C-Bit Coin Clone of Bitcoin. WTH?. Block Size and # of Coins increased 210 Mil.

[Searing]

 Saw this plug on here. Bound to happen. A 'plug' for a new ALT-COIN (see link below) called C-BIT.

 A direct clone of Bitcoin. EXCEPT the blocksize being raised to 2mb and THE NUMBER OF COINS INCREASED FROM 21 MILLION TO 210 MILLION (Really? Sheesh!)

Anyway the PR plug below/link. I suppose with all the Bitcoin Hate/FUD/its demise etc we likely will see more of such.

http://www.newsbtc.com/2016/03/17/c-bit-offers-bitcoin-classic-block-size-solution/


Should probably fire up the old KNC Jupiter 550gh again. Have not looked but if it is an EXACT clone the difficulty it starts out at is Epic! (Again have not looked yet)

Silly Humans........another "look it is sooooo shiny moment)


more amusing stuff

http://btc-bit.com/about/specs/


https://coinmarketcap.com/currencies/c-bit/



I especially like the Forum link below. ONE whole user.

Take the poll too if you wish. What a hoot of a farce

(Again......this thread imho is for the mainly for the exploration of this 'Silly Notion" of an alt coin. I sure am NOT promoting it as anything more then the

entertainment factor of looking it over...just to be clear)


I suppose you also could get excitement by running your old sha-256 Miner with this as a 'space heater' .....but can't see any other point at this time

Anyway for your amusement. (Keep all hands inside windows for the carnival ride. Thank You.)





 

[mkc]

C bit already trading in c-cex and crypto? What the heck? This is fast.

[Searing]

C bit already trading in c-cex and crypto? What the heck? This is fast.

So this thing is mining at current bitcoin difficulty right?

It has to be a very 'lame' attempt to get people to 'cloud hash' this coin by clueless newbies.

Making an alt-coin to use the blockchain increase to 2mb to 'hook' 'newbies' into cloud hashing is my view on what this is really pushing.

Anyway watch the Circus I guess. ( I mean really you are gonna make BTC 'centralized' and 10x the coins out in the world?)

again still unsure if you are mining this at the current btc difficulty and or at the 'start point' of the clone that difficulty was at when if forked.

If that high difficulty is the start point it would be perfect imho for scooping in 'cloud miner' newbies indeed

just another day of confusion in crypto...same old...same old ..sheesh

[BitcoinNational]

truth don't know ... legit or joke ... market cap starting out at P&D levels ;(

but the fact is SHA256 (despite having $7 Billion in capital)
has not developed the SHA256 field ... nope it is all BTC ... which is to say all eggs in 1 basket

that's dumb (weakens peripheral devs and miners and all things flows to the central control group)
that's myopic

Scrypty has 20-30 alt flavors besides LTC/Doge

C-Bit looks like a good idea and a better than average clone/copy

so for the betterment of SHA256 I hope it is real and things workout

[mtnminer]

C-Bit is a nice refreshing change, seeing the old ant's mining again and getting a return is fun.  I hope this goes well and is complimentary to Bitcoin and works along side.

Join us mining with you old ASIC's on the New York server or any of the others around the world.

Thanks
Mtnminer