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Templario
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AmigaCoin is dead? Posted on 6-Jul-2018 16:09:06
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Elite Member |
Joined: 22-Jun-2004 Posts: 3663
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phoenixkonsole
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Re: AmigaCoin is dead? Posted on 6-Jul-2018 16:16:39
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Super Member |
Joined: 8-Nov-2009 Posts: 1770
From: Unknown | | |
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| @Templario Didn’t get much support .. wrong community : ) You can be more successful with dodgecoin A pity .. I had fun mining it _________________ AROS Broadway - AEROS - Aminux - AmiCloud - indieGO! Appstore - AmiWallet - VAN lossless video codec - AMC Amiga media Center -KrypUnite - LibertyNet - MinX - amigaNX |
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Lou
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Re: AmigaCoin is dead? Posted on 6-Jul-2018 16:19:54
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Elite Member |
Joined: 2-Nov-2004 Posts: 4169
From: Rhode Island | | |
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| A shame you can't mine with actual Amigas... |
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Lou
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Re: AmigaCoin is dead? Posted on 6-Jul-2018 16:20:01
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Elite Member |
Joined: 2-Nov-2004 Posts: 4169
From: Rhode Island | | |
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| A shame you can't mine with actual Amigas... |
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phoenixkonsole
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Re: AmigaCoin is dead? Posted on 6-Jul-2018 16:40:37
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Super Member |
Joined: 8-Nov-2009 Posts: 1770
From: Unknown | | |
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| @Lou even if you could, they would be to underpowered to compete. For this reason we are working on a pure "masternode" coin.
_________________ AROS Broadway - AEROS - Aminux - AmiCloud - indieGO! Appstore - AmiWallet - VAN lossless video codec - AMC Amiga media Center -KrypUnite - LibertyNet - MinX - amigaNX |
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Bugala
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Re: AmigaCoin is dead? Posted on 6-Jul-2018 17:28:35
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Cult Member |
Joined: 21-Aug-2007 Posts: 649
From: Finland | | |
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| @Topic
Is it dead as in cant do anything about it, or dead, as in no one mining it?
One problem was that i was basically wanting to mine it, but didnt find clear enough instructions to do so back when i tried.
I actually meant to try it again with Bitmains L3 machine, since they both based upon same algorithm to my understanding, so perhaps i could have mined it with that. |
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phoenixkonsole
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Re: AmigaCoin is dead? Posted on 6-Jul-2018 17:36:24
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Super Member |
Joined: 8-Nov-2009 Posts: 1770
From: Unknown | | |
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| @Bugala It is done.. there is no active node = no network
You can join the new train : ) https://discord.gg/HdryjAm _________________ AROS Broadway - AEROS - Aminux - AmiCloud - indieGO! Appstore - AmiWallet - VAN lossless video codec - AMC Amiga media Center -KrypUnite - LibertyNet - MinX - amigaNX |
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Overflow
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Re: AmigaCoin is dead? Posted on 6-Jul-2018 17:55:14
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Super Member |
Joined: 12-Jun-2012 Posts: 1628
From: Norway | | |
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| @phoenixkonsole
The raw processing power required for a currency can be offset by algorithms/hardcoded to require 68k or?
I realise that if a certain currency is designed to be mined on 68k hardware (like Amiga), someone will adjust emulation to take advantage of the massive power of x68 CPUs.
With the unstability of the US dollar, and several large central banks selling off US treasuries, and moving to Gold (safe haven when people start to suspect a crash); it seems like certain monetary players are actively searching for alternatives for the US Dollar as the reserve currency. Several contries are now trading their oil in Euro instead of US dollar for example.
This is one of the reasons why bitcoins/chain seems to be discussed alot. Last edited by Overflow on 06-Jul-2018 at 05:56 PM.
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phoenixkonsole
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Re: AmigaCoin is dead? Posted on 6-Jul-2018 18:09:40
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Super Member |
Joined: 8-Nov-2009 Posts: 1770
From: Unknown | | |
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| @Overflow Nope.. we are living in a world of ASIC and FPGA's : ) You can't hide you can't fight... They always get you.. As soon it makes sense, someone will create a "custom" design to solve your algorithm.
To ensure that a coin can't be mined by an ASIC or FPGA, you would need to raise memory requirements to the moon and this again is not the home of our amiga ...
EDIT: Also mining wastes energy.. PoW (proof of work = mining) got an alternative called PoS (proof of Stake). With a PoS coin you get the chance to fill the next block just by holding coins or running a so called masternode. They don't need to be powerful.. The requirement is a given number of coins and 24/7 on-time. Last edited by phoenixkonsole on 06-Jul-2018 at 06:12 PM. Last edited by phoenixkonsole on 06-Jul-2018 at 06:11 PM.
_________________ AROS Broadway - AEROS - Aminux - AmiCloud - indieGO! Appstore - AmiWallet - VAN lossless video codec - AMC Amiga media Center -KrypUnite - LibertyNet - MinX - amigaNX |
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Overflow
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Re: AmigaCoin is dead? Posted on 6-Jul-2018 18:17:20
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Super Member |
Joined: 12-Jun-2012 Posts: 1628
From: Norway | | |
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| @phoenixkonsole
Yeah, Ive heard the PoW and PoS discussion.
With regards to wasted energy, that depends how you frame it.
What is standard currency, like the US Reserves, being maintained by?
One of the main securities for US Dollar is US military/NATO, so IF you decide to really do a realitybased calculation as to how much energy is spend to generate 1 US dollar equivialent in BitCoin, Im not confident the standard currency is more enviromental/energy efficient.
BUT, this becomes a very difficult framing, I agree. I still think its a valid datapoint |
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Niolator
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Re: AmigaCoin is dead? Posted on 6-Jul-2018 18:58:38
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Super Member |
Joined: 3-May-2003 Posts: 1420
From: Unknown | | |
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| @Lou
Quote:
Lou wrote: A shame you can't mine with actual Amigas... |
I am proud that you can't mine on Amiga computers. It makes it a shining beacon of sanity. Mining is the biggest waste of computing power in history.
edit: typoLast edited by Niolator on 06-Jul-2018 at 06:59 PM.
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phoenixkonsole
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Re: AmigaCoin is dead? Posted on 6-Jul-2018 18:59:44
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Super Member |
Joined: 8-Nov-2009 Posts: 1770
From: Unknown | | |
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| @Overflow You are right.. But keep US $ out and just compare PoS and PoW.. is complex enough : )
Whatever .. from my personal experience I can say that for Oldschool computers PoS is the way to go.. Mining (PoW) requires continually upgrading to the most powerfull/efficient device in order to compete with other miners..
if you like, and I suggest, keep an eye on the discord channel.. You will soon find talk about AmiCloud /indieGO appstore/AEROS/PiggyBank Miner/CryptoMages and a lot more as well as previews.
I would be glad if the first participants would be Amigans.. you know.. the early bird catches the worm.. (german). We will do some airdrops and we have now established a level-checker channel.
_________________ AROS Broadway - AEROS - Aminux - AmiCloud - indieGO! Appstore - AmiWallet - VAN lossless video codec - AMC Amiga media Center -KrypUnite - LibertyNet - MinX - amigaNX |
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Templario
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Re: AmigaCoin is dead? Posted on 6-Jul-2018 19:06:20
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Elite Member |
Joined: 22-Jun-2004 Posts: 3663
From: Unknown | | |
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| Hum, perhaps if the mining programs will run on MorphOS, AROS and AmigaOS4.x, the AmigaCoin will be live but the big question where get the AmigaCoins and where they be can use to buy things. |
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phoenixkonsole
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Re: AmigaCoin is dead? Posted on 6-Jul-2018 19:24:49
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Super Member |
Joined: 8-Nov-2009 Posts: 1770
From: Unknown | | |
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| Well as soon a coin is on an exchange, you can change it into bitcoin and this can be exchanged to euro or dollar
In our case we are going to accept the coin in our shop and in the AppStore Also a Cloud Mining service is going to accept the coin.
_________________ AROS Broadway - AEROS - Aminux - AmiCloud - indieGO! Appstore - AmiWallet - VAN lossless video codec - AMC Amiga media Center -KrypUnite - LibertyNet - MinX - amigaNX |
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robo-ant
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Re: AmigaCoin is dead? Posted on 6-Jul-2018 21:22:36
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Regular Member |
Joined: 3-Feb-2008 Posts: 205
From: The anthill to the west of the silver maple | | |
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| @Niolator
Quote:
I am proud that you can't mine on Amiga computers. It makes it a shining beacon of sanity. Mining is the biggest waste of computing power in history.
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I would love to be able to "mine" Gridcoin on my Sam using AmigaOS. That is one coin that is not a waste of computing power or energy. It is having some issues with GDPR now, though, because World Community Grid and Einstein@home have made changes for GDPR compliance (with more projects to follow, probably).
I would not make my computers work on PoW stupidity like Bitcoin.
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phoenixkonsole
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Re: AmigaCoin is dead? Posted on 11-Jan-2019 18:07:18
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Super Member |
Joined: 8-Nov-2009 Posts: 1770
From: Unknown | | |
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| Meanwhile we progressed with telos and our network has grown to the top 3 based on number of connected nodes. By end of next month we could reach place 2 . Telos value is around 0.3 cents .
https://masternodes.online/currencies/TELOS/
We are close to finish the steps to finish work on the new transcendence dashboard which will be also available for Amigans and combines the AppStore with the cloud part.
Next week we will release Aeros for Pi 4.3 which adds support for pi 3+ and the telos wallet (and more .. ). Everyone who bought AEROS plus or premium can ask for free 1000 Telos.
Aeros Plus will be available for free and premium with Exegear desktop which allows execution of x86 binaries on ARM will be less expensive. Last edited by phoenixkonsole on 11-Jan-2019 at 06:32 PM. Last edited by phoenixkonsole on 11-Jan-2019 at 06:14 PM.
_________________ AROS Broadway - AEROS - Aminux - AmiCloud - indieGO! Appstore - AmiWallet - VAN lossless video codec - AMC Amiga media Center -KrypUnite - LibertyNet - MinX - amigaNX |
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Bugala
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Re: AmigaCoin is dead? Posted on 12-Jan-2019 22:13:26
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Cult Member |
Joined: 21-Aug-2007 Posts: 649
From: Finland | | |
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Snorg
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Re: AmigaCoin is dead? Posted on 13-Jan-2019 0:11:02
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Regular Member |
Joined: 1-Feb-2018 Posts: 117
From: Unknown | | |
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| Damn it, Jim, I'm a programmer, not a banker.
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phoenixkonsole
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Re: AmigaCoin is dead? Posted on 13-Jan-2019 0:16:36
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Super Member |
Joined: 8-Nov-2009 Posts: 1770
From: Unknown | | |
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| @Snorg Well the idea is to fund amiga developments : ) And to allow people gaining a bit passive Monopoly money to buy stuff from developers.
_________________ AROS Broadway - AEROS - Aminux - AmiCloud - indieGO! Appstore - AmiWallet - VAN lossless video codec - AMC Amiga media Center -KrypUnite - LibertyNet - MinX - amigaNX |
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