Bitcoin Forum
June 21, 2024, 04:12:20 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Poll
Question: Should DigiByte switch from Scrypt to a more ASIC resistant algorithm?
Yes! - 108 (74.5%)
No! - 29 (20%)
Undecided. - 8 (5.5%)
Total Voters: 145

Pages: [1] 2 3 4 »  All
  Print  
Author Topic: With ASICs on the horizon should DigiByte switch algorithms?  (Read 6077 times)
DigiByte (OP)
Legendary
*
Offline Offline

Activity: 1722
Merit: 1051


Official DigiByte Account


View Profile WWW
March 22, 2014, 11:27:48 PM
 #1

With all the recent Scrypt ASIC news we are strongly considering switching DigiByte to a more ASIC resistant algorithm to ensure a more fair mining opportunity for everyone. Our goal since day one is to make sure there is not centralization of hashing power or technology with DigiByte.

Please explain the reason for your vote and if you voted yes please list and provide a link to the algorithm you support.

Also, if anyone has any case studies of a coin hard forking and switching algorithms please post a link.

maardein
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile
March 22, 2014, 11:31:53 PM
 #2

Don't you think it is actually good that scrypt asics are coming? This can only make your network more secure, if you manage to maintain a high hashrate that is.

BTC: 1788UegKXGXXicfPcbZ1bmSUJ99ZWRCF7p
LTC: LZ2rCcoxK4X8wRRynqdxoimd4d3TDNk7Lk
PMP: PApSSdorQds5tQysymwDXPAN3viJLFTUs8
DigiByte (OP)
Legendary
*
Offline Offline

Activity: 1722
Merit: 1051


Official DigiByte Account


View Profile WWW
March 22, 2014, 11:33:32 PM
 #3

Don't you think it is actually good that scrypt asics are coming? This can only make your network more secure, if you manage to maintain a high hashrate that is.
We have thought about this and we do see some positives to this in the long run. Securing the block chain is very important. We wanted to open this up to the community and see what everyone's consensus was on this.

bigc1984
Hero Member
*****
Offline Offline

Activity: 658
Merit: 534


View Profile
March 22, 2014, 11:38:31 PM
 #4

With all the recent Scrypt ASIC news we are strongly considering switching DigiByte to a more ASIC resistant algorithm to ensure a more fair mining opportunity for everyone. Our goal since day one is to make sure there is not centralization of hashing power or technology with DigiByte.

Please explain the reason for your vote and if you voted yes please list and provide a link to the algorithm you support.

Also, if anyone has any case studies of a coin hard forking and switching algorithms please post a link.

switch to X11 algo
sammy007
Legendary
*
Offline Offline

Activity: 1904
Merit: 1003


View Profile
March 22, 2014, 11:41:10 PM
 #5

Undecided, because I'll accept any change which can help to rise the price and nothing more. BTW, It's simple to switch to Scrypt-N, but keccak (from maxcoin) will keep rigs cold, summer is coming.
DigiByte (OP)
Legendary
*
Offline Offline

Activity: 1722
Merit: 1051


Official DigiByte Account


View Profile WWW
March 22, 2014, 11:44:18 PM
 #6

Undecided, because I'll accept any change which can help to rise the price and nothing more. BTW, It's simple to switch to Scrypt-N, but keccak (from maxcoin) will keep rigs cold, summer is coming.
Yes, cooling and electrical savings could be a huge selling point. We are trying to work out the summer cooling issue for our miners as well.

We are looking at potentially modifying Scrypt-N, maybe calling it Scrypt-D or even DigiScrypt?

sammy007
Legendary
*
Offline Offline

Activity: 1904
Merit: 1003


View Profile
March 22, 2014, 11:54:44 PM
 #7

Undecided, because I'll accept any change which can help to rise the price and nothing more. BTW, It's simple to switch to Scrypt-N, but keccak (from maxcoin) will keep rigs cold, summer is coming.
Yes, cooling and electrical savings could be a huge selling point. We are trying to work out the summer cooling issue for our miners as well.

We are looking at potentially modifying Scrypt-N, maybe calling it Scrypt-D or even DigiScrypt?

I don't think it's wise. Scrypt-N already well known, tested, accepted by miners. It's good enough to fight ASICs. Necessary and sufficient.
WTB, sgminer will support scrypt-n out of the box soon.

MP5KU
Full Member
***
Offline Offline

Activity: 120
Merit: 100


View Profile
March 22, 2014, 11:59:38 PM
 #8

Voting for x-11
GPU's are cooler, very hard for asics.
DigiByte (OP)
Legendary
*
Offline Offline

Activity: 1722
Merit: 1051


Official DigiByte Account


View Profile WWW
March 23, 2014, 12:01:44 AM
 #9

Undecided, because I'll accept any change which can help to rise the price and nothing more. BTW, It's simple to switch to Scrypt-N, but keccak (from maxcoin) will keep rigs cold, summer is coming.
Yes, cooling and electrical savings could be a huge selling point. We are trying to work out the summer cooling issue for our miners as well.

We are looking at potentially modifying Scrypt-N, maybe calling it Scrypt-D or even DigiScrypt?

I don't think it's wise. Scrypt-N already well known, tested, accepted by miners. It's good enough to fight ASICs. Necessary and sufficient.
WTB, sgminer will support scrypt-n out of the box soon.


Very good point Sammy, having mining software that works is important!

DigiByte (OP)
Legendary
*
Offline Offline

Activity: 1722
Merit: 1051


Official DigiByte Account


View Profile WWW
March 23, 2014, 12:02:18 AM
 #10

Voting for x-11
GPU's are cooler, very hard for asics.
Does x-11 work with CGMiner? Or is there special mining software required?

sammy007
Legendary
*
Offline Offline

Activity: 1904
Merit: 1003


View Profile
March 23, 2014, 12:06:06 AM
 #11

Voting for x-11
GPU's are cooler, very hard for asics.

What about botnets?
sammy007
Legendary
*
Offline Offline

Activity: 1904
Merit: 1003


View Profile
March 23, 2014, 12:06:49 AM
 #12

Voting for x-11
GPU's are cooler, very hard for asics.
Does x-11 work with CGMiner? Or is there special mining software required?

There is a fork of sgminer.

sph-sgminer https://bitcointalk.org/index.php?topic=516349.0
sammy007
Legendary
*
Offline Offline

Activity: 1904
Merit: 1003


View Profile
March 23, 2014, 12:08:19 AM
 #13

I am afraid price drop. I am holding like a special kind of idiot, just missed high prices.
MP5KU
Full Member
***
Offline Offline

Activity: 120
Merit: 100


View Profile
March 23, 2014, 12:12:13 AM
 #14

Voting for x-11
GPU's are cooler, very hard for asics.
Does x-11 work with CGMiner? Or is there special mining software required?

It uses Sgminer.

 x11 uses the following for  hashing, blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd and echo.



DigiByte (OP)
Legendary
*
Offline Offline

Activity: 1722
Merit: 1051


Official DigiByte Account


View Profile WWW
March 23, 2014, 12:12:27 AM
 #15

Voting for x-11
GPU's are cooler, very hard for asics.

What about botnets?
GPU botnets, or CPU botnets with x-11?

DigiByte (OP)
Legendary
*
Offline Offline

Activity: 1722
Merit: 1051


Official DigiByte Account


View Profile WWW
March 23, 2014, 12:16:04 AM
 #16

What sort of hash rates to you see with X11 & Scrypt-N is it about the same as Scrypt? Or is their a reduction in hash output?

MP5KU
Full Member
***
Offline Offline

Activity: 120
Merit: 100


View Profile
March 23, 2014, 12:16:25 AM
 #17

Voting for x-11
GPU's are cooler, very hard for asics.

What about botnets?
GPU botnets, or CPU botnets with x-11?

High end CPU's get the same average return as GPU's.

Not sure about low end CPU's though, never tried it.
MP5KU
Full Member
***
Offline Offline

Activity: 120
Merit: 100


View Profile
March 23, 2014, 12:17:24 AM
 #18

What sort of hash rates to you see with X11 & Scrypt-N is it about the same as Scrypt? Or is their a reduction in hash output?

Never bothered with Scrypy-N, But with x11 I get the following:

1.8 mh/s on an Asus 7970
1.24 mh/s on a R9-270
sammy007
Legendary
*
Offline Offline

Activity: 1904
Merit: 1003


View Profile
March 23, 2014, 12:20:49 AM
 #19

Voting for x-11
GPU's are cooler, very hard for asics.

What about botnets?
GPU botnets, or CPU botnets with x-11?

CPU. Probably I fall asleep...
sammy007
Legendary
*
Offline Offline

Activity: 1904
Merit: 1003


View Profile
March 23, 2014, 12:21:26 AM
 #20

What sort of hash rates to you see with X11 & Scrypt-N is it about the same as Scrypt? Or is their a reduction in hash output?

Never bothered with Scrypy-N, But with x11 I get the following:

1.8 mh/s on an Asus 7970
1.24 mh/s on a R9-270

it doesn't matter
Pages: [1] 2 3 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!