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Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1338. (Read 3058921 times)

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RJF
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Online since '89...
Also, try thinking of it this way. Imagine that DigiByte is 5 different coins in one. Only 1/5th of all DigiBytes can ever be mined by the SHA algo. So if you have a SHA ASIC you still are competing for 100% of SHA-256 DigiByte coins.

Edit: There is a huge secondary market for SHA-256 ASICs we are looking to tap into. Many people still have some laying around that are no longer economical to mine Bitcoin with.

Yep, that would be me!  Smiley
legendary
Activity: 1722
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Official DigiByte Account
Blake256      Kiss
Do you have any details or info on BLake? We know it was a Sha finalist and it is merged mined with a few coins. But what about hardware performance for GPUS?

Have you read this

blakecoin.org/Blakecoin_Introduction.pdf
Thanks for posting the link!
legendary
Activity: 1722
Merit: 1051
Official DigiByte Account
Also, try thinking of it this way. Imagine that DigiByte is 5 different coins in one. Only 1/5th of all DigiBytes can ever be mined by the SHA algo. So if you have a SHA ASIC you still are competing for 100% of SHA-256 DigiByte coins.

Edit: There is a huge secondary market for SHA-256 ASICs we are looking to tap into. Many people still have some laying around that are no longer economical to mine Bitcoin with.

Or if you could get some of those cloud mining companies to switch. I keep pestering eobot to consider changing but they don't seem interested.
What do you mean by switch?
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Also, try thinking of it this way. Imagine that DigiByte is 5 different coins in one. Only 1/5th of all DigiBytes can ever be mined by the SHA algo. So if you have a SHA ASIC you still are competing for 100% of SHA-256 DigiByte coins.

Edit: There is a huge secondary market for SHA-256 ASICs we are looking to tap into. Many people still have some laying around that are no longer economical to mine Bitcoin with.

Or if you could get some of those cloud mining companies to switch. I keep pestering eobot to consider changing but they don't seem interested.
legendary
Activity: 1722
Merit: 1051
Official DigiByte Account
Also, try thinking of it this way. Imagine that DigiByte is 5 different coins in one. Only 1/5th of all DigiBytes can ever be mined by the SHA algo. So if you have a SHA ASIC you still are competing for 100% of SHA-256 DigiByte coins.

Edit: There is a huge secondary market for SHA-256 ASICs we are looking to tap into. Many people still have some laying around that are no longer economical to mine Bitcoin with.
legendary
Activity: 1722
Merit: 1051
Official DigiByte Account
5x Multi-Algos do have 1 problem: if someone puts all his hashing power in one of sort of hash algo, he will earn only 1/5 as when he put his power to a single algo coin, doesn't he?
Not necessarily. The total hash on the network is still a sum of all the miners & hardware mining on the 5 different algos. So you are still competing against varying amounts of hash being weighted differently from the other algos.  Some algos may be easier to mine on and earn better rewards but this should stabilize and average out over time. Overall, it is still more fair to everyone and means better decentralization for the coin & community.



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I have a question related to this "new multi-algo" system : you said that each algo will have it's own difficulty. Ok, I understand this. But what can happened if, one day, one algo is lacking of hashpower (like few days ago with our scrypt algo on DGB)? This will create some problems in the blockchain, isn't it?

Up...
Any algo can find the next block. Is is very unlikely 1 algo will find multiple blocks in a row but it can happen in that case. The difficulty re-targeting will be adjusted to prevent that. The key is 4 other algos will still be finding blocks. The problem would be mitigated.

They average out over time to 1/5 of the blocks but each algo can get multiple blocks before another algo gets a block.   Like you don't have to get a block from all 5 algos before it accepts scrypt again with updated re-targeting.

Ok, it's good then. Thank you.
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5x Multi-Algos do have 1 problem: if someone puts all his hashing power in one of sort of hash algo, he will earn only 1/5 as when he put his power to a single algo coin, doesn't he?
legendary
Activity: 1722
Merit: 1051
Official DigiByte Account
I have a question related to this "new multi-algo" system : you said that each algo will have it's own difficulty. Ok, I understand this. But what can happened if, one day, one algo is lacking of hashpower (like few days ago with our scrypt algo on DGB)? This will create some problems in the blockchain, isn't it?

Up...
Any algo can find the next block. Is is very unlikely 1 algo will find multiple blocks in a row but it can happen in that case. The difficulty re-targeting will be adjusted to prevent that. The key is 4 other algos will still be finding blocks. The problem would be mitigated.

They average out over time to 1/5 of the blocks but each algo can get multiple blocks before another algo gets a block.   Like you don't have to get a block from all 5 algos before it accepts scrypt again with updated re-targeting.
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Whats your issue 'soul eater'? Upset that some one dosent agree with you? Thats life, just like people wont agree with me. What kind of degenerate are you? Want 'emotions'..ok lemme eat dinner 1st..and Ill bite the hook of your e-fight for e-rep points that your clearly looking for.

You're the one who said that being concerned about heat was "suspicious".  It's OK I really believe you're a big man who bashes tools together because it's so tough.  Overcompensating for something or what?

I bash tools together? What? Are you on fucking drugs bro?

Lol - let's just leave it there it's a pointless argument.

Ok
full member
Activity: 159
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I have a question related to this "new multi-algo" system : you said that each algo will have it's own difficulty. Ok, I understand this. But what can happened if, one day, one algo is lacking of hashpower (like few days ago with our scrypt algo on DGB)? This will create some problems in the blockchain, isn't it?

Up...
legendary
Activity: 952
Merit: 1000
Whats your issue 'soul eater'? Upset that some one dosent agree with you? Thats life, just like people wont agree with me. What kind of degenerate are you? Want 'emotions'..ok lemme eat dinner 1st..and Ill bite the hook of your e-fight for e-rep points that your clearly looking for.

You're the one who said that being concerned about heat was "suspicious".  It's OK I really believe you're a big man who bashes tools together because it's so tough.  Overcompensating for something or what?

I bash tools together? What? Are you on fucking drugs bro?

Lol - let's just leave it there it's a pointless argument.
full member
Activity: 196
Merit: 100
Whats your issue 'soul eater'? Upset that some one dosent agree with you? Thats life, just like people wont agree with me. What kind of degenerate are you? Want 'emotions'..ok lemme eat dinner 1st..and Ill bite the hook of your e-fight for e-rep points that your clearly looking for.

You're the one who said that being concerned about heat was "suspicious".  It's OK I really believe you're a big man who bashes tools together because it's so tough.  Overcompensating for something or what?

I bash tools together? What? Are you on fucking drugs bro?
legendary
Activity: 952
Merit: 1000
Whats your issue 'soul eater'? Upset that some one dosent agree with you? Thats life, just like people wont agree with me. What kind of degenerate are you? Want 'emotions'..ok lemme eat dinner 1st..and Ill bite the hook of your e-fight for e-rep points that your clearly looking for.

You're the one who said that being concerned about heat was "suspicious".  It's OK I really believe you're a big man who bashes tools together because it's so tough.  Overcompensating for something or what?
full member
Activity: 159
Merit: 100
I have a question related to this "new multi-algo" system : you said that each algo will have it's own difficulty. Ok, I understand this. But what can happened if, one day, one algo is lacking of hashpower (like few days ago with our scrypt algo on DGB)? This will create some problems in the blockchain, isn't it?
full member
Activity: 196
Merit: 100
Whats your issue 'soul eater'? Upset that some one dosent agree with you? Thats life, just like people wont agree with me. What kind of degenerate are you? Want 'emotions'..ok lemme eat dinner 1st..and Ill bite the hook of your e-fight for e-rep points that your clearly looking for.
legendary
Activity: 952
Merit: 1000
Blake256      Kiss
Do you have any details or info on BLake? We know it was a Sha finalist and it is merged mined with a few coins. But what about hardware performance for GPUS?

The best person to ask about it is Bryce Weiner as he helped to develop Dirac.

Why, he admitadly just creates coins for absolutely no reason, comes up with some mumbo-jumbo tin foil hat crap to hope it catches interest, but never does a single usefull thing for any of the coins he makes, he's as pure as a pump/dump coin artist as one could possibly be. You want one of the algos to get locked in stone like that instantly? I guess there would be 4 others to choose from.
At this point we have not seen any technical data suggesting Blake would outperform Skein. Skein is very good for GPU mining right now and very few others have used it which makes it better for long term mine-ability for GPUs.



I'm personally a big fan of Skein.  The main reason I'm putting forward Blake is due to the opportunity to merge mine DGB with Blake coins, another good algo is Heavy (from Heavycoin)/Hefty(the specific implementation for Mjollnir) - which are even more cool running for Summer than Groestl.

Summer dosent last forever, any miner that complains about heat and switches to a coin just cause of that reason alone is only interested in one thing & not a positive for network support year round. I bought my GPU to work, not get coddled , its a tool, anyone 'selling' me the idea of using it in a less than optimal and less than maximum potential, has other motives.

I would be suspect of anyone who doesn't care about the heat.  We need more people mining at home rather than large hash farms.  Sorry if that hurts your feelings but it's better for the coin.

I buy a hammer to hit nails hard, I buy a socket & extender bar to horse down on, or break free bolts, I buy a saw to cut, I bought my GPU to work aswell. If heat is a deciding factor as to mining a coin with a GPU, you have the wrong tool for the job. Wrong tools for the job, dont get the job done. Not getting the job done would be equally bad for a coin. Sorry if reality hurts your feelings. The multi-algo approach gives those whom want to mine with their GPU's like myself the option to work hard, or not to. As far as huge hash farms, theres nothing wrong with them what so ever. Its the equal distribution of the large hash thats the potential problem. And if you think for one moment 'people @ home' dont have huge farms , your highly mistaken. Not that its the norm, its not.. however their not 'uncommon'.



Wow you must be a real man - do you bash yourself to sleep too? LMFAO
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I read somewhere about an idea that was about implementing an algorithm that required (or took good use of) instruction sets of modern cpu's to run properly, which could then be hard to optimize for gpus and asics. Dunno if that would be doable or a good idea at all though.
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Merit: 1000
Jared,
 Might be worth posting on their Reddit / BTC thread and asking them about your concerns. This could be a soft way to market to them. Smiley

YC

Jared,
 What about Quark? Seems to have a huge following and one of the most secure coins from my understand. Might drive in another huge community following if we integrate. I of course am no expert and could not speak of all the strengths/benefits.

YC

Multi-Algo testing is moving forward for #DigiByte. What is your favorite GPU mining algorithm right now & why? We want to explore several options while we have the opportunity right now.

Right now these are the algos we are leaning toward:

Edit: Multi-algo mining means DigiByte distribution will be split and weighted equally among 5 different mining algos. Each algo will have its own difficulty. This essentially puts SHA ASICs on an equally playing field with GPUs, Scrypts ASICs and to a limited degree CPU miners.

Algos that will be implemented for sure:
Algo #1: Scrypt (We started here, and embrace Scrypt ASICS here as a market to tap into)
Algo #2: Sha256 (Huge existing Bitcoin mining infrastructure to tap into)
Algo #3: Grostl: Outperforms x11 with lower temps, and higher hash. Most GPU friendly.

Open for Change:
Algo #4: Qubit: Best CPU algo, still GPU mine-able. 3:1 ratio to CPU for performance. Would allow new people with CPU only mining to get some coins.
Algo #4: Skein, Keccack, Blake, Quark... we are undecided here

Also, we are happy to announce multi-algo mining will dramatically reduce the chance of a 51% attack on the network. As well as making mining much more fair for everyone. To conduct a 51% attack an attacker would need control of 3 of the 5 algos.
YC,
Great idea. We will do some more research on quark as well. We know they had an issue with botnets to begin with but last we heard they had some updated mining software.
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