Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 242. (Read 1232727 times)
April 30, 2014, 08:10:43 AM
If Dev said he will hard fork in case Scrypt-N Asics are developed then why everyone is bothered about any of FlowerTech shit that is not even real on paper.
April 30, 2014, 07:47:33 AM
Game over, it seems.
Let's not get carried away shall we, given that FlowerTech are the same company that claimed about 6 weeks ago they would be able to mine Scrypt-N, and were found to be using pictures of Intel NICs on their site implying they were product photos.
Seriously.
I love how people go into a panic over something that doesn't even exist yet. All of a sudden they forget everything the devs have said in terms of what will be done if an ASIC is released that can mine N-Scrypt. I'm sure 90% of it is FUD creators/haters, but still. If you're scared sell now, I'm sure others would like some cheap coins
April 30, 2014, 07:23:23 AM
Game over, it seems.
Let's not get carried away shall we, given that FlowerTech are the same company that claimed about 6 weeks ago they would be able to mine Scrypt-N, and were found to be using pictures of Intel NICs on their site implying they were product photos.
CORRECTION: Someone pointed out to me that it was Bliss Devices and not FlowerTech who used pictures of Intel NICs in their marketing.
April 30, 2014, 05:38:17 AM
Flower Technology is claiming that their ASIC will support Scypt-N up to N=16384
https://litecointalk.org/index.php?topic=7930.1350
https://www.flowertechnology.com/wp-content/uploads/2014/04/Accouncement-290414.pdf
I think here not good place for Your scam preorders. We all know what preorders mean first second Vertcoin community hard believes Decentralization and gpu/cpu mining that is one of the cores of this coin ideas so even if it will not be scam in which I doubt 99.99% We will simply change algo .So in all cases You can't sell that asics here. Go in Doge and ltc threads.Read header We don't buying ASICS, We beating whem.. https://litecointalk.org/index.php?topic=7930.1350
https://www.flowertechnology.com/wp-content/uploads/2014/04/Accouncement-290414.pdf
Quote from: Brock
Check www.flowertechnology.com for HUGE updates in regards to specs and two new units!!
ALSO: WE HAVE SECRETLY BEEN WORKING TO IMPLEMENT SUPPORT FOR SCRYPT-N SUPPORT UP TO N=16384!!! We have been successful and now our ASIC is capable of mining any Scrypt-N coins such as Vertcoin
ALSO: WE HAVE SECRETLY BEEN WORKING TO IMPLEMENT SUPPORT FOR SCRYPT-N SUPPORT UP TO N=16384!!! We have been successful and now our ASIC is capable of mining any Scrypt-N coins such as Vertcoin
April 30, 2014, 05:33:41 AM
Mine Vertcoin on CrunchPool, the most stable P2Pool node!
http://p2pool.crunchpool.com:9171
April 30, 2014, 05:33:26 AM
Haha. I won't believe in the flower power till i see one!
April 30, 2014, 05:19:20 AM
Flower Technology is claiming that their ASIC will support Scypt-N up to N=16384
https://litecointalk.org/index.php?topic=7930.1350
https://www.flowertechnology.com/wp-content/uploads/2014/04/Accouncement-290414.pdf
https://litecointalk.org/index.php?topic=7930.1350
https://www.flowertechnology.com/wp-content/uploads/2014/04/Accouncement-290414.pdf
Quote from: Brock
Check www.flowertechnology.com for HUGE updates in regards to specs and two new units!!
ALSO: WE HAVE SECRETLY BEEN WORKING TO IMPLEMENT SUPPORT FOR SCRYPT-N SUPPORT UP TO N=16384!!! We have been successful and now our ASIC is capable of mining any Scrypt-N coins such as Vertcoin
ALSO: WE HAVE SECRETLY BEEN WORKING TO IMPLEMENT SUPPORT FOR SCRYPT-N SUPPORT UP TO N=16384!!! We have been successful and now our ASIC is capable of mining any Scrypt-N coins such as Vertcoin
Yes, and also they can mine X11 coin like drk. Super i´ll order 10. I am sure they can also mine the new not yet announced Hash0815 algo
They don't provide performance number for scrypt-n...
I guess they are not that good, probably not competitive with gpu price wise.
April 30, 2014, 05:15:15 AM
Vtc devs said they would hard fork if need be to get rid of ASICs, so yeah, there goes Flower who.
Also, scrypt asics cost a LOT of money and aren't delivered on time...basically a manufacturer's game->centralization.
We don't want that and we'll vote with our wallets and hash.
Also, scrypt asics cost a LOT of money and aren't delivered on time...basically a manufacturer's game->centralization.
We don't want that and we'll vote with our wallets and hash.
April 30, 2014, 04:34:57 AM
Are you serious right now?
Their ASIC is designed to be optimal calculating one specific algorithm with one specific memory requirement, scrypt:1024 (litecoin) and the memory requirement for Vertcoin is much different. Of course they don't mention any hashrate with vertcoin because it would obviously suck. And no info at all about their product's memory.
There's a difference between being "capable of" and "efficient at"
Their ASIC is designed to be optimal calculating one specific algorithm with one specific memory requirement, scrypt:1024 (litecoin) and the memory requirement for Vertcoin is much different. Of course they don't mention any hashrate with vertcoin because it would obviously suck. And no info at all about their product's memory.
There's a difference between being "capable of" and "efficient at"
that makes sense....gridseed are low speed ASIC. But the main advantage of these low tech ASICs is power efficiency compared to GPU mining.
April 30, 2014, 04:31:40 AM
Are you serious right now?
Their ASIC is designed to be optimal calculating one specific algorithm with one specific memory requirement, scrypt:1024 (litecoin) and the memory requirement for Vertcoin is much different. Of course they don't mention any hashrate with vertcoin because it would obviously suck. And no info at all about their product's memory.
There's a difference between being "capable of" and "efficient at"
Their ASIC is designed to be optimal calculating one specific algorithm with one specific memory requirement, scrypt:1024 (litecoin) and the memory requirement for Vertcoin is much different. Of course they don't mention any hashrate with vertcoin because it would obviously suck. And no info at all about their product's memory.
There's a difference between being "capable of" and "efficient at"
April 30, 2014, 04:24:00 AM
Before you all jump to conclusion let me speak about flower tech. They are in the same state as alpha marketting with gpu as competition in mind. So with knc and zeus suddenly came up marketting with much better spec and especially earlier delivery for zeus they are hardpressed to deliver something better.
Flowertech is also the least communicative in litecointalk at least alpha has taped out. No communications whatsoever from brock.
I believe in vertcoin devs.
Flowertech is also the least communicative in litecointalk at least alpha has taped out. No communications whatsoever from brock.
I believe in vertcoin devs.
April 30, 2014, 04:21:26 AM
Flower Technology is claiming that their ASIC will support Scypt-N up to N=16384
https://litecointalk.org/index.php?topic=7930.1350
https://www.flowertechnology.com/wp-content/uploads/2014/04/Accouncement-290414.pdf
https://litecointalk.org/index.php?topic=7930.1350
https://www.flowertechnology.com/wp-content/uploads/2014/04/Accouncement-290414.pdf
Quote from: Brock
Check www.flowertechnology.com for HUGE updates in regards to specs and two new units!!
ALSO: WE HAVE SECRETLY BEEN WORKING TO IMPLEMENT SUPPORT FOR SCRYPT-N SUPPORT UP TO N=16384!!! We have been successful and now our ASIC is capable of mining any Scrypt-N coins such as Vertcoin
ALSO: WE HAVE SECRETLY BEEN WORKING TO IMPLEMENT SUPPORT FOR SCRYPT-N SUPPORT UP TO N=16384!!! We have been successful and now our ASIC is capable of mining any Scrypt-N coins such as Vertcoin
Game over, it seems.
The litecointalk thread says that they plan to ship in Q3. I'll believe their claims when I see a working demo, but suppose they do work:
Q. What is the point of Vert, when it went out of its way to attract LTC miners and ASIC haters with a stance on keeping ASICs out of CPU and GPU mining?
never posted here, but would genuinely be interested to see how to keep ASICs out of GPU mining as I have a bunch of R9 290s and I quite like mining. I have been mining Darkcoin, but that is no longer profitable to mine, so I'm looking for something else to mine, currently testing out PoS with SummerCoin (not spamming, its already half-way through the 7 day minting stage)
April 30, 2014, 03:59:35 AM
Dont know about you but im dumping all my Vert....not going to wait for the panic and big drop.
April 30, 2014, 03:51:59 AM
So we sell all?
April 30, 2014, 02:57:58 AM
Yes, and also they can mine X11 coin like drk. Super i´ll order 10. I am sure they can also mine the new not yet announced Hash0815 algo
Denial is the first stage of grief.
I have lost soo much money on VTC, it doesn´t matter to me.
I am sure if you order there you will lost much more than me
April 30, 2014, 02:51:52 AM
Even a smartphone could mine SCRYPT-N up to N=16384. It might not be difficult to implement to ASICs, but the hashrate has to be ridiculously low
The hashrate of GPUs is also lower on Scrypt-N compared to Scrypt, going lower with higher N. Likewise, this ASIC on Scrypt-N mode will hash more slowly than on Scrypt mode. But hashing power is all relative so it doesn't matter.
edit: I don't think the ASIC's hash rate would decrease linearly with N like with GPUs. It's probably worse than that, but the overall hashrate of these things is so massive (300 MH/s) that they can probably take over the network anyway.
April 30, 2014, 02:46:34 AM
there is still pure pos, anti-mining
April 30, 2014, 02:45:16 AM
So this will be the end of gpu minig, crappp.
April 30, 2014, 02:35:33 AM
Even a smartphone could mine SCRYPT-N up to N=16384. It might not be difficult to implement to ASICs, but the hashrate has to be ridiculously low
April 30, 2014, 02:30:41 AM
Yes, and also they can mine X11 coin like drk. Super i´ll order 10. I am sure they can also mine the new not yet announced Hash0815 algo
Denial is the first stage of grief.
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