Pages:
Author

Topic: Yacoin Price about to Jump - page 4. (Read 10338 times)

full member
Activity: 193
Merit: 100
May 15, 2013, 03:08:05 AM
Anybody known the total amount of YAC? or it will be infinity?
sr. member
Activity: 434
Merit: 250
May 15, 2013, 02:59:20 AM
I think this coin is going to stick around. So I am just gonna hold my 50k until xmas and see what happens.

legendary
Activity: 2940
Merit: 1090
May 13, 2013, 12:31:42 PM
Yeah, people are starting to care that BTC is slow... YAC be fast.

GeistGeld is fast too, 15 second blocks, and it is secured by merged mining so is much more affordable to mine. Heck the difficulty is so low still right now that you could probably mine it with a CPU despite it being merged mined, because so few merged mining operators are including it in their merge right now.

It is those coins, the ones with ridiculously low difficulty, that give the massive payoffs for quietly mining them with your CPU during the months or years they manage to stay under the radar.

YAC is hard to mine right now, BBQcoin was really really easy which is why CPU miners made so much profit on BBQcoin. They still get to mine Fairbrix and Tenebrix really really easy too still so for small miners it is the potential for massive payoff like happened with BBQcoin and maybe will yet happen with Fairbrix and Tenebrix that still look best for small miners.

Sure if you are paying for lots of Amazon instances you want your pay soon, but small miners can easily afford to run their desktop CPUs on a few obscure coins like BBQcoin, Tenebrix, and Fairbrix, maybe one core on each or something, for a year or more. BBQcoin probably bought a whole lot of people whole new desktop servers and maybe GPUs to put in them, maybe a new car and a kitchen renovation or something too once it did come out into the limelight.

-MarkM-
sr. member
Activity: 406
Merit: 250
The cryptocoin watcher
May 13, 2013, 09:36:05 AM
If the hype of YAC's launch thread is the new bar for alts, it's going to be hard for new ones to look exciting. Grin

That may well have raised the diff for the whole alt coin mining. "You need a hype this big to last past first week."

newbie
Activity: 28
Merit: 0
May 13, 2013, 09:32:57 AM
I've never heard of this one...there must be two new alt.coins coming out every day lately.

YACoin is the strongest from last weeks coins.

seems to be the only one left standing tbh.
sr. member
Activity: 308
Merit: 250
May 13, 2013, 09:17:20 AM
I've never heard of this one...there must be two new alt.coins coming out every day lately.

YACoin is the strongest from last weeks coins.
hero member
Activity: 518
Merit: 500
May 13, 2013, 08:42:47 AM
I've never heard of this one...there must be two new alt.coins coming out every day lately.
legendary
Activity: 1232
Merit: 1001
May 13, 2013, 08:38:18 AM
#99
It makes 0 sense to have a bunch of 7xxx cards mining LTC with Idle cpus which could generate even $.10 per month.

Tell you what all mighty, give me and everyone else using our spare cpu cycles $1 a month and we'll stop?  No? not a good deal?

If the added load on the CPUs cost more than they rake in, they are losing you money not gaining money, so unless you are just making sure you get the max electricity your rent includes, or are stealing the use of other people's CPUs, it is not always economical to run the CPUs mining something compared to letting them idle.

Mining BTC with CPU early was not profitable but it turned out Satoshi and early adopters made amazing deal out of it later. There is no reason why YAC could not end same way.

Yeah, people are starting to care that BTC is slow... YAC be fast.
sr. member
Activity: 347
Merit: 250
May 13, 2013, 01:42:16 AM
#98
So what is fpga and how do you mine with it?
Are they expensive?

They're not expensive at all!  In fact, you can make your own.  All you need to do is add "testnet=1" to your yacoin.conf file.  This will immediately jack up your hash rates and block acquisition rate immensely!

Edit - That was just for limitless, our favorite scammer.  No one really add "testnet=1" to your yacoin.conf file.
sr. member
Activity: 266
Merit: 250
May 13, 2013, 12:00:42 AM
#97
down
sr. member
Activity: 308
Merit: 250
May 12, 2013, 11:30:29 PM
#96
You should really solo mine..

Indeed.  That's what I'll be up to shortly, as I just got pushpool going for YAC.

GL brah, I just jumped off the ship, got 4 CPUs for a total of 600kHash and my estimate reward per day is 14 coins or 0.012 BTC lol

if you feel generous pm when you are about to pump or dump to make my move Tongue
member
Activity: 70
Merit: 10
May 12, 2013, 11:30:08 PM
#95
So what is fpga and how do you mine with it?
Are they expensive?
sr. member
Activity: 347
Merit: 250
May 12, 2013, 11:29:02 PM
#94
You should really solo mine..

Indeed.  That's what I'll be up to shortly, as I just got pushpool going for YAC.
sr. member
Activity: 308
Merit: 250
May 12, 2013, 11:20:32 PM
#93
I think Yacoin might stay, You have Bitcoin being ASIC friendly, Litecoin being GPU friendly and then Yacoin being CPU friendly. When Netcoin is released maybe it will be FPGA friendly, and we will be full circle, lol. Who knows, right? Tongue

Actually, I think Yacoin is the FPGA-friendly choice, at least while it continues using scrypt+chacha/kekkac(32,1,1) for a couple more days.


[sadimg]http://i.imgur.com/iHkY6sK.jpg[/img]


[sadimg]http://i.imgur.com/wdVV6xc.jpg[/img]


I can't be the only one who looked at this variant of scrypt and decided that fast external RAM was not necessarily needed at N=32..

You should really solo mine..
member
Activity: 70
Merit: 10
May 12, 2013, 11:18:17 PM
#92
what is FPGA?
legendary
Activity: 896
Merit: 1000
May 12, 2013, 11:14:58 PM
#91
I think Yacoin might stay, You have Bitcoin being ASIC friendly, Litecoin being GPU friendly and then Yacoin being CPU friendly. When Netcoin is released maybe it will be FPGA friendly, and we will be full circle, lol. Who knows, right? Tongue

Actually, I think Yacoin is the FPGA-friendly choice, at least while it continues using scrypt+chacha/kekkac(32,1,1) for a couple more days.

[Omitting pictures to shorten post.]

I can't be the only one who looked at this variant of scrypt and decided that fast external RAM was not necessarily needed at N=32..

It's so refreshing seeing those with an understanding of what the (N,1,1) could do.  Hehe.  And as N increases, the renewed hype surrounding this coin will allow you to make an awesome amount in the short term.   Cheesy
sr. member
Activity: 347
Merit: 250
May 12, 2013, 10:12:03 PM
#90
Damn son... you're making pretty good bank there.

There's only so much time between now and when N changes to 64 though.  That will spoil the fun, at least for a while.

Someone hurry up and launch a new alt-coin (with advance notice this time), forked from Yacoin, and just use N=32 permanently.  Smiley
sr. member
Activity: 266
Merit: 250
May 12, 2013, 10:10:54 PM
#89
COME ON
sr. member
Activity: 308
Merit: 250
May 12, 2013, 10:05:22 PM
#88
Damn son... you're making pretty good bank there.
sr. member
Activity: 347
Merit: 250
May 12, 2013, 09:38:49 PM
#87
I think Yacoin might stay, You have Bitcoin being ASIC friendly, Litecoin being GPU friendly and then Yacoin being CPU friendly. When Netcoin is released maybe it will be FPGA friendly, and we will be full circle, lol. Who knows, right? Tongue

Actually, I think Yacoin is the FPGA-friendly choice, at least while it continues using scrypt+chacha/keccak(32,1,1) for a couple more days.








I can't be the only one who looked at this variant of scrypt and decided that fast external RAM was not necessarily needed at N=32..
Pages:
Jump to: