i'm actually mining here : http://noble.idcray.com
pool is running fast and smooth for me (from EU) actually around 3% of rejected shares and maybe for my faulty settings but higher hashrate (+0,5-1%) compared to other 3-4 pools that i tried

can someone tell me what it means to have my coins orphaned, still finding my feet, thanks for the imput

I also need a lot of help
The people in the communities are good people
They can help us

These scrypt ASICs are gonna totally decimate the entire altcoin market unless coins take steps to protect themselves.

That wouldn't even make sense... People pay big cash for those ASIC miners, why would they destroy the coins they mine. They need to get their investment money back. Coins will however have to prove themselves more then ever because the weak and unsupported coins may not survive it. And the coins you are mining right now might even be worth a lot more because there will be a much much higher difficulty and a lot less people will be able to mine. Sure, in the transition period where only a few ASICs are out the difficulty will be in between and you get mined away by them but once the market settles and adjusts to these new changes the stronger coins will live.

ASIC = Good for the rich and the little guy that got in early.... Bad for the rest.

In terms of security there is a lot of issues with virtually every coin in the alt-coin scene. Because of the lack of security (many different coins all sharing the same the same hashing algorithm) I see a lot of coins needing to implement new things. Although there is a lot of stigma against ASICs, they play a very fundamental role in securing a blockchain in a decentralized manner. The addition of specialized hardware/software inherently adds to the value of a technology. This is what happened to Bitcoin. The advent of ASICs played the biggest fundamental role in making it one of the most secure blockchains (if not the most secure blockchain) in the world.

Unfortunately, the way I see it, all of the alt-currencies will continue to remain insecure. Because people can fork coins using a new algorithm (assuming they are open source), even new algorithms are no longer safe from this security risk. From the perspective of security, the only way to make a blockchain "secure" is to release a chain that either is continuously backed up on a server (I think NEC did this) or to develop a new algorithm that remains closed source until the network grows strong enough. After all, only one coin can be made truly secure with each algorithm. But these two methods come with serious drawbacks (centralization primarily which is kinda against the tenets of a crypto-currency and with the backup method, the backup needs to be secure). I know that there is also PoS as a security measure, but it hasn't been fully tested as a viable option.

I definitely agree that this is something that the development team needs to consider closely. However, I will say that switching from one algorithm to another isn't always the best way to go about it.

I tend to agree with you that a lot of people will destroy the long-term for short-term gains. However, I think that ASICs will spike up a select few sCrypt-based coins. It’s strange , in this realm, usually what has happened with a spike in price followed by a crash. That said, I think there will be a few coins that will benefit from the introduction of ASICs. The technology invested into making a secure network isn’t a small amount and traditionally markets follow suit. At some point though, if there are too many algorithms, I could envision coins being in a similar boat that we are already in.

OK, I'll throw my main card from poolerino on there. whats the addy.

Send the 1k to the water charity.

Just had another card die so down to 2 on my mining rig and it's hitting Doge while price and dif are LOW!

Gigabyte RMA's are slow. 2 cards in as many weeks is lousy.

Anybody else get sticker shock from elec bill this month? :eek: doubled!