Topic: Mining Coins By Keeping Your Wallet Open (Read 3163 times)

this is a wonderful and fantastic question actually, the complexities of what you just asked are pretty extensive but i believe the answer is yes.

when a so called "high stake" return crypto is both PoW and PoS mined you can have multiple entry points.

I wouldn't look at "adoption" is the currency sense of goods and services as the primary driver right now - but rather look at your own inherit interest and know that you may have answered the question.

sorry to be cryptic but  the answer is i think they are viable in a specific market , yes

stick to the PoW/PoS variants and the ones in which the PoW is continuous is my advice - two i know for sure are Caps and HBN Hobonickles .

but i'm like you a learner here.

Thank you so much for posting this, it took me like 10 times of coming back and reading this once a day (maybe less than 10) and I finally memorized "Setgenerate True" if it were like "Start Mining" I would have remembered it sooner, but I got it now.

And not only that, but the DVC community looks down on anyone that sells the coins they earn writing, even though that is the best way to get people to know Devcoin exists.

So they are quite literally (I know it is figuratively, I just mean literally as in, this is no small thing they are doing) shooting themselves in the foot, on a regular basis.

If someone went right now and sold 200,000,000 Devcoin for half price, it would change everything forever. Tons of people would start selling their coins, tons of new people would buy coins, and suddenly the Devcoin community would be in motion.

Thanks for the mining tip

I have studied the History of Devcoin. And I know everyone thinks it isn't valuable, but if it went up in value, the writers of Devtome would be the most well known Bitcoin whales.

Right now DVC is 10 satoshis, and everyone is like "see how bad it is doing" but when you get paid half a million DVC for every 1,000 words you write, it kinda proves to you that 10 satoshis is a pretty HIGH price. And if it goes up, it is just getting BETTER.

And as I have studied the history of Devcoin, I can also tell you what the main problem is. The main problem is that their are a bunch of writers (some of whom have been doing this 3 years or more) collecting MILLIONS of DVC every month. And they HOLD those coins.

Now, this method would make sense if they bought the coins, because then they would have been in the market and as the writer bought them, they would be boosting the value of DVC itself. But instead, they are getting free coins by the millions and holding them. And not only that, but they tell other people that they way to make DVC grow is to hold any coins you get...

So it stagnates, because everyone is just getting free coins and holding them. It's just stupidity that makes Devcoin look so bad.

getmininginfo

use that command on any wallet basically.. should give you your hash rate if i recall correctly.

what i ended up doing way back was creating a windows batch file that adds that string to my clipboard..
then i created a shortcut to it in my custom re-created XP style *hidden "quick-launch" i use / made on Windows 7 x64
so i click once and that string is on my clipboard to paste into the console
ya i'm weird
my UI is custom to hell and back like crazy  

edit:
and you should research the history of Devcoin
that is kind of like saying everyone should invest in ORB hahahah

Will the console respond if I get it right?

I typed it in and nothing happened, but the text was entered and it is green text. Does that mean it worked? The console replied, but the reply has no text, so I don't know what it means.

Just btw, everyone should mine some Devcoin.

Thank you.

I think I can figure it out from that and make a video for newer people soon.

@Bitcoin-hotep, I can try to explain it in layman's terms since I don't think anyone has really answered your question yet. Some people have responded about "Minting" when I think you are asking about "Mining". Minting is specific to POS (Proof-of-Stake) coins, some of which have already been mentioned. With POS, all you have to do is have a balance and you can leave your wallet open, or just open it every few days/weeks, let it sync up the blockchain, and it will start minting coins based on your balance and the programmed interest percentage.

Now, in order to mine with your wallet, all you have to do is open the wallet, let it sync up the blockchain, then (I am at work and going off of memory here since I don't have a wallet on my work computer, so I may be wrong) I believe it is click on "Options" and then "Debug console". The "Debug Console" will open a window where you can type in commands. The command to start mining is "setgenerate true" (without the quotation marks). There are other commands you can use where you can set up the number of cores to be used, assuming you have a multi-core processor. You could probably do a google search and get those commands if you were so inclined to try and play around with that. The command that Spoetnik mentioned is one of those commands. By the way, Spoetnik is a very brash and abrasive person, but he is a very knowledgeable person with regards to crypto, so don't take anything he writes personally.

It was mentioned before, but wallet mining uses the CPU, so I don't think there is a way to use your block erupters to mine with your wallet. Hope this answers your question.

Aha, I got: an AOL version of money printing machine: "Plug-n-Play".

Take care.

I never said I needed help using a wallet. I think you should read the thread before you come in here telling me stuff I already know.

Again. I have read THOUSANDS of threads about Mining. Reading threads DOES NOT HELP people who don't understand code.

Bitcoin needs an "AOL" version, or it will not spread to everyone. Right now it is too code filled for anyone that has never written a line of code in their life. Ex: If you asked me how to change text color with HTML, I would not be able to help you.

So thank you for trying, but you probably don't realize that all you did was come in here and prove my point by telling me to do everything I have been doing for 2 years.

And I shouldn't have to hire a specialist when an asshole will come in here and say "That is day one stuff" the asshole should just post instructions.

I am really not worried about mining though, I have done fine without it. I am just going to get some Hobo nickles and stuff.

@OP
No offense guy i was just stunned big time you didn't know that an i bet most of us woudl agree with me on that too.
not knowing about wallets built in mining is pretty surprising especially after i pointed out how you have the same account status as me and 1500 comments made LOL
like wow man how the hell did you go this long and not even hear about that ? CRAZY ! hahahah

but hey don't sweat it and sorry if i was rude i was not trying to direct any bad attitude specifically towards you..
but more at a *newer generation that spouts off first and then asks questions later.. this is a clear pattern !
a good example is Doge coin itself !

a huge massive crowd of younger guys came here from out of nowhere and took over and started hyping / spamming about Doge
and they posted Meme pic's every few seconds and talked like idiots with "much" this and "such" that "very" this etc..
then they attacked and trolled the living shit out of anyone that opposed them.. look at my "Why Doge Coin Is Bad" topic for proof
then..
They cashed out and left or changed their attitude and NOW agree they were WRONG !
and that is a clear pattern of what younger people do on the internet.
they know fuck all but they spout of and jam shit down your throat and then flip flop on it all later..
AFTER the mess has been made and left behind to clean up for them.
they ruined the Altcoin scene then wandered off..
any Youtube videos for that ?

My "Why Doge Coin Is Bad" Topic for ages was getting tons of replies and after a while it died off and all i ever see NOW
is people admitting it was a piece of shit clone coin..

So, before coming on the internet and ruining things and spouting off sit down and stfu and learn !
then when you have the experience under your belt try and influence or change things etc.
and that just reminds me of another topic here yesterday where a guy said he wanted devs for a new coin.
page one there was already some little shit asking to be a forum mod.. 
kids love being forum mods .. makes them feel like bigshots
and most sites etc are moderated by kids too.. they dive on it like vultures across the web.
when in reality it should be a older guys in charge.. there is no substitute for experience.. learn from it !

writing devtome to articles but you missed day 1 stuff ?

see the pattern yet ?
kids don't get it and the newer generations are ohhhh so cocky and over confident compared to older generations.
you guys out there really truly honestly are unaware you know shit all about anything.. if you did you would be quieter LOL
you wouldn't be trying to weazle into management positions or submitting "articles" or making coins etc.. you'd be sitting quietly trying to learn !

so.. GET OFF MY DAMN LAWN !!!!!!!

Just to use a wallet there is no need to be a programmer to read the documentation written in living language. You need not to go deep into the details how exactly transactions are signed, what algorithms are in use and how these algorithms applied.

If you want to mine a coin in most cases you would choose to use some mining pool to connect your mining equipment to. Every pool's site has instructions how to mine with them, not counting all the info you could find in this particular forum.

The staking is simple as buy coins, send them to your wallet and keep the wallet running. This also is covered in every PoS-based coin related thread/web-site.

If you want an advanced mining then you have to be a bit more advanced than average people.



When a tech writer too lazy to look into the docs or not able to understand an area he is trying to write about then he usually hires a specialist who explains the topic and answers writer's questions.

If anyone wants to help me out, give me some views on Devtome.
http://devtome.com/doku.php?id=wiki:user:basic_information_before_leaving_earth_b.i.b.l.e
http://devtome.com/doku.php?id=lucid_dreaming_growing_dream_herbs

Keep posting PoS coins and other info.

NOT EVERYONE IS A COMPUTER PROGRAMMER.

You forgot one thing: they need a filmed instruction howtodosmthng with mouse having just one button preferably.

nope fuck that shit.. this whole newer generation of kids that need a Youtube video for everything imaginable irritate the fuck out of me big time !
I HATE Youtube faggotry !

a basic web page with a bit of text and a picture or two will suffice.. no need for Trillions of stupid little videos.

i really can't stand this newer generation of idiotic younger douche that popped up and changed the net on me !
this newer generation that Fap's over Twitter and Reddit and Facebook etc.. stupid useless gay garbage !
anyone that speaks in Youtube links on forums or on Chat boxes need a cuff up side the head.
If i ask a guy a question i don't want a URL to Youtube as the answer.. type it out lazy little shits LOL

Little fucktard Kiddiots ruined the entire internet !
The first thing they did is started running around trying to parent everything with Politically Correct shit and this no swearing policy  
I think they got home from school and pushed their rules from their teachers on us all after school chirping off on Mom's laptop..
Then they started with some cockiness.. the Kiddiot specialty.. the smug loud overly confident chatter that never goes quiet.
Kids know nothing at all but they never shut up !
And i noticed they love to stomp onto the net and spout of even worse than they do in IRL
IRL ? ..well
They also invented a crap load of stupid terms and spammed them all over such as back in like 2008 i wanted to punch out
every little shit that said "EPIC" every 2 minutes !

There was a time when the internet was cool.. it's loooooooooooooooooooong gone now.
Now everything is designed to pander to morons who are professional facebookers and we have 19 yr old little shits thinking their smart fresh out of school (faggy degrees)
well guess what kids.. i was online before your fucking born brats LOL
There was a time when everything was designed and targeted towards Computer Nerds like Overclockers.. not anymore.
Now the target demo is Facebook or Reddit douche bags..
and it just keeps getting worse and worse.. the cool kid cell phone crowd has creeped into the OS now.. Windows ? Ubuntu ? ......gay !!!!!!!!!
I don't need "APPS" thanks and when Angry Birds or Flappy Bird is worth BILLIONS we got something wrong  
Windows Market ? uhhh not happening thanks  
I just seen this and who am i talking about ? The little pricks commenting on this web page..
http://www.neowin.net/news/windows-10s-new-icons-show-a-flat-future-ahead
Wanna see some butt ugly ass icons and stupid little shit trend hopping ?

Thanks for fucking up my internet.
Thanks for fucking up Windows and Linux and now every UI such as Samsung's, Apple's etc
Thanks for the ADD kid flashing colors and Fischer Price dumbed down shit for granny and dumb brats.
Thanks for starting the butt ugly 80's style flat icon faggotry.
Thanks for making Facebook worth more than the GDP of most countries on earth.
Thanks for running around the web saying Ad's integrated into cell phones and the operating systems and software such as Utorrent is acceptable.
Thanks for for Intel releasing Haswell with Integrated GPU's and integrated voltage regulators on chip. (for Mobile)
YOU NEED "Angry Bird" so Desktop Overclockers now get a fat cock in the ass ! ......pandering.
Intel now says hey fuck em.. our target demo now is cell phone brats and chicks..
In case people don't know the previous generation could overclock way higher and on Haswell they butchered the architecture
go read the Z87 chipset write up for mobo's
my board has a booklets that brag about the overclock ability of integrated displays LOL
and massive warnings about overclocking sucks...... why ? Moooooooooobile........ app'z .............tweenlets and Youtube flat icon windows 8 douchebaggory !

thanks for being lame guys i really appreciate it..

also do not forget PPC can be mined this way but very low profits

if your wallet have some coin you can mine some coin by opening you wallet

proof of stake

When someone just says "Download this and do x with it", that might make sense to you guys, but 90% of people are going to need to be shown. In some kind of video, or something.

I have read TONS of threads about mining, and I have downloaded ALL KINDS of stuff (GUI and BGF and whatever, I am not a computer person, I don't remember all the acronyms) and I just can't figure it out.

I even have a block erupter, and I can't figure out how to make it work, even though I know where this thread is.
https://bitcointalksearch.org/topic/m.2321308