Post
Topic
Board Altcoin Discussion
Re: [BTE] The Bytecoin Information Thread
by
ProfMac
on 09/12/2014, 22:26:50 UTC

When the difficulty drops, many hoppers point the ASICs to BTE.  Then, an entire epoch of 2016 are mined in 1 or 2 days, and the difficulty rises high.  The hoppers leave and the steadfasts don't have a lot of hash power.


In other words for transactions the coin is not of much use right now but that would change if the difficulty were stable?

An early fair copy of bitcoin has an obvious appeal if it is a workable coin.

The website needs to be updated a little. Coinex.PW seems to be out of business, likewise some of the other links. BTE looks like the best buy amongst the unpremined coins at https://bitcointalk.org/index.php?topic=134179.0

I think that the coin would be good if the block rate were stable.  I think there are some ways to do that even if ASICs are brought online and back off, but I have not coded up an example.