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Author Topic: [ANN] AEON: Scalable, private, mobile-friendly cryptocurrency  (Read 625082 times)
pennys2pounds
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April 17, 2018, 11:01:51 PM
 #5261

Am I missing something?

How can ASIC miners move from Monero or ETN to Aeon?
They are on 2 different algorithms.

The clue is in the name... Application Specific

Cryptonight light is not cryptonight
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Elder III
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April 17, 2018, 11:29:01 PM
 #5262

Am I missing something?

How can ASIC miners move from Monero or ETN to Aeon?
They are on 2 different algorithms.

The clue is in the name... Application Specific

Cryptonight light is not cryptonight

Because the new ASICS for Cryptonight can also mine Cryptonight Lite - it says so right on their manufacturer's website and has been tested by many buyers all over the internet if you want to check the veracity of the statement.
bbc.reporter
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April 18, 2018, 01:51:38 AM
 #5263

Does anyone have some updates on Aeon's ASIC resisting hardfork?

Also, in what cryptcoins did the Monero ASICs transfer to? We can see that there is no substantial increase in Aeon's hashrate. We are only on 37MH/s, which is still low considering the amount of ASICs in the wild.

Maybe the ASIC miners don't see it lucrative to mine Aeon because of the low volume in Bittrex hehehe. They would lose hehe.

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pennys2pounds
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April 18, 2018, 04:59:01 AM
 #5264

Am I missing something?

How can ASIC miners move from Monero or ETN to Aeon?
They are on 2 different algorithms.

The clue is in the name... Application Specific

Cryptonight light is not cryptonight

Because the new ASICS for Cryptonight can also mine Cryptonight Lite - it says so right
Am I missing something?

How can ASIC miners move from Monero or ETN to Aeon?
They are on 2 different algorithms.

The clue is in the name... Application Specific

Cryptonight light is not cryptonight

Because the new ASICS for Cryptonight can also mine Cryptonight Lite - it says so right on their manufacturer's website and has been tested by many buyers all over the internet if you want to check the veracity of the statement.

Those machines at FPGA not ASIC and only Baikal offer these. The ones being sold by Bitmain, Innosilicon and Dragon mint are ASICS. There's a difference.
pennys2pounds
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April 18, 2018, 05:13:08 AM
 #5265

That's because they don't work on Aeon!

Only the FPGAs sold by Baikal and Pinidea.

Bitmain, Hualong  (Dragon mint) and Innosilicons CANNOT mine cryptonight light!


Does anyone have some updates on Aeon's ASIC resisting hardfork?

Also, in what cryptcoins did the Monero ASICs transfer to? We can see that there is no substantial increase in Aeon's hashrate. We are only on 37MH/s, which is still low considering the amount of ASICs in the wild.

Maybe the ASIC miners don't see it lucrative to mine Aeon because of the low volume in Bittrex hehehe. They would lose hehe.


lncm
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April 18, 2018, 05:03:23 PM
 #5266

Well, network hashrate DOUBLED in a week.

Of course ASIC's are mining.
pennys2pounds
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April 18, 2018, 06:17:55 PM
 #5267

There are no cryptonight light ASICS. Please educate yourself on the difference. If ASICS were mining Aeon it would be 200mhs by now
lncm
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April 18, 2018, 07:45:52 PM
 #5268

There are no cryptonight light ASICS. Please educate yourself on the difference. If ASICS were mining Aeon it would be 200mhs by now

Yes there is. Baikal Giant-N is one of them, maybe others mining secretly.

Network hashrate was 22 Mh/s some days ago, now it is 47 Mh/s.

Sure, 25 Mh/s in a couple of days, all CPU and GPU's, I presume.

Intense coin blockchain suffered a 51% attack because devs neglected to update POW shortly after monero. After that, Aeon network hashrate doubled.

Maybe Aeon devs want to suffer next 51% attack...

Just kill ASIC mining with Aeon7 POW.
noctrex
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April 18, 2018, 08:07:02 PM
 #5269

That's because they don't work on Aeon!

Only the FPGAs sold by Baikal and Pinidea.

Bitmain, Hualong  (Dragon mint) and Innosilicons CANNOT mine cryptonight light!


Does anyone have some updates on Aeon's ASIC resisting hardfork?

Also, in what cryptcoins did the Monero ASICs transfer to? We can see that there is no substantial increase in Aeon's hashrate. We are only on 37MH/s, which is still low considering the amount of ASICs in the wild.

Maybe the ASIC miners don't see it lucrative to mine Aeon because of the low volume in Bittrex hehehe. They would lose hehe.

It seems that as of yesterday, they do:

https://www.cryptunit.com/coin/AEON

yesterday the hashrate was 26MH/s, and today it shot up to 48MH/s:
https://chainradar.com/aeon/blocks
lncm
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April 18, 2018, 08:14:08 PM
 #5270

Of course.

And as I said, this happened after the attack to Intense Coin that led to its mining shutdown.

Pay attention, devs.
pennys2pounds
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April 18, 2018, 08:43:06 PM
 #5271

They aren't ASICS! They are FPGA's!

There's a BIG difference. There are no ASIC's that mine Aeon.

I give up.
lncm
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April 18, 2018, 09:06:29 PM
 #5272

They aren't ASICS! They are FPGA's!

There's a BIG difference. There are no ASIC's that mine Aeon.

I give up.

So they mine Aeon @ 40 Kh/s @ 60W, but the important thing is to accurately name the technology inside them.

You must be a fun guy at parties.
jwinterm
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April 18, 2018, 09:46:45 PM
 #5273

They aren't ASICS! They are FPGA's!

There's a BIG difference. There are no ASIC's that mine Aeon.

I give up.

So they mine Aeon @ 40 Kh/s @ 60W, but the important thing is to accurately name the technology inside them.

You must be a fun guy at parties.

The difference is that FPGAs are reprogrammable, so in theory for a minor change to the PoW the firmware or whatever could be updated and they'd be back mining again. I'm not sure if Baikal miners are able to do this, but there is a very real and important distinction.
BtcVolcano
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April 18, 2018, 09:55:10 PM
 #5274

Something look many want to sell coins. A smart want to buy, and I think rightly so. Now I think the time to buy, then maybe it's too late. I hope to start the growth will continue and will not stop half way. And the success of the project I wish! Smiley
bbc.reporter
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April 19, 2018, 12:50:29 AM
 #5275

That's because they don't work on Aeon!

Only the FPGAs sold by Baikal and Pinidea.

Bitmain, Hualong  (Dragon mint) and Innosilicons CANNOT mine cryptonight light!


Does anyone have some updates on Aeon's ASIC resisting hardfork?

Also, in what cryptcoins did the Monero ASICs transfer to? We can see that there is no substantial increase in Aeon's hashrate. We are only on 37MH/s, which is still low considering the amount of ASICs in the wild.

Maybe the ASIC miners don't see it lucrative to mine Aeon because of the low volume in Bittrex hehehe. They would lose hehe.




Ok then good, but your information needs to be verified by smooth and the mining pools. I also saw a Reddit thread today where the user called aeonminingpool-com was trying to convince everyone that an ASIC resisting hardfork for Aeon is critical and that we should hardfork before Electroneum does.

You can read more about it in this thread and please tell them what you are telling us here. Thank you.

https://www.reddit.com/r/Aeon/comments/8cr381/we_must_fork_before_etn_does/?st=jg5t2x80&sh=6923f8cb

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Goug_
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April 19, 2018, 05:15:59 AM
 #5276

What happened to the difficulty ?

Very low during the last week (never see like this since a long time, around 4), and jump to reach 12 theses days !?!

Any particular reason ? Asic side effect?

It just began to be impossible to mine right now for normal people.  Cry
pennys2pounds
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April 19, 2018, 10:01:12 AM
 #5277

The reason for the jump in difficulty is indirectly linked to ASICS. The miners that have bought these are now mining cryptonight, so those with FPGAs have shifted from cryptonight to cryptonight light as its a little more profitable.

The good news is that wasn't anywhere near as many of these sold as the ASICS so the difficulty will level out shortly.

A higher difficulty is a more secure network, networks that are more secure and with more hash, have higher coin prices.

Aeon does not need a fork imo, it needs the hashpower more to keep up with it's rivals and that is something that I am sure the devs are considering.

All this whining about ASICS is just childish. With mainstream
You all want mainstream, yet when they begins more money and better technology is inevitable.

Keep forking, the technology will just keep adapting. It's time to embrace change, Satoshis vision was only an idea. Even he wouldn't have understood just how far it would go.

You know that miners with ASICS, FPGAS, GPUs are all miners and are all part of the community.

Time to work together and embrace change.
bbc.reporter
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April 20, 2018, 01:03:56 AM
 #5278

I agree with pennys2pounds . I also reckon that Aeon will have to move out of Monero's shadow, and embracing ASICs would just be that opportunity to do it. We cannot be another litecoin of bitcoin that always waits like a parasite scamcoin and copies features developed in Monero.

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CryptoManDude
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April 20, 2018, 03:05:11 AM
 #5279

guys , sorry, newbie. I don't see much activity in this coins twitter etc. is there still a value in this coin for an investment.
Goug_
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April 20, 2018, 04:34:30 PM
 #5280

I agree with pennys2pounds . I also reckon that Aeon will have to move out of Monero's shadow, and embracing ASICs would just be that opportunity to do it. We cannot be another litecoin of bitcoin that always waits like a parasite scamcoin and copies features developed in Monero.

And what about the decentralisation ?

If common people can't mine, only big farm will do, and what about Bitmain ? only one compagny behind more of 51% of the calculation could be an enormous problem on middle/ long terms ...
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