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Author Topic: [ANN][BTCZ] BitcoinZ - zkSNARKs 21b max POW-Zhash No-Premine No-Dev Tax  (Read 104557 times)
Trafo
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April 29, 2018, 08:40:27 AM
 #881

I'm stunned how an abandoned project called ZClassic without devs and without even an android wallet is trading at $113M and we can't get to $10M with so much more to offer.

Patience is very important in this business. If you are too greedy and want to see fast results than you must risk much more. History shows that those projects are the most successful in long term where a continuous development process is going on. If the fundamentals are all right than sooner or later the interest will grow, the transaction volume will go up and the price will also increase!

Don't forget that BitcoinZ is still a relatively new project, almost half year old, but even so, our community is strong, development of new projects is continuously going on, new features like TxtZ is coming out, currently we are on 10 exchanges, Coinbene one of the largest exchanges will introduce BTCZ soon. All of these things will lead to a better visibility of BitcoinZ, and this will be reflected also in a higher price!

We are not fans of pump and dump schemes, BitcoinZ was not invented for that. Lack of marketing is our largest weakness, but with a strong community it can be solved.

My advice is to accumulate right now as much as BitcoinZ you can, because later the difficulty will significantly increase and the price will definitely be much higher!

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BitcoinZ: Not a pump and dump scheme
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rejestracyjny
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April 29, 2018, 09:07:07 AM
 #882

I'm stunned how an abandoned project called ZClassic without devs and without even an android wallet is trading at $113M and we can't get to $10M with so much more to offer.

Bigger and trust exchange need. My friends don't wanna send money to something like stocks.exchange or btc-alpha. If the rumors are confirmed, we listed in may to two big exchanges and this solve our problem with small volume around 100k. Bright future is coming!
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April 29, 2018, 10:25:12 AM
 #883

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

Since you still haven't got an answer, I'll give it a shot, though I'm no expert. The following should work, though I don't know if it's the fastest way:

1. Go to your BitcoinZ folder where wallet.dat is located.
(It should probably be at c:\user\appdata\roaming\BitcoinZ or something like that. And you may have to enable viewing of hidden files and folders.)
2. Backup your wallet.dat if you haven't already (copy it to somewhere else).
3. Delete everything in your BitcoinZ folder except for the wallet.dat.
4. Restart the wallet and wait for resyncing.

It will take some time, as this involves redownloading the blockchain.
EPEMA
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April 29, 2018, 12:01:22 PM
Last edit: April 29, 2018, 12:13:49 PM by EPEMA
 #884


Additional investors come in when the project is introduced with marketing effort such as:
  • Development updates,
  • YouTube videos on mining and introduction,
  • Tweets,
  • Reddit Posts,
  • Articles (medium, steem), and
  • demonstration of activity here on Bitcointalk.

Investors generally get cold feet and leave when most conversations migrate to :
  • Telegram, (closed group, typically used by Scam ICOs and P&Ds, I avoid)
  • Slack, (closed group, typically used by US based techie devs to discuss code)
  • Discord, (closed group, typically used by gamers now more active in crypto groups)
  • ANN jumps on bitcointalk, (indication of infighting, abandonment or lack of trust between core dev members)

Our very unfortunate ANN jump triggered massive sale and value drop from avg of 65 Sat to 32 in two weeks and since then it has only recovered to 44 Sat. We went from 1.9 new pages per day on Bitcointalk (from Sept to Mar) to less than half 0.9 pages/day (since new ANN started).

We also have lots of activity in Discord/Telegram, probably triple than before but that is hard to judge and navigate back, but most members, even the very active ones and devs refuse to come back to this forum to demonstrate to other groups how active we are in pursuit of making this project prosper.
Discord/Telegram/Slack are closed circuits and all activity is hidden within the group and the public does not see it.


You are absolutely right, investors primarily check ANN. At a cursory viewing our ANN became poorer and it scares away many potential investors. In addition, the transition ANN frightened some investors and they sold their deposits by flopping the course just like it was with the departure of Anthony (IMHO).
But what to do, life continues, work is under way, and the fall in exchange rate has allowed many others to increase their deposits.
And those investors who are deeper to learn the work that the developers are doing will make their choice in favor of BTCZ. But in order to facilitate this task, you need more activity in the ANN.
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April 29, 2018, 12:13:16 PM
 #885

Very interesting I just both more seem a lot of people are selling very cheap in the bull month.😀😀😀😀😀

CryptOcean https://cryptocean.io
⚫ Ecosystem, which unites financial and technological services for work with crypto currencies,
digital financial actives and traditional fiat ⚫
EPEMA
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April 29, 2018, 12:16:52 PM
 #886

Very interesting I just both more seem a lot of people are selling very cheap in the bull month.😀😀😀😀😀

This is due to the high profitability of BTCZ mining, BTCZ is often at the top of the list of mining profitability calculators.
JustAnotherYou
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April 29, 2018, 12:47:46 PM
 #887


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.

Thanks a lot for the info!
So basically soloing means no pool fees (both transparent and hidden).

But I need to clear one thing,
you've mentioned 53 hours to find a block on 6ksol rig, does it mean just total 53 hours or 53 hours nonstop?
I mean, does it matter if process was interrupted?

And what if some big pool and myself both find a block at the same time, the pool will have advantage in both latency and hash power, so there is a chance that my block would be ignored, am I right? should this be considered?
JustAnotherYou
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April 29, 2018, 12:59:20 PM
 #888


You are absolutely right, investors primarily check ANN. At a cursory viewing our ANN became poorer and it scares away many potential investors. In addition, the transition ANN frightened some investors and they sold their deposits by flopping the course just like it was with the departure of Anthony (IMHO).
But what to do, life continues, work is under way, and the fall in exchange rate has allowed many others to increase their deposits.
And those investors who are deeper to learn the work that the developers are doing will make their choice in favor of BTCZ. But in order to facilitate this task, you need more activity in the ANN.

Could we just redirect CMC to old ANN, and then edit the old ANN, add link to new ANN at very first line,
so that newcomer from CMC sees big fat old ANN first, and then the new one?

Or should we bloat this new ANN as big as possible? Is it even a good thing?
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April 29, 2018, 05:52:19 PM
 #889

Thanks to all for the advice on solomining - i guess my puny 1060 wont cut it lol Wink)

I'm still getting a few from a pool everyday in any case which is good.

One more question -how will the difficulty increase in the future and how will that affect btcz?
cryptolad
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April 29, 2018, 06:08:46 PM
 #890

Very interesting I just both more seem a lot of people are selling very cheap in the bull month.😀😀😀😀😀

This is due to the high profitability of BTCZ mining, BTCZ is often at the top of the list of mining profitability calculators.

I don't find btcz to be most profitable equihash....  it's highly variable but usually it is middle of the road.  I do think however that btcz has a lot more upside and is building a base here around 25-55 sats so it represents stable profits with  longer term upside.  Right now if you mine zclassic you don't know if that 30+ coin will be 1/10 of what it is in two weeks.
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April 29, 2018, 08:11:18 PM
 #891

Thanks to all for the advice on solomining - i guess my puny 1060 wont cut it lol Wink)

I'm still getting a few from a pool everyday in any case which is good.

One more question -how will the difficulty increase in the future and how will that affect btcz?

Will you solo mine with only 1 Nvidia GTX 1060 6Gb GPU?
I think that is only waste of time and energy, but if you will do so, please share your results. Thanks!

Difficulty will go up for sure, especially if there will be a price jump.

--------------------------
BitcoinZ: In Decentralization We Trust!
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April 29, 2018, 08:56:49 PM
 #892

I'm stunned how an abandoned project called ZClassic without devs and without even an android wallet is trading at $113M and we can't get to $10M with so much more to offer.

Bigger and trust exchange need. My friends don't wanna send money to something like stocks.exchange or btc-alpha. If the rumors are confirmed, we listed in may to two big exchanges and this solve our problem with small volume around 100k. Bright future is coming!

https://info.btcz.rocks/

According to the website Coinbene is suppose to be listed in May 2018.    It was suppose to be listed on April 16 but somehow Coinbene couldn't get their act together even after sending them 10 BTC.

Exmo was announced a while ago, at an older meetup and I thought it was mentioned that April would be the date.   Still waiting on the actual timing of listing and perhaps sometime in May is the date.
rejestracyjny
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April 30, 2018, 01:02:24 AM
 #893

I'm stunned how an abandoned project called ZClassic without devs and without even an android wallet is trading at $113M and we can't get to $10M with so much more to offer.

Bigger and trust exchange need. My friends don't wanna send money to something like stocks.exchange or btc-alpha. If the rumors are confirmed, we listed in may to two big exchanges and this solve our problem with small volume around 100k. Bright future is coming!

https://info.btcz.rocks/

According to the website Coinbene is suppose to be listed in May 2018.    It was suppose to be listed on April 16 but somehow Coinbene couldn't get their act together even after sending them 10 BTC.

Coinbene say they have't got equihash coin before, not a powerfull privacy coin like BitcoinZ! They need more time for implement. They are lazy.
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April 30, 2018, 02:32:34 AM
 #894

BTCZ project is stronger than ever. As more and more investors coming in. Look at the price, it's gearing up to rise in the next few days or weeks. But surely this year BTCZ will break the 500 sats.

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April 30, 2018, 06:19:01 AM
 #895

Coinbene is now the 18th largest exchange in the World (135 million USD), and it is still growing. This is a good sign for BitcoinZ!  Wink
 
Remember when some guys were complaining about Coinbene, asking why BitcoinZ is not listed on Poloniex or Cryptopia Smiley Currently Poloniex is only on the 24th place while Cryptopia is on 61st place based on its daily volume: https://coinmarketcap.com/exchanges/volume/24-hour/

--------------------------
BitcoinZ: Deserves to reach a much higher market capitalization!
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April 30, 2018, 07:27:30 AM
 #896

Get some attention Brothers!
Here needed your votes for Btc2.0:
https://thefavoritecoin.com

Votes can be done every 24hour or from new IP!
Please push BitcoinZ to get some attention!
No reg needed! <3
CoinShopping.pl
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April 30, 2018, 10:04:25 AM
 #897

I'm stunned how an abandoned project called ZClassic without devs and without even an android wallet is trading at $113M and we can't get to $10M with so much more to offer.

Bigger and trust exchange need. My friends don't wanna send money to something like stocks.exchange or btc-alpha. If the rumors are confirmed, we listed in may to two big exchanges and this solve our problem with small volume around 100k. Bright future is coming!

https://info.btcz.rocks/

According to the website Coinbene is suppose to be listed in May 2018.    It was suppose to be listed on April 16 but somehow Coinbene couldn't get their act together even after sending them 10 BTC.

Coinbene say they have't got equihash coin before, not a powerfull privacy coin like BitcoinZ! They need more time for implement. They are lazy.

BTCZ should Be listed till May 2 on Coinbene - that was the latest info and BTCZ will also get Ads on Coinmarketcap paid by Coinbene due to listing delay
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April 30, 2018, 10:05:33 AM
 #898

hi long time i havent been on this community but didnt stop mining, anyway are we planning to get btcz on nano s?
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April 30, 2018, 12:50:40 PM
 #899


Could we just redirect CMC to old ANN, and then edit the old ANN, add link to new ANN at very first line,
so that newcomer from CMC sees big fat old ANN first, and then the new one?

Or should we bloat this new ANN as big as possible? Is it even a good thing?

I agree with that ! It's necessary to add the old ANN on the first page of this new ANN. For the moment, people don't know the community talk a lot about many things and don't have a good opinion about us.
Someone who write better than me in English should write a little paragraph and explain why we have create an new ANN. And then, add this little paragraph at the very beginning of this new ANN. It's totally psychological but it is the basics of marketing.


Get some attention Brothers!
Here needed your votes for Btc2.0:
https://thefavoritecoin.com

Votes can be done every 24hour or from new IP!
Please push BitcoinZ to get some attention!
No reg needed! <3

I got this message when i try to vote for bitcoinz on your site : " We have identified a fraud attempt on the bitcoinz currency, please wait 14 minutes and 11 seconds for another try, thanks for your cooperation!" And been redirected to goldCoin...
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In BTCz we trust. Organic slow growth.


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April 30, 2018, 02:55:39 PM
 #900


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.

Thanks a lot for the info!
So basically soloing means no pool fees (both transparent and hidden).

But I need to clear one thing,
you've mentioned 53 hours to find a block on 6ksol rig, does it mean just total 53 hours or 53 hours nonstop?
I mean, does it matter if process was interrupted?

And what if some big pool and myself both find a block at the same time, the pool will have advantage in both latency and hash power, so there is a chance that my block would be ignored, am I right? should this be considered?

That's exceeds my knowledge but if I were to guess:

if your abandon the solo mining and come back start mining again your chances don't reset because it's pure chance via math. Its like you rolled a dice 5 times waiting for a 1 and didn't get it and you go to school and come back and continue rolling the same dice. Jus rolling 1 three times in a row a possible in solo mining there is also a much higher chance of got finding multiple blocks at intervals shorter than 53 hours OR going hundreds of hours without finding one. That 53 hour is a long time average say for example over 100 days of straight mining. With pools your chance of that is significantly lower.

 If you and a large pool find a block at the same time I think unfortunately the large pool, if selfish, can ignore your block and you lose. But im not certain . I suggest you ask the question at a higher level forum such as https://bitcoin.stackexchange.com

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