[ANN] ArabianChain - DubaiCoin (DBIX) - Smart Contracts from Dubai to the World

[Bitcoinmeister]

ArabianChain News

http://english.alarabiya.net/en/business/technology/2017/07/16/Is-the-Middle-East-ready-for-its-own-version-of-bitcoin-.html

Great Work ArabianChain Team
Alarabiya is like BBC in themedia world, DBIX is on the right way

[ryanlitwiller]

Its been above 400s for the last 3 days!!

As a miner and pool operator who supports the coin and the team I don't care about price dumps, it actually should be an opportunity for real supporters to mine more and bag up! However, this is killing the mining community especially us smaller pools!!

[CECVW]

is it possible to open a thread for miners issue and keep this one to talk only about the project etc

I am not complaining its just its too much about miners and wallet all the time, I guess this project go beyond than just wallet and miners?

Thanks

[ayiphelmy]

this coin is good but dev must change diff setup and 520 confirmation for send DBIX  is too much

[darkenedsoul]

this coin is good but dev must change diff setup and 520 confirmation for send DBIX  is too much

100% agree. Blocks are being found at a molasses pace, and pools are paying out very slowly because of the 520 confirmation issue. Combining that with pools with minimum payout thresholds, you can get STUCK mining DBIX for an extended period of time just trying to claim whats rightfully yours.

Have we heard any news about this coin getting added to other exchanges? I'm surprised it's not already on Cryptopia. 

[CECVW]

this coin is good but dev must change diff setup and 520 confirmation for send DBIX  is too much

100% agree. Blocks are being found at a molasses pace, and pools are paying out very slowly because of the 520 confirmation issue. Combining that with pools with minimum payout thresholds, you can get STUCK mining DBIX for an extended period of time just trying to claim whats rightfully yours.

Have we heard any news about this coin getting added to other exchanges? I'm surprised it's not already on Cryptopia. 

you  can add it to cryptopia anytime you want, just have to pay around 3btc I guess and thats it

[ryanlitwiller]

is it possible to open a thread for miners issue and keep this one to talk only about the project etc

I am not complaining its just its too much about miners and wallet all the time, I guess this project go beyond than just wallet and miners?

Thanks

The project has a slack channel, topics are separated there. https://bitly.com/2tQevNZ

Also if a projects tech is supposed to adjust the difficulty to keep a 90 second average block time target but is more then 5X that for days I would say that has a much larger impact then just those of us mining. It should be of concern to the entire project community.

[zahidmoon]

dbix price is stable and block time increased
and network hashrate are down to 224 GH/s
dubai coin team is working hard and dbix exactly going on the right way
next month dbix will be skyrocket its time to buy dbix

[Bitcoinmeister]

dbix price is stable and block time increased
and network hashrate are down to 224 GH/s
dubai coin team is working hard and dbix exactly going on the right way
next month dbix will be skyrocket its time to buy dbix

im your opinion.
what i dont understand, when i speak with a miner and say to him why you dump
your mined coins they say we need to pay bill.....
I never heared no where in the world the electricity costs are payed every day...
this why the price growth/trend of DBIX should be linear to the mining difficulty.

[dexxa05]

this coin is good but dev must change diff setup and 520 confirmation for send DBIX  is too much

100% agree. Blocks are being found at a molasses pace, and pools are paying out very slowly because of the 520 confirmation issue. Combining that with pools with minimum payout thresholds, you can get STUCK mining DBIX for an extended period of time just trying to claim whats rightfully yours.

Have we heard any news about this coin getting added to other exchanges? I'm surprised it's not already on Cryptopia. 

The difficulty is too high IMO ! Needs to be modified !

[iamnewhere]

pumps and dumps are not made by miners, but by wallstreet creeps and devs, also ICO investors
I mined dbix, and i still have have the coins, not much, but when i see difficulty increasing at wrong percentage, i realise the devs either have no clues, or malice, so i went back to eth and stuff.

you had few times mining farms with 500GH/s - 1TH/s and they dumped the price not just once

[Moviminer]

Why mine this coin at now? It's not profitable!
Just mine other coins and sell/buy dubai! )))

[jordan coins]

news
For the uninitiated, blockchain technology can be confusing. This must have been quite evident for anyone who first started reading about the rise of Bitcoin during the past several years.  Known as the digital backbone of Bitcoin and other digital or crypto currencies, a blockchain is a digital ledger that provides decentralized, encrypted systems of record keeping and transaction processing.  Blockchain’s decentralized nature allows individuals and companies to cut expenses by conducting business online without a middleman or trusted intermediary.  Saudi entrepreneur Mohammed Alsehli is now trying to replicate Bitcoin’s success in the Arab world through his company ArabianChain Technology and DubaiCoin-DBIX, what may very well be the Middle East’s first digital currency   

[dottorburry]

Why i mine on mine.house and i didn't see tha amount of dbix?

[kroki]

Why i mine on mine.house and i didn't see tha amount of dbix?

kroki DBIX pool

Dear miners,

we want to inform you that we opened new port for Nicehash
stratum+tcp://dbix.krokipool.pro:5555

and check our
kroki DBIX mining calculator
http://dbix.krokipool.pro/calculator/


We invite miners to join our pool

Happy mining !!!

We apologize to all miners, we were so proud of our CHATBOX, where all miners could
comunicate freely and help each other with settings etc.

But, mine.house used dirty technique and all the time abused our miners' chatbox and
without shame call kroki miners to come to his pool. He has used several aliases. At the beginning kroki wanted to
help him with pointing that the reward for miners in his pool was 5dbix/block and to correct that. Instead to say "thanks",
he continued every day to advertise his pool and one of his aliases copied admin logo kroki and can present as admin,
so we had to disable chatbox.

We just want public and miners to notice what kind of unfair player is the owner of that pool.
Because of his behavior we hope he will be out and stay only honor people in this project.

[RPS13]

Recently joined miner here

It just wanted to pitch in this news i saw on coindesk:
Blockchain Startup ArabianChain Nets $817k from New Investor

And yes these ridiculous block times need to go down asap!
The algorithm they have chosen is totally incapable of dealing with the volatility in mining currently. Now i know they are supposed to be working on an improved algorithm, but it would be great if they could give this high priority!

[Bitcoinmeister]

Amazing Guys:

http://www.coindesk.com/blockchain-startup-arabianchain-nets-817k-new-investor/

[richpress]

Hello all, I find DBIC coin in yobit exchange, is it still valid ? I see that DBIX price movements affects its price so is it still working chain ? thank you.

[hossminer]

Hello all, I find DBIC coin in yobit exchange, is it still valid ? I see that DBIX price movements affects its price so is it still working chain ? thank you.

DBIC is not the same. DBIX is the coin the devs are supporting. You can find it at livecoin.net   relevant link: https://medium.com/@arabianchain/dbix-vs-dbic-questions-84d8116c64d7

[mesar]

Why mine this coin at now? It's not profitable!
Just mine other coins and sell/buy dubai! )))

Which coin do you mine?