Bitcoin Algorithm Explained - Mycryptopedia

GlobalBoost- A CryptoCurrency To Help Wounded Veterans

BSTY brings a completely new algorithm to the digital currency scene, and combines it with our real products, real company, and visible & accountable leadership. We aim to improve the acceptance of digital money, providing a safe & attractive investment using Yescrypt as our POW.
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EOT - Encryption of things

 **EOT - Encryption of things** 
There is a huge surge in devices attached to the internet, known as the Internet of Things, and it is estimated that over 80 Billion devices will be connected to the internet by 2025, from industrial machines to devices in our home. The constant hacking and cyber attacks have increased not only the demand but the necessity of secure solutions. Our privacy and digital footprint are at risk.
[b]Some examples where encryption plays a role:
[b]Secure messaging - To make messages truly secure we need a process whereby a cryptography can be applied to encrypt transaction.
[b]Secure calling - Secure calling is a process whereby the caller and the recipient of the call are identified and linked via a blockchain enabled cryptocurrency transfer, again creating public and private encryption keys making the call truly private.
[b]Secure media storage - To safely and securely store media a process is required where 1.) Access to the media is encrypted via public and private keys of the person wanting to store the media. 2.) The media itself needs to be encrypted with a set of encryption keys and 3.) Media storage costs need to be paid via cryptocurrency
[b]Secure browsing - To browse the internet securely we need to create a process of verification whereby nodes on the blockchain can verify websites as “safe”. Furthermore, the entire process needs to be encrypted as well.
[b]Verification - This is one of the most important uses of a blockchain, we can verify websites as in the example above but also various other things such as identity, title and ownership, date stamps and source of products as with the verification of the source of agricultural or other products. These are just a few examples. All of this data needs to be encrypted as well.
[b]“Smart home” security - Wi-Fi is often used for remote monitoring and control. Home devices, when remotely monitored and controlled via the Internet, are an important constituent of the Internet of Things - all needing encryption, otherwise, hackers paradise.
[b]EOT in the future - The examples we mentioned above are only “scratching the surface” of where these technologies are applicable and who knows what will be invented in future. Google, Apple and Uber are all testing cars that drive themselves. A major issue with this technology is again the security aspect and the need to protect against hacking and who want’s to get into a spaceship to Mars that might be hacked or hijacked by ransomware?
So the future for the [b]“Encryption of Things” – EOT, looks very interesting indeed and the role of crypto currencies in this will be major.
Read the full white paper here - http://eottoken.com/index.php/whitepape
The first device using EOT Coin is the BitVault®[/b] - the World's first crypto communicator and blockchain phone. The BitVault is a revolutionary new product that is built around security and privacy enabled through Blockchain technology. Biometric Security enabled through fingerprint and iris scan. Iris patterns are unique to you and are virtually impossible to replicate. This means that iris authentication is one of the safest ways to keep your BitVault locked and the contents private. Proven Biometric technology brings a whole new level of security to your crypto currency and blockchain transactions. Creating Military grade security for your device through third party independent Multilayer security.
September 2017 – Swiss Bank in Your Pocket integrates EOT Wallet(Achived)
October 2017 – BitVault®, the world’s first blockchain phone launches in London with integration of EOT for secure calling, secure messaging and secure browsing (First batch shipped)
November 2017 – BitVault® Global App Store launches for developers to develop their own applications (Achived)
November 2017 – Website EOT Payment Gateway for WordPress and WooCommerce (ACHIVED)
December 2017 – Cryptodoc stores all your documents securely and encrypted on your PC
December 2017 – Password Wallet stores all your passwords for applications and websites encrypted on your PC January 2018 – Smart Router for secure, encrypted internet which is direct, safe and easy
January 2018 – EOT Camera, an Encryption of Things connected camera
February 2018 – EOT Development Kit for hardware devices
EOT payment gateway live on swissbankinyourpocket.com, Now you can buy SBIYP and BitVault using EOT coins
More on the BitVault here:- https://swissbankinyourpocket.com/bitvault/]https://swissbankinyourpocket.com/bitvault/ https://swissbankinyourpocket.com/bitvault-apps/]https://swissbankinyourpocket.com/bitvault-apps/ https://bitcointalk.org/index.php?topic=2152534.0]https://bitcointalk.org/index.php?topic=2152534.0
JOIN US ON REDDIT : http://www.reddit.com/EncryptionOfThings]www.reddit.com/EncryptionOfThings JOIN US ON SLACK : [url=https://join.slack.com/t/eot-coin/shared_invite/enQtMjc3NzkxNzY5NzQ0LTFjMWI5NTJjOGEzYjU5ZDk0ZjRjZWE3MzBkNmI0MmQ2NTUzMTBkOGQ1YmEyNTllMmNiYzA3MGZjOGVmY2IyZGU
The EOT Token is trading on the Waves Platform, TOKENS are 1:1 image of EOT coins, EOT coins can be converted to tokens and vice versa using gateway service in SBIYP hardware wallet. if you do not have that hardware wallet, you can contact members on slack who have purchased SBIYP to do that swap for you.
TOKEN DETAILS
Name : EOT Token (Verified)
Identifier : GdnNbe6E3txF63gv3rxhpfxytTJtG7ZYyHAvWWrrEbK5
Total supply : 100,000,000
EOT token (EOT) markets added on the Tidex Exchange https://tidex.com/exchange/eot/btc https://tidex.com/exchange/eot/waves
EOT Coin details (currently minable)
https://github.com/EmbeddedDownloads/EOTCoin
windows wallet[/b] https://github.com/EmbeddedDownloads/EOTCoin/releases/download/v1.0.0.1/EOTCoin-win.exe
windows Desktop wallet[/b] https://github.com/EmbeddedDownloads/EOT-Coin-Windows-Desktop-Wallet/releases/download/1.0/EOTCoinDesktopWallet1-0.zip
MAC Wallet [/b] https://github.com/EmbeddedDownloads/EOTCoin/releases/download/v1.0.0.1/EOTCOIN-Qt-OSX-v1001.dmg
WEB wallet [/b] http://eot.digital (Closing, please withdraw your coins)
ANDROID wallet [/b] https://github.com/EmbeddedDownloads/EOTAndroidWallet/releases
Block Explorer [/b] http://www.eot.digital:3622/
Block Explorer 2 [/b] http://www.eotcoin.info (created by [b]@Luanptit[/b])
[Block reward [/b] 100 Coins, [b] ALGORITHM [/b] SCRYPT, [b] BLOCK TIME [/b] 90 seconds
MINING POOLS
Official mining pool [/b] http://www.eot.digital:3001/ Getting Started [/b] minerd -a scrypt -o stratum+tcp://www.eot.digital:3256 -u WalletAddressWhereYouWantYourMiningCoins -p 1
unofficial Mining pools http://www.altminer.net
http://antminepool.com
http://coinminers.net/
http://www.vivocryptopool.com
[red]Currently EOT is traded on WAVES DEX, Crypto-Bridge DEX and TIDEX. Big exchanges will be available soon, exchanges are in comkmunication.
Opportunities are available with EOT - from Development, Mining, Trading as well as other business opportunities built around the EOT currency and the "Encryption of Things"
[size=34px]Bitvault on Yahoo Finance https://finance.yahoo.com/news/bitvault-worlds-first-blockchain-phone-201600279.html [/size] [center][img width=770]https://i.imgur.com/UMIlRoC.png[/img][/center]
[center][size=30px]Press release 4th October 2017 [/size] [size=30px]yahoo Finance https://finance.yahoo.com/news/bitvault-announces-london-launch-161000826.html?soc_src=community&soc_trk=tw [img]https://i.imgur.com/mBDZnN7.png[/img]
Some Helpful Information
[quote author=Story777 link=topic=2091616.msg21890405#msg21890405 date=1505551168]
You have been keeping a great secret.
I've been doing a bit of research with the technology behind this coin. It looks like ALOT of research has gone into this tech, since about 2004 and shortly after a patent for this P2P system was quickly issued.
Bitvault (https://swissbankinyourpocket.com/product/bitvault/) who are using the worlds first blockchain phone as a secure communication device and ultimately taking [font=Verdana][b]encryption[/b][/font] to the Internet Of Things (IoT) keeping our personal and business data secure. All this is done using [b]EOT coin [/b](Encryption of Things).
In todays world insecure devices are rampant. Here are a couple of links about the CIA being able to use insecure devices to 'cause accidents' http://www.sandiegouniontribune.com/news/cyber-life/sd-me-wikileaks-cia-20170307-story.html and https://www.washingtonpost.com/news/innovations/wp/2017/03/08/what-we-know-about-car-hacking-the-cia-and-those-wikileaks-claims/
It's scary to think a legal entity could posses such power over life. Just the mere fact alone the governing authority can request phone records (e.g. txt msgs, voice msgs or eavesdropping) proves most if not all telecommunication companies do not encrypt, otherwise whats the point on requesting the information!? (legal or not).
Commercially sensitive information needs to be protected and most importantly in my opinion our [font=Verdana][b]rights[/b][/font] and the privacy of all citizens of the human race need to be protected.
From my understanding BitVault is a platform for reference data. This would be data that is stored for compliance reasons such as e-mails, invoicing systems and check imaging (e.g. high quality imaging for x-rays, MRI scans etc) and a prototype was developed in 2004. This would means massive amount of data storage is required with fail-safe systems so a authorised user could access this information very very quickly.
Three goals were needed to be achieved: Low cost, high reliability/availability and simplicity. This is the birth of Bitvault via EOT.
Bitvault ultimately stores immutable objects with each new version being updated and identified with a 160-bit key.
System stability is very important and must be immune to failure sequences. Parallel repair via indexing is one of the many strengths Bitvault has been able to demonstrate.
BitVault is a back-end system that uses [u][b]Applications[/b][/u] to catalog object ID's. Using a catalog utility and indexing within an application prevented scalability bottlenecking under heavy loads.
Fast forward 3 years to 2007 a very important decision was to [u][b]decentralise[/b][/u] BitVaults system. This in my opinion is one of the fundamental principles of cryptocurrency - [u][b]No one entity or person has any control of the data stored and only the authorised user can access this info[/b][/u]. Ultimate Security and thus personal safety (see above articles CIA hacks). BitVault using applications have been able to use provable communication and data storage with ease of retrieval with vital security measures.
BitVault is not alone in researching solutions for security for the IoT, such as Venti and the like are making progress, however, BitVault is 'head and shoulders' above the few competitors and are already offering practical working solutions on the market with huge scalability that is cost effective.
Well Done BitVault, well done EOT your secret is out and let the world embrace.
author=Story777 link=topic=2091616.msg21462424#msg21462424 date=1504428317]
I have had a response in Slack and it has satisfied my questions. Thank-you.
For everyone information here it is:
The currency was created with 200 Million EOT total supply on 7 July 2017 [ we showed it to the community a London Fintech week with the demonstration of the BitVault - fintechweek.com ]
100 Million was pre-mined and another 100 Million are currently being mined, 1 block every 90 seconds @ 100 coins per block.
So the pre-mined coins were listed on waves as a token so that it can create a market for the coins while we are working to get listed on other exchanges.
The 100 Million coins listed were distributed in several ways. Firstly, this was not an ICO because our business is already funded via private capital. We wanted to get the currency distributed a widely as possible. So most of the initial coins were given away to a number of interested parties. We distributed this to our whole development team, business partners, employees as well as to the waves and other communities. So we did not sell all these coins for the current price, most of it was given away for free to people that have an interest in our products and business. The price now is formed by whoever owns these coins.
The tokens on the exchange is really a representation of the currency and as such has value because it can be interchanged, just like Bitcoin and Ethereum are on the waves exchange. This whole process is explained on page 4 of the waves whitepaper, I think they call it an asset-to-asset exchange which makes it possible to list any asset that exist on waves. Unfortunately waves only has gateways currently for Bitcoin, Ethereum, Waves, Euro and USD, so we have to develop our own gateway, which will be available on Nov 1.
So to clarify 100,000,000 tokens costing $190M were not sold. It is a combination of airdrops, private sales and sales on the exchange.
Some EOT coins are needed because: "A lot of EOT will be distributed through our devices. For example our encrypted routers are pre-loaded with EOT, so we need that stock and it will be distributed that way".
And with the response to tokens on the Waves Exchange "This is how Bitcoin works on waves: - They created 21 Million BTC Tokens.. When you deposit Bitcoin into waves account, you receive an equal amount of tokens which you can either trade or even sent via the waves blockchain to another user.. Once you withdraw your tokens are exchanged for BTC and you receive it back into your BTC wallet.. Exactly the same for USD or EUR - You don't send Euro's to another client on waves if you transfer - you send a token that represents EUR -- This works exactly the w0083".
These are the answers I was looking for and make a lot of sense now. This is indeed an exciting project. :)
It's time to trade....
Now I have one question left....
Is there anyone using NiceHash to mine this coin?? I keep being disconnected because of the difficulty being too low. Can any one help?
[quote author=Shews link=topic=2091616.msg22876983#msg22876983 date=1507755312] EOT (coin) is now tradable on the CryptoBridge Decentralised Exchange, you can sign up below.
Please note this is for the EOT COIN ONLY, do not send tokens to this dex. This is a secure means to trade with the backend being on a blockchain. It is still in beta stage but has been working flawlessly so far. If you'd like more info I will post their website link is below.
https://wallet.crypto-bridge.org/?r=388691
You can sign up with a local wallet mode, meaning you are the only one with access to your keys, this is most secure. There is also the option to sign up with and account if you require access to you funds on the go.
More info:
https://crypto-bridge.org/
submitted by johningreece to crypto_currency [link] [comments]

Are CryptoTab Browser H/s real???

Well, I know some people will call out CryptoTab here, but it ok. The thing I want to know is that how CryptoTab Browser (the first browser with integrated mining algorithm apparently) manage to hit such high H/s? CryptoTab started as extension for both Chrome and Firefox, I tried it on Chrome and got 15 - 20 H/s with my poor i7 4510u (This is a low TDP Intel CPU for laptops with max 23w in fullLoad) Then I saw someone posting on their Facebook page saying that Firefox gives twice the H/s, so I went and downloaded Firefox (never liked Firefox cuz their browser looked really messed up) but then I saw that Firefox Quantum was a thing and downloaded it to see and once I saw the new protect, I uninstalled Chrome from my PC lol. And the guy was right! I was now mining at 30 - 35 H/s twice as much!! Then a few days later, they finally launched their CryptoTab Browser which promissed 4x or even 8x the mining speed!!! Download it and from 30 - 35 H/s in Firefox I was now doing 100 - 130 H/s !!!! O.o How is it possible!? I don't even get this much using any miner out there!!! (cpuminer, minerd, Zecminer etc) And then you would say "pfff LUL fake hashes LUL" I also thought SO! but the speed with I was mining was really increased!! I managed to mine a few satoshis with a few minutes instead of hours!! They told me they aren't mining Bitcoins, they actually mines Monero / Litecoin and then convert to Bitcoin to their users, and they actually pay! lol, the minimum payment request is 0.00041 BTC but if you install their other extension (CryptoSearch) you can withdraw at 0.00001 BTC in case they have spare funds to cover the fees from users withdraws. I managed to withdraw 0.00001BTC to my GreenAddress Wallet yesterday. Tl;DR Can someone tell me how they managed to optimize their browser to give ridicules H/s? From 30 H/s to 130 H/s is absurd increase! Their browser is 64 Bits Chromium based. I'm just really curious to know how they managed to make a fully function browser and yet give aburds amount of hashes rate too, while standalone miners give me like 30 H/s most of the time, sometimes 50 but it vary a lot!!! Maybe i'm overlooking something?
submitted by FunWithSkooma to cryptomining [link] [comments]

[PSA] Don't be a bad shibe; do not abuse free hosting provider plans.

Serious talk for a moment, fellow shibes and dogecoin lovers.
There's been quite a number of threads about using cloud hosting companies (AWS, Azure, Digital Ocean, and others) to do doge mining. I know I, and all of you are extremely excited about Dogecoin, and I know we all want supar hashrates but we need to talk.
Doge's algorithm empowers us to use CPU mining and this means a lot more flexibility about where we run minerd and cgminer; but abusing a hosting company's free tier to do this is going to get you kicked off and is abusive.
There's a difference if you have a coupon for a bajillion free credits and hosting to do with as you wish - many providers have these. Using those free credits means you are technically paying for the service and will probably burn through the CPU hours given and end up paying.
It's also a different thing to use on the spot pricing arbitrage to do your mining, that's also fair game.
But please, please - as one shibe to another - don't use free tiers on hosting providers (these are typically 1 vCPU (virtual CPU) with low memory) to do your mining.
This is well, rude - and we all know you can abuse these types of offers to create a virtually unlimited number of accounts. This punishes other customers using those systems and is just bad shibe karma.
So please be polite: if you've got coupons & credits, cool - just don't try to squeeze those free tiers to get some mad hashes - you won't get anything but kicked off those services and give us all a bad name. You wouldn't install malware on people to mine, you wouldn't take someone else' power to run your milk crate GPU setup - let's leave that to other communities. Let's be cool.
tl;dr Be cool. Use things you're paying for in some capacity, don't abuse free things companies provide. It's not nice or polite.
We will get to moon landing, let's just be cool about it.
http://imgur.com/b8S3vcp
EDIT: As I say in http://www.reddit.com/dogecoin/comments/1tz736/psa_dont_be_a_bad_shibe_do_not_abuse_free_hosting/ceczixo - there s an entire world of underhanded/dirty tricks other mining communities use - botnets, malware networks, spamming free signup accounts (100s or 1000s of accounts), cloaking binaries, etc
I mean, read this post by Charles Stross Why I want Bitcoin to die in a fire:
Bitcoin violates Gresham's law: Stolen electricity will drive out honest mining.
So, let's stick to honest mining. And GPU setups sold in milk crates because those are pretty awesome milk crates.
submitted by jnoller to dogecoin [link] [comments]

Is CryptoTab H/s real???

Well, I know some people will call out CryptoTab here, but it ok. The thing I want to know is that how CryptoTab Browser (the first browser with integrated mining algorithm apparently) manage to hit such high H/s?
CryptoTab started as extension for both Chrome and Firefox, I tried it on Chrome and got 15 - 20 H/s with my poor i7 4510u (This is a low TDP Intel CPU for laptops with max 23w in fullLoad)
Then I saw someone posting on their Facebook page saying that Firefox gives twice the H/s, so I went and downloaded Firefox (never liked Firefox cuz their browser looked really messed up) but then I saw that Firefox Quantum was a thing and downloaded it to see and once I saw the new protect, I uninstalled Chrome from my PC lol. And the guy was right! I was now mining at 30 - 35 H/s twice as much!!
Then a few days later, they finally launched their CryptoTab Browser which promissed 4x or even 8x the mining speed!!! Download it and from 30 - 35 H/s in Firefox I was now doing 100 - 130 H/s !!!! O.o How is it possible!? I don't even get this much using any miner out there!!! (cpuminer, minerd, Zecminer etc) And then you would say "pfff LUL fake hashes LUL" I also thought SO! but the speed with I was mining was really increased!! I managed to mine a few satoshis with a few minutes instead of hours!!
They told me they aren't mining Bitcoins, they actually mines Monero / Litecoin and then convert to Bitcoin to their users, and they actually pay! lol, the minimum payment request is 0.00041 BTC but if you install their other extension (CryptoSearch) you can withdraw at 0.00001 BTC in case they have spare funds to cover the fees from users withdraws. I managed to withdraw 0.00001BTC to my GreenAddress Wallet yesterday.
Tl;DR: Can someone tell me how they managed to optimize their browser to give ridicules H/s? From 30 H/s to 130 H/s is absurd increase!
Their browser is 64 Bits Chromium based. I'm just really curious to know how they managed to make a fully function browser and yet give aburds amount of hashes rate too, while standalone miners give me like 30 H/s most of the time, sometimes 50 but it vary a lot!!! Maybe i'm overlooking something?
submitted by FunWithSkooma to BitcoinMining [link] [comments]

EighthCoin(8TH) join us before too late

EighthCoin
Please vote here:
https://c-cex.com/?id=vote&coin=8th https://request.coinpulse.io/suggestions/6728/eighthcoin Eight represents infinity, and everything good in the universe. EighthCoin represents the infinity of our faith in the crypto world.
https://www.youtube.com/watch?v=DvM3LyK3dzc Credit: fitraok09
EighthCoin is listed at
https://c-patex.com/markets/8thbtc https://alltrade.centeexchange.php?p=LTC&s=8TH Currently PoW, PoS starts at Block Height 8888
EighthCoin is a digital currency designed for low fees, high ROI and instant transactions for payments all around the world and merchants that accept cryptocurrency as a form of payment and investment. EighthCoin benefits from the open source and transparent nature of Bitcoin and Peercoin. EighthCoin utilizes a more distributed encryption system known as Staking combined with a reward system for mining. This makes earning rewards more possible from your desktop and resisting ASCI machines. With high PoS ROI and profit, EighthCoin is a great choice for your investment.
Website: https://eighthcoin.github.io Source: https://github.com/EighthCoin/ Twitter: https://twitter.com/EighthCoin Facebook: https://www.facebook.com/8thCoin/ Discord: https://discord.gg/K3U6r6J Wallets: https://github.com/EighthCoin/eighthcoin/releases EighthCoin Specifications
Coin name: EighthCoin Algorithm: Scrypt Type: PoW/PoS Symbol: 8TH Address Prefix: 8 Total supply: 8,888,888,888 Last block PoW: 8888 Minimum stake age: 8 hours Maximum stake age: infinity Block maturity: 20 blocks Target block time: 1 min coins Block Reward: 88 coins normally (8888 coins JackpotBlock) PoS percentage: 88% per year normally (up to 8888888% JackpotBlock) JackpotBlocks: 8, 16, 24, 32, 40, 48, ..., 888, ..., 8888, 88888, ..
Block Reward
Normal award is 88 new EighthCoins per block, the award goes up to 8888 per JackpotBlock when the height number is a multiple of 8.
PoS
The normal PoS ROI is 88%.
When the block height is a multiple of 88888, the PoS ROI rockets to 8888888%; When the block height is a multiple of 8888, the PoS ROI rockets to 888888%; When the block height is a multiple of 888, the PoS ROI rockets to 88888%; When the block height is a multiple of 88, the PoS ROI rockets to 8888%; When the block height is a multiple of 8, the PoS ROI rockets to 888%; Start 8TH now and Earning!
Staking
Join Airdrop, or mining now.
Download EighthCoin wallet (Windows, Linux, macOS, etc. ) to begin staking and earn profits .
Solo-mining:
https://github.com/poolecpuminereleases
./minerd -a scrypt -u admin -p password -o 127.0.0.1:32049
Nodes and config file
rpcuser=admin rpcpassword=password rpcallowip=127.0.0.1 rpcport=32049 listen=1 server=1 addnode=35.231.57.253 addnode=35.185.107.113 Block explorer:
https://8th.blockrex.info/ Credit: eboot73
** Road Map: **
Finished:
Blockchain Launch Website Windows wallet Mac Os wallet Linux wallet Preparing:
listing on Exchanges Android wallet iOS wallet Web wallet Launch whitepaper ** What are the big plans of EighthCoin in the future? **
Planning: PoS platform in personal online streaming service as Proof of Streaming.
Current Bounty:
(Please join Discord for verification of bounty)
Translation: 1888 (Please don't google translate)
German: https://bitcointalk.org/index.php?topic=3129167.msg32359383#msg32359383 credit: @ChrisB in Discord Chinese: https://bitcointalk.org/index.php?topic=3128003.new credit @mako jr in Discord Malay: https://bitcointalk.org/index.php?topic=3128851.0 credit @zulrayyan in Discord Italian: https://bitcointalk.org/index.php?topic=3131588 credit: @CryptoReggae in Discord Dutch: https://bitcointalk.org/index.php?topic=3134037 credit: @Cryptobel in Discord Bulgarian: https://bitcointalk.org/index.php?topic=56593.new#new Credit: @radohaema in Discord Indonesian https://bitcointalk.org/index.php?topic=3130498.msg32374691#msg32374691 Credit: @WoKay_ in Discord Filipino: https://bitcointalk.org/index.php?topic=3130671.new#new Credit: @ziggy in Discord French: https://bitcointalk.org/index.php?topic=3144257.new#new Credit: @ziggy in Discord Korean: https://bitcointalk.org/index.php?topic=3146251.msg32528012#msg32528012 Credit: @ziggy in Discord Thailand: https://bitcoingarden.org/forum/index.php?topic=31608.0 credit:@tazmako Youtube: 1888
https://www.youtube.com/watch?v=DvM3LyK3dzc Credit: fitraok09 For Block Explorer: 8888 (888 every month after 3 month) credit: angrypool.com
For helping developing Android wallet: 88888
For helping developing iOS wallet: 88888
For helping developing web wallet: 88888
Airdrop
Twitter: Free 8TH when you follow, like, retweet. https://twitter.com/EighthCoin https://docs.google.com/forms/d/e/1FAIpQLSfINDNzDbbxIHDGR506bjflbj6W8mGV1TcMY7C1x6OWOtKavQ/viewform As we received too many spam from Twitter Airdrop, now Discord airdrop/bounty start!
Discord Invites Bounty:
Each Invites worth 16 8TH!
Use !invites in Discord to check your ranking.
Discord Rank Bounty:
Keep being active and claim bonus.
Top 10 will receive (score/10) 8TH coins
Discord Meme Bounty:
Be creative and collect likes.
Each meme will receive 16 8TH, and most voted will receive 88 8TH everyday.
Discord Jackpot:
Be online and active, random online Eighthcoiner (level > 1) will be chosen to win 88 EighthCoin
submitted by yangglan to u/yangglan [link] [comments]

Getting started using minerd, have some questions/concerns

I don't know if this is the right place since I got more results in litecoinmining. I'm getting started and just want to see what I can get, not doing this stuf seriously right now. I'm using my CPU to mind and it's an Intel Core i5. I'm using minerd and have it setup as the following:
C:\Users\Username\Desktop\cpuminer>minerd --url=stratum+tcp://stratum.bitcoin.cz:3333 --userpass=myusername.myworker:workerpassword
It seems to connect and this is my output: [2014-07-04 12:32:28] Starting Stratum on stratum+tcp://stratum.bitcoin.cz:3333
[2014-07-04 12:32:28] Binding thread 1 to cpu 1 [2014-07-04 12:32:28] Binding thread 3 to cpu 3
[2014-07-04 12:32:28] 4 miner threads started, using 'scrypt' algorithm.
[2014-07-04 12:32:28] Binding thread 2 to cpu 2
[2014-07-04 12:32:28] Binding thread 0 to cpu 0
[2014-07-04 12:32:29] Stratum requested work restart
[2014-07-04 12:32:30] thread 2: 4104 hashes, 5.68 khash/s
[2014-07-04 12:32:30] thread 1: 4104 hashes, 5.58 khash/s
[2014-07-04 12:32:30] thread 3: 4104 hashes, 5.57 khash/s
[2014-07-04 12:32:30] thread 0: 4104 hashes, 5.59 khash/s
[2014-07-04 12:32:32] Stratum requested work restart
[2014-07-04 12:32:32] thread 0: 18696 hashes, 8.00 khash/s
[2014-07-04 12:32:32] thread 1: 18588 hashes, 7.92 khash/s
[2014-07-04 12:32:32] thread 2: 17832 hashes, 7.59 khash/s
[2014-07-04 12:32:32] thread 3: 18996 hashes, 8.10 khash/s
[2014-07-04 12:33:01] Stratum requested work restart
[2014-07-04 12:33:01] thread 3: 283224 hashes, 9.65 khash/s
[2014-07-04 12:33:01] thread 1: 281448 hashes, 9.59 khash/s
[2014-07-04 12:33:01] thread 0: 286116 hashes, 9.75 khash/s
[2014-07-04 12:33:01] thread 2: 270864 hashes, 9.23 khash/s
[2014-07-04 12:33:05] thread 1: 37452 hashes, 9.68 khash/s
[2014-07-04 12:33:06] accepted: 0/1 (0.00%), 38.31 khash/s (booooo)
[2014-07-04 12:33:11] thread 0: 88980 hashes, 9.25 khash/s
[2014-07-04 12:33:11] accepted: 0/2 (0.00%), 37.81 khash/s (booooo)
[2014-07-04 12:33:27] thread 1: 194808 hashes, 8.81 khash/s
[2014-07-04 12:33:28] accepted: 0/3 (0.00%), 36.94 khash/s (booooo)
[2014-07-04 12:33:37] thread 2: 345828 hashes, 9.70 khash/s
[2014-07-04 12:33:37] accepted: 0/4 (0.00%), 37.41 khash/s (booooo)
My first concern is all the booos. I've read it means someone got to that first and so I can't work it? Is that true and if so how can I get one that no one has worked yet?
submitted by SquareSphere to litecoinmining [link] [comments]

GekkoScience 2PAC 2x BM1384 USB Stick Miner cgminer Review ... USB Bitcoin Miner - The Power of 1000's Computers - YouTube How to Setup CGMiner to Mine Cryptocurrencys (Litecoin ... Warren Buffett reveals his investment strategy and ... Warren Buffett: Just Looking At The Price Is Not Investing ...

When mining bitcoin, the hashcash algorithm repeatedly hashes the block header while incrementing the counter & extraNonce fields. Incrementing the extraNonce field entails recomputing the merkle tree, as the coinbase transaction is the left most leaf node. The block is also occasionally updated as you are working on it. Außerdem muss für die Überweisung die Bitcoin Adresse angegeben werden. Für Solo-Mining, muss der Benutzername und das Passwort in der bitcoin.conf gesetzt werden. Die Berechnungen werden durch mehrere parallele Threads ausgeführt, was bei Computern mit mehreren CPU-Kernen die Geschwindigkeit der Hashberechnung erhöht. Inhaltsverzeichnis . 1 Verwendete Algorithmen; 2 Download. 2.1 ... The Best Bitcoin mining Software, try it Now! Depending on the difficulty of mining the block and the value to be deciphered, your profit may change, however, on average our users with the key of the Silver plan, with 3 uses in a day, have been able to generate between 0.15 BTC and 0.32 BTC, which is profitable if you compare it with the investment of the Mining key. Bitcoin is a digital currency based on Blockchain technology with sha256 Algorithm and works on Proof of Work. The blocks are generated by POW technology. 1. Go to https://blockchain.info/wallet/ 2… To get the full list of parameters just type MINERD -h at the command prompt.. The output will look something like below: Usage: minerd [OPTIONS] Options: -a, --algo=ALGO specify the algorithm to use scrypt scrypt(1024, 1, 1) (default) sha256d SHA-256d -o, --url=URL URL of mining server -O, --userpass=U:P username:password pair for mining server -u, --user=USERNAME username for mining server ...

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GekkoScience 2PAC 2x BM1384 USB Stick Miner cgminer Review ...

User guide: https://images-na.ssl-images-amazon.com/images/I/91UhvHSt3IL.pdf Information Gekko Science 2Pac ASIC chip type: BM1384 Hashrate: Hash rate up to ... New video every Tuesday! Today we are taking a look at the Gekkoscience NewPac USB miner. We'll check all the hardware you need for setting it up, discuss so... SUBSCRIBE FOR MORE HOW MUCH - http://shorturl.at/arBHL GekkoScience NewPac USB Miner - https://bit.ly/2RIQgdX GekkoScience 8 Port USB Hub - https://bit.ly/2x... Are USB Bitcoin Miners profitable right now? This video will show you all of the facts you need to know about usb bitcoin miners and how much money they actu... What it really takes to mine a Bitcoin in 10 Minutes. Firstly I'll show you a special free method to mine Bitcoin and send funds directly to your wallet in 1...

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