Bitcoin Forum
May 13, 2024, 08:23:21 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 »
21  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 19, 2014, 11:05:15 AM
Is something wrong with monero? whatmine is saying, coin under maintenance.

No, nothing is wrong with monero. whatmine must be doing something with their software.
22  Alternate cryptocurrencies / Altcoin Discussion / Re: Which one is the NEXT 10 times profit coin? Anonymous Coin Summary on: June 19, 2014, 10:48:51 AM
Past history tells us that the first coin takes it all

Absolutely false. Please take a look at tenebrix.
23  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 19, 2014, 08:30:43 AM
hi,  mkasiak,

I understand that you're advertising BBR, please leave here


Hi shfc,

I am comparing coins, not advertising. I provide links, facts, ideas, opinions. This forum should be about this, not about one bullshit sentence like yours saying nothing useful.

hi mkasiak, if you're considering facts, ideas and opinions then please comment on the below discussion:

Elsewhere they say the difference in speed is 2.2 to 5 times as fast. That is far, far less then an order of magnitude.

CZ decided to launch a testnet, with links to the github weeks before the coin launched. While it seemed like a good idea at the time, to test his coin .. what he actually did was open it wide for people to prey on. I find it not only probable, but instead extremely likely, that there were GPU miners either at launch or within the week after it.

His unfamiliarity with the typical nature of this board left his coin extremely vulnerable and he is now left to contemplate a hard fork to stop the abuse. Please note that with this abuse he might not even have the ability to enforce a hardfork due to potential miner take over. Here is what I'm talking about, and this is half of the daily emission. Thus, 50% of mining is done by his software.

It does not matter if it's 2.2 to 5 times as fast, the time in which his coin has been exploited vs the time it has not been exploited is very large. Unfortunately, Claymore or another developer did not provide a GPU miner to act as a crutch until such time when an open source one was ready.

Fortunately, with the slower emission .. this has a chance to even out over time. I hope the best for him, but I do not believe he grasps the full nature of variables involved in what he's doing .. this is not knocking his ability to program.

Hmm, good points. However, he could enforce a hardfork even with a more powerful miner out there, as hardforking only requires that the people using the coin update their software. If for example the dev says, "This is the new version" a rogue miner doesn't need to accept it, true, but if all the services and majority of users stick with the 'official' chain, then the rogue miner would solving blocks that no one else accepts.


That's the catch, he can do the hardfork .. but it will be at extreme cost of risking whatever marketcap it has managed to accumulate. I'm sure cbuchner didn't spend an awful amount of time making the software. He is clearly profiting, but the hard fork will now be done only if he consents to it .. else he could simply sell his stash and crush the market .. destroying confidence in the coin. I'm sure he doesn't have much invested in this other than a few power bills. So either he works with CZ to try and create some kind of future prosperity, or he doesn't and it gets ugly very fast.

The parties involved have left the adopters of this coin with something that may very well be valuable, but will never be theirs. I cannot accept that, it's just way too dangerous.
24  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 19, 2014, 07:31:11 AM
BTC38 front page article mentioning Monero!  Cheesy

25  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 18, 2014, 07:29:29 PM
Is there something wrong with monero mining? Last block found by the NETWORK is 4 hours ago ?!?

Last block: 91144    a few seconds ago    2184    2    040cb393d442f868589fcd9512ac3587a57cf9b4c1c7e9571539d8f6a3352bd8


What's the problem?
26  Alternate cryptocurrencies / Bounties (Altcoins) / Re: Bounty for Open-Sourced XMR/Cryptonight GPU Miner Bounties Thread on: June 18, 2014, 05:34:04 PM
Problem is that it's not worth it for the devs to release it for "chump change".

Why open source for 1 btc or so when you are mining 2 or 3 btc worth each day?

I have discussed the issue privately with both cbuchner1 and Claymore, asking for a quote to open source their software.

This is not a thread trying to pay them to open source their projects. This is a thread trying to get someone to work out a brand new miner, or adapt something like sgminer.

Claymore does not provide open source software, period.

cbuchner1 said flat out that he will not be releasing or open sourcing his miner, period. The implication was that it would be considered if we can offer him more than it would make him .. but nobody's going to pay him infinite money Wink

We're quickly entering a situation where private GPU miners are cornering the market .. not healthy.

27  Alternate cryptocurrencies / Bounties (Altcoins) / Re: Bounty for Open-Sourced XMR/Cryptonight GPU Miner Bounties Thread on: June 18, 2014, 03:27:01 PM
The idea is great. It is completely necessary to make open-source miner available. We are experiencing the period of unfair competition now and need to close it before it destroys the coin.

Any crawdfunding for the action?
Would gladly add my penny.

I would happily welcome a trusted escrow or recommended crowdfunding site. Does anyone have thoughts on this?
28  Alternate cryptocurrencies / Bounties (Altcoins) / Re: Bounty for Open-Sourced XMR/Cryptonight GPU Miner Bounties Thread on: June 18, 2014, 02:56:15 PM
pledge 300 each



BTC right? Cheesy
29  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MCN] Moneta Verde - CryptoNote coin with difficulty-BR (lnch at 15:00 GMT) on: June 18, 2014, 02:55:04 PM
Hello everyone, there is a thread discussion on what you would like to see in an open source GPU miner for Cryptonight algorithm coins. Please discuss what you would like to see in a GPU miner similar to Claymore's excellent miner, if your algorithm can stand to benefit  Smiley
30  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XDN] duckNote [ANN]. CryptoNote based. Anonymous and CPU only. on: June 18, 2014, 02:53:53 PM
Hello everyone, there is a thread discussion on what you would like to see in an open source GPU miner for Cryptonight algorithm coins. Please discuss what you would like to see in a GPU miner similar to Claymore's excellent miner  Smiley
31  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN] Bytecoin (CPU-mining, true anonymity) on: June 18, 2014, 02:48:02 PM
Hello everyone, there is a thread discussion on what you would like to see in an open source GPU miner for Cryptonight algorithm coins. Please discuss what you would like to see in a GPU miner similar to Claymore's excellent miner  Smiley

Also, congrats on your good news.
32  Alternate cryptocurrencies / Altcoin Discussion / Re: [QCN] QuazarCoin | Full anonymity | Privacy&Data protection | CPU only on: June 18, 2014, 02:47:23 PM
Hello everyone, there is a thread discussion on what you would like to see in an open source GPU miner for Cryptonight algorithm coins. Please discuss what you would like to see in a GPU miner similar to Claymore's excellent miner  Smiley
33  Alternate cryptocurrencies / Bounties (Altcoins) / Re: Bounty for Open-Sourced XMR/Cryptonight GPU Miner Bounties Thread on: June 18, 2014, 02:27:13 PM
Please consider this for more background discussion:

Elsewhere they say the difference in speed is 2.2 to 5 times as fast. That is far, far less then an order of magnitude.

CZ decided to launch a testnet, with links to the github weeks before the coin launched. While it seemed like a good idea at the time, to test his coin .. what he actually did was open it wide for people to prey on. I find it not only probable, but instead extremely likely, that there were GPU miners either at launch or within the week after it.

His unfamiliarity with the typical nature of this board left his coin extremely vulnerable and he is now left to contemplate a hard fork to stop the abuse. Please note that with this abuse he might not even have the ability to enforce a hardfork due to potential miner take over. Here is what I'm talking about, and this is half of the daily emission. Thus, 50% of mining is done by his software.

It does not matter if it's 2.2 to 5 times as fast, the time in which his coin has been exploited vs the time it has not been exploited is very large. Unfortunately, Claymore or another developer did not provide a GPU miner to act as a crutch until such time when an open source one was ready.

Fortunately, with the slower emission .. this has a chance to even out over time. I hope the best for him, but I do not believe he grasps the full nature of variables involved in what he's doing .. this is not knocking his ability to program.

With private GPU miners cornering the market, all CN coins stand to lose greatly
34  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: June 18, 2014, 02:21:36 PM
Hmm, good points. However, he could enforce a hardfork even with a more powerful miner out there, as hardforking only requires that the people using the coin update their software. If for example the dev says, "This is the new version" a rogue miner doesn't need to accept it, true, but if all the services and majority of users stick with the 'official' chain, then the rogue miner would solving blocks that no one else accepts.

That's the catch, he can do the hardfork .. but it will be at extreme cost of risking whatever marketcap it has managed to accumulate. I'm sure cbuchner didn't spend an awful amount of time making the software. He is clearly profiting, but the hard fork will now be done only if he consents to it .. else he could simply sell his stash and crush the market .. destroying confidence in the coin. I'm sure he doesn't have much invested in this other than a few power bills. So either he works with CZ to try and create some kind of future prosperity, or he doesn't and it gets ugly very fast.

The parties involved have left the adopters of this coin with something that may very well be valuable, but will never be theirs. I cannot accept that, it's just way too dangerous.
35  Alternate cryptocurrencies / Mining (Altcoins) / Re: [ANN][MRO][XMR][HOW TO] Install GUI wallet & mine Monero on Windows !!NEW: GPU!! on: June 18, 2014, 01:56:22 PM
Hello everyone, there is a thread discussion on what you would like to see in an open source GPU miner for Cryptonight algorithm coins here. Please discuss what you would like to see in a GPU miner similar to Claymore's excellent miner Smiley
36  Alternate cryptocurrencies / Pools (Altcoins) / Re: [XMR] Monero Mining on: June 18, 2014, 01:55:19 PM
Hello everyone, there is a thread discussion what you would like to see in an open source GPU miner for Cryptonight algorithm coins here. Please discuss what you would like to see in a GPU miner similar to Claymore's excellent miner Smiley
37  Alternate cryptocurrencies / Mining (Altcoins) / Re: Claymore MRO/QCN/FCN/BCN GPU Miner v2.2 on: June 18, 2014, 01:54:17 PM
Hello everyone, there is a thread discussion what you would like to see in an open source GPU miner for Cryptonight algorithm coins here. Please discuss what you would like to see in a GPU miner similar to Claymore's excellent miner Smiley
38  Alternate cryptocurrencies / Bounties (Altcoins) / Re: Bounty for Open-Sourced Monero GPU Miners Bounty Thread on: June 18, 2014, 01:36:45 PM
To kick off the discussion, I don't own Nvidia cards. I do own AMD cards.

I'd need something that can connect to the stratum and http pool servers
I'd need to see failover for pools.
I'd prefer to continue using catalyst 13.12.
It would need to be cross platform.
I'd like GPU temperature and overclocking management
I'd need it to be competitive, on a hashing basis, with other known miners

I'm open to discussion on anything that I said I didn't need.

For more information, take a look at Claymore's page for an example of what I think we'd like to start with.
39  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 18, 2014, 01:03:43 PM

If you want to crowdfund an open source GPU miner, start a new thread for it and link it here.  There should be some discussion first (there), for example what level of performance is required to claim the bounty, etc.


Doing it now, and crossposting everything in this thread.
40  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: June 18, 2014, 12:51:49 PM
Elsewhere they say the difference in speed is 2.2 to 5 times as fast. That is far, far less then an order of magnitude.

CZ decided to launch a testnet, with links to the github weeks before the coin launched. While it seemed like a good idea at the time, to test his coin .. what he actually did was open it wide for people to prey on. I find it not only probable, but instead extremely likely, that there were GPU miners either at launch or within the week after it.

His unfamiliarity with the typical nature of this board left his coin extremely vulnerable and he is now left to contemplate a hard fork to stop the abuse. Please note that with this abuse he might not even have the ability to enforce a hardfork due to potential miner take over. Here is what I'm talking about, and this is half of the daily emission. Thus, 50% of mining is done by his software.

It does not matter if it's 2.2 to 5 times as fast, the time in which his coin has been exploited vs the time it has not been exploited is very large. Unfortunately, Claymore or another developer did not provide a GPU miner to act as a crutch until such time when an open source one was ready.

Fortunately, with the slower emission .. this has a chance to even out over time. I hope the best for him, but I do not believe he grasps the full nature of variables involved in what he's doing .. this is not knocking his ability to program.
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!