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Re: [ANN] [BNBTC] BNbitcoin: PoW mined bitcoin on Binance Smart Chain
On Bitcoin’s 16th birthday, we wanted to reflect on how much the crypto world has changed. Apart from the fads of the moment—which by definition are short-lived—BNBTC will always remain faithful to those who, tired of memecoins and similar trends, choose to return to the origins, at least as we interpret them in following Satoshi’s true vision. At the same time, the ability to leverage a programmable EVM-based blockchain with acceptable usage costs is a nod to innovation and the progress made since 2009.
What else can we say? Thanks to everyone, but above all… thank you, Satoshi!
What else can we say? Thanks to everyone, but above all… thank you, Satoshi!
Re: [ANN] [BNBTC] BNbitcoin: PoW mined bitcoin on Binance Smart Chain
If BNBTC’s mining were to stop by the miners’ decision, there would be no security issues because the underlying BNB Chain network would continue to provide a very robust shield. In fact, this is also an advantage from both an environmental and security standpoint.
The nearly four years that have passed have allowed many people to clarify their thoughts about BNBTC. Time has been an impartial judge that has revealed the true nature and founding principles of the project, which is still a niche endeavor, still in its early stages.
Some complain that there are no marketing funds, but since the project is 100% owned by the Community, even if progress is slower, any progress made is genuine (and not artificially fabricated), and that is what truly matters. After all, what is a project without a Community? The most important success of BNBTC has been bringing together people united by the same principles of transparency and impartiality, and that is truly priceless. Moreover, though small, the Community continues to grow day by day.
Thanks to the support of Community members, BNBTC is also available on Xeggex. (NFA, DYOR)
There are undoubtedly other goals for the near future, but these are always decided and shared among Community members. The most important thing is to let people know that the project exists; everyone can then decide whether to ignore it or become part of it, thereby enriching the Community with new supporters or enthusiasts.
The nearly four years that have passed have allowed many people to clarify their thoughts about BNBTC. Time has been an impartial judge that has revealed the true nature and founding principles of the project, which is still a niche endeavor, still in its early stages.
Some complain that there are no marketing funds, but since the project is 100% owned by the Community, even if progress is slower, any progress made is genuine (and not artificially fabricated), and that is what truly matters. After all, what is a project without a Community? The most important success of BNBTC has been bringing together people united by the same principles of transparency and impartiality, and that is truly priceless. Moreover, though small, the Community continues to grow day by day.
Thanks to the support of Community members, BNBTC is also available on Xeggex. (NFA, DYOR)
There are undoubtedly other goals for the near future, but these are always decided and shared among Community members. The most important thing is to let people know that the project exists; everyone can then decide whether to ignore it or become part of it, thereby enriching the Community with new supporters or enthusiasts.
Re: [ANN] [BNBTC] BNbitcoin: PoW mined bitcoin on Binance Smart Chain
yay 
go FPGA
Now 6 people in whole world can mine for profit...
go FPGA
Now 6 people in whole world can mine for profit...
I agree—FPGAs are more efficient than GPUs, but their limited market availability and niche nature certainly don’t help with the token’s widespread adoption.
Fortunately for BNBTC, mining isn’t tied to the network’s security but only to its distribution method. As a result, the protection offered by the BNB Chain remains intact, and users can rest assured that a 51% attack won’t be possible even if a farm with a huge number of FPGAs—or even ASICs—were to appear overnight. I think this is a big advantage compared to all the other fairly distributed PoW-mined projects out there.
Anyway there are rumors that community developers are working on this specific topic... We’ll see what happens in the coming months... In any case, it will be up to the community to decide what to do if new proposals arise.
Re: [ANN] [BNBTC] BNbitcoin: PoW mined bitcoin on Binance Smart Chain
BNbitcoin passed a smart contract audit at Y3TI.uk !
Link --> https://www.y3ti.uk/contracts/BNbitcoin-Token
It'll be added to the BNBTC linktr.ee info collector --> https://linktr.ee/bnbitcoin
See you!
Link --> https://www.y3ti.uk/contracts/BNbitcoin-Token
It'll be added to the BNBTC linktr.ee info collector --> https://linktr.ee/bnbitcoin
See you!
Re: [ANN] [BNBTC] BNbitcoin: PoW mined bitcoin on Binance Smart Chain
BNBTC is live and strong, an update was needed to this post! 
FPGA devices (like Hashaltcoin Blackminers F1 and F2) are now the standard tech for mining, and the mining pool is now at https://0xpool.me.
You can monitor BNbitcoin statistics at https://stats.bnbitcoin.org.
The main info website has been updated to the current data, check it out at https://bnbitcoin.org.
Have a great day!
FPGA devices (like Hashaltcoin Blackminers F1 and F2) are now the standard tech for mining, and the mining pool is now at https://0xpool.me.
You can monitor BNbitcoin statistics at https://stats.bnbitcoin.org.
The main info website has been updated to the current data, check it out at https://bnbitcoin.org.
Have a great day!
Re: [ANN] [BNBTC] BNbitcoin: PoW mined bitcoin on Binance Smart Chain
Good news / update: 2nd difficulty adjustment period has been reached (4032 epochs) a little early thanks to the solo-miners' firepower.
Difficulty therefore readjusted, but it is still quite easy to mine blocks. It's still a good moment to join in...
Difficulty therefore readjusted, but it is still quite easy to mine blocks. It's still a good moment to join in...
I fully agree with both Abiky and Bitstar_coin.
Luckily the Community behind mineable tokens on EVM is growing rapidly and a well-structured united front is an option which we are discussing in these days, but I can't say more now...
0xBitcoin, which is the reference for the mineable tokens, is not only a smart contract: it's a symbol. A symbol that means Community governance, fair distribution, and so on.
The insane increase of gas costs on the eth mainnet was not clearly predictable, as well as the extension of DeFi phenomenon. For this reason the MIT license of the 0xbitcoin contract is the open door to the code evolution and implementation on other platforms which are somehow DeFi-proof or DeFi-ready as the Binance Smart Chain. And BNbitcoin is an essential step towards this direction.
Marketing plays a keyrole to let the world know you've done a good project, but I believe it's the most difficult part to achieve success.
BNbitcoin is newborn, is almost unknown, but many are starting to appreciate its moral value and to support it with solo-mining.
One step, that needs to be done mandatory, is to make the mining easier and practicable also by people that are not familiar with scripts, remote procedure calls and so on... I believe that efforts should done in this direction: to allow a single-mouse-click mining or so.
I believe in general that there is a big margin to let mineable tokens popularity grow in a disruptive way, but I believe it will be an "all-together" way, not a single project prevailing on the others...
We'll do our best
Luckily the Community behind mineable tokens on EVM is growing rapidly and a well-structured united front is an option which we are discussing in these days, but I can't say more now...
0xBitcoin, which is the reference for the mineable tokens, is not only a smart contract: it's a symbol. A symbol that means Community governance, fair distribution, and so on.
The insane increase of gas costs on the eth mainnet was not clearly predictable, as well as the extension of DeFi phenomenon. For this reason the MIT license of the 0xbitcoin contract is the open door to the code evolution and implementation on other platforms which are somehow DeFi-proof or DeFi-ready as the Binance Smart Chain. And BNbitcoin is an essential step towards this direction.
Marketing plays a keyrole to let the world know you've done a good project, but I believe it's the most difficult part to achieve success.
BNbitcoin is newborn, is almost unknown, but many are starting to appreciate its moral value and to support it with solo-mining.
One step, that needs to be done mandatory, is to make the mining easier and practicable also by people that are not familiar with scripts, remote procedure calls and so on... I believe that efforts should done in this direction: to allow a single-mouse-click mining or so.
I believe in general that there is a big margin to let mineable tokens popularity grow in a disruptive way, but I believe it will be an "all-together" way, not a single project prevailing on the others...
We'll do our best
WBTC is different from 0xBitcoin.
0xbitcoin was a crap coin that being created when tokenization for the existing asset in crypto market has become a trend a few years ago. WBTC totally backed by the real bitcoin and that makes the price of WBTC will be 1;1 with bitcoin.
https://coinmarketcap.com/currencies/0xbtc/markets/
https://coinmarketcap.com/currencies/wrapped-bitcoin/
You can check it directly.
0xbitcoin was a crap coin that being created when tokenization for the existing asset in crypto market has become a trend a few years ago. WBTC totally backed by the real bitcoin and that makes the price of WBTC will be 1;1 with bitcoin.
https://coinmarketcap.com/currencies/0xbtc/markets/
https://coinmarketcap.com/currencies/wrapped-bitcoin/
You can check it directly.
Yes, I'm aware. Both Wrapped Bitcoin and OxBitcoin are entirely different from the other. It's like comparing apples vs oranges. What's innovative about 0xBitcoin is the ability to mine coins out of a smart contract right from the ETH blockchain. Most other tokens are either based on the ERC-20 or ERC-721 standards as it's the hype of the moment. Tokens that are mineable (like 0xBitcoin) and stakeable (like PoSToken) are out of the spotlight as people are focused on other projects. With 0xBTC, we get a "better" version of Bitcoin that's both scarce and programmable at the same time. It's an entirely independent crypto asset that's not pegged to Bitcoin itself. Imagine the future of PoW coins being based on smart contracts instead of a separate blockchain network built entirely from scratch. It would revolutionize the industry as we speak.
Nonetheless, it's all about mainstream adoption for a crypto project to succeed in the mainstream world. Despite 0xBitcoin's innovative features, its use cases for the mainstream world are extremely limited. The project's team needs to ramp up marketing/promotion efforts in order to spread awareness of the token. Otherwise, it'll go down the drain faster than you could've ever imagined. At least, the smart contract's code is open for the public. Anyone can choose to improve the existing project or build another one from scratch. Whenever PoW tokens built on the ETH blockchain will be the future of crypto or not, it's yet to be determined. With high gas fees, I don't think this approach won't be going anywhere soon. Just my thoughts
High gas fees are killing/have killed many Dapps, games and so on... DeFi on the Ethereum mainnet is eating everything... this is the reason why we studied 0xbitcoin contract and created BNbitcoin, mined BEP-20 token on Binance Smart Chain: even if if it more centralized (consensus is based on 21 validators) gas fees for mining are acceptable now (0.25/0.30 USD) furthermore we restored the same difficulty adjustment period originally designed by Nakamoto (2 weeks) and max target to 2^224... BSC stress tests have been recently performed when volumes became higher than eth mainnet without increase of gas costs...
We fully agree with you.
Nevertheless when 0xbitcoin was deployed (more than 3 years ago) the Ethereum network scenario was very different from today's situation.... I remember when I tried to solo-mine with CPU in the early hours after deployment and how much delusion when, some time after, GPUs joined the game...
No one would never have imagined that a phenomenon like DeFi could happen in a such massive and disruptive way.... and yet it did.
All credits go to infernal_toast, jlogelin, admazzola and all the Project Contributors that have made possible the mined tokens on the EVM.
A very fresh new is we have studied the contract and adapted it to be implemented into the BEP-20 standards. We have deployed BNbitcoin (BNBTC) (https://bnbitcoin.org), the minable bitcoin token on the Binance Smart Chain. This was necessary because the gas fees on the Ethereum mainnet have become insanely high due to DeFi. Solo mining is then re-feasible for now, but on the BSC.
If you look at a recent minting transaction from Mike.rs pool, you can see that 13.11 USD have been spent... this is really, really too much.
Even if BSC has a consensus based on 21 validators, and someone can say it is more centralized than Eth 2.0 (that will have 1000 validators), today it guarantees very low fees for minting and taking rewards.
Minor modifications of the smart contract have been applied to the epoch maths to keep a 10 minutes duration BNBTC block, due to the different block time of BSC (3 seconds).
Furthermore the difficulty adjustment period has been restored to 2016 (instead of 1024 of 0xBTC), like in the original Nakamoto's bitcoin design, as well as max target, which has been restored to 2^224.
Nevertheless when 0xbitcoin was deployed (more than 3 years ago) the Ethereum network scenario was very different from today's situation.... I remember when I tried to solo-mine with CPU
in the early hours after deployment and how much delusion when, some time after, GPUs joined the game... No one would never have imagined that a phenomenon like DeFi could happen in a such massive and disruptive way.... and yet it did.
All credits go to infernal_toast, jlogelin, admazzola and all the Project Contributors that have made possible the mined tokens on the EVM.
A very fresh new is we have studied the contract and adapted it to be implemented into the BEP-20 standards. We have deployed BNbitcoin (BNBTC) (https://bnbitcoin.org), the minable bitcoin token on the Binance Smart Chain. This was necessary because the gas fees on the Ethereum mainnet have become insanely high due to DeFi. Solo mining is then re-feasible for now, but on the BSC.
If you look at a recent minting transaction from Mike.rs pool, you can see that 13.11 USD have been spent... this is really, really too much.
Even if BSC has a consensus based on 21 validators, and someone can say it is more centralized than Eth 2.0 (that will have 1000 validators), today it guarantees very low fees for minting and taking rewards.
Minor modifications of the smart contract have been applied to the epoch maths to keep a 10 minutes duration BNBTC block, due to the different block time of BSC (3 seconds).
Furthermore the difficulty adjustment period has been restored to 2016 (instead of 1024 of 0xBTC), like in the original Nakamoto's bitcoin design, as well as max target, which has been restored to 2^224.
Re: [ANN] [BNBTC] BNbitcoin: PoW mined bitcoin on Binance Smart Chain
Quote
But yours isnt audited. Some elses is not the same as this one being audited...you are making a false equivalence.
Get it audited not point to another and say we are same.....
Get it audited not point to another and say we are same.....
Yes, for sure we will ask for an audit to have confirmation that the contract is 100% aligned with the 0xbitcoin contract.
But we are sure when we say that the contract is equivalent because in Solidity there are 2 kinds of functions:
1) State-modifying functions (transfer, mint,...) which alter the state of the blockchain and require gas to be activated.
2) Callable (read-only) functions (name, symbol,...): they do not alter the state of the blockchain and hence do not consume gas.
The BEP-20 standard for the Binance Smart Chain, at paragraph 5.1.16, requires an extended method getOwner() function not available in the EIP-20 standard: this method is a read-only function (point 2) above) that provides the contract owner address when called.
We introduced such function to be compliant with BSC, but all the state-modifying function have been left unaltered in their structures.
Re: [ANN] [BNBTC] BNbitcoin: PoW mined bitcoin on Binance Smart Chain
Important notice:
Some users are complaining because we said that inside the miner tokenminer.ini settings of the MVis-tokenminer app, the private key is required, while they have never used their private key for mining.
Let's make the following clarifications:
For SOLO mining (the configuration we refer to) the private key is necessary to sign the minting transactions.
For POOL mining (as we think that many user experienced with 0xbitcoin) the private key is not requested.
This Youtube video clarifies this aspect
Today we do not have pools ready, has happened in the earlier days with 0xbitcoin.
Thank you for collaboration and sorry if we caused misunderstanding.
Some users are complaining because we said that inside the miner tokenminer.ini settings of the MVis-tokenminer app, the private key is required, while they have never used their private key for mining.
Let's make the following clarifications:
For SOLO mining (the configuration we refer to) the private key is necessary to sign the minting transactions.
For POOL mining (as we think that many user experienced with 0xbitcoin) the private key is not requested.
This Youtube video clarifies this aspect
Today we do not have pools ready, has happened in the earlier days with 0xbitcoin.
Thank you for collaboration and sorry if we caused misunderstanding.
Re: [ANN] [BNBTC] BNbitcoin: PoW mined bitcoin on Binance Smart Chain
Quote
You should proobaby read your own website...it states “ The original smart contract of 0xbitcoin has been audited and no relevant issues are present.”
Which means 0xbitcoin has been...NOT this token.
The whole “ AcctPK=[private key of your miner account without 0x prefix]” is the scam.
Ive mined 0xbitcoin and never had to use my keys.
Go cry some more
Which means 0xbitcoin has been...NOT this token.
The whole “ AcctPK=[private key of your miner account without 0x prefix]” is the scam.
Ive mined 0xbitcoin and never had to use my keys.
Go cry some more
You are not fair. You have omitted the remaining part of the description: all the state modifying functions are IDENTICAL! We have introduced only a callable getOwner() function, as required in the BEP-20 standards.
Hence the contract safety is IDENTICAL! Maybe you did not compared the contracts...
Luckily both the contracts are verified and publicly readable, and everyone can verify what I'm saying...
Re: [ANN] [BNBTC] BNbitcoin: PoW mined bitcoin on Binance Smart Chain
Definitely scam project.
Token cannot be mined
User wanganxiu called it correctly....OP wants your wallet keys to steal your crypto. Nothing more.
NEVER give your keys/seed....no legitimate project needs or wants those.
Nothing of value here.
Like several other new coins (or not so new) thst have no value , no future, and are just scams.
Token cannot be mined
User wanganxiu called it correctly....OP wants your wallet keys to steal your crypto. Nothing more.
NEVER give your keys/seed....no legitimate project needs or wants those.
Nothing of value here.
Like several other new coins (or not so new) thst have no value , no future, and are just scams.
Very bad surprise that an expert of this forum tells we are scammers.
Our contract is verified, the source code can be read by everyone: why scammers should make their contract publicly readable?
Our contract derives from 0xbitcoin contract, and it is identical in terms of state-modifying functions. Are then you telling that they also are scammers??? then also all those who audited the contract are scammers too?
??Please, if you have troubles with mining, ask directly us what the problem is before offending people that only want to promote the use of cryptos.
You are free to not trust in the token mining system, but please, do not offend honest people.
The address and privateKey are required to submit solutions to the smart contract, in other words they are used to sign transactions that allow the tokens to be minted (see "mint" function inside the smart contract) and to be transferred into your wallets if you win the challenge.
We report in any case, the complete tokenminer.ini and start-mining.bat, both for GPUs and CPUs files to launch the MVis-tokenminer v2.2.0 (the latest you can download from here), already configured for mining (simply copy-paste, you have to edit only the section related to your miner address):
------------------------------------------------
tokenminer.ini file:
------------------------------------------------
[General]
; BNbitcoin tokenminer.ini file
;--------------------------------------------------------
[Node]
; BSC RPC Endpoints, select one of these
;
; https://bsc-dataseed.binance.org
; https://bsc-dataseed1.defibit.io
; https://bsc-dataseed1.ninicoin.io
Host=https://bsc-dataseed.binance.org
RPCPort=
;--------------------------------------------------------
[Node2]
;--------------------------------------------------------
[0xBitcoin]
; SOLO MINING: Your BNB account and private key. Note the PK does NOT start
; with 0x. Mining rewards will be deposited to this account. Transaction
; fees will be DRAWN from this account. Make sure you have enough funds!!
; If you have multiple mining rigs, make sure each rig is running under a
; separate BNB account, to prevent nonce collisions if they happen to submit
; txs at nearly the same time.
MinerAcct=0x........................................
AcctPK=................................................................
; Difficulty assignment. Defaults to Pool assigned. You can also
; specify a value in minutes to have the miner self-assign a difficulty
; level to target an average number of minutes per share.
; Currently, no mining pools support self-assigned difficulty.
MinutesPerShare=Pool
; BNbitcoin contract address. normally you will not change this.
TokenContract=0xE7Cb24F449973D5B3520E5b93D88B405903c75Fb
; THE REMAINING SETTINGS IN THIS SECTION APPLY ONLY TO SOLO MINING:
; when your miner finds a solution, transactions will be submitted with this
; amount of gas (gwei). You can change this setting 'on the fly' (without having
; to restart the miner). All other setting changes require the miner to be restarted.
GasPrice=10
; Set to 1 to enable gas price bidding. Transactions will be submitted
; with [GasPrice] gas, unless there is someone else bidding, in which case
; the gas price will be set to the price of the competing bid + [BidTop], up
; to a maximum of [MaxGasPrice]. This feature has only been tested when running
; Geth as a local node. It is NOT supported by Infura nodes.
GasPriceBidding=0
; max gas price you're willing to bid up to
MaxGasPrice=35
; gas limit used when submitting solution
GasLimit=200000
; the # of gwei to top the highest bidder
BidTop=2
; if you have multiple mining rigs, specify a shared folder to make sure
; multiple miners don't try to submit a solution for the same challenge.
; eg. ChallengeFolder=\\DESKTOP\folder_name
ChallengeFolder=
;--------------------------------------------------------
[ThermalProtection]
; Temperature provider ('amd_adl' or 'speedfan')
TempProvider=speedfan
; Default temperature at which GPU throttling is activated. This applies to all GPUs on this mining rig.
; Note: throttling is at the hashing level, not the driver level.
ThrottleTemp=75
; Number of seconds after which the entire mining rig will shutdown if one or more GPUs
; remain at or above ThrottleTemp.
ShutDown=36000
------------------------------------------------
start-miningGPU.bat file:
------------------------------------------------
.\tokenminer.exe -G -S
pause
------------------------------------------------
start-miningCPU.bat file:
------------------------------------------------
.\tokenminer.exe -C -S
pause
Hope this helps
Tell us if you still experience problems.
You should proobaby read your own website...it states “ The original smart contract of 0xbitcoin has been audited and no relevant issues are present.”
Which means 0xbitcoin has been...NOT this token.
The whole “ AcctPK=[private key of your miner account without 0x prefix]” is the scam.
Ive mined 0xbitcoin and never had to use my keys.
Go cry some more.
Ok, then, please do this:
do exactly the same procedure you used for mining 0xbitcoin, but with the settings of BNbitcoin (RPC URL: https://bsc-dataseed.binance.org, target contract address: 0xE7Cb24F449973D5B3520E5b93D88B405903c75Fb, account on BSC).
We are not interested on how you mine the token: MVis-tokenminer is a possibility, but many other exist...
Try in your way, with the software/tools you are confident to use.
Re: [ANN] [BNBTC] BNbitcoin: PoW mined bitcoin on Binance Smart Chain
Just to clarify:
WE HAVE NO WAY TO ACCESS YOUR ADDRESS + PRIVATE KEY!
You set them inside YOUR tokenminer.ini file and THERE IS NO WAY for us to retrieve information about your private key!!!!!
Look yourself at the smart contract:
function mint(uint256 nonce, bytes32 challenge_digest) public returns (bool success) {
//the PoW must contain work that includes a recent BSC block hash (challenge number) and the msg.sender's address to prevent MITM attacks
bytes32 digest = keccak256(challengeNumber, msg.sender, nonce );
//the challenge digest must match the expected
if (digest != challenge_digest) revert();
//the digest must be smaller than the target
if(uint256(digest) > miningTarget) revert();
//only allow one reward for each challenge
bytes32 solution = solutionForChallenge[challengeNumber];
solutionForChallenge[challengeNumber] = digest;
if(solution != 0x0) revert(); //prevent the same answer from awarding twice
uint reward_amount = getMiningReward();
balances[msg.sender] = balances[msg.sender].add(reward_amount);
tokensMinted = tokensMinted.add(reward_amount);
//Cannot mint more tokens than there are
assert(tokensMinted <= maxSupplyForEra);
//set readonly diagnostics data
lastRewardTo = msg.sender;
lastRewardAmount = reward_amount;
lastRewardBscBlockNumber = block.number;
_startNewMiningEpoch();
Mint(msg.sender, reward_amount, epochCount, challengeNumber );
return true;
}
I hope someone who's reading this post, and knows the 0xbitcoin project, can explain, maybe better than us and with other words, that their account is safe.
WE HAVE NO WAY TO ACCESS YOUR ADDRESS + PRIVATE KEY!
You set them inside YOUR tokenminer.ini file and THERE IS NO WAY for us to retrieve information about your private key!!!!!
Look yourself at the smart contract:
function mint(uint256 nonce, bytes32 challenge_digest) public returns (bool success) {
//the PoW must contain work that includes a recent BSC block hash (challenge number) and the msg.sender's address to prevent MITM attacks
bytes32 digest = keccak256(challengeNumber, msg.sender, nonce );
//the challenge digest must match the expected
if (digest != challenge_digest) revert();
//the digest must be smaller than the target
if(uint256(digest) > miningTarget) revert();
//only allow one reward for each challenge
bytes32 solution = solutionForChallenge[challengeNumber];
solutionForChallenge[challengeNumber] = digest;
if(solution != 0x0) revert(); //prevent the same answer from awarding twice
uint reward_amount = getMiningReward();
balances[msg.sender] = balances[msg.sender].add(reward_amount);
tokensMinted = tokensMinted.add(reward_amount);
//Cannot mint more tokens than there are
assert(tokensMinted <= maxSupplyForEra);
//set readonly diagnostics data
lastRewardTo = msg.sender;
lastRewardAmount = reward_amount;
lastRewardBscBlockNumber = block.number;
_startNewMiningEpoch();
Mint(msg.sender, reward_amount, epochCount, challengeNumber );
return true;
}
I hope someone who's reading this post, and knows the 0xbitcoin project, can explain, maybe better than us and with other words, that their account is safe.
Re: [ANN] [BNBTC] BNbitcoin: PoW mined bitcoin on Binance Smart Chain
Definitely scam project.
Token cannot be mined
User wanganxiu called it correctly....OP wants your wallet keys to steal your crypto. Nothing more.
NEVER give your keys/seed....no legitimate project needs or wants those.
Nothing of value here.
Like several other new coins (or not so new) thst have no value , no future, and are just scams.
Token cannot be mined
User wanganxiu called it correctly....OP wants your wallet keys to steal your crypto. Nothing more.
NEVER give your keys/seed....no legitimate project needs or wants those.
Nothing of value here.
Like several other new coins (or not so new) thst have no value , no future, and are just scams.
Very bad surprise that an expert of this forum tells we are scammers.
Our contract is verified, the source code can be read by everyone: why scammers should make their contract publicly readable?
Our contract derives from 0xbitcoin contract, and it is identical in terms of state-modifying functions. Are then you telling that they also are scammers??? then also all those who audited the contract are scammers too?
??Please, if you have troubles with mining, ask directly us what the problem is before offending people that only want to promote the use of cryptos.
You are free to not trust in the token mining system, but please, do not offend honest people.
The address and privateKey are required to submit solutions to the smart contract, in other words they are used to sign transactions that allow the tokens to be minted (see "mint" function inside the smart contract) and to be transferred into your wallets if you win the challenge.
We report in any case, the complete tokenminer.ini and start-mining.bat, both for GPUs and CPUs files to launch the MVis-tokenminer v2.2.0 (the latest you can download from here), already configured for mining (simply copy-paste, you have to edit only the section related to your miner address):
------------------------------------------------
tokenminer.ini file:
------------------------------------------------
[General]
; BNbitcoin tokenminer.ini file
;--------------------------------------------------------
[Node]
; BSC RPC Endpoints, select one of these
;
; https://bsc-dataseed.binance.org
; https://bsc-dataseed1.defibit.io
; https://bsc-dataseed1.ninicoin.io
Host=https://bsc-dataseed.binance.org
RPCPort=
;--------------------------------------------------------
[Node2]
;--------------------------------------------------------
[0xBitcoin]
; SOLO MINING: Your BNB account and private key. Note the PK does NOT start
; with 0x. Mining rewards will be deposited to this account. Transaction
; fees will be DRAWN from this account. Make sure you have enough funds!!
; If you have multiple mining rigs, make sure each rig is running under a
; separate BNB account, to prevent nonce collisions if they happen to submit
; txs at nearly the same time.
MinerAcct=0x........................................
AcctPK=................................................................
; Difficulty assignment. Defaults to Pool assigned. You can also
; specify a value in minutes to have the miner self-assign a difficulty
; level to target an average number of minutes per share.
; Currently, no mining pools support self-assigned difficulty.
MinutesPerShare=Pool
; BNbitcoin contract address. normally you will not change this.
TokenContract=0xE7Cb24F449973D5B3520E5b93D88B405903c75Fb
; THE REMAINING SETTINGS IN THIS SECTION APPLY ONLY TO SOLO MINING:
; when your miner finds a solution, transactions will be submitted with this
; amount of gas (gwei). You can change this setting 'on the fly' (without having
; to restart the miner). All other setting changes require the miner to be restarted.
GasPrice=10
; Set to 1 to enable gas price bidding. Transactions will be submitted
; with [GasPrice] gas, unless there is someone else bidding, in which case
; the gas price will be set to the price of the competing bid + [BidTop], up
; to a maximum of [MaxGasPrice]. This feature has only been tested when running
; Geth as a local node. It is NOT supported by Infura nodes.
GasPriceBidding=0
; max gas price you're willing to bid up to
MaxGasPrice=35
; gas limit used when submitting solution
GasLimit=200000
; the # of gwei to top the highest bidder
BidTop=2
; if you have multiple mining rigs, specify a shared folder to make sure
; multiple miners don't try to submit a solution for the same challenge.
; eg. ChallengeFolder=\\DESKTOP\folder_name
ChallengeFolder=
;--------------------------------------------------------
[ThermalProtection]
; Temperature provider ('amd_adl' or 'speedfan')
TempProvider=speedfan
; Default temperature at which GPU throttling is activated. This applies to all GPUs on this mining rig.
; Note: throttling is at the hashing level, not the driver level.
ThrottleTemp=75
; Number of seconds after which the entire mining rig will shutdown if one or more GPUs
; remain at or above ThrottleTemp.
ShutDown=36000
------------------------------------------------
start-miningGPU.bat file:
------------------------------------------------
.\tokenminer.exe -G -S
pause
------------------------------------------------
start-miningCPU.bat file:
------------------------------------------------
.\tokenminer.exe -C -S
pause
Hope this helps
Tell us if you still experience problems.
No, I am not the original 0xbitcoin developer. I believe the reference person for 0xbitcoin is infernal_toast, whom I greatly respect for his work.
I only made some minor modifications and settings to the 0xbtc contract to make it compatible with the Binance Smart Chain (BEP-20) and to restore some original Nakamoto's design features. We announced it yesterday: for more details you can visit https://bnbitcoin.org.
I know that they published some works on their repos on GitHub about L2 scaling... let's see what happens...
Thank you!
I only made some minor modifications and settings to the 0xbtc contract to make it compatible with the Binance Smart Chain (BEP-20) and to restore some original Nakamoto's design features. We announced it yesterday: for more details you can visit https://bnbitcoin.org.
I know that they published some works on their repos on GitHub about L2 scaling... let's see what happens...
Thank you!
Re: [ANN] [BNBTC] BNbitcoin: PoW mined bitcoin on Binance Smart Chain
Binance smart chain already fixed the issue with high gas fee already, now you running a new project on BSC itself and claiming that you want to fix high gas fee issue? This is a complete waste of time
Now, in this moment, someone is mining at 0.25 USD per minting... Check the price on the Ethereum mainnet for the same transactions for 0xbitcoin... you will see the differences by yourself.
And, btw, there was nothing to fix on Binance Smart Chain: it works fine.
You are deceiving people. No one has mined them. All three addresses are coins that you transferred to them. . No one has dug up at all. . . You are fooling everyone. There is evidence here, for a long time, is a new project so difficult to mine? ? You also said that others are mining at high gas costs, you just want everyone’s private keys to steal coins
https://bscscan.com/token/0xe7cb24f449973d5b3520e5b93d88b405903c75fb
Hey guy, we suggest you to study before writing things you don't know or are not able to manage.
It is beautiful to increase your knowledge, and furthermore it may help you to find also new jobs: study Solidity, study our verified smart contact, study the 0xbitcoin contract audit, study EVM, study how the token mining works (check also 0xbitcoin.org which has several interesting videos about that) and avoid to use "red" to highlight your nonsensical, lying foolish sentences.
It seems that many projects still think there can be growth opportunities thanks to relying on successful coins in the market. To me, it's a redundant product in the crypto space, why don't people spend time researching new and more interesting things instead of creating copy.
Its not a problem if the copy project try to give additional value on its project, because sometimes the community of the copied project didnt want any change of its project. Example, Ethereum is a copy (fork) from Ethereum Classic, or Bitcoin Cash which try to solve some Bitcoin problem. But i agree, some project just copycat the name and value of the copied project which make the project becoming an useless one.
I agree... But things in the crypto universe change at the speed of light, and the added value of a project must be considered within its chronological context IMHO.
The added value of 0xbitcoin, at that time when it was born more than 3 years ago, was that the PoW was implemented into the EVM, making Ethereum a solid shield against 51% attacks, while keeping mining cheap due to low gas fees (for example, check this token minting transaction of 1047 days ago).
No one had the idea at that time that Ethereum gas fees would become ridiculously high as today due to the DeFi.
The smart contracts are immutable, but the context changes fastly and deeply, and IMHO 0xbitcoin, as many other promising projects, suffer from this condition.
For this reason we moved to the Binance Smart Chain, which today represents something promising.
This coin escape my radar they have a good volume and on 4 exchange, surprisingly they are launched in 2018 I like their introduction to their project
Quote
0xBTC was the first token created to fill the need for an everyday cryptocurrency that is integratable, fast, and made to last.
newbies will fall on this but with so many coins in the market which also claims to be the first, fast, and made to last, they need a lot of marketing to be competitive.IMHO marketing and technical skills should follow different paths. Unfortunately several inconsistent projects have been very pumped in terms of marketing (i.e. a lot of ICOs) and after attracting many investors drained most of their funds. For 0xbitcoin we are on the diametrically opposite approach of leveraging on the high technical skill: reading the smart contract it is clear that there is a deep study about bitcoin PoW mechanism and how to port it into the EVM. But mining is not for all, even if it is not too complex, it requires to modify settings, scripts... Then 0xbitcoin is more popular among developers and geeks, but there is a vast number of token owners that waited other miners to inject 0xbtc on the exchanges to buy it. I don't know but maybe that 0xbitcoin marketing strategy has not been backed by big funds, that often make questionable projects look like the next generation, revolutionary crypto...
I believe infernal_toast made a great job with 0xbitcoin. In fact there exist a lot of worthless projects, not only on the Ethereum mainnet, that drained a lot of time and money. But behind 0xbitcoin there is a non-common technical skill, and the will to create something that can be very different to common ERC-20 "copy-paste-and-deploy" with 20% of total supply premined in the hands of contract owner...
The problem is that Ethereum gas fees have become unsustainable, even for the simplest transactions, and actually to have cheap transactions workarounds are needed...
This is the real reason why we deployed BNbitcoin on the Binance Smart Chain: because actually you can mine a tokenized bitcoin BNBTC block with 0.25 USD...
The problem is that Ethereum gas fees have become unsustainable, even for the simplest transactions, and actually to have cheap transactions workarounds are needed...
This is the real reason why we deployed BNbitcoin on the Binance Smart Chain: because actually you can mine a tokenized bitcoin BNBTC block with 0.25 USD...