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Topic: best alt coin to mine with gpu's, still litecoin? (Read 849 times)

legendary
Activity: 1509
Merit: 1030
Solutions Architect
December 25, 2013, 01:40:18 AM
#7
Blakecoin is a cool coin, but by http://www.coinwarz.com/cryptocurrency the most profitable are NET and DOGE.

can I quote you on this in a few months weeks ?

its only the most profitable atm if you have a huge pile to sell!

if you are mining(which takes time) by the time you have any coins to sell the price is going to drop and the next clone scrypt coin will pop up as "most profitable" is this not the trend?  aka Pump&Dump
legendary
Activity: 1509
Merit: 1030
Solutions Architect
Quote
Blake is a hash function like SHA-256 or Scrypt
https://131002.net/blake/

I see... So is this algorithm more complex or more secure than the scrypt algorithm?

scrypt is quite a linear hash function while blake has better parallelism thus is faster than scrypt by several orders of magnitude and is also faster than SHA-256

this youtube presentation shows you how it works (it has been modified to 8 rounds in Blakecoin)
http://www.youtube.com/watch?v=PgpJNRnx6eY

it is no less secure than scrypt or SHA-256 and is less complex, was designed as a replacement for SHA-256 during the SHA3 comp

64 G function calls in the modified Blake-256 ~ 64 rounds of SHA-256
member
Activity: 84
Merit: 10
Quote
Blake is a hash function like SHA-256 or Scrypt
https://131002.net/blake/

I see... So is this algorithm more complex or more secure than the scrypt algorithm?
legendary
Activity: 1509
Merit: 1030
Solutions Architect
Who's Blake?

Blake is a hash function like SHA-256 or Scrypt
https://131002.net/blake/

Why Blakecoin beats other coins in the long run:

The modified blake-256 algorithm hash rate is just under 3x faster on the GPU and just over 2x on the FPGA compared with Bitcoin
The reward for mining Blakecoin does Not decrease over time it only increases with block height and difficulty
No restriction on any platform as Blakecoin does not include artificial *Security* that slows down possible mining hash rate and reduces power efficiency
Already has planned use for Blakecoin as a currency storage between MMO systems with prototypes in development

Blakecoin is the fastest !

5.1GH/s on a AMD ATI Radeon 7990
2.2GH/s on a AMD ATI Radeon 7970
1.4GH/s on a AMD ATI Radeon 6970
1.3GH/s on a AMD ATI Radeon 5870
1.6GH/s on a ZTEX USB-FPGA 1.15y Quad Spartan-6 LX150 Development Board (using < 40w of power)

Tweaks:
Removed some of the double hashing from the wallet for increased efficiency and reduced collisions
member
Activity: 84
Merit: 10
Who's Blake?
legendary
Activity: 1509
Merit: 1030
Solutions Architect
any other alt coins worth mining with 7950's?

Blakecoin uses a new algo and gets about ~1.6GH/s on 7950

I also put a giveaway on today as well
https://bitcointalk.org/index.php?topic=306894.new#new

sr. member
Activity: 433
Merit: 250
any other alt coins worth mining with 7950's?
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