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Author Topic: PoW not ecological. I'm writing a new algorithm.  (Read 502 times)
Section51 (OP)
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March 20, 2018, 03:38:06 AM
 #1

I mined a few bitcoins but it just cost too much energy, I don't think it's an efficient way of mining. I'm writing a new algorithm by mining with hard drive. I tried Burst but it has logical flaws, not a good method. Stay Tuned.
qwertyking
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March 20, 2018, 04:09:40 AM
 #2

good luck
mydongo
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March 20, 2018, 05:24:29 AM
 #3

Would the algorithm accelerate the aging of the hard drive? What would happened when mining the hard drive destroyed?
warning_btc
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March 20, 2018, 05:28:27 AM
 #4

I think its hard to write something new for one person, but i hope you have been succes.
Can you share logic of your algo, its sharing files ?

szafa
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March 20, 2018, 05:50:49 AM
 #5

New algo and how to mining ?
ManicMiner23
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March 20, 2018, 06:20:23 AM
 #6

You can develop a "green" algo, but miners are not going to move to a "green" algo massively, miners are going to move just to the most profitable algo.

But anyway, good luck.
HeraldoCrypto
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March 20, 2018, 06:34:03 AM
 #7

Sounds like a good idea to me. It would probably attract a lot of people with low-end hardware that can't mine efficiently with GPU, etc.
peterboy1
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March 20, 2018, 07:04:56 AM
 #8

He is area 51'ning it people. Stay tuned.
shibob
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March 20, 2018, 08:35:22 AM
 #9

Your algorithm/miner is about using hard drive, so if it's something relates to Proof-of-Capacity (PoC) it should be very nice. I always like the idea of PoC which is very simple and mostly dont consume any energy, one of that is Burst coin as you mentioned. I really like Burst coin because its community is very nice, and I'm also mining Burst with ~80Tb capacity, but it likes I'm mining for fun now, the difficulty level already 3x since last December.
Ale-x1
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March 20, 2018, 09:09:24 AM
 #10

Yep! Enough to feed GPUs and ASIC manufacturers! It's time to feed harddrive makers  Wink
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March 20, 2018, 12:09:08 PM
 #11

If the coin takes off all that would happen is  hdd waste and your green idea is lost.

or the coin does not take off and it save no resources


but I hope you succeed as hdds are commonplace so it would be decentralized

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mindrust
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March 20, 2018, 02:52:30 PM
Last edit: March 20, 2018, 03:20:36 PM by mindrust
 #12

I mined a few bitcoins but it just cost too much energy, I don't think it's an efficient way of mining. I'm writing a new algorithm by mining with hard drive. I tried Burst but it has logical flaws, not a good method. Stay Tuned.

What logical flaws burst does have may I ask?

I mine it and to me it is pretty awesome. I still would like to see a competing algo. More people mine with HDD's, better it is.

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GazWales
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March 20, 2018, 03:26:23 PM
 #13

Nice - hope you succeed   Grin

rdluffy
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March 20, 2018, 03:26:48 PM
 #14

I never tried Burst, but lets us know if you have success, it's interesting

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Section51 (OP)
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March 20, 2018, 03:29:31 PM
 #15

I mined a few bitcoins but it just cost too much energy, I don't think it's an efficient way of mining. I'm writing a new algorithm by mining with hard drive. I tried Burst but it has logical flaws, not a good method. Stay Tuned.

What logical flaws burst does have may I ask?

I mine it and to me it is pretty awesome. I still would like to see a competing algo. More people mine with HDD's, better it is.

Faking the actually capacity.
mayers8851
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March 20, 2018, 04:14:23 PM
 #16

I mined a few bitcoins but it just cost too much energy, I don't think it's an efficient way of mining. I'm writing a new algorithm by mining with hard drive. I tried Burst but it has logical flaws, not a good method. Stay Tuned.

If this algo becomes popular, millions of HDDs will consume a lot of energy too.

Yep! Enough to feed GPUs and ASIC manufacturers! It's time to feed harddrive makers  Wink

Exactly!  Cheesy
MagicSmoker
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March 20, 2018, 04:17:25 PM
 #17

He is area 51'ning it people. Stay tuned.

Can't tune in; wearing my tin foil hat...  Tongue

dhouse
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March 20, 2018, 04:18:16 PM
 #18

I mined a few bitcoins but it just cost too much energy, I don't think it's an efficient way of mining. I'm writing a new algorithm by mining with hard drive. I tried Burst but it has logical flaws, not a good method. Stay Tuned.

im writing one to mine with seaweed
mindrust
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March 20, 2018, 04:41:22 PM
 #19

I mined a few bitcoins but it just cost too much energy, I don't think it's an efficient way of mining. I'm writing a new algorithm by mining with hard drive. I tried Burst but it has logical flaws, not a good method. Stay Tuned.

What logical flaws burst does have may I ask?

I mine it and to me it is pretty awesome. I still would like to see a competing algo. More people mine with HDD's, better it is.

Faking the actually capacity.

It is about to get patched with a hard fork as far as i know.

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zion73
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March 20, 2018, 10:24:02 PM
 #20

I think that's a great idea. When we see the price of mining, both for equipment and for electricity, all other forms of consensus have a chance for the future.

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