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Author Topic: Number 9! Ninth altcoin thread. Back to the moon Baby!  (Read 14415 times)
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mochaaa
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September 07, 2019, 07:47:34 AM
 #361

the 5700 does/will have pcie 4.0 no? id be inclined to convert from 1080tis
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September 07, 2019, 05:00:59 PM
 #362

the 5700 does/will have pcie 4.0 no? id be inclined to convert from 1080tis

It has. But what is it good for? I'm running a 1080ti on pcie 8x set to gen2 and framerates in games are the same.
The 5700 does use way less power than a 1080ti so there's that.
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September 07, 2019, 10:38:00 PM
 #363

No idea if this is fake news or not but according to some news article found on Tradingview, it looks like the ProgPOW audit was completed and infavor of switching to a new algo.

And they will include the new algo in the fork after this fork sometime at the beginning of 2020. Anyone got any concrete source for this or is it all speculation as before?

Looks like my RX 470 4GB should get like 10MH/s or so. So might finally power them up again eventually. Seems like the Nvidia GPUs will be the winners for this algo however.
Anyone know if the old ETH ASICs will be able to mine ETH or will they need to build new ASICs? Since ProgPOW just levels the playing field and doesn't get rid of them entirely.

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September 08, 2019, 10:26:00 PM
 #364

No idea if this is fake news or not but according to some news article found on Tradingview, it looks like the ProgPOW audit was completed and infavor of switching to a new algo.

And they will include the new algo in the fork after this fork sometime at the beginning of 2020. Anyone got any concrete source for this or is it all speculation as before

I read the same, this would be huge.  kicking off ASICs and giving GPUs a great way to spread out hash.  
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September 08, 2019, 10:36:48 PM
 #365

No idea if this is fake news or not but according to some news article found on Tradingview, it looks like the ProgPOW audit was completed and infavor of switching to a new algo.

And they will include the new algo in the fork after this fork sometime at the beginning of 2020. Anyone got any concrete source for this or is it all speculation as before

I read the same, this would be huge.  kicking off ASICs and giving GPUs a great way to spread out hash.  


Upon more investigation I am not sure the news is accurate.

I've went to ethereum reddit, ethermining reddit and tried a few different sources and nothing is confirmed about the algo implementation for ProgPOW.

I think all these news articles write unconfirmed information and they are just guessing and assuming that since the audit was positive, then they have to implement it in the next hard-fork however why I'm I not seeing anything from the eth developers? This is huge news and huge bad news for the ASIC community, so why isn't anyone talking about it.

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September 08, 2019, 11:07:02 PM
 #366

The Eth devs are so paralyzed by fear and indecision that I don't put any faith in anything from them until after it happens.
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September 09, 2019, 01:05:05 AM
 #367

The Eth devs are so paralyzed by fear and indecision that I don't put any faith in anything from them until after it happens.

Yeah pretty much the truth.

Morons.

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September 09, 2019, 01:47:55 AM
 #368

The Eth devs are so paralyzed by fear and indecision that I don't put any faith in anything from them until after it happens.

Yeah pretty much the truth.

Morons.

I haven't trusted eth from the very beginning because of it's author's, it's security (to me its on the same level of trust as Adobe flash and Java), and it's centralization.... not to mention the circulating supply growth.


I am truly amazed it went from 10-1000, and i really don't expect it to last forever....   then again, Adobe flash is still a thing coming close to 2020.....

YoBit is not to be trusted.   They magically show volume that is 10-100x the amount of coins that the total network has on a certain shitcoin;  and it all happened while the wallet was "offline" and about half of the actual coins in the network are in private wallets.

Be warned;  stay away from them.  -JK
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September 09, 2019, 02:47:16 AM
 #369

Here is what was said at todays meeting:


There is still another audit on ProgPoW pending completion, as noted by Jameson during today’s meeting.

“[Bob Rao] is doing a very extensive hardware audit,” Jameson said. “Bob’s audit should be coming out very soon. It’s in final stages [and] is going to answer a lot more of the questions and speculations around ProgPoW.”
The testnet launch of ethereum’s Istanbul system-wide upgrade has been set.

“For anyone listening in who doesn’t know how this works, we pick a block number that we estimate to be around the 2nd of October,”
testnet october, live november
scheduled at least
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September 09, 2019, 05:04:24 AM
 #370

The Eth devs are so paralyzed by fear and indecision that I don't put any faith in anything from them until after it happens.

Yeah pretty much the truth.

Morons.

I haven't trusted eth from the very beginning because of it's author's, it's security (to me its on the same level of trust as Adobe flash and Java), and it's centralization.... not to mention the circulating supply growth.


I am truly amazed it went from 10-1000, and i really don't expect it to last forever....   then again, Adobe flash is still a thing coming close to 2020.....

Ethereum seems to be pretty decentralized in terms of hashrate, its why its good that its mostly GPU mineable which anyone can do. However I do agree that the rich list is very centralized. There are a handful few which control most of the coins. Its why I am not happy how it was essentially an ICO before the launch.

The security however I think its very bad because of the complexity of the coin. Basically you can compare Bitcoin to an old Mercedes Diesel from the 1980s which can go on to a million miles and you can compare Ethereum to a brand new state of the art Mercedes S class from 2019. Sure the car will have many features that the 1980s diesel doesn't however if it keeps breaking down then what is the overall point. They had that DAO hack, that smart control bug which has millions of frozen coins and other issues with the coin. Can't really trust all your life savings with ETH.

I also never expected it to hit $1400, if I did I would of never sold the bulk of all my ETH holdings at like $20 or so.

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September 09, 2019, 06:55:38 AM
 #371

Are any of you guys in this thread testing out mining with NAVI (RX 5700 series) with the new AMD driver that just came out?

Thinking to replace my 1080tis for 5700s. I could make $100 per replacement, save some power and get another 3 year warranty while retaining the same hash rate.

8gb gpu ram...they are past, remember how 3gb and 4gb got out classed? wait for better cards.
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September 09, 2019, 07:15:12 PM
 #372

The Eth devs are so paralyzed by fear and indecision that I don't put any faith in anything from them until after it happens.

Yeah pretty much the truth.

Morons.

I haven't trusted eth from the very beginning because of it's author's, it's security (to me its on the same level of trust as Adobe flash and Java), and it's centralization.... not to mention the circulating supply growth.


I am truly amazed it went from 10-1000, and i really don't expect it to last forever....   then again, Adobe flash is still a thing coming close to 2020.....

Ethereum seems to be pretty decentralized in terms of hashrate, its why its good that its mostly GPU mineable which anyone can do. However I do agree that the rich list is very centralized. There are a handful few which control most of the coins. Its why I am not happy how it was essentially an ICO before the launch.

The security however I think its very bad because of the complexity of the coin. Basically you can compare Bitcoin to an old Mercedes Diesel from the 1980s which can go on to a million miles and you can compare Ethereum to a brand new state of the art Mercedes S class from 2019. Sure the car will have many features that the 1980s diesel doesn't however if it keeps breaking down then what is the overall point. They had that DAO hack, that smart control bug which has millions of frozen coins and other issues with the coin. Can't really trust all your life savings with ETH.

I also never expected it to hit $1400, if I did I would of never sold the bulk of all my ETH holdings at like $20 or so.

Agreed. Also, It's possible that other blockchain projects ( ie: NEO Cardano, Holochain, Hedera etc.) will surpass ETH in due course. I have bought a bit of these other projects..but not Hedera (aka: HashGraph) yet. Diversifying  might be a safer path in the long run.

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September 09, 2019, 08:46:47 PM
 #373

the 5700 does/will have pcie 4.0 no? id be inclined to convert from 1080tis

What will AMD cards mine when  xmr changes to random x and eth changes to progpow?  I know eth devs are tools but I wouldn’t buy a card when a change a few months away might render them useless.

I have 9 Radeon VIIs and I'm thinking about selling them, when xmr changes algos the only thing left will be eth and that will get hammered with xmr rigs switching over.
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September 09, 2019, 09:28:51 PM
 #374


I am truly amazed it went from 10-1000, and i really don't expect it to last forever....   then again, Adobe flash is still a thing coming close to 2020.....

ETH has been talking "move to PoS" for years, nothing significant has happened.
I figure they'll take years to make an algorithm change as well, IF it ever happens.

Flash is FINALLY slowly dying, as new sites are largely going with HTML5 instead and some old sites are converting.

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September 10, 2019, 08:18:06 AM
 #375

Results of progpow audit
https://medium.com/ethereum-cat-herders/progpow-audits-released-ed4973ebe073
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September 10, 2019, 09:38:26 PM
 #376


The medium article doesn't really tell us much only that the audit is complete. Both the hardware and software audit. All it does is thank a few people and there are 2 links to the audit PDFs.

Reading the hardware audit by Bob tells us

Quote
The ProgPOW algorithm works well to mitigate conventional ASIC strategies which
only address accelerating the computation side of this memory hard algorithm:
• Current Ethash ASICs on the market are demonstrating ~1.6 X Hashrate/Watt over GPUs

So I am assuming that it means that the hardware audit is in favor of ProgPOW?

Anyone got more hardware experience that can read the article and analyze it better? I just read the conclusion in the last few slides.

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September 10, 2019, 10:31:06 PM
 #377

They say ProgPoW is effective against ASIC's:
https://decrypt.co/9064/ethereums-progpow-algorithm-is-effective-says-audit?utm_source=feed&utm_medium=Feed
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September 11, 2019, 05:18:30 PM
 #378

https://www.nicehash.com/my/miner/33MP6oHLGnnrVAf1hC3WV2RBXZ2HNsexYw


https://www.nicehash.com/my/miner/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje
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September 13, 2019, 12:51:11 PM
Last edit: September 13, 2019, 01:04:38 PM by philipma1957
 #379

Anyone on nicehash?  I was wondering  what happens to the money owed me from these 3 addresses


comes to around 0.0155 btc

https://i.imgur.com/pDmaDKA.png
https://i.imgur.com/qrSbzFS.png

https://i.imgur.com/To2825J.png
https://i.imgur.com/qrSbzFS.png



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September 14, 2019, 04:48:57 PM
 #380

Anyone on nicehash?  I was wondering  what happens to the money owed me from these 3 addresses


comes to around 0.0155 btc


i can't login to my nicehash account even "the reset password for migration to new platform" doesn't work...it is a good thing i took everything that they refunded so far, still I have a very small amount of BTC there (remaining to be refunded).

so nicehash is venturing to an exchange now? what could possibly go wrong? another future hack lol. be careful with nicehash folks.
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