How fast would I mine with a fx8350? The more cores the better am i right? What would be the best cpu to mine?
Cheers
Best CPU to mine is something with 2MB of internal cache (L2 and L3) for each of the mining threads. Ideally, one of the newest CPUs. |
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Nevertheless it would be rather hard for Bytecoin stakeholders to use all 80% for "pump and dump" games. You know, they would be truly lucky if they had time to spend even 10% of emission to earn something on exchange rate changes before everything ends. But what will they do with the rest 70%? So much effort for the technology and coin itself, 2 years of mining and then just waste it all for a couple of thousands dollars, lol. Admit, those guys are not fools.
From that side 80% may be regarded as a kinda assurance for us. They probably will restrain exchange rate falling, because it's not good for them at first.
You probably don't agree, but CryptoCoins attracted many people because of their trustless nature. Knowing that an entity commands 80% of the eventual currency supply (and 98% of the current supply) defeats this trustless aspect doesn't it? 32% of all bitcoins are concentrated in 500 wallets ( proof). In fact 32% of BTC are owned by much less than 500 people. Situations are similar, but nobody cares and nobody cries: "OMG, it's so unfair! 32% of emission! they can affect BTC price!". I just want to say most likely there is nothing terrible and dangerous for us in 80% already mined coins. Risky? Just like everything else is risky. But... nothing ventured, nothing gained and it's true for every kind of currency. |
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Nevertheless it would be rather hard for Bytecoin stakeholders to use all 80% for "pump and dump" games. You know, they would be truly lucky if they had time to spend even 10% of emission to earn something on exchange rate changes before everything ends. But what will they do with the rest 70%? So much effort for the technology and coin itself, 2 years of mining and then just waste it all for a couple of thousands dollars, lol. Admit, those guys are not fools.
From that side 80% may be regarded as a kinda assurance for us. They probably will restrain exchange rate falling, because it's not good for them at first.
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why there seems to have one address per wallet, is there a command to gen new ones ?
Now it's really one address per wallet. So to generate new address you have to generate new wallet and there is no other way to do it  |
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Thank you so much. I updated twitter pics with your new once and now it looks super cool  |
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Good news.
About 1 hour ago, Poloniex member just spoke in Trollbox of Poloniex Exchange, and informed everybody that Poloniex is going to add BCN. They have got everything ready.
Earliest time will be tomorrow.
Really good news! Thanks. To all: follow us on twitter https://twitter.com/Bytecoin_BCN  |
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I can transtale to Ukrainian
Great! Will wait for translation. |
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My concern with Monero is that optimized miner was always closed-source until a week in production. It happened each time the optimization takes place.
There was no closed source release of anything from the Monero project. It has all been released on github, when practical with accompanying Windows, Mac and Linux binaries. We can't control what everyone else does, but we have certainly encouraged optimized miner developers to share them, in one case offering a bounty (though it turned out not to be necessary as we independently developed comparable optimizations). As far as I remember, it was me who was asking the questions and finally pushed NoodleDoodle to release the source of the first optimization "round". Where's my bounty then?  NoodleDoodle was not at the time a Monero developer. His first commit to github was the "optimized" (if you want to call it that) miner, which he developed on his own initiative as a individual miner. He was encouraged not only by you, but also by members of the Monero team to open source it, which he did. He has since contributed further optimizations. As it turns out all these optimizations were really (very likely) un-de-optimizations. If you wanted them released earlier you should get after the bytecoin devs about it. They supposedly had two years to do it. Please, go to discuss Monero to the Monero thread. Thanks in advance. |
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alright guys I got an opensource BCN POOL up http://bcn.extremepool.orgyou can use simpleminer or cpuminer (minerd) I would recommend getting the newly optimized cpuminer AWESOME! bye bye Minergate! there are some miner fixes I have to do, the block reward is not reporting right yet, at least I don't think. but everything else should be good. PM me your BCN address we will reward you with 6M BCN for the pool development |
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Probably because BTE is an unapologetic 1:1 clone of bitcoin, while this bytecoin is brand new and innovative with a completely different algorithm. Plus bytecoin sounds great as a successor to bitcoin. I causes confusion for both coins. If they can't do the basic check to see if the name is in use, that may make some people cautious of how much care they use in other areas. Or probably because they called the coin Bytecoin before BTE appeared. lol. BTE came out April 1, 2013. No lol. BCN was launched July 4, 2012 According to a web site that didn't appear until more than a year later, and no other source. Timestamp at first block proves it. |
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Probably because BTE is an unapologetic 1:1 clone of bitcoin, while this bytecoin is brand new and innovative with a completely different algorithm. Plus bytecoin sounds great as a successor to bitcoin. I causes confusion for both coins. If they can't do the basic check to see if the name is in use, that may make some people cautious of how much care they use in other areas. Or probably because they called the coin Bytecoin before BTE appeared. lol. BTE came out April 1, 2013. No lol. BCN was launched July 4, 2012 |
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Probably because BTE is an unapologetic 1:1 clone of bitcoin, while this bytecoin is brand new and innovative with a completely different algorithm. Plus bytecoin sounds great as a successor to bitcoin. I causes confusion for both coins. If they can't do the basic check to see if the name is in use, that may make some people cautious of how much care they use in other areas. Or probably because they called the coin Bytecoin before BTE appeared. |
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Hey guys! What do you think about new logo for Bytecoin? I like this one  I really like the idea but design is poor. We should take the idea and ask a talented designer do something with it! Why is this a bad design? I would change font and maybe think about some colors. In general it's great! It's really good, but you know it was fair voting for bast logo and community made its choice. I see you are very active designer. Do you want to help me with new BCN Community web site design? PM me, pls |
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Is mining useless for me at this point? how many coins per day can I make with a Q6600 and a laptop with an i5?
Seems you have better to mine in pool (minergate.com) No way im opening closed source programs. Call me when they make it public. As far as I know they have an instruction how to compile everything yourself so you can use it Good news everyone! Simpleminer compiling process for Windows is ready: Windows 7 x64 + MSVC2012 instructions: • Download and install Microsoft Visual Studio Express 2012 for Windows Desktop:
http://www.microsoft.com/en-us/download/details.aspx?id=34673 • Download and install boost binaries boost_1_55_0-msvc-11.0-64.exe from http://sourceforge.net/projects/boost/files/boost-binaries/1.55.0-build2
into c:\sdk\boost_1_55_0 • Download and install CMake 2.8.6 or later:
http://www.cmake.org/cmake/resources/software.html
Choose “Add cmake to path for all users” when asked. • Download bytecoin zipped sources from https://github.com/amjuarez/bytecoin and extract them to
C:\bytecoin-master • Open command prompt and execute the following:
cd C:\bytecoin-master
mkdir build
cd build
cmake -DBOOST_ROOT=C:\sdk\boost_1_55_0 -DBOOST_LIBRARYDIR=C:\sdk\boost_1_55_0\lib64-msvc-11.0 -G "Visual Studio 11 Win64" ".." • Make sure you have no error and Project.sln has been created in C:\bytecoin-master\build • Open Project.sln with Visual Studio Express 2012 (double-click it). • Choose ‘Release’ and ‘x64’ in solution configuration drop-boxes. • Select ‘Build’ -> ‘Build solution’. • Upon build succeeded all executables will be in C:\bytecoin-master\build\src\Release About the connectivity issues: we're currently researching what could cause the problem, we will notify you as soon as we find something out. |
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I also want to thank you for supporting giveaway! 250,000 BCN received today.
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Is mining useless for me at this point? how many coins per day can I make with a Q6600 and a laptop with an i5?
Seems you have better to mine in pool (minergate.com) |
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Congrats, spokesperson Any plans then apart from posting the screenshots? I'd like to see the devs in this thread. Can you ask them to speak out here finally? I want to make special BCN community web site at first. So if there are people who want to help me let's cooperate! |
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Tens of thousands of people in original community. LOL  Difficulty is 16mil now. It's for about 133 KHashes/sec. Average cpu gives 5-10 H/sec. So, about 13-26 thousands of machines. Am I wrong? Average CPU is actually about 20 H/s. It was 10 H/s before the recent optimization in slow_hash.c. That puts it at ~6000 CPUs (which corresponds to probably less than 2000 miners) Difficulty was ~50-100k from July 2012 - January 2014, so 80% of the coins are not distributed among a "5-digit number" user base. More like 100 (simple math of diff to hashrate to number of PCs). 50k difficulty = 416 hash rate = 20 PCs at 20 H/s or 40 PCs at 20 H/s. Not even 100. What if not using optimization for mining BCN was planned to prevent unfair distribution? Like "using optimized miner is a sign of having no manners". You know it was sorta easy for you to make optimization, so I don't think they had problems with it too. Meanwhile they didn't have it at GitHub from beginning |
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