Topic: Building a parallel Bitcoin network with a low hash rate Gathering of experts (Read 138 times)
July 20, 2022, 06:11:26 PM
I didn't know about this network, now I can see if my miner can get the mined block and make my heart happy. I'm a human, just move all the big transactions yourself. Fairness is also a good thing.
July 20, 2022, 09:32:55 AM
I mean, maybe we could be a group of 40 or less and get together and run a low-cost version of the Bitcoin network with a few nodes and a limited number of hash miners between us, like in the early days.
You mean a clone with no value whatsoever.There is already a network for you, it's called testnet, and seems like it has only 500Th/s right now, so you could mine not just one but quite a few coins even with an old ASIC that is valued at scrap metal price.
As for making a clone coin it also must be said that you would be creating yet another worthless altcoin - it cannot/wouldNOT be "Bitcoin".
BTC is 1 specific crypto coin and in-turn 1 specific protocol and blockchain, period. "Bitcoin" not a generic term for any other crypto coin including those that do use sha256...
That said, coming up with your own coin just for the heck of it can be fun. Something like five thousand or more altcoins have been created just for that sole purpose. Heck, a couple including of course Dogecoin are even worth something.
Given that fact this thread belongs in the altcoin areas of the Forum or at best the General Bitcoin Discussion area - not here in the BTC-only areas- so expect the mods to move it.
July 20, 2022, 08:30:50 AM
I mean, maybe we could be a group of 40 or less and get together and run a low-cost version of the Bitcoin network with a few nodes and a limited number of hash miners between us, like in the early days.
You mean a clone with no value whatsoever.
There is already a network for you, it's called testnet, and seems like it has only 500Th/s right now, so you could mine not just one but quite a few coins even with an old ASIC that is valued at scrap metal price.
Or you could mine some bitcoinclone, since it's clear and you know you can't have the original, a cheap copy will be all you can get this way.
July 20, 2022, 07:56:35 AM
Guys, don't think I'm going crazy, of course I'm going crazy, I got bitcoin fever
I want to have a bitcoin
I don't think this will happen in this situation
I mean, maybe we could be a group of 40 or less and get together and run a low-cost version of the Bitcoin network with a few nodes and a limited number of hash miners between us, like in the early days. Satoshi started. Let's mine some tasty blocks, I'm sorry, at least I wish I hadn't left this world. No Bitcoin
Although it is worthless, what did you see? Maybe
Bitcoin fantasy for the helplessBTC
I want to have a bitcoin
I don't think this will happen in this situation
I mean, maybe we could be a group of 40 or less and get together and run a low-cost version of the Bitcoin network with a few nodes and a limited number of hash miners between us, like in the early days. Satoshi started. Let's mine some tasty blocks, I'm sorry, at least I wish I hadn't left this world. No Bitcoin
Although it is worthless, what did you see? Maybe
Bitcoin fantasy for the helplessBTC
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