[ANN] GOBYTE [GBX] - Masternodes, PoW, Secure, ASIC Resistance, GoByte Pay

[gobyte]

Listing on HitBTC (February)
https://coindar.org/en/event/gobyte-gbx-listing-on-hitbtc-2692
Listing on KuCoin (February)
https://coindar.org/en/event/gobyte-gbx-listing-on-kucoin-2691

That's cool

+1

We do not claim these rumors.
There is no set date.

[1714034084]

1714034084

[1714034084]

1714034084

[1714034084]

1714034084

[Nebell]

Can someone explain this difficulty spike?
There doesn't seem to be much difference in hash rate, but difficulty suddenly spikes 3x for a couple of hours and then drops down.
I have not seen this happening with most other coins. GoByte difficulty is often very spiky.

Why is that?

[tribanogrami]

Hi all. I just bought 1000gbx and wanted to run masternods but never did. Can me someone help? And I would like to know the computer must be on 24 hours a day with masternode?

We recommend you to host the masternode on a VPS.
Use https:// coinwatch.center/?r=50

Thank you very much. What other VPS services are there? More simple I am interested in. I'm just not particularly versed in these matters.

[gobyte]

Can someone explain this difficulty spike?
There doesn't seem to be much difference in hash rate, but difficulty suddenly spikes 3x for a couple of hours and then drops down.
I have not seen this happening with most other coins. GoByte difficulty is often very spiky.

Why is that?

The difficulty is recalculated every block according to the hash rate at that moment.
As the hashrate increases, the difficulty increases.

[Cymatoxa]

Hi all. I just bought 1000gbx and wanted to run masternods but never did. Can me someone help? And I would like to know the computer must be on 24 hours a day with masternode?

We recommend you to host the masternode on a VPS.
Use https:// coinwatch.center/?r=50

Thank you very much. What other VPS services are there? More simple I am interested in. I'm just not particularly versed in these matters.

I am also very interested in this information. Who on any VPS services keeps their masternode?

[Cymatoxa]

Please tell me which VPS is better to do masternode? I have Windows 7 I can install or do need windows 10?

[Nebell]

It is cycle of hashrates-difficulty

I'm not sure that's the case. While the hashrate increases 20%, the difficulty goes up 300%. This is not normal.

The difficulty is recalculated every block according to the hash rate at that moment.
As the hashrate increases, the difficulty increases.

I can live with steady increase/decrease in difficulty, but if it's going to spike like crazy making your profits extremely unsteady, then it's a serious issue for mining.

With this coin there's no way to calculate 24h profits.
You can have 1.5GBX/24h with 35mil hashrate, and suddenly 0.8GBX with 40mil hashrate.

[gobyte]

It is cycle of hashrates-difficulty

I'm not sure that's the case. While the hashrate increases 20%, the difficulty goes up 300%. This is not normal.

The difficulty is recalculated every block according to the hash rate at that moment.
As the hashrate increases, the difficulty increases.

I can live with steady increase/decrease in difficulty, but if it's going to spike like crazy making your profits extremely unsteady, then it's a serious issue for mining.

With this coin there's no way to calculate 24h profits.
You can have 1.5GBX/24h with 35mil hashrate, and suddenly 0.8GBX with 40mil hashrate.

Is this, or not to mine at all. If the difficulty would be steady, imagine what NH would do ^_^
They would mine 10000x times your power.

[firefueled]

Is the translation bounty available to anyone for any language?
I could do Brazilian Portuguese.

[Nebell]

It is cycle of hashrates-difficulty

I'm not sure that's the case. While the hashrate increases 20%, the difficulty goes up 300%. This is not normal.

The difficulty is recalculated every block according to the hash rate at that moment.
As the hashrate increases, the difficulty increases.

I can live with steady increase/decrease in difficulty, but if it's going to spike like crazy making your profits extremely unsteady, then it's a serious issue for mining.

With this coin there's no way to calculate 24h profits.
You can have 1.5GBX/24h with 35mil hashrate, and suddenly 0.8GBX with 40mil hashrate.

Is this, or not to mine at all. If the difficulty would be steady, imagine what NH would do ^_^
They would mine 10000x times your power.

Well if NiceHash was to jump on GoByte then it would profit us all. You would get more hashrate to process your transactions and I would move to another coin with more stable difficulty where I can calculate my 24h profit.
Right now I have to predict when the difficulty is going to spike 300% for no apparent reason.
If NiceHash is jumping on GoByte then why is hashrate barely going up while the difficulty spikes 300%?

[gobyte]

It is cycle of hashrates-difficulty

I'm not sure that's the case. While the hashrate increases 20%, the difficulty goes up 300%. This is not normal.

The difficulty is recalculated every block according to the hash rate at that moment.
As the hashrate increases, the difficulty increases.

I can live with steady increase/decrease in difficulty, but if it's going to spike like crazy making your profits extremely unsteady, then it's a serious issue for mining.

With this coin there's no way to calculate 24h profits.
You can have 1.5GBX/24h with 35mil hashrate, and suddenly 0.8GBX with 40mil hashrate.

Is this, or not to mine at all. If the difficulty would be steady, imagine what NH would do ^_^
They would mine 10000x times your power.

Well if NiceHash was to jump on GoByte then it would profit us all. You would get more hashrate to process your transactions and I would move to another coin with more stable difficulty where I can calculate my 24h profit.
Right now I have to predict when the difficulty is going to spike 300% for no apparent reason.
If NiceHash is jumping on GoByte then why is hashrate barely going up while the difficulty spikes 300%?

That's not how it works. Ever heard of stuck chains?
Miners mine at 300 diff. Nicehash comes in, mines 24 blocks at 300 difficulty, difficulty is retargeting at 3000, chain gets stuck for 3 days. Because you will have to pusj 24 blocks at 3000 difficulty with 10 Ghs

[Nebell]

It is cycle of hashrates-difficulty

I'm not sure that's the case. While the hashrate increases 20%, the difficulty goes up 300%. This is not normal.

The difficulty is recalculated every block according to the hash rate at that moment.
As the hashrate increases, the difficulty increases.

I can live with steady increase/decrease in difficulty, but if it's going to spike like crazy making your profits extremely unsteady, then it's a serious issue for mining.

With this coin there's no way to calculate 24h profits.
You can have 1.5GBX/24h with 35mil hashrate, and suddenly 0.8GBX with 40mil hashrate.

Is this, or not to mine at all. If the difficulty would be steady, imagine what NH would do ^_^
They would mine 10000x times your power.

Well if NiceHash was to jump on GoByte then it would profit us all. You would get more hashrate to process your transactions and I would move to another coin with more stable difficulty where I can calculate my 24h profit.
Right now I have to predict when the difficulty is going to spike 300% for no apparent reason.
If NiceHash is jumping on GoByte then why is hashrate barely going up while the difficulty spikes 300%?

That's not how it works. Ever heard of stuck chains?
Miners mine at 300 diff. Nicehash comes in, mines 24 blocks at 300 difficulty, difficulty is retargeting at 3000, chain gets stuck for 3 days. Because you will have to pusj 24 blocks at 3000 difficulty with 10 Ghs

Yeah but why does this only happen to GoByte?
Why can't it be more like this?
https://www.crypto-coinz.net/coin-info/?7-BitcoinZ-BTCZ-Equihash-calculator/
BitcoinZ is one of the top coins to mine.

[gobyte]

It is cycle of hashrates-difficulty

I'm not sure that's the case. While the hashrate increases 20%, the difficulty goes up 300%. This is not normal.

The difficulty is recalculated every block according to the hash rate at that moment.
As the hashrate increases, the difficulty increases.

I can live with steady increase/decrease in difficulty, but if it's going to spike like crazy making your profits extremely unsteady, then it's a serious issue for mining.

With this coin there's no way to calculate 24h profits.
You can have 1.5GBX/24h with 35mil hashrate, and suddenly 0.8GBX with 40mil hashrate.

Is this, or not to mine at all. If the difficulty would be steady, imagine what NH would do ^_^
They would mine 10000x times your power.

Well if NiceHash was to jump on GoByte then it would profit us all. You would get more hashrate to process your transactions and I would move to another coin with more stable difficulty where I can calculate my 24h profit.
Right now I have to predict when the difficulty is going to spike 300% for no apparent reason.
If NiceHash is jumping on GoByte then why is hashrate barely going up while the difficulty spikes 300%?

That's not how it works. Ever heard of stuck chains?
Miners mine at 300 diff. Nicehash comes in, mines 24 blocks at 300 difficulty, difficulty is retargeting at 3000, chain gets stuck for 3 days. Because you will have to pusj 24 blocks at 3000 difficulty with 10 Ghs

Yeah but why does this only happen to GoByte?
Why can't it be more like this?
https://www.crypto-coinz.net/coin-info/?7-BitcoinZ-BTCZ-Equihash-calculator/
BitcoinZ is one of the top coins to mine.

It is a totally different algorithm.

[solotraderbct]

Hey,
I really like the GoByte project and I've started investing. Best luck to us all!

@gobyte:

TRANSLATION BOUNTY

As a German native speaker I'm interested in translating your post from the English to the German language.
Pls, contact me if you're still looking for someone!

I wanna translate into Vietnamese, too dev. Vietnam has big community for crypto, so I think it's great if I can give them details about Gobyte via translation.

[gobyte]

No translation bounties for now.

[Cymatoxa]

Wanted to ask experienced people. Do you think this coin will reach prices of$ 100 per share soon?

[TAGTRAUM]

Wanted to ask experienced people. Do you think this coin will reach prices of$ 100 per share soon?

In general any coin can reaach much bigger, we all decide it, perfect community and great Dev is key to success 

[stereo117]

Wanted to ask experienced people. Do you think this coin will reach prices of$ 100 per share soon?

In general any coin can reaach much bigger, we all decide it, perfect community and great Dev is key to success 

I'm following their discord channnel actively for some weeks now and I already have a good feeling with this.

BTW:
I don't wanna convince you of GBX with that, just saying that you can make up your own mind there.
(since this is only an announcement and not a discussion thread)

[bitChipper]

Wanted to ask experienced people. Do you think this coin will reach prices of$ 100 per share soon?

considering the recent popularity of masternode coins its possible gbx could be $100 one day but i wouldnt count on it anytime soon

we will see what 2018 brings

[Cymatoxa]

The current schedule is at the stage of the third wave. And I think that the price will soon reach 150$. Who agrees with me? Write your thoughts