CPU only mining dead?

[sniferek]

CPU mining was nice before everything got all crazy, it would be nice to have a coin stick to CPU mining and be well distributed

So what do You think should I make with free resources? I don't want to waste it.

[NeuroticFish]

Asking this kind of question usually doesn't get you any good answers.
Why that?
Everybody would like to get a small slice of the CPU mining, because everybody has CPU that stay, most of the time, unused.
But if I would shout that coin X is better for CPU mining, in a couple of days diff gets crazy, price goes down and it's all over.
You have to do some homework by yourself. Maybe you get lucky. Maybe not.


Sorry if you find this answer "evil". I hope I was actually helpful.
CPU mining has hard times now. Monero used to be for quite some time the best choice for CPU. Afaik those times are gone too.
Good luck!

[hack_]

Asking this kind of question usually doesn't get you any good answers.
Why that?
Everybody would like to get a small slice of the CPU mining, because everybody has CPU that stay, most of the time, unused.
But if I would shout that coin X is better for CPU mining, in a couple of days diff gets crazy, price goes down and it's all over.
You have to do some homework by yourself. Maybe you get lucky. Maybe not.


Sorry if you find this answer "evil". I hope I was actually helpful.
CPU mining has hard times now. Monero used to be for quite some time the best choice for CPU. Afaik those times are gone too.
Good luck!

I get what you are saying. Thats why in the start of the topic we talked about people "in the know". Hopefully this thread will become the one people use to point people to CPU mineable coins.

I am trying to work on merged mining for a cpu-gpu algo.

So far on the Cards is HEFTY---HeavyCoin and Momentum--ProtoShares

[Arsenay]

he he
only cpu mining:
http://magi.nonce-pool.com/index.php?page=statistics&action=pool
Current Active Workers    628 !!!!

top
7718.83  KH/s  ->   228.485 XMG/Day

amd fx 8350 -> 30 ,,,33  KH/s

7718/ 33 = 234 amd fx 8350

 1 amd fx 8350 = 120 Watt
234 amd fx 8350 = 120 * 234 = 28080 Watt

(24 *  28080)/1000 = 674 kW/h

674 * 0.04 = 26.96 $ - > 27 $

228.485 XMG * 0.0001 = 0.022848 btc -> ~ 8.2 $

and so ...
costs at least 27 $  to get the most out in 8.2 $

such business 

CPU only mining dead? 

[goosoodude]

CPU mining was nice before everything got all crazy, it would be nice to have a coin stick to CPU mining and be well distributed

CPU mining is not good for any coin as it can be taken over by botnets. The coin has to quickly evolve to at least support GPU to survive.

[hack_]

CPU mining was nice before everything got all crazy, it would be nice to have a coin stick to CPU mining and be well distributed

CPU mining is not good for any coin as it can be taken over by botnets. The coin has to quickly evolve to at least support GPU to survive.

and mining with gpu's is better how? Ever heard of a GPU farm?

GPU farm VS BOTNET VS ASIC

it is like comparing a tractor, a bus and lambo

They are all vehicles but each tailored to complete a task. an ILLEGAL BOTNET is something to discuss, but not any Tom Dick and Harry that has access/owns server farms or thousands of desktop computers.

[jawitech]

CPU mining was nice before everything got all crazy, it would be nice to have a coin stick to CPU mining and be well distributed

So what do You think should I make with free resources? I don't want to waste it.

Check out Magi, we appreciate your CPU ressources!

Find more here
https://bitcointalk.org/index.php?topic=735170.0
and here
http://cryptomining-blog.com/4017-coin-magi-xmg-cpu-only-alternative-crypto-currency/

[jawitech]

CPU mining was nice before everything got all crazy, it would be nice to have a coin stick to CPU mining and be well distributed

CPU mining is not good for any coin as it can be taken over by botnets. The coin has to quickly evolve to at least support GPU to survive.

and mining with gpu's is better how? Ever heard of a GPU farm?

GPU farm VS BOTNET VS ASIC

it is like comparing a tractor, a bus and lambo

They are all vehicles but each tailored to complete a task. an ILLEGAL BOTNET is something to discuss, but not any Tom Dick and Harry that has access/owns server farms or thousands of desktop computers.

Exactly. Each company has certain problems to deal with. Each coin has certain problems to deal with. You'll never find anything that doesn't have to.
The question is, does the developer try to find solutions against those problems.

[NeuroticFish]

Monero is CPU minable. GPU does not have much advantage. CPU mining is more efficient in terms of hash/J.

100% agreed. Still, I mine something else and gives me about 2x of the income monero would give me.
Just.. yeah... income is decreasing... the usual story: diff goes high, price goes low...

[HCLivess]

I have a lot of HeavyCoin that I mined back in the days of launch. I think it is basically worthless now though.
Also, I tried mining RieCoin with i7-4770k to no avail

[bitcreditscc]

hack_ can you post your performance figures for momentum, or maybe link them to me?

[hack_]

hack_ can you post your performance figures for momentum, or maybe link them to me?

PM

[Videlicet]

I built Coinshield with a CPU Mining Channel looking for Dense Prime Clusters, and a GPU Mining Channel using SK-1024 hashing algorithm [Skein-1024, Keccak-1600].

Each channel operates independent of one another, each being awarded 50% of the time released supply and utilizing their own difficulty re-targeting.

Thank You,
Viz.

[hack_]

I built Coinshield with a CPU Mining Channel looking for Dense Prime Clusters, and a GPU Mining Channel using SK-1024 hashing algorithm [Skein-1024, Keccak-1600].

Each channel operates independent of one another, each being awarded 50% of the time released supply and utilizing their own difficulty re-targeting.

Thank You,
Viz.

This is what i'm talking about!!!

let me take a look

[goosoodude]

CPU mining was nice before everything got all crazy, it would be nice to have a coin stick to CPU mining and be well distributed

CPU mining is not good for any coin as it can be taken over by botnets. The coin has to quickly evolve to at least support GPU to survive.

and mining with gpu's is better how? Ever heard of a GPU farm?

GPU farm VS BOTNET VS ASIC

it is like comparing a tractor, a bus and lambo

They are all vehicles but each tailored to complete a task. an ILLEGAL BOTNET is something to discuss, but not any Tom Dick and Harry that has access/owns server farms or thousands of desktop computers.

In a GPU farm or an ASIC operation, they pay for the hardware and electricity from their own pocket. A botnet operator does no such think and can abuse the coin as much as possible for free.

[hack_]

CPU mining was nice before everything got all crazy, it would be nice to have a coin stick to CPU mining and be well distributed

CPU mining is not good for any coin as it can be taken over by botnets. The coin has to quickly evolve to at least support GPU to survive.

and mining with gpu's is better how? Ever heard of a GPU farm?

GPU farm VS BOTNET VS ASIC

it is like comparing a tractor, a bus and lambo

They are all vehicles but each tailored to complete a task. an ILLEGAL BOTNET is something to discuss, but not any Tom Dick and Harry that has access/owns server farms or thousands of desktop computers.

In a GPU farm or an ASIC operation, they pay for the hardware and electricity from their own pocket. A botnet operator does no such think and can abuse the coin as much as possible for free.

how exactly is he "abusing" the coin?

there is "use" and "abuse", please clearly define what you are saying. And of course lets not forget your reasoning that access to a botnet//server farm//as-many-computers-as-i-can == ILLEGAL BOTNET.

This is not an ethics discussion, it's mostly for those with a passion for CPU mining, GPU discussion is allowed since they are treated the same nowadays.

[bitcreditscc]

NEW CPU/GPU COIN

[goosoodude]

how exactly is he "abusing" the coin?

there is "use" and "abuse", please clearly define what you are saying. And of course lets not forget your reasoning that access to a botnet//server farm//as-many-computers-as-i-can == ILLEGAL BOTNET.

This is not an ethics discussion, it's mostly for those with a passion for CPU mining, GPU discussion is allowed since they are treated the same nowadays.

Botnet operator - spreads his malware and gets coins for free. Dumps them for whatever the price is. Regular miners compete with someone with free electricity and hardware.

GPU/ASIC mining - spends money for hardware and electricity. Miners compete with one another by investing, and they sell at good prices. They also stop mining at low prices reducing difficulty.

[barwizi]

NEW CPU/GPU COIN

momentum has the issue of closed source miners, if you can pass that hurdle, you are home free.

[barwizi]

@ hack_ noirshares 2.0 is no longer cpu only, someone figured out gpu mining and has been doing it quietly.