ncsupanda (OP)
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Activity: 1628
Merit: 1012
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June 03, 2014, 02:15:03 AM |
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X13 or NIST5 would be much much better than scrypt. I would mine if it was one of those. This is because scrypt gpu mining takes roughly twice as much power to mine as these newer algorithms. They are just as easy to mine with GPU as scrypt, but since there aren't ASICs for these algos yet, the GPU miners can still find good profit with X13 or NIST5.
So these algorithms are strictly better for GPU miners? |
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Bumberchute
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June 03, 2014, 02:17:03 AM |
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So these algorithms are strictly better for GPU miners?
Yes, since there aren't ASICs available for them yet. But also, think of the planet man  ! |
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ncsupanda (OP)
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June 03, 2014, 02:26:03 AM |
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So these algorithms are strictly better for GPU miners?
Yes, since there aren't ASICs available for them yet. But also, think of the planet man ! The overall goal of greencoin is to do exactly that. Honestly, I think it's smarter to stay Scrypt, since ASICs are beginning to become the more "mainstream approach. As a GPU miner myself, it's hard to accept, but that's just how it is. Sticking by the original goal of GreenCoin - reduce Carbon! |
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Bumberchute
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June 03, 2014, 03:09:11 AM |
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The overall goal of greencoin is to do exactly that. Honestly, I think it's smarter to stay Scrypt, since ASICs are beginning to become the more "mainstream approach. As a GPU miner myself, it's hard to accept, but that's just how it is.
Sticking by the original goal of GreenCoin - reduce Carbon!
It's your choice of course. Keep in mind though: there's so many scrypt coins now, so you'll have to work extra hard to make your coin stand out from the 100s of other scrypt coins. I don't mine scrypt anymore either, so I won't mine your coin, but good luck! |
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ncsupanda (OP)
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June 03, 2014, 03:18:42 AM |
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The overall goal of greencoin is to do exactly that. Honestly, I think it's smarter to stay Scrypt, since ASICs are beginning to become the more "mainstream approach. As a GPU miner myself, it's hard to accept, but that's just how it is.
Sticking by the original goal of GreenCoin - reduce Carbon!
It's your choice of course. Keep in mind though: there's so many scrypt coins now, so you'll have to work extra hard to make your coin stand out from the 100s of other scrypt coins. I don't mine scrypt anymore either, so I won't mine your coin, but good luck! Thank you - and we will work hard.  |
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malei
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Activity: 70
Merit: 10
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June 03, 2014, 03:19:08 AM |
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how to get the coin?? who can tell me ??
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nxthing
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Activity: 56
Merit: 0
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June 03, 2014, 07:22:03 AM |
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The Idea behind this coin is noble however the complexties of operation of this coin gives me a lot of concern!
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xtrm
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June 03, 2014, 07:29:05 AM |
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unfortunately the objective is very old. This week there was another launch helping "UREA".. come on guys
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Amph
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Merit: 1069
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June 03, 2014, 07:38:35 AM |
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scrypt? you lived under a rock
hell even x11 is outdated
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platorin
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June 03, 2014, 08:20:18 AM |
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Don't use scrypt anymore.
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ncsupanda (OP)
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June 03, 2014, 11:23:15 AM |
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Will look into this. Thank you for the links. The Idea behind this coin is noble however the complexties of operation of this coin gives me a lot of concern!
Express your concerns? It's a lot easier than it may sound. We want this coin to be released fairly and have a positive impact. Thanks! |
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ncsupanda (OP)
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Activity: 1628
Merit: 1012
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June 03, 2014, 11:29:06 AM |
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Don't use scrypt anymore.
scrypt? you lived under a rock
hell even x11 is outdated
Looking into this; If there are too many faults in our plan, we can aim the coin in a different direction. how to get the coin?? who can tell me ??
It's as easy as mining any Altcoin - If you aren't a renewable energy producer than the producer side of the coin may not appeal to you (besides the monetary effect on the coin). So we will have pools established for the launch, and you can simply mine GreenCoin. |
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biodieselchris
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June 03, 2014, 02:25:55 PM |
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awesome, thanks coinbounties. |
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virtualdn
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Merit: 1093
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June 03, 2014, 05:16:55 PM |
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hello we can offer -faucet -explorer -paper wallet -scratch game http://coinok.pwplease let us know if interested. |
1 BTC = 1 BTC
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ncsupanda (OP)
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Activity: 1628
Merit: 1012
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June 03, 2014, 05:53:26 PM |
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hello we can offer -faucet -explorer -paper wallet -scratch game http://coinok.pwplease let us know if interested. Please PM me! We offer a bounty for all services. |
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tylerderden
Copper Member
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Activity: 1162
Merit: 1025
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June 03, 2014, 07:18:47 PM |
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how about x11 and pos if your so concerned about the environment?
From research, you see that roughly 25% of the Carbon in the environment comes from electricity. Arguing that the amount of electricity in mining is what's causing the problem we are trying to fix seems to be a bad stance on our end. What do you think? i think it's completely retarded to use the least efficient algo on a "green" coin and shows how well thought out this scam coin is. |
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