Things are -slowly- coming back to normal it seems 
....And on the third day, BipCoin did roll away the stone and rise...."
Topic: BipCoin, CryptoNote with Fast, Solid Transactions + profitable to mine - page 4. (Read 31010 times)
April 17, 2017, 07:50:22 AM
....And on the third day, BipCoin did roll away the stone and rise...."
April 17, 2017, 07:40:28 AM
Things are -slowly- coming back to normal it seems
It looks to me like someone is messing with this. A dramatic difficulty drop from 70M to 1M in 80 blocks over 12 hours, then in about an hour or so 600 blocks (almost 10 per minute) and back to 30M+ diff and transaction blocks every 2 to 3 hours now. Certainly no consistency in block timing at all. It is like a yo-yo with a large miner (maybe a couple) coming in with low diff, collecting coin, then leaving when the profitability drops... with the network having insufficient hash power to create blocks. Over and over.
April 17, 2017, 02:08:51 AM
Things are -slowly- coming back to normal it seems
....And on the third day, BipCoin did roll away the stone and rise...."
April 17, 2017, 12:35:18 AM
Things are -slowly- coming back to normal it seems
April 16, 2017, 06:47:52 AM
The thing is... it was getting bigger while blocks were being found too, even though it took hours between blocks.
Something's gone awry here.
Something's gone awry here.
I think it was still ramping up from when the large miner(s) were in; even though their hashing power was gone the difficulty was still increasing based on the "smoothing" algorithm. Two blocks have now been found, and the difficulty is still increasing. There weren't a lot of transactions queued up though.
April 16, 2017, 01:34:18 AM
SamuelPickwick
Complexity is too big ... not profitable
Complexity is too big ... not profitable
So there is no time component independent of new blocks; the difficulty and network hash rate are very high... but nobody is mining it, and no adjustments until a block is found.
The thing is... it was getting bigger while blocks were being found too, even though it took hours between blocks.
Something's gone awry here.
April 15, 2017, 06:18:47 PM
SamuelPickwick
Complexity is too big ... not profitable
Complexity is too big ... not profitable
So there is no time component independent of new blocks; the difficulty and network hash rate are very high... but nobody is mining it, and no adjustments until a block is found.
April 15, 2017, 04:13:45 PM
SamuelPickwick
Complexity is too big ... not profitable
Complexity is too big ... not profitable
April 15, 2017, 03:33:16 PM
so nobody wants to mine this coin ?
April 15, 2017, 01:49:15 PM
Is this accurate, last block found 21 hours ago? (latest block 156,496)
April 15, 2017, 11:42:29 AM
so, this is like the cheapest cryptonote privacy coin with only 30BTC mcap and active development? Interesting 
April 13, 2017, 03:16:42 PM
How new difficulty is calculated?
We haven't changed it.
According to the website "Difficulty re-targets at every block" (https://bipcoin.org/?page_id=56)
So the difficulty should be adjusting/changing by the software every time a block is mined.
This means any problems like this that are caused by increases and decreases in the network hashrate should be resolved in 1-2 blocks. They can be resolved faster if miners are aware of them and can adjust their hash rate accordingly.
April 12, 2017, 05:14:33 PM
How new difficulty is calculated?
We haven't changed it.
April 12, 2017, 12:03:57 PM
How new difficulty is calculated?
April 11, 2017, 11:01:12 PM
That is defenetly not good.
Difficulty is extremely high. Equivalent to over 200KH of mining power which I seriously doubt is really there.
As a result blocks take way too long. But why does difficulty not adjust?
Funny thing is, there are a couple other cryptonotes I alternate between mining, they all have similar problems right now
which ones?
Zid
https://bitcointalk.org/index.php?topic=1821278.new#new
Right now it seems fine but it had similar trouble for days
nnc
https://bitcointalk.org/index.php?topic=1824990.new#new
Usually a 3Kh coin (total network) suddenly jumped to 35kh and blocks are extremely slow. Still has problems despite what dev says in his last post
April 11, 2017, 08:13:31 PM
That is defenetly not good.
Difficulty is extremely high. Equivalent to over 200KH of mining power which I seriously doubt is really there.
As a result blocks take way too long. But why does difficulty not adjust?
Funny thing is, there are a couple other cryptonotes I alternate between mining, they all have similar problems right now
which ones?
April 11, 2017, 02:31:27 PM
That is defenetly not good.
Difficulty is extremely high. Equivalent to over 200KH of mining power which I seriously doubt is really there.
As a result blocks take way too long. But why does difficulty not adjust?
Funny thing is, there are a couple other cryptonotes I alternate between mining, they all have similar problems right now
April 11, 2017, 01:26:26 PM
That is defenetly not good.
https://i.imgur.com/7XIvXne.png
https://i.imgur.com/7XIvXne.png
April 11, 2017, 06:49:10 AM
Indeed, after a long period of high difficulty, unjustifiably high at least with respect to the price, we gradually returned to levels I'm comfortable with. Enough so to divert 100% of my cpu mining back to bip. Let's see how long it lasts.
Just gotta hope people are willing to pay decent prices for the new coins coming into circulation.
little-known secret: BipCoin is one of the most profitable coins to mine (and has been for months). And the difficulty is WAY lower then most profitable coins, so open to people with less mining power:
http://whattomine.com/
And BipCoin is usually the most profitable CryptoNote coin to mine.
Profitable, but are you really able to sell your coins with such low daily volumes, without crashing the price?
April 07, 2017, 05:53:13 PM
New BipCoin pool available from PoolTo.Be :
- good peering / fast link
- 1% fee
- long time running pools
- TLS support for claymore lower fees.
- Stats per worker ID
- Direct payout to exchange supported
- Server side keep alive.
and more !
check : https://bip.poolto.be
- good peering / fast link
- 1% fee
- long time running pools
- TLS support for claymore lower fees.
- Stats per worker ID
- Direct payout to exchange supported
- Server side keep alive.
and more !
check : https://bip.poolto.be
added on our website and on the announce page of this thread.
Thank you for your service!
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