Cryptocoin Mining?

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wand3r3r

Diamond Member
May 16, 2008
3,180
0
0
Whoa, is doge the underestimated cryptocurrency? Honestly that's shocking that it would be the #3, although it doesn't mean that anyone else would have chosen it to be.

The main thing it has going for it is the popularity. What's strange is that there are 100 billion coins yet it continues to surprise (me anyway).

I haven't been following the alt coins very much but doge is definitely the most mentioned after the big 2 bitcoin and litecoin.
 

wand3r3r

Diamond Member
May 16, 2008
3,180
0
0
Oh gawd.. now i regret selling so much Dodge when it was around 40/M of a BTC.

This is insanity watch it fly.

I'm still wondering what it will do long term. The hype feels like it's going to go upwards, but 100,000,000,000 coins suggest not. :biggrin:

Either way it will be an interesting year.
 
Feb 19, 2009
10,457
10
76
I'm still wondering what it will do long term. The hype feels like it's going to go upwards, but 100,000,000,000 coins suggest not. :biggrin:

Either way it will be an interesting year.

Well its already move than 1/4 mined and in such a short time, yet its actually worth more now than when it was at launch or near launch. All cryptocoins survive on is an illusion of worth or value, hype adds to that.
 

geokilla

Platinum Member
Oct 14, 2006
2,012
3
81
Just wondering here. Anyone know how to check the VRM temperatures on my XFX 7950 TDKC? All I got is one temperature reading, which is usually the core temperature. Never knew XFX was this crappy.. I regret not getting the ASUS or Gigabyte when I could have.
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,362
5,033
136
Just wondering here. Anyone know how to check the VRM temperatures on my XFX 7950 TDKC? All I got is one temperature reading, which is usually the core temperature. Never knew XFX was this crappy.. I regret not getting the ASUS or Gigabyte when I could have.

They don't want you to see VRM temps because then you will cry...
 

hondaf17

Senior member
Sep 25, 2005
757
6
81
How do you get started mining Doge?

Right now I have my 6950 mining at WeMineLTC. However, one 6950 doesn't do much with current difficulty.

Maybe just throw it at Doge, mine quicker, get a lot more coins, and capture a rising value?

So, how do you get started mining Doge?

TYIA,
 

wand3r3r

Diamond Member
May 16, 2008
3,180
0
0
How do you get started mining Doge?

Right now I have my 6950 mining at WeMineLTC. However, one 6950 doesn't do much with current difficulty.

Maybe just throw it at Doge, mine quicker, get a lot more coins, and capture a rising value?

So, how do you get started mining Doge?

TYIA,

Register for a dogepool (I'm not sure which, there have been shady ones in all the alt-coins so set the auto-payout to pay out regularly).

Who knows where doge is going, it could go either way. If you care, sell for LTC or BTC daily. It just appeared to raise from the lows and basically doubled last week. It could double again, not do anything, or halve so take that into account.

Here's the thread, it has links for the pools and wallets.
https://bitcointalk.org/index.php?topic=361813.0


During the rise this caught the momentum in a dogecoin fashion.

Dogecoin so hot right now i'm taken off all my clothes
https://bitcointalk.org/index.php?topic=361813.10240
 

slashbinslashbash

Golden Member
Feb 29, 2004
1,945
8
81
How do you get started mining Doge?

Right now I have my 6950 mining at WeMineLTC. However, one 6950 doesn't do much with current difficulty.

Maybe just throw it at Doge, mine quicker, get a lot more coins, and capture a rising value?

So, how do you get started mining Doge?

TYIA,

Doge uses scrypt, same as Litecoin. All GPU-related settings etc. will stay the same.

1) Set up an account at a Doge pool. I use dogehouse.org
2) Set up a worker at your Doge pool
3) Change your cgminer to point at the Doge pool and use the Doge worker
4) Don't change anything else in cgminer. Use same settings as for LTC.
5) Dig!
 

bob32768

Member
Feb 7, 2013
41
0
76
How do you get started mining Doge?

Right now I have my 6950 mining at WeMineLTC. However, one 6950 doesn't do much with current difficulty.

Maybe just throw it at Doge, mine quicker, get a lot more coins, and capture a rising value?

So, how do you get started mining Doge?

TYIA,

If you don't care to try the arbitrage game the manual way, you can just get a bitcoin address (make a free one at blockchain.info) and then mine with middlecoin. No registration required, just start mining with your BTC address as the username and it automatically pays out.

Middlecoin, like other "profit" pools, tries to mine the most profitable scrypt coin (which changes all the time, but frequently is DOGE) with the aim to make the most BTC at the end of the day. There are some fees involved, so other pools might be better/cheaper (hashco.ws has lower fees, but was hacked recently).

I like the simplicity of middlecoin. I've got around 0.12 BTC in less than a month with my overlocked/unlocked 6950 (around 480-490 kh/s). I could maybe do better with by-and-hold, or manually switching, or watching exchange rates, but I can't be bothered -- I'm fairly busy and this way my mining rig just hums along without any real intervention required. This is all with a 3 year-old 6950, so it's not like I'm trying to pay off an expensive GPU.

I also don't expect GPU mining to be terribly viable much longer, given that ASICs are rolling out soon and difficulty is getting pretty damn high. Without all these alt-coins and their crazy fluctuating values, I'd probably just stop.
 

holden j caufield

Diamond Member
Dec 30, 1999
6,324
10
81
I keep hearing about ASICs for scrypt mining but it seems to have been rumor for some time. Has anyone seen a prototype in action yet? Or is this like bigfoot
 

KlokWyze

Diamond Member
Sep 7, 2006
4,451
9
81
www.dogsonacid.com
I keep hearing about ASICs for scrypt mining but it seems to have been rumor for some time. Has anyone seen a prototype in action yet? Or is this like bigfoot

If I were a manufacturer I would be "testing" them as I was building them, but TBH I think the spike in difficulty looks like it's just from the last release of new cards on the retail front, but I'm no expert.
 

KlokWyze

Diamond Member
Sep 7, 2006
4,451
9
81
www.dogsonacid.com
If you don't care to try the arbitrage game the manual way, you can just get a bitcoin address (make a free one at blockchain.info) and then mine with middlecoin. No registration required, just start mining with your BTC address as the username and it automatically pays out.

Middlecoin, like other "profit" pools, tries to mine the most profitable scrypt coin (which changes all the time, but frequently is DOGE) with the aim to make the most BTC at the end of the day. There are some fees involved, so other pools might be better/cheaper (hashco.ws has lower fees, but was hacked recently).

I like the simplicity of middlecoin. I've got around 0.12 BTC in less than a month with my overlocked/unlocked 6950 (around 480-490 kh/s). I could maybe do better with by-and-hold, or manually switching, or watching exchange rates, but I can't be bothered -- I'm fairly busy and this way my mining rig just hums along without any real intervention required. This is all with a 3 year-old 6950, so it's not like I'm trying to pay off an expensive GPU.

I also don't expect GPU mining to be terribly viable much longer, given that ASICs are rolling out soon and difficulty is getting pretty damn high. Without all these alt-coins and their crazy fluctuating values, I'd probably just stop.

Middlecoin sucks and has never worked reliably for me. I don't trust how it decides what the most "profitable" coin is either, when it's even working correctly.

I do agree with you on GPU mining being on it's last legs right now. Unless there is an investment spending spree in the market GPU mining will be dead in 3 months, maybe less.
 

wand3r3r

Diamond Member
May 16, 2008
3,180
0
0
In one dogecoin pool there's 8 members from 53 MHash/s up to 93 MH/s each! There are some coin farms out there.
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,362
5,033
136
In one dogecoin pool there's 8 members from 53 MHash/s up to 93 MH/s each! There are some coin farms out there.

I've seen pictures of 100s of 290/X set up for mining... in terms of capital investment it's far less than almost any other commercial venture, though the risk is still high. So it isn't inconceivable that those who happen to have a secure location with appropriate space, cooling, and power delivery would set up a mining venture.

It's easy to get about 850-900 kH/s from a single 290 so 60-100 cards would give you those rates you quoted.
 

gbeirn

Senior member
Sep 27, 2005
450
13
81
If I were a manufacturer I would be "testing" them as I was building them, but TBH I think the spike in difficulty looks like it's just from the last release of new cards on the retail front, but I'm no expert.

There are no ASICs out currently or even being tested. The jump in LTC or other scrypt based coins are solely from miners moving around to the most profitable coins. I'm thinking ASICs might start trickling out 6 months from now at the earliest.
 
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