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Author Topic: Mining Bitcoiin 2gen? Is it a good Idea?  (Read 297 times)
crairezx20 (OP)
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February 04, 2019, 02:04:39 AM
 #1

Hello guys I would like to ask if this coin is safe to mine or this is just a scam coin?

And what I notice that their bitcoiin.com site whois registrant is located to Philippines which is where I live.

I never heard any news here that there is coin will release from here on the Philippines.

I just found this coin while looking for a coin to mine in coincalculator.
nc50lc
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February 04, 2019, 03:00:00 AM
 #2

First rule: Anything named after bitcoin other than Bitcoin is a pump&dump coin. But here's the good part, most of them are useful for day traders and miners since it will surely be pumped after a while as long as it has a huge user base and just got started.

Second: When the site was deliberately named after another, it is a 100% red flag. Even though it has a community and fairly low price, there's no assurance that it is legit. Example is Bitconnect, it has a huge price & large community but it was a scam all along.

Chances that it is a scam is high, if you have a good GPU with high Memory Bandwidth, why don't you mine Grin instead (It looks like it was endorsed by theymos). That alone lured me into Grin.

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DHE-WIE
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February 04, 2019, 06:40:03 AM
 #3

in my opinion whatever the name is by bringing the name bitcoin in their part I think is legitimate.
but still, the real '' Bitcoin '' and it is clearly admitted that it is rate of all crypto currencies that we must trust and always support.
all will be a good value when the value of bitcoin has returned high.
so we have to think smart if we see projects that include the name bitcoin and declare development or a new innovation from bitcoin.

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crairezx20 (OP)
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February 04, 2019, 02:28:49 PM
 #4

First rule: Anything named after bitcoin other than Bitcoin is a pump&dump coin. But here's the good part, most of them are useful for day traders and miners since it will surely be pumped after a while as long as it has a huge user base and just got started.

Second: When the site was deliberately named after another, it is a 100% red flag. Even though it has a community and fairly low price, there's no assurance that it is legit. Example is Bitconnect, it has a huge price & large community but it was a scam all along.

Chances that it is a scam is high, if you have a good GPU with high Memory Bandwidth, why don't you mine Grin instead (It looks like it was endorsed by theymos). That alone lured me into Grin.
Grin mining nowadays is not as profitable as before after the launching it to mainnet the difficulty increases too fast I mine a grin coin but I stopped due to fast drop of rewards per day. Also, the mining software like bminer or even the generic miner after mining of 30 minutes the rig hang or freeze that is why I stopped mining it.

So I am now focusing on other coins instead to mine where I can get more rewards than grin coin.

in my opinion whatever the name is by bringing the name bitcoin in their part I think is legitimate.
but still, the real '' Bitcoin '' and it is clearly admitted that it is rate of all crypto currencies that we must trust and always support.
all will be a good value when the value of bitcoin has returned high.
so we have to think smart if we see projects that include the name bitcoin and declare development or a new innovation from bitcoin.

Well, I don't know but I tried searching this coin on the forum but it has an old issue here about ICOs it seems that they abandon this project before and run the invest that is why I ask it here to know.
mescalito
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February 05, 2019, 01:23:02 AM
 #5

The price has increased like 30x in last week. However the hashrate went up 50-100x.
Egorrichminer
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March 06, 2019, 06:26:46 AM
 #6

Does anyone know how to check the full transactions history on the B2G wallet? Cause the official explorer shows the 10 latest operations only, right?) Or there is another explorer I'm not aware of.
nc50lc
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March 06, 2019, 06:40:54 AM
 #7

Does anyone know how to check the full transactions history on the B2G wallet? Cause the official explorer shows the 10 latest operations only, right?) Or there is another explorer I'm not aware of.
Did you mean this explorer: https://explorer.bitcoiin.com/?
It does shows the latest 10 blocks/transaction in the main page but it has 1000 pages, you can navigate through all of the txs by clicking the next page.

Your problem might be your internet speed: There is a slight delay (depends on your internet connection) in every update after clicking the page number.

Note: It looks like that there are blocks without transactions in it hinting that there's no one using this coin at all (just the developers?).
And read the warnings (from BCT and the web) of B2G being a scam.

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Egorrichminer
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March 06, 2019, 09:56:12 AM
 #8

Does anyone know how to check the full transactions history on the B2G wallet? Cause the official explorer shows the 10 latest operations only, right?) Or there is another explorer I'm not aware of.
Did you mean this explorer: https://explorer.bitcoiin.com/?
It does shows the latest 10 blocks/transaction in the main page but it has 1000 pages, you can navigate through all of the txs by clicking the next page.

Your problem might be your internet speed: There is a slight delay (depends on your internet connection) in every update after clicking the page number.

Note: It looks like that there are blocks without transactions in it hinting that there's no one using this coin at all (just the developers?).
And read the warnings (from BCT and the web) of B2G being a scam.

Yes, thank you, I mean that link. But the 1000st trans is Mon, 04 Mar 2019 12:35:35 GMT )))) And I need to say about February transaction to the cryptoexchange. B2G team is ignoring me at any resource (Facebook - automatic answer not related to my question, twitter, support mail, message from their site). Any other ideas? When I ask the Digifinex support they say they can't do anything until I tell them the txId - no escalation manager present there, no way. And they even can't contact those who discussed listings of B2G on DigiFinex (perhaps B2G would not ignore the DigiFinex stuff?). The idea is to get from B2G my wallet full historical transaction list.

Any suggestions how to move forward, please...
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