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541  Alternate cryptocurrencies / Mining (Altcoins) / Re: Getting a loan to build mining rigs? on: January 27, 2014, 03:37:45 PM
I have took about 1900$ loan to build 2MH rig in the end of november 2013 and guess what... doge has paid-off my investment and let me buy more hardware to expand hashrate  Cheesy I have tried many new altcoins, some of them give nice pay-outs when hit exchanges, some of them aren't worth a shit now. Now I'm mining on one of the multipools with auto-exchange (this way now  I would get ROI after ~5 months) as I felt a bit tired with catching almost every new altcoins, but it gave me very nice profit after all.

Dont take loan if you haven't available funds to eventually pay off debt, otherwise you would be under constant psychical pressure of current mining profitability. I treat mining as a game - a bit serious, but it's fun Smiley
542  Alternate cryptocurrencies / Mining (Altcoins) / Closed-case rig building - is that possible? on: January 26, 2014, 09:38:54 AM
Hello.

I plan to add more GPUs into my rig. The problem is, that over 4 cards will be too loud to operate in open-case rig.
I wonder if there is possible to mount it inside  a cabinet, like this one:



Is it possible to run 5-6 GPU's inside that case, if I make some holes and put fans?
Somebody tried to do something like that?
543  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MOON] Mooncoin: You know where it's headed! WE HAVE LIFTOFF! on: January 20, 2014, 10:56:12 PM
Nice orphanfest on bit34.com  Shocked
544  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent on: January 20, 2014, 07:32:35 PM
Waiting for buy @ 1 satoshi  Grin
545  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][MULTI][VARDIFF] Pool|TradeMyBit - 0.5% Proportional Multi-Port/Profit Swap on: January 19, 2014, 05:54:53 PM
I really like this pool, as it has many coins to switch, auto-exchange, is full transparent and developers seems to be doing their best to improve pool's working.
I have recommend this one to my girlfriend, who has her own 2MH rig Smiley

Reject rate is about 2,5% for me now, so it's acceptable, but could be better. There is one thing which wonders me:



Is auto-switching engine missing some profitability changes? Or it just happens because of rapidly changing  difficulty of some coins?

/edit: Ok, it seems to be some latency here, now the proper coin is beeing mined.
546  Alternate cryptocurrencies / Altcoin Discussion / Re: amd r9 280x mining speed on: January 19, 2014, 05:34:33 PM
I set up an domestic ~30cm fan for my 3* R9280X rig, because there is weak ventillation in the place where it stands. For cost of 0,7 kWh/day i have nice 70-72 C temps Smiley It will become even more important, when I install 4th GPU soon.
547  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][MULTI][VARDIFF] Pool|TradeMyBit - 0.5% Proportional Multi-Port/Profit Swap on: January 19, 2014, 01:15:20 AM
It's mining 5th most profitable coin at the moment.
548  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][KOI] KOIN - Scrypt Coin - 90 second confirmations. on: January 18, 2014, 10:37:30 AM
5,4% premine? No more impressive, try harder  Tongue
549  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOBL]*NOBLECOIN* - FOR NOBLE PROSPERITY on: January 16, 2014, 12:56:41 PM
Hey guys,

The idea of a 'savings account' to soften landing on an exchange and promote some of the larger holders to save (giving us even more time to build value/potential in the meantime) is honestly something we hadn't thought of but are now very intrigued by it. It is moments like this that make us see the true potential value of some of our reserves.

Just some initial points for you guys on how we feel at the moment, but we think with more discussion it is a very good idea.

1) We feel it would be best for a larger exchange (aka Cryptsy) should that ever happen in the future. With larger volume and amount in circulation they are the ones with the potential to affect the price too much? It also gives us time to work on it and iron out any details (we have a lot to do at the moment - but waiting for a larger exchange gives us perhaps at least a month or two?)

2) We would like to keep it simple - fees, taxes, etc. etc. would be a no. Remember, a lot of us are here because crypto lacks a lot of that and allows more freedom/less control and paperwork?

3) It does feel like in some ways we would be manipulating the market - but if it was a community thing and everyone thinks it is a great idea to build the coins core strength, protect it somewhat from market dumps and improve value then we're all ears. This sounds quite 'controlled' and 'centralized' which we don't want to pursue unless there is a lot of positive feedback on it.

4) It could be as simple as having a savings address for each user who wanted to get on board (with the help of an enhanced block explorer we could simply check the addresses and make sure the amounts are saved). Savers create a new address, transfer the amount they want to 'save' and sit it in their wallet. This safely resolves a few potential issues, a) no-one has to hand over any coins to a 3rd party (trust), b) we don't have to micro-manage anything (besides checking the wallets once the saving period is up) (work) and c) holders still retain the power to sell should they so desire at any point, it simple means they are sacrificing their next 'interest' payout (control). We feel like trying to hold on to savings somewhere externally and not allowing miners/holders access to it until a certain point is far too out of the NOBLE character and would be nowhere near as popular with our community.

5) 'Interest' to be received is pre-determined, paid out at specific intervals - perhaps monthly or bi-weekly - and comes out of pre-determined NOBLE reserve addresses. It acts in a way that naturally rewards savers but does not amount to a massive 'interest' payout that then floods the exchange. Interest is only paid out once we have confirmed that nominated addresses have not been used to spend the saved amount.

This is not something that we had even considered, but if we continue to get PM's about the idea then let's get some feedback and discussion going on. I have set up a forum for this topic also here. These are our initial thoughts - so nothing is set in stone or decided.

Thanks for the idea - this could make for some very interesting (and challenging) discussion. Cheers!

That idea would be something new and unique. Also, it would prevent Noble Coin from dumping coins after it reaches exchanges and encourage people to mine, buy and hold coins instead of selling for quick profit. Devs, please consider that Smiley
550  Alternate cryptocurrencies / Announcements (Altcoins) / Re: GOLD BARS Launching 18th January 2014 on: January 15, 2014, 07:41:13 PM
LOL'D BARS
551  Alternate cryptocurrencies / Altcoin Discussion / Re: And the coin that finally got me to sign up here was... on: January 14, 2014, 12:28:43 AM
LTC
552  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WorldWideCoin(WWC):One Innovative Crypto-Currency, beyond POW/POS on: January 13, 2014, 07:44:09 PM
I sent you 500 BTC. Could you please send me back 1 WWC? Thanks

You just set the market price. All aboard the train!
553  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VTC] Vertcoin - Adaptive N-factor in Scrypt - No more ASICs on: January 11, 2014, 10:42:30 AM
what is proper number of thread I shoud use with i5-2500?
554  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN] profit switching auto-exchanging pool - middlecoin.com on: January 11, 2014, 01:02:13 AM
Auto-exchange is becoming auto-speculator? If someone intends to sell LTC @200$ just go mine at ordinary pool and hold.
555  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Development on: January 10, 2014, 11:41:33 PM
GPU that you buy now, you can sell for at least 50% in 6 months,
When/if miners arrive, they have limited time to mine in unknown difficulty that may never ROI and you can throw them in the garbage..

You have no idea what you're talking about do you? $7,000 KNC equipment was selling for over a month for $40,000+


It was BTC case, we look into scrypt-coins now. Can you definitely predict the future? Also, any used SHA256 Asic miner isn't worth it's price now.
Of course, there are still some nuubs that gonna buy stuff that will never paid off...

Nobody can predict the future, so why are folks predicting it by saying scrypt asic is worthless because of possible difficulty increases??? If anything that IS the reason to get into scrypt asic.. the electrical bill will kill your GPU eventually.

The difficulty scenarios are different in scrypt than sha, mainly because of power AND supply/demand. Most any engineer can come up with sha256 Asic, they have been popping up everywhere. Scrypt is different, which is one reason why GPU's have held the market so long: They're already designed and made in bulk and readily attainable. IF difficulty were to rise significantly, it would be because of increased GPU mining right now, which would deplete the quarterly shipment of available GPUs.

It's far more self regulating than sha.

Not only difficulty issues can endanger mining business, there are many variables such BTC price, law restrictions, new algorithms propagation etc.
Of course it's everyone's own decision. Mine is to wait for GDDR6 GPU's and see.
556  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BTC][SCRYPT] Bitcoin 1/18/2014 on: January 10, 2014, 10:17:47 PM
Ok, gonna mine few thousands and withdraw them directly to btc-e!
557  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] |LANDING - 10PM GMT 11th JAN - | ★★ ALIENCOIN ★★ | [ALN] | Scrypt √ | on: January 10, 2014, 10:11:30 PM


  Coin information:

Aliencoin,
This new “Alt-Coin” is here to help promote the digital age of crypto currency. We will strive as a team to make Aliencoin a future part of digital payments, which can be easily recognised by space pilots and extraterrestial retailers.


I just give your coin some purposes.
558  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Development on: January 10, 2014, 09:42:14 PM
GPU that you buy now, you can sell for at least 50% in 6 months,
When/if miners arrive, they have limited time to mine in unknown difficulty that may never ROI and you can throw them in the garbage..

You have no idea what you're talking about do you? $7,000 KNC equipment was selling for over a month for $40,000+


It was BTC case, we look into scrypt-coins now. Can you definitely predict the future? Also, any used SHA256 Asic miner isn't worth it's price now.
Of course, there are still some nuubs that gonna buy stuff that will never paid off...
559  Alternate cryptocurrencies / Altcoin Discussion / Re: DOGE on the climb and suddenly removed from Cryptsy? on: January 10, 2014, 09:36:45 PM
Today I got the following response regarding LK7 that is suddenly disappears and then also suddenly appears back:
Quote
Hello Serge,

LK7 is undergoing maintenance right now. The system delisted it automatically if there is any sign of a reversal. Will be back soon if everything is OK. Thanks for your patience it will be back soon.

pr9me
Cryptsy Agent
Tradekey: 33ffde7e37a6cebc349ca3e26afd1ab13a3f44b7
CryptoNerd.co ★ Crypto News & Stuff...
Need BTC? Try Coinbase with my referral to save!

So I believe this is the one of new great "features" Vernon announced in his latest tweets:

Quote
BigVern @cryptsy
Working hard so @cryptsy users will have lot to smile about in 2014: stay tuned & keep suggestions/feedback coming #features #upgrades
CollapseReplyRetweetFavorite· 9 RETWEETS  12 FAVORITES
22h
 BigVern @cryptsy
happy new year everyone.  number of backend improvements implemented over last ten days.  More in the works.

So, smile, folks, smile!

It would be nice if auto-announcements  are posted when that happens.
560  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][Exchange] Latest Cryptsy Additions, News and announcements. on: January 10, 2014, 09:12:13 PM
Why did DOGE was removed from list?

BUMP!
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