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Author Topic: [ANN][CACH] CACHeCoin released based on scrypt-jane  (Read 224370 times)
SamboNZ
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March 01, 2014, 11:03:23 PM
 #1041

So the memory limitation is only with GPUs?
No.

I mean will the memory limitation not apply to CPU mining eventually?
singula
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March 02, 2014, 03:48:11 AM
 #1042

So the memory limitation is only with GPUs?
No.

I mean will the memory limitation not apply to CPU mining eventually?

It will. But scrypt-jane-N used in the proof of work basically need some amount of RAM for every thread that calculates it. So for CPU's you need one chunk of ram for every core and considering better desktop computers now have usually between 8-12 cores and between 16-32 GB RAM, you have about 2-3 GB per computing core available.
With GPU and its massive parallelism (hundreds of computation units/threads running at once), and lesser amount of RAM (1-4 GB typical), you have usually only about 10-30 MB per computing core. Now we have reached the phase when GPUs still work, but because of the memory requirements you can't utilize all the cores in the GPU (this may perhaps need to modify the mining programs to be able to handle this situation). So GPU's will be usable for a while, but around Nfactor 14 or 15, it will become more efficient to mine with CPU.

At Nfactor around 20, it may be necessary to mine only with some of the CPU cores to cope with increasing RAM demands (with current CPUs). But I expect that around 2017-2018 we may have better CPUs and more RAM, so perhaps that won't be necessary.

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March 02, 2014, 04:54:47 AM
 #1043

Once we reach N factor 14 I think we will effectively be out of GPU range for most of the current ones. I think it is safe to say that ASIC technology is not yet capable of reaching the numbers required to mine this coin in the near future.

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SamboNZ
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March 02, 2014, 06:11:40 AM
 #1044

Right, I understand now.

So when GPU mining becomes unprofitable / impossible and everyone reverts to CPU mining, I guess the difficulty will drop dramatically.  At this stage will it be anywhere near as profitable to CPU mine vs what GPU mining is now?
kalgecin (OP)
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March 02, 2014, 07:38:13 AM
 #1045

Right, I understand now.

So when GPU mining becomes unprofitable / impossible and everyone reverts to CPU mining, I guess the difficulty will drop dramatically.  At this stage will it be anywhere near as profitable to CPU mine vs what GPU mining is now?

yes. If not even more






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DMacleod
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March 02, 2014, 08:36:26 AM
 #1046

5 MH/S of scrypt hashing power = ? on cache's scrypt jane?
kalgecin (OP)
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March 02, 2014, 09:05:37 AM
 #1047

5 MH/S of scrypt hashing power = ? on cache's scrypt jane?

Try and find out. depends on more than just a simple formula. Mostly it depends on your gpu






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joshua3m
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March 02, 2014, 11:27:43 AM
 #1048

5 MH/S of scrypt hashing power = ? on cache's scrypt jane?

i can get around 1Mh/s on jane where before i was getting 2.7 on scrypt. 
the biggest difference that temp's were around 10% higher mining CACH...
singula
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March 03, 2014, 12:56:23 AM
 #1049

Just wondering - is there any reason why cryptsy is not listed in the OP in the list of exchanges?

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kalgecin (OP)
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March 03, 2014, 01:05:50 AM
 #1050

Just wondering - is there any reason why cryptsy is not listed in the OP in the list of exchanges?

A very good reason Wink My bad head ;P






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bit_coin_genuis
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March 03, 2014, 01:45:04 AM
 #1051

Hmm... this is way over 51% ... why is no one freaking out, i though this should be avoided at all costs ?

CACHECOIN TOTAL Network Hashrate:  Approx 280MH/S according to ---- http://q30.qhor.net:8336/static/

http://cach.catcoin.cz/ POOL hashrate :  171 MH/S


kalgecin (OP)
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March 03, 2014, 02:19:40 AM
 #1052

Hmm... this is way over 51% ... why is no one freaking out, i though this should be avoided at all costs ?

CACHECOIN TOTAL Network Hashrate:  Approx 280MH/S according to ---- http://q30.qhor.net:8336/static/

http://cach.catcoin.cz/ POOL hashrate :  171 MH/S




We utilize PoS to limit the way 51% attack works. The pool would need close to 80%-90% of the network hashrate to make the attack feasible. Plus, doubt the pool owner is trying to double spend. But then again, always wait at least 6 confirms to ensure payout is valid. People need to understand what 51% attack does, before freaking out






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bit_coin_genuis
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March 03, 2014, 02:22:50 AM
 #1053

I don't understand proof of stake and cannot find any information on how to "mint" new coins...  

I have over 300 CACHE in my wallet only for a couple of days but I want to make sure everything is right for PoS

My wallet is password encrypted ... i remember reading for Peercoin that encrypted wallets  are no good for PoS ... why is there not more abundant easily accessible information on how to use PoS on cachecoin.org?

Also is there a possibility of me not being able to use my coins if they switch to the stake portion of the wallet ?

Is there a tutorial on this somewhere out there ?

Cheers,

kalgecin (OP)
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March 03, 2014, 02:26:09 AM
 #1054

I don't understand proof of stake and cannot find any information on how to "mint" new coins...  

I have over 300 CACHE in my wallet only for a couple of days but I want to make sure everything is right for PoS

My wallet is password encrypted ... i remember reading for Peercoin that encrypted wallets  are no good for PoS ... why is there not more abundant easily accessible information on how to use PoS on cachecoin.org?

Also is there a possibility of me not being able to use my coins if they switch to the stake portion of the wallet ?

Is there a tutorial on this somewhere out there ?

Cheers,



It has been explained several times in this thread. You do not need anything apart from keeping your wallet unlocked if encrypted. You wont be able to spend coins that have just been staked until they mature






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...INTRODUCING WAVES........
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singula
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March 03, 2014, 03:59:10 AM
 #1055

Hmm... this is way over 51% ... why is no one freaking out, i though this should be avoided at all costs ?

CACHECOIN TOTAL Network Hashrate:  Approx 280MH/S according to ---- http://q30.qhor.net:8336/static/

http://cach.catcoin.cz/ POOL hashrate :  171 MH/S

I've noticed it and closed the pool for new registrations several hours ago. Any new miners will have to go to other pools, so this should stabilize soon. Hopefully.

Due to PoS blocks being interleaved with PoW blocks, it will be actually needed more than 51% (around those 80-90%) for the attack to be feasible with good probability - of course unless you hold lot of coins to be able to influence the PoS blocks too, helping the attack. But getting 51% of the coins would be very costly for the attacker Smiley

Also, pool having 51% is alone not a problem (except being single point of failure for miners, etc .... but there are now at least 2 other usable MPOS pools and bunch of p2pool nodes, so in case of some unlikely total failure, miners can spread elsewhere).

Pool having 51% (or with combined pow+pos coin a bit more) AND owner being evil can be then a problem (like deposit loads of coins on an exchange, then sell them for BTC, withdraw BTC and then publish longer version of the chain where the transaction from you to exchange is not present (you have your BTC and then take back your CACH), so basically it enables double spend - this is theory, but for this you need to holding back block in the pool (and this is very noticeable in the network and such bad behavior can be easily detected) top release them all at once later).

With "only" 60% with PoW+PoS coin, this attack has only very low chance of success (and very high chance of detection, regardless of being successful or not).

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Beave162
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March 03, 2014, 04:47:01 AM
 #1056

Once we reach N factor 14 I think we will effectively be out of GPU range for most of the current ones. I think it is safe to say that ASIC technology is not yet capable of reaching the numbers required to mine this coin in the near future.

Not true. YACoin is currently at NFactor 14 and the best hardware is still GPU. A lot of misinformation being spread on here...

YaCoin: YL5kf54wPPXKsXd5T18xCaNkyUsS1DgY7z 
BitCoin: 14PFbLyUdTyxZg3V8hnvj5VXkx3dhthmDj
bit_coin_genuis
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March 03, 2014, 06:33:23 AM
 #1057

I don't understand proof of stake and cannot find any information on how to "mint" new coins...  

I have over 300 CACHE in my wallet only for a couple of days but I want to make sure everything is right for PoS

My wallet is password encrypted ... i remember reading for Peercoin that encrypted wallets  are no good for PoS ... why is there not more abundant easily accessible information on how to use PoS on cachecoin.org?

Also is there a possibility of me not being able to use my coins if they switch to the stake portion of the wallet ?

Is there a tutorial on this somewhere out there ?

Cheers,



It has been explained several times in this thread. You do not need anything apart from keeping your wallet unlocked if encrypted. You wont be able to spend coins that have just been staked until they mature

I have Encrypted it ... I do not know how to unlock it ?? i do not see this option how do I do this ... On what page if this thread is PoS explained ?  the search functions in these forums are terrible.

Cheers,
simonhard
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March 03, 2014, 07:30:06 AM
 #1058

Help > Debug > Console > Enter:
Code:
Code:
walletpassphrase <secretkey> 9999999

This will unlock your wallet for 9999999 seconds (>100 days) or until you restart the client.
DiggingD33p
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March 03, 2014, 11:32:00 AM
 #1059

I would like to buy some cach for 500$ with skrill/moneybookers. Please send me offers.

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March 03, 2014, 02:25:48 PM
 #1060

I'm getting around 190 khs using a 270x, anyone getting better results using that GPU?
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