Bitcoin Gold Mining - page 6. | Bitcointalksearch.org

Mysterious01

full member

Activity: 266

Merit: 100

Quote from: BitcoinboyBlog on October 17, 2017, 07:52:53 AM

That is the goal of Bitcoin Gold. They want to make it ASIC proof so that only GPUs can Mine it. I definitely will try it out when it comes out.

Wowh this is a good news to all of us who loves mining.
I am a miner also and if this coins will give us less difficulty to mine I would love to switch in this coin.
I am looking forward to it and I am hoping to gain profit from it.

not.you

legendary

Activity: 1726

Merit: 1018

This thing has no useful purpose that isn't already accomplished better by other alts. I don't understand the hype over this one. Are people just thinking because it will fork you get free money for having BTC the way you did with bitcoin cash? There are already equihash cryptos with superior characteristics to bitcoin. Why would I want to use a slow ass transacting coin when I can use a faster one? If it's just about getting rid of asics well hell we got that already with monero, eth, and zcash all of which are technically superior to BTC already.

hairysun

newbie

Activity: 15

Merit: 1

More information for those interested .....

https://youtu.be/XL_vodC8OZo

I do like the underlying premise ...... BTC Gold will exist to take the power away from the few massive mining companies that build and mine with ASICs and give it back to the individual miners via GPUs.

DonValenteeno

jr. member

Activity: 103

Merit: 2

It's already traded here: https://goo.gl/5pYYce

cryptoking710

member

Activity: 98

Merit: 10

The more I read and learn about Bitcoin Gold the more I don't think the dev team know what they are doing and it looks like a good money making scheme for them.

jenifive

sr. member

Activity: 390

Merit: 250

Can i already start mining BTG after 7 hours when for will happen?

madmack1

member

Activity: 157

Merit: 11

when does mining start block 491407?
two website with different countdowns

https://www.crypto-news.net/bitcoin-gold-btg-hard-fork-countdown-clock/
https://btcgpu.org/

i hour difference between them 3:45 utc 2:15 utc or is it the 25th?

Ambros

hero member

Activity: 653

Merit: 500

Quote from: Marija19 on October 17, 2017, 04:59:01 AM

Hey guys,

just read a post about the new hardfork. I heard that the mining difficulty for Bitcoin Gold will be again "easy". Is that true? Can I use the cards I use for ethereum mining, for Bitcoin Gold?

Thank you in advance!

There is no basis to determine if the initial difficulty will be easy or not.
Probably a lot of people will start to instantly mine the coin and yes you can mine it with a normal GPU.
The hashrate will be the same that in zcash

flip4flop

full member

Activity: 378

Merit: 135

I was initially hoping to make some money off this fork but the way they are going about this with the pre mine and no replay is making me nervous. I am not planning on taking any aggressive moves to try and do anything at this point. I think a case could be made to say they are trying to build off the success of the last fork and make as much as they can for themselves and that is about it. I will just keep my BTC on my Trezor and see what shakes out. Maybe grab some cheap altcoins in the meantime.

2Block

newbie

Activity: 46

Merit: 0

With what they stated, DEV will mine for 2 months(?) to "maintain stability" of the chain. Some complete bullshit, 1st the premine, then 2 months of solo mining for the dev. What a fucking joke, 2 months or 2 weeks does not matters. With the BTG launching as stated no large exchange will be listing them. This is all smoke and mirrors for someone to gain from, i.e. shorting btc, buying into alts cheaply... The fact that bittrex is even planning to lock btc wallets for the snapshot, before the code is even completed is laughable.

Lcturkey

newbie

Activity: 42

Merit: 0

I wil also try to mine BTG if it starts with low difficulty.

oualid

newbie

Activity: 9

Merit: 0

If it will be I will try it for sure. Shocked

KougarLOB

member

Activity: 136

Merit: 16

Quote from: adaseb on October 18, 2017, 02:56:29 PM

Quote from: KougarLOB on October 18, 2017, 02:34:36 PM

I made BTC2 off BTC6 in Poloniex loans from the August fork. Maybe lightning can strike twice?

(Yes, I know the community's feeling on Polo but I haven't had a problem with them. Yet. Got more eggs elsewhere.)

The most you could of made was 5% and that rate was only there for maybe 24 hours.

I don't see how you could of made 2BTC of 6BTC.

If you borrowed 2BTC against a trade, you were creditted with 6BCC after the fork.

Not everyone closed their margin positions after 24 hours.
https://photos.app.goo.gl/Aq3z5otbzpdtdw7v1
Screenshot taken on August 5th. The biggest loan closed with 1.37BTC in interest. I don't know what he was thinking but he paid for our kitchen remodeling project.
The smaller ones stayed open for another week after that. The total interest from all fork loans before fees was close to 2BTC.

dragonmike

hero member

Activity: 1274

Merit: 556

So could you theoretically borrow, say, 10 btc, hold'em over the fork, and then claim the corresponding quantity in BTG? If so, where would you do this, and how much do they charge for the borrowing cost?

bummm

full member

Activity: 630

Merit: 100

Quote from: BigDig on October 19, 2017, 07:53:49 AM

Is there any official ANN thread?
Unfortunately, can't find any.

I think the most popular thead is this:
https://bitcointalksearch.org/topic/bitcoin-gold-btg-2171754

Anyway if you will find official - just write here please.

BigDig

member

Activity: 277

Merit: 12

Is there any official ANN thread?
Unfortunately, can't find any.

boo50

sr. member

Activity: 472

Merit: 250

lux8.net

BTG mining will start at 1st november.
Our pool is one of the officially supported for BTG.
Check our news to be prepared for mining:
http://www.nibirupool.com

dx_twisted

full member

Activity: 294

Merit: 114

Quote from: Marija19 on October 17, 2017, 04:59:01 AM

Hey guys,

just read a post about the new hardfork. I heard that the mining difficulty for Bitcoin Gold will be again "easy". Is that true? Can I use the cards I use for ethereum mining, for Bitcoin Gold?

Thank you in advance!

Definitely yes, the difficulty will be easy on the start but it won't last long as the popularity of cryptocurrencies rises. Bitcoin gold will be created so to prevent ASIC hardwares to mine it. This will give GPU miners a chance for this venture.

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: KougarLOB on October 18, 2017, 02:34:36 PM

I made BTC2 off BTC6 in Poloniex loans from the August fork. Maybe lightning can strike twice?

(Yes, I know the community's feeling on Polo but I haven't had a problem with them. Yet. Got more eggs elsewhere.)

The most you could of made was 5% and that rate was only there for maybe 24 hours.

I don't see how you could of made 2BTC of 6BTC.

If you borrowed 2BTC against a trade, you were creditted with 6BCC after the fork.

KougarLOB

member

Activity: 136

Merit: 16

I made BTC2 off BTC6 in Poloniex loans from the August fork. Maybe lightning can strike twice?

(Yes, I know the community's feeling on Polo but I haven't had a problem with them. Yet. Got more eggs elsewhere.)

Topic: Bitcoin Gold Mining - page 6. (Read 18804 times)