Topic: Thread about GPU-mining and Litecoin - page 5. (Read 33238 times)

Are you saying he has disproved the sequential memory hardness for the ROMix algorithm from the original scrypt paper?  I don't see why mtrlt couldn't supply us with at least some of the mathematics behind his algorithm.

If mtrlt has really completed this code, he could easily create an account on a pool with a random username and password, start mining, and have someone log on and verify that he's actually get 1M/s with four miners.  It's really at no loss to him, he would only need to mine for a few minutes for the hash rate to be apparent to the other person.  Why hasn't he done this?

Those of you welcoming GPU mining for LTC/SC have kinda missed the point of why those currently hold the #2/#3 spot in the cryptocurrency world...

I have a decent gaming rig, which I can put to work GPU-mining BTC.  I have no need for more than one decent gaming rig, nor do I have even the faintest excuse to deck it out with quad 6990s.  I do, however, have access to somewhere around twenty i5/i7 cores, all sitting around doing nothing very useful 95% of the time.  I suspect, in that regard, I represent a fairly typical BitCoin enthusiast.

I became interested in mining a second cryptocurrency only because tennebrix (and then others) came up with a way to make CPU mining viable again... I figured, why not put the two or three decent machines I run at home, as well as a couple strays at my shop, onto a useful task instead of simply letting them sit around growing slowly more obsolete by the day?  I suspect I represent a fairly typical LTC/SC enthusiast, in that regard.

Put bluntly, if GPU mining becomes viable for LTC and/or SC, their entire raison d'etre vanishes.  We don't need to decide if we should react if mtrlt releases Reaper13 and it really does work 25x faster on GPUs; We need to decide how to react, and preferably have our changes ready to roll out on the very same day.  And while "do nothing" always counts as an option, in this case it counts as an option that effectively dooms this entire branch of BTC variants.

And yes, before anyone points out the various other problems with BitCoin that various spinoffs address, I understand this doesn't reduce solely to mining hardware issues; But really - It does, so far as most people care.

now only a few guys are ltc-gpu-mining and the 10/20%-profit depends on this private software...

it is only a snapshot of nice profit for only a few...

what will happen when this reaper13 is public?

one gpu-mining-circle of 2016 blocks may double the diff or just more...
then many will change the mined coins into btc, because btc-rigs would mine ltc with their power and most of them have to pay for electricity...

so the diff is up and the price is down...
what would happen to the ltc-gpu-miner?
they will quickly go back to btc-mining...

we have had similar settings with the dark pool(s) - botnets or private ltc-gpu-miner - who really knows...

additionally: ltc has a possible defense of a 51%-attack, when it should happen many gpu-miner who earn and like ltc would do ltc-gpu-mining in a defense-pool and the attacking dark pool can jump in the lake  

i think litecoin should not be afraid of a public reaper13...

yeah, reaper13, welcome to ltc  

No problem. You can obtain that Miner from mtrlt.
Just pay him 1 million $.

Sounds like his miner is a closely guarded secret then if he has the nerve to charge a $1 million for a mining app.I've never heard of 1 preson paying for a $1 million.Unless they're simply saying no chance of getting their miner instead (which I think is what they meant).

Also noticed that mtrit hangs about on Solidcoin talk as well: http://solidcointalk.org/user/374-mtrlt/
He created reaper miner and luuminer for Solidcoin mining, I just saw.

Can someone send me the LTC GPU Miner via PM or on here please as I want to see some evidence and to test this myself.Thanks.I think it's not fair that a few people have the GPU miner while the rest are just CPU mining so to the person who does GPU mine is,either release the miner or do something else (I'm not sure what this is but thats for others to decide).

Is it or is it not possible to GPU mine LTC?

Actually, I'd say that writing a faster miner and keeping it for your own use is adding to the security of the network, PROVIDED you are not using it to 51%. You're making it more expensive for people to attack the chain -- without the faster miner, people will have to purchase and run more hardware, or pay someone to develop software. Releasing it publicly puts everyone on equal footing, which is a hardware based level of security. If that was the case though, I don't know why anyone would post about it, unless you're simply trying to drum up drama.

So someone making a faster miner has to release it or they are "Taking advantage" of a cryptocurrency? Sad news indeed if that's the case. THANK YOU for your reasoned comments and your definitive stance on "I'm never touching that SolidCoin because one of the developers made a faster miner for another coin *snicker*" . It's unbiased heroes like you that make the world a better place!  

How about people blame coblee or the litecoin supporters for not coughing up anything? I paid mtrlt to release his SolidCoin miner and he did. But the brokeback mountain Litecoin supporters are so cheap they would rather believe everyone in the world is delusional except them.

You seem twice as smart as the trolls that support you, which says a lot I think. You're little community has my best wishes lol.

What is known is that the original thread claiming artforz and coblee were GPU mining was a FUD campaign.

What we are hearing now is that mtrlt is GPU mining and will not release code without compensation.



Why would CH want to let us all know this ? Why would CH tell us that the developer for their miner is taking advantage of other crypto currencies ?

Doesn't this show that taking advantage of people and open source projects is what they stand for ?

Or can they really believe that hurting others will highlight their coins "greatness" ?




I am a noob. I am not an expert. But thanks to this LTC fiasco, Solidcoin looks foolish, greedy and the farthest thing anyone would want from a OPEN currency. 

Reaper v12 doesn't support litecoin. Apparently v13 will.

Bump.....

I will be happy if coinhunter or ahimoth help me to solve it.

Publicity is publicity. It's thanks to people like you that have helped propel SC into the #2 cryptocurrency. Thanks again, keep caring, we appreciate it.

Thanks for playing the part in spreading the message of SolidCoin. No publicity is bad publicity remember You've been manipulated by coinhunter into caring.

Yeah I've seen your "well reasoned" chats on BTC-e. They go something like this "someone said blah so I believe them". Nice work there. The solidcoin community is going to need to take a while to recover from the news that someone of your caliber will not be joining us. With all your wisdom and experience it's a sad day for our little community!