Quote from: B4zz4 on January 29, 2016, 04:22:20 AM

Quote from: blakeaholics on January 29, 2016, 01:24:00 AM

Was there any reason for the price spike today? Seems odd, there's been very little growth over the past while but today it spiked 35% or more.

Looks like someone has decided to take a sizable position in CannabisCoin doesn't it.

Before anyone asks, no, I don't have any information to release at this time.

@everyone

Does anyone have any opinions on the possible effects of AMD launching GPUOpen? For those who haven't yet heard about it there's an article on Bitcoinist today.

Potential sudden increases in hashing power/rates naturally figure in discussions on any possible block subsidy rate changes.

Thoughts?

Sounds like they have rebuilt the method on how you access GPU resources including driver, runtime, compilers and programming languages by making it open source. This should be a positive for cryptocurrency in general because now it is alot easier to make applications due to the nature of open source .

The ROCK (Radeon Open Compute Kernel) open source kernel driver gives direct access to hardware and allows programmers to use:

Hardware queues and DMA engine via user mode APIs
Memory-based signaling and synchronization primitives
Platform atomics
Atomics memory operations
Shared virtual addressing
Flat memory addressing
Kernel device discovery
Device scheduling
System timestamping
Consistent system endianness
Preemptive kernel device context switch
Kernel device error reporting mechanism

If open source does make mining more efficient as they say it will then it will be interesting to see how much efficiency can be gained as well as the new applications that get developed.