-
Notifications
You must be signed in to change notification settings - Fork 2
Mining FAQ
For general information about Marconi mining please refer to the Mining Overview
See https://github.com/MarconiProtocol/wiki/wiki/Mining-Overview#block-rewards.
Marconi Pool charges zero fees and uses proportional payouts. When block is found, the reward is distributed among all workers proportionally to how many shares were submitted.
Marconi uses CryptoNight variant 4, sometimes also referred to as CryptoNightR.
Because Marconi uses the CryptoNight hash function, any hardware which does well with other CryptoNight-based currencies (such as Monero) will also do well with Marconi.
Yes.
Proof of stake isn’t nearly as mature as proof of work, both in terms of design and in terms of testing in the wild. We chose to use proof of work for its simplicity. It’s a no-nonsense, tried-and-true consensus mechanism.
Go-ethereum is a high quality open source implementation of the Ethereum protocol, and its popularity means that it’s been thoroughly battle tested in the wild. High quality implementations have more readable and more modular code, which makes it much easier for developers to understand, debug, and extend the system. The language choice (Golang) lends itself to performant, maintainable, cross-platform deployments, and Ethereum’s uncle concept allows shorter block times than for example Bitcoin or Monero. Therefore reusing the go-ethereum implementation provides many advantages. One significant piece we’ve changed is the proof-of-work hash function. Instead of Ethash, we use CryptoNight variant 4. This improves ASIC resistance and puts CPU mining on more equal footing with GPU mining.
Yes, the rationale is explained in greater detail in a previous blog post.
Host your own Mining Pool.
-
Check Progress
Visit https://pool1.marconi.org and search for your account address
-
Check Payouts
Payouts occur multiple times every day. Visit https://pool1.marconi.org or https://explorer.marconi.org and search for your account address to view payouts.
No.
The tokens must be held until they are listed on an exchange. An exchange listing is planned for after the mainnet launch, but no date has been finalized yet.
The CryptoNight hash function is designed to be ASIC resistant.
The Marconi Protocol uses its own blockchain and has not been integrated with any 3rd party wallets at this time. Any marcos stored in an unsupported 3rd party wallet may be lost forever.
It's been released! Check out the Mining Overview page for details
Right now all network and account access is through the the Marconi CLI. Stay tuned for future updates.
Depending on your firewall settings you may need to open the ports which are used by the Marconi Miner:
3333
5555
7777
9999
Even if your firewall does not explicitly block these ports, security tools such as SNORT may subsequently block these ports once it notices new mining activity.
If your high hash power mining hardware is being directed at a low difficulty pool then eventually the share submissions will be rejected because you are submitting too quickly. Update your config files to mine on a higher difficulty pool to avoid this.
To submit feedback or report technical issues, please email support@marconi.org