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dayfall
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February 29, 2012, 09:14:29 PM |
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Now, that the truth has been apparently settled. I still don't feel scammed at all for mining LTC. If I were to start mining Solidcoin on the other hand I would. (I don't feel scammed for mining SC 1.0, however.)
To me, this is all just a bunch of noise. Lets just plan on changing the algorithm (or not).
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Graet
VIP
Legendary
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Activity: 980
Merit: 1001
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February 29, 2012, 09:30:03 PM |
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just as a bit more confirmation it does work, i have found a block for lc.ozco.in on a gpu worker  |
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pooler
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February 29, 2012, 09:55:07 PM |
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Now, that the truth has been apparently settled. I still don't feel scammed at all for mining LTC. If I were to start mining Solidcoin on the other hand I would. (I don't feel scammed for mining SC 1.0, however.)
To me, this is all just a bunch of noise. Lets just plan on changing the algorithm (or not).
+1. Couldn't have said it better. |
BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
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forsetifox
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February 29, 2012, 10:04:54 PM |
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Who wants to make Litecoin 2.0? =P
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pooler
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February 29, 2012, 10:17:33 PM |
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Who wants to make Litecoin 2.0? =P
There's no need to reboot the whole thing. We could just change the algorithm starting from block N. |
BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
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shakti
Member
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Activity: 60
Merit: 10
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February 29, 2012, 10:19:27 PM |
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Who wants to make Litecoin 2.0? =P
There's no need to reboot the whole thing. We could just change the algorithm starting from block N. but i think this could split the chain and make one with "old clients" and one with "new" ? |
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pooler
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February 29, 2012, 10:26:20 PM
Last edit: February 29, 2012, 10:41:23 PM by pooler |
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Who wants to make Litecoin 2.0? =P
There's no need to reboot the whole thing. We could just change the algorithm starting from block N. but i think this could split the chain and make one with "old clients" and one with "new" ? Of course people will have to update their clients and miners, but if the transition is planned out carefully there should be no risk. Once the software chain knows about the switch, it can handle it automatically. There's support for this in the protocol. EDIT: I think this discussion should move to the dedicated thread: https://bitcointalk.org/index.php?topic=64239.0 |
BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
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coblee
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Activity: 1653
Merit: 1286
Creator of Litecoin. Cryptocurrency enthusiast.
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February 29, 2012, 10:52:39 PM |
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Of course people will have to update their clients and miners, but if the transition is planned out carefully there should be no risk. Once the software chain knows about the switch, it can handle it automatically. There's support for this in the protocol. EDIT: I think this discussion should move to the dedicated thread: https://bitcointalk.org/index.php?topic=64239.0Yes, this thread is pure bullshit FUD. I have never GPU mined Litecoin. If you have thoughts about what (if anything) we should change with Litecoin with respect to this GPU miner, please continue the discussion in the thread I started. Thanks. |
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RoloTonyBrownTown
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February 29, 2012, 11:13:26 PM |
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Yep, time to close this nonsense thread.
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coblee
Donator
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Activity: 1653
Merit: 1286
Creator of Litecoin. Cryptocurrency enthusiast.
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February 29, 2012, 11:16:09 PM |
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Yep, time to close this nonsense thread.
Given that this thread was started by CoinHunter (who no longer claims to be the creator of SolidCoin, but just a normal troll), he's not going to lock this thread. And the mods probably don't care enough either. I guess the best thing is to stop replying to this thread. |
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k9quaint
Legendary
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Activity: 1190
Merit: 1000
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March 01, 2012, 12:46:05 AM |
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Yep, time to close this nonsense thread.
The thread wasn't complete nonsense. I got an avatar out of it!  |
Bitcoin is backed by the full faith and credit of YouTube comments.
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Starlightbreaker
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March 01, 2012, 02:47:41 AM |
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different thread man.
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k9quaint
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Merit: 1000
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March 01, 2012, 03:12:29 AM |
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different thread man.
You are right. So this thread is complete nonsense. |
Bitcoin is backed by the full faith and credit of YouTube comments.
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drakahn
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March 01, 2012, 03:12:53 AM |
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14ga8dJ6NGpiwQkNTXg7KzwozasfaXNfEU
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DeathAndTaxes
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Gerald Davis
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March 01, 2012, 03:14:31 AM
Last edit: March 01, 2012, 04:40:25 AM by DeathAndTaxes |
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I think it is important to point out that "scrypt is not GPU resistant" is unproven. The settings used in LiteCoin aren't the recommended defaults by the author. It is possible LTC could regain "resistance" (as dubious as I personally think that is) by simply modifying 3 integer values in the source code.
The author of scrypt may be interested in this project however w/o source code I doubt he will share any insights.
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n4l3hp
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March 01, 2012, 04:23:25 AM |
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Remember, mtrlt released to the public the *demo* version, aka slow version. This version was just to prove Scrypt is more efficient on a gpu than it is on a cpu.
Using dishwara's numbers from that screenshot (219kh/s), and an estimated 5870 power consumption of 188w, that makes for 1.16kh/w.
Using data from the litecoin wiki it seems a top of the line cpu gets 25kh/s at 125w, that makes for 0.2kh/w.
Being generous, and assuming the litecoin wiki is out of date, and using poolers latest miner, lets just give the cpu 50kh/s at the same 125w, that is still only 0.4kh/w.
Scrypt is *not* gpu unfriendly.
BTW, the current private version of Reaper is getting over 2kh/w when mining scrypt.
Comparing GPU and CPU mining and the power required... Why is it that the power used in the computations are only the consumption of the GPU? GPU's can't do squat without a CPU. CPU can mine even with a crappy Intel IGP. When comparing power numbers, please use the wall usage numbers. |
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Starlightbreaker
Legendary
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Activity: 1764
Merit: 1006
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March 01, 2012, 04:34:08 AM |
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2 other people with the same avatars now?
son of a...
now i need to make sure i don't mistake someone elses post as mine.
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kano
Legendary
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Activity: 4466
Merit: 1798
Linux since 1997 RedHat 4
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March 01, 2012, 04:51:24 AM |
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Remember, mtrlt released to the public the *demo* version, aka slow version. This version was just to prove Scrypt is more efficient on a gpu than it is on a cpu.
Using dishwara's numbers from that screenshot (219kh/s), and an estimated 5870 power consumption of 188w, that makes for 1.16kh/w.
Using data from the litecoin wiki it seems a top of the line cpu gets 25kh/s at 125w, that makes for 0.2kh/w.
Being generous, and assuming the litecoin wiki is out of date, and using poolers latest miner, lets just give the cpu 50kh/s at the same 125w, that is still only 0.4kh/w.
Scrypt is *not* gpu unfriendly.
BTW, the current private version of Reaper is getting over 2kh/w when mining scrypt.
Comparing GPU and CPU mining and the power required... Why is it that the power used in the computations are only the consumption of the GPU? GPU's can't do squat without a CPU. CPU can mine even with a crappy Intel IGP. When comparing power numbers, please use the wall usage numbers. No, coz unless your using a crappy GPU miner, the miner will hardly use any CPU - so the CPU is available for whatever else you want to do with it. My linux box downclocks itself to 1.2Ghz (from 3.07GHz) and still uses only 2% of a single CPU to GPU mine BTC (2x6950) Thus yes if you are wasting that CPU and doing nothing with it - you are ... wasting that CPU and doing nothing with it. The discussion here, however, is about LTC and if you are silly enough to waste electricity on LTC GPU mining, then you would most probably also be LTC CPU mining ... |
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Raoul Duke
aka psy
Legendary
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Activity: 1358
Merit: 1002
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March 01, 2012, 04:58:29 AM |
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...
The discussion here, however, is about LTC and if you are silly enough to waste electricity on LTC GPU mining, then you would most probably also be LTC CPU mining 'nuff said...
Fixed that shit for you. |
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kano
Legendary
Offline
Activity: 4466
Merit: 1798
Linux since 1997 RedHat 4
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March 01, 2012, 05:04:36 AM |
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2 other people with the same avatars now?
son of a...
now i need to make sure i don't mistake someone elses post as mine.
Look for the word "HOP" |
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