We should take the overall situation not only consider the personal interests, groestl for those with 5XXX and 6XXXX graphics really very worthwhile, and energy saving, it costs so low that do things by irregular ways to achieve, is this good on the coin itself? The low cost makes it easier to dump it.The QUBIT algorithm is also energy saving, but also more stable, the card will also according to its cost to obtain the corresponding efficiency, if we want to make the coins go further, we should help him improve more perfect, not think only of our own interests.
I don't think only about my interests. With my hardware for now I get ~700MYR/24h. Is this big business?
It's doesn't really cover my electricity costs. As 1kWh here costs ~0.185$ and my rig uses ~180-200W wile mining...
The idea is that R9 290 are not so interested in groestl algo, while 5xx0 and 6xx0 users gets more profit wile mining on groestl, i.e. compared to scrypt. So we can attract people with older hardware to help mining the coin. And if more people are mining - coin will be alive, am I wrong?
We also definetly need CPU only algo. Prime algo is perfect for that. So then Coin will support ASIC+GPU+CPU algos. Correct me if I'm wrong.
QUBIT algorithm apparently in cost accounting on the groestl more than fair and power saving, yes, I admit that it will attract some old equipment miners to participate in, but this is only a small part, most people will see the wonders of old equipment to buy cheap to match the expensive sha256 ASIC, scrypt ASIC and the AMD new card,QUBIT and SCRYPT also can use the old equipment, SKEIN can also, but why not Groestl? Because it can make you a $100 (5850) to laugh at other's $350 (280X)?
At that time, the emergence of a strange phenomenon, in the Groestl algorithm, 5850 of the cost is so low, if 280X want to grab a share of Groestl, it will have to pay 3-4 times the cost,If you don't get it, it will see the groestl algorithm 20% income is 5850 only, 5850 is cheap harvesting MYR so, cause they can act recklessly and care for nobody dumping, then you should say, oh, damn it, how could this be so cheap sale? Oh, God, this coin is dead.
Of course, everyone on the groestl algorithm for maximum interest comes from its disadvantages and problems, to tame it, I really admire, but it is so unfair, development in the long run is not really suitable for MYR, maybe one day, we will improve the tools of groestl algorithm on AMD card support. Let 7XXXand200 cards should be efficiency, but by that time, will you support it?
Finally, we really need a CPU algorithm, but we do not need three types of graphics algorithm, this is a mess, and the algorithm of the device is not fair, 5 series and 6 Series graphics cards now are small, there is no need to separate the retention of a algorithm for them.And they are shown in other graphics algorithm is not bad.