JSE Mining After Five Weeks : Update
Update on JSE mining after 5 weeks using a raspberry pi 3. Things have run smoothly with no problems.
Looking at the Electricity cost which are minimal 10p a week which is about 12 cents US. I have now mined enough coins to pay for the full years running cost at the current price of 0.002529p per coin.
These are the figures after 5 weeks..
Cost 50 pence
Mined 1800 coins
Value £6.43
What i have noticed is that the more miners come online the less coins you mine. When i started there was around 3500 miners online and now there is 4500. But its still definitely worth it for a good ROI
JSE now have a shop where you can buy goodies like Hoodies, T Shirts and Caps plus other stuff for payment in JSE coins.
https://steemit.com/thebrandmoneycantbuy/@jsecoin/the-brand-money-can-t-buy
The shirts and hoodies look super nice
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by dune from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.
What is this JSE mining? Any dapp or project on steem Blockchain or in a different Blockchain?
Posted using Partiko Android
Its a different blockchain
This coin is mined through standard browser or through web pages
heres the platform site
https://platform.jsecoin.com
heres the white paper
https://jsecoin.com/whitepaper.pdf
When the term "mining" comes to our mind, we think about having a high configuration desktop and consumption of huge amount of data. What about jsecoin? Does it utilise too much of CPU power and Internet data?
Posted using Partiko Android
I think its java script based hence JS E and it runs in the back ground. From what i understand they run a lottery every 30 seconds and you get an entry by finding a hash and only 1 entry per 30 second lottery so not to hard