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Topic: Gulden bringing CPU mining back with SIGMA - page 4. (Read 1810 times)

full member
Activity: 1148
Merit: 132
November 02, 2019, 02:17:03 PM
#11
I don't see miner. It's in wallet ?
I'm syncing for now ...

thats a problem with this coin you have to mine from your wallet
legendary
Activity: 3808
Merit: 1723
November 01, 2019, 11:45:02 PM
#10
The issue with these CPU mining only and Satoshi's original "One CPU One Vote" is that even though there are no ASICs there can still be some type of centralization and we have observed this with Monero throughout the years before they had to start changing their algo.

Monero was very famous for botnets, basically thru malware and viruses it infected thousands of computers which would secretely mine the coin without the owners permission. I observed this on my Grandma's computer even when I noticed that her CPU was always 100% and her laptop was always running hot and loud.

So even if this coin has a huge market cap, there will still be some type of centralization even though its CPU only. That's why a hybrid of CPU and GPU is the best algo for decentralization.
sr. member
Activity: 1246
Merit: 274
November 01, 2019, 09:19:07 PM
#9
Does anyone know if Yobit exchange is scam exchange? I can trade on this one. Have asked for them to confirm if Gulden wallet is working but no reply. I don't understand why this coin not on any main Asian exchanges.

Edit: Yobit looks to be Scam exchange
https://bitcointalksearch.org/topic/yobit-scam-exchange-4327871

Many miners with extensive experience (ie those that mined way before the 2017 bull run) refer to Yobit as "Yoshit" due to how crappy and dishonest they are.  Don't waste any time or funds on that exchange.
newbie
Activity: 14
Merit: 0
October 31, 2019, 01:11:59 PM
#8
Does anyone know if Yobit exchange is scam exchange? I can trade on this one. Have asked for them to confirm if Gulden wallet is working but no reply. I don't understand why this coin not on any main Asian exchanges.

Edit: Yobit looks to be Scam exchange
https://bitcointalksearch.org/topic/yobit-scam-exchange-4327871
sr. member
Activity: 661
Merit: 250
October 31, 2019, 12:54:25 PM
#7
I don't see miner. It's in wallet ?
I'm syncing for now ...
jr. member
Activity: 65
Merit: 1
October 31, 2019, 12:12:17 PM
#6
There was 2 complaints from miners from China that they don't have any place to sell Gulden as it's only listed on Bittrex and Nocks which I don't think they have access too.
However it's a great coin to mine if you from Europe and especially NL as their is merchants that accept the coin.

It's also one of the few minable coins that are investing in development.

1. Witnessing - complete
2. Linked of your mobile wallets to your desktop wallets. Decentralized linking. Complete.
3. PoW2 - Phase 1-3 complete, phase 4 early next year.
4. SegSig coming next month which is 58% saving on all blockchain transactions. SegWit was around 30%.





newbie
Activity: 37
Merit: 0
October 30, 2019, 03:57:41 PM
#5
Already ran miners. Profit at the level of some other CPU coins. Thank you authors here is such topics)
jr. member
Activity: 65
Merit: 1
October 30, 2019, 03:01:54 PM
#4
i dont have much faith in "CPU coins", tho the medium article SOUNDS like they want to be able to change it as much as needed, like XMR
most of them have private GPU miners within 24 hours tho, and public ones within a few days : /
FPGAs come within 30 days after that or less if the algo is worth it
Ill take a look into this, but i doubt it will bring CPU mining back for long, the best implementation was imo zcoin,before mtp they did a 1:1 cost thing on cpu/gpu and did it pretty well


Looks to be holding strong as a CPU algorithm. No signs of GPU mining yet.
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
October 10, 2019, 02:02:47 PM
#3
i dont have much faith in "CPU coins", tho the medium article SOUNDS like they want to be able to change it as much as needed, like XMR
most of them have private GPU miners within 24 hours tho, and public ones within a few days : /
FPGAs come within 30 days after that or less if the algo is worth it
Ill take a look into this, but i doubt it will bring CPU mining back for long, the best implementation was imo zcoin,before mtp they did a 1:1 cost thing on cpu/gpu and did it pretty well
hero member
Activity: 1106
Merit: 527
October 09, 2019, 01:57:54 PM
#2
Already GPU mining market went down and I am not sure how this cpu mining is possible to grow in this time. Please study the mining market before you start into it.
Core process of CPU will be damaged right? If it is different instead of link you can explain it.
jr. member
Activity: 65
Merit: 1
October 09, 2019, 01:51:56 PM
#1
SIGMA goes live on the 16th October. This is like a reset for users that never got to experience CPU mining with bitcoin with a coin that is constantly developing.

https://medium.com/@Gulden/sigma-is-here-c33724e6de5d

https://medium.com/@MacLeod_MJ_za/an-introduction-to-sigma-the-new-cpu-friendly-algorithm-for-gulden-9395b2db9357

Gulden is the most underrated coin in crypto history to this point. Other innovations which make this blockchain immune to 51% below.

https://medium.com/@MacLeod_MJ_za/pow%C2%B2-explored-a-post-launch-look-at-some-of-the-security-implications-2773fc11e50c
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