Bitcoin Forum
August 18, 2026, 06:14:56 AM *
News: Latest Bitcoin Core release: 31.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [ANN] (BID) Bidcoin - layer 1 blockchain with Auchash (CPU/AUC)  (Read 99 times)
Bid-coin (OP)
Newbie
*
Offline

Activity: 2
Merit: 0


View Profile
August 17, 2026, 12:04:11 AM
 #1

Project information
Bidcoin is a Proof-of-Work cryptocurrency focused on CPU mining.

We uses a new mining algorithm called Auchash. It is designed around CPU workloads, memory access and dynamic computation, with the goal of making specialized ASIC hardware harder and more expensive to develop.

The idea is simple: if you have a decent CPU, you should be able to mine the coin without buying specialized mining hardware.

Auchash

Auchash takes inspiration from the general approach used by CPU-oriented algorithms such as RandomX, but it is being developed as an independent algorithm for Bidcoin.

Instead of relying on one fixed hashing operation, Auchash combines different types of CPU workloads.

Why Auchash

Traditional hashing algorithms are relatively easy to implement in specialized hardware. Once the mathematical operations are known and stable, an ASIC manufacturer can build dedicated silicon that performs the same calculations much faster and more efficiently than a general-purpose processor.

Auchash takes a different approach.

Instead of relying only on a fixed sequence of hash operations, the algorithm uses dynamically generated computational paths. Each mining attempt can require a different combination of operations, memory accesses and internal states.

This makes it considerably harder to build a simple fixed-function ASIC that can reproduce the efficiency of a CPU.

RandomX follows a similar philosophy by generating random programs for a virtual machine and using CPU features such as integer operations, floating point operations, caches and memory access.

Auchash extends this concept toward a more privacy-oriented blockchain architecture.

  • Dynamic computational workloads
  • Integer operations
  • Floating-point operations
  • Memory-dependent calculations
  • CPU cache usage
  • Changing execution paths
  • Blockchain-derived entropy

ASIC resistance is a design goal of Auchash. It is not a claim that ASICs can never be developed. The algorithm will need to be tested and benchmarked against optimized hardware before such claims can be properly evaluated.

Specifications

NameBidcoin
TickerBID
ConsensusProof-of-Work
AlgorithmAuchash
MiningCPU
Block time60 seconds
Block reward12 BID
Maximum supply21,000,000 BID
Premine0 BID
Mining allocation100%

Emission

The emission model is intentionally simple.

12 BID per block

60 seconds target block time

This gives approximately:

  • 1,440 blocks per day
  • 17,280 BID emitted per day
  • 6.3M BID per year

The maximum supply is fixed at 21,000,000 BID.

At a constant 60-second block interval, approximately 1,750,000 blocks are required to distribute the full supply.

There is no premine.

All initial BID enters circulation through Proof-of-Work mining.

Privacy

Mining is only one part of the Bidcoin design.

The project is also being developed with transaction privacy in mind. The transaction layer can use cryptographic commitments and privacy technologies such as stealth addresses, confidential amounts and zero-knowledge proofs.

Auchash itself does not provide anonymity. Its role is to secure the network through Proof-of-Work.

Why Bidcoin?

  • CPU focused — designed for ordinary CPUs rather than dedicated ASIC hardware.
  • New PoW algorithm — Auchash is developed specifically for Bidcoin.
  • 21M supply — fixed maximum supply.
  • 12 BID reward — simple and transparent emission.
  • 60 sec blocks — relatively fast block production.
  • Zero premine — no coins reserved before mining starts.
  • Fair PoW distribution — coins enter circulation through mining.
  • Privacy focused — transaction privacy is part of the project direction.

Links

GitHub: https://github.com/bidcoinchain/bidcoin/

Wallets: https://github.com/bidcoinchain/bidcoin/releases/tag/v1.0.0

Explorer: https://github.com/bidcoinchain/bidcoin-explorer

Whitepaper: https://github.com/bidcoinchain/bidcoin/whitepaper

Discord: https://discord.gg/eCasUgZPg

Exchanges: Q3 2026
lightbit
Member
**
Offline

Activity: 479
Merit: 89


View Profile WWW
August 17, 2026, 03:12:42 AM
 #2

Hey — I run Chainquiry, a searchable crypto project directory, and I’d like to invite your team to submit a free listing.  Smiley

It includes your official links, network, launch date and project information after editorial review:

https://chainquiry.com/list-your-project/

CHAINQUIRY — Discover, Research & Verify Crypto Projects
Free Project Listings | Official Thread
SkyLords
Full Member
***
Offline

Activity: 798
Merit: 120


View Profile
August 17, 2026, 09:44:41 AM
 #3

As I detailed in my post 'Custom RandomX CPU Miner: Looking for Pool Collaborations', I have developed a CPU mining software. If this sounds interesting, I would be glad to discuss potential collaboration opportunities: https://bitcointalk.org/index.php?topic=5591405.msg67050647#msg67050647
Bid-coin (OP)
Newbie
*
Offline

Activity: 2
Merit: 0


View Profile
August 17, 2026, 11:49:34 PM
 #4

A fully functional miner for our project will be released tomorrow.
We also see that there are issues connecting to nodes. If your wallet freezes while connecting to nodes, create a "bidcoin.conf" file next to your wallet and add the following nodes to it.
Code:
addnode "45.76.123.41:8343" 
addnode "51.81.92.174:8343"
addnode "65.109.87.213:8343"
addnode "72.14.186.55:8343"
addnode "78.46.201.133:8343"
addnode "88.99.164.27:8343"
addnode "91.107.221.68:8343"
addnode "95.217.14.192:8343"
addnode "116.202.45.81:8343"
addnode "135.181.76.104:8343"

After that, save the file and restart your wallet.

We also have a Discord server open for our community.
We are also working on a private dex exchange.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!