[YAC] Is yac mining pointless ?

[Tamis]

Do you think yac as a future ?
Should the mining be solo or pooled ?

Thanks for your insights

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[JahPowerBit]

YAC is the only altcoin with some innovation.
All others alt coin made by GPU miners who wants to make profitable them hardware (with pump and dump)
All this alt coins are direct result of the placing on the market of asics
So yes IMHO  Yacoin is the future ;-)

http://pool.bitcn.org:8336/static/index.html

[p00chie]

YAC is the only altcoin with some innovation.
All others alt coin made by GPU miners who wants to make profitable them hardware (with pump and dump)
All this alt coins are direct result of the placing on the market of asics
So yes IMHO  Yacoin is the future ;-)

http://pool.bitcn.org:8336/static/index.html

that would be true if gpu yac mining wouldn't be possible. but it is. so yac is like everyone else.

[cryptrol]

YAC is the only altcoin with some innovation.
All others alt coin made by GPU miners who wants to make profitable them hardware (with pump and dump)
All this alt coins are direct result of the placing on the market of asics
So yes IMHO  Yacoin is the future ;-)

http://pool.bitcn.org:8336/static/index.html

that would be true if gpu yac mining wouldn't be possible. but it is. so yac is like everyone else.

If you had followed YAC GPU development you would know that no one has come with a long term GPU solution, the solutions found (and not released AFAIK), will just work since August. So ATM YAC is _not_ like everyone else.

[Hydroponica]

YAC is the only altcoin with some innovation.
All others alt coin made by GPU miners who wants to make profitable them hardware (with pump and dump)
All this alt coins are direct result of the placing on the market of asics
So yes IMHO  Yacoin is the future ;-)

http://pool.bitcn.org:8336/static/index.html

that would be true if gpu yac mining wouldn't be possible. but it is. so yac is like everyone else.

If you had followed YAC GPU development you would know that no one has come with a long term GPU solution, the solutions found (and not released AFAIK), will just work since August. So ATM YAC is _not_ like everyone else.

I think, perhaps, noone has bothered to put the effort in, to make it GPU mineable, because it's value is so little, what's the point?

[Thracky]

GPU mining is already happening. mtrlt, who made reaper, has been mining it for a while, and it's easy to assume others are also. He has no immediate plans on releasing source because he can still make a decent amount with his cards.  Makes sense to me, and you can't really fault the guy for it when he's done the work himself.

[Tywill]

GPU mining is already happening. mtrlt, who made reaper, has been mining it for a while, and it's easy to assume others are also. He has no immediate plans on releasing source because he can still make a decent amount with his cards.  Makes sense to me, and you can't really fault the guy for it when he's done the work himself.

I thought YAC was dead?

[cryptrol]

I thought YAC was dead?

I think yacoin is pretty much dead..

Thank you very much for your contributions Tywill.

[seleme]

Strongest and most stable of all altcoins created in last few weeks. Never went to huge pump just to lose 1500% of it's value, never had a single blockchain problem, proper coin.

Not very profitable to mine at the moment but litecoin and bitcoin were not "making a killing" machines for lot of time in their history, litecoin until very few weeks ago. So if you're for day to day profit mining it, you+re not going to fill your pockets, if you're for a bit longer run, who knows, you maybe might. It's definitely not a copy paste coin like most of others are and if that would be the case to decide it's future it holds a big chance to have a bright one.

[Hydroponica]

Strongest and most stable of all altcoins created in last few weeks. Never went to huge pump just to lose 1500% of it's value, never had a single blockchain problem, proper coin.

Not very profitable to mine at the moment but litecoin and bitcoin were not "making a killing" machines for lot of time in their history, litecoin until very few weeks ago. So if you're for day to day profit mining it, you+re not going to fill your pockets, if you're for a bit longer run, who knows, you maybe might. It's definitely not a copy paste coin like most of others are and if that would be the case to decide it's future it holds a big chance to have a bright one.

I still maintain, that a coin designed to alienate 90% of the mining community, probably won't go far.

[Thirtybird]

I still maintain, that a coin designed to alienate 90% of the mining community, probably won't go far.

I believe you may be thinking about it backwards - This has the possibility to introduce a form of mining to people who don't have dedicated mining farms, or even gaming machines because even a mid range Core i5 laptop has a decent hashrate.  Also, it's currently not competing for hardware resources with other coins, so mine it or don't, you don't have to change focus on your GPUs.

[azwccc]

Like the innovation. But where is the developer? Disappear like Satoshi?

[Tobius]

YAC is the only altcoin with some innovation.
All others alt coin made by GPU miners who wants to make profitable them hardware (with pump and dump)
All this alt coins are direct result of the placing on the market of asics
So yes IMHO  Yacoin is the future ;-)

http://pool.bitcn.org:8336/static/index.html

that would be true if gpu yac mining wouldn't be possible. but it is. so yac is like everyone else.

If you had followed YAC GPU development you would know that no one has come with a long term GPU solution, the solutions found (and not released AFAIK), will just work since August. So ATM YAC is _not_ like everyone else.

Is this really a problem? ASICM I get, it causes centralization, but how is GPU mining a problem at all?

[Tobius]

I still maintain, that a coin designed to alienate 90% of the mining community, probably won't go far.

I believe you may be thinking about it backwards - This has the possibility to introduce a form of mining to people who don't have dedicated mining farms, or even gaming machines because even a mid range Core i5 laptop has a decent hashrate.  Also, it's currently not competing for hardware resources with other coins, so mine it or don't, you don't have to change focus on your GPUs.

But that's not how it works...This isn't socialism.

You get what you pay for. If you have shit hardware, don't expect to be racking in cash. You have to make an investment to get rewards

[nonameo]

mining isn't pointless, imo I think asics are great and if they take over all mining, that's fine by me as long as the hash rate is divided up nicely for security's sake. The reason why people don't like ASIC mining is because the ONLY way new coins get added to the market is through mining, and ASIC limits who can get new coins. So really, at its root, yacoin's competitor is not bitcoin, it's devcoin. They're both trying to make the new coins more accessible, but the difference is that yacoin does it by placing a limitation that most anyone can meet. However, a coin needs miners to secure the block chain, and miners don't like seeing 90% of their block reward go to someone else.... :-/ It's a good thing devcoin is merge mined. I think they'd have trouble with hashpower otherwise.

In the end, people like things that give them access, and don't like things that give others access to a limited resource. You have to strike a balance without giving stuff away for free.

[Tywill]

I thought YAC was dead?

I think yacoin is pretty much dead..

Thank you very much for your contributions Tywill.

They were from the heart

[GSnak]

Different /= better. The average consumer doesn't care how their cryptocurrency is mined (if they ever start using it at all).

[BrewCrewFan]

I still maintain, that a coin designed to alienate 90% of the mining community, probably won't go far.

I believe you may be thinking about it backwards - This has the possibility to introduce a form of mining to people who don't have dedicated mining farms, or even gaming machines because even a mid range Core i5 laptop has a decent hashrate.  Also, it's currently not competing for hardware resources with other coins, so mine it or don't, you don't have to change focus on your GPUs.

You mean on my 2 quads that only get 15 khash each? I gave it up because I could not see results unless I went with win 64

[Thirtybird]

I still maintain, that a coin designed to alienate 90% of the mining community, probably won't go far.

I believe you may be thinking about it backwards - This has the possibility to introduce a form of mining to people who don't have dedicated mining farms, or even gaming machines because even a mid range Core i5 laptop has a decent hashrate.  Also, it's currently not competing for hardware resources with other coins, so mine it or don't, you don't have to change focus on your GPUs.

You mean on my 2 quads that only get 15 khash each? I gave it up because I could not see results unless I went with win 64

I'm not one for telling someone they're doing it wrong on the internet, but unless that's antiquated hardware, you're doing it wrong 

what hardware do you have, and did you download the windows optimized miner that's been posted?  (also available on yacoin.org)

the two piece of hardware I can check right now are as follows:
laptop with a core i5 2410 with N=7 is currently getting 37 kh/sec  (machine circa 2010)
laptop with a core i7 3610 with N=7 is currently getting 80 kh/sec

I don't see how windows 64 makes that big of a difference - I don't think we're at a point where addressing > 4 GB of memory is important yet...

[cryptrol]

I don't see how windows 64 makes that big of a difference - I don't think we're at a point where addressing > 4 GB of memory is important yet...

The x64 miner comes with AVX instructions (available since W7 SP1), that's what makes the difference, and a big one.

[Tamis]

Thanks for all the replies !

Regarding cpu, my i7 3770k oced @4.4ghz gives me something like 135kh/s on win7 64 with avx instructions

[gappie]

The price of Yac on Bter.com will soon hit 0.0002 BTC. There is just one bid holding it up at 0.0003 at 6k Yac. When that falls it a new low. Sell now.

[fenican]

If you want to subsidize a handful of people running GPU ports, i.e. HAND THEM YOUR MONEY, then sure feel free to mine and buy this coin.

If not, let it fall back to zero and move on ...

[bitdwarf]

I mine YACs with GPU... by mining FRC and selling them to buy YAC. So I'm mining as many as the guys with a modified GPU miner, without moving a finger.

[procrypto]

I think, perhaps, noone has bothered to put the effort in, to make it GPU mineable, because it's value is so little, what's the point?

If you want to subsidize a handful of people running GPU ports, i.e. HAND THEM YOUR MONEY, then sure feel free to mine and buy this coin.

Have you guys even taken the time to find out what's going on with regard to GPU implementation?  

So far, we've got a handful of people with relatively unsuccessful GPU mining, and one extremely experienced and competent dev (creator of Reaper) who has indeed got a working GPU implementation, but which will stop working in August.

If GPUs are dominant, how is it that difficulty is falling, block rewards are rising, and my lowly i7 (cranking out 120kh/s) is earning a gradually increasing 30-40 coins a day from p2pool? How is the p2pool even finding blocks if GPUs are dominating?

[Thirtybird]

I don't see how windows 64 makes that big of a difference - I don't think we're at a point where addressing > 4 GB of memory is important yet...

The x64 miner comes with AVX instructions (available since W7 SP1), that's what makes the difference, and a big one.

I did a double check to see what the requirements for AVX were, and from what I found it looks like it's an extension to x86 (so not required to be on x64).  The windows optimized miner comes with an x86 AVX enhanced executable, but I can't vouch for it as I haven't tried that one, since all my CPU's that support AVX are running x64 Windows.

[Thirtybird]

If GPUs are dominant, how is it that difficulty is falling, block rewards are rising, and my lowly i7 (cranking out 120kh/s) is earning a gradually increasing 30-40 coins a day from p2pool? How is the p2pool even finding blocks if GPUs are dominating?

I'm with you on this one - the network hash rate is rising - was 84MH/sec last week, 111MH by friday and up over 125MH today.  We're seeing more people mining this now than there have been in a while.

[cryptrol]

I don't see how windows 64 makes that big of a difference - I don't think we're at a point where addressing > 4 GB of memory is important yet...

The x64 miner comes with AVX instructions (available since W7 SP1), that's what makes the difference, and a big one.

I did a double check to see what the requirements for AVX were, and from what I found it looks like it's an extension to x86 (so not required to be on x64).  The windows optimized miner comes with an x86 AVX enhanced executable, but I can't vouch for it as I haven't tried that one, since all my CPU's that support AVX are running x64 Windows.

True, I didn't notice that the x86 version also came with AVX and wrongly assumed it was only for x64 processors.