[ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine

[Jungian]

anyone has a AMD minner？？

Same question, anyone has Miner for AMD?

No, there is still no (known public) miner for AMD

[1714939250]

1714939250

[1714939250]

1714939250

[darkota]

Tried public code of cudaminer on Ubuntu 12.04 with CUDA 5.5 on EC2 g2.2xlarge. Still getting a hashrate in the range of 1400-1500KH/s. Waste of time. Most probably any hashrate above that is generated by unpublished cudaminer code.

Yes, you will be wasting time and money with that. No point. Those who gain are using private miners.  You get more XCN by buying from the exchange.

Edit: It is game over for all miners using public codes.  Too bad those who who have the knowledge to make a better miner will not be sharing.

You're right, Game over for this coin. Someone has a optimisized Private GPU Miner. I hope no one buys this coin, you'll only be buying into a guy who already likely gets most of the coins being mined per day.

A Relaunch with a different algorithm(anything but M7 or Scrypt/Scrypt N) is obviously the best route..

[Jungian]

Tried public code of cudaminer on Ubuntu 12.04 with CUDA 5.5 on EC2 g2.2xlarge. Still getting a hashrate in the range of 1400-1500KH/s. Waste of time. Most probably any hashrate above that is generated by unpublished cudaminer code.

Yes, you will be wasting time and money with that. No point. Those who gain are using private miners.  You get more XCN by buying from the exchange.

Edit: It is game over for all miners using public codes.  Too bad those who who have the knowledge to make a better miner will not be sharing.

Game over for Cryptonite. Someone has a Optimisized Private GPU Miner. I hope no one buys this coin, you'll only be buying into a guy who already likely gets most of the coins being mined per day.

How is that different from buying into coins mined by a larger group of people for the average buyer?

[darkota]

Tried public code of cudaminer on Ubuntu 12.04 with CUDA 5.5 on EC2 g2.2xlarge. Still getting a hashrate in the range of 1400-1500KH/s. Waste of time. Most probably any hashrate above that is generated by unpublished cudaminer code.

Yes, you will be wasting time and money with that. No point. Those who gain are using private miners.  You get more XCN by buying from the exchange.

Edit: It is game over for all miners using public codes.  Too bad those who who have the knowledge to make a better miner will not be sharing.

Game over for Cryptonite. Someone has a Optimisized Private GPU Miner. I hope no one buys this coin, you'll only be buying into a guy who already likely gets most of the coins being mined per day.

How is that different from buying into coins mined by a larger group of people for the average buyer?

"mined by a larger group of people for the average buyer"

I'm not sure what you mean by that question....If only one person - a few people are using a Private GPU, then that means most of the coins mined are highly concentrated in the hands of one person - a few people, making it a Very unfair distribution. There's no point in even buying this coin anymore.

A fork or relaunch of this coin is obviously needed.

[Jungian]

Tried public code of cudaminer on Ubuntu 12.04 with CUDA 5.5 on EC2 g2.2xlarge. Still getting a hashrate in the range of 1400-1500KH/s. Waste of time. Most probably any hashrate above that is generated by unpublished cudaminer code.

Yes, you will be wasting time and money with that. No point. Those who gain are using private miners.  You get more XCN by buying from the exchange.

Edit: It is game over for all miners using public codes.  Too bad those who who have the knowledge to make a better miner will not be sharing.

Game over for Cryptonite. Someone has a Optimisized Private GPU Miner. I hope no one buys this coin, you'll only be buying into a guy who already likely gets most of the coins being mined per day.

How is that different from buying into coins mined by a larger group of people for the average buyer?

"mined by a larger group of people for the average buyer"

I'm not sure what you mean by that question....If only a few people are using a Private GPU, then that means most of the coins mined are highly concentrated in the hands of a few people, making it a Very unfair distribution. There's no point in even buying this coin anymore.

I may be very wrong here, but I don't understand how it makes a difference for me who mines the coins?
Having a large private GPU sounds like something that would put the pressure on the price downwards and make for cheap coins until a public miner is released.

[darkota]

Tried public code of cudaminer on Ubuntu 12.04 with CUDA 5.5 on EC2 g2.2xlarge. Still getting a hashrate in the range of 1400-1500KH/s. Waste of time. Most probably any hashrate above that is generated by unpublished cudaminer code.

Yes, you will be wasting time and money with that. No point. Those who gain are using private miners.  You get more XCN by buying from the exchange.

Edit: It is game over for all miners using public codes.  Too bad those who who have the knowledge to make a better miner will not be sharing.

Game over for Cryptonite. Someone has a Optimisized Private GPU Miner. I hope no one buys this coin, you'll only be buying into a guy who already likely gets most of the coins being mined per day.

How is that different from buying into coins mined by a larger group of people for the average buyer?

"mined by a larger group of people for the average buyer"

I'm not sure what you mean by that question....If only a few people are using a Private GPU, then that means most of the coins mined are highly concentrated in the hands of a few people, making it a Very unfair distribution. There's no point in even buying this coin anymore.

I may be very wrong here, but I don't understand how it makes a difference for me who mines the coins?
Having a large private GPU sounds like something that would put the pressure on the price downwards and make for cheap coins until a public miner is released.

It makes a huge difference. Look at Bytecoin(BCN) for example, 80% of the coins are in the hands of a handful of individuals who mined the coin in secret over a period of 2 years. Those people, have the power to control the price of the coin and play with it, however and whenever they want because they own such a unfairly large amount of the coin.

For the people mining this coin with a private gpu miner, they are getting most of the coins mined per day, making for a extremely unfair distribution. We can't tell if they'll sell or hold for later on, but either way, they technically "control" this coin, since they can manipulate the markets to their liking.

Features alone isn't what makes a cryptocurrency good, distribution plays a large role. Bad Distribution will stop any cryptocurrency from getting far, look at NXT for example, it's price hasnt gone above 10 cents since the bitcointalk public realized it's extremely unfair distribution with the first 50 addresses on the NXT richlist, holding over 45% of all NXT coins, look at Ripple, where most of the coins are in the hands of the owners, Darkcoin's 50% instamine, etc etc

[MadGhost]

that will make a lot of difference if many people buy this coin rather then mining this coin.

[dboylc]

Tried public code of cudaminer on Ubuntu 12.04 with CUDA 5.5 on EC2 g2.2xlarge. Still getting a hashrate in the range of 1400-1500KH/s. Waste of time. Most probably any hashrate above that is generated by unpublished cudaminer code.

Yes, you will be wasting time and money with that. No point. Those who gain are using private miners.  You get more XCN by buying from the exchange.

Edit: It is game over for all miners using public codes.  Too bad those who who have the knowledge to make a better miner will not be sharing.

Game over for Cryptonite. Someone has a Optimisized Private GPU Miner. I hope no one buys this coin, you'll only be buying into a guy who already likely gets most of the coins being mined per day.

How is that different from buying into coins mined by a larger group of people for the average buyer?

"mined by a larger group of people for the average buyer"

I'm not sure what you mean by that question....If only a few people are using a Private GPU, then that means most of the coins mined are highly concentrated in the hands of a few people, making it a Very unfair distribution. There's no point in even buying this coin anymore.

I may be very wrong here, but I don't understand how it makes a difference for me who mines the coins?
Having a large private GPU sounds like something that would put the pressure on the price downwards and make for cheap coins until a public miner is released.

It makes a huge difference. Look at Bytecoin(BCN) for example, 80% of the coins are in the hands of a handful of individuals who mined the coin in secret over a period of 2 years. Those people, have the power to control the price of the coin and play with it, however and whenever they want because they own such a unfairly large amount of the coin.

For the people mining this coin with a private gpu miner, they are getting most of the coins mined per day, making for a extremely unfair distribution. We can't tell if they'll sell or hold for later on, but either way, they technically "control" this coin, since they can manipulate the markets to their liking.

Features alone isn't what makes a cryptocurrency good, distribution plays a large role. Bad Distribution will stop any cryptocurrency from getting far, look at NXT for example, it's price hasnt gone above 10 cents since the bitcointalk public realized it's extremely unfair distribution with the first 50 addresses on the NXT richlist, holding over 45% of all NXT coins

maxcoin dead; darkcoin alive.

[darkota]

that will make a lot of difference if many people buy this coin rather then mining this coin.

All you're doing by buying this coin, is making the guy/s mining with the private gpu miner, very Rich.

[q327K091]

that will make a lot of difference if many people buy this coin rather then mining this coin.

All you're doing by buying this coin, is making the guy/s mining with the private gpu miner, very Rich.

I don't understand something, this project https://github.com/MiniblockchainProject/CudaMiner works like a charm with very powerful MHS, trust me I know   1000+ overnight, but moved since then (freed up GPU's for some other project(s)

so anyone with decent rig can achieve same and distribution, now... I am sure someone very early on pounded heck out of cloud (and could have been simple CPU but high frequency core, is where it is at) and collected > 100K and paid the price of course but that was his/her risk

cryptonite is a technologically solid coin, with some deep software innovation,

and btw MAXCOIN is far from dead

--

also not only GPU was released really fast, but it was done by this coin developer who actually apologized that greater speeds could not have been achieved, let me tell you Sir Mam, it is a decent GPU miner and thank you

--

although... I would restructure max coins lower it to like 2 digit millions. maybe, its entirely your call. lots has to with psychology I think

[tk808]

Interview with Bitfreak now on Coins Source

http://www.coinssource.com/interview-with-the-founder-cryptonite/

[mmmaybe]

Soooo.... still no GPU miner for win users? or amd? or bounties for that?

[sparks2013]

Soooo.... still no GPU miner for win users? or amd? or bounties for that?

I tried for 16 hours to get it to work, and eventually gave up..  I wish the next person the best of luck

[iCEBREAKER]

I may be very wrong here, but I don't understand how it makes a difference for me who mines the coins?
Having a large private GPU sounds like something that would put the pressure on the price downwards and make for cheap coins until a public miner is released.

You are correct.  It makes no difference whether the tiny relative percentage of hence-emitted XCN/XMR/BBR were NerdMined by low level coders and their bot herder buddies, or airdropped to all mankind via postcard, because the market/exchanges adjust distribution to what is most economic.

The (artificial) problem here is the Free Stuff Army likes pretending that equality of outcome is the only form of fairness.

Too bad for them Nozick publicly demolished their nonsense-on-stilts back in the 1970s:

Nozick's famous Wilt Chamberlain argument is an attempt to show that patterned principles of just distribution are incompatible with liberty. He asks us to assume that the original distribution in society, D1, is ordered by our choice of patterned principle, for instance Rawls's Difference Principle. Wilt Chamberlain is an extremely popular basketball player in this society, and Nozick further assumes 1 million people are willing to freely give Chamberlain 25 cents each to watch him play basketball over the course of a season (we assume no other transactions occur). Chamberlain now has $250,000, a much larger sum than any of the other people in the society. The new distribution in society, call it D2, obviously is no longer ordered by our favored pattern that ordered D1. However Nozick argues that D2 is just. For if each agent freely exchanges some of his D1 share with the basketball player and D1 was a just distribution (we know D1 was just, because it was ordered according to your favorite patterned principle of distribution), how can D2 fail to be a just distribution? Thus Nozick argues that what the Wilt Chamberlain example shows is that no patterned principle of just distribution will be compatible with liberty. In order to preserve the pattern, which arranged D1, the state will have to continually interfere with people's ability to freely exchange their D1 shares, for any exchange of D1 shares explicitly involves violating the pattern that originally ordered it.

Darkota, you are not sufficiently specialized in coding/mining to compete with those who are.  So shut up about your boring inadequacies and buy cheap coins like the rest of us.  This is Game Over for your massive sense of entitlement, but not for innovative and fairly launched coins like XCN/XMR/BBR.

[q327K091]

I may be very wrong here, but I don't understand how it makes a difference for me who mines the coins?
Having a large private GPU sounds like something that would put the pressure on the price downwards and make for cheap coins until a public miner is released.

You are correct.  It makes no difference whether the tiny relative percentage of hence-emitted XCN/XMR/BBR were NerdMined by low level coders and their bot herder buddies, or airdropped to all mankind via postcard, because the market/exchanges adjust distribution to what is most economic.

The (artificial) problem here is the Free Stuff Army likes pretending that equality of outcome is the only form of fairness.

Too bad for them Nozick publicly demolished their nonsense-on-stilts back in the 1970s:

Nozick's famous Wilt Chamberlain argument is an attempt to show that patterned principles of just distribution are incompatible with liberty. He asks us to assume that the original distribution in society, D1, is ordered by our choice of patterned principle, for instance Rawls's Difference Principle. Wilt Chamberlain is an extremely popular basketball player in this society, and Nozick further assumes 1 million people are willing to freely give Chamberlain 25 cents each to watch him play basketball over the course of a season (we assume no other transactions occur). Chamberlain now has $250,000, a much larger sum than any of the other people in the society. The new distribution in society, call it D2, obviously is no longer ordered by our favored pattern that ordered D1. However Nozick argues that D2 is just. For if each agent freely exchanges some of his D1 share with the basketball player and D1 was a just distribution (we know D1 was just, because it was ordered according to your favorite patterned principle of distribution), how can D2 fail to be a just distribution? Thus Nozick argues that what the Wilt Chamberlain example shows is that no patterned principle of just distribution will be compatible with liberty. In order to preserve the pattern, which arranged D1, the state will have to continually interfere with people's ability to freely exchange their D1 shares, for any exchange of D1 shares explicitly involves violating the pattern that originally ordered it.

Darkota, you are not sufficiently specialized in coding/mining to compete with those who are.  So shut up about your boring inadequacies and buy cheap coins like the rest of us.  This is Game Over for your massive sense of entitlement, but not for innovative and fairly launched coins like XCN/XMR/BBR.

+1
eeeeexcellent write up

here is yet another thing and it has to do with if you really like reaaaally want GPU miner for AMD, learn how to code and write one! in this way you beat the competition!

this goes for any coin, on an occasion I have tweaked open source and replaced c/c++ routines with Linux assembly.. of course I wont publish these, in one case, case of primecoin I have replaced Fermat factorization, good ol' days before GPU came along

many things are possible

I am a simple man, but do appreciate your philosophically and politically motivated write up, now s* up (speaking to all lol) and mine to paraphrase the expression "sh up and dance" 

[digicoin]

Soooo.... still no GPU miner for win users? or amd? or bounties for that?

Blame MS for being too brain dead to support C99 or later in MSVC, and Nvidia for making nvcc only work with MSVC on Windows.

F U CK Microsoft. Their Azure platform is unstable as hell, making my life as coder a nightmare. Microsoft coders think coding without logging and deploying a small webapp to Azure in 10 minutes is good enough, forcing me work like a dog

[catia]

I can work on faster GPU miner. Wolf's is not that much faster imho. 1.4 vs 2.2mh is a little bad, but unlikely he has enough customers to force price out of profitability for people running OSS miner. Would be nice to get some help from community. Maybe somebody can run NV profiler and figure out where time is spent. I developed this on my laptop which cannot actually run it, so not sure where all the time goes. Obviously optimizing the kernel that takes the most time will buy us the most results.

[cubex]

I can work on faster GPU miner. Wolf's is not that much faster imho. 1.4 vs 2.2mh is a little bad, but unlikely he has enough customers to force price out of profitability for people running OSS miner. Would be nice to get some help from community. Maybe somebody can run NV profiler and figure out where time is spent. I developed this on my laptop which cannot actually run it, so not sure where all the time goes. Obviously optimizing the kernel that takes the most time will buy us the most results.

Yes, we need the optimisation desperately.  On average I am getting 1.2-1.3mh over a longer period of time (from initial 1.4mh) versus 3mh+ Wolf is getting (he has improved over 2.2mh and I am not sure if he is sharing his private miner to a few privileged).  That is less than half of the hash rate of what Wolf's private miner can do. This is by no mean a small amount!  With the current exchange rate of 0.000024, we are all losing a lot when mining with the public miner.

[kelvng105]

How about release a wallet that works? I am using Win7 x64 but I cannot get it up and running!! It is still downloading the header for 2 days now!!

This is frustrating..!!

[catia]

New gpu miner code released with 50% speed up. Unfortunately this is an arms race we can't really win. Anything I do Wolf will take to improve his miner. Best we can hope for is to make improvements he already has.

How about release a wallet that works? I am using Win7 x64 but I cannot get it up and running!! It is still downloading the header for 2 days now!!

This is frustrating..!!

You need the latest wallet and start over. Delete data directory and such. It only takes about 10 minutes to sync and do ther verification. No days involved.