hashnine
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March 31, 2014, 07:23:35 PM |
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i sold all my fcking LTC for buy DRK and VTC
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Careful XC anonymous coin is a scam
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deky_
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March 31, 2014, 07:37:46 PM |
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VTC Donations : VmdSExjrX9wxVt3mSq2mGXd4bLtNrpyGhJ
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PoolMingo
Member
Offline
Activity: 84
Merit: 10
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March 31, 2014, 09:23:39 PM |
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2/10 rewarded with 20 VTC blocks found! Come on you can be the next!join now at http://vertcoin.mingopool.com . First 10 blocks finders will be rewarded with 20 VTC, not from the pool wallet, will be awarded from the admin wallet!Give us some hashes! it will be worth! AUTOMATED PAYMENTS ONLINE SUPPORT 24/7 monitoring Stratum 0% FEE DDOS protection PPLNS VARDIFF Powerfull server WWW.MINGOPOOL.COM DOGECOIN - 365 coin - CleanWaterCoin- Vertcoin - RotoCoin - CatalonianCoinCHAT CHANNEL #MINGOPOOL AT FREENODE
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rapsac
Member
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Activity: 106
Merit: 10
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March 31, 2014, 09:31:26 PM Last edit: April 01, 2014, 12:12:32 AM by rapsac |
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Here is what i think (warning: rant) The PoW for scrypt-n is slower than that of scrypt. Fact. The PoW of scrypt is slower than that of SHA256, also fact. What makes the slower PoW of scrypt-n any worse than the also slow scrypt? The answer: because litecoin said so. The time needed for validation depends on the PoW algo and of the speed of the hardware doing the validation. As computers/asics get faster the time needed decreases. So it used to take longer than it takes now. I can't draw any other conclusion from this. There have been no obvious disadvantages for the slower PoW, not for scrypt and not for scrypt-n. I'm sure litecoin has a thorough analysis (fud) for that too, but i bet they forget to mention how slow their PoW was when litecoin was cpu minable only and how that caused those big problems then ... NOT! I've read litecoin's reasoning for not changing the PoW, and they only talk more fud. Yes, changing a PoW is not easy and yes it will (for a short period of time) cause problems for users. But for a coin that was meant to be asic resistant the community should/would want it to remain true to its principles? The devs want a stable (unchanging) coin, well no-shit-sherlock! Maybe asics are the one thing that undermines just that?! Ultimatly what is comes down to is what makes a coin a coin. Properties of a coin: - BEING ASIC RESISTANT or not or any other groundbreaking new development - Block time - Rewards for miners and transaction cost, max. coins - any form of pre-mining - The community and bussinesses that accept the coin - and technically its PoW The PoW is largely irrelevant to the coin's users, it is only there to support the rest of the coin's properties. If any of the coin's properties is broken/threatened its users will expect that this will be solved! Hard fork or not. Asics threatening the coin's basic properties is for sure a good reason for a fork. If LTC had decided to fork when needed then most altcoins would be dead. Most altcoins only exist because the devs fail to support the most important properties of the existing coins. I've said it before and will do so again; LTC is dead now asics have removed its only reason to exist. In 6 month LTC will follow FTC into oblivion. I can't think of any real reason for litecoin not to change its PoW, other than MONEY, DEV'S MONEY, ASIC-DEV'S MONEY and politics! <edited for clarification/typos and a failed attempt to tame it down a bit>
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othe
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April 01, 2014, 02:59:36 AM |
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I quote myself now: Running 1500 scrypt hashes with N=2048 - 0.00109417 avg. sec per hash Running 1500 scrypt hashes with N=4096 - 0.00216536 avg. sec per hash Running 1500 scrypt hashes with N=8192 - 0.00450547 avg. sec per hash Running 1500 scrypt hashes with N=16384 - 0.00928228 avg. sec per hash Running 1500 scrypt hashes with N=32768 - 0.01895874 avg. sec per hash Running 1500 scrypt hashes with N=65536 - 0.04028997 avg. sec per hash Running 1500 scrypt hashes with N=131072 - 0.08082690 avg. sec per hash
just some hacked up test written in python on an i5-4250U CPU @ 1.30GHz, this can and should be heavily optimized with AVX and whatever else will come up in the future. even with the current gen hardware the next nfactor adjustments are fast enough to solve on every fullnode running client - mobile phones and co will use liteweight wallets anyway.
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spikers
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Activity: 79
Merit: 10
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April 01, 2014, 04:29:30 AM |
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VERTCOIN MINING POOL VTCWEB.POOLZ.NETPowerful 16-core 32 Gb physical (not virtual) servers Gigabit Connection and SSD drives High Efficiency, fast payments Almost 10% of the network, you won't wait for a block One of the oldest VTC pools, trusted by many STABLE AND DDoS PROTECTED
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Rmcdermott927
Legendary
Offline
Activity: 2254
Merit: 1140
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April 01, 2014, 04:36:06 AM |
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Mine with us on our low latency P2Pool Server. Based out of New York. Here is the server info:
Super Low .5% Fee
moonhost.kicks-ass.org:9171/
(no need for stratum+tcp argument, just point your miner to the above address)
View your stats here: moonhost.kicks-ass.org:9171/static/
Standard Mpos server to follow in the next few days.
VTC Donate: VmFiTqr9ShDD6ya7sdHHED11s8Dpk9T5Hq BTC Donate: 1JUkLED44U8M9KWLuCKBtsexoXQpNdc6CH
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CryptoWaves
Newbie
Offline
Activity: 38
Merit: 0
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April 01, 2014, 04:37:46 AM |
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FYI Today I opened new VTC pool at Coinotron.comWe already solved first block. Legendary mining pool adds VTC!
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Spoetnik
Legendary
Offline
Activity: 1540
Merit: 1011
FUD Philanthropist™
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April 01, 2014, 08:03:52 AM |
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in case people are curious i did some cpu and gpu testing with nvidia and ati etc i found that mining Vertcoin was close to 3x more profitable than mining Darkcoin. So if you wanted darkcoins then mine VTC and buy them also i think VTC is more honest.. Dark coin is a rip off of Quark and they won't give any credit to Quark at all and play dumb about it. they also have all kinds of trickery involved from day one like parading it around as a cpu only coin and not posting gpu miner links on the ANN page description. Even though there was gpu miners around since day 1 ! so they have exploited the rep of being a cpu only coin to get people involved.. scammy ! Screw Darkcoin and their scammy bullshit.. their title boasts claims they can't back up too.. it's also listed on the CPU only coin listing topic.
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FUD first & ask questions later™
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markyminer
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April 01, 2014, 02:58:49 PM |
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Here is what i think (warning: rant) The PoW for scrypt-n is slower than that of scrypt. Fact. The PoW of scrypt is slower than that of SHA256, also fact. What makes the slower PoW of scrypt-n any worse than the also slow scrypt? The answer: because litecoin said so. The time needed for validation depends on the PoW algo and of the speed of the hardware doing the validation. As computers/asics get faster the time needed decreases. So it used to take longer than it takes now. I can't draw any other conclusion from this. There have been no obvious disadvantages for the slower PoW, not for scrypt and not for scrypt-n. I'm sure litecoin has a thorough analysis (fud) for that too, but i bet they forget to mention how slow their PoW was when litecoin was cpu minable only and how that caused those big problems then ... NOT! I've read litecoin's reasoning for not changing the PoW, and they only talk more fud. Yes, changing a PoW is not easy and yes it will (for a short period of time) cause problems for users. But for a coin that was meant to be asic resistant the community should/would want it to remain true to its principles? The devs want a stable (unchanging) coin, well no-shit-sherlock! Maybe asics are the one thing that undermines just that?! Ultimatly what is comes down to is what makes a coin a coin. Properties of a coin: - BEING ASIC RESISTANT or not or any other groundbreaking new development - Block time - Rewards for miners and transaction cost, max. coins - any form of pre-mining - The community and bussinesses that accept the coin - and technically its PoW The PoW is largely irrelevant to the coin's users, it is only there to support the rest of the coin's properties. If any of the coin's properties is broken/threatened its users will expect that this will be solved! Hard fork or not. Asics threatening the coin's basic properties is for sure a good reason for a fork. If LTC had decided to fork when needed then most altcoins would be dead. Most altcoins only exist because the devs fail to support the most important properties of the existing coins. I've said it before and will do so again; LTC is dead now asics have removed its only reason to exist. In 6 month LTC will follow FTC into oblivion. I can't think of any real reason for litecoin not to change its PoW, other than MONEY, DEV'S MONEY, ASIC-DEV'S MONEY and politics! <edited for clarification/typos and a failed attempt to tame it down a bit> VTC's problem right now is that it's price into BTC/FIAT is to low for anyone with GPU rigs paying $0.20 kwh or higher to breakeven on electricity costs due to it's slower hash rate for scrypt-n. But LTC is still slightly profitable. Personally I don't mine for the love of crypto, not using 2300 watts 24/7 over 8 gpus! If it don't make a few $ a day over the cost of energy I just shut down. For this reason alone I have scrypt asics on order. We will need the next generations of AMD GPU with better hash/watt ratios to keep mining VTC long term. I'm pretty sure the majority of miners don't do it for love! M
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layyen
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April 01, 2014, 03:02:13 PM |
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hope the price will rise again, this should be only temporary, we will see, diff on ltc is not going up, sometimes it went down a bit, its not "good for vtc" but when this will be opposite, then vtc will profit from this
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DRPD
Legendary
Offline
Activity: 1148
Merit: 1001
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April 01, 2014, 03:31:10 PM |
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Here is what i think (warning: rant) The PoW for scrypt-n is slower than that of scrypt. Fact. The PoW of scrypt is slower than that of SHA256, also fact. What makes the slower PoW of scrypt-n any worse than the also slow scrypt? The answer: because litecoin said so. The time needed for validation depends on the PoW algo and of the speed of the hardware doing the validation. As computers/asics get faster the time needed decreases. So it used to take longer than it takes now. I can't draw any other conclusion from this. There have been no obvious disadvantages for the slower PoW, not for scrypt and not for scrypt-n. I'm sure litecoin has a thorough analysis (fud) for that too, but i bet they forget to mention how slow their PoW was when litecoin was cpu minable only and how that caused those big problems then ... NOT! I've read litecoin's reasoning for not changing the PoW, and they only talk more fud. Yes, changing a PoW is not easy and yes it will (for a short period of time) cause problems for users. But for a coin that was meant to be asic resistant the community should/would want it to remain true to its principles? The devs want a stable (unchanging) coin, well no-shit-sherlock! Maybe asics are the one thing that undermines just that?! Ultimatly what is comes down to is what makes a coin a coin. Properties of a coin: - BEING ASIC RESISTANT or not or any other groundbreaking new development - Block time - Rewards for miners and transaction cost, max. coins - any form of pre-mining - The community and bussinesses that accept the coin - and technically its PoW The PoW is largely irrelevant to the coin's users, it is only there to support the rest of the coin's properties. If any of the coin's properties is broken/threatened its users will expect that this will be solved! Hard fork or not. Asics threatening the coin's basic properties is for sure a good reason for a fork. If LTC had decided to fork when needed then most altcoins would be dead. Most altcoins only exist because the devs fail to support the most important properties of the existing coins. I've said it before and will do so again; LTC is dead now asics have removed its only reason to exist. In 6 month LTC will follow FTC into oblivion. I can't think of any real reason for litecoin not to change its PoW, other than MONEY, DEV'S MONEY, ASIC-DEV'S MONEY and politics! <edited for clarification/typos and a failed attempt to tame it down a bit> VTC's problem right now is that it's price into BTC/FIAT is to low for anyone with GPU rigs paying $0.20 kwh or higher to breakeven on electricity costs due to it's slower hash rate for scrypt-n. But LTC is still slightly profitable. Personally I don't mine for the love of crypto, not using 2300 watts 24/7 over 8 gpus! If it don't make a few $ a day over the cost of energy I just shut down. For this reason alone I have scrypt asics on order. We will need the next generations of AMD GPU with better hash/watt ratios to keep mining VTC long term. I'm pretty sure the majority of miners don't do it for love! M hmm i don't see a real difference at profitability atm btw ltc and vtc. example with current price/diff atm: 8000 mhs scrypt / 4000 mhs scypt-n with 25 cents kwh: ltc -$5.13 vtc - $5.43 difference hardly worth mentioning ... edit: calculated with 4000 Watts
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markyminer
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April 01, 2014, 04:01:30 PM |
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Here is what i think (warning: rant) The PoW for scrypt-n is slower than that of scrypt. Fact. The PoW of scrypt is slower than that of SHA256, also fact. What makes the slower PoW of scrypt-n any worse than the also slow scrypt? The answer: because litecoin said so. The time needed for validation depends on the PoW algo and of the speed of the hardware doing the validation. As computers/asics get faster the time needed decreases. So it used to take longer than it takes now. I can't draw any other conclusion from this. There have been no obvious disadvantages for the slower PoW, not for scrypt and not for scrypt-n. I'm sure litecoin has a thorough analysis (fud) for that too, but i bet they forget to mention how slow their PoW was when litecoin was cpu minable only and how that caused those big problems then ... NOT! I've read litecoin's reasoning for not changing the PoW, and they only talk more fud. Yes, changing a PoW is not easy and yes it will (for a short period of time) cause problems for users. But for a coin that was meant to be asic resistant the community should/would want it to remain true to its principles? The devs want a stable (unchanging) coin, well no-shit-sherlock! Maybe asics are the one thing that undermines just that?! Ultimatly what is comes down to is what makes a coin a coin. Properties of a coin: - BEING ASIC RESISTANT or not or any other groundbreaking new development - Block time - Rewards for miners and transaction cost, max. coins - any form of pre-mining - The community and bussinesses that accept the coin - and technically its PoW The PoW is largely irrelevant to the coin's users, it is only there to support the rest of the coin's properties. If any of the coin's properties is broken/threatened its users will expect that this will be solved! Hard fork or not. Asics threatening the coin's basic properties is for sure a good reason for a fork. If LTC had decided to fork when needed then most altcoins would be dead. Most altcoins only exist because the devs fail to support the most important properties of the existing coins. I've said it before and will do so again; LTC is dead now asics have removed its only reason to exist. In 6 month LTC will follow FTC into oblivion. I can't think of any real reason for litecoin not to change its PoW, other than MONEY, DEV'S MONEY, ASIC-DEV'S MONEY and politics! <edited for clarification/typos and a failed attempt to tame it down a bit> VTC's problem right now is that it's price into BTC/FIAT is to low for anyone with GPU rigs paying $0.20 kwh or higher to breakeven on electricity costs due to it's slower hash rate for scrypt-n. But LTC is still slightly profitable. Personally I don't mine for the love of crypto, not using 2300 watts 24/7 over 8 gpus! If it don't make a few $ a day over the cost of energy I just shut down. For this reason alone I have scrypt asics on order. We will need the next generations of AMD GPU with better hash/watt ratios to keep mining VTC long term. I'm pretty sure the majority of miners don't do it for love! M hmm i don't see a real difference at profitability atm btw ltc and vtc. example with current price/diff atm: 8000 mhs scrypt / 4000 mhs scypt-n with 25 cents kwh: ltc -$5.13 vtc - $5.43 difference hardly worth mentioning ... edit: calculated with 4000 Watts I don't know many who in real world mining manage to achieve 50% of scrypt hashrate with scrypt-n. Best I can get stable on 7950's is 45%. try the calculation x 0.45 of scrypt hashrate. M
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aleks648
Full Member
Offline
Activity: 230
Merit: 100
Bounty Manager
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April 01, 2014, 04:24:59 PM |
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One of VTCs oldest pools, http://VTC.KILOVOLT.CO.UK is now on 0%! Come join us again!*High End Dedicated Servers *Fully Redundant, Fault-Tolerant Architecture *Automatic Backup of Wallets and Databases *Technical Support from Experienced Coin Devs and Pool Owners (Aleks_N from Team VTC Dev) *Mining here supports the development of VTC. 25% of pool profits go to fund the ongoing dev of VTC.Please send some hash back our way. Look forward to seeing you all soon! Aleks_N
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DRPD
Legendary
Offline
Activity: 1148
Merit: 1001
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April 01, 2014, 04:47:33 PM |
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Here is what i think (warning: rant) The PoW for scrypt-n is slower than that of scrypt. Fact. The PoW of scrypt is slower than that of SHA256, also fact. What makes the slower PoW of scrypt-n any worse than the also slow scrypt? The answer: because litecoin said so. The time needed for validation depends on the PoW algo and of the speed of the hardware doing the validation. As computers/asics get faster the time needed decreases. So it used to take longer than it takes now. I can't draw any other conclusion from this. There have been no obvious disadvantages for the slower PoW, not for scrypt and not for scrypt-n. I'm sure litecoin has a thorough analysis (fud) for that too, but i bet they forget to mention how slow their PoW was when litecoin was cpu minable only and how that caused those big problems then ... NOT! I've read litecoin's reasoning for not changing the PoW, and they only talk more fud. Yes, changing a PoW is not easy and yes it will (for a short period of time) cause problems for users. But for a coin that was meant to be asic resistant the community should/would want it to remain true to its principles? The devs want a stable (unchanging) coin, well no-shit-sherlock! Maybe asics are the one thing that undermines just that?! Ultimatly what is comes down to is what makes a coin a coin. Properties of a coin: - BEING ASIC RESISTANT or not or any other groundbreaking new development - Block time - Rewards for miners and transaction cost, max. coins - any form of pre-mining - The community and bussinesses that accept the coin - and technically its PoW The PoW is largely irrelevant to the coin's users, it is only there to support the rest of the coin's properties. If any of the coin's properties is broken/threatened its users will expect that this will be solved! Hard fork or not. Asics threatening the coin's basic properties is for sure a good reason for a fork. If LTC had decided to fork when needed then most altcoins would be dead. Most altcoins only exist because the devs fail to support the most important properties of the existing coins. I've said it before and will do so again; LTC is dead now asics have removed its only reason to exist. In 6 month LTC will follow FTC into oblivion. I can't think of any real reason for litecoin not to change its PoW, other than MONEY, DEV'S MONEY, ASIC-DEV'S MONEY and politics! <edited for clarification/typos and a failed attempt to tame it down a bit> VTC's problem right now is that it's price into BTC/FIAT is to low for anyone with GPU rigs paying $0.20 kwh or higher to breakeven on electricity costs due to it's slower hash rate for scrypt-n. But LTC is still slightly profitable. Personally I don't mine for the love of crypto, not using 2300 watts 24/7 over 8 gpus! If it don't make a few $ a day over the cost of energy I just shut down. For this reason alone I have scrypt asics on order. We will need the next generations of AMD GPU with better hash/watt ratios to keep mining VTC long term. I'm pretty sure the majority of miners don't do it for love! M hmm i don't see a real difference at profitability atm btw ltc and vtc. example with current price/diff atm: 8000 mhs scrypt / 4000 mhs scypt-n with 25 cents kwh: ltc -$5.13 vtc - $5.43 difference hardly worth mentioning ... edit: calculated with 4000 Watts I don't know many who in real world mining manage to achieve 50% of scrypt hashrate with scrypt-n. Best I can get stable on 7950's is 45%. try the calculation x 0.45 of scrypt hashrate. M i use 11 x Asus r9 280x normal scrypt 720 - 740 kh/s (depends a bit on coin and setting) scrypt-n = 360 - 370 kh/s (no overclocking) so in fact i get 50% and my calculation is right for my card. can not speak for your card ...
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BorisTheSpider
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April 01, 2014, 05:17:56 PM |
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I`d like to hear from them on the issues of slower block propagation throughout the network with adaptive N algorithm, that Litecoin devs are talking about..
It's really a non-issue - here is current BTC propogation: http://bitcoinstats.com/network/propagation/Block validation is for sure more intensive on VTC than on normal scrypt, but the difference is insignificant in the context of modern hardware.
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PoolMingo
Member
Offline
Activity: 84
Merit: 10
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April 01, 2014, 05:46:54 PM |
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2/10 rewarded with 20 VTC blocks found! Come on you can be the next!join now at http://vertcoin.mingopool.com . First 10 blocks finders will be rewarded with 20 VTC, not from the pool wallet, will be awarded from the admin wallet!sou you'll receive pool earnings + 20VTC! Give us some hashes! it will be worth! AUTOMATED PAYMENTS ONLINE SUPPORT 24/7 monitoring Stratum 0% FEE DDOS protection PPLNS VARDIFF Powerfull server WWW.MINGOPOOL.COM DOGECOIN - 365 coin - CleanWaterCoin- Vertcoin - RotoCoin - CatalonianCoinCHAT CHANNEL #MINGOPOOL AT FREENODE
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JohnnyDaMitch
Member
Offline
Activity: 135
Merit: 10
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April 01, 2014, 09:27:47 PM |
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I don't know many who in real world mining manage to achieve 50% of scrypt hashrate with scrypt-n. Best I can get stable on 7950's is 45%. try the calculation x 0.45 of scrypt hashrate.
M
i use 11 x Asus r9 280x normal scrypt 720 - 740 kh/s (depends a bit on coin and setting) scrypt-n = 360 - 370 kh/s (no overclocking) so in fact i get 50% and my calculation is right for my card. can not speak for your card ... Yeah I get 50% too.
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zero3112
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April 01, 2014, 09:30:32 PM |
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I don't know many who in real world mining manage to achieve 50% of scrypt hashrate with scrypt-n. Best I can get stable on 7950's is 45%. try the calculation x 0.45 of scrypt hashrate.
M
i use 11 x Asus r9 280x normal scrypt 720 - 740 kh/s (depends a bit on coin and setting) scrypt-n = 360 - 370 kh/s (no overclocking) so in fact i get 50% and my calculation is right for my card. can not speak for your card ... Yeah I get 50% too. I am not getting any pool confirms what miner does this coin use. scrypt not working.
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