With the ETN fork I was wondering what is the best coin people are mining right now? Whattomine and Coinwarz only show a few coins with max say $12 per day but if you look on Nicehash at the Cryptonight pool it's paying $22 a day for the same hashrate (320khash). That tells me people are mining another cryptonight (old not v7) coin that's more profitable than $22 a day. Unfortunately X3 isn't compatible with Nicehash. I was wondering if anyone had found what that coin or coins were? I've struggled Googling around to find the best one.

im doing 3-4$ / vega depending on if i mine speculative or sell directly...the difference is i can switch my rig on any coin. you will have soon only some shitcoins left

btw dero is planing to fork too next weeks

you can say what you want, but its a fact that coins compatible to asics getting rare. current hashrate splits over the left coins & dont forget that more and more asics join the game day by day. => decreasing profit day by day
i would bet my balls no x3 buyer will get a roi

It took a day after ETN forked, but DERO is now up to ~1400MH/s - much as I predicted - and an X3 went from making $20US/day to $10US/day overnight. Oh, theoretically you can still make $19US/day mining Bitsum, but good luck dumping those coins for anywhere close to what the calculators predict.

And FYI, I don't have a problem with ASICs - I'd actually prefer to use them - but what I do have a problem with are the shady practices of the ASIC manufacturers, who, btw, are conveniently shielded from US law by all being located in China or former Soviet-bloc countries. It is no secret that ASIC miner manufacturers do "extensive pre-release testing" of their products and only deign to sell them to the public either when they have been found out or they've developed an even faster version. I mean, did you not notice that Baikal first released a 20kH/s miner, only to follow it up a few weeks later with a 40kH/s version and, finally, a 240kH/s model? Frankly, it's *you* that should be pissed right now, especially if you paid $12k US for the X3.

To paraphrase South Park, "dey terk yur coinz."

can you give me pool link and how did you link it to antMiner X3

Neither of those are your hashrate, both of those are specific to the pool/network. Your hashrate is below, in the section below where you enter your address and see your payouts and stuff.

Was that rate on the X3 dashboard or the mining pool website?

...

I own stock in Tesla. Overall as a company, I like them, but they spent six months dragging their feet on my project (2 months of which was my fault, granted), until the Oregon state solar initiative, around since the 70s, expired. It would have paid out in tax rebates (note: not deductions) $1500/year for four years. Basically it made it affordable. Tesla wasn't able to complete a simple job, one which I had already paid to alter my roof to meet their requirements, the rebate expired, and now I have no solar panels. So great company, inadequate training/staff...

And ok, if you want to understand this stuff, read through what I wrote and some of what the others did, and try to ignore any attitude coming off them. The only gpu miners that are truly bitter are ones who bought during the huge inflationary point around Dec/Jan, but some do feel encrouched upon as mining becomes more and more a business and less a hobby. ASICs are a stepping stone towards centralization, or at the very least, taking the altcoin market out of the hands of the average person and turning it into an industry only the wealthy can afford to weigh into. It's understandable that there is some backlash as a result of that, but a lot of what they have to say is worthwhile information.

As for your hashrate increase, what pool were you using before and which one are you using now? Are the hashrates you're referring to the numbers in the panel or in the pool? Just curious, as there is zero reason you should see an increase in your own hashrate if nothing has been changed on your end.

As for gpu rigs, let me just say this: at average cost, you can buy 4x1070s and a mobo for the same as one X3. Currently, that isn't worthwhile, but then currently neither is the X3. However, if all your electricity was free, I would personally choose the 1070s, as I know a year from now there will still be coins I can mine with it, whereas we're down to, what? 6 coins the X3 can mine, and none of them are really longterm holders (though if you're cashing out into fiat or bitcoin regularly, that's not particularly relevant I suppose). Both a 4x1070 rig and an X3 will run at about the same electricity consumption rate, the rig probably slightly lower. Fine tuned you can shave probably about 100W off that, making it more efficient. And you can add to it and change algorithms.

The real difference, though, is lifespan. Super simply (as I'm at work), as I said before, the difficulty determines how effective your personal hashrate is and how hard it is to find a block. When a block is found, depending on your pool, that's when you get paid (there are some pools for some coins that pay for work regardless, but most pay for overall share percentage of work in finding that block). The block is worth XX amount of coins, which is split amongst the pool based on that percentage. YOUR hashrate determines how much you are contributing; it s a constant you set, and will vary while mining but ultimately over time evens out (as the pool determines what your hashrate is by how many shares you've contributed, and those vary due to many factors, but most pools are pretty close). In other words, your hashrate is a determinate of your contribution as a set amount, not a percentage of the whole. The global hashrate is how many people are contributing their hashrates to the coin, which in turn has a direct impact on how difficult (i.e., how many shares needed) finding a block becomes. So more miners=slower blocktimes=less income. And even simpler, your hashrate is more of a guideline, your actual shares determine how much and often you get paid.

So yeah, the fork and subsequent machines moving to new coins has dropped what you will earn daily. In terms of coin, that amount will likely decrease in direct correlation (algorithmically, mind, not 1:1) to the increase in global hashrate. In fiat currency (for us, USD), that is also effected by the value of the coin, but basically Bytecoin went from bringing in about $18/day to around $12/day at stock hashrates within five minutes of the ETN fork, and that daily earning will likely drop a bit more then stabilize until the next batch of X3s ships, when it will drop significantly further.

To give an example, my A3 was earning $150/day the day it arrived. Within a day it was down to $60, within a week down to $50ish, then another week or two down to $30ish, where it stayed, slowly dropping, for a while. Then another batch came out and it dropped to $10. Currently, it earns about $3/day which, after the rather large (comparatively speaking anyway) electric cost in running it, it currently loses about $.50/day to run it at $.10/kWh.  THAT's what we're all talking about. If you were buying today, the Z9 is the smartest option, and until the next batch of gpus comes out, a rig isn't all that wise unless you get a deal on a used one, but overall? Historically way more profitable, even with the larger profits ASICs CAN provide, and over time far more usable.

So, all of that in mind, some of the bitterness over the X3 and Z9 (and, to a lesser extent, the E3) is that they are targeting algos that, after SHA256, Scrypt, and X11 were devoured by ASICs, were considered to be not only ASIC proof, but specifically targeted to gpu/cpu miners. In turn, cpu miners have a similar reaction to some coins that went GPU friendly, and many asic owners will likely have issue with FPGA owners once the second wave of fpgas takes over for a bit. Then the next wave of gpus will come out, then the next wave of asics...rinse, repeat. Plus a lot of people on this board (myself NOT included) have a real issue with Bitmain as a company. So there's a lot going on in here, but what you're doing--attacking an entire branch of mining--is just pissing people off, and that's why you're getting the response you're getting. Remember that many fpga, gpu, and cpu miners, as opposed to ASIC miners, are also devs who have sunk a lot of time and money not just into their setups, but also into understanding the coding and tech side of it, and may have even developed their own coins, algos, miners (software, not hardware), etc. and have a lot more knowledge of this stuff than I do after a year of spending, daily, hours researching and maintaining my own rigs, much less someone new. It'd be like someone coming into your office or wherever you work, taking a look around, and assuming they know more than you do. It isn't personal, if you ask instead of angrily state you'll get a far more positive response around here.

Also I have owned around 8 different ASICs of different algos, and the only two I currently run are the X3 and the B3 (and as of tomorrow, the Z9). But I have 18 gpus and I have been running them non-stop for almost a year. Stick around long enough and you'll understand the benefits and drawbacks of both.

No, he's talking about you. You do not understand how global hashrates and earnings work, you do not understand how gpu mining works, and you don't seem to understand profit/loss. And all attempts to discuss it with you are met with snarky attitude and a complete blind eye to all information you are provided. All he was suggesting to me was to not waste my time trying to explain it to you, and I was going to ignore him until you posted that. So, sincerely, I wish you luck, as I also own and run an X3 and I would like it to earn for a while longer. If you would like to understand what we're talking about, though, do some research on profit/loss on the A3.

And if you still believe in the X3 so much? I'll sell you mine for $1200 right now. That's $500 less than Bitmain is selling the next batch for, and I'll even ship it UPS 2day so you'd have it by Saturday (if you live in the US).

Also, sincere props on the solar panels. If Tesla/Solar City didn't have such a shitty managerial staff, I'd have them too.

Your hashrate changing isn't related to what we are talking about. I have no idea how or why your hashrate changed, but it has nothing to do with how profitable or unprofitable a coin is in general (unless you switched to Aeon or something, in which case your hashrate change is super low, it should have doubled AFAIK). YOUR hashrate is about the algo and your hardware's settings (or the pool--if you're overclocked and were previously only earning 270, you weren't on the best pool), not the blockchain. The hashrate we are talking about is the global hashrate, which is a key factor in determining profitability, not each individual hashrate.

The point is that difficulty/reward and market value are what determine profitability (difficulty and block reward determine total coin payout, market value determines the coin itself's worth). Your hashrate determines how much you contribute and are rewarded (directly if in a pps or pplns pool, indirectly if solo mining). Your hashrate does not change based on the global hashrate (a 1.15TH S5 still mines at 1.15TH today, it just earns less than it costs in electricity now, whereas it used to earn a lot).

And your knowledge of GPU mining is also way, way off. My gpu rigs were, dollar for dollar, easily the best investment in mining I've made, and STILL earn in the $15-20/day for me, which is currently more than the X3. Yes, overall the rigs were more expensive, but they've also been running continuously for more than a year and are well past the profit point. With ASICs, unless you bought in the first round, you're lucky to break even (unless you have free electricity or the coin surges).

All of the above said, my second best investment was my L3+, and my cpu mining rigs are actually doing pretty well as well since the monero algo fork. It's all relative.

And you don't need to be so defensive about all this, feel free to ask about things you might not understand, we all learned that way (and MOST of us are friendly around here).

I'm not sure you know how this works? Your hashrate wouldn't change at all, it's your earnings that do as a result of difficulty...

To be fair, I predicted that a bit over 50% of ETN's hashrate would go to DERO once it forked, and around 20% would go to BCN. Using the same 3 hour average of the stats from CryptUnit (https://www.cryptunit.com/?order=price3h) it looks like DERO is running at just over 1000MH/s, so around 500MH/s added; BCN is at 325MH/s, so it nearly doubled - 155MH/s added; KRB only increased to 89MH/s; AEON and BSM are essentially the same; BKC also doubled - now at 4.7MH/s.

This doesn't come anywhere close to 1900MH/s, so it seems there's a lot of hashrate that is missing. I guess some ASIC owners have switched them off while others might have failed to notice that ETN forked (CryptUnit is reporting some 2973MH/s on the ETN network, but it was reporting a similar number this morning and the fork had already gone through).

Basically, any coin a CN ASIC is mining right now will need to moon hard to pay off these boat anchors / door stoppers. That may very well happen with DERO, but both ETN and BCN seem to have relatively poor prospects to me.

Actually he was spot on. 50%+ of the hashrate moved to BCN.

I'll go $150 shipped.

Its true ?
I am confused and dont know good is or bad.
I think now ETN is asic coin and in the future their price will grow, but now i am doubt

LOl i dont wear a mask  , well we will see it play out in the next few days assuming ETN fork does not go south

future topics in "Minning" Section

X3 useless brick - cant even use it as heater... who can help?

Sorry, but Marvell2 is most likely going to be proven right. Ignoring the tiniest of altcoins, those that still run stock CN or CN-Lite and their current network hashrate are:

Electroneum  ETN       1900MH/s
Dero             DERO      500MH/s
ByteCoin       BCN       170MH/s
Aeon            AEON      112MH/s
Karbo            KRB        62MH/s
Bitsum          BSM      16.4MH/s
LeviarCoin     XLC        7.5MH/s
DinastyCoin   DCY        6.5MH/s
Ultranote       XUN        2.7MH/s
BalkanCoin    BKC        2.3MH/s
BitCoal          COAL      1.4MH/s
CrepCoin       CREP       0.1MH/s

If all the hashrate for ETN gets divided among the remaining coins in the same ratio then 56.7% of the 1900MH/s will go to DERO, 19.3% will go to BCN, 12.7% will go to AEON, etc... That's around 1100MH/s going to DERO, which will basically triple its network hashrate and cause profitability to fall by the same ratio; instead of earning ~8.5 DERO per day (worth $22US) that will drop to around 2.8 DERO/day (worth about $7.35US).

Just for comparison, my 1.9kH/s rig used to bring in 6 DERO/day just before ASICs started showing up in force and it cost me all of $775 to build. It currently earns about $2.4US/day mining XMR, or about what the X3 will do on DERO once ETN forks.

Oh, and DERO is going to be forking in a couple of weeks, too, when the Atlantis update rolls out. Good times.

People are writing the same thing 10 times on every page on this thread, "after etn fork bla bla bla doorstoppers"... etn fork is next week, then we mine something else, and same people are will tell us "after the coin xxx forks bla bla bla doorstoppers".