Cryptocoin Mining?

[f1sherman]

@SunnyD
You know what; maybe it wasn't premined. We'll see how this turns out.
But I'm not going to be a part of scamming enterprise. EAC devs said long ago that it will be 2% premined. And yes that sucks, but at least they were honest.

@Silverforce11
Small pools horrid block rates are leveraged with awesome winning yields.
And big pools often don't have enough of infrastructure to properly support their weight.

The way I see it, you don't want to be on very big pool which can solve block, before you even submit shares.
Then there is also the thing that some pools are simply better configured and have better results than others.

 

[Silverforce11]

@Silverforce11
Small pools horrid block rates are leveraged with awesome winning yields.
And big pools often don't have enough of infrastructure to properly support their weight.

The way I see it, you don't want to be on very big pool which can solve block, before you even submit shares.
Then there is also the thing that some pools are simply better configured and have better results than others.

In theory.

In theory solo mining is awesome, low discovery rates but you get ALL the yields.

I am getting perfect coins/day on pools that are 10-20% of the total network.

 

[KingFatty]

I am getting perfect coins/day on pools that are 10-20% of the total network.

How can we figure that out? For example, wemineltc, what is its percentage of total network?

 

[thilanliyan]

How can we figure that out? For example, wemineltc, what is its percentage of total network?

I think wemineltc is about 20-30% of the total network. I looked at allchains.info for that.

 

[TurtleCrusher]

https://www.wemineltc.com/gettingstarted

What GPU(s) do you have? Take a look at https://litecoin.info/Mining_hardware_comparison to get an idea of hash rates.

I just have a single 6870 at stock settings. It's rated at 293-355 kH/s. Is that good enough to make a profit?

 

[dfuze]

I just have a single 6870 at stock settings. It's rated at 293-355 kH/s. Is that good enough to make a profit?

It depends on what coin your mining and how much your electricity costs.

 

[SunnyD]

I just have a single 6870 at stock settings. It's rated at 293-355 kH/s. Is that good enough to make a profit?

Here you go.

Taking out the outliers, you'll make $3/day or so assuming $0.10/kWh electricity rate.

 

[Silverforce11]

I just have a single 6870 at stock settings. It's rated at 293-355 kH/s. Is that good enough to make a profit?

Not really worth the hassle until you get to around 600 kH/s onwards, at least at that level, its a few hundred $$ a month. Enough for some PC upgrades. Thats if you mine and sell, ofcourse.. which there's never been a better time, so many scrypt coins are very profitable its an amazing time to be GPU mining.

Its weird thinking back not long ago, only Americans (cheap electricity) or others living with special housing (free electricity) would mine, due to the measly dollar a day after costs. I think there's a post from me in this thread near the start moaning about that situation, due to our expensive electricity cost it was break even or a loss with mining!

Exactly one month ago on a whim, I ran out and got 2x R290 to mine (was itching for an upgrade anyway), and free GPUs later and thousands $$ worth of coins after.. its still going strong. There's no china pull-out to scare the market again so prices look like stabilizing or going up (BTC).. unless there's some drastic USA government intervention, looks like blue skies ahead!

IF in another month, the situation is still profitable with alt coins, I am gonna setup a small custom R290 farm in my garage.. even thought its dirty hot summertime here and we pay $0.3USD per kWh!

 

[geokilla]

DOGE/BTC just went to 0.00000071... Significant jump from 0.00000059!

 

[IEC]

DOGE/BTC just went to 0.00000071... Significant jump from 0.00000059!

I'm not sure how that's happening with a bunch of buy and sell orders on the books for lower...

... and back to .00000059

 

[JBT]

Coinedup keeps showing that price I think it's a cache issue.

 

[gbeirn]

anyone want to trade me some NXT for BTC? PM if interested. I'll be installing the wallet and looking more into it this evening... Got to go to work for now.

Edit: WTF is up with RippleCoin? How is it #2 in market cap? I figured LTC would be.,....

Sure let me know how much you want

 

[KentState]

Not really worth the hassle until you get to around 600 kH/s onwards, at least at that level, its a few hundred $$ a month. Enough for some PC upgrades. Thats if you mine and sell, ofcourse.. which there's never been a better time, so many scrypt coins are very profitable its an amazing time to be GPU mining.

Its weird thinking back not long ago, only Americans (cheap electricity) or others living with special housing (free electricity) would mine, due to the measly dollar a day after costs. I think there's a post from me in this thread near the start moaning about that situation, due to our expensive electricity cost it was break even or a loss with mining!

Exactly one month ago on a whim, I ran out and got 2x R290 to mine (was itching for an upgrade anyway), and free GPUs later and thousands $$ worth of coins after.. its still going strong. There's no china pull-out to scare the market again so prices look like stabilizing or going up (BTC).. unless there's some drastic USA government intervention, looks like blue skies ahead!

IF in another month, the situation is still profitable with alt coins, I am gonna setup a small custom R290 farm in my garage.. even thought its dirty hot summertime here and we pay $0.3USD per kWh!

It is pretty crazy what you can mine right now. At my current hashing rate, I can make around $18/day on Dogecoin, $12/day on Litecoin and my ASIC barely does $15/week on BTC. Amazing that 7.7Gh/sec has such a low yield, but after a few months it paid for itself.

 

[Silverforce11]

"Gonna disagree, I have a large bet on CAT doing well in the future. " - me, yesterday.

Meanwhile, Cat is flying to the moon. 0.001 of a BTC!

Most profitable altcoin to mine that gives consistent results.. get in quick before difficulty spikes up x5.

Come on kitty, make daddy some $$!

Edit: oops, difficulty just up by 3x..

 

[suklee]

Edit: oops, difficulty just up by 3x..

You staying on CAT after the spike? Not sure if I should switch back to Mooncoin or Doge.

 

[geokilla]

You staying on CAT after the spike? Not sure if I should switch back to Mooncoin or Doge.

I'm staying overnight... If only I remembered to put my computer into high performance mode after I formatted two nights ago. I'd have like 5 CATs by now.

Actually. I'm back on DOGE... Far more profitable. I think the pool I was using for CAT wasn't good. Was using http://cat.coinium.org/ and made apparently, only an equivalent of 5k DOGE in 12h. I used to make around 10k DOGE every 8 hours or so..

 

[Silverforce11]

You staying on CAT after the spike? Not sure if I should switch back to Mooncoin or Doge.

If you mine and sell immediately then mine whatever is currently most profitable.

CAT with its difficulty now is much less profitable than Doge but the price is steadily rising so I think we will see an even-out process. It's been this way for awhile, Cat/Doge are similarly profitable to mine.

If my bets are correct, there's still a lot of room for price to move up from current 0.0014 BTC, it will have to get to around 0.0025 to reach the equivalent profitability of mining as Doge (which I think it will given the close pairing value of these lolcoins).

As to staying on CAT, yes for sure. As i've said several times, Bitcoin replica in Scrypt, lolcatz appeal and hello kitty factor.. if you cannot see the appeal for the masses..

 

[thilanliyan]

How long does it actually take to forge a NXT coin? I left my client running and my wallet open for several days and my total hasn't budged...? I know the more you own the better it is, but how many NXT do you have to have for example to get 1 NXT in one day?

 

[IEC]

Dumped about a million MOON. Considering that's 1 hour's worth of mining earlier today, quickest 0.1 BTC I've earned in some time...

Was a total pump and dump looks like though. So many sellers, not so many buyers on CoinEx.

 

[Silverforce11]

Dumped about a million MOON. Considering that's 1 hour's worth of mining earlier today, quickest 0.1 BTC I've earned in some time...

Was a total pump and dump looks like though. So many sellers, not so many buyers on CoinEx.

Moon coin has the aura of tainted.. unlikely to get anywhere now with pools abandoning ship, sell while you can. A lot of the biggers buys that i've seen are small BTC amount, just people spending 0.1 or 0.2 not much, just a bet in case Moon isn't a joke.

 

[UNhooked]

Finally built my Mining rig. Got tired of running some GPus in my server and some in my back up rig.

Corsair 540 Case with some high powered Koolance 38MM fans. It was this case or the Coolermaster XB. This once out due the space for a 360mm rad in the future.

MSI Z77 Mpower mobo got it for $60 at Frys. Had to watch the guys amazement when I asked him for the cheapest Celeron he had to go with it.
G1620 2.7Ghz in da house y'all. Say waht!!!!
Stuck a WD Black 2.5mm 250 HDD that I had lying around. Surprisingly fast.
And my babies. 3 R9 290s.

Powered by my highly understated Enermax Galaxy 1250 Clone the Sapphire Pure PSU 1250W. I knew I should hold on it even though it has only been powering up my measely server most of it's life.

Doing about 2.4 Mh/s after a lot of tweaking. Haven't overclocked the cards since 800 kh/s per card is plenty fine for me. And this is with Intensity set to 17. So PC is just as responsive no lagging or slowing down.

Pulling about 1050 - 1075 Watts at the wall. I think that's fine for now.
I'll eventually watercool them once they have made me some $$$ for now I need to recover some of the cost back.

So question. Are rejects based on the pool or my Hardware?
2 of my cards have high rejects compared to my 3rd which also happens to be my slowest.
Currently one card has A:119296 R:4608 while my slowest card has A:132096 R:512

 

[KlokWyze]

Finally built my Mining rig. Got tired of running some GPus in my server and some in my back up rig.

Corsair 540 Case with some high powered Koolance 38MM fans. It was this case or the Coolermaster XB. This once out due the space for a 360mm rad in the future.

MSI Z77 Mpower mobo got it for $60 at Frys. Had to watch the guys amazement when I asked him for the cheapest Celeron he had to go with it.
G1620 2.7Ghz in da house y'all. Say waht!!!!
Stuck a WD Black 2.5mm 250 HDD that I had lying around. Surprisingly fast.
And my babies. 3 R9 290s.

Powered by my highly understated Enermax Galaxy 1250 Clone the Sapphire Pure PSU 1250W. I knew I should hold on it even though it has only been powering up my measely server most of it's life.

Doing about 2.4 Mh/s after a lot of tweaking. Haven't overclocked the cards since 800 kh/s per card is plenty fine for me.

Pulling about 1050 - 1075 Watts at the wall. I think that's fine for now.
I'll eventually watercool them once they have made me some $$$ for now I need to recover some of the cost back.

Nice rig. Open air "case"? Pics?

I've got 2 rigs. 1 with a 7970 and another with 2x WF 7950's. Both open boxes. The former I just took my saw-zaw to an old case and the other I built using 2x4's and a metal "L" beam. I need to experiment and tweak to get better hashes. But for now stability is the most important. No use running to the hilt if they crash every other day.

Anyone know the easiest way to get NXT? I'm willing to trade any currency. Including USD.

 

[UNhooked]

Will post some tomo. No open case for my. I have a very curious 3 year old running around the house. So it had to be close case with max "openess" The 540 won out. I knew I need some fast fans right next to the GPU's

Max temps hit 92C on the sandwiched card at that point the fan ramps up and brings it down to 88C or so.

Exhaust air temp is about 65C. Exhaust air temp from my PSU is 45C hahaa. That PSU is laughing at me.

Going to bed it's late on the east coast. Happy mining.

 

[taq8ojh]

@UNhooked
800kh/s with 290? There's something really wrong, some people can get that with 280x (typically 750 from what I can see).
I believe you should be getting much more than that even when not overclocking.

 

[Silverforce11]

My stock R290 get ~836 kH/s with Guiminer, I hear people get around 860 to 880 with cgminer though. I cannot be bothered to mess with it since I've tried a few times and cgminer refuses to co-operate nicely.

I've tested it at 1ghz core and 1500 memory and it gets to nearly 900 kH/s (mostly due to the vram clocks), very nice but its summer here and this rig is next to me as I work throughout the day.. I dont want to deal with extra heat.