Topic: [BTB] The BitBar Information Thread - page 43. (Read 180446 times)

I don't know about inflation.
It's my understanding that 500,000 BTB will be mined. I don't know the current hash rate.
Keep in mind that the difficulty and block reward can adjust with each block.
Then there is the POS reward (I think it is %5) - hard to figure if you don't know who is holding.
I suppose you could study the block chain for a while and guess.....

Thank you!
available supply now is 20,715 BTB.
But inflation matters, so the question remains: how many coins will be minted over the next 10 years?

block explorer:
http://btb.cryptocoinexplorer.com/

any block explorer?
estimated Bitbar inflation or total supply over the next 10 years?

the information is needed for http://alt19.com/19/cryptocurrency.php

thanks

It's not that I mind, it's more that I don't think my home network can take much more. My gpu rig is mining diamonds at 20 Mh, my ant miner is chugging along at 2 Th, and my two ASCI rigs are at 45Mh (combined) on top of that, I have a mail server, an ftp server and am hosting about 10 websites all on my home DSL network. keep in mind that the pool server has about six wallets running and my desktop computer has 4 or five wallets running.

Netflix is starting to stutter.

Let's get past this little forking issue, pull the BTB community together a bit, and see about getting a wallet developer on board. Once that is handled, or we can show there is progress in the works, more pools will pick up bitbar.

It's a good, sound crypto with a lot going for it already - think how well it will do when we have dev team behind it!

I like the idea of squishing 10 bitcoins together to make a bar, but I don't think the original developers set it up correctly to be that valuable, at lest right now....
the block reward is too high and the pos reward is too high to make the coin/bar that valuable - look at the 42coin, well, i don't think it is pos - but the block reward is so much less - like .000042 per block. at 24 hours of hashing at 40Mh earns about .0031 of a 42coin per day (about .0047 BTC)- at it's current difficulty. 1 full 42coin is worth roughly about 1.83 BTC
With the same hashrate (and this is just a guess) you should pick up about 3 Bitbars a day.

I have no intentions to change the way bitbar works.    (side note: it would be nice if the block time could be reduced to like 90 seconds...)

Maybe down the line we, as a community, can have a discussion on the future of bitbar and decide IF we want to make changes and what they are.

Right now I just want to help strengthen the community support, and get bitbar in the public eye. (and buy a lot of bitbars before the price goes up  -  shh. don't spread it around  )

Please, if anybody has some input, good or bad, please speak up!




 

 Will you consider public mining on your pool when this all gets straightened out? I tried to convince H2C.com to offer it again but the poolmaster said he had a bunch of problems with it before and that there would be no promises of it ever coming back online.

I was mining @ MM for BTB and stopped because of all the shenanigans.

Cryptsy's has their BTB wallet in maintenance right now. Guess we will see how it goes. The fork they are on has about 500 blocks more than the one 'we' are on. My gut feeling is that they will stay with the one they are on (I hope I'm wrong..) and we will have to switch - and see how much damage is done. I will probably loose about 60 Bitbars. all well, it's the way it goes sometimes.
I think I will flush the bitbar wallet from my laptop and see how hard it is to switch to the new chain. If successful, I will zip my wallet directory and put it on the Bitbar.co website.  It will take a while.

The research I conducted left more broken links, and non-support for Bitbar.

Out of the nine or ten pools that have mined BTB once, the only one left working is mastermining...

Their hash rate has decreased significantly, to about 1.5 mh.

This leads me to conclude that there is an entity out there with more hashing power than the entire network being monitored by Cryptocoinexplorer.com and mined by mastermining.

Basically they are solo mining the chain, the chain that Cryptsy seems to be accepting.

If they say, (cryptsy) they they have confirmed that bitbar has been sent to your account, I would take the address you gave them, dump the private Key in your Qt client, and save it somewhere with the arbitrary amount they say is assigned to that address.

I'm going to email Dreamwatcher @ CCE and let him know his block explorer is not being used, or isn't current with cryptsy.

Mastermining really needs to be notified as well... but here's the slippery slope.

When they (MM) take their pool down for maintenance, there will be no public pools mining Bitbar.

None. (At least from what I gather)

edit: Ispace.co.uk was mining btb with their pool at this time...

welp, I tried to withdraw from Cryptsy and the site says there was confirmation but I never received the coins.. I checked the block explorer they have listed in the BTB coin information page on Cryptsy and it is dead. I put in a ticket about the dead link and gave them btb.cryptocoinexplorer.com and they were like "Thanks a million buddy" and that's it...

Thinking it was fixed, I tried a test withdraw and no go..so still on a fork i guess. diff is like around 25 now according to their coin info page and like 7ish on the BTB.cryptocoinexplorer.com I guess since there are more people on that fork, Cryptsy will be sticking with it. But how do we get on that fork??? I wish i knew how to code, I would make this impossible to happen again somehow..

Very helpful indeed. You do a lot for this community, and I find your information to be very useful.
Thank you!

It looks as if me and 1 other person are the only people mining the whole network and we are both @ mastermining. I don't know of any other public pools that host BTB and you said you are mining something else right now. diff is down to like 14ish. I can tell the network hashrate is off @ mastermining but I think it suppossed to be .02GH instead of the .02MH it's showing. ouch, BTB dipped down to like .0015BTC right now. hmm should I move some BTC or not move some BTC? That is the question...

I wish Cryptsy would get Franko squared away already also.

I'm not sure how the fork is going to play out.
Could be turn out to be us on the wrong fork, hate to was the hashrate on a bunch of orphans.
Next two weeks I'm going to be stuck in New York. I hope something starts moving along by the time I get back.
Cryptsy has my ticket marked as "Pending Wallet/Network Fix" so all I can do is wait.

I am waiting for them to come back up some so I can sell some. I tapped myself out buying BTB! I could send some BTC to cryptsy but I wanna turn a lil profit and reinvest instead. I am patient. I made a killing on cryptobuk the other day so I am happy but I spent everything on BTB lol I'm still mining @ mastermining.net with about 20MH.

I switched to goldcoin yesterday.
I have 125 pending BTB blocks - and with NOMP pool the chart is really tall, I can't see my other coin blocks.
I will switch back in a few days.
Been buying BTB faster that I can mine them anyway!

Are you still mining on your pool right now?

I can't help you there, I'm still learning, and haven't gotten into the code yet - but I'm thinking that the wallet stakes what is already in it, and once it is old enough it stakes. If the wallet gets lucky and you get some of the stakes, the wallet tries to make a transaction and sends it to the network. this is where I think you (and most of us) are having problems.
The fork we are on is shorter by a little over 200 blocks (last time I checked) so any transactions we try to get added to the chain is a little over 200 blocks behind - and simply won't get accepted.

I strongly suggest nobody send nothing to nobody until this forking problem gets fixed.
Your bitbars on Cryptsy are safe - unless you try to trnsfer them.
Now is an awesome time to buy them, the price is down about 20%

As always, if some one has better information please share!

what i found out is as soon my wallet start staking and find block it stucks on the generated block height

They must be on the same fork we are on. I am still mining away on mine.
I'm just waiting to see what Cryptsy does.

I'm still receiving coins from mastermining.net last ones on 10/4/2015 2:24