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PosterThread
dipsomania 
Amigacoin
Posted on 16-Mar-2014 11:32:56
#1 ]
Member
Joined: 15-Mar-2014
Posts: 23
From: London

Hello,
I am an Amiga fan since '90s and it is the first time that I write here. So, I started to look Bitcoin world in these months and I thought that may be useful for Amiga community. Therefore I made a (Litecoin) clone called Amigacoin to support our lovely platform. You can read more here: www.amigacoin.org
Sorry for crappy graphic, but I am only a programmer.
Now there are only executables and sources for Linux and Windows, very soon it will be available for Mac OS X and I also hope for Amiga in the future, but I think there are some difficult libraries to convert (Boost and Berkeley DB).
If someone wants some Amigacoins, write me privately.

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pavlor 
Re: Amigacoin
Posted on 16-Mar-2014 11:43:28
#2 ]
Elite Member
Joined: 10-Jul-2005
Posts: 9583
From: Unknown

@dipsomania

Welcome!

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QuBe 
Re: Amigacoin
Posted on 16-Mar-2014 12:26:40
#3 ]
Super Member
Joined: 3-Dec-2006
Posts: 1075
From: Dunes of Uridia

@dipsomania

Welcome dipsomania. Interesting! I had thought of doing something similar but did not have the programming knowledge to create and execute an Alt Coin.

I had mentioned to the community here about the Bitcoin revolution and was wondering if crypto currency wallets could be developed/converted to work on os3.x and os4.x. Surely some in the Amiga community are interested in crypto?

Originally I had asked the community about hardware for mining crypto currencies using the Amiga. I guess if an Os4.x machine could use the latest and greatest ATI GPu cards then in essence we could mine on an Amiga. We just need to have the relevant miner scripts such as CGMiner to work on an Amiga Platform and the drivers of course.

This would quite a bit of work to say the least so I guess it would be a long shot for the community to get all the necessary components done to make a crypto ecosystem viable on our platform.

The problem with mining Amiga Coins though is to make sure you have enough miners joining the mining pool to make it viable, especially when the difficult rate starts to increase,

You also have to make it popular enough so Amiga Coins are tradable on a crypto exchange, and there are not many exchanges that will just take on any Altcoin. Maybe CRYPTSY (www.cryptsy.com) would, they seem to list all of them as they come out.

I think Amigans who are interested in mining Amiga Coins would probably want to do it on their Amiga's and not on a PC. So until we get the relevant supporting software to make it viable on the Amiga platform it may not be viable for Amigans...

You would also need to get AmigaKit, Hyperion, Trevor Dick on board to make it a mainstay for the community...

All the best with this, Q!

"I am home"

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g0blin 
Re: Amigacoin
Posted on 16-Mar-2014 12:26:40
#4 ]
Cult Member
Joined: 31-Mar-2009
Posts: 666
From: Unknown

@dipsomania

Wow, cool!
Congrats, mate.

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Belxjander 
Re: Amigacoin
Posted on 16-Mar-2014 12:48:54
#5 ]
Cult Member
Joined: 4-Jan-2005
Posts: 557
From: Chiba prefecture Japan

@dipsomania:

Is it a Litecoin clone? I would have cloned off the latest bitcoin instead myself.

And I am definitely interested.

@QuBe:

I have programming knowledge and looked at what is required...

GPU mining is on the way out for the most part.
CPU mining is already completely out.

FPGA mining and ASIC mining of BitCoin/LiteCoin is pretty much the options presently.

It isn't the portation of boost which is the issue but the posix threads and posix compliance being assumed when the AmigaOS(and children) have a radically different(and simpler) execution mechanism.

I've also been reading about Linux Kernel programming and that is the closest equivalent to AmigaOS programming on Linux/Windows/Mac I have seen.

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dipsomania 
Re: Amigacoin
Posted on 17-Mar-2014 20:46:53
#6 ]
Member
Joined: 15-Mar-2014
Posts: 23
From: London

@QuBe

Hello, thank you for the reply. Yes, you're right, there are many obstacles to overcome in order to convert it on Amiga PPC platforms. First all code in based on little-endian stuffs, some guys did an Apple Mac PPC version of Bitcoin some years ago, but this client is a fork of Litecoin, so we need to rewrite it. Next we should have a real support of latest ATI Radeon HD and a porting of OpenCL (I think there isn't that yet).
I want to wait some weeks/months to advertise it outside our community, because most people who mine/exchange these cryptocurrencies are interested only in profit and speculation, and I'd like that every Amiga users have some Amigacoins. I don't understand why many Amiga fans have criticized me heavily in other forums and privately, it's just a little idea to support our platform using a cutting-edge and a bit still "green" technology that may be very useful.

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dipsomania 
Re: Amigacoin
Posted on 17-Mar-2014 20:56:37
#7 ]
Member
Joined: 15-Mar-2014
Posts: 23
From: London

@Belxjander

Hello, yes, it's a Litecoin clone... I chose it because you just need a good gfx card like ATI Radeon HD to mine and many Amiga users have it. Instead, Bitcoin based cryptocurrencies need an ASIC (not very cheapy device) as you know.
Yes, Boost library is another big problem to resolve on Amiga.
Maybe in the future I'll try to make a porting on AROS - I don't have an AmigaPPC and spare time at the moment.

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billt 
Re: Amigacoin
Posted on 17-Mar-2014 21:59:12
#8 ]
Elite Member
Joined: 24-Oct-2003
Posts: 3205
From: Maryland, USA

@dipsomania

So, is this just a pool of LiteCoin miners, a client for AmigaOS to do mining and a wallet in Amiga and -alike computers, or is this a complete fork of LiteCoin where only we Amiga and -alike fans will have coins, and no one outside of the Amiga community has anything to do with this?

_________________
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dipsomania 
Re: Amigacoin
Posted on 17-Mar-2014 22:30:54
#9 ]
Member
Joined: 15-Mar-2014
Posts: 23
From: London

@billt

Yep, it's only a fork of Litecoin for Amiga fans as you said, it has been posted on Amiga forums and no one outside knows about this new "currency" at the moment.

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klx300r 
Re: Amigacoin
Posted on 18-Mar-2014 0:34:05
#10 ]
Elite Member
Joined: 4-Mar-2008
Posts: 3836
From: Toronto, Canada

@dipsomania

Interesting concept & welcome aboard

_________________
____________________________
c64-2sids, A1000, A1200T-060@50(finally working!),A4000-CSMKIII
! My Master Miggies- Amiga 1000 & AmigaOne X1000 !
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BigD 
Re: Amigacoin
Posted on 18-Mar-2014 1:47:35
#11 ]
Elite Member
Joined: 11-Aug-2005
Posts: 7322
From: UK

@dipsomania

I'm quite happy with Pound Sterling to be honest. Using spare CPU/GPU cycles to harvest bitcoins (or the Amiga equivalent) is a sound way to shorten the life of your computer. I remember all those Cyberstorm/ Blizzard PPC owners that were conned in to competing in those computer folding competitions in the 90's wearing out their hyper-expensive boards just to bump the Amiga folding team up the table!! This doesn't seem any better

Looks like wasting Amiga processing power for folding was a talking point as recently as 2008!!

http://www.amiga.org/forums/archive/index.php/t-39271.html

_________________
"Art challenges technology. Technology inspires the art."
John Lasseter, Co-Founder of Pixar Animation Studios

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QuBe 
Re: Amigacoin
Posted on 18-Mar-2014 3:14:15
#12 ]
Super Member
Joined: 3-Dec-2006
Posts: 1075
From: Dunes of Uridia

@BigD

To some extent you are right BigD, but in todays world of crypto mining it is not so much the destruction of your CPU, but rather the problem of overheating and destroying your GPU. However with proper management this can be avoided by running the GPU card at around 85% capacity.

Alternatively you can purchase dedicated mining hardware like ASIC miners which use FPGA or ASIC chips specifically designed and cooled for mining for insane hashing rates. These boxes usually run Linux and it is a plug in and play system for the most part.

I think AmigaCoins (or AmiCoins) are a good idea, it just needs wide adoption by the community.

What is appealing here is the online market place and the minimal transaction fees associated with using an alt coin to make online purchases with. This makes international buy/sell within the Amiga market very cheap indeed, and could lower the cost of some Amiga items by saving on bank transfer fees.

Q!

"I knew this would turn out to be a strange decade when I saw a Sheep walking backwards in New Zealand"

Last edited by QuBe on 18-Mar-2014 at 03:32 PM.
Last edited by QuBe on 18-Mar-2014 at 03:25 AM.
Last edited by QuBe on 18-Mar-2014 at 03:24 AM.
Last edited by QuBe on 18-Mar-2014 at 03:23 AM.

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QuBe 
Re: Amigacoin
Posted on 18-Mar-2014 3:22:09
#13 ]
Super Member
Joined: 3-Dec-2006
Posts: 1075
From: Dunes of Uridia

@dipsomania

I think to make AmigaCoins popular it would be interesting to mimic what Iceland has done with Aurora coins.

http://auroracoin.org/

Essentially, a specified amount of coins have been pre-mined and given away for free to the people of Iceland who want them.

This is to kickstart their use. Similarly, the Amiga community could come together and pre-mine AmigaCoins, and then hand out coin parcels to users - maybe a token of up to $10 per coin parcel.

The problem with pre-mining the coins is that it requires power, and a lot of it. Where the community "pays" is through the money being payed to the electricity company. So essentially, if you give away free AmigaCoins you are giving away money as you still have to pay for the power to mine the coins.

Either way, to get traction with AmigaCoin some of the bigger Amiga community business leaders would need to put their weight behind it I would think...

Q!

"I knew this would turn out to be a strange decade when I saw a Sheep walking backwards in New Zealand"

Last edited by QuBe on 18-Mar-2014 at 03:32 PM.
Last edited by QuBe on 18-Mar-2014 at 03:27 AM.
Last edited by QuBe on 18-Mar-2014 at 03:27 AM.
Last edited by QuBe on 18-Mar-2014 at 03:26 AM.
Last edited by QuBe on 18-Mar-2014 at 03:22 AM.

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g_kraszewski 
Re: Amigacoin
Posted on 18-Mar-2014 14:34:48
#14 ]
Regular Member
Joined: 3-Sep-2010
Posts: 343
From: Unknown

@QuBe

I think to make AmigaCoins popular it would be interesting to mimic what Iceland has done with Aurora coins.

In fact Aurora has been created by some shady company based in Panama, all this Iceland stuff is their hype. As for AmigaCoin, why not, we have at least a few such coins emerging every week and dying a few months later, another one cannot make a difference...

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QuBe 
Re: Amigacoin
Posted on 18-Mar-2014 15:31:26
#15 ]
Super Member
Joined: 3-Dec-2006
Posts: 1075
From: Dunes of Uridia

@g_kraszewski

Yup, but who will pay the electric bill for pre-mining the precious numbers?

Actually, this crypto lark would go down well with Greens... use renewables to feed power to the servers for free, mine and "print" free money...

Q!

"I knew this would turn out to be a strange decade when I saw a Sheep walking backwards in New Zealand"

Last edited by QuBe on 18-Mar-2014 at 03:36 PM.
Last edited by QuBe on 18-Mar-2014 at 03:33 PM.

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dipsomania 
Re: Amigacoin
Posted on 18-Mar-2014 21:24:48
#16 ]
Member
Joined: 15-Mar-2014
Posts: 23
From: London

@QuBe

Yes, I thought that about a likeness between Auroracoin and Amigacoin. For this reason I pre-mined a lot of Amigacoins (many thousands blocks, every block has 100-1000 coins) and as I wrote above, everyone can ask me freely someone. However, my electric bill is still cheapy (I don't notice any changing) since last November when I started mining these cryptocoins (Bitcoin, Litecoin, Dogecoin, etc.), every day (9 AM to 12 PM); I have a "normal" PC with AMD FX-6300 (overclocked to 4.3 GHz) and one Radeon 7870 XT. Obviously if you have a farm with tens Radeon 7990 then expected to have more expensive bills.

Last edited by dipsomania on 18-Mar-2014 at 10:03 PM.

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tygre 
Re: Amigacoin
Posted on 19-Mar-2014 9:18:00
#17 ]
Regular Member
Joined: 23-Mar-2011
Posts: 279
From: Montreal, QC, Canada

@dipsomania and thread!

Welcome Dipsomania!

Interesting idea but for the AmigaCoins to be used, they need a value: how could the community decide the value? An interesting example is available on ArsTechnica but they "closed" their market for education... the values of other altcoins vary a lot!

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Scientific Progress Goes Boing!

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dipsomania 
Re: Amigacoin
Posted on 19-Mar-2014 10:44:46
#18 ]
Member
Joined: 15-Mar-2014
Posts: 23
From: London

@tygre

Yes, right, next weeks I'll try to get in touch some markets.

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KimmoK 
Re: Amigacoin
Posted on 19-Mar-2014 10:58:31
#19 ]
Elite Member
Joined: 14-Mar-2003
Posts: 5211
From: Ylikiiminki, Finland

@dipsomania



Other than that, the bitcoing whatever thingy is new to me, so I did not understand a thing...
For evening readings:
http://en.wikipedia.org/wiki/Cryptocurrency

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- KimmoK
// For freedom, for honor, for AMIGA
//
// Thing that I should find more time for: CC64 - 64bit Community Computer?

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klx300r 
Re: Amigacoin
Posted on 19-Mar-2014 13:19:33
#20 ]
Elite Member
Joined: 4-Mar-2008
Posts: 3836
From: Toronto, Canada

@dipsomania

hmm my PC doesn't have an Radeon HD but an older Nvidia GT610 so is it worth trying since it's a min case and small form video card do I have to worry about over heating etc

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c64-2sids, A1000, A1200T-060@50(finally working!),A4000-CSMKIII
! My Master Miggies- Amiga 1000 & AmigaOne X1000 !
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