Bitcoin Forum

Bitcoin => Mining => Topic started by: vmuser on May 02, 2017, 06:25:41 PM



Title: BTCU Bitcoin Unlimited Mining
Post by: vmuser on May 02, 2017, 06:25:41 PM
Hi there!
I'm wondering about mining BTCU Bitcoin Unlimited, how i get started with an ASIC?
How much hash power i need?
Which pool and software can i use?

I'm a bit confused  ??? ??? ???

Thanks in advice!


Title: Re: BTCU Bitcoin Unlimited Mining
Post by: QuintLeo on May 02, 2017, 11:54:27 PM
There actually is no "Bitcoin Unlimited" coin as such - Bitcoin Unlimited is a proposal to fix the "scaling issue" with Bitcoin itself and a software suite to impliment that proposal that currently works to current Bitcoin standards.

 I'd suggest doing more research on the whole Bitcoin Unlimited concept.


Title: Re: BTCU Bitcoin Unlimited Mining
Post by: Amph on May 03, 2017, 06:50:24 AM
you don't mine it, you just the support for it like antpool did, if you want to support it you need a considerable hash

if you are supporting it with few antminer, better to not bother, the outcome won't change much


Title: Re: BTCU Bitcoin Unlimited Mining
Post by: Zeek_W on May 03, 2017, 10:23:37 AM
Hi there!
I'm wondering about mining BTCU Bitcoin Unlimited, how i get started with an ASIC?
How much hash power i need?
Which pool and software can i use?

I'm a bit confused  ??? ??? ???

Thanks in advice!

Have a read of the following link, it will give you a better understanding of what it is and what it is not.

https://en.wikipedia.org/wiki/Bitcoin_Unlimited

To quote:

Bitcoin Unlimited (BU) is a full node software client for the bitcoin network. Compared to the Bitcoin Core client hard-coding the block size limit to 1 megabyte, from which it is forked, Bitcoin Unlimited does not hard-code the limit, allowing the users to signal which block size limit they prefer, find the limit having a majority consensus and set their block size limit to that value.[1]

The release of Bitcoin Unlimited follows the release of Bitcoin XT and Bitcoin Classic, alternative proposals which aimed to increase bitcoin's transaction capacity of around 2.5-3 transactions per second by increasing the hard-coded block size limit.



Title: Re: BTCU Bitcoin Unlimited Mining
Post by: bitkilo on May 03, 2017, 10:27:30 AM
Hi there!
I'm wondering about mining BTCU Bitcoin Unlimited, how i get started with an ASIC?
How much hash power i need?
Which pool and software can i use?

I'm a bit confused  ??? ??? ???

Thanks in advice!
Something tells me that you have just read an old article about bitcoin unlimited and the asicboost situation, that won't be happening anymore.