[ANN][YAC] YACoin ongoing development

[rbdrbd]

It sounds more like a kernel level bug to me. Note that the author said it was throwing invalid hashes, not a very slow rate of valid hashes.

Good point, we shall see.

[dragon2nd]

... this is the best thread in the entire alt subforum.

can't agree more...

[seleme]

It would be amazing one if I could understand anything the smart guys are talking about 

[mtrlt]

Let's hope mtrlt either holds on to his GPU kernel like it appears he has to this point, or if released, it's released to all. Anything else risks the stability of the YaCoin network.

This is indeed my plan.

[Joe_Bauers]

Let's hope mtrlt either holds on to his GPU kernel like it appears he has to this point, or if released, it's released to all. Anything else risks the stability of the YaCoin network.

This is indeed my plan.

A || B ? 

[bitdwarf]

Let's hope mtrlt either holds on to his GPU kernel like it appears he has to this point, or if released, it's released to all. Anything else risks the stability of the YaCoin network.

This is indeed my plan.

A || B ? 

[cycloid]

Let's hope mtrlt either holds on to his GPU kernel like it appears he has to this point, or if released, it's released to all. Anything else risks the stability of the YaCoin network.

This is indeed my plan.

Thank you for your effort ! Really glad to see people coming together to help this coin out. I for one really like YAC and hope to see it walk

[rbdrbd]

Let's hope mtrlt either holds on to his GPU kernel like it appears he has to this point, or if released, it's released to all. Anything else risks the stability of the YaCoin network.

This is indeed my plan.

A || B ? 

To me both options are about the same, if everyone has a GPU miner for this coin, then it's about the same as no-one having a GPU miner. Right now we got one guy it appears, with a very decent GPU implementation.   If he abused that however, it could really damage the coin, at least if my calculations and the net hash rate estimates are correct.

I'd like to learn more about the issues at N=8K before I'd feel comfortable buying up any more YAC. The fact that the GPU/CPU ratio appears to be shrinking over time could be encouraging, but even at a 10:1 ratio, there would still be very little reason to CPU mine if GPU mining somehow got out.  And if it turned into a GPU coin, I'd think a much higher coin price would be necessary to justify any miners switching over their rigs to this coin for a fraction of the hash rate (after N goes past 1024). This is a very interesting coin.

[sairon]

To me both options are about the same, if everyone has a GPU miner for this coin, then it's about the same as no-one having a GPU miner. Right now we got one guy it appears, with a very decent GPU implementation.   If he abused that however, it could really damage the coin, at least if my calculations and the net hash rate estimates are correct.

These are mine calculations:

[dragon2nd]

I tried to mine YAC on my IBM HS23 blade server (16 cores), and got:

{
    "blocks" : 68999,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : 2.68750464,
    "errors" : "",
    "generate" : true,
    "genproclimit" : -1,
    "hashespersec" : 251006,
    "networkhashps" : 83718908,
    "pooledtx" : 0,
    "testnet" : false,
    "Nfactor" : 7,
    "N" : 256,
    "powreward" : 21.20000000
}

Looks like the network hashrate is somewhat equivalent to ~364 blade servers.

[wire]

well, atm network hashing power seems to go up again.

At least the pool i am mining for went up from 18MH/s yesterday to 53MH/s today

http://yac.ltcoin.net

[bulanula]

No mining profitability calculator ?

Current block reward size ?

Current difficulty ?

How much expected hashrate with 2600K CPU ?

Is this profitable or not ATM ?

[procrypto]

Let's hope mtrlt either holds on to his GPU kernel like it appears he has to this point, or if released, it's released to all. Anything else risks the stability of the YaCoin network.

This is indeed my plan.

So, theoretically, what would happen to YAcoin if GPU mining was available to all right now, and suddenly came to a halt in August? What technical consequences would there be? How long would it take difficulty to readjust back to a level where CPU mining was viable?

edit: I should learn to read more.

The other risk here is a possible inadvertent "difficulty attack" if this N=8192 issue is real and a GPU miner is released to all. At that point, difficulty would increase sharply, and once N=8192 is hit, drop off a cliff. I wonder if there would be enough hash power after that to get it back to a sane level without necessitating a hard fork like feathercoin has done (maybe WindMaster has more input on this). Also, whether POS minting would be enough during that time to validate new transactions on the network. Maybe others much more knowledgeable than I on these matters could comment.

[wesleyrbk]

No mining profitability calculator ?

Current block reward size ?

Current difficulty ?

How much expected hashrate with 2600K CPU ?

Is this profitable or not ATM ?

Of course its profitable. What would you mine else with your cpu? This is the only coin at the moment that is cpu only.

[bulanula]

No mining profitability calculator ?

Current block reward size ?

Current difficulty ?

How much expected hashrate with 2600K CPU ?

Is this profitable or not ATM ?

Of course its profitable. What would you mine else with your cpu? This is the only coin at the moment that is cpu only.

So how much $$$ per day using a 2600K. Please show detailed calculations if possible. There seems to be no profit calculator at all for YAC.

I ran some numbers and it came to about $1 / day only if you got lucky solo mining. Maybe my numbers were wrong ?

IMHO at those levels it is not profitable unless you got free electricity.

[cycloid]

No mining profitability calculator ?

Current block reward size ?

Current difficulty ?

How much expected hashrate with 2600K CPU ?

Is this profitable or not ATM ?

Of course its profitable. What would you mine else with your cpu? This is the only coin at the moment that is cpu only.

So how much $$$ per day using a 2600K. Please show detailed calculations if possible. There seems to be no profit calculator at all for YAC.

I ran some numbers and it came to about $1 / day only if you got lucky solo mining. Maybe my numbers were wrong ?

IMHO at those levels it is not profitable unless you got free electricity.

I think you are missing the point here. IF you already running a GPU mining rig for LTC/NVC/PPC you making some profits +you can now mine YAC at the same time using cpu for extra $$ . Just like you could mine NMC and DVC with all sha256 coins you can now also add YAC with all GPU rigs.
 
So yes it is profitable, think of it as merged mining coin which adds extra % to ROI

[R_Lem]

well, atm network hashing power seems to go up again.

At least the pool i am mining for went up from 18MH/s yesterday to 53MH/s today

http://yac.ltcoin.net

Probably because dontmine.me closed all his pools, including YAC.

[bulanula]

No mining profitability calculator ?

Current block reward size ?

Current difficulty ?

How much expected hashrate with 2600K CPU ?

Is this profitable or not ATM ?

Of course its profitable. What would you mine else with your cpu? This is the only coin at the moment that is cpu only.

So how much $$$ per day using a 2600K. Please show detailed calculations if possible. There seems to be no profit calculator at all for YAC.

I ran some numbers and it came to about $1 / day only if you got lucky solo mining. Maybe my numbers were wrong ?

IMHO at those levels it is not profitable unless you got free electricity.

I think you are missing the point here. IF you already running a GPU mining rig for LTC/NVC/PPC you making some profits +you can now mine YAC at the same time using cpu for extra $$ . Just like you could mine NMC and DVC with all sha256 coins you can now also add YAC with all GPU rigs.
 
So yes it is profitable, think of it as merged mining coin which adds extra % to ROI

Quoted for the lulz.

Merged mining draws 0 additional power so it is more money for no additional cost.

CPU mining draws a hell of a lot of power compared to CPU idling. 100W more does cost additional money.

$1 a day vs cost of powering 100W for 24 hours ( 0.24 kwh ) --- which is greater ?

[cycloid]

No mining profitability calculator ?

Current block reward size ?

Current difficulty ?

How much expected hashrate with 2600K CPU ?

Is this profitable or not ATM ?

Of course its profitable. What would you mine else with your cpu? This is the only coin at the moment that is cpu only.

So how much $$$ per day using a 2600K. Please show detailed calculations if possible. There seems to be no profit calculator at all for YAC.

I ran some numbers and it came to about $1 / day only if you got lucky solo mining. Maybe my numbers were wrong ?

IMHO at those levels it is not profitable unless you got free electricity.

I think you are missing the point here. IF you already running a GPU mining rig for LTC/NVC/PPC you making some profits +you can now mine YAC at the same time using cpu for extra $$ . Just like you could mine NMC and DVC with all sha256 coins you can now also add YAC with all GPU rigs.
 
So yes it is profitable, think of it as merged mining coin which adds extra % to ROI

Quoted for the lulz.

Merged mining draws 0 additional power so it is more money for no additional cost.

CPU mining draws a hell of a lot of power compared to CPU idling. 100W more does cost additional money.

$1 a day vs cost of powering 100W for 24 hours ( 0.24 kwh ) --- which is greater ?

Well my power cost is 0.06kWh. Also they way I have been mining for 2 years is I mine for 12months before I sell off month 1 profits and so on.

This realizes the most amount of profits and generally pays for the whole year of mining costs in 2~3 months worth of sells offs. I only take out small amounts to cover line of credit payments at the time which is like $50 a month for each 10k loan, rest I keep in the operation as it costs me nada.

 Now since my HW is paid for I only pull out 30% in Fiat and 20% in Gold bullion a month for year prior and keep a spreadsheet to keep track of each month. I also now set up a 20% for trading and speculation.

 I am mining yac atm and not looking to sell at this price as my mining model is different and for me this makes sense from every angle

PS bulanula: Why scam people? This market has been more then rewarding for all with minimum investment and little patience, really dont get the point.

[cycloid]

$1 a day vs cost of powering 100W for 24 hours ( 0.24 kwh ) --- which is greater ?

Mining YAC with your hardware is not profitable, get over it. Most people I know are not mining anything but they have invested some money in certain cryptocoins. Get my drift?

I dunno im happy that I can now use my work pcs to mine something. Also once gpu mining for this coin is adopted and public price will shoot up