[ANN] (BID) Bidcoin - layer 1 blockchain with Auchash (CPU/AUC)

Topic ID
5591434
Thread author
Bid-coin
Thread added to tracking
2026-08-17 00:10 UTC
Last scan
2026-08-21 00:13 UTC
Generated
2026-08-21T00:13:09Z
Original thread on bitcointalk.org ↗

About the coin (primary summary)

  • What the coin is: Bidcoin, ticker BID
  • Mining algorithm: Auchash
  • CPU‑only or not: aimed at CPU mining, claimed as ASIC‑resistant (essentially CPU‑only)
  • Brief description: Bidcoin is a Proof‑of‑Work cryptocurrency using the new Auchash algorithm, which combines various types of CPU loads and dynamically generated computational paths to make the creation of specialized ASIC hardware more difficult. The project claims that any user with a regular processor can monetize their computing resources without needing to purchase specialized equipment.
  • Where to mine/pool: not specified
  • Wallet/links: not specified
  • Community reaction: no replies yet, no reaction

Update history (deltas)

2026-08-21 00:13 UTC — 4 new messages

  • Main topic of the new posts: release of the official CPU miner for the Auchash algorithm and related instructions for wallet setup and network connection.
  • Key news/updates:
  • Bidcoin‑miner v0.1.0 released (available for Linux and Windows) with a GitHub repository and ready binaries.
  • Provided example configuration file mine.bat/command line for launching the miner (specifying pool, wallet, number of threads).
  • Published list of nodes (addnode) for creating bidcoin.conf to resolve connection issues to nodes.
  • Mentioned an open community Discord server and work on a private DEX exchange.
  • Issues/complaints:
  • Wallet may “hang” when connecting to nodes; recommended to add nodes to bidcoin.conf and restart the wallet.
  • User rajashek41 reports that the wallet starts a full resynchronisation each time it is opened, leading to wasted time.
  • Overall tone: predominantly positive due to the miner release and active infrastructure work, but there are notable negative points related to wallet instability and network connectivity.