CCMiner Archives - CryptoCurrency Blog

My biased look at Sigil (SGL)

DISCLAIMER:
  1. I am invested in this coin, so please take what I have to say with a grain of salt. I do seriously not want to encourage any novice traders (if they survived the dump at least) to naively flock to it (even though this would certainly raise the price)
  2. I want you to be aware that a motivating factor for my post is the weekly bounty that is awarded to those who advertise this coin.
READ: TAKE WHAT I SAY WITH A GRAIN OF SALT, DO YOUR RESEARCH, AND THINK FOR YOURSELF
I don't want to scare potential readers away with this, I just want to play with open cards so that we can have a basis of trust.
This is a compilation of the most important sources on this project. I want you to get an overview of the token, current state of the project, the community and last but not least the mining business. I found this coin through u/Joshalata 's post about how he finds and mines newborn cryptos. It's a great read, and I give kudos to him for leading me here.
Introduction
So, with all of that out of the way, what is Sigil? In their announcement post on bitcointalk, they described their project as follows:
That is nothing that you couldn't get out of their post, so let's pick it apart, shall we?
The Token
As stated in their post, as of now, the max supply will be 50,000,000 SGL.
That puts it into the ballpark of Litecoin (51M circulating/84M max), Bitcoin (21M max), Dash (~19M max) and other coins of higher value, not that that in itself is an indicator of future value.
What sets it apart from other emerging altcoins is the fact that there will be NO ICO to fund their efforts.
All costs associated with establishing this token (development cost, listing fees etc.) are paid out of the devs own pockets, as well as a 5% premine to keep them alive in the meantime. However, only 30% of that premine goes towards the developers and research. The rest is allocated to marketing, legal, and the bounty program , which should be emphasized.
500k SGL are currently being distributed over the bounty program, which rewards community members for completing tasks that generate exposure, such as making a reddit post (hah), doing a video or just generally contributing to the community and the project in some helpful manner (artwork etc.)
At the moment, SGL is already listed on coinhouse, and at its peak traded for ~12$, before sitting comfortably between ~0.50$ at the time of writing this post. As of the 16th of Jan., the developer has contacted Coinexchange, Kucoin, Stocks.Exchange and 27 others in order to get us as much exposure as possible. Expect Updates soon!
The Project
At the moment, decentralized crowdfunding is a market niche without competitors. Filling that gap provides Sigil the potential it requires to be successful where altcoins without a product fail.
As found in their whitepaper, traditional crowdfunding platforms take a sizable cut of the raised funds to cover the companies' expenses, such as general fees as well as fees for payment processing, taxes and marketing.
Sigil's developers estimate that only 60-80% of the raised funds actually end up in the pockets of those leading the campaign. This is where their platform, codenamed Sigil Go, comes in. Through the use of blockchain technology, these fees could be greatly diminished since the process of payment requires nothing more than the transaction fees to sustain miners and stake holders.
At the moment, Wallets for Windows, Linux and Mac are available, providing a robust interface and ease of use through both fast transaction times and fast synchronization.
The roadmap, which is found in the whitepaper, restricts itself to a realistic number of goals.
  • during Q1, the Sigil team will work on getting listed on a number of exchanges, paying the listing fees themselves.
  • Q2 will mark the launch of the Sigil Go Beta, their main project, as well as Wallets for Android and iOS.
  • Q3 will be dedicated to enabling Atomic Swaps in order to trade SGL for other cryptos.
  • lastly, Q4 will be used to launch the Lightning Network, which is focused on reducing both transaction times as well as fees.
The Community
At the moment, we are a small and humble community, with their slack featuring around a thousand members that are actively participating in the giveaways, mining discussions as well as bounties and trading shenanigans.
What stood out to me when I first joined was just how much direct contact there is between community and developers. If you have any questions, whether it is about bounties, the state of development or the mining pool, you can expect that the devs will keep in contact with you.
Giveaways are hosted daily (as often as twice a day), bounties are plentiful, and should the main mining pool be down, you can bet your behind there is no shortage of people reporting it, as well as the devs actively communicating with us in order to resolve the issue ASAP.
Which I guess brings us to...
The Mining
I first stumbled upon Sigil with the intention to mine a low difficulty, high potential coin that could find a market gap for itself, and I think I found what I was looking for.
Mining is done via Neoscrypt algorithm, which currently seems to favor Nvidia cards for its power efficiency and the fact that overclocking both memory and core clock doesn't seem to affect the hashrate by a significant margin, making low TDP mining the way to go.
The announcement post has a useful guide for getting started, but for everyone that just wants to do a quick test drive, I will provide a little quickstart guide:
DISCLAIMER: THE .7z's CONTAINING CCMINER AND NSGMINER ARE STRICTLY FOR ILLUSTRATING THE MINING PROCESS.
I DO NOT TAKE ANY CREDIT FOR THE WORK KLAUST AND GHOSTLANDER HAVE DONE TO PROVIDE US WITH THE SOFTWARE.
I AM ONLY PROVIDING EXAMPLES FOR THE WINDOWSx64 OPERATING SYSTEM, SORRY LINUX USERS :(
  • download the wallet at their website
  • register at the main pool (0% fee, highly configurable, live stats)
  • under "My Account" -> "My Workers" register a new worker with a name and a password.
  • a) If you are using Nvidia GPUs, download this
  • b) If you are using AMD GPUs, download this
  • Extract the folder, open it, right click on the start.bat and then select "edit"
  • Replace "Username" with the name you registered on the pool, "Workername" with the name of your registered worker, and "Workerpassword" with the password you set for your Worker
  • Save and Exit
  • run the start.bat
  • hope that I did everything correctly
  • Your miner should work now, check the Stats on your Dashboard to gauge Performance
If the miner does not work, I either messed up or there are incompatibilities. In any case, refer to the guide to set it up correctly, or to get info on CPU miners as well as support for other operating systems.
In Conclusion
I cannot predict whether this will be a success or a project destined to fail, noone can. However, for me at least, the project seems promising, the roadmap seems realistic and I've grown to like the community.
Sigil is in its early stages, and if you want, you can join the ride. In the end, isn't this also a crowdfunding campaign? ;)
submitted by Dezli to altcoin [link] [comments]

I can't mine on 1080 ti, clock settings?

1080ti, 4770k, 24 gb ram, corsair cx750m, driver uptodate, ccminer 2.2.3
If i run stock stettings, it crashes less than 2 mins in. "illegal memory access was encountered ccminer"
On reddit people posted their clock speeds for 1080 ti, but mine crashes at other people's speeds as well. https://imgur.com/a/j9ysn This also happens with vert coin and bitcoin gold.
i lowered to Power -75%, Core- 150, Mem -0 Crashes, that atleast took an hour before it crashed, I tried mining at these speeds again, crashes 1 min in. "
even lowering intensity -i 20 it crashes.
Ive had success with ether, electroneum.
submitted by fingerthato to monacoin [link] [comments]

Welcome to r/STRAKS!

Welcome to STRAKS!

This thread is built to help users joining STRAKS and the STRAKS community. Please make sure to follow our rules (posted in the sidebar and below). Feel free to use this thread to introduce yourself and ask questions no matter how dumb :). This thread should be considered up to date. However, if you find something that is incorrect, out of date, or simply missing then please contact me or other moderators so we can update it. Thank you!

Getting Started

What is STRAKS?

STRAKS (STAK) is a cryptocurrency platform with only one goal in mind. Innovate e-commerce with the use of digital currency to facilitate smooth, instant, and secure e-commerce transactions.
With e-commerce sales projected to reach over $2.8 trillion in 2018 and $4.8 trillion in 2021 and Bitcoin showing signs of failure due to increasing fees and the inability to process large amounts of transactions, STRAKS seeks to take hold with the ability to process over 11 million transactions a day, 40 times the amount Bitcoin can process. This ensures that STRAKS will be able to handle every single transaction with a low fee. This keeps your transactions in a secure and trusted blockchain where miners keep your transactions and the networks secure and safe, making it the easiest and cheapest way to securely purchase goods online.
 
The main attributes of STRAKS are:

E-commerce

  • With quickly growing global e-commerce sales STRAKS seeks to assert itself by implementing relevant technologies achieved through development that will help make sure e-commerce transactions are smooth and quick.

Open Source

  • Open Source development allows anyone to contribute by simply making a pull request through GitHub. With anyone contributing innovation will lead to rapid product enhancements that will strengthen STRAKS market relevance.

Decentralized Ownership

  • Devolved ownership and access rights, this ensures that the application and STRAKS lifespan are not dependent on a single individual. This allows STRAKS future to be safeguarded, but also your investment and partnerships.

Community Oriented

  • Focusing on the importance of its community, the STRAKS development team is collecting feedback and suggestions from the community. Future implementations such a STRAKS-Vote is on the road-map that will allow STRAKS users to propose suggestions then vote on them. Coins collected from voting will form the basis of funding the idea.

Speed

  • With constant optimization towards transaction speeds you can send and receive STRAKS instantly. With the inclusion of Segwit that increase block-size and capacity it will ensure that the network grows. Segwit with the combination of a block interval of just 60 seconds ensures that your transaction with be confirmed quickly and safely.

Privacy

  • Nothing is more important to STRAKS than its community and investors. Safe-guarding both is key. To ensure that the currency remains fungible the Zerocoin protocol will be implemented. The currency will maintain equal values irrespective of past transactions, as transactions will remain untraceable and anonymous. This allows STRAKS to protect its long-term market position.

Self-funded

  • STRAKS seeks to be 100% self-funded, it has one of the lowest PoW fees on the market. A 5% fee on PoW insures that STRAKS is well-funded through its entire lifespan. This will allow STRAKS to support product development, business development, and operational expenses.
 
Differences Between Other Cryptocurrencies:
Comparison Chart STRAKS Bitcoin Bitcoin Cash Dash ZCash Vertcoin
Bitcoin Version 0.14.2.0 0.16.0 0.14.1.0 0.12.2.0 0.11.2.0 0.13.1.0
Block Size (MB) 4 1 8 1 2 1
Segwit Block Size (MB) 16 4 n/a n/a n/a 4
Block Time (Seconds) 60 600 600 150 150 150
Coin Base Maturity (Confirmations) 100 100 100 100 100 100
Transactions Per Second 133.3 3.3 26.7 13.3 13.3 13.3
Difficulty Algorithm D106 KGW D106 DGW Digishieldv3 KGW
Hashing Algorithm Lyra2rev2 SHA256 SHA256 X11 Equihash Lyra2rev2
ASIC Resistant x x x
Segwit x x x
Segwit2x x x x x x
Segwit4x x x x x x
Lightning Network Compatible x x x
Instant Payouts LN LN x InstantX x LN
Atomic Swaps x x x
Max Coin Supply (Millions) 150 21 21 21 21 84
Budget Funding 5% 0% 0% 10% 20% 0%
Masternodes x x x x
Zerocoin Protocol WIP x x x x x
Zk-snarks x x x x x

Wallet Downloads

Useful Links

Block Explorer: https://straks.info
Discord Channel: https://discord.straks.tech
STRAKS Discord Forums: https://straks.co
STRAKS ANN: https://bitcointalk.org/index.php?topic=2433318.0
STRAKS Facebook: https://facebook.straks.tech
STRAKS GitHub: https://github.com/straks/straks
STRAKS News: https://straks.tech/insight/
STRAKS Telegram: https://telegram.straks.tech
STRAKS Twitter: https://twitter.straks.tech

Exchanges

BarterDEX: https://github.com/KomodoPlatform/BarterDEX
BitexLive: https://bitexlive.com/exchange/BTC-STAK
Coinhouse: https://coinhouse.eu/markets/stakbtc
Crex24: https://crex24.com/exchange/STAK-BTC
CryptoBridge: https://wallet.crypto-bridge.org/market/BRIDGE.STAK_BRIDGE.BTC
Stocks.Exchange: https://stocks.exchange/trade/STAK/BTC
SouthXchange: https://www.southxchange.com/Market/Book/STAK/BTC

Mining Information

Mining Pools

Software

Nvidia:

AMD:

Tutorials

STRAKS Tips

  • The easiest way to find your own STRAKS address is in the STRAKS Core wallet under the File -> Receiving Addresses tab.
  • Encrypting your wallet with a secure password helps ensure that your STRAKS can't be stolen. Do not leave your wallets unencrypted!
  • A community member currently hosts a STRAKS faucet found at https://straks.network . Please be sure to thank MrMcMichael for this service!
submitted by DalmationCadet to straks [link] [comments]

My biased look at Sigil (SGL)

DISCLAIMER:
  1. I am invested in this coin, so please take what I have to say with a grain of salt. I do seriously not want to encourage any novice traders (if they survived the dump at least) to naively flock to it (even though this would certainly raise the price)
  2. I want you to be aware that a motivating factor for my post is the weekly bounty that is awarded to those who advertise this coin.
READ: TAKE WHAT I SAY WITH A GRAIN OF SALT, DO YOUR RESEARCH, AND THINK FOR YOURSELF
I don't want to scare potential readers away with this, I just want to play with open cards so that we can have a basis of trust.
This is a compilation of the most important sources on this project. I want you to get an overview of the token, current state of the project, the community and last but not least the mining business. I found this coin through u/Joshalata 's post about how he finds and mines newborn cryptos. It's a great read, and I give kudos to him for leading me here.
Introduction
So, with all of that out of the way, what is Sigil? In their announcement post on bitcointalk, they described their project as follows:
That is nothing that you couldn't get out of their post, so let's pick it apart, shall we?
The Token
As stated in their post, as of now, the max supply will be 50,000,000 SGL.
That puts it into the ballpark of Litecoin (51M circulating/84M max), Bitcoin (21M max), Dash (~19M max) and other coins of higher value, not that that in itself is an indicator of future value.
What sets it apart from other emerging altcoins is the fact that there will be NO ICO to fund their efforts.
All costs associated with establishing this token (development cost, listing fees etc.) are paid out of the devs own pockets, as well as a 5% premine to keep them alive in the meantime. However, only 30% of that premine goes towards the developers and research. The rest is allocated to marketing, legal, and the bounty program , which should be emphasized.
500k SGL are currently being distributed over the bounty program, which rewards community members for completing tasks that generate exposure, such as making a reddit post (hah), doing a video or just generally contributing to the community and the project in some helpful manner (artwork etc.)
At the moment, SGL is already listed on coinhouse, and at its peak traded for ~12$, before sitting comfortably between ~0.30$ at the time of writing this post. As of the 17th of Jan., the developer has contacted Coinexchange, Kucoin, Stocks.Exchange and 27 others in order to get us as much exposure as possible. Expect Updates soon!
The Project
At the moment, decentralized crowdfunding is a market niche without competitors. Filling that gap provides Sigil the potential it requires to be successful where altcoins without a product fail.
As found in their whitepaper, traditional crowdfunding platforms take a sizable cut of the raised funds to cover the companies' expenses, such as general fees as well as fees for payment processing, taxes and marketing.
Sigil's developers estimate that only 60-80% of the raised funds actually end up in the pockets of those leading the campaign. This is where their platform, codenamed Sigil Go, comes in. Through the use of blockchain technology, these fees could be greatly diminished since the process of payment requires nothing more than the transaction fees to sustain miners and stake holders.
At the moment, Wallets for Windows, Linux and Mac are available, providing a robust interface and ease of use through both fast transaction times and fast synchronization.
The roadmap, which is found in the whitepaper, restricts itself to a realistic number of goals.
  • during Q1, the Sigil team will work on getting listed on a number of exchanges, paying the listing fees themselves.
  • Q2 will mark the launch of the Sigil Go Beta, their main project, as well as Wallets for Android and iOS.
  • Q3 will be dedicated to enabling Atomic Swaps in order to trade SGL for other cryptos.
  • lastly, Q4 will be used to launch the Lightning Network, which is focused on reducing both transaction times as well as fees.
The Community
At the moment, we are a small and humble community, with their slack featuring around a thousand members that are actively participating in the giveaways, mining discussions as well as bounties and trading shenanigans.
What stood out to me when I first joined was just how much direct contact there is between community and developers. If you have any questions, whether it is about bounties, the state of development or the mining pool, you can expect that the devs will keep in contact with you.
Giveaways are hosted daily (as often as twice a day), bounties are plentiful, and should the main mining pool be down, you can bet your behind there is no shortage of people reporting it, as well as the devs actively communicating with us in order to resolve the issue ASAP.
Which I guess brings us to...
The Mining
I first stumbled upon Sigil with the intention to mine a low difficulty, high potential coin that could find a market gap for itself, and I think I found what I was looking for.
Mining is done via Neoscrypt algorithm, which currently seems to favor Nvidia cards for its power efficiency and the fact that overclocking both memory and core clock doesn't seem to affect the hashrate by a significant margin, making low TDP mining the way to go.
The announcement post has a useful guide for getting started, but for everyone that just wants to do a quick test drive, I will provide a little quickstart guide:
DISCLAIMER: THE .7z's CONTAINING CCMINER AND NSGMINER ARE STRICTLY FOR ILLUSTRATING THE MINING PROCESS.
I DO NOT TAKE ANY CREDIT FOR THE WORK KLAUST AND GHOSTLANDER HAVE DONE TO PROVIDE US WITH THE SOFTWARE.
I AM ONLY PROVIDING EXAMPLES FOR THE WINDOWSx64 OPERATING SYSTEM, SORRY LINUX USERS :(
  • download the wallet at their website
  • register at the main pool (0% fee, highly configurable, live stats)
  • under "My Account" -> "My Workers" register a new worker with a name and a password.
  • a) If you are using Nvidia GPUs, download this
  • b) If you are using AMD GPUs, download this
  • Extract the folder, open it, right click on the start.bat and then select "edit"
  • Replace "Username" with the name you registered on the pool, "Workername" with the name of your registered worker, and "Workerpassword" with the password you set for your Worker
  • Save and Exit
  • run the start.bat
  • hope that I did everything correctly
  • Your miner should work now, check the Stats on your Dashboard to gauge Performance
If the miner does not work, I either messed up or there are incompatibilities. In any case, refer to the guide to set it up correctly, or to get info on CPU miners as well as support for other operating systems.
In Conclusion
I cannot predict whether this will be a success or a project destined to fail, noone can. However, for me at least, the project seems promising, the roadmap seems realistic and I've grown to like the community.
Sigil is in its early stages, and if you want, you can join the ride. In the end, isn't this also a crowdfunding campaign? ;)
submitted by Dezli to gpumining [link] [comments]

"Mining not profitable anymore" and "End of cryptomining for hobbyists". My rebuttals, and advice.

If you are saying "Mining DOGE is not profitable anymore", then you are correct. At this point, you could sell your cards and then use the money you would have paid in electricity to just buy DOGE instead, and you'd come out ahead. If you are saying "It's better to turn off your rigs", then you are wrong.
DOGE is great. DOGE is what brought me into mining, and DOGE has a freaking fantastic community (DOGCAR ftw)! But DOGE is not a person. You did not stand in front of God and man and promise "DOGE until death do us part". If you got in early on DOGE and sold high and all your rigs are paid off, then by all means protect the coin and mine away. But if you're like most people, you got in late....and your chances of ROI are slim to none on DOGE (personally, I spent approx $2500, and have barely seen $600-$700 of that back in 2 months). There are other things to do with your rigs. You can point them at a multipool that returns more BTC a day than you'd get mining doge. You can do a little research and mine upcoming coins (I made about $300 in 2 days mining SilkCoin and holding for a bit). You can mine Scrypt-N coins such as Vertcoin. You can mine X11 coins such as DarkCoin. In fact, right now the most profitable coins ARE X11 coins.
If by "End of cryptomining for hobbyists" you mean "No more GPU farms for scrypt coins", then you are 10000% correct. But it doesn't mean that it's out of reach for us little guys (yet). You can get 1.26MHs for $160 at GAWMiners. I spent $2500 on my GPU rigs, and I get approx 4.5MHs. For that price someone today just starting out could get approx 17MHs of mining power. Although the network difficulty is going up, obtaining hashrate is getting cheaper.
Cryptomining should NEVER BE LOOKED AT AS A GET RICH QUICK SCHEME. If you want to make money on it, you have to do more than just turn your miners on and stick your head in the sand. You need to do some research. You need to diversify what you're mining. If you want to make money in crypto, you need to treat it like investments, like the stock market. You don't sink all your money and resources into only one thing.
I have no affiliation with them, but I suggest trademybit as the place to mine. You can mine all their specific coins, or you can mine to their multipool port. You can mine Scrypt, Scrypt-N, or X11 coins there. They add new coins frequently, so you usually get to mine the most profitable ones, not just the most profitable of the 5-10 that wafflepool or clevermining happen to mine.
If you're a GPU miner that wants to switch to X11, then grab ccMiner from here and use this to mine with NVIDIA card. If you're wanting to mine it with AMD cards, check out the suchmine article (with links) on it.
SHIBES!!! Don't give up your rigs yet! There are other ways to make money on crypto. Those people that gave up Bitcoin mining when ASICs came out could have moved to Litecoin and gotten a CRAPLOAD of LTC in its early days. Don't be the ones that missed out. Even if we don't still mine DOGE, we'll always be fellow shibes.
submitted by Rawtashk to dogemining [link] [comments]

My biased look at Sigil (SGL)

DISCLAIMER:
  1. I am invested in this coin, so please take what I have to say with a grain of salt. I do seriously not want to encourage any novice traders (if they survived the dump at least) to naively flock to it (even though this would certainly raise the price)
  2. I want you to be aware that a motivating factor for my post is the weekly bounty that is awarded to those who advertise this coin.
READ: TAKE WHAT I SAY WITH A GRAIN OF SALT, DO YOUR RESEARCH, AND THINK FOR YOURSELF
I don't want to scare potential readers away with this, I just want to play with open cards so that we can have a basis of trust.
This is a compilation of the most important sources on this project. I want you to get an overview of the token, current state of the project, the community and last but not least the mining business. I found this coin through u/Joshalata 's post about how he finds and mines newborn cryptos. It's a great read, and I give kudos to him for leading me here.
Introduction
So, with all of that out of the way, what is Sigil? In their announcement post on bitcointalk, they described their project as follows:
That is nothing that you couldn't get out of their post, so let's pick it apart, shall we?
The Token
As stated in their post, as of now, the max supply will be 50,000,000 SGL.
That puts it into the ballpark of Litecoin (51M circulating/84M max), Bitcoin (21M max), Dash (~19M max) and other coins of higher value, not that that in itself is an indicator of future value.
What sets it apart from other emerging altcoins is the fact that there will be NO ICO to fund their efforts.
All costs associated with establishing this token (development cost, listing fees etc.) are paid out of the devs own pockets, as well as a 5% premine to keep them alive in the meantime. However, only 30% of that premine goes towards the developers and research. The rest is allocated to marketing, legal, and the bounty program , which should be emphasized.
500k SGL are currently being distributed over the bounty program, which rewards community members for completing tasks that generate exposure, such as making a reddit post (hah), doing a video or just generally contributing to the community and the project in some helpful manner (artwork etc.)
At the moment, SGL is already listed on coinhouse, and at its peak traded for ~12$, before sitting comfortably between ~0.30$ at the time of writing this post. As of the 17th of Jan., the developer has contacted Coinexchange, Kucoin, Stocks.Exchange and 27 others in order to get us as much exposure as possible. Expect Updates soon!
The Project
At the moment, decentralized crowdfunding is a market niche without competitors. Filling that gap provides Sigil the potential it requires to be successful where altcoins without a product fail.
As found in their whitepaper, traditional crowdfunding platforms take a sizable cut of the raised funds to cover the companies' expenses, such as general fees as well as fees for payment processing, taxes and marketing.
Sigil's developers estimate that only 60-80% of the raised funds actually end up in the pockets of those leading the campaign. This is where their platform, codenamed Sigil Go, comes in. Through the use of blockchain technology, these fees could be greatly diminished since the process of payment requires nothing more than the transaction fees to sustain miners and stake holders.
At the moment, Wallets for Windows, Linux and Mac are available, providing a robust interface and ease of use through both fast transaction times and fast synchronization.
The roadmap, which is found in the whitepaper, restricts itself to a realistic number of goals.
  • during Q1, the Sigil team will work on getting listed on a number of exchanges, paying the listing fees themselves.
  • Q2 will mark the launch of the Sigil Go Beta, their main project, as well as Wallets for Android and iOS.
  • Q3 will be dedicated to enabling Atomic Swaps in order to trade SGL for other cryptos.
  • lastly, Q4 will be used to launch the Lightning Network, which is focused on reducing both transaction times as well as fees.
The Community
At the moment, we are a small and humble community, with their slack featuring around a thousand members that are actively participating in the giveaways, mining discussions as well as bounties and trading shenanigans.
What stood out to me when I first joined was just how much direct contact there is between community and developers. If you have any questions, whether it is about bounties, the state of development or the mining pool, you can expect that the devs will keep in contact with you.
Giveaways are hosted daily (as often as twice a day), bounties are plentiful, and should the main mining pool be down, you can bet your behind there is no shortage of people reporting it, as well as the devs actively communicating with us in order to resolve the issue ASAP.
Which I guess brings us to...
The Mining
I first stumbled upon Sigil with the intention to mine a low difficulty, high potential coin that could find a market gap for itself, and I think I found what I was looking for.
Mining is done via Neoscrypt algorithm, which currently seems to favor Nvidia cards for its power efficiency and the fact that overclocking both memory and core clock doesn't seem to affect the hashrate by a significant margin, making low TDP mining the way to go.
The announcement post has a useful guide for getting started, but for everyone that just wants to do a quick test drive, I will provide a little quickstart guide:
DISCLAIMER: THE .7z's CONTAINING CCMINER AND NSGMINER ARE STRICTLY FOR ILLUSTRATING THE MINING PROCESS.
I DO NOT TAKE ANY CREDIT FOR THE WORK KLAUST AND GHOSTLANDER HAVE DONE TO PROVIDE US WITH THE SOFTWARE.
I AM ONLY PROVIDING EXAMPLES FOR THE WINDOWSx64 OPERATING SYSTEM, SORRY LINUX USERS :(
  • download the wallet at their website
  • register at the main pool (0% fee, highly configurable, live stats)
  • under "My Account" -> "My Workers" register a new worker with a name and a password.
  • a) If you are using Nvidia GPUs, download this
  • b) If you are using AMD GPUs, download this
  • Extract the folder, open it, right click on the start.bat and then select "edit"
  • Replace "Username" with the name you registered on the pool, "Workername" with the name of your registered worker, and "Workerpassword" with the password you set for your Worker
  • Save and Exit
  • run the start.bat
  • hope that I did everything correctly
  • Your miner should work now, check the Stats on your Dashboard to gauge Performance
If the miner does not work, I either messed up or there are incompatibilities. In any case, refer to the guide to set it up correctly, or to get info on CPU miners as well as support for other operating systems.
In Conclusion
I cannot predict whether this will be a success or a project destined to fail, noone can. However, for me at least, the project seems promising, the roadmap seems realistic and I've grown to like the community.
Sigil is in its early stages, and if you want, you can join the ride. In the end, isn't this also a crowdfunding campaign? ;)
submitted by Dezli to cryptomining [link] [comments]

My biased look at Sigil (SGL)

DISCLAIMER:
  1. I am invested in this coin, so please take what I have to say with a grain of salt. I do seriously not want to encourage any novice traders (if they survived the dump at least) to naively flock to it (even though this would certainly raise the price)
  2. I want you to be aware that a motivating factor for my post is the weekly bounty that is awarded to those who advertise this coin.
READ: TAKE WHAT I SAY WITH A GRAIN OF SALT, DO YOUR RESEARCH, AND THINK FOR YOURSELF
I don't want to scare potential readers away with this, I just want to play with open cards so that we can have a basis of trust.
This is a compilation of the most important sources on this project. I want you to get an overview of the token, current state of the project, the community and last but not least the mining business. I found this coin through u/Joshalata 's post about how he finds and mines newborn cryptos. It's a great read, and I give kudos to him for leading me here.
Introduction
So, with all of that out of the way, what is Sigil? In their announcement post on bitcointalk, they described their project as follows:
That is nothing that you couldn't get out of their post, so let's pick it apart, shall we?
The Token
As stated in their post, as of now, the max supply will be 50,000,000 SGL.
That puts it into the ballpark of Litecoin (51M circulating/84M max), Bitcoin (21M max), Dash (~19M max) and other coins of higher value, not that that in itself is an indicator of future value.
What sets it apart from other emerging altcoins is the fact that there will be NO ICO to fund their efforts.
All costs associated with establishing this token (development cost, listing fees etc.) are paid out of the devs own pockets, as well as a 5% premine to keep them alive in the meantime. However, only 30% of that premine goes towards the developers and research. The rest is allocated to marketing, legal, and the bounty program , which should be emphasized.
500k SGL are currently being distributed over the bounty program, which rewards community members for completing tasks that generate exposure, such as making a reddit post (hah), doing a video or just generally contributing to the community and the project in some helpful manner (artwork etc.)
At the moment, SGL is already listed on coinhouse, and at its peak traded for ~12$, before sitting comfortably between ~0.30$ at the time of writing this post. As of the 17th of Jan., the developer has contacted Coinexchange, Kucoin, Stocks.Exchange and 27 others in order to get us as much exposure as possible. Expect Updates soon!
The Project
At the moment, decentralized crowdfunding is a market niche without competitors. Filling that gap provides Sigil the potential it requires to be successful where altcoins without a product fail.
As found in their whitepaper, traditional crowdfunding platforms take a sizable cut of the raised funds to cover the companies' expenses, such as general fees as well as fees for payment processing, taxes and marketing.
Sigil's developers estimate that only 60-80% of the raised funds actually end up in the pockets of those leading the campaign. This is where their platform, codenamed Sigil Go, comes in. Through the use of blockchain technology, these fees could be greatly diminished since the process of payment requires nothing more than the transaction fees to sustain miners and stake holders.
At the moment, Wallets for Windows, Linux and Mac are available, providing a robust interface and ease of use through both fast transaction times and fast synchronization.
The roadmap, which is found in the whitepaper, restricts itself to a realistic number of goals.
  • during Q1, the Sigil team will work on getting listed on a number of exchanges, paying the listing fees themselves.
  • Q2 will mark the launch of the Sigil Go Beta, their main project, as well as Wallets for Android and iOS.
  • Q3 will be dedicated to enabling Atomic Swaps in order to trade SGL for other cryptos.
  • lastly, Q4 will be used to launch the Lightning Network, which is focused on reducing both transaction times as well as fees.
The Community
At the moment, we are a small and humble community, with their slack featuring around a thousand members that are actively participating in the giveaways, mining discussions as well as bounties and trading shenanigans.
What stood out to me when I first joined was just how much direct contact there is between community and developers. If you have any questions, whether it is about bounties, the state of development or the mining pool, you can expect that the devs will keep in contact with you.
Giveaways are hosted daily (as often as twice a day), bounties are plentiful, and should the main mining pool be down, you can bet your behind there is no shortage of people reporting it, as well as the devs actively communicating with us in order to resolve the issue ASAP.
Which I guess brings us to...
The Mining
I first stumbled upon Sigil with the intention to mine a low difficulty, high potential coin that could find a market gap for itself, and I think I found what I was looking for.
Mining is done via Neoscrypt algorithm, which currently seems to favor Nvidia cards for its power efficiency and the fact that overclocking both memory and core clock doesn't seem to affect the hashrate by a significant margin, making low TDP mining the way to go.
The announcement post has a useful guide for getting started, but for everyone that just wants to do a quick test drive, I will provide a little quickstart guide:
DISCLAIMER: THE .7z's CONTAINING CCMINER AND NSGMINER ARE STRICTLY FOR ILLUSTRATING THE MINING PROCESS.
I DO NOT TAKE ANY CREDIT FOR THE WORK KLAUST AND GHOSTLANDER HAVE DONE TO PROVIDE US WITH THE SOFTWARE.
I AM ONLY PROVIDING EXAMPLES FOR THE WINDOWSx64 OPERATING SYSTEM, SORRY LINUX USERS :(
  • download the wallet at their website
  • register at the main pool (0% fee, highly configurable, live stats)
  • under "My Account" -> "My Workers" register a new worker with a name and a password.
  • a) If you are using Nvidia GPUs, download this
  • b) If you are using AMD GPUs, download this
  • Extract the folder, open it, right click on the start.bat and then select "edit"
  • Replace "Username" with the name you registered on the pool, "Workername" with the name of your registered worker, and "Workerpassword" with the password you set for your Worker
  • Save and Exit
  • run the start.bat
  • hope that I did everything correctly
  • Your miner should work now, check the Stats on your Dashboard to gauge Performance
If the miner does not work, I either messed up or there are incompatibilities. In any case, refer to the guide to set it up correctly, or to get info on CPU miners as well as support for other operating systems.
In Conclusion
I cannot predict whether this will be a success or a project destined to fail, noone can. However, for me at least, the project seems promising, the roadmap seems realistic and I've grown to like the community.
Sigil is in its early stages, and if you want, you can join the ride. In the end, isn't this also a crowdfunding campaign? ;)
submitted by Dezli to CryptoCurrency [link] [comments]

My biased look at Sigil (SGL)

DISCLAIMER:
  1. I am invested in this coin, so please take what I have to say with a grain of salt. I do seriously not want to encourage any novice traders (if they survived the dump at least) to naively flock to it (even though this would certainly raise the price)
  2. I want you to be aware that a motivating factor for my post is the weekly bounty that is awarded to those who advertise this coin.
READ: TAKE WHAT I SAY WITH A GRAIN OF SALT, DO YOUR RESEARCH, AND THINK FOR YOURSELF
I don't want to scare potential readers away with this, I just want to play with open cards so that we can have a basis of trust.
This is a compilation of the most important sources on this project. I want you to get an overview of the token, current state of the project, the community and last but not least the mining business. I found this coin through u/Joshalata 's post about how he finds and mines newborn cryptos. It's a great read, and I give kudos to him for leading me here.
Introduction
So, with all of that out of the way, what is Sigil? In their announcement post on bitcointalk, they described their project as follows:
That is nothing that you couldn't get out of their post, so let's pick it apart, shall we?
The Token
As stated in their post, as of now, the max supply will be 50,000,000 SGL.
That puts it into the ballpark of Litecoin (51M circulating/84M max), Bitcoin (21M max), Dash (~19M max) and other coins of higher value, not that that in itself is an indicator of future value.
What sets it apart from other emerging altcoins is the fact that there will be NO ICO to fund their efforts.
All costs associated with establishing this token (development cost, listing fees etc.) are paid out of the devs own pockets, as well as a 5% premine to keep them alive in the meantime. However, only 30% of that premine goes towards the developers and research. The rest is allocated to marketing, legal, and the bounty program , which should be emphasized.
500k SGL are currently being distributed over the bounty program, which rewards community members for completing tasks that generate exposure, such as making a reddit post (hah), doing a video or just generally contributing to the community and the project in some helpful manner (artwork etc.)
At the moment, SGL is already listed on coinhouse, and at its peak traded for ~12$, before sitting comfortably between ~0.30$ at the time of writing this post. As of the 17th of Jan., the developer has contacted Coinexchange, Kucoin, Stocks.Exchange and 27 others in order to get us as much exposure as possible. Expect Updates soon!
The Project
At the moment, decentralized crowdfunding is a market niche without competitors. Filling that gap provides Sigil the potential it requires to be successful where altcoins without a product fail.
As found in their whitepaper, traditional crowdfunding platforms take a sizable cut of the raised funds to cover the companies' expenses, such as general fees as well as fees for payment processing, taxes and marketing.
Sigil's developers estimate that only 60-80% of the raised funds actually end up in the pockets of those leading the campaign. This is where their platform, codenamed Sigil Go, comes in. Through the use of blockchain technology, these fees could be greatly diminished since the process of payment requires nothing more than the transaction fees to sustain miners and stake holders.
At the moment, Wallets for Windows, Linux and Mac are available, providing a robust interface and ease of use through both fast transaction times and fast synchronization.
The roadmap, which is found in the whitepaper, restricts itself to a realistic number of goals.
  • during Q1, the Sigil team will work on getting listed on a number of exchanges, paying the listing fees themselves.
  • Q2 will mark the launch of the Sigil Go Beta, their main project, as well as Wallets for Android and iOS.
  • Q3 will be dedicated to enabling Atomic Swaps in order to trade SGL for other cryptos.
  • lastly, Q4 will be used to launch the Lightning Network, which is focused on reducing both transaction times as well as fees.
The Community
At the moment, we are a small and humble community, with their slack featuring around a thousand members that are actively participating in the giveaways, mining discussions as well as bounties and trading shenanigans.
What stood out to me when I first joined was just how much direct contact there is between community and developers. If you have any questions, whether it is about bounties, the state of development or the mining pool, you can expect that the devs will keep in contact with you.
Giveaways are hosted daily (as often as twice a day), bounties are plentiful, and should the main mining pool be down, you can bet your behind there is no shortage of people reporting it, as well as the devs actively communicating with us in order to resolve the issue ASAP.
Which I guess brings us to...
The Mining
I first stumbled upon Sigil with the intention to mine a low difficulty, high potential coin that could find a market gap for itself, and I think I found what I was looking for.
Mining is done via Neoscrypt algorithm, which currently seems to favor Nvidia cards for its power efficiency and the fact that overclocking both memory and core clock doesn't seem to affect the hashrate by a significant margin, making low TDP mining the way to go.
The announcement post has a useful guide for getting started, but for everyone that just wants to do a quick test drive, I will provide a little quickstart guide:
DISCLAIMER: THE .7z's CONTAINING CCMINER AND NSGMINER ARE STRICTLY FOR ILLUSTRATING THE MINING PROCESS.
I DO NOT TAKE ANY CREDIT FOR THE WORK KLAUST AND GHOSTLANDER HAVE DONE TO PROVIDE US WITH THE SOFTWARE.
I AM ONLY PROVIDING EXAMPLES FOR THE WINDOWSx64 OPERATING SYSTEM, SORRY LINUX USERS :(
  • download the wallet at their website
  • register at the main pool (0% fee, highly configurable, live stats)
  • under "My Account" -> "My Workers" register a new worker with a name and a password.
  • a) If you are using Nvidia GPUs, download this
  • b) If you are using AMD GPUs, download this
  • Extract the folder, open it, right click on the start.bat and then select "edit"
  • Replace "Username" with the name you registered on the pool, "Workername" with the name of your registered worker, and "Workerpassword" with the password you set for your Worker
  • Save and Exit
  • run the start.bat
  • hope that I did everything correctly
  • Your miner should work now, check the Stats on your Dashboard to gauge Performance
If the miner does not work, I either messed up or there are incompatibilities. In any case, refer to the guide to set it up correctly, or to get info on CPU miners as well as support for other operating systems.
In Conclusion
I cannot predict whether this will be a success or a project destined to fail, noone can. However, for me at least, the project seems promising, the roadmap seems realistic and I've grown to like the community.
Sigil is in its early stages, and if you want, you can join the ride. In the end, isn't this also a crowdfunding campaign? ;)
submitted by Dezli to CryptoMarkets [link] [comments]

cgminer setup for LTC litecoin mining from one noob to another Free Bitcoin Miner New Systems - YouTube Trezar Coin TZC Mining Tutorial with Nvidia GPU & CCMiner Cgminer Litecoin Setting (Update) Headless Bitcoin Miner - CGMiner

While ccminer v1.8.4 from tpruvot does about 8 MHs on a stock GTX 1070 GPU, but you can get faster speeds on the same hardware by using the latest ccMiner fork from alexis 78 . We have compiled a 64-bit Windows binary with Compute 5.x support and CUDA 7.5 for Nvidia Maxwell GPUs from the latest source for mining X11-Gost (SIBCoin) and with it you can get about 10-11 MHs on a stock GTX 1070 GPU. Get the CCMiner price live now - CCM100 price is up by 5.79% today. (CCM100/USD), stock, chart, prediction, exchange, candlestick chart, coin market cap, historical data/chart, volume, supply, value, rate & other info. While ccminer v1.8.4 from tpruvot does about 8 MHs on a stock GTX 1070 GPU, but you can get faster speeds on the same hardware by using the latest ccMiner fork from alexis 78 . We have compiled a 64-bit Windows binary with Compute 5.x support and CUDA 7.5 for Nvidia Maxwell GPUs from the latest source for mining X11-Gost (SIBCoin) and with it you can get about 10-11 MHs on a stock GTX 1070 GPU. Hot news: There were a lot of happenings in the last 60 minutes on the Crypto stock exchanges. Sixty minutes ago Bitcoin holds the top position of the most popular digital currency in the exchange market. With a -0.49% fall of its currency value now at 7334.630 dollars from 7370.747 dollars. Bitcoin is follo.. Tags. Anoncoin, Bitcoin, CaliphCoin, CCMiner, Centurion, Crypto, EOS, Ethereum ... If you have Bitmain AntMiner U1 USB sticks for Bitcoin (BTC) mining you would need to use a special version of cgminer miner software that is compiled to support these BTC ASIC devices. Below you will find cgminer 3.8.5 compiled for Windows that has support for the AntMiner U1 USB ASIC miners along with example BAT files to run the USB ASIC at “stock” frequency for 1.6 GH/s, along with ...

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cgminer setup for LTC litecoin mining from one noob to another

How to start mining Bitcore (BTX) on pool with NVIDIA GPU's. Explained in details how to mine Bitcore (BTX) on any pool with NVIDIA GPU's. More innformation about Bitcore (BTX) you can find. How ... How To Connect Two Routers On One Home Network Using A Lan Cable Stock Router Netgear/TP-Link - Duration: 33:19. Richard Lloyd 2,591,782 views Free Bitcoin Mining Start mining now to make free money https://freebtcmining.org/ start mining now multi coins http://freecoinminer.com/ SUBSCRIBE NOW FOR G... https://goo.gl/diKXCj - зарегаться на бирже, https://goo.gl/yF9Eot - телеграм с новостями. Криптовалюты ( Bitcoin Cash ... Watch my computer screen as I mine Bitcoin using 7 ASICMiner USB Block Erupters averaging 336MH/s. What you are seeing is an application named BFGMiner running 7 Sapphire Block Erupters ...

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