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singula
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February 02, 2014, 02:14:08 PM |
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Isent it possible to develope a GPU program for ourselfs to mine this sha-3 maxcoin? It can't just be the developers that can do this, come on everyone let's get together to crack this!
Shouldn't be that hard to build a GPU miner - are there any other coins out there using same algorithm (Keccak) too (so such miner can be tried in advance), or is this coin first one? |
Big brother is not watching you anymore. Big brother is telling you how to live.
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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guybrushthreepwood
Legendary
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Activity: 1232
Merit: 1195
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February 02, 2014, 02:34:41 PM |
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on Wednesday it will launch or there will be available clients for mining in a future date  Wasn't it being released on the 4th, or have they changed this now? |
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cryptoking1
Newbie
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Activity: 5
Merit: 0
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February 02, 2014, 03:21:56 PM |
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Isent it possible to develope a GPU program for ourselfs to mine this sha-3 maxcoin? It can't just be the developers that can do this, come on everyone let's get together to crack this!
Shouldn't be that hard to build a GPU miner - are there any other coins out there using same algorithm (Keccak) too (so such miner can be tried in advance), or is this coin first one? Yes there is blakecoin that is based on the new sha-3 algo, and it looks like there are GPU mining programs to mine it. In theory this can be done for maxcoin. Any thoughts ? Check this out: https://bitcointalk.org/index.php?topic=306894.0 |
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yatsey87
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February 02, 2014, 03:26:35 PM |
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I've got a feeling this launch will be anticlimactic. Something will go wrong.
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singula
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February 02, 2014, 03:56:52 PM |
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Yes there is blakecoin that is based on the new sha-3 algo
But blake is only SHA-3 finalist, while keccak is SHA-3 winner, so Keccak = SHA-3, but Keccak != Blake. Although the functions are similar with regard to their speed/performance, so I guess we should expect similar gap between CPu and GPU mining here too (roughly 300-500x faster with GPU). |
Big brother is not watching you anymore. Big brother is telling you how to live.
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seafarer124
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February 02, 2014, 04:22:17 PM |
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I know absolutely nothing about mining or the technical side of crypto currency.
I have BTC and love what it can hopefully achieve.
Can anybody offer an explanation of the point of all these alt coins? Do these new coins compliment BTC, are they superior in some way, or is it competition?
Would it not be far better to pooling all knowledge and making BTC achieve greater things, considering it is still very young.
Surely, getting the general masses to adopt BTC is a mammoth task, having all these other coins offering whatever it is they have would totally confuse anyone not familiar with crypto currencies.
I am confused. Do we really need hundreds of crypto currencies this early?
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yatsey87
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February 02, 2014, 04:26:48 PM |
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I know absolutely nothing about mining or the technical side of crypto currency.
I have BTC and love what it can hopefully achieve.
Can anybody offer an explanation of the point of all these alt coins? Do these new coins compliment BTC, are they superior in some way, or is it competition?
Would it not be far better to pooling all knowledge and making BTC achieve greater things, considering it is still very young.
Surely, getting the general masses to adopt BTC is a mammoth task, having all these other coins offering whatever it is they have would totally confuse anyone not familiar with crypto currencies.
I am confused. Do we really need hundreds of crypto currencies this early?
Well most are just made to pump and dump and make a quick profit on. Nothing more nothing less. |
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renbit
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February 02, 2014, 04:49:36 PM |
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This one seems actually quite interesting. Will be mining this on release.
when does the wallet etc get released? cpu only , for a time... how long do you estimate it will take for gpu mining to be available after release |
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seafarer124
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February 02, 2014, 04:54:22 PM
Last edit: February 02, 2014, 05:07:03 PM by seafarer124 |
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I know absolutely nothing about mining or the technical side of crypto currency.
I have BTC and love what it can hopefully achieve.
Can anybody offer an explanation of the point of all these alt coins? Do these new coins compliment BTC, are they superior in some way, or is it competition?
Would it not be far better to pooling all knowledge and making BTC achieve greater things, considering it is still very young.
Surely, getting the general masses to adopt BTC is a mammoth task, having all these other coins offering whatever it is they have would totally confuse anyone not familiar with crypto currencies.
I am confused. Do we really need hundreds of crypto currencies this early?
Well most are just made to pump and dump and make a quick profit on. Nothing more nothing less. Still confused. What is the point of "pump & dump"? If the masses just see people losing or a pointless type of activity it will just bring more bad press to BTC. Surely the whole exercise is to achieve global adoption. The vast majority are not interested in what you describe. I must be missing something. |
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zaigon
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February 02, 2014, 05:05:21 PM |
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well in my opinion. is just like that to make quick profit. make 40k 50k 100k 200k usd in few hours is not BAD or few days.so all altcoins are welcome....
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yatsey87
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February 02, 2014, 05:08:08 PM
Last edit: February 02, 2014, 05:24:41 PM by yatsey87 |
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I know absolutely nothing about mining or the technical side of crypto currency.
I have BTC and love what it can hopefully achieve.
Can anybody offer an explanation of the point of all these alt coins? Do these new coins compliment BTC, are they superior in some way, or is it competition?
Would it not be far better to pooling all knowledge and making BTC achieve greater things, considering it is still very young.
Surely, getting the general masses to adopt BTC is a mammoth task, having all these other coins offering whatever it is they have would totally confuse anyone not familiar with crypto currencies.
I am confused. Do we really need hundreds of crypto currencies this early?
Well most are just made to pump and dump and make a quick profit on. Nothing more nothing less. Still confused. What is the point of "pump & dump"? Surely the whole exercise is to achieve global adoption. The vast majority are not interested in what you describe. Newbs and people who want to make a quick profit care. They don't give a shit about cryptocurrency or what it can achieve or represent, they just want to get rich quick. |
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seafarer124
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February 02, 2014, 05:13:15 PM |
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For somebody to make $40,000 somebody must lose.
As I say, more bad press.
We have enough greed now without developing more.
All appears rather short sighted.
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turtoro
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February 02, 2014, 05:42:30 PM |
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For somebody to make $40,000 somebody must lose.
Thats not necessarily true. Its not a zero-sum game |
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PGPpfKkx
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February 02, 2014, 05:58:00 PM |
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of course it is. the last one that gets the coin before it starts dropping and dies it the loser its like a hot potato. read some economic theory
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turtoro
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February 02, 2014, 06:07:53 PM |
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of course it is. the last one that gets the coin before it starts dropping and dies it the loser its like a hot potato. read some economic theory
Im talking about crypto market as a whole. |
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elixir
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February 02, 2014, 06:29:19 PM |
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max keiser rang me, whispered "3 days" and then hung up. should i be worried.  |
OPEC oc2E9cQ4StgaMW2a18pKuZGe5h9RZdLL9c ✪ Non nobis solum, sed omnibus! - Franko ✪ Ɖ ~ DSNJ49NdZM4KjLHfPSYEGWKRn7wSC4bWqi |
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gaston909
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February 02, 2014, 06:31:04 PM |
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pump and dump maxcoin time!
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sidhujag
Legendary
Offline
Activity: 2044
Merit: 1005
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February 02, 2014, 06:42:05 PM |
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of course it is. the last one that gets the coin before it starts dropping and dies it the loser its like a hot potato. read some economic theory
Im talking about crypto market as a whole. I will simplify it for you.. Think of the game hot potatoes  |
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f1ndm3h
Newbie
Offline
Activity: 42
Merit: 0
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February 02, 2014, 08:53:43 PM |
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So this coin is CPU only and only if I am not mistaken? Someone reassure me plz? It Seems interesting |
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turtoro
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February 02, 2014, 08:54:47 PM |
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of course it is. the last one that gets the coin before it starts dropping and dies it the loser its like a hot potato. read some economic theory
Im talking about crypto market as a whole. I will simplify it for you.. Think of the game hot potatoes Let me explain to you how this works because you dont seem to understand. Ill explain it like to a 5 year old. John buys 1btc for 1$. New "investors" come in and drive the capitalization and price rises to 5$. John sells his btc and makes 5x profit. Those who buy at 5$ dont lose. What you described is a ponzi scheme. And if you think that is what Btc and some cryptos are, then what are you even doing here? |
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