Ethash Algo Coins that are in error & potential for 4gb gpu miners

[mstrozier]

Evening. I have noticed that we have many coins still in error under the Ethash algo. I understand PH now has new members hired on which is great so hopefully some of these will be corrected soon. But also wanted to update you guys that it seems by early April 4gb GPU's and E3 Asic mining rigs will no longer be able to mine ETH. And I believe already in some cases already can't mine ETC. There are some lower end coins that are still worth mining at least by GPU is QuarkChain (I put a ticket out a while back to get this coin added if possible), but also Ellaism, Pirl, Ether-1 and Expanse (already have a ticket out on Expanse being worked on). Some of these coins could possible offer decent returns for these now outdated gpu's / Asic rigs. So that they can remain in operations verses going completely offline or shifting to other pools. Can these be added for review in getting corrected / updated?

Thanks

[Steve Sokolowski]

The biggest problem right now with these coins is that the exchange STEX is offline because they changed their API without notifying anyone. The only exchange that accepts US customers where many of these coins are traded is STEX. Steven is working on getting STEX back to normal operation, and I hope that will be done by the end of the week.

Once Steven has STEX back online, then some of these errors will be resolved and then we can figure out which are still remaining.

Right now, the Ethash ASICS problem doesn't affect us because E3 miners do not allow auto-switching, and therefore they are assigned to ETH automatically, and ETH is not affected yet. When the change arrives, we can switch the auto-assignment of E3 miners to a different coin.

[Steve Sokolowski]

I also looked into some of the other coins. While Expanse is a coin we want to get running, there are a few coins that are unlikely to provide significant income to customers. For example, Ethergem has a total market capitalization of just $75,000, so even if we somehow obtained enough hashrate to mine 10% of the network's existing coins over the next year, we would only profit $375 for an entire year's worth of mining. It would cost more than that simply to get the coin operational and to pay for bandwidth, disk space, and power.

You shouldn't necessarily look at every coin as one that would be worth trying to fix. Some of these coins will probably remain as payout only, but I'll look into fixing as many as are reasonably possible.