Hey Chuck!

What you ask would likely cost enough for you to decide to re-exit the game again 

AntMiner S5 for BTC1.5

Quite the price drop from above hahahaha

If you mine to pay for electricity and pocket no pay, you shouldn't mine just for the sake of mining; either it be Gold, or Cryptos.

That's insanity, Albert Einstein will tell you that all day in different words...

I tell all miners that if they need to sell more than 75% of their take for mining expenses, they shouldn't mine at all.

That's like working for someone, it's defies the point of mining; miners must have a drive to "strike it rich"... it's the premise of Gold Mining.

Every miner has to have the drive of striking it rich but if you don't hold any coin, that will never happen.

However, it's everyone's right to mine and sell their take... it's also everyone's right to hold...

Most who get into mining have no idea of the real life mining industry and lack technical know-how.

I don't care, I'll keep buying lots of cheap coins with Bitcoin and mine as much as I can.

Let's not hide the fact that DGB needs more big holding miners so the smaller ones who sell their entire pay won't matter.

What DGB needs next fork is.... PoS??  Watch how many start holding XD

https://bitcointalk.org/index.php?topic=967022.0 - Mining

This here thread is scary right now for the noobs...

Miners need their own thread as it's a multi algo mined coin; let's start wit ha poll shall we?

Lots of miners, lots of different talks going on, let's crop it in one arena.

Since there's a lot more miners on DigiByte now and the announcement thread is now being littered with tailings (aka - mining lingo no one understands and huge re-reposts) DGB miners now have their own place to posts mining related talks; admins can point commenters here.  This way, the DigiDevs & experts can concentrate on helping n00bs to the coin in regards to usage and the big "why"...


We want constructive discussions and as you can see, we can see a sort of average of coins per day.

No ass kissing, no trolling!!!  Swearing Welcome!

This is what we should do, let's be organized, use the following easy to use copy and paste template:

UserName: GigaBit
Algo Mined: SHA256d
Hashing Power: 3TH/s
Daily Coins as per Pool: 50,000
Mining Frequency: Always at least 1TH/s, 24/7, unless power/internet outages.
Coin Sales: 0% of Monthly

Obviously put in your own info, this will give everyone a good idea of what to expect when entering DigiMineLand.  In the end, we will see the differences and what they are and which algo is most profitable.  Obviously most will get their info from their pools, that's fine, they're usually pretty accurate.  The more organized miners get, the more coin they can make.  I'm also sure SHA256d miners want to see how their hardware pans out against another's, so to say; even cross algo's!  Should be interesting.

Poll Note: You can vote UP TO 5 times!!  Some miners may be mining each algo, or some may mine more than just one.  You can vote for each algo but can only vote once one time.

Author Note: I'm very busy and cannot compile data, if someone wants to keep a spreadsheet.  I'm off right now, pre-surgery calm time

There's been a lot of big hashers coming in and out of SHA256, that cranked up the diff significantly.

One miner had over 11TH/s for a few days, that was more than 1/2 the pool's SHA power.

Another had almost the same for a long time; went up to 50TH/s for a while!

That said, it's not fair to use DGB's announcement thread to talk mining, I will create a thread in the AltCoin mining forum for DGB Miners Only.

Don't seem to be one and don't feel like going through a million pages of topics. 

I use a standalone mini IBM laptop now.

It's rarely ever online, only goes on to sync and check market related websites like CoinWarz, Bitcoin Wisdom & others...

I don't trust paper wallets, might as well use paper money at that rate :/

No, fuck that noise, my electronic wallet's an entire Netbook... the wired, Windows 7 ones are rare as gold now.

Next best thing's a Trézor but I like mine to be internet ready and that can play crappy games. 

Thanks for your interest in one of my my projects

Well, I won't say anything much but visitors will be able to mine for either cryptos, or a variety of precious metals, in a visual interface.

To me, it was hard to visualize Bitcoin mining when I started mining, I'm very visual person so I thought, why not build an actual mining game?

Not only that, why don't I make it profitable for anyone?

So instead of looking at the BitMinter interface all day or what not, it's gonna be more of a Gold Mining setting though and rewardd will be greater than conventional mining but miners can mine with either nothing and/or any type of hardware.  Cool huh?

Lots of work on that but I have a lot of welding work this summer, priorities first.

Gold comes before Crypto... sorry but I'm too busy making history in Gold Mining.  I'll make history in cryptos after.

I suffer from big brain, small wallet... if DigiByte can go to $1 a piece then I could build a lot of things =D

Let's just say I'm not as passionate about cryptos as I am about Gold, so a game has to wait.

It's third in line after my trommel and excavators are built; Yeah, I'm a fabricator too :p

I need about $5,000 to make that project and spent my coin for renovating my shop.

Maybe, crowdfunding could be an option but I'm only one person and priorities first.

Same thing happened in 1849 and again when paper was introduced... any new money will be the target of criminals.

Except the old timers of 1849, if you stole from someone, you'd get killed... government still usign the same old coups to gain control.

Today it's hard killing someone who don't live on the same continent as you and government can't control all that is digital.

There were thieves, murderers and crooks every since the dawn of time, don't blame Bitcoin for centuries of thievery.

Same thing with the internet... only those with a strong technological and financial inclination will jump all over it.

It's too complex because, well, it's not, the average person is not very smart... they can barely use a computer... 2P stated that.

Not only that, they think they know what they're doing but they don't, not only that, they get mad when you show them the right way.

Insanity's not doing the same thing over and over again, it's doing it over and over again expecting different results - Albert Einstein

Technology follows a "Line of Divination" or is what I call it...

-Nerds are always on top, once it's out, nerds want it to study it.  IE: Bill Gates & Comptuers, Mark Zuckerberg and Social Media & so on.
-Then businesses, they see that there is a lot more money to be made, for them it's a time to hog the good money now.
-Government gets in because they're scared the mean will be more powerful than they are, regulation comes... IE: DMCA, PIPA, SOPA, etc...

If the nerds and businesses benefit from it, then the government will say how good it is and start using it themselves... at that time though, it's too late, all the money has already been made.  It's the same thing with the Gold Rush syndrome... everyone remembers those old timers in 1849 who's pick up baseball sized nuggets out of creeks, overnight riches.  So they hear of a new gold rush thinking they'll go somewhere thinking they'll just pick baseball sized nuggets.

The new ones who came had a lot more work cut out for them to turn a profit and many failed.  One man's fortune is another man's pain.

It's not too complex, the average person is not interested in this kind of stuff... I tried, only 2-3 wanted to get into it, the other hundred got their heads so far up their wive's anus, even a bullhorn wouldn't fend them off. 

Plus when it comes to money, people want the sure, secure, protected and insured solution and cryptos are none of that.

They never had to live through a great depression and those who did seem fine with another one.. been there done that, who cares?

Even giving Bitcoin's not an easy task to someone who doesn't understand economics nor technology...

I guess he forgets the important fact that AltCoins, collectively, far superseede Bitcoin in total $$ trades.

He also forgets that many/most people only use Bitcoin to obtain AltCoins?

He also forgets (of fully understands) that his remarks only really benefit those with fat wallet?

He doesn't understand that Bitcoin has general appeal whilst AltCoins have niche appeal?

Although I'll agree that no-mining coins kill the purpose of cryptos, Bitcoin will at some point no longer be the "über alles" of cryptos.

So far all my predictions in cryptos have happened, so let me make some more crazy predictions.

Afloudist on that jackass!

Glad I don't trust them with any of my coin.

To reply to the title...

I'd use this thread for ideas.

More miners, greater difficulty = Lesser coin yield

Besides, SHA256 miners are a lot more powerful than any other miners.

To have a successful multi-algo platform, DGB's SHA256 miners needed to be mathematically adjusted to keep a level playing field.

Since SHA is hated by many, if DGB would have used SHA's full multiplier power, I'd be making millions of coins per day even to this day.

That just wouldn't be fair; when I started mining DGB, the price was tanking because SHA miners were now allowed to come and play.

I can do promotional work, I can make this coin's value move north in a hurry; but are too busy to take care of this now, too many projects going.

The way it's made, someone who spend $200 on a SHA rig will have the same advantage as someone who paid $200 for a Scrypt or other miner.

I kinda envy those who have Scrypt miners since they can miner so many different coins.

I used to make 50,000 coins per day with 1 S1, or 200GH/s, early last year, it's just the way the cookie crumbles in the crypto game.

However, I was the largest SHA miner after the fork and still one of the largest to this day.

Miners are the biggest coin cheerleaders, the more who mine, the more the coin will grow in acceptance.

I'm a huge fan of keeping things simple...

#http://Mining.SecurePayment.cc

I use them for other coins so I can recommend them, great service.

Not sure if I understand what you mean but here goes....

I mine on an LTE Network, which is much faster than 4G.

Most will also require you to have a hub or some such apparatus to get the signal, a modem of sort usually called a hub.

It works, I run around 10TH/s with no real issues but have ran into bottleneck situations that required machine shutdown for hours on end.

It's worst during summer (loser kids stay home and compute, draining their parent's savings on internet) and extreme weather conditions.

So far, I have no had to do an internet related shutdown since the New Year; new internet came to town.

Also, mining won't work well on satellite but it can work if needed, satellite's got too much latency.

If it's the best you got, it should do the work but can't guarantee anything.

Hope this helps.

I mine SHA256 out of my own pocket but power's free for me, so take it as you will...

I also mine with around 3TH/s, which is 3,000GH/s and get around 50K coins a day if are lucky.

So the numbers shown above of around DGB0.7 is probably an accurate estimate; Actually, my quick estimate is half of that...

I don't get why miners still mine with anything less than an S1... makes me feel so badass lol  

Anything around 1GH/s on scrypt would be deadly XD

According to "dumb use" of CoinWarz calculator shows that 1GH/s per day would give you DGB0.013 per day

http://www.coinwarz.com/calculators/digibyte-mining-calculator

Of course it's not likely that it's too accurate, but let's do some other math...

~3,000TH/s = 3,000,000 GH/s or, 3 Million of your miner.
3TH/s = DGB50,000 --> coins per day for MY hash power.
50,000 / 3,000,000 = 0.01666666666666666666666666666667 --> My hash power divided by yours, if you had 3GH/s but with only 1, divide by 3.

This leaves you with DGB0.005 or, less than BTC0.00000001

Hey, it's nothing, I read a thread yesterday about a guy who recently bought a Block Erupter Saphire @ 335MH/s, he's a damn fool compared to you.

That's not all my hashing power, I don't sell any DGB's EVER!  

PM me your wallet, I'll send you a bunch

PoolUserName.MinerName_diffxxxx - xxx being your difficulty - Works at TBF

You have to use the same technique for an S4 for SHA256 miners.

I believe you should see the actual command line in either pool stats or worker page.

Try out: http://mining.securepayment.cc - Just 1 Stratum port, your address as user and any passwords, you get 97% of the block reward.

Neat little site.

I do not own this site but I do want to promote decentralization of the network.

Props to you for solo mining, I think 3% is well worth the reduced headache.

This is the easiest way I know to solo mine.

Hope this helps

#Mining 

You're new I take... 41 minutes is rather quick or even average on big pools.  Some other pools can take days to find blocks #EclipseMC but is all proportionate to hashing power.  Don't mean you make less, just means you get pays less regularly.

Well, looks like Canadian Exchange options are once again dwindled down to nothing.

Vault of Satoshi closed not long ago, not as a result of any security stuff, they just... closed shop; was the only good exchange in Canada.

I don't need a $ exchange anymore... viva mining.

Not shocking, not caring.