BipCoin, CryptoNote with Fast, Solid Transactions + profitable to mine

[MWD64]

ATTENTION

Coinmarketcap.com shows an exchange which BIPCOIN is not listed on. Buy carefully. ( Cryptopia)

Following this coin since day 1.

Subscribed.

Thank you.

We had the ticker symbol BIP first. Months before the other Coin called "Bitpark Coin" that launched on LiveCoin exchange on Christmas day. (And the coin is on no other exchanges). LiveCoin exchange has been alerted by me.

The BIP on Cryptopia Exchange is us, BipCoin.
The BIP on LiveCoin Exchange is some flaky shit called "Bitpark Coin." (Some ICO asset on Ethereum who are their own escrow for the ICO BTC. lolz..)

I spent a good bit of my Christmas dealing with this. And it's my opinion that Bitpark Coin should not be trusted after making such a rookie mistake on something so fundamental. If they fuck up this, what else did they fuck up?

The first thing I checked when launching BipCoin was that the ticker was not taken. Checked Coinmarketcap, coin page and asset page. Then googled crypto exchange bip (without quotes)

That's really all it takes.

Hell, the first three letters of every BipCoin address is always BIP.

I have contacted Coinmarketcap, Cryptopia and LiveCoin. The great news is that LiveCoin responded to me and if the coin doesn't deal with it, LiveCoin will. And myself and LiveCoin asked Coinmarketcap to remove it.

I posted about it on this thread here:
https://bitcointalk.org/index.php?topic=1720595.msg17299876#msg17299876

On Bitpark Coin's thread here:
https://bitcointalk.org/index.php?topic=1575177.msg17294066#msg17294066

On the BipCoin site here:
https://bipcoin.org/?p=2029

Something to note is that
The last couple pages of Bitpark Coin's announce thread, starting about here:
https://bitcointalk.org/index.php?topic=1575177.100
seem to be largely people who say that the dev team is no longer responding to their emails. And some invested money in the ICO and say they never got what they paid for.

[MWD64]

Better Russian-language version of BipCoin FAQ. Translation by native speaker:
https://bipcoin.org/?p=2171

[MWD64]

UPDATED LIST OF BipCoin POOLS.

http://bip.ms-pool.net.ua/
http://democats.org/pool/?name=bipcoin
http://bip.crypto-coins.club/
http://bip.cryptonotepool.com/
http://bip.mypool.name/


These pools have all stayed in consensus for some time, have great uptime, and currently have miners or have recently had miners.
These pools are now listed on the first page of this thread, and on the BipCoin website.
They will remain as long as they keep working (and the poolmasters don't make more work for me. Some other poolmasters have in the past. lol.)
Will add more as the come up, after we watch them and try them for a while to make sure they have no problems.

[cryptomaxsun]

MWD64, I plan to do the translation FAQ, BipCot No-Gov License and other materials site.

[MWD64]

MWD64, I plan to do the translation FAQ, BipCot No-Gov License and other materials site.

You're a saint. This will get you a libertarian indulgence. (That allows you to violate the Non-Aggression Principle ONE time, and only for good reason.)

[atithasos]

It work I mine  bipcoin for 5 minutes 🙂 On windows 10 / 64 but  my cards stoped one by one and it say ,,sick,,

Have you over-tune your cards?

[rancemo]

The market data is wrong on the following pools. It looks like they might be getting data from another coin.

http://bip.ms-pool.net.ua/
http://democats.org/pool/?name=bipcoin

[MWD64]

The market data is wrong on the following pools. It looks like they might be getting data from another coin.

http://bip.ms-pool.net.ua/
http://democats.org/pool/?name=bipcoin

Sigh. Yes. I know.

Please post something here:
https://bitcointalk.org/index.php?topic=1575177.msg17294066#msg17294066

maybe if more people explain that they're confused, that other two-day old coin "Bitpark Coin" will change their symbol to something other than BIP.

[slb]

The market data is wrong on the following pools. It looks like they might be getting data from another coin.

http://bip.ms-pool.net.ua/
http://democats.org/pool/?name=bipcoin

Democats is getting the market data from coinmarketcap. The problem is in coinmarketcap's data

[MWD64]

The market data is wrong on the following pools. It looks like they might be getting data from another coin.

http://bip.ms-pool.net.ua/
http://democats.org/pool/?name=bipcoin

Democats is getting the market data from coinmarketcap. The problem is in coinmarketcap's data

Yup, and it's adding BipCoin's price to Bitpark Coin's price. The "BIP" data here:
https://coinmarketcap.com/currencies/bipcoin/#markets

is
Cryptopia: BipCoin
LiveCoin: Bitpark Coin.

I'm considering writing an article, maybe for CoinTelegraph about how to keep this from happening in the future. Would really be easy: have software at exchanges and listing sites that checks for duplicates before automatically listing a coin. If there's a duplicate, it is flagged for a human to take a second look.

Does anyone know of this having ever happened before? I know there were two Bytecoins for a while, right? But the second one was an imitator. Bitpark Coin was not imitating us, they just didn't bother checking.

I'm in contact with Bitpark Coin, Cryptonator and LiveCoin. Hopefully this will all get fixed soon.

MWD

[pacers101]

difficulty is a little rough past couple days. but glad the price is stable even after the little pump.

[rancemo]

difficulty is a little rough past couple days. but glad the price is stable even after the little pump.

The difficulty is always up and down. It's the result of people mining at a high hashrate for a short period of time, then stopping.  This will continue until the sustained hashrate is high enough that these brief spikes won't matter.

[MWD64]

difficulty is a little rough past couple days. but glad the price is stable even after the little pump.

The difficulty is always up and down. It's the result of people mining at a high hashrate for a short period of time, then stopping.  This will continue until the sustained hashrate is high enough that these brief spikes won't matter.

It's an attack. It happens to all CryptoNote coins. I'm sure it's an attack because someone is spending way more money than they're earning doing this. They do it about 3 hours on each pool in a circuit.

Is probably either someone with a lot of some CryptoNote coin, someone with a lot of Bitcoin, or a state actor.

[phila]

I mined with Wolf's miner for a couple of hours and used the Wallet ID I generated from Cryptopia in the same way/format as I did when mining XMR with Claymore's miner namely "BaseAddress.PaymentID", but when I try to "Lookup" my stats and payment history by entering my BaseAddress.PaymentID into the field on any of the pools I get the message "not found".  If I enter only the BaseAddress I get stats of someone else with Last Share Submitted:   3 days ago.

Is there something I am missing?

[MWD64]

I mined with Wolf's miner for a couple of hours and used the Wallet ID I generated from Cryptopia in the same way/format as I did when mining XMR with Claymore's miner namely "BaseAddress.PaymentID", but when I try to "Lookup" my stats and payment history by entering my BaseAddress.PaymentID into the field on any of the pools I get the message "not found".  If I enter only the BaseAddress I get stats of someone else with Last Share Submitted:   3 days ago.

Is there something I am missing?

I'm pretty sure I remember seeing on there something like "Do not mine to your Cryptopia address", with ALL coins, I think. I know I've seen this on other exchanges.

You need to have a wallet address on your computer to mine to. Can be CLI or GUI, doesn't matter. And wallet does not need to be on while mining, but you need to mine to a non-Exchange address.

GUI wallet is easier to install and use, if you're new to all this. Install it, open it and let it sync (will say synced in bottom left corner when synced, may take an hour first time). Then on the GUI wallet click on "recieve", it will show you address. Click on the icon to the right of the address, it will copy it to your clipboard.

[atithasos]

Today I check https://coinmarketcap.com/currencies/bipcoin/#markets
As you can see they remove the BitPark coin so the price that we all see is from our BipCoin
and now the price is 0.00003600

Happy mining people, we have the most profitable coin...

[MWD64]

Today I check https://coinmarketcap.com/currencies/bipcoin/#markets
As you can see they remove the BitPark coin so the price that we all see is from our BipCoin
and now the price is 0.00003600

yup. Very cool!

I wonder how long that would have stayed if I hadn't spent a lot of time and effort fixing it. Probably a long time, because BipPark coin finally wrote me back and it sounded like they'd "get around to fixing it", but were in no hurry.. They didn't see it as the huge problem it was.

Happy mining people, we have the most profitable coin...

WHEEEEEE~! BipCoin is the most profitable CryptoNote coin to mine!

[phila]

Thanks for clearing that up MWD64.  I got my new "proper" address from the GUI Wallet and amended all my configs. "Lookup" on democats show my hash now, but most of my miners had this issue suddenly on both democats and cryptonotepool:

C:\guiminer-scrypt_win32_binaries_v0.04\cgminer\wolf-xmr-miner
.conf
[10:28:25] Setting up GPU(s).
[10:29:06] Successfully connected to pool's stratum.
[10:29:06] Share rejected (your IP is banned): -1/0 (inf%)
[10:29:06] Total Hashrate: nanH/s

or it starts but,
[10:28:48] Thread 1, GPU ID 1, GPU Type: Tahiti: 376.39H/s
[10:28:49] Share rejected (your IP is banned): 9/546 (1.65%)
[10:28:49] Total Hashrate: 823.61H/s

The solution was to Mine on democats and specifying difficulties in the 100 000's at the end of my wallet address for each rig, using the maximum difficulty of 10 000 (port:7776) on cryptonotepool also resulted in perma IP ban, something cryptonotepool might look into. This is with 7 Rigs doing 5 KH/s.

[MWD64]

Thanks for clearing that up MWD64.  I got my new "proper" address from the GUI Wallet and amended all my configs. "Lookup" on democats show my hash now, but most of my miners had this issue suddenly on both democats and cryptonotepool:

C:\guiminer-scrypt_win32_binaries_v0.04\cgminer\wolf-xmr-miner
.conf
[10:28:25] Setting up GPU(s).
[10:29:06] Successfully connected to pool's stratum.
[10:29:06] Share rejected (your IP is banned): -1/0 (inf%)
[10:29:06] Total Hashrate: nanH/s

or it starts but,
[10:28:48] Thread 1, GPU ID 1, GPU Type: Tahiti: 376.39H/s
[10:28:49] Share rejected (your IP is banned): 9/546 (1.65%)
[10:28:49] Total Hashrate: 823.61H/s

The solution was to Mine on democats and specifying difficulties in the 100 000's at the end of my wallet address for each rig, using the maximum difficulty of 10 000 (port:7776) on cryptonotepool also resulted in perma IP ban, something cryptonotepool might look into. This is with 7 Rigs doing 5 KH/s.

Are you renting hash from nicehash?

[MWD64]

Thanks for clearing that up MWD64.  I got my new "proper" address from the GUI Wallet and amended all my configs. "Lookup" on democats show my hash now, but most of my miners had this issue suddenly on both democats and cryptonotepool:

C:\guiminer-scrypt_win32_binaries_v0.04\cgminer\wolf-xmr-miner
.conf
[10:28:25] Setting up GPU(s).
[10:29:06] Successfully connected to pool's stratum.
[10:29:06] Share rejected (your IP is banned): -1/0 (inf%)
[10:29:06] Total Hashrate: nanH/s

or it starts but,
[10:28:48] Thread 1, GPU ID 1, GPU Type: Tahiti: 376.39H/s
[10:28:49] Share rejected (your IP is banned): 9/546 (1.65%)
[10:28:49] Total Hashrate: 823.61H/s

The solution was to Mine on democats and specifying difficulties in the 100 000's at the end of my wallet address for each rig, using the maximum difficulty of 10 000 (port:7776) on cryptonotepool also resulted in perma IP ban, something cryptonotepool might look into. This is with 7 Rigs doing 5 KH/s.

I think some pools have temp band on some types of actions when the IP is nicehash. Not sure, I"ll email both poolmasters and have them look at your post.


In the meantime, try this pool and see if you have the same issue:
http://bip.ms-pool.net.ua/