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581  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine on: August 31, 2014, 01:32:07 PM
Consolidated list of hardware/hashrate, where?
582  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining with GPU --- What should I do? on: August 31, 2014, 01:08:12 PM
Hello Hannan,
my country is severely limiting free market in various ways so I cannot neither buy nor sell cryptos.

As a result I'm interested in cryptos for the future value that might provide to me as an user.
I'm currently mining MYR. Perhaps I will do some Digibyte, VTC and Monero in the future.

At .14c/kWh my operating costs are more than twice as the value of generated coins but considering we're talking about 1€/week, I still think this is the best way to get some without going through the legal minefield that's my country nonsensical legislation and I think those coins hold considerable potential.
583  Alternate cryptocurrencies / Altcoin Discussion / Re: Where do you see these coins in next 6 months, 1 year, 2 years, and 5 years? on: August 31, 2014, 07:22:58 AM
Dogecoin... you must be joking!
584  Alternate cryptocurrencies / Altcoin Discussion / Re: Unveiling the truth over the major Monero scam on: August 31, 2014, 07:19:23 AM
I was really thinking about doing some XMR so... if the code works... good! If it doesn't, I waste my processing time which I would at least partially otherwise used for gaming. So, I'd be pissed.
585  Alternate cryptocurrencies / Altcoin Discussion / Re: Reality check on alts on: August 31, 2014, 07:17:29 AM
Nice signature.

LTC: selling misinformation (at best) or flat out lies since when there was chance for an altcoin to exist.
Monero, boolberry, cryptonite: all based on same tech, all apparently having something not quite right.

Not encouraging VTC or MYR... sorry Sir, I totally disagree with you!
586  Alternate cryptocurrencies / Mining (Altcoins) / Re: Do you thing that there will be cloud mining for script- n on: August 30, 2014, 07:17:22 AM
Only scrypt-n coin I consider worth long term is VTC. It's going away from scrypt soon. Hopefully that algo will just become a relic of the past.
587  Alternate cryptocurrencies / Altcoin Discussion / Re: The Serious Altcoin Discussion/News Thread - No FUD, Shilling or Trolling. on: August 30, 2014, 07:13:32 AM
What are your opinions on Burst? Does it look like a coin with a positive future? https://bitcointalk.org/index.php?topic=731923.0
Considering how storage cost scales down super fast I think it's very easily centralized... one does not even need ASICs to do that. Try buying a SAN.
588  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining with GPU --- What should I do? on: August 30, 2014, 07:04:30 AM
And easily centralized.

Nonetheless, with HDD prices slumbering and the very easy latency requirements, I suspect spinning-platter storage manufacturers might want to jump on that.

Perhaps I could use my ARC1230... with the mainboard that should give me 20 HDDs per rig and I have extra PCI and PCIex slots available... still nothing compared to whoever can afford a SAN...
589  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MOTO] Motocoin - Human mineable again on: August 29, 2014, 06:26:55 PM
I cannot tell if this is serious or not but WTF I love it!  Cool
590  Alternate cryptocurrencies / Altcoin Discussion / Re: Reality check on alts on: August 29, 2014, 06:20:54 PM
As a sympathizer to crypto I don't understand a damn of what's going on.
Seriously, launching RIGHT NOW, 7 day pow... I cannot even understand what's the coin supposed to be it's already not minable.
I don't know how anyone could fall for that bullshit but it's clear in the meanwhile every other coin gets lets attention.
I can only hope I'm mining the one which will survive and go up.

Nonetheless, all coins, even legit ones are too geared towards the hardcore miner. Miner software is mostly a pile of junk and if you carefully look at it, it's clear they don't give a damn to people who don't want to commit a whole machine to mining.
Say goodbye to all those users which have a computer on already and would mine... while surfing the web or writing a document. Oddly enough, botnets are them.

As for the reality check... I wanted to mine a CryptoNote... but I still cannot find a single one fitting. Sad.
591  Alternate cryptocurrencies / Altcoin Discussion / Re: The Serious Altcoin Discussion/News Thread - No FUD, Shilling or Trolling. on: August 29, 2014, 06:07:56 PM
The Alternate cryptocurrencies forum is a mess.
Sic. Anyhow...

I would like to express my opinion about what's possibly the most important evolution I see.
Keep in mind I do not consider myself a crypto enthusiast. Privacy cool but I don't feel like I need more than what BTC does, asset exchange... what does that even mean? I'm not a trader either. I don't care about how this or that thing makes trading more or less awesome. I don't care about this.
That said.

It seems to me multi-pow isn't getting enough attention.
Now, the degree of multi-pow benefits are still to be investigated but it seems reasonable those benefits are there and even when 2p-pow will roll out, multi-pow will allow broader adoption.

When it comes to decentralization VTC goes great lengths in ensuring it stays decentralized by the means of being committing to be ASIC-proof.

Multi-pow takes this one step further. Even if one algorithm gets centralized, the others still stand a chance of being fair to small miners. ASIC resistance is no more necessary.

It is worth noticing that algorithms can be more rewarding to an architecture instead of another: for example, page 4:
  • The ARX-based algorithms, BLAKE and Skein, perform extremely well in software.
  • Keccak has a clear advantage in throughput/area performance in hardware implementations
  • Grøstl and JH are considerably slower than the other three algorithms in most software implementations
I might add that long chained hashing (albeit useless cryptographically speaking) is inherently resistant to trivial FPGA implementations. We know CryptoNight is so far resistant to GPU, even though I speculate this won't last long. Hopefully some algorithm will take advantage of GPU unique features sooner or later.

So it seems reasonable there is (there will be) a set of algorithms which can be fair to all types of users.

When it comes to choosing a multi-pow coin... there is very little choice. Myriad, Saffron, Spectrum: as for the first I can tell the developers are indeed working towards to evolve the coin to some sort of platform - you might have read their proposed PolyMyr merge mining system.
It is unclear whatever this will work out or not, but at least those are benefits I can perceive and a step in the right direction in my opinion.

Last but not least, I get to play with various algos without making a gazillion wallets.
592  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Myriad [1st Multi-PoW] Myriadcoin.0.9.2.3 Update | Multi-vPoW | Simplicity v0.2 on: August 29, 2014, 03:20:39 PM
Who else noticed that any changes proposed holders reject any pretext, it seems that they are simply unable to do something, do not have enough technical skills. Maybe announce the job of the programmer?
Introduce yourself. Who are you to make those statements? I have no idea what you're talking about and as far as I am concerned you're talking shit.
593  Alternate cryptocurrencies / Mining (Altcoins) / Re: Need a good Sapphire R9 280x Dual-X config. on: August 29, 2014, 01:52:40 PM
Scrypt? Wasted effort.
You should be looking in xsomething, groestl, skein... scrypt-n at the very least.
594  Alternate cryptocurrencies / Mining (Altcoins) / Re: [ANN] sgminer v5 - new unified multi-algorithm on-the-fly kernel switching miner on: August 29, 2014, 01:50:11 PM
I am an ancient c hobbyist crypto-currency noob and I am very slowly figuring out sgminer but this is by far the densest code I have tried to make sense of so forward progress is minimal at this point in the curve. Any assistance wold be greatly appreciated Smiley
You mean a pile of steaming crap.
There's a new qubit miner around, full code could possibly fit in a single sgminer file.
595  Alternate cryptocurrencies / Mining (Altcoins) / Re: Can't get profit from GTX 750ti on: August 29, 2014, 01:48:24 PM
None of the algo is profitable now. Sell you gpu before the value drop
Bullshit. Get real.
Use GPUs and your computers for what they are worth. Play on it. Work on it. GTX750 is funny!
596  Alternate cryptocurrencies / Altcoin Discussion / Re: What are your top 5 altcoins - in order? on: August 29, 2014, 01:37:19 PM
BTC
MYR
VTC
XMR
597  Alternate cryptocurrencies / Altcoin Discussion / Re: Unveiling the truth over the major Monero scam on: August 29, 2014, 09:29:30 AM
The constant shilling and hatred is ridiculous, and I advocate against the dev team even replying to it anymore (let the community do it). But it does serve the purpose to bump the threads and make them "interesting" (for those who regard Der Alte interesting, that is..)
QFE
598  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin is officially dead on: August 29, 2014, 09:28:36 AM
Agreed.
599  Alternate cryptocurrencies / Mining (Altcoins) / Re: GPU Mining profitability is a joke on: August 28, 2014, 06:51:34 AM
X* algo coins are FPGA territory now.
I keep reading that X11 is FPGA territory, however I've not yet seen any proof as of yet.
Even ASICs can mine x11. Just take a look at chinese pools. Single users with over 70gh/s.
Based on my experience with Qubit (X5) I'd say FPGA designs will have to be fairly advanced to mine it efficiently. Even if you take a large FPGA fitting Qubit efficiently is not trivial and you'll have to face even greater problems with X11. Single chip designs will win on efficiency but I don't think they're going to provide extreme efficiency. That said...
Those numbers look high to you because you are used to shitty kernels. I believe it is likely your GPUs could pull out twice the current hashrate with a properly written kernel.

I'm very interested. Please provide links.
600  Alternate cryptocurrencies / Mining (Altcoins) / Re: GPU Mining profitability is a joke on: August 27, 2014, 12:26:21 PM
Sounds reasonable indeed.
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