Topic: [NENG]Nengcoin - Litecoin on Steroids - Scrypt for All Miners - page 44. (Read 46901 times)

Revise my statement above.  Henry in DISCORD claimed that he cpu mined NENG by running his PC wallet continuously.  I never knew this and my limited test indicated that PC Wallet could get stuck too on NENG block chain if the wallet is mining NENG all the time.  I could be wrong and Henry is right.  Of course,  keeping running PC wallet mining NENG cost a lots of money.  When ASIC are churning normally on NENG,  CPU miners have no chance.

For now, do not bother with solo mining with  the wallet in a server type mode.  When cheetah cpu miner tool is released, a sample  NENG config file will be included as  json-rpc  API is used by cheetah software.

For now cpu mining NENG,  just use the QT wallet (window or Linux).  Do not run wallet constantly because you won't find more blocks and it will also get stuck by the dynamic hashing algorithm. Follow my post here that type a few word to mine NENG when the block chain is stuck, and  type few words to stop CPU mining when the ASIC miners are pounding loud.

how to do solo mining?

i made a conf file but dont know what to add to node ?
kindly check and tell me if i made it right

rpcuser=rpc_enguser
rpcpassword=*password
rpcallowip=*
rpcport=3440
listen=1
server=1
addnode= ??

Update on Dec 14, 2018

digestion of transcripts from DISCORD channel conversation on the past several days of NENG blockchain issue on  Tue Dec 12, to Wed Dec 13, 2018:


flex.hit 12/07/2018
ASIC are stuck non stop last 2 days .  i mine with 150 mh only


honglu69 Last Saturday at 11:54 AM
Yes, I noticed that. ASIC got stuck frequently now.
I only mined one or two blocks. Most non ASIC blocks were mined by others, I guess CPU miners.

henry Last Wednesday at 7:54 PM
what plans do we have to get this coin accepted at businesses in the new england usa area.
i'd love to help once i know you're comfortable with website mining pools exchanges etc.

honglu69  Last Wednesday at 8:09 PM
@henry because NENG is decentralized coin with no boss. Just take my opinion as one member proposal, not necessarily the fact of path forward.
I forsee NENG to have similar org like NYC, to have some sort of community election group to control neng future.
Community then will have mass marketing action, maybe regular  meeting in New England area , a meetup

henry Last Wednesday at 8:09 PM
is the blockchain hung? i'm still loading from 4 hours  ago.

honglu69 Last Wednesday at 8:10 PM
Blockchain is fine. It does require CPU miners to smoothout
I will come back mine some blocks with PC window 10. ASIC gets hung all the time

henry Last Wednesday at 8:13 PM
ok. thats some good ideas.

honglu69 Last Wednesday at 8:15 PM
We will release new tool upgrade soon. The tool will automatically mine neng when ASIC stuck, stop mining when ASIC is good

henry Last Wednesday at 8:16 PM
ok.
i get confused whe nyou tal kabout it being stuck, as it seem my asic doesn't stop hashing and getting accepted hashes

honglu69 Last Wednesday at 8:17 PM
When this tool called cheetah is done, I will run one version of CPU miner in Linux pc
@henry you know ASIC miners are stuck when 3 minutes past with no block

henry Last Wednesday at 8:18 PM
looks like 5 hrs so far

honglu69 Last Wednesday at 8:19 PM
OK， I was busy with other, not aware of 5 hours of no block. I will come back to mine one block with window 10 wallet

henry Last Wednesday at 8:21 PM
if i set up a rig running on the network will that find the block s when rig gets stuck, or do i need to do something
special

i mean, whe nasic gets stuck

honglu69 Last Wednesday at 8:22 PM
@henry current only PC Linux or window 10 can mine block when it is stuck
I think GPU gets stuck too. Mainly the software has assumption in difficulty, they think it is fixed number. But it changed after 2 minutes of no block

henry Last Wednesday at 8:24 PM
i have a win 10 machine i ca nsetup to just run  cpu against the neng bc, will that help if i just keep it running ?
honglu69 Last Wednesday at 8:25 PM
@henry It will, but tedious manual labor work. You can follow my guide in bitcointalk Ann how to CPU mine
CPU wallet needs to stop mining when the chain is normal. Only start when it is stuck
For a 4 core window 10, it takes about 6 minutes to mine a block when bc is stuck
henry Last Wednesday at 8:28 PM
im trying to stop the loss of 5 hours of ming whe nits stuck since i dont watch all of my machines very closely all the time.

honglu69 Last Wednesday at 8:28 PM
For a 2 core Linux pc, I think it takes 10 minutes to mine a block when bc is stuck

henry Last Wednesday at 8:28 PM
was hoping if i had the cpu on all the time it would keep the asic going.

honglu69Last Wednesday at 8:28 PM
@henry:thumbsup:

henry Last Wednesday at 8:29 PM
my wallet is definately stuck at 4 hours

honglu69 Last Wednesday at 8:31 PM
Last time the bc was stuck for 5 hours, I woke up in the morning and used CPU and mined one block
I think how long ASIC or  GPU will stuck on neng is unpredictable. NENG is CPU minable coin and rely on CPU to have smooth blockchain

henry Last Wednesday at 8:35 PM
so, you dont want us mining it with an asic ? just our cpu's ?

honglu69 Last Wednesday at 8:37 PM
Because of almost death of NENG on NOV 20， I do not think neng will go back to old days, a 100%  ASIC coin

henry Last Wednesday at 8:38 PM
i'm good with whatever you choose, but i thought it was ok to use my asic and my gpu rigs - and will stop if you only want to make sure cpu minable is only way to be done.
i have  a few cpu rigs i can setup here just need to knw i'll find blocks if i spend the time to set the mup.

honglu69 Last Wednesday at 8:39 PM
No need to stop ASIC, My intention is not to forbid ASIC or GPU, just s limitation.

henryLast Wednesday at 8:39 PM
ok colio.

honglu69Last Wednesday at 8:41 PM
The end goal is decentralization, and security against  hack, particularly risk of 51% attack.
The planned upgrade in next two quarters is likely to limit ASIC more, but not forbid ASIC .

honglu69 Last Wednesday at 9:09 PM
NENG blockchain should be normal now. I mined one block with 4 core CPU in Linux

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