Topic: Bitcoin3 - page 20. (Read 6571 times)

We were hoping that desktop miners can use the simple old cgminer either using their cpu or desktop gpu's pointed to the pools stratum. But then again if we start using antminers those might be powerful enough to bump up the diff ratings. Even the old 200ghs antminers might prevent desktop miners from finding blocks. Do you think we should hold off on deploying the mining pool for a while and let desktop miners have a go at it for a while using the clients console's "generate 1"  ? client mining is possible on this version for desktop self mining  connected to the node.

Whats your 2 cents on this?

If I understand correctly, then mining will only be available in the client deployed directly on each computer? Do you have your own algorithm? But in the specification, you write Algorithm SHA-256. Satoshi did not mine using ASIC devices, but this will happen on the first day of Bitcoin3 net launch. Pools will receive all rewards, but not ordinary users using their computer.

***Just a Quick update***

Blockchain explorer should be online by launch date if we get lucky. Fingers crossed :-)

Thank
BTC dev team

Yes, project being launched on 12th of march.
I don't see any reason why we shouldn't provide you with a copy of the source code as we have done so with exchanges that we applied with.
Can send you the source code so you can compile and install and begin testing even before project launch date. Just need to figure out how. We can't change the github repo from private to public while we wait for you to download it. might do it with google docs or something similar.

Project is indeed interesting as we are currently in talks with several private businesses as they await the coin to get listed on a popular exchange and await what kind of value the coin gets that will depend if they will adapt it or hold.
Due to privacy issues we cannot disclose those entities yet but one hint we can give is one airline is looking at this coin, can't say just yet.
Lots of effort and man hours have been spent up to this moment.

Are you able to throttle the miner speed to prevent big mining farms from participating? We are kind of hoping that only desktop pc's would be able to mine this with just a few megahash to keep the diff rating low? Can't afford some big farms with several petahashes mining on the first day then bump up the diff preventing small miners from getting coins.

The whole idea of the coin is for newcomers to experience desktop mining and they can't have that unless big farms are shut out.

Thank you
BTC3

There is no sourcecode yet, as it's being released on 12th of march, right?
I will setup cryptohamstr.com pool as soon as this project is launched, nicehash support is present. Sounds interestening for me and with the current huge interest in the cryptoworld it might indeed attract new people of the crypto world.
Any chance you can PM me as soon as the source is released?

Looking at merging my project with yours or you can take over mine, pm if interested.
cheers

Trolls will be trolls.
Haters will be haters.  

Don't get distracted, this coin has a lot of potential. Companies and countries will be adopting this coin soon enough!!!

Hope you get listed on Poloniex.

But if you make your own product, is it so difficult to create your own logo?Why take what is already known, if you create something new, create your own to the end.

To be fair to who?
The images we use on our site are all free and non copywrited and anyone can just use them if its free from the web, that's the beauty of the internet (free images) it might be controversial, it be frowned upon but free is free, can't please everybody.

Have a nice day

Thank you

if you are doing something of your own, then why is the original bitcoin drawn on the site in the graphic part.Create your own logo so it will be at least fair.

Okk, sent you PM

That's great to know, at least we can get free expert advise from you :-) / always in need of good tech devs.
GPU, FPGA, there's really not much anyone can do about it. I mean if you have those lying around and it still works I don't see any reason why it can't be used. they still sell em on ebay anyways including those usb ASIC miners.
Those might bring the diff rating up a bit but would still be manageable from a desktop mining point of view. Would be cool if we can partner up with a mining pool to have those megahashes pooled into one mining pool to compete with gpu miners. Just like the old days :-)

Well, your answers seem to be true. I will observe your coin, then, after the network is launched, I will be able to understand what I can do.
How will you remove the GPU, FPGA and ASIC from the mining process? Or will you not do it?

No, man, I don't have my own coin. But I know one similar project where they are looking for developers. PM please, if interested.

Bitcoin 3.0 can be design our future. But here with a premine like that,

we have something to worry about. This project will not take value because of that.
And the real changes made are so minor that the probability that one day it will move forward is very low.

Good luck to you, but without me.

(Nice to delete my post everytime)
I've reason ? It's a scam ?
[/quote]
We've read your post on other announcements and its mostly all negative and anti social behavior, from what we've read you are just plain disruptive and a complete waste of time to deal with and does not even offer any expert opinions.
 You call a coin a scam when you haven't even tried it or it hasn't even launched.
Can you give us your expert opinion and enlighten us on how you arrived to that conclusion or is it just your gut feeling?
Please have some dignity, your post are being deleted it means take a hint and please go post your negative comments somewhere else as we don't have time for trolls.
Oh and btw, please feel free not to mine our coins.

Have a nice day.

Thanks for that valuable insight, really appreciate it. :-)

"I wont mine it personally because of this, and i know a lot of  active miners who thinks the same way, which is to us the most logical one."

This is what we are really counting on, we know that most or all of veteran and big mining farms would leave our coin alone thereby the ones mining it are simple desktop pc's keeping the diff rating low in the process. a lot of new comers in the crypto market who missed out on the first btc that still wants to come in, we are giving them a chance to experience mining on a desktop pc just like what we all did way back in 09's 10's and 2011's before bitmain and and butterfly labs or even the avalon miners even came into picture.

Giving away free coins? We think from the beginners point of view and not from a veteran btc miners perspective when we designed and built the coin. We want all the young and old folks who missed out to try their luck on desktop pc mining. We want to create a new (old) generation of crypto miners.
We have big plans for the coin for the next 36-50 months and the choice of exchange I think will reflect that.
Great input btw, appreciate it.

Thank you

1. It is a fork of the BTC source code it only differs with the miners as the big mining farms are concentrated on the first bitcoin they are less likely to mine BTC3 and will be left to small desktop miners keeping the diff rating to a minimum. And you don't have to spend 50k to buy one btc3, you can just mine as much as you can from a desktop pc and hodl it and see where it takes you a few years down the line.
2.The network is still offline as it will only be brought online a few hours before the launch date to make sure no one else mines the coin ahead of everyone else.
3. We try to keep our costs down by spending as little as we can as we are not a pump and dump dev team trying to recoup our cost from dumping our coins. We don't have the resources to pump the coin price and even if we do we'd rather spend them on promotions and giveaways and airdrops rather than pump and dump operation. That is not how we operate. We try to bring value to the coin with as little spending as possible. The images might look bad for some might look good for others depending on your taste so this third question is subjective. If you want to donate some high quality images as per your taste feel free to do so.
Instead of bringing every new comer down why don't we try and help. You'd be amazed of what we can achieve if we all just try and help each other.

Have a nice day :-)

Thank you

Hi, i understand and respect your decision, it is your project after all anyway.

To me personally giving free coins is a way of killing the coin's value. There is a reason for example bitcoin that it costs so much, it is not about only speculation but also mining cost.

And doing premined does the same, in my personal opinion it is way too many coins just the reasons you've mentioned, it will decrease the coin's value.

No F.U.D intented, only sharing my thoughts and hoping you'd change your mind to save your project.
I wont mine it personally because of this, and i know a lot of  active miners who thinks the same way, which is to us the most logical one.

You have to think about the coin's mining cost

Hi bud! Oh ok which one is it, is it for your coin "SPQRCoin"?

A few first questions here:
1. How does your new "bitcoin" better differ from BTC?
2. Who now supported the consensus of the network? Or network not start yet?
3. Why does your site look so bad and you used not very high-quality images from the Internet?

I know a project where developers are required.

reserved