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Author Topic: 🔥 BITSUM Coin launched  (Read 9384 times)
Hakamura
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April 20, 2018, 12:38:15 PM
 #521

Pretty young but very promising coin , interestingly currently it can mine even on the X86 processor , which is rare in our time , I ask the miners to support it.
mroctopus
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April 20, 2018, 05:02:31 PM
 #522

you are so greedy  Grin

Greedy? Are you serious, mroctopus?
Higher daily volume is better for the whole Bitsum project, including its miners, investors, traders. Do you agree with the point?

Let dev take their time. We need a better product before getting listed on binance.
zool2003
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April 20, 2018, 07:00:15 PM
 #523

you are so greedy  Grin

Greedy? Are you serious, mroctopus?
Higher daily volume is better for the whole Bitsum project, including its miners, investors, traders. Do you agree with the point?

Let dev take their time. We need a better product before getting listed on binance.

Agreed there is no rush and we don’t want the price to be going up and down like a yo-yo.

▬▬▬ I'm part of a movement to help make the forums a better place and free it of spam:▬▬▬
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ziyush (OP)
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April 27, 2018, 02:20:38 AM
 #524

Listed to cryptunit.com , now you can track mining profit
mroctopus
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May 01, 2018, 03:40:58 AM
 #525

Listed to cryptunit.com , now you can track mining profit
Could you give me exact link to the website which you mentioned in your thread, please.

https://www.cryptunit.com/
mroctopus
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May 02, 2018, 08:07:43 AM
 #526

Highly appreciate your help with link to the webiste, which is helpful to estimate mining profits.
However, block rewards for miners have been fallen significantly due to higher difficutly, higher total hashrates, and high price. All of them combine together to result in less rewards for miners.

You can only compare Bitsum block reward to other CN coins with "Algo: Cryptonight". Bitsum is owned by ASIC right now. Antminer L3 Cryptonight Miner can generate hashrate 220KH with power 550W only. it is much faster than AMD vega, known as the best GPU miner for Monero Cryptonight v7.
If you see carefully, mining profit for ASIC miners are generally greater than GPU miners. So let's curse the ASIC together. Cheesy
mroctopus
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May 02, 2018, 08:20:03 AM
 #527

For example.

2 x VEGA 56 cards to mine Monero :
hashrate ~ 4k h/s
power ~ 600W
hardware cost ~ 1400 USD
Monero daily profit ~ 6.5 USD

1 x Antminer x3 cryptonight :
hashrate ~ 220k h/s
power ~ 550W
hardware cost ~ 1900 USD
Bitsum daily profit ~ 50 USD

can you see the difference? Grin
phonglouis
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May 03, 2018, 06:12:57 AM
 #528

Price right now says nothing about this project, when this hits a decent exchange with more volume orders will come in
Most undervalued project in crypto right now
That exchange is only good to find projects like this before they hit good exchanges
mroctopus
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May 03, 2018, 07:05:58 AM
 #529

Price right now says nothing about this project, when this hits a decent exchange with more volume orders will come in
Most undervalued project in crypto right now
That exchange is only good to find projects like this before they hit good exchanges

5 BTC buy order in stocks.exchange
1 BTC buy order in TradeOgre
what will be the next? Grin
cuaso.tamhontoi
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May 03, 2018, 11:18:11 PM
 #530

For sure this is the first Uzbek cryptocurrency I am aware to have in fron of my eyes. The concept that this coin is Telegram based sounds very interesting, but beyond the sound I really didn't understand how the system works/would work. In the OP there is no mention of the state of the project. In the essence: a bit more of information could be useful.
trantrangg999
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May 05, 2018, 02:00:50 AM
 #531

What did you mean? What I have known (not about specific Cryptonight algorithm) generally is higher difficulty and higher total hashrates, lower rewards for each miners because the same block rewards for all. I guess what you implied is for Cryptonight algorithm, higher difficulty will automatically lead to adjustments about block rewards. Block rewards will be decreased, which in turn drop rewards for each miner. With the algo, block rewards are not fixed, it totally depend on difficulty, right?

Thank you.
ziyush (OP)
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May 06, 2018, 12:04:35 AM
 #532

For sure this is the first Uzbek cryptocurrency I am aware to have in fron of my eyes. The concept that this coin is Telegram based sounds very interesting, but beyond the sound I really didn't understand how the system works/would work. In the OP there is no mention of the state of the project. In the essence: a bit more of information could be useful.

Research about Cryptonight algorithm Coins and you will get a lot of information about coins
smile226688
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May 07, 2018, 09:26:48 AM
 #533

Great idea and great project. I hope this project will be successful. Always keep up the great work! Good luck to you all!
phonglouis
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May 08, 2018, 02:45:38 AM
 #534

seems like notging is working in crypto world last couple of days index down and bitsum falling like a rock when are finish fixing this problem 84.000 Bsm missing from my wallet😂
stephanie9428s
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May 08, 2018, 09:29:05 AM
 #535

It is a promising project in the future, I am really considering to join and i wish you the best, Good luck to all investors and developers !
ben2t
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May 15, 2018, 02:28:48 AM
 #536

seems like notging is working in crypto world last couple of days index down and bitsum falling like a rock when are finish fixing this problem 84.000 Bsm missing from my wallet😂


Stop spreading FUD. If you lost your coin go to Telegram chat and ask help. That's the only means to find out if you really lost your coin.
ziyush (OP)
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May 19, 2018, 06:20:33 AM
 #537

Today, Bitsum has rallied considerably (about 20%) after massive corrections of the whole crypto market passed.
Bytecoin has also risen significantly today, so I guess Bitsum will follow the movements of Bytecoin.

We have nothing to do with bytecoin
we have our own chain , yes we are fork but we are further developing this own our own.
ziyush (OP)
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May 20, 2018, 05:01:52 AM
 #538

seems like notging is working in crypto world last couple of days index down and bitsum falling like a rock when are finish fixing this problem 84.000 Bsm missing from my wallet😂


Price fluctuation is a part of crypto , so never think price will always go up
ziyush (OP)
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May 20, 2018, 05:09:24 AM
 #539

It is a promising project in the future, I am really considering to join and i wish you the best, Good luck to all investors and developers !

You are 100% going to get results in coming months
we are working hard on this.
ziyush (OP)
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May 21, 2018, 02:23:58 AM
 #540

Research about Cryptonight algorithm Coins and you will get a lot of information about coins
Any progress for the Bitsum project in the last two weeks, ziyush?
Furthermore, there are lots of exchanges for Cryptonight algorithm, such as the following ones:
https://www.southxchange.com/
https://nanex.co/
https://altex.exchange/
I hope to see Bitsum on more exchanges because it will help to rise liquidity of the coin, contribute to attract more investors into Bitsum project.

we are targeting big exchanges all these are small
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