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Showing 20 of 28 results by Shoostah
Post
Topic
Board Speculation (Altcoins)
Re: Is NEO still worth investing in?
by
Shoostah
on 12/03/2018, 13:58:32 UTC
Is NEO still worth investing in? I have my final $150 and I'm not sure if I should buy NEO or ADA

Why don't you diversify and buy into both? You can take 50% and buy into neo and the other 50% in ada, that would be wise.
It's always best to diversify investments. That's why portfolios are becoming increasingly popular.
Post
Topic
Board Mining (Altcoins)
Re: Baikal Giant N - Cryptonight, Cryptonight-lite ASIC miner
by
Shoostah
on 12/03/2018, 13:55:27 UTC
So is it a FPGA or ASIC? Or it has gender identity crisis?
It should be FPGA since it support 2 algos. Just like other Baikals.

According to girl, its ASIC.

Also, it doesnt support 2 algos, cryptonight-lite is just cryptonight, but with half of the scratchpad.
According to Voskcoin it uses FPGA. I think that too... like they say on the Baikal Giant B thread those 2 Cryptonight algos probably should have been those 2 algos that they promised to add for Giant B.
I know the differences between Cryptonight and Cryptonight-lite, I was porting the latest XMR-STAK-AMD for Aeon...
I don't understand ASICs too much so I might be wrong.


Wouldn't it be possible to reprogram the FPGA for the new pow change albeit not trivial? If that was the case I'd assume that would have been their main sales pitch...
In that case, monero is screwed. As soon as they release a new algorithm, Baikal would already be working on the new firmware.
Not really, they can always ditch cryptonight for something else like cuckoo cycle. But yeah it makes a whole lot of difference if they're FPGAs or ASIC, if only they gave bit of more information before asking people for +$30k...
This is what happens when there's no competition.
Post
Topic
Board Mining (Altcoins)
Re: Baikal Giant N - Cryptonight, Cryptonight-lite ASIC miner
by
Shoostah
on 12/03/2018, 13:40:09 UTC
So is it a FPGA or ASIC? Or it has gender identity crisis?
It should be FPGA since it support 2 algos. Just like other Baikals.

According to girl, its ASIC.

Also, it doesnt support 2 algos, cryptonight-lite is just cryptonight, but with half of the scratchpad.
According to Voskcoin it uses FPGA. I think that too... like they say on the Baikal Giant B thread those 2 Cryptonight algos probably should have been those 2 algos that they promised to add for Giant B.
I know the differences between Cryptonight and Cryptonight-lite, I was porting the latest XMR-STAK-AMD for Aeon...
I don't understand ASICs too much so I might be wrong.


Wouldn't it be possible to reprogram the FPGA for the new pow change albeit not trivial? If that was the case I'd assume that would have been their main sales pitch...
In that case, monero is screwed. As soon as they release a new algorithm, Baikal would already be working on the new firmware.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POW][XTL] 👾Stellite👾 - decentralized node list via IPFS & ZeroNet
by
Shoostah
on 12/03/2018, 13:15:50 UTC
A nice coin with a interesting project..

I liked! Cheesy
Whats happening with the Poll are things changing

Monero is hard forking on March 14th. It's changing POW algorithm to prevent ASIC miners and to remove mass botnets. They want to see if the community wants to follow in that direction as well.

Is that the XMR fork that is called MoneroV? Or is that a different story? I only heard that many are buying XMR now to receive a new coin when the fork happens.

Yea it's the moneroV fork. I don't think they necessarily want to change the algorithm anytime soon. I think they just want to know what the community would like if some sort of ASIC was released for CryptoNight.

Wasn't changing the algorithm the whole essence of making a fork? I am not too deeply into this but that's what I thought all the time.
I believe it's just a scheduled hard fork, but they decided to add the new algorithm along with it.

Once the mining situation stabilizes it will be sure to drive the price up. But it's not possible for one to obtain a majority of the coins, the nicehash power is an advantage but not an exploit.
How is it an advantage?

Is it even possible to compete with Nicehash in any way these days? I have no clue how big of a company they had become. I used them years ago.
The only way to compete is to use an algorithm they haven't yet implemented, but it's only a matter of time Undecided
Post
Topic
Board Mining (Altcoins)
Re: Baikal Giant N - Cryptonight, Cryptonight-lite ASIC miner
by
Shoostah
on 12/03/2018, 13:12:21 UTC
So happy to see this thing dead on arrival.. XMR + IPBC switching algos, with hopefully other CN coins to follow. Fuck you, baikal.  Smiley

Has any other CN coin announced support for the switch yet? Sumo and ETN, for example.
So far I've found $XMR $IPBC and $EDL who will introduce anti asic properties..  is there any other coin who will be anti asic?
Also, XTL developers announced that they will switch to another algorithm to keep ASIC resistance.
Post
Topic
Board Mining (Altcoins)
Re: Baikal Giant N - Cryptonight, Cryptonight-lite ASIC miner
by
Shoostah
on 12/03/2018, 12:30:04 UTC
So is it a FPGA or ASIC? Or it has gender identity crisis?
It should be FPGA since it support 2 algos. Just like other Baikals.

According to girl, its ASIC.

Also, it doesnt support 2 algos, cryptonight-lite is just cryptonight, but with half of the scratchpad.
Who's this 'girl'?
Post
Topic
Board Mining (Altcoins)
Re: Baikal Giant N - BUYING POOL
by
Shoostah
on 12/03/2018, 12:12:52 UTC
This is basically worthless hardware since monero will be hardforking away from cryptonote. Lol @ these guys desperately trying to push that crap on to others since they probably ordered before the announcement and now have a major case of buyers remorse.
I wouldn't say it's worthless. There are tens of CryptoNight coins out there. Sure, maybe 1/3 will switch to CryptoNightV7 or some other CryptoNote-compatible hashing algorithm, but the rest won't. This might just make bytecoin climb higher on CoinMarketCap than monero as we have already witnessed last year and become the king of CryptoNote once again.
Post
Topic
Board Mining (Altcoins)
Re: Baikal Giant N - Cryptonight, Cryptonight-lite ASIC miner
by
Shoostah
on 12/03/2018, 12:03:58 UTC
So is it a FPGA or ASIC? Or it has gender identity crisis?
It should be FPGA since it support 2 algos. Just like other Baikals.
CryptoNight and CryptoNight-lite are basically the same things. An ASIC that works for CryptoNight will work for CryptoNight-lite without any additional hassle. They could've as easily not advertised CryptoNight-lite as they probably didn't need to add anything to what they created for CryptoNight initially.
Post
Topic
Board Mining (Altcoins)
Re: Baikal Giant N - Cryptonight, Cryptonight-lite ASIC miner
by
Shoostah
on 12/03/2018, 11:43:36 UTC
So is it a FPGA or ASIC? Or it has gender identity crisis?
Can't know for sure until people start publishing tear downs.
Post
Topic
Board Mining (Altcoins)
Re: Baikal Giant N - Cryptonight, Cryptonight-lite ASIC miner
by
Shoostah
on 12/03/2018, 10:28:02 UTC
Does anyone actually know the specific ASIC related changes being made in Cryptonight V7? They have't even be published yet have they?

Moreno botnet= False flag
Somebody already did PR for XMR-STAK with needed changes, but it might not be final.
https://github.com/fireice-uk/xmr-stak/pull/1126

Hope for the best... Asicminermarket is not know for shipping your items quickly..
Yeah, I heard, but it says 72 hours shipping, would be great Cheesy
Probably 72 hours after they receive the batch from Baikal Tongue
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POW][XTL] 👾Stellite👾 - decentralized node list via IPFS & ZeroNet
by
Shoostah
on 12/03/2018, 07:34:46 UTC
Yea it seems like the Bikail Giant N is definitely true. It's really irritating having these ASIC manufacturers centralizing coins with their ASIC bs. What happened to the true days of 1 cpu 1 vote? No wonder the nethash increased absurdly high on all cryptonight coins in the last few months. Would not be surprised if those guys mined with the ASICs a while before releasing them to the public smh..
It's always like that, else they wouldn't sell them Tongue
Post
Topic
Board Mining (Altcoins)
Re: Baikal Giant N - Cryptonight, Cryptonight-lite ASIC miner
by
Shoostah
on 12/03/2018, 07:33:22 UTC
What's the most profitable cryptonight coin at the moment that's not monero?

https://i.imgur.com/tbc0u5C.jpg

Look at here, there are more coins and Monero is far to be the most profitable

https://www.cryptunit.com

The profitability there is deceptive. Many of those coins do not have the volume to support large scale ASIC use. Monero, perhaps ETN and Sumo might support some but the rest could not.

There are only 2 coins that can even remotely support the hashrate these things can muster. Those two are Monero (which already made it clear they're forking against this ASIC) and ETN (not sure if they're going to fork against or not). Every single other coin can barely break 1 BTC daily volume. It's a joke. You're legit stranded with an ASIC that has just about the most limited number of coins algorithm wise.
I wouldn't say it's the most limited, but it certainly isn't the most profitable. My guess is that it was just easier to engineer an ASIC for than anything else that is semi-popular. I certainly hope that most coins' devs have at least some common sense and move to another algorithm.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POW][XTL] 👾Stellite👾 - decentralized node list via IPFS & ZeroNet
by
Shoostah
on 11/03/2018, 21:43:23 UTC
jesus...cryptoknight.cc is currently finding about 15 blocks a minute...that's a rate of over 400 million coins per day...hope this thing gets sorted out soon or some idiot is going to end up w/ 90% stake in a worthless coin

Yes, it reached more than 30 MH for a while to take a large amount of coins while the network hash is only less than 3 MH. It is really very bad. It can make this coin getting to 1 sat, but no one wants to buy.

Even if this happened for a short time window it destroys the value of a coin so hard. That dude could dump loads and make every single buy order disappear.
Yes. That is exactly why they decided to do an emergency hard-fork with a better difficulty algorithm. Now everything works perfectly!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POW][XTL] 👾Stellite👾 - decentralized node list via IPFS & ZeroNet
by
Shoostah
on 11/03/2018, 17:40:47 UTC
A nice coin with a interesting project..

I liked! Cheesy
Whats happening with the Poll are things changing

Monero is hard forking on March 14th. It's changing POW algorithm to prevent ASIC miners and to remove mass botnets. They want to see if the community wants to follow in that direction as well.

Is that the XMR fork that is called MoneroV? Or is that a different story? I only heard that many are buying XMR now to receive a new coin when the fork happens.

Yea it's the moneroV fork. I don't think they necessarily want to change the algorithm anytime soon. I think they just want to know what the community would like if some sort of ASIC was released for CryptoNight.

Wasn't changing the algorithm the whole essence of making a fork? I am not too deeply into this but that's what I thought all the time.
I believe it's just a scheduled hard fork, but they decided to add the new algorithm along with it.

Once the mining situation stabilizes it will be sure to drive the price up. But it's not possible for one to obtain a majority of the coins, the nicehash power is an advantage but not an exploit.
How is it an advantage?
Post
Topic
Board Altcoin Discussion
Re: DEX Discussion Thread
by
Shoostah
on 11/03/2018, 16:56:59 UTC
I think that's a lot of people need to talk about because it requires a lot of noise to get things that are very high.
The noise will come from the future centralized exchange hacks.
Post
Topic
Board Altcoin Discussion
Re: DEX Discussion Thread
by
Shoostah
on 11/03/2018, 16:38:40 UTC
Now a days so many decentralized exchangers are there. ethhdelta, waves, bitcoinpay, so many are there no need to worry today. what are you thinking about idex exchange. now it is also addede so many altcoins. ok it is also good only

Still buggy and always on maintenance because the nodes are delayed. But I still trade there sometimes taking advantage of the large gap between buy and sell orders of some coins. Upside, the admins are very helpful. They response very fast on the live chat. But they remove the live chat (which is a bummer), but they still response in telegram.
I trade a lot on OpenLedger and recently started using CryptoBridge. Very interested in BarterDEX. Atomic swaps are the future!
Post
Topic
Board Altcoin Discussion
Re: DEX Discussion Thread
by
Shoostah
on 11/03/2018, 16:24:04 UTC
Now a days so many decentralized exchangers are there. ethhdelta, waves, bitcoinpay, so many are there no need to worry today. what are you thinking about idex exchange. now it is also addede so many altcoins. ok it is also good only
Seems to be down currently Tongue
Post
Topic
Board Altcoin Discussion
Re: DEX Discussion Thread
by
Shoostah
on 11/03/2018, 16:13:15 UTC
No mention of 0X? I think they'll be a fantastic decentralised exchange once regulators step up their game

the goal is to wipe "regulators" and their conflicts of interests and others scams and the costs they generate, by passing them completely once the ruling platforms emerge.

The only shitty issue, is the money laundering and all those issues about terrorism... If you DEX who knows who is on the other side of the trade... and then they come... "you financed al-cia-da and end up in indefinite detention somewhere, maybe even in black site for the rest of your lives, while those having put you there will collect their checks and fuck their "wives".
This is actually a very important point. The only way to develop a DEX and stay safe is to be anonymous in the process.
Or just live in Switzerland Roll Eyes
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POW][XTL] 👾Stellite👾 - decentralized node list via IPFS & ZeroNet
by
Shoostah
on 11/03/2018, 16:03:50 UTC
A nice coin with a interesting project..

I liked! Cheesy
Whats happening with the Poll are things changing

Monero is hard forking on March 14th. It's changing POW algorithm to prevent ASIC miners and to remove mass botnets. They want to see if the community wants to follow in that direction as well.

Is that the XMR fork that is called MoneroV? Or is that a different story? I only heard that many are buying XMR now to receive a new coin when the fork happens.

Yea it's the moneroV fork. I don't think they necessarily want to change the algorithm anytime soon. I think they just want to know what the community would like if some sort of ASIC was released for CryptoNight.

Wasn't changing the algorithm the whole essence of making a fork? I am not too deeply into this but that's what I thought all the time.
I believe it's just a scheduled hard fork, but they decided to add the new algorithm along with it.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POW][STL] 👾Stellite👾 - decentralized node list via IPFS & ZeroNet
by
Shoostah
on 17/02/2018, 19:13:36 UTC
someone just made a joke about banging a head. i am waiting for this guy to banging his own head after realise that this shitelite will stuck for few years and then disappear just like shit flushed by water. anyone can share a short course about supply and demand to this guy, please? maybe he never got thought in a school. lol

better market will accept the big supply but priceless coin? what a joke  Grin

previously talking about the technology, but lately focus on expecting the profit. another joke in the weekend. well done  Roll Eyes

Yes, people will always talk about coin profit on this forum that's quite normal but other people are in it for the tech which one are you?
No need to answer we all know you are a troll and everyone can see.

First saying he is going to be a millionair by mining Stellite and next thing he is trashing Stellite. Troll or not, not very wise. Best to ignore him further, you get nowhere with that guy.
They are two different users, though they do have similar names.