the Veil Project Mining- Privacy without Compromise - page 15.

jasta more

member

Activity: 224

Merit: 18

Quote from: r32godzilla on May 03, 2019, 09:21:28 AM

Quote from: jasta more on May 02, 2019, 09:10:35 PM

Why don't you shill your coin in official thread instead shitposting here in mining section?And all that for less than 150$ a month, in case you don't know here is the official thread
https://bitcointalksearch.org/topic/ann-pow-pos-veil-privacy-without-compromise-5065331

As you can see we are discussing here mainly about mining and staking, so there is a sense to post about this topic here in mining section.
Secondly, many of Veil promoters believe in this project which is pretty cool, so they do not see 150USD per month but a opportunity for much bigger profit. Wink

Sure and it totally don't matter that one of the condition to getting paid is that post in official thread don't count in number of post required weekly Grin

During the golden age of signature bounties on this forum when you could get 1k$ a month people at least had the decency to shitpost in threads that were created for it instead spamming mining section

Keadyar

jr. member

Activity: 224

Merit: 2

Quote from: fluxy12 on May 04, 2019, 01:48:00 AM

It's painful we see more and more small Veil's playmobils on this forum, they speak to say nothing, it's unbearable. I guess they are paid for the number of posts they do with the Veil logo?
it would be necessary to do some cleaning it does not look like a free forum but a forum of doggies Veil. And just for that I hate this project and I would not see what it is.
Shame on those who get fucked for a little money.

Why are you so mad? This is an online forum - a place where people communicate. If you do not like what other people say, this does not mean that they are stupid or bad.

fluxy12

jr. member

Activity: 145

Merit: 1

It's painful we see more and more small Veil's playmobils on this forum, they speak to say nothing, it's unbearable. I guess they are paid for the number of posts they do with the Veil logo?
it would be necessary to do some cleaning it does not look like a free forum but a forum of doggies Veil. And just for that I hate this project and I would not see what it is.
Shame on those who get fucked for a little money.

superstarbtc

jr. member

Activity: 378

Merit: 3

Quote from: r32godzilla on May 03, 2019, 09:21:28 AM

Quote from: jasta more on May 02, 2019, 09:10:35 PM

Why don't you shill your coin in official thread instead shitposting here in mining section?And all that for less than 150$ a month, in case you don't know here is the official thread
https://bitcointalksearch.org/topic/ann-pow-pos-veil-privacy-without-compromise-5065331

As you can see we are discussing here mainly about mining and staking, so there is a sense to post about this topic here in mining section.
Secondly, many of Veil promoters believe in this project which is pretty cool, so they do not see 150USD per month but a opportunity for much bigger profit. Wink

150USD per month? for that, what was the amount we need to spend in order to buy the coins because many people have some positive opinion towards this project and even hero members are showing a lot of interest towards this project for the promotions.

hustleman

jr. member

Activity: 155

Merit: 6

Quote from: studio1one on May 03, 2019, 11:14:07 PM

The difficulty is going up like crazy last couple of days my mining returns dropped to half of what I was getting before lol. Thinking of switching pool did any you guys mined on veilmine before?

What pool are/were you on?

studio1one

hero member

Activity: 1218

Merit: 500

BintexFutures

The difficulty is going up like crazy last couple of days my mining returns dropped to half of what I was getting before lol. Thinking of switching pool did any you guys mined on veilmine before?

Anonylz

hero member

Activity: 2562

Merit: 577

Quote from: Lizzylove1 on May 02, 2019, 08:03:48 AM

Since I don't have mining equipment yet, trying to raise fund to jointly set up one with a long time crypto partner, ever since our first mining rig project failed because of fraudulent builder, we have been actively involved in trading and teaching others about crypto. Once my Veil wallet is done synchronizing, I will have to participate in Proof-Of-Stakes (pos). The Proof-Of-Work (pow) mining may be started later by my team.

In my own opinion, i think it's better to use the funds to buy more veils for shaking rather than set up a mining rig with mining difficulties and huge electricity bills to settle,
when you calculate the amount you will spend on acquiring good mining equipment, and your electricity cost monthly, it will be more profitable to buy veil and stake to earn good rewards, pos don't need much capital, except you have free source of electricity.

r32godzilla

hero member

Activity: 1361

Merit: 506

Quote from: jasta more on May 02, 2019, 09:10:35 PM

Why don't you shill your coin in official thread instead shitposting here in mining section?And all that for less than 150$ a month, in case you don't know here is the official thread
https://bitcointalksearch.org/topic/ann-pow-pos-veil-privacy-without-compromise-5065331

As you can see we are discussing here mainly about mining and staking, so there is a sense to post about this topic here in mining section.
Secondly, many of Veil promoters believe in this project which is pretty cool, so they do not see 150USD per month but a opportunity for much bigger profit. Wink

dragonmike

hero member

Activity: 1274

Merit: 556

Quote from: Lucasgabd on May 03, 2019, 08:23:41 AM

I think it may highly depends on the amount of coins you hold because my returns are more like 3-5% a month.

can anybody confirm what does precompute do?
I click the button here on the wallet but nothing happens

https://veil-project.com/blog/veil-precompute/

All there for your reading pleasure.

Basically you should be able to spend zerocoins faster. When it comes to staking, it should also help you lower your rate of orphans if your CPU is on the lower end.

Lucasgabd

legendary

Activity: 2506

Merit: 1113

There's no need to be upset

I think it may highly depends on the amount of coins you hold because my returns are more like 3-5% a month.

can anybody confirm what does precompute do?
I click the button here on the wallet but nothing happens

kronos123

sr. member

Activity: 1022

Merit: 391

I recently discovered the Veil project, I bought a quantity of them and I also joined the signature campaign here.
I believe that 11% a month from the POS is quite high if what other users say is true, I will do my tests and check in person.

Regarding mining, does anyone have any table to calculate Roi with the different cards on the market?

studio1one

hero member

Activity: 1218

Merit: 500

BintexFutures

Quote from: Mr.Ease on May 02, 2019, 07:10:06 AM

Quote from: studio1one on May 01, 2019, 11:17:38 PM

I didn't get stake rewards in 13 days I am staking 3k Veils anyone facing the same issue? Or difficulty went up a lot last couple of days? Actually, I did receive a block but that turned to be an orphan.

Definitely not facing the same problems. I'm staking 1,500 and got 2 blocks in 3days just recently.
I'm pretty sure lots of people were having issues with the new wallet and many coins were off-line so the past week should have been pretty good for anyone staking.
Actually, I talked to others who basically confirmed this. I got 2blocks, another guy with 5k picked up 4blocks in 2days. Another even said he got 2blocks within an hour.

Have you updated the wallet to the 1.0.3 version? Then also turn on pre-compute.

Other than that - I can't really recommend much. My computer is trash and stakes like a champ.

Nope, I was using the old version of the wallet hence I was missing out on the stakes reward just updated my wallet to the newest version lets see if I will get the stakes more frequently or not.

jasta more

member

Activity: 224

Merit: 18

Why don't you shill your coin in official thread instead shitposting here in mining section?And all that for less than 150$ a month, in case you don't know here is the official thread
https://bitcointalksearch.org/topic/ann-pow-pos-veil-privacy-without-compromise-5065331

||bit

hero member

Activity: 924

Merit: 506

Quote from: libert19 on May 01, 2019, 09:56:10 PM

Quote from: ||bit on May 01, 2019, 02:35:29 PM

Quote from: Mr.Ease on May 01, 2019, 02:19:09 PM

Quote from: VanDeinsberg12 on May 01, 2019, 06:41:07 AM

Quote from: GhostWithin on May 01, 2019, 04:42:50 AM

Who else can share real information about the income from PoS mining?
As far as I know, PoW mining will only work until the end of the year.

The income from POS mining is unknown and the earning is depending on the total coin that you stake on the network or staking wallet. The calculator can't predict it. You can calculate it after you know how much you wanna staking it to the POS network.

You can make a reasonable guess though... Right now - about 13k Veil will stake a block a day.
So, 1,300 will do a block every 10days or 3 a month. Thats 150 veil from 1,300 a month.
Or about 11%.

But in order to keep up with staking your going to have to hold more coins. Which I think the emission is higher than 11%/month right now.

%11 monthly is a great number. And this won't be available for a long time.

I should put a second pc just for staking. I don't want to miss this.

Different pc with different wallet, right? I read in telegram chat that same wallet on different PCs will cause issues.

I wasn't aware of that. Different pc with the same wallet i was thinking. But i will only open on wallet at a time. I think if something cause issues that should be simultaneously open same wallet on different pc. Still, will ask just to be sure in telegram.

superstarbtc

jr. member

Activity: 378

Merit: 3

Quote from: ||bit on May 01, 2019, 02:35:29 PM

Quote from: Mr.Ease on May 01, 2019, 02:19:09 PM

Quote from: VanDeinsberg12 on May 01, 2019, 06:41:07 AM

Quote from: GhostWithin on May 01, 2019, 04:42:50 AM

Who else can share real information about the income from PoS mining?
As far as I know, PoW mining will only work until the end of the year.

The income from POS mining is unknown and the earning is depending on the total coin that you stake on the network or staking wallet. The calculator can't predict it. You can calculate it after you know how much you wanna staking it to the POS network.

You can make a reasonable guess though... Right now - about 13k Veil will stake a block a day.
So, 1,300 will do a block every 10days or 3 a month. Thats 150 veil from 1,300 a month.
Or about 11%.

But in order to keep up with staking your going to have to hold more coins. Which I think the emission is higher than 11%/month right now.

%11 monthly is a great number. And this won't be available for a long time.

I should put a second pc just for staking. I don't want to miss this.

Did they mention anything about how long it is going to continue to get 11% on a monthly basis because people who are holding more than 10k will be making most of the coin through this staking?

Lizzylove1

member

Activity: 858

Merit: 13

Christ The King

Since I don't have mining equipment yet, trying to raise fund to jointly set up one with a long time crypto partner, ever since our first mining rig project failed because of fraudulent builder, we have been actively involved in trading and teaching others about crypto. Once my Veil wallet is done synchronizing, I will have to participate in Proof-Of-Stakes (pos). The Proof-Of-Work (pow) mining may be started later by my team.

Mr.Ease

hero member

Activity: 1596

Merit: 534

Quote from: studio1one on May 01, 2019, 11:17:38 PM

I didn't get stake rewards in 13 days I am staking 3k Veils anyone facing the same issue? Or difficulty went up a lot last couple of days? Actually, I did receive a block but that turned to be an orphan.

Definitely not facing the same problems. I'm staking 1,500 and got 2 blocks in 3days just recently.
I'm pretty sure lots of people were having issues with the new wallet and many coins were off-line so the past week should have been pretty good for anyone staking.
Actually, I talked to others who basically confirmed this. I got 2blocks, another guy with 5k picked up 4blocks in 2days. Another even said he got 2blocks within an hour.

Have you updated the wallet to the 1.0.3 version? Then also turn on pre-compute.

Other than that - I can't really recommend much. My computer is trash and stakes like a champ.

Google+

hero member

Activity: 2464

Merit: 550

Leading Crypto Sports Betting & Casino Platform

Quote from: studio1one on May 01, 2019, 11:17:38 PM

I didn't get stake rewards in 13 days I am staking 3k Veils anyone facing the same issue? Or difficulty went up a lot last couple of days? Actually, I did receive a block but that turned to be an orphan.

I think you can ask directly in the telegram veil project group: https://t.me/VEILProject so that your case can be solved quickly, maybe some admins are not too active to see this forum so I think it's the best solution.

r32godzilla

hero member

Activity: 1361

Merit: 506

Quote from: viljy on April 30, 2019, 06:06:19 AM

Quote from: r32godzilla on April 29, 2019, 12:22:12 PM

Please, how it is really work? It is hybrid consensus POSW right? And also there are masternodes? Because you said that you need 10k VEILS to start staking. Or there are no masternodes - only requirement for staking is 10 000 VEILS? Shocked

No masternode. And 10k coins is not a requirement for POS, it's just a recommendation to find blocks more often. You can start and with 100 coins, only the block will have to wait a month or longer.

Thank you very much for the answer, I was confused by posts here, finally I understand it.
It seems like a good ROI, but remember that bigger ROIs could mean bigger dumps because people most likely will selling their profits. Sad

studio1one

hero member

Activity: 1218

Merit: 500

BintexFutures

I didn't get stake rewards in 13 days I am staking 3k Veils anyone facing the same issue? Or difficulty went up a lot last couple of days? Actually, I did receive a block but that turned to be an orphan.

Topic: the Veil Project Mining- Privacy without Compromise - page 15. (Read 6090 times)