[Solved] my second TRTL donation

[ikk157]

Greetings!

 

I just made my second TRTL donation to the HH TRTL wallet address. Can you please confirm that you’ve received it?

 

Transaction hash:

 

f45b9934b0b47591bd8a9b01c02d65517c5ae8364a7ae0767d07c3d162670450

 

Thanks!

[wolstech]

Wallet is syncing now, I'll check in the morning...

[wolstech]

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.

[ikk157]

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

[ikk157]

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.

[wolstech]

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.

[ikk157]

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!

[Sn1F3rt]

@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.

[ikk157]

@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!

[wolstech]

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...

[ikk157]

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?

[wolstech]

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.

[Krydos]

You can always mine directly to our wallet to skip the fee entirely.

That's what I said too.

[ikk157]

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. 

[ikk157]

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.