Topic: Nexus - Pure SHA3 + CPU/GPU + nPoS + 15 Active Innovations + More to Come - page 132. (Read 785515 times)

No problem what so ever. Remember, if you have any urgent questions the fastest way to talk to other miners, members of community and dev team is VIA slack. We are very active on there and have members worldwide so you can basically get your questions answered at any time of the day.

Email [email protected] with your email account associated with your slack account for an invite to slack

No it's not the same but the setup of hardware is then it's the software that's tweaked and changed for nexus algorithm. Better to just but them unless you have free electricity.

So the set-up you gave me is for litecoin mining. So litecoin has the same algorithm as nexus niro? At this point, I don't think I can shell out that much money.

Is anyone willing to sell some of their nexus niro's on the current market price? I currently have .1 btc available and willing to trade.

Not worth you mining on your laptop you will break it with heat. Just make a dead cheap computer with good cooling or an open box one.

http://www.coinminingrigs.com/how-to-build-a-6-gpu-mining-rig/

It's all about how good your graphics cards so everything else just get basic apart from your PSU. Don't cheap out on that.

Everyone,

Thanks for explaining how the Proof of Stake works.
By the way, so there is no way for me to do PoW using my laptop?
Do you guys have a tutorial on how to build a cheap miner, or if i can use the usb sticks?

I am really glad on this thread. It represents the Nexus project very well, which is built on trust.

Proof of stake allows you to keep coins in your wallet and collect an interest on them. The interest is then added to your wallet.

Current interest rates for NEXUS are 0.5%-3% yearly. It uses a custom coded from the ground up variable proof of stake system.

You build trust using your trust key. Your trust builds up the longer you keep your wallet staking. As time goes by the longer you stake the more your trust builds up within the trust network in Nexus. This allows your interest to slowly move from 0.5% upwards towards 3% yearly. Your trust is an important thing because it takes a bit of time to build trust. If you turn off your computer and your wallet does not find a single block in a day then you loose your trust and it resets your interest back to 0.5%.

Colin is working or additional variables to protect those who have built a lot of trust and have their computer offline for longer than 24 hrs... usually by some kind of upgrading mistake with their operating system or virus software. Right now I stake 24/7 and my interest is a little under 2% after staking for well over 3 months. Your trust key becomes a valuable asset to your nexus investment.

His new proposal to add to the existing trust system would be a vacation period allowed for those who stake. Something like x amount of days = x percentage of days allowed to vacation from holding network trust keys. Example: 1 day vacation for 1 week of staking. 4 days vacation for 4 weeks of staking etc

You cant mine until your wallet is done syncing.

Borris,

there is an option in the wallet to have it auto start when windows starts, but you cant have a windows PW, it needs to boot straight to desktop.

Hey guys,

I started solo mining. Here is what is showing on my cmd.exe. Am I mining correctly or I still need to change setting?

[METERS] 0.000000 PPS |0.000000 CPS | 0 Blocks | 0.000000 CSD per Hour | Height = 0 | Difficulty 0.000000 | 06:03:40
Connected to 127.0.0.1:9325
Connected to 127.0.0.1:9325
Connected to 127.0.0.1:9325
Connected to 127.0.0.1:9325
Connected to 127.0.0.1:9325
Connected to 127.0.0.1:9325

Thank you very much for the help. I apologize for being super noob.

Mr. Borris,

What trust are you talking about???

I lost my 100% trust twice now! Either due to my dodgy internet ot windows 10. Is the an auto run script that could be made for windows?

Nice, just broke 50% trust!

Yes, you need to get some coins to make it working.
It wont start staking with 0 balance.

Mr. Conqueror,

I just opened my wallet today. I have zero Niro coins in possession. My wallet is still synchronizing with the network. 701829 and counting. Man this is taking longer than I thought. I guess I need to wait before I can do the unlock staking

When you hold coins in wallet, you will receive small periodical payments of interest.
It is called proof of stake mining (POS)

Unlock my wallet for staking? I don't think so. What is staking?

have you unlocked your wallet for staking? should already be done so you gain trust. wifi is fine.

Mr. Boris,

So I downloaded the solominer and started to run it. Does is automatically connect to my Niro wallet?
My second question is, how will I know if my mining has commenced?
Third question, do i need to be connected to the ethernet or wifi os ok?
This is all that I can see on my cmd.exe

Connected to 127.0.0.1:9325...
Connected to 127.0.0.1:9325...
Connected to 127.0.0.1:9325...
Connected to 127.0.0.1:9325...
Connected to 127.0.0.1:9325...
Connected to 127.0.0.1:9325...
Connected to 127.0.0.1:9325...
Connected to 127.0.0.1:9325...
[METERS] 0.000000 PPS

Thank you very much for the help in advance.

 

Use TOR and buy as many coins as you wish from bittrex.
Start staking with your wallet and climb stake rate from 0.5% up to 3%.
Hold.

Very excited about all the news and progression. Nexus is literally just like ETH or Bitcoin for pennies at the moment. The potential and promise of likely the best long I have ever had. That being said, NEXUSEARTH website is being worked on today along with the new platform for the economy. We are also working on making the OP more Laymen friendly for those who are not techies.

Please retweet all @NexusNiro tweets as it looks more eyes inside and outside of cryptocurrency are taking a look at our project.

The community is growing and honestly I am really excited not just for Nexus but excited for the future of my children. This is what needs to happen to literally strip the centralization of power and empower the individual over their own financial futures.

Great job Nexus. Back to work. You can find me in slack or our facebook group if you have any questions or would like to help.

cant help you with the gpu mining but if you download the solo miner off the main ann you can solo cpu mine. just have your wallet open and run the program. difficulty high for cpu tho so may take awhile to get a block. I get one every now and again and I only using 4 core.