Post
Topic
Board Mining (Altcoins)
Re: NeoScrypt: The Future of CPU and GPU Mining
by
wrapperband0lite
on 02/08/2014, 14:46:52 UTC
Any numbers to indicate this new algo is energy efficient, compared to X11, FRESH, WHIRL, etc? Scrypt generates a lot hot, if NeoScrypt is doing the same or not less significantly, don't see a good point people will be on. Or if the memory is the point with with ASIS will never arrive.

Feathercoin can be switched back to a compatible ASIC at any time in the future, in the same way it is opting out of Scrypt ASIC mark 1. The ASIC development could be done backwards,,

1. Develop an ASIC that can only be run on one algoryth (not scrypt)

2. Change Feathercoin Hashing Algorythm to accept those transactions including updated cpuminer for ASIC and GPU.

I am not sure what you are trying to say here?

The idea of developing neoscrypt for Feathercoin was not to prevent ASICs all together, but prevent Scypt ASICs. Litecoin has a huge hash rate advantage such that pools or large players can coin swap to attack the Feathercoin network. The idea being that, at a later stage, an ASIC would be developed just for Feathercoin.

I am just pointing out that we could design the ASIC first, then change Feathercoin to compatible algorythm. As opposed to designing the ASIC to do neoscrypt.

(Note. Ghostlander implemented the new hashing algo in Phoenixcoin first, Feathercoin will not swap algo till GPU miners are available.)