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Topic: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes - page 120. (Read 810098 times)

legendary
Activity: 1456
Merit: 1000
-snip-
I'd release the working bins for probably around 2 BTC - which is about what I'd make off it in the next 31 days.

actually, I wasn't referring to you releasing the miner.

I've been thinking of firing up my miners which have been quiet for a while  Wink
legendary
Activity: 1456
Merit: 1000

-snip-


Quote
Simply because they aren't as good at it - there's always a way to make it faster.

There comes a point where the marginal improvements don't make a difference.

Quote
Because building a fee into the miner is risky and a giant pain in the ass. As for why I don't just sell it as-is, once a lot of people have it, they will share it for free.

Understandable. But that's partly laziness, as you've said. There are ways to make licencing work.

Quite true - but reimplementing stratum and all that bullshit is dead boring - and then on top, there's always the risk of reverse engineering, like what happened to girino.

Right. That's the end of that road. How much for the miner?
legendary
Activity: 1456
Merit: 1000

-snip-


Quote
Simply because they aren't as good at it - there's always a way to make it faster.

There comes a point where the marginal improvements don't make a difference.

Quote
Because building a fee into the miner is risky and a giant pain in the ass. As for why I don't just sell it as-is, once a lot of people have it, they will share it for free.

Understandable. But that's partly laziness, as you've said. There are ways to make licencing work.
sr. member
Activity: 406
Merit: 250
-snip-
Optimized mining isn't an issue as long as there are multiple private devs with it.

Also, goddamn it, I can get an extra MH/s out of 290X, but it's not working. HW errors.

Didn't the spread dev develop optimized miners? why not just issue an optimized miner, that miner optimzers can't meaningfully compete with?

Or,

Why don't you just sell your miner to anyone that wants it? It can become the default miner.  That would make more sense to me. Fill your boots with all the customer orders, and repeat orders for annual renewals.

It would even help the price if you had to purchase the miner with SPR. Say 500 SPR for an optimized miner?
legendary
Activity: 1456
Merit: 1000
-snip-
Optimized mining isn't an issue as long as there are multiple private devs with it.

Also, goddamn it, I can get an extra MH/s out of 290X, but it's not working. HW errors.

Didn't the spread dev develop optimized miners? why not just issue an optimized miner, that miner optimzers can't meaningfully compete with?

Or,

Why don't you just sell your miner to anyone that wants it? It can become the default miner.  That would make more sense to me. Fill your boots with all the customer orders, and repeat orders for annual renewals.
legendary
Activity: 1624
Merit: 1001
All cryptos are FIAT digital currency. Do not use.
After seeing just how much wolf0 was able to optimize the CPU I realized just how much a few miners with properly optimized code could dominate.  And if I was:
1.  Someone who only care about definite profit, I could get such a miner and dump for more than it costs me to mine.
2.  If I was a competing coin, I could keep the price of the coin deflated.

I think whoever can "steal" electricity (i.e.: free electricity) can do more damage than optimized miner. Every Sat is profit.

Not if the unadulterated miner is several, likely dozens of times more efficient.

While people have the ability to do these things, it does go against the grain. Avoiding pools on the one hand, having optimized miners take advantage of the solo miners on the other.

Why is this only a problem for SPR?

Couldn't I optimize my mining software to mine DRK more efficiently, then take my new miner to a pool and mine DRK?

It isn't.

Look around. We have a deoptimized shitalgo epidemic on our hands.

legendary
Activity: 1456
Merit: 1000
After seeing just how much wolf0 was able to optimize the CPU I realized just how much a few miners with properly optimized code could dominate.  And if I was:
1.  Someone who only care about definite profit, I could get such a miner and dump for more than it costs me to mine.
2.  If I was a competing coin, I could keep the price of the coin deflated.

I think whoever can "steal" electricity (i.e.: free electricity) can do more damage than optimized miner. Every Sat is profit.

Not if the unadulterated miner is several, likely dozens of times more efficient.

While people have the ability to do these things, it does go against the grain. Avoiding pools on the one hand, having optimized miners take advantage of the solo miners on the other.

Why is this only a problem for SPR?

Couldn't I optimize my mining software to mine DRK more efficiently, then take my new miner to a pool and mine DRK?

Yes. 100%.

But, what's the point of having a USP of solo mining, when there is the ability to optimize the miner and create centralization by other means?

Centralization doesn't just mean control by pools. The notion of mining as Satoshi had intended was raised early on. Well Satoshi also asked for mining through consensus of a gentleman's agreement to play fair.

The average total coins generated across the network per day stays the same.  Faster machines just get a larger share than slower machines.  If everyone bought faster machines, they wouldn't get more coins than before.

We should have a gentleman's agreement to postpone the GPU arms race as long as we can for the good of the network.  It's much easer to get new users up to speed if they don't have to worry about GPU drivers and compatibility. It's nice how anyone with just a CPU can compete fairly equally right now.

I have no issue with anyone using their skills to make what they can. I have no issue with anyone gloating that they used their skills to earn a profit.

But you can't promote fair solo mining, when mining is, in reality, anything but fair.

A solution to both pools and optimized mining should be proposed.  Otherwise, its a nil sum game over mining with pools.
legendary
Activity: 1540
Merit: 1001
Crypto since 2014

Darkcoin sees SPR on the street.... Who's having all the fun?


I'm trying to figure out if the guy is driving or the girl is walking backwards. Smiley

Easy, look at the mirror image in the window...
Kiss You are a smart person, my friend.


I have 0.46 btc, at what price should I buy SPR?

Maybe someone can give me a little discount...
legendary
Activity: 1484
Merit: 1007
spreadcoin.info

Darkcoin sees SPR on the street.... Who's having all the fun?


I'm trying to figure out if the guy is driving or the girl is walking backwards. Smiley

Easy, look at the mirror image in the window...
legendary
Activity: 1540
Merit: 1001
Crypto since 2014

Darkcoin sees SPR on the street.... Who's having all the fun?


I'm trying to figure out if the guy is driving or the girl is walking backwards. Smiley
hero member
Activity: 938
Merit: 1000
@halofirebtc

Darkcoin sees SPR on the street.... Who's having all the fun?

legendary
Activity: 1092
Merit: 1000
After seeing just how much wolf0 was able to optimize the CPU I realized just how much a few miners with properly optimized code could dominate.  And if I was:
1.  Someone who only care about definite profit, I could get such a miner and dump for more than it costs me to mine.
2.  If I was a competing coin, I could keep the price of the coin deflated.

I think whoever can "steal" electricity (i.e.: free electricity) can do more damage than optimized miner. Every Sat is profit.

Not if the unadulterated miner is several, likely dozens of times more efficient.

While people have the ability to do these things, it does go against the grain. Avoiding pools on the one hand, having optimized miners take advantage of the solo miners on the other.

Why is this only a problem for SPR?

Couldn't I optimize my mining software to mine DRK more efficiently, then take my new miner to a pool and mine DRK?
legendary
Activity: 1484
Merit: 1007
spreadcoin.info
We are approaching the election of the 1440 necessairy MNs...

We are almost there.

Please come join us and help us on test net.

You can find all info here:

http://spreadcointalk.org/index.php?topic=93.0




legendary
Activity: 1484
Merit: 1007
spreadcoin.info
-snip-
You can't. But the other 99.999% of the general public can. Shocked

I know this is crypto, but don't be cryptic. Explain.

LOL, quote of the year!
legendary
Activity: 1456
Merit: 1000
-snip-
You can't. But the other 99.999% of the general public can. Shocked

I know this is crypto, but don't be cryptic. Explain.
legendary
Activity: 1624
Merit: 1001
All cryptos are FIAT digital currency. Do not use.
After seeing just how much wolf0 was able to optimize the CPU I realized just how much a few miners with properly optimized code could dominate.  And if I was:
1.  Someone who only care about definite profit, I could get such a miner and dump for more than it costs me to mine.
2.  If I was a competing coin, I could keep the price of the coin deflated.

I think whoever can "steal" electricity (i.e.: free electricity) can do more damage than optimized miner. Every Sat is profit.

Not if the unadulterated miner is several, likely dozens of times more efficient.

Who wants to own up to how much more optimized the optimized miner is?

While people have the ability to do these things, it does go against the grain. Avoiding pools on the one hand, having optimized miners take advantage of the solo miners on the other.

That could be a nil sum gain to the intended outcome behind one of the central objectives of this project.

Yeah, yeah, yeah. Fud. Fud. Fud. Troll. Troll. Troll. We're going back to the self-moderated thread. La la la. I can't hear you.

You can't. But the other 99.999% of the general public can. Shocked
legendary
Activity: 1456
Merit: 1000
After seeing just how much wolf0 was able to optimize the CPU I realized just how much a few miners with properly optimized code could dominate.  And if I was:
1.  Someone who only care about definite profit, I could get such a miner and dump for more than it costs me to mine.
2.  If I was a competing coin, I could keep the price of the coin deflated.

I think whoever can "steal" electricity (i.e.: free electricity) can do more damage than optimized miner. Every Sat is profit.

Not if the unadulterated miner is several, likely dozens of times more efficient.

Who wants to own up to how much more optimized the optimized miner is?

While people have the ability to do these things, it does go against the grain. Avoiding pools on the one hand, having optimized miners take advantage of the solo miners on the other.

That could be a nil sum gain to the intended outcome behind one of the central objectives of this project.

Yeah, yeah, yeah. Fud. Fud. Fud. Troll. Troll. Troll. We're going back to the self-moderated thread. La la la. I can't hear you.
legendary
Activity: 1624
Merit: 1001
All cryptos are FIAT digital currency. Do not use.
After seeing just how much wolf0 was able to optimize the CPU I realized just how much a few miners with properly optimized code could dominate.  And if I was:
1.  Someone who only care about definite profit, I could get such a miner and dump for more than it costs me to mine.
2.  If I was a competing coin, I could keep the price of the coin deflated.

I think whoever can "steal" electricity (i.e.: free electricity) can do more damage than optimized miner. Every Sat is profit.

Not if the unadulterated miner is several, likely dozens of times more efficient.
legendary
Activity: 1554
Merit: 1001
This thread is again becoming off topic with trolls that are spreading their non existent issues just to FUD the price down... Congratulations I must say because this is the best time to stock back up or get in on SPR, this is as cheap as it's gonna get !
newbie
Activity: 30
Merit: 0

3. BINGO on #1. Wink
4. Markets are easily manipulated when the dev owns more than 5% of the coins.

They set their bots to buy/sell into their orders, inducing panic buys and sells at will. And all it takes is one panicing noob to make back the 0.25% exhange fees.

Did you forget about this enlightening revelation ?

Or did you purposely ignore my response after realizing that you have said too much ? lol


Pig, why are you avoiding my question ?  Huh It has been 5 days since i've asked you: What have you exposed here ?  Grin
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