Topic: ☢️ NERVA ☢️ Cryptonight ☢️ Solo CPU miners ☢️ ASIC, GPU, NiceHash resistant ☢️ - page 2. (Read 1024 times)
August 09, 2018, 08:18:19 AM
synchronizing now ...saw some nodes ..... good luck for your project will try to collect some...... I hope to found a few blocks
August 09, 2018, 07:56:38 AM
Solo mined, with CPU only, is great, although it consumes a lot of energy and wears down my CPU.
But no asic and gpu competition is relatively worth the hope of the future of this coin fork.
I will try to exploit some Nerva ...
But no asic and gpu competition is relatively worth the hope of the future of this coin fork.
I will try to exploit some Nerva ...
August 09, 2018, 07:47:46 AM
☢️ NERVA ☢️ Cryptonight ☢️ Solo CPU miners ☢️ ASIC, GPU, NiceHash resistant ☢️
Technical details:
Name: NERVA
Ticker: XNV
Total Supply: 18 million + tail emission
Block Reward: 70
Block Time: 60 seconds
Maturity: 10 blocks
Algorithm: Cryptonight Adaptive
Premine: 1% (180,000 XNV)
https://freeboard.io/board/EV5-se
Information:
Website: http://getnerva.org/#info
Discord: https://discord.gg/jsdbEns
Source Code: http://bitbucket.org/nerva-project/nerva
Block Explorer: http://explorer.getnerva.org
TradeOgre Exchange: https://tradeogre.com/exchange/BTC-XNV
Reddit https://www.reddit.com/r/Nerva/
Wallet / Mining
Wallets: https://getnerva.org/#downloads
Instructions:
Start wallet
Uncheck TestNet
Set # of CPU threads to mine with
Let wallet sync and starting mining
What is NERVA?
NERVA (XNV) is an untraceable and secure cryptocurrency aiming to be GPU and ASIC resistant via the new Cryptonight Adaptive POW algorithm.
Based on the technologically advanced Masari and Monero currencies, NERVA offers true privacy and fungibility, is totally untraceable and unlinkable, with users and transfer amounts hidden from the public.
NERVA expands on these advanced privacy features, by implementing a new POW algorithm that aims to maximize decentralization, by resisting pool mining and ASIC mining right from the start. The currency is "mined" by individuals on individual computers.
NERVA aims to change the crypto mining trend, away from centralized ASIC and GPU operations, back to making mining available to any computer anywhere in the world. Resisting GPU mining also makes NERVA an unattractive option to rented mining services that have plagued cryptocurrencies recently.
Name: NERVA
Ticker: XNV
Total Supply: 18 million + tail emission
Block Reward: 70
Block Time: 60 seconds
Maturity: 10 blocks
Algorithm: Cryptonight Adaptive
Premine: 1% (180,000 XNV)
NERVA Network Stats:
https://freeboard.io/board/EV5-se
Information:
Website: http://getnerva.org/#info
Discord: https://discord.gg/jsdbEns
Source Code: http://bitbucket.org/nerva-project/nerva
Block Explorer: http://explorer.getnerva.org
TradeOgre Exchange: https://tradeogre.com/exchange/BTC-XNV
Reddit https://www.reddit.com/r/Nerva/
Wallet / Mining
Wallets: https://getnerva.org/#downloads
Instructions:
Start wallet
Uncheck TestNet
Set # of CPU threads to mine with
Let wallet sync and starting mining
What is NERVA?
NERVA (XNV) is an untraceable and secure cryptocurrency aiming to be GPU and ASIC resistant via the new Cryptonight Adaptive POW algorithm.
Based on the technologically advanced Masari and Monero currencies, NERVA offers true privacy and fungibility, is totally untraceable and unlinkable, with users and transfer amounts hidden from the public.
NERVA expands on these advanced privacy features, by implementing a new POW algorithm that aims to maximize decentralization, by resisting pool mining and ASIC mining right from the start. The currency is "mined" by individuals on individual computers.
NERVA aims to change the crypto mining trend, away from centralized ASIC and GPU operations, back to making mining available to any computer anywhere in the world. Resisting GPU mining also makes NERVA an unattractive option to rented mining services that have plagued cryptocurrencies recently.
Why NERVA?
GPU/ASIC Resistance
It has become an ever increasing trend for bigger and faster GPU mining rigs to compete for cryotpcurrency. This has resulted in a global shortage of graphics processing hardware and associated components (i.e. RAM) which has driven up prices of consumer grade PC hardware out of reach to a lot of people. One way to reverse this trend is to move Proof-of-Work (POW) algorithms to CPUs which are common to all computers. The question then becomes, Won't people just buy more CPU's to mine? Invariably yes, some will, but this scenario is not as economical as buying GPU's. A CPU also needs RAM, a motherboard, a power supply and a network connection at a bare minimum to be functional as a miner. Therefore it is much more costly to scale up mining operations than it is currently with GPU minable algorithms.
Application Specific Integrated Circuit (ASIC) manufaturing has become a very large industry to mine cryptocurrencies in recent years. While these machines perform much more efficiently than consumer grade hardware, they bring their own set of risks to a currency. The largest of these risks is centralization of hashrate and the potential for using that large hashrate as an attack vector on blockchain integrity. The primary purpose of the blockchain is to provide a decentralized record of transactions for a currency. When computational power is concentrated in a small number of miners, it becomes possible to manipulate the blockchain to steal coins, reverse transactions or with malicious intentions, destroy a cryptocurrency completely. However for all the damage these machines can do in malicious hands, they have one distinct vulnerability. They are designed at a hardware level to only mine a single algorithm. If a cryptocurrency changes their POW algorithm, the ASIC becomes useless.
Typically, crypto developers have circumvented ASICs by way of a hardfork; A periodic update to the network that incorporates new developments in the code and a POW algorithm change. This has been done recently with most cryptonote based coins. This has two side effects. Firstly it breaks support for GPU miners and the software developers must update miner code to allow GPU's to mine the currency. This creates disruption to the network as miners have to update their software or wait for updates to be able to resume mining operations.
The proposed cryptonote adaptive algorithm aims to remedy these issues. The algorithm changes dynamically each block. This means that no ASIC can ever be produced to mine NERVA and it becomes exceedingly difficult to create GPU based mining software to mine NERVA. Since ASICs and GPUs can not mine the coin, it also becomes an unattractive option for mining rental services such as NiceHash.
Environmental Costs
POW mining is very computationally expensive. This computation requires electricity, and a lot of it. It is estimated that as of November 2017, the Bitcoin network used more power per year than the entire Republic of Ireland and is predicted to use more electricity per year than New Zealand by the end of 2018. In an age where the threat of climate change is very real, the wasted electricity generation to run crypto networks is a luxury humanity cannot afford. By using a CPU based POW algorithm, we leverage an existing piece of hardware to perform that work, with minimal increase to the computers overall power consumption, making the CPU a more sustainable device for POW calculations.
Another very profound issue affecting our environment is that of e-waste. Electronic components contain large amounts of toxic heavy metals such as copper and lead which contaminate soil and ground water if not disposed of correctly. Electronics manufacturing also uses a large number of toxic and carcingenic substances which pollute soil and ground water as well as create air pollution and have been linked to health problems in factory workers. The advised way to reduce the impact of e-waste is simply to use electronics for as long as is practical and only replace when necessary. CPU mining presents a way to repurpose old computers or extend the life of current hardware as well as slowing the proliferation of GPUs, contributing to reducing the growing problem of this type of pollution.
The Spirit of Crypto
Bitcoin, the first cryptocurrency was designed for a rather ideological purpose. To decentralize currency away from the control of central banks and government monetary policy. A currency that could be mined by anyone with a computer and shared between individuals without interference from banks and governments. This vision has been somewhat lost in the years since bitcoin's inception. Now multi billion dollar ASIC manufacturing companies have emerged to not only make and sell ASICs for exorbitant amounts of profit, but also deploying these machines to generate profits from bitcoin itself. A decentralized currency has become extremely centralized, with the ASIC manufacturers now controlling the majority of the hashrate, leading to the problems mentioned previously.
NERVA and the Cryptonight Adaptive algorithm aim to bring this idea back to life, to bring mining back to the individual. To create a truly decentralized currency. By breaking support for GPUs and ASICs anybody, anywhere in the world is able to mine, with only a computer and a minimal electricity investment. There is still work to be done to achieve this goal. However, it is a goal we must strive for if cryptocurrency is to have a future. The current trend of cryptocurrency mining is creating increasing computational power with ever increasing hardware requirements, contributing greatly to climate change and global pollution. This is not a trend that can continue and we, as a collective world, must rethink our ways. As crypto miners and investors, we are on the cutting edge, with a vision to the future. It is up to us to decide how we want to shape that future.
It has become an ever increasing trend for bigger and faster GPU mining rigs to compete for cryotpcurrency. This has resulted in a global shortage of graphics processing hardware and associated components (i.e. RAM) which has driven up prices of consumer grade PC hardware out of reach to a lot of people. One way to reverse this trend is to move Proof-of-Work (POW) algorithms to CPUs which are common to all computers. The question then becomes, Won't people just buy more CPU's to mine? Invariably yes, some will, but this scenario is not as economical as buying GPU's. A CPU also needs RAM, a motherboard, a power supply and a network connection at a bare minimum to be functional as a miner. Therefore it is much more costly to scale up mining operations than it is currently with GPU minable algorithms.
Application Specific Integrated Circuit (ASIC) manufaturing has become a very large industry to mine cryptocurrencies in recent years. While these machines perform much more efficiently than consumer grade hardware, they bring their own set of risks to a currency. The largest of these risks is centralization of hashrate and the potential for using that large hashrate as an attack vector on blockchain integrity. The primary purpose of the blockchain is to provide a decentralized record of transactions for a currency. When computational power is concentrated in a small number of miners, it becomes possible to manipulate the blockchain to steal coins, reverse transactions or with malicious intentions, destroy a cryptocurrency completely. However for all the damage these machines can do in malicious hands, they have one distinct vulnerability. They are designed at a hardware level to only mine a single algorithm. If a cryptocurrency changes their POW algorithm, the ASIC becomes useless.
Typically, crypto developers have circumvented ASICs by way of a hardfork; A periodic update to the network that incorporates new developments in the code and a POW algorithm change. This has been done recently with most cryptonote based coins. This has two side effects. Firstly it breaks support for GPU miners and the software developers must update miner code to allow GPU's to mine the currency. This creates disruption to the network as miners have to update their software or wait for updates to be able to resume mining operations.
The proposed cryptonote adaptive algorithm aims to remedy these issues. The algorithm changes dynamically each block. This means that no ASIC can ever be produced to mine NERVA and it becomes exceedingly difficult to create GPU based mining software to mine NERVA. Since ASICs and GPUs can not mine the coin, it also becomes an unattractive option for mining rental services such as NiceHash.
Environmental Costs
POW mining is very computationally expensive. This computation requires electricity, and a lot of it. It is estimated that as of November 2017, the Bitcoin network used more power per year than the entire Republic of Ireland and is predicted to use more electricity per year than New Zealand by the end of 2018. In an age where the threat of climate change is very real, the wasted electricity generation to run crypto networks is a luxury humanity cannot afford. By using a CPU based POW algorithm, we leverage an existing piece of hardware to perform that work, with minimal increase to the computers overall power consumption, making the CPU a more sustainable device for POW calculations.
Another very profound issue affecting our environment is that of e-waste. Electronic components contain large amounts of toxic heavy metals such as copper and lead which contaminate soil and ground water if not disposed of correctly. Electronics manufacturing also uses a large number of toxic and carcingenic substances which pollute soil and ground water as well as create air pollution and have been linked to health problems in factory workers. The advised way to reduce the impact of e-waste is simply to use electronics for as long as is practical and only replace when necessary. CPU mining presents a way to repurpose old computers or extend the life of current hardware as well as slowing the proliferation of GPUs, contributing to reducing the growing problem of this type of pollution.
The Spirit of Crypto
Bitcoin, the first cryptocurrency was designed for a rather ideological purpose. To decentralize currency away from the control of central banks and government monetary policy. A currency that could be mined by anyone with a computer and shared between individuals without interference from banks and governments. This vision has been somewhat lost in the years since bitcoin's inception. Now multi billion dollar ASIC manufacturing companies have emerged to not only make and sell ASICs for exorbitant amounts of profit, but also deploying these machines to generate profits from bitcoin itself. A decentralized currency has become extremely centralized, with the ASIC manufacturers now controlling the majority of the hashrate, leading to the problems mentioned previously.
NERVA and the Cryptonight Adaptive algorithm aim to bring this idea back to life, to bring mining back to the individual. To create a truly decentralized currency. By breaking support for GPUs and ASICs anybody, anywhere in the world is able to mine, with only a computer and a minimal electricity investment. There is still work to be done to achieve this goal. However, it is a goal we must strive for if cryptocurrency is to have a future. The current trend of cryptocurrency mining is creating increasing computational power with ever increasing hardware requirements, contributing greatly to climate change and global pollution. This is not a trend that can continue and we, as a collective world, must rethink our ways. As crypto miners and investors, we are on the cutting edge, with a vision to the future. It is up to us to decide how we want to shape that future.
FAQ
What's with the name?
NERVA stands for Nuclear Engine for Rocket Vehicle Application. It was a part of a wider research project conducted by NASA in the 1950's and 60's to produce a nuclear powered rocket engine to power manned missions beyond the moon. NERVA never flew. Those vaguely familiar with crypto will see the irony in this.
Is there a pre-mine?
Yes. 180,000 coins were pre-mined for this project. This equates to approximately 0.97% of the total supply. This is to finance the infrastructure to run the network for the years to come.
What's the max supply?
There will be around 18.5 million coins issued before "tail emission" occurs, which is a small 1% annual inflation to keep miners incentivized, replace lost coins and provide future liquidity.
What pools are out there?
Short answer, None. NERVA is intended to be a solo mined, with CPU only.
What about GPU mining?
Read my statement above regarding the motivation for this coin.
Where's your whitepaper?
As this is a Monero fork, its basis are the CryptoNote and RingCT. A whitepaper regarding the Cryptonight Adaptive algorithm is in the works and will be published in due course.
NERVA stands for Nuclear Engine for Rocket Vehicle Application. It was a part of a wider research project conducted by NASA in the 1950's and 60's to produce a nuclear powered rocket engine to power manned missions beyond the moon. NERVA never flew. Those vaguely familiar with crypto will see the irony in this.
Is there a pre-mine?
Yes. 180,000 coins were pre-mined for this project. This equates to approximately 0.97% of the total supply. This is to finance the infrastructure to run the network for the years to come.
What's the max supply?
There will be around 18.5 million coins issued before "tail emission" occurs, which is a small 1% annual inflation to keep miners incentivized, replace lost coins and provide future liquidity.
What pools are out there?
Short answer, None. NERVA is intended to be a solo mined, with CPU only.
What about GPU mining?
Read my statement above regarding the motivation for this coin.
Where's your whitepaper?
As this is a Monero fork, its basis are the CryptoNote and RingCT. A whitepaper regarding the Cryptonight Adaptive algorithm is in the works and will be published in due course.
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