Author

Topic: New algo to combat Nicehash (Read 386 times)

hero member
Activity: 756
Merit: 507
November 15, 2017, 07:13:20 AM
#3
Last few month I've noticed bad tactics from nice hash, we all Know what they do.
They pile on the coin, destroy the difficulty , take all the coins and then cut back on hash till difficulty levels lower.

So gpu mining  algo  gets updates to make sure asics can't mine.

Well why isn't the same thing as Asic  protection happening with Nice hash. ?

Nice hash in its current form can be classed as hostile due to the way it works and it needs Tobe changed as with asics , nice hash has a unfair advantage which makes mining along side it unfair, hence why I call it hostile.

Sometimes you can use Nicehash for good, if used wit caution
but sometimes someone stupid put the crazy order which send the diff right to the Moon
And best we can do - switch to another coin for such moments
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
November 15, 2017, 06:46:11 AM
#2
Last few month I've noticed bad tactics from nice hash, we all Know what they do.
They pile on the coin, destroy the difficulty , take all the coins and then cut back on hash till difficulty levels lower.

So gpu mining  algo  gets updates to make sure asics can't mine.

Well why isn't the same thing as Asic  protection happening with Nice hash. ?

Nice hash in its current form can be classed as hostile due to the way it works and it needs Tobe changed as with asics , nice hash has a unfair advantage which makes mining along side it unfair, hence why I call it hostile.

Because it's trivially easy to implement support for a new algo on their pools.

Unfortunately, there isn't a solution that would prevent coins to be mined by pools. If a coin would come along that can only be solomined, that would be great but it can't be done as far as I know. Spreadcoin tried but ocminer proved them wrong because he managed to make it work on a pool.

full member
Activity: 154
Merit: 100
November 15, 2017, 03:36:53 AM
#1
Last few month I've noticed bad tactics from nice hash, we all Know what they do.
They pile on the coin, destroy the difficulty , take all the coins and then cut back on hash till difficulty levels lower.

So gpu mining  algo  gets updates to make sure asics can't mine.

Well why isn't the same thing as Asic  protection happening with Nice hash. ?

Nice hash in its current form can be classed as hostile due to the way it works and it needs Tobe changed as with asics , nice hash has a unfair advantage which makes mining along side it unfair, hence why I call it hostile.
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