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Topic: Bytecoin Mining (Read 702 times)

member
Activity: 111
Merit: 10
October 25, 2016, 08:04:24 AM
#4
Awesome, thanks for info.
sr. member
Activity: 565
Merit: 316
October 25, 2016, 07:52:45 AM
#3
Market Cap is doubled recently - probably accounts for the hash increase.

Also they have a daemon specially geared towards RPC transactions (In fact it's called the RPC wallet) and are targeting online/POS transactions with this.

https://bytecoin.org/news/bytecoin-2.0.0-major-update-beta/

It's easy to get a few thousand using a modest CPU on Minergate. Minergate makes it too  Grin easy to mine a few coins on a system that is either redundant or just used for low intensive stuff like bind or squid.

https://minergate.com/pool-stats/bcn

member
Activity: 111
Merit: 10
October 25, 2016, 03:24:33 AM
#2
bump.
member
Activity: 111
Merit: 10
October 24, 2016, 04:50:44 PM
#1
I've noticed a lot of people are putting a lot of power into mining Bytecoin.  From my understanding, this has little to no use?  Is Bytecoin coin accepted anywhere or does it have any use?

Just speculating, curious to see what everyone's opinion is as to why so much power is being put into it.  Maybe they know something we don't?

Compared to the other untraceables (apart from XMR obviously) the hash rate is x 20 higher.

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