Pos Guide Any Os - Solo Stake Mining

Discussion in 'Proof-of-stake Mining' started by Ayush, Mar 4, 2016.

  1. 2017/12/15 - Decred v1.1.2 released! → Release Notes  → Downloads
  1. Toplel

    Toplel New Member

    Mar 5, 2016
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    i need to save the whole dcrwallet folder? if i have the seed does i really need to save it as a backup? can i retrieve it anyway?
     
  2. Ayush

    Ayush Full Member
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    Jan 9, 2016
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    U can recover with seed but still some bugs are there. It is better to have a copy of the folder.
     
  3. Toplel

    Toplel New Member

    Mar 5, 2016
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    with some math you can achieve that the dev right now has the possibility to earn 25 bitcoin per day with his 840k stash in decred, lol

    nice premine
     
  4. Johnshpon3

    Johnshpon3 Member

    Dec 25, 2015
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    Please read this. Dev's coins are sitting still for at least one year, so they are not PoSing with them right now.
     
  5. Ayush

    Ayush Full Member
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    Jan 9, 2016
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    Also the developers worked Without pay to develop the network.
    I think I read that somewhere.
     
  6. Toplel

    Toplel New Member

    Mar 5, 2016
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    ah that's a good news, anyway... i've read on the web that you can vote with a pool, how it work? it allow people with low amount of coins, to have better chance at voting right?
     
  7. Toplel

    Toplel New Member

    Mar 5, 2016
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    also what is -- ticketaddress=XXX?, i've read that you can send your reward from pos directly to a cold wallet
     
  8. Ayush

    Ayush Full Member
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    In case u want to use hot and cold wallets or u want the stake pool to vote for u ,u will have to use this command.
    This basically gives the voting rights for the tickets purchased to the mentioned wallet address.
     
  9. Ayush

    Ayush Full Member
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    Jan 9, 2016
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    No better voting chances and all.
    It just votes on ur behalf. People who can't leave wallet open all the time and don't have net connection 24x7 can use stake pool to POS mine.
     
  10. Toplel

    Toplel New Member

    Mar 5, 2016
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    something strange, it say inserting unconfirmed transaction, and then 1 decred was added to my locked balance...???
     
  11. Szfinx

    Szfinx New Member

    Jul 17, 2016
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    United Kingdom
    Hi,

    I am very new here and I am setting up my PoS solo mining on a Windows 2008 VPS. Everything is running and looking good, I managed to purchase tickets manually without any problem.
    But when I try to set up the Auto Purchase option, I have the following output. What does it mean and what I am doing wrong?

    C:\Users\Administrator\decred>dcrwallet -u <wallet/daemon username> -P <wallet/daemon password> --enablestakemining --balancetomaintain=1.0 --ticketmaxprice=25

    09:55:13 2016-07-18 [INF] DCRW: Version 0.1.6-beta
    09:55:13 2016-07-18 [WRN] DCRW: Can't listen on 127.0.0.1:9110: listen tcp4 127.0.0.1:9110: bind: Only one usage of each socket address (protocol/network address/port) is normally permitted.
    09:55:13 2016-07-18 [WRN] DCRW: Can't listen on [::1]:9110: listen tcp6 [::1]:9110: bind: Only one usage of each socket address (protocol/network address/port) is normally permitted.
    09:55:13 2016-07-18 [ERR] DCRW: Unable to create RPC servers: failed to create listeners for legacy RPC server
     
  12. Ayush

    Ayush Full Member
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    Jan 9, 2016
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    I think u have another cmd window running the dcrwallet command.
    Close one of them and try.
     
    Szfinx likes this.
  13. Szfinx

    Szfinx New Member

    Jul 17, 2016
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    Thanks Ayush, It worked.

    But I thought I need to run the daemon and the wallet 24x7. Don't I? Or only the daemon need to be run all the time?
     
  14. Ayush

    Ayush Full Member
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    Jan 9, 2016
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    U need to run both 24x7
    U will have to be fast when it comes to updating binaries or other maintenance.
    And hope u don't miss a vote in that time frame
     
    Szfinx likes this.
  15. arcos

    arcos New Member

    Mar 29, 2017
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    USA
  16. Ayush

    Ayush Full Member
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    Jan 9, 2016
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    Hey there. Sorry bout that, Actually it wasnt updated cause we now have decred docs -https://docs.decred.org/ so any guide required is just present there with all the latest info.
     
  17. jcv

    jcv Full Member
    Developer

    Curious what bugs you are referring to. While there are of course bugs remaining in wallet software, there really should not be any issues with recovering from seed ever. If there were it would be the top priority to fix.
     
  18. Jamie Holdstock

    Jamie Holdstock Jr. Member

    Mar 30, 2016
    50
    37
    Male
    London, UK
    Just incase you didn't notice @jcv, the post you are replying to is from March 2016. It's still a fair question though, even back in those days I don't remember there ever being bugs with recovering from seed. I've never have an issue with it myself.
     
  19. jcv

    jcv Full Member
    Developer

    No, I did not notice. Grrr. No more posting before coffee.
     
    Alexoz, Ayush and David like this.
  20. Ayush

    Ayush Full Member
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    Jan 9, 2016
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    Not exactly a bug, but I was referring to the uncorrect balance problem. Which people were facing when they didnt wait for dcrd to sync completely first xD
     

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