[ANN] Official Cryptobits Info Thread. Pools, Config, Explorer and Bounties.

[Cryptobits]

Bitcointalk Official Cryptobits Announce.

Cryptobits (CYB) was designed with low block rewards and block times with aggressive retarget times to be used with our upcoming services. A total of 4 million coins will be produced.

Block Rewards:
2 * Coins per block
2 Minute Block Times
Retargets 10 Minutes.
4 Million Coins Total.
Rewards half every 4 years.
Confirms - 6 Blocks
Current Number of coins minted 25,000
Coins produced daily- 1320

Download

Version 1.3.0.0 beta-1a
http://www.mediafire.com/download/26iqtcypk6qmw5j/cryptobits-qt-1.3.rar
https://mega.co.nz/#!LZ90HSbS!V6GqcggitIbOJog7p0w8KStcrU9b6vlZuQ06pNjTPkY
Source https://github.com/Cryptomaker/Cryptobits
Fixes:
Added Checkpoints.
Released 7/27/13

Version 1.2.0.0 beta-1a
http://www.mediafire.com/download/g4pd5qbb6xx25dl/cryptobits-qt-1.2.rar
https://mega.co.nz/#!WdkV2J6K!bHYvVCGSSMiSTBIfARjhpQtnKeAOuGju7xJnFXK9Uoc
Fixes:
Network Fix.
Release Date 7/23/13

Version 1.1.0.0 beta-1a
http://www.mediafire.com/download/4cx8b34xsyx6sdb/cryptobits2.rar
Released 7/19/13


How to Install
Windows Users:
Download and extract the Windows QT file to C:\Users\**INSERTYOURUSERNAME**\AppData\Roaming\Cryptobits
Navigate to that folder by clicking the windows orb, search programs and files and type %appdata% then enter. Navigate to the cryptobits folder. Edit the cryptobits.conf file and change the user name and password. Save.
Double click the cryptobits-qt.exe
If no config file exists, right click in the Cryptobits folder, select text document and copy the following code. Changing your password and username.

Code:

rpcuser=USERNAME
rpcpassword=PASSWORD
rpcallowip=127.0.0.1
daemon=1
server=1
listen=1
rpcport=29992
port=29993
addnode=67.232.113.209
addnode=123.24.94.211
addnode=83.67.76.64
addnode=92.25.153.55
addnode=24.175.239.206
addnode=119.15.168.18
addnode=46.4.74.197
addnode=54.232.196.111
addnode=121.215.159.167
addnode=108.170.128.203
addnode=178.74.103.10

Click save as, change format down the bottom from .txt files to all files, name file cryptobits.conf and save. Then start the cryptobits windows-qt.

Mining-
For cgminer configs use the following set up
Bat File Example:

Code:

cgminer --scrypt -o 127.0.0.1:29992 -u USERNAME -p PASSWORD --shaders 1536 --intensity 17 --worksize 256 -g 1

Miner scan and queue times can be relaxed as the block times are 2 minutes.

Code:

{
"pools" : [
	{
		"url" : "127.0.0.1:29992",
		"user" : "YOURUSERNAME",
		"pass" : "YOURPASSWORD"
	}
]
,
"intensity" : "17",

Pools
http://cyb.coinmine.pl/index.php?page=home

Block Explorer
http://altcha.in/chain/Cryptobits

Official Links
Official Announce: https://cryptocointalk.com/topic/849-ann-cryptobits-cyb/
Official Forums: https://cryptocointalk.com/forum/292-cryptobits-cyb/
Official Website: Coming Soon.
Official Store: Coming Soon.
Auction House: Coming Soon
Support: https://cryptocointalk.com/topic/875-support/


Bounties:
20K Premine Total
Pools 1K CYB each , 1 claimed 2 Left.
Blockchain Browser with API 1K CYB x 1
Alternate Operating System Clients: 200 CYB each. Must post working download links.
Website Trading in Cryptobits 500 CYB x 2.
Exchange- 1500  CYB.
More to come.

Block may need to be mined on the network for client to sync. Jump in a pool to help it along.

Thanks to previous posters of the original announce.

[1715111151]

1715111151

[Cryptobits]

Reserved.

[vivabnet]

still not have website office and exchange

[Cryptobits]

Website and many features are coming.

The coin is only 5 days old and is now only gaining exposure.

An exchange will hopefully come in time.

[Cryptobits]

One of the hardest coins to mine that's for sure. Flash miners get diffed out pretty quick.

[diatonic]

I've set up an Abe based block explorer at http://altcha.in/chain/Cryptobits

Please send any donations or bounties to 6AbidesJHYwyoFbVWLVNPfdMr7hsJBv734

Thanks!

[Cryptobits]

Diatonic you are the man. I will send the as soon as I get home. Awesome stuff

[Cryptobits]

Added another give-away https://cryptocointalk.com/topic/888-cryptobits-giveaway-500-total/

[A L I E N]

This coin has a rapid difficulty adjustment so it is hard to mine, I'll give it a try.

[A L I E N]

One of the hardest coins to mine that's for sure. Flash miners get diffed out pretty quick.

So the difficulty adjusts every 5 blocks?

[emunebtk]

is a fast difficulty adjustment a good or bad thing in the long run?

[Cryptobits]

High diff adjustment is like any solution. The good with the bad. The high diff stops big hash rates pulling 200-1200 blocks at low diff before adjusting. The diff will retarget every 5 blocks therefore rewarding long term miners and not rewarding flash miners.

The difficulty will not get stuck at weeks and months out of control as you really need to mine out 5 blocks for the diff to start readjusting.

Current Network Status.

{
"blocks" : 4062,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 1.75748880,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 49134951,
"pooledtx" : 0,
"testnet" : false
}

[Cryptobits]

Update your clients to version 1.3
https://bitcointalk.org/index.php?topic=263470.0

[emunebtk]

updated and working great!

[gnode]

When will this get listed on an exchange??

[Shadey]

5xSBShFa87wc5tq2YBGFRxysgLDjSsLYS4 thanks!

[Cryptobits]

Update your clients to 1.4 to update checkpoints.

Download Link
Source
https://github.com/Cryptomaker/cryptobits

[gnode]

Vote to get CYB on Cryptsy!!!!

https://bitcointalk.org/index.php?topic=309704.new#new

[aa]

PUMP AND DUMP AND DEAD

[skl1]

Vote for CYB https://bitcointalk.org/index.php?topic=309704.0