Bitcoin Forum

New Cryptonight coin BIPCOIN(BIP)!

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BipCoin is NOT a Bitcoin clone. The CryptoNote base of BipCoin solves the main problems of Bitcoin. So BipCoin has

• Untraceable transactions
• Can be mined on ordinary computers
• Adaptive limits.

BipCoin is covered by the BipCot No-Government license, which allows use and reuse by anyone except governments and government agents. There are no government guns for violators, only shame.

Plus it has the coolest AltCoin name ever.

Also, CATS!
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At the moment, due to low difficulty , this coin seems to be one of the most profitable crypto coins to mine. more profitable than Bytecoin(BCN) or Monero(XMR)

What is your opinion about it?

Official Website: https://bipcoin.org/ (https://bipcoin.org/)
Mining Pool: http://bip.crypto-coins.club (http://bip.crypto-coins.club)

What I think of it?  Funny, poor name and poor logo.. basically a monero clone...

No thanks.. I will stick to mining monero with my cpu :)

Can you mine with GPU?

Website looks like it's from 1990's

Website looks decent, but it needs more pictures of cats :)

Eh...

Moblie wallet would be next big thing for this project, i count for that.

Should have been Cat coin , or Pussy coin .

When I first heard about this coin was on you me and btc podcast, I thought they were talking about biTcoin not biPcoin.. ahahha..
it was confusing they needed to spell it to make people understand what they are talking about..

New coin you say, but 80k blocks mined....
Btw that two pools, are they solo or have some payment system, or they just no pay at all? there is no info on them...

Based on number of already mined coins, looks like developers premied large amount of coins and now want to increase the price and dump their worthless coins. Looks like scam coin to me.

is the coin on any exchange?

Not new coin, started Aug 20, explained why moved thread in third line of announce thread here:
https://bitcointalk.org/index.php?topic=1720595.0

Nothing dishonest about starting new thread. Old thread was getting lots of spam and trolls, was taking over conversation. Old thread is linked form new thread. Also have new direction, adding distributed DNS, like Namecoin but actually able to be adopted. So new thread made sense. Whitepaper on that is here: https://bipcoin.org/ASSETS/WP/Dot-Bip_whitepaper.pdf

Also freely admit tiny tiny premine, also explained in that announce post. was 0.1 percent. That’s about 3/2500th of total supply. Probably the smallest premine ever of any coin that actually did a premine.

Payment of pools explained here:
http://bip.cryptonotepool.com/#payments
(min payment 5 bips). Front page explains 0% fee for next month, and link to info on why.

Democats is 1.5% fee I foreget exact payout min, but is reasonable and frequent.  I'll tell both guys to maybe post it more up front. Also, Democats is known and respected. Even built in as pool in in-wallet mining in ByteCoin.

meowcoin or catcoin would be better
also
PS Mиниcтepcтвo внyтpeнниx дeл

nope. See post 2 posts above.

Cryptopia.

yes.

Still i do not know how payments are calculated

there is zero fee. says on the front page for BipCoin, right side here under "our pool"
http://bip.cryptonotepool.com/

Fee is same place on most pools that use that software. And most Cryptonote coins use that software, or another variation of that software that has the pool fee % always listed in the same place. 

 I told the dev to explain more. But if I recall correctly it's paid after minimum of 5 BipCoin and every minimum of a half hour when that threshold is met. It's not my pool, the guy who runs it will see my email to him soon probably.

Payments for next month on that pool are 100% to miner.

  turned out to be easy too ya how it works, our site has been calculated, if we are mining per day may be how the BIP, the next time will definitely give it a try, because now the device has not been good, tanks

I was mean - i not know how payments are calculated for each miner - is that  solo, PPS, PPLNS, RBPPS, CPPSRB , DGM, score, random or 100% keep by pool ..

most, if not all, pools are PPS

http://beszeljukmeg.com/BTC/catlike.jpg ;D

First of all my sincere apologies for referring to BipCoin as being "new". it meant it in a more relative way.

Nevertheless, at the moment rewards still are higher than when mining XMR or BCN. But than obviously the price must not drop. Therefor I was curious if anyone had any insight in whether or not this coin is legit.
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http://bip.crypto-coins.club (http://bip.crypto-coins.club)

Article about BipCoin in today's CoinTelegraph:
https://cointelegraph.com/news/bipcoin-to-provide-censorship-proof-dns-succeed-where-namecoin-failed

With the current market value on cryptopia BipCoin is now more than 5 times as profitable to mine than any other Cryptonight coin. BipCoin to the moon! (Without any government subsidies of course).

POOL: http://bip.crypto-coins.club/ (http://bip.crypto-coins.club/)