Yacoin Price about to Jump

[Hydroponica]

LOL he said BFL. 

BFL has started shipping, and those who got their units, seemed pleased with them...

Yeah, just like these have https://bitcointalk.org/index.php?topic=203342.0

K.

What? Are you banned from BFL forums or something? Jalapeno's have started shipping...

[Desten]

they added CNC when CNC was .002 or close

No, they added CNC when it was ~0.00365 BTC (. I've seen this moment half hour after that. And there are one man who i suppose missed a key and plase buy order with 1:1 price than cancelled it. Then 24hours after that graph is fixed and showed a current situation right. From moment of adding CNC this coin falls fast, then two or three pumps and now we see current price..

[Kruncha]

LOL he said BFL. 

BFL has started shipping, and those who got their units, seemed pleased with them...

Yeah, just like these have https://bitcointalk.org/index.php?topic=203342.0

K.

What? Are you banned from BFL forums or something? Jalapeno's have started shipping...

lol, you took me seriously (did you not read the post)

K.

[miaviator]

You'd be better keeping it to yourself, because if these fanboys, find out that it's being GPU mined, they'll have nothing left to hold on too.

One thing to consider is that, one doesn't just GPU mine YaCoins. GPU mining YACs has to be more profitable than CPU mining YACs + GPU mining something else, otherwise it's a waste. Anyone doing it would have to believe YAC value would skyrocket.

At it's current prices, YAC isn't profitable to mine, with anything

Lol.  at .00001 YAC is profitable to mine for a lot of people.  Remove electric and server costs (and thief's and botnets) and there is likely a population with access to cputime with $0 cost.  I know a lot of call centers with hundreds of low power seldom used PC's.  If each gets 10Khash and the electric is included in rent, a system admin could easily work out a profit sharing deal to use the PC's on off hours.  Even at $1 a month once automated it's profitable.

Yeah, because that makes much more sense then setting up 4x 7970's, and mining LTC....Or ordering a rig or 2 from BFL, and mining BTC, @ 40w / 5GH/s   
Are people really this stupid?

Ah.  It makes more sense to use the spare 99% cpu power on those LTC mining rigs to do something, anything at all.  Unless your concerned about power and hardware costs.

It makes 0 sense to have a bunch of 7xxx cards mining LTC with Idle cpus which could generate even $.10 per month.

Tell you what all mighty, give me and everyone else using our spare cpu cycles $1 a month and we'll stop?  No? not a good deal?

[Hydroponica]

You'd be better keeping it to yourself, because if these fanboys, find out that it's being GPU mined, they'll have nothing left to hold on too.

One thing to consider is that, one doesn't just GPU mine YaCoins. GPU mining YACs has to be more profitable than CPU mining YACs + GPU mining something else, otherwise it's a waste. Anyone doing it would have to believe YAC value would skyrocket.

At it's current prices, YAC isn't profitable to mine, with anything

Lol.  at .00001 YAC is profitable to mine for a lot of people.  Remove electric and server costs (and thief's and botnets) and there is likely a population with access to cputime with $0 cost.  I know a lot of call centers with hundreds of low power seldom used PC's.  If each gets 10Khash and the electric is included in rent, a system admin could easily work out a profit sharing deal to use the PC's on off hours.  Even at $1 a month once automated it's profitable.

Yeah, because that makes much more sense then setting up 4x 7970's, and mining LTC....Or ordering a rig or 2 from BFL, and mining BTC, @ 40w / 5GH/s  
Are people really this stupid?

Ah.  It makes more sense to use the spare 99% cpu power on those LTC mining rigs to do something, anything at all.  Unless your concerned about power and hardware costs.

It makes 0 sense to have a bunch of 7xxx cards mining LTC with Idle cpus which could generate even $.10 per month.

Tell you what all mighty, give me and everyone else using our spare cpu cycles $1 a month and we'll stop?  No? not a good deal?

What? I am concerned about power costs...I don't live with my parents, I have a power bill to pay. The hashrate of my CPU's, and the value of YAC, does not cover the cost of running my CPU's at %100 load, 24/7. And I'm not going to use my profits from my GPU's, to cover the loss. This is business. Are you slow?

[markm]

It makes 0 sense to have a bunch of 7xxx cards mining LTC with Idle cpus which could generate even $.10 per month.

Tell you what all mighty, give me and everyone else using our spare cpu cycles $1 a month and we'll stop?  No? not a good deal?

If the added load on the CPUs cost more than they rake in, they are losing you money not gaining money, so unless you are just making sure you get the max electricity your rent includes, or are stealing the use of other people's CPUs, it is not always economical to run the CPUs mining something compared to letting them idle.

It was economical CPU mining BBQcoin for a year or so, and possibly might turn out to to have been CPU mining Tenebrix and Fairbrix, but most coins using CPUs on them is a net loss.

-MarkM-

[WindMaster]

I think Yacoin might stay, You have Bitcoin being ASIC friendly, Litecoin being GPU friendly and then Yacoin being CPU friendly. When Netcoin is released maybe it will be FPGA friendly, and we will be full circle, lol. Who knows, right?

Actually, I think Yacoin is the FPGA-friendly choice, at least while it continues using scrypt+chacha/keccak(32,1,1) for a couple more days.








I can't be the only one who looked at this variant of scrypt and decided that fast external RAM was not necessarily needed at N=32..

[antimattercrusader]

Damn son... you're making pretty good bank there.

[vlaoou321]

COME ON

[WindMaster]

Damn son... you're making pretty good bank there.

There's only so much time between now and when N changes to 64 though.  That will spoil the fun, at least for a while.

Someone hurry up and launch a new alt-coin (with advance notice this time), forked from Yacoin, and just use N=32 permanently. 

[hellscabane]

I think Yacoin might stay, You have Bitcoin being ASIC friendly, Litecoin being GPU friendly and then Yacoin being CPU friendly. When Netcoin is released maybe it will be FPGA friendly, and we will be full circle, lol. Who knows, right?

Actually, I think Yacoin is the FPGA-friendly choice, at least while it continues using scrypt+chacha/kekkac(32,1,1) for a couple more days.

[Omitting pictures to shorten post.]

I can't be the only one who looked at this variant of scrypt and decided that fast external RAM was not necessarily needed at N=32..

It's so refreshing seeing those with an understanding of what the (N,1,1) could do.  Hehe.  And as N increases, the renewed hype surrounding this coin will allow you to make an awesome amount in the short term.  

[limitless]

what is FPGA?

[ymer]

I think Yacoin might stay, You have Bitcoin being ASIC friendly, Litecoin being GPU friendly and then Yacoin being CPU friendly. When Netcoin is released maybe it will be FPGA friendly, and we will be full circle, lol. Who knows, right?

Actually, I think Yacoin is the FPGA-friendly choice, at least while it continues using scrypt+chacha/kekkac(32,1,1) for a couple more days.


[sadimg]https://i.imgur.com/iHkY6sK.jpg[/img]


[sadimg]https://i.imgur.com/wdVV6xc.jpg[/img]


I can't be the only one who looked at this variant of scrypt and decided that fast external RAM was not necessarily needed at N=32..

You should really solo mine..

[WindMaster]

You should really solo mine..

Indeed.  That's what I'll be up to shortly, as I just got pushpool going for YAC.

[limitless]

So what is fpga and how do you mine with it?
Are they expensive?

[ymer]

You should really solo mine..

Indeed.  That's what I'll be up to shortly, as I just got pushpool going for YAC.

GL brah, I just jumped off the ship, got 4 CPUs for a total of 600kHash and my estimate reward per day is 14 coins or 0.012 BTC lol

if you feel generous pm when you are about to pump or dump to make my move

[vlaoou321]

down

[WindMaster]

So what is fpga and how do you mine with it?
Are they expensive?

They're not expensive at all!  In fact, you can make your own.  All you need to do is add "testnet=1" to your yacoin.conf file.  This will immediately jack up your hash rates and block acquisition rate immensely!

Edit - That was just for limitless, our favorite scammer.  No one really add "testnet=1" to your yacoin.conf file.

[xibeijan]

It makes 0 sense to have a bunch of 7xxx cards mining LTC with Idle cpus which could generate even $.10 per month.

Tell you what all mighty, give me and everyone else using our spare cpu cycles $1 a month and we'll stop?  No? not a good deal?

If the added load on the CPUs cost more than they rake in, they are losing you money not gaining money, so unless you are just making sure you get the max electricity your rent includes, or are stealing the use of other people's CPUs, it is not always economical to run the CPUs mining something compared to letting them idle.

Mining BTC with CPU early was not profitable but it turned out Satoshi and early adopters made amazing deal out of it later. There is no reason why YAC could not end same way.

Yeah, people are starting to care that BTC is slow... YAC be fast.

[tclo]

I've never heard of this one...there must be two new alt.coins coming out every day lately.