Author

Topic: What is a Scrypt coin ? (Read 645 times)

legendary
Activity: 2282
Merit: 1204
The revolution will be digital
April 28, 2014, 06:03:00 AM
#13
But how a CPU only coin stays in demand ? Coz anyone can mine it ...is not it ?

True, anyone can mine it. But some wants more than they can mine (one possible reason is they expect the price to go up), so they decide to buy it.



is there any coin (not necessarily SHA or Scrypt) that is smart phone only, i.e. cant be mined with CPU/GPU/FPGA/ASIC because of some feature which is only available on smartphone ?
newbie
Activity: 42
Merit: 0
April 28, 2014, 04:08:19 AM
#12
For some, having asic for a particular coin takes a long time, not impossible.
hero member
Activity: 868
Merit: 1000
April 27, 2014, 08:19:04 PM
#11
from your link i see mostly X11 algorithm, GPU advantage is 4.6x CPU
all X11 coin always like that?

I don't mine anymore now, so I am not sure if the advantage is really "4.6x".

But for coins using the same algorithm, the hashrate should be the same, as your CPU/GPU is doing the exact operations.
Say, if you get 300 KH/s mining litecoin with your GPU, you should also get ~300 KH/s mining dogecoin.
legendary
Activity: 1512
Merit: 1011
April 27, 2014, 08:06:16 PM
#10
Can scrypts be always mined with CPU ?

...sorry for being noob.

Scrypt = a memory-intensive algorithm
Scrypt coins = coins that employ scrypt algorithm such as litecoin and doge (vs. bitcoin and namecoin use sha256)

And yes you can mine scrypt coins with CPUs, GPUs and scrypt ASICs.

I guess the power of GPU/ Scrypt ASICs to mine a Scrypt coin will be more than a CPU. So, which algorithm makes a coin mining CPU only ?
Try RIECOIN
ANN : https://bitcointalksearch.org/topic/annric-riecoin-constellations-pow-cpu-hard-fork-successful-world-record-446703
exchanger : https://www.mintpal.com/market/RIC/BTC


Indeed there are only two real "CPU-only" coins listed on the site cpucoinlist atm, and Riecoin is one of them Smiley
another CPU coin was gone, they become GPU coin.
I think mining with CPU only is too harsh for CPU, like run stress test for a long time
may reduce CPU lifespan  Undecided

from your link i see mostly X11 algorithm, GPU advantage is 4.6x CPU
all X11 coin always like that?
hero member
Activity: 868
Merit: 1000
April 27, 2014, 07:41:47 PM
#9
But how a CPU only coin stays in demand ? Coz anyone can mine it ...is not it ?

True, anyone can mine it. But some wants more than they can mine (one possible reason is they expect the price to go up), so they decide to buy it.

legendary
Activity: 2282
Merit: 1204
The revolution will be digital
April 27, 2014, 07:27:00 PM
#8
Can scrypts be always mined with CPU ?

...sorry for being noob.

Scrypt = a memory-intensive algorithm
Scrypt coins = coins that employ scrypt algorithm such as litecoin and doge (vs. bitcoin and namecoin use sha256)

And yes you can mine scrypt coins with CPUs, GPUs and scrypt ASICs.

I guess the power of GPU/ Scrypt ASICs to mine a Scrypt coin will be more than a CPU. So, which algorithm makes a coin mining CPU only ?
Try RIECOIN
ANN : https://bitcointalksearch.org/topic/annric-riecoin-constellations-pow-cpu-hard-fork-successful-world-record-446703
exchanger : https://www.mintpal.com/market/RIC/BTC


Indeed there are only two real "CPU-only" coins listed on the site cpucoinlist atm, and Riecoin is one of them Smiley

But how a CPU only coin stays in demand ? Coz anyone can mine it ...is not it ?
hero member
Activity: 868
Merit: 1000
April 27, 2014, 07:08:52 PM
#7
Can scrypts be always mined with CPU ?

...sorry for being noob.

Scrypt = a memory-intensive algorithm
Scrypt coins = coins that employ scrypt algorithm such as litecoin and doge (vs. bitcoin and namecoin use sha256)

And yes you can mine scrypt coins with CPUs, GPUs and scrypt ASICs.

I guess the power of GPU/ Scrypt ASICs to mine a Scrypt coin will be more than a CPU. So, which algorithm makes a coin mining CPU only ?
Try RIECOIN
ANN : https://bitcointalksearch.org/topic/annric-riecoin-constellations-pow-cpu-hard-fork-successful-world-record-446703
exchanger : https://www.mintpal.com/market/RIC/BTC


Indeed there are only two real "CPU-only" coins listed on the site cpucoinlist atm, and Riecoin is one of them Smiley
legendary
Activity: 1512
Merit: 1011
April 27, 2014, 07:06:10 PM
#6
Can scrypts be always mined with CPU ?

...sorry for being noob.

Scrypt = a memory-intensive algorithm
Scrypt coins = coins that employ scrypt algorithm such as litecoin and doge (vs. bitcoin and namecoin use sha256)

And yes you can mine scrypt coins with CPUs, GPUs and scrypt ASICs.

I guess the power of GPU/ Scrypt ASICs to mine a Scrypt coin will be more than a CPU. So, which algorithm makes a coin mining CPU only ?
Try RIECOIN
ANN : https://bitcointalksearch.org/topic/annric-riecoin-constellations-pow-cpu-hard-fork-successful-world-record-446703
exchanger : https://www.mintpal.com/market/RIC/BTC
hero member
Activity: 868
Merit: 1000
April 27, 2014, 06:58:55 PM
#5
I guess the power of GPU/ Scrypt ASICs to mine a Scrypt coin will be more than a CPU.

True.

So, which algorithm makes a coin mining CPU only ?

Different "CPU-only" coins have different algorithm.
FYR: http://cpucoinlist.com/

And some "CPU-only" coins can be mined with GPUs now.
FYR: http://cpucoinlist.com/removed-coins/
legendary
Activity: 2282
Merit: 1204
The revolution will be digital
April 27, 2014, 06:51:14 PM
#4
Can scrypts be always mined with CPU ?

...sorry for being noob.

Scrypt = a memory-intensive algorithm
Scrypt coins = coins that employ scrypt algorithm such as litecoin and doge (vs. bitcoin and namecoin use sha256)

And yes you can mine scrypt coins with CPUs, GPUs and scrypt ASICs.

I guess the power of GPU/ Scrypt ASICs to mine a Scrypt coin will be more than a CPU. So, which algorithm makes a coin mining CPU only ?
hero member
Activity: 868
Merit: 1000
April 27, 2014, 06:43:49 PM
#3
Can scrypts be always mined with CPU ?

...sorry for being noob.

Scrypt = a memory-intensive algorithm
Scrypt coins = coins that employ scrypt algorithm such as litecoin and doge (vs. bitcoin and namecoin use sha256)

And yes you can mine scrypt coins with CPUs, GPUs and scrypt ASICs.
newbie
Activity: 14
Merit: 0
April 27, 2014, 06:33:56 PM
#2
Yes you can use cpuminer or set gen=1 in config file Smiley
legendary
Activity: 2282
Merit: 1204
The revolution will be digital
April 27, 2014, 06:26:14 PM
#1
Can scrypts be always mined with CPU ?

...sorry for being noob.
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