Jump to content

[Solved] my second TRTL donation


ikk157
 Share

Recommended Posts

OK...that sync'd faster than I expected...

New transaction found!

Incoming transfer:
Hash: f45b9934b0b47591bd8a9b01c02d65517c5ae8364a7ae0767d07c3d162670450
Block height: 2141445
Timestamp: 2019-12-27 07:45
Amount: 20,099.73 TRTL

Thank you for the donation. :)

Link to comment
Share on other sites

OK...that sync'd faster than I expected...

New transaction found!

Incoming transfer:
Hash: f45b9934b0b47591bd8a9b01c02d65517c5ae8364a7ae0767d07c3d162670450
Block height: 2141445
Timestamp: 2019-12-27 07:45
Amount: 20,099.73 TRTL
Thank you for the donation. :)

Always a pleasure to support HH in whatever way I possibly could :)

Link to comment
Share on other sites

OK...that sync'd faster than I expected...

New transaction found!

Incoming transfer:
Hash: f45b9934b0b47591bd8a9b01c02d65517c5ae8364a7ae0767d07c3d162670450
Block height: 2141445
Timestamp: 2019-12-27 07:45
Amount: 20,099.73 TRTL
Thank you for the donation. :)

I just came to know that the TRTL transaction fee has increased significantly! This is quite outrageous! We can’t keep on going with these new fees as it’ll cause the loss of the majority of the amount!

 

Any clue on any other coin that’s just as profitable as TRTL (or even more profitable) when it comes to mining on low end CPUs? One that has insanely low transaction fees.

Link to comment
Share on other sites

The fee goes up and down by demand. Congested network will cause fees to rise. You can usually specifically tell a wallet to use a smaller fee when sending coins, just be aware that lower fees mean it takes much longer for your tx to process. If the fee is averaging 10k and you put up 500, nobody is going to waste their time on you unless the network runs out of other tx's with higher fees.

 

I'm not aware of any other coin that is light enough to mine easily like turtle is. The other coins in the same space (xmr, aeon, etc.) are all much heavier on miners.

Link to comment
Share on other sites

The fee goes up and down by demand. Congested network will cause fees to rise. You can usually specifically tell a wallet to use a smaller fee when sending coins, just be aware that lower fees mean it takes much longer for your tx to process. If the fee is averaging 10k and you put up 500, nobody is going to waste their time on you unless the network runs out of other tx's with higher fees.

 

I'm not aware of any other coin that is light enough to mine easily like turtle is. The other coins in the same space (xmr, aeon, etc.) are all much heavier on miners.

That won’t work out in the long term at all! The fees will take away the majority of the future trtl i’ll end up getting by mining, and hence hh won’t get much at the end of the day. This is an absolute bummer!

Link to comment
Share on other sites

@wolstech, here's an example of the new transaction fees.

 

https://cdn.discordapp.com/attachments/635484138958356510/660765679816933386/IMG_20191229_141608.jpg

 

Well @ikk157, actually the transaction fees goes to the miners itself, they're not taken for anything else, so our incomes are likely to rise (or should by virtue of basic logic), so they should maintain an equilibrium. Have a look at this: https://discordapp.com/channels/388915017187328002/471023390954618883/660792522724999198

 

And TBH I can already see it rising - https://cdn.discordapp.com/attachments/634795472544071682/660835260854042645/Screenshot_20191229-185212.png

 

It was around 450 TRTL a day and I can already see it nearing ~600 TRTL a day.

Link to comment
Share on other sites

@wolstech, here's an example of the new transaction fees.

 

https://cdn.discordapp.com/attachments/635484138958356510/660765679816933386/IMG_20191229_141608.jpg

 

Well @ikk157, actually the transaction fees goes to the miners itself, they're not taken for anything else, so our incomes are likely to rise (or should by virtue of basic logic), so they should maintain an equilibrium. Have a look at this: https://discordapp.com/channels/388915017187328002/471023390954618883/660792522724999198

 

And TBH I can already see it rising - https://cdn.discordapp.com/attachments/634795472544071682/660835260854042645/Screenshot_20191229-185212.png

 

It was around 450 TRTL a day and I can already see it nearing ~600 TRTL a day.

You don’t quite get it. You’ll be losing more than what you’re gaining back!

Link to comment
Share on other sites

You can always mine directly to our wallet to skip the fee entirely. We mine on mine2gether, simply use our wallet address and we’ll get credit. (If you check the stats there you may see other miners labeled as RGS Client, those are HelioMine users.)

 

Of course this method means you’re going to donate the entire output of the miner...

Link to comment
Share on other sites

You can always mine directly to our wallet to skip the fee entirely. We mine on mine2gether, simply use our wallet address and we’ll get credit. (If you check the stats there you may see other miners labeled as RGS Client, those are HelioMine users.)

 

Of course this method means you’re going to donate the entire output of the miner...

I sort off wanted the statistics haha! Guess i can get part of them by setting a worker name.

 

What do you think of ETN? Is mining it through a low end CPU of any use compared to TRTL?

Link to comment
Share on other sites

  • 2 weeks later...

ETN is not mineable. They changed technologies a while back. ETN is a junk coin anyway, it’s more marketing fluff than actual technology, and some suspect that it’s actually a disguise for an identity data harvesting operation.

 

i just sent whatever was left in my turtle wallet to the hh wallet.

 

transaction hash: d18934b451f5e567e05ea5d4f9aec65bdbacb7365e4c7689ed6e562a1b5bbf64

 

I've also switched to mining directly to the hh wallet with the worker name "ikk".

 

apologies if this took too long. I initially chose to mine to my own wallet so that I can get the statistics, which wasnt a big deal then as the fee was extremely tiny. But with the new fork, the fee will increase significantly. And hence I'll follow both of your and Krydos's advice and mine directly to the hh wallet. I should've done this from the beginning, I am very sorry. 

Link to comment
Share on other sites

Wolstech, is it worth it if i give ninjarig a try on my VPS? Or do I keep on using xmrig? I heard Krydos saying that it tends to crash computers... not exactly what I want since I let my VPS mine 24/7 on 100% of the CPU, and I don’t feel like constantly checking on it.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

×
×
  • Create New...