are you likely to update to the latest Litecoin core software?
If there are no major objections, certainly. Our pool software has already been updated to be segwit-compatible. Your call but maybe you could mention this on the news section of your pool? Since the voting will be based on mining, letting the miners know which side their hash power will vote towards would be nice. |
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Cool, I'll be watching this. I also can add my name to the list of people willing to send a few broken cards to you. I should have some 7950's around somewhere.
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So seems like my deal will go through with them, but they wont be able to send out my shipment until the first week of feb. As soon as I have the final numbers per unit and the freight shipping cost from them ill open up another thread for a group buy-in. It will most likely be conducted in a similar fashion to my USB scrypt stick pre order (except you wont have to wait months for these  . All BTC will be pooled in a public address that I will send directly to bitmain, they'll pallet drop ship all the units to me in NY, and ill simply slap a shipment label on them and send them out to you guys. I know some of you guys have PMed me already, but ill start putting a serious list together with the number of units you guys are interested in so if you haven't already shoot me a PM with the number you want (figure around $1600 each unit). Seems you are quite knowledgeable on those units, have you already calculated ROI with increasing difficulties & stuff and can give us an approximation of the true ROI ? i find it hard to calculate for ASIC based miners, i use this calc : https://bitcoinwisdom.com/litecoin/calculator, with 1% increased difficulty, but aside if you don't pay for electricity you don't seems to get ROI like ever and even it take 2+ years. So am i doing it wrong or is there some sort of secret to find those device to be profitable, like only doing alt-coin ? I was told this calc may not be accurate either. What do you think ? Unfortunately I dont have the answer you are looking for, but I have been in the litecoin community since the GPU days, and what I do know is that litecoin has consistently been the most stable and profitable coin in all of crypto currencies. Other altcoins and have come and gone, they go through their spikes and dumps, and litecoin has always stayed in the sidelines returning the same profit day in/out. Like others have mentioned its definitely the long game with litecoin. Yea you can be more profitable putting your money elsewhere right now, but in the long run I have made more gains with litecoin than any other crypto. The second main reason is im constrained by power capacity (have about 10kw dedicated to mining), and currently the L3 cant be matched by any other form of hardware in terms of $mined/watt, be it asic or GPU. For example and S9 can put out 19 cents of revenue per month per watt, the most profitable GPU algo (zcash currently) 28 cents per watt, and the L3 is now at 34 cents per watt. So you can see where the true value of scrypt mining lies...for the home miner that is constrained by power (both capacity and price), it cannot be beat. This is the reason I have always been a proponet of scrypt/litecoin for home miners (and is the reason I started my whole scrypt USB stick project...which I hope to continue with a new version on the current generation of scrypt asics). Of course all this comes with a trade off and thats with a higher upfront cost, which again is not for everyone. So it again it comes down to your individual needs...are you a huge farm with massive capacity and low electricity price? Go with a Bitcoin miner...do you want quick ROI and high resell value go with GPU algos...are you a home miner with high electricity and want to play the long game? Go with L3. But dont make a decision based on a simple ROI calculator and do your research. Well put! |
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Well the hash rate fell pretty fast on Prohashing... Doesn't not look like the L3's are happy on multipools either. I have diff set at 65536 and didn't seem to make a difference so far. Still monitoring to see what it does.
Try the titan settings if you havnt already. I gained ~20% by tweaking settings on PH. Thanks for the recommendation to use the Titan settings. I went and found they recommend setting a value of -h=3 to -h=5. They only mentioned setting diff to 8192, but I left that at 65536 and tried -h=3 and the hash rate seems to have stabilized pretty close to the rated hash rate around 250mhs. It is not looking bad at all right now. So far it is working better than my A4's did on Prohashing. This miner is really quiet, perfect home miner. My gpu rigs are louder than this thing. So far so good. I will continue to monitor and let you know of any weird behavior. After 24 hours I will take some screen shots of the performance and post for you guys. Did you also setup submitting stales? That alone boosted my hashrate a decent amount on my titan as PH pays you for stales as well. |
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Id like to see the option to compare different rigs as I think was suggested earlier in the thread. An example is if I have a rig of 380's and a rig of 480's, one will work better for one coin while the other may be better on something different. This specifically is what Ive been looking for for awhile now. Ive tried doing to in Excel but its not pretty.
Good work, looking forward to updates!
Also, Id focus more on users adding their own stats than building up a DB of stats... Its much easier to enter your own, each rig will be similar but slightly different depending on drivers, clock rates, mining software, etc...
So you'd essentially like to see a second "Daily Earnings" column beside the first one with the ability to enter a second set of hash rates to be able to compare the profitability between the 2 configurations? I actually had that in a pre alpha version, but decided it looked too cluttered and opted to remove it and have the graph beside the output table instead. I could easily re-implement it optionally with a "Compare to another setup" button or something. Alright, my short list is currently: 1) Add variable fees per coin 2) Compare to another setup feature Yes, I think thats what Id like to see. Maybe rather than showing it all on one screen you have a drop down box with different saved rigs. The user could quickly scroll through and see which works best on which coins. |
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Cool, thanks for the work. I'll be updating my nodes this week/weekend.
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Well the hash rate fell pretty fast on Prohashing... Doesn't not look like the L3's are happy on multipools either. I have diff set at 65536 and didn't seem to make a difference so far. Still monitoring to see what it does.
Try the titan settings if you havnt already. I gained ~20% by tweaking settings on PH. |
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I setup a P2Pool node for Feathercoin, its currently at zero fee (and has been for months) but I reserve the right to change that at any point. The node is here: http://104.236.34.9:19327/Ive got it on a pretty good VPS and most miners reported good results mining there. Its located East coast USA so your results may vary. Also, here is a list of P2Pools for Feathercoin, its typically current and accurate. http://p2pool.neoscrypt.de/ |
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Nobody cares about Litecoin. It's dead. There are no buyers, it's not used for speculation.
Wouldn't be surprised if we see a massive dump in the next 2 or 3 weeks. SegWit and release of 0.13.2 didn't bring what holders and speculators were hoping; they will soon dump their bags as they realise LTC time is over. At least, profitability wise.
Ethereum is king now.
https://bitinfocharts.com/comparison/hashrate-ltc.htmlVS bitcoinlitcoinbtcltc View Profile Personal Message (Offline) Trust: -1: -1 / +1 Warning: Trade with extreme caution!FUD, All said! Given his username, he must have supported litecoin at some point. Lost money on it, too, I assume. But I agree, I think it's pretty dead. Didn't know there was a halving, but I'll keep my eye on the price just for the hell of it. Yeah, look up some of his posts... One minute he is against LTC and the next he is for it. Whatever makes him happy I guess. The halving wont be for awhile yet, August 2019 it looks like: http://www.litecoinblockhalf.com/ |
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I honestly didnt expect the pump to last long. I do, however, have faith in Litecoin and this up/down means little to me. Im steadily buying and mining away.
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Glad someone noticed my little farm... Kidding - I wish I had much hashing power! |
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Id like to see the option to compare different rigs as I think was suggested earlier in the thread. An example is if I have a rig of 380's and a rig of 480's, one will work better for one coin while the other may be better on something different. This specifically is what Ive been looking for for awhile now. Ive tried doing to in Excel but its not pretty.
Good work, looking forward to updates!
Also, Id focus more on users adding their own stats than building up a DB of stats... Its much easier to enter your own, each rig will be similar but slightly different depending on drivers, clock rates, mining software, etc...
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Considering the owner has not updated the twitter, responded to emails, or even updated the site for over a year... it was bound to happen
Really? Thats unfortunate. Ive never setup an account here but I do like the data provided. Hopefully the owner is active and aware of any potential issues. |
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Ive never gotten a Flu shot myself but I dont think its a bad idea in general. I have a fairly strong immune system and typically dont catch the flu or other illnesses. Maybe thats not the best reasoning but it works for me so far.
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The website has references to it.
Well... I just tried to find an example I saw just the other day and now cant find it. I could swear I was looking into doing a report on my history and saw it mention a LTC account.
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Litecoin is one of those few coins that stays away from hype and just keeps chugging along. No hacks, No drama just slow and steady development - i like that.
Agreed. Dont count Litecoin out yet. |
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Of course I have a mix of gear not the above.
I would love to have 6 panda miners with three IBM 2980 psus.
That would be the cleanest smallest way to run 48 gpus
Do you really think the panda miner is such a good deal ? Ok it's a clean setup, but It seems expensive, and harder to sell in the end. (only to miners, not to gamers) My circumstances are different then most. I have the solar array deal. My power costs allow for running the pandas with the rx 480s until rx 680s come out. So when the rx 580s show in JUNE -AUG I won't need to replace the rx 480s. I would get 1 extra generation to use them. The solar array could do 72 amps max. So that could be : 6 pandaminers 4 s9's 5 avalon 7's would keep me and buysolar diverse. Yes, my rationale on the Panda similar to Phils. The Pandas will somewhat refocus the whole mining gameplan for me and group. Yes, the tinkering and experimentation on open rigs & DIY have given me hundreds of hours of "satisfaction" and sleepless nights -- love those challenges. But on the other hand, the commercial side of things is also important and ROI and profits needs to come in to pay bills. I have been trying very hard to look for cases and chassis for the open rigs so that someday it can be transported and powered by cheapest source of power available. All of this to improve profitability at the end of the day.... to be honest, this is very hard to do. The Pandas are a game changer, esp for large GPU farms, cooling cost, footprint, IMHO.... all it needs is smart software. No worries on resale or repurpose of these multi-GPU Pandas... there will always be buyers or renters (think.... local universities Deep Learning labs). Im not so sure about this last statement. Back in the Bitcoin GPU mining days there was a company/pool by the name of CoinLab. They wanted to share/rent GPU miners out to anyone who needed the power. It never went far, Im not even sure if they ever got a single client. Im also not saying that just because they failed, everyone else will too but know that this road has been walked before and without much success. |
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Im still trying to figure out how taxes work in regard to mining. My thought and understanding at this point is that its treated like any other income - like a business and taxes as such. Once this is fully enforced how will it effect mining operations? Id think bigger mining DCs will have a hard time due to the thin layer of profit to begin with. They have to convert BTC to fiat to cover costs where a home miner doesnt so much. A home miner can 'hide' by never converting to fiat and leaving no paper trail.
Thoughts?
Can anyone link me to more info on taxes related to mining?
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UIS is cool, but there's nothing insane about Myriad's emission model. It's actually very similar to Monero's but with halvings every 2 years instead of smoothing. There's a halving coming up in 2 weeks.
I think maybe he was referring more to the total number of coins. Some people just hate big numbers I guess. Big numbers, big ambitions. Myriad will win in 2017, bigly. UIS probably also. NeoScrypt sounds kinda boring though. Yea, but I think Mirrax is balls deep in feathercoin, which is probably why he's pushing for it, re: neoscrypt. Feathercoin isnt the only Neoscrypt coin, although its probably the biggest/most common. I see nothing wrong with Neo, its ASIC "resistant" and GPU mineable. |
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What miner is that, jstew?
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