[ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes

[thefix]

Anyone think we should put together a community bounty fund for an improved GPU miner?

I'd rather pay for a true CPU only solution.

Impossible. What you CAN do, is make GPU simply not worth it. But it's a really stupid idea - botnets will then dominate the hashrate if your coin has any value.

EDIT: Shit, what am I saying, I'm better at CPU dev than GPU dev. Disregard my last. 

Cpu is the way to go and I can think of one really good example of this with drops on rewards when hash rates get higher.

Its really a "magi"cal idea!

[thefix]

Anyone think we should put together a community bounty fund for an improved GPU miner?

I'd rather pay for a true CPU only solution.

Impossible. What you CAN do, is make GPU simply not worth it. But it's a really stupid idea - botnets will then dominate the hashrate if your coin has any value.

EDIT: Shit, what am I saying, I'm better at CPU dev than GPU dev. Disregard my last. 

Cpu is the way to go and I can think of one really good example of this with drops on rewards when hash rates get higher.

Its really a "magi"cal idea!

That's actually a stupid idea, because if many more miners join, it will also lower the reward. Also, everyone will mine at full power, hoping everyone else is stupid enough to lower their own hashrates.

Sure I would agree with that short term, but I think the guy or gal who throws up a single CPU to mine long term will have a better result. Anyways I hope this can get people thinking about new ways to do things.

[jjjordan]

I have ever wondered and wanted to ask if this behavior is normal:

I use two wallets(same wallet.dat) mining at different locations (not tunneled or whatever).
Now these two wallets have each some GPUs mining to them.
The transactions(found blocks) in the wallets do not match
with dates as far back as Jan 10. I will check if after couple of days
it will be Jan13 for example.

So I am not that worried for this delay (I am assuming it's a delay)
but was wondering if 10 days is a normal "sync delay" time...

[soundwallet]

Anybody knows what the mining cost now,I want to buy some.My hashpower is too low 

[georgem]

I typed getpeerinfo and look at the ip's:

60.162.57.53 wth?

60.162.57.53 geo-locates in China. Big surprise there! Lol! And 114.201.55.253 geo-locates in South Korea...

Not sure, but I am assuming that each port address is a different QT wallet... How many miners did Mr.Spread limit to each wallet?

Code:

addr : "114.201.55.253:51345",
addr : "114.201.55.253:52893",
addr : "114.201.55.253:55128",
addr : "114.201.55.253:56951",
addr : "60.162.57.53:16608",
addr : "60.162.57.53:21729",
addr : "60.162.57.53:2593",
addr : "60.162.57.53:2816",
addr : "60.162.57.53:28640",
addr : "60.162.57.53:28672",
addr : "60.162.57.53:30881",
addr : "60.162.57.53:31360",
addr : "60.162.57.53:32387",
addr : "60.162.57.53:3392",
addr : "60.162.57.53:34689",
addr : "60.162.57.53:35936",
addr : "60.162.57.53:37024",
addr : "60.162.57.53:38625",
addr : "60.162.57.53:43009",
addr : "60.162.57.53:43200",
addr : "60.162.57.53:47040",
addr : "60.162.57.53:48832",
addr : "60.162.57.53:51713",
addr : "60.162.57.53:52514",
addr : "60.162.57.53:53664",
addr : "60.162.57.53:54883",
addr : "60.162.57.53:58722",
addr : "60.162.57.53:60419",
addr : "60.162.57.53:61761",
addr : "60.162.57.53:61857",
addr : "60.162.57.53:63104",
addr : "60.162.57.53:7265",
addr : "60.162.57.53:8032",

I would say you just found SPR's biggest two whales! That's a LOT of wallets running on one IP...

Couldn't we prevent such a thing by simply not allowing the mining of more than one miner/port on the same IP? Should be easy to implement, right?
This should drive the investment cost for whales up quite a bit.

EDIT: No wait, getpeerinfo returns not just IPs from miners, but from wallets. So if we allowed only one wallet per IP we would run into all kinds of problems, like for example, two people in the same LAN wouldn't be able to transact with each other.

[LiteMine]

Anybody knows what the mining cost now,I want to buy some.My hashpower is too low 

0.0006 or higher

[LitcoinCollector]

I think we should make a page in Spreadcointalk with the vector logo, fonts etc, images etc. for people to use when designing stuff.

Awesome. Can you do that?

If you put everything together in a thread, I will put your thread in the "important links" section.

I made a PDF file in Illustrator (vector). I want to make a page in SpreadCoinTalk but how can I share this file? (imgur must be .jpg.)

[e1ghtSpace]

I think we should make a page in Spreadcointalk with the vector logo, fonts etc, images etc. for people to use when designing stuff.

Awesome. Can you do that?

If you put everything together in a thread, I will put your thread in the "important links" section.

I made a PDF file in Illustrator (vector). I want to make a page in SpreadCoinTalk but how can I share this file? (imgur must be .jpg.)

Unfortunately I don't know the answer but I do love how you've made "negatives" if you know what I mean.

[sammy007]

Couldn't we prevent such a thing by simply not allowing the mining of more than one miner/port on the same IP? Should be easy to implement, right?
This should drive the investment cost for whales up quite a bit.

EDIT: No wait, getpeerinfo returns not just IPs from miners, but from wallets. So if we allowed only one wallet per IP we would run into all kinds of problems, like for example, two people in the same LAN wouldn't be able to transact with each other.

Better launch not mineable PoS shitcoin and masturbate on it's non-mineability.

[georgem]

I think we should make a page in Spreadcointalk with the vector logo, fonts etc, images etc. for people to use when designing stuff.

Awesome. Can you do that?

If you put everything together in a thread, I will put your thread in the "important links" section.

I made a PDF file in Illustrator (vector). I want to make a page in SpreadCoinTalk but how can I share this file? (imgur must be .jpg.)

Awesome work.

Well, did you register on spreacointalk.org? I can't see your name in the member list.

I will give you the ability to add attachments to your posts, since your work seems very media related.

PM me at the forum please.

[georgem]

Couldn't we prevent such a thing by simply not allowing the mining of more than one miner/port on the same IP? Should be easy to implement, right?
This should drive the investment cost for whales up quite a bit.

EDIT: No wait, getpeerinfo returns not just IPs from miners, but from wallets. So if we allowed only one wallet per IP we would run into all kinds of problems, like for example, two people in the same LAN wouldn't be able to transact with each other.

Better launch not mineable PoS shitcoin and masturbate on it's non-mineability.

Solo-mineable is not the same as non-mineable. ;-)

[LitcoinCollector]

I think we should make a page in Spreadcointalk with the vector logo, fonts etc, images etc. for people to use when designing stuff.

Awesome. Can you do that?

If you put everything together in a thread, I will put your thread in the "important links" section.

I made a PDF file in Illustrator (vector). I want to make a page in SpreadCoinTalk but how can I share this file? (imgur must be .jpg.)

Awesome work.

Well, did you register on spreacointalk.org? I can't see your name in the member list.

I will give you the ability to add attachments to your posts, since your work seems very media related.

PM me at the forum please.

Thanks man,

[georgem]

Maybe we need a new sub forum on spreadcointalk, something for official merchandising related stuff... Spreadcoin identity, or what's the word I am looking for...

Marketing.
We don't have a subforum regarding marketing, lol... how could we forget.

EDIT:

now we have one: http://spreadcointalk.org/index.php?board=16

"Everything identity, design and marketing campaign related goes here. Creating awareness thru social media etc"

maybe eightspace you can express it in better english? thanks.

[thelonecrouton]

Anyone think we should put together a community bounty fund for an improved GPU miner?

I'd rather pay for a true CPU only solution.

Impossible. What you CAN do, is make GPU simply not worth it. But it's a really stupid idea - botnets will then dominate the hashrate if your coin has any value.

EDIT: Shit, what am I saying, I'm better at CPU dev than GPU dev. Disregard my last.  

Please explain to me why CPU mining is prone to botnet subversion but GPU or ASIC mining is magically not.

If it's connected to the internet, it's hackable. CPU/GPU/ASIC makes no damn difference. If an attacker has control of your box, and your mining software, then they have control of your mining hardware too whatever that might be.

[georgem]

Anyone think we should put together a community bounty fund for an improved GPU miner?

I'd rather pay for a true CPU only solution.

Impossible. What you CAN do, is make GPU simply not worth it. But it's a really stupid idea - botnets will then dominate the hashrate if your coin has any value.

EDIT: Shit, what am I saying, I'm better at CPU dev than GPU dev. Disregard my last.  

Please explain to me why CPU mining is prone to botnet subversion but GPU or ASIC mining is magically not.

If it's connected to the internet, it's hackable. CPU/GPU/ASIC makes no damn difference. If an attacker has control of your box, and your mining software, then they have control of your mining hardware too whatever that might be.

Exactly.

Also what I never understood is.... yeah I understand it's possible that someone makes my pc his bot and makes it spread emails or malware, without me noticing it immediately. Ok, get it.

But how is he going to let my pc CPU mine without me noticing the higher temperature, the higher noise the fans are going to make, and the general slowliness that will make me wonder immediately what's going on with my pc?

[defunctec]

Anyone think we should put together a community bounty fund for an improved GPU miner?

I'd rather pay for a true CPU only solution.

Impossible. What you CAN do, is make GPU simply not worth it. But it's a really stupid idea - botnets will then dominate the hashrate if your coin has any value.

EDIT: Shit, what am I saying, I'm better at CPU dev than GPU dev. Disregard my last.  

Please explain to me why CPU mining is prone to botnet subversion but GPU or ASIC mining is magically not.

If it's connected to the internet, it's hackable. CPU/GPU/ASIC makes no damn difference. If an attacker has control of your box, and your mining software, then they have control of your mining hardware too whatever that might be.

Exactly.

Also what I never understood is.... yeah I understand it's possible that someone makes my pc his bot and makes it spread emails or malware, without me noticing it immediately. Ok, get it.

But how is he going to let my pc CPU mine without me noticing the higher temperature, the higher noise the fans are going to make, and the general slowliness that will make me wonder immediately what's going on with my pc?

Id assume a bot-net would go for large offices/companies, where people would be unaware of the extra pc usage.

Large offices/companies wont have very powerful GPU's if any at all.

It would be easier to organise a CPU botnet than a GPU botnet, because i can farm large amount of CPU power from "large" companies, but with GPU i would have to gather from individuals, which would be harder.

[thelonecrouton]

Id assume a bot-net would go for large offices/companies, where people would be unaware of the extra pc usage.

Large offices/companies wont have very powerful GPU's if any at all.

It would be easier to organise a CPU botnet than a GPU botnet, because i can farm large amount of CPU power from "large" companies, but with GPU i would have to gather from individuals, which would be harder.

Large offices/companies are probably running a bunch of shitty old Celerons, I don't think it's much of a threat. And any company that happens to have rackfulls of 14 core Xeons is likely to have a sysadmin that just might notice the sudden massive load increase or their atomic weapons simulation or HFT algos grinding suddenly to a halt and various red strobing lights and ear splitting sirens going off.

Botnets are more myth than reality in cryptocurrencies.

[defunctec]

Id assume a bot-net would go for large offices/companies, where people would be unaware of the extra pc usage.

Large offices/companies wont have very powerful GPU's if any at all.

It would be easier to organise a CPU botnet than a GPU botnet, because i can farm large amount of CPU power from "large" companies, but with GPU i would have to gather from individuals, which would be harder.

Botnets are more myth than reality in cryptocurrencies.

Good point

Id say CPU and GPU only is a myth also.

As mining becomes ever more profitable, market pressure will lead to faster CPU speeds and ultimately ASICs.

[georgem]

Id assume a bot-net would go for large offices/companies, where people would be unaware of the extra pc usage.

Large offices/companies wont have very powerful GPU's if any at all.

It would be easier to organise a CPU botnet than a GPU botnet, because i can farm large amount of CPU power from "large" companies, but with GPU i would have to gather from individuals, which would be harder.

Large offices/companies are probably running a bunch of shitty old Celerons, I don't think it's much of a threat. And any company that happens to have rackfulls of 14 core Xeons is likely to have a sysadmin that just might notice the sudden massive load increase or their atomic weapons simulation or HFT algos grinding suddenly to a halt and various red strobing red lights and ear splitting sirens going off.

Botnets are more myth than reality in cryptocurrencies.

Of COURSE it's a threat - one shitty Celeron is not, ten thousand matter.

I hear you, and you make valid points.

But this all reminds me of this guy working at some super computer facility and mining bitcoin with them, when ASICS were already here.
Totally useless and stupid, and I think he lost his job when they found out he used the totally inefficient (for SHA-256(SHA-256)) supercomputers to mine bitcoin.  

Yes, it's not just about the hashrate it's also about the number of cpus, but...

Will such a celeron even do 5 KH at 100%?
So 10k of them will result in maybe 50 MH/s?
That's a ridiculously low reward for such an operation.

[sony87]

Id assume a bot-net would go for large offices/companies, where people would be unaware of the extra pc usage.

Large offices/companies wont have very powerful GPU's if any at all.

It would be easier to organise a CPU botnet than a GPU botnet, because i can farm large amount of CPU power from "large" companies, but with GPU i would have to gather from individuals, which would be harder.

Large offices/companies are probably running a bunch of shitty old Celerons, I don't think it's much of a threat. And any company that happens to have rackfulls of 14 core Xeons is likely to have a sysadmin that just might notice the sudden massive load increase or their atomic weapons simulation or HFT algos grinding suddenly to a halt and various red strobing lights and ear splitting sirens going off.

Botnets are more myth than reality in cryptocurrencies.

Allow me to disagree We are on i5 for around 3000 machines