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Author Topic: [ANN]SummerCoin|POS|10% per day in 5 days|New wallet  (Read 162033 times)
ALTCOIN_N
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April 29, 2014, 05:52:51 PM
 #1721

apparently chinese are using fpga to mine x11, this explains those huge hash

they are raping every single x11 coin, the future for gpu is really scrypt-n or just something not minable at all, like pure pos clone

Yes, as far as i know, theoretically, it is easy to implement fpga into x11, much easier than scrypt

To add up, it is better for them to making profit in the shadow,  not to reveal to the public
hashmoon
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April 29, 2014, 05:58:43 PM
 #1722

20ghz x11 is small, equal to 7ghz scrypt
Mikellev
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April 29, 2014, 06:02:42 PM
 #1723

Guys, srsly, what are you talking about ?

X11 is easy for fpga, they are programable!

Even if all alt coins switch to scrypt-n there will be asics, fpgas, godzillas, tornados ...name it ... out there that will mine the shit out of the coins.

Thats life! Coins are money and where money can be made, ppl will find a way not to use GPU / CPU. And its better for mother nature. Wasting tons of electricity cant be the way....
ALTCOIN_N
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April 29, 2014, 06:06:45 PM
 #1724

Guys, srsly, what are you talking about ?

X11 is easy for fpga, they are programable!

Even if all alt coins switch to scrypt-n there will be asics, fpgas, godzillas, tornados ...name it ... out there that will mine the shit out of the coins.

Thats life! Coins are money and where money can be made, ppl will find a way not to use GPU / CPU. And its better for mother nature. Wasting tons of electricity cant be the way....

Yes, if profit is high enough, fpga and asic will come into play
saykor
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April 29, 2014, 06:08:03 PM
 #1725

summer.dgbpool.com

we will live soon. : )

You are a scammer. You steal all cinni coins.

Let's color the MOON: YP4ZV8yabKGBKG2uNWHQBwrdURkyxqst4D
Before to do business with me you can check my  BitcoinFeedback; ebay and .net developer profile
Amph
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April 29, 2014, 06:11:23 PM
 #1726

Guys, srsly, what are you talking about ?

X11 is easy for fpga, they are programable!

Even if all alt coins switch to scrypt-n there will be asics, fpgas, godzillas, tornados ...name it ... out there that will mine the shit out of the coins.

Thats life! Coins are money and where money can be made, ppl will find a way not to use GPU / CPU. And its better for mother nature. Wasting tons of electricity cant be the way....

scrypt-n require a very expensive asic to run, same for fpga, and scrypt-n can be changed fairly easy to avoid them every time
Hoshimaru
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April 29, 2014, 06:14:49 PM
 #1727

Is it too difficult nowadays to have a proper readme/doc pointing out all the dependencies that are needed or have to be build from source before even attempting to build the wallet itself? The summercoin wallet is as bad as the maxcoin wallet in terms of building that shit.
coins101
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April 29, 2014, 06:15:00 PM
 #1728

apparently chinese are using fpga to mine x11, this explains those huge hash

they are raping every single x11 coin, the future for gpu is really scrypt-n or just something not minable at all, like pure pos clone

evidence?
Mikellev
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April 29, 2014, 06:15:15 PM
 #1729

Guys, srsly, what are you talking about ?

X11 is easy for fpga, they are programable!

Even if all alt coins switch to scrypt-n there will be asics, fpgas, godzillas, tornados ...name it ... out there that will mine the shit out of the coins.

Thats life! Coins are money and where money can be made, ppl will find a way not to use GPU / CPU. And its better for mother nature. Wasting tons of electricity cant be the way....

scrypt-n require a very expensive asic to run, same for fpga, and scrypt-n can be changed fairly easy to avoid them every time

I know. You can change 1 byte in coinsource to change it. But thats not the point.
If there is a algo used by tons of coins, there will be asics and so on.
If there is money to be made, there will be guys making it.

Its always a race. But rly, the use of high end GPU to mine coins and waste so much power cant be the solution for the cryptos future.

Im happy with my gridseeds at 440mh/s right now, bought for 90$ and I just "waste" 6Watts of power.
So there will be a market for everybodys pocket. Asics for 10$ or 10000$ who cares.

Delivereath
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April 29, 2014, 06:18:02 PM
 #1730

Can someone explain how does the POS works ? I don't understand this : First week: Nominal Stake Interest: 1% per Year, block 13441 to 26880: Nominal Stake Interest: 10% Daily, day 26881 to 86400: Nominal Stake Interest: 1% Daily, First year - 10%, second year - 5%, third year goes on - 2%.

And when should it start ?
Amph
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April 29, 2014, 06:24:23 PM
 #1731

Guys, srsly, what are you talking about ?

X11 is easy for fpga, they are programable!

Even if all alt coins switch to scrypt-n there will be asics, fpgas, godzillas, tornados ...name it ... out there that will mine the shit out of the coins.

Thats life! Coins are money and where money can be made, ppl will find a way not to use GPU / CPU. And its better for mother nature. Wasting tons of electricity cant be the way....

scrypt-n require a very expensive asic to run, same for fpga, and scrypt-n can be changed fairly easy to avoid them every time

I know. You can change 1 byte in coinsource to change it. But thats not the point.
If there is a algo used by tons of coins, there will be asics and so on.
If there is money to be made, there will be guys making it.

Its always a race. But rly, the use of high end GPU to mine coins and waste so much power cant be the solution for the cryptos future.

Im happy with my gridseeds at 440mh/s right now, bought for 90$ and I just "waste" 6Watts of power.
So there will be a market for everybodys pocket. Asics for 10$ or 10000$ who cares.



i just don't like that an enviroment that was supposed to be decentralized, it results at the end, centralised

everyone should be able to mine without selling his family, and asic are certainly against this, just take a look at KNC miner with their space farm

p.s. you mean 440kh/s?
barbmc193
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April 29, 2014, 06:25:50 PM
 #1732

http://coinshift.com/stats/


This multipool is mining summer coin

How?

They mine scrypt coins....
SummerCoin (OP)
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April 29, 2014, 06:28:17 PM
 #1733

http://coinshift.com/stats/


This multipool is mining summer coin

How?

They mine scrypt coins....

No, they mine SMC (smart coin) not SummerCoin
barbmc193
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April 29, 2014, 06:30:52 PM
 #1734

ooo

Sorry .

I realized after...why the hashing rate is droping ? not that I don't like to get more coins...but it may be some problems with pools...
gavrilas
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April 29, 2014, 06:31:52 PM
 #1735

51% + ?

http://i.pixs.ru/storage/9/3/1/51jpg_6630648_11905931.jpg
Mrboot
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April 29, 2014, 06:34:36 PM
 #1736

Great one pull fall out now were on a 90% hashrate


Pool Hashrate

9,874.90 MH/s

Net Hashrate

11,614.97 MH/s
marcoman22
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April 29, 2014, 06:35:01 PM
 #1737

Great one pull fall out now were on a 90% hashrate



true
Mrboot
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April 29, 2014, 06:36:31 PM
 #1738

retreat my buyorders cause i can see bad things can hapen with this hashrate on to the 0,00001 again Tongue
organizer
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April 29, 2014, 06:38:01 PM
 #1739

Anyone received PoS block ?


icon on wallet just turned green saying coins are mature enough, no stake yet though....

Mrboot
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April 29, 2014, 06:39:46 PM
 #1740

Anyone received PoS block ?


icon on wallet just turned green saying coins are mature enough, no stake yet though....



cause its not pos yet right only after pow version
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