Topic: SolidCoin v2.0 features new hashing algorithm, faster on CPUs - page 8. (Read 12202 times)
September 17, 2011, 02:34:28 AM
Interesting, bringing back the cpu mining. Wonder how my OC'd 3.9ghz 1090T will do?
September 17, 2011, 02:29:16 AM
Yeah, if the SC2 mining is CPU based, we can mine 2 blockchains at the same time 
September 17, 2011, 02:22:01 AM
good stuff.
September 17, 2011, 02:18:33 AM
http://solidcointalk.org/topic/220-solidcoin-v20-update-1/
So for those of you who don't pop into IRC too often you will have missed some of the latest news on SolidCoin v2.0
It will now be CPU mining based instead of GPU based. Why is this? Well the blockchain format has changed to be more efficient for pools and networking, and due to this new miners were needed. Since new miners were needed anyhow I thought I may as well change the way block headers are hashed so that CPUs are more efficient (currently and for the near future) processing hashes as this gives SolidCoin numerous benefits.
1) You can still mine other coins like Bitcoin whilst simultaneously mining SolidCoins on your CPU
2) The amount of coins generated will be the same as the network adjusts difficulty based on number of hashes
3) No more need to run a separate miner, you can connect to your own client and pools from SolidCoin v2.0 itself, much easier to get your friends mining which will bring balance to the network
So for those of you who don't pop into IRC too often you will have missed some of the latest news on SolidCoin v2.0
It will now be CPU mining based instead of GPU based. Why is this? Well the blockchain format has changed to be more efficient for pools and networking, and due to this new miners were needed. Since new miners were needed anyhow I thought I may as well change the way block headers are hashed so that CPUs are more efficient (currently and for the near future) processing hashes as this gives SolidCoin numerous benefits.
1) You can still mine other coins like Bitcoin whilst simultaneously mining SolidCoins on your CPU
2) The amount of coins generated will be the same as the network adjusts difficulty based on number of hashes
3) No more need to run a separate miner, you can connect to your own client and pools from SolidCoin v2.0 itself, much easier to get your friends mining which will bring balance to the network
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