One of the worst decisions that could be made.
Say bye bye to mining Zano if you pay more than 6c per kW/h (meaning at 6c per kW/h you will break even electricity cost with revenue)
ProgPoW increases power consumption over 130% in comparison to WK.
This is absolutely not needed for a 7m market cap project. Memory hardness was good enough already and ASICs wouldn't have been created for years to come.
Say bye bye to mining Zano if you pay more than 6c per kW/h (meaning at 6c per kW/h you will break even electricity cost with revenue)
ProgPoW increases power consumption over 130% in comparison to WK.
This is absolutely not needed for a 7m market cap project. Memory hardness was good enough already and ASICs wouldn't have been created for years to come.
You talking about things which are not related.
Power consumption is just a part of the coast of mining(the other part is hardware coast) and will be nearly the same for all miners, it just a part of the coin price factors.
And my goal is not to make coins which is cheap to mine (and actually, expensive mining will pull up the price).
My goal is to have PoW hash function which is perfectly fit to modern video cards presented on the market, this strategy proved to be effective.
WK2 from this perspective obviously less protected, and you being insisted so much to stay with WK2, expect me to make this project fit your particular farm or give you a chance to have private miner with performance advantages over the others?
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I can remember some engineers, like cbuchner for example, who was doing "killing" with the private optimized miner which they implemented, and this was painful, and was big pressure on the price, and was a lot of FUD because of this, but I respected these guys, they were pretty open about what they do and never pretended to be good friends of the project.
I pay .18 cents a kw. Progpow maybe unmineable. Wildkeccak is the way to go.
The main factor in mining is the electricity .... nothing else.
The only problem with wild keccak is that memory hardness itself seems to be not enough to have relatively strong PoW algo in this days.
My main concern is that progpow is so energy insufficient. But it looks like a lot of coins maybe switching to this.
It may even out the playing field too.
You guys do realize that wildkeccak already has fpga miners in development for it, right? I dont see a scenario where they wont be made for a v2 either.
Regardless of power consumption, your gpus arent going to compete with fpga's. either way if zano is profitable enough theres more incentive for them to be created and a good chunk of the network will belong to a select few with the knowlege and resources to make/obtain them.
Just some food for thought.
Regardless of power consumption, your gpus arent going to compete with fpga's. either way if zano is profitable enough theres more incentive for them to be created and a good chunk of the network will belong to a select few with the knowlege and resources to make/obtain them.
Just some food for thought.
FPGA's are probably on wildkeccak for a while.
FPGA's can do anycoin and are on almost all coins. Anything a GPU can do...a FPGA can do. They're probably programmed to do progpow already. It ASIC's that must not be able to do these.
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