Interesting.  Is this a merged Namecoin mining issue in general or a Namecoin/Eligius issue?  I received my last NMC payout from Bitminter on August 9th, then shortly thereafter I switched to Eligius.  When did the Eligius folks stop getting Namecoin payouts?

I've been googling this as well as trying to read some through this thread, but I can't find anything definitive.

I was previously at Bitminter, successfully mining Bitcoin and merged Namecoin -- the only Namecoins in my Namecoin wallet are from that.

But I had an issue with Bitminter (technical nature, and not important really) so I decided to try Eligius.  So far I've been happy -- except for one thing: I haven't received any Namecoins in my Namecoin wallet yet despite two Bitcoin payouts to date.  (And yes, I do have my Namecoin address on the My Eligius/Configurable Options page.)

Anyone have any idea why?

I did find this ...

    http://eligius.st/wiki/index.php/FAQ#Do_you_support_merged_mining_of_namecoins.3F

from back in 2013, which says "As of March 23, 2013, as per this post on Bitcointalk, Eligius will no longer offer namecoin merged mining to miners. Due to lack of maintenance/updates to the client code, as well as several potential exploits of the chain existing."

But then I also found this ...

    http://eligius.st/~gateway/faq/do-you-support-merged-mining-namecoins

from 2014 (at least in the footer) which contradicts that, saying "Yes, you must first configure your Namecoin address in My Eligius to be eligible to receive namecoins."  And which I've done.

Note that both contradictory statements are on eligius.st.

So which is it?  Does Eligius support merged Namecoin mining?  If so, why haven't I received any Namecoins along with my two Bitcoin payouts?  Are Namecoin payouts on some other schedule?

Thanks,

Jelks

That's the problem, I'm going to be taking my laptop with me when I go out of town tomorrow.  One of the nice things about the Antminers is you don't have to have them connected to a computer.  Is there a way to access them without going through a PC on the network (like with RDP or Teamviewer)?

Is there any way to easily *remotely* monitor these boxes?  I've got 2 of them with address like 192.168.1.x.  That's all good and fine when I'm on the home network, but when I go out of town I'm not on the home network.  So how do I get from them "from the outside"?

Thanks,

Jelks

What does "Profitability" mean when it comes to mining?

I am currently using Multiminer, which has an option to use Coinwarz to determine profitability.  I am currently mining Bitcoin, Peercoin, and Un (actually, add Namecoin to that since it "comes for free" when you mine Bitcoin). 

According to Coinwarz, BTC is always 100% -- of the SHA-256 coins, it is the most profitable, PPC is at 89%, and UNO is at 45% (the percentages on the latter 2 vary, but BTC is always by definition 100%).

Incidently, I discovered Un by accident.  Multiminer by default uses Coinchoose.com instead of Coinwarz.com to determine profitabilty.  At Coinchoose, it says the most profitable is Un, the second most profitable is something called Zetacoin (which, when I read about it, I didn't like -- it looks like the crypto version of the Fed LOL), and then Bitcoin (again, always at 100% -- everything is measured against Bitcoin no matter which site you're looking at).

So at Coinchoose, Un is by far the most profitable. Whereas Bitcoin is by default 100%, Un has a profitability of 381.43%!  And then, after reading about Un in general, I was completely sold on it.

But in further reading, it looked like Coinchoose was, um, kind of abandoned, it was sold, no captain in charge, etc., etc.  So I switched to Coinwarz, whereupon I got something of a rude kind of awakening (see above).

Ok, I know also that it possibly won't be profitable to mine Un in any way post-October, but I'd like to get a clue on this.  Ain't no way I'm gonna part with my UNOs acquired so far (well, to paraphrase Charlton Heston, "You can have my UNO when you pry them from my cold dead fingers"), but I'd really like to get a grip on the mining situation with "Profitability" -- and what the disparity between Coinchoose and Coinwarz really means.

Interestingly, when I tell Multiminer (using Coinwarz) to choose based on "Difficulty" vs. "Profitability", it picks UNO as the one to go with.  I don't know if that means it's the most difficult or the least difficult, LOL.

Jelks

I'm trying to understand exactly what you all are doing.  So if someone agrees to your offer, you send him 10 UNOs and he sends you .04 BTCs?

Jelks

Just sent you a nice little chunk.

Jelks

Awesome, got it, and thank you so much!

Also, thank you so much for creating Un/UNO, and then staying on top of it to bootl!

I've now got a little over 1300 UNOs, and have been mining as well (may give up in October, LOL), it's the only "alt-coin" that has excited me to date.

Jelks

But are the transactions themselves -- and the latest balance -- also stored in the wallet?  So that one would have to back it up/make a copy of it after every deposit/transaction so you don't lose coins? Or is the wallet itself merely a "pointer" to the relevant data in the blockchain and once one has a copy of the wallet backed up say on day 1, that's all you need to show your transactions and balance forever into the future?

(newbie to crypto question...)

Indeed, from me too.


Also, do you have to "Backup" the wallet after each transaction you make, i.e., are the transactions themselves -- and the latest balance -- also stored in the wallet?

So come October this year, then again years and years later, what is the financial incentive to mine UNO?  Buying it (and maybe selling it on occasion) with a "trading gold" mentality, I get, but I don't see how "normal" folks would want to mine this, unless you would have like 20 gazillion TH/s mining equipment -- and even then I'm not so sure.

Edit & PS: I'm mining UNO like crazy now.  :-)  I'll reconsider post-October...

I don't get it.

I use MultiMiner, which defaults to CoinChoose.  Of the SHA-256 algos, CoinChoose says that both UNO and ZET are more profitable to mine than BTC.  On WhatToMine.com and CoinWarz.com, the most profitable is BTC -- by quite a good bit!

So is CoinChoose just way off the mark now that it's been sold off to someone who presumably doesn't care?  Or are all these sites suspect in their "profitability" strategies?

MultiMiner only allows you to choose between CoinChoose and CoinWarz.  For the moment, I have just switched it to using CoinWarz, and thus from mining Unobtanium (which I actually really like as a coin for a number of reasons) back to Bitcoin.

What am I missing, if anything?

-- Jelks

LOL!

Good question though.  There are two Cryptsy USD withdrawal options.  One, a physical check is mailed to you. Two, you can put it into a "Cryptsy eWallet".  I did sign up for that but I haven't used it.  For one, I don't really know what it is, LOL!

For the moment, I think I'm going to take V500's advice and put in a buy order at Bitstamp/Coinbase prices and see what happens over the next week or so.

-- Jelks

Good advice V500, thank you!  I will try that.

Of course, the BTC price at Cryptsy as I type this is $608; at Bitstamp it's $589.  So let's say I put in a buy order @ $590.  Should that order trigger, I imagine that Bitcoin will have tanked a bit and that the then price on Bitstamp/Coinbase will likely be around $560 LOL! 

But I will try it!

-- Jelks

That would be great, but still, the Cryptsy vs. Coinbase BTC/USD difference is HUGE.  Check it out.  I imagine the premium for buying UNO with USD, should they decide to do it, would be equally huge.

So I goofed.  I deposited $2.5K USD into Cryptsy.  I should have deposited it into Coinbase instead, then transfered BTC to Cryptsy -- and then bought UNO at Cryptsy.

So I'm trying to figure out what to do with my $2.5K USD deposit at Cryptsy.  I really don't want to buy BTC there. The premium is just too much.

So I'm trying to figure out how to withdraw my USD from Cryptsy, put it into Coinbase, then transfer the BTC to Cryptsy then buy UNO.

Any helpful advice would be greatly appreciated.

-- Jelks

Wow, the price of BTC at Cryptsy is currently ~$623.  The same at Coinbase is $596.90.  That's a pretty big difference.

I want to buy some more UNO.  You can't do that at Coinbase so I deposited some USD at Cryptsy.  

But I don't feel like paying that kind of premium for BTC at Cryptsy just to turn around and buy some UNO with that BTC.  (You can't buy UNO or any other altcoin with USD at Cryptsy, you have to use BTC.)

I had bought some mining gear with BTC from my Coinbase account and so had very limited funds there. I could have deposited $X amount USD there "instantly", but I decided to deposit some $X + $1.5K USD to Cryptsy and "cut out the middle man (Coinbase)".  Bzzzt, bad decision!  (For one, the Cryptsy transaction time took about as long as the Coinbase transaction time would have taken for the $X + $1.5K).

Any advice, beside insults on my stupidity?

"Only those are happy who have desired the unattainable."

    -- Aleister Crowley, Book 4, part 2

I see Coinchoose still only shows SHA-256 and scrypt based coins.  Any idea if they will start showing the others?

Thank you, as always!

Jelks