[ANN] BitBean is Now Bean Cash | First v3 POS | First 20MB Max Blocks | 7+ Yrs.

[viparmenia]

Are you sure one need to paying more than 2$ per day for electricity consumption of a computer?

If the electricity is so expensive in your country rent a virtual Server and run your wallet on it which will cost you at most 20$ per month.

Or simply keep more beans in wallet to get many 1000 per day

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[vella85]

Also 1 million beans can earn more sprouts per day, not just 1k beans as I have seen some people earn 2 to 5 sprouts per day sprouting 1 million beans but yes the average would be around 1k per day. Also if people are smart they could have many pos coins running on their computer at the same time which earns even more profit. On another note the price is falling which could be an opportunity for people to get in now and for some of us to accumulate even more beans to build on our sprouting weight which is what I have been doing.

[Nexu$]

Hello, I have a problem with this. 
ERROR LOADING BILKINDEX.DAT

[WhiteBeard]

Is there a slack channel? Or what's the best way to keep informed about the developments?

Not slack, since slack is privately owned and they own the data posted on their servers.  Bitbean uses Mattermost, an open-source project, that runs on our own private, encrypted server.  It is hosted at https://slackkiller.bitbean.org.

[WhiteBeard]

Hello, I have a problem with this.  
ERROR LOADING BILKINDEX.DAT

Looks like you have a corrupted data file.  Usually this is caused by an improper shutdown or crash of the wallet.

You will need to re-download the blockchain data.  You can speed up the process by getting the latest official snapshot on the downloads page at bitbean.org.
Scroll to the bottom of the page and read the section entitled Synchronize Your Wallet With the BitBean Blockchain Faster! for instructions.
Make sure you have backed up your wallet.dat file before starting this process.

In the future, do not stop your wallet using the close window "X" in the upper corner.  Use the menu "Exit" option.  This is a known bug that is being addressed in the upcoming release.

If you need further help, drop by our team chat.  One of the community members can walk you through the process.

[Superphu]

Can you tell me what you use for staking ? Notebook, mini pc, raspberry, thanks

[greenhope]

Can you tell me what you use for staking ? Notebook, mini pc, raspberry, thanks

Any computer with an OS supported by wallet.
Personally I use a i5 nuc system.
Staking 12 coins including 3 masternodes on it.
I started with 8gig ram and 128g ssd but found ram is used over 70%.
Staking wallets and masternodes use quite a lot of ram and particularly bitb uses the most rams among wallets I'm running.
So use an i7 with 32g ram and 500g ssd, if you plan to stake many coins and run many local wallets.

[viparmenia]

Today there will be the Audio/Video Conference on zoom.us at 4pm EST (21:00 GMT) about rebranding and new core release.

Link would be published shortly before star on twitter https://twitter.com/BitBeanCoin/status/899323758086893569

[viparmenia]

So lets test this out with DASH,

BTC=$3534

A DASH masternode cost roughly $200,916 USD. ((56.85 BTC Needed))
It makes roughly $46.05 USD a day.

Reference: https://dash-news.de/dashtv/#value=1000

We would need to sprout roughly 17 times a day ((1000 beans = $2.714))
BITB at these rates are at .00000077

Reference: https://chainz.cryptoid.info/bitb/


So, we would need roughly 17mil beans which is about 13.09 BTC (($46,260.06))

Obviously these are the rates as of posting....But I think you get the picture!

BUY MORE BEANS

What I do not understand wich fools are keeping their beans in exchange wallets like bittrex, cryptopia instead of in own wallets.

There are almost 300mil beans frozen on exchange wallets, and these guys are practically losing 1000$ per day as of not being used for sprouting.

Keep your beans in your own wallets.

I agree, this doesn't make any sense to leave beans sitting on exchanges as they could be earning like you say 1000's of dollars a day sprouting their beans. As soon as I buy my beans I withdraw them straight away to get sprouting asap. It goes to show that some coins don't need a masternode to earn a decent amount of money and like sliff2000 posted its cheaper to buy beans and earn more then most masternode coins.

Seems people started to realise what beans are and taking them out of exchanges into own wallets.

Since yesterday almost 30mil less Beans are available on bittrex for sale.

[vella85]

So lets test this out with DASH,

BTC=$3534

A DASH masternode cost roughly $200,916 USD. ((56.85 BTC Needed))
It makes roughly $46.05 USD a day.

Reference: https://dash-news.de/dashtv/#value=1000

We would need to sprout roughly 17 times a day ((1000 beans = $2.714))
BITB at these rates are at .00000077

Reference: https://chainz.cryptoid.info/bitb/


So, we would need roughly 17mil beans which is about 13.09 BTC (($46,260.06))

Obviously these are the rates as of posting....But I think you get the picture!

BUY MORE BEANS

What I do not understand wich fools are keeping their beans in exchange wallets like bittrex, cryptopia instead of in own wallets.

There are almost 300mil beans frozen on exchange wallets, and these guys are practically losing 1000$ per day as of not being used for sprouting.

Keep your beans in your own wallets.

I agree, this doesn't make any sense to leave beans sitting on exchanges as they could be earning like you say 1000's of dollars a day sprouting their beans. As soon as I buy my beans I withdraw them straight away to get sprouting asap. It goes to show that some coins don't need a masternode to earn a decent amount of money and like sliff2000 posted its cheaper to buy beans and earn more then most masternode coins.

Seems people started to realise what beans are and taking them out of exchanges into own wallets.

Since yesterday almost 30mil less Beans are available on bittrex for sale.

Yes I also noticed this as the network weight went up a lot. I think this is a good thing for the BitBean network as it helps make the network more secure. Looks like I might have to add some more beans to my sprouting weight now lol I don't mind as its supporting the community and getting more beans off the exchanges.

[four3200]

POS is the orginal 'masternode'

what's the specs?
how many days to stake(mature)?
how many blocks to move new stked beans?

[WhiteBeard]

POS is the orginal 'masternode'

what's the specs?
how many days to stake(mature)?

6 hours

how many blocks to move new stked beans?

100 blocks

You can read more about it on the github page

[WhiteBeard]

Can you tell me what you use for staking ? Notebook, mini pc, raspberry, thanks

The recommendation is at least a Dual-core processor (1.2Ghz) with 2 GB of RAM.
Another recommendation is a low-latency internet connection for optimal sprouting.

[rendravolt]

Can you tell me what you use for staking ? Notebook, mini pc, raspberry, thanks

The recommendation is at least a Dual-core processor (1.2Ghz) with 2 GB of RAM.
Another recommendation is a low-latency internet connection for optimal sprouting.

Means if using core i3 and ram 4 gb it is safe right? At least far from the obstacles that are not in want and everything runs smoothly.

[CisColtz]

Can you tell me what you use for staking ? Notebook, mini pc, raspberry, thanks

The recommendation is at least a Dual-core processor (1.2Ghz) with 2 GB of RAM.
Another recommendation is a low-latency internet connection for optimal sprouting.

Means if using core i3 and ram 4 gb it is safe right? At least far from the obstacles that are not in want and everything runs smoothly.

In theory it must be save but check it yourself and see how the pc is acting. I suggest you to add another 4gb to be sure in the future.

[WhiteBeard]

Can you tell me what you use for staking ? Notebook, mini pc, raspberry, thanks

The recommendation is at least a Dual-core processor (1.2Ghz) with 2 GB of RAM.
Another recommendation is a low-latency internet connection for optimal sprouting.

Means if using core i3 and ram 4 gb it is safe right? At least far from the obstacles that are not in want and everything runs smoothly.

In theory it must be save but check it yourself and see how the pc is acting. I suggest you to add another 4gb to be sure in the future.

If you are using the minimum resources I listed, the BitBean-qt wallet will use all of it.  Remember, sprouting is essentially mining.  The program is generating and posting the blocks to the blockchain, just like bitcoin miners do for the bitcoin network at an average rate 10 times faster than bitcoin (1/minute). 

I agree with CisColtz, check everything for yourself!  If you plan to use the computer for other things at the same time as the program is running, you may want to add more resources for it. 

You can run other stuff concurrently, but the program will slow down and yield time to other processes, thereby potentially affecting your sprouting rate.

[dirruk]

well i got some beans yesterday the wallet takes forever to sync tried to download the bootstrap on the homepage but got a webattack on the page or by clicking on the referal i don t know that was yesterday today it seems to work without the webattack but for now i just going to let it sync on its own    question why not download the bootstrap on the homepage

[plasmodesmata]

Can you tell me what you use for staking ? Notebook, mini pc, raspberry, thanks

The recommendation is at least a Dual-core processor (1.2Ghz) with 2 GB of RAM.
Another recommendation is a low-latency internet connection for optimal sprouting.

Means if using core i3 and ram 4 gb it is safe right? At least far from the obstacles that are not in want and everything runs smoothly.

In theory it must be save but check it yourself and see how the pc is acting. I suggest you to add another 4gb to be sure in the future.

If you are using the minimum resources I listed, the BitBean-qt wallet will use all of it.  Remember, sprouting is essentially mining.  The program is generating and posting the blocks to the blockchain, just like bitcoin miners do for the bitcoin network at an average rate 10 times faster than bitcoin (1/minute). 

I agree with CisColtz, check everything for yourself!  If you plan to use the computer for other things at the same time as the program is running, you may want to add more resources for it. 

You can run other stuff concurrently, but the program will slow down and yield time to other processes, thereby potentially affecting your sprouting rate.

I sprout on my eth mining rig. I think sprouting is more profitable than the eth generated.

[plasmodesmata]

well i got some beans yesterday the wallet takes forever to sync tried to download the bootstrap on the homepage but got a webattack on the page or by clicking on the referal i don t know that was yesterday today it seems to work without the webattack but for now i just going to let it sync on its own    question why not download the bootstrap on the homepage

After your wallet synchronizes be sure to back it up. And I don't mean the run of the mill back up, I mean go into your roaming files and copy both your wallet.dat AND your blkindex.dat.   I have had a blkindex.dat error happen to me twice. Power disruptions while sprouting usually cause it.

Happy sprouting! 

[dirruk]

thank you for you re respons i did backup the normal way i will do a backup of the two files inmediatly