Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 517. (Read 1232701 times)
February 05, 2014, 12:45:28 PM
This coin was created to kill GPUs as well as be ASIC resistant. A lot of GPUs are artifacting and dying trying to mine this. Going to stop mining when I get home tonight at midnight. Coin isn't profitable anyways.
February 05, 2014, 12:41:46 PM
Wouldn't a 1 MHz scrypt ASIC able to mine this at 500 KH is everyone is hashing at half their max? What is stopping from small gridseeds to scale?
haha, fortunatelly not
ASICs are out of this..they are built directly to be used on scrypt nothing else.. they are dumb devices doing just one task..
GPU can adapt to different n factor in this algo which will increase through time.. so even if they started to design new asics to VTC right now (and it is not really simple process), by the time its out, VTC may have higher n factor putting them again out of game
This is why VTC is and WILL be ASIC resistant...
ASIC prevention will kick in in two years. Adaptive N-Factor is BS branding. VertCoin is just another shitcoin
It doesn't work. The mining process simply becomes more difficult for everybody mining the coin when the 'Asic prevention' kicks in.
This. Looking at the code, that's part of the reason hash rates are half of what normal scrypt coins get. When the next Nfactor tick kicks in, hash rates will cut in half again.
Worse yet, when that next Nfactor tick hits, all of those currently working settings that everybody has optimized for all their cards will start killing cards like the normal scrypt settings are for the current Nfactor.
Sure, it's ASIC-proof, but it'll end up being GPU-proof in just a tick or two as well.
the next n "kick" is schedulled at feb 2016.. two years from now.. I think, it is not that big problem to tweak cg miner once more after two years
| N | Memory | Timestamp | Date/Time | |
|----------|--------|-------------|-------------------------------|---|
| 2048 | 256 kB | 1389306217 | Thu, 09 Jan 2014 22:23:37 GMT | |
| 4096 | 512 kB | 1456415081 | Thu, 25 Feb 2016 15:44:41 GMT | |
| 8192 | 1 MB | 1506746729 | Sat, 30 Sep 2017 04:45:29 GMT | |
| 16384 | 2 MB | 1557078377 | Sun, 05 May 2019 17:46:17 GMT | |
| 32768 | 4 MB | 1657741673 | Wed, 13 Jul 2022 19:47:53 GMT | |
| 65536 | 8 MB | 1859068265 | Tue, 28 Nov 2028 23:51:05 GMT | |
| 131072 | 16 MB | 2060394857 | Tue, 17 Apr 2035 03:54:17 GMT | |
| 262144 | 32 MB | 2463048041 | Sun, 19 Jan 2048 12:00:41 GMT | |
| 524288 | 64 MB | 2999918953 | Fri, 23 Jan 2065 06:49:13 GMT | |
| 1048576 | 128 MB | 3536789865 | Wed, 28 Jan 2082 01:37:45 GMT | |
| 2097152 | 256 MB | 5684273513 | Mon, 16 Feb 2150 04:51:53 GMT | |
| 4194304 | 512 MB | 7831757161 | Sat, 07 Mar 2218 08:06:01 GMT | |
| 8388608 | 1 GB | 9979240809 | Thu, 25 Mar 2286 11:20:09 GMT | |
| 16777216 | 2 GB | 16421691753 | Fri, 19 May 2490 21:02:33 GMT | |
| 33554432 | 4 GB | 22864142697 | Sun, 15 Jul 2694 06:44:57 GMT | |
February 05, 2014, 12:41:39 PM
Wouldn't a 1 MHz scrypt ASIC able to mine this at 500 KH is everyone is hashing at half their max? What is stopping from small gridseeds to scale?
haha, fortunatelly not
ASICs are out of this..they are built directly to be used on scrypt nothing else.. they are dumb devices doing just one task..
GPU can adapt to different n factor in this algo which will increase through time.. so even if they started to design new asics to VTC right now (and it is not really simple process), by the time its out, VTC may have higher n factor putting them again out of game
This is why VTC is and WILL be ASIC resistant...
ASIC prevention will kick in in two years. Adaptive N-Factor is BS branding. VertCoin is just another shitcoin
It doesn't work. The mining process simply becomes more difficult for everybody mining the coin when the 'Asic prevention' kicks in.
This. Looking at the code, that's part of the reason hash rates are half of what normal scrypt coins get. When the next Nfactor tick kicks in, hash rates will cut in half again.
Worse yet, when that next Nfactor tick hits, all of those currently working settings that everybody has optimized for all their cards will start killing cards like the normal scrypt settings are for the current Nfactor.
Sure, it's ASIC-proof, but it'll end up being GPU-proof in just a tick or two as well.
Yeah it's soooo hard to change a config every few years.
It's pathetic how they want to see Vertcoin dying.
February 05, 2014, 12:41:05 PM
If noob's cant spell it correctly then they shouldn't be mining it.
February 05, 2014, 12:39:13 PM
Hello all Vertcoiners. I just wanted to ask anyone here if they were interested in owning Virtcoin.com. I was going to start a coin last year called Virtcoin but my plans fell through. I know the I and the E could possibly confuse future newcomers to your page . Just wondering if any of the devs wanted to take it off my hands.
PM me if interested.
Steven M
PM me if interested.
Steven M
lol
February 05, 2014, 12:38:16 PM
Wouldn't a 1 MHz scrypt ASIC able to mine this at 500 KH is everyone is hashing at half their max? What is stopping from small gridseeds to scale?
haha, fortunatelly not
ASICs are out of this..they are built directly to be used on scrypt nothing else.. they are dumb devices doing just one task..
GPU can adapt to different n factor in this algo which will increase through time.. so even if they started to design new asics to VTC right now (and it is not really simple process), by the time its out, VTC may have higher n factor putting them again out of game
This is why VTC is and WILL be ASIC resistant...
ASIC prevention will kick in in two years. Adaptive N-Factor is BS branding. VertCoin is just another shitcoin
It doesn't work. The mining process simply becomes more difficult for everybody mining the coin when the 'Asic prevention' kicks in.
This. Looking at the code, that's part of the reason hash rates are half of what normal scrypt coins get. When the next Nfactor tick kicks in, hash rates will cut in half again.
Worse yet, when that next Nfactor tick hits, all of those currently working settings that everybody has optimized for all their cards will start killing cards like the normal scrypt settings are for the current Nfactor.
Sure, it's ASIC-proof, but it'll end up being GPU-proof in just a tick or two as well.
February 05, 2014, 12:35:25 PM
Hello all Vertcoiners. I just wanted to ask anyone here if they were interested in owning Virtcoin.com. I was going to start a coin last year called Virtcoin but my plans fell through. I know the I and the E could possibly confuse future newcomers to your page . Just wondering if any of the devs wanted to take it off my hands.
PM me if interested.
Steven M
PM me if interested.
Steven M
February 05, 2014, 12:33:50 PM
Wouldn't a 1 MHz scrypt ASIC able to mine this at 500 KH is everyone is hashing at half their max? What is stopping from small gridseeds to scale?
haha, fortunatelly not
ASICs are out of this..they are built directly to be used on scrypt nothing else.. they are dumb devices doing just one task..
GPU can adapt to different n factor in this algo which will increase through time.. so even if they started to design new asics to VTC right now (and it is not really simple process), by the time its out, VTC may have higher n factor putting them again out of game
This is why VTC is and WILL be ASIC resistant...
ASIC prevention will kick in in two years. Adaptive N-Factor is BS branding. VertCoin is just another shitcoin
It doesn't work. The mining process simply becomes more difficult for everybody mining the coin when the 'Asic prevention' kicks in.
Did you even read what I wrote?
Obv. troll is obv.
dude VTC is far from innovative. Asic prevention will only kick in in about two years, according to the chart on the OP (lol.) By then we will have moved on seomthing much better
I fail to see why ppl arent dumping it.
"Adaptive N-Factor" such BS branding. oh lawd
Wrooong. It's already ASIC proof against any scrypt asic that's why verts hashrate right now is just 50% of litecoins.
Also the schedule isn't fixxed, the devs can always fork if asics WOULD come for a specific N before N changes which would render them useless and would be a huge money waste because they couldn't mine a day.
It is and will be asic proof.
We'll have moved to something much better?
What do you think should be done better?
If you have constructive cirtics to improve this coin just tell us your ideas. VTC is open to changes.
Right now I see no problems with Vertcoin technically.
February 05, 2014, 12:30:13 PM
GJ Guys we're climbing so quickly! We already have 100MH/s now and are going for 1GH/s.
http://vtc.dedicatedpool.com
Come join
http://vtc.dedicatedpool.com
Come join
February 05, 2014, 12:29:40 PM
Wouldn't a 1 MHz scrypt ASIC able to mine this at 500 KH is everyone is hashing at half their max? What is stopping from small gridseeds to scale?
haha, fortunatelly not
ASICs are out of this..they are built directly to be used on scrypt nothing else.. they are dumb devices doing just one task..
GPU can adapt to different n factor in this algo which will increase through time.. so even if they started to design new asics to VTC right now (and it is not really simple process), by the time its out, VTC may have higher n factor putting them again out of game
This is why VTC is and WILL be ASIC resistant...
ASIC prevention will kick in in two years. Adaptive N-Factor is BS branding. VertCoin is just another shitcoin
It doesn't work. The mining process simply becomes more difficult for everybody mining the coin when the 'Asic prevention' kicks in.
February 05, 2014, 12:27:57 PM
Don't really see any points to mining vertcoins at this difficulty and such terrible constantly-under-attack pools. Better to mine something easier like WDC or EAC etc and converting them to VTCs. Just IMO. Otherwise it's just a waste of GPU
February 05, 2014, 12:26:59 PM
Wouldn't a 1 MHz scrypt ASIC able to mine this at 500 KH is everyone is hashing at half their max? What is stopping from small gridseeds to scale?
haha, fortunatelly not
ASICs are out of this..they are built directly to be used on scrypt nothing else.. they are dumb devices doing just one task..
GPU can adapt to different n factor in this algo which will increase through time.. so even if they started to design new asics to VTC right now (and it is not really simple process), by the time its out, VTC may have higher n factor putting them again out of game
This is why VTC is and WILL be ASIC resistant...
ASIC prevention will kick in in two years. Adaptive N-Factor is BS branding. VertCoin is just another shitcoin
February 05, 2014, 12:23:31 PM
February 05, 2014, 12:20:50 PM
Help the decentralized mining grow! Join the P2Pool!
Vertcoin P2Pool: http://q30.qhor.net:9171/
(Note: same node, new hostname!)
480MH/s decentralizd mining pool.
150 workers active on 82 nodes.
94 blocks in last 24 hours.
Join p2pool today.
Find your best personal node,
use the scanner: http://scanner.etyd.org/
how the hell do i stay on the payout list, keep getting on and of
@ The guy mining without worker name: Better add your VTC address or else you wont get any payouts ^^
my hashrate is at around 600Kh/s
Does that issue still occur? Did you try to set a fixed diff as described in this thread? https://bitcointalksearch.org/topic/annp2poolvtc-vertcoin-p2pool-public-node-scanner-438194
February 05, 2014, 12:19:18 PM
Guys, I'm on vtc.poolz.net. They have 10% of the mining power, but haven't found a block in a few hours. Next difficulty is estimated to be 189! Network hash rate is 5.2Ghash/s and climbing, which gives this coin a 10.4Ghash network in LTC Scrypt terms. I think the big mining rigs have caught up and learned how to compile and tweak Vertminer.
February 05, 2014, 12:17:45 PM
how the fuck can this coin take off..
idiots everywhere
idiots everywhere
I was lucky enough to catch the pump about 11 hours ago, turned my miners to a pool and dumped as soon as they got to cryptsy, did about 3x what I would have done mining DOGE so not bad.
February 05, 2014, 12:17:16 PM
Wouldn't a 1 MHz scrypt ASIC able to mine this at 500 KH is everyone is hashing at half their max? What is stopping from small gridseeds to scale?
haha, fortunatelly not
ASICs are out of this..they are built directly to be used on scrypt nothing else.. they are dumb devices doing just one task..
GPU can adapt to different n factor in this algo which will increase through time.. so even if they started to design new asics to VTC right now (and it is not really simple process), by the time its out, VTC may have higher n factor putting them again out of game
This is why VTC is and WILL be ASIC resistant...
ASIC prevention will kick in in two years. Adaptive N-Factor is BS branding. VertCoin is just another shitcoin
February 05, 2014, 12:15:40 PM
Big fish on Vert.bitcrush.info 1 anonymous with ~230MH/s 
February 05, 2014, 12:14:45 PM
February 05, 2014, 12:14:11 PM
how the fuck can this coin take off..
idiots everywhere
idiots everywhere
Jump to: