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0xBitcoin General - Weeks 45 and 46, 2018
On this day, 19th of November on the year of our Lord 2018, bitcoin dropped under five thousand United States dollars a piece. These are truly dark times that we are living in, so let us take a glance upon the recent 0xBTC developments and try to sustain ourselves on hopium until this wretched bear market comes to an end. Some general stats (and changes since last time): Mining difficulty: 796,213,990 (-2.67%) (next: ~718,929,110) (-10.14%) Estimated hashrate: 1.17 Th/s (-55.17%) Current average reward time: 47.37 minutes (+216.49%) Tokens minted: 3,349,050 0xBTC (+0.65%) Token holders: 4649 holders (+2.04%) Total contract operations: 188834 txs (+0.23%) Source: https://0x1d00ffff.github.io/0xBTC-Stats/?page=stats Tokens required to be a top holder (and changes since last time): Top 10: 36197.32435793 0xBTC (0.00%) Top 25: 22697.97400257 0xBTC (+-3.88%) Top 50: 14174 0xBTC (-1.22%) Top 100: 7352.5851492 0xBTC (+2.69%) Top 200: 3000 0xBTC (+0.2%) Top 300: 1600 0xBTC (+3.22%) Top 500: 675.17635038 0xBTC (+3.84%) Top 1000: 173.3201683 0xBTC (+1.76%) Source: https://etherscan.io/token/0xb6ed7644c69416d67b522e20bc294a9a9b405b31#balance Recent events:
The sponsored article was published on CryptoCurrencyNews last week. After the community gathered 9 ETH in donations to pay for the fee, MoonBoy3000 did most of the heavy lifting in regards to the writing, with a lot of help from Mr. F. The result of that was an eloquently written article that is sure to win some more people over to our camp. https://www.ccn.com/0xbitcoin-ethereums-answer-to-bitcoins-proof-of-work/
Userbrn submitted a listing application to Bittrex. Don't be bothering him about the progress on it though, since no decent exchange will speculate about listings. If it goes somewhere, then I'm more than sure that we'll know.
Work on the LavaWallet is currently held up by improvements that have yet to be made to Ethereum, but as soon as those get ironed out the ball will surely get rolling again. In the meantime, Infernal_toast has written this short recap of the LavaWallet: "The LavaWallet contract is a custodial token contract and it is entirely non-owned. Any user is allowed to deposit tokens inside and they will be recorded in the contracts ledger for withdraw by that user at any time. Besides just allowing users to deposit and withdraw tokens, the contract also uses ECRecover so that any tokens inside can be spent by any other pre-specified third party who can submit a signed packet of data (a Lava Packet) which had been signed by the token owner to allow this action.This means that a LavaPacket acts just like a digital check. A user creates and signs this check which specifies an amount of tokens to send to a specific party. A reward (in tokens) can be embedded as well such that anyone who pays the ether gas to submit this check back to the contract will receive. Thus, this allows users to indirectly pay for token transfers using only tokens as the fee. The third parties (relayers) will pay the ether for gas. Once a lava packet is submitted, it cannot be submitted again. One clear fault of such a system is that if anyone can be a relayer and submit a lava packet, then packets which are broadcast to everyone will be submitted by everyone in a race and only the first will be successful. The rest will just lose gas and receive no reward, making for an inefficient system. To solve this minor fault, lava packet creators must specify an address called 'relayAuthority' which is either the address of a specific account , who becomes the only valid relayers for that packet , or a specific arbitrary smart contract whose method getAuthority() is called at time of packet submission which may only return a single address at any given time. Therefore this problem is solved and at any given time, there is only a single valid relayer for any LavaPacket, as enfoced by the contract. This means there will be fewer races, fewer failed tx even with packet broadcasting ,and the power is still in the hands of the user.One such example contract for a relayAuthority has been constructed which uses Proof of Stake and cycles through valid stakers in a ~15 minute interval. LavaPacket creators may use this as a relay authority so that the packet can be submitted by any of the 15 stakers, but still at any given time only one will be a valid submitter so there are still no races, still no reason for invalid TXes."
0xbitcoin's price can be tracked on Binance. What's noteworthy is that it's the only token on the site that does not have an "issue price". While simply being able to view 0xBTC on Binance is definitely not a sign of anything larger, then it does give hope tha- BUY BUY BUY FOMO IN QUICK BEFORE IT'S LISTED https://info.binance.com/en/currencies/0xbitcoin
While this calculator can give you a rough estimate of how much profit you could generate, remember that the mining difficulty, as well as the price of bitcoin, can fluctuate quite substantially, which will affect your actual mining profitability. Therefore, profit figures from bitcoin mining profitability calculators can only be used as guidance and are not set in stone. Find out what your expected return is depending on your hash rate and electricity cost. Find out if it's profitable to mine Bitcoin, Ethereum, Litecoin, DASH or Monero. Do you think you've got what it takes to join the tough world of cryptocurrency mining? Should the price of bitcoin stay stable at its current level of $11,000 and should the bitcoin mining difficulty remain steady at 2,874,674,234,416 GH/s, according to the CoinWarz Bitcoin Mining Profitability Calculator, it would take you 372 days to break even and 879 days to mine one whole bitcoin. The annual income, using the above-mentioned assumptions of price and mining difficulty ... To conclude, a Bitcoin mining calculator can give you a much better idea about your potential to run a profitable mining operation. Remember, however, that some factors such as Bitcoin’s price and mining difficulty, change every day and can have dramatic effects on profitability, so it’s important to conduct up to date calculations when needed. Bitcoin Mining Difficulty: It refers to the mining difficulty of bitcoin which is adjusted after every 2016 blocks in order to make bitcoin block generation time 10 minutes. It usually changes only when bitcoin network total hash power increase or decrease due to joining or leaving of the bitcoin network by miners. The current bitcoin difficulty is 15.78T (at the time of writing) where it ... Calculate Bitcoin (BTC) mining profitability in realtime based on hashrate, power consumption and electricity cost. BTC exchange rates, mining pools. BTC exchange rates, mining pools. $15,361.65 $61.42 $453.17 $117.12 $5.14 $68.88 $59.91 Follow @WhatToMine dark mode Bitcoin (BTC) mining profit depending on your hash rate, power consumption and electricity cost. Bitcoin (BTC) Mining Calculator $10942.89 $48.70 $72.64 $93.73 $384.92 $58.84 $5.17 Compare the two cryptocurrencies Binance Coin (BNB) and Bitcoin (BTC). Algorithm, price, market cap, volume, supply, consensus method, links and more.
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