I know it’s weird, but -testnet reads bitcoin.conf from the datadir, NOT datadir/testnet.
Re: bitcoin fails to find/read .conf when using -datadir argument
Figures: Gavin Andresen
Gavin Andresen May 19, 2011 00:28 UTC
I know it’s weird, but -testnet reads bitcoin.conf from the datadir, NOT datadir/testnet.