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Author Topic: [NEW CURRENCY] Maria 2.0 was banned, here is her proof. The birth of Bytecoin!  (Read 106367 times)
movellan
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May 02, 2013, 05:39:25 PM
 #681


Does that mean those who started out with CPU mining are now out of it and only GPU miners can cope with the difficulity?


Seems so. But even a decent GPU won't help u much, u need a bunch of them.

Does anyone have a difficulty prediction for the next adjustment?


I'm guessing around 3,749 at the current network hashrate.

I notice the difficulty is still way up. If it does drop, what's to prevent someone from pointing an ASIC or server farm at BTE like last time and kicking the difficulty up again. Been around for a while and know some get a kick out of doing that kind of thing "just for fun".
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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LucasJones
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May 02, 2013, 07:33:24 PM
 #682


Does that mean those who started out with CPU mining are now out of it and only GPU miners can cope with the difficulity?


Seems so. But even a decent GPU won't help u much, u need a bunch of them.

Does anyone have a difficulty prediction for the next adjustment?


I'm guessing around 3,749 at the current network hashrate.

I notice the difficulty is still way up. If it does drop, what's to prevent someone from pointing an ASIC or server farm at BTE like last time and kicking the difficulty up again. Been around for a while and know some get a kick out of doing that kind of thing "just for fun".


I guess not much is stopping them Sad

The hashrate has been quite unstable for a while, but recently it seems to be rising, which hopefully means that there will soon be enough full-time miners to prevent this type of thing having much effect on the network.

Tip jars: BTC 1DmCj5fVACDoAZHy5PeKs274xvuwpZ42RM
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May 02, 2013, 11:05:00 PM
 #683

Bytecoin could be the Testnet for Bitcoin in the future.

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May 03, 2013, 02:01:48 PM
 #684

Bytecoin could be the Testnet for Bitcoin in the future.

Except that the testnet works really good already built into bitcoin, or testnet in a box. So, no, not really.

          WTF!     Don't Click Here              
          .      .            .            .        .            .            .          .        .     .               .            .             .            .            .           .            .     .               .         .              .           .            .            .            .     .      .     .    .     .          .            .          .            .            .           .              .     .            .            .           .            .               .         .            .     .            .            .             .            .              .            .            .      .            .            .            .            .            .            .             .          .
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May 03, 2013, 02:55:41 PM
 #685

I'm only mining bytecoin when I get my jalapeno

movellan
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May 04, 2013, 03:34:33 AM
 #686


[/quote]

I notice the difficulty is still way up. If it does drop, what's to prevent someone from pointing an ASIC or server farm at BTE like last time and kicking the difficulty up again. Been around for a while and know some get a kick out of doing that kind of thing "just for fun".

[/quote]

I guess not much is stopping them :(

The hashrate has been quite unstable for a while, but recently it seems to be rising, which hopefully means that there will soon be enough full-time miners to prevent this type of thing having much effect on the network.
[/quote]

Looks like things are loosening up. Difficulity almost halved earlier today and quite a few more blocks being generated.
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May 04, 2013, 04:11:35 AM
 #687

I plan to only mine bytecoin

Byte-Gox
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May 04, 2013, 11:37:54 AM
 #688

Dont forget to join the pool (http://pool.bytecoin.in)
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May 04, 2013, 11:39:57 AM
 #689

damn solo mining is over

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May 04, 2013, 11:58:44 AM
 #690

Dont forget to join the pool (http://pool.bytecoin.in)

I did join.  I can't remember my password.  I don't find a password recover option.

I try to be respectful and informed.
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May 04, 2013, 12:22:12 PM
 #691

make a new acct

sal002
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May 04, 2013, 12:41:29 PM
 #692

Profitability is near to approaching Bitcoin Smiley
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May 04, 2013, 01:11:00 PM
 #693

yes very nice, my fave coin

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May 04, 2013, 07:35:35 PM
 #694

People paying like 0.001+ BTC for 1 BTE are really throwing their money out the window

0.001 BTC = $0.1.
In a couple of years 1 BTE can worth $100 (just like BTC now).
$100 / $0.1 = 1000 = 100000% of profit.

Looks like u said this to buy all BTE for urself!  Cool
sal002
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May 05, 2013, 12:11:17 PM
 #695

While I can understand the time argument, I am having a hard time understanding how that impacts profitability.  My expected coins that I mine is a function of difficulty (on average), not on coins per time, because coins per time period usually means more miners have been pointed at the coin.

Can you elaborate?
saigo
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May 05, 2013, 02:11:57 PM
 #696

I have around 300 BTE to sell, LTC, BTC, NMC, or CNC accepted, any sensible offers ?

Saigō Takamori : ( 1828 – 1877) was one of the most influential samurai in Japanese history. He has been dubbed the last true samurai.
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May 05, 2013, 02:28:45 PM
 #697

I have around 300 BTE to sell, LTC, BTC, NMC, or CNC accepted, any sensible offers ?

What about Feathercoin?
saigo
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May 05, 2013, 02:44:23 PM
 #698

I have around 300 BTE to sell, LTC, BTC, NMC, or CNC accepted, any sensible offers ?

What about Feathercoin?

Ok, how many FTC ?  Grin

Saigō Takamori : ( 1828 – 1877) was one of the most influential samurai in Japanese history. He has been dubbed the last true samurai.
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May 05, 2013, 02:46:29 PM
 #699

I have around 300 BTE to sell, LTC, BTC, NMC, or CNC accepted, any sensible offers ?

What about Feathercoin?

Ok, how many FTC ?  Grin

I give 25 FTC for 25 BTE.
saigo
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May 05, 2013, 02:51:05 PM
 #700

I have around 300 BTE to sell, LTC, BTC, NMC, or CNC accepted, any sensible offers ?

What about Feathercoin?

Ok, how many FTC ?  Grin

I give 25 FTC for 25 BTE.

Thanks come-from-beyond. I have 324.69 BTE, will take the same number of FTE for them, but don't really want to mess around with part transactions, prefer to just sell them in one go.

Saigō Takamori : ( 1828 – 1877) was one of the most influential samurai in Japanese history. He has been dubbed the last true samurai.
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