artforz and coblee gpu mining litecoin since the start? - page 13.

Nachtwind

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Quote from: CoinHunter on February 15, 2012, 07:23:11 AM

You do know the difference between an opinion and fact right? If it was SC people as the "dark pool" don't you think we'd be dumping that coin instead of hoarding it?

No... i do believe despite your own...limitedness of creativity.. you have people among your ranks who are creative enogh to think of such a plot..
So either the darkpool IS a botnet, or your guys have a superior miner they use for their own good (and not really helping SC..) or worst you are just making up a story to throw mud on a project that is threatening your petty copy&paste(+removing licences etc) project...

CoinHunter

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Quote from: Nachtwind on February 15, 2012, 06:49:53 AM

Wow Coinhunter, you fail completely in prooving any of your accusations...

Quote

You do know the difference between an opinion and fact right? If it was SC people as the "dark pool" don't you think we'd be dumping that coin instead of hoarding it?

Nachtwind

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Wow Coinhunter, you fail completely in prooving any of your accusations...

Alright.. Let me say that Coinhunter and his trusted minions had a GPU miner with 3 times the speed of Reaper today right at the start and were the "dick".

CoinHunter

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BTW coblee, I paid mtrlt in SolidCoins to release a GPU miner for the public. Perhaps if you could do the same he would be more willing to release it?

CoinHunter

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Quote from: coblee on February 15, 2012, 05:20:37 AM

From what I gather (assuming the GPU miner is legit), it performs better than CPU per watt by a small amount. In other words, it's 10-20x faster than CPUs but also uses almost 10-20x more electricity. So even if the miner is released, it won't kill CPU mining like what happened with bitcoins. And currently, it's much more profitable to use your GPUs to mine bitcoins instead of litecoins with the current prices.

Well using the data you have you may believe that, but what I'm looking at it's 5x more efficient watt for watt at least and it's still early stages. As to whether that means CPUs are still viable, not sure. I guess if GPU mining Bitcoin is more profitable most shouldn't use their GPU to mine LTC? The big issue I guess is the fact it means if most people are CPU mining it makes it incredibly easy to switch some GPUs to it and 51% the chain if they are 5x more efficient.

Quote from: coblee on February 15, 2012, 05:20:37 AM

So why would you assume that the unknown miners are GPU miners instead of a botnet? Wouldn't they be more profitable mining bitcoins instead?

Given the behaviour of the "dark pool" it's my belief it was mainly there for some kind of 51% protection and to accumulate most of the Litecoins so less could be dumped on the market. Helping not crash the price. So I'm guessing it was someone related to project development or serious in helping it out ala Artforz.

coblee

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Creator of Litecoin. Cryptocurrency enthusiast.

Quote from: CoinHunter on February 15, 2012, 05:05:38 AM

As far as I'm aware in my last talks with mtrlt the litecoin GPU miner is only 10-20x faster than CPUs. Which is less compared to a GPU mining bitcoin 100x faster than a CPU.

From what I gather (assuming the GPU miner is legit), it performs better than CPU per watt by a small amount. In other words, it's 10-20x faster than CPUs but also uses almost 10-20x more electricity. So even if the miner is released, it won't kill CPU mining like what happened with bitcoins. And currently, it's much more profitable to use your GPUs to mine bitcoins instead of litecoins with the current prices.

Quote from: CoinHunter on February 15, 2012, 05:10:47 AM

It's quite likely the "dark pool" everyone was talking about isn't actually a botnet, just 10-20 highend GPUs mining it hard. No proof on that claim, just my opinion.

So why would you assume that the unknown miners are GPU miners instead of a botnet? Wouldn't they be more profitable mining bitcoins instead?

CoinHunter

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Quote from: ?? on ??

Lemme guess, the solution and "The Dreamcoin" coming out is......SOLIDCOIN 3.0.

That is coming out soon, but it doesn't have any network changes (v2.041 is compatible) , just a new default thin client for easy transfer of funds and a much faster and more reliable node software.

Quote from: ?? on ??

If mlrt or any of the other Soiledcoin degenerates had a GPU miner for Litecoin they would release it ASAP as they know it would totally destroy Litecoin. Coblee and Coinhunter aren't exact "besties LOL Grin

One reason why mtrlt is keeping it to "himself" at the moment is if he releases it and LTC difficulty goes up he makes less total litecoins per day. I think it goes to show with him getting nearly 4MH, or 10% Litecoin mining power himself that something is going on there, believe what you want.

. I think you'll find that right now there are many SolidCoin supporters who don't want to see litecoin die as it gives them an opportunity to mine it with their CPUs and get more SolidCoins.

It's quite likely the "dark pool" everyone was talking about isn't actually a botnet, just 10-20 highend GPUs mining it hard. No proof on that claim, just my opinion.

CoinHunter

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Quote from: MCWey8 on February 15, 2012, 12:54:12 AM

I hope GPU mining is not taking place ....

if so, later litecoin.

and mining in general for me, until another CPU mined coin arises.

SolidCoin has a custom hashing algorithm designed to closely match modern consumer hardware, both CPU and GPU. Watt for watt they get similar performance on SolidCoin hashing. Litecoin on the other hand was put together by Artforz using "off the shelf" components which turned out to be a bad move (or good if you like GPU mining a chain). This being said until SolidCoin price is over $1 most people won't be able to make a profit mining it so something like Litecoin still has a place for anyone wanting to get BTC using their CPU unless a GPU miner becomes public.

As far as I'm aware in my last talks with mtrlt the litecoin GPU miner is only 10-20x faster than CPUs. Which is less compared to a GPU mining bitcoin 100x faster than a CPU. According to coinotron litecoin mining is 2.4x more profitable than mining SolidCoin which seems odd to me, given our recent economic changes made our cost of production over $1 and we are about 18x away from being profitable yet!

You can calculate it here, http://solidcoin.info/profit-calculator.html

MCWey8

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[ Poor Miner ]

I hope GPU mining is not taking place ....

if so, later litecoin.

and mining in general for me, until another CPU mined coin arises.

LoupGaroux

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Quote from: Raoul Duke on February 13, 2012, 11:26:51 PM

Quote from: LoupGaroux on February 13, 2012, 11:22:55 PM

Reads like RS/CH/Douchebag sock-puppetry to me.

And you read like a frustrated motherfucker.

Only because the mother I have been fucking is yours. She doesn't satisfy anyone. Can I get my fifty cents back?

abbeytim

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well ive been talking too mlrt and i was skeptical at first but on squidnet ltc mining pool stats he has over 3mh/s mining their and he said his 6990 gets like 260kh/s mining ltc how ever it still more profitable to mine btc on a 6990

k9quaint

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Quote from: LoupGaroux on February 13, 2012, 11:22:55 PM

Quote from: Raoul Duke on February 13, 2012, 07:52:03 PM

Been here all the time you mofo, just not socializing with you.
Now I'm out. Before I catch your sewar rat smell...

Only twenty-two words and he managed to include three punctuation errors, one massive misspelling on his key concept, and completely misused the ellipsis.

Reads like RS/CH/Douchebag sock-puppetry to me.

Coinhunter can mostly form complete sentences. Psy is probably a discrete entity (albeit one with the writing skills of a third grader).

I am sure there is plenty of fisting involved in their relationship, just not of the sockpuppet variety. Grin

Raoul Duke

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Quote from: LoupGaroux on February 13, 2012, 11:22:55 PM

Reads like RS/CH/Douchebag sock-puppetry to me.

And you read like a frustrated motherfucker.

LoupGaroux

sr. member

Activity: 574

Merit: 250

Quote from: Raoul Duke on February 13, 2012, 07:52:03 PM

Been here all the time you mofo, just not socializing with you.
Now I'm out. Before I catch your sewar rat smell...

Only twenty-two words and he managed to include three punctuation errors, one massive misspelling on his key concept, and completely misused the ellipsis.

Reads like RS/CH/Douchebag sock-puppetry to me.

Raoul Duke

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Been here all the time you mofo, just not socializing with you.
Now I'm out. Before I catch your sewar rat smell...

Raoul Duke

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Quote from: ?? on ??

Quote from: k9quaint on February 11, 2012, 09:48:49 PM

I didn't know there was men's lingerie, let alone entire magazines devoted to it.

and to think once upon a time his sock puppets ViperLemonBitch, Psytard, Ten90 and friends used to act like I was the only one that didn't like Coinhunter/Real Soiled Grin

my only thoughts about you are about you being a two-faced liar who needs others(read: artforz) to do your dirty work lol

DeathAndTaxes

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Gerald Davis

Quote from: alexrussel1980 on February 13, 2012, 05:13:11 PM

But now I'm starting having big doubts ,if Gpu mining is possible isn't against LTC the whole idea behind it? Being silver? Being different?

LTC was never Bitcoin's sliver. Bitcoin is Bitcoin's silver. Think about why multiple metals existed in coins and you will find the claim of Bitcoin needing a silver to be bogus.

The good news is that if this miner exists (which it likely doesn't) it doesn't really change anything.

kano

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