[ANN][BTCZ] BitcoinZ - Low Fees, 100% Community, POW-Equihash No-Premine No-Tax

[crypt0r3x]

Can we sort out the block halving thing. In the BTCz forum under FAQ 15 is stats there will never be any block reward decrease? Someone can confirm my understanding?

Thanks for pointing that out. Apologies for the confusion.  It's been updated.  There will be a halving.

[elessil]

Wow, the price of Bitcoin Z has decreased under 100 satoshi again. However, it's still been one of the most profitable coin for miners with Equihash algorithm and big block rewards.
https://coinmarketcap.com/currencies/bitcoinz/

not for long...

[papagalli]

I am reading a lot of nonsense here. People don’t be pessimist. We are on the right way. Prices fluctuate time after time. Even big coins have ups and downs. For example, on June this year Ethereum in best days, was  in ratio ETH/BTC approximately 7.5/1, if I remember good. Today this ratio is around 18/1.

BTCZ is young (baby) coin, just two months old. We must care about our baby and else with come by the time. What you expected? To be billionaire during the night? Sorry.
 
Don’t care too much about “Hooper Miners” from Nicehash. This is positive if they help us in mining. Usually they mine, take profit and go. But they are part of the development of the coin. After selling their coins (dumping) they will be disappear. The price will come back again. It is a cycle.

Do your math. Actually in time of writing I see that mining BTCZ is still more profitable than mining Ethereum with actual hashrate and difficulty.
 
Sorry for my Tarzan English.

[allexywb]

COMMUNITY VOTE

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http://www.strawpoll.me/14358404

I am running a Digital Marketing Agency, we focus on SEO Services, but also do PPC, FB/ Instagram Ads etc.

I am coming with a marketing strategy, to be honest it is a totally different approach of what I am used to, please share ideas if any.

[Angelo38]

Please someone help me
my wallet is not synchronized

[bluspirit]

Please someone help me
my wallet is not synchronized

I had same problem first time I used the wallet.
After a while it started to work, so just wait.
Now it works fine and at the moment transactions are very fast!

[Dropsh0t]

As I see it is "community's project" so I ask most involved ones.
Add BitcoinZ coin to yobit.net exchange. It is quite big and open to new coins.
It is easy https://yobit.net/ru/addcoin/. I can add it myself but my application will habe less chances. Moreover I recommend to pay some fee. If exchange will add BitcoinZ it's price will certainly go up. Not sure about the moon but...

[bbkoopsta]

As I see it is "community's project" so I ask most involved ones.
Add BitcoinZ coin to yobit.net exchange. It is quite big and open to new coins.
It is easy https://yobit.net/ru/addcoin/. I can add it myself but my application will habe less chances. Moreover I recommend to pay some fee. If exchange will add BitcoinZ it's price will certainly go up. Not sure about the moon but...

I agree with you, also Cryptopia looks good for new coins too!

[SeedyMiner]

Well I have be posting about this nicehash problem for sometime now,these miners have no incentive to hold since fees need paid so they dump eating up buy orders for whatever price they can get,this is reason price crashes and difficulty increases but seems only us loyal miners can see this,I regularly see pool xyz advertising his nicehash port and I used to mine there till he started looking for nicehash miners,greed is a terrible thing and destroys great projects,we are not alone in this problem there are many other coins been damaged by this behaviour and left with sky high difficulty and low price after they dump

I completely get and respect what you are saying about Nicehash miners disrupting the BitcoinZ environment.  But I think we are stuck with them.

The community is working hard to promote the coin and attract attention.  Some of that attention is going to be from people who want to make a quick buck. In my opinion, that is OK because it gets the BitcoinZ name out there.  Everyone who makes a few dollars will remember BitcoinZ, will monitor its performance, and will probably help drive the price upwards again in the future.

Nicehash miners will come and go as the price rises and falls.  Those of us with a hodl strategy simply must hope that the long term price trend is positive and that those who sold during the recent price spike wish they had held onto their coins instead of selling for a quick profit.

Hi, Newb to mining, can someone explain how Nicehash is disrupting BTCZ?  Thanks!

The biggest problem from a miner’s perspective is that NiceHash miners come in and apply huge amounts of hashing power to a coin that has a relatively small amount of hashing power in its network.  This not only drives up difficulty, but it distorts results for everyone else.  Here is an example of someone adding more than 10 MSol/s of hashing power on Miningspeed’s pool for 30 minutes earlier this evening.  Note that he more than doubled the hashing power of the entire network.

https://imgur.com/a/x5dql

[realhellomoto]

As I see it is "community's project" so I ask most involved ones.
Add BitcoinZ coin to yobit.net exchange. It is quite big and open to new coins.
It is easy https://yobit.net/ru/addcoin/. I can add it myself but my application will habe less chances. Moreover I recommend to pay some fee. If exchange will add BitcoinZ it's price will certainly go up. Not sure about the moon but...

I agree with you, also Cryptopia looks good for new coins too!

Yobit will not add BitcoinZ, and Cryptopia is an option but it would cost a few BTC.

-hellomoto

[webrats]

Well I have be posting about this nicehash problem for sometime now,these miners have no incentive to hold since fees need paid so they dump eating up buy orders for whatever price they can get,this is reason price crashes and difficulty increases but seems only us loyal miners can see this,I regularly see pool xyz advertising his nicehash port and I used to mine there till he started looking for nicehash miners,greed is a terrible thing and destroys great projects,we are not alone in this problem there are many other coins been damaged by this behaviour and left with sky high difficulty and low price after they dump

I completely get and respect what you are saying about Nicehash miners disrupting the BitcoinZ environment.  But I think we are stuck with them.

The community is working hard to promote the coin and attract attention.  Some of that attention is going to be from people who want to make a quick buck. In my opinion, that is OK because it gets the BitcoinZ name out there.  Everyone who makes a few dollars will remember BitcoinZ, will monitor its performance, and will probably help drive the price upwards again in the future.

Nicehash miners will come and go as the price rises and falls.  Those of us with a hodl strategy simply must hope that the long term price trend is positive and that those who sold during the recent price spike wish they had held onto their coins instead of selling for a quick profit.

Hi, Newb to mining, can someone explain how Nicehash is disrupting BTCZ?  Thanks!

The biggest problem from a miner’s perspective is that NiceHash miners come in and apply huge amounts of hashing power to a coin that has a relatively small amount of hashing power in its network.  This not only drives up difficulty, but it distorts results for everyone else.  Here is an example of someone adding more than 10 MSol/s of hashing power on Miningspeed’s pool for 30 minutes earlier this evening.  Note that he more than doubled the hashing power of the entire network.

https://imgur.com/a/x5dql

I for one am guilty of this,  we REALLLLLY need to lower the payout for block.   I know a guy who own 1/4 of all the btcz coins, which is not good.

[samlaode]

As I see it is "community's project" so I ask most involved ones.
Add BitcoinZ coin to yobit.net exchange. It is quite big and open to new coins.
It is easy https://yobit.net/ru/addcoin/. I can add it myself but my application will habe less chances. Moreover I recommend to pay some fee. If exchange will add BitcoinZ it's price will certainly go up. Not sure about the moon but...

I agree with you, also Cryptopia looks good for new coins too!

Yobit will not add BitcoinZ, and Cryptopia is an option but it would cost a few BTC.

-hellomoto

Why will Yobit not add BitcoinZ? If dev want to list the coin on cryptopia, they will have to pay 5BTC to it. It is not cheap to get list on medium exchange.

[eksterVX]

Please someone help me
my wallet is not synchronized
http://oi63.tinypic.com/2cgofbk.jpg

First of all close the wallet application.

Then...

you have to go to application data... to fix it...

One of the ways to access it is by pressing "Windows" key on your keyboard with "R" that will bring up the Run command. Type in "%appdata%" then enter...

Bitcoinz folder and you should see file called bitcoinz.conf > Open it and use notepad to open the file

Paste this into it

addnode=62.12.7.151
addnode=[2604:a880:cad:d0::5e39:4001]
addnode=[2a01:4f8:c0c:3532::2]
addnode=[2a02:c207:2013:2448::1]
addnode=107.181.174.211
addnode=62.12.7.151
addnode=btcz.webrats.com
addnode=btcz.owlminingclub.com

save it and re-open your wallet

enjoy! 

[mtn1998]

Hi all,

How to config AMDs for mining Bitcoin Z? Which pools are the best for miners? Thank you all.

[Mindin]

Well I have be posting about this nicehash problem for sometime now,these miners have no incentive to hold since fees need paid so they dump eating up buy orders for whatever price they can get,this is reason price crashes and difficulty increases but seems only us loyal miners can see this,I regularly see pool xyz advertising his nicehash port and I used to mine there till he started looking for nicehash miners,greed is a terrible thing and destroys great projects,we are not alone in this problem there are many other coins been damaged by this behaviour and left with sky high difficulty and low price after they dump

I completely get and respect what you are saying about Nicehash miners disrupting the BitcoinZ environment.  But I think we are stuck with them.

The community is working hard to promote the coin and attract attention.  Some of that attention is going to be from people who want to make a quick buck. In my opinion, that is OK because it gets the BitcoinZ name out there.  Everyone who makes a few dollars will remember BitcoinZ, will monitor its performance, and will probably help drive the price upwards again in the future.

Nicehash miners will come and go as the price rises and falls.  Those of us with a hodl strategy simply must hope that the long term price trend is positive and that those who sold during the recent price spike wish they had held onto their coins instead of selling for a quick profit.

Hi, Newb to mining, can someone explain how Nicehash is disrupting BTCZ?  Thanks!

The biggest problem from a miner’s perspective is that NiceHash miners come in and apply huge amounts of hashing power to a coin that has a relatively small amount of hashing power in its network.  This not only drives up difficulty, but it distorts results for everyone else.  Here is an example of someone adding more than 10 MSol/s of hashing power on Miningspeed’s pool for 30 minutes earlier this evening.  Note that he more than doubled the hashing power of the entire network.

I for one am guilty of this,  we REALLLLLY need to lower the payout for block.   I know a guy who own 1/4 of all the btcz coins, which is not good.

When someone owns 1/4 of all the coins, that is like a de facto premine and will function as a deterrent for regular (small time) gpu miners. Thanks for nothing NiceHash, thank you for destroying the coin for the rest of us.

[swisstrader]

Just requested BTCZ support for the WalletGenerator.net
Will keep the community informed.

-swisstrader

[e4f4]

Could you make an application auto-restart when an error occurs during overclocking? How is it done in EWBF?

Tnx you.

I think ive read that there is a solution somewhere in   https://bitcointalk.org/index.php?board=160.0   

Mining section.

Or google it.

[timlaitoi]

Is it still profitable recent days, by which I mean for miners?

[cryptobert]

Is it still profitable recent days, by which I mean for miners?

mining and hold for long term mate
btcz will hit 0.1 $

[soggyminer]

Miningspeed and suprnova pages down for anyone else?