Doesn't change the fact that GPU mining YACoin is possible (and possibly already achieved). It's pretty much wrong saying that YACoin is only CPU minable.
Learn to read.... Using scrypt(N, 1, 1) means that only solo cpu mining will work until someone will fork mining pool software or implement GPU miner. However, it's not that simple at all. In response to that fork (and GPUs actually mining) not only will the difficulty increase, but more importantly, so will the N-scaling factor, which make Scrypt harder for GPUs. See za post by YaCoin author. May 14, N=64, 8Kb May 17, N=128, 16Kb May 20, N=256, 32Kb May 29, N=512, 64Kb https://bitcointalk.org/index.php?topic=196196.msg2083635#msg2083635 |
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My thoughts on all this:
We've reached the point where AWS EC2 spot instances for mining YAC are no longer profitable (I know, since I just shut down 40 extra large clusters). That means from here on out mining is going to start being done by people who own their hardware (read: everybody with a CPU).
That's a good thing, because it's properly decentralized. It's much harder to run a CPU farm as cost-efficiently as a GPU farm (you certainly can't have 6 consumer-grade CPUs per motherboard, and server hardware is expensive).
Meanwhile, the people with the largest YAC stacks are people who fired up server clusters to mine the crap out of it early on. The people with the insight and skill to do that will largely have been developers.
If most of the YAC is owned by developers, there's a huge motive to develop applications for YAC to see it succeed.
So we've got a properly decentralized currency with built-in developer support.
See you guys on the other side of 50 LTC/kYAC.
+1 |
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How long does vanity gen take?
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Lol it's called Net Coin.
I wouldn't touch it unless you run it in a virtual machine.
Even VM is not safe, as there could be a Redpill payload. |
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What a great news!! Very well DONE!!! Yeah, it looks impressive. I'd like to see some information about the developers (pacopaco, etc?) who are supporting YaCoin. It's their time to shine. Also, would be good to see information for merchants, i.e., explaining how to use YaCoin to accept payments, etc. |
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need people to help with the yacoin website: http://yacoin.webs.com/thx! It has chat, forum, video, etc! If creating this website helped, thank you! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Y4QD9EiAKzfpq8iTAxi3xw83wpkvSbMU9x I think http://www.yacoin.org looks much better! |
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I love it. The name is as long as a 256bit hash!
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I might sell some LTC (I don't have much left) @ 30 LTC per 1k YAC.
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I might sell some YAC @ 30LTC.
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Someone needs to update the YAK website and Information thread with the details about this mining pool.
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Interesting idea.
If it could be as successful as YAC, then I'd be interested... however, I think you need something more to add incentive to mining this coin.
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Anyone going to update the Yac info at the top of this thread?
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I think you can update the YAC mining pools section with information about http://yac.dontmine.me/and others that have been posted on the forums |
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I ask 50 LTC for 1000 YAC
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