Bitcoin Profitability Calculator - BTC Mining Profit

Guide: Getting started with NiceHash

Hello Everyone,
In one of my my previous posts, quite a few people noticed that I had a cryptocurrency miner open on my second monitor and have requested that I create a guide on how to mine cryptocurrencies when their computer is not in use. I am not looking to start a GPU price war or any hatred towards anyone. I just want to share an easy way to get started mining cryptocurrency and allow people to earn a few extra dollars when their PCs are not in use. I am a gamer myself and love having the spare cash to upgrade hardware or a new game every once in a while. I hope this helps everyone who is interested and will do my best to answer any questions.
I am going to outline how to use NiceHash, which is the easiest way to get started. Please keep in mind that this is not the most profitable method to mining at the moment, but will provide a return to most users and is compatible with AMD, Nvidia, and CPU mining. I always suggest to check what you can earn with your current hardware first and also consider the price of electric before getting started. An estimator can be found here: https://www.nicehash.com/profitability-calculator
Before starting, I would like to remind everyone that mining does cause a higher load on your hardware. Due to this the temperatures of your hardware will rise and I suggest that you keep an eye on them. Make sure you know the safe temperature ratings for your hardware, have proper cooling, a power supply that can support your hardware under full load, and that your hardware is clean. Remove any dust or debris before getting started to ensure that your PC is running at its best. Even if you aren't mining, these things should be kept in order.
Getting Started:
  1. Head over to NiceHash.com and in the middle of the page, in the box that says "Sell" click on the green "Download" button.
  2. Download and install the supported miner for your hardware. (Nvidia or AMD)
  3. Head back to NiceHash.com and create an account by clicking on "Register" in the upper right hand corner. You may be given the option to setup an account as a "Buyer" or a "Seller". Since we are selling our compute power for bitcoin, we are "Sellers".
  4. Once your account is created, open up the NiceHash miner on your computer. You should see two windows open, a command prompt which is the miner and a graphical user interface (GUI). In the GUI, you will need to log in to the account you have created so the earnings will be deposited in to your NiceHash account.
  5. Open up your favorite hardware monitoring application (Such as Open Hardware Monitor) so you can monitor temperatures and performance and close out of all other programs except for NiceHash and the hardware monitor. Benchmark your hardware inside the NiceHash GUI. This will test your hardware and allow the application to automatically mine the most profitable crypto algorithm available and help maximize your profit. Also, you can select the hardware you wish to mine with or disable from mining here as well.
  6. Because NiceHash has no fee to deposit your earnings to CoinBase, I am recommending them as the place to deposit and sell your bitcoin earnings. Head over to https://www.coinbase.com/join/597148c1a66a5b0156923d1e (This is my referral link. I would appreciate it if you use it, but if you wish note to, feel free to remove go directly to the site. It doesn't cost you anything or affect your account in any way, but it gives me a small bonus for referring people and I would appreciate it very much.) and create an account. Coinbase will allow you to cash out your bitcoin earnings in to your bank account or keep them for later. We all hope the price rises again, right?!
  7. Go back to your NiceHash account and click on "Wallet" in the top bar. This is where your earnings will be displayed as well as the ability to link with your CoinBase account. When you have mined enough, you can withdraw to your CoinBase account. All of the information should be provided on the websites and should be pretty simple to follow. If you have any questions regarding these sites, please ask!
  8. Close out of all your open programs except for NiceHash and your hardware monitor, then click the green "Start" button. This will start mining and you will see output in the command prompt such as your hash rate and the algorithm that NiceHash is mining. It will also display your account balance, your daily estimated earnings, and other information. You may notice that your computer is sluggish or not responding as quickly as normal due to it being under load.
  9. ???
  10. PROFIT!!!
I hope you all find this useful and that you can earn a few extra bucks by mining. Whether it be a free coffee, a new game, or just the ability to get in on the bitcoin gold rush, I hope this helps everyone who is interested and gets a few people started. If you have any questions please ask. I will try to stay up to date on this post and edit it with the most frequently asked questions.
submitted by EatMyPoopiePies to cryptomining [link] [comments]

The Hempcoin Community Guide Q1 201

Table of contents:

  1. Preface
  2. Tools:
    • Masternode Calculator
    • Fork Preparedness guide
    • Mining Guide
  3. Current projects
  4. Social Platform Links
  5. F.A.Q's
 

Preface

In the past month, we, the team at The HempCoin have been making some huge changes, both internally and business development wise. We have added 3 new roles to the team: Community Outreach Manager, Business Development Manager, and Brand Ambassadors. Thanks to this, we have had many new developments which have shifted our timeframe a little as you may have seen. That being said, we are committed to ensuring our community is kept as up-to-date as possible and provided with as many support materials as we can create. We've spent the better half of two weeks writing up this guide and the tools included in it, in hopes that it will help answer many of the common questions we have been seeing and even some of the less common ones.
 

Tools

Masternode Calculator:
Ever since we have announced that we will be forking into a masternode coin, we have been asked for the details and specifics of the reward payout for a node. Seeing this, we have created a Spreadsheet that is editable by the community. It will calculate the rewards for any number of nodes, and also tell you the expected payout in USD based on a price the user can input. You can find the link to the sheet here.
 
Fork Preparedness Guide:
This guide will ensure you will be completely prepared for the upcoming fork. We have been seeing many questions about the fork which is understandable, and hopefully, this will alleviate many of those by ensuring all of our investors know how to make sure they are prepared, no matter their platform.
Windows: Currently there are two options for coin storage on windows. Bittrex, the exchange that THC is currently traded on, or our official wallet. the safest and most secure option would be to store your coins in the private wallet, however, Bittrex has also confirmed with us that they will be supporting our fork. If you are planning on storing your coins there, all you need to do is purchase the THC and leave it be, once we fork, you will get the new coin from bittrex automatically and that is all. If you intend on using our private wallet, you can download the most up-to-date version from our GitHub here. Once you install it, you will need to let it run to synchronize, this has been known to take a very long time (due to having to sync all blocks since 2014). Once we fork, we will ensure this is alleviated, however, for now, you can follow the tutorial that was written here which will help you go from needing about 2 weeks to sync to about 3 hours at max. Either of these coin storage options will ensure you are completely supported during our fork.
Mac: At the moment, our current wallet only supports the Windows platform. Once we complete our fork there will be a wallet available for all platforms including mac an Linux. So, if you do not have access to a Windows PC your best option for securely storing your coins during our fork is to store them on Bittrex. They have confirmed with the team that they will be supporting the fork so your coins will be safe with them.
Linux: As you may have read above, our wallet currently only officially supports the Windows platform at the moment, however, there have been users who have reported that they have been successful in installing the wallet on Linux. However, at the time, we do not officially support the platform. Our advice would be the same as provided to the Mac users, storing your coins on bittrex would be the best option until our Linux wallet is available.
Android: Currently, the only wallet we know of that will support THC on android is Coinomi. The community has been asking on their support forum if they will be supporting the fork and the reply that was received was somewhat unsure. They stated that no coins will be lost, but never confirmed if they would be adapting to the new algo and giving out any new coins. As the team, we have not heard whether or not they will be supporting the fork so the best plan for android users would be to either transfer your coins to a windows wallet, or to bittrex to ensure you are supported. We are not saying coinomi will not support the fork, however, it is an unknown, and we would prefer to ensure that there is 100% support.
 
Mining Guide:
Lately, we have seen quite a few inquiries about the possibility of mining THC. Currently, there is only one pool that we are aware of which is hosted on the mining-dutch.nl. The tutorial written below will cover how to get started mining with an NVIDIA GPU using the mining-dutch servers, on a Windows-based PC. AMD GPU's have a very similar process, the main difference will be that you need to swap out the program CCMiner for a program which supports the AMD architecture.
To start mining you'll need a few things:
  • A decent GPU (as many as possible really, these are the brains of the operation).
  • A fairly well-ventilated PC case(if you're just mining with your gaming PC)
  • Instead of a PC case a lot of big-time miners just use shelves and build the multi-GPU rigs on those.
  • A mining program (For this tutorial we will be using CCMiner but there are plenty of great alternatives out there too)
  • A pool to mine from (Think of this as a meeting place for all the GPUs to team up and mine faster)
Now that we know what we need to mine, let's get started on setting it up:
  1. Download the correct version of CCMiner: CCminer for 32bit systems or CCminer for 64bit systems (both of these files are just pulled straight from the github).
  2. You may need to install a program to open 7z files such as WinRar.
  3. Extract these files to somewhere like C:\Program Files, or at least somewhere you won't forget about them.
  4. You should see an api folder, a program called ccminer.exe (sometimes ccminer-x64.exe) and a few other small files. What you want to look for is ccminer.conf, this is your config file. You use this to tell your program what pool to mine from.
  5. Open up ccminer.conf with notepad or notepad++ if you have it installed (or really any other coding software) and now we can get to the file editing.
  6. When you open ccminer.conf you should see something that looks like this. (excuse the pastebin link, reddit doesnt seem to like code in lists.)
  7. Next, go to the mining-dutch link and setup an account. (Direct link to signup page)\
  8. (These next links will likely only work once you register and sign in)
  9. Proceed to the workers page (Normally found under My Account>My Workers)
  10. A worker is essentially telling the pool what machine is working for you. Create a new worker by entering in "Workername" "Password" and check the monitor box. Now just hit create.
  11. Now, go back to the ccminer.conf file that we opened earlier. If you follow this link you should see something that looks very much like your file, however, it also has labels, #1, #2, #3.
  12. On your file, fill in #1 with "stratum+tcp://mining-dutch.nl:3435" (this can be found on the mining dutch website, its just hidden. In the top right, click the cloud with the blue icon (getting started) then scroll down to the Vardiff address for Hempcoin)
  13. #2, enter your "loginname.workername" Login name being your username to login to mining-dutch, then workername being what you just named the worker we created.
  14. #3 can be filled with anything, they don't use passwords.
  15. This should really be all you need. Now save the ccminer.conf and then just run ccminer.exe
If all of this was done correctly you should see a command-prompt window pop up and your machine start to mine. It takes some time to get going so that is not unheard of, and also, if you look at the dashboard you may not see your worker show up for a while. This is normal, it uses averages over time to tell you what performance it is getting so it won't have a proper value for a few minutes.
 

Current Projects

We are always working on advancing all of our roadmap goals, however, lately, we have been focusing on a few key projects which are listed below (in no specific order).
  • Putting the finishing touches on the new wallet.
  • Ensuring bittrex is ready for the fork.
  • HempPay.
  • Merchant Services
  • Our mobile app
  • Graphics that will better represent the new THC.
  • A brand new website (launching soon!).
  • Connecting with many different owners/affiliates/partners to businesses which would like to use THC locally.
  • Implementing the ambassador program
  • Internal organization to ensure everyone is on the same page at all times.
 

Social Platform Links

One of the larger changes we have made is to bring a community outreach manager onboard to work on communication. We may have had missteps in the past, however that is in the past, we have changed and want to ensure we show you that change! Keeping in line with that, we have heard your cries for a more community-oriented social stance, so, we have created an official discord chatroom where anyone can come and chat with some of the devs, or the rest of the community to stay in the loop. We have also created a telegram more recently, which as of the date of typing this, has over 1000 members already, and it was only released less than a week ago. We do ask that everyone who joins reads over the rules that are posted in both locations and abides by them so we can have a clean and organized community. We are always looking to expand and if you have any more suggestions feel free to let us know!
 

F.A.Q's

Q: I transferred X amount of THC to my wallet, but it's missing? A: The first step to ensuring you never lose any THC is to confirm the wallet address. Always, always, always double and triple-check that the address you input is the same as your address. If there are ANY typos at all, you will not receive your coins. If you have checked and are sure that the address is correct, check your wallet. If you have just installed it, chances are you are still syncing with the blockchain; you will need to wait until you are caught up to see the THC. It's best practice to sync your wallet before you make any transfers. To check the status of your synchronization, check the debug menu in the wallet, it will show you the exact date you are synced to. Lastly, if you are for sure synced, and you have used the correct address, check the transaction ID on the block explorer. This will show what happened with the transaction and allow you to follow where it went. It could also still just be in progress, sometimes it can take up to an hour if there are service delays with the exchange or even just your internet connection.
Q: Why have there been so many delays with THC? You have been around forever! A: Although THC was one of the first 30 cryptocurrencies mined in 2014, the unfortunate truth is that before April 2017, there was no active full-time team. Since then, the original THC FoundeDeveloper and current CEO Tim has worked hard to add incredible new developers, a business outreach team, an entire marketing team, and the brand ambassadorship program. It has taken us a little time to organize, but we are finally in sync as a team and prepared to unleash this business on the world.
Q: When is the fork? A: As many of you have noticed, our whitepaper says fork will occur by Q2, while we previously announced Feb. 23rd. We did this not to provide our community with doubts, but to allow ourselves an added bit of time for our dev team which, like the rest of our team, has added new members in recent months. Due to this, we are far further along with our HempPay platform than we thought possible; as such we will be hiring 3rd party code auditor to audit our code to ensure we run as smoothly as possible. We would much rather delay a fork than risk any of our investor's privacy or security and fork too early. We also want to reiterate that we have a direct line with Bittrex and they will 100% support our fork. We do appreciate everyone’s patience with this transition into the future of THC; we’re working hard to ensure that we fork as early as possible.
Q: Will Bittrex be supporting the fork? A: We have seen this question come up many times now and the answer is, and will always be, yes. Bittrex is well aware of our plans and they know exactly where we stand regarding the fork date. Bittrex has also asked requested our community stop creating support tickets just to confirm the fork. They have been overwhelmed this week with the same question over and over. The final answer here is yes, Bittrex will be supporting the fork and we are in constant contact with them to ensure everything is going as planned.
Q: Will purchases with a credit card to HempPay count as cash advances? A: We are still in the middle stages of building HempPay and finalizing the format for operation and contractual agreements. We intend to partner with exchanges and use their API to make the purchases, so buying THC through our app will have the same effect as using your card to purchase straight from an exchange. Please note that HempPay is still in development so exact details may be subject to change.
Q: What is the cost for a masternode? Some say 10,000 others say 20,000 THC is required. A: To run a masternode, 20,000 THC will be required. We do acknowledge that during our transition, we had originally stated 20,000 and then our team announced 10,000 THC will be required. We have since readjusted our plan, realizing that the low requirement would sink MN profits and lower incentive. Instead, we returned the requirement to 20,000 THC and increased the node reward by 66%. For more information please check the masternode calculator in the Tools section.
Q: I heard Bittrex may delist THC. What?? A: Short answer: No and not even close. Long answer: This rumour was started over a year ago, it was based on a Bittrex Support post from January 27th, 2017. The only post we appear in is the one mentioned above. You will also see that we only appear due to being listed as a potential for removal, due to a lack of volume as most altcoins saw at that time. You will note the size of the list of altcoins here. We are now in direct communication with Bittrex daily and we unequivocally state that there is no need to worry about us being removed at all.
submitted by zacharyd3 to thehempcoin [link] [comments]

Getting Started with Bytecoin: A Beginner’s Guide

In this post, I discuss exactly what you need to start exploring cryptocurrency, particularly Bytecoin. It took me several days to learn this information through trial and error. Using information in this post, however, you should be able to start using cryptocurrency in less than a day. Specifically, I will discuss three things you must do to started, namely:
  1. Downloading a compatible wallet;
  2. Creating a .wallet file and syncing the wallet with the blockchain; and
  3. Getting Bytecoin by mining for it or purchasing it from someone who already has it.
In all honesty, these are the very basics of cryptocurrency, and you can apply the steps to almost any other currency, including Bitcoin. Similarly, I could write an entire post on how to configure your computer, so you reap the most amount of profits on Bytecoin UK, for example, but that is just beyond the scope of this post.
If, however, you find this post helpful, please donate BCN here: 21DUzLdrRHuX9A1d8P2NMSZFAo8XETxybEYjAhV3RdcmYePkCmjM9hoEVhPFQB4MofSeJPdjHhJSJRWjiBTyrY132LnDJT2
------------------------------------------------------Getting a Wallet----------------------------------------
The most secure way to store your Bytecoin is by installing a wallet, which is nothing more than a program that allows you to send and receive Bytecoin as well as mine for Bytecoin, on your laptop or desktop.
The best way to acquire the wallet is to visit the developer of Bytecoin’s website (i.e., https://bytecoin.org/downloads) and download it. Since Bytecoin is constantly being improved, I would recommend that you download the Beta version of the desktop wallet. Having just installed it myself, I know it's working just fine.
Once you download it, you will want to install it, and at this point, your anti-virus software may flag it as a virus, but it isn’t. It is 100% safe.
Next, you’ll want to create your wallet, which will require you to set a password. At the top of your wallet, click wallet and then create wallet, which should prompt you to enter a password. In creating a wallet, you'll notice that your wallet creates a .wallet file; you will want to save this somewhere safe, since it contains all of the information about your wallet. In other words, this is the file you can open to view your account.
As soon as you create the wallet, your wallet will begin synchronizing with the blockchain, which is a ledger of all of the transactions that have taken place with Bytecoin.
Depending on how fast your internet connect is, this process will take approximately 3 to 8 hours to complete, and it will take up a lot of your computer's resources, particularly its hard drive. This is completely normal, and once you go through this, you won’t have to do it again.
As soon as your wallet synchronizes with the blockchain, you will be ready to start sending and receiving Bytecoin. Similarly, if you do not sync your wallet with the blockchain, you will not able to send or receive Bytecoin!
Your Bytecoin address, which is the address at which you can receive funds from other people, is the long string of random characters toward the top of your wallet. If you click on it, it will automatically be copied to your clipboard.
Now, you’re ready to start sending and receiving Bytecoin and as well as mining for Bytecoin.
------------------------------------------------Acquiring Bytecoin--------------------------------------------
While there are several ways to acquire Bytecoin, I will discuss the two most reliable methods here. In essence, you can either use your computer to mine for Bytecoin, or you can purchase Bytecoin directly from someone who has Bytecoin already.
-------------------------------------------MinerGate---------------------------------------------------------
As for using your computer to mine for Bytecoin, I would recommend creating an account on MinerGate.com and downloading its mining software. As was the case for your Bytecoin wallet, your anti-virus may recognize the software as a virus, but it’s not.
Once you load the software, you simply put in same e-mail address you used to create the account on MinerGate.com and start mining.
As far as CPU mining goes, you will want to use less CPU power than you computer currently has available. For example, my processor has six cores, so I typically only use 5 cores to mine. If you only have a dual-core processor, I would recommend you only use one of the cores to mine. Otherwise, you can cause your machine to overheat.
To monitor my system, including its core and GPU temperature, I use Open Hardware Monitor (i.e., http://openhardwaremonitor.org/)
As soon as you mine 100 Bytecoins, you can then transfer them directly to your wallet. Note: If you are only using a limited amount of your computer’s resources, this can take as long as one month, and there are calculators on MinerGate.com that will help you determine how long it should take.
--------------------------------------------------Bytecoin UK------------------------------------------------
If you want to start earning Bytecoin within a few hours, you can also mine on the Bytecoin UK pool (i.e., https://bytecoin.uk/#getting_started).
On its website, you can download a miner that has a Graphical User Interface (GUI) and see the commands you need to use other mining software. For example, I use Claymore's CPU miner, so I enter the following commands in command prompt:
NsCpuCNMiner64 -o stratum+tcp://bytecoin.uk:3333 -u YOUR_WALLET_ADDRESS -p x
By entering your wallet ID on its website, you can check your mining statistics and payment history. In addition, you can also configure it so that you will receive payouts for every 5 BCN you mine. Note: MinerGate requires you to mine 100 BCN before you can transfer the BCN to your wallet, whereas Bytecoin UK only requires you to mine 5 BCN for a payout.
----------------------------------------------------------eBay-----------------------------------------------
If you don’t want to use your computer’s resources to mine Bytecoin, you can also purchase it directly from a seller.
In my experience, the most reliable way to buy Bytecoin is through eBay. There, you simply purchase Bytecoin from a seller who usually lists the methods by which he or she is willing to accept payment in the description of the post.
Typically, a seller will ask you to send your payment, as well as your Bytecoin address, to them via a message on PayPal.
As long as you send small amounts, your risk of being scammed is minimal, and personally, I have never been scammed this way.
So that’s it. Now, you’re ready to start using Bytecoin!
If you found this post helpful, please donate BCN here: 21DUzLdrRHuX9A1d8P2NMSZFAo8XETxybEYjAhV3RdcmYePkCmjM9hoEVhPFQB4MofSeJPdjHhJSJRWjiBTyrY132LnDJT2
submitted by Wolgadeutsch to BytecoinBCN [link] [comments]

I hate my Fucking Mining Rig - Short Story of my mining adventure (Don't really hate it)

Wanted to write a short write up on my journey of Crypto mining for some of the newer people and people who want to get into it. Not trying to discourage anyone from starting, but want to show the progression of a newbie.
So I am a good with computers and learned of Bitcoin when it was about $7 a coin. Laughed at the idea of some computer doing some math and getting some BS currency. Million dollar mistake on my part, but hindsight is always 20/20.
Anyways, Learned about ethereum in May. Bought some at around $180 and bought all the way up to $330. Now to the mining rig. Ran all of the calculations and with a 180 hashrate and 900 watts I was gonna get 6-7 Eth per month. Shit was gonna be profitable in under 3 months. I was gonna be a fucking crypto allstar and be rich as fuck!
Bought all of my parts literally the day before they were nonexistent. Literally bought the last RX480's from Amazon. Here is a list of my parts.
Asrock board Pentium dual core processor 4 Gb of ram 128 gb SSD 1200 watt Rosewill PSU 6 Sata to Molex PCI Risers (Junk) 6 RX480's - 2 Asus Strix, 4 Gigabyte Total cost - Roughly $2,500 (Pennies compared to my future ROI)
Please keep in mind that I am not posting every single miner issue that I ran into such as fucking with Wattman for a few weeks before learning about Trixx and Afterburner.
I've built computers before, so that part wasn't hard. Set everything up and get windows 10 running.
Problem 1 - Computer doesn't see all of the cards. Had to run the drivers a few times and tweak some shit, but got all 6 cards seen.
Miner hurdle (See what I did there) but off to the races. Let's get this bitch running so I can begin planning my retirement.
Get Claymore running, Got Trixx to overclock. Ran my cards at -96, 1200, 2200 fans at 85% (Cause I'm cool like that.) Major stability issues from the start. 1 card (Asus) would crash all the time. Didn't know about the watch dog feature in claymore that would restart my rig when a card crashed. Great feature but my computer would go into this state of having power, but not loading the operating system. Even if it did restart, most of the time claymore would get stuck right before setting the dag's and would just lock up. (Claymore program is awesome by the way, this was my rigs fault)
Could not get this fucking Asus card to stop crashing, even on stock settings. Sent the bitch back RMA style. Asus said something was wrong and sent me a new one.
Awesome, lets get this bitch running. I need to start looking at sick houses in Costa Rica to move to once I am rich as Fuck!
New card makes things better for a few days. Not 100% stable but better. Go to vegas for a driving thing (Race cars - Future rich guy stuff) and this mechanical demon starts crashing every few hours. Luckily I had Google remote desktop installed so I could log on and restart it or change settings in Trixx. Had to have my GF unplug it and plug it in a few times.
Get back home, fuck with this thing but still random crashes on random cards. Decide it is the PCI risers. Contact seller who will send me some more for free. Slow boat from china took two weeks to get them. They arrive but still some of them are bad. Can't seem to piece together 6 good ones.
Did some research online (Ethereum Forum and Reddit) and decided to get some new style of risers V007 6 Pin to Sata ($70) and they take a month to get here. Plug them all in and they seem to be working much better. Decent stability, But I ain't got time for fucking stock bios. Let's ramp these bitches up and get 32 MHs per card at 600 watts from the wall!
Actually flashing the bios was pretty easy. Thank you 6 pound 9 ounce baby jesus! Long story short had some major stability issues and bounced around with some different timing straps before finding the right ones. (Uber 3.1 for Samsung memory)
So now that we've got some good hash speeds and decent stability let's ramp this private ATM up a little bit by dual mining some Decred. Get dual mining up and running. go to sleep. Wake up the next morning expecting to see myself on the top 100 forbes list. look at my mining rig stats on my phone and see that it died roughly and hour after I went to sleep. Walked toward my rig on the red carpet I had just installed and saw that it was off. Flicked on the light to check it out. No light, WTF? Well I'll be god damned, no power in this whole fucking room. Checked my breakers and sure enough this metal motherfucker tripped my breaker.
No worries though. I'm smart as fuck. I'll just undervolt the shit out of it to get the power down. No way in hell I am just mining ether. I'm going balls to the wall!
As you can expect I had many days of stability issues and tripped breakers. But fuck it, I have homeowners insurance. Burning it to the ground will be covered. (Didn't happen)
My surge protector must be maxed out. Let's buy a bigger one ($25). Same issues.
Fuck Decred, I'll mine SIA, less power. Damn I'm smart.
Rig is more stable with Sia and no tripped breakers. Family medical emergency, have to fly north for a few days. But my rig has been fairly stable and I've got remote desktop if anything goes wrong.
Arrive at airport, check mining stats, rig is down. No worries remote desktop. FUCK, not responsive, no way to remote into the rig and no way to remotely power it off and on.
Lost 4 days of mining. But no worries the difficulty is only, Holy shit that's high! But the price of Ether will make up for it. Ether crashed to the $200's. Oh well, maybe a 10 room house in Costa instead of a 12. No sweat.
Get back to my house and this whore of a machine is just sitting there in a computer coma. It's on but it's not. LED lights glaring at me like "Fuck you human, I ain't doing your stupid math problems!" Fuck you machine, I'm your master. You will do my math problems and you will fucking like it.
My AMD Drivers seem to disappear and the computer goes into a coma like state. Someone on Reddit suggested using the 16.9.2 drivers. Installed and they worked better.
Still random crashing. This shitty PSU must be maxed out. Fuck you PSU, I'm getting you a little brother (EVGA 750 gold $120.)
What do you mean you have to jerry rig a second PSU so it starts without being connected to a motherboard? 2 more hours of my life wasted.
But finally some stability. On my way to being fucking rich. I start looking at people in bentley's and can only laugh. You dumb fuck, I'm gonna be way richer then you. Gonna get a Bugatti for each day of the week.
Damn this difficulty is a bitch. Fuck you Genesis Mining and your pallets of GPU's. You're killing me smalls!
But anyway, on my way to rolling around in my fuck you money!
Fuck you dag file 135, you're killing my future millions. Fuck you dag 138, you dropped me to 167 mhs.
Thank god AMD was there to save my ass with their dope ass blockchain drivers.
download, run DDU, Restart, install drivers, restart, run pixel patch, restart. Perfect, I'm in the money now! I can taste the caviar and champagne already.
Now my cards only run 4 Mhs each. WTF? Try a bunch of the other new drivers. Same shit. Roll back to 16.9.2 and they run fine, just at 167 instead of 180.
Someone on a forum said he had the same issue and did a fresh install of windows 10 and it worked.
So I'll just reformat my SSD (Windows wouldn't do a fresh install within the operating system. Fuck you Bill Gates! Gonna buy you once I get this thing running at 180.)
Format SSD, plug back in, throw in my gangster ass boot USB drive. Ramdisk error. Fuck you Bill Gates! Reformat SSD multiple times, lots of forum reading. Install windows from another computer through command prompt (I'm a coder now as well.) This shit has got to work, I did it in command prompt bitches!
Same fucking error. Now down to an 8 bedroom house in Costa and only 6 Bugattis.
Let's try unplugging my 6 cards and see if that works. Thank you 6 pound 9 ounce baby jesus. Windows installed.
New drivers work and I'm back at 180! Raking in the cash now.
With those speeds my Asus cards crashed. Had to dial down the hashrate to 177.5 for them to be stable. So now going to use some commands in claymore to run the Asus cards at lower speeds while letting my other cards mine harder.
I wrote this to let people know that mining isn't all Bugatti's and caviar. These machines are fickle little cunts that do what they want. No system is the same. So when you post on a forum, people will give you advice on what may work. But what works for them, may not work on your rig. In the end it's up to you to figure it out.
I have spent countless hours after work and on weekends working on this bitch. Hell I've probably spent a few hours just staring at it and thinking about all of the ways I could destroy it slowly.
While I love Etheruem and do value the knowledge gained, I would have made more money just buying Eth and holding.
The guys you see on youtube building sick rigs with crazy specs have been at it for a while. They have worked through the process and know how to solve all of the problems. You have not and will have to work them out on your own.
My whore of a rig will pay for itself soon. But I would suggest that if you want to start building a new mining rig. Check the difficulty chart and make sure you have tons of free time to fuck with it.
I'd post my wallet address for donations since I just saved you $2,600. But I am afraid hackers will steal my monies :)
Hope you enjoyed my mining life story from the past few months.
submitted by dank4us12 to EtherMining [link] [comments]

Repost - I hate my Fucking Mining rig! (Not really)(Long)

Wanted to write a short write up on my journey of Crypto mining for some of the newer people and people who want to get into it. Not trying to discourage anyone from starting, but want to show the progression of a newbie.
So I am a good with computers and learned of Bitcoin when it was about $7 a coin. Laughed at the idea of some computer doing some math and getting some BS currency. Million dollar mistake on my part, but hindsight is always 20/20.
Anyways, Learned about ethereum in May. Bought some at around $180 and bought all the way up to $330. Now to the mining rig. Ran all of the calculations and with a 180 hashrate and 900 watts I was gonna get 6-7 Eth per month. Shit was gonna be profitable in under 3 months. I was gonna be a fucking crypto allstar and be rich as fuck!
Bought all of my parts literally the day before they were nonexistent. Literally bought the last RX480's from Amazon. Here is a list of my parts.
Asrock board Pentium dual core processor 4 Gb of ram 128 gb SSD 1200 watt Rosewill PSU 6 Sata to Molex PCI Risers (Junk) 6 RX480's - 2 Asus Strix, 4 Gigabyte Total cost - Roughly $2,500 (Pennies compared to my future ROI)
Please keep in mind that I am not posting every single miner issue that I ran into such as fucking with Wattman for a few weeks before learning about Trixx and Afterburner.
I've built computers before, so that part wasn't hard. Set everything up and get windows 10 running.
Problem 1 - Computer doesn't see all of the cards. Had to run the drivers a few times and tweak some shit, but got all 6 cards seen.
Miner hurdle (See what I did there) but off to the races. Let's get this bitch running so I can begin planning my retirement.
Get Claymore running, Got Trixx to overclock. Ran my cards at -96, 1200, 2200 fans at 85% (Cause I'm cool like that.) Major stability issues from the start. 1 card (Asus) would crash all the time. Didn't know about the watch dog feature in claymore that would restart my rig when a card crashed. Great feature but my computer would go into this state of having power, but not loading the operating system. Even if it did restart, most of the time claymore would get stuck right before setting the dag's and would just lock up. (Claymore program is awesome by the way, this was my rigs fault)
Could not get this fucking Asus card to stop crashing, even on stock settings. Sent the bitch back RMA style. Asus said something was wrong and sent me a new one.
Awesome, lets get this bitch running. I need to start looking at sick houses in Costa Rica to move to once I am rich as Fuck!
New card makes things better for a few days. Not 100% stable but better. Go to vegas for a driving thing (Race cars - Future rich guy stuff) and this mechanical demon starts crashing every few hours. Luckily I had Google remote desktop installed so I could log on and restart it or change settings in Trixx. Had to have my GF unplug it and plug it in a few times.
Get back home, fuck with this thing but still random crashes on random cards. Decide it is the PCI risers. Contact seller who will send me some more for free. Slow boat from china took two weeks to get them. They arrive but still some of them are bad. Can't seem to piece together 6 good ones.
Did some research online (Ethereum Forum and Reddit) and decided to get some new style of risers V007 6 Pin to Sata ($70) and they take a month to get here. Plug them all in and they seem to be working much better. Decent stability, But I ain't got time for fucking stock bios. Let's ramp these bitches up and get 32 MHs per card at 600 watts from the wall!
Actually flashing the bios was pretty easy. Thank you 6 pound 9 ounce baby jesus! Long story short had some major stability issues and bounced around with some different timing straps before finding the right ones. (Uber 3.1 for Samsung memory)
So now that we've got some good hash speeds and decent stability let's ramp this private ATM up a little bit by dual mining some Decred. Get dual mining up and running. go to sleep. Wake up the next morning expecting to see myself on the top 100 forbes list. look at my mining rig stats on my phone and see that it died roughly and hour after I went to sleep. Walked toward my rig on the red carpet I had just installed and saw that it was off. Flicked on the light to check it out. No light, WTF? Well I'll be god damned, no power in this whole fucking room. Checked my breakers and sure enough this metal motherfucker tripped my breaker.
No worries though. I'm smart as fuck. I'll just undervolt the shit out of it to get the power down. No way in hell I am just mining ether. I'm going balls to the wall!
As you can expect I had many days of stability issues and tripped breakers. But fuck it, I have homeowners insurance. Burning it to the ground will be covered. (Didn't happen)
My surge protector must be maxed out. Let's buy a bigger one ($25). Same issues.
Fuck Decred, I'll mine SIA, less power. Damn I'm smart.
Rig is more stable with Sia and no tripped breakers. Family medical emergency, have to fly north for a few days. But my rig has been fairly stable and I've got remote desktop if anything goes wrong.
Arrive at airport, check mining stats, rig is down. No worries remote desktop. FUCK, not responsive, no way to remote into the rig and no way to remotely power it off and on.
Lost 4 days of mining. But no worries the difficulty is only, Holy shit that's high! But the price of Ether will make up for it. Ether crashed to the $200's. Oh well, maybe a 10 room house in Costa instead of a 12. No sweat.
Get back to my house and this whore of a machine is just sitting there in a computer coma. It's on but it's not. LED lights glaring at me like "Fuck you human, I ain't doing your stupid math problems!" Fuck you machine, I'm your master. You will do my math problems and you will fucking like it.
My AMD Drivers seem to disappear and the computer goes into a coma like state. Someone on Reddit suggested using the 16.9.2 drivers. Installed and they worked better.
Still random crashing. This shitty PSU must be maxed out. Fuck you PSU, I'm getting you a little brother (EVGA 750 gold $120.)
What do you mean you have to jerry rig a second PSU so it starts without being connected to a motherboard? 2 more hours of my life wasted.
But finally some stability. On my way to being fucking rich. I start looking at people in bentley's and can only laugh. You dumb fuck, I'm gonna be way richer then you. Gonna get a Bugatti for each day of the week.
Damn this difficulty is a bitch. Fuck you Genesis Mining and your pallets of GPU's. You're killing me smalls!
But anyway, on my way to rolling around in my fuck you money!
Fuck you dag file 135, you're killing my future millions. Fuck you dag 138, you dropped me to 167 mhs.
Thank god AMD was there to save my ass with their dope ass blockchain drivers.
download, run DDU, Restart, install drivers, restart, run pixel patch, restart. Perfect, I'm in the money now! I can taste the caviar and champagne already.
Now my cards only run 4 Mhs each. WTF? Try a bunch of the other new drivers. Same shit. Roll back to 16.9.2 and they run fine, just at 167 instead of 180.
Someone on a forum said he had the same issue and did a fresh install of windows 10 and it worked.
So I'll just reformat my SSD (Windows wouldn't do a fresh install within the operating system. Fuck you Bill Gates! Gonna buy you once I get this thing running at 180.)
Format SSD, plug back in, throw in my gangster ass boot USB drive. Ramdisk error. Fuck you Bill Gates! Reformat SSD multiple times, lots of forum reading. Install windows from another computer through command prompt (I'm a coder now as well.) This shit has got to work, I did it in command prompt bitches!
Same fucking error. Now down to an 8 bedroom house in Costa and only 6 Bugattis.
Let's try unplugging my 6 cards and see if that works. Thank you 6 pound 9 ounce baby jesus. Windows installed.
New drivers work and I'm back at 180! Raking in the cash now.
With those speeds my Asus cards crashed. Had to dial down the hashrate to 177.5 for them to be stable. So now going to use some commands in claymore to run the Asus cards at lower speeds while letting my other cards mine harder.
I wrote this to let people know that mining isn't all Bugatti's and caviar. These machines are fickle little cunts that do what they want. No system is the same. So when you post on a forum, people will give you advice on what may work. But what works for them, may not work on your rig. In the end it's up to you to figure it out.
I have spent countless hours after work and on weekends working on this bitch. Hell I've probably spent a few hours just staring at it and thinking about all of the ways I could destroy it slowly.
While I love Etheruem and do value the knowledge gained, I would have made more money just buying Eth and holding.
The guys you see on youtube building sick rigs with crazy specs have been at it for a while. They have worked through the process and know how to solve all of the problems. You have not and will have to work them out on your own.
My whore of a rig will pay for itself soon. But I would suggest that if you want to start building a new mining rig. Check the difficulty chart and make sure you have tons of free time to fuck with it.
I'd post my wallet address for donations since I just saved you $2,600. But I am afraid hackers will steal my monies :)
Hope you enjoyed my mining life story from the past few months.
Edit - Had an Asus card die on me and replaced it with a 1070ti. Nvidia is so much easier!
My rosewill 1200 watt PSU melted the 8 pin port and cable. Had to drop $300 on Amazons last 1300 EVGA.
But my rig has well surpassed it's cost and is still mining away like a champ. Eth for life!
submitted by dank4us12 to EtherMining [link] [comments]

The Nexus FAQ - part 1

Full formatted version: https://docs.google.com/document/d/16KKjVjQH0ypLe00aoTJ_hZyce7RAtjC5XHom104yn6M/
 

Nexus 101:

  1. What is Nexus?
  2. What benefits does Nexus bring to the blockchain space?
  3. How does Nexus secure the network and reach consensus?
  4. What is quantum resistance and how does Nexus implement this?
  5. What is Nexus’ Unified Time protocol?
  6. Why does Nexus need its own satellite network?
 

The Nexus Currency:

  1. How can I get Nexus?
  2. How much does a transaction cost?
  3. How fast does Nexus transfer?
  4. Did Nexus hold an ICO? How is Nexus funded?
  5. Is there a cap on the number of Nexus in existence?
  6. What is the difference between the Oracle wallet and the LLD wallet?
  7. How do I change from Oracle to the LLD wallet?
  8. How do I install the Nexus Wallet?
 

Types of Mining or Minting:

  1. Can I mine Nexus?
  2. How do I mine Nexus?
  3. How do I stake Nexus?
  4. I am staking with my Nexus balance. What are trust weight, block weight and stake weight?
 

Nexus 101:

1. What is Nexus (NXS)?
Nexus is a digital currency, distributed framework, and peer-to-peer network. Nexus further improves upon the blockchain protocol by focusing on the following core technological principles:
Nexus will combine our in-development quantum-resistant 3D blockchain software with cutting edge communication satellites to deliver a free, distributed, financial and data solution. Through our planned satellite and ground-based mesh networks, Nexus will provide uncensored internet access whilst bringing the benefits of distributed database systems to the world.
For a short video introduction to Nexus Earth, please visit this link
 
2. What benefits does Nexus bring to the blockchain space?
As Nexus has been developed, an incredible amount of time has been put into identifying and solving several key limitations:
Nexus is also developing a framework called the Lower Level Library. This LLL will incorporate the following improvements:
For information about more additions to the Lower Level Library, please visit here
 
3. How does Nexus secure the network and reach consensus?
Nexus is unique amongst blockchain technology in that Nexus uses 3 channels to secure the network against attack. Whereas Bitcoin uses only Proof-of-Work to secure the network, Nexus combines a prime number channel, a hashing channel and a Proof-of-Stake channel. Where Bitcoin has a difficulty adjustment interval measured in weeks, Nexus can respond to increased hashrate in the space of 1 block and each channel scales independently of the other two channels. This stabilizes the block times at ~50 seconds and ensures no single channel can monopolize block production. This means that a 51% attack is much more difficult to launch because an attacker would need to control all 3 channels.
Every 60 minutes, the Nexus protocol automatically creates a checkpoint. This prevents blocks from being created or modified dated prior to this checkpoint, thus protecting the chain from malicious attempts to introduce an alternate blockchain.
 
4. What is quantum resistance and how does Nexus implement it?
To understand what quantum resistance is and why it is important, you need to understand how quantum computing works and why it’s a threat to blockchain technology. Classical computing uses an array of transistors. These transistors form the heart of your computer (the CPU). Each transistor is capable of being either on or off, and these states are used to represent the numerical values 1 and 0.
Binary digits’ (bits) number of states depends on the number of transistors available, according to the formula 2n, where n is the number of transistors. Classical computers can only be in one of these states at any one time, so the speed of your computer is limited to how fast it can change states.
Quantum computers utilize quantum bits, “qubits,” which are represented by the quantum state of electrons or photons. These particles are placed into a state called superposition, which allows the qubit to assume a value of 1 or 0 simultaneously.
Superposition permits a quantum computer to process a higher number of data possibilities than a classical computer. Qubits can also become entangled. Entanglement makes a qubit dependant on the state of another, enabling quantum computing to calculate complex problems, extremely quickly.
One such problem is the Discrete Logarithm Problem which elliptic curve cryptography relies on for security. Quantum computers can use Shor’s algorithm to reverse a key in polynomial time (which is really really really fast). This means that public keys become vulnerable to quantum attack, since quantum computers are capable of being billions of times faster at certain calculations. One way to increase quantum resistance is to require more qubits (and more time) by using larger private keys:
Bitcoin Private Key (256 bit) 5Kb8kLf9zgWQnogidDA76MzPL6TsZZY36hWXMssSzNydYXYB9KF
Nexus Private Key (571 bit) 6Wuiv513R18o5cRpwNSCfT7xs9tniHHN5Lb3AMs58vkVxsQdL4atHTF Vt5TNT9himnCMmnbjbCPxgxhSTDE5iAzCZ3LhJFm7L9rCFroYoqz
Bitcoin addresses are created by hashing the public key, so it is not possible to decrypt the public key from the address; however, once you send funds from that address, the public key is published on the blockchain rendering that address vulnerable to attack. This means that your money has higher chances of being stolen.
Nexus eliminates these vulnerabilities through an innovation called signature chains. Signature chains will enable access to an account using a username, password and PIN. When you create a transaction on the network, you claim ownership of your signature chain by revealing the public key of the NextHash (the hash of your public key) and producing a signature from the one time use private key. Your wallet then creates a new private/public keypair, generates a new NextHash, including the corresponding contract. This contract can be a receive address, a debit, a vote, or any other type of rule that is written in the contract code.
This keeps the public key obscured until the next transaction, and by divorcing the address from the public key, it is unnecessary to change addresses in order to change public keys. Changing your password or PIN code becomes a case of proving ownership of your signature chain and broadcasting a new transaction with a new NextHash for your new password and/or PIN. This provides the ability to login to your account via the signature chain, which becomes your personal chain within the 3D chain, enabling the network to prove and disprove trust, and improving ease of use without sacrificing security.
The next challenge with quantum computers is that Grover’s algorithm reduces the security of one-way hash function by a factor of two. Because of this, Nexus incorporates two new hash functions, Skein and Keccak, which were designed in 2008 as part of a contest to create a new SHA3 standard. Keccak narrowly defeated Skein to win the contest, so to maximize their potential Nexus combines these algorithms. Skein and Keccak utilize permutation to rotate and mix the information in the hash.
To maintain a respective 256/512 bit quantum resistance, Nexus uses up to 1024 bits in its proof-of-work, and 512 bits for transactions.
 
5. What is the Unified Time protocol?
All blockchains use time-stamping mechanisms, so it is important that all nodes operate using the same clock. Bitcoin allows for up to 2 hours’ discrepancy between nodes, which provides a window of opportunity for the blockchain to be manipulated by time-related attack vectors. Nexus eliminates this vulnerability by implementing a time synchronization protocol termed Unified Time. Unified Time also enhances transaction processing and will form an integral part of the 3D chain scaling solution.
The Unified Time protocol facilitates a peer-to-peer timing system that keeps all clocks on the network synchronized to within a second. This is seeded by selected nodes with timestamps derived from the UNIX standard; that is, the number of seconds since January 1st, 1970 00:00 UTC. Every minute, the seed nodes report their current time, and a moving average is used to calculate the base time. Any node which sends back a timestamp outside a given tolerance is rejected.
It is important to note that the Nexus network is fully synchronized even if an individual wallet displays something different from the local time.
 
6. Why does Nexus need its own satellite network?
One of the key limitations of a purely electronic monetary system is that it requires a connection to the rest of the network to verify transactions. Existing network infrastructure only services a fraction of the world’s population.
Nexus, in conjunction with Vector Space Systems, is designing communication satellites, or cubesats, to be launched into Low Earth Orbit in 2019. Primarily, the cubesat mesh network will exist to give Nexus worldwide coverage, but Nexus will also utilize its orbital and ground mesh networks to provide free and uncensored internet access to the world.
 

The Nexus Currency (NXS):

1. How can I get Nexus?
There are two ways you can obtain Nexus. You can either buy Nexus from an exchange, or you can run a miner and be rewarded for finding a block. If you wish to mine Nexus, please follow our guide found below.
Currently, Nexus is available on the following exchanges:
Nexus is actively reaching out to other exchanges to continue to be listed on cutting edge new financial technologies..
 
2. How much does a transaction cost?
Under Nexus, the fee structure for making a transaction depends on the size of your transaction. A default fee of 0.01 NXS will cover most transactions, and users have the option to pay higher fees to ensure their transactions are processed quickly.
When the 3D chain is complete and the initial 10-year distribution period finishes, Nexus will absorb these fees through inflation, enabling free transactions.
 
3. How fast does Nexus transfer?
Nexus reaches consensus approximately every ~ 50 seconds. This is an average time, and will in some circumstances be faster or slower. NXS currency which you receive is available for use after just 6 confirmations. A confirmation is proof from a node that the transaction has been included in a block. The number of confirmations in this transaction is the number that states how many blocks it has been since the transaction is included. The more confirmations a transaction has, the more secure its placement in the blockchain is.
 
4. Did Nexus hold an ICO? How is Nexus funded?
The Nexus Embassy, a 501(C)(3) not-for-profit corporation, develops and maintains the Nexus blockchain software. When Nexus began under the name Coinshield, the early blocks were mined using the Developer and Exchange (Ambassador) addresses, which provides funding for the Nexus Embassy.
The Developer Fund fuels ongoing development and is sourced by a 1.5% commission per block mined, which will slowly increase to 2.5% after 10 years. This brings all the benefits of development funding without the associated risks.
The Ambassador (renamed from Exchange) keys are funded by a 20% commission per block reward. These keys are mainly used to pay for marketing, and producing and launching the Nexus satellites.
When Nexus introduces developer and ambassador contracts, they will be approved, denied, or removed by six voting groups namely: currency, developer, ambassador, prime, hash, and trust.
Please Note: The Nexus Embassy reserves the sole right to trade, sell and or use these funds as required; however, Nexus will endeavor to minimize the impact that the use of these funds has upon the NXS market value.
 
5. Is there a cap on the number of NXS in existence?
After an initial 10-year distribution period ending on September 23rd, 2024, there will be a total of 78 million NXS. Over this period, the reward gradient for mining Nexus follows a decaying logarithmic curve instead of the reward halving inherent in Bitcoin. This avoids creating a situation where older mining equipment is suddenly unprofitable, encouraging miners to continue upgrading their equipment over time and at the same time reducing major market shocks on block halving events.
When the distribution period ends, the currency supply will inflate annually by a maximum of 3% via staking and by 1% via the prime and hashing channels. This inflation is completely unlike traditional inflation, which degrades the value of existing coins. Instead, the cost of providing security to the blockchain is paid by inflation, eliminating transaction fees.
Colin Cantrell - Nexus Inflation Explained
 
6. What is the difference between the LLD wallet and the Oracle wallet?
Due to the scales of efficiency needed by blockchain, Nexus has developed a custom-built database called the Lower Level Database. Since the development of the LLD wallet 0.2.3.1, which is a precursor to the Tritium updates, you should begin using the LLD wallet to take advantage of the faster load times and improved efficiency.
The Oracle wallet is a legacy wallet which is no longer maintained or updated. It utilized the Berkeley DB, which is not designed to meet the needs of a blockchain. Eventually, users will need to migrate to the LLD wallet. Fortunately, the wallet.dat is interchangeable between wallets, so there is no risk of losing access to your NXS.
 
7. How do I change from Oracle to the LLD wallet?
Step 1 - Backup your wallet.dat file. You can do this from within the Oracle wallet Menu, Backup Wallet.
Step 2 - Uninstall the Oracle wallet. Close the wallet and navigate to the wallet data directory. On Windows, this is the Nexus folder located at %APPDATA%\Nexus. On macOS, this is the Nexus folder located at ~/Library/Application Support/Nexus. Move all of the contents to a temporary folder as a backup.
Step 3 - Copy your backup of wallet.dat into the Nexus folder located as per Step 2.
Step 4 - Install the Nexus LLD wallet. Please follow the steps as outlined in the next section. Once your wallet is fully synced, your new wallet will have access to all your addresses.
 
8. How do I install the Nexus Wallet?
You can install your Nexus wallet by following these steps:
Step 1 - Download your wallet from www.nexusearth.com. Click the Downloads menu at the top and select the appropriate wallet for your operating system.
Step 2 - Unzip the wallet program to a folder. Before running the wallet program, please consider space limitations and load times. On the Windows OS, the wallet saves all data to the %APPDATA%\Nexus folder, including the blockchain, which is currently ~3GB.
On macOS, data is saved to the ~/Library/Application Support/Nexus folder. You can create a symbolic link, which will allow you to install this information in another location.
Using Windows, follow these steps:
On macOS, follow these steps:
Step 3 (optional) - Before running the wallet, we recommend downloading the blockchain database manually. Nexus Earth maintains a copy of the blockchain data which can save hours from the wallet synchronization process. Please go to www.nexusearth.com and click the Downloads menu.
Step 4 (optional) - Extract the database file. This is commonly found in the .zip or .rar format, so you may need a program like 7zip to extract the contents. Please extract it to the relevant directory, as outlined in step 2.
Step 5 - You can now start your wallet. After it loads, it should be able to complete synchronization in a short time. This may still take a couple of hours. Once it has completed synchronizing, a green check mark icon will appear in the lower right corner of the wallet.
Step 6 - Encrypt your wallet. This can be done within the wallet, under the Settings menu. Encrypting your wallet will lock it, requiring a password in order to send transactions.
Step 7 - Backup your wallet.dat file. This can be done from the File menu inside the wallet. This file contains the keys to the addresses in your wallet. You may wish to keep a secure copy of your password somewhere, too, in case you forget it or someone else (your spouse, for example) ever needs it.
You should back up your wallet.dat file again any time you create – or a Genesis transaction creates (see “staking” below) – a new address.
 

Types of Mining or Minting:

1.Can I mine Nexus?
Yes, there are 2 channels that you can use to mine Nexus, and 1 channel of minting:
Prime Mining Channel
This mining channel looks for a special prime cluster of a set length. This type of calculation is resistant to ASIC mining, allowing for greater decentralization. This is most often performed using the CPU.
Hashing Channel
This channel utilizes the more traditional method of hashing. This process adds a random nonce, hashes the data, and compares the resultant hash against a predetermined format set by the difficulty. This is most often performed using a GPU.
Proof of Stake (nPoS)
Staking is a form of mining NXS. With this process, you can receive NXS rewards from the network for continuously operating your node (wallet). It is recommended that you only stake with a minimum balance of 1000 NXS. It’s not impossible to stake with less, but it becomes harder to maintain trust. Losing trust resets the interest rate back to 0.5% per annum.
 
2. How do I mine Nexus?
As outlined above, there are two types of mining and 1 proof of stake. Each type of mining uses a different component of your computer to find blocks, the CPU or the GPU. Nexus supports CPU and GPU mining on Windows only. There are also third-party macOS builds available.
Please follow the instructions below for the relevant type of miner.
 
Prime Mining:
Almost every CPU is capable of mining blocks on this channel. The most effective method of mining is to join a mining pool and receive a share of the rewards based on the contribution you make. To create your own mining facility, you need the CPU mining software, and a NXS address. This address cannot be on an exchange. You create an address when you install your Nexus wallet. You can find the related steps under How Do I Install the Nexus Wallet?
Please download the relevant miner from http://nexusearth.com/mining.html. Please note that there are two different miner builds available: the prime solo miner and the prime pool miner. This guide will walk you through installing the pool miner only.
Step 1 - Extract the archive file to a folder.
Step 2 - Open the miner.conf file. You can use the default host and port, but these may be changed to a pool of your choice. You will need to change the value of nxs_address to the address found in your wallet. Sieve_threads is the number of CPU threads you want to use to find primes. Ptest_threads is the number of CPU threads you want to test the primes found by the sieve. As a general rule, the number of threads used for the sieve should be 75% of the threads used for testing.
It is also recommended to add the following line to the options found in the .conf file:
"experimental" : "true"
This option enables the miner to use an improved sieve algorithm which will enable your miner to find primes at a faster rate.
Step 3 - Run the nexus_cpuminer.exe file. For a description of the information shown in this application, please read this guide.
 
Hashing:
The GPU is a dedicated processing unit housed on-board your graphics card. The GPU is able to perform certain tasks extremely well, unlike your CPU, which is designed for parallel processing. Nexus supports both AMD and Nvidia GPU mining, and works best on the newer models. Officially, Nexus does not support GPU pool mining, but there are 3rd party miners with this capability.
The latest software for the Nvidia miner can be found here. The latest software for the AMD miner can be found here. The AMD miner is a third party miner. Information and advice about using the AMD miner can be found on our Slack channel. This guide will walk you through the Nvidia miner.
Step 1 - Close your wallet. Navigate to %appdata%\Nexus (~/Library/Application Support/Nexus on macOS) and open the nexus.conf file. Depending on your wallet, you may or may not have this file. If not, please create a new txt file and save it as nexus.conf
You will need to add the following lines before restarting your wallet:
Step 2 - Extract the files into a new folder.
Step 3 - Run the nexus.bat file. This will run the miner and deposit any rewards for mining a block into the account on your wallet.
For more information on either Prime Mining or Hashing, please join our Slack and visit the #mining channel. Additional information can be found here.
 
3. How do I stake Nexus?
Once you have your wallet installed, fully synchronized and encrypted, you can begin staking by:
After you begin staking, you will receive a Genesis transaction as your first staking reward. This establishes a Trust key in your wallet and stakes your wallet balance on that key. From that point, you will periodically receive additional Trust transactions as further staking rewards for as long as your Trust key remains active.
IMPORTANT - After you receive a Genesis transaction, backup your wallet.dat file immediately. You can select the Backup Wallet option from the File menu, or manually copy the file directly. If you do not do this, then your Nexus balance will be staked on the Trust key that you do not have backed up, and you risk loss if you were to suffer a hard drive failure or other similar problem. In the future, signature chains will make this precaution unnecessary.
 
4. I am staking with my Nexus balance. What are interest rate, trust weight, block weight, and stake weight?
These items affect the size and frequency of staking rewards after you receive your initial Genesis transaction. When staking is active, the wallet displays a clock icon in the bottom right corner. If you hover your mouse pointer over the icon, a tooltip-style display will open up, showing their current values.
Please remember to backup your wallet.dat file (see question 3 above) after you receive a Genesis transaction.
Interest Rate - The minting rate at which you will receive staking rewards, displayed as an annual percentage of your NXS balance. It starts at 0.5%, increasing to 3% after 12 months. The rate increase is not linear but slows over time. It takes several weeks to reach 1% and around 3 months to reach 2%.
With this rate, you can calculate the average amount of NXS you can expect to receive each day for staking.
Trust Weight - An indication of how much the network trusts your node. It starts at 5% and increases much more quickly than the minting (interest) rate, reaching 100% after one month. Your level of trust increases your stake weight (below), thus increasing your chances of receiving staking transactions. It becomes easier to maintain trust as this value increases.
Block Weight - Upon receipt of a Genesis transaction, this value will begin increasing slowly, reaching 100% after 24 hours. Every time you receive a staking transaction, the block weight resets. If your block weight reaches 100%, then your Trust key expires and everything resets (0.5% interest rate, 5% trust weight, waiting for a new Genesis transaction).
This 24-hour requirement will be replaced by a gradual decay in the Tritium release. As long as you receive a transaction before it decays completely, you will hold onto your key. This change addresses the potential of losing your trust key after months of staking simply because of one unlucky day receiving trust transactions.
Stake Weight - The higher your stake weight, the greater your chance of receiving a transaction. The exact value is a derived by a formula using your trust weight and block weight, which roughly equals the average of the two. Thus, each time you receive a transaction, your stake weight will reset to approximately half of your current level of trust.
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De toate - YouTube Best Starter FPGA Mining Rig - Hashaltcoin Blackminer F1 Mini + Plus Review  High Profits Low Power

It is much easier to predict the relationship of the two parameters in form of the Mining Factor. The Mining Factor 100 is the value in USD of the bitcoins you can generate if you let a 100MHash/s miner run for 24 hours. If the Mining Factor 100 rises above $2 or so everybody buys mining equipment and thus increases difficulty. That’s a very small amount of profit for all the heat generated and possible wear on my computer’s components, so I will not be mining with NiceHash on my PC. The NiceHash calculator is a little misleading because it trumpets the previous month’s numbers, but it does seem to be accurate—if you look closer. The viability of the average Joe making money mining bitcoins has long since passed. You'll make more with a part-time job and not have to invest thousands to make a few hundred here and there. If anything this shows how dumb it is people trying to make bills from bitcoin when they should just be looking ahead as making bitcoin the currency you The software is available for free, but you can choose to share your 1% of mining profits directly with the developer. This is a donation which is as per your will and so, you can disable the option after sharing the profits for a week or for a month. Bitcoin Mining Profit Calculator: Gaiden We are pleased to announce the availability of a new mining profit calculator, the Bitcoin Mining Profit Calculator: Gaiden . Based on the same cutting-edge technology as last year's Advanced Bitcoin Simulator , our announcement has already been deleted a couple of times on bitcointalk.

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De toate - YouTube

Researching a stock before investing in any company is the most important factor. I will explain to you how you can carry out financial statement analysis of company in PDF. Financial statement ... CUM SA CUMPERI BITCOIN ȘI SA TRANZACTIONEZI BITCOIN, ETHEREUM sau RIPPLE ... BIG ETN WINS! $3 Electroneum BULLRUN Mobil Mining Will Change Cryptocurrency ... Send Money with Command Line Wallet ... This low cost, low power usage, low heat, low noise, and high profitability FPGA mining rig may be one of the best miner choices in the current cryptocurrency mining landscape. Here's the ...