Plenty of Work, And I'm The Proof 😅 💦
It's been a fun couple of days with the KOINOS miner and putting my computer through the ringers to see what mining is all about. Now I know why it's called "Proof of Work" because your PC really does do some work and the temperature of my room went up by about 10 degrees, which means in the UK I'm having my own version of summer with these temperatures lol! Proper sweating going on here, I was doing my day job in my shorts for the most of it! No wonder these big mining rigs need water cooling haha
New Miner Version
I heard there was an update to a new version of the miner - v1.0.1 - which might give a smoother experience if you were having difficulties over the last couple of days - you can get it here if you wanted to try it out again.
Evening Off
So my PC, which I call the "Gladiator", is having the evening off to recharge after finding another few hundred KOINs today, pushed me over the 2k mark which was unexpected really! Thought I'd only get a couple of hundred but looking at the so called "rich list", I'll have to buy the North Sea mining rig if I wanted to compete with these guys haha - seriously!
337k and beyond in the first 24 hours, crazy! When the top three hodlers have 40% of the tokens... yeah... guess decentralisation might be off the cards! Still, I'm in the top 100 for now at least, I think - see where you stand here
Proof Frequency
I tried 1 per day Proof Frequency today but I will probably up it to around 6 per day tomorrow and see how that goes. I don't really have a target with it but I'm not leaving my music and gaming PC on all the time to mine seeing as it does sap pretty much all of my CPU to a point that just casual browsing on Leo and PeakD became uncomfortable (although that may also be down to the hard fork, which looks like it's been fully consensus...ised?) 🤔
Hard Fork 24
So, the "Eclipse" as it's also known as looks to be pretty much done and dusted and I want to shout out to the team (developers and witnesses) behind it all for the hard work they've done (I'm sure they have their own "Proof of Works" to contend with haha) but what changes were done?
Well, my understanding is that it is a lot of "under the hood" work that will streamline a lot of blockchain data processing - so much so that I heard only 1/4 of the processing power and storage is needed compared to before from @themarkymark. This streamlining will make it a lot more straightforward for developers to build their dapps and games on so a lot of foundation work and creases had to be ironed out from the Hard Fork that created HIVE in the first place back in March 2020.
For the average user like myself, not much really would have changed for us, other than any new powered up HIVE won't be able to be used for witness voting until after 30 days but it can be used for everything else (voting content, proposals etc - I asked @blocktrades and they confirmed.
I understand that the Hive-Engine is rolling back and playing catch up over the next couple of days so I suspect by the other side of the weekend, we'll be through it all and everything will be up to speed! Happy days!
So, how hot is your room after mining some KOIN or are you still having issues with it? (If so, go to the KOINOS Discord here). What would you like to see happen with the next Hard Fork? Any changes you think should be made? What about the HIVE rewards and SMTs debate? Let me know in the comments below!
Take care
Nicky