why do people like scrypt-n

[thresher]

I was reading another thread with alot of weird shit in it, but it did make me think:

Why use scrypt-n?

Scrypt-n is designed to eventually be cpu only.  As far as I see it they are all essentially a public premine, where once gpus become useless, the coin will plummet.  Who cares about asics, when your mining yourself out of existence?  Maybe i'm missing something there, but is the plan to sell our gpu's for cpu's to keep the network alive?     

Don't believe me.... here it from the man himself http://ultracoin.net/nfactor.html  (sorry ultra guys, but your website actually explains this, showing your not trying to trick people, as opposed to the one everyone knows)

Yet for some reason, us miners seem to be hitting scrypt-n coins?
I understand that it is more profitable to mine at the moment than x-11 (or at least it seems that way), but x-11 uses less power, runs cooler, and is gpu friendly so, i'm not getting what were doing here   

[tromp]

Why use scrypt-n?

scrypt-N is a misguided attempt at being ASIC-resistant.
It's quite possible to make ASICs that handle any scrypt-N
with N in the range (10..20), since one can feasibly fit 128MB
on a single chip.

At N=20 however, scrypt is already unusable for another reason,
namely that verification effort also scales exponentially with N
(a fact conveniently ignored by its proponents).

X11 is something of a joke. 11 hash functions that are each
designed to have efficient ASIC implementations, are still
very ASIC friendly in combination.

The claimed GPU benefits are due solely to suboptimal implementation.

[TTM]

why do people GPU miners like scrypt-n

fixed your question.

[iopq]

why do people GPU miners like scrypt-n

fixed your question.

I don't like it, it's too noisy and uses too much power

now groestl, on the other hand...

[B2BigAl]

I'm not particularly crazy about scrypt-n, I don't like how the n-factor scales and it is just a temporary reprieve from asics.  That said, it IS a temporary reprieve from asic. So, for us GPU miners, its a way to stay relevant for a little while longer.  I know the asic lovers will flame me, but CPU/GPU mining has its place in the life-cycle of a coin, and scrypt-n, for all its faults, ensures that for the time being.  I personally like x11 much better (yes, yes, I know its not asic resistant blah blah blah) than scrypt-n.  They're both stop gap measures though, so why not use the one that doesn't rape your GPUs and your electric bill?

[Equate]

Scrypt-n is asic resistant till now that's why

[thresher]

Why use scrypt-n?

scrypt-N is a misguided attempt at being ASIC-resistant.
It's quite possible to make ASICs that handle any scrypt-N
with N in the range (10..20), since one can feasibly fit 128MB
on a single chip.

At N=20 however, scrypt is already unusable for another reason,
namely that verification effort also scales exponentially with N
(a fact conveniently ignored by its proponents).

X11 is something of a joke. 11 hash functions that are each
designed to have efficient ASIC implementations, are still
very ASIC friendly in combination.

The claimed GPU benefits are due solely to suboptimal implementation.

Well that is not good.

I'm not particularly crazy about scrypt-n, I don't like how the n-factor scales and it is just a temporary reprieve from asics.  That said, it IS a temporary reprieve from asic. So, for us GPU miners, its a way to stay relevant for a little while longer.  I know the asic lovers will flame me, but CPU/GPU mining has its place in the life-cycle of a coin, and scrypt-n, for all its faults, ensures that for the time being.  I personally like x11 much better (yes, yes, I know its not asic resistant blah blah blah) than scrypt-n.  They're both stop gap measures though, so why not use the one that doesn't rape your GPUs and your electric bill?

Interesting theory about the coin cycle, which it seems to be true.  

[cryptohunter]

I'm not particularly crazy about scrypt-n, I don't like how the n-factor scales and it is just a temporary reprieve from asics.  That said, it IS a temporary reprieve from asic. So, for us GPU miners, its a way to stay relevant for a little while longer.  I know the asic lovers will flame me, but CPU/GPU mining has its place in the life-cycle of a coin, and scrypt-n, for all its faults, ensures that for the time being.  I personally like x11 much better (yes, yes, I know its not asic resistant blah blah blah) than scrypt-n.  They're both stop gap measures though, so why not use the one that doesn't rape your GPUs and your electric bill?

Because some people believe x11 already allows you to get raped a different a way, the rapists don't perhaps even need new hardware to do it. Nobody is sure yet although single miners with 1.8GH and 1.2GH have shown up on x11 pools lately.... could they be running x11 asics or do they have modified x11 miners you dont have?

Or perhaps they have 1000 or so 7950 gpus running ?

[thresher]

I'm not particularly crazy about scrypt-n, I don't like how the n-factor scales and it is just a temporary reprieve from asics.  That said, it IS a temporary reprieve from asic. So, for us GPU miners, its a way to stay relevant for a little while longer.  I know the asic lovers will flame me, but CPU/GPU mining has its place in the life-cycle of a coin, and scrypt-n, for all its faults, ensures that for the time being.  I personally like x11 much better (yes, yes, I know its not asic resistant blah blah blah) than scrypt-n.  They're both stop gap measures though, so why not use the one that doesn't rape your GPUs and your electric bill?

Because some people believe x11 already allows you to get raped a different a way, the rapists don't perhaps even need new hardware to do it. Nobody is sure yet although single miners with 1.8GH and 1.2GH have shown up on x11 pools lately.... could they be running x11 asics or do they have modified x11 miners you dont have?

Or perhaps they have 1000 or so 7950 gpus running ?

I keep seeing this come up, and I'm not getting why people think this is odd?  That is roughly 384 r290s, 454 280xs, or a lot of 270 lol.  I see numbers from farms like that on every major pool (1/3 ratio.)

Also if there is some manipulation out there, the ones doing it are smart and are keeping it to themselves.  They aren't offering preorder scams, or trying to give others the power they have.  In that case I support them as they really aren't fucking us yet.  When I look and see 20 guys mining at over a gig on an x-11 pool, then i'd buy the conspiracy. 

[Kuttingcorners]

If u mined and held scrypt n coins and they became worth enough to warrant the creation of some new ASIC I think you would be happy.