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Topic: [POR]⚡ELECTRONEUM⚡Official Moderated Thread - page 111. (Read 240363 times)

newbie
Activity: 1
Merit: 0
I want to return to mine ETN... now i'm mining XMR... but nanopool give me "low difficulty error"

Same here. I am not able to mine with Cast XMR. I will try Stak a bit later. Let's mine that first block people!

You need specify cryptonight v7 algo for castxmr to work with nanopool, example : cast_xmr-vega --algo=1 ....
newbie
Activity: 80
Merit: 0
I want to return to mine ETN... now i'm mining XMR... but nanopool give me "low difficulty error"

Same here. I am not able to mine with Cast XMR. I will try Stak a bit later. Let's mine that first block people!

You dont have to:
https://github.com/fireice-uk/xmr-stak/issues/1603
member
Activity: 212
Merit: 12
I want to return to mine ETN... now i'm mining XMR... but nanopool give me "low difficulty error"

Same here. I am not able to mine with Cast XMR. I will try Stak a bit later. Let's mine that first block people!
member
Activity: 212
Merit: 12
Block height: 307499
Block age: 07:27:07

Haha that's so ridiculous it would be funny if it weren't so sad...

If you recall, same story was with BTC to BTC + BCH split. The BCH blockchain had really tough times mining the first blocks after the fork, since the difficulty was adjusted for 100% of the BTC power, but only 5-10% of the miners switched to BCH. It was really slow until the difficulty readjusted after a few days.

Fact, the ETN network was overly saturated with ASICs. Now that they are gone, and the GPUs are still not in the game (software issues with miner clients), it may take a very long time for the first post-fork block to be found.

Shut down your PC, go out, enjoy the day Smiley When you return, everything might work as you would expect.
member
Activity: 336
Merit: 10
very good, this is the best news in the electronium project, the network expansion is quite rapid, now electronium add pool to mine its coin, yes even though I only monitor, but I save coin electronium, for as my inventory in long term because I am sure token price electroium will go up
hero member
Activity: 1274
Merit: 556
Block height: 307499
Block age: 07:27:07

Haha that's so ridiculous it would be funny if it weren't so sad...

ETN team essentially f*cking up. Again. And again.

Cheesy
member
Activity: 187
Merit: 10
I see that there is still no new blocks. Is it because the network difficulty before the work was too high? I hope they don't reswitch to the old blockchain.

Man, that`s why I love the blockchain: all the drama combined with the tech and money Grin
It`s more fun than any tv show `cause this is for real.
full member
Activity: 798
Merit: 103
I see that there is still no new blocks. Is it because the network difficulty before the hardfork was too high? I hope they don't reswitch to the old blockchain.
member
Activity: 426
Merit: 11
here is real hash rate 2,6 MH/s:
https://etn.nanopool.org/
and it is in 500 times smaller then 1.6 Gh, so mining 1st block can take much more time

member
Activity: 420
Merit: 13
he just pretends he doesn't know it. he is asic miner  Grin

whatever you want, i don't care, but as always on forums when arguments fail it's time for accusations and name calling. No problem at all.
I won't discuss your pseudo decentralization issue anymore. Be it like it is.

All i want to know actually is when will the wallet work again .....
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
I wouldn't bother mining in MPH at the moment since their chain could be labeled as orphan. Maybe something went wrong with the upgrade though and we get another date for the fork.
In that case their chain will be okay.
member
Activity: 426
Merit: 11
So the fork was a dud? lol thought I would be mining ETN again today  Tongue

no, its not dud... read all carefully on this pool, its for asics:

Due to uncertain outcome of ongoing ETN fork and the fact that ASICs cannot mine on the new blockchain anyway, we have decided to switch this pool back to the old blockchain. WE stroingly recommend ALL miners to move to other coins. Most likely outcome is that all mined blocks after 307500 will be useless.


legendary
Activity: 2198
Merit: 1000
So the fork was a dud? lol thought I would be mining ETN again today  Tongue
sr. member
Activity: 499
Merit: 254

and it has 800 MH/s  Grin


no, it has not 800 MH/s  - it is some bug of MPH, it always shows half of real hashrate

Yes, you are right it's about 1,6 GH/s and it is still mining blocks.
member
Activity: 426
Merit: 11
here are real asics Hash Rate: 1.60 GH/sec
http://etn.fairhash.org/#
member
Activity: 426
Merit: 11

and it has 800 MH/s  Grin


no, it has not 800 MH/s  - it is some bug of MPH, it always shows half of real hashrate
sr. member
Activity: 499
Merit: 254
whats the point of the high hash rates if all the coins go into a small amount of asic miners pockets?! whats stopping them from dumping at low prices, if they gained the coins so easily?!
ASIC miners are after profits only to cover their hardware costs asap. This is literally RAPING any coin that ASICS are capable of mining. That is not fair toward GPU miners, and the whole chain is at risk of being duped on.

All people crying about algo change are mainly people that have ASICS now. fuckem.

This doesn't make sense to me.
the block time is fixed, just learned it, lol. So with a fixed block time the block reward is as well fixed. So each day a fixed amount of ETN goes to miners, no matter if Asic or whatever, right?
So the logical assumption is that no matter who gets them the same amount gets dropped on exchanges anyway.
Actually from my readings and knowledge Asics seem to be use less electricity compared to GPU mining. The coast of an Asic is from my knowledge as well well below of GPU mining rig so
the conclusion that an Asic miner is trying to cover his costs asap doesn't sound valid to me.

This here sounds all about mining profit, seriously. This is not decentralization from my readings here, it's protectionsim of a given group towards another.
All these hypothetical conspiracy theories that are far from being real life cases seem just to serve a given employee group to gain profit, or profit back, or whatever.
That's the impression i have reading through here while waiting for a working wallet.

How the hell it comes nobody asks the big stake holders? I mean there are people holding millions and billions of ETN, i myself hold a large portion of ETN, mostly bigger than 95% of the so
interested community members here. This doesn't look right to me, seriously.

And where is Electroneums garantee that all these gpu's don't switch away if mining is no more that profitable or other coins are way more profitable? I bet the majority will leave the ETN
network in lightspeed forgetting about all his decentralization small talk, lol. What a joke.

I made a mistake coming here into this thread. Sometimes it's better soemone doesn't know some details about a given thing, that's exactly such case.

Good luck, whoever is mining it.

it looks like you are an asic miner - so therefore, your reasoning is clear
you only can stop cry and go to other algos with your asic  Grin

ETN ASIC fork exists here: https://electroneum.miningpoolhub.com/



and it has 800 MH/s  Grin



So there are two ETNs already for GPU and for ASICs...

full member
Activity: 266
Merit: 102
Monero's block 1539501 (after the ASICs were blocked) took 3.50 minutes.
Electroneum's block 307500 is 360 minutes in and still nothing.

I believe it's safe to assume that something has gone wrong. I can understand how the team must be like at the moment, they're probably too busy to update us but I hope they'd send someone to let us know on the status.
I want to return to mine ETN... now i'm mining XMR... but nanopool give me "low difficulty error"
member
Activity: 426
Merit: 11
And where is Electroneums garantee that all these gpu's don't switch away if mining is no more that profitable or other coins are way more profitable? I bet the majority will leave the ETN
network in lightspeed forgetting about all his decentralization small talk, lol. What a joke.

Nicely constructed post, but I'd like to answer only the quoted part.
I'm sure you know it but maybe you forget it... if the price falls then some miners will ofcourse leave because they don't find this coin "profitable" to mine, okay. But after they leave there will be more coins for those who stay, so their "profitability" will stay about the same but at the same time they'll get paid in more ETNs. So the holders will be more profitable if the miners amount is reduced.

he just pretends he doesn't know it. he is asic miner  Grin
member
Activity: 426
Merit: 11
whats the point of the high hash rates if all the coins go into a small amount of asic miners pockets?! whats stopping them from dumping at low prices, if they gained the coins so easily?!
ASIC miners are after profits only to cover their hardware costs asap. This is literally RAPING any coin that ASICS are capable of mining. That is not fair toward GPU miners, and the whole chain is at risk of being duped on.

All people crying about algo change are mainly people that have ASICS now. fuckem.

This doesn't make sense to me.
the block time is fixed, just learned it, lol. So with a fixed block time the block reward is as well fixed. So each day a fixed amount of ETN goes to miners, no matter if Asic or whatever, right?
So the logical assumption is that no matter who gets them the same amount gets dropped on exchanges anyway.
Actually from my readings and knowledge Asics seem to be use less electricity compared to GPU mining. The coast of an Asic is from my knowledge as well well below of GPU mining rig so
the conclusion that an Asic miner is trying to cover his costs asap doesn't sound valid to me.

This here sounds all about mining profit, seriously. This is not decentralization from my readings here, it's protectionsim of a given group towards another.
All these hypothetical conspiracy theories that are far from being real life cases seem just to serve a given employee group to gain profit, or profit back, or whatever.
That's the impression i have reading through here while waiting for a working wallet.

How the hell it comes nobody asks the big stake holders? I mean there are people holding millions and billions of ETN, i myself hold a large portion of ETN, mostly bigger than 95% of the so
interested community members here. This doesn't look right to me, seriously.

And where is Electroneums garantee that all these gpu's don't switch away if mining is no more that profitable or other coins are way more profitable? I bet the majority will leave the ETN
network in lightspeed forgetting about all his decentralization small talk, lol. What a joke.

I made a mistake coming here into this thread. Sometimes it's better soemone doesn't know some details about a given thing, that's exactly such case.

Good luck, whoever is mining it.

it looks like you are an asic miner - so therefore, your reasoning is clear
you only can stop cry and go to other algos with your asic  Grin
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