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Author Topic: [ANN][STCY] StacyCoin  (Read 21108 times)
BubaDave
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February 11, 2014, 03:06:50 PM
 #61

It is impossible to make it CPU ONLY mineable.  The way to keep GPU miners out is to make it unprofitable for them.  My suggestion is to award the coins not to the first solution presented, but to  a random solution solver. Instead of increasing the difficulty level each block, increase the number of solutions that must be presented before the award.

No matter how difficult the block, a GPU will always out perform a CPU.  If you were into computers in the 80s and early 90s, you would remember how long is took a CPU to load an image.  You could actually see the image load, line by line.  A 480x600 image in color, could take over a minute to load.  When Graphic cards came out, even the early 500k cards, the images loaded in a second or two. 

If the award goes to the 20th or 50th solution, randomly, the GPU miners will find it unprofitable.  When a new block is released for hashing, the GPU miners will solve it very quickly, and submit the solution.... while the CPU miners will eventually solve it, but lag behind.  The pools will likely be the first to submit, solo GPU miners second, and CPU miners third.  Awarding coins to the 20th solution will increase the chances that a solo CPU miner gets the coins, and not a pool or a GPU miner. 

There are plenty of coins for GPU and pools to mine.  It would be beneficial to the popularity of mining, if a coin, or two, was set up to largly favor CPU miners.... the average joe with a laptop.

Thanks for your suggestions..  as an "average joe on a laptop"  I really do agree!

I think adjusting a reward system to reward not first but a randomly selected solution would still prove ineffectual. As the percentages of people submitting those would be determined simply by who's mining.. so if say there are 2 cpu miners and 1 GPU miner, the GPU miner would simply be re-doing that block and still get a better odds than either of the CPU guys.

I would sincerely love to see more CPU miners (botnets be damned, I want my mum to be able to mine even just for a slice)..   To make STCY CPU only I'd need to rework the coin against quark or primecoin.

Its all appealing as I am only a CPU miner myself but I need to try and keep this project to its goals.

That is:
- no pre-mine etc
- Code is strictly downstream of MAX.  which means GPUs will be mining from the get go (Shikata ga nai)
- A really fabulous launch  (this is where most of the work will be going)


I'm currently trying to get the maxcoin-qt client fixed but won't stay too obsessed on it.

No launch date announced yet but good progress has been made, a test genesis booted etc..

Currently establishing relations with trusted pools, website + docs being developed

I'm planning to do some node tests this week (possibly tonight) and test+document deployment of STCY pools and 1gh's cpuminerd and Ahmeds stratum code.

Maybe once STCY is in the wild and stuff we can look a keccak enabled CPU coin, I suspect its already been done actually but haven’t the time to segway there yet. My workstation currently mining SRC for what its worth, not got the time to investigate others


... then again.. maybe STCY should be a CPU only clone.. I'll propose the question on twitter to see what reaction I get  (at least that way I wouldn't need/want to fix the miner in the -qt wallet)
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February 11, 2014, 03:53:04 PM
 #62

Just... When ?

Stay tuned buddy... we will ensure there at least a weeks warning
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February 11, 2014, 04:07:48 PM
 #63

How effective is the standard "mom and pop laptop" currently at mining Quark, or any other "CPU coin"?

The only way a laptop is going to mine anything effectively for more than a few hours is if it's being used to control a botnet, or rented cloud power and VM's.



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February 11, 2014, 05:07:16 PM
 #64

It is impossible to make it CPU ONLY mineable.  The way to keep GPU miners out is to make it unprofitable for them.  My suggestion is to award the coins not to the first solution presented, but to  a random solution solver. Instead of increasing the difficulty level each block, increase the number of solutions that must be presented before the award.

No matter how difficult the block, a GPU will always out perform a CPU.  If you were into computers in the 80s and early 90s, you would remember how long is took a CPU to load an image.  You could actually see the image load, line by line.  A 480x600 image in color, could take over a minute to load.  When Graphic cards came out, even the early 500k cards, the images loaded in a second or two. 

If the award goes to the 20th or 50th solution, randomly, the GPU miners will find it unprofitable.  When a new block is released for hashing, the GPU miners will solve it very quickly, and submit the solution.... while the CPU miners will eventually solve it, but lag behind.  The pools will likely be the first to submit, solo GPU miners second, and CPU miners third.  Awarding coins to the 20th solution will increase the chances that a solo CPU miner gets the coins, and not a pool or a GPU miner. 

There are plenty of coins for GPU and pools to mine.  It would be beneficial to the popularity of mining, if a coin, or two, was set up to largly favor CPU miners.... the average joe with a laptop.

I have quite a few GPUs. But, I agree with this dude or dude'et.

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February 11, 2014, 05:08:30 PM
 #65

lol wtf is this shit

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February 11, 2014, 05:22:22 PM
 #66

New shit
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February 12, 2014, 05:05:53 PM
 #67

How effective is the standard "mom and pop laptop" currently at mining Quark, or any other "CPU coin"?

The only way a laptop is going to mine anything effectively for more than a few hours is if it's being used to control a botnet, or rented cloud power and VM's.





Well there Nocturnal, I have two old laptops running 24/7 performing CPU mining on DOGE.  I get 14K hashrate per laptop..... not very great, but better than just letting them sit on the shelf, unused.  It generates around 75 DOGE a day thru Multipool.us.

So CPU mining is possible with laptops.... just not as profitable as ASIC or GPU mining.


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February 12, 2014, 06:36:17 PM
 #68

Making this GPU proof is simple. Make it a primecoin fork with low starting difficulty around 7.0 or less. This will allow everyone with lower end cpus a chance at finding a block before the difficulty gets too high and favors only the overclocked i7's

A primecoin fork will also keep most of the pool operators away.


 
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Bfljosh
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February 12, 2014, 06:56:59 PM
 #69

Max is a loser.
Stacy is a loser.
Dev is a loser.
===========+/+

3 losers, 3 losers can't be good!

NEXT!
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February 12, 2014, 07:00:54 PM
 #70

Making this GPU proof is simple. Make it a primecoin fork with low starting difficulty around 7.0 or less. This will allow everyone with lower end cpus a chance at finding a block before the difficulty gets too high and favors only the overclocked i7's

A primecoin fork will also keep most of the pool operators away.



no it wont.. all it will do is give a botnet operator a very good chance at taking most of the coins.

KARMA: KSc9oGgGga1TS4PqZNFxNS9LSDjdSgpC1B      VERT: VgKaooA5ZuLLUXTUANJigH9wCPuzBUBv9H
DOGE:   DRN7pXid34o6wQgUuK8BoSjWJ5g8jiEs4e
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February 12, 2014, 11:01:23 PM
 #71

STACYCOIN.......TITS ABOVE THE MAXCOIN

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February 14, 2014, 08:37:23 AM
 #72

Let the games begin! Grin

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February 14, 2014, 09:24:02 AM
 #73

DAMN whaa great ideassss

if its not scryot i willl have to kill myslef ..i love scrypt coins so much i keep changing my forum name and making clone of Tenebrix

is it hard to make  anew coin ? does yoooo need a good reason or can it just be teh same as teh coin you copied with adifferent name and icon Huh?

man yooooour smart cna i learnz dfrom yoo ?

FUD first & ask questions later™
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February 14, 2014, 06:52:44 PM
 #74

DAMN whaa great ideassss

if its not scryot i willl have to kill myslef ..i love scrypt coins so much i keep changing my forum name and making clone of Tenebrix

is it hard to make  anew coin ? does yoooo need a good reason or can it just be teh same as teh coin you copied with adifferent name and icon Huh?

man yooooour smart cna i learnz dfrom yoo ?

i think this will be the same as max but apparently better, as maxcoin has been out for a while their are qt wallets and compiled gpu miners available. i still cant understand why the maxcoin devs gave everyone the masters to compile them selves within an hour of the launch, i personally couldnt get it all working in time.  Embarrassed

so if their is a gpu miner available prior to launch everyone can test it first on a maxcoin pool so they know its working. pools ready at the launch would be a bonus too.  Cheesy

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BubaDave
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February 15, 2014, 05:10:47 AM
 #75

DAMN whaa great ideassss

if its not scryot i willl have to kill myslef ..i love scrypt coins so much i keep changing my forum name and making clone of Tenebrix

is it hard to make  anew coin ? does yoooo need a good reason or can it just be teh same as teh coin you copied with adifferent name and icon Huh?

man yooooour smart cna i learnz dfrom yoo ?

i think this will be the same as max but apparently better, as maxcoin has been out for a while their are qt wallets and compiled gpu miners available. i still cant understand why the maxcoin devs gave everyone the masters to compile them selves within an hour of the launch, i personally couldnt get it all working in time.  Embarrassed

so if their is a gpu miner available prior to launch everyone can test it first on a maxcoin pool so they know its working. pools ready at the launch would be a bonus too.  Cheesy


Yes we will not release untill we have all the required stuff ready, windows gui wallets, stratum code, cgminer all of it
I've even got a few minor MAX patches in the pipeworks.

Work is going pretty well, been working with Stacy on some idea's we can't make public (yet).

New website almost ready..

...we also have a name-troll who's jumped into the game to deal with now: https://bitcointalk.org/index.php?topic=466174.msg5153705#msg5153705
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February 15, 2014, 05:49:53 AM
 #76

P lease make sure there is a faucet for us poorer peeps lol working hard to collect coin and do some giveaways even if there is no premining. Grin
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February 15, 2014, 02:26:09 PM
 #77

P lease make sure there is a faucet for us poorer peeps lol working hard to collect coin and do some giveaways even if there is no premining. Grin

Well because we're not pre-mining I'm not sure how I could fund a faucet. I will look into it though, maybe we can get donations or something... I do get your point, I'm one of the poorer peeps also Wink

I spent most of my #MAX getting some of the code they/we need bountied btw
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February 15, 2014, 02:39:16 PM
 #78

Making this GPU proof is simple. Make it a primecoin fork with low starting difficulty around 7.0 or less. This will allow everyone with lower end cpus a chance at finding a block before the difficulty gets too high and favors only the overclocked i7's

A primecoin fork will also keep most of the pool operators away.



no it wont.. all it will do is give a botnet operator a very good chance at taking most of the coins.

Yup  Wink

 
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February 15, 2014, 05:56:19 PM
 #79

Making this GPU proof is simple. Make it a primecoin fork with low starting difficulty around 7.0 or less. This will allow everyone with lower end cpus a chance at finding a block before the difficulty gets too high and favors only the overclocked i7's

A primecoin fork will also keep most of the pool operators away.



no it wont.. all it will do is give a botnet operator a very good chance at taking most of the coins.

Yup  Wink


So, why support this pricks? If you'll make the coin easy mineable at laptops, suckers with botnets will take it. If you'll make GPU coin - GPU farmers will be first etc etc


I believe the only "fair" algorythm is PoS, and it makes sense. You believe in this coin? Then buy it and you'll have more and more!

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February 15, 2014, 09:32:39 PM
 #80

Making this GPU proof is simple. Make it a primecoin fork with low starting difficulty around 7.0 or less. This will allow everyone with lower end cpus a chance at finding a block before the difficulty gets too high and favors only the overclocked i7's

A primecoin fork will also keep most of the pool operators away.



no it wont.. all it will do is give a botnet operator a very good chance at taking most of the coins.

Yup  Wink


So, why support this pricks? If you'll make the coin easy mineable at laptops, suckers with botnets will take it. If you'll make GPU coin - GPU farmers will be first etc etc


I believe the only "fair" algorythm is PoS, and it makes sense. You believe in this coin? Then buy it and you'll have more and more!

Hey, we're keeping the algo and code pure from MAX, its a little challenging on the build side as keccak is quite new but PoS (and I'm a big PPC fan) is not really part of the scheme I'm afraid sorry
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