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Author Topic: [ANN][BTCZ] BitcoinZ - zkSNARKs 21b max POW-Zhash No-Premine No-Dev Tax  (Read 70637 times)
rejestracyjny
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April 28, 2018, 12:14:21 AM
 #861

What is wrong with all this people mining on Supernova holding 50% of hashrate?

Network hashrate 6,8MSol
Supernova hashrate 3,08MSol

But yes, we need move 1M Supernova hashrate to other pools. I think we need just waiting. New people chooses donating pools.
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April 28, 2018, 12:33:22 AM
 #862

Moving our ANN did a lot of damage but hopefully, this can be rebuild.. over time.

I totally agree with you. 340 pages go to trash now. This is sad. Community can't close only on discord/telegram/slack. We're there so active! If we talk more here,  ppl more focused on us. Investors firstly check ANN!
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April 28, 2018, 01:41:46 AM
 #863

Listing a low market cap coin on a huge exchange is not a good idea.

Look what happened to SunContract. Hard working developers, very promising future project yet it's listed on OKEX and the day traders are playing with it because few times they traded 35% of the market cap in one day.
It's ridiculous.

You write this like it is something bad.

I thing we need to stress test BTCZ to the max!  Think of the publicity and the ability to see if the network can handle the hundreds of millions of Bitcoin Zs being traded every day.

This coin is starting to get boring.  Time to put some life into it.  If it survives the stress test of greedy, manipulative and maniacal day traders it will be huge!
Pcgamer34
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April 28, 2018, 03:05:18 AM
 #864

I need a stress test for that day too!
FollowWings
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April 28, 2018, 10:28:59 AM
 #865

" I have Only this old Phony, but still, keeping up with #technology !! "
#TxtZ hears you! You want widthraw/ receive $BTCZ by #SMS, no internet? You need it? Let me hears your motofreaking Noise!!
https://i.imgur.com/GtiTxK0.png

https://twitter.com/FollowWings8/status/990173852541050880?s=19
stonesourcery
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April 28, 2018, 10:41:59 AM
 #866

Please change coinmarketcap link to this ANN.

I think it would show both ANNs.

I agree-
a)  to show the depth of community involvement & support and reflect the amount of time since project launch

besides that- I only just discovered this coin/community less than a week ago and am going through the first ANN' 340 pages researching the history and noting interesting points relative & very relevant to my interests in this project

BESIDES which IF you point to the last post in the original ANN that brings you to the beginning of THIS ONE

[/quote]
New ANN thread managed by BitcoinZ Community:
https://bitcointalk.org/index.php?topic=3086664.0

ANN thread will be managed by community leads.
[/quote

& in that way new reader can see both ANN's and have access to all the discussion(s)


midvoc
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April 28, 2018, 01:02:42 PM
 #867

Hey all,

Can I solomine Btcz?

If so how would I do this and is it worthwhile?

I have a 6Gb 1060 card btw.

Thanks for any responses Wink)
Texacha
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April 28, 2018, 02:25:51 PM
 #868

With just 1x 1060, there is no point.
Join some big pool and you will get ~200 BTCZ every day with one 1060

I have no affiliate link, no bounty, no signature campaign... Only Proof Of Work!
FollowWings
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April 28, 2018, 03:29:56 PM
 #869

Hey all,

Can I solomine Btcz?

If so how would I do this and is it worthwhile?

I have a 6Gb 1060 card btw.

Thanks for any responses Wink)

While mine at pool whatch for found blocks, if you dont find it means it isnt worthy to mine solo.
At pool you get a part what others found and if you find a block you split and share for everyone..
Solo its worthy to find, you get 12.500BtcZ by one block. At solo you have equal chance to get one block against huge mining farms but if there are so many solo miner means less chance to earn BtcZ then at pools (based on avg day earnings).

Solo pool: (shares doesnt mean anything here)
https://zsolo.bid/bitcoinz-solo-mining.html
JustAnotherYou
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April 28, 2018, 04:00:52 PM
 #870

Hey all,

Can I solomine Btcz?

If so how would I do this and is it worthwhile?

I have a 6Gb 1060 card btw.

Thanks for any responses Wink)

While mine at pool whatch for found blocks, if you dont find it means it isnt worthy to mine solo.
At pool you get a part what others found and if you find a block you split and share for everyone..
Solo its worthy to find, you get 12.500BtcZ by one block. At solo you have equal chance to get one block against huge mining farms but if there are so many solo miner means less chance to earn BtcZ then at pools (based on avg day earnings).

Solo pool: (shares doesnt mean anything here)
https://zsolo.bid/bitcoinz-solo-mining.html

is it possible to count the exact hashrate, when solo mining starts becoming profitable?
say, I have about 6 ksol in my gpu's, is it worth considering solo?
Texacha
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April 28, 2018, 05:20:20 PM
 #871

At solo you have equal chance to get one block against huge mining farms
What??
You actually have chance close to zero.
Imagine if you mine with 300sol/s (one 1060) and big pool has hundreds of miners with 6-card rigs. Your odds are everything, just not equal!

I have no affiliate link, no bounty, no signature campaign... Only Proof Of Work!
Kassolari
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April 28, 2018, 07:00:09 PM
 #872

Well odds are proportional. If u get lucky You win 12500 coins. otherwise You can get 100 per day... it is so called Lucky parameter:)
ig700
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April 28, 2018, 07:21:01 PM
 #873

Hi,

I have an issue when I run a brand new PC wallet:

A general unexpected critical error has occurred:
error: couldnt connect to server: EOF reached (code 1)
(make sure server is running and you are connecting to the correct RPC port)
See the console/logfile output for more detailed error information!

Could someone help me with this issue?

Thanks


Hi,

If someone knows how to solve this issue, could please share the information?

Thanks
Nebell
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April 28, 2018, 07:39:56 PM
 #874

Listing a low market cap coin on a huge exchange is not a good idea.

Look what happened to SunContract. Hard working developers, very promising future project yet it's listed on OKEX and the day traders are playing with it because few times they traded 35% of the market cap in one day.
It's ridiculous.

You write this like it is something bad.

I thing we need to stress test BTCZ to the max!  Think of the publicity and the ability to see if the network can handle the hundreds of millions of Bitcoin Zs being traded every day.

This coin is starting to get boring.  Time to put some life into it.  If it survives the stress test of greedy, manipulative and maniacal day traders it will be huge!


Because it IS a bad thing.
If more than 20% of a coin is traded it can easily be pumped/dumped/pumped/dumped. And BTCZ has low market cap. Day traders are cancer for low market coins.

BitcoinZ - community driven, no premine, no dev-tax, developers always welcome
https://bitcointalk.org/index.php?topic=3086664
https://btcz.rocks/
Adrianna81
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April 28, 2018, 10:35:57 PM
 #875

Listing a low market cap coin on a huge exchange is not a good idea.

Look what happened to SunContract. Hard working developers, very promising future project yet it's listed on OKEX and the day traders are playing with it because few times they traded 35% of the market cap in one day.
It's ridiculous.

You write this like it is something bad.

I thing we need to stress test BTCZ to the max!  Think of the publicity and the ability to see if the network can handle the hundreds of millions of Bitcoin Zs being traded every day.

This coin is starting to get boring.  Time to put some life into it.  If it survives the stress test of greedy, manipulative and maniacal day traders it will be huge!


Because it IS a bad thing.
If more than 20% of a coin is traded it can easily be pumped/dumped/pumped/dumped. And BTCZ has low market cap. Day traders are cancer for low market coins.

When BTCZ get listet to 3-4 big exchanges, lots traders buy it to transfer across exchenges. Fee is ultra low.
Texacha
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April 28, 2018, 10:55:46 PM
 #876

Well odds are proportional. If u get lucky You win 12500 coins. otherwise You can get 100 per day... it is so called Lucky parameter:)
I am poker player, so odds are very known field to me, but look like this - if you have every day odds 1:100 to find the block and get 12500 coins, long term it is same like winning 125 coins every day, BUT... variance is huge, so it could easily happen that you don't find any block whole year (also, you could find 2-3 blocks in 100 days too).
If someone like to gamble - then ok, but there is no need to gamble with BTCZ, when you can have steady earnings every day.

I have no affiliate link, no bounty, no signature campaign... Only Proof Of Work!
mt55
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April 29, 2018, 12:18:54 AM
 #877

How many video cards do you have?
I'm in a dilemma, I don't know if I buy mining equipment or if I buy the coin.

To answer your question, in today's mining situation, the outlook for GPU mining is not so good. All miners from recently released ASICs will rush into mining Equihash coins, out of which BTCZ is the most profitable.

But again the liquidity is so low in BTCz you cannot purchase a lot. For example right now on TradeSatoshi a 1BTC market buy order ($7000 in USD) will push tbe price of BTCz to 62 Satoshis. This is why this is a sleeping giant, when a small whale comes in, it will explode in price. The current marketcap is a joke for a community driven coin with so much dev time and mining hashpower inevsted in it. Look at EOS for example with a semisecret team, shady business who doesnt want to register as security in the USA who knows why, and very little development and massive marketing budget and paid actors on YouTube it has a market cap of 1500x times BTCz with less development done on it and no mining power backing its network.  

So if a lot of miners will jump in may the price also rise to for example 0.1-0.4 usd in near future ?


I think 0,1$ is realistic in near term (154 M marcet cap) but it depends on BTC price. 1250 satoshi/coin is relailistic in this year, but big and good marketing is neccessary! We are very weak in marketing..

That's almost 2500%. That would need a lot of buying pressure to push BTCZ up so far beyond doubt.
Benni
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April 29, 2018, 04:26:42 AM
 #878

I'm on slack and telegram, and there seems to be quite some people coming around daily because of "airdrop"... But we don't do that, it's pretty discouraging to see people come and leave because of this, is there a way to counter this?
brooklynite1
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In BTCz we trust. Organic slow growth.


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April 29, 2018, 07:14:29 AM
 #879

How many video cards do you have?
I'm in a dilemma, I don't know if I buy mining equipment or if I buy the coin.

To answer your question, in today's mining situation, the outlook for GPU mining is not so good. All miners from recently released ASICs will rush into mining Equihash coins, out of which BTCZ is the most profitable.

But again the liquidity is so low in BTCz you cannot purchase a lot. For example right now on TradeSatoshi a 1BTC market buy order ($7000 in USD) will push tbe price of BTCz to 62 Satoshis. This is why this is a sleeping giant, when a small whale comes in, it will explode in price. The current marketcap is a joke for a community driven coin with so much dev time and mining hashpower inevsted in it. Look at EOS for example with a semisecret team, shady business who doesnt want to register as security in the USA who knows why, and very little development and massive marketing budget and paid actors on YouTube it has a market cap of 1500x times BTCz with less development done on it and no mining power backing its network.  

So if a lot of miners will jump in may the price also rise to for example 0.1-0.4 usd in near future ?


I think 0,1$ is realistic in near term (154 M marcet cap) but it depends on BTC price. 1250 satoshi/coin is relailistic in this year, but big and good marketing is neccessary! We are very weak in marketing..

That's almost 2500%. That would need a lot of buying pressure to push BTCZ up so far beyond doubt.

The thing is when it happens you may find out too late. That's why I'm buying every day and putting it away. Those who mine and dump will regret just like I traded millions of DOGE back in early 2014 for a few bucks. I had no idea..

Did you see how VOT went from 115 SAT to around 550 SAT today? That's how BTCz could jump. You check the next day and its 200 SAT and two days later 800 SAT. Difficulty will massively jump and dry up liquidity for miners.

https://steemit.com/bitcoin/@brooklynite/btcz-and-how-it-is-a-distinguished-crytocurrency-bitcoinz-or-bitcoin-2-0
brooklynite1
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April 29, 2018, 07:25:15 AM
 #880

Hey all,

Can I solomine Btcz?

If so how would I do this and is it worthwhile?

I have a 6Gb 1060 card btw.

Thanks for any responses Wink)

While mine at pool whatch for found blocks, if you dont find it means it isnt worthy to mine solo.
At pool you get a part what others found and if you find a block you split and share for everyone..
Solo its worthy to find, you get 12.500BtcZ by one block. At solo you have equal chance to get one block against huge mining farms but if there are so many solo miner means less chance to earn BtcZ then at pools (based on avg day earnings).

Solo pool: (shares doesnt mean anything here)
https://zsolo.bid/bitcoinz-solo-mining.html

is it possible to count the exact hashrate, when solo mining starts becoming profitable?
say, I have about 6 ksol in my gpu's, is it worth considering solo?

There are calculators online to do the math for you based on difficulty . Right now your 6000sol/s rig is expected to make 5600 BTCz/day so if you solo mine you should expect to find a block every 53 hours and that's 12,500.

Problem is solo is that if you run your rig for 51 hours and stop you get ZERO for mining 51 hours. If you run your rig for 100 hours chances are you only find one 12,500 BTCz block which is very low for 100 hours because you didn't wait for second block. There is a small chance that you may find one block sooner than 53 hours or later than 53 hours.

A 1060 or 300sol/s will take over 1000 hours to find one block of 12500 BTCz and if you stop at 950 hours you just wasted a ton of powet and got zero.

With a pool you get the same about over the long term but your rewards are broken into a lot of consistent tiny amounts over a long period of time.

With a pool there is a high chance that got also get screwed. Many pools typically skim 50% of the incoming blocks in hidden fees and advertise 1% fee. Few pools are honest.

https://steemit.com/bitcoin/@brooklynite/btcz-and-how-it-is-a-distinguished-crytocurrency-bitcoinz-or-bitcoin-2-0
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