ETC / Ethereum Classic is testing a change of its mining algo

[Iamtutut]

Details here:

https://medium.com/@antsankov/the-what-why-and-how-of-astor-testnet-e7366ba2a730

In short, new algo would be SHA3 aka Keccak256

[1715041319]

1715041319

[1715041319]

1715041319

[0xcosmos]

oh wow
this implementation will really push cpu mining back like in the glory days in the past
gonna get my threadripper ready for this

[stolarzz]

oh wow
this implementation will really push cpu mining back like in the glory days in the past
gonna get my threadripper ready for this

Is there a way to implement this algo on GPUs?

[Kasperiko]

Details here:

https://medium.com/@antsankov/the-what-why-and-how-of-astor-testnet-e7366ba2a730

In short, new algo would be SHA3 aka Keccak256

The usual thing in etc project. Now the one who is the first to re-arrange in the first week will get the best profit.
Many miners did not hear about this news at this stage, and the sites where mining profit is calculated have not yet rebuilt their algorithms.

[Iamtutut]

Details here:

https://medium.com/@antsankov/the-what-why-and-how-of-astor-testnet-e7366ba2a730

In short, new algo would be SHA3 aka Keccak256

The usual thing in etc project. Now the one who is the first to re-arrange in the first week will get the best profit.
Many miners did not hear about this news at this stage, and the sites where mining profit is calculated have not yet rebuilt their algorithms.

It's a testnet, there is no date of fork or height announced yet. So you can held your horses

[rdluffy]

Great news, mining with CPU will be profitable again, no Asics for a period of time, I'll jump in ETC for sure 
ETC is a big coin and other devs will be looking to see what is going to happen with this change of algo, let's see how can we mine

[EdgeOfSanity]

Algo for FPGA. This will hurt gpu mining even more by moving gpu miners off that coin onto something else.

[rdluffy]

Algo for FPGA. This will hurt gpu mining even more by moving gpu miners off that coin onto something else.

But it takes time to make bitstreams to FPGA or to create Asics, they are doing this to prevent 51% atacks, they will need the community to achieve this, not only big miners

[EdgeOfSanity]

Algo for FPGA. This will hurt gpu mining even more by moving gpu miners off that coin onto something else.

But it takes time to make bitstreams to FPGA or to create Asics, they are doing this to prevent 51% atacks, they will need the community to achieve this, not only big miners

Throughput comparison graphic in the article shows a xilinx FPGA running various algos including keccak256. It'll be a matter of month if not less before the network is controlled by FPGA. Given that its a large enough coin, bitstreams will be developed while its on the testnet. ASICs will follow within a year. This change does nothing for gpu miners. Just another fpga/asic mined shitcoin.

[KryptoKai]

I was wondering why the price of ethereum classic was rising, must be related to the prevention of asics. CPU miners will be more abundant but their power will be less, interesting to see what happens

[huntingthesnark]

Algo for FPGA. This will hurt gpu mining even more by moving gpu miners off that coin onto something else.

But it takes time to make bitstreams to FPGA or to create Asics, they are doing this to prevent 51% atacks, they will need the community to achieve this, not only big miners

Throughput comparison graphic in the article shows a xilinx FPGA running various algos including keccak256. It'll be a matter of month if not less before the network is controlled by FPGA. Given that its a large enough coin, bitstreams will be developed while its on the testnet. ASICs will follow within a year. This change does nothing for gpu miners. Just another fpga/asic mined shitcoin.

As rdluffy said, the aim is to mitigate 51% attacks, which completely makes sense. ETC is totally at risk on current algo given it's value and nethash vs ETH, and progpow or not that's not gonna change. Moving to a proven algo does fix it.

Sure, asics might follow much later, but there's a deal of difference in needing to maliciously engineer asics to conduct an attack vs popping onto Nicehash for a minute.

[ivan1975]

I think by the time of the transition from testnet to the mainnet, various GPU miners will appear.
Perhaps even at the moment they are being developed.

[JeffBrad12]

I think by the time of the transition from testnet to the mainnet, various GPU miners will appear.
Perhaps even at the moment they are being developed.

that's already developed from a long time ago. CG and cuda miner already supported keccak and this has already confirmed. Some people already anticipated the release of keccak or especially this day when there was crypto that will use a new algo caused by the security breach.

[ivan1975]

I think by the time of the transition from testnet to the mainnet, various GPU miners will appear.
Perhaps even at the moment they are being developed.

that's already developed from a long time ago. CG and cuda miner already supported keccak and this has already confirmed. Some people already anticipated the release of keccak or especially this day when there was crypto that will use a new algo caused by the security breach.

If this is old algo, then it is not clear why the article article says that the only way to mine is use Python CPU miner.

[JeffBrad12]

I think by the time of the transition from testnet to the mainnet, various GPU miners will appear.
Perhaps even at the moment they are being developed.

that's already developed from a long time ago. CG and cuda miner already supported keccak and this has already confirmed. Some people already anticipated the release of keccak or especially this day when there was crypto that will use a new algo caused by the security breach.

If this is old algo, then it is not clear why the article article says that the only way to mine is use Python CPU miner.

Those articles are not relevant for me but just try to visit its official announcement will bring you to the algo that supported by cuda miner and keccak already supported by cuda from 2014. https://cryptomining-blog.com/tag/cgminer-3-7-3/
cg has already supported keccak for maxcoin mining too.

[martychubbs]

thanks so much for sharing! I feel exited. I just wonder when? anyway, it seems to me i'll have to reconsider my equipment. i hope to get some good profit from it. Bitstream will be developed in a due course, i guess? Really, news are great but it rises lots of questions.
whether it's me who'd dull here or it's something that has been hidden on purpose.

[jacafbiz]

I was wondering why the price of ethereum classic was rising, must be related to the prevention of asics. CPU miners will be more abundant but their power will be less, interesting to see what happens

What I think ETC developers are trying to do is to position themselves in a position to capture Ethereum miners when Ethereum switch over to POS, but the team need more than this to protect this project long term they need to get Dpps running on their blockchain, this is very important

[ikicha]

Oh my god, New algorithm SHA 3 is FPGA algo.
This mean GPU Miners era has been ended?

ETC have 10 TH/s network hashrate this mean :

10 TH/s = 1,048,576 MH/s

each RX570 have 30 MH/s, so this time ETC have about 34,952 RX 570 miners moved to another GPU mineable coins.

[Johny101010]

I might be wrong, but can't you dual mine Ethash and keccack on Claymore?
Mine Eth and etc at the same time.

[JeffBrad12]

I might be wrong, but can't you dual mine Ethash and keccack on Claymore?
Mine Eth and etc at the same time.

You can still mine etc and eth at the same time because claymore is also supporting keccak right now. I guess that already mentioned in the claymore's main thread about what's coin that already supported for dual mining. Remember the main point is CG and CUDA have supported keccak algo / SHA3.