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621  Alternate cryptocurrencies / Altcoin Discussion / Re: Towards a better proof of work algorithm on: August 20, 2014, 05:36:51 PM
I honestly don't get this whole anti-GPU stance.
You guys probably have all hi-end iSomethingmeaningless 100+ processors in your boxes.
622  Alternate cryptocurrencies / Altcoin Discussion / Re: What coin will surpass bitcoin? on: August 20, 2014, 05:32:36 PM
Surpass BTC... in what terms?
Market cap? I don't think so. What BTC is: a replacement for long-distance, at-least-2-zeros transactions, also compatible with a lot of internet services... but too slow for brick-n-mortar. In terms of adoption it will be surpassed in the near future.

The extra privacy of cryptonote coins could be their driving force... or their biggest problem. For more traditional solutions, I see multi-pow as a step forward in building something meant to last.
623  Other / Beginners & Help / Re: Even us *legendary* members were *newbies* once on: August 20, 2014, 05:27:02 PM
Hello CIYAM, thanks for the warning!

I am surprised to know members here sell their accounts. I assume that means they're not flush with money as everybody says? Tongue
I have a pretty well considered profile on a long-standing website but I'd never sell it!
624  Alternate cryptocurrencies / Mining (Altcoins) / Re: GPU Mining profitability is a joke on: August 20, 2014, 04:36:04 PM
Gpus are dead for mining guys
But then, from where does the hashrate come from? I cannot quite believe they are all FPGAs.

Honestly, I grow increasingly confident there might be an elite of miners with access to better kernels, especially the case for X algos... but there are likely other surprising candidates...
625  Alternate cryptocurrencies / Mining (Altcoins) / Re: AMD FirePro S9150 Server GPU on: August 20, 2014, 04:30:16 PM
Memory isn't very useful in hashing.
AMD should seriously consider doing mining-oriented cards with a single 64 bit controller but a big (40 CU) die.
626  Alternate cryptocurrencies / Altcoin Discussion / Re: Towards a better proof of work algorithm on: August 20, 2014, 04:25:23 PM
I'd suggest trying to come up with an algorithm ...  Inverting big matrices (1000x1000 or up) is a good example.
No it isn't. Put that in your head: every single algorithm can be ASIC'ed. It's as simple as that.
By contrast, multiple algorithms cannot, unless you multiply your investment and risk.
Floating point? Really? They don't give the same results even across different models of the same processors let alone different architectures. Validation would thus have to go through an accurate, deterministic, hardware-independant path. Not going to happen.

Ah, by the way: computation does not belong to CPUs anymore. It hasn't been that for at least 10 years.
627  Alternate cryptocurrencies / Mining (Altcoins) / Re: NeoScrypt: The Future of CPU and GPU Mining on: August 19, 2014, 06:22:17 PM
Quote
My Cuckoo Cycle PoW spends 67% of its time on memory access. In other words, if you leave out all memory accesses, and just do the remaining computations, then runtime reduces to 33% of original.

That's what I would call "memory intensive".
And I'd fully agree with you tromp! By contrast, original scrypt is compute bound and neoscrypt seems to be even more so.
628  Alternate cryptocurrencies / Mining (Altcoins) / Re: NeoScrypt: The Future of CPU and GPU Mining on: August 19, 2014, 06:20:32 PM
Arithmetic intensity, also known as ALU:TEX ratio... anyhow if it's not for GPUs then I guess this is the future of CPU mining?

I am very confused and I cannot make any sense of what you just wrote.
629  Alternate cryptocurrencies / Mining (Altcoins) / Re: NeoScrypt: The Future of CPU and GPU Mining on: August 19, 2014, 03:52:46 PM
Why don't you look at the documentation on GPU programming?
Original scrypt was already compute bound. Neoscrypt is even more compute bound. People in GPU programming would go great lengths to have half the arithmetic intensity original scrypt had.

I'll ask you again: what does "memory intensive" mean? Fetching some memory every once in a while isn't an "intensive" operation.
630  Alternate cryptocurrencies / Mining (Altcoins) / Re: NeoScrypt: The Future of CPU and GPU Mining on: August 19, 2014, 12:21:10 PM
Considering the massive amount of computation, what does "memory intensive" mean?
631  Alternate cryptocurrencies / Mining (Altcoins) / Re: NeoScrypt: The Future of CPU and GPU Mining on: August 19, 2014, 09:45:39 AM
I have a lot of trouble understanding.
Claimed to be harder on memory, takes 20 rounds of salsa (already too much to be memory-bound) adding other 20 rounds of chacha?
Half the memory amount, paper claims to be "1.25 times more memory intensive"... due to cache effects I assume?
Anyway, scrypt was compute bound... I've been looking at this for a few days and I cannot understand what's the whole point.  Huh
632  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Myriadcoin.0.9.2.3 Update | Multi-vPoW | Simplicity v0.2 on: August 19, 2014, 09:34:58 AM
Qubit merged mining would be awesome
Yes indeed! Both Qubit and Groestl are fairly nice algos they should have got more success. Unfortunately Q2C is dead and GRS... I'd rather not comment on it. Qubit, groestl or groestl-myr all make more sense than X1something so bad they had so limited success!
633  Alternate cryptocurrencies / Altcoin Discussion / Re: Darkcoin falls by 50% over a few weeks discuss - (not moderated) on: August 17, 2014, 07:45:40 AM
What is the place of DRK?

Their anonimization tech was based on obfuscation as opposed to real cryptographic strength as far as I understood.
VTC rolled out stealth wallets which seem superior in nature.
If that's still not enough for you, here goes CryptoNote (even though I'm not 100% at home with them).

If I'd be the dev, I'd honestly make me some questions at that point. Or maybe not.
634  Alternate cryptocurrencies / Altcoin Discussion / Re: Quarkcoin falls by 17,000,000,000% over a few months discuss - (not moderated) on: August 17, 2014, 07:39:36 AM
To be honest, I only see it mentioned here. I'm afraid only MYR is close in terms of mentioning. Sure I had difficulty back when I searched for more info on it, honestly, I was fairly surprised and I assumed it was just dead!
635  Alternate cryptocurrencies / Mining (Altcoins) / Re: Hows that 6070 GPU vs 280x ? on: August 15, 2014, 06:01:35 AM
Only if you can take bet on someone releasing this new kernel (if not, get VLIW). Half of it is already published but it is not known if we'll get to see the other half.
636  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Myriadcoin.0.9.2.3 Update | Multi-vPoW | Simplicity v0.2 on: August 14, 2014, 04:34:24 PM
Due to popular demand... /r/Jobs4Myriadcoin and /r/MyriadcoinBeg are now open.

The are bare-bones as of now but feel free to post stuff.
Opened already? Talk about listening to your userbase!  Cool
637  Alternate cryptocurrencies / Altcoin Discussion / Re: Nothing interesting on Bitcointalk - Where is the innovation? on: August 14, 2014, 12:35:24 PM
The only true ASIC resistant crypto is one that doesn't use any form of POW in the regular sense
Fuserleer, why GPUs used to be ASICs but are now generic processors?
638  Alternate cryptocurrencies / Mining (Altcoins) / Re: Hows that 6070 GPU vs 280x ? on: August 14, 2014, 06:52:44 AM
I wouldn't buy a 6000 card right now. Should a series 7000 card kernel be released, you'll be left in the dust.
639  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin is officially dead on: August 14, 2014, 06:47:22 AM
I don't care. I haven't even bothered cashing out from the pool. That says all.

I was thinking about selling them for VTC however, or perhaps some XMR. Beware it's an epic sell of over half a LTC LOL
640  Alternate cryptocurrencies / Altcoin Discussion / Re: Nothing interesting on Bitcointalk - Where is the innovation? on: August 13, 2014, 05:03:01 PM
Multi-pow going beyond asic-resistant to something which allows everyone to keep on mining the same coin with less worries?

To those saying a asic-proof coin cannot exist: can you guess why GPUs used to be ASICs but they are now generic processors?
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