Cryptocoin Mining?

[T_Yamamoto]

I recently joined a multipool that give payouts in doge, LTC, or BTC (depends on which wallet you put in)

It's relatively new, it's called sudopool (sudopool.com)

So far, my experience has been pretty good. The dev is active on the subreddit and IRC chat.

 

[thepenguin99]

I notice a lot of them on ebay but none @ $300. I would buy a 290x @ $300 in a heartbeat. Abused in a mining rig shouldn't really matter.

 

[Attic]

To touch back on 290/290x when running with GPU-Threads 2 instead of the standard 1 i've noticed more and more that good profit pools will have high rejects (5%-10%) when the 290/290x is run at -g 1 and intensity at 18,19,20. The profit pools that I notice this on are waffle and scryptguild. It's good because it means your accepted shares arent being dilluted by farms that are running very high kh/s but delivering stales, but if rejects are high it really hurts your real WU. Clevermining also was a profit pool I noticed that was more strict on accepted shares.

For the 290x i'm finding I can run -g 2 with xintensity set to 144 or 160 and TC set to 22529 (8n+1) and get rejects closer to 3% while still getting kh/s near a -g 1 -i 20 setup. No HW errors at -xi 144 or 160 with my TC whereas nearly anything other than 4 was giving me massive HW errors and I was tied to TC = (4n)

 

[njdevilsfan87]

BTC is legitimately too slow to ever be used for every day transactions. I can see BTC becoming the gold bars of Fort Knox that serve no purpose other than to store value (and will go up with the rest of the crypto market).

Last night I was trying to move BTC over to Mintpal to buy some BlackCoin once I saw the 10K wall broken. It took an hour to get the BTC over there. And BTC on a good transaction is like 15 minutes. It's just too slow.

 

[taltamir]

BTC is legitimately too slow to ever be used for every day transactions. I can see BTC becoming the gold bars of Fort Knox that serve no purpose other than to store value (and will go up with the rest of the crypto market).

1. BTC is slow because it is in alpha (people are trading it anyways). the rate can be increased at any time.
2. You are absolutely right that it is too slow
3. All the alt coins are equally slow because they just ripped it off

 

[njdevilsfan87]

Changing BTC transaction rate would require a complete change up of block times (and block rewards). That means hard fork, and potentially many coins lost and issues with exchanges. If it could have been changed just like that, I'm sure it would have been done by now.

 

[Attic]

Virge you still grinding on BAMT v1.6? I justed checked in at BAMT Thread and it looks like things have moved on to PiMP (portable instant mining platform).

What else are you guys using for dedicated mining OS besides Win7/Win8.1?

 

[Subyman]

Why not? Just don't buy the AMD reference cooler and you're good to go imo. I'd be more than happy to get a R9 290X for ~$300... No way you're going to get a R9 290X brand new for less than $600CAD imo.

Well, reference cooler R9 290's and no R9 290X's are the only ones that are that cheap. I said R9 290's, not the X.

x3sphere & frowertr, after seeing a few mining rigs in person, I wouldn't feel comfortable buying a random ebay R9 290. It isn't just the load, but the way they were handled and set up. 4 reference cards mounted on a bench next to some dude's bed running flat out for several months. I'm not sure the R9's with reference cooler can take that long term. My friend had an R9 290 reference go out on him from mining.

There are good deals out there though for those that want to try.

 

[Subyman]

I notice a lot of them on ebay but none @ $300. I would buy a 290x @ $300 in a heartbeat. Abused in a mining rig shouldn't really matter.

There are some, but you have to bid. Looks like there are some R9 290's ending around $300-320. I saw a few buy it now for $345 + free shipping.

 

[Attic]

Anyone encountered issues trying to switch pools from within sgminer 4.1.0? When I do "P", "S", and enter the desired pool number for example "2", if I then hit the enter key nothing happens and sgminer is locked into the pool number input screen until I manually kill sgminer. To change pools I have to change the order in the conf or bat file to put my desired pool first and rerun sgminer.

 

[Attic]

Well, reference cooler R9 290's and no R9 290X's are the only ones that are that cheap. I said R9 290's, not the X.

x3sphere & frowertr, after seeing a few mining rigs in person, I wouldn't feel comfortable buying a random ebay R9 290. It isn't just the load, but the way they were handled and set up. 4 reference cards mounted on a bench next to some dude's bed running flat out for several months. I'm not sure the R9's with reference cooler can take that long term. My friend had an R9 290 reference go out on him from mining.

There are good deals out there though for those that want to try.

I agree with this, which is a burden for those who take good care of the cards. I've seen some mining rigs at friends and other acquaintances homes and i'll just say some of these cards really deserve deep discounts if bought.

 

[suklee]

BTC is legitimately too slow to ever be used for every day transactions. I can see BTC becoming the gold bars of Fort Knox that serve no purpose other than to store value (and will go up with the rest of the crypto market).

Last night I was trying to move BTC over to Mintpal to buy some BlackCoin once I saw the 10K wall broken. It took an hour to get the BTC over there. And BTC on a good transaction is like 15 minutes. It's just too slow.

I hope you were able to snag some BC.. I sold at 20k and 24 hours later it hit 60k! D:

Is anyone mining BC at http://blackcoinpool.com/?

 

[njdevilsfan87]

I hope you were able to snag some BC.. I sold at 20k and 24 hours later it hit 60k! D:

Is anyone mining BC at http://blackcoinpool.com/?

I did.

Sold a small amount at 22K, 30K, and then 55K. And now it's still at 60K as you've said.

BC is looking the winner of 2014. It might pull back hard at some point, (who knows when), but it won't change the fact that the pool will still be there to continue upward buy pressure, plus the miners will be more BC thus redistributing more quickly. BC looks to have won the altcoin sweepstakes. :thumbsup:

They also have CoinKite coming soon, so there is a push to get this coin used in the real world. The 25 BTC worth of BC that was funded to CK is worth 150 BTC today, so I really hope CK goes the extra mile for BC.

 

[wand3r3r]

Holy that is one HUGE pump on Black coin!!!!

From 9000 to 75000 (8x) in 3 days.

Is that sustainable, it seems like complete manipulation so it's hard to buy in since it feels like it has to go down.

Now that dedicatedpool robbery by the admin really sucks.

 

[rtsurfer]

Holy that is one HUGE pump on Black coin!!!!

From 9000 to 75000 (8x) in 3 days.

Is that sustainable, it seems like complete manipulation so it's hard to buy in since it feels like it has to go down.

Now that dedicatedpool robbery by the admin really sucks.

What robbery.?

I just started mining on dedicatedpool.com .?
Should i move to another pool.?

 

[wand3r3r]

During the Blackcoin mining I started the first hour, and mined for a while. Then I never paid attention until (3?) weeks later when I figured out Blackcoin had turned to Proof of stake instead of being mined any more. It turns out mining was a week or two long (iirc) and then dedicatedpool "closed" the pool and "confiscated" any coins left in the pool.

It was total BS, they just wanted to grab the coins from the pool from anyone not following the situation, it wouldn't have been a problem to keep the wallet up, or to return the coins at request but they wouldn't. At the time the only thing I cared about was the principle, but now it's turning out that those days of mining could have been measured in BTC/day at current rates (instead of the meager 0.0x BTC/day at that time).

There's two sides, sure they don't need to keep the pool open forever, but they purposely closed it to keep the coins. I should have set auto-payout, but I was sick of installing "random" wallets when there were a few new wallets coming out with viruses so I thought I'd see what happens and possibly go direct to an exchange. I was out of town for a while after it was released to so I didn't follow it carefully. They also basically said FU when I inquired (nicely) about the coins.

 

[rtsurfer]

Hmm.
Interesting.

I googled & there was a post about another guy being kicked of their pool for asking for help about some trouble he was having.

Here
https://bitcointa.lk/threads/warning-scam-alert-http-dedicatedpool-com.295513/

I think I'll look into options now.

 

[Attic]

4.5mh/s sold for 1300 bux


Yikes.

 

[KingFatty]

Hmm looks like BTC and LTC prices are both on the rise. Has something happened recently to increase demand or something?

 

[x3sphere]

4.5mh/s sold for 1300 bux


Yikes.

Could've gotten more if he parted out one by one. Problem with selling bulk like that is only miners looking for dirt cheap hardware will bid.

 

[wand3r3r]

Holy that is one HUGE pump on Black coin!!!!

From 9000 to 75000 (8x) in 3 days.

Is that sustainable, it seems like complete manipulation so it's hard to buy in since it feels like it has to go down.

Now that dedicatedpool robbery by the admin really sucks.

Well that went quick. Up to 90k, then even quicker down to 30k.

 

[taltamir]

Hmm looks like BTC and LTC prices are both on the rise. Has something happened recently to increase demand or something?

it could be the bear trap.
or it could be because so many people are stopping mining that fewer coins are generated for sale purposes.
or it could be something else i am not aware of

 

[SwampDog35]

Just a quick question, if you dont mind me asking.
If you have multiple mining rigs running do you also have monitors for those machines? Or once they are hashing away can you disconnect and reconnect to another machine?

 

[Subyman]

Eh, there isn't any logic to most of the increase/decrease in LTC/BTC prices unless its a huge change. Also, a bear trap means it will continue to rise, but looks to be slowing. That doesn't fit here.

 

[rtsurfer]

Eh, there isn't any logic to most of the increase/decrease in LTC/BTC prices unless its a huge change. Also, a bear trap means it will continue to rise, but looks to be slowing. That doesn't fit here.

it could be the bear trap.
or it could be because so many people are stopping mining that fewer coins are generated for sale purposes.
or it could be something else i am not aware of

The prices are going up because of some positive news from China.

I think that they said that they are not banning Crypto, just regulating it.