BitcoinV - Bitcoin with Variable Block Rewards

[BlockMiner.me]

BlockMiner.me
0.9% Fee
Location Europe
Dedicated Port for each Coin !
30 Different Coins !


Algo: SHA256

Code:

stratum+tcp://blockminer.me:3333 -u YOUR_WALLET_ADDRESS -p c=BTCV or d=256 (your diff) 

http://blockminer.me

[AltcoinCash]

BitcoinV  is now mining with x8 rewards at https://AltcoinCash.xyz, 400 coins/block!

Code:

-a sha256 -o stratum+tcp://stratum.altcoincash.xyz:33331 -u <wallet> -p c=BTCV

Antminer S9 example:

[pool operator]

pool  BitcoinV  https://smithpool.net

conf for miners (-a sha256 -o stratum+tcp://smithpool.dynu.net:3333 -u yourwalletaddress -p c=BTCV)

conf for miners high difficulty (-a sha256 -o stratum+tcp://smithpool.dynu.net:13333 -u yourwalletaddress -p c=BTCV)

for high difficulty  nicehash or miningrigrental add only  ,d =your diff or port dedicate 13333

example -a sha256 -o stratum+tcp://smithpool.dynu.net:3333 -u yourwalletaddress -p c=BTCV,d=1000000 or whatever you want

block explorer https://smithpool.net/explorer/BTCV
 
discord support and coin request  https://discord.gg/Zy5esd6


low fee .... good job

[labrotix]

Hello all


https://bitcointalk.org/index.php?topic=5127590

We do campaigns on a regular basis to increase the number of users. A new opportunity.


Registration reward: 100 BTCV
Referral reward      : 10 BTCV


Start Date:2019-04-03
End Date:2019-04-05

[pool operator]

pool  BitcoinV  https://smithpool.net

conf for miners (-a sha256 -o stratum+tcp://smithpool.dynu.net:3333 -u yourwalletaddress -p c=BTCV)

conf for miners high difficulty (-a sha256 -o stratum+tcp://smithpool.dynu.net:13333 -u yourwalletaddress -p c=BTCV)

for high difficulty  nicehash or miningrigrental add only  ,d =your diff or port dedicate 13333

example -a sha256 -o stratum+tcp://smithpool.dynu.net:3333 -u yourwalletaddress -p c=BTCV,d=1000000 or whatever you want

block explorer https://smithpool.net/explorer/BTCV
 
discord support and coin request  https://discord.gg/Zy5esd6


low fee .... good job

[BitcoinV]

Some say BitcoinV is an experiment.
BitcoinV is a new approach to PoW mining and it will either catch on today, in the future, or fade away. If enough pools can form to mine large block rewards, the supply will increase and draw more people in.

[AltcoinCash]

BitcoinV  is now mining with x512 rewards at AltcoinCash.xyz, 25600 coins/block!

Code:

-a sha256 -o stratum+tcp://stratum.altcoincash.xyz:33331 -u <wallet> -p c=BTCV

Antminer S9 example:

[toogoody]

List of known BitcoinV pools (BTCV) :

https://miningpoolstats.stream/bitcoinv

Live hashrate distribution, pool fees & minimum payment comparison.

[Verigus]

Will I received any reward if I run a full node to support the network?

[sssergy2705]

Someone just SOLO mined a large 102400 BTCV block.
http://explorer.bitcoinv.org/block-height/5311

Still, it was not worth putting such a low complexity.
At the moment, the coin costs less than half of Satoshi, and there is no sense to mine it.

[Chris Sokolowski]

It appears that even though miners could pull more out of the blockchain by using multipliers, enough miners tend to be content enough to get less reward by accepting the 50 BTCV payout. This is actually good in that it strengthens the blockchain by finding blocks faster which makes a 51% attack harder. As I observe the Variable Block Rewards in action, it seems that the majority will form pools either going for x1 or x2 block rewards. There will always those trying to grab a large reward SOLO mining. It is the additional variation of pools and SOLO mining that actually makes BitcoinV a more decentralized version of Bitcoin.

We are Prohashing are mining at x1 because that is the only multiplier compatible with our mining software without code changes, and I suspect that's the reason most other pools are using x1 as well.  We would love to mine at a higher multiplier, but the client has what we consider a bug - it returns the same difficulty target in getblocktemplate regardless of the multiplier; the difficulty should increase by the multiplier.  Therefore, if we use another multiplier, we pay too much to customers.  For example, with an x16 multiplier, the block reward increases by 16 but the difficulty doesn't increase, and we end up incorrectly paying 16x per share to miners. 

If the client just increased the reported the difficulty by the multiplier, then it would be compatible with all existing pool software, including ours, and we could easily increase our multiplier.  Otherwise, we would have to modify our pool software to support BitcoinV and deal with all the potential bugs that may introduce.  I think the community of miners could be greatly expanded if that single change was made to the client.  We have contacted the developer requesting this change, and he has said that what we consider a bug is actually a feature and that will not be changing this behavior.  We disagree. 

[AltcoinCash]

There still seems to be a bit of confusion on how the difficulty level works on BitcoinV. The difficulty is split into two areas:
1) The original Bitcoin difficulty level
2) Variable Block Reward difficulty level

When mining at x1, BitcoinV is the same as Bitcoin and the VBR difficultly adjustment does NOT kick in. When mining at x2 or larger, the VBR difficulty level kicks in. Changing what the GBT reports for difficulty would make a miner waste its power by trying to find a block with more zeros than is required. Once there have been enough leading zeros found in the hash (original Bitcoin difficulty level) then the VBR difficulty level kicks in where pattern matching of Merkle root with previous hash. Just a note, many pools are using greater than x1 and properly paying the rewards...

Can confirm this, https://altcoincash.xyz/ is mining at x512 and payouts are correct.

[iUNeIV]

BitcoinV (BTCV) POOL

bitcoin-pool.fr
Pool Fee 2%

Code:

-o stratum+tcp:// bitcoin-pool.fr:3333 -u <WALLET_ADDRESS> [-p c=BTCV]

Pool host: bitcoin-pool.fr
Pool port: 3333
Pool user: Your_Wallet_Address
Pool pass: x
Algorithm: sha256
Fee: 2%

[AlecMe]

seemed a good project.

what happened? dead quiet, no posts, 1 miner mining

[Twinkledoe]

seemed a good project.

what happened? dead quiet, no posts, 1 miner mining

BitcoinV is alive. The crypto market in general is very saturated and makes it harder for people to determine which crypto they want to invest in. The lack of posts is most probably due to the similarity to Bitcoin; the only work involved with keeping BitcoinV going is waiting to sync up with Bitcoin code at major milestone releases.

Is there large audience for this coin? I mean real users that are optimizing the benefits of this project? I haven't seen a lot of exchanges that trade this particular coin.

[zoneterror]

I can't use the multiplier on my pool. i use the bitcoin-cli of course, and in the script it doesnt  specify the port, so it keeps trying to connect to port 8332, when it is supposed to be 9332 .... :/

We have this error:



error: Could not connect to the server 127.0.0.1:8332

Make sure the bitcoind server is running and that you are connecting to the correct RPC port.

[zoneterror]

• New pool for BitcoinV :  

MiningPool.host

• 0.24% fee


• Payouts every 30 minutes for balance above 0.0001


• -a x11 -o stratum+tcp://miningpool.host:3533 -u <walletaddress> -p c=STOREL

DISCORD

Happy Mining

[zoneterror]

Pool operators are free to setup the multiplier in anyway they choose. The GUI pull down menu works well, there is also an RPC call that can be made at runtime. If the community wants a configuration file option to modify the Block Multiply, we can code this feature.

PLEASE do it !!! We can't use the multiplier yet on bitcoin-cli and we got good hashrate to use in our pool

[zoneterror]

The config file option has been integrated a long time ago. Look at the command line options and you will find:

setvbrmultiplier=<n>

Set the Variable Block Reward (VBR) multiplier for mining. Value <n> will automatically be rounded to the nearest lower power of 2

If you want to mine for x512 for a 50BTCVx512=25600BTCV per block reward then add this line to the bitcoin.conf file:

setvbrmultiplier=512

But,where can we find other command line options ?  In a specific text file or something :O ?

In the meanwhile, i'll try the setvmultiplier right away

Thank you

[zoneterror]

Holy cow it really works lol !


I've tried x16 first but with the 60Th/s that we have we couldnt get a block in 40 minutes.


And just tried it at x2, already found a block confirming that it works.



EDIT: after 30 minutes at x2, with 60-70 Th/s, still only found one block. Difficulty is now at 6.5 mil. Is it normal :O ?