Miner - Qitmeer
Why choose cuckoo cycle pow?
Proof-of-Work(PoW) is used to confirm transactions and produces new blocks, therefore it is a very important engine in PoW cryptocurrencies. PoW must not enable a participant to have a significant advantage over another participant. That is why Satoshi said: "Proof-of-work is essentially one-CPU-one-vote." However, most widely used proof-of-work algorithms, such as SHA-256, Blake2b, Scrypt, are more efficient on ASIC devices when compared to CPUs and GPUs. This can lead to ASIC owners posses a much larger voting power than CPU and GPU owners. It violates the “one-CPU-one-vote” principle. Cuckoo-Cycle-PoW ,a graph-theoretic proof-of-work algorithm. It is ASIC resistant. This algorithm focuses more on memory use, meaning the solution time is bound to memory bandwidth rather than the raw processor or GPU speed. The Cuckoo-Cycle algorithm is designed to find certain subgraphs in large pseudo-random graphs. In particular, Search for cycles of specified length L in a bipartite graph with M edges of N nodes. If a cycle is found and the hash difficulty is less than the target difficulty, the cuckoo cycle PoW is completed.
Mining device report
1.Speed test
Name
Cuckoo(24)(G/s)
Double Blake2b(G/s)
Power
Price(¥)
NVIDIA GeForce 1060
4.4
76
120W
2699
NVIDIA GeForce 1070
4.9
103
150W
3099
NVIDIA GeForce 1070 Ti
5.3
123
180W
3499
AMD 580
2.7
40
185W
1899
AMD 590
3
54
225W
1999
HD Graphics 620
0
3
Double blake2b testnet
1. generate a block every 2min
2. 860 blocks one day
3. one month 25000 blocks
2.Mining Device mining 30 min test
Name
Blocks of 30min
One day
NVIDIA GeForce 1060
45
45*48
NVIDIA GeForce 1070
56
56*48
NVIDIA GeForce 1070 Ti
60
60*48
AMD 580
30
30*48
AMD 590
50
50*48
cuckoo privnet
1. 860 blocks one day
2. one month 25000 blocks