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I mine on BTCguild and Slush Pool.
Both pools are reliable. BTCguild has better SysOp communications. Slush was the first pool and works well.
BTCguild is PPLNS, Slush is it's own system.
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To answer this question, one must know why you want to mine. Different people have different reasons for mining. - As a fun Hobby? Then anytime is a good time.
- To get rich? Fo'get about it.
- To break even? many feel that is unlikely
- To support Bitcoin and the BTC Network? Yeah, again anytime is good.
- To get BTCs without using an exchange? Some would argue there are better ways such as local BTC sellers.
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There is always Ozcoin's solo pool as an option.
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 My earnings for our mega round was '0.000000000' yep, that's right, nothing. I had to laugh when I got home from work and noticed my network was down. Turns out its been down all day. I'm back on now and ready for the next run of super quick rounds.  So it is your fault that it took so long because you weren't helping.  |
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You guys wanna see bad luck, go look at Slush Pool, they had a 25 hour block.  |
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O.k. so since I am now on the PPLNS method, do I need to set up a Namecoin wallet ASAP? I have very little hash rate, so it could be a long while before I would even be able to sniff at planning a payout. and since ScryptGuild has brought auto-convert to BTC, will you consider making that possible between Namecoin on BTCGuild?
You don't need a Namecoin wallet to earn them, they automatically accrue regardless. You can set the wallet to an exchange (generally BTC-e) and trade them for BTC there. I'm not planning on any auto conversion of NMC on BTC Guild. I hve been mining btcguild for over a month with 230gh... I had no idea there is any namecoin reward or am I reading this wrong? As stated above, NMC is hidden by default since the majority of users don't care about it. You can enable it on the Settings page. It doesn't include the detail that BTC does, basically just a balance counter and a CSV export in the settings page for your payouts. Unlike a few other pools, BTC Guild doesn't keep the NMC if you had it hidden or didn't include a wallet. Your account, as long as it was on PPLNS, was generating NMC the entire time and has accumulated a balance. I guess you didn't like my suggestion about autoconverting NMC to BTC? |
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I dunno, every time i see BFG i think ButterFly Girl. Left over from when someone appeared to be BFL's lackey.
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Which are the best pools?
All of them. |
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Actually, saying that any amount per month is made can't be correct. Unless you constantly add new hardware, every month you will make less than you did the month before because of other people bring new hardware on line.
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So is an antminer USB a good investment?
Investment? no. When it comes to mining, there is no good investment. But, it is a good starting point to get a feel about how things work. |
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Come on guys, that MegaBigPower's farm. those are Bitfury boards. each card is is 25+ Gh/s.
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Forget surge protector, i'd get a UPS. it will keep you running through minor dropouts. I've like APC's UPS.
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You need to run mining software such as cgminer to run your USBs. Then the easiest route is to pick a pool to mine at. the pool will send your coins to your wallet when you accumulate a certain amount.
There are lots of other ways, i'm sure others will chime in with their way is better. This is just what i see as the easyist while you learn.
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Intel sells MBs with the atom processor for about US$80.00 of course you need other parts. I built a machine for about US$150.00 It is currently running 36 Block Erupters and isn't even breathing hard. The computer itself uses about 35 watts. I'm running Ubuntu Linux, but it would run windows as well.
ASUS Eee PC would also fit you need. They used to come with XP, even after XP was discontinued.
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Write "Bitcoin for Dummies".
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Want to effectively destroy your bitcoins? - make a wallet with no backup copy
- store coins in it
- reformat disk
a bit extreme,  i know. |
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In what way can i choose the best Poll? Is there any guideline?
There is no "best pool", only opinions. |
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Sorry for a newby question! I'm new for mining. What do shares mean?
When you mine in a pool, the work you do earns you shares of the payout when a block is finally found. It is a proof of work thing. It doesn't mean anything to bitcoin specifically. |
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um... not to look a gift horse in the mouth, but do you think you could make the option to automatically change our nmc into btc like you do on scryptguild?  |
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Why bother mining DOGE anymore? The rewards aren't what it used to be. Mine Trollcoins. They still pay out 50K blocks if you mine solo. And yes you can still mine solo... Discuss...
You are in the wrong thread. No discuss. |
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