Hashrefinery's Nist5 calculations have gone haywire. AM claims I'm making $200 million a day. Same for X11.
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Hello everyone! I have been mining with CPUs nowadays, I was thinking to get antminer. But idk which one should I get.
What coin or algorithm do you want to mine? That will decide which antminer you should get. If you want to mine scrypt coins like Litecoin, then get the L3+. If you want to mine X11 coins like Dash, then get the D3. If you want to mine SHA-256 coins like bitcoin, then get the S9.
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It really just depends on your tolerance for transaction fees. So if your payout threshold is 1 coin, and the transaction fee is 0.01 coins, then you will lose 1%. Since your threshold is 4 coins, you would only lose 0.25%. Mining pools usually take more than that, usually 1-2%, and if you use EWBF to mine that Zencash, then you are losing another 2% as the dev-fee.
Since you are just keeping the Zencash, then the 3-4% you are losing to just mine with a miner and a pool is more significant than the 0.25% you are losing in the transaction fee. In my opinion, you are doing it right.
If you are profit-switching, this transaction fee becomes more important to consider. You have to get the mined coins to the exchange as fast as possible to try and still catch the wave of the higher price of the coin you are mining. This means you have to have a higher tolerance for a higher transaction fee. I wouldn't go as high as 10%, but 1-5% seems about right, depending on how fast your hashrate can generate enough coin to meet the minimum threshold.
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Why do you want to mine? You could just as easily buy Eth and Monero with that 10K. You might make some profit over time, or not. What are your plans for the coins?
If you buy hardware to mine Eth and Monero, you need to be in it for the long haul. If you've never mined before, then you should start smaller, and gain some knowledge before sinking a lot of money into rigs, and then dealing with the stress of "ROI" (incorrect term, but that's the accepted colloquialism around here), and having to pay electric bills. You will also need to think about plans for upgrades, or exit.
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If you haven't noticed yet, DNR signature payments have been sent out with 40 DNR bonus from my own funds [1 week extra payments] Thanks iluvbitcoins. There are a lot of lurkers on this thread. You should all come join us and join the signature campaign. With the nice rise in DNR trade rates it's a great way to earn some DNR for doing something you already love to do... post on Bitcointalk. https://bitcointalk.org/index.php?topic=1991286.0
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Did you run the ATI patcher that fixes error 43 when you have bios modded cards?
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Copy the storage drivers from the CD that came with your motherboard, or download them from the manufacturer's web page. Put them on the USB stick that has your Windows installer. Then when you get to the point where it's looking for a hard drive, click the Load Driver button and navigate to the folder where you put the drivers on the USB stick. After it loads the drivers, you should be able to proceed.
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Are you looking for hosting space? Like a data center that will accept your rigs?
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What kind of GPUs? How many? What mobo, what PSU? You have to give us some more details to go on here. I've found that some systems you have to install the GPUS one at a time to get them all recognized.
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Why do you have 48 atom boards in the first place?
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Is it still worth it to GPU mine?
What else would you mine it with? There are no ASICs for Equihash, and CPUs can't hang with GPUs. If you are mining Zencash just to dump it... you are doing it wrong... especially for this coin.
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Anyone have any information or an analysis on how the price of BTC affects low cap coins like DNR? When you look at charts like the ones at Coinmarketcap.com, they show both DNR/BTC and DNR/USD, and with the value of BTC rising, it would seem there would be a bigger divergence of the DNR/BTC and DNR/USD rate, but they stay relatively parallel.
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hi folks - wondering about awesome miner. How legit is it? Any possibility there is a trojan snarfing data, or that it is "taking" cycles away for mining to its account?
Awesome Miner is not a mining program. It controls and monitors many of the well known existing mining programs like ccminer, claymore's, EWBF, and more... and if you don't like the miners that come built in, you can add your own. It's meant to make complex relationships between pools, miners, rigs, and even profit switching... easier with a GUI. So, no... there's no trojans, nor does it take dev fees or cycles away from you.
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I thought you were looking for Dash? Why would you buy a miner that mines Dash if you wanted to mine Bitcoin?
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If you are going to start mining, you have to be nimble. The landscape changes quickly around here. Eth was king for a while, then lots of small-cap coins for a while, then Monero, now it seems Bitcoin Cash and Bitcoin Gold are the "it" thing.
You have to be prepared to go for the long haul. There is no easy money, nor quick paybacks. Diversify your mining efforts into several different promising coins and hope you get lucky. Otherwsie, you will be scrapping by making a few dollars a day after expenses.
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Hi All,
I'm a pretty new miner and have been making some decent income from it. I tried trading recently because I thought that that was the natural thing to get into after mining. I was wrong. I don't have the patience or the grit to trade.
I was wondering: Have you tried trading only to realize you should stick with mining? How much did it cost you before you realized you're not meant to be a trader?
Luckily, not much. I don't have time to watch charts all day, so mining is a great (mostly) passive way to be a part of this circus. I've always been curious about trading bots, but I'm skeptical at the same time.
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I prefer anonymous pools -- suprnova and coinotron are anything but that.
Also, since suprnova is fast becoming the BTG honeypot now -- it will be under the bad guys radar for sure.
This is the beginning of another "dwarfpool"...
Citronick, could you explain ? including the dwarfpool thing ? Suprnova is a getting a lion share of BTG hash at the moment -- so its a risk towards centralization. Same thing happened to Dwarfpool during the ETH boom when they had more than 50% of total hash. As of last night, I switched to NH Cryptonite for all the AMD rigs, and NH Equihash for all the NVIDIA rigs. Its just too frustrating to see the state of BTG and ETN pools currently - epic fails - wasted a day of hash power. I miss good pools like ethpool... Btw, as of this morning, my group finally came their senses and agreed to bailout from the X10 project and use those funds to beef up the Cryptonite and Equihash farm - therefore we will be investing in Vegas and 1070tis for 2018 expansion. I want to be like you when I grow up.
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Does anyone have any good ideas on how to get people to acquire and hold DNR?
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Can someone try to Display a chart under Tools \ Performance History and post whether it works or not. Export to CSV does work, but not charts (for me). Mine has not worked for the last two versions. Not sure when it stopped working for me.
Thanks!
Doesn't seem to work for me either. I can't export to CSV either.
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