Topic: Yacoin Price about to Jump - page 7. (Read 10323 times)
Last night, it was, oh, BTC-e is gonna add YAC, then it's gonna rocket to the moon. Didn't happen.....
Guys, it's over. You missed your opportunity to cash out. Move on. Go back to mining LTC.
Such a foolish mentality
Such a niave little boy...Both FTC and CNC are doing poorly, but this one will do better, because it can only be mined by CPU, which costs considerably more them GPU mining. Why would anyone want to make more profit, mining a real, already tested coin, like LTC. That's just silly
Play the market. I could give a fuck about FTC and CNC. What's happening now is that YAC is still extremely new and I'm still profiting highly from BTER. Don't try to tell me what makes me money lol. I've made over 500% from my initial investment. Go home, "little boy." BTW, "niave" is spelled "naive"... how naive of you
I think you meant to say, "I couldn't give a fuck".
Logically, no. It works both ways. If I could give a fuck, it implies that I don't give a fuck already.
Same thing with "I could care less" and "I couldn't care less." People use both expressions. If I could care less, it presumes that I care already, and if someone says I couldn't care less, it means that you are at a level of caring that cannot lower, regardless of its level.
Such a niave little boy...Both FTC and CNC are doing poorly, but this one will do better, because it can only be mined by CPU, which costs considerably more them GPU mining. Why would anyone want to make more profit, mining a real, already tested coin, like LTC. That's just silly
I think what's going to happen is that when GPU mining of Yacoin no longer appears economical, multiple people are going to post their modified cgminer source. Exactly like what happened when Amazon EC2 become uneconomical, we all started sharing lots of details about our Amazon-hosted Yacoin mining server farms and Vycid even posted a detailed howto showing one of several methods (perhaps not the most efficient or expedient method) to do it.
Expect the same type of information sharing to occur when GPU mining of Yacoin becomes uneconomical, since it's likely everyone thinks there isn't going to be additional scrypt+chacha/kekkac based alt-coins released so there won't be any advantage in keeping the modified cgminer source secret. At that point everyone will be after bragging rights, saying, "Hey, I was one of the first to get cgminer going on Yacoin just X hours after the coin launched, here's my modified source!"
At that point it's going to be interesting to examine the different various approaches each person took to porting scrypt+chacha/kekkac to cgminer. I'll find it most interesting to see and compare everyone's approaches indeed.
It's jumping now, well 0.79
I wouldn't call 1 thousandth of a BTC, jumping
I was being sarcastic
Guys, it's over. You missed your opportunity to cash out. Move on. Go back to mining LTC.
Such a foolish mentality
Such a niave little boy...Both FTC and CNC are doing poorly, but this one will do better, because it can only be mined by CPU, which costs considerably more them GPU mining. Why would anyone want to make more profit, mining a real, already tested coin, like LTC. That's just silly
Play the market. I could give a fuck about FTC and CNC. What's happening now is that YAC is still extremely new and I'm still profiting highly from BTER. Don't try to tell me what makes me money lol. I've made over 500% from my initial investment. Go home, "little boy." BTW, "niave" is spelled "naive"... how naive of you
I think you meant to say, "I couldn't give a fuck".
Wow, some BTC and especially LTC advocates appear to be quite elitist...
I like to bet on the underdog.
I like to bet on the underdog.
Guys, it's over. You missed your opportunity to cash out. Move on. Go back to mining LTC.
Such a foolish mentality
Such a niave little boy...Both FTC and CNC are doing poorly, but this one will do better, because it can only be mined by CPU, which costs considerably more them GPU mining. Why would anyone want to make more profit, mining a real, already tested coin, like LTC. That's just silly
Play the market. I could give a fuck about FTC and CNC. What's happening now is that YAC is still extremely new and I'm still profiting highly from BTER. Don't try to tell me what makes me money lol. I've made over 500% from my initial investment. Go home, "little boy." BTW, "niave" is spelled "naive"... how naive of you
Guys, it's over. You missed your opportunity to cash out. Move on. Go back to mining LTC.
Such a foolish mentality
Such a niave little boy...Both FTC and CNC are doing poorly, but this one will do better, because it can only be mined by CPU, which costs considerably more them GPU mining. Why would anyone want to make more profit, mining a real, already tested coin, like LTC. That's just silly
Guys, it's over. You missed your opportunity to cash out. Move on. Go back to mining LTC.
Such a foolish mentality
Guys, it's over. You missed your opportunity to cash out. Move on. Go back to mining LTC.
It's jumping now, well 0.79
I wouldn't call 1 thousandth of a BTC, jumping
Told you so. 0.001 here we come
It's jumping now, well 0.79
Amazon is overpriced, i get a month of 300 khash for 15€, that would get you a day @ Amazon...
1.5x the hash rate of Amazon's c1.xlarge instances produces about 300kH/sec. Currently, spot instances of that type cost $0.07/hr in one particular Amazon data center. At that point, your 15 euros gets you about 7.7 days. While still overpriced, it's about 7x cheaper than you posted.
Still, my position is that with cheap $0.065/kWh power in the US, at current difficulty, it no longer appears profitable to continue mining on Xeon-based servers. GPU's are still profitable however, but we'll see what happens to exchange rates for YAC in the coming days.
Amazon is overpriced, i get a month of 300 khash for 15€, that would get you a day @ Amazon...
I'm surprised at the amount of hash power this is getting, the price will increase at least for the next few days.
I think there's potential for a CPU only coin, but YAC doesn't seem to be it.
This is a mistake YAC cannot be effectively farmed with GPU, and thus it provides CPU's with their own coi.
I'm going to say that was true for the first ~12 hours after the coin was released. The unexpected change from scrypt(N,1,1) to scrypt+chacha/kekkac(N,1,1) at the coin's launch delayed the various groups modifying cgminer by some hours.
If you mean it can't be effectively farmed yet by anyone who doesn't have a decent level of proficiency in writing OpenCL code for GPU's and can modify the cgminer GPU kernel, I'll give you that. I can find no logic behind pocopoco's claim that increasing N hurts GPU's more than CPU's, or that N=32 as it currently is for Yacoin doesn't still cause a massive advantage for GPU's over CPU's at the present time.
Just look at the Yacoin block solving rate and difficulty. Yesterday when difficulty was in the ~3 to 4 range, farming on Amazon EC2 became uneconomic (and that was even before everyone saw what prices would do on bter). Right now it's at 7, and I've shut down the last of my Xeon servers that were mining it. Block rate is running about 27 seconds right now vs. the 60 second target time, so there's still a massive amount of hash rate in play after the point that high-power-efficiency server hardware at $0.065/kWh no longer profits. Care to take any guesses what type of hardware is currently mining Yacoin as we speak?
like ftc?
ok,i understand
CNC was clearly added too quickly, I'm pleased they are not yet considering YAC. If it's going to build momentum it's gotta do it naturally, not because everyone (including BTCe) bought into the hype.
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