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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [SHA256] Coming 15th august - ASD Coin on: August 14, 2014, 08:51:44 PM
please release github source code prior to launch!
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Let's Talk Bitcoin advertisement || Prypto Partnership on: July 20, 2014, 02:47:34 AM





what the fuck are you smoking boy ? you got 20 people looking at ahmed's feedback page and wondering if they've gone blind/insane, that feedback comment DOES NOT EXIST WHAT THE SHIT ARE YOU READING ?

That's all you got to defend yourselves with? "what the fuck are you smoking"? Can't you do any better than that? Do you think everyone is a complete idiot? I'm amazed by your attitude.

If you can't address the issue, do yourself a favor and don't say anything.

You've got a bitcointalk screenshot (unadulterated - get your experts out to try and suggest otherwise) with his feedback rating and one user's comments staring you in the face with that post.

Brilliant!

So, just what are YOU smoking?




Ok I found it and I take back what I said but still ahmed's trust score is ZERO

ahmed_bodi 0: -0 / +0(0)

ZER-OH ... can you dig it ? why am I talking to you? you're obviously spouting nonsense for ulterior reasons ...


It's zero now because I just deleted my negative trust score. Now nothing shows. If before it was showing -6: -1 / +0(0) and now it's nothing and you have an issue with BitCoin Forum's trust algo, get in touch with their admins, okay?

Can you dig it ?


foodies, you need to get more serious. This is BitCoinTalk, not reddit. Wink



Hahaha oh man.... was gone for the day and came back to all this entertainment.

HR, really man?

One: You've depicted the voting system incorrectly, then backpedaled on your own negative comments.
Two:  You've demonstrated that you have(rather, had) very little understanding of how P2Pools work.
Three: You've gotten Ahmed to finally post his source for a myr-groestl P2Pool (awesome, thx!)
Four:  You write well.  Well enough in fact to fool the casual readers of this thread.  Yet, you're flat out wrong about Ahmed, and the myr dev team as a whole (pretty shitty move btw).  You're either trolling, or kinda stupid.  You write well however, so I'm going to bet that you're trolling Smiley

I go about my day, and in the back of my mind I'm all like "do di do, I wonder how Polymyr is doing.  I bet the guys are working pretty hard on that shit.  whee!".  I come home, and open the forum to all this shit.  The busy dev with an overflowing plate having to waste time dispelling fud and his credibility.  Getting called a fraud, people being called children... like dafuq?

Reminded me of a song:

Quote
"Bankrupt On Selling"

well all the apostles-they're sitting in swings
saying "i'd sell off my savior for a set of new rings
and some sandles with the style of straps that cling best to the era"
so all of the businessers in their unlimited
hell where they buy and they sell and they sell all their
trash to each other but they're sick of it all
and they're bankrupt on selling
and all of the angels
they'd sell off yer soul for a set of new wings and anything gold
they remember
the people they loved their old friends
and i've seen through'em all seen through'em all and seen through most everything
all the people you knew were the actors
all the people you knew were the actors
well, i'll go to college and i'll learn some big words
and i'll talk real loud
goddamn right i'll be heard
you'll remember all the guys that said all those big words he must've
learned in college
and it took a long time
i came clean with myself
i come clean out of love with my lover
i still love her
loved her more when she used to be sober and i was kinder
 

Forget this mess.  Get back to work:)
 
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities on: July 15, 2014, 09:26:08 PM
If it is that good, why is no one buying it?

Edit: Point is people talk fucking big (including the Devs) and then they mess around. Having said that i am holding few to see how it goes, i can put another BTC but not sure if it is worth it.

I'd guess that most people that can see where this coin is going have already rented mining rigs and are raking in a ton of coins.  The profitability even at the current price is very good; it's better to mine it.  the current difficutly is over 4 million, when I look at the pools I see multiple workers over 35TH, shits crazy.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Prypto Partnership --- Donate to Exhumed Race game on: July 12, 2014, 04:18:54 PM
What would stop a botnet operator from making his own wallet implementation that bypassed said throttles? I feel like this would have to be apart of the coin itself.

You're probably right. Wallet hacking would be a huge vulnerability, but I don't know enough about the technical aspects to be able to intelligently comment on this. Hopefully we'll hear from others with more specific knowledge on the subject.

But the general idea would be to do as much as possible with the wallet, and only the absolutely necessary with the coin.



unfortunately botnet ops wouldn't even need to hack the wallet with this idea.  They'd just have to create a payload that deployed a headless version of the wallet, created an address, started mining, and then use the api to send the funds back home.  It would take a tiny bit of scripting.

also, if it had some kind of ram requirement (like 16gb) it would only work with 64bit systems, with enough memory.  Not a solution for everyone...

I like your spirit though:)


5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Prypto Partnership --- Donate to Exhumed Race game on: July 11, 2014, 06:37:28 PM
Do you really think so? Where are you getting your data? Blocks are being mined at an equal rate (more or less) regardless of the algo being used.  http://myriad.theblockexplorer.com  And the block reward is the same.

Yes I have used this page. On that page you have an information how many coins you are getting per unified MH unit.

340 MYR / MH day by Sricpt
2805 MYR / MH day by Skein

Of course this data fluctuates with every block a bit.

My SKEIN GPU rig has power usage 300 W / 1 MH = 2805/300 = 9,35 MYR / W
My SCRIPT ZEUS Blizzard miner has 38 W / 1 MH = 340/38 = 8,94 MYR / W

Okay, I’ve been going over the numbers, and your numbers are looking better and better, but . . .

Should it be the case that you are correct, the ASIC issue would be mute since effective reward adjustment would  be already happening on an individual miner, per MH/s, basis.

Looking at things from the total number of coins mined and their distribution to individual miners on a 1 MH/s basis, we move in your direction, but are unable to arrive at a similar conclusion with respect to Scrypt (on the other hand, the numbers suggest that SHA-256 should be effectively neutralized).

I’m going to use the numbers taken from the following snapshot.



Let’s divide the 120,000 coins mined each hour by the 5 algos doing the mining.

That leaves us with 24,000 coins, per hour, for each algo.

If we then divide those 24,000 coins by the respective algo hashrates, we come up with the following results:

Scrypt = 14.916096 coins per hour per MH/s   
SHA-256 = .0011722 coins per hour per MH/s
Groestl = 2.2573363 coins per hour per MH/s
Skein = .3992414 coins per hour per MH/s
Qubit = 8.4299262 coins per hour per MH/s

That’s simply dividing the reward by the collective hashrates. The per hour, per MH/s distribution is what it is.

Same machine DAILY results would be roughly the following:

Scrypt = 357.9863 coins @ 1 MH/s   
SHA-256 = 28.1328 coins @ 1 GH/s   
Groestl = 920.9932 coins @ 17 MH/s   
Skein = 1197.7242 coins @ 120 MH/s   
Qubit = 1143.0979 coins @ 5.65 MH/s   

That’s how the global numbers are divvyed up (give or take a few KH/s).

Why would the SHA-256 settle for so little? Do they really have much choice? Anywhere else to go? . . . instead of turning their ASICs into very expensive paperweights . . .

By these numbers, Scrypt ASIC is still hauling them in (on a relative basis) and have a long way to go before falling below breakeven (when using the 7 watt gridseed as electricity cost basis, even more so).

So, is this issue a non-issue with respect to SHA-256? Or still an issue since they are so desperate as to keep mining when it’s a losing proposition and throwing good money after bad?

These numbers suggest to me that the Scrypt ASIC continues to be an issue - until their numbers grow sufficiently so as to reduce their per MH/s rewards below profitability. Just where that equilibrium lay is still an unknown, but we can be quite sure it’s at some lower price rather than a higher price . . . as long as ASIC is part of the picture (unless their numbers and crowd herding gets as crazy as the SHA-256 crowd).

BTW, what are the components of your SKEIN GPU rig?



Awesome.

I think one of the missing pieces of the puzzle is the current market prices of the gear to get these hashrates.  A quick look online at one of the local (Toronto) vendors in my city gives me these rough estimates (please correct my math if I'm wrong!!) :

bitcoinware.net


prices in cad:

1mh worth of scrypt (gridseeds): $180 --> .018 per hash
2gh worth of sha-256 (antminer u2): $20 (or ~$10 per gh) --> 0.0002 per hash
17mh worth of groestl (750ti x 3): $525 --> 0.003 per hash
120mh worth of skein (270x): $240 --> 0.002 per hash
5.65mh worth of qubit (280x): $390 --> 0.007 per hash


Ok lets look at the other end of the spectrum:

~400mh of scrypt (knc titan): $6420 --> .0016
~1th of sha-256 (any 1th miner): ~$2000  --> 0.0002
~240GH skein (~10 x 280x + other parts, not assuming wholesale): ~$5000 --> 0.002

So, unless I've entirely messed this up, the most profitable mining solution is sha-256 at this current point in time.  Second to this is a large scale scrypt miner.  Problem is the spread between small and large scrypt rigs.

From what I can see, it's a bit of a catch 22.  If we try to adjust the difficulties to balance the numbers (say a higher difficulty ratio for scrypt, sha-256)  it might actually screw over the little guys while curbing the big guns (with scrypt only).  Either way there is a definite skew in scrypt asics, to the point where it is a problem that is being overly exacerbated by multipool contribution.

Any thoughts on how to address it? some kind of dynamic localized difficulty retarget?  Drop scrypt because of it's inherent unfairness and support it through polymyr instead?  Some other awesome idea?

We probably shouldn't mess with the sha-256 difficulty either though, if the goal is to one day have the myriad platform pulled into the bitcoin repository.
   





6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Prypto Partnership --- Donate to Exhumed Race game on: July 11, 2014, 02:56:22 PM

Just had a look at the pools my gpus are on, and adjusted the numbers.  was a little off!
one nvidia rig pulling ~40mh on groestl ~2000 myr/day
one rig with a 280x and 7970 on skein  ~5000 myr/day
yesterday my solo 1th sha-256 pulled 23k myr.


Yeah, I was asking because rig for $2500 is at least 3,5 MH. You should be able to get at least 10K MYR a day.

Ya, probably less since half of them are nvidia.  Running a modded ccminer.  Groestl seems to work best for them.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Prypto Partnership --- Donate to Exhumed Race game on: July 11, 2014, 02:49:14 PM
As someone who mines both gpu and asic, I must say that my asics are currently making a KILLING with this coin in comparison to my gpu's.  From an investment standpoint, they've cost me about the same (~$2500 usd for asics, ~$2500 worth of gpus), but my asics clear ~25k myr a day while my gpus get around 7000 myr (roughed in numbers, just illustrating my point).

What algo do you mine with your GPU rig?


Just had a look at the pools my gpus are on, and adjusted the numbers.  was a little off!
one nvidia rig pulling ~40mh on groestl ~2000 myr/day
one rig with a 280x and 7970 on skein  ~5000 myr/day
yesterday my solo 1th sha-256 pulled 23k myr.
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Prypto Partnership --- Donate to Exhumed Race game on: July 11, 2014, 02:10:08 PM
Why would anyone want to remove the "ASIC-algos"? It's completely stupid. Let's say you go ahead with that - what will you do once the algos in place get ASICs created for them? Will MYR be forked every time ASICs are created for an algo? MYR isn't being dumped because of that - it's because there is no perception of solidity in the project as it stands right now. Lots of brilliant ideas, a true anti-51% attack system in place which will be utilised by Bitcoin sooner or later - but there is no proper driving force in place. Using cuss words on twitter or bla-blahing any criticism which is leveled at the Development team is a huge turn-off for investors. Start pulling your own weight - and this applies to all the whiners on here as well. There is a dire need for developers to step up the pace on the current projects - why not try searching for any potentially interested guys instead of complaining on here? Why not spread the word positively instead of harming your own investment and spreading FUD? I understand that some of you might be 17-year olds with a bit of money made off Doge or some other crapcoin - but it's high time you realised what the world of investment is like and what it entails. Never, ever harm your own investment.

+1

reddit and twitter should be clean/professional.
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Prypto Partnership --- Donate to Exhumed Race game on: July 11, 2014, 02:07:41 PM
I would like to make this clear here for anyone interested. ASIC miners have the least dump risk of all. Right now the biggest dumping is being done by two entities:
1. multipools because that's what they do.
2. gpu miners because of the high costs of running a gpu mining operation.

Asic miners have the least power consumption and best $/mh ratio so thei have the smallest incentive to mine and dump at these prices.


This is just my reasoning if you feel I'm wrong please comment.


PS: I'm a gpu miner too so there's no need for me to defend asics but I just think that the current schema is the best possible solution to include everyone.

I would take issue with your assumption that ASIC miners have the smallest incentive to mine and dump at these prices. In fact, they are the only ones who can do so at a profit at these prices. I would suggest that the only long term holders among miners at this time would be the GPU miners, or how else could we justify their mining at a loss (short term loss in their minds since they are thinking long term). It would just make no rational economic sense at all to be mining and immediately selling at a loss. That's tantamount to giving your money away to strangers. The GPU miner who is looking to support GPU mining operations currently does so at a guaranteed loss and would be better advised to shut down if not holding for the long term.

My assumptions are based on classical economic theory: if you can produce something at a lower cost, you can also profitably sell it at a lower cost, meaning the price of the product adjusts lower accordingly.

And a 20:1 differential is nothing to shake a stick at.  Wink

(An adjusted block reward would also solve the multipool issue as well.)


As someone who mines both gpu and asic, I must say that my asics are currently making a KILLING with this coin in comparison to my gpu's.  From an investment standpoint, they've cost me about the same (~$2500 usd for asics, ~$2500 worth of gpus), but my asics clear ~25k myr a day while my gpus get around 7000 myr (roughed in numbers, just illustrating my point).

I agree with foodies' notion that we shouldn't really shut the door on any type of mining gear.  
I also think that we shouldn't change myriads block reward system (my prior post was talking about offset block rewards for MERGED coins, big distinction there).
But what about adjusting the difficulties?

edited numers
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Prypto Partnership --- Donate to Exhumed Race game on: July 11, 2014, 02:37:37 AM
I wish it was possible to add cryptonote algo, including its own blockchain, on top of MYR. If not, lets just fork the hashing algo?
Either would launch MYR to the moon!

edit: replace the damn scrypt with cryptonote and we're set for the moon..

You know what, I've thought long and hard about this and I actually agree with you.

We've been discussing the impact of asics for days, and I feel like the common misconception is that it's the asics that are the problem.  It's not the asics, its the multipools, hands down.  No argument there.

I've been repeating myself saying we need asics for polymyr to work, but after re-reading the whitepaper a few times, I came to a realization.  Yes we need asics, but we don't need SCRYPT asics.  The sha-256 asics can cover the whole spread.  The thing that clicked for me was reading about the offset block rewards for the merged mining of alt coins on the network (the whitepaper won't let me copy/paste, go read the future plans section).  If done correctly, scrypt coins could still merge with myr, but with an adjusted block reward to make it worthwhile, we could say screw mining scrypt altogether and still contribute enough buy support to keep scrypt coins' heads above water.

Plus cryptonote is a pretty interesting protocol with it's own unique anon based perks and so on and so forth.

So ya, Primer, I agree with you (fuck!).

We should lose scrypt in favor of another gpu based algo (albeit one that can contribute a unique benefit to myr).  Scrypt is wrought with multipool dumping, and sha-256 can handle super heavy hashrates well enough alone.

Does this keep us in line with the Myriad philosophy?
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Prypto Partnership --- Donate to Exhumed Race game on: July 09, 2014, 03:22:59 PM

MY ANSWER :


Hi bro , :

1) i agree = we need to act like a community , not like assholes = insulting each others = if anybody has an idea = NO JUDGEMENT = ITS CALLED BRAINSTORMING Smiley

2) I totally agree with you = the offer is HUGE comparing to demand = results = price will go down (miners are cashing out everyday = they don't fucking care about the price)

3) I don't know what MAMMMP means , can you explain a bit please ?

4) coin needs also MARKETING , and strong exposure to medias = articles , crypto-forums, advertisement , hire a professional crypto advertising company .



WE NEED INVESTORS = NOT MINERS . INVESTORS WILL BUY MYRIADCOIN AND HOLD (wants to make profit)>> so myriadcoin price will skyrocket and medias will talk about it , MINERS WILL SELL MYRIAD WHATEVER THE PRICE IS (then when total coins are mined or difficulting growing too much = they will go to another coin , so please focus on investors = bring new people to invest in myriad , and focus on daily applications for real life Smiley

Thanks for the constructive input!

Here's a link to the whitepaper for MAMMAEMP  https://docs.google.com/document/d/1R78lUtwnVB9o0CZpYnxWDSyZP-adgfcN4yfu1PM8jzQ/edit?usp=sharing

I think the name the community has settled on is polymyr.  I'll try and give a little tl;dr for the paper.

It's a multi algo merged mining auto exchange multipool, or, the first system of it's kind to combat multipool dumping.   The basic is idea is that a bunch of currencies merge with myriad's blockchain, so that mining myr gives you each currency all at once (across all of myr's algos too remember).  Then you pick which coins to hold, buy, and sell.  Each miner chooses this independently, and will effectively act as a load balancing system across all the merged currencies to prevent dumping from other multipools.

It's a fucking awesome idea Smiley
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Prypto Partnership --- Donate to Exhumed Race game on: July 08, 2014, 11:30:55 PM
I propose to start a vote on what to understand what people want:
1. Protection from Asik.
2. Fight against inflation.
3. Marketing.

4. Your option.

I will add your suggestions and will update the post or will create a new topic.


whoa timewarp back to a few days ago!

1. no. There is no protection from asic's, as I've said in the past (you're welcome to search my posts) the use of asics in the long run are actually the protection, not the problem.

2. I agree that we should be cautionary when dealing with inflation, but as someone else has said the best way to combat inflation is further adoption.  I fully agree with 8bitcoder's (the dev) comment about NOT changing the block reward.  Changing the block reward would set a very bad precedent.

3.  We don't necessarily need marketing, but we definitely need the information to be readily available, and clear.  Again, feel free to search my posts or go to the top of this page to see my opinions on that.

cool man, cool.
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Prypto Partnership --- Donate to Exhumed Race game on: July 08, 2014, 12:59:34 PM


... So ...what can we do?
I have ideas but they involve several adjustments to the code requiring a fork to be made. Albeit they may have done us some good if implemented earlier but I trust the team to for the most part understand most of the proposals and reasons behind them.

There are still many ideas we have yet to hear from others. Personally I dont like the whole marketing theory , as we are not marketing a product to sell, we will just have the best there is to which will attract attention.




What are your ideas?  you never said what they were, just that they would need a fork and should have happened earlier. 

Ahmed's polymyr project should help level the playing field once it's released, but in order for it to really create a lot of buy support, it will need adoption from other currencies.  This will need "marketing", since it'll be all theoretical until it's adopted by enough currencies to have an impact on the sell pressure.  Things like infographics, incentives for adopting, polls, some sort of social campaign, an updated website, etc.  The info needs to be out there and clearly outlined, so that any coin dev/community interested in securing their blockchain knows exactly how well polymyr will work, and why adopting it would be best for their coin. 

We'd need to do a lot of this before launch, so that there is enough currencies on board to act as a solid proof of concept.  Maybe we already are?  Can someone chime in?  I've seen some posts on reddit about inforgraphics being in the works which is awesome, but what about for polymyr specifically?  Once we as a community know what's been developed, and what still needs to be done, we can start spreading the idea to other communities, or offer up time and expertise to knock things off the list. 

Does anyone here play minecraft?  There is a server called minecraftcc that pays out bitcoin for modified blocks ingame.  I play on it quite often and it's a pretty cool idea.  If there was interest for it, it wouldn't be too hard to set up a mining pool and minecraft server where the fees from the mining pool go to the payout pool for the game server.  Would anyone be interested in something like this?


14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Prypto Partnership + Electrum Prypto Plugin! on: July 07, 2014, 12:29:32 PM
Mister 8bitcoder, would you be so kind to respond to the community?

8bitcoder is gone and someone is using his account to post messages and change the OP from time to time..

Satoshi is long gone and hasn't posted in over 2 years. Bitcoin = dead coin.

Satoshi left after years of development, bitcoin community when he left had hundreds of developers. What we got here are clowns. NeuroMode is a noob. Foodies is a noob. Ahmed is very likely a scammer. They cant read nor write code.

Primer. I wish cancer upon you.

I wish the same to you and your entire family.

good now go troll another place you have been here since the birth of christ. whatever medications you are on they are not helping. Tell your doctor that you sit in front of your computer all day and say nonsense. Or if you have autism or auspergers i sincerely feel sorry for you but seriously i just took a look into your chat history and its just thousands of posts all basically the same trolling. Something is not right in your head

You are the one in need of medical (psychiatric) attention. Wishing cancer upon someone is beyond any medically curable disease.

Keep shit on topic assholes.  This is a thread about myriad, not about fud, or personal attacks.

The fud is getting out of hand, to the point where one of the lead volunteers is spreading it himself to try and dispel it.  What's the fucking point?  If you don't like the coin, move to other coins.  If you like the coin, spreading fud at this point isn't going to help you leverage a position.  Contribute the conversation with something constructive, that we can discuss, debate, and fucking work with.

Notice how the difficulties haven't budged? Anyone who really believes in this coin doesn't give a shit about the fud, and at this point not the price either.  Stop wasting time and energy.
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Prypto Partnership + Electrum Prypto Plugin! on: July 06, 2014, 09:38:05 PM
jeez whats with the large fonts .. must be compensating for .... facts
or lack there of:)
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Prypto Partnership + Electrum Prypto Plugin! on: July 05, 2014, 03:50:20 PM
This coin is interesting, but...any update? Dead coin? Sad

This Coin is not dead, but the developers did not want to follow current trends - not remove protected against Asik algorithms (the main problem in my opinion because of which the price falls, and will drop to zero), add new popular algorithms (it lacks the popularity of this coin). Huge potential especially if all updates will be performed.


Look in price dude - falling in down, or open your eyes and not write any more nonsense!

I think you're missing the point of what this coin is trying to do.

Yes, Asic's are providing hashpower to the multipools that are dumping coins everywhere.

Adding a slew of new algo's to any coin is a temporary band-aid.

The projects that are underway for this coin, specifically polymyr, are designed to support the coins that are being dumped.  It'll do this buy providing an auto-exchange between any and all of the coins on the merged network.  This allows anyone to create buy support for their currency of choice by mining any coin(s) on the merged network.  Taking away the ability of mining with an asic would make this a losing battle.  You gotta fight fire with fire.

**edit: shitty sentencing.
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Prypto Partnership + Electrum Prypto Plugin! on: July 05, 2014, 12:42:45 PM
This coin is interesting, but...any update? Dead coin? Sad

This Coin is not dead, but the developers did not want to follow current trends - not remove protected against Asik algorithms (the main problem in my opinion because of which the price falls, and will drop to zero), add new popular algorithms (it lacks the popularity of this coin). Huge potential especially if all updates will be performed.
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Prypto Partnership + Electrum Prypto Plugin! on: July 04, 2014, 11:39:00 PM
Quote
no.  it's a coin for everyone.  its the fucking slogan jeezus.

So if a coin for everyone, tell me where is x11, x13, x15, Nist and other algo?

You understand that Asik destroy everything except "bitkon", look at how the algorithm script it became unprofitable, look at the Litecoin.

"ASIC"'s, or "application specific, integrated circuits" can be made for any algo.  To try and prevent that simply isn't looking forward enough. And no, they don't kill coins.  That's like saying you don't need a car because you have shoes.  Are you trying to suggest that Bitcoin is dead?  Really?  *** Sorry I misread your comment.  However, there are plenty scrypt based coins that aren't "dead".

What is the benefit in adding more algos when there are already 5 in place, three of which have no current asic systems manufactured?  Groestl, Skein, and Qubit are all more power efficient that x11 thru to x999999999 + infinity, cryptonight, scrypt-n, and quite frankly any other algo you'd like to compare them to.  There are very good options for gpu, and even cpu (as far as cpu mining goes) mining with this current configuration.  Thinking otherwise is simply uninformed.



Then I will give specific examples: LiteCoin, DogeCoin if little can be another couple of dozen search.

dude you don't get it.  if you have a gpu, mine any of the three algo's that are good for it.  if you have asics, mine with the appropriate algo for the type of asic it is.

and you dont get it, if i have gpu i get on algo for example skein - 2000 MYR in day and in scrypt for Asic 8000 MYR at equal cost $ 1MH so do you watn mine if its unprofitable?



It's not linear like that.  Each algo has an independent difficulty. Have a look at the block explorer.  Currently.. your "1:1 MH" rigs would be way off, skein is currently about 3 times more profitable because of the influx of asics.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Prypto Partnership + Electrum Prypto Plugin! on: July 04, 2014, 10:17:29 PM
Quote
no.  it's a coin for everyone.  its the fucking slogan jeezus.

So if a coin for everyone, tell me where is x11, x13, x15, Nist and other algo?

You understand that Asik destroy everything except "bitkon", look at how the algorithm script it became unprofitable, look at the Litecoin.

"ASIC"'s, or "application specific, integrated circuits" can be made for any algo.  To try and prevent that simply isn't looking forward enough. And no, they don't kill coins.  That's like saying you don't need a car because you have shoes.  Are you trying to suggest that Bitcoin is dead?  Really?  *** Sorry I misread your comment.  However, there are plenty scrypt based coins that aren't "dead".

What is the benefit in adding more algos when there are already 5 in place, three of which have no current asic systems manufactured?  Groestl, Skein, and Qubit are all more power efficient that x11 thru to x999999999 + infinity, cryptonight, scrypt-n, and quite frankly any other algo you'd like to compare them to.  There are very good options for gpu, and even cpu (as far as cpu mining goes) mining with this current configuration.  Thinking otherwise is simply uninformed.



Then I will give specific examples: LiteCoin, DogeCoin if little can be another couple of dozen search.

dude you don't get it.  if you have a gpu, mine any of the three algo's that are good for it.  if you have asics, mine with the appropriate algo for the type of asic it is.
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Prypto Partnership + Electrum Prypto Plugin! on: July 04, 2014, 09:22:58 PM
Quote
no.  it's a coin for everyone.  its the fucking slogan jeezus.

So if a coin for everyone, tell me where is x11, x13, x15, Nist and other algo?

You understand that Asik destroy everything except "bitkon", look at how the algorithm script it became unprofitable, look at the Litecoin.

"ASIC"'s, or "application specific, integrated circuits" can be made for any algo.  To try and prevent that simply isn't looking forward enough. And no, they don't kill coins.  That's like saying you don't need a car because you have shoes.  Are you trying to suggest that Bitcoin is dead?  Really?  *** Sorry I misread your comment.  However, there are plenty scrypt based coins that aren't "dead".

What is the benefit in adding more algos when there are already 5 in place, three of which have no current asic systems manufactured?  Groestl, Skein, and Qubit are all more power efficient that x11 thru to x999999999 + infinity, cryptonight, scrypt-n, and quite frankly any other algo you'd like to compare them to.  There are very good options for gpu, and even cpu (as far as cpu mining goes) mining with this current configuration.  Thinking otherwise is simply uninformed.

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