Im bit confused here. So if you have beancash, you could store it in a wallet to get more beancash? Something similar to like waves where they give out rewards etc?
Also thoughts on beancash? I bought a while back and the price has dropped huge already.
Topic: Sprouting Bitbean is 10X more profitable than mining - page 3. (Read 20087 times)
kinda a wasted project IMO 
From your view, probably every coin is a wasted project right now 
actually quite opposite -i have some incredible investments in this area ! - wish u didn't judge .. but i understand i spoke poorly about the beans ..? i wanna luv the project !
i held my coins for over a year -- then decided to throw in wallet to try the sprouting ..... its been months with no sprouts
.. have not had much luck ? no sprouting ... and long time estimate from wallet ?
im glad its working for you but it must be selective ??
im all about decentralized blockchain especially bitcoin of course !
maybe you could offer some assistance if the sprouting really works ?
I have no problems staking other coins or running my nodes ?
but this sprouting is not working ?
thx in advance
namaste
kinda a wasted project IMO
From your view, probably every coin is a wasted project right now
kinda a wasted project IMO
i have a drop over 10k in a wallet ...
it says expected time to earn reward is 92 days
it has been synched for 23 days now ?
it says expected time to earn reward is 92 days
it has been synched for 23 days now ?
10k Beans is very few...I've had 6 sprouts today. not enough for me so I'm turning my mining rigs back on... its cold in the house anyway.
i have a drop over 10k in a wallet ...
it says expected time to earn reward is 92 days
it has been synched for 23 days now ?
it says expected time to earn reward is 92 days
it has been synched for 23 days now ?
I bought 5000 BITB in two lots of 2500 back in March and February, spending around $38 total, IIRC. It's now worth $16 and I haven't received a single sprout in all that time, despite that the wallet has been synced and running more or less continuously on a laptop I set up specifically for running wallets. So, this experiment has played out exactly as I expected based on the amount of money I was willing to put into it...
the Bear market. OUCH. My mining rigs have been off for months but Beans are still sprouting strong and generating satoshis daily. 5000 beans really isn't enough to make a micrometeorite worth of impact. But I would like to drop one nugget of information on you: https://www.youtube.com/watch?v=olEo8pSSPiE
Sure, the interval between sprouts with just 5k beans is quite extended, but I should have received at least one sprout by now (it's been 9 months). I may buy another 15k beans to bring the sprouting interval down to around 2 months, but no way am I going to spend more than this token amount - another $18, basically - on a project I otherwise never viewed as anything but an interesting experiment.
I bought 5000 BITB in two lots of 2500 back in March and February, spending around $38 total, IIRC. It's now worth $16 and I haven't received a single sprout in all that time, despite that the wallet has been synced and running more or less continuously on a laptop I set up specifically for running wallets. So, this experiment has played out exactly as I expected based on the amount of money I was willing to put into it...
You're doing something wrong... or you aren't holding enough coins to allow for sprouting, possibly.I bought over a million coins mid july, and I've been sprouting in batches of 1000 every couple of days ever since. It's held its value fairly well too in the grand scheme of bear market crypto so I'm not down much at all.
Working as intended, I'd say!
Yeah, two key things you did different from me: you bought at a much more attractive price - I was wrong, my average cost was closer to 0.01 per BITB, or $50 total - and you bought way more of it. I have considered buying more over the past few months to give me a better chance of sprouting, but seeing as this project doesn't do anything new or have an interesting use case I haven't bothered.
the Bear market. OUCH. My mining rigs have been off for months but Beans are still sprouting strong and generating satoshis daily. 5000 beans really isn't enough to make a micrometeorite worth of impact. But I would like to drop one nugget of information on you: https://www.youtube.com/watch?v=olEo8pSSPiE
I bought 5000 BITB in two lots of 2500 back in March and February, spending around $38 total, IIRC. It's now worth $16 and I haven't received a single sprout in all that time, despite that the wallet has been synced and running more or less continuously on a laptop I set up specifically for running wallets. So, this experiment has played out exactly as I expected based on the amount of money I was willing to put into it...
You're doing something wrong... or you aren't holding enough coins to allow for sprouting, possibly.I bought over a million coins mid july, and I've been sprouting in batches of 1000 every couple of days ever since. It's held its value fairly well too in the grand scheme of bear market crypto so I'm not down much at all.
Working as intended, I'd say!
Yeah, two key things you did different from me: you bought at a much more attractive price - I was wrong, my average cost was closer to 0.01 per BITB, or $50 total - and you bought way more of it. I have considered buying more over the past few months to give me a better chance of sprouting, but seeing as this project doesn't do anything new or have an interesting use case I haven't bothered.
Bitbean hah, i saw this post too back in January and considered investing in it.
So, any inputs from those who did? Did you guys really earn something from this sprouting gig or did it's value tank like almost every other coin out there?
So, any inputs from those who did? Did you guys really earn something from this sprouting gig or did it's value tank like almost every other coin out there?
I bought 5000 BITB in two lots of 2500 back in March and February, spending around $38 total, IIRC. It's now worth $16 and I haven't received a single sprout in all that time, despite that the wallet has been synced and running more or less continuously on a laptop I set up specifically for running wallets. So, this experiment has played out exactly as I expected based on the amount of money I was willing to put into it...
I bought over a million coins mid july, and I've been sprouting in batches of 1000 every couple of days ever since. It's held its value fairly well too in the grand scheme of bear market crypto so I'm not down much at all.
Working as intended, I'd say!
Bitbean hah, i saw this post too back in January and considered investing in it.
So, any inputs from those who did? Did you guys really earn something from this sprouting gig or did it's value tank like almost every other coin out there?
So, any inputs from those who did? Did you guys really earn something from this sprouting gig or did it's value tank like almost every other coin out there?
I bought 5000 BITB in two lots of 2500 back in March and February, spending around $38 total, IIRC. It's now worth $16 and I haven't received a single sprout in all that time, despite that the wallet has been synced and running more or less continuously on a laptop I set up specifically for running wallets. So, this experiment has played out exactly as I expected based on the amount of money I was willing to put into it...
I suffered from having no connections.
I fixed it by copying the nodes list from here in %appdata% "beancash.conf"
Link: https://www.coinexchange.io/network/peers/BITB
I fixed it by copying the nodes list from here in %appdata% "beancash.conf"
Link: https://www.coinexchange.io/network/peers/BITB
Bitbean hah, i saw this post too back in January and considered investing in it.
So, any inputs from those who did? Did you guys really earn something from this sprouting gig or did it's value tank like almost every other coin out there?
So, any inputs from those who did? Did you guys really earn something from this sprouting gig or did it's value tank like almost every other coin out there?
ÇİFTLİKBANK I actually bought just over 1 million beans yesterday and transferred them all in one go from the exchange into my wallet. Would it make sense to re-block (i.e. sending these coins to myself in a few separate transactions, if I understand correctly)?
I just checked out the site given above - beancash.guru - and it has some good explanations on it. See #11 and #12 specifically, but yes, turning on coin control and sending the balance to the same address in multiple transactions will smooth out the sprouting times.
I actually bought just over 1 million beans yesterday and transferred them all in one go from the exchange into my wallet. Would it make sense to re-block (i.e. sending these coins to myself in a few separate transactions, if I understand correctly)?
I just checked out the site given above - beancash.guru - and it has some good explanations on it. See #11 and #12 specifically, but yes, turning on coin control and sending the balance to the same address in multiple transactions will smooth out the sprouting times.
I actually bought just over 1 million beans yesterday and transferred them all in one go from the exchange into my wallet. Would it make sense to re-block (i.e. sending these coins to myself in a few separate transactions, if I understand correctly)?
Is there a way to increase the number of wallet connections to the network? I'm connected (and synced) since last night with 16 connections. I assume the more connections, the more chances of sprouting...?
I used to max out at 16 connections, but after rebooting the laptop I run my wallets on a couple days ago I've been stuck at just 2 connections so I'm curious about this as well.
My understanding is that sprouting is like mining in a sense, and the number of connections is roughly equivalent to the inverse of ping time, so more connections means less chance of a sprout being marked stale or orphaned. So number of connections has an indirect effect on the chances of receiving a block from sprouting.
Is there a way to increase the number of wallet connections to the network? I'm connected (and synced) since last night with 16 connections. I assume the more connections, the more chances of sprouting...?
read https://beancash.guru/ point 5
more connections give not more chances of sprouting
only less orphan blocks
Is there a way to increase the number of wallet connections to the network? I'm connected (and synced) since last night with 16 connections. I assume the more connections, the more chances of sprouting...?
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