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/biz/ - Business & Finance

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9144863 No.9144863 [Reply] [Original]

Why aren’t more people mining?
With 6x1070Ti’s I can currently take in $125~ per day mining 0xBTC. I don’t want more people to know about this, I like the difficulty now. Maybe that’s why this coin is under the radar now, that and it is fairly new. I hope this coin goes big, does anyone have any predictions on the price? I know it has a 21,000,000 supply so $50 would even be possible in a year or two, I guess no one truly knows, but what does everyone predict the price to be? Thanks and have a good day to all!

>> No.9144932

DELID DIS

>> No.9144943

>>9144932
sharing is caring

>> No.9144947

this is fucking retarded. It is just an erc-20 token. same as any other. Quit starting a new shill thread every time your last one gets shit on. "mining" in OxBTC serves no purpose other than distributing coins.

that block rewards are a good way to evenly distribute coins (debatable in the first place - see Jihan Wu) is secondary to why these block rewards exist in the first place. Block rewards and coin mining exist as an economic incentive to entice people to devote computing power to securing the network and performing consensus/processing blocks. This is the whole point of PoW and the reason it provides value to its respective network is because it provides Sybil defense which ensures the network is uncensorable (and thus valuable).

With 0xBitcoin there is no need for this economic incentive because there is no network to secure. It is simply running on ethereum which is secured by Eth miners. With PoW coins like BTC more hashpower brings more value to the network (increasing the coin price) because the network becomes more secure. With 0x more hashpower does nothing for the coin itself since the mining does nothing but distribute the coin. There is no reason 0x requires mining; it could exist entirely as is (as an erc20 token) without this mechanism.

airdropping 0xBitcoin to everyone with a Binance account would serve the same purpose as mining and actually distribute it more evenly.

0x is basically one of those shitty meme erc-20 tokens like jesuscoin or 4chan coin. They aren't utility coins. They don't do anything. Ether is the currency of the Ethereum Network it always will be, especially because it actually has utility - as gas on the network. If ether didnt do anything it wouldnt be worth shit

>> No.9144960

i LOVE hiding these pajeet oxbtc threads

>> No.9144978

you will see me posting it and educating people about what trash 0x is in every single thread you make.

I will make your posts counterproductive. Instead of dumping your bags on biztards you will just be stuck holding them as they get heavier and heavier. You will continue wasting electricity on this garbage as it tanks to zero.

This shit has nothing to do with bitcoin. you just named a useless ERC20 "bitcoin"

OP, You "don't want more people to know about this" - but you make a fucking shill thread about it?

Kill yourself faggot

>> No.9144998

Hes completely correct about mining it, the price is way too high for the mining difficulty.

If you have a mining rig and you arent mining and immediately dumping this you are dumb

>> No.9145001

Are you aware that your awful attempt to shill this shitcoin is actively driving away anybody who might otherwise ‘invest’ in this scam?

Literally the most obvious shill I’ve ever seen on /biz/ and that’s saying a lot.

>> No.9145069

>>9144863
hidden and ignored

the more you shill this coin the more I ignore it and not give a shit about the "money I didnt gain". Already in enough investments that you are just coming off as an annoying shill and now you're tainted the coin name with you and your cronies not shutting the fuck up about it. good job you failed at your job doing this. 0xbtc not even once and the "gains" lost dont matter.
keep holding your semi trailer full of heavy ass bags

>> No.9145121

>>9144947
Wall of bs
This is Satoshi's vision of Bitcoin

>> No.9145157

>>9145069
Im starting to think that this is why they are doing it so they can just mine it on their own, the supershilling started once the mining difficulty went up so they probably got mad lol

>> No.9145224

>>9144947
>It is just an erc-20 token. same as any other

It’s literally the first mineable token, brainlet.

>> No.9145237

For fuck sake stop the shilling trying to load up here.

>> No.9145541

why is 0xbtc not on myetherwallet list of custom coins ?

>> No.9145609
File: 40 KB, 645x729, 1513402768162.png [View same] [iqdb] [saucenao] [google]
9145609

>>9145121
>sadoshees vishun

>> No.9145643

>>9145224

noone is buying you mining faggots bags. This isn't real mining - it is a useless fucking minigame used to pass out tokens.

>> No.9145751
File: 5 KB, 632x100, Untitled-124.png [View same] [iqdb] [saucenao] [google]
9145751

>>9145121

BLOCKSTREAM FAGGOT DETECTED

0XBTC "SUPPORTERS" ARE THE SAME PEOPLE AS THOSE WHO WRITE "BCASH IS TRASH!" etc... Fuck off and kys by drinking hydrofluoric acid.

>> No.9145766
File: 5 KB, 838x105, Untitled-2.png [View same] [iqdb] [saucenao] [google]
9145766

>>9145121

please kys

>> No.9145796
File: 25 KB, 561x374, 0xbch logo.jpg [View same] [iqdb] [saucenao] [google]
9145796

>>9144863
But 0xBCH is the real 0xBitcoin.

>> No.9145836

>>9144947
100% correct. Notice the paid shills have nothing logical to say.

>> No.9145864

>>9145541
Because its super new

>> No.9145890

>>9145224
considering it comes from a 2016 solidity example off the official ethereum website, pretty sure pow tokens on ethereum have been done for a long, long time
even the pyramidfags were honest enough to admit their contract was 90% derived from that one PhD's ponzi example
why do you feel this need to pretend your shitcoin is uniquely innovative? is it because you're aware there's nothing to it beyond that pretense?

>> No.9145906

>>9145796

You're paid and hired by the exact same (((ENEMY))) who first hired people to attack BTC before Blockstream took it over, and then hired people to defend BTC after Blockstream had secured their control and sealed the fate of BTC, and then hired people to attack BCH after it was created to spread confusion and distrust about it to make people not switch to it, and then hired people to promote "Bitcoin Private" to try to direct people's attention to that away from BCH.

Your "0xBTC" crap is your just the latest version of the above tactic. All those social engineering attempts are utterly pathetic.

Tell your superiors that they will never be able to stop this. No matter how much they try, BCH (and XMR) WILL become more and more popular, more people ARE going use it, and it WILL lead to a shift in power and control, to the people, away from your kind.

>> No.9146244

>>9144863
Do you have any idea why miner says I'm pulling 24MH? It's a 1060. Starts at like 514, goes to 24?

>> No.9146256

>>9146244
There are a couple different miners on their site.

>> No.9146258

>>9146244
There are people that will help you in the discord, you can find the discord on 0xbitcoin.org

>> No.9146410

>>9146258
Thanks

>> No.9147051
File: 120 KB, 931x450, 0xBCC.png [View same] [iqdb] [saucenao] [google]
9147051

>> No.9147247

>>9145224
except it literally isn't you faggot

>> No.9147258

Why so much hate for 0xbtc?

>> No.9147277

>>9147258
the only thing it is good for is to get in early and then dump on any idiot gullible enough to invest in this shitcoin

>> No.9147315

90% of the shitcoins are pointless, just surprised a coin that is even fake minable would get so much hate.

>> No.9147320

Not working I can confirm its doa

>> No.9147340

>>9147315
it's getting hate because pajeet shillers keep spamming these threads and pretending it's amazing

>> No.9147352

biz would be better off getting on board rather than fudding this one. Sub 2m market cap with the potential to become an accepted, tokenised BTC.

>> No.9147384

>>9144863
Don't you feel ashamed enough to have shit brown skin? Now you make the choice to also have shit for brains and no morals? How many poopies do they pay you for your shills? A literal turd is more valuable to the world than you.

>> No.9147467

>>9147315
So if that’s yours opinion, and you think that’s true then why don’t you do it? Other people, me included, may have other opinions and behave accordingly. This is what a free market is

>> No.9147484

>>9147352
Right. I don’t get why this board spazzes away real opportunities until it’s too late to make anything more than 2x from them

>> No.9147694

>>9144947

Thanks for your service sir. Mods need to start banning this garbage.

>> No.9147937

Miners who can spot a good opportunity will know what to do. Please stop shilling to Kids who want an easy x2, this is way beyond that

>> No.9147956

So the rumors that will be added on tradesatoshi are true?

>> No.9148003

Give it to me straight my curry eating prince. It's already 10x in a week. What could I possibly gain buying today? Should I wait? How much should I buy? How long should I hold?

>> No.9148126

>>9148003
Dont buy now, buy After it gets on more exchanges :o)

>> No.9148333

>>9148126
Good idea, it will have more authority and will be more stable.

>> No.9148546

I just tried mining it with a mine pool
it's my first time even mining
I have a laptop
shit started whirring I got scared and closed it
is this normal? how do you prevent overheating?

>> No.9148605
File: 379 KB, 618x618, satoshi-vision-0xbtc.png [View same] [iqdb] [saucenao] [google]
9148605

>> No.9148638

>>9148546
LOL
>we are the early investors

>> No.9148667
File: 23 KB, 500x372, 150b7f126bfbc11e6641337a774e167d--comedians-laughing.jpg [View same] [iqdb] [saucenao] [google]
9148667

>>9148546

>> No.9148676

>>9144863
>Why aren’t more people mining?
>I don’t want more people to know about this, I like the difficulty now.

Could you be any more obvious in your shilling. kys nigger.

>> No.9148720

>>9148638
>>9148667
dude pls everyone was a newb at one point. i've been googling stuff since 4pm (it's 10pm now)

>> No.9148761

if you actually were mining 150 a day, you wouldn't be here stinking this place up with dirty curry desperately trying to find people to buy a useless coin only good for mining.

>> No.9148907

>>9148720
don't mine this on a laptop unless its a gaming one, mine nimiq or something.
google "proof of work" to understand why your laptop started whirring.

>> No.9149331

>>9148907
Thanks fren,
I have a gaming laptop but it's about 5 years old and my only one, I can''t afford to replace it if I do something wrong.
it's card is a GeForce 765M
http://gpuboss.com/graphics-card/GeForce-GTX-765M
I'm still pretty confused about what my hashrate would be, but I find that the 1070ti has "32mH/s" and I am 71% of that so it must be pretty good. I see that mining rigs only have around 4 to 8 GPU's all together, so I must be able to mine a little bit in the pool. Most of the time the computer is idle anyway.
I guess I'm wondering if it's worth it or possible to mine on this laptop?

>> No.9149378

>>9149331
Those graphics cards in mining rigs get 400+ mH/s, it would feel like forever before you manage to get a payout so i probably wouldnt recommend it

>> No.9149581

>>9149378
thanks again,
Someone on the 0xBTC put up this helpful sheet,
https://docs.google.com/spreadsheets/d/1lpQufwMHeozyz2X5Xq9MhjLr_hVTkQfzpzXcdFQDRGg/edit#gid=826714715
my graphics card wasn't on there xD but looking it up, it's worse than the worst one listed (RX 550)
i'm confused though because it says it's 85 MH/s; but even the 1070 is listed as only 32MH/s on other sites. Why is it so much more on this spreadsheet?