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Title: CPU Mining - MemoryCoin - Found Profitable Strategy! Post by: Stratobitz on March 05, 2014, 08:47:02 AM So all of our rigs are set up to mine litecoin... about 25 Megahash total.
However we went in and swapped out our Pentium chips on our ASROCK H81 BTC motherboards and replaced them all (12) with 4770K Intel CPUS. Together using the new YAM miner; we are getting about 140-160 MMC per day. Over a 30 day period; this works out to about .65-.70 BTC per month. This all runs in the background on our rigs - and does not affect CPU performance. Only 1gb RAM required for new YAM Miner. CPUs hold value very well. So our initial $3300 outlay for the CPUs, less 12 months at roughly .65 per month = $5200 USD mined. Guestimating that after 12 months; sell CPUs on ebay for $200 each = $2400. Initial Investment: $3300 Return: $7600 Profit: $4300 In addition; total AC draw for CPUs in 100% state is only 55w per CPU. Title: Re: CPU Mining - MemoryCoin - Found Profitable Strategy! Post by: Stratobitz on March 05, 2014, 09:01:51 AM Oh and exchange is BTER.
Title: Re: CPU Mining - MemoryCoin - Found Profitable Strategy! Post by: Stratobitz on March 05, 2014, 01:49:40 PM Anyone mining this coin?
Title: Re: CPU Mining - MemoryCoin - Found Profitable Strategy! Post by: Shkembe on March 05, 2014, 02:05:33 PM Counting 12 months ahead is foolness...
Title: Re: CPU Mining - MemoryCoin - Found Profitable Strategy! Post by: sid280 on March 05, 2014, 03:25:05 PM 1. MemoryCoin is a scam
2. FreeTrade (MMC developer) is dodgy 3. Your math is based on variables 4. Power Consumption will be more like 80-84 watts using an i7-4770K (and you haven't included *any* power prices in your estimations) 5. If you think a $335 CPU is going to be worth $200 in 12 months, you're probably not very familiar with a thing called "depreciation" 6. "Total Investment" doesn't include Motherboard, RAM, PSU or HDD - your "Total Investment" is based on ALREADY owning 12 systems capable of handling an i7-4770K Next time you want to promote a shitty coin - make sure you use a "Self Moderated" thread like the other devs do - so you can delete anything you don't agree with - like the MemoryCoin devs do. Title: Re: CPU Mining - MemoryCoin - Found Profitable Strategy! Post by: Coins4life on March 05, 2014, 03:44:27 PM 1. MemoryCoin is a scam 2. FreeTrade (MMC developer) is dodgy 3. Your math is based on variables 4. Power Consumption will be more like 80-84 watts using an i7-4770K (and you haven't included *any* power prices in your estimations) 5. If you think a $335 CPU is going to be worth $200 in 12 months, you're probably not very familiar with a thing called "depreciation" 6. "Total Investment" doesn't include Motherboard, RAM, PSU or HDD - your "Total Investment" is based on ALREADY owning 12 systems capable of handling an i7-4770K Next time you want to promote a shitty coin - make sure you use a "Self Moderated" thread like the other devs do - so you can delete anything you don't agree with - like the MemoryCoin devs do. Interesting Title: Re: CPU Mining - MemoryCoin - Found Profitable Strategy! Post by: gica_contra on March 05, 2014, 04:09:20 PM such math... much profit... wow...
Title: Re: CPU Mining - MemoryCoin - Found Profitable Strategy! Post by: Stratobitz on March 08, 2014, 06:22:23 PM 1. MemoryCoin is a scam Personally never had any issues mining or trading into LTC on BTER. 2. FreeTrade (MMC developer) is dodgy Ok, well again, I havent ever dealt with this person so I cant comment only that we've been mining for months with no issues. 3. Your math is based on variables True. 4. Power Consumption will be more like 80-84 watts using an i7-4770K (and you haven't included *any* power prices in your estimations) I am lucky in that I have free access to unlimted, literally, AC. Enough to run 100 rigs if I had the setup. 5. If you think a $335 CPU is going to be worth $200 in 12 months, you're probably not very familiar with a thing called "depreciation" Intel CPUs hold value until the next TICK or TOCK. Which is typically 8-10 months. Until the upcoming TOCK, which will likely be October, prices on the 4770k will remain pretty much the same. I would think I could get $250-$275 for the processor on ebay. Regardless, it's not a $350 cost as there is resale value on back end. 6. "Total Investment" doesn't include Motherboard, RAM, PSU or HDD - your "Total Investment" is based on ALREADY owning 12 systems capable of handling an i7-4770K Total Investment shouldnt. I added these to our Litecoin rigs. So the only cost "Added" to mine the MMC or any CPU coin for that matter is the CPU. Less cost of Sempron ($60), and the cost is even lower. You need at least a basic CPU to mine LTC. Next time you want to promote a shitty coin - make sure you use a "Self Moderated" thread like the other devs do - so you can delete anything you don't agree with - like the MemoryCoin devs do. Next time you post a response to someone; try not being such a jerk about it. ;) Interesting |