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

[beaver6]

On a separate note I tried to mine some Spreadcoins over the last two days but the provided X11 miner only gets 1MH out of a 290x and network hashrate is over 2GH.  I'd be interested to see whether by removing pools this coin has simply created a solo mine arms race.  2GHps of X11 is a lot of GPUs  

Beat me to it.  I was just about to start mining to see what's what.

One of the things I wanted to see was if there was the potential for a secret optimized miner being produced.

XMR had some guy raping it for months without anyone knowing

http://da-data.blogspot.de/2014/08/minting-money-with-monero-and-cpu.html


edit

what temps do you get with the 290x?

I've got a small farm of 290 Tri-x's I was about to switch on.

In northern part of China in this season ,290X runs at the speed of 2.5MH/s at the temp of 80c-

[popolite11]

On a separate note I tried to mine some Spreadcoins over the last two days but the provided X11 miner only gets 1MH out of a 290x and network hashrate is over 2GH.  I'd be interested to see whether by removing pools this coin has simply created a solo mine arms race.  2GHps of X11 is a lot of GPUs  

Beat me to it.  I was just about to start mining to see what's what.

One of the things I wanted to see was if there was the potential for a secret optimized miner being produced.

XMR had some guy raping it for months without anyone knowing

http://da-data.blogspot.de/2014/08/minting-money-with-monero-and-cpu.html


edit

what temps do you get with the 290x?

I've got a small farm of 290 Tri-x's I was about to switch on.

In northern part of China in this season ,290X runs at the speed of 2.5MH/s at the temp of 80c-

Bu even they run at that speed, there is no worth of mining.

[NoobKidOnTheBlock]

All I know is this is definitely the calm before the storm and I can tell it's gonna be a huge storm when it finally comes Can't wait!!!

[beaver6]

All I know is this is definitely the calm before the storm and I can tell it's gonna be a huge storm when it finally comes Can't wait!!!

SPR is the second DRK in 2014 

[beaver6]

On a separate note I tried to mine some Spreadcoins over the last two days but the provided X11 miner only gets 1MH out of a 290x and network hashrate is over 2GH.  I'd be interested to see whether by removing pools this coin has simply created a solo mine arms race.  2GHps of X11 is a lot of GPUs  

Beat me to it.  I was just about to start mining to see what's what.

One of the things I wanted to see was if there was the potential for a secret optimized miner being produced.

XMR had some guy raping it for months without anyone knowing

http://da-data.blogspot.de/2014/08/minting-money-with-monero-and-cpu.html


edit

what temps do you get with the 290x?

I've got a small farm of 290 Tri-x's I was about to switch on.

In northern part of China in this season ,290X runs at the speed of 2.5MH/s at the temp of 80c-

Bu even they run at that speed, there is no worth of mining.

worth of mining or not depends on the future value of SPR.If the price of SPR is more than current cost,of course you would choose to mine it.

[beaver6]

Wouldn't any pool be able to do this? Like ones for Bitcoin?

How do you know that they aren't?

Even if there are pools,pools don't save the mining cost.

[e1ghtSpace]

Wouldn't any pool be able to do this? Like ones for Bitcoin?

How do you know that they aren't?

Even if there are pools,pools don't save the mining cost.

What point are you trying to prove?

[kondiomir]

Guys, sorry for the stupid question, but it is possible now to mine now solo wit GPUs ?

[e1ghtSpace]

Guys, sorry for the stupid question, but it is possible now to mine now solo wit GPUs ?

Yes it is. The bottom of the OP has instructions on how to mine.

[beaver6]

Wouldn't any pool be able to do this? Like ones for Bitcoin?

How do you know that they aren't?

Even if there are pools,pools don't save the mining cost.

What point are you trying to prove?

My point is that even pools work,they don't hurt.

[e1ghtSpace]

Wouldn't any pool be able to do this? Like ones for Bitcoin?

How do you know that they aren't?

Even if there are pools,pools don't save the mining cost.

What point are you trying to prove?

My point is that even pools work,they don't hurt.

They do hurt if they get >50% of the network. People lose trust in the coin.

[beaver6]

Wouldn't any pool be able to do this? Like ones for Bitcoin?

How do you know that they aren't?

Even if there are pools,pools don't save the mining cost.

What point are you trying to prove?

My point is that even pools work,they don't hurt.

They do hurt if they get >50% of the network. People lose trust in the coin.

AFAIK,2 or 3 of the whales in the QQ group can launch 51% attack now if they want.
so, it has nothing to do with pools.

[thelonecrouton]

Wouldn't any pool be able to do this? Like ones for Bitcoin?

How do you know that they aren't?

Even if there are pools,pools don't save the mining cost.

What point are you trying to prove?

My point is that even pools work,they don't hurt.

They do hurt if they get >50% of the network. People lose trust in the coin.

AFAIK,2 or 3 of the whales in the QQ group can launch 51% attack now if they want.
so, it has nothing to do with pools.

With the hashrate right now at ~3GH/s it would take what, 1500 280's to get 51%? Obviously more nethash would be better, but that will come, and presently it becomes vastly cheaper and easier to compromise 2 or 3 pools/pool servers than to mount a brute hashpower attack.

[illodin]

[a-russo]

Hi Mr.Spread,

I am working on developing an IRC bot for our channel on Freenode, so if you come across SpreadCoinBot don't get scared

Test version currently can show live price taken from c-cex and calculate what a certain amount of SPR is worth in BTC based on the live price.

Working now on having the bot to show live difficulty, net hashrate  and a mining profit calculator (based on mining hashrate entered and other live coin factors), and here comes the  question

Should I parse html shown on the blockchain explorer page (http://spreadcoin.net/explorer/) or is there something like a json api for getting the live diff, net hashrate value ?

Cheers

[sparkster]

skip

Sorry, I don't think somebody understands your funny pictures. At least I don't. And you are not on image board. I looked through your older posts. Please try to be polite.

[LitcoinCollector]

[NoobKidOnTheBlock]

All I know is I ain't selling any of my SpreadCoin till minimum 500k a coin because we all know it will get there for sure Just keep up the amazing workk Mr. Spread and you will have quite the dominant cryptocurrency here Cheers

[pokeytex]

Ok - so I requested that we be added to Cryptsy today.  I have had nothing but good luck on that site and the operator is quick to respond with any issues.  In addition, when I have had a problem I have called them and it was handled right away.  I have been using Cryptsy about a year now.  If you agree please submit a request through the support system.  Thank you - Pokeytex

[NoobKidOnTheBlock]

Ok - so I requested that we be added to Cryptsy today.  I have had nothing but good luck on that site and the operator is quick to respond with any issues.  In addition, when I have had a problem I have called them and it was handled right away.  I have been using Cryptsy about a year now.  If you agree please submit a request through the support system.  Thank you - Pokeytex

I will get on that right away my friend Also Mr. Spread if you have a moment would you be able to share maybe a little more insight into what you have going on behind closed doors I love this coin and I love the concept and ideas behind it and would love to hear more