[BTE] The Bytecoin Information Thread - page 31.

Digigami

sr. member

Activity: 462

Merit: 250

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

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?

bitpop

legendary

Activity: 2912

Merit: 1060

Quote from: Anon136 on January 16, 2014, 07:06:20 PM

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.

Haha yeah. It's the doppelganger.

Anon136

legendary

Activity: 1722

Merit: 1217

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.

bitpop

legendary

Activity: 2912

Merit: 1060

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.

ProfMac

legendary

Activity: 1246

Merit: 1002

Quote from: bitpop on January 16, 2014, 06:50:29 PM

Quote from: ProfMac on January 16, 2014, 01:06:16 PM

Quote from: bitpop on January 16, 2014, 03:37:38 AM

Isn't that similar to merged mining but much worse?¡¡ That's an attack.. there's no leveling at all!

I've been watching the situation. The share pool changes every minute. The pool is at https://coinex.pw/. Register there for your worker and password, and direct your miner to stratum+tcp://stratum.coinex.pw:9944
for SHA-256 coins.

It seems to put hashpower in the high profitable coins, and many people then dump the coins, bringing the buy price down and lowering the profitability. This seems to bring all the highest coins to a similar price --- it levels all the coins through the market.

I did place a buy order at a fairly high value yesterday, and made BTE one of the high return coins. It was in the rotation for several hours, then someone filled my order. The share pool's scheduler responded to an order of 1,000 coins. I did not try smaller orders.

But once they finish the profitable orders, they are gone leaving difficulty through the roof. Merged mining is constant, stable and solid.

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

bitpop

legendary

Activity: 2912

Merit: 1060

Quote from: ProfMac on January 16, 2014, 01:06:16 PM

Quote from: bitpop on January 16, 2014, 03:37:38 AM

Isn't that similar to merged mining but much worse?¡¡ That's an attack.. there's no leveling at all!

I've been watching the situation. The share pool changes every minute. The pool is at https://coinex.pw/. Register there for your worker and password, and direct your miner to stratum+tcp://stratum.coinex.pw:9944
for SHA-256 coins.

It seems to put hashpower in the high profitable coins, and many people then dump the coins, bringing the buy price down and lowering the profitability. This seems to bring all the highest coins to a similar price --- it levels all the coins through the market.

I did place a buy order at a fairly high value yesterday, and made BTE one of the high return coins. It was in the rotation for several hours, then someone filled my order. The share pool's scheduler responded to an order of 1,000 coins. I did not try smaller orders.

But once they finish the profitable orders, they are gone leaving difficulty through the roof. Merged mining is constant, stable and solid.

ProfMac

legendary

Activity: 1246

Merit: 1002

Quote from: bitpop on January 16, 2014, 03:37:38 AM

Isn't that similar to merged mining but much worse?¡¡ That's an attack.. there's no leveling at all!

I've been watching the situation. The share pool changes every minute. The pool is at https://coinex.pw/. Register there for your worker and password, and direct your miner to stratum+tcp://stratum.coinex.pw:9944
for SHA-256 coins.

It seems to put hashpower in the high profitable coins, and many people then dump the coins, bringing the buy price down and lowering the profitability. This seems to bring all the highest coins to a similar price --- it levels all the coins through the market.

I did place a buy order at a fairly high value yesterday, and made BTE one of the high return coins. It was in the rotation for several hours, then someone filled my order. The share pool's scheduler responded to an order of 1,000 coins. I did not try smaller orders.

bitpop

legendary

Activity: 2912

Merit: 1060

Isn't that similar to merged mining but much worse?¡¡ That's an attack.. there's no leveling at all!

jettico

member

Activity: 80

Merit: 10

All it took is only 9 hours to wait. According to what people say it is not the worst case (could have taken take up to 1-2 days!)

Thanks for the explanation.

Haven't heard of the sharing pool yet. Quick googling didn't give me the answer either. Where can I read about it?

This is my transaction: http://bte.cryptocoinexplorer.com/tx/9e0623c88c0c09414be097dcdf1f700cb2d9419b9108603f953707f0dbcd4ebf

I had found it in the block explorer before posting, but I couldn't figure out out of it much time is left.

ProfMac

legendary

Activity: 1246

Merit: 1002

Quote from: jettico on January 15, 2014, 11:14:34 AM

I initiated a transaction two hours ago and it has seen 0 confirmations out of 6 necessary as yet.

Is it normal for BTE? Or is it an interference from BYC?

You can find the current block number at the block explorer.

Recently, BTC had 5 TH/s of hashpower directed toward it, and the difficulty rose. Then that hashpower was removed, and block confirmations have slowed significantly. The current block rate is about 15 / day, or about 18 hours for a confirmation.

Yesterday, a trial version of a sharing pool was announced. I expect this to level the hash power brought to alt coins, and for this problem to be resolved fairly soon.

jettico

member

Activity: 80

Merit: 10

I initiated a transaction two hours ago and it has seen 0 confirmations out of 6 necessary as yet.

Is it normal for BTE? Or is it an interference from BYC?

bitpop

legendary

Activity: 2912

Merit: 1060

We have competition https://bitcointalksearch.org/topic/ann-bytecoin-byc-the-new-sha256-based-coin-408300

doctormandrake

sr. member

Activity: 452

Merit: 250

Quote from: ProfMac on January 10, 2014, 12:03:07 PM

Quote from: doctormandrake on January 10, 2014, 05:37:56 AM

Quote from: ProfMac on January 10, 2014, 02:37:43 AM

Quote from: silverserpent on January 10, 2014, 12:57:20 AM

anybody on CoinEx?

last block 15 hrs ago??? s/b every 10 mins...

too high diff? too many miners gone?

no reply on CE Chatbox either

01:36 Central time
Last block 36751 about 34 minutes ago.

my client is not syncing. what is going on, does anyone know?

It's been 4 hours since the last block, 36753, was found. The client shows as not synced when that happens.
I'm pointing about 57 GH/s toward BTE, so there should be a minimum of 1 block / day.

ohhh, ok that makes perfect sense. synced now, thank you for that explanation. Saved me much .conf tweaking and node searching.

ProfMac

legendary

Activity: 1246

Merit: 1002

Quote from: doctormandrake on January 10, 2014, 05:37:56 AM

Quote from: ProfMac on January 10, 2014, 02:37:43 AM

Quote from: silverserpent on January 10, 2014, 12:57:20 AM

anybody on CoinEx?

last block 15 hrs ago??? s/b every 10 mins...

too high diff? too many miners gone?

no reply on CE Chatbox either

01:36 Central time
Last block 36751 about 34 minutes ago.

my client is not syncing. what is going on, does anyone know?

It's been 4 hours since the last block, 36753, was found. The client shows as not synced when that happens.
I'm pointing about 57 GH/s toward BTE, so there should be a minimum of 1 block / day.

doctormandrake

sr. member

Activity: 452

Merit: 250

Quote from: ProfMac on January 10, 2014, 02:37:43 AM

Quote from: silverserpent on January 10, 2014, 12:57:20 AM

anybody on CoinEx?

last block 15 hrs ago??? s/b every 10 mins...

too high diff? too many miners gone?

no reply on CE Chatbox either

01:36 Central time
Last block 36751 about 34 minutes ago.

my client is not syncing. what is going on, does anyone know?

ProfMac

legendary

Activity: 1246

Merit: 1002

Quote from: silverserpent on January 10, 2014, 12:57:20 AM

anybody on CoinEx?

last block 15 hrs ago??? s/b every 10 mins...

too high diff? too many miners gone?

no reply on CE Chatbox either

01:36 Central time
Last block 36751 about 34 minutes ago.

silverserpent

member

Activity: 83

Merit: 10

anybody on CoinEx?

last block 15 hrs ago??? s/b every 10 mins...

too high diff? too many miners gone?

no reply on CE Chatbox either

LucasJones

full member

Activity: 154

Merit: 100

Quote from: ProfMac on January 03, 2014, 09:11:19 PM

It looks like block 36604 pays directory to the miners in the generated coins block. Who is this pool?

P2Pool pays directly to the miners in the generated block.

Edit: Just checked, P2Pool.org did generate block 36604.

ProfMac

legendary

Activity: 1246

Merit: 1002

It looks like block 36604 pays directory to the miners in the generated coins block. Who is this pool?

cshelswell

hero member

Activity: 615

Merit: 500

Quote from: generica on December 24, 2013, 10:16:39 PM

Hi everyone,

We've set up a FREE (zero fees, donation-based) PPLNS ByteCoin mining pool for you to enjoy.

http://bte.minefor.co.in

Added to the website - thanks

Topic: [BTE] The Bytecoin Information Thread - page 31. (Read 80094 times)