[ANN] [SUP] Supcoin, PLUCK algorithm, Just Launched, Mine Now!

Looking at the hash on Suprnova, I see the top 15 > 12KH/s. This is on one pool so there might be other farms doing just solo. This pretty much shows that after the first few hours the coin is already out of reach of CPU mining. The GPU's have taken over in order to get that kind of hash. Unless of course you setup CPUs on 30 PCs running on this but that would not be feasible energy wise.

Anyways, at least I got about 4 coins right at the start and now just dust. Ill leave the mix of CPUs on it for a few days for another coin or two and then shut the CPU miners down.

There probably is some data to get out of this test, but so far the prima facie similarities with monero and all those other X coins are striking. When I left those coins way back they were all text based. What I like about Sup though is the nice graphical wallet and I can see a lot of hard work went into it. There were also excellent work done on the pools to have everything work so smoothly. I am super impressed by the pools especially with Suprnova. I am just disappointed with effort that went into getting GPU miners working before the launch as it took the CPUs out way too early. The distribution of the coins will be very narrow to the GPU miners which is a pity as broad based distribution (BBD) is a key factor to reduce the risk of a coin being manipulated or being dumped on by some unscrupulous miners. I think the hash rates are supporting my concerns and disappointment and indicative of an BBD opportunity missed. I will keep watching it though and look for opportunities in the markets once listed.

Lets hope that his next coin is released in a manner that is fair to all. This was supposed to be a test before the BIG one - hopefully lessons will be learned. When the scabs sell cheap i'll buy if the coin shows promise

I doubt anything will stay 100% cpu at this point in the game. Someone is either going to write the code to use a gpu or eventually ASIC's will come about through some form of manipulation to run the game. The only two major problems I am seeing at this point is that only the Nvidia GPU miner was available at the beginning which forces a good chunk of people like me to be stuck running CPU only and the Majority of people hopped on the Suprnova pool rather than spreading the hash out to the other two that are available on the main page. Right now the advertised has for Suprnova is around 600Kh while the others are at around 8Kh and 3Kh. With 215 workers on the Suprnova pool that equals about 3Kh per user average even if the top 20 are running GPU at 10 to 15Kh that leaves a lot of others still running cpu.

All I have to say otherwise is look a the other available pools and SPREAD THE HASH people.

CPUs are terrible at parallelization compared to GPUs so it's expected that virtually every hashing algorithm is better suited for GPUs. It's like running physics on CPU vs GPU.