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I want to solo-mine Aeon, so I downloaded AEON-0.9.12.0-WIN64.ZIP from https://github.com/aeonix/aeon/releases, registered my wallet using the simplewallet, and synced the blockchain in the Aeon daemon.

Then I started mining in simplewallet using start_mining but I'm waiting for two days and if I check my balance it's still 0. I'm using 99% of CPU and 6GB of RAM... How do I know I'm mining? What is the problem?

Details:

If I run show_hr, it shows me this: "hashrate: 312.6667"

When I start aeond, it shows me this:

Starting... aeon v0.9.12.0() Module folder: C:\Users\memox\AEON\aeond.exe Initializing p2p server... Binding on 0.0.0.0:11180 Net service binded on 0.0.0.0:11180 Attempting to add IGD port mapping. No IGD was found. P2p server initialized OK Initializing cryptonote protocol... Cryptonote protocol initialized OK Initializing core rpc server... Binding on 127.0.0.1:11181 Core rpc server initialized OK on port: 11181 Initializing core... Loading blockchain...

user36303
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Guillermo Leon
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  • In the window in which you're running the daemon (aeond), what happens when you enter the command show_hr ? It should tell you your current hash-rate. –  May 02 '17 at 20:23
  • yes, if i put show_hr show me this: hashrate: 312.6667 – Guillermo Leon May 02 '17 at 20:28
  • when i start the aeond show me this:Starting... aeon v0.9.12.0() Module folder: C:\Users\memox\AEON\aeond.exe Initializing p2p server... Binding on 0.0.0.0:11180 Net service binded on 0.0.0.0:11180 Attempting to add IGD port mapping. No IGD was found. P2p server initialized OK Initializing cryptonote protocol... Cryptonote protocol initialized OK Initializing core rpc server... Binding on 127.0.0.1:11181 Core rpc server initialized OK on port: 11181 Initializing core... Loading blockchain... – Guillermo Leon May 02 '17 at 20:31
  • A while ago, I asked a question about how to calculate mining rates. Two helpful people told me that the formula that I quoted was nearly correct (e.g. it doesn't allow for network latency). So what happens if we plug your hash rate into that formula? The network hash rate is 911908 right now, so you have a 99% chance of finding at least one block if your mine for 37 days. Or, using the same formula, you have to mine for 5 days and 15 hours to get a 50% chance. –  May 02 '17 at 20:50
  • …but the network hash rate may change! –  May 02 '17 at 20:56
  • that is for find a new block?!? aeond only works for mine new blocks?!? I thought it was mining similar to minergate I'm wrong? – Guillermo Leon May 02 '17 at 21:03
  • You're solo mining, so you're looking for blocks. Your reward when you find a block is currently about 17 AEON. With your hash rate, there's a 99% chance that you will acquire at least 17 AEON if you mine for about 37 days (actually, slightly longer than that for reasons explained in previous answers). –  May 02 '17 at 21:09

1 Answers1

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From the output you gave, you seem to be mining just fine.

Your wallet balance will increase when you find a block. Blocks are found randomly, but a probability which depends on the network hash rate and your own. Roughly, you can expect to find 100 * 312 / 3000000 = 0.01% [1] of Aeon blocks. As there are 360 Aeon blocks in a day, you will find a block every 26 days on average. Note the on average, as variance can be large for small hash rate compared to the network hash rate.

Once you found a block (the daemon will point it out), you will have to refresh your wallet so it sees the incoming aeon.

[1] 312 H/s is your hash rate, and 3000000 H/s is the current network hash rate. At the time of your post, the network hash rate was closer to 1000000 H/s (see http://chainradar.com/aeon/chart), which would make the answer closer to a block every 9 days on average.

user36303
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