Topic: [BTE] The Bytecoin Information Thread - page 27. (Read 79017 times)

Interesting. Got 4-5 € in BTC around, invested in bytecoin. Now I'll wait a couple of year and see what will happen

got  it

Quite a few coins are showing signs of life now bitcoin is rising.

Is this coin coming back to life? It's up 200%.

what happens with sha256 coins?? I'm worry

*** 0% Fee *** Stratum *** Vardiff ***

iSpace Mining Pools welcomes ByteCoin into its range of SHA256D mining pools - http://ispace.co.uk

Difficulty adjustment, now 270863.64

Power miners harvesting at low difficulty.

You may wish to sell at a loss on Cryptsy, to make the profitability lower for the power miners.

You can now exchange Bytecoin for REAL Gold, Platinum, Palladium, and Silver @ www.MintageMasterMind.com Check it out!

Haha! This cracked me up. A Bitcoin clone that fully admits it's just a clone.

I like to think of Bytecoin as Bitcoin's evil twin. 

I have a very preliminary idea to deal with the ASIC burst-mine then abandon problem.

Essentially, I would fork the client so that it looks back 2016 blocks, and determines the average difficulty to mine that many blocks in that much time.  It would make a block template with that difficulty, so that when ASICs come online, the difficulty starts going up immediately.  This would reduce the incentive to burst-mine, and reduce the number of blocks in that epoch, so that the official difficulty numbers do not jump as high.

The actual difficulty specification in the mined blocks would not change.  It would appear on later analysis that a series of particularly high difficulty blocks had been mined by happenstance.

When the ASICs abandon the mining, the difficulty begins to drop back to the usual difficulty for that epoch of 2016, even if no other blocks are mined.

The difficulty would be bounded below by the difficulty that would otherwise be assigned for that block.

When only some miners are running this code, the block-chain would fork.  I assume that pirate ASIC miners would run the old blockchain.  However, the new miners would mine to their own fork and outflank the attack.

Old style wallets that are offline for a long time would use the new style chain as the longest chain and use the repaired block-chain without change.

I'm not entirely sure with how eligius manages the payouts, but I believe the answer would be yes.. MPOS is essentially a web front end, which interfaces with a stratum mining server and requires a database installed which both MPOS and stratum use to track users accounts and shares. Payouts are automated and on a per-user basis.

I currently have two instances running, one privately for my farm and I recently opened one up for a newer alt coin to verify my installation was good enough for public use. You can check that out here if you would like: http://198.53.169.220:4000

MPOS git is here: https://github.com/TheSerapher/php-mpos
MPOS documentation is here: https://github.com/TheSerapher/php-mpos/wiki/Quick-Start-Guide
you will also need to manually edit a file for proper stratum operation, detailed here: https://github.com/ahmedbodi/stratum-mining/issues/90

Otherwise, installation was fairly straight forward once I figured it out once..

I did not ever make a script to install eloipool, I too had some issues getting eloipool up and running and wound up doing manual installations each time I attempted. Do you recall where you were getting hung up? It's been a while since I used eloipool but I do still have it installed in several VM's and could take a look at my configs if you would like.

Does MPOS allow the payout to individual pool member addresses, in the way that eligius pays out?

Do you have a script that will git the eloipool code, do any apt install , and generally bring eloipool up in a Ubuntu virtual machine?  I have a copy that someone else had patched, and I have never finished an installation from the git source.

Ahh thank you for the info ProfMac.

I used to use eloipool as well for my private pools, but have now switched over to an MPOS setup as it allows for easier remote monitoring, and is easily opened up to the public should I choose. Since there are a few pools in operation likely there would be little demand for another option at this point, but should the interest and hash rate on BTE start coming back up I likely will get another going. My next goal is to create a general front end for MPOS which will support single user accounts but access to multiple pools for different chains. I'm not a strong developer by any means so this will likely take me some time. Mostly doing it for the fun and learning experience at this point.

The only copycoin that is not in denial.

CoinEX is both a pool and an exchange.  They support stratum mining.  stratum+tcp://stratum.coinex.pw:9022
http://bte.crypto-expert.com/ is ahmed_bodi's pool.  I believe he is moving it, perhaps he will post some details.
I have a private copy of eloipool running in a virtual machine, I am sure someone could bring another pool up running it.

It does seem to be one of those coins that won't go away.. hopefully for good reason

I've sold some of my bytes here and there, but I'm still sitting on a reasonable stash. I've been experimenting with pool software yet again, and I'm considering opening a public pool for BTE again but I'm not at all sure if I would attract any users. Does anyone know if there are any BTE pools still out there running these days? Would anyone be interested in pool mining this coin again or are most of the miners here happy to do solo?

Haha yeah. It's the doppelganger.

sold all my bte and bought nxt with it but i still keep coming back here cuz it kind of feels like bte is my illegitimate offspring or something.

True but you have to have a large bank roll. They're greedy, once they finish you out, they're gone. They have no loyalty.

You can place "buy" orders and call them back to work.  You can remove "buy" orders if the difficulty appears in danger of rising.