Cryptocoin Mining?

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MangoX

Senior member
Feb 13, 2001
594
108
106
BTC-E can have a paypal withdraw option, but they take 7% off (with an additional ~4% Paypal fees). The whole process took about 3 business days for me. I think it's the way to go if you're doing small transactions. Other than that, use Money Wire if you're doing large (>2K USD).

Where do you see the Paypal option? I can't find that anywhere.

How about 24change? Seems I can use them with BTC-E and they can send to Paypal (which I prefer). But the minimum fee appears to be $20USD... that's too much since I only have a small amount to transfer.
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,440
5,429
136
Difficulty is dropping now. Do you expect it to keep dropping? It's good news for miners.

Difficulty is dropping because profitability is dropping, or in some cases negative for people with high electric utility rates. Especially with the implosion in LTC and DOGE prices (BTC is a bit better off).

Difficulty dropping is only good news for miners IF you expect a particular coin to go higher long term. It's anybody's guess whether that will be true for a particular coin or not.
 

Attic

Diamond Member
Jan 9, 2010
4,282
2
76
NXT is certainly novel, but it lacks the equity that some type of currency needs.
Effectively, the entire circulation of NXT was instantaneously minted at the time of release and delivered into the hands of the developers!

I talked about scam coins having large initial rewards for the developers and a few lucky early adopters to syphon off. NXT takes this to a new level.


What are your thoughts on StableCoin? The dev destroyed 1.2 million coins after a coin mixing idea didn't pan out, rather than keep and sell he destroyed. The eary miners actually got less coins per block than the later miners. The dev is trying to get it in use for Amazon and Steam. Readin the coin thread at bitcointalk has my interest up, litecoin's price drop and difficulty increase is making it a painful endeavor to watch.

I'm a bit stunned anyone would support some of the alt coins out there given how huge the scam screams SCAM!, but it appears a lot of shills or out working up hype for pump and dump techniques.
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,440
5,429
136
I haven't seen anything compelling outside of BTC and LTC. A lot of scam coins, a bunch of pump and dump coins, and some joke coins. DOGE surprised me by taking a life of its own (a pleasant surprise for my wallet).
 

nwo

Platinum Member
Jun 21, 2005
2,308
0
71
Estimated Next Difficulty 2917 in 0d 8hr 29m 28s

wohoo!

^_^

More coins for me!

In other news, it seems like doge difficulty is also going down:
Difficulty 297.28461566
Est Next Difficulty 293.29257779 (Change in 234 Blocks)

Of course doge isn't nearly as exciting (for me) but still...
 
Feb 19, 2009
10,457
10
76
NXT to the moon ! Hope you guys did not miss the train !

Can't mine it? Sad panda.

I would do more day-trading but not enough time in the day as it is! I'm gonna sit on this massive pile of Doge and hope in a few years time its worth an uber 4K x 3 monitor QuadFire/SLI rig or a boat...

If I had anymore BTC sitting around I would definitely buy some Doge, the ratio is ridiculously low to the point other scrypt coins are more profitable to mine! (How is that even possible?! Amaze)

ps. A lot of Doge pools are still suffering from massive attacks. There is a concerted effort from Doge-haters to shut it down.
 
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IEC

Elite Member
Super Moderator
Jun 10, 2004
14,440
5,429
136
I don't know about DOGE going that high, but I do think it's conceivable it could have another run like it did previously. Too much interest in it for pump and dumpers to NOT take advantage.
 

nwo

Platinum Member
Jun 21, 2005
2,308
0
71
ps. A lot of Doge pools are still suffering from massive attacks. There is a concerted effort from Doge-haters to shut it down.

I got excited when I saw doge.netcodepool.org back up. Went to dashboard, pool hashrate was in the 100s... I thought things were back on the right track, but now their site is down again

At least their mining servers remained up... for now.
 

JBT

Lifer
Nov 28, 2001
12,094
1
81
That rate is about on par with my overclocked 5850. I would think that your 7870XT is capable of doing better than this, very confusing.

Now, seeing how your 7870XT is based on the 79XX GPU chip, why not try swapping your settings for those used on a 7950? Then adjust down the numbers accordingly, based on the disabled portions of the 7950 chip.

For example, your thread concurrency of 8000 seems more appropriate for an HD 7700 card, which is way off compared to the roughly 21000-24000 you would use on a 7950. Seeing how your chip is a partially disabled 7950, why not increase your thread concurrency to maybe 20000? Technically I think it's a function of shaders or something, so getting the right number might just be a simple equation and knowing how many hardware things are still active on your 7950 chip running as a 7870XT.

I agree unfortunately it seems like most of these cards start getting hard ware errors with high I. From what I have read they can doo 550+ for bit coins but something about scrypt just doesn't seem to work out
They come with 1536 shaders, and I wouldn't doubt some secret forumula will work but I havn't found it yet. I've seen some folks get 440's but thier numbers don't work for me and many others. Its a shame really my $105 7850 gets more than this $240 card. It wins in games hands down, but mining it just mediocre at best it seems.

I'm not done searching though. I'll keep trying till I get sick of it. The nice thing about the Low I and decent hash rate it that the PC is perfectly usable while mining, so thats a perk I guess!
 

gbeirn

Senior member
Sep 27, 2005
451
13
81
I will give away some NXT to those who want it to start forging (Mining).

Post your addresses
 

f1sherman

Platinum Member
Apr 5, 2011
2,243
1
0
Thanks
(gonna use it to forge and pay my ninja lessons; kung-fu lessons turned out to be a waste of money against ninjas who killed my family)

8700184485899665331
 

blackened23

Diamond Member
Jul 26, 2011
8,548
2
0
So, generally not a worry when mining? The highest I seem them go is 80C but I'm wondering what would happen if for some reason they hit 130 or higher.

80 is fine, no worries there. And yeah, every GPU i've heard experiences about in the past couple of years will either throttle or BSOD if VRMs are too toasty. GPUs these days have built in throttling and other preventative measures to avert a disaster in case your VRMs get too warm. I wouldn't worry about it.

Worse case, you come home to a BSOD'ed computer with the GPU being otherwise fine.
 
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fixxor

Member
Aug 15, 2010
128
0
71
Can someone tell me how to convert my DOGE to LTC and my FTC to LTC. I'm on coinedup and tried to do by selling but it doesnt do anything? I'm confused...
 

nwo

Platinum Member
Jun 21, 2005
2,308
0
71
Can someone tell me how to convert my DOGE to LTC and my FTC to LTC. I'm on coinedup and tried to do by selling but it doesnt do anything? I'm confused...

Coinedup is buggy and you might have to wait a while to sell because prices change all the time and there are plenty of bots flooding the market and tanking the prices.

You can trade DOGE to LTC on cryptsy but I heard that's even worse....
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,440
5,429
136
Can someone tell me how to convert my DOGE to LTC and my FTC to LTC. I'm on coinedup and tried to do by selling but it doesnt do anything? I'm confused...

Fills aren't always instant. It's best to set a sell for the price you want to get (within reason) rather than chasing the bid down, because you'll get more that way.

Unless you're desperate, in which case you want to set a sell order for the highest buy bid minus 1 increment to be sure it sells right away.
 

JBT

Lifer
Nov 28, 2001
12,094
1
81
Coinedup is buggy and you might have to wait a while to sell because prices change all the time and there are plenty of bots flooding the market and tanking the prices.

You can trade DOGE to LTC on cryptsy but I heard that's even worse....

Coinedup is an Exchange. It uses Sell and Buy orders. Just because you want to sell at X, doesn't mean some else wants to buy at x, they are going to hold till the price is at y. You can always undercut all the sellers by looking at all the buy orders on the right hand side of the page. Check out how much the highest buy order is and price your DOGE and FTC accordingly.
 

nwo

Platinum Member
Jun 21, 2005
2,308
0
71
Coinedup is an Exchange. It uses Sell and Buy orders. Just because you want to sell at X, doesn't mean some else wants to buy at x, they are going to hold till the price is at y. You can always undercut all the sellers by looking at all the buy orders on the right hand side of the page. Check out how much the highest buy order is and price your DOGE and FTC accordingly.

That's not the bugs I was referring to. A couple of days ago, it took me a good 50 refreshes within a 2-3 hour time frame in order to get a single order/transfer going.

In other news, doge.netcodepool.org is back up... My dashboard hashrate has been at 1.2MH/s for a few hours, mining on two rigs, but I am still not getting any confirmed/unconfirmed shares. Anyone else getting the same issue?
 
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