Block spacing appears to be steady in a range of 30-40 seconds, the increases in difficulty are keeping it in this range for now. However, if an optimized miner with a large improvement in prime generation speed was released (ahem luke-jr's BFGminer) then I would expect to see a block spacing of ~10 seconds and the difficulty would take days to catch up.
Too bad nobody is doing altcoin releases sensibly in this area. There should be a minimum difficulty set high enough that it doesn't go through a rush like this. Bitcoin didn't break difficulty 1 for months (if not longer). True, on the other hand if Sunny had released the default client with a difficulty of 8 then blocks would have been spaced >60 seconds and difficulty would have adjusted slowly downwards. Based on his benchmarking before release he must have been happy that 7 was the right place to start. There's also the fact that he'd need to take into consideration whether someone of questionable morals was going to release a miner that mines 10x or 100x what he expected. How can that be predicted, andeven if it could be predicted, how could the timing of it be predicted? It's just not practical. Out of the many releases, this was a good one. |
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Only a failing shitcoin needs a self moderated thread lol
Every single thread could do with moderating since 50% of the posters on this forum are/or act like children. |
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Around how many blocks per day can you get with 15 primespersec?
Could be 0, could be 5, honestly no way of giving you a straight answer. It's not an exact measurement. |
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Going by this rate, this would value Sunny Kings idea at $15,000. For two days of coins, it's pretty high, no? Of course I understand it's low for miners who actually would prefer to keep their coins at that price - especially since it required time to understand and set up. That seems really, really, really low. You've got a very low production rate of XPMs
It's not especially low. It's still at 19 coins per block, from a starting 20. Remember it's not the coins that matter, it's the idea and the network that has value. The idea of a potentially scientifically valuable output is new, and potentially valuable. |
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I haven't gotten any blocks in 4 hours. The diff hasn't changed, so I am assuming that people who have optimized their miners are getting the lion's share. I don't know much about miner optimization, but I am going to start poking at the code to see how these optimizations could be made because I suddenly have motivation! LukeJr, do you have any hints for people getting started on where to look or what to look for? Are you running Linux?
It's really, really random. Mining for 24 hours and have got 3 blocks. 2 were 30 mins apart, then a 14 hour gap until the 3rd one. |
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Still buying XPM at rate of 15 ltc per 100 xpm..
Going by this rate, this would value Sunny Kings idea at $15,000. That seems really, really, really low. You've got a very low production rate of XPMs, and a tight market with slow maturation. Created by an extremely well known and well respected dev here. I think you're dreaming. |
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Just delete your app data folder (save your wallet file), then download 4.1.3, and run that. You might want to run bitcoin-qt once before running bitbar-qt as well. |
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Not sure about the coinwarz profitability of bitbar vs. what i'm able to get on btb.ltcoin.net. It says my hash rate should get about 4.5 bars/day, but I only managed less than half of that which put my actual profitability closer to just plain litecoin. So either coinwarz is way off (maybe the difficulty # it's getting is wrong?) or the pool estimate is somehow extremely low.
Coinwarz is fucked. Ignore it. The pool is correct. Use coinchoose if you need a website. |
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So basically the bitbar network forked in at least 2 networks. Lovely.
I'm out of this mess. My miners spent days on a fork without any warning.
I've setup my system so that any github changes are detected and I'm warned. Apparently it isn't enough and the different client versions aren't even compatible between them.
If you can't trust the coin to maintain a single network it's worthless.
Uh, no, nothing has forked. Coinwarz has fucked up it's calculation. That's it. |
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I'm trying to find the latest stable source for this coin. The Gibhub source has a v0.6.3 tag. The http://bitbar.biz/downloads page says "latest is 0.4.1" The mirror on that page has a 0.4.3 zip download. What's the safest place to get the source? And what version is it? 0.4.3 is the latest thought it's semi-unreleased. You can still download and use it though. In terms of difficulty, just open up your miner and find out, or look here, the biggest bitbar pool: http://btb.ltcoin.net/main.phpDifficulty is currently 10.59. Coinwarz is very wrong. |
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Why is CoinWarz showing Top Profitability with BTB and CoinChoose not ? Who should I trust ? It matters me a lot 'coz I am 1 GPU miner  The difficulty on CoinWarz is wrong..(2.77 instead on 10.18) So the profit ratio is incorrect also ? Please confirm me this .. I don't know who I should trust more, CoinChoose or CoinWarz .... Coinwarz is very wrong and is causing some major problems. I can confirm. Have contacted the dev but there's no response. |
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Are payouts working? Bitbar payouts seem to be stuck?
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More profitable to mine than BTC. At least with non-asic equipment.
It has always been more profitable to mine than bitcoin, and for the past few weeks it has been more profitable to mine than litecoin. Combined that with an active dev, and it's going strong. It's not one of the coins that is just pumped out and the dev forgets about. |
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Having some problems at the moment, constant disconnects every 15 mins or so, lots of stales.
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That is wild. Well it has great profitability right now. If it stays on top for a few days it will get a lot more popular. IMHO.
Problem is translating the theoretical efficiency into real world efficiency. A lot of the time the calculators assume 100%, when in reality with pool fees and other issue you're only getting 90%, killing profitability. |
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Another update from the Dev: UPDATE 0.4.2
Posted Saturday, 2013-06-22
Everything worked OK with the 0.4.1 update, but it was just a first stage of a 2-step update that couldn't be done in single step to avoid risk of forking. Second phase was not planned so quickly, but there was another issue found buy no one else than the PoS Creator : Sunny King. thanks to his help and support, we was able to fix potential instability issue in the future. It was originally found and fixed by Sunny King in Novacoin, and was already implemented in BitBar, but He found we needed a different approach.
0.4.2 :
Sunny Kings's fix for P2Pool blocks modifier desynchronisation issue
Second stage reworking of alert system. Now updated.
There is a mandatory redownload of the blockchain http://bitbar.biz/blog |
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This is my first time mining BitBar. My God! How long does it take to get paid?
It's more than a day. Is it 2 or 3 days?
It can go up to 4-5 days. It's based on block confirmations and designed to keep the system stable. |
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This is garbage. Benefit to all pre/early miners. No real world application. This is soon to be forgotten, hopefully. Anyone can create a coin with a limited supply, it's the innovation, algorithmic distribution, and realistic use and adaptation that determines value. This has none of that whatsoever. Please disregard this coin, Thanks!!
Your trolling isn't helping. |
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