Author

Topic: Test ASIC's on Terracoin? (Read 1120 times)

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
November 26, 2012, 11:40:39 AM
#8
Only an idiot would waste valuable time at the ASIC release mining these other coins. Every day will be hugely important for maximum high returns before the hash rate truly skyrockets and profitability falls back inline to the norm.

Yes the idea was for someone to do it period. I never really said exactly when.
sr. member
Activity: 250
Merit: 250
November 25, 2012, 09:29:12 PM
#7
Only an idiot would waste valuable time at the ASIC release mining these other coins. Every day will be hugely important for maximum high returns before the hash rate truly skyrockets and profitability falls back inline to the norm.
420
hero member
Activity: 756
Merit: 500
November 25, 2012, 09:22:56 PM
#6
Someone will mine PPC with ASICs and will also with TRC if it is alive in a few months.

Difficulty will skyrocket.

How soon is difficulty recaculated for those coins?
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
November 25, 2012, 04:47:34 PM
#5
Someone will mine PPC with ASICs and will also with TRC if it is alive in a few months.

Difficulty will skyrocket.
legendary
Activity: 1484
Merit: 1005
November 25, 2012, 03:00:13 PM
#4
ASICs will work on both PPC and TRC, as they use the same algorithm (2x rounds of SHA256) as bitcoin.
newbie
Activity: 42
Merit: 0
November 25, 2012, 01:40:42 PM
#3
I for one would be very interested to see ASICS tested on Terracoin. It would drive the difficulty up like crazy (but thats inevitable) but because of the 2 minute block interval the Difficulty would settle again after a MUCH MUCH shorter time then Bitcoin.

Why not?


It would be interesting to see if the ASIC miners would work on TRC mining.  But in the end why would you use an ASIC to mine TRC instead of on BTC's and make money?
sr. member
Activity: 434
Merit: 250
November 06, 2012, 03:35:58 PM
#2
Seems like kind of a waste of the hashes at this point. Perhaps after bitcoin difficulty sky rockets from the ASIC assault.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
November 06, 2012, 10:25:52 AM
#1
I for one would be very interested to see ASICS tested on Terracoin. It would drive the difficulty up like crazy (but thats inevitable) but because of the 2 minute block interval the Difficulty would settle again after a MUCH MUCH shorter time then Bitcoin.

Why not?
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