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August 24, 2016, 09:30:51 PM |
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totaly agree any CPU hashing algo need to die, I know there are many ppl that will defend scam botnet operation, they have ZERO investment and they earn cash stealing servers, ppl computers, etc
if GPU is not at least 10x faster, then dump the coin kill it whole worth, don`t support thieves!
say GTFO to monero!!!!!!!!!!
what bout gpu bot net ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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antantti
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August 24, 2016, 09:38:50 PM |
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Sorry sp!
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reb0rn21
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August 24, 2016, 09:43:12 PM |
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totaly agree any CPU hashing algo need to die, I know there are many ppl that will defend scam botnet operation, they have ZERO investment and they earn cash stealing servers, ppl computers, etc
if GPU is not at least 10x faster, then dump the coin kill it whole worth, don`t support thieves!
say GTFO to monero!!!!!!!!!!
what bout gpu bot net ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) sure find a way to kill them still they are maybe 1-4% of the whole mining GPU power, pools can keep the track of them if they wish
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sp_ (OP)
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August 25, 2016, 07:00:26 AM |
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For comparison my i7-6700K @ 4 GHz does 290 h/s XMR.
The issue with "CPU algos" and GPUs is a combination of architectural limitations limiting the potential gain combined with increased development effort to try to overcome these limitations. Lots of work for little gain - low motivation.
Lyra2 is an interesting case. Lyra2RE performs much better on a CPU than Lyra2REv2 compared with nvidia GPUs. Using the latest optimisations for both CPU and GPU miners, and hash rates normalised, Lyra2RE mines at 4x Lyra2REv2 on a CPU compared with a GPU at 1x.
A 750ti mines cryptonight @ 300H/s @ around 50 watt with my private miner. What speed are you getting in lyra2v2 and lyra2RE with your cpu miner?
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bensam1231
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August 25, 2016, 07:49:59 AM |
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For comparison my i7-6700K @ 4 GHz does 290 h/s XMR.
The issue with "CPU algos" and GPUs is a combination of architectural limitations limiting the potential gain combined with increased development effort to try to overcome these limitations. Lots of work for little gain - low motivation.
The way I see it all these cpu algos have that same problem, too much free hashing power available. You don't pay for electricity & hardware. Your latest i7 does .29 khs Mine dinosaur 295x2 does 1.48 khs Dwarfpool top miner who owns 66% of that pool does 1262 khs. Nethash is about 50000 khs. These are insane numbers, you would need 4000 i7 6700k's to beat that dwarfpooler alone. It's all botnets, this has been known for quite sometime. Infected PCs using CPU miners. That's why CPU mining has always been a bad idea, it's easily exploitable by people with nefarious purposes.
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I buy private Nvidia miners. Send information and/or inquiries to my PM box.
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reb0rn21
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August 25, 2016, 11:01:06 AM |
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I know what could be a great CPU coin, make POW CPU coin, make it as steemit concept but pure POW and fair, miners must use private key for mining so pools are not possible, make it only minable solo, use as harder algo to kill any GPU mining attempt in near future I could see good prospect for that kind of CPU coin
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bensam1231
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August 25, 2016, 11:57:57 AM |
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I know what could be a great CPU coin, make POW CPU coin, make it as steemit concept but pure POW and fair, miners must use private key for mining so pools are not possible, make it only minable solo, use as harder algo to kill any GPU mining attempt in near future I could see good prospect for that kind of CPU coin
What's wrong with pools? In your example, big CPU miners would show up and obliterate any small CPU miners. There are no pools, so they get almost all of the blocks... You end up with block times in the 2-4 weeks range... You see no blocks in the first five days, then give up. Big CPU miners gobble all of your 'fair' blocks. Steem is fair, it's just a very unoptimal model for miners. Specifically because mining costs electricity and there is no way to tell how much Steem power will be worth two years from now... or if it will even still be around. Just like HODL coin. You're essentially burning dollar bills for the sake of them not wanting you to dump on their coin that they're paying you to secure/process. You could totally automate a system where each machine needs a wallet though, especially with a botnet. Each machine runs a stealth wallet, wallets autosend to one bigger wallet if they find a block. It's a adhoc pool. Something similiar was made with BURST if I remember correctly. In other news not too thrilled with MSI 1070s. I've been using them for over a month, both the white and reds, as well as X and 0 versions. They run really hot (close to 90%+ fan speed compared to 70% with other cards in the same setup) and I've had four of them fail already. May have been a bad batch, but none of my other 1070s have failed yet. Unfortunately it's also becoming obvious that the TDP limit that other brands have of around 110% isn't high enough. Some algos like NeoS bump up against that. The MSI reds all have 126 limits, but they have problems as I've mentioned.
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myagui
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August 25, 2016, 12:15:23 PM |
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[...] Steem is fair, it's just a very unoptimal model for miners. [...]
You don't seem familiar with the facts of the Steem launch. Most/More information is available for anyone interested in learning more about it, so I'll avoid posting further about it here. I would only add that fair is all kinds of wrong in the highlighted sentence.
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giagge
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August 25, 2016, 01:00:44 PM Last edit: August 25, 2016, 01:56:25 PM by giagge |
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The last free miner for cryptonight XMR windows x64 which is ? , i want try one idea with my gtx 1070 .
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bensam1231
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August 25, 2016, 04:44:07 PM |
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[...] Steem is fair, it's just a very unoptimal model for miners. [...]
You don't seem familiar with the facts of the Steem launch. Most/More information is available for anyone interested in learning more about it, so I'll avoid posting further about it here. I would only add that fair is all kinds of wrong in the highlighted sentence. Using it in the context of mining.
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I buy private Nvidia miners. Send information and/or inquiries to my PM box.
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joblo
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August 25, 2016, 04:54:52 PM |
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For comparison my i7-6700K @ 4 GHz does 290 h/s XMR.
The issue with "CPU algos" and GPUs is a combination of architectural limitations limiting the potential gain combined with increased development effort to try to overcome these limitations. Lots of work for little gain - low motivation.
Lyra2 is an interesting case. Lyra2RE performs much better on a CPU than Lyra2REv2 compared with nvidia GPUs. Using the latest optimisations for both CPU and GPU miners, and hash rates normalised, Lyra2RE mines at 4x Lyra2REv2 on a CPU compared with a GPU at 1x.
A 750ti mines cryptonight @ 300H/s @ around 50 watt with my private miner. What speed are you getting in lyra2v2 and lyra2RE with your cpu miner? 300 sounds good but private miners don't interest me. I get 290 but I haven't measured the power. It runs a lot cooler than most other algos so it's probably fairly light on power. On my i7-6700K @ 4 GHz: lyra2re: 1390 kH/s lyra2rev2: 1350 kH/s
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joblo
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August 25, 2016, 05:04:23 PM |
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I know what could be a great CPU coin, make POW CPU coin, make it as steemit concept but pure POW and fair, miners must use private key for mining so pools are not possible, make it only minable solo, use as harder algo to kill any GPU mining attempt in near future I could see good prospect for that kind of CPU coin
This depends on how important mining is to the sucess of the coin. If you view it as an undesireable necessity it's fine if you discourage miners by making them jump through hoops. but if you view mining as a way to market the coin it would be counterproductive. From my own perspective my initial interest in crypto was via mining. I didn't care then, or care now, about coins that can't be mined easilly.
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myagui
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August 25, 2016, 07:02:14 PM |
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[...] Steem is fair, it's just a very unoptimal model for miners. [...]
You don't seem familiar with the facts of the Steem launch. Most/More information is available for anyone interested in learning more about it, so I'll avoid posting further about it here. I would only add that fair is all kinds of wrong in the highlighted sentence. Using it in the context of mining. That's really the same context as in my response bensam1231. The details are too long winded to be posting here, and I have no inclination to extend on it either. Anyhow, back to mining: Anyone has been testing the Claymore dual miner that can report on profitability for Pascal cards? A few comments I read here and there, seem to suggest a very moderate profit increase, especially if we take into account the added power usage.
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bensam1231
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August 26, 2016, 08:21:36 AM |
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Really hope something new pops up, mining is looking rather bleak right now. Ethereum is the best choice, Lbry is being piledrived into the ground.
Mining Eth is such a huge PITA though and makes buying Nvidia pointless. I've questioned the whole idea of buying nvidia since the beginning of this year. While I got decent use out of my 970s compared to using a R9 series card, buying 1070s this summer might've been a very poor choice. Especially considering what 480s are doing and the price they're at. There are no algos right now that are properly rewarding 1070s for the price/performance ratio.
Could also be too many people got in on the Nvidia train comparatively to the AMD train. Since AMD is much better at Dagger and the majority of volume sits in Dagger algos, it appears that Nvidia miners are over abundant compared to their markets (assuming that pretty much everyone who doesn't mine Dagger and instead mines other 'profitable' algos is a Nvidia user).
If there was equilibrium or Nvidia miners were in a general minority, there would still be profitable markets outside of Ethereum, but since the decline of Lbry there haven't been markets popping out. This is assuming AMD miners aren't completely retarded and are mining less profitable algos for the sake of doing so (like Lbry). Right now there should be absolutely no AMD miners on Lbry... but there probably are.
Saving grace right now is Claymores dual miner which does use a bit of extra processing power that is available, but no where close to what it probably should be. I have no idea how well his DCR or SIA miner even are in and of themselves compared to Nvidia SIA/DCR miners.
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I buy private Nvidia miners. Send information and/or inquiries to my PM box.
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sp_ (OP)
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August 26, 2016, 08:42:38 AM |
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LBRY will go back up. Just hold it for some weeks/months instead of dumping it.
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tbearhere
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August 26, 2016, 08:48:14 AM |
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LBRY will go back up. Just hold it for some weeks instead of dumping it.
Yes that's what it looks like sp... someone bought 50 BTC worth. Now up to 100 BTC ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) If people hold or sell at a higher price...
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sp_ (OP)
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August 26, 2016, 08:49:26 AM |
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The github is active.. This is peer to peer netflix on the blockchain. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi64.tinypic.com%2Fs42xdt.png&t=665&c=-SKevRjqu6sbgQ)
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sp_ (OP)
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August 26, 2016, 08:51:34 AM |
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LBRY will go back up. Just hold it for some weeks instead of dumping it.
Yes that's what it looks like sp... someone bought 50 BTC worth. Now up to 100 BTC ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) If people hold or sell at a higher price... Somebody has been buying for 100BTC every day for the last month or so. At the peak LBRY MCAP was bigger than Etherum @ 1.2 Billion USD. ( www.coinmarketcap.com has the wrong number of coins) There are 404 455 928 LBRY coins ( https://explorer.lbry.io)
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bensam1231
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August 26, 2016, 08:55:50 AM |
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LBRY will go back up. Just hold it for some weeks/months instead of dumping it.
There is no point in holding when block reward will double in the coming weeks. That means at the end of the climb, block reward will be 500 coins per block for a very long time. Coin emission per day is still increasing. Perhaps there is a point to holding closer to when it's maxing out (say around 450 coins per block), but not right now.
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I buy private Nvidia miners. Send information and/or inquiries to my PM box.
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sp_ (OP)
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August 26, 2016, 09:05:05 AM Last edit: August 26, 2016, 09:28:09 AM by sp_ |
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There is no point in holding when block reward will double in the coming weeks. That means at the end of the climb, block reward will be 500 coins per block for a very long time. Coin emission per day is still increasing. Perhaps there is a point to holding closer to when it's maxing out (say around 450 coins per block), but not right now.
But when their software is released. and not in the BETA phase anymore, the coin could skyrocket. (77 000 pre subscribers and 2000 beta testers). This is going to be bigger than Steem. Accumulate for 3 months from miners, and sell with a huge profit in the rally that will come..
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