Pages:
Author

Topic: [ANN][LAUNCH] [YUM] BaconBits - A coin so good you'll want to eat it! (Read 22875 times)

full member
Activity: 215
Merit: 100
Y'all can send any leftover bacon you won't be eating to me at GL3RNVf7dnYChJ4fdktG2MfVDAJFMM3VQs

Smiley
member
Activity: 75
Merit: 10
i guess this coin is dead, anyone want to buy my 375 coins
i'll buy them for 150 YUM
full member
Activity: 204
Merit: 100
i guess this coin is dead, anyone want to buy my 375 coins
legendary
Activity: 980
Merit: 1000
i will trade all of my baconcoins for a tuna sandwich (1200)
hero member
Activity: 1008
Merit: 501
Lol its been another week that the dev has been gone, since saying he was going to be back and help revive this coin.  Lol.  I don't understand what would make a person put the time and energy (and possibly money) into a venture like developing a coin, then fall off the face off the earth to watch their coin die.

That's what I was thinking too .... HuhHuh? Makes no sense
hero member
Activity: 541
Merit: 500
Lol its been another week that the dev has been gone, since saying he was going to be back and help revive this coin.  Lol.  I don't understand what would make a person put the time and energy (and possibly money) into a venture like developing a coin, then fall off the face off the earth to watch their coin die.
hero member
Activity: 714
Merit: 500
Skol!
hero member
Activity: 1008
Merit: 501
The reason this coin got stuck at a high difficulty is because some pools.. bettercoin in particular didn't pay out fairly at launch. I was mining right at the beginning finding blocks.. blocks were being found every second.. and none of my hashrate was reported on their website. I continued to mine there because the admin was posting on the site that payouts would catch up.. this was a lie. I didn't receive any payouts until block 2500 or so when I was submitting shares from block one. Only got 80 coins from the pools 90,000 coins that were found in the first hour or two. Then they switched to pps.. felt ripped off and scammed.. and bettercoin was supposedly the official pool.. complete bs.

Read my posts in this thread, bettercoin pool also ripped me off, the admin denied it and promised to publish my hashrate and stats and he never delivered.

Hey I take back everything I said to you! You called it from the beginning this coin is shit was shit and will continue to be shit! I don't get the point in releasing a coin if your not going to support it ? What's the point?
sr. member
Activity: 308
Merit: 250
The reason this coin got stuck at a high difficulty is because some pools.. bettercoin in particular didn't pay out fairly at launch. I was mining right at the beginning finding blocks.. blocks were being found every second.. and none of my hashrate was reported on their website. I continued to mine there because the admin was posting on the site that payouts would catch up.. this was a lie. I didn't receive any payouts until block 2500 or so when I was submitting shares from block one. Only got 80 coins from the pools 90,000 coins that were found in the first hour or two. Then they switched to pps.. felt ripped off and scammed.. and bettercoin was supposedly the official pool.. complete bs.

Read my posts in this thread, bettercoin pool also ripped me off, the admin denied it and promised to publish my hashrate and stats and he never delivered.
member
Activity: 112
Merit: 10
The reason this coin got stuck at a high difficulty is because some pools.. bettercoin in particular didn't pay out fairly at launch. I was mining right at the beginning finding blocks.. blocks were being found every second.. and none of my hashrate was reported on their website. I continued to mine there because the admin was posting on the site that payouts would catch up.. this was a lie. I didn't receive any payouts until block 2500 or so when I was submitting shares from block one. Only got 80 coins from the pools 90,000 coins that were found in the first hour or two. Then they switched to pps.. felt ripped off and scammed.. and bettercoin was supposedly the official pool.. complete bs.

The coin daemon was broken and causing double payouts... the yum appears to be dead, so a lot of us collectively lost time and energy on baconbits.  If you believe it's going places get me your address and I'll send you what I've got.

But if you'd like to follow a coin that has an awesome community, active devs, a promising future with a pretty decent trading volume at coinmarket.io, you should check out USDe!

https://bitcointalksearch.org/topic/ann-usde-unitary-status-dollar-ecoin-improved-halving-kgw-fix-update-410254
http://usd-e.com
newbie
Activity: 26
Merit: 0
The reason this coin got stuck at a high difficulty is because some pools.. bettercoin in particular didn't pay out fairly at launch. I was mining right at the beginning finding blocks.. blocks were being found every second.. and none of my hashrate was reported on their website. I continued to mine there because the admin was posting on the site that payouts would catch up.. this was a lie. I didn't receive any payouts until block 2500 or so when I was submitting shares from block one. Only got 80 coins from the pools 90,000 coins that were found in the first hour or two. Then they switched to pps.. felt ripped off and scammed.. and bettercoin was supposedly the official pool.. complete bs.
hero member
Activity: 868
Merit: 1000
want to sell all of my Baconbits.  which is like 925.  Pm with offers

hero member
Activity: 1008
Merit: 501
It's still going to take a bit to get this coin turned around.  You don't even really need to work on hard forking the coin to get the difficulty adjusted.  It's pretty low right now.  

All you need to do to get everything back on track is:

a) Pay out all the rewards you promised to miners for finding blocks while difficulty was above 7.

b) Get to work promoting the coin.  Not just giving out Baconbits in giveaways.  But doing things like trying to get it on an exchange.  Keep posting updates and things to keep this thread rolling, and up on the thread list so it gets read and interests more miners.

c) Explain to the miners (Since a few of us are ticked yet) why you left (I know you said you were busy with life and work), but many of us noticed you were posting alot on the USDe threads, and had the time to photoshop and post pics in that thread, and it looked alot like you were mining there as well, yet you left your own coins thread untouched for almost a week.  Yes it will suck having to apologize, but you need to get people back on your side.  The internet leaves a paper trail.

d) Fix the Original post.  The retarget should not say 3 hours.  It's not.  Put Retarget every 600 blocks.  or if you want to keep with a time aspect, say every 5 hours, as 3 hours at 30 second blocks is every 360 blocks, and not 600.   Also remove the line that stated there is a group of developers, since it looks like it is only you.


After that some miners will come back, and the retarget will be hit in very little time.  Which will give you some time to fix the wallet.

+1 couldn't have said it better myself!
hero member
Activity: 541
Merit: 500
It's still going to take a bit to get this coin turned around.  You don't even really need to work on hard forking the coin to get the difficulty adjusted.  It's pretty low right now.  

All you need to do to get everything back on track is:

a) Pay out all the rewards you promised to miners for finding blocks while difficulty was above 7.

b) Get to work promoting the coin.  Not just giving out Baconbits in giveaways.  But doing things like trying to get it on an exchange.  Keep posting updates and things to keep this thread rolling, and up on the thread list so it gets read and interests more miners.

c) Explain to the miners (Since a few of us are ticked yet) why you left (I know you said you were busy with life and work), but many of us noticed you were posting alot on the USDe threads, and had the time to photoshop and post pics in that thread, and it looked alot like you were mining there as well, yet you left your own coins thread untouched for almost a week.  Yes it will suck having to apologize, but you need to get people back on your side.  The internet leaves a paper trail.

d) Fix the Original post.  The retarget should not say 3 hours.  It's not.  Put Retarget every 600 blocks.  or if you want to keep with a time aspect, say every 5 hours, as 3 hours at 30 second blocks is every 360 blocks, and not 600.   Also remove the line that stated there is a group of developers, since it looks like it is only you.


After that some miners will come back, and the retarget will be hit in very little time.  Which will give you some time to fix the wallet.
legendary
Activity: 980
Merit: 1000
hey glad to hear that you're back raminnoodle, hope that your re-doubled efforts pay off.
hero member
Activity: 1008
Merit: 501
The wallet is actually synced. What you are seeing is cross traffic from litecoin, so the wallet thinks that it can sync with litecoin however it can not. Once I get the upgrade code all nice and polished it should mask this issue. The only problem is coordinating with the pool owners for this upgrade because it needs to happen all at the same time to prevent major forking issues. I am working with InTheMoney to revive this delicious coin.

Perfect!! Glad to see the bacon isn't being left to rot !!
newbie
Activity: 56
Merit: 0
The wallet is actually synced. What you are seeing is cross traffic from litecoin, so the wallet thinks that it can sync with litecoin however it can not. Once I get the upgrade code all nice and polished it should mask this issue. The only problem is coordinating with the pool owners for this upgrade because it needs to happen all at the same time to prevent major forking issues. I am working with InTheMoney to revive this delicious coin.
hero member
Activity: 1008
Merit: 501
Hello everyone, I wanted to apologize for the absents of my presence on the forum. I have been very busy with work and life in general. I wanted to let everyone know that I am currently working on upgrade the code to address the diff targeting and some other bugs that I would like to get all fixed up. Once I have this update out I would like to work with some people to help get BaconBits out and about in the wild again.

Oh good to see you are still around!! Is it possible to get the wallet issue fixed? I can't even get my wallet to sync up anymore... It's trying to sync some huge number of blocks
newbie
Activity: 56
Merit: 0
Hello everyone, I wanted to apologize for the absents of my presence on the forum. I have been very busy with work and life in general. I wanted to let everyone know that I am currently working on upgrade the code to address the diff targeting and some other bugs that I would like to get all fixed up. Once I have this update out I would like to work with some people to help get BaconBits out and about in the wild again.
hero member
Activity: 1008
Merit: 501
I agree that it would be nice to see this coin make a come back. 

Also letting you know the retarget is 531 Blocks away, and not 64 blocks.

I really wish it would ..... But from the looks of it... That's not gonna happen
Pages:
Jump to: