Bitcoin Forum

I'm into mining alternate crypto currencies... Here are some of my thoughts on the subject

1. I wish Cryptsy 2-step worked. The site is really neat, but sometimes I think it suffers from the load. Seems like the best site like that out there
2. I wished I had more GPU's. I only have a R9 290x.
3. I think there are a lot of dishonest pool sights out there. I could name names but I think that's probably a bad idea.
4. I wish I could post here.

4 me to  :-[

Welcome to the forums - feel free to post any questions that you may have :)

Agree with #4 as well. I understand why the rules are in place though. BCT does not want a bunch of bots spamming the boards with nonsense. It can still happen but is much less likely with this system. Happy holidays to all as well!

Hello!

I am also a newbie ::) I feel like on school again, wish there were other ways to prevent trolling...

So what I am doing:
- mining with 3* sapphire 290
- mining tips/ltc/eac and some doges
- sell them again

The problems I have:
- BSOD's
- cgminer becomes unreliable
- Pools that are DDOS'ed



Hope this is enough for posting in other categories  ;)

Pick up some usb block erupters and help mine some Zetacoins..the price keeps rising on these bad boys :)

Welcome to the forum btw and hope to see more contributions from you in the future!

Maybe one day will see 500gh script mining :*(

Agree on all..

Trying to get your post count up huh? lol

Yep! Me too! :D

Hello guys,

I'm new here and I hope for a good time ;)

greets

Im surprised at the number of replies to this thread... so ill add a couple more thoughts.

1. I wonder how successful ASIC Scrypt miners will really be.
2. Im currently working on my own FPGA implementation, learning the backend algorithm is kinda fun.

hi all , nice to meet you cryptocurency lovers

I would imagine they should be about the same once they're programmed to work on scrypt algorithms.

Some say SHA-256 is simpler then Scrypt...so maybe the ASIC chips will be slower? IDk lol.

Trying to determine what coin to mine, when and how the hell the actual value of these coins seems to be a task in and of itself. Why is Dogecoin worth .0000007 BTC but DiamondCoin worth .002 BTC? Is it the number of generated coins? Is it the total amount of coins that could ever be generated? Is it that one has a cooler name? I have no idea how these things are valued. Anyone have any ideas?

I, too, am posting to start posting. I have been reading here for a few months and there are some very knowledgeable people here....amongst others. lol  ;)

I don't believe that is the case. I have not spent any time trying to optimize SHA-256, but from what I understand it is an algorithm that is naturally parallelized and as such custom ASIC's can be produced to crunch these numbers faster. Scrypt on the other-hand was specifically designed to make it costly to perform large scale custom hardware attacks by requiring large amounts of memory. This doesn't mean it is impossible to come out with better custom Scrypt hardware, however those that are successful at it will have to be more creative than SHA-256 designers. I'm currently working on it, however I'm more doing it for fun than for profit. I have a day job, so my time spent on this is fairly limited.

Newbie Here As Well . . .

I just joined today and I really want to learn The Basics Of:

1. Cheapest Mining Set-Up For A Begininer ?
2. What Is A Pool & How To Start ?

For Instance, I'm Interested In EarthCoin, How Do I Go About Acquiring EarthCoins ?

Thank You In Advance,
 8)

Hello, I'm a new poster. I had been to this forum many times in the past, but I have become more interested in alternate currencies such as dogecoin and litecoin. I would like to finally be able to contribute to the forum with posts (along with the giveaways :P). It seems like this forum is where everything begins in regards to alt cryptocurrencies, so I'm glad to be here :)! I only have a GTX 650 ti to mine with, but I get a pretty good hash rate of ~130 kh/s. Currently mining dogecoins, and I was recently mining Fedoracoins. I have some invested in bitcoin, but I'm holding those for long term. I plan on doing short term trading with the alt coins that pop up.

The rules are annoying, BUT I suppose they are pretty effective.

I guess I'll have to wait it out just like everyone else.

I wish i could post here. You know it keeps on saying I've already posted recently, so I have to wait 360 seconds to post again! What is this? I don't understand what so ever what these rules keep implying. Why would it say I have double clicked to submit my post. i have not!

Newbie here!!!
Just started posting!!!

Another newbie here :) I hope to learn more things.

@Wazzujoel Effectively you should be careful because there are a lot of dishonest pool for sure.

Hi. Newbie here!

The rules are ok, it prevents all the folks just coming here to spam the shit out of the forums.

And 4 hours and a single post isn't that difficult to achieve if you just browse around and read a little a perhaps introduce yourself to the rest of the newbies/forum - and if you have some interesting knowledge about BTC the why not use that knowledge to create a relevant first post ?

Anyway to all the complete newbies heres a good little topic https://bitcointalk.org/index.php?topic=386530.0 with all the functioning and paying faucets and alike.

Happy hunting and of course welcome :D

J.

Newbie here too (but not really a newbie if you know what I mean  ;)) maybe captcha would be a better solution to discerning who is a bot rather than forcing us to make a post here first.
Or perhaps a 'reputation' system could be put in place so that if someone spams/swears everywhere they could get warned, and eventually confined to one forum/banned.

It certainly serves its purpose as it is, but for someone like me who is registering to post immediately in other places they have been browsing, it's really rather irritating.

post to start posting.

been under a rock. here to learn more


thanks for having the forums for us...

Hi!  Been lurking for a few weeks.  Decided to start posting.

I'm also new! I hope to have a good stay :)

Another newbie here!   8)

Me too  :D