So I'm not going to bother with PoW mining (network is already over 3Th/s) but PoS mining has me intrigued. It seems to be a low power way for someone to contribute to the currency. Buy tickets (well, sort of escrow since the coins are not spent just locked), do the vote thing when your ticket is selected, get paid. The biggest thing is that you need a 24/7 operation happening, but it doesn't seem to need lots of processing power. As such, I'm wondering if a low powered Atom SoC such as the Intel Compute Stick would work. Bugger all power but only pulls 10W. I can keep that running until the heat death of the universe. Any thoughts on this? What sort of power do you need for PoS?
You could try to set that up, but it might be considered inadvisable to run on an extremely slow machine. The faster you are able to verify and vote with your stake, the greater likelihood of your reward. The software is still in the earlier stages and not well optimized. A modern dual core with a minimum of 4GB of ram with 100% uptime is recommended.
I was running testnet PoS on a RaspberryPi2 quite happily. It seems to be doing OK on mainnet as well. Lots more people are staking/voting it seems though. I have not dug deep into how to verify my stakes are not missed yet but it is busily sending SStx purchase transactions as I type. This is also running on a small UPS along with cable modem and wifi router/firewall. The RPi2 is a new addition on the UPS but it is minimal, 3-4 watts. The last time the power went out we had internet on phones and tablets for the duration - almost 2 hours.
Same here. From what I can tell, the Compute Stick is 2-4x the price of a Raspberry Pi and slightly more powerful, so that shouldn't be an issue. Personally I've found that the memory and CPU footprint of the Decred client is pretty lightweight. I bet a Pi Zero could run it adequately.
You want cheap? http://www.ebay.com/itm/WYSE-Cx0-90...512R-DVI-US-THIN-CLIENT-No-Legs-/111898358805 A 1ghz Edan, and it will support 2 gig of ram, and a 32 gig flash cheap out of China. And yes, they easily run Linux, or FreeBSD, or the lightweight Windows. Want to see my SmallWall build cluster? http://www.smallwall.org/images/Cluster.jpg Top two are FreeBSD and the bottom is Ubuntu.
I'm also very interested in POS, however still not getting help how to vote, someone saw some tutorial about it?
Step 1: start your wallet with Staking enabled and optionally set the minimum coin reserve and the maximum ticket price(your wallet will not buy tickets if it would reduce your balance below the reserve or if the tickets cost more than the max price) 2: unlock your wallet with no time limit using the "walletpassphrase" command with 0 as the duration 3: leave the wallet running as long as you possibly can. A dedicated 24/7 box is ideal, any tickets that get picked for voting will be "missed" and not get a reward if the wallet is off when the pool selects them. Everything else is automatic.
I wouldnt be to worried about staking right at the moment. There are 10s of thousands in there already and you dont get to vote until block 4096 apparently. At least 10-14 days away...
Yes, however I need to buy the tickets now, so mature for 28 days. The more I wait to buy, later on I'll be able to vote.
Voting won't start for 2 weeks. If you spend all 282 Airdrop coins on tickets now(like me), it should finish buying tickets in about 12 hours, so there's no rush. Wouldn't hurt to be on top of things, but no rush.
Check my Tutorial, which covers using config files. The example for the Pi wallet includes turning on Staking.
You may want to add what little we know so far about the block 4096 vote thing. There is another thread going over some of this as well. https://forum.decred.org/threads/is-pos-working.531/