Posts Tagged ‘HOdlcoin’

Second Mining Pool for HOdlcoin Now Available

31, Mar 2016

hodl-coin-logo

After the announcement of the first HODL mining pool there was a centralization of most of the network hashrate in that pool as many people moved away from solo mining. Now we have a second HOdlcoin mining pool from Suprnova available, so you can move your hashrate there in order to balance out the hashrate distribution among the two pools and with the solo miners things should be safer for the HODL network. Of course having a few more pools won’t hurt either, but even with two mining pools things are significantly better than with just one, so this is definitely a move in the right direction.

In order to mine HODL with the new Suprnova pool you can use the same dedicated hodlminer CPU miner (source) available for download below in the form of a Windows binary. If this is the first time you are hearing about HOdlcoin (HODL) you might want to get to know about the altcoin a bit more as it has an interesting idea and bonuses for early adopters. Also the new Suprnova pool has a fee of just 1% as compared to the fee of 2% for the Blockquarry Hodl Pool, so this can also be a reason enough for some miners to switch and try the new pool. Do note that the Suprnova HODL pool was just launched, so there might be some things that need to be fixed, though it seems that the mining part is working just fine already.

– To download and try the hodlminer CPU miner for pool mining HODL coins on Windows…

The First HOdlcoin Mining Pool is Now Available

26, Mar 2016

hodlminer-cpu-miner

We have recently covered HOdlcoin (HODL) as an interesting new altcoin. For the moment HODL is only CPU mineable and you could only mine it solo with the wallet, but the first mining pool is now available with a dedicated hodlminer CPU miner (source). The miner supports Stratum and you can control how many CPU cores you want to utilize to mine HODL, however at this point it does seem to be slower than the built in CPU ‌mining in the wallet. With hodlminer we are getting just about 1/4th of the hashrate we get in the wallet or just about 45-50 H/s as compared to about 200 Hashes per second in the wallet (under Windows 7) using an Intel Core i7 5820K CPU (6 cores – 12 threads). So you might want to wait for a more optimized miner to become available and keep solo mining for the moment in order to have higher hashrate available. Using pool mining does provide lower rewards per block, but also should ensure stable and more predictable mining income, unlike when solo mining at this already pretty high difficulty where luck plays a lot of role in how much you will make.

Update: New faster version of the miner is now available that should provide slightly higher hashrate than what you are getting using the wallet miner, increase should be something like 10-20% or more, but it can vary, so you need to test and compare. Just download the updated binary and try on your CPU and feel free to post result in the comments below.

– To download and try the hodlminer CPU miner for pool mining HODL coins on Windows…

HOdlcoin (HODL) Altcoin with CPU Only Mining, High Interest on Balance and Deposits

19, Mar 2016

hodl-coin-logo

HOdlcoin (HODL) is a relatively new experimental altcoin that can only be mined with the CPU for the moment using the coin’s wallet and although it is a PoW coin you get interest on your wallet balance and there is an option for deposit with even higher interest rate. The algorithm of the coin is made in a such way that early adopters holding their coins in the wallet get higher interest rates with the idea to attract more users resulting in a wider coin adoption for a shorter period of time. The regular interest rate is 5% APR, but with the extra bonuses and deposits the interest can grow exponentially. The deposits work in a way very similar to PoS, though there are some differences, your coins are locked for a period of your choice and the longer the deposit, the higher interest rate you get. To check the current interest rates and bonuses you can visit the HOdlcoin Interest Rate Calculator.

hodl-coin-wallet

The coin uses 1GB AES Pattern Search Proof of Work algorithm that involves filling up RAM with pseudo-random data, and then conducting a search for the start location of an AES encrypted data pattern in that data. Pattern Search is an evolution of the ProtoShares Momentum PoW, first used in MemoryCoin and later modified for use in CryptoNight (Monero, Bytecoin), Ethash (Ethereum). For the moment you can only mine HODL coins with your CPU via the wallet, there is no separate miner available yet or a pool where you can mine the coin. This means that you will have to run a separate HOdlcoin wallet on every computer where you want to be able to mine the coin and since it is solo mining luck can also play big role in how much you might be able to mine.

HOdlcoin CPU Mining Performance:
– Intel Celeron G1820 Dual-Core at 2.7 GHz – 13 H/s
– Intel Core i7 58020K Hexa-Core at 3.3 GHz – 202 H/s

HOdlcoin Specifications:
– Ticker: HODL
– Symbol: Ħ
– Block Time: 154 seconds
– Subsidy: 50 HODL subsidy per block
– Halving: Every 4 years
– Mining Supply:Total of 81,962,100 HODL will be mined
– Interest Supply: Between 150,000,000 and 500,000,000 HODL will be paid in interest to HODLers
– Fair launch: No Premine/Instamine/Ninja/100 initial 1 HODL blocks
– Proof of Work: 1GB AES Pattern Search POW
– Port: 1989
– RPC Port: 11989
– Testnet Port: 8989

HOdlcoin Exchanges:
– C-Cex
– YoBit


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