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Topic: [ANN][MAX] MAXcoin - PoW, ASIC Resistance, Keccak GPU Mining - page 514. (Read 914323 times)

hero member
Activity: 784
Merit: 500
Funny how Max is a critic of unlimited supply of fiat currencies but yet support unlimited supply of cryptos..

Ahaha. +1

I will mine this and dump in 24h.
sr. member
Activity: 266
Merit: 250
Good luck competing with botnets. Releasing a CPU-only crypto is a joke these days.
member
Activity: 99
Merit: 10
Please do CPU only at start to keep things fair. I have a feeling a GPU miner will be special code so it will be difficult to tune correctly at the start.

Right, let's exclude those who have the ability to make the network more secure and leave it to the botnets and random ignorant noobs.      

I've never said it before, and I'll never say it again, but: "I agree with Limbaugh"
member
Activity: 98
Merit: 10
legendary
Activity: 1311
Merit: 1000
I think we have more than enough "noobs" to make the network secure.

Why you want to enrich criminals is beyond me. Botnets will rape this coin without GPU support.
member
Activity: 98
Merit: 10
To The Moon!
Sounds good. Cant wait
hero member
Activity: 766
Merit: 621
Own ONION
how this is max'ed?
legendary
Activity: 1260
Merit: 1000
I have 4 CPUs and won't even bother mining this coin if it's CPU only because I'll make like $1 worth a day.  If you have only 1 CPU, don't even think about it.  You'd make more profit picking up pennies on the road.  CPU coins are completely invalid due to botnets.
legendary
Activity: 2044
Merit: 1005
I think we have more than enough "noobs" to make the network secure.
legendary
Activity: 1311
Merit: 1000
Please do CPU only at start to keep things fair. I have a feeling a GPU miner will be special code so it will be difficult to tune correctly at the start.

Right, let's exclude those who have the ability to make the network more secure and leave it to the botnets and random ignorant noobs.     
sr. member
Activity: 282
Merit: 250
Please do CPU only at start to keep things fair. I have a feeling a GPU miner will be special code so it will be difficult to tune correctly at the start.
legendary
Activity: 1260
Merit: 1000
No for GPU, as there are botnets there are scrypt farms waiting to rape this coin, GPU coins are not for average users as they don't have high end graphics cards

Are you kidding me???

Have you ever mined anything in your life???

I have FOUR cpus at my disposal and I'd still get next to zero coins CPU mining.  The arms race for CPU coins is much worse than GPU.  You need the power of an entire house full of CPUs to get anything due to botnets.

All these clowns arguing for a CPU coin either have ILLEGAL botnets, or they rented out like $1000 worth of Amazon servers to hash on.

Let's not even get into the fact that someone probably created a hidden, close source GPU miner for this.  So he'll be hashing along light years faster than all the CPU people regardless.
full member
Activity: 186
Merit: 100
Monero
Keep it CPU or I'm not interested
member
Activity: 103
Merit: 10
No for GPU, as there are botnets there are scrypt farms waiting to rape this coin, GPU coins are not for average users as they don't have high end graphics cards
Exactly.  Mining for most coins has basically become an arms race.  Don't let the arms dealers win, Max!  Keep it fair for everyone.


I have shocking news for you. You can't properly mine anything with a regular cpu, it hasn't been possible for a long time, and nobody can change that.
Yes, but only because GPUs hash faster.  The difficulty target will go up MUCH quicker if an army of GPU farms are involved.  But it won't go up as fast if there's no GPU miner and people WILL be able to mine it on a CPU, just like they used to with Bitcoin when it first launched.  More FUD from the GPU farmers methinks.

You do realize that there will be a lot of people with CPU farms ready to mine this right? They got their practice with Protoshares. GPU or not there's going to be some whales on this no doubt.
hero member
Activity: 840
Merit: 1000
Are you going to release an external miner? Otherwise I don't see how pools will be available at launch. Seeing as this is supposedly a different implementation of SHA-3, everyone will be forced to just mine through the wallet solo initially.
hero member
Activity: 984
Merit: 1000
Any plans to get Cryptsy on board before release?
mtGox at release or death.
sr. member
Activity: 305
Merit: 250
Any plans to get Cryptsy on board before release?
full member
Activity: 144
Merit: 100
Only whoever makes the opencl script himself, or has a huge botnet, will profit from this coin. Or if your name is Max Keiser.
legendary
Activity: 2044
Merit: 1005
No for GPU, as there are botnets there are scrypt farms waiting to rape this coin, GPU coins are not for average users as they don't have high end graphics cards
I have shocking news for you. You can't properly mine anything with a regular cpu, it hasn't been possible for a long time, and nobody can change that.

So maxcoin should be lauched without a gpu miner to give cpu miners an opportunity, instead of making it unfair for people with only cpu's or low rage graphics cards

Its not hard to foretell that GPU miners will be out soon after the source code is published. THe algorithm is already published for GPU (NVIDIA) and it wont be hard to take the getwork stuff out of hte source and port it over to the GPU implementation since there are probably small fixes possibly magic numbers thats it.
sr. member
Activity: 392
Merit: 250
No for GPU, as there are botnets there are scrypt farms waiting to rape this coin, GPU coins are not for average users as they don't have high end graphics cards
I have shocking news for you. You can't properly mine anything with a regular cpu, it hasn't been possible for a long time, and nobody can change that.

So maxcoin should be lauched without a gpu miner to give cpu miners an opportunity, instead of making it unfair for people with only cpu's or low rage graphics cards
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