Quote from: johndec2 on January 08, 2015, 09:10:41 AM

Rant on/

What is going on here? I know I've been a bit quiet here lately as I have had other projects/distractions but when even Nicos gives up on mining BTM, I know this coin is in trouble. I'm not part of the slack clique as I have never been invited but looking at what is going on here at BCT (or rather not going on) it appears there is a severe case of "Fiddling while Rome burns".

Mining of BTM has slowed to a crawl, a few gpu miners on xHash and about 300mh/s on hash-to-coins... At this rate it will take months to the next diff change where will have 6 hours of madness and another 6 months of doldrums at 1953 diff. THIS is unsustainable. Dig a grave and bury BTM now.

Unless the clever people in the dev team and/or slack come up with a better solution SOON, this coin will go the way of so many others, which will be a massive shame as it is a brilliant concept that appears (to me) to be badly implemented. You either need to work out a way to increase the mining on this coin or change the diff parameters to make it more friendly to a lower hash rate. It pains me to say that as I want the acquisition of BTM to be as difficult as possible but if the demand is just not there, there is no alternative.

Before you all chip in with roadmaps, etc, don't waste your breath. We need action not "pie in the sky" plans. To put my money where my mouth is, I've moved everything I have to Xhash (around 100mh/s) and will leave it there until the end of this month. I will be mining at a significant loss compared to mining just about everything else, especially considering the current depressed price. Speaking of the depressed price - the market is speaking, it is a massive vote of no confidence in the non-action of the dev team and the failed implementation deadlines. WOW, marking on Polo... that was fun for about a week until everyone forgot about it....

If I don't see some positive action by the end of the month, I'll dump my BTM, cut my losses, and move on. If I was to dump my over 15,000 BTM on Bittrex now, the new price would be 2 satoshis. This is not a threat, just the pleas of someone severely pissed off by the waste through inaction of what should be the best altcoin around.

Rant off/

PS: Clean up the OP. Most of the pools listed are dead. Or even better, breath some life into the coin so that we can replace the dead pools with live pools.

PPS: Like the poster here: https://bitcointalk.org/index.php?topic=660544.msg10031495#msg10031495 I too donated to the cause. Mine was a donation but I was led to believe it would be converted to a loan, so confident was everyone back then. Like him, I've seen nothing. Don't worry about me, I originally gave not lent, but it is very poor form not to pay your promised debts.

All fair points IMHO. Respect for mining at a loss and supporting the project still.

The value proposition is core dev ie marking, not mining emission. Fix core dev and marking everything else starts to fix itself.

I hope this project continues as there's some great ideas.