Ninjastic
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Board Altcoin Discussion
Re: Next step beyond ASICs are General Purpose Computing devices (again)
by
e-coinomist
on 29/03/2015, 23:20:29 UTC
Quote from: anonerd on March 29, 2015, 04:22:13 PM
Quote from: e-coinomist on March 29, 2015, 11:24:44 AM
Quote from: spassbold on March 29, 2015, 09:59:47 AM
This sums up Gridcoin pretty well.
Could flourish inside a niche like CPU mining, since Boinc seems pretty resistant against botnets from my observation. Professional GPU rigs might stick with X11 algo coins.
Why should they stay with hashes when General Purpose GPU work units pay better than X1137311
and ppl realize the leverage of utility in Gridcoin Smiley

Science has a budget (like Large Hadron Collider which brought me to GRC mining, "With a budget of 7.5 billion euros (approx. $9bn or £6.19bn as of June 2010), the LHC is one of the most expensive scientific instruments[96] ever built.[97]") only if they recognize the utility value of GRC network calculating their numbers AND shove some funds into the general direction of that
Otherwise miners will just stick with senseless SHA256 shuffling, or similar. It's a habit.

Oh, disclaimer ... so yes, I did some GRC mining doing calculations for LHC. LHC@home

Maybe should post some pictures of "my mining equipment" to explain what fascinated me









They will kill us all switching that thing on Cheesy