I'd say $2 is a bit optimistic considering DODGE/LTC is about 18k (let's say 20k for simplicity purposes) doges/1LTC and LTC is ~$20.
People are selling and buying dogecoins in large quantities.
The going price is anywhere from $1.5 per 1k to $2.0 per 1k.
But its usability as currency goes up. Look at the USD for an example of how printing money isn't necessarily a bad thing (at least, for now).
So has anyone managed to mine Vertcoins? Still can't get it to work. It's so frustrating.
I was trying to set it up last night and eventually gave up because it wasn't mining. I use CGminer with CGwatcher so I downloaded the modded CGminer in the OP and just replaced all the original files with all the zip files in my E: \Cgminer folder. Modded the configuration file as well with the appropriate changes (proper pool and lower thread concurrency) which are not seen below. Started CGminer it just didn't work.Did you see my response to you on the previous page? What settings have you tried?
{
"pools" : [
{
"name" : "Dogecoin - Suchcoins",
"url" : "stratum+tcp://us.suchcoins.com:3333",
"user" : "xxx",
"pass" : "xxx",
"pool-priority" : "1"
},
{
"name" : "Foxcoin - Luckyminers",
"url" : "stratum+tcp://stratum-eu.fox.luckyminers.com:3333",
"user" : "xxx",
"pass" : "xxx",
"pool-priority" : "0"
}
],
"scrypt" : true,
"gpu-threads" : "1",
"intensity" : "16",
"lookup-gap" : "2",
"thread-concurrency" : "24000"
}No go. Modded CGminer folder with no original files by itself. Here's the configuration file:I will post my bat file settings when I'm at home. Try with a clean folder though...don't have any files in the folder into which you place the modded cgminer files into, not even the config file. Also, which type of cards are you running and what TC did you try with those cards?
{
"pools" : [
{
"name" : "Vertcoin",
"url" : "stratum+tcp://s.ny.vertco.in:3333",
"user" : "xxx",
"pass" : "xxx",
"pool-priority" : "1"
}
],
"scrypt" : true,
"gpu-threads" : "1",
"intensity" : "16",
"lookup-gap" : "2",
"thread-concurrency" : "19712"
}People are selling and buying dogecoins in large quantities.
The going price is anywhere from $1.5 per 1k to $2.0 per 1k.
Anyone got problems mining VTC right now? Mine isn't even mining. Period. It stopped mining again and I suddenly have stale shares and the modified CGMiner died. Ugh. At least I know my configuration is set up properly.
Theses are just prices that DC has been sold on /r/dogemarketI'd say $2 is a bit optimistic considering DODGE/LTC is about 18k (let's say 20k for simplicity purposes) doges/1LTC and LTC is ~$20.
Actually, most central banks do inflation targeting at around 2%. 5% inflation is actually high, but no suffers because no society depends one DOGE for all transactions. But people will cry foul over their loss of purchasing power even though the small percentage of inflation gives a little flexibility to businesses to pay of their debts.5B Dodge over one year is minuscule, 5% pumped into the system. Minus whatever thats gone from lost wallets (due to whatever reasons, of which there are many), and it becomes a small % inflation year on year. At least that inflation is due to the people mining it, rather than some arbitrary injection or printing of fiat in whatever amount is deemed required by some central authority.
I'm not fussed by this decision. It's only been two months and we already have nearly 45B coins mined. 5B mined over one year is gonna hurt it?? Nah. I bought heaps of Doge last night when it fell to 135 Satoshi, that is simply a bargain IMO.
/r/dogecoin and /r/dogemining have a lot of tippers. Most of the time, it'll end up lost forever since people don't care for them and such. However, they're usually in small amounts.Yep I fully understand major economies target inflation around 2.5%, the 5% Doge inflation is not real because a lot of Doges are sent as token gifts for deeds, lost in wallets of non-geek users (really would most Doge tippers even realize to backup their wallets??).. I would not be surprised if 1% or more is lost every year, never to be recovered.. laying dormant on old harddrives in landfill or broken dead PCs.
Yep I fully understand major economies target inflation around 2.5%, the 5% Doge inflation is not real because a lot of Doges are sent as token gifts for deeds, lost in wallets of non-geek users (really would most Doge tippers even realize to backup their wallets??).. I would not be surprised if 1% or more is lost every year, never to be recovered.. laying dormant on old harddrives in landfill or broken dead PCs.
Has anyone tried mining on 14.1?