisement. What do you think dev?

Need to keep the estimate of the coin at a stable level. The less it falls the more we earn. Also, pumps and dumps deteriorate the image of a coin as a mean for payment. We can never avoid the exchange rate from moving but we can diminish it's impact. So we use the infinite emission to tackle So we use the infinite emission to tackle the deflation problem.

The formula of block reward is log₂(difficulty)*2^40. Ergo, the block reward increases slower than the difficulty. This ensures the Infinium-8 stability.

Infinium8

newbie

Activity: 52

Merit: 0

Quote from: CoolGecko on July 23, 2014, 01:47:25 AM

Quote from: 33zer0w0lf on July 23, 2014, 12:05:55 AM

Quote from: MinerMario on July 22, 2014, 11:20:36 PM

Hello? Anyone home?

Man it would be a damn shame if this coin is left to rot. It seems to be technology wise quite stable from launch and that's a great thing. Is there no interest at all? Dev did you read the comments above? Any chance of limiting the number of coins?

Hope to hear something about where we are going from here.

the point of the coin is to have no limit, so why would you now want to limit the amount of coins. That doesn't' make any sense.

The truth is that many coins have an infinite supply, though they don't advertise it. Any coin that has a constant interest rate after a period of time (most POS coins) has an infinite supply. Having an infinite supply isn't necessarily a problem. A good approach would be to calculate what happens to the coin supply after say 10-20 years.

@Developer
The last part of the formula

Block_reward = log2(difficulty) * 2^40(difficulty)

isn't clear to me. Could you explain it more clearly? Does it mean (2^40) * difficulty?

Thank you for the notice, I mistyped. This is the valid formula

Block_reward = log₂(difficulty) * 2⁴⁰

Infinium8

newbie

Activity: 52

Merit: 0

Quote from: MinerMario on July 22, 2014, 05:27:05 PM

Hey guys.

Looks like the network is working okay. Been hitting blocks solo mining all night and today, was able to transfer coins between wallets and they move pretty quickly. Grin

So what's the plan? Where are we going with this? Looks pretty stable so far but not a lot of posters here.

Any bites from exchanges yet?

Just would like to know where we are going with this coin.

Be good all.

I contacted a few exchange owners and people who are developing block explorer. I'll immediately report the news.

CoolGecko

full member

Activity: 214

Merit: 100

Quote from: 33zer0w0lf on July 23, 2014, 12:05:55 AM

Quote from: MinerMario on July 22, 2014, 11:20:36 PM

Hello? Anyone home?

Man it would be a damn shame if this coin is left to rot. It seems to be technology wise quite stable from launch and that's a great thing. Is there no interest at all? Dev did you read the comments above? Any chance of limiting the number of coins?

Hope to hear something about where we are going from here.

the point of the coin is to have no limit, so why would you now want to limit the amount of coins. That doesn't' make any sense.

The truth is that many coins have an infinite supply, though they don't advertise it. Any coin that has a constant interest rate after a period of time (most POS coins) has an infinite supply. Having an infinite supply isn't necessarily a problem. A good approach would be to calculate what happens to the coin supply after say 10-20 years.

@Developer
The last part of the formula

Block_reward = log2(difficulty) * 2^40(difficulty)

isn't clear to me. Could you explain it more clearly? Does it mean (2^40) * difficulty?

33zer0w0lf

full member

Activity: 224

Merit: 100

Quote from: MinerMario on July 22, 2014, 11:20:36 PM

Hello? Anyone home?

Man it would be a damn shame if this coin is left to rot. It seems to be technology wise quite stable from launch and that's a great thing. Is there no interest at all? Dev did you read the comments above? Any chance of limiting the number of coins?

Hope to hear something about where we are going from here.

the point of the coin is to have no limit, so why would you now want to limit the amount of coins. That doesn't' make any sense.

MinerMario

member

Activity: 112

Merit: 10

Hello? Anyone home?

Man it would be a damn shame if this coin is left to rot. It seems to be technology wise quite stable from launch and that's a great thing. Is there no interest at all? Dev did you read the comments above? Any chance of limiting the number of coins?

Hope to hear something about where we are going from here.

MinerMario

member

Activity: 112

Merit: 10

Quote from: ROBERTO on July 22, 2014, 07:38:31 PM

Yes agree with you MinerMario "Just would like to know where we are going with this coin"

Yesterday i try to talk about INF8 on poloniex trollbox and people are answered directly is not interresting because there is an infinite number of coin. They do not find it interresting and think it will have no value.

That is why there is no support for INF8.

It would certainly change something to make INF8 attractive, such as establishing a maximun number of coin.

Certainly some information that the developer should hear and take into advisement. What do you think dev?

ROBERTO

legendary

Activity: 1421

Merit: 1001

Yes agree with you MinerMario "Just would like to know where we are going with this coin"

Yesterday i try to talk about INF8 on poloniex trollbox and people are answered directly is not interresting because there is an infinite number of coin. They do not find it interresting and think it will have no value.

That is why there is no support for INF8.

It would certainly change something to make INF8 attractive, such as establishing a maximun number of coin.

MinerMario

member

Activity: 112

Merit: 10

Hey guys.

Looks like the network is working okay. Been hitting blocks solo mining all night and today, was able to transfer coins between wallets and they move pretty quickly. Grin

So what's the plan? Where are we going with this? Looks pretty stable so far but not a lot of posters here.

Any bites from exchanges yet?

Just would like to know where we are going with this coin.

Be good all.

Infinium8

newbie

Activity: 52

Merit: 0

Quote from: MinerMario on July 21, 2014, 04:45:09 PM

Quote from: 33zer0w0lf on July 21, 2014, 03:39:21 PM

Quote from: MinerMario on July 21, 2014, 01:32:06 PM

Guys got some noob questions here as I have never done cryptonote.

First I get wallet addresses but they look very large compared to addresses from other coins. Is this address valid?

inf8WxuMhuZaeVJiacwMQ7Z377CS8kXwxZhusQBLHELRBm8ZBGPMCXmikE4TGq5Tya75uPpfcpwDi1q JL2WGDHAH182Yckm1in

Second, if I start the infiniumd with this address and 8 which is the cores on that machine, I am then solo mining?

Third, it appears that infiniumd is opening port 27854 on that machine, but I have 3 more machines with 8 core vishera processors which I would like to point at that daemon. How do I start those machines to point there and mine under the same wallet address?

Fourth, if I wanted to point infiniumd to a pool I can't find the commands for that in the --help screen. Any tips?

Again, noob questions I now. Can you guys help a brother out?

Thanks.

pool mining is easiest, and I am not saying that just because I am a pool op.

All you do is get the minerd from wolf (for Linux) and then run the below command.

minerd -a cryptonight -o stratum+tcp://inf8.extremepool.org:5555 -u address -p x

http://inf8.extremepool.org/
https://github.com/wolf9466/cpuminer-multi/

Thanks for the help sir. I was actually solo mining on two machines and have found 3 blocks so far. Shocked

I have figured out how to mine with the simple Infinium interface and actually as an IT guy I prefer it to GUIs.

I suspect that won't last for ever though. I used your example as well and mined against a pool and received coins back. So thank you for the information. Right now think I am going for the solo mining, but suspect I will be mining at your pool shortly.

Thanks again.

Congrats!

All the Inf8 addresses start with inf8-.

MinerMario

member

Activity: 112

Merit: 10

Quote from: 33zer0w0lf on July 21, 2014, 03:39:21 PM

Quote from: MinerMario on July 21, 2014, 01:32:06 PM

Guys got some noob questions here as I have never done cryptonote.

First I get wallet addresses but they look very large compared to addresses from other coins. Is this address valid?

inf8WxuMhuZaeVJiacwMQ7Z377CS8kXwxZhusQBLHELRBm8ZBGPMCXmikE4TGq5Tya75uPpfcpwDi1q JL2WGDHAH182Yckm1in

Second, if I start the infiniumd with this address and 8 which is the cores on that machine, I am then solo mining?

Third, it appears that infiniumd is opening port 27854 on that machine, but I have 3 more machines with 8 core vishera processors which I would like to point at that daemon. How do I start those machines to point there and mine under the same wallet address?

Fourth, if I wanted to point infiniumd to a pool I can't find the commands for that in the --help screen. Any tips?

Again, noob questions I now. Can you guys help a brother out?

Thanks.

pool mining is easiest, and I am not saying that just because I am a pool op.

All you do is get the minerd from wolf (for Linux) and then run the below command.

minerd -a cryptonight -o stratum+tcp://inf8.extremepool.org:5555 -u address -p x

http://inf8.extremepool.org/
https://github.com/wolf9466/cpuminer-multi/

Thanks for the help sir. I was actually solo mining on two machines and have found 3 blocks so far. Shocked

I have figured out how to mine with the simple Infinium interface and actually as an IT guy I prefer it to GUIs.

I suspect that won't last for ever though. I used your example as well and mined against a pool and received coins back. So thank you for the information. Right now think I am going for the solo mining, but suspect I will be mining at your pool shortly.

Thanks again.

33zer0w0lf

full member

Activity: 224

Merit: 100

Quote from: MinerMario on July 21, 2014, 01:32:06 PM

Guys got some noob questions here as I have never done cryptonote.

First I get wallet addresses but they look very large compared to addresses from other coins. Is this address valid?

inf8WxuMhuZaeVJiacwMQ7Z377CS8kXwxZhusQBLHELRBm8ZBGPMCXmikE4TGq5Tya75uPpfcpwDi1q JL2WGDHAH182Yckm1in

Second, if I start the infiniumd with this address and 8 which is the cores on that machine, I am then solo mining?

Third, it appears that infiniumd is opening port 27854 on that machine, but I have 3 more machines with 8 core vishera processors which I would like to point at that daemon. How do I start those machines to point there and mine under the same wallet address?

Fourth, if I wanted to point infiniumd to a pool I can't find the commands for that in the --help screen. Any tips?

Again, noob questions I now. Can you guys help a brother out?

Thanks.

pool mining is easiest, and I am not saying that just because I am a pool op.

All you do is get the minerd from wolf (for Linux) and then run the below command.

minerd -a cryptonight -o stratum+tcp://inf8.extremepool.org:5555 -u address -p x

http://inf8.extremepool.org/
https://github.com/wolf9466/cpuminer-multi/

MinerMario

member

Activity: 112

Merit: 10

Guys got some noob questions here as I have never done cryptonote.

First I get wallet addresses but they look very large compared to addresses from other coins. Is this address valid?

inf8WxuMhuZaeVJiacwMQ7Z377CS8kXwxZhusQBLHELRBm8ZBGPMCXmikE4TGq5Tya75uPpfcpwDi1q JL2WGDHAH182Yckm1in

Second, if I start the infiniumd with this address and 8 which is the cores on that machine, I am then solo mining?

Third, it appears that infiniumd is opening port 27854 on that machine, but I have 3 more machines with 8 core vishera processors which I would like to point at that daemon. How do I start those machines to point there and mine under the same wallet address?

Fourth, if I wanted to point infiniumd to a pool I can't find the commands for that in the --help screen. Any tips?

Again, noob questions I now. Can you guys help a brother out?

Thanks.

ROBERTO

legendary

Activity: 1421

Merit: 1001

When you release the block explorer?

Just for info people don't like because the problem is INFINITE coin!!

No max supply!

WTS 250 INF8

PM me your offer

xibeijan

legendary

Activity: 1232

Merit: 1001

give up

Infinium8

newbie

Activity: 52

Merit: 0

Infinium8

newbie

Activity: 52

Merit: 0

Quote from: luya518 on July 20, 2014, 07:27:46 AM

chinese translationg：http://www.btclt.cn/group-823-1.html

Thanks!

Infinium8

newbie

Activity: 52

Merit: 0

Quote from: leofur on July 19, 2014, 11:50:10 AM

WTS 100 INF8

Quote from: Fitness76 on July 20, 2014, 02:03:59 AM

Hi,
I admit I'm being lazy right now, but tired of reading posts. Was anything mentioned about a time frame of getting on some exchanges?

Thanks and Have a Good Day

First we need a block explorer.

upd I sent request to Hitbtc.

Infinium8

newbie

Activity: 52

Merit: 0

Quote from: CoolGecko on July 20, 2014, 12:32:56 AM

Quote from: Infinium8 on July 19, 2014, 06:33:25 PM

Quote from: hashhot on July 18, 2014, 02:32:08 PM

Hashhot Pool http://inf.hashhot.com Please add it to OP

Thanks. Any features?

I have used hothash already and they seemed to be OK. Don't follow their information on miners though. They list CGminer and BFGminer; I'm sure those miners won't work on CryptoNote coins.

It looks like a scam according to the latest user messages. I deleted this info from OP for the time being.

Topic: [INF8] Infinium-8. Privacy-centric & CPU-mining - page 13. (Read 126650 times)