Re: CCminer(SP-MOD) Modded NVIDIA Maxwell / Pascal kernels.
You know it's a shame some of the bigger old coins are unprofitable to mine now. While they have a pretty healthy trade volume, their blockreward reached a point where it's not longer profitable to mine. Feathercoin for instance has healthy trade volume every day, but easily gets saturated by a handful of miners. Cryptonite is also in this boat.
Conversely, if emission is too high in smaller coins that don't have healthy volume they're easily crapped on by miners dumping minted coins.
I've thought about this over the years I've been mining. Someone really needs to release a adaptive block reward that relies on healthy trade volume. So if the coin is starting to die, the blockreward goes down and reduces emission of coins and keeps supply steady and of course if the coins is flourishing, it increases the emission to a certain extent. Volume is just an example, obviously more factors would have to play into this then just daily volume.
That is a immensely complex problem, but definitely could be done. No one has tackled it yet though.
Literally a idea for a big coin in a nutshell right there. Quote this post when it happens.
Conversely, if emission is too high in smaller coins that don't have healthy volume they're easily crapped on by miners dumping minted coins.
I've thought about this over the years I've been mining. Someone really needs to release a adaptive block reward that relies on healthy trade volume. So if the coin is starting to die, the blockreward goes down and reduces emission of coins and keeps supply steady and of course if the coins is flourishing, it increases the emission to a certain extent. Volume is just an example, obviously more factors would have to play into this then just daily volume.
That is a immensely complex problem, but definitely could be done. No one has tackled it yet though.
Literally a idea for a big coin in a nutshell right there. Quote this post when it happens.
elacoin
it's dead though ...died with asic scrypt miners ....
I mined the shit out of this coin back in the scrypt gpu days
was worth mining over ltc, ftc
so yes smart way to issue coins but NOT new
sp should think about such a distribution system ....
Looked at Elacoin, distribution has nothing to do with market health. It has something similar to a difficulty retargeting system that's more advanced based on difficulty, but still has nothing to do with the market. This doesn't seperate itself from other coins, just assumes there is more 'demand' if the difficulty is higher... That's not what I was proposing.
What they were doing is a good way to get the coin pummeled into the ground.
Any name for the coin? 
And how about difficulty goes up 10% per so many blocks high hash but goes down 50% per same amount of blocks when low hash.
As the coin dies if it does it gives the little guys something to mine.
And how about difficulty goes up 10% per so many blocks high hash but goes down 50% per same amount of blocks when low hash.
As the coin dies if it does it gives the little guys something to mine.
How about
Reverse payout scheme. Difficulty up ----> more coins for the miners.
So you get the same amount of coins always.
100MHASH = 1 coin per day.
If the networkhash is 1GHASH, 10 000 coins are given to the miners every day.
If the networkhash is 100GHASH, 1 000 000 coins are given to the miners every day.
....
Expensive, but secure
Good for the miners, and not so good for the investors.
That's Elacoin and also not what I was talking about.
It's amazing how fast you guys try to make ideas your own though. ^^