Bitcoin Forum

Bitcoin => Mining => Topic started by: djex on July 24, 2012, 04:35:03 PM



Title: Best option for someone GPU mining?
Post by: djex on July 24, 2012, 04:35:03 PM
Well I haven't been here in months and so I've missed a lot. I see that FPGA / ASIC mining has pretty much taken over now. I still have my GPU miners running. They don't make much, pays the electric bill and maybe an extra $20 for my self each month. I'm just wondering if any one can point me in the right direction as to what pool would be best for someone still GPU mining. I hear good things about p2pool. I also read that LTC is more profitable to mine than BTC at the moment but I can't see how that is with the current exchange of 1 LTC = 0.006 BTC.

So basically what would be the best thing I could / should do if I still wanted to GPU mine?


Title: Re: Best option for someone GPU mining?
Post by: racerguy on July 24, 2012, 05:58:46 PM
ltc mining is most profitable at the moment, besides that you could pool hop or just mine on regular pools.  Im just mining on p2pool atm and that's been going well the last few weeks.


Title: Re: Best option for someone GPU mining?
Post by: djex on July 24, 2012, 06:07:53 PM
Yeah I use to pool hop months ago but it kinda died off. I don't think its profitable any longer to do so with hopable pools switching their reward systems to a more hop proof algorithm. I tried mining LTC yesterday. I let it go for 24 hours. I got roughly 40 LTC @ 0.006 BTC = 0.24 BTC . With mining bitcoin I get 0.33 BTC per 24 hours. So I guess on my setup LTC isn't the most profitable.

I may give p2pool a try. What would be a better pool to mine at. Currently (don't shoot me) I'm mining at deepbit. I know I've read that its the least profitable pool.


Title: Re: Best option for someone GPU mining?
Post by: aqrulesms on July 24, 2012, 08:25:01 PM
GPU mining is still going strong for me at the moment.  I make $3 profit per day approximately for each of my rigs.


Title: Re: Best option for someone GPU mining?
Post by: fabrizziop on July 24, 2012, 09:42:55 PM
Is there any mining calculator for LTC?. I've got 1 5850, 11 5830 and 1 5770, do I get more by mining LTC?.


Title: Re: Best option for someone GPU mining?
Post by: os2sam on July 24, 2012, 11:50:41 PM
I may give p2pool a try. What would be a better pool to mine at. Currently (don't shoot me) I'm mining at deepbit. I know I've read that its the least profitable pool.

Deepbit is not the least profitable pool.  It's still the most reliable, so if you leave your miners unattended for extended periods of time that could easily make it more profitable than most others.

Other than that give Ozcoin a try for a few day's.  I'm GPU mining and use both of those pools as well as BTC Guild.  But I'm not selling my coins for a profit, I'm putting them in my mattress :).
Sam


Title: Re: Best option for someone GPU mining?
Post by: mdude77 on July 25, 2012, 12:11:17 AM
Well I haven't been here in months and so I've missed a lot. I see that FPGA / ASIC mining has pretty much taken over now. I still have my GPU miners running. They don't make much, pays the electric bill and maybe an extra $20 for my self each month. I'm just wondering if any one can point me in the right direction as to what pool would be best for someone still GPU mining. I hear good things about p2pool. I also read that LTC is more profitable to mine than BTC at the moment but I can't see how that is with the current exchange of 1 LTC = 0.006 BTC.

So basically what would be the best thing I could / should do if I still wanted to GPU mine?

p2pool seems to have worked out some of the kinks that turned me off it a few months ago.  I'm running on it now and am very pleased with it.  One note, I suggest running it locally, with port forwarding for 9333 (p2pool) and 8333 (for bitcoin) so that you have optimum info to work with.  Theoretically that should reduce your stale rate.  Lastly, keep your local version up to date.  Using older versions is asking for trouble.

The most popular public p2pool, p2pmining, got hacked not too long ago.  The point of p2pool is to use your own resources and not rely on a public pool, that can have dishonest operators and/or be hacked.

M