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Genesis Mining (the biggest mistake I've ever made when it comes to cryptos) has again stopped paying out and keeping all the profits without giving their users their share.
I have contacted my local authorities and have filed a report. The investigation is ongoing, but they are asking for as many people as possible to come forward providing details of Genesis Mining scam.
If you have been affected PLEASE report this ASAP as we need to get as much attention on this topic to stop this SCAM!!!!!
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Looking at Whattomine XMR still 2nd most profitable coin to mine for you AMD owner and more profitable then ETH. As for NV owner XMR is a big no no.
If you think whattomine is even close to accurate, "I have a bridge I'd like to sell to you"  .....you might want to check out the threads on it... |
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Hello Guys, I am newbie of mining at first I try to fix this problem via google but no luck. So I ask you guys for idea to solve my problem. I am mining Ethereum everything works fine when my rig has 8 Nvidia and 3 AMD GPU. Unfortunately when I attached one more AMD card and start Claymore then windows freezes within 10 seconds. So I try to reduce scope of problem I found that when I start Claymore with 4 AMD GPU plus 1 Nvidia GPU windows will freezes. Here is what I try and It works fine: - Test one by one of VGA Card and Riser. - Test any group of 3 AMD plus 1 Nvidia. (Just like AMD card number 012 + Nvidia card number 1, AMD card number 023 + Nvidia card number 1 .... bla bla bla) Here is what I try but no luck: - Reinstall windows, driver and user latest version of Claymore - Change PSU to dual 1000Watt + 1300Watt If you guys has any idea to investigate this problem, I would appreciate it.  Here is log file before Claymore freezes 08:33:41:694 1d60 ETH: 1 pool is specified
08:33:41:694 1d60 Main Ethereum pool is asia1.ethermine.org:4444
08:33:41:694 1d60 SC: 1 pool is specified
08:33:41:710 1d60 Main Siacoin pool is asia.siamining.com:7777
08:33:43:198 1d60 OpenCL platform: AMD Accelerated Parallel Processing
08:33:43:198 1d60 OpenCL platform: NVIDIA CUDA
08:33:43:229 1d60 OpenCL initializing...
08:33:43:229 1d60 AMD Cards available: 4
08:33:43:229 1d60 GPU #0: Baffin, 4096 MB available, 16 compute units
08:33:43:229 1d60 GPU #0 recognized as Radeon RX 460/560
08:33:43:229 1d60 GPU #1: Tonga, 4096 MB available, 32 compute units
08:33:43:229 1d60 GPU #1 recognized as Radeon 380X
08:33:43:245 1d60 GPU #2: Baffin, 4096 MB available, 16 compute units
08:33:43:245 1d60 GPU #2 recognized as Radeon RX 460/560
08:33:43:245 1d60 GPU #3: Baffin, 4096 MB available, 16 compute units
08:33:43:245 1d60 GPU #3 recognized as Radeon RX 460/560
08:33:43:245 1d60 POOL/SOLO version
08:33:43:260 1d60 b415
08:33:43:260 1d60 Platform: Windows
08:33:43:307 1d60 start building OpenCL program for GPU 0...
08:33:43:760 1d60 done
08:33:43:995 1d60 start building OpenCL program for GPU 1...
08:33:44:198 1d60 done
08:33:44:433 1d60 start building OpenCL program for GPU 2...
08:33:44:683 1d60 done
08:33:44:913 1d60 start building OpenCL program for GPU 3...
08:33:45:164 1d60 done
08:33:45:420 1d60 GPU #0: algorithm ASM
08:33:45:420 1d60 GPU #1: algorithm ASM
08:33:45:451 1d60 GPU #2: algorithm ASM
08:33:45:467 1d60 GPU #3: algorithm ASM Try starting them in separate instances....one for all AMDs, and one for Nvidia. That should do it |
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You can always switch to another Altcoin though, if one turns out unprofitable, find some less-known coin that seems just a tad promising, UBIQ, ZenCash and many others out there. Had tried Monero with my hardware and Minergate, wasn't making much. The minergate miner could be at fault though, didn't try another one.
True,if you found out that it is not profitable anymore on mining Monero then switch into other coin since there are lots of selections out there to be mined.Its not surprising for sudden mining difficulty jump considering that there are lots of people who do mine monero and also this thing isnt just happening on monero alone but most all altcoins in the market which is mineable either on cpu or gpu. Looking at other coins right now.....check this out..... Monero's diffculty level in June was at ~ 8,572,784,898, we already hit ~ 29,622,754,812 !!!!!.....the difficulty level has gone up 3 times over this summer alone!!.....(rendering most rigs practically useless unless you get free electricity) Meaning, it's gone 3 times higher in the last months than it ever had since the first monero coin was mined years ago....it's craaaaaaazy  ...... I'm very happy for the Monero team though, congrats guys!! You've made a great coin and now you can simply enjoy the fruits of your labor!!! ........(......and not mess up with the forks  ) |
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they forgetting something that miners will ride when they see
price jumped up and difficulty will increase so I think its a risk to take for those who wants to continue mining monero.
Totally agree carlisle1, it's indeed time to ride away from this Monero GPU power black hole.....which gives -practically- nothing in return..... there's a lots of coins out there or we can simply go back with eth and give ourselves a try maybe its much worthy than monero or some other coins that will bring much better results, this forum have a lots of information so better to maximize and learn from the pro. ETH as such dunno, but an ETH-like coin could be an option |
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Where's the big difference when both price and difficulty increase?
If they both increase by the same amount, nothing...but this was not the case with Monero....with the initial pop, it favored your point, but now the value dropped, and the difficulty keeps on getting higher... |
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Not too much forward thinking in this thread. You aren't mining for the price of Monero now, you are mining for the price of Monero later. Mine, Hold, repeat. Long-term hold.
That is fishbowl thinking ....there's a ton of coins out there that are will rise just as much, if not more than Monero, and their difficulty level is but a fraction.... Anyone sticking with Monero versus an up and coming coin is only doing a great service to the Monero community by sacrificing their GPUs for the crumbs that fall off the table.....when you could be eating steak with a newer coin you could just buy the coin instead of mining it, right? HI blucg, yup, agree with you totally...it would be better to buy coins at some point rather than mine them....don't know if Monero just hit that point, but from the mining point of view....not worth it....there are so many coins out there that give you a much better mid and long term mining return.... whatever hardware you have now, you just saw the MOST you would ever make with Monero last month...this degree of difficulty is not for 3 - 5 (full) running 580 rigs for example....that would be a drop in the ocean with Monero's difficulty level and amount of miners right now.... I really liked this coin....but....when they grow up..... |
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Hey, nobody knows about the consumption?
I don't have any clear numbers right now outside of the fact that is well below 100...I'll be looking at it in the coming days and post some info when I have it |
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MONERO: 459 h/s claymore cryptonote miner 9.7 beta
That seems VERY high!!! I have the same card mining XMR with exactly the same Claymore...and I don't get more than 330 h/s.... Is this modded? Overclocked? Both Those are some great results on the 560 man!!! Can you share your specs? For testing purposes, I actually hit 471 stable, with 1300 core, 2240 memory...few hours, since I don't mine monero From log: "17:58:11:957 bf0 GPU 1: HashCnt = 512, time = 1086 ms, hashrate = 471 h/s 17:58:11:967 bf0 Round 17:58:13:074 28a8 GPU 1: HashCnt = 512, time = 1087 ms, hashrate = 471 h/s 17:58:13:087 28a8 Round" OK looks interesting... How much did you overclock these by? What mod specs did you use to mod these cards? |
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they forgetting something that miners will ride when they see
price jumped up and difficulty will increase so I think its a risk to take for those who wants to continue mining monero.
Totally agree carlisle1, it's indeed time to ride away from this Monero GPU power black hole.....which gives -practically- nothing in return..... |
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Not too much forward thinking in this thread. You aren't mining for the price of Monero now, you are mining for the price of Monero later. Mine, Hold, repeat. Long-term hold.
That is fishbowl thinking ....there's a ton of coins out there that are will rise just as much, if not more than Monero, and their difficulty level is but a fraction.... Anyone sticking with Monero versus an up and coming coin is only doing a great service to the Monero community by sacrificing their GPUs for the crumbs that fall off the table.....when you could be eating steak with a newer coin |
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If you are trying to jump into the mining business now , then ur ROI is definitely going to me much longer than a year ago [/center]
That's exactly what I mean xxcsu, to mine Monero TODAY is worthless compared to a year ago....or even a month ago..... |
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MONERO: 459 h/s claymore cryptonote miner 9.7 beta
That seems VERY high!!! I have the same card mining XMR with exactly the same Claymore...and I don't get more than 330 h/s.... Is this modded? Overclocked? Both Those are some great results on the 560 man!!! Can you share your specs? |
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You can always switch to another Altcoin though, if one turns out unprofitable, find some less-known coin that seems just a tad promising, UBIQ, ZenCash and many others out there.
100% agreed Ultegra134, no point in mining Monero anymore... |
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Monero has a particularity : it is GPU mining and CPU mining copatible.
It's difficulty has ever been very high, probably because a lot of employees all around the world are mining it 24/7 with their office computer.
In the lasts days, Monero price has growing high and a lot of new miners are coming : normal.
Agreed ZenFr, I'm not saying it's not normal or expected this happened...what I am saying is: the result of this happening has made Monero mining completely worthless... as of ~ August 2017....MONERO MINING IS NOT WORTH IT AT ALL  |
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Hello guys , I see a lot of people mining XMR with amazon aws , and I can get amazon aws full region account
Dunno if that is exactly in the ToS...but even if it wasn't....to mine Monero right now is worthless with a GPU PROPER 480/580 AMD rig....what could Amazon possibly offer that would provide that sort of hash power?...and even you could mix and match the specs, you would need to be waaaaaay above what a rig like that can offer for it to be worth your while... If you have any stats, or a bit more info on how they are running this on amazon, and more importantly, are they making any profit? |
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Mining MONERO is a worthless endeavor as of a few weeks ago...the difficulty level has skyrocketed from 17516000000 to ---> 27516000000...it has practically doubled in just a few days!! Meaning, it will take you much longer to find a block and you will get paid less when you do !!!! You are mining for crumbs.... |
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MONERO: 459 h/s claymore cryptonote miner 9.7 beta
That seems VERY high!!! I have the same card mining XMR with exactly the same Claymore...and I don't get more than 330 h/s.... Is this modded? Overclocked? |
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Has anyone tried the Monero Silent Miner? https://xmrminer.net/Scam??? Legit??? How does it stack up to Claymore? |
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