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3861  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scryp on: March 08, 2014, 09:38:07 AM
why is everyone talking about raw hashrate and not talking about WU rate?

it boggles my mind...

so does anyone have good config for r9 290 / r9 270 that gives good WU rate? i can care less about raw hashrate...

What rate do you consider good? This is not scrypt where the formula goes like 92.5% of the khashes. It's totally different. From observation, I'd say DRK WUs are playing in the 0.015-0.018 range per megahash.

its a very good question which WU is good, takes time to find out

I have the suspicion that the WU in x11 may be affected by the share difficulty, making things slightly more complicated.

Perhaps phm who knows the code can tell us what is the theoretical maximum WU we should be reaching for (?)
3862  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scryp on: March 08, 2014, 08:57:25 AM
why is everyone talking about raw hashrate and not talking about WU rate?

it boggles my mind...

so does anyone have good config for r9 290 / r9 270 that gives good WU rate? i can care less about raw hashrate...

What rate do you consider good? This is not scrypt where the formula goes like 92.5% of the khashes. It's totally different. From observation, I'd say DRK WUs are playing in the 0.015-0.018 range per megahash.
3863  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scryp on: March 08, 2014, 08:39:53 AM
Regarding mining, I don't think people are very cost-efficient in how they setup their mining rigs. There's too much "I want to get the best there is" mentality floating around which increases CAPEX cost significantly (for less OPEX of course - but IMO it's not worth it unless the electric costs are too high). The fact that people are buying brand new 280s/290s and pay thousands of dollars from the get go is a bit disturbing.

Clocked 5850s and 6870s are pulling like 1.3 MHs and people can find used ones at around 100$ per card instead of 500-600$ for a brand new 290. Will a 290 give 5-6x performance? Nope.



For howmany Watt ?

They are close to 170-190w clocked for scrypt, but DRK power use is another issue altogether (much reduced).

Thing is, when you get 2x6870s or 2x5850s and have more hashrate than a 290, you also keep 300-400$ (2x100$ vs 500-600$). Now, with those 300-400$ you can buy A LOT of kwatts (400$ / 20cents per kw if one is on an expensive power network = 2 Megawatt-hours already paid due to the price difference).



Not realy clear for me.
can you give kh/s and watt per card please

Hashrates are about 1200-1300 khash/card for clocked 6870s and 5850s. Power consumption, with scrypt coins, is near the max of the cards at 170-190watt. Power consumption with dark is unknown because dark consumes less power and I haven't measured it. It is however significantly lower (as one can hear from the fans, or see from the temps) than scrypt.
3864  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scryp on: March 08, 2014, 08:35:57 AM
Can anyone find darkcoin on coinmarketcap?

Nope, they always seem to screw up darkcoin.

Still not visible. There seems to be a pattern of peripheral "dark anomalies" that affect things like exchanges, market cap listings, prices etc - which is not usual by any altcoin standard.

3865  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scryp on: March 08, 2014, 08:28:15 AM
Regarding mining, I don't think people are very cost-efficient in how they setup their mining rigs. There's too much "I want to get the best there is" mentality floating around which increases CAPEX cost significantly (for less OPEX of course - but IMO it's not worth it unless the electric costs are too high). The fact that people are buying brand new 280s/290s and pay thousands of dollars from the get go is a bit disturbing.

Clocked 5850s and 6870s are pulling like 1.3 MHs and people can find used ones at around 100$ per card instead of 500-600$ for a brand new 290. Will a 290 give 5-6x performance? Nope.



For howmany Watt ?

They are close to 170-190w clocked for scrypt, but DRK power use is another issue altogether (much reduced).

Thing is, when you get 2x6870s or 2x5850s and have more hashrate than a 290, you also keep 300-400$ (2x100$ vs 500-600$). Now, with those 300-400$ you can buy A LOT of kwatts (400$ / 20cents per kw if one is on an expensive power network = 2 Megawatt-hours already paid due to the price difference).

3866  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scryp on: March 08, 2014, 08:21:38 AM
Regarding mining, I don't think people are very cost-efficient in how they setup their mining rigs. There's too much "I want to get the best there is" mentality floating around which increases CAPEX cost significantly (for less OPEX of course - but IMO it's not worth it unless the electric costs are too high). The fact that people are buying brand new 280s/290s and pay thousands of dollars from the get go is a bit disturbing.

Clocked 5850s and 6870s are pulling like 1.3 MHs* and people can find used ones at around 100$ per card instead of 500-600$ for a brand new 290. Will a 290 give 5-6x performance? Nope.

* For some reason, series 58xx and 68xx seem to have a factor of 3.6-3.8x compared to Scrypt.
3867  Economy / Economics / Re: What should be the Price of Bitcoin in US$ on: March 07, 2014, 09:12:12 PM
I believe US $ Bitcoin price should be that of gold for it be financially stable.

The "price of gold" is the price for 31.1 grams (troy ounce).

There are like 5.7 BILLION troy ounces of gold and only 12 million bitcoins. 1 bitcoin corresponds to ~15kg of gold (12mn bitcoins vs 180.000.000 kg above ground gold) in terms of scarcity.

In terms of rarity, even the 1oz gold eagle coins issued by the US Mint are more plentiful than bitcoins. And that's just one bullion coin, for a certain weight. There are tens of gold coins, weights, different countries, different years etc - making for hundreds of million of ounces in coins.

Given that:

a) As a collectible, Bitcoin is the first decentralized coin with high rarity (like saying "the first coin minted on metal" - but that's the first coin which was digitally minted so to speak)
b) Bitcoin is ahead of gold in scarcity / rarity compared to gold
c) Bitcoin is more difficult to mine than gold
d) Bitcoin provides a service of online payments which is an enormous business of over >100bn $
e) Bitcoin is ensured to increase in fiat terms due to the tremendous increase of fiat monetary supply - and that's especially true for 4/5 of the countries around the globe which have weaker currencies than the USD or EUR
f) Bitcoin, unlike gold, is not subject to paper manipulation and fractional schemes that have leverages like 1:100
g) Bitcoin can be "squeezed" to very high prices with a few hundred thousand to a million BTCs demand (because the supply is simply not there to cover such demand)

...it seems that it has all the fundamentals in its favor to reach 5-6 digit prices (yes, 6 digits as in XXX.XXX USD). Whether it will or not, is dependent on people's perception of how much it's worth.
3868  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.5.2 Released, please update! on: March 07, 2014, 08:38:55 PM


If I had 10k euro invested, I'd take out at least my investment capital. Fundamentally, there's no future in a "let's issue a few hundred billion coins for the fun of it". Kittehcoin died, despite a reduction to 25bn, and DOGE will die too - the coins in circulation are simply too many and the inflation is bad too. It's bad economic planning from a coin which wasn't even intended to be serious. That's my take on it, at least.

I love the stupid dog face, it's epic trolling with the "such currency", "wow" etc etc, but 10k euro? Just get the capital out so that you won't have RL losses and leave some of the profits behind if by any chance the coin goes to the moon. (Personally I'd also cash out the profit and taking the "risk" of losing a future spike).




Nope... you just don't understand how crypto's work and what Dogecoin is aiming for.... Inflation is good for doge in the long run...

Inflation is good to secure a network but it has to be spread out over a long period. If you aim to issue all the coins in one year, then you have a problem in your hands for the future-proofing of the coin. And if you "fix" that with an endless number of coins, you are violating basic economic rules.

If you have coin A and coin B and their only difference is the scarcity of A, the price of A will be larger in the long run. This means that coin B is not good as an investment & store of value, except for quick profit making.

If you think that the founders of Bitcoin knew not of these things and that DOGEcoin "fixed" their flaw, ok, then sell your house and buy DOGEcoins. Maybe you can buy a mansion. Or you can end up homeless, living on the streets with the dogs Tongue

Bitcoin could be mined for 140 years. It means bitcoin is inflation in your whole life. 5B new doge every year means, it is a very small inflation and the inflation is reducing every year.

Bitcoin = finite
Dogecoin = infinite

Bitcoin = scarce
Dogecoin = abundant

Finite / scarce = better price than infinite / abundant. It's just the way it goes with supply and demand. Basic economics.
3869  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scryp on: March 07, 2014, 07:07:16 PM
Small thing that has been on my mind a lot about DarkCoin.

On the main page it says 84 Million coins.

It makes it sound like a lot, but from the block size and bunch of other factors, didn't someone say we would only get to 10 million? Or 10 million in x amount of years.

My thinking:  If someone comes to read the specs, and see that 84 million DarkCoins will be around in the future, it gives the impression that this coin is less scarce that it really is.

Wouldn't be be better to give a rough outline of the predicted amount of coins that will be in circulation per year?.......to show people really how scarce this coin is? (and will continue to be, it's bloody hard to mine)  I'm sure this will help the value of the coin.

What are your thoughts fellow DarkCoin miners / owners / investors? Smiley

It will be 84mn but over a very long period of time...
3870  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scryp on: March 07, 2014, 06:53:27 PM
I love how useless the BTC38 votes are. Riecoin - Ok , YBC and Billiocoin? Not ok. YBC was added simply because it's a chinese coin.

Well, if DRK is not added = their loss...

24hr volume @ cryptsy:

DOGE/BTC    Dogecoin    1052 BTC
AUR/BTC    AuroraCoin    416 BTC
LTC/BTC    LiteCoin    357 BTC   
DRK/BTC    DarkCoin    123 BTC   
MZC/BTC    MazaCoin    78.9 BTC   
VTC/BTC    VertCoin    68.3 BTC   
MINT/BTC    MintCoin    65.3 BTC   
FLAP/BTC    FlappyCoin    54.7 BTC
DOGE/LTC    Dogecoin    51 BTC   
NXT/BTC    Nxt    46.5 BTC
MOON/BTC    MoonCoin    40.9 BTC   
QRK/BTC    Quark    40.9 BTC   
UTC/BTC    UltraCoin    39.7 BTC   
WDC/BTC    WorldCoin    36.3 BTC   
MAX/BTC    MaxCoin    36.2 BTC

3871  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 04:54:48 PM
Satoshi = John Titor.

You are close, in a way. Satoshi is, "somewhat" of a time traveler, bringing the future protocols of humanity's modus operandi to this day and age.
3872  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scrypt on: March 07, 2014, 04:12:12 PM

+Celeron E3200 dual core (Wolfdale) / 86 khash @ 2.4 GHz (cpu miner 1.2c)



3873  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scryp on: March 07, 2014, 02:44:47 PM
Yeah guys, need to get some hashing power into another pool. Coinmine.pl is over 80% of the network now

you should all keep at least one pool as a failover in cases like these



WTF?!?!?! How has coinmine increased in hashing power despite the warnings. Has the admin there still not suspended new signups?

There are a whole bunch of reliable pools to pick from now…

Just noticed and disabled registrations

feeleep




thanks feeleep - that's good of you Smiley

what actually happened with other pools? today morning I had 30% of network

Outage in the official pool so mining clients are redirected to alternative pools.
3874  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scrypt on: March 07, 2014, 12:53:22 AM

EVERYONE ON THIS THREAD NEEDS TO VOTE ON EACH OF THE THREE EXCHANGE VOTES BELOW!!!!

BTC38 : https://bitcointalk.org/index.php?topic=501963.0

BTER : https://bitcointalk.org/index.php?topic=502363.0

Bitrex.com : https://bitcointalk.org/index.php?topic=497351.0

Thanks  Smiley

We still need more votes!

Guys and gals, we've started losing on BTER and BTC38 to Coinye and Coin2, a couple of pretty useless coins.  EVERYONE NEEDS TO VOTE ONCE FOR EACH OF THESE, DROP WHAT YOU'RE DOING AND VOTE FOR EACH OF THESE, THEN YOU CAN GO BACK TO SURFING THE NET

Although I voted, I wouldn't worry too much "losing" to ...coinye.

DRK was a "smash" on c-cex, doing very heavy volumes, and now it's a smash on Cryptsy as well (playing between 4th and 7th position in terms of volume).

Exchanges want good-volume coins, and that's what DRK is. If they don't add it, it's their loss and another's profit. There was some guy from one exchange requiring money to get DRK listed, well, nobody paid him and he still listed it nonetheless. I suspect that's how it's going to go with the voting also - even if a shitcoin gets on top. DRK is consistently in top20 of coinmarketcap, it's doing good volumes, so it's an ideal coin for an exchange to have it and make money from the fees involved. If exchanges want to lose money they should add the shitcoins instead Grin
3875  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scryp on: March 07, 2014, 12:14:31 AM
by being super anonymous coin, does this mean this coin is harder to hack/steal, because its annonymous? just wondering..

Stealing wallets is pretty much the same for every coin, but if others don't know what you have due to anonymity, then obviously you are less of a target.
3876  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scryp on: March 07, 2014, 12:03:25 AM
Do we see DRK taking over LTC as number 3? By my calcs that would put DRK at around $140. What scenario would get us there?

There are too many scenarios that can get you there, lower, or higher. But in the end of the day it's all speculation, trying to predict things that are highly volatile and dependent on other factors.

I tend to see it like this:

If ~10% of the BTC + alt user (let's say 10bn market cap) opt for anonymity, that's 1 billion dollars right there for the anonymous coin market - which is now veeeery small.

If 5% of the BTC+alts opt for anonymity, that's ~500mn dollars.

If 1% of the BTC+alts opt for anonymity, that's ~100mn dollars.


3877  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First 100% Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than s on: March 06, 2014, 11:05:10 PM
DarkSend Beta Version 3 is Live!

Last night I figured out how to make DarkSend completely anonymous. What's even better is it's simple and elegant. Before I had said I thought I could get to 95%, I think now with this model I can get to 99%+.

So what's new? Check out the V3 announcement PDF: http://www.darkcoin.io/downloads/DarkSendv3.pdf

If someone uses a different pool size, say the 1000 DRK pool for 15 DRKs, or the 100 DRK pool for 20.000 DRKs, what will happen?

The pools will be for ranges, if you want to send 0-100 you'll use the 100 pool. 100-1000 will use the 1000 pool, etc.

Yeah I mean if it becomes open source and then someone maliciously changes the code so that one can send whatever he wants to any type of pool, will something break or will the pool simply reject any non-conforming value?

All darksend messages are inspected and depending and valid, they will be propagated. So, no that type of attack won't do anything but get you banned from talking to a node.

Ok... that's what I wanted to know (the implementation's strength versus people doing things that they weren't supposed to, in order to find and exploit some bug).
3878  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First 100% Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than s on: March 06, 2014, 10:58:08 PM
DarkSend Beta Version 3 is Live!

Last night I figured out how to make DarkSend completely anonymous. What's even better is it's simple and elegant. Before I had said I thought I could get to 95%, I think now with this model I can get to 99%+.

So what's new? Check out the V3 announcement PDF: http://www.darkcoin.io/downloads/DarkSendv3.pdf

If someone uses a different pool size, say the 1000 DRK pool for 15 DRKs, or the 100 DRK pool for 20.000 DRKs, what will happen?

The pools will be for ranges, if you want to send 0-100 you'll use the 100 pool. 100-1000 will use the 1000 pool, etc.

Yeah I mean if it becomes open source and then someone maliciously changes the code so that one can send whatever he wants to any type of pool, will something break or will the pool simply reject any non-conforming value?
3879  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First 100% Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than s on: March 06, 2014, 10:48:06 PM
DarkSend Beta Version 3 is Live!

Last night I figured out how to make DarkSend completely anonymous. What's even better is it's simple and elegant. Before I had said I thought I could get to 95%, I think now with this model I can get to 99%+.

So what's new? Check out the V3 announcement PDF: http://www.darkcoin.io/downloads/DarkSendv3.pdf

If someone uses a different pool size, say the 1000 DRK pool for 15 DRKs, or the 100 DRK pool for 20.000 DRKs, what will happen?
3880  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scrypt on: March 06, 2014, 10:19:33 PM
Here is what I have so far for the Hardware list.

https://docs.zoho.com/sheet/published.do?rid=12cbm2fe8ce55abb2476daa0f8c576b442d40&mode=html

If anyone else would like to contribute their info I will take it. Please be specific and provide as much data. If possible add a link to the card(s) you are using.

For the 6850* and 5830** (same overclocking settings) my hashrates are 1050 and 958 respectively with sph-sgminer 4.1 (so you may want to add it).

If you are collecting CPU data, I think we can add info for that too.


* --kernel darkcoin -I 18
** --kernel darkcoin -I 17 --shaders 1120 --thread-concurrency 14
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