Author

Topic: Need an energy efficient algo (Read 492 times)

hero member
Activity: 798
Merit: 1000
May 07, 2013, 06:14:19 PM
#4
You are never going to have an energy efficient coin if proof of work is required to secure the network. You can also, with some ingenuity, have a coin that is both ASIC and botnet unfriendly. It just has to be mining-unfriendly in general. The link is in my signature for such a proposal.
full member
Activity: 157
Merit: 100
May 07, 2013, 05:56:19 PM
#3
For everyone paying for power such as myself. We really need a developer to create a coin that is energy efficient as all scrypt coins take about an additional 20% power/day then SHA-256 which I would never mine scrypt coins if ASIC's didn't ruin SHA-256.

What is the main difference between the 2 that causes the high energy usage? it is just basically because of the need for memory clock?

go for md5, that's quite fast  Grin
legendary
Activity: 1386
Merit: 1004
May 07, 2013, 05:12:30 PM
#2
( ) ASIC friendly
( ) Botnet friendly

Choose one.

There could be a coin that had HUGE memory requirements on the order of 8gb or more that could cut out both but if course require the purchase of memory.

Memcoin.  You heard it here first.
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
May 07, 2013, 12:25:52 PM
#1
For everyone paying for power such as myself. We really need a developer to create a coin that is energy efficient as all scrypt coins take about an additional 20% power/day then SHA-256 which I would never mine scrypt coins if ASIC's didn't ruin SHA-256.

What is the main difference between the 2 that causes the high energy usage? it is just basically because of the need for memory clock?
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