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Topic: [ANN][MAX] MAXcoin - PoW, ASIC Resistance, Keccak GPU Mining - page 511. (Read 914323 times)

Hix
legendary
Activity: 1971
Merit: 1036
gpu miner = bad idea.
cpu only  = good idea
+100
CPU ONLY first month
member
Activity: 98
Merit: 10
Make for GPU aswell, far more safe!
member
Activity: 98
Merit: 10
I highly suggest mining with Digitalocean, for those who have no other choice!

Gl;hf everyone!
legendary
Activity: 1946
Merit: 1005
My mule don't like people laughing
Came back here to see whats going on. So whats this about GPU poll? lol.

Any coin that can be mined on a CPU can be mined on a GPU, well maybe the exception is primecoin and its clones. Its just not worth it to make one for most CPU coins, but this coin. Well, I see this one taking off since Max is pumping it. So expect a GPU miner to appear within a week or so. The best thing for this coin is to have that GPU miner open source and freely distributed.

legendary
Activity: 966
Merit: 1052
There are already multiple SHA-3 GPU miners for the Sha-3 currencies that were released.

They don't have any choice of CPU only(unless they somehow modify the algorithm).
legendary
Activity: 1092
Merit: 1000
I second that.. GPU is far more safe
legendary
Activity: 1311
Merit: 1000
gpu miner = bad idea.
cpu only  = good idea

gpu miner = secure network
cpu only = botnet control

Seriously, the CPU supporters are either quite ignorant or botnet ops.
sr. member
Activity: 441
Merit: 250
gpu miner = bad idea.
cpu only  = good idea
member
Activity: 66
Merit: 10
Seriously keep out GPU mining, huge GPU farms are ready to mine this coin, it's not fair at all.

Can you imagine all the dogecoin crowd switching to maxcoin?! I am really not sure what it more f***d up: botnet or gpu farm.

I voted CPU only here: http://www.easypolls.net/poll.html?p=52f02bf8e4b0aa0bc59f064e
member
Activity: 70
Merit: 10
█ Scrooge D Silver █
Quote
MaxCoin ‏@maxcoinproject

Okay. Let's take a vote. http://www.easypolls.net/poll.html?p=52f02bf8e4b0aa0bc59f064e

Of course more people will vote for CPU as they don't have any GPUs or aren't aware of the botfarms.
Still 39% voted for the GPU at the launch. That should make you think.
member
Activity: 70
Merit: 10
A Basic example for you.  Think of a rng generator.  It has to pick a number from 0-99 and needs to pic the number 0.  Think of that as the way a block is generated ( OK I KNOW ITS NOT BEFORE PEOPLE SLAM IT…its an example.  )

Now think about 2 cpu's running a loop

int result = 100;
while( result > 0 )
    result = random(100);

That loop will continue until result = 0;  Not going to calculate exact clock cycles of that loop or how fast either cpu could execute it but lets say hypothetically that the 4.3 ghz cpu could loop it 4.3 times faster than the 1ghz cpu.  It means it has 4.3 times the chance of hitting 0 before the 1ghz.  Ok randomness gives both cpu's a chance but the 4.3 ghz has more of a chance.

So this is basically my lottery example and you are agreeing with me.  Huh


Now consider 2 1ghz cpu;s running that loop.  They are both running it at same speed but the odd's of them hitting it before the 4.3 is only slightly more.  They are still running at 1ghz though.  They are not running twice as fast because there are 2 of them they are both running at the slower speed.

What?

Some time ago I had to write a test harness to test some data and speeds.  I suggest you do the same.  create a little app.  Create 6 threads.  Run 1 thread 4.3 times the speed of the other 5.  Write a number generator that uses at least 1000 clock cycles ( a sha-3 algorithm will probably use more than that ).  Run it for an hour and log how many times each threads come to the correct result.

We could discuss this for hours but until you actually see the figures there is no point discussing it any more.

If you do it then come back and show me your results Smiley

It is a lottery in a way and Chaos predicts anything could happen  but when it comes down to practise the numbers speak for themselves.

How do you make a thread 4.3 times faster than others? I might try that experiment.

There is no exact way to do it but the way I would do it to get roughly an emulation is to thread.sleep( 100 ) on fast thread and thread.sleep( 430 ) on others.  Like I say this is not that close but it is close enough.

Also remember that when one of the threads finds the result then Restart all threads as this is roughly what you need to emulate for when a block is found.

Also use a mutex to make sure if one thread finds the result then the other threads cannot jump in quickly before the restart.
sr. member
Activity: 441
Merit: 250
If anyone has a spare AWS Power of 60 voucher I'd be ever so grateful if you were to PM it to me.

I'll toss you a nice handful of Maxcoin after launch if so.

Cheers
sr. member
Activity: 336
Merit: 250
Ready, Steady, Go!
hero member
Activity: 966
Merit: 1003
A Basic example for you.  Think of a rng generator.  It has to pick a number from 0-99 and needs to pic the number 0.  Think of that as the way a block is generated ( OK I KNOW ITS NOT BEFORE PEOPLE SLAM IT…its an example.  )

Now think about 2 cpu's running a loop

int result = 100;
while( result > 0 )
    result = random(100);

That loop will continue until result = 0;  Not going to calculate exact clock cycles of that loop or how fast either cpu could execute it but lets say hypothetically that the 4.3 ghz cpu could loop it 4.3 times faster than the 1ghz cpu.  It means it has 4.3 times the chance of hitting 0 before the 1ghz.  Ok randomness gives both cpu's a chance but the 4.3 ghz has more of a chance.

So this is basically my lottery example and you are agreeing with me.  Huh


Now consider 2 1ghz cpu;s running that loop.  They are both running it at same speed but the odd's of them hitting it before the 4.3 is only slightly more.  They are still running at 1ghz though.  They are not running twice as fast because there are 2 of them they are both running at the slower speed.

What?

Some time ago I had to write a test harness to test some data and speeds.  I suggest you do the same.  create a little app.  Create 6 threads.  Run 1 thread 4.3 times the speed of the other 5.  Write a number generator that uses at least 1000 clock cycles ( a sha-3 algorithm will probably use more than that ).  Run it for an hour and log how many times each threads come to the correct result.

We could discuss this for hours but until you actually see the figures there is no point discussing it any more.

If you do it then come back and show me your results Smiley

It is a lottery in a way and Chaos predicts anything could happen  but when it comes down to practise the numbers speak for themselves.

How do you make a thread 4.3 times faster than others? I might try that experiment.
full member
Activity: 224
Merit: 100
Seriously keep out GPU mining, huge GPU farms are ready to mine this coin, it's not fair at all.

atleast the wont be able to mine it at start.  Cool
legendary
Activity: 1092
Merit: 1000
But in the end, it is still another bloody Altcoin with nothing new inside
newbie
Activity: 16
Merit: 0
Hi miners!
Do you know if I can mine with standard CPU Miner (minerd) or I will have to have new software for SHA-3 script?
newbie
Activity: 32
Merit: 0
Any mining software being released yet? How will we mine it? Perhaps solo mine it with wallet ?
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
Bottom line is, being CPU-only is one of the few things that make this coin interesting.  One of your primary selling points over all the doge/kitteh/other animal clones.  If you want it to become just like every other garden-variety alt, and lose half of the people who would be interested in mining it, then go for GPU.  You said in the original post that you're here to disrupt the market, so stick to your guns and don't just blend in with all the other generic copies.  You said you wanted to keep it fair, so don't hand all the power to the GPU farmers and leave those of us without a powerful gfx card in the dust.

Stick to the plan.
full member
Activity: 224
Merit: 100
I know absolutely nothing about mining or the technical side of crypto currency.

I have BTC and love what it can hopefully achieve.

Can anybody offer an explanation of the point of all these alt coins?  Do these new coins compliment BTC, are they superior in some way, or is it competition?

Would it not be far better to pooling all knowledge and making BTC achieve greater things, considering it is still very young.

Surely, getting the general masses to adopt BTC is a mammoth task, having all these other coins offering whatever it is they have would totally confuse anyone not familiar with crypto currencies.

I am confused.   Do we really need hundreds of crypto currencies this early?

Well most are just made to pump and dump and make a quick profit on. Nothing more nothing less.

Still confused.  

What is the point of "pump & dump"?  

Surely the whole exercise is to achieve global adoption.  The vast majority are not interested in what you describe.

Newbs and people who want to make a quick profit care. They don't give a shit about cryptocurrency or what it can achieve or represent, they just want to get rich quick.

This guy is so funny. He really is missing something. A brain.
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