ANNOUNCEMENT:
1. Stocks.Exchange listing fee has been paid and claims they can list within 24hr.
2. CryptoBridge listing fee has been paid and claims they can list on Wednesday.
3. Mnrank.com has been paid.
Topic: [ANN] [BITG] BitGreen | Sustainable Cryptocurrency | NO ICO - POS/MN - page 38. (Read 92554 times)
January 30, 2018, 03:31:21 AM
January 30, 2018, 03:03:05 AM
hi, how to mine on https://lpool.name/pool/BITG with nvidia?
I tried e.g. ccminer
ccminer-x64-2.2.1\ccminer-x64 -a quark -o stratum+tcp://quark.lpool.name:12023 -u address-p c=BITG
and stratum is not authorised, is the pool service enabled ?
I tried e.g. ccminer
ccminer-x64-2.2.1\ccminer-x64 -a quark -o stratum+tcp://quark.lpool.name:12023 -u address-p c=BITG
and stratum is not authorised, is the pool service enabled ?
January 30, 2018, 12:54:21 AM
The Discord channel has been reopened to the public!
https://discord.gg/eeJethG
This is a great question. What makes BITG unique is the design and the mission.
First, there's the coin design. Bitcoin Green is pure POS (energy efficient) with a fixed block reward. A fixed block reward creates a more fairly distributed coin than other POS methods, which typically end up compounding disproportionately (most %-based block reward coins). Adding Masternodes makes the mining process even more equitable and beneficial for the coin. The addition of MNs means that the benefit of each 2500 BITG is exactly the same. It requires 2500 BITG to have a "miner" and the majority of the block reward goes to the holders of a "miner". Masternode holders contribute to the appreciation of network value by increasing scarcity. Therefore, the masternode holders, who are contributing the most to the appreciation of network value, receive the largest portion of the benefits of inflation.
Bitcoin Green is on a mission. We are here to spread awareness about the environmental threat posed by proof-of-work and Bitcoin. Nobody else is focusing on this problem, but it's a very important topic. We will be traveling to blockchain conferences to spread awareness about this issue and truly begin the discussion about Bitcoin's energy consumption. With Bitcoin Green, we created a simple, scalable solution to Bitcoin's sustainability problem and it works. We saw a problem with Bitcoin and proof-of-work, and we know the world needs to begin to solve this problem one step at a time.
https://discord.gg/eeJethG
other POS coins are also energy efficient/scalable/high MN rewards, what's unique about this coin?
This is a great question. What makes BITG unique is the design and the mission.
First, there's the coin design. Bitcoin Green is pure POS (energy efficient) with a fixed block reward. A fixed block reward creates a more fairly distributed coin than other POS methods, which typically end up compounding disproportionately (most %-based block reward coins). Adding Masternodes makes the mining process even more equitable and beneficial for the coin. The addition of MNs means that the benefit of each 2500 BITG is exactly the same. It requires 2500 BITG to have a "miner" and the majority of the block reward goes to the holders of a "miner". Masternode holders contribute to the appreciation of network value by increasing scarcity. Therefore, the masternode holders, who are contributing the most to the appreciation of network value, receive the largest portion of the benefits of inflation.
Bitcoin Green is on a mission. We are here to spread awareness about the environmental threat posed by proof-of-work and Bitcoin. Nobody else is focusing on this problem, but it's a very important topic. We will be traveling to blockchain conferences to spread awareness about this issue and truly begin the discussion about Bitcoin's energy consumption. With Bitcoin Green, we created a simple, scalable solution to Bitcoin's sustainability problem and it works. We saw a problem with Bitcoin and proof-of-work, and we know the world needs to begin to solve this problem one step at a time.
January 28, 2018, 04:17:32 PM
other POS coins are also energy efficient/scalable/high MN rewards, what's unique about this coin?
January 28, 2018, 08:17:32 AM
I think that this project solves a problem that cannot be solved in this way.
The massive energy consumption of bitcoin mining is not a thing that the bitcoin code demands, you see.
Consensus and the same blocktimes could be achieved with far less energy consumption, it is the miners who are having an arms race to get more bitcoin profits, who drive up the energy consumption.
So how does one solve the problem of human greed?
I do not see the answer in this project and therefore am skeptical.
It says "Masternode Mining" in the first post but still PoW and that is more confusing than enlightening. Just my 50 sats on this thread.
The massive energy consumption of bitcoin mining is not a thing that the bitcoin code demands, you see.
Consensus and the same blocktimes could be achieved with far less energy consumption, it is the miners who are having an arms race to get more bitcoin profits, who drive up the energy consumption.
So how does one solve the problem of human greed?
I do not see the answer in this project and therefore am skeptical.
It says "Masternode Mining" in the first post but still PoW and that is more confusing than enlightening. Just my 50 sats on this thread.
PoS is the mechanism in which new blocks are generated. The main chunk of these block rewards will be distributed to masternode holders. PoW is needed to mine the first blocks and to stabalize the network. There will be no miners later on.
As for the humand greed:
Unfortunatly thats a problem noone will ever solve. We have a strong team and some well known figures in the discord community to try something new here. This is not a PnD coin. Though it will be pumped it will be dumped because thats what crypto and stocks always do. There is nothing we can do against that. But what we can do is to make an attempt on at least defeating the arms race and make ppl aware of this missconception.
January 28, 2018, 08:04:25 AM
New BitcoinGreen pool (quark)
https://lpool.name/pool/BITG
-o stratum+tcp://quark.lpool.name:12023 -u -p c=BITG
Bounty/Donate: GdqSaVH4aPVseRagebY1NtX3UBqhEyX9zn (BITG)
Node list: https://lpool.name/explorer/peers?id=2023
Explorer: https://lpool.name/explorer/BITG
https://lpool.name/pool/BITG
-o stratum+tcp://quark.lpool.name:12023 -u
Bounty/Donate: GdqSaVH4aPVseRagebY1NtX3UBqhEyX9zn (BITG)
Node list: https://lpool.name/explorer/peers?id=2023
Explorer: https://lpool.name/explorer/BITG
January 28, 2018, 07:03:23 AM
naaaaw, fuck this coin .. smells dodge. I'ma bounce!
Are you TROLL? Your last messages only with wards SCAM. January 28, 2018, 04:40:59 AM
will be any airdrop?
January 28, 2018, 03:29:57 AM
.the project is not bad. but discord. waiting for an invitation.
January 28, 2018, 01:42:19 AM
Block Explorer is live! Mainnet is running and stable. Still on the 1 BITG fair start rewards.
https://www.savebitcoin.io/explorer
https://www.savebitcoin.io/explorer
January 28, 2018, 12:33:10 AM
how to join Discord?
January 28, 2018, 12:22:12 AM
This link will allow the first 5 users in to the closed Discord: https://discord.gg/kKZaWF
January 27, 2018, 08:47:43 PM
Is there any market where we can buy BITG yet?
January 27, 2018, 08:15:07 PM
Sounds interesting, but at this stage, not so many people care about that I think. Also some people may take another opinion with you? But wish you good luck.
January 27, 2018, 08:03:49 PM
New Pool
https://nextpool.work/
Notice at this moment the block reward is only one until 5,000 blocks are found
No registration, 10 min payout from 0.1, 1% fee
Nextpool is a mining pool for newborn coins. We will list more new coins.
Low diff
Code:
-a quark -o stratum+tcp://asia1.nextpool.work:3002 -p x --no-extranonce -u (YOUR_ADDRESS)
Middle diff
Code:
-a quark -o stratum+tcp://asia1.nextpool.work:4002 -p x --no-extranonce -u (YOUR_ADDRESS)
High diff
Code:
-a quark -o stratum+tcp://asia1.nextpool.work:5002 -p x --no-extranonce -u (YOUR_ADDRESS)
There is NO proof-of-work component for BITG after the premine. It is POS/Masternodes only.
I think that this project solves a problem that cannot be solved in this way.
The massive energy consumption of bitcoin mining is not a thing that the bitcoin code demands, you see.
Consensus and the same blocktimes could be achieved with far less energy consumption, it is the miners who are having an arms race to get more bitcoin profits, who drive up the energy consumption.
So how does one solve the problem of human greed?
I do not see the answer in this project and therefore am skeptical.
It says "Masternode Mining" in the first post but still PoW and that is more confusing than enlightening. Just my 50 sats on this thread.
The massive energy consumption of bitcoin mining is not a thing that the bitcoin code demands, you see.
Consensus and the same blocktimes could be achieved with far less energy consumption, it is the miners who are having an arms race to get more bitcoin profits, who drive up the energy consumption.
So how does one solve the problem of human greed?
I do not see the answer in this project and therefore am skeptical.
It says "Masternode Mining" in the first post but still PoW and that is more confusing than enlightening. Just my 50 sats on this thread.
Check out the whitepaper. The Green Protocol is energy efficient and highly scalable. A coin needs to be able to handle market realities.
When are you planning to open discord channel ?
It will be reopened shortly when BITG is officially launched and distributed. This will be announced through Telegram and Twitter.
January 27, 2018, 02:08:01 PM
I don't mine anyway but will see if really worth to invest in this or not. Only using name of Bitcoin doesn't give guarantee of success. You will have to show something feasible and better in order to convince the people to pour money into this. I keep it on my watch list for the moment.
January 27, 2018, 01:58:22 PM
When a MN is purchased, will there be a few extra coins sent to cover fees or will they not be needed?
January 27, 2018, 01:53:32 PM
Hey Guys. Any news, when can we expect that to happen? Today/tomorrow, or more for the weekend, or beginning next week?
January 27, 2018, 11:28:21 AM
naaaaw, fuck this coin .. smells dodge. I'ma bounce!
January 27, 2018, 09:56:49 AM
need buy MN, pm me price , thanks
Jump to: