Topic: [NENG]Nengcoin - Litecoin on Steroids - Scrypt for All Miners - page 44. (Read 46694 times)

Is the problem fixed in the end or does it still exist and you cannot add back to your portal? In general, they have a very good idea so that everything can work out with a positive market.

for rentail retail transactions neng can use coinomi but the fee to join is high.

Monarch is the ultimate crypto payment solution for both business and consumers, pairing a CMS plugin for online stores with an easy-to-use Patent Pending wallet for consumers.

Hot/Cold Wallet
Used for both transactions and storage of funds, also supports recurring payments to merchants (subscription payments)

Exchange
Buy and Sell Cryptocurrencies at the Best Prices that offers liquidity from internal and 3rd Party Exchanges

https://monarchtoken.io 

now they dev. is think is cheap now to join

NewEnglandcoin (NENG) Near Term Dev Roadmap Published
NewEnglandcoin mission is to be one of the most decentralized and secure cryptocurrency for the region of New England, and for friends of New England globally.

NewEnglandcoin is clone of Litecoin, which itself is a clone of Bitcoin.  NewEnglandcoin has dogecoin like supply at 84 billion maximum NENG. This huge supply insures that NENG is suitable for retail transactions and daily use. The inflation schedule of NengEnglandcoin is actually identical to that of Litecoin. Bitcoin and Litecoin are already proven to be great long term store of value. The Litecoin-like NENG inflation schedule will make NewEnglandcoin ideal for long term investment appreciation as the supply is limited and capped at a fixed number


Roadmap

• 2018 Q3 - Birth of NewEnglandcoin, window/linux wallet - Done
• 2018 Q4 - Decentralization Phase I
   
  • Blockchain Upgrade - Dynamic hashing algorithm I - Done
  • Cheetah Version I- CPU Mining Automation Tool on Window/Linux 
  
  
  
• 2019 Q1 - Decentralization Phase II
                   
  • Cheetah Version II- CPU Mining Automation Tool on Window/Linux
  • Blockchain Upgrade Dynamic hashing algorithm II
• 2019 Q2 - Decentralization Phase III
                   
  • Assessment of Risk of 51% Attack on NENG
  • Blockchain Upgrade TBD algorithm against 51% Attack Risk
• 2019 Q3 Q4 - NENG to the Moon?

NewEnglandcoin (NENG) joins ShorelineCrypto New Coin Listing Service Discount Program:

Immediately from today, NewEnglandcoin obtains the first retail real life usage of the coin from U.S. based business ShorelineCrypto Exchange. For regular price of 0.04 BTC bitcoin payment, ShorelineCrypto currently accept new coins to be listed at exchange.   Under the Discount Program which currently includes Marinecoin (MTC) and NewEnglandcoin (NENG), 50% discount can be obtained by paying new coin listing fee exclusively in MTC,  NENG, or a combination of MTC and NENG proportionally.

ShorelineCrypto Coin Listing Service Discount Program  offer in detail:
 

• 50% discount for new coin listing if the payment is paid by Marinecoin (MTC) or NewEnglandCoin (NENG) or  combination of MTC and NENG proportionally.
• At current NewEnglandcoin market depth in ShorelineCrypto  exchange, the current NewEnglandcoin (NENG) payment amount for new coin listing fee is :  xxxxxxxx NENG.
• Checkout Marinecoin Page for Current Marinecoin(MTC) payment amount for new coin listing fee at :
  https://talk.marinecoin.info/index.php?topic=3.msg1890#msg1890
  
• At your own choice, you can do the math to split the MTC verses NENG payment proportionally in the mix at 50/50 or 20/80 or 80/20 or whatever split ratio using above two numbers.
• Please follow the new coin listing page step by step to make the payment in MTC or NENG, and to request your coin to be listed in ShorelineCrypto:
  https://shorelinecrypto.com/add_coin
  

Check the latest proper NENG listing fee amount: https://talk.marinecoin.info/index.php?topic=137.msg2489#msg2489

A Warning to ASIC Miners:

The new NENG dynamic algorithm does not exclude ASIC miners.  In fact ASIC were the dominant minining community before Nov 20, 2018 and will continue to be in the future.

However, just be cautioned before any new ASIC miners throw huge hashing power into NENG block chain. The new dynamic hashing difficulty adjustment algorithm is not ASIC-friendly, could be subject to hours of no blocks to be found by ASIC miners while CPU PC solo miners are not subject to this.   Just a statement of facts observed by past several days of new algorithm operation.

A NENG member in DISCORD complained for spending $5 USD a day on ASIC mining NENG and got virtually very little NENG afterwards. Just be cautioned here.   The NENG blockchain is fine in operation.  However, profitability wise, there is no guarantee  for mining NENG with ASIC, mining is risky business particularly with our NENG new algorithm.  If one get $5 USD to spend, one might  be able to buy more NENG  from ShorelineCrypto Exchange rather than blindly mining NENG with ASIC mining rigs.

NENG blockchain is normal now. Many blocks found.  I think ASIC miners got stuck for 5 hours,  no CPU PC solo miners stepped in to unlock the chain. Also there were no transactions during 5 hours.  If there was, I do not believe ASIC miners should have stuck there to begin with.

thanks i try

http://nengexplorer.mooo.com:3001/  no block from Thu, 29 Nov 2018 07:15:39 GMT
about 5 hours no blocks

Try Hashnice.pw. Looks like they are finding blocks.

https://s2.mpos-pools.com/neng/index.php?page=dashboard

which pool?

i mine neng  just to test  but i dont see any NENG  earnings

i mine now with 788.55 MH/s   zero NENG    for 4 hours

How to CPU Mine NENG with Window PC or Linux

Today  NENG blockchain becames CPU-minable almost.  The hashrate of ASIC miners are high, 1 Gh/s.  However, it apears that ASIC miners got stuck at pool every other blocks. This means
that when ASIC miners previous block was longer than 2 minutes,  PC window or Linux users can simply fire up GUI wallet,  click "help" -> click "Debug Windows" -> "Console" -> Type below text "setgenerate true".  You will be mining NENG, wait for several minutes,  you can mine one block.  Then "setgenerate false" to stop mining.  Only one block at a time. The next one or few blocks belong to ASIC miners.  Repeat next time when ASIC miners got stuck again.

  I noticed that ASIC miners got stuck on blockchain more frequently today.  Hopefully many lucky CPU PC miners scored the blocks

The above post was for linux  64 bits, Ubuntu linux.  But it also works for window 10.  I actually mined another block from window 10 (64 bits), just the wallet with solo mining. 

The more frequent ASIC miners got stuck on NENG blockchain, the more chance for small CPU/GPU solo miners to act and scoop a block immediately. 

Exclusive for small GPU/CPU Miners - How to Steal a Block from ASIC Miners

When all ASIC miners left, sure, GPU/CPU miners can step in and mine NENG happily.  Now that ASIC miners are back , and now with 1Gh/s hashing rate. If
GPU/CPU miners join pool now, most likely would get almost nothing with huge electricity cost.

Are there any chance for CPU/GPU when ASIC miners are into NENG mining? Yes.  Below is real story of how I did it with 4 CPU windows PC, with only maybe 200 Kh/s hashing power,
less than 0.02% of total networking hashing power, still got a block mined today. Here is screen shot proof:

https://ibb.co/VSWQBds

This is the block I mined at block chain, for above screen shot:
http://nengexplorer.mooo.com:3001/tx/202b9b6c6dc290fb71d8f1dd68aa5af2288ebd1644ebbcdb763ab7cd37d48858

The reason I was able to a mine a block with CPU is because of newly implemented dynamic hashing adjustment algorithm, mining pool ASIC miners will get stuck couple of times  a day by my observation today.  When the ASIC miners stuck at pool, usually it stuck for 20 minutes up to 1 hour finding no blocks.  The new algorithm says that when the block time is more than 2 minutes, the difficulty is almost zero.  When ASIC miners stuck at pool,  CPU  GPU solo-miners can act and steal a block as I did above.  There is only one chance.  Once one block get stolen, the ASIC miners will wake up and scoop all the blocks afterwards.

When ASIC miners are into pool heavily,  CPU or GPU miners have no chance at pool. Just wait and observe the NENG blockchain movement, wait.  When the chain appears to be stuck, act immediately and solo-mine and steal a block.  Yes any one can steal a block like I did from ASIC miners with just a regular PC and a NENG wallet.

Update on Oct. 2019:  GPU also gets stuck on DynDiff algorithm, same as ASIC.  Only CPU solo miners with Cheetah can mine smoothly when ASIC/GPU get stuck.  The article was published before this knowledge was found later.  

We have a error with this coin  and we will fix it asap so for now its removed

Not quite right on settings,  when I ran your pool with my ASIC,  the address search page showed up as Nasdacoin at your web page.

We have a error with this coin  and we will fix it asap so for now its removed

Dynamic Mining Difficulty Addjustment on NENG New Wallet is major success.  NENG blockchain is back on normal.

This  new update resolved chain frozen situation days ago. Even if all ASIC miners left as they did on Nov 20,  GPU or CPU miners can continue to mine NENG on low diff.
NENG coin does not exclude ASIC miners, which have been the major mining community before Nov. 20. But our chain can not be hostage to ASIC miners.  Even if all ASIC miners leave in the future,  NENG blockchain will be fine on operation as GPU/CPU miners can pick up the position and continue mining NENG on low hashing difficulty on the new algorithm.

This will be suitable for New England Region People or enthusiastic friends of New England.   New England is important region of America and it deserves a special coin just like New York City does with its New York Coin.

This coin is designed for fast payment with low or no fees on micro-payment transactions.  Its blockchain is protected to be operating normally  in up or down market as its mining hashing rate will dynamically be adjusted suitable for CPU/GPU miners even if all ASIC miners leave in the future suddenly.  It is very suitable for retail and online transactions.

NewEnglandcoin also is very special as it has its own exchange ShorelineCrypto which will always support the coin for trading and coin development.  I am pretty confident that NENG will stay for very long time and will be important regional cryptocurrency for long period of time.