Bytecoin Mining

[bitstomake]

I've noticed a lot of people are putting a lot of power into mining Bytecoin.  From my understanding, this has little to no use?  Is Bytecoin coin accepted anywhere or does it have any use?

Just speculating, curious to see what everyone's opinion is as to why so much power is being put into it.  Maybe they know something we don't?

Compared to the other untraceables (apart from XMR obviously) the hash rate is x 20 higher.

[bitstomake]

bump.

[glerant]

Market Cap is doubled recently - probably accounts for the hash increase.

Also they have a daemon specially geared towards RPC transactions (In fact it's called the RPC wallet) and are targeting online/POS transactions with this.

https://bytecoin.org/news/bytecoin-2.0.0-major-update-beta/

It's easy to get a few thousand using a modest CPU on Minergate. Minergate makes it too  easy to mine a few coins on a system that is either redundant or just used for low intensive stuff like bind or squid.

https://minergate.com/pool-stats/bcn

[bitstomake]

Awesome, thanks for info.