|
No such thing as taking it over. They might convince miners to support their changes but that's about it.
|
|
|
|
MCAP etherum: $789,507,931
MCAP etherum classic: $ 219,019,007
Miners are moving to etherum classic for more profit.
Etherum classic also have 50% more trades on the exchanges and the price is climbing.
ETC will never go POS, and it can become a goldmine for the miners for years to come.
Decentralized, and not controlled by any government, bill gates or the rest of the clowns.
Code is Law.
What about that "mining bomb"? I heard there's a block time explosion in a year. Nope, that is not true at all! In January 2017, the dag file will go over 2GB in size. All this means, any GPU with 2GB will not be able to mine ETH. But, 290's, 390s, Fury, Nanos, 480s all ship with 4GB or of more memory as standard. Hardly worth mentioning, unless you own a huge stack of AMD GPUs that are 270s or 370s. I think grrrgrrr meant this: There's a difficulty bomb in place for Ethereum which means the difficulty keep increasing regardless of miners: Difficulty adjustment scheme
A lot of you have been wondering how we would implement a switch from PoW to PoS in time for Serenity. This will be handled by the newly introduced difficulty adjustment scheme, which elegantly guarantees a hard-fork point in the next 16 months.
It works as follow: starting from block 200,000 the difficulty will undergo an exponential increase which will only become noticeable in about a year. At that point (just around the release of the Serenity milestone), we’ll see a significant increase in difficulty which will start pushing the block resolution time upwards.
So, a year on, the network will continue to be useful for roughly 3-4 months, but eventually will reach an ‘Ice Age’ of sorts: the difficulty will simply be too high for anyone to find a block. This will allow us to introduce PoS, perhaps via Casper, if it proves itself. I guess it will be defused with a soft fork. |
|
|
|
|
Let me start with saying that you start to really piss me (and likely others) off with both your spam and stupidity.
Code IS law but when we say that we're talking about decentralized services such as blockchains. Bitfinex is not decentralized by any means and it's not a coin or even a blockchain. It is a centralized service.
And as such, it always only a matter of time before they get compromised. Always.
On one hand it's a shame that they got hacked but on another, hopefully this will be another push towards decentralized exchanges and traders having some common sense and not holding much funds on centralized platforms.
|
|
|
|
I don't think ETC is just a pump. People legitimately like it against all odds (51% threat, hacker owning a huge portion of coins, no original dev team, etc) because it's not a bailout coin and because Vitalik is not behind it.
Definitely a good point. Now that no one is behind it, this may then goes up and may surpass ETH and may even beyond. seem like the end of ETH perhaps. are some features of ETH still there? I strongly believe that any coin which is associated/lead by a group of publicly known people is a huge disadvantage. I think Bitcoin's success partly comes from Satoshi not being known. |
|
|
|
|
I don't think ETC is just a pump. People legitimately like it against all odds (51% threat, hacker owning a huge portion of coins, no original dev team, etc) because it's not a bailout coin and because Vitalik is not behind it.
|
|
|
|
The 3.5GB partition has been known for a couple years now. It hasn't ever effected mining. However there has never been a algo that has filled 4GB of memory on these cards, so Ethereum will probably be the first if there is one... But considering they aren't super amazing in Eth to begin with and Eth going PoS in a couple months, it's not going to ever happen.
Some algos like Neoscrypt/scrypt-jane and at least a couple others can fill 4GB and then some if you increase the intensity. |
|
|
|
|
2011-3 is a waste of money for mining rigs.
|
|
|
|
The hacker would likely sell it outside of exchanges directly to others in chunks.
That would be safer and wouldn't shock the price unless the buyer buys a significant amount and dumps.
Lets say some of the "stolen" coins get moved to Poloniex. Poloniex is registered in the US isn't it? I could see some kind of legal action arising. He could tumble it (mix it with "legit" ETC coins so much that it's hard to track which coins are from the hack). Or use other exchanges. Or there's the argument (however silly it might be) that the hacker not being a criminal because het used what the code allowed. I also don't think Polo would do anything or would be forced to do anything with the tainted funds. |
|
|
|
From the same thread: Reasons: Specifically, Plaintiffs allege that the GTX 970 devices were sold based on misleading representations that the devices: 1. Operate with a full 4 gigabytes (“GB”) of video access memory (“VRAM”) instead of the actual 3.5 GB of VRAM and a “less performant” and decoupled 0.5 GB spillover segment that operates as slow as one seventh the speed of the 3.5 GB pool once the device is required to access more than 3.5 GB of memory 2. have 64 render output processors (“ROPs”), as opposed to 56 ROPs 3. have an L2 cache capacity of 2,048 kilobytes (“KB”), as opposed to 1,792 KB, and omitted material facts to the contrary. 4. Defendants have denied these allegations and asserted numerous defenses. Thx bathrobehero. So this could lead to instabilities? I have 2 980ti and 2 970gtx. Wonder if I can get $ for that? I have no idea on any of those fronts. I never had any issues with my WF3OC 970's for mining or gaming. Not even when using more than 3.5 GB memory. I basically love everything about these cards. |
|
|
|
|
The hacker would likely sell it outside of exchanges directly to others in chunks.
That would be safer and wouldn't shock the price unless the buyer buys a significant amount and dumps.
|
|
|
|
#1 COMMUNITY QUESTIONWhat's the most sensed distribution model? - fixed | halving by years or month - fixed | and no halving by years or month - dynamic distributable hourly/unit time supply | halving by years or month - dynamic distributable hourly/unit time supply | and no halving by years or month Fixed: you get a fixed qty of coin each captcha Dynamic: you get a qty based on the hourly supply / all captcha completed * your captcha completed Let me know  Well of course some sort of cut in supply should be in place eventually otherwise the inflation will be too high so some sort of halving or gradual decrease is a must IMO. A dynamic hourly (or other period) distribution would also be necessary I feel so the emission rate (therefore inflation) would be transparent and predictable. With a fixed reward we would hardly know how many new coins are created by spamming the captcha. |
|
|
|
|
I get 272 Mh/s maximum out of G1 1070's.
+120 Mhz (about 2025 Mhz) is super stable but going above that by just another 20 will crash the card in seconds.
I'm waiting for people to bypass the certificate checks so we can play with editing the BIOS.
I'd love to play around and tweak these cards and I think there's a lot of overhead to be used.
|
|
|
|
From the same thread: Reasons: Specifically, Plaintiffs allege that the GTX 970 devices were sold based on misleading representations that the devices: 1. Operate with a full 4 gigabytes (“GB”) of video access memory (“VRAM”) instead of the actual 3.5 GB of VRAM and a “less performant” and decoupled 0.5 GB spillover segment that operates as slow as one seventh the speed of the 3.5 GB pool once the device is required to access more than 3.5 GB of memory 2. have 64 render output processors (“ROPs”), as opposed to 56 ROPs 3. have an L2 cache capacity of 2,048 kilobytes (“KB”), as opposed to 1,792 KB, and omitted material facts to the contrary. 4. Defendants have denied these allegations and asserted numerous defenses. |
|
|
|
Anyone knows where I can dl cudaminer ? Links are dead. I would like to mine dogecoin. Thanks
That would be a complete waste of electricity. Bitcoin, Litecoin, Dogecoin, Dash and many others (basically coins with SHA256/Scrypt/X11 PoW algorithms) all have ASICs which are designed to do one thing and one thing only; mine super fast with very low power consumption. Processors and video cards are so far behind them that it becomes a waste of electricity. I know... but I've some physical dogecoin to fund and don't want to spend btc for doge, that's why I would like to try mining, to see how much can I get. Do you know what crypto can I mine without wasting time and electricity ? Anything that is not an ASIC coin will earn you more which you can spend on Doge. |
|
|
|
Anyone knows where I can dl cudaminer ? Links are dead. I would like to mine dogecoin. Thanks
That would be a complete waste of electricity. Bitcoin, Litecoin, Dogecoin, Dash and many others (basically coins with SHA256/Scrypt/X11 PoW algorithms) all have ASICs which are designed to do one thing and one thing only; mine super fast with very low power consumption. Processors and video cards are so far behind them that it becomes a waste of electricity. |
|
|
|
|
Can you stop spamming the same sensationalistic clickbait crap?
|
|
|
|
So-called "USB risers" don't actually use the USB protocal, so that concept is totally impractical.
They just "merge" signaling so that a USB-type CABLE can be used to transfer data.
I think he knows that, but the signal is there so communication in theory is only up to the software. |
|
|
|
|
Interesting idea. I don't know much about it but I don't think a BBB could drive the card even if you'd manage to communicate with it.
But if it would work it would be awesome.
|
|
|
|
|
I have two G1 Gaming 1070's and I also noticed that their power oscillates quite a lot. I'd prefer it to be flat but I haven't spend any time looking into it yet.
What's that tool on the bottom of the first pic showing stats like local efficiency?
|
|
|
|
RaiBlocks forking project
Hi to all, I annunce I'm negotiating with a investor to get enough funds (about 50,000$) to start developing a fork of the famous RaiBlocks project.
Why talk to a investor? Is there any business plan?
Since people seem not ready to invest their own money, crowdfunding seems to be the worst way. So a investor is maybe the best way to go on. There will be a business plan behind, no single cent will be asked to people for use the fork, the money we are gonna get will come from some kind of "faucet mining addon", allowing companies or group of person to get a temporary mining bonus paying some bitcoin. That will force companies or group to hire people, maximizing their investment and giving more chanche of faucet-job to the mass. The money got in this way will be used to cover costs and ensure a constant support to the project.
Has this project a name or brand yet?
No, the name is the less important thing, indeed name and brand can be done in a very short time and has nothing to do with big work of development.
Is it gonna be free?
Yes, the fork project wil be free to use in each single part.
Can i swap my RaiBlocks?
Yes, and better, your RaiBlocks will be cloned in the new blockchain, so if RaiBlocks developers return, you will have a double chance. We'll just take a snapshot of the current RaiBlocks blockchain and create a new genesis account, sending funds to the snapshotted addresses. Of course the addresses will be generated by the seed in the same way, just remember to store safely your seed.
What are you going to develop?
For sure, mainly OS wallets, custom RPC, dedicated exchange and a usable service for it. If all go well we'll deploy light wallet and mobile app wallet too.
How much time time will you need for development?
Since most of code is already written (RaiBlocks), from the date we get funds from investor, i think we'll be able to provide it in 3-6months.
Well, that's our project proposal, feel free to comment and give us tips. Thank you.
Sounds great, especially the snapshot part. |
|
|
|
|
Show Posts
