LUXCoin—New PHI2 PoW/PoS Hybrid—SC—SegWit—PrivateSend—PoS Web Wallet—LuxGate - page 103.

webchris

member

Activity: 142

Merit: 10

Quote from: Riptide_NVN on February 19, 2018, 02:21:29 PM

That makes sense and I do see your point.

I'm trying to minimize frequency of my payouts and the larger pools make that difficult. I'd like to get paid no more often than twice a day max. The smaller pools are good for this.

Seems like I'm stuck between small pools with very long block times. Or dealing with 5-8 payments each day from the larger pools which I don't want either.

It's a shame you can't set your payout threshold.

Riptide_NVN

member

Activity: 294

Merit: 16

That makes sense and I do see your point.

I'm trying to minimize frequency of my payouts and the larger pools make that difficult. I'd like to get paid no more often than twice a day max. The smaller pools are good for this.

Seems like I'm stuck between small pools with very long block times. Or dealing with 5-8 payments each day from the larger pools which I don't want either.

wacko

legendary

Activity: 1106

Merit: 1014

Quote from: Riptide_NVN on February 19, 2018, 01:10:58 PM

Thanks. I'm on Zerg basically mining solo right now with 230 MH/s.

I wouldn't mine this coin solo with only 230 MH/s. General rule of thumb for solo mining unstable altcoins like this one is to be able to solve at least a couple blocks a day. Otherwise you're just playing a lottery, lux has lost 100+% of its btc value within a month, average time to find a block of 5 days is just too much here.. you can go for a week or two without solving anything, and then, two weeks later, the difficulty could get 2 times higher than it was when you started, so your chances of finding anything would get even slimmer.. or the price could fall a lot and by the time you find your first block it's already 2-3 times lower than when you started. Solo mining makes sense for larger farms, it's definitely not something I'd do with 230 MH/s.

Riptide_NVN

member

Activity: 294

Merit: 16

Thanks. I'm on Zerg basically mining solo right now with 230 MH/s. So looks like one block every five days average then.

wacko

legendary

Activity: 1106

Merit: 1014

Quote from: Riptide_NVN on February 19, 2018, 08:20:53 AM

Is there a calculator to estimate how long it will take to find a block solo mining LUX?

LUX block reward seems to be fixed at 10 LUX per block, so it should be pretty obvious — just use any normal calculator to estimate how long it would take you to mine 10 coins with your hashrate, and that's ~ how long it should take you to find a block. Right now, at the current difficulty, you'd need ~ 900-950 MH/s to mine 10 LUX/day. So, with that hashrate, you would mine ~ 1 block per day. Of course the difficulty fluctuates a lot, and with only ~ 1 GH/s you could find 1 block a day, or you could go a few days without finding a single block, that's just the nature of mining solo. You'd also have to run your own pool since most recent wallets don't support old getwork type solo mining (not sure about LUX, but most likely it doesn't support it either).

lupanar

sr. member

Activity: 1344

Merit: 252

Quote from: Riptide_NVN on February 19, 2018, 08:20:53 AM

Is there a calculator to estimate how long it will take to find a block solo mining LUX?

Depend of what hashes you own , but anyway solo is disabled in v4 wallet.

Riptide_NVN

member

Activity: 294

Merit: 16

Is there a calculator to estimate how long it will take to find a block solo mining LUX?

lupanar

sr. member

Activity: 1344

Merit: 252

Quote from: pham42760 on February 19, 2018, 07:56:09 AM

Quote from: lupanar on February 19, 2018, 02:38:33 AM

Quote from: redghostvn on February 19, 2018, 01:08:13 AM

Quote from: lupanar on February 18, 2018, 12:10:26 PM

Today's update from discord

"@everyone We are expecting a final wallet release on Monday which will re-enable PoS.
Time will be finalized after reviewing with Pool Owners.
With PoS in place, this would re-enable MN rewards. Watch this space for an update on time."

Hi lupanar,

I have a question for you, which related to masternode feature of LUXcoin. Why statistics for LUXcoin in https://masternodes.online/currencies/LUX/ not shown?
What happened with the project or with the website?

Thanks for your answers.

POS not active yet so masternodes not active as well coz they getting reward from POS, thats why MN.onilne nothing to monitoring now.

Thank you. When will PoS be activated?

Quote from: lupanar on February 18, 2018, 12:10:26 PM

Today's update from discord

"@everyone We are expecting a final wallet release on Monday which will re-enable PoS.
Time will be finalized after reviewing with Pool Owners.
With PoS in place, this would re-enable MN rewards. Watch this space for an update on time."

pham42760

newbie

Activity: 100

Merit: 0

Quote from: lupanar on February 19, 2018, 02:38:33 AM

Quote from: redghostvn on February 19, 2018, 01:08:13 AM

Quote from: lupanar on February 18, 2018, 12:10:26 PM

Today's update from discord

"@everyone We are expecting a final wallet release on Monday which will re-enable PoS.
Time will be finalized after reviewing with Pool Owners.
With PoS in place, this would re-enable MN rewards. Watch this space for an update on time."

Hi lupanar,

I have a question for you, which related to masternode feature of LUXcoin. Why statistics for LUXcoin in https://masternodes.online/currencies/LUX/ not shown?
What happened with the project or with the website?

Thanks for your answers.

POS not active yet so masternodes not active as well coz they getting reward from POS, thats why MN.onilne nothing to monitoring now.

Thank you. When will PoS be activated?

Bender957

newbie

Activity: 104

Merit: 0

Quote from: matey1111 on February 18, 2018, 05:41:52 PM

Bid: .00141934 LOL

it was .0032 a couple of weeks ago LOL

lupanar

sr. member

Activity: 1344

Merit: 252

Quote from: Andreas1986 on February 19, 2018, 06:13:07 AM

Quote from: gscotch on February 17, 2018, 06:21:02 PM

Quote from: Andreas1986 on February 17, 2018, 06:42:44 AM

Hi,
I am running the latest version of wallet and it is fully synchronized
Regardless this, the amount of coins that i have are not correct and it seems like the blockchain has stopped at the end of January.

In https://chainz.cryptoid.info/lux/
i can see the correct amount that i own

Can you please direct me what to do for having the correct number of coins in my wallet?

you can remove all files from lux directory beside wallet.dat. start wallet, it will re-sync all data .

Thanks for your help gscotch
I did what you are describing, the blockchain was syncronized again but it came exactly to the same position as it were before.
The wallet does not have the correct amount

Any suggestion please?

If you mean that amount isnt correct comparing what you had in old 3.0 wallet so the coins that were generated by old wallet after new 4.0 wallet release and new protocol activation will not be accepted by chain, thats why amount that u have after upgrading is different.

Andreas1986

member

Activity: 127

Merit: 13

Quote from: gscotch on February 17, 2018, 06:21:02 PM

Quote from: Andreas1986 on February 17, 2018, 06:42:44 AM

Hi,
I am running the latest version of wallet and it is fully synchronized
Regardless this, the amount of coins that i have are not correct and it seems like the blockchain has stopped at the end of January.

In https://chainz.cryptoid.info/lux/
i can see the correct amount that i own

Can you please direct me what to do for having the correct number of coins in my wallet?

you can remove all files from lux directory beside wallet.dat. start wallet, it will re-sync all data .

Thanks for your help gscotch
I did what you are describing, the blockchain was syncronized again but it came exactly to the same position as it were before.
The wallet does not have the correct amount

Any suggestion please?

fiordnet

newbie

Activity: 18

Merit: 0

Quote from: lupanar on February 18, 2018, 12:10:26 PM

Today's update from discord

"@everyone We are expecting a final wallet release on Monday which will re-enable PoS.
Time will be finalized after reviewing with Pool Owners.
With PoS in place, this would re-enable MN rewards. Watch this space for an update on time."

snrpro if you read few posts back you will see that it is very clear when it is expected

No one said about yesterday. I emphasize "expected".
We dont want the devs to rush any non working wallet. Maybe its not good not to keep the schedule but it's a lot worse if the new wallet isn't functioning properly.

snrpro

newbie

Activity: 55

Merit: 0

Any update on the new POS wallet? Tried looking around and didn't see anything so I'm guessing not but I thought it was supposed to be up today or yesterday.

lupanar

sr. member

Activity: 1344

Merit: 252

Quote from: redghostvn on February 19, 2018, 01:08:13 AM

Quote from: lupanar on February 18, 2018, 12:10:26 PM

Today's update from discord

"@everyone We are expecting a final wallet release on Monday which will re-enable PoS.
Time will be finalized after reviewing with Pool Owners.
With PoS in place, this would re-enable MN rewards. Watch this space for an update on time."

Hi lupanar,

I have a question for you, which related to masternode feature of LUXcoin. Why statistics for LUXcoin in https://masternodes.online/currencies/LUX/ not shown?
What happened with the project or with the website?

Thanks for your answers.

POS not active yet so masternodes not active as well coz they getting reward from POS, thats why MN.onilne nothing to monitoring now.

redghostvn

newbie

Activity: 60

Merit: 0

Quote from: lupanar on February 18, 2018, 12:10:26 PM

Today's update from discord

"@everyone We are expecting a final wallet release on Monday which will re-enable PoS.
Time will be finalized after reviewing with Pool Owners.
With PoS in place, this would re-enable MN rewards. Watch this space for an update on time."

Hi lupanar,

I have a question for you, which related to masternode feature of LUXcoin. Why statistics for LUXcoin in https://masternodes.online/currencies/LUX/ not shown?
What happened with the project or with the website?

Thanks for your answers.

vein071315

sr. member

Activity: 256

Merit: 250

well,, dumpers will regret soon

matey1111

member

Activity: 178

Merit: 13

Quote from: StoneSoup on February 17, 2018, 03:05:06 AM

Quote from: matey1111 on February 17, 2018, 01:16:25 AM

Quote from: StoneSoup on February 17, 2018, 01:07:09 AM

Quote from: matey1111 on February 16, 2018, 11:19:44 PM

Quote from: StoneSoup on February 16, 2018, 10:22:54 PM

Quote from: Ginzink on February 16, 2018, 06:38:37 AM

Quote from: lupanar on February 16, 2018, 02:17:42 AM

Quote from: StoneSoup on February 16, 2018, 12:35:25 AM

It is not about 'instant gratification' it is about being SMART. Why mine a coin that is not profitable AT THE MOMENT??? I can switch to something way more profitable and convert earnings to btc or even LUX.

SoilCoin would give me at least twice the return atm. It is a shitcoin but it can be sold and converted into btc and I can then buy twice as many LUX with that.

https://minethecoin.com/coin/soilcoin

I'm getting around 4 Lux per week atm, at current prices, that is only about $52. If I can get $136 per week on soilcoin, I can trade that for around 10 LUX per week.

I'M NOT A FUCKING CHARITY!!

If you think that Lux is not enough profitable for you now , you are free to find coin with more income from mining of. Wont be telling u about a futureproof mining, everybody here is a grown guys and can decide what to do/mine. Good luck anyway Wink

For big miners he have a point. But for hobby miners like he is himself the safety of mining a coin that looks like it will have a good future is way better than trying to constantly monitor which is the most profitable at the moment. Soilcoin is not a viable option for big miners though hehe.

Why should the little miners take a loss? Sounds like loser talk to me. Why the fuck would anyone be so stupid as to mine an unprofitable coin when it is easy to switch to another coin and trade. Why the prejudice against the little guy? Plenty to choose from.

As for LUX being some sort of winner....look at the price here since 24th Jan:

https://coinmarketcap.com/currencies/luxcoin/

It may recover one day but right now bitcoin is rising and nearly every other crypto coin is up and it is down. That is not a good sign. Of course people here think loyalty is more important rather than good sound financial considerations. Enjoy your losses. I'll buy back in when it is ready to recover, assuming it does..

WoW... imagine if no one was ever loyal to BTC, LTC, or ETH.... then where would you be? LTC was unprofitable for YEARS. BTC was bouncing between Profitability and loss. ETH had boatloads of issues and fear pumped into its market, people are crying cause they sold these coins so early on and missed out on buying back.

You guys must be AMD miners cause I'm not seeing the losses in day to day mining, Its still among the top most popular coins mineable with nVidia, in profit. And there is still good volume on the coin.

Yup, jumping from one volatile coin (with everyone else, so its now less profitable) to another sure sounds like good sound financial consideration! Ever heard of a lemming? Lemmings make nummy nummy snacks!

If you want to go mine another coin feel free, less hashing power from you is more coin for me. If its less profitable there's less potential for miners to mine to dump for another coin, sounds fine to me.

Once staking is returned you can buy my LUX from me at the increased price when it recovers! then when It dips, I'll buy it back from you at a reduced price, rinse and repeat

, enjoy your losses!

Lol, I don't need your permission to switch coins. Seriously who the fuck do you think you are??? I'll be buying your coins for sure, but at a big cut in value and with my large profits, I'll do very well thank you.

I never gave you permission but ,well, you have my permission anyways. Maybe then you will be happier. And I'd sure be happier.

Since you ask, who do I think I am... well, better than you Grin

Smarter than you Cheesy

more stable than you Roll Eyes

, and certainly not the guy who is spreading FUD, negativity, and closed minded opinions... That's who!

Now I'm gonna mine me some soil coin to dump it, Cause I can afford it, just for fun and just cause I can Cheesy

Thanks for the advice!

Kiss

got some more feeble minded profanity you want to throw into this.

Soil was just an example (plenty of better coins to mine), I don't give a shit if you mine it or not, whats it my business?

Not gonna comment on who you think you are, you are entitled to your delusions.

That's not giving you permission, but a reminder you can do what you like, that will only benefit me, and it did, instead of moaning and bitching, but like I said I give you permission anyways.

And you are entitled to your delusions that I suffer from delusions.

LOL, your a joke Cheesy

matey1111

member

Activity: 178

Merit: 13

Quote from: Bender957 on February 18, 2018, 06:12:34 AM

Quote from: vein071315 on February 18, 2018, 05:44:28 AM

i see potential for this coin.. im holding Cheesy

i suggest you buy more right now there is very big potential

low 24hrs value 0.00089775 lol

next target 0.00049775

You must be living under a rock,

Bid: .00141934 LOL

BTC volume: 42.50161786

Anyone actively participating in this thread knows to ignore your FUD.

Ginzink

full member

Activity: 462

Merit: 118

Quote from: vein071315 on February 18, 2018, 12:41:46 PM

Quote from: lupanar on February 18, 2018, 12:10:26 PM

Quote from: Lumining on February 18, 2018, 12:00:26 PM

Quote from: snrpro on February 17, 2018, 06:13:01 AM

Any update on the staking front? Is an entire new wallet coming out or will the current wallet just start staking in the near future?

I'm also interested when and how staking will work with the new wallet. Any updates?

Today's update from discord

"@everyone We are expecting a final wallet release on Monday which will re-enable PoS.
Time will be finalized after reviewing with Pool Owners.
With PoS in place, this would re-enable MN rewards. Watch this space for an update on time."

and a wow... its pumping up now

If wallet comes tomorrow as mentioned with POS it can possibly continiue to rise

But first it needs to be delivered, i think they will make sure it works and is stable rather than think of price and release anyway.

Topic: LUXCoin—New PHI2 PoW/PoS Hybrid—SC—SegWit—PrivateSend—PoS Web Wallet—LuxGate - page 103. (Read 130264 times)