Cryptocoin Mining?

[AnonymouseUser]

I've done some digging and it is a problem with Cryptsy DOGE deposits, and not the Dogecoin network. One of my deposits is currently @ 782 confirmations, but I still don't have it available to trade...

I'm switching back to WDC mining for now.

 

[holden j caufield]

.25v saves me ~60+ watts on the HIS ICEQ Turbo and I think but almost 15c, great card for low noise. Only about 610 khash but nice and stable so far, not worth it to get 700 khash and deal with crashes, heat and fan noise.

Have you undervolted the memory from 1.6v to ? I'm going to do it but it's just running so stable at 70c. I just turn on my boxes and let them mine.

 

[holden j caufield]

I've done some digging and it is a problem with Cryptsy DOGE deposits, and not the Dogecoin network. One of my deposits is currently @ 782 confirmations, but I still don't have it available to trade...

I'm switching back to WDC mining for now.

Mine is stuck on unconfirmed for close to 20 hours. How do I get my doge off cryptsy, that site sucks. Seem like it's been in limbo forever, can't trade it and can't send it back to my wallet.

 

[Silverforce11]

Doges volume generation is ~ 1/3 of BTC generation (at current prices)
But Doge is only one among tens of other coins,and all are seeking BTC protection.

Based on this - I can see it falling, but there isn't much of a chance of going considerably (IF ANYTHING AT ALL) up.
I.e. plenty of potential of going DOWN, little potential of going UP. LTC - steady but with opposite looking trend.
That is how I see it in short-midterm.
Your thoughts?

In theory yes, all alt-coins seek BTC to shield them, so they all want to trade into BTC, driving up the stable BTC price while altcoins suffer anytime there is a market slide, you see BTC falling 20-30% and altcoins falling 40-60% (some as high as 80% loss earlier). Altcoin holders always rush to BTC when the market falls as they try to bail out with as much cash as possible.

This has occurred for every single altcoin except Doge. When BTC fell, Doge went up, all other altcoins tanked hard. There has been an illogical flight into Doge anytime there's a fall in the market. It's like people have faith Doge will be their savior, they buy up as much as possible with their falling BTC value.. then wait til BTC recovers, and switch back selling Doge, losing nothing throughout the market trauma. There is a lot of optimism in Doge, thats the major difference.

For example, why go with Worldcoin, Digitalcoin, Namecoin, even Litecoin? Is there a logical reason for sticking with these coins? Not so much, LTC fell down to 0.02 of a BTC during the crash as people bailed asap.

 

[ultimatebob]

Heh... I looked at my power bill this afternoon, and it doesn't look like I made nearly as much as a profit on my Litecoin mining as I thought I would. The combination of my electricity rates going up and the price of Litecoin falling pretty much killed my profit margin. In fact, it looks like I barely broke even once you factor in the transaction fees.

I think that I'm going to bow out of this for the time being.

 

[Attic]

With current prices for crypto coins it's going to be a near wash with power/trasnaction fees and what a setup can mine.


Lot of guys are hoping the coins go up, so they'll stomach the break even point we are nearing now.


Doge looks like classic pyramid. Huge payouts for early goers, and those late to the game get 1/100th the payout per block of the originators. Of course it's intentional to build hype and generate wealth for creators/early miners. No question it's one of the most profitable places to be if you trade into BTC, the hash per BTC after that exchange is great compared to most other coins. Don't know how long that coin can pull in additional suckers to keep the value of the coins steady or up. Interesting take to build hype though.

 

[Binky]

19 hours and 1150+ confirmations...still no doge on cryptsy. I wish I could just unsend it.

 

[Kallogan]

So guys what's your next move ?

I'm on billioncoin right now among others, hopefully it will hit exchanges pretty soon.

(just took off the backplate of my R9 290 which sits on an open air bench table, much cooler)

 

[holden j caufield]

I'm waiting over 24 hours at cryptsy.com that place has terrible business practices. Not even a mention of why this is happening. Just leaving people hanging. People reddit this so no one else deposits or trades on cryptsy.com scam.

 

[JBT]

I use 15500 thread concurrency for my 7870s. My Sapphire and MSI cards both get 395kH/s stable with 975/1250 for MSI and 925/1250 for Sapphire. Running at 18 intensity. I would not recommend running on two threads for a 7870. That's probably what's killing your hashrate.

This is a 7870 LE its got 1536 shaders. Any time I use more Thread concurrency it kills my rates, as does single thread.

 

[SunnyD]

ginally got my 7870 LE to at least decent, sitting at a little over 400Khash/s by LOWERING the thread concurrency to 8000

cgminer-3.7.2\cgminer.exe" --scrypt -o stratum+tcp://pool1.us.multipool.us:7777 -u x.x -p x --thread-concurrency 8000 -I 12 -w 256 -g 2 --gpu-engine 1100 --gpu-memclock 1500

Changing clock speeds changes khash a little bit. increasing I to 18 or so KILLS rate, lowering to -g 1 and increasing -I also lowers to about 300, but I can find a few combo's getting me to 330. This is a freaking weird card.

I tried NOT setting anything and having cgminer guess the thread concurrency and it gives me 14208 and performance also tanks.

Can you try something like the following and let me know how well it does?

cgminer-3.7.2\cgminer.exe" --scrypt -o stratum+tcp://pool1.us.multipool.us:7777 -u x.x -p x --thread-concurrency 24000 -I 19 -w 256 -g 1 --gpu-engine 1080 --gpu-memclock 1500 --gpu-powertune 20

(Disclaimer: I take no responsibility or liability if this melts your computer/videocard/psu/house/etc)

 

[chimaxi83]

Can you try something like the following and let me know how well it does?

cgminer-3.7.2\cgminer.exe" --scrypt -o stratum+tcp://pool1.us.multipool.us:7777 -u x.x -p x --thread-concurrency 24000 -I 19 -w 256 -g 1 --gpu-engine 1080 --gpu-memclock 1500 --gpu-powertune 20

(Disclaimer: I take no responsibility or liability if this melts your computer/videocard/psu/house/etc)

This got my 7870LE an average of 320Kh/s. Surprisingly though, I got no hardware errors, whereas previously any intensity over 13 gave me nothing but errors.

 

[Smartazz]

I have the opportunity to pick up a 6870 for $60. Should I sell my 7950 and switch my secondary mining card to a 6870 and pocket the difference?

 

[Binky]

19 hours and 1150+ confirmations...still no doge on cryptsy. I wish I could just unsend it.

Quoting myself...doge finally "arrived" after about 24 hours. FU Cryptsy, I'm transferring this right out of your POS site.

 

[suklee]

Quoting myself...doge finally "arrived" after about 24 hours. FU Cryptsy, I'm transferring this right out of your POS site.

Where to? Coinedup?

 

[holden j caufield]

great it finally hit when the exchange to btc is the lowest I've seen. Shady. When I click transfer or withdraw on the doge actions the pop up screen is blank. Cryptsy.com is a scam site, everyone should avoid this place. Any business with problems would let their user base know with some message.

 

[Binky]

Where to? Coinedup?

I'm moving to vicurex, which is not a great trading platform, but at least they don't hold your coins hostage. Moving, that is, if I can break my coins free from the CRAPtsy prison they are locked in. I've tried three times to make a transfer and it just isn't working.

 

[SunnyD]

I have the opportunity to pick up a 6870 for $60. Should I sell my 7950 and switch my secondary mining card to a 6870 and pocket the difference?

For mining purposes? The 6870 will be able to get you about 300-320khash/sec no problems. 7950's are getting a bit hard to sell at $350, but still doable. Better profit margin than coining right now.

 

[chimaxi83]

How about coins-e.com? I have a few bitcoins there, which didn't take too long to confirm after moving from my wallet. Same for doge, they were sent and confirmed within about an hour.

Same issue with Cryptsy for me too, sent 2 million doge last night, and they're still just pending.

 

[SunnyD]

Is it wrong that even though I'm still mining doge, I absolutely want to see the price drop to like 0.0000005 or something so I can buy a bunch of it to sit on for a while?

 

[Silverforce11]

Is it wrong that even though I'm still mining doge, I absolutely want to see the price drop to like 0.0000005 or something so I can buy a bunch of it to sit on for a while?

Not just you, a lot of people have massive buy orders are lower price just for that, sit on it til its inflated back up 4 or 5x and amaze profit wow!

 

[Binky]

Rolling the dice on earthcoin. They have some nice graphics, but none of the humor of doge.

 

[suklee]

Install the bitcoin-qt wallet, send the coins from the pool to yourself once your wallet is working.

Encrypt the wallet with a very long pass-phrase, like "she sells bitcoins at the seashore plox please diet pizza" it doesn't really matter exactly what it is as long as it's something you can remember, it's sufficiently long, the words are at least partially random, and it helps a lot if at least one word is a made up word not in a dictionary. If you must, write it on a piece of paper and store it in a safe, but never ever use the same paraphrase anywhere online and never type it into your computer unless you are actually moving your bitcoins, and even then make sure you scan extra well to be sure you have no keyloggers.

Then you shut down bitcoin-qt, go into your appdata/roaming/bitcoin folder and copy wallet.dat into dropbox, microsoft skydrive, or google drive or better yet, all three. And keep a local backup too.


Or you can use a paper wallet, but there are potential risks involved in the printer storing the image and such. My above method is pretty safe.

Remembering the long pass phrase is gonna be the key right? I don't suppose it would be safe to store it in a password manager. (I use 1Password)

In general, for altcoins such as Doge, the method to secure my wallet would be the same?

A couple guides I've found recommend booting Ubuntu LiveCD. What are your guys thoughts on this method?

https://bitcointalk.org/index.php?topic=17240.0
https://en.bitcoin.it/wiki/How_to_set_up_a_secure_offline_savings_wallet

 

[thilanliyan]

What does orphaned shares mean anyway? I had about 1500 Doge unconfirmed according to the pool, then suddenly it turned into orphaned.

 

[Kallogan]

Is it wrong that even though I'm still mining doge, I absolutely want to see the price drop to like 0.0000005 or something so I can buy a bunch of it to sit on for a while?

Can't blame you, you're human