the Veil Project Mining- Privacy without Compromise - page 6.

Wayan_Pedjeng

sr. member

Activity: 913

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Quote from: Anny555 on May 31, 2019, 05:58:47 AM

Quote from: ivan1975 on April 10, 2019, 12:30:08 PM

I agree VEIL project have great potential.
Prefer POS mining. With 10к coins in wallet I get in about one block (50 coins) per day.

@ivan1975 aside from POS Mining, what other mining device can you recommed for me?

it seems veil will take over and its the next big thing.

The problem with POS mining is that it requires a mandatory minimum of 10,000 coins in your wallet and at current prices it will cost around $2,500. I am right now trying my luck with PoW mining, as I don't have that many coins in my wallet. But you are right about the future potential... We are all hoping that Veil becomes the top anonymous coin sometime soon...

Anny555

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Activity: 448

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Quote from: ivan1975 on April 10, 2019, 12:30:08 PM

I agree VEIL project have great potential.
Prefer POS mining. With 10к coins in wallet I get in about one block (50 coins) per day.

@ivan1975 aside from POS Mining, what other mining device can you recommed for me?

it seems veil will take over and its the next big thing.

bittick

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Activity: 2296

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Cryptocasino.com

Quote from: Dr.Osh on May 31, 2019, 02:04:32 AM

Quote from: superstarbtc on May 30, 2019, 06:53:50 AM

Quote from: Beyerd17 on May 30, 2019, 01:01:33 AM

It's much better to sync the wallet often, than say once a month or so. This is what I do myself and I have had no problems whatsoever when this is done. There is also the file one can download to get up to date.

But still, i am facing problems with Sync, even after downloading and i placed everything that they mentioned but still, my wallet is facing issues which it is not completely synced. What are the other steps i need to follow in order to sync my wallet?

I think I also have a little problem in sync wallet. until now the process is still 57%. well, maybe this is due to a slow internet network. Has anyone been able to overcome this problem? make scync faster?

That is kinda strange, usually if you download the daily snapshot and pasted all the files to the right place and right at the same day, it will usually already synced for minimum of 90%, maybe if the usual guide didnt work for you, try to place the wallet and its files to a standalone folder?
The only way to nake sync faster is through downloading snapshot I guess.

Dr.Osh

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Quote from: superstarbtc on May 30, 2019, 06:53:50 AM

Quote from: Beyerd17 on May 30, 2019, 01:01:33 AM

It's much better to sync the wallet often, than say once a month or so. This is what I do myself and I have had no problems whatsoever when this is done. There is also the file one can download to get up to date.

But still, i am facing problems with Sync, even after downloading and i placed everything that they mentioned but still, my wallet is facing issues which it is not completely synced. What are the other steps i need to follow in order to sync my wallet?

I think I also have a little problem in sync wallet. until now the process is still 57%. well, maybe this is due to a slow internet network. Has anyone been able to overcome this problem? make scync faster?

studio1one

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Activity: 1218

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BintexFutures

Quote from: Lucasgabd on May 30, 2019, 11:33:59 AM

totally, if opening it at least once a week it's fine.
though a good web wallet could break the barrier for entry for many people.

They did say that a lite version of the wallet is in there to do list but right now they are mainly focusing on restoring the full feature of the wallet.

||bit

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Activity: 924

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Quote from: dragonmike on May 29, 2019, 04:43:38 PM

Quote from: ||bit on May 28, 2019, 04:58:11 AM

Anyone having high cpu while staking? Or i am only having this issue.

It is using around %40 of cpu while it is open. And it wasn't that much when i started it or i just realized now.

The most likely reason is you have precompute enabled. This is effectively making your CPU pre-computing (as the title says...) the workload for the upcoming stakes at all times, herewith speeding up zerocoin transactions and reducing the chance you'll get orphans at the same time.

If you turn off precompute, your CPU usage will drop.

It's working as intended.

Yeah, they said if i open precompute i will have a better chance with staking but still, it is using cpu more than i think.

Is there a ratio or number for with and without precompute? Like if you have 10k tokens average 1 day stake with precomputing and without it 1.5 kinds of.

Lucasgabd

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There's no need to be upset

Quote from: viljy on May 30, 2019, 12:25:06 AM

Quote from: superstarbtc on May 29, 2019, 05:13:51 AM

There are many people facing issues with the wallets which sometimes it is very hard to sync the wallet even though we follow the procedure what they mentioned. Maybe they need to come up with the web wallet which will help the majority of the members to store the coins in the web wallet.

Problems with synchronizing the wallet are only at the initial start. Then if the wallet is synchronized for example once a day, then it works fine.

totally, if opening it at least once a week it's fine.
though a good web wallet could break the barrier for entry for many people.

Wayan_Pedjeng

sr. member

Activity: 913

Merit: 252

Quote from: X-ray on May 29, 2019, 10:05:11 AM

Quote from: stzcze on May 28, 2019, 03:16:50 PM

Light mobile wallet is definitely a good solution Wink

I didn't have the problem, I downloaded the snap and after 15 minutes, the sync was done. after 24h, synchronization takes about 10 minutes.

The problem not so many people can download a full blockchain, maybe if someone wanna mine it and that will worth to download it. but when you are only a buyer from the exchange site and that wants to store your coin on the wallet and light wallet should be the only solution. If there will be another wallet to be used on the android or IOS platform will much better.
Im still mining this one right now.

In that case you need to check whether any of the hardware wallets are supporting Veil nor not. Personally, I wouldn't trust any of the exchanges. Also, Veil is being traded in a limited number of exchanges. So personally I wouldn't go for an exchange wallet (previously I had bad experience with some of the exchanges as well). But right now if you don't want to install the full wallet, then you have two options: exchange wallets and hardware wallets.

superstarbtc

jr. member

Activity: 378

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Quote from: Beyerd17 on May 30, 2019, 01:01:33 AM

It's much better to sync the wallet often, than say once a month or so. This is what I do myself and I have had no problems whatsoever when this is done. There is also the file one can download to get up to date.

But still, i am facing problems with Sync, even after downloading and i placed everything that they mentioned but still, my wallet is facing issues which it is not completely synced. What are the other steps i need to follow in order to sync my wallet?

Beyerd17

full member

Activity: 826

Merit: 103

It's much better to sync the wallet often, than say once a month or so. This is what I do myself and I have had no problems whatsoever when this is done. There is also the file one can download to get up to date.

viljy

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Activity: 1736

Merit: 857

Quote from: superstarbtc on May 29, 2019, 05:13:51 AM

There are many people facing issues with the wallets which sometimes it is very hard to sync the wallet even though we follow the procedure what they mentioned. Maybe they need to come up with the web wallet which will help the majority of the members to store the coins in the web wallet.

Problems with synchronizing the wallet are only at the initial start. Then if the wallet is synchronized for example once a day, then it works fine.

studio1one

hero member

Activity: 1218

Merit: 500

BintexFutures

Quote from: iv4n on May 29, 2019, 02:29:19 AM

Studio1one do you rent mining rig there? Is it profitable for you? For example first one hashrate 1.50G, minimum renting 12 h (price 0.00340808 btc), maximum 480hrs (price 0.136323 btc), how many veil coins can you mine in that time? My question is, will you get more veil`s by renting a rig or directly buying veil`s with same amount?

I actually did rent some hash power over there (a 750M one) for 4-5 days and there was not much of a difference than buying VEIL on a market but TBH at the time I rented the rig the difficulty was way too high.

dragonmike

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Activity: 1274

Merit: 556

Quote from: ||bit on May 28, 2019, 04:58:11 AM

Anyone having high cpu while staking? Or i am only having this issue.

It is using around %40 of cpu while it is open. And it wasn't that much when i started it or i just realized now.

The most likely reason is you have precompute enabled. This is effectively making your CPU pre-computing (as the title says...) the workload for the upcoming stakes at all times, herewith speeding up zerocoin transactions and reducing the chance you'll get orphans at the same time.

If you turn off precompute, your CPU usage will drop.

It's working as intended.

X-ray

hero member

Activity: 3066

Merit: 536

Leading Crypto Sports Betting & Casino Platform

Quote from: stzcze on May 28, 2019, 03:16:50 PM

Light mobile wallet is definitely a good solution Wink

I didn't have the problem, I downloaded the snap and after 15 minutes, the sync was done. after 24h, synchronization takes about 10 minutes.

The problem not so many people can download a full blockchain, maybe if someone wanna mine it and that will worth to download it. but when you are only a buyer from the exchange site and that wants to store your coin on the wallet and light wallet should be the only solution. If there will be another wallet to be used on the android or IOS platform will much better.
Im still mining this one right now.

Wayan_Pedjeng

sr. member

Activity: 913

Merit: 252

Quote from: superstarbtc on May 29, 2019, 05:13:51 AM

Quote from: Lucasgabd on May 28, 2019, 02:51:19 PM

any info if the team has interest or is working on a web wallet?
that would be great since many are having problemson sync

There are many people facing issues with the wallets which sometimes it is very hard to sync the wallet even though we follow the procedure what they mentioned. Maybe they need to come up with the web wallet which will help the majority of the members to store the coins in the web wallet.

Very few of the altcoins (outside the top-25 list in coinmarketcap) have the option of web wallet available, and Veil is no exception. I am not denying the fact that the wallet issues remains as one of our most important concerns. But now we need to adjust with what we got. In case you are facing too many issues, just shoot a message in the Telegram group. The admins will help you.

superstarbtc

jr. member

Activity: 378

Merit: 3

Quote from: Lucasgabd on May 28, 2019, 02:51:19 PM

any info if the team has interest or is working on a web wallet?
that would be great since many are having problemson sync

There are many people facing issues with the wallets which sometimes it is very hard to sync the wallet even though we follow the procedure what they mentioned. Maybe they need to come up with the web wallet which will help the majority of the members to store the coins in the web wallet.

iv4n

legendary

Activity: 3332

Merit: 1191

Quote from: studio1one on May 28, 2019, 11:10:00 PM

Quote from: rendevouze on May 26, 2019, 12:36:23 PM

I am alien for this stuff. But can veil be mined by rent a rig or something?

Yes, you can either use your own mining GPU or rent a mining rig to mine VEIL best place to rest a right MRR 'coz they have a separate section for veil coins.

https://www.miningrigrentals.com/rigs/x16rt

Studio1one do you rent mining rig there? Is it profitable for you? For example first one hashrate 1.50G, minimum renting 12 h (price 0.00340808 btc), maximum 480hrs (price 0.136323 btc), how many veil coins can you mine in that time? My question is, will you get more veil`s by renting a rig or directly buying veil`s with same amount?

studio1one

hero member

Activity: 1218

Merit: 500

BintexFutures

Quote from: rendevouze on May 26, 2019, 12:36:23 PM

I am alien for this stuff. But can veil be mined by rent a rig or something?

Yes, you can either use your own mining GPU or rent a mining rig to mine VEIL best place to rest a right MRR 'coz they have a separate section for veil coins.

https://www.miningrigrentals.com/rigs/x16rt

GhostWithin

full member

Activity: 644

Merit: 145

Quote from: Lucasgabd on May 28, 2019, 02:51:19 PM

any info if the team has interest or is working on a web wallet?
that would be great since many are having problemson sync

The wallet still requires serious improvements.
I didn’t find information about web wallet, but I know for sure that wallets for Andoroid and iOS will be in the future.

stzcze

jr. member

Activity: 109

Merit: 1

Light mobile wallet is definitely a good solution Wink

I didn't have the problem, I downloaded the snap and after 15 minutes, the sync was done. after 24h, synchronization takes about 10 minutes.

Topic: the Veil Project Mining- Privacy without Compromise - page 6. (Read 6090 times)