@bartjeyayo
Where did you find XSH ? It's not listed on whatomine so it's like they are missing interesting coins. Where can you trade it? Before mining a coin I always check if I can swap it against another coin or currency afterwards otherwise you're stuck with a virtual currency you can't use anywhere.

@all
what site do you use outside whatomine to find interesting coins?

I think nobody has a clue, it's a question of believing in something. I mined ETN too (not much as you), but also PIRL, MONA, ZCL. They are not so small but value has increased a lot already and might still be some potential.

why do you put all your eggs in the same bag? There are plenty of coins to mine and nobody knows which one is the next big thing. You might be luck or...not.

Not everybody will agree but I will:)
I have a rig with only gtx 1060 (see signature) and currently, the most profitable coin is ZCL. I make around 30$/day, it even went up to 75$ in one day a couple of days ago. If you mine you'll have to mine different coin and check for opportunities.

Thanks, I'll check that out, never heard of it before!

Any idea for buying ETH? Transfer fees should be more acceptable there.

just to add, I have created accounts from the following sites:
- coinbase (possibility to buy from bank transfer + cc but inaccurate rates)
- bittrex (no possibility to buy from bank transfer or CC)
- bitstamp (account verification is pending, huge backlog)
- cryptopia (nice but couldn't transfer money there)
- changelly (CC possible but commission too high)

Hello all,

I've been mining for a couple of month now but I'd like to start trading too. I've been looking around at the different platform and got surprised by the fees most of them apply when you want to buy BTC or ETH.
What I'd like to do is to buy BTC or ETH (or anything like this) to feed a trading account. So the only reason why I would buy those currencies is to feed a trading wallet and not keeping them.

Example right now:

coinbase
1 ETH = 639€ while the real value of ETH at the time of writing is 568€, that's more a difference of more than 10%!
Add to this that you need to pay a commission to buy ETH with a credit card (slightly below 4%)
Even the worst classic banks I'm using do not charge that kind of amount to buy a currency or shares.

changelly
Seemed to be promising and easy to use but looking at the cost, same conclusion as coinbase.
BTC has a value right now of 10670€ so if I buy for 106.7€ I should get 0.01 BTC but I get 0.0094. That's a hidden commission of +/- 6€

And it gets even worse when you have to transfer BTC to another wallet. Transfer fees are huge. I paid almost 25€ for a transfer of around 220€ with Coinbase.

Ok, I'm learning my lessons here but I have some questions...

1. Should I buy ETH instead of BTC to avoid paying such transfer fees?
2. Do you know a reliable site where I can buy ETH with a credit card or bank transfer at the correct rate and low commissions?
3. Do you know a cryptotrading site where I can directly deposit money that can be used to buy any currency? I have tried cryptopia but I can't transfer my EUR with credit card and bank transfer is way too expensive from Europe.

Thanks

Thanks I just corrected my text, I'm actually mining to my T address but I don't see anything to my Z address.

How do I move my balance from T to Z ? Or to any other location?

Hi all,

I have started mining ZCL a couple of days ago and I'm now wondering if I didn't miss something because I see contradictory information.
I have installed ZCL on ubuntu, I have created a Z and a T address and I'm pointing my rig to my T address. I'm using zclassic.miningspeed.com as mining pool.
So far, everything is ok, I see my balance increasing on Miningspeed but I don't understand the difference between t and z address.

My T address has balance on the mining pool, my Z address has no balance while I thought both were somehow connected.

./src/zcash-cli z_listaddresses
I see my z address here

./src/zcash-cli getinfo
gives the following
{
  "version": 1001051,
  "protocolversion": 170002,
  "walletversion": 60000,
  "balance": 0.00000000,
  "blocks": 0,
  "timeoffset": 0,
  "connections": 0,
  "proxy": "",
  "difficulty": 1,
  "testnet": false,
  "keypoololdest": 1514298407,
  "keypoolsize": 101,
  "paytxfee": 0.00000000,
  "relayfee": 0.00000100,
  "errors": ""
}

If I start zclassic to sync the blockchain, I see that everything there remain at 0 while I'm mining:


There must be something wrong or something I'm missing but I don't know what

thanks

You're welcome!
Don't forget to check your electricity cost because that can reduce your profitability. My rig is around 800W but if you choose more power hungry cards, you can rapidly go above 1000W

I have a meter at the wall (including the whole rig) and depending on the currency, it fluctuates between 750 and 850W. With ZEC it consumes less than with ETH, same for Monero.

See for yourself:

Not too late, you need to buy the right equipment and buy enough GPU to compensate for the cost of the rest of your hardware (motherboard, cpu, memory,...). Anything below 6 GPUs is probably not interesting unless you invest in very expensive gpus like 1080 type of cards. Electricity cost is another factor to take into account.

I was break even after 3 months with my 10 gpu rig (see details in my signature). I mainly mined ETH but also mined other coins when they started to become profitable.

with my rig, I invested 2500$ for 10x GTX 1060 and I'm making around 24$ / day with the current value of ETN. It took me 3 months to be break even so whatever you hear, yes it's profitable but nobody know how long it is going to be profitable. Mining cryptocurrency is bet for the future.

Details of my rig are in my signature. Prices have decreased since I built my rig so you may end up having the same kind of rig for less than 2500$

are you using windows or linux? I have MSI models, no issue to oc them on linux.

I'm using 2.2.3 and it's working fine on lyra2rev

Got the same, all Samsung memory, exactly the same card model and all bought in the same batch but not a single one has the same performance.

Nobody can tell for sure which coin is going to rise significantly in the coming months or years but like said here, mining different coins can help. There is a positive trend on coins for the moment and it's only the start. ETH was at 200$ when I started mining, now it's around 600$. I also mined some low value coins like ETN or PIRL, they have also increased with a significant % and the advantage of those is that the difficulty is not very high yet so you can produce a lot of them compared to ETH or ZEC.

correction: intensity did not work on version 2.2.1 but I managed to get it to work on version 2.2.3 with -i 10

I tried to change the mining intensity as suggested above but it doesn't work, I tried with -i 10 20 and 30, same result.

I'm using 3Gb version from Evga and MSI, I get around 24MH/s (Samsung memory) for a power consumption between 75 and 85W (see signature)