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Next stop Equihash ! Neoscrypt shitcoin are safe for now. I wonder why so many shitcoins use Neoscrypt. Some coins are good though.
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Are you talking about this asicminermarket.com ? Some say it is a scam site. I am not sure though.
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I think that the ETH team will try to close the e3 mining. I will not panic, I will continue to gather at the Nvidia rig.
Which part of "ETH devs have already ruled out a fork due to the E3" did you not see? Like those of the rest of us that have ALSO crunched the numbers, they realize the E3 is not a significant short-term threat to GPU mining and probably won't have a major impact on ETH profitability by the time ETH goes full Proof of Stake. There are a few "big cap" coins left that do not have an ASIC available yet are mineable - Zcash is probably the biggest-cap such coin at this point - but even with no ASIC those coins are going to take a serious profitability hit when ETH mining goes "poof, we're full POS now" and the ballpark 75-80% of all GPUs currently doing cryptocoin mining that are now on ETH are forced to look for something else to do. What do you think of ETC mining ? |
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I want to love this coin as it looks very legit but that doesn't mean it will be successful. The start for this coin was very rough and still it is not generating people's interest. Nobody looks interested in this coin as is evident by the number of replies to this post and the low volume and price of the coin.
The thing is even if is legit, it doesn't bring anything new to the table. No new algo or new concept. The dev lacks experience with do first think later strategy. Just my observation. I will still keep following this coin.
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X16r NOT stable on Hive OS as reported by multiple users. I can run upto 8 gpus stably that too at very low hash rate. More then 12 gpus ccminer mines for sometime and then crashes says "waiting for cooldown".
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At this cost the e3 must be using cheaper slower memory. Which means bitmain is using the newer faster vram on the f3. Id wait, maybe halong have something in development for ethash.
Kidding? The coin communities are starting to hate bitmain. I'd expect most coins to continually switch up algos. the world is starting to hate the communist party occupying china... F*ck Kommunist !  (Cold war flashbacks) |
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Nothing wrong with asics at all. It's just when one company owns 95 percent of asics. Making 4 billion a year. Dumping asics on the market like dash making zero profits for asic buyers, giving their "friends early access to asics".
Bitmain been eating stakes, lobsters, coke and hookers every night. Leaving everyone else with little crumbs. Enough is enough.
You guys had the chance to fork Sia to teach bitmain a lesson. But you all refused. Let this be your punishment.
Yet literally 2 companies own 100% of the GPU market, with 1 of those companies owning 70% of the market share........ What is your point? Gpus are the most affordable super computer and most widely available in the the world unlike asics. Even in a 3rd world small country you can buy gpu from a retail shop but getting your hands on an asic is not easy for everyone. So this truly adds to decentralisation. |
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at this point should see how much electricity bills will be paid and how many coins will be obtained then converted to BTC. any coins will be mined if the price of coins is higher (after converting to BTC) than Electric billing then the coins are worth to be mined. Personally, I am still mining in ETH for the above reasons. (one of my RIG : 6x RX 580 8 GB)
What are your hashrates with that rig. My 12*1050ti rig gives 189Mh/s stable. Each card hash rate is 29 Mh/s stable, sometimes is 30 Mh/s (+ Mod). Let's said 29 MH/s, so 174 MH/s in ETH. mate, why your RIG mine in ETH, kind of like that's good in Equihash. At current rate ETH is still more profitable then equihash. I think equihash mining is overrated. Difficulty is very high now, it was very profitable last year. But looking at decreasing rate and E3 asic, i will switch to different coin now. Also I have heard people getting 31-33 MH/s on your card, maybe you should tweek it even more. Do you use claymore or ethminer ? I'm using the PhoenixMiner for a long time and imo, ofc, that's by far the best miner atm. My stale shares, that are reported by the pool are between 0 - 5 and my 5 card rig RX580SN+ SE are hashing at 1140/2198 cvdcc and mvdcc 868 740W from the wall with 31,5mh/s, while the cards are kinda hot - 45-50Celsius. At the moment I am only farming ETH, just because the network hashrate dropped a bit and on monthly basis I get a bit more of ETH, which in the long run I think would be the most profitable. Can you share your results on the ethminer, btw? You got me curious about that one! Here https://prnt.sc/j1v8tt on Hive OS. Stale shares 2-7 but avg 3 or 4. No dev fee ! |
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Who the hell bumped this thread. Look at the date !!!
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at this point should see how much electricity bills will be paid and how many coins will be obtained then converted to BTC. any coins will be mined if the price of coins is higher (after converting to BTC) than Electric billing then the coins are worth to be mined. Personally, I am still mining in ETH for the above reasons. (one of my RIG : 6x RX 580 8 GB)
What are your hashrates with that rig. My 12*1050ti rig gives 189Mh/s stable. Each card hash rate is 29 Mh/s stable, sometimes is 30 Mh/s (+ Mod). Let's said 29 MH/s, so 174 MH/s in ETH. mate, why your RIG mine in ETH, kind of like that's good in Equihash. At current rate ETH is still more profitable then equihash. I think equihash mining is overrated. Difficulty is very high now, it was very profitable last year. But looking at decreasing rate and E3 asic, i will switch to different coin now. Also I have heard people getting 31-33 MH/s on your card, maybe you should tweek it even more. Do you use claymore or ethminer ? |
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snip
Basically, this is how pooled mining works: 1. The pool will take all of their miner's hashes,2. Trying to solve block transactions,3. Capturing how much each miner contribute when trying to solving a block,And finally, when this pool was solving a block.4. The pool will pay their miner proportionally. Depends on how much contribution from each miner.You can do solo mining with pointing your rig to Music coin wallet nor build your own private pool. But with Network Hashrate 853.15 Gh/s (at this moment), you have a bit chance of solving blocks. How do you point you rig to your wallet ? (Btw i use hive os) I want to solo mine some small coin. It so simple, just install QT Wallet (related to coin you are using), then setting up a coin config (am talking about Windows), since you are using Hive OS you can do something like this: GuideGood Luck, Buddy! What the difference between pointing my rig to wallet and building my own pool. Which is better ? |
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I am mining Musicoin at Nomnom mining pool but within 4 days I have found 4 blocks with 110 Mhs hash power which this pool pays 300 coins for a block. In total mining in this pool so far I have done is 877 coins.
How can I do solo mining for Musicoin if this is possible? It appears this pool haven't paid me the blocks found by me but rather shared them with other people or I am missing something here. Couldn't find more information in the nomnom website that is why I am asking here.
Basically, this is how pooled mining works: 1. The pool will take all of their miner's hashes,2. Trying to solve block transactions,3. Capturing how much each miner contribute when trying to solving a block,And finally, when this pool was solving a block.4. The pool will pay their miner proportionally. Depends on how much contribution from each miner.You can do solo mining with pointing your rig to Music coin wallet nor build your own private pool. But with Network Hashrate 853.15 Gh/s (at this moment), you have a bit chance of solving blocks. How do you point you rig to your wallet ? (Btw i use hive os) I want to solo mine some small coin. |
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at this point should see how much electricity bills will be paid and how many coins will be obtained then converted to BTC. any coins will be mined if the price of coins is higher (after converting to BTC) than Electric billing then the coins are worth to be mined. Personally, I am still mining in ETH for the above reasons. (one of my RIG : 6x RX 580 8 GB)
What are your hashrates with that rig. My 12*1050ti rig gives 189Mh/s stable. |
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1. You can run several wallets on a RPi. It's depending on how RAM consuming the wallets are. You can also use an old desktop machine for this purpose but check the power consumption. Every kWh consumed because of old/inefficient hardware is a loss.
2. It's depending on how powerfull your machine is and how many wallets you want to run.
3. Any that is supported by the wallet(s). You have to be comfortable with it (e.g. compiling in linux is not that easy for me). If you are comfortable with windows 7/10, use it! Almost every coin offers a wallet version for windows.
4. There is no need for several fixed IPs you need one only. Even with 1 IP you can run several masternodes of the same coin (you have to use different ports).
Thanks a lot for the answer. One last question please : If I buy a VPN, I won't have to worry about masternodes bandwidth right ? (I don't know much about VPNs) as some say that masternodes will consume 100-500gb per month which is lot more for me. Does internet speed matters or is it like mining a rig(runs good on low speed but stable connection). |
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If Reserve Bank of India actually develops a crypto, I think that will be a very good news for cryptocurrencies as a whole. They have access to best minds in the world and enough funds. Maybe they can solve the current limitations and problems of cryptocurrencies.
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Hello guys. I have some question about masternodes HW/SW requirements. Please help me out.
1. What hardware is recommend for running multiple masternodes. Some say that you can even run it on raspberry pi. Is that recommended ?
I was thinking of turning my old desktop into a cryptocurrency wallet and masternode machine.
2. Can you use that machine for doing something else too or do we just dedicate it completely for masternodes. Do you remove the monitor like in mining
rig ?
3. Which OS is recommended
4. I see that you need a different IP for each masternode which could cost me $5/month per IP with vps. So is there any other option (free?).
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Hi,
There are multiple reasons:
- The whole market is/was bleeding so mining is not profitable right now
- There [are?] will be ASIC-miners for ETHASH which are more efficient than GPUs*
- GPU-Mining ETH will die anyway as ETH will switch to POS
However I don't think GPU-mining will die - there are enough other algos (even other Ethash-Coins) - for now it depends on the price-development of the whole market.
* According to the sources I could find it seems this ASICs wouldn't completely kill GPU-mining as the hashrates aren't ridiculously high.
It will not kill but it will hurt A LOT. It doesn't matter if they have low hash rate as they have low price too. The biggest advantage will be its scalability for large farms. Maybe Bitmain was just testing the waters with E3. Maybe they have real asic for ethash like the rumored F3. |
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It's all about price.. BTC Miners are losing money until btc's price up to 10k$...
I'm a gpu miner of Minexcoin and difficulty increased by 10 times last 30 days. Still it's better than ethereum mining.
Anyway, this job is still profitable but it wants labor and time and the profit is not enough for my labor. So I'm thinking about selling my cards...
You are right it does requires physical and mental labor. |
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