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Don’t mine this token or coin. It worths nothing. It has no security by itself. Mined 4 blocks and two confirmed payment, but all payments have gone to zero even in a not open-sourced condition after two hours. Without security for itself's codes, how could be used to secure others?
No value. Do not mine it and waste time, hashrate, and power.
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Hehe, the price is still $0.15 !!!! In the beginning, I mined some coins for this and then moved away to another coin which has seen the price of the latter from $0.15 to 20 times increase, But looking back here, this coin is still $0.15. I think that the main reason was due to ASIC machines.
which coin did you move to, instead of bittube? Hehe, Check it out: 0xBTC. 100 can be mined per day per gtx 1080 with price at $0.07 in the early dates. Now, only 1 can be mined per day per gtx 1080 with current price close to $2.00. The highest price increased to $4.50. But I more like a stable growth. |
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Hehe, the price is still $0.15 !!!! In the beginning, I mined some coins for this and then moved away to another coin which has seen the price of the latter from $0.15 to 20 times increase, But looking back here, this coin is still $0.15. I think that the main reason was due to ASIC machines.
The stupidity I read on these forum is mind bogling. There are no ASICS for the algo. Do I need to say more. The reasons for the price are different. This coin has been mined by ASIC for quite a long time before its hard fork. These cheap ASIC coins, initially insta-mined cheap coins, plus a large amount of supplies in total make it very difficult to increase its price. |
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Hehe, the price is still $0.15 !!!! In the beginning, I mined some coins for this and then moved away to another coin which has seen the price of the latter from $0.15 to 20 times increase, But looking back here, this coin is still $0.15. I think that the main reason was due to ASIC machines.
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Glad to see that Dev has been working on this project since it changed into tokens on ETH. But it would be good to have more detailed information such as how to distribute the tokens (e.g. by ICO or anything else), new wallet (or just binding to ETH wallet), account information in your bank, exchanges plan (or just using ETH DEX), etc for most people who do not join the telegram or other types of similar communities.
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Mark it up. It shows 127 MH/s network hashrate before the fork.
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Yes, I think the team is great and knows how to do its job, the app works great
yeas!!! we are saying that for months!! great team.... great potentiality great project. great performance.. we need just to be patient to see the product grow! time will tell! Too good to be true. There are many promising projects for horses, but ending up to deliver ducks. Before seeing the real thing, it is better to be careful for any ICO projects like this. It is never late to buy good coins from exchanges and market will tell the truth. |
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Hmm Interesting, it seems I forked I was at almost 19k blocks on my end and i restarted and went to 17000 lmk if you need a log.
Security looks very vulnerable by itself because can be easily forked even by a tiny hash power. |
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Dev. Is there any progress in the development of new algo as described in the project? Some members who are interested in this project pointed out that there are now ASIC machines for Dash coins. Therefore, it becomes necessary in some stage to apply the new algorithm on VIRTUS against possible ASIC machines.
DASH and Virtus use different algorithms (X11 and Tribus). So Virtus completely ASIC resistance. Ok. Thanks. I think that the confusion was came from the beginning. It said: "Virtus was built from DASH”. So different algorithms were used. |
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Hopefully, everything goes smoothly with the fork on next Monday. If you have a good core of the computer, it seems the hastrate increases, but for only GPU miners, it may find some decrease.
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VRT有没有像RVN一样，采用了最新的算法？
目前达世币已经有矿机了，如果算法一样，就不可能有抵抗矿机一说。
他们的项目说明书里专门提到有个主要的目标是开发新的算法。 如果这点能做到的话， 开发专门的矿机对一种币就成本太高， 不合算。我可以帮问问开发得怎么样. 开发者说它们用了不同的算法， 所以目前是抵抗矿机的。 |
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Dev. Is there any progress in the development of new algo as described in the project? Some members who are interested in this project pointed out that there are now ASIC machines for Dash coins. Therefore, it becomes necessary in some stage to apply the new algorithm on VIRTUS against possible ASIC machines.
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Dear our users, you can carry out transactions of any coins, between accounts without commission and instantly. Each account has its own account number for which you can send any coins, as well as very soon and real money such as the dollar and euro. https://account.fcryptobank.comAfter contacting with Dev., they are working on transactions of mined coins into smart contract tokens on the ETH network, see the link:https://etherscan.io/token/0x59dfd53a5279df812ea29d78c5c3160a82a22351 . A wallet can be easily created through adding MetaMask on your browse ( https://metamask.io). It is very secure and convenient. Hopefully, this is helpful for those who may need this information. Looking forward to seeing its progress of this project in the next stage. With good luck of this project. |
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I see many people interested in mining XTL, it looks like a good project.
If any one tryed mining XTL, can you please share your experience and tell us what is the required configuration and what are the best equipements.
Also I noticed that many are facing a problem, they get "job reject reason low difficulty share", any help will be appreciated.
They just forked against ASIC. You have to use the latest open-source miner from the Dev from their site. The best is to visit their discord to know more about it. |
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This project is dead? What a waste on time and energy?
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Major threat is from ASIC machine with 20KH/s hashrate at 60 W electric power. There is no way to compete with it for general miners. Changing the algorithm is necessary in a stage to survive.
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I mentioned a point sometime ago. But the Dev did not understand the point. This is a very good project and Devs are good and work hard. The issue is that you has to respect the market. Numerous coins were extracted out every day into the market at the early stage of the project, however, unfortunately the growth of the community far cannot catch up the speed of extraction of coins because of the emission curve set in the program. It is not realistic to have so many coins extracted in the initial one and/or two years. In order to attract people into this project for the growth of the community, you have to show people what benefits are to hold these coins, not just how good in the future. No one can eat a cake that is just drew on a paper.
We fluctuate between 3, 4, 5, 6 satoshi, it's good percent, the market is really fine  In percent, it's the same as a Dero who fluctuate between 3000, 4000, 5000, 6000 satoshi or an IntenseCoin who fluctuate between 50, 60, 70, 80 percents, it's the same percent or approximatively the same percent. It's the market, nothing wrong actually. The XTL market is ok. The issue i think, is that you want to see the price growing faster. So you are trying to convince devs that something should be changed in the numbers of coins, like that the value will up then you'll sell your coins. I agree you have a point. But still, I personally would like to see the emission to reduce probably by half, cuz with current exchanges and limited reach, there may not be enough customers to consume 25+ million mined every day, hence piling up the coins and single digit price. I believe the coin has much bigger potential than it currently is. You got my point. If it is 25 million /per day, this will be 365X25x1000,000= 9,125,000,000 in one year. This number is almost half of the whole supplies of 20,000,000,000. Even if this number of coins are extracted out in two years, they are still too many coins. How could it be expected that the market or the community's growth can catch up this rate? Also, there are many other projects in this market as well. As for the fluctuation between 3, 4, 5, 6 satoshi, it looks ok right now, however, someone may enjoy just this moment. Thanking about further, what would it happen if more and more coins are extracted out and cannot be absorbed by the market? The price could drop to 1 sat (in the very bad situation of the whole cryptomarket). Is there any way dropping to 0.8 or 0.5 sat? . If it can, then it would be ok. So the good fluctuation point would be around some numbers of between 12, 13, 14, 16, not close to 1 sat. |
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There are too many cheap coins extracted by ASIC machines at this moment. It is hard to see the increase of the price in a short term. Any increase in the price will be balanced by the dump from ASIC miners because of huge benefits for them. Let’s see what happens after the codes are modified.
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