wow, 3 ignored users one after another. maybe I should sneak a peek  You are not missing anything. +2 |
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Well jdebunt, if you want us to take DGC seriously, you should try to get its price above its' all time high of SIX CENTS, and it has been at 2-3 cents for months. I consider it a scam coin now, although part of me still wants to see it pop sky high. There was a time back in about July when I considered buying DGC for cash, and that day its price went from three cents to four cents, and then that week it popped to SIX cents and I nearly had a heart attack. AAAHHH!!! IT'S GOING UP WITHOUT ME!!!!! EVERY PENNY IT RISES IS LOST PROFIT OPPORTUNITY FOR ME!!!!! But then I still didn't buy it, and it dropped to five....four....three....two cents. Boy am I glad I didn't buy DigitalCoin!  I'm not a DGC developer or investor, so i can't pump the price as much as i'ld like  Things will change soon i think, we'll see Yep, I believe DGC will rise. There will always be naysayers...but then market is indeed flooded with shit-scamcoins. I'm betting on LTC/FTC/DGC/CRC/MEC |
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I have been mining LTC for a few weeks, and it has gone well, I have a little over 4000 Khash worth of GPUs pimping LTC for me.
But I'm thinking of switching over to mining Feathercoin (FTC). Mainly for the following reasons:
1. FTC is supported on several exchanges, I can trade FTC for BTC or FTC for US Dollars.
2. Lower difficulty, can mine more coins faster.
3. Much lower price, more room to grow my profit.
My ultimate goal is to trade whatever coins I have for US Dollars, I have no plans to try and buy anything with any kind of coins directly.
Plus, some big GPU farms have switched to mining LTC from BTC recently, raising the difficulty and reducing my profit.
With FTC currently around 10 cents, I think it has a lot more room to rise and make me more profit than LTC, but having said that, I think LTC could also possibly bounce high, like $50 to $100 eventually if it becomes more widely accepted.
Why wouldn't you just mine the most profitable coin and trade it for whatever coin you are interested in? Multipool has failed twice within a week. Fix your site, before people migrate elsewhere. I'm moving to middlecoin instead. |
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Ahah...it's fine  |
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I'm saying I can get the exact same kH rounded off in multiminer as in cgminer if I put the same parameters. I just tried with "-I 12". Worked just fine.
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Was a bit apprehensive as you didn't reply to pm or email  |
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The first browser was Mosaic I think :p. Then Netscape, then Infernal Exploder and then FailFox. Safari was still in Steve's ovary. (wow that rhymed!)
I remember I downloaded the Mosaic source code using ftp from CERN then compiled it on my SUN workstation. That was at least long before Netscape or any other browser existed. What did you download it with? |
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Yeah, cause there's just so much real world applications for double SHA256, the possibilities are endless! You might as well go and buy a few tulip buds.
Just like the internet in 1995....you can't see what hasn't been yet created (the amount of available ASICS processing power is very high and could potentially be monetized other than just mining coins)....Plus FWIW there are shitons of people who make a viable living doing stuff that we would scoff at - janitorial businesses, fast food propritors, ditch diggers, and yes, tulip growers. When I first saw KnC they were saying a couple of things that I got mixed up for a short time, they were talking about a litecoin rig and modular miners...and for a short time I had a picture of a dual miner, one module mining each ..the litecoins paying the power bill while the other mined BTC. You're right about people finding a way to use all this kit I think, necessity is the mother of invention. Back in 1995 Internet exploder was by far the top browser, Chrome didn't exist....no-one would have believed what we have now. Maybe well all end up looking back and wishing we'd been mining another currency that follows the same path as BTC has. Loieeesssssssss it was netscape navigator - you aged yourself...youngin The first browser was Mosaic I think :p. Then Netscape, then Infernal Exploder and then FailFox. Safari was still in Steve's ovary. (wow that rhymed!) |
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this is difference case, you can read my post carefully and will understand summary: 1. if don't use the multiminer, vga 797 will load 99% and get over 700K with Intensity=13 2. if using the multiminer, vga 797 only load 96% and get under 600K with Intensity=13 multiminer only work good with Inversity over 13 You use the EXACT same parameters as you do in your multiminer, right? mine hashes at 638 when i run on CGminer, multiminer reports 640, about correct. what Invensity do you use ? only 13 ? Here's one of my sample .bat that gets me 640 khps on 7950 c:
cd\
cd cgminer-3.4.3-windows
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1
cgminer --scrypt -o stratum+tcp://pool1.us.multipool.us:7777 --gpu-threads 1 --gpu-engine 1045 --gpu-memclock 1455 --thread-concurrency 16384 -u coldbreeze16.1 -p x -w 256 --lookup-gap 2 -I 20 This one leaves PC usable while generating 560 khps c:
cd\
cd cgminer-3.4.3-windows
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1
cgminer --scrypt -o stratum+tcp://pool1.us.multipool.us:7777 --gpu-threads 1 --gpu-engine 1045 --gpu-memclock 1455 --thread-concurrency 16384 -u coldbreeze16.1 -p x -w 256 --lookup-gap 2 -I 14 Either work fine on multiminer. Never tried inserting an intensity below 13. You should check your shader/thread concurr value. |
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Try MEC for a while. I guess you'll like it and keep mining it, when you see that the diff filter is absolutely normal. No huge/insane diff jumps.
Correct, because not many are digging it. I was doing MEC this week, WDC the week before. Honestly I made far more with MEC. And I don't even have an MEC wallet |
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this is difference case, you can read my post carefully and will understand summary: 1. if don't use the multiminer, vga 797 will load 99% and get over 700K with Intensity=13 2. if using the multiminer, vga 797 only load 96% and get under 600K with Intensity=13 multiminer only work good with Inversity over 13 You use the EXACT same parameters as you do in your multiminer, right? mine hashes at 638 when i run on CGminer, multiminer reports 640, about correct. |
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There are many places in the world where the electricity is very cheap. This means that you should to buy coins, and not mining them. What are you thinking about when you are building your rigs? No one is interested in your problems with electricity It is just a fact gathering exercise - there are many places where the electricity is cheap but that is offset by the low wages paid and a $500 GPU could be a months pay. So it all evens out eventually cheap electric but no money to buy the hardware! Who buys a new GPU for farming! You can find loads of 7950's going on ebay being auctioned for 100$ or even less. |
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The problem is only intensity changing isn't effective. When I don't use PC I run this to get 640 kH/s from 1 HD 7950 cgminer --scrypt -o stratum+tcp://pool1.us.multipool.us:7777 --gpu-threads 1 --gpu-engine 1045 --gpu-memclock 1455 --thread-concurrency 16384 -u coldbreeze16.1 -p x -w 256 --lookup-gap 2 -I 20 When using PC, it becomes usable only after taking the intensity down to 14. But that gives me ~400 kH. But if I use this one, my PC remains usable while giving a 560 kH/s cgminer --scrypt -o stratum+tcp://pool1.us.multipool.us:7777 --gpu-threads 2 --gpu-engine 1065 --gpu-memclock 1325 --thread-concurrency 8192 -u coldbreeze16.1 -p x --shaders 1792 --vectors 1 -w 256 -g 2 -I 13 Thanks - that makes sense. I'll see what I can do. Scrypt is a pain to get sorted i never got my 7970 run above I 13 if i did it slowed down or crashed Its almost an exact science playing with thread concurrency with different settings however if one card works fine with a setting another might fail badly especially f you have different brand or models Thats why i think the powercolor died since the sapphier could have more punishment Right, every card is different even if it IS the same model and same manufacturer. Mine is a review unit with a high PCB quality, If I push it to borders it'll go up to 720-740 kH/s but GPU fan>69% is an annoyance, not to mention the heat. And it took me 6 hours to figure out the above two (optimal) settings! Wondering what do those running GPU farms do? |
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I'm not from US, I'm from India. But I believe some areas in US (I heard about some green county or something around Washington) have prices as low as 0.02/unit, which is what I'd be paying as well if I were in another state in India. Oh and btw Coinwarz is extremely wrong on predictions, it doesn't eve update the difficulty for all coins quick enough.
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It's a nice exchange, but the mcxFEE shares are WAY over priced. There's so much speculation built into the asking price right now that it's going to be pretty harsh for some people when RS releases more shares.
Which is why I tell the pumpers to pump it up more. The higher it goes the harder it will fall. It is laughable that 1 mcxFEE share is 0.991 BTC. So his entire supply of shares is worth ~99,100 BTC. Which is again laughable. You can't measure it this way. Right now it is being seen as a game - people are buying/selling to make money. I doubt anybody buying at 0.99 is thinking fondly of all the upcoming dividends. The greater fool theory at work, Sir. |
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My analysis for today is as follows
Mining on middlecoin-> 24hr (-10 min power outage)
Hash rate-> 636kHps (566 kHps while I use my PC which has been 6.5 hrs in this 24 hr period)
Coins earned ->0.013423 BTC = 1.6376$
Electricity consumed? Not sure, the room I rented was too large for me so the other half is rented out to another family and we share the electric bill. Haven't kept an eye on the meter today, but when PC is hashing it should maximally be consuming 350 kWh (HD 7950 = 220 W, proccy = 65 W, the rest). I pay 0.065$ per unit. So let's say it's 9 kWh/day. So that is 0.59$ on electricity
Probable profit -> 1.047
I'm taking worse conditions, give or take it should be 1.3-1.6$/day/HD 7950 (if I calculate exact electricity costs, let the PC hash away at maximal capacity without using it etc)
Plus I could earn 0.002-0.008 BTC extra each day if I use multipool.us which is what I was using until their servers went kaput 2 days ago or use multiminer which I fiddled with yesterday. But I believe trading manually is too time consuming especially when you have to track so many scamcoins. Auto trade is kinda inefficient at the moment.
PS: just to add, not hashing for money, just experimenting. Bought this baby 7950 for gaming and that's what I gonna do when my exams are over next month. Aaaand this 7950 is a reviewer unit = far better PCB build. :p
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Multipols and coinchoose etc are fine if you are looking to dump right away. If however you are speculating and waiting for growth then i think FTC is a much better bet. More chance that FTC will hit .0018 than LTC .04 - both of which are a 100% increase.  Yo pump and dump! that's what I do! Look at the condition of WDC over at cryptsy right now, I partially caused that Gotta love playing around with these stuff. How could you not... 90% of these coins are made just for that. I always keep about half of my hashing in FTC though to keep for the long term. Yeah I love cryptos for their novel concept, not really making a lot of money (electricity an all). Besides these scam coins are a perfect testbed for learning how to trade on exchanges before I put real money into stocks plus this is phun |
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Who says no illegal tapping in urban areas Aren't there slums on the outskirts? Even thela wallas do that. cost of power indeed a key question!! if even companies who collecting electricity payments steal, then everybody else should do that. In some states 99% of total electricity payments stolen and never reach state's budget. Talking of mining, cost of power is main factor to stay in the game. Does no matter what bitcoins cost now, little doubts, it will cost much and much more in near future. USA is in printing dollars business, so the whole world financial system is a fraud. Even if you making 1 btc per month and have free power - do it. Good news is that 500trh of blades will be on sale in October. Paper money yeah  no pegging to gold. Lets them climb atop an imaginary ladder until they fall, but that has yet to happen. |
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Just wanted to say a big thank you to Nate. I have been in touch this guy constantly for the last few days in order to iron out some issues I had with running MultiMiner with BFGMiner on Windows XP and getting it to talk to MobileMiner on Android. He replied almost immediately to my emails and worked tirelessly to get things working perfectly ..... which I'm glad to same they are now. Many thanks Gotta love a guy doing so much for the community, all for *free*. Libre ftw |
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Multipols and coinchoose etc are fine if you are looking to dump right away. If however you are speculating and waiting for growth then i think FTC is a much better bet. More chance that FTC will hit .0018 than LTC .04 - both of which are a 100% increase. Yo pump and dump! that's what I do! Look at the condition of WDC over at cryptsy right now, I partially caused that Gotta love playing around with these stuff. |
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