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Author Topic: [NEW CURRENCY] Maria 2.0 was banned, here is her proof. The birth of Bytecoin!  (Read 102186 times)
samurajj
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April 03, 2013, 06:24:08 AM
 #261

Well, strictly speaking nothing makes it interesting, as it is a straightforward clone of bitcoin with zero improvements or additions.

One interesting point could be testing bitcoin stability when too many hashpower appears to mine at low difficulty. (Could happen when asics really arrives.)
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April 03, 2013, 06:26:23 AM
 #262

Well, strictly speaking nothing makes it interesting, as it is a straightforward clone of bitcoin with zero improvements or additions.

One interesting point could be testing bitcoin stability when too many hashpower appears to mine at low difficulty. (Could happen when asics really arrives.)
Bitcoin already has a testnet.

Cryptocoin Mining Info | OTC | PGP | Twitter | freenode: dust-otc | BTC: 1F6fV4U2xnpAuKtmQD6BWpK3EuRosKzF8U
TradeFortress
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April 03, 2013, 06:26:29 AM
 #263

Well, strictly speaking nothing makes it interesting, as it is a straightforward clone of bitcoin with zero improvements or additions.

One interesting point could be testing bitcoin stability when too many hashpower appears to mine at low difficulty. (Could happen when asics really arrives.)
It doesn't really mean anything, because the biggest deployment so far is going to be ASICMINER's 200TH next next deployment, which will increase the network hashrate by less than 4x (which is the current cap on diff adjustment)
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April 03, 2013, 06:36:42 AM
 #264

Everyone, feel free to inspect both executable and post here any suspicious code. Anyway, feel free to compile your own version based on the github code.

Can you answer my PM?
a simple "I have no idea" would be great.
Thank you.

fuck deeponion, fuck bitcoincash, all glory to one BITCOIN
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April 03, 2013, 07:00:44 AM
 #265

Despite 65 Mhas/s I can't mine any coins, tried solo and pool mining.
Anyone selling 1000 BTE for BTC? PM me please.

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wojtek
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April 03, 2013, 08:09:03 AM
 #266

I don't think this coin is useless.
It is exactly same as bitcoin, so i don't see reason why would it worth any less.  Cheesy
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April 03, 2013, 08:16:51 AM
 #267

I don't think this coin is useless.
It is exactly same as bitcoin, so i don't see reason why would it worth any less.  Cheesy

Even better, there are 12mil BTC and less than 1mil BTE. BTE ought to worth more. Cheesy
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April 03, 2013, 08:19:10 AM
 #268

I'm a newcomer to bitcoin so setting up a bytecoin and a CPU miner was an interesting exercise! (Even if somewhat frustrating.)

However I'm not sure I'm going to get any with my measly 3-4 Mhash/s.

By the way, of course everybody realizes that if you download a random exe from a forum like this, there's a possibility that it looks for %APPDATA%/Bitcoin/wallet.dat and sends it somewhere?

Oh yeah... I have a hunch that this thread might be a good place to advertise my bitcoin pyramid link!


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April 03, 2013, 08:37:42 AM
 #269

Put it in your sig please.

I have analyzed the exe file, and I have not observed it look for Bitcoin wallet.dat

In addition, I've analyzed the sourcecode and found no shenanigans.
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April 03, 2013, 09:38:15 AM
 #270

I just mined my first 50 BTE!

So where are the software/instructions for solo mining?


The software is linked in the first post of this thread. As for instructions, it is just like solo mining bitcoins.

On windows you run the client in server mode by creating a bytecoin.conf file in your appdata folder.

Follow a guide for bitcoin solo mining.

Sounds kind of funny. Not willing to give specific instructions here? Looks like you're not prepared to promote Bytecoin to the point of helping others mine.  Hmmmm.......


http://maunderingcabal.blogspot.com/2013/02/bitcoin-mining-log-9-how-to-solo-mine.html

Here is a solo mining guide for bitcoin and altcoins, it should be trivial to apply the guide to Bytecoin.

Good luck!

I'm glad my guide has helped anyone Smiley

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dust
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April 03, 2013, 09:38:21 AM
 #271

This is probably unrelated, but it is worth being extra cautious: https://bitcointalk.org/index.php?topic=165497.0  I always build altcoins from source after auditing the diffs from bitcoin, and never run them on the same hardware I use to manage BTC wallets.

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April 03, 2013, 09:44:39 AM
 #272

This is probably unrelated, but it is worth being extra cautious: https://bitcointalk.org/index.php?topic=165497.0  I always build altcoins from source after auditing the diffs from bitcoin.
There wasn't much difference in the source code with ByteCoin. I don't think it's related through, I've analyzed it and it doesn't try to access Bitcoin's wallet.dat.

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April 03, 2013, 09:47:45 AM
 #273

Despite 65 Mhas/s I can't mine any coins, tried solo and pool mining.
Anyone selling 1000 BTE for BTC? PM me please.

At current diff of 1024, it will take you 19 hours on average to mine a block solo. You need more hashing capacity. Bytecoin's global hashrate already oscillates around 70-80 Ghash/s (avg of last hour).
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April 03, 2013, 09:50:09 AM
 #274

difficulty 1024.  hashpower has not dropped yet. still way overhashed [next diff will be much higher at this rate]

cost of mining 1 BTE is now [not including reject orphan ratio]: 0.00079BTC ,128 BTE per .1BTC
which makes buying much much cheaper than mining. current market price of .15BTC per 1000BTE is super cheap. should be at least .79BTC ber 1000BTE not including incoming diff increase or high orphan blocks ratio.

calculations data:
typical 1000Mh/1100KH rig
[491.12 BTE day @0% rejects] vs [11LTC a day =0.383BTC ]

fuck deeponion, fuck bitcoincash, all glory to one BITCOIN
c4n10
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April 03, 2013, 09:54:13 AM
 #275

This is probably unrelated, but it is worth being extra cautious: https://bitcointalk.org/index.php?topic=165497.0  I always build altcoins from source after auditing the diffs from bitcoin.
There wasn't much difference in the source code with ByteCoin. I don't think it's related through, I've analyzed it and it doesn't try to access Bitcoin's wallet.dat.



Also, when OP has 70 posts and says he never uses the wallet I have to wonder:

1. Is he telling the truth or attempting to scare people away from BTE?
2. If he is telling the truth and has little experience with the bitcoin client, who knows, maybe he did something wrong & doesn't realize it.
organofcorti
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April 03, 2013, 09:59:55 AM
 #276

Can anyone address the seeming non-sequitur in the post topic? How is Bytecoin proof that Maria 2.0 was banned?

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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Come-from-Beyond
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April 03, 2013, 10:03:11 AM
 #277

This is probably unrelated, but it is worth being extra cautious: https://bitcointalk.org/index.php?topic=165497.0  I always build altcoins from source after auditing the diffs from bitcoin, and never run them on the same hardware I use to manage BTC wallets.

A virtual machine should work the same way.
mrb
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April 03, 2013, 10:06:25 AM
 #278

difficulty 1024.  hashpower has not dropped yet. still way overhashed [next diff will be much higher at this rate]

cost of mining 1 BTE is now [not including reject orphan ratio]: 0.00079BTC ,128 BTE per .1BTC
which makes buying much much cheaper than mining. current market price of .15BTC per 1000BTE is super cheap. should be at least .79BTC ber 1000BTE not including incoming diff increase or high orphan blocks ratio.

calculations data:
typical 1000Mh/1100KH rig
[491.12 BTE day @0% rejects] vs [11LTC a day =0.383BTC ]

You are off by 1 order of magnitude. Cost of mining 1 BTE is .000076 BTC. It is cheaper to mine.
The next diff adjustment (should be 4096) will make the cost .000306 BTC, so it will be cheaper to buy.
c4n10
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April 03, 2013, 10:07:16 AM
 #279

Can anyone address the seeming non-sequitur in the post topic? How is Bytecoin proof that Maria 2.0 was banned?

Bytecoin isn't the proof, and that should really be read as:

"Maria 2.0 was banned (he/she can't post this him/herself). Here is the proof he/she is the oldest miner on these forums (because he/she can't post it him/herself). Also, now announcing Bytecoin!"
organofcorti
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April 03, 2013, 10:11:52 AM
 #280

Can anyone address the seeming non-sequitur in the post topic? How is Bytecoin proof that Maria 2.0 was banned?

Bytecoin isn't the proof, and that should really be read as:

"Maria 2.0 was banned (he/she can't post this him/herself). Here is the proof he/she is the oldest miner on these forums (because he/she can't post it him/herself). Also, now announcing Bytecoin!"

Ah, thank you for translating.

Can you also explain how a random tx and address proves that Maria 2.0 is the oldest forum member?

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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