[ANN][RIC] Riecoin: constellations POW *CPU* HARD FORK successful, world record - page 183.

trny

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Quote from: northranger79510 on March 25, 2014, 03:24:21 PM

I wonder how much it takes to maintain Riecoin price. I know dogecoin needs $2+ million to maintain its price.

2.5 minute blocks with a reward of 50 RIC means approximately 28800 new RIC a day. At the current price of ~$0.12 this means about $3456 is needed a day to sustain prices. However I don't think the handful of top whales mining the majority of coins are selling at the current price.

toto408

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Quote from: surfer43 on March 25, 2014, 02:25:15 PM

Download the source code as a zip file here.

Thanks, I'll try to play around with this Cheesy

northranger79510

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Riecoin and Huntercoin to rule all!

Feels nice to be part of history.

Supercomputing

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As far as I know, the current world record is 1856-bit and the current difficulty is 1684-bit in size:
https://bitcointalksearch.org/topic/m.5829120

But let us not focus on breaking the world record because we are playing with rules and restrictions. Riecoin's proof-of-work has a 256-bit offset (or 191# primorial) restriction. And for all intents and purposes, there is more than enough computational power available to the network to smash the current world record within minutes if there were no rules or restrictions.

Also, let us not forget that the overwhelming majority of miners are in it for profit and very few of us are in it for the pure joy of the challenge. In order to give Riecoin an edge, we need to make it profitable for most miners, not just whales who can scale to hundreds of processors. The question is how? ASIC scrypt mining may soon bring a drastic reduction in the number of GPUs used for Litecoin mining, why not have them join the RIC network. We need an expert OpenCL (AMD GPU) programmer and I can help with the mutilple-precision arithmetic optimization.

surfer43

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another record difficulty: 1684

Supercomputing

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Quote from: Aboroth on March 25, 2014, 03:42:23 PM

I don't have time to play around with it much because of work, but would it be worth it to optimize for processors without AVX2, but with AVX? The computers I can throw at this coin aren't new enough to have AVX2 available. Or does the AVX2 build have code paths for different instruction sets, with detection of CPUID or similar?

The AVX2 (Haswell) instruction set is only good for multiple-precision arithmetic and SHA-256 as far as Riecoin mining is concerned. Apart from that, there is no noticeable difference in performance. You will have to implement your own large integer arithmetic using hand-optimized assembly for x86-64 which requires years of experience. You should achieve about a 30 percent increase in mining performance with good optimization techniques.

http://software.intel.com/sites/default/files/m/f/7/c/36945

Aboroth

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I don't have time to play around with it much because of work, but would it be worth it to optimize for processors without AVX2, but with AVX? The computers I can throw at this coin aren't new enough to have AVX2 available. Or does the AVX2 build have code paths for different instruction sets, with detection of CPUID or similar?

heajin5921

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I like this pure cpu coin!!!

northranger79510

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Riecoin and Huntercoin to rule all!

I wonder how much it takes to maintain Riecoin price. I know dogecoin needs $2+ million to maintain its price.

surfer43

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Download the source code as a zip file here.

toto408

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Hi there

I would like to open the AVX2 xptminer souces on dga webpage, to try to compile that for Windows. This file seems to be a zip file, with 6 files in there. But I can't open these 6 files: there are neither zip nor text files.
Am I missing something obvious?

Thanks for any help Wink

northranger79510

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Quote from: surfer43 on March 25, 2014, 12:32:46 PM

Quote from: northranger79510 on March 25, 2014, 12:27:57 PM

Quote from: surfer43 on March 25, 2014, 12:20:28 PM

Well, Mintpal is also taking bribes. IMO we should focus on btc-e. That would mean a huge jump in price.

And that is why Mintpal is also crap in my opinion. The only reason why its less crap than cryptsy (in my opinion) is that it has fewer coins listed and a faster deposit rate than Cryptsy. Cryptsy has too many coins listed its hard to care about new coins listed anymore (in my opinion).

Cryptsy's navigation needs innovation with all of the coins they have listed... Also, people start using a cryptocurrency as a currency more and more after price increases. Look at all of the new adoption of Bitcoin that happened just because of a price spike. Yes we should focus on use as a currency, although major exchanges wouldn't hurt.

True. +1.

surfer43

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Quote from: northranger79510 on March 25, 2014, 12:27:57 PM

Quote from: surfer43 on March 25, 2014, 12:20:28 PM

Well, Mintpal is also taking bribes. IMO we should focus on btc-e. That would mean a huge jump in price.

And that is why Mintpal is also crap in my opinion. The only reason why its less crap than cryptsy (in my opinion) is that it has fewer coins listed and a faster deposit rate than Cryptsy. Cryptsy has too many coins listed its hard to care about new coins listed anymore (in my opinion).

Cryptsy's navigation needs innovation with all of the coins they have listed... Also, people start using a cryptocurrency as a currency more and more after price increases. Look at all of the new adoption of Bitcoin that happened just because of a price spike. Yes we should focus on use as a currency, although major exchanges wouldn't hurt.

northranger79510

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Riecoin and Huntercoin to rule all!

Quote from: surfer43 on March 25, 2014, 12:20:28 PM

Well, Mintpal is also taking bribes. IMO we should focus on btc-e. That would mean a huge jump in price.

And that is why Mintpal is also crap in my opinion. The only reason why its less crap than cryptsy (in my opinion) is that it has fewer coins listed and a faster deposit rate than Cryptsy. Cryptsy has too many coins listed its hard to care about new coins listed anymore (in my opinion).

surfer43

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Quote from: maxsolnc on March 25, 2014, 12:22:54 PM

Quote from: surfer43 on March 25, 2014, 12:20:28 PM

Well, Mintpal is also taking bribes. IMO we should focus on btc-e. That would mean a huge jump in price.

Primecoin was taken to btce just after a lot of hype around it. I like Riecoin concept, but are there any ways to be added to btce?

1. break world records
2. hype

northranger79510

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Riecoin and Huntercoin to rule all!

And to be accurate, we really only need one exchange. Riecoin is a CURRENCY so it should be treated as one and not stocks. Focus should be concentrated on easy and smooth merchant acceptance. We should focus on getting merchants to accept us, not exchanges. A Riecoin Foundation could hopefully help.

maxsolnc

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DTC unofficial team

Quote from: surfer43 on March 25, 2014, 12:20:28 PM

Well, Mintpal is also taking bribes. IMO we should focus on btc-e. That would mean a huge jump in price.

Primecoin was taken to btce just after a lot of hype around it. I like Riecoin concept, but are there any ways to be added to btce?

surfer43

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Activity: 560

Merit: 250

"Trading Platform of The Future!"

Well, Mintpal is also taking bribes. IMO we should focus on btc-e. That would mean a huge jump in price.

bitcoinvideos

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Quote from: northranger79510 on March 25, 2014, 11:02:14 AM

We don't really need Cryptsy anymore tbh. Its turning into a crap company that takes bribes to put coins on their site. I think we should focus on sites like Bter, Btc-e (A person can only dream).

I have to agree with northranger on this and focus on Bter and Btc-e. Cryptsy taking bribes put them on my shit list.

northranger79510

sr. member

Activity: 308

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Riecoin and Huntercoin to rule all!

We don't really need Cryptsy anymore tbh. Its turning into a crap company that takes bribes to put coins on their site. I think we should focus on sites like Bter, Btc-e (A person can only dream).

Topic: [ANN][RIC] Riecoin: constellations POW *CPU* HARD FORK successful, world record - page 183. (Read 685207 times)

Topic: [ANN][RIC] Riecoin: constellations POW CPU HARD FORK successful, world record - page 183. (Read 685207 times)