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Board Announcements (Altcoins)
Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
SeedyMiner
on 20/11/2017, 04:08:49 UTC
NEW BITCOINZ GUIDING WEBSITE

http://bitcoinzguiding.ovh/

Don't hesitate to give your feedback !

Looks fine, at least on a PC. It's, maybe, a bit too gray-scale-ish

I like it -- clean and straight forward.  Easy to use, no distractions.  And seeing all the links on the right to community resources make a good impression.

I think in fairness that you should also list the pools that do not donate.  List them in a separate section lower on the page, if you wish.  They may not be donating coins, but they are making a contribution to the community simply by hosting the pool and nodes.  Also, the more pools, the stronger we look as a coin and a community.
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Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
SeedyMiner
on 19/11/2017, 03:26:20 UTC
I was on Tradesatoshi now and there are no BTCZ coins to buy.
o yeah ? but this men by and today have 13 000 000 btcz , 3 days ago he had 11 000 000 btcz , t1SMPJJUS4feg94i7NQmMQhd7xzi1KiGGnE

Look at the round numbers that are coming in and going out -- always multiples of 12,500 -- the same a s block reward.

I do not know for sure, but the simple explanation is that this is the address of a large pool and they mine many blocks per hour.  They hold blocks while they mature and then payout blocks to miners.  That accounts for the pluses and minuses happening on such a regular basis.  +87,500, -75,000, etc.  An increase in winning blocks today over when you looked 3 days ago could account for a 2 million increase. 

I doubt that the price would have slipped through the low 40s if someone was accumulating that many per day.  But if someone is accumulating millions, then they are probably doing so with the expectation that the price will appreciate and they can sell for a good profit.
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Board Announcements (Altcoins)
Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
SeedyMiner
on 18/11/2017, 19:39:14 UTC
The fair launch and community-driven aspect of this project is awesome. I wish more coins like this. And the name of it is great. Combining Bitcoin and Zcash which are 2 devoted communities in their own right. I like the setup for this coin.

I agree this coin brings back memories to how bitcoin originally was. I just hope to see this coin advertised more and traded on other platforms like Cryptopia. I can see this coin progress above $10 folks Smiley

Thanks, guys, for your support.  This is a great time to buy in or mine as prices and mining difficulty have dipped.
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Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
SeedyMiner
on 18/11/2017, 03:21:49 UTC
Yeah, more updating information about Bitcoin Z posted there
https://www.mksystems.co/bitcoinz-community-statement/

Take a glance at this one, then you will have a general, comprehensive understanding about the project and its community.

Community statement looks good!
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Board Announcements (Altcoins)
Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
SeedyMiner
on 18/11/2017, 00:48:02 UTC
Do you guys use laptop for mining? Bitcoin mining here in Philippines is not advisable due to high cost of electricity and its a tropical country so heat is the primary down side. How about mining altcoins and this BitcoinZ? I'm planning to buy a new branded laptop soon with GPU NVDIA GTX 1050, I prefer an Asus model.
I live in Russia, it's cold here and electricity is very cheap. Come to Russia for mining. But only if you like vodka and you are not afraid of bears  Wink

Sounds good to me!
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Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
SeedyMiner
on 16/11/2017, 20:10:39 UTC
Let me compliment the BTCZ community for handling Anthony’s hissy fit so well and carrying on in such a professional manner.  Great to see people and pools stepping up with donations and support.  And a big thank you to bitcoinz_pod for telling it like it is and reminding us of this coin's "core principles and immutability."

Adversity make some stronger while causing others to crack under the strain.  In my book, BTCZ has passed the test.  I’m still mining and hodling, looking for great things from this coin down the road.

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Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
SeedyMiner
on 12/11/2017, 18:01:07 UTC

The card has been on the minining for more than 12 hours, 3000 balls and coins are still missing. How long is the block extracted, tell me who knows? Maine on the pool http://owlminingclub.com.

This pool has very low hashrate, so it finds blocks rarely. => you can wait up to several days untill you earn your coins. But don't worry, in the end you should get approximately the same amount as if you'd mine on a big pool.


Tell me please a good pool, where the blocks are quickly extracted.

Suprnova


Thanks, but I'm there baht file can not configure.

Then try https://pool.miningspeed.com/  I have been mining on it for more than a month; very nice statistics, graphics and front end.  We usually find at least 4 blocks per hour and sometimes as many as 9 or even 11.  But with so many miners, they payouts are lower.  So you trade large occasional payouts for frequent smaller ones.  At the end of a week, it should be equal earnings regardless of pool, except for some good or bad luck.

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Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
SeedyMiner
on 11/11/2017, 13:48:39 UTC


The community really needs a website which shows step by step how to purchase BitcoinZ. For example www.buybtcz.com howtobuybitcoinz.com or findbitcoinz.com
Then step by step on the process of how to purchase BitcoinZ.

It is possible to make a shapeshift type api with c-cex.com api to instantly convert bitcoin to bitcoinz.

If anyone has the ability even if they want a bounty. Let the community know.

-hellomoto
Why does the community need a website which shows step by step how to purchase BitcoinZ Huh Read the manual at the exchange website, everyone will know how to buy or sell coin. No need to do this, it is redundant.


you think like one who use crypto,now try to think like you saw crypto 1st time Wink everything is good that made for people to understand ,and shows how.


I agree!  For the total newb who has never bought any crypto currency, a site that gives step-by-step instructions and PDF of how to 1) create a wallet, 2) set up an account on an exchange, 3) send funds to the exchange,and  4) buy BitcoinZ would be very useful.  Then produce a video that shows someone doing the same thing.  I used a similar "How to" article and video when I was setting up my first mining rig.

Then next you can have "How to invest" in BitcoinZ which could cover dollar cost averaging, encouraging people to make small purchases every time they get their paycheck and discussing hodl strategies, and basics like buy on the dips and sell a portion of your holdings on the peaks.  Other topics could be added down the road.

These "how to" documents would not only be useful to newbs but could help BitcoinZ rise to prominence on Google searches and could give community member something to post on FB and Twitter, so it could aid our marketing efforts.  I am better at words than code, so if a small team wants to work on this, I will volunteer.
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Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
SeedyMiner
on 09/11/2017, 02:44:18 UTC
Well I have be posting about this nicehash problem for sometime now,these miners have no incentive to hold since fees need paid so they dump eating up buy orders for whatever price they can get,this is reason price crashes and difficulty increases but seems only us loyal miners can see this,I regularly see pool xyz advertising his nicehash port and I used to mine there till he started looking for nicehash miners,greed is a terrible thing and destroys great projects,we are not alone in this problem there are many other coins been damaged by this behaviour and left with sky high difficulty and low price after they dump

I completely get and respect what you are saying about Nicehash miners disrupting the BitcoinZ environment.  But I think we are stuck with them.

The community is working hard to promote the coin and attract attention.  Some of that attention is going to be from people who want to make a quick buck. In my opinion, that is OK because it gets the BitcoinZ name out there.  Everyone who makes a few dollars will remember BitcoinZ, will monitor its performance, and will probably help drive the price upwards again in the future.

Nicehash miners will come and go as the price rises and falls.  Those of us with a hodl strategy simply must hope that the long term price trend is positive and that those who sold during the recent price spike wish they had held onto their coins instead of selling for a quick profit.


Hi, Newb to mining, can someone explain how Nicehash is disrupting BTCZ?  Thanks!

The biggest problem from a miner’s perspective is that NiceHash miners come in and apply huge amounts of hashing power to a coin that has a relatively small amount of hashing power in its network.  This not only drives up difficulty, but it distorts results for everyone else.  Here is an example of someone adding more than 10 MSol/s of hashing power on Miningspeed’s pool for 30 minutes earlier this evening.  Note that he more than doubled the hashing power of the entire network.

https://imgur.com/a/x5dql
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Board Announcements (Altcoins)
Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
SeedyMiner
on 08/11/2017, 22:03:23 UTC
Well I have be posting about this nicehash problem for sometime now,these miners have no incentive to hold since fees need paid so they dump eating up buy orders for whatever price they can get,this is reason price crashes and difficulty increases but seems only us loyal miners can see this,I regularly see pool xyz advertising his nicehash port and I used to mine there till he started looking for nicehash miners,greed is a terrible thing and destroys great projects,we are not alone in this problem there are many other coins been damaged by this behaviour and left with sky high difficulty and low price after they dump

I completely get and respect what you are saying about Nicehash miners disrupting the BitcoinZ environment.  But I think we are stuck with them.

The community is working hard to promote the coin and attract attention.  Some of that attention is going to be from people who want to make a quick buck. In my opinion, that is OK because it gets the BitcoinZ name out there.  Everyone who makes a few dollars will remember BitcoinZ, will monitor its performance, and will probably help drive the price upwards again in the future.

Nicehash miners will come and go as the price rises and falls.  Those of us with a hodl strategy simply must hope that the long term price trend is positive and that those who sold during the recent price spike wish they had held onto their coins instead of selling for a quick profit.
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Board Announcements (Altcoins)
Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
SeedyMiner
on 08/11/2017, 21:22:54 UTC
The order book on both exchanges look rather bad.
I don't think it was a good idea to add BTCZ that soon to Whattomine. Now that the price went down a lot of small miners went away but there are still some big players.
Personally I find this rather interesting when i.e. compared to the HUSH network hash rate.

I am fine with fewer miners and lower difficulty for a while.  It's an opportunity to mine some more before the price rises again and they rush back in.
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Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
SeedyMiner
on 08/11/2017, 04:23:31 UTC
I have been mining BitcoinZ on the Miningspeed pool for four weeks now and reading this ANN since it was only on page 33.  Given that perspective, I cannot help but say that the influx of new people who jump to conclusions about BitcoinZ, who ask questions already answered in the first page of this ANN and in the whitepaper, and those who attack community members with unsubstantiated claims are really not adding to the conversation.  Do some research, people, and you will not only look less ignorant but you might gains some insight into what makes BitcoinZ different from other coins.

While I am on a rant, let me add that smaller mining pool operators who attack larger pools really don’t get the idea of community and I frankly find the bashing of other pools to be in bad taste.  While I don’t personally mine BitcoinZ on Suprnova, I have no doubt that BitcoinZ would not be where it is today if a topflight leading pool like Suprnova had not supported it with a pool from early in the coin’s history.  Suprnova adds credibility and gives the many miners who already have an account there a quick and easy path to mining a coin that almost no one had heard of just a month or so ago.  They are large because they are good and have a track record. 

Disagreement and robust discussion can be healthy and a diversity of opinions can be a good thing, but people who pop off without thinking or throw around unjustified accusations are undermining the community and that hurts this coin’s prospects.   If we want BitcoinZ to succeed long term, I advise patience, reading past posts, not posting when pissed, and recognizing that things often look different form the other guy’s perspective. 

We are all here in the hopes that we can make some money, but we don’t have to make it at the expense of the other guy.  There is no reason this coin cannot be a win-win for everyone involved.
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Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
SeedyMiner
on 29/10/2017, 03:45:21 UTC
Hi guys, I've been mining for about a week on pool.miningspeed and am getting about half of what whattomine shows I should be getting.  I know whattomine isn't super accurate, but is half normal, or is another pool better? 

I have also been mining on miningspeed's pool for several weeks and as far as I can tell, everything is fine there.  The problem is not the pool, but the wild fluctuations in difficulty we have seen this past week.  In the past three days, I have seen difficulty from 46K to 180K to times when it is over 300K. As difficulty increases, it does so for all pools, regardless of where the new miners apply their hashing power.

Earlier this evening,  someone -- probably using Nicehash -- was pumping 552 KSol/s of mining power into the pool. To put this in perspective, the hashing power of the entire network at the time was 12,000 KSol/s.  When this kind of hashing power comes and goes, it can send difficulty all over the board, making it hard to calculate what your returns should be. 

The good news is that this attention means that people are talking about BitcoinZ, which is what we -- the community -- all want. The same attention that attracts Nicehash mining contracts will help boost the chance of this still-quite-new coin getting on more exchanges and gaining even more liquidity.  This will attract traders as well as miners.  That in turn will likely increase the value of each coin, which is what everyone who mines and holds this coin is hoping for. 

And speaking of value, I have noticed that as the difficulty mining BitcoinZ increases and the number of coins I mine decreases, the loss of coins is offset by an increase in the coin’s value.  So you may be mining less, but your daily profit in in fiat currency may well remain the same or close to it.

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Re: [ANN][BTCZ] BitcoinZ
by
SeedyMiner
on 20/10/2017, 03:43:34 UTC
Never seen that interface before. Where did you find that person - how did you locate that address?
Thanks

EDIT: and why would someone buy hashing power instead of just spending the same amount buying a coin on an exchange?

I mine on Mingspeed pool and when my payouts dropped today I checked their pool stats here https://pool.miningspeed.com/workers.  The top miner had far and away more hashing power than anyone else.  I clicked on their address and that is where the image came from.

To give them an unsolicited plug, their stats pages are quite nice and I am pleased with the pool.  It is a nice middle ground -- small enough that you are not lost yet big enough that they find a block several times an hour.

As to why mine vs buy, I can only speculate that they think they can mine it more cost effectively (cheaply?) than they can buy it.  Or maybe they worried that they could not buy that much without driving up the price.
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Re: [ANN][BTCZ] BitcoinZ
by
SeedyMiner
on 20/10/2017, 02:14:17 UTC
difficulty up 250%    was just 72K yesterday. Sad

Anyone know why? Some prospectors grabbing a bunch of coins in case this goes big in future, getting in while there's still a large number of coins at low difficulty thanks to still relatively small number of miners?

Someone probably bought a chunk of NiceHash hashing power and pointed it this way.  So the jump in difficulty should be temporary, or at least intermittent.  This is probably not a terrible thing as it means someone thinks BitcoinZ is worth investing in. 

Maybe this is the culprit? https://imgur.com/a/i2yVt Look how much he mined today and how many are still being verified!