[ANN] cudaMiner & ccMiner CUDA based mining applications [Windows/Linux/MacOSX] - page 336.

leofur

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Quote from: myagui on June 17, 2014, 05:51:52 AM

Most people don't seem to grasp the importance of 'open source' to this economy. Open source attracts a lot more people to any project, it creates an inclusive community (as opposed to an exclusionary one), and establishes long term growth. Would Bitcoin have ever been worth *anything* if most of it's mining remained concentrated on a couple of 'closed source' projects?

Note: I've nothing against closed source, and certainly nothing against Christian making huge profits Grin

, but I remain confident that Christian and the community at large, will continue to drive cuda mining forward in an open fashion.

To the earlier poster that asked about XMR/BBR mining profitability: I should have added that I'm still mining XMR myself, even if it would barely pay for the electricity. I have strong convictions to XMR's long term value, so I'll continue to mine & hold.

~ Myagui

Of course open source is much better, but what we got here is Christian's source instead. C&c are the only developers of ccminer, if it was a community effort, it was a different story. But as long as he got better code that he keeps for himself, what btw he's totally entitled to do and I have nothing against it, its not really the open source community you're talking about.

@bigjme of course it would require much more work and funding from his side, but will also make it more profitable, imo.

bigjme

sr. member

Activity: 350

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the great thing with open source is very obvious lately, something isnt in or can be improved then you can do it.
we had someone build ccminer for compute 2 cards, we had a mod to add in x13. I personally edit every version of ccminer that i run

myagui

legendary

Activity: 1154

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Most people don't seem to grasp the importance of 'open source' to this economy. Open source attracts a lot more people to any project, it creates an inclusive community (as opposed to an exclusionary one), and establishes long term growth. Would Bitcoin have ever been worth *anything* if most of it's mining remained concentrated on a couple of 'closed source' projects?

Note: I've nothing against closed source, and certainly nothing against Christian making huge profits Grin

, but I remain confident that Christian and the community at large, will continue to drive cuda mining forward in an open fashion.

To the earlier poster that asked about XMR/BBR mining profitability: I should have added that I'm still mining XMR myself, even if it would barely pay for the electricity. I have strong convictions to XMR's long term value, so I'll continue to mine & hold.

~ Myagui

bigjme

sr. member

Activity: 350

Merit: 250

Again the issue is why should be pay out on equipment and deal with the hassle of setting up a pool.
The pool goes down and he has to deal with everyone complaining

you couldnt limit it to nvidia either, amd miners would just bluff it, so it wouldn't be worth it

leofur

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Activity: 117

Merit: 10

Quote from: NeuroticFish on June 17, 2014, 05:25:34 AM

Quote from: leofur on June 17, 2014, 05:02:43 AM

How profitable is to mine monero and bbr? Will it cover servers expenses?
I can totally understand Christian for not sharing his code, as long as he makes shitloads of money. But I think a dedicated cuda pool, with auto switching mechanism that will support only a binary released by Christian. He can even charge a 15% fee, as long as the pool more profitable than the free alternative, he can charge even 15% fee. This way I think it would be more profitable than keeping the code for himself.
Just to make it clear, I really appreciate open source software in general, and christian for sharing his awesome work with us all.

And what would be the point for Christian?
This would mean more work, more investment in hardware to get more coins, which will actually worth less.

Also, did you follow XMR threads? DDoS attacks all over the place? It's not easy to maintain a pool.

It gives him scalability, I don't know how much hardware he owns, but mining himself with 10 GPUs, or having 15% of 1000 GPUs, I think the seconed option is more profitable.
Let's take the x11 for example. We had 2.2 mhash ccminer, christian had a 2.7 mhash ccminer. If he had 10 750tis, he had 27 mhash overall. If we all were mining on his pool with 1000 GPUs, he would own 4ghash. The better miner would make the coin 20% less profitable which brings him to about 3ghash. Still more profitable. You, as a user could keep mining with the 2.2 version, and not paying the higher fee, but as long enough of cuda miners would move to this pool, others won't have any option cause it would make it less profitable for them to mine on their own.

NeuroticFish

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Quote from: leofur on June 17, 2014, 05:02:43 AM

How profitable is to mine monero and bbr? Will it cover servers expenses?
I can totally understand Christian for not sharing his code, as long as he makes shitloads of money. But I think a dedicated cuda pool, with auto switching mechanism that will support only a binary released by Christian. He can even charge a 15% fee, as long as the pool more profitable than the free alternative, he can charge even 15% fee. This way I think it would be more profitable than keeping the code for himself.
Just to make it clear, I really appreciate open source software in general, and christian for sharing his awesome work with us all.

And what would be the point for Christian?
This would mean more work, more investment in hardware to get more coins, which will actually worth less.

Also, did you follow XMR threads? DDoS attacks all over the place? It's not easy to maintain a pool.

leofur

member

Activity: 117

Merit: 10

Quote from: myagui on June 17, 2014, 05:13:30 AM

Quote from: leofur on June 17, 2014, 05:02:43 AM

How profitable is to mine monero and bbr? Will it cover servers expenses?

Generally speaking, it's not profitable, if you're paying "average" price for server renting and have the regular miners that are floating about. It takes scale of numbers (and/or cheap AWS spot instances), and further optimized miners to really make profit. I mined a few Monero early on, so those would turn out a decent profit if I sold today (though I'll be holding anyways). With the current diff, it barely pays for the electricity.

Cheers,
~ Myagui

Thanks!

myagui

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Activity: 1154

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Quote from: leofur on June 17, 2014, 05:02:43 AM

How profitable is to mine monero and bbr? Will it cover servers expenses?

Generally speaking, it's not profitable, if you're paying "average" price for server renting and have the regular miners that are floating about. It takes scale of numbers (and/or cheap AWS spot instances), and further optimized miners to really make profit. I mined a few Monero early on, so those would turn out a decent profit if I sold today (though I'll be holding anyways). With the current diff, it barely pays for the electricity.

Cheers,
~ Myagui

leofur

member

Activity: 117

Merit: 10

How profitable is to mine monero and bbr? Will it cover servers expenses?
I can totally understand Christian for not sharing his code, as long as he makes shitloads of money. But I think a dedicated cuda pool, with auto switching mechanism that will support only a binary released by Christian. He can even charge a 15% fee, as long as the pool more profitable than the free alternative, he can charge even 15% fee. This way I think it would be more profitable than keeping the code for himself.
Just to make it clear, I really appreciate open source software in general, and christian for sharing his awesome work with us all.

bigjme

sr. member

Activity: 350

Merit: 250

im not interested in a miner for it atall just to clarify.
The second one is out the coin will do the same as others.

Amph

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Quote from: NeuroticFish on June 17, 2014, 04:38:13 AM

Quote from: bigjme on June 17, 2014, 04:33:27 AM

now we just need a miner :p
do we even need to ask how much your earning on it? or would we all smash our rigs in envy?

No good GPU miner means higher prices. So.. I prefer Christian just keeps his earnings and well done to him.
If I would be as good as he is, I'd do exactly what he did. Would *you* share? I doubt that.

but we only want to know how much he earn, at least in my case i didn't ask for the miner

bigjme

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if i could trust my xeon not to commit suicide i would mine it.
i happend to land on one that has bad TIM on the die so it gets very hot even watercooled Sad

NeuroticFish

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Quote from: bigjme on June 17, 2014, 04:41:39 AM

ooo i know he shouldn't but im bored at work Cool

LMAO

bigjme

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ooo i know he shouldn't but im bored at work Cool

NeuroticFish

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Quote from: bigjme on June 17, 2014, 04:33:27 AM

now we just need a miner :p
do we even need to ask how much your earning on it? or would we all smash our rigs in envy?

No good GPU miner means higher prices. So.. I prefer Christian just keeps his earnings and well done to him.
If I would be as good as he is, I'd do exactly what he did. Would *you* share? I doubt that.

NeuroticFish

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Quote from: cbuchner1 on June 17, 2014, 04:29:31 AM

XMR is currently challenging DRK. I think if the GUI wallet issue gets sorted out it might be able to challenge LTC even. Cryptonote coins are here to stay (well, except MountCoin, HorizonCoin, OrionCoin, duh. you can't fix an incompetent dev...)

Thank you.
I don't know about the GUI wallet issue, I use the official command line one, but there is indeed a need of VERY good CN wallets soon, the exchanges need that.

bigjme

sr. member

Activity: 350

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now we just need a miner :p
do we even need to ask how much your earning on it? or would we all smash our rigs in envy?

cbuchner1

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Activity: 756

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Quote from: NeuroticFish on June 17, 2014, 04:13:51 AM

Quote from: 0000000000 on June 17, 2014, 04:09:40 AM

Aside from the profitability of you mining the coin, do you like BBR? I bought a bit earlier.

Same question for XMR too Wink

Do you think it has some future?

XMR is currently challenging DRK. I think if the GUI wallet issue gets sorted out it might be able to challenge LTC even. Cryptonote coins are here to stay (well, except MountCoin, HorizonCoin, OrionCoin, duh. you can't fix an incompetent dev...)

0000000000

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Quote from: cbuchner1 on June 17, 2014, 04:15:08 AM

Quote from: 0000000000 on June 17, 2014, 04:09:40 AM

Quote from: cbuchner1 on June 17, 2014, 04:02:22 AM

Quote from: bigjme on June 17, 2014, 01:47:32 AM

Dont talk profit! You will draw attention to it, shhhhh Lips sealed

* cbuchner1 looks at the BBR price development and smiles. profit MAAAAAAAAAAAAAAAAARGIN.

Aside from the profitability of you mining the coin, do you like BBR? I bought a bit earlier.

Apart from the lack of a Windows Installer and a mature GUI wallet this coin is quite nice.
I am sure we will see better CryptoNote wallets later this year. BBR seems to be leading
the charge.

A speciality of this coin is the blockchain-derived scratchpad as input to the hash function.
The need for a scratchpad to be exchanged between the pool and the miner makes mining
protocols (JSON via HTTP and stratum) a bit iffy, especially with the scratchpad growing
by 100 MB each year.

So far I had no problems with cryptonote based transactions from and to exchanges.

Christian

ty

cbuchner1

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Activity: 756

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Quote from: 0000000000 on June 17, 2014, 04:09:40 AM

Quote from: cbuchner1 on June 17, 2014, 04:02:22 AM

Quote from: bigjme on June 17, 2014, 01:47:32 AM

Dont talk profit! You will draw attention to it, shhhhh Lips sealed

* cbuchner1 looks at the BBR price development and smiles. profit MAAAAAAAAAAAAAAAAARGIN.

Aside from the profitability of you mining the coin, do you like BBR? I bought a bit earlier.

Apart from the lack of a Windows Installer and a mature GUI wallet this coin is quite nice.
I am sure we will see better CryptoNote wallets later this year. BBR seems to be leading
the charge.

A speciality of this coin is the blockchain-derived scratchpad as input to the hash function.
The need for a scratchpad to be exchanged between the pool and the miner makes mining
protocols (JSON via HTTP and stratum) a bit iffy, especially with the scratchpad growing
by 100 MB each year.

So far I had no problems with cryptonote based transactions from and to exchanges.

Christian

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