Topic: [ANN] [BTCP] BitcoinPrivate: A Truly Private Bitcoin [Equihash] - page 112. (Read 117373 times)

If $25.00 is best we see... then we losing money mining lol

Back to BTCZ 

25$.

first almost 24 hours mining = .40 BTCP @ 10-11 MH avg.

So if coin list at $100.00 now that would = $40.00. Just enough to cover cost of mining 

If it list at $200-300 then were good! lol but have my doubts we will see any of the above. Ya never know though.....

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Yes. The coin starting price will be 25$ (that is unofficial) but most likely it will be 25$. And after that will go even lower.

Did you tried it into Coinomi which is working smoothly without any issue I tested this wallet it gone nice. Maybe you are putting you private key manually this could be reason of this error.

Update - I tried "sweeping" my BTC balance from before the snapshot (0.026xxxx) for testing purposes. I'm getting an error that I've also seen people complain about on Twitter a lot:
https://dumpt.com/img/viewer.php?file=fnis26c4s9yibrg3bqtz.png

Odd thing is that after 2nd attempt it started showing a balance of 0.09xxxx, which down to the last digit seems to refer to a single transaction in that amount to my BTC wallet in February. Then I tried a 3rd time, and this time it said "success" but what actually happened was it moved the 0.09xxxx minus a 0.0001 transaction fee to my Z-Address.

Next odd thing: a 4th attempt to import this private key lead to another single transaction of 0.08xxxx (referring to a specific BTC transaction in January, again, down to last digit) to show in my balance.

So am I supposed to just keep trying despite this error message until all my BTC transactions materialize in a BTCP balance???

Am I doing something wrong? Or just impatient and after successful import the individual BTC transactions will start to appear one by one as the blockchain synchs?

EDIT: I tried and tried and tried and finally my 3rd (and last) BTC transaction from early January showed up. Now I'm happy with a fully claimed BTC balance of 0.026xxxx.... But to get here was friggin' weird. Is this supposed to be like that? I'm really doubting right now if I should try w/ my (vastly larger) ZCL balance.

Guys here is some math behind this coin.

First we should assume that usually coins tend to fall into equilibrium of price-per-coin and difficulty of network. I.e. if coin price is suddenly UP so follows the network. If coin is heavily dumped then less people are willing to mine it and thus usually all coins tend to have quite equal profitability from the same GPU's. For example look at current profitability of most equihash coins. I used $1.5 profit per day from GTX 1060 class GPU as a typical average for short-mid term.

So if we put block reward 1.56 of BTCP into whattomine ZCash (both coins have similar characteristics except block reward) calculator then we could play with possible scenarios of above-mentioned equilibrium. Here is the link: https://whattomine.com/coins/166-zec-equihash?utf8=%E2%9C%93&hr=300.0&br_enabled=true&br=1.56&d_enabled=true&d=3695598.0&p=100.0&fee=0.0&er_enabled=true&er=0.10000000&cost=0.06&hcost=0.0&commit=Calculate

So guys I should tell you overall picture is quite bad. Even if we assume BTCP will cost about 1000 USD (0.1 BTC) then difficulty should be around 30-40 times lower then now to provide comparable "standard" profitability. This is around 700 k sol/s. It's something like 300-400 rigs total capacity. If there will be more - less profit for everyone. Furthermore, if we put 100 bucks per coin (which many here can consider as more realistic), then we have capacity only for 30-40 rigs in total! That creates insanely huge risk of 51% attack. Another words, I think, if this math is right, then this coin will not be able to survive if it will cost less than around 1000 USD. Likely devs made "all-or-nothing" bet on this...

What do you think? Is that math is correct?

Are you going to publish any instructions about how to claim the bitcoin private? I bought some in cryptopia but I didn't move it on a wallet outside the exchange, does this mean I won't get any btc private coins because it wasn't in my personal wallet?

Yep, they appear to be low by a factor of 100.  I started mining on suprnova about 3 hours ago and my balance (still unconfirmed) is a little over 0.13 now.  So that translates to a little over 1.0 /day. 

other bitcoin fork, there is too many bitcoin fork, but i saw you have real team dev, not anonymous and have wallet for bitcoin private. good luck

Hey,

Feel free to test our pool: https://btcp.multipools.club

Thank you

im not sure how this is going to be profitable to mine right now, but time will tell i guess its worth trying it out for a while.

I got the SwingWallet to install now, and I'm also running a BTCP daemon to help the cause.

I noticed that they seem to have incorporated ZenCash's crypto-messaging feature, which is FANTASTIC! In my mind this is a often overlooked hidden gem in all of this, a feature I absolutely LOVED on Zencash.

Secure, encrypted, anonymous (UNTRACEABLE) messaging, which is also NOT FREE (you have to pay up in BTCP) which likely means ZERO SPAM. The email/messaging form of the future :-)

Go BTCP! :-)

Let us know if the estimates were wrong.  I pulled the plug on my rigs because it seemed very low.

Is there a way to recieve BTCP from having a BTC?
Wallte says that key is invalid...

New pool: https://aikapool.com/btcp

MPOS pool engine. Fee: 1%, PROP, payouts every 3 min.

No. Only working for legacy pks. Not working for segwit pks. Can see balances but cannot send coins to new address.

ah you mean the estimates are too low ? I'll check that