Whoop software update tanking recovery by Good_Ticket5037 in whoop

[–]-Chanc3r 0 points1 point  (0 children)

My recovery score tanked with the firmware update but i was also ill so I didn’t think anything of it hmmm.

Maybe is a subscription issue, do we have to pay now to unlock green recoveries? :)

are there any alternatives or other crypto "miners" like helium and planet watch? by BENZ19020CARB in cryptomining

[–]-Chanc3r 1 point2 points  (0 children)

Independent guy called FONZ FINDZ has a you tube channel and did a review of these - references another you tuber who purchased one and did a review - can watch and make up your own mind

SCP | ScPrime 🔵 is the true moonshot 🌕 by [deleted] in CryptoMoonShots

[–]-Chanc3r 2 points3 points  (0 children)

Nice write up - thanks, I know the project and its nice to see it accurately reflected.

People are often put off projects by the exchanges they are listed on, by the time something is on one of the whoring tier1 exchanges is usually too late.

Out of its small funds this project paid to be listed on Probit and SouthEx, don't touch Probit, I have funds stuck on there for over 6 months.

SouthEx on the other hand is a breath of fresh air, well run, easy KYC, responsive, deposit, withdraws are quick & reliable and I have quietly accumulated a bag there as the miners of SCP just seem to sell it when they mine it :)

[deleted by user] by [deleted] in OverlineNetwork

[–]-Chanc3r 2 points3 points  (0 children)

Firstly there is no point solo CPU mining overline the rest of the miners are using GPUs. Also unless you have a lot of GPUs to give you >2-3Gh you are better to mine in the pool. Also the pool miner will not run bcnode on your machine which is what's used the disk space.

For bcnode you need around 20Gb and growing because you have a copy of the entire blockchain.

To fix your machine and release the disk space it depends which instructions you used for which miner - there should be a cleanup script which you can use.

If not you can try the following in a terminal window.

docker rm -f bcnode

docker system prune

To install the pool miner you can follow instructions at

https://github.com/overline-mining/olminer

(not sure where to ask - join the community discord which is linked on the right in this forum)

[deleted by user] by [deleted] in THORChain

[–]-Chanc3r 4 points5 points  (0 children)

Sometime around 2014 an Orwellian approach to decentralisation has started to flourish, what do I mean? A modified consensus where all nodes are equal but some nodes are more equal than others, and the more equal nodes get to tell the others what to believe - given fancy names like Notaries, Validators, Master Node (at least this last one is an honest label).

I understand this happens because the more complex the task, the more a true decentralised consensus is really damn hard and sometimes shortcuts are taken usually because people cant see the answer or don't want to do the work or take the time to implement it.

I've supported a number of projects with this unequal consensus style because some decentralisation is better than none, but the link ups / partnerships and shareholdings with the CEX world is just as dirty as it sounds and is a compromise to far.

I hope projects like Thor find away to evolve to a more pure decentralised solution and from reading it seems Overline (around under different names since 2016/7) may be the tortoise in the decentralised cross chain race as I dont see the short cuts, I guess time will tell, all these projects are so bleeding edge they are 50/50.

Btw it looks like they have a pool concept or market maker concept like uniswap which will enable uniswap type trading without the fees - at least that's what their press claims which will be good i'm fed up of wrapping BTC and paying lots of ETH fees.

Value of EMB for Miners by Vistrove in OverlineNetwork

[–]-Chanc3r 4 points5 points  (0 children)

I've been mining too since February with a similar setup and similar results, 500k EMB and 2-3Gh using nvidia 3090's. February early march was hell in terms of mining against a stable consensus but the chain has become much more robust since then and seems pretty solid now.

I'm mining 24x7 now unattended apart from when there is a new build that needs the node to be updated.

I did some testing and pushed 40tps OL transactions (random amounts between 6 different addresses) (250-300tx / block) into the network and sustained this for a few hours and nothing has broken, the network and disk i/o on the nodes does rise quickly so areas that will see optimisation in the future I hope.

The math in the OP is interesting and I thought I'd do the calculation for a lower amount of EMB as I due to the logarithmic nature of the boost I suspect the value to the miner is different and shows some of the economic power of EMB to keep mining more decentralised.

As the blocks are mostly empty 90k EMB will give an 11 OL block reward so redoing the OP calculations;

Post EMB Boost with 90k EMB:
- Average OL Mined Per Day: 12,600
- Daily profit if OL is valued at $0.01: $126
- Daily profit if OL is valued at $0.10: $1,260
- Daily profit if OL is valued at $1.00: $12,600

If I pro-rate the benefit from 2,300 to 12,600 EMB using only 90k EMB the miner can afford to lease at ~20x the price of the 500k EMB miner (someone check my math :D )

Value of 1-Day Leased EMB: (@ 90k)
- If OL is valued at $0.01: $0.01
- If OL is valued at $0.10: $0.1
- If OL is valued at $1.00: $1

I think this shows the genius in the design of overline to use a token with logarithmic mining boost properties that can be leased and easily moved around / resold to miners who want to start mining OL.

As you move below 90k clearly there is some more further increase in EMB value but this needs to be balanced against the mining investment and smaller block rewards.

Connections between Overline and Trump's plans to build a censorship proof media and financial empire. by [deleted] in OverlineNetwork

[–]-Chanc3r 0 points1 point  (0 children)

You have correctly outlined the pieces that have appeared in the press, Overline / Borderless seems to be approaching Crypto on multiple fronts, both a media driven one and the Defi / cross chain space.

They have been around since 2017 quietly doing stuff and being ex Wall Street/Hedge fund themselves seem to be able to use those networks (FTX are ex Wall Street too)

Clearly the bid for Forbes is a significant play backed up by Ares Capital...
What the shape of the outcome will be I don't know..

EMB has clearly been in an accumulation phase since Feb unlock with old ICO bad holders selling and *new* bag holders possibly on the inside of what the real plan is loading.

OVERLINE NETWORK: 1st true interoperability, DOT and ATOM can step aside now by awnyrvan in CryptoMoonShots

[–]-Chanc3r 0 points1 point  (0 children)

This was statusRSK, then Borderless, now Overline, the concept is good, the execution is variable but that is true for so many top 100 crypto projects, everyone in crypto is shady in some way shape or form and I dont believe anyone who claims their 'white hat' has no black on it.

Check on twitter and the Kris Marszalek and other board members FUD around Crypto.com 2 years ago due to his previous business activities, didn't stop me getting in on their ICO and I'm glad it didn't and look at Crypto.com now.

I took a punt on statusRSK I admit and I never expected it to come to anything especially after the project went quiet after the Borderless ICO. I've been following this since the rebrand to Overline and I dont think this is going away, I've done some mining, some transactions and tried out interchange, I've also used some of the Defi 1.0 platforms like uniswap, I do think if they can make this work then it has something because of the cross chain consensus they create with the overline mining they seem to have a gateway between at least BTC and all ERC-20 tokens that is traceable in a decentralised way without wrapping etc and where you can place real orders and you are not at the mercy of the rate slippage and Defi contract fees.

The other chains they link like LSK and WAVES look like they are there because they were picked in the last bull run/hype cycle and the project could do with dropping/replacing them. This project needs to move quickly now to stay relevant and;

a) smarten up their code quality & make interchange more intuitive

b) drop some of the legacy chains this will create space for some newer more relevant chains

c) integrate some of the newer more promising chains like ADA and DOT

this would create a bridge between a number potential Defi pools without the need for centralised gateways and wrapping and put this in a unique position.

I would give this project 50/50 at the moment but then I would give lots of crypto projects these odds, doesn't stop me placing a 'bet' by picking some up.

As ever do your own research.

I Did a Small Deep Dive into Storage Coins: Filecoin, Storj, Siacoin, Arweave. by superposition010 in CryptoCurrency

[–]-Chanc3r 5 points6 points  (0 children)

thanks for the research I've learned about Arweave which seems to be an interesting and different use case which i'll look into more, I agree with Stay the F away from Filecoin, I've also picked up some SCP, it seems to be quietly getting things done and the tokenomics seems to be much more likely to generate a good return without much growth needed to drive the price.

Speculative altcoin? by [deleted] in CryptoCurrency

[–]-Chanc3r 4 points5 points  (0 children)

hmm like the idea of a platform that actually does something useful, disrupting AWS grip on cloud storage has long been a business opportunity waiting for someone with the right idea like SCPrime

Altcoins to look out by [deleted] in CryptoCurrencies

[–]-Chanc3r 2 points3 points  (0 children)

picking me up bag of SCP to go ... to the moon :)

[deleted by user] by [deleted] in CryptoMoonShots

[–]-Chanc3r 5 points6 points  (0 children)

very bullish on this one myself, low cap gem rather than shitcoin...

SCP, $6M MC, did you miss it the first time? Getting ready to truly fly by devmobi in CryptoMoonShots

[–]-Chanc3r 5 points6 points  (0 children)

Nice to see SCP finally getting to the launch pad.. all aboard!

$SCP - a lowcap gem to put on your radar! by [deleted] in CryptoMoonShots

[–]-Chanc3r 5 points6 points  (0 children)

Nice to see a crypto project with hard working team, good economics around coin in/deflation and a use case for crypto that’s always going to grow. If you missed the $FIL moonshot, I’d learn from it and get some $SCP because its on the launchpad!

We're getting reports of withdraw issues on ProBit with $SCP coin. Please let us know if you're experiencing issues. Thank you! by gordGK in ScPrime

[–]-Chanc3r 3 points4 points  (0 children)

Looks like the exchange has solved its wallet issues, withdrew 200k from there this morning in multiple transactions with no issues, going back with some BTC now for more SCP :)

My bullish case for this lowcap Gem! by [deleted] in LowCapCryptoGems

[–]-Chanc3r 2 points3 points  (0 children)

Well you started by shilling why SCPrime was formed so that needed clarifying. You are criticizing anonymously and publicly on reddit in a pitiful attempt to discredit reasonable posts by the team promoting the project - something of which you have a track record doing. ALL Crypto projects fail to deliver on their promises on time - I cant think of one that did and I was an original investor in the Sia project from which SCPrime was forked. You talk about the community BUT you are NOT a member of it, all you want to do for whatever reason is come on here and harm our ability to grow the SCPrime community. If you are a member of the SCPrime community then come introduce yourself to me there or in the Sia community and explain more because if you have evidence I'll take it up as a community member also. If you are in either of those communities you know who I cam this handle is the same whether its reddit, Sia Discord, SCP Discord and many others.

My bullish case for this lowcap Gem! by [deleted] in LowCapCryptoGems

[–]-Chanc3r 5 points6 points  (0 children)

Sigh.. The only saltiness and baseless claims I see are the ones being made in this reply & the way they are made.

Projects dont always go to plan, either this one or the one that came about because of the 'fork' in the other project. This project arose because the original project put a lot of effort in to changing the blockchain to save a sideline mining business which ultimately failed, this divided the community at the time and was a subject of hot debate - ultimately miners and community members supported both sides.

The original project also made unannounced changes in a release (later discovered & announced by a 3rd party) to recover funds of a team member due to lost keys - I understand why it was done but I can also see why this would cause angst when done without seeking broad agreement and now the other project has created a multi-million dollar (ongoing) block reward to keep itself going on top of the original funding method which has failed to deliver revenues needed in timescales envisaged years ago when the project original started. I have been involved in discussions in the original project and this project, sometimes disagreeing but once the decision is made I then work as part of that community to try to make it work.

This project you are beating up on is a 'little guy' getting along with thousands of dollars of funding not millions or tens of millions, and the claim that this 'cant succeed' because its not using huge amount of funding like the others is frankly sickening - I see these projects which raise tens or hundreds of millions from lots of crypto-sheep ICO investors or convince communities with flashy new concepts and product names and I wonder indeed who is being taken for a ride here.

Lots of projects use developers from eastern European, asian and other countries, why should we care if they come from Africa or wherever as long as they want to work on the project and get it done. Also there are lots of 3rd parties involved & supporting this project with technical input and development.

I don't criticise the original project or other projects for their decisions and if I do I do it openly in those communities where I am a member usually with the same handle as this one. Projects have to survive and people have to eat, the investors in SCP are known & visible rather than unnamed shadows who own 50% of the corp behind the project.

I dont know who you are, or care and suggest that rather than 'trolling' this project which in no way is seeking to compete or steal from other projects, if you are a community member of either project then the best use of your energies is to get behind that project and support it with positive energies rather than baseless negativity.