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Topic: BANKSYCOIN (SOON TO BE ARTSYCOIN) - ORIGINAL OFFICIAL THREAD - page 42. (Read 75801 times)

hero member
Activity: 770
Merit: 501
I disabled the pool for now. So many blocks Cheesy Hope diff retarget and block times change in the near future. I like banksycoin and the giveaways Wink But for now it should be easy to solomine.

would be nice if someone did a solo mine guide so everyone can do this, I've never solo mined a coin cause the diff was always too high ....

I know this will not sound too useful, but what I did, was go to the mining section here and read up on things,

Most of the guides are based on one coin, but it is fairly easy to take those same settings and apply that to other scrypt coins too.

Here for example

https://bitcointalksearch.org/topic/a-how-to-guide-for-solo-mining-521563

This link below will help give you an idea what your graphics card might be capable of.
https://litecoin.info/Mining_hardware_comparison


I have plenty of good hardware, 4x 270x  saphs and a 8 core CPU  ... but that guide teaches me very little and it's written by someone who clearly has been guilty of ripping people off.... (check the trust on the OP ...  -4  Huh)

My questions would be:


What are RPC details ?
where do I get RPC details ?
The Ip Address is the local to my machine or outbound to another?
Do I need to make allowances in my router for this connection ?
Do I need to make allowances in my firewall for this connection ?
Do I need to take special steps in security to protect the machine in question ?

.....And I am sure I can come up with  a bunch more questions once I start trying to set it up, that if we want the public to start using crypto currency regularly we should cover ... being the dunce here I am pretty sure I can pose the  right ones so average joe can setup and start mining ... coins are not just for the 1337
legendary
Activity: 910
Merit: 1000
I disabled the pool for now. So many blocks Cheesy Hope diff retarget and block times change in the near future. I like banksycoin and the giveaways Wink But for now it should be easy to solomine.

would be nice if someone did a solo mine guide so everyone can do this, I've never solo mined a coin cause the diff was always too high ....

I know this will not sound too useful, but what I did, was go to the mining section here and read up on things,

Most of the guides are based on one coin, but it is fairly easy to take those same settings and apply that to other scrypt coins too.

Here for example

https://bitcointalksearch.org/topic/a-how-to-guide-for-solo-mining-521563

This link below will help give you an idea what your graphics card might be capable of.
https://litecoin.info/Mining_hardware_comparison
full member
Activity: 224
Merit: 100
Hello guys, we will take your suggestions on board and try to make some changes in the near future  Smiley
hero member
Activity: 770
Merit: 501
I disabled the pool for now. So many blocks Cheesy Hope diff retarget and block times change in the near future. I like banksycoin and the giveaways Wink But for now it should be easy to solomine.

would be nice if someone did a solo mine guide so everyone can do this, I've never solo mined a coin cause the diff was always too high ....
full member
Activity: 380
Merit: 100
Community Manager - Blockchain analyst
I disabled the pool for now. So many blocks Cheesy Hope diff retarget and block times change in the near future. I like banksycoin and the giveaways Wink But for now it should be easy to solomine.
legendary
Activity: 2212
Merit: 1199

Those links should be placed in the OP Smiley

Other way so many members will not find it Smiley


hero member
Activity: 672
Merit: 500
Banned: For Your Protection

↑ click to see video

To specify my earlier post, this is just a short (boring) sequence what happens when you put a few MH/s on Banksycoin. Diff increase is limited, so a lot of valid block hashes are found waaay to fast. I don't think that's healthy for a coin.


Well that certainly explains why the blocks I find are few and far between...  Sad
full member
Activity: 380
Merit: 100
Community Manager - Blockchain analyst

↑ click to see video

To specify my earlier post, this is just a short (boring) sequence what happens when you put a few MH/s on Banksycoin. Diff increase is limited, so a lot of valid block hashes are found waaay to fast. I don't think that's healthy for a coin.
sr. member
Activity: 434
Merit: 250
No I hadn't. I just noticed that, now working again
legendary
Activity: 910
Merit: 1000
Talking about solo mining, I managed it the other day but today it just won't work for me. My banksycoin.conf looks like this but I just don't understand why it doesnt work anymore

rpcuser=x
rpcpassword=x2
rpcallowip=*
rpcport=9306
listen=1
daemon=1
server=1
addnode=66.85.133.206:36274
addnode=82.139.116.38:36274


Have you updated the wallet to the newest version??
Was released a couple of days ago or so.
sr. member
Activity: 434
Merit: 250
Talking about solo mining, I managed it the other day but today it just won't work for me. My banksycoin.conf looks like this but I just don't understand why it doesnt work anymore

rpcuser=x
rpcpassword=x2
rpcallowip=*
rpcport=9306
listen=1
daemon=1
server=1
addnode=66.85.133.206:36274
addnode=82.139.116.38:36274
newbie
Activity: 2
Merit: 0
Hi all,
OK total newb here. I've got the wallet. Clicked mine (noting the warning message about solo mining) now do I just sit back & let it happen or should I be busy setting up something else. If I need to read an earlier message can someone point me to it rather than attempting to scroll back through 14 pages of messages.

Thanks in advance for the help.
Can ask you a question

Are you hoping to use your CPU for mining or do you have a graphics card and if so, which kind?

CPU mining will get you not so many coins, but difficulty is lowish, so not completely worthless, you might be lucky.


I am CPU mining. Its on an unmodified iMac.
legendary
Activity: 910
Merit: 1000
Hi all,
OK total newb here. I've got the wallet. Clicked mine (noting the warning message about solo mining) now do I just sit back & let it happen or should I be busy setting up something else. If I need to read an earlier message can someone point me to it rather than attempting to scroll back through 14 pages of messages.

Thanks in advance for the help.
Can ask you a question

Are you hoping to use your CPU for mining or do you have a graphics card and if so, which kind?

CPU mining will get you not so many coins, but difficulty is lowish, so not completely worthless, you might be lucky.

sr. member
Activity: 294
Merit: 250
★777Coin.com★ Fun BTC Casino!
reduce some coins so that the value of the coin should increase if that much coins is in circulation then it will make the coin value lower.
newbie
Activity: 2
Merit: 0
Hi all,
OK total newb here. I've got the wallet. Clicked mine (noting the warning message about solo mining) now do I just sit back & let it happen or should I be busy setting up something else. If I need to read an earlier message can someone point me to it rather than attempting to scroll back through 14 pages of messages.

Thanks in advance for the help.
sr. member
Activity: 434
Merit: 250
I would reduce the total number of coins, a billion is far too many for PoW these days. How many have been mined now?

This is a great coin, if you ended PoW in a week, you would get a lot more people mining it. At the moment there is just no hurry to accumulate
legendary
Activity: 910
Merit: 1000
Could we change the block time to something like 60-180 seconds or so? Right now it's way to fast, causing a lot of orphans and giant debug.log files. In case of mass adoption this would be a major headache.


Banksy coin is

◦Algorithm: Scrypt
◦Hybrid POW & POS.
◦Total Coins: 999,999,999 BSY
◦Total Premine: 10% (Premined coins will be
donated in various giveaways)
◦Yearly Interest: 2% Annually
◦Block Time: 60 Seconds        <<<<<<<<<------------------already 60secs ......
◦The fastest transactions ever.
◦Min stake age: 5 days, Max age: 100 days
◦Wallet Block explorer buit-in.
◦Wallet IRC chat Built-in.
◦Modern Wallet Layout.

AM I missing something in your request to change block frequency ?

I think the problem is, when difficulty is low, then blocks are solved, quicker than 60 seconds. I do not think there is much you can do about changing that, to be honest, apart from getting more people to mine, then the time between blocks will increase.
hero member
Activity: 770
Merit: 501
Could we change the block time to something like 60-180 seconds or so? Right now it's way to fast, causing a lot of orphans and giant debug.log files. In case of mass adoption this would be a major headache.


Banksy coin is

◦Algorithm: Scrypt
◦Hybrid POW & POS.
◦Total Coins: 999,999,999 BSY
◦Total Premine: 10% (Premined coins will be
donated in various giveaways)
◦Yearly Interest: 2% Annually
◦Block Time: 60 Seconds        <<<<<<<<<------------------already 60secs ......
◦The fastest transactions ever.
◦Min stake age: 5 days, Max age: 100 days
◦Wallet Block explorer buit-in.
◦Wallet IRC chat Built-in.
◦Modern Wallet Layout.

AM I missing something in your request to change block frequency ?
full member
Activity: 380
Merit: 100
Community Manager - Blockchain analyst
Could we change the block time to something like 60-180 seconds or so? Right now it's way to fast, causing a lot of orphans and giant debug.log files. In case of mass adoption this would be a major headache.
member
Activity: 77
Merit: 10
block rewards are way too low on this coin to keep mining with too large of a coin supply....
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