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Topic: What is the current state of the X11 algo? What is your favorite mining algo? (Read 1466 times)

sr. member
Activity: 332
Merit: 250
x11 is the most profitable to mine.
+1,yes,very cool algo Cheesy
newbie
Activity: 17
Merit: 0
x11 is the most profitable to mine.
member
Activity: 84
Merit: 10
PM for journalist,typing,and data entry services.
Personally all this hype about ASIC resistance is not needed. All the hate of AsicS is that it harms decentralization right? what if AsicS wer e cheap enough for everyone to use? For example some USB miners are like $100 and do 300 kh/s from zeusminer or the ones from fibonacci do like 8 mh/s or something and are like $350. Surely people mining can afford that?

ok, but those little asic will be worthless too, it's a game of who spend more, and i don't enjoy that kinda of a game, pay to win

gpu don't escalate so quickly that you can't even make a little profit before buying the new shiny machine

Its the something with you dude, its still whoever pays the most money gets the biggest share. So why not do it efficiently with a lesser carbon footprint?
legendary
Activity: 3248
Merit: 1070
Personally all this hype about ASIC resistance is not needed. All the hate of AsicS is that it harms decentralization right? what if AsicS wer e cheap enough for everyone to use? For example some USB miners are like $100 and do 300 kh/s from zeusminer or the ones from fibonacci do like 8 mh/s or something and are like $350. Surely people mining can afford that?

ok, but those little asic will be worthless too, it's a game of who spend more, and i don't enjoy that kinda of a game, pay to win

gpu don't escalate so quickly that you can't even make a little profit before buying the new shiny machine
full member
Activity: 140
Merit: 100
Just Do It!
Personally all this hype about ASIC resistance is not needed. All the hate of AsicS is that it harms decentralization right? what if AsicS wer e cheap enough for everyone to use? For example some USB miners are like $100 and do 300 kh/s from zeusminer or the ones from fibonacci do like 8 mh/s or something and are like $350. Surely people mining can afford that?

+1
I have to agree with you.
Before it looks like the thread is hijacked with the argument though, I must say it comes down to personal preference, there is people who wish to have coins protected from the negative possibility's of ASIC mining, possibility's that are very real and the arguments I find are usually against ASIC technology, with that said Digibyte miners may not want to have to compete with the ASIC farms that are awesome and huge, imagine pointing a warehouse of gridseed miners at Digibyte, now with that done the guy with 20 GPU's cannot hardly mine a block, so its a trade off, let ASIC technology maintain your network and lose your community and support, or restrict ASIC's and keep the small miners the community and all the support, depends on what you want to accomplish and your perspective on crypto and development.
If someone owns a huge farm and controls network hashrate then they will kind of control the network in a twisted way if they like, take BCX for example, awhile ago he was throwing out the possibility's of what he could do to a blockchain cause he was in control of the pool with the most hash, I think he was just demonstrating what decentralized means and how the coin was not secured from being centralized, at that point he was the central figure that could sway the coin one way or another, Digibyte is more susceptible to this type of centralized mining if ASIC's start mining its network, every coin eventually will run the risk of such an attack and IMO especially the ones that are trying to be ASIC resistant, cause haters will be haters on every level.
member
Activity: 84
Merit: 10
PM for journalist,typing,and data entry services.
Personally all this hype about ASIC resistance is not needed. All the hate of AsicS is that it harms decentralization right? what if AsicS wer e cheap enough for everyone to use? For example some USB miners are like $100 and do 300 kh/s from zeusminer or the ones from fibonacci do like 8 mh/s or something and are like $350. Surely people mining can afford that?
newbie
Activity: 56
Merit: 0
X11 is far more cooler than scrypt, i link x11 very much!
legendary
Activity: 1722
Merit: 1051
Official DigiByte Account
What should DigiByte do about the coming Scrypt ASIC problem? Vote & here and tell us the pros and cons of your choice:

https://bitcointalksearch.org/topic/m.6358181
member
Activity: 84
Merit: 10
PM for journalist,typing,and data entry services.
Miners are running cooler, taking less electricity. i think general consesus is we are getting scrwed over as there are rumors around that some people have access to an optimized miner that outputs higher hash rates.
legendary
Activity: 996
Merit: 1013

Also have you considered Hazards argument that GPU's are not running at their full potential when mining the coins using the algorithm?


Got a link to where he said that?

https://bitcointalksearch.org/topic/m.5931912

Thanks.
I thought he was criticizing the algorithm, turns out that the gpu miner isn't working properly.
sr. member
Activity: 434
Merit: 250
Still waiting for the optimized miner, after that I will consider switching from scrypt to X11
member
Activity: 88
Merit: 10
X11 algo is great,but I think POW coins will be dead.Just a matter of time
legendary
Activity: 3248
Merit: 1070
hefty1 algo is better, the gpu run cooler not because the algo isn't optimized like x11

full member
Activity: 140
Merit: 100
Just Do It!

Also have you considered Hazards argument that GPU's are not running at their full potential when mining the coins using the algorithm?


Got a link to where he said that?

https://bitcointalksearch.org/topic/m.5931912
legendary
Activity: 996
Merit: 1013

Also have you considered Hazards argument that GPU's are not running at their full potential when mining the coins using the algorithm?


Got a link to where he said that?
legendary
Activity: 1722
Merit: 1051
Official DigiByte Account
Yup... kicks butt and very stable compared to scrypt of scrypt-n.
We are very seriously considering a switch to X11, thanks for the feedback!

When could someone plan for you to make this switch?
Also have you considered Hazards argument that GPU's are not running at their full potential when mining the coins using the algorithm?
Maybe wait until a miner is released to optimize the GPU's??
The switch would occur in May, before the June/July release time frame for the first major Scrypt ASICS. The reason we have not changed yet has had a lot to do with Hazards argument. We agree that the GPU is not being fully utilized with the X11 algo.
full member
Activity: 140
Merit: 100
Just Do It!
Yup... kicks butt and very stable compared to scrypt of scrypt-n.
We are very seriously considering a switch to X11, thanks for the feedback!

When could someone plan for you to make this switch?
Also have you considered Hazards argument that GPU's are not running at their full potential when mining the coins using the algorithm?
Maybe wait until a miner is released to optimize the GPU's??
sr. member
Activity: 280
Merit: 250
Yup... kicks butt and very stable compared to scrypt of scrypt-n.
We are very seriously considering a switch to X11, thanks for the feedback!

Go for it.... once someone goes from scrypt to x11, they never return back to scrypt. Im seeing a lot of requests for changing the algo to x11 in newly ANN scrypt coins. Thre is a strong demand for valuable x11 coins and right now people are limited to just a handful of choices.
Do you know what the current X11 coins are?

Hirocoin , Darkcoin etc.

x11 runs much cooler on GPUs and suitable for summers.

The popular ones now are Darkcoin, Hirocoin and Quebecoin.... then there's lower network shares for Limecoin, Muniti, Virtual Coin, Global Denomination and Logicoin.
hero member
Activity: 770
Merit: 500
Yup... kicks butt and very stable compared to scrypt of scrypt-n.
We are very seriously considering a switch to X11, thanks for the feedback!

Go for it.... once someone goes from scrypt to x11, they never return back to scrypt. Im seeing a lot of requests for changing the algo to x11 in newly ANN scrypt coins. Thre is a strong demand for valuable x11 coins and right now people are limited to just a handful of choices.
Do you know what the current X11 coins are?

Hirocoin , Darkcoin etc.

x11 runs much cooler on GPUs and suitable for summers.
legendary
Activity: 1722
Merit: 1051
Official DigiByte Account
Yup... kicks butt and very stable compared to scrypt of scrypt-n.
We are very seriously considering a switch to X11, thanks for the feedback!

Go for it.... once someone goes from scrypt to x11, they never return back to scrypt. Im seeing a lot of requests for changing the algo to x11 in newly ANN scrypt coins. Thre is a strong demand for valuable x11 coins and right now people are limited to just a handful of choices.
Do you know what the current X11 coins are?
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