Cryptocoin Mining?

[thilanliyan]

Can't believe the difficulty spike for VTC!! Just yesterday it was like 40...

 

[nwo]

In other news, Foxcoin difficulty fell below 1

 

[geokilla]

Still using a I18 and TC19720 or thereabouts while mining VTC. Though I'm stopping when I get home at midnight tonight. No point in continuing to mine it at this stage of the "game."

In other news, Foxcoin difficulty fell below 1

I'm starting to give up on FOX and CAT.. They're both getting nowhere.

 

[SunnyD]

In looking at the code for VertCoin, I see what they did there. :sneaky: (pun intended)

I'm fairly certain given all the issues people are having now with their configs and whatnot mining this coin, when NFactor tick happens we are going to hear an awful lot of people complaining about broken video cards and hash rates halving again.

 

[IEC]

Getting 433 kH/s out of R9 290s and only 305 kH/s out of 280X for VTC. Going to keep experimenting...

 

[playah]

Finally after two days of troubleshooting, got it to work.. Vert making me work to earn my $$. heh

Each of my R290 at stock get 420 kH/s, difficulty spiked up very fast now, lots are jumping onboard.

Got a Asus R290 in yesterday and does 500 kH/s pretty disappointed.

 

[IEC]

I'm not seeing the "it's pushing it harder than scrypt" effect on my cards. My cards are actually running a few degrees C cooler, which indicates to me my settings are not optimal...

 

[IEC]

Got a Asus R290 in yesterday and does 500 kH/s pretty disappointed.

For VTC/Vert? The average 290 gets you between 400-450 currently.

 

[thilanliyan]

Got a Asus R290 in yesterday and does 500 kH/s pretty disappointed.

Mining Vertcoin or some other scrypt coin? 500kh/s would be AMAZING for vertcoin which has half the hash rates pretty much.

 

[thilanliyan]

issues people are having now with their configs and whatnot mining this coin, when NFactor tick happens we are going to hear an awful lot of people complaining about broken video cards and hash rates halving again.

Is the next NFactor supposed to only kick in by 2016? That was posted in the bitcointalk thread. Or am I reading something wrong? I'm not a comp sci student.

 

[SunnyD]

Is the next NFactor supposed to only kick in by 2016? That was posted in the bitcointalk thread. Or am I reading something wrong? I'm not a comp sci student.

It appears to be timestamp based. Why they would do that rather than block based I don't know though.

 

[thilanliyan]

It appears to be timestamp based. Why they would do that rather than block based I don't know though.

So the next tick IS as listed supposed to happen in 2016?

 

[x3sphere]

Can't believe the difficulty spike for VTC!! Just yesterday it was like 40...

Yeah I decided to stop mining it. Made like 0.4 btc from a day's worth of mining it on 2x7970 before the difficulty went crazy though, so not bad. The pools haven't been very stable for me, that combined with the diff rise and price drop I rather just stick to Doge now.

 

[thilanliyan]

Yeah I'm gonna stop mining VTC soon and go back to middlecoin. I'll just hold the VTC for a while.

 

[thilanliyan]

What do you guys think will happen to the value of scrypt coins once scrypt ASICs hit? I'm not sure to be honest...BTC price increased eventually even after ASICs hit. I wonder if the same will happen for the alt coins?

 

[nwo]

What do you guys think will happen to the value of scrypt coins once scrypt ASICs hit? I'm not sure to be honest...BTC price increased eventually even after ASICs hit. I wonder if the same will happen for the alt coins?

Well if demand remains constant, I can only see the price going up since they will be a lot harder to mine for average joes and as the network hashrate goes up, the yields @ a constant hashrate will go down... So, if you are making 1LTC per day with 5MH/s, your income will continue to decline.

However, BTC was BTC and now we have hundreds of scrypt coins. So it is hard to make an apples to apples comparison between the two.

 

[f1sherman]

What do you guys think will happen to the value of scrypt coins once scrypt ASICs hit? I'm not sure to be honest...BTC price increased eventually even after ASICs hit. I wonder if the same will happen for the alt coins?

Why EVEN after?
Coin generation is more less steady and more GH/s does not mean more coins - just that it's harder to mine.

So difficulty is the main concern, and not the price decrease.
Or more precise - whether price increase can compensate for difficulty increase.

 

[SunnyD]

So the next tick IS as listed supposed to happen in 2016?

It appears that way by the table I read.

 

[wand3r3r]

Karmacoin is turning out nicely for mining. It's a slow and steady increase in difficulty so I guess interest in increasing but it's apparently not being hit by multipools or they haven't dropped out of it if they are mining it.

I don't know about the exchanges, I've just been on it for a little over a day. It was just released but has over a GHash (steady increase).

 

[Mark R]

I mined 30 million TOP coins before SunnyD got his pool up. It was like the DOGE days of last year.

I've never got in on a new coin launch, especially such a rediculous coin as this one. Still it was all good fun.

It was hilarious at the start, I was finding about 1 block a minute. The difficulty is no going to be getting rid of them before they're completely worthless.

 

[Virge_]

Didn't do anything special. Just downloaded the modded cgminer from the bitcointalk thread, changed the TC to 27000 (for my 290s) and 19712 (for my 7950s), REDUCED INTENSITY to 17 and I am good to go. Getting 400kh/s on my 290s and 260kh/s on my 7950s. This is with clocks at 925/1250 for 290s and 950/1250 for the 7950s.

Apparently reducing intensity helps, and doesn't hurt the hash rate too badly. I have 8gbs of ram in both machines.

Difficulty has doubled since yesterday.

I'm kind of confused by this, I've read the entire thread at bitcointalk and I'm baffled as to how people are keeping their TC so high. On both the modded CGMiner as well as Vertminer using XFX R9 290X's if I go over 9500 TC and/or 13 intensity the systems become unstable - 3 computers, one with 4GB RAM, one with 8GB RAM, 1 with 16GB RAM, and all three with 6 cards. When mining Dogecoin I hovered at a TC of 27400 for best results with all 3 systems, but Vertcoin anything past 9500 is a no-go.

Any chance you'd be willing to make a suggestion? My current config (highest I've been able to get each card to run, Win7 64-bit, latest SDK/AMD drivers, 299KH/s each) is follows:

setx GPU_MAX_ALLOC_PERCENT 200
setx GPU_OBJECTS_SYNC 1
cgminer --scrypt -I 13 -g 2 -w 256 --lookup-gap 2 --gpu-threads 1 --thread-concurrency 9499 --gpu-powertune 20 -v 1 --gpu-memclock 1500 --gpu-engine 1050 --auto-fan --temp-overheat 83 --temp-cutoff 85

 

[KlokWyze]

Why EVEN after?
Coin generation is more less steady and more GH/s does not mean more coins - just that it's harder to mine.

So difficulty is the main concern, and not the price decrease.
Or more precise - whether price increase can compensate for difficulty increase.

Right. Harder to mine. So the only way to get more effectively is to BUY them. Thus creating upward pressure on the BTC --> USD value, making mining more profitable for everyone, but if you get in before that spike then you make a ton of money anyway.

 

[f1sherman]

I'm kind of confused by this, I've read the entire thread at bitcointalk and I'm baffled as to how people are keeping their TC so high. On bot the modded CGMiner as well as Vertminer using XFX R9 290X's if I go over 9500 TC and/or 13 intensity the systems become unstable - 3 computers, one with 4GB RAM, one with 8GB RAM, 1 with 16GB RAM, and all three with 6 cards. When mining Dogecoin I hovered at a TC of 27400 for best results with all 3 systems, but Vertcoin anything past 9500 is a no-go.

Any chance you'd be willing to make a suggestion? My current config (highest I've been able to get each card to run, Win7 64-bit, latest SDK/AMD drivers, 299KH/s each) is follows:

setx GPU_MAX_ALLOC_PERCENT 200
setx GPU_OBJECTS_SYNC 1
cgminer --scrypt -I 13 -g 2 -w 256 --lookup-gap 2 --gpu-threads 1 --thread-concurrency 9499 --gpu-powertune 20 -v 1 --gpu-memclock 1500 --gpu-engine 1050 --auto-fan --temp-overheat 83 --temp-cutoff 85

Same here. So don't hit yourself too hard over this.
TC 12288 (normally its 28500), but anything above -i 13 gives me HW.
For a grand total of 270 kh/s. (R9 290)

It's proly the color of our case, or something equally stupid.

 

[UNhooked]

I used TC of 24550 I 17 all stock no OC.

I get about 400+ on all of my 4 290s with 8GB Ram


On my sole 7970. I use TC of 8192 GPU at 1000 and Mem at 1490 I 13 and I get solid 360Kh/s

Do remember to reboot your machine and delete any old bin files before firing it up again. If you get Driver recovery error the first time it compiles it's fine. Just reboot and try it again.

 

[Virge_]

I used TC of 24550 I 17 all stock no OC.

I get about 400+ on all of my 4 290s with 8GB Ram


On my sole 7970. I use TC of 8192 GPU at 1000 and Mem at 1490 I 13 and I get solid 360Kh/s

Windows or Linux? CGminer or Vertminer?