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Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
11-02-2017, 03:18 AM
Post: #61
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
Ok I got the app working. God this is so much easier now lol.

Only issue left is the wallet address. Everytime I make a new offline wallet, the address changes. Is that supposed to happen or do I have one address which is the same all the time?
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11-02-2017, 03:30 AM (This post was last modified: 11-02-2017 03:32 AM by Alpha360.)
Post: #62
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
Making a new offline wallet is like creating a new bank account.

Private address will always stays the same.
Public address can change but it doesn't seem supported for now. At least I didn't see any app offering that feature yet but it's available on bitcoin.
But you don't really need that right now.

The totally convinced and the totally stupid have too much in common for the resemblance to be accidental.
Only the madman is absolutely sure. Robert Anton Wilson
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11-02-2017, 03:37 AM (This post was last modified: 11-02-2017 03:38 AM by Determined.)
Post: #63
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
That's strange. Everytime I click "offline paper wallet" a new one gets generated. New Public and Private addresses

I'm currently mining at 200 Hash rate
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11-02-2017, 03:44 AM (This post was last modified: 11-02-2017 03:46 AM by Alpha360.)
Post: #64
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
(11-02-2017 03:37 AM)Determined Wrote:  That's strange. Everytime I click "offline paper wallet" a new one gets generated. New Public and Private addresses

I'm currently mining at 200 Hash rate

That's normal. It's an app to create an offline paper wallet. It doesn't store your wallet on your computer like other common bitcoin wallet.
So each time it will create a new paper wallet, like the old one didn't exist. Save the pdf or write it on paper or print it.
If you lose those privates keys your etn will be lost.
If you create a new adress that way it won't send your etn on the previous one if that's what you thought, it will a new wallet, like a new bank account with Zero money on it.

Right now we don't have access to the ETN we bought yet, as I said earlier.

The totally convinced and the totally stupid have too much in common for the resemblance to be accidental.
Only the madman is absolutely sure. Robert Anton Wilson
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11-02-2017, 03:46 AM
Post: #65
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
I could just make a new paper wallet correct? And that would create new private address if I do lose my old one?

Because all the private addresses of my first 4 printed paper wallets are different
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11-02-2017, 03:53 AM
Post: #66
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
Also how does this work? I'm currently mining. If I stop mining, will my mined ETN be sent to my wallet and added to the rest of my ETN?
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11-02-2017, 03:58 AM
Post: #67
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
(11-02-2017 03:46 AM)Determined Wrote:  I could just make a new paper wallet correct? And that would create new private address if I do lose my old one?

Because all the private addresses of my first 4 printed paper wallets are different

no you couldn't, if you lose it you lose it, then you would have to use some hypnosis to recover from your memory.
They are different like you would have 4 different bank account separated with 4 different password and the other bank doesn't know anything about the other account.

The totally convinced and the totally stupid have too much in common for the resemblance to be accidental.
Only the madman is absolutely sure. Robert Anton Wilson
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11-02-2017, 04:00 AM (This post was last modified: 11-02-2017 04:07 AM by Alpha360.)
Post: #68
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
(11-02-2017 03:53 AM)Determined Wrote:  Also how does this work? I'm currently mining. If I stop mining, will my mined ETN be sent to my wallet and added to the rest of my ETN?
It seems there minimum required and then they sent you the ETN.
Yesterday then sent me 96 ETN after 6 hours of mining.

The rest of your ETN is not available yet, as said in the news they have to resolve a hacking problem first. So your bought ETN is unavailable yet.
The offline wallet created is a new wallet with nothing on it.

edit:
The normal wallet like what is available on bitcoin is supposed to be on your phone app, but they have to resolve a problem first.

The totally convinced and the totally stupid have too much in common for the resemblance to be accidental.
Only the madman is absolutely sure. Robert Anton Wilson
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11-02-2017, 04:02 AM (This post was last modified: 11-02-2017 04:03 AM by Alpha360.)
Post: #69
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
But you can checked how many coin will be sent and your status on the mining pool there, depending on which pool you chose on the software,
I chose EU so mine is
https://eupool.electroneum.com/
Us is
https://uspool.electroneum.com/

The totally convinced and the totally stupid have too much in common for the resemblance to be accidental.
Only the madman is absolutely sure. Robert Anton Wilson
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11-02-2017, 11:53 AM (This post was last modified: 11-02-2017 11:54 AM by HMoody.)
Post: #70
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
It's been a crash course in learning about Crypto and mining in the last two days. I used Cyanide's links to buy some electroneum directly from the company. Right now it seems to be all over the place. Seemed like if you were one of the ones that mined early you ended up with a good chunk. Now it's crawling. Ah well, price has been dropping all day. Let's see how this plays out.

Do you guys think it'll hit a stable high in a month or so?
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11-02-2017, 12:19 PM (This post was last modified: 11-02-2017 12:22 PM by Alpha360.)
Post: #71
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
If you follow the bitcoin price I think it will follow the same principles which is:
it hits a peek then drop, hit a peek then drop but each time higher and higher.
There are the stupid media that plays with that to put fear into potential bitcoin investor but real investor knows it's just crap.
Bitcoin is a proven system in my opinion. Price is at 7000$ right now, in my opinion even if it crash hard, people will keep coming back to buy more as there is high profit to be made.

it seems like a psychological welfare, do you have the guts to keep your money or will you sell at the wrong moment.
At first it seems like easy money but how many had the strength to keep their 10000 bitcoin from 2010-11; not many Popcorn

Also you have the ones who probably sold when the price was at 0.16cents and are going to buy back just before the price increase again. Don't let them fool you.

I'm waiting for the wallet release though, until now there was nothing to be afraid of as all the wallet containing the big stuff are still locked.

The totally convinced and the totally stupid have too much in common for the resemblance to be accidental.
Only the madman is absolutely sure. Robert Anton Wilson
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11-02-2017, 12:31 PM
Post: #72
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
That's a good point. People go up and down like crazy. That is very evident on based on the Electroneum talk boards. I'm thinking that best strategy is to just hold for quite a while. I might play with any coins I manage to mine without touching the initial Investment.

Has the mining rate slowed substantially for you as well? Right now it's barely giving out one coin per hour.

I spent 12+hours mining in the US pool yesterday but it seems like it hasn't found a block in well over 24 hours which seems quite strange. Makes me wonder if it is stuck.
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11-02-2017, 12:43 PM
Post: #73
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
Mined 10 ETN in 12 hours. Yikes...
Well, I plan to hold them for years too. I'm investing in bitcoins too.

INFP-T.
DMSI 3.1(~105 Days)
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11-02-2017, 01:24 PM (This post was last modified: 11-02-2017 01:30 PM by Alpha360.)
Post: #74
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
The official mining pool seems laggy
I'm using this one:
http://electroneum.hashparty.io/

and it seems to work better, when I switch back to the official I get more errors. Also the fees are at 2% instead of 4% in the official.
I mined around 60ETN with a 350h/s today.

Also one thing you guys might want to know, electroneum cryptographic code is the same as monero. Which means every software used to mine Monero also works for Electroneum.

https://www.reddit.com/r/Monero/comments..._you_need/

Here is a guide to for every config possible:
https://bitcointalk.org/index.php?topic=2345911.0

The totally convinced and the totally stupid have too much in common for the resemblance to be accidental.
Only the madman is absolutely sure. Robert Anton Wilson
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11-02-2017, 01:30 PM
Post: #75
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
(11-02-2017 12:43 PM)DarkPlouf Wrote:  Mined 10 ETN in 12 hours. Yikes...
Well, I plan to hold them for years too. I'm investing in bitcoins too.

What's your hashrate?

The totally convinced and the totally stupid have too much in common for the resemblance to be accidental.
Only the madman is absolutely sure. Robert Anton Wilson
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11-02-2017, 01:31 PM
Post: #76
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
Agreed. I wasted a lot of time mining the official US Pool using their windows app but that led to no electroneum at all. I've been using the electroneum.hashparty.io as well but still only getting about 1 ETN per hour at a hash rate between 150h/s to 350h/s.

I'm also mining using my gpu using awesomeminer vs using cpu which is just too slow. Wish I'd known enough to mine in the first few hours. Some people netted thousands of coins in the first hour alone!
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11-02-2017, 01:47 PM
Post: #77
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
(11-02-2017 01:30 PM)Alpha360 Wrote:  
(11-02-2017 12:43 PM)DarkPlouf Wrote:  Mined 10 ETN in 12 hours. Yikes...
Well, I plan to hold them for years too. I'm investing in bitcoins too.

What's your hashrate?
50-70. With my average laptop. Nvdia 920M.
I'm not at home so I can't use the deskop computer.
With a average laptop it's slow af.

INFP-T.
DMSI 3.1(~105 Days)
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11-02-2017, 01:51 PM
Post: #78
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
The good news is that if the official pool is laggy, it means they are a lot of people mining, too much for the server to handle. So it's maybe why the difficulty is getting high so fast.

Right now the price of the coin seems way too low based on the time spent. But it means the price may go up faster.

The totally convinced and the totally stupid have too much in common for the resemblance to be accidental.
Only the madman is absolutely sure. Robert Anton Wilson
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11-02-2017, 02:13 PM (This post was last modified: 11-02-2017 02:14 PM by Alpha360.)
Post: #79
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
(11-02-2017 01:31 PM)HMoody Wrote:  Agreed. I wasted a lot of time mining the official US Pool using their windows app but that led to no electroneum at all. I've been using the electroneum.hashparty.io as well but still only getting about 1 ETN per hour at a hash rate between 150h/s to 350h/s.

I'm also mining using my gpu using awesomeminer vs using cpu which is just too slow. Wish I'd known enough to mine in the first few hours. Some people netted thousands of coins in the first hour alone!

at 300h/s you get 34ETN per 24hours (1 day) according to hashparty. So per hour you get 1.4ETN, it's about right Thumbsup

8 hours ago its was around 110ETN per day.

The totally convinced and the totally stupid have too much in common for the resemblance to be accidental.
Only the madman is absolutely sure. Robert Anton Wilson
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11-02-2017, 02:16 PM (This post was last modified: 11-02-2017 02:16 PM by Alpha360.)
Post: #80
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
Hopefully the price goes to 50$ per coin, this way you may feel better when you mine one coin per hour Whistle

The totally convinced and the totally stupid have too much in common for the resemblance to be accidental.
Only the madman is absolutely sure. Robert Anton Wilson
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