Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Wotan Wipeout on December 12, 2020, 09:50:06 AM



Title: Conflux Coin - Octopus algorithm
Post by: Wotan Wipeout on December 12, 2020, 09:50:06 AM
Any Infos about this coin?

Tested 3080 hashrate

62,5 MH/s - 220 Watt - 284 kH/W
85,3 MH/s - 355 Watt - 240 kH/W




Title: Re: Conflux Coin - Octopus algorithm
Post by: philipma1957 on December 12, 2020, 01:37:35 PM
Any Infos about this coin?

Tested 3080 hashrate

62,5 MH/s - 220 Watt - 284 kH/W
85,3 MH/s - 355 Watt - 240 kH/W




you can mine it at nicehash so they may have a profit calculator for it


Title: Re: Conflux Coin - Octopus algorithm
Post by: mak013 on December 14, 2020, 07:50:28 AM
If i remember right - the block reward decreased from 7 to 2 coins, and the price hadnt grown 3.5 times. I havent 30xx GPUs but it looks like that profit became not higher then ETH mining


Title: Re: Conflux Coin - Octopus algorithm
Post by: mak013 on December 16, 2020, 10:48:29 AM
If i remember right - the block reward decreased from 7 to 2 coins, and the price hadnt grown 3.5 times. I havent 30xx GPUs but it looks like that profit became not higher then ETH mining
You are right, but in the long term, mining is profitable - we plan to introduce new developments to develop the project
I`m happy to hear it, but for me as a miner, profit is more valuable then developments. I can mine ETH and easily buy much number of coins then i would mine.