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Title: Mining BCN Worth It? Post by: knightkon on November 26, 2015, 02:20:40 AM I am wondering whether or not mining BCN is worth it. I understand that the price is low compared to what I could get mining BTC, however, I can mine BCn with my computer and make something where I need $200 in equipment in order to mine BTC. Any opinion.
Title: Re: Mining BCN Worth It? Post by: wildduck on November 26, 2015, 07:01:05 PM The price at the moment is very low around 7 or 8 satoshi, it was around 30.
Title: Re: Mining BCN Worth It? Post by: Vixmore on November 29, 2015, 12:06:58 PM Byte coin can be mined by CPU. Some data centres can mine it with "free" electricity. So it is not worth mining it unless you have a very efficient CPU.
Title: Re: Mining BCN Worth It? Post by: knightkon on November 29, 2015, 05:55:44 PM Byte coin can be mined by CPU. Some data centres can mine it with "free" electricity. So it is not worth mining it unless you have a very efficient CPU. How do you determine if you have a very efficient CPU? I have been messing with Bytecoin and I am building a small amount, but I would like to use what I have to mine faster. If I mine on multiple computers using the same internet connection, will that be stupid or will that internet connection allow me to mine with a number of computers at the same time? Title: Re: Mining BCN Worth It? Post by: shanerc563 on November 29, 2015, 11:15:19 PM Byte coin can be mined by CPU. Some data centres can mine it with "free" electricity. So it is not worth mining it unless you have a very efficient CPU. How do you determine if you have a very efficient CPU? I have been messing with Bytecoin and I am building a small amount, but I would like to use what I have to mine faster. If I mine on multiple computers using the same internet connection, will that be stupid or will that internet connection allow me to mine with a number of computers at the same time? Title: Re: Mining BCN Worth It? Post by: magnatoj on November 30, 2015, 05:14:13 PM We truly believe in BCN as the main cryptonote coin, which means the price may be low for now however might go up anytime.
Here is a list of the available miners. https://bitcointalk.org/index.php?topic=632724.0 W0lf's - CPU https://bitcointalk.org/index.php?topic=647251.0 Claymore's - CPU https://bitcointalk.org/index.php?topic=638915.0 Claymore's - GPU-AMD https://bitcointalk.org/index.php?topic=656841.msg7487737#msg7487737 Tsiv's - GPU-NVIDIA You can also use Minergate's sweet GUI . You can also try Magnatoj ( XMN ) , a tribute to bytecoin. https://bitcointalk.org/index.php?topic=1270755.0 Title: Re: Mining BCN Worth It? Post by: knightkon on December 02, 2015, 12:46:43 AM Can someone please explain this to me:
https://i.imgur.com/HTaoH11.jpg I am mining BCN and I think I understand it, but I am not sure. When I close the miner, it starts back at zero, so what does that mean? Title: Re: Mining BCN Worth It? Post by: magnatoj on December 02, 2015, 12:50:24 AM Dont worry, your coins will still be credited, just the "count" of shares etc gets restarted.
Title: Re: Mining BCN Worth It? Post by: knightkon on December 02, 2015, 12:53:45 AM Dont worry, your coins will still be credited, just the "count" of shares etc gets restarted. So If I am correct then the good shares are the number of BCN I am going to receive?Title: Re: Mining BCN Worth It? Post by: magnatoj on December 02, 2015, 12:59:14 AM Dont worry, your coins will still be credited, just the "count" of shares etc gets restarted. So If I am correct then the good shares are the number of BCN I am going to receive?No, the number of shares is just "the number of shares" on a certain difficulty which determines your hashrate. You can use the pool website calculator to determine the BCN you will receive based on your hashrate/network hashrate. Title: Re: Mining BCN Worth It? Post by: knightkon on December 02, 2015, 01:40:20 AM Dont worry, your coins will still be credited, just the "count" of shares etc gets restarted. So If I am correct then the good shares are the number of BCN I am going to receive?No, the number of shares is just "the number of shares" on a certain difficulty which determines your hashrate. You can use the pool website calculator to determine the BCN you will receive based on your hashrate/network hashrate. Title: Re: Mining BCN Worth It? Post by: magnatoj on December 02, 2015, 02:03:22 AM You can use this one
https://minergate.com/calculator/cryptonote Then look up exchanges such as Hitbtc, Poloniex, Bittrex or Changelly to determinate your final earnings in bitcoin. Title: Re: Mining BCN Worth It? Post by: Vixmore on January 12, 2016, 09:25:37 AM You can use this one https://minergate.com/calculator/cryptonote Then look up exchanges such as Hitbtc, Poloniex, Bittrex or Changelly to determinate your final earnings in bitcoin. The volume in the poleniex is the largest. You can also exchange Bytecoin for Monero directly as it has Monero market there. Title: Re: Mining BCN Worth It? Post by: tittiecoiner on January 12, 2016, 10:34:48 AM You can use this one https://minergate.com/calculator/cryptonote Then look up exchanges such as Hitbtc, Poloniex, Bittrex or Changelly to determinate your final earnings in bitcoin. The volume in the poleniex is the largest You're wrong in this point https://i.imgur.com/GAu5tQ6.png http://exchangewar.info/coinprice?BCN_BTC Title: Re: Mining BCN Worth It? Post by: thirdchance57 on May 26, 2016, 11:20:43 PM I have been researching this and I think I would like to try mining BTC. I am currently on my computer mining through minergate, however I am sure I can do better. I just got a job where I can do the mining electricity free, so I am looking for a faster mining setup if someone could recommend where I can get one or what to get/build.
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