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Showing 5 of 5 results by wisemanofhyrule
The thing is, most people have switched to mining litecoins with their gpus due to their easier difficulty and lack of ASICs. So if you arent one of the people with rigs dedicated to mining, you should probably mess around with litecoin.
GPU mining is worthless ASICS are the future.
Not while ASICs are still shipping to the people who ordered. And for those who dont have to pay for electricity, as long as they have the gpus, they can make money off of them.
He is asking if the Coin Generation during each round has a limit for how many rounds it will happen or if ti goes on forever.
This seems like too much of a change from what bitcoin already is, not to mention the tons of people with mining rigs and ASICs who would fight this change tooth and nail.
This seems like too much of a change from what bitcoin already is, not to mention the tons of people with mining rigs and ASICs who would fight this change tooth and nail.
Thanks wiseman, you got my question right.
I'm a little confused with the incentives for keeping participating nodes online in this new proposal. Thus my previous question.
I don't know if the proposal adopts a similar rewarding approach like BTC (using new block lottery in early stage and transaction fees after all coins are mined).
It doesn't look like there is such a thing as transaction fees in this system, so I guess they the lottery portion to go on forever? But really though, this will never get added into bitcoin itself, waaaay too different from some of the defining things of bitcoin. He might as well make an altcoin using this system.
Problem with the GPU is it heats up my entire room. So I ordered a Raspberry Pi to run ASIC with.
Can you explain further? I'd like to learn how that would work.
Have you got your ASIC yet?
Cheers,
DC.
He is gonna use the raspberry pi to control the ASIC so instead of having to keep his desktop on all the time while mining, he can just have the raspberry pi running.
He is asking if the Coin Generation during each round has a limit for how many rounds it will happen or if ti goes on forever.
This seems like too much of a change from what bitcoin already is, not to mention the tons of people with mining rigs and ASICs who would fight this change tooth and nail.
This seems like too much of a change from what bitcoin already is, not to mention the tons of people with mining rigs and ASICs who would fight this change tooth and nail.