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Topic: BipCoin - CryptoNote, profitable to mine [same chain, new dev 2017] - page 7. (Read 32832 times)

legendary
Activity: 2165
Merit: 1002
Well, whatever you did for the difficulty seems to have worked. It's been sensible for a few days now.

If only the price could be fixed too. Hopefully after the bitcoin fork and once some visible progress is made faith can be restored.
newbie
Activity: 131
Merit: 0
Where can I find ur WP??
newbie
Activity: 50
Merit: 0
Hi, guys! Nice project. I have some questions about bounty program, it is clear to me, but when we get the coins for the bounty? Immediately or need to wait for long?
legendary
Activity: 2165
Merit: 1002
I want to buy 100k BIP at a price of 0.00001000. Offer not negotiable. DM.

And why on earth would you pay 3x the current market price? Makes no sense. Just buy on cryptopia until price reaches 1000sat
newbie
Activity: 37
Merit: 0
I want to buy 100k BIP at a price of 0.00001000. Offer not negotiable. DM.
newbie
Activity: 56
Merit: 0
It seems to have stabilized somewhat at a sensible level. Let's hope it behaves from now on.

I put a small miner on it.

I fixed some bugs and I'm about finished updating my nicehash bot.  It should keep the average blocktime between 1 min and 60 mins.  It will keep the difficulty from dipping so much like you mentioned one day ago and also during longer blocktimes keep the network hashrate from going too low. I think this solution is going to work really well (even better than changing the difficulty algorithm) but I'll keep an eye on it for a while longer before I release the code on github.

Thanks for mining BipCoin!

legendary
Activity: 2165
Merit: 1002
It seems to have stabilized somewhat at a sensible level. Let's hope it behaves from now on.

I put a small miner on it.
full member
Activity: 187
Merit: 100
Cryptocurrency enthusiast
Really, difficulty algorithm needs to be fixed ASAP, otherwise the coin is as good as dead.

There's nothing to actually fix. All the settings are set in header file:

https://github.com/BEASTLICK-INTERNET-POLICY-COMMISSION/bipcoin/blob/master/src/CryptoNoteConfig.h
onst uint64_t DIFFICULTY_TARGET                             = 120; // seconds
const uint64_t EXPECTED_NUMBER_OF_BLOCKS_PER_DAY             = 720;
const size_t   DIFFICULTY_WINDOW                                = 720;
const size_t   DIFFICULTY_CUT                                = 60;  // timestamps to cut after sorting
const size_t   DIFFICULTY_LAG                                = 15;  // !!!

These are default ones, and nobody is interested in reading cryptonote daemon documentation or changin somethin. Famous coins such as Monero have a good decentralization, you're just not able to take 500 Mh/s somewhere from your pocket to shake network diff. Good decision is to associate these settings with current block number to put off nicehash users while network speed is too low at the beginning of the coin's life. As the network hashrate is evaluated, it's a bad way to bind to it.
legendary
Activity: 2165
Merit: 1002
And suddenly, difficulty dropped to like 13k. Blocks are coming very very fast, over 1 block per minute, but the pool I tried to mine in with 1.3k gets nothing for over an hour.

Obviously the real hash power is much higher than difficulty because a super miner is getting all the blocks. Soon, difficulty will be 200k again and he will stop, leaving the suckers for weeks to work for nothing.

Really, difficulty algorithm needs to be fixed ASAP, otherwise the coin is as good as dead.
newbie
Activity: 42
Merit: 0
Hi Dev

i cant transact any coins from my wallet, not sure if its the network issue or my wallet ?

all good, sorted it out !
newbie
Activity: 42
Merit: 0
Hi Dev

i cant transact any coins from my wallet, not sure if its the network issue or my wallet ?
sr. member
Activity: 409
Merit: 250
We need people who are willing to spend some BTC(Bitcoin) to buy CryptoNight hashing power on nicehash.com mining BipCoin to keep the BipCoin network stable. If you are interested please open up a nicehash.com account and contact me about setting up the API for automatic order updating. It can be automated to add more hashing power when blocks are taking longer to confirm. I think we should try to keep the block times under 60 minutes.

Is anyone even still working on this project? I was quite excited about the potential here about half a year ago when I discovered BipCoin, and I would consider supporting it via buying some hashing power if necessary, but only if I see that people still care about the project and are working on it, and to be honest I haven't seen sings of that in a long time.
A month ago you mentioned some updates that are in the pipeline. Anything new there?

I did release some new code (3,265 lines) last month (https://github.com/KittyCatTech) that I had been working on for a long time.

However BipCoin needs to have more stable block times before the coin will be usable for commerce.  In the last couple weeks I have rewritten my hicehash bot (https://github.com/KittyCatTech/bipcoin-nicehash-bot) to solve this problem and I am now testing and debugging the new changes. I'll publish the updated bot on github once I'm satisfied with the way it's working. But you should be noticing shorter average block times already as I test it.

So I'm looking forward to people (possibly you) opening nice hash accounts and running the bot to keep the block times short. I think this is a much better (market based) solution than adjusting the difficulty algorithm.

There are a few other projects that I'm going to suggest that the community join me in donating to the development of such as: a paper wallet generator, merchant gateway, and online wallet. Join us as we continue our mission to make dark coins fun again.


While it is commendable that you still work on the project instead of just giving up, it is not realistic to expect people to rent hashpower for what looks to be almost 100% loss right now.
I still have not seen a clear explanation why difficulty has failed to adjust properly for months now. I've seen other cryptonight coins with such issues but nowhere near so severe.

Are you sure modifying the difficulty adjustment is not the better approach?
newbie
Activity: 56
Merit: 0
We need people who are willing to spend some BTC(Bitcoin) to buy CryptoNight hashing power on nicehash.com mining BipCoin to keep the BipCoin network stable. If you are interested please open up a nicehash.com account and contact me about setting up the API for automatic order updating. It can be automated to add more hashing power when blocks are taking longer to confirm. I think we should try to keep the block times under 60 minutes.

Is anyone even still working on this project? I was quite excited about the potential here about half a year ago when I discovered BipCoin, and I would consider supporting it via buying some hashing power if necessary, but only if I see that people still care about the project and are working on it, and to be honest I haven't seen sings of that in a long time.
A month ago you mentioned some updates that are in the pipeline. Anything new there?

I did release some new code (3,265 lines) last month (https://github.com/KittyCatTech) that I had been working on for a long time.

However BipCoin needs to have more stable block times before the coin will be usable for commerce.  In the last couple weeks I have rewritten my hicehash bot (https://github.com/KittyCatTech/bipcoin-nicehash-bot) to solve this problem and I am now testing and debugging the new changes. I'll publish the updated bot on github once I'm satisfied with the way it's working. But you should be noticing shorter average block times already as I test it.

So I'm looking forward to people (possibly you) opening nice hash accounts and running the bot to keep the block times short. I think this is a much better (market based) solution than adjusting the difficulty algorithm.

There are a few other projects that I'm going to suggest that the community join me in donating to the development of such as: a paper wallet generator, merchant gateway, and online wallet. Join us as we continue our mission to make dark coins fun again.
full member
Activity: 326
Merit: 124
We need people who are willing to spend some BTC(Bitcoin) to buy CryptoNight hashing power on nicehash.com mining BipCoin to keep the BipCoin network stable. If you are interested please open up a nicehash.com account and contact me about setting up the API for automatic order updating. It can be automated to add more hashing power when blocks are taking longer to confirm. I think we should try to keep the block times under 60 minutes.

Is anyone even still working on this project? I was quite excited about the potential here about half a year ago when I discovered BipCoin, and I would consider supporting it via buying some hashing power if necessary, but only if I see that people still care about the project and are working on it, and to be honest I haven't seen sings of that in a long time.
A month ago you mentioned some updates that are in the pipeline. Anything new there?
newbie
Activity: 56
Merit: 0
We need people who are willing to spend some BTC(Bitcoin) to buy CryptoNight hashing power on nicehash.com mining BipCoin to keep the BipCoin network stable
What kind of BTC amounts are we talking about? Just a ball park figure?

The minimum order on nicehash.com is 0.005 BTC and if it's mining half the time at 0.01 MH/S it would last about 4 days. The amount of BIP it would mine varies based on the current difficulty.
newbie
Activity: 35
Merit: 0
We need people who are willing to spend some BTC(Bitcoin) to buy CryptoNight hashing power on nicehash.com mining BipCoin to keep the BipCoin network stable
What kind of BTC amounts are we talking about? Just a ball park figure?
newbie
Activity: 56
Merit: 0
i had been hosting several nodes, i have taken them offline. please remove any reference in the code to them *.werdwerd.us thanks

Could you please submit at pull request to update the code on github?

here: https://github.com/BEASTLICK-INTERNET-POLICY-COMMISSION/bipcoin/blob/master/src/CryptoNoteConfig.h

and here: https://github.com/forknote/configs/blob/master/bipcoin.conf
newbie
Activity: 56
Merit: 0
How can I see how many coins I have or transfer the coins? This wallet is not user friendly



"2017-Oct-19 07:08:19.952212 INFO    bipcoin wallet v2.0.1.1221 (4a3a5ab)
Nor 'generate-new-wallet' neither 'wallet-file' argument was specified.
What do you want to do?
  • pen existing wallet, [G]enerate new wallet file, mport wallet or [E]xit.
o
Specify wallet file name (e.g., wallet.bin).
Wallet file name: wallet
password: *
2017-Oct-19 07:08:28.146012 INFO    Loading wallet...
2017-Oct-19 07:08:28.239767 INFO    Opened wallet: bip1tE9JcDudWaqBRZnETZjMLGJZ1doHggbNK35tNzbYb1MKUKSZqFyfrAiYNxwvp6EVtRYPLRpmB3u ewuBmvkVM2xrY3QubHL
2017-Oct-19 07:08:28.255392 INFO    **********************************************************************
Use "help" command to see the list of available commands.
**********************************************************************
Height 163926 of 163926
"

In the CLI(Comand Line Interface) wallet, type 'help' to see the commands.

The commands are explained in detail at the download page on the website: https://bipcoin.org/?page_id=93

I would suggest that you download the Windows GUI (Graphical User Interface) wallet which is available at the same link above. The GUI wallet is user friendly and works great! Just click the link "Download Windows GUI wallet v0004" on the download page.

https://bipcoin.org/?page_id=93

newbie
Activity: 56
Merit: 0
We need people who are willing to spend some BTC(Bitcoin) to buy CryptoNight hashing power on nicehash.com mining BipCoin to keep the BipCoin network stable. If you are interested please open up a nicehash.com account and contact me about setting up the API for automatic order updating. It can be automated to add more hashing power when blocks are taking longer to confirm. I think we should try to keep the block times under 60 minutes.
newbie
Activity: 14
Merit: 0
How can I see how many coins I have or transfer the coins? This wallet is not user friendly



"2017-Oct-19 07:08:19.952212 INFO    bipcoin wallet v2.0.1.1221 (4a3a5ab)
Nor 'generate-new-wallet' neither 'wallet-file' argument was specified.
What do you want to do?
  • pen existing wallet, [G]enerate new wallet file, mport wallet or [E]xit.
o
Specify wallet file name (e.g., wallet.bin).
Wallet file name: wallet
password: *
2017-Oct-19 07:08:28.146012 INFO    Loading wallet...
2017-Oct-19 07:08:28.239767 INFO    Opened wallet: bip1tE9JcDudWaqBRZnETZjMLGJZ1doHggbNK35tNzbYb1MKUKSZqFyfrAiYNxwvp6EVtRYPLRpmB3u ewuBmvkVM2xrY3QubHL
2017-Oct-19 07:08:28.255392 INFO    **********************************************************************
Use "help" command to see the list of available commands.
**********************************************************************
Height 163926 of 163926
"
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