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Author Topic: [ANN] [BTQ] BitQuark | Super secure hashing | CPU mining  (Read 151911 times)
StephenJH
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June 07, 2014, 12:14:54 PM
 #1001

All your bitquark are belong to me!
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ZeroFossilFuel
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June 07, 2014, 12:55:28 PM
 #1002

http://btq.mine-pool.net/ keeps returning error 502
That is correct. They discontinued all their p2pools in favor of MPOS and left out BTQ when they made the switch. Now it  looks like their entire service us hosed.

That's called Karma. Cool

BTQ - 1HyTqd6phXRmYi2C8CCpXGV89qkLKgzPQN  Website  YouTube
waldistons
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June 07, 2014, 09:15:21 PM
 #1003

If anyone is suffering from a lot of small coin amounts, like when getting them from p2p pools mining and getting "Transaction too large" when trying to send coins, I finally found the answer. From source code:

Code:
/** The maximum allowed size for a serialized block, in bytes (network rule) */
static const unsigned int MAX_BLOCK_SIZE = 1000000;
/** The maximum size for mined blocks */
static const unsigned int MAX_BLOCK_SIZE_GEN = MAX_BLOCK_SIZE/2;
/** The maximum size for transactions we're willing to relay/mine */
static const unsigned int MAX_STANDARD_TX_SIZE = MAX_BLOCK_SIZE_GEN/5;

// BitQuark: Added safety margin 4000 bytes and 160 transactions
if ((nBytes + 4000 >= MAX_STANDARD_TX_SIZE) || (wtxNew.vin.size() >= 160))
{
  strFailReason = _("Transaction too large");
  return false;
}

So, transaction size limit is 100000 bytes or 159 inputs from coin control, whichever comes first. I verified, it works with 159 inputs, but not with 160 and 161.

I ♥ tips!  BTC: TBA
DannyTom
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June 08, 2014, 03:51:34 AM
 #1004

If anyone is suffering from a lot of small coin amounts, like when getting them from p2p pools mining and getting "Transaction too large" when trying to send coins, I finally found the answer. From source code:

Code:
/** The maximum allowed size for a serialized block, in bytes (network rule) */
static const unsigned int MAX_BLOCK_SIZE = 1000000;
/** The maximum size for mined blocks */
static const unsigned int MAX_BLOCK_SIZE_GEN = MAX_BLOCK_SIZE/2;
/** The maximum size for transactions we're willing to relay/mine */
static const unsigned int MAX_STANDARD_TX_SIZE = MAX_BLOCK_SIZE_GEN/5;

// BitQuark: Added safety margin 4000 bytes and 160 transactions
if ((nBytes + 4000 >= MAX_STANDARD_TX_SIZE) || (wtxNew.vin.size() >= 160))
{
  strFailReason = _("Transaction too large");
  return false;
}

So, transaction size limit is 100000 bytes or 159 inputs from coin control, whichever comes first. I verified, it works with 159 inputs, but not with 160 and 161.


Just an FYI to noobs or non-technical people, because that's what I am, if you P2P pool, every day or so consolidate your transactions in coin control.  Send them to yourself at a different wallet address.

When you have like 40,000 dust transactions, the wallet becomes slow as hell.  Sometimes it's better to just empty your wallet into another one.

BTQ:  17NEp7WtUZt4V5RiFP6YHxD1hcte7U3sB8
LTC:  LeyXcTFxC5Ku3KDUyhwDHtLko1JwChd99h
FTC:  6n56LJKYrdgmsougCCjenLFtpPTcjFQ829
BitQuark
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June 09, 2014, 02:03:45 AM
 #1005

Partly. Primary goal should be technical innovations. When you have that, the exchanges will be begging to add BTQ. I have read a post from BTQ the other day and I really liked the idea with the detachment from the fiat currency. Right now most people are thinking how much fiat money are they going to get from altcoins. It should be, what can I buy with them. And like I said earlier the wallet should be the heart of everything. Why not build a store into the wallet? Every wallet owner can be a buyer and a seller. Right now I am selling cryptos for fiat and buying pcie risers. Why am I still doing that? I want to buy some risers in a ecosystem that accepts BTQ's and not go through 3 exchanges and loose xxx% for fees to buy a riser. We could at least try it as a simple prototype. I'm sure BTQ will get much more attention from it than a dozen exchanges. Damn I wish I was coding in something else than matlab and texas nspire...
Also BTQ looks the most promising coin from the quark gang so I would hate to see it just drift away.

Just my 2 fiat cents.

How many BTQ's are you willing to pay for each PCIe riser?

mordecai779
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June 09, 2014, 08:55:39 AM
 #1006

Partly. Primary goal should be technical innovations. When you have that, the exchanges will be begging to add BTQ. I have read a post from BTQ the other day and I really liked the idea with the detachment from the fiat currency. Right now most people are thinking how much fiat money are they going to get from altcoins. It should be, what can I buy with them. And like I said earlier the wallet should be the heart of everything. Why not build a store into the wallet? Every wallet owner can be a buyer and a seller. Right now I am selling cryptos for fiat and buying pcie risers. Why am I still doing that? I want to buy some risers in a ecosystem that accepts BTQ's and not go through 3 exchanges and loose xxx% for fees to buy a riser. We could at least try it as a simple prototype. I'm sure BTQ will get much more attention from it than a dozen exchanges. Damn I wish I was coding in something else than matlab and texas nspire...
Also BTQ looks the most promising coin from the quark gang so I would hate to see it just drift away.

Just my 2 fiat cents.

How many BTQ's are you willing to pay for each PCIe riser?

Hmmm, I'm not sure but I would say around 200-300. I can get one from China for around 3-5 pounds with shipment. But I'm looking at those with the  USB 3 cables. Are you from Europe BTQ?
BitQuark
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June 09, 2014, 01:30:41 PM
 #1007

Partly. Primary goal should be technical innovations. When you have that, the exchanges will be begging to add BTQ. I have read a post from BTQ the other day and I really liked the idea with the detachment from the fiat currency. Right now most people are thinking how much fiat money are they going to get from altcoins. It should be, what can I buy with them. And like I said earlier the wallet should be the heart of everything. Why not build a store into the wallet? Every wallet owner can be a buyer and a seller. Right now I am selling cryptos for fiat and buying pcie risers. Why am I still doing that? I want to buy some risers in a ecosystem that accepts BTQ's and not go through 3 exchanges and loose xxx% for fees to buy a riser. We could at least try it as a simple prototype. I'm sure BTQ will get much more attention from it than a dozen exchanges. Damn I wish I was coding in something else than matlab and texas nspire...
Also BTQ looks the most promising coin from the quark gang so I would hate to see it just drift away.

Just my 2 fiat cents.

How many BTQ's are you willing to pay for each PCIe riser?

Hmmm, I'm not sure but I would say around 200-300. I can get one from China for around 3-5 pounds with shipment. But I'm looking at those with the  USB 3 cables. Are you from Europe BTQ?

I'm from North Carolina USA.
Are you talking about the PCI-E Express 1x to 16x Riser Card with USB 3.0 Cable Extender IDE Powered?? And how many are you looking to buy?

mordecai779
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June 09, 2014, 04:58:20 PM
 #1008

Partly. Primary goal should be technical innovations. When you have that, the exchanges will be begging to add BTQ. I have read a post from BTQ the other day and I really liked the idea with the detachment from the fiat currency. Right now most people are thinking how much fiat money are they going to get from altcoins. It should be, what can I buy with them. And like I said earlier the wallet should be the heart of everything. Why not build a store into the wallet? Every wallet owner can be a buyer and a seller. Right now I am selling cryptos for fiat and buying pcie risers. Why am I still doing that? I want to buy some risers in a ecosystem that accepts BTQ's and not go through 3 exchanges and loose xxx% for fees to buy a riser. We could at least try it as a simple prototype. I'm sure BTQ will get much more attention from it than a dozen exchanges. Damn I wish I was coding in something else than matlab and texas nspire...
Also BTQ looks the most promising coin from the quark gang so I would hate to see it just drift away.

Just my 2 fiat cents.

How many BTQ's are you willing to pay for each PCIe riser?

Hmmm, I'm not sure but I would say around 200-300. I can get one from China for around 3-5 pounds with shipment. But I'm looking at those with the  USB 3 cables. Are you from Europe BTQ?

I'm from North Carolina USA.
Are you talking about the PCI-E Express 1x to 16x Riser Card with USB 3.0 Cable Extender IDE Powered?? And how many are you looking to buy?

Yes, the 1x to 16 powered ones. But even the non USb cable ones would suffice. You're kinda out of luck. I've ordered some last week. But for the sake of BTQ I would buy a couple. But I think you were thinking more like dozens?  Wink I don't have a farm or anything like it. Maybe at the end of the year Grin
BitQuark
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June 10, 2014, 12:14:21 AM
 #1009

Partly. Primary goal should be technical innovations. When you have that, the exchanges will be begging to add BTQ. I have read a post from BTQ the other day and I really liked the idea with the detachment from the fiat currency. Right now most people are thinking how much fiat money are they going to get from altcoins. It should be, what can I buy with them. And like I said earlier the wallet should be the heart of everything. Why not build a store into the wallet? Every wallet owner can be a buyer and a seller. Right now I am selling cryptos for fiat and buying pcie risers. Why am I still doing that? I want to buy some risers in a ecosystem that accepts BTQ's and not go through 3 exchanges and loose xxx% for fees to buy a riser. We could at least try it as a simple prototype. I'm sure BTQ will get much more attention from it than a dozen exchanges. Damn I wish I was coding in something else than matlab and texas nspire...
Also BTQ looks the most promising coin from the quark gang so I would hate to see it just drift away.

Just my 2 fiat cents.

How many BTQ's are you willing to pay for each PCIe riser?

Hmmm, I'm not sure but I would say around 200-300. I can get one from China for around 3-5 pounds with shipment. But I'm looking at those with the  USB 3 cables. Are you from Europe BTQ?

I'm from North Carolina USA.
Are you talking about the PCI-E Express 1x to 16x Riser Card with USB 3.0 Cable Extender IDE Powered?? And how many are you looking to buy?

Yes, the 1x to 16 powered ones. But even the non USb cable ones would suffice. You're kinda out of luck. I've ordered some last week. But for the sake of BTQ I would buy a couple. But I think you were thinking more like dozens?  Wink I don't have a farm or anything like it. Maybe at the end of the year Grin

I'm thinking about buying a batch of them and I'll have some extra's that I'm thinking about selling for BTQ's Smiley

DannyTom
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June 10, 2014, 03:16:30 AM
 #1010

EuropEX.eu is delisting BTQ?

Odd since they're keeping FRQ which has been dead for months.

Guess we didn't have enough trade volume.  Anyway, I managed to score some cheap today, only 0.00000050 BTC per BTQ from there.


BTQ:  17NEp7WtUZt4V5RiFP6YHxD1hcte7U3sB8
LTC:  LeyXcTFxC5Ku3KDUyhwDHtLko1JwChd99h
FTC:  6n56LJKYrdgmsougCCjenLFtpPTcjFQ829
BitQuark
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June 10, 2014, 03:28:08 AM
 #1011

EuropEX.eu is delisting BTQ?

Odd since they're keeping FRQ which has been dead for months.

Guess we didn't have enough trade volume.  Anyway, I managed to score some cheap today, only 0.00000050 BTC per BTQ from there.



Yea most of the volume has been on C-Cex and a little on QEX's exchange.

techsolution
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June 11, 2014, 10:55:57 AM
 #1012

hi,
i am wholeseller of ex-lease servers, network and all kind it of networking it, can sell for bitquark, just let me know what u need, we have ex-lease and new equipment

we can only sho in eu

available equipment is priced in PLN currency 1pln is 1/3usd

all with 12months warranty, 30% rabate if pay in btq

lists of equipment:

http://allegro.pl/listing/user/listing.php?us_id=24365254

and

http://allegro.pl/listing/user/listing.php?us_id=13819542

if u need translation or any help with items please feel free to ask, small items we can send worldwide, up to 10kg, bigger only european union

we have more equipment not listed worth over 3 millions usd


Everything is energy, even mass, first of all mass

Just believe in old TTC Tittiecoin, will be big in months

XXXcoin XX3jXPgE99FnGs6JkpZXYS3spafuYvbvhh
u5sos
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June 12, 2014, 09:10:54 PM
 #1013

I want radeon x9 270x for 700 btq) I have no more)

who will offer?

DannyTom
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June 14, 2014, 12:57:03 PM
 #1014

Any local BTQ owners in need of a kayak?

http://miami.craigslist.org/brw/bar/4519979694.html


BTQ:  17NEp7WtUZt4V5RiFP6YHxD1hcte7U3sB8
LTC:  LeyXcTFxC5Ku3KDUyhwDHtLko1JwChd99h
FTC:  6n56LJKYrdgmsougCCjenLFtpPTcjFQ829
u5sos
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June 14, 2014, 01:07:27 PM
 #1015

I want radeon x9 270x for 700 btq) I have no more)

who will offer?

Ok, for 800 btq  Wink

mordecai779
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June 14, 2014, 09:00:23 PM
 #1016

I want radeon x9 270x for 700 btq) I have no more)

who will offer?

Ok, for 800 btq  Wink

I don't think you will get a 270x for 800BTQ. But then again, how do we define BTQ a standard value?
BitQuark
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June 15, 2014, 05:44:35 AM
 #1017

I don't think you will get a 270x for 800BTQ. But then again, how do we define BTQ a standard value?

I want to workout a way to calculate the value of BTQ based on power usage to mine and difficulty of obtaining BitQuark. The harder it is to mine, the more value BTQ will hold. Even though right now the exchange value is low, it will eventually catchup to what we set BTQ's value to...much like supply and demand determines values.

waldistons
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June 15, 2014, 04:40:33 PM
 #1018

You might want to update pools list, I just checked:

Code:
MPOS
https://cpu-pool.net/btq/ 48.81 MH/s 27 miners
https://btq.obfuscode.net 7.381 MH/s 1  miner

P2P
http://btq.ext-pool.net/ 56.93 MH/s 20 miners
http://btq.zcoins.org:9782/static/ 3.46 MH/s 8  miners

DEAD
p2pool.altcryptomining.com:8112
http://btq.mine-pool.net/
http://btq.altcryptomining.com/
http://bit.hashrapid.com/
http://coins.inceptioncraft.net/bitquarkcoin/mpos/
http://btq.air-pool.net/
http://btq.akpool.net/

Quote from: getmininginfo
"networkhashps" : 142945105
and total hashes from pools: 116581000
hashes from solomining: 26 364 105

I ♥ tips!  BTC: TBA
BitQuark
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June 16, 2014, 05:21:56 AM
 #1019

This is the formula I've came up with so far for determining BTQ's value:

((Diff*Reward)/(Money Supply))*RewardPercentage

ex. 1 - Diff = 250 ; Block Reward = 2.5 ; Money Supply = 741,270 ; Block Reward % = 100%
((250*2.5)/(741270))*100 = $0.0843

ex. 2 - Diff = 500 ; Block Reward = 2.5 ; Money Supply = 741,270 ; Block Reward % = 100%
((500*2.5)/(741270))*100 = $0.1686

ex. 3 - Diff = 250 ; Block Reward = 2.5 ; Money Supply = 850,000 ; Block Reward % = 100%
((250*2.5)/(850000))*100 = $0.0735

ex. 4 - Diff = 1000 ; Block Reward = 2.5 ; Money Supply = 850,000 ; Block Reward % = 100%
((1000*2.5)/(850000))*100 = $0.294

So as you can see above, the value is based on Difficulty and Money Supply. So what happens when the block reward halves?

ex. 5 - Diff = 1000 ; Block Reward = 1.25 ; Money Supply = 850,000 ; Block Reward % = 200%
((1000*1.25)/(850000))*200 = $0.294

ex. 6 - Diff = 1000 ; Block Reward = 0.625 ; Money Supply = 850,000 ; Block Reward % = 400%
((1000*0.625)/(850000))*400 = $0.294


You need to just double the Block Reward % when halving occurs.

As you can see from the examples, as Money Supply increases and if Difficulty remains the same, then the value will drop. If the Difficulty increases, the value will rise.

I will work on the formula some more to tweak it...I may replace the difficulty with the Network Hashrate. If I replace the difficulty with the network hashrate (based on MH/s), then it would looks something like this.

(((NetworkHashrate)*Reward)/(MoneySupply))*RewardPercentage

ex. 7 - Hashrate = 125MH/s ; Block Reward = 2.5 ; Money Supply = 741,270 ; Block Reward % = 100%
(((125)*2.5)/(741270))*100 = $0.04

ex. 8 - Hashrate = 300 ; Block Reward = 2.5 ; Money Supply = 741,270 ; Block Reward % = 100%
(((300)*2.5)/(741270))*100 = $0.10

So what happens if the Network Hashrate increase into the GH/s range?

ex. 9 - Hashrate = 2GH/s ; Block Reward = 2.5 ; Money Supply = 741,270 ; Block Reward % = 100%
(((2000)*2.5)/(741270))*100 = $0.67

ex. 10 - Hashrate = 25GH/s ; Block Reward = 2.5 ; Money Supply = 741,270 ; Block Reward % = 100%
(((25000)*2.5)/(741270))*100 = $8.43


As you can see from the above examples, as the Network Hashrate increases, then the value of BTQ will increase as it's dependent on both the Network Hashrate and Money Supply. This will also secure the network as the more hashrate, the more valuable BTQ will become! So what do you guys think about this way of decentralizing and breaking the link between BitQuark and Bitcoin??

BitQuark
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June 17, 2014, 02:06:44 AM
 #1020

Do you guys understand how this would work and how it could help the network from meeting the demise that Quarkcoin is facing.

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