Topic: NobleCoin[NOBL] - 8% PoS | 1Yr+ | MARKETPLACE | PAY | GIFT | CHARITIES/MERCHANTS - page 246. (Read 1053172 times)

They used to rock until the board started blocking BBB code in them.

Those of you thinking on the algo situation should get in touch with this guy.

 DO NOT POST SESC LINKS

 

Can't take the credit for it though, I stole it from someone else

changing mine on account of yours being cooler.. lol

Thank you

Lol

Mine is

Can someone please make a copy paste signature I can use? with the nobl sign and all the links?
Might be even a good idea to post it in the main thread?


I tried to do it myself but I am half retard.

I was wondering that, haven't seen anything.

Is it going to be an official vote, or just taking note of our opinions on the thread?

So is there a separate thread for discussion on what fork we should take? I haven't seen anything really since Rofo posted his update. Is the change happening in ~2 weeks? If so, has the team already picked out the specifics?

^ yeah, this is really true... but when we consider the operation cost per month (monthly electricity bills) and the cash outlay for the GPUs and other HW used on a GPU based mining rig and compare it with the operation cost per month and cash out lay in buying an ASIC based miner (let's say, a Gridseed G-Blade), the money involved will be night and day... then once we will plug in the hash rate, the comparison would be a no brainer... looking forward, we could not predict when the scrypt algo would die down... maybe, in a long term (let say, 5 yrs from now), scrypt might still be used or abandoned... we just can't can see the future... the only sure thing is that, Technology will always evolve...

asics are still very profitable for now. so yes currently they are the most efficient way of gaining btc via mining. the major risk with purchasing asics is that if for some reason they become obsolete they unfortunately dont have any other application. "expensive toasters".

reading on all comments here (i'm a newbie... just less than a month old in crypto currency mining)... i'm now hesitant to add 4 more MSI R9 270x Hawks in my dedicated mining rig... i might be better off in buying Gridseed G-Blades... what do you think guys?... but, my inner self is more inclined on a dedicated GPU mining rig... for hobby purposes... as well as for display...  ... the down side would be, my electricity bill per month... hhhaaaayyyy...

please comment... i'll use your inputs on my decision analysis...

thanks...

a small error on my part for not reading the report thoroughly but here it is

https://terrahash.com/product/terrahash-dx-large/

it seems the company's name and product is called the terrahash. these will run at 180gh meaning if someone bought 5 theyd be able to generate about $1000 a day from any coin in BTC. this is not good for the value of crypto. asics have a better place in pos coin multipools.. generating constant buy pressure on coins on the market and generating growth in value. which in turn attracts more investors. on the contrary.. i predict that the availability of higher and higher asic rates at cheaper and cheaper prices will only serve to absolutely rape the scrypt asic coins and their value will drop again violently as it did from .04btc/mh per 24hrs.. to now.. 0.001btc in the months from december to march. the coins will not be able to generate enough investment and mining profitability will fall across the board. the scrypt protocol can be considered compromised in my view because of this.

i imagine however, that a terrahash model will not be far out of view for this company considering their name.

EDIT: ok on closer inspection this is a standard bitcoin asic.. but there are these

http://www.cryptocoinsnews.com/news/kncminer-upgrades-titan-scrypt-asic-100-mhs-250-mhs-free-charge/2014/03/27

and this

https://www.mining-asics-technologies.com/product/excalibur-5-asic-scrypt-miner-250-mhs/

so 2 of these would be able to dump 1btc+ worth of coins per day. and more depending on profitability. realize i mixed up my Ghs and Mhs above there.. im a bit tired and it's late lol. but the same theology applies. scrypt coins are most vulnerable to asic farm attacks in the future which will make them the weakest coins on the market. their value can be suppressed for a long time.

Please provide me a source documenting TH/s sCrypt ASICs. I have not heard about this at all. A 1TH/s miner would be well over 3 times the magnitude greater than the Titans that KNC are scheduled to deliver during Q3. And their second batch that is slated for end of Q4 will most likely only be a ~25% hash improvement. With the geometries involved in making their Titan I can’t possibly see a sCrypt miner with 1TH/s power in the same form factor as a Titan even in the next three years. And if something like that comes out, that’ll solidify the place of sCrypt coins in the cryptocurrency world.

As for “larger profit margins” I agree and disagree. I agree that the luckiest few that get miners first will be able to enjoy significant profit parity; but as more and more people get ASICs, that parity dwindles substantially as ASIC becomes the norm. In the end, the ones who suffer are the GPU miners who refuse to get ASICs. And frankly, I’m not all too sorry for that; just like all businesses equipment and hardware has to change with each new iteration. I know some will argue for the hobbyists, but let's be honest, name me one other hobby that returns as much as coin mining for relatively little effort? People should feel lucky that they have been able to have such a handsomely rewarding hobby like this for this long. Anyhow, getting back on track. Security should be a trumping factor in the worthiness of a public ledger. As for what GPUs should move on to? The next algorithm basically. It’s a cycle that in my eyes will keep happening until there is once again too much saturation in algorithms. By then though, I don’t see 99% of the coins that exist today still being around.

The more and more I look at this, the more I see GPUs just being the gateway to determining what will be the next algorithm to secure. And maybe at the end of the road, GPUs can go back to doing what they were designed to do: rendering video and displays.

I hope no one from the Noble team got this problem:
http://www.news.com.au/national/breaking-news/government-snatches-idle-accounts/story-e6frfku9-1226949007917

Ow and maybe for some lucky guys:
http://www.forbes.com/sites/kashmirhill/2014/06/12/silk-road-bitcoin-on-the-move-as-government-prepares-to-auction-off-18-million-worth/

I trade in other P&D shitcoin and use the profit to buy Noble.......costing me nothing.

nobl.poolerino.com is back online. Sorry for the ddos caused downtime.

Mike

exactly, can"t agree more. this is also what warren buffet states: sell when others are buying, buy when others are selling.

Yes, finally....took us 72h inkl. new servers, new hoster and more... what a ride. Dumb ddos attackers.