Next Hashlet Prime Algo is Scrypt N?

tom99

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Quote from: petersiddle98 on October 29, 2014, 10:39:43 PM

Quote from: tom99 on October 29, 2014, 10:10:26 PM

Quote from: kingcolex on October 29, 2014, 08:07:31 AM

Okay so the GAW Ceo had made a statement saying they had recently purchase 5Petahash worth of Hardware from Bitmain, now we all know how business works and the basics of it, so when you see that Bitmain has been developing a scrypt system (and we all know how much Gaw mines with scrypt) the L1 you can easily come to the conclusion that there will be some purchased by GAW especially since these miners are now "Sold Out" and many don't pre-order in the mining game. So this leads the to speculation that GAW will be making the next ALGO that primes can mine as Scrypt N giving a slight boost to profits, but keep in mind that Vertcoin is leaving N algo and others may follow suit.

I think scrypt N useless and vtc will change to new algo in Dec or soon.

Agree, and did they come out with asic for scrypt-n?

I think Zeus and bitmain do in Dec but KNC out of scrypt N. I dont think Scrypt N will be any useful in the future.

petersiddle98

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Quote from: tom99 on October 29, 2014, 10:10:26 PM

Quote from: kingcolex on October 29, 2014, 08:07:31 AM

Okay so the GAW Ceo had made a statement saying they had recently purchase 5Petahash worth of Hardware from Bitmain, now we all know how business works and the basics of it, so when you see that Bitmain has been developing a scrypt system (and we all know how much Gaw mines with scrypt) the L1 you can easily come to the conclusion that there will be some purchased by GAW especially since these miners are now "Sold Out" and many don't pre-order in the mining game. So this leads the to speculation that GAW will be making the next ALGO that primes can mine as Scrypt N giving a slight boost to profits, but keep in mind that Vertcoin is leaving N algo and others may follow suit.

I think scrypt N useless and vtc will change to new algo in Dec or soon.

Agree, and did they come out with asic for scrypt-n?

tom99

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Activity: 420

Merit: 250

Quote from: kingcolex on October 29, 2014, 08:07:31 AM

Okay so the GAW Ceo had made a statement saying they had recently purchase 5Petahash worth of Hardware from Bitmain, now we all know how business works and the basics of it, so when you see that Bitmain has been developing a scrypt system (and we all know how much Gaw mines with scrypt) the L1 you can easily come to the conclusion that there will be some purchased by GAW especially since these miners are now "Sold Out" and many don't pre-order in the mining game. So this leads the to speculation that GAW will be making the next ALGO that primes can mine as Scrypt N giving a slight boost to profits, but keep in mind that Vertcoin is leaving N algo and others may follow suit.

I think scrypt N useless and vtc will change to new algo in Dec or soon.

kingcolex

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Quote from: jadefalke on October 29, 2014, 02:15:09 PM

i think by the time they get the asic's scrypt-n will be no more part of the game at all.

Well it looks like there is currently 4 big Scyrpt N coins with Vertcoin being the second most valuable and if it disapeered by the time the algo change rolled around, 1mh of scrypt N will give still about 1$ a day which would help ROI for quite a while until all of N was worthless.

jadefalke

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i think by the time they get the asic's scrypt-n will be no more part of the game at all.

notlist3d

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Quote from: kingcolex on October 29, 2014, 08:07:31 AM

Okay so the GAW Ceo had made a statement saying they had recently purchase 5Petahash worth of Hardware from Bitmain, now we all know how business works and the basics of it, so when you see that Bitmain has been developing a scrypt system (and we all know how much Gaw mines with scrypt) the L1 you can easily come to the conclusion that there will be some purchased by GAW especially since these miners are now "Sold Out" and many don't pre-order in the mining game. So this leads the to speculation that GAW will be making the next ALGO that primes can mine as Scrypt N giving a slight boost to profits, but keep in mind that Vertcoin is leaving N algo and others may follow suit.

I think it's a cat and mouse game. Some of the asic resistant coins will always keep moving.

The fist to do N, X11, etc will see a big possibility of profit. I am guessing the first N will be private for a little while, eventually making it to market. GAW has a lot of money where who knows what is possible for them to do.

kingcolex

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Activity: 254

Merit: 1258

Okay so the GAW Ceo had made a statement saying they had recently purchase 5Petahash worth of Hardware from Bitmain, now we all know how business works and the basics of it, so when you see that Bitmain has been developing a scrypt system (and we all know how much Gaw mines with scrypt) the L1 you can easily come to the conclusion that there will be some purchased by GAW especially since these miners are now "Sold Out" and many don't pre-order in the mining game. So this leads the to speculation that GAW will be making the next ALGO that primes can mine as Scrypt N giving a slight boost to profits, but keep in mind that Vertcoin is leaving N algo and others may follow suit.

Topic: Next Hashlet Prime Algo is Scrypt N? (Read 1402 times)