/biz/ - Business & Finance

I should have bought a better cpu instead of a gtx 1080

Can you mine on phones sir? My uncle has a click farm.

>>8836112
You can Pajeet, I get around 1kH/s on a Xiaomi M1 A1 through Brave but they will release an app so the hashrate will probably be even better.

>>8836051
we need multi cpu ryzen boards

when is main net launch?

does this testnet get me NET tokens?
or is it just the test?
Should i leave this open 24/7?

>You are using the Nimiq Testnet. Testnet Mining does not create permanent Nimiq.
>The Testnet and your Testnet Nimiq balance may be reset at any time.

>>8836159

i have 1.7 on a i5 2500k, is that good?

>>8836051
this is interesting. thank you anon fren.

>>8836286
The current version on the testnet is the release candidate, they delivered it the 2 April. Right now they are doing interface tweak and the last stress tests the network + testing the mining client and the pool for browser mining.

They even say this could have been released last week without a single issue but they are perfectionists and have an autistic attention to detail (which is kind of annoying as everyone want it out already).
With that in my mind I would say they will announce a date this week and release the next one, I heard they are doing some QA with some guys in the community.

>>8836419
>They even say this could have been released last week without a single issue but they are perfectionists and have an autistic attention to detail
No they’re not, they’re German, and that’s a good thing

so the Nimiq is almost $2, so you get like $8k if you get a block reward

>>8836429
It's a good thing if you bought in March but if you are waiting for the mainnet since November of the last year it gets old.

At one point you have to take a decision and release because it will never be perfect anyway (despite having vastly superior user experience than any coin around).
Everyday without mainnet is one missed opportunity, especially since the market is going sideway and there is not too much noise compared to the last months, now is the perfect window for a launch.

Wait so its on testnet? I made an account/wallet but the official thing hasnt launched yet? Im confused shoudl i not bother yet? Either way this seems cool thanks op

>>8836051
Main net when?

so is there any chance ill make money off this or nah?

>You are using the Nimiq Testnet. Testnet Mining does not create permanent Nimiq.
>The Testnet and your Testnet Nimiq balance may be reset at any time.

>>8836664
I see what you’re saying, but at the same time I trust that they’re aware of the circumstances and wouldn’t allow that to damage their efforts. Germans want everything to be perfect, and I’m guessing they’ve evaluated having a perfected product a bit later as being a better outcome than an imperfect product sooner.

thanks anon, I will try this on my 6-core Xeon E6 at work.

are you faggots not reading this?

>>8836704
>>8836704
>>8836704

>>8836834
Yeah it’s a testnet, no real reason to mine right now, seems like a cool project though.

>>8836667
You made an account/wallet on the testnet which is temporary, once the mainnet is live you will have to remake one (however it's possible you can reload the account with the 24 recovery words but of course the balance and transactions will be reset).

>>8836675
You tell me, I'm bullish because imo it's the first real normie friendly coin.
Electroneum did a good effort at it (and made me some good gains in january) but the developers are overall just too mediocre, also the concept was not pushed to its limits like with Nimiq.
Everyone think his bags will make him rich though but I'm convinced it has the potential to become viral.

>>8836365
You can do better, try the skypool miner (search on google) and change the windows variable to UV_THREADPOOL_SIZE = 100 (if you don't know how to do it check the discord), I would say you can reach 3-4

>>8836159
How do you know there will be an app?

Nimiq isn't even released yet. There are ways you can mine with your phone, tv or Playstation now-
https://unorthodoxmining.wordpress.com

>>8837099
https://www.youtube.com/watch?v=9wnk8t9TAcw&t

>>8836051
Does this mean that NET token is a good investment right now, or should I wait until they release their own chain? NET has a really low marketcap right now.

>>8837028
So the tokens you mine right now don't transfer over once mainnet is released

Holding NET since ICO. Heard some pajeet has already been shilling this on indian forums and there will be 1000s of poo in loos competing for hashrate at launch. If it was really worth mining it OP would never post this and rent servers himself. I've rented one so far but cancelled the rest. OP, fuck you and your pajeet family for killing this opportunity. Filthy fucking cunts

>>8838375
>Holding NET since ICO. Heard some pajeet has already been shilling this on indian forums and there will be 1000s of poo in loos competing for hashrate at launch
> If it was really worth mining it OP would never post this and rent servers himself. I've rented one so far but cancelled the rest.

Kek that's some bottom tier demoralization.
But it's true that I don't care about doing money on mining, I care about coin distribution on the long term and the less the hashrate and coins are concentrated in the hands of rigfags the better it is for the whole project, devs picked an egalitarian algo for a reason.

I will keep talking about it everywhere and as loud I can so that a lot of people can be on board for the launch, how does it make you feel?

>>8838811
Tbh still comfy, my bags are loaded and waiting in genesis. If mining is infested with pajeets there's nothing I can do. However if the anon telling it was larping, hashrate will still be low and you won't make a difference F

wtf how do I mine this shit on a mac

>>8839008
You can mine these coins in your browser- https://unorthodoxmining.wordpress.com

What hashing algorithm will they use?

>>8839008
https://github.com/skypool-org/skypool-nimiq-miner/releases

>>8839109
Argon2d

>>8836353
some1 answer him

>>8837028
>You made an account/wallet on the testnet which is temporary, once the mainnet is live you will have to remake one (however it's possible you can reload the account with the 24 recovery words but of course the balance and transactions will be reset).

so i wont make any money mining on test net now? im confused

This is pretty damn slick looking. Going to keep an eye on this, hopefully I can catch the mainnet launch early.

I'm guessing that getting a block will be like winning the lottery though.

>>8839135
>https://github.com/skypool-org/skypool-nimiq-miner/releases
thanks fren

>>8836051
cool thanks

>>8839264
There will be an official pool and at least 3-4 others.

>>8839182
You are mining coins that will be deleted once the mainnet is launched, so no you don't make any money right now, it's a beta basically.

>>8836353
>>8839151
NET are ERC 20 tokens that were distributed during the ICO.
1 NET can be converted in 100 NIM, in total all the NET (10 500 000) correspond to 1.05 billion pre-mined NIM (in total there will be 21 billions NIM, basically just like Bitcoin but x1000).

>>8838985
>>8838375
You are making the assumption the pajeets will have decent mining power. They probably have shitty 10 dollar phones and it would be like mining concrete with a toothpick for them.

>>8839961
>that pic
LMAO oh wow

>>8839961
>filename

Lmao

where is the miner?i don't want to use a browser to mine it

you are fucking retarded - you're mining worthless testnet coins

>>8836061
you should've bought a Ryzen 7 1800X to go with your gtx 1080 ftw

>>8839961
>>8840186
>>8840344

Disappointed it wasn't real bestiality. Was just hanging out at a degenerate's house and was humped by a dog.

>>8839961
>they have a literal wizard on their team
truly /ourcoin/

>>8841106
based

>>8836051

Good thing I have 8 shares in AMD.

>>8836051
Damn the site looks fucking great. First time a /biz/ shill is shilling something good

>>8839961

Can you still convert?

>>8841695
Yes. There is still time.

>>8841695
You can convert through their KYC if you contact their community manager (however if you are american you can't because of some legal thing in the US, the whole thing will remain open for 6 months).

Once you pass the whole process you have basically access to an account converting the NET you send to it in NIM automatically.

If you can't pass the KYC and have NET just wait for the mainnet, there will most likely be a ton of people doing arbitrage on the NET/NIM value, some guy already talked about a bot on their discord.

tl;dr: you can but you are not forced

2.4 Kh/s on an older AMD 6 core

what website do i use that i can input my wallet info and find my balance

newfag here

>>8844116
I don't understand what you are trying to communicate?

I like this coin. I will mine once mainnet is released. I got about ~7khz on my new AMD CPU so about one block every 8 hours or so according to the testnet.

Holy shit one of the rare good threads on /Biz/
Getting 3.9KH/s on i5-2400 4 threads 100% cpu usage cpu temps at 47c. currently I have 0.0039/3.0= 0.0013 or 0.13% of miming a block.
That means that 769 blocks need to be tried for me to have 100% chance to mine 1 block. Right now there are aproximately 2-3 block/min, so i need 5 hours to mine 1 block. Site says 11 hours since 3.9 is my max and falls sometimes.
This reminds me of PacalCoin,made some nice 20$,missed a day could have been 200.
>>8836159
you need to set the maximum threads by clicking the question mark on your hashrate.Tell me if it increases it.

>>8836051

So I'm guessing this is running in javascript... Whats stopping someone from running that on a gpu and killing the hashrate?

>>8845917
That's what I was thinking, trying to find a way(theoretical at least). I just checked pascalcoin and if I sols my coins today I would have 1,800$ ,but what can you do...

anyone with a threadripper try all 32 threads?

>>8845998
>anyone with a threadripper...

Not having a Xeon phi, fucking plebs.

>>8837113
How much does a PS3 get?

Good except for the huge pre mine

>>8846094
Depends on what you are mining. Instructions are provided here-
https://unorthodoxmining.wordpress.com

>>8846860
holy shit i wouldnt recommend ANY of those coins at the bottom of that page

>>8836353
Why not try not being an illiterate retard before getting into crypto?

Lol a guy with AJEG in the end mines all the coins.

>>8846878
What other coins do you suggest that can be mined by a smart refrigerator or sega saturn over a browser?