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Topic: 8th Alt coin thread. Or what to do now that asics are all over the place. - page 88. (Read 81547 times)

legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Just back from long consulting work with limited Internet access and catching up with the thread now.

In my inbox, saw a few interesting emails... one of them... Bitmain firesales... all SHA256 miners are at $7xx and $6xx (without PSU) -- are we looking at the coming of the mega-ASICs-miner?

Knowing how Bitmain works.... are we starring at a possible 100TH miner at 1000w by the end of the year?



Make sure to answer the invite from generalt

Free contest for a silver coin.


No way will a 100th miner with 1000 watts goes on sale.

I think they have a 1300 watt 19th machine
legendary
Activity: 1834
Merit: 1080
---- winter*juvia -----
Just back from long consulting work with limited Internet access and catching up with the thread now.

In my inbox, saw a few interesting emails... one of them... Bitmain firesales... all SHA256 miners are at $7xx and $6xx (without PSU) -- are we looking at the coming of the mega-ASICs-miner?

Knowing how Bitmain works.... are we starring at a possible 100TH miner at 1000w by the end of the year?

member
Activity: 126
Merit: 10
I'll keep GPU mining I don't see GPU mining dying anytime soon it may seem like it is from time to time but isn't that how it all works ? . Smiley ......  to Answer > YES !!!!!!

I will buy some ASIC I've said that before .. but i won't buy it to try and hurt miners .  May even Buy some FPGA if it becomes affordable enough for the avg miners > me ..



I use Awesome miner http://www.awesomeminer.com/  and have been for the last two years . I know Linux might be better for some but I like windows 10 workstation Pro better because it is a lot easier to use for me .

However if Awesome miner ever comes out with a Linux version I will use it.

I'm mining RVN right now always watching for that new coin.

I also have cheap reliable power now .

SO i don't care what miners i use a balance is best IMO . I prefer GPU because of the cost and fun that goes into building GPU Rigs which i love doing, i wish i could build my own ASIC rigs ...

3 GPU rigs five cards each 2 are AMD one is NV cards

2 D3
1 A741 1 A6
sold the two L3 i had .

saving for the next L whatever it is so i can get it day one i hope .


SO I'll stay with both ASIC and GPU for the balance because balance is always better .


My 2 cents worth .
member
Activity: 72
Merit: 11
Also (in response to @melpheos) there is no such thing as an FPGA resistant algo. Any PoW computation a GPU can do an (appropriate) FPGA can do better.

I could be wrong, but as far as I know, an algo like ProgPoW described by OhGodAGirl which utilizes all parts of a GPU would still be FPGA minable sure, but I do not think it would be any more efficient on an FPGA. Buying an FPGA that needs to have the hardware to replicate every part of a GPU wouldn't make much sense as it would then be just as good as a real GPU, at which point it's going to be more economically viable to just buy the graphics card.




hero member
Activity: 906
Merit: 507
lets talk about pool diffculity

I found that the pool on var diff sets diff at around 8-120 for my 8 card rigs , but i have noticed that some lower hash rate miners
say 40mhs to my 120 mhs  are getting double the amount of shares !

snip

so should i be setting the diff for that 100mhs rig way lower like 50 or something?  


its such a crapshoot though;  if block times roll by quickly;  sometimes some machines get more of a chance to get a submission in over others....

Ping time, and latency... oah latency can be a thorn.  Working from cellular connections:  I feel the pain.  Lots of long term tests for finding appropriate difficulties to run when I get high packet loss regularly is a tough thing to swallow.

Some algos act funny such as when mining xevan, I was able to set one rig at half the difficulty and still get the same server side hashrate of a rig twice as powerful.. seemingly about half of the time.   now, they were weak rigs compared to the "industry", but they taught me that luck is an ever changing and un-predictable factor....  scaling up, just exacerbates the readings during the short-term blocks.   Coins with long term blocks/hashes are a different story.


And, good job on the pool Marvell2.  I myself have yet to get a yiimp code properly configured to interface with a coin daemon....  hats off Wink

Glad the no-ip DNS name helps;  its been a life saver for me, and has helped me recover a laptop in the past as well.   I suggest it to everyone here wanting a nice free customize-able DNS name for their dynamic IP device(s).... all you need from there is to open up some external ports on your router for .  Sorry for skewing the topic further on the tangent.

Back on topic:

Eff Bitmain  Grin

@JaredKaragan glad you like the pool, I was glad for your dns help too , its a basic yiimp install, the harder part is getting other coins and wallets
we want to instamine, proton,pigeon, reden and moon.

i had a server working with all those coins last week but i mesed something up had to start over.
in one day i think we mined 20 blocks of reden lol, I can’t wait to try again this weekend

i think us gpu guys neen more small easy projects like this to maximize our earnings
theres so many factors against us we cant have pools skimming too.  I havw no issues with a low 1% fee but then to not ever pay those 130% and 150 % block days like ever? reeks of. theft imo.



I tried to join your discord a few times to get the pool address but the link expired
i sent you a new link, doing pretty good today 4 blocks

https://discord.gg/BKke54

thats a new link, btw I a am bringing down the server for a few hours to add another coin we will instamine for a day or so , ill post coin info in discord
Thanks just sent 2 rigs there
full member
Activity: 1148
Merit: 132
lets talk about pool diffculity

I found that the pool on var diff sets diff at around 8-120 for my 8 card rigs , but i have noticed that some lower hash rate miners
say 40mhs to my 120 mhs  are getting double the amount of shares !

snip

so should i be setting the diff for that 100mhs rig way lower like 50 or something?  


its such a crapshoot though;  if block times roll by quickly;  sometimes some machines get more of a chance to get a submission in over others....

Ping time, and latency... oah latency can be a thorn.  Working from cellular connections:  I feel the pain.  Lots of long term tests for finding appropriate difficulties to run when I get high packet loss regularly is a tough thing to swallow.

Some algos act funny such as when mining xevan, I was able to set one rig at half the difficulty and still get the same server side hashrate of a rig twice as powerful.. seemingly about half of the time.   now, they were weak rigs compared to the "industry", but they taught me that luck is an ever changing and un-predictable factor....  scaling up, just exacerbates the readings during the short-term blocks.   Coins with long term blocks/hashes are a different story.


And, good job on the pool Marvell2.  I myself have yet to get a yiimp code properly configured to interface with a coin daemon....  hats off Wink

Glad the no-ip DNS name helps;  its been a life saver for me, and has helped me recover a laptop in the past as well.   I suggest it to everyone here wanting a nice free customize-able DNS name for their dynamic IP device(s).... all you need from there is to open up some external ports on your router for .  Sorry for skewing the topic further on the tangent.

Back on topic:

Eff Bitmain  Grin

@JaredKaragan glad you like the pool, I was glad for your dns help too , its a basic yiimp install, the harder part is getting other coins and wallets
we want to instamine, proton,pigeon, reden and moon.

i had a server working with all those coins last week but i mesed something up had to start over.
in one day i think we mined 20 blocks of reden lol, I can’t wait to try again this weekend

i think us gpu guys neen more small easy projects like this to maximize our earnings
theres so many factors against us we cant have pools skimming too.  I havw no issues with a low 1% fee but then to not ever pay those 130% and 150 % block days like ever? reeks of. theft imo.



I tried to join your discord a few times to get the pool address but the link expired
i sent you a new link, doing pretty good today 4 blocks

https://discord.gg/BKke54

thats a new link, btw I a am bringing down the server for a few hours to add another coin we will instamine for a day or so , ill post coin info in discord
legendary
Activity: 1848
Merit: 1166
My AR-15 ID's itself as a toaster. Want breakfast?
I wonder if these registers could be used with wallet addresses, locally generated OTP from a hardware based device (like a yubikey), and a token from the pool such that a new token was generated that is time or share count limited (i.e.: valid for a specific amount of time OR a fixed number shares)? When submitting a share, the miner would need to pass the share's hash plus the token through the register, and then submit that hash to the pool.

If the share submitted in that way exceeds either the time-limit or share count limit of the token, then the share is rejected.

When the time or share count of the current token is reached it triggers a "renegotiation" to obtain a new token. The new token would have potentially new limits that have been adjusted to the performance characteristics of the mining hardware.


This right here is pure gold.... but would drop the level of trust onto a singular entity (person holding the real private keys for said auth device).... so at some degree;  the creator of the coin/algo would need to have a hardware device created, as to serve as this token validator/creator/holder.

How do you control the amount of devices at play and assure they are properly distributed in such a manner?   This part is kinda tough to tackle.

Maybe if that hardware device was a trio of servers that reach a consensus and communicate with the "man in the middle" app or hardware device to implement a time value and tokens for proper results... but if this is the case... imagine the traffic you would have to manage to those servers...

To limit things further;  internet IP could play a BIG role in the submittal of hashes as well.   Only allow so many hashes to be obtained from a singular internet IP...   so proxy services, VPN services, large pools, etc... would all not be a usable endpoint to hide your true location and more-so "who you really are".    This could help filter things down to a manageable and realistic decentralization of mining on the network as well.


Good idea though, Ill try to add it to my concept idea.   Its still bubbles on a piece of paper... and very rudimentary... but it is in process.... and once I get it outlined, then its time to work on the actual details of each part of the algo/coin that works in this manner.
hero member
Activity: 906
Merit: 507
lets talk about pool diffculity

I found that the pool on var diff sets diff at around 8-120 for my 8 card rigs , but i have noticed that some lower hash rate miners
say 40mhs to my 120 mhs  are getting double the amount of shares !

snip

so should i be setting the diff for that 100mhs rig way lower like 50 or something?  


its such a crapshoot though;  if block times roll by quickly;  sometimes some machines get more of a chance to get a submission in over others....

Ping time, and latency... oah latency can be a thorn.  Working from cellular connections:  I feel the pain.  Lots of long term tests for finding appropriate difficulties to run when I get high packet loss regularly is a tough thing to swallow.

Some algos act funny such as when mining xevan, I was able to set one rig at half the difficulty and still get the same server side hashrate of a rig twice as powerful.. seemingly about half of the time.   now, they were weak rigs compared to the "industry", but they taught me that luck is an ever changing and un-predictable factor....  scaling up, just exacerbates the readings during the short-term blocks.   Coins with long term blocks/hashes are a different story.


And, good job on the pool Marvell2.  I myself have yet to get a yiimp code properly configured to interface with a coin daemon....  hats off Wink

Glad the no-ip DNS name helps;  its been a life saver for me, and has helped me recover a laptop in the past as well.   I suggest it to everyone here wanting a nice free customize-able DNS name for their dynamic IP device(s).... all you need from there is to open up some external ports on your router for .  Sorry for skewing the topic further on the tangent.

Back on topic:

Eff Bitmain  Grin

@JaredKaragan glad you like the pool, I was glad for your dns help too , its a basic yiimp install, the harder part is getting other coins and wallets
we want to instamine, proton,pigeon, reden and moon.

i had a server working with all those coins last week but i mesed something up had to start over.
in one day i think we mined 20 blocks of reden lol, I can’t wait to try again this weekend

i think us gpu guys neen more small easy projects like this to maximize our earnings
theres so many factors against us we cant have pools skimming too.  I havw no issues with a low 1% fee but then to not ever pay those 130% and 150 % block days like ever? reeks of. theft imo.



I tried to join your discord a few times to get the pool address but the link expired
sr. member
Activity: 475
Merit: 265
Ooh La La, C'est Zoom!
for "asic" resistance,

I have been toying with the idea of being able to use some of the undocumented registers in the processors that date back to the early 90's, and were present in everything from intel to cyrix processors...

Some of them have finally had documentation in past years revealed, to which they were encryption functions (AES?) built-into the die.   My guess would most likely be government in origin.   I would not be surprised that if one of them is for decoding GPS encryption (military accuracy).  You can load the memory with your data, call the register, then read out the change and use for your algo.

Now;  the downside is they were created, so they were documented somewhere... which gives an insiders edge.


But requiring the mining device to basically have a complex PC built in (remember, x86, not ARM, etc)... it would kill the product cost of an ASIC to be able to hash more advanced functions like this.

Using the timer and clock of the x86 CPU, as a part of the algo running outside the x86 CPU   (see where this is going?)  You can now add a fixed time clock based on overall ticks or based on increments of ticks and memory values, etc. to the algo.    

Ive been trying to find a reasonable way to lock time to the mining algo in a way that you can't simply implement a fixed or known time variable.   It would need to have something to do with the network, such as how many TX in mempool, size of mempool, time since last block(s), last valid high (but not 100%) value share to the network, a consensus reply from the network, etc etc etc.   You could build in better block controls that will take out the randomness of nethash spikes, nethash decreases, etc.  Built in countermeasures that aren't related on the speed of a calculation are key to leveling the playing field.

Make it reward effort, not greed.


I wonder if these registers could be used with wallet addresses, locally generated OTP from a hardware based device (like a yubikey), and a token from the pool such that a new token was generated that is time or share count limited (i.e.: valid for a specific amount of time OR a fixed number shares)? When submitting a share, the miner would need to pass the share's hash plus the token through the register, and then submit that hash to the pool.

If the share submitted in that way exceeds either the time-limit or share count limit of the token, then the share is rejected.

When the time or share count of the current token is reached it triggers a "renegotiation" to obtain a new token. The new token would have potentially new limits that have been adjusted to the performance characteristics of the mining hardware.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I have been busy with buysolar we have a few solar projects in the works.

a 6 acre piece of land to develop ----- small chance has issues for permits

a 73 acre piece of land to develop ---- small chance as it is a bigger complex project with at least 5 people involved not sure if we can figure out the how to split coins etc.

a small 1000-1500 watt setup to sell --- this is at least going to have a prototype built  the idea here is to allow anyone with some land to do an off grid without a permit  with or without battery.

without battery is cheaper to setup but only runs in daylight

with battery is more costly to setup but we may offer it as an option.

grid tie in is costly and needs permits.

In any case  we would offer it with an L3+ or 2 L3+  simply due to the easy down clock .

phil - if one of your business plans is to provide l3+ hosted services, keep me in mind.

If we ever get the  73 acre piece developed  I think we would take in older miners.

We may just do day light mining.  4 to 7 hours per day.  as long as daylight is strong enough.

this could be viable for any working gear that does not make money mining.

take an L3+  it earns  about $2.50 a day   and uses about 700 watts on a volt saver setting  so 700 x 24 = 17 kwatts a day  so if you pay 14 cents =   2.38 you make 12

cents.

Send it to us  we split coins mined ,  it would be daylight mining  so 5/24 = 0.20833 x $2.50  =  52 cents to split or 26 cents each

Just not sure if we get it developed.

Any gear close to break even would turn a profit.
full member
Activity: 284
Merit: 102
WTC Update.

7x 1080TI

2 days ago: 0 blocks
1 day ago:  3 blocks

today so far 1 block.

full member
Activity: 284
Merit: 102
I have been busy with buysolar we have a few solar projects in the works.

a 6 acre piece of land to develop ----- small chance has issues for permits

a 73 acre piece of land to develop ---- small chance as it is a bigger complex project with at least 5 people involved not sure if we can figure out the how to split coins etc.

a small 1000-1500 watt setup to sell --- this is at least going to have a prototype built  the idea here is to allow anyone with some land to do an off grid without a permit  with or without battery.

without battery is cheaper to setup but only runs in daylight

with battery is more costly to setup but we may offer it as an option.

grid tie in is costly and needs permits.

In any case  we would offer it with an L3+ or 2 L3+  simply due to the easy down clock .

phil - if one of your business plans is to provide l3+ hosted services, keep me in mind.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I have been busy with buysolar we have a few solar projects in the works.

a 6 acre piece of land to develop ----- small chance has issues for permits

a 73 acre piece of land to develop ---- small chance as it is a bigger complex project with at least 5 people involved not sure if we can figure out the how to split coins etc.

a small 1000-1500 watt setup to sell --- this is at least going to have a prototype built  the idea here is to allow anyone with some land to do an off grid without a permit  with or without battery.

without battery is cheaper to setup but only runs in daylight

with battery is more costly to setup but we may offer it as an option.

grid tie in is costly and needs permits.

In any case  we would offer it with an L3+ or 2 L3+  simply due to the easy down clock .
full member
Activity: 284
Merit: 102
I have been mining WTC / WTCT  for the last week. It’s a very unique coin to mine. You essentially solo mine. I am averaging one block a day. The cards I am throwing at it are 6x 1080 ti.

Quick math that comes to $5 per day per 1080 ti.

The cards run very cool and quiet. I don’t have numbers but power usage has to be very very low.

To my knowledge this is a Windows only mineable coin at this time. Requires a beefy CPU as well.

Any links?

I have a AMD Ryzen 1800x build I could use it with a 1080ti

phil - i did send you a PM.

Thank you got busy will read and answer today.

Here's some info, I read 2 days ago:

https://jkcforum.com/t/waltonchain-wtc-wtct-mining-info-thread/742

EDIT: I'm also looking into mining Bytom:

https://bitcointalksearch.org/topic/m.39161826


Yes JKC is where i found the pool op.  Most of the knowledge transfer is done on telegram.
jr. member
Activity: 85
Merit: 6
I have been mining WTC / WTCT  for the last week. It’s a very unique coin to mine. You essentially solo mine. I am averaging one block a day. The cards I am throwing at it are 6x 1080 ti.

Quick math that comes to $5 per day per 1080 ti.

The cards run very cool and quiet. I don’t have numbers but power usage has to be very very low.

To my knowledge this is a Windows only mineable coin at this time. Requires a beefy CPU as well.

Any links?

I have a AMD Ryzen 1800x build I could use it with a 1080ti

phil - i did send you a PM.

Thank you got busy will read and answer today.

Here's some info, I read 2 days ago:

https://jkcforum.com/t/waltonchain-wtc-wtct-mining-info-thread/742

EDIT: I'm also looking into mining Bytom:

https://bitcointalksearch.org/topic/m.39161826
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I have been mining WTC / WTCT  for the last week. It’s a very unique coin to mine. You essentially solo mine. I am averaging one block a day. The cards I am throwing at it are 6x 1080 ti.

Quick math that comes to $5 per day per 1080 ti.

The cards run very cool and quiet. I don’t have numbers but power usage has to be very very low.

To my knowledge this is a Windows only mineable coin at this time. Requires a beefy CPU as well.

Any links?

I have a AMD Ryzen 1800x build I could use it with a 1080ti

phil - i did send you a PM.

Thank you got busy will read and answer today.
full member
Activity: 284
Merit: 102
I have been mining WTC / WTCT  for the last week. It’s a very unique coin to mine. You essentially solo mine. I am averaging one block a day. The cards I am throwing at it are 6x 1080 ti.

Quick math that comes to $5 per day per 1080 ti.

The cards run very cool and quiet. I don’t have numbers but power usage has to be very very low.

To my knowledge this is a Windows only mineable coin at this time. Requires a beefy CPU as well.

Any links?

I have a AMD Ryzen 1800x build I could use it with a 1080ti

phil - i did send you a PM.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Have any of you guys tried the Biostar TB250-BTC D+ motherboard?  I was wondering how it compared to the other 8 GPU riser free motherboards on the market. $175 shipped from the USA id pretty good to.

https://www.deepinthemines.com/collections/biostar-motherboards/products/biostar-tb250-btc-d-1

Looks like one I have running right now.

Cards are tight but it is a great evga hybrid mining board.
sr. member
Activity: 1246
Merit: 274
Have any of you guys tried the Biostar TB250-BTC D+ motherboard?  I was wondering how it compared to the other 8 GPU riser free motherboards on the market. $175 shipped from the USA id pretty good to.

https://www.deepinthemines.com/collections/biostar-motherboards/products/biostar-tb250-btc-d-1
legendary
Activity: 1848
Merit: 1166
My AR-15 ID's itself as a toaster. Want breakfast?
for "asic" resistance,

I have been toying with the idea of being able to use some of the undocumented registers in the processors that date back to the early 90's, and were present in everything from intel to cyrix processors...

Some of them have finally had documentation in past years revealed, to which they were encryption functions (AES?) built-into the die.   My guess would most likely be government in origin.   I would not be surprised that if one of them is for decoding GPS encryption (military accuracy).  You can load the memory with your data, call the register, then read out the change and use for your algo.

Now;  the downside is they were created, so they were documented somewhere... which gives an insiders edge.


But requiring the mining device to basically have a complex PC built in (remember, x86, not ARM, etc)... it would kill the product cost of an ASIC to be able to hash more advanced functions like this.

Using the timer and clock of the x86 CPU, as a part of the algo running outside the x86 CPU   (see where this is going?)  You can now add a fixed time clock based on overall ticks or based on increments of ticks and memory values, etc. to the algo.    

Ive been trying to find a reasonable way to lock time to the mining algo in a way that you can't simply implement a fixed or known time variable.   It would need to have something to do with the network, such as how many TX in mempool, size of mempool, time since last block(s), last valid high (but not 100%) value share to the network, a consensus reply from the network, etc etc etc.   You could build in better block controls that will take out the randomness of nethash spikes, nethash decreases, etc.  Built in countermeasures that aren't related on the speed of a calculation are key to leveling the playing field.

Make it reward effort, not greed.
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