decred will be ASIC proof for long time ( especially in initial phase) because coins are minted not only by PoW but also by PoS . so PoW ratio is 70 % and PoS ratio is 30 %. but sooner or later, ASICs will mine using stake, after minting through Pow. However, for ASICs manufacture/testing time, they are atleast 6 months away ( just a blind guess, not exact date). so yes, small miners have a chance, atleast for the first 6 months.
At least 6 months even more probably.There's a statement of the main investor somewhere here on the forum. Nice thoughts. Keep it up!
While I don't imagine there will be ASICs for the PoW right away due to the fact 14-round Blake256 is used and currently GPUs get a lot higher rates on 14-round blake than the existing 8-round FPGAs do, I want to point out that the quoted text is not correct in a couple of ways: 1) The split is 60% PoW, 30% PoS, and 10% dev org 2) Stake mining doesn't involve solving a puzzle like PoW does, so ASICs don't apply to stake at all
Thanks for explaining the percentages. but if ASIC mining starts, sooner ASICs will have more coins minted for PoW. After some time, more coins can be put on hold for PoS, so they will also get a big share for PoS. Thus, sooner or later, ASICs will jump decred bandwagon, and make decred reach out of common man,
It's not that easy to develop an ASIC, and costly too. The templates to make an IC can easily be a mil, plus it takes significant engineering skill. That will only start happening when it becomes extremely clear Decred is going to fly. About rent hash: highly unlikely, only place I found offering Blake 256 has a 2.2 Terahash machine that costs 22 bitcoins per 25 hours... The two possible sources of hash power are GPU farms and FPGA farms. Now that there's not much to do about.
i'm would like to buy a new GPU, these are the candidates: Gtx750i or 1 Gtx 950 I know gtx950 is quite better, but i have also read alot of good things about gtx750i. Any suggestion? My price range is 180 euro max.
On a side note about the 750TIs, most of them don't require extra power from your PSU, they get all the power they need from the pci-e lane. They make a good choice for old pre built machines that have crappy power supplies. Also I noticed that some motherboard manufacturers are leaving their pci-e 1x slots open on the back end. Allowing you to plug a GPU into them (most of the pins would just be hanging in mid air). Back when mining bitcoin I would manually use a dremil tool to take off the back slot on the pci-e 1x.
The 750 uses a lot less power. It is also quite quiet, and not a space heater. Handy in places like Texas.
Between those two I think just for mining GTX 750 Ti would be better, if you don't care about electricity cost for about 30 - 40 watts more at the same price choose GTX 950. Also be carefull to buy a GTX 750 Ti not a GTX 750. If you find an AMD R9 380 at around the same price and you don't care at all for elecricity cost, prefer it. From reviews I've seen on sites like Guru3D and TechPowerUp, GTX 750 Ti needs alone about 75 Watts max, GTX 950 about 110 Watts and you'll get a slight better hashrate with it and R9 380 about 190 Watts and it will might have at least double hashrate than GTX 750 Ti but we can't be sure for it without any results from minning at this time.
14-round Blake-256 hashing algorithm, you can find more on https://wiki.decred.org/Introduction and in other Resources.
btw, mainnet launch ( coin mining) is expected to start on 25 jan ( tentative ). Mining sources/binaries will be available 1 week before so as everyone can test there rigs and probably tune to best efficiency. Happy mining..
So out of curiosity I tried to calculate the theoretical earnings of an R9 290 (3.0gh/s) mining decree for 1 year. I set the block reward at an average of 1 year being close to 15.8 and a starting reward of 31. As far as difficulty (this could be anything really) I chose half of the current litecoin difficulty. As far as value I used $0.49 and kept the value of BTC flat at $450. Here is my results: Now this assumes ALOT of variables so take it for a grain of salt. Edit: A blakecoin mining calculator was used with variables changed so this may not be accurate anyway.
thanx. idid mine Blake before [Blakecoin and XDQ]. Whats now best miner for it [windows]. I have my old rig of 5x 280x R9s
Very nice first effort for calculation. Hope we'll get Decred hashrates soon from minning and having an accurate calculator as well.