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syn999
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May 12, 2013, 06:56:41 PM |
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Was asked to YACOIN to on the BTC-E Exchange?
btc-e said no NO!!!!! They said the same for CNC. they added CNC when CNC was .002 or close |
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Hydroponica
Full Member
 Offline
Activity: 182
Merit: 100
fml
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May 12, 2013, 06:56:56 PM |
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Was asked to YACOIN to on the BTC-E Exchange?
btc-e said no NO!!!!! They said the same for CNC. And CNC is doing so well |
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relm9
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May 12, 2013, 06:58:40 PM |
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Was asked to YACOIN to on the BTC-E Exchange?
btc-e said no NO!!!!! They said the same for CNC. CNC got on by a fluke. Going by posts here people for some reason were buying into the belief that it'd take off big in China. BTC-E just took advantage of all the hysteria  Probably made a good amount in trading fees. YAC hasn't captured the same interest, so I wouldn't get your hopes up... |
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vlaoou321
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May 12, 2013, 07:02:45 PM |
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Was asked to YACOIN to on the BTC-E Exchange?
btc-e said no NO!!!!! They said the same for CNC. they added CNC when CNC was .002 or close Do you mean on BTC-E Exchange the yac 0.002? |
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vlaoou321
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May 12, 2013, 07:07:34 PM |
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YAC volume, do not earn money BTC-E?
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alex_fun
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May 12, 2013, 07:12:27 PM |
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vlaouu who knows, bter also put funny description for yac http://bter.com/trade/yac_btc you can read it. They even made mistakes `double spreed attacks and other safty issues.` |
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vlaoou321
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May 12, 2013, 07:14:57 PM |
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vlaouu who knows, bter also put funny description for yac http://bter.com/trade/yac_btc you can read it. They even made mistakes `double spreed attacks and other safty issues.` I KNOW.BUT,IS THIS TRUE? |
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procrypto
Full Member
Offline
Activity: 224
Merit: 100
Shitcoin Maximalist
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May 12, 2013, 07:18:28 PM |
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CNC was clearly added too quickly, I'm pleased they are not yet considering YAC. If it's going to build momentum it's gotta do it naturally, not because everyone (including BTCe) bought into the hype.
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jackcc
Member
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Activity: 65
Merit: 10
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May 12, 2013, 07:23:58 PM |
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ok,i understand
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jackcc
Member
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Activity: 65
Merit: 10
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May 12, 2013, 07:26:29 PM |
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like ftc?
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WindMaster
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May 12, 2013, 07:30:00 PM |
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I think there's potential for a CPU only coin, but YAC doesn't seem to be it.
This is a mistake YAC cannot be effectively farmed with GPU, and thus it provides CPU's with their own coi. I'm going to say that was true for the first ~12 hours after the coin was released. The unexpected change from scrypt(N,1,1) to scrypt+chacha/kekkac(N,1,1) at the coin's launch delayed the various groups modifying cgminer by some hours. If you mean it can't be effectively farmed yet by anyone who doesn't have a decent level of proficiency in writing OpenCL code for GPU's and can modify the cgminer GPU kernel, I'll give you that. I can find no logic behind pocopoco's claim that increasing N hurts GPU's more than CPU's, or that N=32 as it currently is for Yacoin doesn't still cause a massive advantage for GPU's over CPU's at the present time. Just look at the Yacoin block solving rate and difficulty. Yesterday when difficulty was in the ~3 to 4 range, farming on Amazon EC2 became uneconomic (and that was even before everyone saw what prices would do on bter). Right now it's at 7, and I've shut down the last of my Xeon servers that were mining it. Block rate is running about 27 seconds right now vs. the 60 second target time, so there's still a massive amount of hash rate in play after the point that high-power-efficiency server hardware at $0.065/kWh no longer profits. Care to take any guesses what type of hardware is currently mining Yacoin as we speak? |
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baritus
Legendary
Offline
Activity: 966
Merit: 1052
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May 12, 2013, 07:37:31 PM |
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I'm surprised at the amount of hash power this is getting, the price will increase at least for the next few days.
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Digitalcoin - Sha256, Scrypt, x11 Mining - Multi-algorithm & One Click Masternodes - Founded in 2013
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eule
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May 12, 2013, 07:39:39 PM |
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Amazon is overpriced, i get a month of 300 khash for 15€, that would get you a day @ Amazon...
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WindMaster
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May 12, 2013, 07:47:19 PM |
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Amazon is overpriced, i get a month of 300 khash for 15€, that would get you a day @ Amazon...
1.5x the hash rate of Amazon's c1.xlarge instances produces about 300kH/sec. Currently, spot instances of that type cost $0.07/hr in one particular Amazon data center. At that point, your 15 euros gets you about 7.7 days. While still overpriced, it's about 7x cheaper than you posted. Still, my position is that with cheap $0.065/kWh power in the US, at current difficulty, it no longer appears profitable to continue mining on Xeon-based servers. GPU's are still profitable however, but we'll see what happens to exchange rates for YAC in the coming days. |
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Chrisoldinho
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May 12, 2013, 07:54:23 PM |
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It's jumping now, well 0.79
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aikklond (OP)
Legendary
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Activity: 1148
Merit: 1000
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May 12, 2013, 07:56:40 PM |
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Told you so. 0.001 here we come
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Hydroponica
Full Member
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Activity: 182
Merit: 100
fml
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May 12, 2013, 07:59:16 PM |
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It's jumping now, well 0.79
I wouldn't call 1 thousandth of a BTC, jumping  |
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Hydroponica
Full Member
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Activity: 182
Merit: 100
fml
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May 12, 2013, 08:02:00 PM |
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Guys, it's over. You missed your opportunity to cash out. Move on. Go back to mining LTC.
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AlternativeCypt
Newbie
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Activity: 28
Merit: 0
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May 12, 2013, 08:04:18 PM |
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Guys, it's over. You missed your opportunity to cash out. Move on. Go back to mining LTC.
Such a foolish mentality |
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Hydroponica
Full Member
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Activity: 182
Merit: 100
fml
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May 12, 2013, 08:06:22 PM |
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Guys, it's over. You missed your opportunity to cash out. Move on. Go back to mining LTC.
Such a foolish mentality Such a niave little boy...Both FTC and CNC are doing poorly, but this one will do better, because it can only be mined by CPU, which costs considerably more them GPU mining. Why would anyone want to make more profit, mining a real, already tested coin, like LTC. That's just silly |
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