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Title: CPU Mining - Who will emerge Dominant? Post by: worldinacoin on October 02, 2011, 01:04:47 AM Have seen Solidcoin originally coming out with the idea, Tenebrix did a launch and there is now a Fairbrix. GPU mining wise, I doubt anyone can dethrone Bitcoin easily but for CPU, it is quite an open field. Anyone? Frankly I am still waiting for Solidcoin as I enjoyed mining Solidcoin quite a lot before it stopped.
Title: Re: CPU Mining - Who will emerge Dominant? Post by: Bobnova on October 02, 2011, 01:09:29 AM Probably tenebrix.
Title: Re: CPU Mining - Who will emerge Dominant? Post by: worldinacoin on October 02, 2011, 01:13:00 AM I think so, look at what he has done with Geistgeld coins, impressive. Once launched, you see exchange, pool etc all coming out. I expect the same for Tenebrix. But Solidcoin has all these ready, I feel that there will be a good fight between the two.
Title: Re: CPU Mining - Who will emerge Dominant? Post by: Lolcust on October 02, 2011, 07:21:05 AM BTW, has anyone seen solidcoin public beta ?
Title: Re: CPU Mining - Who will emerge Dominant? Post by: johnj on October 02, 2011, 07:32:58 AM Tenebrix. On management alone.
Title: Re: CPU Mining - Who will emerge Dominant? Post by: worldinacoin on October 02, 2011, 07:54:31 AM Nope, I was hoping to be the beta tester, but still no news yet.
BTW, has anyone seen solidcoin public beta ? Title: Re: CPU Mining - Who will emerge Dominant? Post by: MaGNeT on October 02, 2011, 10:18:48 AM Title: Re: CPU Mining - Who will emerge Dominant? Post by: worldinacoin on October 02, 2011, 10:45:29 AM The management and coordination for Geistgeld and Tenebrix is excellent.
Tenebrix. On management alone. Title: Re: CPU Mining - Who will emerge Dominant? Post by: MaGNeT on October 02, 2011, 11:54:04 AM The management and coordination for Geistgeld and Tenebrix is excellent. Tenebrix. On management alone. And he doesn't feed trolls, he's more like a "teflon guy", trolls don't stick on him... Title: Re: CPU Mining - Who will emerge Dominant? Post by: Bitcoin Oz on October 02, 2011, 01:45:42 PM Considering SC hasnt come out yet its too early to tell.
Title: Re: CPU Mining - Who will emerge Dominant? Post by: worldinacoin on October 02, 2011, 01:47:45 PM Yeap Solidcoin was the earliest with the idea, hopefully theirs won't be so difficult.
Title: Re: CPU Mining - Who will emerge Dominant? Post by: dust on October 02, 2011, 02:48:26 PM While I much prefer Lolcust's leadership to CoinHunter's, TBX was rather misleading as the announcement contained no mention of the 7.7M pre-mine.
Title: Re: CPU Mining - Who will emerge Dominant? Post by: Lolcust on October 02, 2011, 03:26:36 PM For the love of whichever deity you worship (and the love of science if you are atheist), I have never claimed a position of "leadership" (whatever that means in the context of open-source, community driven project ::)). At most, I am just a guy with a bunch of ideas and a vested :) interest :) in Tenebrix's survival.
Title: Re: CPU Mining - Who will emerge Dominant? Post by: CoinHunter on October 03, 2011, 02:35:45 AM It's fairly obvious all these other chains are dead ends (including BTC in my mind), no real solutions, minor additions, no business support and copycat (poorly too) behaviour. The lolcust chains are premined to hell, anyone supporting them is essentially supporting lolcust's and artforz project to be rich (which is the entire aim of those chains). All chains besides SC2.0 are vulnerable to double spend attacks, you could wake up tomorrow and have nothing. If you want to see the future and what real development looks like :-
http://solidcointalk.org/topic/246-solidcoin-v20-update-3 (http://solidcointalk.org/topic/246-solidcoin-v20-update-3) She's almost ready. :) http://img193.imageshack.us/img193/6056/image9yz.png http://dl.dropbox.com/u/38674765/sc20_1.png http://dl.dropbox.com/u/38674765/sc20_2.png http://dl.dropbox.com/u/38674765/sc20_3.png Title: Re: CPU Mining - Who will emerge Dominant? Post by: worldinacoin on October 03, 2011, 02:49:37 AM Reserving whatever hashes I have to mine a SOLID coin. :)
Title: Re: CPU Mining - Who will emerge Dominant? Post by: Bobnova on October 03, 2011, 02:56:27 AM Aww it's so cute and cartoony!
So tell us about the coins that you get in your wallet when we find a block again? Title: Re: CPU Mining - Who will emerge Dominant? Post by: CoinHunter on October 03, 2011, 03:08:11 AM Aww it's so cute and cartoony! So tell us about the coins that you get in your wallet when we find a block again? It's at the link provided. It's not "my wallet" either, it's the coins, and that is how I see it. Eventually I won't be the one in control of it, a not for profit organization is going to be created to handle it and other affairs. Just for now I seem the best to handle it given my handling of the other bounties and track record. My own philosophies are such that anyone who scams others (which in relevance to this fund would mean me gaining personally from it) should be dealt with harshly. And my own thoughts on what is appropriate response to theft or deception goes beyond what most law defines as justice. But I understand that some people will still believe it's some massive scam (like they have since day one) . What I don't understand is how people like lolcust can intentionally hide the fact they premine coins, and their working relationships with hackers and people who have 51% attacked chains and people still hold them in high regard. Title: Re: CPU Mining - Who will emerge Dominant? Post by: grod on October 03, 2011, 03:41:48 AM What I don't understand is how people like lolcust can intentionally hide the fact they premine coins, and their working relationships with hackers and people who have 51% attacked chains and people still hold them in high regard. I was a bit intrigued by lc's indepth knowledge of current botnet pricing per hour, faircoin's 51% attack by a botnet, and him downplaying the dangers of downloading and running mining binaries off the net... Just coincidences I guess. Not sure what's more LOLworthy. Premining 6 years worth of entire network output, or people considering thinking about contemplating the long term support of such a chain. I may not be a fan of CoinHunter, but at this point SC 2.0 seems like the best contender for a viable alt chain. Title: Re: CPU Mining - Who will emerge Dominant? Post by: CoinHunter on October 03, 2011, 05:45:03 AM No matter what you say SC will always NOT be the first and will simply be an iteration of Tenebrix. GPU hostility or better known as parallel computing hostility was tried and failed awhile back by cryptographers trying to come up with a hashing solution that couldn't be cracked by the likes of GPU's and FPGA's. Same principle applies here. Works for me and rather than get greedy, I'll simply drop a single 5770 on it and rack up hella lot of coin. A single 5770 will compute like 30 Core i7-2600's ;D Yes they were first to implement it, a shoddy product barely anyone uses. That's the difference between me and everyone else, I've worked on successful products before, I know how to make things easy for users. Your ignorance about GPUs/CPU design makes me laugh, probably even makes your role model artforz laugh. You're just going to create a new identity once you've thrashed this one aren't you? Title: Re: CPU Mining - Who will emerge Dominant? Post by: CoinHunter on October 03, 2011, 05:53:38 AM We'll see or since you now obviously have a testnet, lets find out who's talking shit. Yes we will all see. Just like you destroyed the 1.10 testnet that didn't exist. Just like taking solidcoin off google rankings. LMAO, deliver something kid. 2.0 is waiting for you. Title: Re: CPU Mining - Who will emerge Dominant? Post by: Bitcoin Oz on October 03, 2011, 06:04:23 AM We'll see or since you now obviously have a testnet, lets find out who's talking shit. Yes we will all see. Just like you destroyed the 1.10 testnet that didn't exist. Just like taking solidcoin off google rankings. LMAO, deliver something kid. 2.0 is waiting for you. Put it on the table, let get with it. Waiting on you. LOL Chargin' ma NVS 295 LOL ;D Things that make you shutter. Title: Re: CPU Mining - Who will emerge Dominant? Post by: bulanula on October 03, 2011, 08:42:08 AM It's fairly obvious all these other chains are dead ends (including BTC in my mind), no real solutions, minor additions, no business support and copycat (poorly too) behaviour. The lolcust chains are premined to hell, anyone supporting them is essentially supporting lolcust's and artforz project to be rich (which is the entire aim of those chains). All chains besides SC2.0 are vulnerable to double spend attacks, you could wake up tomorrow and have nothing. If you want to see the future and what real development looks like Indeed, talk about 7.7 million premined coins taking the rest of us 3 years to get to the same level LOL what a joke. Waiting to dump all my TBX for Solidcoins 2 when it comes out. Too bad Tenecrap is the only CPU miner working now and Failbrix got attacked by lolcusts/artforz so that tenecrap stays on top. Title: Re: CPU Mining - Who will emerge Dominant? Post by: Lolcust on October 03, 2011, 08:47:04 AM Indeed, talk about 7.7 million premined coins taking the rest of us 3 years to get to the same level Talk about a tax "phun-d" that will never, ever shrink in its relative market power and unaudited reimbursement, lol what a joke Too bad Tenecrap is the only CPU miner working now and Failbrix got attacked by lolcusts/artforz so that tenecrap stays on top. Now given that I have in fact assisted with creation of FBX, that's one hell of a claim, boyo. Care to back it up with anything ? Or would you rather proceed spamming outright libel ? Title: Re: CPU Mining - Who will emerge Dominant? Post by: CoinHunter on October 03, 2011, 08:51:13 AM Indeed, talk about 7.7 million premined coins taking the rest of us 3 years to get to the same level LOL what a joke. Waiting to dump all my TBX for Solidcoins 2 when it comes out. Too bad Tenecrap is the only CPU miner working now and Failbrix got attacked by lolcusts/artforz so that tenecrap stays on top. Yep, lolcust tried to hide the fact yet again that there were 8 million premined coins. Trying to pull that sort of deception twice is rather ludicrous and is why the price is crashing on the exchange even though artforz is blowing 200BTC trying to keep it steady. These amateurs don't understand what it takes to release something successful. Title: Re: CPU Mining - Who will emerge Dominant? Post by: Lolcust on October 03, 2011, 09:07:08 AM These amateurs don't understand what it takes to release something successful. Not stealing other people's electricity and hardware ? ::) Title: Re: CPU Mining - Who will emerge Dominant? Post by: phelix on October 03, 2011, 09:54:50 AM Yeap Solidcoin was the earliest with the idea, hopefully theirs won't be so difficult. No matter what you say SC will always NOT be the first and will simply be an iteration of Tenebrix.GPU hostility or better known as parallel computing hostility was tried and failed awhile back by cryptographers trying to come up with a hashing solution that couldn't be cracked by the likes of GPU's and FPGA's. Same principle applies here. Works for me and rather than get greedy, I'll simply drop a single 5770 on it and rack up hella lot of coin. A single 5770 will compute like 30 Core i7-2600's ;D care to elaborate? lolcust, artforz, your thoughts about this claim? Title: Re: CPU Mining - Who will emerge Dominant? Post by: bulanula on October 03, 2011, 10:00:31 AM Yeap Solidcoin was the earliest with the idea, hopefully theirs won't be so difficult. No matter what you say SC will always NOT be the first and will simply be an iteration of Tenebrix.GPU hostility or better known as parallel computing hostility was tried and failed awhile back by cryptographers trying to come up with a hashing solution that couldn't be cracked by the likes of GPU's and FPGA's. Same principle applies here. Works for me and rather than get greedy, I'll simply drop a single 5770 on it and rack up hella lot of coin. A single 5770 will compute like 30 Core i7-2600's ;D care to elaborate? lolcust, artforz, your thoughts about this claim? I too am very interested in this claim. Mr. Maddox Express is claiming that the IE9 hardware accelerator will make GPU mining possible on the likes of Fairbrix, Tenebrix and Solidcoin 2 !? Is this true !? Title: Re: CPU Mining - Who will emerge Dominant? Post by: ArtForz on October 03, 2011, 10:01:11 AM Yeap Solidcoin was the earliest with the idea, hopefully theirs won't be so difficult. No matter what you say SC will always NOT be the first and will simply be an iteration of Tenebrix.GPU hostility or better known as parallel computing hostility was tried and failed awhile back by cryptographers trying to come up with a hashing solution that couldn't be cracked by the likes of GPU's and FPGA's. Same principle applies here. Works for me and rather than get greedy, I'll simply drop a single 5770 on it and rack up hella lot of coin. A single 5770 will compute like 30 Core i7-2600's ;D care to elaborate? lolcust, artforz, your thoughts about this claim? Title: Re: CPU Mining - Who will emerge Dominant? Post by: bulanula on October 03, 2011, 10:09:13 AM Yeap Solidcoin was the earliest with the idea, hopefully theirs won't be so difficult. No matter what you say SC will always NOT be the first and will simply be an iteration of Tenebrix.GPU hostility or better known as parallel computing hostility was tried and failed awhile back by cryptographers trying to come up with a hashing solution that couldn't be cracked by the likes of GPU's and FPGA's. Same principle applies here. Works for me and rather than get greedy, I'll simply drop a single 5770 on it and rack up hella lot of coin. A single 5770 will compute like 30 Core i7-2600's ;D care to elaborate? lolcust, artforz, your thoughts about this claim? Hey, maybe HE makes the news in the cryptographic community ;D AND he just did not get to writing the article yet LOL Title: Re: CPU Mining - Who will emerge Dominant? Post by: worldinacoin on October 03, 2011, 03:23:14 PM If the hardware accelerator case is true, then there won't be much difference between CPU and GPU mining and we will be back to square 1.
Title: Re: CPU Mining - Who will emerge Dominant? Post by: sd on October 03, 2011, 05:36:44 PM CPU Mining - Who will emerge Dominant? Botnets, obviously. As soon as any of these networks work out more profitable than mining BitCoin the herders will jump on them with many thousands of nodes. Anyone who actually pays for their own equipment or electricity will have no chance of profitable mining. Title: Re: CPU Mining - Who will emerge Dominant? Post by: ArtForz on October 03, 2011, 05:54:33 PM CPU Mining - Who will emerge Dominant? Botnets, obviously. As soon as any of these networks work out more profitable than mining BitCoin the herders will jump on them with many thousands of nodes. Anyone who actually pays for their own equipment or electricity will have no chance of profitable mining. At current btc/tbx difficulty ratio, a botnet cpu-mining tbx instead of cpu-mining btc "loses" somewhere about 0.00005 btc/tbx Eyeballed scale factor... cpus are about 1000 times faster at btc hashing than tbx hashing... tbxdiff / btcdiff * roughhashscalefactor * blockrewardfactor 0.042 / 1.69M * 1000 * 2 ... around 0.00005 *checks* btc-e ... best bid: 0.00158btc/tbx. so only like 30 times more profitable to cpu-mine tbx currently... Title: Re: CPU Mining - Who will emerge Dominant? Post by: Lolcust on October 03, 2011, 05:59:09 PM Guys, could someone repost that ^^^ to some 1337 h4x0r forum ?
Title: Re: CPU Mining - Who will emerge Dominant? Post by: grod on October 03, 2011, 08:25:16 PM CPU Mining - Who will emerge Dominant? Botnets, obviously. As soon as any of these networks work out more profitable than mining BitCoin the herders will jump on them with many thousands of nodes. Anyone who actually pays for their own equipment or electricity will have no chance of profitable mining. At current btc/tbx difficulty ratio, a botnet cpu-mining tbx instead of cpu-mining btc "loses" somewhere about 0.00005 btc/tbx Eyeballed scale factor... cpus are about 1000 times faster at btc hashing than tbx hashing... tbxdiff / btcdiff * roughhashscalefactor * blockrewardfactor 0.042 / 1.69M * 1000 * 2 ... around 0.00005 *checks* btc-e ... best bid: 0.00158btc/tbx. so only like 30 times more profitable to cpu-mine tbx currently... And it's approximately 2 million times harder to sell any number of TBX with a grand total of $1500 up for grabs on a tiny exchange. While a whole 325 BTC is on the line 2/3 of that is at .00001 BTC/TBX, not the one or two BTC worth at .0015. Meanwhile, the lion's share of all TBX ever mined (as opposed to pre-mined) is up on asks. 60k mined so far, roughly, and 40k up on asks. Woof. TL;DR: there's not enough money in TBX to bother developing and deploying a botnet to mine TBX. And the odds of that pyramid launching into orbit with a 6 year (not 3, it's 3 years at 50 coins/block) premined payload are basically zero. Try again with a less blatant display of greed. Title: Re: CPU Mining - Who will emerge Dominant? Post by: Lolcust on October 03, 2011, 08:30:42 PM If I had 500 000, I would still have the capacity to gut the market, but no capacity to take a stab at Really Huge Laundry.
Anyways, I distinctly recall you evaded question as to whether there exists a size of "creator stash" you won't be upset by. Are you one of them weird "sports competition ethics" people, honestly ? Title: Re: CPU Mining - Who will emerge Dominant? Post by: bulanula on October 03, 2011, 08:30:53 PM CPU Mining - Who will emerge Dominant? Botnets, obviously. As soon as any of these networks work out more profitable than mining BitCoin the herders will jump on them with many thousands of nodes. Anyone who actually pays for their own equipment or electricity will have no chance of profitable mining. At current btc/tbx difficulty ratio, a botnet cpu-mining tbx instead of cpu-mining btc "loses" somewhere about 0.00005 btc/tbx Eyeballed scale factor... cpus are about 1000 times faster at btc hashing than tbx hashing... tbxdiff / btcdiff * roughhashscalefactor * blockrewardfactor 0.042 / 1.69M * 1000 * 2 ... around 0.00005 *checks* btc-e ... best bid: 0.00158btc/tbx. so only like 30 times more profitable to cpu-mine tbx currently... And it's approximately 2 million times harder to sell any number of TBX with a grand total of $1500 up for grabs on a tiny exchange. While a whole 325 BTC is on the line 2/3 of that is at .00001 BTC/TBX, not the one or two BTC worth at .0015. Meanwhile, the lion's share of all TBX ever mined (as opposed to pre-mined) is up on asks. 60k mined so far, roughly, and 40k up on asks. Woof. TL;DR: there's not enough money in TBX to bother developing and deploying a botnet to mine TBX. And the odds of that pyramid launching into orbit with a 6 year (not 3, it's 3 years at 50 coins/block) premined payload are basically zero. Try again with a less blatant display of greed. I for one am holding on to these TBX. If this money laundering stuff is launched then expect the value to skyrocket etc. as people putting in millions etc. ! If they fail then what I have to lose just a couple of days burning in my CPU etc. but if they become $1 due to laundery then huge profit for me :) Title: Re: CPU Mining - Who will emerge Dominant? Post by: grod on October 03, 2011, 08:46:33 PM If I had 500 000, I would still have the capacity to gut the market, but no capacity to take a stab at Really Huge Laundry. Anyways, I distinctly recall you evaded question as to whether there exists a size of "creator stash" you won't be upset by. Are you one of them weird "sports competition ethics" people, honestly ? I did not evade it, I answered it in a relative way. To each their own. For you, six years of premine seemed like a sensible, realistic number. I'd have opted for 24 years, since clearly this is just a cash grab from the braindamaged and/or ignorant. For others, like the Fairbrix guy, zero was the right number. Satoshi's 1.5M coins is a number I'm not offended by. Because of the way he did it -- opening up the network to anyone who wanted to participate. Plus he came up with something revolutionary. For someone forking bitcoin community supplied software and just hacking it a bit any amount of pre-mine is offensive to me. The amount of compensation you are expecting per hour is staggering relative to the value provided. Title: Re: CPU Mining - Who will emerge Dominant? Post by: grod on October 03, 2011, 08:51:34 PM I for one am holding on to these TBX. If this money laundering stuff is launched then expect the value to skyrocket etc. as people putting in millions etc. ! If they fail then what I have to lose just a couple of days burning in my CPU etc. but if they become $1 due to laundery then huge profit for me :) May I suggest an optimization? Dump them now while the value is high, pick them up for a fraction of the price between now and whenever the millions flood in for "laundry." Me, I'm a bit more realistic. I expect anyone with a large amount of money to launder already has current solutions to that problem. Wachovia, etc. They're set. The little guys are more than fine with bitcoin and existing exchanges. Title: Re: CPU Mining - Who will emerge Dominant? Post by: Lolcust on October 03, 2011, 08:54:18 PM Technically, at every moment in history, established market agents have had "established solutions" - otherwise they would have flopped in an eyeblink. That has never prevented creation of new, more sophisticated solutions, and their adoption.
Title: Re: CPU Mining - Who will emerge Dominant? Post by: bulanula on October 03, 2011, 09:10:30 PM I for one am holding on to these TBX. If this money laundering stuff is launched then expect the value to skyrocket etc. as people putting in millions etc. ! If they fail then what I have to lose just a couple of days burning in my CPU etc. but if they become $1 due to laundery then huge profit for me :) May I suggest an optimization? Dump them now while the value is high, pick them up for a fraction of the price between now and whenever the millions flood in for "laundry." Me, I'm a bit more realistic. I expect anyone with a large amount of money to launder already has current solutions to that problem. Wachovia, etc. They're set. The little guys are more than fine with bitcoin and existing exchanges. Sound advice my friend. Very nice advice :) But what do you think about Solidcoin 2 ??? Title: Re: CPU Mining - Who will emerge Dominant? Post by: Mousepotato on October 03, 2011, 09:19:13 PM Don't know, don't care. Whatever one yields the highest BTC ratio is the one I'm going to mine.
Title: Re: CPU Mining - Who will emerge Dominant? Post by: grod on October 03, 2011, 09:24:39 PM Sound advice my friend. Very nice advice :) But what do you think about Solidcoin 2 ??? Like all bitcoin chains it's created with dreams of making the founder inconcievable amounts of cash. The trick, as with all other chains, is to beat him to the exit. The revenue model of solidcoin makes it competitive with established, convenient, safe, etc ways to transfer money online -- yet with all the drawbacks of fringe cryptocurrencies. It's doomed before it starts, but we haven't burned all the shitcoin investors yet so there will once again be a few thousand $ up for grabs. Title: Re: CPU Mining - Who will emerge Dominant? Post by: Lolcust on October 03, 2011, 09:46:46 PM Perhaps you wanted to say that "The revenue model of solidcoin makes it compete with established, convenient, safe, etc ways to transfer money online -- yet with all the drawbacks of fringe cryptocurrencies", because I doubt that you're a guy would could believe that anything other than an intervention by a supernatural force could make Solidcoin 2.0 actually "competitive" compared to "established, convenient, safe etc ways to transfer money online" ;)
Title: Re: CPU Mining - Who will emerge Dominant? Post by: bulanula on October 03, 2011, 10:00:14 PM Dumped all my 176 tenebrix for 0.3 BTC not bad deal etc. mining this then dumping it as soon as it is confirmed !!
don't even feel sorry for the tbx buying sukaz :P It seems everyone cashing out TBX eg 40000 TBX already cashed out out of 60k mined so far from start etc. haha epic if you are holding TBX then you will be left holding the bag in the end :) Enjoy !!! Title: Re: CPU Mining - Who will emerge Dominant? Post by: tacotime on October 03, 2011, 10:35:06 PM Dumped all my 176 tenebrix for 0.3 BTC not bad deal etc. mining this then dumping it as soon as it is confirmed !! don't even feel sorry for the tbx buying sukaz :P It seems everyone cashing out TBX eg 40000 TBX already cashed out out of 60k mined so far from start etc. haha epic if you are holding TBX then you will be left holding the bag in the end :) Enjoy !!! I will hold, I lost money on i0coin and solidcoin, why not lose money on Tenebrix too? The thing is, if Tenebrix ends up like another bitcoin, they could eventually be worth dollars each, so if I mine thousands of them now and sell them off later, that's tons of profit for me at a relatively low risk. This is exactly why people are buying them from you for nothing too -- 10BTC for 20000 TBX now, but if the price of TBX skyrockets, you'll make a lot more than that same $50 you would get from bitcoin. You might be throwing out your cash, but you also might be betting on the right number on a roulette wheel. Title: Re: CPU Mining - Who will emerge Dominant? Post by: bulanula on October 03, 2011, 11:54:23 PM Dumped all my 176 tenebrix for 0.3 BTC not bad deal etc. mining this then dumping it as soon as it is confirmed !! don't even feel sorry for the tbx buying sukaz :P It seems everyone cashing out TBX eg 40000 TBX already cashed out out of 60k mined so far from start etc. haha epic if you are holding TBX then you will be left holding the bag in the end :) Enjoy !!! I will hold, I lost money on i0coin and solidcoin, why not lose money on Tenebrix too? The thing is, if Tenebrix ends up like another bitcoin, they could eventually be worth dollars each, so if I mine thousands of them now and sell them off later, that's tons of profit for me at a relatively low risk. This is exactly why people are buying them from you for nothing too -- 10BTC for 20000 TBX now, but if the price of TBX skyrockets, you'll make a lot more than that same $50 you would get from bitcoin. You might be throwing out your cash, but you also might be betting on the right number on a roulette wheel. So far no chain except bitcoin ever reached $1 (except Namecoin which actually has a use except fairy dust WOW gold currency). Why would it ever reach that value ? Bitcoin is special. It is the biggest, cannot be attacked and the most established as was first created and limited 21 million supply. Nothing can really match that. Enjoy getting stuck with your tenebrix ! I also sell my dog poop for $1 each. MAYBE in 100 years dog poop used as rocketship fuel so I'm holding it ;D Title: Re: CPU Mining - Who will emerge Dominant? Post by: racerguy on October 03, 2011, 11:59:09 PM Just took my 3000 off the exchange (1000 were bought @0.004), I'm balls out for the big score with this one.
Title: Re: CPU Mining - Who will emerge Dominant? Post by: tacotime on October 04, 2011, 12:25:18 AM So far no chain except bitcoin ever reached $1 (except Namecoin which actually has a use except fairy dust WOW gold currency). Why would it ever reach that value ? Bitcoin is special. It is the biggest, cannot be attacked and the most established as was first created and limited 21 million supply. Nothing can really match that. Enjoy getting stuck with your tenebrix ! I also sell my dog poop for $1 each. MAYBE in 100 years dog poop used as rocketship fuel so I'm holding it ;D Well, I do have $10 of disposable income to invest as I please, and if the amount tenebrix costs goes up by orders of magnitude and I make $1000, every $10 I've put into every new block chain so far will be well worth it. I mean, it's really not too complicated, if people make 100 new block chains and one of them turns out to be useful and you invest a little money in it early on, you can easily make lots back later. So I'm not worried. Title: Re: CPU Mining - Who will emerge Dominant? Post by: worldinacoin on October 04, 2011, 05:53:17 AM Well the higher the risk, the greater the reward, perhaps I should target one of such coins :)
So far no chain except bitcoin ever reached $1 (except Namecoin which actually has a use except fairy dust WOW gold currency). Why would it ever reach that value ? Bitcoin is special. It is the biggest, cannot be attacked and the most established as was first created and limited 21 million supply. Nothing can really match that. Enjoy getting stuck with your tenebrix ! I also sell my dog poop for $1 each. MAYBE in 100 years dog poop used as rocketship fuel so I'm holding it ;D Well, I do have $10 of disposable income to invest as I please, and if the amount tenebrix costs goes up by orders of magnitude and I make $1000, every $10 I've put into every new block chain so far will be well worth it. I mean, it's really not too complicated, if people make 100 new block chains and one of them turns out to be useful and you invest a little money in it early on, you can easily make lots back later. So I'm not worried. Title: Re: CPU Mining - Who will emerge Dominant? Post by: phelix on October 04, 2011, 08:58:14 AM Dumped all my 176 tenebrix for 0.3 BTC not bad deal etc. mining this then dumping it as soon as it is confirmed !! [...] did you calculate this through with energy costs? Title: Re: CPU Mining - Who will emerge Dominant? Post by: Lolcust on October 04, 2011, 10:43:06 AM If he's running it on his mining rig at idle priority while mining other coins, the increase in power consumption compared to not running TBX and just letting the cpu burn electricity idling should be quite negligible.
Title: Re: CPU Mining - Who will emerge Dominant? Post by: phelix on October 04, 2011, 05:57:09 PM If he's running it on his mining rig at idle priority while mining other coins, the increase in power consumption compared to not running TBX and just letting the cpu burn electricity idling should be quite negligible. even like that it is still around or slightly below energy costs for me at the momentTitle: Re: CPU Mining - Who will emerge Dominant? Post by: Lolcust on October 04, 2011, 06:02:20 PM Aren't energy costs covered by the "GPU" part of the operation ?
Title: Re: CPU Mining - Who will emerge Dominant? Post by: sd on October 04, 2011, 06:09:32 PM Aren't energy costs covered by the "GPU" part of the operation ? No. If you max out your CPU it will use more power than an idle CPU. On some CPUs it may be cheaper to buy the coins than pay the extra electricity costs, particularly if you use air-conditioning to get rid of the excess heat. Title: Re: CPU Mining - Who will emerge Dominant? Post by: Lolcust on October 04, 2011, 06:10:59 PM Errrr... max out != mine at idle priority, no ?
Title: Re: CPU Mining - Who will emerge Dominant? Post by: Bobnova on October 04, 2011, 06:11:33 PM Adding unprofitable mining to profitable mining doesn't make the unprofitable mining profitable.
Been thinking about it, and I've decided it'll definitely be tenebrix. Think about it: 1) Built specifically for botnet use. 2) Laundry. 1 + 2 = 3) Ideal currency for botnet herders to use for other illegal activities. Presto! Sidenote: Idle priority uses any spare CPU cycles, resulting in 100% CPU load at all times. You can't do work on a CPU without burning power, it doesn't matter what priority you assign. Title: Re: CPU Mining - Who will emerge Dominant? Post by: worldinacoin on October 04, 2011, 06:30:05 PM I think it is a nice complement to bitcoin mining. Bitcoin takes up all the GPU hashes, whereas the CPU cycles can be used to mine tenebrix, fairbrix or solidcoin2.0. We can ensure that our rigs or computers are fully utilized.
Title: Re: CPU Mining - Who will emerge Dominant? Post by: ArtForz on October 04, 2011, 07:24:01 PM Dunno, it's still plenty profitable around here, and that's at $0.30/kWh...
Unless you have a P4 or pay like $1/kWh ... how on earth do you end up with a loss? Title: Re: CPU Mining - Who will emerge Dominant? Post by: Bobnova on October 04, 2011, 08:05:02 PM Things have chance, BTX was .001 at that time.
No pool + current difficulty means finding a block is rough, too. I'm going to slap it on the simplecoin pool and see what happens. Title: Re: CPU Mining - Who will emerge Dominant? Post by: Lolcust on October 04, 2011, 08:18:22 PM Things have chance, BTX was .001 at that time. No pool + current difficulty means finding a block is rough, too. I'm going to slap it on the simplecoin pool and see what happens. Eeee, simplecoin already has TBX if I recall correctly... Title: Re: CPU Mining - Who will emerge Dominant? Post by: Bobnova on October 04, 2011, 08:42:24 PM I'd be hard pressed to aim my miner at it otherwise :D
Actually it's having issues, the reporting interval for the miner (this is on windows) appears to be one hash long. It works correctly for a while, then starts scrolling like mad. It can't keep up with itself (no scrolling 6x1000 lines per second) and produces squat. It's only when pointed to Simplecoin that it does it too, strange stuff. Title: Re: CPU Mining - Who will emerge Dominant? Post by: Lolcust on October 04, 2011, 08:52:53 PM I'd be hard pressed to aim my miner at it otherwise :D Actually it's having issues, the reporting interval for the miner (this is on windows) appears to be one hash long. It works correctly for a while, then starts scrolling like mad. It can't keep up with itself (no scrolling 6x1000 lines per second) and produces squat. It's only when pointed to Simplecoin that it does it too, strange stuff. Hmmmmmm... windows or linux ? Are you sure that you are running the most recent ("r3") minerd ? Title: Re: CPU Mining - Who will emerge Dominant? Post by: Mousepotato on October 04, 2011, 09:04:25 PM No matter what you say SC will always NOT be the first and will simply be an iteration of Tenebrix. GPU hostility or better known as parallel computing hostility was tried and failed awhile back by cryptographers trying to come up with a hashing solution that couldn't be cracked by the likes of GPU's and FPGA's. Same principle applies here. Works for me and rather than get greedy, I'll simply drop a single 5770 on it and rack up hella lot of coin. A single 5770 will compute like 30 Core i7-2600's ;D You know you're from the bay area when... :) Title: Re: CPU Mining - Who will emerge Dominant? Post by: Bobnova on October 04, 2011, 09:12:24 PM I'd be hard pressed to aim my miner at it otherwise :D Actually it's having issues, the reporting interval for the miner (this is on windows) appears to be one hash long. It works correctly for a while, then starts scrolling like mad. It can't keep up with itself (no scrolling 6x1000 lines per second) and produces squat. It's only when pointed to Simplecoin that it does it too, strange stuff. Hmmmmmm... windows or linux ? Are you sure that you are running the most recent ("r3") minerd ? Win7, original minerd I think. Figured out what it is, it doesn't like longpoll. I'll try R3 if I can find it, new and improved! Title: Re: CPU Mining - Who will emerge Dominant? Post by: Lolcust on October 04, 2011, 09:41:17 PM You can download win-pak with r3 in it from www.tenebrix.org
Minerd before r3 has a longpoll glitch P.S.: I know TBX offsite is a rather ugly mofo (will work on it), but that hardly justifies not checking it out ;) I'd be hard pressed to aim my miner at it otherwise :D Actually it's having issues, the reporting interval for the miner (this is on windows) appears to be one hash long. It works correctly for a while, then starts scrolling like mad. It can't keep up with itself (no scrolling 6x1000 lines per second) and produces squat. It's only when pointed to Simplecoin that it does it too, strange stuff. Hmmmmmm... windows or linux ? Are you sure that you are running the most recent ("r3") minerd ? I'll try R3 if I can find it, new and improved! Title: Re: CPU Mining - Who will emerge Dominant? Post by: Bobnova on October 04, 2011, 09:55:40 PM Grabbed the pack in the current first post of the TBX thread, things are working nicely now.
Title: Re: CPU Mining - Who will emerge Dominant? Post by: worldinacoin on October 04, 2011, 11:52:47 PM Just downloaded the R3 hopefully this time it will be smooth for all my computers.
Title: Re: CPU Mining - Who will emerge Dominant? Post by: phelix on October 06, 2011, 04:27:29 PM Dunno, it's still plenty profitable around here, and that's at $0.30/kWh... Unless you have a P4 or pay like $1/kWh ... how on earth do you end up with a loss? it would also be only barely profitable for me. similar electricity rate, additional power measured with wattmeter. the rig has only an athlon x2 240e. :-\ btw... have your released your tenebrix gpu miner to the public or are you planning to do so? Title: Re: CPU Mining - Who will emerge Dominant? Post by: tacotime on October 06, 2011, 04:55:32 PM Dunno, it's still plenty profitable around here, and that's at $0.30/kWh... Unless you have a P4 or pay like $1/kWh ... how on earth do you end up with a loss? it would also be only barely profitable for me. similar electricity rate, additional power measured with wattmeter. the rig has only an athlon x2 240e. :-\ btw... have your released your tenebrix gpu miner to the public or are you planning to do so? buy a 1055T used from overclock.net for $120, mine, profit. it's only about an extra 100w per day. 1055Ts are the new 5850s. Title: Re: CPU Mining - Who will emerge Dominant? Post by: phelix on October 06, 2011, 06:54:44 PM Dunno, it's still plenty profitable around here, and that's at $0.30/kWh... Unless you have a P4 or pay like $1/kWh ... how on earth do you end up with a loss? it would also be only barely profitable for me. similar electricity rate, additional power measured with wattmeter. the rig has only an athlon x2 240e. :-\ btw... have your released your tenebrix gpu miner to the public or are you planning to do so? buy a 1055T used from overclock.net for $120, mine, profit. it's only about an extra 100w per day. 1055Ts are the new 5850s. Title: Re: CPU Mining - Who will emerge Dominant? Post by: tacotime on October 06, 2011, 07:18:47 PM Dunno, it's still plenty profitable around here, and that's at $0.30/kWh... Unless you have a P4 or pay like $1/kWh ... how on earth do you end up with a loss? it would also be only barely profitable for me. similar electricity rate, additional power measured with wattmeter. the rig has only an athlon x2 240e. :-\ btw... have your released your tenebrix gpu miner to the public or are you planning to do so? buy a 1055T used from overclock.net for $120, mine, profit. it's only about an extra 100w per day. 1055Ts are the new 5850s. If not tenebrix some other CPU mining operation will take over. As long as it costs barely nothing new to mine it, people will be in for it. Title: Re: CPU Mining - Who will emerge Dominant? Post by: iopq on October 07, 2011, 02:43:07 PM Dunno, it's still plenty profitable around here, and that's at $0.30/kWh... Unless you have a P4 or pay like $1/kWh ... how on earth do you end up with a loss? it would also be only barely profitable for me. similar electricity rate, additional power measured with wattmeter. the rig has only an athlon x2 240e. :-\ btw... have your released your tenebrix gpu miner to the public or are you planning to do so? buy a 1055T used from overclock.net for $120, mine, profit. it's only about an extra 100w per day. 1055Ts are the new 5850s. and for single-threaded applications it would be the same speed as my E8400 which has a 3ghz clock (so it might be actually faster in some cases) Title: Re: CPU Mining - Who will emerge Dominant? Post by: bulanula on October 07, 2011, 07:41:37 PM Dunno, it's still plenty profitable around here, and that's at $0.30/kWh... Unless you have a P4 or pay like $1/kWh ... how on earth do you end up with a loss? it would also be only barely profitable for me. similar electricity rate, additional power measured with wattmeter. the rig has only an athlon x2 240e. :-\ btw... have your released your tenebrix gpu miner to the public or are you planning to do so? buy a 1055T used from overclock.net for $120, mine, profit. it's only about an extra 100w per day. 1055Ts are the new 5850s. and for single-threaded applications it would be the same speed as my E8400 which has a 3ghz clock (so it might be actually faster in some cases) Yep, AMD sucks at single thread performance compared to Intel. If you are buying Phenom II now you are an idiot. Wait for Bulldozer fools ! Title: Re: CPU Mining - Who will emerge Dominant? Post by: iopq on October 07, 2011, 11:18:59 PM Dunno, it's still plenty profitable around here, and that's at $0.30/kWh... Unless you have a P4 or pay like $1/kWh ... how on earth do you end up with a loss? it would also be only barely profitable for me. similar electricity rate, additional power measured with wattmeter. the rig has only an athlon x2 240e. :-\ btw... have your released your tenebrix gpu miner to the public or are you planning to do so? buy a 1055T used from overclock.net for $120, mine, profit. it's only about an extra 100w per day. 1055Ts are the new 5850s. and for single-threaded applications it would be the same speed as my E8400 which has a 3ghz clock (so it might be actually faster in some cases) Yep, AMD sucks at single thread performance compared to Intel. If you are buying Phenom II now you are an idiot. Wait for Bulldozer fools ! Title: Re: CPU Mining - Who will emerge Dominant? Post by: Beta-coiner1 on October 07, 2011, 11:46:46 PM by the time it comes out the phenom might have already paid itself off :D Considering the rumored release date (http://www.zdnet.com/blog/computers/new-amd-bulldozer-release-date-rumored-to-be-october-12/6753) and vastly improved cache size and architectural improvements.....highly unlikely,Bulldozer FTW.Title: Re: CPU Mining - Who will emerge Dominant? Post by: worldinacoin on October 08, 2011, 02:19:40 AM I still find that using the current two CPU coins, after a certain period of time, my computer with the most cores tend to behave weirdly processing very few hashes extremely quickly, have to stop and restart, whereas those with few cores are more stable. Wonder anyone having the same issues?
Title: Re: CPU Mining - Who will emerge Dominant? Post by: ArtForz on October 08, 2011, 02:39:52 AM I still find that using the current two CPU coins, after a certain period of time, my computer with the most cores tend to behave weirdly processing very few hashes extremely quickly, have to stop and restart, whereas those with few cores are more stable. Wonder anyone having the same issues? You know, it'd be simpler if you posted bug reports in easier to find places. ;)This happens with low --scantime and is inherited from upstream cpuminer. This commit should fix it: https://github.com/ArtForz/cpuminer/commit/99084f8be4de50789345c42ae1e56378496c2981 Title: Re: CPU Mining - Who will emerge Dominant? Post by: Beta-coiner1 on October 08, 2011, 02:46:20 AM I haven't noticed any such thing,My processor is also overclocked by 1 Ghz and haven't noticed any issues after ~9 hours of cpu mining Tenebrix.I've been getting quite a lot proofs of work being done without issue.
Now if only I can get Solidcoin and Tenebrix via merged CPU-only mining this would be really quite profitable w/namecoin and BTC on GPUs,hehe. edit:Looks like ArtForz got to your issue quicker. Title: Re: CPU Mining - Who will emerge Dominant? Post by: bulanula on October 08, 2011, 02:48:09 AM Quote Now if only I can get Solidcoin and Tenebrix via merged CPU-only mining this would be really quite profitable w/namecoin and BTC on GPUs,hehe. That is what needs to happen ASAP ATM !!! Title: Re: CPU Mining - Who will emerge Dominant? Post by: worldinacoin on October 08, 2011, 02:54:49 AM You guys code faster than my CPUs :), thanks a million, but is there an official place where we can put in such reports? Cheers
I still find that using the current two CPU coins, after a certain period of time, my computer with the most cores tend to behave weirdly processing very few hashes extremely quickly, have to stop and restart, whereas those with few cores are more stable. Wonder anyone having the same issues? You know, it'd be simpler if you posted bug reports in easier to find places. ;)This happens with low --scantime and is inherited from upstream cpuminer. This commit should fix it: https://github.com/ArtForz/cpuminer/commit/99084f8be4de50789345c42ae1e56378496c2981 |
