Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: selavy59 on December 14, 2013, 06:16:51 AM



Title: I want Coinex back
Post by: selavy59 on December 14, 2013, 06:16:51 AM
Coinex seemed to be the only honest pool out there. Since Coinex shutdown for upgrades I have tried various other pools but have always mined less than 30% of expected coins for my rig. On Coinex I acheived 90% of expected coins which is pretty damn good. Are there no other honest pools out there?

I have shut my rig down for now. It costs me too much money to mine at dishonest pools.


Title: Re: I want Coinex back
Post by: yomamanodros on December 14, 2013, 06:23:40 AM
Unless you are trying to mine BTC with GPUs there is no way you aren't making money mining with your rig.  There are hundreds of good pools out there.  Shutting down your rig when mining is more profitable than it has been in many months is incredibly stupid. 

Go ahead and shut her down if you want to throw a fit over your pool temporarily closing. 


Title: Re: I want Coinex back
Post by: selavy59 on December 14, 2013, 06:52:20 AM
Unless you are trying to mine BTC with GPUs there is no way you aren't making money mining with your rig.  There are hundreds of good pools out there.  Shutting down your rig when mining is more profitable than it has been in many months is incredibly stupid. 

Go ahead and shut her down if you want to throw a fit over your pool temporarily closing. 


As this is the Alt currencies forum I'm obviously not mining Bitcoin. If I'm only mining 30% of expected coins how can it be called profitable?


Title: Re: I want Coinex back
Post by: yomamanodros on December 14, 2013, 07:13:06 AM
Unless you are trying to mine BTC with GPUs there is no way you aren't making money mining with your rig.  There are hundreds of good pools out there.  Shutting down your rig when mining is more profitable than it has been in many months is incredibly stupid.  

Go ahead and shut her down if you want to throw a fit over your pool temporarily closing.  


As this is the Alt currencies forum I'm obviously not mining Bitcoin. If I'm only mining 30% of expected coins how can it be called profitable?
If the only pools you can find are yielding 30% of their expected output you aren't looking very hard.  I was not exaggerating when I said their are HUNDREDS of pools out there!

-Go to Coinchoose and just pick a coin at random

-search for that coin on bitcointalk and find pools

-point your miner at pool

-Profit

It really is that easy right now.  At this point, even mining at 30% of expected yield will turn a good profit mining many different coins unless your electricity costs are very high.