It's about putting the burden on someone else. If i can just set my miners and not worry about the day to day trading, and only receive the coin i want... then great!

Why not just mine at a pool for that coin? I probably net more this way than direct mining.

So I think Hashcows is already doing something similar. (payout in other than BTC)

You can see a post about it on their News page: https://hashco.ws/news/ (march 25th)

Glad to see more pools adopting this idea though. I would love to paid out in DigitalCoin only.  

As for payout of specific alts mined and trading the rest out, they have been doing that for quite some time now.

Can't hurt to have more pools doing this though.

This is a good idea, so like... A miner aggregator that handles the offloading of jobs based on detected algo?

That would make it incredibly modular.

Ahmed! That would be fantastic. Thats one part of the puzzle right there.

If you dont pay for a service, the information you give them is the payment.

Images are broken.

Looks cool though, ill check it out!

obligatory reserved

First off, this is just an idea session. I dont claim this is perfect. I just want to throw these ideas out in the hopes that it sparks something. If i had the skill to code this myself, I would. This is self moderated to stymie trolling. Please bring your arguments and counter arguments, but lets be civil.  

The Problem:
There is a serious need for a single miner that can hash multiple algorithms. There are many forks of the incumbent cgminer and we need to have a single miner that can support various algos in a stable and scalable way. (relevant xkcd https://xkcd.com/927/)

Whats in it for me?:
You will be able to take your favorite/current mining OS (Bamt, linux proper, smos, potato, windows) and replace your existing "cgminer" and easily be able to move between coins/algos/pools at a whim.
*controversy* Multipools can now take advantage of switching algo's and coins to further rape and pillage the CryptoCurrency landscape. You may or may not be in favor of this, so let try to not turn this into an argument about multipools.

There is already x project in the works so stfu:
Great! I sure hope so, but it seems like noone has quite done it to the caliber of a static cgminer deployment. The name of the game here is stability and scalability. If anyone else is already close to having this to market then this post just fades out. But if they are stuck, or worse yet, nobody has really gotten anywhere, then maybe this will turn into a great brain storming session.

The approach:
Hopefully you still care at this point, cause this is where we need a community effort!

I do not claim to have an indepth understanding of C, opencl, GPU architecture, why BCX acts like that, or ckolivas' favorite breakfast cereal... but i did compile sgminer to to do keccak one time and i thought that was pretty damn cool.

What needs to be done:

• Create a single opencl instruction set that contains all algorithms in a way that they are only parsed when called by the active algo. Something like functions in php (yea i know, php is the only lang i know)
• Modify Stratum to support passing a flag or parameter to the client indicating an algo change. Something the VARDIFF mechanism already in use does
• Use a single config file to specify what algos are enabled on what pools, and what the devices config should look like for each algorithm. http://pastebin.com/UrgTirjr

How does that help?:
It gives us a way to cleanly replace existing forks, have a single instance of cgminer running at a time, not require GPUs to spin down/up on changes as drastically, not have to restart the whole miner process, and allow new algos to be easily added in by creating the necessary instruction set in the main .cl.

Well shit, how do we do that?:

Fucked if i know man, I told you... If i could do it myself I would. I dont even know if it can work this way.... I'm just throwing out ideas, hoping the community takes hold and something comes of it.

Discuss...

We were playing a bunch earlier. I lost an ace high flush to a strait flush... I aint even mad.

I vote DGC. Been around quite awhile and Baritus is one of the most competent Devs on the scene, IMO.

I would also like to see XPM, as that provides some real use for the electricity spent.

Lets see, what other coins am I holding...  

I was playing some yesterday and today too. Very smooth app.

I would like to see some 7card stud in the future.

Well done.

I really like this. Nice work ^^

+1 DigitalCoin

I guess what I don't get is: If it was a theft of personal funds, why does Baritus owe us anything?

It wasn't CAve Funds
It wasn't customer funds
It wasn't DGC Developer Funds

He trusted someone he shouldn't, and we are nailing him to the wall as if none of us have ever made the same mistake.

CAve got exploited. Which exchange hasn't?

How many exploited exchanges acted in the interests of security and its users, instead of keeping trading open to get those transaction fees.

My take: This thread is entirely too heated and with all of these personal attack posts between proponents and opponents, Baritus' best move here is to not play.

We really need to decouple the goings on of CAve, and the personal Theft of a Dev.

I will not be responding further to this thread, so do not bother antagonizing or PMing me about it.

I'll be continuing to watch from the sidelines. Let's try to stay civil everyone.

Solomining confirmed successful


10:43:06

listtransactions


10:43:06

[
{
"account" : "",
"address" : "3HMwkZLFtBsrhS8KGR7CobzAoGFxbCRAcc",
"category" : "immature",
"amount" : 0.00000000,
"confirmations" : 5,
"generated" : true,
"blockhash" : "0000000000419d5a60f267c77bd469ff67e81425f06de941f865c79f87562602",
"blockindex" : 0,
"blocktime" : 1394304034,
"txid" : "1b2dfed62c06d93ebb267ebae1a2075c3599489452e3a766088434ce7194ae22",
"time" : 1394304034,
"timereceived" : 1394304050
}
]

10:34:29

{
"blocks" : 50,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 127.54846656,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 2129,
"pooledtx" : 0,
"testnet" : false
}


Things look good. No premine by Dev team

Succesful Launch IMO.

Just pointing this out

Blocks 0-250 are 0 reward
Blocks 251-500 are double reward to catch up

at 60 sec block times, that a little over 4 hours before rewards start.

Everyone calm down. Once wallet syncs and we are on block <100 youll feel much better.

 

I would suggest something a little more established, something along the lines of;

PrimeCoin XPM
CrytogenicBullion CGB

Very cool! Bookmarked

I am glad to hear!


This was also a concern, but I didn't want to nit pick, glad more people have a chance to prepare.



I still look forward to this, and given your new approach, I have much more confidence in this coin, as should other miners. Not may Dev teams consider what others have to say. This clearly shows you have no intention to stealth insta/premine, and for that you have my support.

Go 365Coin!