HODLcoin Update: We've found a block; actually two! Video Lecture | CPU Mining: Basics to Expert - Cryptocurrency

hello guys is Lee here welcome to
another video so I've got a couple of
things to share with you first and
foremost is that my little channel has
recently gone over 100 subscribers so
that's something I'm quite pleased do I
know it's um you know everything to be
small milestone but it just shows that
there's people that are actually an
interest in the videos that are making
and the content and the type of videos
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have anything that you like to see in
these videos or any questions comments
um I'm just put those in the comments
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obviously as time continues if you know
if the channel grows and that'll be
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community of you guys and so we'll be
able to respond almost under one one to
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if you do have any you know questions or
anything like that and then let me know
and I'll be sure to get back to you um
okay so that's that that said and done
what I wanted to really update you guys
on is that I've had some results with
Hodel Quan so last week it was last
Wednesday it's now Tuesday so almost a
week has gone past but we've now struck
some blocks so that was what the the
update that I wanted to give you so last
night
or should I say I'll go back to the
beginning laughs twin-sized thought I'd
mine on the Mac and monistic running for
a couple of days and we just really
didn't get anywhere so I just left it
running in the background I uploaded my
previous video and I just kind of left
it as that um yesterday evening I want
to pop back home I notice that we found
a block which is this one here it come
through at just got 7 o'clock and we got
50 huddle for that so that was quite
silly now I originally planned on making
this video and then sharing it with you
however when I come in and checked it
literally just them a couple of hours
ago I noticed that we also found a
secondary book and just a couple of
hours after the first one so are you
sure you the details of these
rocks that we found so if I go to show
transactions details
so yeah this first one come through
yesterday like say just after seven
o'clock and it also says this credit
amount was fifty point zero six two M
however what I've noticed is that you
get the fifty odd all a ribald
immediately but then you start earning
interest on it really quickly so it
shows like its net amount and it also
shows you this secondary kind of part
but the original transaction didn't
actually have that it was just a dead
fifty but it also shows you know that
how much interest you - well so that's
the first one that we found there and
then this one I think come through early
hours of this morning let's just have a
look at that one
so yeah on the 29th yeah just before
four o'clock in the morning I mister
details form you can see there's some
interest on that as well so if we just
go back to the main Auden Qin
what about stepping out make it a little
bit easier for you guys so you can see
we've got a hundred point three six so
originally just for the actual block
reward we should just have a hundred
model but basis or interest on stage so
literally in that mass or twenty four
hours or so we've a little bit of
interest on it immediately but Chisholm
which is great that's the whole point of
whole Corman it's all about holding them
earned in interest and stuff so we've
been mining about I've actually just
stopped it for this just so I can you
know make this recording without getting
any jitter in or anything like that
so I've just passi a mine in temporarily
and but I was just mining and so dough
and the Mac has been mine in about fifty
hashes a second so if you've got around
that same sort of performance you can
kind of expect to find blocks in around
about four or five days based on my
experience obviously it does depend on
the network difficulty and fingers like
that
so one of the other things I just wanted
to sort of our mentions well if you if
you're trying to mine on a Windows
machine and has been a dedicated CPU
miner that's being released and there's
also a pool that has been himself as
well so if
having problems uber hash rate and
Overmind solo or you don't quite have
the hash rate to mind so no and then you
can do pull mine in and then you'll get
more of a smaller but more regular
reward so you can just find that Fredrik
when talk or if I've got the time opera
in the description one of the other
things that I really wanted to show you
was this this idea of like depositing in
your in your huddle coin won it so I've
not tried it so I'm just gonna kind of
go for it now with you guys and we will
see exactly what it is
they'll just grow a civil war here
because I don't often talk this much um
okay so we'll click on the deposit and
then we've got a sense of deposit
address so I mean do we does it create
like a new address or do we need to
create one what these are options okay
so the previously used dress I'm not too
sure on this deposit dress business I
wonder if I if I just used my if I use
my receive and addresses then we should
have a let's just go with this so this
is an interest that we could have access
to it might be in the actual
documentation somewhere but I'm not too
sure so we'll go with this deposit
address and that will be actually my own
address so we'll try and do is we'll try
and put 10 model in there and the period
will be for used in one month
I won't subtract the theme I'll just let
that come out of my balance and let's
see what happens there so I guess we
press the huddle button and then this
presumably will lock this fund away for
one month actually just gonna change it
to one and I'm not
orbit about the risk of it but just in
case it kind of goes and it's never to
be seen again so we'll just we'll just
try it so let's just try one for one
month and see what happens
this was sentimental one to be locked
for X not blocks about 30 days from mmm
it's a maturation it will be worth one
point two six yes yes okay so I can see
that that balance has gone down to 99
now now if I just have a look at the
overview just wondering if you what
happens if you don't send well do you
sure that deposit address exists maybe
Oh actually I know why it does exist
because you kind of issuing it the the
actual transaction to the BOK train and
then it's of them then blockchain is
gonna choose when it sends it back to
you I think that's how it works okay so
then we can see down here we've got this
it's almost like a little mini bank
statement part at the bottom you see
these other parts here so they're
average transaction details so yeah in
fact days time that should come back to
us I'm going to try it again
with the deposit part I'm just wondering
if you leave the deposit address blank
no just try another one and this time
we'll just do it for say three months
I'm just really experimenting with the
actual interface and just to kind of see
what what happens so if I try I mean
hold it now let's see what happens okay
it won't miss because we don't have
their address so I'll just use the same
address again we'll try it for three
months wonder what the interest is on
three months let's do that yes
okay I'll try some more now just kind of
list around for 12 months and you see
what that fixings oh that's not bad if
we lock one away for a for a year
it'll be worth 432 with me when it comes
back to us that's pretty bad
that's pretty nice earnings let's look
that way I'm thinking what I might do is
I'll continue mining but I'm tempted to
just buy a bunch of these huddle on on
an exchange and lock them away for a
year because I don't need the money but
you know potentially it's it could be
quite a nice little investment in terms
of earnings I did check yesterday about
the actual because it's already been
listed on the oil market cap let's go
look at auto I think it's about four
four cents yesterday so let's just have
a look yeah just on it says he is
actually up but it's down one when I
looked at it so yeah point three five
percent each so yeah I wonder have how
they make might be in the future
I guess only time will tell no one ever
really knows for sure do they can only
yes speculate on these things so yeah
that's that's it this video yeah if
you've got any questions or comments or
anything more you like to see or
anything you'd rather know more details
about or if you want to mean to focus on
any specific aspects of them mining or
crypto or if you have problems with your
drivers or setup or batch files and any
of that sort of stuff let me know and
I'll try and help you guys out at
Wrestle camp and to the next video guys
fans watching see