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Topic: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine - page 146. (Read 578501 times)

newbie
Activity: 56
Merit: 0
New Mining Pool  1% Fees!

http://pool.minichain.info pays out once a day proportional to the number of shares (share difficulty = 512)
Also check out the blockexplorer at http://minichain.info It might be down sporadically over the next few days if I'm working on it more

If I get enough interest, I'll release the source code for both

That's nice. But could you change the payout to every hour or at least 3, 4hours. Once per day just taking too long for every miners.

I'll change it to 4 hours

The use of Windows Miner, CPU why not working at full speed?

Make sure you use --threads 16 or set it to whatever gives you the best result.  Generally, you want to set the threads to be the number of CPU's you have
full member
Activity: 288
Merit: 105
I'm rather a fan of the PoW, seeing as how i wrote it and all. I think nobody has really sat down to think about how hard that "silly multiplication" is for GPU's and ASIC, and there is no evidence that a GPU miner has been created. I'm working on one in spare time to prove how much it will suck. I mean it will work, but won't be massively faster than CPU. Especially if someone sits down to optimize CPU for AVX. The ultimate combination is probably GPU for hashing and CPU for multiply. Might get somewhere doing that but it's a whole new kind of rig to have that kind of balance.

Lemme give you some numbers:

750ti = 160 32x32 bit multipliers @ 1gz = 160B 32bit per second
4770k = 16 64x64 bit multiplication per clock @ 3.6ghz = 57.6B 64bit muls ~= 330.4B 32bit per second

Theres no fighting that. It is raw ALU power.

You're underestimating the fraction of time spent in the hashes vs the multiply.  Less than 12% of the current execution time is in gmp bignum functions with your current code, with 88% in hashing (22% of that in one hash function -- easy target for optimization, which I'm sure wolf or someone else has already done).  The one saving grace there is that gmp is avx2 optimized on my platform already, and none of your hashes are yet.  But that leaves things at still < 30% of time in bignum once everything's on an equal optimization footing.  And it's likely that there's some low-hanging optimization possible, given that 6.7% of the time is spent in __gmpz_export and that there's no effort taken to avoid unnecessary allocation and deallocation of the mpzs.  Hint:  there are faster ways to get the data out of gmp if you don't care about portability.

Taking that all together, I'd guess that at most 15-20% of the eventual optimized runtime will be in the multiplication.  The GPUs will win.  You've created a *great* target for Claymore, though, with his pre-built library of bignum routines from writing the XPM miner. Smiley

(And to those reading this, no, I don't have an optimized miner - I ran it through a profiler to see what it was, but decided I was bored of miner tweaking this week.)

((p.p.s - no, GPU for hashing and CPU for multiply would be horrible.  You'll just saturate your PCIe bandwidth.))



I don't disagree with any of this in principle. There is just no thorough analysis of exactly how it will end up on GPU. Sure maybe multiplication is 20% on CPU but that means what 60-80% on GPU? we know it will slow down there and a lot of it depends on how things are implemented. XPM has lamo big integer, the things almost always can be fit in registers. These are too large. And i think 2048bit * 32*256 is way too large for local memory. So where CPU is doing some fast 64bit multiplies in registers and has that nice data cache, GPU is executing handful of operations and having to hit global memory to do the same work. Implementing on GPU is quite difficult if you do it the GMP way which is karatsuba i believe.

Keep in mind X11 is not so much faster on GPU. Maybe 3x. Throw a wrench into the works that takes 60% of time and I think that metric will suffer. I can't guarantee it. Maybe not so much, maybe a little. Not even sure it matters. It's just a PoW. People will work it with whatever they have.



newbie
Activity: 7
Merit: 0
New Mining Pool  1% Fees!

http://pool.minichain.info pays out once a day proportional to the number of shares (share difficulty = 512)
Also check out the blockexplorer at http://minichain.info It might be down sporadically over the next few days if I'm working on it more

If I get enough interest, I'll release the source code for both

That's nice. But could you change the payout to every hour or at least 3, 4hours. Once per day just taking too long for every miners.

I'll change it to 4 hours

The use of Windows Miner, CPU why not working at full speed?
dga
hero member
Activity: 737
Merit: 511
I'm rather a fan of the PoW, seeing as how i wrote it and all. I think nobody has really sat down to think about how hard that "silly multiplication" is for GPU's and ASIC, and there is no evidence that a GPU miner has been created. I'm working on one in spare time to prove how much it will suck. I mean it will work, but won't be massively faster than CPU. Especially if someone sits down to optimize CPU for AVX. The ultimate combination is probably GPU for hashing and CPU for multiply. Might get somewhere doing that but it's a whole new kind of rig to have that kind of balance.

Lemme give you some numbers:

750ti = 160 32x32 bit multipliers @ 1gz = 160B 32bit per second
4770k = 16 64x64 bit multiplication per clock @ 3.6ghz = 57.6B 64bit muls ~= 330.4B 32bit per second

Theres no fighting that. It is raw ALU power.

You're underestimating the fraction of time spent in the hashes vs the multiply.  Less than 12% of the current execution time is in gmp bignum functions with your current code, with 88% in hashing (22% of that in one hash function -- easy target for optimization, which I'm sure wolf or someone else has already done).  The one saving grace there is that gmp is avx2 optimized on my platform already, and none of your hashes are yet.  But that leaves things at still < 30% of time in bignum once everything's on an equal optimization footing.  And it's likely that there's some low-hanging optimization possible, given that 6.7% of the time is spent in __gmpz_export and that there's no effort taken to avoid unnecessary allocation and deallocation of the mpzs.  Hint:  there are faster ways to get the data out of gmp if you don't care about portability.

Taking that all together, I'd guess that at most 15-20% of the eventual optimized runtime will be in the multiplication.  The GPUs will win.  You've created a *great* target for Claymore, though, with his pre-built library of bignum routines from writing the XPM miner. Smiley

(And to those reading this, no, I don't have an optimized miner - I ran it through a profiler to see what it was, but decided I was bored of miner tweaking this week.)

((p.p.s - no, GPU for hashing and CPU for multiply would be horrible.  You'll just saturate your PCIe bandwidth.))

legendary
Activity: 980
Merit: 1000
okay so i'm trying out http://xcn.1gh.com/ with the CPU miner D program

seem to be getting a lot of rejects, is there a list of arguments i can toy with? never done cpu mining before
sr. member
Activity: 308
Merit: 250
coinmarketcap.com added XCN
sr. member
Activity: 462
Merit: 250
Cpuminer on xcn.1gh.com updated now, 40%+ speedup.

Thanks  Smiley I think I have less booo's too now
legendary
Activity: 2968
Merit: 1198
The coin emission here is probably going to crush the coins value for quite a while, like XMR.

It is a lot worse than XMR in that respect.

I think this coin is profoundly overvalued at current prices even if you fully ignore the launch/PoW issues and even if you fully believe in the unique value proposition, both of which I find questionable.

Cryptonite should not be compared with Monero since Bytecoin was the first ever cryptonote coin and Cryptonite is a whole different concept. Launch is over now, miners are mining, traders are trading. What can you do about it?

If you think the launch is bad enough and the developer refuses to relaunch it then you fork it. That is what happens in open source when the developer loses the confidence of the community. I don't know whether that is the case here but it was exactly the case for Bytecoin/Monero.

Quote
In the end, the market decides how much XCN should be worth.

Yup, I'm betting much lower before (possibly) much higher. And by which I mean I am literally betting that.

newbie
Activity: 56
Merit: 0
New Mining Pool  1% Fees!

http://pool.minichain.info pays out once a day proportional to the number of shares (share difficulty = 512)
Also check out the blockexplorer at http://minichain.info It might be down sporadically over the next few days if I'm working on it more

If I get enough interest, I'll release the source code for both

That's nice. But could you change the payout to every hour or at least 3, 4hours. Once per day just taking too long for every miners.

I'll change it to 4 hours
legendary
Activity: 2968
Merit: 1198
The coin emission here is probably going to crush the coins value for quite a while, like XMR.

It is a lot worse than XMR in that respect.

I think this coin is profoundly overvalued at current prices even if you fully ignore the launch/PoW issues and even if you fully believe in the unique value proposition, both of which I find questionable.
hero member
Activity: 938
Merit: 1000
New Mining Pool  1% Fees!

http://pool.minichain.info pays out once a day proportional to the number of shares (share difficulty = 512)
Also check out the blockexplorer at http://minichain.info It might be down sporadically over the next few days if I'm working on it more

If I get enough interest, I'll release the source code for both

That's nice. But could you change the payout to every hour or at least 3, 4hours. Once per day just taking too long for every miners.
sr. member
Activity: 280
Merit: 250
Who cares?
The coin emission here is probably going to crush the coins value for quite a while, like XMR.
legendary
Activity: 2968
Merit: 1198
are you joking ? How many people were running on bitcoin at start... It is certainly the coin which has been the most intamined

Instamined can mean a lot of things to a lot of people but I tend to view it as having an unusual rate total coins mined at the beginning (usually due to bad difficulty adjustment algorithms).

If that happened with bitcoin it would have been most severe in the first two weeks  (before the first adjustment). If we look at block 1, that is January 9, 2009. Block 2016 is January 27, which is 18 days later, or somewhat slower than the 14 day target. Block 4032 was February 12, which is right on target.

This is not instamined, it is just lack of interest to mine. Which is to say that nobody thought the damn thing would be worth anything (you can also see this if you view the generally negative reaction on the cryptography mailing list). They were wrong in hindsight, but they had every opportunity to mine if they wanted to.

There was no instamine or premine on bitcoin, just misjudgment by early miners (and more importantly potential miners) as to its value.


legendary
Activity: 1400
Merit: 1050
I live for a day when developers will actualy launch a coin which is as promised in announcement. So far, the only non-instamined coin out there is also the first one - Bitcoin.
Any other coin was instamined and XCN is not exception. Developers who can implement killer features in their coin surely know what starting difficulty should they go with to
really prevent instamine but, as it can be seen again, that is actualy not in their interest. Nor it is in their interest to provide optimized CPU / GPU miners and 100% working wallet
at the very start of mining.

"The first couple of hours were bit of a bumpy ride, the first Windows binaries released were buggy and caused a bunch of mini-forks to break out, preventing Windows users
from participating in the network until we released a fix."

Pathetic scumbags.

are you joking ? How many people were running on bitcoin at start... It is certainly the coin which has been the most intamined

Listen retarded noob, you need to learn how to read blockchain explorer data first in order for you and me to have any meaningful debate on the matter. Until then just STFU.
Sorry old moron who can't take a joke, I don't listen to your kind in general but your comment is just pathetic
newbie
Activity: 56
Merit: 0
New Mining Pool  1% Fees!

http://pool.minichain.info pays out once a day proportional to the number of shares (share difficulty = 512)
Also check out the blockexplorer at http://minichain.info It might be down sporadically over the next few days if I'm working on it more

If I get enough interest, I'll release the source code for both
sr. member
Activity: 462
Merit: 250
Cpuminer on xcn.1gh.com updated now, 40%+ speedup.

reorder i got a lot of "Stratum requested work restart". Some miners can't even send jobs after 10 min. Any fix? Thanks.
If you run several workers, please try using different wallet addresses to get a lower share difficulty for each. Cryptonite has important block bits updated with every transaction appearing on the network so we have to update miners tasks frequently too.
hero member
Activity: 938
Merit: 1000
Cpuminer on xcn.1gh.com updated now, 40%+ speedup.

reorder i got a lot of "Stratum requested work restart". Some miners can't even send jobs after 10 min. Any fix? Thanks.
legendary
Activity: 1414
Merit: 1000
well, I decided to give this coin a shot, found out there's no pools, boo, so i set up a wallet to solo mine on 4 different i7 computers, been almost 24 hours now and one of them did find one block, so i guess that's good? hurray? can't really see how fast it's mining in the wallet, used to seeing my hashrate and accepts flying by on the GPUs i mine with. all i can say is that in task manager the wallet's cpu performance is at %90+ so it seems to be working.

my concern is the price, it seems incredibly inflated. there's over 300,000 new coins meing mined a day, so in 10 days this will have as much coins as cloakcoin for example (of which the price seems appropriately compared to) but after that it's just going to get diluded. in 20 days it will be worth half as much. to me this seems unsustainable.

i've never heard of a coin with 1.84 billion coins that's been worth 8000 satoshis. that on it's own is just very impressive, but I gotta say, as an investor, i'd be looking to short this right now, no way this is a sustainable price unless you want to valuate this being worth as much as 100x doge right out of the gate. 10x maybe i'd believe, but not 100. this is silly.

I agree, this coin isn't a speculator's coin. Not sure why he chose this structure.
legendary
Activity: 2968
Merit: 1198
most of time is spent in hashes on CPU, but that can change if somebody optimizes the difficult hash functions, and is only true because the

The hash implementations looked reasonably decent to me. Perhaps that is not the case, I haven't looked carefully, but it is at least trying to be fast. See Tuning at http://www.saphir2.com/sphlib/

There might be some advantage on the 512 hashes to dump the upper bits of output since I think they are not used. I'm not sure how far back into the hash algorithm this is effective, but my guess is not that far.


Reorder is working on something with midstate on 1GH. Can be improved further I believe. Can also prepad the hashes. Bunch of things can be done. sph is not bad just doing things that don't need to be done repeatedly.

All bits of the hashes are used. The product is some nearly 3000 bit number which is hashed into sha256

Okay I agree midstate will have some benefit here. I don't know how much. It is a long way to go before the multiply becomes a bottleneck.

Thank you for the correction on the multiply output being fully used. That does help.
sr. member
Activity: 462
Merit: 250
Cpuminer on xcn.1gh.com updated now, 40%+ speedup.
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