🤖[ANN][BIS]Bismuth 2.0 - Beyond DeFi

[Kriptobt1]

BISMUTH team released a report for the past month, on the work done, the latest news and the most relevant events for this period
https://hypernodes.bismuth.live/?p=1003

[EggdraSyl]

And here is a new exchange for Bismuth

https://hypernodes.bismuth.live/?p=1016

[EggdraSyl]

Official FAQ about the upcoming Hard Fork:


https://hypernodes.bismuth.live/?p=1012

[arielbit]

Any chance of a CPU miner being released?

CPU mining is not an obstacle, but is not profitable at all.
BIS is a GPU coin, with specific algo to heavily penalize fpgas and asics from common algorithms.

There are discussions about a potential use of mining channels to have both GPU and CPU mining going on, but nothing practical as for now.

I personally believe that GPU is still the better path to hash power decentralization.

i highly doubt that only GPUs are mining this, if an algo can be reasonably mined by shitty old GPUs then FPGAs can do it profitably. maybe a 8gb minimum ram requirement for GPU's can be a good start, ETH crossed the 3gb minimum, BIS is currently at what?

BTW that "unnamed exchange" has an interface that looks like cryptopia LOL 

[bit-signal]

First real world Bismuth payment for a bicycle repair service.
Crypto $BIS blockchain tx: MEQCIFFoRbrYs3N2PGmWR+AdGNWHkhzoSXqbyXTmZK3S1brmAiACQx+/

https://twitter.com/portait/status/1197863821257388032

[EggdraSyl]

Any chance of a CPU miner being released?

CPU mining is not an obstacle but is not profitable at all.
BIS is a GPU coin, with specific algo to heavily penalize FPGAs and asics from common algorithms.

There are discussions about potential use of mining channels to have both GPU and CPU mining going on, but nothing practical as for now.

I personally believe that GPU is still the better path to hash power decentralization.

i highly doubt that only GPUs are mining this, if an algo can be reasonably mined by shitty old GPUs then FPGAs can do it profitably. maybe a 8gb minimum ram requirement for GPU's can be a good start, ETH crossed the 3gb minimum, BIS is currently at what?

BTW that "unnamed exchange" has an interface that looks like cryptopia LOL 

Before our heavy3 algo, we had an FPGA mining op taking most of the rewards for a while.
The heavy3 algo was tailored to address that, and so far I have no hint that bis is mined by FPGA.
It's not only a question of total ram, but also of random reads and ram bandwidth.
GPU has better ram bandwidth than what fpga can do. And mining bis would require high end fpgas anyway, with ram. Becomes more common, but still.
With heavy3, simulations show that high end fpga can mine bis, but with no real leverage over GPUs, because of ram bandwidth..

If you have some insight info, or hints that bis is mined by fpga, please tell me more. If we have doubts, that will be addressed.
Btw, we are not against fpgas by principle. We are against hash power centralization, and one mining op, or one small class of miner taking all.

[arielbit]

Any chance of a CPU miner being released?

CPU mining is not an obstacle but is not profitable at all.
BIS is a GPU coin, with specific algo to heavily penalize FPGAs and asics from common algorithms.

There are discussions about potential use of mining channels to have both GPU and CPU mining going on, but nothing practical as for now.

I personally believe that GPU is still the better path to hash power decentralization.

i highly doubt that only GPUs are mining this, if an algo can be reasonably mined by shitty old GPUs then FPGAs can do it profitably. maybe a 8gb minimum ram requirement for GPU's can be a good start, ETH crossed the 3gb minimum, BIS is currently at what?

BTW that "unnamed exchange" has an interface that looks like cryptopia LOL  

Before our heavy3 algo, we had an FPGA mining op taking most of the rewards for a while.
The heavy3 algo was tailored to address that, and so far I have no hint that bis is mined by FPGA.
It's not only a question of total ram, but also of random reads and ram bandwidth.
GPU has better ram bandwidth than what fpga can do. And mining bis would require high end fpgas anyway, with ram. Becomes more common, but still.
With heavy3, simulations show that high end fpga can mine bis, but with no real leverage over GPUs, because of ram bandwidth..

If you have some insight info, or hints that bis is mined by fpga, please tell me more. If we have doubts, that will be addressed.
Btw, we are not against fpgas by principle. We are against hash power centralization, and one mining op, or one small class of miner taking all.

why not use both, size and bandwidth?

the latest fpga's do have high bandwidth.  https://www.xilinx.com/products/technology/memory.html

look at cortex requirement memory is "GPU Memory > 10.7G" ...LOL, that's something.  

looking at https://www.xilinx.com/products/technology/memory.html#internalMemory max is 8GB for the very high end. that can't mine the coin that needs 10.7G.

[bit-signal]

NOTE: Critical fix
Upgrade your Bismuth nodes to version 4.4.0.7
https://github.com/bismuthfoundation/Bismuth/releases/tag/v4.4.0.7

[casper77]

payment from eggpool still not on my wallet
more than 6 hours
this has never happened before

[HCLivess]

payment from eggpool still not on my wallet
more than 6 hours
this has never happened before

Hi, there was a mempool bug that should be fixed now, and pools were not mining txs for some reason. Ask him to check your transaction if he hasn't sent it yet. It will have to be processed manually.

[Bismuth Foundation]

Latest release with mempool fix is out.
https://github.com/bismuthfoundation/Bismuth/releases/tag/v4.4.0.9

cd
rm master.zip
rm -rd Bismuth-master
wget https://github.com/bismuthfoundation/Bismuth/archive/master.zip
unzip master.zip
rm Bismuth-master/config.txt
cp -a ./Bismuth-master/. ./Bismuth/


Then restart the node:
cd Bismuth;python3.7 commands.py stop

[JimmyJoeFX]

Any chance of a CPU miner being released?

CPU mining is not an obstacle but is not profitable at all.
BIS is a GPU coin, with specific algo to heavily penalize FPGAs and asics from common algorithms.

There are discussions about potential use of mining channels to have both GPU and CPU mining going on, but nothing practical as for now.

I personally believe that GPU is still the better path to hash power decentralization.

i highly doubt that only GPUs are mining this, if an algo can be reasonably mined by shitty old GPUs then FPGAs can do it profitably. maybe a 8gb minimum ram requirement for GPU's can be a good start, ETH crossed the 3gb minimum, BIS is currently at what?

BTW that "unnamed exchange" has an interface that looks like cryptopia LOL  

Before our heavy3 algo, we had an FPGA mining op taking most of the rewards for a while.
The heavy3 algo was tailored to address that, and so far I have no hint that bis is mined by FPGA.
It's not only a question of total ram, but also of random reads and ram bandwidth.
GPU has better ram bandwidth than what fpga can do. And mining bis would require high end fpgas anyway, with ram. Becomes more common, but still.
With heavy3, simulations show that high end fpga can mine bis, but with no real leverage over GPUs, because of ram bandwidth..

If you have some insight info, or hints that bis is mined by fpga, please tell me more. If we have doubts, that will be addressed.
Btw, we are not against fpgas by principle. We are against hash power centralization, and one mining op, or one small class of miner taking all.

why not use both, size and bandwidth?

the latest fpga's do have high bandwidth.  https://www.xilinx.com/products/technology/memory.html

look at cortex requirement memory is "GPU Memory > 10.7G" ...LOL, that's something.  

looking at https://www.xilinx.com/products/technology/memory.html#internalMemory max is 8GB for the very high end. that can't mine the coin that needs 10.7G.

This would render the large majority of GPUs useless and will lead to a drastic drop in hashrate. Only xx80TIs will be avle to mine it. Not sure whether that would be good for decentralization.

[arielbit]

Any chance of a CPU miner being released?

CPU mining is not an obstacle but is not profitable at all.
BIS is a GPU coin, with specific algo to heavily penalize FPGAs and asics from common algorithms.

There are discussions about potential use of mining channels to have both GPU and CPU mining going on, but nothing practical as for now.

I personally believe that GPU is still the better path to hash power decentralization.

i highly doubt that only GPUs are mining this, if an algo can be reasonably mined by shitty old GPUs then FPGAs can do it profitably. maybe a 8gb minimum ram requirement for GPU's can be a good start, ETH crossed the 3gb minimum, BIS is currently at what?

BTW that "unnamed exchange" has an interface that looks like cryptopia LOL  

Before our heavy3 algo, we had an FPGA mining op taking most of the rewards for a while.
The heavy3 algo was tailored to address that, and so far I have no hint that bis is mined by FPGA.
It's not only a question of total ram, but also of random reads and ram bandwidth.
GPU has better ram bandwidth than what fpga can do. And mining bis would require high end fpgas anyway, with ram. Becomes more common, but still.
With heavy3, simulations show that high end fpga can mine bis, but with no real leverage over GPUs, because of ram bandwidth..

If you have some insight info, or hints that bis is mined by fpga, please tell me more. If we have doubts, that will be addressed.
Btw, we are not against fpgas by principle. We are against hash power centralization, and one mining op, or one small class of miner taking all.

why not use both, size and bandwidth?

the latest fpga's do have high bandwidth.  https://www.xilinx.com/products/technology/memory.html

look at cortex requirement memory is "GPU Memory > 10.7G" ...LOL, that's something.  

looking at https://www.xilinx.com/products/technology/memory.html#internalMemory max is 8GB for the very high end. that can't mine the coin that needs 10.7G.

This would render the large majority of GPUs useless and will lead to a drastic drop in hashrate. Only xx80TIs will be avle to mine it. Not sure whether that would be good for decentralization.

that's why i said that maybe 8gb is a good start.

i think cortex is 8gb minimum, i was looking at gminer thread-8gb 1080 was mentioned mining.

[HCLivess]

qTrader automatic trading bot released for free. Lets you accumulate / distribute at the best price or trade for profit. Feel free to use it on Bismuth and support trading volumes so we can get on Alameda's FTX. They already agreed to list us once we get to 1m volume 

https://bitcointalk.org/index.php?topic=5206250.0

[HCLivess]

Personal $bis roadmap update.
- shielded tokens done
- explorer API done
- game stalled because not original enough, reconsidering
- Twitter alternative foregone because nobody would use it
- IPFS CLI wallet integration in progress
- sshauto ready
- qTrade bot ready

[Piston Honda]

super super work gents.  i still think this has great potential to get moving in various ways.

any news for more exchanges tho?

[HCLivess]

super super work gents.  i still think this has great potential to get moving in various ways.

any news for more exchanges tho?

There are too many exchanges to keep alive at the moment. We do not plan to pay for any more listings in the near future. We are, of course, ready to discuss terms with Binance.

[whotheff]

Why Bismuth exists? Does it have a real world goal?
How is it better than Ethereum for example?

Thank you

[Piston Honda]

Why Bismuth exists? Does it have a real world goal?
How is it better than Ethereum for example?

Thank you

Why Bismuth exists?  - BECAUSE STONE COLD SAYS SO!!!
Does it have a real world goal? - Yes, the same thing they do every night, Pinky - try to take over the world!
How is it better than Ethereum for example? - ummm let's see, their lead dev isn't a weird pedo dude (but they are both hella smart, i'll give you that), bis does not do questionable decision marking/forks and business moves which are very close to unlawful, bis staff don't get arrested by the CIA/FBI/US GOV for going to work with the North Koreans, bis is way quicker and easier to use and understand, bis hasn't been pumped and dump x10000 to hell, nor is it nearly as easy to manipulate on the markets, bis doesn't have dreamers who have to wait for the market to pump their bags like eth, bis seems to be less prone to attacks.  sadly the ONLY thing bis lacks vs. eth is volume and exchange exposure..................and marketing lol

[othell_rogue]

Why Bismuth exists? Does it have a real world goal?
How is it better than Ethereum for example?

Thank you

Why Bismuth exists?  - BECAUSE STONE COLD SAYS SO!!!
Does it have a real world goal? - Yes, the same thing they do every night, Pinky - try to take over the world!
How is it better than Ethereum for example? - ummm let's see, their lead dev isn't a weird pedo dude (but they are both hella smart, i'll give you that), bis does not do questionable decision marking/forks and business moves which are very close to unlawful, bis staff don't get arrested by the CIA/FBI/US GOV for going to work with the North Koreans, bis is way quicker and easier to use and understand, bis hasn't been pumped and dump x10000 to hell, nor is it nearly as easy to manipulate on the markets, bis doesn't have dreamers who have to wait for the market to pump their bags like eth, bis seems to be less prone to attacks.  sadly the ONLY thing bis lacks vs. eth is volume and exchange exposure..................and marketing lol

Piston Honda knows! Piston Honda knows! )
True this is true, GOD bless the project and the team behind.
Happy Holidays all community members and team Bismuth! God bless you all!