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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Hexah on April 07, 2014, 04:38:36 PM



Title: Bytecoin (BCN) CPU-mining economics
Post by: Hexah on April 07, 2014, 04:38:36 PM
Hi, guys!
It's two weeks since I've started mining Bytecoin (BCN).
Now I mine on my PC (Intel Core  i7-920 Processor) that gives me 9H/s solo mining.
Current diff is ~526 000.
I mean Bytecoin diff - an "integer value, which informally represents an average amount of work (number of hashes calculated)
one needs to perform in order to create the current block." https://wiki.bytecoin.org/wiki/Difficulty

Exchange rate is 0.2 uBTC (according to https://bitcointalk.org/index.php?topic=531925.0)
So my solo-mining revenue is 0.258 BTC in a week.
I should say it's pretty good result!

I also mine via VPS (2.13 H/s) that gives me 2 blocks -> 0.05 BTC per week. Yes, now it doesn't cover my VPS expences, but I hope one day I will do twice current BTC.

What's your mining power and revenue?


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: thankful_for_today on April 07, 2014, 05:07:19 PM
Now I mine on my PC (Intel Core  i7-920 Processor) that gives me 9H/s solo mining.
Current diff is ~526 000.
I mean Bytecoin diff - an "integer value, which informally represents an average amount of work (number of hashes calculated)
one needs to perform in order to create the current block." https://wiki.bytecoin.org/wiki/Difficulty

Exchange rate is 0.2 uBTC (according to https://bitcointalk.org/index.php?topic=531925.0)
So my solo-mining revenue is 0.258 BTC in a week.

0.258 BTC/week is like Litecoin GPU farm giving 8800kh/s (i.e. 10-14 high-end GPU).

https://i.imgur.com/DiLxDhl.jpg?1

The only difference is that no GPU is required. Cool story, bro.


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: DStrange on April 07, 2014, 06:14:38 PM
https://lh4.googleusercontent.com/-mOcncQ_5Qgg/AAAAAAAAAAI/AAAAAAAAAAA/TssEwlsPGWE/photo.jpg



Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Johnny Mnemonic on April 07, 2014, 06:58:57 PM
How are you able to get 9 H/s on a i7 920 mining bcn? I have the same cpu and I can't break 4 H/s


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Cheesus on April 09, 2014, 10:09:23 AM
How are you able to get 9 H/s on a i7 920 mining bcn? I have the same cpu and I can't break 4 H/s
Maybe he is using different operating system?


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Hexah on April 09, 2014, 10:20:49 AM
How are you able to get 9 H/s on a i7 920 mining bcn? I have the same cpu and I can't break 4 H/s
Maybe he is using different operating system?
I'm using Linux on my desktop mining PC, you?


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: SuperKing on April 09, 2014, 11:49:10 AM
As you say, Bytecoin is a good coin for CPU mining.
So I will try this.
I didn't konw to mining which coin recently.


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Monetizer on April 09, 2014, 12:06:36 PM
Interesting, maybe I could try get GPU and CPU mining going at the same time. Is there a list of CPU speeds etc?


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Monetizer on April 10, 2014, 06:49:01 AM
Interesting, maybe I could try get GPU and CPU mining going at the same time. Is there a list of CPU speeds etc?

Have you seen https://wiki.bytecoin.org/wiki/Mining_hardware_comparison

No I havent. Thankyou for pointing it out, I will have a look now.


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Bitcoin Fiction on April 10, 2014, 09:19:29 AM
Interesting, maybe I could try get GPU and CPU mining going at the same time. Is there a list of CPU speeds etc?
You're not able to start Bytecoin mining with GPU... or did you meant you're currently mining something with GPU and just going to load your PC with CPU mining as well?


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: havanabob on April 11, 2014, 09:34:04 AM
Not bad indeed! Going to give BCN a 24x7 ride - holla holla get dolla :D


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Hexah on April 11, 2014, 11:34:34 AM
Interesting, maybe I could try get GPU and CPU mining going at the same time. Is there a list of CPU speeds etc?

Have you seen https://wiki.bytecoin.org/wiki/Mining_hardware_comparison

I wonder why there are so many Intel processors and very few of AMD's...  ???


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Cheesus on April 12, 2014, 06:07:16 AM
So... what are you current status guys? How much money you've been able to get? Didn't go well for me with my i5. Bad luck guys.


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Johnny Mnemonic on April 13, 2014, 07:23:14 PM
When I started mining a few weeks ago I was averaging about 100k/day (4.5 H/s). Right now I'm getting around 35k/day.


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: bitwho on April 13, 2014, 08:14:57 PM
i doubt this is cpu only


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: sorryforthat on April 14, 2014, 01:46:16 AM
i doubt this is cpu only

It is CPU Only

Can you give a break down of how you were able to get it functional on VPS. I was plagued with error after error on Ubunut. Tried multiple images and ram packages.


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Bitcoin Fiction on April 14, 2014, 08:32:59 AM
So... what are you current status guys? How much money you've been able to get? Didn't go well for me with my i5. Bad luck guys.
Was able to get 500k within a week on windows/i7. Not much but

https://encrypted-tbn1.gstatic.com/images?q=tbn:ANd9GcT0pDQ69kyJUKZxHybvtWXca-F9JgBCTZxm7dYUvG3e-W_uk_aV


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: EndlessWin on April 14, 2014, 01:27:00 PM
it's time to film a movie "Difficulty rises" bytecoin version. 800k+ atm.

with difficulty recalculating every 2 minutes it's easy to assemble a gambling site with "Guess the difficulty" game. :)


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Hexah on April 14, 2014, 02:38:53 PM
it's time to film a movie "Difficulty rises" bytecoin version. 800k+ atm.

with difficulty recalculating every 2 minutes it's easy to assemble a gambling site with "Guess the difficulty" game. :)

That's actually a valuable idea. I remember a Bitcoin game "Guess the exchange rate" based on the same concept.


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: EndlessWin on April 14, 2014, 03:36:54 PM
it's time to film a movie "Difficulty rises" bytecoin version. 800k+ atm.

with difficulty recalculating every 2 minutes it's easy to assemble a gambling site with "Guess the difficulty" game. :)

That's actually a valuable idea. I remember a Bitcoin game "Guess the exchange rate" based on the same concept.

hm. then this type of gambling won't take long to establish. maybe there are some good-to-go website decision.


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: EndlessWin on April 15, 2014, 11:25:55 AM
as it turns out there are indeed some good-to-go solutions for this type of gambling but all of them worth a fortune ;D

so i pass this idea to someone who have dolla  :P


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: havanabob on April 15, 2014, 01:56:32 PM
What is the most effective setup for BCN mining currently? I saw the the comparison but maybe someone came up with a better setup.


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Cheesus on April 15, 2014, 02:37:13 PM
What is the most effective setup for BCN mining currently? I saw the the comparison but maybe someone came up with a better setup.

Can't answer your question. Tho can say one thing: single i5 is not a top setup :D


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: havanabob on April 15, 2014, 02:39:29 PM
What is the most effective setup for BCN mining currently? I saw the the comparison but maybe someone came up with a better setup.

Can't answer your question. Tho can say one thing: single i5 is not a top setup :D

:) Would love to hear from AMD users, as comparison sheet doesn't mention much of it.


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: jasemoney on April 15, 2014, 03:03:48 PM
Downloaded the beginners package from https://bytecoin.org/ ran it and entered passcode to create wallet.  I think its syncing but it started at block 0 :/ says 600+ days old though the time is reducing theres c:\projects\sorrybigbro\src error messages relating to p2p i think.  is this just because its not sync'd?  How do you start mning once it is, setgenerate true -1 as usual?


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Cheesus on April 15, 2014, 03:07:23 PM
Downloaded the beginners package from https://bytecoin.org/ ran it and entered passcode to create wallet.  I think its syncing but it started at block 0 :/ says 600+ days old though the time is reducing theres c:\projects\sorrybigbro\src error messages relating to p2p i think.  is this just because its not sync'd?  How do you start mning once it is, setgenerate true -1 as usual?

https://pbs.twimg.com/profile_images/2727748211/c3d0981ae770f926eedf4eda7505b006.jpeg


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: jasemoney on April 15, 2014, 03:38:15 PM
lol @ the photo... thanks, wrong directory (bat file didn't move blockchain, norton blocked some connections)  nearly synced.


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: jasemoney on April 15, 2014, 07:27:31 PM
https://i.imgur.com/iQB0Ffi.png?1?4461
Wut indeed...
Anyone explain the blue? my balance is zero, must be blocks under current Diff?
Anyone explain the red? is it because im not on Tor?


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: researchsupportcoin on April 15, 2014, 10:43:20 PM
i doubt this is cpu only

This is CPU-only: https://bitcointalk.org/index.php?topic=566608.0


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: sorryforthat on April 16, 2014, 01:12:50 AM
https://i.imgur.com/iQB0Ffi.png?1?4461
Wut indeed...
Anyone explain the blue? my balance is zero, must be blocks under current Diff?
Anyone explain the red? is it because im not on Tor?


what the hell is cum_difficulty


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: tromp on April 16, 2014, 01:37:37 AM
what the hell is cum_difficulty

Must be cumulative difficulty...


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Monkeyseemonkeydo on April 16, 2014, 09:10:34 AM
Have started mining it a couple of days ago on a single PC (i7) but now I am able to mine on another 3 PCs (two i5 and i7 )

Should I install wallets on each machine or it is possible to mine to one already existed wallet?


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: ndonnard on April 16, 2014, 09:26:15 AM
Have started mining it a couple of days ago on a single PC (i7) but now I am able to mine on another 3 PCs (two i5 and i7 )

Should I install wallets on each machine or it is possible to mine to one already existed wallet?

I have the same issue. help, please.


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Lamalicious on April 16, 2014, 09:39:27 AM
Have started mining it a couple of days ago on a single PC (i7) but now I am able to mine on another 3 PCs (two i5 and i7 )

Should I install wallets on each machine or it is possible to mine to one already existed wallet?

I have the same issue. help, please.

1 wallet is enough.

Start mining from the daemon with "start_mining your_address number_of_threads" command where your_address is the address in your current wallet.


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Cheesus on April 17, 2014, 09:17:19 AM
https://i.imgur.com/iQB0Ffi.png?1?4461
Wut indeed...
Anyone explain the blue? my balance is zero, must be blocks under current Diff?
Anyone explain the red? is it because im not on Tor?


Blue speaks for itself. 2 people simultaniously found a block, you received 1st one and then the 2nd one, 2nd one added as alternative.

Don't know about the red tho.


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: EndlessWin on April 17, 2014, 09:42:11 AM

Wut indeed...
Anyone explain the blue? my balance is zero, must be blocks under current Diff?
Anyone explain the red? is it because im not on Tor?


Blue speaks for itself. 2 people simultaniously found a block, you received 1st one and then the 2nd one, 2nd one added as alternative.

Don't know about the red tho.

maybe it's also somehow connected to the the alternative block. something about time.


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Rias on April 18, 2014, 01:54:32 PM
I'm mining with minergate pool mostly. Even my shitty old Vaio laptop is making me around 100k a day. However, as they finally revealed the fees I might be switching to solo mining instead.


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Cheesus on April 21, 2014, 09:49:30 AM
I'm mining with minergate pool mostly. Even my shitty old Vaio laptop is making me around 100k a day. However, as they finally revealed the fees I might be switching to solo mining instead.

Switching from the pool with shitty Vaio is not a best idea. Pool provides you with a stable mediocre income and solo mining with your device is... questionable. ;D


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Stanford on April 23, 2014, 12:22:22 PM
I'm mining with minergate pool mostly. Even my shitty old Vaio laptop is making me around 100k a day. However, as they finally revealed the fees I might be switching to solo mining instead.

Dude, you'd better not to switch to solo mining if you have ''shitty old Vaio''
Cheesus is right about income provided with pool.  Just think about your decision better. You can always switch to solo mining.

Silly question but - have anyone with two similar cpus tried to compare solo and pool mining? Would be very interesting experiment I think.  :)



Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Monkeyseemonkeydo on April 25, 2014, 07:36:57 AM
Have started mining it a couple of days ago on a single PC (i7) but now I am able to mine on another 3 PCs (two i5 and i7 )

Should I install wallets on each machine or it is possible to mine to one already existed wallet?

I have the same issue. help, please.

1 wallet is enough.

Start mining from the daemon with "start_mining your_address number_of_threads" command where your_address is the address in your current wallet.


Thanks a lot for response. Finally get my cpus mining to my current wallet. So excited to mine coins.
Now as it's already a little left to mine I am thinking about buying bcn


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: hellojolin on April 29, 2014, 07:40:47 AM
Seems CPU mining coins are out dated.

X11 will be the hype soon.


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: Monkeyseemonkeydo on May 02, 2014, 02:33:18 AM
Seems CPU mining coins are out dated.

X11 will be the hype soon.

What your prediction is based on?


Title: Re: Bytecoin (BCN) CPU-mining economics
Post by: mamali1387 on June 16, 2017, 12:37:20 PM
Hi guys. :)
Because of reborn of Bytecoin, I decided to create a site for collecting and comparing CPU and GPU benchmark for it.
I've submitted details on this site: bytecoinz.ml (http://bytecoinz.ml)
You can submit your details for CPU or GPU to help BCN Society.
We have Reddit group (https://www.reddit.com/r/BytecoinBCN). It's a pleasure to join us ::)