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Omega6

Yes, I 100% agree with Jimmy and it is going to stay in essence called Bitcoin. It might get a nickname Bitcoin2 or Bitcoin Scrypt but lets make no mistake about this, Bitcoin SHA has gotten totally lost within the corporate machine and in doing so, has lost its connection to the users and miners.

 

I hate ASIC or any form of dedicated device for decentralised currency mining, this was not what Bitcoin was created for and that is for it to be open source and in that respect, it should be able to be freely accessible to all.Bitcoin is getting less accessible by the second, we have thousands of miners who pre-ordered Jalapeños a year ago which are now just turning up and are in effect useless. THAT, is not what Bitcoin or any other Cryptocurrency is about and it is this sort of mishandled injustice that disgusts me, in the way in which  these "specialised" company's operate, have no customer care or real support and I bet when it comes down to it, really only care about money and not about Bitcoin itself and what it could mean for the world economy and the division of the working classes.Lets make this clear once and for all.Bitcoin SHA-256 is now a centralized "commodity" that has been taken out of the hands of the everyday miner and into the hands of the rich and powerful. Is only minable with a return using ASIC's which get delayed until they become worthless.Bitcoin Scrypt is a decentralised currency and using the Scrypt algorithm bringing the mining and the power back into the GPU owners, which is pretty much everyone in this community. If at some point they invent a Scrypt ASIC, then I will change the Algorithm again, so keeping it in the hands of the general community and will continue to do this.Governments.....Corporations.....The Rich and Powerful....they are not the ones who should be in control of OUR currency, YOU should be in control of your own currency and Bitcoin Scrypt is the answer to that.Bitcoin Scrypt - Bringing Bitcoin back into the hands of the community!!!

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bigplayermaster

Omega6,

I completely agree with your post. Greed drives development of more effective mining gear, first from CPU -> GPU .> FPGA -> ASIC -> ?  which costs money funded by the greedy, and in turn makes it impossible for anyone to mine without very expensive and specialised gear. This is rapidly centralizing control over the network, I believe GPU mining will be completely eliminated with the change that just happened with difficulty up to 148819199. Some of the GPU miners will lose money flooding the 2nd hand market with 79xx series cards, driving the price of the cards down. The rest of the guys might move over to LiteCoin / WorldCoin / DigitalCoin with the hopes that it will be worth more someday - everybody is holding their breath for LTC and MtGOX and who knows if / when that will ever happen.

 

I will keep all my hashrate at this coin, and grow it when it becomes worth more, and I am very excited about the potential and I fully support this.

 

Good work, thank you.

+1

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Jimmy

Honestly, if you are open to changing the algo, I would change it to Scrypt-jane similar to lotterytickets (this coin of the moment in my head that uses scrypt-jane).

 

Why, because even the GPU is somewhat a specialized device.  CPUs really aren't.

 

If you really want everyone to be able to mine, then IMHO CPU is the way to go.  Think of it like [email protected] http://setiathome.berkeley.edu/ people run that program in the background to help discover messages from space, etc.  

 

I would actually love to see a CPU only Bitcoin where everyone had the same shot.  Over time it's going to be a lot easier to get mass people mining when all they need is a CPU.

 

I will admit, I'm not an expert will all the different algos.  Scrypt is good but after awhile this coin will turn into Litecoin which is so difficult now that I view it on the same page as Bitcoin.

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Omega6

I understand the CPU argument but I really think we have moved past that method of mining, if we are talking in terms of taking on Bitcoin.The few CPU coins that I have seen developed, there have always been slight inconsistencies with the difficulty rise, almost like a CPU coin has been developed but Dev has a freshly coded GPU miner ready and waiting.I have been told by a few Primecoin miners and some of the other CPU coins, that it can be down to or just appears to be pure luck if you get a block.

 

I think it is just personal preference as to where the bar needs to be set to enable everyone the chance to mine. With GPU's I would say that the bar there is probably a 5870 for Scrypt based coins and second hand they can be picked up at a very cheap price, alot cheaper than say am I5 or an I7 CPU.

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meee

I understand the CPU argument but I really think we have moved past that method of mining, if we are talking in terms of taking on Bitcoin.The few CPU coins that I have seen developed, there have always been slight inconsistencies with the difficulty rise, almost like a CPU coin has been developed but Dev has a freshly coded GPU miner ready and waiting.I have been told by a few Primecoin miners and some of the other CPU coins, that it can be down to or just appears to be pure luck if you get a block.

 

I think it is just personal preference as to where the bar needs to be set to enable everyone the chance to mine. With GPU's I would say that the bar there is probably a 5870 for Scrypt based coins and second hand they can be picked up at a very cheap price, alot cheaper than say am I5 or an I7 CPU.

Also don't people set up botnets for scrypt-jane coins or is that all just rumor?

 

Any way Omega6 I am quite impressed with what you are saying, you can talk the talk for sure but can you walk the walk? I hope so! I will be turning my miners back to bitcoin srcypt soon!

 

So, if you are keeping the BTC name I guess then that a whole new infrastructure will need to be developed, new exchanges etc. Quite a big task you are taking on. Do you feel you can do it?

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cryptominer.net

Is there a working blockexplorer? We have a payout issue on the pool. Coins are sent but not arrived for a day.

 

Thanks.

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Omega6

As of yet there is no working block explorer but I will set a 500 Bitcoin Scrypt bounty to anyone who can develop that service for us, it is a major tool used almost everyday and is important for trading security and to reveal scams.

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WxXXV4m74JjHxtessjxJ

Hi Omega6, I have installed the new version and I have problems with the connection to the network.

Could you explain me how to solo mining, please?

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Omega6

Right now is your client spinning around and trying to sync?

 

What I we are doing right now with this client upgrade is a hard fork and it means that new blocks need to start being found by the new Version 1.1 clients but there is always a delay as people are sometimes slow to upgrade, like the pool might not have upgraded yet.

 

As soon as any version 1.1 client find a block, the chain will work and then Version 1.1 will become the dominant blockchain.

 

You enjoying trading and getting involved with Bitcoin Scrypt? Or do you believe that Bitcoin-SHA 256 is perfect in everyway? It is not painfully slow to make transactions and pretty much impossible to mine by anyone else but Satoshi himself lol.

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WxXXV4m74JjHxtessjxJ

I like this coin very much but my problem is that I don't know to configure my client to solo mining. I want to try it. Could you help me?

 

How to configure the BTC2 Client v.1.0 to solo mining, please.

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Omega6

Yeah, can you post a screenshot of your client please and put it on here for me to see.

 

Post your appdata Bitcoin folder conf file, removing the username and password section.

 

Oh and create a shortcut from the client to the desktop, right click the shortcut, the click properties, the put -server at the end of the target box so it looks like this  Bitcoin_Scrypt_V1.1-qt.exe -server

 

This would make sure your client is running as a server which you need if you want to solo mine.

 

Also can you post your cgminer specs please and which gpu you are using. :)

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WxXXV4m74JjHxtessjxJ

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Which values may I put into the threads (default 99) and scantime (default 99).

 

In which address BTC will be transfer when a block be found. How will I know that a block has been found?

 

And I have a 7970 Saphire Radeon.

 

Tell to me how to configure my client to solo mining, please.

 

Thank you very much.

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cryptominer.net

Pool is updating the client. Need 15 mins. :)

 

Thanks.

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cryptominer.net

Pool updated to 1.1

 

Current difficulty is 1.18.

 

Happy mining! ;)

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