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Author Topic: [ANN][Main] Bitcore- BTX - Partnership with JAXX and Magnum Wallet!  (Read 669061 times)
juhakall
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April 14, 2018, 03:23:13 AM
 #15801

Omegapool has mined 52% of the last 100 blocks

Move along, nothing to see here.

A long post about Shariah acceptance or roadmaps should bury this notice soon enough.

Here it is, for I know scrolling is very hard.

If it isn't obvious. A pool being 51%, even if they were run by The Pope or Donald Trump or other pillars of honesty, should be of serious concern to everyone invested in BTX.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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rachelshineofstar
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April 14, 2018, 03:27:59 AM
 #15802

This project is very profitable for investors, very loss if not follow this good project
AdamCampbell
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April 14, 2018, 06:35:01 AM
 #15803

Omegapool has mined 52% of the last 100 blocks

Move along, nothing to see here.

A long post about Shariah acceptance or roadmaps should bury this notice soon enough.

I think this is a serious issue and should be addressed by the Bitcore team somehow (a statement to introduce the other existing pools to the community, contacting other pool owners to add Bitcore to their pool, etc.).

I was mining with all my rigs there in the past, but for the past two months or so, I have pointed 2/3rd of my BTX rigs to UMine and the remaining 1/3rd to Omegapool to have a part in distributing the hashrate (however small it might seem compared to the total network hashrate).

Omega has higher hashrate and higher fees, but I didn't abandon it completely because I heard that it is owned by one member of the Dev team and I thought that this way I can support the project too.
AdamCampbell
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April 14, 2018, 06:42:49 AM
 #15804

And also I recommend other miners to consider doing the same and distribute the hashrate evenly among other pools for the health of the network and the future of Bitcore.

PS. We still love you dear Omegapool owner!
psihotoc
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★YoBit.Net★ 1400+ Coins Exchange


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April 14, 2018, 06:52:50 AM
 #15805

Guys who are now mines in 1070 as with 6 cards out per day? Does it make sense to get a coin now?

Dr_Victor
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April 14, 2018, 07:04:41 AM
 #15806

As I can see omegapool does 28% of BTX (37.3 Gh/s / 131.9 Gh/s).

yobit.net is banned from signatures
AdamCampbell
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April 14, 2018, 07:13:47 AM
 #15807

Guys who are now mines in 1070 as with 6 cards out per day? ...

Mining with 6 GTX 1070's should get you around 1 to 1.2 BTX a day at the current price.

... Does it make sense to get a coin now?

Considering that the whole crypto market is kind of down at the moment (although signs of recovery are slowly appearing in the last few days), I still think mining makes sense if you have access to cheap electricity and want to hold the mined BTX for now.
ypsi
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April 14, 2018, 08:08:18 AM
 #15808

Omegapool has mined 52% of the last 100 blocks

Move along, nothing to see here.

A long post about Shariah acceptance or roadmaps should bury this notice soon enough.

Here it is, for I know scrolling is very hard.

If it isn't obvious. A pool being 51%, even if they were run by The Pope or Donald Trump or other pillars of honesty, should be of serious concern to everyone invested in BTX.
There was a single > 50% spike when the net hash dropped from ~135 to ~110 Gh/s for a little while, most likely when some other pool went offline.
Net hash is at ~125 Gh now and Omega is currently doing around 30-40% of the blocks which is fine.

--ypsi
agostine
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April 14, 2018, 08:18:49 AM
 #15809

It looks to me that we start going North.  Tongue

Peace
Holdi
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Just HODL


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April 14, 2018, 09:48:16 AM
 #15810

It looks to me that we start going North.  Tongue

Peace

I really hope so too.
Buying like a crazy  Grin

Real-Duke
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April 14, 2018, 09:52:49 AM
 #15811

It looks to me that we start going North.  Tongue

Peace

I really hope so too.
Buying like a crazy  Grin

Thanks for buying my dumping coins  Grin Tongue Tongue
Libert8
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April 14, 2018, 11:59:44 AM
 #15812

For this airdrop, Do I need to be opening my wallet 7/24? Or it is okay as long as I have btx in my walleT?
juhakall
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April 14, 2018, 12:00:02 PM
 #15813

Omegapool has mined 52% of the last 100 blocks

Move along, nothing to see here.

A long post about Shariah acceptance or roadmaps should bury this notice soon enough.

Here it is, for I know scrolling is very hard.

If it isn't obvious. A pool being 51%, even if they were run by The Pope or Donald Trump or other pillars of honesty, should be of serious concern to everyone invested in BTX.
There was a single > 50% spike when the net hash dropped from ~135 to ~110 Gh/s for a little while, most likely when some other pool went offline.
Net hash is at ~125 Gh now and Omega is currently doing around 30-40% of the blocks which is fine.

--ypsi

Are you serious? Look into Selfish Mining. Even 25% is alarming.

ttran2x
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April 14, 2018, 12:29:20 PM
 #15814

For this airdrop, Do I need to be opening my wallet 7/24? Or it is okay as long as I have btx in my walleT?

As long as you have btx in your wallet address and the address is registered to receive airdrop.
zdeni82
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April 14, 2018, 12:48:47 PM
 #15815

For this airdrop, Do I need to be opening my wallet 7/24? Or it is okay as long as I have btx in my walleT?

If you think staking then you need to
have wallet opened 24/7.
For the airdrops there is no need to have
wallet opened 24/7.
If you have more than 1 BTX then you will
receive the 8% of total coins that you have in the address you
registered before.
I hope that is more clear now Grin
 

tee-rex
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April 14, 2018, 01:12:44 PM
 #15816

Omegapool has mined 52% of the last 100 blocks

Move along, nothing to see here.

A long post about Shariah acceptance or roadmaps should bury this notice soon enough.

I think this is a serious issue and should be addressed by the Bitcore team somehow (a statement to introduce the other existing pools to the community, contacting other pool owners to add Bitcore to their pool, etc.).

I'm not very technically savvy about such matters, but wouldn't a PoS mining model block this attack vector for good and all? This is what I was asking the BTX team to do a few months ago (and I saw others suggest along the same lines). I think it is possible to switch to the PoS model via an interim hybrid model so that nobody would be seriously affected by this switch. Are the BTX developers able to do that thing? Frankly speaking, I have yet to see them do anything of real value and true innovation cryptotechnology related besides just painting the BTX wallet with pink colors.

Correct me if I'm wrong on this, and then I will happily stand corrected.
iwosh
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April 14, 2018, 01:41:30 PM
 #15817

Guys who are now mines in 1070 as with 6 cards out per day? ...

Mining with 6 GTX 1070's should get you around 1 to 1.2 BTX a day at the current price.

... Does it make sense to get a coin now?

Considering that the whole crypto market is kind of down at the moment (although signs of recovery are slowly appearing in the last few days), I still think mining makes sense if you have access to cheap electricity and want to hold the mined BTX for now.

Yes, if you believe the price of BTX will be higher when you sell, it does not matter what is the price now.
juhakall
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April 14, 2018, 01:41:37 PM
 #15818

Omegapool has mined 52% of the last 100 blocks

Move along, nothing to see here.

A long post about Shariah acceptance or roadmaps should bury this notice soon enough.

I think this is a serious issue and should be addressed by the Bitcore team somehow (a statement to introduce the other existing pools to the community, contacting other pool owners to add Bitcore to their pool, etc.).

I'm not very technically savvy about such matters, but wouldn't a PoS mining model block this attack vector for good and all? This is what I was asking the BTX team to do a few months ago (and I saw others suggest along the same lines). I think it is possible to switch to the PoS model via an interim hybrid model so that nobody would be seriously affected by this switch. Are the BTX developers able to do that thing? Frankly speaking, I have yet to see them do anything of real value and true innovation cryptotechnology related besides just painting the BTX wallet with pink colors.

Correct me if I'm wrong on this, and then I will happily stand corrected.

There's nothing wrong with the current mining model, except miners who for no rational reason flock to the biggest pool. Look at Bitcoin, pools there have operators who understand these things and the miners too understand their responsibilities better. The biggest pool is just barely 25%, exactly at the limits of this admittedly quite theoretical attack.

And isn't it obvious that making abrupt rule changes should only be used as a last resort when everything else has failed.

ciro1
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April 14, 2018, 02:37:07 PM
 #15819

For this airdrop, Do I need to be opening my wallet 7/24? Or it is okay as long as I have btx in my walleT?

You do not need to open your wallet. Just register your wallet address for the air drop and keep some btx in the wallet.

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jmvarner83
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April 14, 2018, 02:40:15 PM
 #15820

Mining diff and hash is low because of price.  As time goes on hash will distribute better.  51% attack is harder because there is no Nicehash rental / ASIC available.

PoS is a cop out solution and shouldn't be considered as a "fix" by any means.

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