Please note that there is also a buffer for the amount of confirmations required before your shares are paid out. Also note that every 20 blocks there is a community grant to the elected officers. Orphan blocks also destroy the pool's payout rate.

The calculator is not necessarily correct. Hopefully this can be improved to show more accurate results.

I am GPU mining using my new R9 280x (20hpm) and yes, It does make about 27MMC per day, despite the huge change in difficulty decreasing my expected reward by about 30-40% with its variations.

Memorycoin 2.0 is the best!

Did you know that the block database synchronizes nearly instantly upon startup?

My summary of Memorycoin 2.0:

Memorycoin 2.0 can be mined effectively by anyone with a PC and was designed to convert electricity into cash.
The block reward reduces by 80% in just ONE YEAR in small decrements of 5% per week.

You typically use a CPU with AES-NI to mine Memorycoins.
GPU mining only offers a maximum 300% advantage to CPUs.

GPU mining is in a developmental process and render ASICs almost impossible with Freetrade's superlative Algorithm!

You should be aware that your GPU is extremely unreliable in creating shares and you should figure out your rejection rate. I believe 10H/m is the standard for each 270x card.

Just make sure you're not using the GPU while it is mining.



Woo! This should encourage more investors.

<3

Thanks for this information. I didn't seem to notice about the comparisons between Memorycoin's and Bitcoin's/Litecoin's GPU advantages.

Now if you can make GPUs possibly 50% slower in the next coin. ( )

The difficulty is cyclical.

profit.

I suggested they release the source for solo miner farms but only one pool is available. I'm getting all rejects with my GPU anyway.

Buy a card to pay it off in about 1.5 months ^.^ Buy a cpu to pay for its electricity costs

I fixed the numbers so they make more sense...

Once GPU miners are done with MMC, profitability will be 9.6% of capital costs for CPU's.

Last night I calculated GPU R9 280x profitability to be 150% per month of costs. Now it is currently 136.5%. At this rate, I expect profitability to drop even lower for all MMC miners.

136.5% profit = $573 for $420 invested in the current month, all things remaining the same.

The market will find equilibrium at around 45% GPU profitability compared to if you had invested to mine litecoins (scrypt).

When MMC finds equilibrium with the coin market:
$420 GPU hardware costs should vary profits at $189 per month.
-$420 in CPU hardware costs accordingly should only profit miners at $40 per month (just around or below electricity costs)

Most importantly, CPU miners that actually do invest in new CPU's should find profitability drop to only 9.6% of hardware costs over a longer period of time.

Let's see how the coin plays out. Costs for GPU hardware are higher so for the marginalized, the difficulty should rise with smaller momentum at this level.
--fixed some #'s

I was talking about the unit rate for watts consumed per h/m generated.

Laptops consume exceptionally less power and shouldn't really be used for computing because they are designed for mobility. They also have a substantially low mining rate.

The supply drops over time. The price will find a way to go up. I believe the MMC market has already priced in GPU mining.

You can still understand that the power consumption is inefficient vs. GPU.

$100 per H/m is a bargain for CPU mining.
$20 per H/m is for GPU mining.
It is also 5X more efficient than CPU mining with the same capital cost.

GPU mining is 4 or more times more energy efficient than CPU mining.



Now the fact that you think the market will pull through:
Lower electricity costs pull down MMC/$.
The advance of technology will morph GPU efficiency and will become more efficient (Power Wise)
--This will be enough incentive to capitalize by buying GPU cards and mine at a cheaper electricity cost.

Selling your MMC at a discounted rate due to the lower rate of electricity required to generate it will eventually find a way to cut off CPU mining.

This is just my opinion for the matter.

Freetrade,

With these numbers, I believe that Memorycoin 2.0 is NOT GPU resistant.

The R280x GPU can mine 22 HPM with a price at around $420.
That is around $20 per H/m. That is way too profitable for GPUs as opposed to CPUs.

The H/m equipment cost should be around $150 per H/m for CPU miners.
This is a big problem and I hope that you can correct this matter, either by forking MMC by using a new, more GPU resistant algorithm when starting Memorycoin 3.0.

Great websites! Let's get this on the memorycoin homepage.

Just sold my MMC (~1600) on BTER to BTC and hit the bitcoin casino.

Sold my Bitcoins for ~$1k on coinbase



<3 early adoption.

Around 13 weeks until block reward is halved -- 140 MMC Block Reward. (week of March 23rd, 2014)

Around 27 weeks until block reward is fourthed -- 70 MMC Block Reward (Week of June 22nd, 2014)

These blocks are such a steal for a reward every 6 minutes and are extremely decent for steady circulation.

I could expect difficulty to go up with a pool and a decrease in cloud mining as difficulty increases and block reward goes down.

Debian Linux Server/Cloud Miner Script

This is a Daemon Helper script that makes managing your MMC miner seamless.

Use and test at your own risk.

I have been relentlessly working on this for a couple of days now + running it on my servers.

I've seen performance increases of 10-40% on most of my servers just by running this script.
Also, repairs and reinstallations are effortless.

Features:

• Completely easy Installation
• Easily Restart your Daemon
• Easily clear Block DB
• Rebuild from scratch for new versions or to start fresh
• Get Daemon Information
• Print Last debug lines
• Watch Debug Information (checks if daemon is doing something)
• Watch Daemon Statistics (fine tuned without daemon performance degradation)
• Auto Restart Capability on crash (WIP)

Feel free to browse the code and make new suggestions.

PLEASE TIP
MBCtHCXoKthgjdau4zpny9nCyNcJ4jTBG8

The blocks do not match up. Do it my way


Oh sorry, I thought you had Blocks per day,  (not every)

That's correct

Fix this because if H/m goes down, blocks per day go up.