Cryptocoin Mining?

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Feb 19, 2009
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Time will tell if NXT will become the first successful proof-of-stake coin or not, but I am staking a small, early claim in the hopes that it does eventually become the next bitcoin.

Its hard to say but my own feelings on this, no other coin will displace bitcoin, because globally, the infrastructure, investment and business development is purely based on BTC. Every other new coin must co-inhabit BTC's domain and remain a "slave" coin.

The first come first serve phenomenon is very strong.
 

Kallogan

Senior member
Aug 2, 2010
340
5
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You have to update NXT client almost on a day basis right now to keep forging/mining. Now client is on 0.4.7e.

I love the concept so far. Such a no brainer compared to classic mining. No pools down, no GPU constantly roaring. I'm feeling peaceful
 
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IEC

Elite Member
Super Moderator
Jun 10, 2004
14,572
5,971
136
You have to update NXT client almost on a day basis right now to keep forging/mining. Now client is on 0.4.7e.

I love the concept so far. Such a no brainer compared to classic mining. No pools down, no GPU constantly roaring. I'm feeling peaceful

Yeah, but you need a fat stack of NXT to get the best shot at gaining NXT through mining.
 

hawtdawg

Golden Member
Jun 4, 2005
1,223
7
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I still don't quite get the appeal of NXT. Isn't this whole cryptocurrency craze based on the fact that no one has control over how it's distributed? On top of that, it's not even open source yet, only promises of it being so.



2929809766590720599
 
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Kallogan

Senior member
Aug 2, 2010
340
5
76
I kind of like netcoin, not to make money obviously, but i like it. Name and logo have a relevant feeling. You could pretty easily see it as an online payment. That's already more than most alt. Discrete but pretty examplary so far it seems.
 

thilanliyan

Lifer
Jun 21, 2005
12,000
2,225
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How can you tell if the NXT wallet is doing anything?

The java program that starts is just a bunch of jibberish to me lol
 

thilanliyan

Lifer
Jun 21, 2005
12,000
2,225
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Just some random info on thread concurrency, system ram, and hash rates:

I had 8gb of ram in the box with the 290s and I took them out and put in 4gb because my main comp could make better use of it. Well, the previous settings didn't work and Cgminer would throw an error and shut off the GPU. I figured out it was the thread concurrency. I couldn't go above ~30000 with the 4gb of ram, so I dropped down to 24440 (after some trial and error) and lo and behold my hash rates stayed the same.
 

DooKey

Golden Member
Nov 9, 2005
1,811
458
136
Looks like nextcoin.org is down. I'd like to jump on the NXT train, but no luck so far.
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,572
5,971
136
Nextcoin.org and DGEX are under continual DDoS attack in an attempt to kill NXT. It's deplorable and despicable the lengths people will go to in order to make a profit or deny a profit to others.
 

daxzy

Senior member
Dec 22, 2013
393
77
101
Nextcoin.org and DGEX are under continual DDoS attack in an attempt to kill NXT. It's deplorable and despicable the lengths people will go to in order to make a profit or deny a profit to others.

How is this new? I think every coin and/or their pools have been under DOS at one point or another.

That being said, I'm mining earthcoins and catcoins while the difficulty is low. Gambling that they'll be on an exchange and make a tidy profit.
 

Kallogan

Senior member
Aug 2, 2010
340
5
76
I tried to understand the purpose of Mastercoin. I failed. Totally foggy to me...Anybody got it ???
 
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The Alias

Senior member
Aug 22, 2012
646
58
91
I think nextcoin is up again . I'm new to nxt coin . if someone could help me out I'd really appreciate it . my I.d is 8288154757064461315
 

hitmanx2

Senior member
Aug 27, 2004
685
0
0
How is this new? I think every coin and/or their pools have been under DOS at one point or another.

That being said, I'm mining earthcoins and catcoins while the difficulty is low. Gambling that they'll be on an exchange and make a tidy profit.

I like Catcoin, it is basically a bitcoin with Scrypt instead of SHA-256. Great for miners, longer retarget interval, guaranteed block rewards =D
 
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