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Author Topic: What is a Scrypt coin ?  (Read 678 times)
BitCoinDream (OP)
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April 27, 2014, 10:26:14 PM
 #1

Can scrypts be always mined with CPU ?

...sorry for being noob.

GreeGrinder
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April 27, 2014, 10:33:56 PM
 #2

Yes you can use cpuminer or set gen=1 in config file Smiley
Sonny
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April 27, 2014, 10:43:49 PM
 #3

Can scrypts be always mined with CPU ?

...sorry for being noob.

Scrypt = a memory-intensive algorithm
Scrypt coins = coins that employ scrypt algorithm such as litecoin and doge (vs. bitcoin and namecoin use sha256)

And yes you can mine scrypt coins with CPUs, GPUs and scrypt ASICs.
BitCoinDream (OP)
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April 27, 2014, 10:51:14 PM
 #4

Can scrypts be always mined with CPU ?

...sorry for being noob.

Scrypt = a memory-intensive algorithm
Scrypt coins = coins that employ scrypt algorithm such as litecoin and doge (vs. bitcoin and namecoin use sha256)

And yes you can mine scrypt coins with CPUs, GPUs and scrypt ASICs.

I guess the power of GPU/ Scrypt ASICs to mine a Scrypt coin will be more than a CPU. So, which algorithm makes a coin mining CPU only ?

Sonny
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April 27, 2014, 10:58:55 PM
 #5

I guess the power of GPU/ Scrypt ASICs to mine a Scrypt coin will be more than a CPU.

True.

So, which algorithm makes a coin mining CPU only ?

Different "CPU-only" coins have different algorithm.
FYR: http://cpucoinlist.com/

And some "CPU-only" coins can be mined with GPUs now.
FYR: http://cpucoinlist.com/removed-coins/
BigBoy89
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April 27, 2014, 11:06:10 PM
 #6

Can scrypts be always mined with CPU ?

...sorry for being noob.

Scrypt = a memory-intensive algorithm
Scrypt coins = coins that employ scrypt algorithm such as litecoin and doge (vs. bitcoin and namecoin use sha256)

And yes you can mine scrypt coins with CPUs, GPUs and scrypt ASICs.

I guess the power of GPU/ Scrypt ASICs to mine a Scrypt coin will be more than a CPU. So, which algorithm makes a coin mining CPU only ?
Try RIECOIN
ANN : https://bitcointalk.org/index.php?topic=446703.0
exchanger : https://www.mintpal.com/market/RIC/BTC

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Sonny
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April 27, 2014, 11:08:52 PM
 #7

Can scrypts be always mined with CPU ?

...sorry for being noob.

Scrypt = a memory-intensive algorithm
Scrypt coins = coins that employ scrypt algorithm such as litecoin and doge (vs. bitcoin and namecoin use sha256)

And yes you can mine scrypt coins with CPUs, GPUs and scrypt ASICs.

I guess the power of GPU/ Scrypt ASICs to mine a Scrypt coin will be more than a CPU. So, which algorithm makes a coin mining CPU only ?
Try RIECOIN
ANN : https://bitcointalk.org/index.php?topic=446703.0
exchanger : https://www.mintpal.com/market/RIC/BTC


Indeed there are only two real "CPU-only" coins listed on the site cpucoinlist atm, and Riecoin is one of them Smiley
BitCoinDream (OP)
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April 27, 2014, 11:27:00 PM
 #8

Can scrypts be always mined with CPU ?

...sorry for being noob.

Scrypt = a memory-intensive algorithm
Scrypt coins = coins that employ scrypt algorithm such as litecoin and doge (vs. bitcoin and namecoin use sha256)

And yes you can mine scrypt coins with CPUs, GPUs and scrypt ASICs.

I guess the power of GPU/ Scrypt ASICs to mine a Scrypt coin will be more than a CPU. So, which algorithm makes a coin mining CPU only ?
Try RIECOIN
ANN : https://bitcointalk.org/index.php?topic=446703.0
exchanger : https://www.mintpal.com/market/RIC/BTC


Indeed there are only two real "CPU-only" coins listed on the site cpucoinlist atm, and Riecoin is one of them Smiley

But how a CPU only coin stays in demand ? Coz anyone can mine it ...is not it ?

Sonny
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April 27, 2014, 11:41:47 PM
 #9

But how a CPU only coin stays in demand ? Coz anyone can mine it ...is not it ?

True, anyone can mine it. But some wants more than they can mine (one possible reason is they expect the price to go up), so they decide to buy it.

BigBoy89
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April 28, 2014, 12:06:16 AM
 #10

Can scrypts be always mined with CPU ?

...sorry for being noob.

Scrypt = a memory-intensive algorithm
Scrypt coins = coins that employ scrypt algorithm such as litecoin and doge (vs. bitcoin and namecoin use sha256)

And yes you can mine scrypt coins with CPUs, GPUs and scrypt ASICs.

I guess the power of GPU/ Scrypt ASICs to mine a Scrypt coin will be more than a CPU. So, which algorithm makes a coin mining CPU only ?
Try RIECOIN
ANN : https://bitcointalk.org/index.php?topic=446703.0
exchanger : https://www.mintpal.com/market/RIC/BTC


Indeed there are only two real "CPU-only" coins listed on the site cpucoinlist atm, and Riecoin is one of them Smiley
another CPU coin was gone, they become GPU coin.
I think mining with CPU only is too harsh for CPU, like run stress test for a long time
may reduce CPU lifespan  Undecided

from your link i see mostly X11 algorithm, GPU advantage is 4.6x CPU
all X11 coin always like that?

.AMEPAY.
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Sonny
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April 28, 2014, 12:19:04 AM
 #11

from your link i see mostly X11 algorithm, GPU advantage is 4.6x CPU
all X11 coin always like that?

I don't mine anymore now, so I am not sure if the advantage is really "4.6x".

But for coins using the same algorithm, the hashrate should be the same, as your CPU/GPU is doing the exact operations.
Say, if you get 300 KH/s mining litecoin with your GPU, you should also get ~300 KH/s mining dogecoin.
cahirlet
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April 28, 2014, 08:08:19 AM
 #12

For some, having asic for a particular coin takes a long time, not impossible.
BitCoinDream (OP)
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April 28, 2014, 10:03:00 AM
 #13

But how a CPU only coin stays in demand ? Coz anyone can mine it ...is not it ?

True, anyone can mine it. But some wants more than they can mine (one possible reason is they expect the price to go up), so they decide to buy it.



is there any coin (not necessarily SHA or Scrypt) that is smart phone only, i.e. cant be mined with CPU/GPU/FPGA/ASIC because of some feature which is only available on smartphone ?

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