Why should anyone mining namecoins with the current difficult/price ratio instead of mining bitcoins ?
Same reason people mined Bitcoins a year ago when it was unprofitable. |
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I am for merged mining but believe that the Namecoin reward for doing merged mining should be reduced by half.
Why? If namecoin takes off, there should be a legitimate means for someone to mine namecoins if they actually want namecoins for name registration. It makes sense that someone should have to pay with the Namecoin resource either via CPU or by payment. Merged mining makes payment the only practical option. It's awfully peculiar to tell someone, "Namecoin mining is now next to impossible thanks to merged mining with Bitcoin, so if you want some Namecoins, the only way to get them is to buy them from the Bitcoin community."
Or join a pool that does merged mining, when the pool solves a NMC block it would get distributed to the pool like BTC... also I was thinking tonight, how hard would it be to integrate namecoin .bit domain resolution into the tor network? it just seems like the 2 would go hand in hand. |
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well this has to be a new record.... 16million shares lol
3h 37m 16180592
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Based on my calculations the current network rate of the namecoin network is only around 65 GHash/sec looking at the number of blocks found in the last 24 hours.
I look up the current dificulty and estimates at http://dot-bit.org/tools/nextDifficulty.phpI didn't see anything on that page for total network hash rate. Also I think their numbers are skewed because of the rapid decline in miners after the difficulty switch. There isn't a total hash rate. But it does show what the current "instant" difficulty of the network is (13'586.66) and the next Difficulty change, which has been changing as mining capacity is reduced. Currently 26/10/2011 06:47 (only 3 months to do what took 3 days last week) |
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and now it will be October before another difficulty change...
Next 20160 12/10/2011
11 blocks in the past 24hrs.
18322 29/07/11 16:43:04
18321 29/07/11 12:51:24
18320 29/07/11 09:08:15
18319 29/07/11 05:26:55
18318 29/07/11 02:09:17
18317 29/07/11 01:43:18
18316 29/07/11 01:39:08
18315 28/07/11 22:53:04
18314 28/07/11 19:08:50
18313 28/07/11 18:07:25
18312 28/07/11 16:59:39
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I noticed a shit luck day on BTC Guild myself. Do you think it's worth the 7% fees to hop over to deepbit?
7% fee? Its 3% for proportional (10% for pps, but luck has nothing to do when pps'ing) Oh that's not too bad then. Well hopefull the 3% loss makes up for the huge luck increase! lol if you switched you made the wrong move, btcguilds luck turned around while deepbit has the bad luck now. And im reminded of the beginning of Office Space during the traffic jam... |
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I think the only way you can get higher is to use the shader unlock mod which my non-reference sapphire can't use. I have read some of these 6950's will OC to 1000mhz but to me doesnt seem like the risk is worth the reward to OC that much.
What risk? If you can keep the card cool enough, and it runs stable, what am I missing? Exactly, Id rather only OC it 12.5% and have it run nice and cool than push the card to its limit, make it run alot hotter and possably shorten the life span for just a couple more mhs. Therefore the reward of maybe another 10-15 mhs, to me isn't worth the risk of cutting months or years off the lifespan of the card. |
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I think the only way you can get higher is to use the shader unlock mod which my non-reference sapphire can't use. I have read some of these 6950's will OC to 1000mhz but to me doesnt seem like the risk is worth the reward to OC that much.
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I see many here using phoenix, and a bunch of the other ones but the one that has worked best for my 6950 is GUIminer w/ these settings:
New Miner -> OpenCL -> parameters: -v -w128 f1
My card cant be unlocked and I have the core OC'd to 890, default voltage. RAM is at 150mhz.
It produces around 363mh/sec
Ive tried phoenix, w/ the different kernels but it gets nowhere near that many mh/s on my card.
Im running the 11.7 preview drivers for now.
Please post any other miners I should try and the parameters.
Thanks
im running the same miner and settings when im not using my pc, when using it i use phoenix with a aggression=6 for around 320 Mhs while watching videos. I have my sapphire OC'd to 900 and ram at default and get 365mhs (with the miner you have listed above, plus my backup pool settings.) and using 11.6 drivers |
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@Iyeman: I wasn't able to add the worker display for every pool because the ones that don't show them don't put that information in their API. So it's imposable for me to add it  They may change their API in the future to include that information and then I'll probably add the workers in. I figured that was why but didn't want to put words in your mouth. |
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would laying the bare motherboard on exposed metal short the motherboard? Those cubes seem extremely efficient other wise.
The cubes I linked are plastic-coated metal. You'd have to tear the plastic (eg., with a set of pliers or some other sharp tool) then be unlucky enough to short. A very basic modicum of common sense should prevent the above. That being said, you can also fry a mobo by not properly grounding yourself before touching it too. Pretty much any metal that deals with clothes (which is what the main purpose of these cubes are for) is plastic coated to make sure there is no chance of it rusting onto the clothes. But if you are worried about it, just cut some plywood to slide in and mount everything to it. |
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I'll keep on mining Namecoins anyway... No profit right now but you never know what happens... Just collecting mine bitcoins, go to the exchange and exchange them, it's more profitable True... But if everyone would think like that, there would be no Namecoin... Payments are very slow now, too many people stopped mining after difficulty increase... ±1900 Blocks to find to next difficulty... I'm buying Namecoins like crazy but without a network, nobody gets them... Exactly what Ive been saying all along. I have about 30% of my little 1.2ghs mining NMC, the rest mining BTC and using it to buy NMC to jack the price up lol. seems to be working so far anyways. Plus if NMC takes off and gains some real value then long term the profitability of mining NMC is better than BTC. To many people looking for immediate return on their investment. |
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Be sure to read the mail in rebate small print...limit 1 per household, and it requires a packing slip or invoice(basically something with your address). So basically after the first card for 150 the others will be 165. |
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Where is the #$%&/() who created this tropic now???
Next 25/09/2011 14:52 23'509.49 x0.25
2 months! there is even less people mining them than before!
Yeah, it is really sucking when it takes nearly 5 hours for ANYONE on the namecoin network to find a block... 18301 28/07/11 08:56:40 18300 28/07/11 04:06:44 But as BTC gets more difficult to mine and the price of NMC continues to rise we will eventually hit that sweet spot to get to block 24000...hopefully sooner rather than later...Need to get the price to 0.0490 to make it as profitable as BTC after the increase in a few days. |
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So I figured I would give this a shot, never used rainmeter before. Im just wondering, the first post screenshot have all listed together with all pools(I assume?) confirmed/unconfirmed etc. listed in same window. When I add the skin files, all of them run in seperate windows. Is there some magic on switch to get them like the OP screenshot? The OP Screenshot is just one pool. Like my BTCguild skin lists each individual worker but deepbit one doesn't. Not sure why the OP didn't list workers for all of the pools. 3 Separate Skins below for my setup.  |
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I noticed a shit luck day on BTC Guild myself. Do you think it's worth the 7% fees to hop over to deepbit?
7% fee? Its 3% for proportional (10% for pps, but luck has nothing to do when pps'ing) |
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I couldn't get it to mine with a hash rate higher than a few M/hashes.
That sounds like you had the CPU picked for opencl. |
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BTW Gold and silver is money and nothing else.
Agreed. So all that gold and silver Jewelery isn't really gold and silver? |
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If in USA 6870  Otherwise, prices may vary outside the US! 5830 wouldn't be better than the 6870? You have to be able to find someplace with a 5830 in stock... |
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