Topic: [NENG]Nengcoin - Litecoin on Steroids - Scrypt for All Miners (Read 46675 times)

Justin — 06/30/2024 12:04 AM

"To upgrade your core wallet, it is quite easy, simply shut down your old v2.3.0 wallet, then restart with NENG core wallet with same command in command line or in GUI wallet." Please forgive me, but I forget the command line command to update? What is it? Its been a long time.. Thank you! - (Solo, CPU mining) Justin (edited)

Hi Justin, depending how you are doing CPU mining. There are two ways, light machine (android phone on usrland linux app, Pi, or casual Windows/MacOS/Linux miner) uses cheetah_cpuminer. The heavier PC miners directly mine with setgenerate. Here is command in command line (similar in linux or windows) for powerful CPUs and has no concern on overheating on CPU: (1) shut down old v2.3.0 wallet at home (2) start Nengcoin v2.4.0 wallet, either GUI QT wallet or CLI wallet as usual, you can download new version, just start it in same way as before on new version. (3) Linux, inside wallet software folder: ./nengcoin-cli setgenerate true 3 This will run 24 hours mining on three CPU threads or change it to whatever CPU numbers you want. To stop mining: ./nengcoin-cli setgenerate false macOS should be same as linux above. In windows, the CLI softweare "nengcoin-cli.exe" name, so change that in windows terminal, otherwise the same command too. (edited)honglu69 — 06/30/2024 10:41 AM

Windows 10 (CPU - Ryzen 5900x (24 threads 12 cores)) is my OS.. Sorry, forgot to say that.. Thank you for the info. You are great! (edited)1Justin — 06/30/2024 11:07 AM

You are welcome, check explorer on block height and hash of transaction ID before doing CPU mining. There are now two chains ongoing as the old version chain has not died yet. (edited)1honglu69 — 06/30/2024 11:22 AM

I downloaded and installed NENG wallet from the following address:
https://github.com/ShorelineCrypto/nengcoin/releases

For faster syncing of NENG wallet,

Can you put the nod codes of this wallet here?

Hi admin

I downloaded and installed the NENG wallet,

At the bottom of the Network Traffic Page,

Synchronization duration is shown to be 5 years and 21 weeks,

Syncing is too slow,

Is there a way to make sync faster?

Oh, more likely CPU not GPU? Interesting. Usually high end gaming PCs have good GPUs but not necessarily super expensive CPUs. Interesting feature of the coin. I will try mining with CPUs and see how it goes.

Thanks again for the replies!

Yes, that dominant miner most likely is a big CPU miners with very big CPU resources like gaming-level high end of PC or MacOS and mining NENG.  Historically there are only a few powerful CPU miners mining NENG and lack of miner competition means dominant of rewards.

No I do not believe this is failure of "randomSpike".  I do not have gamining PC.  If you want reward of NENG and you do and are willing to compete in mining NENG, yes, you will join the big miner reward on low diff period.  You can be this "unknown" miner if you want to be. Mining is free market competition on open sourced coin.
  
This coin is scrypt coin, but it is special kind of scrypt that for ALL miners including non-ASIC miners.  There is nothing wrong if during low diff period, big ASIC miners are not dominant miners. This is a feature of this coin.

I don't have time for that, but thanks I appreciate the info.

Can you explain why it's so hard to mine with ASICs? Is that due to the randomSpike thing?

Also, how is "Unknown" basically getting like 90% of all new blocks? Is that a sign of randomSpike failing? If you look at the wallet it's being mined to, that person has about 201m NENG: http://nengexplorer.mooo.com:3001/address/NVi9VDFwRjYA2GiFrZ7KZmSf1gmDdaFCx6 Or am I missing the point of the randomSpike feature?

Please read white paper and possibly checkout github source code if you can on Nengcoin (NENG) security model behind the low diff you are seeing now.

So far, we have not been attacked on 51% for about 2 years.  note that NENG has been in CEX trading from SouthXchange to now nonKYC.io bigger exchange all day long, only recent couple of weeks that we had no trading at CEX and only light trading at DEX recently.

So we're just not going to talk about how the difficulty is 0.0 and the Network hash rate is 0.17MH/s as seen on: http://nengexplorer.mooo.com:3001/ when there's no way that can be accurate because some "Unknown" miner is getting like 99% of the blocks?

Is it potentially a 51% attack or something?

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