Author

Topic: [ANN] oBTC (Read 3969 times)

brand new
Activity: 0
Merit: 0
December 06, 2023, 07:56:46 PM
Thanks
member
Activity: 289
Merit: 18
March 06, 2024, 05:22:26 AM
#99
is the project still alive and tradeable?

Dev ran away long time ago, looks like it's on life support by someone https://miningpoolstats.stream/opticalbitcoin But yeah it's dead as in completely dead.
newbie
Activity: 7
Merit: 0
March 05, 2024, 04:16:33 AM
#98
is the project still alive and tradeable?
member
Activity: 140
Merit: 10
December 06, 2023, 08:42:58 PM
#97
imagine missing the next kaspa....kaspa was created thanks to this oBTC (copied oBTC hash , "heavyhask") dyor and u will find it.
member
Activity: 289
Merit: 18
December 06, 2023, 03:35:23 PM
#96
Now I am reveling in some secrets about Powx.

Guys, I started gathering information about powx and got some unbelievably good information.

for present.
I will only reveal some of them.

First of all, guys, here in discord, some people will create fear by calling it a scam about this coin, and they are accumulating this coin.

Some people are scaring us to call coin was abonden and all website functions stoped. it's just creating fear of investment. and its not dead, and its

Because opticalbitcoin is lunched by powx, it was not only a coin. Moreover, it's a project for future computing that is behind the biggest people [may be they are billionaires].

The Powx project is not just a coin. It was unlike any other cryptocurrency; we can't imagine this coin's potential. as same in 2009–2011, people who think bitcoin is just a coin. But a network can connect all over the world, and we can transfer amounts from peer to peer.

This is the new era of coins, guys, like bitcoin in 2009 and, ETH in 2014 and optical bitcoin in 2021,.

belive I would like to reveal some more, but I don't want to disturb Powx's plans.

This is the next-generation crypto currency. equal to bitcoin BTC

Don't listen to this fake account. The owner dumped this project long time ago. He promised optical miners, took pre-order money and ran away. Website/domain are long time dumped as well.
member
Activity: 289
Merit: 18
August 14, 2023, 12:23:46 AM
#95
This project is dead, originally dev who pre-sold asics scammed his userbase, the state of the project is abandoned and no further development is being made by anyone.
hero member
Activity: 1239
Merit: 562
FracTools - Oil Industry
September 13, 2022, 03:17:50 PM
#93
Any coin that is pow that can be mined with GPU or CUP or in pools if there is no market and is not in the exchange, is doomed.
Like this one for example.
newbie
Activity: 4
Merit: 0
September 13, 2022, 11:52:01 AM
#92
Hi, I'm just wondering if this project is still alive?
This thread seems to be dead but there is a discussion ongoing on discord.

What is the current status and what actions are planned if any regarding project development?
newbie
Activity: 41
Merit: 0
March 28, 2022, 05:40:36 PM
#91
https://powerminers.tech/
This coin supported in new low fee multi-coin pool!
We are waiting for you...
jr. member
Activity: 150
Merit: 2
March 03, 2022, 07:15:55 AM
#90
Optical Bitcoin now available on:

MurkaPool.it

Website:
https://www.murkapool.it/

Stratum:
stratum+tcp://murkapool.it:5136

Miner Command Line:
-a heavyhash -o stratum+tcp://murkapool.it:5136 -u -p c=OBTC

Fees:
0.2 % - Shared Mining
0.4 % - Solo Mining

Payout:
Min. 0.1 OBTC every 30 minutes

Peers list:
addnode=46.4.98.180:9901
addnode=54.37.81.148:9901
addnode=62.171.188.236:9901
addnode=95.217.19.164:9901
addnode=65.21.57.150:9901
addnode=78.109.130.97:9901
addnode=159.69.123.165:9901
addnode=45.241.201.175:9901
addnode=87.110.170.237:9901
newbie
Activity: 24
Merit: 0
February 08, 2022, 04:32:31 AM
#89
Unfortunately it is no longer possible for me to get my wallet syncon. Can someone help me? Ver: bitcoin-qt-v0_1.exe
With addnode or new version
newbie
Activity: 44
Merit: 0
January 09, 2022, 05:03:00 PM
#88
Hello OBTC developers and inventors,

i have a few questions.

Why are hardly any found anymore?
Why do transfers take so long?
Why should everyone manually switch to woBTC and why doesn't a new client wallet do that in future?
Why is it allowed that unknown pools with over 1T_Hash and more work in the network?

What is wrong with your coin and the network?

I would be very happy to receive an honest and timely answer.

Thank you. 
member
Activity: 90
Merit: 11
Author of Bitcoin Books, the latest: Mining Pools
November 17, 2021, 07:06:34 AM
#87
Buying 200,000 oBTC @ $.25, Make counteroffer, DM. We will just use the exbitron exchange though.
newbie
Activity: 13
Merit: 0
November 16, 2021, 06:04:06 PM
#86
This thread has migrated to mainnet announcement: https://bitcointalksearch.org/topic/ann-optical-bitcoin-obtc-mainnet-5368280
legendary
Activity: 3556
Merit: 1126
October 03, 2021, 06:14:16 PM
#85


Hi,
We've added Optical (OBTC) to http://zpool.ca/alog/heavyhash. See below for connection details.

Fee only: 0.5% or less
BTC payouts are processed once a day for balances above 0.0015
Payouts for all other currencies are made automatically every 4 hours for balances above 0.05 and balances more than 0.0125 are included in one of the payouts each day.

- Sample configurations -
Get paid in OBTC:
Code:
-a heavyhash -o stratum+tcp://heavyhash.mine.zpool.ca:5138 -u OBTC_ADDRESS -p c=OBTC

Exchange to BTC:
Code:
-a heavyhash -o stratum+tcp://heavyhash.mine.zpool.ca:5138 -u BTC_ADDRESS -p c=BTC
Exchange to BTC but mine only OBTC:
Code:
-a heavyhash -o stratum+tcp://heavyhash.mine.zpool.ca:5138 -u BTC_ADDRESS -p c=BTC,zap=OBTC

All of our ports are NiceHash friendly, no need to specify any extra details

Need hashpower? zpools sister provides hash rental services: http://hashtap.ca/

==============================

Support: https://discord.gg/n45n6Jj
Twitter: https://twitter.com/_zpool_
member
Activity: 1027
Merit: 19
July 30, 2021, 07:05:24 AM
#84
 
You can mine Optical Bitcoin at autoexchange mining pool Zergpool.com at 0.5% fee. Please use following commands for different mining options
 
Option 1 Auto coin switch mining by profitability within algorithm with autoexchange to specified coin wallet(BTC in example below)
Code:
  -o stratum+tcp://heavyhash.mine.zergpool.com:5137 -u -p c=BTC

Option 2 Direct coin mining with payout to coin wallet
Code:
  -o stratum+tcp://heavyhash.mine.zergpool.com:5137 -u -p c=OBTC,mc=OBTC

Option 3 Direct coin mining with autoexchange to specified coin wallet(BTC in example below)
Code:
  -o stratum+tcp://heavyhash.mine.zergpool.com:5137 -u -p c=BTC,mc=OBTC

Please note mc stands for mining coin symbol, c stand for payout coin symbol

SOLO and PARTY mining
Set m=solo, or m=party.YourPartyPassword to your password field to use this feature. No extra fees.

Autoexchange to BTC, LTC, DASH, DOGE, ETH, BCH or any other currency we mine
Happy mining,
 cheers pinpin
newbie
Activity: 10
Merit: 0
May 18, 2021, 12:16:46 AM
#83
This project might be interesting but it's also the most messy project I have experienced..

Right now I'm trying to make the wallet generate an address but it can't unless I pick regular wallet??.. I'm using the desktop version downloadet from the official https://www.powx.org

newbie
Activity: 13
Merit: 0
May 13, 2021, 08:57:16 PM
#82
We submitted a Bitcoin Improvement Proposal:

https://twitter.com/MikeDubrovsky/status/1392936017729101837?s=20

BIP itself can be found here: https://github.com/PoWx-Org/obtc/wiki/BIP
full member
Activity: 1848
Merit: 158
May 13, 2021, 07:51:15 AM
#81
via Elon Musk@elonmusk
-
oBTC consumes less energy

But I guess, he will look for more popular alts out there. There are so many that can qualify what he's looking for that are already being traded in many markets. It needs at least to be present in many exchanges so users can easily trade it with. First thing also, do you think he will be impressed if in case he will check this project's website? I believe that is one thing for the dev team to think about.
newbie
Activity: 2
Merit: 0
May 13, 2021, 07:39:58 AM
#80
sr. member
Activity: 1149
Merit: 347
May 10, 2021, 01:17:34 PM
#79
There is nothing in the sale and buy book.
newbie
Activity: 13
Merit: 0
May 07, 2021, 09:55:51 AM
#78
Official pool (beta):

http://pool.obtc.me/

Includes NVIDIA windows miner and cpu miner

4.5% fee to support dev team
newbie
Activity: 108
Merit: 0
newbie
Activity: 166
Merit: 0
April 27, 2021, 05:18:33 PM
#76
Pool features:
https://pool-jg1000.fr/

Server location in Germany

Payouts are made automatically every 1 hours for all balances above 0.001, or 0.0001 on Sunday.

Fee  : 0.5 %



Code:
-a heavyhash -o stratum+tcp://stratum.pool-jg1000.fr:5136 -u -p c=OBTC
newbie
Activity: 1
Merit: 0
April 22, 2021, 05:52:58 AM
#75
Hi, I rented a rig to mine this coin and with sprnova an rxrat and a gain some coins. Firstly the rental was cheap but now it has increased a lot it cost thousans right now to rent a powerful rig for 3 hours. I am rookie in this.

Any idea why?

I would like to know if exist any way to exchange it.
newbie
Activity: 1
Merit: 0
April 12, 2021, 06:42:24 AM
#74
really shit coin

This is probably the best project to be launched this year. The developers are experienced engineers and have been featured in Forbes. Just because you didn't mine early it's really not our issue.

Wallets are ports with little to nothing added . Even so much so they forgot to change bitcoin values names, images.

They release a cpu miner then 5 wallets mine 80ish% of all the coins with gpu miner.

Basically the issue I see is the developers care about hardware and care nothing about the software for this coin.  This is just a tool for them to test and at any point could become unsupported. Devs might be great at hardware but this has to be one of the worse released coins I have seen this year.
newbie
Activity: 21
Merit: 0
April 12, 2021, 05:53:15 AM
#73
really shit coin

This is probably the best project to be launched this year. The developers are experienced engineers and have been featured in Forbes. Just because you didn't mine early it's really not our issue.
hero member
Activity: 2548
Merit: 626
April 09, 2021, 11:00:56 AM
#72

So...... was this one of the reason why the Global Hash rate skyrocketed in the last couple of days. A few people knew about this GPU Miner much before.

...... wished I knew about this GPU miner before.


No, it skyrocketed because of the private GPU miner/s. I just released this today. True, i had 2 guys testing it for me few days before the release, but they didnt have more than 3ghs together.
newbie
Activity: 47
Merit: 0
April 09, 2021, 09:15:25 AM
#71

So...... was this one of the reason why the Global Hash rate skyrocketed in the last couple of days. A few people knew about this GPU Miner much before.

...... wished I knew about this GPU miner before.
newbie
Activity: 47
Merit: 0
April 08, 2021, 07:20:32 AM
#69
stratum+tcp://obtcpool.walemo.com:36178

Thank you for sharing the pool

Though, it is a bit difficult to understand this pool as the website is in an oriental language (Chinese / Japanese).

But, do we need to create an account on the website and then start the mining. Or, is it like other pools, where the mining rewards are sent to the wallet address after the confirmation and minimum payout is achieved.

Your reply would be awaited.
newbie
Activity: 43
Merit: 0
April 08, 2021, 06:06:35 AM
#68
stratum+tcp://obtcpool.walemo.com:36178
newbie
Activity: 47
Merit: 0
April 08, 2021, 05:54:07 AM
#67
The hashrates of oBTC has reduced drastically on mining pools run by Suprnova, rxrat, plant and letshash.it.

This clearly means oBTC is being mined on some other pools now, the data for which is not updated on "miningpoolstats.stream"

Any idea which pool are miners mining oBTC now.
newbie
Activity: 25
Merit: 0
April 06, 2021, 03:36:57 PM
#66
If its going to be gpu mineable and people show interest then the network hashrate is going to be far greater and by time the coins paid to miners are going to be much more than the coins these farms took...this is indeed a smart move. wait to see how it plays out ! i just hope to have switches for auto adjusting dif. according to everyone's hashrate.
jr. member
Activity: 207
Merit: 5
April 06, 2021, 09:08:13 AM
#65
But, how  can that be. "oBTC" can only be mined using a CPU.

no .. you are wrong, there will be oBTC GPU miners next week
newbie
Activity: 13
Merit: 0
April 06, 2021, 08:36:43 AM
#64
Note that this mining farm issue is one of the reasons oPoW has the potential to democratize mining. Home miners with expensive energy costs that currently cannot compete with low power costs in China and other mining farm regions will be profitable with optical machines.
newbie
Activity: 25
Merit: 0
April 06, 2021, 08:09:53 AM
#63
lets be honest...i replied yesterday in order to show the length of damage the big farms made to small and average miners like me...a new project that is not yet widely known and has no money value for the miners for time being, lost probably thousands of coins 2 days ago leaving the coin with so high dif. that is not worth mining and pay electricity for 0.3 coins per day. And if you were gpu mining 2 days ago then mine to my wallet too and not with 2-3-4 wallets...you see i browse every night a specific mining pool to check the coins with enough miners in order to start mining with them and in obtc section there was a wallet with 9 GH/s and another one with 4 GH/s hashing power and 500+ workers in the first...so please be honest...the farms already made damage in building a community because high dif. means a lot less people to follow your project and that means you lose hash power...also high dif. is not fair for any miner for a coin 1 month old. you are wellcoming farms and its ok but the logical thing is to auto adjust the dif. for them to be balanced with their hashing power.
newbie
Activity: 47
Merit: 0
April 06, 2021, 07:59:11 AM
#62
It's not big farms, we are GPU mining.

The developers themselves open private mining pools to mine. . . Let everyone use less machine mining. . . This piece was taken away by the developer himself. . . Waiting for everyone to pick up. . . . Give it back to everyone. If you have too much computing power, he will restart to threaten everyone

No, we are mining on a Chinese private pool.

But, how  can that be. "oBTC" can only be mined using a CPU.
newbie
Activity: 21
Merit: 0
April 06, 2021, 07:19:33 AM
#61
It's not big farms, we are GPU mining.

The developers themselves open private mining pools to mine. . . Let everyone use less machine mining. . . This piece was taken away by the developer himself. . . Waiting for everyone to pick up. . . . Give it back to everyone. If you have too much computing power, he will restart to threaten everyone

No, we are mining on a Chinese private pool.
jr. member
Activity: 215
Merit: 2
April 06, 2021, 06:50:05 AM
#60
It's not big farms, we are GPU mining.

The developers themselves open private mining pools to mine. . . Let everyone use less machine mining. . . This piece was taken away by the developer himself. . . Waiting for everyone to pick up. . . . Give it back to everyone. If you have too much computing power, he will restart to threaten everyone
newbie
Activity: 21
Merit: 0
April 06, 2021, 06:20:27 AM
#59
It's not big farms, we are GPU mining.
newbie
Activity: 25
Merit: 0
April 05, 2021, 09:16:37 AM
#58
I write for first time in forum. 2 days ago with few hours of mining at 2 MH/s i earned 1.14 obtc...Today it shows 0.36 obtc per day. Sadly this is not a coin for all after all. Big farms as you say made it unmineable at least for me.
newbie
Activity: 80
Merit: 0
April 05, 2021, 08:17:40 AM
#57
RxRAT needs you guys



Come to RxRAT.com to help us to find blocks more regularly, and fight the big farms (even if they are obviously welcome at our place Wink ) !!
We can do it Cool

Our TTF (time to find) is actually at 2 hours, with some miners in more we can easily decrease this number.
Our pool fee is only 0.25% and the payouts are made every-hour.
RxRAT runs on a big big server, we can host thousands of miners without any problem.
Don't forget that everything is proportional on blockchain, you will not win more on the pool that find the most blocks!

We wish you a joyful and rentable mining with us.
Thank to you beautiful miner !


http://rxrat.com

legendary
Activity: 2688
Merit: 1240
April 03, 2021, 02:46:03 PM
#56
Ok, I finally figured it out, here's a pool:

https://obtc.suprnova.cc

have fun mining !

0% Fee on the pool !


Still 0 % fee and finally a few MH/s on the pool as well
newbie
Activity: 80
Merit: 0
April 03, 2021, 11:38:34 AM
#55
All is good with this project, the team is really serious


You can join the discord server here : https://discord.gg/ThaqTfMfZD

I launch one explorer for the chain : http://obtc.rxrat.com

newbie
Activity: 21
Merit: 0
April 03, 2021, 04:29:43 AM
#54
Be careful, scam. . . Garbage items,,,,,, wallets are implanted with Trojan horses. . .

You are just salty because in the experimental phase your coins was cleared. This is a great project, and the wallet is just fine.
jr. member
Activity: 207
Merit: 5
April 03, 2021, 12:23:35 AM
#53
Be careful, scam. . . Garbage items,,,,,, wallets are implanted with Trojan horses. . .

Scammer & FUDer. . . . .

https://www.virustotal.com/gui/file/72a25833be188292b07f729305397a01e5eb5010a59f59afa79e666894d0b934/detection

jr. member
Activity: 215
Merit: 2
April 02, 2021, 09:25:15 PM
#52
Be careful, scam. . . Garbage items,,,,,, wallets are implanted with Trojan horses. . .
newbie
Activity: 21
Merit: 0
April 02, 2021, 06:52:24 PM
#51
This is probably one of the best recently launched coins with an excellent team. Mining and buying as much as I can.
newbie
Activity: 80
Merit: 0
March 31, 2021, 03:48:46 PM
#50

REWARDS FOR THE OBTC BEST MINERS

⚡️ 100 OBTC TO WIN ON RXRAT.COM ⚡️


To celebrate the opening of the OBTC stratum, we organize a contest for the best miners!

The contest will run for 1500 blocks ~ about 10 days.
It will start at block 550 ~ Wednesday March 31.
It will end at block 2050 ~ Friday April 9.

The 100 OBTC will be redistributed proportionally to the number of OBTC mined per address during this period between the 10 biggest miners.

The blockchain will be used as reference.


Stratum address:
Code:
-a heavyhash -o stratum+tcp://pool.rxrat.com:8000 -u YOURADDRESS -p c=oBTC

We wish you a happy and profitable mining on RxRAT.com

Good luck everyone!

www.rxrat.com

 
legendary
Activity: 2688
Merit: 1240
March 31, 2021, 02:22:19 PM
#49
Ok, I finally figured it out, here's a pool:

https://obtc.suprnova.cc

have fun mining !

0% Fee on the pool !

No link to windows miner, just cpuminer-opt, which doesnt support heavyhash Huh
How do we mine please

Please try this version.

https://obtc.suprnova.cc/obtc-miner-win.zip
sr. member
Activity: 1249
Merit: 297
March 31, 2021, 12:04:02 PM
#48
Ok, I finally figured it out, here's a pool:

https://obtc.suprnova.cc

have fun mining !

0% Fee on the pool !

No link to windows miner, just cpuminer-opt, which doesnt support heavyhash Huh
How do we mine please
legendary
Activity: 2688
Merit: 1240
March 31, 2021, 10:51:16 AM
#47
Ok, I finally figured it out, here's a pool:

https://obtc.suprnova.cc

have fun mining !

0% Fee on the pool !
jr. member
Activity: 207
Merit: 5
March 31, 2021, 08:10:27 AM
#46
The coins in my wallet became 0,which is more terrible than anything. Please don't make any investment in it. Angry
Shit team

my coins is fine because i mined on new blockchain, not old chain
newbie
Activity: 6
Merit: 0
March 31, 2021, 08:03:11 AM
#45
The coins in my wallet became 0,which is more terrible than anything. Please don't make any investment in it. Angry
Shit team
jr. member
Activity: 207
Merit: 5
March 31, 2021, 07:15:52 AM
#44
Shit coin, don't dig this coin, because it will reset to zero, cheater team, waste our time

Yes, correct 100%, It's a shit coin. Please don't mine it !!!  cos i want fill my bags first
newbie
Activity: 18
Merit: 0
March 31, 2021, 06:41:03 AM
#43
Shit coin, don't dig this coin, because it will reset to zero, cheater team, waste our time
jr. member
Activity: 215
Merit: 2
March 30, 2021, 07:49:09 PM
#42
Will it be cleared and reset during the experimental phase? ? ?
newbie
Activity: 28
Merit: 0
March 30, 2021, 01:02:24 AM
#41
The shit project so many people are wasting electricity mining. . . The testnet is still being mined. . . Do not retain and reset to zero later. . . It's not the mainnet
Yes, it will reset the chain to 0 as they used to.
jr. member
Activity: 215
Merit: 2
March 29, 2021, 02:08:21 PM
#40
The shit project so many people are wasting electricity mining. . . The testnet is still being mined. . . Do not retain and reset to zero later. . . It's not the mainnet
legendary
Activity: 2688
Merit: 1240
March 29, 2021, 01:49:52 PM
#39
Ok, I finally figured it out, here's a pool:

https://obtc.suprnova.cc

have fun mining !
copper member
Activity: 145
Merit: 0
March 29, 2021, 04:19:55 AM
#38
OK! Thanks for your patience and interest. The relaunch is happening. We mined a higher diff genesis block and updated the code with a new port and the new gen-block.

Changes on Github:

1. Updated oBTC Core
2. A new QT-wallet exe file

See oBTC downloads: https://www.powx.org/obtc


If you have the old QT wallet, to get onto the new chain:

1. Please download the new QT wallet
2. After installing it you reset your QT wallet as follows

Settings-> Options-> Reset Options -> OK

After this reset, your wallet will be stored in a new directory and ready to use on the new chain.



If you don't do this your wallet may not sync to the new chain.


The explorer is temporarily at https://explorer.powx.org:8888/ we'll set it back to the standard URL shortly.

Dear miners, your enthusiasm is appreciated. Please note this chain is still experimental and it may be restarted if >1 min blocks are not maintained. Don't be greedy.



Hello mate I think that restart goes well 10 minutes average is reached and personally even if GPU comes I think diff will go up too. Good work
newbie
Activity: 47
Merit: 0
March 29, 2021, 03:56:10 AM
#37
I did some research on oBTC and its Dev team and found out some interesting facts.

It was particularly interesting to find about Dr. Michael Dubrovsky who also happens to be one of Dev team members of "oBTC"

A few things which I found and would like the "oBTC community" to know about are as under:-

Twitter Account of Dr. Michael Dubrovsky - @MikeDubrovsky

Twitter Description - Co-Founder at SiPhox (YC S20) and PoWx. MIT Advanced Study Program Fellow, Technion and several startups prior. From Brooklyn. Recently became dad.

By the way, MIT here is "Massachusetts Institute of Technology"

His personal website is - https://www.michaeldubrovsky.com/

More about Dr. Dubrovsky from Cruchbase:- (https://www.crunchbase.com/person/mike-dubrovsky)

He founded PoWx as a Visiting Researcher at the Technion University Materials Department. Prior to Technion, he founded Simply Grid, a curbside emergency-vehicle charging startup, which was acquired by MOVE Systems. As Director of R&D at MOVE, he led the design and manufacturing of two product lines (for which he holds patents) with complex global supply chains. Michael sees cryptocurrency as a revolutionary improvement in global access to property rights, and is passionate about helping it scale.

More about Siphox (which Dr. Dubrovsky was a co-founder) :-

SiPhox offers a handheld testing device with RNA/DNA and protein testing for point-of-care and At-Home solutions. The company's kit is made by multiplexing RNA, antibody, and antigen tests on a single silicon photonic chip which is amplified by plasmon resonance and silicon photonic resonator readout, enabling users to undertake tests for disease safely and in a disposable point-of-care and at-home manner.

SiPhox was founded in 2020 and is based in Cambridge, Massachusetts, USA.

Resource:- Optical Proof of Work

(co-authored by Dr. Dubrovsky along with Mr. Marshall Ball & Mr. Bogdan Penkovsky)

(source https://www.researchgate.net/publication/337241203_Optical_Proof_of_Work)

Most cryptocurrencies rely on Proof-of-Work (PoW) "mining" for resistance to Sybil and double-spending attacks, as well as a mechanism for currency issuance. Hashcash PoW has successfully secured the Bitcoin network since its inception, however, as the network has expanded to take on additional value storage and transaction volume, Bitcoin PoW's heavy reliance on electricity has created scalability issues, environmental concerns, and systemic risks.

Mining efforts have concentrated in areas with low electricity costs, creating single points of failure. Although PoW security properties rely on imposing a trivially verifiable economic cost on miners, there is no fundamental reason for it to consist primarily of electricity cost. The authors propose a novel PoW algorithm, Optical Proof of Work (oPoW), to eliminate energy as the primary cost of mining. Proposed algorithm imposes economic difficulty on the miners, however, the cost is concentrated in hardware (capital expense-CAPEX) rather than electricity (operating expenses-OPEX).

The oPoW scheme involves minimal modifications to Hashcash-like PoW schemes, inheriting safety/security properties from such schemes. Rapid growth and improvement in silicon photonics over the last two decades has led to the commercialization of silicon photonic co-processors (integrated circuits that use photons instead of electrons to perform specialized computing tasks) for low-energy deep learning.

oPoW is optimized for this technology such that miners are incentivized to use specialized, energy-efficient photonics for computation. Beyond providing energy savings, oPoW has the potential to improve network scalability, enable decentralized mining outside of low electricity cost areas, and democratize issuance.

Due to the CAPEX dominance of mining costs, oPoW hashrate will be significantly less sensitive to underlying coin price declines.


*******************************************************************************

All I see in this thread is about people trying to jump onto the mining of "oBTC".

Mining some "oBTC" is fine, but please do remember"PoWx" is a "Non-Profit organization Non-Profit organization dedicated to developing PoW cryptography compatible with ultra-energy efficient optical computing".

..... and what I have mentioned above describes the true credentials of one of the dev team member.

Let  us see "oBTC" as a project that can be a real game changer in the may mining hardware gets revolutionized into less energy consuming gadgets.

oBTC donations are welcome
oBTC Address - bc1qc62m8cw385ua7mxqqmzz648mcfma4wtdsq6wdm
newbie
Activity: 28
Merit: 0
March 29, 2021, 02:36:49 AM
#36
After reset the wallet, sync done, coins not showing into the wallet only transaction showing but no coins ?  what the issue ? Cry



They reset the chain, and start mining form block 0
All my coin has gone like wind

I stop on this coin ! forerver
legendary
Activity: 2688
Merit: 1240
March 29, 2021, 01:19:16 AM
#35
bitcoind: chainparams.cpp:104: CMainParams::CMainParams(): Assertion `consensus.hashGenesisBlock == GENESIS_HASH' failed.

??
newbie
Activity: 5
Merit: 0
March 29, 2021, 01:05:29 AM
#34
After reset the wallet, sync done, coins not showing into the wallet only transaction showing but no coins ?  what the issue ? Cry


legendary
Activity: 2688
Merit: 1240
March 29, 2021, 01:04:54 AM
#33
Heavyhash.. Reminds me of heavycoin Smiley
newbie
Activity: 47
Merit: 0
March 29, 2021, 12:43:19 AM
#32
- A perfect fair launch with an "Empty Genesis Block" and no "Post Mine"
- A low Block Reward of 50 OBTC per Block, which is a good reward to start
- A very low difficulty to start with

I started mining when the block height was as low as 20 (if I remember) and am getting a very healthy hash rate of 2305 KH/s on my Core i5-2400 CPU @ 3.10 GH........ mining running on 4 Cores (that is the default and you cant change).

That is fine if this is an experimental chain. I will not mind even if the devs re-set the chain.

Atleast, I got to enter the mining at such a lower block height...... and the experience has been wonderful.

a con that I see is the frequent rejections in the shares, possibly that is because of the low block time.

Good Luck, Devs !
full member
Activity: 462
Merit: 102
March 29, 2021, 12:12:33 AM
#31
Can't beleive that if block mine too fast,dev will reset Smiley so how many time this project will be reject?

Yep, this is concerning and for sure doesn't help. I have no confidence in this. Cheers
newbie
Activity: 28
Merit: 0
March 28, 2021, 08:49:15 PM
#30
Can't beleive that if block mine too fast,dev will reset Smiley so how many time this project will be reject?
newbie
Activity: 67
Merit: 0
March 28, 2021, 07:13:10 PM
#29
but please rename it correctly, the jumping between bitcoin and obtc is tiring
newbie
Activity: 67
Merit: 0
March 28, 2021, 07:11:09 PM
#28
don't you learn anything? Satoshi is a god and bitcoin is God's creation? how many more restarts will there be? have you heard that there is a testnet for tests? after the third restart you can rename the coin
newbie
Activity: 13
Merit: 0
March 28, 2021, 02:49:21 PM
#27
OK! Thanks for your patience and interest. The relaunch is happening. We mined a higher diff genesis block and updated the code with a new port and the new gen-block.

Changes on Github:

1. Updated oBTC Core
2. A new QT-wallet exe file

See oBTC downloads: https://www.powx.org/obtc


If you have the old QT wallet, to get onto the new chain:

1. Please download the new QT wallet
2. After installing it you reset your QT wallet as follows

Settings-> Options-> Reset Options -> OK

After this reset, your wallet will be stored in a new directory and ready to use on the new chain.



If you don't do this your wallet may not sync to the new chain.


The explorer is temporarily at https://explorer.powx.org:8888/ we'll set it back to the standard URL shortly.

Dear miners, your enthusiasm is appreciated. Please note this chain is still experimental and it may be restarted if >1 min blocks are not maintained. Don't be greedy.

newbie
Activity: 108
Merit: 0
March 26, 2021, 10:30:11 PM
#26
Dev needs an exchange !!!.
newbie
Activity: 80
Merit: 0
March 25, 2021, 11:27:45 AM
#25
Hello, i'm owner of http://rxrat.com.

Can i add you coin or i wait the restart ?

Thank you Smiley
newbie
Activity: 38
Merit: 0
March 24, 2021, 06:13:45 AM
#24
When to restart
newbie
Activity: 28
Merit: 0
March 24, 2021, 02:34:24 AM
#23
so now we must wait ?? months for this project restart again?
hero member
Activity: 2548
Merit: 626
March 22, 2021, 09:33:34 AM
#22
copper member
Activity: 145
Merit: 0
March 21, 2021, 12:29:48 PM
#21
I think exactly same thing there already blocks that take 34 minutes to be found and restarting a chain is a mistake. Blockchain anyway will adjust time to 10 minutes average even for that quick blocks mined previously. Of course the situation will re happen because of growing interest. Pool shows that top miners are from China so if you want to restart chan they will force chain at 100% and almost all coins will be in China at 100% be wise and leave chain running early miners are always rewarded with easy blocks and coins that is a normal thing. Let the chain work  and do not restart it. 
jr. member
Activity: 215
Merit: 2
March 21, 2021, 10:17:33 AM
#20
The team decision is too persistent. . . Yesterday the project just started and the block was produced very quickly. That was because a lot of miners were suddenly joined and the difficulty has not risen yet. . . . Many coins have low difficulty at the beginning, and blocks are produced very quickly. . . Including the early BTC is like this. . . Now stable

Now it’s stable. If the team insists on restarting, then this team is not worthy of trust.


14137   14 minutes ago   16   50 OBTC   193%   1 of 100
14136   28 minutes ago   16   50 OBTC   41%   2 of 100
14135   31 minutes ago   16   50 OBTC   158%   3 of 100
14134   42 minutes ago   16   50.000797 OBTC   61%   4 of 100
14133   about an hour ago   16   50 OBTC   180%   5 of 100
14132   about an hour ago   16   50 OBTC   16%   6 of 100
14131   about an hour ago   16   50.001316 OBTC   411%   7 of 100
14130   about an hour ago   16   50 OBTC   78%   8 of 100
14129   about 2 hours ago   16   50 OBTC   81%   9 of 100
14128   about 2 hours ago   16   50 OBTC   183%   10 of 100
14127   about 2 hours ago   16   50 OBTC   18%   11 of 100
14126   about 2 hours ago   16   50.001156 OBTC   22%   12 of 100
14125   about 2 hours ago   16   50 OBTC   78%   13 of 100
14124   about 2 hours ago   16   50 OBTC   118%   14 of 100
14123   about 2 hours ago   16   50.000989 OBTC   149%   15 of 100
14122   about 2 hours ago   16   50 OBTC   191%   16 of 100
14121   about 3 hours ago   16   50 OBTC   244%   17 of 100
14120   about 3 hours ago   16   50.001187 OBTC   51%   18 of 100
14119   about 3 hours ago   16   50 OBTC   62%   19 of 100
14118   about 3 hours ago   16   50 OBTC   25%   20 of 100
14117   about 3 hours ago   16   50 OBTC   41%   21 of 100
14116   about 3 hours ago   16   50 OBTC   119%   22 of 100
14115   about 3 hours ago   16   50.002096 OBTC   220%   23 of 100
14114   about 3 hours ago   16   50 OBTC   43%   24 of 100
14113   about 4 hours ago   16   50 OBTC   33%   25 of 100
14112   about 4 hours ago   16   50 OBTC   63%   26 of 100
14111   about 4 hours ago   4   50 OBTC   170%   27 of 100
14110   about 4 hours ago   4   50 OBTC   22%   28 of 100
14109   about 4 hours ago   4   50 OBTC   135%   29 of 100
14108   about 4 hours ago   4   50 OBTC   22%   30 of 100
14107   about 4 hours ago   4   50 OBTC   32%   31 of 100
14106   about 4 hours ago   4   50 OBTC   32%   32 of 100
14105   about 4 hours ago   4   50 OBTC   255%   33 of 100
14104   about 4 hours ago   4   50 OBTC   78%   34 of 100
14103   about 4 hours ago   4   50 OBTC   70%   35 of 100
14102   about 4 hours ago   4   50 OBTC   20%   36 of 100
14101   about 4 hours ago   4   50 OBTC   159%   37 of 100
14100   about 4 hours ago   4   50 OBTC   197%   38 of 100
14099   about 4 hours ago   4   50 OBTC   5%   39 of 100
14098   about 4 hours ago   4   50 OBTC   53%   40 of 100
14097   about 4 hours ago   4   50.002573 OBTC   2%   41 of 100
14096   about 4 hours ago   4   50 OBTC   108%   42 of 100
14095   about 4 hours ago   4   50 OBTC   120%   43 of 100
14094   about 4 hours ago   4   50 OBTC   29%   44 of 100
14093   about 4 hours ago   4   50 OBTC   311%   45 of 100
14092   about 4 hours ago   4   50 OBTC   64%   46 of 100
14091   about 4 hours ago   4   50 OBTC   38%   47 of 100
14090   about 4 hours ago   4   50 OBTC   32%   48 of 100
14089   about 4 hours ago   4   50 OBTC   17%   49 of 100
14088   about 4 hours ago   4   50 OBTC   60%   50 of 100
14087   about 4 hours ago   4   50 OBTC   221%   51 of 100
14086   about 4 hours ago   4   50 OBTC   35%   52 of 100
14085   about 4 hours ago   4   50 OBTC   46%   53 of 100
14084   about 4 hours ago   4   50 OBTC   292%   54 of 100
14083   about 4 hours ago   4   50 OBTC   59%   55 of 100
14082   about 4 hours ago   4   50 OBTC   6%   56 of 100
14081   about 4 hours ago   4   50 OBTC   12%   57 of 100
14080   about 4 hours ago   4   50 OBTC   23%   58 of 100
14079   about 4 hours ago   4   50 OBTC   106%   59 of 100
14078   about 4 hours ago   4   50.00163 OBTC   96%   60 of 100
14077   about 4 hours ago   4   50 OBTC   83%   61 of 100
14076   about 5 hours ago   4   50 OBTC   144%   62 of 100
14075   about 5 hours ago   4   50 OBTC   60%   63 of 100
14073   about 5 hours ago   4   50 OBTC   12%   65 of 100
14072   about 5 hours ago   4   50 OBTC   260%   66 of 100
14071   about 5 hours ago   4   50 OBTC   131%   67 of 100
14070   about 5 hours ago   4   50 OBTC   20%   68 of 100
14069   about 5 hours ago   4   50 OBTC   10%   69 of 100
14068   about 5 hours ago   4   50.00001312 OBTC   173%   70 of 100
14067   about 5 hours ago   4   50.001458 OBTC   457%   71 of 100
14066   about 5 hours ago   4   50 OBTC   182%   72 of 100
14065   about 5 hours ago   4   50 OBTC   165%   73 of 100
14064   about 5 hours ago   4   50 OBTC   7%   74 of 100
14063   about 5 hours ago   4   50 OBTC   173%   75 of 100
14062   about 5 hours ago   4   50 OBTC   35%   76 of 100
14061   about 5 hours ago   4   50 OBTC   135%   77 of 100
14060   about 5 hours ago   4   50 OBTC   339%   78 of 100
14059   about 5 hours ago   4   50.001692 OBTC   217%   79 of 100
14058   about 6 hours ago   4   50 OBTC   108%   80 of 100
14057   about 6 hours ago   4   50 OBTC   43%   81 of 100
14056   about 6 hours ago   4   50 OBTC   193%   82 of 100
14055   about 6 hours ago   4   50 OBTC   38%   83 of 100
14054   about 6 hours ago   4   50 OBTC   248%   84 of 100
14053   about 6 hours ago   4   50 OBTC   167%   85 of 100
14052   about 6 hours ago   4   50 OBTC   173%   86 of 100
14051   about 6 hours ago   4   50 OBTC   15%   87 of 100
14050   about 6 hours ago   4   50 OBTC   44%   88 of 100
14049   about 6 hours ago   4   50 OBTC   77%   89 of 100
14048   about 6 hours ago   4   50 OBTC   29%   90 of 100
14047   about 6 hours ago   4   50 OBTC   91%   91 of 100
14046   about 6 hours ago   4   50 OBTC   20%   92 of 100
14045   about 6 hours ago   4   50.001624 OBTC   93%   93 of 100
14044   about 6 hours ago   4   50 OBTC   512%   94 of 100
14043   about 6 hours ago   4   50 OBTC   3%   95 of 100
14042   about 6 hours ago   4   50 OBTC   19%   96 of 100
14041   about 6 hours ago   4   50 OBTC   5%   97 of 100
14040   about 6 hours ago   4   50 OBTC   53%   98 of 100
14039   about 6 hours ago   4   50 OBTC   81%   99 of 100
14038   about 6 hours ago   4   50 OBTC   16%   100 of 100
14037   about 6 hours ago   4   50 OBTC   154%   PAID
14036   about 6 hours ago   4   50 OBTC   81%   PAID
14035   about 6 hours ago   4   50 OBTC   239%   PAID
14034   about 7 hours ago   4   50 OBTC   122%   PAID
14033   about 7 hours ago   4   50.001729 OBTC   32%   PAID
14032   about 7 hours ago   4   50 OBTC   10%   PAID
14031   about 7 hours ago   4   50 OBTC   86%   PAID
14030   about 7 hours ago   4   50 OBTC   70%   PAID
newbie
Activity: 28
Merit: 0
March 20, 2021, 11:25:54 PM
#19
If you restart, why dont stop mining pool?
newbie
Activity: 13
Merit: 0
March 20, 2021, 04:39:51 PM
#18
Quick update:

We are fixing a few cosmetic things as well as working on relaunch with higher diff. It may be done earlier but we are targeting end of the month to relaunch. We will post here once we launch and in the discord.
newbie
Activity: 5
Merit: 0
March 20, 2021, 12:17:48 PM
#17
You should not restart anything as everything works very well , the only thing you need is more pools and decent exchanges

restart is make sense, nobady should pay for ur mining cost when u stiill mining.
jr. member
Activity: 215
Merit: 2
March 20, 2021, 05:30:51 AM
#16
You should not restart anything as everything works very well , the only thing you need is more pools and decent exchanges

Developers have the right to speak. . . Restart whenever he wants
newbie
Activity: 108
Merit: 0
March 20, 2021, 12:20:16 AM
#15
You should not restart anything as everything works very well , the only thing you need is more pools and decent exchanges
newbie
Activity: 13
Merit: 0
March 19, 2021, 08:36:14 PM
#14
Please stop mining unless you just want to help us do testing. We will post here when we relaunch. We will make sure the diff is high enough right away at relaunch. If you're frustrated with us experimenting, please read the disclaimer in the original post... Thanks for all the interest again, we really didn't expect it!
jr. member
Activity: 215
Merit: 2
March 19, 2021, 05:29:15 PM
#13
Many coins are very difficult to set up. . Finally died...
jr. member
Activity: 215
Merit: 2
March 19, 2021, 05:27:45 PM
#12
If the setting difference is very big, the difficulty is very high. . . So once a lot of miners leave. If you don’t make a block for several hours or even half a day, you can’t transfer money out. . .
jr. member
Activity: 215
Merit: 2
March 19, 2021, 05:25:00 PM
#11
As I was saying in Discord (the one that Matusik484 posted https://discord.gg/JvPep78Ysa), it looks like we set the difficulty too low. We didn't expect so many people to start mining. (thanks for the interest!). Of course, we can't go to prod with the chain running 1-second blocks so we will have to reset with a higher diff genesis block after we do some more testing. We launched with 1 min blocks and thought it would adjust to ten over time Smiley.

We're figuring out where to get the hashpower to mine a high diff genesis and will post here when we are ready to relaunch.


you are going to do a reboot ,,,,, if not, do not reboot

At the beginning, the difficulty was very low, and then I entered a strong computing ability. Therefore, the block is produced quickly, and the difficulty gradually rises. It is normal. . . . I feel that the developers do not understand. . .
newbie
Activity: 88
Merit: 0
March 19, 2021, 05:17:12 PM
#10
As I was saying in Discord (the one that Matusik484 posted https://discord.gg/JvPep78Ysa), it looks like we set the difficulty too low. We didn't expect so many people to start mining. (thanks for the interest!). Of course, we can't go to prod with the chain running 1-second blocks so we will have to reset with a higher diff genesis block after we do some more testing. We launched with 1 min blocks and thought it would adjust to ten over time Smiley.

We're figuring out where to get the hashpower to mine a high diff genesis and will post here when we are ready to relaunch.


you are going to do a reboot ,,,,, if not, do not reboot
newbie
Activity: 108
Merit: 0
March 19, 2021, 04:43:28 PM
#9
exchange Huh
jr. member
Activity: 215
Merit: 2
March 19, 2021, 03:18:58 PM
#8
Scam, be careful, if you want to restart, why not shut down the network. Many people are still mining. . Waste everyone's power, a team with no reputation. . . . Garbage items. He died in just one day after he came out
newbie
Activity: 13
Merit: 0
March 19, 2021, 09:33:16 AM
#7
As I was saying in Discord (the one that Matusik484 posted https://discord.gg/JvPep78Ysa), it looks like we set the difficulty too low. We didn't expect so many people to start mining. (thanks for the interest!). Of course, we can't go to prod with the chain running 1-second blocks so we will have to reset with a higher diff genesis block after we do some more testing. We launched with 1 min blocks and thought it would adjust to ten over time Smiley.

We're figuring out where to get the hashpower to mine a high diff genesis and will post here when we are ready to relaunch.

jr. member
Activity: 101
Merit: 2
March 19, 2021, 06:38:45 AM
#6
EVERYONE!
I made unofficial (or) official oBTC Discord, where people can talk about all stuff (problems, mining etc..) releated to Optical Bitcoin.

I"m also asking devs to join Smiley @kazumi_opow

You can join here : https://discord.gg/JvPep78Ysa
newbie
Activity: 58
Merit: 0
March 19, 2021, 06:24:11 AM
#5
This is an odd coin to mine Cool Shocked Is there a max supply?
newbie
Activity: 67
Merit: 0
March 19, 2021, 05:38:42 AM
#4
will the complexity ever increase? block time is about a second
newbie
Activity: 67
Merit: 0
March 18, 2021, 08:54:37 PM
#3
2021-03-19T01:52:54Z New outbound peer connected: version: 70015, blocks=168, peer=0 (full-relay)
2021-03-19T01:53:05Z Synchronizing blockheaders, height: 168 (~100.00%)
2021-03-19T01:53:05Z Disconnecting outbound peer 0 -- headers chain has insufficient work
2021-03-19T01:53:05Z New outbound peer connected: version: 70015, blocks=169, peer=1 (full-relay)
2021-03-19T01:53:05Z Synchronizing blockheaders, height: 169 (~100.00%)
2021-03-19T01:53:05Z Disconnecting outbound peer 1 -- headers chain has insufficient work
2021-03-19T01:53:06Z New outbound peer connected: version: 70015, blocks=169, peer=2 (full-relay)

...
newbie
Activity: 108
Merit: 0
March 18, 2021, 06:39:42 PM
#2
Windows wallet Huh
newbie
Activity: 13
Merit: 0
March 18, 2021, 05:45:14 PM
#1
What is oBTC?

Optical Bitcoin [oBTC] is an experimental Bitcoin fork using oPoW, proof of work algorithm for optical computers developed by PoWx (www.powx.org).

What has been changed in the Bitcoin codebase?

The Proof of Work has been swapped for oPoW and the halving period has been doubled.

What is oPoW?

Optical Proof of Work, a hashcash derivative that is compatible with existing optical computers developed for AI.

Who is Behind PoWx?

The founders of PoWx are Michael Dubrovsky and Bogdan Penkovsky, however, there are many contributors. More details are available on Github: https://github.com/PoWx-Org/obtc-core/blob/master/README.md

Technology

See https://powx.org/opow

oBTC Codebase

https://www.powx.org/obtc

Individual Github links:
https://github.com/PoWx-Org/obtc-core/
https://github.com/PoWx-Org/obtc-pool
https://github.com/PoWx-Org/obtc-miner
https://github.com/PoWx-Org/obtc-bluewallet (Also available on Google Play https://play.google.com/store/apps/details?id=io.bluewallet.obtcwallet)
https://github.com/PoWx-Org/obtc-esplora
https://github.com/PoWx-Org/obtc-electrs

Current State of the Blockchain

As we are publishing this, the chain is at block height ~10 and is in the process of adjusting to the correct 10-min block time. The genesis block was empty (i.e. there was no pre-mine and the BTC transaction history was not preserved).

Project Goals

We outlined the value proposition of oPoW in our paper, blog posts, etc. over the last several years. The long-term goal is to shift the PoW ecosystem to low-energy computing, making the hashrate more resilient and enabling a much broader geographic distribution of mining. Please see www.PoWx.org

Disclaimer

This is an experimental network. We’re hoping that it’s usable and stable as is based on our testing, however, if you mine it, note that you are doing so at your own risk. We may have to relaunch the network in the future and coin balances may be lost. We will be posting updates on the state of development and critical upcoming milestones.

Update (May 2021): Although we did end up having to reset the network once shorty after publishing due to low initial difficulty, it has been stable for some months and will not be reset again without conserving balances.

Contact us

Please fill out the contact form on https://www.powx.org/

Contribute

https://www.powx.org/join-us

Donate to the project

BTC donations address: bc1qw2ktw8j2h5zat83fsx2mwjee6red8wl358ytnf6srg4lm65t98eqcdpzxk

oBTC donations address: bc1qgwsxekczx5qjua3guunp8d2ep0p3thas46ktvc

Questions?

We are all volunteers, so have limited time to field questions but here is a form you can fill out:

https://forms.gle/mbqxUjFaSypjenez7

We will check on this from time to time and do our best to answer. In the meantime, there are a lot of great resources on our website to review.

Mine oBTC on the official (beta):

http://pool.obtc.me/

Includes NVIDIA windows miner and cpu miner

4.5% fee to support dev team

Jump to: