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1  Alternate cryptocurrencies / Mining (Altcoins) / Open CryptoNight ASIC on: October 08, 2018, 07:51:28 PM
Project OCA (Open CryptoNight ASIC)


What is it?

This is the essential core code for altASIC's CryptoNight ASIC design. It mines "classic" pre-v7 CryptoNight and can run in simulation, on FPGA, or as an ASIC.

This code represents only the essential "memory hard" part of CryptoNight. altASIC additionally has a complete hardware system design with a software controller, an FPGA for initial/final hashes, a high-speed IO bus and logic board, and state-of-the-art power management.

Why make a CryptoNight design?

We believe specialized mining hardware is inevitable for any proof-of-work. Even proofs-of-work bounded by memory bandwidth, like Ethash or Equihash, have custom hardware (ASIC's) which outperform commodity hardware (GPU's) by economically large multiples. There is no proof of work which has in practice prevented the development of specialized hardware miners for coins with sufficient mining value.

ASICs can be beneficial to a chain, since the hashpower can only work on the subset of coins which select the same PoW. The problem arises with the centralization of manufacturing, and the abuse of power by ASIC manufacturers.

If custom hardware is inevitable, then creative solutions to the threat of manufacturing monopolies must be considered. Some approaches we believe could be feasible:

  • Community effort to publicly publish the most efficient design with open licensing. This allows anyone with the money to produce equivalent chips, leading to many competing companies and close to at-cost ASICs.
  • Non-profit chip design co-op, subsidized by a small portion of the block reward and run by distributed governance. Any for-profit company competing with a blockchain-subsidized Open ASIC manufacturer would have a disadvantage equal to the block donation. This effectively moves the monopoly to a community owned and operated manufacturer.

We believe Open ASICs are the way forward. Long term, the CN tweak schedule and creative new PoWs will be defeated. Rather than evade, we should accelerate commodity ASICs. This open source design is the first step in that direction, and we'd be interested in helping to establish a design co-op and release the first chip.

Technical details and source code here:
https://github.com/altASIC/Open-CryptoNight-ASIC
2  Alternate cryptocurrencies / Service Announcements (Altcoins) / [ANN] Zcash Cloud Mining by Zeropond on: September 14, 2016, 06:14:45 AM
Zcash Cloud Mining by Zeropond

We are experienced Monero miners (over 300,000 XMR) and we are now setting up a datacenter with Zcash mining software preinstalled on every machine.

We've already written great mining software, but we don't have the funds to buy all the hardware.  So we are selling mining contracts now to buy hardware and set up a datacenter.  We are offering a better performing miner than anything on the market, and we'll keep a little margin for profit.

I'm a serial entrepreneur with several successful businesses https://linkedin.com/in/olsontim
My partner Salt has been mining since 2010.

We are a US-based company, and we'll use a datacenter in the Silicon Valley / San Francisco Bay Area.  We have proof of our Monero mining (see website) and we'll be posting references from people in the crypto community we've done business with.

Pre-register now for free:

buy.zeropond.com
3  Economy / Speculation / FOSS Algo Trading Platform on: June 02, 2014, 10:50:11 PM
Announcing Coin Trader, an open-source, Java-based backend engine for algorithmically trading cryptocurrencies.  It integrates with existing libraries for market data and order execution, plus it provides persistence and an event-based architecture for backtesting, algorithm design, and live trading.  It is not quite ready for live trading, but with a few additional contributions we will have a robust algo trading platform.  See the github site for documentation.

https://github.com/timolson/cointrader

Tim Olson
http://linkedin.com/in/olsontim
4  Bitcoin / Project Development / FOSS Algo Trading Platform on: June 02, 2014, 10:18:04 PM
Announcing Coin Trader, an open-source, Java-based backend engine for algorithmically trading cryptocurrencies.  It integrates with existing libraries for market data and order execution, plus it provides persistence and an event-based (Esper) architecture for backtesting, algorithm design, and live trading.  It is not quite ready for live trading, but with a few additional contributions we will have a robust algo trading platform.  See the github site for documentation, and I am happy to provide support via email: shamme – gmail/com

https://github.com/timolson/cointrader

Tim Olson
http://linkedin.com/in/olsontim
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