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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 05, 2014, 05:01:43 AM
What pool isn't PURE FUCKING SHIT because every single one in the OP is terribad.
2  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: March 01, 2014, 04:28:25 AM
Been away for a while.  I am confused.  Why do ppl want a btc refund?  Take cash and buy more btc than you had before.  Hasn't spot been mostly $800-1000 during most of the Neptune pre-order period?

When BTC turn into cash its a taxable event.

When more than $10k gets transferred into your account in the U.S. it fires off a red flag to the IRS

That is why KNC should refund back in the form it was paid in. But they are doing the opposite so that they can have credit for refunding in fiat. The more they have in BTC and the less they have in fiat the better they are too (less taxable events)


Bad news.  It was a taxable event when you PURCHASED the miner, NOT when you refunded it.

Even if you keep your order, it's still taxable
3  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN] profit switching auto-exchanging pool - www.middlecoin.com on: February 16, 2014, 08:48:45 PM
He probably bought his way/otherwise has those insider connections on crypstsy which allow him to bypass the 12+ hour delays on deposits

nothing more you need.
4  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 15, 2014, 06:07:32 AM
Is it possible to get a refund in bitcoin, still calcaulted at 10,000$?  Or does it have to be a wire transfer?
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] microCoin MRC - alcurEX - Scrypt-Jane - nFactor - Now on MintPal on: February 13, 2014, 05:06:33 PM
Why is diff slowing creeping upwards monotonically?  Just more people mining or is it part of the protocol?
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] microCoin MRC - Scrypt-Jane - nFactor - Now on poloniex.com! on: February 11, 2014, 01:36:56 AM
So does everyone get only ~80% regular scrypt hashrates (i.e. like how vertcoin is ~50%), or does the ybcminer just take some tweaking vs cgminer regular scrypt settings..?

i see people before with crazy 3-7MH/sec per GPU, i'm guessing the N factor has changed significantly in the last ~2-3 weeks..?

this is with the gpu-miner/ybcminer linked in OP
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] microCoin MRC - Scrypt-Jane - nFactor - Now on poloniex.com! on: February 10, 2014, 02:37:49 AM
Can't get the wallet working on debian

github doesn't compile (src/scrypt-jane/scrypt-jane.c:30:27: fatal error: malloc/malloc.h: No such file or directory)

the binary linked won't run (./microcoin-qt.bin64: error while loading shared libraries: libminiupnpc.so.9: cannot open shared object file: No such file or directory) nor will the other binary (/lib/x86_64-linux-gnu/libc.so.6: version `GLIBC_2.14' not found (required by ./bin/microcoin-qt.bin64)

?
8  Alternate cryptocurrencies / Altcoin Discussion / Re: The big VTC Vertcoin settings thread on: February 05, 2014, 05:19:57 AM
Trying to get vertminer running on BAMT..

Works, using https://github.com/Bufius/vertminer-gpu.. but weird

cgminer (vertminer) doesn't show the fan speeds.  but it DOES seem to autocorrect.

At the same time, have to go into gpumon to see temps.

And one of my old 7950s seemed to do something pretty wrong, fan was spinning up to 100% quickly and then stopping, check temp - 96C.

anyone else having issues with temp's not being seen in cgminer/vertminer?

I just took all my scrypt configs but made thread-conncurency +1, so basically for ASUS 280x:

intensity 13
worksize 256
lookup-gap 2
thread-concurrency 8193
shaders 2048
gpu-threads 2
gpu-engine 1080
gpu-memclock 1500
gpu-powertune 0

gets me almost exactly half of my regular scrypt hashrate, ~385 kh/sec per card.

edit : Reboot because i thought maybe that would get it to show temps.  Nope, and now hashrate back to 250 kh/sec, EXACT SAME SETTINGS.

edit2 : oh duh, realized i was following a guide too letter-by-letter.. copy ADL files in before running ./buildit.sh, not after, even if they say after.
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VTC] Vertcoin - Adaptive N-factor in Scrypt - No more ASICs on: February 04, 2014, 05:07:28 AM
Has anyone got a slick setup for running BAMT with this?

I've been limited to running it on just my windows box for the time being
10  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 02, 2014, 02:48:04 AM
At what point did KNC's "Q1/Q2" ship date become, either implicitly or explicitly, a Q2 shipdate.

He said 'KNC said', i haven't seen them say anything on their website nor via email in quite a while now
11  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 02, 2014, 01:39:33 AM
So, ~3TH for 10,000$ in 'Q1/Q2' is currently up against ~2TH for $6,000 in may (And a sold out batch of 2TH for $6,000 in april), is this correct?

Plus these other ones like bitmain/antminer/etc

Sounds like you forgot to read the fine print on the Neptune rig info!!

Knc - (we reserve the right to increase this as we get closer to shipment)

We are not closer to the shipment yet so your comparison between 3TH/s and 2TH/s isn't valid, PERIOD!

Cheesy


It's still a worthy comparison. KNC already said Q1 shipment wasn't going to happen, so it'll be Q2.

When was this?
12  Bitcoin / Hardware / Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s on: February 02, 2014, 12:00:28 AM
US companies seems to suck...bitmine is about to ship there goes all our profit making Sad
When I first started mining back in late 2009 with my Xilinx LX240's, I would have been lucky to trade 10K Bitcoins for a slice of pizza

I'm 100% sure you were not mining with Xilinx in late 2009

Sorry mate, anyone from my graduating class can implement SHA-2 algorithms on an FPGA; it is not exactly what I would call challenging. My background is in Electrical/Electronics Engineering and Computer Science, but my top hobbies include research in Number Theory and Cryptography.  Grin

Name:   Supercomputing
Posts:   83
Activity:   83
Position:   Member
Date Registered:   21 September 2013, 09:47:51
Last Active:   Today at 07:18:50


registered 21 September 2013 and claim to mine Bitcoin with FPGA late 2009, what members in this forum has became..... it just amaze me
Congratulations Sherlock Holmes, you've got it all figured out. Now, only if you can figure out Satoshi Nakamoto's true identity, then I will be impressed.

In 2009 there was no need to bother programming an FPGA.  You could solo mine with a Nettop CPU.
I have been implementing crypto and other number theoretic algorithms as a hobby on Xilinx FPGA's since 2001. I already had SHA-2 and ECDSA (binary field) implementations on an FPGA long before Bitcoins ever existed.

No you didn't.
That is so funny I forgot to laugh, FPGA's and the SHA-2 algorithms existed long before Bitcoin
What EVM did you use/what FPGA was your target if you don't mind me asking?
13  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 01, 2014, 11:02:30 PM
So, ~3TH for 10,000$ in 'Q1/Q2' is currently up against ~2TH for $6,000 in may (And a sold out batch of 2TH for $6,000 in april), is this correct?

Plus these other ones like bitmain/antminer/etc

Sounds like you forgot to read the fine print on the Neptune rig info!!

Knc - (we reserve the right to increase this as we get closer to shipment)

We are not closer to the shipment yet so your comparison between 3TH/s and 2TH/s isn't valid, PERIOD!

Cheesy

Right, no i know that.  they also say you can refund (at least the early batches) up to the day of shipping i think it was.

but just because they said they reserve the right to give you more hash power, doesn't mean they will, or perhaps, even can. (either silicoln limits, pcb limits, not enough chips/wafers, or whatever)

I'm still holding, don't get me wrong, but I would like to know what the situation is, and it seems mums been the word from KnC.  Not that i blame them, they and CT have the best technical chops and there's a lot to do.
14  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 01, 2014, 10:48:59 PM
So, ~3TH for 10,000$ in 'Q1/Q2' is currently up against ~2TH for $6,000 in may (And a sold out batch of 2TH for $6,000 in april), is this correct?

Plus these other ones like bitmain/antminer/etc
15  Bitcoin / Hardware / Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s on: February 01, 2014, 10:10:39 PM
6k for an april unit
6k for a may unit, with god knows how many dozen of petahashes added between the april and may units

What?  Why would anyone buy a may unit?
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VTC] Vertcoin - Adaptive N-factor in Scrypt - No more ASICs on: January 17, 2014, 10:20:57 PM
And there goes my trust in this coin, great doing.  Angry


Network Hash rate: 37.730514 Mhash/s

    VTC.POOL.PM - Hashrate: 24 Khash/s - Workers: 4
    LA.VERTCOIN.ORG - Hashrate: 5 Khash/s - Workers: 1
    HK.VERTCO.IN - Hashrate: 28 Khash/s - Workers: 0
    NY.VERTCO.IN - Hashrate: 1.278 Mhash/s - Workers: 5
    EU.VERTCOIN.ORG - Hashrate: 1.978 Mhash/s - Workers: 20
    VTC.KILOVOLT.CO.UK - Hashrate: 6.11 Mhash/s - Workers: 12
    VERT.BITCRUSH.INFO - Hashrate: 22.055 Mhash/s - Workers: 33

Warning, mining on the largest pool can cause problems with the coin. Please choose one of the smaller pools. The smaller pools are automatically moved to the top of the list every 3 minutes.
If the 2nd largest wasn't .co.uk i'd have used it.  I'm not using a pool that's like <10% of the network, and i'm not using a pool that doesn't have US servers.  that's probably why info is so high up.

Also who fucking cares, scrypt altcoins always have pools that are like 40-80% of the hashrate sometimes more during their initial week or two.  especially when multicoin pools switch on they can be like 90%+ (granted this wont happen immediately for this because a different algo but still)

nobody freaks out about >50% when a coin just launched within the last week or two

nobody is trading or using the coin for anything except mining so double spends aren't even a threat

Why are you only mining on US pools ? What's wrong with uk ?
It's just that i'm in the US (as probably most are, or at least many)

I don't trust the overseas connection for mining.  i mean, some pools even have USEAST and USWEST servers.  latency seems to play a key role, i know it sure as fuck does for solomining stuff
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VTC] Vertcoin - Adaptive N-factor in Scrypt - No more ASICs on: January 17, 2014, 10:06:06 PM
And there goes my trust in this coin, great doing.  Angry


Network Hash rate: 37.730514 Mhash/s

    VTC.POOL.PM - Hashrate: 24 Khash/s - Workers: 4
    LA.VERTCOIN.ORG - Hashrate: 5 Khash/s - Workers: 1
    HK.VERTCO.IN - Hashrate: 28 Khash/s - Workers: 0
    NY.VERTCO.IN - Hashrate: 1.278 Mhash/s - Workers: 5
    EU.VERTCOIN.ORG - Hashrate: 1.978 Mhash/s - Workers: 20
    VTC.KILOVOLT.CO.UK - Hashrate: 6.11 Mhash/s - Workers: 12
    VERT.BITCRUSH.INFO - Hashrate: 22.055 Mhash/s - Workers: 33

Warning, mining on the largest pool can cause problems with the coin. Please choose one of the smaller pools. The smaller pools are automatically moved to the top of the list every 3 minutes.
If the 2nd largest wasn't .co.uk i'd have used it.  I'm not using a pool that's like <10% of the network, and i'm not using a pool that doesn't have US servers.  that's probably why info is so high up.

Also who fucking cares, scrypt altcoins always have pools that are like 40-80% of the hashrate sometimes more during their initial week or two.  especially when multicoin pools switch on they can be like 90%+ (granted this wont happen immediately for this because a different algo but still)

nobody freaks out about >50% when a coin just launched within the last week or two

nobody is trading or using the coin for anything except mining so double spends aren't even a threat
18  Alternate cryptocurrencies / Mining (Altcoins) / Re: Gridseed GC3355 -Hybrid Scrypt/SHA256 ASIC on: January 17, 2014, 09:55:56 PM
You pay 60$ a chip, they pay 1$.  They will push as many GH/sec as they can as fast as they can and mine themselves.  For them, these chips pay themselves back measured in hours.

If anyone is dumb enough to buy their chips, they will put out several dozen for every one you buy, funded entirely by you.

Scrypt is dead.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Ethereum: 2nd gen cryptocurrency with contract programming, "dagger" hashing on: January 17, 2014, 09:43:26 PM
Modern Scrypt mining by far has the most decentralized/fair distribution of coins, lowest barrier to entry, and most resistant to ASIC-esque centralization currenly.  (Modified scrypt algos look very promising in this regard to keep it essentially GPU only)

Since it's resistant to botnets and it doesn't have miner manufacturers with a vested interest in fucking over their customers and mining themselves (i.e. ASICs).  It also has the longest history in cyrptocurrency and is well known by anyone even remotely familar, be they bitcoin GPU miners from the past, or scrypt miners currently on anything from the well established coins like litecoin to multipools/middlecoin that exchange to btc, to newer 'scam'coins.

Basically the only way it can be exploited is insta-mining where a coin launches with a far too low diff, and even this can be combated by anticipating it and setting the starting diff higher, or low block rewards early.  and even this 'insta-mining' is only really centralized/unfair for a few days, within a few weeks the overall mining reward has diluted the first instamining

I'm not sure how a fixed algo, no matter what, will be resistant to ASICs.  It sounds like needing a bunch of RAM is just going to make it just like the other CPU coins, botnets and cloud mining.

I guess cloud mining could be sort of democratic, but you don't actually own the hardware, and it's very foreign compared to traditional mining.  Also you're essentially centralizing all the hashing at amazon / digital ocean/ etc.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: What's the point of reducing block rewards over time? on: January 17, 2014, 09:05:33 PM
The actual reason is to make money of course, everything anyone else says is lies, FUD and disinfo

quark took this to the extreme and it made them millions in less than half a year.

The actual reason is to create a finite supply.
the reason they choke off supply is to raise price for a given demand Wink

of course this greed has gone to the extreme with premine/PoS coins like NXT where they use a block reward that halves every 0 seconds Wink
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