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Topic: ETC / Ethereum Classic is testing a change of its mining algo - page 2. (Read 809 times)

hero member
Activity: 742
Merit: 503
thanks so much for sharing! I feel exited. I just wonder when? anyway, it seems to me i'll have to reconsider my equipment. i hope to get some good profit from it. Bitstream will be developed in a due course, i guess? Really, news are great but it rises lots of questions.
whether it's me who'd dull here or it's something that has been hidden on purpose.
hero member
Activity: 2772
Merit: 524
Leading Crypto Sports Betting & Casino Platform
I think by the time of the transition from testnet to the mainnet, various GPU miners will appear.
Perhaps even at the moment they are being developed.

that's already developed from a long time ago. CG and cuda miner already supported keccak and this has already confirmed. Some people already anticipated the release of keccak or especially this day when there was crypto that will use a new algo caused by the security breach.
If this is old algo, then it is not clear why the article article says that the only way to mine is use Python CPU miner.
Those articles are not relevant for me but just try to visit its official announcement will bring you to the algo that supported by cuda miner and keccak already supported by cuda from 2014. https://cryptomining-blog.com/tag/cgminer-3-7-3/
cg has already supported keccak for maxcoin mining too.
legendary
Activity: 2842
Merit: 1168
I think by the time of the transition from testnet to the mainnet, various GPU miners will appear.
Perhaps even at the moment they are being developed.

that's already developed from a long time ago. CG and cuda miner already supported keccak and this has already confirmed. Some people already anticipated the release of keccak or especially this day when there was crypto that will use a new algo caused by the security breach.
If this is old algo, then it is not clear why the article article says that the only way to mine is use Python CPU miner.
hero member
Activity: 2772
Merit: 524
Leading Crypto Sports Betting & Casino Platform
I think by the time of the transition from testnet to the mainnet, various GPU miners will appear.
Perhaps even at the moment they are being developed.

that's already developed from a long time ago. CG and cuda miner already supported keccak and this has already confirmed. Some people already anticipated the release of keccak or especially this day when there was crypto that will use a new algo caused by the security breach.
legendary
Activity: 2842
Merit: 1168
I think by the time of the transition from testnet to the mainnet, various GPU miners will appear.
Perhaps even at the moment they are being developed.
member
Activity: 357
Merit: 26
Algo for FPGA. This will hurt gpu mining even more by moving gpu miners off that coin onto something else.

But it takes time to make bitstreams to FPGA or to create Asics, they are doing this to prevent 51% atacks, they will need the community to achieve this, not only big miners

Throughput comparison graphic in the article shows a xilinx FPGA running various algos including keccak256. It'll be a matter of month if not less before the network is controlled by FPGA. Given that its a large enough coin, bitstreams will be developed while its on the testnet. ASICs will follow within a year. This change does nothing for gpu miners. Just another fpga/asic mined shitcoin.


As rdluffy said, the aim is to mitigate 51% attacks, which completely makes sense. ETC is totally at risk on current algo given it's value and nethash vs ETH, and progpow or not that's not gonna change. Moving to a proven algo does fix it.

Sure, asics might follow much later, but there's a deal of difference in needing to maliciously engineer asics to conduct an attack vs popping onto Nicehash for a minute.
full member
Activity: 630
Merit: 100
I was wondering why the price of ethereum classic was rising, must be related to the prevention of asics. CPU miners will be more abundant but their power will be less, interesting to see what happens
jr. member
Activity: 33
Merit: 2
Algo for FPGA. This will hurt gpu mining even more by moving gpu miners off that coin onto something else.

But it takes time to make bitstreams to FPGA or to create Asics, they are doing this to prevent 51% atacks, they will need the community to achieve this, not only big miners

Throughput comparison graphic in the article shows a xilinx FPGA running various algos including keccak256. It'll be a matter of month if not less before the network is controlled by FPGA. Given that its a large enough coin, bitstreams will be developed while its on the testnet. ASICs will follow within a year. This change does nothing for gpu miners. Just another fpga/asic mined shitcoin.
legendary
Activity: 2226
Merit: 1304
Algo for FPGA. This will hurt gpu mining even more by moving gpu miners off that coin onto something else.

But it takes time to make bitstreams to FPGA or to create Asics, they are doing this to prevent 51% atacks, they will need the community to achieve this, not only big miners
jr. member
Activity: 33
Merit: 2
Algo for FPGA. This will hurt gpu mining even more by moving gpu miners off that coin onto something else.
legendary
Activity: 2226
Merit: 1304
Great news, mining with CPU will be profitable again, no Asics for a period of time, I'll jump in ETC for sure  Grin
ETC is a big coin and other devs will be looking to see what is going to happen with this change of algo, let's see how can we mine
full member
Activity: 1120
Merit: 131
Details here:

https://medium.com/@antsankov/the-what-why-and-how-of-astor-testnet-e7366ba2a730

In short, new algo would be SHA3 aka Keccak256

The usual thing in etc project. Now the one who is the first to re-arrange in the first week will get the best profit.
Many miners did not hear about this news at this stage, and the sites where mining profit is calculated have not yet rebuilt their algorithms.

It's a testnet, there is no date of fork or height announced yet. So you can held your horses Wink
sr. member
Activity: 924
Merit: 255
Details here:

https://medium.com/@antsankov/the-what-why-and-how-of-astor-testnet-e7366ba2a730

In short, new algo would be SHA3 aka Keccak256

The usual thing in etc project. Now the one who is the first to re-arrange in the first week will get the best profit.
Many miners did not hear about this news at this stage, and the sites where mining profit is calculated have not yet rebuilt their algorithms.
newbie
Activity: 111
Merit: 0
oh wow
this implementation will really push cpu mining back like in the glory days in the past
gonna get my threadripper ready for this
Is there a way to implement this algo on GPUs?
full member
Activity: 585
Merit: 110
oh wow
this implementation will really push cpu mining back like in the glory days in the past
gonna get my threadripper ready for this
full member
Activity: 1120
Merit: 131
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