Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: b0je on May 30, 2017, 03:11:06 PM



Title: Unbelievable hashrates!
Post by: b0je on May 30, 2017, 03:11:06 PM
Just started mining DigiByte at a pool, and when i check top 15 hashrates for the pool, some of them are crazyhigh!
I know i got a shitty GPU, but how do they do it? The pool is using a GPU-algo..

The one on the top has almost 400x my hashrate. Has he invested shitloads of money into GPU-rigs? :)

Image; http://imgur.com/a/x120B (http://imgur.com/a/x120B)


Title: Re: Unbelievable hashrates!
Post by: AmDD on May 30, 2017, 03:13:52 PM
Has he invested shitloads of money into GPU-rigs? :)

Yes. Most likely.


Title: Re: Unbelievable hashrates!
Post by: b0je on May 30, 2017, 03:18:48 PM
Has he invested shitloads of money into GPU-rigs? :)

Yes. Most likely.

If he have invested that much, will he ever earn it back? I mean, there's no guarantee that the value will rise.


Title: Re: Unbelievable hashrates!
Post by: Jamievs on May 30, 2017, 03:23:37 PM
Has he invested shitloads of money into GPU-rigs? :)

Yes. Most likely.

If he have invested that much, will he ever earn it back? I mean, there's no guarantee that the value will rise.

You have lots to learn young padawan. Browse around  ;)


Title: Re: Unbelievable hashrates!
Post by: FlamingFingers on May 30, 2017, 03:24:34 PM
Yes, he will. Especially if he is mining a good coin with future ahead – the current price of DGB is around 700-800Satoshis, Multiply this by his DGB coins mined a day, and you get around 0.2BTC a day, of course, this is not stable, but if the price of DGB rises, he will get what he invested.


Title: Re: Unbelievable hashrates!
Post by: TimeTeller on May 30, 2017, 04:23:34 PM
If he has that large of a mining farm to put that amount of hashrate then, I would presume  that he has made the investment previously and is now with the high profitability; put it back online.  
And if he has had thing large of a farm I would say more then likely he has already broke even or made a bit on top of it  already.
And this will continue for quite some time if the BTC remains high enough!


Title: Re: Unbelievable hashrates!
Post by: Documan on May 30, 2017, 05:23:38 PM
Has he invested shitloads of money into GPU-rigs? :)

Yes. Most likely.

If he have invested that much, will he ever earn it back? I mean, there's no guarantee that the value will rise.

For mining the ETH or ZEC, it is very profitable.


Title: Re: Unbelievable hashrates!
Post by: coinzoid on May 30, 2017, 05:31:56 PM
And if someone with extreme hashing power mining a coin, then I assume he strongly believes that that mined coins will be more profitable at a later date, unless he is selling mined coins same day.


Title: Re: Unbelievable hashrates!
Post by: NetopyrMan on May 30, 2017, 05:49:36 PM
Just started mining DigiByte at a pool, and when i check top 15 hashrates for the pool, some of them are crazyhigh!
I know i got a shitty GPU, but how do they do it? The pool is using a GPU-algo..

The one on the top has almost 400x my hashrate. Has he invested shitloads of money into GPU-rigs? :)

Image; http://imgur.com/a/x120B (http://imgur.com/a/x120B)

like same pool but skein algo
1 - vaulter - 68.99 GH/s - 53026.02DGB/d - 700blocks found


Title: Re: Unbelievable hashrates!
Post by: toptek on May 30, 2017, 06:03:08 PM
Has he invested shitloads of money into GPU-rigs? :)

Yes. Most likely.

If he have invested that much, will he ever earn it back? I mean, there's no guarantee that the value will rise.

He Will ....


Title: Re: Unbelievable hashrates!
Post by: AltcoinScamfinder on May 30, 2017, 06:16:35 PM
Just started mining DigiByte at a pool, and when i check top 15 hashrates for the pool, some of them are crazyhigh!
I know i got a shitty GPU, but how do they do it? The pool is using a GPU-algo..

The one on the top has almost 400x my hashrate. Has he invested shitloads of money into GPU-rigs? :)

Image; http://imgur.com/a/x120B (http://imgur.com/a/x120B)

In short no. He's mining quark algo using ASIC.


Title: Re: Unbelievable hashrates!
Post by: panzerdeni on May 30, 2017, 06:18:42 PM
Maybe he is using his old Sha-256 GPUs. But still for me this is really high rate for hashing :D. I wonder what is his power usage per hour ?! And does he uses any backup energy...


Title: Re: Unbelievable hashrates!
Post by: b0je on May 30, 2017, 06:49:18 PM
Just started mining DigiByte at a pool, and when i check top 15 hashrates for the pool, some of them are crazyhigh!
I know i got a shitty GPU, but how do they do it? The pool is using a GPU-algo..

The one on the top has almost 400x my hashrate. Has he invested shitloads of money into GPU-rigs? :)

Image; http://imgur.com/a/x120B (http://imgur.com/a/x120B)

In short no. He's mining quark algo using ASIC.

He's mining in a pool where you use Groestl-algo, shouldnt be profitable mining with a ASIC?


Title: Re: Unbelievable hashrates!
Post by: Kompik on May 30, 2017, 09:40:45 PM
Just started mining DigiByte at a pool, and when i check top 15 hashrates for the pool, some of them are crazyhigh!
I know i got a shitty GPU, but how do they do it? The pool is using a GPU-algo..

The one on the top has almost 400x my hashrate. Has he invested shitloads of money into GPU-rigs? :)

Image; http://imgur.com/a/x120B (http://imgur.com/a/x120B)

like same pool but skein algo
1 - vaulter - 68.99 GH/s - 53026.02DGB/d - 700blocks found

He is mining DGB with skein, the 1070 can do over 550 MH, so theoretically he "only" has 120 * 1070 cards.