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Quote from: bytemaster on November 22, 2013, 04:47:22 pmMy sources report that a GPU miner has been found in the wild and will soon make an appearance in a new pool. I thought I would start a thread to discuss the implications. According to my sources a mid-range GPU is able to crank out about 500 HPM which is in line with high end CPUs. I find this result very encouraging because the midrange GPU is only 3 to 4x faster than the mid range CPU and about on par with the high-end CPU mining we have seen. A new pool will be forming that will compete with y pool which will be good for the community. Now that you all know it is possible I suggest that someone move quickly to compete before this GPU miner takes over like y pool.Bottlenecks if I try to CPU and GPU mine at the same time?
My sources report that a GPU miner has been found in the wild and will soon make an appearance in a new pool. I thought I would start a thread to discuss the implications. According to my sources a mid-range GPU is able to crank out about 500 HPM which is in line with high end CPUs. I find this result very encouraging because the midrange GPU is only 3 to 4x faster than the mid range CPU and about on par with the high-end CPU mining we have seen. A new pool will be forming that will compete with y pool which will be good for the community. Now that you all know it is possible I suggest that someone move quickly to compete before this GPU miner takes over like y pool.
Aw. Now I wish I had some GPU boxes.
Tell your sources to open source the gpu miner for the good of all of us currently mining. Thanks.
Does this mean someone won the $5000 prize for proving you wrong?
Quote from: GotExams on November 22, 2013, 06:20:19 pmQuote from: Sy on November 22, 2013, 06:15:58 pmQuote from: bytemaster on November 22, 2013, 05:41:42 pmDifficulty is still increasing and rewards falling. The next million will take a lot longer to mine. True but diff time has ben undercut by factor 4 so far so we are done in roughly 6-8 month if this continues ^^So? That should be positive. It is just like Monopoly, the game. When all resources are taken out there will be higher bids on the resources. It is only positive, imo.But once a coin is all mined out, the only incentive to mine is for the transaction fees, which won't provide anywhere near as much income for miners as blocks do
Quote from: Sy on November 22, 2013, 06:15:58 pmQuote from: bytemaster on November 22, 2013, 05:41:42 pmDifficulty is still increasing and rewards falling. The next million will take a lot longer to mine. True but diff time has ben undercut by factor 4 so far so we are done in roughly 6-8 month if this continues ^^So? That should be positive. It is just like Monopoly, the game. When all resources are taken out there will be higher bids on the resources. It is only positive, imo.
Quote from: bytemaster on November 22, 2013, 05:41:42 pmDifficulty is still increasing and rewards falling. The next million will take a lot longer to mine. True but diff time has ben undercut by factor 4 so far so we are done in roughly 6-8 month if this continues ^^
Difficulty is still increasing and rewards falling. The next million will take a lot longer to mine.