Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: barwizi on June 01, 2013, 03:51:02 AM



Title: Mining elite
Post by: barwizi on June 01, 2013, 03:51:02 AM
If the dev of coinchoose and the dev of cgminer came together to create a miner that mines based of profitability ..............


Title: Re: Mining elite
Post by: iGotSpots on June 01, 2013, 03:52:36 AM
If only people already had scripts for this kind of thing...


Title: Re: Mining elite
Post by: barwizi on June 01, 2013, 03:59:17 AM
If only people already had scripts for this kind of thing...

scripts exist already, i am talking instant change between coins, the same way you change pools. scripts restart cginer with different parameters but if i do that on my rigs, they hard crash.


Title: Re: Mining elite
Post by: BrewCrewFan on June 01, 2013, 04:04:38 AM
If only people already had scripts for this kind of thing...

scripts exist already, i am talking instant change between coins, the same way you change pools. scripts restart cginer with different parameters but if i do that on my rigs, they hard crash.

Boy... that would be horrible. The only ones this helps are those that already have enough power. This would totally drown out 80% of the miners then.



Title: Re: Mining elite
Post by: A L I E N on June 01, 2013, 04:09:42 AM
Anyone that blindly mines the top coin on choosecoin is probably not using their resources wisely.  There is much more to it such as payout time and market liquidity that could make the top coin not the best for your hardware.


Title: Re: Mining elite
Post by: relm9 on June 01, 2013, 04:12:28 AM
Whenever I see a coin reach like 400%+ profitability it is typically short-lived, if you don't already have a good stash of coins you can't take advantage for the most part.


Title: Re: Mining elite
Post by: barwizi on June 01, 2013, 04:16:20 AM
but a long haul, multi currency miner could use it, if you have 5 rigs you could have 4 that always mine the top 4 coins at any given time, preferably p2pool. Then one rig for experimenting with the new coins that come out and aren't listed yet. i have three, two that mine stable coins and one for mucking about.


Title: Re: Mining elite
Post by: mullick on June 01, 2013, 06:22:32 AM
What would be better is a script that always sold off the most profitable coin. By the time you receive any coins your way it will be less profitable


Title: Re: Mining elite
Post by: Nolo on June 01, 2013, 06:28:04 AM
What would be better is a script that always sold off the most profitable coin. By the time you receive any coins your way it will be less profitable

Bingo.  Once a coin hits the top of coinchoose that typically tells me I should NOT be mining that coin, because it is about to drop like a rock. 


Title: Re: Mining elite
Post by: anderl on June 01, 2013, 07:14:40 AM
If the dev of coinchoose and the dev of cgminer came together to create a miner that mines based of profitability ..............

its not so hard to write it.  you just have to choose the right metric.  hint, its not price.  I've written an app for my miners that switches coins rig by rig but it doesn't use price.  I accumulate the coins and then I have a spreadsheet that determines profitability and break even.  I put the orders in for the profitability price and leave it at that.  sometimes they hit sometimes they don't.


Title: Re: Mining elite
Post by: barwizi on June 01, 2013, 08:37:18 AM
If the dev of coinchoose and the dev of cgminer came together to create a miner that mines based of profitability ..............

its not so hard to write it.  you just have to choose the right metric.  hint, its not price.  I've written an app for my miners that switches coins rig by rig but it doesn't use price.  I accumulate the coins and then I have a spreadsheet that determines profitability and break even.  I put the orders in for the profitability price and leave it at that.  sometimes they hit sometimes they don't.

hehehe we are a HINT HINT  ;D open source community, care to share HINT HINT  ;D


Title: Re: Mining elite
Post by: anderl on June 01, 2013, 10:58:20 AM

hehehe we are a HINT HINT  ;D open source community, care to share HINT HINT  ;D

yeh look what happens tot he community when bitcoin source was shared.  crap coins galore


Title: Re: Mining elite
Post by: ondratra on June 01, 2013, 11:24:48 AM
If only people already had scripts for this kind of thing...

scripts exist already, i am talking instant change between coins, the same way you change pools. scripts restart cginer with different parameters but if i do that on my rigs, they hard crash.

Boy... that would be horrible. The only ones this helps are those that already have enough power. This would totally drown out 80% of the miners then.



Exactly. It would be like digital mining whores.


Title: Re: Mining elite
Post by: pro on June 01, 2013, 11:38:31 AM
you forget, not everyone is headed by greed and quick money.

ya maby you wont believe it, but their are also people out there who _believe_  in some coins and dont mine what a webside tells them to be most pofitable.



Title: Re: Mining elite
Post by: qiuness on June 01, 2013, 11:44:44 AM
so where could one find such a script? :)


Title: Re: Mining elite
Post by: sal002 on June 01, 2013, 09:27:47 PM
If only people already had scripts for this kind of thing...

scripts exist already, i am talking instant change between coins, the same way you change pools. scripts restart cginer with different parameters but if i do that on my rigs, they hard crash.

You mean like this - https://bitcointalk.org/index.php?topic=172121.0 (https://bitcointalk.org/index.php?topic=172121.0)


Title: Re: Mining elite
Post by: BrainShutdown on June 01, 2013, 09:37:51 PM
What would be better is a script that always sold off the most profitable coin. By the time you receive any coins your way it will be less profitable

Bingo.  Once a coin hits the top of coinchoose that typically tells me I should NOT be mining that coin, because it is about to drop like a rock. 

+1


Title: Re: Mining elite
Post by: barwizi on June 02, 2013, 09:59:22 AM
If only people already had scripts for this kind of thing...

scripts exist already, i am talking instant change between coins, the same way you change pools. scripts restart cginer with different parameters but if i do that on my rigs, they hard crash.

You mean like this - https://bitcointalk.org/index.php?topic=172121.0

If this uses Scrypt and SHA-256, how do you switch between them in the miner files?

The sample scripts I've included are for Bitcoin and Litecoin, and show how this is done. In short, if we are mining BTC and the script decides to switch to LTC, litecoin.sh is run. The first thing that litecoin.sh does is close all instances of CGMiner using the CGMiner API. It then sets the clocks correctly for LTC mining, and only then does it spool up a new instance of CGminer, mining the desired coin, making sure that API access is enabled for future switching. Each script you write and use (i.e. beyond the litecoin.sh and bitcoin.sh files included) should do roughly the same thing.

get my point yet?


Title: Re: Mining elite
Post by: anderl on June 02, 2013, 04:35:43 PM
If only people already had scripts for this kind of thing...

scripts exist already, i am talking instant change between coins, the same way you change pools. scripts restart cginer with different parameters but if i do that on my rigs, they hard crash.

You mean like this - https://bitcointalk.org/index.php?topic=172121.0

If this uses Scrypt and SHA-256, how do you switch between them in the miner files?

The sample scripts I've included are for Bitcoin and Litecoin, and show how this is done. In short, if we are mining BTC and the script decides to switch to LTC, litecoin.sh is run. The first thing that litecoin.sh does is close all instances of CGMiner using the CGMiner API. It then sets the clocks correctly for LTC mining, and only then does it spool up a new instance of CGminer, mining the desired coin, making sure that API access is enabled for future switching. Each script you write and use (i.e. beyond the litecoin.sh and bitcoin.sh files included) should do roughly the same thing.

get my point yet?

what happens when you send a quit command to cgminer?  do they hard crash as well?


Title: Re: Mining elite
Post by: barwizi on June 03, 2013, 04:11:30 PM
yes, mine always crashes even without overclocking. i've tried different drivers and recompiling cgminer to no avail.


Title: Re: Mining elite
Post by: anderl on June 03, 2013, 04:15:45 PM
yes, mine always crashes even without overclocking. i've tried different drivers and recompiling cgminer to no avail.

how close is wattage output relative to your psu capacity.  how old is your psu?  if you have more than one mining rig to you have the problem on all if them.  also what os? what amd drivers/sdk?