I checked and unless someone already sold in it, there are no bids for that currency only offers. So not profitable to mine unless its get popular. |
|
|
|
|
Basically its very profitable however you need to be lucky and have the right GPU.
For my GPUs its not profitable at all but if you have an R9 290X then its very profitable when compared to X11/X13.
|
|
|
|
What does everybody use for an R9 270X? I only get 70Mhash/s per GPU.
gpuIntensity=1024
# Set the GPU device number (0, 1, 2, ...), the work group size and the work group count.
# The first GPU device will be used if this parameter is omitted. This parameter can
# be repeated to use multiple GPU devices. The GPU devices that are available are
# listed when NxtMint is started with a non-zero value for gpuIntensity.
gpuDevice=0,256,1000
gpuDevice=1,256,1000
gpuDevice=2,256,1000
I noticed that it is very important to have the latest (version 14) Catalyst drivers installed. I use 0,256 with intensity 512. No whatever I try I get only 80Mhash/s per 270X. I updated the drivers and used your settings. Version 1.3.0 doesn't show any hashrates so I use 1.4.0 I also keep getting the "Native library NxtMint_x86 is not available - using Java CPU hash routines" even though I linked to the jni directory. On most hash algorithms, 270X gets a bit less than half of what a 290X does, so that sounds fairly close. About the CPU hash routines, it doesn't matter as long as you're not CPU mining. So EGOLD is currently the only profitable GPU coin out there? ELEMS dosen't work on GPU and the rest of the coins have no bidders so they are useless. I tried FORKK but the max mint is 1 so you end up losing money on that one. |
|
|
|
What does everybody use for an R9 270X? I only get 70Mhash/s per GPU.
gpuIntensity=1024
# Set the GPU device number (0, 1, 2, ...), the work group size and the work group count.
# The first GPU device will be used if this parameter is omitted. This parameter can
# be repeated to use multiple GPU devices. The GPU devices that are available are
# listed when NxtMint is started with a non-zero value for gpuIntensity.
gpuDevice=0,256,1000
gpuDevice=1,256,1000
gpuDevice=2,256,1000
I noticed that it is very important to have the latest (version 14) Catalyst drivers installed. I use 0,256 with intensity 512. No whatever I try I get only 80Mhash/s per 270X. I updated the drivers and used your settings. Version 1.3.0 doesn't show any hashrates so I use 1.4.0 I also keep getting the "Native library NxtMint_x86 is not available - using Java CPU hash routines" even though I linked to the jni directory. |
|
|
|
|
What does everybody use for an R9 270X? I only get 70Mhash/s per GPU.
gpuIntensity=1024
# Set the GPU device number (0, 1, 2, ...), the work group size and the work group count.
# The first GPU device will be used if this parameter is omitted. This parameter can
# be repeated to use multiple GPU devices. The GPU devices that are available are
# listed when NxtMint is started with a non-zero value for gpuIntensity.
gpuDevice=0,256,1000
gpuDevice=1,256,1000
gpuDevice=2,256,1000
|
|
|
|
Maybe you are right...i can w8 but i have a source for free electricity and i want miners  Yes I am in the same boat as you. But presently with shipping these miners are too expensive and even with free electricity they have a ROI date of at least 3 months. And after 3 months all you will be making is like $1-2 per miner. |
|
|
|
I found my first a few days ago, didn't know this thread existed.  SRvbV5FdqKvZRWNqdjV7LPsV77MQgbqS2G |
|
|
|
How much money per day does that 290X bring you? |
|
|
|
|
You should wait until BTC breaks $200 and heads towards $150 or so. Then people will be panicking and selling their mining gear cheaply.
|
|
|
|
Hello everybody.
I have the possibility to get cigars cheaper than they are selling at stores, online shops, and so on.
This is because of my location.
Wanna see if here is a demand for such product. Also i can cooperate with retailers, if my price will be profitable for them. But quantity won't be very big.
Prices will be about 60-70 % of retail price for shipping within USA. Shipping price included.
For international orders, 65-70 %+shipping price. For international, i am not responsible for packages seized by customs or so on. After i send you tracking number which proves that order was shipped, i receive money from escrow.
NO Cuban Cigars
A lot of brands available, but if you are interested, hit me up in PM or in topic, and ill tell for sure if i can provide you such product.
Everybody interested in cigars, is welcomed to write some suggestions here. Write about price, international/US, and other things you want. Price is approximate, not final, so dont judge about price, just write if you are interested in this.
ESCROW IS REQUIRED.
You can't sell them in the US because they need to have the proper tax paid sticker on them. If you do they will get confiscated. |
|
|
|
|
Who knows maybe its the miners that turned back their rigs one week ago when price peaked at $315 or so. Maybe in 2-3 days it will level off and start to head down
|
|
|
|
I don't understand how you get paid because these EGOLD and ELMS you can't find on any exchange anywhere.
How much do you make per day per 290X on average?
You exchange them through the NXT wallet - the exchange is on the network, I think. I don't know how to calculate coins per day from hashrate, though. What is the power consumption on mining these compared to X11? Is it power intensive like Scrypt? |
|
|
|
|
I don't understand how you get paid because these EGOLD and ELMS you can't find on any exchange anywhere.
How much do you make per day per 290X on average?
|
|
|
|
I've read lots of posts saying roi is impossible. I pay .13usd kwh and think it's possible.
Well, 7,000 GH/s at 3,550W is a decent ~0.51 J/Gh ...and judging by your numbers, it's essentially 6 AntMiner S5's. With that in mind, at $0.13 per kWh, you're looking at $11.08 in electricity costs per day. So long as 7 TH/s generates more than that in the same period, you'll be good. Here's what to think about instead: At what point will your setup no longer generate a profit (expenses equal revenue)? This largely depends on two factors; price per Bitcoin, and the network difficulty. There are other factors for larger setups, but we'll keep it simple for this one. If a Bitcoin is valued at $230 (current price off of Coinbase as I write this), and at the current difficulty of 41,272,873,895, your revenue should come in around BTC0.08529572, or $19.62, per day (ignoring variance). This means you'll be able to maintain profitability until the price per Bitcoin drops to about $129.90, with difficulty staying constant (though unlikely given many more miners would drop out of the game at that price). Alternatively, if the price stayed constant instead, you could maintain profitability until the difficulty rises to roughly 73,076,881,507...you can be the judge on how long it takes to get there (1, 3, 6, 12 months, etc). Obviously neither of these variables are constant, so I'd advise you do to your own calculations. As the price per Bitcoin rises, your difficulty ceiling rises by a similar proportion as well. Its true. But keep in mind. Judgeing by what happened in the past. The difficulty will rise and the price will fall. |
|
|
|
Been mining GPU coins for over a year and have no idea on how to start mining this one.
It took me a while to get it - and I've been GPU mining two years. Is it more profitable then X11? |
|
|
|
|
Been mining GPU coins for over a year and have no idea on how to start mining this one.
|
|
|
|
|
I just don't understand why there are so many GPU miners out there at these horrible profit levels.
With X11 or X13 or Neoscrypt you need electricity at 0.07KwH just to earn nothing.
Considering the fact that electricity of <0.07kwH is rare in most developed nations, why are there so many GPU miners out there.
I figured the difficulties would at least decrease and Darkcoin would be profitable again but with the recent BTC drop people are still out there mining.
So are there really that many miners out there that don't pay for power? Because it seems like the only logical explanation why the hashrates are sky-high.
|
|
|
|
It is now a good time to buy miners with fiat, if you believe than BTC price will raise. good way to get positive ROI sooner.
As always, as it was in 2009, 2010, 2011, 2012, 2013, 2014, 2015....if you believe the price will rise, just buy the Bitcoin. You're throwing away money and wasting time buying miners, if you're doing it strictly on speculation. Too many factors against mining: electrical costs, downtime, upkeep, maintenance, cooling, difficulty, pool variance Just buy BTC at the moment, it's at a discount price!  Bad logic. There are many reasons why buying a miner could be better than buying BTC. If people really believe that BTC will definitively increase in value, then the best option would seem to be selling everything you own for BTC that isn't essential to your immediate survival. Obviously, that would be an unbelievably risky move, so basically anyone will factor in at least *some* level of risk. For those who don't mind risk, buying BTC outright may be preferable. However, if you hate risk, buying a miner can be a much safer option, especially in a bear market. The trade off for that extra security is decreased profit potential over the long haul. You don't buy miners when the price slumps, you just buy BTC, if you're speculating on a price hike. You DO buy miners when the BTC fiat price is high, as it's more prohibitive to buy the coin outright, then it is to generate small amounts of it daily in hopes of making your fiat investment back. Simple math for ROI, dude. BTC In<=BTC Out Buying a miner now with fiat, no matter which miners, you'll net negative BTC. If you bought a miner for $500, mine back half a Bitcoin and Bitcoin spikes to $920 a Bitcoin, you're thinking, "WOW, I made back my investment!" WRONG! If you had bought $500 worth of Bitcoin, you'd have over 2 Bitcoins at today's price. It's throwing good money at bad investments. Wrong. You didn't consider the fact that you can get a miner DIRT cheap these days and if you have FREE electricity you have a higher chance of making money then buying BTC and hoping you sell it at a higher price then you bought it for. Also the ASIC after 6 months or 12 months you can re-sell to get some % of your money back. |
|
|
|
bad day. 8 losses, 500k bits each....  total 4 btc poof... ouchies what was the payout you were trying to hit if you don't me asking  2.2x but all the draws came below in a whole lot. Why say 500k Bits instead if 0.5 BTC  Anyway sorry for your loss Its because many people are confused and they usually like to say 1000mBTC which is 1BTC. The decimals places make it confusing from time to time. |
|
|
|
|
Show Posts
