Post
Topic
Board Mining
Re: Testnet4 Mining (Discussion)
by
champloo
on 16/04/2025, 07:58:37 UTC
It seems to me that the only chance to stop what is happening now on testnet is to lead and distribute for free, thereby devaluing the test coin sales market.
This post comes to mind:
Please don't give TNBTC to people who are just hoovering it up to paid by defi scams based on it.

Real testing just needs tiny amount, the people who "need" large amounts are selling it.  (technically trading it for defi testnet defi tokens which they expect to get converted into real value once that scams they are participating in go live).

This abusive and anti-social behaviour has made it hard for people to get testnet for actual bitcoin testing because they've drained all the faucets and conned the people that have historically given it out out of theirs.

It's also forcing bitcoin development to abandon testnet for testing.

I can implement simple checks that can filter out botnets and prevent the funnel from being sucked out. In general, I agree that giving large amounts is not right. But considering that if it is possible to facilitate coin mining as the scammers do in the pool, the issue of replenishing the wallet will not be a problem.
It is also not worth distributing more than 5 TBTC, I agree. But at first, the distribution will be no more than 0.0001% of the wallet - which is 50,000 BTC that should be for the funnel maximum. This is a large amount for ASIC at the moment. But it will not be for the CPU.
And the pool will allow mining for those who need more.